To provide a high level of current income by investing primarily in higher-rated, below investment-grade fixed income instruments.* The Fund seeks to maintain a weighted average portfolio duration of three years or less and a weighted average maturity of five years or less.
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.
|
Name
|
Weight
|
|---|---|
| Average Maturity (years) | 3.40 |
| Duration (years) | 2.10 |
| Standard Deviation (3 year) | 3.85 |
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: 3/586.0, 2/586.0, 4/548.0 and 3/441.0, 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
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. 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.
| TOTAL RETURNS (%) WITH SALES CHARGE WITHOUT SALES CHARGE | |||||||
|---|---|---|---|---|---|---|---|
| Cumulative | Average Annual | ||||||
| Class | Ticker | YTD | 1-Yr | 3-Yr | 5-Yr | 10-Yr | Since Inception |
See Daily Returns for the PGIM Short Duration High Yield Income Fund.
See Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Short Duration High Yield Income Fund.
See Daily Returns for the PGIM Short Duration High Yield Income Fund.
See Quarterly SEC Standardized Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Short Duration High Yield Income Fund.
|
Fund Expenses
|
Maximum Sales Charge (%)
|
|||
|---|---|---|---|---|
|
Class
|
Gross (%)
|
Net (%)
|
Date*
|
|
| A | 1.04 | 1.00 | 12/31/2026 | 2.25 |
| C | 1.80 | 1.75 | 12/31/2026 | 1.00 |
| R6 | 0.72 | 0.70 | 12/31/2026 | — |
| Z | 0.81 | 0.75 | 12/31/2026 | — |
*This date represents the contractual reduction date through which the net expense ratio is in effect.
Total return describes the return to the investor after net operating expenses but before any sales charges are imposed. Morningstar Category Average is unmanaged, is based on the average return of all funds in this category, and does not take into consideration applicable sales charges. Unless noted otherwise, Morningstar Category Average and index returns reflect performance beginning the closest month-end date to the Fund's inception. Benchmark since inception average is based on Class Z inception date. SEC standardized return describes the return to the investor after net operating expense and maximum sales charges are imposed. All returns assume share price changes as well as the compounding effect of reinvested dividends and capital gains. Returns may reflect fee waivers and/or expense reimbursements. Without such, returns would be lower. All returns 1-year or less are cumulative.
Morningstar High-Yield Bond Category Average: High-yield bond portfolios concentrate on lower-quality bonds, which are riskier than those of higher- quality companies. These portfolios generally offer higher yields than other types of portfolios, but they are also more vulnerable to economic and credit risk. These portfolios primarily invest in U.S. high- income debt securities where at least 65% or more of bond assets are not rated or are rated by a major agency such as Standard & Poor's or Moody's at the level of BB (considered speculative for taxable bonds) and below.
An investment cannot be made directly in an index or average. All indexes and averages are unmanaged.
|
Class
|
NAV ($)
|
NAV Change ($)
|
NAV Change (%)
|
POP ($)
|
Total Net Assets ($)
|
|---|---|---|---|---|---|
| A | 8.44 |
|
-0.12 | 8.63 | 413,173,518.89 |
| C | 8.44 |
|
-0.12 | — | 134,802,822.90 |
| R6 | 8.45 |
|
-0.12 | — | 542,433,871.41 |
| Z | 8.45 | N/C 0.00 | 0.00 | — | 4,105,921,241.02 |
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 $U.S. value over the previous day:
= Gain,
= Loss,
= No Change.
See Prices of other PGIM Investments Mutual Funds.
|
Class
|
52 Week High ($)
|
52 Week High Date
|
52 Week Low ($)
|
52 Week Low Date
|
|---|---|---|---|---|
| A | 8.55 | 09/16/2025 | 8.17 | 04/08/2025 |
| C | 8.55 | 09/16/2025 | 8.17 | 04/08/2025 |
| R6 | 8.56 | 09/15/2025 | 8.18 | 04/08/2025 |
| Z | 8.55 | 09/16/2025 | 8.18 | 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.
| 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 | 5.02 | 4.98 | 5.68 | 5.81 | — |
| C - View Prospectus | 4.38 | 4.33 | — | 5.06 | — |
| R6 - View Prospectus | 5.43 | 5.42 | — | 6.11 | — |
| Z - View Prospectus | 5.38 | 5.32 | — | 6.06 | — |
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.
|
Top 10 Corporate Holdings
|
Fund (% of Assets)
|
|---|---|
| Vistra | 1.7% |
| Frontier Communications | 1.7% |
| Next Alt Sarl | 1.6% |
| Tenet Healthcare | 1.4% |
| Charter Communications | 1.3% |
| Medline Borrower | 1.2% |
| Acrisure | 1.2% |
| Venture Global | 1.2% |
| Onemain | 1.1% |
| Davita | 1.1% |
|
Credit Quality
|
% of Assets
|
|---|---|
| AAA | 7.7% |
| BBB | 7.5% |
| BB | 51.0% |
| B | 23.5% |
| CCC | 6.3% |
| Not Rated | 3.5% |
| Cash/Equiv | 0.5% |
|
Largest Industries
|
% of Assets
|
|---|---|
| Gaming & Lodging & Leisure | 7.8% |
| Building Materials & Home Construction | 6.9% |
| Health Care & Pharmaceutical | 6.3% |
| Telecom | 6.0% |
| Finance Companies | 5.6% |
| Cable & Satellite | 5.2% |
| Technology | 5.2% |
| Retailers & Restaurants | 4.5% |
| Electric & Water | 4.1% |
| Energy - Upstream | 3.9% |
|
Geographic Concentration
|
% of Assets
|
|---|---|
| United States | 85.3% |
| Canada | 5.7% |
| United Kingdom | 2.0% |
| France | 1.4% |
| Ireland | 0.8% |
| Japan | 0.6% |
| Zambia | 0.6% |
| Switzerland | 0.5% |
| Other | 2.5% |
| Cash/Equiv | 0.5% |
|
Average Maturity
|
Years
|
|---|---|
| Average Maturity (years) | 3.4 |
| Duration (years) | 2.1 |
| Standard Deviation (3 year) | 3.85 |
All data is unaudited and subject to change. Holdings/allocations may vary. This is not a recommendation to buy or sell any security listed. Largest holdings exclude cash, cash equivalents, money market funds and enhanced cash strategies. Totals may not sum due to rounding. Negative holdings reflect outstanding trades at period end.
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.
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
|
|---|---|---|---|---|---|---|---|
| 91282CNK3 | United States Treasury Note/bond | T | 3.88 | 06/30/2030 | 211,225,000.00 | 212,842,191.00 | 4.14 |
| 74440W862 | (pipa070) Pgim Core Government Money Mar | — | 4.12 | 12/01/2099 | 95,863,462.00 | 95,863,462.00 | 1.87 |
| 92840VAF9 | Vistra Operations Co Llc | VST | 5.0 | 07/31/2027 | 58,096,000.00 | 58,118,435.00 | 1.13 |
| 91282CMZ1 | United States Treasury Note/bond | T | 3.88 | 04/30/2030 | 50,150,000.00 | 50,541,796.00 | 0.98 |
| 91282CNV9 | United States Treasury Note/bond | T | 3.63 | 08/31/2027 | 49,285,000.00 | 49,294,625.00 | 0.96 |
| 88033GDR8 | Tenet Healthcare Corp | THC | 4.38 | 01/15/2030 | 50,175,000.00 | 48,971,530.00 | 0.95 |
| 69344A834 | PGIM Aaa Clo Etf | PAAA | — | — | 925,000.00 | 47,609,750.00 | 0.93 |
| 62482BAA0 | Medline Borrower Lp | MEDIND | 3.88 | 04/01/2029 | 49,255,000.00 | 47,850,492.00 | 0.93 |
| 23918KAS7 | Davita Inc | DVA | 4.63 | 06/01/2030 | 49,138,000.00 | 47,416,197.00 | 0.92 |
| 443628AJ1 | Hudbay Minerals Inc | HBMCN | 4.5 | 04/01/2026 | 43,635,000.00 | 43,482,277.00 | 0.85 |
| 449691AC8 | Iliad Holding Sas | ILIADH | 7.0 | 10/15/2028 | 42,994,000.00 | 43,609,244.00 | 0.85 |
| BL5159126 | Radiate Holdco Llc | RADIAT | 7.78 | 09/25/2029 | 54,623,027.00 | 43,152,191.00 | 0.84 |
| 35906ABE7 | Frontier Communications Holdings Llc | FYBR | 5.88 | 10/15/2027 | 41,016,000.00 | 41,017,709.00 | 0.80 |
| 25470XAY1 | DISH Dbs Corp | DISH | 7.75 | 07/01/2026 | 38,800,000.00 | 38,401,096.00 | 0.75 |
| 44267DAD9 | Howard Hughes Corp/the | HHH | 5.38 | 08/01/2028 | 38,463,000.00 | 38,415,508.00 | 0.75 |
| 146869AN2 | Carvana Co | CVNA | 9.0 | 06/01/2030 | 35,675,000.00 | 37,281,066.00 | 0.73 |
| BL4070472 | CSC Holdings Llc | CSCHLD | 8.53 | 01/18/2028 | 36,163,886.00 | 35,779,645.00 | 0.70 |
| 1248EPBT9 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.13 | 05/01/2027 | 34,254,000.00 | 34,058,788.00 | 0.66 |
| 57701RAJ1 | Mattamy Group Corp | MATHOM | 5.25 | 12/15/2027 | 33,644,000.00 | 33,485,873.00 | 0.65 |
| 78410GAD6 | SBA Communications Corp | SBAC | 3.88 | 02/15/2027 | 33,534,000.00 | 33,154,480.00 | 0.65 |
| BL4883627 | Mcafee Corp | MCFE | 7.09 | 03/01/2029 | 34,840,045.00 | 33,054,492.00 | 0.64 |
| 12769GAA8 | Caesars Entertainment Inc | CZR | 4.63 | 10/15/2029 | 34,115,000.00 | 32,106,703.00 | 0.63 |
| 880349AU9 | Tenneco Inc | TENINC | 8.0 | 11/17/2028 | 32,022,000.00 | 31,950,574.00 | 0.62 |
| BL4756492 | Asurion Llc | ASUCOR | 8.41 | 09/19/2030 | 30,922,279.00 | 30,844,973.00 | 0.60 |
| 1248EPBR3 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.5 | 05/01/2026 | 28,951,000.00 | 28,925,579.00 | 0.56 |
| 91282CNG2 | United States Treasury Note/bond | T | 4.0 | 05/31/2030 | 27,650,000.00 | 28,012,906.00 | 0.55 |
| 629377CH3 | NRG Energy Inc | NRG | 5.25 | 06/15/2029 | 27,775,000.00 | 27,896,734.00 | 0.54 |
| 11283YAB6 | Brookfield Residential Properties Inc / | BRPCN | 6.25 | 09/15/2027 | 27,089,000.00 | 27,013,421.00 | 0.53 |
| BL4789857 | Trident Tpi Holdings Inc | TEKNI | 7.75 | 09/15/2028 | 27,929,034.00 | 27,205,867.00 | 0.53 |
| 097751BX8 | Bombardier Inc | BBDBCN | 6.0 | 02/15/2028 | 26,747,000.00 | 26,811,192.00 | 0.52 |
| 35906ABF4 | Frontier Communications Holdings Llc | FYBR | 5.0 | 05/01/2028 | 26,737,000.00 | 26,706,923.00 | 0.52 |
| 42704LAA2 | HERC Holdings Inc | HRI | 5.5 | 07/15/2027 | 26,641,000.00 | 26,638,321.00 | 0.52 |
| 92332YAC5 | Venture Global Lng Inc | VENLNG | 9.5 | 02/01/2029 | 24,176,000.00 | 26,030,094.00 | 0.51 |
| 853496AG2 | Standard Industries Inc/ny | BMCAUS | 4.38 | 07/15/2030 | 25,225,000.00 | 24,336,118.00 | 0.47 |
| 78466CAC0 | SS&C Technologies Inc | SSNC | 5.5 | 09/30/2027 | 24,250,000.00 | 24,250,966.00 | 0.47 |
| 143658CB6 | Carnival Corp | CCL | 5.13 | 05/01/2029 | 23,590,000.00 | 23,884,695.00 | 0.47 |
| 89616RAC3 | Trident Tpi Holdings Inc | TEKNI | 12.75 | 12/31/2028 | 22,115,000.00 | 23,612,681.00 | 0.46 |
| 045086AM7 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 4.63 | 08/01/2029 | 24,382,000.00 | 23,125,493.00 | 0.45 |
| 16308NAA2 | Olympus Water Us Holding Corp | SOLEIN | 7.13 | 10/01/2027 | 22,064,000.00 | 22,456,959.00 | 0.44 |
| 552953CF6 | MGM Resorts International | MGM | 5.5 | 04/15/2027 | 22,250,000.00 | 22,368,046.00 | 0.44 |
| 77313LAA1 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 2.88 | 10/15/2026 | 22,619,000.00 | 22,213,074.00 | 0.43 |
| 88033GDM9 | Tenet Healthcare Corp | THC | 4.25 | 06/01/2029 | 22,775,000.00 | 22,239,745.00 | 0.43 |
| 87265HAF6 | TRI Pointe Homes Inc | TPH | 5.25 | 06/01/2027 | 21,693,000.00 | 21,733,833.00 | 0.42 |
| 90932LAG2 | United Airlines Inc | UAL | 4.38 | 04/15/2026 | 21,132,000.00 | 21,089,365.00 | 0.41 |
| 00653VAA9 | Adapthealth Llc | ADAHEA | 6.13 | 08/01/2028 | 20,850,000.00 | 20,843,496.00 | 0.41 |
| 00081TAK4 | ACCO Brands Corp | ACCO | 4.25 | 03/15/2029 | 23,125,000.00 | 20,565,356.00 | 0.40 |
| 05508WAB1 | B&G Foods Inc | BGS | 5.25 | 09/15/2027 | 21,526,000.00 | 20,712,983.00 | 0.40 |
| 131347CM6 | Calpine Corp | CPN | 4.5 | 02/15/2028 | 20,460,000.00 | 20,397,240.00 | 0.40 |
| 53523LAA8 | Lindblad Expeditions Llc | LIND | 6.75 | 02/15/2027 | 20,525,000.00 | 20,651,662.00 | 0.40 |
| BL4871903 | Acrisure Llc | ACRISU | 7.16 | 11/06/2030 | 20,372,187.00 | 20,333,989.00 | 0.40 |
| 345397B77 | FORD Motor Credit Co Llc | F | 2.7 | 08/10/2026 | 20,425,000.00 | 20,123,889.00 | 0.39 |
| 131347CN4 | Calpine Corp | CPN | 5.13 | 03/15/2028 | 19,970,000.00 | 19,969,385.00 | 0.39 |
| 12769GAB6 | Caesars Entertainment Inc | CZR | 7.0 | 02/15/2030 | 19,499,000.00 | 20,072,456.00 | 0.39 |
| 07556QBR5 | Beazer Homes Usa Inc | BZH | 5.88 | 10/15/2027 | 20,212,000.00 | 20,190,952.00 | 0.39 |
| 36170JAC0 | GGAM Finance Ltd | GGAMFI | 8.0 | 02/15/2027 | 18,905,000.00 | 19,323,934.00 | 0.38 |
| 364760AP3 | GAP Inc/the | GAP | 3.63 | 10/01/2029 | 20,950,000.00 | 19,699,888.00 | 0.38 |
| 70137TAP0 | Parkland Corp | PKICN | 5.88 | 07/15/2027 | 19,798,000.00 | 19,743,357.00 | 0.38 |
| 92840VAH5 | Vistra Operations Co Llc | VST | 4.38 | 05/01/2029 | 19,490,000.00 | 19,143,461.00 | 0.37 |
| 62886EAY4 | NCR Voyix Corp | VYX | 5.0 | 10/01/2028 | 18,655,000.00 | 18,534,108.00 | 0.36 |
| 20752TAB0 | Connect Finco Sarl / Connect Us Finco Ll | ISATLN | 9.0 | 09/15/2029 | 17,596,000.00 | 18,629,765.00 | 0.36 |
| BL5117652 | Acrisure Llc | ACRISU | 7.25 | 06/20/2032 | 18,520,678.00 | 18,543,829.00 | 0.36 |
| 335934AV7 | First Quantum Minerals Ltd | FMCN | 9.38 | 03/01/2029 | 17,259,000.00 | 18,223,605.00 | 0.35 |
| 91282CLX7 | United States Treasury Note/bond | T | 4.13 | 11/15/2027 | 18,000,000.00 | 18,184,218.00 | 0.35 |
| BL4622678 | Lumen Technologies Inc | LUMN | 6.63 | 04/15/2029 | 18,165,739.00 | 18,023,828.00 | 0.35 |
| BL4645844 | Doncasters Finance Us Llc | DONCAS | 10.5 | 04/23/2030 | 17,744,775.00 | 17,922,222.00 | 0.35 |
| 914906AY8 | Univision Communications Inc | UVN | 8.0 | 08/15/2028 | 16,915,000.00 | 17,422,468.00 | 0.34 |
| 74165HAC2 | Prime Healthcare Services Inc | PRIHEA | 9.38 | 09/01/2029 | 16,795,000.00 | 17,673,040.00 | 0.34 |
| 707569AS8 | PENN Entertainment Inc | PENN | 5.63 | 01/15/2027 | 16,883,000.00 | 16,881,888.00 | 0.33 |
| 98313RAD8 | WYNN Macau Ltd | WYNMAC | 5.5 | 10/01/2027 | 17,000,000.00 | 16,991,500.00 | 0.33 |
| 21873SAB4 | Coreweave Inc | CRWV | 9.25 | 06/01/2030 | 16,665,000.00 | 16,803,378.00 | 0.33 |
| 22303XAA3 | Reworld Holding Corp | CVA | 4.88 | 12/01/2029 | 18,180,000.00 | 17,066,279.00 | 0.33 |
| BL5176344 | Digicel Intl Finance Ltd | DLLTD | 9.49 | 07/30/2032 | 17,580,000.00 | 17,199,094.00 | 0.33 |
| 292554AQ5 | Encore Capital Group Inc | ECPG | 9.25 | 04/01/2029 | 15,625,000.00 | 16,475,078.00 | 0.32 |
| 651229BF2 | Newell Brands Inc | NWL | 6.38 | 05/15/2030 | 17,265,000.00 | 16,401,750.00 | 0.32 |
| 654744AC5 | Nissan Motor Co Ltd | NSANY | 4.35 | 09/17/2027 | 16,930,000.00 | 16,579,718.00 | 0.32 |
| 85571BAY1 | Starwood Property Trust Inc | STWD | 4.38 | 01/15/2027 | 16,420,000.00 | 16,282,267.00 | 0.32 |
| BL4417558 | CLUE Opco Llc | FWRD | 8.81 | 12/19/2030 | 16,474,196.00 | 15,921,618.00 | 0.31 |
| 315293308 | Ferrellgas Partners Lp | FGPRB | — | — | 100,126.00 | 16,062,112.00 | 0.31 |
| 35640YAJ6 | Freedom Mortgage Corp | FREMOR | 6.63 | 01/15/2027 | 16,050,000.00 | 16,084,283.00 | 0.31 |
| 57763RAD9 | Mauser Packaging Solutions Holding Co | BWY | 7.88 | 04/15/2027 | 15,865,000.00 | 15,915,305.00 | 0.31 |
| 445587AE8 | HUNT Cos Inc | HUNTCO | 5.25 | 04/15/2029 | 16,375,000.00 | 15,932,931.00 | 0.31 |
| 527298CB7 | Level 3 Financing Inc | LVLT | 4.88 | 06/15/2029 | 15,855,000.00 | 15,216,492.00 | 0.30 |
| 58506DAA6 | Medline Borrower Lp/medline Co-issuer In | MEDIND | 6.25 | 04/01/2029 | 14,860,000.00 | 15,291,056.00 | 0.30 |
| 013092AC5 | Albertsons Cos Inc / Safeway Inc / New A | ACI | 4.63 | 01/15/2027 | 15,225,000.00 | 15,188,731.00 | 0.30 |
| 019579AA9 | Allied Universal Holdco Llc/allied Unive | UNSEAM | 4.63 | 06/01/2028 | 15,516,000.00 | 15,157,425.00 | 0.30 |
| 98379KAA0 | XPO Inc | XPO | 6.25 | 06/01/2028 | 14,875,000.00 | 15,182,998.00 | 0.30 |
| 893830BY4 | Transocean International Ltd | RIG | 8.25 | 05/15/2029 | 15,280,000.00 | 15,356,400.00 | 0.30 |
| 70932MAB3 | Pennymac Financial Services Inc | PFSI | 4.25 | 02/15/2029 | 15,600,000.00 | 15,152,978.00 | 0.30 |
| 63938CAK4 | Navient Corp | NAVI | 5.0 | 03/15/2027 | 14,848,000.00 | 14,764,217.00 | 0.29 |
| 77311WAA9 | Rocket Cos Inc | RKT | 6.13 | 08/01/2030 | 14,575,000.00 | 15,043,542.00 | 0.29 |
| 92332YAF8 | Venture Global Lng Inc | VENLNG | 9.0 | 03/30/2173 | 16,175,000.00 | 15,117,961.00 | 0.29 |
| 59833DAB6 | Midwest Gaming Borrower Llc / Midwest Ga | MWGAME | 4.88 | 05/01/2029 | 15,518,000.00 | 15,066,740.00 | 0.29 |
| 38016LAA3 | GO Daddy Operating Co Llc / Gd Finance C | GDDY | 5.25 | 12/01/2027 | 15,010,000.00 | 14,999,793.00 | 0.29 |
| 303250AF1 | FAIR Isaac Corp | FAIRIC | 4.0 | 06/15/2028 | 14,676,000.00 | 14,345,344.00 | 0.28 |
| 92840JAD1 | Vistajet Malta Finance Plc / Vista Manag | VSTJET | 7.88 | 05/01/2027 | 14,033,000.00 | 14,256,545.00 | 0.28 |
| B8AC2XVL0 | Heritage Pwr Llc | — | — | — | 217,638.00 | 14,472,927.00 | 0.28 |
| 670001AE6 | Novelis Corp | HNDLIN | 4.75 | 01/30/2030 | 14,935,000.00 | 14,417,965.00 | 0.28 |
| 654922AB9 | Nissan Motor Co Ltd | NSANY | 7.5 | 07/17/2030 | 13,685,000.00 | 14,327,373.00 | 0.28 |
| 733174AL0 | Popular Inc | BPOP | 7.25 | 03/13/2028 | 13,700,000.00 | 14,279,373.00 | 0.28 |
| 7846ELAD9 | SNF Group Saca | SNFF | 3.13 | 03/15/2027 | 14,392,000.00 | 14,048,750.00 | 0.27 |
| 963320BD7 | Whirlpool Corp | WHR | 6.13 | 06/15/2030 | 13,818,000.00 | 13,693,505.00 | 0.27 |
| 92676XAF4 | Viking Cruises Ltd | VIKCRU | 7.0 | 02/15/2029 | 13,325,000.00 | 13,382,164.00 | 0.26 |
| BL4979144 | Mavis Tire Express Servi | EOCGRO | 7.2 | 05/04/2028 | 13,252,952.00 | 13,273,653.00 | 0.26 |
| 682691AC4 | Onemain Finance Corp | OMF | 3.88 | 09/15/2028 | 13,619,000.00 | 13,145,101.00 | 0.26 |
| 552953CH2 | MGM Resorts International | MGM | 4.75 | 10/15/2028 | 13,589,000.00 | 13,505,405.00 | 0.26 |
| 552953CD1 | MGM Resorts International | MGM | 4.63 | 09/01/2026 | 13,602,000.00 | 13,585,130.00 | 0.26 |
| 50190EAA2 | LCM Investments Holdings Ii Llc | MAGLLC | 4.88 | 05/01/2029 | 13,511,000.00 | 13,161,916.00 | 0.26 |
| 12687GAA7 | Cablevision Lightpath Llc | CVLGHT | 3.88 | 09/15/2027 | 13,680,000.00 | 13,392,135.00 | 0.26 |
| 031921AC3 | Amwins Group Inc | AMWINS | 6.38 | 02/15/2029 | 12,513,000.00 | 12,752,980.00 | 0.25 |
| 69331CAH1 | PG&E Corp | PCG | 5.0 | 07/01/2028 | 12,904,000.00 | 12,805,329.00 | 0.25 |
| 70052LAC7 | PARK Intermediate Holdings Llc / Pk Dome | PK | 4.88 | 05/15/2029 | 13,050,000.00 | 12,679,781.00 | 0.25 |
| 62957HAJ4 | Nabors Industries Inc | NBR | 7.38 | 05/15/2027 | 12,478,000.00 | 12,636,885.00 | 0.25 |
| 749571AF2 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 4.75 | 10/15/2027 | 12,902,000.00 | 12,866,681.00 | 0.25 |
| 86765KAA7 | Sunoco Lp / Sunoco Finance Corp | SUN | 7.0 | 09/15/2028 | 12,695,000.00 | 13,082,177.00 | 0.25 |
| BL4964625 | Boost Newco Borrower Llc | WRLDPY | 6.0 | 01/31/2031 | 12,922,071.00 | 12,922,071.00 | 0.25 |
| 92769XAP0 | Virgin Media Secured Finance Plc | VMED | 5.5 | 05/15/2029 | 13,225,000.00 | 12,980,337.00 | 0.25 |
| 90932LAH0 | United Airlines Inc | UAL | 4.63 | 04/15/2029 | 12,400,000.00 | 12,280,807.00 | 0.24 |
| 69354NAE6 | PRA Group Inc | PRAA | 8.38 | 02/01/2028 | 12,050,000.00 | 12,227,243.00 | 0.24 |
| 460599AD5 | Brightstar Lottery Plc | IGT | 6.25 | 01/15/2027 | 12,025,000.00 | 12,082,599.00 | 0.24 |
| 29163VAG8 | Empire Communities Corp | EMPRCC | 9.75 | 05/01/2029 | 12,045,000.00 | 12,332,152.00 | 0.24 |
| SWZ9796YTF | ICE: (cdx.na.hy.45.v1) | — | 5.0 | 12/20/2030 | 159,970,000.00 | 12,263,000.00 | 0.24 |
| BL5258944 | Numericable Us Llc | SFRFP | 10.86 | 05/30/2031 | 11,940,000.00 | 11,910,150.00 | 0.23 |
| 26884LBH1 | EQT Corp | EQT | 7.5 | 06/01/2027 | 11,784,000.00 | 11,990,338.00 | 0.23 |
| 48666KAY5 | KB Home | KBH | 4.8 | 11/15/2029 | 11,858,000.00 | 11,760,204.00 | 0.23 |
| 053773BE6 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 5.75 | 07/15/2027 | 12,078,000.00 | 12,031,419.00 | 0.23 |
| 63938CAL2 | Navient Corp | NAVI | 4.88 | 03/15/2028 | 12,240,000.00 | 11,975,050.00 | 0.23 |
| 638962AA8 | NCR Atleos Corp | NCRATL | 9.5 | 04/01/2029 | 11,006,000.00 | 11,882,624.00 | 0.23 |
| 66977WAV1 | NOVA Chemicals Corp | NCX | 7.0 | 12/01/2031 | 11,280,000.00 | 11,958,604.00 | 0.23 |
| 92921EAA0 | Voyager Parent Llc | EVRI | 9.25 | 07/01/2032 | 11,450,000.00 | 12,012,049.00 | 0.23 |
| BL4808012 | TPC Group Inc | TPCG | 9.77 | 11/24/2031 | 12,611,625.00 | 11,917,985.00 | 0.23 |
| BL4680841 | Clarios Global Lp | POWSOL | 6.66 | 05/06/2030 | 11,369,349.00 | 11,355,136.00 | 0.22 |
| B8AC6L2G5 | Hurricane Cleanco Limited | — | 6.25 | 10/31/2029 | 8,255,752.00 | 11,462,695.00 | 0.22 |
| 91832VAA2 | VOC Escrow Ltd | VIKCRU | 5.0 | 02/15/2028 | 11,350,000.00 | 11,304,032.00 | 0.22 |
| 68245XAJ8 | 1011778 Bc Ulc / New Red Finance Inc | BCULC | 4.38 | 01/15/2028 | 11,244,000.00 | 11,084,784.00 | 0.22 |
| 04364VAK9 | Ascent Resources Utica Holdings Llc / Ar | ASCRES | 9.0 | 11/01/2027 | 9,709,000.00 | 11,481,781.00 | 0.22 |
| 18064PAC3 | Clarivate Science Holdings Corp | CLVTSC | 3.88 | 07/01/2028 | 11,960,000.00 | 11,526,724.00 | 0.22 |
| 42704LAF1 | HERC Holdings Inc | HRI | 7.0 | 06/15/2030 | 10,865,000.00 | 11,376,172.00 | 0.22 |
| 29365BAA1 | Entegris Inc | ENTG | 4.75 | 04/15/2029 | 11,150,000.00 | 11,073,088.00 | 0.22 |
| 346232AE1 | Forestar Group Inc | FOR | 5.0 | 03/01/2028 | 11,400,000.00 | 11,389,264.00 | 0.22 |
| BMYGPJ1 | Preem Ab | PREEM | 12.0 | 06/30/2027 | 9,360,000.00 | 11,048,814.00 | 0.22 |
| 05552BAA4 | LBM Acquisition Llc | USLBMH | 6.25 | 01/15/2029 | 11,830,000.00 | 10,793,638.00 | 0.21 |
| 08949LAB6 | BIG River Steel Llc / Brs Finance Corp | BIGBRS | 6.63 | 01/31/2029 | 10,701,000.00 | 10,717,273.00 | 0.21 |
| 65505PAA5 | Noble Finance Ii Llc | NEFINA | 8.0 | 04/15/2030 | 10,350,000.00 | 10,732,828.00 | 0.21 |
| 87724RAA0 | Taylor Morrison Communities Inc | TMHC | 5.88 | 06/15/2027 | 10,841,000.00 | 10,947,038.00 | 0.21 |
| 880779BA0 | Terex Corp | TEX | 5.0 | 05/15/2029 | 10,970,000.00 | 10,767,494.00 | 0.21 |
| 983130AX3 | WYNN Las Vegas Llc / Wynn Las Vegas Capi | WYNNLV | 5.25 | 05/15/2027 | 10,800,000.00 | 10,819,416.00 | 0.21 |
| B8ADAMRM6 | International Park Hldgs Bv | — | 7.29 | 12/31/2031 | 9,350,000.00 | 10,588,675.00 | 0.21 |
| 92564RAH8 | VICI Properties Lp / Vici Note Co Inc | VICI | 4.5 | 09/01/2026 | 10,120,000.00 | 10,123,678.00 | 0.20 |
| 92339LAA0 | Veritiv Operating Co | VRTV | 10.5 | 11/30/2030 | 9,775,000.00 | 10,176,698.00 | 0.20 |
| 861036AB7 | STL Holding Co Llc | DSLDHM | 8.75 | 02/15/2029 | 9,587,000.00 | 10,048,292.00 | 0.20 |
| 854938AA5 | STAR Leasing Co Llc | TRAILR | 7.63 | 02/15/2030 | 11,115,000.00 | 10,516,810.00 | 0.20 |
| 77340RAT4 | Rockies Express Pipeline Llc | ROCKIE | 4.8 | 05/15/2030 | 10,745,000.00 | 10,512,627.00 | 0.20 |
| 82088KAK4 | SHEA Homes Lp / Shea Homes Funding Corp | SHEAHM | 4.75 | 02/15/2028 | 10,625,000.00 | 10,521,360.00 | 0.20 |
| 68622TAA9 | Organon & Co / Organon Foreign Debt Co-i | OGN | 4.13 | 04/30/2028 | 10,608,000.00 | 10,085,180.00 | 0.20 |
| 737446AP9 | POST Holdings Inc | POST | 5.5 | 12/15/2029 | 10,010,000.00 | 10,020,534.00 | 0.20 |
| 00489LAK9 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 8.25 | 02/01/2029 | 9,711,000.00 | 10,120,890.00 | 0.20 |
| 18972EAB1 | Clydesdale Acquisition Holdings Inc | NOVHOL | 8.75 | 04/15/2030 | 10,415,000.00 | 10,441,959.00 | 0.20 |
| 17302XAM8 | Citgo Petroleum Corp | CITPET | 6.38 | 06/15/2026 | 10,350,000.00 | 10,356,364.00 | 0.20 |
| 36168QAP9 | GFL Environmental Inc | GFLCN | 4.38 | 08/15/2029 | 10,471,000.00 | 10,213,622.00 | 0.20 |
| 31556TAC3 | Fertitta Entertainment Llc / Fertitta En | FRTITA | 6.75 | 01/15/2030 | 11,339,000.00 | 10,511,258.00 | 0.20 |
| 25470MAG4 | DISH Network Corp | DISH | 11.75 | 11/15/2027 | 10,000,000.00 | 10,522,551.00 | 0.20 |
| 431318AU8 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 5.75 | 02/01/2029 | 10,303,000.00 | 10,098,201.00 | 0.20 |
| 603051AE3 | Mineral Resources Ltd | MINAU | 9.25 | 10/01/2028 | 9,683,000.00 | 10,147,203.00 | 0.20 |
| 57779EAA6 | Maxim Crane Works Holdings Capital Llc | CLDCRN | 11.5 | 09/01/2028 | 9,365,000.00 | 9,941,865.00 | 0.19 |
| 50050NAA1 | Kontoor Brands Inc | KTB | 4.13 | 11/15/2029 | 10,306,000.00 | 9,804,716.00 | 0.19 |
| 50168AAA8 | LABL Inc | LABL | 10.5 | 07/15/2027 | 14,710,000.00 | 9,600,039.00 | 0.19 |
| 335934AU9 | First Quantum Minerals Ltd | FMCN | 8.63 | 06/01/2031 | 9,399,000.00 | 9,833,703.00 | 0.19 |
| 36170JAA4 | GGAM Finance Ltd | GGAMFI | 8.0 | 06/15/2028 | 9,175,000.00 | 9,713,572.00 | 0.19 |
| 019576AF4 | Allied Universal Holdco Llc / Allied Uni | UNSEAM | 6.88 | 06/15/2030 | 9,585,000.00 | 9,829,886.00 | 0.19 |
| 07556QBT1 | Beazer Homes Usa Inc | BZH | 7.25 | 10/15/2029 | 9,592,000.00 | 9,719,875.00 | 0.19 |
| 097023DG7 | Boeing Co/the | BA | 2.2 | 02/04/2026 | 10,000,000.00 | 9,943,884.00 | 0.19 |
| 69344A206 | PGIM Active High Yield Bond Etf | PHYL | — | — | 275,000.00 | 9,784,500.00 | 0.19 |
| 629377CE0 | NRG Energy Inc | NRG | 5.75 | 01/15/2028 | 9,899,000.00 | 9,936,714.00 | 0.19 |
| 64083YAA9 | Nesco Holdings Ii Inc | NSCO | 5.5 | 04/15/2029 | 10,050,000.00 | 9,825,603.00 | 0.19 |
| 62886HBP5 | NCL Corp Ltd | NCLH | 6.25 | 03/01/2030 | 9,715,000.00 | 9,847,998.00 | 0.19 |
| 92840VAB8 | Vistra Operations Co Llc | VST | 5.63 | 02/15/2027 | 9,800,000.00 | 9,802,280.00 | 0.19 |
| BL4813269 | Trans Union Llc | TRUN | 5.91 | 06/24/2031 | 9,577,967.00 | 9,561,502.00 | 0.19 |
| BL4985299 | Boxer Parent Co Inc | BMC | 7.2 | 07/30/2031 | 9,866,681.00 | 9,795,759.00 | 0.19 |
| 92841HAA0 | Vistajet Malta Finance Plc / Vista Manag | VSTJET | 9.5 | 06/01/2028 | 8,862,000.00 | 9,204,959.00 | 0.18 |
| 91327BAB6 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 4.75 | 04/15/2028 | 9,710,000.00 | 9,487,736.00 | 0.18 |
| 893647BU0 | Transdigm Inc | TDG | 6.38 | 03/01/2029 | 8,910,000.00 | 9,149,349.00 | 0.18 |
| 67111BAN0 | OFSI Bsl Ix Ltd | OFSBS | 5.09 | 07/15/2031 | 9,076,559.00 | 9,076,523.00 | 0.18 |
| 681639AA8 | Olympus Water Us Holding Corp | SOLEIN | 4.25 | 10/01/2028 | 9,811,000.00 | 9,385,857.00 | 0.18 |
| 69356MAA4 | PM General Purchaser Llc | AMGENE | 9.5 | 10/01/2028 | 10,375,000.00 | 9,022,344.00 | 0.18 |
| 70137WAG3 | Parkland Corp | PKICN | 4.5 | 10/01/2029 | 9,550,000.00 | 9,156,253.00 | 0.18 |
| 05508WAC9 | B&G Foods Inc | BGS | 8.0 | 09/15/2028 | 9,605,000.00 | 9,037,238.00 | 0.18 |
| 058498AZ9 | BALL Corp | BALL | 6.0 | 06/15/2029 | 8,855,000.00 | 9,071,631.00 | 0.18 |
| 00653VAE1 | Adapthealth Llc | ADAHEA | 5.13 | 03/01/2030 | 9,497,000.00 | 9,092,351.00 | 0.18 |
| 35641AAA6 | Freedom Mortgage Holdings Llc | FREMOR | 9.25 | 02/01/2029 | 9,035,000.00 | 9,488,607.00 | 0.18 |
| 233104AA6 | DCLI Bidco Llc | DIRCHA | 7.75 | 11/15/2029 | 9,025,000.00 | 9,173,803.00 | 0.18 |
| 431318AS3 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.25 | 11/01/2028 | 9,249,000.00 | 9,263,719.00 | 0.18 |
| 475795AD2 | Jeld-wen Inc | JELD | 4.88 | 12/15/2027 | 9,270,000.00 | 9,015,097.00 | 0.18 |
| 536797AG8 | Lithia Motors Inc | LAD | 3.88 | 06/01/2029 | 9,550,000.00 | 9,123,754.00 | 0.18 |
| 62886HBG5 | NCL Corp Ltd | NCLH | 7.75 | 02/15/2029 | 8,875,000.00 | 9,484,801.00 | 0.18 |
| 55305BAS0 | M/I Homes Inc | MHO | 4.95 | 02/01/2028 | 8,591,000.00 | 8,562,537.00 | 0.17 |
| 55342UAH7 | MPT Operating Partnership Lp / Mpt Finan | MPW | 5.0 | 10/15/2027 | 9,055,000.00 | 8,712,439.00 | 0.17 |
| 35908MAB6 | Frontier Communications Holdings Llc | FYBR | 6.0 | 01/15/2030 | 8,608,000.00 | 8,727,018.00 | 0.17 |
| 00810GAD6 | Aethon United Br Lp / Aethon United Fina | AETUNI | 7.5 | 10/01/2029 | 8,215,000.00 | 8,524,663.00 | 0.17 |
| 03969AAN0 | Ardagh Packaging Finance Plc / Ardagh Ho | ARGID | 4.13 | 08/15/2026 | 9,453,000.00 | 8,885,820.00 | 0.17 |
| 126307AQ0 | CSC Holdings Llc | CSCHLD | 5.5 | 04/15/2027 | 9,571,000.00 | 8,901,030.00 | 0.17 |
| 682691AJ9 | Onemain Finance Corp | OMF | 6.75 | 03/15/2032 | 8,400,000.00 | 8,524,118.00 | 0.17 |
| 68245XAH2 | 1011778 Bc Ulc / New Red Finance Inc | BCULC | 3.88 | 01/15/2028 | 9,082,000.00 | 8,901,903.00 | 0.17 |
| 68245XAM1 | 1011778 Bc Ulc / New Red Finance Inc | BCULC | 4.0 | 10/15/2030 | 9,335,000.00 | 8,843,045.00 | 0.17 |
| 87724RAB8 | Taylor Morrison Communities Inc | TMHC | 5.75 | 01/15/2028 | 8,769,000.00 | 8,873,829.00 | 0.17 |
| BL5224490 | Level 3 Financing Inc | LVLT | 7.42 | 03/29/2032 | 8,745,321.00 | 8,717,991.00 | 0.17 |
| G2770C100 | Digicel Intl Fin Ltd Common Equity | — | — | — | 475,786.00 | 7,999,390.00 | 0.16 |
| 80874DAA4 | Scientific Games Holdings Lp/scientific | SCGALO | 6.63 | 03/01/2030 | 9,175,000.00 | 8,374,933.00 | 0.16 |
| 74841CAA9 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 3.63 | 03/01/2029 | 8,350,000.00 | 8,021,594.00 | 0.16 |
| 896215AH3 | Trimas Corp | TRS | 4.13 | 04/15/2029 | 8,565,000.00 | 8,282,332.00 | 0.16 |
| 92332YAD3 | Venture Global Lng Inc | VENLNG | 9.88 | 02/01/2032 | 7,555,000.00 | 8,067,291.00 | 0.16 |
| BL4949832 | Clarios Global Lp | POWSOL | 6.91 | 01/28/2032 | 8,375,000.00 | 8,347,086.00 | 0.16 |
| 13323AAB6 | Camelot Finance Sa | CCC | 4.5 | 11/01/2026 | 8,254,000.00 | 8,185,326.00 | 0.16 |
| 17888HAA1 | Civitas Resources Inc | CIVI | 8.38 | 07/01/2028 | 7,730,000.00 | 7,983,340.00 | 0.16 |
| 143658BY7 | Carnival Corp | CCL | 5.75 | 03/15/2030 | 7,776,000.00 | 8,009,280.00 | 0.16 |
| 041242AA6 | ARKO Corp | ARKO | 5.13 | 11/15/2029 | 9,750,000.00 | 8,170,240.00 | 0.16 |
| 049362AA4 | Allied Universal Holdco Llc/allied Unive | UNSEAM | 4.63 | 06/01/2028 | 8,410,000.00 | 8,232,128.00 | 0.16 |
| 25260WAD3 | Diamond Foreign Asset Co / Diamond Finan | DO | 8.5 | 10/01/2030 | 7,740,000.00 | 8,200,917.00 | 0.16 |
| 53219LAU3 | Lifepoint Health Inc | RGCARE | 5.38 | 01/15/2029 | 8,275,000.00 | 8,014,878.00 | 0.16 |
| 50168QAC9 | LABL Inc | LABL | 5.88 | 11/01/2028 | 10,900,000.00 | 7,858,611.00 | 0.15 |
| 55609NAC2 | Macquarie Airfinance Holdings Ltd | MCAIRH | 6.4 | 03/26/2029 | 7,100,000.00 | 7,460,979.00 | 0.15 |
| 235825AF3 | DANA Inc | DAN | 5.38 | 11/15/2027 | 7,525,000.00 | 7,522,145.00 | 0.15 |
| 23918KAT5 | Davita Inc | DVA | 3.75 | 02/15/2031 | 8,180,200.00 | 7,516,144.00 | 0.15 |
| 185899AQ4 | Cleveland-cliffs Inc | CLF | 6.88 | 11/01/2029 | 7,485,000.00 | 7,691,041.00 | 0.15 |
| 12543DBH2 | Chs/community Health Systems Inc | CYH | 6.0 | 01/15/2029 | 7,702,000.00 | 7,625,355.00 | 0.15 |
| 109641AK6 | Brinker International Inc | EAT | 8.25 | 07/15/2030 | 7,300,000.00 | 7,736,992.00 | 0.15 |
| BL3652478 | Skillsoft Finance Ii Inc | SKIL | 9.53 | 07/14/2028 | 9,212,543.00 | 7,925,661.00 | 0.15 |
| 893830BX6 | Transocean International Ltd | RIG | 8.75 | 02/15/2030 | 7,193,250.00 | 7,525,362.00 | 0.15 |
| 98313RAH9 | WYNN Macau Ltd | WYNMAC | 5.63 | 08/26/2028 | 7,841,000.00 | 7,829,238.00 | 0.15 |
| 74843PAA8 | Quikrete Holdings Inc | QUIKHO | 6.38 | 03/01/2032 | 7,470,000.00 | 7,754,358.00 | 0.15 |
| 71880KAA9 | Phinia Inc | PHIN | 6.75 | 04/15/2029 | 7,250,000.00 | 7,489,823.00 | 0.15 |
| 668771AK4 | GEN Digital Inc | GEN | 6.75 | 09/30/2027 | 7,525,000.00 | 7,643,635.00 | 0.15 |
| 62957HAP0 | Nabors Industries Inc | NBR | 9.13 | 01/31/2030 | 7,325,000.00 | 7,697,020.00 | 0.15 |
| 85172FAR0 | Onemain Finance Corp | OMF | 5.38 | 11/15/2029 | 7,600,000.00 | 7,538,009.00 | 0.15 |
| 81725WAK9 | Sensata Technologies Bv | ST | 4.0 | 04/15/2029 | 7,400,000.00 | 7,205,750.00 | 0.14 |
| 857691AG4 | Station Casinos Llc | RRR | 4.5 | 02/15/2028 | 7,175,000.00 | 7,064,542.00 | 0.14 |
| BL3543891 | Connect Finco Sarl | IMASF | 7.66 | 12/11/2026 | 7,042,003.00 | 7,022,933.00 | 0.14 |
| 071734AN7 | Bausch Health Cos Inc | BHCCN | 4.88 | 06/01/2028 | 7,834,000.00 | 7,168,266.00 | 0.14 |
| 235825AG1 | DANA Inc | DAN | 5.63 | 06/15/2028 | 7,375,000.00 | 7,374,271.00 | 0.14 |
| 35906ABG2 | Frontier Communications Holdings Llc | FYBR | 6.75 | 05/01/2029 | 6,925,000.00 | 6,994,240.00 | 0.14 |
| 380355AJ6 | Goeasy Ltd | GSYCN | 7.63 | 07/01/2029 | 7,040,000.00 | 7,083,788.00 | 0.14 |
| 55819JAN3 | Madison Park Funding Xxxiii Ltd | MDPK | 5.19 | 10/15/2032 | 7,369,848.00 | 7,374,676.00 | 0.14 |
| 601137AA0 | Millrose Properties Inc | MRP | 6.38 | 08/01/2030 | 6,985,000.00 | 7,084,382.00 | 0.14 |
| 45344LAC7 | Crescent Energy Finance Llc | CRGYFN | 9.25 | 02/15/2028 | 6,565,000.00 | 6,794,820.00 | 0.13 |
| 00253XAA9 | American Airlines Inc/aadvantage Loyalty | AAL | 5.5 | 04/20/2026 | 6,471,918.00 | 6,472,008.00 | 0.13 |
| 143658BQ4 | Carnival Corp | CCL | 4.0 | 08/01/2028 | 6,925,000.00 | 6,803,812.00 | 0.13 |
| 185899AN1 | Cleveland-cliffs Inc | CLF | 6.75 | 04/15/2030 | 6,525,000.00 | 6,670,872.00 | 0.13 |
| BL3856764 | Viasat Inc | VSAT | 8.78 | 03/02/2029 | 6,592,752.00 | 6,535,065.00 | 0.13 |
| B8AB393F8 | TPC Group Rights | — | — | — | 319,092.00 | 6,488,097.00 | 0.13 |
| BL4846426 | Cimpress Plc | CMPR | 6.66 | 05/17/2028 | 6,897,320.00 | 6,862,833.00 | 0.13 |
| BL4622694 | Lumen Technologies Inc | LUMN | 6.63 | 04/15/2030 | 6,524,790.00 | 6,482,378.00 | 0.13 |
| 896522AJ8 | Trinity Industries Inc | TRN | 7.75 | 07/15/2028 | 6,635,000.00 | 6,876,169.00 | 0.13 |
| 86765LAQ0 | Sunoco Lp / Sunoco Finance Corp | SUN | 6.0 | 04/15/2027 | 6,575,000.00 | 6,583,214.00 | 0.13 |
| 88642RAE9 | Tidewater Inc | TDW | 9.13 | 07/15/2030 | 6,350,000.00 | 6,776,683.00 | 0.13 |
| 65480CAK1 | Nissan Motor Acceptance Co Llc | NSANY | 5.63 | 09/29/2028 | 6,635,000.00 | 6,632,615.00 | 0.13 |
| 69354NAF3 | PRA Group Inc | PRAA | 8.88 | 01/31/2030 | 6,568,000.00 | 6,673,105.00 | 0.13 |
| BL5229192 | NCR Atleos Corp | NCRATL | 7.03 | 04/16/2029 | 6,926,933.00 | 6,916,113.00 | 0.13 |
| 70052LAB9 | PARK Intermediate Holdings Llc / Pk Dome | PK | 5.88 | 10/01/2028 | 6,187,000.00 | 6,178,250.00 | 0.12 |
| 70082LAC1 | PARK River Holdings Inc | PRIMBP | 8.0 | 03/15/2031 | 6,210,000.00 | 6,391,141.00 | 0.12 |
| 62886HBR1 | NCL Corp Ltd | NCLH | 6.75 | 02/01/2032 | 5,840,000.00 | 5,993,300.00 | 0.12 |
| 88830MAM4 | Titan International Inc | TWI | 7.0 | 04/30/2028 | 6,000,000.00 | 6,014,491.00 | 0.12 |
| 85172FAN9 | Onemain Finance Corp | OMF | 7.13 | 03/15/2026 | 6,222,000.00 | 6,264,898.00 | 0.12 |
| 85172FAQ2 | Onemain Finance Corp | OMF | 6.63 | 01/15/2028 | 6,036,000.00 | 6,179,129.00 | 0.12 |
| BL4799294 | Xplore Inc/nb | BARXPL | 6.0 | 10/24/2031 | 9,160,741.00 | 6,298,009.00 | 0.12 |
| 98927UAA5 | Zegona Finance Plc | ZEGLN | 8.63 | 07/15/2029 | 5,580,000.00 | 5,928,192.00 | 0.12 |
| 143658CA8 | Carnival Corp | CCL | 5.75 | 08/01/2032 | 6,000,000.00 | 6,165,000.00 | 0.12 |
| 097793AE3 | Civitas Resources Inc | CIVI | 5.0 | 10/15/2026 | 6,225,000.00 | 6,193,957.00 | 0.12 |
| 023771T32 | American Airlines Inc | AAL | 7.25 | 02/15/2028 | 6,100,000.00 | 6,240,416.00 | 0.12 |
| 469815AL8 | Jacobs Entertainment Inc | JACENT | 6.75 | 02/15/2029 | 6,575,000.00 | 6,399,246.00 | 0.12 |
| 59155LAA0 | Mavis Tire Express Services Topco Corp | EOCGRO | 6.5 | 05/15/2029 | 6,418,000.00 | 6,353,139.00 | 0.12 |
| 398433AP7 | Griffon Corp | GFF | 5.75 | 03/01/2028 | 6,375,000.00 | 6,371,589.00 | 0.12 |
| 380355AH0 | Goeasy Ltd | GSYCN | 9.25 | 12/01/2028 | 5,834,000.00 | 6,034,514.00 | 0.12 |
| 21979LAB2 | Coronado Finance Pty Ltd | CRNAU | 9.25 | 10/01/2029 | 6,600,000.00 | 5,976,300.00 | 0.12 |
| 27034RAA1 | Permian Resources Operating Llc | PR | 8.0 | 04/15/2027 | 5,480,000.00 | 5,556,291.00 | 0.11 |
| 36168QAL8 | GFL Environmental Inc | GFLCN | 4.0 | 08/01/2028 | 6,020,000.00 | 5,888,884.00 | 0.11 |
| 35640YAL1 | Freedom Mortgage Corp | FREMOR | 12.25 | 10/01/2030 | 5,000,000.00 | 5,571,206.00 | 0.11 |
| 553283AG7 | MPH Acquisition Holdings Llc | MLTPLN | 5.75 | 12/31/2030 | 6,187,258.00 | 5,620,167.00 | 0.11 |
| 47232MAG7 | Jefferies Finance Llc / Jfin Co-issuer C | JEFFIN | 6.63 | 10/15/2031 | 5,750,000.00 | 5,667,944.00 | 0.11 |
| 019576AD9 | Allied Universal Holdco Llc | UNSEAM | 7.88 | 02/15/2031 | 5,600,000.00 | 5,836,577.00 | 0.11 |
| 00687YAB1 | Adient Global Holdings Ltd | ADNT | 7.0 | 04/15/2028 | 5,541,000.00 | 5,667,944.00 | 0.11 |
| 053773BC0 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 5.75 | 07/15/2027 | 5,699,000.00 | 5,680,173.00 | 0.11 |
| 17888HAC7 | Civitas Resources Inc | CIVI | 8.63 | 11/01/2030 | 5,450,000.00 | 5,633,674.00 | 0.11 |
| 92332YAE1 | Venture Global Lng Inc | VENLNG | 7.0 | 01/15/2030 | 5,445,000.00 | 5,508,758.00 | 0.11 |
| 92874BAA3 | Voltagrid Llc | VOLTAG | 7.38 | 11/01/2030 | 5,385,000.00 | 5,476,278.00 | 0.11 |
| 852234AT0 | Block Inc | XYZ | 5.63 | 08/15/2030 | 5,580,000.00 | 5,663,853.00 | 0.11 |
| 853496AD9 | Standard Industries Inc/ny | BMCAUS | 4.75 | 01/15/2028 | 5,600,000.00 | 5,578,426.00 | 0.11 |
| 85571BBB0 | Starwood Property Trust Inc | STWD | 7.25 | 04/01/2029 | 5,300,000.00 | 5,581,624.00 | 0.11 |
| 64828TAC6 | Rithm Capital Corp | RITM | 8.0 | 07/15/2030 | 5,785,000.00 | 5,864,833.00 | 0.11 |
| 70932MAD9 | Pennymac Financial Services Inc | PFSI | 7.88 | 12/15/2029 | 4,617,000.00 | 4,905,746.00 | 0.10 |
| 70932MAE7 | Pennymac Financial Services Inc | PFSI | 7.13 | 11/15/2030 | 4,675,000.00 | 4,887,992.00 | 0.10 |
| 74841CAB7 | Rocket Mortgage Llc / Rocket Mortgage Co | RKT | 3.88 | 03/01/2031 | 5,600,000.00 | 5,263,261.00 | 0.10 |
| 740212AM7 | Precision Drilling Corp | PDCN | 6.88 | 01/15/2029 | 5,000,000.00 | 5,021,000.00 | 0.10 |
| 69306RAB2 | P&L Development Llc / Pld Finance Corp | PLDEVE | 12.0 | 05/15/2029 | 4,906,160.00 | 5,074,286.00 | 0.10 |
| 89157UAA5 | Toucan Finco Ltd/toucan Finco Can Inc/to | TOUCAN | 9.5 | 05/15/2030 | 5,725,000.00 | 5,367,187.00 | 0.10 |
| 87470LAL5 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 7.38 | 02/15/2029 | 5,170,000.00 | 5,328,643.00 | 0.10 |
| 83613HAL1 | Sound Point Clo Xxi Ltd | SNDPT | 5.16 | 10/26/2031 | 5,307,509.00 | 5,312,631.00 | 0.10 |
| BL3925031 | IRIS Holding Inc | ITPCN | 9.16 | 06/28/2028 | 5,267,057.00 | 5,104,931.00 | 0.10 |
| B8ADRJ0H5 | Clubcorp Holdings Inc | — | 9.16 | 04/30/2032 | 5,071,492.00 | 5,029,905.00 | 0.10 |
| 205768AT1 | Comstock Resources Inc | CRK | 5.88 | 01/15/2030 | 5,300,000.00 | 5,043,580.00 | 0.10 |
| 11283YAD2 | Brookfield Residential Properties Inc / | BRPCN | 4.88 | 02/15/2030 | 5,300,000.00 | 4,894,232.00 | 0.10 |
| 04288BAC4 | Arsenal Aic Parent Llc | ARNC | 11.5 | 10/01/2031 | 4,635,000.00 | 5,151,212.00 | 0.10 |
| 02406PAU4 | American Axle & Manufacturing Inc | AXL | 6.5 | 04/01/2027 | 5,040,000.00 | 5,040,000.00 | 0.10 |
| 34966MAA0 | Fortress Intermediate 3 Inc | PSDO | 7.5 | 06/01/2031 | 4,940,000.00 | 5,153,503.00 | 0.10 |
| 36170JAB2 | GGAM Finance Ltd | GGAMFI | 7.75 | 05/15/2026 | 5,075,000.00 | 5,076,877.00 | 0.10 |
| 380355AN7 | Goeasy Ltd | GSYCN | 7.38 | 10/01/2030 | 5,155,000.00 | 5,143,452.00 | 0.10 |
| 380355AR8 | Goeasy Ltd | GSYCN | 6.88 | 02/15/2031 | 5,380,000.00 | 5,258,950.00 | 0.10 |
| 42704LAE4 | HERC Holdings Inc | HRI | 6.63 | 06/15/2029 | 4,935,000.00 | 5,097,824.00 | 0.10 |
| BL5118916 | Bingo Holdings I Llc | AGS | 8.75 | 06/30/2032 | 5,225,000.00 | 5,158,057.00 | 0.10 |
| BMGB6F7 | Ardagh Packaging Finance Plc / Ardagh Ho | ARGID | 2.13 | 08/15/2026 | 4,750,000.00 | 5,313,024.00 | 0.10 |
| BL4993863 | MPH Acquisition Holdings | MLTPLN | 9.17 | 12/31/2030 | 4,731,018.00 | 4,470,812.00 | 0.09 |
| BNZHNG3 | Bellis Acquisition Co Plc | ASSDLN | 8.13 | 05/14/2030 | 3,607,000.00 | 4,560,821.00 | 0.09 |
| 39807UAD8 | Greystar Real Estate Partners Llc | GRSTAR | 7.75 | 09/01/2030 | 4,309,000.00 | 4,555,952.00 | 0.09 |
| 36168QAN4 | GFL Environmental Inc | GFLCN | 4.75 | 06/15/2029 | 4,500,000.00 | 4,454,640.00 | 0.09 |
| 432833AP6 | Hilton Domestic Operating Co Inc | HLT | 5.88 | 04/01/2029 | 4,320,000.00 | 4,411,489.00 | 0.09 |
| 603051AC7 | Mineral Resources Ltd | MINAU | 8.0 | 11/01/2027 | 4,783,000.00 | 4,872,585.00 | 0.09 |
| 553283AF9 | MPH Acquisition Holdings Llc | MLTPLN | 11.5 | 12/31/2030 | 4,139,160.00 | 4,454,574.00 | 0.09 |
| 030981AL8 | Amerigas Partners Lp / Amerigas Finance | APU | 5.75 | 05/20/2027 | 4,429,000.00 | 4,443,084.00 | 0.09 |
| 00489LAF0 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 4.25 | 02/15/2029 | 5,000,000.00 | 4,801,896.00 | 0.09 |
| 05480AAA3 | Azorra Finance Ltd | AZORRA | 7.75 | 04/15/2030 | 4,365,000.00 | 4,594,162.00 | 0.09 |
| 12511VAA6 | Churchill Downs Inc | CHDN | 5.75 | 04/01/2030 | 4,500,000.00 | 4,507,890.00 | 0.09 |
| 18060TAE5 | Clarios Global Lp / Clarios Us Finance C | POWSOL | 6.75 | 09/15/2032 | 4,585,000.00 | 4,712,096.00 | 0.09 |
| 165167735 | Expand Energy Corp | EXE | — | — | 45,874.00 | 4,739,242.00 | 0.09 |
| 15089QAW4 | Celanese Us Holdings Llc | CE | 6.85 | 11/15/2028 | 4,550,000.00 | 4,704,821.00 | 0.09 |
| BL4045797 | Tenneco Inc | TENINC | 9.3 | 11/17/2028 | 4,600,000.00 | 4,520,139.00 | 0.09 |
| 95081QAP9 | Wesco Distribution Inc | WCC | 7.25 | 06/15/2028 | 4,602,000.00 | 4,665,243.00 | 0.09 |
| 92537RAA7 | TK Elevator Us Newco Inc | THYELE | 5.25 | 07/15/2027 | 4,425,000.00 | 4,413,937.00 | 0.09 |
| 983133AA7 | WYNN Resorts Finance Llc / Wynn Resorts | WYNFIN | 5.13 | 10/01/2029 | 4,575,000.00 | 4,576,529.00 | 0.09 |
| 978097AG8 | Wolverine World Wide Inc | WWW | 4.0 | 08/15/2029 | 5,265,000.00 | 4,819,107.00 | 0.09 |
| 98379JAA3 | RXO Inc | RXO | 7.5 | 11/15/2027 | 4,745,000.00 | 4,848,102.00 | 0.09 |
| 91282CKS9 | United States Treasury Note/bond | T | 4.88 | 05/31/2026 | 4,489,000.00 | 4,515,478.00 | 0.09 |
| 82088KAJ7 | SHEA Homes Lp / Shea Homes Funding Corp | SHEAHM | 4.75 | 04/01/2029 | 4,500,000.00 | 4,406,579.00 | 0.09 |
| 893647BR7 | Transdigm Inc | TDG | 6.75 | 08/15/2028 | 4,750,000.00 | 4,850,356.00 | 0.09 |
| 86765KAB5 | Sunoco Lp | SUN | 7.0 | 05/01/2029 | 4,295,000.00 | 4,462,416.00 | 0.09 |
| 66977WAU3 | NOVA Chemicals Corp | NCX | 9.0 | 02/15/2030 | 4,370,000.00 | 4,675,157.00 | 0.09 |
| 68245XAR0 | 1011778 Bc Ulc / New Red Finance Inc | BCULC | 6.13 | 06/15/2029 | 4,210,000.00 | 4,323,796.00 | 0.08 |
| 645370AF4 | NEW Home Co Inc/the | NWHM | 9.25 | 10/01/2029 | 3,975,000.00 | 4,173,538.00 | 0.08 |
| 682691AB6 | Onemain Finance Corp | OMF | 3.5 | 01/15/2027 | 4,195,000.00 | 4,126,485.00 | 0.08 |
| 682691AL4 | Onemain Finance Corp | OMF | 6.13 | 05/15/2030 | 3,835,000.00 | 3,879,522.00 | 0.08 |
| 682691AH3 | Onemain Finance Corp | OMF | 6.63 | 05/15/2029 | 3,950,000.00 | 4,065,504.00 | 0.08 |
| 70052LAD5 | PARK Intermediate Holdings Llc / Pk Dome | PK | 7.0 | 02/01/2030 | 4,040,000.00 | 4,139,897.00 | 0.08 |
| 716964AA9 | PHH Escrow Issuer Llc/phh Corp | PHHESC | 9.88 | 11/01/2029 | 3,925,000.00 | 3,938,824.00 | 0.08 |
| 864486AK1 | Suburban Propane Partners Lp/suburban En | SPH | 5.88 | 03/01/2027 | 4,008,000.00 | 4,007,519.00 | 0.08 |
| 845467AS8 | Expand Energy Corp | EXE | 5.38 | 03/15/2030 | 4,030,000.00 | 4,088,835.00 | 0.08 |
| 77311WAC5 | Rocket Cos Inc | RKT | 6.5 | 08/01/2029 | 4,145,000.00 | 4,298,850.00 | 0.08 |
| 893830BZ1 | Transocean International Ltd | RIG | 8.5 | 05/15/2031 | 4,150,000.00 | 4,099,743.00 | 0.08 |
| 92682RAA0 | Viking Ocean Cruises Ship Vii Ltd | VIKCRU | 5.63 | 02/15/2029 | 4,000,000.00 | 3,993,120.00 | 0.08 |
| B8AC8DDQ7 | Venator Fin Sarl | — | 13.89 | 12/31/2025 | 5,556,116.00 | 4,167,087.00 | 0.08 |
| BL4938413 | Venator Finance Sarl | VNTR | 6.0 | 07/16/2026 | 5,586,570.00 | 4,189,927.00 | 0.08 |
| BL4063485 | Altice Financing Sa | ALTICE | 8.9 | 10/31/2027 | 5,058,965.00 | 3,983,934.00 | 0.08 |
| 126307AS6 | CSC Holdings Llc | CSCHLD | 5.38 | 02/01/2028 | 4,950,000.00 | 4,101,981.00 | 0.08 |
| 031921AB5 | Amwins Group Inc | AMWINS | 4.88 | 06/30/2029 | 4,150,000.00 | 4,007,452.00 | 0.08 |
| 045086AP0 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 4.63 | 04/01/2030 | 4,400,000.00 | 4,143,184.00 | 0.08 |
| 07556QBU8 | Beazer Homes Usa Inc | BZH | 7.5 | 03/15/2031 | 4,300,000.00 | 4,361,101.00 | 0.08 |
| 00489LAM5 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 8.5 | 06/15/2029 | 3,870,000.00 | 4,062,467.00 | 0.08 |
| 00737WAA7 | Adtalem Global Education Inc | ATGE | 5.5 | 03/01/2028 | 4,078,000.00 | 4,080,323.00 | 0.08 |
| 02128LAC0 | ALTA Equipment Group Inc | ALTG | 9.0 | 06/01/2029 | 4,665,000.00 | 4,236,187.00 | 0.08 |
| 552953CK5 | MGM Resorts International | MGM | 6.13 | 09/15/2029 | 4,000,000.00 | 4,072,261.00 | 0.08 |
| 469815AK0 | Jacobs Entertainment Inc | JACENT | 6.75 | 02/15/2029 | 4,375,000.00 | 4,239,500.00 | 0.08 |
| 513272AC8 | LAMB Weston Holdings Inc | LW | 4.88 | 05/15/2028 | 4,100,000.00 | 4,103,920.00 | 0.08 |
| 513272AD6 | LAMB Weston Holdings Inc | LW | 4.13 | 01/31/2030 | 4,425,000.00 | 4,272,685.00 | 0.08 |
| 384701AA6 | Graham Packaging Co Inc | GRMPAC | 7.13 | 08/15/2028 | 4,155,000.00 | 4,138,349.00 | 0.08 |
| 29272WAD1 | Energizer Holdings Inc | ENR | 4.38 | 03/31/2029 | 4,300,000.00 | 4,128,567.00 | 0.08 |
| BQ0G6D4 | Bellis Acquisition Co Plc | ASSDLN | 8.0 | 07/01/2031 | 3,609,000.00 | 4,201,512.00 | 0.08 |
| BL5007242 | Windsor Holdings Iii Llc | UNVR | 6.92 | 08/01/2030 | 4,028,659.00 | 4,016,907.00 | 0.08 |
| BL4993855 | MPH Acquisition Holdings | MLTPLN | 8.06 | 12/31/2030 | 3,455,163.00 | 3,447,965.00 | 0.07 |
| 29362UAC8 | Entegris Inc | ENTG | 4.38 | 04/15/2028 | 3,725,000.00 | 3,658,846.00 | 0.07 |
| 31556TAA7 | Fertitta Entertainment Llc / Fertitta En | FRTITA | 4.63 | 01/15/2029 | 3,785,000.00 | 3,620,383.00 | 0.07 |
| 28228PAC5 | EG Global Finance Plc | EGBLFN | 12.0 | 11/30/2028 | 3,300,000.00 | 3,606,768.00 | 0.07 |
| 38869AAB3 | Graphic Packaging International Llc | GPK | 3.5 | 03/15/2028 | 3,550,000.00 | 3,428,942.00 | 0.07 |
| 44267DAE7 | Howard Hughes Corp/the | HHH | 4.13 | 02/01/2029 | 3,624,000.00 | 3,483,106.00 | 0.07 |
| 536797AJ2 | Lithia Motors Inc | LAD | 5.5 | 10/01/2030 | 3,525,000.00 | 3,531,925.00 | 0.07 |
| 53523LAB6 | Lindblad Expeditions Llc | LIND | 7.0 | 09/15/2030 | 3,420,000.00 | 3,484,502.00 | 0.07 |
| 601137AB8 | Millrose Properties Inc | MRP | 6.25 | 09/15/2032 | 3,740,000.00 | 3,757,848.00 | 0.07 |
| 03690AAF3 | Antero Midstream Partners Lp / Antero Mi | AM | 5.75 | 01/15/2028 | 3,624,000.00 | 3,624,018.00 | 0.07 |
| 00175PAD5 | AMN Healthcare Inc | AMN | 6.5 | 01/15/2031 | 3,810,000.00 | 3,818,948.00 | 0.07 |
| 05464CAC5 | AXON Enterprise Inc | AXON | 6.13 | 03/15/2030 | 3,520,000.00 | 3,628,794.00 | 0.07 |
| 12543DBM1 | Chs/community Health Systems Inc | CYH | 5.25 | 05/15/2030 | 3,700,000.00 | 3,468,046.00 | 0.07 |
| 15853BAA9 | Champion Iron Canada Inc | CIACN | 7.88 | 07/15/2032 | 3,345,000.00 | 3,506,229.00 | 0.07 |
| 18972EAD7 | Clydesdale Acquisition Holdings Inc | NOVHOL | 6.75 | 04/15/2032 | 3,350,000.00 | 3,361,133.00 | 0.07 |
| BL4587764 | Magnera Corp | MAGN | 8.45 | 11/04/2031 | 3,864,919.00 | 3,623,361.00 | 0.07 |
| BL4047090 | Tenneco Inc | TEN | 9.05 | 11/17/2028 | 3,711,271.00 | 3,639,034.00 | 0.07 |
| 98877DAH8 | ZF North America Capital Inc | ZFFNGR | 7.5 | 03/24/2031 | 3,560,000.00 | 3,435,400.00 | 0.07 |
| 92332YAA9 | Venture Global Lng Inc | VENLNG | 8.13 | 06/01/2028 | 3,625,000.00 | 3,734,291.00 | 0.07 |
| 97381AAA0 | Windstream Services Llc / Windstream Esc | WIN | 8.25 | 10/01/2031 | 3,530,000.00 | 3,605,694.00 | 0.07 |
| 96350RAA2 | White Cap Buyer Llc | WHTCAP | 6.88 | 10/15/2028 | 3,850,000.00 | 3,850,000.00 | 0.07 |
| 749571AK1 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 6.5 | 04/01/2032 | 3,745,000.00 | 3,851,512.00 | 0.07 |
| 780153BW1 | Royal Caribbean Cruises Ltd | RCL | 5.63 | 09/30/2031 | 3,665,000.00 | 3,727,274.00 | 0.07 |
| 76884GAA3 | Rivers Enterprise Lender Llc / Rivers En | RIVLEN | 6.25 | 10/15/2030 | 3,615,000.00 | 3,642,942.00 | 0.07 |
| 87470LAD3 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 5.5 | 01/15/2028 | 3,765,000.00 | 3,746,340.00 | 0.07 |
| 87470LAJ0 | Tallgrass Energy Partners Lp / Tallgrass | TEP | 6.0 | 12/31/2030 | 3,695,000.00 | 3,664,999.00 | 0.07 |
| 682691AA8 | Onemain Finance Corp | OMF | 4.0 | 09/15/2030 | 4,075,000.00 | 3,789,100.00 | 0.07 |
| 681639AB6 | Olympus Water Us Holding Corp | SOLEIN | 6.25 | 10/01/2029 | 3,650,000.00 | 3,553,274.00 | 0.07 |
| 645370AG2 | NEW Home Co Inc/the | NWHM | 8.5 | 11/01/2030 | 3,055,000.00 | 3,171,928.00 | 0.06 |
| 64828TAB8 | Rithm Capital Corp | RITM | 8.0 | 04/01/2029 | 3,128,000.00 | 3,193,276.00 | 0.06 |
| 651229BG0 | Newell Brands Inc | NWL | 8.5 | 06/01/2028 | 3,180,000.00 | 3,272,428.00 | 0.06 |
| 64438WAA5 | NEW Flyer Holdings Inc | NFICN | 9.25 | 07/01/2030 | 2,825,000.00 | 3,007,805.00 | 0.06 |
| 893647BP1 | Transdigm Inc | TDG | 4.63 | 01/15/2029 | 3,118,000.00 | 3,067,093.00 | 0.06 |
| 79546VAQ9 | Sally Holdings Llc / Sally Capital Inc | SBH | 6.75 | 03/01/2032 | 3,100,000.00 | 3,229,773.00 | 0.06 |
| 85236FAA1 | Smyrna Ready Mix Concrete Llc | SMYREA | 6.0 | 11/01/2028 | 3,135,000.00 | 3,122,436.00 | 0.06 |
| 963320BE5 | Whirlpool Corp | WHR | 6.5 | 06/15/2033 | 3,050,000.00 | 2,976,405.00 | 0.06 |
| 92840JAB5 | Vistajet Malta Finance Plc / Vista Manag | VSTJET | 6.38 | 02/01/2030 | 3,057,000.00 | 2,950,249.00 | 0.06 |
| 95081QAQ7 | Wesco Distribution Inc | WCC | 6.38 | 03/15/2029 | 2,790,000.00 | 2,878,322.00 | 0.06 |
| 893790AA3 | Transocean Aquila Ltd | RIG | 8.0 | 09/30/2028 | 3,217,692.00 | 3,291,699.00 | 0.06 |
| 91838PAA9 | VT Topco Inc | VERCOR | 8.5 | 08/15/2030 | 2,846,000.00 | 2,959,956.00 | 0.06 |
| 91282CLS8 | United States Treasury Note/bond | T | 4.13 | 10/31/2026 | 3,165,000.00 | 3,176,621.00 | 0.06 |
| 91282CME8 | United States Treasury Note/bond | T | 4.25 | 12/31/2026 | 3,200,000.00 | 3,219,125.00 | 0.06 |
| BL4295970 | Viasat Inc | VSAT | 8.65 | 05/30/2030 | 2,877,975.00 | 2,841,280.00 | 0.06 |
| 146869AM4 | Carvana Co | CVNA | 9.0 | 06/01/2031 | 2,985,300.00 | 3,324,341.00 | 0.06 |
| 095796AJ7 | BLUE Racer Midstream Llc / Blue Racer Fi | BLURAC | 7.0 | 07/15/2029 | 2,990,000.00 | 3,098,743.00 | 0.06 |
| 097751BZ3 | Bombardier Inc | BBDBCN | 7.5 | 02/01/2029 | 2,995,000.00 | 3,118,483.00 | 0.06 |
| 045086AK1 | Ashton Woods Usa Llc / Ashton Woods Fina | ASHWOO | 6.63 | 01/15/2028 | 3,260,000.00 | 3,257,702.00 | 0.06 |
| 05480AAB1 | Azorra Finance Ltd | AZORRA | 7.25 | 01/15/2031 | 3,075,000.00 | 3,217,649.00 | 0.06 |
| 071734AD9 | Bausch Health Cos Inc | BHCCN | 7.0 | 01/15/2028 | 3,468,000.00 | 3,186,225.00 | 0.06 |
| 00175PAC7 | AMN Healthcare Inc | AMN | 4.0 | 04/15/2029 | 3,220,000.00 | 3,053,713.00 | 0.06 |
| 00653VAC5 | Adapthealth Llc | ADAHEA | 4.63 | 08/01/2029 | 3,257,000.00 | 3,091,552.00 | 0.06 |
| 03881NAJ6 | Arbor Realty Sr Inc | ABR | 7.88 | 07/15/2030 | 3,090,000.00 | 3,143,136.00 | 0.06 |
| 030981AP9 | Amerigas Partners Lp / Amerigas Finance | APU | 9.5 | 06/01/2030 | 3,050,000.00 | 3,210,964.00 | 0.06 |
| 603051AF0 | Mineral Resources Ltd | MINAU | 7.0 | 04/01/2031 | 3,030,000.00 | 3,125,293.00 | 0.06 |
| 629377CQ3 | NRG Energy Inc | NRG | 3.38 | 02/15/2029 | 3,125,000.00 | 2,973,120.00 | 0.06 |
| 431318AY0 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 6.0 | 04/15/2030 | 3,175,000.00 | 3,095,412.00 | 0.06 |
| 428040DC0 | Hertz Corp/the | HTZ | 12.63 | 07/15/2029 | 3,100,000.00 | 3,071,454.00 | 0.06 |
| 278768AC0 | Echostar Corp | SATS | 10.75 | 11/30/2029 | 2,800,000.00 | 3,083,109.00 | 0.06 |
| 29272WAC3 | Energizer Holdings Inc | ENR | 4.75 | 06/15/2028 | 3,047,000.00 | 2,998,114.00 | 0.06 |
| BL5147105 | CP Atlas Buyer Inc | AMBATH | 9.41 | 07/08/2030 | 3,300,000.00 | 3,250,500.00 | 0.06 |
| BL5184058 | Allied Universal Holdco Llc | UNSEAM | 7.51 | 08/20/2032 | 2,825,000.00 | 2,834,469.00 | 0.06 |
| XS27199989 | EG Global Finance Plc | EGBLFN | 11.0 | 11/30/2028 | 2,400,000.00 | 3,005,926.00 | 0.06 |
| BL5042678 | Vista Management Holding | VSTJET | 7.74 | 04/01/2031 | 2,648,250.00 | 2,663,146.00 | 0.05 |
| 292554AS1 | Encore Capital Group Inc | ECPG | 6.63 | 04/15/2031 | 2,525,000.00 | 2,505,188.00 | 0.05 |
| 25525PAE7 | Diversified Healthcare Trust | DHC | 7.25 | 10/15/2030 | 2,535,000.00 | 2,560,355.00 | 0.05 |
| 26154DAB6 | Dream Finders Homes Inc | DFH | 6.88 | 09/15/2030 | 2,555,000.00 | 2,545,398.00 | 0.05 |
| 389375AN6 | GRAY Media Inc | GTN | 9.63 | 07/15/2032 | 2,600,000.00 | 2,612,841.00 | 0.05 |
| 422704AH9 | Hecla Mining Co | HL | 7.25 | 02/15/2028 | 2,754,000.00 | 2,772,647.00 | 0.05 |
| 428040DA4 | Hertz Corp/the | HTZ | 4.63 | 12/01/2026 | 2,485,000.00 | 2,414,196.00 | 0.05 |
| 53219LAY5 | Lifepoint Health Inc | RGCARE | 8.38 | 02/15/2032 | 2,170,000.00 | 2,343,780.00 | 0.05 |
| 018581AR9 | Bread Financial Holdings Inc | BFH | 6.75 | 05/15/2031 | 2,435,000.00 | 2,451,269.00 | 0.05 |
| 00489LAL7 | Acrisure Llc / Acrisure Finance Inc | ACRISU | 7.5 | 11/06/2030 | 2,585,000.00 | 2,676,252.00 | 0.05 |
| 18453HAF3 | Clear Channel Outdoor Holdings Inc | CCO | 7.88 | 04/01/2030 | 2,300,000.00 | 2,411,924.00 | 0.05 |
| 21925AAQ8 | Cornerstone Chemical Co Llc | CRNRCH | 10.0 | 05/07/2029 | 3,268,406.00 | 2,778,145.00 | 0.05 |
| 105340AT0 | Brandywine Operating Partnership Lp | BDN | 6.13 | 01/15/2031 | 2,505,000.00 | 2,516,503.00 | 0.05 |
| 11135RAA3 | Broadstreet Partners Group Llc | BROPAR | 5.88 | 04/15/2029 | 2,500,000.00 | 2,489,561.00 | 0.05 |
| BL4766657 | Windstream Services Llc | UNIT | 9.01 | 10/06/2031 | 2,588,000.00 | 2,594,470.00 | 0.05 |
| BL4990380 | Hilcorp Energy I Lp | HILCRP | 6.03 | 02/11/2030 | 2,512,375.00 | 2,512,375.00 | 0.05 |
| 903522AA8 | UWM Holdings Llc | UWMC | 6.63 | 02/01/2030 | 2,430,000.00 | 2,477,586.00 | 0.05 |
| 903522AB6 | UWM Holdings Llc | UWMC | 6.25 | 03/15/2031 | 2,495,000.00 | 2,491,611.00 | 0.05 |
| 78454LAX8 | SM Energy Co | SM | 6.75 | 08/01/2029 | 2,350,000.00 | 2,344,759.00 | 0.05 |
| 78410GAG9 | SBA Communications Corp | SBAC | 3.13 | 02/01/2029 | 2,612,000.00 | 2,468,948.00 | 0.05 |
| 77340RAR8 | Rockies Express Pipeline Llc | ROCKIE | 4.95 | 07/15/2029 | 2,525,000.00 | 2,499,388.00 | 0.05 |
| 87265HAG4 | TRI Pointe Homes Inc | TPH | 5.7 | 06/15/2028 | 2,443,000.00 | 2,467,001.00 | 0.05 |
| 86765LAT4 | Sunoco Lp / Sunoco Finance Corp | SUN | 4.5 | 05/15/2029 | 2,750,000.00 | 2,695,515.00 | 0.05 |
| 86765KAF6 | Sunoco Lp | SUN | 5.63 | 03/15/2031 | 2,590,000.00 | 2,591,338.00 | 0.05 |
| 85571BBD6 | Starwood Property Trust Inc | STWD | 6.5 | 07/01/2030 | 2,350,000.00 | 2,445,836.00 | 0.05 |
| 85571BBE4 | Starwood Property Trust Inc | STWD | 6.5 | 10/15/2030 | 2,555,000.00 | 2,660,418.00 | 0.05 |
| 63938CAJ7 | Navient Corp | NAVI | 6.75 | 06/15/2026 | 2,400,000.00 | 2,427,146.00 | 0.05 |
| 670001AL0 | Novelis Corp | HNDLIN | 6.88 | 01/30/2030 | 2,655,000.00 | 2,755,891.00 | 0.05 |
| 74743LAA8 | Qnity Electronics Inc | QNTELE | 5.75 | 08/15/2032 | 2,660,000.00 | 2,705,686.00 | 0.05 |
| 68288AAA5 | 1261229 Bc Ltd | BHCCN | 10.0 | 04/15/2032 | 1,965,000.00 | 2,053,425.00 | 0.04 |
| 644535AJ5 | NEW Gold Inc | NGDCN | 6.88 | 04/01/2032 | 1,855,000.00 | 1,936,174.00 | 0.04 |
| 85571BBF1 | Starwood Property Trust Inc | STWD | 5.25 | 10/15/2028 | 1,875,000.00 | 1,882,805.00 | 0.04 |
| 78412FAX2 | SESI Llc | SPN | 7.88 | 09/30/2030 | 2,000,000.00 | 1,962,509.00 | 0.04 |
| 810186AW6 | Scotts Miracle-gro Co/the | SMG | 4.38 | 02/01/2032 | 2,400,000.00 | 2,221,153.00 | 0.04 |
| 91282CLP4 | United States Treasury Note/bond | T | 3.5 | 09/30/2026 | 1,887,000.00 | 1,882,651.00 | 0.04 |
| 911365BM5 | United Rentals North America Inc | URI | 3.88 | 11/15/2027 | 1,858,000.00 | 1,834,227.00 | 0.04 |
| 91889FAC5 | Valaris Ltd | VAL | 8.38 | 04/30/2030 | 2,200,000.00 | 2,293,346.00 | 0.04 |
| 92262TAA4 | Velocity Vehicle Group Llc | VLCYVG | 8.0 | 06/01/2029 | 2,040,000.00 | 2,001,224.00 | 0.04 |
| 91327BAA8 | Uniti Group Lp / Uniti Group Finance 201 | UNIT | 6.5 | 02/15/2029 | 1,950,000.00 | 1,824,024.00 | 0.04 |
| 92535UAB0 | Vertiv Group Corp | VRT | 4.13 | 11/15/2028 | 2,005,000.00 | 1,975,351.00 | 0.04 |
| 96467GAC2 | White Cap Supply Holdings Llc | WHTCAP | 7.38 | 11/15/2030 | 2,055,000.00 | 2,077,685.00 | 0.04 |
| 96949VAN3 | Williams Scotsman Inc | WLSC | 6.63 | 04/15/2030 | 2,000,000.00 | 2,069,099.00 | 0.04 |
| BL4964328 | NCR Atleos Corp | NCRATL | 7.06 | 09/27/2028 | 2,058,440.00 | 2,043,001.00 | 0.04 |
| BL4799260 | Xplore Inc/nb | BARXPL | 9.28 | 10/24/2029 | 2,354,300.00 | 2,197,338.00 | 0.04 |
| B8ADQ6J27 | Doncasters Us Fin Llc | — | — | 04/01/2030 | 1,800,000.00 | 1,812,006.00 | 0.04 |
| BL3547827 | Asurion Llc | ASUCOR | 7.53 | 07/30/2027 | 1,981,625.00 | 1,982,657.00 | 0.04 |
| 103304BV2 | BOYD Gaming Corp | BYD | 4.75 | 06/15/2031 | 2,375,000.00 | 2,287,518.00 | 0.04 |
| 118230AQ4 | Buckeye Partners Lp | BPL | 3.95 | 12/01/2026 | 2,209,000.00 | 2,189,781.00 | 0.04 |
| 12597YAC3 | CP Atlas Buyer Inc | AMBATH | 9.75 | 07/15/2030 | 2,135,000.00 | 2,228,563.00 | 0.04 |
| 15089QAM6 | Celanese Us Holdings Llc | CE | 6.67 | 07/15/2027 | 2,040,000.00 | 2,092,235.00 | 0.04 |
| 01309QAC2 | Albertsons Cos Inc / Safeway Inc / New A | ACI | 5.5 | 03/31/2031 | 2,010,000.00 | 2,025,722.00 | 0.04 |
| 01741RAN2 | ATI Inc | ATI | 7.25 | 08/15/2030 | 1,761,000.00 | 1,849,526.00 | 0.04 |
| 02154CAF0 | Altice Financing Sa | ALTICE | 5.0 | 01/15/2028 | 2,425,000.00 | 1,807,837.00 | 0.04 |
| 071734AH0 | Bausch Health Cos Inc | BHCCN | 5.0 | 01/30/2028 | 2,150,000.00 | 1,881,250.00 | 0.04 |
| 07317QAJ4 | Baytex Energy Corp | BTECN | 8.5 | 04/30/2030 | 2,205,000.00 | 2,263,476.00 | 0.04 |
| 527298CD3 | Level 3 Financing Inc | LVLT | 4.5 | 04/01/2030 | 2,000,000.00 | 1,856,687.00 | 0.04 |
| 52109SAB5 | LBM Acquisition Llc | USLBMH | 9.5 | 06/15/2031 | 2,096,000.00 | 2,193,840.00 | 0.04 |
| 427056AU0 | Hercules Llc | ASH | 6.5 | 06/30/2029 | 2,005,000.00 | 2,011,232.00 | 0.04 |
| 55342UAQ7 | MPT Operating Partnership Lp / Mpt Finan | MPW | 8.5 | 02/15/2032 | 1,925,000.00 | 2,022,970.00 | 0.04 |
| 345397E58 | FORD Motor Credit Co Llc | F | 5.8 | 03/08/2029 | 2,150,000.00 | 2,186,489.00 | 0.04 |
| 380355AM9 | Goeasy Ltd | GSYCN | 6.88 | 05/15/2030 | 2,040,000.00 | 2,004,300.00 | 0.04 |
| 33834YAC2 | FIVE Point Operating Co Lp | FPH | 8.0 | 10/01/2030 | 1,985,000.00 | 2,030,583.00 | 0.04 |
| BL4989184 | Quikrete Holdings Inc | QUIKHO | 8.07 | 02/10/2032 | 2,064,625.00 | 2,066,202.00 | 0.04 |
| BP816Z6 | MPT Operating Partnership Lp / Mpt Finan | MPW | 0.99 | 10/15/2026 | 1,400,000.00 | 1,532,774.00 | 0.03 |
| 284902AF0 | Eldorado Gold Corp | ELDCN | 6.25 | 09/01/2029 | 1,550,000.00 | 1,549,070.00 | 0.03 |
| 35908MAA8 | Frontier Communications Holdings Llc | FYBR | 5.88 | 11/01/2029 | 1,775,000.00 | 1,795,330.00 | 0.03 |
| 536797AE3 | Lithia Motors Inc | LAD | 4.63 | 12/15/2027 | 1,700,000.00 | 1,685,583.00 | 0.03 |
| 629377CR1 | NRG Energy Inc | NRG | 3.63 | 02/15/2031 | 1,825,000.00 | 1,704,275.00 | 0.03 |
| 62886EBA5 | NCR Voyix Corp | VYX | 5.13 | 04/15/2029 | 1,577,000.00 | 1,561,613.00 | 0.03 |
| 603051AD5 | Mineral Resources Ltd | MINAU | 8.5 | 05/01/2030 | 1,700,000.00 | 1,767,082.00 | 0.03 |
| 50168QAE5 | LABL Inc | LABL | 9.5 | 11/01/2028 | 2,075,000.00 | 1,548,909.00 | 0.03 |
| 50168QAF2 | LABL Inc | LABL | 8.63 | 10/01/2031 | 2,645,000.00 | 1,703,729.00 | 0.03 |
| 02154CAJ2 | Altice Financing Sa | ALTICE | 9.63 | 07/15/2027 | 1,900,000.00 | 1,625,564.00 | 0.03 |
| 185899AP6 | Cleveland-cliffs Inc | CLF | 7.0 | 03/15/2032 | 1,495,000.00 | 1,528,563.00 | 0.03 |
| 18064PAD1 | Clarivate Science Holdings Corp | CLVTSC | 4.88 | 07/01/2029 | 1,700,000.00 | 1,587,005.00 | 0.03 |
| 185899AS0 | Cleveland-cliffs Inc | CLF | 7.5 | 09/15/2031 | 1,465,000.00 | 1,534,936.00 | 0.03 |
| 12008RAN7 | Builders Firstsource Inc | BLDR | 5.0 | 03/01/2030 | 1,490,000.00 | 1,475,321.00 | 0.03 |
| 1248EPBX0 | CCO Holdings Llc / Cco Holdings Capital | CHTR | 5.0 | 02/01/2028 | 1,725,000.00 | 1,707,606.00 | 0.03 |
| 103304BU4 | BOYD Gaming Corp | BYD | 4.75 | 12/01/2027 | 1,725,000.00 | 1,718,162.00 | 0.03 |
| 105340AQ6 | Brandywine Operating Partnership Lp | BDN | 3.95 | 11/15/2027 | 1,625,000.00 | 1,599,816.00 | 0.03 |
| B8ADVAEX9 | NEW Generation Gas Gathering Llc | — | 4.3 | 09/30/2029 | 1,459,459.00 | 1,437,567.00 | 0.03 |
| B8ADGKST8 | NEW Generation Gas Gathering Llc | — | 4.3 | 09/30/2029 | 1,751,351.00 | 1,725,080.00 | 0.03 |
| B8ACXD562 | NEW Generation Gas Gathering Llc | — | 4.04 | 09/30/2029 | 1,459,459.00 | 1,437,567.00 | 0.03 |
| B8AD64SP3 | Xplore Inc | — | — | — | 768,379.00 | 1,690,929.00 | 0.03 |
| B8AENG7Z6 | Radiate Holdco Llc | — | — | 06/26/2029 | 1,402,500.00 | 1,381,462.00 | 0.03 |
| BL4874717 | Calpine Corp | CPN | 5.91 | 01/31/2031 | 1,370,000.00 | 1,368,887.00 | 0.03 |
| 96949VAM5 | Williams Scotsman Inc | WLSC | 6.63 | 06/15/2029 | 1,300,000.00 | 1,337,915.00 | 0.03 |
| 983793AK6 | XPO Inc | XPO | 7.13 | 02/01/2032 | 1,380,000.00 | 1,452,802.00 | 0.03 |
| 893814AA1 | Transocean International Ltd | RIG | 7.88 | 10/15/2032 | 1,625,000.00 | 1,673,766.00 | 0.03 |
| 812127AA6 | Sealed Air Corp/sealed Air Corp Us | SEE | 6.13 | 02/01/2028 | 1,275,000.00 | 1,290,128.00 | 0.03 |
| 86765LAN7 | Sunoco Lp / Sunoco Finance Corp | SUN | 5.88 | 03/15/2028 | 1,490,000.00 | 1,493,770.00 | 0.03 |
| 876511AG1 | Taseko Mines Ltd | TKOCN | 8.25 | 05/01/2030 | 1,545,000.00 | 1,634,301.00 | 0.03 |
| 87724RAG7 | Taylor Morrison Communities Inc | TMHC | 6.63 | 07/15/2027 | 1,450,000.00 | 1,447,062.00 | 0.03 |
| 88033GDU1 | Tenet Healthcare Corp | THC | 6.75 | 05/15/2031 | 1,675,000.00 | 1,737,730.00 | 0.03 |
| 86765LAZ0 | Sunoco Lp / Sunoco Finance Corp | SUN | 4.5 | 04/30/2030 | 1,300,000.00 | 1,259,487.00 | 0.02 |
| 85571BBC8 | Starwood Property Trust Inc | STWD | 6.0 | 04/15/2030 | 775,000.00 | 791,665.00 | 0.02 |
| 81721MAM1 | Diversified Healthcare Trust | DHC | 4.75 | 02/15/2028 | 1,225,000.00 | 1,167,668.00 | 0.02 |
| 75026JAH3 | Radiate Holdco Llc / Radiate Finance Inc | RADIAT | 9.25 | 03/25/2030 | 1,671,239.00 | 1,055,534.00 | 0.02 |
| 897051AC2 | Tronox Inc | TROX | 4.63 | 03/15/2029 | 1,475,000.00 | 907,333.00 | 0.02 |
| 897051AD0 | Tronox Inc | TROX | 9.13 | 09/30/2030 | 1,185,000.00 | 1,081,507.00 | 0.02 |
| 911365BN3 | United Rentals North America Inc | URI | 4.0 | 07/15/2030 | 975,000.00 | 936,136.00 | 0.02 |
| 911365BG8 | United Rentals North America Inc | URI | 4.88 | 01/15/2028 | 1,075,000.00 | 1,074,004.00 | 0.02 |
| 913229AC4 | United Wholesale Mortgage Llc | UWMLLC | 5.75 | 06/15/2027 | 897,000.00 | 898,183.00 | 0.02 |
| 96926JAC1 | William Carter Co/the | CRI | 5.63 | 03/15/2027 | 1,000,000.00 | 1,000,244.00 | 0.02 |
| BL4990463 | GFL Es Us Llc | GFLES | 6.67 | 03/03/2032 | 959,000.00 | 958,201.00 | 0.02 |
| BL4578458 | Consolidated Energy Fin Sa | CONSEN | 8.66 | 11/15/2030 | 1,359,067.00 | 1,131,423.00 | 0.02 |
| BL4755601 | Lifepoint Health Inc | RGCARE | 7.65 | 05/16/2031 | 1,066,938.00 | 1,066,771.00 | 0.02 |
| B8A66QXU2 | Genon Hldgs Class A | — | — | — | 41,315.00 | 1,239,450.00 | 0.02 |
| B8A9598C3 | Ferrellgas Escrow Llc 3/30/31 Preferred | — | 8.96 | 03/30/2031 | 1,125,000.00 | 1,125,000.00 | 0.02 |
| B8AC24CC5 | Heritage Power Llc | — | 9.8 | 07/20/2028 | 1,172,893.00 | 1,155,299.00 | 0.02 |
| B8ADX0WW1 | Doncasters Us Finance Llc | — | 10.8 | 04/23/2030 | 1,194,000.00 | 1,205,940.00 | 0.02 |
| 105340AS2 | Brandywine Operating Partnership Lp | BDN | 8.88 | 04/12/2029 | 900,000.00 | 978,291.00 | 0.02 |
| 22Q1KTAUKD | Eur/usd Fwd 20251105 57918 | EUR | — | 11/05/2025 | -31,341,065.00 | 931,498.00 | 0.02 |
| 21873SAC2 | Coreweave Inc | CRWV | 9.0 | 02/01/2031 | 1,250,000.00 | 1,254,187.00 | 0.02 |
| 156431AS7 | Century Aluminum Co | CENX | 6.88 | 08/01/2032 | 755,000.00 | 775,002.00 | 0.02 |
| 17888HAB9 | Civitas Resources Inc | CIVI | 8.75 | 07/01/2031 | 1,160,000.00 | 1,191,900.00 | 0.02 |
| 04288BAB6 | Arsenal Aic Parent Llc | ARNC | 8.0 | 10/01/2030 | 825,000.00 | 876,691.00 | 0.02 |
| 00253XAB7 | American Airlines Inc/aadvantage Loyalty | AAL | 5.75 | 04/20/2029 | 800,000.00 | 806,772.00 | 0.02 |
| 053773BG1 | AVIS Budget Car Rental Llc / Avis Budget | CAR | 4.75 | 04/01/2028 | 1,020,000.00 | 978,015.00 | 0.02 |
| 516806AH9 | Vital Energy Inc | VTLE | 7.75 | 07/31/2029 | 1,175,000.00 | 1,155,341.00 | 0.02 |
| 35641AAC2 | Freedom Mortgage Holdings Llc | FREMOR | 8.38 | 04/01/2032 | 1,110,000.00 | 1,160,389.00 | 0.02 |
| 292554AR3 | Encore Capital Group Inc | ECPG | 8.5 | 05/15/2030 | 800,000.00 | 842,399.00 | 0.02 |
| 345397C92 | FORD Motor Credit Co Llc | F | 6.8 | 05/12/2028 | 525,000.00 | 545,674.00 | 0.01 |
| 516806AJ5 | Vital Energy Inc | VTLE | 9.75 | 10/15/2030 | 650,000.00 | 668,127.00 | 0.01 |
| 527298BT9 | Level 3 Financing Inc | LVLT | 3.75 | 07/15/2029 | 710,000.00 | 630,507.00 | 0.01 |
| 431318BC7 | Hilcorp Energy I Lp / Hilcorp Finance Co | HILCRP | 8.38 | 11/01/2033 | 525,000.00 | 543,129.00 | 0.01 |
| 071734AQ0 | Bausch Health Cos Inc | BHCCN | 11.0 | 09/30/2028 | 250,000.00 | 261,875.00 | 0.01 |
| 071734AL1 | Bausch Health Cos Inc | BHCCN | 5.25 | 02/15/2031 | 630,000.00 | 424,462.00 | 0.01 |
| 071734AM9 | Bausch Health Cos Inc | BHCCN | 5.0 | 02/15/2029 | 330,000.00 | 256,781.00 | 0.01 |
| 097751BT7 | Bombardier Inc | BBDBCN | 7.88 | 04/15/2027 | 707,000.00 | 707,353.00 | 0.01 |
| 09629EAL5 | Bluemountain Fuji Us Clo Ii Ltd | BLUEM | 5.15 | 10/20/2030 | 453,290.00 | 453,589.00 | 0.01 |
| 18060TAD7 | Clarios Global Lp / Clarios Us Finance C | POWSOL | 6.75 | 02/15/2030 | 500,000.00 | 517,635.00 | 0.01 |
| 18972EAC9 | Clydesdale Acquisition Holdings Inc | NOVHOL | 6.88 | 01/15/2030 | 700,000.00 | 707,861.00 | 0.01 |
| 105340AP8 | Brandywine Operating Partnership Lp | BDN | 4.55 | 10/01/2029 | 395,000.00 | 379,458.00 | 0.01 |
| 126307AY3 | CSC Holdings Llc | CSCHLD | 7.5 | 04/01/2028 | 838,000.00 | 572,547.00 | 0.01 |
| 131347CR5 | Calpine Corp | CPN | 3.75 | 03/01/2031 | 550,000.00 | 527,869.00 | 0.01 |
| B8AE3VDG0 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 330,749.00 | 328,037.00 | 0.01 |
| B8AE3VHV3 | Clubcorp Hldgs Inc | — | — | 07/31/2032 | 551,249.00 | 546,728.00 | 0.01 |
| B8AEBG4U3 | NEW Generation Gas Gathering Llc | — | 3.85 | 09/30/2029 | 437,837.00 | 431,269.00 | 0.01 |
| B8AEMK0Z5 | Radiate Holdco Llc | — | — | 06/26/2029 | 467,500.00 | 461,656.00 | 0.01 |
| B8AC2XW47 | Heritage Pwr Llc | — | — | — | 6,933.00 | 461,044.00 | 0.01 |
| B8AC4A3C9 | Cornerstone Chem Co | — | — | — | 144,561.00 | 722,805.00 | 0.01 |
| B8AC5MQN3 | Diamond Sports Grp Llc- Cs | — | — | — | 87,655.00 | 641,021.00 | 0.01 |
| B8ACA1AA8 | Digicel Intl Fin Ltd | — | — | — | 31,025.00 | 379,010.00 | 0.01 |
| BL4985638 | Cablevision Lightpath | CVLGHT | 7.03 | 11/30/2027 | 334,738.00 | 334,737.00 | 0.01 |
| BL4938314 | MAIN Street Sports Group | DSPORT | 15.0 | 01/02/2028 | 626,371.00 | 466,646.00 | 0.01 |
| BL4843134 | Calpine Corp | CPN | 5.91 | 02/15/2032 | 376,750.00 | 376,444.00 | 0.01 |
| 98379KAB8 | XPO Inc | XPO | 7.13 | 06/01/2031 | 625,000.00 | 652,409.00 | 0.01 |
| 749571AJ4 | RHP Hotel Properties Lp / Rhp Finance Co | RHP | 7.25 | 07/15/2028 | 425,000.00 | 438,245.00 | 0.01 |
| 829259BH2 | Sinclair Television Group Inc | SBGI | 8.13 | 02/15/2033 | 450,000.00 | 459,121.00 | 0.01 |
| 85571BAU9 | Starwood Property Trust Inc | STWD | 3.63 | 07/15/2026 | 700,000.00 | 694,148.00 | 0.01 |
| 68622TAB7 | Organon & Co / Organon Foreign Debt Co-i | OGN | 5.13 | 04/30/2031 | 400,000.00 | 307,114.00 | 0.01 |
| SWB8AEEB12 | Trswap: Iboxhy Index 12/22/2025 Bnpsw_r | — | — | 12/22/2025 | 229,903.00 | 546,111.00 | 0.01 |
| QD1NJG9O3S | Gbp/usd Fwd 20251105 Mslngb2x | GBP | — | 11/05/2025 | -9,456,230.00 | 373,479.00 | 0.01 |
| S4SIKTHT4C | Eur/usd Fwd 20251202 Mslngb2x | EUR | — | 12/02/2025 | -31,341,065.00 | 361,169.00 | 0.01 |
| RXZ5 COMDT | Euro-bund Future Dec25 | RXZ5 | — | 12/08/2025 | -2,982,828.00 | -19,188.00 | 0.00 |
| SWB8AEM2V7 | Cdx.na.hy.45.v1 5yr Rtp @ 102.5000 | — | — | 01/21/2026 | -24,650,000.00 | -95,156.00 | 0.00 |
| SWB8AEBGGQ | Trswap: Iboxig Index 12/22/2025 Mslsw_r | — | — | 12/22/2025 | -22,138.00 | -156,565.00 | 0.00 |
| DUZ5 COMDT | Euro-schatz Fut Dec25 | DUZ5 | — | 12/08/2025 | 370,277.00 | -296.00 | 0.00 |
| FVZ5 COMDT | US 5yr Note (cbt) Dec25 | FVZ5 | — | 12/31/2025 | 349,911,845.00 | 238,576.00 | 0.00 |
| HYBZ5 INDE | BBG Hy Credit Fut Dec25 | HYBZ5 | — | 12/16/2025 | 18,632,250.00 | 38,387.00 | 0.00 |
| L5217E120 | Intelsat Emergence Sa | — | — | — | 65,330.00 | 6.00 | 0.00 |
| OEZ5 COMDT | Euro-bobl Future Dec25 | OEZ5 | — | 12/08/2025 | 3,953,059.00 | 4,653.00 | 0.00 |
| P14LD14H95 | Gbp/usd Fwd 20251105 00187 | GBP | — | 11/05/2025 | 9,456,230.00 | -196,874.00 | 0.00 |
| BLFHRK1 | Venator Materials Plc | VNTRF | — | — | 26,944.00 | 2.00 | 0.00 |
| TUZ5 COMDT | US 2yr Note (cbt) Dec25 | TUZ5 | — | 12/31/2025 | 379,209,024.00 | -123,657.00 | 0.00 |
| TYZ5 COMDT | US 10yr Note (cbt)dec25 | TYZ5 | — | 12/19/2025 | -45,068,750.00 | -207,361.00 | 0.00 |
| USZ5 COMDT | US Long Bond(cbt) Dec25 | USZ5 | — | 12/19/2025 | 2,580,875.00 | 78,616.00 | 0.00 |
| WNZ5 COMDT | US Ultra Bond Cbt Dec25 | WNZ5 | — | 12/19/2025 | 5,215,094.00 | 178,544.00 | 0.00 |
| 853191AC8 | Standard Building Solutions Inc | BMCAUS | 6.25 | 08/01/2033 | 235,000.00 | 239,947.00 | 0.00 |
| BL4454486 | Venator Finance Sarl | VNTR | 5.94 | 10/12/2028 | 7,921,289.00 | 158,425.00 | 0.00 |
| B8AD73HC5 | Xplornet - Contingent Value Rights | — | — | — | 40,752.00 | 4.00 | 0.00 |
| B8AD9KJQ2 | Diamond Sports Grp Llc- Warrants | — | — | — | 163,947.00 | 1.00 | 0.00 |
| B8AC2XW54 | Heritage Pwr Llc | — | — | — | 181,423.00 | 90,711.00 | 0.00 |
| B8AE1JR66 | Mitel Networks Intl Lt | — | — | — | 2,915.00 | 29.00 | 0.00 |
| BL3572783 | First Brands Group Llc | TRICGR | 13.07 | 03/30/2028 | 11,098,000.00 | 155,372.00 | 0.00 |
| 131347CQ7 | Calpine Corp | CPN | 5.0 | 02/01/2031 | 250,000.00 | 250,284.00 | 0.00 |
| 126307BB2 | CSC Holdings Llc | CSCHLD | 4.13 | 12/01/2030 | 200,000.00 | 123,200.00 | 0.00 |
| 126307BD8 | CSC Holdings Llc | CSCHLD | 4.63 | 12/01/2030 | 200,000.00 | 71,241.00 | 0.00 |
| 126307BF3 | CSC Holdings Llc | CSCHLD | 3.38 | 02/15/2031 | 200,000.00 | 120,964.00 | 0.00 |
| 12687GAB5 | Cablevision Lightpath Llc | CVLGHT | 5.63 | 09/15/2028 | 200,000.00 | 197,222.00 | 0.00 |
| 071734AK3 | Bausch Health Cos Inc | BHCCN | 6.25 | 02/15/2029 | 25,000.00 | 20,500.00 | 0.00 |
| 00191AAD8 | ARD Finance Sa | ARDFIN | 6.5 | 06/30/2027 | 3,436,205.00 | 34,362.00 | 0.00 |
| 021ESCAG3 | ALTA Mesa Holdings Lp / Alta Mesa Financ | ALTMES | — | 12/15/2025 | 10,985,000.00 | 10.00 | 0.00 |
| 629571AB6 | Nabors Industries Ltd | NBR | 7.5 | 01/15/2028 | 70,000.00 | 70,255.00 | 0.00 |
| 2A3T5HRAEF | Gbp/usd Fwd 20251202 00187 | GBP | — | 12/02/2025 | -9,456,230.00 | 196,696.00 | 0.00 |
| 25470XBB0 | DISH Dbs Corp | DISH | 7.38 | 07/01/2028 | 125,000.00 | 116,780.00 | 0.00 |
| 25470XBD6 | DISH Dbs Corp | DISH | 5.13 | 06/01/2029 | 175,000.00 | 151,128.00 | 0.00 |
| 25381HAD0 | Digicel Group Holdings Ltd | DLLTD | — | 12/31/2030 | 552,944.00 | 55.00 | 0.00 |
| 25381HAM0 | Digicel Group Holdings Ltd | DLLTD | — | 12/31/2030 | 364,409.00 | 0.00 | 0.00 |
| GO8RT73BEO | Eur/usd Fwd 20251105 Mslngb2x | EUR | — | 11/05/2025 | 31,341,065.00 | -359,774.00 | -0.01 |
| SWB8ADHGQL | Trswap: Iboxig Index 12/20/2025 Mslsw_r | — | — | 12/20/2025 | -13,916.00 | -329,012.00 | -0.01 |
| SWB8ADYKA9 | Trswap: Iboxig Index 12/22/2025 Mslsw_r | — | — | 12/22/2025 | -32,867.00 | -643,280.00 | -0.01 |
| CURRENCY | Currency | — | — | — | -933,507.00 | -878,182.00 | -0.02 |
The CUSIP information contained in pgimfunds.com and/or prudential.com consists of security identifiers and related descriptive information (“the CUSIP Database”) and is protected under the copyright laws and is licensed with permission from CUSIP Global Services (“CGS”), on behalf of the American Bankers Association (“ABA”).
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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, Robert Spano, Brian Clapp, Michael Gormally, and Brian Lalli of PGIM Fixed Income are primarily responsible for management of the PGIM Short Duration High Yield Income Fund.
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.
Principal and Portfolio Manager for PGIM Fixed Income's U.S. High Yield Bond Team
Robert Spano, CFA, CPA, is a Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Bond Team.
Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Team
Brian Clapp, CFA, is a Principal and a high yield portfolio manager for PGIM Fixed Income's U.S. High Yield Team.
Principal, Portfolio Manager, and a Trader for PGIM Fixed Income's U.S. High Yield Bond Team
PGIM Fixed Income
Michael Gormally is a Principal, portfolio manager, and trader for PGIM Fixed Income's U.S. High Yield Bond Team
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. 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.
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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.
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.
4341912 Ed. 03/2025
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