PGIM Credit Income Fund (Interval Fund) (PGIWX)
$
)
Seeks total return, through a combination of current income and capital appreciation.
FUND INFORMATION
Fund Statistics
|
Name
|
Weight
|
|---|---|
| Average Maturity (years) | 9.5 |
| Duration (years) | 2.6 |
Investing in the PGIM Credit Income Fund (the “Fund”) involves risks, including the risk that a shareholder may receive little or no return on his or her investment or that a shareholder may lose part or all of his or her investment. The Fund should be considered a speculative investment that entails substantial risks, and a prospective investor should invest in the Fund only if they can sustain a complete loss of their investment. Below is a summary of some of the principal risks of investing in the Fund:
- No History of Operations, as the Fund is a recently organized, diversified, closed-end management investment company with no history of operations or public trading and is subject to all of the business risks and uncertainties associated with any new business;
- General, Market and Economic Risks which involves certain risks and the Fund may not be able to achieve its intended results for a variety of reasons, including, among others, the possibility that the Fund may not be able to successfully implement its investment strategy because of market, economic, regulatory, geopolitical and other conditions (including those associated with COVID-19 or other infectious disease outbreaks);
- Repurchase Offers Risk in which the Fund is an “interval fund” and, in order to provide liquidity to shareholders, the Fund, subject to applicable law, will conduct quarterly repurchase offers of the Fund’s outstanding common shares of beneficial interest (“Common Shares”) at NAV. There is no secondary market for the fund’s shares and none is expected to develop. Investors should consider shares of the fund to be an illiquid investment;
- Illiquid Investment Risk, to the extent consistent with the applicable liquidity requirements for interval funds under Rule 23c-3 of the Investment Company Act of 1940 (the “1940 Act”), the Fund may invest without limit in illiquid securities;
- Distributions Risk, as there can be no assurance that the Fund will achieve investment results that will allow the Fund to make a specified level of cash distributions or maintain certain levels of cash distributions. Distributions may constitute return of capital and may reduce an investor's adjusted tax basis. Any capital returned through distributions will be distributed after payment of fees and expenses;
- Liquidity Risk, as the Fund is designed primarily for long-term investors and an investment in the Fund's Common Shares should be considered illiquid;
- Valuation Risk, as the value of certain of the Fund's investments will be difficult to determine and the valuation determinations made by the Manager and Subadviser with respect to such investments will likely vary from the amounts the Fund would receive upon sale or disposition of such investments;
- Loans Risk, since the Fund’s ability to receive payments of principal and interest and other amounts in connection with loans (whether through participations, assignments or otherwise) will depend primarily on the financial condition of the borrower;
- Loan Origination Risk, as the level of analytical sophistication, both financial and legal, necessary for successful financing to companies, particularly companies experiencing significant business and financial difficulties, is high;
- Mortgage-Backed and Asset-Backed Securities Risk, as mortgage-backed securities are particularly susceptible to prepayment and extension risks, because prepayments on the underlying mortgages tend to increase when interest rates fall and decrease when interest rates rise;
- Structured Products Risk, as holders of structured product securities bear risks of the underlying investments, index or reference obligation;
- Fixed Income Instruments Risk, as fixed income instruments are subject to a number of risks, including issuer risk, interest rate risk, floating-rate and fixed-to-floating-rate risk, prepayment risk, extension risk, reinvestment risk, spread riskand credit risk
- Distressed and Defaulted Obligations Risk, as the below investment grade securities in which the Fund may invest also include, distressed, defaulted and partially defaulted loans.
- Below Investment Grade (High Yield or Junk Bond) Instruments Risk, as the Fund’s investments in below investment grade quality securities and instruments are regarded as having predominantly speculative characteristics with respect to the issuer’s capacity to pay interest and repay principal in accordance with the terms of the obligations and involve major risk exposure to adverse conditions;
- Subprime Risk, as loans and debt instruments collateralized by loans acquired by the Fund may be, or may become, subprime in quality.
- Inflation Risk, as wages and prices of inputs increasing during periods of inflation may negatively impact returns on the Fund's investments.
- Derivatives Risk, as the Fund may invest in derivative instruments, such as options contracts, futures contracts, options on futures contracts, indexed securities, credit linked notes, credit default swaps and other swap agreements for investment, hedging and risk management purposes;
- Leverage Risk, as the Fund may utilize leverage, but there can be no assurance that the Fund will do so, or that, if utilized, it will be successful during any period in which it is employed. Leverage is a speculative technique that exposes the Fund to greater risk and higher costs than if it were not implemented;
- Allocation of Investment Opportunities Risk, since certain other existing or future funds, investment vehicles and accounts managed by the Manager and its affiliates and PGIM affiliated proprietary entities invest in securities, properties and other assets in which the Fund may seek to invest;
- "Covenant-Lite" Risk, as some of the debt obligations, loans or other securities in which the Fund may invest or get exposure to may be "covenant-lite", which means the loans or obligations containe fewer financial maintenance covenants than other loans or obligations (in some cases, none).
- Repurchase Agreement Risk, as repurchase agreements could involve certain risk in the event of default or insolvency of the seller, including losses and possible delays or restrictions upon the Fund's ability to dispose of the underlying securities.
- U.S. Government and Agency Securities Risk, as U.S. Government and agency securities are subject to market risk, interest rate risk and credit risk. Not all U.S. Government securities are insured or guaranteed by the full faith and credit of the U.S. Government; some are only insured or guaranteed by the issuing agency, which must rely on its own resources to repay the debt.
- Privately Issued Mortgage-Related Securities Risk, as there are no direct or indirect government or agency guarantees of payments in pools created by non-governmental issuers. Privately issued mortgage-related securities are also not subject to the same underwriting requirements for the underlying mortgages that are applicable to those mortgage-related securities that have a government or government-sponsored entity guarantee.
- Senior Debt Risk, as the restrictions on transfers in loan agreements, a lack of publicly available information and other factors may, in certain instances, make senior debt in which the Fund may invest more difficult to sell at an advantageous time or price than other types of securities or instruments.
- Confidential Information Access Risk, as the Fund's subadviser may from time to time have the opportunity to receive material, non-public information about the issuers of certain investments, including, without limitation, senior floating rate loans, other loans and related investments being considered for acquisition by the Fund or held in the Fund’s portfolio.
- Private Placements Risk, as any securities received by the Fund in a private placement generally are subject to strict restrictions on resale, and there may be no liquid secondary market or ready purchaser for such securities.
- Non-U.S. Investment Risks, as the Fund may invest in non-U.S. investments, which may include investments denominated in U.S. dollars or in non-U.S. currencies, to the extent permitted by the 1940 Act.
Diversification does not assure a profit or protect against loss in declining markets. These risks may increase the Fund’s share price volatility. The risks associated with the Fund are more fully explained in the prospectus. There is no guarantee the Fund’s investment objective will be achieved.
- Monthly & Quarterly Performance
- Prices & Yields
Total Returns (%)
| TOTAL RETURNS (%) WITH SALES CHARGE WITHOUT SALES CHARGE | |||||||
|---|---|---|---|---|---|---|---|
| Cumulative | Average Annual | ||||||
| Class | Ticker | 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.
See Daily Returns for the PGIM Credit Income Fund.
See Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Credit Income Fund.
See Daily Returns for the PGIM Credit Income Fund.
See Quarterly SEC Standardized Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Credit Income Fund.
|
Fund Expenses
|
Maximum sales charge (%)
|
|||
|---|---|---|---|---|
|
Class
|
Gross (%)
|
Net (%)
|
Date*
|
|
| A | 584.43 | 3.79 | 12/06/2026 | 2.5% |
| C | 530.87 | 4.04 | 12/06/2026 | — |
| Z | 3.05 | 3.04 | 12/06/2026 | — |
*This date represents the contractual reduction date through which the net expense ratio is in effect.
Total return describes the return to the investor after net operating expenses but before any sales charges are imposed. Morningstar Category Average is unmanaged, is based on the average return of all funds in this category, and does not take into consideration applicable sales charges. Unless noted otherwise, Morningstar Category Average and index returns reflect performance beginning the closest month-end date to the Fund's inception. Benchmark since inception average is based on Class Z inception date. SEC standardized return describes the return to the investor after net operating expense and maximum sales charges are imposed. All returns assume share price changes as well as the compounding effect of reinvested dividends and capital gains. Returns may reflect fee waivers and/or expense reimbursements. Without such, returns would be lower. All returns 1-year or less are cumulative.
Morningstar Private Debt - General Category Average: Private debt - general funds are debt funds that have at least 15% of their assets in illiquid securities, with a focus on debt that has been extended to private companies. Funds holding a variety of types of debt can reside here, including mezzanine, real estate, distressed, infrastructure, venture debt, leveraged loans, collateralized loan obligations, and direct lending, and others. However, funds that primarily focus on direct lending are classified elsewhere in a dedicated category.
An investment cannot be made directly in an index or average. All indexes and averages are unmanaged.
Prices
|
Class
|
NAV ($)
|
NAV Change ($)
|
NAV Change (%)
|
POP ($)
|
Total Net Assets ($)
|
|---|---|---|---|---|---|
| A | 24.45 |
+0.04
|
0.16 | 25.21 | 10,233.30 |
| C | 24.52 |
+0.04
|
0.16 | — | 10,222.27 |
| Z | 24.55 |
+0.04
|
0.16 | — | 111,275,318.49 |
NAV (Net Asset Value) is the $U.S. value of a single share of a fund, excluding any sales charges. Change shows the change in $U.S. value over the previous day:
= Gain, 
= Loss, 
= No Change.
See Prices of other PGIM Investments Mutual Funds.
52 Week High/Low
|
Class
|
52 Week High ($)
|
52 Week High Date
|
52 Week Low ($)
|
52 Week Low Date
|
|---|---|---|---|---|
| A | 25.03 | 09/15/2025 | 23.92 | 04/09/2025 |
| C | 25.10 | 09/15/2025 | 23.98 | 04/09/2025 |
| Z | 25.13 | 08/28/2025 | 24.00 | 04/09/2025 |
For share classes less than one year old, the 52-week high and 52-week low NAVs are calculated from inception to the current date.
See Yields of other PGIM Investments Mutual Funds.
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.
- Portfolio Summary
- Complete Holdings
Portfolio Attributes
Credit Quality (% of Assets)
|
Credit Quality
|
% of Assets
|
|---|---|
| AAA | 0.3% |
| AA | 2.2% |
| A | 5.7% |
| BBB | 23.0% |
| BB | 37.7% |
| B | 36.0% |
| CCC | 2.8% |
| Not Rated | 18.0% |
| Cash/Equiv | -25.6% |
Sector Breakdown (% of Assets)
|
Sector Breakdown
|
% of Assets
|
|---|---|
| Bank Loans | 29.7% |
| Securitized Products | 39.8% |
| Commercial MBS | 15.9% |
| CLO | 11.9% |
| Private ABF | 9.3% |
| Non Agency MBS | 1.6% |
| Other ABS | 1.1% |
| High Yield | 30.2% |
| Direct Lending | 12.4% |
| Emerging Markets | 7.7% |
| Investment Grade Corporate | 5.5% |
| U.S. Govt Related | 0.3% |
| Cash and Equivalents | -25.6% |
Fund Statistics
| Average Maturity (years) | 9.5 |
|---|---|
| Duration (years) | 2.6 |
All data is unaudited and subject to change. Holdings/allocations may vary. Total number of holdings based on issuers. Largest holdings excludes cash, cash equivalents, money market funds and enhanced cash strategies. 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. Negative holdings reflect outstanding trades at period end.
Fund Holdings
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.
© 2026, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved.
PGIM Fixed Income is a unit of PGIM, Inc., 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. PGIM is the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates.
4072323 Ed. 12/2024
|
Security ID# (CUSIP/SEDOL)
|
Security Description
|
Ticker Symbol
|
Coupon Rate
|
Maturity Date
|
Shares/Notional
|
Value ($)
|
% of Portfolio
|
|---|---|---|---|---|---|---|---|
| 74440E201 | PGIM Core Ultra Short Bond Fund | — | 3.84 | 12/01/2099 | 5,145,964.00 | 5,145,963.00 | 4.37 |
| 92840MAC6 | Vistra Corp | VST | 7.0 | 06/15/2174 | 2,300,000.00 | 2,331,028.00 | 1.98 |
| 629377CU4 | NRG Energy Inc | NRG | 10.25 | 09/15/2174 | 1,800,000.00 | 1,985,451.00 | 1.69 |
| B8AC6L2G5 | Hurricane Cleanco Limited | — | 6.25 | 10/31/2029 | 1,362,866.00 | 1,930,336.00 | 1.64 |
| XS28110889 | Monument Clo 1 Dac | MNMNT | 6.33 | 05/15/2037 | 1,500,000.00 | 1,783,129.00 | 1.51 |
| XS26150064 | Monitchem Holdco 3 Sa | CABBCO | 8.75 | 05/01/2028 | 1,445,000.00 | 1,722,266.00 | 1.46 |
| 69391NAA9 | PMT Credit Risk Transfer Trust 2024-2r | PMTCR | 7.02 | 03/29/2027 | 1,702,103.00 | 1,716,207.00 | 1.46 |
| 73015AAA5 | PMT Credit Risk Transfer Trust 2024-1r | PMTCR | 7.17 | 05/25/2033 | 1,680,709.00 | 1,696,153.00 | 1.44 |
| 076912AA2 | Beignet Investor Llc | RPLDCI | 6.58 | 05/30/2049 | 1,599,000.00 | 1,698,076.00 | 1.44 |
| 25470MAG4 | DISH Network Corp | DISH | 11.75 | 11/15/2027 | 1,525,000.00 | 1,575,140.00 | 1.34 |
| 98877JAG7 | Z CApital Credit Partners Clo 2024-1 Ltd | ZBSL | 7.32 | 04/16/2036 | 1,500,000.00 | 1,502,938.00 | 1.28 |
| 223929AJ9 | CQS Us Clo 2023-3 Ltd | CQS | 7.87 | 01/25/2037 | 1,500,000.00 | 1,500,577.00 | 1.27 |
| XS27199989 | EG Global Finance Plc | EGBLFN | 11.0 | 11/30/2028 | 1,085,000.00 | 1,373,829.00 | 1.17 |
| 36267QAA2 | CLUE Opco Llc | FWRD | 9.5 | 10/15/2031 | 1,263,000.00 | 1,309,819.00 | 1.11 |
| 95003EAE6 | Wells Fargo Commercial Mortgage Trust 20 | WFCM | 6.17 | 05/15/2031 | 1,300,000.00 | 1,298,665.00 | 1.10 |
| B8ADKYD51 | Constellation Automotive Grp Ltd | — | 8.37 | 02/28/2031 | 1,000,000.00 | 1,202,278.00 | 1.02 |
| XS29045637 | Hayfin Emerald Clo V Dac | HAYEM | 6.14 | 11/17/2037 | 1,000,000.00 | 1,183,445.00 | 1.00 |
| XS32917821 | Nassau Euro Clo Iv Dac | NGCE | 4.88 | 07/20/2038 | 1,000,000.00 | 1,177,888.00 | 1.00 |
| B8ADKY7N9 | Voodoo Sas | — | 7.02 | 02/28/2030 | 1,000,000.00 | 1,163,876.00 | 0.99 |
| B8AELEUB0 | Nomura Sub Msr Participation | — | 3.67 | 06/27/2027 | 1,143,000.00 | 1,143,000.00 | 0.97 |
| B8AEVFY97 | Wedgwood Specialty Pharma Iii | — | 8.44 | 12/31/2032 | 1,107,143.00 | 1,090,535.00 | 0.93 |
| B8AEZN3A7 | QXO Inc | — | 4.75 | 12/31/2079 | 1,090,000.00 | 1,090,000.00 | 0.93 |
| BKLXG54 | Virgin Media Secured Finance Plc | VMED | 4.25 | 01/15/2030 | 875,000.00 | 1,082,322.00 | 0.92 |
| 04940AAL6 | Atlas Senior Loan Fund Ltd | ATCLO | 7.63 | 01/20/2034 | 1,100,000.00 | 1,081,774.00 | 0.92 |
| 12769GAA8 | Caesars Entertainment Inc | CZR | 4.63 | 10/15/2029 | 1,100,000.00 | 1,075,365.00 | 0.91 |
| 74970WAJ9 | ROCK Trust 2024-cntr | ROCC | 8.82 | 11/13/2041 | 1,000,000.00 | 1,070,175.00 | 0.91 |
| 552953CH2 | MGM Resorts International | MGM | 4.75 | 10/15/2028 | 1,075,000.00 | 1,075,375.00 | 0.91 |
| 443628AH5 | Hudbay Minerals Inc | HBMCN | 6.13 | 04/01/2029 | 1,050,000.00 | 1,056,079.00 | 0.90 |
| 92987LAL1 | Wharf Commercial Mortgage Trust 2025-dc | WHARF | 7.98 | 07/01/2040 | 1,000,000.00 | 1,028,317.00 | 0.87 |
| 37186XAY1 | Genesis Sales Finance Master Trust | GSFMT | 6.26 | 12/20/2032 | 1,000,000.00 | 1,011,624.00 | 0.86 |
| XS30533663 | Taurus 2025-3 Uk Designated Activity Co | TAURS | 7.73 | 07/20/2035 | 750,000.00 | 1,015,152.00 | 0.86 |
| BL5098621 | Brookfield Ppty Ret Hld | BPYU | 7.17 | 05/28/2030 | 995,000.00 | 996,422.00 | 0.85 |
| 38144GAG6 | Goldman Sachs Group Inc/the | GS | 3.65 | 02/10/2173 | 1,000,000.00 | 995,838.00 | 0.85 |
| 48255UAS3 | KKR Clo 43 Ltd | KKR | 8.62 | 01/15/2036 | 1,000,000.00 | 997,931.00 | 0.85 |
| 67118VAJ8 | OFSI Bsl Xiii Clo Ltd | OFSBS | 8.17 | 04/20/2037 | 1,000,000.00 | 998,760.00 | 0.85 |
| 67120UAN7 | NYC Commercial Mortgage Trust 2025-3bp | NYC | 7.2 | 02/15/2042 | 1,000,000.00 | 1,006,790.00 | 0.85 |
| 05613UAJ0 | BX Trust 2025-dime | BX | 6.66 | 02/15/2030 | 1,000,000.00 | 998,749.00 | 0.85 |
| 06875VAJ9 | Barrow Hanley Clo Iii Ltd | BARHN | 7.82 | 04/20/2037 | 1,000,000.00 | 1,002,113.00 | 0.85 |
| 12433NAJ0 | BX Commercial Mortgage Trust 2026-xl6 | BX | 6.67 | 03/15/2043 | 1,000,000.00 | 1,003,134.00 | 0.85 |
| B8AEN6KT7 | Branford | — | 3.67 | 06/25/2031 | 1,000,000.00 | 1,000,000.00 | 0.85 |
| 67115PBN4 | OFSI Bsl Xi Ltd | OFSBS | 7.38 | 03/31/2038 | 1,000,000.00 | 987,163.00 | 0.84 |
| 28623MBA6 | Elevation Clo 2021-12 Ltd | AWPT | 9.03 | 04/20/2037 | 1,000,000.00 | 970,000.00 | 0.82 |
| 12433HAJ3 | BX Commercial Mortgage Trust 2025-bcat | BX | 7.16 | 08/15/2042 | 958,285.00 | 955,325.00 | 0.81 |
| 66858HBG0 | Northwoods Capital 22 Ltd | WOODS | 8.66 | 09/16/2031 | 950,000.00 | 950,000.00 | 0.81 |
| 123912AJ6 | BX Trust 2025-tail | BX | 6.96 | 06/15/2035 | 940,000.00 | 939,418.00 | 0.80 |
| 05555HAN0 | BFLD 2024-wrhs Mortgage Trust | BFLD | 7.35 | 07/15/2039 | 926,997.00 | 928,155.00 | 0.79 |
| B8AE093V0 | Parfums De Marly | — | — | 09/01/2028 | 935,000.00 | 935,000.00 | 0.79 |
| 978097AG8 | Wolverine World Wide Inc | WWW | 4.0 | 08/15/2029 | 975,000.00 | 920,137.00 | 0.78 |
| 23918KAT5 | Davita Inc | DVA | 3.75 | 02/15/2031 | 975,000.00 | 910,788.00 | 0.77 |
| 05594LAJ3 | BX Commercial Mortgage Trust 2025-jdi | BX | 7.06 | 11/15/2042 | 889,203.00 | 891,425.00 | 0.76 |
| 12433CAG0 | BX Commercial Mortgage Trust 2024-airc | BX | 6.75 | 08/15/2039 | 867,251.00 | 869,132.00 | 0.74 |
| 109641AK6 | Brinker International Inc | EAT | 8.25 | 07/15/2030 | 825,000.00 | 868,871.00 | 0.74 |
| 880349AU9 | Tenneco Inc | TENINC | 8.0 | 11/17/2028 | 875,000.00 | 875,005.00 | 0.74 |
| B8AESWF79 | Lindstrom Llc | — | — | 12/31/2032 | 871,383.00 | 858,311.00 | 0.73 |
| B8AEWP2F5 | International Schools Partnership | — | — | 07/06/2031 | 857,919.00 | 853,629.00 | 0.72 |
| B8ADVZ4C1 | Denali Intermediate Hldg Inc | — | 9.17 | 05/31/2032 | 848,345.00 | 847,284.00 | 0.72 |
| 845467AT6 | Expand Energy Corp | EXE | 4.75 | 02/01/2032 | 850,000.00 | 848,723.00 | 0.72 |
| 89116CKP1 | Toronto-dominion Bank/the | TD | 7.25 | 07/31/2084 | 785,000.00 | 820,325.00 | 0.70 |
| 431318BC7 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 8.38 | 11/01/2033 | 750,000.00 | 790,623.00 | 0.67 |
| BW5YXJ0 | EG Global Finance Plc | EGBLFN | 11.0 | 11/30/2028 | 625,000.00 | 793,230.00 | 0.67 |
| 12433EAN1 | BX Trust 2022-lba6 | BX | 6.36 | 01/15/2039 | 750,000.00 | 749,765.00 | 0.64 |
| 780082AY9 | Royal Bank Of Canada | RY | 6.5 | 11/24/2085 | 750,000.00 | 747,187.00 | 0.63 |
| 05593VAN3 | BX Trust 2025-roic | BX | 6.6 | 03/15/2030 | 732,012.00 | 732,011.00 | 0.62 |
| BL0HM90 | Ivory Coast Government International Bon | IVYCST | 5.88 | 10/17/2031 | 600,000.00 | 723,139.00 | 0.61 |
| BRCD5D3 | Grifols Sa | GRFSM | 7.13 | 05/01/2030 | 580,000.00 | 715,479.00 | 0.61 |
| XS29305389 | LUGO Funding Dac | LUGO | 4.04 | 05/26/2066 | 600,000.00 | 695,052.00 | 0.59 |
| 05555VAC3 | BFLD Trust | BFLD | 6.25 | 07/15/2041 | 700,000.00 | 700,437.00 | 0.59 |
| 983133AA7 | WYNN Resorts Finance Llc / Wynn Resorts | WYNFIN | 5.13 | 10/01/2029 | 675,000.00 | 679,955.00 | 0.58 |
| XS31715606 | PRPM Fundido 2025-2 Dac | FUNDD | 4.57 | 01/29/2075 | 600,000.00 | 682,580.00 | 0.58 |
| B8AESWHL6 | Minerva Bidco Limited | — | — | 11/30/2032 | 500,000.00 | 673,825.00 | 0.57 |
| BL5270121 | ROOT Bidco Sarl | EURCRO | 7.02 | 09/27/2030 | 525,000.00 | 614,998.00 | 0.52 |
| 08163XAC7 | Benchmark 2024-v5 Mortgage Trust | BMARK | 2.97 | 01/01/2057 | 8,000,000.00 | 595,984.00 | 0.51 |
| 221625AV8 | Ivory Coast Government International Bon | IVYCST | 8.08 | 04/01/2036 | 550,000.00 | 592,977.00 | 0.50 |
| B8ADAMRM6 | International Park Hldgs Bv | — | 7.37 | 12/31/2031 | 500,000.00 | 586,369.00 | 0.50 |
| B8ADRJ0H5 | Clubcorp Holdings Inc | — | 8.67 | 04/30/2032 | 587,303.00 | 581,429.00 | 0.49 |
| B8ACXJ742 | Dukes Education Group Ltd | — | 8.06 | 11/25/2028 | 427,203.00 | 575,720.00 | 0.49 |
| B8AEKNLW5 | Aptive Environmental Llc | — | 8.42 | 10/31/2032 | 583,214.00 | 582,338.00 | 0.49 |
| 210385AG5 | Constellation Energy Generation Llc | CEG | 4.63 | 02/01/2029 | 575,000.00 | 574,902.00 | 0.49 |
| B8AEN8446 | AREP Va Data Center | — | — | 07/30/2028 | 575,201.00 | 570,111.00 | 0.48 |
| BL5359106 | Voyager Parent Llc | EVRI | 7.91 | 07/01/2032 | 573,563.00 | 570,964.00 | 0.48 |
| BL5184058 | Allied Universal Holdco | UNSEAM | 6.92 | 08/20/2032 | 548,625.00 | 548,284.00 | 0.47 |
| 44267DAE7 | Howard Hughes Corp/the | HHH | 4.13 | 02/01/2029 | 575,000.00 | 556,879.00 | 0.47 |
| 09660QAA2 | BMO 2024-5c3 Xd | BMO | 2.86 | 02/01/2057 | 7,250,000.00 | 532,455.00 | 0.45 |
| BL5450301 | Hudson River Trading Llc | HURVTR | 6.17 | 03/18/2030 | 540,537.00 | 533,553.00 | 0.45 |
| BV4FWL2 | Vedanta Resources Finance Ii Plc | VEDLN | 9.13 | 10/15/2032 | 500,000.00 | 517,410.00 | 0.44 |
| 081927AH8 | Benchmark 2024-v6 Mortgage Trust | BMARK | 3.26 | 03/01/2057 | 6,000,000.00 | 520,832.00 | 0.44 |
| 59170JBB3 | Metronet Infrastructure Issuer Llc | MNET | 7.83 | 08/20/2055 | 500,000.00 | 516,341.00 | 0.44 |
| 603051AE3 | Mineral Resources Ltd | MINAU | 9.25 | 10/01/2028 | 500,000.00 | 523,595.00 | 0.44 |
| 91825HAE4 | Vb-s1 Issuer Llc | VBTEL | 6.84 | 03/15/2056 | 500,000.00 | 511,941.00 | 0.43 |
| 1248EPCK7 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 4.25 | 02/01/2031 | 548,000.00 | 510,644.00 | 0.43 |
| 21979LAB2 | Coronado Finance Pty Ltd | CRNAU | 9.25 | 10/01/2029 | 550,000.00 | 509,437.00 | 0.43 |
| B8ADWV215 | J&J Ventures Gaming Llc | — | 8.67 | 04/26/2030 | 500,000.00 | 497,500.00 | 0.42 |
| 172967PK1 | Citigroup Inc | C | 7.13 | 11/15/2173 | 470,000.00 | 485,494.00 | 0.41 |
| BL5118916 | Bingo Holdings I Llc | AGS | 8.42 | 06/30/2032 | 498,750.00 | 486,281.00 | 0.41 |
| CURRENCY | Currency | — | — | — | 337,768.00 | 471,426.00 | 0.40 |
| 579063AB4 | Mcafee Corp | MCFE | 7.38 | 02/15/2030 | 575,000.00 | 470,417.00 | 0.40 |
| 12433FAG3 | BX Commercial Mortgage Trust 2025-spot | BX | 6.15 | 04/15/2040 | 453,321.00 | 454,454.00 | 0.39 |
| 12433FAJ7 | BX Commercial Mortgage Trust 2025-spot | BX | 7.35 | 04/15/2040 | 453,321.00 | 455,587.00 | 0.39 |
| XS31869441 | Clavel Residential 4 Dac | CLAVE | 4.54 | 10/28/2066 | 400,000.00 | 456,667.00 | 0.39 |
| BL5395290 | Upstream Newco Inc | UPSREH | 8.18 | 11/20/2029 | 496,796.00 | 457,743.00 | 0.39 |
| 039955AJ8 | ARES Trust 2025-ind3 | ARES1 | 6.21 | 04/15/2027 | 450,000.00 | 450,113.00 | 0.38 |
| BL4752996 | Paint Intermediate Iii | PAIIII | 6.67 | 10/09/2031 | 449,250.00 | 447,938.00 | 0.38 |
| BF2D3D5 | Eskom Holdings | ESKOM | 8.45 | 08/10/2028 | 404,000.00 | 433,164.00 | 0.37 |
| BL5473485 | Azuria Water Solutions Inc | AEGN | 2.75 | 01/27/2033 | 441,176.00 | 434,836.00 | 0.37 |
| BL4949832 | Clarios Global Lp | POWSOL | 6.42 | 01/28/2032 | 423,938.00 | 422,525.00 | 0.36 |
| B8ADQ6J27 | Doncasters Us Fin Llc | — | — | 04/01/2030 | 420,000.00 | 422,448.00 | 0.36 |
| 335934AX3 | First Quantum Minerals Ltd | FMCN | 7.25 | 02/15/2034 | 405,000.00 | 423,760.00 | 0.36 |
| 57779EAA6 | Maxim Crane Works Holdings Capital Llc | CLDCRN | 11.5 | 09/01/2028 | 400,000.00 | 423,311.00 | 0.36 |
| 98313RAH9 | WYNN Macau Ltd | WYNMAC | 5.63 | 08/26/2028 | 425,000.00 | 424,392.00 | 0.36 |
| 20753PAD3 | Connect Holding Ii Llc | BSPEED | 10.5 | 04/03/2031 | 425,000.00 | 411,140.00 | 0.35 |
| BL5427358 | Amneal Pharmaceuticals Llc | AMNPHA | 6.67 | 08/01/2032 | 399,000.00 | 398,832.00 | 0.34 |
| BL5557287 | Proampac Pg Borrower Llc | PROLAM | 4.0 | 02/22/2033 | 400,000.00 | 394,500.00 | 0.33 |
| BMW62K3 | Colombia Government International Bond | COLOM | 3.75 | 09/19/2028 | 330,000.00 | 386,820.00 | 0.33 |
| BL4978666 | Genesys Cloud Services | GCTI | 6.17 | 01/30/2032 | 420,628.00 | 385,926.00 | 0.33 |
| BL4803666 | Qualitytech Lp | QTS | 7.17 | 11/04/2031 | 397,000.00 | 393,526.00 | 0.33 |
| BL5546215 | Adtalem Global Education Inc | ATGE | 3.0 | 02/04/2033 | 375,000.00 | 374,062.00 | 0.32 |
| USP9190PAM | Total Play Telecomunicaciones Sa De Cv | TOTALP | 11.13 | 12/31/2032 | 400,000.00 | 378,310.00 | 0.32 |
| BL5316601 | Gategroup Us Finance Inc | GATESW | 7.19 | 06/10/2032 | 373,375.00 | 373,531.00 | 0.32 |
| BL5173432 | Savage Enterprises Llc | SAVENT | 6.17 | 08/05/2032 | 373,125.00 | 372,251.00 | 0.32 |
| BL5024569 | Loire Finco Luxembourg | LGCLTD | 7.67 | 01/21/2030 | 363,130.00 | 362,494.00 | 0.31 |
| BL4990463 | GFL Es Us Llc | GFLES | 6.27 | 03/03/2032 | 349,125.00 | 349,271.00 | 0.30 |
| BNXM9K6 | Herens Midco Sarl | LNZING | 5.25 | 05/15/2029 | 710,000.00 | 356,128.00 | 0.30 |
| BFB5ML3 | Mexico City Airport Trust | MEXCAT | 5.5 | 07/31/2047 | 400,000.00 | 349,958.00 | 0.30 |
| 92332YAF8 | Venture Global Lng Inc | VENLNG | 9.0 | 03/30/2173 | 405,000.00 | 354,068.00 | 0.30 |
| 80874DAA4 | Scientific Games Holdings Lp/scientific | SCGALO | 6.63 | 03/01/2030 | 375,000.00 | 340,114.00 | 0.29 |
| BL4985299 | Boxer Parent Co Inc | BMC | 6.82 | 07/30/2031 | 369,087.00 | 338,888.00 | 0.29 |
| BL4938967 | Gloves Buyer Inc | PROINP | 7.67 | 05/21/2032 | 349,125.00 | 347,379.00 | 0.29 |
| BL5042678 | Vista Management Holding Inc | VSTJET | 7.41 | 04/01/2031 | 346,500.00 | 346,718.00 | 0.29 |
| BL5133808 | Inmar Inc | INMARI | 8.17 | 10/30/2031 | 345,698.00 | 336,191.00 | 0.29 |
| BL5143047 | Crown Finance Us Inc | CINELN | 8.17 | 12/02/2031 | 348,624.00 | 338,228.00 | 0.29 |
| BL5316866 | Focus Financial Partners Llc | FOCS | 6.17 | 09/15/2031 | 346,502.00 | 326,145.00 | 0.28 |
| BL5438470 | Graham Packaging/gpc Cap | GRMPAC | 5.92 | 01/26/2033 | 325,000.00 | 324,203.00 | 0.28 |
| BQ0G6D4 | Bellis Acquisition Co Plc | ASSDLN | 8.0 | 07/01/2031 | 296,000.00 | 331,846.00 | 0.28 |
| BL5276391 | Allwyn Entertainment Financing Us Llc | SAZKAG | 6.17 | 11/24/2032 | 325,000.00 | 318,906.00 | 0.27 |
| BL5017431 | TK Elevator Us Newco Inc | THYELE | 6.38 | 04/30/2030 | 315,598.00 | 315,455.00 | 0.27 |
| BL5018603 | Alltech Inc | ALLTEC | 8.04 | 08/13/2030 | 320,361.00 | 320,562.00 | 0.27 |
| B8AF63GT5 | Envision Healthcare Operating Inc | — | 5.0 | 06/25/2030 | 319,492.00 | 321,088.00 | 0.27 |
| 71654QDL3 | Petroleos Mexicanos | PEMEX | 8.75 | 06/02/2029 | 300,000.00 | 322,764.00 | 0.27 |
| 31556TAA7 | Fertitta Entertainment Llc / Fertitta En | FRTITA | 4.63 | 01/15/2029 | 325,000.00 | 315,373.00 | 0.27 |
| 854938AA5 | STAR Leasing Co Llc | TRAILR | 7.63 | 02/15/2030 | 325,000.00 | 308,890.00 | 0.26 |
| BG206C3 | Angolan Government International Bond | ANGOL | 8.25 | 05/09/2028 | 300,000.00 | 302,531.00 | 0.26 |
| BL4808012 | TPC Group Inc | TPCG | 9.39 | 11/24/2031 | 347,375.00 | 310,178.00 | 0.26 |
| BL4583441 | Trulite Glass & Aluminum Solutions Llc | TRUGLA | 9.66 | 03/01/2030 | 313,866.00 | 304,449.00 | 0.26 |
| BL5272408 | Rockpoint Gas Storage Pa | RGSICN | 6.17 | 09/18/2031 | 303,436.00 | 303,702.00 | 0.26 |
| BL5317096 | Engineered Machinery Hol | FISBEI | 6.92 | 11/26/2032 | 298,403.00 | 299,149.00 | 0.25 |
| BL5006806 | Columbus Mckinnon Corp | CMCO | 7.16 | 01/21/2033 | 300,000.00 | 298,875.00 | 0.25 |
| BL5508702 | First Student Bidco Inc | FRSTST | 5.9 | 08/15/2030 | 295,864.00 | 295,310.00 | 0.25 |
| BL4811750 | Grinding Media Inc | GRIMED | 7.34 | 10/12/2028 | 296,250.00 | 296,250.00 | 0.25 |
| BL4649028 | GEON Performance Solutio | GEPESO | 8.18 | 08/18/2028 | 343,427.00 | 297,922.00 | 0.25 |
| 91282CLK5 | United States Treasury Note/bond | T | 3.63 | 08/31/2029 | 290,000.00 | 291,812.00 | 0.25 |
| 11283YAG5 | Brookfield Residential Properties Inc / | BRPCN | 5.0 | 06/15/2029 | 300,000.00 | 289,974.00 | 0.25 |
| 05593RAJ1 | BMO 2024-5c5 Mortgage Trust | BMO | 2.48 | 02/01/2057 | 3,975,000.00 | 284,665.00 | 0.24 |
| 071734AN7 | Bausch Health Cos Inc | BHCCN | 4.88 | 06/01/2028 | 300,000.00 | 278,250.00 | 0.24 |
| 146869AN2 | Carvana Co | CVNA | 9.0 | 06/01/2030 | 275,000.00 | 286,391.00 | 0.24 |
| 67091TAF2 | OCP Sa | OCPMR | 6.75 | 05/02/2034 | 260,000.00 | 282,196.00 | 0.24 |
| B8ADX0WW1 | Doncasters Us Finance Llc | — | 10.17 | 04/23/2030 | 277,900.00 | 279,520.00 | 0.24 |
| BL5159126 | Radiate Holdco Llc | RADIAT | 7.29 | 09/25/2029 | 325,406.00 | 281,746.00 | 0.24 |
| BL5190030 | Jefferies Finance Llc | JEFFIN | 6.41 | 10/21/2031 | 296,250.00 | 288,103.00 | 0.24 |
| BL5276714 | RYAN Llc | RYNLLC | 7.17 | 11/05/2032 | 275,000.00 | 265,146.00 | 0.23 |
| BL5450194 | Nourish Buyer I Inc | NOUBUY | 7.67 | 07/09/2032 | 274,313.00 | 275,684.00 | 0.23 |
| BL5224490 | Level 3 Financing Inc | LVLT | 6.92 | 03/29/2032 | 275,000.00 | 275,412.00 | 0.23 |
| BL4985588 | Athenahealth Group Inc | ATHENA | 6.42 | 02/15/2029 | 274,382.00 | 266,836.00 | 0.23 |
| B8ADGKST8 | NEW Generation Gas Gathering Llc | — | 3.73 | 09/30/2029 | 275,675.00 | 271,539.00 | 0.23 |
| BL4845451 | TEI Holdings Inc | CRIPRE | 7.67 | 04/09/2031 | 272,623.00 | 270,068.00 | 0.23 |
| BL4587764 | Magnera Corp | MAGN | 8.07 | 11/04/2031 | 270,516.00 | 270,515.00 | 0.23 |
| BL4645844 | Doncasters Finance Us Llc | DONCAS | 10.17 | 04/23/2030 | 265,275.00 | 266,821.00 | 0.23 |
| BL3473057 | Trugreen Lp | SVMSTR | 7.77 | 11/02/2027 | 275,060.00 | 270,131.00 | 0.23 |
| 70932MAC1 | Pennymac Financial Services Inc | PFSI | 5.75 | 09/15/2031 | 275,000.00 | 267,560.00 | 0.23 |
| 278768AC0 | Echostar Corp | SATS | 10.75 | 11/30/2029 | 250,000.00 | 273,039.00 | 0.23 |
| 04433LAA0 | Ashland Inc | ASH | 3.38 | 09/01/2031 | 300,000.00 | 275,506.00 | 0.23 |
| 836205BJ2 | Republic Of South Africa Government Inte | SOAF | 7.25 | 12/11/2055 | 260,000.00 | 260,000.00 | 0.22 |
| 59284MAD6 | Mexico City Airport Trust | MEXCAT | 5.5 | 07/31/2047 | 300,000.00 | 262,469.00 | 0.22 |
| B8AEPE2W1 | AREP Va Data Center | — | — | 07/30/2028 | 256,886.00 | 254,612.00 | 0.22 |
| BL4871903 | Acrisure Llc | ACRISU | 6.67 | 11/06/2030 | 270,162.00 | 261,179.00 | 0.22 |
| BL5260981 | Madison Iaq Llc | MADIAQ | 6.38 | 11/08/2032 | 262,583.00 | 262,945.00 | 0.22 |
| BL5276672 | PING Identity Holding Co | PING | 6.41 | 11/15/2032 | 250,000.00 | 244,062.00 | 0.21 |
| BL5189412 | ECL Entertainment Llc | ECLENT | 6.67 | 08/30/2030 | 249,375.00 | 247,504.00 | 0.21 |
| BL5479326 | Bulldog Purchaser Inc | BAYCLU | 6.91 | 02/04/2033 | 250,000.00 | 249,220.00 | 0.21 |
| BL5546884 | Azorra Soar Tlb Finance | AZORRA | 6.14 | 10/18/2029 | 246,876.00 | 246,876.00 | 0.21 |
| BL4922748 | Graftech Global Enterpri | EAF | 9.67 | 12/21/2029 | 254,545.00 | 245,211.00 | 0.21 |
| BL4978641 | Recess Holdings Inc | RECESS | 7.42 | 02/20/2030 | 246,634.00 | 247,046.00 | 0.21 |
| BL4985356 | Azuria Water Solutn Inc | AEGN | 6.67 | 05/17/2028 | 245,031.00 | 242,811.00 | 0.21 |
| BL4842664 | Phoenix Guarantor Inc | BRIHEA | 6.17 | 02/21/2031 | 245,641.00 | 245,132.00 | 0.21 |
| BL4763795 | DAVE & Buster's Inc | PLAY | 7.13 | 11/01/2031 | 270,942.00 | 241,815.00 | 0.21 |
| BL3764356 | AMG Nv | AMGNA | 7.29 | 11/30/2028 | 245,524.00 | 244,399.00 | 0.21 |
| BL4045797 | Tenneco Inc | TENINC | 8.76 | 11/17/2028 | 250,000.00 | 246,145.00 | 0.21 |
| BL3643378 | TGP Holdings Iii Llc | TGPHLD | 7.02 | 06/29/2028 | 249,690.00 | 231,021.00 | 0.20 |
| BL3425255 | Gainwell Acquisition Corp | MILACQ | 7.77 | 10/01/2027 | 249,100.00 | 235,711.00 | 0.20 |
| BD35RT0 | Ivory Coast Government International Bon | IVYCST | 5.25 | 03/22/2030 | 201,000.00 | 240,618.00 | 0.20 |
| BDGLXV9 | Autopistas Del Sol Sa/costa Rica | AUTSOL | 7.38 | 12/30/2030 | 230,908.00 | 231,900.00 | 0.20 |
| 810186AW6 | Scotts Miracle-gro Co/the | SMG | 4.38 | 02/01/2032 | 250,000.00 | 237,615.00 | 0.20 |
| 78488XAA2 | SV Rno Property Owner 1 Llc | TRACTC | 5.88 | 03/01/2031 | 230,000.00 | 230,993.00 | 0.20 |
| 143658BY7 | Carnival Corp | CCL | 5.75 | 03/15/2030 | 225,000.00 | 232,049.00 | 0.20 |
| 16115QAF7 | Chart Industries Inc | GTLS | 7.5 | 01/01/2030 | 225,000.00 | 234,070.00 | 0.20 |
| BMZ6D52 | Colombia Telecomunicaciones Sa Esp | COLTEL | 4.95 | 07/17/2030 | 250,000.00 | 233,687.00 | 0.20 |
| BL5262839 | WIN Waste Innovations Ho | WHETEC | 7.04 | 03/24/2028 | 233,826.00 | 234,191.00 | 0.20 |
| BL5192010 | Belfor Holdings Inc | BELFUS | 6.42 | 11/01/2030 | 238,285.00 | 238,582.00 | 0.20 |
| BL5355179 | Bausch + Lomb Corp | BLCOCN | 7.42 | 01/15/2031 | 223,875.00 | 223,763.00 | 0.19 |
| BL5164258 | SGH2 Llc | COLCAP | 8.17 | 08/18/2032 | 224,438.00 | 224,437.00 | 0.19 |
| BL5179868 | Covia Holdings Llc | CVIA | 6.4 | 02/26/2032 | 223,875.00 | 223,409.00 | 0.19 |
| BL5180056 | Emrld Borrower Lp | EMECLI | 6.12 | 08/04/2031 | 220,955.00 | 219,914.00 | 0.19 |
| BL5144268 | Fortress Intermediate | PSDO | 6.67 | 06/27/2031 | 226,461.00 | 219,666.00 | 0.19 |
| 25470XAY1 | DISH Dbs Corp | DISH | 7.75 | 07/01/2026 | 225,000.00 | 222,578.00 | 0.19 |
| 05508WAB1 | B&G Foods Inc | BGS | 5.25 | 09/15/2027 | 225,000.00 | 218,410.00 | 0.19 |
| BL4569150 | Imagine Learning Llc/az | WELDNE | 7.17 | 12/21/2029 | 245,625.00 | 223,764.00 | 0.19 |
| B8ACXD562 | NEW Generation Gas Gathering Llc | — | 3.67 | 09/30/2029 | 229,730.00 | 226,283.00 | 0.19 |
| B8ADVAEX9 | NEW Generation Gas Gathering Llc | — | 3.73 | 09/30/2029 | 229,729.00 | 226,283.00 | 0.19 |
| 893830BZ1 | Transocean International Ltd | RIG | 8.5 | 05/15/2031 | 195,000.00 | 206,212.00 | 0.18 |
| 25381MAA5 | Digicel International Finance Ltd / Difl | DIGDIF | 8.63 | 08/01/2032 | 200,000.00 | 208,153.00 | 0.18 |
| 50206BAA0 | LD Celulose International Gmbh | LNZAV | 7.95 | 01/26/2032 | 200,000.00 | 210,839.00 | 0.18 |
| BL5147105 | CP Atlas Buyer Inc | AMBATH | 8.92 | 07/08/2030 | 224,438.00 | 216,676.00 | 0.18 |
| BL5135076 | Aggreko Holdings Inc | AGKLN | 6.87 | 05/21/2031 | 200,000.00 | 199,876.00 | 0.17 |
| BL4979144 | Mavis Tire Express Servi | EOCGRO | 6.67 | 05/04/2028 | 198,003.00 | 197,468.00 | 0.17 |
| BL5189347 | INDY Us Holdco Llc | INDYUS | 5.92 | 10/31/2030 | 205,785.00 | 198,582.00 | 0.17 |
| BL5227857 | RING Container Technolog | RNGCON | 6.17 | 09/15/2032 | 199,500.00 | 199,458.00 | 0.17 |
| BL5229473 | DEEP Blue Operating I Ll | DEEBLU | 6.42 | 10/01/2032 | 200,000.00 | 200,626.00 | 0.17 |
| BL5258522 | PAC Aviation Internation | PACDAC | 6.92 | 10/28/2030 | 200,000.00 | 197,626.00 | 0.17 |
| 36273XAA9 | GS Mortgage Securities Corp Trust 2025-8 | GSMS | 6.31 | 11/25/2041 | 205,000.00 | 205,195.00 | 0.17 |
| 698299CC6 | Panama Government International Bond | PANAMA | 5.66 | 02/23/2038 | 200,000.00 | 200,855.00 | 0.17 |
| 707569AS8 | PENN Entertainment Inc | PENN | 5.63 | 01/15/2027 | 200,000.00 | 200,095.00 | 0.17 |
| 68560EAC2 | Orbia Advance Corp Sab De Cv | ORBIA | 6.8 | 05/13/2030 | 200,000.00 | 201,158.00 | 0.17 |
| 749571AK1 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 6.5 | 04/01/2032 | 190,000.00 | 196,831.00 | 0.17 |
| 35906ABG2 | Frontier Communications Holdings Llc | FYBR | 6.75 | 05/01/2029 | 200,000.00 | 200,850.00 | 0.17 |
| 21873SAB4 | Coreweave Inc | CRWV | 9.25 | 06/01/2030 | 200,000.00 | 195,865.00 | 0.17 |
| 195325DP7 | Colombia Government International Bond | COLOM | 4.5 | 03/15/2029 | 200,000.00 | 194,700.00 | 0.17 |
| 195325ET8 | Colombia Government International Bond | COLOM | 5.38 | 01/21/2029 | 200,000.00 | 199,600.00 | 0.17 |
| 125276AA3 | CFE Fibra E | FCFEMM | 5.88 | 09/23/2040 | 198,334.00 | 197,591.00 | 0.17 |
| BL4883627 | Mcafee Corp | MCFE | 6.67 | 03/01/2029 | 233,499.00 | 202,560.00 | 0.17 |
| BL3925031 | IRIS Holding Inc | ITPCN | 8.52 | 06/28/2028 | 210,114.00 | 204,759.00 | 0.17 |
| BL4124436 | Asurion Llc | ASUCOR | 8.02 | 08/21/2028 | 195,477.00 | 195,293.00 | 0.17 |
| BL4047090 | Tenneco Inc | TENINC | 8.51 | 11/17/2028 | 196,456.00 | 193,058.00 | 0.16 |
| BL4778223 | Nouryon Finance Bv | SPCHEM | 7.04 | 04/03/2028 | 186,826.00 | 186,592.00 | 0.16 |
| BL4789857 | Trident Tpi Holdings Inc | TEKNI | 7.42 | 09/15/2028 | 196,510.00 | 189,427.00 | 0.16 |
| BL4810455 | Caesars Entertainment Inc | CZR | 5.92 | 02/06/2031 | 195,011.00 | 192,963.00 | 0.16 |
| 221625AX4 | Ivory Coast Government International Bon | IVYCST | 6.75 | 02/25/2041 | 200,000.00 | 190,800.00 | 0.16 |
| 315293308 | Ferrellgas Partners Lp | FGPRB | — | — | 1,029.00 | 188,880.00 | 0.16 |
| ANFH4DTL7E | Eur/usd Fwd 20260303 955 | EUR | — | 03/03/2026 | -922,869.00 | 189,501.00 | 0.16 |
| 513272AD6 | LAMB Weston Holdings Inc | LW | 4.13 | 01/31/2030 | 200,000.00 | 193,860.00 | 0.16 |
| BL5230414 | Pegasus Bidco Bv | REFRLN | 6.4 | 07/12/2029 | 190,644.00 | 190,325.00 | 0.16 |
| BL5229184 | Sharp Services Llc | SHPCOL | 6.67 | 09/29/2032 | 191,592.00 | 191,831.00 | 0.16 |
| BL5173895 | NEON Maple Us Debt Merge | NVEICN | 6.17 | 11/17/2031 | 187,905.00 | 182,795.00 | 0.16 |
| BL5179827 | Blackstone Mortgage Tr | BXMT | 6.17 | 05/09/2029 | 179,972.00 | 179,635.00 | 0.15 |
| BL5023736 | PEER Holding Iii Bv | ACTINA | 6.17 | 10/26/2030 | 173,237.00 | 172,933.00 | 0.15 |
| BL5004397 | A-AP Buyer Inc | AUSPOW | 6.42 | 09/09/2031 | 173,250.00 | 172,816.00 | 0.15 |
| BL5247236 | FR Br Holdings Llc | FRBRHO | 7.92 | 10/09/2030 | 174,563.00 | 174,998.00 | 0.15 |
| 55342UAM6 | MPT Operating Partnership Lp / Mpt Finan | MPW | 3.5 | 03/15/2031 | 225,000.00 | 172,850.00 | 0.15 |
| BL4979052 | Great Outdoors Group Llc | BASSPR | 6.92 | 01/23/2032 | 175,551.00 | 175,112.00 | 0.15 |
| BL4417558 | CLUE Opco Llc | FWRD | 8.17 | 12/19/2030 | 182,444.00 | 181,145.00 | 0.15 |
| B8AD3A2S4 | Dukes Education Grp Ltd | — | — | 11/27/2028 | 152,880.00 | 180,643.00 | 0.15 |
| B8AEKHUF5 | AREP Va Data Center | — | — | 07/30/2028 | 167,913.00 | 166,427.00 | 0.14 |
| BL4850956 | VT Topco Inc | VERCOR | 6.66 | 08/09/2030 | 173,681.00 | 163,313.00 | 0.14 |
| 550241AA1 | Lumen Technologies Inc | LUMN | 5.38 | 06/15/2029 | 175,000.00 | 167,628.00 | 0.14 |
| 44644NAD1 | Huntington Bank Auto Credit-linked Notes | HACLN | 8.91 | 05/20/2032 | 158,862.00 | 162,426.00 | 0.14 |
| 040114HX1 | Argentine Republic Government Internatio | ARGENT | 1.0 | 07/09/2029 | 189,756.00 | 167,400.00 | 0.14 |
| BQC5P76 | Braskem Netherlands Finance Bv | BRASKM | 8.5 | 01/12/2031 | 400,000.00 | 169,760.00 | 0.14 |
| BL5546900 | Victory Buyer Llc | VNTELV | 6.66 | 02/11/2033 | 150,000.00 | 150,375.00 | 0.13 |
| BL5507894 | Discovery Energy Holding | DISENE | 6.66 | 05/01/2031 | 151,886.00 | 151,743.00 | 0.13 |
| BL5508520 | LC Ahab Us Bidco Llc | AMAWAT | 6.67 | 05/01/2031 | 147,750.00 | 147,380.00 | 0.13 |
| BL5509130 | Cppib Ovm Member Us Llc | CPPOVM | 2.25 | 08/20/2031 | 148,126.00 | 147,940.00 | 0.13 |
| BL5236379 | Owens-illinois Group Inc | OI | 6.67 | 09/30/2032 | 150,000.00 | 150,000.00 | 0.13 |
| BL5202421 | Tiger Acquisition Llc | SABIND | 6.17 | 08/16/2032 | 149,250.00 | 149,000.00 | 0.13 |
| BL5337896 | Brown Group Holding Llc | SIGLN | 6.22 | 07/01/2031 | 148,869.00 | 149,083.00 | 0.13 |
| BL5438561 | Betclic Everest Group Sas | BTCLIC | 2.75 | 12/09/2031 | 150,000.00 | 150,063.00 | 0.13 |
| BL4990398 | Arsenal Aic Parent Llc | ARNC | 6.42 | 08/18/2030 | 155,172.00 | 155,171.00 | 0.13 |
| BL5116852 | Apollo Cmmrl Real Est Fin In | ARI | 6.92 | 06/13/2030 | 149,250.00 | 149,109.00 | 0.13 |
| 682691AH3 | Onemain Finance Corp | OMF | 6.63 | 05/15/2029 | 150,000.00 | 153,369.00 | 0.13 |
| BL4583235 | Summer Bc Holdco B Sarl | KANGRP | 8.93 | 02/15/2029 | 173,678.00 | 153,414.00 | 0.13 |
| BL4922755 | Graftech Global Enterpri | EAF | — | 12/21/2029 | 145,455.00 | 140,120.00 | 0.12 |
| BL4874147 | Grant Thornton Advisors Llc | GRATHO | 6.42 | 06/02/2031 | 148,133.00 | 137,127.00 | 0.12 |
| B8AF4AHH6 | Cloudhq Va B1 Quick - Unfunded | — | — | 01/29/2030 | 144,122.00 | 144,122.00 | 0.12 |
| B8AEVFYB2 | Wedgwood Specialty Pharma Iii | — | — | 12/31/2032 | 142,857.00 | 139,542.00 | 0.12 |
| BL4990430 | Veritiv Operating Co | VRTV | 7.67 | 11/29/2030 | 148,496.00 | 147,085.00 | 0.12 |
| BL5229192 | NCR Atleos Corp | NCRATL | 6.7 | 04/16/2029 | 134,400.00 | 134,064.00 | 0.11 |
| BL5450459 | Herschend Entertainment Co Llc | HERFAM | 6.17 | 05/27/2032 | 124,375.00 | 124,685.00 | 0.11 |
| BL5243532 | Madison Safety & Flow | MADSAF | 6.17 | 09/26/2031 | 123,999.00 | 123,874.00 | 0.11 |
| B8AESWF87 | Lindstrom Llc | — | — | 12/31/2032 | 128,617.00 | 126,688.00 | 0.11 |
| BL4263655 | MH Sub I Llc | INET | 7.92 | 05/03/2028 | 154,636.00 | 125,126.00 | 0.11 |
| BL4485100 | DS Parent Inc | DAVSTA | 9.17 | 01/31/2031 | 147,750.00 | 131,866.00 | 0.11 |
| 50106GAJ1 | Kronos Acquisition Holdings Inc | KIKCN | 10.75 | 06/30/2032 | 300,000.00 | 131,250.00 | 0.11 |
| 13323NAA0 | Camelot Return Merger Sub Inc | CNR | 8.75 | 08/01/2028 | 175,000.00 | 132,028.00 | 0.11 |
| 045941AB7 | Asurion Llc And Asurion Co-issuer Inc | ASUCOR | 8.38 | 02/01/2034 | 120,000.00 | 119,289.00 | 0.10 |
| 09216NAA8 | Black Pearl Compute Llc | BLKPRL | 6.13 | 02/15/2031 | 115,000.00 | 117,756.00 | 0.10 |
| BL4811875 | Cotiviti Inc | VCVHHO | 6.42 | 05/01/2031 | 129,154.00 | 114,179.00 | 0.10 |
| BMYD8L5 | Ivory Coast Government International Bon | IVYCST | 4.88 | 01/30/2032 | 104,000.00 | 119,973.00 | 0.10 |
| XS28092182 | Lorca Telecom Bondco Sa | LORCAT | 5.75 | 04/30/2029 | 100,000.00 | 121,787.00 | 0.10 |
| 553283AG7 | MPH Acquisition Holdings Llc | MLTPLN | 5.75 | 12/31/2030 | 150,000.00 | 110,211.00 | 0.09 |
| 55342UAH7 | MPT Operating Partnership Lp / Mpt Finan | MPW | 5.0 | 10/15/2027 | 100,000.00 | 98,207.00 | 0.08 |
| 651229BG0 | Newell Brands Inc | NWL | 8.5 | 06/01/2028 | 85,000.00 | 89,463.00 | 0.08 |
| 11283YAB6 | Brookfield Residential Properties Inc / | BRPCN | 6.25 | 09/15/2027 | 100,000.00 | 99,744.00 | 0.08 |
| 04364VAK9 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 9.0 | 11/01/2027 | 75,000.00 | 89,832.00 | 0.08 |
| 15853BAA9 | Champion Iron Canada Inc | CIACN | 7.88 | 07/15/2032 | 85,000.00 | 90,258.00 | 0.08 |
| 36273TAA8 | GFL Environmental Holdings Us Inc | GFLCN | 5.5 | 02/01/2034 | 95,000.00 | 95,294.00 | 0.08 |
| BL4760759 | Synechron Inc | SYNECH | 7.57 | 10/03/2031 | 99,497.00 | 91,537.00 | 0.08 |
| B8AF49N74 | Cloudhq Va B1 Quick | — | — | 01/29/2030 | 89,477.00 | 89,476.00 | 0.08 |
| B8ACYS253 | Dukes Education Group Ltd | — | 9.41 | 11/25/2028 | 67,561.00 | 91,048.00 | 0.08 |
| BL5508975 | Crown Subsea Communicati | SUBCOM | 6.67 | 02/07/2033 | 99,748.00 | 99,810.00 | 0.08 |
| BL5426236 | Composecureholdingsllc | COMPOS | 5.91 | 01/14/2033 | 100,000.00 | 99,375.00 | 0.08 |
| BL5438603 | Relativity Intermediate | RELODA | 6.42 | 01/30/2033 | 100,000.00 | 97,000.00 | 0.08 |
| BL5179751 | Brown Group Holding Llc | SIGLN | 6.17 | 07/01/2031 | 98,728.00 | 98,826.00 | 0.08 |
| BL5450335 | Salas O'brien Inc | SALOBR | 6.42 | 01/21/2033 | 85,714.00 | 85,392.00 | 0.07 |
| B8ACYS1X3 | Dukes Education Group Ltd | — | 9.47 | 11/25/2028 | 60,913.00 | 82,089.00 | 0.07 |
| B8ADVZ6S4 | Denali Intermediate Hldg Inc | — | 9.45 | 05/31/2032 | 84,834.00 | 84,032.00 | 0.07 |
| 233104AA6 | DCLI Bidco Llc | DIRCHA | 7.75 | 11/15/2029 | 85,000.00 | 87,157.00 | 0.07 |
| 040114HS2 | Argentine Republic Government Internatio | ARGENT | 0.75 | 07/09/2030 | 94,262.00 | 79,797.00 | 0.07 |
| 10554TAH8 | Braskem Netherlands Finance Bv | BRASKM | 8.5 | 01/12/2031 | 200,000.00 | 84,880.00 | 0.07 |
| 041242AA6 | ARKO Corp | ARKO | 5.13 | 11/15/2029 | 75,000.00 | 66,892.00 | 0.06 |
| 97381AAA0 | Windstream Services Llc / Windstream Esc | WIN | 8.25 | 10/01/2031 | 70,000.00 | 73,613.00 | 0.06 |
| B8AEBG4U3 | NEW Generation Gas Gathering Llc | — | 3.67 | 09/30/2029 | 68,918.00 | 67,884.00 | 0.06 |
| BL4431708 | Jfl-tiger Acquisition Co | HCCI | 7.42 | 10/17/2030 | 74,055.00 | 73,993.00 | 0.06 |
| BL4611499 | Supplyone Inc | SUPONE | 7.17 | 04/19/2031 | 74,812.00 | 75,068.00 | 0.06 |
| BL4845816 | MH Sub I Llc | INET | 7.92 | 12/31/2031 | 104,668.00 | 70,912.00 | 0.06 |
| BL5233137 | Liquid Tech Solutions Ho | DISDIR | 7.24 | 10/12/2032 | 68,034.00 | 67,778.00 | 0.06 |
| BL5174141 | Closure Systems Internat | CAINGR | 6.67 | 03/22/2029 | 73,875.00 | 73,782.00 | 0.06 |
| BL5188117 | MIP V Waste Llc | GREWAS | 6.42 | 08/20/2032 | 74,625.00 | 74,531.00 | 0.06 |
| BL5473469 | Azuria Water Solutions Inc | AEGN | 2.75 | 01/27/2033 | 58,824.00 | 57,978.00 | 0.05 |
| BL5508728 | First Student Bidco Inc | FRSTST | 5.9 | 08/15/2030 | 54,136.00 | 54,034.00 | 0.05 |
| B8AEKNM38 | Aptive Environmental Llc | — | — | 10/31/2032 | 53,458.00 | 53,378.00 | 0.05 |
| B8AE3VHV3 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 63,997.00 | 63,357.00 | 0.05 |
| 69331CAM0 | PG&E Corp | PCG | 7.38 | 03/15/2055 | 50,000.00 | 51,760.00 | 0.04 |
| 469815AK0 | Jacobs Entertainment Inc | JACENT | 6.75 | 02/15/2029 | 50,000.00 | 49,154.00 | 0.04 |
| TFKBN130NG | Gbp/usd Fwd 20260303 Mslngb2x | GBP | — | 03/03/2026 | -7,506.00 | 45,922.00 | 0.04 |
| BMFXV04 | Argentine Republic Government Internatio | ARGENT | 0.13 | 07/09/2030 | 38,400.00 | 38,113.00 | 0.03 |
| 893830BY4 | Transocean Inc | RIG | 8.25 | 05/15/2029 | 35,000.00 | 36,356.00 | 0.03 |
| 02128LAC0 | ALTA Equipment Group Inc | ALTG | 9.0 | 06/01/2029 | 40,000.00 | 37,916.00 | 0.03 |
| B8AE3VDG0 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 38,398.00 | 38,014.00 | 0.03 |
| B8ACYP7L9 | Dukes Education Group Ltd | — | 9.47 | 11/25/2028 | 25,178.00 | 33,931.00 | 0.03 |
| B8AD39VG1 | Dukes Education Grp Ltd | — | — | 11/27/2028 | 34,427.00 | 40,678.00 | 0.03 |
| B8AF4AKR0 | Cloudhq Va B1 - Unfunded | — | — | 01/29/2030 | 33,677.00 | 33,677.00 | 0.03 |
| BL4843290 | Sandisk Corp | SNDK | 6.67 | 02/20/2032 | 22,500.00 | 22,500.00 | 0.02 |
| B8AEKNM04 | Aptive Environmental Llc | — | — | 10/31/2032 | 25,580.00 | 25,541.00 | 0.02 |
| 25470XBB0 | DISH Dbs Corp | DISH | 7.38 | 07/01/2028 | 25,000.00 | 24,175.00 | 0.02 |
| 25470XBD6 | DISH Dbs Corp | DISH | 5.13 | 06/01/2029 | 25,000.00 | 22,254.00 | 0.02 |
| B8A9598C3 | Ferrellgas Escrow Llc 3/30/31 Preferred | — | 8.96 | 03/30/2031 | 25,000.00 | 27,187.00 | 0.02 |
| 55342UAQ7 | MPT Operating Partnership Lp / Mpt Finan | MPW | 8.5 | 02/15/2032 | 25,000.00 | 26,760.00 | 0.02 |
| FVM6 COMDT | US 5yr Note (cbt) Jun26 | FVM6 | — | 06/30/2026 | 4,956,328.00 | 19,390.00 | 0.02 |
| HYBH6 INDE | BBG Hy Credit Fut Mar26 | HYBH6 | — | 03/17/2026 | 6,729,300.00 | 26,905.00 | 0.02 |
| SWB8AEXQ57 | Scds: (ecua) | — | 5.0 | 12/20/2027 | 550,000.00 | 22,955.00 | 0.02 |
| SWB8AEXQ5P | Scds: (ecua) | — | 5.0 | 12/20/2028 | 550,000.00 | 24,847.00 | 0.02 |
| NTTG6R3F2L | Gbp/usd Fwd 20260402 Mslngb2x | GBP | — | 04/02/2026 | -3,449,668.00 | 14,337.00 | 0.01 |
| SWB8AEHGA2 | Scds: (argent) | — | 5.0 | 06/22/2026 | 560,000.00 | 10,955.00 | 0.01 |
| BL5450350 | Salas O'brien Inc | SALOBR | 6.42 | 01/21/2033 | 14,286.00 | 14,232.00 | 0.01 |
| BL5237955 | Liquid Tech Solutions Ho | DISDIR | 3.5 | 10/12/2032 | 6,966.00 | 6,939.00 | 0.01 |
| 91327CAA6 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 8.63 | 06/15/2032 | 15,000.00 | 15,202.00 | 0.01 |
| 201723AS2 | Commercial Metals Co | CMC | 5.75 | 11/15/2033 | 10,000.00 | 10,191.00 | 0.01 |
| 201723AV5 | Commercial Metals Co | CMC | 6.0 | 12/15/2035 | 15,000.00 | 15,354.00 | 0.01 |
| B8ACYS2F1 | Dukes Education Group Ltd | — | 8.13 | 11/25/2028 | 7,402.00 | 9,975.00 | 0.01 |
| BL3572783 | First Brands Group Llc | TRICGR | 14.29 | 03/30/2028 | 644,923.00 | 316.00 | 0.00 |
| 35INOHNV1H | Eur/usd Fwd 20260303 5 | EUR | — | 03/03/2026 | -122,313.00 | 1,146.00 | 0.00 |
| 2AO10DSNRO | Gbp/usd Fwd 20260303 955 | GBP | — | 03/03/2026 | -62,392.00 | 437.00 | 0.00 |
| AIN9OK94J0 | Gbp/usd Fwd 20260303 Bnpafrpp | GBP | — | 03/03/2026 | 69,898.00 | -1,076.00 | 0.00 |
| DUH6 COMDT | Euro-schatz Fut Mar26 | DUH6 | — | 03/06/2026 | 252,933.00 | 399.00 | 0.00 |
| BW5YZT4 | Talktalk Telecom Group Ltd | TALKLN | 11.75 | 03/01/2028 | 425,378.00 | 0.00 | 0.00 |
| RXH6 COMDT | Euro-bund Future Mar26 | RXH6 | — | 03/06/2026 | 153,880.00 | 2,161.00 | 0.00 |
| SFRH6 COMD | 3 MOnth Sofr Fut Mar26 | SFRH6 | — | 06/16/2026 | 3,613,406.00 | -4,058.00 | 0.00 |
| SFRM6 COMD | 3 MOnth Sofr Fut Jun26 | SFRM6 | — | 09/15/2026 | 3,620,063.00 | -5,089.00 | 0.00 |
| SFRU6 COMD | 3 MOnth Sofr Fut Sep26 | SFRU6 | — | 12/15/2026 | 3,629,063.00 | -1,902.00 | 0.00 |
| SFRZ6 COMD | 3 MOnth Sofr Fut Dec26 | SFRZ6 | — | 03/16/2027 | 3,635,438.00 | 2,222.00 | 0.00 |
| SWB8ACX1VG | CDS: (gs_24-pc-a Jul 24) | — | 1.65 | 08/02/2027 | 1,999,954.00 | 2,566.00 | 0.00 |
| SWB8ADG4K3 | Scds: (pemex) 4.10000 Mar 23 2026 | — | 4.1 | 03/23/2026 | 90,000.00 | 100.00 | 0.00 |
| SWB8ADJ71C | Scds: (pemex) 4.75.00000 07 May 2026 | — | 4.75 | 05/07/2026 | 310,200.00 | 2,659.00 | 0.00 |
| SWB8ADQ1J2 | Scds: (softbk) | — | 1.0 | 06/22/2026 | 95,000.00 | -57.00 | 0.00 |
| SWB8ADQQCR | Scds: (ivycst) | — | 1.0 | 06/20/2027 | 500,000.00 | -1,777.00 | 0.00 |
| SWB8AEYR2D | FWD: Tbond 3.375 31-dec-2027 91282cps4 - | — | — | 04/07/2026 | 22,104,531.00 | 0.00 | 0.00 |
| SWB8AEYR2U | FWD: Tbond 3.5 15-dec-2028 91282cpp0 - U | — | — | 04/07/2026 | 10,573,189.00 | 0.00 | 0.00 |
| SWB8AEYR3T | FWD: Tbond 3.625 31-dec-2030 91282cpr6 - | — | — | 04/07/2026 | 8,920,626.00 | 0.00 | 0.00 |
| TCLNL09K6T | Eur/usd Fwd 20260303 Mslngb2x | EUR | — | 03/03/2026 | 899,562.00 | -5,644.00 | 0.00 |
| TUM6 COMDT | US 2yr Note (cbt) Jun26 | TUM6 | — | 06/30/2026 | -209,273.00 | -391.00 | 0.00 |
| URQG8CJJIG | Eur/usd Fwd 20260303 2568 | EUR | — | 03/03/2026 | 145,619.00 | -1,298.00 | 0.00 |
| SWB8AEPNEQ | Scds: (argent) | — | 5.0 | 12/21/2026 | 100,000.00 | 2,980.00 | 0.00 |
| SWB8AEUCH9 | SWP: Ois 2.355000 04-dec-2032 Est_c | — | — | 12/04/2032 | -330,000.00 | -3,117.00 | 0.00 |
| SWB8AEUCHD | SWP: Ois 2.197000 04-dec-2030 Est_c | — | — | 12/04/2030 | -750,000.00 | -4,850.00 | 0.00 |
| SWB8AEUCHG | SWP: Ois 2.019000 04-dec-2028 Est_c | — | — | 12/04/2028 | -1,335,000.00 | -3,639.00 | 0.00 |
| SWB8AEUCHK | SWP: Ois 1.937500 04-dec-2027 Est_c | — | — | 12/04/2027 | -1,480,000.00 | -1,560.00 | 0.00 |
| SWB8AEUCHS | SWP: Ois 3.628300 03-dec-2030 Son_c | — | — | 12/03/2030 | -310,000.00 | -2,206.00 | 0.00 |
| SWB8AEUCHY | SWP: Ois 3.530000 03-dec-2028 Son_c | — | — | 12/03/2028 | -700,000.00 | -3,601.00 | 0.00 |
| SWB8AEVGAF | FWD: Tnote 3.500 15-dec-28 91282cpp0 - U | — | — | 03/11/2026 | 14,951,390.00 | 0.00 | 0.00 |
| WNM6 COMDT | US Ultra Bond Cbt Jun26 | WNM6 | — | 06/18/2026 | -364,781.00 | -4,668.00 | 0.00 |
| TYM6 COMDT | US 10yr Note (cbt)jun26 | TYM6 | — | 06/18/2026 | -2,731,500.00 | -11,845.00 | -0.01 |
| USM6 COMDT | US Long Bond(cbt) Jun26 | USM6 | — | 06/18/2026 | -1,540,094.00 | -18,628.00 | -0.02 |
| UXYM6 COMD | US 10yr Ultra Fut Jun26 | UXYM6 | — | 06/18/2026 | -1,984,484.00 | -20,077.00 | -0.02 |
| SWB8AEP84V | SWP: Ois Gbp 4.300000 08-feb-2027_c | — | — | 02/08/2027 | -1,630,000.00 | -17,918.00 | -0.02 |
| 5V21IR3JGS | Eur/usd Fwd 20260402 955 | EUR | — | 04/02/2026 | -10,268,152.00 | -48,798.00 | -0.04 |
| B8ADN7NC1 | RRP Mpt Operating Partnership Lp | — | 4.0 | 12/31/2222 | -112,750.00 | -112,750.00 | -0.10 |
| B8ADN7ND9 | RRP Lamb Weston Hldgs Inc | — | 3.97 | 12/31/2222 | -168,750.00 | -168,750.00 | -0.14 |
| B8AE05Z01 | RRP B&g Foods Inc | — | 3.97 | 12/31/2222 | -173,250.00 | -173,250.00 | -0.15 |
| B8ADV5E10 | RRP Penn Entertainment Inc | — | 3.97 | 12/31/2222 | -180,750.00 | -180,750.00 | -0.15 |
| B8AEAC714 | RRP Ld Celulose Intl | — | 3.92 | 12/31/2222 | -184,250.00 | -184,250.00 | -0.16 |
| B8AEAC730 | RRP Orbia Advance Corp Sab De C | — | 3.82 | 12/31/2222 | -189,500.00 | -189,500.00 | -0.16 |
| B8ADV5E02 | RRP Scotts Miracle Gro Co | — | 3.97 | 12/31/2222 | -199,063.00 | -199,062.00 | -0.17 |
| B8ADV5E28 | RRP Chart Industries Inc | — | 3.97 | 12/31/2222 | -215,719.00 | -215,718.00 | -0.18 |
| B8AE05Z43 | RRP Carnival Corp | — | 3.93 | 12/31/2222 | -207,281.00 | -207,281.00 | -0.18 |
| B8AE05Z50 | RRP Echostar Corp | — | 3.93 | 12/31/2222 | -214,375.00 | -214,375.00 | -0.18 |
| B8ADYVQS8 | RRP Fertitta Entertainment | — | 3.95 | 12/31/2222 | -227,219.00 | -227,218.00 | -0.19 |
| B8ADLT2P9 | RRP Mexico City Arpt Tr | — | 3.8 | 12/31/2222 | -222,000.00 | -222,000.00 | -0.19 |
| B8AD52FL1 | RRP Pennymac Fin Svcs Inc | — | 3.95 | 12/31/2222 | -220,313.00 | -220,312.00 | -0.19 |
| B8ACVHT10 | RRP Ashland Llc | — | 4.04 | 12/31/2222 | -235,500.00 | -235,500.00 | -0.20 |
| B8ADN7NE7 | RRP Brookfield Residential Propert | — | 3.97 | 12/31/2222 | -252,375.00 | -252,375.00 | -0.21 |
| B8AD52FM9 | RRP Ocp Sa | — | 3.95 | 12/31/2222 | -256,750.00 | -256,750.00 | -0.22 |
| B8AE05Z35 | RRP Carvana Co | — | 3.93 | 12/31/2222 | -261,594.00 | -261,593.00 | -0.22 |
| B8AE05Z19 | RRP Star Leasing Co Llc | — | 3.93 | 12/31/2222 | -266,906.00 | -266,906.00 | -0.23 |
| B8AE80R11 | RRP Venture Global Lng Inc | — | 3.96 | 12/31/2222 | -354,500.00 | -354,500.00 | -0.30 |
| B8ACJD253 | RRP Wynn Macau Ltd | — | 4.07 | 12/31/2222 | -363,906.00 | -363,906.00 | -0.31 |
| B8ADLT2R5 | RRP Maxim Crane Works Hldgs Cap | — | 3.95 | 12/31/2222 | -378,500.00 | -378,500.00 | -0.32 |
| B8ACTHLL7 | RRP Cco Hldgs Llc Cco Hldgs Cap Co | — | 4.04 | 12/31/2222 | -383,400.00 | -383,400.00 | -0.33 |
| B8ACVHT02 | RRP Citigroup Inc | — | 4.04 | 12/31/2222 | -415,363.00 | -415,362.00 | -0.35 |
| B8ADLT2S3 | RRP Mcafee Corp | — | 3.95 | 12/31/2222 | -418,750.00 | -418,750.00 | -0.36 |
| B8ADLT2U8 | RRP Mineral Resources Ltd | — | 3.92 | 12/31/2222 | -467,500.00 | -467,500.00 | -0.40 |
| B8ACVHT28 | RRP Howard Hughes Corp | — | 4.04 | 12/31/2222 | -470,063.00 | -470,062.00 | -0.40 |
| B8AF0PSF9 | RRP Constellation Energy Generatio | — | 4.02 | 12/31/2222 | -475,063.00 | -475,062.00 | -0.40 |
| B8AD52FN7 | RRP Coronado Fin Pty Ltd | — | 3.95 | 12/31/2222 | -488,125.00 | -488,125.00 | -0.41 |
| B8ACDQGX4 | RRP Wynn Resorts Fin Llc | — | 4.0 | 12/31/2222 | -608,344.00 | -608,343.00 | -0.52 |
| B8AEAPRV7 | RRP Ivory Coast | — | 2.26 | 12/31/2222 | -552,750.00 | -653,129.00 | -0.55 |
| B8AEAPRU9 | RRP Grifols Sa | — | 2.26 | 12/31/2222 | -563,325.00 | -665,624.00 | -0.56 |
| B8AEC8J42 | RRP Tenneco Inc | — | 3.93 | 12/31/2222 | -681,000.00 | -681,000.00 | -0.58 |
| B8ADN7NF4 | RRP Brinker Intl Inc | — | 3.97 | 12/31/2222 | -679,000.00 | -679,000.00 | -0.58 |
| B8ACBPEV4 | RRP Southwestern Energy Co | — | 4.04 | 12/31/2222 | -743,750.00 | -743,750.00 | -0.63 |
| B8ADLT2Q7 | RRP Wolverine World Wide Inc | — | 3.95 | 12/31/2222 | -753,188.00 | -753,187.00 | -0.64 |
| B8AEAPRT2 | RRP Eg Global Fin Plc | — | 2.26 | 12/31/2222 | -638,281.00 | -754,193.00 | -0.64 |
| B8AENFZD6 | RRP Davita Inc | — | 4.03 | 12/31/2222 | -805,594.00 | -805,593.00 | -0.68 |
| B8ACJD2C8 | RRP Hudbay Minerals Inc | — | 4.07 | 12/31/2222 | -836,250.00 | -836,250.00 | -0.71 |
| B8ADUQE31 | RRP Goldman Sachs Grp Inc | — | 3.99 | 12/31/2222 | -861,250.00 | -861,250.00 | -0.73 |
| B8AEDR1D8 | RRP Virgin Media Sec Fin Plc | — | 4.77 | 12/31/2222 | -668,281.00 | -900,609.00 | -0.76 |
| B8ACCS547 | RRP Mgm Resorts Intl | — | 4.0 | 12/31/2222 | -907,031.00 | -907,031.00 | -0.77 |
| B8ACJD246 | RRP Caesars Entertainment Inc | — | 4.07 | 12/31/2222 | -915,750.00 | -915,750.00 | -0.78 |
| B8AEAPRW5 | RRP Eg Global Fin Plc | — | 2.26 | 12/31/2222 | -1,106,700.00 | -1,307,676.00 | -1.11 |
| B8ADV7P55 | RRP Montichem Holdco 3 Sa | — | 2.52 | 12/31/2222 | -1,155,000.00 | -1,364,748.00 | -1.16 |
| B8AENFZC8 | RRP Beignet Investor Llc | — | 3.8 | 12/31/2222 | -1,565,625.00 | -1,565,625.00 | -1.33 |
| B8ACFX6U4 | RRP Nrg Energy Inc | — | 4.04 | 12/31/2222 | -1,685,250.00 | -1,685,250.00 | -1.43 |
| B8AEWVS80 | RRP Vistra Corp | — | 4.04 | 12/31/2222 | -2,072,875.00 | -2,072,875.00 | -1.76 |
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MANAGEMENT
PGIM Investments is a registered investment advisor and investment manager to PGIM registered investment companies. PGIM Investments is a Prudential Financial and PGIM, Inc. affiliate. For more information on the fund's sub-advisor(s), please click here.
Richard Piccirillo
Managing Director and Co-Head of PGIM's Multi-Sector Team
Richard Piccirillo is a Managing Director and Co-Head of PGIM's Multi-Sector Team.
Tyler Thorn
Principal and Portfolio Manager for PGIM Fixed Income's Multi-Sector Team
Tyler Thorn is a Principal and a portfolio manager on the Multi-Sector Team at PGIM Fixed Income.
Edwin Wilches, CFA
Managing Director and Co-Head of PGIM’s Securitized Products Team
Edwin Wilches, CFA is a Managing Director and Co-Head of PGIM’s Securitized Products Team.
Brian Juliano
Managing Director and Head of the U.S. Leveraged Loan Team
Public & Private Fixed Income
Brian Juliano is a Managing Director and Head of the U.S. Leveraged Loan Team for PGIM Fixed Income.
Average Maturity is the average time to maturity for a bond. Credit quality is calculated using the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s, S&P, or Fitch. The Not Rated category consists of securities that have not been rated by an NRSRO. Duration measures investment risk that takes into account both a bond's interest payments and its value to maturity. 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: Benchmarks - Lipper Inc.; Statistics - Morningstar Inc.; All other data from PGIM, Inc.
© 2026 Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results.
Class R6 and Z shares may be available to group retirement plans and institutional investors through certain retirement, mutual fund wrap and asset allocation programs. They may also be available to institutional investors. Class Z shares may be available through fee- or commission-based retail brokerage programs of certain financial intermediaries. Class A, C, and Z shares are generally closed to new retirement plans. Please see the prospectus for additional information about fees, expenses, and investor eligibility.
PGIM Fixed Income is a unit of PGIM, Inc., 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. PGIM is the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates.
5303558 Ed. 3/2026
Fund Literature
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