PORTFOLIO OF INVESTMENTS – as of June 30, 2023 (Unaudited)

Loomis Sayles Core Plus Bond Fund

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – 91.5% of Net Assets
	Non-Convertible Bonds – 91.4%
		ABS Car Loan – 2.5%
	$       4,420,000	AmeriCredit Automobile Receivables Trust, Series 2023-1, Class C, 5.800%, 12/18/2028	$	4,413,980
	6,444,000	Avis Budget Rental Car Funding AESOP LLC, Series 2019-2A, Class A, 3.350%, 9/22/2025, 144A		6,252,495
	7,064,000	Avis Budget Rental Car Funding AESOP LLC, Series 2020-2A, Class A, 2.020%, 2/20/2027, 144A		6,398,737
	8,160,000	Avis Budget Rental Car Funding AESOP LLC, Series 2022-1A, Class A, 3.830%, 8/21/2028, 144A		7,550,195
	1,840,000	Avis Budget Rental Car Funding AESOP LLC, Series 2023-2A, Class A, 5.200%, 10/20/2027, 144A		1,798,832
	7,982,902	Carvana Auto Receivables Trust, Series 2023-N1, Class A, 6.360%, 4/12/2027, 144A		7,911,152
	9,895,000	Carvana Auto Receivables Trust, Series 2023-P1, Class A3, 5.980%, 12/10/2027, 144A		9,804,795
	7,300,000	Credit Acceptance Auto Loan Trust, Series 2023-1A, Class A, 6.480%, 3/15/2033, 144A		7,295,851
	2,020,000	DT Auto Owner Trust, Series 2023-1A, Class C, 5.550%, 10/16/2028, 144A		1,981,338
	2,940,968	Exeter Automobile Receivables Trust, Series 2021-2A, Class C, 0.980%, 6/15/2026		2,876,707
	4,320,000	Exeter Automobile Receivables Trust, Series 2023-1A, Class C, 5.820%, 2/15/2028		4,271,095
	3,455,000	Ford Credit Auto Owner Trust, Series 2018-1, Class B, 3.340%, 7/15/2031, 144A		3,299,866
	14,500,000	Ford Credit Auto Owner Trust, Series 2023-1, Class A, 4.850%, 8/15/2035, 144A		14,228,415
	4,950,000	GM Financial Automobile Leasing Trust, Series 2023-1, Class B, 5.510%, 1/20/2027		4,899,822
	12,845,000	Hertz Vehicle Financing III LLC, Series 2023-2A, Class A, 5.570%, 9/25/2029, 144A		12,635,502
	9,874,000	Hertz Vehicle Financing LLC, Series 2021-1A, Class A, 1.210%, 12/26/2025, 144A		9,250,387
	9,930,000	NextGear Floorplan Master Owner Trust, Series 2023-1A, Class A2, 5.740%, 3/15/2028, 144A		9,976,135
	10,730,000	OneMain Direct Auto Receivables Trust, Series 2023-1A, Class A, 5.410%, 11/14/2029, 144A		10,610,232
	1,547,520	Santander Bank Auto Credit-Linked Notes, Series 2022-C,Class B, 6.451%, 12/15/2032, 144A		1,543,374
	981,720	Santander Bank Auto Credit-Linked Notes, Series 2022-C,Class C, 6.986%, 12/15/2032, 144A		978,386
	8,999,469	Santander Drive Auto Receivables Trust, Series 2021-3, Class C, 0.950%, 9/15/2027		8,814,834
	19,695,000	Santander Drive Auto Receivables Trust, Series 2022-2, Class B, 3.440%, 9/15/2027		19,066,099
	6,865,000	Westlake Automobile Receivables Trust, Series 2022-2A, Class C, 4.850%, 9/15/2027, 144A		6,692,249
	1,295,000	Westlake Automobile Receivables Trust, Series 2023-1A, Class B, 5.410%, 1/18/2028, 144A		1,278,887

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Car Loan – continued
	$       4,910,000	Westlake Automobile Receivables Trust, Series 2023-2A, Class C, 6.290%, 3/15/2028, 144A	$	4,918,710
				168,748,075
		ABS Home Equity – 0.3%
	2,670,136	CoreVest American Finance Ltd., Series 2019-3, Class A, 2.705%, 10/15/2052, 144A		2,516,515
	10,541	Countrywide Asset-Backed Certificates, Series 2004-S1, Class A3, 5.115%, 2/25/2035(a)		10,378
	970,764	OBX Trust, Series 2018-EXP1, Class 1A3, 4.000%, 4/25/2048, 144A(a)		890,127
	2,970,000	Progress Residential Trust, Series 2023-SFR1, Class A, 4.300%, 3/17/2040, 144A		2,791,966
	87,475	Sequoia Mortgage Trust, Series 2017-CH1, Class A1, 4.000%, 8/25/2047, 144A(a)		81,532
	396,737	Sequoia Mortgage Trust, Series 2018-CH1, Class A1, 4.000%, 3/25/2048, 144A(a)		365,794
	248,235	Sequoia Mortgage Trust, Series 2018-CH3, Class A2, 4.000%, 8/25/2048, 144A(a)		238,893
	1,298,545	Towd Point Mortgage Trust, Series 2015-1, Class A5, 4.095%, 10/25/2053, 144A(a)		1,262,828
	3,598,804	Towd Point Mortgage Trust, Series 2015-4, Class M2, 3.750%, 4/25/2055, 144A(a)		3,501,064
	5,101,352	Towd Point Mortgage Trust, Series 2016-2, Class M2, 3.000%, 8/25/2055, 144A(a)		4,571,076
	4,320,172	Towd Point Mortgage Trust, Series 2018-3, Class A1, 3.750%, 5/25/2058, 144A(a)		4,070,635
				20,300,808
		ABS Other – 1.5%
	2,230,000	Affirm Asset Securitization Trust, Series 2023-A, Class A, 6.610%, 1/18/2028, 144A		2,218,904
	6,728,748	CLI Funding VIII LLC, Series 2021-1A, Class A, 1.640%, 2/18/2046, 144A		5,733,352
	11,854,475	DB Master Finance LLC, Series 2021-1A, Class A2II, 2.493%, 11/20/2051, 144A		10,021,844
	4,099,211	Donlen Fleet Lease Funding 2 LLC, Series 2021-2, Class A2, 0.560%, 12/11/2034, 144A		3,995,566
	8,034,000	Jack in the Box Funding LLC, Series 2022-1A, Class A2I, 3.445%, 2/26/2052, 144A		7,111,986
	13,518,375	Jack in the Box Funding LLC, Series 2022-1A, Class A2II, 4.136%, 2/26/2052, 144A		10,942,678
	6,541,698	Lunar Structured Aircraft Portfolio Notes, Series 2021-1, Class A, 2.636%, 10/15/2046, 144A		5,633,253
	9,018,944	Navigator Aircraft ABS Ltd., Series 2021-1, Class A, 2.771%, 11/15/2046, 144A(a)		7,832,412
	1,274,780	OneMain Financial Issuance Trust, Series 2020-1A, Class A, 3.840%, 5/14/2032, 144A		1,270,207
	13,500,000	OneMain Financial Issuance Trust, Series 2021-1A, Class A2, 30 day USD SOFR Average + 0.760%, 5.827%, 6/16/2036, 144A(b)		13,179,307
	18,611,200	Textainer Marine Containers Ltd., Series 2021-3A, Class A, 1.940%, 8/20/2046, 144A		15,322,348

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Other – continued
	$       3,099,656	Textainer Marine Containers VIII Ltd., Series 2020-2A, Class A, 2.100%, 9/20/2045, 144A	$	2,712,797
	15,890,000	Wheels Fleet Lease Funding 1 LLC, Series 2023-1A, Class A, 5.800%, 4/18/2038, 144A		15,810,089
				101,784,743
		ABS Student Loan – 0.6%
	3,291,511	Navient Private Education Refi Loan Trust, Series 2020-HA, Class A, 1.310%, 1/15/2069, 144A		2,973,808
	8,716,137	Navient Private Education Refi Loan Trust, Series 2021-CA, Class A, 1.060%, 10/15/2069, 144A		7,555,470
	8,929,332	Navient Private Education Refi Loan Trust, Series 2023-A, Class A, 5.510%, 10/15/2071, 144A		8,790,302
	3,223,158	SMB Private Education Loan Trust, Series 2021-A, Class APT2, 1.070%, 1/15/2053, 144A		2,754,881
	7,833,739	SMB Private Education Loan Trust, Series 2021-C, Class A2, 1 mo. USD LIBOR + 0.800%, 5.993%, 1/15/2053, 144A(b)		7,614,199
	9,001,278	SMB Private Education Loan Trust, Series 2023-A, Class A1A, 5.380%, 1/15/2053, 144A		8,933,049
	2,264,604	SoFi Professional Loan Program Trust, Series 2020-A, Class A2FX, 2.540%, 5/15/2046, 144A		2,084,031
				40,705,740
		ABS Whole Business – 0.3%
	7,181,600	Domino’s Pizza Master Issuer LLC, Series 2018-1A, Class A2I, 4.116%, 7/25/2048, 144A		6,801,241
	4,725,188	Planet Fitness Master Issuer LLC, Series 2022-1A, Class A2I, 3.251%, 12/05/2051, 144A		4,169,916
	11,958,625	Planet Fitness Master Issuer LLC, Series 2022-1A, Class A2II, 4.008%, 12/05/2051, 144A		9,603,446
				20,574,603
		Aerospace & Defense – 0.7%
	15,199,000	Boeing Co., 5.705%, 5/01/2040		15,161,106
	20,159,000	Boeing Co., 5.805%, 5/01/2050		20,085,437
	11,659,000	Embraer Netherlands Finance BV, 5.050%, 6/15/2025		11,484,115
	1,329,000	Textron, Inc., 3.000%, 6/01/2030		1,158,445
				47,889,103
		Agency Commercial Mortgage-Backed Securities – 0.6%
	1,725,000	Federal Home Loan Mortgage Corp., 3.100%, 6/01/2037		1,437,719
	1,598,000	Federal Home Loan Mortgage Corp., 3.100%, 6/01/2037		1,331,869
	2,103,000	Federal Home Loan Mortgage Corp., 3.100%, 6/01/2037		1,752,767
	6,087,674	Federal Home Loan Mortgage Corp., 3.350%, 8/01/2037		5,326,864

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Agency Commercial Mortgage-Backed Securities – continued
	$       3,634,653	Federal Home Loan Mortgage Corp., 3.450%, 5/01/2037	$	3,237,625
	1,253,266	Federal Home Loan Mortgage Corp., 3.700%, 5/01/2037		1,142,448
	8,659,495	Federal Home Loan Mortgage Corp., 3.750%, 5/01/2037		7,829,655
	2,092,705	Federal Home Loan Mortgage Corp., 3.900%, 7/01/2037		1,918,527
	2,093,461	Federal Home Loan Mortgage Corp., 3.900%, 7/01/2037		1,921,719
	7,013,000	Federal National Mortgage Association, 3.850%, 9/01/2037		6,353,070
	160,000	Federal National Mortgage Association, 3.940%, 9/01/2032		153,084
	6,609,375	Federal National Mortgage Association, 4.240%, 7/01/2038		6,229,513
				38,634,860
		Airlines – 0.9%
	5,874,112	American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.500%, 4/20/2026, 144A		5,819,422
	5,620,467	American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.750%, 4/20/2029, 144A		5,457,354
	1,416,818	Continental Airlines Pass-Through Trust, Series 2012-2A, Class A, 4.000%, 4/29/2026		1,370,998
	14,751,433	Delta Air Lines, Inc./SkyMiles IP Ltd., 4.750%, 10/20/2028, 144A		14,319,053
	3,367,460	United Airlines Pass-Through Trust, Series 2020-1, Class B, 4.875%, 7/15/2027		3,229,360
	22,605,000	United Airlines Pass-Through Trust, Series 2023-1, 5.800%, 7/15/2037		23,032,234
	2,266,000	United Airlines, Inc., 4.375%, 4/15/2026, 144A		2,152,940
	3,543,000	United Airlines, Inc., 4.625%, 4/15/2029, 144A		3,228,268
				58,609,629
		Apartment REITs – 0.0%
	1,715,000	American Homes 4 Rent LP, 3.375%, 7/15/2051		1,120,563
		Automotive – 1.3%
	11,690,000	Ford Motor Credit Co. LLC, 6.800%, 5/12/2028		11,700,720
	5,315,000	Ford Motor Credit Co. LLC, 6.950%, 3/06/2026		5,343,164
	17,142,000	General Motors Co., 5.000%, 4/01/2035		15,538,175
	1,000,000	General Motors Financial Co., Inc., 2.350%, 1/08/2031		783,344
	5,067,000	General Motors Financial Co., Inc., 2.900%, 2/26/2025		4,807,730

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Automotive – continued
	$     12,034,000	Goodyear Tire & Rubber Co., 5.625%, 4/30/2033	$	10,476,444
	6,206,000	Hyundai Capital America, 2.375%, 10/15/2027, 144A		5,429,595
	10,356,000	Hyundai Capital America, 2.650%, 2/10/2025, 144A		9,814,289
	7,453,000	Hyundai Capital America, 3.000%, 2/10/2027, 144A		6,793,272
	1,725,000	Lear Corp., 3.550%, 1/15/2052		1,150,846
	12,381,000	Lear Corp., 5.250%, 5/15/2049		10,759,306
	7,676,000	Nissan Motor Co. Ltd., 3.043%, 9/15/2023, 144A		7,621,692
				90,218,577
		Banking – 6.8%
	10,051,000	Banco Santander Chile, 2.700%, 1/10/2025, 144A		9,611,242
	11,000,000	Banco Santander SA, 1.849%, 3/25/2026		9,840,600
	3,800,000	Banco Santander SA, 2.958%, 3/25/2031		3,133,444
	15,850,000	Bangkok Bank PCL, 4.050%, 3/19/2024, 144A		15,642,034
	4,000,000	Bank of America Corp., (fixed rate to 11/10/2027, variable rate thereafter), 6.204%, 11/10/2028		4,111,396
	26,146,000	Bank of America Corp., (fixed rate to 4/22/2024, variable rate thereafter), 0.976%, 4/22/2025		25,066,627
	5,475,000	Bank of America Corp., (fixed rate to 4/24/2027, variable rate thereafter), 3.705%, 4/24/2028		5,131,483
	16,280,000	Bank of America Corp., (fixed rate to 4/25/2033, variable rate thereafter), 5.288%, 4/25/2034		16,128,697
	24,210,000	Bank of America Corp., MTN, (fixed rate to 4/23/2026, variable rate thereafter), 3.559%, 4/23/2027		22,952,814
	18,664,000	Barclays PLC, (fixed rate to 3/10/2041, variable rate thereafter), 3.811%, 3/10/2042		13,262,800
	7,864,000	BBVA Bancomer SA, 1.875%, 9/18/2025, 144A		7,234,867
	13,513,000	BNP Paribas SA, (fixed rate to 1/13/2026, variable rate thereafter), 1.323%, 1/13/2027, 144A		11,983,062
	26,613,000	BNP Paribas SA, (fixed rate to 11/19/2024, variable rate thereafter), 2.819%, 11/19/2025, 144A		25,375,251
	23,405,000	Capital One Financial Corp., (fixed rate to 6/08/2033, variable rate thereafter), 6.377%, 6/08/2034		23,237,313
	1,154,000	Citigroup, Inc., (fixed rate to 5/01/2024, variable rate thereafter), 0.981%, 5/01/2025		1,104,247
	9,038,000	Deutsche Bank AG, 1.686%, 3/19/2026		8,139,438
	8,585,000	Deutsche Bank AG, (fixed rate to 10/07/2031, variable rate thereafter), 3.742%, 1/07/2033		6,295,981

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Banking – continued
	$       6,737,000	Deutsche Bank AG, (fixed rate to 10/14/2030, variable rate thereafter), 3.729%, 1/14/2032	$	5,094,494
	1,750,000	Deutsche Bank AG, (fixed rate to 11/10/2032, variable rate thereafter), 7.079%, 2/10/2034		1,618,811
	10,680,000	Deutsche Bank AG, (fixed rate to 11/24/2025, variable rate thereafter), 2.129%, 11/24/2026		9,502,222
	12,486,000	Goldman Sachs Group, Inc., 6.750%, 10/01/2037		13,429,239
	6,320,000	Goldman Sachs Group, Inc., (fixed rate to 6/05/2027, variable rate thereafter), 3.691%, 6/05/2028		5,937,912
	1,326,000	HSBC Holdings PLC, 4.950%, 3/31/2030		1,305,399
	13,610,000	HSBC Holdings PLC, (fixed rate to 5/24/2024, variable rate thereafter), 0.976%, 5/24/2025		12,947,860
	4,740,000	Intesa Sanpaolo SpA, (fixed rate to 6/01/2031, variable rate thereafter), 4.198%, 6/01/2032, 144A		3,530,589
	24,590,000	JPMorgan Chase & Co., (fixed rate to 10/15/2029, variable rate thereafter), 2.739%, 10/15/2030		21,182,388
	14,076,000	JPMorgan Chase & Co., (fixed rate to 5/13/2030, variable rate thereafter), 2.956%, 5/13/2031		12,069,471
	14,145,000	Macquarie Bank Ltd., 3.231%, 3/21/2025, 144A		13,571,973
	7,950,000	Mitsubishi UFJ Financial Group, Inc., (fixed rate to 4/19/2033, variable rate thereafter), 5.406%, 4/19/2034		7,888,585
	13,321,000	Morgan Stanley, 3 mo. USD LIBOR + 1.340%, 3.591%, 7/22/2028(a)		12,291,146
	1,500,000	Morgan Stanley, (fixed rate to 2/01/2028, variable rate thereafter), 5.123%, 2/01/2029		1,479,355
	10,135,000	Morgan Stanley, (fixed rate to 4/20/2028, variable rate thereafter), 5.164%, 4/20/2029		10,011,209
	5,600,000	PNC Financial Services Group, Inc., (fixed rate to 1/24/2033, variable rate thereafter), 5.068%, 1/24/2034		5,370,177
	11,465,000	Santander Holdings USA, Inc., (fixed rate to 1/06/2027, variable rate thereafter), 2.490%, 1/06/2028		9,902,096
	24,503,000	Societe Generale SA, 2.625%, 1/22/2025, 144A		23,024,342
	18,840,000	Standard Chartered PLC, (fixed rate to 1/12/2032, variable rate thereafter), 3.603%, 1/12/2033, 144A		15,088,956
	22,346,000	Standard Chartered PLC, (fixed rate to 1/30/2025, variable rate thereafter), 2.819%, 1/30/2026, 144A		21,068,971
	660,000	Standard Chartered PLC, (fixed rate to 3/15/2028, variable rate thereafter), 4.866%, 3/15/2033, 144A		597,642
	5,660,000	Sumitomo Mitsui Financial Group, Inc., 1.474%, 7/08/2025		5,197,947
	10,888,000	Sumitomo Mitsui Financial Group, Inc., 3.040%, 7/16/2029		9,511,088
	6,655,000	Truist Financial Corp., MTN, (fixed rate to 6/08/2033, variable rate thereafter), 5.867%, 6/08/2034		6,657,738
	5,040,000	UBS Group AG, (fixed rate to 11/15/2032, variable rate thereafter), 9.016%, 11/15/2033, 144A		6,041,136

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Banking – continued
	$          690,000	UBS Group AG, (fixed rate to 7/15/2025, variable rate thereafter), 6.373%, 7/15/2026, 144A	$	685,642
	7,695,000	UBS Group AG, (fixed rate to 8/11/2027, variable rate thereafter), 6.442%, 8/11/2028, 144A		7,723,318
	15,845,000	UniCredit SpA, (fixed rate to 6/03/2026, variable rate thereafter), 1.982%, 6/03/2027, 144A		13,954,994
				464,935,996
		Building Materials – 0.4%
	15,155,000	American Builders & Contractors Supply Co., Inc., 3.875%, 11/15/2029, 144A		13,025,268
	8,962,000	Cemex SAB de CV, 3.875%, 7/11/2031, 144A		7,545,147
	9,128,000	Mohawk Industries, Inc., 3.625%, 5/15/2030		8,248,061
	17,000	Summit Materials LLC/Summit Materials Finance Corp., 5.250%, 1/15/2029, 144A		16,061
				28,834,537
		Cable Satellite – 0.7%
	17,010,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.250%, 1/15/2034, 144A		12,855,610
	21,060,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 5.500%, 4/01/2063		16,956,132
	5,285,000	Time Warner Cable LLC, 4.500%, 9/15/2042		3,953,139
	783,000	Time Warner Cable LLC, 5.500%, 9/01/2041		651,405
	2,245,000	Time Warner Cable LLC, 5.875%, 11/15/2040		1,980,426
	7,162,000	Time Warner Cable LLC, 6.550%, 5/01/2037		6,866,025
	1,707,000	Time Warner Cable LLC, 6.750%, 6/15/2039		1,640,559
				44,903,296
		Chemicals – 1.1%
	1,610,000	Alpek SAB de CV, 3.250%, 2/25/2031, 144A		1,301,041
	21,698,000	Braskem America Finance Co., 7.125%, 7/22/2041, 144A		20,950,875
	6,925,000	Celanese U.S. Holdings LLC, 6.050%, 3/15/2025		6,896,706
	4,145,000	Celanese U.S. Holdings LLC, 6.330%, 7/15/2029		4,116,477
	6,640,000	Celanese U.S. Holdings LLC, 6.379%, 7/15/2032		6,697,591
	4,410,000	Nutrien Ltd., 5.800%, 3/27/2053		4,424,860
	8,271,000	Orbia Advance Corp. SAB de CV, 5.875%, 9/17/2044, 144A		7,232,634

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Chemicals – continued
	$       9,466,000	Orbia Advance Corp. SAB de CV, 6.750%, 9/19/2042, 144A	$	9,300,345
	3,830,000	Sociedad Quimica y Minera de Chile SA, 3.500%, 9/10/2051, 144A		2,697,660
	10,424,000	Sociedad Quimica y Minera de Chile SA, 4.250%, 1/22/2050, 144A		8,353,585
				71,971,774
		Collateralized Mortgage Obligations – 0.1%
	188,668	Government National Mortgage Association, Series 2010-H24, Class FA, 1 mo. USD LIBOR + 0.350%, 5.444%, 10/20/2060(b)		187,360
	114,640	Government National Mortgage Association, Series 2012-H18, Class NA, 1 mo. USD LIBOR + 0.520%, 5.614%, 8/20/2062(b)		113,969
	637	Government National Mortgage Association, Series 2013-H01, Class FA, 1.650%, 1/20/2063(c)		549
	8,726	Government National Mortgage Association, Series 2013-H03, Class HA, 1.750%, 12/20/2062(c)		7,578
	10,215	Government National Mortgage Association, Series 2013-H04, Class BA, 1.650%, 2/20/2063(c)		9,196
	85,208	Government National Mortgage Association, Series 2013-H10, Class PA, 2.500%, 4/20/2063(c)		76,017
	5,609,149	Government National Mortgage Association, Series 2015-H10, Class JA, 2.250%, 4/20/2065		5,398,829
	6,762	Government National Mortgage Association, Series 2015-H13, Class FL, 1 mo. USD LIBOR + 0.280%, 4.909%, 5/20/2063(b)(c)		6,425
				5,799,923
		Consumer Cyclical Services – 0.0%
	1,791,000	Expedia Group, Inc., 6.250%, 5/01/2025, 144A		1,796,824
		Consumer Products – 0.2%
	2,157,000	Kimberly-Clark de Mexico SAB de CV, 2.431%, 7/01/2031, 144A		1,829,891
	5,750,000	Natura & Co.Luxembourg Holdings Sarl, 6.000%, 4/19/2029, 144A		5,341,692
	11,615,000	Natura Cosmeticos SA, 4.125%, 5/03/2028, 144A		10,047,821
				17,219,404
		Electric – 1.4%
	3,587,000	AES Corp., 3.300%, 7/15/2025, 144A		3,387,341
	1,609,000	AES Corp., 3.950%, 7/15/2030, 144A		1,442,497
	10,104,000	Calpine Corp., 5.000%, 2/01/2031, 144A		8,356,745
	12,220,000	CenterPoint Energy, Inc., SOFR Index + 0.650%, 5.739%, 5/13/2024(b)		12,207,373
	13,354,000	Clearway Energy Operating LLC, 3.750%, 2/15/2031, 144A		11,081,821

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Electric – continued
	$     20,355,874	Cometa Energia SA de CV, 6.375%, 4/24/2035, 144A	$	19,745,135
	2,415,000	DPL, Inc., 4.350%, 4/15/2029		2,114,045
	852,000	Edison International, 4.950%, 4/15/2025		833,920
	2,811,000	Enel Americas SA, 4.000%, 10/25/2026		2,708,427
	1,348,000	Enel Generacion Chile SA, 4.250%, 4/15/2024		1,319,859
	4,316,000	Entergy Corp., 2.800%, 6/15/2030		3,658,308
	750,000	IPALCO Enterprises, Inc., 4.250%, 5/01/2030		678,548
	10,966,000	National Rural Utilities Cooperative Finance Corp., 3 mo. USD LIBOR + 2.910%, 8.209%, 4/30/2043(b)		10,632,634
	3,800,000	NRG Energy, Inc., 3.875%, 2/15/2032, 144A		2,927,845
	5,584,000	Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.500%, 8/15/2028, 144A		5,100,046
	7,133,000	Transelec SA, 4.250%, 1/14/2025, 144A		6,950,102
				93,144,646
		Finance Companies – 2.1%
	6,365,000	AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 3.000%, 10/29/2028		5,503,515
	18,150,000	Air Lease Corp., GMTN, 3.750%, 6/01/2026		17,151,948
	20,287,000	Aircastle Ltd., 2.850%, 1/26/2028, 144A		17,251,863
	22,772,000	Ares Capital Corp., 2.150%, 7/15/2026		19,745,010
	15,425,000	Avolon Holdings Funding Ltd., 2.750%, 2/21/2028, 144A		12,994,461
	18,679,000	FS KKR Capital Corp., 3.400%, 1/15/2026		16,988,610
	6,000,000	Navient Corp., 5.000%, 3/15/2027		5,367,733
	6,547,000	Navient Corp., MTN, 6.125%, 3/25/2024		6,495,782
	5,850,000	OneMain Finance Corp., 3.500%, 1/15/2027		5,018,949
	8,215,000	OneMain Finance Corp., 3.875%, 9/15/2028		6,715,763
	4,262,000	Owl Rock Capital Corp., 2.625%, 1/15/2027		3,617,842
	13,397,000	Owl Rock Capital Corp., 3.400%, 7/15/2026		11,866,610
	10,958,000	Owl Rock Technology Finance Corp., 3.750%, 6/17/2026, 144A		9,589,596

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Finance Companies – continued
	$       5,769,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.875%, 3/01/2031, 144A	$	4,677,837
	1,655,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 4.000%, 10/15/2033, 144A		1,294,607
				144,280,126
		Financial Other – 0.1%
	4,763,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.375%, 2/01/2029		3,742,289
		Food & Beverage – 0.7%
	6,258,000	Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.900%, 2/01/2046		5,981,339
	13,823,000	Anheuser-Busch InBev Worldwide, Inc., 4.350%, 6/01/2040		12,710,794
	14,008,000	BRF SA, 5.750%, 9/21/2050, 144A		9,355,803
	2,032,000	Gruma SAB de CV, 4.875%, 12/01/2024, 144A		2,011,375
	11,530,000	Minerva Luxembourg SA, 4.375%, 3/18/2031, 144A		9,021,553
	6,134,000	Post Holdings, Inc., 4.500%, 9/15/2031, 144A		5,238,643
	4,996,000	Post Holdings, Inc., 4.625%, 4/15/2030, 144A		4,378,290
	1,599,000	Smithfield Foods, Inc., 3.000%, 10/15/2030, 144A		1,253,706
				49,951,503
		Government Owned - No Guarantee – 1.5%
	6,872,000	Antares Holdings LP, 3.950%, 7/15/2026, 144A		6,025,782
	17,141,000	BOC Aviation USA Corp., 1.625%, 4/29/2024, 144A		16,538,129
	3,903,000	Empresa de los Ferrocarriles del Estado, 3.068%, 8/18/2050, 144A		2,371,073
	8,230,000	Freeport Indonesia PT, 5.315%, 4/14/2032, 144A		7,797,431
	6,355,000	Korea National Oil Corp., 4.875%, 4/03/2028, 144A		6,292,339
	16,956,000	NBN Co. Ltd., 1.450%, 5/05/2026, 144A		15,252,477
	7,985,000	OCP SA, 3.750%, 6/23/2031, 144A		6,588,583
	11,538,000	Saudi Arabian Oil Co., 3.500%, 11/24/2070, 144A		7,648,540
	11,825,000	Tennessee Valley Authority, 4.250%, 9/15/2065		10,603,519
	7,669,000	Tennessee Valley Authority, 4.625%, 9/15/2060		7,419,860
	5,427,000	Tennessee Valley Authority, 4.875%, 1/15/2048		5,496,978

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Government Owned - No Guarantee – continued
	$       9,290,000	Tennessee Valley Authority, 5.250%, 9/15/2039	$	9,852,635
				101,887,346
		Health Insurance – 0.1%
	7,364,000	Centene Corp., 3.375%, 2/15/2030		6,328,916
		Healthcare – 0.2%
	2,650,000	CVS Health Corp., 5.250%, 1/30/2031		2,641,683
	12,395,000	HCA, Inc., 4.625%, 3/15/2052, 144A		10,185,551
				12,827,234
		Home Construction – 0.2%
	4,801,000	Forestar Group, Inc., 3.850%, 5/15/2026, 144A		4,411,447
	8,905,000	NVR, Inc., 3.000%, 5/15/2030		7,712,964
				12,124,411
		Independent Energy – 0.6%
	8,952,000	Devon Energy Corp., 4.500%, 1/15/2030		8,426,724
	11,391,292	Energean Israel Finance Ltd., 4.500%, 3/30/2024, 144A		11,254,597
	1,765,000	EQT Corp., 3.125%, 5/15/2026, 144A		1,622,759
	4,696,000	EQT Corp., 3.900%, 10/01/2027		4,341,544
	601,000	EQT Corp., 5.000%, 1/15/2029		565,835
	9,078,204	Leviathan Bond Ltd., 6.125%, 6/30/2025, 144A		8,884,566
	5,835,000	Pan American Energy LLC, 9.125%, 4/30/2027, 144A		6,299,816
				41,395,841
		Industrial Other – 0.0%
	3,408,000	Georgetown University, Series A, 5.215%, 10/01/2118		3,128,203
		Life Insurance – 0.2%
	14,171,000	Brighthouse Financial, Inc., 5.625%, 5/15/2030		13,659,600
	2,327,000	OneAmerica Financial Partners, Inc., 4.250%, 10/15/2050, 144A		1,663,898
				15,323,498

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Lodging – 0.1%
	$       6,397,000	Hilton Domestic Operating Co., Inc., 3.625%, 2/15/2032, 144A	$	5,333,413
		Media Entertainment – 0.8%
	54,020,000	Grupo Televisa SAB, EMTN, 7.250%, 5/14/2043, (MXN)		2,045,199
	5,553,000	Outfront Media Capital LLC/Outfront Media Capital Corp., 4.250%, 1/15/2029, 144A		4,666,519
	12,303,000	Prosus NV, 3.680%, 1/21/2030, 144A		10,444,264
	13,750,000	Prosus NV, 3.832%, 2/08/2051, 144A		8,447,698
	15,925,000	Warnermedia Holdings, Inc., 3.528%, 3/15/2024		15,635,608
	20,770,000	Warnermedia Holdings, Inc., 5.391%, 3/15/2062		16,926,949
				58,166,237
		Metals & Mining – 0.9%
	1,835,000	Anglo American Capital PLC, 2.250%, 3/17/2028, 144A		1,576,924
	3,620,000	Anglo American Capital PLC, 3.875%, 3/16/2029, 144A		3,289,678
	3,322,000	Anglo American Capital PLC, 3.950%, 9/10/2050, 144A		2,463,319
	7,696,000	Anglo American Capital PLC, 5.625%, 4/01/2030, 144A		7,660,805
	9,977,000	FMG Resources August 2006 Pty. Ltd., 4.375%, 4/01/2031, 144A		8,518,483
	14,428,000	Fresnillo PLC, 4.250%, 10/02/2050, 144A		10,804,552
	25,662,000	Glencore Funding LLC, 2.500%, 9/01/2030, 144A		21,012,302
	5,290,000	POSCO, 5.625%, 1/17/2026, 144A		5,267,261
	3,555,000	SunCoke Energy, Inc., 4.875%, 6/30/2029, 144A		2,985,692
				63,579,016
		Midstream – 0.7%
	568,000	Energy Transfer LP, 5.150%, 2/01/2043		482,558
	1,500,000	Energy Transfer LP, 5.300%, 4/15/2047		1,304,655
	125,000	Energy Transfer LP, 5.400%, 10/01/2047		110,172
	4,900,000	Energy Transfer LP, 5.950%, 10/01/2043		4,571,347
	8,548,000	Energy Transfer LP, 6.500%, 2/01/2042		8,656,860
	1,338,000	Energy Transfer LP, 6.625%, 10/15/2036		1,368,679

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Midstream – continued
	$       2,445,000	EQM Midstream Partners LP, 6.500%, 7/01/2027, 144A	$	2,411,433
	2,014,000	Gray Oak Pipeline LLC, 2.600%, 10/15/2025, 144A		1,849,101
	982,000	Gray Oak Pipeline LLC, 3.450%, 10/15/2027, 144A		877,566
	12,960,000	Sempra Global, 3.250%, 1/15/2032, 144A		10,407,628
	930,000	Targa Resources Partners LP/Targa Resources Partners Finance Corp., 6.500%, 7/15/2027		923,264
	13,096,000	Williams Cos., Inc., 3.500%, 11/15/2030		11,707,199
				44,670,462
		Mortgage Related – 22.3%
	47,126,456	Federal Home Loan Mortgage Corp., 1.500%, with various maturities from 2050 to 2051(d)		35,384,653
	114,172,612	Federal Home Loan Mortgage Corp., 2.000%, with various maturities from 2050 to 2052(d)		93,129,897
	42,513,384	Federal Home Loan Mortgage Corp., 2.500%, with various maturities from 2050 to 2051(d)		36,014,458
	54,772,545	Federal Home Loan Mortgage Corp., 3.000%, with various maturities from 2042 to 2052(d)		48,489,982
	15,881,208	Federal Home Loan Mortgage Corp., 3.500%, with various maturities from 2043 to 2052(d)		14,616,247
	60,462,042	Federal Home Loan Mortgage Corp., 4.000%, with various maturities from 2044 to 2052(d)		56,776,606
	25,128,914	Federal Home Loan Mortgage Corp., 4.500%, with various maturities from 2041 to 2052(d)		24,227,393
	13,623,416	Federal Home Loan Mortgage Corp., 5.000%, with various maturities from 2048 to 2052(d)		13,556,963
	11,028,044	Federal Home Loan Mortgage Corp., 5.500%, with various maturities in 2053(d)		11,062,234
	18,675,969	Federal Home Loan Mortgage Corp., 6.000%, with various maturities from 2035 to 2053(d)		18,966,555
	1,896,908	Federal Home Loan Mortgage Corp., 6.500%, with various maturities in 2053(d)		1,957,435
	261,954,230	Federal National Mortgage Association, 2.000%, with various maturities from 2037 to 2052(d)		218,513,867
	596,782,040	Federal National Mortgage Association, 2.500%, with various maturities from 2045 to 2062(d)		494,027,578
	62,639,515	Federal National Mortgage Association, 3.000%, with various maturities from 2045 to 2052(d)		55,671,154
	117,153,957	Federal National Mortgage Association, 3.500%, with various maturities from 2043 to 2052(d)		106,743,354
	37,835,232	Federal National Mortgage Association, 4.000%, with various maturities from 2041 to 2052(d)		35,765,068
	35,652,100	Federal National Mortgage Association, 4.500%, with various maturities from 2043 to 2053(d)		34,423,435
	124,525,639	Federal National Mortgage Association, 5.000%, with various maturities from 2048 to 2053(d)		122,353,506

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Mortgage Related – continued
	$       8,660,044	Federal National Mortgage Association, 5.500%, with various maturities from 2050 to 2053(d)	$	8,711,223
	32,895,090	Federal National Mortgage Association, 6.000%, with various maturities from 2034 to 2053(d)		33,482,377
	3,364,644	Federal National Mortgage Association, 6.500%, with various maturities from 2029 to 2053(d)		3,471,959
	16,082	Federal National Mortgage Association, 7.000%, with various maturities in 2030(d)		15,963
	8,888	Federal National Mortgage Association, 7.500%, with various maturities from 2024 to 2032(d)		9,033
	4,471	Government National Mortgage Association, 3.660%, 7/20/2063(a)		4,301
	1,125	Government National Mortgage Association, 3.890%, 12/20/2062(a)		1,055
	3,311,921	Government National Mortgage Association, 4.371%, 11/20/2066(a)		3,224,713
	5,212,013	Government National Mortgage Association, 4.377%, 12/20/2066(a)		5,037,460
	1,230,697	Government National Mortgage Association, 4.388%, 12/20/2063(a)		1,205,993
	17,754	Government National Mortgage Association, 4.390%, 11/20/2062(a)		16,721
	2,484,637	Government National Mortgage Association, 4.421%, 2/20/2066(a)		2,411,367
	2,277	Government National Mortgage Association, 4.422%, 5/20/2063(a)		2,206
	1,121,240	Government National Mortgage Association, 4.425%, 2/20/2066(a)		1,086,148
	1,338,302	Government National Mortgage Association, 4.426%, 10/20/2066(a)		1,294,597
	1,487,368	Government National Mortgage Association, 4.450%, 6/20/2066(a)		1,446,770
	1,246,325	Government National Mortgage Association, 4.480%, 6/20/2064(a)		1,218,471
	1,717,332	Government National Mortgage Association, 4.491%, 9/20/2066(a)		1,667,842
	2,402,521	Government National Mortgage Association, 4.507%, 6/20/2066(a)		2,333,714
	2,326,361	Government National Mortgage Association, 4.508%, 12/20/2064(a)		2,273,138
	2,063,673	Government National Mortgage Association, 4.574%, 2/20/2065(a)		2,013,552
	4,225,918	Government National Mortgage Association, 4.594%, with various maturities in 2064(a)(d)		4,143,242
	1,205,126	Government National Mortgage Association, 4.612%, 4/20/2066(a)		1,174,417
	840,213	Government National Mortgage Association, 4.613%, 1/20/2065(a)		822,150
	2,247,906	Government National Mortgage Association, 4.615%, 3/20/2066(a)		2,182,047
	1,235,762	Government National Mortgage Association, 4.619%, 3/20/2065(a)		1,204,674

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Mortgage Related – continued
	$       3,086,222	Government National Mortgage Association, 4.620%, 2/20/2065(a)	$	3,009,729
	1,686,388	Government National Mortgage Association, 4.633%, 6/20/2064(a)		1,654,286
	1,912,577	Government National Mortgage Association, 4.641%, 12/20/2064(a)		1,875,154
	2,649	Government National Mortgage Association, 4.657%, 5/20/2063(a)		2,580
	4,318,200	Government National Mortgage Association, 4.659%, 12/20/2066(a)		4,194,423
	188,278	Government National Mortgage Association, 4.664%, 1/20/2064(a)		186,812
	3,445	Government National Mortgage Association, 4.677%, 8/20/2061(a)		3,364
	2,363,040	Government National Mortgage Association, 4.693%, 1/20/2065(a)		2,310,085
	1,082,306	Government National Mortgage Association, 4.700%, with various maturities from 2062 to 2066(a)(d)		1,050,825
	1,585,120	Government National Mortgage Association, 4.728%, 1/20/2064(a)		1,558,458
	75,075	Government National Mortgage Association, 5.500%, 4/15/2038		77,050
	14,626	Government National Mortgage Association, 6.000%, with various maturities from 2029 to 2038(d)		14,928
	16,114	Government National Mortgage Association, 6.500%, with various maturities from 2029 to 2032(d)		16,430
	12,843	Government National Mortgage Association, 7.000%, 9/15/2025		12,792
	1,721	Government National Mortgage Association, 7.500%, with various maturities from 2025 to 2030(d)		1,728
				1,518,104,162
		Natural Gas – 0.0%
	2,701,000	Boston Gas Co., 3.001%, 8/01/2029, 144A		2,326,898
		Non-Agency Commercial Mortgage-Backed Securities – 1.9%
	22,085,000	AOA Mortgage Trust, Series 2021-1177, Class A, 1 mo. USD LIBOR + 0.874%, 6.068%, 10/15/2038, 144A(b)		20,216,742
	1,531,640	BANK, Series 2019-BN16, Class A4, 4.005%, 2/15/2052		1,419,577
	3,409,380	BANK, Series 2019-BN20, Class A3, 3.011%, 9/15/2062		2,936,352
	12,696,152	BANK, Series 2019-BN22, Class A4, 2.978%, 11/15/2062		10,982,815
	6,138,240	BANK, Series 2019-BN24, Class A3, 2.960%, 11/15/2062		5,322,450
	7,135,000	BPR Trust, Series 2021-NRD, Class A, 1 mo. USD SOFR + 1.525%, 6.627%, 12/15/2038, 144A(b)		6,688,687
	14,179,842	Citigroup Commercial Mortgage Trust, Series 2019-C7, Class A4, 3.102%, 12/15/2072		12,287,088

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Non-Agency Commercial Mortgage-Backed Securities – continued
	$       7,070,071	Citigroup Commercial Mortgage Trust, Series 2019-GC43, Class A4, 3.038%, 11/10/2052	$	6,055,246
	8,877,514	Citigroup Commercial Mortgage Trust, Series 2020-GC46, Class A5, 2.717%, 2/15/2053		7,480,699
	774,794	Commercial Mortgage Trust, Series 2010-C1, Class D, 5.985%, 7/10/2046, 144A(a)		733,721
	2,112,208	Credit Suisse Mortgage Trust, Series 2014-USA, Class A1, 3.304%, 9/15/2037, 144A		1,774,105
	11,367,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class A2, 3.953%, 9/15/2037, 144A		9,798,415
	7,801,458	Extended Stay America Trust, Series 2021-ESH, Class A, 1 mo. USD LIBOR + 1.080%, 6.274%, 7/15/2038, 144A(b)		7,647,243
	1,431,151	Extended Stay America Trust, Series 2021-ESH, Class D, 1 mo. USD LIBOR + 2.250%, 7.444%, 7/15/2038, 144A(b)		1,390,740
	5,627,003	GS Mortgage Securities Trust, Series 2011-GC5, Class C, 5.297%, 8/10/2044, 144A(a)		3,914,470
	2,317,554	GS Mortgage Securities Trust, Series 2014-GC18, Class B, 4.885%, 1/10/2047(a)		1,904,024
	6,596,065	GS Mortgage Securities Trust, Series 2020-GC45, Class A5, 2.911%, 2/13/2053		5,640,744
	8,330,022	Med Trust, Series 2021-MDLN, Class A, 1 mo. USD LIBOR + 0.950%, 6.144%, 11/15/2038, 144A(b)		8,074,946
	3,825,000	Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C11, Class A4, 4.284%, 8/15/2046(a)		3,811,304
	4,982,141	WFRBS Commercial Mortgage Trust, Series 2011-C4, Class D, 4.992%, 6/15/2044, 144A(a)		4,295,737
	5,245,978	WFRBS Commercial Mortgage Trust, Series 2014-C20, Class AS, 4.176%, 5/15/2047		5,071,113
				127,446,218
		Other REITs – 0.0%
	3,790,000	EPR Properties, 3.600%, 11/15/2031		2,955,670
		Paper – 0.2%
	11,175,000	Klabin Austria GmbH, 7.000%, 4/03/2049, 144A		10,709,003
		Pharmaceuticals – 0.7%
	12,370,000	Amgen, Inc., 5.750%, 3/02/2063		12,548,592
	14,750,000	Pfizer Investment Enterprises Pte. Ltd., 5.300%, 5/19/2053		15,335,299
	10,284,000	Teva Pharmaceutical Finance Netherlands III BV, 3.150%, 10/01/2026		9,214,935
	7,588,000	Teva Pharmaceutical Finance Netherlands III BV, 7.125%, 1/31/2025		7,689,907
	1,903,000	Viatris, Inc., 4.000%, 6/22/2050		1,258,528
				46,047,261

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Property & Casualty Insurance – 0.1%
	$       2,585,000	Ascot Group Ltd., 4.250%, 12/15/2030, 144A	$	1,985,197
	5,865,000	Liberty Mutual Group, Inc., 3.950%, 5/15/2060, 144A		4,148,200
				6,133,397
		Refining – 0.2%
	1,000,000	Thaioil Treasury Center Co. Ltd., 3.750%, 6/18/2050, 144A		668,451
	19,664,000	Thaioil Treasury Center Co. Ltd., 4.875%, 1/23/2043, 144A		16,058,213
				16,726,664
		Retailers – 0.6%
	3,081,000	Alibaba Group Holding Ltd., 3.250%, 2/09/2061		1,904,623
	12,355,000	Dick’s Sporting Goods, Inc., 4.100%, 1/15/2052		8,578,734
	15,880,000	El Puerto de Liverpool SAB de CV, 3.875%, 10/06/2026, 144A		15,050,270
	8,985,000	Falabella SA, 3.375%, 1/15/2032, 144A		7,030,762
	2,037,000	Hanesbrands, Inc., 4.875%, 5/15/2026, 144A		1,901,613
	6,632,000	Lithia Motors, Inc., 4.375%, 1/15/2031, 144A		5,724,725
	4,582,000	MercadoLibre, Inc., 3.125%, 1/14/2031		3,652,288
				43,843,015
		Sovereigns – 0.6%
	14,229,000	Dominican Republic International Bonds, 4.875%, 9/23/2032, 144A		12,093,141
	9,930,000	Dominican Republic International Bonds, 5.300%, 1/21/2041, 144A		7,767,478
	6,195,000	Panama Government International Bonds, 6.853%, 3/28/2054		6,441,225
	14,320,000	Republic of South Africa Government International Bonds, 7.300%, 4/20/2052		12,069,612
				38,371,456
		Technology – 1.6%
	3,175,000	Baidu, Inc., 2.375%, 10/09/2030		2,628,075
	4,515,000	Baidu, Inc., 3.075%, 4/07/2025		4,307,084
	5,890,000	Broadcom, Inc., 3.137%, 11/15/2035, 144A		4,517,895
	11,954,000	Corning, Inc., 5.450%, 11/15/2079		10,797,643
	2,133,000	Equifax, Inc., 2.600%, 12/15/2025		1,984,317

Principal Amount (‡)			Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
			Technology – continued
	$       4,324,000		Equifax, Inc., 7.000%, 7/01/2037	$	4,596,827
	15,011,000		Hewlett Packard Enterprise Co., 6.200%, 10/15/2035		15,722,585
	12,714,000		Iron Mountain, Inc., 4.500%, 2/15/2031, 144A		10,924,231
	5,460,000		Jabil, Inc., 3.000%, 1/15/2031		4,639,456
	2,250,000		Jabil, Inc., 5.450%, 2/01/2029		2,232,628
	6,151,000		Molex Electronic Technologies LLC, 3.900%, 4/15/2025, 144A		5,853,060
	14,161,000		Oracle Corp., 4.100%, 3/25/2061		10,449,486
	4,505,000		Qorvo, Inc., 1.750%, 12/15/2024, 144A		4,188,964
	3,513,000		Sabre Global, Inc., 7.375%, 9/01/2025, 144A		3,118,174
	39,000		Science Applications International Corp., 4.875%, 4/01/2028, 144A		36,271
	4,204,000		Sensata Technologies, Inc., 3.750%, 2/15/2031, 144A		3,596,486
	13,563,000		Tencent Holdings Ltd., 3.290%, 6/03/2060, 144A		8,402,032
	13,307,000		Ziff Davis, Inc., 4.625%, 10/15/2030, 144A		11,525,426
					109,520,640
			Tobacco – 0.4%
	26,019,000		BAT Capital Corp., 2.789%, 9/06/2024		25,028,403
			Treasuries – 33.7%
	6,294,647	(††)	Mexico Bonos, Series M, 5.750%, 3/05/2026, (MXN)		33,607,980
	12,341,849	(††)	Mexico Bonos, Series M 20, 8.500%, 5/31/2029, (MXN)		71,333,537
	154,795,000		U.S. Treasury Bonds, 1.750%, 8/15/2041		108,749,534
	241,735,000		U.S. Treasury Bonds, 2.000%, 11/15/2041		176,948,132
	71,990,000		U.S. Treasury Bonds, 2.375%, 2/15/2042		56,048,152
	46,925,000		U.S. Treasury Bonds, 3.250%, 5/15/2042		41,873,230
	91,165,000		U.S. Treasury Bonds, 3.375%, 8/15/2042		82,750,043
	47,155,000		U.S. Treasury Bonds, 3.625%, 2/15/2053		45,254,064
	71,525,000		U.S. Treasury Bonds, 3.625%, 5/15/2053		68,742,231

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Treasuries – continued
	$     15,860,000	U.S. Treasury Bonds, 3.875%, 2/15/2043	$	15,463,500
	64,410,000	U.S. Treasury Bonds, 3.875%, 5/15/2043		62,850,070
	—	U.S. Treasury Notes, Zero Coupon, 0.000%		—
	44,585,000	U.S. Treasury Notes, 2.750%, 7/31/2027		42,033,554
	182,200,000	U.S. Treasury Notes, 2.750%, 8/15/2032		167,033,273
	1,135,000	U.S. Treasury Notes, 2.875%, 5/15/2032		1,052,358
	175,885,000	U.S. Treasury Notes, 3.125%, 8/31/2029		167,056,398
	74,440,000	U.S. Treasury Notes, 3.375%, 5/15/2033		71,788,075
	41,465,000	U.S. Treasury Notes, 3.500%, 1/31/2028		40,264,783
	25,800,000	U.S. Treasury Notes, 3.500%, 4/30/2028		25,070,344
	21,635,000	U.S. Treasury Notes, 3.500%, 1/31/2030		20,993,556
	127,735,000	U.S. Treasury Notes, 3.500%, 2/15/2033		124,421,873
	31,760,000	U.S. Treasury Notes, 3.625%, 3/31/2028		31,020,588
	31,255,000	U.S. Treasury Notes, 3.625%, 5/31/2028		30,571,297
	12,305,000	U.S. Treasury Notes, 3.625%, 3/31/2030		12,036,789
	34,855,000	U.S. Treasury Notes, 3.875%, 11/30/2027		34,360,767
	33,275,000	U.S. Treasury Notes, 3.875%, 12/31/2027		32,808,370
	175,610,000	U.S. Treasury Notes, 3.875%, 9/30/2029		173,881,339
	30,770,000	U.S. Treasury Notes, 3.875%, 11/30/2029		30,491,147
	60,010,000	U.S. Treasury Notes, 3.875%, 12/31/2029		59,487,257
	87,650,000	U.S. Treasury Notes, 4.000%, 6/30/2028		87,170,664
	15,815,000	U.S. Treasury Notes, 4.125%, 9/30/2027		15,726,658
	19,250,000	U.S. Treasury Notes, 4.125%, 10/31/2027		19,149,238
	235,490,000	U.S. Treasury Notes, 4.125%, 11/15/2032		240,641,344
	3,941,597,000	Uruguay Government International Bonds, 8.250%, 5/21/2031, (UYU)		96,607,728
	93,095,000	Uruguay Government International Bonds, 8.500%, 3/15/2028, (UYU)		2,371,497

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Treasuries – continued
	213,447,000	Uruguay Government International Bonds, 8.500%, 3/15/2028, 144A, (UYU)	$	5,437,338
				2,295,096,708
		Wireless – 0.9%
	6,130,000	America Movil SAB de CV, 2.875%, 5/07/2030		5,327,423
	17,567,000	Bharti Airtel Ltd., 4.375%, 6/10/2025, 144A		17,077,961
	983,000	Crown Castle, Inc., 4.150%, 7/01/2050		779,814
	5,305,000	Empresa Nacional de Telecomunicaciones SA, 3.050%, 9/14/2032, 144A		4,201,560
	7,180,000	Kenbourne Invest SA, 4.700%, 1/22/2028, 144A		4,824,386
	5,452,000	Millicom International Cellular SA, 4.500%, 4/27/2031, 144A		4,190,407
	14,210,000	SBA Communications Corp., 3.125%, 2/01/2029		12,045,179
	16,530,000	Sitios Latinoamerica SAB de CV, 5.375%, 4/04/2032, 144A		14,947,418
				63,394,148
		Wirelines – 0.6%
	18,528,000	AT&T, Inc., 1.700%, 3/25/2026		16,888,119
	7,956,000	AT&T, Inc., 3.500%, 9/15/2053		5,632,177
	2,905,000	AT&T, Inc., 3.550%, 9/15/2055		2,033,691
	1,863,000	AT&T, Inc., 3.650%, 6/01/2051		1,367,665
	11,891,000	AT&T, Inc., 3.650%, 9/15/2059		8,278,741
	7,539,000	AT&T, Inc., 3.800%, 12/01/2057		5,458,217
				39,658,610
		Total Non-Convertible Bonds (Identified Cost $6,793,884,579)		6,225,293,849
	Municipals – 0.1%
		Virginia – 0.1%
	12,785,000	University of Virginia, Revenue Bonds, Series A, 3.227%, 9/01/2119		8,008,456
		Total Municipals (Identified Cost $12,785,000)		8,008,456
		Total Bonds and Notes (Identified Cost $6,806,669,579)		6,233,302,305

Principal Amount (‡)		Description	Value (†)
	Collateralized Loan Obligations – 2.9%
	$       2,390,000	37 Capital CLO 1 Ltd., Series 2021-1A, Class D, 3 mo. USD LIBOR + 3.520%, 8.780%, 10/15/2034, 144A(b)	$	2,156,968
	4,210,000	AIG CLO LLC, Series 2018-1A, Class A1R, 3 mo. USD LIBOR + 1.120%, 6.370%, 4/20/2032, 144A(b)		4,160,735
	725,000	AIG CLO Ltd., Series 2019-1A, Class BR, 3 mo. USD SOFR + 1.850%, 6.832%, 4/18/2035, 144A(b)		705,528
	1,000,000	Aimco CLO 14 Ltd., Series 2021-14A, Class B, 3 mo. USD LIBOR + 1.350%, 6.600%, 4/20/2034, 144A(b)		961,899
	2,000,000	AMMC CLO 16 Ltd., Series 2015-16A, Class BR2, 3 mo. USD LIBOR + 1.450%, 6.701%, 4/14/2029, 144A(b)		1,999,888
	1,585,000	AMMC CLO 22 Ltd., Series 2018-22A, Class D, 3 mo. USD LIBOR + 2.700%, 7.955%, 4/25/2031, 144A(b)		1,474,543
	4,275,000	AMMC CLO Ltd., Series 2023-26A, Class D, 3 mo. USD SOFR + 5.750%, 10.893%, 4/15/2036, 144A(b)		4,324,988
	400,000	ARES XXXVII CLO Ltd., Series 2015-4A, Class A3R, 3 mo. USD LIBOR + 1.500%, 6.760%, 10/15/2030, 144A(b)		390,255
	990,244	Atrium XIII, Series 13A, Class A1, 3 mo. USD LIBOR + 1.180%, 6.453%, 11/21/2030, 144A(b)		983,952
	3,000,000	Atrium XV, Series 15A, Class D, 3 mo. USD LIBOR + 3.000%, 8.273%, 1/23/2031, 144A(b)		2,895,774
	1,165,000	Bain Capital Credit CLO Ltd., Series 2019-1A, Class CR, 3 mo. USD LIBOR + 2.150%, 7.415%, 4/19/2034, 144A(b)		1,106,494
	420,000	Bain Capital Credit CLO Ltd., Series 2021-4A, Class D, 3 mo. USD LIBOR + 3.100%, 8.350%, 10/20/2034, 144A(b)		374,240
	1,750,000	Bain Capital Credit CLO Ltd., Series 2021-7A, Class D, 3 mo. USD LIBOR + 3.250%, 8.523%, 1/22/2035, 144A(b)		1,585,850
	2,250,000	Bain Capital Credit CLO Ltd., Series 2023-1A, Class D, 3 mo. USD SOFR + 4.900%, 9.643%, 4/16/2036, 144A(b)		2,235,179
	4,165,000	Balboa Bay Loan Funding Ltd., Series 2021-1A, Class A, 3 mo. USD LIBOR + 1.200%, 6.450%, 7/20/2034, 144A(b)		4,097,502
	3,420,000	Balboa Bay Loan Funding Ltd., Series 2023-1A, Class B, 3 mo. USD SOFR + 2.550%, 7.429%, 4/20/2035, 144A(b)		3,413,567
	1,400,000	Ballyrock CLO Ltd., Series 2019-1A, Class A2R, 3 mo. USD LIBOR + 1.550%, 6.810%, 7/15/2032, 144A(b)		1,365,932
	3,500,000	Barings CLO Ltd., Series 2021-1A, Class D, 3 mo. USD LIBOR + 2.900%, 8.155%, 4/25/2034, 144A(b)		3,212,286
	5,000,000	Battalion CLO X Ltd., Series 2016-10A, Class A1R2, 3 mo. USD LIBOR + 1.170%, 6.443%, 1/25/2035, 144A(b)		4,893,445
	400,000	Battalion CLO XIX Ltd., Series 2021-19A, Class D, 3 mo. USD LIBOR + 3.250%, 8.510%, 4/15/2034, 144A(b)		347,450
	1,675,000	Betony CLO 2 Ltd., Series 2018-1A, Class A2, 3 mo. USD LIBOR + 1.600%, 6.899%, 4/30/2031, 144A(b)		1,635,467
	1,865,000	BlueMountain CLO XXIX Ltd., Series 2020-29A, Class BR, 3 mo. USD LIBOR + 1.750%, 7.005%, 7/25/2034, 144A(b)		1,808,532
	2,400,000	Buttermilk Park CLO Ltd., Series 2018-1A, Class C, 3 mo. USD LIBOR + 2.100%, 7.360%, 10/15/2031, 144A(b)		2,307,754
	1,981,249	Carbone CLO Ltd., Series 2017-1A, Class A1, 3 mo. USD LIBOR + 1.140%, 6.390%, 1/20/2031, 144A(b)		1,963,859
	3,570,000	Carlyle U.S. CLO Ltd., Series 2021-1A, Class C, 3 mo. USD LIBOR + 2.800%, 8.060%, 4/15/2034, 144A(b)		3,283,004
	2,020,000	CarVal CLO II Ltd., Series 2019-1A, Class DR, 3 mo. USD LIBOR + 3.200%, 8.450%, 4/20/2032, 144A(b)		1,923,155
	3,515,000	CarVal CLO III Ltd., Series 2019-2A, Class DR, 3 mo. USD LIBOR + 2.950%, 8.200%, 7/20/2032, 144A(b)		3,371,668
	525,000	Cayuga Park CLO Ltd., Series 2020-1A, Class B1R, 3 mo. USD LIBOR + 1.650%, 6.910%, 7/17/2034, 144A(b)		509,305

Principal Amount (‡)		Description	Value (†)
	Collateralized Loan Obligations – continued
	$       2,165,000	CIFC Funding Ltd., Series 2012-2RA, Class A2, 3 mo. USD SOFR + 1.512%, 6.500%, 1/20/2028, 144A(b)	$	2,147,598
	540,000	CIFC Funding Ltd., Series 2019-3A, Class CR, 3 mo. USD LIBOR + 3.050%, 8.310%, 10/16/2034, 144A(b)		507,112
	2,500,000	CIFC Funding Ltd., Series 2019-5A, Class CR, 3 mo. USD LIBOR + 3.150%, 8.410%, 1/15/2035, 144A(b)		2,346,752
	2,935,000	CIFC Funding Ltd., Series 2020-1A, Class BR, 3 mo. USD LIBOR + 1.650%, 6.910%, 7/15/2036, 144A(b)		2,853,469
	4,500,000	CIFC Funding Ltd., Series 2020-3A, Class DR, 3 mo. USD LIBOR + 3.100%, 8.350%, 10/20/2034, 144A(b)		4,211,959
	7,190,000	CIFC Funding Ltd., Series 2021-7A, Class D, 3 mo. USD LIBOR + 3.000%, 8.273%, 1/23/2035, 144A(b)		6,632,703
	1,000,000	CIFC Funding Ltd., Series 2015-4A, Class CR2, 3 mo. USD LIBOR + 3.000%, 8.250%, 4/20/2034, 144A(b)		923,847
	7,655,000	Crown City CLO III, Series 2021-1A, Class A1A, 3 mo. USD LIBOR + 1.170%, 6.420%, 7/20/2034, 144A(b)		7,465,225
	710,064	Dryden 30 Senior Loan Fund, Series 2013-30A, Class AR, 3 mo. USD LIBOR + 0.820%, 6.141%, 11/15/2028, 144A(b)		705,696
	5,450,000	Dryden 78 CLO Ltd., Series 2020-78A, Class A, 3 mo. USD LIBOR + 1.180%, 6.440%, 4/17/2033, 144A(b)		5,381,717
	4,520,000	Elmwood CLO III Ltd., Series 2019-3A, Class AR, 3 mo. USD LIBOR + 1.160%, 6.410%, 10/20/2034, 144A(b)		4,447,486
	2,700,000	Elmwood CLO IV Ltd., Series 2020-1A, Class A, 3 mo. USD LIBOR + 1.240%, 6.500%, 4/15/2033, 144A(b)		2,682,747
	1,750,000	Fortress Credit BSL XII Ltd., Series 2021-4A, Class D, 3 mo. USD LIBOR + 3.650%, 8.910%, 10/15/2034, 144A(b)		1,626,936
	500,000	Generate CLO 9 Ltd., Series 9A,Class A, 3 mo. USD LIBOR + 1.200%, 6.450%, 10/20/2034, 144A(b)		488,372
	1,650,000	Gilbert Park CLO Ltd., Series 2017-1A, Class D, 3 mo. USD LIBOR + 2.950%, 8.210%, 10/15/2030, 144A(b)		1,527,641
	1,875,000	Goldentree Loan Management U.S. CLO 2 Ltd., Series 2017-2A, Class BR, 3 mo. USD LIBOR + 1.400%, 6.650%, 11/20/2030, 144A(b)		1,848,523
	1,518,000	Greywolf CLO VI Ltd., Series 2018-1A, Class A2, 3 mo. USD SOFR + 1.890%, 6.958%, 4/26/2031, 144A(b)		1,485,343
	2,575,000	Hayfin U.S. XII Ltd., Series 2018-9A, Class BR, 3 mo. USD LIBOR + 1.800%, 7.073%, 4/28/2031, 144A(b)		2,544,583
	5,000,000	Invesco U.S. CLO Ltd., Series 2023-2A, Class D, 3 mo. USD SOFR + 4.950% 9.806%, 4/21/2036, 144A(b)		5,010,150
	2,000,000	LCM XX LP, Series 20A, Class BR, 3 mo. USD LIBOR + 1.550%, 6.800%, 10/20/2027, 144A(b)		1,990,040
	1,190,000	Long Point Park CLO Ltd., Series 2017-1A, Class A2, 3 mo. USD LIBOR + 1.375%, 6.635%, 1/17/2030, 144A(b)		1,157,687
	3,155,000	Madison Park Funding LIX Ltd., Series 2021-59A, Class A, 3 mo. USD LIBOR + 1.140%, 6.402%, 1/18/2034, 144A(b)		3,117,522
	1,650,000	Madison Park Funding XLVI Ltd., Series 2020-46A, Class DR, 3 mo. USD LIBOR + 3.150%, 8.410%, 10/15/2034, 144A(b)		1,534,581
	475,000	Madison Park Funding XXXV Ltd., Series 2019-35A, Class CR, 3 mo. USD LIBOR + 1.900%, 7.150%, 4/20/2032, 144A(b)		468,265
	1,694,147	Magnetite XVIII Ltd., Series 2016-18A, Class AR2, 3 mo. USD LIBOR + 0.880%, 6.201%, 11/15/2028, 144A(b)		1,682,115
	1,250,000	Magnetite XXI Ltd., Series 2019-21A, Class BR, 3 mo. USD LIBOR + 1.350%, 6.600%, 4/20/2034, 144A(b)		1,213,835
	850,000	Magnetite XXIV Ltd., Series 2019-24A, Class DR, 3 mo. USD SOFR + 3.050%, 8.036%, 4/15/2035, 144A(b)		793,742
	1,900,000	Magnetite XXX Ltd., Series 2021-30A, Class D, 3 mo. USD LIBOR + 2.950%, 8.205%, 10/25/2034, 144A(b)		1,764,908

Principal Amount (‡)		Description	Value (†)
	Collateralized Loan Obligations – continued
	$       1,225,000	Magnetite XXXI Ltd., Series 2021-31A, Class A1, 3 mo. USD LIBOR + 1.100%, 6.360%, 7/15/2034, 144A(b)	$	1,202,743
	782,912	Mountain View CLO X Ltd., Series 2015-10A, Class BR, 3 mo. USD LIBOR + 1.350%, 6.592%, 10/13/2027, 144A(b)		782,789
	465,000	MP CLO VIII Ltd., Series 2015-2A, Class ARR, 3 mo. USD LIBOR + 1.200%, 6.473%, 4/28/2034, 144A(b)		452,220
	650,000	Neuberger Berman CLO XIV Ltd., Series 2013-14A, Class CR2, 3 mo. USD LIBOR + 1.900%, 7.173%, 1/28/2030, 144A(b)		620,660
	3,410,000	Neuberger Berman Loan Advisers CLO 40 Ltd., Series 2021-40A, Class B, 3 mo. USD LIBOR + 1.400%, 6.660%, 4/16/2033, 144A(b)		3,315,928
	2,745,000	NYACK Park CLO Ltd., Series 2021-1A, Class D, 3 mo. USD LIBOR + 2.800%, 8.050%, 10/20/2034, 144A(b)		2,488,447
	1,150,000	OCP CLO Ltd., Series 2021-21A, Class D, 3 mo. USD LIBOR + 2.950%, 8.200%, 7/20/2034, 144A(b)		1,056,667
	4,385,000	Octagon Investment Partners 32 Ltd., Series 2017-1A, Class CR, 3 mo. USD LIBOR + 2.050%, 7.310%, 7/15/2029, 144A(b)		4,232,060
	4,000,000	OHA Credit Funding 10 Ltd., Series 2021-10A, Class A, 3 mo. USD LIBOR + 1.130%, 6.392%, 1/18/2036, 144A(b)		3,927,036
	8,880,000	OHA Credit Funding 8 Ltd., Series 2021-8A, Class B1, 3 mo. USD LIBOR + 1.500%, 6.762%, 1/18/2034, 144A(b)		8,688,512
	720,000	OHA Credit Partners VII Ltd., Series 2012-7A, Class D1R3, 3 mo. USD LIBOR + 2.900%, 8.279%, 2/20/2034, 144A(b)		695,226
	470,000	OZLM Funding IV Ltd., Series 2013-4A, Class A2R, 3 mo. USD LIBOR + 1.700%, 6.973%, 10/22/2030, 144A(b)		463,733
	260,000	Palmer Square CLO Ltd., Series 2015-2A, Class BR2, 3 mo. USD LIBOR + 1.950%, 7.200%, 7/20/2030, 144A(b)		249,570
	2,120,000	Palmer Square Loan Funding Ltd., Series 2020-4A, Class C, 3 mo. USD LIBOR + 3.600%, 8.996%, 11/25/2028, 144A(b)		2,124,046
	415,000	Palmer Square Loan Funding Ltd., Series 2020-1A, Class A2, 3 mo. USD LIBOR + 1.350%, 6.729%, 2/20/2028, 144A(b)		413,744
	1,250,000	Palmer Square Loan Funding Ltd., Series 2021-1A, Class B, 3 mo. USD LIBOR + 1.800%, 7.050%, 4/20/2029, 144A(b)		1,236,201
	750,000	Palmer Square Loan Funding Ltd., Series 2021-3A, Class A2, 3 mo. USD LIBOR + 1.400%, 6.650%, 7/20/2029, 144A(b)		738,407
	1,500,000	Palmer Square Loan Funding Ltd., Series 2021-4A, Class A2, 3 mo. USD LIBOR + 1.400%, 6.660%, 10/15/2029, 144A(b)		1,466,020
	1,000,000	Palmer Square Loan Funding Ltd., Series 2022-2A, Class A2, 3 mo. USD SOFR + 1.900%, 6.886%, 10/15/2030, 144A(b)		979,513
	5,670,000	Post CLO Ltd., Series 2021-1A, Class B, 3 mo. USD LIBOR + 1.750%, 7.010%, 10/15/2034, 144A(b)		5,500,257
	1,245,000	Post CLO Ltd., Series 2022-1A, Class B, 3 mo. USD SOFR + 1.900%, 6.949%, 4/20/2035, 144A(b)		1,203,434
	1,450,000	Post CLO Ltd., Series 2021-1A, Class A, 3 mo. USD LIBOR + 1.200%, 6.460%, 10/15/2034, 144A(b)		1,420,521
	3,730,000	PPM CLO 5 Ltd., Series 2021-5A, Class B, 3 mo. USD LIBOR + 1.700%, 6.962%, 10/18/2034, 144A(b)		3,671,875
	750,000	Regatta IX Funding Ltd., Series 2017-1A, Class B, 3 mo. USD LIBOR + 1.800%, 7.060%, 4/17/2030, 144A(b)		739,685
	3,250,000	Riserva CLO Ltd., Series 2016-3A, Class DRR, 3 mo. USD LIBOR + 3.250%, 8.512%, 1/18/2034, 144A(b)		2,933,206
	1,495,000	Rockford Tower CLO Ltd., Series 2017-1A, Class BR2A, 3 mo. USD LIBOR + 1.650%, 6.900%, 4/20/2034, 144A(b)		1,441,808
	2,750,000	RR 26 Ltd., Series 2023-26A, Class A1, 3 mo. USD SOFR + 1.780%, 6.512%, 4/15/2038, 144A(b)		2,748,966
	3,000,000	Signal Peak CLO 1 Ltd., Series 2014-1A, Class AR3, 3 mo. USD LIBOR + 1.160%, 6.420%, 4/17/2034, 144A(b)		2,943,465

Principal Amount (‡)		Description	Value (†)
	Collateralized Loan Obligations – continued
	$       1,000,000	Signal Peak CLO Ltd., Series 2022-12A, Class B1, 3 mo. USD SOFR + 2.600%, 7.582%, 7/18/2034, 144A(b)	$	987,812
	1,000,000	Silver Creek CLO Ltd., Series 2014-1A, Class DR, 3 mo. USD LIBOR + 3.350%, 8.600%, 7/20/2030, 144A(b)		979,314
	2,085,000	THL Credit Wind River CLO Ltd., Series 2017-4A, Class B, 3 mo. USD LIBOR + 1.450%, 6.829%, 11/20/2030, 144A(b)		2,048,555
	3,500,000	TICP CLO V Ltd., Series 2016-5A, Class CR, 3 mo. USD LIBOR + 2.200%, 7.460%, 7/17/2031, 144A(b)		3,418,726
	5,000,000	Trestles CLO IV Ltd., Series 2021-4A, Class A, 3 mo. USD LIBOR + 1.170%, 6.431%, 7/21/2034, 144A(b)		4,930,605
	1,000,000	Trinitas CLO XVI Ltd., Series 2021-16A, Class A1, 3 mo. USD LIBOR + 1.180%, 6.430%, 7/20/2034, 144A(b)		981,277
	500,000	Trinitas CLO XVIII Ltd., Series 2021-18A, Class A1, 3 mo. USD LIBOR + 1.170%, 6.420%, 1/20/2035, 144A(b)		489,209
	250,000	Wind River CLO Ltd., Series 2021-3A, Class A, 3 mo. USD LIBOR + 1.150%, 6.400%, 7/20/2033, 144A(b)		244,046
		Total Collateralized Loan Obligations (Identified Cost $202,336,535)		199,866,056
	Short-Term Investments – 4.7%
	10,150,000	Federal Home Loan Bank Discount Notes, 4.800%-4.900%, 7/06/2023(e)(f)		10,145,914
	58,520,000	Federal Home Loan Bank Discount Notes, 4.850%, 7/12/2023(f)		58,449,360
	58,005,000	Federal Home Loan Bank Discount Notes, 4.850%, 7/17/2023(f)		57,896,118
	73,010,000	Federal Home Loan Bank Discount Notes, 4.900%, 7/10/2023(f)		72,941,444
	62,766,706	Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 6/30/2023 at 2.300% to be repurchased at $62,778,736 on 7/03/2023 collateralized by $67,989,700 U.S. Treasury Note, 2.625% due 5/31/2027 valued at $64,022,082 including accrued interest(g)		62,766,706
	59,340,000	U.S. Treasury Bills, 4.990%, 8/10/2023(f)(h)		59,018,517
		Total Short-Term Investments (Identified Cost $321,208,193)		321,218,059
		Total Investments – 99.1% (Identified Cost $7,330,214,307)		6,754,386,420
		Other assets less liabilities – 0.9%		58,960,858
		Net Assets – 100.0%	$	6,813,347,278

(†) Registered investment companies are required to value portfolio investments using an unadjusted, readily available market quotation. The Fund obtains readily available market quotations from independent pricing services. Fund investments for which readily available market quotations are not available are priced at fair value pursuant to the Fund’s Valuation Procedures. The Board of Trustees has approved a valuation designee who is subject to the Board’s oversight.

Unadjusted readily available market quotations that are utilized for exchange traded equity securities (including shares of closed-end investment companies and exchange-traded funds) include the last sale price quoted on the exchange where the security is traded most extensively. Futures contracts are valued at the closing settlement price on the exchange on which the valuation designee believes that, over time, they are traded most extensively. Shares of open-end investment companies are valued at net asset value per share.

Exchange traded equity securities for which there is no reported sale during the day are fair valued at the closing bid quotation as reported by an independent pricing service. Unlisted equity securities (except unlisted preferred equity securities) are fair 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 fair valued using evaluated bids furnished by an independent pricing service, if available.

Debt securities and unlisted preferred equity securities are fair 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 fair valued at bid prices supplied by an independent pricing service, if available. Broker-dealer bid prices may be used to fair value debt, unlisted equities, senior loans and collateralized loan obligations where an independent pricing service is unable to price an investment or where an independent pricing service does not provide a reliable price for the investment.

The Fund may also fair value investments 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 a Fund’s investments, the valuation designee may, among other things, use modeling tools or other processes that may take into account factors such as issuer specific information, or other related market activity and/or information that occurred after the close of the foreign market but before the time the Fund’s net asset value (“NAV”) is calculated. Fair valuation by the Fund’s valuation designee may require subjective determinations about the value of the investment, and fair values used to determine a Fund’s NAV may differ from quoted or published prices, or from prices that are used by others, for the same investments. In addition, the use of fair value pricing may not always result in adjustments to the prices of investments held by a Fund.

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, if any, are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period.

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

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

(a) 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 June 30, 2023 is disclosed.

(b) Variable rate security. Rate as of June 30, 2023 is disclosed.

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

(d) The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation, Federal National Mortgage Association and Government National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments.

(e) The Fund’s investment in U.S. Government/Agency securities is comprised of various lots with differing discount rates. These separate investments, which have the same maturity date, have been aggregated for the purpose of presentation in the Portfolio of Investments.

(f) Interest rate represents discount rate at time of purchase; not a coupon rate.

(g) 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 June 30, 2023, the Fund had an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the repurchase agreement.

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

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 June 30, 2023, the value of Rule 144A holdings amounted to $1,455,444,726 or 21.4% of net assets.
ABS	Asset-Backed Securities
EMTN	Euro Medium Term Note
GMTN	Global Medium Term Note
LIBOR	London Interbank Offered Rate
MTN	Medium Term Note
REITs	Real Estate Investment Trusts
SOFR	Secured Overnight Financing Rate
MXN	Mexican Peso
UYU	Uruguayan Peso

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 June 30, 2023, open long futures contracts were as follows:

Financial Futures	Expiration Date		Contracts		Notional Amount		Value		Unrealized Appreciation (Depreciation)
CBOT 2 Year U.S. Treasury Notes Futures		9/29/2023		735	$	151,178,725	$	149,457,656	$	(1,721,069	)
Ultra 10 Year U.S. Treasury Notes Futures		9/20/2023		2,038		242,701,197		241,375,625		(1,325,572	)
CBOT 10 Year U.S. Treasury Notes Futures		9/20/2023		2,703		307,007,194		303,453,984		(3,553,210	)
CBOT 5 Year U.S. Treasury Notes Futures		9/29/2023		4,886		530,053,517		523,260,063		(6,793,454	)
CME Ultra Long Term U.S. Treasury Bond Futures		9/20/2023		455		60,950,234		61,979,531		1,029,297
Total									$	(12,364,008	)

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 Fund’s pricing policies have been approved by the Board of Trustees. Investments for which market quotations are readily available are categorized in Level 1. Other investments for which an independent pricing service is utilized are categorized in Level 2. Broker-dealer bid prices for which the Fund has knowledge of the inputs used by the broker-dealer are categorized in Level 2. All other investments, including broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer, as well as investments fair valued by the valuation designee, are categorized in Level 3. All Level 2 and 3 securities are defined as being fair valued.

Under certain conditions and based upon specific facts and circumstances, the Fund’s valuation designee may determine that a fair valuation should be made for portfolio investment(s). These valuation designee fair valuations will be based upon a significant amount of Level 3 inputs.

The following is a summary of the inputs used to value the Fund’s investments as of June 30, 2023, at value:

Asset Valuation Inputs

Description	Level 1			Level 2		Level 3		Total
Bonds and Notes
Non-Convertible Bonds
Collateralized Mortgage Obligations	$	—		$	5,700,158	$	99,765	$	5,799,923
All Other Non-Convertible Bonds*		—			6,219,493,926		—		6,219,493,926
Total Non-Convertible Bonds		—			6,225,194,084		99,765		6,225,293,849
Municipals*		—			8,008,456		—		8,008,456
Total Bonds and Notes		—			6,233,202,540		99,765	$	6,233,302,305
Collateralized Loan Obligations					199,866,056				199,866,056
Short-Term Investments		—			321,218,059		—		321,218,059
Total Investments		—			6,754,286,655		99,765		6,754,386,420
Futures Contracts (unrealized appreciation)		1,029,297			—		—		1,029,297
Total	$	1,029,297		$	6,754,286,655	$	99,765	$	6,755,415,717
Liability Valuation Inputs
Description	Level 1			Level 2		Level 3		Total
Futures Contracts (unrealized depreciation)	$	(13,393,305	)	$	—	$	—	$	(13,393,305	)

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

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 September 30, 2022 and/or June 30, 2023:

Asset Valuation Inputs

Investments in Securities	Balance as of September 30, 2022		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 June 30, 2023		Change in Unrealized Appreciation (Depreciation) from Investments Still Held at June 30, 2023
Bonds and Notes
Non-Convertible Bonds
Collateralized Mortgage Obligations	$	122,859	$	—	$	76	$	302	$	1,776	$	(25,248	)	$	—	$	—	$	99,765	$	(1,227	)

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 futures contracts.

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 to hedge against changes in interest rates and to manage duration without having to buy or sell portfolio securities. As of June 30, 2023, the Fund used futures contracts to manage duration.

The following is a summary of derivative instruments for the Fund, as of June 30, 2023:

Assets	Unrealized appreciation on futures contracts
Exchange-traded asset derivatives
Interest rate contracts	$	1,029,297

Liabilities	Unrealized depreciation on futures contracts
Exchange-traded liability derivatives
Interest rate contracts	$	(13,393,305	)

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.

Counterparty risk is managed based on policies and procedures established by each 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. A 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. 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.

Industry Summary at June 30, 2023 (Unaudited)

Treasuries	33.7	%
Mortgage Related	22.3
Banking	6.8
ABS Car Loan	2.5
Finance Companies	2.1
Other Investments, less than 2% each	24.1
Short-Term Investments	4.7
Collateralized Loan Obligations	2.9
Total Investments	99.1
Other assets less liabilities (including futures contracts)	0.9
Net Assets	100.0	%