PGIM High Yield Fund (PHYZX)
$
)
Barron’s Best Fund Families: Ranked #4 for best fund family over the 1-year period ended 12/31/2024, among 48 qualifying fund families based on asset- weighted returns.
MorningStar Rankings
Source: Morningstar. All rights reserved. Used with permission. Class Z shares inception: 3/14/2012. Morningstar rankings are based on total return, do not include the effects of sales charges, and are calculated against all funds in the Morningstar Global Large-Stock Growth category.
Past performance does not guarantee future results.
Seeks to maximize current income by investing primarily in high-yield bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. Capital growth is a secondary goal. The Fund may be appropriate for investors willing to take on higher risk to achieve higher current income and potential capital appreciation.
Growth of $10,000
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. This chart represents historical performance and does not assume the effects of sales charges or varying fees and expenses of other share classes. If shown with sales charges or these other fees and expenses, performance could have been lower. It is not possible to invest directly in an index. Click here to view benchmark index definitions.
FUND INFORMATION
Fund StatisticS
|
Name
|
Weight
|
|---|---|
| Average Maturity (years) | 5.20 |
| Duration (years) | 3.00 |
| Standard Deviation (3 year) | 6.12 |
Source: Morningstar. Morningstar Ratings may be calculated based on share class adjusted historical returns. If so, the fund’s independent Morningstar Rating metric uses the fund’s oldest class to determine its hypothetical rating for certain periods. Morningstar Ratings are calculated for managed products with a 3-year minimum history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. Rating is calculated based on a Morningstar Risk-Adjusted Return measure accounting for variation in a managed product's monthly excess performance that emphasizes downward variations more and rewards consistent performance, with no sales load adjustment. In each category, the top 10% receive 5 stars, with 4 stars for the next 22.5%, 3 stars for the next 35%, 2 stars for the next 22.5%, and 1 star for the bottom 10%. Overall Morningstar Rating is derived from a weighted average of the performance associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics: for 36-59 months of total returns, 100% 3-year rating, for 60-119 months of total returns, 60% 5-year rating/40% 3-year rating, and for 120 or more months of total returns, 50% 10-year rating/30% 5-year rating/20% 3-year rating.
Morningstar rankings for 1-, 3-, 5-, 10- and 15-years are Class A: 54/622, 341/589, 221/547, 46/429, and 30/286; Class C: 156/622, 474/589, 405/547, 201/429, and 162/286; Class R: 92/622, 393/589, 288/547, 92/429, and 67/286; Class R2: 74/622, 360/589, 256/547, 83/518, and 62/408; Class R4: 48/622, 291/589, 210/547, 48/518, and 35/408; Class R6: 25/622, 205/589, 149/547, 17/429, and 26/408; Class Z: 39/622, 243/589, 185/547, 27/429, and 17/286.
PGIM High Yield Fund (Class Z) Lipper total return ranking for the 1-, 3-, 5-, and 10-year periods as of 12/31/2024 for the High Yield Funds category were: 137/494, 224/447, 163/419, and 25/315, respectively. Lipper Funds category rankings are based on total return, do not take sales charges into account, and are calculated against all funds in each fund’s respective Lipper category.
Class Z Lipper total return ranking for the 1-, 3-, 5-, and 10-year periods as of 6/30/2025: 31/484, 188/458, 134/418, and 20/320, respectively. Past Performance is no guarantee of future results.
The Morningstar Medalist RatingTM is the summary expression of Morningstar’s forward-looking investment strategies analysis offered via specific vehicles on a Gold, Silver, Bronze, Neutral, and Negative scale. These ratings indicate the investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk-adjusted basis over time. Investments are evaluated on 3 pillars (People, Parent, and Process) which, when coupled with a fee assessment, form the basis for Morningstar’s conviction in those product’s investment merits and determine the assigned rating. Pillar ratings are Low, Below Average, Average, Above Average, and High, and are evaluated qualitatively (either directly to a covered vehicle or indirectly when a covered vehicle’s ratings are mapped to a related uncovered vehicle) or using algorithmic techniques. Vehicles are sorted by expected performance into rating groups defined by their Morningstar Category and active or passive status. Analysts who directly cover a vehicle assign the 3 pillar ratings based on their qualitative assessment, subject to Analyst Rating Committee oversight, and monitor and reevaluate them at least every 14 months. Vehicle ratings are assigned monthly when covered either indirectly by analysts or by algorithm. For more information, please visit www.global.morningstar.com/managerdisclosures/. Ratings are not statements of fact, nor are they credit or risk ratings. The Morningstar Medalist Rating (i) should not be used as the sole basis in evaluating an investment product, (ii) involves unknown risks and uncertainties which may cause expectations not to occur or to differ significantly from what was expected, (iii) are not guaranteed to be based on complete or accurate assumptions or models when determined algorithmically, (iv) involve the risk that the return target will not be met due to issues like unforeseen changes in management, technology, economic development, interest rate development, operating and/or material costs, competitive pressure, supervisory law, exchange rate, tax rates, exchange rate changes, and/or changes in political and social conditions, and (v) should not be considered an offer or solicitation to buy or sell the investment. Changes in underlying factors can mean the rating is subsequently no longer accurate. ‡Source: Morningstar.
Risks of investing in the fund include but are not limited to the following: Fixed Income investments are subject to credit, market, prepayment and interest rate risks, and their value will decline as interest rates rise. High yield (“junk”) bonds are subject to greater credit and market risks. Investments in currency may result in a decline in the fund’s net asset value due to changes in exchange rates. Foreign securities are subject to currency fluctuations and political uncertainty. Derivatives may carry market, credit and liquidity risks. There is no guarantee the Fund's objective will be achieved. Risks are more fully explained in the fund's prospectus.
- 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 High Yield Fund.
See Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM High Yield Fund.
See Daily Returns for the PGIM High Yield Fund.
See Quarterly SEC Standardized Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM High Yield Fund.
|
Fund Expenses
|
Maximum Sales Charge (%)
|
|||
|---|---|---|---|---|
|
Class
|
Gross (%)
|
Net (%)
|
Date*
|
|
| A | 0.74 | 0.74 | — | 3.25 |
| C | 1.47 | 1.47 | — | 1.00 |
| R | 1.30 | 1.05 | 12/31/2025 | — |
| R2 | 0.94 | 0.91 | 12/31/2025 | — |
| R4 | 0.67 | 0.66 | 12/31/2025 | — |
| R6 | 0.38 | 0.38 | — | — |
| Z | 0.51 | 0.51 | — | — |
*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 Bank Loan Category Average: Bank-loan portfolios primarily invest in floating-rate bank loans and floating-rate below investment- grade securities instead of bonds. In exchange for their credit risk, these loans offer high interest payments that typically float above a common short-term benchmarks such as Libor or SOFR.
Bloomberg U.S. Corporate High Yield 1% Issuer Capped Index is an issuer-constrained version of the Bloomberg U.S. Corporate High Yield Index that covers the U.S. dollar denominated, non-investment grade, fixed-rate, taxable corporate bond market. It follows the same construction rules as the uncapped index, but limits issuer exposure to a maximum 1% and redistributes the excess market value index-wide on a pro-rata basis.
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 | 4.88 |
0.02
|
0.41 | 5.04 | 1,443,636,588.77 |
| C | 4.87 |
0.02
|
0.41 | — | 185,672,853.22 |
| R | 4.87 |
0.02
|
0.41 | — | 71,219,212.17 |
| R2 | 4.88 |
0.02
|
0.41 | — | 26,064,286.09 |
| R4 | 4.88 |
0.02
|
0.41 | — | 38,021,877.05 |
| R6 | 4.88 |
0.02
|
0.41 | — | 10,476,152,569.21 |
| Z | 4.89 |
0.02
|
0.41 | — | 8,436,629,042.19 |
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 | 4.89 | 09/27/2024 | 4.63 | 04/11/2025 |
| C | 4.88 | 10/01/2024 | 4.62 | 04/08/2025 |
| R | 4.88 | 10/02/2024 | 4.63 | 04/11/2025 |
| R2 | 4.89 | 10/01/2024 | 4.63 | 04/08/2025 |
| R4 | 4.89 | 10/01/2024 | 4.63 | 04/08/2025 |
| R6 | 4.89 | 09/27/2024 | 4.63 | 04/08/2025 |
| Z | 4.90 | 09/27/2024 | 4.64 | 04/08/2025 |
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.
Yields
| Class | SEC 30-Day Subsidized Yield (%) | SEC 30-Day Unsubsidized Yield (%) | Offer Distb. Yield (%) | NAV Distb. Yield (%) | SEC-30 Day Sub Taxable Equivalent Yield (%) |
|---|---|---|---|---|---|
| A - View Prospectus | 6.11 | 6.11 | 6.35 | 6.57 | — |
| C - View Prospectus | 5.59 | 5.59 | — | 5.85 | — |
| R - View Prospectus | 6.05 | 5.80 | — | 6.30 | — |
| R2 - View Prospectus | 6.19 | 6.12 | — | 6.44 | — |
| R4 - View Prospectus | 6.44 | 6.41 | — | 6.69 | — |
| R6 - View Prospectus | 6.72 | 6.72 | — | 6.97 | — |
| Z - View Prospectus | 6.58 | 6.58 | — | 6.83 | — |
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.
This material must be preceded or accompanied by a current prospectus or summary prospectus. Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.
- Portfolio Summary
- Complete Holdings
Portfolio Attributes
Largest Industries (vs Benchmark)
|
Industry
|
Fund (% of Assets)
|
Overweight Underweight
|
|---|---|---|
| Telecom | 7.7% | 2.8 |
| Gaming & Lodging & Leisure | 7.1% | 0.7 |
| Building Materials & Home Construction | 6.8% | 3.0 |
| Health Care & Pharmaceutical | 6.7% | -0.6 |
| Energy - Midstream | 5.6% | 0.2 |
| Cable & Satellite | 5.5% | 0.0 |
| Finance Companies | 4.8% | 0.5 |
| Consumer Non-Cyclical | 4.6% | -2.7 |
| Retailers & Restaurants | 4.6% | -1.4 |
| Electric & Water | 4.5% | 1.4 |
Credit Quality (% of Assets)
|
Credit Quality
|
% of Assets
|
|---|---|
| AAA | 6.9% |
| A | 0.1% |
| BBB | 5.9% |
| BB | 45.2% |
| B | 25.4% |
| CCC | 11.9% |
| Not Rated | 4.6% |
Largest 10 Corporate Holdings (% of Assets)
|
Top 10 Corporate Holdings
|
% of Assets
|
|---|---|
| Next Alt Sarl | 3.0% |
| Venture Global | 1.7% |
| Vistra | 1.7% |
| EchoStar | 1.6% |
| Lumen Technologies | 1.5% |
| Digicel Investments | 1.4% |
| Volt | 1.3% |
| Carvana | 1.2% |
| Tenet Healthcare | 1.2% |
| Frontier Communications | 1.2% |
Geographic Concentration (% of Assets)
|
Geographic Concentration
|
% of Assets
|
|---|---|
| United States | 87.4% |
| Canada | 4.7% |
| United Kingdom | 1.7% |
| Jamaica | 1.6% |
| France | 1.3% |
| Japan | 0.5% |
| Switzerland | 0.5% |
| Zambia | 0.4% |
| Luxembourg | 0.3% |
| Australia | 0.3% |
| Other | 1.2% |
FUND STATISTICS
|
Average Maturity
|
Years
|
|---|---|
| Average Maturity (years) | 5.2 |
| Duration (years) | 3.0 |
| Standard Deviation (3 year) | 6.12 |
All data is unaudited and subject to change. Holdings/allocations may vary. This is not a recommendation to buy or sell any security listed. Total number of holdings based on issuers. 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.
© 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved.
Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.
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 | May lose value | Are not a deposit of or guaranteed by any bank or any bank affiliate.
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.
4072323 Ed. 12/2024
|
Security ID# (CUSIP/SEDOL)
|
Security Description
|
Ticker Symbol
|
Coupon Rate
|
Maturity Date
|
Shares/Notional
|
Value ($)
|
% of Portfolio
|
|---|---|---|---|---|---|---|---|
| 74440W862 | (pipa070) Pgim Core Government Money Mar | — | 4.41 | 12/01/2099 | 393,779,090.00 | 393,779,089.00 | 1.92 |
| 91282CFZ9 | United States Treasury Note/bond | T | 3.88 | 11/30/2027 | 301,400,000.00 | 301,140,984.00 | 1.47 |
| 91282CNE7 | United States Treasury Note/bond | T | 3.88 | 05/31/2027 | 229,000,000.00 | 228,606,406.00 | 1.12 |
| 62482BAA0 | Medline Borrower Lp | MEDIND | 3.88 | 04/01/2029 | 179,227,000.00 | 170,918,376.00 | 0.83 |
| BL5159126 | Radiate Holdco Llc | RADIAT | 4.25 | 09/25/2029 | 182,602,786.00 | 157,875,264.00 | 0.77 |
| 25470XAY1 | DISH Dbs Corp | DISH | 7.75 | 07/01/2026 | 175,096,000.00 | 155,621,454.00 | 0.76 |
| 91282CMU2 | United States Treasury Note/bond | T | 4.0 | 03/31/2030 | 134,475,000.00 | 134,790,175.00 | 0.66 |
| B8A9598C3 | Ferrellgas Escrow Llc 3/30/31 Preferred | — | 8.96 | 03/30/2031 | 133,666,000.00 | 133,666,000.00 | 0.65 |
| 131347CN4 | Calpine Corp | CPN | 5.13 | 03/15/2028 | 127,898,000.00 | 127,272,697.00 | 0.62 |
| 69344A834 | PGIM Aaa Clo Etf | PAAA | — | — | 2,335,250.00 | 120,195,317.00 | 0.59 |
| 91282CMZ1 | United States Treasury Note/bond | T | 3.88 | 04/30/2030 | 120,000,000.00 | 119,643,750.00 | 0.58 |
| 91282CMH1 | United States Treasury Note/bond | T | 4.13 | 01/31/2027 | 117,625,000.00 | 117,739,868.00 | 0.57 |
| 91282CMV0 | United States Treasury Note/bond | T | 3.88 | 03/31/2027 | 115,000,000.00 | 114,770,898.00 | 0.56 |
| 91282CNG2 | United States Treasury Note/bond | T | 4.0 | 05/31/2030 | 115,000,000.00 | 115,278,515.00 | 0.56 |
| 88033GDR8 | Tenet Healthcare Corp | THC | 4.38 | 01/15/2030 | 118,417,000.00 | 113,898,958.00 | 0.56 |
| 23918KAT5 | Davita Inc | DVA | 3.75 | 02/15/2031 | 126,452,000.00 | 114,711,732.00 | 0.56 |
| 23918KAS7 | Davita Inc | DVA | 4.63 | 06/01/2030 | 112,794,000.00 | 107,642,880.00 | 0.53 |
| 92840VAF9 | Vistra Operations Co Llc | VST | 5.0 | 07/31/2027 | 109,462,000.00 | 108,916,187.00 | 0.53 |
| 146869AM4 | Carvana Co | CVNA | 14.0 | 06/01/2031 | 87,105,407.00 | 103,580,609.00 | 0.51 |
| BL4070472 | CSC Holdings Llc | CSCHLD | 8.81 | 01/18/2028 | 102,539,147.00 | 102,250,806.00 | 0.50 |
| 91282CMP3 | United States Treasury Note/bond | T | 4.13 | 02/28/2027 | 100,000,000.00 | 100,156,250.00 | 0.49 |
| 91282CET4 | United States Treasury Note/bond | T | 2.63 | 05/31/2027 | 100,565,000.00 | 98,184,437.00 | 0.48 |
| 880349AU9 | Tenneco Inc | TENINC | 8.0 | 11/17/2028 | 95,860,000.00 | 95,162,189.00 | 0.46 |
| 68245XAM1 | 1011778 Bc Ulc / New Red Finance Inc | BCULC | 4.0 | 10/15/2030 | 101,717,000.00 | 94,215,371.00 | 0.46 |
| 59155LAA0 | Mavis Tire Express Services Topco Corp | EOCGRO | 6.5 | 05/15/2029 | 92,754,000.00 | 91,677,302.00 | 0.45 |
| 35906ABF4 | Frontier Communications Holdings Llc | FYBR | 5.0 | 05/01/2028 | 92,061,000.00 | 92,013,528.00 | 0.45 |
| 05508WAB1 | B&G Foods Inc | BGS | 5.25 | 09/15/2027 | 101,650,000.00 | 90,177,519.00 | 0.44 |
| 31556TAC3 | Fertitta Entertainment Llc / Fertitta En | FRTITA | 6.75 | 01/15/2030 | 88,991,000.00 | 83,728,246.00 | 0.41 |
| 91327TAA9 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 10.5 | 02/15/2028 | 78,728,000.00 | 83,175,665.00 | 0.41 |
| 89616RAC3 | Trident Tpi Holdings Inc | TEKNI | 12.75 | 12/31/2028 | 73,268,000.00 | 78,340,208.00 | 0.38 |
| BSF1TY0 | Digicel Midco Ltd / Difl Us Ii Llc | DIGMID | 10.5 | 11/25/2028 | 76,292,536.00 | 77,246,192.00 | 0.38 |
| 12769GAA8 | Caesars Entertainment Inc | CZR | 4.63 | 10/15/2029 | 82,390,000.00 | 77,894,104.00 | 0.38 |
| 07556QBT1 | Beazer Homes Usa Inc | BZH | 7.25 | 10/15/2029 | 76,643,000.00 | 77,115,411.00 | 0.38 |
| 527298BV4 | Level 3 Financing Inc | LVLT | 11.0 | 11/15/2029 | 67,837,652.00 | 77,060,192.00 | 0.38 |
| 146869AN2 | Carvana Co | CVNA | 11.0 | 06/01/2030 | 72,440,913.00 | 75,779,759.00 | 0.37 |
| 36267QAA2 | CLUE Opco Llc | FWRD | 9.5 | 10/15/2031 | 70,046,000.00 | 74,278,444.00 | 0.36 |
| 88033GDM9 | Tenet Healthcare Corp | THC | 4.25 | 06/01/2029 | 75,628,000.00 | 72,958,092.00 | 0.36 |
| 92332YAC5 | Venture Global Lng Inc | VENLNG | 9.5 | 02/01/2029 | 67,507,000.00 | 73,605,778.00 | 0.36 |
| BSF1TT5 | Digicel Intermediate Holdings Ltd / Digi | DIINFL | 11.25 | 05/25/2027 | 71,254,962.00 | 71,308,403.00 | 0.35 |
| 131347CQ7 | Calpine Corp | CPN | 5.0 | 02/01/2031 | 71,606,000.00 | 70,861,942.00 | 0.35 |
| 00489LAK9 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 8.25 | 02/01/2029 | 70,325,000.00 | 72,642,832.00 | 0.35 |
| BL4622678 | Lumen Technologies Inc | LUMN | 6.79 | 04/15/2029 | 70,156,111.00 | 69,717,635.00 | 0.34 |
| 92840MAC6 | Vistra Corp | VST | 7.0 | 06/15/2174 | 68,094,000.00 | 68,729,731.00 | 0.34 |
| BL4645844 | Doncasters Finance Us Llc | DONCAS | 10.8 | 04/23/2030 | 67,505,500.00 | 68,180,555.00 | 0.33 |
| 126307AQ0 | CSC Holdings Llc | CSCHLD | 5.5 | 04/15/2027 | 69,025,000.00 | 66,832,048.00 | 0.33 |
| 25259KAA8 | Olympus Water Us Holding Corp | SOLEIN | 9.75 | 11/15/2028 | 64,325,000.00 | 67,463,375.00 | 0.33 |
| 579063AB4 | Mcafee Corp | MCFE | 7.38 | 02/15/2030 | 73,451,000.00 | 68,169,508.00 | 0.33 |
| 978097AG8 | Wolverine World Wide Inc | WWW | 4.0 | 08/15/2029 | 73,303,000.00 | 66,045,501.00 | 0.32 |
| 92332YAF8 | Venture Global Lng Inc | VENLNG | 9.0 | 03/30/2173 | 64,965,000.00 | 64,955,903.00 | 0.32 |
| 92332YAD3 | Venture Global Lng Inc | VENLNG | 9.88 | 02/01/2032 | 58,010,000.00 | 62,591,331.00 | 0.31 |
| G2770C100 | Digicel Intl Fin Ltd Common Equity | — | — | — | 7,820,619.00 | 62,564,952.00 | 0.31 |
| SWZ9707Z0K | ICE: (cdx.na.hy.44.v1) | — | 5.0 | 06/20/2030 | 822,860,000.00 | 63,449,201.00 | 0.31 |
| 53219LAU3 | Lifepoint Health Inc | RGCARE | 5.38 | 01/15/2029 | 67,564,000.00 | 63,437,751.00 | 0.31 |
| 11283YAD2 | Brookfield Residential Properties Inc / | BRPCN | 4.88 | 02/15/2030 | 69,321,000.00 | 62,840,872.00 | 0.31 |
| 143658BQ4 | Carnival Corp | CCL | 4.0 | 08/01/2028 | 64,596,000.00 | 62,493,367.00 | 0.30 |
| 63861CAD1 | Nationstar Mortgage Holdings Inc | COOP | 5.13 | 12/15/2030 | 61,732,000.00 | 62,112,071.00 | 0.30 |
| 57701RAM4 | Mattamy Group Corp | MATHOM | 4.63 | 03/01/2030 | 63,135,000.00 | 60,438,504.00 | 0.29 |
| 071734AJ6 | Bausch Health Cos Inc | BHCCN | 5.25 | 01/30/2030 | 92,271,000.00 | 59,053,440.00 | 0.29 |
| BL3572783 | First Brands Group Llc | TRICGR | 13.04 | 03/30/2028 | 63,710,906.00 | 59,569,697.00 | 0.29 |
| 911365BG8 | United Rentals North America Inc | URI | 4.88 | 01/15/2028 | 59,499,000.00 | 59,136,902.00 | 0.29 |
| 92840VAB8 | Vistra Operations Co Llc | VST | 5.63 | 02/15/2027 | 57,680,000.00 | 57,610,678.00 | 0.28 |
| B8AB393F8 | TPC Group Rights | — | — | — | 2,374,523.00 | 56,543,328.00 | 0.28 |
| BL4871903 | Acrisure Llc | ACRISU | 7.33 | 11/06/2030 | 57,448,751.00 | 57,341,034.00 | 0.28 |
| B8AC2XVL0 | Heritage Pwr Llc | — | — | — | 846,791.00 | 55,217,970.00 | 0.27 |
| 00653VAC5 | Adapthealth Llc | ADAHEA | 4.63 | 08/01/2029 | 58,426,000.00 | 54,758,383.00 | 0.27 |
| 12769GAB6 | Caesars Entertainment Inc | CZR | 7.0 | 02/15/2030 | 52,667,000.00 | 54,331,389.00 | 0.27 |
| 18453HAA4 | Clear Channel Outdoor Holdings Inc | CCO | 5.13 | 08/15/2027 | 54,150,000.00 | 54,075,784.00 | 0.26 |
| 315293308 | Ferrellgas Partners Lp | FGPRB | — | — | 402,445.00 | 53,202,947.00 | 0.26 |
| 126307BD8 | CSC Holdings Llc | CSCHLD | 4.63 | 12/01/2030 | 115,940,000.00 | 54,215,045.00 | 0.26 |
| 552953CH2 | MGM Resorts International | MGM | 4.75 | 10/15/2028 | 53,292,000.00 | 52,621,661.00 | 0.26 |
| 445587AE8 | HUNT Cos Inc | HUNTCO | 5.25 | 04/15/2029 | 54,871,000.00 | 53,764,737.00 | 0.26 |
| 707569AS8 | PENN Entertainment Inc | PENN | 5.63 | 01/15/2027 | 54,299,000.00 | 54,030,903.00 | 0.26 |
| 77340RAM9 | Rockies Express Pipeline Llc | ROCKIE | 6.88 | 04/15/2040 | 53,843,000.00 | 54,315,870.00 | 0.26 |
| 810186AX4 | Scotts Miracle-gro Co/the | SMG | 4.0 | 04/01/2031 | 58,993,000.00 | 53,896,251.00 | 0.26 |
| 90932LAG2 | United Airlines Inc | UAL | 4.38 | 04/15/2026 | 52,677,000.00 | 52,358,453.00 | 0.26 |
| 893830BY4 | Transocean Inc | RIG | 8.25 | 05/15/2029 | 56,545,000.00 | 53,155,692.00 | 0.26 |
| 853496AG2 | Standard Industries Inc/ny | BMCAUS | 4.38 | 07/15/2030 | 53,501,000.00 | 50,655,625.00 | 0.25 |
| 92676XAD9 | Viking Cruises Ltd | VIKCRU | 5.88 | 09/15/2027 | 50,767,000.00 | 50,513,165.00 | 0.25 |
| 77311WAA9 | Rocket Cos Inc | RKT | 6.13 | 08/01/2030 | 50,500,000.00 | 51,245,496.00 | 0.25 |
| 74843PAA8 | Quikrete Holdings Inc | QUIKHO | 6.38 | 03/01/2032 | 47,210,000.00 | 48,452,705.00 | 0.24 |
| 449691AC8 | Iliad Holding Sasu | ILDFP | 7.0 | 10/15/2028 | 49,040,000.00 | 49,604,940.00 | 0.24 |
| 019576AD9 | Allied Universal Holdco Llc | UNSEAM | 7.88 | 02/15/2031 | 46,625,000.00 | 48,898,185.00 | 0.24 |
| 25381MAA5 | Digicel International Finance Ltd / Difl | DIGDIF | 8.63 | 08/01/2032 | 48,350,000.00 | 48,702,955.00 | 0.24 |
| 00253XAB7 | American Airlines Inc/aadvantage Loyalty | AAL | 5.75 | 04/20/2029 | 47,500,000.00 | 47,279,600.00 | 0.23 |
| 12687GAA7 | Cablevision Lightpath Llc | CVLGHT | 3.88 | 09/15/2027 | 47,650,000.00 | 47,169,433.00 | 0.23 |
| 70932MAB3 | Pennymac Financial Services Inc | PFSI | 4.25 | 02/15/2029 | 49,570,000.00 | 47,514,607.00 | 0.23 |
| 62957HAP0 | Nabors Industries Inc | NBR | 9.13 | 01/31/2030 | 47,570,000.00 | 47,123,335.00 | 0.23 |
| 91282CKY6 | United States Treasury Note/bond | T | 4.63 | 06/30/2026 | 48,000,000.00 | 48,170,625.00 | 0.23 |
| 87470LAD3 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 5.5 | 01/15/2028 | 46,567,000.00 | 46,191,327.00 | 0.23 |
| BL4063485 | Altice Financing Sa | ALTICE | 9.26 | 10/31/2027 | 55,053,829.00 | 47,845,190.00 | 0.23 |
| 97381AAA0 | Windstream Services Llc / Windstream Esc | WIN | 8.25 | 10/01/2031 | 42,930,000.00 | 44,978,214.00 | 0.22 |
| 63938CAK4 | Navient Corp | NAVI | 5.0 | 03/15/2027 | 46,200,000.00 | 45,684,452.00 | 0.22 |
| 70082LAA5 | PARK River Holdings Inc | PRIMBP | 5.63 | 02/01/2029 | 52,402,000.00 | 45,270,554.00 | 0.22 |
| 74165HAC2 | Prime Healthcare Services Inc | PRIHEA | 9.38 | 09/01/2029 | 46,210,000.00 | 45,909,503.00 | 0.22 |
| 443628AJ1 | Hudbay Minerals Inc | HBMCN | 4.5 | 04/01/2026 | 44,707,000.00 | 44,264,847.00 | 0.22 |
| 431318AS3 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.25 | 11/01/2028 | 45,198,000.00 | 45,402,107.00 | 0.22 |
| 57763RAD9 | Mauser Packaging Solutions Holding Co | BWY | 7.88 | 04/15/2027 | 45,560,000.00 | 46,048,046.00 | 0.22 |
| 22303XAA3 | Reworld Holding Corp | CVA | 4.88 | 12/01/2029 | 47,056,000.00 | 44,878,753.00 | 0.22 |
| 131347CP9 | Calpine Corp | CPN | 4.63 | 02/01/2029 | 43,590,000.00 | 42,844,989.00 | 0.21 |
| 172967MV0 | Citigroup Inc | C | 3.88 | 05/18/2174 | 42,635,000.00 | 42,116,504.00 | 0.21 |
| 36168QAP9 | GFL Environmental Inc | GFLCN | 4.38 | 08/15/2029 | 43,706,000.00 | 42,240,100.00 | 0.21 |
| 35908MAB6 | Frontier Communications Holdings Llc | FYBR | 6.0 | 01/15/2030 | 42,013,000.00 | 42,508,287.00 | 0.21 |
| 33834YAB4 | FIVE Point Operating Co Lp / Five Point | FPH | 10.5 | 01/15/2028 | 43,384,537.00 | 43,823,117.00 | 0.21 |
| 1248EPBX0 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.0 | 02/01/2028 | 43,236,000.00 | 42,444,070.00 | 0.21 |
| 07556QBR5 | Beazer Homes Usa Inc | BZH | 5.88 | 10/15/2027 | 43,153,000.00 | 43,043,696.00 | 0.21 |
| 019576AC1 | Allied Universal Holdco Llc / Allied Uni | UNSEAM | 6.0 | 06/01/2029 | 44,110,000.00 | 42,905,941.00 | 0.21 |
| 04364VAK9 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 9.0 | 11/01/2027 | 34,723,000.00 | 42,248,024.00 | 0.21 |
| 55342UAM6 | MPT Operating Partnership Lp / Mpt Finan | MPW | 3.5 | 03/15/2031 | 64,211,000.00 | 43,868,935.00 | 0.21 |
| 35906ABE7 | Frontier Communications Holdings Llc | FYBR | 5.88 | 10/15/2027 | 43,589,000.00 | 43,599,822.00 | 0.21 |
| 70137WAG3 | Parkland Corp | PKICN | 4.5 | 10/01/2029 | 44,455,000.00 | 42,851,952.00 | 0.21 |
| 69356MAA4 | PM General Purchaser Llc | AMGENE | 9.5 | 10/01/2028 | 55,821,000.00 | 43,390,180.00 | 0.21 |
| 654922AB9 | Nissan Motor Co Ltd | NSANY | 7.5 | 07/17/2030 | 40,960,000.00 | 42,240,000.00 | 0.21 |
| B8AC6L2G5 | Hurricane Cleanco Limited | — | 6.25 | 10/31/2029 | 31,589,712.00 | 42,970,521.00 | 0.21 |
| BL4047090 | Tenneco Inc | TENINC | 9.17 | 11/17/2028 | 42,748,423.00 | 42,080,479.00 | 0.21 |
| BL5176344 | Digicel International Finance Ltd | DLLTD | 5.25 | 07/30/2032 | 43,400,000.00 | 43,291,500.00 | 0.21 |
| 88033GAV2 | Tenet Healthcare Corp | THC | 6.88 | 11/15/2031 | 40,341,000.00 | 42,952,183.00 | 0.21 |
| 92840MAB8 | Vistra Corp | VST | 8.0 | 04/15/2174 | 42,819,000.00 | 43,686,822.00 | 0.21 |
| 914906BA9 | Univision Communications Inc | UVN | 9.38 | 08/01/2032 | 39,045,000.00 | 40,514,747.00 | 0.20 |
| 852060AT9 | Sprint Capital Corp | S | 8.75 | 03/15/2032 | 33,753,000.00 | 40,779,526.00 | 0.20 |
| BL4600518 | Connect Finco Sarl | IMASF | 8.83 | 09/27/2029 | 41,621,393.00 | 40,710,924.00 | 0.20 |
| B8ADAMRM6 | International Park Hldgs Bv | — | 7.54 | 12/31/2031 | 36,900,000.00 | 41,740,172.00 | 0.20 |
| 682691AJ9 | Onemain Finance Corp | OMF | 6.75 | 03/15/2032 | 40,737,000.00 | 41,319,837.00 | 0.20 |
| 68622TAB7 | Organon & Co / Organon Foreign Debt Co-i | OGN | 5.13 | 04/30/2031 | 48,259,000.00 | 41,743,466.00 | 0.20 |
| 76883NAA9 | Rivers Enterprise Borrower Llc / Rivers | RIVENT | 6.63 | 02/01/2033 | 40,715,000.00 | 41,097,682.00 | 0.20 |
| 780153BG6 | Royal Caribbean Cruises Ltd | RCL | 5.5 | 04/01/2028 | 41,286,000.00 | 41,722,380.00 | 0.20 |
| 443628AH5 | Hudbay Minerals Inc | HBMCN | 6.13 | 04/01/2029 | 41,755,000.00 | 41,985,487.00 | 0.20 |
| 44267DAD9 | Howard Hughes Corp/the | HHH | 5.38 | 08/01/2028 | 40,335,000.00 | 40,096,589.00 | 0.20 |
| 44267DAE7 | Howard Hughes Corp/the | HHH | 4.13 | 02/01/2029 | 43,625,000.00 | 41,621,842.00 | 0.20 |
| 552953CF6 | MGM Resorts International | MGM | 5.5 | 04/15/2027 | 41,825,000.00 | 41,971,283.00 | 0.20 |
| 535219AA7 | Lindblad Expeditions Holdings Inc | LIND | 9.0 | 05/15/2028 | 40,200,000.00 | 41,901,450.00 | 0.20 |
| 50168AAA8 | LABL Inc | LABL | 10.5 | 07/15/2027 | 43,141,000.00 | 40,670,034.00 | 0.20 |
| 00081TAK4 | ACCO Brands Corp | ACCO | 4.25 | 03/15/2029 | 45,205,000.00 | 40,041,880.00 | 0.20 |
| 08949LAB6 | BIG River Steel Llc / Brs Finance Corp | BIGBRS | 6.63 | 01/31/2029 | 41,126,000.00 | 41,109,144.00 | 0.20 |
| 103304BV2 | BOYD Gaming Corp | BYD | 4.75 | 06/15/2031 | 43,390,000.00 | 41,337,592.00 | 0.20 |
| 346232AE1 | Forestar Group Inc | FOR | 5.0 | 03/01/2028 | 41,915,000.00 | 41,549,412.00 | 0.20 |
| 364760AQ1 | GAP Inc/the | GAP | 3.88 | 10/01/2031 | 44,099,000.00 | 39,183,997.00 | 0.19 |
| 146869AL6 | Carvana Co | CVNA | 9.0 | 12/01/2028 | 38,452,707.00 | 39,389,040.00 | 0.19 |
| 18453HAE6 | Clear Channel Outdoor Holdings Inc | CCO | 9.0 | 09/15/2028 | 36,200,000.00 | 37,941,274.00 | 0.19 |
| 097751BX8 | Bombardier Inc | BBDBCN | 6.0 | 02/15/2028 | 39,209,000.00 | 39,356,033.00 | 0.19 |
| 527298CM3 | Level 3 Financing Inc | LVLT | 6.88 | 06/30/2033 | 37,500,000.00 | 38,045,369.00 | 0.19 |
| 57779EAA6 | Maxim Crane Works Holdings Capital Llc | CLDCRN | 11.5 | 09/01/2028 | 35,900,000.00 | 38,075,956.00 | 0.19 |
| 59833DAB6 | Midwest Gaming Borrower Llc / Midwest Ga | MWGAME | 4.88 | 05/01/2029 | 41,279,000.00 | 39,785,166.00 | 0.19 |
| 629377CU4 | NRG Energy Inc | NRG | 10.25 | 09/15/2173 | 36,169,000.00 | 39,895,133.00 | 0.19 |
| 77313LAA1 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 2.88 | 10/15/2026 | 40,034,000.00 | 39,045,673.00 | 0.19 |
| 75026JAH3 | Radiate Holdco Llc / Radiate Finance Inc | RADIAT | 9.25 | 03/25/2030 | 55,992,920.00 | 39,196,385.00 | 0.19 |
| 737446AQ7 | POST Holdings Inc | POST | 4.63 | 04/15/2030 | 41,306,000.00 | 39,457,127.00 | 0.19 |
| 681639AB6 | Olympus Water Us Holding Corp | SOLEIN | 6.25 | 10/01/2029 | 40,068,000.00 | 38,343,217.00 | 0.19 |
| 654922AC7 | Nissan Motor Co Ltd | NSANY | 7.75 | 07/17/2032 | 38,470,000.00 | 39,829,145.00 | 0.19 |
| 98313RAH9 | WYNN Macau Ltd | WYNMAC | 5.63 | 08/26/2028 | 38,710,000.00 | 38,288,061.00 | 0.19 |
| 92921EAA0 | Voyager Parent Llc | EVRI | 9.25 | 07/01/2032 | 36,050,000.00 | 38,144,297.00 | 0.19 |
| 92769XAP0 | Virgin Media Secured Finance Plc | VMED | 5.5 | 05/15/2029 | 38,418,000.00 | 37,514,408.00 | 0.18 |
| BL3652478 | Skillsoft Finance Ii Inc | SKIL | 9.69 | 07/14/2028 | 39,300,003.00 | 36,475,315.00 | 0.18 |
| 62886HBG5 | NCL Corp Ltd | NCLH | 7.75 | 02/15/2029 | 35,280,000.00 | 37,305,777.00 | 0.18 |
| 50190EAA2 | LCM Investments Holdings Ii Llc | MAGLLC | 4.88 | 05/01/2029 | 38,586,000.00 | 37,499,869.00 | 0.18 |
| 05552BAA4 | LBM Acquisition Llc | USLBMH | 6.25 | 01/15/2029 | 42,395,000.00 | 37,212,798.00 | 0.18 |
| 00175PAC7 | AMN Healthcare Inc | AMN | 4.0 | 04/15/2029 | 39,902,000.00 | 36,650,257.00 | 0.18 |
| 019579AA9 | Allied Universal Holdco Llc/allied Unive | UNSEAM | 4.63 | 06/01/2028 | 37,258,000.00 | 36,140,260.00 | 0.18 |
| 02154CAJ2 | Altice Financing Sa | ALTICE | 9.63 | 07/15/2027 | 40,113,000.00 | 36,834,965.00 | 0.18 |
| 044209AM6 | Ashland Inc | ASH | 6.88 | 05/15/2043 | 36,370,000.00 | 37,700,597.00 | 0.18 |
| 049362AA4 | Allied Universal Holdco Llc/allied Unive | UNSEAM | 4.63 | 06/01/2028 | 37,256,000.00 | 36,126,398.00 | 0.18 |
| 35640YAJ6 | Freedom Mortgage Corp | FREMOR | 6.63 | 01/15/2027 | 37,139,000.00 | 37,153,953.00 | 0.18 |
| 278768AA4 | Echostar Corp | SATS | 6.75 | 11/30/2030 | 38,447,666.00 | 36,436,511.00 | 0.18 |
| 25470XBD6 | DISH Dbs Corp | DISH | 5.13 | 06/01/2029 | 46,994,000.00 | 34,277,600.00 | 0.17 |
| 21873SAB4 | Coreweave Inc | CRWV | 9.25 | 06/01/2030 | 34,305,000.00 | 34,479,341.00 | 0.17 |
| 00653VAE1 | Adapthealth Llc | ADAHEA | 5.13 | 03/01/2030 | 37,107,000.00 | 34,882,747.00 | 0.17 |
| 05606FAN3 | BX Trust 2019-oc11 | BX | 3.94 | 12/09/2041 | 37,328,000.00 | 34,095,253.00 | 0.17 |
| 1248EPCN1 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 4.5 | 05/01/2032 | 38,795,000.00 | 35,204,284.00 | 0.17 |
| 55903VBU6 | Warnermedia Holdings Inc | WBD | 5.14 | 03/15/2052 | 57,052,000.00 | 35,305,168.00 | 0.17 |
| 670001AE6 | Novelis Corp | HNDLIN | 4.75 | 01/30/2030 | 35,450,000.00 | 33,963,530.00 | 0.17 |
| 70932MAG2 | Pennymac Financial Services Inc | PFSI | 6.88 | 05/15/2032 | 34,186,000.00 | 34,841,107.00 | 0.17 |
| 79546VAQ9 | Sally Holdings Llc / Sally Capital Inc | SBH | 6.75 | 03/01/2032 | 34,043,000.00 | 34,957,449.00 | 0.17 |
| 810186AW6 | Scotts Miracle-gro Co/the | SMG | 4.38 | 02/01/2032 | 38,775,000.00 | 35,219,914.00 | 0.17 |
| 92564RAB1 | VICI Properties Lp / Vici Note Co Inc | VICI | 4.63 | 12/01/2029 | 36,481,000.00 | 35,768,702.00 | 0.17 |
| 91327BAA8 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 6.5 | 02/15/2029 | 35,578,000.00 | 34,607,977.00 | 0.17 |
| 82088KAK4 | SHEA Homes Lp / Shea Homes Funding Corp | SHEAHM | 4.75 | 02/15/2028 | 36,510,000.00 | 35,716,362.00 | 0.17 |
| 864486AK1 | Suburban Propane Partners Lp/suburban En | SPH | 5.88 | 03/01/2027 | 33,961,000.00 | 33,837,973.00 | 0.17 |
| 893647BU0 | Transdigm Inc | TDG | 6.38 | 03/01/2029 | 34,125,000.00 | 34,931,647.00 | 0.17 |
| 87265HAG4 | TRI Pointe Homes Inc | TPH | 5.7 | 06/15/2028 | 32,042,000.00 | 32,374,417.00 | 0.16 |
| BL3674951 | Asurion Llc | ASUCOR | 9.69 | 01/20/2029 | 33,945,000.00 | 31,830,498.00 | 0.16 |
| B8AC5MQN3 | Diamond Sports Grp Llc- Cs | — | — | — | 2,401,128.00 | 32,215,934.00 | 0.16 |
| 983133AA7 | WYNN Resorts Finance Llc / Wynn Resorts | WYNFIN | 5.13 | 10/01/2029 | 32,036,000.00 | 31,779,308.00 | 0.16 |
| BNZHNG3 | Bellis Acquisition Co Plc | ASSDLN | 8.13 | 05/14/2030 | 26,500,000.00 | 33,214,116.00 | 0.16 |
| BL4883627 | Mcafee Corp | MCFE | 7.33 | 03/01/2029 | 33,797,552.00 | 32,403,403.00 | 0.16 |
| 81721MAM1 | Diversified Healthcare Trust | DHC | 4.75 | 02/15/2028 | 34,754,000.00 | 32,211,108.00 | 0.16 |
| 78500AAA6 | SWF Holdings I Corp | SPRIND | 6.5 | 10/01/2029 | 84,380,000.00 | 32,057,560.00 | 0.16 |
| 74841CAB7 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 3.88 | 03/01/2031 | 36,133,000.00 | 33,330,755.00 | 0.16 |
| 63938CAL2 | Navient Corp | NAVI | 4.88 | 03/15/2028 | 33,921,000.00 | 33,087,526.00 | 0.16 |
| 57701RAJ1 | Mattamy Group Corp | MATHOM | 5.25 | 12/15/2027 | 32,846,000.00 | 32,618,705.00 | 0.16 |
| 603051AE3 | Mineral Resources Ltd | MINAU | 9.25 | 10/01/2028 | 30,534,000.00 | 31,831,695.00 | 0.16 |
| 629377CE0 | NRG Energy Inc | NRG | 5.75 | 01/15/2028 | 32,025,000.00 | 32,077,575.00 | 0.16 |
| 50106GAJ1 | Kronos Acquisition Holdings Inc | KIKCN | 10.75 | 06/30/2032 | 49,183,000.00 | 32,837,029.00 | 0.16 |
| 384311AC0 | Graftech Finance Inc | EAF | 4.63 | 12/23/2029 | 44,487,000.00 | 32,145,007.00 | 0.16 |
| 42704LAF1 | HERC Holdings Inc | HRI | 7.0 | 06/15/2030 | 31,213,000.00 | 32,230,011.00 | 0.16 |
| 432833AN1 | Hilton Domestic Operating Co Inc | HLT | 3.63 | 02/15/2032 | 36,540,000.00 | 32,935,466.00 | 0.16 |
| 109641AK6 | Brinker International Inc | EAT | 8.25 | 07/15/2030 | 30,183,000.00 | 32,025,372.00 | 0.16 |
| 02154CAH6 | Altice Financing Sa | ALTICE | 5.75 | 08/15/2029 | 43,725,000.00 | 33,449,625.00 | 0.16 |
| 03690AAF3 | Antero Midstream Partners Lp / Antero Mi | AM | 5.75 | 01/15/2028 | 32,178,000.00 | 32,141,193.00 | 0.16 |
| 17888HAA1 | Civitas Resources Inc | CIVI | 8.38 | 07/01/2028 | 31,520,000.00 | 32,451,384.00 | 0.16 |
| 143658CA8 | Carnival Corp | CCL | 5.75 | 08/01/2032 | 32,325,000.00 | 32,543,840.00 | 0.16 |
| 25525PAB3 | Diversified Healthcare Trust | DHC | 4.38 | 03/01/2031 | 38,904,000.00 | 32,489,159.00 | 0.16 |
| 25470MAG4 | DISH Network Corp | DISH | 11.75 | 11/15/2027 | 31,800,000.00 | 33,110,508.00 | 0.16 |
| 278768AC0 | Echostar Corp | SATS | 10.75 | 11/30/2029 | 31,600,000.00 | 33,298,023.00 | 0.16 |
| 346232AG6 | Forestar Group Inc | FOR | 6.5 | 03/15/2033 | 33,295,000.00 | 33,438,916.00 | 0.16 |
| 350392AA4 | Foundation Building Materials Inc | FBM | 6.0 | 03/01/2029 | 33,861,000.00 | 31,770,375.00 | 0.15 |
| 366504AA6 | Garrett Motion Holdings Inc / Garrett Lx | GTX | 7.75 | 05/31/2032 | 28,930,000.00 | 30,070,881.00 | 0.15 |
| 205768AS3 | Comstock Resources Inc | CRK | 6.75 | 03/01/2029 | 32,042,000.00 | 31,767,105.00 | 0.15 |
| 03690AAH9 | Antero Midstream Partners Lp / Antero Mi | AM | 5.38 | 06/15/2029 | 30,897,000.00 | 30,614,763.00 | 0.15 |
| 02154CAF0 | Altice Financing Sa | ALTICE | 5.0 | 01/15/2028 | 37,200,000.00 | 29,771,160.00 | 0.15 |
| 00175PAB9 | AMN Healthcare Inc | AMN | 4.63 | 10/01/2027 | 31,160,000.00 | 30,457,767.00 | 0.15 |
| 42704LAA2 | HERC Holdings Inc | HRI | 5.5 | 07/15/2027 | 30,560,000.00 | 30,435,699.00 | 0.15 |
| 552953CJ8 | MGM Resorts International | MGM | 6.5 | 04/15/2032 | 30,795,000.00 | 31,297,791.00 | 0.15 |
| 553283AG7 | MPH Acquisition Holdings Llc | MLTPLN | 5.75 | 12/31/2030 | 37,935,858.00 | 31,222,098.00 | 0.15 |
| 68288AAA5 | 1261229 Bc Ltd | BHCCN | 10.0 | 04/15/2032 | 30,385,000.00 | 30,840,775.00 | 0.15 |
| 87724RAA0 | Taylor Morrison Communities Inc | TMHC | 5.88 | 06/15/2027 | 31,369,000.00 | 31,622,420.00 | 0.15 |
| 88830MAM4 | Titan International Inc | TWI | 7.0 | 04/30/2028 | 30,657,000.00 | 30,573,887.00 | 0.15 |
| 893647BY2 | Transdigm Inc | TDG | 6.38 | 05/31/2033 | 30,155,000.00 | 30,341,719.00 | 0.15 |
| 92840MAD4 | Vistra Corp | VST | 8.88 | 07/15/2174 | 28,025,000.00 | 30,386,541.00 | 0.15 |
| 92682RAA0 | Viking Ocean Cruises Ship Vii Ltd | VIKCRU | 5.63 | 02/15/2029 | 30,373,000.00 | 30,209,896.00 | 0.15 |
| 92840JAB5 | Vistajet Malta Finance Plc / Vista Manag | VSTJET | 6.38 | 02/01/2030 | 30,185,000.00 | 28,524,825.00 | 0.14 |
| 92841HAA0 | Vistajet Malta Finance Plc / Vista Manag | VSTJET | 9.5 | 06/01/2028 | 27,149,000.00 | 27,829,869.00 | 0.14 |
| 86765LAZ0 | Sunoco Lp / Sunoco Finance Corp | SUN | 4.5 | 04/30/2030 | 29,800,000.00 | 28,550,341.00 | 0.14 |
| 854938AA5 | STAR Leasing Co Llc | TRAILR | 7.63 | 02/15/2030 | 28,895,000.00 | 28,516,636.00 | 0.14 |
| 55305BAS0 | M/I Homes Inc | MHO | 4.95 | 02/01/2028 | 28,261,000.00 | 28,002,298.00 | 0.14 |
| 629571AB6 | Nabors Industries Ltd | NBR | 7.5 | 01/15/2028 | 31,943,000.00 | 29,400,976.00 | 0.14 |
| 431318AU8 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 5.75 | 02/01/2029 | 28,950,000.00 | 28,386,251.00 | 0.14 |
| 380355AN7 | Goeasy Ltd | GSYCN | 7.38 | 10/01/2030 | 27,645,000.00 | 28,106,947.00 | 0.14 |
| 44267DAF4 | Howard Hughes Corp/the | HHH | 4.38 | 02/01/2031 | 32,177,000.00 | 29,658,676.00 | 0.14 |
| 48666KAY5 | KB Home | KBH | 4.8 | 11/15/2029 | 29,269,000.00 | 28,549,284.00 | 0.14 |
| 02156LAH4 | Altice France Sa | SFRFP | 5.5 | 10/15/2029 | 32,008,000.00 | 27,706,764.00 | 0.14 |
| 053773BG1 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 4.75 | 04/01/2028 | 28,975,000.00 | 27,898,075.00 | 0.14 |
| 12687GAB5 | Cablevision Lightpath Llc | CVLGHT | 5.63 | 09/15/2028 | 29,753,000.00 | 29,631,372.00 | 0.14 |
| 19767QAS4 | HCA Inc | HCA | 7.75 | 07/15/2036 | 25,990,000.00 | 29,503,300.00 | 0.14 |
| 185899AN1 | Cleveland-cliffs Inc | CLF | 6.75 | 04/15/2030 | 28,560,000.00 | 28,393,929.00 | 0.14 |
| 16115QAF7 | Chart Industries Inc | GTLS | 7.5 | 01/01/2030 | 27,175,000.00 | 28,468,131.00 | 0.14 |
| 143658BY7 | Carnival Corp | CCL | 5.75 | 03/15/2030 | 26,023,000.00 | 26,397,080.00 | 0.13 |
| 185899AS0 | Cleveland-cliffs Inc | CLF | 7.5 | 09/15/2031 | 26,270,000.00 | 26,258,019.00 | 0.13 |
| 18972EAB1 | Clydesdale Acquisition Holdings Inc | NOVHOL | 8.75 | 04/15/2030 | 25,890,000.00 | 26,408,631.00 | 0.13 |
| 21925DAA7 | Cornerstone Building Brands Inc | CNR | 6.13 | 01/15/2029 | 35,523,000.00 | 26,116,323.00 | 0.13 |
| 35906ABG2 | Frontier Communications Holdings Llc | FYBR | 6.75 | 05/01/2029 | 25,500,000.00 | 25,750,031.00 | 0.13 |
| 097751BZ3 | Bombardier Inc | BBDBCN | 7.5 | 02/01/2029 | 25,172,000.00 | 26,132,311.00 | 0.13 |
| 03690AAD8 | Antero Midstream Partners Lp / Antero Mi | AM | 5.75 | 03/01/2027 | 26,130,000.00 | 26,146,520.00 | 0.13 |
| 032177AJ6 | Amsted Industries Inc | AMSIND | 4.63 | 05/15/2030 | 28,647,000.00 | 27,432,074.00 | 0.13 |
| 019576AF4 | Allied Universal Holdco Llc / Allied Uni | UNSEAM | 6.88 | 06/15/2030 | 25,735,000.00 | 26,367,047.00 | 0.13 |
| 465965AC5 | JB Poindexter & Co Inc | JBPOIN | 8.75 | 12/15/2031 | 25,340,000.00 | 25,875,980.00 | 0.13 |
| 681639AD2 | Olympus Water Us Holding Corp | SOLEIN | 7.25 | 06/15/2031 | 27,040,000.00 | 27,640,129.00 | 0.13 |
| 70137WAL2 | Parkland Corp | PKICN | 4.63 | 05/01/2030 | 28,475,000.00 | 27,232,066.00 | 0.13 |
| 749571AK1 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 6.5 | 04/01/2032 | 25,920,000.00 | 26,480,747.00 | 0.13 |
| 72147KAH1 | Pilgrim's Pride Corp | PPC | 3.5 | 03/01/2032 | 28,852,000.00 | 25,897,364.00 | 0.13 |
| 72147KAJ7 | Pilgrim's Pride Corp | PPC | 4.25 | 04/15/2031 | 27,663,000.00 | 26,438,154.00 | 0.13 |
| 77313LAB9 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 4.0 | 10/15/2033 | 30,090,000.00 | 26,639,797.00 | 0.13 |
| 829259BH2 | Sinclair Television Group Inc | SBGI | 8.13 | 02/15/2033 | 26,970,000.00 | 27,582,156.00 | 0.13 |
| 880779BA0 | Terex Corp | TEX | 5.0 | 05/15/2029 | 26,280,000.00 | 25,651,426.00 | 0.13 |
| 92840JAD1 | Vistajet Malta Finance Plc / Vista Manag | VSTJET | 7.88 | 05/01/2027 | 27,065,000.00 | 27,174,883.00 | 0.13 |
| 896522AJ8 | Trinity Industries Inc | TRN | 7.75 | 07/15/2028 | 25,330,000.00 | 26,375,384.00 | 0.13 |
| BL4949832 | Clarios Global Lp | POWSOL | 7.08 | 01/28/2032 | 27,175,000.00 | 27,186,331.00 | 0.13 |
| BL4799294 | Xplore Inc/nb | BARXPL | 6.09 | 10/24/2031 | 33,364,477.00 | 25,023,357.00 | 0.12 |
| 87724RAJ1 | Taylor Morrison Communities Inc | TMHC | 5.13 | 08/01/2030 | 24,014,000.00 | 23,671,354.00 | 0.12 |
| 83283WAE3 | Smyrna Ready Mix Concrete Llc | SMYREA | 8.88 | 11/15/2031 | 22,910,000.00 | 24,120,519.00 | 0.12 |
| 86828LAC6 | Superior Plus Lp / Superior General Part | SPBCN | 4.5 | 03/15/2029 | 25,680,000.00 | 24,423,220.00 | 0.12 |
| 861036AB7 | STL Holding Co Llc | DSLDHM | 8.75 | 02/15/2029 | 23,077,000.00 | 24,001,567.00 | 0.12 |
| 80874DAA4 | Scientific Games Holdings Lp/scientific | SCGALO | 6.63 | 03/01/2030 | 26,348,000.00 | 25,399,333.00 | 0.12 |
| 64083YAA9 | Nesco Holdings Ii Inc | NSCO | 5.5 | 04/15/2029 | 25,840,000.00 | 25,191,141.00 | 0.12 |
| 65505PAA5 | Noble Finance Ii Llc | NEFINA | 8.0 | 04/15/2030 | 23,385,000.00 | 23,790,808.00 | 0.12 |
| 47421MBJ1 | Jefferson Mill Clo Ltd | JEFFM | 5.56 | 10/20/2031 | 23,619,372.00 | 23,633,678.00 | 0.12 |
| 431318AV6 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.0 | 02/01/2031 | 26,190,000.00 | 25,284,068.00 | 0.12 |
| 62888HAA7 | NCL Finance Ltd | NCLH | 6.13 | 03/15/2028 | 24,269,000.00 | 24,516,543.00 | 0.12 |
| 55819JAN3 | Madison Park Funding Xxxiii Ltd | MDPK | 5.61 | 10/15/2032 | 24,838,642.00 | 24,868,448.00 | 0.12 |
| 041242AA6 | ARKO Corp | ARKO | 5.13 | 11/15/2029 | 31,157,000.00 | 25,545,729.00 | 0.12 |
| 097751CA7 | Bombardier Inc | BBDBCN | 8.75 | 11/15/2030 | 23,760,000.00 | 25,533,921.00 | 0.12 |
| 05508WAC9 | B&G Foods Inc | BGS | 8.0 | 09/15/2028 | 26,375,000.00 | 24,667,223.00 | 0.12 |
| 071734AM9 | Bausch Health Cos Inc | BHCCN | 5.0 | 02/15/2029 | 34,581,000.00 | 23,895,816.00 | 0.12 |
| 071734AN7 | Bausch Health Cos Inc | BHCCN | 4.88 | 06/01/2028 | 26,749,000.00 | 23,672,865.00 | 0.12 |
| 12543DBQ2 | Chs/community Health Systems Inc | CYH | 9.75 | 01/15/2034 | 23,980,000.00 | 24,134,506.00 | 0.12 |
| 335934AW5 | First Quantum Minerals Ltd | FMCN | 8.0 | 03/01/2033 | 23,914,000.00 | 24,631,420.00 | 0.12 |
| 345370BR0 | FORD Motor Co | F | 7.4 | 11/01/2046 | 24,152,000.00 | 25,145,838.00 | 0.12 |
| 284902AF0 | Eldorado Gold Corp | ELDCN | 6.25 | 09/01/2029 | 25,647,000.00 | 25,560,056.00 | 0.12 |
| 233104AA6 | DCLI Bidco Llc | DIRCHA | 7.75 | 11/15/2029 | 24,985,000.00 | 25,486,260.00 | 0.12 |
| 18972EAD7 | Clydesdale Acquisition Holdings Inc | NOVHOL | 6.75 | 04/15/2032 | 24,025,000.00 | 24,595,876.00 | 0.12 |
| 17888HAD5 | Civitas Resources Inc | CIVI | 9.63 | 06/15/2033 | 22,460,000.00 | 23,095,801.00 | 0.11 |
| 21873SAC2 | Coreweave Inc | CRWV | 9.0 | 02/01/2031 | 21,620,000.00 | 21,582,002.00 | 0.11 |
| 21925AAQ8 | Cornerstone Chemical Co Llc | CRNRCH | 10.0 | 05/07/2029 | 22,836,903.00 | 21,695,057.00 | 0.11 |
| 205768AT1 | Comstock Resources Inc | CRK | 5.88 | 01/15/2030 | 24,875,000.00 | 23,468,454.00 | 0.11 |
| 14985VAE1 | CCM Merger Inc | MOTOR | 6.38 | 05/01/2026 | 21,770,000.00 | 21,771,709.00 | 0.11 |
| 335934AV7 | First Quantum Minerals Ltd | FMCN | 9.38 | 03/01/2029 | 20,930,000.00 | 22,107,312.00 | 0.11 |
| 29977LAA9 | SK Invictus Intermediate Ii Sarl | PRM | 5.0 | 10/30/2029 | 24,130,000.00 | 23,479,696.00 | 0.11 |
| 34966MAA0 | Fortress Intermediate 3 Inc | PSDO | 7.5 | 06/01/2031 | 20,775,000.00 | 21,791,210.00 | 0.11 |
| 35640YAK3 | Freedom Mortgage Corp | FREMOR | 12.0 | 10/01/2028 | 21,700,000.00 | 23,201,099.00 | 0.11 |
| 35640YAL1 | Freedom Mortgage Corp | FREMOR | 12.25 | 10/01/2030 | 19,950,000.00 | 22,084,112.00 | 0.11 |
| 1248EPBR3 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.5 | 05/01/2026 | 22,685,000.00 | 22,647,524.00 | 0.11 |
| 05553LAA1 | BCPE Ulysses Intermediate Inc | USLBMH | 7.75 | 04/01/2027 | 22,850,000.00 | 22,846,111.00 | 0.11 |
| 031921AB5 | Amwins Group Inc | AMWINS | 4.88 | 06/30/2029 | 22,525,000.00 | 21,868,681.00 | 0.11 |
| 045086AP0 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 4.63 | 04/01/2030 | 23,447,000.00 | 22,046,292.00 | 0.11 |
| 00810GAD6 | Aethon United Br Lp / Aethon United Fina | AETUNI | 7.5 | 10/01/2029 | 21,104,000.00 | 22,105,278.00 | 0.11 |
| 02156LAA9 | Altice France Sa | SFRFP | 8.13 | 02/01/2027 | 23,469,000.00 | 21,855,975.00 | 0.11 |
| 62886EBA5 | NCR Voyix Corp | VYX | 5.13 | 04/15/2029 | 23,221,000.00 | 22,757,383.00 | 0.11 |
| 55337PAA0 | MIWD Holdco Ii Llc / Miwd Finance Corp | MIWIDO | 5.5 | 02/01/2030 | 23,430,000.00 | 22,359,048.00 | 0.11 |
| 553283AF9 | MPH Acquisition Holdings Llc | MLTPLN | 11.5 | 12/31/2030 | 23,691,713.00 | 23,396,362.00 | 0.11 |
| 422704AH9 | Hecla Mining Co | HL | 7.25 | 02/15/2028 | 21,415,000.00 | 21,627,470.00 | 0.11 |
| 462914AA0 | IRIS Holding Inc | ITPCN | 10.0 | 12/15/2028 | 23,298,000.00 | 21,662,002.00 | 0.11 |
| 469815AK0 | Jacobs Entertainment Inc | JACENT | 6.75 | 02/15/2029 | 24,010,000.00 | 23,399,645.00 | 0.11 |
| 45344LAC7 | Crescent Energy Finance Llc | CRGYFN | 9.25 | 02/15/2028 | 22,141,000.00 | 23,012,142.00 | 0.11 |
| 651229BE5 | Newell Brands Inc | NWL | 6.63 | 05/15/2032 | 24,624,000.00 | 23,557,407.00 | 0.11 |
| 63861CAA7 | Nationstar Mortgage Holdings Inc | COOP | 6.0 | 01/15/2027 | 23,295,000.00 | 23,319,161.00 | 0.11 |
| 69331CAM0 | PG&E Corp | PCG | 7.38 | 03/15/2055 | 23,825,000.00 | 22,985,569.00 | 0.11 |
| 817565CF9 | Service Corp International/us | SCI | 3.38 | 08/15/2030 | 24,185,000.00 | 22,014,678.00 | 0.11 |
| 780153BW1 | Royal Caribbean Cruises Ltd | RCL | 5.63 | 09/30/2031 | 21,781,000.00 | 21,941,101.00 | 0.11 |
| 85571BBE4 | Starwood Property Trust Inc | STWD | 6.5 | 10/15/2030 | 22,620,000.00 | 23,269,797.00 | 0.11 |
| 85571BBB0 | Starwood Property Trust Inc | STWD | 7.25 | 04/01/2029 | 20,795,000.00 | 21,771,913.00 | 0.11 |
| 89157UAA5 | Toucan Finco Ltd/toucan Finco Can Inc/to | TOUCAN | 9.5 | 05/15/2030 | 22,250,000.00 | 22,770,427.00 | 0.11 |
| 86765LAT4 | Sunoco Lp / Sunoco Finance Corp | SUN | 4.5 | 05/15/2029 | 23,108,000.00 | 22,356,096.00 | 0.11 |
| 911363AM1 | United Rentals North America Inc | URI | 3.88 | 02/15/2031 | 23,280,000.00 | 21,726,307.00 | 0.11 |
| 911365BP8 | United Rentals North America Inc | URI | 3.75 | 01/15/2032 | 24,383,000.00 | 22,189,399.00 | 0.11 |
| 922966AA4 | Venture Global Plaquemines Lng Llc | VEGLPL | 7.5 | 05/01/2033 | 21,236,000.00 | 22,931,763.00 | 0.11 |
| BL4756492 | Asurion Llc | ASUCOR | 8.58 | 09/19/2030 | 22,084,279.00 | 21,703,325.00 | 0.11 |
| 97360AAA5 | Windsor Holdings Iii Llc | UNVR | 8.5 | 06/15/2030 | 21,287,000.00 | 22,600,289.00 | 0.11 |
| BL4417558 | CLUE Opco Llc | FWRD | 8.78 | 12/19/2030 | 21,565,000.00 | 21,553,441.00 | 0.11 |
| BL4578458 | Consolidated Energy Fin Sa | CONSEN | 8.83 | 11/15/2030 | 22,887,000.00 | 21,570,997.00 | 0.11 |
| BL4454486 | Venator Finance Sarl | VNTR | 6.32 | 10/12/2028 | 30,448,991.00 | 21,314,293.00 | 0.10 |
| B8ADRJ0H5 | Clubcorp Holdings Inc | — | — | 04/30/2032 | 20,647,262.00 | 20,477,954.00 | 0.10 |
| 96350RAA2 | White Cap Buyer Llc | WHTCAP | 6.88 | 10/15/2028 | 19,835,000.00 | 19,791,643.00 | 0.10 |
| 98379JAA3 | RXO Inc | RXO | 7.5 | 11/15/2027 | 20,625,000.00 | 21,050,424.00 | 0.10 |
| B8AC8DDQ7 | Venator Fin Sarl | — | 6.31 | 12/31/2025 | 21,357,397.00 | 20,289,527.00 | 0.10 |
| BL4622694 | Lumen Technologies Inc | LUMN | 6.79 | 04/15/2030 | 20,979,059.00 | 20,834,827.00 | 0.10 |
| BL4808012 | TPC Group Inc | TPCG | 9.95 | 11/21/2031 | 20,339,025.00 | 19,525,464.00 | 0.10 |
| BL4938413 | Venator Finance Sarl | VNTR | 6.3 | 07/16/2026 | 21,474,462.00 | 20,400,739.00 | 0.10 |
| BMGB6F7 | Ardagh Packaging Finance Plc / Ardagh Ho | ARGID | 2.13 | 08/15/2026 | 18,975,000.00 | 21,466,527.00 | 0.10 |
| BL5118916 | Bingo Holdings I Llc | AGS | 4.75 | 06/14/2032 | 20,775,000.00 | 20,792,305.00 | 0.10 |
| 91845AAA3 | VZ Secured Financing Bv | ZIGGO | 5.0 | 01/15/2032 | 24,165,000.00 | 21,184,730.00 | 0.10 |
| 91327BAB6 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 4.75 | 04/15/2028 | 21,414,000.00 | 20,784,821.00 | 0.10 |
| 92676XAG2 | Viking Cruises Ltd | VIKCRU | 9.13 | 07/15/2031 | 18,735,000.00 | 20,162,794.00 | 0.10 |
| 92840VAH5 | Vistra Operations Co Llc | VST | 4.38 | 05/01/2029 | 21,375,000.00 | 20,715,305.00 | 0.10 |
| 82453AAB3 | Shift4 Payments Llc / Shift4 Payments Fi | FOUR | 6.75 | 08/15/2032 | 19,240,000.00 | 19,867,013.00 | 0.10 |
| 83613HAL1 | Sound Point Clo Xxi Ltd | SNDPT | 5.61 | 10/26/2031 | 19,778,524.00 | 19,806,261.00 | 0.10 |
| 853191AC8 | Standard Building Solutions Inc | BMCAUS | 6.25 | 08/01/2033 | 19,600,000.00 | 19,785,734.00 | 0.10 |
| 853496AC1 | Standard Industries Inc/ny | BMCAUS | 5.0 | 02/15/2027 | 20,632,000.00 | 20,631,866.00 | 0.10 |
| 85172FAR0 | Onemain Finance Corp | OMF | 5.38 | 11/15/2029 | 20,570,000.00 | 20,165,523.00 | 0.10 |
| 785712AK6 | Sable International Finance Ltd | CWCLN | 7.13 | 10/15/2032 | 19,659,000.00 | 19,647,794.00 | 0.10 |
| 80349BCD7 | Saratoga Investment Corp Clo 2013-1 Ltd | SARAT | 5.63 | 04/20/2033 | 21,372,158.00 | 21,396,687.00 | 0.10 |
| 81124LAN4 | Sculptor Clo Xxviii Ltd | SCUL | 5.39 | 01/20/2035 | 20,000,000.00 | 20,026,902.00 | 0.10 |
| 716964AA9 | PHH Escrow Issuer Llc/phh Corp | PHHESC | 9.88 | 11/01/2029 | 19,810,000.00 | 19,849,378.00 | 0.10 |
| 737446AR5 | POST Holdings Inc | POST | 4.5 | 09/15/2031 | 21,316,000.00 | 19,712,887.00 | 0.10 |
| 69354NAF3 | PRA Group Inc | PRAA | 8.88 | 01/31/2030 | 19,696,000.00 | 20,448,918.00 | 0.10 |
| 682691AA8 | Onemain Finance Corp | OMF | 4.0 | 09/15/2030 | 21,489,000.00 | 19,658,691.00 | 0.10 |
| 69331CAH1 | PG&E Corp | PCG | 5.0 | 07/01/2028 | 21,175,000.00 | 20,664,572.00 | 0.10 |
| 629377CS9 | NRG Energy Inc | NRG | 3.88 | 02/15/2032 | 22,128,000.00 | 20,210,719.00 | 0.10 |
| 45344LAD5 | Crescent Energy Finance Llc | CRGYFN | 7.63 | 04/01/2032 | 21,545,000.00 | 21,060,616.00 | 0.10 |
| 42704LAE4 | HERC Holdings Inc | HRI | 6.63 | 06/15/2029 | 20,200,000.00 | 20,685,374.00 | 0.10 |
| 536797AG8 | Lithia Motors Inc | LAD | 3.88 | 06/01/2029 | 20,725,000.00 | 19,587,264.00 | 0.10 |
| 527298BZ5 | Level 3 Financing Inc | LVLT | 10.75 | 12/15/2030 | 18,322,000.00 | 20,680,582.00 | 0.10 |
| 62886HBP5 | NCL Corp Ltd | NCLH | 6.25 | 03/01/2030 | 19,786,000.00 | 20,033,325.00 | 0.10 |
| 62886HBR1 | NCL Corp Ltd | NCLH | 6.75 | 02/01/2032 | 20,980,000.00 | 21,452,050.00 | 0.10 |
| 629377CQ3 | NRG Energy Inc | NRG | 3.38 | 02/15/2029 | 21,891,000.00 | 20,551,411.00 | 0.10 |
| 55939AAA5 | Magnera Corp | MAGN | 7.25 | 11/15/2031 | 21,300,000.00 | 20,078,554.00 | 0.10 |
| 00489LAL7 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 7.5 | 11/06/2030 | 18,931,000.00 | 19,555,372.00 | 0.10 |
| 04288BAC4 | Arsenal Aic Parent Llc | ARNC | 11.5 | 10/01/2031 | 18,513,000.00 | 20,597,304.00 | 0.10 |
| 045086AM7 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 4.63 | 08/01/2029 | 21,061,000.00 | 20,030,577.00 | 0.10 |
| 04624VAB5 | Assuredpartners Inc | ASSPAR | 5.63 | 01/15/2029 | 19,845,000.00 | 19,799,272.00 | 0.10 |
| 11283YAG5 | Brookfield Residential Properties Inc / | BRPCN | 5.0 | 06/15/2029 | 21,994,000.00 | 20,406,033.00 | 0.10 |
| 126307AS6 | CSC Holdings Llc | CSCHLD | 5.38 | 02/01/2028 | 22,356,000.00 | 20,567,676.00 | 0.10 |
| 35640YAH0 | Freedom Mortgage Corp | FREMOR | 7.63 | 05/01/2026 | 20,178,000.00 | 20,224,735.00 | 0.10 |
| 345397B77 | FORD Motor Credit Co Llc | F | 2.7 | 08/10/2026 | 21,212,000.00 | 20,691,646.00 | 0.10 |
| 29163VAG8 | Empire Communities Corp | EMPRCC | 9.75 | 05/01/2029 | 19,585,000.00 | 19,951,043.00 | 0.10 |
| 25470XBB0 | DISH Dbs Corp | DISH | 7.38 | 07/01/2028 | 27,285,000.00 | 20,937,195.00 | 0.10 |
| 13323NAA0 | Camelot Return Merger Sub Inc | CNR | 8.75 | 08/01/2028 | 21,845,000.00 | 20,087,141.00 | 0.10 |
| 18064PAD1 | Clarivate Science Holdings Corp | CLVTSC | 4.88 | 07/01/2029 | 20,786,000.00 | 19,495,860.00 | 0.10 |
| 18453HAD8 | Clear Channel Outdoor Holdings Inc | CCO | 7.5 | 06/01/2029 | 22,300,000.00 | 20,322,278.00 | 0.10 |
| 185899AR2 | Cleveland-cliffs Inc | CLF | 7.38 | 05/01/2033 | 18,691,000.00 | 18,227,618.00 | 0.09 |
| 22282EAJ1 | Reworld Holding Corp | CVA | 5.0 | 09/01/2030 | 19,219,000.00 | 18,242,000.00 | 0.09 |
| 165167735 | Expand Energy Corp | EXE | — | — | 179,317.00 | 18,788,835.00 | 0.09 |
| 29272WAD1 | Energizer Holdings Inc | ENR | 4.38 | 03/31/2029 | 18,822,000.00 | 17,850,057.00 | 0.09 |
| 29273VAM2 | Energy Transfer Lp | ET | 7.13 | 05/15/2174 | 17,145,000.00 | 17,539,954.00 | 0.09 |
| 335934AT2 | First Quantum Minerals Ltd | FMCN | 6.88 | 10/15/2027 | 18,834,000.00 | 18,810,457.00 | 0.09 |
| 335934AU9 | First Quantum Minerals Ltd | FMCN | 8.63 | 06/01/2031 | 17,700,000.00 | 18,363,750.00 | 0.09 |
| 36168QAL8 | GFL Environmental Inc | GFLCN | 4.0 | 08/01/2028 | 18,010,000.00 | 17,451,690.00 | 0.09 |
| 126307AY3 | CSC Holdings Llc | CSCHLD | 7.5 | 04/01/2028 | 23,472,000.00 | 18,990,560.00 | 0.09 |
| 126307BA4 | CSC Holdings Llc | CSCHLD | 5.75 | 01/15/2030 | 36,442,000.00 | 17,938,931.00 | 0.09 |
| 097751CD1 | Bombardier Inc | BBDBCN | 6.75 | 06/15/2033 | 18,435,000.00 | 18,895,875.00 | 0.09 |
| 11135RAA3 | Broadstreet Partners Inc | BROPAR | 5.88 | 04/15/2029 | 19,491,000.00 | 19,357,012.00 | 0.09 |
| 03969AAN0 | Ardagh Packaging Finance Plc / Ardagh Ho | ARGID | 4.13 | 08/15/2026 | 19,697,000.00 | 19,450,787.00 | 0.09 |
| 00653VAA9 | Adapthealth Llc | ADAHEA | 6.13 | 08/01/2028 | 18,083,000.00 | 18,009,487.00 | 0.09 |
| 00766TAE0 | AECOM | ACM | 6.0 | 08/01/2033 | 19,130,000.00 | 19,284,973.00 | 0.09 |
| 629377CR1 | NRG Energy Inc | NRG | 3.63 | 02/15/2031 | 20,528,000.00 | 18,789,965.00 | 0.09 |
| 629377CH3 | NRG Energy Inc | NRG | 5.25 | 06/15/2029 | 18,376,000.00 | 18,171,472.00 | 0.09 |
| 552953CK5 | MGM Resorts International | MGM | 6.13 | 09/15/2029 | 18,460,000.00 | 18,729,476.00 | 0.09 |
| 431318AZ7 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.25 | 04/15/2032 | 19,705,000.00 | 18,919,741.00 | 0.09 |
| 449691AG9 | Iliad Holding Sasu | ILDFP | 7.0 | 04/15/2032 | 18,000,000.00 | 18,427,500.00 | 0.09 |
| 46115HBQ9 | Intesa Sanpaolo Spa | ISPIM | 4.2 | 06/01/2032 | 20,671,000.00 | 19,142,406.00 | 0.09 |
| 48666KAZ2 | KB Home | KBH | 4.0 | 06/15/2031 | 19,356,000.00 | 17,756,253.00 | 0.09 |
| 49328K107 | Keycon Pwr Hldgs Llc | — | — | — | 788,740.00 | 18,361,867.00 | 0.09 |
| 654922AD5 | Nissan Motor Co Ltd | NSANY | 8.13 | 07/17/2035 | 17,995,000.00 | 18,894,750.00 | 0.09 |
| 681639AA8 | Olympus Water Us Holding Corp | SOLEIN | 4.25 | 10/01/2028 | 19,875,000.00 | 18,933,050.00 | 0.09 |
| 740212AM7 | Precision Drilling Corp | PDCN | 6.88 | 01/15/2029 | 19,185,000.00 | 19,145,670.00 | 0.09 |
| 82088KAJ7 | SHEA Homes Lp / Shea Homes Funding Corp | SHEAHM | 4.75 | 04/01/2029 | 19,834,000.00 | 19,157,295.00 | 0.09 |
| 77311WAB7 | Rocket Cos Inc | RKT | 6.38 | 08/01/2033 | 17,665,000.00 | 18,022,602.00 | 0.09 |
| 77340RAT4 | Rockies Express Pipeline Llc | ROCKIE | 4.8 | 05/15/2030 | 19,045,000.00 | 18,371,909.00 | 0.09 |
| 85172FAN9 | Onemain Finance Corp | OMF | 7.13 | 03/15/2026 | 18,011,000.00 | 18,222,752.00 | 0.09 |
| 845467AS8 | Expand Energy Corp | EXE | 5.38 | 03/15/2030 | 18,701,000.00 | 18,730,561.00 | 0.09 |
| 83304AAL0 | SNAP Inc | SNAP | 6.88 | 03/01/2033 | 18,740,000.00 | 19,205,362.00 | 0.09 |
| 864486AL9 | Suburban Propane Partners Lp/suburban En | SPH | 5.0 | 06/01/2031 | 19,757,000.00 | 18,558,328.00 | 0.09 |
| 86765KAB5 | Sunoco Lp | SUN | 7.0 | 05/01/2029 | 17,975,000.00 | 18,666,061.00 | 0.09 |
| 92328MAA1 | Venture Global Calcasieu Pass Llc | VENTGL | 3.88 | 08/15/2029 | 19,005,000.00 | 17,928,233.00 | 0.09 |
| 92328MAE3 | Venture Global Calcasieu Pass Llc | VENTGL | 6.25 | 01/15/2030 | 17,650,000.00 | 18,131,774.00 | 0.09 |
| 922966AB2 | Venture Global Plaquemines Lng Llc | VEGLPL | 7.75 | 05/01/2035 | 16,834,000.00 | 18,461,204.00 | 0.09 |
| 90932LAH0 | United Airlines Inc | UAL | 4.63 | 04/15/2029 | 19,924,000.00 | 19,445,803.00 | 0.09 |
| BL5042512 | Level 3 Financing Inc | LVLT | 8.58 | 03/29/2032 | 19,303,000.00 | 19,380,212.00 | 0.09 |
| L8176HAF7 | Intelsat Emergence Sa | — | — | — | 1,635,294.00 | 19,061,804.00 | 0.09 |
| 95081QAP9 | Wesco Distribution Inc | WCC | 7.25 | 06/15/2028 | 19,182,000.00 | 19,448,960.00 | 0.09 |
| 983133AC3 | WYNN Resorts Finance Llc / Wynn Resorts | WYNFIN | 7.13 | 02/15/2031 | 17,165,000.00 | 18,253,588.00 | 0.09 |
| 983133AD1 | WYNN Resorts Finance Llc / Wynn Resorts | WYNFIN | 6.25 | 03/15/2033 | 17,519,000.00 | 17,563,618.00 | 0.09 |
| B8ADV7QN5 | Cornerstone Chem Co | — | — | 05/02/2029 | 16,231,597.00 | 16,231,597.00 | 0.08 |
| BL4295970 | Viasat Inc | VSAT | 8.93 | 05/30/2030 | 16,380,539.00 | 16,057,023.00 | 0.08 |
| BL4584548 | Assuredpartners Inc | ASSPAR | 7.83 | 02/14/2031 | 16,957,071.00 | 16,984,320.00 | 0.08 |
| BL3925031 | IRIS Holding Inc | ITPCN | 9.13 | 06/28/2028 | 16,271,174.00 | 15,814,670.00 | 0.08 |
| 903522AA8 | UWM Holdings Llc | UWMC | 6.63 | 02/01/2030 | 16,000,000.00 | 16,017,246.00 | 0.08 |
| 914906AV4 | Univision Communications Inc | UVN | 4.5 | 05/01/2029 | 17,932,000.00 | 16,596,128.00 | 0.08 |
| 92332YAE1 | Venture Global Lng Inc | VENLNG | 7.0 | 01/15/2030 | 16,130,000.00 | 16,359,712.00 | 0.08 |
| 91832VAA2 | VOC Escrow Ltd | VIKCRU | 5.0 | 02/15/2028 | 16,450,000.00 | 16,254,080.00 | 0.08 |
| 92339LAA0 | Veritiv Operating Co | VRTV | 10.5 | 11/30/2030 | 15,315,000.00 | 16,604,074.00 | 0.08 |
| 853191AA2 | Standard Building Solutions Inc | BMCAUS | 6.5 | 08/15/2032 | 16,625,000.00 | 16,978,268.00 | 0.08 |
| 880779BB8 | Terex Corp | TEX | 6.25 | 10/15/2032 | 15,465,000.00 | 15,487,758.00 | 0.08 |
| 775631AD6 | Roller Bearing Co Of America Inc | RBC | 4.38 | 10/15/2029 | 16,098,000.00 | 15,498,695.00 | 0.08 |
| 703343AH6 | Patrick Industries Inc | PATK | 6.38 | 11/01/2032 | 16,240,000.00 | 16,242,822.00 | 0.08 |
| 682691AH3 | Onemain Finance Corp | OMF | 6.63 | 05/15/2029 | 16,300,000.00 | 16,645,057.00 | 0.08 |
| 70052LAD5 | PARK Intermediate Holdings Llc / Pk Dome | PK | 7.0 | 02/01/2030 | 15,125,000.00 | 15,499,174.00 | 0.08 |
| 69867DAC2 | Clarios Global Lp / Clarios Us Finance C | POWSOL | 8.5 | 05/15/2027 | 16,728,000.00 | 16,816,992.00 | 0.08 |
| 670001AG1 | Novelis Corp | HNDLIN | 3.25 | 11/15/2026 | 16,350,000.00 | 16,085,795.00 | 0.08 |
| 668771AM0 | GEN Digital Inc | GEN | 6.25 | 04/01/2033 | 16,680,000.00 | 17,007,910.00 | 0.08 |
| 645370AF4 | NEW Home Co Inc/the | NWHM | 9.25 | 10/01/2029 | 15,005,000.00 | 15,570,436.00 | 0.08 |
| 46150DAA0 | Inversion Escrow Issuer Llc | SOLEIN | 6.75 | 08/01/2032 | 15,975,000.00 | 15,780,153.00 | 0.08 |
| 469815AL8 | Jacobs Entertainment Inc | JACENT | 6.75 | 02/15/2029 | 16,535,000.00 | 16,166,587.00 | 0.08 |
| 45174HBM8 | Iheartcommunications Inc | IHRT | 7.75 | 08/15/2030 | 21,522,509.00 | 16,808,942.00 | 0.08 |
| 45344LAE3 | Crescent Energy Finance Llc | CRGYFN | 7.38 | 01/15/2033 | 17,094,000.00 | 16,366,152.00 | 0.08 |
| 42704LAG9 | HERC Holdings Inc | HRI | 7.25 | 06/15/2033 | 16,125,000.00 | 16,708,745.00 | 0.08 |
| 37954FAJ3 | Global Partners Lp / Glp Finance Corp | GLP | 6.88 | 01/15/2029 | 15,486,000.00 | 15,690,523.00 | 0.08 |
| 38016LAC9 | GO Daddy Operating Co Llc / Gd Finance C | GDDY | 3.5 | 03/01/2029 | 17,687,000.00 | 16,607,877.00 | 0.08 |
| 55609NAD0 | Macquarie Airfinance Holdings Ltd | MCAIRH | 6.5 | 03/26/2031 | 14,787,000.00 | 15,659,549.00 | 0.08 |
| 50168QAF2 | LABL Inc | LABL | 8.63 | 10/01/2031 | 20,825,000.00 | 17,277,783.00 | 0.08 |
| 50168QAC9 | LABL Inc | LABL | 5.88 | 11/01/2028 | 18,740,000.00 | 16,499,245.00 | 0.08 |
| 62886EAY4 | NCR Voyix Corp | VYX | 5.0 | 10/01/2028 | 17,670,000.00 | 17,374,843.00 | 0.08 |
| 576485AG1 | Matador Resources Co | MTDR | 6.5 | 04/15/2032 | 16,635,000.00 | 16,662,405.00 | 0.08 |
| 02352NAA7 | AMER Sports Co | AS | 6.75 | 02/16/2031 | 15,657,000.00 | 16,263,082.00 | 0.08 |
| 04364VAX1 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 6.63 | 10/15/2032 | 15,150,000.00 | 15,414,574.00 | 0.08 |
| 11283YAB6 | Brookfield Residential Properties Inc / | BRPCN | 6.25 | 09/15/2027 | 16,193,000.00 | 16,152,517.00 | 0.08 |
| 097751BV2 | Bombardier Inc | BBDBCN | 7.13 | 06/15/2026 | 17,411,000.00 | 17,400,118.00 | 0.08 |
| 05480AAA3 | Azorra Finance Ltd | AZORRA | 7.75 | 04/15/2030 | 16,305,000.00 | 16,977,581.00 | 0.08 |
| 07556QBU8 | Beazer Homes Usa Inc | BZH | 7.5 | 03/15/2031 | 16,350,000.00 | 16,519,578.00 | 0.08 |
| 35908MAA8 | Frontier Communications Holdings Llc | FYBR | 5.88 | 11/01/2029 | 15,425,000.00 | 15,564,648.00 | 0.08 |
| 36268NAA8 | Boost Newco Borrower Llc | WRLDPY | 7.5 | 01/15/2031 | 14,825,000.00 | 15,673,997.00 | 0.08 |
| 36170JAA4 | GGAM Finance Ltd | GGAMFI | 8.0 | 06/15/2028 | 16,500,000.00 | 17,393,310.00 | 0.08 |
| 36170JAC0 | GGAM Finance Ltd | GGAMFI | 8.0 | 02/15/2027 | 16,325,000.00 | 16,761,367.00 | 0.08 |
| 15853BAA9 | Champion Iron Canada Inc | CIACN | 7.88 | 07/15/2032 | 16,470,000.00 | 16,815,046.00 | 0.08 |
| 20752TAB0 | Connect Finco Sarl / Connect Us Finco Ll | ISATLN | 9.0 | 09/15/2029 | 16,430,000.00 | 16,594,300.00 | 0.08 |
| 21979LAB2 | Coronado Finance Pty Ltd | CRNAU | 9.25 | 10/01/2029 | 20,890,000.00 | 15,954,737.00 | 0.08 |
| 185899AP6 | Cleveland-cliffs Inc | CLF | 7.0 | 03/15/2032 | 16,075,000.00 | 15,678,211.00 | 0.08 |
| 185899AQ4 | Cleveland-cliffs Inc | CLF | 6.88 | 11/01/2029 | 16,560,000.00 | 16,565,976.00 | 0.08 |
| 163851AJ7 | Chemours Co/the | CC | 8.0 | 01/15/2033 | 14,620,000.00 | 13,601,871.00 | 0.07 |
| 172967PR6 | Citigroup Inc | C | 6.75 | 02/15/2173 | 13,910,000.00 | 13,969,606.00 | 0.07 |
| 17888HAC7 | Civitas Resources Inc | CIVI | 8.63 | 11/01/2030 | 13,305,000.00 | 13,583,674.00 | 0.07 |
| 131347CM6 | Calpine Corp | CPN | 4.5 | 02/15/2028 | 14,910,000.00 | 14,747,306.00 | 0.07 |
| 28228PAC5 | EG Global Finance Plc | EGBLFN | 12.0 | 11/30/2028 | 12,149,000.00 | 13,409,458.00 | 0.07 |
| 071734AH0 | Bausch Health Cos Inc | BHCCN | 5.0 | 01/30/2028 | 17,149,000.00 | 14,319,415.00 | 0.07 |
| 097751CB5 | Bombardier Inc | BBDBCN | 7.25 | 07/01/2031 | 13,940,000.00 | 14,554,475.00 | 0.07 |
| 071734AQ0 | Bausch Health Cos Inc | BHCCN | 11.0 | 09/30/2028 | 13,233,000.00 | 13,596,907.00 | 0.07 |
| 04364VBA0 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 6.63 | 07/15/2033 | 14,885,000.00 | 15,102,251.00 | 0.07 |
| 05464CAC5 | AXON Enterprise Inc | AXON | 6.13 | 03/15/2030 | 13,950,000.00 | 14,273,479.00 | 0.07 |
| 00737WAA7 | Adtalem Global Education Inc | ATGE | 5.5 | 03/01/2028 | 14,179,000.00 | 14,006,899.00 | 0.07 |
| 02128LAC0 | ALTA Equipment Group Inc | ALTG | 9.0 | 06/01/2029 | 14,860,000.00 | 14,114,173.00 | 0.07 |
| 018581AQ1 | Bread Financial Holdings Inc | BFH | 8.38 | 06/15/2035 | 14,190,000.00 | 14,662,576.00 | 0.07 |
| 59151LAA4 | Methanex Us Operations Inc | MXCN | 6.25 | 03/15/2032 | 13,758,000.00 | 13,635,942.00 | 0.07 |
| 62886HBN0 | NCL Corp Ltd | NCLH | 8.13 | 01/15/2029 | 13,025,000.00 | 13,656,321.00 | 0.07 |
| 62886HBE0 | NCL Corp Ltd | NCLH | 5.88 | 02/15/2027 | 14,686,000.00 | 14,674,985.00 | 0.07 |
| 527298CB7 | Level 3 Financing Inc | LVLT | 4.88 | 06/15/2029 | 15,778,000.00 | 14,833,370.00 | 0.07 |
| 527298CD3 | Level 3 Financing Inc | LVLT | 4.5 | 04/01/2030 | 17,070,000.00 | 15,359,371.00 | 0.07 |
| 37954FAK0 | Global Partners Lp / Glp Finance Corp | GLP | 8.25 | 01/15/2032 | 13,750,000.00 | 14,407,874.00 | 0.07 |
| 380355AM9 | Goeasy Ltd | GSYCN | 6.88 | 05/15/2030 | 14,545,000.00 | 14,600,125.00 | 0.07 |
| 398433AP7 | Griffon Corp | GFF | 5.75 | 03/01/2028 | 15,195,000.00 | 15,115,684.00 | 0.07 |
| 404119AJ8 | HCA Inc | HCA | 7.5 | 11/06/2033 | 11,800,000.00 | 13,362,949.00 | 0.07 |
| 384701AA6 | Graham Packaging Co Inc | GRMPAC | 7.13 | 08/15/2028 | 14,205,000.00 | 14,162,564.00 | 0.07 |
| 431318AY0 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.0 | 04/15/2030 | 13,886,000.00 | 13,662,011.00 | 0.07 |
| 432833AP6 | Hilton Domestic Operating Co Inc | HLT | 5.88 | 04/01/2029 | 13,360,000.00 | 13,574,175.00 | 0.07 |
| 47232MAF9 | Jefferies Finance Llc / Jfin Co-issuer C | JEFFIN | 5.0 | 08/15/2028 | 15,850,000.00 | 15,288,309.00 | 0.07 |
| 651229AY2 | Newell Brands Inc | NWL | 7.0 | 04/01/2046 | 15,750,000.00 | 13,504,699.00 | 0.07 |
| 62957HAQ8 | Nabors Industries Inc | NBR | 8.88 | 08/15/2031 | 16,660,000.00 | 13,365,466.00 | 0.07 |
| 682691AC4 | Onemain Finance Corp | OMF | 3.88 | 09/15/2028 | 14,724,000.00 | 14,043,100.00 | 0.07 |
| 74052HAB0 | Premier Entertainment Sub Llc / Premier | BALY | 5.88 | 09/01/2031 | 22,845,000.00 | 14,111,352.00 | 0.07 |
| 780153BK7 | Royal Caribbean Cruises Ltd | RCL | 5.38 | 07/15/2027 | 14,200,000.00 | 14,265,849.00 | 0.07 |
| 78466CAC0 | SS&C Technologies Inc | SSNC | 5.5 | 09/30/2027 | 15,200,000.00 | 15,200,767.00 | 0.07 |
| 87724RAB8 | Taylor Morrison Communities Inc | TMHC | 5.75 | 01/15/2028 | 13,944,000.00 | 14,075,196.00 | 0.07 |
| 893647BW6 | Transdigm Inc | TDG | 6.0 | 01/15/2033 | 14,725,000.00 | 14,806,712.00 | 0.07 |
| 893830BZ1 | Transocean Inc | RIG | 8.5 | 05/15/2031 | 16,445,000.00 | 15,101,772.00 | 0.07 |
| 85571BBD6 | Starwood Property Trust Inc | STWD | 6.5 | 07/01/2030 | 14,125,000.00 | 14,530,109.00 | 0.07 |
| 853496AH0 | Standard Industries Inc/ny | BMCAUS | 3.38 | 01/15/2031 | 16,229,000.00 | 14,502,588.00 | 0.07 |
| 85236FAA1 | Smyrna Ready Mix Concrete Llc | SMYREA | 6.0 | 11/01/2028 | 13,829,000.00 | 13,785,453.00 | 0.07 |
| 92676XAF4 | Viking Cruises Ltd | VIKCRU | 7.0 | 02/15/2029 | 14,225,000.00 | 14,334,532.00 | 0.07 |
| 922966AC0 | Venture Global Plaquemines Lng Llc | VEGLPL | 6.5 | 01/15/2034 | 14,120,000.00 | 14,523,520.00 | 0.07 |
| 922966AD8 | Venture Global Plaquemines Lng Llc | VEGLPL | 6.75 | 01/15/2036 | 14,120,000.00 | 14,523,633.00 | 0.07 |
| 91282CKS9 | United States Treasury Note/bond | T | 4.88 | 05/31/2026 | 15,000,000.00 | 15,074,414.00 | 0.07 |
| BL3838671 | Rainbow Uk Bidco Ltd | WELLAC | 8.7 | 02/23/2029 | 11,625,000.00 | 15,285,388.00 | 0.07 |
| 98313RAD8 | WYNN Macau Ltd | WYNMAC | 5.5 | 10/01/2027 | 14,965,000.00 | 14,908,881.00 | 0.07 |
| 963320BE5 | Whirlpool Corp | WHR | 6.5 | 06/15/2033 | 14,500,000.00 | 14,274,566.00 | 0.07 |
| 96208TAD6 | WEX Inc | WEX | 6.5 | 03/15/2033 | 13,452,000.00 | 13,628,459.00 | 0.07 |
| BLFHRK1 | Venator Materials Plc | VNTRF | — | — | 82,538.00 | 14,856,840.00 | 0.07 |
| BL4938314 | MAIN Street Sports Group | DSPORT | 12.0 | 01/02/2028 | 16,524,442.00 | 14,376,264.00 | 0.07 |
| BL4922748 | Graftech Global Enterpri | EAF | 10.32 | 11/11/2029 | 13,305,854.00 | 13,571,971.00 | 0.07 |
| BL4986859 | ECO Material Tech Inc | ECOMAT | 7.47 | 02/12/2032 | 14,516,000.00 | 14,552,290.00 | 0.07 |
| BL4993855 | MPH Acquisition Holdings | MLTPLN | 8.03 | 12/31/2030 | 15,268,488.00 | 15,192,145.00 | 0.07 |
| BL4871549 | Solenis Holdings Ltd | SOLEIN | 7.3 | 06/20/2031 | 13,524,169.00 | 13,471,032.00 | 0.07 |
| BL4783108 | NCR Atleos Corp | NCRATL | 8.03 | 04/16/2029 | 14,986,667.00 | 15,091,573.00 | 0.07 |
| BL4691277 | Kronos Acquisition Holdi | KIKCN | 8.3 | 07/08/2031 | 16,425,875.00 | 14,071,505.00 | 0.07 |
| BL4993863 | MPH Acquisition Holdings | MLTPLN | 9.14 | 12/31/2030 | 14,611,550.00 | 13,022,543.00 | 0.06 |
| BL5147105 | CP Atlas Buyer Inc | AMBATH | 5.25 | 07/08/2030 | 13,250,000.00 | 12,587,500.00 | 0.06 |
| 96926JAC1 | William Carter Co/the | CRI | 5.63 | 03/15/2027 | 12,600,000.00 | 12,508,008.00 | 0.06 |
| 95081QAR5 | Wesco Distribution Inc | WCC | 6.63 | 03/15/2032 | 11,180,000.00 | 11,534,126.00 | 0.06 |
| 98927UAA5 | Zegona Finance Plc | ZEGLN | 8.63 | 07/15/2029 | 12,404,000.00 | 13,170,815.00 | 0.06 |
| 91889FAC5 | Valaris Ltd | VAL | 8.38 | 04/30/2030 | 11,475,000.00 | 11,876,625.00 | 0.06 |
| 914906AY8 | Univision Communications Inc | UVN | 8.0 | 08/15/2028 | 12,640,000.00 | 12,988,742.00 | 0.06 |
| 92328MAB9 | Venture Global Calcasieu Pass Llc | VENTGL | 4.13 | 08/15/2031 | 14,185,000.00 | 13,099,115.00 | 0.06 |
| 893830BX6 | Transocean Inc | RIG | 8.75 | 02/15/2030 | 12,120,000.00 | 12,529,656.00 | 0.06 |
| 89055FAB9 | Topbuild Corp | BLD | 3.63 | 03/15/2029 | 13,983,000.00 | 13,190,302.00 | 0.06 |
| 87470LAL5 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 7.38 | 02/15/2029 | 11,614,000.00 | 11,910,969.00 | 0.06 |
| 87470LAG6 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 6.0 | 03/01/2027 | 12,884,000.00 | 12,845,061.00 | 0.06 |
| 78410GAG9 | SBA Communications Corp | SBAC | 3.13 | 02/01/2029 | 13,545,000.00 | 12,624,351.00 | 0.06 |
| 77340RAU1 | Rockies Express Pipeline Llc | ROCKIE | 6.75 | 03/15/2033 | 11,035,000.00 | 11,443,674.00 | 0.06 |
| 737446AP9 | POST Holdings Inc | POST | 5.5 | 12/15/2029 | 12,350,000.00 | 12,245,257.00 | 0.06 |
| 71424VAA8 | Permian Resources Operating Llc | PR | 7.0 | 01/15/2032 | 12,525,000.00 | 12,941,306.00 | 0.06 |
| 71424VAB6 | Permian Resources Operating Llc | PR | 6.25 | 02/01/2033 | 11,800,000.00 | 11,848,958.00 | 0.06 |
| 703343AD5 | Patrick Industries Inc | PATK | 4.75 | 05/01/2029 | 11,755,000.00 | 11,401,133.00 | 0.06 |
| 69354NAD8 | PRA Group Inc | PRAA | 5.0 | 10/01/2029 | 13,083,000.00 | 12,084,536.00 | 0.06 |
| 64438WAA5 | NEW Flyer Holdings Inc | NFICN | 9.25 | 07/01/2030 | 11,500,000.00 | 12,190,000.00 | 0.06 |
| 670001AL0 | Novelis Corp | HNDLIN | 6.88 | 01/30/2030 | 11,725,000.00 | 12,073,542.00 | 0.06 |
| 651229BF2 | Newell Brands Inc | NWL | 6.38 | 05/15/2030 | 13,275,000.00 | 12,903,401.00 | 0.06 |
| 47232MAG7 | Jefferies Finance Llc / Jfin Co-issuer C | JEFFIN | 6.63 | 10/15/2031 | 11,800,000.00 | 11,748,291.00 | 0.06 |
| 48666KAX7 | KB Home | KBH | 6.88 | 06/15/2027 | 12,836,000.00 | 13,113,062.00 | 0.06 |
| 50050NAA1 | Kontoor Brands Inc | KTB | 4.13 | 11/15/2029 | 12,886,000.00 | 11,986,543.00 | 0.06 |
| 45344LAG8 | Crescent Energy Finance Llc | CRGYFN | 8.38 | 01/15/2034 | 12,310,000.00 | 12,202,889.00 | 0.06 |
| 449691AF1 | Iliad Holding Sasu | ILDFP | 8.5 | 04/15/2031 | 10,550,000.00 | 11,303,270.00 | 0.06 |
| 38141GC28 | Goldman Sachs Group Inc/the | GS | 6.85 | 08/10/2173 | 11,305,000.00 | 11,588,337.00 | 0.06 |
| 380355AJ6 | Goeasy Ltd | GSYCN | 7.63 | 07/01/2029 | 11,225,000.00 | 11,517,972.00 | 0.06 |
| 62957HAJ4 | Nabors Industries Inc | NBR | 7.38 | 05/15/2027 | 11,475,000.00 | 11,578,802.00 | 0.06 |
| 62886HBA8 | NCL Corp Ltd | NCLH | 5.88 | 03/15/2026 | 12,683,000.00 | 12,692,512.00 | 0.06 |
| 013092AC5 | Albertsons Cos Inc / Safeway Inc / New A | ACI | 4.63 | 01/15/2027 | 11,776,000.00 | 11,687,368.00 | 0.06 |
| 00687YAB1 | Adient Global Holdings Ltd | ADNT | 7.0 | 04/15/2028 | 12,375,000.00 | 12,620,767.00 | 0.06 |
| 00489LAM5 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 8.5 | 06/15/2029 | 12,634,000.00 | 13,196,727.00 | 0.06 |
| 045086AK1 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 6.63 | 01/15/2028 | 11,883,000.00 | 11,946,234.00 | 0.06 |
| 045086AR6 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 6.88 | 08/01/2033 | 11,510,000.00 | 11,499,333.00 | 0.06 |
| 02406PAU4 | American Axle & Manufacturing Inc | AXL | 6.5 | 04/01/2027 | 13,174,000.00 | 13,190,363.00 | 0.06 |
| 030981AL8 | Amerigas Partners Lp / Amerigas Finance | APU | 5.75 | 05/20/2027 | 12,042,000.00 | 11,970,885.00 | 0.06 |
| 030981AP9 | Amerigas Partners Lp / Amerigas Finance | APU | 9.5 | 06/01/2030 | 11,085,000.00 | 11,638,647.00 | 0.06 |
| 039853AA4 | Ardonagh Finco Ltd | ARDGRP | 7.75 | 02/15/2031 | 11,335,000.00 | 11,800,188.00 | 0.06 |
| 03881NAJ6 | Arbor Realty Sr Inc | ABR | 7.88 | 07/15/2030 | 12,555,000.00 | 12,821,731.00 | 0.06 |
| 05480AAB1 | Azorra Finance Ltd | AZORRA | 7.25 | 01/15/2031 | 12,470,000.00 | 12,740,599.00 | 0.06 |
| 06055HAH6 | BANK Of America Corp | BAC | 6.63 | 08/01/2173 | 12,725,000.00 | 13,065,598.00 | 0.06 |
| 06055HAK9 | BANK Of America Corp | BAC | 6.25 | 10/26/2173 | 13,095,000.00 | 13,076,435.00 | 0.06 |
| 097751CC3 | Bombardier Inc | BBDBCN | 7.0 | 06/01/2032 | 12,815,000.00 | 13,215,468.00 | 0.06 |
| 097023DG7 | Boeing Co/the | BA | 2.2 | 02/04/2026 | 13,425,000.00 | 13,247,849.00 | 0.06 |
| 12653CAL2 | CNX Resources Corp | CNX | 7.25 | 03/01/2032 | 12,400,000.00 | 12,771,816.00 | 0.06 |
| 29362UAC8 | Entegris Inc | ENTG | 4.38 | 04/15/2028 | 13,425,000.00 | 13,068,888.00 | 0.06 |
| 35641AAC2 | Freedom Mortgage Holdings Llc | FREMOR | 8.38 | 04/01/2032 | 11,056,000.00 | 11,292,543.00 | 0.06 |
| 345397E58 | FORD Motor Credit Co Llc | F | 5.8 | 03/08/2029 | 12,500,000.00 | 12,522,536.00 | 0.06 |
| 16308NAA2 | Olympus Water Us Holding Corp | SOLEIN | 7.13 | 10/01/2027 | 11,107,000.00 | 11,285,698.00 | 0.06 |
| 15089QAW4 | Celanese Us Holdings Llc | CE | 6.85 | 11/15/2028 | 12,327,000.00 | 12,840,579.00 | 0.06 |
| 235825AG1 | DANA Inc | DAN | 5.63 | 06/15/2028 | 13,274,000.00 | 13,276,660.00 | 0.06 |
| 235825AF3 | DANA Inc | DAN | 5.38 | 11/15/2027 | 10,775,000.00 | 10,768,221.00 | 0.05 |
| 25260WAD3 | Diamond Foreign Asset Co / Diamond Finan | DO | 8.5 | 10/01/2030 | 9,975,000.00 | 10,392,653.00 | 0.05 |
| 16115QAG5 | Chart Industries Inc | GTLS | 9.5 | 01/01/2031 | 9,549,000.00 | 10,216,042.00 | 0.05 |
| 17327CBC6 | Citigroup Inc | C | 6.88 | 11/15/2173 | 9,917,000.00 | 10,021,936.00 | 0.05 |
| 14071LAA6 | Capstone Copper Corp | CAPCOP | 6.75 | 03/31/2033 | 10,635,000.00 | 10,794,525.00 | 0.05 |
| 143658BN1 | Carnival Corp | CCL | 5.75 | 03/01/2027 | 10,216,000.00 | 10,322,552.00 | 0.05 |
| 345370CQ1 | FORD Motor Co | F | 4.75 | 01/15/2043 | 12,037,000.00 | 9,322,597.00 | 0.05 |
| 35641AAA6 | Freedom Mortgage Holdings Llc | FREMOR | 9.25 | 02/01/2029 | 10,750,000.00 | 11,240,832.00 | 0.05 |
| 36168QAN4 | GFL Environmental Inc | GFLCN | 4.75 | 06/15/2029 | 9,690,000.00 | 9,447,750.00 | 0.05 |
| 292554AR3 | Encore Capital Group Inc | ECPG | 8.5 | 05/15/2030 | 9,385,000.00 | 9,933,703.00 | 0.05 |
| 27034RAA1 | Permian Resources Operating Llc | PR | 8.0 | 04/15/2027 | 9,400,000.00 | 9,607,890.00 | 0.05 |
| 12511VAA6 | Churchill Downs Inc | CHDN | 5.75 | 04/01/2030 | 11,012,000.00 | 10,992,482.00 | 0.05 |
| 097751BT7 | Bombardier Inc | BBDBCN | 7.88 | 04/15/2027 | 10,694,000.00 | 10,720,735.00 | 0.05 |
| 071734AL1 | Bausch Health Cos Inc | BHCCN | 5.25 | 02/15/2031 | 18,167,000.00 | 10,991,035.00 | 0.05 |
| 071734AD9 | Bausch Health Cos Inc | BHCCN | 7.0 | 01/15/2028 | 11,113,000.00 | 9,709,983.00 | 0.05 |
| 02352BAA3 | Amentum Holdings Inc | AMNTEC | 7.25 | 08/01/2032 | 9,075,000.00 | 9,388,868.00 | 0.05 |
| 05464CAD3 | AXON Enterprise Inc | AXON | 6.25 | 03/15/2033 | 10,885,000.00 | 11,162,424.00 | 0.05 |
| 55821KAC0 | Madison Park Funding Xxxviii Ltd | MDPK | 5.7 | 07/17/2034 | 9,500,000.00 | 9,520,523.00 | 0.05 |
| 527298CH4 | Level 3 Financing Inc | LVLT | 4.0 | 04/15/2031 | 12,239,000.00 | 10,569,099.00 | 0.05 |
| 53219LAY5 | Lifepoint Health Inc | RGCARE | 8.38 | 02/15/2032 | 10,494,000.00 | 11,170,407.00 | 0.05 |
| 521088AC8 | LD Holdings Group Llc | LNDPT | 6.13 | 04/01/2028 | 13,087,000.00 | 11,218,967.00 | 0.05 |
| 37954FAL8 | Global Partners Lp / Glp Finance Corp | GLP | 7.13 | 07/01/2033 | 9,670,000.00 | 9,818,333.00 | 0.05 |
| 389286AA3 | GRAY Media Inc | GTN | 5.38 | 11/15/2031 | 14,455,000.00 | 10,672,863.00 | 0.05 |
| 389375AN6 | GRAY Media Inc | GTN | 9.63 | 07/15/2032 | 10,695,000.00 | 10,798,510.00 | 0.05 |
| 389375AP1 | GRAY Media Inc | GTN | 7.25 | 08/15/2033 | 9,335,000.00 | 9,287,016.00 | 0.05 |
| 674599DU6 | Occidental Petroleum Corp | OXY | 7.95 | 04/15/2029 | 8,558,000.00 | 9,283,516.00 | 0.05 |
| 67777LAD5 | OI European Group Bv | OI | 4.75 | 02/15/2030 | 10,400,000.00 | 9,823,840.00 | 0.05 |
| 645370AG2 | NEW Home Co Inc/the | NWHM | 8.5 | 11/01/2030 | 10,645,000.00 | 10,875,705.00 | 0.05 |
| 63861CAC3 | Nationstar Mortgage Holdings Inc | COOP | 5.5 | 08/15/2028 | 10,100,000.00 | 10,089,696.00 | 0.05 |
| 63861CAG4 | Nationstar Mortgage Holdings Inc | COOP | 6.5 | 08/01/2029 | 10,922,000.00 | 11,160,955.00 | 0.05 |
| 638962AA8 | NCR Atleos Corp | NCRATL | 9.5 | 04/01/2029 | 10,169,000.00 | 11,019,488.00 | 0.05 |
| 69306RAB2 | P&L Development Llc / Pld Finance Corp | PLDEVE | 12.0 | 05/15/2029 | 10,040,638.00 | 10,383,789.00 | 0.05 |
| 70932MAC1 | Pennymac Financial Services Inc | PFSI | 5.75 | 09/15/2031 | 10,199,000.00 | 9,968,522.00 | 0.05 |
| 737446AX2 | POST Holdings Inc | POST | 6.25 | 10/15/2034 | 10,590,000.00 | 10,601,173.00 | 0.05 |
| 74825NAA5 | QXO Building Products Inc | BECN | 6.75 | 04/30/2032 | 10,290,000.00 | 10,600,385.00 | 0.05 |
| 74841CAA9 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 3.63 | 03/01/2029 | 11,571,000.00 | 10,933,114.00 | 0.05 |
| 74913G873 | Qwest Corp | CTL | 6.75 | 06/15/2057 | 500,546.00 | 10,025,936.00 | 0.05 |
| 7846ELAE7 | SNF Group Saca | SNFF | 3.38 | 03/15/2030 | 12,150,000.00 | 11,195,739.00 | 0.05 |
| 78454LAX8 | SM Energy Co | SM | 6.75 | 08/01/2029 | 9,240,000.00 | 9,247,226.00 | 0.05 |
| 81180LAA3 | Seagate Data Storage Technology Pte Ltd | STX | 5.88 | 07/15/2030 | 10,330,000.00 | 10,443,113.00 | 0.05 |
| 87470LAJ0 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 6.0 | 12/31/2030 | 10,702,000.00 | 10,487,330.00 | 0.05 |
| 876511AG1 | Taseko Mines Ltd | TKOCN | 8.25 | 05/01/2030 | 9,335,000.00 | 9,743,406.00 | 0.05 |
| 88642RAE9 | Tidewater Inc | TDW | 9.13 | 07/15/2030 | 8,910,000.00 | 9,342,347.00 | 0.05 |
| 893647BP1 | Transdigm Inc | TDG | 4.63 | 01/15/2029 | 10,830,000.00 | 10,586,796.00 | 0.05 |
| 893647BR7 | Transdigm Inc | TDG | 6.75 | 08/15/2028 | 10,000,000.00 | 10,204,714.00 | 0.05 |
| 853496AD9 | Standard Industries Inc/ny | BMCAUS | 4.75 | 01/15/2028 | 9,883,000.00 | 9,762,073.00 | 0.05 |
| 852060AD4 | Sprint Capital Corp | S | 6.88 | 11/15/2028 | 8,771,000.00 | 9,376,737.00 | 0.05 |
| 86765KAD1 | Sunoco Lp | SUN | 6.25 | 07/01/2033 | 10,685,000.00 | 10,818,521.00 | 0.05 |
| 94107JAC7 | Waste Pro Usa Inc | WASPRO | 7.0 | 02/01/2033 | 10,095,000.00 | 10,477,552.00 | 0.05 |
| 92552VAR1 | Viasat Inc | VSAT | 7.5 | 05/30/2031 | 12,663,000.00 | 11,031,149.00 | 0.05 |
| 92840VAA0 | Vistra Operations Co Llc | VST | 5.5 | 09/01/2026 | 9,690,000.00 | 9,681,410.00 | 0.05 |
| 91282CEF4 | United States Treasury Note/bond | T | 2.5 | 03/31/2027 | 10,750,000.00 | 10,492,167.00 | 0.05 |
| 897051AC2 | Tronox Inc | TROX | 4.63 | 03/15/2029 | 12,146,000.00 | 9,420,340.00 | 0.05 |
| 989207AD7 | Zebra Technologies Corp | ZBRA | 6.5 | 06/01/2032 | 9,030,000.00 | 9,249,694.00 | 0.05 |
| 95081QAQ7 | Wesco Distribution Inc | WCC | 6.38 | 03/15/2029 | 10,720,000.00 | 10,992,507.00 | 0.05 |
| BL4587764 | Magnera Corp | MAGN | 8.58 | 11/04/2031 | 9,303,250.00 | 9,230,573.00 | 0.05 |
| BL4990380 | Hilcorp Energy I Lp | HILCRP | 6.31 | 02/05/2030 | 9,325,375.00 | 9,331,203.00 | 0.05 |
| BL4990463 | GFL Es Us Llc | GFLCN | 6.82 | 03/03/2032 | 9,900,000.00 | 9,900,000.00 | 0.05 |
| BL4985588 | Athenahealth Group Inc | ATHENA | 7.08 | 02/15/2029 | 9,568,699.00 | 9,549,906.00 | 0.05 |
| BL4912756 | Iheartcommunications Inc | IHRT | 10.22 | 05/01/2029 | 13,357,875.00 | 11,020,246.00 | 0.05 |
| XS27199989 | EG Global Finance Plc | EGBLFN | 11.0 | 11/30/2028 | 7,400,000.00 | 9,324,836.00 | 0.05 |
| BL4799260 | Xplore Inc/nb | BARXPL | 9.59 | 10/24/2029 | 8,368,654.00 | 7,866,534.00 | 0.04 |
| BL4922755 | Graftech Global Enterpri | EAF | 8.0 | 12/21/2029 | 7,603,345.00 | 7,755,412.00 | 0.04 |
| BL4916088 | SWF Holdings I Corp | SPRIND | 8.44 | 10/06/2028 | 9,438,207.00 | 7,220,228.00 | 0.04 |
| BL4964328 | NCR Atleos Corp | NCRATL | 7.03 | 09/27/2028 | 8,072,293.00 | 7,941,118.00 | 0.04 |
| TYU5 COMDT | US 10yr Note (cbt)sep25 | TYU5 | — | 09/19/2025 | 1,092,632,875.00 | 7,798,422.00 | 0.04 |
| BL4579993 | Digicel Intl Finance Ltd | DLLTD | 11.78 | 05/25/2027 | 8,619,291.00 | 8,576,194.00 | 0.04 |
| BL3169069 | CSC Holdings Llc | CSCHLD | 9.0 | 04/15/2027 | 7,530,079.00 | 7,411,555.00 | 0.04 |
| B8AC4A3C9 | Cornerstone Chem Co | — | — | — | 1,010,075.00 | 7,777,577.00 | 0.04 |
| 95081QAS3 | Wesco Distribution Inc | WCC | 6.38 | 03/15/2033 | 8,060,000.00 | 8,251,903.00 | 0.04 |
| 902104AC2 | Coherent Corp | COHR | 5.0 | 12/15/2029 | 9,140,000.00 | 8,943,286.00 | 0.04 |
| 92047WAG6 | Valvoline Inc | VVV | 3.63 | 06/15/2031 | 8,935,000.00 | 8,044,214.00 | 0.04 |
| 95002YAC7 | Wells Fargo & Co | WFC | 6.85 | 09/15/2173 | 8,550,000.00 | 8,838,043.00 | 0.04 |
| 845467AT6 | Expand Energy Corp | EXE | 4.75 | 02/01/2032 | 8,695,000.00 | 8,445,119.00 | 0.04 |
| 89055FAC7 | Topbuild Corp | BLD | 4.13 | 02/15/2032 | 8,000,000.00 | 7,373,136.00 | 0.04 |
| 87470LAK7 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 6.0 | 09/01/2031 | 8,663,000.00 | 8,474,843.00 | 0.04 |
| 81725WAK9 | Sensata Technologies Bv | ST | 4.0 | 04/15/2029 | 9,150,000.00 | 8,664,409.00 | 0.04 |
| 81728UAB0 | Sensata Technologies Inc | ST | 3.75 | 02/15/2031 | 8,175,000.00 | 7,442,673.00 | 0.04 |
| 749571AG0 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 4.5 | 02/15/2029 | 7,700,000.00 | 7,491,927.00 | 0.04 |
| 74970WAJ9 | ROCK Trust 2024-cntr | ROCC | 8.82 | 11/13/2041 | 7,220,000.00 | 7,594,720.00 | 0.04 |
| 74843PAB6 | Quikrete Holdings Inc | QUIKHO | 6.75 | 03/01/2033 | 8,361,000.00 | 8,576,770.00 | 0.04 |
| 71880KAA9 | Phinia Inc | PHIN | 6.75 | 04/15/2029 | 8,190,000.00 | 8,429,605.00 | 0.04 |
| 71880KAB7 | Phinia Inc | PHIN | 6.63 | 10/15/2032 | 8,835,000.00 | 8,997,502.00 | 0.04 |
| 69354NAE6 | PRA Group Inc | PRAA | 8.38 | 02/01/2028 | 7,370,000.00 | 7,542,473.00 | 0.04 |
| 69344A206 | PGIM Active High Yield Bond Etf | PHYL | — | — | 225,000.00 | 7,978,500.00 | 0.04 |
| 70137WAN8 | Parkland Corp | PKICN | 6.63 | 08/15/2032 | 7,095,000.00 | 7,225,335.00 | 0.04 |
| 70082LAB3 | PARK River Holdings Inc | PRIMBP | 6.75 | 08/01/2029 | 9,165,000.00 | 8,012,339.00 | 0.04 |
| 68245XAH2 | 1011778 Bc Ulc / New Red Finance Inc | BCULC | 3.88 | 01/15/2028 | 8,583,000.00 | 8,279,676.00 | 0.04 |
| 682691AL4 | Onemain Finance Corp | OMF | 6.13 | 05/15/2030 | 8,910,000.00 | 8,929,455.00 | 0.04 |
| 69331CAJ7 | PG&E Corp | PCG | 5.25 | 07/01/2030 | 9,000,000.00 | 8,622,137.00 | 0.04 |
| 64828TAC6 | Rithm Capital Corp | RITM | 8.0 | 07/15/2030 | 8,400,000.00 | 8,555,821.00 | 0.04 |
| 66981QAB2 | Brundage-bone Concrete Pumping Holdings | BBCP | 7.5 | 02/01/2032 | 7,540,000.00 | 7,505,774.00 | 0.04 |
| 651229BG0 | Newell Brands Inc | NWL | 8.5 | 06/01/2028 | 7,195,000.00 | 7,547,641.00 | 0.04 |
| 65535HCC1 | Nomura Holdings Inc | NOMURA | 7.0 | 01/15/2174 | 7,190,000.00 | 7,297,850.00 | 0.04 |
| 428040DA4 | Hertz Corp/the | HTZ | 4.63 | 12/01/2026 | 8,116,000.00 | 7,339,649.00 | 0.04 |
| 49339FAE5 | Keystone Power Pass-through Holders Llc | KEYCON | 13.0 | 06/01/2028 | 10,779,196.00 | 8,688,031.00 | 0.04 |
| 475795AD2 | Jeld-wen Inc | JELD | 4.88 | 12/15/2027 | 8,865,000.00 | 8,406,006.00 | 0.04 |
| 527298CK7 | Level 3 Financing Inc | LVLT | 10.0 | 10/15/2032 | 7,150,000.00 | 7,205,460.00 | 0.04 |
| 55342UAQ7 | MPT Operating Partnership Lp / Mpt Finan | MPW | 8.5 | 02/15/2032 | 7,525,000.00 | 7,827,876.00 | 0.04 |
| 552704AF5 | MEG Energy Corp | MEGCN | 5.88 | 02/01/2029 | 8,500,000.00 | 8,497,620.00 | 0.04 |
| 60672JAA7 | Miter Brands Acquisition Holdco Inc / Mi | MIWIDO | 6.75 | 04/01/2032 | 7,841,000.00 | 8,000,120.00 | 0.04 |
| 603051AA1 | Mineral Resources Ltd | MINAU | 8.13 | 05/01/2027 | 8,395,000.00 | 8,393,069.00 | 0.04 |
| 603051AC7 | Mineral Resources Ltd | MINAU | 8.0 | 11/01/2027 | 8,130,000.00 | 8,231,625.00 | 0.04 |
| 023771T32 | American Airlines Inc | AAL | 7.25 | 02/15/2028 | 7,795,000.00 | 7,951,577.00 | 0.04 |
| 01741RAN2 | ATI Inc | ATI | 7.25 | 08/15/2030 | 7,760,000.00 | 8,113,189.00 | 0.04 |
| 02156LAC5 | Altice France Sa | SFRFP | 5.5 | 01/15/2028 | 8,600,000.00 | 7,643,250.00 | 0.04 |
| 095796AK4 | BLUE Racer Midstream Llc / Blue Racer Fi | BLURAC | 7.25 | 07/15/2032 | 7,890,000.00 | 8,320,084.00 | 0.04 |
| 1248EPBT9 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.13 | 05/01/2027 | 8,378,000.00 | 8,309,101.00 | 0.04 |
| 097793AE3 | Civitas Resources Inc | CIVI | 5.0 | 10/15/2026 | 9,000,000.00 | 8,904,054.00 | 0.04 |
| 12597YAC3 | CP Atlas Buyer Inc | AMBATH | 9.75 | 07/15/2030 | 8,615,000.00 | 8,694,514.00 | 0.04 |
| 126307BB2 | CSC Holdings Llc | CSCHLD | 4.13 | 12/01/2030 | 12,965,000.00 | 8,710,226.00 | 0.04 |
| 26884LBG3 | EQT Corp | EQT | 7.5 | 06/01/2027 | 7,125,000.00 | 7,250,665.00 | 0.04 |
| 26873CAB8 | Emrld Borrower Lp / Emerald Co-issuer In | EMECLI | 6.75 | 07/15/2031 | 7,900,000.00 | 8,140,964.00 | 0.04 |
| 29365BAA1 | Entegris Inc | ENTG | 4.75 | 04/15/2029 | 7,750,000.00 | 7,589,973.00 | 0.04 |
| 303250AG9 | FAIR Isaac Corp | FAIRIC | 6.0 | 05/15/2033 | 7,422,000.00 | 7,469,350.00 | 0.04 |
| 17327CAV5 | Citigroup Inc | C | 6.95 | 05/15/2174 | 8,210,000.00 | 8,300,704.00 | 0.04 |
| 156431AS7 | Century Aluminum Co | CENX | 6.88 | 08/01/2032 | 7,365,000.00 | 7,438,301.00 | 0.04 |
| 18060TAD7 | Clarios Global Lp / Clarios Us Finance C | POWSOL | 6.75 | 02/15/2030 | 8,485,000.00 | 8,716,470.00 | 0.04 |
| 18453HAC0 | Clear Channel Outdoor Holdings Inc | CCO | 7.75 | 04/15/2028 | 6,100,000.00 | 5,768,429.00 | 0.03 |
| 19767QAQ8 | HCA Inc | HCA | 7.58 | 09/15/2025 | 7,101,000.00 | 7,118,692.00 | 0.03 |
| 12769GAC4 | Caesars Entertainment Inc | CZR | 6.5 | 02/15/2032 | 6,204,000.00 | 6,322,465.00 | 0.03 |
| 26884LBA6 | EQT Corp | EQT | 7.5 | 06/01/2030 | 6,301,000.00 | 6,903,038.00 | 0.03 |
| 36168QAQ7 | GFL Environmental Inc | GFLCN | 6.75 | 01/15/2031 | 6,435,000.00 | 6,668,268.00 | 0.03 |
| 37441QAA9 | Wrangler Holdco Corp | GFLCN | 6.63 | 04/01/2032 | 6,185,000.00 | 6,389,166.00 | 0.03 |
| 345397G49 | FORD Motor Credit Co Llc | F | 5.88 | 11/07/2029 | 5,125,000.00 | 5,139,654.00 | 0.03 |
| 126307BF3 | CSC Holdings Llc | CSCHLD | 3.38 | 02/15/2031 | 9,213,000.00 | 6,065,028.00 | 0.03 |
| 126307BK2 | CSC Holdings Llc | CSCHLD | 5.0 | 11/15/2031 | 14,570,000.00 | 6,887,006.00 | 0.03 |
| 12008RAN7 | Builders Firstsource Inc | BLDR | 5.0 | 03/01/2030 | 5,785,000.00 | 5,667,970.00 | 0.03 |
| 09629EAL5 | Bluemountain Fuji Us Clo Ii Ltd | BLUEM | 5.59 | 10/20/2030 | 6,867,952.00 | 6,874,068.00 | 0.03 |
| 097751AL5 | Bombardier Inc | BBDBCN | 7.45 | 05/01/2034 | 5,200,000.00 | 5,635,500.00 | 0.03 |
| 00218LAH4 | ASP Unifrax Holdings Inc | FRAX | 7.1 | 09/30/2029 | 12,941,461.00 | 6,673,862.00 | 0.03 |
| 032177AK3 | Amsted Industries Inc | AMSIND | 6.38 | 03/15/2033 | 7,000,000.00 | 7,104,939.00 | 0.03 |
| 04288BAB6 | Arsenal Aic Parent Llc | ARNC | 8.0 | 10/01/2030 | 5,210,000.00 | 5,520,833.00 | 0.03 |
| 05368VAB2 | Avient Corp | AVNT | 6.25 | 11/01/2031 | 6,985,000.00 | 7,009,587.00 | 0.03 |
| 053773BC0 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 5.75 | 07/15/2027 | 6,391,000.00 | 6,352,895.00 | 0.03 |
| 53523LAA8 | Lindblad Expeditions Llc | LIND | 6.75 | 02/15/2027 | 5,350,000.00 | 5,360,836.00 | 0.03 |
| 55609NAC2 | Macquarie Airfinance Holdings Ltd | MCAIRH | 6.4 | 03/26/2029 | 5,885,000.00 | 6,118,945.00 | 0.03 |
| 55342UAJ3 | MPT Operating Partnership Lp / Mpt Finan | MPW | 4.63 | 08/01/2029 | 7,075,000.00 | 5,378,239.00 | 0.03 |
| 50168QAE5 | LABL Inc | LABL | 9.5 | 11/01/2028 | 7,750,000.00 | 7,171,437.00 | 0.03 |
| 513272AE4 | LAMB Weston Holdings Inc | LW | 4.38 | 01/31/2032 | 6,655,000.00 | 6,215,059.00 | 0.03 |
| 516806AJ5 | Vital Energy Inc | VTLE | 9.75 | 10/15/2030 | 7,200,000.00 | 6,766,085.00 | 0.03 |
| 442722AB0 | Howard Midstream Energy Partners Llc | HOWMID | 8.88 | 07/15/2028 | 6,625,000.00 | 6,924,005.00 | 0.03 |
| 460599AD5 | Brightstar Lottery Plc | IGT | 6.25 | 01/15/2027 | 5,230,000.00 | 5,265,250.00 | 0.03 |
| 428040DC0 | Hertz Corp/the | HTZ | 12.63 | 07/15/2029 | 6,565,000.00 | 6,862,239.00 | 0.03 |
| 431318BC7 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 8.38 | 11/01/2033 | 5,991,000.00 | 6,257,721.00 | 0.03 |
| 431318BE3 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.88 | 05/15/2034 | 6,400,000.00 | 6,157,941.00 | 0.03 |
| 431318BG8 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 7.25 | 02/15/2035 | 6,295,000.00 | 6,127,773.00 | 0.03 |
| 668771AK4 | GEN Digital Inc | GEN | 6.75 | 09/30/2027 | 6,950,000.00 | 7,069,021.00 | 0.03 |
| 644535AJ5 | NEW Gold Inc | NGDCN | 6.88 | 04/01/2032 | 6,740,000.00 | 6,917,059.00 | 0.03 |
| 63938CAJ7 | Navient Corp | NAVI | 6.75 | 06/15/2026 | 6,172,000.00 | 6,233,377.00 | 0.03 |
| 70052LAB9 | PARK Intermediate Holdings Llc / Pk Dome | PK | 5.88 | 10/01/2028 | 6,400,000.00 | 6,379,254.00 | 0.03 |
| 70052LAC7 | PARK Intermediate Holdings Llc / Pk Dome | PK | 4.88 | 05/15/2029 | 6,100,000.00 | 5,870,090.00 | 0.03 |
| 70932MAE7 | Pennymac Financial Services Inc | PFSI | 7.13 | 11/15/2030 | 5,000,000.00 | 5,152,188.00 | 0.03 |
| 78442PGF7 | SLM Corp | SLM | 6.5 | 01/31/2030 | 5,580,000.00 | 5,795,844.00 | 0.03 |
| 88033GDH0 | Tenet Healthcare Corp | THC | 4.63 | 06/15/2028 | 7,143,000.00 | 7,022,217.00 | 0.03 |
| 896215AH3 | Trimas Corp | TRS | 4.13 | 04/15/2029 | 6,675,000.00 | 6,403,930.00 | 0.03 |
| 84762LAX3 | Spectrum Brands Inc | SPB | 3.88 | 03/15/2031 | 7,000,000.00 | 5,578,448.00 | 0.03 |
| 86765LAN7 | Sunoco Lp / Sunoco Finance Corp | SUN | 5.88 | 03/15/2028 | 6,286,000.00 | 6,287,483.00 | 0.03 |
| 87265HAF6 | TRI Pointe Homes Inc | TPH | 5.25 | 06/01/2027 | 6,603,000.00 | 6,576,094.00 | 0.03 |
| 85571BBC8 | Starwood Property Trust Inc | STWD | 6.0 | 04/15/2030 | 6,025,000.00 | 6,085,894.00 | 0.03 |
| 91838PAA9 | VT Topco Inc | VERCOR | 8.5 | 08/15/2030 | 5,565,000.00 | 5,924,922.00 | 0.03 |
| 92262TAA4 | Velocity Vehicle Group Llc | VLCYVG | 8.0 | 06/01/2029 | 6,155,000.00 | 6,236,434.00 | 0.03 |
| 96949VAN3 | Williams Scotsman Inc | WLSC | 6.63 | 04/15/2030 | 6,309,000.00 | 6,507,488.00 | 0.03 |
| B8A66QXU2 | Genon Hldgs Class A | — | — | — | 195,390.00 | 5,861,700.00 | 0.03 |
| 98379KAA0 | XPO Inc | XPO | 6.25 | 06/01/2028 | 6,875,000.00 | 6,986,920.00 | 0.03 |
| B8ACA1AA8 | Digicel Intl Fin Ltd | — | — | — | 509,750.00 | 6,054,555.00 | 0.03 |
| B8ACXD562 | NEW Generation Gas Gathering Llc | — | 4.32 | 09/30/2029 | 5,729,730.00 | 5,643,783.00 | 0.03 |
| B8AD64SP3 | Xplore Inc | — | — | — | 2,875,253.00 | 7,003,361.00 | 0.03 |
| B8ADVAEX9 | NEW Generation Gas Gathering Llc | — | 4.34 | 09/30/2029 | 5,729,729.00 | 5,643,783.00 | 0.03 |
| B8ADGKST8 | NEW Generation Gas Gathering Llc | — | 4.34 | 09/30/2029 | 6,875,675.00 | 6,772,539.00 | 0.03 |
| B8ADQ6J27 | Doncasters Us Fin Llc | — | — | 04/01/2030 | 6,000,000.00 | 6,060,000.00 | 0.03 |
| BL3443084 | Virgin Media Bristol Llc | VMED | 7.68 | 01/31/2029 | 6,200,000.00 | 6,154,361.00 | 0.03 |
| BL4116465 | Altice France Sa/france | SFRFP | 9.76 | 08/15/2028 | 7,100,000.00 | 6,603,000.00 | 0.03 |
| BL5042678 | Vista Management Holding | VSTJET | 8.04 | 03/18/2031 | 5,750,000.00 | 5,757,187.00 | 0.03 |
| BL4985299 | Boxer Parent Co Inc | BMC | 7.33 | 07/30/2031 | 5,909,563.00 | 5,906,790.00 | 0.03 |
| BNR4L57 | Energizer Gamma Acquisition Bv | ENR | 3.5 | 06/30/2029 | 5,555,000.00 | 6,132,290.00 | 0.03 |
| BL4915957 | SWF Holdings I Corp | SPRIND | 5.5 | 12/18/2029 | 5,924,465.00 | 5,909,654.00 | 0.03 |
| BL4985638 | Cablevision Lightpath | CVLGHT | 7.31 | 11/30/2027 | 6,725,582.00 | 6,729,785.00 | 0.03 |
| BL4989184 | Quikrete Holdings Inc | QUIKHO | 6.58 | 02/10/2032 | 5,760,563.00 | 5,754,963.00 | 0.03 |
| BL4766657 | Windstream Services Llc | WIN | 9.18 | 10/01/2031 | 6,225,000.00 | 6,248,343.00 | 0.03 |
| BL4680841 | Clarios Global Lp | POWSOL | 6.83 | 05/06/2030 | 5,685,714.00 | 5,685,714.00 | 0.03 |
| BL4722254 | Likewize Corp | BSTA | 10.03 | 08/15/2029 | 5,213,594.00 | 5,070,219.00 | 0.02 |
| BL4755601 | Lifepoint Health Inc | RGCARE | 8.01 | 05/16/2031 | 4,228,750.00 | 4,209,369.00 | 0.02 |
| BL4915932 | SWF Holdings I Corp | SPRIND | 8.83 | 12/18/2029 | 4,443,349.00 | 4,432,240.00 | 0.02 |
| BL4979052 | Great Outdoors Group Llc | BASSPR | 7.58 | 01/23/2032 | 3,545,854.00 | 3,544,081.00 | 0.02 |
| BL5117652 | Acrisure Llc | ACRISU | 7.58 | 06/20/2032 | 3,474,089.00 | 3,469,745.00 | 0.02 |
| FVU5 COMDT | US 5yr Note (cbt) Sep25 | FVU5 | — | 09/30/2025 | 1,064,194,906.00 | 3,254,783.00 | 0.02 |
| BL4045797 | Tenneco Inc | TENINC | 9.42 | 11/17/2028 | 4,975,000.00 | 4,908,369.00 | 0.02 |
| B8ADX0WW1 | Doncasters Us Finance Llc | — | 10.8 | 04/23/2030 | 3,990,000.00 | 4,029,900.00 | 0.02 |
| B8AC24CC5 | Heritage Power Llc | — | 9.8 | 07/20/2028 | 3,992,072.00 | 3,932,190.00 | 0.02 |
| 98379KAB8 | XPO Inc | XPO | 7.13 | 06/01/2031 | 4,825,000.00 | 4,994,560.00 | 0.02 |
| 983793AK6 | XPO Inc | XPO | 7.13 | 02/01/2032 | 4,700,000.00 | 4,893,023.00 | 0.02 |
| 96949VAM5 | Williams Scotsman Inc | WLSC | 6.63 | 06/15/2029 | 3,575,000.00 | 3,666,694.00 | 0.02 |
| 963320BD7 | Whirlpool Corp | WHR | 6.13 | 06/15/2030 | 4,295,000.00 | 4,284,918.00 | 0.02 |
| 92564RAH8 | VICI Properties Lp / Vici Note Co Inc | VICI | 4.5 | 09/01/2026 | 4,950,000.00 | 4,925,706.00 | 0.02 |
| 92535UAB0 | Vertiv Group Corp | VRT | 4.13 | 11/15/2028 | 3,350,000.00 | 3,256,725.00 | 0.02 |
| 92915PAH8 | VOYA Clo 2014-1 Ltd | INGIM | 5.58 | 04/18/2031 | 4,873,616.00 | 4,876,485.00 | 0.02 |
| 92735LAA0 | Expand Energy Corp | EXE | 6.75 | 04/15/2029 | 3,909,000.00 | 3,943,505.00 | 0.02 |
| 85172FAQ2 | Onemain Finance Corp | OMF | 6.63 | 01/15/2028 | 3,159,000.00 | 3,234,058.00 | 0.02 |
| 893647BV8 | Transdigm Inc | TDG | 6.63 | 03/01/2032 | 4,200,000.00 | 4,320,220.00 | 0.02 |
| 707569AV1 | PENN Entertainment Inc | PENN | 4.13 | 07/01/2029 | 4,216,000.00 | 3,907,908.00 | 0.02 |
| 740212AL9 | Precision Drilling Corp | PDCN | 7.13 | 01/15/2026 | 5,082,000.00 | 5,062,180.00 | 0.02 |
| 749571AF2 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 4.75 | 10/15/2027 | 3,310,000.00 | 3,277,766.00 | 0.02 |
| 682691AK6 | Onemain Finance Corp | OMF | 7.13 | 09/15/2032 | 4,415,000.00 | 4,552,221.00 | 0.02 |
| 670001AH9 | Novelis Corp | HNDLIN | 3.88 | 08/15/2031 | 4,833,000.00 | 4,340,626.00 | 0.02 |
| 46115HBS5 | Intesa Sanpaolo Spa | ISPIM | 4.95 | 06/01/2042 | 6,100,000.00 | 4,996,937.00 | 0.02 |
| 46593WAA3 | JH North America Holdings Inc | JHXAU | 5.88 | 01/31/2031 | 3,315,000.00 | 3,329,510.00 | 0.02 |
| 55305BAV3 | M/I Homes Inc | MHO | 3.95 | 02/15/2030 | 5,017,000.00 | 4,673,273.00 | 0.02 |
| 04433LAA0 | Ashland Inc | ASH | 3.38 | 09/01/2031 | 5,550,000.00 | 4,878,349.00 | 0.02 |
| 03690AAK2 | Antero Midstream Partners Lp / Antero Mi | AM | 6.63 | 02/01/2032 | 4,080,000.00 | 4,189,328.00 | 0.02 |
| 00191AAD8 | ARD Finance Sa | ARDFIN | 6.5 | 06/30/2027 | 44,488,859.00 | 3,281,053.00 | 0.02 |
| 095796AJ7 | BLUE Racer Midstream Llc / Blue Racer Fi | BLURAC | 7.0 | 07/15/2029 | 4,290,000.00 | 4,449,226.00 | 0.02 |
| 080782AA3 | Belron Uk Finance Plc | BELRON | 5.75 | 10/15/2029 | 3,317,000.00 | 3,346,853.00 | 0.02 |
| 07317QAJ4 | Baytex Energy Corp | BTECN | 8.5 | 04/30/2030 | 4,325,000.00 | 4,385,290.00 | 0.02 |
| 071734AK3 | Bausch Health Cos Inc | BHCCN | 6.25 | 02/15/2029 | 6,653,000.00 | 4,708,128.00 | 0.02 |
| 12543DBH2 | Chs/community Health Systems Inc | CYH | 6.0 | 01/15/2029 | 3,675,000.00 | 3,498,449.00 | 0.02 |
| 12548MBF1 | CIFC Funding 2015-i Ltd | CIFC | 5.7 | 01/22/2031 | 3,533,777.00 | 3,536,342.00 | 0.02 |
| 345397C92 | FORD Motor Credit Co Llc | F | 6.8 | 05/12/2028 | 3,853,000.00 | 3,974,368.00 | 0.02 |
| 345370DA5 | FORD Motor Co | F | 3.25 | 02/12/2032 | 3,825,000.00 | 3,241,354.00 | 0.02 |
| 35641AAB4 | Freedom Mortgage Holdings Llc | FREMOR | 9.13 | 05/15/2031 | 4,315,000.00 | 4,485,839.00 | 0.02 |
| 364760AP3 | GAP Inc/the | GAP | 3.63 | 10/01/2029 | 3,635,000.00 | 3,349,534.00 | 0.02 |
| 281020AX5 | Edison International | EIX | 8.13 | 06/15/2053 | 3,365,000.00 | 3,324,493.00 | 0.02 |
| 29275YAF9 | Enersys | ENS | 6.63 | 01/15/2032 | 4,015,000.00 | 4,125,970.00 | 0.02 |
| 165167DG9 | Expand Energy Corp | EXE | 5.88 | 02/01/2029 | 3,645,000.00 | 3,656,213.00 | 0.02 |
| 15089QAM6 | Celanese Us Holdings Llc | CE | 6.67 | 07/15/2027 | 1,398,000.00 | 1,434,235.00 | 0.01 |
| 18972EAC9 | Clydesdale Acquisition Holdings Inc | NOVHOL | 6.88 | 01/15/2030 | 2,600,000.00 | 2,659,231.00 | 0.01 |
| 18060TAC9 | Clarios Global Lp / Clarios Us Finance C | POWSOL | 6.75 | 05/15/2028 | 2,473,000.00 | 2,525,106.00 | 0.01 |
| 29272WAF6 | Energizer Holdings Inc | ENR | 6.5 | 12/31/2027 | 1,810,000.00 | 1,835,090.00 | 0.01 |
| 29272WAC3 | Energizer Holdings Inc | ENR | 4.75 | 06/15/2028 | 1,425,000.00 | 1,386,813.00 | 0.01 |
| 35908MAD2 | Frontier Communications Holdings Llc | FYBR | 8.75 | 05/15/2030 | 1,700,000.00 | 1,782,446.00 | 0.01 |
| 345397XL2 | FORD Motor Credit Co Llc | F | 4.13 | 08/04/2025 | 2,375,000.00 | 2,375,000.00 | 0.01 |
| 12513GBF5 | CDW Llc / Cdw Finance Corp | CDW | 3.25 | 02/15/2029 | 3,240,000.00 | 3,072,410.00 | 0.01 |
| 1248EPCB7 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.38 | 06/01/2029 | 1,621,000.00 | 1,592,900.00 | 0.01 |
| 1248EPCD3 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 4.75 | 03/01/2030 | 1,277,000.00 | 1,213,032.00 | 0.01 |
| 07317QAK1 | Baytex Energy Corp | BTECN | 7.38 | 03/15/2032 | 2,200,000.00 | 2,124,782.00 | 0.01 |
| 00253XAA9 | American Airlines Inc/aadvantage Loyalty | AAL | 5.5 | 04/20/2026 | 2,613,500.00 | 2,600,432.00 | 0.01 |
| 00489LAH6 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 6.0 | 08/01/2029 | 1,500,000.00 | 1,462,768.00 | 0.01 |
| 013092AB7 | Albertsons Cos Inc / Safeway Inc / New A | ACI | 5.88 | 02/15/2028 | 1,681,000.00 | 1,680,433.00 | 0.01 |
| 552953CD1 | MGM Resorts International | MGM | 4.63 | 09/01/2026 | 1,920,000.00 | 1,913,276.00 | 0.01 |
| 513272AD6 | LAMB Weston Holdings Inc | LW | 4.13 | 01/31/2030 | 2,296,000.00 | 2,181,696.00 | 0.01 |
| 527298BT9 | Level 3 Financing Inc | LVLT | 3.75 | 07/15/2029 | 3,100,000.00 | 2,598,228.00 | 0.01 |
| 58506DAA6 | Medline Borrower Lp/medline Co-issuer In | MEDIND | 6.25 | 04/01/2029 | 1,650,000.00 | 1,685,117.00 | 0.01 |
| 59151KAL2 | Methanex Corp | MXCN | 5.25 | 12/15/2029 | 1,600,000.00 | 1,572,000.00 | 0.01 |
| 50106GAG7 | Kronos Acquisition Holdings Inc | KIKCN | 8.25 | 06/30/2031 | 2,395,000.00 | 2,076,393.00 | 0.01 |
| 432833AS0 | Hilton Domestic Operating Co Inc | HLT | 5.75 | 09/15/2033 | 1,035,000.00 | 1,036,086.00 | 0.01 |
| 39807UAD8 | Greystar Real Estate Partners Llc | GRSTAR | 7.75 | 09/01/2030 | 1,869,000.00 | 1,978,559.00 | 0.01 |
| 380355AH0 | Goeasy Ltd | GSYCN | 9.25 | 12/01/2028 | 2,535,000.00 | 2,684,159.00 | 0.01 |
| 674599BM6 | Occidental Petroleum Corp | OXY | 7.2 | 04/01/2028 | 2,400,000.00 | 2,501,490.00 | 0.01 |
| 65249BAA7 | NEWS Corp | NWSA | 3.88 | 05/15/2029 | 1,863,000.00 | 1,780,591.00 | 0.01 |
| 63861CAE9 | Nationstar Mortgage Holdings Inc | COOP | 5.75 | 11/15/2031 | 2,095,000.00 | 2,112,982.00 | 0.01 |
| 63938CAM0 | Navient Corp | NAVI | 5.5 | 03/15/2029 | 1,690,000.00 | 1,653,564.00 | 0.01 |
| 674599DQ5 | Occidental Petroleum Corp | OXY | 7.13 | 10/15/2027 | 1,230,000.00 | 1,279,479.00 | 0.01 |
| 69073TAU7 | Owens-brockway Glass Container Inc | OI | 7.25 | 05/15/2031 | 2,175,000.00 | 2,199,104.00 | 0.01 |
| 70137TAP0 | Parkland Corp | PKICN | 5.88 | 07/15/2027 | 1,425,000.00 | 1,424,059.00 | 0.01 |
| 75281ABK4 | Range Resources Corp | RRC | 4.75 | 02/15/2030 | 1,875,000.00 | 1,822,714.00 | 0.01 |
| 737446AV6 | POST Holdings Inc | POST | 6.38 | 03/01/2033 | 2,973,000.00 | 2,978,939.00 | 0.01 |
| 77340RAD9 | Rockies Express Pipeline Llc | ROCKIE | 7.5 | 07/15/2038 | 1,611,000.00 | 1,649,604.00 | 0.01 |
| 816196AV1 | Select Medical Corp | SEM | 6.25 | 12/01/2032 | 2,870,000.00 | 2,867,964.00 | 0.01 |
| 893830BL2 | Transocean Inc | RIG | 8.0 | 02/01/2027 | 1,172,000.00 | 1,163,210.00 | 0.01 |
| 85571BAY1 | Starwood Property Trust Inc | STWD | 4.38 | 01/15/2027 | 3,000,000.00 | 2,950,941.00 | 0.01 |
| 92552VAN0 | Viasat Inc | VSAT | 6.5 | 07/15/2028 | 2,825,000.00 | 2,668,472.00 | 0.01 |
| 913229AA8 | United Wholesale Mortgage Llc | UWMLLC | 5.5 | 04/15/2029 | 1,775,000.00 | 1,736,994.00 | 0.01 |
| 911365BN3 | United Rentals North America Inc | URI | 4.0 | 07/15/2030 | 2,906,000.00 | 2,751,357.00 | 0.01 |
| 98953GAD7 | Ziggo Bond Co Bv | ZIGGO | 5.13 | 02/28/2030 | 1,800,000.00 | 1,564,506.00 | 0.01 |
| B0G1ND27S7 | Gbp/usd Fwd 20250902 2568 | GBP | — | 09/02/2025 | -61,487,296.00 | 1,451,502.00 | 0.01 |
| B8AC2XW47 | Heritage Pwr Llc | — | — | — | 23,599.00 | 1,538,855.00 | 0.01 |
| B8AD38TW1 | NEW Generation Gas - Unfunded | — | — | 09/30/2029 | 2,864,865.00 | 2,821,892.00 | 0.01 |
| B8AE3VDG0 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 1,346,561.00 | 1,335,518.00 | 0.01 |
| B8AE3VHV3 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 2,244,268.00 | 2,225,864.00 | 0.01 |
| BL3543891 | Connect Finco Sarl | IMASF | 7.83 | 12/11/2026 | 3,037,795.00 | 3,030,200.00 | 0.01 |
| WNU5 COMDT | US Ultra Bond Cbt Sep25 | WNU5 | — | 09/19/2025 | 57,717,750.00 | 1,444,646.00 | 0.01 |
| O0EF5E2MKB | Eur/usd Fwd 20250902 57918 | EUR | — | 09/02/2025 | -68,648,854.00 | 2,125,797.00 | 0.01 |
| JRQCM0MFUI | Eur/usd Fwd 20250804 Mslngb2x | EUR | — | 08/04/2025 | -68,648,854.00 | 1,500,045.00 | 0.01 |
| PIQESL6KPR | Gbp/usd Fwd 20250804 5 | GBP | — | 08/04/2025 | -61,487,296.00 | 2,454,933.00 | 0.01 |
| BL5072683 | Foundation Building M | FBM | 9.55 | 01/29/2031 | 2,925,000.00 | 2,862,843.00 | 0.01 |
| BLCW936 | Iliad Holding Sasu | ILDFP | 5.63 | 10/15/2028 | 2,600,000.00 | 3,020,617.00 | 0.01 |
| BP816Z6 | MPT Operating Partnership Lp / Mpt Finan | MPW | 0.99 | 10/15/2026 | 1,000,000.00 | 1,067,044.00 | 0.01 |
| RXU5 COMDT | Euro-bund Future Sep25 | RXU5 | — | 09/08/2025 | -17,169,582.00 | 144,781.00 | 0.00 |
| SWB8ADHGPT | Trswap: Iboxig Index 09/20/2025 Mslsw_r | — | — | 09/20/2025 | -57,742.00 | -746,521.00 | 0.00 |
| SWB8ADHGQL | Trswap: Iboxig Index 12/20/2025 Mslsw_r | — | — | 12/20/2025 | -38,458.00 | -508,740.00 | 0.00 |
| L5217E120 | Intelsat Emergence Sa | — | — | — | 1,635,294.00 | 163.00 | 0.00 |
| DUU5 COMDT | Euro-schatz Fut Sep25 | DUU5 | — | 09/08/2025 | 366,496.00 | -1,217.00 | 0.00 |
| OEU5 COMDT | Euro-bobl Future Sep25 | OEU5 | — | 09/08/2025 | 22,884,678.00 | -146,503.00 | 0.00 |
| USU5 COMDT | US Long Bond(cbt) Sep25 | USU5 | — | 09/19/2025 | 80,502,188.00 | 915,632.00 | 0.00 |
| BK5HL57 | Ardagh Packaging Finance Plc / Ardagh Ho | ARGID | 2.13 | 08/15/2026 | 400,000.00 | 455,909.00 | 0.00 |
| B8AE1JR66 | Mitel Networks Intl Lt | — | — | — | 12,419.00 | 124.00 | 0.00 |
| B8AD73HC5 | Xplornet - Contingent Value Rights | — | — | — | 150,521.00 | 15.00 | 0.00 |
| B8AD9KJQ2 | Diamond Sports Grp Llc- Warrants | — | — | — | 4,490,907.00 | 864,050.00 | 0.00 |
| B8AC2XW54 | Heritage Pwr Llc | — | — | — | 617,491.00 | 308,745.00 | 0.00 |
| 817565CH5 | Service Corp International/us | SCI | 5.75 | 10/15/2032 | 850,000.00 | 851,911.00 | 0.00 |
| 77340RAR8 | Rockies Express Pipeline Llc | ROCKIE | 4.95 | 07/15/2029 | 148,000.00 | 144,952.00 | 0.00 |
| 69702HAA6 | Palmer Square Loan Funding 2021-4 Ltd | PSTAT | 5.38 | 10/15/2029 | 48,992.00 | 48,947.00 | 0.00 |
| 69073TAT0 | Owens-brockway Glass Container Inc | OI | 6.63 | 05/13/2027 | 980,000.00 | 980,816.00 | 0.00 |
| 674599DE2 | Occidental Petroleum Corp | OXY | 7.88 | 09/15/2031 | 276,000.00 | 308,213.00 | 0.00 |
| 427098116 | Hercules Llc | HPCW | — | 03/31/2029 | 230 | 0.00 | 0.00 |
| 536797AF0 | Lithia Motors Inc | LAD | 4.38 | 01/15/2031 | 700,000.00 | 657,745.00 | 0.00 |
| 018581AP3 | Bread Financial Holdings Inc | BFH | 9.75 | 03/15/2029 | 100,000.00 | 107,279.00 | 0.00 |
| 021ESCAG3 | ALTA Mesa Holdings Lp / Alta Mesa Financ | ALTMES | — | 12/15/2025 | 104,709,000.00 | 104.00 | 0.00 |
| 001877AA7 | API Group De Inc | APG | 4.13 | 07/15/2029 | 425,000.00 | 405,391.00 | 0.00 |
| 053773BE6 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 5.75 | 07/15/2027 | 537,000.00 | 534,343.00 | 0.00 |
| 053773BF3 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 5.38 | 03/01/2029 | 475,000.00 | 457,133.00 | 0.00 |
| 1248EPCK7 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 4.25 | 02/01/2031 | 643,000.00 | 586,763.00 | 0.00 |
| 126307AZ0 | CSC Holdings Llc | CSCHLD | 6.5 | 02/01/2029 | 960,000.00 | 758,890.00 | 0.00 |
| 23918KAW8 | Davita Inc | DVA | 6.88 | 09/01/2032 | 710,000.00 | 730,539.00 | 0.00 |
| 18064PAC3 | Clarivate Science Holdings Corp | CLVTSC | 3.88 | 07/01/2028 | 750,000.00 | 718,161.00 | 0.00 |
| 25381HAD0 | Digicel Group Holdings Ltd | DLLTD | — | 12/31/2030 | 8,310,935.00 | 831.00 | 0.00 |
| 25381HAM0 | Digicel Group Holdings Ltd | DLLTD | — | 12/31/2030 | 14,848,200.00 | 14.00 | 0.00 |
| 13323AAB6 | Camelot Finance Sa | CCC | 4.5 | 11/01/2026 | 593,000.00 | 584,235.00 | 0.00 |
| 17302XAM8 | Citgo Petroleum Corp | CITPET | 6.38 | 06/15/2026 | 726,000.00 | 725,589.00 | 0.00 |
| 70FL1TMK7Q | Gbp/usd Fwd 20250804 2568 | GBP | — | 08/04/2025 | 61,487,296.00 | -1,451,644.00 | -0.01 |
| TUU5 COMDT | US 2yr Note (cbt) Sep25 | TUU5 | — | 09/30/2025 | 750,318,363.00 | -1,511,104.00 | -0.01 |
| EDSCMBHTLO | Eur/usd Fwd 20250804 57918 | EUR | — | 08/04/2025 | 68,648,854.00 | -2,121,214.00 | -0.01 |
| SWB8ADPB0F | Trswap: Iboxig Index 09/20/2025 Jpmsw_r | — | — | 09/22/2025 | -163,492.00 | -1,534,946.00 | -0.01 |
| SWB8ADPKW6 | Trswap: Iboxig Index 09/22/2025 Bnpsw_r | — | — | 09/22/2025 | -233,744.00 | -1,928,035.00 | -0.01 |
| SWB8ADYKA9 | Trswap: Iboxig Index 12/22/2025 Mslsw_r | — | — | 12/22/2025 | -450,823.00 | -4,128,864.00 | -0.02 |
| CURRENCY | Currency | — | — | — | -7,436,814.00 | -7,013,087.00 | -0.03 |
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.
VISITOR agrees that misappropriation or misuse of such materials will cause serious damage to CGS and ABA, and that in such event, money damages may not constitute sufficient compensation to CGS and ABA; consequently, VISITOR agrees that in the event of any misappropriation or misuse, CGS and ABA shall have the right to obtain injunctive relief in addition to any other legal or financial remedies to which CGS and ABA may be entitled.
VISITOR agrees that VISITOR shall not publish or distribute in any medium the CUSIP Database or any substantial portion of the information contained therein or summaries or subsets thereof to any person or entity unless permitted by a direct agreement with CGS. VISITOR may not create or maintain a master file or database of CUSIP identifiers or descriptions for itself or any third party recipient that is intended to serve as a substitute for any CUSIP service.
VISITOR agrees not to:
(a) Violate the restrictions in any robot inclusion headers on the Subscriber Web Site or in any way bypass or circumvent any other measure employed to limit or prevent access to the CUSIP Database on the Subscriber Web Site;
(b) Violate the security of the Subscriber Web Site or attempt to gain unauthorized access to the Web Site, CUSIP Database, materials, information, computer systems or networks connected to Subscriber server, through hacking, password mining or any other means; or
(c) Interfere or attempt to interfere with the proper working of the Subscriber Web Site or any activities conducted on or through the Subscriber Web Site, including accessing any CUSIP Database, content or other information prior to the time that is intended to be available to the public on the Subscriber Web Site;
NEITHER CGS, ABA NOR ANY OF THEIR AFFILIATES MAKE ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO THE ACCURACY, ADEQUACY OR COMPLETENESS OF ANY OF THE INFORMATION CONTAINED IN THE CUSIP DATABASE. ALL SUCH MATERIALS ARE PROVIDED TO VISITOR ON AN “AS IS” BASIS, WITHOUT ANY WARRANTIES AS TO MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE NOR WITH RESPECT TO THE RESULTS WHICH MAY BE OBTAINED FROM THE USE OF SUCH MATERIALS. NEITHER CGS, ABA NOR THEIR AFFILIATES SHALL HAVE ANY RESPONSIBILITY OR LIABILITY FOR ANY ERRORS OR OMISSIONS NOR SHALL THEY BE LIABLE FOR ANY DAMAGES, WHETHER DIRECT OR INDIRECT, SPECIAL OR CONSEQUENTIAL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL THE LIABILITY OF CGS, ABA OR ANY OF THEIR AFFILIATES PURSUANT TO ANY CAUSE OF ACTION, WHETHER IN CONTRACT, TORT, OR OTHERWISE, EXCEED THE FEE PAID BY VISITOR FOR ACCESS TO SUCH MATERIALS IN THE MONTH IN WHICH SUCH CAUSE OF ACTION IS ALLEGED TO HAVE ARISEN. FURTHERMORE, CGS AND ABA SHALL HAVE NO RESPONSIBILITY OR LIABILITY FOR DELAYS OR FAILURES DUE TO CIRCUMSTANCES BEYOND THEIR CONTROL.
VISITOR agrees that the foregoing terms and conditions shall survive any termination of its right of access to the materials identified above.
ABOUT
PGIM Fixed Income, with $862 billion in assets under management as of March 31, 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, CFA
Managing Director and Head of U.S. High Yield for PGIM Fixed Income
Robert Cignarella, CFA, is a Managing Director and Head of U.S. High Yield for PGIM Fixed Income.
Robert Spano, CFA
Principal and Portfolio Manager for PGIM Fixed Income's U.S. High Yield Bond Team
|PGIM Fixed Income
Robert Spano, CFA, CPA, is a Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Bond Team.
Brian Clapp
Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Team
|PGIM Fixed Income
Brian Clapp, CFA, is a Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Team.
Michael Gormally
Vice President, Portfolio Manager, and a Trader for PGIM Fixed Income's U.S. High Yield Bond Team
|PGIM Fixed Income
Michael Gormally is a Vice President, portfolio manager, and trader for PGIM Fixed Income's U.S. High Yield Bond Team
Brian Lalli
Principal and portfolio manager for PGIM Fixed Income's U.S. High Yield Bond Team
|PGIM Fixed Income
Brian Lalli is a Principal and portfolio manager for PGIM Fixed Income's U.S. High Yield Bond Team.
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. Standard deviation depicts how widely returns vary around its average and is used to understand the range of returns most likely for a given fund. A higher standard deviation generally implies greater volatility. Overweight/Underweights are benchmarked against the Bloomberg Capital 1-5 Year US Credit Index, an unmanaged index of publicly issued US corporate and specified foreign debentures and secured notes that meet specific maturity (between one and five years), liquidity, and quality requirements. It gives a broad look at how short and intermediate-term bonds have performed. An investment cannot be made directly in an index. 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.
© 2025 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.
BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). Bloomberg or Bloomberg’s licensors own all proprietary rights in the Bloomberg Indices. Bloomberg neither approves nor endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results obtained therefrom and, to the maximum extend allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.
Class R shares are closed to new investors. Class R2 shares and Class R4 shares are only offered for sale to group retirement plans available through a retirement recordkeeper or third party administrator. 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.
Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.
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 | May lose value | Are not a deposit of or guaranteed by any bank or any bank affiliate.
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.
4341190 Ed. 03/2025
Fund Literature
| document name | audience | updated | order code |
|---|
