PORTFOLIO OF INVESTMENTS – as of March 31, 2022 (Unaudited)

Loomis Sayles Strategic Alpha Fund

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – 83.1% of Net Assets
	Non-Convertible Bonds – 79.4%
		ABS Car Loan – 4.8%
$	2,590,000	American Credit Acceptance Receivables Trust, Series 2020-3, Class D, 2.400%, 6/15/2026, 144A(a)	$	2,554,318
	2,660,000	American Credit Acceptance Receivables Trust, Series 2020-4, Class D, 1.770%, 12/14/2026, 144A(a)		2,587,399
	1,210,000	Avid Automobile Receivables Trust, Series 2019-1, Class C, 3.140%, 7/15/2026, 144A(a)		1,211,998
	1,035,000	Avid Automobile Receivables Trust, Series 2019-1, Class D, 4.030%, 7/15/2026, 144A(a)		1,039,837
	330,000	Avis Budget Rental Car Funding AESOP LLC, Series 2018-1A, Class C, 4.730%, 9/20/2024, 144A		333,316
	1,165,000	Avis Budget Rental Car Funding AESOP LLC, Series 2019-2A, Class C, 4.240%, 9/22/2025, 144A		1,173,143
	1,565,000	Avis Budget Rental Car Funding AESOP LLC, Series 2020-1A, Class B, 2.680%, 8/20/2026, 144A(a)		1,501,619
	2,360,000	Avis Budget Rental Car Funding AESOP LLC, Series 2020-1A, Class C, 3.020%, 8/20/2026, 144A		2,238,027
	1,200,000	Avis Budget Rental Car Funding AESOP LLC, Series 2020-2A, Class B, 2.960%, 2/20/2027, 144A(a)		1,162,718
	1,800,000	Avis Budget Rental Car Funding AESOP LLC, Series 2020-2A, Class C, 4.250%, 2/20/2027, 144A		1,780,297
	1,785,000	California Republic Auto Receivables Trust, Series 2018-1, Class D, 4.330%, 4/15/2025(a)		1,797,377
	1,125,000	CarMax Auto Owner Trust, Series 2018-4, Class D, 4.150%, 4/15/2025(a)		1,137,224
	2,350,000	CarMax Auto Owner Trust, Series 2019-1, Class D, 4.040%, 8/15/2025(a)		2,368,196
	610,000	Carvana Auto Receivables Trust, Series 2021-N4, Class D, 2.300%, 9/11/2028		576,856
	4,008,380	Credit Acceptance Auto Loan Trust, Series 2019-1A, Class C, 3.940%, 6/15/2028, 144A(a)		4,016,334
	1,180,000	Credit Acceptance Auto Loan Trust, Series 2020-3A, Class C, 2.280%, 2/15/2030, 144A(a)		1,138,703
	1,655,000	DT Auto Owner Trust, Series 2019-2A, Class D, 3.480%, 2/18/2025, 144A(a)		1,663,887
	1,110,000	DT Auto Owner Trust, Series 2020-3A, Class D, 1.840%, 6/15/2026, 144A(a)		1,056,653
	1,265,000	Exeter Automobile Receivables Trust, Series 2020-2A, Class D, 4.730%, 4/15/2026, 144A(a)		1,286,129
	800,000	Exeter Automobile Receivables Trust, Series 2020-3A, Class C, 1.320%, 7/15/2025(a)		793,582
	635,000	First Investors Auto Owner Trust, Series 2019-2A, Class D, 2.800%, 12/15/2025, 144A(a)		633,473
	1,475,000	First Investors Auto Owner Trust, Series 2019-2A, Class E, 3.880%, 1/15/2026, 144A(a)		1,453,090
	3,305,000	Flagship Credit Auto Trust, Series 2019-2, Class D, 3.530%, 5/15/2025, 144A(a)		3,300,744
	3,120,000	GLS Auto Receivables Issuer Trust, Series 2021-4A, Class D, 2.480%, 10/15/2027, 144A		2,903,235
	5,030,000	GLS Auto Receivables Trust, Series 2019-2A, Class C, 3.540%, 2/18/2025, 144A(a)		5,074,372

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Car Loan – continued
$	4,540,000	GLS Auto Receivables Trust, Series 2020-3A, Class C, 1.920%, 5/15/2025, 144A(a)	$	4,505,605
	910,000	Prestige Auto Receivables Trust, Series 2019-1A, Class E, 3.900%, 5/15/2026, 144A		906,284
	985,000	Prestige Auto Receivables Trust, Series 2020-1A, Class E, 3.670%, 2/15/2028, 144A		973,802
	3,210,000	Santander Drive Auto Receivables Trust, Series 2020-1, Class D, 5.350%, 3/15/2028(a)		3,288,184
	1,140,000	Santander Drive Auto Receivables Trust, Series 2020-2, Class D, 2.220%, 9/15/2026(a)		1,131,220
	1,675,000	Westlake Automobile Receivables Trust, Series 2020-3A, Class D, 1.650%, 2/17/2026, 144A(a)		1,622,910
				57,210,532
		ABS Credit Card – 0.9%
	775,000	Brex Commercial Charge Card Master Trust, Series 2021-1, Class A, 2.090%, 7/15/2024, 144A(a)		766,185
	2,845,000	Mercury Financial Credit Card Master Trust, Series 2021-1A, Class A, 1.540%, 3/20/2026, 144A(a)		2,760,721
	6,995,000	World Financial Network Credit Card Master Trust, Series 2019-C, Class M, 2.710%, 7/15/2026(a)		7,021,593
				10,548,499
		ABS Home Equity – 6.1%
	151,825	Alternative Loan Trust, Series 2004-16CB, Class 1A1, 5.500%, 7/25/2034(a)		151,128
	156,445	Alternative Loan Trust, Series 2004-16CB, Class 3A1, 5.500%, 8/25/2034(a)		156,129
	192,192	Alternative Loan Trust, Series 2005-J1, Class 2A1, 5.500%, 2/25/2025		190,434
	300,000	American Homes 4 Rent, Series 2014-SFR2, Class D, 5.149%, 10/17/2036, 144A(a)		303,190
	2,170,000	American Homes 4 Rent, Series 2014-SFR2, Class E, 6.231%, 10/17/2036, 144A(a)		2,235,309
	1,200,000	American Homes 4 Rent, Series 2014-SFR3, Class E, 6.418%, 12/17/2036, 144A(a)		1,234,879
	3,138,000	American Homes 4 Rent, Series 2015-SFR1, Class E, 5.639%, 4/17/2052, 144A		3,206,004
	274,402	Banc of America Alternative Loan Trust, Series 2003-8, Class 1CB1, 5.500%, 10/25/2033		273,477
	301,343	Banc of America Funding Trust, Series 2005-7, Class 3A1, 5.750%, 11/25/2035(a)		311,311
	131,828	Banc of America Funding Trust, Series 2007-4, Class 5A1, 5.500%, 11/25/2034		127,313
	2,315,000	BINOM Securitization Trust, Series 2022-RPL1, Class M1, 3.000%, 2/25/2061, 144A(a)(b)		2,203,405
	2,389,851	CIM Trust, Series 2021-NR2, Class A1, 2.568%, 7/25/2059, 144A(b)		2,311,725
	3,192,721	Citigroup Mortgage Loan Trust, Series 2019-E, Class A1, 3.228%, 11/25/2070, 144A(b)		3,191,593
	526,110	Connecticut Avenue Securities Trust, Series 2020-R01, Class 1M2, 1-month LIBOR + 2.050%, 2.507%, 1/25/2040, 144A(c)		525,479

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Home Equity – continued
$	1,830,000	CoreVest American Finance Ltd., Series 2019-2, Class B, 3.424%, 6/15/2052, 144A(a)	$	1,775,363
	245,000	CoreVest American Finance Trust, Series 2020-2, Class C, 4.746%, 5/15/2052, 144A(a)(b)		247,762
	1,340,000	CoreVest American Finance Trust, Series 2020-4, Class C, 2.250%, 12/15/2052, 144A		1,182,570
	305,853	Countrywide Alternative Loan Trust, Series 2003-22CB, Class 1A1, 5.750%, 12/25/2033		304,641
	438,887	Countrywide Alternative Loan Trust, Series 2004-J10, Class 2CB1, 6.000%, 9/25/2034		439,033
	34,812	Countrywide Home Loan Mortgage Pass Through Trust, Series 2004-HYB4, Class 2A1, 2.716%, 9/20/2034(b)		34,436
	2,068,596	Credit Suisse Mortgage Trust, Series 2019-RP10, Class A1, 2.942%, 12/26/2059, 144A(b)		2,051,048
	1,427,584	Credit Suisse Mortgage Trust, Series 2020-RPL3, Class A1, 2.691%, 3/25/2060, 144A(b)		1,400,092
	2,221,594	Credit Suisse Mortgage Trust, Series 2021-RPL4, Class A1, 1.796%, 12/27/2060, 144A(b)		2,148,970
	121,249	CSFB Mortgage-Backed Pass-Through Certificates, Series 2003-27, Class 4A4, 5.750%, 11/25/2033(a)		124,072
	367,517	DSLA Mortgage Loan Trust, Series 2005-AR5, Class 2A1A, 1-month LIBOR + 0.660%, 1.109%, 9/19/2045(c)		264,232
	917,842	Federal National Mortgage Association Connecticut Avenue Securities, Series 2017-C05, Class 1M2, 1-month LIBOR + 2.200%, 2.657%, 1/25/2030(a)(c)		922,364
	1,715,000	FirstKey Homes Trust, Series 2020-SFR1, Class E, 2.791%, 8/17/2037, 144A		1,598,913
	4,165,000	FirstKey Homes Trust, Series 2020-SFR2, Class E, 2.668%, 10/19/2037, 144A		3,830,530
	267,008	GCAT Trust, Series 2019-RPL1, Class A1, 2.650%, 10/25/2068, 144A(a)(b)		262,350
	252,220	Home Partners of America Trust, Series 2021-1, Class E, 2.577%, 9/17/2041, 144A		227,082
	415,691	IndyMac Index Mortgage Loan Trust, Series 2004-AR7, Class A5, 1-month LIBOR + 1.220%, 1.677%, 9/25/2034(c)		391,521
	1,843,121	IndyMac Index Mortgage Loan Trust, Series 2006-AR2, Class 2A1, 1-month LIBOR + 0.420%, 0.877%, 2/25/2046(c)		1,450,083
	759,905	JPMorgan Mortgage Trust, Series 2004-S1, Class 2A1, 6.000%, 9/25/2034		768,802
	1,567,875	Legacy Mortgage Asset Trust, Series 2020-GS1, Class A1, 2.882%, 10/25/2059, 144A(b)		1,567,807
	1,077,772	Legacy Mortgage Asset Trust, Series 2020-GS5, Class A1, 3.250%, 6/25/2060, 144A(b)		1,068,361
	310,970	Lehman XS Trust, Series 2006-2N, Class 1A1, 1-month LIBOR + 0.520%, 0.977%, 2/25/2046(c)		276,382
	181,107	MASTR Adjustable Rate Mortgages Trust, Series 2004-4, Class 5A1, 2.750%, 5/25/2034(a)(b)		182,777
	177,496	MASTR Alternative Loan Trust, Series 2003-9, Class 4A1, 5.250%, 11/25/2033(a)		176,904
	144,874	MASTR Alternative Loan Trust, Series 2004-5, Class 1A1, 5.500%, 6/25/2034(a)		144,488

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Home Equity – continued
$	164,645	MASTR Alternative Loan Trust, Series 2004-5, Class 2A1, 6.000%, 6/25/2034(a)	$	164,968
	509,892	MASTR Alternative Loan Trust, Series 2004-8, Class 2A1, 6.000%, 9/25/2034		508,883
	28,913	Merrill Lynch Mortgage Investors Trust, Series 2006-2, Class 2A, 2.067%, 5/25/2036(b)		29,121
	245,000	Mill City Mortgage Trust, Series 2021-NMR1, Class M2, 2.500%, 11/25/2060, 144A(a)(b)		226,267
	276,756	Morgan Stanley Mortgage Loan Trust, Series 2005-7, Class 4A2, 5.500%, 11/25/2035		224,122
	541,361	Morgan Stanley Mortgage Loan Trust, Series 2005-7, Class 7A5, 5.500%, 11/25/2035		549,823
	1,005,000	Progress Residential Trust, Series 2019-SFR3, Class D, 2.871%, 9/17/2036, 144A(a)		964,424
	785,000	Progress Residential Trust, Series 2020-SFR3, Class E, 2.296%, 10/17/2027, 144A		706,302
	795,000	Progress Residential Trust, Series 2021-SFR2, Class E2, 2.647%, 4/19/2038, 144A		718,152
	570,000	Progress Residential Trust, Series 2021-SFR3, Class E1, 2.538%, 5/17/2026, 144A		509,408
	470,000	Progress Residential Trust, Series 2021-SFR3, Class E2, 2.688%, 5/17/2026, 144A		418,935
	930,000	Progress Residential Trust, Series 2021-SFR5, Class E1, 2.209%, 7/17/2038, 144A		830,578
	400,000	Progress Residential Trust, Series 2021-SFR5, Class E2, 2.359%, 7/17/2038, 144A		354,558
	585,000	Progress Residential Trust, Series 2021-SFR6, Class E2, 2.525%, 7/17/2038, 144A		516,467
	415,000	Progress Residential Trust, Series 2021-SFR7, Class E2, 2.640%, 8/17/2040, 144A		362,003
	1,239,611	PRPM LLC, Series 2021-2, Class A1, 2.115%, 3/25/2026, 144A(b)		1,197,601
	2,585,428	PRPM LLC, Series 2021-3, Class A1, 1.867%, 4/25/2026, 144A(b)		2,470,068
	3,393,006	PRPM LLC, Series 2021-4, Class A1, 1.867%, 4/25/2026, 144A(b)		3,224,750
	2,072,999	PRPM LLC, Series 2021-9, Class A1, 2.363%, 10/25/2026, 144A(b)		2,019,970
	1,906,641	Structured Adjustable Rate Mortgage Loan Trust, Series 2005-14, Class A1, 1-month LIBOR + 0.310%, 0.767%, 7/25/2035(c)		1,337,258
	655,000	Towd Point Mortgage Trust, Series 2018-5, Class M1, 3.250%, 7/25/2058, 144A(a)(b)		630,976
	4,393,423	Towd Point Mortgage Trust, Series 2019-4, Class A1, 2.900%, 10/25/2059, 144A(a)(b)		4,313,856
	1,040,000	Tricon American Homes, Series 2020-SFR1, Class E, 3.544%, 7/17/2038, 144A		977,237
	1,170,000	Tricon American Homes Trust, Series 2020-SFR2, Class E1, 2.730%, 11/17/2039, 144A		1,045,694
	706,159	VCAT LLC, Series 2021-NPL1, Class A1, 2.289%, 12/26/2050, 144A(b)		687,193
	1,203,557	VCAT LLC, Series 2021-NPL5, Class A1, 1.868%, 8/25/2051, 144A(b)		1,155,538

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Home Equity – continued
$	1,211,382	VOLT XCII LLC, Series 2021-NPL1, Class A1, 1.893%, 2/27/2051, 144A(b)	$	1,173,711
	3,196,166	VOLT XCIII LLC, Series 2021-NPL2, Class A1, 1.893%, 2/27/2051, 144A(b)		3,097,270
	1,538,148	VOLT XCIV LLC, Series 2021-NPL3, Class A1, 2.240%, 2/27/2051, 144A(b)		1,477,715
	2,035,292	VOLT XCVI LLC, Series 2021-NPL5, Class A1, 2.116%, 3/27/2051, 144A(b)		1,981,800
				73,136,607
		ABS Other – 4.3%
	526,938	Accelerated Assets LLC, Series 2018-1, Class B, 4.510%, 12/02/2033, 144A		521,311
	995,000	Affirm Asset Securitization Trust, Series 2021-A, Class C, 1.660%, 8/15/2025, 144A		985,871
	2,218,114	AIM Aviation Finance Ltd., Series 2015-1A, Class B1, 7.072%, 2/15/2040, 144A(b)		705,305
	2,044,525	Apollo Aviation Securitization Equity Trust, Series 2021-1A, Class A, 2.950%, 11/16/2041, 144A(a)		1,687,927
	2,340,000	BHG Securitization Trust, Series 2022-A, Class B, 2.700%, 2/20/2035, 144A(a)		2,236,077
	841,161	Blackbird Capital Aircraft Lease Securitization Ltd., Series 2016-1A, Class A, 4.213%, 12/16/2041, 144A(a)(b)		784,915
	511,967	Castlelake Aircraft Structured Trust, Series 2017-1R, Class A, 2.741%, 8/15/2041, 144A(a)		452,055
	5,253,179	CLI Funding VIII LLC, Series 2021-1A, Class A, 1.640%, 2/18/2046, 144A(a)		4,768,916
	887,775	DB Master Finance LLC, Series 2021-1A, Class A2II, 2.493%, 11/20/2051, 144A		800,349
	610,156	Diamond Resorts Owner Trust, Series 2018-1, Class C, 4.530%, 1/21/2031, 144A		611,379
	765,722	Diamond Resorts Owner Trust, Series 2019-1, Class B, 3.530%, 2/20/2032, 144A(a)		758,168
	305,000	Freedom Financial Trust, Series 2021-2, Class C, 1.940%, 6/19/2028, 144A		299,660
	304,104	Hilton Grand Vacations Trust, Series 2018-AA, Class C, 4.000%, 2/25/2032, 144A(a)		301,869
	975,000	HPEFS Equipment Trust, Series 2020-1A, Class D, 2.260%, 2/20/2030, 144A(a)		968,220
	5,900,000	HPEFS Equipment Trust, Series 2020-2A, Class D, 2.790%, 7/22/2030, 144A(a)		5,896,628
	700,000	HPEFS Equipment Trust, Series 2021-1A, Class D, 1.030%, 3/20/2031, 144A(a)		666,696
	1,987,441	Kestrel Aircraft Funding Ltd., Series 2018-1A, Class A, 4.250%, 12/15/2038, 144A		1,808,538
	1,003,468	MAPS Ltd., Series 2018-1A, Class A, 4.212%, 5/15/2043, 144A(a)		938,319
	1,312,597	MAPS Ltd., Series 2018-1A, Class B, 5.193%, 5/15/2043, 144A		1,121,431
	310,000	Marlette Funding Trust, Series 2021-2A, Class C, 1.500%, 9/15/2031, 144A(a)		293,494

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Other – continued
$	270,784	MVW LLC, Series 2020-1A, Class C, 4.210%, 10/20/2037, 144A	$	269,134
	260,126	MVW Owner Trust, Series 2019-1A, Class C, 3.330%, 11/20/2036, 144A		253,625
	730,000	Navient Private Education Refi Loan Trust, Series 2020-HA, Class B, 2.780%, 1/15/2069, 144A(a)		691,108
	340,827	OneMain Financial Issuance Trust, Series 2015-3A, Class B, 4.160%, 11/20/2028, 144A(a)		341,105
	3,230,000	OneMain Financial Issuance Trust, Series 2019-1A, Class D, 4.220%, 2/14/2031, 144A		3,234,455
	1,110,000	OneMain Financial Issuance Trust, Series 2020-1A, Class B, 4.830%, 5/14/2032, 144A(a)		1,122,499
	1,020,000	OneMain Financial Issuance Trust, Series 2020-2A, Class C, 2.760%, 9/14/2035, 144A(a)		956,807
	810,000	OneMain Financial Issuance Trust, Series 2021-1A, Class D, 2.470%, 6/16/2036, 144A		716,170
	3,619,472	S-Jets Ltd., Series 2017-1, Class A, 3.967%, 8/15/2042, 144A		3,066,563
	1,117,087	Sierra Timeshare Receivables Funding LLC, Series 2020-2A, Class C, 3.510%, 7/20/2037, 144A		1,096,752
	1,029,348	SLAM Ltd., Series 2021-1A, Class B, 3.422%, 6/15/2046, 144A(a)		954,657
	212,355	SoFi Consumer Loan Program Trust, Series 2018-4, Class C, 4.170%, 11/26/2027, 144A(a)		213,140
	2,404,375	SpringCastle America Funding LLC, Series 2020-AA, Class A, 1.970%, 9/25/2037, 144A(a)		2,324,151
	3,254	Sprite Ltd., Series 2017-1, Class A, 4.250%, 12/15/2037, 144A		3,181
	306,243	Sprite Ltd., Series 2017-1, Class B, 5.750%, 12/15/2037, 144A		262,010
	368,326	Textainer Marine Containers VII Ltd., Series 2020-1A, Class A, 2.730%, 8/21/2045, 144A(a)		356,803
	2,566,467	Textainer Marine Containers VII Ltd., Series 2021-1A, Class A, 1.680%, 2/20/2046, 144A(a)		2,322,243
	3,933,948	TIF Funding II LLC, Series 2021-1A, Class A, 1.650%, 2/20/2046, 144A(a)		3,531,470
	1,770,287	Wave Trust, Series 2017-1A, Class A, 3.844%, 11/15/2042, 144A		1,668,027
	568,269	Willis Engine Structured Trust IV, Series 2018-A, Class A, 4.750%, 9/15/2043, 144A(a)(b)		518,992
	752,807	Willis Engine Structured Trust V, Series 2020-A, Class A, 3.228%, 3/15/2045, 144A(a)		679,542
				51,189,562
		ABS Student Loan – 1.3%
	230,659	Commonbond Student Loan Trust, Series 2021-AGS, Class B, 1.400%, 3/25/2052, 144A(a)		211,238
	1,415,024	Education Funding Trust, Series 2020-A, Class A, 2.790%, 7/25/2041, 144A(a)		1,366,771
	1,035,000	Navient Private Education Refi Loan Trust, Series 2018-A, Class B, 3.680%, 2/18/2042, 144A(a)		1,041,172

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Student Loan – continued
$	1,775,000	Navient Private Education Refi Loan Trust, Series 2018-CA, Class B, 4.220%, 6/16/2042, 144A(a)	$	1,791,297
	3,410,000	Navient Private Education Refi Loan Trust, Series 2019-FA, Class B, 3.120%, 8/15/2068, 144A(a)		3,262,275
	695,000	Navient Private Education Refi Loan Trust, Series 2019-GA, Class B, 3.080%, 10/15/2068, 144A(a)		674,452
	320,000	Navient Private Education Refi Loan Trust, Series 2020-DA, Class B, 3.330%, 5/15/2069, 144A(a)		308,087
	1,290,000	Navient Private Education Refi Loan Trust, Series 2020-FA, Class B, 2.690%, 7/15/2069, 144A(a)		1,233,656
	810,000	Nelnet Student Loan Trust, Series 2021-DA, Class B, 2.900%, 4/20/2062, 144A(a)		748,456
	457,000	SLM Private Credit Student Loan Trust, Series 2003-A, Class A3, 28-day ARS, 3.957%, 6/15/2032(a)(c)		452,946
	1,336,000	SLM Private Credit Student Loan Trust, Series 2003-B, Class A3, 28-day ARS, 3.810%, 3/15/2033(a)(c)		1,326,565
	143,000	SLM Private Credit Student Loan Trust, Series 2003-B, Class A4, 28-day ARS, 3.852%, 3/15/2033(a)(c)		141,990
	800,000	SMB Private Education Loan Trust, Series 2015-C, Class B, 3.500%, 9/15/2043, 144A(a)		783,273
	642,551	SMB Private Education Loan Trust, Series 2017-B, Class A2B, 1-month LIBOR + 0.750%, 1.147%, 10/15/2035, 144A(a)(c)		640,479
	190,000	SMB Private Education Loan Trust, Series 2018-B, Class B, 4.000%, 7/15/2042, 144A(a)		189,489
	510,000	SMB Private Education Loan Trust, Series 2018-C, Class B, 4.000%, 11/17/2042, 144A(a)		508,676
	125,000	SoFi Professional Loan Program LLC, Series 2016-C, Class B, 3.350%, 5/25/2037, 144A(a)(b)		125,293
	1,350,000	SoFi Professional Loan Program Trust, Series 2020-A, Class BFX, 3.120%, 5/15/2046, 144A(a)		1,290,159
				16,096,274
		ABS Whole Business – 2.1%
	3,947,659	Adams Outdoor Advertising LP, Series 2018-1, Class A, 4.810%, 11/15/2048, 144A(a)		3,996,286
	2,257,125	DB Master Finance LLC, Series 2019-1A, Class A23, 4.352%, 5/20/2049, 144A		2,255,073
	2,912,640	Domino’s Pizza Master Issuer LLC, Series 2017-1A, Class A23, 4.118%, 7/25/2047, 144A(a)		2,888,366
	98,000	Domino’s Pizza Master Issuer LLC, Series 2019-1A, Class A2, 3.668%, 10/25/2049, 144A		93,950
	3,483,675	Domino’s Pizza Master Issuer LLC, Series 2021-1A, Class A2I, 2.662%, 4/25/2051, 144A(a)		3,229,774
	3,005,813	Planet Fitness Master Issuer LLC, Series 2019-1A, Class A2, 3.858%, 12/05/2049, 144A		2,825,785
	2,529,525	Stack Infrastructure Issuer LLC, Series 2019-1A, Class A2, 4.540%, 2/25/2044, 144A(a)		2,540,836
	4,016,713	Wendy’s Funding LLC, Series 2018-1A, Class A2II, 3.884%, 3/15/2048, 144A		3,972,617
	990,900	Wendy’s Funding LLC, Series 2019-1A, Class A2II, 4.080%, 6/15/2049, 144A		988,137

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Whole Business – continued
$	1,444,088	Wendy’s Funding LLC, Series 2021-1A, Class A2I, 2.370%, 6/15/2051, 144A	$	1,284,389
	895,500	Wingstop Funding LLC, Series 2020-1A, Class A2, 2.841%, 12/05/2050, 144A		830,555
				24,905,768
		Aerospace & Defense – 1.8%
	6,430,000	Boeing Co. (The), 2.196%, 2/04/2026(a)		6,079,028
	1,065,000	Boeing Co. (The), 3.375%, 6/15/2046		881,021
	90,000	Boeing Co. (The), 3.625%, 3/01/2048		76,374
	2,135,000	Boeing Co. (The), 3.750%, 2/01/2050		1,909,950
	375,000	Boeing Co. (The), 3.825%, 3/01/2059		307,990
	325,000	Boeing Co. (The), 3.850%, 11/01/2048		284,951
	1,420,000	Boeing Co. (The), 3.900%, 5/01/2049		1,281,293
	135,000	Boeing Co. (The), 3.950%, 8/01/2059		116,951
	1,870,000	Boeing Co. (The), 5.150%, 5/01/2030		1,994,276
	2,480,000	Boeing Co. (The), 5.805%, 5/01/2050		2,863,748
	2,550,000	Leonardo U.S. Holdings, Inc., 6.250%, 1/15/2040, 144A		2,899,401
	305,000	Spirit AeroSystems, Inc., 4.600%, 6/15/2028		286,293
	2,580,000	Spirit AeroSystems, Inc., 7.500%, 4/15/2025, 144A		2,673,022
				21,654,298
		Airlines – 0.6%
	640,000	American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.500%, 4/20/2026, 144A		644,800
	735,000	American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.750%, 4/20/2029, 144A		732,244
	5,807,325	United Airlines Pass Through Trust, Series 2019-2, Class B, 3.500%, 11/01/2029		5,237,046
	622,080	United Airlines Pass Through Trust, Series 2020-1, Class B, 4.875%, 7/15/2027		610,509
				7,224,599
		Automotive – 1.8%
	1,775,000	Allison Transmission, Inc., 3.750%, 1/30/2031, 144A		1,610,191
	4,935,000	Aptiv PLC/Aptiv Corp., 2.396%, 2/18/2025(a)		4,807,279

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Automotive – continued
$	6,105,000	Ford Motor Co., 3.250%, 2/12/2032	$	5,452,559
	1,010,000	Ford Motor Credit Co. LLC, 3.625%, 6/17/2031		912,308
	330,000	General Motors Co., 5.200%, 4/01/2045		334,018
	2,530,000	General Motors Co., 5.400%, 4/01/2048		2,659,918
	2,905,000	General Motors Co., 5.950%, 4/01/2049		3,228,313
	1,365,000	General Motors Financial Co., Inc., 1.200%, 10/15/2024		1,295,788
	1,455,000	General Motors Financial Co., Inc., Series A, (fixed rate to 9/30/2027, variable rate thereafter), 5.750%(d)		1,451,362
	470,000	General Motors Financial Co., Inc., Series C, (fixed rate to 9/30/2030, variable rate thereafter), 5.700%(d)		492,419
				22,244,155
		Banking – 8.6%
	2,530,000	Ally Financial, Inc., Series B, (fixed rate to 5/15/2026, variable rate thereafter), 4.700%(d)		2,381,514
	2,400,000	Ally Financial, Inc., Series C, (fixed rate to 5/15/2028, variable rate thereafter), 4.700%(d)		2,184,000
	2,025,000	ANZ New Zealand International Ltd., 2.166%, 2/18/2025, 144A(a)		1,972,430
	21,970,000	Banco Macro S.A., 17.500%, 5/08/2022, 144A, (ARS)		112,456
	6,540,000	Bank of America Corp., (fixed rate to 02/04/2024, variable rate thereafter), 1.843%, 2/04/2025(a)		6,394,349
	7,290,000	Bank of Nova Scotia (The), 0.650%, 7/31/2024(a)		6,933,692
	2,025,000	Barclays PLC, (fixed rate to 3/15/2028, variable rate thereafter), 4.375%(d)		1,783,519
	4,460,000	Barclays PLC, (fixed rate to 9/23/2030, variable rate thereafter), 3.564%, 9/23/2035(a)		4,107,806
	6,580,000	Citigroup, Inc., (fixed rate to 1/25/2025, variable rate thereafter), 2.014%, 1/25/2026(a)		6,334,427
	1,330,000	Citigroup, Inc., (fixed rate to 5/01/2024, variable rate thereafter), 0.981%, 5/01/2025(a)		1,267,859
	5,695,000	Deutsche Bank AG, (fixed rate to 10/14/2030, variable rate thereafter), 3.729%, 1/14/2032		5,079,643
	5,995,000	Deutsche Bank AG, (fixed rate to 4/01/2024, variable rate thereafter), 1.447%, 4/01/2025(a)		5,725,618
	6,540,000	Goldman Sachs Group, Inc. (The), (fixed rate to 1/24/2024, variable rate thereafter), 1.757%, 1/24/2025(a)		6,375,861
	6,595,000	JPMorgan Chase & Co., (fixed rate to 2/24/2025, variable rate thereafter), 2.595%, 2/24/2026(a)		6,467,877
	7,370,000	JPMorgan Chase & Co., (fixed rate to 8/09/2024, variable rate thereafter), 0.768%, 8/09/2025(a)		6,985,784

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Banking – continued
$	7,615,000	Mitsubishi UFJ Financial Group, Inc., (fixed rate to 10/11/2024, variable rate thereafter), 0.962%, 10/11/2025(a)	$	7,177,524
	7,575,000	Morgan Stanley, (fixed rate to 10/21/2024, variable rate thereafter), MTN, 1.164%, 10/21/2025(a)		7,198,977
	6,595,000	Morgan Stanley, (fixed rate to 2/18/2025, variable rate thereafter), 2.630%, 2/18/2026(a)		6,469,301
	7,275,000	Morgan Stanley, GMTN, (fixed rate to 1/22/2024, variable rate thereafter), 0.791%, 1/22/2025(a)		6,983,762
	6,615,000	Royal Bank of Canada, 1.200%, 4/27/2026(a)		6,121,981
	3,550,000	Standard Chartered PLC, (fixed rate to 11/18/2030, variable rate thereafter), 3.265%, 2/18/2036, 144A(a)		3,182,504
	2,255,000	UniCredit SpA, (fixed rate to 9/22/2025, variable rate thereafter), 2.569%, 9/22/2026, 144A		2,083,397
				103,324,281
		Building Materials – 1.1%
	7,070,000	Cemex SAB de CV, 3.875%, 7/11/2031, 144A		6,451,446
	3,360,000	Cemex SAB de CV, 5.200%, 9/17/2030, 144A		3,343,200
	1,725,000	Cemex SAB de CV, 5.450%, 11/19/2029, 144A		1,744,423
	1,720,000	Cemex SAB de CV, (fixed rate to 6/08/2026, variable rate thereafter), 5.125%, 144A(d)		1,687,750
				13,226,819
		Cable Satellite – 3.9%
	5,960,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.250%, 2/01/2031, 144A		5,432,421
	1,805,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.250%, 1/15/2034, 144A		1,567,633
	1,585,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.500%, 8/15/2030, 144A		1,487,194
	1,050,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.500%, 5/01/2032		960,435
	3,435,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.750%, 2/01/2032, 144A		3,198,809
	310,000	CCO Holdings LLC/CCO Holdings Capital Corp., 5.375%, 6/01/2029, 144A		310,000
	14,425,000	Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 4.400%, 12/01/2061(a)		12,556,593
	11,295,000	CSC Holdings LLC, 4.625%, 12/01/2030, 144A		9,445,896
	405,000	CSC Holdings LLC, 5.000%, 11/15/2031, 144A		339,333
	405,000	CSC Holdings LLC, 5.750%, 1/15/2030, 144A		360,450
	420,000	CSC Holdings LLC, 6.500%, 2/01/2029, 144A		423,335

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Cable Satellite – continued
$	2,155,000	DISH DBS Corp., 5.125%, 6/01/2029	$	1,835,176
	6,635,000	DISH DBS Corp., 5.250%, 12/01/2026, 144A		6,319,837
	1,660,000	Virgin Media Finance PLC, 5.000%, 7/15/2030, 144A		1,567,862
	1,725,000	Ziggo BV, 4.875%, 1/15/2030, 144A		1,623,829
				47,428,803
		Chemicals – 0.8%
	1,045,000	Alpek SAB de CV, 3.250%, 2/25/2031, 144A		952,256
	1,330,000	Ashland LLC, 3.375%, 9/01/2031, 144A		1,173,725
	2,115,000	Braskem Netherlands Finance BV, 4.500%, 1/31/2030, 144A		2,046,876
	1,335,000	Braskem Netherlands Finance BV, 5.875%, 1/31/2050, 144A		1,324,320
	210,000	INEOS Quattro Finance 2 PLC, 3.375%, 1/15/2026, 144A		195,521
	2,865,000	Orbia Advance Corp. SAB de CV, 2.875%, 5/11/2031, 144A		2,542,057
	730,000	SPCM S.A., 3.125%, 3/15/2027, 144A		671,600
	645,000	SPCM S.A., 3.375%, 3/15/2030, 144A		566,245
				9,472,600
		Construction Machinery – 1.2%
	3,670,000	Caterpillar Financial Services Corp., MTN, 0.600%, 9/13/2024(a)		3,497,448
	5,370,000	Caterpillar Financial Services Corp., MTN, 0.950%, 1/10/2024(a)		5,231,257
	2,730,000	John Deere Capital Corp., MTN, 0.625%, 9/10/2024(a)		2,612,529
	820,000	United Rentals North America, Inc., 3.750%, 1/15/2032		764,650
	765,000	United Rentals North America, Inc., 3.875%, 2/15/2031		721,013
	1,250,000	United Rentals North America, Inc., 4.000%, 7/15/2030		1,195,412
				14,022,309
		Consumer Cyclical Services – 1.7%
	1,750,000	Go Daddy Operating Co. LLC/GD Finance Co., Inc., 3.500%, 3/01/2029, 144A		1,609,073
	925,000	TriNet Group, Inc., 3.500%, 3/01/2029, 144A		849,844
	11,700,000	Uber Technologies, Inc., 4.500%, 8/15/2029, 144A		10,968,750

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Consumer Cyclical Services – continued
$	680,000	Uber Technologies, Inc., 6.250%, 1/15/2028, 144A	$	703,079
	5,440,000	Uber Technologies, Inc., 7.500%, 9/15/2027, 144A		5,800,454
				19,931,200
		Consumer Products – 0.1%
	1,605,000	Natura Cosmeticos S.A., 4.125%, 5/03/2028, 144A		1,545,214
		Electric – 1.3%
	2,735,000	Calpine Corp., 3.750%, 3/01/2031, 144A		2,448,331
	1,165,000	Calpine Corp., 5.125%, 3/15/2028, 144A		1,109,756
	3,805,000	Edison International, Series A, (fixed rate to 3/15/2026, variable rate thereafter), 5.375%(d)		3,670,874
	2,645,000	NRG Energy, Inc., 3.625%, 2/15/2031, 144A		2,326,515
	1,120,000	NRG Energy, Inc., 3.875%, 2/15/2032, 144A		985,600
	1,075,000	NRG Energy, Inc., 5.750%, 1/15/2028		1,092,635
	1,785,000	Pacific Gas & Electric Co., 3.500%, 8/01/2050		1,437,023
	2,135,000	Pacific Gas & Electric Co., 4.300%, 3/15/2045		1,818,510
	255,000	Pacific Gas & Electric Co., 4.950%, 7/01/2050		240,184
				15,129,428
		Finance Companies – 4.8%
	1,140,000	AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 6.500%, 7/15/2025		1,207,186
	4,455,000	Aircastle Ltd., 4.250%, 6/15/2026		4,382,860
	855,000	Aircastle Ltd., (fixed rate to 6/15/2026, variable rate thereafter), 5.250%, 144A(d)		782,325
	2,335,000	Ares Capital Corp., 2.875%, 6/15/2028		2,067,179
	3,845,000	Ares Capital Corp., 3.200%, 11/15/2031		3,258,468
	1,900,000	Barings BDC, Inc., 3.300%, 11/23/2026, 144A		1,754,331
	6,355,000	Blackstone Secured Lending Fund, 2.125%, 2/15/2027, 144A		5,637,477
	2,545,000	FS KKR Capital Corp., 3.125%, 10/12/2028		2,268,800
	5,205,000	FS KKR Capital Corp., 3.400%, 1/15/2026		5,039,382
	1,170,000	General Motors Financial Co., Inc., Series B, (fixed rate to 9/30/2028, variable rate thereafter), 6.500%(d)		1,187,550

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Finance Companies – continued
$	90,000	Navient Corp., 5.875%, 10/25/2024	$	91,813
	1,125,000	Oaktree Specialty Lending Corp., 2.700%, 1/15/2027		1,030,774
	525,000	OneMain Finance Corp., 3.500%, 1/15/2027		485,625
	2,590,000	OneMain Finance Corp., 4.000%, 9/15/2030		2,285,675
	5,000	OneMain Finance Corp., 6.875%, 3/15/2025		5,258
	2,840,000	Owl Rock Capital Corp., 2.875%, 6/11/2028		2,476,988
	4,160,000	Owl Rock Capital Corp., 3.400%, 7/15/2026		3,906,003
	1,415,000	Owl Rock Technology Finance Corp., 2.500%, 1/15/2027		1,277,929
	7,720,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 2.875%, 10/15/2026, 144A		7,088,079
	2,575,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.625%, 3/01/2029, 144A		2,353,164
	4,810,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.875%, 3/01/2031, 144A		4,353,050
	5,080,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 4.000%, 10/15/2033, 144A		4,449,572
				57,389,488
		Financial Other – 1.2%
	540,000	Agile Group Holdings Ltd., 5.500%, 4/21/2025		173,561
	425,000	Agile Group Holdings Ltd., 5.500%, 5/17/2026		133,050
	430,000	Agile Group Holdings Ltd., 5.750%, 1/02/2025		147,997
	1,540,000	Agile Group Holdings Ltd., 6.050%, 10/13/2025		489,320
	670,000	CFLD Cayman Investment Ltd., 6.900%, 1/13/2023(e)(f)(g)		97,606
	1,350,000	CFLD Cayman Investment Ltd., 6.920%, 6/16/2022(e)		194,035
	590,000	CFLD Cayman Investment Ltd., 8.050%, 1/13/2025(e)		82,547
	870,000	CFLD Cayman Investment Ltd., 8.600%, 4/08/2024(e)		125,706
	785,000	CFLD Cayman Investment Ltd., 8.750%, 9/28/2022(e)(f)(g)		125,600
	710,000	China Aoyuan Group Ltd., 6.350%, 2/08/2024(e)		123,022
	645,000	China Aoyuan Group Ltd., 7.950%, 2/19/2023(e)		109,618
	630,000	China Evergrande Group, 8.250%, 3/23/2022(e)		79,449

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Financial Other – continued
$	1,020,000	China Evergrande Group, 8.750%, 6/28/2025(e)	$	126,664
	270,000	China Evergrande Group, 9.500%, 4/11/2022(e)(f)(g)		33,197
	220,000	China Evergrande Group, 9.500%, 3/29/2024(e)(f)(g)		27,124
	1,110,000	CIFI Holdings Group Co. Ltd., 4.450%, 8/17/2026		898,567
	580,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.375%, 2/01/2029		532,150
	2,595,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.750%, 9/15/2024		2,606,807
	2,525,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 5.250%, 5/15/2027		2,478,098
	1,875,000	Kaisa Group Holdings Ltd., 9.375%, 6/30/2024(e)		353,906
	205,000	Kaisa Group Holdings Ltd., 9.950%, 7/23/2025(e)		38,327
	855,000	Kaisa Group Holdings Ltd., 10.500%, 1/15/2025(e)(f)(g)		161,877
	4,525,000	Kaisa Group Holdings Ltd., 11.250%, 4/16/2025(e)(f)(g)		852,872
	2,045,000	Kaisa Group Holdings Ltd., 11.650%, 6/01/2026(e)(f)(g)		388,489
	2,125,000	Kaisa Group Holdings Ltd., 11.700%, 11/11/2025(e)(f)(g)		398,799
	645,000	KWG Group Holdings Ltd., 6.000%, 8/14/2026(f)(g)		248,602
	845,000	KWG Group Holdings Ltd., 6.300%, 2/13/2026(f)(g)		327,302
	825,000	Shimao Group Holdings Ltd., 3.450%, 1/11/2031(f)(g)		204,864
	725,000	Shimao Group Holdings Ltd., 5.200%, 1/16/2027(f)(g)		195,634
	610,000	Shimao Group Holdings Ltd., 6.125%, 2/21/2024(f)(g)		176,839
	410,000	Sunac China Holdings Ltd., 6.500%, 1/10/2025		103,066
	2,620,000	Sunac China Holdings Ltd., 6.500%, 1/26/2026(f)(g)		622,748
	205,000	Sunac China Holdings Ltd., 6.650%, 8/03/2024		51,994
	1,090,000	Sunac China Holdings Ltd., 7.000%, 7/09/2025(f)(g)		259,235
	210,000	Times China Holdings Ltd., 5.750%, 1/14/2027		77,608
	1,085,000	Times China Holdings Ltd., 6.200%, 3/22/2026(f)(g)		411,399
	4,400,000	Yuzhou Group Holdings Co. Ltd., 6.350%, 1/13/2027(e)(f)(g)		572,660

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Financial Other – continued
$	325,000	Yuzhou Group Holdings Co. Ltd., 7.375%, 1/13/2026(e)(f)(g)	$	42,406
				14,072,745
		Food & Beverage – 1.9%
	7,250,000	Hormel Foods Corp., 0.650%, 6/03/2024(a)		6,960,185
	1,220,000	JBS USA LUX S.A./JBS USA Food Co./JBS USA Finance, Inc., 3.750%, 12/01/2031, 144A		1,132,447
	1,015,000	JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., 3.000%, 2/02/2029, 144A		938,875
	1,455,000	Kraft Heinz Foods Co., 4.375%, 6/01/2046		1,442,778
	2,305,000	Kraft Heinz Foods Co., 4.875%, 10/01/2049		2,428,617
	715,000	Kraft Heinz Foods Co., 5.000%, 6/04/2042		763,062
	6,945,000	MARB BondCo PLC, 3.950%, 1/29/2031, 144A		6,163,687
	3,280,000	Pilgrim’s Pride Corp., 3.500%, 3/01/2032, 144A		2,867,573
	160,000	Pilgrim’s Pride Corp., 4.250%, 4/15/2031, 144A		148,000
				22,845,224
		Gaming – 0.9%
	3,420,000	Genm Capital Labuan Ltd., 3.882%, 4/19/2031, 144A		2,981,480
	2,670,000	MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc., 3.875%, 2/15/2029, 144A		2,623,275
	875,000	Penn National Gaming, Inc., 4.125%, 7/01/2029, 144A		783,300
	2,940,000	Scientific Games International, Inc., 7.000%, 5/15/2028, 144A		3,047,295
	1,090,000	Scientific Games International, Inc., 7.250%, 11/15/2029, 144A		1,141,775
				10,577,125
		Government Owned - No Guarantee – 1.7%
	2,350,000	Antares Holdings LP, 2.750%, 1/15/2027, 144A		2,065,388
	2,790,000	Antares Holdings LP, 3.750%, 7/15/2027, 144A		2,573,888
	845,000	Antares Holdings LP, 3.950%, 7/15/2026, 144A		787,662
	1,950,000	EcoPetrol S.A., 4.625%, 11/02/2031		1,764,750
	4,801,000,000	Financiera de Desarrollo Territorial S.A., 7.875%, 8/12/2024, 144A, (COP)		1,208,201
	6,595,000	Petroleos Mexicanos, 5.950%, 1/28/2031(a)		6,087,251

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Government Owned - No Guarantee – continued
$	5,290,000	Petroleos Mexicanos, 6.625%, 6/15/2035	$	4,741,216
	1,770,000	YPF S.A., 6.950%, 7/21/2027, 144A		1,325,119
				20,553,475
		Health Insurance – 0.7%
	4,830,000	Centene Corp., 2.500%, 3/01/2031		4,262,620
	2,120,000	Centene Corp., 2.625%, 8/01/2031		1,886,800
	1,145,000	Centene Corp., 3.000%, 10/15/2030		1,051,648
	1,000,000	Molina Healthcare, Inc., 3.875%, 5/15/2032, 144A		950,950
				8,152,018
		Healthcare – 1.7%
	2,495,000	Avantor Funding, Inc., 3.875%, 11/01/2029, 144A		2,345,300
	505,000	Charles River Laboratories International, Inc., 4.000%, 3/15/2031, 144A		474,069
	1,935,000	HCA, Inc., 3.500%, 9/01/2030		1,869,334
	7,600,000	PerkinElmer, Inc., 0.850%, 9/15/2024(a)		7,209,780
	340,000	Tenet Healthcare Corp., 4.875%, 1/01/2026, 144A		342,975
	625,000	Tenet Healthcare Corp., 6.125%, 10/01/2028, 144A		635,156
	255,000	Tenet Healthcare Corp., 6.250%, 2/01/2027, 144A		261,782
	7,610,000	Thermo Fisher Scientific, Inc., 1.215%, 10/18/2024(a)		7,318,061
				20,456,457
		Home Construction – 0.1%
	485,000	Central China Real Estate Ltd., 7.250%, 7/16/2024		210,611
	410,000	Central China Real Estate Ltd., 7.250%, 8/13/2024		176,948
	1,000,000	Central China Real Estate Ltd., 7.650%, 8/27/2023		480,210
	625,000	Central China Real Estate Ltd., 7.750%, 5/24/2024		277,275
	400,000	Logan Group Co. Ltd., 4.250%, 7/12/2025(f)(g)		81,296
	230,000	Logan Group Co. Ltd., 4.850%, 12/14/2026(f)(g)		45,954
	415,000	Yuzhou Group Holdings Co. Ltd., 7.700%, 2/20/2025(e)(f)(g)		53,323

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Home Construction – continued
$	555,000	Yuzhou Group Holdings Co. Ltd., 7.850%, 8/12/2026(e)(f)(g)	$	72,217
	1,360,000	Zhenro Properties Group Ltd., 6.630%, 1/07/2026(f)(g)		153,952
	210,000	Zhenro Properties Group Ltd., 6.700%, 8/04/2026(f)(g)		22,930
	220,000	Zhenro Properties Group Ltd., 7.350%, 2/05/2025(f)(g)		25,018
				1,599,734
		Independent Energy – 2.4%
	3,095,000	Aker BP ASA, 3.750%, 1/15/2030, 144A		3,028,502
	1,670,000	Aker BP ASA, 4.000%, 1/15/2031, 144A		1,663,706
	2,710,000	ConocoPhillips Co., 2.400%, 3/07/2025(a)		2,678,809
	3,060,000	Continental Resources, Inc., 5.750%, 1/15/2031, 144A		3,347,028
	1,515,000	Energean Israel Finance Ltd., 5.375%, 3/30/2028, 144A		1,456,673
	1,985,000	Energean Israel Finance Ltd., 5.875%, 3/30/2031, 144A		1,890,216
	2,185,000	EQT Corp., 3.625%, 5/15/2031, 144A		2,086,675
	635,000	EQT Corp., 3.900%, 10/01/2027		633,162
	585,000	EQT Corp., 5.000%, 1/15/2029		603,919
	1,790,000	Leviathan Bond Ltd., 6.125%, 6/30/2025, 144A		1,820,699
	1,295,000	Leviathan Bond Ltd., 6.500%, 6/30/2027, 144A		1,330,988
	1,340,000	Occidental Petroleum Corp., 4.100%, 2/15/2047		1,239,500
	2,820,000	Occidental Petroleum Corp., 4.200%, 3/15/2048		2,636,700
	825,000	Occidental Petroleum Corp., 4.400%, 4/15/2046		783,750
	380,000	Occidental Petroleum Corp., 4.400%, 8/15/2049		357,200
	640,000	Occidental Petroleum Corp., 4.500%, 7/15/2044		611,987
	255,000	Occidental Petroleum Corp., 4.625%, 6/15/2045		247,302
	75,000	Occidental Petroleum Corp., 5.550%, 3/15/2026		79,500
	320,000	Ovintiv, Inc., 6.500%, 8/15/2034		379,817
	140,000	Ovintiv, Inc., 6.500%, 2/01/2038		165,832

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Independent Energy – continued
$	695,000	Ovintiv, Inc., 6.625%, 8/15/2037	$	822,230
	90,000	Ovintiv, Inc., 7.200%, 11/01/2031		108,922
	85,000	Ovintiv, Inc., 7.375%, 11/01/2031		104,204
	385,000	Ovintiv, Inc., 8.125%, 9/15/2030		482,056
	380,000	Southwestern Energy Co., 4.750%, 2/01/2032		379,525
				28,938,902
		Industrial Other – 0.1%
	200,000	CFLD Cayman Investment Ltd., 7.125%, 4/08/2022(e)(f)(g)		28,410
	1,165,000	TopBuild Corp., 4.125%, 2/15/2032, 144A		1,055,781
				1,084,191
		Leisure – 0.9%
	2,735,000	Carnival Corp., 5.750%, 3/01/2027, 144A		2,608,274
	1,260,000	Carnival Corp., 6.000%, 5/01/2029, 144A		1,187,348
	1,560,000	NCL Corp. Ltd., 5.875%, 3/15/2026, 144A		1,482,249
	1,405,000	NCL Corp. Ltd., 5.875%, 2/15/2027, 144A		1,387,480
	570,000	NCL Finance Ltd., 6.125%, 3/15/2028, 144A		528,587
	240,000	Royal Caribbean Cruises Ltd., 4.250%, 7/01/2026, 144A		223,246
	3,090,000	Royal Caribbean Cruises Ltd., 5.500%, 4/01/2028, 144A		2,945,728
				10,362,912
		Life Insurance – 0.1%
	1,110,000	Global Atlantic Finance Co., 4.400%, 10/15/2029, 144A		1,108,650
		Local Authorities – 0.6%
	7,080,000	Province of Ontario Canada, 1.050%, 4/14/2026(a)		6,656,922
	67,000,000	Provincia de Buenos Aires, Argentina Deposit Rates Badlar Pvt Banks + 3.750%, 42.033%, 4/12/2025, 144A, (ARS)(c)		345,429
	121,060,000	Provincia de Buenos Aires, Argentina Deposit Rates Badlar Pvt Banks + 3.830%, 44.453%, 5/31/2022, (ARS)(c)		636,808
				7,639,159

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Lodging – 0.8%
$	590,000	Hilton Domestic Operating Co., Inc., 3.625%, 2/15/2032, 144A	$	535,425
	1,260,000	Hilton Domestic Operating Co., Inc., 4.000%, 5/01/2031, 144A		1,189,364
	435,000	Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, 4.875%, 7/01/2031, 144A		404,137
	1,435,000	Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, 5.000%, 6/01/2029, 144A		1,369,413
	360,000	Hyatt Hotels Corp., (Step to 5.625% on 4/23/2022), 5.375%, 4/23/2025		377,894
	1,125,000	Marriott Ownership Resorts, Inc., 4.500%, 6/15/2029, 144A		1,060,313
	2,090,000	Travel & Leisure Co., 4.500%, 12/01/2029, 144A		1,938,099
	1,535,000	Travel & Leisure Co., 4.625%, 3/01/2030, 144A		1,427,550
	195,000	Travel & Leisure Co., 6.000%, 4/01/2027		200,850
	960,000	Travel & Leisure Co., 6.625%, 7/31/2026, 144A		1,000,800
				9,503,845
		Media Entertainment – 1.9%
	1,240,000	AMC Networks, Inc., 4.250%, 2/15/2029		1,157,162
	2,745,000	Clear Channel Outdoor Holdings, Inc., 5.125%, 8/15/2027, 144A		2,715,327
	2,830,000	iHeartCommunications, Inc., 4.750%, 1/15/2028, 144A		2,702,650
	2,400,000	iHeartCommunications, Inc., 5.250%, 8/15/2027, 144A		2,373,000
	855,000	Magallanes, Inc., 4.054%, 3/15/2029, 144A		859,172
	1,315,000	Magallanes, Inc., 4.279%, 3/15/2032, 144A		1,322,403
	1,040,000	Netflix, Inc., 4.875%, 4/15/2028		1,090,705
	4,390,000	Netflix, Inc., 4.875%, 6/15/2030, 144A		4,682,813
	860,000	Netflix, Inc., 5.375%, 11/15/2029, 144A		930,950
	1,325,000	Netflix, Inc., 5.875%, 11/15/2028		1,460,548
	2,035,000	Netflix, Inc., 6.375%, 5/15/2029		2,301,137
	1,075,000	Outfront Media Capital LLC/Outfront Media Capital Corp., 4.625%, 3/15/2030, 144A		1,011,844
	600,000	Playtika Holding Corp., 4.250%, 3/15/2029, 144A		553,500
				23,161,211

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Metals & Mining – 1.1%
$	2,655,000	ABJA Investment Co. Pte Ltd., 5.450%, 1/24/2028	$	2,736,137
	4,515,000	First Quantum Minerals Ltd., 6.875%, 3/01/2026, 144A		4,640,743
	263,000	First Quantum Minerals Ltd., 7.250%, 4/01/2023, 144A		262,542
	1,755,000	First Quantum Minerals Ltd., 7.500%, 4/01/2025, 144A		1,781,325
	2,345,000	FMG Resources August 2006 Pty Ltd., 4.375%, 4/01/2031, 144A		2,218,136
	1,815,000	JSW Steel Ltd., 5.050%, 4/05/2032, 144A		1,690,837
				13,329,720
		Midstream – 0.6%
	3,375,000	DCP Midstream Operating LP, 3.250%, 2/15/2032		3,037,500
	415,000	DCP Midstream Operating LP, 5.125%, 5/15/2029		426,824
	695,000	Hess Midstream Operations LP, 4.250%, 2/15/2030, 144A		655,802
	525,000	Western Midstream Operating LP, 4.550%, 2/01/2030		522,375
	1,165,000	Western Midstream Operating LP, 5.300%, 3/01/2048		1,153,350
	195,000	Western Midstream Operating LP, 5.450%, 4/01/2044		197,683
	150,000	Western Midstream Operating LP, 5.500%, 8/15/2048		148,125
	690,000	Western Midstream Operating LP, 5.750%, 2/01/2050		672,750
				6,814,409
		Non-Agency Commercial Mortgage-Backed Securities – 4.5%
	2,995,000	Barclays Commercial Mortgage Securities, Series 2020-BID, Class B, 1-month LIBOR + 2.540%, 2.937%, 10/15/2037, 144A(a)(c)		2,992,287
	2,155,000	BPR Trust, Series 2021-NRD, Class F, 1-month Term SOFR + 6.870%, 7.174%, 12/15/2023, 144A(c)		2,111,222
	2,040,000	Citigroup Commercial Mortgage Trust, Series 2014-GC21, Class D, 4.947%, 5/10/2047, 144A(b)		1,914,880
	2,585,000	Commercial Mortgage Trust, Series 2012-CR3, Class B, 3.922%, 10/15/2045, 144A(a)		2,523,338
	140,000	Commercial Mortgage Trust, Series 2012-LC4, Class C, 5.467%, 12/10/2044(b)		138,502
	1,890,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class D, 4.373%, 9/15/2037, 144A		1,665,507
	5,680,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class E, 4.373%, 9/15/2037, 144A		4,799,870
	750,000	DBUBS Mortgage Trust, Series 2017-BRBK, Class D, 3.530%, 10/10/2034, 144A(b)		722,312
	611,238	Extended Stay America Trust, Series 2021-ESH, Class D, 1-month LIBOR + 2.250%, 2.647%, 7/15/2038, 144A(c)		602,029

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Non-Agency Commercial Mortgage-Backed Securities – continued
$	1,640,000	Greystone Commercial Real Estate Notes Ltd., Series 2021-HC2, Class A, 1-month LIBOR + 1.800%, 2.197%, 12/15/2039, 144A(a)(c)	$	1,632,436
	3,195,000	GS Mortgage Securities Corp. Trust, Series 2013-PEMB, Class D, 3.550%, 3/05/2033, 144A(b)		2,617,601
	540,000	GS Mortgage Securities Trust, Series 2011-GC5, Class C, 5.163%, 8/10/2044, 144A(b)		446,383
	3,905,000	GS Mortgage Securities Trust, Series 2011-GC5, Class D, 5.163%, 8/10/2044, 144A(b)		1,809,262
	1,420,000	GS Mortgage Securities Trust, Series 2013-G1, Class B, 3.601%, 4/10/2031, 144A(a)(b)		1,366,339
	845,000	GS Mortgage Securities Trust, Series 2014-GC18, Class B, 4.885%, 1/10/2047(b)		786,439
	1,945,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2011-C3, Class C, 5.360%, 2/15/2046, 144A(b)		1,864,076
	405,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2012-C8, Class C, 4.626%, 10/15/2045, 144A(a)(b)		404,210
	2,435,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2012-LC9, Class C, 4.364%, 12/15/2047, 144A(a)(b)		2,415,320
	1,128,446	Morgan Stanley Capital I Trust, Series 2011-C2, Class D, 5.212%, 6/15/2044, 144A(b)		1,094,593
	2,515,000	Morgan Stanley Capital I Trust, Series 2011-C2, Class E, 5.212%, 6/15/2044, 144A(b)(f)(g)		2,012,839
	1,350,000	RBS Commercial Funding Trust, Series 2013-GSP, Class A, 3.834%, 1/15/2032, 144A(a)(b)		1,354,230
	1,060,000	Starwood Retail Property Trust, Series 2014-STAR, Class C, 1-month LIBOR + 2.750%, 3.147%, 11/15/2027, 144A(c)(f)(h)(i)		512,816
	4,243,654	Starwood Retail Property Trust, Series 2014-STAR, Class D, 1-month LIBOR + 3.500%, 3.897%, 11/15/2027, 144A(c)(f)(h)(i)		1,139,322
	3,575,000	Starwood Retail Property Trust, Series 2014-STAR, Class E, 1-month LIBOR + 4.400%, 4.797%, 11/15/2027, 144A(c)(f)(h)(i)		346,887
	1,370,000	UBS-Barclays Commercial Mortgage Trust, Series 2012-C2, Class E, 4.947%, 5/10/2063, 144A(b)(f)(g)		113,710
	3,094,293	Wells Fargo Commercial Mortgage Trust, Series 2013-LC12, Class B, 4.305%, 7/15/2046(b)		2,970,520
	1,690,000	Wells Fargo Commercial Mortgage Trust, Series 2016-C36, Class B, 3.671%, 11/15/2059(a)(b)		1,544,570
	440,000	Wells Fargo Commercial Mortgage Trust, Series 2016-C36, Class C, 4.172%, 11/15/2059(b)		376,953
	4,885,000	Wells Fargo Commercial Mortgage Trust, Series 2019-JWDR, Class C, 3.038%, 9/15/2031, 144A(a)(b)		4,539,044
	2,886,031	WFRBS Commercial Mortgage Trust, Series 2011-C3, Class D, 5.294%, 3/15/2044, 144A(b)		1,255,424
	1,699,593	WFRBS Commercial Mortgage Trust, Series 2011-C4, Class E, 4.888%, 6/15/2044, 144A(b)		1,317,669
	2,245,000	WFRBS Commercial Mortgage Trust, Series 2012-C10, Class C, 4.347%, 12/15/2045(b)		2,058,426
	725,000	WFRBS Commercial Mortgage Trust, Series 2012-C7, Class C, 4.779%, 6/15/2045(b)		557,380
	1,909,000	WFRBS Commercial Mortgage Trust, Series 2012-C7, Class D, 4.779%, 6/15/2045, 144A(b)		916,320
	975,000	WFRBS Commercial Mortgage Trust, Series 2012-C7, Class E, 4.779%, 6/15/2045, 144A(b)(f)(g)		143,812

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Non-Agency Commercial Mortgage-Backed Securities – continued
$	1,570,000	WFRBS Commercial Mortgage Trust, Series 2014-C20, Class B, 4.378%, 5/15/2047(a)	$	1,529,393
				54,595,921
		Paper – 0.2%
	2,235,000	Suzano Austria GmbH, 3.750%, 1/15/2031		2,104,253
		Pharmaceuticals – 1.5%
	685,000	Bausch Health Cos., Inc., 4.875%, 6/01/2028, 144A		655,887
	1,325,000	Bausch Health Cos., Inc., 5.000%, 1/30/2028, 144A		1,091,230
	145,000	Bausch Health Cos., Inc., 5.000%, 2/15/2029, 144A		112,956
	965,000	Bausch Health Cos., Inc., 5.250%, 1/30/2030, 144A		758,046
	3,155,000	Bausch Health Cos., Inc., 5.250%, 2/15/2031, 144A		2,455,726
	165,000	Bausch Health Cos., Inc., 6.250%, 2/15/2029, 144A		135,300
	270,000	Bausch Health Cos., Inc., 7.000%, 1/15/2028, 144A		241,726
	800,000	Grifols Escrow Issuer S.A., 4.750%, 10/15/2028, 144A		753,000
	1,665,000	Teva Pharmaceutical Finance Netherlands II BV, 6.000%, 1/31/2025, (EUR)		1,924,792
	10,035,000	Teva Pharmaceutical Finance Netherlands III BV, 4.100%, 10/01/2046		7,877,475
	1,280,000	Teva Pharmaceutical Finance Netherlands III BV, 5.125%, 5/09/2029		1,230,361
	1,015,000	Teva Pharmaceutical Finance Netherlands III BV, 7.125%, 1/31/2025		1,067,719
				18,304,218
		REITs - Health Care – 0.0%
	455,000	National Health Investors, Inc., 3.000%, 2/01/2031		395,941
		REITs - Mortgage – 0.2%
	1,630,000	Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.250%, 2/01/2027, 144A		1,562,133
	390,000	Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 5.250%, 10/01/2025, 144A		388,537
				1,950,670
		Restaurants – 0.5%
	3,900,000	1011778 B.C. ULC/New Red Finance, Inc., 4.375%, 1/15/2028, 144A		3,744,000
	2,100,000	Yum! Brands, Inc., 3.625%, 3/15/2031		1,914,869
				5,658,869

Principal Amount (‡)			Description	Value (†)
	Bonds and Notes – continued
			Non-Convertible Bonds – continued
			Retailers – 0.3%
$	1,325,000		Carvana Co., 5.625%, 10/01/2025, 144A	$	1,249,290
	1,325,000		Carvana Co., 5.875%, 10/01/2028, 144A		1,179,886
	1,070,000		Lithia Motors, Inc., 3.875%, 6/01/2029, 144A		1,016,564
	730,000		Target Corp., 1.950%, 1/15/2027(a)		704,985
					4,150,725
			Sovereigns – 0.2%
	2,000,000		Mexico Government International Bond, 3.771%, 5/24/2061(a)		1,620,320
	1,600,000		Mexico Government International Bond, 4.280%, 8/14/2041(a)		1,491,472
					3,111,792
			Technology – 1.1%
	1,615,000		CommScope Technologies LLC, 5.000%, 3/15/2027, 144A		1,402,749
	3,815,000		CommScope, Inc., 7.125%, 7/01/2028, 144A		3,446,376
	330,000		Everi Holdings, Inc., 5.000%, 7/15/2029, 144A		312,675
	1,375,000		Iron Mountain, Inc., 5.000%, 7/15/2028, 144A		1,340,446
	1,315,000		Microchip Technology, Inc., 0.983%, 9/01/2024, 144A		1,245,003
	1,660,000		Nokia OYJ, EMTN, 2.000%, 3/11/2026, (EUR)		1,829,562
	330,000		NXP BV/NXP Funding LLC/NXP USA, Inc., 3.400%, 5/01/2030, 144A		319,855
	3,580,000		Oracle Corp., 3.950%, 3/25/2051(a)		3,129,690
	240,000		Sabre GLBL, Inc., 9.250%, 4/15/2025, 144A		266,072
					13,292,428
			Transportation Services – 0.4%
	1,855,000		Adani Ports & Special Economic Zone Ltd., 4.200%, 8/04/2027, 144A		1,807,078
	1,865,000		GMR Hyderabad International Airport Ltd., 4.750%, 2/02/2026, 144A		1,792,880
	1,270,000		GMR Hyderabad International Airport Ltd., 5.375%, 4/10/2024		1,277,887
					4,877,845
			Treasuries – 4.9%
	37,993	(†††)	Brazil Notas do Tesouro Nacional, Series F, 10.000%, 1/01/2025, (BRL)		7,719,775
	604,374	(††††)	Mexican Fixed Rate Bonds, 6.750%, 3/09/2023, (MXN)(a)		2,996,012

Principal Amount (‡)			Description	Value (†)
	Bonds and Notes – continued
			Non-Convertible Bonds – continued
			Treasuries – continued
	1,342,545	(††††)	Mexican Fixed Rate Bonds, Series M 30, 8.500%, 11/18/2038, (MXN)(a)	$	6,851,029
	338,660,000		Republic of South Africa Government Bond, Series 2037, 8.500%, 1/31/2037, (ZAR)		19,752,946
	21,320,000		U.S. Treasury Note, 0.125%, 2/28/2023(j)		21,033,512
					58,353,274
			Wireless – 1.7%
	3,040,000		CT Trust, 5.125%, 2/03/2032, 144A		3,038,328
	4,365,000		HTA Group Ltd., 7.000%, 12/18/2025, 144A		4,316,112
	1,695,000		IHS Holding Ltd., 5.625%, 11/29/2026, 144A		1,604,318
	1,525,000		IHS Holding Ltd., 6.250%, 11/29/2028, 144A		1,430,450
	3,769,000		Kenbourne Invest S.A., 6.875%, 11/26/2024, 144A		3,700,103
	225,000		Millicom International Cellular S.A., 4.500%, 4/27/2031, 144A		209,541
	657,000		Millicom International Cellular S.A., 5.125%, 1/15/2028, 144A		654,359
	4,065,000		SBA Communications Corp., 3.125%, 2/01/2029		3,697,605
	1,630,000		SoftBank Group Corp., 4.625%, 7/06/2028		1,455,590
	750,000		SoftBank Group Corp., 5.250%, 7/06/2031		674,460
					20,780,866
			Total Non-Convertible Bonds (Identified Cost $1,041,824,255)		953,457,015
	Convertible Bonds – 3.7%
			Airlines – 0.6%
	915,000		JetBlue Airways Corp., 0.500%, 4/01/2026, 144A		851,351
	4,135,000		Southwest Airlines Co., 1.250%, 5/01/2025(a)		5,611,195
					6,462,546
			Cable Satellite – 0.8%
	1,635,000		DISH Network Corp., Zero Coupon, 0.000%, 12/15/2025(k)		1,586,228
	2,080,000		DISH Network Corp., 2.375%, 3/15/2024		1,944,800
	7,230,000		DISH Network Corp., 3.375%, 8/15/2026		6,503,385
					10,034,413

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Convertible Bonds – continued
		Consumer Cyclical Services – 0.2%
$	980,000	Peloton Interactive, Inc., Zero Coupon, 0.000%-1.734%, 2/15/2026(l)	$	818,770
	2,175,000	Uber Technologies, Inc., Zero Coupon, 0.000%-1.922%, 12/15/2025(l)		1,949,605
				2,768,375
		Gaming – 0.1%
	615,000	Penn National Gaming, Inc., 2.750%, 5/15/2026		1,236,765
		Healthcare – 0.5%
	6,505,000	Teladoc Health, Inc., 1.250%, 6/01/2027		5,486,967
		Leisure – 0.2%
	3,030,000	NCL Corp. Ltd., 1.125%, 2/15/2027, 144A		2,775,268
		Media Entertainment – 0.1%
	1,495,000	Twitter, Inc., Zero Coupon, 0.000%-1.354%, 3/15/2026(l)		1,255,053
		Pharmaceuticals – 1.1%
	2,990,000	BioMarin Pharmaceutical, Inc., 0.599%, 8/01/2024		2,988,505
	7,130,000	BioMarin Pharmaceutical, Inc., 1.250%, 5/15/2027		7,139,166
	855,000	Guardant Health, Inc., Zero Coupon, 0.000%, 11/15/2027(k)		685,795
	1,285,000	Ionis Pharmaceuticals, Inc., Zero Coupon, 0.000%, 4/01/2026, 144A(k)		1,195,178
	1,080,000	Livongo Health, Inc., 0.875%, 6/01/2025		1,094,040
				13,102,684
		Technology – 0.1%
	1,480,000	Splunk, Inc., 1.125%, 6/15/2027		1,413,400
		Total Convertible Bonds (Identified Cost $49,245,238)		44,535,471
		Total Bonds and Notes (Identified Cost $1,091,069,493)		997,992,486
	Senior Loans – 0.4%
		Cable Satellite – 0.2%
	828,456	DirecTV Financing LLC, Term Loan, 3-month LIBOR + 5.000%, 5.750%, 8/02/2027(c)(m)		826,625
	1,930,000	Ziggo BV, 2019 EUR Term Loan H, 6-month EURIBOR + 3.000%, 3.000%, 1/31/2029, (EUR)(c)(n)		2,087,023
				2,913,648

Principal Amount (‡)		Description	Value (†)
	Senior Loans – continued
		Gaming – 0.2%
$	2,227,687	Playtika Holding Corp., 2021 Term Loan, 1-month LIBOR + 2.750%, 3.207%, 3/13/2028(c)(n)	$	2,191,732
		Total Senior Loans (Identified Cost $5,188,502)		5,105,380
	Collateralized Loan Obligations – 5.1%
	1,350,000	AGL CLO 3 Ltd., Series 2020-3A, Class C, 3-month LIBOR + 2.150%, 2.391%, 1/15/2033, 144A(a)(c)		1,342,790
	1,740,000	AGL CLO 3 Ltd., Series 2020-3A, Class D, 3-month LIBOR + 3.300%, 3.541%, 1/15/2033, 144A(c)		1,732,692
	3,460,000	Aimco CLO 11 Ltd., Series 2020-11A, Class DR, 3-month LIBOR + 3.000%, 3.241%, 10/17/2034, 144A(c)		3,383,281
	480,000	Apidos CLO XX, Series 2015-20A, Class BRR, 3-month LIBOR + 1.950%, 2.191%, 7/16/2031, 144A(a)(c)		474,055
	3,175,000	Apidos CLO XXIII, Series 2015-23A, Class CR, 3-month LIBOR + 2.000%, 2.241%, 4/15/2033, 144A(a)(c)		3,121,698
	500,000	Ares LIX CLO Ltd., Series 2021-59A, Class E, 3-month LIBOR + 6.250%, 6.508%, 4/25/2034, 144A(c)		477,876
	1,105,000	Atlas Senior Loan Fund Ltd., Series 2021-16A, Class D, 3-month LIBOR + 3.700%, 3.954%, 1/20/2034, 144A(c)		1,070,873
	400,000	Ballyrock CLO Ltd., Series 2018-1A, Class C, 3-month LIBOR + 3.150%, 3.404%, 4/20/2031, 144A(c)		390,550
	850,000	Barings CLO Ltd., Series 2019-4A, Class C, 3-month LIBOR + 2.800%, 3.041%, 1/15/2033, 144A(a)(c)		838,748
	1,830,000	Basswood Park CLO Ltd., Series 2021-1A, Class D, 3-month LIBOR + 2.650%, 2.904%, 4/20/2034, 144A(c)		1,760,683
	445,000	Battalion CLO XVI Ltd., Series 2019 16A, Class DR, 3-month LIBOR + 3.250%, 3.504%, 12/19/2032, 144A(c)		444,204
	915,000	Bristol Park CLO Ltd., Series 2016-1A, Class CR, 3-month LIBOR + 1.950%, 2.191%, 4/15/2029, 144A(a)(c)		915,000
	455,000	Burnham Park CLO Ltd., Series 2016-1A, Class CR, 3-month LIBOR + 2.150%, 2.404%, 10/20/2029, 144A(a)(c)		450,899
	400,000	Carbone CLO Ltd., Series 2017-1A, Class B, 3-month LIBOR + 1.800%, 2.054%, 1/20/2031, 144A(a)(c)		394,197
	970,000	CarVal CLO IV Ltd., Series 2021-1A, Class D, 3-month LIBOR + 3.250%, 3.504%, 7/20/2034, 144A(c)		954,301
	730,000	CIFC Funding II Ltd., Series 2013-2A, Class A3LR, 3-month LIBOR + 1.950%, 2.189%, 10/18/2030, 144A(a)(c)		718,715
	265,000	CIFC Funding II Ltd., Series 2014-2RA, Class A3, 3-month LIBOR + 1.900%, 2.159%, 4/24/2030, 144A(a)(c)		262,754
	875,000	Dryden 45 Senior Loan Fund, Series 2016-45A, Class ER, 3-month LIBOR + 5.850%, 6.091%, 10/15/2030, 144A(c)		834,123
	250,000	Dryden 64 CLO Ltd., Series 2018-64A, Class C, 3-month LIBOR + 1.750%, 1.991%, 4/18/2031, 144A(a)(c)		246,890
	300,000	Dryden XXVI Senior Loan Fund, Series 2013-26A, Class CR, 3-month LIBOR + 1.850%, 2.091%, 4/15/2029, 144A(a)(c)		297,860
	1,405,000	Galaxy XXVI CLO Ltd., Series 2018-26A, Class E, 3-month LIBOR + 5.850%, 6.330%, 11/22/2031, 144A(c)		1,334,728
	2,435,000	Generate CLO Ltd., Series 2019-2A, Class D, 3-month LIBOR + 3.800%, 4.059%, 1/22/2033, 144A(c)		2,435,448
	650,000	Gilbert Park CLO Ltd., Series 2017-1A, Class D, 3-month LIBOR + 2.950%, 3.191%, 10/15/2030, 144A(c)		641,815
	320,000	Goldentree Loan Management U.S. CLO 3 Ltd., Series 2018-3A, Class C, 3-month LIBOR + 1.900%, 2.154%, 4/20/2030, 144A(a)(c)		314,892

Principal Amount (‡)		Description	Value (†)
	Collateralized Loan Obligations – continued
$	1,550,000	Hayfin U.S. XII Ltd., Series 2020-12A, Class D, 3-month LIBOR + 4.160%, 4.414%, 1/20/2034, 144A(c)	$	1,557,269
	310,000	LCM 30 Ltd., Series 30A, Class DR, 3-month LIBOR + 3.000%, 3.254%, 4/20/2031, 144A(c)		302,188
	475,000	Madison Park Funding XXXI Ltd., Series 2018-31A, Class C, 3-month LIBOR + 2.150%, 2.409%, 1/23/2031, 144A(a)(c)		470,858
	300,000	Madison Park Funding XXXI Ltd., Series 2018-31A, Class D, 3-month LIBOR + 3.000%, 3.259%, 1/23/2031, 144A(c)		295,153
	3,300,000	Neuberger Berman CLO Ltd., Series 2013-14A, Class CR2, 3-month LIBOR + 1.900%, 2.178%, 1/28/2030, 144A(a)(c)		3,271,772
	2,100,000	Oaktree CLO Ltd., Series 2019-4A, Class E, 3-month LIBOR + 7.230%, 7.484%, 10/20/2032, 144A(c)		2,057,811
	495,000	Octagon Investment Partners 39 Ltd., Series 2018-3A, Class E, 3-month LIBOR + 5.750%, 6.004%, 10/20/2030, 144A(c)		467,377
	920,000	Octagon Investment Partners XXII Ltd., Series 2014-1A, Class CRR, 3-month LIBOR + 1.900%, 2.159%, 1/22/2030, 144A(a)(c)		897,821
	445,000	OHA Credit Funding 2 Ltd., Series 2019-2A, Class ER, 3-month LIBOR + 6.360%, 6.615%, 4/21/2034, 144A(c)		429,764
	1,900,000	OHA Credit Funding 3 Ltd., Series 2019-3A, Class ER, 3-month LIBOR + 6.250%, 6.504%, 7/02/2035, 144A(c)		1,852,413
	5,105,000	OHA Credit Funding 4 Ltd., Series 2019-4A, Class ER, 3-month LIBOR + 6.400%, 6.659%, 10/22/2036, 144A(c)		5,003,171
	1,745,000	OHA Credit Funding 5 Ltd., Series 2020-5A, Class C, 3-month LIBOR + 2.000%, 2.241%, 4/18/2033, 144A(a)(c)		1,720,347
	2,245,000	OHA Loan Funding Ltd., Series 2013-1A, Class DR2, 3-month LIBOR + 3.050%, 3.309%, 7/23/2031, 144A(c)		2,203,050
	1,570,000	OHA Loan Funding Ltd., Series 2016-1A, Class CR, 3-month LIBOR + 1.950%, 2.204%, 1/20/2033, 144A(a)(c)		1,552,052
	2,050,000	OZLM XXIII Ltd., Series 2019-23A, Class DR, 3-month LIBOR + 3.750%, 3.991%, 4/15/2034, 144A(c)		2,054,391
	300,000	Palmer Square CLO Ltd., Series 2015-2A, Class BR2, 3-month LIBOR + 1.950%, 2.204%, 7/20/2030, 144A(a)(c)		296,805
	2,610,000	Parallel Ltd., Series 2017-1A, Class CR, 3-month LIBOR + 2.000%, 2.254%, 7/20/2029, 144A(a)(c)		2,520,735
	1,045,000	Pikes Peak CLO 1, Series 2018-1A, Class D, 3-month LIBOR + 3.150%, 3.409%, 7/24/2031, 144A(c)		1,028,475
	1,190,000	Point Au Roche Park CLO Ltd., Series 2021-1A, Class D, 3-month LIBOR + 2.800%, 3.054%, 7/20/2034, 144A(c)		1,149,596
	340,000	Recette CLO Ltd., Series 2015-1A, Class DRR, 3-month LIBOR + 3.250%, 3.504%, 4/20/2034, 144A(c)		331,198
	920,000	Regatta XIII Funding Ltd., Series 2018-2A, Class C, 3-month LIBOR + 3.100%, 3.341%, 7/15/2031, 144A(c)		914,535
	2,565,000	Rockford Tower CLO Ltd., Series 2017-2A, Class CR, 3-month LIBOR + 1.900%, 2.141%, 10/15/2029, 144A(a)(c)		2,547,889
	920,000	TCW CLO Ltd., Series 2018-1, Class D, 3-month LIBOR + 2.910%, 3.168%, 4/25/2031, 144A(c)		895,726
	1,030,000	TICP CLO VII Ltd., Series 2017-7A, Class CR, 3-month LIBOR + 2.150%, 2.391%, 4/15/2033, 144A(a)(c)		1,017,942
	610,000	TICP CLO XV Ltd., Series 2020-15A, Class C, 3-month LIBOR + 2.150%, 2.404%, 4/20/2033, 144A(a)(c)		604,425
	895,000	TRESTLES CLO II Ltd., Series 2018-2A, Class D, 3-month LIBOR + 5.750%, 6.008%, 7/25/2031, 144A(c)		831,657
		Total Collateralized Loan Obligations (Identified Cost $59,923,242)		61,113,492

Shares		Description	Value (†)
	Common Stocks – 3.1%
		Air Freight & Logistics – 0.1%
	4,995	Expeditors International of Washington, Inc.	$	515,284
	1,188	United Parcel Service, Inc., Class B		254,779
				770,063
		Automobiles – 0.0%
	11,579	Ford Motor Co.		195,801
		Banks – 0.0%
	1,509	JPMorgan Chase & Co.		205,707
	2,872	Wells Fargo & Co.		139,177
				344,884
		Beverages – 0.0%
	4,149	Coca-Cola Co. (The)		257,238
	1,491	PepsiCo, Inc.		249,564
				506,802
		Biotechnology – 0.0%
	1,716	AbbVie, Inc.		278,181
		Capital Markets – 0.1%
	11,445	Ares Capital Corp.		239,773
	1,963	Blackstone, Inc.		249,183
	5,361	Carlyle Group, Inc. (The)		262,206
	650	Goldman Sachs Group, Inc. (The)		214,565
	2,557	Morgan Stanley		223,482
				1,189,209
		Chemicals – 0.0%
	4,870	Olin Corp.		254,604
		Construction Materials – 0.1%
	262,683	Cemex SAB de CV, Sponsored ADR(o)		1,389,593
		Diversified Financial Services – 0.0%
	3,712	Apollo Global Management, Inc.		230,107
		Diversified Telecommunication Services – 0.0%
	4,969	Verizon Communications, Inc.		253,121
		Electrical Equipment – 0.0%
	2,729	Emerson Electric Co.		267,578
		Food & Staples Retailing – 0.0%
	1,818	Walmart, Inc.		270,736
		Food Products – 0.0%
	1,125	Archer-Daniels-Midland Co.		101,543
	2,659	Tyson Foods, Inc., Class A		238,326
				339,869
		Health Care Equipment & Supplies – 0.0%
	1,910	Abbott Laboratories		226,068

Shares		Description	Value (†)
	Common Stocks – continued
		Health Care Providers & Services – 0.0%
	2,410	CVS Health Corp.	$	243,916
	521	UnitedHealth Group, Inc.		265,694
				509,610
		Hotels, Restaurants & Leisure – 0.1%
	234	Booking Holdings, Inc.(o)		549,537
	4,964	Starbucks Corp.		451,575
				1,001,112
		Household Products – 0.1%
	4,977	Procter & Gamble Co. (The)		760,486
		Independent Power & Renewable Electricity Producers – 0.0%
	3,610	AES Corp. (The)		92,885
		Insurance – 0.0%
	5,042	Fidelity National Financial, Inc.		246,251
	9,790	Old Republic International Corp.		253,268
				499,519
		IT Services – 0.2%
	755	Accenture PLC, Class A		254,609
	666	Automatic Data Processing, Inc.		151,542
	2,202	Mastercard, Inc., Class A		786,951
	3,293	Visa, Inc., Class A		730,288
				1,923,390
		Machinery – 0.0%
	1,251	Caterpillar, Inc.		278,748
		Media – 0.4%
	274,403	Altice USA, Inc., Class A(o)		3,424,549
	5,261	Comcast Corp., Class A		246,320
	6,506	Interpublic Group of Cos., Inc. (The)		230,638
	562	Nexstar Media Group, Inc., Class A		105,926
	2,907	Omnicom Group, Inc.		246,746
				4,254,179
		Metals & Mining – 0.0%
	2,343	Nucor Corp.		348,287
		Oil, Gas & Consumable Fuels – 0.2%
	14,685	California Resources Corp.		656,860
	2,198	Chevron Corp.		357,900
	3,534	ConocoPhillips		353,400
	2,194	EOG Resources, Inc.		261,591
	3,166	Exxon Mobil Corp.		261,480
	927	Valero Energy Corp.		94,127
				1,985,358
		Personal Products – 0.1%
	2,038	Estee Lauder Cos., Inc. (The), Class A		554,988

Shares		Description	Value (†)
	Common Stocks – continued
		Pharmaceuticals – 0.2%
	4,123	Bristol-Myers Squibb Co.	$	301,103
	7,923	Johnson & Johnson		1,404,193
	3,409	Merck & Co., Inc.		279,709
	5,029	Pfizer, Inc.		260,351
				2,245,356
		Professional Services – 0.0%
	479	Clarivate PLC(o)		8,028
		REITs - Diversified – 0.1%
	828	American Tower Corp.		208,010
	1,509	Crown Castle International Corp.		278,561
	5,604	Gaming & Leisure Properties, Inc.		262,996
				749,567
		REITs - Regional Malls – 0.0%
	1,699	Simon Property Group, Inc.		223,520
		Road & Rail – 0.1%
	901	Norfolk Southern Corp.		256,983
	1,035	Union Pacific Corp.		282,773
				539,756
		Semiconductors & Semiconductor Equipment – 0.2%
	1,701	Applied Materials, Inc.		224,192
	411	Broadcom, Inc.		258,799
	596	KLA Corp.		218,172
	357	Lam Research Corp.		191,927
	720	Marvell Technology, Inc.		51,631
	2,795	Microchip Technology, Inc.		210,016
	530	Monolithic Power Systems, Inc.		257,410
	840	NVIDIA Corp.		229,202
	1,073	NXP Semiconductors NV		198,591
	1,311	QUALCOMM, Inc.		200,347
	1,492	Texas Instruments, Inc.		273,752
				2,314,039
		Software – 0.0%
	812	Microsoft Corp.		250,348
	3,247	Oracle Corp.		268,624
				518,972
		Specialty Retail – 0.1%
	642	Home Depot, Inc. (The)		192,170
	1,013	Lowe’s Cos., Inc.		204,818
	2,677	Ross Stores, Inc.		242,161
	3,503	TJX Cos., Inc. (The)		212,212
				851,361
		Technology Hardware, Storage & Peripherals – 0.1%
	8,121	Apple, Inc.		1,418,008

Shares		Description	Value (†)
	Common Stocks – continued
		Textiles, Apparel & Luxury Goods – 0.1%
	1,042	LVMH Moet Hennessy Louis Vuitton SE	$	743,778
	1,714	NIKE, Inc., Class B		230,636
				974,414
		Wireless Telecommunication Services – 0.8%
	69,960	T-Mobile US, Inc.(o)		8,979,366
		Total Common Stocks (Identified Cost $36,270,759)		37,547,565
	Preferred Stocks – 0.5%
	Convertible Preferred Stocks – 0.5%
		Midstream – 0.0%
	2,329	El Paso Energy Capital Trust I, 4.750%		115,984
		Technology – 0.1%
	26,077	Clarivate PLC, Series A, 5.250%		1,769,846
		Wireless – 0.4%
	3,751	2020 Cash Mandatory Exchangeable Trust, 5.250%, 144A(f)(g)		4,182,365
		Total Convertible Preferred Stocks (Identified Cost $7,067,638)		6,068,195
		Total Preferred Stocks (Identified Cost $7,067,638)		6,068,195
	Other Investments – 0.1%
		Aircraft ABS – 0.1%
	900	ECAF I Blocker Ltd.(f)(h)(i)(p) (Identified Cost $9,000,000)		593,280
Principal Amount
	Short-Term Investments – 2.2%
$	26,017,443	Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 3/31/2022 at 0.000% to be repurchased at $26,017,443 on 4/01/2022 collateralized by $22,488,500 U.S. Treasury Bond, 3.375% due 11/15/2048 valued at $26,537,837 including accrued interest(q) (Identified Cost $26,017,443)		26,017,443
		Total Investments – 94.5% (Identified Cost $1,234,537,077)		1,134,437,841
		Other assets less liabilities – 5.5%		66,454,575
		Net Assets – 100.0%	$	1,200,892,416

Written Options – (0.0%)

Description	Expiration Date		Exercise Price		Shares (††)			Notional Amount			Premiums (Received)			Value (†)
Options on Securities – (0.0%)
AbbVie, Inc., Call		4/14/2022		155.00		(1,300	)	$	(210,743	)	$	(1,985	)	$	(9,815	)
Apple, Inc., Call		4/14/2022		180.00		(1,300	)	$	(226,993	)	$	(1,959	)	$	(1,840	)
Archer-Daniels-Midland Co., Call		4/14/2022		80.00		(900	)		(81,234	)		(1,420	)		(9,450	)
Blackstone, Inc., Call		4/14/2022		140.00		(1,500	)		(190,410	)		(2,441	)		(435	)
Broadcom, Inc., Call		4/14/2022		660.00		(300	)		(188,904	)		(1,940	)		(1,065	)
Chevron Corp., Call		4/14/2022		145.00		(1,700	)		(276,811	)		(2,511	)		(31,110	)
Coca-Cola Co., Call		4/14/2022		65.00		(2,300	)		(142,600	)		(1,466	)		(149	)
ConocoPhillips, Call		4/14/2022		100.00		(2,800	)		(280,000	)		(3,520	)		(7,924	)
CVS Health Corp., Call		4/14/2022		110.00		(1,600	)		(161,936	)		(1,468	)		(104	)
EOG Resources, Inc., Call		4/14/2022		127.00		(1,700	)		(202,691	)		(2,970	)		(1,828	)
Exxon Mobil Corp., Call		4/14/2022		85.00		(2,500	)		(206,475	)		(2,268	)		(2,725	)
Interpublic Group of Cos., Inc., Call		4/14/2022		39.00		(5,200	)		(184,340	)		(3,054	)		(390	)
KLA Corp., Call		4/14/2022		400.00		(400	)		(146,424	)		(2,947	)		(710	)
Lowe’s Cos., Inc., Call		4/14/2022		240.00		(500	)		(101,095	)		(1,784	)		(52	)
Mastercard, Inc., Call		4/14/2022		400.00		(600	)		(214,428	)		(3,580	)		(198	)
Morgan Stanley, Call		4/14/2022		105.00		(2,000	)		(174,800	)		(2,215	)		(80	)
Nexstar Media Group, Inc., Call		4/14/2022		185.00		(300	)		(56,544	)		(1,340	)		(2,250	)
Norfolk Southern Corp., Call		4/14/2022		290.00		(500	)		(142,610	)		(739	)		(1,663	)
Nucor Corp., Call		4/14/2022		145.00		(1,800	)		(267,570	)		(3,271	)		(12,870	)
Procter & Gamble Co., Call		4/14/2022		165.00		(1,200	)		(183,360	)		(1,785	)		(66	)
QUALCOMM, Inc., Call		4/14/2022		195.00		(1,000	)		(152,820	)		(1,867	)		(35	)
Tyson Foods, Inc., Call		4/14/2022		97.50		(2,100	)		(188,223	)		(2,955	)		(178	)
Union Pacific Corp., Call		4/14/2022		265.00		(500	)		(136,605	)		(1,364	)		(5,163	)
United Parcel Service, Inc., Call		4/14/2022		230.00		(600	)		(128,676	)		(1,006	)		(135	)
UnitedHealth Group, Inc., Call		4/14/2022		500.00		(400	)		(203,988	)		(2,147	)		(6,970	)
Valero Energy Corp., Call		4/14/2022		95.00		(700	)		(71,078	)		(1,293	)		(5,215	)
Visa, Inc., Call		4/14/2022		245.00		(800	)		(177,416	)		(1,406	)		(100	)
Wells Fargo & Co., Call		4/14/2022		60.00		(1,900	)		(92,074	)		(1,635	)		(123	)
Total											$	(58,336	)	$	(102,643	)

(†) Fund securities and other investments are valued at market value based on market quotations obtained or determined by independent pricing services recommended by the adviser and approved by the Board of Trustees. Fund securities and other investments for which market quotations are not readily available are valued at fair value as determined in good faith by the adviser pursuant to procedures approved by the Board of Trustees, as described below. Market value is determined as follows:

Debt securities and unlisted preferred equity securities are valued based on evaluated bids furnished to the Fund by an independent pricing service or bid prices obtained from broker-dealers.

Senior loans and collateralized loan obligations are valued at bid prices supplied by an independent pricing service, if available.

Listed equity securities (including shares of closed-end investment companies and exchange-traded funds) are valued at the last sale price quoted on the exchange where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. Securities traded on the NASDAQ Global Select Market, NASDAQ Global Market and NASDAQ Capital Market are valued at the NASDAQ Official Closing Price (“NOCP”), or if lacking an NOCP, at the most recent bid quotations on the applicable NASDAQ Market. Unlisted equity securities (except unlisted preferred equity securities) are valued at the last sale price quoted in the market where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be valued using evaluated bids furnished by an independent pricing service, if available.

In some foreign markets, an official close price and a last sale price may be available from the foreign exchange or market. In those cases, the official close price is used.

Broker-dealer bid prices may be used to value debt and unlisted equity securities and senior loans and collateralized loan obligations where an independent pricing service is unable to price a security or where an independent pricing service does not provide a reliable price for the security.

Forward foreign currency contracts are valued utilizing interpolated rates determined based on information provided by an independent pricing service.

Futures contracts are valued at the most recent settlement price on the exchange on which the adviser believes that, over time, they are traded most extensively.

Centrally cleared swap agreements are valued at settlement prices of the clearing house on which the contracts were traded or prices obtained from broker-dealers.

Bilateral credit default swaps are valued based on mid prices (between the bid price and the ask price) supplied by an independent pricing service.

Bilateral interest rate swaps are valued based on prices supplied by an independent pricing source.

Domestic exchange-traded single equity option contracts are valued at the mean of the National Best Bid and Offer quotations.

Options on futures contracts are valued using the current settlement price on the exchange on which, over time, they are traded most extensively.

Option contracts on foreign indices are priced at the most recent settlement price.

Other exchange-traded options are valued at the average of the closing bid and ask quotations on the exchange on which, over time, they are traded most extensively.

Over-the-counter (“OTC”) currency options and swaptions are valued at mid prices (between the bid and the ask price) supplied by an independent pricing service, if available.

Other OTC option contracts (including currency options and swaptions not priced through an independent pricing service) are valued based on quotations obtained from broker-dealers.

Fund securities and other investments for which market quotations are not readily available are valued at fair value as determined in good faith by the adviser pursuant to procedures approved by the Board of Trustees. The Fund may also value securities and other investments at fair value in other circumstances such as when extraordinary events occur after the close of a foreign market but prior to the close of the New York Stock Exchange. This may include situations relating to a single issuer (such as a declaration of bankruptcy or a delisting of the issuer’s security from the primary market on which it has traded) as well as events affecting the securities markets in general (such as market disruptions or closings and significant fluctuations in U.S. and/or foreign markets). When fair valuing its securities or other investments, the Fund may, among other things, use modeling tools or other processes that may take into account factors such as securities or other market activity and/or significant events that occur after the close of the foreign market and before the time the Fund’s net asset value (“NAV”) is calculated. Fair value pricing may require subjective determinations about the value of a security, and fair values used to determine the Fund’s NAV may differ from quoted or published prices, or from prices that are used by others, for the same securities. In addition, the use of fair value pricing may not always result in adjustments to the prices of securities held by the Fund.

Illiquid securities for which market quotations are readily available and have been evaluated by the adviser are considered and classified as fair valued securities pursuant to the Fund’s pricing policies and procedures.

As of March 31, 2022, securities and other investments held by the Fund were fair valued as follows:

Equity Securities1	Percentage of Net Assets			Securities classified as fair valued		Percentage of Net Assets			Securities fair valued by the Fund’s adviser		Percentage of Net Assets
$743,778		0.1	%	$	12,083,079		1.0	%	$	2,592,305		0.2	%

¹ Certain foreign equity securities were fair valued pursuant to procedures approved by the Board of Trustees as events occurring after the close of the foreign market were believed to materially affect the value of those securities.

The books and records of the Fund are maintained in U.S. dollars. The values of securities, currencies and other assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period.

(‡) Principal Amount/Par Value stated in U.S. dollars unless otherwise noted.

(††) Options on securities are expressed as shares.

(†††) Amount shown represents units. One unit represents a principal amount of 1,000.

(††††) Amount shown represents units. One unit represents a principal amount of 100.

(a) Security (or a portion thereof) has been designated to cover the Fund’s obligations under open derivative contracts.

(b) Variable rate security. The interest rate adjusts periodically based on; (i) changes in current interest rates and/or prepayments on underlying pools of assets, if applicable, (ii) reference to a base lending rate plus or minus a margin, and/or (iii) reference to a base lending rate adjusted by a multiplier and/or subject to certain floors or caps. Rate as of March 31, 2022 is disclosed.

(c) Variable rate security. Rate as of March 31, 2022 is disclosed.

(d) Perpetual bond with no specified maturity date.

(e) The issuer is in default with respect to interest and/or principal payments. Income is not being accrued.

(f) Illiquid security.

(g) Securities classified as fair valued pursuant to the Fund’s pricing policies and procedures. At March 31, 2022, the value of these securities amounted to $12,083,079 or 1.0% of net assets.

(h) Fair valued by the Fund’s adviser. At March 31, 2022, the value of these securities amounted to $2,592,305 or 0.2% of net assets.

(i) Level 3 security. Value has been determined using significant unobservable inputs.

(j) Security (or a portion thereof) has been pledged as collateral for open derivative contracts.

(k) Interest rate represents annualized yield at time of purchase; not a coupon rate.

(l) Interest rate represents annualized yield at time of purchase; not a coupon rate. The Fund’s investment in this security is comprised of various lots with differing annualized yields.

(m) Stated interest rate has been determined in accordance with the provisions of the loan agreement and is subject to a minimum benchmark rate (LIBOR floor) of 0.75%, to which the spread is added.

(n) Stated interest rate has been determined in accordance with the provisions of the loan agreement and is subject to a minimum benchmark rate (LIBOR floor) of 0.00%, to which the spread is added.

(o) Non-income producing security.

(p) Securities subject to restriction on resale. At March 31, 2022, the restricted securities held by the Fund are as follows:

	Acquisition Date	Acquisition Cost		Value		% of Net Assets
ECAF I Blocker Ltd.	6/18/2015	$	9,000,000	$	593,280		Less than 0.1	%

(q) The Fund may enter into repurchase agreements, under the terms of a Master Repurchase Agreement, under which the Fund acquires securities as collateral and agrees to resell the securities at an agreed upon time and at an agreed upon price. It is the Fund’s policy that the market value of the collateral for repurchase agreements be at least equal to 102% of the repurchase price, including interest. Certain repurchase agreements are tri-party arrangements whereby the collateral is held in a segregated account for the benefit of the Fund and on behalf of the counterparty. Repurchase agreements could involve certain risks in the event of default or insolvency of the counterparty, including possible delays or restrictions upon the Fund’s ability to dispose of the underlying securities. As of March 31, 2022, the Fund had an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the repurchase agreement.

144A All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2022, the value of Rule 144A holdings amounted to $587,602,503 or 48.9% of net assets.

ABS Asset-Backed Securities

ADR An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States.

ARS Auction Rate Security

EMTN Euro Medium Term Note

EURIBOR Euro Interbank Offered Rate

GMTN Global Medium Term Note

JIBAR Johannesburg Interbank Agreed Rate

LIBOR London Interbank Offered Rate

MTN Medium Term Note

REITs Real Estate Investment Trusts

SAFEX South African Futures Exchange

SLM Sallie Mae

SOFR Secured Overnight Financing Rate

ARS Argentine Peso

BRL Brazilian Real

COP Colombian Peso

EUR Euro

MXN Mexican Peso

ZAR South African Rand

Swap Agreements

The Fund may enter into credit default and interest rate swaps. A credit default swap is an agreement between two parties (the “protection buyer” and “protection seller”) to exchange the credit risk of an issuer (“reference obligation”) for a specified time period. The reference obligation may be one or more debt securities or an index of such securities. The Fund may be either the protection buyer or the protection seller. As a protection buyer, the Fund has the ability to hedge the downside risk of an issuer or group of issuers. As a protection seller, the Fund has the ability to gain exposure to an issuer or group of issuers whose bonds are unavailable or in short supply in the cash bond market, as well as realize additional income in the form of fees paid by the protection buyer. The protection buyer is obligated to pay the protection seller a stream of payments (“fees”) over the term of the contract, provided that no credit event, such as a default or a downgrade in credit rating, occurs on the reference obligation. The Fund may also pay or receive upfront premiums. If a credit event occurs, the protection seller must pay the protection buyer the difference between the agreed upon notional value and market value of the reference obligation. Market value in this case is determined by a facilitated auction whereby a minimum number of allowable broker bids, together with a specified valuation method, are used to calculate the value. The maximum potential amount of undiscounted future payments that a Fund as the protection seller could be required to make under a credit default swap agreement would be an amount equal to the notional amount of the agreement.

Implied credit spreads, represented in absolute terms, are disclosed in the Portfolio of Investments for those agreements for which the Fund is the protection seller. Implied credit spreads serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular reference entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

An interest rate swap is an agreement with another party to receive or pay interest (e.g., an exchange of fixed rate payments for floating rate payments) to protect themselves from interest rate fluctuations. This type of swap is an agreement that obligates two parties to exchange a series of cash flows at specified intervals based upon or calculated by reference to a specified interest rate(s) for a specified notional amount. The payment flows are usually netted against each other, with the difference being paid by one party to the other.

Swap agreements are valued daily and fluctuations in the value are recorded as change in unrealized appreciation (depreciation) on swap agreements. Fees are accrued in accordance with the terms of the agreement and are recorded as part of unrealized appreciation (depreciation) on swap agreements. When received or paid, fees are recorded as realized gain or loss. Upfront premiums paid or received by the Fund are recorded as an asset or liability, respectively, and are amortized or accreted over the term of the agreement and recorded as realized gain or loss. Payments made or received by the Fund as a result of a credit event or termination of the agreement are recorded as realized gain or loss.

Swap agreements are privately negotiated in the over-the-counter (“OTC”) market and may be entered into as a bilateral contract or centrally cleared (“centrally cleared swaps”). Bilateral swap agreements are traded between counterparties and, as such, are subject to the risk that a party to the agreement will not be able to meet its obligations. In a centrally cleared swap, immediately following execution of the swap agreement, the swap agreement is novated to a central counterparty (the “CCP”) and the Fund faces the CCP through a broker. Upon entering into a centrally cleared swap, the Fund is required to deposit initial margin with the broker in the form of cash or securities in an amount that varies depending on the size and risk profile of the particular swap. Subsequent payments, known as “variation margin,” are made or received by the Fund based on the daily change in the value of the centrally cleared swap agreement. For centrally cleared swaps, the Fund’s counterparty credit risk is reduced as the CCP stands between the Fund and the counterparty. The Fund covers its net obligations under outstanding swap agreements by segregating or earmarking cash or securities.

At March 31, 2022, the Fund had the following open bilateral credit default swap agreements:

Buy Protection

Counterparty	Reference Obligation	(Pay)/ Receive Fixed Rate1			Expiration Date		Notional Value(‡)		Unamortized Up Front Premium Paid/(Received)			Market Value			Unrealized Appreciation (Depreciation)
Barclays Bank PLC	United Mexican States		(1.00	%)		6/20/2026		21,525,000	$	69,983		$	(198,750	)	$	(268,733	)
Morgan Stanley Capital Services, Inc.	United Mexican States		(1.00	%)		12/20/2026		8,820,000		(3,990	)		(41,165	)		(37,175	)
Total												$	(239,915	)	$	(305,908	)

At March 31, 2022, the Fund had the following open centrally cleared interest rate swap agreements:

Notional Value	Currency	Expiration Date	Fund Pays1			Fund Receives1		Market Value			Unrealized Appreciation (Depreciation)2
330,000,000	ZAR	5/07/2030		7.580	%		3-month SAFEX-JIBAR	$	(14,693	)	$	(16,169	)

At March 31, 2022, the Fund had the following open centrally cleared credit default swap agreements:

Buy Protection

Reference Obligation	(Pay)/ Receive Fixed Rate			Expiration Date	Notional Value(‡)		Unamortized Up Front Premium Paid/(Received)			Market Value			Unrealized Appreciation (Depreciation)
CDX.NA HY* Series 37 500, 5-Year		(5.00	%)	12/20/2026		65,100,000		(3,186,889	)	$	(4,132,729	)	$	(945,840	)
CDX.NA HY* Series 37 500, 5-Year		(5.00	%)	12/20/2026		29,900,000		(1,625,869	)		(1,898,135	)		(272,266	)
Total										$	(6,030,864	)	$	(1,218,106	)

(‡) Notional value stated in U.S. dollars unless otherwise noted.

¹  Payments are made quarterly.

²  Differences between unrealized appreciation (depreciation) and market value, if any, are due to interest booked as part of the initial trades.

* CDX.NA.HY is an index composed of North American high yield credit default swaps.

Forward Foreign Currency Contracts

The Fund may enter into forward foreign currency contracts, including forward foreign cross currency contracts, to acquire exposure to foreign currencies or to hedge the Fund’s investments against currency fluctuation. A contract can also be used to offset a previous contract. These contracts involve market risk in excess of the unrealized appreciation (depreciation). The U.S. dollar value of the currencies the Fund has committed to buy or sell represents the aggregate exposure to each currency the Fund has acquired or hedged through currency contracts outstanding at period end. Gains or losses are recorded for financial statement purposes as unrealized until settlement date. Contracts are traded over-the-counter directly with a counterparty. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of a foreign currency relative to the U.S. dollar. Certain contracts may require the movement of cash and/or securities as collateral for the Fund’s or counterparty’s net obligations under the contracts.

At March 31, 2022, the Fund had the following open forward foreign currency contracts:

Counterparty	Delivery Date		Currency Bought/ Sold (B/S)		Units of Currency			In Exchange for		Notional Value		Unrealized Appreciation (Depreciation)
Bank of America N.A.		4/26/2022		EUR		S	1,665,000	$	1,885,251	$	1,843,089	$	42,162
Barclays Bank PLC		4/26/2022		EUR		S	1,955,000		2,213,871		2,164,107		49,764
HSBC Bank USA		5/17/2022		EUR		S	590,000		670,045		653,615		16,430
Morgan Stanley Capital Services, Inc.		4/11/2022		COP		S	5,186,874,000		1,257,790		1,373,372		(115,582	)
Morgan Stanley Capital Services, Inc.		5/31/2022		EUR		S	1,480,000		1,654,961		1,640,524		14,437
Morgan Stanley Capital Services, Inc.		5/31/2022		ZAR		S	319,874,000		20,462,900		21,732,938		(1,270,038	)
Total												$	(1,262,827	)

Futures Contracts

The Fund may enter into futures contracts. Futures contracts are agreements between two parties to buy and sell a particular instrument or index for a specified price on a specified future date.

When the Fund enters into a futures contract, it is required to deposit with (or for the benefit of) its broker an amount of cash or short-term high-quality securities as “initial margin.” As the value of the contract changes, the value of the futures contract position increases or declines. Subsequent payments, known as “variation margin,” are made or received by the Fund, depending on the price fluctuations in the fair value of the contract and the value of cash or securities on deposit with the broker. Realized gain or loss on a futures position is equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, minus brokerage commissions. When the Fund enters into a futures contract certain risks may arise, such as illiquidity in the futures market, which may limit the Fund’s ability to close out a futures contract prior to settlement date, and unanticipated movements in the value of securities or interest rates.

Futures contracts are exchange-traded. Exchange-traded futures contracts are standardized and are settled through a clearing house with fulfillment supported by the credit of the exchange. Therefore, counterparty credit risks to the Fund are reduced; however, in the event that a counterparty enters into bankruptcy, the Fund’s claim against initial/variation margin on deposit with the counterparty may be subject to terms of a final settlement in bankruptcy court.

At March 31, 2022, open long futures contracts were as follows:

Financial Futures	Expiration Date		Contracts	Notional Amount		Value		Unrealized Appreciation (Depreciation)
Eurodollar		3/13/2023	3,884$		953,396,123	$	942,258,400	$	(11,137,723	)

At March 31, 2022, open short futures contracts were as follows:

Financial Futures	Expiration Date		Contracts		Notional Amount		Value		Unrealized Appreciation (Depreciation)
30 Year U.S. Treasury Bond		6/21/2022		406	$	62,675,422	$	60,925,375	$	1,750,047
Ultra 10 Year U.S. Treasury Note		6/21/2022		1,029		143,873,055		139,397,344		4,475,711
Ultra Long U.S. Treasury Bond		6/21/2022		293		53,736,314		51,897,625		1,838,689
Total									$	8,064,447

Fair Value Measurements

In accordance with accounting standards related to fair value measurements and disclosures, the Fund has categorized the inputs utilized in determining the value of the Fund’s assets or liabilities. These inputs are summarized in the three broad levels listed below:

• Level 1 — quoted prices in active markets for identical assets or liabilities;

• Level 2 — prices determined using other significant inputs that are observable either directly, or indirectly through corroboration with observable market data (which could include quoted prices for similar assets or liabilities, interest rates, credit risk, etc.); and

• Level 3 — prices determined using significant unobservable inputs when quoted prices or observable inputs are unavailable such as when there is little or no market activity for an asset or liability (unobservable inputs reflect the Fund’s own assumptions in determining the fair value of assets or liabilities and would be based on the best information available).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used to value the Fund’s investments as of March 31, 2022, at value:

Asset Valuation Inputs

Description	Level 1		Level 2		Level 3			Total
Bonds and Notes
Non-Convertible Bonds
Non-Agency Commercial Mortgage-Backed Securities	$	—	$	52,596,896	$	1,999,025	(a)	$	54,595,921
All Other Non-Convertible Bonds*		—		898,861,094		—			898,861,094
Total Non-Convertible Bonds		—		951,457,990		1,999,025			953,457,015
Convertible Bonds*		—		44,535,471		—			44,535,471
Total Bonds and Notes		—		995,993,461		1,999,025			997,992,486
Senior Loans*		—		5,105,380		—			5,105,380
Collateralized Loan Obligations		—		61,113,492		—			61,113,492
Common Stocks
Textiles, Apparel & Luxury Goods		230,636		743,778		—			974,414
All Other Common Stocks*		36,573,151		—		—			36,573,151
Total Common Stocks		36,803,787		743,778		—			37,547,565
Preferred Stocks
Wireless		—		4,182,365		—			4,182,365
All Other Preferred Stocks*		1,885,830		—		—			1,885,830
Total Preferred Stocks		1,885,830		4,182,365		—			6,068,195
Other Investments*		—		—		593,280	(a)		593,280
Short-Term Investments		—		26,017,443		—			26,017,443
Total Investments		38,689,617		1,093,155,919		2,592,305			1,134,437,841
Forward Foreign Currency Contracts (unrealized appreciation)		—		122,793		—			122,793
Futures Contracts (unrealized appreciation)		8,064,447		—		—			8,064,447
Total	$	46,754,064	$	1,093,278,712	$	2,592,305		$	1,142,625,081

Liability Valuation Inputs

Description	Level 1			Level 2			Level 3		Total
Written Options*	$	(102,643	)	$	—		$	—	$	(102,643	)
Bilateral Credit Default Swap Agreements (unrealized depreciation)		—			(305,908	)		—		(305,908	)
Centrally Cleared Interest Rate Swap Agreements (unrealized depreciation)		—			(16,169	)		—		(16,169	)
Centrally Cleared Credit Default Swap Agreements (unrealized depreciation)		—			(1,218,106	)		—		(1,218,106	)
Forward Foreign Currency Contracts (unrealized depreciation)		—			(1,385,620	)		—		(1,385,620	)
Futures Contracts (unrealized depreciation)		(11,137,723	)		—			—		(11,137,723	)
Total	$	(11,240,366	)	$	(2,925,803	)	$	—	$	(14,166,169	)

* Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments.

(a) Fair valued by the Fund’s adviser.

The Fund’s pricing policies and procedures are recommended by the adviser and approved by the Board of Trustees. Debt securities are valued based on evaluated bids furnished to the Fund by an independent pricing service. Broker-dealer bid prices may be used if an independent pricing service either is unable to price a security or does not provide a reliable price for a security. The Fund’s adviser may use internally developed models to validate broker-dealer bid prices that are only available from a single broker or market maker. Such securities are considered and classified as fair valued. Broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer are categorized in Level 3. Securities for which market quotations are not readily available are valued at fair value as determined in good faith by the Fund’s adviser pursuant to procedures approved by the Board of Trustees. Fair valued securities may be categorized in Level 3.

The following is a reconciliation of Level 3 investments for which significant unobservable inputs were used to determine fair value as of December 31, 2021 and/or March 31, 2022:

Asset Valuation Inputs

Investments in Securities	Balance as of December 31, 2021		Accrued Discounts (Premiums)		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Purchases		Sales		Transfers into Level 3		Transfers out of Level 3			Balance as of March 31, 2022		Change in Unrealized Appreciation (Depreciation) from Investments Still Held at March 31, 2022
Bonds and Notes
Non-Convertible Bonds
Non-Agency Commercial Mortgage-Backed Securities	$	1,932,446	$	—	$	—	$	66,579		$	—	$	—	$	—	$	—		$	1,999,025	$	66,579
Collateralized Loan Obligations		445,000		—		—		—			—		—		—		(445,000	)		—		—
Other Investments
Aircraft ABS		783,270		—		—		(189,990	)		—		—		—		—			593,280		(189,990	)
Total	$	3,160,716	$	—	$	—	$	(123,411	)	$	—	$	—	$	—	$	(445,000	)	$	2,592,305	$	(123,411	)

A debt security valued at $445,000 was transferred from Level 3 to Level 2 during the period ended March 31, 2022. At December 31, 2021, this security was valued using broker-dealer bid prices based on inputs unobservable to the Fund as an independent pricing service was unable to price the security. At March 31, 2022, this security was valued on the basis of evaluated bids furnished to the Fund by an independent pricing service in accordance with the Fund’s valuation policies.

Derivatives

Derivative instruments are defined as financial instruments whose value and performance are based on the value and performance of an underlying asset, reference rate or index. Derivative instruments that the Fund used at period end include forward foreign currency contracts, futures contracts, option contracts and swap agreements.

The Fund is subject to the risk that companies in which the Fund invests will fail financially or otherwise be unwilling or unable to meet their obligations to the Fund. The Fund may use credit default swaps, as a protection buyer, to hedge its credit exposure to issuers of bonds it holds without having to sell the bonds. The Fund may also use credit default swaps, as a protection seller, to gain investment exposure. As of March 31, 2022, the Fund engaged in credit default swap agreements (as a protection buyer) to hedge its credit exposure.

The Fund is subject to the risk that changes in foreign currency exchange rates will have an unfavorable effect on the value of Fund assets denominated in foreign currencies. The Fund may enter into forward foreign currency exchange contracts for hedging purposes to protect the value of the Fund’s holdings of foreign securities. The Fund may also use forward foreign currency contracts to gain exposure to foreign currencies, regardless of whether securities denominated in such currencies are held in the Fund. As of March 31, 2022, the Fund engaged in forward foreign currency contracts for hedging purposes to gain exposure to foreign currencies.

The Fund is subject to the risk that changes in interest rates will affect the value of the Fund’s investments in fixed-income securities. The Fund will be subject to increased interest rate risk to the extent that it invests in fixed-income securities with longer maturities or durations, as compared to investing in fixed-income securities with shorter maturities or durations. The Fund may use futures contracts and interest rate swap agreements to hedge against changes in interest rates and to manage duration without having to buy or sell portfolio securities. The Fund may also use futures contracts and interest rate swap agreements to gain investment exposure. As of March 31, 2022, the Fund engaged in futures contracts and interest rate swap agreements for hedging purposes and to manage duration and interest rate swap agreements to gain investment exposure and yield curve management.

The Fund is subject to the risk of unpredictable declines in the value of individual equity securities and periods of below-average performance in individual securities or in the equity market as a whole. The Fund may use futures contracts, purchased put options and written call options to hedge against a decline in value of an equity security that it owns. The Fund may also write put options to offset the cost of options used for hedging purposes and use futures and option contracts to gain investment exposure. As of March 31, 2022, the Fund engaged in option contracts for hedging purposes.

The following is a summary of derivative instruments for the Fund, as of March 31, 2022:

Assets	Unrealized appreciation on forward foreign currency contracts		Unrealized appreciation on futures contracts		Total
Over-the-counter asset derivatives
Foreign exchange contracts	$	122,793	$	—	$	122,793
Exchange-traded/cleared asset derivatives
Interest rate contracts	$	—	$	8,064,447	$	8,064,447
Total asset derivatives	$	122,793	$	8,064,447	$	8,187,240

Liabilities	Options written at value			Unrealized depreciation on forward foreign currency contracts			Unrealized depreciation on futures contracts			Swap agreements at value			Total
Over-the-counter liability derivatives
Foreign exchange contracts	$	—		$	(1,385,620	)	$	—		$	—		$	(1,385,620	)
Credit contracts		—			—			—			(239,915	)		(239,915	)
Total over-the counter liability derivatives	$	—		$	(1,385,620	)	$	—		$	(239,915	)	$	(1,625,535	)
Exchange-traded/cleared liability derivatives
Interest rate contracts	$	—		$	—		$	(11,137,723	)	$	(14,693	)	$	(11,152,416	)
Credit contracts		—			—			—			(6,030,864	)		(6,030,864	)
Equity contracts		(102,643	)		—			—			—			(102,643	)
Total exchange-traded/cleared liability derivatives	$	(102,643	)	$	—		$	(11,137,723	)	$	(6,045,557	)	$	(17,285,923	)
Total liability derivatives	$	(102,643	)	$	(1,385,620	)	$	(11,137,723	)	$	(6,285,472	)	$	(18,911,458	)

The Fund’s derivatives do not qualify for hedge accounting under authoritative guidance for derivative instruments. The Fund’s investments in derivatives may represent an economic hedge; however, they are considered to be non-hedge transactions for the purpose of this disclosure.

OTC derivatives, including forward foreign currency contracts and swap agreements, are entered into pursuant to International Swaps and Derivatives Association, Inc. (“ISDA”) agreements negotiated between the Fund and its counterparties. ISDA agreements typically contain, among other things, terms for the posting of collateral and master netting provisions in the event of a default or other termination event. Collateral is posted by the Fund or the counterparty to the extent of the net mark-to-market exposure to the other party of all open contracts under the agreement, subject to minimum transfer requirements. Master netting provisions allow the Fund and the counterparty, in the event of a default or other termination event, to offset amounts owed by each related to derivative contracts, including any posted collateral, to one net amount payable by either the Fund or the counterparty. The Fund’s ISDA agreements typically contain provisions that allow a counterparty to terminate open contracts early if the NAV of the Fund declines beyond a certain threshold. As of March 31, 2022, the fair value of derivative positions subject to these provisions that are in a net liability position by counterparty, and the value of collateral pledged to counterparties for such contracts is as follows:

Counterparty:	Derivatives			Collateral Pledged
Barclays Bank PLC	$	(148,986	)	$	—
Morgan Stanley Capital Services, Inc.		(1,412,348	)		1,420,000

Counterparty risk is managed based on policies and procedures established by the Fund’s adviser. Such policies and procedures may include, but are not limited to, minimum counterparty credit rating requirements, monitoring of counterparty credit default swap spreads and posting of collateral. The Fund’s risk of loss from counterparty credit risk on over-the-counter derivatives is generally limited to the Fund’s aggregated unrealized gains and the amount of any collateral pledged to the counterparty, which may be offset by any collateral posted to the Fund by the counterparty. ISDA master agreements can help to manage counterparty risk by specifying collateral posting arrangements at pre-arranged exposure levels. Under these ISDA agreements, collateral is routinely transferred if the total net exposure in respect of certain transactions, net of existing collateral already in place, exceeds a specified amount (typically $250,000, depending on the counterparty). With exchange-traded derivatives, there is minimal counterparty credit risk to the Fund because the exchange’s clearing house, as counterparty to these instruments, stands between the buyer and the seller of the contract. Credit risk still exists in exchange-traded derivatives with respect to initial and variation margin that is held in a broker’s customer accounts. While brokers typically are required to segregate customer margin for exchange-traded derivatives from their own assets, in the event that a broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the broker for all its customers, U.S. bankruptcy laws will typically allocate that shortfall on a pro rata basis across all of the broker’s customers, potentially resulting in losses to the Fund. The following table shows (i) the maximum amount of loss due to credit risk that, based on the gross fair value of the financial instrument, the Fund would incur if parties (including OTC derivative counterparties and brokers holding margin for exchange-traded derivatives) to the relevant financial instruments failed completely to perform according to the terms of the contracts and the collateral or other security, if any, for the amount due proved to be of no value to the Fund, and (ii) the amount of loss that the Fund would incur after taking into account master netting provisions pursuant to ISDA agreements, as of March 31, 2022:

Maximum Amount of Loss - Gross	Maximum Amount of Loss - Net
$27,337,552	$25,861,003

Industry Summary at March 31, 2022 (Unaudited)
Banking	8.6	%
ABS Home Equity	6.1
Cable Satellite	4.9
Treasuries	4.9
Finance Companies	4.8
ABS Car Loan	4.8
Non-Agency Commercial Mortgage-Backed Securities	4.5
ABS Other	4.3
Pharmaceuticals	2.8
Independent Energy	2.4
Healthcare	2.2
Wireless	2.1
ABS Whole Business	2.1
Media Entertainment	2.0
Other Investments, less than 2% each	30.7
Collateralized Loan Obligations	5.1
Short-Term Investments	2.2
Total Investments	94.5
Other assets less liabilities (including open written options, swap agreements, forward foreign currency and futures contracts)	5.5
Net Assets	100.0	%