PGIM Strategic Bond Fund (PUCZX)
A:PUCAX
C:PUCCX
R6:PUCQX
Z:PUCZX
$8.55
(
$
)
$
)
1-Day Change
YTD: 5.24%
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.
Objective
Seeks to maximize total return by investing in a diversified portfolio of bonds from multiple fixed income sectors. The Fund may be appropriate for investors seeking current income and capital appreciation in a multi-sector bond fund.
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
Style:
Multi-Sector Bond
Total Net Assets:
$1.170 Billion
Dividends (Paid):
Monthly
Dividends (Accrued):
Daily
Capital Gains:
Annually
Fund Statistics
AS OF
07/31/2025
|
Name
|
Weight
|
|---|---|
| Average Maturity (years) | 7.4 |
| Duration (years) | 4.6 |
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. The Fund is deemed a commodity pool and compliance with certain commodity pool regulations may cause the Fund's expenses to increase. Floating rate and other loans are subject to the risk that failure to receive scheduled interest or principal payments on a loan would adversely affect the income of the Fund and would likely reduce the value of its assets. Mortgage-backed and asset-backed securities tend to increase in value less than other debt securities when interest rates decline, but are subject to a similar risk of decline in market value during periods of rising interest rates. Foreign securities are subject to currency fluctuations and political uncertainty. Investments in currency may result in a decline in the fund’s net asset value due to changes in exchange rates. Derivatives may carry market, credit and liquidity risks. Leveraging techniques may magnify loses. 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 (%)
as of
| 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 Strategic Bond Fund.
See Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Strategic Bond Fund.
See Daily Returns for the PGIM Strategic Bond Fund.
See Quarterly SEC Standardized Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Strategic Bond Fund.
|
Fund Expenses
|
Maximum Sales Charge (%)
|
|||
|---|---|---|---|---|
|
Class
|
Gross (%)
|
Net (%)
|
Date*
|
|
| A | 0.99 | 0.96 | 06/30/2026 | 3.25 |
| C | 1.77 | 1.74 | 06/30/2026 | 1.00 |
| R6 | 0.65 | 0.59 | 06/30/2026 | — |
| Z | 0.75 | 0.62 | 06/30/2026 | — |
*This date represents the contractual reduction date through which the net expense ratio is in effect.
Total return describes the return to the investor after net operating expenses but before any sales charges are imposed. Morningstar Category Average is unmanaged, is based on the average return of all funds in this category, and does not take into consideration applicable sales charges. Unless noted otherwise, Morningstar Category Average and index returns reflect performance beginning the closest month-end date to the Fund's inception. Benchmark since inception average is based on Class Z inception date. SEC standardized return describes the return to the investor after net operating expense and maximum sales charges are imposed. All returns assume share price changes as well as the compounding effect of reinvested dividends and capital gains. Returns may reflect fee waivers and/or expense reimbursements. Without such, returns would be lower. All returns 1-year or less are cumulative.
Morningstar Multisector Bond Category Average: Multisector-bond portfolios seek income by diversifying their assets among several fixed-income sectors, usually U.S. government obligations, U.S. corporate bonds, foreign bonds, and high-yield U.S. debt securities. These portfolios typically hold 35% to 65% of bond assets in securities that are not rated or are rated by a major agency such as Standard & Poor's or Moody's at the level of BB (considered speculative for taxable bonds) and below.
The Bloomberg Intermediate US Aggregate Bond Index is the intermediate component of the Bloomberg US Aggregate Bond Index, which is unmanaged and represents securities that are SEC-registered, taxable, and dollar denominated and covers the US investment-grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities.
An investment cannot be made directly in an index or average. All indexes and averages are unmanaged.
Prices
AS OF
08/22/2025
|
Class
|
NAV ($)
|
NAV Change ($)
|
NAV Change (%)
|
POP ($)
|
Total Net Assets ($)
|
|---|---|---|---|---|---|
| A | 8.56 |
0.05
|
0.59 | 8.85 | 89,487,163.69 |
| C | 8.54 |
0.04
|
0.47 | — | 44,233,061.50 |
| R6 | 8.56 |
0.04
|
0.47 | — | 121,530,492.49 |
| Z | 8.55 |
0.04
|
0.47 | — | 874,533,862.71 |
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 $U.S. value over the previous day:
= Gain, 
= Loss, 
= No Change.
See Prices of other PGIM Investments Mutual Funds.
52 Week High/Low
AS OF
08/22/2025
|
Class
|
52 Week High ($)
|
52 Week High Date
|
52 Week Low ($)
|
52 Week Low Date
|
|---|---|---|---|---|
| A | 8.66 | 09/17/2024 | 8.28 | 04/11/2025 |
| C | 8.64 | 10/01/2024 | 8.27 | 04/11/2025 |
| R6 | 8.66 | 09/17/2024 | 8.28 | 04/11/2025 |
| Z | 8.65 | 10/01/2024 | 8.28 | 04/11/2025 |
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
AS OF
07/31/2025
| 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 | 4.88 | 4.85 | 4.70 | 4.86 | — |
| C - View Prospectus | 4.25 | 4.22 | — | 4.07 | — |
| R6 - View Prospectus | 5.41 | 5.35 | — | 5.22 | — |
| Z - View Prospectus | 5.38 | 5.26 | — | 5.19 | — |
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
AS OF
07/31/2025
Sector vs Benchmark
|
Sector
|
Fund (% of Assets)
|
Overweight Underweight
|
|---|---|---|
| U.S. Govt Related | 35.3% | -39.2% |
| Treas | 9.3% | —% |
| Agency | 0.0% | —% |
| MBS | 26.0% | —% |
| Inv Grade Corp | 11.3% | -8.3% |
| Foreign Govt Related | 0.2% | -2.3% |
| U.S Municipals | 0.1% | -0.1% |
| Bank Loans | 1.2% | 1.2% |
| Non Agency MBS | 4.7% | 4.7% |
| Commercial MBS | 6.8% | 5.0% |
| Emerging Markets | 10.4% | 9.4% |
| ABS | 12.0% | 11.6% |
| High Yield | 18.7% | 18.7% |
| Cash/Equiv | -0.6% | —% |
Credit Quality (% of Assets)
| AAA | 7.0% |
| AA | 41.1% |
| A | 5.7% |
| BBB | 15.1% |
| BB | 18.5% |
| B | 6.9% |
| CCC | 2.0% |
| Not Rated | 4.3% |
| Cash/Equiv | -0.5% |
FUND STATISTICS
AS OF
07/31/2025
| Average Maturity (years) | 7.4 |
| Duration (years) | 4.6 |
All data is unaudited and subject to change. Holdings/allocations may vary. Total number of holdings based on issuers. Largest holdings excludes cash, cash equivalents, money market funds and enhanced cash strategies. This is not a recommendation to buy or sell any security listed. Largest holdings exclude cash, cash equivalents, money market funds and enhanced cash strategies. Negative holdings reflect outstanding trades at period end.
Fund Holdings
AS OF
07/31/2025
Holdings are unaudited, may vary and are subject to change. Please refer to the Fund's annual report for audited holdings information. This is not a recommendation to buy or sell any security listed.
Value ($): Cash securities are calculated using market value and derivative securities are calculated using notional value.
Source: Bank of New York Mellon. Holdings are provided to Prudential Financial by the custodian bank and Prudential Financial is not responsible for any errors or omissions related to the holdings data.
© 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved.
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 | 60,564,834.00 | 60,564,833.00 | 4.89 |
| 91282CHT1 | United States Treasury Note/bond | T | 3.88 | 08/15/2033 | 34,500,000.00 | 33,669,843.00 | 2.72 |
| 91282CDK4 | United States Treasury Note/bond | T | 1.25 | 11/30/2026 | 32,620,000.00 | 31,436,250.00 | 2.54 |
| 01F020695 | Fannie Mae Or Freddie Mac | FNCL | 2.0 | 09/15/2055 | 29,000,000.00 | 22,692,936.00 | 1.83 |
| 48128BAN1 | Jpmorgan Chase & Co | JPM | 3.65 | 09/01/2173 | 18,000,000.00 | 17,722,017.00 | 1.43 |
| 3132DWNK5 | Freddie Mac Pool | FR | 5.5 | 01/01/2055 | 15,671,440.00 | 15,592,757.00 | 1.26 |
| 70018AAL4 | PARK Avenue Institutional Advisers Clo L | PAIA | 6.28 | 10/15/2034 | 15,000,000.00 | 14,995,245.00 | 1.21 |
| 31418EES5 | Fannie Mae Pool | FN | 4.0 | 05/01/2052 | 12,691,117.00 | 11,729,098.00 | 0.95 |
| 95003EAJ5 | Wells Fargo Commercial Mortgage Trust 20 | WFCM | 8.96 | 05/15/2031 | 11,200,000.00 | 11,239,281.00 | 0.91 |
| 31418ECR9 | Fannie Mae Pool | FN | 3.0 | 04/01/2052 | 12,795,714.00 | 10,971,343.00 | 0.89 |
| XS29319658 | Tikehau Clo Ix Dac | TIKEH | 4.02 | 01/20/2037 | 9,500,000.00 | 10,859,396.00 | 0.88 |
| XS24031203 | Fidelity Grand Harbour Clo 2021-1 Dac | FICLO | 3.78 | 10/15/2034 | 9,000,000.00 | 10,297,491.00 | 0.83 |
| XS24007579 | ST Paul's Clo Iv Dac | SPAUL | 1.87 | 04/25/2030 | 9,200,000.00 | 10,128,136.00 | 0.82 |
| 01F060691 | Fannie Mae Or Freddie Mac | FNCL | 6.0 | 09/15/2055 | 10,000,000.00 | 10,128,843.00 | 0.82 |
| 3132DVLE3 | Freddie Mac Pool | FR | 2.5 | 10/01/2050 | 11,678,728.00 | 9,802,707.00 | 0.79 |
| XS23918343 | Carlyle Euro Clo 2021-2 Dac | CGMSE | 2.1 | 10/15/2035 | 9,100,000.00 | 9,791,451.00 | 0.79 |
| XS23206968 | Carlyle Euro Clo 2019-1 Dac | CGMSE | 3.63 | 03/15/2032 | 8,250,000.00 | 9,434,275.00 | 0.76 |
| 3133AADG4 | Freddie Mac Pool | FR | 2.5 | 09/01/2050 | 11,152,971.00 | 9,241,055.00 | 0.75 |
| XS23881984 | ST Pauls Clo | SPAUL | 2.5 | 01/17/2032 | 8,500,000.00 | 9,102,250.00 | 0.74 |
| XS24187631 | Madison Park Euro Funding Xiv Dac | MDPKE | 3.73 | 07/15/2032 | 8,050,000.00 | 9,189,924.00 | 0.74 |
| 01F052698 | Fannie Mae Or Freddie Mac | FNCL | 5.5 | 09/15/2055 | 9,000,000.00 | 8,944,968.00 | 0.72 |
| 3140XCCM8 | Fannie Mae Pool | FN | 2.5 | 08/01/2051 | 10,594,152.00 | 8,784,710.00 | 0.71 |
| 31418D7G1 | Fannie Mae Pool | FN | 3.0 | 12/01/2051 | 9,770,139.00 | 8,422,346.00 | 0.68 |
| 17308CC53 | Citigroup Inc | C | 2.98 | 11/05/2030 | 8,950,000.00 | 8,352,818.00 | 0.67 |
| 91282CMC2 | United States Treasury Note/bond | T | 4.5 | 12/31/2031 | 7,385,000.00 | 7,551,162.00 | 0.61 |
| 3132DWDT7 | Freddie Mac Pool | FR | 3.5 | 05/01/2052 | 7,640,063.00 | 6,837,758.00 | 0.55 |
| XS24337152 | Bilbao Clo Iv Dac | BILB | 4.23 | 04/15/2036 | 5,900,000.00 | 6,756,174.00 | 0.55 |
| 36179XDE3 | Ginnie Mae Ii Pool | G2 | 4.5 | 08/20/2052 | 6,926,920.00 | 6,629,988.00 | 0.54 |
| 3132DWCP6 | Freddie Mac Pool | FR | 2.5 | 11/01/2051 | 7,743,311.00 | 6,376,691.00 | 0.52 |
| 860630AG7 | Stifel Financial Corp | SF | 4.0 | 05/15/2030 | 6,525,000.00 | 6,284,934.00 | 0.51 |
| XS29787348 | Nassau Euro Clo Ii Dac | NGCE | 3.84 | 04/25/2039 | 5,500,000.00 | 6,272,319.00 | 0.51 |
| 912834JB5 | United States Treasury Strip Coupon | S | — | 08/15/2040 | 13,050,000.00 | 6,203,582.00 | 0.50 |
| 912810SK5 | United States Treasury Note/bond | T | 2.38 | 11/15/2049 | 9,600,000.00 | 6,093,000.00 | 0.49 |
| 61747YEL5 | Morgan Stanley | MS | 2.94 | 01/21/2033 | 6,820,000.00 | 6,091,764.00 | 0.49 |
| 31418ED80 | Fannie Mae Pool | FN | 4.0 | 06/01/2052 | 6,514,498.00 | 6,021,006.00 | 0.49 |
| 09627FBE9 | Bluemountain Clo Xxv Ltd | BLUEM | 6.17 | 01/15/2038 | 6,000,000.00 | 5,990,856.00 | 0.48 |
| 28623RBG2 | Elevation Clo 2021-14 Ltd | AWPT | 6.03 | 01/20/2038 | 5,750,000.00 | 5,744,237.00 | 0.46 |
| BQZCN70 | CD&R Firefly Bidco Plc | MOTFUE | 8.63 | 04/30/2029 | 4,175,000.00 | 5,679,125.00 | 0.46 |
| 39810DAA7 | Greystone Commercial Capital Trust Serie | GRYCCT | 7.47 | 05/31/2026 | 6,293,306.00 | 5,601,042.00 | 0.45 |
| 75888HAY7 | Regatta Xii Funding Ltd | REG12 | 6.12 | 10/15/2037 | 5,500,000.00 | 5,520,452.00 | 0.45 |
| 445545AX4 | Hungary Government International Bond | REPHUN | 6.75 | 09/23/2055 | 5,325,000.00 | 5,392,574.00 | 0.44 |
| 6174468G7 | Morgan Stanley | MS | 4.43 | 01/23/2030 | 5,500,000.00 | 5,479,205.00 | 0.44 |
| 21H052694 | Ginnie Mae | G2SF | 5.5 | 09/15/2054 | 5,500,000.00 | 5,477,636.00 | 0.44 |
| 586915AE0 | Menlo Clo I Ltd | MENLO | 6.58 | 01/20/2038 | 5,150,000.00 | 5,178,842.00 | 0.42 |
| 59284MAD6 | Mexico City Airport Trust | MEXCAT | 5.5 | 07/31/2047 | 6,142,000.00 | 5,145,030.00 | 0.42 |
| 31418EDE7 | Fannie Mae Pool | FN | 3.5 | 05/01/2052 | 5,437,230.00 | 4,866,244.00 | 0.39 |
| 31418EKV1 | Fannie Mae Pool | FN | 5.5 | 11/01/2052 | 4,645,536.00 | 4,646,507.00 | 0.38 |
| 77586RAX8 | Romanian Government International Bond | ROMANI | 6.63 | 05/16/2036 | 4,700,000.00 | 4,700,000.00 | 0.38 |
| 36179WT24 | Ginnie Mae Ii Pool | G2 | 3.5 | 12/20/2051 | 5,046,092.00 | 4,556,957.00 | 0.37 |
| 36179WNF1 | Ginnie Mae Ii Pool | G2 | 3.0 | 09/01/2051 | 5,043,150.00 | 4,410,212.00 | 0.36 |
| 3132DV6U4 | Freddie Mac Pool | FR | 2.5 | 08/01/2050 | 5,435,969.00 | 4,504,098.00 | 0.36 |
| CURRENCY | Currency | — | — | — | 4,377,098.00 | 4,396,601.00 | 0.36 |
| 98462YAF7 | Yamana Gold Inc | YRICN | 2.63 | 08/15/2031 | 5,000,000.00 | 4,354,086.00 | 0.35 |
| 3140XF7L9 | Fannie Mae Pool | FN | 3.0 | 02/01/2052 | 5,046,639.00 | 4,358,928.00 | 0.35 |
| 31418ECS7 | Fannie Mae Pool | FN | 3.5 | 04/01/2052 | 4,776,132.00 | 4,274,565.00 | 0.35 |
| 90137LAL4 | 20 Times Square Trust 2018-20ts | TSQ | 3.1 | 05/01/2035 | 4,900,000.00 | 4,385,500.00 | 0.35 |
| 90137LAN0 | 20 Times Square Trust 2018-20ts | TSQ | 3.1 | 05/01/2035 | 5,000,000.00 | 4,325,000.00 | 0.35 |
| XS20100266 | Sherwood Financing Plc | ARWLN | 6.0 | 11/15/2026 | 3,250,000.00 | 4,238,461.00 | 0.34 |
| 36179VVX5 | Ginnie Mae Ii Pool | G2 | 2.0 | 10/20/2050 | 5,084,835.00 | 4,106,531.00 | 0.33 |
| 25470XAY1 | DISH Dbs Corp | DISH | 7.75 | 07/01/2026 | 4,570,000.00 | 4,061,714.00 | 0.33 |
| 131347CN4 | Calpine Corp | CPN | 5.13 | 03/15/2028 | 4,000,000.00 | 3,980,443.00 | 0.32 |
| 05610WAE0 | BPR Trust 2023-brk2 | BPR | 8.34 | 10/01/2038 | 3,800,000.00 | 3,972,767.00 | 0.32 |
| 74143LAA4 | PRET 2025-npl5 Llc | PRET | 6.24 | 05/25/2055 | 3,914,730.00 | 3,918,043.00 | 0.32 |
| 745310AK8 | Puget Energy Inc | PSD | 4.1 | 06/15/2030 | 4,130,000.00 | 3,976,568.00 | 0.32 |
| 55820CBA2 | Madison Park Funding Xxix Ltd | MDPK | 5.93 | 03/25/2038 | 4,000,000.00 | 4,006,354.00 | 0.32 |
| B8A9598C3 | Ferrellgas Escrow Llc 3/30/31 Preferred | — | 8.96 | 03/30/2031 | 3,925,000.00 | 3,925,000.00 | 0.32 |
| 44267DAE7 | Howard Hughes Corp/the | HHH | 4.13 | 02/01/2029 | 4,000,000.00 | 3,816,329.00 | 0.31 |
| 69392AAA6 | PMT Credit Risk Transfer Trust 2024-3r | PMTCR | 7.45 | 09/27/2028 | 3,827,718.00 | 3,864,007.00 | 0.31 |
| 912810QZ4 | United States Treasury Note/bond | T | 3.13 | 02/15/2043 | 4,825,000.00 | 3,835,121.00 | 0.31 |
| 10554TAH8 | Braskem Netherlands Finance Bv | BRASKM | 8.5 | 01/12/2031 | 4,925,000.00 | 3,853,812.00 | 0.31 |
| 221625AV8 | Ivory Coast Government International Bon | IVYCST | 8.08 | 04/01/2036 | 3,850,000.00 | 3,788,400.00 | 0.31 |
| 69382KAA6 | PRPM 2025-4 Llc | PRPM | 6.18 | 06/01/2030 | 3,751,957.00 | 3,757,200.00 | 0.30 |
| 61744YAP3 | Morgan Stanley | MS | 3.77 | 01/24/2029 | 3,780,000.00 | 3,717,723.00 | 0.30 |
| BL0HM90 | Ivory Coast Government International Bon | IVYCST | 5.88 | 10/17/2031 | 3,316,000.00 | 3,676,605.00 | 0.30 |
| BMDHPV7 | Serbia International Bond | SERBIA | 3.13 | 05/15/2027 | 3,107,000.00 | 3,545,708.00 | 0.29 |
| BSF1TT5 | Digicel Intermediate Holdings Ltd / Digi | DIINFL | 11.25 | 05/25/2027 | 3,605,371.00 | 3,608,074.00 | 0.29 |
| 852060AT9 | Sprint Capital Corp | S | 8.75 | 03/15/2032 | 3,000,000.00 | 3,624,524.00 | 0.29 |
| 902973BC9 | US Bancorp | USB | 3.7 | 01/15/2174 | 3,660,000.00 | 3,525,946.00 | 0.28 |
| 57701RAM4 | Mattamy Group Corp | MATHOM | 4.63 | 03/01/2030 | 3,575,000.00 | 3,422,311.00 | 0.28 |
| 35566CBD6 | Freddie Mac Stacr Remic Trust 2020-dna6 | STACR | 7.35 | 12/25/2050 | 3,240,000.00 | 3,454,646.00 | 0.28 |
| 3137FQKQ5 | Freddie Mac Multifamily Structured Pass | FHMS | 0.63 | 11/01/2029 | 146,690,171.00 | 3,418,599.00 | 0.28 |
| 3136BWRC2 | Fannie Mae Remics | FNR | 4.34 | 07/25/2055 | 3,457,963.00 | 3,460,260.00 | 0.28 |
| 3140XJ6F5 | Fannie Mae Pool | FN | 3.0 | 02/01/2052 | 3,760,435.00 | 3,225,477.00 | 0.26 |
| 3140XJNF6 | Fannie Mae Pool | FN | 4.5 | 12/01/2050 | 3,270,262.00 | 3,204,362.00 | 0.26 |
| 07556QBT1 | Beazer Homes Usa Inc | BZH | 7.25 | 10/15/2029 | 3,233,000.00 | 3,252,927.00 | 0.26 |
| 629377CR1 | NRG Energy Inc | NRG | 3.63 | 02/15/2031 | 3,525,000.00 | 3,226,550.00 | 0.26 |
| 92840MAB8 | Vistra Corp | VST | 8.0 | 04/15/2174 | 3,125,000.00 | 3,188,335.00 | 0.26 |
| 92840VAG7 | Vistra Operations Co Llc | VST | 3.7 | 01/30/2027 | 3,105,000.00 | 3,061,900.00 | 0.25 |
| 707569AS8 | PENN Entertainment Inc | PENN | 5.63 | 01/15/2027 | 3,125,000.00 | 3,109,570.00 | 0.25 |
| 50205PAA0 | Lhome Mortgage Trust 2024-rtl4 | LHOME | 5.92 | 07/25/2039 | 3,100,000.00 | 3,105,458.00 | 0.25 |
| 36262MAL2 | GS Mortgage Securities Corportation Trus | GSMS | 9.01 | 10/15/2036 | 3,090,000.00 | 3,040,789.00 | 0.25 |
| 36267QAA2 | CLUE Opco Llc | FWRD | 9.5 | 10/15/2031 | 2,881,000.00 | 3,055,080.00 | 0.25 |
| 31418DV74 | Fannie Mae Pool | FN | 2.0 | 01/01/2051 | 3,883,686.00 | 3,060,440.00 | 0.25 |
| BKLXG54 | Virgin Media Secured Finance Plc | VMED | 4.25 | 01/15/2030 | 2,600,000.00 | 3,151,440.00 | 0.25 |
| 31418FMJ3 | Fannie Mae Pool | FN | 5.5 | 07/01/2055 | 2,993,475.00 | 2,978,444.00 | 0.24 |
| 235825AF3 | DANA Inc | DAN | 5.38 | 11/15/2027 | 3,015,000.00 | 3,013,103.00 | 0.24 |
| 25466AAR2 | Capital One Na | COF | 2.7 | 02/06/2030 | 3,275,000.00 | 3,025,414.00 | 0.24 |
| 29273VAM2 | Energy Transfer Lp | ET | 7.13 | 05/15/2174 | 2,900,000.00 | 2,966,804.00 | 0.24 |
| 3132DWC84 | Freddie Mac Pool | FR | 3.0 | 02/01/2052 | 3,454,766.00 | 2,962,586.00 | 0.24 |
| 3132DWPH0 | Freddie Mac Pool | FR | 5.5 | 04/01/2055 | 2,974,903.00 | 2,961,805.00 | 0.24 |
| 06738ECY9 | Barclays Plc | BACR | 5.37 | 02/25/2031 | 2,865,000.00 | 2,924,331.00 | 0.24 |
| 07134QAQ9 | Battalion Clo 18 Ltd | BATLN | 6.33 | 10/15/2036 | 3,000,000.00 | 3,000,000.00 | 0.24 |
| 52476AAA1 | Legacy Mortgage Asset Trust 2025-pr1 | LMAT | 6.0 | 01/25/2061 | 3,023,950.00 | 2,999,693.00 | 0.24 |
| 912810SE9 | United States Treasury Note/bond | T | 3.38 | 11/15/2048 | 3,825,000.00 | 2,987,683.00 | 0.24 |
| 912810TW8 | United States Treasury Note/bond | T | 4.75 | 11/15/2043 | 2,970,000.00 | 2,931,946.00 | 0.24 |
| 527298BV4 | Level 3 Financing Inc | LVLT | 11.0 | 11/15/2029 | 2,544,696.00 | 2,890,647.00 | 0.23 |
| 67389JAB4 | Oaktown Re Vii Ltd | OMIR | 7.25 | 04/25/2034 | 2,770,171.00 | 2,796,330.00 | 0.23 |
| 36179WVW5 | Ginnie Mae Ii Pool | G2 | 3.5 | 01/01/2052 | 3,132,175.00 | 2,826,801.00 | 0.23 |
| BL5016946 | Zegona Holdco Ltd | ZEGLN | 5.33 | 07/17/2029 | 2,500,000.00 | 2,851,981.00 | 0.23 |
| BRPSDX1 | Sherwood Financing Plc | ARWLN | 2.01 | 12/15/2029 | 2,475,000.00 | 2,819,272.00 | 0.23 |
| BNVVN03 | Nissan Motor Co Ltd | NSANY | 6.38 | 07/17/2033 | 2,500,000.00 | 2,903,840.00 | 0.23 |
| BZ97T10 | Angolan Government International Bond | ANGOL | 9.5 | 11/12/2025 | 2,840,000.00 | 2,855,989.00 | 0.23 |
| XS30795944 | Jerrold Finco Plc | JERRGB | 7.5 | 06/15/2031 | 2,075,000.00 | 2,803,727.00 | 0.23 |
| BNRP116 | VEON Midco Bv | VEONHD | 3.38 | 11/25/2027 | 2,950,000.00 | 2,728,750.00 | 0.22 |
| BLH1JL6 | Egypt Government International Bond | EGYPT | 3.88 | 02/16/2026 | 2,800,000.00 | 2,752,400.00 | 0.22 |
| 912810UE6 | United States Treasury Note/bond | T | 4.5 | 11/15/2054 | 2,895,000.00 | 2,715,871.00 | 0.22 |
| 71654QCG5 | Petroleos Mexicanos | PEMEX | 6.5 | 03/13/2027 | 2,662,000.00 | 2,661,281.00 | 0.22 |
| 68269HAD7 | Onemain Financial Issuance Trust 2023-2 | OMFIT | 7.52 | 09/15/2036 | 2,600,000.00 | 2,665,260.00 | 0.22 |
| 06051GHZ5 | BANK Of America Corp | BAC | 2.5 | 02/13/2031 | 2,935,000.00 | 2,679,396.00 | 0.22 |
| 097751BX8 | Bombardier Inc | BBDBCN | 6.0 | 02/15/2028 | 2,750,000.00 | 2,760,312.00 | 0.22 |
| 131347CP9 | Calpine Corp | CPN | 4.63 | 02/01/2029 | 2,775,000.00 | 2,727,571.00 | 0.22 |
| 26847NAD3 | EFMT 2025-inv3 | EFMT | 6.17 | 07/01/2070 | 2,583,000.00 | 2,582,963.00 | 0.21 |
| 3137HLZC9 | Freddie Mac Remics | FHR | 4.34 | 06/25/2055 | 2,591,225.00 | 2,592,946.00 | 0.21 |
| BF2D3D5 | Eskom Holdings Soc Ltd | ESKOM | 8.45 | 08/10/2028 | 2,504,000.00 | 2,641,720.00 | 0.21 |
| BN76XP7 | Mizrahi Tefahot Bank Ltd | MZRHIT | 3.08 | 04/07/2031 | 2,545,000.00 | 2,496,924.00 | 0.20 |
| 31418D2K7 | Fannie Mae Pool | FN | 1.5 | 07/01/2051 | 3,357,945.00 | 2,494,373.00 | 0.20 |
| 31418EM23 | Fannie Mae Pool | FN | 6.0 | 12/01/2052 | 2,406,246.00 | 2,451,042.00 | 0.20 |
| 3132DWE66 | Freddie Mac Pool | FR | 4.5 | 10/01/2052 | 2,564,897.00 | 2,437,520.00 | 0.20 |
| 3132DWEB5 | Freddie Mac Pool | FR | 4.5 | 06/01/2052 | 2,542,145.00 | 2,415,726.00 | 0.20 |
| 29646AAC0 | Eskom Holdings Soc Ltd | ESKOM | 6.35 | 08/10/2028 | 2,485,000.00 | 2,524,337.00 | 0.20 |
| 30607FAA8 | Falabella Sa | BFALA | 3.38 | 01/15/2032 | 2,855,000.00 | 2,489,560.00 | 0.20 |
| 071734AL1 | Bausch Health Cos Inc | BHCCN | 5.25 | 02/15/2031 | 4,025,000.00 | 2,435,125.00 | 0.20 |
| 01F050684 | Fannie Mae Or Freddie Mac | FNCL | 5.0 | 08/15/2055 | 2,500,000.00 | 2,432,994.00 | 0.20 |
| 01F052680 | Fannie Mae Or Freddie Mac | FNCL | 5.5 | 08/15/2055 | 2,500,000.00 | 2,486,764.00 | 0.20 |
| 00833BAD0 | Affirm Master Trust | AFRMT | 5.62 | 02/15/2033 | 2,500,000.00 | 2,505,322.00 | 0.20 |
| 69344A883 | PGIM Floating Rate Income Etf | PFRL | — | — | 50,000.00 | 2,517,250.00 | 0.20 |
| 912834FB9 | United States Treasury Strip Coupon | S | — | 02/15/2040 | 5,135,000.00 | 2,520,498.00 | 0.20 |
| 628530BC0 | Mylan Inc | VTRS | 5.4 | 11/29/2043 | 3,000,000.00 | 2,513,860.00 | 0.20 |
| 534747AA8 | Linct 2024-1 A1x | — | 4.35 | 08/04/2025 | 2,373,000.00 | 2,373,000.00 | 0.19 |
| 38379WM25 | Government National Mortgage Association | GNR | 3.0 | 05/01/2046 | 2,696,871.00 | 2,386,083.00 | 0.19 |
| 95000U2Q5 | Wells Fargo & Co | WFC | 3.07 | 04/30/2041 | 3,150,000.00 | 2,374,032.00 | 0.19 |
| 83368RBJ0 | Societe Generale Sa | SOCGEN | 3.34 | 01/21/2033 | 2,580,000.00 | 2,291,483.00 | 0.19 |
| 77586RAY6 | Romanian Government International Bond | ROMANI | 5.75 | 09/16/2030 | 2,390,000.00 | 2,400,755.00 | 0.19 |
| 019576AC1 | Allied Universal Holdco Llc / Allied Uni | UNSEAM | 6.0 | 06/01/2029 | 2,425,000.00 | 2,358,805.00 | 0.19 |
| 06051GHX0 | BANK Of America Corp | BAC | 2.88 | 10/22/2030 | 2,450,000.00 | 2,292,453.00 | 0.19 |
| 23918KAS7 | Davita Inc | DVA | 4.63 | 06/01/2030 | 2,500,000.00 | 2,385,829.00 | 0.19 |
| 31418EF21 | Fannie Mae Pool | FN | 4.5 | 06/01/2052 | 2,461,612.00 | 2,339,281.00 | 0.19 |
| BMYGPJ1 | Preem Holdings Ab | PREEM | 12.0 | 06/30/2027 | 2,000,000.00 | 2,345,622.00 | 0.19 |
| BK4Q2J6 | Serbia International Bond | SERBIA | 1.5 | 06/26/2029 | 2,175,000.00 | 2,288,381.00 | 0.18 |
| 31418DXL1 | Fannie Mae Pool | FN | 2.5 | 03/01/2051 | 2,702,704.00 | 2,227,884.00 | 0.18 |
| 279158AT6 | Ecopetrol Sa | ECOPET | 8.63 | 01/19/2029 | 2,105,000.00 | 2,259,612.00 | 0.18 |
| 3132DWBH5 | Freddie Mac Pool | FR | 2.0 | 04/01/2051 | 2,794,004.00 | 2,197,236.00 | 0.18 |
| 05593UAG0 | BPR Commercial Mortgage Trust 2024-park | BPR | 6.18 | 11/01/2039 | 2,240,000.00 | 2,260,919.00 | 0.18 |
| 12769GAA8 | Caesars Entertainment Inc | CZR | 4.63 | 10/15/2029 | 2,375,000.00 | 2,245,399.00 | 0.18 |
| 14985VAE1 | CCM Merger Inc | MOTOR | 6.38 | 05/01/2026 | 2,175,000.00 | 2,175,170.00 | 0.18 |
| 74939GAA3 | RCO Viii Mortgage Llc 2025-3 | RCO | 6.43 | 05/25/2030 | 2,172,443.00 | 2,173,810.00 | 0.18 |
| 89183HAE4 | TOWD Point Mortgage Trust 2025-ces1 | TPMT | 6.87 | 02/01/2055 | 2,200,000.00 | 2,226,055.00 | 0.18 |
| 404119AJ8 | HCA Inc | HCA | 7.5 | 11/06/2033 | 2,000,000.00 | 2,264,906.00 | 0.18 |
| 36179XDD5 | Ginnie Mae Ii Pool | G2 | 4.0 | 08/20/2052 | 2,440,971.00 | 2,267,458.00 | 0.18 |
| 55316VAL8 | MHC Commercial Mortgage Trust 2021-mhc | MHC | 7.06 | 04/15/2038 | 2,188,000.00 | 2,190,051.00 | 0.18 |
| 59284MAC8 | Mexico City Airport Trust | MEXCAT | 3.88 | 04/30/2028 | 2,330,000.00 | 2,261,265.00 | 0.18 |
| 55300RAG6 | MGM China Holdings Ltd | MGMCHI | 4.75 | 02/01/2027 | 2,160,000.00 | 2,141,100.00 | 0.17 |
| 36273XAA9 | GS Mortgage Securities Corp Trust 2025-8 | GSMS | 7.0 | 11/25/2041 | 2,155,000.00 | 2,159,065.00 | 0.17 |
| 912834MD7 | United States Treasury Strip Coupon | S | — | 02/15/2043 | 5,160,000.00 | 2,117,415.00 | 0.17 |
| 87470LAJ0 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 6.0 | 12/31/2030 | 2,150,000.00 | 2,106,873.00 | 0.17 |
| 67120UAN7 | NYC Commercial Mortgage Trust 2025-3bp | NYC | 7.88 | 02/15/2042 | 2,110,000.00 | 2,094,166.00 | 0.17 |
| 05613UAJ0 | BX Trust 2025-dime | BX | 7.34 | 02/15/2030 | 2,110,000.00 | 2,103,153.00 | 0.17 |
| 31418DVB5 | Fannie Mae Pool | FN | 1.5 | 12/01/2050 | 2,754,682.00 | 2,047,188.00 | 0.17 |
| 31418DQH8 | Fannie Mae Pool | FN | 2.5 | 06/01/2050 | 2,583,745.00 | 2,145,933.00 | 0.17 |
| 31418D6B3 | Fannie Mae Pool | FN | 2.0 | 11/01/2051 | 2,731,550.00 | 2,145,838.00 | 0.17 |
| 31418DXJ6 | Fannie Mae Pool | FN | 1.5 | 03/01/2051 | 2,653,535.00 | 1,971,525.00 | 0.16 |
| 3140XG7B9 | Fannie Mae Pool | FN | 3.5 | 07/01/2047 | 2,078,535.00 | 1,928,725.00 | 0.16 |
| 3132DSX31 | Freddie Mac Pool | FR | 5.0 | 08/01/2050 | 2,021,380.00 | 1,999,496.00 | 0.16 |
| 3132DWPS6 | Freddie Mac Pool | FR | 5.5 | 05/01/2055 | 1,983,498.00 | 1,973,538.00 | 0.16 |
| 29082HAD4 | Embraer Netherlands Finance Bv | EMBRBZ | 7.0 | 07/28/2030 | 1,865,000.00 | 1,985,534.00 | 0.16 |
| 126307BA4 | CSC Holdings Llc | CSCHLD | 5.75 | 01/15/2030 | 4,000,000.00 | 1,969,039.00 | 0.16 |
| 105756CM0 | Brazilian Government International Bond | BRAZIL | 5.5 | 11/06/2030 | 1,980,000.00 | 1,983,465.00 | 0.16 |
| 693968AA7 | PMT Issuer Trust - Fmsr | PNMSR | 7.07 | 12/25/2027 | 2,000,000.00 | 2,013,405.00 | 0.16 |
| 74970WAJ9 | ROCK Trust 2024-cntr | ROCC | 8.82 | 11/13/2041 | 1,895,000.00 | 1,993,351.00 | 0.16 |
| 880349AU9 | Tenneco Inc | TENINC | 8.0 | 11/17/2028 | 2,025,000.00 | 2,010,259.00 | 0.16 |
| 36179WBY3 | Ginnie Mae Ii Pool | G2 | 2.5 | 03/01/2051 | 2,324,101.00 | 1,956,178.00 | 0.16 |
| 44855PAG3 | Hudson Yards 2025-sprl Mortgage Trust | HY | 6.34 | 01/01/2040 | 1,895,000.00 | 1,953,525.00 | 0.16 |
| 445587AE8 | HUNT Cos Inc | HUNTCO | 5.25 | 04/15/2029 | 1,950,000.00 | 1,910,685.00 | 0.15 |
| 465410BG2 | Republic Of Italy Government Internation | ITALY | 5.38 | 06/15/2033 | 1,784,000.00 | 1,880,614.00 | 0.15 |
| 89157PAD0 | Total Play Telecomunicaciones Sa De Cv | TOTALP | 11.13 | 12/31/2032 | 1,899,500.00 | 1,824,604.00 | 0.15 |
| 911365BP8 | United Rentals North America Inc | URI | 3.75 | 01/15/2032 | 2,050,000.00 | 1,865,573.00 | 0.15 |
| 864486AK1 | Suburban Propane Partners Lp/suburban En | SPH | 5.88 | 03/01/2027 | 1,850,000.00 | 1,843,298.00 | 0.15 |
| 82088KAK4 | SHEA Homes Lp / Shea Homes Funding Corp | SHEAHM | 4.75 | 02/15/2028 | 1,925,000.00 | 1,883,155.00 | 0.15 |
| 69392JAA7 | PRET 2025-npl2 Llc | PRET | 5.84 | 03/25/2055 | 1,923,468.00 | 1,914,722.00 | 0.15 |
| 69381KAA7 | PRPM 2024-5 Llc | PRPM | 5.69 | 09/25/2029 | 1,834,138.00 | 1,831,085.00 | 0.15 |
| 72147KAJ7 | Pilgrim's Pride Corp | PPC | 4.25 | 04/15/2031 | 2,000,000.00 | 1,911,445.00 | 0.15 |
| 09659W2K9 | BNP Paribas Sa | BNP | 3.05 | 01/13/2031 | 2,020,000.00 | 1,877,301.00 | 0.15 |
| 05593VAL7 | BX Trust 2025-roic | BX | 6.33 | 03/15/2030 | 1,872,696.00 | 1,858,650.00 | 0.15 |
| 05329WAQ5 | Autonation Inc | AN | 4.75 | 06/01/2030 | 1,880,000.00 | 1,863,684.00 | 0.15 |
| 00253XAB7 | American Airlines Inc/aadvantage Loyalty | AAL | 5.75 | 04/20/2029 | 1,925,000.00 | 1,916,068.00 | 0.15 |
| 03690AAF3 | Antero Midstream Partners Lp / Antero Mi | AM | 5.75 | 01/15/2028 | 1,800,000.00 | 1,797,941.00 | 0.15 |
| 25714PEZ7 | Dominican Republic International Bond | DOMREP | 6.6 | 06/01/2036 | 1,800,000.00 | 1,827,900.00 | 0.15 |
| 221625AT3 | Ivory Coast Government International Bon | IVYCST | 7.63 | 01/30/2033 | 1,865,000.00 | 1,866,865.00 | 0.15 |
| 31418DV66 | Fannie Mae Pool | FN | 1.5 | 01/01/2051 | 2,442,499.00 | 1,815,033.00 | 0.15 |
| 3140XQKD8 | Fannie Mae Pool | FN | 5.0 | 08/01/2050 | 1,843,118.00 | 1,824,456.00 | 0.15 |
| 31418EJF8 | Fannie Mae Pool | FN | 5.0 | 09/01/2052 | 1,860,327.00 | 1,819,596.00 | 0.15 |
| BFMVHJ3 | Indonesia Asahan Aluminium Pt / Mineral | IDASAL | 6.53 | 11/15/2028 | 1,710,000.00 | 1,815,336.00 | 0.15 |
| BD35RT0 | Ivory Coast Government International Bon | IVYCST | 5.25 | 03/22/2030 | 1,678,000.00 | 1,864,068.00 | 0.15 |
| BL4645844 | Doncasters Finance Us Llc | DONCAS | 10.8 | 04/23/2030 | 1,851,563.00 | 1,870,078.00 | 0.15 |
| BNZHNG3 | Bellis Acquisition Co Plc | ASSDLN | 8.13 | 05/14/2030 | 1,480,000.00 | 1,854,977.00 | 0.15 |
| BL4579993 | Digicel Intl Finance Ltd | DLLTD | 11.78 | 05/25/2027 | 1,687,392.00 | 1,678,955.00 | 0.14 |
| BL5168168 | Boots Group Bidco Ltd | BOOTFN | 4.75 | 07/22/2032 | 1,325,000.00 | 1,757,361.00 | 0.14 |
| B8AB393F8 | TPC Group Rights | — | — | — | 70,274.00 | 1,673,399.00 | 0.14 |
| 3132DWFH1 | Freddie Mac Pool | FR | 5.5 | 11/01/2052 | 1,718,199.00 | 1,714,176.00 | 0.14 |
| 25714PDT2 | Dominican Republic International Bond | DOMREP | 5.95 | 01/25/2027 | 1,740,000.00 | 1,754,790.00 | 0.14 |
| 3132DWDK6 | Freddie Mac Pool | FR | 3.0 | 04/01/2052 | 2,082,268.00 | 1,783,735.00 | 0.14 |
| 013092AC5 | Albertsons Cos Inc / Safeway Inc / New A | ACI | 4.63 | 01/15/2027 | 1,775,000.00 | 1,761,640.00 | 0.14 |
| 00833QAD7 | Affirm Asset Securitization Trust 2024-x | AFFRM | 6.08 | 12/17/2029 | 1,700,000.00 | 1,708,709.00 | 0.14 |
| 054644AA7 | Aydem Yenilenebilir Enerji As | AYDEMT | 7.75 | 02/02/2027 | 1,705,500.00 | 1,686,773.00 | 0.14 |
| 05555VAC3 | BFLD 2024-vict Mortgage Trust | BFLD | 6.93 | 07/15/2041 | 1,700,000.00 | 1,695,758.00 | 0.14 |
| 05625BAG4 | BLP Commercial Mortgage Trust 2025-ind | BLP | 6.59 | 03/15/2042 | 1,740,000.00 | 1,722,636.00 | 0.14 |
| 078915AB1 | Bellemeade Re Ltd | BMIR | 7.55 | 08/25/2034 | 1,750,000.00 | 1,768,522.00 | 0.14 |
| 07335CAL8 | Barclays Commercial Mortgage Trust 2019- | BBCMS | 1.11 | 08/01/2052 | 43,170,000.00 | 1,710,011.00 | 0.14 |
| 19767QAS4 | HCA Inc | HCA | 7.75 | 07/15/2036 | 1,500,000.00 | 1,702,768.00 | 0.14 |
| 70932MAB3 | Pennymac Financial Services Inc | PFSI | 4.25 | 02/15/2029 | 1,800,000.00 | 1,725,364.00 | 0.14 |
| 682691AC4 | Onemain Finance Corp | OMF | 3.88 | 09/15/2028 | 1,800,000.00 | 1,716,760.00 | 0.14 |
| 75049GAB5 | Radnor Re 2021-2 Ltd | RMIR | 8.05 | 11/25/2031 | 1,753,784.00 | 1,779,661.00 | 0.14 |
| 46188DAE8 | Invitation Homes 2024-sfr1 Trust | IHSFR | 4.25 | 09/17/2041 | 1,800,000.00 | 1,725,389.00 | 0.14 |
| 50206BAA0 | LD Celulose International Gmbh | LNZAV | 7.95 | 01/26/2032 | 1,615,000.00 | 1,688,482.00 | 0.14 |
| 63861CAC3 | Nationstar Mortgage Holdings Inc | COOP | 5.5 | 08/15/2028 | 1,590,000.00 | 1,588,377.00 | 0.13 |
| 85236FAA1 | Smyrna Ready Mix Concrete Llc | SMYREA | 6.0 | 11/01/2028 | 1,565,000.00 | 1,560,071.00 | 0.13 |
| 68560EAC2 | Orbia Advance Corp Sab De Cv | ORBIA | 6.8 | 05/13/2030 | 1,560,000.00 | 1,595,380.00 | 0.13 |
| 143658CA8 | Carnival Corp | CCL | 5.75 | 08/01/2032 | 1,570,000.00 | 1,580,628.00 | 0.13 |
| 06738ECE3 | Barclays Plc | BACR | 7.44 | 11/02/2033 | 1,375,000.00 | 1,558,029.00 | 0.13 |
| 25714PEP9 | Dominican Republic International Bond | DOMREP | 5.5 | 02/22/2029 | 1,635,000.00 | 1,632,548.00 | 0.13 |
| 25525PAB3 | Diversified Healthcare Trust | DHC | 4.38 | 03/01/2031 | 2,000,000.00 | 1,670,222.00 | 0.13 |
| 247361ZT8 | Delta Air Lines Inc | DAL | 3.75 | 10/28/2029 | 1,720,000.00 | 1,647,956.00 | 0.13 |
| 3133ANK78 | Freddie Mac Pool | FR | 2.5 | 07/01/2051 | 1,884,033.00 | 1,551,237.00 | 0.13 |
| 3140XPNV7 | Fannie Mae Pool | FN | 5.0 | 10/01/2050 | 1,680,579.00 | 1,663,160.00 | 0.13 |
| 36179W2W7 | Ginnie Mae Ii Pool | G2 | 3.5 | 04/20/2052 | 1,599,037.00 | 1,441,894.00 | 0.12 |
| 36179V4U1 | Ginnie Mae Ii Pool | G2 | 2.0 | 01/20/2051 | 1,849,631.00 | 1,493,607.00 | 0.12 |
| 195325EG6 | Colombia Government International Bond | COLOM | 7.5 | 02/02/2034 | 1,410,000.00 | 1,431,150.00 | 0.12 |
| 31335A3Y2 | Freddie Mac Gold Pool | FG | 5.0 | 12/01/2043 | 1,443,099.00 | 1,451,906.00 | 0.12 |
| 3132DWES8 | Freddie Mac Pool | FR | 4.5 | 09/01/2052 | 1,572,551.00 | 1,498,319.00 | 0.12 |
| 3132DWAR4 | Freddie Mac Pool | FR | 3.5 | 12/01/2050 | 1,703,066.00 | 1,524,484.00 | 0.12 |
| 06051GJT7 | BANK Of America Corp | BAC | 2.69 | 04/22/2032 | 1,605,000.00 | 1,439,197.00 | 0.12 |
| 11120VAJ2 | Brixmor Operating Partnership Lp | BRX | 4.05 | 07/01/2030 | 1,590,000.00 | 1,540,627.00 | 0.12 |
| 125896BU3 | CMS Energy Corp | CMS | 4.75 | 06/01/2050 | 1,550,000.00 | 1,498,537.00 | 0.12 |
| 694308JT5 | Pacific Gas And Electric Co | PCG | 3.25 | 06/01/2031 | 1,650,000.00 | 1,488,010.00 | 0.12 |
| 740934AA2 | PRET 2025-npl7 Llc | PRET | 5.66 | 07/25/2055 | 1,500,000.00 | 1,499,395.00 | 0.12 |
| 912834KV9 | United States Treasury Strip Coupon | S | — | 11/15/2041 | 3,285,000.00 | 1,452,631.00 | 0.12 |
| 670001AG1 | Novelis Corp | HNDLIN | 3.25 | 11/15/2026 | 1,500,000.00 | 1,475,761.00 | 0.12 |
| 552953CH2 | MGM Resorts International | MGM | 4.75 | 10/15/2028 | 1,500,000.00 | 1,481,132.00 | 0.12 |
| XS28092182 | Lorca Telecom Bondco Sa | LORCAT | 5.75 | 04/30/2029 | 1,275,000.00 | 1,518,542.00 | 0.12 |
| XS29305389 | LUGO Funding Dac | LUGO | 4.05 | 05/26/2066 | 1,200,000.00 | 1,332,251.00 | 0.11 |
| 98313RAG1 | WYNN Macau Ltd | WYNMAC | 5.5 | 01/15/2026 | 1,400,000.00 | 1,398,600.00 | 0.11 |
| BMVBZ33 | Aydem Yenilenebilir Enerji As | AYDEMT | 7.75 | 02/02/2027 | 1,359,000.00 | 1,344,078.00 | 0.11 |
| 629377CS9 | NRG Energy Inc | NRG | 3.88 | 02/15/2032 | 1,475,000.00 | 1,347,198.00 | 0.11 |
| 36179VTW0 | Ginnie Mae Ii Pool | G2 | 2.5 | 09/01/2050 | 1,584,218.00 | 1,334,555.00 | 0.11 |
| 38144GAG6 | Goldman Sachs Group Inc/the | GS | 3.65 | 02/10/2173 | 1,415,000.00 | 1,383,596.00 | 0.11 |
| 92243QAA4 | VCAT 2025-npl3 Llc | VCAT | 5.89 | 02/25/2055 | 1,332,457.00 | 1,332,495.00 | 0.11 |
| 78398EAG0 | SCG Commercial Mortgage Trust 2025-dlfn | SCG | 6.49 | 03/15/2035 | 1,355,000.00 | 1,346,548.00 | 0.11 |
| 81721MAM1 | Diversified Healthcare Trust | DHC | 4.75 | 02/15/2028 | 1,425,000.00 | 1,320,735.00 | 0.11 |
| 1248EPCB7 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.38 | 06/01/2029 | 1,350,000.00 | 1,326,597.00 | 0.11 |
| 09660SAA8 | BMO 2024-5c4 Mortgage Trust | BMO | 2.77 | 02/01/2057 | 16,130,000.00 | 1,353,403.00 | 0.11 |
| 00081TAK4 | ACCO Brands Corp | ACCO | 4.25 | 03/15/2029 | 1,475,000.00 | 1,306,531.00 | 0.11 |
| 03512TAF8 | Anglogold Ashanti Holdings Plc | ANGSJ | 3.38 | 11/01/2028 | 1,405,000.00 | 1,342,774.00 | 0.11 |
| 3132DWBC6 | Freddie Mac Pool | FR | 2.5 | 03/01/2051 | 1,724,241.00 | 1,420,239.00 | 0.11 |
| 36179W2X5 | Ginnie Mae Ii Pool | G2 | 4.0 | 04/01/2052 | 1,479,194.00 | 1,372,912.00 | 0.11 |
| 3140X9X75 | Fannie Mae Pool | FN | 2.5 | 02/01/2051 | 1,657,495.00 | 1,376,995.00 | 0.11 |
| 31418D2M3 | Fannie Mae Pool | FN | 2.5 | 07/01/2051 | 1,559,488.00 | 1,284,739.00 | 0.10 |
| 3136B3AL4 | Fannie Mae Remics | FNR | 3.5 | 10/01/2048 | 1,500,000.00 | 1,261,636.00 | 0.10 |
| 31418EL57 | Fannie Mae Pool | FN | 6.0 | 11/01/2052 | 1,200,997.00 | 1,221,545.00 | 0.10 |
| 34535CAD8 | FORD Credit Auto Owner Trust 2023-rev2 | FORDR | 6.6 | 02/15/2036 | 1,200,000.00 | 1,241,173.00 | 0.10 |
| 3132DWDL4 | Freddie Mac Pool | FR | 3.5 | 04/01/2052 | 1,377,607.00 | 1,232,419.00 | 0.10 |
| 3132DWF73 | Freddie Mac Pool | FR | 6.0 | 01/01/2053 | 1,213,801.00 | 1,234,508.00 | 0.10 |
| 20754RAF3 | Connecticut Avenue Securities Trust 2021 | CAS | 7.45 | 10/25/2041 | 1,220,000.00 | 1,246,961.00 | 0.10 |
| 04364VAK9 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 9.0 | 11/01/2027 | 1,004,000.00 | 1,221,582.00 | 0.10 |
| 00653VAC5 | Adapthealth Llc | ADAHEA | 4.63 | 08/01/2029 | 1,350,000.00 | 1,265,255.00 | 0.10 |
| 05555HAN0 | BFLD 2024-wrhs Mortgage Trust | BFLD | 8.03 | 08/15/2026 | 1,205,096.00 | 1,202,083.00 | 0.10 |
| 05971U2D8 | Banco De Credito Del Peru S.a. | BCP | 3.25 | 09/30/2031 | 1,315,000.00 | 1,290,751.00 | 0.10 |
| 08163XAC7 | Benchmark 2024-v5 Mortgage Trust | BMARK | 2.97 | 01/01/2057 | 13,473,000.00 | 1,197,602.00 | 0.10 |
| 11283YAD2 | Brookfield Residential Properties Inc / | BRPCN | 4.88 | 02/15/2030 | 1,325,000.00 | 1,201,139.00 | 0.10 |
| 854938AA5 | STAR Leasing Co Llc | TRAILR | 7.63 | 02/15/2030 | 1,280,000.00 | 1,263,239.00 | 0.10 |
| 91282CLU3 | United States Treasury Note/bond | T | 4.13 | 10/31/2031 | 1,225,000.00 | 1,227,679.00 | 0.10 |
| 87470LAD3 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 5.5 | 01/15/2028 | 1,250,000.00 | 1,239,915.00 | 0.10 |
| 37045XCY0 | General Motors Financial Co Inc | GM | 3.6 | 06/21/2030 | 1,365,000.00 | 1,282,508.00 | 0.10 |
| 36179WZB7 | Ginnie Mae Ii Pool | G2 | 3.5 | 03/20/2052 | 1,424,400.00 | 1,284,641.00 | 0.10 |
| 629377CH3 | NRG Energy Inc | NRG | 5.25 | 06/15/2029 | 1,275,000.00 | 1,260,809.00 | 0.10 |
| 68245XAM1 | 1011778 Bc Ulc / New Red Finance Inc | BCULC | 4.0 | 10/15/2030 | 1,350,000.00 | 1,250,437.00 | 0.10 |
| BMYD8L5 | Ivory Coast Government International Bon | IVYCST | 4.88 | 01/30/2032 | 1,172,000.00 | 1,230,821.00 | 0.10 |
| B8AAE7AK3 | Blackstone Private Cr Fund | — | 5.61 | 05/03/2027 | 1,250,000.00 | 1,244,890.00 | 0.10 |
| USU5 COMDT | US Long Bond(cbt) Sep25 | USU5 | — | 09/19/2025 | 72,280,688.00 | 1,244,610.00 | 0.10 |
| B8ADAMRM6 | International Park Hldgs Bv | — | 7.54 | 12/31/2031 | 1,025,000.00 | 1,159,449.00 | 0.09 |
| 95003YAE2 | WFCM Commercial Mortgage Trust 2024-grp | WFCM | 7.28 | 10/15/2041 | 1,100,000.00 | 1,103,764.00 | 0.09 |
| BKVF4G7 | Perusahaan Perseroan Persero Pt Perusaha | PLNIJ | 1.88 | 11/05/2031 | 1,106,000.00 | 1,105,185.00 | 0.09 |
| BPTKDV7 | Serbia International Bond | SERBIA | 6.25 | 05/26/2028 | 1,119,000.00 | 1,155,717.00 | 0.09 |
| BWWD237 | Petroleos Mexicanos | PEMEX | 2.75 | 04/21/2027 | 1,000,000.00 | 1,106,256.00 | 0.09 |
| BYWQJH3 | Petroleos Mexicanos | PEMEX | 4.88 | 02/21/2028 | 1,036,000.00 | 1,173,046.00 | 0.09 |
| 62886HBP5 | NCL Corp Ltd | NCLH | 6.25 | 03/01/2030 | 1,100,000.00 | 1,113,750.00 | 0.09 |
| 36179XBU9 | Ginnie Mae Ii Pool | G2 | 4.5 | 07/20/2052 | 1,143,410.00 | 1,090,866.00 | 0.09 |
| 37045VAP5 | General Motors Co | GM | 5.15 | 04/01/2038 | 1,250,000.00 | 1,162,992.00 | 0.09 |
| 452151LF8 | State Of Illinois | ILS | 5.1 | 06/01/2033 | 1,055,784.00 | 1,059,787.00 | 0.09 |
| 92682RAA0 | Viking Ocean Cruises Ship Vii Ltd | VIKCRU | 5.63 | 02/15/2029 | 1,075,000.00 | 1,069,227.00 | 0.09 |
| 853496AG2 | Standard Industries Inc/ny | BMCAUS | 4.38 | 07/15/2030 | 1,200,000.00 | 1,136,179.00 | 0.09 |
| 69382HAA3 | PRPM 2025-2 Llc | PRPM | 6.47 | 05/01/2030 | 1,145,572.00 | 1,146,934.00 | 0.09 |
| 11283YAG5 | Brookfield Residential Properties Inc / | BRPCN | 5.0 | 06/15/2029 | 1,200,000.00 | 1,113,360.00 | 0.09 |
| 12433FAJ7 | BX Commercial Mortgage Trust 2025-spot | BX | 8.03 | 04/15/2040 | 1,100,000.00 | 1,100,369.00 | 0.09 |
| 131347CQ7 | Calpine Corp | CPN | 5.0 | 02/01/2031 | 1,175,000.00 | 1,162,790.00 | 0.09 |
| 165167735 | Expand Energy Corp | EXE | — | — | 10,284.00 | 1,077,557.00 | 0.09 |
| 059895AV4 | Bangkok Bank Pcl/hong Kong | BBLTB | 3.47 | 09/23/2036 | 1,185,000.00 | 1,055,005.00 | 0.09 |
| 05508WAB1 | B&G Foods Inc | BGS | 5.25 | 09/15/2027 | 1,275,000.00 | 1,131,100.00 | 0.09 |
| 06738EBV6 | Barclays Plc | BACR | 2.89 | 11/24/2032 | 1,270,000.00 | 1,125,421.00 | 0.09 |
| 06211EBE0 | Bank5 2023-5yr3 | BANK5 | 3.32 | 09/01/2056 | 11,949,000.00 | 1,060,415.00 | 0.09 |
| 071734AD9 | Bausch Health Cos Inc | BHCCN | 7.0 | 01/15/2028 | 1,225,000.00 | 1,070,343.00 | 0.09 |
| 039955AG4 | ARES Trust 2025-ind3 | ARES1 | 6.44 | 04/15/2027 | 1,130,000.00 | 1,130,000.00 | 0.09 |
| 039955AJ8 | ARES Trust 2025-ind3 | ARES1 | 6.89 | 04/15/2027 | 1,060,000.00 | 1,059,337.00 | 0.09 |
| 20753XAF1 | Connecticut Avenue Securities Trust 2022 | CAS | 10.6 | 03/25/2042 | 1,000,000.00 | 1,078,649.00 | 0.09 |
| 25381MAA5 | Digicel International Finance Ltd / Difl | DIGDIF | 8.63 | 08/01/2032 | 1,120,000.00 | 1,128,176.00 | 0.09 |
| 3132DWBZ5 | Freddie Mac Pool | FR | 2.5 | 07/01/2051 | 1,364,541.00 | 1,125,762.00 | 0.09 |
| 31418EHP8 | Fannie Mae Pool | FN | 5.0 | 08/01/2052 | 1,144,103.00 | 1,119,113.00 | 0.09 |
| 345397B77 | FORD Motor Credit Co Llc | F | 2.7 | 08/10/2026 | 1,175,000.00 | 1,146,175.00 | 0.09 |
| 3140XJ3C5 | Fannie Mae Pool | FN | 5.0 | 08/01/2052 | 1,054,473.00 | 1,032,759.00 | 0.08 |
| 3140QPKN6 | Fannie Mae Pool | FN | 3.5 | 06/01/2052 | 1,115,117.00 | 1,002,280.00 | 0.08 |
| 3132DWAF0 | Freddie Mac Pool | FR | 2.0 | 11/01/2050 | 1,319,658.00 | 1,040,334.00 | 0.08 |
| 279158AN9 | Ecopetrol Sa | ECOPET | 6.88 | 04/29/2030 | 1,000,000.00 | 1,001,300.00 | 0.08 |
| 233104AA6 | DCLI Bidco Llc | DIRCHA | 7.75 | 11/15/2029 | 960,000.00 | 979,259.00 | 0.08 |
| 20753YCK6 | Connecticut Avenue Securities Trust 2022 | CAS | 7.45 | 03/25/2042 | 1,000,000.00 | 1,030,699.00 | 0.08 |
| 21H062693 | Ginnie Mae | G2SF | 6.5 | 09/20/2055 | 1,000,000.00 | 1,024,800.00 | 0.08 |
| 02406PAU4 | American Axle & Manufacturing Inc | AXL | 6.5 | 04/01/2027 | 950,000.00 | 951,179.00 | 0.08 |
| 00175PAB9 | AMN Healthcare Inc | AMN | 4.63 | 10/01/2027 | 1,000,000.00 | 977,463.00 | 0.08 |
| 06211FAC2 | Bank5 2023-5yr4 | BANK5 | 3.6 | 12/01/2056 | 10,349,000.00 | 1,007,232.00 | 0.08 |
| 06051GHV4 | BANK Of America Corp | BAC | 3.19 | 07/23/2030 | 1,000,000.00 | 951,322.00 | 0.08 |
| 123912AJ6 | BX Trust 2025-tail | BX | 7.64 | 06/15/2035 | 1,040,000.00 | 1,039,995.00 | 0.08 |
| 08949LAB6 | BIG River Steel Llc / Brs Finance Corp | BIGBRS | 6.63 | 01/31/2029 | 975,000.00 | 974,600.00 | 0.08 |
| 097023CM5 | Boeing Co/the | BA | 2.7 | 02/01/2027 | 1,035,000.00 | 1,005,156.00 | 0.08 |
| 097023CR4 | Boeing Co/the | BA | 3.95 | 08/01/2059 | 1,500,000.00 | 1,030,577.00 | 0.08 |
| 097793AE3 | Civitas Resources Inc | CIVI | 5.0 | 10/15/2026 | 1,000,000.00 | 989,339.00 | 0.08 |
| 86771PAA8 | Sunrun Bacchus Issuer 2025-1 Llc | SUNRN | 5.99 | 04/30/2060 | 956,179.00 | 953,809.00 | 0.08 |
| 80282YAH9 | Santander Consumer Auto Receivables Trus | SCART | 3.28 | 03/15/2027 | 1,000,000.00 | 990,621.00 | 0.08 |
| 780153BJ0 | Royal Caribbean Cruises Ltd | RCL | 5.5 | 08/31/2026 | 950,000.00 | 952,826.00 | 0.08 |
| 44855PAJ7 | Hudson Yards 2025-sprl Mortgage Trust | HY | 6.68 | 01/01/2040 | 970,000.00 | 998,546.00 | 0.08 |
| 38141GWZ3 | Goldman Sachs Group Inc/the | GS | 4.22 | 05/01/2029 | 1,040,000.00 | 1,032,510.00 | 0.08 |
| 463920AA6 | Island Finance Trust 2025-1 | ISLN | 6.54 | 03/19/2035 | 1,000,000.00 | 1,011,900.00 | 0.08 |
| 48666KAX7 | KB Home | KBH | 6.88 | 06/15/2027 | 941,000.00 | 961,311.00 | 0.08 |
| 46649XAL1 | J.P. Morgan Chase Commercial Mortgage Se | JPMCC | 4.61 | 07/01/2031 | 2,300,000.00 | 1,000,500.00 | 0.08 |
| 36180AAG8 | Ginnie Mae Ii Pool | G2 | 6.0 | 09/01/2054 | 986,372.00 | 1,000,640.00 | 0.08 |
| 36179X5J1 | Ginnie Mae Ii Pool | G2 | 6.0 | 06/01/2053 | 955,296.00 | 973,794.00 | 0.08 |
| 62482BAA0 | Medline Borrower Lp | MEDIND | 3.88 | 04/01/2029 | 975,000.00 | 929,800.00 | 0.08 |
| 552704AF5 | MEG Energy Corp | MEGCN | 5.88 | 02/01/2029 | 950,000.00 | 949,734.00 | 0.08 |
| 57779EAA6 | Maxim Crane Works Holdings Capital Llc | CLDCRN | 11.5 | 09/01/2028 | 900,000.00 | 954,550.00 | 0.08 |
| BNRKHP7 | Serbia International Bond | SERBIA | 1.65 | 03/03/2033 | 1,006,000.00 | 955,037.00 | 0.08 |
| BHZL0J5 | Petrobras Global Finance Bv | PETBRA | 6.63 | 01/16/2034 | 730,000.00 | 939,611.00 | 0.08 |
| BDRW0R6 | GOHL Capital Ltd | GENTMK | 4.25 | 01/24/2027 | 1,020,000.00 | 1,010,820.00 | 0.08 |
| 95081QAP9 | Wesco Distribution Inc | WCC | 7.25 | 06/15/2028 | 975,000.00 | 988,569.00 | 0.08 |
| G2770C100 | Digicel Intl Fin Ltd Common Equity | — | — | — | 116,510.00 | 932,080.00 | 0.08 |
| B97PWJ3 | Brazil Minas Spe Via State Of Minas Gera | MINASG | 5.33 | 02/15/2028 | 909,000.00 | 901,337.00 | 0.07 |
| BHKDDN1 | MONG Duong Finance Holdings Bv | MONDFI | 5.13 | 05/07/2029 | 863,941.00 | 844,208.00 | 0.07 |
| BF2DK01 | Power Finance Corp Ltd | POWFIN | 5.25 | 08/10/2028 | 800,000.00 | 809,696.00 | 0.07 |
| BL5042512 | Level 3 Financing Inc | LVLT | 8.58 | 03/29/2032 | 825,000.00 | 828,300.00 | 0.07 |
| BL4070472 | CSC Holdings Llc | CSCHLD | 8.81 | 01/18/2028 | 817,227.00 | 814,929.00 | 0.07 |
| BNYNN06 | Freeport Indonesia Pt | FRIDPT | 5.32 | 04/14/2032 | 820,000.00 | 824,100.00 | 0.07 |
| UXYU5 COMD | US 10yr Ultra Fut Sep25 | UXYU5 | — | 09/19/2025 | 114,321,984.00 | 825,053.00 | 0.07 |
| 571903BE2 | Marriott International Inc/md | MAR | 4.63 | 06/15/2030 | 920,000.00 | 918,921.00 | 0.07 |
| 62954HAY4 | NXP Bv / Nxp Funding Llc / Nxp Usa Inc | NXPI | 3.4 | 05/01/2030 | 875,000.00 | 827,511.00 | 0.07 |
| 443628AJ1 | Hudbay Minerals Inc | HBMCN | 4.5 | 04/01/2026 | 900,000.00 | 891,099.00 | 0.07 |
| 44267DAD9 | Howard Hughes Corp/the | HHH | 5.38 | 08/01/2028 | 920,000.00 | 914,562.00 | 0.07 |
| 71654QCB6 | Petroleos Mexicanos | PEMEX | 6.88 | 08/04/2026 | 832,000.00 | 834,828.00 | 0.07 |
| 92840MAC6 | Vistra Corp | VST | 7.0 | 06/15/2174 | 875,000.00 | 883,169.00 | 0.07 |
| 912834MZ8 | United States Treasury Strip Coupon | S | — | 11/15/2043 | 2,245,000.00 | 881,248.00 | 0.07 |
| 88033GDR8 | Tenet Healthcare Corp | THC | 4.38 | 01/15/2030 | 875,000.00 | 841,615.00 | 0.07 |
| 89055FAC7 | Topbuild Corp | BLD | 4.13 | 02/15/2032 | 875,000.00 | 806,436.00 | 0.07 |
| 88033GDH0 | Tenet Healthcare Corp | THC | 4.63 | 06/15/2028 | 825,000.00 | 811,049.00 | 0.07 |
| 90932LAG2 | United Airlines Inc | UAL | 4.38 | 04/15/2026 | 850,000.00 | 844,859.00 | 0.07 |
| 146869AN2 | Carvana Co | CVNA | 11.0 | 06/01/2030 | 800,000.00 | 836,872.00 | 0.07 |
| 00834BAK3 | Affirm Asset Securitization Trust 2024-a | AFFRM | 9.17 | 02/15/2029 | 900,000.00 | 908,221.00 | 0.07 |
| 3132DWCN1 | Freddie Mac Pool | FR | 2.0 | 11/01/2051 | 1,088,337.00 | 854,970.00 | 0.07 |
| 3140QLJG2 | Fannie Mae Pool | FN | 3.5 | 07/01/2051 | 933,234.00 | 840,104.00 | 0.07 |
| 3140QMCJ1 | Fannie Mae Pool | FN | 3.0 | 10/01/2051 | 945,419.00 | 812,783.00 | 0.07 |
| 3132DWDU4 | Freddie Mac Pool | FR | 4.0 | 05/01/2052 | 975,289.00 | 901,360.00 | 0.07 |
| 31556TAC3 | Fertitta Entertainment Llc / Fertitta En | FRTITA | 6.75 | 01/15/2030 | 900,000.00 | 846,775.00 | 0.07 |
| 31418ENM8 | Fannie Mae Pool | FN | 6.5 | 01/01/2053 | 866,760.00 | 895,964.00 | 0.07 |
| 345370DA5 | FORD Motor Co | F | 3.25 | 02/12/2032 | 875,000.00 | 741,486.00 | 0.06 |
| 35564KWT2 | Freddie Mac Stacr Remic Trust 2022-dna4 | STACR | 7.7 | 05/25/2042 | 700,000.00 | 727,998.00 | 0.06 |
| 36179VSG6 | Ginnie Mae Ii Pool | G2 | 2.5 | 08/01/2050 | 905,656.00 | 763,306.00 | 0.06 |
| 36179UGB2 | Ginnie Mae Ii Pool | G2 | 3.5 | 11/01/2048 | 814,039.00 | 741,196.00 | 0.06 |
| 31418D6D9 | Fannie Mae Pool | FN | 3.0 | 11/01/2051 | 896,057.00 | 771,038.00 | 0.06 |
| 00737WAA7 | Adtalem Global Education Inc | ATGE | 5.5 | 03/01/2028 | 728,000.00 | 719,163.00 | 0.06 |
| 045086AP0 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 4.63 | 04/01/2030 | 825,000.00 | 775,715.00 | 0.06 |
| 071734AJ6 | Bausch Health Cos Inc | BHCCN | 5.25 | 01/30/2030 | 1,175,000.00 | 752,000.00 | 0.06 |
| 18972EAB1 | Clydesdale Acquisition Holdings Inc | NOVHOL | 8.75 | 04/15/2030 | 690,000.00 | 703,822.00 | 0.06 |
| 15853BAA9 | Champion Iron Canada Inc | CIACN | 7.88 | 07/15/2032 | 775,000.00 | 791,236.00 | 0.06 |
| 097751BT7 | Bombardier Inc | BBDBCN | 7.88 | 04/15/2027 | 689,000.00 | 690,722.00 | 0.06 |
| 07336HAA0 | Bayview Financing Trust 2023-1f | BVFT | 8.35 | 07/01/2026 | 699,579.00 | 700,068.00 | 0.06 |
| 126307BF3 | CSC Holdings Llc | CSCHLD | 3.38 | 02/15/2031 | 1,080,000.00 | 710,976.00 | 0.06 |
| 89832QAD1 | Truist Financial Corp | TFC | 6.67 | 03/01/2172 | 710,000.00 | 710,313.00 | 0.06 |
| 92332YAF8 | Venture Global Lng Inc | VENLNG | 9.0 | 03/30/2173 | 695,000.00 | 694,902.00 | 0.06 |
| 682691AA8 | Onemain Finance Corp | OMF | 4.0 | 09/15/2030 | 750,000.00 | 686,119.00 | 0.06 |
| 80386WAC9 | Sasol Financing Usa Llc | SASOL | 4.38 | 09/18/2026 | 730,000.00 | 720,510.00 | 0.06 |
| 844741BK3 | Southwest Airlines Co | LUV | 5.13 | 06/15/2027 | 695,000.00 | 699,631.00 | 0.06 |
| 431318AS3 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.25 | 11/01/2028 | 700,000.00 | 703,161.00 | 0.06 |
| 36179XH33 | Ginnie Mae Ii Pool | G2 | 6.0 | 10/01/2052 | 709,415.00 | 724,456.00 | 0.06 |
| 36179XTE6 | Ginnie Mae Ii Pool | G2 | 6.0 | 02/20/2053 | 737,347.00 | 752,473.00 | 0.06 |
| 364760AP3 | GAP Inc/the | GAP | 3.63 | 10/01/2029 | 825,000.00 | 760,210.00 | 0.06 |
| 38237BAA8 | Goodleap Sustainable Home Solutions Trus | GOOD | 6.25 | 06/20/2057 | 811,151.00 | 786,622.00 | 0.06 |
| 63861CAA7 | Nationstar Mortgage Holdings Inc | COOP | 6.0 | 01/15/2027 | 800,000.00 | 800,829.00 | 0.06 |
| 638962AA8 | NCR Atleos Corp | NCRATL | 9.5 | 04/01/2029 | 656,000.00 | 710,864.00 | 0.06 |
| 682413AG4 | ONE 2021-park Mortgage Trust | ONP | 5.96 | 03/15/2036 | 772,000.00 | 729,936.00 | 0.06 |
| 59284MAB0 | Mexico City Airport Trust | MEXCAT | 5.5 | 10/31/2046 | 938,000.00 | 788,581.00 | 0.06 |
| 55305BAS0 | M/I Homes Inc | MHO | 4.95 | 02/01/2028 | 800,000.00 | 792,676.00 | 0.06 |
| BL4124436 | Asurion Llc | ASUCOR | 8.68 | 08/21/2028 | 689,363.00 | 682,756.00 | 0.06 |
| 95003YAC6 | WFCM Commercial Mortgage Trust 2024-grp | WFCM | 6.63 | 10/15/2041 | 700,000.00 | 703,580.00 | 0.06 |
| P60535H9ID | Eur/usd Fwd 20251022 221 | EUR | — | 10/22/2025 | -24,505,546.00 | 718,428.00 | 0.06 |
| SWB8A9KCBB | SWP: Ois Sofr 1.350000 11-may-2054 | — | — | 05/11/2054 | -1,640,000.00 | 752,879.00 | 0.06 |
| SWB8ADC07S | SWP: Ois Sofr 3.135500 14-dec-2054_c | — | — | 12/14/2054 | -23,220,000.00 | 632,601.00 | 0.05 |
| SWB8ADCX6K | SWP: Ois Sofr 3.825010 20-dec-2054_c | — | — | 12/20/2054 | -15,895,000.00 | 604,794.00 | 0.05 |
| TYU5 COMDT | US 10yr Note (cbt)sep25 | TYU5 | — | 09/19/2025 | 71,191,063.00 | 572,943.00 | 0.05 |
| SWB8ADQ7XQ | Scds: (turkey) | — | 1.0 | 06/20/2030 | -9,000,000.00 | 665,034.00 | 0.05 |
| F4CBNRABLA | Eur/usd Fwd 20251022 Deutgb22 | EUR | — | 10/22/2025 | -18,626,274.00 | 557,334.00 | 0.05 |
| BM9BWQ7 | VMED O2 Uk Financing I Plc | VMED | 4.0 | 01/31/2029 | 550,000.00 | 678,817.00 | 0.05 |
| BFD2NF3 | DP World Ltd/united Arab Emirates | DPWDU | 4.25 | 09/25/2030 | 500,000.00 | 638,864.00 | 0.05 |
| BJCX1Z1 | Virgin Media Secured Finance Plc | VMED | 5.25 | 05/15/2029 | 500,000.00 | 637,213.00 | 0.05 |
| BP0TT71 | United Group Bv | ADRBID | 4.63 | 08/15/2028 | 500,000.00 | 569,338.00 | 0.05 |
| BPP2FT9 | Dominican Republic International Bond | DOMREP | 5.5 | 02/22/2029 | 663,000.00 | 662,005.00 | 0.05 |
| 59833DAB6 | Midwest Gaming Borrower Llc / Midwest Ga | MWGAME | 4.88 | 05/01/2029 | 600,000.00 | 578,286.00 | 0.05 |
| 50050NAA1 | Kontoor Brands Inc | KTB | 4.13 | 11/15/2029 | 600,000.00 | 558,119.00 | 0.05 |
| 513272AE4 | LAMB Weston Holdings Inc | LW | 4.38 | 01/31/2032 | 725,000.00 | 677,072.00 | 0.05 |
| 62954HAX6 | NXP Bv / Nxp Funding Llc / Nxp Usa Inc | NXPI | 3.15 | 05/01/2027 | 675,000.00 | 659,306.00 | 0.05 |
| 600814AR8 | Millicom International Cellular Sa | TIGO | 4.5 | 04/27/2031 | 720,000.00 | 659,520.00 | 0.05 |
| 38382AXK6 | Government National Mortgage Association | GNR | 3.0 | 11/01/2049 | 3,626,784.00 | 597,297.00 | 0.05 |
| 364760AQ1 | GAP Inc/the | GAP | 3.88 | 10/01/2031 | 750,000.00 | 666,409.00 | 0.05 |
| 36179WVX3 | Ginnie Mae Ii Pool | G2 | 4.0 | 01/01/2052 | 652,869.00 | 606,098.00 | 0.05 |
| 36179WG69 | Ginnie Mae Ii Pool | G2 | 4.0 | 06/01/2051 | 623,609.00 | 581,582.00 | 0.05 |
| 431318AU8 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 5.75 | 02/01/2029 | 675,000.00 | 661,855.00 | 0.05 |
| 431318AV6 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.0 | 02/01/2031 | 675,000.00 | 651,651.00 | 0.05 |
| 46649XAN7 | J.P. Morgan Chase Commercial Mortgage Se | JPMCC | 4.61 | 07/01/2031 | 2,455,000.00 | 558,022.00 | 0.05 |
| 48666KAZ2 | KB Home | KBH | 4.0 | 06/15/2031 | 615,000.00 | 564,171.00 | 0.05 |
| 46115HBQ9 | Intesa Sanpaolo Spa | ISPIM | 4.2 | 06/01/2032 | 700,000.00 | 648,235.00 | 0.05 |
| 82650BAD8 | Sierra Timeshare 2023-2 Receivables Fund | SRFC | 9.72 | 04/20/2040 | 568,593.00 | 592,890.00 | 0.05 |
| 83368RBD3 | Societe Generale Sa | SOCGEN | 2.89 | 06/09/2032 | 745,000.00 | 658,684.00 | 0.05 |
| 81728UAB0 | Sensata Technologies Inc | ST | 3.75 | 02/15/2031 | 665,000.00 | 605,428.00 | 0.05 |
| 845467AT6 | Expand Energy Corp | EXE | 4.75 | 02/01/2032 | 575,000.00 | 558,475.00 | 0.05 |
| 706BFMGGCE | Eur/usd Fwd 20251022 0997 | EUR | — | 10/22/2025 | -25,153,026.00 | 676,288.00 | 0.05 |
| 74052HAB0 | Premier Entertainment Sub Llc / Premier | BALY | 5.88 | 09/01/2031 | 1,025,000.00 | 633,142.00 | 0.05 |
| 912834KP2 | United States Treasury Strip Coupon | S | — | 08/15/2041 | 1,295,000.00 | 581,719.00 | 0.05 |
| 914906AY8 | Univision Communications Inc | UVN | 8.0 | 08/15/2028 | 625,000.00 | 642,243.00 | 0.05 |
| 12654FAA8 | COMM 2024-277p Mortgage Trust | COMM | 6.34 | 08/10/2044 | 600,000.00 | 628,197.00 | 0.05 |
| 097751CD1 | Bombardier Inc | BBDBCN | 6.75 | 06/15/2033 | 595,000.00 | 609,875.00 | 0.05 |
| 131347CM6 | Calpine Corp | CPN | 4.5 | 02/15/2028 | 670,000.00 | 662,689.00 | 0.05 |
| 172967MU2 | Citigroup Inc | C | 4.0 | 03/10/2173 | 605,000.00 | 600,766.00 | 0.05 |
| 05508WAC9 | B&G Foods Inc | BGS | 8.0 | 09/15/2028 | 600,000.00 | 561,150.00 | 0.05 |
| 05565QDU9 | BP Capital Markets Plc | BPLN | 4.38 | 09/22/2173 | 638,000.00 | 635,607.00 | 0.05 |
| 019579AA9 | Allied Universal Holdco Llc/allied Unive | UNSEAM | 4.63 | 06/01/2028 | 680,000.00 | 659,600.00 | 0.05 |
| 02007GZ89 | ALLY Bank Auto Credit-linked Notes Serie | ABCLN | 7.92 | 05/17/2032 | 590,679.00 | 602,822.00 | 0.05 |
| 045086AM7 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 4.63 | 08/01/2029 | 675,000.00 | 641,975.00 | 0.05 |
| 36179TLS2 | Ginnie Mae Ii Pool | G2 | 3.5 | 11/01/2047 | 682,179.00 | 622,893.00 | 0.05 |
| 315293308 | Ferrellgas Partners Lp | FGPRB | — | — | 4,838.00 | 639,580.00 | 0.05 |
| 29273VAN0 | Energy Transfer Lp | ET | 6.5 | 11/15/2173 | 655,000.00 | 658,150.00 | 0.05 |
| 20755DAB2 | Connecticut Avenue Securities Trust 2022 | CAS | 7.95 | 07/25/2042 | 635,000.00 | 662,387.00 | 0.05 |
| 27034RAA1 | Permian Resources Operating Llc | PR | 8.0 | 04/15/2027 | 650,000.00 | 664,375.00 | 0.05 |
| 29163VAG8 | Empire Communities Corp | EMPRCC | 9.75 | 05/01/2029 | 550,000.00 | 560,279.00 | 0.05 |
| 25470MAG4 | DISH Network Corp | DISH | 11.75 | 11/15/2027 | 525,000.00 | 546,635.00 | 0.04 |
| 20755DAF3 | Connecticut Avenue Securities Trust 2022 | CAS | 9.95 | 07/25/2042 | 500,000.00 | 539,065.00 | 0.04 |
| 20754MAF4 | Connecticut Avenue Securities Trust 2022 | CAS | 11.15 | 06/25/2042 | 500,000.00 | 549,370.00 | 0.04 |
| 279158AP4 | Ecopetrol Sa | ECOPET | 4.63 | 11/02/2031 | 620,000.00 | 534,824.00 | 0.04 |
| 345397B51 | FORD Motor Credit Co Llc | F | 2.9 | 02/16/2028 | 550,000.00 | 516,126.00 | 0.04 |
| 31418EGT1 | Fannie Mae Pool | FN | 5.0 | 07/01/2052 | 532,609.00 | 520,975.00 | 0.04 |
| 36179VZQ6 | Ginnie Mae Ii Pool | G2 | 2.0 | 12/01/2050 | 674,446.00 | 544,600.00 | 0.04 |
| 3140J5VG1 | Fannie Mae Pool | FN | 5.0 | 11/01/2044 | 482,770.00 | 482,923.00 | 0.04 |
| 04433LAA0 | Ashland Inc | ASH | 3.38 | 09/01/2031 | 575,000.00 | 505,414.00 | 0.04 |
| 00206RMN9 | AT&T Inc | T | 3.8 | 12/01/2057 | 781,000.00 | 543,917.00 | 0.04 |
| 071734AM9 | Bausch Health Cos Inc | BHCCN | 5.0 | 02/15/2029 | 800,000.00 | 552,808.00 | 0.04 |
| 071734AN7 | Bausch Health Cos Inc | BHCCN | 4.88 | 06/01/2028 | 575,000.00 | 508,875.00 | 0.04 |
| 071734AH0 | Bausch Health Cos Inc | BHCCN | 5.0 | 01/30/2028 | 650,000.00 | 542,750.00 | 0.04 |
| 12674CAA1 | CA Magnum Holdings | HEXWIN | 5.38 | 10/31/2026 | 535,000.00 | 530,786.00 | 0.04 |
| 87724RAJ1 | Taylor Morrison Communities Inc | TMHC | 5.13 | 08/01/2030 | 530,000.00 | 522,437.00 | 0.04 |
| 912803EK5 | United States Treasury Strip Principal | SP | — | 11/15/2044 | 1,145,000.00 | 438,455.00 | 0.04 |
| 68622TAB7 | Organon & Co / Organon Foreign Debt Co-i | OGN | 5.13 | 04/30/2031 | 525,000.00 | 454,118.00 | 0.04 |
| 817477AG7 | Serbia International Bond | SERBIA | 6.25 | 05/26/2028 | 425,000.00 | 438,945.00 | 0.04 |
| 845467AR0 | Expand Energy Corp | EXE | 5.38 | 02/01/2029 | 500,000.00 | 500,631.00 | 0.04 |
| 749571AK1 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 6.5 | 04/01/2032 | 500,000.00 | 510,816.00 | 0.04 |
| 475795AD2 | Jeld-wen Inc | JELD | 4.88 | 12/15/2027 | 500,000.00 | 474,112.00 | 0.04 |
| 45344LAD5 | Crescent Energy Finance Llc | CRGYFN | 7.63 | 04/01/2032 | 470,000.00 | 459,433.00 | 0.04 |
| 42250PAB9 | Healthpeak Op Llc | DOC | 2.88 | 01/15/2031 | 505,000.00 | 459,093.00 | 0.04 |
| 422704AH9 | Hecla Mining Co | HL | 7.25 | 02/15/2028 | 500,000.00 | 504,960.00 | 0.04 |
| 36179YS88 | Ginnie Mae Ii Pool | G2 | 6.5 | 03/20/2054 | 532,260.00 | 546,799.00 | 0.04 |
| 398433AP7 | Griffon Corp | GFF | 5.75 | 03/01/2028 | 515,000.00 | 512,311.00 | 0.04 |
| 603051AE3 | Mineral Resources Ltd | MINAU | 9.25 | 10/01/2028 | 450,000.00 | 469,125.00 | 0.04 |
| 62886HBE0 | NCL Corp Ltd | NCLH | 5.88 | 02/15/2027 | 500,000.00 | 499,625.00 | 0.04 |
| 536797AG8 | Lithia Motors Inc | LAD | 3.88 | 06/01/2029 | 550,000.00 | 519,806.00 | 0.04 |
| FVU5 COMDT | US 5yr Note (cbt) Sep25 | FVU5 | — | 09/30/2025 | 212,557,734.00 | 540,094.00 | 0.04 |
| BMG92X1 | Serbia International Bond | SERBIA | 2.13 | 12/01/2030 | 508,000.00 | 434,021.00 | 0.04 |
| B8AC5MQN3 | Diamond Sports Grp Llc- Cs | — | — | — | 37,739.00 | 506,344.00 | 0.04 |
| E6198HM23B | Eur/usd Fwd 20251022 Barcus33 | EUR | — | 10/22/2025 | -25,153,027.00 | 545,241.00 | 0.04 |
| BT3K009 | Softbank Group Corp | SOFTBK | 5.75 | 07/08/2032 | 400,000.00 | 463,685.00 | 0.04 |
| SWB8ADQ7VX | Scds: (argent) | — | 1.0 | 06/20/2030 | -2,000,000.00 | 511,872.00 | 0.04 |
| SWB8ADQ7XJ | Scds: (soaf) | — | 1.0 | 06/20/2030 | -9,000,000.00 | 327,096.00 | 0.03 |
| SWB8ACMDEY | SWP: Ois Sofr 4.497000 13-may-2027 | — | — | 05/13/2027 | 28,000,000.00 | 341,074.00 | 0.03 |
| L8176HAF7 | Intelsat Emergence Sa | — | — | — | 34,637.00 | 403,746.00 | 0.03 |
| PR3JL1MGV5 | Krw/usd Fwd 20250917 Mslngb2x | KRW | — | 09/17/2025 | -8,714,137,417.00 | 318,484.00 | 0.03 |
| SWB8A5Z0B3 | Fswp: Ois 1.050000 08-may-2027 | — | — | 05/08/2027 | -6,015,000.00 | 353,892.00 | 0.03 |
| SWB8A5Z42Z | Fswp: Ois 1.100000 08-may-2029 | — | — | 05/08/2029 | -2,730,000.00 | 321,877.00 | 0.03 |
| B8ADRJ0H5 | Clubcorp Holdings Inc | — | — | 04/30/2032 | 347,912.00 | 345,059.00 | 0.03 |
| BMH2ZN0 | United Group Bv | ADRBID | 4.0 | 11/15/2027 | 318,182.00 | 361,072.00 | 0.03 |
| BL4047090 | Tenneco Inc | TENINC | 9.17 | 11/17/2028 | 387,911.00 | 381,849.00 | 0.03 |
| XS30991560 | Bellis Acquisition Co Plc | ASSDLN | 8.0 | 07/01/2031 | 275,000.00 | 316,920.00 | 0.03 |
| 53222MAD4 | Light Servicos De Eletricidade Sa | LIGTBZ | 4.21 | 12/19/2032 | 759,679.00 | 391,234.00 | 0.03 |
| 513272AD6 | LAMB Weston Holdings Inc | LW | 4.13 | 01/31/2030 | 450,000.00 | 427,597.00 | 0.03 |
| 527298CM3 | Level 3 Financing Inc | LVLT | 6.88 | 06/30/2033 | 400,000.00 | 405,817.00 | 0.03 |
| 5SE3FP3KJO | Gbp/usd Fwd 20251022 2568 | GBP | — | 10/22/2025 | -20,983,452.00 | 398,139.00 | 0.03 |
| 55342UAH7 | MPT Operating Partnership Lp / Mpt Finan | MPW | 5.0 | 10/15/2027 | 450,000.00 | 412,813.00 | 0.03 |
| 55342UAM6 | MPT Operating Partnership Lp / Mpt Finan | MPW | 3.5 | 03/15/2031 | 500,000.00 | 341,599.00 | 0.03 |
| 682413AJ8 | ONE 2021-park Mortgage Trust | ONP | 6.21 | 03/15/2036 | 400,000.00 | 369,205.00 | 0.03 |
| 38237CAA6 | Goodleap Sustainable Home Solutions Trus | GOOD | 6.5 | 07/20/2055 | 413,545.00 | 402,823.00 | 0.03 |
| 366651AC1 | Gartner Inc | IT | 4.5 | 07/01/2028 | 350,000.00 | 345,219.00 | 0.03 |
| 460599AD5 | Brightstar Lottery Plc | IGT | 6.25 | 01/15/2027 | 325,000.00 | 327,190.00 | 0.03 |
| 469815AL8 | Jacobs Entertainment Inc | JACENT | 6.75 | 02/15/2029 | 350,000.00 | 342,201.00 | 0.03 |
| 47233JBH0 | Jefferies Financial Group Inc | JEF | 4.15 | 01/23/2030 | 350,000.00 | 341,723.00 | 0.03 |
| 87724RAA0 | Taylor Morrison Communities Inc | TMHC | 5.88 | 06/15/2027 | 400,000.00 | 403,231.00 | 0.03 |
| 69331CAM0 | PG&E Corp | PCG | 7.38 | 03/15/2055 | 350,000.00 | 337,668.00 | 0.03 |
| 71654QDC3 | Petroleos Mexicanos | PEMEX | 6.84 | 01/23/2030 | 400,000.00 | 393,600.00 | 0.03 |
| 74843PAA8 | Quikrete Holdings Inc | QUIKHO | 6.38 | 03/01/2032 | 395,000.00 | 405,397.00 | 0.03 |
| 71643VAB1 | Petroleos Mexicanos | PEMEX | 6.7 | 02/16/2032 | 368,000.00 | 349,600.00 | 0.03 |
| 90932LAH0 | United Airlines Inc | UAL | 4.63 | 04/15/2029 | 400,000.00 | 390,399.00 | 0.03 |
| 91153LAA5 | United Wholesale Mortgage Llc | UWMLLC | 5.5 | 11/15/2025 | 400,000.00 | 400,007.00 | 0.03 |
| 88033GDM9 | Tenet Healthcare Corp | THC | 4.25 | 06/01/2029 | 325,000.00 | 313,526.00 | 0.03 |
| 90932JAA0 | United Airlines 2019-2 Class Aa Pass Thr | UAL | 2.7 | 05/01/2032 | 348,169.00 | 311,618.00 | 0.03 |
| 912834DV7 | United States Treasury Strip Coupon | S | — | 05/15/2039 | 830,000.00 | 425,686.00 | 0.03 |
| 92564RAA3 | VICI Properties Lp / Vici Note Co Inc | VICI | 4.25 | 12/01/2026 | 345,000.00 | 342,202.00 | 0.03 |
| 92840VAF9 | Vistra Operations Co Llc | VST | 5.0 | 07/31/2027 | 405,000.00 | 402,980.00 | 0.03 |
| 185899AS0 | Cleveland-cliffs Inc | CLF | 7.5 | 09/15/2031 | 400,000.00 | 399,817.00 | 0.03 |
| 147918AB2 | Cassa Depositi E Prestiti Spa | CDEP | 5.75 | 05/05/2026 | 400,000.00 | 402,829.00 | 0.03 |
| 165167DG9 | Expand Energy Corp | EXE | 5.88 | 02/01/2029 | 425,000.00 | 426,307.00 | 0.03 |
| 07336MAA9 | Bayview Opportunity Master Fund Vii Trus | BVABS | 6.97 | 07/29/2032 | 397,865.00 | 398,462.00 | 0.03 |
| 126307AQ0 | CSC Holdings Llc | CSCHLD | 5.5 | 04/15/2027 | 400,000.00 | 387,291.00 | 0.03 |
| 049362AA4 | Allied Universal Holdco Llc/allied Unive | UNSEAM | 4.63 | 06/01/2028 | 420,000.00 | 407,265.00 | 0.03 |
| 02128LAC0 | ALTA Equipment Group Inc | ALTG | 9.0 | 06/01/2029 | 420,000.00 | 398,920.00 | 0.03 |
| 35564KMH9 | Freddie Mac Stacr Remic Trust 2021-dna7 | STACR | 6.15 | 11/25/2041 | 310,000.00 | 312,228.00 | 0.03 |
| 29646AAD8 | Eskom Holdings Soc Ltd | ESKOM | 8.45 | 08/10/2028 | 306,000.00 | 322,830.00 | 0.03 |
| 3132DWAW3 | Freddie Mac Pool | FR | 2.0 | 01/01/2051 | 515,679.00 | 406,528.00 | 0.03 |
| 3132DWDF7 | Freddie Mac Pool | FR | 3.5 | 03/01/2052 | 349,519.00 | 314,322.00 | 0.03 |
| 25470XBB0 | DISH Dbs Corp | DISH | 7.38 | 07/01/2028 | 500,000.00 | 383,675.00 | 0.03 |
| 21873SAB4 | Coreweave Inc | CRWV | 9.25 | 06/01/2030 | 205,000.00 | 206,041.00 | 0.02 |
| 21873SAC2 | Coreweave Inc | CRWV | 9.0 | 02/01/2031 | 290,000.00 | 289,490.00 | 0.02 |
| 23307CAJ4 | DBWF 2016-85t Mortgage Trust | DBWF | 3.81 | 12/01/2036 | 250,000.00 | 232,953.00 | 0.02 |
| 3132DWCQ4 | Freddie Mac Pool | FR | 3.0 | 11/01/2051 | 347,200.00 | 298,795.00 | 0.02 |
| 29379VBM4 | Enterprise Products Operating Llc | EPD | 7.57 | 08/16/2077 | 200,000.00 | 199,868.00 | 0.02 |
| 35641AAC2 | Freedom Mortgage Holdings Llc | FREMOR | 8.38 | 04/01/2032 | 220,000.00 | 224,706.00 | 0.02 |
| 36168QAQ7 | GFL Environmental Inc | GFLCN | 6.75 | 01/15/2031 | 210,000.00 | 217,612.00 | 0.02 |
| 335934AV7 | First Quantum Minerals Ltd | FMCN | 9.38 | 03/01/2029 | 210,000.00 | 221,812.00 | 0.02 |
| 31397VSJ7 | Fannie Mae Interest Strip | FNS | 3.5 | 11/01/2035 | 2,271,032.00 | 245,659.00 | 0.02 |
| 030981AL8 | Amerigas Partners Lp / Amerigas Finance | APU | 5.75 | 05/20/2027 | 295,000.00 | 293,257.00 | 0.02 |
| 04364VAX1 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 6.63 | 10/15/2032 | 280,000.00 | 284,889.00 | 0.02 |
| 00653VAA9 | Adapthealth Llc | ADAHEA | 6.13 | 08/01/2028 | 300,000.00 | 298,780.00 | 0.02 |
| 00766TAE0 | AECOM | ACM | 6.0 | 08/01/2033 | 195,000.00 | 196,579.00 | 0.02 |
| 05491LAJ7 | Bbcms 2016-etc Mortgage Trust | BBCMS | 3.61 | 08/05/2036 | 250,000.00 | 226,282.00 | 0.02 |
| 05491VAJ5 | Bbcms 2018-chrs Mortgage Trust | BBCMS | 4.27 | 08/01/2038 | 250,000.00 | 216,107.00 | 0.02 |
| 126307AS6 | CSC Holdings Llc | CSCHLD | 5.38 | 02/01/2028 | 225,000.00 | 207,001.00 | 0.02 |
| 11283YAB6 | Brookfield Residential Properties Inc / | BRPCN | 6.25 | 09/15/2027 | 275,000.00 | 274,312.00 | 0.02 |
| 17888HAC7 | Civitas Resources Inc | CIVI | 8.63 | 11/01/2030 | 275,000.00 | 280,759.00 | 0.02 |
| 18551PAE9 | Cleco Corporate Holdings Llc | CNL | 3.38 | 09/15/2029 | 295,000.00 | 272,495.00 | 0.02 |
| 185899AQ4 | Cleveland-cliffs Inc | CLF | 6.88 | 11/01/2029 | 245,000.00 | 245,088.00 | 0.02 |
| 18972EAD7 | Clydesdale Acquisition Holdings Inc | NOVHOL | 6.75 | 04/15/2032 | 250,000.00 | 255,940.00 | 0.02 |
| 126307BD8 | CSC Holdings Llc | CSCHLD | 4.63 | 12/01/2030 | 475,000.00 | 222,116.00 | 0.02 |
| 146869AL6 | Carvana Co | CVNA | 9.0 | 12/01/2028 | 257,825.00 | 264,103.00 | 0.02 |
| 92676XAD9 | Viking Cruises Ltd | VIKCRU | 5.88 | 09/15/2027 | 300,000.00 | 298,500.00 | 0.02 |
| 92840VAH5 | Vistra Operations Co Llc | VST | 4.38 | 05/01/2029 | 225,000.00 | 218,055.00 | 0.02 |
| 92564RAB1 | VICI Properties Lp / Vici Note Co Inc | VICI | 4.63 | 12/01/2029 | 285,000.00 | 279,435.00 | 0.02 |
| 922966AB2 | Venture Global Plaquemines Lng Llc | VEGLPL | 7.75 | 05/01/2035 | 242,000.00 | 265,392.00 | 0.02 |
| 912834JH2 | United States Treasury Strip Coupon | S | — | 11/15/2040 | 580,000.00 | 272,028.00 | 0.02 |
| 893830BL2 | Transocean Inc | RIG | 8.0 | 02/01/2027 | 235,000.00 | 233,237.00 | 0.02 |
| 912810UK2 | United States Treasury Note/bond | T | 4.75 | 05/15/2055 | 195,000.00 | 190,703.00 | 0.02 |
| 71880KAA9 | Phinia Inc | PHIN | 6.75 | 04/15/2029 | 200,000.00 | 205,851.00 | 0.02 |
| 77340RAM9 | Rockies Express Pipeline Llc | ROCKIE | 6.88 | 04/15/2040 | 225,000.00 | 226,976.00 | 0.02 |
| 79546VAQ9 | Sally Holdings Llc / Sally Capital Inc | SBH | 6.75 | 03/01/2032 | 250,000.00 | 256,715.00 | 0.02 |
| 42704LAF1 | HERC Holdings Inc | HRI | 7.0 | 06/15/2030 | 285,000.00 | 294,286.00 | 0.02 |
| 45344LAC7 | Crescent Energy Finance Llc | CRGYFN | 9.25 | 02/15/2028 | 224,000.00 | 232,813.00 | 0.02 |
| 44330BAM6 | HPC Investment Partners Clo | HLM | 6.21 | 10/20/2029 | 299,010.00 | 299,056.00 | 0.02 |
| 38141GWV2 | Goldman Sachs Group Inc/the | GS | 3.81 | 04/23/2029 | 265,000.00 | 260,101.00 | 0.02 |
| 404119BS7 | HCA Inc | HCA | 5.88 | 02/15/2026 | 200,000.00 | 200,107.00 | 0.02 |
| 36268NAA8 | Boost Newco Borrower Llc | WRLDPY | 7.5 | 01/15/2031 | 200,000.00 | 211,453.00 | 0.02 |
| 36179XFL5 | Ginnie Mae Ii Pool | G2 | 6.0 | 09/20/2052 | 234,800.00 | 239,781.00 | 0.02 |
| 668771AM0 | GEN Digital Inc | GEN | 6.25 | 04/01/2033 | 266,000.00 | 271,229.00 | 0.02 |
| 629377CE0 | NRG Energy Inc | NRG | 5.75 | 01/15/2028 | 225,000.00 | 225,369.00 | 0.02 |
| 629377CQ3 | NRG Energy Inc | NRG | 3.38 | 02/15/2029 | 200,000.00 | 187,761.00 | 0.02 |
| 629377CU4 | NRG Energy Inc | NRG | 10.25 | 09/15/2173 | 225,000.00 | 248,179.00 | 0.02 |
| 517834AF4 | LAS Vegas Sands Corp | LVS | 3.9 | 08/08/2029 | 255,000.00 | 243,382.00 | 0.02 |
| 552953CF6 | MGM Resorts International | MGM | 5.5 | 04/15/2027 | 250,000.00 | 250,874.00 | 0.02 |
| XS29662403 | Talktalk Telecom Group Ltd | TALKLN | 11.75 | 03/01/2028 | 1,939,602.00 | 256,153.00 | 0.02 |
| BL4741288 | Adtalem Global Education | ATGE | 7.08 | 08/12/2028 | 255,535.00 | 255,747.00 | 0.02 |
| BL4938314 | MAIN Street Sports Group | DSPORT | 12.0 | 01/02/2028 | 259,709.00 | 225,947.00 | 0.02 |
| BL4949832 | Clarios Global Lp | POWSOL | 7.08 | 01/28/2032 | 250,000.00 | 250,104.00 | 0.02 |
| B8ADQ6J27 | Doncasters Us Fin Llc | — | — | 04/01/2030 | 270,000.00 | 272,700.00 | 0.02 |
| 95081QAQ7 | Wesco Distribution Inc | WCC | 6.38 | 03/15/2029 | 205,000.00 | 210,211.00 | 0.02 |
| BSF1TY0 | Digicel Midco Ltd / Difl Us Ii Llc | DIGMID | 10.5 | 11/25/2028 | 254,804.00 | 257,989.00 | 0.02 |
| SWB8A5Z0AY | SWP: Ois 1.000000 08-may-2026 | — | — | 05/08/2026 | -8,995,000.00 | 254,113.00 | 0.02 |
| SWB8ADJC36 | SWP: Ois Sofr 3.926820 15-nov-2052_c | — | — | 11/15/2052 | -11,048,000.00 | 255,947.00 | 0.02 |
| SWB8ADQ7VD | Scds: (egypt) | — | 1.0 | 06/20/2030 | -2,000,000.00 | 290,450.00 | 0.02 |
| SWB8ADQ7X3 | Scds: (colom) | — | 1.0 | 06/20/2030 | -7,000,000.00 | 301,466.00 | 0.02 |
| SWB8ADQ7X6 | Scds: (ivycst) | — | 1.0 | 06/20/2030 | -2,000,000.00 | 210,812.00 | 0.02 |
| SWB8ADQ7W3 | Scds: (ngeria) | — | 1.0 | 06/20/2030 | -2,000,000.00 | 297,423.00 | 0.02 |
| USP9190PAM | Total Play Telecomunicaciones Sa De Cv | TOTALP | 11.13 | 12/31/2032 | 300,000.00 | 288,171.00 | 0.02 |
| SWTRE8ADKZ | TRS On Fi Credit Bond Leg Accrual | — | 3.38 | 08/21/2025 | 17,370,000.00 | 127,018.00 | 0.01 |
| SWB8ADQ7W6 | Scds: (brazil) | — | 1.0 | 06/20/2030 | -9,000,000.00 | 183,053.00 | 0.01 |
| SWB8ADQ7WJ | Scds: (bhrain) | — | 1.0 | 06/20/2030 | -2,000,000.00 | 62,670.00 | 0.01 |
| SWB8ADQ7XC | Scds: (panama) | — | 1.0 | 06/20/2030 | -2,000,000.00 | 62,928.00 | 0.01 |
| SWB8A9BXVL | General Motors Co Cds 20260620 | — | 5.0 | 06/20/2026 | 2,390,000.00 | 111,171.00 | 0.01 |
| SWB8ACMUHF | SWP: Ois Sofr 4.750000 11-may-2026_c | — | — | 05/11/2026 | 37,000,000.00 | 152,978.00 | 0.01 |
| SWB8A5Z48U | SWP: Ois Gbp 1.150000 08-may-2031 - Payf | — | — | 05/08/2031 | -422,000.00 | 74,767.00 | 0.01 |
| SWB8A5Z49U | SWP: Ois Gbp 1.150000 08-may-2032 - Payf | — | — | 05/08/2032 | -340,000.00 | 71,148.00 | 0.01 |
| NMLBK7K9GC | Sgd/usd Fwd 20250917 5 | SGD | — | 09/17/2025 | -7,891,328.00 | 76,072.00 | 0.01 |
| OEU5 COMDT | Euro-bobl Future Sep25 | OEU5 | — | 09/08/2025 | -26,096,562.00 | 164,208.00 | 0.01 |
| GLDJ73N9JE | Sgd/usd Fwd 20250917 955 | SGD | — | 09/17/2025 | -13,682,894.00 | 143,353.00 | 0.01 |
| JDTURIVS64 | Czk/usd Fwd 20251022 Barcus33 | CZK | — | 10/22/2025 | -117,048,548.00 | 96,771.00 | 0.01 |
| E8LVH0D2GV | Cnh/usd Fwd 20250917 Midlgb22 | CNH | — | 09/17/2025 | -151,891,038.00 | 154,986.00 | 0.01 |
| BRIFRHV351 | Eur/usd Fwd 20251022 Mslngb2x | EUR | — | 10/22/2025 | -2,288,971.00 | 66,322.00 | 0.01 |
| BZ0W0D3 | LIMA Metro Line 2 Finance Ltd | LIMAMT | 5.88 | 07/05/2034 | 77,898.00 | 79,154.00 | 0.01 |
| DAJ94LF8OI | Mxn/usd Fwd 20250917 Midlgb22 | MXN | — | 09/17/2025 | 67,942,791.00 | 85,907.00 | 0.01 |
| DSJFG12QBF | Brl/usd Fwd 20250804 Mslngb2x | BRL | — | 08/04/2025 | -27,771,852.00 | 125,398.00 | 0.01 |
| 95081QAR5 | Wesco Distribution Inc | WCC | 6.63 | 03/15/2032 | 160,000.00 | 165,068.00 | 0.01 |
| 963320BD7 | Whirlpool Corp | WHR | 6.13 | 06/15/2030 | 90,000.00 | 89,788.00 | 0.01 |
| 96950FAP9 | Williams Cos Inc/the | WMB | 4.9 | 01/15/2045 | 76,000.00 | 66,648.00 | 0.01 |
| 97381AAA0 | Windstream Services Llc / Windstream Esc | WIN | 8.25 | 10/01/2031 | 140,000.00 | 146,679.00 | 0.01 |
| AR1FN0T2MS | Twd/usd Fwd 20250917 Citius33 | TWD | — | 09/17/2025 | -303,147,504.00 | 144,267.00 | 0.01 |
| B8A5CKF71 | Tfs_l 8-3-al 2.90 16-mar-2023 Private Pl | — | 2.9 | 03/15/2026 | 203,467.00 | 172,986.00 | 0.01 |
| B8TS4V9 | VTB Bank Ojsc Via Vtb Capital Sa | VTB | 6.95 | 10/17/2025 | 2,240,000.00 | 112,000.00 | 0.01 |
| B8ADGKST8 | NEW Generation Gas Gathering Llc | — | 4.34 | 09/30/2029 | 178,378.00 | 175,702.00 | 0.01 |
| B8ADVAEX9 | NEW Generation Gas Gathering Llc | — | 4.34 | 09/30/2029 | 148,648.00 | 146,418.00 | 0.01 |
| B8ADX0WW1 | Doncasters Us Finance Llc | — | 10.8 | 04/23/2030 | 179,550.00 | 181,345.00 | 0.01 |
| B8ACA1AA8 | Digicel Intl Fin Ltd | — | — | — | 7,553.00 | 89,710.00 | 0.01 |
| B8ACXD562 | NEW Generation Gas Gathering Llc | — | 4.32 | 09/30/2029 | 148,649.00 | 146,418.00 | 0.01 |
| B8AD38TW1 | NEW Generation Gas - Unfunded | — | — | 09/30/2029 | 74,324.00 | 73,209.00 | 0.01 |
| BLBLMH9 | Agile Group Holdings Ltd | AGILE | 6.05 | 10/13/2025 | 2,085,000.00 | 114,675.00 | 0.01 |
| BL3219328 | Blackstone Mortgage Tr | BXMT | 6.69 | 04/23/2026 | 62,284.00 | 62,206.00 | 0.01 |
| XS24186943 | Lsf11 Boson Investments Sarl Compartment | ERLS | 4.05 | 11/25/2060 | 80,726.00 | 89,796.00 | 0.01 |
| 51889RAD1 | Laurel Road Prime Student Loan Trust 201 | LRK | — | 10/25/2048 | 398,378.00 | 142,259.00 | 0.01 |
| 53222MAC6 | Light Servicos De Eletricidade Sa | LIGTBZ | 2.26 | 12/19/2037 | 319,400.00 | 81,405.00 | 0.01 |
| 527298CB7 | Level 3 Financing Inc | LVLT | 4.88 | 06/15/2029 | 75,000.00 | 70,509.00 | 0.01 |
| 55903VBU6 | Warnermedia Holdings Inc | WBD | 5.14 | 03/15/2052 | 114,000.00 | 70,545.00 | 0.01 |
| 67091TAD7 | OCP Sa | OCPMR | 3.75 | 06/23/2031 | 200,000.00 | 180,392.00 | 0.01 |
| 644535AJ5 | NEW Gold Inc | NGDCN | 6.88 | 04/01/2032 | 105,000.00 | 107,758.00 | 0.01 |
| 64828FCQ3 | NEW Residential Mortgage Loan Trust 2018 | NRZT | 5.22 | 01/25/2048 | 64,640.00 | 63,353.00 | 0.01 |
| 651229BE5 | Newell Brands Inc | NWL | 6.63 | 05/15/2032 | 75,000.00 | 71,751.00 | 0.01 |
| 651229BF2 | Newell Brands Inc | NWL | 6.38 | 05/15/2030 | 145,000.00 | 140,941.00 | 0.01 |
| 63861CAD1 | Nationstar Mortgage Holdings Inc | COOP | 5.13 | 12/15/2030 | 150,000.00 | 150,923.00 | 0.01 |
| 38382BLB7 | Government National Mortgage Association | GNR | 3.5 | 12/01/2049 | 628,434.00 | 102,278.00 | 0.01 |
| 42704LAG9 | HERC Holdings Inc | HRI | 7.25 | 06/15/2033 | 120,000.00 | 124,344.00 | 0.01 |
| 457030AK0 | Ingles Markets Inc | IMKTA | 4.0 | 06/15/2031 | 150,000.00 | 139,579.00 | 0.01 |
| 812127AA6 | Sealed Air Corp/sealed Air Corp Us | SEE | 6.13 | 02/01/2028 | 100,000.00 | 100,957.00 | 0.01 |
| 71654QCK6 | Petroleos Mexicanos | PEMEX | 5.35 | 02/12/2028 | 144,000.00 | 140,176.00 | 0.01 |
| 71654QCP5 | Petroleos Mexicanos | PEMEX | 6.5 | 01/23/2029 | 100,000.00 | 99,400.00 | 0.01 |
| 74843PAB6 | Quikrete Holdings Inc | QUIKHO | 6.75 | 03/01/2033 | 85,000.00 | 87,193.00 | 0.01 |
| 71654QDL3 | Petroleos Mexicanos | PEMEX | 8.75 | 06/02/2029 | 130,000.00 | 136,797.00 | 0.01 |
| 90137LAQ3 | 20 Times Square Trust 2018-20ts | TSQ | 3.1 | 05/01/2035 | 100,000.00 | 84,000.00 | 0.01 |
| 878091BD8 | Teachers Insurance & Annuity Association | TIAAGL | 4.9 | 09/15/2044 | 75,000.00 | 67,466.00 | 0.01 |
| 912834LR7 | United States Treasury Strip Coupon | S | — | 08/15/2042 | 305,000.00 | 128,865.00 | 0.01 |
| 912834LX4 | United States Treasury Strip Coupon | S | — | 11/15/2042 | 320,000.00 | 133,288.00 | 0.01 |
| 912834UH9 | United States Treasury Strip Coupon | S | — | 02/15/2049 | 480,000.00 | 145,027.00 | 0.01 |
| 912834VV7 | United States Treasury Strip Coupon | S | — | 05/15/2050 | 250,000.00 | 71,112.00 | 0.01 |
| 912834QP6 | United States Treasury Strip Coupon | S | — | 08/15/2046 | 230,000.00 | 78,771.00 | 0.01 |
| 922966AC0 | Venture Global Plaquemines Lng Llc | VEGLPL | 6.5 | 01/15/2034 | 150,000.00 | 154,286.00 | 0.01 |
| 922966AD8 | Venture Global Plaquemines Lng Llc | VEGLPL | 6.75 | 01/15/2036 | 150,000.00 | 154,287.00 | 0.01 |
| 922966AA4 | Venture Global Plaquemines Lng Llc | VEGLPL | 7.5 | 05/01/2033 | 146,000.00 | 157,658.00 | 0.01 |
| 92564RAH8 | VICI Properties Lp / Vici Note Co Inc | VICI | 4.5 | 09/01/2026 | 75,000.00 | 74,631.00 | 0.01 |
| 16115QAF7 | Chart Industries Inc | GTLS | 7.5 | 01/01/2030 | 125,000.00 | 130,948.00 | 0.01 |
| 126307BB2 | CSC Holdings Llc | CSCHLD | 4.13 | 12/01/2030 | 200,000.00 | 134,365.00 | 0.01 |
| 14071LAA6 | Capstone Copper Corp | CAPCOP | 6.75 | 03/31/2033 | 155,000.00 | 157,325.00 | 0.01 |
| 143658BQ4 | Carnival Corp | CCL | 4.0 | 08/01/2028 | 100,000.00 | 96,744.00 | 0.01 |
| 143658BY7 | Carnival Corp | CCL | 5.75 | 03/15/2030 | 150,000.00 | 152,156.00 | 0.01 |
| 185899AR2 | Cleveland-cliffs Inc | CLF | 7.38 | 05/01/2033 | 160,000.00 | 156,033.00 | 0.01 |
| 17888HAA1 | Civitas Resources Inc | CIVI | 8.38 | 07/01/2028 | 125,000.00 | 128,693.00 | 0.01 |
| 10554TAB1 | Braskem Netherlands Finance Bv | BRASKM | 4.5 | 01/10/2028 | 212,000.00 | 162,180.00 | 0.01 |
| 10554TAD7 | Braskem Netherlands Finance Bv | BRASKM | 4.5 | 01/31/2030 | 262,000.00 | 184,317.00 | 0.01 |
| 07556QBR5 | Beazer Homes Usa Inc | BZH | 5.88 | 10/15/2027 | 125,000.00 | 124,683.00 | 0.01 |
| 00973RAJ2 | AKER Bp Asa | AKERBP | 4.0 | 01/15/2031 | 150,000.00 | 141,985.00 | 0.01 |
| 02209SBJ1 | Altria Group Inc | MO | 3.4 | 05/06/2030 | 100,000.00 | 94,588.00 | 0.01 |
| 3137F2LL8 | Freddie Mac Multifamily Structured Pass | FHMS | 0.73 | 06/01/2027 | 6,863,704.00 | 72,889.00 | 0.01 |
| 35640YAK3 | Freedom Mortgage Corp | FREMOR | 12.0 | 10/01/2028 | 150,000.00 | 160,376.00 | 0.01 |
| 23918KAT5 | Davita Inc | DVA | 3.75 | 02/15/2031 | 100,000.00 | 90,715.00 | 0.01 |
| 21925DAA7 | Cornerstone Building Brands Inc | CNR | 6.13 | 01/15/2029 | 150,000.00 | 110,279.00 | 0.01 |
| 25470XBD6 | DISH Dbs Corp | DISH | 5.13 | 06/01/2029 | 225,000.00 | 164,115.00 | 0.01 |
| 29273RBL2 | Energy Transfer Lp | ET | 5.3 | 04/15/2047 | 5,000.00 | 4,401.00 | 0.00 |
| 25381HAD0 | Digicel Group Holdings Ltd | DLLTD | — | 12/31/2030 | 127,027.00 | 12.00 | 0.00 |
| 25381HAM0 | Digicel Group Holdings Ltd | DLLTD | — | 12/31/2030 | 83,715.00 | 0.00 | 0.00 |
| 2EBRE3NO9T | Pen/usd Fwd 20250917 Mslngb2x | PEN | — | 09/17/2025 | 6,544,679.00 | 24,886.00 | 0.00 |
| 31556TAA7 | Fertitta Entertainment Llc / Fertitta En | FRTITA | 4.63 | 01/15/2029 | 50,000.00 | 47,515.00 | 0.00 |
| 3137BPW39 | Freddie Mac Multifamily Structured Pass | FHMS | 1.33 | 03/01/2026 | 961,246.00 | 5,807.00 | 0.00 |
| 021ESCAG3 | ALTA Mesa Holdings Lp / Alta Mesa Financ | ALTMES | — | 12/15/2025 | 2,950,000.00 | 2.00 | 0.00 |
| 071734AK3 | Bausch Health Cos Inc | BHCCN | 6.25 | 02/15/2029 | 75,000.00 | 53,075.00 | 0.00 |
| 0E6D8PCVH9 | Mxn/usd Fwd 20250917 Mslngb2x | MXN | — | 09/17/2025 | -16,196,960.00 | -9,059.00 | 0.00 |
| 0F0721204V | Sgd/usd Fwd 20250917 00187 | SGD | — | 09/17/2025 | -4,975,450.00 | 53,060.00 | 0.00 |
| 12654FAC4 | COMM 2024-277p Mortgage Trust | COMM | 0.66 | 08/10/2044 | 1,900,000.00 | 50,246.00 | 0.00 |
| 126650CN8 | CVS Health Corp | CVS | 5.13 | 07/20/2045 | 25,000.00 | 21,961.00 | 0.00 |
| 18060TAD7 | Clarios Global Lp / Clarios Us Finance C | POWSOL | 6.75 | 02/15/2030 | 50,000.00 | 51,364.00 | 0.00 |
| 1MH3IMPQO2 | Mxn/usd Fwd 20250917 955 | MXN | — | 09/17/2025 | -25,486,874.00 | -32,113.00 | 0.00 |
| 161175BA1 | Charter Communications Operating Llc / C | CHTR | 6.48 | 10/23/2045 | 50,000.00 | 48,612.00 | 0.00 |
| 94V467EEF8 | Pen/usd Fwd 20250917 Deutgb22 | PEN | — | 09/17/2025 | 3,852,109.00 | -10,245.00 | 0.00 |
| 912834UB2 | United States Treasury Strip Coupon | S | — | 11/15/2048 | 170,000.00 | 51,926.00 | 0.00 |
| 912834PT9 | United States Treasury Strip Coupon | S | — | 11/15/2045 | 155,000.00 | 55,013.00 | 0.00 |
| 912834LB2 | United States Treasury Strip Coupon | S | — | 02/15/2042 | 75,000.00 | 32,657.00 | 0.00 |
| 912834DU9 | United States Treasury Strip Coupon | S | — | 11/15/2038 | 110,000.00 | 58,207.00 | 0.00 |
| 706451BR1 | Petroleos Mexicanos | PEMEX | 6.63 | 06/15/2038 | 63,000.00 | 51,690.00 | 0.00 |
| 69LJ4CC5OK | Clp/usd Fwd 20250917 Barcus33 | CLP | — | 09/17/2025 | 808,790,588.00 | -43,390.00 | 0.00 |
| 6OO9R72I4J | Thb/usd Fwd 20250917 Midlgb22 | THB | — | 09/17/2025 | -150,064,189.00 | 9,147.00 | 0.00 |
| 7KDVPDTG4R | Twd/usd Fwd 20250917 Deutgb22 | TWD | — | 09/17/2025 | -51,876,518.00 | 37,898.00 | 0.00 |
| 80290CBJ2 | Santander Bank Auto Credit-linked Notes | SBCLN | 11.37 | 12/15/2032 | 3,141.00 | 3,147.00 | 0.00 |
| 780153BG6 | Royal Caribbean Cruises Ltd | RCL | 5.5 | 04/01/2028 | 25,000.00 | 25,264.00 | 0.00 |
| 4R7JLOSOA9 | Try/usd Fwd 20250813 Midlgb22 | TRY | — | 08/13/2025 | 0 | 11,044.00 | 0.00 |
| 682680AT0 | Oneok Inc | OKE | 4.95 | 07/13/2047 | 25,000.00 | 20,889.00 | 0.00 |
| 62886HBA8 | NCL Corp Ltd | NCLH | 5.88 | 03/15/2026 | 56,000.00 | 56,042.00 | 0.00 |
| 55JF5BO35B | Cnh/usd Fwd 20250917 00187 | CNH | — | 09/17/2025 | 31,258,281.00 | -23,076.00 | 0.00 |
| 55342UAQ7 | MPT Operating Partnership Lp / Mpt Finan | MPW | 8.5 | 02/15/2032 | 50,000.00 | 52,012.00 | 0.00 |
| 58CJ12TL3B | Php/usd Fwd 20250917 955 | PHP | — | 09/17/2025 | 187,070,122.00 | -51,411.00 | 0.00 |
| 53223N208 | Light S/a | LIGTBZ | — | 08/31/2027 | 325,729.00 | 48,859.00 | 0.00 |
| BBG014163P | Sfrz5c 99.25 Pit | SFRZ5C 99. | — | 12/12/2025 | -70,000.00 | -175.00 | 0.00 |
| BBG014163P | Sfrz5c 99.75 Pit | SFRZ5C 99. | — | 12/12/2025 | 155,000.00 | 387.00 | 0.00 |
| B8AD9KJQ2 | Diamond Sports Grp Llc- Warrants | — | — | — | 70,583.00 | 13,580.00 | 0.00 |
| B8AD2HEC2 | Codere Group Topco S.a. A1 Equity | — | — | — | 795 | 18,145.00 | 0.00 |
| B8AD2HEJ7 | Codere Group Topco S.a. A2 Equity | — | — | — | 1,119.00 | 25,540.00 | 0.00 |
| B8AD2JA99 | Codere Group Topco S.a. Warrants | — | — | — | 15 | 136.00 | 0.00 |
| B8AE3VDG0 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 22,690.00 | 22,503.00 | 0.00 |
| B8AE3VHV3 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 37,817.00 | 37,506.00 | 0.00 |
| B8A66QXU2 | Genon Hldgs Class A | — | — | — | 677 | 20,310.00 | 0.00 |
| B8AA7A6Y9 | Tfs_18-3 | — | — | 04/16/2040 | 1 | 1.00 | 0.00 |
| 9MVM74MMI4 | Inr/usd Fwd 20250917 Deutgb22 | INR | — | 09/17/2025 | 226,228,880.00 | -36,662.00 | 0.00 |
| A3155ORS3R | Clp/usd Fwd 20250917 Deutgb22 | CLP | — | 09/17/2025 | 970,805,000.00 | -46,804.00 | 0.00 |
| ALJFEVTCSJ | Cop/usd Fwd 20250917 Citius33 | COP | — | 09/17/2025 | 2,395,291,500.00 | 2,387.00 | 0.00 |
| AO5H22TB1V | Sgd/usd Fwd 20250917 Mslngb2x | SGD | — | 09/17/2025 | -3,913,424.00 | 16,865.00 | 0.00 |
| APVKP2L48R | Pen/usd Fwd 20250917 Scseus31 | PEN | — | 09/17/2025 | 5,615,120.00 | 2,252.00 | 0.00 |
| DUU5 COMDT | Euro-schatz Fut Sep25 | DUU5 | — | 09/08/2025 | -1,954,647.00 | 6,468.00 | 0.00 |
| DRKD3AB5G1 | Twd/usd Fwd 20250917 Barcus33 | TWD | — | 09/17/2025 | -51,996,990.00 | 33,853.00 | 0.00 |
| FXB8ADEMDD | USD P Inr C @75.0000 Eo | — | — | 01/08/2026 | 10,022,000.00 | 182.00 | 0.00 |
| FXB8ADEMDE | USD P Inr C @87.0000 Eo | — | — | 01/08/2026 | -6,427,000.00 | -38,614.00 | 0.00 |
| FXB8ADFXED | USD P Inr C @75.0000 Eo | — | — | 01/08/2026 | 2,825,000.00 | 51.00 | 0.00 |
| FXB8AE2DW0 | USD C Cnh P @7.250000 Eo | — | — | 09/24/2025 | -20,816,000.00 | -33,257.00 | 0.00 |
| FXB8AE2DW1 | USD P Cnh C @7.000000 Eo | — | — | 09/24/2025 | 20,816,000.00 | 10,514.00 | 0.00 |
| FXB8AE2DW2 | USD C Cnh P @7.950000 Eo | — | — | 09/24/2025 | 20,816,000.00 | 151.00 | 0.00 |
| FXB8AE5AJV | USD C Try P @90.00000 Eo | — | — | 08/15/2025 | 872,000.00 | 196.00 | 0.00 |
| FXB8AE5AJW | USD C Try P @42.70000 Eo | — | — | 08/15/2025 | -872,000.00 | -2,551.00 | 0.00 |
| FXB8AE5M71 | EUR C Try P @50.00000 Eo | — | — | 08/14/2025 | -3,024,000.00 | -8,716.00 | 0.00 |
| FXB8AE5M7D | EUR C Try P @99.00000 Eo | — | — | 08/14/2025 | 3,024,000.00 | 264.00 | 0.00 |
| FXB8AE5NLL | USD C Cnh P @7.250000 Eo | — | — | 09/24/2025 | 20,816,000.00 | 33,257.00 | 0.00 |
| FXB8AE5NLM | USD P Cnh C @7.000000 Eo | — | — | 09/24/2025 | -20,816,000.00 | -10,514.00 | 0.00 |
| FXB8AE62TF | USD C Krw P @1400.00 Eo | — | — | 08/20/2025 | -1,741,000.00 | -11,313.00 | 0.00 |
| FXB8AE62TG | USD C Krw P @1550.00 Eo | — | — | 08/20/2025 | 1,741,000.00 | 9.00 | 0.00 |
| FXB8AE63BQ | EUR P Jpy C @172.0000 Eo | — | — | 08/21/2025 | -2,232,000.00 | -18,505.00 | 0.00 |
| FXB8AE63BR | EUR P Jpy C @150.0000 Eo | — | — | 08/21/2025 | 2,232,000.00 | 8.00 | 0.00 |
| FXB8AE656Z | USD P Jpy C @130.0000 Eo | — | — | 08/21/2025 | 2,612,000.00 | 11.00 | 0.00 |
| FXB8AE6570 | USD P Jpy C @148.0000 Eo | — | — | 08/21/2025 | -2,612,000.00 | -9,177.00 | 0.00 |
| FXB8AE6AD1 | EUR C Pln P @4.250000 Eo | — | — | 08/21/2025 | -1,500,000.00 | -14,992.00 | 0.00 |
| FXB8AE6AD2 | EUR C Pln P @4.600000 Eo | — | — | 08/21/2025 | 1,500,000.00 | 56.00 | 0.00 |
| FXB8AE6C0Y | EUR C Try P @99.00000 Eo | — | — | 08/21/2025 | 5,249,000.00 | 2,328.00 | 0.00 |
| FXB8AE6C3P | EUR C Try P @50.50000 Eo | — | — | 08/21/2025 | -5,249,000.00 | -26,927.00 | 0.00 |
| FXB8AE6LFQ | USD C Cop P @4150.00 Eo | — | — | 08/21/2025 | -1,238,000.00 | -23,145.00 | 0.00 |
| FXB8AE6LFR | USD C Cop P @5000.00 Eo | — | — | 08/21/2025 | 1,238,000.00 | 54.00 | 0.00 |
| FXB8AE6YJJ | EUR C Try P @50.50000 Eo | — | — | 08/26/2025 | -1,513,000.00 | -9,361.00 | 0.00 |
| FXB8AE6YJK | EUR C Try P @99.00000 Eo | — | — | 08/26/2025 | 1,513,000.00 | 694.00 | 0.00 |
| FXB8AE6YPZ | USD C Brl P @6.800000 Eo | — | — | 08/26/2025 | 1,062,000.00 | 85.00 | 0.00 |
| FXB8AE6YQ0 | USD C Brl P @5.690000 Eo | — | — | 08/26/2025 | -1,062,000.00 | -10,437.00 | 0.00 |
| FXB8AE7748 | USD C Try P @42.50000 Eo | — | — | 08/27/2025 | -888,000.00 | -5,854.00 | 0.00 |
| FXB8AE7749 | USD C Try P @99.00000 Eo | — | — | 08/27/2025 | 888,000.00 | 415.00 | 0.00 |
| FXB8AE7EBD | USD P Zar C @17.70000 Eo | — | — | 08/27/2025 | -1,067,000.00 | -2,547.00 | 0.00 |
| FXB8AE7EBE | USD P Zar C @16.00000 Eo | — | — | 08/27/2025 | 1,067,000.00 | 3.00 | 0.00 |
| FXB8AE7LR7 | USD C Mxn P @22.00000 Eo | — | — | 08/27/2025 | 1,055,000.00 | 65.00 | 0.00 |
| FXB8AE7LR8 | USD C Mxn P @19.20000 Eo | — | — | 08/27/2025 | -1,055,000.00 | -4,631.00 | 0.00 |
| FXB8AE7LV8 | USD C Try P @99.00000 Eo | — | — | 08/28/2025 | 1,776,000.00 | 920.00 | 0.00 |
| FXB8AE7LV9 | USD C Try P @42.60000 Eo | — | — | 08/28/2025 | -1,776,000.00 | -11,967.00 | 0.00 |
| FXB8AE7MGS | USD C Twd P @33.00 Eo | — | — | 08/27/2025 | 1,776,000.00 | 55.00 | 0.00 |
| FXB8AE7MGT | USD C Twd P @30.00 Eo | — | — | 08/27/2025 | -1,776,000.00 | -12,195.00 | 0.00 |
| FF5D5UP7U3 | Php/usd Fwd 20250917 Msnyus33 | PHP | — | 09/17/2025 | 63,428,480.00 | -24,070.00 | 0.00 |
| FXB8AE3MN9 | USD C Brl P @6.500000 Eo | — | — | 08/05/2025 | 1,748,000.00 | 0.00 | 0.00 |
| FXB8AE3MNA | USD C Brl P @5.550000 Eo | — | — | 08/05/2025 | -1,748,000.00 | -20,452.00 | 0.00 |
| FXB8AE4H2W | USD P Brl C @5.450000 Eo | — | — | 08/07/2025 | -869,000.00 | -205.00 | 0.00 |
| FXB8AE4H2X | USD P Brl C @4.900000 Eo | — | — | 08/07/2025 | 869,000.00 | 0.00 | 0.00 |
| FXB8AE4QS8 | USD C Try P @80.00000 Eo | — | — | 08/08/2025 | 1,744,000.00 | 169.00 | 0.00 |
| FXB8AE53WA | USD C Jpy P @170.0000 Eo | — | — | 08/14/2025 | 1,741,000.00 | 0.00 | 0.00 |
| FXB8AE2LKU | USD C Krw P @1750.00 Eo | — | — | 09/25/2025 | 4,867,000.00 | 7.00 | 0.00 |
| FXB8AE2LKV | USD P Krw C @1331.00 Eo | — | — | 09/25/2025 | 4,867,000.00 | 9,658.00 | 0.00 |
| FXB8AE2TVG | USD P Twd C @21.00 Eo | — | — | 08/27/2025 | 1,742,000.00 | 1.00 | 0.00 |
| FXB8AE2TVH | USD P Twd C @27.70 Eo | — | — | 08/27/2025 | -871,000.00 | -257.00 | 0.00 |
| FXB8AE30W4 | USD P Twd C @21.00 Eo | — | — | 08/27/2025 | 1,742,000.00 | 1.00 | 0.00 |
| FXB8AE30W5 | USD P Twd C @27.70 Eo | — | — | 08/27/2025 | -871,000.00 | -257.00 | 0.00 |
| FXB8AE3LBR | USD P Twd C @24.00 Eo | — | — | 08/05/2025 | 874,000.00 | 0.00 | 0.00 |
| FXB8AE3LBS | USD P Twd C @28.00 Eo | — | — | 08/05/2025 | -874,000.00 | -2.00 | 0.00 |
| FXB8AE3M5Q | USD C Try P @80.00000 Eo | — | — | 08/01/2025 | 874,000.00 | 0.00 | 0.00 |
| FXB8AE3MA7 | EUR P Usd C @1.050000 Eo | — | — | 08/05/2025 | 4,445,000.00 | 0.00 | 0.00 |
| JEBTIPE3FN | Zar/usd Fwd 20250917 5 | ZAR | — | 09/17/2025 | -21,514,617.00 | 10,924.00 | 0.00 |
| JLIBR0E7O8 | Idr/usd Fwd 20250917 Deutgb22 | IDR | — | 09/17/2025 | -44,040,173,100.00 | 23,877.00 | 0.00 |
| JYTU5 COMD | 30Y Umbs Tba 5.5 Sep25 | JYTU5 | — | 09/08/2025 | 5,469,063.00 | 794.00 | 0.00 |
| IGUOO1RTDK | Eur/usd Fwd 20251022 Bnpafrpp | EUR | — | 10/22/2025 | -1,981,318.00 | 38,434.00 | 0.00 |
| P3IF6RNLKE | Huf/usd Fwd 20251022 Barcus33 | HUF | — | 10/22/2025 | 236,282,614.00 | -13,835.00 | 0.00 |
| MPKRGCDJM1 | Php/usd Fwd 20250917 Citius33 | PHP | — | 09/17/2025 | 63,567,480.00 | -21,686.00 | 0.00 |
| N3BHVG2DF4 | Nzd/usd Fwd 20251022 Barcus33 | NZD | — | 10/22/2025 | -743,908.00 | 5,920.00 | 0.00 |
| ISP7LGLSVU | Eur/usd Fwd 20251022 2568 | EUR | — | 10/22/2025 | -404,023.00 | 13,852.00 | 0.00 |
| L1JHQLEEHQ | Idr/usd Fwd 20250917 955 | IDR | — | 09/17/2025 | -20,455,812,000.00 | 13,221.00 | 0.00 |
| L5217E120 | Intelsat Emergence Sa | — | — | — | 34,637.00 | 3.00 | 0.00 |
| L54T2TK5BE | Jpy/usd Fwd 20251022 Mslngb2x | JPY | — | 10/22/2025 | 618,136,596.00 | -57,303.00 | 0.00 |
| SWB8A5Z4GX | Swp:ois 1.200000 08-may-2034 | — | — | 05/08/2034 | -155,000.00 | 41,753.00 | 0.00 |
| SWB8A9BSFK | Simon Property Group Lp Cds 20260620 | — | 1.0 | 06/20/2026 | 3,820,000.00 | 31,889.00 | 0.00 |
| SWB8A9BXVF | Verizon Communications Inc Cds 20260620 | — | 1.0 | 06/20/2026 | 5,130,000.00 | 39,238.00 | 0.00 |
| P77RJR69BP | Pen/usd Fwd 20250917 Bnpafrpp | PEN | — | 09/17/2025 | 4,092,717.00 | -10,927.00 | 0.00 |
| Q7EPA6CIK3 | Idr/usd Fwd 20250917 Barcus33 | IDR | — | 09/17/2025 | -30,696,854,760.00 | 19,037.00 | 0.00 |
| QHJTQVHDIK | Pln/usd Fwd 20251022 Barcus33 | PLN | — | 10/22/2025 | 2,337,423.00 | -17,235.00 | 0.00 |
| RHQA3HAAJB | Inr/usd Fwd 20250829 Midlgb22 | INR | — | 08/29/2025 | 276,650,215.00 | -57,239.00 | 0.00 |
| RO3DECTC9V | Idr/usd Fwd 20250917 Citius33 | IDR | — | 09/17/2025 | 5,875,072,500.00 | 534.00 | 0.00 |
| RXU5 COMDT | Euro-bund Future Sep25 | RXU5 | — | 09/08/2025 | -6,364,587.00 | 53,701.00 | 0.00 |
| SB31ONQNTV | Pen/usd Fwd 20250917 Citius33 | PEN | — | 09/17/2025 | 14,603,569.00 | -25,554.00 | 0.00 |
| SFRM5 COMD | 3 MOnth Sofr Fut Jun25 | SFRM5 | — | 09/16/2025 | 65,511,688.00 | -41,551.00 | 0.00 |
| SMVGEAFO5Q | Inr/usd Fwd 20250917 00187 | INR | — | 09/17/2025 | -390,123,140.00 | 32,755.00 | 0.00 |
| SWB8ACMV5H | SWP: Ois Gbp 3.950000 08-may-2030_c | — | — | 05/08/2030 | -4,335,000.00 | -55,737.00 | 0.00 |
| SWB8ACX1VG | CDS: (gs_24-pc-a Jul 24) | — | 1.65 | 08/02/2027 | 5,169,882.00 | 13,428.00 | 0.00 |
| SWB8ACYEX4 | SWP: Ois Sofr 4.395000 19-aug-2025 | — | — | 08/19/2025 | 21,390,000.00 | -1,495.00 | 0.00 |
| SWB8AD3GPB | Morgan Stanley Cds 20251220 | — | 1.0 | 12/20/2025 | 1,300,000.00 | 5,409.00 | 0.00 |
| SWB8AD3GPH | Citigroup Inc Cds 20251220 | — | 1.0 | 12/20/2025 | 1,300,000.00 | 5,312.00 | 0.00 |
| SWB8AD3GPM | BANK Of America Corp Cds 20251220 | — | 1.0 | 12/20/2025 | 1,300,000.00 | 5,426.00 | 0.00 |
| SWB8AD4RC0 | Lincoln National Corporation Cds 2029122 | — | 1.0 | 12/20/2029 | 2,260,000.00 | 2,592.00 | 0.00 |
| SWB8ADBQBM | Norway Kingdom Of (government) Cds 20251 | — | — | 12/20/2025 | 2,810,000.00 | -428.00 | 0.00 |
| SWB8A9T2SV | Halliburton Company Cds 20261220 | — | 1.0 | 12/20/2026 | 2,770,000.00 | 29,787.00 | 0.00 |
| SWB8ABB7K4 | Italy (republic Of) Cds 20271220 | — | 1.0 | 12/20/2027 | -1,475,000.00 | -39,431.00 | 0.00 |
| SWB8ABUSVQ | SWP: Ois Sofr 4.805090 31-aug-2025 | — | — | 08/31/2025 | -62,470,000.00 | -13,201.00 | 0.00 |
| SWB8ACMF99 | Murphy Oil Corporation Cds 20290620 | — | 1.0 | 06/20/2029 | -920,000.00 | 12,235.00 | 0.00 |
| SWB8ADD5V2 | Petroleos Mexicanos Cds 20251224 | — | 3.75 | 12/24/2025 | 775,434.00 | 6,205.00 | 0.00 |
| SWB8ADLSJ2 | Scds: (argent) 5.00000 Sep 20, 2025 | — | 5.0 | 09/20/2025 | 1,168,000.00 | 2,240.00 | 0.00 |
| SWB8ADPMK7 | Trswap: Trsbench20 Index 09/19/2025 Gsis | — | — | 09/19/2025 | -55,225.00 | -37,770.00 | 0.00 |
| SWB8ADPW5S | Scds: (bmo) | — | 1.25 | 11/20/2029 | 335,000.00 | -458.00 | 0.00 |
| SWB8ADPW5V | Scds: (cm) | — | 1.1 | 06/20/2028 | 265,000.00 | 1,060.00 | 0.00 |
| SWB8ADQ1J2 | Scds: (softbk) | — | 1.0 | 06/22/2026 | 990,000.00 | 939.00 | 0.00 |
| SWB8ADJCRS | Scds: (paclif) | — | 2.5 | 08/20/2035 | 400,000.00 | -2,956.00 | 0.00 |
| SWB8ADKUTC | Scds: (argent) | — | 5.0 | 09/20/2025 | 1,430,000.00 | 2,743.00 | 0.00 |
| SWB8ADG4K3 | Scds: (pemex) 4.10000 Mar 23, 2026 | — | 4.1 | 03/23/2026 | 2,760,000.00 | 34,484.00 | 0.00 |
| SWB8ADGPJ3 | Scds: (greece) 1.00000 20 Dec, 2027 | — | 1.0 | 12/20/2027 | 210,000.00 | 4,022.00 | 0.00 |
| SWB8ADGPJR | Scds: (greece) 1.00000 20 Jun, 2027 | — | 1.0 | 06/20/2027 | 280,000.00 | 4,602.00 | 0.00 |
| SWB8ADJ71C | Scds: (pemex) 4.75.00000 07 May, 2026 | — | 4.75 | 05/07/2026 | 1,564,000.00 | 35,056.00 | 0.00 |
| SWB8ADQ7XF | Scds: (peru) | — | 1.0 | 06/20/2030 | -3,000,000.00 | -34,547.00 | 0.00 |
| SWB8ADQ7XM | Scds: (philip) | — | 1.0 | 06/20/2030 | -3,000,000.00 | -57,770.00 | 0.00 |
| SWB8ADQ7XT | Scds: (oman) | — | 1.0 | 06/20/2030 | -2,000,000.00 | -22,331.00 | 0.00 |
| SWB8ADQ7XX | Scds: (mex) | — | 1.0 | 06/20/2030 | -9,000,000.00 | 24,815.00 | 0.00 |
| SWB8ADQ7WM | Scds: (moroc) | — | 1.0 | 06/20/2030 | -2,000,000.00 | -22,430.00 | 0.00 |
| SWB8ADQ7W0 | Scds: (domrep) | — | 1.0 | 06/20/2030 | -2,000,000.00 | 56,684.00 | 0.00 |
| SWB8AE3GRR | Scds: (panama) | — | 1.0 | 06/20/2028 | -1,240,000.00 | 6,134.00 | 0.00 |
| SWB8AE3GS3 | Scds: (panama) | — | 1.0 | 06/20/2028 | 1,240,000.00 | -6,134.00 | 0.00 |
| SWB8ADQQNQ | 10Y Rtr 3.207500 25-sep-2025 | — | — | 09/25/2025 | -3,370,000.00 | -1,763.00 | 0.00 |
| SWB8ADQQR4 | 10Y Rtr 3.532500 25-sep-2025 | — | — | 09/25/2025 | 1,685,000.00 | 4,653.00 | 0.00 |
| SWB8ADV1SG | 10Y Rtr 0.400000 25-sep-2025 | — | — | 09/25/2025 | 1,685,000.00 | 0.00 | 0.00 |
| SWB8ADXF40 | Scds: (unh) | — | 1.0 | 06/22/2026 | 580,000.00 | 4,585.00 | 0.00 |
| UT0DUI9LE7 | Mxn/usd Fwd 20250917 Deutgb22 | MXN | — | 09/17/2025 | -47,062,682.00 | -45,398.00 | 0.00 |
| UGH9C1OUNB | Thb/usd Fwd 20250917 221 | THB | — | 09/17/2025 | 31,329,630.00 | 3,409.00 | 0.00 |
| TOD9USBOQM | Brl/usd Fwd 20250903 5 | BRL | — | 09/03/2025 | 47,236,331.00 | -32,461.00 | 0.00 |
| TUU5 COMDT | US 2yr Note (cbt) Sep25 | TUU5 | — | 09/30/2025 | 114,669,344.00 | -150,515.00 | -0.01 |
| SWB8ADQ7X0 | Scds: (chile) | — | 1.0 | 06/20/2030 | -6,000,000.00 | -125,984.00 | -0.01 |
| SWZ96ZAV0E | ICE: (cdx.na.ig.44.v1) | — | 1.0 | 06/20/2030 | -6,770,000.00 | -148,103.00 | -0.01 |
| TLFFEUA51B | Inr/usd Fwd 20250917 221 | INR | — | 09/17/2025 | 682,911,287.00 | -168,209.00 | -0.01 |
| SWB8ADQ7X9 | Scds: (indon) | — | 1.0 | 06/20/2030 | -8,000,000.00 | -107,549.00 | -0.01 |
| SWB8ADQ7WR | Scds: (ksa) | — | 1.0 | 06/20/2030 | -5,000,000.00 | -93,720.00 | -0.01 |
| SWB8ADQ7WU | Scds: (malays) | — | 1.0 | 06/20/2030 | -3,000,000.00 | -81,818.00 | -0.01 |
| SWB8ADQ7VA | Scds: (adgb) | — | 1.0 | 06/20/2030 | -2,000,000.00 | -65,496.00 | -0.01 |
| SWB8ABWYG5 | SWP: Ois Sofr 4.699000 25-sep-2026 | — | — | 09/25/2026 | -11,000,000.00 | -83,037.00 | -0.01 |
| Q0AVOTNDI2 | Idr/usd Fwd 20250917 Midlgb22 | IDR | — | 09/17/2025 | 199,003,901,760.00 | -149,281.00 | -0.01 |
| SWB8ACMF4E | ADT Security Corp Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -145,384.00 | -0.01 |
| SWB8ACMF4L | Antero Resources Corp Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -148,955.00 | -0.01 |
| SWB8ACMF4S | Standard Building Solutions Inc Cds 2029 | — | 5.0 | 06/20/2029 | -920,000.00 | -151,265.00 | -0.01 |
| SWB8ACMF4Z | Bombardier Inc Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -133,152.00 | -0.01 |
| SWB8ACMF67 | Chesapeake Energy Corporation Cds 202906 | — | 5.0 | 06/20/2029 | -920,000.00 | -148,989.00 | -0.01 |
| SWB8ACMF6A | EQM Midstream Partners Lp Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -152,263.00 | -0.01 |
| SWB8ACMF6K | Caesars Entertainment Inc (delaware) Cds | — | 5.0 | 06/20/2029 | -920,000.00 | -102,102.00 | -0.01 |
| SWB8ACMF6N | GFL Environmental Inc Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -152,656.00 | -0.01 |
| SWB8ACMF6R | HUB International Ltd Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -147,181.00 | -0.01 |
| SWB8ACMF6X | Hilton Domestic Operating Company Inc Cd | — | 5.0 | 06/20/2029 | -920,000.00 | -149,174.00 | -0.01 |
| SWB8ACMF73 | Genworth Holdings Inc Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -137,707.00 | -0.01 |
| SWB8ACMF76 | Cleveland-cliffs Inc Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -81,560.00 | -0.01 |
| SWB8ACMF7C | Weatherford International Ltd Cds 202906 | — | 5.0 | 06/20/2029 | -920,000.00 | -136,618.00 | -0.01 |
| SWB8ACMF7K | Venture Global Lng Inc Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -110,933.00 | -0.01 |
| SWB8ACMF7N | UBER Technologies Inc Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -158,596.00 | -0.01 |
| SWB8ACMF7V | Tenet Healthcare Corporation Cds 2029062 | — | 5.0 | 06/20/2029 | -920,000.00 | -137,064.00 | -0.01 |
| SWB8ACMF81 | United Rentals (north America) Inc Cds 2 | — | 5.0 | 06/20/2029 | -920,000.00 | -152,302.00 | -0.01 |
| SWB8ACMF84 | Safeway Inc Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -155,594.00 | -0.01 |
| SWB8ACMF87 | POST Holdings Inc Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -136,915.00 | -0.01 |
| SWB8ACMF8A | Frontier Communications Holdings Llc Cds | — | 5.0 | 06/20/2029 | -920,000.00 | -156,716.00 | -0.01 |
| SWB8ACMF8D | PG&E Corporation Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -109,262.00 | -0.01 |
| SWB8ACMF8G | Louisiana Pacific Corp Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -153,759.00 | -0.01 |
| SWB8ACMF8K | Organon & Co Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -80,156.00 | -0.01 |
| SWB8ACMF8N | Medline Borrower Lp Cds 20290620 | — | 5.0 | 06/20/2029 | -920,000.00 | -148,656.00 | -0.01 |
| KH8H1UAJRB | Brl/usd Fwd 20250804 5 | BRL | — | 08/04/2025 | 27,771,853.00 | -87,814.00 | -0.01 |
| FXB8AE3MA8 | EUR P Usd C @1.170000 Eo | — | — | 08/05/2025 | -4,445,000.00 | -120,480.00 | -0.01 |
| FXB8AE53WB | USD C Jpy P @145.0000 Eo | — | — | 08/14/2025 | -1,741,000.00 | -64,321.00 | -0.01 |
| FXB8AE2LKT | USD C Krw P @1385.00 Eo | — | — | 09/25/2025 | -4,867,000.00 | -79,689.00 | -0.01 |
| CCGJO09O6L | Zar/usd Fwd 20250917 Barcus33 | ZAR | — | 09/17/2025 | 54,152,687.00 | -74,751.00 | -0.01 |
| AVKR2MH70K | Twd/usd Fwd 20250917 Mslngb2x | TWD | — | 09/17/2025 | 60,883,256.00 | -64,023.00 | -0.01 |
| BKAD44DA6R | Eur/usd Fwd 20250806 Citius33 | EUR | — | 08/06/2025 | 5,057,800.00 | -92,758.00 | -0.01 |
| 94N35HPPKO | Krw/usd Fwd 20250917 Scseus31 | KRW | — | 09/17/2025 | 7,808,738,240.00 | -131,668.00 | -0.01 |
| 65MR6A510A | Php/usd Fwd 20250917 Midlgb22 | PHP | — | 09/17/2025 | 395,080,333.00 | -205,904.00 | -0.02 |
| SWB8ACMZRB | SWP: Ois Sofr 4.669000 17-may-2026 | — | — | 05/17/2026 | -67,775,000.00 | -250,165.00 | -0.02 |
| SWB8ADCX6N | SWP: Ois Sofr 3.994870 20-dec-2044_c | — | — | 12/20/2044 | 20,855,000.00 | -277,115.00 | -0.02 |
| SWB8ADFE25 | SWP: Ois Sofr 4.129500 15-jan-2055_c | — | — | 01/15/2055 | -21,200,000.00 | -304,812.00 | -0.02 |
| SWB8ADKZE7 | Trswap: Tbond 3.375 15-nov-48 08/21/2025 | — | — | 08/21/2025 | 17,370,000.00 | -294,408.00 | -0.02 |
| SWB8ADQ7WX | Scds: (china) | — | 1.0 | 06/20/2030 | -9,000,000.00 | -246,624.00 | -0.02 |
| SWB8ACMDF1 | SWP: Ois Sofr 4.253000 13-may-2029 | — | — | 05/13/2029 | -15,700,000.00 | -372,194.00 | -0.03 |
| SWB8ADZZ6J | Trswap: Iboxig Index 12/22/2025 Bnpsw_r | — | — | 12/22/2025 | -60,774.00 | -473,947.00 | -0.04 |
| 21H040681 | Ginnie Mae | G2SF | 4.0 | 08/15/2055 | -500,000.00 | -460,387.00 | -0.04 |
| IHBU5 INDE | IBIG Iboxx Ishr Sep25 | IHBU5 | — | 09/02/2025 | -37,418,040.00 | -735,870.00 | -0.06 |
| WNU5 COMDT | US Ultra Bond Cbt Sep25 | WNU5 | — | 09/19/2025 | -68,275,875.00 | -1,252,567.00 | -0.10 |
| SWB8ADQ7Y0 | CDS: (cdx.em.43.v1) | — | 1.0 | 06/20/2030 | 100,000,000.00 | -2,190,400.00 | -0.18 |
| 01F040693 | Fannie Mae Or Freddie Mac | FNCL | 4.0 | 09/01/2055 | -5,500,000.00 | -5,070,194.00 | -0.41 |
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.
Gregory Peters, Robert Tipp, Richard Piccirillo, Matthew Angelucci and Tyler Thorn of PGIM Fixed Income are primarily responsible for management of the PGIM Strategic Bond Fund.
Gregory Peters
Managing Director and Co-Chief Investment Officer of PGIM Fixed Income
Gregory Peters is a Managing Director and Co-Chief Investment Officer of PGIM Fixed Income.
Robert Tipp, CFA
Managing Director, Chief Investment Strategist, and Head of Global Bonds at PGIM Fixed Income
Robert Tipp, CFA, is a Managing Director, Chief Investment Strategist, and Head of Global Bonds at PGIM Fixed Income.
Richard Piccirillo
Managing Director and Co-head on PGIM Fixed Income's Multi-Sector Team
Richard Piccirillo is a Managing Director and one of the co-heads on the Multi-Sector Team at PGIM Fixed Income.
Matthew Angelucci, CFA
Principal and Portfolio Manager on the Multi-Sector Team at PGIM Fixed Income
|PGIM Fixed Income
Matthew Angelucci, CFA, is a Principal and portfolio manager on the Multi-Sector Team at PGIM Fixed Income.
Tyler Thorn
Principal and Portfolio Manager for PGIM Fixed Income's Multi-Sector Team
|PGIM Fixed Income
Tyler Thorn is a Principal and a portfolio manager on the Multi-Sector Team at PGIM Fixed Income.
Average Maturity is the average time to maturity for a bond. Credit quality is calculated using the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s, S&P, or Fitch. The Not Rated category consists of securities that have not been rated by an NRSRO. Duration measures investment risk that takes into account both a bond's interest payments and its value to maturity. 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 US Aggregate Bond Index, which covers the USD-denominated, investment-grade, fixed-rate or step up, taxable bond market of SEC-registered securities and includes bonds from Treasury, Government- Related, Corporate, MBS (agency fixed-rate & hybrid ARM passthroughs), ABS, & CMBS sectors. Securities included in the index must have at least 1 year until final maturity & be rated investment-grade (Baa3/ BBB-/BBB-) or better using middle rating of Moody’s, S&P, & Fitch. All indexes and averages are unmanaged. 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 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.
4364916 Ed. 04/2025
Fund Literature
Displaying - of
| document name | audience | updated | order code |
|---|
