Objective

The Fund seeks to provide a high level of current income by investing primarily in below investment-grade fixed income instruments.

KEY FUND DETAILS
Style High Yield Bond
Market Symbol ISD
NAV Symbol XISDX
Exchange NYSE
CUSIP 69346H100
Inception Date 04/30/2012
Distribution Frequency Monthly
Total Expenses (Net Assets) (%) 2.53
Total Expenses (Investable Assets) (%) 2.01
DAILY FUND INFORMATION
AS OF 02/05/2026
Market Price ($) 14.53
Net Asset Value (NAV) ($) 14.03
Premium/Discount (%) 3.56
Market Price Distribution Rate (%) 8.67
NAV Price Distribution Rate (%) 8.98
Distribution (most recent) ($) 0.1050
Net Assets ($) 467,665,186
Investable Assets ($) 467,665,186
Leverage (%) 0.00
Portfolio Characteristics
AS OF 12/31/2025
Name
Weight
Average Maturity (years) 5.2
Leverage Adjusted Duration (years) 3.6

The Fund invests in high yield bonds, which are subject to greater credit and market risks, including greater risk of default; derivative securities, which may carry market, credit, and liquidity risks; foreign securities, which are subject to currency fluctuation and political uncertainty; and emerging markets securities, which are subject to greater volatility and price declines. Fixed income investments are subject to interest rate risk, where their value will decline as interest rates rise. There are fees and expenses involved with investing in the Fund. Diversification does not assure a profit or protect against a loss in declining markets. There is no guarantee that dividends or distributions will be paid.

Prices

AS OF 02/05/2026
Last Change
Market Price ($) 14.53
-0.09
Net Asset Value ($) 14.03
-0.01
Premium/Discount (%) 3.56
-0.57

Change shows the change in $U.S. value over the previous day:Gain= Gain, Loss= Loss,  No Change = No Change.

52 Week High/Low

AS OF 02/05/2026
Market Price Date Price ($)
High 11/28/2025 14.73
Low 04/07/2025 12.41
NAV Price Date Price ($)
High 09/10/2025 14.33
Low 04/10/2025 13.29

Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.

Average Annual Total Returns (%)

as of
TOTAL RETURNS (%)
Cumulative Average Annual
YTD 1-Yr 3-Yr 5-Yr 10-Yr Since Inception

Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.

Annual Fund Expense Ratios

AS OF 03/31/2025
Net Assets (%)
Investable Assets (%)
Management Fees 1.00 0.80
Other Expenses 0.09 0.06
Total Operating Expenses 1.09 0.86
Interest Expense from Leverage 1.44 1.15
Total Expense 2.53 2.01

Subject to change. Expenses based on the most recent publicity available reports. See the Fund's Annual Report for full information on expenses.

Total returns are based on changes in net asset value ("NAV") or market price. NAV total return assumes the reinvestment of all distributions, including returns of capital, if any, at NAV. Market Price total return assumes the reinvestment of all distributions, including returns of capital, if any, in additional shares in accordance with the Fund’s Dividend Reinvestment Plan. All returns 1-year or less are cumulative.

Distribution Rates

AS OF 01/31/2026
Market Price Distribution Rate (%)
NAV Price Distribution Rate (%)
Distribution Frequency
8.67 9.0 Monthly

Distribution History

Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.

Historical Distribution

Record Date Payable Date Distribution
2026 Total 0.1050
12/26/2025 01/08/2026 0.1050
2025 Total 1.2600
12/11/2025 12/31/2025 0.1050
11/13/2025 11/28/2025 0.1050
10/16/2025 10/31/2025 0.1050
09/11/2025 09/30/2025 0.1050
08/14/2025 08/29/2025 0.1050
07/10/2025 07/31/2025 0.1050
06/12/2025 06/30/2025 0.1050
05/15/2025 05/30/2025 0.1050
04/10/2025 04/10/2025 0.1050
03/13/2025 03/31/2025 0.1050
02/13/2025 02/28/2025 0.1050
12/26/2024 01/09/2025 0.1050
2024 Total 1.2600
12/12/2024 12/31/2024 0.1050
11/14/2024 11/29/2024 0.1050
10/10/2024 10/31/2024 0.1050
09/12/2024 09/30/2024 0.1050
08/08/2024 08/30/2024 0.1050
07/11/2024 07/31/2024 0.1050
06/13/2024 06/28/2024 0.1050
05/10/2024 05/31/2024 0.1050
04/12/2024 04/30/2024 0.1050
03/15/2024 03/28/2024 0.1050
02/16/2024 02/29/2024 0.1050
12/27/2023 01/05/2024 0.1050
2023 Total 1.2600
12/15/2023 12/29/2023 0.1050
11/09/2023 11/30/2023 0.1050
10/13/2023 10/31/2023 0.1050
09/15/2023 09/29/2023 0.1050
08/11/2023 08/31/2023 0.1050
07/14/2023 07/31/2023 0.1050
06/16/2023 06/30/2023 0.1050
05/12/2023 05/31/2023 0.1050
04/14/2023 04/28/2023 0.1050
03/17/2023 03/31/2023 0.1050
02/10/2023 02/28/2023 0.1050
12/28/2022 01/06/2023 0.1050
2022 Total 1.2600
12/16/2022 12/30/2022 0.1050
11/10/2022 11/30/2022 0.1050
10/14/2022 10/31/2022 0.1050
09/16/2022 09/30/2022 0.1050
08/12/2022 08/31/2022 0.1050
07/15/2022 07/29/2022 0.1050
06/17/2022 06/30/2022 0.1050
05/13/2022 05/31/2022 0.1050
04/14/2022 04/29/2022 0.1050
03/18/2022 03/31/2022 0.1050
02/11/2022 02/28/2022 0.1050
12/28/2021 01/03/2022 0.1050
2021 Total 1.2600
12/17/2021 12/30/2021 0.1050
11/12/2021 11/30/2021 0.1050
10/15/2021 10/29/2021 0.1050
09/17/2021 09/30/2021 0.1050
08/13/2021 08/31/2021 0.1050
07/16/2021 07/30/2021 0.1050
06/11/2021 06/30/2021 0.1050
05/14/2021 05/28/2021 0.1050
04/16/2021 04/30/2021 0.1050
03/12/2021 03/31/2021 0.1050
02/12/2021 02/26/2021 0.1050
12/29/2020 01/04/2021 0.1050
2020 Total 1.2600
12/11/2020 12/31/2020 0.1050
11/13/2020 11/30/2020 0.1050
10/16/2020 10/30/2020 0.1050
09/11/2020 09/30/2020 0.1050
08/14/2020 08/31/2020 0.1050
07/17/2020 07/31/2020 0.1050
06/12/2020 06/30/2020 0.1050
05/15/2020 05/29/2020 0.1050
04/17/2020 04/30/2020 0.1050
03/13/2020 03/31/2020 0.1050
02/14/2020 02/28/2020 0.1050
12/27/2019 01/06/2020 0.1050
2019 Total 1.1900
12/13/2019 12/31/2019 0.1050
11/15/2019 11/29/2019 0.1050
10/11/2019 10/31/2019 0.1050
09/13/2019 09/30/2019 0.1050
08/16/2019 08/30/2019 0.1000
07/19/2019 07/31/2019 0.1000
06/14/2019 06/28/2019 0.1000
05/17/2019 05/31/2019 0.1000
04/18/2019 04/30/2019 0.1000
03/22/2019 03/29/2019 0.1000
02/15/2019 02/28/2019 0.0850
12/28/2018 01/07/2019 0.0850
2018 Total 1.0350
12/14/2018 12/31/2018 0.0850
11/16/2018 11/30/2018 0.0850
10/12/2018 10/31/2018 0.0850
09/14/2018 09/28/2018 0.0850
08/17/2018 08/31/2018 0.0850
07/13/2018 07/31/2018 0.0850
06/15/2018 06/29/2018 0.0850
05/11/2018 05/31/2018 0.0850
04/13/2018 04/30/2018 0.0850
03/16/2018 03/29/2018 0.0850
02/16/2018 02/28/2018 0.0925
12/29/2017 01/08/2018 0.0925
2017 Total 1.1600
12/15/2017 12/29/2017 0.0925
11/17/2017 11/30/2017 0.0925
10/13/2017 10/31/2017 0.0925
09/15/2017 09/29/2017 0.0925
08/18/2017 08/31/2017 0.0925
07/14/2017 07/13/2017 0.0925
06/16/2017 06/30/2017 0.0925
05/12/2017 05/31/2017 0.1025
04/14/2017 04/28/2017 0.1025
03/17/2017 03/31/2017 0.1025
02/17/2017 02/28/2017 0.1025
12/30/2016 01/09/2017 0.1025
2016 Total 1.2900
12/16/2016 12/30/2016 0.1025
11/18/2016 11/30/2016 0.1025
10/12/2016 10/31/2016 0.1025
09/14/2016 09/30/2016 0.1025
08/19/2016 08/31/2016 0.1100
07/15/2016 07/29/2016 0.1100
06/17/2016 06/30/2016 0.1100
05/13/2016 05/31/2016 0.1100
04/15/2016 04/29/2016 0.1100
03/18/2016 03/31/2016 0.1100
02/19/2016 02/29/2016 0.1100
12/30/2015 01/11/2016 0.1100
2015 Total 1.5356
12/18/2015 12/31/2015 0.1100
11/20/2015 11/30/2015 0.1100
10/16/2015 10/30/2015 0.1100
09/18/2015 09/30/2015 0.1100
08/21/2015 08/31/2015 0.1225
07/17/2015 07/31/2015 0.1225
06/19/2015 06/30/2015 0.1225
05/15/2015 05/29/2015 0.1225
04/17/2015 04/30/2015 0.1225
03/20/2015 03/31/2015 0.1225
02/23/2015 02/27/2015 0.1225
12/30/2014 01/09/2015 0.1225
12/30/2014 01/09/2015 0.1156
2014 Total 1.5978
12/19/2014 12/31/2014 0.1225
11/20/2014 11/28/2014 0.1225
10/17/2014 10/31/2014 0.1225
09/19/2014 09/30/2014 0.1225
08/21/2014 08/29/2014 0.1225
07/18/2014 07/31/2014 0.1225
06/20/2014 06/30/2014 0.1225
05/21/2014 05/30/2014 0.1225
04/17/2014 04/30/2014 0.1225
03/27/2014 03/31/2014 0.1225
02/21/2014 02/28/2014 0.1225
12/31/2013 01/10/2014 0.1225
12/31/2013 01/10/2014 0.1278
2013 Total 1.4700
12/20/2013 12/31/2013 0.1225
11/20/2013 11/29/2013 0.1225
10/18/2013 10/31/2013 0.1225
09/20/2013 09/30/2013 0.1225
08/21/2013 08/30/2013 0.1225
07/19/2013 07/31/2013 0.1225
06/20/2013 06/28/2013 0.1225
05/22/2013 05/31/2013 0.1225
04/19/2013 04/30/2013 0.1225
03/20/2013 03/28/2013 0.1225
02/21/2013 02/28/2013 0.1225
12/28/2012 01/31/2013 0.1225
2012 Total 0.9525
12/19/2012 12/31/2012 0.1225
12/19/2012 12/31/2012 0.0950
11/21/2012 11/30/2012 0.1225
10/19/2012 10/31/2012 0.1225
09/21/2012 09/28/2012 0.1225
08/22/2012 08/31/2012 0.1225
07/20/2012 07/31/2012 0.1225
06/20/2012 06/29/2012 0.1225

* Indicates a special distribution.

Source: PGIM, Inc. (PGIM). PGIM is a Prudential Financial company.

An investment in a closed-end fund’s common stock may be speculative in that it involves a high degree of risk, should not constitute a complete investment program, and may result in loss of principal. Each closed-end fund will have its own unique investment strategy, risks, charges and expenses that need to be considered before investing.

Shares of each closed end fund are bought and sold through non-affiliated broker-dealers and trade on nationally recognized stock exchanges.

Investment products are distributed by Prudential Investment Management Services LLC (PIMS), member FINRA and SIPC. PGIM Investments is a registered investment adviser and investment manager to all PGIM investment companies. PGIM Fixed Income is a unit of PGIM, a registered investment adviser. All are Prudential Financial affiliates. ©2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Fixed Income and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.

Investment Products are not insured by the FDIC or any federal government agency, are not a deposit of or guaranteed by any bank or any bank affiliate, and may lose value.

5044609 Ed. 12/2025

Portfolio Attributes

AS OF 12/31/2025
Top 10 Corporate Holdings (% of Assets)
NEXT ALT SARL 2.9%
Echostar 1.8%
Venture Global 1.8%
Lumen Technologies 1.6%
Vistra 1.6%
Carvana 1.3%
Frontier Communications 1.3%
Digicel 1.2%
Tenet Healthcare 1.2%
Rocket Companies 1.2%
Credit Quality (% of Assets)
Rating
% of Assets
AAA 2.0
A 0.2
BBB 7.1
BB 48.3
B 23.3
CCC 11.7
CC 0.1
Not Rated 8.3
Cash/Equiv -0.9
LARGEST INDUSTRIES (% OF ASSETS)
Industry
% of Assets
Telecom 7.2
Health Care & Pharmaceutical 7.0
Building Materials & Home Construction 6.7
Energy - Midstream 6.4
Gaming & Lodging & Leisure 6.3
Cable & Satellite 5.6
Energy - Upstream 5.1
Consumer Non-Cyclical 4.8
Retailers & Restaurants 4.2
Metals 3.9
PORTFOLIO CHARACTERISTICS
AS OF 12/31/2025
Characteristic
Years
Average Maturity (years) 5.2
Leverage Adjusted Duration (years) 3.6
ASSET INFORMATION
AS OF 02/04/2026
Net Assets ($): 467665185.78
Manage Assets ($): 467665185.78
Leverage %: 0.0

All data is unaudited and subject to change. Holdings/allocations may vary. This is not a recommendation to buy or sell any security listed. Largest holdings exclude cash, cash equivalents, money market funds and enhanced cash strategies. Totals may not sum due to rounding. Negative holdings reflect outstanding trades at period end.

Average Maturity is the average number of years to maturity of the fund’s bonds. Leveraged Adjusted Duration shown is leverage-adjusted. Duration measures investment risk that takes into account both a bond’s interest payments and its value to maturity. Credit Quality is calculated using the highest rating of the three rating agencies (Moody's, S&P, and Fitch). If only two rating agencies are used, the higher ratings are shown. Due to data availability, statistics may not be as of the current reporting period.

Enhanced cash strategies are variations on traditional money market vehicles. They are designed to provide liquidity and principal preservation, but with more of an emphasis on seeking returns that are superior to those of traditional money market offerings.

Source: PGIM, Inc. (PGIM). PGIM is a Prudential Financial company.

Fund holdings

Fund Holdings As Of 12/31/2025

Holdings are unaudited, may vary and are subject to change. Please refer to the Fund's annual report for audited holdings information. This is not a recommendation to buy or sell any security listed.

Value ($): Cash securities are calculated using market value and derivative securities are calculated using notional value.

Source: Bank of New York Mellon. Holdings are provided to Prudential Financial by the custodian bank and Prudential Financial is not responsible for any errors or omissions related to the holdings data.

© 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved.

An investment in a closed-end fund’s common stock may be speculative in that it involves a high degree of risk, should not constitute a complete investment program, and may result in loss of principal.  Each closed-end fund will have its own unique investment strategy, risks, charges and expenses that need to be considered before investing.

Shares of each closed end fund are bought and sold through non-affiliated broker-dealers and trade on nationally recognized stock exchanges.

Investment products are distributed by Prudential Investment Management Services LLC (PIMS), member FINRA and SIPC. PGIM Investments is a registered investment adviser and investment manager to all PGIM investment companies. PGIM Fixed Income is a unit of PGIM, a registered investment adviser. All are Prudential Financial affiliates. ©2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Fixed Income and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.

Investment Products are not insured by the FDIC or any federal government agency, are not a deposit of or guaranteed by any bank or any bank affiliate, and may lose value.

Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

5044609 Ed. 12/2025

Security ID# (CUSIP/SEDOL)
Security Description
Ticker Symbol
Coupon Rate
Maturity Date
Shares Notional
Value ($)
% of Portfolio
69344A834 PGIM Aaa Clo Etf PAAA — — 303,020 15,532,805.00 3.31
74440W862 (pipa070) Pgim Core Government Money Mar — 3.87 12/01/2099 6,918,122 6,918,121.00 1.47
25470XAY1 DISH Dbs Corp DISH 7.75 07/01/2026 5,605,000 5,535,298.00 1.18
87248TAU9 TICP Clo Vii Ltd TICP 5.20 04/15/2033 4,275,065 4,279,339.00 0.91
G2770C100 Digicel Intl Fin Ltd Common Equity — — — 231,054 4,130,090.00 0.88
BL5159126 Radiate Holdco Llc RADIAT 7.78 09/25/2029 4,838,613 3,701,538.00 0.79
92840VAB8 Vistra Operations Co Llc VST 5.63 02/15/2027 3,550,000 3,552,072.00 0.76
88033GDR8 Tenet Healthcare Corp THC 4.38 01/15/2030 3,500,000 3,437,182.00 0.73
62482BAA0 Medline Borrower Lp MEDIND 3.88 04/01/2029 3,525,000 3,446,595.00 0.73
146869AN2 Carvana Co CVNA 9.00 06/01/2030 2,988,750 3,132,779.00 0.67
92840MAC6 Vistra Corp VST 7.00 06/15/2174 2,975,000 3,015,701.00 0.64
146869AM4 Carvana Co CVNA 9.00 06/01/2031 2,567,894 2,898,156.00 0.62
23918KAT5 Davita Inc DVA 3.75 02/15/2031 3,105,000 2,866,706.00 0.61
131347CN4 Calpine Corp CPN 5.13 03/15/2028 2,774,000 2,774,498.00 0.59
SWZ9796YTF ICE: (cdx.na.hy.45.v1) — 5.00 12/20/2030 35,765,000 2,775,056.00 0.59
B8A9598C3 Ferrellgas Escrow Llc 3/30/31 Preferred — 8.96 03/30/2031 2,625,000 2,625,000.00 0.56
278768AC0 Echostar Corp SATS 10.75 11/30/2029 2,300,000 2,540,360.00 0.54
12543DBQ2 Chs/community Health Systems Inc CYH 9.75 01/15/2034 2,290,000 2,406,371.00 0.51
77311WAA9 Rocket Cos Inc RKT 6.13 08/01/2030 2,215,000 2,290,471.00 0.49
68245XAM1 1011778 Bc Ulc / New Red Finance Inc BCULC 4.00 10/15/2030 2,400,000 2,282,616.00 0.49
55903VBU6 Warnermedia Holdings Inc WBD 5.14 03/15/2052 3,445,000 2,276,682.00 0.48
88033GAV2 Tenet Healthcare Corp THC 6.88 11/15/2031 2,025,000 2,209,817.00 0.47
35906ABF4 Frontier Communications Holdings Llc FYBR 5.00 05/01/2028 2,175,000 2,180,898.00 0.46
23918KAS7 Davita Inc DVA 4.63 06/01/2030 2,150,000 2,092,180.00 0.45
05508WAB1 B&G Foods Inc BGS 5.25 09/15/2027 2,150,000 2,102,253.00 0.45
BL4645844 Doncasters Finance Us Llc DONCAS 10.50 04/23/2030 2,107,463 2,125,902.00 0.45
00489LAK9 Acrisure Llc / Acrisure Finance Inc ACRISU 8.25 02/01/2029 1,980,000 2,054,178.00 0.44
12769GAA8 Caesars Entertainment Inc CZR 4.63 10/15/2029 2,125,000 2,039,768.00 0.43
B8AC2XVL0 Heritage Pwr Llc — — — 30,465 2,010,690.00 0.43
89616RAC3 Trident Tpi Holdings Inc TEKNI 12.75 12/31/2028 1,905,000 1,950,835.00 0.42
68288AAA5 1261229 Bc Ltd BHCCN 10.00 04/15/2032 1,863,000 1,940,988.00 0.41
59155LAA0 Mavis Tire Express Services Topco Corp EOCGRO 6.50 05/15/2029 1,886,000 1,878,918.00 0.40
53219LAU3 Lifepoint Health Inc RGCARE 5.38 01/15/2029 1,900,000 1,862,139.00 0.40
527298CN1 Level 3 Financing Inc LVLT 7.00 03/31/2034 1,785,000 1,838,952.00 0.39
126307AS6 CSC Holdings Llc CSCHLD 5.38 02/01/2028 2,500,000 1,816,066.00 0.39
91282CLH2 United States Treasury Note/bond T 3.75 08/31/2026 1,825,000 1,826,924.00 0.39
BL4622678 Lumen Technologies Inc LUMN 6.43 04/16/2029 1,854,593 1,843,001.00 0.39
131347CP9 Calpine Corp CPN 4.63 02/01/2029 1,775,000 1,773,597.00 0.38
36267QAA2 CLUE Opco Llc FWRD 9.50 10/15/2031 1,688,000 1,782,440.00 0.38
00081TAK4 ACCO Brands Corp ACCO 4.25 03/15/2029 1,875,000 1,737,580.00 0.37
63938CAK4 Navient Corp NAVI 5.00 03/15/2027 1,725,000 1,727,178.00 0.37
911365BG8 United Rentals North America Inc URI 4.88 01/15/2028 1,740,000 1,741,372.00 0.37
92332YAC5 Venture Global Lng Inc VENLNG 9.50 02/01/2029 1,680,000 1,743,394.00 0.37
92921EAA0 Voyager Parent Llc EVRI 9.25 07/01/2032 1,660,000 1,760,717.00 0.37
CURRENCY Currency — — — 1,674,068 1,681,583.00 0.36
443628AJ1 Hudbay Minerals Inc HBMCN 4.50 04/01/2026 1,645,000 1,645,115.00 0.35
044209AM6 Ashland Inc ASH 6.88 05/15/2043 1,550,000 1,628,076.00 0.35
07556QBT1 Beazer Homes Usa Inc BZH 7.25 10/15/2029 1,575,000 1,606,207.00 0.34
315293308 Ferrellgas Partners Lp FGPRB — — 9,477 1,613,264.00 0.34
978097AG8 Wolverine World Wide Inc WWW 4.00 08/15/2029 1,750,000 1,617,392.00 0.34
91327BAA8 Uniti Group Lp / Uniti Group Finance 201 UNIT 6.50 02/15/2029 1,675,000 1,611,402.00 0.34
963320BE5 Whirlpool Corp WHR 6.50 06/15/2033 1,575,000 1,527,496.00 0.33
11283YAD2 Brookfield Residential Properties Inc / BRPCN 4.88 02/15/2030 1,675,000 1,562,339.00 0.33
552953CJ8 MGM Resorts International MGM 6.50 04/15/2032 1,465,000 1,508,847.00 0.32
629377CE0 NRG Energy Inc NRG 5.75 01/15/2028 1,500,000 1,502,526.00 0.32
77340RAM9 Rockies Express Pipeline Llc ROCKIE 6.88 04/15/2040 1,445,000 1,493,657.00 0.32
00253XAB7 American Airlines Inc/aadvantage Loyalty AAL 5.75 04/20/2029 1,425,000 1,449,223.00 0.31
25381MAA5 Digicel International Finance Ltd / Difl DIGDIF 8.63 08/01/2032 1,410,000 1,463,763.00 0.31
92874BAA3 Voltagrid Llc VOLTAG 7.38 11/01/2030 1,470,000 1,456,669.00 0.31
BL4883627 Mcafee Corp MCFE 6.96 03/01/2029 1,553,787 1,429,002.00 0.30
071734AL1 Bausch Health Cos Inc BHCCN 5.25 02/15/2031 2,205,000 1,413,956.00 0.30
87470LAD3 Tallgrass Energy Partners Lp / Tallgrass TEP 5.50 01/15/2028 1,404,000 1,405,014.00 0.30
527298CQ4 Level 3 Financing Inc LVLT 8.50 01/15/2036 1,370,000 1,405,184.00 0.30
579063AB4 Mcafee Corp MCFE 7.38 02/15/2030 1,580,000 1,378,963.00 0.29
SWB8AEEEG5 Trswap: Iboxhy Index 03/20/2026 Jpmsw_r — — 03/20/2026 174,702 1,345,327.00 0.29
B8AB393F8 TPC Group Rights — — — 67,793 1,355,860.00 0.29
62957HAP0 Nabors Industries Inc NBR 9.13 01/31/2030 1,230,000 1,293,001.00 0.28
44267DAE7 Howard Hughes Corp/the HHH 4.13 02/01/2029 1,350,000 1,310,656.00 0.28
707569AS8 PENN Entertainment Inc PENN 5.63 01/15/2027 1,330,000 1,328,152.00 0.28
03690AAF3 Antero Midstream Partners Lp / Antero Mi AM 5.75 01/15/2028 1,260,000 1,261,875.00 0.27
893830BY4 Transocean International Ltd RIG 8.25 05/15/2029 1,280,000 1,285,184.00 0.27
91282CLS8 United States Treasury Note/bond T 4.13 10/31/2026 1,200,000 1,205,062.00 0.26
914906BA9 Univision Communications Inc UVN 9.38 08/01/2032 1,145,000 1,231,366.00 0.26
97381AAA0 Windstream Services Llc / Windstream Esc WIN 8.25 10/01/2031 1,150,000 1,207,013.00 0.26
BL3674951 Asurion Llc ASUCOR 9.33 01/20/2029 1,230,000 1,205,400.00 0.26
B8AC6L2G5 Hurricane Cleanco Limited — 6.25 10/31/2029 838,722 1,188,213.00 0.25
BL5258944 Numericable Us Llc SFRFP 10.86 05/31/2031 1,177,010 1,175,291.00 0.25
019579AA9 Allied Universal Holdco Llc/allied Unive UNSEAM 4.63 06/01/2028 1,210,000 1,189,551.00 0.25
019576AD9 Allied Universal Holdco Llc UNSEAM 7.88 02/15/2031 1,135,000 1,196,725.00 0.25
12769GAB6 Caesars Entertainment Inc CZR 7.00 02/15/2030 1,150,000 1,190,924.00 0.25
74841CAB7 Rocket Mortgage Llc / Rocket Mortgage Co RKT 3.88 03/01/2031 1,225,000 1,161,800.00 0.25
74165HAC2 Prime Healthcare Services Inc PRIHEA 9.38 09/01/2029 1,125,000 1,184,986.00 0.25
85172FAR0 Onemain Finance Corp OMF 5.38 11/15/2029 1,135,000 1,135,815.00 0.24
12687GAA7 Cablevision Lightpath Llc CVLGHT 3.88 09/15/2027 1,150,000 1,123,136.00 0.24
21873SAB4 Coreweave Inc CRWV 9.25 06/01/2030 1,210,000 1,125,438.00 0.24
22303XAA3 Reworld Holding Corp CVA 4.88 12/01/2029 1,170,000 1,123,881.00 0.24
31556TAC3 Fertitta Entertainment Llc / Fertitta En FRTITA 6.75 01/15/2030 1,175,000 1,116,042.00 0.24
92682RAA0 Viking Ocean Cruises Ship Vii Ltd VIKCRU 5.63 02/15/2029 1,125,000 1,127,025.00 0.24
07556QBR5 Beazer Homes Usa Inc BZH 5.88 10/15/2027 1,100,000 1,100,243.00 0.23
02090DAA6 Altice France Sa SFRFP 9.50 11/01/2029 1,042,060 1,071,164.00 0.23
00653VAC5 Adapthealth Llc ADAHEA 4.63 08/01/2029 1,125,000 1,091,625.00 0.23
810186AX4 Scotts Miracle-gro Co/the SMG 4.00 04/01/2031 1,150,000 1,083,111.00 0.23
880349AU9 Tenneco Inc TENINC 8.00 11/17/2028 1,075,000 1,079,684.00 0.23
86765KAK5 Sunoco Lp SUN 4.63 05/01/2030 1,125,000 1,092,057.00 0.23
70932MAG2 Pennymac Financial Services Inc PFSI 6.88 05/15/2032 1,050,000 1,099,705.00 0.23
69354NAF3 PRA Group Inc PRAA 8.88 01/31/2030 1,025,000 1,064,495.00 0.23
69356MAA4 PM General Purchaser Llc AMGENE 9.50 10/01/2028 1,255,000 1,079,154.00 0.23
445587AE8 HUNT Cos Inc HUNTCO 5.25 04/15/2029 1,125,000 1,097,986.00 0.23
670001AE6 Novelis Corp HNDLIN 4.75 01/30/2030 1,100,000 1,063,182.00 0.23
654922AB9 Nissan Motor Co Ltd NSANY 7.50 07/17/2030 990,000 1,034,550.00 0.22
57763RAE7 Mauser Packaging Solutions Holding Co BWY 7.88 04/15/2030 1,047,000 1,042,746.00 0.22
527298CM3 Level 3 Financing Inc LVLT 6.88 06/30/2033 1,000,000 1,023,399.00 0.22
50190EAA2 LCM Investments Holdings Ii Llc MAGLLC 4.88 05/01/2029 1,063,000 1,041,835.00 0.22
552953CF6 MGM Resorts International MGM 5.50 04/15/2027 1,011,000 1,020,432.00 0.22
75026JAH3 Radiate Holdco Llc / Radiate Finance Inc RADIAT 9.25 03/25/2030 1,709,647 1,056,463.00 0.22
86765LAZ0 Sunoco Lp / Sunoco Finance Corp SUN 4.50 04/30/2030 1,075,000 1,049,939.00 0.22
77313LAB9 Rocket Mortgage Llc / Rocket Mortgage Co RKT 4.00 10/15/2033 1,100,000 1,021,952.00 0.22
08949LAB6 BIG River Steel Llc / Brs Finance Corp BIGBRS 6.63 01/31/2029 1,034,000 1,037,428.00 0.22
B8ADAMRM6 International Park Hldgs Bv — 7.29 12/31/2031 900,000 1,044,459.00 0.22
BL3169069 CSC Holdings Llc CSCHLD 8.75 04/15/2027 1,148,416 1,001,579.00 0.21
BL4047090 Tenneco Inc TENINC 9.05 11/17/2028 1,007,064 986,419.00 0.21
90932LAG2 United Airlines Inc UAL 4.38 04/15/2026 965,000 964,452.00 0.21
00175PAC7 AMN Healthcare Inc AMN 4.00 04/15/2029 1,025,000 979,511.00 0.21
02154CAH6 Altice Financing Sa ALTICE 5.75 08/15/2029 1,425,000 992,156.00 0.21
053773BG1 AVIS Budget Car Rental Llc / Avis Budget CAR 4.75 04/01/2028 995,000 971,343.00 0.21
346232AE1 Forestar Group Inc FOR 5.00 03/01/2028 975,000 974,413.00 0.21
172967MV0 Citigroup Inc C 3.88 05/18/2174 1,000,000 997,013.00 0.21
737446AR5 POST Holdings Inc POST 4.50 09/15/2031 1,025,000 971,655.00 0.21
681639AB6 Olympus Water Us Holding Corp SOLEIN 6.25 10/01/2029 1,000,000 971,502.00 0.21
55342UAM6 MPT Operating Partnership Lp / Mpt Finan MPW 3.50 03/15/2031 1,350,000 981,705.00 0.21
57779EAA6 Maxim Crane Works Holdings Capital Llc CLDCRN 11.50 09/01/2028 885,000 941,546.00 0.20
76883NAA9 Rivers Enterprise Borrower Llc / Rivers RIVENT 6.63 02/01/2033 935,000 957,278.00 0.20
87265HAG4 TRI Pointe Homes Inc TPH 5.70 06/15/2028 905,000 919,589.00 0.20
853496AG2 Standard Industries Inc/ny BMCAUS 4.38 07/15/2030 950,000 918,493.00 0.20
42704LAF1 HERC Holdings Inc HRI 7.00 06/15/2030 915,000 962,380.00 0.20
039959AA9 Ardagh Group Sa ARGID 9.50 10/06/2030 847,050 918,210.00 0.20
05552BAA4 LBM Acquisition Llc USLBMH 6.25 01/15/2029 1,050,000 945,601.00 0.20
143658BY7 Carnival Corp CCL 5.75 03/15/2030 900,000 923,913.00 0.20
143658CA8 Carnival Corp CCL 5.75 08/01/2032 905,000 928,756.00 0.20
1248EPCK7 CCO Holdings Llc / Cco Holdings Capital CHTR 4.25 02/01/2031 1,010,000 928,148.00 0.20
BL4871903 Acrisure Llc ACRISU 6.96 11/06/2030 959,783 957,987.00 0.20
103304BV2 BOYD Gaming Corp BYD 4.75 06/15/2031 900,000 880,055.00 0.19
04364VAK9 Ascent Resources Utica Holdings Llc / Ar ASCRES 9.00 11/01/2027 687,000 873,068.00 0.19
21925AAQ8 Cornerstone Chemical Co Llc CRNRCH 10.00 05/07/2029 1,039,333 883,433.00 0.19
449691AC8 Iliad Holding Sas ILIADH 7.00 10/15/2028 875,000 886,077.00 0.19
603051AE3 Mineral Resources Ltd MINAU 9.25 10/01/2028 800,000 840,064.00 0.18
681639AD2 Olympus Water Us Holding Corp SOLEIN 7.25 06/15/2031 820,000 839,387.00 0.18
185899AP6 Cleveland-cliffs Inc CLF 7.00 03/15/2032 840,000 860,941.00 0.18
35640YAJ6 Freedom Mortgage Corp FREMOR 6.63 01/15/2027 850,000 851,522.00 0.18
35641AAC2 Freedom Mortgage Holdings Llc FREMOR 8.38 04/01/2032 780,000 822,893.00 0.18
35908MAB6 Frontier Communications Holdings Llc FYBR 6.00 01/15/2030 825,000 839,486.00 0.18
35908MAD2 Frontier Communications Holdings Llc FYBR 8.75 05/15/2030 825,000 861,644.00 0.18
92769XAP0 Virgin Media Secured Finance Plc VMED 5.50 05/15/2029 875,000 861,166.00 0.18
92840JAD1 Vistajet Malta Finance Plc / Vista Manag VSTJET 7.88 05/01/2027 830,000 836,225.00 0.18
92841HAA0 Vistajet Malta Finance Plc / Vista Manag VSTJET 9.50 06/01/2028 795,000 822,828.00 0.18
92332YAD3 Venture Global Lng Inc VENLNG 9.88 02/01/2032 825,000 852,157.00 0.18
983133AA7 WYNN Resorts Finance Llc / Wynn Resorts WYNFIN 5.13 10/01/2029 860,000 864,882.00 0.18
98313RAH9 WYNN Macau Ltd WYNMAC 5.63 08/26/2028 850,000 848,317.00 0.18
92332YAF8 Venture Global Lng Inc VENLNG 9.00 03/30/2173 985,000 778,322.00 0.17
35908MAA8 Frontier Communications Holdings Llc FYBR 5.88 11/01/2029 800,000 812,148.00 0.17
34966MAA0 Fortress Intermediate 3 Inc PSDO 7.50 06/01/2031 775,000 808,863.00 0.17
29272WAG4 Energizer Holdings Inc ENR 6.00 09/15/2033 850,000 814,951.00 0.17
045086AP0 Ashton Woods Usa Llc / Ashton Woods Fina ASHWOO 4.63 04/01/2030 825,000 786,349.00 0.17
045941AA9 Asurion Llc And Asurion Co-issuer Inc ASUCOR 8.00 12/31/2032 765,000 794,223.00 0.17
131347CQ7 Calpine Corp CPN 5.00 02/01/2031 800,000 811,769.00 0.17
70932MAB3 Pennymac Financial Services Inc PFSI 4.25 02/15/2029 825,000 806,164.00 0.17
85571BBB0 Starwood Property Trust Inc STWD 7.25 04/01/2029 740,000 780,941.00 0.17
80874DAA4 Scientific Games Holdings Lp/scientific SCGALO 6.63 03/01/2030 900,000 799,669.00 0.17
82088KAK4 SHEA Homes Lp / Shea Homes Funding Corp SHEAHM 4.75 02/15/2028 793,000 788,070.00 0.17
601137AA0 Millrose Properties Inc MRP 6.38 08/01/2030 800,000 818,252.00 0.17
57701RAM4 Mattamy Group Corp MATHOM 4.63 03/01/2030 808,000 784,075.00 0.17
59833DAB6 Midwest Gaming Borrower Llc / Midwest Ga MWGAME 4.88 05/01/2029 775,000 762,880.00 0.16
62886HBP5 NCL Corp Ltd NCLH 6.25 03/01/2030 750,000 760,215.00 0.16
654922AC7 Nissan Motor Co Ltd NSANY 7.75 07/17/2032 715,000 759,742.00 0.16
65480CAL9 Nissan Motor Acceptance Co Llc NSANY 6.13 09/30/2030 730,000 730,228.00 0.16
829259BH2 Sinclair Television Group Inc SBGI 8.13 02/15/2033 710,000 742,418.00 0.16
85172FAN9 Onemain Finance Corp OMF 7.13 03/15/2026 739,000 742,794.00 0.16
864486AL9 Suburban Propane Partners Lp/suburban En SPH 5.00 06/01/2031 790,000 758,606.00 0.16
74843PAA8 Quikrete Holdings Inc QUIKHO 6.38 03/01/2032 700,000 728,416.00 0.16
109641AK6 Brinker International Inc EAT 8.25 07/15/2030 725,000 768,101.00 0.16
03969UAA4 Ardagh Group Sa ARGID 12.00 01/12/2030 800,000 735,000.00 0.16
21873SAC2 Coreweave Inc CRWV 9.00 02/01/2031 840,000 767,515.00 0.16
205768AS3 Comstock Resources Inc CRK 6.75 03/01/2029 750,000 751,936.00 0.16
16115QAF7 Chart Industries Inc GTLS 7.50 01/01/2030 700,000 730,386.00 0.16
17888HAA1 Civitas Resources Inc CIVI 8.38 07/01/2028 730,000 752,861.00 0.16
346232AG6 Forestar Group Inc FOR 6.50 03/15/2033 745,000 758,488.00 0.16
922966AE6 Venture Global Plaquemines Lng Llc VEGLPL 6.13 12/15/2030 746,000 759,528.00 0.16
893647BY2 Transdigm Inc TDG 6.38 05/31/2033 715,000 733,379.00 0.16
BL4622694 Lumen Technologies Inc LUMN 6.43 04/15/2030 776,682 771,392.00 0.16
BTZP1V0 Ardagh Group Sa ARGID 12.00 12/01/2030 700,000 754,195.00 0.16
BL4949832 Clarios Global Lp POWSOL 6.71 01/28/2032 723,188 725,899.00 0.15
91845AAA3 VZ Secured Financing Bv ZIGGO 5.00 01/15/2032 800,000 723,000.00 0.15
18972EAB1 Clydesdale Acquisition Holdings Inc NOVHOL 8.75 04/15/2030 685,000 696,533.00 0.15
284902AF0 Eldorado Gold Corp ELDCN 6.25 09/01/2029 700,000 703,444.00 0.15
045086AM7 Ashton Woods Usa Llc / Ashton Woods Fina ASHWOO 4.63 08/01/2029 750,000 718,019.00 0.15
1248EPBR3 CCO Holdings Llc / Cco Holdings Capital CHTR 5.50 05/01/2026 700,000 700,871.00 0.15
70082LAD9 PARK River Holdings Inc PRIMBP 8.75 12/31/2030 717,675 708,054.00 0.15
68622TAB7 Organon & Co / Organon Foreign Debt Co-i OGN 5.13 04/30/2031 825,000 683,675.00 0.15
854938AA5 STAR Leasing Co Llc TRAILR 7.63 02/15/2030 745,000 693,923.00 0.15
86765LAT4 Sunoco Lp / Sunoco Finance Corp SUN 4.50 05/15/2029 730,000 716,065.00 0.15
81721MAM1 Diversified Healthcare Trust DHC 4.75 02/15/2028 750,000 723,801.00 0.15
62886HBR1 NCL Corp Ltd NCLH 6.75 02/01/2032 705,000 721,898.00 0.15
62886EAY4 NCR Voyix Corp VYX 5.00 10/01/2028 700,000 694,849.00 0.15
45174HBM8 Iheartcommunications Inc IHRT 7.75 08/15/2030 825,000 720,946.00 0.15
443628AH5 Hudbay Minerals Inc HBMCN 6.13 04/01/2029 680,000 688,404.00 0.15
48666KAX7 KB Home KBH 6.88 06/15/2027 700,000 713,987.00 0.15
48666KAY5 KB Home KBH 4.80 11/15/2029 700,000 697,105.00 0.15
553283AG7 MPH Acquisition Holdings Llc MLTPLN 5.75 12/31/2030 818,925 723,254.00 0.15
44267DAF4 Howard Hughes Corp/the HHH 4.38 02/01/2031 700,000 665,829.00 0.14
629377CU4 NRG Energy Inc NRG 10.25 09/15/2174 625,000 680,771.00 0.14
80349BCD7 Saratoga Investment Corp Clo 2013-1 Ltd SARAT 5.18 04/20/2033 651,962 652,268.00 0.14
682691AJ9 Onemain Finance Corp OMF 6.75 03/15/2032 625,000 640,731.00 0.14
70082LAC1 PARK River Holdings Inc PRIMBP 8.00 03/15/2031 615,000 634,678.00 0.14
737446AY0 POST Holdings Inc POST 6.50 03/15/2036 655,000 656,014.00 0.14
126307AQ0 CSC Holdings Llc CSCHLD 5.50 04/15/2027 765,000 654,964.00 0.14
126307BD8 CSC Holdings Llc CSCHLD 4.63 12/01/2030 1,875,000 669,491.00 0.14
041242AA6 ARKO Corp ARKO 5.13 11/15/2029 750,000 642,918.00 0.14
019576AF4 Allied Universal Holdco Llc / Allied Uni UNSEAM 6.88 06/15/2030 625,000 650,670.00 0.14
00810GAD6 Aethon United Br Lp / Aethon United Fina AETUNI 7.50 10/01/2029 615,000 644,199.00 0.14
29163VAG8 Empire Communities Corp EMPRCC 9.75 05/01/2029 645,000 662,253.00 0.14
335934AV7 First Quantum Minerals Ltd FMCN 9.38 03/01/2029 610,000 642,330.00 0.14
431318AS3 Hilcorp Energy I Lp / Hilcorp Finance Co HILCRP 6.25 11/01/2028 643,000 648,043.00 0.14
380355AN7 Goeasy Ltd GSYCN 7.38 10/01/2030 690,000 663,593.00 0.14
380355AR8 Goeasy Ltd GSYCN 6.88 02/15/2031 705,000 657,891.00 0.14
384311AC0 Graftech Finance Inc EAF 4.63 12/23/2029 875,000 650,055.00 0.14
92339LAA0 Veritiv Operating Co VRTV 10.50 11/30/2030 605,000 651,218.00 0.14
88830MAM4 Titan International Inc TWI 7.00 04/30/2028 670,000 671,930.00 0.14
89157UAA5 Toucan Finco Ltd/toucan Finco Can Inc/to TOUCAN 9.50 05/15/2030 600,000 598,596.00 0.13
893647BU0 Transdigm Inc TDG 6.38 03/01/2029 580,000 598,808.00 0.13
90932LAH0 United Airlines Inc UAL 4.63 04/15/2029 630,000 626,525.00 0.13
914906AY8 Univision Communications Inc UVN 8.00 08/15/2028 605,000 626,428.00 0.13
922966AB2 Venture Global Plaquemines Lng Llc VEGLPL 7.75 05/01/2035 546,000 597,817.00 0.13
BL3652478 Skillsoft Finance Ii Inc SKIL 9.34 07/14/2028 862,407 611,230.00 0.13
335934AW5 First Quantum Minerals Ltd FMCN 8.00 03/01/2033 555,000 591,369.00 0.13
25525PAB3 Diversified Healthcare Trust DHC 4.38 03/01/2031 711,000 621,874.00 0.13
18972EAD7 Clydesdale Acquisition Holdings Inc NOVHOL 6.75 04/15/2032 600,000 617,686.00 0.13
205768AT1 Comstock Resources Inc CRK 5.88 01/15/2030 625,000 608,207.00 0.13
18453HAD8 Clear Channel Outdoor Holdings Inc CCO 7.50 06/01/2029 600,000 596,039.00 0.13
032177AJ6 Amsted Industries Inc AMSIND 4.63 05/15/2030 610,000 599,556.00 0.13
12687GAB5 Cablevision Lightpath Llc CVLGHT 5.63 09/15/2028 625,000 610,937.00 0.13
097751CD1 Bombardier Inc BBDBCN 6.75 06/15/2033 585,000 616,771.00 0.13
097751BX8 Bombardier Inc BBDBCN 6.00 02/15/2028 600,000 601,386.00 0.13
737446AQ7 POST Holdings Inc POST 4.63 04/15/2030 625,000 608,512.00 0.13
749571AK1 RHP Hotel Properties Lp / Rhp Finance Co RHP 6.50 04/01/2032 590,000 612,107.00 0.13
810186AW6 Scotts Miracle-gro Co/the SMG 4.38 02/01/2032 675,000 633,443.00 0.13
853191AC8 Standard Building Solutions Inc BMCAUS 6.25 08/01/2033 615,000 628,302.00 0.13
86765KAJ8 Sunoco Lp SUN 4.50 10/01/2029 625,000 609,738.00 0.13
861036AB7 STL Holding Co Llc DSLDHM 8.75 02/15/2029 585,000 615,176.00 0.13
65505PAA5 Noble Finance Ii Llc NEFINA 8.00 04/15/2030 585,000 608,054.00 0.13
638962AA8 NCR Atleos Corp NCRATL 9.50 04/01/2029 550,000 597,403.00 0.13
449691AG9 Iliad Holding Sas ILIADH 7.00 04/15/2032 600,000 617,862.00 0.13
46115HBQ9 Intesa Sanpaolo Spa ISPIM 4.20 06/01/2032 600,000 571,515.00 0.12
431318AZ7 Hilcorp Energy I Lp / Hilcorp Finance Co HILCRP 6.25 04/15/2032 590,000 555,040.00 0.12
55337PAA0 MIWD Holdco Ii Llc / Miwd Finance Corp MIWIDO 5.50 02/01/2030 562,000 545,305.00 0.12
50168AAA8 LABL Inc LABL 10.50 07/15/2027 925,000 566,544.00 0.12
644535AJ5 NEW Gold Inc NGDCN 6.88 04/01/2032 525,000 556,122.00 0.12
64828TAC6 Rithm Capital Corp RITM 8.00 07/15/2030 540,000 552,107.00 0.12
651229BE5 Newell Brands Inc NWL 6.63 05/15/2032 600,000 580,089.00 0.12
601137AB8 Millrose Properties Inc MRP 6.25 09/15/2032 540,000 545,340.00 0.12
86765KAB5 Sunoco Lp SUN 7.00 05/01/2029 540,000 563,045.00 0.12
880779BA0 Terex Corp TEX 5.00 05/15/2029 550,000 548,270.00 0.12
87724RAJ1 Taylor Morrison Communities Inc TMHC 5.13 08/01/2030 580,000 583,649.00 0.12
83304AAL0 SNAP Inc SNAP 6.88 03/01/2033 535,000 554,962.00 0.12
78500CAF1 SWF Holdings I Corp SPRIND 6.50 10/06/2029 1,404,320 561,728.00 0.12
11283YAG5 Brookfield Residential Properties Inc / BRPCN 5.00 06/15/2029 600,000 578,472.00 0.12
126307AZ0 CSC Holdings Llc CSCHLD 6.50 02/01/2029 825,000 545,069.00 0.12
00653VAE1 Adapthealth Llc ADAHEA 5.13 03/01/2030 600,000 585,495.00 0.12
02154CAF0 Altice Financing Sa ALTICE 5.00 01/15/2028 843,000 585,885.00 0.12
02090DAB4 Altice France Sa SFRFP 6.88 10/15/2030 592,977 575,306.00 0.12
185899AS0 Cleveland-cliffs Inc CLF 7.50 09/15/2031 530,000 558,646.00 0.12
18060TAE5 Clarios Global Lp / Clarios Us Finance C POWSOL 6.75 09/15/2032 540,000 559,622.00 0.12
292554AS1 Encore Capital Group Inc ECPG 6.63 04/15/2031 545,000 551,165.00 0.12
335934AX3 First Quantum Minerals Ltd FMCN 7.25 02/15/2034 525,000 551,748.00 0.12
364760AP3 GAP Inc/the GAP 3.63 10/01/2029 600,000 568,264.00 0.12
97382BAB5 Windstream Services Llc UNIT 7.50 10/15/2033 560,000 573,934.00 0.12
948565AF3 Weekley Homes Llc / Weekley Finance Corp WEEKHM 6.75 01/15/2034 545,000 551,926.00 0.12
91282CME8 United States Treasury Note/bond T 4.25 12/31/2026 550,000 553,802.00 0.12
BL4799294 Xplore Inc/nb BARXPL 6.00 10/24/2031 923,440 554,064.00 0.12
BL4808012 TPC Group Inc TPCG 9.77 11/24/2031 655,199 584,221.00 0.12
BL5224490 Level 3 Financing Inc LVLT 7.17 03/29/2032 504,000 505,134.00 0.11
922966AC0 Venture Global Plaquemines Lng Llc VEGLPL 6.50 01/15/2034 500,000 511,855.00 0.11
922966AA4 Venture Global Plaquemines Lng Llc VEGLPL 7.50 05/01/2033 497,000 537,191.00 0.11
92840JAB5 Vistajet Malta Finance Plc / Vista Manag VSTJET 6.38 02/01/2030 525,000 499,406.00 0.11
97360AAA5 Windsor Holdings Iii Llc UNVR 8.50 06/15/2030 475,000 502,179.00 0.11
98313RAE6 WYNN Macau Ltd WYNMAC 5.13 12/15/2029 500,000 495,490.00 0.11
335934AU9 First Quantum Minerals Ltd FMCN 8.63 06/01/2031 500,000 525,781.00 0.11
17888HAC7 Civitas Resources Inc CIVI 8.63 11/01/2030 490,000 513,117.00 0.11
17888HAD5 Civitas Resources Inc CIVI 9.63 06/15/2033 465,000 501,271.00 0.11
185899AN1 Cleveland-cliffs Inc CLF 6.75 04/15/2030 505,000 519,866.00 0.11
02090DAE8 Altice France Sa SFRFP 6.88 07/15/2032 539,070 514,138.00 0.11
02406PBD1 American Axle & Manufacturing Inc AXL 7.75 10/15/2033 525,000 534,824.00 0.11
031921AB5 Amwins Group Inc AMWINS 4.88 06/30/2029 525,000 516,232.00 0.11
045086AR6 Ashton Woods Usa Llc / Ashton Woods Fina ASHWOO 6.88 08/01/2033 535,000 536,021.00 0.11
04288BAC4 Arsenal Aic Parent Llc ARNC 11.50 10/01/2031 475,000 523,639.00 0.11
126307BA4 CSC Holdings Llc CSCHLD 5.75 01/15/2030 1,350,000 495,449.00 0.11
108922AA3 Brightstar Lottery Plc/ Brightstar Globa BRSL 5.75 01/15/2033 510,000 506,338.00 0.11
12769GAC4 Caesars Entertainment Inc CZR 6.50 02/15/2032 490,000 502,025.00 0.11
07556QBU8 Beazer Homes Usa Inc BZH 7.50 03/15/2031 515,000 521,044.00 0.11
071734AN7 Bausch Health Cos Inc BHCCN 4.88 06/01/2028 578,000 515,865.00 0.11
817565CF9 Service Corp International/us SCI 3.38 08/15/2030 557,000 521,168.00 0.11
853496AD9 Standard Industries Inc/ny BMCAUS 4.75 01/15/2028 500,000 498,434.00 0.11
749571AG0 RHP Hotel Properties Lp / Rhp Finance Co RHP 4.50 02/15/2029 525,000 520,056.00 0.11
71384AAA2 Perimeter Holdings Llc PRM 6.25 01/15/2034 510,000 506,278.00 0.11
681639AE0 Olympus Water Us Holding Corp SOLEIN 7.25 02/15/2033 500,000 502,878.00 0.11
682691AN0 Onemain Finance Corp OMF 6.75 09/15/2033 513,000 520,585.00 0.11
629377CH3 NRG Energy Inc NRG 5.25 06/15/2029 500,000 501,348.00 0.11
651229BF2 Newell Brands Inc NWL 6.38 05/15/2030 505,000 493,447.00 0.11
65480CAK1 Nissan Motor Acceptance Co Llc NSANY 5.63 09/29/2028 515,000 514,700.00 0.11
668771AM0 GEN Digital Inc GEN 6.25 04/01/2033 496,000 511,038.00 0.11
64083YAA9 Nesco Holdings Ii Inc NSCO 5.50 04/15/2029 545,000 537,902.00 0.11
629571AB6 Nabors Industries Ltd NBR 7.50 01/15/2028 540,000 540,000.00 0.11
62957HAR6 Nabors Industries Inc NBR 7.63 11/15/2032 525,000 515,916.00 0.11
552953CK5 MGM Resorts International MGM 6.13 09/15/2029 485,000 498,530.00 0.11
553283AF9 MPH Acquisition Holdings Llc MLTPLN 11.50 12/31/2030 472,106 500,529.00 0.11
53523LAB6 Lindblad Expeditions Llc LIND 7.00 09/15/2030 485,000 505,633.00 0.11
431318BG8 Hilcorp Energy I Lp / Hilcorp Finance Co HILCRP 7.25 02/15/2035 530,000 503,715.00 0.11
45344LAC7 Crescent Energy Finance Llc CRGYFN 9.25 02/15/2028 504,000 519,803.00 0.11
45344LAD5 Crescent Energy Finance Llc CRGYFN 7.63 04/01/2032 530,000 514,417.00 0.11
45344LAE3 Crescent Energy Finance Llc CRGYFN 7.38 01/15/2033 530,000 503,344.00 0.11
432833AN1 Hilton Domestic Operating Co Inc HLT 3.63 02/15/2032 500,000 464,087.00 0.10
46150DAA0 Inversion Escrow Issuer Llc SOLEIN 6.75 08/01/2032 455,000 453,305.00 0.10
44267DAD9 Howard Hughes Corp/the HHH 5.38 08/01/2028 465,000 467,005.00 0.10
536797AG8 Lithia Motors Inc LAD 3.88 06/01/2029 475,000 459,203.00 0.10
50050NAA1 Kontoor Brands Inc KTB 4.13 11/15/2029 500,000 476,829.00 0.10
52109SAB5 LBM Acquisition Llc USLBMH 9.50 06/15/2031 440,000 457,318.00 0.10
531968AB1 Light & Wonder International Inc LNW 6.25 10/01/2033 455,000 460,453.00 0.10
62886HBG5 NCL Corp Ltd NCLH 7.75 02/15/2029 460,000 488,363.00 0.10
57701RAQ5 Mattamy Group Corp MATHOM 6.00 12/15/2033 480,000 475,684.00 0.10
55939AAA5 Magnera Corp MAGN 7.25 11/15/2031 500,000 491,525.00 0.10
83283WAE3 Smyrna Ready Mix Concrete Llc SMYREA 8.88 11/15/2031 450,000 481,428.00 0.10
785712AK6 Sable International Finance Ltd CWCLN 7.13 10/15/2032 450,000 456,187.00 0.10
87470LAL5 Tallgrass Energy Partners Lp / Tallgrass TEP 7.38 02/15/2029 460,000 475,379.00 0.10
880779BB8 Terex Corp TEX 6.25 10/15/2032 455,000 467,097.00 0.10
86828LAC6 Superior Plus Lp / Superior General Part SPBCN 4.50 03/15/2029 470,000 458,113.00 0.10
85571BAY1 Starwood Property Trust Inc STWD 4.38 01/15/2027 450,000 447,301.00 0.10
06055HAK9 BANK Of America Corp BAC 6.25 10/26/2174 485,000 491,564.00 0.10
11135RAA3 Broadstreet Partners Group Llc BROPAR 5.88 04/15/2029 450,000 449,439.00 0.10
097751CA7 Bombardier Inc BBDBCN 8.75 11/15/2030 415,000 447,125.00 0.10
12511VAA6 Churchill Downs Inc CHDN 5.75 04/01/2030 475,000 479,373.00 0.10
1248EPCD3 CCO Holdings Llc / Cco Holdings Capital CHTR 4.75 03/01/2030 475,000 454,401.00 0.10
049362AA4 Allied Universal Holdco Llc/allied Unive UNSEAM 4.63 06/01/2028 465,000 457,043.00 0.10
04364VBA0 Ascent Resources Utica Holdings Llc / Ar ASCRES 6.63 07/15/2033 450,000 465,230.00 0.10
019576AC1 Allied Universal Holdco Llc / Allied Uni UNSEAM 6.00 06/01/2029 475,000 470,270.00 0.10
00687YAB1 Adient Global Holdings Ltd ADNT 7.00 04/15/2028 450,000 461,506.00 0.10
00653VAA9 Adapthealth Llc ADAHEA 6.13 08/01/2028 470,000 473,319.00 0.10
185899AR2 Cleveland-cliffs Inc CLF 7.38 05/01/2033 460,000 478,227.00 0.10
165167735 Expand Energy Corp EXE — — 4,221 465,829.00 0.10
29977LAA9 SK Invictus Intermediate Ii Sarl PRM 5.00 10/30/2029 495,000 489,895.00 0.10
21979LAB2 Coronado Finance Pty Ltd CRNAU 9.25 10/01/2029 505,000 459,090.00 0.10
345370DA5 FORD Motor Co F 3.25 02/12/2032 538,000 474,524.00 0.10
356380AA3 Freedom Funding Center Llc FREFUN 12.00 10/01/2032 435,000 467,418.00 0.10
36168QAP9 GFL Environmental Inc GFLCN 4.38 08/15/2029 475,000 465,994.00 0.10
36170JAA4 GGAM Finance Ltd GGAMFI 8.00 06/15/2028 450,000 475,767.00 0.10
35908MAE0 Frontier Communications Holdings Llc FYBR 8.63 03/15/2031 425,000 447,698.00 0.10
36168QAL8 GFL Environmental Inc GFLCN 4.00 08/01/2028 465,000 458,025.00 0.10
364760AQ1 GAP Inc/the GAP 3.88 10/01/2031 525,000 485,659.00 0.10
366504AA6 Garrett Motion Holdings Inc / Garrett Lx GTX 7.75 05/31/2032 435,000 462,612.00 0.10
380355AM9 Goeasy Ltd GSYCN 6.88 05/15/2030 470,000 448,756.00 0.10
431318AV6 Hilcorp Energy I Lp / Hilcorp Finance Co HILCRP 6.00 02/01/2031 475,000 450,743.00 0.10
431318AY0 Hilcorp Energy I Lp / Hilcorp Finance Co HILCRP 6.00 04/15/2030 500,000 485,142.00 0.10
42704LAG9 HERC Holdings Inc HRI 7.25 06/15/2033 460,000 487,543.00 0.10
B8ADRJ0H5 Clubcorp Holdings Inc — 8.92 04/30/2032 480,521 473,312.00 0.10
92328MAA1 Venture Global Calcasieu Pass Llc VENTGL 3.88 08/15/2029 485,000 455,561.00 0.10
911365BM5 United Rentals North America Inc URI 3.88 11/15/2027 460,000 456,266.00 0.10
893830BX6 Transocean International Ltd RIG 8.75 02/15/2030 465,000 483,488.00 0.10
BL5229192 NCR Atleos Corp NCRATL 7.03 04/16/2029 469,333 470,117.00 0.10
BL5184058 Allied Universal Holdco UNSEAM 7.31 08/20/2032 448,875 450,917.00 0.10
BL4993855 MPH Acquisition Holdings MLTPLN 7.59 12/31/2030 486,081 486,324.00 0.10
BL5118916 Bingo Holdings I Llc AGS 8.75 06/30/2032 498,750 488,775.00 0.10
BNZHNG3 Bellis Acquisition Co Plc ASSDLN 8.13 05/14/2030 325,000 406,870.00 0.09
BL4938413 Venator Finance Sarl VNTR 6.00 07/16/2026 547,212 410,409.00 0.09
89055FAD5 Topbuild Corp BLD 5.63 01/31/2034 405,000 409,543.00 0.09
893830BZ1 Transocean International Ltd RIG 8.50 05/15/2031 450,000 445,158.00 0.09
911365BP8 United Rentals North America Inc URI 3.75 01/15/2032 450,000 422,194.00 0.09
911365BS2 United Rentals North America Inc URI 5.38 11/15/2033 405,000 404,695.00 0.09
922966AD8 Venture Global Plaquemines Lng Llc VEGLPL 6.75 01/15/2036 415,000 424,763.00 0.09
92328MAE3 Venture Global Calcasieu Pass Llc VENTGL 6.25 01/15/2030 400,000 404,558.00 0.09
B8AC8DDQ7 Venator Fin Sarl — 13.89 12/31/2026 544,229 408,172.00 0.09
BL3925031 IRIS Holding Inc ITPCN 8.69 06/28/2028 440,391 426,355.00 0.09
BL4295970 Viasat Inc VSAT 8.65 05/30/2030 445,443 443,425.00 0.09
98877DAH8 ZF North America Capital Inc ZFFNGR 7.50 03/24/2031 415,000 419,515.00 0.09
947075AW7 Weatherford International Ltd WFRD 6.75 10/15/2033 415,000 424,395.00 0.09
95081QAP9 Wesco Distribution Inc WCC 7.25 06/15/2028 430,000 436,630.00 0.09
35906ABE7 Frontier Communications Holdings Llc FYBR 5.88 10/15/2027 425,000 425,593.00 0.09
35906ABG2 Frontier Communications Holdings Llc FYBR 6.75 05/01/2029 425,000 428,302.00 0.09
233104AA6 DCLI Bidco Llc DIRCHA 7.75 11/15/2029 395,000 405,727.00 0.09
25260WAD3 Diamond Foreign Asset Co / Diamond Finan DO 8.50 10/01/2030 395,000 418,308.00 0.09
29365BAA1 Entegris Inc ENTG 4.75 04/15/2029 400,000 401,111.00 0.09
292554AR3 Encore Capital Group Inc ECPG 8.50 05/15/2030 400,000 429,442.00 0.09
18589GAA3 Cleveland-cliffs Inc CLF 7.63 01/15/2034 405,000 424,029.00 0.09
185899AQ4 Cleveland-cliffs Inc CLF 6.88 11/01/2029 410,000 424,395.00 0.09
201723AS2 Commercial Metals Co CMC 5.75 11/15/2033 420,000 429,546.00 0.09
201723AV5 Commercial Metals Co CMC 6.00 12/15/2035 420,000 430,614.00 0.09
00737WAA7 Adtalem Global Education Inc ATGE 5.50 03/01/2028 409,000 408,413.00 0.09
00766TAE0 AECOM ACM 6.00 08/01/2033 390,000 399,593.00 0.09
00175PAD5 AMN Healthcare Inc AMN 6.50 01/15/2031 425,000 425,468.00 0.09
097751BZ3 Bombardier Inc BBDBCN 7.50 02/01/2029 420,000 437,266.00 0.09
071734AH0 Bausch Health Cos Inc BHCCN 5.00 01/30/2028 475,000 415,525.00 0.09
864486AK1 Suburban Propane Partners Lp/suburban En SPH 5.88 03/01/2027 410,000 410,000.00 0.09
79546VAQ9 Sally Holdings Llc / Sally Capital Inc SBH 6.75 03/01/2032 425,000 444,028.00 0.09
82453AAB3 Shift4 Payments Llc / Shift4 Payments Fi FOUR 6.75 08/15/2032 425,000 438,950.00 0.09
852234AT0 Block Inc XYZ 5.63 08/15/2030 435,000 443,688.00 0.09
69331CAM0 PG&E Corp PCG 7.38 03/15/2055 400,000 416,624.00 0.09
71880KAA9 Phinia Inc PHIN 6.75 04/15/2029 390,000 403,995.00 0.09
74840LAB8 Rocket Mortgage Llc RKT 5.25 01/15/2028 451,000 439,809.00 0.09
75281ABK4 Range Resources Corp RRC 4.75 02/15/2030 450,000 444,505.00 0.09
76884GAA3 Rivers Enterprise Lender Llc / Rivers En RIVLEN 6.25 10/15/2030 425,000 433,474.00 0.09
629377CS9 NRG Energy Inc NRG 3.88 02/15/2032 475,000 443,858.00 0.09
55609NAD0 Macquarie Airfinance Holdings Ltd MCAIRH 6.50 03/26/2031 405,000 432,537.00 0.09
62957HAQ8 Nabors Industries Inc NBR 8.88 08/15/2031 435,000 422,058.00 0.09
645370AG2 NEW Home Co Inc/the NWHM 8.50 11/01/2030 420,000 433,646.00 0.09
681639AA8 Olympus Water Us Holding Corp SOLEIN 4.25 10/01/2028 425,000 412,402.00 0.09
536797AJ2 Lithia Motors Inc LAD 5.50 10/01/2030 410,000 412,851.00 0.09
442722AD6 Howard Midstream Energy Partners Llc HOWARD 6.63 01/15/2034 425,000 434,835.00 0.09
45344LAG8 Crescent Energy Finance Llc CRGYFN 8.38 01/15/2034 375,000 371,904.00 0.08
449691AF1 Iliad Holding Sas ILIADH 8.50 04/15/2031 335,000 359,706.00 0.08
469815AL8 Jacobs Entertainment Inc JACENT 6.75 02/15/2029 400,000 391,235.00 0.08
462914AA0 IRIS Holding Inc ITPCN 10.00 12/15/2028 420,000 381,046.00 0.08
465965AC5 JB Poindexter & Co Inc JBPOIN 8.75 12/15/2031 365,000 382,593.00 0.08
49328K107 Keycon Pwr Hldgs Llc — — — 12,469 361,226.00 0.08
55305BAV3 M/I Homes Inc MHO 3.95 02/15/2030 375,000 360,739.00 0.08
513272AE4 LAMB Weston Holdings Inc LW 4.38 01/31/2032 375,000 357,406.00 0.08
50106GAJ1 Kronos Acquisition Holdings Inc KIKCN 10.75 06/30/2032 895,000 398,275.00 0.08
50168QAE5 LABL Inc LABL 9.50 11/01/2028 550,000 354,365.00 0.08
670001AL0 Novelis Corp HNDLIN 6.88 01/30/2030 340,000 352,868.00 0.08
60855RAN0 Molina Healthcare Inc MOH 6.50 02/15/2031 385,000 395,721.00 0.08
576485AG1 Matador Resources Co MTDR 6.50 04/15/2032 390,000 394,934.00 0.08
603051AF0 Mineral Resources Ltd MINAU 7.00 04/01/2031 350,000 363,429.00 0.08
775631AD6 Roller Bearing Co Of America Inc RBC 4.38 10/15/2029 400,000 394,408.00 0.08
716964AA9 PHH Escrow Issuer Llc/phh Corp PHHESC 9.88 11/01/2029 385,000 399,358.00 0.08
740212AM7 Precision Drilling Corp PDCN 6.88 01/15/2029 368,000 372,434.00 0.08
69331CAH1 PG&E Corp PCG 5.00 07/01/2028 375,000 374,700.00 0.08
682691AC4 Onemain Finance Corp OMF 3.88 09/15/2028 375,000 365,146.00 0.08
703343AH6 Patrick Industries Inc PATK 6.38 11/01/2032 380,000 389,953.00 0.08
707569AV1 PENN Entertainment Inc PENN 4.13 07/01/2029 425,000 393,635.00 0.08
70052LAC7 PARK Intermediate Holdings Llc / Pk Dome PK 4.88 05/15/2029 400,000 390,307.00 0.08
78466CAC0 SS&C Technologies Inc SSNC 5.50 09/30/2027 375,000 375,327.00 0.08
82088KAJ7 SHEA Homes Lp / Shea Homes Funding Corp SHEAHM 4.75 04/01/2029 375,000 368,627.00 0.08
87470LAM3 Tallgrass Energy Partners Lp / Tallgrass TEP 6.75 03/15/2034 395,000 394,812.00 0.08
05480AAB1 Azorra Finance Ltd AZORRA 7.25 01/15/2031 355,000 371,617.00 0.08
097751CB5 Bombardier Inc BBDBCN 7.25 07/01/2031 355,000 378,053.00 0.08
105340AT0 Brandywine Operating Partnership Lp BDN 6.13 01/15/2031 410,000 398,727.00 0.08
126307BB2 CSC Holdings Llc CSCHLD 4.13 12/01/2030 575,000 353,570.00 0.08
15853BAA9 Champion Iron Canada Inc CIACN 7.88 07/15/2032 375,000 397,590.00 0.08
13323NAA0 Camelot Return Merger Sub Inc CNR 8.75 08/01/2028 500,000 390,021.00 0.08
02154CAJ2 Altice Financing Sa ALTICE 9.63 07/15/2027 500,000 382,500.00 0.08
023771T32 American Airlines Inc AAL 7.25 02/15/2028 385,000 393,496.00 0.08
01309QAD0 Albertsons Cos Inc / Safeway Inc / New A ACI 5.75 03/31/2034 365,000 366,370.00 0.08
018581AQ1 Bread Financial Holdings Inc BFH 8.38 06/15/2035 375,000 386,994.00 0.08
030981AP9 Amerigas Partners Lp / Amerigas Finance APU 9.50 06/01/2030 345,000 367,619.00 0.08
18064PAD1 Clarivate Science Holdings Corp CLVTSC 4.88 07/01/2029 410,000 387,622.00 0.08
21925DAA7 Cornerstone Building Brands Inc CNR 6.13 01/15/2029 775,000 394,114.00 0.08
35641AAB4 Freedom Mortgage Holdings Llc FREMOR 9.13 05/15/2031 340,000 365,219.00 0.08
345397B77 FORD Motor Credit Co Llc F 2.70 08/10/2026 400,000 395,620.00 0.08
431318AU8 Hilcorp Energy I Lp / Hilcorp Finance Co HILCRP 5.75 02/01/2029 400,000 394,732.00 0.08
95081QAQ7 Wesco Distribution Inc WCC 6.38 03/15/2029 360,000 372,173.00 0.08
94107JAC7 Waste Pro Usa Inc WASPRO 7.00 02/01/2033 370,000 381,717.00 0.08
983133AC3 WYNN Resorts Finance Llc / Wynn Resorts WYNFIN 7.13 02/15/2031 345,000 373,918.00 0.08
BL4045797 Tenneco Inc TENINC 9.30 11/17/2028 380,000 373,011.00 0.08
92840MAB8 Vistra Corp VST 8.00 04/15/2174 375,000 383,109.00 0.08
92840VAF9 Vistra Operations Co Llc VST 5.00 07/31/2027 375,000 374,843.00 0.08
91327TAC5 Uniti Group Lp / Uniti Group Finance 201 UNIT 8.63 06/15/2032 390,000 384,483.00 0.08
896522AJ8 Trinity Industries Inc TRN 7.75 07/15/2028 360,000 373,846.00 0.08
87724RAB8 Taylor Morrison Communities Inc TMHC 5.75 01/15/2028 350,000 356,271.00 0.08
91889FAC5 Valaris Ltd VAL 8.38 04/30/2030 325,000 337,359.00 0.07
922966AF3 Venture Global Plaquemines Lng Llc VEGLPL 6.50 06/15/2034 315,000 322,022.00 0.07
BL4063485 Altice Financing Sa ALTICE 8.90 10/31/2027 423,282 311,869.00 0.07
BL4600518 Connect Finco Sarl IMASF 8.46 09/27/2029 327,922 326,964.00 0.07
983133AD1 WYNN Resorts Finance Llc / Wynn Resorts WYNFIN 6.25 03/15/2033 345,000 352,423.00 0.07
98313RAD8 WYNN Macau Ltd WYNMAC 5.50 10/01/2027 350,000 349,244.00 0.07
95081QAR5 Wesco Distribution Inc WCC 6.63 03/15/2032 310,000 324,668.00 0.07
96208TAD6 WEX Inc WEX 6.50 03/15/2033 340,000 348,402.00 0.07
BQ0G6D4 Bellis Acquisition Co Plc ASSDLN 8.00 07/01/2031 296,000 337,858.00 0.07
BL5147105 CP Atlas Buyer Inc AMBATH 9.21 07/08/2030 349,125 336,905.00 0.07
BL4989184 Quikrete Holdings Inc QUIKHO 6.21 02/10/2032 322,563 323,485.00 0.07
38869AAC1 Graphic Packaging International Llc GPK 3.50 03/01/2029 350,000 334,295.00 0.07
398433AP7 Griffon Corp GFF 5.75 03/01/2028 330,000 330,576.00 0.07
33834YAC2 FIVE Point Operating Co Lp FPH 8.00 10/01/2030 305,000 319,019.00 0.07
33853QAA9 Flash Compute Llc FLASHC 7.25 12/31/2030 320,000 317,181.00 0.07
36170JAE6 GGAM Finance Ltd GGAMFI 5.88 03/15/2030 340,000 344,675.00 0.07
235825AG1 DANA Inc DAN 5.63 06/15/2028 325,000 324,777.00 0.07
27034RAA1 Permian Resources Operating Llc PR 8.00 04/15/2027 325,000 329,101.00 0.07
184496AR8 Clean Harbors Inc CLH 5.75 10/15/2033 305,000 313,110.00 0.07
03881NAJ6 Arbor Realty Sr Inc ABR 7.88 07/15/2030 360,000 344,976.00 0.07
030981AL8 Amerigas Partners Lp / Amerigas Finance APU 5.75 05/20/2027 315,000 316,668.00 0.07
05480AAA3 Azorra Finance Ltd AZORRA 7.75 04/15/2030 315,000 332,718.00 0.07
05508WAC9 B&G Foods Inc BGS 8.00 09/15/2028 325,000 320,264.00 0.07
05464CAC5 AXON Enterprise Inc AXON 6.13 03/15/2030 310,000 321,056.00 0.07
02128LAC0 ALTA Equipment Group Inc ALTG 9.00 06/01/2029 360,000 325,574.00 0.07
02406PBC3 American Axle & Manufacturing Inc AXL 6.38 10/15/2032 310,000 315,749.00 0.07
00489LAM5 Acrisure Llc / Acrisure Finance Inc ACRISU 8.50 06/15/2029 300,000 313,965.00 0.07
14071LAA6 Capstone Copper Corp CAPCOP 6.75 03/31/2033 300,000 310,812.00 0.07
12653CAL2 CNX Resources Corp CNX 7.25 03/01/2032 295,000 308,281.00 0.07
097023DG7 Boeing Co/the BA 2.20 02/04/2026 350,000 349,350.00 0.07
097751AL5 Bombardier Inc BBDBCN 7.45 05/01/2034 300,000 334,851.00 0.07
071734AJ6 Bausch Health Cos Inc BHCCN 5.25 01/30/2030 500,000 350,760.00 0.07
88642RAE9 Tidewater Inc TDW 9.13 07/15/2030 300,000 321,956.00 0.07
86765KAD1 Sunoco Lp SUN 6.25 07/01/2033 315,000 322,619.00 0.07
852234AU7 Block Inc XYZ 6.00 08/15/2033 335,000 343,780.00 0.07
85236FAA1 Smyrna Ready Mix Concrete Llc SMYREA 6.00 11/01/2028 343,000 344,881.00 0.07
845467AS8 Expand Energy Corp EXE 5.38 03/15/2030 320,000 324,865.00 0.07
70932MAH0 Pennymac Financial Services Inc PFSI 6.75 02/15/2034 315,000 325,736.00 0.07
71424VAA8 Permian Resources Operating Llc PR 7.00 01/15/2032 295,000 307,267.00 0.07
72147KAH1 Pilgrim's Pride Corp PPC 3.50 03/01/2032 375,000 345,859.00 0.07
77340RAT4 Rockies Express Pipeline Llc ROCKIE 4.80 05/15/2030 335,000 329,650.00 0.07
77311WAC5 Rocket Cos Inc RKT 6.50 08/01/2029 300,000 309,815.00 0.07
629377DC3 NRG Energy Inc NRG 5.75 01/15/2034 305,000 307,607.00 0.07
651229BG0 Newell Brands Inc NWL 8.50 06/01/2028 315,000 329,959.00 0.07
64438WAA5 NEW Flyer Holdings Inc NFICN 9.25 07/01/2030 310,000 332,171.00 0.07
55305BAS0 M/I Homes Inc MHO 4.95 02/01/2028 350,000 348,597.00 0.07
48250MAK3 KKR Clo 11 Ltd KKR 5.35 01/15/2031 320,015 320,106.00 0.07
469815AK0 Jacobs Entertainment Inc JACENT 6.75 02/15/2029 350,000 342,733.00 0.07
47232MAF9 Jefferies Finance Llc / Jfin Co-issuer C JEFFIN 5.00 08/15/2028 325,000 312,798.00 0.07
50168QAC9 LABL Inc LABL 5.88 11/01/2028 475,000 300,691.00 0.06
516806AK2 Vital Energy Inc VTLE 7.88 04/15/2032 300,000 295,617.00 0.06
645370AF4 NEW Home Co Inc/the NWHM 9.25 10/01/2029 250,000 261,080.00 0.06
651229AY2 Newell Brands Inc NWL 7.50 04/01/2046 350,000 292,493.00 0.06
668771AK4 GEN Digital Inc GEN 6.75 09/30/2027 300,000 304,647.00 0.06
670001AH9 Novelis Corp HNDLIN 3.88 08/15/2031 290,000 263,768.00 0.06
62909BAA5 NFE Financing Llc NFE 12.00 11/15/2029 1,020,000 294,698.00 0.06
62886HBZ3 NCL Corp Ltd NCLH 6.25 09/15/2033 280,000 279,475.00 0.06
74841CAA9 Rocket Mortgage Llc / Rocket Mortgage Co RKT 3.63 03/01/2029 275,000 265,671.00 0.06
71424VAB6 Permian Resources Operating Llc PR 6.25 02/01/2033 295,000 302,697.00 0.06
682691AL4 Onemain Finance Corp OMF 6.13 05/15/2030 265,000 270,223.00 0.06
69306RAB2 P&L Development Llc / Pld Finance Corp PLDEVE 12.00 05/15/2029 289,139 294,567.00 0.06
81728UAB0 Sensata Technologies Inc ST 3.75 02/15/2031 300,000 281,830.00 0.06
83443QAA1 Solstice Advanced Materials Inc SOLADV 5.63 09/30/2033 280,000 282,659.00 0.06
78410GAG9 SBA Communications Corp SBAC 3.13 02/01/2029 275,000 262,819.00 0.06
85571BBD6 Starwood Property Trust Inc STWD 6.50 07/01/2030 275,000 286,836.00 0.06
87470LAJ0 Tallgrass Energy Partners Lp / Tallgrass TEP 6.00 12/31/2030 290,000 292,286.00 0.06
156431AS7 Century Aluminum Co CENX 6.88 08/01/2032 280,000 289,035.00 0.06
126307BF3 CSC Holdings Llc CSCHLD 3.38 02/15/2031 500,000 302,714.00 0.06
12597YAC3 CP Atlas Buyer Inc AMBATH 9.75 07/15/2030 250,000 259,201.00 0.06
1248EPBX0 CCO Holdings Llc / Cco Holdings Capital CHTR 5.00 02/01/2028 275,000 272,740.00 0.06
018581AR9 Bread Financial Holdings Inc BFH 6.75 05/15/2031 255,000 264,008.00 0.06
05464CAD3 AXON Enterprise Inc AXON 6.25 03/15/2033 260,000 270,313.00 0.06
04364VAX1 Ascent Resources Utica Holdings Llc / Ar ASCRES 6.63 10/15/2032 290,000 299,988.00 0.06
03881NAL1 Arbor Realty Sr Inc ABR 8.50 12/15/2028 265,000 264,010.00 0.06
03690AAN6 Antero Midstream Partners Lp / Antero Mi AM 5.75 07/01/2034 270,000 272,058.00 0.06
172967PR6 Citigroup Inc C 6.75 02/15/2173 260,000 263,528.00 0.06
17327CBC6 Citigroup Inc C 6.88 11/15/2173 277,000 283,222.00 0.06
20752TAB0 Connect Finco Sarl / Connect Us Finco Ll ISATLN 9.00 09/15/2029 275,000 291,717.00 0.06
26154DAB6 Dream Finders Homes Inc DFH 6.88 09/15/2030 290,000 291,607.00 0.06
28228PAC5 EG Global Finance Plc EGBLFN 12.00 11/30/2028 275,000 298,179.00 0.06
36268NAA8 Boost Newco Borrower Llc WRLDPY 7.50 01/15/2031 250,000 265,723.00 0.06
36168QAQ7 GFL Environmental Inc GFLCN 6.75 01/15/2031 260,000 272,248.00 0.06
35640YAL1 Freedom Mortgage Corp FREMOR 12.25 10/01/2030 250,000 277,265.00 0.06
35641AAA6 Freedom Mortgage Holdings Llc FREMOR 9.25 02/01/2029 275,000 288,369.00 0.06
422704AH9 Hecla Mining Co HL 7.25 02/15/2028 286,000 287,814.00 0.06
389375AN6 GRAY Media Inc GTN 9.63 07/15/2032 280,000 290,627.00 0.06
389375AP1 GRAY Media Inc GTN 7.25 08/15/2033 275,000 281,149.00 0.06
42704LAH7 HERC Holdings Inc HRI 5.75 03/15/2031 270,000 273,873.00 0.06
380355AJ6 Goeasy Ltd GSYCN 7.63 07/01/2029 265,000 261,451.00 0.06
37954FAJ3 Global Partners Lp / Glp Finance Corp GLP 6.88 01/15/2029 300,000 303,533.00 0.06
384701AA6 Graham Packaging Co Inc GRMPAC 7.13 08/15/2028 260,000 260,010.00 0.06
38141GC28 Goldman Sachs Group Inc/the GS 6.85 08/10/2174 290,000 301,573.00 0.06
37954FAL8 Global Partners Lp / Glp Finance Corp GLP 7.13 07/01/2033 290,000 295,449.00 0.06
BL4990380 Hilcorp Energy I Lp HILCRP 6.03 02/11/2030 297,750 297,937.00 0.06
BL4993863 MPH Acquisition Holdings MLTPLN 8.70 12/31/2030 317,354 297,652.00 0.06
BL4922748 Graftech Global Enterpri EAF 9.86 12/21/2029 278,233 282,289.00 0.06
98927UAA5 Zegona Finance Plc ZEGLN 8.63 07/15/2029 275,000 291,843.00 0.06
B8A66QXU2 Genon Hldgs Class A — — — 9,187 275,610.00 0.06
92328MAB9 Venture Global Calcasieu Pass Llc VENTGL 4.13 08/15/2031 285,000 259,310.00 0.06
92262TAA4 Velocity Vehicle Group Llc VLCYVG 8.00 06/01/2029 290,000 275,356.00 0.06
91838PAA9 VT Topco Inc VERCOR 8.50 08/15/2030 250,000 260,823.00 0.06
903522AB6 UWM Holdings Llc UWMC 6.25 03/15/2031 280,000 279,537.00 0.06
92332YAE1 Venture Global Lng Inc VENLNG 7.00 01/15/2030 275,000 264,503.00 0.06
92676XAF4 Viking Cruises Ltd VIKCRU 7.00 02/15/2029 275,000 275,497.00 0.06
89055FAB9 Topbuild Corp BLD 3.63 03/15/2029 285,000 276,160.00 0.06
91327BAB6 Uniti Group Lp / Uniti Group Finance 201 UNIT 4.75 04/15/2028 300,000 298,535.00 0.06
897051AC2 Tronox Inc TROX 4.63 03/15/2029 340,000 238,223.00 0.05
903522AA8 UWM Holdings Llc UWMC 6.63 02/01/2030 240,000 242,808.00 0.05
89055FAC7 Topbuild Corp BLD 4.13 02/15/2032 255,000 242,302.00 0.05
893647BV8 Transdigm Inc TDG 6.63 03/01/2032 225,000 234,066.00 0.05
893647BW6 Transdigm Inc TDG 6.00 01/15/2033 230,000 235,410.00 0.05
893647BP1 Transdigm Inc TDG 4.63 01/15/2029 225,000 223,595.00 0.05
893647BR7 Transdigm Inc TDG 6.75 08/15/2028 235,000 239,522.00 0.05
896215AH3 Trimas Corp TRS 4.13 04/15/2029 250,000 243,396.00 0.05
92858RAE0 VMED O2 Uk Financing I Plc VMED 6.75 01/15/2033 260,000 256,146.00 0.05
914906AV4 Univision Communications Inc UVN 4.50 05/01/2029 225,000 216,165.00 0.05
92047WAG6 Valvoline Inc VVV 3.63 06/15/2031 250,000 229,568.00 0.05
B8AC24CC5 Heritage Power Llc — 9.50 07/20/2028 226,671 222,137.00 0.05
989207AD7 Zebra Technologies Corp ZBRA 6.50 06/01/2032 235,000 243,197.00 0.05
983793AK6 XPO Inc XPO 7.13 02/01/2032 205,000 215,717.00 0.05
963320BD7 Whirlpool Corp WHR 6.13 06/15/2030 225,000 224,978.00 0.05
96467GAC2 White Cap Supply Holdings Llc WHTCAP 7.38 11/15/2030 240,000 248,074.00 0.05
95081QAS3 Wesco Distribution Inc WCC 6.38 03/15/2033 205,000 213,915.00 0.05
BL4587764 Magnera Corp MAGN 8.45 11/04/2031 247,351 245,290.00 0.05
B8ACA1AA8 Digicel Intl Fin Ltd — — — 18,040 224,433.00 0.05
B8AC4A3C9 Cornerstone Chem Co — — — 43,850 219,250.00 0.05
B8ADGKST8 NEW Generation Gas Gathering Llc — 4.01 09/30/2029 227,027 223,621.00 0.05
BL4799260 Xplore Inc/nb BARXPL 9.08 10/23/2029 241,162 223,477.00 0.05
BL4691277 Kronos Acquisition Holdi KIKCN 8.00 07/08/2031 338,892 218,839.00 0.05
SWB8AEUETL Trswap: Iboxhy Index 03/20/2026 Mslsw_r — — 03/20/2026 109,488 213,578.00 0.05
38016LAA3 GO Daddy Operating Co Llc / Gd Finance C GDDY 5.25 12/01/2027 215,000 215,589.00 0.05
38016LAC9 GO Daddy Operating Co Llc / Gd Finance C GDDY 3.50 03/01/2029 250,000 239,785.00 0.05
37954FAK0 Global Partners Lp / Glp Finance Corp GLP 8.25 01/15/2032 225,000 236,794.00 0.05
389286AA3 GRAY Media Inc GTN 5.38 11/15/2031 325,000 243,763.00 0.05
42704LAE4 HERC Holdings Inc HRI 6.63 06/15/2029 240,000 248,956.00 0.05
345397E58 FORD Motor Credit Co Llc F 5.80 03/08/2029 225,000 229,920.00 0.05
36170JAC0 GGAM Finance Ltd GGAMFI 8.00 02/15/2027 225,000 230,224.00 0.05
36168QAN4 GFL Environmental Inc GFLCN 4.75 06/15/2029 235,000 234,393.00 0.05
25525PAE7 Diversified Healthcare Trust DHC 7.25 10/15/2030 235,000 240,419.00 0.05
165167DG9 Expand Energy Corp EXE 5.88 02/01/2029 230,000 230,311.00 0.05
17253NAA5 Cipher Compute Llc CIFR 7.13 11/15/2030 225,000 229,506.00 0.05
16115QAG5 Chart Industries Inc GTLS 9.50 01/01/2031 210,000 222,902.00 0.05
18064PAC3 Clarivate Science Holdings Corp CLVTSC 3.88 07/01/2028 250,000 242,763.00 0.05
18060TAD7 Clarios Global Lp / Clarios Us Finance C POWSOL 6.75 02/15/2030 235,000 245,307.00 0.05
03690AAH9 Antero Midstream Partners Lp / Antero Mi AM 5.38 06/15/2029 250,000 250,126.00 0.05
03969YAD0 Ardagh Metal Packaging Finance Usa Llc / AMPBEV 6.25 01/30/2031 210,000 214,483.00 0.05
01309QAC2 Albertsons Cos Inc / Safeway Inc / New A ACI 5.50 03/31/2031 230,000 232,704.00 0.05
00489LAL7 Acrisure Llc / Acrisure Finance Inc ACRISU 7.50 11/06/2030 235,000 244,704.00 0.05
12543DBM1 Chs/community Health Systems Inc CYH 5.25 05/15/2030 250,000 234,595.00 0.05
071734AD9 Bausch Health Cos Inc BHCCN 7.00 01/15/2028 250,000 226,250.00 0.05
097751CC3 Bombardier Inc BBDBCN 7.00 06/01/2032 215,000 227,126.00 0.05
87724RAK8 Taylor Morrison Communities Inc TMHC 5.75 11/15/2032 250,000 257,200.00 0.05
85571BBE4 Starwood Property Trust Inc STWD 6.50 10/15/2030 225,000 234,589.00 0.05
85571BBC8 Starwood Property Trust Inc STWD 6.00 04/15/2030 250,000 256,267.00 0.05
853496AH0 Standard Industries Inc/ny BMCAUS 3.38 01/15/2031 275,000 252,080.00 0.05
86765KAF6 Sunoco Lp SUN 5.63 03/15/2031 240,000 241,261.00 0.05
78412FAX2 SESI Llc SPN 7.88 09/30/2030 230,000 226,400.00 0.05
78454LAX8 SM Energy Co SM 6.75 08/01/2029 225,000 226,675.00 0.05
7846ELAE7 SNF Group Saca SNFF 3.38 03/15/2030 250,000 233,687.00 0.05
81180LAA3 Seagate Data Storage Technology Pte Ltd STX 5.88 07/15/2030 235,000 242,665.00 0.05
83304AAM8 SNAP Inc SNAP 6.88 03/15/2034 250,000 257,557.00 0.05
853191AA2 Standard Building Solutions Inc BMCAUS 6.50 08/15/2032 235,000 242,252.00 0.05
682691AH3 Onemain Finance Corp OMF 6.63 05/15/2029 225,000 233,028.00 0.05
70052LAD5 PARK Intermediate Holdings Llc / Pk Dome PK 7.00 02/01/2030 250,000 256,265.00 0.05
77340RAU1 Rockies Express Pipeline Llc ROCKIE 6.75 03/15/2033 240,000 253,262.00 0.05
63938CAJ7 Navient Corp NAVI 6.75 06/15/2026 250,000 252,347.00 0.05
516806AJ5 Vital Energy Inc VTLE 9.75 10/15/2030 225,000 235,437.00 0.05
552953CH2 MGM Resorts International MGM 4.75 10/15/2028 225,000 224,388.00 0.05
53219LAV1 Lifepoint Health Inc RGCARE 9.88 08/15/2030 200,000 215,580.00 0.05
432833AT8 Hilton Domestic Operating Co Inc HLT 5.50 03/31/2034 225,000 226,767.00 0.05
431318BC7 Hilcorp Energy I Lp / Hilcorp Finance Co HILCRP 8.38 11/01/2033 168,000 171,327.00 0.04
47232MAG7 Jefferies Finance Llc / Jfin Co-issuer C JEFFIN 6.63 10/15/2031 200,000 196,735.00 0.04
50012LAD6 Kodiak Gas Services Llc KGS 6.50 10/01/2033 205,000 209,255.00 0.04
50012LAE4 Kodiak Gas Services Llc KGS 6.75 10/01/2035 170,000 174,770.00 0.04
55342UAQ7 MPT Operating Partnership Lp / Mpt Finan MPW 8.50 02/15/2032 175,000 186,998.00 0.04
521088AC8 LD Holdings Group Llc LNDPT 6.13 04/01/2028 200,000 185,998.00 0.04
50168QAF2 LABL Inc LABL 8.63 10/01/2031 330,000 175,748.00 0.04
63938CAL2 Navient Corp NAVI 4.88 03/15/2028 200,000 197,732.00 0.04
66981QAB2 Brundage-bone Concrete Pumping Holdings BBCP 7.50 02/01/2032 175,000 178,529.00 0.04
67777LAD5 OI European Group Bv OI 4.75 02/15/2030 185,000 178,711.00 0.04
65535HCC1 Nomura Holdings Inc NOMURA 7.00 01/15/2174 205,000 210,071.00 0.04
62888HAA7 NCL Finance Ltd NCLH 6.13 03/15/2028 175,000 179,425.00 0.04
629377CR1 NRG Energy Inc NRG 3.63 02/15/2031 200,000 186,846.00 0.04
603051AC7 Mineral Resources Ltd MINAU 8.00 11/01/2027 165,000 168,445.00 0.04
59151LAA4 Methanex Us Operations Inc MXCN 6.25 03/15/2032 205,000 211,355.00 0.04
780153BW1 Royal Caribbean Cruises Ltd RCL 5.63 09/30/2031 185,000 189,020.00 0.04
74825NAA5 QXO Building Products Inc BECN 6.75 04/30/2032 190,000 198,523.00 0.04
70932MAF4 Pennymac Financial Services Inc PFSI 6.88 02/15/2033 185,000 193,096.00 0.04
737446AX2 POST Holdings Inc POST 6.25 10/15/2034 180,000 181,118.00 0.04
70932MAC1 Pennymac Financial Services Inc PFSI 5.75 09/15/2031 200,000 200,987.00 0.04
68245XAH2 1011778 Bc Ulc / New Red Finance Inc BCULC 3.88 01/15/2028 188,000 185,059.00 0.04
81725WAK9 Sensata Technologies Bv ST 4.00 04/15/2029 200,000 195,168.00 0.04
86765KAL3 Sunoco Lp SUN 6.63 08/15/2032 200,000 205,548.00 0.04
85571BBF1 Starwood Property Trust Inc STWD 5.25 10/15/2028 165,000 166,328.00 0.04
876511AG1 Taseko Mines Ltd TKOCN 8.25 05/01/2030 155,000 164,530.00 0.04
058498BA3 BALL Corp BALL 5.50 09/15/2033 205,000 208,817.00 0.04
071734AM9 Bausch Health Cos Inc BHCCN 5.00 02/15/2029 250,000 190,402.00 0.04
00253XAA9 American Airlines Inc/aadvantage Loyalty AAL 5.50 04/20/2026 175,000 175,437.00 0.04
01741RAN2 ATI Inc ATI 7.25 08/15/2030 165,000 174,010.00 0.04
02352NAA7 AMER Sports Co AS 6.75 02/16/2031 200,000 209,186.00 0.04
03690AAK2 Antero Midstream Partners Lp / Antero Mi AM 6.63 02/01/2032 170,000 176,298.00 0.04
032177AK3 Amsted Industries Inc AMSIND 6.38 03/15/2033 200,000 205,999.00 0.04
03969YAA6 Ardagh Metal Packaging Finance Usa Llc / AMPBEV 3.25 09/01/2028 200,000 191,896.00 0.04
03969YAB4 Ardagh Metal Packaging Finance Usa Llc / AMPBEV 4.00 09/01/2029 200,000 187,704.00 0.04
17888HAB9 Civitas Resources Inc CIVI 8.75 07/01/2031 200,000 207,608.00 0.04
17327CAV5 Citigroup Inc C 6.95 05/15/2174 165,000 169,767.00 0.04
345370CQ1 FORD Motor Co F 4.75 01/15/2043 225,000 177,948.00 0.04
39807UAD8 Greystar Real Estate Partners Llc GRSTAR 7.75 09/01/2030 200,000 210,835.00 0.04
37441QAA9 Wrangler Holdco Corp GFLCN 6.63 04/01/2032 190,000 198,588.00 0.04
BL4756492 Asurion Llc ASUCOR 8.21 09/19/2030 198,000 197,906.00 0.04
BL4938314 MAIN Street Sports Group DSPORT 15.00 01/02/2028 479,366 166,407.00 0.04
BL4964328 NCR Atleos Corp NCRATL 6.34 09/27/2028 199,204 197,709.00 0.04
B8ADVAEX9 NEW Generation Gas Gathering Llc — 4.01 09/30/2029 189,189 186,351.00 0.04
B8ACXD562 NEW Generation Gas Gathering Llc — 3.71 09/30/2029 189,189 186,351.00 0.04
B8AEJWWK1 Altice France Sa Equity — — — 9,822 176,893.00 0.04
95002YAC7 Wells Fargo & Co WFC 6.85 09/15/2174 200,000 208,930.00 0.04
893814AA1 Transocean International Ltd RIG 7.88 10/15/2032 190,000 196,293.00 0.04
902104AC2 Coherent Corp COHR 5.00 12/15/2029 210,000 209,389.00 0.04
911365BN3 United Rentals North America Inc URI 4.00 07/15/2030 125,000 120,997.00 0.03
913229AC4 United Wholesale Mortgage Llc UWMLLC 5.75 06/15/2027 150,000 150,352.00 0.03
98379KAB8 XPO Inc XPO 7.13 06/01/2031 150,000 156,440.00 0.03
B8AENG7Z6 Radiate Holdco Llc — — 06/26/2029 127,500 126,543.00 0.03
BL4417558 CLUE Opco Llc FWRD 8.34 12/19/2030 148,667 147,328.00 0.03
B8AD64SP3 Xplore Inc — — — 79,554 120,737.00 0.03
B8ADQ6J27 Doncasters Us Fin Llc — — 04/01/2030 120,000 121,050.00 0.03
BL4922755 Graftech Global Enterpri EAF — 12/21/2029 158,990 161,308.00 0.03
BL4915957 SWF Holdings I Corp SPRIND — 12/18/2029 142,857 141,327.00 0.03
419866AV0 Hawaiian Electric Co Inc HE 6.00 10/01/2033 140,000 141,780.00 0.03
42704LAK0 HERC Holdings Inc HRI 6.00 03/15/2034 130,000 131,718.00 0.03
163851AJ7 Chemours Co/the CC 8.00 01/15/2033 140,000 135,385.00 0.03
18453HAC0 Clear Channel Outdoor Holdings Inc CCO 7.75 04/15/2028 150,000 150,060.00 0.03
192108BC1 Coeur Mining Inc CDE 5.13 02/15/2029 165,000 164,002.00 0.03
235825AF3 DANA Inc DAN 5.38 11/15/2027 150,000 149,881.00 0.03
031921AC3 Amwins Group Inc AMWINS 6.38 02/15/2029 125,000 128,312.00 0.03
05368VAB2 Avient Corp AVNT 6.25 11/01/2031 115,000 118,241.00 0.03
095796AK4 BLUE Racer Midstream Llc / Blue Racer Fi BLURAC 7.25 07/15/2032 120,000 127,224.00 0.03
12543DBH2 Chs/community Health Systems Inc CYH 6.00 01/15/2029 150,000 149,881.00 0.03
69354NAD8 PRA Group Inc PRAA 5.00 10/01/2029 150,000 141,080.00 0.03
74743LAA8 Qnity Electronics Inc QNTELE 5.75 08/15/2032 150,000 153,652.00 0.03
60672JAA7 Miter Brands Acquisition Holdco Inc / Mi MIWIDO 6.75 04/01/2032 133,000 136,268.00 0.03
629377CQ3 NRG Energy Inc NRG 3.38 02/15/2029 125,000 119,483.00 0.03
62886EBA5 NCR Voyix Corp VYX 5.13 04/15/2029 124,000 123,143.00 0.03
513272AD6 LAMB Weston Holdings Inc LW 4.13 01/31/2030 150,000 145,029.00 0.03
53219LAY5 Lifepoint Health Inc RGCARE 8.38 02/15/2032 150,000 162,819.00 0.03
552953CD1 MGM Resorts International MGM 4.63 09/01/2026 125,000 124,922.00 0.03
432833AS0 Hilton Domestic Operating Co Inc HLT 5.75 09/15/2033 120,000 122,796.00 0.03
428040DC0 Hertz Corp/the HTZ 12.63 07/15/2029 150,000 151,184.00 0.03
431318BE3 Hilcorp Energy I Lp / Hilcorp Finance Co HILCRP 6.88 05/15/2034 125,000 117,159.00 0.02
49339FAE5 Keystone Power Pass-through Holders Llc KEYCON 13.00 06/01/2028 125,029 103,273.00 0.02
55609NAC2 Macquarie Airfinance Holdings Ltd MCAIRH 6.40 03/26/2029 75,000 78,499.00 0.02
603051AD5 Mineral Resources Ltd MINAU 8.50 05/01/2030 75,000 77,871.00 0.02
64828TAB8 Rithm Capital Corp RITM 8.00 04/01/2029 100,000 102,684.00 0.02
74743LAB6 Qnity Electronics Inc QNTELE 6.25 08/15/2033 90,000 93,468.00 0.02
737446AV6 POST Holdings Inc POST 6.38 03/01/2033 105,000 106,023.00 0.02
71880KAB7 Phinia Inc PHIN 6.63 10/15/2032 75,000 77,666.00 0.02
703343AD5 Patrick Industries Inc PATK 4.75 05/01/2029 75,000 74,184.00 0.02
69073TAT0 Owens-brockway Glass Container Inc OI 6.63 05/13/2027 80,000 80,269.00 0.02
69073TAU7 Owens-brockway Glass Container Inc OI 7.25 05/15/2031 85,000 86,858.00 0.02
86765LAN7 Sunoco Lp / Sunoco Finance Corp SUN 5.88 03/15/2028 75,000 75,132.00 0.02
1248EPCN1 CCO Holdings Llc / Cco Holdings Capital CHTR 4.50 05/01/2032 100,000 89,762.00 0.02
095796AJ7 BLUE Racer Midstream Llc / Blue Racer Fi BLURAC 7.00 07/15/2029 105,000 109,524.00 0.02
06055HAH6 BANK Of America Corp BAC 6.63 08/01/2174 75,000 78,071.00 0.02
105340AS2 Brandywine Operating Partnership Lp BDN 8.88 04/12/2029 100,000 107,763.00 0.02
12008RAN7 Builders Firstsource Inc BLDR 5.00 03/01/2030 115,000 114,652.00 0.02
1248EPBT9 CCO Holdings Llc / Cco Holdings Capital CHTR 5.13 05/01/2027 75,000 74,914.00 0.02
04288BAB6 Arsenal Aic Parent Llc ARNC 8.00 10/01/2030 110,000 116,854.00 0.02
281020AX5 Edison International EIX 8.13 06/15/2053 75,000 78,037.00 0.02
380355AH0 Goeasy Ltd GSYCN 9.25 12/01/2028 105,000 107,886.00 0.02
345370BR0 FORD Motor Co F 7.40 11/01/2046 100,000 107,879.00 0.02
BL4915932 SWF Holdings I Corp SPRIND 8.46 12/18/2029 107,143 105,995.00 0.02
BL4755601 Lifepoint Health Inc RGCARE 7.65 05/16/2031 99,000 99,273.00 0.02
BL5042678 Vista Management Holding VSTJET 7.74 03/26/2031 93,750 94,530.00 0.02
BNR4L57 Energizer Gamma Acquisition Bv ENR 3.50 06/30/2029 100,000 113,305.00 0.02
B8ADX0WW1 Doncasters Us Finance Llc — 10.50 04/23/2030 79,600 80,296.00 0.02
B8AC5MQN3 Diamond Sports Grp Llc- Cs — — — 64,608 107,701.00 0.02
B8AC2XW47 Heritage Pwr Llc — — — 1,340 88,440.00 0.02
92916WAA7 VOYA Clo 2013-2 Ltd INGIM 5.09 04/25/2031 82,321 82,320.00 0.02
91282CLY5 United States Treasury Note/bond T 4.25 11/30/2026 105,000 105,639.00 0.02
897051AD0 Tronox Inc TROX 9.13 09/30/2030 115,000 114,384.00 0.02
92332YAA9 Venture Global Lng Inc VENLNG 8.13 06/01/2028 85,000 86,409.00 0.02
92676XAG2 Viking Cruises Ltd VIKCRU 9.13 07/15/2031 50,000 53,448.00 0.01
B8AE3VDG0 Clubcorp Hldgs Inc — — 07/31/2032 31,417 30,945.00 0.01
B8AE3VHV3 Clubcorp Hldgs Inc — — 07/31/2032 52,361 51,575.00 0.01
B8AEBG4U3 NEW Generation Gas Gathering Llc — 3.66 09/30/2029 56,756 55,904.00 0.01
B8AEMK0Z5 Radiate Holdco Llc — — 06/26/2029 42,500 42,181.00 0.01
BL4985638 Cablevision Lightpath CVLGHT 7.03 11/30/2027 24,620 24,614.00 0.01
428040DA4 Hertz Corp/the HTZ 4.63 12/01/2026 61,000 58,302.00 0.01
278768AA4 Echostar Corp SATS 6.75 11/30/2030 58,413 59,855.00 0.01
29272WAD1 Energizer Holdings Inc ENR 4.38 03/31/2029 50,000 47,820.00 0.01
25470MAG4 DISH Network Corp DISH 11.75 11/15/2027 25,000 26,015.00 0.01
25470XBB0 DISH Dbs Corp DISH 7.38 07/01/2028 25,000 24,125.00 0.01
25470XBD6 DISH Dbs Corp DISH 5.13 06/01/2029 40,000 35,544.00 0.01
18972EAC9 Clydesdale Acquisition Holdings Inc NOVHOL 6.88 01/15/2030 50,000 51,509.00 0.01
18453HAG1 Clear Channel Outdoor Holdings Inc CCO 7.13 02/15/2031 50,000 52,330.00 0.01
172967QJ3 Citigroup Inc C 6.63 05/15/2174 45,000 45,618.00 0.01
11283YAB6 Brookfield Residential Properties Inc / BRPCN 6.25 09/15/2027 40,000 39,955.00 0.01
70932MAD9 Pennymac Financial Services Inc PFSI 7.88 12/15/2029 50,000 53,253.00 0.01
071734AK3 Bausch Health Cos Inc BHCCN 6.25 02/15/2029 25,000 20,000.00 0.00
00191AAD8 ARD Finance Sa ARDFIN 6.50 06/30/2027 1 0 0.00
25381HAD0 Digicel Group Holdings Ltd DLLTD — 12/31/2030 513,203 51 0.00
25381HAM0 Digicel Group Holdings Ltd DLLTD — 12/31/2030 34,470 0 0.00
BLFHRK1 Venator Materials Plc VNTRF — — 2,297 0 0.00
JDINBAF486 Gbp/usd Fwd 20260109 00187 GBP — 01/09/2026 107,296 2,892.00 0.00
USH6 COMDT US Long Bond(cbt) Mar26 USH6 — 03/20/2026 1,040,344 -6,402.00 0.00
WNH6 COMDT US Ultra Bond Cbt Mar26 WNH6 — 03/20/2026 -944,000 14,698.00 0.00
SWB8AEM2V7 Cdx.na.hy.45.v1 5yr Rtp @ 102.5000 — — 01/21/2026 -2,830,000 -591 0.00
TUH6 COMDT US 2yr Note (cbt) Mar26 TUH6 — 03/31/2026 36,538,086 13,169.00 0.00
BL3572783 First Brands Group Llc TRICGR 13.07 03/30/2028 1,743,298 2,109.00 0.00
BL3754621 LABL Inc LABL 8.94 10/29/2028 24,935 15,704.00 0.00
BL4454486 Venator Finance Sarl VNTR 5.94 10/12/2028 775,902 15,518.00 0.00
B8AE1JR66 Mitel Networks Intl Lt — — — 304 152 0.00
B8AC2XW54 Heritage Pwr Llc — — — 35,061 17,530.00 0.00
B8AD73HC5 Xplornet - Contingent Value Rights — — — 4,100 0 0.00
B8AD9KJQ2 Diamond Sports Grp Llc- Warrants — — — 120,837 1 0.00
N449VIM6NE Gbp/usd Fwd 20260109 Citius33 GBP — 01/09/2026 -994,646 -38,519.00 -0.01
R4JPFLEK42 Eur/usd Fwd 20260109 Mslngb2x EUR — 01/09/2026 -2,120,909 -44,236.00 -0.01
FVH6 COMDT US 5yr Note (cbt) Mar26 FVH6 — 03/31/2026 28,309,914 -66,408.00 -0.01
TYH6 COMDT US 10yr Note (cbt)mar26 TYH6 — 03/20/2026 19,451,688 -88,742.00 -0.02

The CUSIP information contained in pgimfunds.com and/or prudential.com consists of security identifiers and related descriptive information (“the CUSIP Database”) and is protected under the copyright laws and is licensed with permission from CUSIP Global Services (“CGS”), on behalf of the American Bankers Association (“ABA”).

VISITOR agrees and acknowledges that the CUSIP Database and the information contained therein is and shall remain valuable intellectual property owned by, or licensed to, CGS and ABA, and that no proprietary rights are being transferred to VISITOR in such materials or in any of the information contained therein by virtue of VISITOR’s use of Subscriber’s Web Site. Any use of the CUSIP Database by VISITOR outside of the clearing and settlement of transactions may require a license from CGS, along with an associated fee based on usage.

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ABOUT

PGIM Fixed Income, with $906 billion in assets under management as of September 30, 2025, is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, N.J., London, Tokyo and Singapore. At PGIM Fixed Income we believe that research-driven security selection is the most consistent strategy for adding value to client portfolios. The firm complements that base strategy with active sector rotation, duration management, and superior trade execution. Risk budgeting is central to this approach. PGIM Limited is also a subadvisor on this fund. PGIM Limited is an indirect, wholly-owned subsidiary of PGIM, Inc. (“PGIM”), the principal asset management business of Prudential Financial, Inc. (“PFI”), a company incorporated and with its principal place of business in the United States.

Robert Cignarella, Robert Spano, Brian Clapp, Michael Gormally, and Brian Lalli of PGIM Fixed Income are primarily responsible for management of the PGIM High Yield Bond Fund, Inc.

Brian Clapp
Brian Clapp

Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Team

Brian Clapp, CFA, is a Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Team.

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Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.

Market Price is the closing price of a closed-end fund as of the latest trading day on the New York Stock Exchange. NAV (Net Asset Value) is total assets less total liabilities divided by the number of shares outstanding. Premium/Discount is the percent difference between the Market price and the NAV. There is no guarantee you will receive the stated Premium/Discount and additional fees may result from individual broker fees and transaction costs in the secondary market. Distribution Rate is calculated by annualizing the amount of the most recent distribution paid, excluding special distributions, divided by the previous trading days closing market price or NAV. As of 6/30/2025, the Fund estimates that the most recent distribution will be paid from: 69% investment income; 0% net realized currency gains; 0% net realized capital gains; and 31% return of capital. The Distribution Rate is subject to change and is not a quotation of Fund performance. For more information about a distributions composition, refer to the distribution press release or section 19 notices located above. Please consult your tax advisor for further information. Investable Assets are the net assets attributable to the outstanding common stock of the Fund plus the liquidation preference of any outstanding preferred stock issued by the Fund, the principal amount of any borrowings, and the principal on any debt securities issued by the Fund. Average Maturity is the average number of years to maturity of the Funds bonds. Leverage Adjusted Duration measures investment risk that takes into account both a bonds interest payments and its value to maturity. Credit Quality is calculated using the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moodys, S&P, or Fitch. The not rated category consists of securities that have not been rated by an NRSRO. Due to data availability, statistics may not be as of the current reporting period. Expenses based on the most recent publicity available reports. See the Fund's Annual Report for full information on expenses. All data is unaudited and subject to change.

Source: PGIM, Inc. (PGIM). PGIM is a Prudential Financial company.

Closed end investing involves risk. Some closed end funds have more risk than others. The investment return and principal value will fluctuate and investor's shares when sold may be worth more or less than the original cost. Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise. Asset allocation and diversification do not assure a profit or protect against loss in declining markets. There is no guarantee a Fund's objectives will be achieved. The risks associated with each fund are explained more fully in each fund's respective prospectus. Consult with your attorney, accountant, and/or tax professional for advice concerning your particular situation.

Shares of each closed end fund are bought and sold through non-affiliated broker-dealers and trade on nationally recognized stock exchanges.

Investment products are distributed by Prudential Investment Management Services LLC, member FINRA and SIPC. PGIM Investments is a registered investment advisor and investment manager to PGIM registered investment companies. PGIM Fixed Income is a unit of PGIM, a registered investment advisor. PGIM Limited acts as a subadvisor to all fixed income funds. PGIM Limited is an indirect, wholly owned subsidiary of PGIM, Inc. (PGIM), the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. All are Prudential Financial affiliates. © 2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Fixed Income, PGIM Limited, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.

Investment Products are not insured by the FDIC or any federal government agency, are not a deposit of or guaranteed by any bank or any bank affiliate, and may lose value.

Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

4341794   Ed. 03/2025

Fund Literature

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MRU Number : 4830558