PGIM High Yield Fund (PHYZX)
$
)
Barron’s Best Fund Families: Ranked #4 for best fund family over the 1-year period ended 12/31/2024, among 48 qualifying fund families based on asset- weighted returns.
MorningStar Rankings
Source: Morningstar. All rights reserved. Used with permission. Class Z shares inception: 3/14/2012. Morningstar rankings are based on total return, do not include the effects of sales charges, and are calculated against all funds in the Morningstar Global Large-Stock Growth category.
Past performance does not guarantee future results.
Seeks to maximize current income by investing primarily in high-yield bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. Capital growth is a secondary goal. The Fund may be appropriate for investors willing to take on higher risk to achieve higher current income and potential capital appreciation.
Growth of $10,000
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. This chart represents historical performance and does not assume the effects of sales charges or varying fees and expenses of other share classes. If shown with sales charges or these other fees and expenses, performance could have been lower. It is not possible to invest directly in an index. Click here to view benchmark index definitions.
FUND INFORMATION
Fund StatisticS
|
Name
|
Weight
|
|---|---|
| Average Maturity (years) | 5.20 |
| Duration (years) | 3.00 |
| Standard Deviation (3 year) | 5.10 |
Source: Morningstar. The Morningstar Rating may be calculated based on its share class adjusted historical returns. If so, the fund’s independent Morningstar Rating metric uses its oldest class to determine its hypothetical rating for certain periods. The Fund’s Overall, 3-, 5-, and 10-year Star Ratings/Fund are, if applicable: 4/586.0, 3/586.0, 3/547.0 and 4/439.0, respectively. Morningstar Ratings are calculated for managed products with a 3-year minimum history. Comparatively, exchange-traded funds and open-ended mutual funds are considered a single population. Rating is calculated based on a Morningstar Risk-Adjusted Return measure accounting for variation in a managed product's monthly excess performance that emphasizes downward variations more and rewards consistency, with no sales load adjustment. In each category, the top 10% receive 5 stars, with 4 stars for the next 22.5%, 3 stars for the next 35%, 2 stars for the next 22.5%, and 1 star for the bottom 10%. Overall Morningstar Rating is derived from a weighted average of the performance associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics: for 36-59 months of total returns, 100% 3-year rating, for 60-119 months of total returns, 60% 5-year rating/40% 3-year rating, and for 120 or more months of total returns, 50% 10-year rating/30% 5-year rating/20% 3-year rating. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating period
PGIM High Yield Fund (Class Z) Lipper total return ranking for the 1-, 3-, 5-, and 10-year periods as of 12/31/2024 for the High Yield Funds category were: 137/494, 224/447, 163/419, and 25/315, respectively. Lipper Funds category rankings are based on total return, do not take sales charges into account, and are calculated against all funds in each fund’s respective Lipper category.
Class Z Lipper total return ranking for the 1-, 3-, 5-, and 10-year periods as of 9/30/2025: 90/481, 127/455, 136/416, and 36/321, respectively. Past Performance is no guarantee of future results.
The Morningstar Medalist RatingTM is the summary expression of Morningstar’s forward-looking investment strategies analysis offered via specific vehicles on a Gold, Silver, Bronze, Neutral, and Negative scale. These ratings indicate the investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk-adjusted basis over time. Investments are evaluated on 3 pillars (People, Parent, and Process) which, when coupled with a fee assessment, form the basis for Morningstar’s conviction in those product’s investment merits and determine the assigned rating. Pillar ratings are Low, Below Average, Average, Above Average, and High, and are evaluated qualitatively (either directly to a covered vehicle or indirectly when a covered vehicle’s ratings are mapped to a related uncovered vehicle) or using algorithmic techniques. Vehicles are sorted by expected performance into rating groups defined by their Morningstar Category and active or passive status. Analysts who directly cover a vehicle assign the 3 pillar ratings based on their qualitative assessment, subject to Analyst Rating Committee oversight, and monitor and reevaluate them at least every 14 months. Vehicle ratings are assigned monthly when covered either indirectly by analysts or by algorithm. For more information, please visit www.global.morningstar.com/managerdisclosures/. Ratings are not statements of fact, nor are they credit or risk ratings. The Morningstar Medalist Rating (i) should not be used as the sole basis in evaluating an investment product, (ii) involves unknown risks and uncertainties which may cause expectations not to occur or to differ significantly from what was expected, (iii) are not guaranteed to be based on complete or accurate assumptions or models when determined algorithmically, (iv) involve the risk that the return target will not be met due to issues like unforeseen changes in management, technology, economic development, interest rate development, operating and/or material costs, competitive pressure, supervisory law, exchange rate, tax rates, exchange rate changes, and/or changes in political and social conditions, and (v) should not be considered an offer or solicitation to buy or sell the investment. Changes in underlying factors can mean the rating is subsequently no longer accurate. ‡Source: Morningstar.
Risks of investing in the fund include but are not limited to the following: Fixed Income investments are subject to credit, market, prepayment and interest rate risks, and their value will decline as interest rates rise. High yield (“junk”) bonds are subject to greater credit and market risks. Investments in currency may result in a decline in the fund’s net asset value due to changes in exchange rates. Foreign securities are subject to currency fluctuations and political uncertainty. Derivatives may carry market, credit and liquidity risks. There is no guarantee the Fund's objective will be achieved. Risks are more fully explained in the fund's prospectus.
- Monthly & Quarterly Performance
- Prices & Yields
Total Returns (%)
| TOTAL RETURNS (%) WITH SALES CHARGE WITHOUT SALES CHARGE | |||||||
|---|---|---|---|---|---|---|---|
| Cumulative | Average Annual | ||||||
| Class | Ticker | YTD | 1-Yr | 3-Yr | 5-Yr | 10-Yr | Since Inception |
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.
See Daily Returns for the PGIM High Yield Fund.
See Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM High Yield Fund.
See Daily Returns for the PGIM High Yield Fund.
See Quarterly SEC Standardized Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM High Yield Fund.
|
Fund Expenses
|
Maximum Sales Charge (%)
|
|||
|---|---|---|---|---|
|
Class
|
Gross (%)
|
Net (%)
|
Date*
|
|
| A | 0.74 | 0.74 | — | 3.25 |
| C | 1.47 | 1.47 | — | 1.00 |
| R | 1.30 | 1.05 | 12/31/2025 | — |
| R2 | 0.94 | 0.91 | 12/31/2025 | — |
| R4 | 0.67 | 0.66 | 12/31/2025 | — |
| R6 | 0.38 | 0.38 | — | — |
| Z | 0.51 | 0.51 | — | — |
*This date represents the contractual reduction date through which the net expense ratio is in effect.
Total return describes the return to the investor after net operating expenses but before any sales charges are imposed. Morningstar Category Average is unmanaged, is based on the average return of all funds in this category, and does not take into consideration applicable sales charges. Unless noted otherwise, Morningstar Category Average and index returns reflect performance beginning the closest month-end date to the Fund's inception. Benchmark since inception average is based on Class Z inception date. SEC standardized return describes the return to the investor after net operating expense and maximum sales charges are imposed. All returns assume share price changes as well as the compounding effect of reinvested dividends and capital gains. Returns may reflect fee waivers and/or expense reimbursements. Without such, returns would be lower. All returns 1-year or less are cumulative.
Morningstar Bank Loan Category Average: Bank-loan portfolios primarily invest in floating-rate bank loans and floating-rate below investment- grade securities instead of bonds. In exchange for their credit risk, these loans offer high interest payments that typically float above a common short-term benchmarks such as Libor or SOFR.
Bloomberg U.S. Corporate High Yield 1% Issuer Capped Index is an issuer-constrained version of the Bloomberg U.S. Corporate High Yield Index that covers the U.S. dollar denominated, non-investment grade, fixed-rate, taxable corporate bond market. It follows the same construction rules as the uncapped index, but limits issuer exposure to a maximum 1% and redistributes the excess market value index-wide on a pro-rata basis.
An investment cannot be made directly in an index or average. All indexes and averages are unmanaged.
Prices
|
Class
|
NAV ($)
|
NAV Change ($)
|
NAV Change (%)
|
POP ($)
|
Total Net Assets ($)
|
|---|---|---|---|---|---|
| A | 4.87 | -0.01 | -0.20 | 5.03 | 1,440,069,452.99 |
| C | 4.86 | -0.01 | -0.21 | — | 187,728,047.86 |
| R | 4.87 | -0.01 | -0.20 | — | 73,801,622.12 |
| R2 | 4.87 | -0.01 | -0.20 | — | 25,737,523.19 |
| R4 | 4.87 | -0.01 | -0.20 | — | 37,277,747.46 |
| R6 | 4.87 | -0.01 | -0.20 | — | 10,189,301,890.91 |
| Z | 4.88 | -0.01 | -0.20 | — | 8,613,610,405.23 |
NAV (Net Asset Value) is the $U.S. value of a single share of a fund, excluding any sales charges. Change shows the change in $U.S. value over the previous day:
= Gain, 
= Loss, 
= No Change.
See Prices of other PGIM Investments Mutual Funds.
52 Week High/Low
|
Class
|
52 Week High ($)
|
52 Week High Date
|
52 Week Low ($)
|
52 Week Low Date
|
|---|---|---|---|---|
| A | 4.91 | 09/17/2025 | 4.63 | 04/11/2025 |
| C | 4.91 | 09/16/2025 | 4.62 | 04/08/2025 |
| R | 4.91 | 09/16/2025 | 4.63 | 04/11/2025 |
| R2 | 4.92 | 09/16/2025 | 4.63 | 04/08/2025 |
| R4 | 4.92 | 09/16/2025 | 4.63 | 04/08/2025 |
| R6 | 4.91 | 09/17/2025 | 4.63 | 04/08/2025 |
| Z | 4.93 | 09/11/2025 | 4.64 | 04/08/2025 |
For share classes less than one year old, the 52-week high and 52-week low NAVs are calculated from inception to the current date.
Yields
| Class | SEC 30-Day Subsidized Yield (%) | SEC 30-Day Unsubsidized Yield (%) | Offer Distb. Yield (%) | NAV Distb. Yield (%) | SEC-30 Day Sub Taxable Equivalent Yield (%) |
|---|---|---|---|---|---|
| A - View Prospectus | 5.67 | 5.67 | 6.22 | 6.43 | — |
| C - View Prospectus | 5.12 | 5.12 | — | 5.68 | — |
| R - View Prospectus | 5.55 | 5.30 | — | 6.12 | — |
| R2 - View Prospectus | 5.69 | 5.65 | — | 6.25 | — |
| R4 - View Prospectus | 5.94 | 5.94 | — | 6.50 | — |
| R6 - View Prospectus | 6.22 | 6.22 | — | 6.78 | — |
| Z - View Prospectus | 6.10 | 6.11 | — | 6.67 | — |
See Yields of other PGIM Investments Mutual Funds.
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.
This material must be preceded or accompanied by a current prospectus or summary prospectus. Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.
- Portfolio Summary
- Complete Holdings
Portfolio Attributes
Largest Industries (vs Benchmark)
|
Industry
|
Fund (% of Assets)
|
Overweight Underweight
|
|---|---|---|
| Telecom | 7.2% | 2.5 |
| Building Materials & Home Construction | 7.0% | 3.1 |
| Health Care & Pharmaceutical | 6.8% | -0.3 |
| Gaming & Lodging & Leisure | 6.5% | 0.0 |
| Energy - Midstream | 5.7% | 0.1 |
| Cable & Satellite | 5.4% | 0.3 |
| Energy - Upstream | 4.7% | -0.5 |
| Consumer Non-Cyclical | 4.6% | -2.6 |
| Retailers & Restaurants | 4.3% | -1.5 |
| Metals | 3.3% | 0.6 |
Credit Quality (% of Assets)
|
Credit Quality
|
% of Assets
|
|---|---|
| AAA | 7.7% |
| A | 0.1% |
| BBB | 6.3% |
| BB | 46.3% |
| B | 22.9% |
| CCC | 11.6% |
| CC | 0.1% |
| C | 0.0% |
| Not Rated | 4.8% |
| Cash/Equiv | 0.1% |
Top 10 Corporate issuers (% of Assets)
|
Top 10 Corporate Holdings
|
% of Assets
|
|---|---|
| Next Alt Sarl | 2.9% |
| Vistra | 1.7% |
| EchoStar | 1.7% |
| Venture Global | 1.6% |
| Lumen Technologies | 1.4% |
| Tenet Healthcare | 1.2% |
| Frontier Communications | 1.2% |
| Volt | 1.2% |
| Ferrellgas LP | 1.1% |
| Davita | 1.1% |
Geographic Concentration (% of Assets)
|
Geographic Concentration
|
% of Assets
|
|---|---|
| United States | 87.7% |
| Canada | 4.9% |
| United Kingdom | 1.6% |
| France | 1.3% |
| Jamaica | 1.1% |
| Switzerland | 0.5% |
| Japan | 0.4% |
| Australia | 0.4% |
| Other | 2.1% |
| Cash/Equiv | 0.1% |
FUND STATISTICS
|
Average Maturity
|
Years
|
|---|---|
| Average Maturity (years) | 5.2 |
| Duration (years) | 3.0 |
| Standard Deviation (3 year) | 5.10 |
All data is unaudited and subject to change. Holdings/allocations may vary. This is not a recommendation to buy or sell any security listed. Total number of holdings based on issuers. Largest holdings exclude cash, cash equivalents, money market funds and enhanced cash strategies. Negative holdings reflect outstanding trades at period end.
Fund Holdings
Holdings are unaudited, may vary and are subject to change. Please refer to the Fund's annual report for audited holdings information. This is not a recommendation to buy or sell any security listed.
Value ($): Cash securities are calculated using market value and derivative securities are calculated using notional value.
Source: Bank of New York Mellon. Holdings are provided to Prudential Financial by the custodian bank and Prudential Financial is not responsible for any errors or omissions related to the holdings data.
© 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved.
Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.
Investment products are distributed by Prudential Investment Management Services LLC (PIMS), 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, Inc., a registered investment advisor. PGIM Limited acts as a subadvisor to all fixed income funds. PGIM Limited is an indirect, wholly-owned subsidiary of PGIM, Inc. (“PGIM”), the principal asset management business of Prudential Financial, Inc. (“PFI”), a company incorporated and with its principal place of business in the United States. All are Prudential Financial affiliates. PGIM is the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates. ©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 | — | 4.23 | 12/01/2099 | 467,119,647.00 | 467,119,647.00 | 2.19 |
| 91282CFZ9 | United States Treasury Note/bond | T | 3.88 | 11/30/2027 | 301,400,000.00 | 303,001,187.00 | 1.42 |
| 91282CNL1 | United States Treasury Note/bond | T | 3.75 | 06/30/2027 | 287,375,000.00 | 287,902,602.00 | 1.35 |
| 25470XAY1 | DISH Dbs Corp | DISH | 7.75 | 07/01/2026 | 175,096,000.00 | 173,825,308.00 | 0.81 |
| 62482BAA0 | Medline Borrower Lp | MEDIND | 3.88 | 04/01/2029 | 172,052,000.00 | 166,029,611.00 | 0.78 |
| BL5159126 | Radiate Holdco Llc | RADIAT | 7.93 | 09/25/2029 | 183,746,429.00 | 147,762,814.00 | 0.69 |
| 91282CMU2 | United States Treasury Note/bond | T | 4.0 | 03/31/2030 | 134,475,000.00 | 136,019,361.00 | 0.64 |
| B8A9598C3 | Ferrellgas Escrow Llc 3/30/31 Preferred | — | 8.96 | 03/30/2031 | 133,666,000.00 | 133,666,000.00 | 0.63 |
| 69344A834 | PGIM Aaa Clo Etf | PAAA | — | — | 2,625,750.00 | 135,226,125.00 | 0.63 |
| G2770C100 | Digicel Intl Fin Ltd Common Equity | — | — | — | 7,820,619.00 | 130,346,256.00 | 0.61 |
| 91282CNC1 | United States Treasury Note/bond | T | 4.25 | 05/15/2035 | 122,650,000.00 | 123,799,843.00 | 0.58 |
| 88033GDR8 | Tenet Healthcare Corp | THC | 4.38 | 01/15/2030 | 127,117,000.00 | 123,667,925.00 | 0.58 |
| 131347CN4 | Calpine Corp | CPN | 5.13 | 03/15/2028 | 123,973,000.00 | 124,006,365.00 | 0.58 |
| 146869AM4 | Carvana Co | CVNA | 9.0 | 06/01/2031 | 107,792,585.00 | 122,087,688.00 | 0.57 |
| 91282CMZ1 | United States Treasury Note/bond | T | 3.88 | 04/30/2030 | 120,000,000.00 | 120,768,750.00 | 0.57 |
| 92840VAF9 | Vistra Operations Co Llc | VST | 5.0 | 07/31/2027 | 121,462,000.00 | 121,311,106.00 | 0.57 |
| 91282CNE7 | United States Treasury Note/bond | T | 3.88 | 05/31/2027 | 119,000,000.00 | 119,413,710.00 | 0.56 |
| 91282CNG2 | United States Treasury Note/bond | T | 4.0 | 05/31/2030 | 115,000,000.00 | 116,356,640.00 | 0.55 |
| 23918KAT5 | Davita Inc | DVA | 3.75 | 02/15/2031 | 127,162,000.00 | 116,484,001.00 | 0.55 |
| 91282CMV0 | United States Treasury Note/bond | T | 3.88 | 03/31/2027 | 115,000,000.00 | 115,350,390.00 | 0.54 |
| 23918KAS7 | Davita Inc | DVA | 4.63 | 06/01/2030 | 118,590,000.00 | 113,592,767.00 | 0.53 |
| BL4070472 | CSC Holdings Llc | CSCHLD | 8.65 | 01/18/2028 | 106,379,147.00 | 105,581,303.00 | 0.49 |
| 35906ABF4 | Frontier Communications Holdings Llc | FYBR | 5.0 | 05/01/2028 | 101,385,000.00 | 101,163,754.00 | 0.47 |
| 91282CET4 | United States Treasury Note/bond | T | 2.63 | 05/31/2027 | 100,565,000.00 | 98,899,392.00 | 0.46 |
| 68245XAM1 | 1011778 Bc Ulc / New Red Finance Inc | BCULC | 4.0 | 10/15/2030 | 101,717,000.00 | 95,741,126.00 | 0.45 |
| 91327TAA9 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 10.5 | 02/15/2028 | 89,642,000.00 | 94,348,205.00 | 0.44 |
| 880349AU9 | Tenneco Inc | TENINC | 8.0 | 11/17/2028 | 94,310,000.00 | 94,434,157.00 | 0.44 |
| 05508WAB1 | B&G Foods Inc | BGS | 5.25 | 09/15/2027 | 95,650,000.00 | 92,477,448.00 | 0.43 |
| 146869AN2 | Carvana Co | CVNA | 9.0 | 06/01/2030 | 83,290,913.00 | 87,145,141.00 | 0.41 |
| 59155LAA0 | Mavis Tire Express Services Topco Corp | EOCGRO | 6.5 | 05/15/2029 | 88,874,000.00 | 88,465,909.00 | 0.41 |
| 89616RAC3 | Trident Tpi Holdings Inc | TEKNI | 12.75 | 12/31/2028 | 78,953,000.00 | 84,277,867.00 | 0.40 |
| 88033GDM9 | Tenet Healthcare Corp | THC | 4.25 | 06/01/2029 | 85,178,000.00 | 83,172,914.00 | 0.39 |
| 31556TAC3 | Fertitta Entertainment Llc / Fertitta En | FRTITA | 6.75 | 01/15/2030 | 88,991,000.00 | 83,569,322.00 | 0.39 |
| 00489LAK9 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 8.25 | 02/01/2029 | 78,275,000.00 | 81,709,739.00 | 0.38 |
| 07556QBT1 | Beazer Homes Usa Inc | BZH | 7.25 | 10/15/2029 | 76,643,000.00 | 77,941,347.00 | 0.37 |
| 12769GAA8 | Caesars Entertainment Inc | CZR | 4.63 | 10/15/2029 | 82,390,000.00 | 78,765,438.00 | 0.37 |
| 12769GAB6 | Caesars Entertainment Inc | CZR | 7.0 | 02/15/2030 | 74,025,000.00 | 76,152,247.00 | 0.36 |
| 25259KAA8 | Olympus Water Us Holding Corp | SOLEIN | 9.75 | 11/15/2028 | 73,640,000.00 | 77,269,157.00 | 0.36 |
| 36267QAA2 | CLUE Opco Llc | FWRD | 9.5 | 10/15/2031 | 70,046,000.00 | 74,914,174.00 | 0.35 |
| 126307AQ0 | CSC Holdings Llc | CSCHLD | 5.5 | 04/15/2027 | 79,195,000.00 | 75,204,822.00 | 0.35 |
| 92332YAC5 | Venture Global Lng Inc | VENLNG | 9.5 | 02/01/2029 | 67,507,000.00 | 74,432,484.00 | 0.35 |
| BL4622678 | Lumen Technologies Inc | LUMN | 6.78 | 04/15/2029 | 73,156,111.00 | 72,607,440.00 | 0.34 |
| 55903VBU6 | Warnermedia Holdings Inc | WBD | 5.14 | 03/15/2052 | 97,312,000.00 | 72,491,673.00 | 0.34 |
| 579063AB4 | Mcafee Corp | MCFE | 7.38 | 02/15/2030 | 76,801,000.00 | 71,356,760.00 | 0.33 |
| 131347CQ7 | Calpine Corp | CPN | 5.0 | 02/01/2031 | 71,606,000.00 | 71,378,652.00 | 0.33 |
| 11283YAD2 | Brookfield Residential Properties Inc / | BRPCN | 4.88 | 02/15/2030 | 71,821,000.00 | 67,315,668.00 | 0.32 |
| 527298CN1 | Level 3 Financing Inc | LVLT | 7.0 | 03/31/2034 | 67,105,000.00 | 68,256,312.00 | 0.32 |
| 53219LAU3 | Lifepoint Health Inc | RGCARE | 5.38 | 01/15/2029 | 72,015,000.00 | 68,909,645.00 | 0.32 |
| BL4645844 | Doncasters Finance Us Llc | DONCAS | 10.8 | 04/23/2030 | 67,334,600.00 | 68,007,946.00 | 0.32 |
| 92840MAC6 | Vistra Corp | VST | 7.0 | 06/15/2174 | 68,094,000.00 | 69,094,011.00 | 0.32 |
| 978097AG8 | Wolverine World Wide Inc | WWW | 4.0 | 08/15/2029 | 73,303,000.00 | 67,027,396.00 | 0.31 |
| 92332YAD3 | Venture Global Lng Inc | VENLNG | 9.88 | 02/01/2032 | 58,010,000.00 | 63,165,946.00 | 0.30 |
| 92332YAF8 | Venture Global Lng Inc | VENLNG | 9.0 | 03/30/2173 | 65,087,000.00 | 64,440,819.00 | 0.30 |
| 443628AJ1 | Hudbay Minerals Inc | HBMCN | 4.5 | 04/01/2026 | 64,446,000.00 | 64,155,993.00 | 0.30 |
| 77311WAA9 | Rocket Cos Inc | RKT | 6.13 | 08/01/2030 | 63,211,000.00 | 64,892,471.00 | 0.30 |
| 071734AJ6 | Bausch Health Cos Inc | BHCCN | 5.25 | 01/30/2030 | 92,271,000.00 | 64,820,377.00 | 0.30 |
| 143658BQ4 | Carnival Corp | CCL | 4.0 | 08/01/2028 | 64,596,000.00 | 63,457,282.00 | 0.30 |
| 35908MAB6 | Frontier Communications Holdings Llc | FYBR | 6.0 | 01/15/2030 | 60,243,000.00 | 60,974,652.00 | 0.29 |
| 63861CAD1 | Nationstar Mortgage Holdings Inc | COOP | 5.13 | 12/15/2030 | 61,732,000.00 | 62,325,865.00 | 0.29 |
| 57701RAM4 | Mattamy Group Corp | MATHOM | 4.63 | 03/01/2030 | 63,135,000.00 | 60,994,092.00 | 0.29 |
| 315293308 | Ferrellgas Partners Lp | FGPRB | — | — | 402,445.00 | 59,902,489.00 | 0.28 |
| 911365BG8 | United Rentals North America Inc | URI | 4.88 | 01/15/2028 | 59,499,000.00 | 59,348,183.00 | 0.28 |
| 92921EAA0 | Voyager Parent Llc | EVRI | 9.25 | 07/01/2032 | 56,225,000.00 | 59,458,028.00 | 0.28 |
| 92840VAB8 | Vistra Operations Co Llc | VST | 5.63 | 02/15/2027 | 57,680,000.00 | 57,701,584.00 | 0.27 |
| BL4871903 | Acrisure Llc | ACRISU | 7.36 | 11/06/2030 | 57,304,407.00 | 57,161,146.00 | 0.27 |
| 21873SAB4 | Coreweave Inc | CRWV | 9.25 | 06/01/2030 | 55,565,000.00 | 57,384,517.00 | 0.27 |
| 00653VAC5 | Adapthealth Llc | ADAHEA | 4.63 | 08/01/2029 | 58,426,000.00 | 55,494,975.00 | 0.26 |
| 59833DAB6 | Midwest Gaming Borrower Llc / Midwest Ga | MWGAME | 4.88 | 05/01/2029 | 56,254,000.00 | 54,727,834.00 | 0.26 |
| 77340RAM9 | Rockies Express Pipeline Llc | ROCKIE | 6.88 | 04/15/2040 | 53,843,000.00 | 55,438,238.00 | 0.26 |
| 74841CAB7 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 3.88 | 03/01/2031 | 59,158,000.00 | 55,268,432.00 | 0.26 |
| B8AB393F8 | TPC Group Rights | — | — | — | 2,374,523.00 | 54,762,436.00 | 0.26 |
| B8AC2XVL0 | Heritage Pwr Llc | — | — | — | 846,791.00 | 54,512,170.00 | 0.26 |
| 893830BY4 | Transocean International Ltd | RIG | 8.25 | 05/15/2029 | 56,545,000.00 | 55,773,160.00 | 0.26 |
| 90932LAG2 | United Airlines Inc | UAL | 4.38 | 04/15/2026 | 52,677,000.00 | 52,585,409.00 | 0.25 |
| 707569AS8 | PENN Entertainment Inc | PENN | 5.63 | 01/15/2027 | 54,299,000.00 | 54,282,791.00 | 0.25 |
| 810186AX4 | Scotts Miracle-gro Co/the | SMG | 4.0 | 04/01/2031 | 58,993,000.00 | 54,378,081.00 | 0.25 |
| 552953CH2 | MGM Resorts International | MGM | 4.75 | 10/15/2028 | 53,292,000.00 | 52,882,772.00 | 0.25 |
| 445587AE8 | HUNT Cos Inc | HUNTCO | 5.25 | 04/15/2029 | 54,871,000.00 | 53,474,688.00 | 0.25 |
| 629377CU4 | NRG Energy Inc | NRG | 10.25 | 09/15/2174 | 47,091,000.00 | 51,412,505.00 | 0.24 |
| 74843PAA8 | Quikrete Holdings Inc | QUIKHO | 6.38 | 03/01/2032 | 48,520,000.00 | 50,271,177.00 | 0.24 |
| 74165HAC2 | Prime Healthcare Services Inc | PRIHEA | 9.38 | 09/01/2029 | 49,508,000.00 | 51,503,897.00 | 0.24 |
| 00081TAK4 | ACCO Brands Corp | ACCO | 4.25 | 03/15/2029 | 57,344,000.00 | 51,828,198.00 | 0.24 |
| 22303XAA3 | Reworld Holding Corp | CVA | 4.88 | 12/01/2029 | 54,501,000.00 | 51,325,167.00 | 0.24 |
| 853496AG2 | Standard Industries Inc/ny | BMCAUS | 4.38 | 07/15/2030 | 53,501,000.00 | 51,307,857.00 | 0.24 |
| BL4047090 | Tenneco Inc | TEN | 9.05 | 11/17/2028 | 52,653,068.00 | 51,308,519.00 | 0.24 |
| SWZ9707Z0K | ICE: (cdx.na.hy.44.v1) | — | 5.0 | 06/20/2030 | 619,720,000.00 | 50,271,682.00 | 0.24 |
| 91282CKY6 | United States Treasury Note/bond | T | 4.63 | 06/30/2026 | 48,000,000.00 | 48,286,875.00 | 0.23 |
| 25381MAA5 | Digicel International Finance Ltd / Difl | DIGDIF | 8.63 | 08/01/2032 | 47,250,000.00 | 48,476,137.00 | 0.23 |
| 019576AD9 | Allied Universal Holdco Llc | UNSEAM | 7.88 | 02/15/2031 | 47,225,000.00 | 49,540,673.00 | 0.23 |
| 62957HAP0 | Nabors Industries Inc | NBR | 9.13 | 01/31/2030 | 47,570,000.00 | 49,485,730.00 | 0.23 |
| 69356MAA4 | PM General Purchaser Llc | AMGENE | 9.5 | 10/01/2028 | 55,821,000.00 | 48,493,353.00 | 0.23 |
| 70082LAA5 | PARK River Holdings Inc | PRIMBP | 5.63 | 02/01/2029 | 49,632,000.00 | 48,985,026.00 | 0.23 |
| 449691AC8 | MAYA Sas/paris France | ILDFP | 7.0 | 10/15/2028 | 49,040,000.00 | 49,764,320.00 | 0.23 |
| 57763RAD9 | Mauser Packaging Solutions Holding Co | BWY | 7.88 | 04/15/2027 | 45,560,000.00 | 46,063,717.00 | 0.22 |
| 55342UAM6 | MPT Operating Partnership Lp / Mpt Finan | MPW | 3.5 | 03/15/2031 | 64,211,000.00 | 47,124,181.00 | 0.22 |
| 63938CAK4 | Navient Corp | NAVI | 5.0 | 03/15/2027 | 46,200,000.00 | 46,021,515.00 | 0.22 |
| 70932MAB3 | Pennymac Financial Services Inc | PFSI | 4.25 | 02/15/2029 | 49,570,000.00 | 47,998,294.00 | 0.22 |
| 019579AA9 | Allied Universal Holdco Llc/allied Unive | UNSEAM | 4.63 | 06/01/2028 | 47,080,000.00 | 46,066,367.00 | 0.22 |
| 00253XAB7 | American Airlines Inc/aadvantage Loyalty | AAL | 5.75 | 04/20/2029 | 47,500,000.00 | 47,678,125.00 | 0.22 |
| 12543DBQ2 | Chs/community Health Systems Inc | CYH | 9.75 | 01/15/2034 | 44,655,000.00 | 45,901,008.00 | 0.22 |
| 12687GAA7 | Cablevision Lightpath Llc | CVLGHT | 3.88 | 09/15/2027 | 47,650,000.00 | 46,261,544.00 | 0.22 |
| 87470LAD3 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 5.5 | 01/15/2028 | 46,567,000.00 | 46,349,969.00 | 0.22 |
| BL4063485 | Altice Financing Sa | ALTICE | 9.32 | 10/31/2027 | 55,053,829.00 | 46,933,388.00 | 0.22 |
| B8AC6L2G5 | Hurricane Cleanco Limited | — | 6.25 | 10/31/2029 | 32,087,358.00 | 45,609,766.00 | 0.21 |
| 97381AAA0 | Windstream Services Llc / Windstream Esc | WIN | 8.25 | 10/01/2031 | 42,930,000.00 | 44,504,474.00 | 0.21 |
| 92840MAB8 | Vistra Corp | VST | 8.0 | 04/15/2174 | 42,819,000.00 | 43,802,444.00 | 0.21 |
| SWZ9796YTF | ICE: (cdx.na.hy.45.v1) | — | 5.0 | 12/20/2030 | 566,710,000.00 | 43,846,589.00 | 0.21 |
| B8ADAMRM6 | International Park Hldgs Bv | — | 7.29 | 12/31/2031 | 36,900,000.00 | 42,564,302.00 | 0.20 |
| 88033GAV2 | Tenet Healthcare Corp | THC | 6.88 | 11/15/2031 | 40,341,000.00 | 43,726,340.00 | 0.20 |
| 1248EPBX0 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.0 | 02/01/2028 | 43,511,000.00 | 43,107,291.00 | 0.20 |
| 07556QBR5 | Beazer Homes Usa Inc | BZH | 5.88 | 10/15/2027 | 43,153,000.00 | 43,113,753.00 | 0.20 |
| 04364VAK9 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 9.0 | 11/01/2027 | 34,723,000.00 | 41,817,135.00 | 0.20 |
| 131347CP9 | Calpine Corp | CPN | 4.63 | 02/01/2029 | 43,590,000.00 | 43,182,998.00 | 0.20 |
| 172967MV0 | Citigroup Inc | C | 3.88 | 05/18/2174 | 42,635,000.00 | 42,231,009.00 | 0.20 |
| 364760AQ1 | GAP Inc/the | GAP | 3.88 | 10/01/2031 | 46,999,000.00 | 42,780,210.00 | 0.20 |
| 35906ABE7 | Frontier Communications Holdings Llc | FYBR | 5.88 | 10/15/2027 | 43,589,000.00 | 43,593,229.00 | 0.20 |
| 70137WAG3 | Parkland Corp | PKICN | 4.5 | 10/01/2029 | 44,455,000.00 | 43,195,145.00 | 0.20 |
| 654922AB9 | Nissan Motor Co Ltd | NSANY | 7.5 | 07/17/2030 | 40,960,000.00 | 42,982,604.00 | 0.20 |
| 552953CF6 | MGM Resorts International | MGM | 5.5 | 04/15/2027 | 41,825,000.00 | 42,089,257.00 | 0.20 |
| 431318AS3 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.25 | 11/01/2028 | 43,198,000.00 | 43,301,043.00 | 0.20 |
| 443628AH5 | Hudbay Minerals Inc | HBMCN | 6.13 | 04/01/2029 | 41,755,000.00 | 42,068,162.00 | 0.20 |
| 44267DAD9 | Howard Hughes Corp/the | HHH | 5.38 | 08/01/2028 | 40,335,000.00 | 40,259,152.00 | 0.19 |
| 527298CM3 | Level 3 Financing Inc | LVLT | 6.88 | 06/30/2033 | 39,825,000.00 | 40,602,584.00 | 0.19 |
| 654922AC7 | Nissan Motor Co Ltd | NSANY | 7.75 | 07/17/2032 | 38,470,000.00 | 40,676,254.00 | 0.19 |
| 682691AJ9 | Onemain Finance Corp | OMF | 6.75 | 03/15/2032 | 40,737,000.00 | 41,397,605.00 | 0.19 |
| 737446AQ7 | POST Holdings Inc | POST | 4.63 | 04/15/2030 | 41,306,000.00 | 39,836,055.00 | 0.19 |
| 75026JAH3 | Radiate Holdco Llc / Radiate Finance Inc | RADIAT | 9.25 | 03/25/2030 | 65,281,960.00 | 40,800,525.00 | 0.19 |
| 76883NAA9 | Rivers Enterprise Borrower Llc / Rivers | RIVENT | 6.63 | 02/01/2033 | 40,715,000.00 | 41,467,644.00 | 0.19 |
| 36168QAP9 | GFL Environmental Inc | GFLCN | 4.38 | 08/15/2029 | 41,706,000.00 | 40,641,245.00 | 0.19 |
| 346232AE1 | Forestar Group Inc | FOR | 5.0 | 03/01/2028 | 41,915,000.00 | 41,551,132.00 | 0.19 |
| 25470XBD6 | DISH Dbs Corp | DISH | 5.13 | 06/01/2029 | 46,994,000.00 | 40,186,113.00 | 0.19 |
| 278768AA4 | Echostar Corp | SATS | 6.75 | 11/30/2030 | 38,447,666.00 | 39,627,778.00 | 0.19 |
| 08949LAB6 | BIG River Steel Llc / Brs Finance Corp | BIGBRS | 6.63 | 01/31/2029 | 41,126,000.00 | 41,178,609.00 | 0.19 |
| 05552BAA4 | LBM Acquisition Llc | USLBMH | 6.25 | 01/15/2029 | 42,935,000.00 | 39,762,220.00 | 0.19 |
| 103304BV2 | BOYD Gaming Corp | BYD | 4.75 | 06/15/2031 | 42,140,000.00 | 40,644,902.00 | 0.19 |
| 126307BD8 | CSC Holdings Llc | CSCHLD | 4.63 | 12/01/2030 | 115,940,000.00 | 40,687,720.00 | 0.19 |
| 852060AT9 | Sprint Capital Corp | S | 8.75 | 03/15/2032 | 33,453,000.00 | 40,732,088.00 | 0.19 |
| BL4600518 | Connect Finco Sarl | IMASF | 8.82 | 09/27/2029 | 41,516,022.00 | 40,962,488.00 | 0.19 |
| BL5176344 | Digicel Intl Finance Ltd | DLLTD | 7.57 | 07/30/2032 | 39,820,000.00 | 39,770,225.00 | 0.19 |
| CURRENCY | Currency | — | — | — | 39,648,093.00 | 41,125,764.00 | 0.19 |
| 98313RAH9 | WYNN Macau Ltd | WYNMAC | 5.63 | 08/26/2028 | 38,710,000.00 | 38,632,967.00 | 0.18 |
| 097751BX8 | Bombardier Inc | BBDBCN | 6.0 | 02/15/2028 | 39,209,000.00 | 39,232,917.00 | 0.18 |
| 044209AM6 | Ashland Inc | ASH | 6.88 | 05/15/2043 | 36,370,000.00 | 38,085,950.00 | 0.18 |
| 00175PAC7 | AMN Healthcare Inc | AMN | 4.0 | 04/15/2029 | 39,902,000.00 | 37,664,071.00 | 0.18 |
| 77313LAA1 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 2.88 | 10/15/2026 | 40,034,000.00 | 39,253,046.00 | 0.18 |
| 681639AB6 | Olympus Water Us Holding Corp | SOLEIN | 6.25 | 10/01/2029 | 40,068,000.00 | 38,884,074.00 | 0.18 |
| 50190EAA2 | LCM Investments Holdings Ii Llc | MAGLLC | 4.88 | 05/01/2029 | 38,586,000.00 | 37,806,595.00 | 0.18 |
| 57779EAA6 | Maxim Crane Works Holdings Capital Llc | CLDCRN | 11.5 | 09/01/2028 | 35,900,000.00 | 38,083,542.00 | 0.18 |
| 62886HBG5 | NCL Corp Ltd | NCLH | 7.75 | 02/15/2029 | 35,280,000.00 | 37,491,703.00 | 0.18 |
| 44267DAE7 | Howard Hughes Corp/the | HHH | 4.13 | 02/01/2029 | 40,035,000.00 | 38,407,287.00 | 0.18 |
| 380355AN7 | Goeasy Ltd | GSYCN | 7.38 | 10/01/2030 | 36,519,000.00 | 36,722,410.00 | 0.17 |
| 50168AAA8 | LABL Inc | LABL | 10.5 | 07/15/2027 | 43,141,000.00 | 35,695,659.00 | 0.17 |
| 57701RAJ1 | Mattamy Group Corp | MATHOM | 5.25 | 12/15/2027 | 36,341,000.00 | 36,088,793.00 | 0.17 |
| 68622TAB7 | Organon & Co / Organon Foreign Debt Co-i | OGN | 5.13 | 04/30/2031 | 41,500,000.00 | 36,311,105.00 | 0.17 |
| 70932MAG2 | Pennymac Financial Services Inc | PFSI | 6.88 | 05/15/2032 | 34,186,000.00 | 35,436,933.00 | 0.17 |
| 00653VAE1 | Adapthealth Llc | ADAHEA | 5.13 | 03/01/2030 | 37,107,000.00 | 35,409,802.00 | 0.17 |
| 1248EPCN1 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 4.5 | 05/01/2032 | 38,795,000.00 | 35,310,414.00 | 0.17 |
| 35640YAJ6 | Freedom Mortgage Corp | FREMOR | 6.63 | 01/15/2027 | 37,139,000.00 | 37,237,755.00 | 0.17 |
| 82088KAK4 | SHEA Homes Lp / Shea Homes Funding Corp | SHEAHM | 4.75 | 02/15/2028 | 36,510,000.00 | 36,133,831.00 | 0.17 |
| 92564RAB1 | VICI Properties Lp / Vici Note Co Inc | VICI | 4.63 | 12/01/2029 | 36,481,000.00 | 36,131,761.00 | 0.17 |
| 914906BA9 | Univision Communications Inc | UVN | 9.38 | 08/01/2032 | 34,115,000.00 | 36,187,432.00 | 0.17 |
| 91327BAA8 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 6.5 | 02/15/2029 | 35,578,000.00 | 33,411,636.00 | 0.16 |
| 893647BU0 | Transdigm Inc | TDG | 6.38 | 03/01/2029 | 34,125,000.00 | 34,905,609.00 | 0.16 |
| 81721MAM1 | Diversified Healthcare Trust | DHC | 4.75 | 02/15/2028 | 34,754,000.00 | 33,124,087.00 | 0.16 |
| 864486AK1 | Suburban Propane Partners Lp/suburban En | SPH | 5.88 | 03/01/2027 | 33,961,000.00 | 33,922,294.00 | 0.16 |
| 963320BE5 | Whirlpool Corp | WHR | 6.5 | 06/15/2033 | 34,125,000.00 | 34,062,246.00 | 0.16 |
| 350392AA4 | Foundation Building Materials Inc | FBM | 6.0 | 03/01/2029 | 33,861,000.00 | 34,363,465.00 | 0.16 |
| 346232AG6 | Forestar Group Inc | FOR | 6.5 | 03/15/2033 | 33,295,000.00 | 34,015,427.00 | 0.16 |
| 278768AC0 | Echostar Corp | SATS | 10.75 | 11/30/2029 | 31,600,000.00 | 34,768,346.00 | 0.16 |
| 25470MAG4 | DISH Network Corp | DISH | 11.75 | 11/15/2027 | 31,800,000.00 | 33,658,315.00 | 0.16 |
| 05606FAN3 | BX Trust 2019-oc11 | BX | 4.08 | 12/09/2041 | 37,328,000.00 | 34,389,177.00 | 0.16 |
| 049362AA4 | Allied Universal Holdco Llc/allied Unive | UNSEAM | 4.63 | 06/01/2028 | 35,256,000.00 | 34,555,110.00 | 0.16 |
| 80874DAA4 | Scientific Games Holdings Lp/scientific | SCGALO | 6.63 | 03/01/2030 | 36,085,000.00 | 33,525,622.00 | 0.16 |
| 810186AW6 | Scotts Miracle-gro Co/the | SMG | 4.38 | 02/01/2032 | 36,025,000.00 | 33,251,302.00 | 0.16 |
| 78500AAA6 | SWF Holdings I Corp | SPRIND | 6.5 | 10/01/2029 | 84,380,000.00 | 33,206,144.00 | 0.16 |
| 670001AE6 | Novelis Corp | HNDLIN | 4.75 | 01/30/2030 | 35,450,000.00 | 34,211,583.00 | 0.16 |
| 63938CAL2 | Navient Corp | NAVI | 4.88 | 03/15/2028 | 33,921,000.00 | 33,301,485.00 | 0.16 |
| 553283AG7 | MPH Acquisition Holdings Llc | MLTPLN | 5.75 | 12/31/2030 | 37,935,858.00 | 33,111,412.00 | 0.16 |
| 42704LAF1 | HERC Holdings Inc | HRI | 7.0 | 06/15/2030 | 33,213,000.00 | 34,502,481.00 | 0.16 |
| 44267DAF4 | Howard Hughes Corp/the | HHH | 4.38 | 02/01/2031 | 35,767,000.00 | 33,540,051.00 | 0.16 |
| 432833AN1 | Hilton Domestic Operating Co Inc | HLT | 3.63 | 02/15/2032 | 36,540,000.00 | 33,434,574.00 | 0.16 |
| 384311AC0 | Graftech Finance Inc | EAF | 4.63 | 12/23/2029 | 44,487,000.00 | 31,320,367.00 | 0.15 |
| 552953CJ8 | MGM Resorts International | MGM | 6.5 | 04/15/2032 | 30,795,000.00 | 31,383,914.00 | 0.15 |
| 603051AE3 | Mineral Resources Ltd | MINAU | 9.25 | 10/01/2028 | 30,534,000.00 | 31,987,418.00 | 0.15 |
| 629377CE0 | NRG Energy Inc | NRG | 5.75 | 01/15/2028 | 32,025,000.00 | 32,089,977.00 | 0.15 |
| 68288AAA5 | 1261229 Bc Ltd | BHCCN | 10.0 | 04/15/2032 | 30,385,000.00 | 31,106,643.00 | 0.15 |
| 03690AAF3 | Antero Midstream Partners Lp / Antero Mi | AM | 5.75 | 01/15/2028 | 32,178,000.00 | 32,179,349.00 | 0.15 |
| 00175PAB9 | AMN Healthcare Inc | AMN | 4.63 | 10/01/2027 | 31,160,000.00 | 31,149,364.00 | 0.15 |
| 02154CAH6 | Altice Financing Sa | ALTICE | 5.75 | 08/15/2029 | 43,725,000.00 | 32,903,062.00 | 0.15 |
| 109641AK6 | Brinker International Inc | EAT | 8.25 | 07/15/2030 | 30,183,000.00 | 31,979,789.00 | 0.15 |
| 205768AS3 | Comstock Resources Inc | CRK | 6.75 | 03/01/2029 | 32,042,000.00 | 31,989,553.00 | 0.15 |
| 17888HAA1 | Civitas Resources Inc | CIVI | 8.38 | 07/01/2028 | 31,695,000.00 | 32,872,123.00 | 0.15 |
| 143658CA8 | Carnival Corp | CCL | 5.75 | 08/01/2032 | 30,839,000.00 | 31,370,355.00 | 0.15 |
| 92676XAD9 | Viking Cruises Ltd | VIKCRU | 5.88 | 09/15/2027 | 31,867,000.00 | 31,868,274.00 | 0.15 |
| 983133AA7 | WYNN Resorts Finance Llc / Wynn Resorts | WYNFIN | 5.13 | 10/01/2029 | 32,036,000.00 | 32,079,173.00 | 0.15 |
| BL4883627 | Mcafee Corp | MCFE | 6.55 | 03/01/2029 | 33,712,634.00 | 32,083,201.00 | 0.15 |
| BL3652478 | Skillsoft Finance Ii Inc | SKIL | 9.68 | 07/14/2028 | 35,800,003.00 | 31,563,681.00 | 0.15 |
| BL3674951 | Asurion Llc | ASUCOR | 9.68 | 01/20/2029 | 33,945,000.00 | 32,411,398.00 | 0.15 |
| 87265HAG4 | TRI Pointe Homes Inc | TPH | 5.7 | 06/15/2028 | 32,042,000.00 | 32,646,487.00 | 0.15 |
| 87724RAA0 | Taylor Morrison Communities Inc | TMHC | 5.88 | 06/15/2027 | 31,369,000.00 | 31,748,172.00 | 0.15 |
| 854938AA5 | STAR Leasing Co Llc | TRAILR | 7.63 | 02/15/2030 | 32,920,000.00 | 31,982,532.00 | 0.15 |
| 88830MAM4 | Titan International Inc | TWI | 7.0 | 04/30/2028 | 30,657,000.00 | 30,707,665.00 | 0.14 |
| 893647BY2 | Transdigm Inc | TDG | 6.38 | 05/31/2033 | 30,155,000.00 | 30,578,023.00 | 0.14 |
| 92682RAA0 | Viking Ocean Cruises Ship Vii Ltd | VIKCRU | 5.63 | 02/15/2029 | 30,373,000.00 | 30,318,936.00 | 0.14 |
| 92769XAP0 | Virgin Media Secured Finance Plc | VMED | 5.5 | 05/15/2029 | 30,668,000.00 | 30,243,861.00 | 0.14 |
| 92840JAB5 | Vistajet Malta Finance Plc / Vista Manag | VSTJET | 6.38 | 02/01/2030 | 30,185,000.00 | 29,399,284.00 | 0.14 |
| 92840MAD4 | Vistra Corp | VST | 8.88 | 07/15/2174 | 28,025,000.00 | 30,767,709.00 | 0.14 |
| 18972EAB1 | Clydesdale Acquisition Holdings Inc | NOVHOL | 8.75 | 04/15/2030 | 28,240,000.00 | 29,010,553.00 | 0.14 |
| 185899AN1 | Cleveland-cliffs Inc | CLF | 6.75 | 04/15/2030 | 28,560,000.00 | 28,967,166.00 | 0.14 |
| 19767QAS4 | HCA Inc | HCA | 7.75 | 07/15/2036 | 25,990,000.00 | 30,453,373.00 | 0.14 |
| 233104AA6 | DCLI Bidco Llc | DIRCHA | 7.75 | 11/15/2029 | 27,822,000.00 | 28,915,403.00 | 0.14 |
| 21925DAA7 | Cornerstone Building Brands Inc | CNR | 6.13 | 01/15/2029 | 35,523,000.00 | 29,049,470.00 | 0.14 |
| 35640YAL1 | Freedom Mortgage Corp | FREMOR | 12.25 | 10/01/2030 | 26,375,000.00 | 29,414,575.00 | 0.14 |
| 02154CAJ2 | Altice Financing Sa | ALTICE | 9.63 | 07/15/2027 | 33,338,000.00 | 30,004,200.00 | 0.14 |
| 019576AC1 | Allied Universal Holdco Llc / Allied Uni | UNSEAM | 6.0 | 06/01/2029 | 29,385,000.00 | 28,893,511.00 | 0.14 |
| 02154CAF0 | Altice Financing Sa | ALTICE | 5.0 | 01/15/2028 | 37,200,000.00 | 28,830,000.00 | 0.14 |
| 019576AF4 | Allied Universal Holdco Llc / Allied Uni | UNSEAM | 6.88 | 06/15/2030 | 29,580,000.00 | 30,419,289.00 | 0.14 |
| 03690AAH9 | Antero Midstream Partners Lp / Antero Mi | AM | 5.38 | 06/15/2029 | 30,897,000.00 | 30,782,118.00 | 0.14 |
| 045086AM7 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 4.63 | 08/01/2029 | 31,022,000.00 | 29,823,598.00 | 0.14 |
| 79546VAQ9 | Sally Holdings Llc / Sally Capital Inc | SBH | 6.75 | 03/01/2032 | 28,893,000.00 | 30,014,901.00 | 0.14 |
| 42704LAA2 | HERC Holdings Inc | HRI | 5.5 | 07/15/2027 | 30,560,000.00 | 30,490,339.00 | 0.14 |
| 431318AU8 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 5.75 | 02/01/2029 | 30,250,000.00 | 29,857,235.00 | 0.14 |
| 50106GAJ1 | Kronos Acquisition Holdings Inc | KIKCN | 10.75 | 06/30/2032 | 52,622,000.00 | 28,984,971.00 | 0.14 |
| 48666KAY5 | KB Home | KBH | 4.8 | 11/15/2029 | 29,269,000.00 | 28,959,835.00 | 0.14 |
| 601137AA0 | Millrose Properties Inc | MRP | 6.38 | 08/01/2030 | 28,155,000.00 | 28,649,226.00 | 0.13 |
| 55305BAS0 | M/I Homes Inc | MHO | 4.95 | 02/01/2028 | 28,261,000.00 | 28,101,266.00 | 0.13 |
| 77313LAB9 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 4.0 | 10/15/2033 | 30,090,000.00 | 27,490,432.00 | 0.13 |
| 72147KAJ7 | Pilgrim's Pride Corp | PPC | 4.25 | 04/15/2031 | 27,663,000.00 | 26,747,297.00 | 0.13 |
| 681639AD2 | Olympus Water Us Holding Corp | SOLEIN | 7.25 | 06/15/2031 | 27,040,000.00 | 27,417,582.00 | 0.13 |
| 053773BG1 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 4.75 | 04/01/2028 | 28,975,000.00 | 28,092,943.00 | 0.13 |
| 041242AA6 | ARKO Corp | ARKO | 5.13 | 11/15/2029 | 32,332,000.00 | 27,439,778.00 | 0.13 |
| 032177AJ6 | Amsted Industries Inc | AMSIND | 4.63 | 05/15/2030 | 28,647,000.00 | 27,687,957.00 | 0.13 |
| 02156LAC5 | Altice France Sa | SFRFP | 5.5 | 01/15/2028 | 33,260,000.00 | 28,769,900.00 | 0.13 |
| 02156LAH4 | Altice France Sa | SFRFP | 5.5 | 10/15/2029 | 32,008,000.00 | 27,479,188.00 | 0.13 |
| 00810GAD6 | Aethon United Br Lp / Aethon United Fina | AETUNI | 7.5 | 10/01/2029 | 26,354,000.00 | 27,481,579.00 | 0.13 |
| 1248EPBT9 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.13 | 05/01/2027 | 27,428,000.00 | 27,256,510.00 | 0.13 |
| 25525PAB3 | Diversified Healthcare Trust | DHC | 4.38 | 03/01/2031 | 30,244,000.00 | 26,730,601.00 | 0.13 |
| 335934AV7 | First Quantum Minerals Ltd | FMCN | 9.38 | 03/01/2029 | 26,330,000.00 | 27,851,874.00 | 0.13 |
| 185899AS0 | Cleveland-cliffs Inc | CLF | 7.5 | 09/15/2031 | 26,270,000.00 | 27,071,148.00 | 0.13 |
| 16115QAF7 | Chart Industries Inc | GTLS | 7.5 | 01/01/2030 | 27,175,000.00 | 28,316,898.00 | 0.13 |
| 92840VAH5 | Vistra Operations Co Llc | VST | 4.38 | 05/01/2029 | 27,269,000.00 | 26,706,633.00 | 0.13 |
| 92841HAA0 | Vistajet Malta Finance Plc / Vista Manag | VSTJET | 9.5 | 06/01/2028 | 27,149,000.00 | 28,255,050.00 | 0.13 |
| 92840JAD1 | Vistajet Malta Finance Plc / Vista Manag | VSTJET | 7.88 | 05/01/2027 | 27,065,000.00 | 27,335,579.00 | 0.13 |
| BL4949832 | Clarios Global Lp | POWSOL | 7.82 | 01/28/2032 | 27,175,000.00 | 27,107,062.00 | 0.13 |
| 92339LAA0 | Veritiv Operating Co | VRTV | 10.5 | 11/30/2030 | 25,573,000.00 | 27,447,579.00 | 0.13 |
| 86765LAZ0 | Sunoco Lp / Sunoco Finance Corp | SUN | 4.5 | 04/30/2030 | 29,800,000.00 | 28,735,070.00 | 0.13 |
| 829259BH2 | Sinclair Television Group Inc | SBGI | 8.13 | 02/15/2033 | 26,970,000.00 | 27,760,524.00 | 0.13 |
| 86828LAC6 | Superior Plus Lp / Superior General Part | SPBCN | 4.5 | 03/15/2029 | 25,680,000.00 | 24,756,290.00 | 0.12 |
| 86765LAT4 | Sunoco Lp / Sunoco Finance Corp | SUN | 4.5 | 05/15/2029 | 27,108,000.00 | 26,449,142.00 | 0.12 |
| 880779BA0 | Terex Corp | TEX | 5.0 | 05/15/2029 | 26,280,000.00 | 25,879,916.00 | 0.12 |
| 896522AJ8 | Trinity Industries Inc | TRN | 7.75 | 07/15/2028 | 25,330,000.00 | 26,218,215.00 | 0.12 |
| BL5042512 | Level 3 Financing Inc | LVLT | 6.77 | 03/29/2032 | 25,558,000.00 | 25,481,326.00 | 0.12 |
| BL4622694 | Lumen Technologies Inc | LUMN | 6.78 | 04/15/2030 | 26,119,059.00 | 25,917,732.00 | 0.12 |
| B8AC5MQN3 | Diamond Sports Grp Llc- Cs | — | — | — | 2,401,128.00 | 24,611,562.00 | 0.12 |
| 143658BY7 | Carnival Corp | CCL | 5.75 | 03/15/2030 | 26,023,000.00 | 26,543,460.00 | 0.12 |
| 18972EAD7 | Clydesdale Acquisition Holdings Inc | NOVHOL | 6.75 | 04/15/2032 | 24,025,000.00 | 24,676,569.00 | 0.12 |
| 21873SAC2 | Coreweave Inc | CRWV | 9.0 | 02/01/2031 | 24,745,000.00 | 25,362,347.00 | 0.12 |
| 335934AW5 | First Quantum Minerals Ltd | FMCN | 8.0 | 03/01/2033 | 23,914,000.00 | 25,238,716.00 | 0.12 |
| 345370BR0 | FORD Motor Co | F | 7.4 | 11/01/2046 | 24,152,000.00 | 26,158,207.00 | 0.12 |
| 25470XBB0 | DISH Dbs Corp | DISH | 7.38 | 07/01/2028 | 27,285,000.00 | 25,137,678.00 | 0.12 |
| 284902AF0 | Eldorado Gold Corp | ELDCN | 6.25 | 09/01/2029 | 25,647,000.00 | 25,743,560.00 | 0.12 |
| 35906ABG2 | Frontier Communications Holdings Llc | FYBR | 6.75 | 05/01/2029 | 25,500,000.00 | 25,756,671.00 | 0.12 |
| 356380AA3 | Freedom Funding Center Llc | FREMOR | 12.0 | 10/01/2032 | 25,014,000.00 | 25,014,000.00 | 0.12 |
| 36170JAC0 | GGAM Finance Ltd | GGAMFI | 8.0 | 02/15/2027 | 25,500,000.00 | 26,105,625.00 | 0.12 |
| 12687GAB5 | Cablevision Lightpath Llc | CVLGHT | 5.63 | 09/15/2028 | 26,683,000.00 | 26,234,841.00 | 0.12 |
| 097751CD1 | Bombardier Inc | BBDBCN | 6.75 | 06/15/2033 | 25,440,000.00 | 26,545,876.00 | 0.12 |
| 05508WAC9 | B&G Foods Inc | BGS | 8.0 | 09/15/2028 | 26,375,000.00 | 25,569,933.00 | 0.12 |
| 045086AR6 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 6.88 | 08/01/2033 | 24,485,000.00 | 24,695,948.00 | 0.12 |
| 071734AM9 | Bausch Health Cos Inc | BHCCN | 5.0 | 02/15/2029 | 34,581,000.00 | 25,935,750.00 | 0.12 |
| 097751BZ3 | Bombardier Inc | BBDBCN | 7.5 | 02/01/2029 | 25,172,000.00 | 26,209,086.00 | 0.12 |
| 097751CA7 | Bombardier Inc | BBDBCN | 8.75 | 11/15/2030 | 23,760,000.00 | 25,615,893.00 | 0.12 |
| 69354NAF3 | PRA Group Inc | PRAA | 8.88 | 01/31/2030 | 25,457,000.00 | 26,274,267.00 | 0.12 |
| 64083YAA9 | Nesco Holdings Ii Inc | NSCO | 5.5 | 04/15/2029 | 26,866,000.00 | 26,299,802.00 | 0.12 |
| 629571AB6 | Nabors Industries Ltd | NBR | 7.5 | 01/15/2028 | 25,818,000.00 | 25,785,727.00 | 0.12 |
| 65480CAL9 | Nissan Motor Acceptance Co Llc | NSANY | 6.13 | 09/30/2030 | 26,135,000.00 | 26,147,365.00 | 0.12 |
| 72147KAH1 | Pilgrim's Pride Corp | PPC | 3.5 | 03/01/2032 | 28,852,000.00 | 26,420,881.00 | 0.12 |
| 70137WAL2 | Parkland Corp | PKICN | 4.63 | 05/01/2030 | 25,475,000.00 | 24,774,692.00 | 0.12 |
| 70082LAC1 | PARK River Holdings Inc | PRIMBP | 8.0 | 03/15/2031 | 25,080,000.00 | 25,410,015.00 | 0.12 |
| 749571AK1 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 6.5 | 04/01/2032 | 25,920,000.00 | 26,660,542.00 | 0.12 |
| 553283AF9 | MPH Acquisition Holdings Llc | MLTPLN | 11.5 | 12/31/2030 | 23,691,713.00 | 24,697,603.00 | 0.12 |
| 55819JAN3 | Madison Park Funding Xxxiii Ltd | MDPK | 5.61 | 10/15/2032 | 24,838,642.00 | 24,867,273.00 | 0.12 |
| 62888HAA7 | NCL Finance Ltd | NCLH | 6.13 | 03/15/2028 | 24,269,000.00 | 24,705,113.00 | 0.12 |
| 431318AV6 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.0 | 02/01/2031 | 26,190,000.00 | 25,263,959.00 | 0.12 |
| 431318AZ7 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.25 | 04/15/2032 | 23,600,000.00 | 22,731,094.00 | 0.11 |
| 47421MBJ1 | Jefferson Mill Clo Ltd | JEFFM | 5.56 | 10/20/2031 | 23,619,372.00 | 23,637,840.00 | 0.11 |
| 45344LAC7 | Crescent Energy Finance Llc | CRGYFN | 9.25 | 02/15/2028 | 22,141,000.00 | 23,027,290.00 | 0.11 |
| 45344LAD5 | Crescent Energy Finance Llc | CRGYFN | 7.63 | 04/01/2032 | 24,285,000.00 | 24,141,910.00 | 0.11 |
| 45344LAE3 | Crescent Energy Finance Llc | CRGYFN | 7.38 | 01/15/2033 | 24,369,000.00 | 23,728,325.00 | 0.11 |
| 62886EBA5 | NCR Voyix Corp | VYX | 5.13 | 04/15/2029 | 23,221,000.00 | 22,899,386.00 | 0.11 |
| 55337PAA0 | MIWD Holdco Ii Llc / Miwd Finance Corp | MIWIDO | 5.5 | 02/01/2030 | 23,430,000.00 | 22,891,906.00 | 0.11 |
| 651229BE5 | Newell Brands Inc | NWL | 6.63 | 05/15/2032 | 24,624,000.00 | 24,300,108.00 | 0.11 |
| 65505PAA5 | Noble Finance Ii Llc | NEFINA | 8.0 | 04/15/2030 | 23,385,000.00 | 24,207,207.00 | 0.11 |
| 63861CAA7 | Nationstar Mortgage Holdings Inc | COOP | 6.0 | 01/15/2027 | 23,295,000.00 | 23,295,000.00 | 0.11 |
| 071734AN7 | Bausch Health Cos Inc | BHCCN | 4.88 | 06/01/2028 | 26,749,000.00 | 23,973,791.00 | 0.11 |
| 1248EPBR3 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.5 | 05/01/2026 | 22,685,000.00 | 22,684,965.00 | 0.11 |
| 00653VAA9 | Adapthealth Llc | ADAHEA | 6.13 | 08/01/2028 | 23,548,000.00 | 23,523,704.00 | 0.11 |
| 02406PBD1 | American Axle & Manufacturing Inc | AXL | 7.75 | 10/15/2033 | 23,140,000.00 | 23,321,868.00 | 0.11 |
| 03969AAN0 | Ardagh Packaging Finance Plc / Ardagh Ho | ARGID | 4.13 | 08/15/2026 | 25,356,000.00 | 24,531,930.00 | 0.11 |
| 335934AU9 | First Quantum Minerals Ltd | FMCN | 8.63 | 06/01/2031 | 21,500,000.00 | 22,581,665.00 | 0.11 |
| 29977LAA9 | SK Invictus Intermediate Ii Sarl | PRM | 5.0 | 10/30/2029 | 24,130,000.00 | 23,617,237.00 | 0.11 |
| 205768AT1 | Comstock Resources Inc | CRK | 5.88 | 01/15/2030 | 24,875,000.00 | 23,972,384.00 | 0.11 |
| 17888HAD5 | Civitas Resources Inc | CIVI | 9.63 | 06/15/2033 | 22,460,000.00 | 23,760,073.00 | 0.11 |
| 97360AAA5 | Windsor Holdings Iii Llc | UNVR | 8.5 | 06/15/2030 | 21,287,000.00 | 22,498,299.00 | 0.11 |
| BL4799294 | Xplore Inc/nb | BARXPL | 6.0 | 10/24/2031 | 33,364,477.00 | 22,938,077.00 | 0.11 |
| BL5118916 | Bingo Holdings I Llc | AGS | 11.55 | 06/14/2032 | 22,750,000.00 | 22,712,075.00 | 0.11 |
| 911365BP8 | United Rentals North America Inc | URI | 3.75 | 01/15/2032 | 24,383,000.00 | 22,587,660.00 | 0.11 |
| 922966AA4 | Venture Global Plaquemines Lng Llc | VEGLPL | 7.5 | 05/01/2033 | 21,236,000.00 | 23,467,409.00 | 0.11 |
| 87724RAJ1 | Taylor Morrison Communities Inc | TMHC | 5.13 | 08/01/2030 | 24,014,000.00 | 23,951,503.00 | 0.11 |
| 861036AB7 | STL Holding Co Llc | DSLDHM | 8.75 | 02/15/2029 | 23,077,000.00 | 24,316,773.00 | 0.11 |
| 85571BBE4 | Starwood Property Trust Inc | STWD | 6.5 | 10/15/2030 | 23,492,000.00 | 24,346,529.00 | 0.11 |
| 83283WAE3 | Smyrna Ready Mix Concrete Llc | SMYREA | 8.88 | 11/15/2031 | 22,910,000.00 | 24,200,002.00 | 0.11 |
| 817565CF9 | Service Corp International/us | SCI | 3.38 | 08/15/2030 | 24,185,000.00 | 22,427,209.00 | 0.11 |
| 85172FAR0 | Onemain Finance Corp | OMF | 5.38 | 11/15/2029 | 24,370,000.00 | 24,126,609.00 | 0.11 |
| 85172FAN9 | Onemain Finance Corp | OMF | 7.13 | 03/15/2026 | 20,091,000.00 | 20,300,594.00 | 0.10 |
| 85571BBB0 | Starwood Property Trust Inc | STWD | 7.25 | 04/01/2029 | 20,795,000.00 | 21,836,912.00 | 0.10 |
| 87470LAL5 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 7.38 | 02/15/2029 | 21,114,000.00 | 21,749,451.00 | 0.10 |
| 91327BAB6 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 4.75 | 04/15/2028 | 21,414,000.00 | 20,946,567.00 | 0.10 |
| 91845AAA3 | VZ Secured Financing Bv | ZIGGO | 5.0 | 01/15/2032 | 24,165,000.00 | 21,839,118.00 | 0.10 |
| 911363AM1 | United Rentals North America Inc | URI | 3.88 | 02/15/2031 | 23,280,000.00 | 22,017,369.00 | 0.10 |
| 89157UAA5 | Toucan Finco Ltd/toucan Finco Can Inc/to | TOUCAN | 9.5 | 05/15/2030 | 22,250,000.00 | 21,788,980.00 | 0.10 |
| BMGB6F7 | Ardagh Packaging Finance Plc / Ardagh Ho | ARGID | 2.13 | 08/15/2026 | 18,975,000.00 | 21,640,459.00 | 0.10 |
| BL4808012 | TPC Group Inc | TPCG | 9.95 | 11/21/2031 | 22,846,621.00 | 22,046,989.00 | 0.10 |
| BL4756492 | Asurion Llc | ASUCOR | 8.57 | 09/19/2030 | 22,028,651.00 | 21,932,275.00 | 0.10 |
| BL4417558 | CLUE Opco Llc | FWRD | 8.81 | 12/19/2030 | 21,077,000.00 | 20,971,615.00 | 0.10 |
| 98379JAA3 | RXO Inc | RXO | 7.5 | 11/15/2027 | 20,625,000.00 | 21,045,541.00 | 0.10 |
| B8ADRJ0H5 | Clubcorp Holdings Inc | — | 9.33 | 04/30/2032 | 20,647,262.00 | 20,477,954.00 | 0.10 |
| L8176HAF7 | Intelsat Emergence Sa | — | — | — | 1,487,548.00 | 20,658,322.00 | 0.10 |
| 13323NAA0 | Camelot Return Merger Sub Inc | CNR | 8.75 | 08/01/2028 | 21,845,000.00 | 21,123,167.00 | 0.10 |
| 18453HAD8 | Clear Channel Outdoor Holdings Inc | CCO | 7.5 | 06/01/2029 | 22,300,000.00 | 21,665,015.00 | 0.10 |
| 345397B77 | FORD Motor Credit Co Llc | F | 2.7 | 08/10/2026 | 21,212,000.00 | 20,858,472.00 | 0.10 |
| 29163VAG8 | Empire Communities Corp | EMPRCC | 9.75 | 05/01/2029 | 20,885,000.00 | 21,898,340.00 | 0.10 |
| 366504AA6 | Garrett Motion Holdings Inc / Garrett Lx | GTX | 7.75 | 05/31/2032 | 20,630,000.00 | 21,634,331.00 | 0.10 |
| 34966MAA0 | Fortress Intermediate 3 Inc | PSDO | 7.5 | 06/01/2031 | 20,775,000.00 | 21,784,211.00 | 0.10 |
| 031921AB5 | Amwins Group Inc | AMWINS | 4.88 | 06/30/2029 | 22,525,000.00 | 21,881,056.00 | 0.10 |
| 04288BAC4 | Arsenal Aic Parent Llc | ARNC | 11.5 | 10/01/2031 | 18,513,000.00 | 20,566,261.00 | 0.10 |
| 02156LAA9 | Altice France Sa | SFRFP | 8.13 | 02/01/2027 | 23,469,000.00 | 21,905,025.00 | 0.10 |
| 11283YAG5 | Brookfield Residential Properties Inc / | BRPCN | 5.0 | 06/15/2029 | 21,994,000.00 | 21,006,029.00 | 0.10 |
| 06055HAK9 | BANK Of America Corp | BAC | 6.25 | 10/26/2173 | 20,545,000.00 | 20,812,112.00 | 0.10 |
| 69331CAH1 | PG&E Corp | PCG | 5.0 | 07/01/2028 | 21,175,000.00 | 20,976,605.00 | 0.10 |
| 69331CAM0 | PG&E Corp | PCG | 7.38 | 03/15/2055 | 19,875,000.00 | 20,459,519.00 | 0.10 |
| 80349BCD7 | Saratoga Investment Corp Clo 2013-1 Ltd | SARAT | 5.63 | 04/20/2033 | 21,372,158.00 | 21,406,065.00 | 0.10 |
| 780153BW1 | Royal Caribbean Cruises Ltd | RCL | 5.63 | 09/30/2031 | 21,781,000.00 | 22,207,328.00 | 0.10 |
| 62886HBR1 | NCL Corp Ltd | NCLH | 6.75 | 02/01/2032 | 20,980,000.00 | 21,583,175.00 | 0.10 |
| 629377CH3 | NRG Energy Inc | NRG | 5.25 | 06/15/2029 | 21,626,000.00 | 21,572,060.00 | 0.10 |
| 629377CQ3 | NRG Energy Inc | NRG | 3.38 | 02/15/2029 | 21,891,000.00 | 20,703,217.00 | 0.10 |
| 629377CR1 | NRG Energy Inc | NRG | 3.63 | 02/15/2031 | 22,528,000.00 | 20,825,005.00 | 0.10 |
| 629377CS9 | NRG Energy Inc | NRG | 3.88 | 02/15/2032 | 22,128,000.00 | 20,405,186.00 | 0.10 |
| 462914AA0 | IRIS Holding Inc | ITPCN | 10.0 | 12/15/2028 | 23,298,000.00 | 21,125,149.00 | 0.10 |
| 42704LAE4 | HERC Holdings Inc | HRI | 6.63 | 06/15/2029 | 20,200,000.00 | 20,757,241.00 | 0.10 |
| 380355AR8 | Goeasy Ltd | GSYCN | 6.88 | 02/15/2031 | 22,685,000.00 | 22,004,450.00 | 0.10 |
| 48666KAZ2 | KB Home | KBH | 4.0 | 06/15/2031 | 19,356,000.00 | 18,179,021.00 | 0.09 |
| 49328K107 | Keycon Pwr Hldgs Llc | — | — | — | 788,740.00 | 18,495,953.00 | 0.09 |
| 449691AG9 | MAYA Sas/paris France | ILDFP | 7.0 | 04/15/2032 | 18,000,000.00 | 18,355,860.00 | 0.09 |
| 45174HBM8 | Iheartcommunications Inc | IHRT | 7.75 | 08/15/2030 | 24,022,509.00 | 19,954,776.00 | 0.09 |
| 46115HBQ9 | Intesa Sanpaolo Spa | ISPIM | 4.2 | 06/01/2032 | 20,671,000.00 | 19,513,004.00 | 0.09 |
| 62886HBP5 | NCL Corp Ltd | NCLH | 6.25 | 03/01/2030 | 19,786,000.00 | 20,008,196.00 | 0.09 |
| 55939AAA5 | Magnera Corp | MAGN | 7.25 | 11/15/2031 | 21,300,000.00 | 20,049,905.00 | 0.09 |
| 601137AB8 | Millrose Properties Inc | MRP | 6.25 | 09/15/2032 | 19,295,000.00 | 19,346,620.00 | 0.09 |
| 552953CK5 | MGM Resorts International | MGM | 6.13 | 09/15/2029 | 18,460,000.00 | 18,779,915.00 | 0.09 |
| 53523LAB6 | Lindblad Expeditions Llc | LIND | 7.0 | 09/15/2030 | 19,390,000.00 | 19,765,277.00 | 0.09 |
| 536797AG8 | Lithia Motors Inc | LAD | 3.88 | 06/01/2029 | 20,725,000.00 | 19,797,495.00 | 0.09 |
| 527298CB7 | Level 3 Financing Inc | LVLT | 4.88 | 06/15/2029 | 19,778,000.00 | 18,746,660.00 | 0.09 |
| 785712AK6 | Sable International Finance Ltd | CWCLN | 7.13 | 10/15/2032 | 19,659,000.00 | 19,915,058.00 | 0.09 |
| 81124LAN4 | Sculptor Clo Xxviii Ltd | SCUL | 5.39 | 01/20/2035 | 20,000,000.00 | 20,004,278.00 | 0.09 |
| 77340RAT4 | Rockies Express Pipeline Llc | ROCKIE | 4.8 | 05/15/2030 | 19,045,000.00 | 18,556,102.00 | 0.09 |
| 716964AA9 | PHH Escrow Issuer Llc/phh Corp | PHHESC | 9.88 | 11/01/2029 | 19,810,000.00 | 20,074,046.00 | 0.09 |
| 737446AR5 | POST Holdings Inc | POST | 4.5 | 09/15/2031 | 21,316,000.00 | 19,938,987.00 | 0.09 |
| 740212AM7 | Precision Drilling Corp | PDCN | 6.88 | 01/15/2029 | 19,185,000.00 | 19,230,084.00 | 0.09 |
| 74841CAA9 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 3.63 | 03/01/2029 | 19,096,000.00 | 18,224,409.00 | 0.09 |
| 681639AA8 | Olympus Water Us Holding Corp | SOLEIN | 4.25 | 10/01/2028 | 20,861,000.00 | 20,062,177.00 | 0.09 |
| 681639AE0 | Olympus Water Us Holding Corp | SOLEIN | 7.25 | 02/15/2033 | 18,175,000.00 | 18,185,533.00 | 0.09 |
| 682691AC4 | Onemain Finance Corp | OMF | 3.88 | 09/15/2028 | 19,724,000.00 | 18,961,643.00 | 0.09 |
| 682691AA8 | Onemain Finance Corp | OMF | 4.0 | 09/15/2030 | 21,489,000.00 | 19,976,050.00 | 0.09 |
| 65480CAK1 | Nissan Motor Acceptance Co Llc | NSANY | 5.63 | 09/29/2028 | 18,230,000.00 | 18,242,694.00 | 0.09 |
| 11135RAA3 | Broadstreet Partners Group Llc | BROPAR | 5.88 | 04/15/2029 | 19,491,000.00 | 19,443,424.00 | 0.09 |
| 126307AS6 | CSC Holdings Llc | CSCHLD | 5.38 | 02/01/2028 | 22,356,000.00 | 19,673,276.00 | 0.09 |
| 00489LAL7 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 7.5 | 11/06/2030 | 18,931,000.00 | 19,730,083.00 | 0.09 |
| 045086AP0 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 4.63 | 04/01/2030 | 19,372,000.00 | 18,372,933.00 | 0.09 |
| 35640YAK3 | Freedom Mortgage Corp | FREMOR | 12.0 | 10/01/2028 | 17,125,000.00 | 18,152,500.00 | 0.09 |
| 36168QAL8 | GFL Environmental Inc | GFLCN | 4.0 | 08/01/2028 | 18,885,000.00 | 18,436,481.00 | 0.09 |
| 18060TAE5 | Clarios Global Lp / Clarios Us Finance C | POWSOL | 6.75 | 09/15/2032 | 18,490,000.00 | 18,899,738.00 | 0.09 |
| 185899AR2 | Cleveland-cliffs Inc | CLF | 7.38 | 05/01/2033 | 18,691,000.00 | 19,076,933.00 | 0.09 |
| 21925AAQ8 | Cornerstone Chemical Co Llc | CRNRCH | 10.0 | 05/07/2029 | 22,836,903.00 | 19,411,367.00 | 0.09 |
| 21979LAB2 | Coronado Finance Pty Ltd | CRNAU | 9.25 | 10/01/2029 | 20,890,000.00 | 18,226,525.00 | 0.09 |
| 17888HAC7 | Civitas Resources Inc | CIVI | 8.63 | 11/01/2030 | 18,255,000.00 | 18,895,669.00 | 0.09 |
| 165167735 | Expand Energy Corp | EXE | — | — | 179,317.00 | 19,050,638.00 | 0.09 |
| 983133AC3 | WYNN Resorts Finance Llc / Wynn Resorts | WYNFIN | 7.13 | 02/15/2031 | 17,165,000.00 | 18,513,570.00 | 0.09 |
| 92676XAG2 | Viking Cruises Ltd | VIKCRU | 9.13 | 07/15/2031 | 18,735,000.00 | 20,061,625.00 | 0.09 |
| 96350RAA2 | White Cap Buyer Llc | WHTCAP | 6.88 | 10/15/2028 | 19,835,000.00 | 19,834,824.00 | 0.09 |
| 95081QAP9 | Wesco Distribution Inc | WCC | 7.25 | 06/15/2028 | 19,182,000.00 | 19,444,847.00 | 0.09 |
| BL4578458 | Consolidated Energy Fin Sa | CONSEN | 8.82 | 11/15/2030 | 20,125,919.00 | 18,616,474.00 | 0.09 |
| 90932LAH0 | United Airlines Inc | UAL | 4.63 | 04/15/2029 | 19,924,000.00 | 19,628,129.00 | 0.09 |
| 922966AB2 | Venture Global Plaquemines Lng Llc | VEGLPL | 7.75 | 05/01/2035 | 16,834,000.00 | 19,002,757.00 | 0.09 |
| 92328MAA1 | Venture Global Calcasieu Pass Llc | VENTGL | 3.88 | 08/15/2029 | 19,005,000.00 | 18,206,841.00 | 0.09 |
| 92328MAE3 | Venture Global Calcasieu Pass Llc | VENTGL | 6.25 | 01/15/2030 | 17,650,000.00 | 18,408,458.00 | 0.09 |
| 864486AL9 | Suburban Propane Partners Lp/suburban En | SPH | 5.0 | 06/01/2031 | 19,757,000.00 | 18,788,306.00 | 0.09 |
| 86765KAB5 | Sunoco Lp | SUN | 7.0 | 05/01/2029 | 17,975,000.00 | 18,613,957.00 | 0.09 |
| 853191AC8 | Standard Building Solutions Inc | BMCAUS | 6.25 | 08/01/2033 | 19,600,000.00 | 19,872,338.00 | 0.09 |
| 82453AAB3 | Shift4 Payments Llc / Shift4 Payments Fi | FOUR | 6.75 | 08/15/2032 | 19,240,000.00 | 19,886,548.00 | 0.09 |
| 82088KAJ7 | SHEA Homes Lp / Shea Homes Funding Corp | SHEAHM | 4.75 | 04/01/2029 | 19,834,000.00 | 19,447,807.00 | 0.09 |
| 83613HAL1 | Sound Point Clo Xxi Ltd | SNDPT | 5.61 | 10/26/2031 | 19,778,524.00 | 19,808,619.00 | 0.09 |
| 845467AS8 | Expand Energy Corp | EXE | 5.38 | 03/15/2030 | 18,701,000.00 | 19,015,663.00 | 0.09 |
| 853191AA2 | Standard Building Solutions Inc | BMCAUS | 6.5 | 08/15/2032 | 16,625,000.00 | 17,068,586.00 | 0.08 |
| 87470LAM3 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 6.75 | 03/15/2034 | 16,640,000.00 | 16,477,979.00 | 0.08 |
| 880779BB8 | Terex Corp | TEX | 6.25 | 10/15/2032 | 16,180,000.00 | 16,482,800.00 | 0.08 |
| 91832VAA2 | VOC Escrow Ltd | VIKCRU | 5.0 | 02/15/2028 | 16,450,000.00 | 16,388,312.00 | 0.08 |
| 91327TAC5 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 8.63 | 06/15/2032 | 17,270,000.00 | 16,499,229.00 | 0.08 |
| 914906AV4 | Univision Communications Inc | UVN | 4.5 | 05/01/2029 | 17,932,000.00 | 16,919,345.00 | 0.08 |
| 893830BZ1 | Transocean International Ltd | RIG | 8.5 | 05/15/2031 | 16,445,000.00 | 16,116,100.00 | 0.08 |
| BL3169069 | CSC Holdings Llc | CSCHLD | 8.75 | 04/15/2027 | 17,760,079.00 | 17,144,017.00 | 0.08 |
| BL4295970 | Viasat Inc | VSAT | 8.75 | 05/30/2030 | 16,380,539.00 | 16,093,879.00 | 0.08 |
| BNZHNG3 | Bellis Acquisition Co Plc | ASSDLN | 8.13 | 05/14/2030 | 14,002,000.00 | 17,960,342.00 | 0.08 |
| BQ0G6D4 | Bellis Acquisition Co Plc | ASSDLN | 8.0 | 07/01/2031 | 13,465,000.00 | 16,006,190.00 | 0.08 |
| BL4938413 | Venator Finance Sarl | VNTR | 6.3 | 07/16/2026 | 21,474,462.00 | 16,105,846.00 | 0.08 |
| 97382BAB5 | Windstream Services Llc | UNIT | 7.5 | 10/15/2033 | 16,185,000.00 | 16,181,103.00 | 0.08 |
| 983133AD1 | WYNN Resorts Finance Llc / Wynn Resorts | WYNFIN | 6.25 | 03/15/2033 | 17,519,000.00 | 17,806,093.00 | 0.08 |
| B8ADV7QN5 | Cornerstone Chem Co | — | 8.7 | 05/02/2029 | 16,687,008.00 | 16,687,007.00 | 0.08 |
| B8AC8DDQ7 | Venator Fin Sarl | — | 14.32 | 12/31/2025 | 21,357,397.00 | 16,018,048.00 | 0.08 |
| 20752TAB0 | Connect Finco Sarl / Connect Us Finco Ll | ISATLN | 9.0 | 09/15/2029 | 16,430,000.00 | 17,277,788.00 | 0.08 |
| 18064PAD1 | Clarivate Science Holdings Corp | CLVTSC | 4.88 | 07/01/2029 | 19,046,000.00 | 17,998,460.00 | 0.08 |
| 185899AP6 | Cleveland-cliffs Inc | CLF | 7.0 | 03/15/2032 | 16,075,000.00 | 16,251,891.00 | 0.08 |
| 185899AQ4 | Cleveland-cliffs Inc | CLF | 6.88 | 11/01/2029 | 16,560,000.00 | 16,887,681.00 | 0.08 |
| 36170JAA4 | GGAM Finance Ltd | GGAMFI | 8.0 | 06/15/2028 | 16,500,000.00 | 17,482,575.00 | 0.08 |
| 38016LAC9 | GO Daddy Operating Co Llc / Gd Finance C | GDDY | 3.5 | 03/01/2029 | 17,687,000.00 | 16,767,687.00 | 0.08 |
| 29273VAM2 | Energy Transfer Lp | ET | 7.13 | 05/15/2174 | 17,145,000.00 | 17,749,466.00 | 0.08 |
| 05480AAA3 | Azorra Finance Ltd | AZORRA | 7.75 | 04/15/2030 | 16,305,000.00 | 17,099,868.00 | 0.08 |
| 02352NAA7 | AMER Sports Co | AS | 6.75 | 02/16/2031 | 15,657,000.00 | 16,305,669.00 | 0.08 |
| 11283YAB6 | Brookfield Residential Properties Inc / | BRPCN | 6.25 | 09/15/2027 | 16,193,000.00 | 16,150,574.00 | 0.08 |
| 097751BV2 | Bombardier Inc | BBDBCN | 7.13 | 06/15/2026 | 17,411,000.00 | 17,400,118.00 | 0.08 |
| 07556QBU8 | Beazer Homes Usa Inc | BZH | 7.5 | 03/15/2031 | 16,350,000.00 | 16,598,587.00 | 0.08 |
| 668771AM0 | GEN Digital Inc | GEN | 6.25 | 04/01/2033 | 16,680,000.00 | 17,085,693.00 | 0.08 |
| 682691AH3 | Onemain Finance Corp | OMF | 6.63 | 05/15/2029 | 16,300,000.00 | 16,774,786.00 | 0.08 |
| 703343AH6 | Patrick Industries Inc | PATK | 6.38 | 11/01/2032 | 16,240,000.00 | 16,469,593.00 | 0.08 |
| 77311WAB7 | Rocket Cos Inc | RKT | 6.38 | 08/01/2033 | 17,540,000.00 | 18,118,986.00 | 0.08 |
| 527298CD3 | Level 3 Financing Inc | LVLT | 4.5 | 04/01/2030 | 19,230,000.00 | 17,604,633.00 | 0.08 |
| 531968AB1 | Light & Wonder International Inc | LNW | 6.25 | 10/01/2033 | 16,935,000.00 | 16,961,619.00 | 0.08 |
| 52109SAB5 | LBM Acquisition Llc | USLBMH | 9.5 | 06/15/2031 | 15,805,000.00 | 16,665,693.00 | 0.08 |
| 576485AG1 | Matador Resources Co | MTDR | 6.5 | 04/15/2032 | 16,635,000.00 | 16,825,705.00 | 0.08 |
| 62886EAY4 | NCR Voyix Corp | VYX | 5.0 | 10/01/2028 | 17,670,000.00 | 17,406,654.00 | 0.08 |
| 629377DC3 | NRG Energy Inc | NRG | 5.75 | 01/15/2034 | 17,950,000.00 | 17,930,468.00 | 0.08 |
| 469815AK0 | Jacobs Entertainment Inc | JACENT | 6.75 | 02/15/2029 | 17,435,000.00 | 17,009,039.00 | 0.08 |
| 469815AL8 | Jacobs Entertainment Inc | JACENT | 6.75 | 02/15/2029 | 16,535,000.00 | 16,058,509.00 | 0.08 |
| 50050NAA1 | Kontoor Brands Inc | KTB | 4.13 | 11/15/2029 | 16,960,000.00 | 16,095,681.00 | 0.08 |
| 42704LAG9 | HERC Holdings Inc | HRI | 7.25 | 06/15/2033 | 16,125,000.00 | 16,847,625.00 | 0.08 |
| 398433AP7 | Griffon Corp | GFF | 5.75 | 03/01/2028 | 15,195,000.00 | 15,186,139.00 | 0.07 |
| 380355AM9 | Goeasy Ltd | GSYCN | 6.88 | 05/15/2030 | 14,545,000.00 | 14,472,275.00 | 0.07 |
| 384701AA6 | Graham Packaging Co Inc | GRMPAC | 7.13 | 08/15/2028 | 14,205,000.00 | 14,222,399.00 | 0.07 |
| 431318AY0 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.0 | 04/15/2030 | 15,606,000.00 | 15,379,651.00 | 0.07 |
| 442722AD6 | Howard Midstream Energy Partners Llc | HOWARD | 6.63 | 01/15/2034 | 14,820,000.00 | 15,120,240.00 | 0.07 |
| 46150DAA0 | Inversion Escrow Issuer Llc | SOLEIN | 6.75 | 08/01/2032 | 15,975,000.00 | 15,746,753.00 | 0.07 |
| 50168QAC9 | LABL Inc | LABL | 5.88 | 11/01/2028 | 18,740,000.00 | 14,526,544.00 | 0.07 |
| 465965AC5 | JB Poindexter & Co Inc | JBPOIN | 8.75 | 12/15/2031 | 14,819,000.00 | 15,541,653.00 | 0.07 |
| 47232MAF9 | Jefferies Finance Llc / Jfin Co-issuer C | JEFFIN | 5.0 | 08/15/2028 | 15,850,000.00 | 15,321,920.00 | 0.07 |
| 55609NAD0 | Macquarie Airfinance Holdings Ltd | MCAIRH | 6.5 | 03/26/2031 | 14,787,000.00 | 15,822,684.00 | 0.07 |
| 50168QAF2 | LABL Inc | LABL | 8.63 | 10/01/2031 | 20,825,000.00 | 15,303,104.00 | 0.07 |
| 536797AJ2 | Lithia Motors Inc | LAD | 5.5 | 10/01/2030 | 14,140,000.00 | 14,122,757.00 | 0.07 |
| 76884GAA3 | Rivers Enterprise Lender Llc / Rivers En | RIVLEN | 6.25 | 10/15/2030 | 14,860,000.00 | 14,997,262.00 | 0.07 |
| 78466CAC0 | SS&C Technologies Inc | SSNC | 5.5 | 09/30/2027 | 15,200,000.00 | 15,199,696.00 | 0.07 |
| 775631AD6 | Roller Bearing Co Of America Inc | RBC | 4.38 | 10/15/2029 | 16,098,000.00 | 15,652,206.00 | 0.07 |
| 780153BK7 | Royal Caribbean Cruises Ltd | RCL | 5.38 | 07/15/2027 | 14,200,000.00 | 14,325,013.00 | 0.07 |
| 71880KAA9 | Phinia Inc | PHIN | 6.75 | 04/15/2029 | 15,040,000.00 | 15,515,601.00 | 0.07 |
| 70052LAD5 | PARK Intermediate Holdings Llc / Pk Dome | PK | 7.0 | 02/01/2030 | 15,125,000.00 | 15,586,361.00 | 0.07 |
| 651229AY2 | Newell Brands Inc | NWL | 7.0 | 04/01/2046 | 15,750,000.00 | 13,918,442.00 | 0.07 |
| 651229BF2 | Newell Brands Inc | NWL | 6.38 | 05/15/2030 | 15,850,000.00 | 15,708,696.00 | 0.07 |
| 62957HAQ8 | Nabors Industries Inc | NBR | 8.88 | 08/15/2031 | 16,660,000.00 | 15,518,734.00 | 0.07 |
| 645370AF4 | NEW Home Co Inc/the | NWHM | 9.25 | 10/01/2029 | 15,005,000.00 | 15,772,571.00 | 0.07 |
| 097751CB5 | Bombardier Inc | BBDBCN | 7.25 | 07/01/2031 | 13,940,000.00 | 14,777,794.00 | 0.07 |
| 071734AH0 | Bausch Health Cos Inc | BHCCN | 5.0 | 01/30/2028 | 17,149,000.00 | 14,705,267.00 | 0.07 |
| 126307BA4 | CSC Holdings Llc | CSCHLD | 5.75 | 01/15/2030 | 36,442,000.00 | 13,879,236.00 | 0.07 |
| 018581AQ1 | Bread Financial Holdings Inc | BFH | 8.38 | 06/15/2035 | 14,190,000.00 | 14,561,486.00 | 0.07 |
| 00737WAA7 | Adtalem Global Education Inc | ATGE | 5.5 | 03/01/2028 | 14,179,000.00 | 14,149,572.00 | 0.07 |
| 05464CAC5 | AXON Enterprise Inc | AXON | 6.13 | 03/15/2030 | 13,950,000.00 | 14,341,149.00 | 0.07 |
| 04364VAX1 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 6.63 | 10/15/2032 | 15,150,000.00 | 15,468,616.00 | 0.07 |
| 04364VBA0 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 6.63 | 07/15/2033 | 14,885,000.00 | 15,131,632.00 | 0.07 |
| 335934AX3 | First Quantum Minerals Ltd | FMCN | 7.25 | 02/15/2034 | 14,230,000.00 | 14,660,457.00 | 0.07 |
| 37954FAJ3 | Global Partners Lp / Glp Finance Corp | GLP | 6.88 | 01/15/2029 | 15,486,000.00 | 15,656,067.00 | 0.07 |
| 37954FAK0 | Global Partners Lp / Glp Finance Corp | GLP | 8.25 | 01/15/2032 | 13,750,000.00 | 14,511,195.00 | 0.07 |
| 36268NAA8 | Boost Newco Borrower Llc | WRLDPY | 7.5 | 01/15/2031 | 14,825,000.00 | 15,730,309.00 | 0.07 |
| 35908MAA8 | Frontier Communications Holdings Llc | FYBR | 5.88 | 11/01/2029 | 15,425,000.00 | 15,597,062.00 | 0.07 |
| 172967PR6 | Citigroup Inc | C | 6.75 | 02/15/2173 | 13,910,000.00 | 14,130,133.00 | 0.07 |
| 15853BAA9 | Champion Iron Canada Inc | CIACN | 7.88 | 07/15/2032 | 14,545,000.00 | 15,203,306.00 | 0.07 |
| 98313RAD8 | WYNN Macau Ltd | WYNMAC | 5.5 | 10/01/2027 | 14,965,000.00 | 14,957,517.00 | 0.07 |
| 98877DAH8 | ZF North America Capital Inc | ZFFNGR | 7.5 | 03/24/2031 | 14,185,000.00 | 14,089,534.00 | 0.07 |
| 947075AW7 | Weatherford International Ltd | WFRD | 6.75 | 10/15/2033 | 15,050,000.00 | 15,064,297.00 | 0.07 |
| 92676XAF4 | Viking Cruises Ltd | VIKCRU | 7.0 | 02/15/2029 | 14,225,000.00 | 14,296,125.00 | 0.07 |
| BL4938314 | Diamond Sports Net Llc | DSPORT | 10.32 | 01/02/2028 | 17,157,879.00 | 14,927,354.00 | 0.07 |
| BL4993855 | MPH Acquisition Holdings | MLTPLN | 7.32 | 12/31/2030 | 15,268,488.00 | 15,230,316.00 | 0.07 |
| BL5184058 | Allied Universal Holdco Llc | UNSEAM | 8.07 | 08/20/2032 | 15,475,000.00 | 15,522,833.00 | 0.07 |
| BL5229192 | NCR Atleos Corp | NCRATL | 3.0 | 04/16/2029 | 14,986,667.00 | 14,986,666.00 | 0.07 |
| BL3838671 | Rainbow Uk Bidco Ltd | WELLAC | 8.47 | 02/23/2029 | 11,625,000.00 | 15,582,352.00 | 0.07 |
| BL3925031 | IRIS Holding Inc | ITPCN | 9.16 | 06/28/2028 | 16,229,346.00 | 15,722,179.00 | 0.07 |
| 893647BW6 | Transdigm Inc | TDG | 6.0 | 01/15/2033 | 14,725,000.00 | 14,888,303.00 | 0.07 |
| 91282CKS9 | United States Treasury Note/bond | T | 4.88 | 05/31/2026 | 15,000,000.00 | 15,099,609.00 | 0.07 |
| 922966AC0 | Venture Global Plaquemines Lng Llc | VEGLPL | 6.5 | 01/15/2034 | 14,120,000.00 | 14,885,637.00 | 0.07 |
| 922966AD8 | Venture Global Plaquemines Lng Llc | VEGLPL | 6.75 | 01/15/2036 | 14,120,000.00 | 15,012,287.00 | 0.07 |
| 87470LAK7 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 6.0 | 09/01/2031 | 14,603,000.00 | 14,286,760.00 | 0.07 |
| 87724RAB8 | Taylor Morrison Communities Inc | TMHC | 5.75 | 01/15/2028 | 13,944,000.00 | 14,143,883.00 | 0.07 |
| 85571BBD6 | Starwood Property Trust Inc | STWD | 6.5 | 07/01/2030 | 14,125,000.00 | 14,618,771.00 | 0.07 |
| 853496AH0 | Standard Industries Inc/ny | BMCAUS | 3.38 | 01/15/2031 | 16,229,000.00 | 14,687,692.00 | 0.07 |
| 852234AT0 | Block Inc | XYZ | 5.63 | 08/15/2030 | 15,710,000.00 | 15,912,674.00 | 0.07 |
| 852234AU7 | Block Inc | XYZ | 6.0 | 08/15/2033 | 11,620,000.00 | 11,904,253.00 | 0.06 |
| 85236FAA1 | Smyrna Ready Mix Concrete Llc | SMYREA | 6.0 | 11/01/2028 | 13,829,000.00 | 13,831,602.00 | 0.06 |
| 83304AAL0 | SNAP Inc | SNAP | 6.88 | 03/01/2033 | 12,029,000.00 | 12,306,850.00 | 0.06 |
| 87470LAG6 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 6.0 | 03/01/2027 | 12,884,000.00 | 12,884,000.00 | 0.06 |
| 89055FAB9 | Topbuild Corp | BLD | 3.63 | 03/15/2029 | 13,983,000.00 | 13,411,128.00 | 0.06 |
| 92328MAB9 | Venture Global Calcasieu Pass Llc | VENTGL | 4.13 | 08/15/2031 | 14,185,000.00 | 13,394,510.00 | 0.06 |
| 92332YAE1 | Venture Global Lng Inc | VENLNG | 7.0 | 01/15/2030 | 11,445,000.00 | 11,845,345.00 | 0.06 |
| 914906AY8 | Univision Communications Inc | UVN | 8.0 | 08/15/2028 | 12,640,000.00 | 13,094,272.00 | 0.06 |
| 91889FAC5 | Valaris Ltd | VAL | 8.38 | 04/30/2030 | 11,475,000.00 | 11,883,165.00 | 0.06 |
| 903522AB6 | UWM Holdings Llc | UWMC | 6.25 | 03/15/2031 | 12,615,000.00 | 12,557,152.00 | 0.06 |
| 893830BX6 | Transocean International Ltd | RIG | 8.75 | 02/15/2030 | 11,362,500.00 | 11,944,828.00 | 0.06 |
| 89055FAD5 | Topbuild Corp | BLD | 5.63 | 01/31/2034 | 13,625,000.00 | 13,576,248.00 | 0.06 |
| BL4691277 | Kronos Acquisition Holdi | KIKCN | 8.3 | 07/08/2031 | 16,384,500.00 | 12,050,799.00 | 0.06 |
| BL4871549 | Olympus Wtr Us Hldg Corp | SOLEIN | 7.32 | 06/20/2031 | 13,490,189.00 | 13,338,424.00 | 0.06 |
| BL4993863 | MPH Acquisition Holdings | MLTPLN | 8.06 | 12/31/2030 | 14,611,550.00 | 13,406,096.00 | 0.06 |
| BL5147105 | CP Atlas Buyer Inc | AMBATH | 6.83 | 07/08/2030 | 13,250,000.00 | 12,802,812.00 | 0.06 |
| BL4922748 | Graftech Global Enterpri | EAF | 8.43 | 11/11/2029 | 13,305,854.00 | 13,538,706.00 | 0.06 |
| 92676XAH0 | Viking Cruises Ltd | VIKCRU | 5.88 | 10/15/2033 | 13,710,000.00 | 13,727,137.00 | 0.06 |
| 96208TAD6 | WEX Inc | WEX | 6.5 | 03/15/2033 | 13,452,000.00 | 13,751,981.00 | 0.06 |
| 98927UAA5 | Zegona Finance Plc | ZEGLN | 8.63 | 07/15/2029 | 11,205,000.00 | 11,928,618.00 | 0.06 |
| 15089QAW4 | Celanese Us Holdings Llc | CE | 6.85 | 11/15/2028 | 11,327,000.00 | 11,752,341.00 | 0.06 |
| 184496AR8 | Clean Harbors Inc | CLH | 5.75 | 10/15/2033 | 11,840,000.00 | 11,946,314.00 | 0.06 |
| 18589GAA3 | Cleveland-cliffs Inc | CLF | 7.63 | 01/15/2034 | 11,660,000.00 | 12,014,946.00 | 0.06 |
| 235825AG1 | DANA Inc | DAN | 5.63 | 06/15/2028 | 13,274,000.00 | 13,272,389.00 | 0.06 |
| 345397E58 | FORD Motor Credit Co Llc | F | 5.8 | 03/08/2029 | 12,500,000.00 | 12,686,591.00 | 0.06 |
| 29362UAC8 | Entegris Inc | ENTG | 4.38 | 04/15/2028 | 13,425,000.00 | 13,133,655.00 | 0.06 |
| 28228PAC5 | EG Global Finance Plc | EGBLFN | 12.0 | 11/30/2028 | 12,149,000.00 | 13,325,387.00 | 0.06 |
| 045086AK1 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 6.63 | 01/15/2028 | 11,883,000.00 | 11,935,294.00 | 0.06 |
| 05480AAB1 | Azorra Finance Ltd | AZORRA | 7.25 | 01/15/2031 | 12,470,000.00 | 12,984,387.00 | 0.06 |
| 030981AL8 | Amerigas Partners Lp / Amerigas Finance | APU | 5.75 | 05/20/2027 | 12,042,000.00 | 12,039,014.00 | 0.06 |
| 02406PAU4 | American Axle & Manufacturing Inc | AXL | 6.5 | 04/01/2027 | 13,174,000.00 | 13,179,250.00 | 0.06 |
| 02406PBC3 | American Axle & Manufacturing Inc | AXL | 6.38 | 10/15/2032 | 13,890,000.00 | 13,866,218.00 | 0.06 |
| 03881NAJ6 | Arbor Realty Sr Inc | ABR | 7.88 | 07/15/2030 | 12,555,000.00 | 13,202,105.00 | 0.06 |
| 00489LAM5 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 8.5 | 06/15/2029 | 12,634,000.00 | 13,278,322.00 | 0.06 |
| 00687YAB1 | Adient Global Holdings Ltd | ADNT | 7.0 | 04/15/2028 | 12,375,000.00 | 12,673,361.00 | 0.06 |
| 00175PAD5 | AMN Healthcare Inc | AMN | 6.5 | 01/15/2031 | 12,530,000.00 | 12,521,766.00 | 0.06 |
| 02128LAC0 | ALTA Equipment Group Inc | ALTG | 9.0 | 06/01/2029 | 12,780,000.00 | 11,942,464.00 | 0.06 |
| 12653CAL2 | CNX Resources Corp | CNX | 7.25 | 03/01/2032 | 12,400,000.00 | 12,872,353.00 | 0.06 |
| 097751CC3 | Bombardier Inc | BBDBCN | 7.0 | 06/01/2032 | 12,815,000.00 | 13,391,675.00 | 0.06 |
| 097023DG7 | Boeing Co/the | BA | 2.2 | 02/04/2026 | 13,425,000.00 | 13,324,662.00 | 0.06 |
| 071734AL1 | Bausch Health Cos Inc | BHCCN | 5.25 | 02/15/2031 | 18,167,000.00 | 11,899,385.00 | 0.06 |
| 64438WAA5 | NEW Flyer Holdings Inc | NFICN | 9.25 | 07/01/2030 | 11,500,000.00 | 12,309,255.00 | 0.06 |
| 670001AL0 | Novelis Corp | HNDLIN | 6.88 | 01/30/2030 | 11,725,000.00 | 12,145,887.00 | 0.06 |
| 670001AN6 | Novelis Corp | HNDLIN | 6.38 | 08/15/2033 | 12,800,000.00 | 12,932,642.00 | 0.06 |
| 69354NAD8 | PRA Group Inc | PRAA | 5.0 | 10/01/2029 | 13,083,000.00 | 12,188,650.00 | 0.06 |
| 71424VAA8 | Permian Resources Operating Llc | PR | 7.0 | 01/15/2032 | 12,525,000.00 | 13,014,436.00 | 0.06 |
| 71424VAB6 | Permian Resources Operating Llc | PR | 6.25 | 02/01/2033 | 11,800,000.00 | 12,023,075.00 | 0.06 |
| 737446AP9 | POST Holdings Inc | POST | 5.5 | 12/15/2029 | 12,350,000.00 | 12,322,598.00 | 0.06 |
| 78410GAG9 | SBA Communications Corp | SBAC | 3.13 | 02/01/2029 | 13,545,000.00 | 12,681,661.00 | 0.06 |
| 516806AK2 | Vital Energy Inc | VTLE | 7.88 | 04/15/2032 | 13,200,000.00 | 12,810,163.00 | 0.06 |
| 603051AF0 | Mineral Resources Ltd | MINAU | 7.0 | 04/01/2031 | 12,430,000.00 | 12,591,838.00 | 0.06 |
| 47232MAG7 | Jefferies Finance Llc / Jfin Co-issuer C | JEFFIN | 6.63 | 10/15/2031 | 11,800,000.00 | 11,883,828.00 | 0.06 |
| 45344LAG8 | Crescent Energy Finance Llc | CRGYFN | 8.38 | 01/15/2034 | 12,310,000.00 | 12,504,451.00 | 0.06 |
| 48666KAX7 | KB Home | KBH | 6.88 | 06/15/2027 | 12,836,000.00 | 13,119,506.00 | 0.06 |
| 432833AP6 | Hilton Domestic Operating Co Inc | HLT | 5.88 | 04/01/2029 | 13,100,000.00 | 13,366,974.00 | 0.06 |
| 422704AH9 | Hecla Mining Co | HL | 7.25 | 02/15/2028 | 11,857,000.00 | 11,953,024.00 | 0.06 |
| 38141GC28 | Goldman Sachs Group Inc/the | GS | 6.85 | 08/10/2174 | 11,305,000.00 | 11,756,835.00 | 0.06 |
| 404119AJ8 | HCA Inc | HCA | 7.5 | 11/06/2033 | 11,800,000.00 | 13,560,795.00 | 0.06 |
| 380355AJ6 | Goeasy Ltd | GSYCN | 7.63 | 07/01/2029 | 11,225,000.00 | 11,381,701.00 | 0.05 |
| 389286AA3 | GRAY Media Inc | GTN | 5.38 | 11/15/2031 | 14,455,000.00 | 10,856,806.00 | 0.05 |
| 389375AN6 | GRAY Media Inc | GTN | 9.63 | 07/15/2032 | 10,695,000.00 | 10,920,767.00 | 0.05 |
| 50106GAG7 | Kronos Acquisition Holdings Inc | KIKCN | 8.25 | 06/30/2031 | 14,845,000.00 | 11,549,916.00 | 0.05 |
| 449691AF1 | MAYA Sas/paris France | ILDFP | 8.5 | 04/15/2031 | 10,550,000.00 | 11,292,192.00 | 0.05 |
| 62909BAA5 | NFE Financing Llc | NFE | 12.0 | 11/15/2029 | 33,715,000.00 | 9,890,167.00 | 0.05 |
| 59151LAA4 | Methanex Us Operations Inc | MXCN | 6.25 | 03/15/2032 | 11,258,000.00 | 11,454,746.00 | 0.05 |
| 62886HBZ3 | NCL Corp Ltd | NCLH | 6.25 | 09/15/2033 | 10,070,000.00 | 10,120,350.00 | 0.05 |
| 521088AC8 | LD Holdings Group Llc | LNDPT | 6.13 | 04/01/2028 | 10,499,000.00 | 9,719,045.00 | 0.05 |
| 53219LAY5 | Lifepoint Health Inc | RGCARE | 8.38 | 02/15/2032 | 10,494,000.00 | 11,182,822.00 | 0.05 |
| 527298CH4 | Level 3 Financing Inc | LVLT | 4.0 | 04/15/2031 | 12,239,000.00 | 10,570,055.00 | 0.05 |
| 7846ELAE7 | SNF Group Saca | SNFF | 3.38 | 03/15/2030 | 12,150,000.00 | 11,271,919.00 | 0.05 |
| 81180LAA3 | Seagate Data Storage Technology Pte Ltd | STX | 5.88 | 07/15/2030 | 10,330,000.00 | 10,536,600.00 | 0.05 |
| 74913G873 | Qwest Corp | CTL | 6.75 | 06/15/2057 | 500,546.00 | 10,286,220.00 | 0.05 |
| 77340RAU1 | Rockies Express Pipeline Llc | ROCKIE | 6.75 | 03/15/2033 | 11,035,000.00 | 11,520,541.00 | 0.05 |
| 74052HAB0 | Premier Entertainment Sub Llc / Premier | BALY | 5.88 | 09/01/2031 | 22,525,000.00 | 11,719,216.00 | 0.05 |
| 74825NAA5 | QXO Building Products Inc | BECN | 6.75 | 04/30/2032 | 10,290,000.00 | 10,684,337.00 | 0.05 |
| 737446AX2 | POST Holdings Inc | POST | 6.25 | 10/15/2034 | 10,590,000.00 | 10,712,827.00 | 0.05 |
| 703343AD5 | Patrick Industries Inc | PATK | 4.75 | 05/01/2029 | 11,755,000.00 | 11,514,596.00 | 0.05 |
| 70932MAH0 | Pennymac Financial Services Inc | PFSI | 6.75 | 02/15/2034 | 11,380,000.00 | 11,613,143.00 | 0.05 |
| 70932MAC1 | Pennymac Financial Services Inc | PFSI | 5.75 | 09/15/2031 | 10,199,000.00 | 10,120,880.00 | 0.05 |
| 69306RAB2 | P&L Development Llc / Pld Finance Corp | PLDEVE | 12.0 | 05/15/2029 | 10,040,638.00 | 10,396,212.00 | 0.05 |
| 67777LAD5 | OI European Group Bv | OI | 4.75 | 02/15/2030 | 10,400,000.00 | 9,925,240.00 | 0.05 |
| 645370AG2 | NEW Home Co Inc/the | NWHM | 8.5 | 11/01/2030 | 10,645,000.00 | 11,068,327.00 | 0.05 |
| 63861CAG4 | Nationstar Mortgage Holdings Inc | COOP | 6.5 | 08/01/2029 | 10,922,000.00 | 11,204,365.00 | 0.05 |
| 638962AA8 | NCR Atleos Corp | NCRATL | 9.5 | 04/01/2029 | 10,169,000.00 | 11,010,263.00 | 0.05 |
| 63861CAC3 | Nationstar Mortgage Holdings Inc | COOP | 5.5 | 08/15/2028 | 10,100,000.00 | 10,100,000.00 | 0.05 |
| 097751BT7 | Bombardier Inc | BBDBCN | 7.88 | 04/15/2027 | 10,694,000.00 | 10,716,992.00 | 0.05 |
| 071734AD9 | Bausch Health Cos Inc | BHCCN | 7.0 | 01/15/2028 | 11,113,000.00 | 9,890,570.00 | 0.05 |
| 126307AY3 | CSC Holdings Llc | CSCHLD | 7.5 | 04/01/2028 | 14,847,000.00 | 10,761,570.00 | 0.05 |
| 105340AT0 | Brandywine Operating Partnership Lp | BDN | 6.13 | 01/15/2031 | 10,360,000.00 | 10,340,769.00 | 0.05 |
| 12511VAA6 | Churchill Downs Inc | CHDN | 5.75 | 04/01/2030 | 11,012,000.00 | 11,012,000.00 | 0.05 |
| 013092AC5 | Albertsons Cos Inc / Safeway Inc / New A | ACI | 4.63 | 01/15/2027 | 11,776,000.00 | 11,712,830.00 | 0.05 |
| 039853AA4 | Ardonagh Finco Ltd | ARDGRP | 7.75 | 02/15/2031 | 10,735,000.00 | 11,215,391.00 | 0.05 |
| 030981AP9 | Amerigas Partners Lp / Amerigas Finance | APU | 9.5 | 06/01/2030 | 11,085,000.00 | 11,608,740.00 | 0.05 |
| 05464CAD3 | AXON Enterprise Inc | AXON | 6.25 | 03/15/2033 | 10,885,000.00 | 11,240,040.00 | 0.05 |
| 292554AR3 | Encore Capital Group Inc | ECPG | 8.5 | 05/15/2030 | 9,385,000.00 | 9,976,282.00 | 0.05 |
| 292554AS1 | Encore Capital Group Inc | ECPG | 6.63 | 04/15/2031 | 10,370,000.00 | 10,336,443.00 | 0.05 |
| 26154DAB6 | Dream Finders Homes Inc | DFH | 6.88 | 09/15/2030 | 10,290,000.00 | 10,352,483.00 | 0.05 |
| 35641AAA6 | Freedom Mortgage Holdings Llc | FREMOR | 9.25 | 02/01/2029 | 10,750,000.00 | 11,336,602.00 | 0.05 |
| 35641AAC2 | Freedom Mortgage Holdings Llc | FREMOR | 8.38 | 04/01/2032 | 11,056,000.00 | 11,585,041.00 | 0.05 |
| 37954FAL8 | Global Partners Lp / Glp Finance Corp | GLP | 7.13 | 07/01/2033 | 9,670,000.00 | 9,922,452.00 | 0.05 |
| 25260WAD3 | Diamond Foreign Asset Co / Diamond Finan | DO | 8.5 | 10/01/2030 | 10,815,000.00 | 11,434,375.00 | 0.05 |
| 235825AF3 | DANA Inc | DAN | 5.38 | 11/15/2027 | 10,775,000.00 | 10,769,114.00 | 0.05 |
| 156431AS7 | Century Aluminum Co | CENX | 6.88 | 08/01/2032 | 9,990,000.00 | 10,360,169.00 | 0.05 |
| 14071LAA6 | Capstone Copper Corp | CAPCOP | 6.75 | 03/31/2033 | 10,635,000.00 | 10,938,310.00 | 0.05 |
| 17327CBC6 | Citigroup Inc | C | 6.88 | 11/15/2173 | 9,917,000.00 | 10,229,505.00 | 0.05 |
| 16115QAG5 | Chart Industries Inc | GTLS | 9.5 | 01/01/2031 | 9,549,000.00 | 10,223,730.00 | 0.05 |
| 16308NAA2 | Olympus Water Us Holding Corp | SOLEIN | 7.13 | 10/01/2027 | 11,107,000.00 | 11,310,103.00 | 0.05 |
| 95081QAQ7 | Wesco Distribution Inc | WCC | 6.38 | 03/15/2029 | 10,720,000.00 | 11,038,243.00 | 0.05 |
| 95081QAR5 | Wesco Distribution Inc | WCC | 6.63 | 03/15/2032 | 11,180,000.00 | 11,631,832.00 | 0.05 |
| 94107JAC7 | Waste Pro Usa Inc | WASPRO | 7.0 | 02/01/2033 | 10,095,000.00 | 10,485,495.00 | 0.05 |
| 92840VAA0 | Vistra Operations Co Llc | VST | 5.5 | 09/01/2026 | 9,690,000.00 | 9,687,858.00 | 0.05 |
| BL4912756 | Iheartcommunications Inc | IHRT | 7.57 | 05/01/2029 | 13,324,312.00 | 11,525,530.00 | 0.05 |
| BL4990463 | GFL Es Us Llc | GFLES | 8.3 | 03/03/2032 | 9,900,000.00 | 9,891,753.00 | 0.05 |
| 893647BP1 | Transdigm Inc | TDG | 4.63 | 01/15/2029 | 10,830,000.00 | 10,608,928.00 | 0.05 |
| 893647BR7 | Transdigm Inc | TDG | 6.75 | 08/15/2028 | 10,000,000.00 | 10,202,391.00 | 0.05 |
| 91282CEF4 | United States Treasury Note/bond | T | 2.5 | 03/31/2027 | 10,750,000.00 | 10,569,433.00 | 0.05 |
| 87470LAJ0 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 6.0 | 12/31/2030 | 10,702,000.00 | 10,569,852.00 | 0.05 |
| 876511AG1 | Taseko Mines Ltd | TKOCN | 8.25 | 05/01/2030 | 9,335,000.00 | 9,883,431.00 | 0.05 |
| 86765KAA7 | Sunoco Lp / Sunoco Finance Corp | SUN | 7.0 | 09/15/2028 | 10,453,000.00 | 10,772,379.00 | 0.05 |
| 86765KAD1 | Sunoco Lp | SUN | 6.25 | 07/01/2033 | 10,685,000.00 | 10,874,532.00 | 0.05 |
| 85571BAY1 | Starwood Property Trust Inc | STWD | 4.38 | 01/15/2027 | 9,700,000.00 | 9,618,334.00 | 0.05 |
| 83443QAA1 | Solstice Advanced Materials Inc | SOLADV | 5.63 | 09/30/2033 | 10,020,000.00 | 10,047,792.00 | 0.05 |
| 853496AD9 | Standard Industries Inc/ny | BMCAUS | 4.75 | 01/15/2028 | 9,883,000.00 | 9,801,687.00 | 0.05 |
| 852060AD4 | Sprint Capital Corp | S | 6.88 | 11/15/2028 | 8,771,000.00 | 9,433,317.00 | 0.04 |
| 83304AAM8 | SNAP Inc | SNAP | 6.88 | 03/15/2034 | 8,220,000.00 | 8,330,569.00 | 0.04 |
| 845467AT6 | Expand Energy Corp | EXE | 4.75 | 02/01/2032 | 8,695,000.00 | 8,547,733.00 | 0.04 |
| 749571AG0 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 4.5 | 02/15/2029 | 7,700,000.00 | 7,549,571.00 | 0.04 |
| 81725WAK9 | Sensata Technologies Bv | ST | 4.0 | 04/15/2029 | 9,150,000.00 | 8,781,895.00 | 0.04 |
| 81728UAB0 | Sensata Technologies Inc | ST | 3.75 | 02/15/2031 | 8,175,000.00 | 7,549,610.00 | 0.04 |
| 86765KAF6 | Sunoco Lp | SUN | 5.63 | 03/15/2031 | 8,350,000.00 | 8,290,738.00 | 0.04 |
| 88642RAE9 | Tidewater Inc | TDW | 9.13 | 07/15/2030 | 8,910,000.00 | 9,549,981.00 | 0.04 |
| 902104AC2 | Coherent Corp | COHR | 5.0 | 12/15/2029 | 9,140,000.00 | 9,020,549.00 | 0.04 |
| 903522AA8 | UWM Holdings Llc | UWMC | 6.63 | 02/01/2030 | 8,120,000.00 | 8,260,565.00 | 0.04 |
| 92047WAG6 | Valvoline Inc | VVV | 3.63 | 06/15/2031 | 8,935,000.00 | 8,183,502.00 | 0.04 |
| BL4990380 | Hilcorp Energy I Lp | HILCRP | 6.37 | 02/11/2030 | 9,302,003.00 | 9,309,751.00 | 0.04 |
| BL4985588 | Athenahealth Group Inc | ATHENA | 8.31 | 02/15/2029 | 9,544,718.00 | 9,514,040.00 | 0.04 |
| BL4964328 | NCR Atleos Corp | NCRATL | 7.03 | 09/27/2028 | 8,072,293.00 | 7,991,570.00 | 0.04 |
| BL4922755 | Graftech Global Enterpri | EAF | — | 12/21/2029 | 7,603,345.00 | 7,736,403.00 | 0.04 |
| BL4916088 | SWF Holdings I Corp | SPRIND | 8.82 | 10/06/2028 | 9,438,207.00 | 7,762,925.00 | 0.04 |
| BL4799260 | Xplore Inc/nb | BARXPL | 9.43 | 10/24/2029 | 8,468,139.00 | 7,960,050.00 | 0.04 |
| BL4587764 | Magnera Corp | MAGN | 8.45 | 11/04/2031 | 8,707,709.00 | 8,631,516.00 | 0.04 |
| BL4045797 | Tenneco Inc | TENINC | 9.3 | 11/17/2028 | 8,705,000.00 | 8,511,557.00 | 0.04 |
| 95081QAS3 | Wesco Distribution Inc | WCC | 6.38 | 03/15/2033 | 8,060,000.00 | 8,354,301.00 | 0.04 |
| 95002YAC7 | Wells Fargo & Co | WFC | 6.85 | 09/15/2174 | 8,550,000.00 | 8,995,846.00 | 0.04 |
| 989207AD7 | Zebra Technologies Corp | ZBRA | 6.5 | 06/01/2032 | 9,030,000.00 | 9,275,189.00 | 0.04 |
| XS27199989 | EG Global Finance Plc | EGBLFN | 11.0 | 11/30/2028 | 7,400,000.00 | 9,502,901.00 | 0.04 |
| 17327CAV5 | Citigroup Inc | C | 6.95 | 05/15/2174 | 8,210,000.00 | 8,434,761.00 | 0.04 |
| 131347CM6 | Calpine Corp | CPN | 4.5 | 02/15/2028 | 8,635,000.00 | 8,601,776.00 | 0.04 |
| 18060TAD7 | Clarios Global Lp / Clarios Us Finance C | POWSOL | 6.75 | 02/15/2030 | 8,485,000.00 | 8,757,368.00 | 0.04 |
| 36170JAE6 | GGAM Finance Ltd | GGAMFI | 5.88 | 03/15/2030 | 8,244,000.00 | 8,357,355.00 | 0.04 |
| 36168QAN4 | GFL Environmental Inc | GFLCN | 4.75 | 06/15/2029 | 9,690,000.00 | 9,549,398.00 | 0.04 |
| 26873CAB8 | Emrld Borrower Lp / Emerald Co-issuer In | EMECLI | 6.75 | 07/15/2031 | 7,900,000.00 | 8,209,979.00 | 0.04 |
| 27034RAA1 | Permian Resources Operating Llc | PR | 8.0 | 04/15/2027 | 9,400,000.00 | 9,556,893.00 | 0.04 |
| 25525PAE7 | Diversified Healthcare Trust | DHC | 7.25 | 10/15/2030 | 8,370,000.00 | 8,508,050.00 | 0.04 |
| 29272WAD1 | Energizer Holdings Inc | ENR | 4.38 | 03/31/2029 | 8,072,000.00 | 7,740,589.00 | 0.04 |
| 29272WAG4 | Energizer Holdings Inc | ENR | 6.0 | 09/15/2033 | 8,825,000.00 | 8,628,695.00 | 0.04 |
| 29365BAA1 | Entegris Inc | ENTG | 4.75 | 04/15/2029 | 7,750,000.00 | 7,684,896.00 | 0.04 |
| 33834YAC2 | FIVE Point Operating Co Lp | FPH | 8.0 | 10/01/2030 | 8,195,000.00 | 8,317,171.00 | 0.04 |
| 345370CQ1 | FORD Motor Co | F | 4.75 | 01/15/2043 | 12,037,000.00 | 9,597,665.00 | 0.04 |
| 02352BAA3 | Amentum Holdings Inc | AMNTEC | 7.25 | 08/01/2032 | 9,075,000.00 | 9,428,774.00 | 0.04 |
| 01741RAN2 | ATI Inc | ATI | 7.25 | 08/15/2030 | 7,760,000.00 | 8,151,189.00 | 0.04 |
| 023771T32 | American Airlines Inc | AAL | 7.25 | 02/15/2028 | 7,795,000.00 | 7,980,491.00 | 0.04 |
| 00489LAF0 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 4.25 | 02/15/2029 | 9,075,000.00 | 8,755,565.00 | 0.04 |
| 00766TAE0 | AECOM | ACM | 6.0 | 08/01/2033 | 7,389,000.00 | 7,557,006.00 | 0.04 |
| 097793AE3 | Civitas Resources Inc | CIVI | 5.0 | 10/15/2026 | 9,000,000.00 | 8,969,121.00 | 0.04 |
| 12597YAC3 | CP Atlas Buyer Inc | AMBATH | 9.75 | 07/15/2030 | 8,615,000.00 | 9,060,009.00 | 0.04 |
| 126307BB2 | CSC Holdings Llc | CSCHLD | 4.13 | 12/01/2030 | 12,965,000.00 | 8,493,035.00 | 0.04 |
| 071734AQ0 | Bausch Health Cos Inc | BHCCN | 11.0 | 09/30/2028 | 8,491,000.00 | 8,864,349.00 | 0.04 |
| 095796AK4 | BLUE Racer Midstream Llc / Blue Racer Fi | BLURAC | 7.25 | 07/15/2032 | 7,890,000.00 | 8,295,298.00 | 0.04 |
| 62957HAJ4 | Nabors Industries Inc | NBR | 7.38 | 05/15/2027 | 9,033,000.00 | 9,171,885.00 | 0.04 |
| 651229BG0 | Newell Brands Inc | NWL | 8.5 | 06/01/2028 | 7,195,000.00 | 7,629,886.00 | 0.04 |
| 64828TAC6 | Rithm Capital Corp | RITM | 8.0 | 07/15/2030 | 8,400,000.00 | 8,606,531.00 | 0.04 |
| 66981QAB2 | Brundage-bone Concrete Pumping Holdings | BBCP | 7.5 | 02/01/2032 | 7,540,000.00 | 7,618,922.00 | 0.04 |
| 674599DU6 | Occidental Petroleum Corp | OXY | 7.95 | 04/15/2029 | 8,558,000.00 | 9,365,739.00 | 0.04 |
| 68245XAH2 | 1011778 Bc Ulc / New Red Finance Inc | BCULC | 3.88 | 01/15/2028 | 8,583,000.00 | 8,379,046.00 | 0.04 |
| 69354NAE6 | PRA Group Inc | PRAA | 8.38 | 02/01/2028 | 7,370,000.00 | 7,556,308.00 | 0.04 |
| 70082LAB3 | PARK River Holdings Inc | PRIMBP | 6.75 | 08/01/2029 | 9,165,000.00 | 9,083,323.00 | 0.04 |
| 682691AL4 | Onemain Finance Corp | OMF | 6.13 | 05/15/2030 | 7,392,000.00 | 7,503,226.00 | 0.04 |
| 69344A206 | PGIM Active High Yield Bond Etf | PHYL | — | — | 225,000.00 | 8,043,750.00 | 0.04 |
| 71880KAB7 | Phinia Inc | PHIN | 6.63 | 10/15/2032 | 8,835,000.00 | 9,103,976.00 | 0.04 |
| 74970WAJ9 | ROCK Trust 2024-cntr | ROCC | 8.82 | 11/13/2041 | 7,220,000.00 | 7,556,418.00 | 0.04 |
| 78454LAX8 | SM Energy Co | SM | 6.75 | 08/01/2029 | 9,240,000.00 | 9,293,131.00 | 0.04 |
| 516806AJ5 | Vital Energy Inc | VTLE | 9.75 | 10/15/2030 | 7,200,000.00 | 7,527,093.00 | 0.04 |
| 552704AF5 | MEG Energy Corp | MEGCN | 5.88 | 02/01/2029 | 8,500,000.00 | 8,489,375.00 | 0.04 |
| 55342UAQ7 | MPT Operating Partnership Lp / Mpt Finan | MPW | 8.5 | 02/15/2032 | 7,525,000.00 | 8,010,930.00 | 0.04 |
| 60672JAA7 | Miter Brands Acquisition Holdco Inc / Mi | MIWIDO | 6.75 | 04/01/2032 | 7,841,000.00 | 8,053,714.00 | 0.04 |
| 603051AA1 | Mineral Resources Ltd | MINAU | 8.13 | 05/01/2027 | 8,395,000.00 | 8,395,000.00 | 0.04 |
| 603051AC7 | Mineral Resources Ltd | MINAU | 8.0 | 11/01/2027 | 8,130,000.00 | 8,274,856.00 | 0.04 |
| 55821KAC0 | Madison Park Funding Xxxviii Ltd | MDPK | 5.7 | 07/17/2034 | 9,500,000.00 | 9,513,753.00 | 0.04 |
| 49339FAE5 | Keystone Power Pass-through Holders Llc | KEYCON | 13.0 | 06/01/2028 | 10,779,196.00 | 8,903,615.00 | 0.04 |
| 389375AP1 | GRAY Media Inc | GTN | 7.25 | 08/15/2033 | 9,335,000.00 | 9,259,546.00 | 0.04 |
| 428040DA4 | Hertz Corp/the | HTZ | 4.63 | 12/01/2026 | 8,116,000.00 | 7,987,240.00 | 0.04 |
| 428040DC0 | Hertz Corp/the | HTZ | 12.63 | 07/15/2029 | 6,565,000.00 | 6,957,978.00 | 0.03 |
| 431318BC7 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 8.38 | 11/01/2033 | 5,991,000.00 | 6,288,862.00 | 0.03 |
| 431318BE3 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.88 | 05/15/2034 | 6,400,000.00 | 6,176,565.00 | 0.03 |
| 431318BG8 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 7.25 | 02/15/2035 | 6,295,000.00 | 6,159,685.00 | 0.03 |
| 50012LAD6 | Kodiak Gas Services Llc | KGS | 6.5 | 10/01/2033 | 7,335,000.00 | 7,466,617.00 | 0.03 |
| 50012LAE4 | Kodiak Gas Services Llc | KGS | 6.75 | 10/01/2035 | 5,880,000.00 | 6,036,921.00 | 0.03 |
| 475795AD2 | Jeld-wen Inc | JELD | 4.88 | 12/15/2027 | 6,785,000.00 | 6,632,337.00 | 0.03 |
| 48251UAQ1 | K HOvnanian Enterprises Inc | HOV | 8.38 | 10/01/2033 | 7,025,000.00 | 7,203,677.00 | 0.03 |
| 50168QAE5 | LABL Inc | LABL | 9.5 | 11/01/2028 | 7,750,000.00 | 6,580,417.00 | 0.03 |
| 460599AD5 | Brightstar Lottery Plc | IGT | 6.25 | 01/15/2027 | 5,830,000.00 | 5,866,437.00 | 0.03 |
| 55609NAC2 | Macquarie Airfinance Holdings Ltd | MCAIRH | 6.4 | 03/26/2029 | 5,885,000.00 | 6,183,993.00 | 0.03 |
| 55342UAJ3 | MPT Operating Partnership Lp / Mpt Finan | MPW | 4.63 | 08/01/2029 | 7,075,000.00 | 5,860,164.00 | 0.03 |
| 53523LAA8 | Lindblad Expeditions Llc | LIND | 6.75 | 02/15/2027 | 5,350,000.00 | 5,385,963.00 | 0.03 |
| 513272AE4 | LAMB Weston Holdings Inc | LW | 4.38 | 01/31/2032 | 6,655,000.00 | 6,288,510.00 | 0.03 |
| 70932MAD9 | Pennymac Financial Services Inc | PFSI | 7.88 | 12/15/2029 | 7,000,000.00 | 7,429,995.00 | 0.03 |
| 70137WAN8 | Parkland Corp | PKICN | 6.63 | 08/15/2032 | 7,095,000.00 | 7,284,791.00 | 0.03 |
| 74743LAA8 | Qnity Electronics Inc | QNTELE | 5.75 | 08/15/2032 | 5,880,000.00 | 5,931,072.00 | 0.03 |
| 74843PAB6 | Quikrete Holdings Inc | QUIKHO | 6.75 | 03/01/2033 | 7,051,000.00 | 7,327,523.00 | 0.03 |
| 70052LAB9 | PARK Intermediate Holdings Llc / Pk Dome | PK | 5.88 | 10/01/2028 | 6,400,000.00 | 6,391,908.00 | 0.03 |
| 70052LAC7 | PARK Intermediate Holdings Llc / Pk Dome | PK | 4.88 | 05/15/2029 | 6,100,000.00 | 5,945,829.00 | 0.03 |
| 682691AB6 | Onemain Finance Corp | OMF | 3.5 | 01/15/2027 | 6,875,000.00 | 6,718,455.00 | 0.03 |
| 670001AH9 | Novelis Corp | HNDLIN | 3.88 | 08/15/2031 | 6,859,000.00 | 6,247,218.00 | 0.03 |
| 65535HCC1 | Nomura Holdings Inc | NOMURA | 7.0 | 01/15/2174 | 7,190,000.00 | 7,441,650.00 | 0.03 |
| 668771AK4 | GEN Digital Inc | GEN | 6.75 | 09/30/2027 | 6,950,000.00 | 7,058,392.00 | 0.03 |
| 63938CAJ7 | Navient Corp | NAVI | 6.75 | 06/15/2026 | 6,172,000.00 | 6,239,513.00 | 0.03 |
| 644535AJ5 | NEW Gold Inc | NGDCN | 6.88 | 04/01/2032 | 6,740,000.00 | 7,060,150.00 | 0.03 |
| 09629EAL5 | Bluemountain Fuji Us Clo Ii Ltd | BLUEM | 5.59 | 10/20/2030 | 6,867,952.00 | 6,872,193.00 | 0.03 |
| 097751AL5 | Bombardier Inc | BBDBCN | 7.45 | 05/01/2034 | 5,200,000.00 | 5,757,336.00 | 0.03 |
| 07317QAJ4 | Baytex Energy Corp | BTECN | 8.5 | 04/30/2030 | 6,390,000.00 | 6,560,804.00 | 0.03 |
| 058498BA3 | BALL Corp | BALL | 5.5 | 09/15/2033 | 7,105,000.00 | 7,182,946.00 | 0.03 |
| 06055HAH6 | BANK Of America Corp | BAC | 6.63 | 08/01/2174 | 5,850,000.00 | 6,096,649.00 | 0.03 |
| 126307BF3 | CSC Holdings Llc | CSCHLD | 3.38 | 02/15/2031 | 9,213,000.00 | 5,949,234.00 | 0.03 |
| 12543DBH2 | Chs/community Health Systems Inc | CYH | 6.0 | 01/15/2029 | 6,175,000.00 | 5,987,665.00 | 0.03 |
| 12543DBM1 | Chs/community Health Systems Inc | CYH | 5.25 | 05/15/2030 | 7,725,000.00 | 6,991,357.00 | 0.03 |
| 12008RAN7 | Builders Firstsource Inc | BLDR | 5.0 | 03/01/2030 | 5,785,000.00 | 5,729,217.00 | 0.03 |
| 04288BAB6 | Arsenal Aic Parent Llc | ARNC | 8.0 | 10/01/2030 | 5,210,000.00 | 5,520,744.00 | 0.03 |
| 031921AC3 | Amwins Group Inc | AMWINS | 6.38 | 02/15/2029 | 6,113,000.00 | 6,233,501.00 | 0.03 |
| 032177AK3 | Amsted Industries Inc | AMSIND | 6.38 | 03/15/2033 | 7,000,000.00 | 7,191,011.00 | 0.03 |
| 05368VAB2 | Avient Corp | AVNT | 6.25 | 11/01/2031 | 6,985,000.00 | 7,092,824.00 | 0.03 |
| 053773BC0 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 5.75 | 07/15/2027 | 6,391,000.00 | 6,367,935.00 | 0.03 |
| 26884LBH1 | EQT Corp | EQT | 7.5 | 06/01/2027 | 7,125,000.00 | 7,266,718.00 | 0.03 |
| 36168QAQ7 | GFL Environmental Inc | GFLCN | 6.75 | 01/15/2031 | 6,435,000.00 | 6,732,618.00 | 0.03 |
| 37441QAA9 | Wrangler Holdco Corp | GFLCN | 6.63 | 04/01/2032 | 6,185,000.00 | 6,446,996.00 | 0.03 |
| 18453HAC0 | Clear Channel Outdoor Holdings Inc | CCO | 7.75 | 04/15/2028 | 6,100,000.00 | 6,091,374.00 | 0.03 |
| 12769GAC4 | Caesars Entertainment Inc | CZR | 6.5 | 02/15/2032 | 6,204,000.00 | 6,328,161.00 | 0.03 |
| 163851AJ7 | Chemours Co/the | CC | 8.0 | 01/15/2033 | 5,620,000.00 | 5,593,961.00 | 0.03 |
| B8A66QXU2 | Genon Hldgs Class A | — | — | — | 195,390.00 | 5,861,700.00 | 0.03 |
| 98379KAA0 | XPO Inc | XPO | 6.25 | 06/01/2028 | 6,875,000.00 | 7,013,177.00 | 0.03 |
| B8ACA1AA8 | Digicel Intl Fin Ltd | — | — | — | 509,750.00 | 6,169,045.00 | 0.03 |
| B8ACXD562 | NEW Generation Gas Gathering Llc | — | 4.13 | 09/30/2029 | 5,729,730.00 | 5,643,783.00 | 0.03 |
| B8ADVAEX9 | NEW Generation Gas Gathering Llc | — | 4.35 | 09/30/2029 | 5,729,729.00 | 5,643,783.00 | 0.03 |
| B8ADGKST8 | NEW Generation Gas Gathering Llc | — | 4.35 | 09/30/2029 | 6,875,675.00 | 6,772,539.00 | 0.03 |
| B8ADQ6J27 | Doncasters Us Fin Llc | — | — | 04/01/2030 | 6,000,000.00 | 6,060,000.00 | 0.03 |
| B8AD64SP3 | Xplore Inc | — | — | — | 2,875,253.00 | 6,649,107.00 | 0.03 |
| 963320BD7 | Whirlpool Corp | WHR | 6.13 | 06/15/2030 | 6,295,000.00 | 6,349,645.00 | 0.03 |
| 96949VAN3 | Williams Scotsman Inc | WLSC | 6.63 | 04/15/2030 | 6,309,000.00 | 6,491,918.00 | 0.03 |
| BL4116465 | Altice France Sa/france | SFRFP | 9.82 | 08/15/2028 | 7,100,000.00 | 6,745,000.00 | 0.03 |
| BL4680841 | Clarios Global Lp | POWSOL | 6.82 | 05/06/2030 | 5,671,429.00 | 5,661,974.00 | 0.03 |
| BL4766657 | Windstream Services Llc | UNIT | 9.17 | 10/06/2031 | 6,225,000.00 | 6,240,562.00 | 0.03 |
| BL4915957 | SWF Holdings I Corp | SPRIND | — | 12/18/2029 | 5,924,465.00 | 5,939,276.00 | 0.03 |
| BL4985299 | Boxer Parent Co Inc | BMC | 6.22 | 07/30/2031 | 5,894,752.00 | 5,883,698.00 | 0.03 |
| BL4985638 | Cablevision Lightpath | CVLGHT | 7.07 | 11/30/2027 | 6,725,582.00 | 6,731,184.00 | 0.03 |
| BL4989184 | Quikrete Holdings Inc | QUIKHO | 8.07 | 02/10/2032 | 5,746,125.00 | 5,743,608.00 | 0.03 |
| BNR4L57 | Energizer Gamma Acquisition Bv | ENR | 3.5 | 06/30/2029 | 5,555,000.00 | 6,392,128.00 | 0.03 |
| BL5042678 | Vista Management Holding | VSTJET | 8.57 | 03/18/2031 | 5,692,500.00 | 5,711,473.00 | 0.03 |
| 92262TAA4 | Velocity Vehicle Group Llc | VLCYVG | 8.0 | 06/01/2029 | 6,155,000.00 | 6,171,890.00 | 0.03 |
| 91838PAA9 | VT Topco Inc | VERCOR | 8.5 | 08/15/2030 | 5,565,000.00 | 5,684,017.00 | 0.03 |
| 896215AH3 | Trimas Corp | TRS | 4.13 | 04/15/2029 | 6,675,000.00 | 6,454,966.00 | 0.03 |
| 89055FAC7 | Topbuild Corp | BLD | 4.13 | 02/15/2032 | 7,350,000.00 | 6,891,070.00 | 0.03 |
| 88033GDH0 | Tenet Healthcare Corp | THC | 4.63 | 06/15/2028 | 7,143,000.00 | 7,080,182.00 | 0.03 |
| 86765LAN7 | Sunoco Lp / Sunoco Finance Corp | SUN | 5.88 | 03/15/2028 | 6,286,000.00 | 6,294,177.00 | 0.03 |
| 87265HAF6 | TRI Pointe Homes Inc | TPH | 5.25 | 06/01/2027 | 6,603,000.00 | 6,604,375.00 | 0.03 |
| 85571BBC8 | Starwood Property Trust Inc | STWD | 6.0 | 04/15/2030 | 6,135,000.00 | 6,223,721.00 | 0.03 |
| 85571BBF1 | Starwood Property Trust Inc | STWD | 5.25 | 10/15/2028 | 6,040,000.00 | 6,040,794.00 | 0.03 |
| 84762LAX3 | Spectrum Brands Inc | SPB | 3.88 | 03/15/2031 | 8,115,000.00 | 6,501,503.00 | 0.03 |
| 85172FAQ2 | Onemain Finance Corp | OMF | 6.63 | 01/15/2028 | 3,159,000.00 | 3,235,467.00 | 0.02 |
| 897051AC2 | Tronox Inc | TROX | 4.63 | 03/15/2029 | 6,596,000.00 | 4,306,143.00 | 0.02 |
| 897051AD0 | Tronox Inc | TROX | 9.13 | 09/30/2030 | 4,185,000.00 | 4,100,167.00 | 0.02 |
| 893647BV8 | Transdigm Inc | TDG | 6.63 | 03/01/2032 | 4,200,000.00 | 4,326,785.00 | 0.02 |
| 92564RAH8 | VICI Properties Lp / Vici Note Co Inc | VICI | 4.5 | 09/01/2026 | 4,950,000.00 | 4,949,658.00 | 0.02 |
| 92535UAB0 | Vertiv Group Corp | VRT | 4.13 | 11/15/2028 | 3,350,000.00 | 3,274,124.00 | 0.02 |
| 92332YAA9 | Venture Global Lng Inc | VENLNG | 8.13 | 06/01/2028 | 3,895,000.00 | 4,033,026.00 | 0.02 |
| BL4915932 | SWF Holdings I Corp | SPRIND | 10.21 | 12/18/2029 | 4,443,349.00 | 4,454,457.00 | 0.02 |
| BL4755601 | Lifepoint Health Inc | RGCARE | 8.07 | 05/16/2031 | 4,218,125.00 | 4,205,820.00 | 0.02 |
| BL3572783 | First Brands Group Llc | TRICGR | 13.07 | 03/30/2028 | 63,710,906.00 | 3,504,099.00 | 0.02 |
| 96926JAC1 | William Carter Co/the | CRI | 5.63 | 03/15/2027 | 4,010,000.00 | 4,011,445.00 | 0.02 |
| 96949VAM5 | Williams Scotsman Inc | WLSC | 6.63 | 06/15/2029 | 3,575,000.00 | 3,657,142.00 | 0.02 |
| 92735LAA0 | Expand Energy Corp | EXE | 6.75 | 04/15/2029 | 3,909,000.00 | 3,948,990.00 | 0.02 |
| B8ADX0WW1 | Doncasters Us Finance Llc | — | 10.8 | 04/23/2030 | 3,980,000.00 | 4,019,800.00 | 0.02 |
| B8AC4A3C9 | Cornerstone Chem Co | — | — | — | 1,010,075.00 | 5,050,375.00 | 0.02 |
| 98379KAB8 | XPO Inc | XPO | 7.13 | 06/01/2031 | 4,825,000.00 | 5,032,934.00 | 0.02 |
| 983793AK6 | XPO Inc | XPO | 7.13 | 02/01/2032 | 4,700,000.00 | 4,935,344.00 | 0.02 |
| 98313RAE6 | WYNN Macau Ltd | WYNMAC | 5.13 | 12/15/2029 | 3,662,000.00 | 3,581,985.00 | 0.02 |
| B8AC24CC5 | Heritage Power Llc | — | 9.8 | 07/20/2028 | 3,992,072.00 | 3,932,190.00 | 0.02 |
| TYZ5 COMDT | US 10yr Note (cbt)dec25 | TYZ5 | — | 12/19/2025 | 723,262,500.00 | 3,277,609.00 | 0.02 |
| BL5117652 | Acrisure Llc | ACRISU | 6.32 | 06/20/2032 | 3,465,403.00 | 3,461,071.00 | 0.02 |
| 165167DG9 | Expand Energy Corp | EXE | 5.88 | 02/01/2029 | 3,645,000.00 | 3,659,699.00 | 0.02 |
| 17888HAB9 | Civitas Resources Inc | CIVI | 8.75 | 07/01/2031 | 3,957,000.00 | 4,055,312.00 | 0.02 |
| 364760AP3 | GAP Inc/the | GAP | 3.63 | 10/01/2029 | 3,635,000.00 | 3,400,526.00 | 0.02 |
| 35641AAB4 | Freedom Mortgage Holdings Llc | FREMOR | 9.13 | 05/15/2031 | 4,315,000.00 | 4,596,103.00 | 0.02 |
| 35908MAD2 | Frontier Communications Holdings Llc | FYBR | 8.75 | 05/15/2030 | 3,329,000.00 | 3,478,281.00 | 0.02 |
| 345397G49 | FORD Motor Credit Co Llc | F | 5.88 | 11/07/2029 | 5,125,000.00 | 5,214,083.00 | 0.02 |
| 281020AX5 | Edison International | EIX | 8.13 | 06/15/2053 | 3,365,000.00 | 3,435,830.00 | 0.02 |
| 345370DA5 | FORD Motor Co | F | 3.25 | 02/12/2032 | 3,825,000.00 | 3,340,589.00 | 0.02 |
| 345397C92 | FORD Motor Credit Co Llc | F | 6.8 | 05/12/2028 | 3,853,000.00 | 4,000,738.00 | 0.02 |
| 29275YAF9 | Enersys | ENS | 6.63 | 01/15/2032 | 4,015,000.00 | 4,135,471.00 | 0.02 |
| 04433LAA0 | Ashland Inc | ASH | 3.38 | 09/01/2031 | 5,550,000.00 | 4,920,570.00 | 0.02 |
| 03690AAK2 | Antero Midstream Partners Lp / Antero Mi | AM | 6.63 | 02/01/2032 | 4,080,000.00 | 4,203,662.00 | 0.02 |
| 00218LAH4 | ASP Unifrax Holdings Inc | FRAX | 7.1 | 09/30/2029 | 12,981,903.00 | 5,183,613.00 | 0.02 |
| 105340AS2 | Brandywine Operating Partnership Lp | BDN | 8.88 | 04/12/2029 | 4,500,000.00 | 4,893,071.00 | 0.02 |
| 126307BK2 | CSC Holdings Llc | CSCHLD | 5.0 | 11/15/2031 | 14,570,000.00 | 5,076,703.00 | 0.02 |
| 071734AK3 | Bausch Health Cos Inc | BHCCN | 6.25 | 02/15/2029 | 6,653,000.00 | 5,301,176.00 | 0.02 |
| 095796AJ7 | BLUE Racer Midstream Llc / Blue Racer Fi | BLURAC | 7.0 | 07/15/2029 | 4,290,000.00 | 4,448,340.00 | 0.02 |
| 64828TAB8 | Rithm Capital Corp | RITM | 8.0 | 04/01/2029 | 3,950,000.00 | 4,042,654.00 | 0.02 |
| 682691AK6 | Onemain Finance Corp | OMF | 7.13 | 09/15/2032 | 4,415,000.00 | 4,563,510.00 | 0.02 |
| 74743LAB6 | Qnity Electronics Inc | QNTELE | 6.25 | 08/15/2033 | 4,630,000.00 | 4,733,156.00 | 0.02 |
| 70932MAE7 | Pennymac Financial Services Inc | PFSI | 7.13 | 11/15/2030 | 5,000,000.00 | 5,205,438.00 | 0.02 |
| 749571AF2 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 4.75 | 10/15/2027 | 3,310,000.00 | 3,294,928.00 | 0.02 |
| 55305BAV3 | M/I Homes Inc | MHO | 3.95 | 02/15/2030 | 5,017,000.00 | 4,796,823.00 | 0.02 |
| 603051AD5 | Mineral Resources Ltd | MINAU | 8.5 | 05/01/2030 | 3,131,000.00 | 3,252,576.00 | 0.02 |
| 46115HBS5 | Intesa Sanpaolo Spa | ISPIM | 4.95 | 06/01/2042 | 6,100,000.00 | 5,158,611.00 | 0.02 |
| 48251UAP3 | K HOvnanian Enterprises Inc | HOV | 8.0 | 04/01/2031 | 4,160,000.00 | 4,265,050.00 | 0.02 |
| 419866AV0 | Hawaiian Electric Co Inc | HE | 6.0 | 10/01/2033 | 5,060,000.00 | 5,099,849.00 | 0.02 |
| 39807UAD8 | Greystar Real Estate Partners Llc | GRSTAR | 7.75 | 09/01/2030 | 1,869,000.00 | 1,973,368.00 | 0.01 |
| 58506DAA6 | Medline Borrower Lp/medline Co-issuer In | MEDIND | 6.25 | 04/01/2029 | 1,650,000.00 | 1,693,523.00 | 0.01 |
| 59151KAL2 | Methanex Corp | MXCN | 5.25 | 12/15/2029 | 1,600,000.00 | 1,598,064.00 | 0.01 |
| 552953CD1 | MGM Resorts International | MGM | 4.63 | 09/01/2026 | 1,920,000.00 | 1,915,650.00 | 0.01 |
| 513272AD6 | LAMB Weston Holdings Inc | LW | 4.13 | 01/31/2030 | 2,296,000.00 | 2,205,182.00 | 0.01 |
| 527298BT9 | Level 3 Financing Inc | LVLT | 3.75 | 07/15/2029 | 3,100,000.00 | 2,656,039.00 | 0.01 |
| 75281ABK4 | Range Resources Corp | RRC | 4.75 | 02/15/2030 | 1,875,000.00 | 1,836,245.00 | 0.01 |
| 77340RAD9 | Rockies Express Pipeline Llc | ROCKIE | 7.5 | 07/15/2038 | 1,611,000.00 | 1,713,696.00 | 0.01 |
| 816196AV1 | Select Medical Corp | SEM | 6.25 | 12/01/2032 | 1,370,000.00 | 1,370,602.00 | 0.01 |
| 70137TAP0 | Parkland Corp | PKICN | 5.88 | 07/15/2027 | 1,425,000.00 | 1,420,796.00 | 0.01 |
| 737446AV6 | POST Holdings Inc | POST | 6.38 | 03/01/2033 | 2,973,000.00 | 3,005,026.00 | 0.01 |
| 674599BM6 | Occidental Petroleum Corp | OXY | 7.2 | 04/01/2028 | 2,400,000.00 | 2,519,374.00 | 0.01 |
| 674599DQ5 | Occidental Petroleum Corp | OXY | 7.13 | 10/15/2027 | 1,230,000.00 | 1,284,612.00 | 0.01 |
| 69073TAU7 | Owens-brockway Glass Container Inc | OI | 7.25 | 05/15/2031 | 2,175,000.00 | 2,213,972.00 | 0.01 |
| 63938CAM0 | Navient Corp | NAVI | 5.5 | 03/15/2029 | 1,690,000.00 | 1,657,215.00 | 0.01 |
| 63861CAE9 | Nationstar Mortgage Holdings Inc | COOP | 5.75 | 11/15/2031 | 2,095,000.00 | 2,119,571.00 | 0.01 |
| 65249BAA7 | NEWS Corp | NWSA | 3.88 | 05/15/2029 | 1,863,000.00 | 1,800,139.00 | 0.01 |
| 07317QAK1 | Baytex Energy Corp | BTECN | 7.38 | 03/15/2032 | 2,200,000.00 | 2,146,430.00 | 0.01 |
| 12513GBF5 | CDW Llc / Cdw Finance Corp | CDW | 3.25 | 02/15/2029 | 3,240,000.00 | 3,103,282.00 | 0.01 |
| 1248EPCB7 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.38 | 06/01/2029 | 1,621,000.00 | 1,610,447.00 | 0.01 |
| 1248EPCD3 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 4.75 | 03/01/2030 | 1,277,000.00 | 1,225,473.00 | 0.01 |
| 00253XAA9 | American Airlines Inc/aadvantage Loyalty | AAL | 5.5 | 04/20/2026 | 2,613,500.00 | 2,611,866.00 | 0.01 |
| 00191AAD8 | ARD Finance Sa | ARDFIN | 6.5 | 06/30/2027 | 44,488,859.00 | 1,334,665.00 | 0.01 |
| 013092AB7 | Albertsons Cos Inc / Safeway Inc / New A | ACI | 5.88 | 02/15/2028 | 1,681,000.00 | 1,680,863.00 | 0.01 |
| 29272WAC3 | Energizer Holdings Inc | ENR | 4.75 | 06/15/2028 | 1,425,000.00 | 1,398,499.00 | 0.01 |
| 380355AH0 | Goeasy Ltd | GSYCN | 9.25 | 12/01/2028 | 2,535,000.00 | 2,645,906.00 | 0.01 |
| 18060TAC9 | Clarios Global Lp / Clarios Us Finance C | POWSOL | 6.75 | 05/15/2028 | 2,473,000.00 | 2,525,402.00 | 0.01 |
| 15089QAM6 | Celanese Us Holdings Llc | CE | 6.67 | 07/15/2027 | 1,398,000.00 | 1,433,754.00 | 0.01 |
| 18972EAC9 | Clydesdale Acquisition Holdings Inc | NOVHOL | 6.88 | 01/15/2030 | 2,600,000.00 | 2,672,202.00 | 0.01 |
| USZ5 COMDT | US Long Bond(cbt) Dec25 | USZ5 | — | 12/19/2025 | 85,696,406.00 | 2,065,138.00 | 0.01 |
| 98953GAD7 | Ziggo Bond Co Bv | ZIGGO | 5.13 | 02/28/2030 | 1,800,000.00 | 1,628,190.00 | 0.01 |
| B8AC2XW47 | Heritage Pwr Llc | — | — | — | 23,599.00 | 1,519,185.00 | 0.01 |
| B8AD38TW1 | NEW Generation Gas - Unfunded | — | — | 09/30/2029 | 1,145,946.00 | 1,128,756.00 | 0.01 |
| BL3543891 | Connect Finco Sarl | IMASF | 7.82 | 12/11/2026 | 3,037,795.00 | 3,030,200.00 | 0.01 |
| B8AE3VDG0 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 1,346,561.00 | 1,335,518.00 | 0.01 |
| B8AE3VHV3 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 2,244,268.00 | 2,225,864.00 | 0.01 |
| B8AEBG4U3 | NEW Generation Gas Gathering Llc | — | 3.99 | 09/30/2029 | 1,718,918.00 | 1,693,134.00 | 0.01 |
| BL5072683 | Foundation Building M | FBM | 7.61 | 01/29/2031 | 2,917,688.00 | 2,921,334.00 | 0.01 |
| BL5240587 | PARK River Holdings Inc | PRIMBP | 5.25 | 09/25/2031 | 2,841,000.00 | 2,839,224.00 | 0.01 |
| BLCW936 | MAYA Sas/paris France | ILDFP | 5.63 | 10/15/2028 | 2,600,000.00 | 3,091,846.00 | 0.01 |
| BP816Z6 | MPT Operating Partnership Lp / Mpt Finan | MPW | 0.99 | 10/15/2026 | 1,000,000.00 | 1,118,153.00 | 0.01 |
| 92552VAN0 | Viasat Inc | VSAT | 6.5 | 07/15/2028 | 2,825,000.00 | 2,759,155.00 | 0.01 |
| 92552VAR1 | Viasat Inc | VSAT | 7.5 | 05/30/2031 | 1,438,000.00 | 1,348,796.00 | 0.01 |
| 913229AA8 | United Wholesale Mortgage Llc | UWMLLC | 5.5 | 04/15/2029 | 1,775,000.00 | 1,753,564.00 | 0.01 |
| 893830BL2 | Transocean International Ltd | RIG | 8.0 | 02/01/2027 | 1,172,000.00 | 1,169,070.00 | 0.01 |
| 911365BN3 | United Rentals North America Inc | URI | 4.0 | 07/15/2030 | 2,906,000.00 | 2,778,365.00 | 0.01 |
| 817565CH5 | Service Corp International/us | SCI | 5.75 | 10/15/2032 | 850,000.00 | 862,387.00 | 0.00 |
| CASCF03NDI | Gbp/usd Fwd 20251002 Mslngb2x | GBP | — | 10/02/2025 | 0 | -106,680.00 | 0.00 |
| BLFHRK1 | Venator Materials Plc | VNTRF | — | — | 82,538.00 | 8.00 | 0.00 |
| BBONP837DU | Eur/usd Fwd 20251002 57918 | EUR | — | 10/02/2025 | 0 | -498,322.00 | 0.00 |
| BK5HL57 | Ardagh Packaging Finance Plc / Ardagh Ho | ARGID | 2.13 | 08/15/2026 | 400,000.00 | 461,401.00 | 0.00 |
| BL4454486 | Venator Finance Sarl | VNTR | 6.32 | 10/12/2028 | 30,448,991.00 | 608,979.00 | 0.00 |
| B8AC2XW54 | Heritage Pwr Llc | — | — | — | 617,491.00 | 308,745.00 | 0.00 |
| B8AE1JR66 | Mitel Networks Intl Lt | — | — | — | 12,419.00 | 124.00 | 0.00 |
| B8AD73HC5 | Xplornet - Contingent Value Rights | — | — | — | 150,521.00 | 15.00 | 0.00 |
| B8AD9KJQ2 | Diamond Sports Grp Llc- Warrants | — | — | — | 4,490,907.00 | 44.00 | 0.00 |
| WNZ5 COMDT | US Ultra Bond Cbt Dec25 | WNZ5 | — | 12/19/2025 | 36,619,063.00 | 859,790.00 | 0.00 |
| SWB8AECD4Y | Trswap: Iboxig Index 03/20/2026 Jpmsw_r | — | — | 03/20/2026 | -163,826.00 | -1,006,694.00 | 0.00 |
| TUZ5 COMDT | US 2yr Note (cbt) Dec25 | TUZ5 | — | 12/31/2025 | 604,563,869.00 | 491,438.00 | 0.00 |
| OEZ5 COMDT | Euro-bobl Future Dec25 | OEZ5 | — | 12/08/2025 | 21,300,484.00 | -56,191.00 | 0.00 |
| QD1NJG9O3S | Gbp/usd Fwd 20251105 Mslngb2x | GBP | — | 11/05/2025 | -61,487,296.00 | 496,735.00 | 0.00 |
| RXZ5 COMDT | Euro-bund Future Dec25 | RXZ5 | — | 12/08/2025 | -17,509,923.00 | -1,575.00 | 0.00 |
| SWB8ADHGQL | Trswap: Iboxig Index 12/20/2025 Mslsw_r | — | — | 12/20/2025 | -38,458.00 | -872,798.00 | 0.00 |
| DUZ5 COMDT | Euro-schatz Fut Dec25 | DUZ5 | — | 12/08/2025 | 376,800.00 | -654.00 | 0.00 |
| FVZ5 COMDT | US 5yr Note (cbt) Dec25 | FVZ5 | — | 12/31/2025 | 777,361,433.00 | 498,713.00 | 0.00 |
| L5217E120 | Intelsat Emergence Sa | — | — | — | 1,635,294.00 | 163.00 | 0.00 |
| 18064PAC3 | Clarivate Science Holdings Corp | CLVTSC | 3.88 | 07/01/2028 | 750,000.00 | 722,626.00 | 0.00 |
| 22Q1KTAUKD | Eur/usd Fwd 20251105 57918 | EUR | — | 11/05/2025 | -68,648,854.00 | 418,408.00 | 0.00 |
| 25381HAD0 | Digicel Group Holdings Ltd | DLLTD | — | 12/31/2030 | 8,310,935.00 | 831.00 | 0.00 |
| 25381HAM0 | Digicel Group Holdings Ltd | DLLTD | — | 12/31/2030 | 14,848,200.00 | 14.00 | 0.00 |
| 13323AAB6 | Camelot Finance Sa | CCC | 4.5 | 11/01/2026 | 297,000.00 | 295,393.00 | 0.00 |
| 17302XAM8 | Citgo Petroleum Corp | CITPET | 6.38 | 06/15/2026 | 726,000.00 | 726,003.00 | 0.00 |
| 021ESCAG3 | ALTA Mesa Holdings Lp / Alta Mesa Financ | ALTMES | — | 12/15/2025 | 104,709,000.00 | 104.00 | 0.00 |
| 018581AP3 | Bread Financial Holdings Inc | BFH | 9.75 | 03/15/2029 | 100,000.00 | 106,753.00 | 0.00 |
| 053773BE6 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 5.75 | 07/15/2027 | 537,000.00 | 535,430.00 | 0.00 |
| 053773BF3 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 5.38 | 03/01/2029 | 475,000.00 | 463,165.00 | 0.00 |
| 1248EPCK7 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 4.25 | 02/01/2031 | 643,000.00 | 592,390.00 | 0.00 |
| 126307AZ0 | CSC Holdings Llc | CSCHLD | 6.5 | 02/01/2029 | 960,000.00 | 709,129.00 | 0.00 |
| 69073TAT0 | Owens-brockway Glass Container Inc | OI | 6.63 | 05/13/2027 | 980,000.00 | 978,901.00 | 0.00 |
| 77340RAR8 | Rockies Express Pipeline Llc | ROCKIE | 4.95 | 07/15/2029 | 148,000.00 | 146,746.00 | 0.00 |
| 536797AF0 | Lithia Motors Inc | LAD | 4.38 | 01/15/2031 | 700,000.00 | 664,459.00 | 0.00 |
| 427098116 | Hercules Llc | HPCW | — | 03/31/2029 | 230 | 0.00 | 0.00 |
| 432833AS0 | Hilton Domestic Operating Co Inc | HLT | 5.75 | 09/15/2033 | 1,035,000.00 | 1,049,615.00 | 0.00 |
| SWB8AEBGGQ | Trswap: Iboxig Index 12/22/2025 Mslsw_r | — | — | 12/22/2025 | -291,818.00 | -1,787,356.00 | -0.01 |
| SWB8ADYKA9 | Trswap: Iboxig Index 12/22/2025 Mslsw_r | — | — | 12/22/2025 | -450,823.00 | -8,396,537.00 | -0.04 |
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ABOUT
PGIM Fixed Income, with $862 billion in assets under management as of March 31, 2025, is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, N.J., London, Tokyo and Singapore. At PGIM Fixed Income we believe that research-driven security selection is the most consistent strategy for adding value to client portfolios. The firm complements that base strategy with active sector rotation, duration management, and superior trade execution. Risk budgeting is central to this approach. PGIM Limited is also a subadvisor on this fund. PGIM Limited is an indirect, wholly-owned subsidiary of PGIM, Inc. (“PGIM”), the principal asset management business of Prudential Financial, Inc. (“PFI”), a company incorporated and with its principal place of business in the United States.
Robert Cignarella, CFA
Managing Director and Head of U.S. High Yield for PGIM Fixed Income
Robert Cignarella, CFA, is a Managing Director and Head of U.S. High Yield for PGIM Fixed Income.
Robert Spano, CFA
Principal and Portfolio Manager for PGIM Fixed Income's U.S. High Yield Bond Team
PGIM Fixed Income
Robert Spano, CFA, CPA, is a Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Bond Team.
Brian Clapp
Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Team
PGIM Fixed Income
Brian Clapp, CFA, is a Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Team.
Michael Gormally
Vice President, Portfolio Manager, and a Trader for PGIM Fixed Income's U.S. High Yield Bond Team
PGIM Fixed Income
Michael Gormally is a Vice President, portfolio manager, and trader for PGIM Fixed Income's U.S. High Yield Bond Team
Brian Lalli
Principal and portfolio manager for PGIM Fixed Income's U.S. High Yield Bond Team
PGIM Fixed Income
Brian Lalli is a Principal and portfolio manager for PGIM Fixed Income's U.S. High Yield Bond Team.
Average Maturity is the average time to maturity for a bond. Credit quality is calculated using the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s, S&P, or Fitch. The Not Rated category consists of securities that have not been rated by an NRSRO. Duration measures investment risk that takes into account both a bond's interest payments and its value to maturity. Standard deviation depicts how widely returns vary around its average and is used to understand the range of returns most likely for a given fund. A higher standard deviation generally implies greater volatility. Overweight/Underweights are benchmarked against the Bloomberg Capital 1-5 Year US Credit Index, an unmanaged index of publicly issued US corporate and specified foreign debentures and secured notes that meet specific maturity (between one and five years), liquidity, and quality requirements. It gives a broad look at how short and intermediate-term bonds have performed. An investment cannot be made directly in an index. Due to data availability, statistics may not be as of the current reporting period.
Enhanced cash strategies are variations on traditional money market vehicles. They are designed to provide liquidity and principal preservation, but with more of an emphasis on seeking returns that are superior to those of traditional money market offerings.
Source: Benchmarks - Lipper Inc.; Statistics - Morningstar Inc.; All other data from PGIM, Inc.
© 2025 Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results.
BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). Bloomberg or Bloomberg’s licensors own all proprietary rights in the Bloomberg Indices. Bloomberg neither approves nor endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results obtained therefrom and, to the maximum extend allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.
Class R shares are closed to new investors. Class R2 shares and Class R4 shares are only offered for sale to group retirement plans available through a retirement recordkeeper or third party administrator. Class R6 and Z shares may be available to group retirement plans and institutional investors through certain retirement, mutual fund wrap and asset allocation programs. They may also be available to institutional investors. Class Z shares may be available through fee- or commission-based retail brokerage programs of certain financial intermediaries. Class A, C, and Z shares are generally closed to new retirement plans. Please see the prospectus for additional information about fees, expenses, and investor eligibility.
Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.
Investment products are distributed by Prudential Investment Management Services LLC (PIMS), 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, Inc., a registered investment advisor. PGIM Limited acts as a subadvisor to all fixed income funds. PGIM Limited is an indirect, wholly-owned subsidiary of PGIM, Inc. (“PGIM”), the principal asset management business of Prudential Financial, Inc. (“PFI”), a company incorporated and with its principal place of business in the United States. All are Prudential Financial affiliates. PGIM is the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates. ©2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Fixed Income, PGIM Limited, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.
INVESTMENT PRODUCTS | Are not insured by the FDIC or any federal government agency | May lose value | Are not a deposit of or guaranteed by any bank or any bank affiliate.
Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.
4341190 Ed. 03/2025
Fund Literature
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