BlackRock Corporate High Yield Fund


Security		Par (000)		Value


Asset-Backed Securities
AlbaCore EURO CLO I DAC, Series 1X, Class ER, (3 mo. EURIBOR + 5.96%), 5.96%, 10/18/34^(a)(b)	EUR		100	$	74,833
Ares XXXIIR CLO Ltd., Series 2014-32RA, Class B, (3 mo. LIBOR US + 1.80%), 4.71%, 05/15/30^(b)(c)	USD		500		454,028
Bilbao CLO II DAC, Series 2X, Class DR, (3 mo. EURIBOR + 5.97%), 6.36%, 08/20/35^(a)(b)	EUR		100		76,095
BlueMountain Fuji Eur CLO IV DAC, Series 4X, Class ER, (3 mo. EURIBOR + 6.21%), 6.68%, 02/25/34^(a)(b)			100		76,259
Contego CLO VIII DAC, Series 8X, Class ER, (3 mo. EURIBOR + 6.06%), 6.21%, 01/25/34^(a)(b)			100		77,401
CVC Cordatus Loan Fund XXII DAC, (3 mo. EURIBOR + 3.15%), 4.15%, 12/15/34^(a)(b)			100		79,807
Galaxy Xxviii CLO Ltd., Series 2018-28A, Class C, (3 mo. LIBOR US + 1.95%), 4.46%, 07/15/31^(b)(c)	USD		250		228,623
Greene King Finance PLC^(b)
Series B1, 4.04%, 12/15/34	GBP		100		90,756
Series B2, 4.32%, 03/15/36^(a)			100		83,741
Neuberger Berman Loan Advisers Euro CLO 2 DAC, Series 2021-2X, Class E, (3 mo. EURIBOR + 6.06%), 6.06%, 04/15/34^(a)(b)	EUR		100		76,979
Northwoods Capital 21 Euro DAC, Series 2020- 21X, Class ER, (3 mo. EURIBOR + 6.06%), 6.19%, 07/22/34^(a)(b)			100		77,240
Providus CLO III DAC, Series 3X, Class ER, (3 mo. EURIBOR + 6.26%), 6.26%, 07/18/34^(a)(b)			100		77,877
Rockfield Park CLO DAC, Class D, (3 mo. EURIBOR + 5.95%), 5.95%, 07/16/34^(a)(b)			100		77,098
Unique Pub Finance Co. PLC, Series N, 6.46%, 03/30/32^(a)	GBP		300		376,422
Voya Euro CLO II DAC, Class ER, (3 mo. EURIBOR + 6.02%), 6.02%, 07/15/35^(a)(b)	EUR		100		77,159


Total Asset-Backed Securities — 0.2% (Cost: $2,558,460)					2,004,318


		Shares


Common Stocks

Building Products — 0.0%
AZEK Co., Inc.^(d)			1,120		18,614


Chemicals — 0.2%
Diversey Holdings Ltd.^(d)			180,731		878,353
Element Solutions, Inc.			63,538		1,033,763


					1,912,116

Consumer Finance — 0.0%
Ally Financial, Inc.			1		28


Security		Shares		Value


Containers & Packaging — 0.1%
Ardagh Metal Packaging S.A., (Acquired 08/02/21, Cost: $1,599,352)^(e)			162,646	$	756,304


Diversified Financial Services^(f)— 0.0%
Kcad Holdings I Ltd.			2,223,465,984		22,235
UCI International Remainco LLC			109,729		1


					22,236

Electrical Equipment — 0.0%
Sensata Technologies Holding PLC			10,642		396,734
SunPower Corp.^(d)			1,025		23,616


					420,350

IT Services — 0.1%
Block, Inc.			4,614		253,724
Twilio, Inc., Class A^(d)			2,522		174,371


					428,095

Life Sciences Tools & Services — 0.1%
Syneos Health, Inc.^(d)			25,747		1,213,971


Media — 0.0%
Clear Channel Outdoor Holdings, Inc.^(d)			274,248		375,720


Metals & Mining — 0.1%
Constellium SE^(d)			138,993		1,409,389


Oil, Gas & Consumable Fuels — 0.4%
Cheniere Energy, Inc.			7,404		1,228,398
Chesapeake Energy Corp.^(g)			20,521		1,933,106
Energy Transfer LP			77,510		854,935


					4,016,439

Road & Rail — 0.0%
Uber Technologies, Inc.^(d)			14,860		393,790


Semiconductors & Semiconductor Equipment — 0.0%
Maxeon Solar Technologies Ltd.^(d)			128		3,042


Software — 0.1%
Informatica, Inc., Class A^(d)			62,173		1,247,812


Total Common Stocks — 1.1% (Cost: $39,431,216)					12,217,906


		Par (000)


Corporate Bonds

Aerospace & Defense — 4.9%
Amsted Industries, Inc., 5.63%, 07/01/27^(c)	USD		890		818,800
Bombardier, Inc.^(c)
7.50%, 03/15/25			385		374,370
7.13%, 06/15/26			3,386		3,105,538
7.88%, 04/15/27			4,116		3,786,720
6.00%, 02/15/28			2,483		2,077,462
7.45%, 05/01/34			234		218,257
EnPro Industries, Inc., 5.75%, 10/15/26			2,192		2,109,800
F-Brasile SpA/F-Brasile U.S. LLC, Series XR, 7.38%, 08/15/26^(c)			2,295		1,779,107
Howmet Aerospace, Inc., 5.13%, 10/01/24			44		43,001
Rolls-Royce PLC, 5.75%, 10/15/27^(c)			4,697		4,080,519


Security		Par (000)		Value


Aerospace & Defense (continued)
Spirit AeroSystems, Inc.^(c)
5.50%, 01/15/25	USD		866	$	818,370
7.50%, 04/15/25			126		118,721
TransDigm, Inc.
8.00%, 12/15/25^(c)			1,221		1,238,350
6.25%, 03/15/26^(c)			28,460		27,606,200
6.38%, 06/15/26			328		309,882
7.50%, 03/15/27			445		423,640
4.63%, 01/15/29			2,156		1,735,645
4.88%, 05/01/29			1,665		1,345,828
Triumph Group, Inc., 8.88%, 06/01/24^(c)			3,523		3,480,336


					55,470,546

Airlines — 2.6%
Air Canada, 3.88%, 08/15/26^(c)			1,881		1,615,309
Air France-KLM, 3.88%, 07/01/26^(a)	EUR		100		79,599
Allegiant Travel Co., 7.25%, 08/15/27^(c)	USD		553		521,202
American Airlines, Inc., 11.75%, 07/15/25^(c)			4,476		4,674,466
American Airlines, Inc./AAdvantage Loyalty IP Ltd.^(c)
5.50%, 04/20/26			2,908		2,730,848
5.75%, 04/20/29			4,767		4,159,377
Delta Air Lines, Inc., 7.00%, 05/01/25^(c)			751		755,845
Delta Air Lines, Inc./SkyMiles IP Ltd., 4.75%, 10/20/28^(c)			949		883,893
Deutsche Lufthansa AG^(a)
3.75%, 02/11/28	EUR		200		154,202
3.50%, 07/14/29			300		215,315
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26^(c)	USD		1,377		1,214,500
International Consolidated Airlines Group SA^(a)
2.75%, 03/25/25	EUR		100		81,526
3.75%, 03/25/29			100		65,663
Series IAG, 1.13%, 05/18/28			200		115,766
Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.50%, 06/20/27^(c)	USD		4,202		4,113,152
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd., 8.00%, 09/20/25^(c)			216		217,241
United Airlines Pass-Through Trust
Series 2020-1, Class A, 5.88%, 04/15/29			2,758		2,660,086
Series 2020-1, Class B, 4.88%, 07/15/27			223		208,164
United Airlines, Inc.^(c)
4.38%, 04/15/26			2,515		2,244,637
4.63%, 04/15/29			3,374		2,791,783


					29,502,574

Auto Components — 2.1%
Adient Global Holdings Ltd., 3.50%, 08/15/24^(a)	EUR		100		90,312
Clarios Global LP, 6.75%, 05/15/25^(c)	USD		1,189		1,164,304
Clarios Global LP/Clarios U.S. Finance Co.
4.38%, 05/15/26^(a)	EUR		201		173,749
6.25%, 05/15/26^(c)	USD		5,408		5,164,640
8.50%, 05/15/27^(c)			12,095		11,544,557
Dana Financing Luxembourg SARL, 3.00%, 07/15/29^(a)	EUR		100		70,544
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28^(c)	USD		1,960		1,724,842
Dornoch Debt Merger Sub, Inc., 6.63%, 10/15/29^(c)			601		433,353


Security		Par (000)		Value


Auto Components (continued)
Faurecia SE, 2.75%, 02/15/27^(a)	EUR		356	$	267,779
Goodyear Tire & Rubber Co.
9.50%, 05/31/25	USD		1,085		1,125,687
5.00%, 07/15/29			724		591,037
5.63%, 04/30/33			311		249,189
Grupo Antolin-Irausa SA, 3.50%, 04/30/28^(a)	EUR		146		91,295
Titan International, Inc., 7.00%, 04/30/28	USD		348		315,744
ZF Finance GmbH^(a)
2.00%, 05/06/27	EUR		200		151,401
2.75%, 05/25/27			100		77,738


					23,236,171

Automobiles — 2.4%
Allison Transmission, Inc., 5.88%, 06/01/29^(c)	USD		919		831,695
Asbury Automotive Group, Inc.
4.50%, 03/01/28			751		634,595
4.75%, 03/01/30			147		114,804
5.00%, 02/15/32^(c)			953		733,868
Carvana Co.^(c)
5.50%, 04/15/27			1,524		830,580
4.88%, 09/01/29			1,222		595,725
Constellation Automotive Financing PLC, 4.88%, 07/15/27^(a)	GBP		100		75,646
Ford Motor Co.
3.25%, 02/12/32	USD		3,346		2,410,224
6.10%, 08/19/32			876		772,282
4.75%, 01/15/43			426		282,263
5.29%, 12/08/46			532		375,060
Ford Motor Credit Co. LLC
3.81%, 01/09/24			713		689,828
4.69%, 06/09/25			200		185,599
5.13%, 06/16/25			2,014		1,900,431
4.13%, 08/04/25			2,166		1,965,753
3.38%, 11/13/25			489		432,035
4.39%, 01/08/26			507		458,889
2.70%, 08/10/26			1,611		1,336,147
4.95%, 05/28/27			969		865,104
4.13%, 08/17/27			644		554,162
3.82%, 11/02/27			200		168,000
2.90%, 02/16/28			1,644		1,292,135
5.11%, 05/03/29			1,248		1,082,890
4.00%, 11/13/30			1,424		1,110,720
3.63%, 06/17/31			1,200		891,540
Group 1 Automotive, Inc., 4.00%, 08/15/28^(c)			243		195,666
Jaguar Land Rover Automotive PLC^(a)
6.88%, 11/15/26	EUR		100		76,418
4.50%, 07/15/28			138		87,579
Ken Garff Automotive LLC, 4.88%, 09/15/28^(c)	USD		680		555,755
LCM Investments Holdings II LLC, 4.88%, 05/01/29^(c)			1,552		1,201,816
Lithia Motors, Inc., 3.88%, 06/01/29^(c)			721		578,603
MajorDrive Holdings IV LLC, 6.38%, 06/01/29^(c)			975		672,214
Penske Automotive Group, Inc.
3.50%, 09/01/25			1,040		952,023
3.75%, 06/15/29			377		299,641
RCI Banque SA, (5 year EUR Swap + 2.85%), 2.63%, 02/18/30^(a)(b)	EUR		600		498,279
Renault SA, 2.38%, 05/25/26^(a)			100		81,700
Sonic Automotive, Inc., 4.63%, 11/15/29^(c)	USD		362		284,170


Security		Par (000)		Value


Automobiles (continued)
Volvo Car AB, 2.50%, 10/07/27^(a)	EUR		100	$	81,006
Wabash National Corp., 4.50%, 10/15/28^(c)	USD		1,072		831,020


					26,985,865

Banks — 0.5%
Banca Monte dei Paschi di Siena SpA^(a)
2.63%, 04/28/25	EUR		125		104,700
1.88%, 01/09/26			100		78,907
Banco Espirito Santo SA^(d)(h)
0.00%, 01/15/22			1,900		223,451
0.00%, 01/21/22			1,100		129,367
Commerzbank AG, (5 year EUR Swap + 6.36%), 6.13%^(a)(b)(i)			200		164,893
First-Citizens Bank & Trust Co., 6.00%, 04/01/36	USD		3,261		3,110,808
HSBC Bank PLC, Series 1M, (6 mo. LIBOR US + 0.25%), 3.13%^(b)(i)			170		123,995
Intesa Sanpaolo SpA
5.71%, 01/15/26^(c)			600		545,710
5.15%, 06/10/30^(a)	GBP		125		103,792
(1 year CMT + 2.60%), 4.20%, 06/01/32^(b)(c)	USD		855		576,440
(1 year CMT + 2.75%), 4.95%, 06/01/42^(b)(c)			630		374,104


					5,536,167

Beverages — 1.8%
ARD Finance SA, (6.50% Cash or 7.25% PIK), 6.50%, 06/30/27^(c)(j)			3,279		2,245,329
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC
3.00%, 09/01/29^(a)	EUR		607		423,688
4.00%, 09/01/29^(c)	USD		7,386		5,409,159
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 4.75%, 07/15/27^(c)	GBP		427		308,825
Ball Corp.
2.88%, 08/15/30	USD		151		115,884
3.13%, 09/15/31			2,110		1,590,413
Canpack SA/Canpack U.S. LLC, 3.13%, 11/01/25^(c)			584		513,555
Crown Cork & Seal Co., Inc., 7.38%, 12/15/26			155		155,000
Mauser Packaging Solutions Holding Co., 5.50%, 04/15/24^(c)			2,321		2,204,950
OI European Group BV, 2.88%, 02/15/25^(a)	EUR		100		87,715
Silgan Holdings, Inc., 4.13%, 02/01/28	USD		150		133,050
Trivium Packaging Finance BV^(c)
5.50%, 08/15/26			2,693		2,408,536
8.50%, 08/15/27			5,584		4,929,624


					20,525,728

Biotechnology^(a)— 0.0%
Cidron Aida Finco SARL
5.00%, 04/01/28	EUR		269		215,863
6.25%, 04/01/28	GBP		133		116,945


					332,808

Building Materials — 0.8%
HT Troplast GmbH, 9.25%, 07/15/25^(a)	EUR		128		110,706
James Hardie International Finance DAC, 5.00%, 01/15/28^(c)	USD		458		413,624
Jeld-Wen, Inc., 6.25%, 05/15/25^(c)			852		800,880
Masonite International Corp.^(c)
Class C, 5.38%, 02/01/28			239		211,403
Class C, 3.50%, 02/15/30			1,179		901,353
New Enterprise Stone & Lime Co., Inc.^(c)
5.25%, 07/15/28			435		359,538


Security		Par (000)		Value

Building Materials (continued)
New Enterprise Stone & Lime Co., Inc.^(c)(continued)
9.75%, 07/15/28	USD		640	$	539,849
PCF GmbH, 4.75%, 04/15/26^(a)	EUR		100		78,963
SRM Escrow Issuer LLC, 6.00%, 11/01/28^(c)	USD		2,731		2,219,593
Standard Industries, Inc.
2.25%, 11/21/26^(a)	EUR		100		76,448
5.00%, 02/15/27^(c)	USD		576		509,708
4.75%, 01/15/28^(c)			100		84,488
4.38%, 07/15/30^(c)			2,325		1,778,625
3.38%, 01/15/31^(c)			819		576,003
Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/29^(c)			923		812,240


					9,473,421

Building Products^(c)— 1.5%
Advanced Drainage Systems, Inc.
5.00%, 09/30/27			1,187		1,091,613
6.38%, 06/15/30			2,305		2,233,199
Beacon Roofing Supply, Inc., 4.13%, 05/15/29			552		447,070
Camelot Return Merger Sub, Inc., 8.75%, 08/01/28			1,004		827,499
Foundation Building Materials, Inc., 6.00%, 03/01/29			586		427,676
GYP Holdings III Corp., 4.63%, 05/01/29			1,296		985,801
LBM Acquisition LLC, 6.25%, 01/15/29			613		415,307
Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/26			386		319,400
SRS Distribution, Inc.
4.63%, 07/01/28			2,495		2,143,180
6.13%, 07/01/29			2,466		1,980,449
6.00%, 12/01/29			2,622		2,091,097
White Cap Buyer LLC, 6.88%, 10/15/28			3,079		2,512,341
White Cap Parent LLC, (8.25% PIK), 8.25%, 03/15/26^(j)			1,165		986,989


					16,461,621

Capital Markets — 1.5%
AG TTMT Escrow Issuer LLC, 8.63%, 09/30/27^(c)			708		665,520
Aretec Escrow Issuer, Inc., 7.50%, 04/01/29^(c)			613		513,033
Charles Schwab Corp., Series H, (10 year CMT + 3.08%), 4.00%^(b)(i)			3,275		2,405,760
Compass Group Diversified Holdings LLC, 5.25%, 04/15/29^(c)			1,129		885,960
Icahn Enterprises LP/Icahn Enterprises Finance Corp.
4.75%, 09/15/24			591		552,916
6.25%, 05/15/26			800		747,632
5.25%, 05/15/27			2,156		1,887,599
4.38%, 02/01/29			1,324		1,065,661
Kane Bidco Ltd., 6.50%, 02/15/27^(a)	GBP		165		158,033
Lehman Brothers Holding Escrow, 1.00%^(d)(h)	USD		430		1,591
Lehman Brothers Holdings, Inc.^(d)(h)
5.38%, 10/17/12^(f)	EUR		350		1,887
4.75%, 01/16/14^(f)			1,890		10,188
0.00%, 02/05/22^(f)			3,950		21,292
0.00%, 12/31/49	USD		1,535		5,679
NFP Corp.^(c)
4.88%, 08/15/28			2,647		2,258,725
6.88%, 08/15/28			7,250		5,655,000
Sherwood Financing PLC, 6.00%, 11/15/26^(a)	GBP		100		83,602


					16,920,078


Security		Par (000)		Value


Chemicals — 3.2%
Ashland LLC, 3.38%, 09/01/31^(c)	USD		1,561	$	1,206,520
Avient Corp., 7.13%, 08/01/30^(c)			799		737,421
Axalta Coating Systems Dutch Holding B BV, 3.75%, 01/15/25^(a)	EUR		242		217,013
Axalta Coating Systems LLC, 3.38%, 02/15/29^(c)	USD		2,201		1,725,474
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 06/15/27^(c)			1,148		1,022,680
Celanese U.S. Holdings LLC, 6.17%, 07/15/27			1,120		1,059,973
Chemours Co., 5.75%, 11/15/28^(c)			609		498,113
Diamond BC BV, 4.63%, 10/01/29^(c)			2,340		1,628,219
Element Solutions, Inc., 3.88%, 09/01/28^(c)			6,955		5,600,166
EverArc Escrow SARL, 5.00%, 10/30/29^(c)			3,027		2,443,531
FIS Fabbrica Italiana Sintetici SpA, 5.63%, 08/01/27^(a)	EUR		100		81,344
GCP Applied Technologies, Inc., 5.50%, 04/15/26^(c)	USD		791		801,876
HB Fuller Co., 4.25%, 10/15/28			606		509,888
Herens Holdco SARL, 4.75%, 05/15/28^(c)			2,396		1,916,800
Herens Midco SARL, 5.25%, 05/15/29^(a)	EUR		102		62,571
Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, 07/01/28^(c)	USD		1,619		1,343,770
Ingevity Corp., 3.88%, 11/01/28^(c)			494		408,432
Kobe U.S. Midco 2, Inc., (9.25% Cash or 10.00% PIK), 9.25%, 11/01/26^(c)(j)			1,348		1,064,920
LSF11 A5 HoldCo LLC, 6.63%, 10/15/29^(c)			610		457,500
Lune Holdings SARL, 5.63%, 11/15/28^(a)	EUR		150		110,300
Minerals Technologies, Inc., 5.00%, 07/01/28^(c)	USD		878		764,148
Monitchem HoldCo 3 SA, 5.25%, 03/15/25^(a)	EUR		122		108,207
NOVA Chemicals Corp., 4.88%, 06/01/24^(c)	USD		456		428,467
Olympus Water U.S. Holding Corp., 5.38%, 10/01/29^(a)	EUR		100		71,423
SCIL IV LLC/SCIL USA Holdings LLC, 5.38%, 11/01/26^(c)	USD		1,284		991,890
Scotts Miracle-Gro Co.
4.00%, 04/01/31			843		593,472
4.38%, 02/01/32			146		103,835
WESCO Distribution, Inc.^(c)
7.13%, 06/15/25			1,940		1,941,067
7.25%, 06/15/28			2,820		2,762,053
WR Grace Holdings LLC, 5.63%, 08/15/29^(c)			6,817		5,112,750


					35,773,823

Commercial Services & Supplies — 1.7%
ADT Security Corp.^(c)
4.13%, 08/01/29			104		86,320
4.88%, 07/15/32			168		135,486
Albion Financing 1 SARL/Aggreko Holdings, Inc., 6.13%, 10/15/26^(c)			940		794,704
AMN Healthcare, Inc., 4.00%, 04/15/29^(c)			502		422,990
APX Group, Inc.^(c)
6.75%, 02/15/27			1,620		1,513,353
5.75%, 07/15/29			1,478		1,168,470
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 5.38%, 03/01/29^(c)			198		162,587
BCP V Modular Services Finance II PLC^(a)
4.75%, 11/30/28	EUR		200		156,808
6.13%, 11/30/28	GBP		100		86,545
EC Finance PLC, 3.00%, 10/15/26^(a)	EUR		209		177,690


Security		Par (000)		Value


Commercial Services & Supplies (continued)
Fortress Transportation & Infrastructure Investors LLC^(c)
6.50%, 10/01/25	USD		295	$	277,127
9.75%, 08/01/27			261		255,208
5.50%, 05/01/28			1,713		1,370,160
Garden Spinco Corp., 8.63%, 07/20/30^(c)			963		994,904
Herc Holdings, Inc., 5.50%, 07/15/27^(c)			2,566		2,309,400
Hertz Corp.^(c)
4.63%, 12/01/26			666		541,033
5.00%, 12/01/29			476		354,025
Inter Media & Communication SpA, 6.75%, 02/09/27^(a)	EUR		100		90,652
Loxam SAS^(a)
3.25%, 01/14/25			268		236,388
3.75%, 07/15/26			115		95,113
4.50%, 02/15/27			101		83,641
Metis Merger Sub LLC, 6.50%, 05/15/29^(c)	USD		1,185		924,300
NESCO Holdings II, Inc., 5.50%, 04/15/29^(c)			1,353		1,127,712
Paprec Holding SA, 3.50%, 07/01/28^(a)	EUR		100		74,631
Prime Security Services Borrower LLC/Prime Finance, Inc.^(c)
5.75%, 04/15/26	USD		978		920,239
6.25%, 01/15/28			1,862		1,588,978
Sotheby’s/Bidfair Holdings, Inc., 5.88%, 06/01/29^(c)			1,872		1,546,497
United Rentals North America, Inc., 5.25%, 01/15/30			496		448,895
Verisure Holding AB, 3.88%, 07/15/26^(a)	EUR		140		117,765
Williams Scotsman International, Inc., 4.63%, 08/15/28^(c)	USD		1,196		1,046,434


					19,108,055

Communications Equipment — 1.0%
Avaya, Inc., 6.13%, 09/15/28^(c)			2,743		1,364,642
Ciena Corp., 4.00%, 01/31/30^(c)			548		457,580
CommScope Technologies LLC, 6.00%, 06/15/25^(c)			2,572		2,285,093
CommScope, Inc.^(c)
6.00%, 03/01/26			614		565,322
8.25%, 03/01/27			115		95,019
7.13%, 07/01/28			1,152		889,240
4.75%, 09/01/29			1,804		1,471,451
Nokia OYJ, 4.38%, 06/12/27			439		395,649
Viasat, Inc.^(c)
5.63%, 09/15/25			1,109		860,928
5.63%, 04/15/27			837		696,359
6.50%, 07/15/28			1,011		672,315
Viavi Solutions, Inc., 3.75%, 10/01/29^(c)			1,821		1,456,946


					11,210,544

Construction Materials^(c)— 0.5%
American Builders & Contractors Supply Co., Inc.
4.00%, 01/15/28			341		298,300
3.88%, 11/15/29			299		234,211
BCPE Empire Holdings, Inc., 7.63%, 05/01/27			601		521,135
H&E Equipment Services, Inc., 3.88%, 12/15/28			358		281,030
IAA, Inc., 5.50%, 06/15/27			1,538		1,403,425
Picasso Finance Sub, Inc., 6.13%, 06/15/25			1,652		1,619,158
Thor Industries, Inc., 4.00%, 10/15/29			579		435,147
Winnebago Industries, Inc., 6.25%, 07/15/28			389		359,825


					5,152,231


Security		Par (000)		Value


Consumer Discretionary — 2.6%
APi Group DE, Inc.^(c)
4.13%, 07/15/29	USD		727	$	576,148
4.75%, 10/15/29			542		449,129
Carnival Corp.
10.13%, 02/01/26^(a)	EUR		201		194,035
10.50%, 02/01/26^(c)	USD		2,076		2,054,015
5.75%, 03/01/27^(c)			5,015		3,513,258
9.88%, 08/01/27^(c)			1,778		1,742,440
4.00%, 08/01/28^(c)			4,154		3,351,198
6.00%, 05/01/29^(c)			1,753		1,150,967
CoreLogic, Inc., 4.50%, 05/01/28^(c)			2,266		1,540,880
Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer, Inc., 5.00%, 02/01/26^(c)			561		480,401
Life Time, Inc.^(c)
5.75%, 01/15/26			1,307		1,189,370
8.00%, 04/15/26			1,019		871,245
NCL Corp. Ltd., 5.88%, 03/15/26^(c)			1,545		1,175,343
NCL Finance Ltd., 6.13%, 03/15/28^(c)			849		626,116
Nielsen Finance LLC/Nielsen Finance Co.^(c)
5.63%, 10/01/28			1,905		1,890,765
5.88%, 10/01/30			1,190		1,185,079
Royal Caribbean Cruises Ltd.^(c)
10.88%, 06/01/23			505		516,363
9.13%, 06/15/23			884		899,470
11.50%, 06/01/25			725		770,313
5.50%, 08/31/26			458		350,370
11.63%, 08/15/27			860		782,617
5.50%, 04/01/28			549		384,651
8.25%, 01/15/29^(k)			923		898,416
9.25%, 01/15/29^(k)			1,255		1,236,621
Techem Verwaltungsgesellschaft 674 mbH, 6.00%, 07/30/26^(a)	EUR		88		77,226
Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/29^(c)	USD		973		756,508


					28,662,944

Consumer Finance — 2.4%
American Express Co., (5 year CMT + 2.85%), 3.55%^(b)(i)			4,020		3,098,119
Encore Capital Group, Inc.^(a)
5.38%, 02/15/26	GBP		100		98,619
4.25%, 06/01/28			159		132,705
Ford Motor Credit Co. LLC, 4.54%, 03/06/25			100		99,652
HealthEquity, Inc., 4.50%, 10/01/29^(c)	USD		2,839		2,398,217
Iron Mountain U.K. PLC, 3.88%, 11/15/25^(a)	GBP		100		98,787
MPH Acquisition Holdings LLC, 5.50%, 09/01/28^(c).	USD		1,144		944,298
Navient Corp.
6.13%, 03/25/24			1,297		1,262,954
5.88%, 10/25/24			665		630,130
5.50%, 03/15/29			745		566,310
Nexi SpA, 0.00%, 02/24/28^(a)(l)	EUR		100		68,260
OneMain Finance Corp.
6.88%, 03/15/25	USD		585		549,812
7.13%, 03/15/26			1,766		1,591,876
3.50%, 01/15/27			1,027		800,005
6.63%, 01/15/28			720		617,760
5.38%, 11/15/29			102		79,050
4.00%, 09/15/30			446		312,963
Sabre Global, Inc.^(c)
9.25%, 04/15/25			1,250		1,196,762


Security		Par (000)		Value


Consumer Finance (continued)
Sabre Global, Inc.^(c)(continued)
7.38%, 09/01/25	USD		822	$	736,208
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 4.63%, 11/01/26^(c)			2,520		2,297,925
SLM Corp., 3.13%, 11/02/26			930		769,826
Verscend Escrow Corp., 9.75%, 08/15/26^(c)			9,470		9,138,550


					27,488,788

Containers & Packaging — 0.9%
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC^(c)
6.00%, 06/15/27			2,479		2,334,483
3.25%, 09/01/28			213		173,800
Clydesdale Acquisition Holdings, Inc.^(c)
6.63%, 04/15/29			2,755		2,506,885
8.75%, 04/15/30			1,713		1,416,702
Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/26			433		392,246
Crown Americas LLC/Crown Americas Capital Corp. VI, 4.75%, 02/01/26			439		408,880
Graphic Packaging International LLC
4.75%, 07/15/27^(c)			574		525,518
3.50%, 03/15/28^(c)			67		56,972
2.63%, 02/01/29^(a)	EUR		556		415,896
3.50%, 03/01/29^(c)	USD		156		128,328
Kleopatra Finco SARL, 4.25%, 03/01/26^(a)	EUR		100		78,642
LABL, Inc., 5.88%, 11/01/28^(c)	USD		1,415		1,146,008
Sealed Air Corp.^(c)
5.13%, 12/01/24			142		137,030
4.00%, 12/01/27			412		356,524


					10,077,914

Diversified Consumer Services — 2.4%
Allied Universal Holdco LLC/Allied Universal Finance Corp.^(c)
6.63%, 07/15/26			5,900		5,258,375
9.75%, 07/15/27			3,116		2,561,292
6.00%, 06/01/29			3,451		2,227,185
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL
4.63%, 06/01/28^(c)			6,945		5,302,442
4.88%, 06/01/28^(a)	GBP		100		81,229
Brink’s Co., 5.50%, 07/15/25^(c)	USD		281		265,967
Clarivate Science Holdings Corp.^(c)
3.88%, 07/01/28			3,594		2,964,331
4.88%, 07/01/29			2,498		1,955,934
Garda World Security Corp., 4.63%, 02/15/27^(c)			807		691,999
Graham Holdings Co., 5.75%, 06/01/26^(c)			705		683,632
Rekeep SpA, 7.25%, 02/01/26^(a)	EUR		100		85,754
Service Corp. International
5.13%, 06/01/29	USD		269		244,462
3.38%, 08/15/30			270		211,164
4.00%, 05/15/31			2,401		1,930,860
Sotheby’s, 7.38%, 10/15/27^(c)			2,888		2,652,599


					27,117,225

Diversified Financial Services — 1.3%
Acuris Finance U.S., Inc./Acuris Finance SARL, 5.00%, 05/01/28^(c)			2,432		2,030,720
Barclays PLC, 5.20%, 05/12/26			800		760,457


Security		Par (000)		Value

Diversified Financial Services (continued)
Central Garden & Pet Co.
4.13%, 10/15/30	USD		768	$	611,309
4.13%, 04/30/31^(c)			998		784,677
Deutsche Bank AG, (5 year EURIBOR ICE Swap Rate + 3.30%), 4.00%, 06/24/32^(a)(b)	EUR		100		83,093
Garfunkelux Holdco 3 SA^(a)
6.75%, 11/01/25			200		151,183
7.75%, 11/01/25	GBP		100		87,091
Global Aircraft Leasing Co. Ltd.^(c)(j) (6.50% Cash or 7.25% PIK), 6.50%, 09/15/24	USD		708		532,573
Series 2021, (6.50% Cash or 7.25% PIK), 6.50%, 09/15/24			1,563		1,175,905
Intrum AB^(a)
4.88%, 08/15/25	EUR		200		172,712
3.50%, 07/15/26			201		156,824
ION Trading Technologies SARL, 5.75%, 05/15/28^(c)	USD		1,268		1,033,420
Jefferies Finance LLC/JFIN Co.-Issuer Corp., 5.00%, 08/15/28^(c)			1,779		1,312,012
JPMorgan Chase & Co., (1 day SOFR + 2.58%), 5.72%, 09/14/33^(b)			943		891,743
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.^(c)
4.25%, 02/01/27			780		628,062
4.75%, 06/15/29			370		277,000
Lincoln Financing SARL, 3.63%, 04/01/24^(a)	EUR		100		94,477
OWL Rock Core Income Corp.
5.50%, 03/21/25	USD		873		821,323
7.75%, 09/16/27^(c)			977		962,164
Spectrum Brands, Inc.^(c)
5.00%, 10/01/29			424		337,288
5.50%, 07/15/30			292		228,324
UBS Group AG, (5 year CMT + 3.31%), 4.38%^(b)(c)(i)			950		624,150
UniCredit SpA, (5 year EUR Swap + 2.80%), 2.73%, 01/15/32^(a)(b)	EUR		200		155,896
VistaJet Malta Finance PLC/XO Management Holding, Inc., 6.38%, 02/01/30^(c)	USD		862		704,685


					14,617,088

Diversified Telecommunication Services — 4.1%
Consolidated Communications, Inc., 6.50%, 10/01/28^(c)			2,164		1,617,590
Frontier Communications Holdings LLC, 8.75%, 05/15/30^(c)			1,470		1,470,941
Level 3 Financing, Inc.^(c)
3.40%, 03/01/27			446		373,525
4.63%, 09/15/27			601		497,376
4.25%, 07/01/28			1,395		1,088,114
3.63%, 01/15/29			826		611,562
3.75%, 07/15/29			948		694,410
Lumen Technologies, Inc.
5.13%, 12/15/26^(c)			1,660		1,428,281
4.00%, 02/15/27^(c)			2,797		2,348,862
4.50%, 01/15/29^(c)			2,133		1,498,433
5.38%, 06/15/29^(c)			2,647		1,967,154
Series U, 7.65%, 03/15/42			506		342,439
Series W, 6.75%, 12/01/23			1,228		1,251,996
Series Y, 7.50%, 04/01/24			646		665,380
SoftBank Group Corp.^(a)
2.13%, 07/06/24	EUR		149		133,980


Security		Par (000)		Value

Diversified Telecommunication Services (continued)
SoftBank Group Corp.^(a)(continued)
4.75%, 07/30/25	EUR		269	$	238,849
3.13%, 09/19/25			207		173,743
2.88%, 01/06/27			118		88,224
5.00%, 04/15/28			100		77,179
Sprint Capital Corp.
6.88%, 11/15/28	USD		4,617		4,743,968
8.75%, 03/15/32			6,823		7,906,151
Switch Ltd.^(c)
3.75%, 09/15/28			1,853		1,841,419
4.13%, 06/15/29			3,064		3,034,696
Telecom Italia Capital SA
6.38%, 11/15/33			1,521		1,182,471
6.00%, 09/30/34			2,322		1,730,401
7.20%, 07/18/36			266		208,459
7.72%, 06/04/38			251		200,255
Telecom Italia Finance SA, 7.75%, 01/24/33	EUR		83		83,784
Telecom Italia SpA
5.30%, 05/30/24^(c)	USD		322		304,029
2.75%, 04/15/25^(a)	EUR		239		215,484
3.00%, 09/30/25^(a)			100		89,552
1.63%, 01/18/29^(a)			410		283,308
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 4.75%, 04/15/28^(c)	USD		869		686,484
Zayo Group Holdings, Inc.^(c)
4.00%, 03/01/27			2,505		2,010,137
6.13%, 03/01/28			7,530		5,282,874


					46,371,510

Electric Utilities — 0.7%
Edison International, Series A, (5 year CMT + 4.70%), 5.38%^(b)(i)			2,200		1,809,500
FirstEnergy Corp.
2.65%, 03/01/30			543		438,472
Series B, 2.25%, 09/01/30			117		90,012
Series C, 3.40%, 03/01/50			3,987		2,611,485
FirstEnergy Transmission LLC^(c)
5.45%, 07/15/44			2,074		1,875,624
4.55%, 04/01/49			814		635,801
NextEra Energy Operating Partners LP, 4.25%, 07/15/24^(c)			337		322,720


					7,783,614

Electrical Equipment^(c)— 0.2%
Gates Global LLC/Gates Corp., 6.25%, 01/15/26			2,205		2,028,600
GrafTech Finance, Inc., 4.63%, 12/15/28			717		535,958


					2,564,558

Electronic Equipment, Instruments & Components — 0.7%
BWX Technologies, Inc.^(c)
4.13%, 06/30/28			1,415		1,235,833
4.13%, 04/15/29			1,267		1,095,993
CDW LLC/CDW Finance Corp.
3.28%, 12/01/28			268		223,651
3.25%, 02/15/29			352		285,854
Energizer Holdings, Inc.^(c)
4.75%, 06/15/28			388		307,409
4.38%, 03/31/29			96		71,211
Imola Merger Corp., 4.75%, 05/15/29^(c)			2,760		2,328,474


Security		Par (000)		Value

Electronic Equipment, Instruments & Components (continued)
Vertiv Group Corp., 4.13%, 11/15/28^(c)	USD		3,379	$	2,720,095
Xerox Corp., 4.80%, 03/01/35			14		9,123


					8,277,643

Energy Equipment & Services — 0.8%
Archrock Partners LP/Archrock Partners Finance Corp.^(c)
6.88%, 04/01/27			799		715,569
6.25%, 04/01/28			2,389		2,099,919
Nabors Industries, Inc., 5.75%, 02/01/25			1,041		942,419
Saipem Finance International BV^(a)
2.63%, 01/07/25	EUR		100		84,341
3.38%, 07/15/26			100		76,450
USA Compression Partners LP/USA Compression Finance Corp.
6.88%, 04/01/26	USD		1,942		1,786,640
6.88%, 09/01/27			1,063		966,081
Vallourec SA, 8.50%, 06/30/26^(a)	EUR		125		114,220
Weatherford International Ltd.^(c)
11.00%, 12/01/24	USD		63		64,102
6.50%, 09/15/28			673		605,700
8.63%, 04/30/30			1,439		1,253,144


					8,708,585

Entertainment — 0.3%
AMC Entertainment Holdings, Inc., 7.50%, 02/15/29^(c)			962		743,145
Lindblad Expeditions LLC, 6.75%, 02/15/27^(c)			1,551		1,364,880
Motion Bondco DAC, 6.63%, 11/15/27^(c)			450		380,813
NCL Corp. Ltd., 7.75%, 02/15/29^(c)			575		433,952
Netflix, Inc., 4.63%, 05/15/29	EUR		100		91,416


					3,014,206

Environmental, Maintenance & Security Service — 1.1%
Clean Harbors, Inc.^(c)
4.88%, 07/15/27	USD		678		618,031
5.13%, 07/15/29			909		836,898
Covanta Holding Corp.
4.88%, 12/01/29^(c)			210		169,735
5.00%, 09/01/30			782		612,893
GFL Environmental, Inc.^(c)
4.25%, 06/01/25			487		456,718
3.75%, 08/01/25			427		390,705
5.13%, 12/15/26			1,283		1,194,787
4.00%, 08/01/28			2,291		1,909,503
3.50%, 09/01/28			408		344,070
4.75%, 06/15/29			1,067		898,947
4.38%, 08/15/29			1,618		1,349,056
Stericycle, Inc., 3.88%, 01/15/29^(c)			768		636,000
Tervita Corp., 11.00%, 12/01/25^(c)			415		447,163
Waste Pro USA, Inc., 5.50%, 02/15/26^(c)			3,327		2,922,869


					12,787,375

Equity Real Estate Investment Trusts (REITs) — 1.1%
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC, 4.50%, 04/01/27^(c)			962		788,772
CTR Partnership LP/CareTrust Capital Corp., 3.88%, 06/30/28^(c)			279		229,478
Global Net Lease, Inc./Global Net Lease Operating Partnership LP, 3.75%, 12/15/27^(c)			774		603,735


Security		Par (000)		Value

Equity Real Estate Investment Trusts (REITs) (continued)
HAT Holdings I LLC/HAT Holdings II LLC, 3.38%, 06/15/26^(c)	USD		1,021	$	819,352
Iron Mountain, Inc.^(c)
5.25%, 07/15/30			694		574,264
5.63%, 07/15/32			697		557,600
MPT Operating Partnership LP/MPT Finance Corp.
5.00%, 10/15/27			187		161,615
4.63%, 08/01/29			2,863		2,303,484
3.50%, 03/15/31			4,369		3,041,916
RHP Hotel Properties LP/RHP Finance Corp.
4.75%, 10/15/27			2,024		1,760,880
4.50%, 02/15/29^(c)			997		827,232
RLJ Lodging Trust LP^(c)
3.75%, 07/01/26			690		589,301
4.00%, 09/15/29			530		415,187
VICI Properties LP/VICI Note Co., Inc., 3.88%, 02/15/29^(c)			241		202,176


					12,874,992

Food & Staples Retailing — 2.0%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC^(c)
3.25%, 03/15/26			1,678		1,473,849
4.63%, 01/15/27			1,668		1,490,894
5.88%, 02/15/28			1,440		1,328,400
4.88%, 02/15/30			635		537,216
Bellis Acquisition Co. PLC, 4.50%, 02/16/26^(a)	GBP		225		192,911
Casino Guichard Perrachon SA, 5.25%, 04/15/27^(a)	EUR		117		55,326
Darling Ingredients, Inc., 6.00%, 06/15/30^(c)	USD		2,203		2,096,573
Iceland Bondco PLC, 4.63%, 03/15/25^(a)	GBP		146		122,262
Kraft Heinz Foods Co.
6.50%, 02/09/40	USD		980		984,791
4.88%, 10/01/49			2,035		1,677,217
5.50%, 06/01/50			4,607		4,144,360
Lamb Weston Holdings, Inc.^(c)
4.88%, 05/15/28			1,006		912,573
4.13%, 01/31/30			1,483		1,254,974
4.38%, 01/31/32			1,481		1,223,676
Ocado Group PLC, 3.88%, 10/08/26^(a)	GBP		120		97,732
Performance Food Group, Inc., 4.25%, 08/01/29^(c)	USD		1,890		1,573,614
Picard Groupe SAS, 3.88%, 07/01/26^(a)	EUR		112		91,654
Post Holdings, Inc.^(c)
5.75%, 03/01/27	USD		2		1,908
5.63%, 01/15/28			104		94,923
5.50%, 12/15/29			243		210,074
4.50%, 09/15/31			194		156,170
Premier Foods Finance PLC, 3.50%, 10/15/26^(a)	GBP		100		88,766
U.S. Foods, Inc.^(c)
6.25%, 04/15/25	USD		841		826,114
4.75%, 02/15/29			1,687		1,444,072
4.63%, 06/01/30			149		123,298
United Natural Foods, Inc., 6.75%, 10/15/28^(c)			268		245,113


					22,448,460

Food Products — 1.0%
Aramark International Finance SARL, 3.13%, 04/01/25^(a)	EUR		200		179,741
Aramark Services, Inc.(c)
5.00%, 04/01/25	USD		14		13,371


Security		Par (000)		Value

Food Products (continued)
Aramark Services, Inc.^(c)(continued)
6.38%, 05/01/25	USD		1,513	$	1,482,740
5.00%, 02/01/28			1,469		1,308,453
Chobani LLC/Chobani Finance Corp., Inc.^(c)
7.50%, 04/15/25			3,915		3,581,520
4.63%, 11/15/28			2,045		1,739,354
Darling Global Finance BV, 3.63%, 05/15/26^(a)	EUR		200		184,250
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., 3.75%, 12/01/31^(c)	USD		1,672		1,338,503
Pilgrim’s Pride Corp., 3.50%, 03/01/32^(c)			990		746,331
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed, 4.63%, 03/01/29^(c)			1,392		1,137,960


					11,712,223

Gas Utilities — 0.1%
DCP Midstream Operating LP, 5.63%, 07/15/27			92		88,860
Rockies Express Pipeline LLC, 4.95%, 07/15/29^(c)			452		387,723
Suburban Propane Partners LP/Suburban Energy Finance Corp., 5.00%, 06/01/31^(c)			537		440,770


					917,353

Health Care Equipment & Supplies^(c)— 0.5%
Avantor Funding, Inc.
4.63%, 07/15/28			4,615		4,107,096
3.88%, 11/01/29			922		748,849
Embecta Corp., 6.75%, 02/15/30			782		721,953
Hologic, Inc., 3.25%, 02/15/29			316		258,421


					5,836,319

Health Care Providers & Services — 4.5%
180 Medical, Inc., 3.88%, 10/15/29^(c)			354		293,278
Acadia Healthcare Co., Inc.^(c)
5.50%, 07/01/28			604		551,171
5.00%, 04/15/29			273		241,772
AdaptHealth LLC^(c)
6.13%, 08/01/28			372		333,201
5.13%, 03/01/30			146		120,381
AHP Health Partners, Inc., 5.75%, 07/15/29^(c)			1,951		1,512,025
Cano Health LLC, 6.25%, 10/01/28^(c)			773		730,184
Centene Corp.
2.45%, 07/15/28			3,159		2,572,121
4.63%, 12/15/29			758		681,139
3.00%, 10/15/30			4,521		3,580,361
2.50%, 03/01/31			5,181		3,905,343
2.63%, 08/01/31			1,906		1,436,501
CHS/Community Health Systems, Inc.^(c)
8.00%, 03/15/26			167		144,586
5.63%, 03/15/27			1,189		915,173
6.00%, 01/15/29			2,899		2,130,726
5.25%, 05/15/30			594		413,572
Encompass Health Corp.
4.50%, 02/01/28			116		99,353
4.75%, 02/01/30			2,223		1,828,808
4.63%, 04/01/31			1,035		817,917
HCA, Inc., 4.63%, 03/15/52^(c)			1,545		1,160,454
Legacy LifePoint Health LLC^(c)
6.75%, 04/15/25			1,050		993,526
4.38%, 02/15/27			420		347,059
LifePoint Health, Inc., 5.38%, 01/15/29^(c)			887		618,422
Medline Borrower LP^(c)
3.88%, 04/01/29			559		448,145


Security		Par (000)		Value

Health Care Providers & Services (continued)
Medline Borrower LP^(c)(continued)
5.25%, 10/01/29	USD		6,888	$	5,200,440
ModivCare, Inc., 5.88%, 11/15/25^(c)			333		307,330
Molina Healthcare, Inc.^(c)
4.38%, 06/15/28			1,756		1,584,790
3.88%, 11/15/30			1,259		1,056,641
3.88%, 05/15/32			1,191		975,580
Owens & Minor, Inc., 6.63%, 04/01/30^(c)			45		39,600
Prime Healthcare Services, Inc., 7.25%, 11/01/25^(c)			2,232		1,992,172
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/01/26^(c)			366		327,497
Surgery Center Holdings, Inc.^(c)
6.75%, 07/01/25			1,992		1,840,907
10.00%, 04/15/27			3,318		3,226,722
Teleflex, Inc., 4.63%, 11/15/27			294		264,869
Tenet Healthcare Corp.
4.63%, 07/15/24			567		548,278
4.63%, 09/01/24^(c)			1,234		1,194,315
4.88%, 01/01/26^(c)			2,046		1,901,286
6.25%, 02/01/27^(c)			679		633,609
5.13%, 11/01/27^(c)			677		607,464
4.63%, 06/15/28^(c)			465		406,394
6.13%, 10/01/28^(c)			596		522,149
4.25%, 06/01/29^(c)			92		76,199
6.13%, 06/15/30^(c)			1,729		1,583,764


					50,165,224

Health Care Technology^(c)— 1.7%
AthenaHealth Group, Inc., 6.50%, 02/15/30			5,124		4,050,881
Catalent Pharma Solutions, Inc.
5.00%, 07/15/27			625		557,488
3.13%, 02/15/29			931		718,034
3.50%, 04/01/30			1,833		1,442,058
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25			5,609		5,575,037
Charles River Laboratories International, Inc.
4.25%, 05/01/28			1,108		964,924
3.75%, 03/15/29			145		120,612
4.00%, 03/15/31			420		338,698
IQVIA, Inc.
5.00%, 10/15/26			1,504		1,433,098
5.00%, 05/15/27			1,011		942,757
Syneos Health, Inc., 3.63%, 01/15/29			3,306		2,632,502


					18,776,089

Hotels, Restaurants & Leisure — 5.4%
1011778 BC ULC/New Red Finance, Inc.^(c)
5.75%, 04/15/25			648		642,008
3.88%, 01/15/28			969		843,233
4.38%, 01/15/28			1,581		1,369,936
4.00%, 10/15/30			712		560,757
Accor SA, 0.70%, 12/07/27^(a)	EUR		158		58,364
Boyd Gaming Corp.
4.75%, 12/01/27	USD		931		823,944
4.75%, 06/15/31^(c)			1,960		1,587,012
Boyne USA, Inc., 4.75%, 05/15/29^(c)			1,752		1,467,711
Caesars Entertainment, Inc.^(c)
6.25%, 07/01/25			6,083		5,862,491
8.13%, 07/01/27			6,466		6,175,580
4.63%, 10/15/29			3,366		2,571,902


Security		Par (000)		Value

Hotels, Restaurants & Leisure (continued)
Caesars Resort Collection LLC/CRC Finco, Inc., 5.75%, 07/01/25^(c)	USD		1,522	$	1,468,578
Carnival Corp., 7.63%, 03/01/26^(c)			395		300,200
CCM Merger, Inc., 6.38%, 05/01/26^(c)			915		834,983
CDI Escrow Issuer, Inc., 5.75%, 04/01/30^(c)			3,368		2,941,325
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op
5.50%, 05/01/25^(c)			2,704		2,601,059
6.50%, 10/01/28			293		271,025
Churchill Downs, Inc.^(c)
5.50%, 04/01/27			3,251		3,008,280
4.75%, 01/15/28			1,326		1,147,092
Cirsa Finance International SARL, 4.75%, 05/22/25^(a)	EUR		147		128,220
Codere Finance 2 Luxembourg SA^(a)(j)
(2% Cash or 10.75% PIK), 12.75%, 11/30/27			56		47,330
(8.00% Cash or 3.00% PIK), 11.00%, 09/30/26			130		120,081
CPUK Finance Ltd., 4.50%, 08/28/27^(a)	GBP		100		93,156
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.^(c)
4.63%, 01/15/29	USD		236		195,290
6.75%, 01/15/30			318		241,510
Gamma Bidco SpA, 6.25%, 07/15/25^(a)	EUR		249		223,153
Hilton Domestic Operating Co., Inc.
5.38%, 05/01/25^(c)	USD		772		754,516
5.75%, 05/01/28^(c)			682		637,670
3.75%, 05/01/29^(c)			544		449,224
4.88%, 01/15/30			1,457		1,267,590
4.00%, 05/01/31^(c)			723		584,423
3.63%, 02/15/32^(c)			484		370,695
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27			240		220,200
IRB Holding Corp., 7.00%, 06/15/25^(c)			794		788,974
Merlin Entertainments Ltd., 5.75%, 06/15/26^(c)			786		731,644
MGM Resorts International
6.00%, 03/15/23			1,243		1,243,373
5.75%, 06/15/25			322		307,726
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp., 4.88%, 05/01/29^(c)			1,247		1,027,247
Peninsula Pacific Entertainment LLC/Peninsula Pacific Entertainment Finance, Inc., 8.50%, 11/15/27^(c)			1,332		1,433,565
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.^(c)
5.63%, 09/01/29			576		398,730
5.88%, 09/01/31			636		429,300
Raptor Acquisition Corp./Raptor Co.-Issuer LLC, 4.88%, 11/01/26^(c)			973		836,805
Royal Caribbean Cruises Ltd., 5.38%, 07/15/27^(c)			1,330		978,268
Scientific Games International, Inc.^(c)
8.63%, 07/01/25			1,054		1,079,075
7.00%, 05/15/28			706		665,652
7.25%, 11/15/29			241		224,301
Six Flags Theme Parks, Inc., 7.00%, 07/01/25^(c)			1,518		1,517,361
Station Casinos LLC^(c)
4.50%, 02/15/28			1,147		941,419
4.63%, 12/01/31			1,433		1,082,324
Vail Resorts, Inc., 6.25%, 05/15/25^(c)			811		799,987


Security		Par (000)		Value

Hotels, Restaurants & Leisure (continued)
Wyndham Hotels & Resorts, Inc., 4.38%, 08/15/28^(c)	USD		811	$	712,889
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 05/15/27^(c)			1,353		1,190,911
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.^(c)
7.75%, 04/15/25			1,164		1,137,009
5.13%, 10/01/29			2,617		2,115,059
Yum! Brands, Inc.
4.75%, 01/15/30^(c)			167		145,943
5.38%, 04/01/32			723		641,040
5.35%, 11/01/43			30		23,822


					60,320,962

Household Durables — 1.3%
Ashton Woods USA LLC/Ashton Woods Finance Co.^(c)
6.63%, 01/15/28			406		340,247
4.63%, 08/01/29			547		397,151
4.63%, 04/01/30			636		455,471
Brookfield Residential Properties, Inc./Brookfield Residential U.S. LLC^(c)
5.00%, 06/15/29			1,154		854,272
4.88%, 02/15/30			1,693		1,253,269
CD&R Smokey Buyer, Inc., 6.75%, 07/15/25^(c)			1,328		1,203,726
Installed Building Products, Inc., 5.75%, 02/01/28^(c)			723		647,048
K Hovnanian Enterprises, Inc.^(c)
10.00%, 11/15/25			359		376,950
7.75%, 02/15/26			1,893		1,817,280
KB Home, 7.25%, 07/15/30			328		297,660
Mattamy Group Corp.^(c)
5.25%, 12/15/27			830		687,968
4.63%, 03/01/30			679		518,549
Meritage Homes Corp., 5.13%, 06/06/27			286		253,461
NCR Corp.^(c)
5.75%, 09/01/27			234		212,002
5.00%, 10/01/28			563		442,956
5.13%, 04/15/29			739		554,265
6.13%, 09/01/29			815		701,728
SWF Escrow Issuer Corp., 6.50%, 10/01/29^(c)			1,738		1,029,765
Taylor Morrison Communities, Inc.^(c)
5.88%, 06/15/27			1,377		1,282,331
5.13%, 08/01/30			336		271,221
Tempur Sealy International, Inc.^(c)
4.00%, 04/15/29			1,291		1,017,339
3.88%, 10/15/31			218		159,685
Tri Pointe Homes, Inc., 5.70%, 06/15/28			291		247,541


					15,021,885

Household Products — 0.0%
Energizer Holdings, Inc., 6.50%, 12/31/27^(c)			610		541,491


Independent Power and Renewable Electricity Producers — 0.7%
Calpine Corp.^(c)
5.25%, 06/01/26			136		128,200
4.50%, 02/15/28			112		98,671
5.13%, 03/15/28			2,597		2,230,476
4.63%, 02/01/29			342		278,682
5.00%, 02/01/31			311		247,107
3.75%, 03/01/31			15		11,738


Security		Par (000)		Value

Independent Power and Renewable Electricity Producers (continued)
Clearway Energy Operating LLC^(c)
4.75%, 03/15/28	USD		823	$	732,800
3.75%, 01/15/32			1,395		1,081,446
Cullinan Holdco Scsp, 4.63%, 10/15/26^(a)	EUR		100		82,138
NRG Energy, Inc.
5.75%, 01/15/28	USD		248		228,875
5.25%, 06/15/29^(c)			297		259,875
3.63%, 02/15/31^(c)			1,497		1,167,660
3.88%, 02/15/32^(c)			314		244,934
TerraForm Power Operating LLC, 4.75%, 01/15/30^(c)			1,053		893,765


					7,686,367

Industrial Conglomerates — 0.0%
Resideo Funding, Inc., 4.00%, 09/01/29^(c)			290		233,734


Insurance — 2.7%
Acrisure LLC/Acrisure Finance, Inc., 6.00%, 08/01/29^(c)			1,205		927,850
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer^(c)
4.25%, 10/15/27			6,469		5,525,676
6.75%, 10/15/27			8,981		7,739,727
5.88%, 11/01/29			6,477		5,260,760
AmWINS Group, Inc., 4.88%, 06/30/29^(c)			1,494		1,240,113
Ardonagh Midco 2 PLC, (11.50% Cash or 12.75% PIK), 11.50%, 01/15/27^(c)(j)			484		491,427
Galaxy Bidco Ltd., 6.50%, 07/31/26^(a)	GBP		100		90,999
GTCR AP Finance, Inc., 8.00%, 05/15/27^(c)	USD		1,723		1,585,064
HUB International Ltd., 7.00%, 05/01/26^(c)			6,921		6,563,980
Liberty Mutual Group, Inc., (5 year EUR Swap + 3.70%), 3.63%, 05/23/59^(a)(b)	EUR		100		83,312
NFP Corp., 7.50%, 10/01/30^(c)	USD		514		487,736
Ryan Specialty Group LLC, 4.38%, 02/01/30^(c)			711		603,026


					30,599,670

Interactive Media & Services — 0.7%
Arches Buyer, Inc., 4.25%, 06/01/28^(c)			562		438,360
Cablevision Lightpath LLC^(c)
3.88%, 09/15/27			866		724,389
5.63%, 09/15/28			1,201		960,800
Iliad SA, 2.38%, 06/17/26^(a)	EUR		100		86,303
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.^(c)
4.75%, 04/30/27	USD		1,783		1,551,210
6.00%, 02/15/28			1,115		864,301
10.75%, 06/01/28			485		451,720
Twitter, Inc.^(c)
3.88%, 12/15/27			1,922		1,802,308
5.00%, 03/01/30			660		632,484
United Group BV^(a)
4.88%, 07/01/24	EUR		199		181,136
4.00%, 11/15/27			324		223,617


					7,916,628

Internet Software & Services — 1.7%
ANGI Group LLC, 3.88%, 08/15/28^(c)	USD		1,361		959,937
Endurance International Group Holdings, Inc., 6.00%, 02/15/29^(c)			614		407,603
Go Daddy Operating Co. LLC/GD Finance Co., Inc.^(c)
5.25%, 12/01/27			1,113		1,025,096


Security		Par (000)		Value

Internet Software & Services (continued)
Go Daddy Operating Co. LLC/GD Finance Co., Inc.^(c)(continued)
3.50%, 03/01/29	USD		998	$	816,244
Match Group Holdings II LLC^(c)
4.63%, 06/01/28			813		710,359
5.63%, 02/15/29			318		289,550
4.13%, 08/01/30			181		148,646
3.63%, 10/01/31			1,051		793,505
NortonLifeLock, Inc., 7.13%, 09/30/30^(c)			1,118		1,081,341
Uber Technologies, Inc.
7.50%, 05/15/25^(c)			2,820		2,812,950
0.00%, 12/15/25^(l)			1,757		1,458,148
8.00%, 11/01/26^(c)			1,878		1,875,033
7.50%, 09/15/27^(c)			2,655		2,601,900
6.25%, 01/15/28^(c)			1,356		1,261,080
4.50%, 08/15/29^(c)			2,888		2,427,725


					18,669,117

IT Services — 2.9%
Ahead DB Holdings LLC, 6.63%, 05/01/28^(c)			886		755,212
Block, Inc., 3.50%, 06/01/31			6,684		5,182,205
Booz Allen Hamilton, Inc.^(c)
3.88%, 09/01/28			1,374		1,182,001
4.00%, 07/01/29			2,334		1,996,880
CA Magnum Holdings, 5.38%, 10/31/26^(c)			2,652		2,214,420
Camelot Finance SA, 4.50%, 11/01/26^(c)			2,737		2,476,465
Condor Merger Sub, Inc., 7.38%, 02/15/30^(c)			3,136		2,563,884
Dun & Bradstreet Corp., 5.00%, 12/15/29^(c)			2,251		1,857,075
Fair Isaac Corp., 4.00%, 06/15/28^(c)			1,959		1,669,225
Gartner, Inc.^(c)
4.50%, 07/01/28			1,479		1,322,522
3.63%, 06/15/29			855		711,787
3.75%, 10/01/30			197		161,273
Global Payments, Inc.
4.95%, 08/15/27			385		366,805
5.40%, 08/15/32			1,523		1,413,300
5.95%, 08/15/52			1,942		1,710,974
KBR, Inc., 4.75%, 09/30/28^(c)			1,050		902,030
La Financiere Atalian SASU, 5.13%, 05/15/25^(a)	EUR		100		92,982
Science Applications International Corp., 4.88%, 04/01/28^(c)	USD		1,024		911,007
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 5.75%, 06/01/25^(c)			816		795,145
Twilio, Inc., 3.88%, 03/15/31			1,829		1,435,714
ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/29^(c)			3,017		2,461,691


					32,182,597

Leisure Products — 0.3%
Mattel, Inc.
3.75%, 04/01/29^(c)			407		342,203
6.20%, 10/01/40			1,016		956,354
5.45%, 11/01/41			1,827		1,530,637


					2,829,194

Life Sciences Tools & Services^(a)— 0.0%
Avantor Funding, Inc., 3.88%, 07/15/28	EUR		100		84,303
IQVIA, Inc.
1.75%, 03/15/26			330		280,014
2.25%, 03/15/29			100		74,751


					439,068


Security		Par (000)		Value

Machinery — 1.3%
ATS Automation Tooling Systems, Inc., 4.13%, 12/15/28^(c)	USD		553	$	458,523
Husky III Holding Ltd., (13.00% Cash or 13.75% PIK), 13.00%, 02/15/25^(c)(j)			1,662		1,558,125
Madison IAQ LLC, 5.88%, 06/30/29^(c)			1,608		1,120,068
Mueller Water Products, Inc., 4.00%, 06/15/29^(c)			565		480,821
Novafives SAS, 5.00%, 06/15/25^(a)	EUR		100		61,477
OT Merger Corp., 7.88%, 10/15/29^(c)	USD		621		420,727
Renk AG/Frankfurt am Main, 5.75%, 07/15/25^(a)	EUR		129		115,537
Schenck Process Holding GmbH/Darmstadt, 5.38%, 06/15/23^(a)			100		95,432
Stevens Holding Co., Inc., 6.13%, 10/01/26^(c)	USD		813		794,545
Terex Corp., 5.00%, 05/15/29^(c)			1,766		1,515,645
Titan Acquisition Ltd./Titan Co.-Borrower LLC, 7.75%, 04/15/26^(c)			3,261		2,577,597
TK Elevator Holdco GmbH
6.63%, 07/15/28^(a)	EUR		90		69,241
7.63%, 07/15/28^(c)	USD		1,284		1,075,350
TK Elevator Midco GmbH, 4.38%, 07/15/27^(a)	EUR		568		466,210
TK Elevator U.S. Newco, Inc., 5.25%, 07/15/27^(c)	USD		4,038		3,433,148


					14,242,446

Media — 13.0%
Altice Financing SA
5.00%, 01/15/28^(c)			1,693		1,304,084
4.25%, 08/15/29^(a)	EUR		101		76,474
5.75%, 08/15/29^(c)	USD		3,501		2,679,035
Altice France Holding SA^(c)
8.00%, 05/15/27	EUR		100		74,096
10.50%, 05/15/27	USD		7,363		5,767,110
AMC Networks, Inc.
4.75%, 08/01/25			1,216		1,086,535
4.25%, 02/15/29			684		505,723
Block Communications, Inc., 4.88%, 03/01/28^(c)			791		684,215
Cable One, Inc.
1.13%, 03/15/28			1,164		838,080
4.00%, 11/15/30^(c)			1,300		1,011,933
CCO Holdings LLC/CCO Holdings Capital Corp.
5.13%, 05/01/27^(c)			621		560,453
5.00%, 02/01/28^(c)			211		181,937
5.38%, 06/01/29^(c)			2,119		1,854,803
6.38%, 09/01/29^(c)			3,599		3,304,242
4.75%, 03/01/30^(c)			2,118		1,718,227
4.50%, 08/15/30^(c)			1,597		1,262,971
4.25%, 02/01/31^(c)			1,994		1,529,478
4.75%, 02/01/32^(c)			3,391		2,640,843
4.50%, 05/01/32			1,498		1,142,480
4.50%, 06/01/33^(c)			1,587		1,172,428
4.25%, 01/15/34^(c)			5,012		3,587,489
Charter Communications Operating LLC/Charter Communications Operating Capital
5.25%, 04/01/53			1,849		1,415,882
5.50%, 04/01/63			1,227		927,008
Clear Channel International BV, 6.63%, 08/01/25^(c)			1,965		1,825,895
Clear Channel Outdoor Holdings, Inc.^(c)
5.13%, 08/15/27			5,413		4,572,562
7.75%, 04/15/28			4,423		3,339,365
7.50%, 06/01/29			4,136		2,998,600
CMG Media Corp., 8.88%, 12/15/27^(c)			3,833		2,928,278


Security		Par (000)		Value

Media (continued)
Connect Finco SARL/Connect U.S. Finco LLC, 6.75%, 10/01/26^(c)	USD		7,495	$	6,554,769
CSC Holdings LLC
5.25%, 06/01/24			859		794,575
5.75%, 01/15/30^(c)			1,198		851,496
4.13%, 12/01/30^(c)			2,781		2,077,963
4.63%, 12/01/30^(c)			1,430		972,400
3.38%, 02/15/31^(c)			1,353		953,865
4.50%, 11/15/31^(c)			2,998		2,252,038
Directv Financing LLC/Directv Financing Co.-
Obligor, Inc., 5.88%, 08/15/27^(c)			2,469		2,128,550
DISH DBS Corp.
5.25%, 12/01/26^(c)			4,423		3,623,529
5.75%, 12/01/28^(c)			4,158		3,142,367
5.13%, 06/01/29			2,490		1,462,875
Frontier Communications Holdings LLC^(c)
5.88%, 10/15/27			1,384		1,240,382
5.00%, 05/01/28			2,386		2,047,665
6.75%, 05/01/29			2,102		1,734,150
6.00%, 01/15/30			1,437		1,128,943
GCI LLC, 4.75%, 10/15/28^(c)			874		725,643
Iliad Holding SASU^(c)
6.50%, 10/15/26			3,036		2,654,678
7.00%, 10/15/28			1,741		1,491,550
Kaixo Bondco Telecom SA, 5.13%, 09/30/29^(a)	EUR		131		100,341
Lamar Media Corp., 3.75%, 02/15/28	USD		148		129,280
LCPR Senior Secured Financing DAC^(c)
6.75%, 10/15/27			1,657		1,375,310
5.13%, 07/15/29			1,939		1,460,197
Liberty Broadband Corp.^(c)
1.25%, 09/30/50			2,444		2,309,580
2.75%, 09/30/50			4,421		4,238,519
Ligado Networks LLC, (15.50% PIK), 15.50%, 11/01/23^(c)(j)			1,051		409,240
Lions Gate Capital Holdings LLC, 5.50%, 04/15/29^(c)			3,863		2,877,935
Live Nation Entertainment, Inc.^(c)
4.88%, 11/01/24			134		129,625
6.50%, 05/15/27			5,218		5,021,020
4.75%, 10/15/27			1,381		1,198,963
3.75%, 01/15/28			1,342		1,137,345
Lorca Telecom Bondco SA, 4.00%, 09/18/27^(a)	EUR		151		128,533
Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27^(c)	USD		972		866,009
Outfront Media Capital LLC/Outfront Media Capital Corp.^(c)
5.00%, 08/15/27			2,214		1,934,040
4.25%, 01/15/29			698		548,279
Radiate Holdco LLC/Radiate Finance, Inc.^(c)
4.50%, 09/15/26			2,818		2,311,408
6.50%, 09/15/28			6,229		4,344,727
Sable International Finance Ltd., 5.75%, 09/07/27^(c)			539		470,951
Scripps Escrow II, Inc., 3.88%, 01/15/29^(c)			87		69,356
SES SA, (5 year EUR Swap + 5.40%), 5.63%^(a)(b)(i)	EUR		100		93,967
Sinclair Television Group, Inc., 4.13%, 12/01/30^(c)	USD		2,814		2,117,535
Sirius XM Radio, Inc.^(c)
3.13%, 09/01/26			2,692		2,364,182
5.00%, 08/01/27			847		777,122
4.00%, 07/15/28			927		788,488


Security		Par (000)		Value

Media (continued)
Sirius XM Radio, Inc.^(c)(continued)
5.50%, 07/01/29	USD		88	$	79,154
4.13%, 07/01/30			257		208,900
3.88%, 09/01/31			1,628		1,262,416
Stagwell Global LLC, 5.63%, 08/15/29^(c)			553		454,881
Summer BC Holdco A SARL, 9.25%, 10/31/27^(a)	EUR		180		140,498
Summer BC Holdco B SARL, 5.75%, 10/31/26^(a)			100		83,324
Summer BidCo BV, (9.00% Cash or 9.75% PIK), 9.00%, 11/15/25^(a)(j)			158		114,046
Tele Columbus AG, 3.88%, 05/02/25^(a)			185		146,209
Telenet Finance Luxembourg Notes SARL, 5.50%, 03/01/28^(c)	USD		2,000		1,734,540
Univision Communications, Inc.^(c)
5.13%, 02/15/25			800		759,496
6.63%, 06/01/27			1,018		960,699
7.38%, 06/30/30			1,033		985,787
UPC Broadband Finco BV, 4.88%, 07/15/31^(c)			2,494		1,935,419
Videotron Ltd., 3.63%, 06/15/29^(c)			1,518		1,229,565
Virgin Media Finance PLC, 3.75%, 07/15/30^(a)	EUR		142		99,400
Virgin Media Secured Finance PLC, 4.50%, 08/15/30^(c)	USD		350		273,158
Virgin Media Vendor Financing Notes III DAC, 4.88%, 07/15/28^(a)	GBP		100		83,078
Virgin Media Vendor Financing Notes IV DAC, 5.00%, 07/15/28^(c)	USD		2,360		1,908,650
VZ Secured Financing BV, 3.50%, 01/15/32^(a)	EUR		170		119,125
Warnermedia Holdings, Inc.^(c)
5.14%, 03/15/52	USD		6,425		4,669,809
5.39%, 03/15/62			3,278		2,376,260
WMG Acquisition Corp.
3.88%, 07/15/30^(c)			655		536,620
2.25%, 08/15/31^(a)	EUR		141		98,458
Ziggo Bond Co. BV^(c)
6.00%, 01/15/27	USD		291		242,985
5.13%, 02/28/30			868		620,620
Ziggo BV, 4.88%, 01/15/30^(c)			1,165		920,350


					146,073,063

Metals & Mining — 3.0%
Arconic Corp.^(c)
6.00%, 05/15/25			1,484		1,428,447
6.13%, 02/15/28			2,237		1,976,009
ATI, Inc.
4.88%, 10/01/29			550		456,649
5.13%, 10/01/31			1,063		868,396
Big River Steel LLC/BRS Finance Corp., 6.63%, 01/31/29^(c)			4,781		4,400,337
Carpenter Technology Corp.
6.38%, 07/15/28			168		155,803
7.63%, 03/15/30			1,007		969,540
Commercial Metals Co.
4.13%, 01/15/30			372		305,418
4.38%, 03/15/32			398		314,420
Constellium SE
4.25%, 02/15/26^(a)	EUR		200		175,429
5.88%, 02/15/26^(c)	USD		1,569		1,439,557
5.63%, 06/15/28^(c)			1,499		1,229,411
3.75%, 04/15/29^(c)			3,743		2,732,693
ERO Copper Corp., 6.50%, 02/15/30^(c)			829		622,268


Security		Par (000)		Value

Metals & Mining (continued)
FMG Resources August Pty. Ltd., 6.13%, 04/15/32^(c)	USD		2,088	$	1,794,114
Kaiser Aluminum Corp.^(c)
4.63%, 03/01/28			1,190		970,944
4.50%, 06/01/31			1,624		1,188,346
Mineral Resources Ltd., 8.50%, 05/01/30^(c)			651		629,126
New Gold, Inc., 7.50%, 07/15/27^(c)			2,345		1,852,550
Novelis Corp.^(c)
3.25%, 11/15/26			3,387		2,827,231
4.75%, 01/30/30			2,681		2,198,420
3.88%, 08/15/31			3,143		2,344,427
Novelis Sheet Ingot GmbH, 3.38%, 04/15/29^(a)	EUR		1,229		945,819
Roller Bearing Co. of America, Inc., 4.38%, 10/15/29^(c)	USD		659		555,860
U.S. Steel Corp., 6.88%, 03/01/29			453		411,709
Vedanta Resources Finance II PLC, 8.95%, 03/11/25^(c)			577		390,918


					33,183,841

Mortgage Real Estate Investment Trusts (REITs) — 0.0%
Starwood Property Trust, Inc., 5.50%, 11/01/23^(c)			157		154,253


Multiline Retail — 0.2%
NMG Holding Co., Inc./Neiman Marcus Group LLC, 7.13%, 04/01/26^(c)			2,132		1,958,992


Offshore Drilling & Other Services^(c)— 0.1%
Entegris, Inc.
4.38%, 04/15/28			1,073		909,711
3.63%, 05/01/29			458		362,442


					1,272,153

Oil, Gas & Consumable Fuels — 14.7%
Aethon United BR LP/Aethon United Finance Corp., 8.25%, 02/15/26^(c)			2,852		2,756,002
Antero Midstream Partners LP/Antero Midstream Finance Corp.^(c)
5.75%, 03/01/27			669		618,736
5.38%, 06/15/29			1,137		1,003,857
Antero Resources Corp., 7.63%, 02/01/29^(c)			410		409,242
Apache Corp.
4.25%, 01/15/30			1,185		1,036,283
5.10%, 09/01/40			808		652,270
5.35%, 07/01/49			604		474,140
Arcosa, Inc., 4.38%, 04/15/29^(c)			1,988		1,689,800
Ascent Resources Utica Holdings LLC/ARU
Finance Corp.^(c)
9.00%, 11/01/27			3,527		4,302,248
5.88%, 06/30/29			1,004		893,560
Buckeye Partners LP
4.13%, 03/01/25^(c)			34		31,119
5.85%, 11/15/43			816		604,451
5.60%, 10/15/44			553		388,198
Callon Petroleum Co.
6.38%, 07/01/26			655		590,214
8.00%, 08/01/28^(c)			3,400		3,136,500
7.50%, 06/15/30^(c)			2,743		2,401,510
Cellnex Telecom SA^(a)
1.75%, 10/23/30	EUR		100		68,946
Series CLNX, 0.75%, 11/20/31			900		574,599
Central Parent, Inc./CDK Global, Inc., 7.25%, 06/15/29^(c)	USD		2,758		2,622,017


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Cheniere Energy Partners LP
4.50%, 10/01/29	USD		3,555	$	3,129,786
4.00%, 03/01/31			3,731		3,128,369
3.25%, 01/31/32			3,454		2,652,171
Chesapeake Energy Corp.^(c)
5.88%, 02/01/29			96		89,027
6.75%, 04/15/29			2,570		2,463,653
CITGO Petroleum Corp.^(c)
7.00%, 06/15/25			1,453		1,388,385
6.38%, 06/15/26			1,302		1,215,432
Civitas Resources, Inc., 5.00%, 10/15/26^(c)			477		433,345
CNX Midstream Partners LP, 4.75%, 04/15/30^(c)			520		408,153
CNX Resources Corp.^(c)
6.00%, 01/15/29			518		472,675
7.38%, 01/15/31			1,005		982,965
Colgate Energy Partners III LLC^(c)
7.75%, 02/15/26			894		877,485
5.88%, 07/01/29			1,986		1,772,763
Comstock Resources, Inc.^(c)
6.75%, 03/01/29			2,456		2,265,188
5.88%, 01/15/30			2,798		2,436,932
CQP Holdco LP/BIP-V Chinook Holdco LLC, 5.50%, 06/15/31^(c)			5,145		4,355,371
Crescent Energy Finance LLC, 7.25%, 05/01/26^(c)			3,339		2,999,824
Crestwood Midstream Partners LP/Crestwood
Midstream Finance Corp.^(c)
5.63%, 05/01/27			423		382,815
6.00%, 02/01/29			334		298,930
8.00%, 04/01/29			534		513,975
CrownRock LP/CrownRock Finance, Inc.^(c)
5.63%, 10/15/25			3,664		3,507,804
5.00%, 05/01/29			162		142,934
DCP Midstream Operating LP
5.13%, 05/15/29			145		135,869
6.45%, 11/03/36^(c)			920		840,519
6.75%, 09/15/37^(c)			2,031		1,969,334
Diamondback Energy, Inc., 4.25%, 03/15/52			873		637,319
DT Midstream, Inc.^(c)
4.13%, 06/15/29			2,235		1,888,575
4.38%, 06/15/31			2,745		2,263,856
Dycom Industries, Inc., 4.50%, 04/15/29^(c)			564		475,268
Earthstone Energy Holdings LLC, 8.00%, 04/15/27^(c)			1,541		1,452,393
eG Global Finance PLC
6.75%, 02/07/25^(c)			1,158		1,044,539
6.25%, 10/30/25^(a)	EUR		263		222,864
8.50%, 10/30/25^(c)	USD		1,586		1,387,090
EG Global Finance PLC, 4.38%, 02/07/25^(a)	EUR		133		112,098
Energy Transfer LP, Series H, (5 year CMT + 5.69%), 6.50%^(b)(i)	USD		3,577		3,115,939
EnLink Midstream LLC
5.63%, 01/15/28^(c)			1,411		1,319,285
5.38%, 06/01/29			1,369		1,252,635
6.50%, 09/01/30^(c)			1,135		1,108,328
EnLink Midstream Partners LP
4.15%, 06/01/25			43		39,915
4.85%, 07/15/26			297		272,760
5.60%, 04/01/44			1,433		1,090,079
5.05%, 04/01/45			220		154,190
5.45%, 06/01/47			246		179,695


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
EQM Midstream Partners LP
6.00%, 07/01/25^(c)	USD		492	$	454,918
4.13%, 12/01/26			361		305,828
6.50%, 07/01/27^(c)			1,929		1,782,567
4.50%, 01/15/29^(c)			147		118,435
7.50%, 06/01/30^(c)			421		397,833
4.75%, 01/15/31^(c)			1,748		1,387,475
Genesis Energy LP/Genesis Energy Finance Corp.
6.50%, 10/01/25			472		426,735
7.75%, 02/01/28			188		163,560
Gulfport Energy Corp., 8.00%, 05/17/26^(c)			152		151,240
Harbour Energy PLC, 5.50%, 10/15/26^(c)			420		375,900
Harvest Midstream I LP, 7.50%, 09/01/28^(c)			315		294,417
Hess Midstream Operations LP, 4.25%, 02/15/30^(c)			1,313		1,060,248
Hilcorp Energy I LP/Hilcorp Finance Co.^(c)
6.25%, 11/01/28			514		474,258
5.75%, 02/01/29			221		193,213
6.00%, 04/15/30			60		52,291
6.00%, 02/01/31			59		51,117
ITT Holdings LLC, 6.50%, 08/01/29^(c)			1,889		1,465,429
Kinetik Holdings LP, 5.88%, 06/15/30^(c)			2,774		2,540,038
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26^(c)			135		129,380
MasTec, Inc., 4.50%, 08/15/28^(c)			951		830,087
Matador Resources Co., 5.88%, 09/15/26			3,437		3,315,571
MPLX LP, 4.95%, 03/14/52			2,212		1,731,049
Murphy Oil Corp.
5.75%, 08/15/25			233		224,686
5.88%, 12/01/27			228		213,121
6.13%, 12/01/42			141		112,149
Murphy Oil USA, Inc., 4.75%, 09/15/29			928		821,280
Nabors Industries Ltd.^(c)
7.25%, 01/15/26			596		518,591
7.50%, 01/15/28			1,483		1,210,574
Nabors Industries, Inc., 7.38%, 05/15/27^(c)			1,461		1,348,430
Neptune Energy Bondco PLC, 6.63%, 05/15/25^(c)			200		185,673
New Fortress Energy, Inc.^(c)
6.75%, 09/15/25			3,227		3,056,614
6.50%, 09/30/26			5,208		4,811,671
NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/26^(c)			948		843,350
NGPL PipeCo LLC, 7.77%, 12/15/37^(c)			1,640		1,657,523
Northern Oil & Gas, Inc., 8.13%, 03/01/28^(c)			3,995		3,745,312
NuStar Logistics LP
5.75%, 10/01/25			719		666,348
6.00%, 06/01/26			908		831,170
6.38%, 10/01/30			75		64,175
Occidental Petroleum Corp.
6.95%, 07/01/24			363		372,983
8.00%, 07/15/25			138		146,280
5.88%, 09/01/25			444		445,343
8.88%, 07/15/30			549		611,202
6.63%, 09/01/30			3,252		3,300,780
7.50%, 05/01/31			581		607,145
6.45%, 09/15/36			1,102		1,102,000
6.20%, 03/15/40			3,715		3,594,262
6.60%, 03/15/46			387		398,610
Parkland Corp., 5.88%, 07/15/27^(c)			1,223		1,133,721
PDC Energy, Inc., 6.13%, 09/15/24			356		350,367


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Permian Resources Operating LLC, 6.88%, 04/01/27^(c)	USD		1,222	$	1,182,230
Range Resources Corp., 4.88%, 05/15/25			464		437,357
Rockcliff Energy II LLC, 5.50%, 10/15/29^(c)			1,911		1,673,226
SM Energy Co.
5.63%, 06/01/25			380		364,800
6.75%, 09/15/26			724		696,850
6.63%, 01/15/27			85		81,590
6.50%, 07/15/28			471		447,602
Southwestern Energy Co.
5.70%, 01/23/25			11		10,770
5.38%, 02/01/29			1,724		1,563,323
4.75%, 02/01/32			856		717,414
Sunoco LP/Sunoco Finance Corp.
6.00%, 04/15/27			339		323,253
5.88%, 03/15/28			808		733,214
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.^(c)
6.00%, 03/01/27			250		226,815
6.00%, 12/31/30			171		145,369
6.00%, 09/01/31			686		579,670
Tap Rock Resources LLC, 7.00%, 10/01/26^(c)			4,398		4,020,542
Transocean, Inc., 11.50%, 01/30/27^(c)			965		892,567
UGI International LLC, 2.50%, 12/01/29^(a)	EUR		100		72,924
Venture Global Calcasieu Pass LLC^(c)
3.88%, 08/15/29	USD		4,750		4,074,930
4.13%, 08/15/31			3,821		3,169,405
3.88%, 11/01/33			7,004		5,445,610
Vermilion Energy, Inc., 6.88%, 05/01/30^(c)			807		742,440
Western Midstream Operating LP
4.75%, 08/15/28			145		131,950
5.45%, 04/01/44			1,561		1,280,554
5.30%, 03/01/48			1,851		1,522,447
5.50%, 08/15/48			703		568,551
5.50%, 02/01/50			3,337		2,694,627


					165,009,203

Personal Products — 0.0%
Coty, Inc.^(a)
3.88%, 04/15/26	EUR		106		93,497
4.75%, 04/15/26			100		84,510
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC, 4.75%, 01/15/29^(c)	USD		83		70,217


					248,224

Pharmaceuticals — 1.1%
Cheplapharm Arzneimittel GmbH
4.38%, 01/15/28^(a)	EUR		100		80,338
5.50%, 01/15/28^(c)	USD		1,643		1,355,475
Elanco Animal Health, Inc., 6.40%, 08/28/28			241		212,752
Gruenenthal GmbH^(a)
3.63%, 11/15/26	EUR		100		83,794
4.13%, 05/15/28			117		94,962
Jazz Securities DAC, 4.38%, 01/15/29^(c)	USD		1,994		1,722,317
Nidda Healthcare Holding GmbH, 3.50%, 09/30/24^(a)	EUR		300		266,084
Option Care Health, Inc., 4.38%, 10/31/29^(c)	USD		1,054		890,630
Organon & Co./Organon Foreign Debt Co-Issuer BV^(c) 4.13%, 04/30/28			2,205		1,885,275


Security		Par (000)		Value

Pharmaceuticals (continued)
Organon & Co./Organon Foreign Debt Co-Issuer BV^(c)(continued)
5.13%, 04/30/31	USD		1,880	$	1,540,021
PRA Health Sciences, Inc., 2.88%, 07/15/26^(c)			2,163		1,903,109
Prestige Brands, Inc., 3.75%, 04/01/31^(c)			834		647,935
Rossini SARL, 6.75%, 10/30/25^(a)	EUR		101		95,767
Teva Pharmaceutical Finance Netherlands II BV
6.00%, 01/31/25			100		95,665
4.50%, 03/01/25			100		92,266
3.75%, 05/09/27			100		82,404
1.63%, 10/15/28^(a)			100		69,051
Teva Pharmaceutical Finance Netherlands III BV
7.13%, 01/31/25	USD		500		485,875
3.15%, 10/01/26			248		202,089


					11,805,809

Real Estate — 0.1%
VICI Properties LP, 5.63%, 05/15/52			1,030		852,210
VICI Properties LP/VICI Note Co., Inc., 4.50%, 01/15/28^(c)			323		286,562


					1,138,772

Real Estate Management & Development — 0.6%
Adler Group SA^(a)
3.25%, 08/05/25	EUR		200		107,806
2.75%, 11/13/26			200		98,005
Aroundtown SA, (5 year GBP Swap + 4.38%), 4.75%^(a)(b)(i)	GBP		215		160,839
Cushman & Wakefield U.S. Borrower LLC, 6.75%, 05/15/28^(c)	USD		1,451		1,345,875
DEMIRE Deutsche Mittelstand Real Estate AG, 1.88%, 10/15/24^(a)	EUR		100		70,926
Fastighets AB Balder, (5 year EUR Swap + 3.19%), 2.87%, 06/02/81^(a)(b)			175		114,268
Heimstaden Bostad AB, (5 year EUR Swap + 3.15%), 2.63%^(a)(b)(i)			200		113,803
Howard Hughes Corp.^(c)
5.38%, 08/01/28	USD		958		795,140
4.13%, 02/01/29			943		728,468
4.38%, 02/01/31			660		474,081
Realogy Group LLC/Realogy Co.-Issuer Corp.^(c)
5.75%, 01/15/29			1,495		1,078,269
5.25%, 04/15/30			714		484,870
Starwood Property Trust, Inc., 4.38%, 01/15/27^(c)			406		346,109
WeWork Cos. LLC/WW Co.-Obligor, Inc., 5.00%, 07/10/25^(c)			1,057		613,234


					6,531,693

Road & Rail — 0.2%
Autostrade per l’Italia SpA^(a)
1.88%, 11/04/25	EUR		100		88,205
2.00%, 01/15/30			279		204,077
Seaspan Corp., 5.50%, 08/01/29^(c)	USD		1,800		1,422,000


					1,714,282

Semiconductors & Semiconductor Equipment — 1.3%
ams-OSRAM AG, Series AMS, 0.00%, 03/05/25^(a)(l)	EUR		200		155,493
Entegris Escrow Corp., 4.75%, 04/15/29^(c)	USD		6,364		5,605,568
Sensata Technologies BV^(c)
5.63%, 11/01/24			1,400		1,392,132
5.00%, 10/01/25			2,021		1,928,175
4.00%, 04/15/29			1,041		861,416


Security		Par (000)		Value

Semiconductors & Semiconductor Equipment (continued)
Sensata Technologies BV^(c)(continued)
5.88%, 09/01/30	USD		1,160	$	1,085,365
Sensata Technologies, Inc.^(c)
4.38%, 02/15/30			3,123		2,609,298
3.75%, 02/15/31			146		115,005
Synaptics, Inc., 4.00%, 06/15/29^(c)			1,222		983,777


					14,736,229

Software — 2.9%
ACI Worldwide, Inc., 5.75%, 08/15/26^(c)			1,133		1,070,345
Black Knight InfoServ LLC, 3.63%, 09/01/28^(c)			1,997		1,702,443
Boxer Parent Co., Inc.
6.50%, 10/02/25^(a)	EUR		173		158,528
7.13%, 10/02/25^(c)	USD		1,099		1,077,102
9.13%, 03/01/26^(c)			3,346		3,215,506
Elastic NV, 4.13%, 07/15/29^(c)			2,011		1,588,368
Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL, 4.63%, 05/01/28^(c)			959		716,373
Iron Mountain Information Management Services, Inc., 5.00%, 07/15/32^(c)			1,386		1,072,893
Maxar Technologies, Inc., 7.75%, 06/15/27^(c)			421		395,681
MicroStrategy, Inc., 6.13%, 06/15/28^(c)			2,441		2,011,262
MSCI, Inc.^(c)
3.63%, 09/01/30			551		453,361
3.88%, 02/15/31			821		691,252
3.63%, 11/01/31			798		640,251
3.25%, 08/15/33			976		753,697
Open Text Corp.^(c)
3.88%, 02/15/28			29		23,984
3.88%, 12/01/29			1,634		1,258,556
Open Text Holdings, Inc., 4.13%, 02/15/30^(c)			1,480		1,181,943
Picard Midco, Inc., 6.50%, 03/31/29			9,649		8,150,510
Playtika Holding Corp., 4.25%, 03/15/29^(c)			2,013		1,609,877
PTC, Inc., 4.00%, 02/15/28^(c)			493		431,170
SS&C Technologies, Inc., 5.50%, 09/30/27^(c)			4,851		4,425,053
Veritas U.S., Inc./Veritas Bermuda Ltd., 7.50%, 09/01/25^(c)			321		245,836


					32,873,991

Specialty Retail — 0.6%
Arko Corp., 5.13%, 11/15/29^(c)			981		765,180
Carvana Co., 10.25%, 05/01/30^(c)			843		562,702
Douglas GmbH, 6.00%, 04/08/26^(a)	EUR		100		74,492
Goldstory SASU, 5.38%, 03/01/26^(a)			100		83,304
PetSmart, Inc./PetSmart Finance Corp.^(c)
4.75%, 02/15/28	USD		695		594,773
7.75%, 02/15/29			3,269		2,922,290
Staples, Inc., 7.50%, 04/15/26^(c)			1,942		1,630,523
Tendam Brands SAU, (3 mo. EURIBOR + 5.25%), 5.52%, 09/15/24^(a)(b)	EUR		100		92,468


					6,725,732

Technology Hardware, Storage & Peripherals — 0.2%
Coherent Corp., 5.00%, 12/15/29^(c)	USD		2,186		1,808,259


Textiles, Apparel & Luxury Goods — 0.3%
Crocs, Inc.^(c)
4.25%, 03/15/29			369		293,355
4.13%, 08/15/31			971		739,106
European TopSoho SARL, Series SMCP, 4.00%, 09/21/21^(a)(d)(h)	EUR		200		169,768


Security		Par (000)		Value

Textiles, Apparel & Luxury Goods (continued)
Kontoor Brands, Inc., 4.13%, 11/15/29^(c)	USD		525	$	418,283
Levi Strauss & Co., 3.50%, 03/01/31^(c)			914		712,920
William Carter Co., 5.63%, 03/15/27^(c)			543		507,672


					2,841,104

Thrifts & Mortgage Finance — 0.5%
Enact Holdings, Inc., 6.50%, 08/15/25^(c)			2,158		2,062,379
Home Point Capital, Inc., 5.00%, 02/01/26^(c)			1,023		640,654
Jerrold Finco PLC^(a)
4.88%, 01/15/26	GBP		100		86,532
5.25%, 01/15/27			140		116,691
MGIC Investment Corp., 5.25%, 08/15/28	USD		857		765,627
Nationstar Mortgage Holdings, Inc.^(c)
6.00%, 01/15/27			85		72,569
5.13%, 12/15/30			569		412,639
5.75%, 11/15/31			527		386,488
Rocket Mortgage LLC/Rocket Mortgage Co.- Issuer, Inc., 2.88%, 10/15/26^(c)			1,646		1,349,720


					5,893,299

Transportation — 0.0%
Autostrade per l’Italia SpA, 2.00%, 12/04/28^(a)	EUR		226		170,500


Transportation Infrastructure^(a)— 0.0%
Autostrade per l’Italia SpA, 1.63%, 01/25/28			150		115,571
Heathrow Finance PLC, 4.13%, 09/01/29^(m)	GBP		115		90,647


					206,218

Utilities — 0.3%
Consensus Cloud Solutions, Inc.^(c)
6.00%, 10/15/26	USD		386		340,141
6.50%, 10/15/28			475		403,214
Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.50%, 08/15/28^(c)			1,515		1,313,429
Thames Water Kemble Finance PLC, 4.63%, 05/19/26^(a)	GBP		152		140,859
Vistra Operations Co. LLC^(c)
5.50%, 09/01/26	USD		91		84,403
5.00%, 07/31/27			91		82,196
4.38%, 05/01/29			868		721,942


					3,086,184

Wireless Telecommunication Services — 1.4%
Altice France SA
5.88%, 02/01/27^(a)	EUR		100		84,544
8.13%, 02/01/27^(c)	USD		2,712		2,423,850
5.50%, 01/15/28^(c)			1,286		1,018,370
4.13%, 01/15/29^(a)	EUR		200		148,968
5.13%, 01/15/29^(c)	USD		794		585,766
5.13%, 07/15/29^(c)			569		425,106
5.50%, 10/15/29^(c)			1,890		1,422,005
SBA Communications Corp.
3.13%, 02/01/29			584		469,694
3.88%, 02/15/27			5,258		4,663,373
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 6.50%, 02/15/29^(c)			1,609		1,078,366
VICI Properties LP/VICI Note Co., Inc.^(c)
3.50%, 02/15/25			401		370,668
4.63%, 06/15/25			257		241,844
4.50%, 09/01/26			30		27,397
4.25%, 12/01/26			66		59,571
4.63%, 12/01/29			597		517,921


Security		Par (000)		Value

Wireless Telecommunication Services (continued)
VICI Properties LP/VICI Note Co., Inc.^(c)(continued)
4.13%, 08/15/30	USD		794	$	663,165
Vmed O2 U.K. Financing I PLC
4.00%, 01/31/29^(a)	GBP		200		168,041
4.25%, 01/31/31^(c)	USD		257		194,726
4.50%, 07/15/31^(a)	GBP		201		158,782
4.75%, 07/15/31^(c)	USD		1,668		1,286,855
Vodafone Group PLC, (5 year EUR Swap + 3.23%), 3.00%, 08/27/80^(a)(b)	EUR		100		72,303


					16,081,315


Total Corporate Bonds — 110.4% (Cost: $1,450,288,150)					1,240,088,017


Floating Rate Loan Interests^(b)

Aerospace & Defense — 0.7%
Cobham Ultra U.S. Co-Borrower LLC, USD Term Loan B, (6 mo. LIBOR + 3.75%, 0.50% Floor), 7.06%, 08/03/29	USD		412		393,460
Peraton Corp.
2nd Lien Term Loan B1, (1 mo. LIBOR + 7.75%, 0.75% Floor), 10.57%, 02/01/29			2,790		2,631,421
Term Loan B, (1 mo. LIBOR + 3.75%, 0.75% Floor), 6.87%, 02/01/28			4,114		3,891,433
Spirit Aerosystems, Inc., 2021 Term Loan B, (1 mo. LIBOR + 3.75%, 0.50% Floor), 6.87%, 01/15/25.			1,106		1,092,597
WP CPP Holdings LLC, 2018 Term Loan, (3 mo. LIBOR + 3.75%, 1.00% Floor), 6.56%, 04/30/25.			317		281,775


					8,290,686

Air Freight & Logistics — 0.4%
AIT Worldwide Logistics Holdings, Inc., 2021 Term Loan, (3 mo. LIBOR + 4.75%, 0.75% Floor), 7.04%, 04/06/28			608		553,912
PECF USS Intermediate Holding III Corp., Term Loan B, (1 mo. LIBOR + 4.25%, 0.50% Floor), 7.37%, 12/15/28			4,203		3,576,323


					4,130,235

Airlines — 0.9%
AAdvantage Loyalty IP Ltd., 2021 Term Loan, (3 mo. LIBOR + 4.75%, 0.75% Floor), 7.46%, 04/20/28			2,902		2,806,837
Air Canada, 2021 Term Loan B, (3 mo. LIBOR + 3.50%, 0.75% Floor), 6.42%, 08/11/28			1,666		1,581,096
Mileage Plus Holdings LLC, 2020 Term Loan B, (3 mo. LIBOR + 5.25%, 1.00% Floor), 8.78%, 06/21/27			1,088		1,090,897
SkyMiles IP Ltd., 2020 Skymiles Term Loan B, (3 mo. LIBOR + 3.75%, 1.00% Floor), 6.46%, 10/20/27			1,648		1,649,285
United Airlines, Inc., 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 6.53%, 04/21/28.			3,398		3,236,762


					10,364,877

Auto Components — 0.0%
Clarios Global LP, 2021 USD Term Loan B, (1 mo. LIBOR + 3.25%), 6.37%, 04/30/26			413		390,109


Security		Par (000)			Value

Banks — 0.4%
Directv Financing LLC, Term Loan, (1 mo. LIBOR + 5.00%, 0.75% Floor), 8.12%, 08/02/27	USD		4,463		$	4,146,511


Beverages — 0.0%
Naked Juice LLC, 2nd Lien Term Loan, (3 mo. SOFR + 6.00%, 0.50% Floor), 9.65%, 01/24/30			156			141,180


Building Products — 0.0%
Standard Industries, Inc., 2021 Term Loan B, (6 mo. LIBOR + 2.50%, 0.50% Floor), 6.68%, 09/22/28			—	⁽ⁿ⁾		1


Capital Markets — 0.2%
AqGen Ascensus, Inc., 2021 2nd Lien Term Loan, (3 mo. LIBOR + 6.50%, 0.50% Floor), 8.81%, 08/02/29			994			889,694
Deerfield Dakota Holding LLC, 2021 USD 2nd Lien Term Loan, (1 mo. LIBOR + 6.75%, 0.75% Floor), 9.87%, 04/07/28^(f)			1,206			1,163,790


						2,053,484

Chemicals — 0.6%
Ascend Performance Materials Operations LLC, 2021 Term Loan B, (6 mo. SOFR CME + 4.75%, 0.75% Floor), 8.83%, 08/27/26			2,315			2,262,277
Discovery Purchaser Corp., 10/04/29^(o)			2,514			2,294,025
New Arclin U.S. Holding Corp., 2021 Term Loan , (1 mo. LIBOR + 3.75%, 0.50% Floor), 6.87%, 09/30/28			882			812,082
W.R. Grace Holdings LLC, 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.50% Floor), 7.44%, 09/22/28			1,262			1,178,127


						6,546,511

Commercial Services & Supplies — 0.6%
Propulsion BC Finco SARL, Term Loan, (3 mo. SOFR + 4.00%, 0.50% Floor), 6.28%, 09/14/29^(f)			887			840,520
Verscend Holding Corp., 2021 Term Loan B, (1 mo. LIBOR + 4.00%), 7.12%, 08/27/25			5,483			5,304,318


						6,144,838

Communications Equipment — 0.0%
ViaSat, Inc., Term Loan, (1 mo. SOFR CME + 4.50%, 0.50% Floor), 7.65%, 03/02/29			385			339,860


Construction & Engineering — 1.3%
Brand Energy & Infrastructure Services, Inc., 2017 Term Loan, (3 mo. LIBOR + 4.25%, 1.00% Floor), 6.95%, 06/21/24			14,329			12,436,012
New Arclin U.S. Holding Corp., 2021 2nd Lien Term Loan, (1 mo. LIBOR + 7.00%, 0.50% Floor), 10.12%, 09/30/29^(f)			2,814			2,645,160


						15,081,172

Construction Materials — 0.0%
BCPE Empire Holdings, Inc., 2022 Incremental Term Loan, (1 mo. SOFR CME + 4.62%, 0.50% Floor), 7.76%, 06/11/26			191			181,966


Security		Par (000)			Value


Containers & Packaging — 0.2%
BWAY Holding Co., 2017 Term Loan B, (1 mo. LIBOR + 3.25%), 5.81%, 04/03/24	USD		1,946		$	1,808,051
Charter Next Generation, Inc., 2021 Term Loan, (3 mo. LIBOR + 3.75%, 0.75% Floor), 6.56%, 12/01/27			—	⁽ⁿ⁾		1
Clydesdale Acquisition Holdings, Inc., Term Loan B, (1 mo. SOFR CME + 4.17%, 0.50% Floor), 7.31%, 04/13/29			631			594,675


						2,402,727

Diversified Consumer Services — 0.2%
Amentum Government Services Holdings LLC, Term Loan B, (1 mo. LIBOR + 4.00%), 7.80%, 01/29/27			361			343,265
Ascend Learning LLC, 2021 2nd Lien Term Loan, (1 mo. LIBOR + 5.75%, 0.50% Floor), 8.87%, 12/10/29			657			568,719
Sotheby’s, 2021 Term Loan B, (3 mo. LIBOR + 4.50%, 0.50% Floor), 7.01%, 01/15/27			404			389,758
TruGreen LP, 2020 2nd Lien Term Loan, (1 mo. LIBOR + 8.50%, 0.75% Floor), 11.62%, 11/02/28^(f)			868			763,840


						2,065,582

Diversified Financial Services — 0.7%
Delta TopCo, Inc., 2020 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 6.83%, 12/01/27			1,294			1,168,929
EP Purchaser LLC, 2021 Term Loan B, (3 mo. LIBOR + 3.50%, 0.50% Floor), 7.17%, 11/06/28			368			358,109
Gainwell Acquisition Corp., Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 7.67%, 10/01/27			1,910			1,815,975
I-Logic Technologies Bidco Ltd., 2021 USD Term Loan B, (3 mo. SOFR CME + 4.00%, 0.50% Floor), 7.70%, 02/16/28			543			519,128
KKR Apple Bidco LLC
2021 2nd Lien Term Loan, (1 mo. LIBOR + 5.75%, 0.50% Floor), 8.87%, 09/21/29			144			137,279
2021 Term Loan, (1 mo. LIBOR + 2.75%, 0.50% Floor), 5.87%, 09/23/28			529			503,965
Radiate Holdco LLC, 2021 Term Loan B, (1 mo. LIBOR + 3.25%, 0.75% Floor), 6.37%, 09/25/26			314			289,443
Veritas U.S., Inc., 2021 USD Term Loan B, (3 mo. LIBOR + 5.00%, 1.00% Floor), 8.67%, 09/01/25			2,263			1,787,063
White Cap Buyer LLC, Term Loan B, (1 mo. SOFR CME + 3.75%), 6.78%, 10/19/27			1,263			1,179,133


						7,759,024

Diversified Telecommunication Services — 0.1%
Frontier Communications Corp., 2021 DIP Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 7.44%, 05/01/28			1,121			1,039,577


Electrical Equipment — 0.1%
Gates Global LLC, 2021 Term Loan B3, (1 mo. LIBOR + 2.50%, 0.75% Floor), 5.62%, 03/31/27			1,228			1,177,637


Food Products — 0.0%
Chobani LLC, 2020 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 6.62%, 10/25/27			272			246,740


Security		Par (000)		Value


Gas Utilities — 0.1%
Freeport LNG Investments LLLP, Term Loan B, (3 mo. LIBOR + 3.50%, 0.50% Floor), 6.21%, 12/21/28	USD		1,349	$	1,246,179


Health Care Providers & Services — 0.4%
Da Vinci Purchaser Corp., 2019 Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 7.46%, 01/08/27			1,228		1,155,753
Envision Healthcare Corp.
2022 1st Out Term Loan, (3 mo. SOFR CME + 7.87%, 1.00% Floor), 11.39%, 03/31/27			376		359,717
2022 2nd Out Term Loan, (3 mo. SOFR CME + 4.25%, 1.00% Floor), 6.83%, 03/31/27			2,507		1,090,547
EyeCare Partners LLC, 2020 Term Loan, (3 mo. LIBOR + 3.75%), 7.42%, 02/18/27			737		666,872
Quorum Health Corp., 2020 Term Loan, (3 mo. LIBOR + 8.25%, 1.00% Floor), 10.60%, 04/29/25			1,453		973,463
RegionalCare Hospital Partners Holdings, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.75%), 6.87%, 11/16/25			442		409,896


					4,656,248

Health Care Technology — 1.3%
Athenahealth, Inc., 2022 Term Loan B, (1 mo. SOFR CME + 3.50%, 0.50% Floor), 6.58%, 02/15/29			5,976		5,342,271
Polaris Newco LLC, USD Term Loan B, (1 mo. LIBOR + 4.00%, 0.50% Floor), 7.67%, 06/02/28			898		827,279
Verscend Holding Corp., 2021 2nd Lien Term Loan, (1 mo. LIBOR + 7.00%, 0.50% Floor), 10.12%, 04/02/29^(f)			8,097		7,854,178


					14,023,728

Hotels, Restaurants & Leisure — 0.3%
Caesars Resort Collection LLC, 2017 1st Lien Term Loan B, (1 mo. LIBOR + 2.75%), 5.87%, 12/23/24			1,440		1,404,179
Fertitta Entertainment LLC, 2022 Term Loan B, (1 mo. SOFR + 4.00%, 0.50% Floor), 7.03%, 01/27/29			1,848		1,710,924
Great Canadian Gaming Corp., 2021 Term Loan, (3 mo. LIBOR + 4.00%, 0.75% Floor), 7.60%, 11/01/26			303		288,608


					3,403,711

Household Durables — 0.2%
Hunter Douglas Inc., USD Term Loan B1, (3 mo. SOFR CME + 3.50%), 6.34%, 02/26/29			1,132		926,675
Springs Windows Fashions LLC, 2021 Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 7.60%, 10/06/28			2,079		1,617,116

					2,543,791

Industrial Conglomerates — 0.1%
AVSC Holding Corp., 2018 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 1.00% Floor), 10.06%, 09/01/25			638		515,063
Sequa Mezzanine Holdings LLC, 2020 Extended Term Loan, (3 mo. LIBOR + 6.75%, 1.00% Floor), 9.76%, 11/28/23			927		924,212

					1,439,275


Security		Par (000)			Value


Insurance — 0.3%
Alliant Holdings Intermediate LLC, Term Loan B, (1 mo. LIBOR + 3.25%), 6.37%, 05/09/25	USD		1,964		$	1,880,152
Ryan Specialty Group LLC, Term Loan, (1 mo. SOFR CME + 3.00%, 0.75% Floor), 6.13%, 09/01/27^(f)			541			522,661
Sedgwick Claims Management Services, Inc.
2018 Term Loan B, (1 mo. LIBOR + 3.25%), 6.37%, 12/31/25			844			797,293
2020 Term Loan B3, (1 mo. LIBOR + 4.25%, 1.00% Floor), 7.37%, 09/03/26			525			504,641


						3,704,747

Interactive Media & Services — 0.2%
Grab Holdings, Inc., Term Loan B, (1 mo. LIBOR + 4.50%, 1.00% Floor), 7.62%, 01/29/26			2,799			2,615,589


IT Services — 1.6%
Boxer Parent Co., Inc.
2021 USD 2nd Lien Term Loan, (1 mo. LIBOR + 5.50%, 0.50% Floor), 8.62%, 02/27/26			2,250			2,081,250
2021 USD Term Loan, (1 mo. LIBOR + 3.75%), 6.87%, 10/02/25			1,290			1,220,034
CoreLogic, Inc., 2nd Lien Term Loan, (1 mo. LIBOR + 6.50%, 0.50% Floor), 9.63%, 06/04/29^(f)			1,285			860,817
Greeneden U.S. Holdings II LLC, 2020 USD Term Loan B4, (1 mo. LIBOR + 4.00%, 0.75% Floor), 7.12%, 12/01/27			988			937,703
Optiv Security, Inc., 1st Lien Term Loan, (6 mo. LIBOR + 3.25%, 1.00% Floor), 7.42%, 02/01/24			1,216			1,161,764
PUG LLC, USD Term Loan, (1 mo. LIBOR + 3.50%), 6.62%, 02/12/27^(f)			1,083			937,062
Sophia LP, 2020 2nd Lien Term Loan, (3 mo. LIBOR + 8.00%, 1.00% Floor), 11.67%, 10/09/28			10,251			10,174,118
TierPoint LLC, 2021 Term Loan, (1 mo. LIBOR + 3.75%, 0.75% Floor), 6.87%, 05/05/26			342			323,311


						17,696,059

Leisure Products — 0.0%
Peloton Interactive, Inc., Term Loan, (6 mo. SOFR CME + 6.50%, 0.50% Floor), 8.35%, 05/25/27			511			497,314


Machinery — 1.0%
Filtration Group Corp., 2021 Incremental Term Loan, (1 mo. LIBOR + 3.50%, 0.50% Floor), 6.62%, 10/21/28			—	⁽ⁿ⁾		1
MHI Holdings LLC, Term Loan B, (1 mo. LIBOR + 5.00%), 8.12%, 09/21/26			1,980			1,943,365
SPX Flow, Inc., 2022 Term Loan, (1 mo. SOFR CME + 4.50%, 0.50% Floor), 7.63%, 04/05/29			1,465			1,351,462
Titan Acquisition Ltd., 2018 Term Loan B, (6 mo. LIBOR + 3.00%), 5.88%, 03/28/25			8,479			7,574,448


						10,869,276

Media — 1.3%
Altice Financing SA, 2017 USD Term Loan B, (3 mo. LIBOR + 2.75%), 5.26%, 07/15/25			237			222,421
Clear Channel Outdoor Holdings, Inc., Term Loan B, (3 mo. LIBOR + 3.50%), 6.31%, 08/21/26			6,497			5,783,856


Security		Par (000)			Value

Media (continued)
Connect Finco SARL, 2021 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 6.62%, 12/11/26	USD		—	⁽ⁿ⁾	$	1
Intelsat Jackson Holdings SA, 2021 Exit Term Loan B, (6 mo. SOFR + 4.50%, 0.50% Floor), 7.44%, 02/01/29			973			910,955
MH Sub I LLC
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 6.62%, 09/13/24			2,725			2,591,781
2020 Incremental Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.87%, 09/13/24			492			465,954
2021 2nd Lien Term Loan, (1 mo. SOFR CME + 6.25%), 9.28%, 02/23/29			288			269,041
Zayo Group Holdings, Inc., USD Term Loan, (1 mo. LIBOR + 3.00%), 6.12%, 03/09/27			4,590			3,821,613


						14,065,622

Oil, Gas & Consumable Fuels — 1.1%
Ascent Resources Utica Holdings LLC, 2020 Fixed 2nd Lien Term Loan, (3 mo. LIBOR + 9.00%, 1.00% Floor), 11.46%, 11/01/25			11,117			11,654,005
Lealand Finance Co. BV, 2020 Make Whole Term Loan, (1 mo. LIBOR + 3.00%), 6.12%, 06/28/24			90			54,239
M6 ETX Holdings II Midco LLC, Term Loan B, (3 mo. SOFR CME + 4.50%, 0.50% Floor), 7.99%, 09/19/29			821			804,580


						12,512,824

Professional Services — 0.1%
Element Materials Technology Group U.S. Holdings, Inc.
2022 USD Delayed Draw Term Loan, (3 mo. LIBOR + 4.25%, 0.50% Floor), 7.90%, 07/06/29			198			185,519
2022 USD Term Loan, (3 mo. SOFR CME + 4.25%, 0.50% Floor), 7.90%, 07/06/29			429			401,956
Galaxy U.S. Opco, Inc., Term Loan, (1 mo. SOFR CME + 4.75%, 0.50% Floor), 7.78%, 04/29/29^(f)			484			453,750


						1,041,225

Real Estate Management & Development — 0.2%
Chamberlain Group, Inc., Term Loan B, (1 mo. LIBOR + 3.50%, 0.50% Floor), 6.62%, 11/03/28			1,855			1,680,986


Software — 3.1%
Central Parent, Inc., 2022 USD Term Loan B, (3 mo. SOFR CME + 4.50%, 0.50% Floor), 6.61%, 07/06/29			626			601,886
Cloudera, Inc.^(f)
2021 Second Lien Term Loan, (1 mo. LIBOR + 6.00%, 0.50% Floor), 9.12%, 10/08/29			1,896			1,592,203
2021 Term Loan, (1 mo. LIBOR + 3.75%, 0.50% Floor), 6.87%, 10/08/28			2,115			1,850,565
Digicel International Finance Ltd., 2017 Term Loan B, (1 mo. LIBOR + 3.25%), 6.37%, 05/28/24			1,931			1,717,060
Epicor Software Corp., 2020 2nd Lien Term Loan, (1 mo. LIBOR + 7.75%, 1.00% Floor), 10.87%, 07/31/28			506			491,832
Helios Software Holdings, Inc., 2021 USD Term Loan B, (3 mo. SOFR CME + 3.75%), 7.45%, 03/11/28			303			285,910


Security		Par (000)		Value

Software (continued)
Magenta Buyer LLC
2021 USD 1st Lien Term Loan, (1 mo. LIBOR + 4.75%, 0.75% Floor), 7.87%, 07/27/28	USD		3,503	$	3,152,445
2021 USD 2nd Lien Term Loan, (1 mo. LIBOR + 8.25%, 0.75% Floor), 11.37%, 07/27/29			2,293		2,099,998
McAfee LLC, 2022 USD Term Loan B, (1 mo. SOFR CME + 3.75%), 6.36%, 03/01/29			3,180		2,892,005
Planview Parent, Inc., 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 0.75% Floor), 10.92%, 12/18/28^(f)			850		807,500
Proofpoint, Inc., 2nd Lien Term Loan, (3 mo. LIBOR + 6.25%, 0.50% Floor), 9.32%, 08/31/29			2,070		1,984,948
RealPage, Inc., 2nd Lien Term Loan, (1 mo. LIBOR + 6.50%, 0.75% Floor), 9.62%, 04/23/29			7,231		6,964,725
Renaissance Holding Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 6.37%, 05/30/25			1,763		1,672,663
Sabre Global, Inc.
2021 Term Loan B1, (1 mo. LIBOR + 3.50%, 0.50% Floor), 6.62%, 12/17/27			342		305,058
2021 Term Loan B2, (1 mo. LIBOR + 3.50%, 0.50% Floor), 6.62%, 12/17/27			545		486,279
Severin Acquisition LLC, 2018 Term Loan B, (3 mo. SOFR CME + 3.00%), 6.03%, 08/01/25			2,165		2,087,155
Sophia LP, 2021 Term Loan B, (3 mo. LIBOR + 3.50%, 0.50% Floor), 7.17%, 10/07/27			1,119		1,074,600
Tempo Acquisition LLC, Non-Extended Term Loan, (1 mo. LIBOR + 2.75%), 5.87%, 05/01/24			195		192,958
Tibco Software, Inc., 2022 USD Term Loan, (3 mo. SOFR CME + 4.50%, 0.50% Floor), 8.02%, 03/20/29			2,974		2,664,912
Ultimate Software Group, Inc., 2021 2nd Lien Term Loan, (3 mo. LIBOR + 5.25%, 0.50% Floor), 7.54%, 05/03/27			2,177		2,046,151


					34,970,853

Specialty Retail — 0.0%
Staples, Inc., 7 Year Term Loan, (3 mo. LIBOR + 5.00%), 7.78%, 04/16/26			424		371,245


Textiles, Apparel & Luxury Goods — 0.1%
Crocs, Inc., Term Loan B, (3 mo. SOFR + 3.50%, 0.50% Floor), 7.20%, 02/17/29			1,108		1,040,419


Trading Companies & Distributors — 0.2%
Foundation Building Materials Holding Co. LLC, 2021 Term Loan, (3 mo. LIBOR + 3.25%, 0.50% Floor), 6.06%, 01/31/28			563		505,328
SRS Distribution, Inc., 2022 Incremental Term Loan, (3 mo. SOFR CME + 3.50%), 6.18%, 06/02/28			1,282		1,175,846


					1,681,174


Security		Par (000)		Value

Transportation — 0.1%
Brown Group Holding, LLC, 2022 Term Loan B2, (1 mo. SOFR CME + 3.75%, 0.50% Floor), 6.78%, 07/02/29	USD		1,277	$	1,234,961


Total Floating Rate Loan Interests — 18.1% (Cost: $218,240,214)					203,797,943


Preferred Securities

Capital Trusts — 1.2%^(b)

Automobiles⁽ⁱ⁾— 0.1%
General Motors Financial Co., Inc., Series C, 5.70%			655		561,412
Volkswagen International Finance NV^(a)
3.75%	EUR		100		82,338
4.38%			100		76,442


					720,192

Banks — 0.1%
PNC Financial Services Group, Inc., Series V, 6.20%⁽ⁱ⁾	USD		1,417		1,339,065


Diversified Financial Services⁽ⁱ⁾— 0.6%
Barclays PLC
4.38%			2,490		1,534,587
8.00%			980		857,696
BNP Paribas SA, 6.88%^(a)	EUR		200		181,748
Credit Suisse Group AG^(c)
6.38%	USD		681		495,428
6.25%			600		513,996
Deutsche Bank AG, 6.75%^(a)	EUR		200		155,836
JPMorgan Chase & Co., Series FF, 5.00%	USD		3,418		3,082,181


					6,821,472

Diversified Telecommunication Services — 0.0%
British Telecommunications PLC, 4.88%, 11/23/81^(c)			200		162,592


Electric Utilities⁽ⁱ⁾— 0.1%
Edison International, Series B, 5.00%			940		742,600
Naturgy Finance BV, 2.37%^(a)	EUR		200		149,948


					892,548

Food & Staples Retailing — 0.0%
Casino Guichard Perrachon SA, 3.99%^(a)(i)			100		32,175


Health Care Providers & Services — 0.0%
Korian SA, 4.13%^(a)(i)	GBP		200		167,496


Independent Power and Renewable Electricity Producers — 0.1%
Vistra Corp., 7.00%^(c)(i)	USD		1,272		1,110,469


Media — 0.0%
SES SA, 2.88%^(a)(i)	EUR		300		218,358


Oil, Gas & Consumable Fuels^(a)(i)— 0.0%
Abertis Infraestructuras Finance BV, 3.25%			200		158,472
Repsol International Finance BV, 4.25%			100		80,487


					238,959


Security		Par (000)		Value

Transportation Infrastructure — 0.0%
Poste Italiane SpA, 2.63%^(a)(i)	EUR		200	$	139,069


Utilities^(a)(i)— 0.1%
Electricite de France SA
3.00%			200		142,348
2.88%			200		149,203
3.38%			400		265,837


					557,388

Wireless Telecommunication Services — 0.1%
Vodafone Group PLC, 2.63%, 08/27/80^(a)			400		335,177


					12,734,960


		Shares

Preferred Stocks — 1.2%

Banks — 0.0%
CF-B L2 (D) LLC, (Acquired 04/08/15, Cost: $666,513)^(e)			680,898		11,398


Commercial Services & Supplies — 0.1%
Verscend Intermediate Holding^(f)			790		912,064


Insurance — 0.1%
Alliant Holdings, Inc.^(f)			1,431		1,269,513


Interactive Media & Services — 0.9%
ByteDance Ltd., Series E-1, (Acquired 11/11/20, Cost: $7,000,256)^(e)(f)			63,886		10,617,695


Wireless Telecommunication Services — 0.1%
Ligado Networks LLC^(p)			32,168		804,210


					13,614,880


Total Preferred Securities — 2.4% (Cost: $30,808,383)					26,349,840


Total Long-Term Investments — 132.2% (Cost: $1,741,326,423)					1,484,458,024


Short-Term Securities

Money Market Funds — 0.0%
BlackRock Liquidity Funds, T-Fund, Institutional Class, 2.79%^(q)(r)			393,505		393,505


Total Short-Term Securities — 0.0% (Cost: $393,505)					393,505


Options Purchased — 0.0% (Cost: $57,841)					60,724


Total Investments Before Options Written — 132.2% (Cost: $1,741,777,769)					1,484,912,253


Options Written — (0.0)% (Premiums Received: $(14,913))					(18,461	)


Total Investments, Net of Options Written — 132.2% (Cost: $1,741,762,856)					1,484,893,792

Liabilities in Excess of Other Assets — (32.2)%					(361,664,572	)


Net Assets — 100.0%				$	1,123,229,220

^(a)	This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(b)	Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

^(c)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(d)	Non-income producing security.

^(e)	Restricted security as to resale, excluding 144A securities. The Trust held restricted securities with a current value of $11,385,397, representing 1.0% of its net assets as of period end, and an original cost of $9,266,121.

^(f)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

^(g)	All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written.

^(h)	Issuer filed for bankruptcy and/or is in default.

⁽ⁱ⁾	Perpetual security with no stated maturity date.

^(j)	Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

^(k)	When-issued security.

^(l)	Zero-coupon bond.

^(m)	Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

⁽ⁿ⁾	Rounds to less than 1,000.

^(o)	Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate.

^(p)	All or a portion of the security is held by a wholly-owned subsidiary.

^(q)	Affiliate of the Trust.

^(r)	Annualized 7-day yield as of period end.

For Trust compliance purposes, the Trust’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.

Investments in issuers considered to be affiliate(s) of the Trust during the period ended September 30, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

Certain investments of the Trust were fair valued using net asset value (“NAV”) per share as no quoted market value is available and therefore have been excluded from the fair value hierarchy.

The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy. The breakdown of the Trust’s financial instruments into major categories is disclosed in the Consolidated Schedule of Investments above.

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, bank borrowings payable of $384,000,000 are categorized as Level 2 within the fair value hierarchy.

A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

The following table summarizes the valuation approaches used and unobservable inputs utilized by the BlackRock Valuation Committee to determine the value of certain of the Trust’s Level 3 financial instruments as of period end. The table does not include Level 3 financial instruments with values based upon unadjusted third-party pricing information in the amount of $20,347,649. A significant change in third party information could result in a significantly lower or higher value of such Level 3 financial instruments.



Affiliated Issuer	Value at 12/31/21		Purchases at Cost			Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 09/30/22		Shares Held at 09/30/22		Income		Capital Gain Distributions from Underlying Funds

BlackRock Liquidity Funds, T-Fund, Institutional Class	$	—	$	393,505	^(a)	$	—		$	—		$	—		$	393,505		393,505	$	6,861	$	—
iShares Preferred & Income Securities ETF^(b)		8,004,290		—			(6,688,816	)		(738,522	)		(576,952	)		—		—		100,052		—


									$	(738,522	)	$	(576,952	)	$	393,505			$	106,913	$	—



Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)

Short Contracts
Euro BOBL		1		12/08/22	$	117	$	3,237
10-Year U.S. Treasury Note		69		12/20/22		7,732		376,258
U.S. Long Bond		4		12/20/22		506		37,900
Ultra U.S. Treasury Bond		79		12/20/22		10,798		946,173


							$	1,363,568



Currency Purchased		Currency Sold			Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)

USD	70,397		EUR	70,000	Bank of America N.A.		12/21/22	$	1,374
USD	22,891,244		EUR	22,798,000	JPMorgan Chase Bank N.A.		12/21/22		411,580
USD	4,523,411		GBP	3,935,000	Citibank N.A.		12/21/22		124,625


									537,579


USD	80,828		EUR	82,000	State Street Bank and Trust Co.		12/21/22		(27	)


								$	537,552



Description	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)			Value

Put
Euro Stoxx 50		15		10/21/22		EUR	3,400.00		EUR	498	$	19,229
Euro Stoxx 50		2		11/18/22		EUR	3,400.00		EUR	66		3,379
Euro Stoxx 600 Automobiles & Parts Index		12		12/16/22		EUR	350.00		EUR	286		3,499
Euro Stoxx 600 Automobiles & Parts Index		7		12/16/22		EUR	470.00		EUR	167		10,393
Euro Stoxx 600 Chemicals Index		6		12/16/22		EUR	840.00		EUR	316		2,087
Euro Stoxx 600 Chemicals Index		5		12/16/22		EUR	1,040.00		EUR	263		12,325
Euro Stoxx 600 Personal & Household Goods Index		3		12/16/22		EUR	800.00		EUR	133		2,617


											$	53,529




Description	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)			Value


Put
Euro Stoxx 50		15		10/21/22		EUR	3,200.00		EUR	498	$	(6,931	)
Euro Stoxx 50		1		11/18/22		EUR	3,100.00		EUR	33		(612	)
Euro Stoxx 600 Automobiles & Parts Index		7		12/16/22		EUR	400.00		EUR	167		(3,910	)
Euro Stoxx 600 Chemicals Index		5		12/16/22		EUR	940.00		EUR	263		(4,802	)


											$	(16,255	)


C O N S O L I D A T E D S C H E D U L E O F I N V E S T M E N T S		2




Reference Obligation/Index	Financing Rate Paid by the Trust			Payment Frequency		Termination Date		Notional Amount (000)			Value		Upfront Premium Paid (Received)		Unrealized Appreciation (Depreciation)


iTRAXX.FINSUB.38.V1		1.00	%		Quarterly		12/20/27		EUR	127	$	9,549	$	10,212	$	(663	)
iTRAXX.XO.38.V1		5.00			Quarterly		12/20/27		EUR	120		6,012		5,245		767


											$	15,561	$	15,457	$	104




Reference Obligation/Index	Financing Rate Received by the Trust			Payment Frequency		Counterparty	Termination Date		Credit Rating^(a)	Notional Amount (000)^(b)			Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)


Casino, Guichard-Perrachon S.A		5.00	%		Quarterly	Goldman Sachs International		06/20/23	NR		EUR	78	$	(14,283	)	$	(6,544	)	$	(7,739	)
Casino, Guichard-Perrachon S.A		5.00			Quarterly	JPMorgan Chase Bank N.A.		06/20/23	B		EUR	80		(14,649	)		(5,168	)		(9,481	)
Casino, Guichard-Perrachon S.A		5.00			Quarterly	JPMorgan Chase Bank N.A.		06/20/23	B		EUR	52		(9,522	)		(3,627	)		(5,895	)



Paid by the Trust		Received by the Trust													Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
Rate/Reference	Frequency	Rate/Reference	Frequency	Counterparty	Effective Date		Termination Date		Notional Amount (000)			Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)


1-Day SOFR, 3.07%	Quarterly	Markit iBoxx $ Liquid High Yield Index	Monthly	JPMorgan Chase Bank N.A.		N/A		12/20/22		USD	1,000	$	(139,375	)	$	(23	)	$	(139,352	)
1-Day SOFR, 3.07%	Quarterly	Markit iBoxx $ Liquid High Yield Index	Monthly	Morgan Stanley & Co. International PLC		N/A		12/20/22		USD	3,084		(431,253	)		(72	)		(431,181	)
1-Day SOFR, 3.07%	Quarterly	Markit iBoxx $ Liquid High Yield Index	Monthly	Morgan Stanley & Co. International PLC		N/A		12/20/22		USD	2,859		(407,460	)		(67	)		(407,393	)
1-Day SOFR, 3.07%	Quarterly	Markit iBoxx $ Liquid High Yield Index	Monthly	Morgan Stanley & Co. International PLC		N/A		12/20/22		USD	1,513		(195,991	)		(69	)		(195,922	)
1-Day SOFR, 3.07%	Quarterly	Markit iBoxx $ Liquid High Yield Index	Monthly	Morgan Stanley & Co. International PLC		N/A		12/20/22		USD	3,071		(200,992	)		(1,074	)		(199,918	)
1-Day SOFR, 3.07%	Quarterly	Markit iBoxx $ Liquid High Yield Index	Monthly	Morgan Stanley & Co. International PLC		N/A		12/20/22		USD	9,430		(452,541	)		(4,334	)		(448,207	)
1-Day SOFR, 3.07%	Quarterly	Markit iBoxx $ Liquid High Yield Index	Monthly	BNP Paribas SA		N/A		03/20/23		USD	3,507		(170,551	)		(1,686	)		(168,865	)
1-Day SOFR, 3.07%	Quarterly	Markit iBoxx $ Liquid High Yield Index	Monthly	JPMorgan Chase Bank N.A.		N/A		03/20/23		USD	2,048		(152,588	)		(1,645	)		(150,943	)


												$	(2,150,751	)	$	(8,970	)	$	(2,141,781	)



	Level 1		Level 2		Level 3		Total

Assets
Investments
Long-Term Investments
Asset-Backed Securities	$	—	$	2,004,318	$	—	$	2,004,318
Common Stocks
Building Products		18,614		—		—		18,614
Chemicals		1,912,116		—		—		1,912,116
Consumer Finance		28		—		—		28
Containers & Packaging		—		756,304		—		756,304
Diversified Financial Services		—		—		22,236		22,236




	Common Stocks		Corporate Bonds			Floating Rate Loan Interests			Preferred Stocks			Total

Assets
Opening balance, as of December 31, 2021	$	22,236	$	—		$	15,655,042		$	12,823,367		$	28,500,645
Transfers into Level 3^(a)		—		45,808			10,982,690			—			11,028,498
Transfers out of Level 3^(b)		—		—			(51,527	)		—			(51,527	)
Accrued discounts/premiums		—		—			24,459			—			24,459
Net realized gain (loss)		—		1,292			(258,244	)		—			(256,952	)
Net change in unrealized appreciation (depreciation)^(c)		—		(12,442	)		(1,861,551	)		(24,095	)		(1,898,088	)




	Common Stocks		Corporate Bonds			Floating Rate Loan Interests			Preferred Stocks			Total


Purchases	$	—	$	—		$	2,869,652		$	—		$	2,869,652
Sales		—		(1,291	)		(7,068,475	)		—			(7,069,766	)


Closing balance, as of September 30, 2022	$	22,236	$	33,367		$	20,292,046		$	12,799,272		$	33,146,921


Net change in unrealized appreciation (depreciation) on investments still held at September 30, 2022^(c)	$	—	$	(12,442	)	$	(1,751,548	)	$	(24,095	)	$	(1,788,085	)


Currency Abbreviation

EUR		Euro

GBP		British Pound

USD		United States Dollar

Portfolio Abbreviation

CDI		CREST Depository Interest

CLO		Collateralized Loan Obligation

CME		Chicago Mercantile Exchange

CMT		Constant Maturity Treasury

DAC		Designated Activity Company

DIP		Debtor-In-Possession

EURIBOR		Euro Interbank Offered Rate

LIBOR		London Interbank Offered Rate

PIK		Payment-in-Kind

REIT		Real Estate Investment Trust

SOFR		Secured Overnight Financing Rate