	Par (000’s		)	Value
CORPORATE BONDS: 95.7%
Argentina: 2.8%
Capex SA 144A 6.88%, 05/15/24	$	500		$	468,513
Generacion Mediterranea SA / Central Termica Roca SA 144A 9.88%, 12/01/27		537			371,561
Genneia SA 144A 8.75%, 09/02/27		550			493,222
MercadoLibre, Inc.
2.38%, 01/14/26 †		650			584,925
3.12%, 01/14/31		1,150			889,355
MSU Energy SA / UGEN SA / UENSA SA 144A 6.88%, 02/01/25		800			463,803
MSU Energy SA / UGEN SA / UENSA SA Reg S 6.88%, 02/01/25		150			86,963
Pampa Energia SA 144A
7.50%, 01/24/27		1,025			836,010
9.12%, 04/15/29		500			392,363
Pan American Energy LLC 144A 9.12%, 04/30/27		475			533,760
Telecom Argentina SA 144A
8.00%, 07/18/26		625			547,990
8.50%, 08/06/25		625			570,409
Transportadora de Gas del Sur SA 144A 6.75%, 05/02/25		550			446,913
Transportadora de Gas del Sur SA Reg S 6.75%, 05/02/25		250			203,143
YPF Energia Electrica SA 144A 10.00%, 07/25/26		600			454,411
YPF SA 144A
1.50%, 09/30/33 (s)		975			471,388
2.50%, 06/30/29 (s)		1,350			752,143
4.00%, 02/12/26 (s)		1,250			990,663
6.95%, 07/21/27		1,125			629,171
7.00%, 12/15/47		825			417,165
8.50%, 07/28/25		1,800			1,152,000
8.50%, 06/27/29		637			362,756
8.75%, 04/04/24		1,033			769,254
					12,887,881
Armenia: 0.1%
Ardshinbank CJSC Via Dilijan Finance BV 144A 6.50%, 01/28/25		425			394,187
Austria: 0.1%
Iochpe-Maxion Austria GmbH / Maxion Wheels de Mexico S de RL de CV 144A 5.00%, 05/07/28		300			260,252

	Par (000’s		)	Value
Azerbaijan: 1.0%
Southern Gas Corridor CJSC 144A 6.88%, 03/24/26 †	$	3,125		$	3,282,950
State Oil Co. of the Azerbaijan Republic Reg S 6.95%, 03/18/30		1,250			1,220,469
					4,503,419
Bahrain: 1.5%
BBK BSC Reg S 5.50%, 07/09/24		700			692,244
GFH Sukuk Ltd. Reg S 7.50%, 01/28/25		850			835,656
Mumtalakat Sukuk Holding Co. Reg S
4.10%, 01/21/27		850			827,783
5.62%, 02/27/24		950			962,169
Oil and Gas Holding Co. BSCC 144A
7.50%, 10/25/27		1,700			1,685,453
7.62%, 11/07/24		1,125			1,135,401
8.38%, 11/07/28		850			857,368
					6,996,074
Barbados: 0.2%
Sagicor Financial Co. Ltd. 144A 5.30%, 05/13/28		900			842,819
Bermuda: 0.9%
Digicel Group Holdings Ltd. 144A 8.00%, 04/01/25		657			426,830
Digicel International Finance Ltd./Digicel international Holdings Ltd 144A
8.75%, 05/25/24		2,050			1,919,661
13.00%, 12/31/25		597			510,166
Investment Energy Resources Ltd. 144A 6.25%, 04/26/29		1,175			1,082,916
					3,939,573
Brazil: 8.9%
Adecoagro SA 144A 6.00%, 09/21/27		850			775,047
Amaggi Luxembourg International Sarl 144A 5.25%, 01/28/28		550			515,273
Arcos Dorados Holdings, Inc. 144A 5.88%, 04/04/27		650			632,125
Atento Luxco 1 SA 144A 8.00%, 02/10/26		400			252,156
Azul Investments LLP 144A 5.88%, 10/26/24		200			140,259
B2W Digital Lux Sarl 144A 4.38%, 12/20/30 †		400			305,786
B3 SA - Brasil Bolsa Balcao 144A 4.12%, 09/20/31		500			420,755
Banco Bradesco SA 144A

	Par (000’s		)	Value
Brazil (continued)
3.20%, 01/27/25	$	625		$	602,500
Banco BTG Pactual SA 144A
2.75%, 01/11/26		350			316,817
4.50%, 01/10/25		775			758,961
Banco Daycoval SA Reg S 4.25%, 12/13/24		300			291,626
Banco do Brasil SA 144A
4.62%, 01/15/25		750			740,145
4.75%, 03/20/24		550			551,031
Banco Nacional de Desenvolvimento Economico e Social 144A
4.75%, 05/09/24		475			474,831
5.75%, 09/26/23		550			559,521
Banco Nacional de Desenvolvimento Economico e Social Reg S 5.75%, 09/26/23		200			203,462
Banco Votorantim SA 144A
4.38%, 07/29/25		550			527,945
4.50%, 09/24/24		250			246,552
Braskem Idesa SAPI 144A 7.45%, 11/15/29		1,450			1,323,466
Braskem Netherlands Finance BV 144A 8.50% (US Treasury Yield Curve Rate T 5 Year+8.22%), 01/23/81		425			441,649
Brazil Minas SPE via State of Minas Gerais 144A 5.33%, 02/15/28		576			571,562
BRF GmbH 144A 4.35%, 09/29/26		375			343,806
BRF SA 144A
4.88%, 01/24/30		500			439,495
5.75%, 09/21/50		625			468,958
Cemig Geracao e Transmissao SA 144A 9.25%, 12/05/24		750			791,272
Centrais Eletricas Brasileiras SA 144A
3.62%, 02/04/25		350			338,609
4.62%, 02/04/30		575			509,953
Cosan Luxembourg SA 144A 7.00%, 01/20/27		550			559,584
Cosan SA 144A 5.50%, 09/20/29		575			539,172
CSN Inova Ventures 144A 6.75%, 01/28/28 †		975			909,553
CSN Resources SA 144A 7.62%, 04/17/26		250			250,032
Embraer Netherlands Finance BV
5.05%, 06/15/25		775			772,202
5.40%, 02/01/27		600			587,505
Embraer Netherlands Finance BV 144A 6.95%, 01/17/28		500			504,588

	Par (000’s		)	Value
Brazil (continued)
ERO Copper Corp. 144A 6.50%, 02/15/30 †	$	350		$	248,448
FS Luxembourg Sarl 144A 10.00%, 12/15/25		550			563,063
Globo Comunicacao e Participacoes SA 144A
4.88%, 01/22/30		300			241,945
5.50%, 01/14/32		350			282,240
Gol Finance SA 144A 7.00%, 01/31/25		500			268,775
Guara Norte Sarl 144A 5.20%, 06/15/34		562			461,827
InterCement Financial Operations BV 144A 5.75%, 07/17/24		450			338,026
Itau Unibanco Holding SA 144A 3.25%, 01/24/25		325			314,031
3.88% (US Treasury Yield Curve Rate T 5 Year+3.45%), 04/15/31		350			311,973
4.50% (US Treasury Yield Curve Rate T 5 Year+2.82%), 11/21/29		600			573,798
4.62% (US Treasury Yield Curve Rate T 5 Year+3.22%), 2/27/2025 (o) †		625			505,846
JSM Global Sarl 144A 4.75%, 10/20/30		275			214,283
Klabin Austria GmbH 144A
3.20%, 01/12/31		400			327,325
5.75%, 04/03/29		575			578,769
7.00%, 04/03/49		528			510,731
Light Servicos de Eletricidade SA/Light Energia SA 144A 4.38%, 06/18/26		475			413,980
MARB BondCo Plc 144A 3.95%, 01/29/31		1,200			980,268
MV24 Capital BV 144A 6.75%, 06/01/34		711			655,653
Natura Cosmeticos SA 144A 4.12%, 05/03/28		750			636,593
NBM US Holdings, Inc. 144A
6.62%, 08/06/29		400			391,000
7.00%, 05/14/26		550			552,860
Nexa Resources SA 144A
5.38%, 05/04/27		550			524,079
6.50%, 01/18/28		325			325,226
Petrobras Global Finance BV
5.09%, 01/15/30 †		400			387,580
5.30%, 01/27/25		400			409,732
5.60%, 01/03/31 †		825			809,597
5.62%, 05/20/43		250			220,540
5.75%, 02/01/29		340			342,647
6.00%, 01/27/28 †		650			667,625
6.25%, 03/17/24		350			359,578
6.75%, 01/27/41		410			405,451

	Par (000’s		)	Value
Brazil (continued)
6.75%, 06/03/50	$	325		$	303,713
6.85%, 06/05/15		1,050			936,091
6.88%, 01/20/40		422			420,204
6.90%, 03/19/49		600			571,479
7.25%, 03/17/44		615			619,139
7.38%, 01/17/27		575			628,573
8.75%, 05/23/26		300			340,029
Rede D’or Finance Sarl 144A
4.50%, 01/22/30		524			450,239
4.95%, 01/17/28		350			327,136
Rio Oil Finance Trust Series 2014-1 144A 9.25%, 07/06/24		465			485,285
Rio Oil Finance Trust Series 2014-3 144A 9.75%, 01/06/27		447			475,422
Rio Oil Finance Trust Series 2018-1 144A 8.20%, 04/06/28		306			317,651
Rumo Luxembourg Sarl 144A 5.25%, 01/10/28		450			428,625
Simpar Europe SA 144A 5.20%, 01/26/31		575			483,860
Tupy Overseas SA 144A 4.50%, 02/16/31		300			228,155
Ultrapar International SA 144A
5.25%, 10/06/26		200			199,771
5.25%, 06/06/29		500			454,455
Unigel Luxembourg SA 144A 8.75%, 10/01/26		350			354,270
Usiminas International Sarl 144A 5.88%, 07/18/26		550			542,545
XP, Inc. 144A 3.25%, 07/01/26		600			539,208
					40,595,537
British Virgin Islands: 0.3%
Central China Real Estate Ltd. Reg S 7.65%, 08/27/23		200			71,873
China SCE Group Holdings Ltd. Reg S
7.00%, 05/02/25		700			112,294
7.38%, 04/09/24		750			163,125
Health & Happiness H&H International Holdings Ltd. Reg S 5.62%, 10/24/24		400			330,000
New Metro Global Ltd. Reg S
4.50%, 05/02/26		500			134,425
4.62%, 10/15/25		400			112,000
Studio City Co. Ltd. 144A 7.00%, 02/15/27		550			456,676
					1,380,393
Cambodia: 0.2%
NagaCorp Ltd. Reg S

	Par (000’s		)	Value
Cambodia (continued)
7.95%, 07/06/24	$	900		$	811,125
Canada: 0.2%
Azure Power Solar Energy Private Ltd. 144A 5.65%, 12/24/24		565			552,005
Frontera Energy Corp. 144A 7.88%, 06/21/28		750			611,572
					1,163,577
Cayman Islands: 1.7%
Arabian Centres Sukuk II Ltd. 144A 5.62%, 10/07/26		1,300			1,176,045
Banco Bradesco SA 144A 4.38%, 03/18/27		350			337,440
Banco do Brasil SA 144A
3.25%, 09/30/26		550			508,302
4.88%, 01/11/29		350			326,944
CT Trust 144A 5.12%, 02/03/32		1,500			1,344,015
Kt21 T2 Co. Ltd. Reg S 6.12% (US Treasury Yield Curve Rate T 5 Year+5.33%), 12/16/31		550			520,548
Nogaholding Sukuk Ltd. 144A 5.25%, 04/08/29		1,000			937,745
Oryx Funding Ltd. 144A 5.80%, 02/03/31		900			843,462
Poinsettia Finance Ltd. Reg S 6.62%, 06/17/31		662			620,080
StoneCo Ltd. 144A 3.95%, 06/16/28		375			298,740
Yankuang Group Cayman Ltd. Reg S 2.90%, 11/30/24		800			785,640
					7,698,961
Chile: 0.8%
Agrosuper SA 144A 4.60%, 01/20/32 †		850			740,563
CAP SA 144A 3.90%, 04/27/31		450			353,880
Inversiones Latin America Power Ltda 144A 5.12%, 06/15/33		735			397,397
Kenbourne Invest SA 144A 6.88%, 11/26/24		750			704,666
VTR Comunicaciones SpA 144A
4.38%, 04/15/29		600			394,208
5.12%, 01/15/28		867			634,507
VTR Finance NV 144A 6.38%, 07/15/28		825			506,009
					3,731,230
China: 7.2%
Agile Group Holdings Ltd. Reg S 5.50%, 04/21/25		300			81,043

	Par (000’s		)	Value
China (continued)
Bank of Communications Co. Ltd. Reg S 3.80% (US Treasury Yield Curve Rate T 5 Year+3.35%), 11/18/2025 (o)	$	4,450		$	4,406,228
Bank of Communications Hong Kong Ltd. Reg S 3.73% (US Treasury Yield Curve Rate T 5 Year+2.52%), 3/3/2025 (o)		950			935,750
Central Plaza Development Ltd. Reg S 5.75% (US Treasury Yield Curve Rate T 5 Year+8.07%), 11/14/2024 (o)		650			448,970
China CITIC Bank International Ltd. Reg S 7.10% (US Treasury Yield Curve Rate T 5 Year+4.15%), 11/02/23 (o)		840			863,112
China Hongqiao Group Ltd. Reg S 6.25%, 06/08/24		850			754,014
China SCE Group Holdings Ltd. Reg S
5.95%, 09/29/24		300			54,000
6.00%, 02/04/26		400			63,360
Chong Hing Bank Ltd. Reg S 5.70% (US Treasury Yield Curve Rate T 5 Year+3.86%), 7/15/2024 (o)		600			576,240
CIFI Holdings Group Co. Ltd. Reg S
4.38%, 04/12/27 †		500			171,375
4.45%, 08/17/26		850			305,905
5.25%, 05/13/26		400			143,534
5.95%, 10/20/25		800			298,400
6.00%, 07/16/25 †		750			287,722
6.45%, 11/07/24		800			314,000
6.55%, 03/28/24 †		750			343,674
CMB Wing Lung Bank Ltd. Reg S 6.50% (US Treasury Yield Curve Rate T 5 Year+3.95%), 1/24/2024 (o)		500			503,315
Country Garden Holdings Co. Ltd. Reg S
2.70%, 07/12/26		1,100			377,025
3.12%, 10/22/25		1,400			501,494
3.30%, 01/12/31		1,100			332,750
3.88%, 10/22/30		800			250,018
eHi Car Services Ltd. Reg S
7.00%, 09/21/26		350			187,250
7.75%, 11/14/24		600			363,630
ENN Clean Energy International Investment Ltd. 144A

	Par (000’s		)	Value
China (continued)
3.38%, 05/12/26	$	1,200		$	1,015,778
Fortune Star BVI Ltd. Reg S
5.95%, 10/19/25		1,050			581,222
6.85%, 07/02/24		850			582,250
Glory Land Co. Ltd. Reg S 14.25%, 01/25/24		200			75,000
Greenland Global Investment Ltd. Reg S
5.88%, 07/03/24		700			154,000
6.75%, 09/26/23		700			157,500
6.75%, 03/03/24		300			69,000
Greentown China Holdings Ltd. Reg S
4.70%, 04/29/25		550			430,639
5.65%, 07/13/25		500			395,000
Industrial & Commercial Bank of China Ltd. Reg S 3.20% (US Treasury Yield Curve Rate T 5 Year+2.37%), 9/24/2026 (o) †		9,900			9,512,095
KWG Group Holdings Ltd. Reg S
5.88%, 11/10/24		600			76,303
5.95%, 08/10/25		400			50,405
6.00%, 08/14/26		550			64,825
6.30%, 02/13/26		700			82,580
7.40%, 03/05/24		800			109,778
7.40%, 01/13/27		200			24,550
7.88%, 09/01/23		650			100,877
New Metro Global Ltd. Reg S
4.80%, 12/15/24		600			215,520
6.80%, 08/05/23		500			247,375
Powerlong Real Estate Holdings Ltd. Reg S
5.95%, 04/30/25 †		800			94,928
6.25%, 08/10/24		600			79,500
Radiance Holdings Group Co. Ltd. Reg S 7.80%, 03/20/24		200			113,880
RKPF Overseas 2019 A Ltd. Reg S
6.00%, 09/04/25		600			233,278
6.70%, 09/30/24		550			269,637
RKPF Overseas 2019 E Ltd. Reg S 7.75% (US Treasury Yield Curve Rate T 5 Year+6.00%), 11/18/2024 (o)		600			186,206
Seazen Group Ltd. Reg S 4.45%, 07/13/25		250			106,637
Shangrao City Construction Investment Development Group Co. Ltd. Reg S 4.38%, 10/21/23		500			502,475
Sunac China Holdings Ltd. Reg S 6.50%, 01/10/25		1,100			129,250

	Par (000’s		)	Value
China (continued)
6.50%, 01/26/26	$	900		$	103,546
6.65%, 08/03/24		900			108,000
7.00%, 07/09/25		800			92,054
7.50%, 02/01/24		800			96,000
Times China Holdings Ltd. Reg S
5.55%, 06/04/24		600			79,390
5.75%, 01/14/27		200			20,455
6.20%, 03/22/26		600			60,000
6.75%, 07/08/25		600			68,674
Urumqi Gaoxin Investment and Development Group Co. Ltd. Reg S 4.75%, 10/23/23		500			490,000
Wanda Properties International Co. Ltd. Reg S 7.25%, 01/29/24		1,100			708,812
Wens Foodstuffs Group Co. Ltd. Reg S 2.35%, 10/29/25		450			374,726
West China Cement Ltd. Reg S 4.95%, 07/08/26		1,050			739,725
Xinhu BVI 2018 Holding Co. Ltd. Reg S 11.00%, 09/28/24		400			352,000
Yancoal International Resources Development Co. Ltd. Reg S 3.50%, 11/04/23		650			645,687
Yuzhou Group Holdings Co. Ltd. Reg S 6.35%, 01/13/27		200			16,046
Zhangzhou Transportation Development Group Co. Ltd. Reg S 4.98%, 06/01/25		600			601,583
					32,779,995
Colombia: 5.8%
Banco de Bogota SA 144A 6.25%, 05/12/26		1,833			1,749,213
Banco GNB Sudameris SA 144A 7.50% (US Treasury Yield Curve Rate T 5 Year+6.66%), 04/16/31		600			492,333
Bancolombia SA 4.62% (US Treasury Yield Curve Rate T 5 Year+2.94%), 12/18/29		900			770,989
Cable Onda SA 144A 4.50%, 01/30/30		1,050			931,597
Canacol Energy Ltd. 144A 5.75%, 11/24/28		925			764,972
Ecopetrol SA
4.12%, 01/16/25		1,600			1,541,738
4.62%, 11/02/31 †		1,625			1,340,479
5.38%, 06/26/26		2,000			1,938,410
5.88%, 09/18/23		2,393			2,421,142

	Par (000’s		)	Value
Colombia (continued)
5.88%, 05/28/45 †	$	2,625		$	1,995,079
5.88%, 11/02/51		975			715,708
6.88%, 04/29/30		2,625			2,506,875
7.38%, 09/18/43		1,108			993,330
Empresas Publicas de Medellin ESP 144A
4.25%, 07/18/29		1,675			1,344,733
4.38%, 02/15/31		925			734,071
GCM Mining Corp. 144A 6.88%, 08/09/26		575			429,913
Geopark Ltd. 144A 5.50%, 01/17/27		750			646,326
Grupo Aval Ltd. 144A 4.38%, 02/04/30		1,725			1,366,993
Grupo de Inversiones Suramericana SA 144A 5.50%, 04/29/26		900			830,061
Oleoducto Central SA 144A 4.00%, 07/14/27		750			637,458
Orazul Energy Peru SA 144A 5.62%, 04/28/27		550			489,423
Telefonica Celular del Paraguay SA 144A 5.88%, 04/15/27 †		900			859,244
Termocandelaria Power Ltd. 144A 7.88%, 01/30/29		978			869,733
					26,369,820
Costa Rica: 0.2%
Instituto Costarricense de Electricidad 144A
6.38%, 05/15/43		900			649,515
6.75%, 10/07/31		450			425,277
					1,074,792
Cyprus: 0.2%
MHP Lux SA 144A
6.25%, 09/19/29		700			293,650
6.95%, 04/03/26		850			368,390
MHP SE 144A 7.75%, 05/10/24		850			373,838
					1,035,878
Czech Republic: 0.1%
Energo-Pro AS 144A 8.50%, 02/04/27		650			623,009
Dominican Republic: 0.1%
Empresa Generadora de Electricidad Haina SA 144A 5.62%, 11/08/28		400			333,556
El Salvador: 0.1%
Grupo Unicomer Co. Ltd. 144A 7.88%, 04/01/24		425			424,150
Grupo Unicomer Co. Ltd. Reg S 7.88%, 04/01/24		200			199,600
					623,750

	Par (000’s		)	Value
France: 0.1%
Aeropuertos Dominicanos Siglo XXI SA 144A 6.75%, 03/30/29	$	500		$	458,570
Georgia: 0.4%
Georgia Capital JSC Reg S 6.12%, 03/09/24		600			571,803
Georgian Railway JSC 144A 4.00%, 06/17/28		850			722,500
Silknet JSC 144A 8.38%, 01/31/27		575			556,312
					1,850,615
Ghana: 0.4%
Kosmos Energy Ltd. 144A 7.12%, 04/04/26 †		1,125			992,874
Tullow Oil Plc 144A 7.00%, 03/01/25		1,300			1,076,465
					2,069,339
Greece: 0.2%
Navios South American Logistics, Inc. / Navios Logistics Finance US Inc 144A 10.75%, 07/01/25		775			733,906
Guatemala: 0.5%
Banco Industrial SA 144A 4.88% (US Treasury Yield Curve Rate T 5 Year+4.44%), 01/29/31		525			488,127
Central American Bottling Corp. / CBC Bottling Holdco SL / Beliv Holdco SL 144A 5.25%, 04/27/29		1,850			1,753,800
					2,241,927
Honduras: 0.1%
Inversiones Atlantida SA 144A 7.50%, 05/19/26		575			531,921
Hong Kong: 4.2%
Agile Group Holdings Ltd. Reg S
6.05%, 10/13/25 †		650			172,385
7.88% (US Treasury Yield Curve Rate T 5 Year+11.29%), 7/31/2024 (o)		500			97,527
8.38% (US Treasury Yield Curve Rate T 5 Year+11.25%), 12/4/2023 (o)		950			181,847
Bank of East Asia Ltd. Reg S 5.83% (US Treasury Yield Curve Rate T 5 Year+5.53%), 10/21/2025 (o)		1,000			935,000
5.88% (US Treasury Yield Curve Rate T 5 Year+4.26%), 9/19/2024 (o)		1,100			1,031,250

	Par (000’s		)	Value
Hong Kong (continued)
CAS Capital No 1 Ltd. Reg S 4.00% (US Treasury Yield Curve Rate T 5 Year+3.64%), 7/12/2026 (o)	$	1,250		$	982,511
Champion Path Holdings Ltd. Reg S
4.50%, 01/27/26		850			539,537
4.85%, 01/27/28		850			507,165
China CITIC Bank International Ltd. Reg S
3.25% (US Treasury Yield Curve Rate T 5 Year+2.53%), 7/29/2026 (o)		1,000			925,179
4.80% (US Treasury Yield Curve Rate T 5 Year+2.10%), 4/22/2027 (o)		900			865,962
China Oil & Gas Group Ltd. Reg S 4.70%, 06/30/26		700			561,750
China Water Affairs Group Ltd. Reg S 4.85%, 05/18/26		500			405,540
Easy Tactic Ltd.
7.50%, 07/11/27		1,104			223,107
7.50%, 07/11/28		1,553			223,971
Fortune Star BVI Ltd. Reg S
5.00%, 05/18/26		650			334,068
5.05%, 01/27/27		800			396,040
Franshion Brilliant Ltd. Reg S
4.88% (US Treasury Yield Curve Rate T 5 Year+2.75%), 06/21/24 (o)		200			124,802
6.00% (US Treasury Yield Curve Rate T 5 Year+5.58%), 2/8/2026 (o)		900			759,470
Gemdale Ever Prosperity Investment Ltd. Reg S 4.95%, 08/12/24		600			398,214
Hopson Development Holdings Ltd. Reg S 7.00%, 05/18/24		200			113,033
Melco Resorts Finance Ltd. 144A
4.88%, 06/06/25		1,600			1,305,440
5.25%, 04/26/26		800			622,172
5.38%, 12/04/29		1,900			1,305,380
5.62%, 07/17/27		970			683,312
5.75%, 07/21/28		1,400			998,056
RKPF Overseas 2019 A Ltd. Reg S 5.90%, 03/05/25		500			191,375
RKPF Overseas 2020 A Ltd. Reg S
5.12%, 07/26/26		600			225,838
5.20%, 01/12/26		700			265,467
Seaspan Corp. 144A 5.50%, 08/01/29		1,250			981,400
Seaspan Corp. 144A Reg S 6.50%, 04/29/26		400			386,000

	Par (000’s		)	Value
Hong Kong (continued)
Studio City Finance Ltd. 144A
5.00%, 01/15/29	$	2,000		$	1,025,254
6.00%, 07/15/25		650			428,993
6.50%, 01/15/28		875			483,843
Yanlord Land HK Co. Ltd. Reg S 5.12%, 05/20/26		550			349,250
					19,030,138
India: 5.6%
ABJA Investment Co. Pte Ltd. Reg S 5.95%, 07/31/24		1,700			1,724,081
Adani Green Energy Ltd. 144A 4.38%, 09/08/24		1,300			1,222,975
Adani Green Energy UP Ltd. / Prayatna Developers Pvt Ltd. / Parampujya Solar Energy 144A 6.25%, 12/10/24		850			832,490
Adani Renewable Energy RJ Ltd./Kodangal Solar Parks Pvt Ltd/Wardha Solar Maharash 144A 4.62%, 10/15/39		459			331,424
Bank of Baroda Reg S 3.88%, 04/04/24		450			447,829
Canara Bank Reg S 3.88%, 03/28/24		600			596,223
Delhi International Airport Ltd. 144A
6.12%, 10/31/26		800			733,704
6.45%, 06/04/29		850			692,750
Future Retail Ltd. 144A 5.60%, 01/22/25		650			75,790
GMR Hyderabad International Airport Ltd. 144A
4.25%, 10/27/27		650			539,533
4.75%, 02/02/26		550			495,687
5.38%, 04/10/24		375			364,219
HPCL-Mittal Energy Ltd. Reg S
5.25%, 04/28/27		550			483,313
5.45%, 10/22/26		600			556,680
India Green Energy Holdings 144A 5.38%, 04/29/24 †		500			478,108
JSW Hydro Energy Ltd. 144A 4.12%, 05/18/31		1,127			973,666
JSW Infrastructure Ltd. 144A 4.95%, 01/21/29		750			625,199
JSW Steel Ltd. 144A
3.95%, 04/05/27		850			722,520
5.05%, 04/05/32		850			666,935
JSW Steel Ltd. Reg S
5.38%, 04/04/25		700			652,785
5.95%, 04/18/24		750			739,687
Muthoot Finance Ltd. 144A

	Par (000’s		)	Value
India (continued)
4.40%, 09/02/23	$	850		$	825,605
Network i2i Ltd. 144A 5.65% (US Treasury Yield Curve Rate T 5 Year+4.28%), 1/15/2025 (o)		1,675			1,628,301
Periama Holdings LLC Reg S 5.95%, 04/19/26		1,150			1,072,375
ReNew Power Pvt Ltd. 144A 5.88%, 03/05/27		750			723,750
ReNew Wind Energy AP2 / ReNew Power Pvt Ltd. other 9 Subsidiaries 144A 4.50%, 07/14/28 †		1,050			863,371
Shriram Transport Finance Co. Ltd. 144A
4.15%, 07/18/25		700			620,486
4.40%, 03/13/24 †		1,300			1,232,912
Tata Motors Ltd. Reg S 5.88%, 05/20/25		400			397,000
TML Holdings Pte Ltd. Reg S 5.50%, 06/03/24		650			624,812
UPL Corp. Ltd. Reg S 5.25% (US Treasury Yield Curve Rate T 5 Year+3.87%), 2/27/2025 (o)		800			559,360
Vedanta Resources Finance II Plc 144A
9.25%, 04/23/26		875			553,440
13.88%, 01/21/24		1,725			1,495,759
Vedanta Resources Ltd. 144A 6.12%, 08/09/24		1,725			1,098,807
					25,651,576
Indonesia: 2.3%
Adaro Indonesia PT 144A 4.25%, 10/31/24		1,200			1,148,213
APL Realty Holdings Pte Ltd. Reg S 5.95%, 06/02/24		400			189,412
Bakrie Telecom Pte Ltd. Reg S 11.50%, 05/07/15 (d)		111			902
Bank Tabungan Negara Persero Tbk PT Reg S 4.20%, 01/23/25		400			380,000
Bukit Makmur Mandiri Utama PT 144A 7.75%, 02/10/26		800			656,600
Cikarang Listrindo Tbk PT 144A 4.95%, 09/14/26		1,000			923,840
Global Prime Capital Pte Ltd. Reg S 5.95%, 01/23/25		600			565,860
Indika Energy Capital III Pte Ltd. 144A 5.88%, 11/09/24		573			559,685
Indika Energy Capital IV Pte Ltd. 144A 8.25%, 10/22/25		1,025			998,606

	Par (000’s		)	Value
Indonesia (continued)
Jababeka International BV 144A 6.50%, 10/05/23	$	665		$	303,519
Japfa Comfeed Indonesia Tbk PT Reg S 5.38%, 03/23/26		500			390,000
Medco Bell Pte Ltd. 144A 6.38%, 01/30/27		950			839,116
Medco Oak Tree Pte Ltd. 144A 7.38%, 05/14/26		850			793,220
Medco Platinum Road Pte Ltd. 144A 6.75%, 01/30/25		775			735,142
Pakuwon Jati Tbk PT Reg S 4.88%, 04/29/28		600			512,940
Saka Energi Indonesia PT 144A 4.45%, 05/05/24		650			591,871
Theta Capital Pte Ltd. Reg S
6.75%, 10/31/26 †		600			418,800
8.12%, 01/22/25		700			551,544
					10,559,270
Israel: 3.1%
Leviathan Bond Ltd. 144A Reg S
6.12%, 06/30/25		1,025			1,008,600
6.50%, 06/30/27		1,025			983,701
6.75%, 06/30/30		900			851,510
Teva Pharmaceutical Finance Co. LLC 6.15%, 02/01/36 †		975			894,465
Teva Pharmaceutical Finance Netherlands III BV
3.15%, 10/01/26		4,600			4,161,321
4.10%, 10/01/46		2,623			1,853,934
6.00%, 04/15/24		1,592			1,607,912
6.75%, 03/01/28 †		1,650			1,657,322
7.12%, 01/31/25		1,300			1,337,173
					14,355,938
Kazakhstan: 0.3%
Kazakhstan Temir Zholy Finance BV 144A 6.95%, 07/10/42		1,375			1,169,513
Kuwait: 0.3%
Kuwait Projects Co. SPC Ltd. Reg S
4.23%, 10/29/26		800			652,104
4.50%, 02/23/27		750			592,476
					1,244,580
Luxembourg: 2.4%
Acu Petroleo Luxembourg Sarl 144A 7.50%, 01/13/32		350			293,172
Aegea Finance Sarl 144A 6.75%, 05/20/29		400			388,660
AI Candelaria Spain SA 144A 7.50%, 12/15/28		475			444,177

	Par (000’s		)	Value
Luxembourg (continued)
Consolidated Energy Finance SA 144A 5.62%, 10/15/28	$	900		$	735,637
CSN Resources SA 144A
4.62%, 06/10/31 †		600			453,852
5.88%, 04/08/32		375			299,816
Energean Israel Finance Ltd. 144A Reg S
4.50%, 03/30/24		1,000			954,500
4.88%, 03/30/26		1,075			986,984
5.38%, 03/30/28		1,000			885,300
5.88%, 03/30/31		1,075			917,513
Gol Finance SA 144A 8.00%, 06/30/26		525			348,245
Hidrovias International Finance SARL 144A 4.95%, 02/08/31		375			297,425
Kenbourne Invest SA 144A 4.70%, 01/22/28		725			518,245
MC Brazil Downstream Trading SARL 144A 7.25%, 06/30/31		1,450			1,165,329
Minerva Luxembourg SA 144A 4.38%, 03/18/31		850			702,495
Movida Europe SA 144A 5.25%, 02/08/31		550			464,750
Natura & Co. Luxembourg Holdings Sarl 144A 6.00%, 04/19/29 †		475			440,902
Petrorio Luxembourg Trading Sarl 144A 6.12%, 06/09/26		475			448,331
Poinsettia Finance Ltd. 144A 6.62%, 06/17/31		189			177,166
Rumo Luxembourg Sarl 144A 4.20%, 01/18/32 †		200			164,040
					11,086,539
Macao: 0.2%
MGM China Holdings Ltd. 144A 4.75%, 02/01/27		1,200			951,864
Mauritius: 2.4%
Axian Telecom 144A 7.38%, 02/16/27		725			669,762
Azure Power Energy Ltd. 144A 3.58%, 08/19/26		626			549,671
CA Magnum Holdings 144A 5.38%, 10/31/26		1,725			1,526,573
Clean Renewable Power Mauritius Pte Ltd. 144A 4.25%, 03/25/27		686			552,658
Greenko Power II Ltd. 144A 4.30%, 12/13/28		1,491			1,280,862
Greenko Wind Projects Mauritius Ltd. 144A

	Par (000’s		)	Value
Mauritius (continued)
5.50%, 04/06/25	$	1,075		$	998,675
IHS Netherlands Holdco BV 144A 8.00%, 09/18/27		1,500			1,337,805
India Airport Infra 144A 6.25%, 10/25/25		825			734,902
India Clean Energy Holdings 144A 4.50%, 04/18/27		500			378,750
India Cleantech Energy 144A 4.70%, 08/10/26		535			452,434
India Green Power Holdings 144A 4.00%, 02/22/27		700			563,500
India Toll Roads 144A 5.50%, 08/19/24		350			331,889
Liquid Telecommunications Financing Plc 144A 5.50%, 09/04/26		1,075			934,670
Network i2i Ltd. 144A 3.98% (US Treasury Yield Curve Rate T 5 Year+3.39%), 6/3/2026 (o) †		625			524,288
					10,836,439
Mexico: 7.2%
Alsea SAB de CV 144A 7.75%, 12/14/26		850			811,372
Axtel SAB de CV 144A 6.38%, 11/14/24		693			481,635
Banco Nacional de Comercio Exterior SNC 144A 2.72% (US Treasury Yield Curve Rate T 5 Year+2.00%), 08/11/31		750			654,419
Braskem Idesa SAPI 144A 6.99%, 02/20/32		1,975			1,708,197
Cemex SAB de CV 144A
3.88%, 07/11/31		2,625			2,112,823
5.12% (US Treasury Yield Curve Rate T 5 Year+4.53%), 6/8/2026 (o)		1,625			1,360,515
5.20%, 09/17/30		1,350			1,217,956
5.45%, 11/19/29		1,500			1,376,250
7.38%, 06/05/27		1,625			1,651,650
CIBanco SA Institution de Banca Multiple Trust 144A 4.38%, 07/22/31		900			621,171
Cydsa SAB de CV 144A 6.25%, 10/04/27		650			562,500
Electricidad Firme de Mexico Holdings SA de CV 144A 4.90%, 11/20/26		500			394,466
Grupo Axo SAPI de CV 144A 5.75%, 06/08/26		450			342,127
Grupo KUO SAB De CV 144A 5.75%, 07/07/27		800			741,296
Metalsa SAPI de CV 144A 3.75%, 05/04/31		600			431,589

	Par (000’s		)	Value
Mexico (continued)
Mexarrend SAPI de CV 144A 10.25%, 07/24/24	$	600		$	259,113
Nemak SAB de CV 144A 3.62%, 06/28/31		825			644,651
Operadora de Servicios Mega SA de CV Sofom ER 144A 8.25%, 02/11/25		800			514,487
Petroleos Mexicanos
4.50%, 01/23/26		325			294,778
4.62%, 09/21/23		225			223,911
4.88%, 01/18/24 †		300			300,300
5.35%, 02/12/28		650			545,321
5.50%, 06/27/44		250			159,049
5.62%, 01/23/46		225			144,225
5.95%, 01/28/31		1,250			974,125
6.35%, 02/12/48		575			380,018
6.38%, 01/23/45		375			252,208
6.49%, 01/23/27		525			477,600
6.50%, 03/13/27		1,275			1,154,544
6.50%, 01/23/29 †		375			322,710
6.50%, 06/02/41		525			357,606
6.62%, 06/15/35		975			716,625
6.70%, 02/16/32		2,090			1,680,193
6.75%, 09/21/47		1,725			1,183,807
6.84%, 01/23/30		750			639,559
6.88%, 10/16/25		275			269,833
6.88%, 08/04/26		875			837,585
6.95%, 01/28/60		1,150			776,921
7.69%, 01/23/50		2,475			1,810,722
Sixsigma Networks Mexico SA de CV 144A 7.50%, 05/02/25		525			419,996
Total Play Telecomunicaciones SA de CV 144A
6.38%, 09/20/28 †		1,100			864,424
7.50%, 11/12/25		850			744,383
Unifin Financiera SAB de CV 144A
7.00%, 01/15/25		600			316,431
7.25%, 09/27/23		425			262,310
8.38%, 01/27/28		825			423,395
9.88%, 01/28/29		875			465,929
					32,884,725
Mongolia: 0.3%
Development Bank of Mongolia LLC 144A 7.25%, 10/23/23		825			798,197
Mongolian Mining Corp./ Energy Resources LLC 144A 9.25%, 04/15/24		850			541,828
					1,340,025
Morocco: 1.1%
OCP SA 144A
3.75%, 06/23/31		1,300			1,059,770
4.50%, 10/22/25		875			862,588

	Par (000’s		)	Value
Morocco (continued)
5.12%, 06/23/51	$	1,100		$	779,432
5.62%, 04/25/24		1,300			1,320,496
6.88%, 04/25/44		950			816,783
					4,839,069
Netherlands: 1.0%
Coruripe Netherlands BV 144A 10.00%, 02/10/27		250			213,002
Greenko Dutch BV 144A 3.85%, 03/29/26		1,552			1,364,627
Petrobras Global Finance BV 5.50%, 06/10/51 †		525			436,023
Teva Pharmaceutical Finance Netherlands III BV
4.75%, 05/09/27		1,325			1,272,000
5.12%, 05/09/29 †		1,275			1,172,949
					4,458,601
Nigeria: 0.7%
Access Bank Plc 144A 6.12%, 09/21/26		725			539,291
EBN Finance Co. BV 144A 7.12%, 02/16/26		450			385,875
Fidelity Bank Plc 144A 7.62%, 10/28/26		750			593,475
First Bank of Nigeria Ltd. Via FBN Finance Co. BV 144A 8.62%, 10/27/25		550			523,859
SEPLAT Energy Plc 144A 7.75%, 04/01/26		1,075			913,771
United Bank for Africa Plc 144A 6.75%, 11/19/26		475			415,625
					3,371,896
Oman: 1.8%
Bank Muscat SAOG Reg S 4.75%, 03/17/26		700			673,029
Lamar Funding Ltd. 144A 3.96%, 05/07/25		1,575			1,514,295
Mazoon Assets Co. SAOC 144A 5.20%, 11/08/27		875			859,668
National Bank of Oman SAOG Reg S 5.62%, 09/25/23		700			701,460
OmGrid Funding Ltd. 144A 5.20%, 05/16/27		900			861,559
OQ SAOC 144A 5.12%, 05/06/28		1,300			1,240,396
Oztel Holdings SPC Ltd. 144A
5.62%, 10/24/23		1,050			1,053,395
6.62%, 04/24/28 †		1,425			1,456,273
					8,360,075
Pakistan: 0.1%
Pakistan Water & Power Development Authority Reg S 7.50%, 06/04/31		650			286,475

	Par (000’s		)	Value
Panama: 0.4%
Banco General SA 144A 5.25% (US Treasury Yield Curve Rate T 10 Year+3.67%), 5/7/2031 (o)	$	675		$	606,605
Banistmo SA 144A 4.25%, 07/31/27		600			562,734
Global Bank Corp. 144A 5.25% (ICE LIBOR USD 3 Month+3.30%), 04/16/29		600			566,940
					1,736,279
Paraguay: 0.2%
Banco Continental SAECA 144A 2.75%, 12/10/25		550			477,136
Frigorifico Concepcion SA 144A 7.70%, 07/21/28		425			343,179
					820,315
Peru: 2.5%
Auna SAA 144A 6.50%, 11/20/25		575			513,517
Banco BBVA Peru SA 144A 5.25% (US Treasury Yield Curve Rate T 5 Year+2.75%), 09/22/29		500			480,930
Banco Internacional del Peru SAA Interbank 144A
4.00% (US Treasury Yield Curve Rate T 1 Year+3.71%), 07/08/30		400			368,726
6.62% (ICE LIBOR USD 3 Month+5.76%), 03/19/29		600			593,952
Camposol SA 144A 6.00%, 02/03/27		550			448,957
Cia de Minas Buenaventura SAA 144A 5.50%, 07/23/26		825			711,785
Corp. Financiera de Desarrollo SA 144A 5.25% (ICE LIBOR USD 3 Month+5.61%), 07/15/29		475			453,537
InRetail Consumer 144A 3.25%, 03/22/28		950			790,029
InRetail Shopping Malls 144A 5.75%, 04/03/28		525			476,654
Minsur SA 144A 4.50%, 10/28/31		850			718,267
Peru LNG Srl 144A 5.38%, 03/22/30		1,550			1,298,125
Petroleos del Peru SA 144A
4.75%, 06/19/32		1,650			1,324,546
5.62%, 06/19/47		3,200			2,259,888
San Miguel Industrias PET SA / NG PET R&P Latin America SA 144A 3.50%, 08/02/28		500			415,845
Volcan Cia Minera SAA 144A 4.38%, 02/11/26		700			613,344
					11,468,102

	Par (000’s		)	Value
Philippines: 0.1%
Rizal Commercial Banking Corp. Reg S 6.50% (US Treasury Yield Curve Rate T 5 Year+6.24%), 8/27/2025 (o)	$	400		$	371,055
Poland: 0.4%
Canpack SA / Canpack US LLC 144A
3.12%, 11/01/25		650			584,051
3.88%, 11/15/29		1,400			1,156,345
					1,740,396
Qatar: 0.2%
QNB Finansbank AS 144A 6.88%, 09/07/24		1,125			1,123,140
Saudi Arabia: 0.5%
Arabian Centres Sukuk Ltd. 144A 5.38%, 11/26/24		850			800,164
Dar Al-Arkan Sukuk Co. Ltd. Reg S
6.75%, 02/15/25		1,100			1,073,145
6.88%, 02/26/27		600			569,400
					2,442,709
Singapore: 2.5%
Continuum Energy Levanter Pte Ltd. 144A 4.50%, 02/09/27		888			737,607
GLP Pte Ltd. Reg S
4.50% (US Treasury Yield Curve Rate T 5 Year+3.73%), 5/17/2026 (o)		1,700			1,368,500
4.60% (US Treasury Yield Curve Rate T 5 Year+3.73%), 6/29/2027 (o)		200			160,412
Golden Energy & Resources Ltd. Reg S 8.50%, 05/14/26		600			571,500
Greenko Investment Co. 144A 4.88%, 08/16/23		775			753,223
Greenko Solar Mauritius Ltd. 144A
5.55%, 01/29/25		950			889,437
5.95%, 07/29/26		850			779,875
Inkia Energy Ltd. 144A 5.88%, 11/09/27		1,066			989,324
Medco Laurel Tree Pte Ltd. 144A 6.95%, 11/12/28		700			603,155
Mersin Uluslararasi Liman Isletmeciligi AS 144A 5.38%, 11/15/24		1,000			906,730
Puma International Financing SA 144A
5.00%, 01/24/26		1,400			1,199,660
5.12%, 10/06/24		850			766,275
Star Energy Geothermal Wayang Windu Ltd. 144A

	Par (000’s		)	Value
Singapore (continued)
6.75%, 04/24/33	$	823		$	782,351
TML Holdings Pte Ltd. Reg S 4.35%, 06/09/26		700			614,285
Yanlord Land HK Co. Ltd. Reg S 6.80%, 02/27/24		600			516,000
					11,638,334
South Africa: 2.8%
Eskom Holdings SOC Ltd. 144A
6.35%, 08/10/28		1,725			1,647,547
6.75%, 08/06/23		1,400			1,390,900
7.12%, 02/11/25		2,175			2,032,524
8.45%, 08/10/28		875			783,125
Eskom Holdings SOC Ltd. Reg S 4.31%, 07/23/27		800			714,900
MTN Mauritius Investments Ltd. 144A
4.75%, 11/11/24		1,175			1,159,137
6.50%, 10/13/26		950			944,057
Sasol Financing USA LLC
5.88%, 03/27/24		2,450			2,453,798
6.50%, 09/27/28		1,250			1,193,231
Standard Bank Group Ltd. Reg S 5.95% (USD ICE Swap Rate 11:00am NY 5 Year+3.75%), 05/31/29		650			630,208
					12,949,427
South Korea: 0.2%
Woori Bank 144A 4.25% (US Treasury Yield Curve Rate T 5 Year+2.66%), 10/4/2024 (o)		850			810,008
Spain: 0.6%
AES Andres BV 144A 5.70%, 05/04/28		400			338,457
AI Candelaria Spain SA 144A 5.75%, 06/15/33		1,000			752,465
AI Candelaria Spain SA Reg S 7.50%, 12/15/28		200			187,022
Banco Bilbao Vizcaya Argentaria Colombia SA 144A 4.88%, 04/21/25		550			521,923
Colombia Telecomunicaciones SA ESP 144A 4.95%, 07/17/30		850			687,522
International Airport Finance SA 144A 12.00%, 03/15/33		528			498,328
					2,985,717
Switzerland: 0.1%
Consolidated Energy Finance SA 144A 6.50%, 05/15/26		650			608,553

	Par (000’s		)	Value
Tanzania: 0.1%
AngloGold Ashanti Holdings Plc 6.50%, 04/15/40	$	500		$	481,152
Thailand: 0.7%
Bangkok Bank PCL 144A 3.73% (US Treasury Yield Curve Rate T 5 Year+1.90%), 09/25/34		1,975			1,746,473
Kasikornbank PCL Reg S 3.34% (US Treasury Yield Curve Rate T 5 Year+1.70%), 10/02/31		1,400			1,260,518
					3,006,991
Togo: 0.2%
Ecobank Transnational, Inc. 144A 9.50%, 04/18/24		800			762,112
Trinidad and Tobago: 0.6%
Heritage Petroleum Co. Ltd. 144A 9.00%, 08/12/29		800			827,600
National Gas Co. of Trinidad & Tobago Ltd. 144A 6.05%, 01/15/36		700			639,124
Telecommunications Services of Trinidad & Tobago Ltd. 144A 8.88%, 10/18/29		525			484,130
Trinidad Generation Unlimited 144A 5.25%, 11/04/27		1,000			964,525
					2,915,379
Turkey: 5.8%
Akbank TAS 144A
5.12%, 03/31/25		900			786,731
6.80%, 02/06/26 †		725			633,872
6.80% (US Treasury Yield Curve Rate T 5 Year+6.01%), 06/22/31		850			696,632
Anadolu Efes Biracilik Ve Malt Sanayii AS 144A 3.38%, 06/29/28		700			476,894
Aydem Yenilenebilir Enerji AS 144A 7.75%, 02/02/27		1,300			904,085
KOC Holding AS 144A 6.50%, 03/11/25		1,300			1,191,359
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS 144A 9.50%, 07/10/36		500			415,800
Pegasus Hava Tasimaciligi AS 144A 9.25%, 04/30/26		550			501,666
TC Ziraat Bankasi AS 144A
5.12%, 09/29/23		900			861,005
5.38%, 03/02/26		950			779,190

	Par (000’s		)	Value
Turkey (continued)
Turk Telekomunikasyon AS 144A
4.88%, 06/19/24	$	750		$	648,863
6.88%, 02/28/25		805			696,856
Turkcell Iletisim Hizmetleri AS 144A
5.75%, 10/15/25		875			749,175
5.80%, 04/11/28		750			573,563
Turkiye Ihracat Kredi Bankasi AS 144A
5.38%, 10/24/23		775			726,954
5.75%, 07/06/26		1,225			997,382
6.12%, 05/03/24		850			784,538
8.25%, 01/24/24		825			797,701
Turkiye Is Bankasi AS 144A
6.12%, 04/25/24		2,025			1,886,247
7.85%, 12/10/23		555			540,914
Turkiye Is Bankasi AS Reg S 7.75% (US Treasury Yield Curve Rate T 5 Year+6.12%), 01/22/30		1,250			1,106,763
Turkiye Petrol Rafinerileri AS 144A 4.50%, 10/18/24		1,125			1,004,992
Turkiye Sinai Kalkinma Bankasi AS 144A
5.88%, 01/14/26		450			377,702
6.00%, 01/23/25		650			574,402
Turkiye Sise ve Cam Fabrikalari AS 144A 6.95%, 03/14/26		1,175			1,040,956
Turkiye Vakiflar Bankasi TAO 144A
5.25%, 02/05/25		1,225			1,061,156
5.50%, 10/01/26		775			623,264
6.50%, 01/08/26		1,225			1,042,811
8.12%, 03/28/24		975			930,365
Ulker Biskuvi Sanayi AS 144A 6.95%, 10/30/25		950			704,159
Yapi ve Kredi Bankasi AS 144A
5.85%, 06/21/24		850			785,137
7.88% (US Treasury Yield Curve Rate T 5 Year+7.42%), 01/22/31		775			677,954
8.25%, 10/15/24		825			784,917
Zorlu Yenilenebilir Enerji AS 144A 9.00%, 06/01/26		400			277,712
					26,641,717
Ukraine: 0.5%
Kernel Holding SA 144A
6.50%, 10/17/24		350			142,968
6.75%, 10/27/27		400			151,800
Metinvest BV 144A
7.65%, 10/01/27		650			257,439
7.75%, 10/17/29		800			318,400
8.50%, 04/23/26		800			319,760

	Par (000’s		)	Value
Ukraine (continued)
NAK Naftogaz Ukraine via Kondor Finance Plc 144A 7.62%, 11/08/26	$	700		$	144,971
NPC Ukrenergo 144A 6.88%, 11/09/26		1,100			201,850
State Agency of Roads of Ukraine 144A 6.25%, 06/24/28		1,400			253,371
Ukraine Railways Via Rail Capital Markets Plc Reg S 8.25%, 07/09/24		1,700			399,500
VF Ukraine PAT via VFU Funding Plc 144A 6.20%, 02/11/25		600			305,960
					2,496,019
United Arab Emirates: 1.9%
DIB Tier 1 Sukuk 3 Ltd. Reg S 6.25% (USD Swap Semi 30/360 6 Year+3.66%), 1/22/2025 (o)		1,250			1,267,500
DP World Salaam Reg S 6.00% (US Treasury Yield Curve Rate T 5 Year+5.75%), 10/1/2025 (o)		2,350			2,358,812
Emirates NBD Bank PJSC Reg S 6.12% (USD Swap Semi 30/360 6 Year+3.66%), 3/20/2025 (o)		1,650			1,630,299
GEMS Menasa Cayman Ltd. / GEMS Education Delaware LLC 144A 7.12%, 07/31/26		1,550			1,458,651
MAF Global Securities Ltd. Reg S 6.38% (US Treasury Yield Curve Rate T 5 Year+3.54%), 12/20/2025 (o)		550			524,810
Shelf Drilling Holdings Ltd. 144A
8.25%, 02/15/25		1,425			1,115,134
8.88%, 11/15/24		575			567,893
					8,923,099
United Kingdom: 1.7%
Bidvest Group UK Plc 144A 3.62%, 09/23/26		1,325			1,187,730
Endeavour Mining Plc 144A 5.00%, 10/14/26		775			634,252
IHS Holding Ltd. 144A
5.62%, 11/29/26		775			646,985
6.25%, 11/29/28		800			657,072
Petra Diamonds US Treasury Plc 144A 10.50%, 03/08/26		543			524,207
Tullow Oil Plc 144A 10.25%, 05/15/26		2,845			2,670,986
Vedanta Resources Finance II Plc 144A

	Par (000’s		)	Value
United Kingdom (continued)
8.95%, 03/11/25	$	1,850		$	1,359,648
					7,680,880
United States: 4.4%
AES Andes SA 144A
6.35% (US Treasury Yield Curve Rate T 5 Year+4.92%), 10/07/79		800			685,108
7.12% (USD Swap Semi 30/360 5 Year+4.64%), 03/26/79		900			822,033
AES Argentina Generacion SA 144A 7.75%, 02/02/24		575			444,222
Azul Investments LLP 144A 7.25%, 06/15/26 †		550			372,589
Empresa Electrica Cochrane SpA 144A 5.50%, 05/14/27		567			492,908
Energuate Trust 144A 5.88%, 05/03/27		400			382,008
EnfraGen Energia Sur SA / EnfraGen Spain SA / Prime Energia SpA 144A 5.38%, 12/30/30		1,050			716,593
Guacolda Energia SA 144A 4.56%, 04/30/25		1,050			364,266
Kosmos Energy Ltd. 144A
7.50%, 03/01/28		650			530,384
7.75%, 05/01/27		725			616,366
Mercury Chile Holdco LLC 144A 6.50%, 01/24/27		500			440,000
MGM China Holdings Ltd. 144A
5.25%, 06/18/25 †		825			699,692
5.38%, 05/15/24 †		1,200			1,074,130
5.88%, 05/15/26		1,275			1,056,696
Mong Duong Finance Holdings BV 144A 5.12%, 05/07/29		1,100			904,750
Sasol Financing USA LLC
4.38%, 09/18/26		975			885,485
5.50%, 03/18/31		1,300			1,063,055
SierraCol Energy Andina LLC 144A 6.00%, 06/15/28		900			654,930
Stillwater Mining Co. 144A
4.00%, 11/16/26		1,125			969,019
4.50%, 11/16/29		850			675,878
Wynn Macau Ltd. 144A
4.88%, 10/01/24		1,050			879,522
5.12%, 12/15/29 †		1,650			1,266,408
5.50%, 01/15/26		1,625			1,337,578
5.50%, 10/01/27		1,225			967,135
5.62%, 08/26/28		2,125			1,662,791
					19,963,546
Uruguay: 0.1%
Arcos Dorados BV 144A

	Par (000’s		)	Value
Uruguay (continued)
6.12%, 05/27/29	$	550		$	523,336
Uzbekistan: 0.5%
Ipoteka-Bank ATIB Reg S 5.50%, 11/19/25		400			349,660
National Bank of Uzbekistan Reg S 4.85%, 10/21/25		400			353,000
Uzauto Motors AJ 144A 4.85%, 05/04/26		600			474,000
Uzbek Industrial and Construction Bank ATB Reg S 5.75%, 12/02/24		450			406,800
Uzbekneftegaz JSC 144A 4.75%, 11/16/28		1,200			851,304
					2,434,764
Zambia: 1.6%
First Quantum Minerals Ltd. 144A
6.50%, 03/01/24		1,425			1,415,880
6.88%, 03/01/26		1,625			1,569,671
6.88%, 10/15/27		2,400			2,291,412
7.50%, 04/01/25		2,200			2,193,037
					7,470,000
Total Corporate Bonds (Cost: $549,151,526)					438,351,859

GOVERNMENT OBLIGATIONS: 1.1%
Argentina: 0.8%
Ciudad Autonoma De Buenos Aires 144A 7.50%, 06/01/27		1,500			1,203,334
Provincia de Cordoba 144A
5.00%, 02/01/29		782			445,698
6.99%, 06/01/27 (s)		882			506,163
Provincia de Mendoza 144A 4.25%, 03/19/29 (s)		1,000			597,530
Provincia de Neuquen 144A 4.62%, 04/27/30 (s)		525			278,250
Provincia del Chubut 144A 7.75%, 07/26/30 (s)		714			514,815
Provincia del Chubut Reg S 7.75%, 07/26/30 (s)		268			193,056
					3,738,846
Turkey: 0.3%
Istanbul Metropolitan Municipality 144A
6.38%, 12/09/25		900			718,924
10.75%, 04/12/27		550			494,367
					1,213,291
Total Government Obligations (Cost: $6,115,851)					4,952,137
Total Investments Before Collateral for Securities Loaned: 96.8% (Cost: $555,267,377)					443,303,996

	Number of Shares		Value
SHORT-TERM INVESTMENT HELD AS COLLATERAL FOR SECURITIES ON LOAN: 5.0% (Cost: $22,895,262)
Money Market Fund: 5.0%
State Street Navigator Securities Lending Government Money Market Portfolio		22,895,262	$	22,895,262
Total Investments: 101.8% (Cost: $578,162,639)				466,199,258
Liabilities in excess of other assets: (1.8)%				(8,272,101)
NET ASSETS: 100.0%			$	457,927,157

Summary of Investments by Sector Excluding Collateral for Securities Loaned	% of Investments		Value
Basic Materials	10.8	%	$	47,631,306
Consumer Cyclicals	3.9			17,358,942
Consumer Non-Cyclicals	3.6			15,791,797
Energy	18.7			83,042,785
Financials	34.7			153,800,209
Government Activity	1.1			4,952,137
Healthcare	3.5			15,577,968
Industrials	9.0			39,814,896
Real Estate	2.7			12,034,572
Technology	3.9			17,406,596
Utilities	8.1			35,892,788
	100.0	%	$	443,303,996

†	Security fully or partially on loan. Total market value of securities on loan is $25,374,970.
(s)	The rate shown reflects the rate in effect at the end of the reporting period. Coupon adjusts periodically based upon a predetermined schedule
(o)	Perpetual Maturity — the date shown is the next call date
(d)	Security in default

Reg S	Security was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration.
144A	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended, or otherwise restricted. These securities may be resold in transactions exempt from registration, unless otherwise noted, and the value amounted $302,125,996, or 66.0% of net assets.