FOR VALIDATION PURPOSES ONLY


	Principal		Value
ASSET-BACKED SECURITIES - 12.4%
American Express Credit Account Master Trust
Class A, Series 2022-3,
3.75%, 08/15/2027		$ 3,200,000		$ 3,148,254
Apidos CLO XLI Ltd.
Class B1, Series 2022-41A,
3-Month Term SOFR + 3.00%, 6.62%^(A), 10/20/2034 ^(B)		1,000,000		999,412
Apidos CLO XVIII
Series 2018-18A, Class A2,
3-Month LIBOR + 1.40%, 6.22%^(A), 10/22/2030 ^(B)		3,000,000		2,945,010
Atrium XIII
Series 13A, Class A1,
3-Month LIBOR + 1.18%, 6.00%^(A), 11/21/2030 ^(B)		3,000,000		2,984,277
Bain Capital Credit CLO Ltd.
Series 2017-1A, Class A1R,
3-Month LIBOR + 0.97%, 5.78%^(A), 07/20/2030 ^(B)		2,722,883		2,702,456
Barings CLO Ltd.
Class A, Series 2022-2A,
3-Month Term SOFR + 1.80%, 6.46%^(A), 07/15/2035 ^(B)		5,050,000		4,982,386
Benefit Street Partners CLO IV Ltd.
Series 2014-IVA, Class ARRR,
3-Month LIBOR + 1.18%, 5.99%^(A), 01/20/2032 ^(B)		4,250,000		4,212,098
Benefit Street Partners CLO XX Ltd.
Series 2020-20A, Class BR,
3-Month LIBOR + 1.70%, 6.49%^(A), 07/15/2034 ^(B)		3,950,000		3,826,495
Capital Four US CLO II Ltd.
Class B, Series 2022-1A,
3-Month Term SOFR + 3.10%, 6.77%^(A), 10/20/2030 ^(B)		1,500,000		1,476,023
Capital One Multi-Asset Execution Trust
Series 2021-A2, Class A2,
1.39%, 07/15/2030		3,000,000		2,592,799
Capital One Prime Auto Receivables Trust
Series 2019-2, Class A4,
1.96%, 02/18/2025		1,000,000		992,403
CarMax Auto Owner Trust
Series 2023-1, ClassA3,
4.75%, 10/15/2027		200,000		199,940
Chase Issuance Trust
Series 2022-A1, Class A,
3.97%, 09/15/2027		3,000,000		2,966,823
Citibank Credit Card Issuance Trust
Series 2018-A7, Class A7,
3.96%, 10/13/2030		1,000,000		986,305


	Principal		Value
ASSET-BACKED SECURITIES (continued)
Columbia Cent CLO 31 Ltd.
Series 2021-31A, Class B,
3-Month LIBOR + 1.55%, 6.36%^(A), 04/20/2034 ^(B)		$ 10,000,000		$ 9,539,280
GM Financial Consumer Automobile Receivables Trust
Series 2019-4, Class A4,
1.76%, 01/16/2025		5,000,000		4,946,539
Series 2023-1, Class A2A,
5.19%, 03/16/2026		250,000		250,319
Honda Auto Receivables Owner Trust
Class A4, Series 2022-2,
3.76%, 12/18/2028		400,000		393,504
Invesco CLO Ltd.
Series 2022-3A, Class B,
3-Month Term SOFR + 2.75%, 6.61%^(A), 10/22/2035 ^(B)		1,000,000		996,481
LCM XXIV Ltd.
Series 24A, Class AR,
3-Month LIBOR + 0.98%, 5.79%^(A), 03/20/2030 ^(B)		949,412		940,100
Logan CLO II Ltd.
Series 2021-2A, Class B,
3-Month LIBOR + 1.70%, 6.51%^(A), 01/20/2035 ^(B)		2,500,000		2,438,692
Mercedes-Benz Auto Receivables Trust
Series 2019-1, Class A4,
2.04%, 01/15/2026		2,333,874		2,311,153
Series 2023-1, ClassA3,
4.51%, 11/15/2027		500,000		499,124
Octagon Investment Partners 44 Ltd.
Series 2019-1A, Class BR,
3-Month LIBOR + 1.70%, 6.49%^(A), 10/15/2034 ^(B)		3,000,000		2,913,099
Silver Rock CLO II Ltd.
Series 2021-2A, Class B1,
3-Month LIBOR + 1.90%, 6.71%^(A), 01/20/2035 ^(B)		2,298,000		2,201,994
Sixth Street CLO XX Ltd.
Series 2021-20A, Class B,
3-Month LIBOR + 1.65%, 6.46%^(A), 10/20/2034 ^(B)		1,000,000		978,280
Symphony CLO 36 Ltd.
Class A1, series 2022-36A,
3-Month Term SOFR + 2.05%, 6.71%^(A), 10/24/2035 ^(B)		4,700,000		4,686,229
TCW CLO AMR Ltd.
Series 2019-1A, Class BR,
3-Month LIBOR + 1.75%, 6.39%^(A), 08/16/2034 ^(B)		7,900,000		7,559,447
TICP CLO XII Ltd.
Series 2018-12A, Class BR,
3-Month LIBOR + 1.65%, 6.44%^(A), 07/15/2034 ^(B)		6,650,000		6,473,230


	Principal		Value
ASSET-BACKED SECURITIES (continued)
Toyota Lease Owner Trust
Series 2022-A, Class A3,
1.96%, 02/20/2025^(B)		$ 3,500,000		$ 3,387,728
Voya CLO Ltd.
Series 2018-3A, Class A2,
3-Month LIBOR + 1.40%, 6.19%^(A), 10/15/2031 ^(B)		5,200,000		5,083,203

Total Asset-Backed Securities (Cost $91,939,193)				90,613,083


CORPORATE DEBT SECURITIES - 20.1%
Aerospace & Defense - 0.1%
Boeing Co.
5.15%, 05/01/2030		375,000		377,136
Moog, Inc.
4.25%, 12/15/2027^(B)		172,000		159,871
Rolls-Royce PLC
5.75%, 10/15/2027^(B)		213,000		207,021
Spirit AeroSystems, Inc.
7.50%, 04/15/2025^(B)		227,000		227,781

				971,809

Air Freight & Logistics - 0.1%
Cargo Aircraft Management, Inc.
4.75%, 02/01/2028^(B)		244,000		220,778
United Parcel Service, Inc.
3.90%, 04/01/2025		168,000		166,308

				387,086

Airlines - 0.2%
Air Canada
3.88%, 08/15/2026^(B)		185,000		171,113
American Airlines, Inc.
11.75%, 07/15/2025^(B)		460,000		512,163
British Airways Pass-Through Trust
2.90%, 09/15/2036^(B)		107,258		88,059
United Airlines, Inc.
4.63%, 04/15/2029^(B)		370,000		337,688

				1,109,023

Automobiles - 0.1%
Ford Motor Co.
4.75%, 01/15/2043		272,000		212,400
Toyota Motor Credit Corp.
5.45%, 11/10/2027		275,000		286,423

				498,823

Banks - 4.7%
Australia & New Zealand Banking Group Ltd.
Fixed until 06/15/2026^(C), 6.75%^(A) ^(B)		563,000		567,786
Banco Santander SA
2.71%, 06/27/2024		400,000		387,460
Bank Hapoalim BM
Fixed until 10/21/2026, 3.26%^(A), 01/21/2032 ^(D)		220,000		193,727
Bank of America Corp.
Fixed until 10/22/2024, 2.46%^(A), 10/22/2025		652,000		623,080
Fixed until 04/02/2025, 3.38%^(A), 04/02/2026		71,000		68,647
Fixed until 03/08/2032, 3.85%^(A), 03/08/2037		44,000		38,244
Fixed until 04/27/2032, 4.57%^(A), 04/27/2033		635,000		611,987
Bank of Montreal
1.50%, 01/10/2025		415,000		389,665


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks (continued)
Bank of Nova Scotia
Fixed until 02/04/2032, 4.59%^(A), 05/04/2037		$ 149,000		$ 134,083
Fixed until 06/04/2025^(C), 4.90%^(A)		2,187,000		2,123,927
BankUnited, Inc.
4.88%, 11/17/2025		223,000		220,993
5.13%, 06/11/2030		2,011,000		1,947,214
Barclays PLC
Fixed until 12/15/2025^(C), 6.13%^(A)		2,500,000		2,387,475
BNP Paribas SA
Fixed until 04/19/2031, 2.87%^(A), 04/19/2032^(B)		200,000		167,060
Fixed until 08/16/2029^(C), 7.75%^{(A) (B)}		3,125,000		3,234,375
Citigroup, Inc.
4.45%, 09/29/2027		275,000		269,366
Fixed until 05/24/2032, 4.91%^(A), 05/24/2033		800,000		787,925
Credit Agricole SA
Fixed until 01/26/2026, 1.25%^(A), 01/26/2027 ^(B)		250,000		223,280
Danske Bank AS
Fixed until 09/10/2024, 0.98%^(A), 09/10/2025^(B)		565,000		520,230
Fixed until 12/20/2024, 3.24%^(A), 12/20/2025^(B)		593,000		563,666
Fixed until 06/26/2025^(C), 7.00%^{(A) (D)}		500,000		485,030
First Horizon Bank
5.75%, 05/01/2030		250,000		252,618
HSBC Holdings PLC
Fixed until 11/22/2026, 2.25%^(A), 11/22/2027		450,000		403,346
ING Groep NV
Fixed until 07/01/2025, 1.40%^(A), 07/01/2026^(B)		200,000		182,091
Fixed until 11/16/2026^(C), 5.75%^(A)		2,050,000		1,939,772
JPMorgan Chase & Co.
Fixed until 11/08/2031, 2.55%^(A), 11/08/2032		693,000		573,423
Fixed until 04/26/2025, 4.08%^(A), 04/26/2026		215,000		211,090
Fixed until 09/14/2032, 5.72%^(A), 09/14/2033		250,000		257,204
Mitsubishi UFJ Financial Group, Inc.
2.19%, 02/25/2025		467,000		441,525
Mizuho Financial Group, Inc.
Fixed until 09/13/2024, 2.56%^(A), 09/13/2025		655,000		623,966
National Australia Bank Ltd.
6.43%, 01/12/2033^(B)		329,000		341,126
National Bank of Canada
Fixed until 11/15/2023, 0.55%^(A), 11/15/2024		392,000		377,738
NatWest Group PLC
Fixed until 03/22/2024, 4.27%^(A), 03/22/2025		450,000		444,084
Fixed until 06/28/2031^(C), 4.60%^(A)		562,000		430,633
Fixed until 12/29/2025^(C), 6.00%^(A)		1,875,000		1,790,625
NatWest Markets PLC
3.48%, 03/22/2025^(B)		333,000		321,319


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Banks (continued)
Signature Bank
Fixed until 10/15/2025, 4.00%^(A), 10/15/2030		$ 929,000		$ 844,879
Societe Generale SA
Fixed until 11/18/2030^(C), 5.38%^{(A) (B) (E)}		1,765,000		1,517,766
Fixed until 11/22/2027^(C), 9.38%^{(A) (B)}		290,000		311,388
Standard Chartered PLC
Fixed until 08/15/2027^(C), 7.75%^(A) ^(B)		2,000,000		2,050,000
Sumitomo Mitsui Trust Bank Ltd.
0.85%, 03/25/2024^(B)		399,000		379,894
SVB Financial Group
Fixed until 02/15/2031^(C), 4.10%^(A)		1,378,000		1,019,582
Fixed until 04/29/2027, 4.35%^(A), 04/29/2028		340,000		326,585
Texas Capital Bancshares, Inc.
Fixed until 05/06/2026, 4.00%^(A), 05/06/2031		500,000		454,673
Toronto-Dominion Bank
5.16%, 01/10/2028		479,000		488,076
UniCredit SpA
Fixed until 06/03/2024^(C), 8.00%^(A) ^(D)		2,000,000		1,972,500
Wells Fargo & Co.
4.30%, 07/22/2027		400,000		394,438

				34,295,561

Beverages - 0.1%
Constellation Brands, Inc.
4.35%, 05/09/2027		43,000		42,440
5.00%, 02/02/2026		31,000		31,019
PepsiCo, Inc.
2.25%, 03/19/2025		257,000		246,150

				319,609

Biotechnology - 0.1%
AbbVie, Inc.
3.20%, 11/21/2029		500,000		463,319
Grifols Escrow Issuer SA
4.75%, 10/15/2028^(B)		351,000		305,237

				768,556

Building Products - 0.1%
LBM Acquisition LLC
6.25%, 01/15/2029^(B)		325,000		244,420
Park River Holdings, Inc.
6.75%, 08/01/2029^(B)		247,000		175,370
Standard Industries, Inc.
3.38%, 01/15/2031^(B)		295,000		234,324

				654,114

Capital Markets - 0.7%
Aretec Escrow Issuer, Inc.
7.50%, 04/01/2029^(B)		265,000		232,758
Charles Schwab Corp.
2.45%, 03/03/2027		58,000		53,884
3.85%, 05/21/2025		658,000		646,829
Credit Suisse Group AG
Fixed until 02/11/2027^(C), 5.25%^(A) ^(B)		1,667,000		1,250,250
Deutsche Bank AG
Fixed until 01/18/2028, 6.72%^(A), 01/18/2029		435,000		457,026
Goldman Sachs Group, Inc.
Fixed until 09/10/2026, 1.54%^(A), 09/10/2027		450,000		397,038


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Capital Markets (continued)
Goldman Sachs Group, Inc. (continued)
Fixed until 07/21/2031, 2.38%^(A), 07/21/2032		$ 475,000		$ 386,678
ION Trading Technologies SARL
5.75%, 05/15/2028^(B)		450,000		385,313
LPL Holdings, Inc.
4.00%, 03/15/2029^(B)		209,000		186,470
Morgan Stanley
Fixed until 10/21/2024, 1.16%^(A), 10/21/2025		125,000		116,441
Fixed until 07/20/2026, 1.51%^(A), 07/20/2027		60,000		53,464
Fixed until 04/01/2030, 3.62%^(A), 04/01/2031		425,000		390,077
Fixed until 04/20/2032, 5.30%^(A), 04/20/2037		49,000		47,402
NFP Corp.
4.88%, 08/15/2028^(B)		69,000		60,218
UBS Group AG
Fixed until 05/12/2027, 4.75%^(A), 05/12/2028 ^(B)		275,000		269,927

				4,933,775

Chemicals - 0.2%
Albemarle Corp.
4.65%, 06/01/2027		150,000		148,679
Consolidated Energy Finance SA
5.63%, 10/15/2028^(B)		362,000		314,940
Ecolab, Inc.
5.25%, 01/15/2028		250,000		259,299
Minerals Technologies, Inc.
5.00%, 07/01/2028^(B)		188,000		171,926
RPM International, Inc.
4.55%, 03/01/2029		525,000		498,937
Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.
5.13%, 04/01/2029^(B)		264,000		190,187
Yara International ASA
7.38%, 11/14/2032^(B)		150,000		164,741

				1,748,709

Commercial Services & Supplies - 0.3%
Allied Universal Holdco LLC / Allied Universal Finance Corp. / Atlas Luxco 4 SARL
4.63%, 06/01/2028^(B)		200,000		172,508
Brink’s Co.
4.63%, 10/15/2027^(B)		255,000		237,912
Covanta Holding Corp.
5.00%, 09/01/2030		210,000		178,790
Deluxe Corp.
8.00%, 06/01/2029^(B)		323,000		276,641
Garda World Security Corp.
6.00%, 06/01/2029^(B)		300,000		250,410
9.50%, 11/01/2027^(B)		24,000		23,729
Harsco Corp.
5.75%, 07/31/2027^(B)		261,000		220,806
Prime Security Services Borrower LLC / Prime Finance, Inc.
5.75%, 04/15/2026^(B)		245,000		240,953
Sotheby’s / Bidfair Holdings, Inc.
5.88%, 06/01/2029^(B)		300,000		256,569


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Commercial Services & Supplies (continued)
Triton Container International Ltd.
3.15%, 06/15/2031^(B)		$ 400,000		$ 320,792
Waste Connections, Inc.
4.25%, 12/01/2028		275,000		269,518

				2,448,628

Construction & Engineering - 0.1%
Mattamy Group Corp.
5.25%, 12/15/2027^(B)		190,000		173,850
VM Consolidated, Inc.
5.50%, 04/15/2029^(B)		266,000		244,998

				418,848

Consumer Finance - 1.0%
Ally Financial, Inc.
Fixed until 05/15/2028^(C), 4.70%^(A)		3,000,000		2,302,500
Altice Financing SA
5.00%, 01/15/2028^(B)		455,000		386,341
American Express Co.
3.40%, 02/22/2024		200,000		196,854
4.20%, 11/06/2025		168,000		166,312
BMW US Capital LLC
3.90%, 04/09/2025^(B)		534,000		525,908
Cobra AcquisitionCo LLC
6.38%, 11/01/2029^(B)		410,000		250,100
Curo Group Holdings Corp.
7.50%, 08/01/2028^(B)		293,000		134,265
Enova International, Inc.
8.50%, 09/15/2025^(B)		298,000		283,101
Ford Motor Credit Co. LLC
4.00%, 11/13/2030		200,000		173,776
4.95%, 05/28/2027		350,000		333,803
General Motors Financial Co., Inc.
2.75%, 06/20/2025		238,000		224,467
John Deere Capital Corp.
0.45%, 06/07/2024		783,000		739,836
LFS Topco LLC
5.88%, 10/15/2026^(B)		185,000		153,038
PROG Holdings, Inc.
6.00%, 11/15/2029^(B)		202,000		171,195
S&P Global, Inc.
2.70%, 03/01/2029^(B)		429,000		387,970
Synchrony Financial
4.50%, 07/23/2025		1,178,000		1,145,706

				7,575,172

Containers & Packaging - 0.4%
Amcor Flexibles North America, Inc.
2.69%, 05/25/2031		300,000		253,149
Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC
3.25%, 09/01/2028^(B)		209,000		183,404
Ball Corp.
2.88%, 08/15/2030		136,000		111,482
Clydesdale Acquisition Holdings, Inc.
6.63%, 04/15/2029^(B)		260,000		256,368
Crown Americas LLC
5.25%, 04/01/2030^(E)		337,000		322,250
LABL, Inc.
5.88%, 11/01/2028^(B)		222,000		200,150
Mauser Packaging Solutions Holding Co.
7.88%, 08/15/2026^{(B) (F)}		126,000		127,102
Sealed Air Corp.
5.00%, 04/15/2029^(B)		128,000		121,303
6.13%, 02/01/2028^(B)		26,000		26,228


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Containers & Packaging (continued)
Silgan Holdings, Inc.
4.13%, 02/01/2028		$ 315,000		$ 293,715
Sonoco Products Co.
1.80%, 02/01/2025		980,000		917,861

				2,813,012

Distributors - 0.0%^(G)
Performance Food Group, Inc.
5.50%, 10/15/2027^(B)		325,000		312,806

Diversified Financial Services - 0.3%
Burford Capital Global Finance LLC
6.25%, 04/15/2028^(B)		255,000		230,775
Enact Holdings, Inc.
6.50%, 08/15/2025^(B)		328,000		323,336
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp.
4.25%, 02/01/2027^(B)		263,000		231,769
National Rural Utilities Cooperative Finance Corp.
1.88%, 02/07/2025		166,000		157,044
Fixed until 04/30/2023, 4.75%^(A), 04/30/2043		977,000		938,049
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer, Inc.
3.63%, 03/01/2029^(B)		141,000		119,438

				2,000,411

Diversified Telecommunication Services - 0.3%
AT&T, Inc.
4.10%, 02/15/2028		550,000		539,327
Cogent Communications Group, Inc.
7.00%, 06/15/2027^(B)		305,000		301,889
Connect Finco SARL / Connect US Finco LLC
6.75%, 10/01/2026^(B)		409,000		391,106
Iliad Holding SASU
7.00%, 10/15/2028^(B)		420,000		394,456
Verizon Communications, Inc.
4.02%, 12/03/2029		550,000		526,088

				2,152,866

Electric Utilities - 0.4%
American Electric Power Co., Inc.
5.75%, 11/01/2027		250,000		260,513
Atlantica Sustainable Infrastructure PLC
4.13%, 06/15/2028^(B)		243,000		216,270
Avangrid, Inc.
3.20%, 04/15/2025		443,000		425,796
Berkshire Hathaway Energy Co.
3.25%, 04/15/2028		275,000		260,639
Enel Finance International NV
3.50%, 04/06/2028^(B)		300,000		274,173
NRG Energy, Inc.
3.63%, 02/15/2031^(B)		285,000		223,665
Pacific Gas & Electric Co.
4.95%, 06/08/2025		150,000		148,420
Pattern Energy Operations LP / Pattern Energy Operations, Inc.
4.50%, 08/15/2028^(B)		255,000		233,962
Southern California Edison Co.
1.10%, 04/01/2024		545,000		520,474


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Electric Utilities (continued)
Union Electric Co.
2.95%, 06/15/2027		$ 275,000		$ 260,592
Vistra Operations Co. LLC
5.00%, 07/31/2027^(B)		312,000		293,617

				3,118,121

Electrical Equipment - 0.1%
EnerSys
4.38%, 12/15/2027^(B)		256,000		235,904
Siemens Financieringsmaatschappij NV
3.25%, 05/27/2025^(B)		677,000		657,911

				893,815

Electronic Equipment, Instruments & Components - 0.1%
Honeywell International, Inc.
4.95%, 02/15/2028		150,000		155,590
Imola Merger Corp.
4.75%, 05/15/2029^(B)		261,000		226,887
Trimble, Inc.
4.75%, 12/01/2024		54,000		53,580
TTM Technologies, Inc.
4.00%, 03/01/2029^{(B) (E)}		283,000		246,833
Vontier Corp.
2.95%, 04/01/2031		175,000		135,532

				818,422

Energy Equipment & Services - 0.2%
Archrock Partners LP / Archrock Partners Finance Corp.
6.88%, 04/01/2027^(B)		297,000		291,060
Genesis Energy LP / Genesis Energy Finance Corp.
6.25%, 05/15/2026		56,000		53,496
8.00%, 01/15/2027		262,000		257,364
Halliburton Co.
4.75%, 08/01/2043		150,000		137,787
Nabors Industries Ltd.
7.25%, 01/15/2026^(B)		195,000		188,425
Nabors Industries, Inc.
7.38%, 05/15/2027^(B)		188,000		187,650
USA Compression Partners LP / USA Compression Finance Corp.
6.88%, 04/01/2026		251,000		245,666
Weatherford International Ltd.
6.50%, 09/15/2028^(B)		200,000		199,000

				1,560,448

Entertainment - 0.0%^(G)
Scientific Games Holdings LP / Scientific Games US FinCo, Inc.
6.63%, 03/01/2030^(B)		260,000		232,214

Equity Real Estate Investment Trusts - 0.3%
HAT Holdings I LLC / HAT Holdings II LLC
3.38%, 06/15/2026^(B)		325,000		288,437
6.00%, 04/15/2025^(B)		230,000		224,919
Omega Healthcare Investors, Inc.
3.38%, 02/01/2031		325,000		262,343
Scentre Group Trust 2
Fixed until 06/24/2030, 5.13%^(A), 09/24/2080 ^(B)		1,273,000		1,120,437
Service Properties Trust
4.38%, 02/15/2030		267,000		194,033


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Equity Real Estate Investment Trusts (continued)
Service Properties Trust (continued)
4.75%, 10/01/2026		$ 109,000		$ 90,005
5.25%, 02/15/2026		96,000		82,995

				2,263,169

Food & Staples Retailing - 0.1%
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP
5.88%, 02/15/2028^(B)		370,000		361,675
C&S Group Enterprises LLC
5.00%, 12/15/2028^(B)		476,000		366,530

				728,205

Food Products - 0.7%
Hormel Foods Corp.
0.65%, 06/03/2024		234,000		221,840
Land O’Lakes, Inc.
7.00%, 09/18/2028^{(B) (C)}		4,470,000		3,933,600
Nestle Holdings, Inc.
3.50%, 09/24/2025^(B)		352,000		344,524
Post Holdings, Inc.
4.50%, 09/15/2031^(B)		205,000		176,489
Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc.
4.63%, 03/01/2029^(B)		183,000		154,406
Smithfield Foods, Inc.
5.20%, 04/01/2029^(B)		121,000		112,842

				4,943,701

Gas Utilities - 0.0%^(G)
Ferrellgas LP / Ferrellgas Finance Corp.
5.38%, 04/01/2026^(B)		265,000		243,630

Health Care Equipment & Supplies - 0.1%
GE HealthCare Technologies, Inc.
5.65%, 11/15/2027^(B)		375,000		387,738
Medline Borrower LP
3.88%, 04/01/2029^(B)		205,000		174,875

				562,613

Health Care Providers & Services - 0.5%
Cardinal Health, Inc.
4.60%, 03/15/2043		200,000		175,478
CHS / Community Health Systems, Inc.
5.63%, 03/15/2027^(B)		380,000		336,376
CVS Health Corp.
4.78%, 03/25/2038		300,000		286,006
DaVita, Inc.
4.63%, 06/01/2030^(B)		270,000		227,286
HCA, Inc.
3.50%, 09/01/2030		565,000		505,256
Legacy LifePoint Health LLC
4.38%, 02/15/2027^(B)		260,000		227,500
MPH Acquisition Holdings LLC
5.75%, 11/01/2028^{(B) (E)}		281,000		204,871
Roche Holdings, Inc.
2.13%, 03/10/2025^{(B) (E)}		261,000		249,118
Select Medical Corp.
6.25%, 08/15/2026^(B)		368,000		359,315
UnitedHealth Group, Inc.
3.75%, 07/15/2025		707,000		696,665

				3,267,871

Hotels, Restaurants & Leisure - 0.5%
AMC Entertainment Holdings, Inc.
7.50%, 02/15/2029^(B)		260,000		152,100


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Hotels, Restaurants & Leisure (continued)
Banijay Entertainment SASU
5.38%, 03/01/2025^(B)		$ 335,000		$ 323,275
Brinker International, Inc.
5.00%, 10/01/2024^(B)		225,000		220,194
Carnival Corp.
5.75%, 03/01/2027^(B)		429,000		356,070
6.00%, 05/01/2029^(B)		120,000		94,800
7.63%, 03/01/2026^{(B) (E)}		11,000		10,010
10.50%, 06/01/2030^(B)		320,000		308,000
CEC Entertainment LLC
6.75%, 05/01/2026^(B)		223,000		206,275
Expedia Group, Inc.
2.95%, 03/15/2031		175,000		146,834
Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Escrow, Inc.
4.88%, 07/01/2031^(B)		347,000		300,911
Marriott International, Inc.
2.85%, 04/15/2031		300,000		254,652
NCL Corp. Ltd.
3.63%, 12/15/2024^(B)		365,000		342,644
5.88%, 03/15/2026^(B)		160,000		139,525
Royal Caribbean Cruises Ltd.
4.25%, 07/01/2026^(B)		355,000		307,963
Travel & Leisure Co.
6.00%, 04/01/2027		240,000		235,500
Warnermedia Holdings, Inc.
3.64%, 03/15/2025^(B)		60,000		57,837
4.28%, 03/15/2032^(B)		103,000		91,301
5.05%, 03/15/2042^(B)		300,000		254,961

				3,802,852

Household Products - 0.0%^(G)
Procter & Gamble Co.
3.95%, 01/26/2028		161,000		160,490

Independent Power & Renewable Electricity Producers - 0.1%
Calpine Corp.
3.75%, 03/01/2031^(B)		137,000		114,216
5.00%, 02/01/2031^(B)		238,000		203,625
Clearway Energy Operating LLC
4.75%, 03/15/2028^(B)		245,000		231,084

				548,925

Insurance - 1.1%
Americo Life, Inc.
3.45%, 04/15/2031^(B)		280,000		220,332
Assurant, Inc.
Fixed until 03/27/2028, 7.00%^(A), 03/27/2048		1,100,000		1,088,994
Athene Global Funding
1.73%, 10/02/2026^(B)		332,000		289,592
Athene Holding Ltd.
6.15%, 04/03/2030		1,852,000		1,906,856
Brighthouse Financial, Inc.
5.63%, 05/15/2030		1,200,000		1,198,567
Enstar Finance LLC
Fixed until 09/01/2025, 5.75%^(A), 09/01/2040		1,700,000		1,523,710
F&G Global Funding
0.90%, 09/20/2024^(B)		395,000		365,049
Liberty Mutual Group, Inc.
4.30%, 02/01/2061^(B)		2,022,000		1,318,250
Security Benefit Global Funding
1.25%, 05/17/2024^(B)		254,000		240,024

				8,151,374


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Internet & Catalog Retail - 0.1%
Amazon.com, Inc.
3.30%, 04/13/2027		$ 84,000		$ 81,111
4.65%, 12/01/2029		340,000		345,223
GrubHub Holdings, Inc.
5.50%, 07/01/2027^(B)		196,000		156,812

				583,146

Internet & Direct Marketing Retail - 0.1%
Amazon.com, Inc.
2.80%, 08/22/2024		989,000		962,775

IT Services - 0.1%
Ahead DB Holdings LLC
6.63%, 05/01/2028^(B)		265,000		223,925
Bread Financial Holdings, Inc.
4.75%, 12/15/2024^(B)		245,000		222,337
Mastercard, Inc.
2.00%, 03/03/2025		302,000		286,892
Rackspace Technology Global, Inc.
3.50%, 02/15/2028^(B)		210,000		127,239

				860,393

Life Sciences Tools & Services - 0.0%^(G)
Agilent Technologies, Inc.
2.30%, 03/12/2031		175,000		146,467

Machinery - 0.2%
Caterpillar Financial Services Corp.
3.60%, 08/12/2027		550,000		535,620
Chart Industries, Inc.
7.50%, 01/01/2030^(B)		29,000		29,616
9.50%, 01/01/2031^(B)		18,000		18,783
Daimler Truck Finance North America LLC
5.13%, 01/19/2028^{(B) (E)}		150,000		151,195
nVent Finance SARL
2.75%, 11/15/2031		356,000		289,521
Weir Group PLC
2.20%, 05/13/2026^(B)		319,000		285,561

				1,310,296

Media - 0.5%
Belo Corp.
7.25%, 09/15/2027		750,000		713,437
Block Communications, Inc.
4.88%, 03/01/2028^(B)		364,000		320,320
CCO Holdings LLC / CCO Holdings Capital Corp.
4.50%, 08/15/2030^(B)		720,000		615,600
7.38%, 03/01/2031^{(B) (F)}		500,000		501,245
Charter Communications Operating LLC / Charter Communications Operating Capital
3.50%, 06/01/2041		200,000		140,007
Comcast Corp.
4.15%, 10/15/2028		233,000		230,539
CSC Holdings LLC
5.75%, 01/15/2030^(B)		705,000		445,913
Paramount Global
Fixed until 03/30/2027, 6.38%^(A), 03/30/2062		242,000		210,533
Sirius XM Radio, Inc.
4.00%, 07/15/2028^(B)		270,000		240,327


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Media (continued)
Univision Communications, Inc.
6.63%, 06/01/2027^(B)		$ 255,000		$ 249,900
UPC Broadband Finco BV
4.88%, 07/15/2031^(B)		294,000		258,652

				3,926,473

Metals & Mining - 0.3%
ATI, Inc.
4.88%, 10/01/2029		185,000		169,299
Cleveland-Cliffs, Inc.
4.63%, 03/01/2029^{(B) (E)}		213,000		198,644
Commercial Metals Co.
3.88%, 02/15/2031		207,000		179,091
FMG Resources August 2006 Pty Ltd.
4.50%, 09/15/2027^(B)		250,000		238,750
Hudbay Minerals, Inc.
6.13%, 04/01/2029^(B)		340,000		314,914
Mineral Resources Ltd.
8.13%, 05/01/2027^(B)		315,000		317,362
Nucor Corp.
3.13%, 04/01/2032		200,000		177,797
South32 Treasury Ltd.
4.35%, 04/14/2032^(B)		381,000		342,830

				1,938,687

Mortgage Real Estate Investment Trusts - 0.1%
AG Issuer LLC
6.25%, 03/01/2028^(B)		245,000		232,762
Apollo Commercial Real Estate Finance, Inc.
4.63%, 06/15/2029^(B)		285,000		233,769

				466,531

Multiline Retail - 0.0%^(G)
Nordstrom, Inc.
2.30%, 04/08/2024		95,000		90,166

Oil, Gas & Consumable Fuels - 1.7%
Antero Midstream Partners LP / Antero Midstream Finance Corp.
5.75%, 01/15/2028^(B)		237,000		226,631
Apache Corp.
4.38%, 10/15/2028		249,000		230,442
BP Capital Markets America, Inc.
3.00%, 02/24/2050		350,000		253,774
Buckeye Partners LP
4.50%, 03/01/2028^(B)		261,000		239,389
California Resources Corp.
7.13%, 02/01/2026^(B)		325,000		315,835
Chevron Corp.
1.55%, 05/11/2025		195,000		183,453
Chevron USA, Inc.
3.90%, 11/15/2024		587,000		581,460
Chord Energy Corp.
6.38%, 06/01/2026^(B)		241,000		237,385
Civitas Resources, Inc.
5.00%, 10/15/2026^(B)		179,000		167,576
Crescent Energy Finance LLC
7.25%, 05/01/2026^(B)		249,000		239,040
Diamondback Energy, Inc.
4.40%, 03/24/2051		150,000		123,697
Earthstone Energy Holdings LLC
8.00%, 04/15/2027^(B)		226,000		220,350
Energy Transfer LP
4.95%, 05/15/2028		275,000		270,921
Fixed until 11/15/2026^(C), 6.50%^(A)		2,346,000		2,200,267


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Oil, Gas & Consumable Fuels (continued)
EnLink Midstream Partners LP
3-Month LIBOR + 4.11%, 8.88%^(A), 03/03/2023 ^(C)		$ 1,400,000		$ 1,176,000
EQM Midstream Partners LP
7.50%, 06/01/2027 - 06/01/2030^(B)		296,000		295,895
EQT Corp.
3.63%, 05/15/2031^{(B) (E)}		415,000		362,693
Genesis Energy LP / Genesis Energy Finance Corp.
8.88%, 04/15/2030		230,000		234,025
Harvest Midstream I LP
7.50%, 09/01/2028^(B)		354,000		348,432
Hilcorp Energy I LP / Hilcorp Finance Co.
6.00%, 02/01/2031^(B)		365,000		334,851
Holly Energy Partners LP / Holly Energy Finance Corp.
5.00%, 02/01/2028^(B)		329,000		306,539
Howard Midstream Energy Partners LLC
6.75%, 01/15/2027^(B)		332,000		323,700
ITT Holdings LLC
6.50%, 08/01/2029^(B)		450,000		390,403
Murphy Oil Corp.
6.38%, 07/15/2028		16,000		15,811
Murphy Oil USA, Inc.
4.75%, 09/15/2029		210,000		192,150
NGL Energy Operating LLC / NGL Energy Finance Corp.
7.50%, 02/01/2026^(B)		320,000		302,234
NGL Energy Partners LP / NGL Energy Finance Corp.
6.13%, 03/01/2025^(E)		165,000		146,438
NuStar Logistics LP
6.38%, 10/01/2030		239,000		230,038
Occidental Petroleum Corp.
6.38%, 09/01/2028		214,000		222,182
Petroleos Mexicanos
10.00%, 02/07/2033^(B)		727,000		710,279
Rockcliff Energy II LLC
5.50%, 10/15/2029^(B)		84,000		79,918
Strathcona Resources Ltd.
6.88%, 08/01/2026^(B)		311,000		265,128
Targa Resources Partners LP / Targa Resources Partners Finance Corp.
4.00%, 01/15/2032		300,000		261,884
6.50%, 07/15/2027		250,000		255,900
Venture Global Calcasieu Pass LLC
6.25%, 01/15/2030^(B)		235,000		239,512
Williams Cos., Inc.
5.75%, 06/24/2044		275,000		278,616

				12,462,848

Paper & Forest Products - 0.1%
Georgia-Pacific LLC
0.95%, 05/15/2026^(B)		450,000		400,341
Glatfelter Corp.
4.75%, 11/15/2029^{(B) (E)}		205,000		143,500

				543,841

Personal Products - 0.2%
Coty, Inc.
5.00%, 04/15/2026^(B)		293,000		280,548
Edgewell Personal Care Co.
4.13%, 04/01/2029^(B)		280,000		245,515


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Personal Products (continued)
GSK Consumer Healthcare Capital UK PLC
3.13%, 03/24/2025		$ 258,000		$ 248,049
HLF Financing SARL LLC / Herbalife International, Inc.
4.88%, 06/01/2029^(B)		440,000		322,930

				1,097,042

Pharmaceuticals - 0.2%
Becton Dickinson & Co.
4.30%, 08/22/2032		150,000		146,022
Bristol-Myers Squibb Co.
0.75%, 11/13/2025		320,000		289,745
Embecta Corp.
5.00%, 02/15/2030^(B)		191,000		157,604
Organon & Co. / Organon Foreign Debt Co-Issuer BV
4.13%, 04/30/2028^(B)		432,000		392,278
Royalty Pharma PLC
2.15%, 09/02/2031		200,000		158,680
Viatris, Inc.
1.65%, 06/22/2025		404,000		371,137

				1,515,466

Professional Services - 0.1%
Korn Ferry
4.63%, 12/15/2027^(B)		170,000		159,800
Paysafe Finance PLC / Paysafe Holdings US Corp.
4.00%, 06/15/2029^{(B) (E)}		230,000		182,832
TriNet Group, Inc.
3.50%, 03/01/2029^(B)		275,000		230,926

				573,558

Real Estate Management & Development - 2.7%
Country Garden Holdings Co. Ltd.
6.50%, 04/08/2024^(D)		400,000		333,983
8.00%, 01/27/2024^(D)		2,092,000		1,829,875
Cushman & Wakefield US Borrower LLC
6.75%, 05/15/2028^(B)		282,000		272,223
Franshion Brilliant Ltd.
3.20%, 04/09/2026^(D)		500,000		449,853
Kennedy-Wilson, Inc.
4.75%, 03/01/2029		217,000		182,280
New Metro Global Ltd.
4.80%, 12/15/2024^(D)		850,000		723,503
RKPF Overseas Ltd.
5.90%, 03/05/2025^(D)		1,245,000		1,100,929
6.70%, 09/30/2024^(D)		4,331,000		3,987,768
7.88%, 02/01/2023^(D)		1,894,000		1,894,000
Seazen Group Ltd.
6.00%, 08/12/2024^(D)		700,000		589,260
Shui On Development Holding Ltd.
5.75%, 11/12/2023^(D)		300,000		293,220
Vanke Real Estate Hong Kong Co. Ltd.
4.15%, 04/18/2023^(D)		350,000		348,688
4.20%, 06/07/2024^(D)		750,000		731,618
Wanda Properties International Co. Ltd.
7.25%, 01/29/2024^(D)		900,000		864,900
Yanlord Land HK Co. Ltd.
6.75%, 04/23/2023^(D)		2,083,000		2,076,751
6.80%, 02/27/2024^{(D) (E)}		4,193,000		4,096,561

				19,775,412


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Road & Rail - 0.1%
AerCap Global Aviation Trust
Fixed until 06/15/2025, 6.50%^(A), 06/15/2045 ^(B)		$ 330,000		$ 322,684
Canadian Pacific Railway Co.
1.35%, 12/02/2024		271,000		254,564

				577,248

Semiconductors & Semiconductor Equipment - 0.2%
Entegris Escrow Corp.
5.95%, 06/15/2030^(B)		255,000		244,884
Intel Corp.
3.40%, 03/25/2025		677,000		660,830
ON Semiconductor Corp.
3.88%, 09/01/2028^(B)		168,000		153,302
TSMC Global Ltd.
0.75%, 09/28/2025^(B)		362,000		326,591

				1,385,607

Software - 0.1%
Central Parent, Inc. / CDK Global, Inc.
7.25%, 06/15/2029^(B)		155,000		154,610
Gen Digital, Inc.
6.75%, 09/30/2027^(B)		79,000		80,027
7.13%, 09/30/2030^(B)		166,000		168,540
Helios Software Holdings, Inc. / ION Corp. Solutions Finance SARL
4.63%, 05/01/2028^(B)		200,000		160,748

				563,925

Specialty Retail - 0.1%
AutoZone, Inc.
4.75%, 02/01/2033		39,000		38,675
Carvana Co.
5.50%, 04/15/2027^(B)		224,000		100,935
Ken Garff Automotive LLC
4.88%, 09/15/2028^(B)		265,000		226,728
Metis Merger Sub LLC
6.50%, 05/15/2029^(B)		295,000		251,487
Rent-A-Center, Inc.
6.38%, 02/15/2029^(B)		280,000		238,000

				855,825

Technology Hardware, Storage & Peripherals - 0.1%
Hewlett Packard Enterprise Co.
1.75%, 04/01/2026		400,000		364,312
McAfee Corp.
7.38%, 02/15/2030^(B)		400,000		333,546

				697,858

Thrifts & Mortgage Finance - 0.0%^(G)
NMI Holdings, Inc.
7.38%, 06/01/2025^(B)		160,000		162,508

Transportation Infrastructure - 0.0%^(G)
Penske Truck Leasing Co. LP / PTL Finance Corp.
5.70%, 02/01/2028^(B)		200,000		204,720


	Principal		Value

CORPORATE DEBT SECURITIES (continued)
Wireless Telecommunication Services - 0.1%
Altice France SA
5.13%, 07/15/2029^(B)		$ 625,000		$ 488,625
T-Mobile USA, Inc.
3.38%, 04/15/2029		425,000		387,373

				875,998

Total Corporate Debt Securities (Cost $154,405,286)				146,281,448


FOREIGN GOVERNMENT OBLIGATIONS - 0.4%
Japan - 0.1%
Development Bank of Japan, Inc.
1.75%, 02/18/2025^(B)		570,000		539,870

Republic of Korea - 0.1%
Industrial Bank of Korea
1.04%, 06/22/2025^(B)		1,206,000		1,096,541

Supranational - 0.1%
Asian Infrastructure Investment Bank
0.50%, 10/30/2024^(E)		396,000		369,079
European Bank for Reconstruction & Development
1.50%, 02/13/2025		420,000		397,356
International Bank for Reconstruction & Development
3.13%, 11/20/2025		329,000		320,949

				1,087,384

United States - 0.1%
Inter-American Development Bank
4.00%, 01/12/2028		400,000		404,934

Total Foreign Government Obligations (Cost $3,336,727)				3,128,729


LOAN ASSIGNMENTS - 7.4%
Aerospace & Defense - 0.2%
Castlelake Aviation Ltd.
Term Loan B,
3-Month LIBOR + 2.75%, 7.52%^(A), 10/22/2026		223,293		223,083
Cobham Ultra SeniorCo SARL
Term Loan B,
6-Month LIBOR + 3.75%, 7.06%^(A), 08/03/2029		260,101		256,655
Dynasty Acquisition Co., Inc.
Term Loan B1,
1-Month Term SOFR + 3.50%, 8.16%^(A), 04/06/2026		219,055		214,674
Term Loan B2,
3-Month Term SOFR + 3.50%, 8.16%^(A), 04/06/2026		117,356		115,009
Spirit Aerosystems, Inc.
Term Loan,
3-Month Term SOFR + 4.50%, 9.18%^(A), 01/15/2027		299,373		299,467

				1,108,888

Air Freight & Logistics - 0.0%^(G)
Kenan Advantage Group, Inc.
Term Loan B1,
1-Month LIBOR + 3.75%, 8.32%^(A), 03/24/2026		327,305		323,162


	Principal		Value

LOAN ASSIGNMENTS (continued)
Airlines - 0.3%
Air Canada
Term Loan B,
3-Month LIBOR + 3.50%, 8.13%^(A), 08/11/2028		$ 220,582		$ 220,361
American Airlines, Inc.
Term Loan,
3-Month LIBOR + 4.75%, 9.56%^(A), 04/20/2028^(F)		280,050		287,402
Term Loan B,
1-Month LIBOR + 1.75%, 6.27%^(A), 06/27/2025		410,136		401,607
Kestrel Bidco, Inc.
Term Loan B,
1-Month LIBOR + 3.00%, 7.51%^(A), 12/11/2026		439,358		421,156
Mileage Plus Holdings LLC
Term Loan B,
3-Month LIBOR + 5.25%, 10.00%^(A), 06/21/2027		170,526		177,720
United Airlines, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 8.57%^(A), 04/21/2028		310,538		309,691

				1,817,937

Auto Components - 0.2%
American Axle & Manufacturing, Inc.
Term Loan B,
1-Month Term SOFR + 3.60%, 8.03%^(A), 12/13/2029		33,020		32,979
DexKo Global, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 8.48%^(A), 10/04/2028		217,489		200,997
Les Schwab Tire Centers
Term Loan B,
3-Month LIBOR + 3.25%, 6.58%^(A), 11/02/2027		328,128		325,530
Mavis Tire Express Services Corp.
Term Loan B,
1-Month Term SOFR + 4.00%, 8.63%^(A), 05/04/2028		294,775		288,216
USI, Inc.
Term Loan,
3-Month Term SOFR + 3.75%, 8.33%^(A), 11/22/2029 ^(F)		268,707		268,371

				1,116,093

Beverages - 0.0%^(G)
Sunshine Investments BV
Term Loan,
3-Month Term SOFR + 4.25%, 8.52%^(A), 07/12/2029		329,896		326,598

Biotechnology - 0.0%^(G)
Curium BidCo SARL
Term Loan,
3-Month LIBOR + 4.25%, 8.98%^(A), 12/02/2027 ^(F)		271,510		270,831


	Principal		Value

LOAN ASSIGNMENTS (continued)
Building Products - 0.2%
CD&R Hydra Buyer, Inc.
Term Loan,
1-Month LIBOR + 4.25%, 8.82%^(A), 12/11/2024		$ 257,286		$ 248,281
Foley Products Co. LLC
Term Loan,
3-Month Term SOFR + 4.75%, 9.48%^(A), 12/29/2028		250,058		245,214
Icebox Holdco III, Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.50%, 8.23%^(A), 12/22/2028		214,597		206,192
LBM Acquisition LLC
Term Loan B,
6-Month LIBOR + 3.75%, 8.85%^(A), 12/17/2027		224,707		202,517
Quikrete Holdings, Inc.
1st Lien Term Loan,
1-Month LIBOR + 2.63%, 7.19%^(A), 02/01/2027		231,922		230,385
Term Loan B1,
1-Month LIBOR + 3.00%, 7.57%^(A), 03/18/2029		112,621		112,111
Specialty Building Products Holdings LLC
Term Loan B,
1-Month LIBOR + 3.25%, 7.77%^(A), 10/15/2028 ^(F)		233,518		223,074

				1,467,774

Capital Markets - 0.2%
Advisor Group, Inc.
Term Loan,
1-Month LIBOR + 4.50%, 9.07%^(A), 07/31/2026		269,604		267,507
Camelot US Acquisition LLC
Term Loan B,
1-Month LIBOR + 3.00%, 7.52%^(A), 10/30/2026		266,604		265,937
HighTower Holdings LLC
Term Loan B,
3-Month LIBOR + 4.00%, 8.82%^(A), 04/21/2028		291,216		283,936
NEXUS Buyer LLC
Term Loan B,
1-Month LIBOR + 3.75%, 8.32%^(A), 11/09/2026		266,069		260,700
PAI Holdco, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 8.58%^(A), 10/28/2027		236,465		215,972

				1,294,052

Chemicals - 0.1%
ASP Unifrax Holdings, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 8.48%^(A), 12/12/2025		250,250		227,728
Natgasoline LLC
Term Loan B,
1-Month LIBOR + 3.50%, 8.13%^(A), 11/14/2025		284,361		280,984


	Principal		Value

LOAN ASSIGNMENTS (continued)
Chemicals (continued)
Polar US Borrower LLC
1st Lien Term Loan,
6-Month LIBOR + 4.75%, 9.02%^(A), 10/15/2025		$ 198,089		$ 162,433
RelaDyne, Inc.
Term Loan B,
1-Month Term SOFR + 4.25%, 8.81%^(A), 12/22/2028		158,196		157,207
Starfruit Finco BV
Term Loan B,
3-Month LIBOR + 2.75%, 7.53%^(A), 10/01/2025		201,569		199,469

				1,027,821

Commercial Services & Supplies - 0.6%
Amentum Government Services Holdings LLC
Term Loan,
3-Month Term SOFR + 4.00%, 7.56% - 8.76%^(A), 02/15/2029		220,065		217,314
APX Group, Inc.
Term Loan B,
3-Month LIBOR + 3.25%, Prime Rate + 2.25%, 7.70% - 9.75%^(A), 07/10/2028		196,352		193,554
Asurion LLC
2nd Lien Term Loan B4,
1-Month LIBOR + 5.25%, 9.82%^(A), 01/20/2029		225,548		188,192
Term Loan B10,
3-Month Term SOFR + 4.00%, 8.68%^(A), 08/19/2028		157,588		148,789
Term Loan B8,
1-Month LIBOR + 3.25%, 7.82%^(A), 12/23/2026		195,538		186,097
Term Loan B9,
1-Month LIBOR + 3.25%, 7.82%^(A), 07/31/2027		328,321		308,915
Avis Budget Car Rental LLC
Term Loan C,
1-Month Term SOFR + 3.50%, 8.16%^(A), 03/16/2029 ^(F)		164,893		164,378
Cast & Crew Payroll LLC
1st Lien Term Loan,
1-Month LIBOR + 3.50%, 8.07%^(A), 02/09/2026		184,433		183,597
Term Loan,
1-Month Term SOFR + 3.75%, 8.31%^(A), 12/29/2028		71,045		70,618
Colibri Group LLC
Term Loan,
3-Month Term SOFR + 5.00%, 6-Month Term SOFR + 5.00%, 8.73% - 9.79%^(A), 03/12/2029		169,855		163,591
Creative Artists Agency LLC
Term Loan B,
1-Month LIBOR + 3.75%, 8.32%^(A), 11/27/2026		394,734		393,993
Driven Holdings LLC
Term Loan B,
3-Month LIBOR + 3.00%, 7.74%^(A), 12/17/2028		149,623		146,070


	Principal		Value

LOAN ASSIGNMENTS (continued)
Commercial Services & Supplies (continued)
Element Materials Technology Group US Holdings, Inc.
Delayed Draw Term Loan,
3-Month Term SOFR + 4.25%, 8.93%^(A), 07/06/2029		$ 40,347		$ 39,804
Term Loan,
3-Month Term SOFR + 4.25%, 8.93%^(A), 07/06/2029		87,418		86,243
Ensemble RCM LLC
Term Loan,
3-Month Term SOFR + 3.75%, 8.53%^(A), 08/03/2026		214,278		214,144
Garda World Security Corp.
Term Loan B,
TBD, 02/01/2029 ^{(F) (H)}		24,937		24,704
3-Month LIBOR + 4.25%, 8.93%^(A), 10/30/2026		334,191		332,311
GFL Environmental, Inc.
Term Loan,
3-Month LIBOR + 3.00%, 7.66%^(A), 05/30/2025		234,050		234,440
Intrado Corp.
Term Loan,
TBD, 01/31/2030 ^{(F) (H)}		32,519		32,276
Prime Security Services Borrower LLC
Term Loan,
3-Month LIBOR + 2.75%, 7.52%^(A), 09/23/2026		284,155		283,764
PUG LLC
Term Loan B,
1-Month LIBOR + 4.25%, 8.82%^(A), 02/12/2027		174,118		146,259
SITEL Worldwide Corp.
Term Loan,
1-Month LIBOR + 3.75%, 8.32%^(A), 08/28/2028		329,760		329,416
Sotheby’s
Term Loan B,
3-Month LIBOR + 4.50%, 9.33%^(A), 01/15/2027		428,737		426,593

				4,515,062

Communications Equipment - 0.1%
Ciena Corp.
Term Loan B,
3-Month Term SOFR + 2.50%, 6.98%^(A), 01/18/2030		27,577		27,543
ViaSat, Inc.
Term Loan,
1-Month Term SOFR + 4.50%, 9.18%^(A), 03/02/2029		414,766		412,692

				440,235

Construction & Engineering - 0.2%
Osmose Utilities Services, Inc.
Term Loan,
1-Month LIBOR + 3.25%, 7.82%^(A), 06/23/2028 ^(F)		195,609		187,932
Service Logic Acquisition, Inc.
Term Loan,
2-Month LIBOR + 4.00%, 3-Month LIBOR + 4.00%, 8.49% - 8.83%^(A), 10/29/2027		244,045		237,334
USIC Holdings, Inc.
2nd Lien Term Loan,
1-Month LIBOR + 6.50%, 11.07%^(A), 05/14/2029		128,309		120,610


	Principal		Value

LOAN ASSIGNMENTS (continued)
Construction & Engineering (continued)
USIC Holdings, Inc. (continued)
Term Loan,
1-Month LIBOR + 3.50%, 8.07%^(A), 05/12/2028		$ 153,676		$ 148,633
VM Consolidated, Inc.
Term Loan B,
1-Month LIBOR + 3.25%, 7.82%^(A), 03/24/2028		361,129		361,129

				1,055,638

Construction Materials - 0.0% ^(G)
Potters Industries LLC
Term Loan B,
3-Month LIBOR + 4.00%, 8.73%^(A), 12/14/2027		211,094		210,039

Containers & Packaging - 0.4%
Berlin Packaging LLC
Term Loan B4,
1-Month LIBOR + 3.25%, 3-Month LIBOR + 3.25%, 7.62% - 7.98%^(A), 03/11/2028		104,003		100,948
Term Loan B5,
1-Month LIBOR + 3.75%, 3-Month LIBOR + 3.75%, 8.12% - 8.48%^(A), 03/11/2028		236,647		233,245
BWAY Holding Co.
Term Loan B,
1-Month LIBOR + 3.25%, 7.62%^(A), 04/03/2024		307,906		305,541
Charter NEX US, Inc.
Term Loan,
1-Month LIBOR + 3.75%, 8.32%^(A), 12/01/2027		257,079		255,794
Clydesdale Acquisition Holdings, Inc.
Term Loan B,
1-Month Term SOFR + 4.18%, 8.84%^(A), 04/13/2029		226,423		222,134
LABL, Inc.
1st Lien Term Loan,
1-Month LIBOR + 5.00%, 9.57%^(A), 10/29/2028 ^(F)		281,197		273,200
Packaging Coordinators Midco, Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.50%, 8.23%^(A), 11/30/2027		315,265		308,904
Reynolds Group Holdings, Inc.
Term Loan B,
1-Month LIBOR + 3.25%, 7.82%^(A), 09/24/2028		309,409		307,959
TricorBraun Holdings, Inc.
Term Loan,
1-Month LIBOR + 3.25%, 7.82%^(A), 03/03/2028		339,903		330,428
Trident TPI Holdings, Inc.
Term Loan,
3-Month LIBOR + 4.00%, 8.73%^(A), 09/15/2028		229,699		225,064
Term Loan B1,
3-Month LIBOR + 3.25%, 7.98%^(A), 10/17/2024		139,875		139,263

				2,702,480


	Principal		Value

LOAN ASSIGNMENTS (continued)
Diversified Consumer Services - 0.1%
William Morris Endeavor Entertainment LLC
1st Lien Term Loan,
1-Month LIBOR + 2.75%, 7.32%^(A), 05/18/2025		$ 528,444		$ 524,261

Diversified Financial Services - 0.1%
Citco Group Ltd.
Term Loan B,
3-Month Term SOFR + 3.50%, 8.17%^(A), 04/19/2028		79,741		79,741
Claros Mortgage Trust, Inc.
Term Loan B,
1-Month Term SOFR + 4.50%, 9.08%^(A), 08/09/2026		328,175		325,714
Stars Group Holdings BV
Term Loan B,
3-Month Term SOFR + 3.25%, 8.09%^(A), 07/22/2028		94,658		94,788

				500,243

Diversified Telecommunication Services - 0.1%
Iridium Satellite LLC
Term Loan B2,
1-Month Term SOFR + 2.50%, 7.16%^(A), 11/04/2026		312,329		312,106
Telesat Canada
Term Loan B5,
3-Month LIBOR + 2.75%, 7.58%^(A), 12/07/2026		419,666		191,158
Virgin Media Bristol LLC
Term Loan Q,
1-Month LIBOR + 3.25%, 7.71%^(A), 01/31/2029		167,000		166,911

				670,175

Electrical Equipment - 0.0% ^(G)
Gates Global LLC
Term Loan B3,
1-Month LIBOR + 2.50%, 7.07%^(A), 03/31/2027		133,658		133,220
Term Loan B4,
1-Month Term SOFR + 3.50%, 8.06%^(A), 11/16/2029		26,421		26,421

				159,641

Electronic Equipment, Instruments & Components - 0.1%
II-VI, Inc.
Term Loan B,
1-Month LIBOR + 2.75%, 7.32%^(A), 07/02/2029		205,642		204,665
Ingram Micro, Inc.
Term Loan B,
3-Month LIBOR + 3.50%, 8.23%^(A), 06/30/2028		152,151		151,390
Verifone Systems, Inc.
1st Lien Term Loan,
3-Month LIBOR + 4.00%, 8.36%^(A), 08/20/2025		422,885		397,600

				753,655


	Principal		Value

LOAN ASSIGNMENTS (continued)
Energy Equipment & Services - 0.0% ^(G)
M6 ETX Holdings II Midco LLC
Term Loan B,
3-Month Term SOFR + 4.50%, 9.16%^(A), 09/19/2029		$ 231,189		$ 230,900

Entertainment - 0.0%^(G)
AMC Entertainment Holdings, Inc.
Term Loan B,
1-Month LIBOR + 3.00%, 7.43%^(A), 04/22/2026		320,124		188,530

Food Products - 0.0%^(G)
Nomad Foods Europe Midco Ltd.
Term Loan B,
3-Month Term SOFR + 3.75%, 8.23%^(A), 11/12/2029		84,704		84,916

Health Care Equipment & Supplies - 0.1%
Medline Borrower LP
Term Loan B,
1-Month LIBOR + 3.50%, 7.82%^(A), 10/23/2028		775,925		752,841

Health Care Providers & Services - 0.4%
Bella Holding Co. LLC
Term Loan B,
1-Month LIBOR + 3.75%, 8.41%^(A), 05/10/2028 ^(F)		293,003		285,036
CHG Healthcare Services, Inc.
Term Loan,
1-Month LIBOR + 3.25%, 7.82%^(A), 09/29/2028		190,252		188,825
Gainwell Acquisition Corp.
Term Loan B,
3-Month LIBOR + 4.00%, 8.73%^(A), 10/01/2027		430,101		419,483
ICON Luxembourg SARL
Term Loan,
3-Month LIBOR + 2.25%, 7.00%^(A), 07/03/2028		165,193		165,124
MPH Acquisition Holdings LLC
Term Loan B,
3-Month LIBOR + 4.25%, 8.98%^(A), 09/01/2028		338,287		302,978
Option Care Health, Inc.
Term Loan B,
1-Month LIBOR + 2.75%, 7.32%^(A), 10/27/2028		159,106		158,986
PRA Health Sciences, Inc.
Term Loan,
3-Month LIBOR + 2.25%, 7.00%^(A), 07/03/2028		41,158		41,141
Radnet Management, Inc.
Term Loan,
3-Month LIBOR + 3.00%, 7.73%^(A), 04/21/2028		231,369		228,947
RegionalCare Hospital Partners Holdings, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 8.58%^(A), 11/16/2025		503,898		488,921


	Principal		Value

LOAN ASSIGNMENTS (continued)
Health Care Providers & Services (continued)
Select Medical Corp.
Term Loan B,
1-Month LIBOR + 2.50%, 7.07%^(A), 03/06/2025		$ 166,751		$ 165,501
Team Health Holdings, Inc.
Term Loan B,
1-Month Term SOFR + 5.25%, 9.81%^(A), 03/02/2027		348,038		288,871

				2,733,813

Health Care Technology - 0.1%
Athenahealth, Inc.
Term Loan B,
1-Month Term SOFR + 3.50%, 8.01%^(A), 02/15/2029		645,560		610,054
Navicure, Inc.
Term Loan B,
1-Month LIBOR + 4.00%, 8.57%^(A), 10/22/2026		346,764		343,947

				954,001

Hotels, Restaurants & Leisure - 0.8%
Aimbridge Acquisition Co., Inc.
Term Loan B,
1-Month LIBOR + 3.75%, 8.32%^(A), 02/02/2026		441,577		405,331
Caesars Entertainment Corp.
Term Loan B,
TBD, 01/20/2030 ^(F) (H⁾		91,967		91,858
Carnival Corp.
Term Loan B,
1-Month LIBOR + 3.00%, 7.57%^(A), 06/30/2025		139,566		137,194
1-Month LIBOR + 3.25%, 7.82%^(A), 10/18/2028		201,949		196,900
Connect Finco SARL
Term Loan B,
1-Month LIBOR + 3.50%, 8.07%^(A), 12/11/2026		367,349		363,905
Dave & Buster’s, Inc.
Term Loan B,
1-Month Term SOFR + 5.00%, 9.69%^(A), 06/29/2029		293,191		293,374
Everi Holdings, Inc.
Term Loan B,
1-Month LIBOR + 2.50%, 7.07%^(A), 08/03/2028		214,083		213,518
Fertitta Entertainment LLC
Term Loan B,
1-Month Term SOFR + 4.00%, 8.56%^(A), 01/27/2029		231,642		228,573
Fogo De Chao, Inc.
Term Loan,
1-Month LIBOR + 4.25%, 8.82%^(A), 04/07/2025		304,486		290,594
GVC Holdings Ltd.
Term Loan B2,
3-Month Term SOFR + 3.50%, 8.18%^(A), 10/31/2029 ^(F)		173,220		173,437
Herschend Entertainment Co. LLC
Term Loan,
1-Month LIBOR + 3.75%, 8.38%^(A), 08/27/2028		177,064		176,843


	Principal		Value

LOAN ASSIGNMENTS (continued)
Hotels, Restaurants & Leisure (continued)
Hilton Grand Vacations Borrower LLC
Term Loan B,
1-Month LIBOR + 3.00%, 7.57%^(A), 08/02/2028		$ 303,904		$ 303,840
Hornblower Sub LLC
Repriced Term Loan B,
3-Month LIBOR + 4.50%, 8.67%^(A), 04/27/2025		378,651		248,332
IRB Holding Corp.
Term Loan B,
1-Month LIBOR + 2.75%, 7.32%^(A), 02/05/2025		232,086		231,433
Motion Finco SARL
Delayed Draw Term Loan B2,
3-Month LIBOR + 3.25%, 7.98%^(A), 11/12/2026		22,265		21,931
Term Loan B1,
3-Month LIBOR + 3.25%, 7.98%^(A), 11/12/2026		183,317		180,567
NEP / NCP Holdco, Inc.
1st Lien Term Loan,
1-Month LIBOR + 3.25%, 7.82%^(A), 10/20/2025		477,307		427,041
PCI Gaming Authority
Term Loan,
1-Month LIBOR + 2.50%, 7.07%^(A), 05/29/2026		170,118		169,784
PF Chang’s China Bistro, Inc.
Term Loan B,
3-Month LIBOR + 6.50%, 11.23%^(A), 03/01/2026		322,588		280,047
Playa Resorts Holding BV
Term Loan B,
1-Month Term SOFR + 4.25%, 8.73%^(A), 01/05/2029		241,433		239,578
Scientific Games Holdings LP
Term Loan B,
3-Month Term SOFR + 3.50%, 8.10%^(A), 04/04/2029		221,704		217,894
Scientific Games International, Inc.
Term Loan,
1-Month Term SOFR + 3.00%, 7.58%^(A), 04/14/2029		176,303		175,936
SeaWorld Parks & Entertainment, Inc.
Term Loan B,
1-Month LIBOR + 3.00%, 7.63%^(A), 08/25/2028		412,526		410,979
Travel & Leisure Co.
Term Loan B,
3-Month Term SOFR + 4.00%, 8.61%^(A), 12/14/2029		73,333		73,242
Travelport Finance SARL
Term Loan,
3-Month LIBOR + 6.75%, PIK Rate 1.75%, Cash Rate 0.00%, 1.75% - 9.73%^(A), 05/29/2026 ^(I)		688,265		412,959
Whatabrands LLC
Term Loan B,
1-Month LIBOR + 3.25%, 7.82%^(A), 08/03/2028		164,577		162,862

				6,127,952


	Principal		Value

LOAN ASSIGNMENTS (continued)
Household Products - 0.0%^(G)
Diamond BV
Term Loan B,
1-Month LIBOR + 2.75%, 3-Month LIBOR + 2.75%, 7.32% - 7.58%^(A), 09/29/2028		$ 272,380		$ 268,975

Insurance - 0.3%
Alliant Holdings Intermediate LLC
Term Loan B,
1-Month LIBOR + 3.25%, 7.82%^(A), 05/09/2025		235,449		235,052
Term Loan B4,
1-Month LIBOR + 3.50%, 8.01%^(A), 11/06/2027		147,071		146,729
AmWINS Group, Inc.
Term Loan B,
1-Month LIBOR + 2.25%, 6.82%^(A), 02/19/2028		306,223		304,139
Broadstreet Partners, Inc.
Term Loan B2,
1-Month LIBOR + 3.25%, 7.82%^(A), 01/27/2027		286,860		282,677
Hub International Ltd.
Term Loan B,
3-Month LIBOR + 3.25%, 7.95% - 8.06%^(A), 04/25/2025		463,340		462,761
3-Month Term SOFR + 4.00%, 8.22%^(A), 11/10/2029		6,096		6,090
Hyperion Insurance Group Ltd.
Term Loan B,
1-Month LIBOR + 3.25%, 7.88%^(A), 11/12/2027		374,111		370,370
Sedgwick Claims Management Services, Inc.
Term Loan B,
TBD, 09/03/2026 ^{(F) (H)}		50,000		49,914
1-Month LIBOR + 3.25%, 7.82%^(A), 12/31/2025		374,329		372,317

				2,230,049

Internet & Catalog Retail - 0.1%
CNT Holdings I Corp.
2nd Lien Term Loan,
3-Month LIBOR + 6.75%, 11.38%^(A), 11/06/2028		205,369		197,326
Term Loan,
3-Month Term SOFR + 3.50%, 8.13%^(A), 11/08/2027		206,417		203,468

				400,794

IT Services - 0.1%
Peraton Corp.
Term Loan B,
1-Month LIBOR + 3.75%, 8.32%^(A), 02/01/2028		400,878		397,943
Rackspace Technology Global, Inc.
Term Loan B,
3-Month LIBOR + 2.75%, 7.38%^(A), 02/15/2028		184,410		115,871
Tempo Acquisition LLC
Term Loan B,
1-Month Term SOFR + 3.00%, 7.56%^(A), 08/31/2028		184,527		184,666

				698,480


	Principal		Value

LOAN ASSIGNMENTS (continued)
Life Sciences Tools & Services - 0.1%
Parexel International Corp.
1st Lien Term Loan,
1-Month LIBOR + 3.25%, 7.82%^(A), 11/15/2028		$ 360,864		$ 357,661

Machinery - 0.2%
Alliance Laundry Systems LLC
Term Loan B,
3-Month LIBOR + 3.50%, 8.31%^(A), 10/08/2027		149,614		149,026
Chart Industries, Inc.
Term Loan B,
TBD, 12/07/2029^{(F) (H)}		69,753		69,274
Circor International, Inc.
Term Loan B,
1-Month LIBOR + 5.50%, 10.07%^(A), 12/20/2028		150,105		148,228
Filtration Group Corp.
Term Loan,
1-Month LIBOR + 3.50%, 8.07%^(A), 10/21/2028		189,534		188,389
Hayward Industries, Inc.
Term Loan,
1-Month LIBOR + 2.50%, 7.07%^(A), 05/30/2028		158,092		156,115
OEConnection LLC
Term Loan B,
1-Month LIBOR + 4.00%, 1-Month Term SOFR + 4.00%, 8.58% - 8.65%^(A), 09/25/2026		373,853		363,572
Patriot Container Corp.
1st Lien Term Loan,
1-Month Term SOFR + 3.75%, 8.28%^(A), 03/20/2025		400,804		369,408

				1,444,012

Media - 0.3%
CMG Media Corp.
Term Loan,
3-Month LIBOR + 3.50%, 8.23%^(A), 12/17/2026		235,865		223,187
Cogeco Financing 2 LP
Term Loan B,
1-Month LIBOR + 2.50%, 7.07%^(A), 09/01/2028		248,167		245,651
CSC Holdings LLC
Term Loan B5,
1-Month LIBOR + 2.50%, 6.96%^(A), 04/15/2027		483,720		447,744
Dotdash Meredith, Inc.
Term Loan B,
1-Month Term SOFR + 4.00%, 8.43%^(A), 12/01/2028		151,889		128,599
Gray Television, Inc.
Term Loan C,
1-Month LIBOR + 2.50%, 6.87%^(A), 01/02/2026		73,843		73,433
Term Loan D,
1-Month LIBOR + 3.00%, 7.37%^(A), 12/01/2028		115,839		115,259
Rentpath, Inc.
2nd Lien Term Loan,
TBD, 05/03/2028^{(H) (J) (K) (L) (M) (N) (O)}		594,723		0


	Principal		Value

LOAN ASSIGNMENTS (continued)
Media (continued)
Sinclair Television Group, Inc.
Term Loan B4,
1-Month Term SOFR + 3.75%, 8.41%^(A), 04/21/2029		$ 248,750		$ 243,930
United Talent Agency LLC
Term Loan B,
1-Month LIBOR + 4.00%, 8.65%^(A), 07/07/2028		371,703		367,986
Univision Communications, Inc.
1st Lien Term Loan B,
1-Month LIBOR + 3.25%, 7.82%^(A), 03/15/2026		292,974		289,678
3-Month Term SOFR + 4.25%, 8.83%^(A), 06/24/2029		85,068		84,253
Term Loan B,
1-Month LIBOR + 3.25%, 7.82%^(A), 01/31/2029		84,832		83,560

				2,303,280

Metals & Mining - 0.1%
US Silica Co.
Term Loan B,
1-Month LIBOR + 4.00%, 8.63%^(A), 05/01/2025		367,000		365,738

Mortgage Real Estate Investment Trusts - 0.0%^(G)
Apollo Commercial Real Estate Finance, Inc.
Term Loan B1,
1-Month LIBOR + 3.50%, 8.05%^(A), 03/11/2028		282,472		268,349

Oil, Gas & Consumable Fuels - 0.2%
Buckeye Partners LP
Term Loan B,
1-Month LIBOR + 2.25%, 6.63%^(A), 11/01/2026		162,689		162,638
Centurion Pipeline Co. LLC
Term Loan B,
1-Month LIBOR + 3.25%, 7.82%^(A), 09/29/2025		139,016		137,800
CQP Holdco LP
Term Loan B,
3-Month LIBOR + 3.75%, 8.48%^(A), 06/05/2028		368,180		368,378
EG America LLC
Term Loan,
3-Month LIBOR + 4.00%, 8.73%^(A), 02/07/2025		319,007		307,215
Medallion Midland Acquisition LLC
Term Loan,
3-Month Term SOFR + 3.75%, 8.59%^(A), 10/18/2028		209,984		209,721
Oryx Midstream Services Permian Basin LLC
Term Loan B,
3-Month LIBOR + 3.25%, 7.92%^(A), 10/05/2028 ^(F)		238,400		237,506
TransMontaigne Operating Co. LP
Term Loan B,
1-Month LIBOR + 3.50%, 8.01% - 8.05%^(A), 11/17/2028		311,234		309,920

				1,733,178


	Principal		Value

LOAN ASSIGNMENTS (continued)
Paper & Forest Products - 0.0% ^(G)
Vertical US Newco, Inc.
Term Loan B,
6-Month LIBOR + 3.50%, 8.60%^(A), 07/30/2027 ^(F)		$ 312,711		$ 306,653

Personal Products - 0.1%
Coty, Inc.
Term Loan B,
1-Month LIBOR + 2.25%, 6.65%^(A), 04/07/2025		339,548		338,274
Sunshine Luxembourg VII SARL
Term Loan B3,
3-Month LIBOR + 3.75%, 8.48%^(A), 10/01/2026		297,350		291,156

				629,430

Pharmaceuticals - 0.0% ^(G)
Organon & Co.
Term Loan,
3-Month LIBOR + 3.00%, 7.75%^(A), 06/02/2028		221,755		221,201

Professional Services - 0.1%
Verscend Holding Corp.
Term Loan B,
1-Month LIBOR + 4.00%, 8.57%^(A), 08/27/2025		422,854		421,494

Real Estate Management & Development - 0.1%
Brookfield WEC Holdings, Inc.
Term Loan,
1-Month LIBOR + 2.75%, 7.32%^(A), 08/01/2025		308,119		307,580
1-Month Term SOFR + 3.75%, 8.31%^(A), 08/01/2025		59,251		59,193
Cushman & Wakefield US Borrower LLC
Term Loan,
1-Month Term SOFR + 3.25%, 7.91%^(A), 01/21/2030		159,304		158,574
Term Loan B,
1-Month LIBOR + 2.75%, 7.32%^(A), 08/21/2025		126,296		125,664

				651,011

Road & Rail - 0.0% ^(G)
Hertz Corp.
Term Loan B,
1-Month LIBOR + 3.25%, 7.82%^(A), 06/30/2028		196,193		195,089
Term Loan C,
1-Month LIBOR + 3.25%, 7.82%^(A), 06/30/2028		37,538		37,327

				232,416

Semiconductors & Semiconductor Equipment - 0.0% ^(G)
Altar Bidco, Inc.
Term Loan,
6-Month Term SOFR + 3.10%, 5.50% - 7.99%^(A), 02/01/2029		161,996		158,148

Software - 1.0%
Applied Systems, Inc.
1st Lien Term Loan,
3-Month Term SOFR + 4.50%, 9.08%^(A), 09/18/2026		295,698		295,790


	Principal		Value

LOAN ASSIGNMENTS (continued)
Software (continued)
Applied Systems, Inc. (continued)
2nd Lien Term Loan,
3-Month Term SOFR + 6.75%, 11.33%^(A), 09/19/2025		$ 73,849		$ 73,726
Barracuda Networks, Inc.
Term Loan,
3-Month Term SOFR + 4.50%, 9.18%^(A), 08/15/2029		339,494		328,036
Central Parent, Inc.
Term Loan B,
3-Month Term SOFR + 4.50%, 9.08%^(A), 07/06/2029		427,809		426,594
Comet Acquisition, Inc.
Term Loan,
3-Month LIBOR + 3.25%, 7.98%^(A), 10/24/2025		230,943		225,555
Corel Corp.
Term Loan,
3-Month LIBOR + 5.00%, 9.73%^(A), 07/02/2026		409,208		381,330
CPC Acquisition Corp.
2nd Lien Term Loan,
3-Month LIBOR + 7.75%, 12.48%^(A), 12/29/2028		66,316		39,955
Term Loan,
3-Month LIBOR + 3.75%, 8.48%^(A), 12/29/2027		185,732		151,372
DCert Buyer, Inc.
2nd Lien Term Loan,
6-Month LIBOR + 7.00%, 11.70%^(A), 02/19/2029		101,488		92,659
Term Loan B,
3-Month Term SOFR + 4.00%, 8.70%^(A), 10/16/2026		399,938		394,796
Epicor Software Corp.
2nd Lien Term Loan,
1-Month LIBOR + 7.75%, 12.32%^(A), 07/31/2028		59,907		59,660
Term Loan,
1-Month LIBOR + 3.25%, 7.82%^(A), 07/30/2027		290,460		285,135
Greeneden US Holdings II LLC
Term Loan B4,
1-Month LIBOR + 4.00%, 8.57%^(A), 12/01/2027		596,621		585,285
Helios Software Holdings, Inc.
Term Loan B,
3-Month Term SOFR + 3.75%, 8.48%^(A), 03/11/2028		319,638		314,923
ION Trading Finance Ltd.
Term Loan,
3-Month LIBOR + 4.75%, 9.48%^(A), 04/03/2028		361,570		349,518
McAfee LLC
Term Loan B,
1-Month Term SOFR + 3.75%, 8.18%^(A), 03/01/2029		589,523		551,204
MedAssets Software Intermediate Holdings, Inc.
2nd Lien Term Loan,
1-Month LIBOR + 6.75%, 11.32%^(A), 12/17/2029		111,064		71,636
Term Loan,
1-Month LIBOR + 4.00%, 8.57%^(A), 12/18/2028		201,768		182,600


	Principal		Value

LOAN ASSIGNMENTS (continued)
Software (continued)
Mitnick Corporate Purchaser, Inc.
Term Loan,
1-Month Term SOFR + 4.75%, 9.53%^(A), 05/02/2029		$ 102,756		$ 99,245
NCR Corp.
Term Loan,
3-Month LIBOR + 2.50%, 7.33%^(A), 08/28/2026		170,778		169,817
Project Boost Purchaser LLC
Term Loan B,
1-Month LIBOR + 3.50%, 8.07%^(A), 06/01/2026		318,714		311,587
Proofpoint, Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.25%, 7.98%^(A), 08/31/2028 ^(F)		341,197		334,213
RealPage, Inc.
1st Lien Term Loan,
1-Month LIBOR + 3.00%, 7.57%^(A), 04/24/2028		337,043		328,280
Sophia LP
Term Loan B,
1-Month Term SOFR + 4.25%, 8.81%^(A), 10/07/2027		438,067		430,674
Ultimate Software Group, Inc.
2nd Lien Term Loan,
3-Month LIBOR + 5.25%, 10.03%^(A), 05/03/2027		63,678		60,772
Term Loan,
3-Month LIBOR + 3.25%, 8.03%^(A), 05/04/2026		78,137		76,835
Term Loan B,
3-Month LIBOR + 3.75%, 8.58%^(A), 05/04/2026		323,183		318,336
VS Buyer LLC
Term Loan B,
1-Month LIBOR + 3.00%, 9.50%^(A), 02/28/2027		207,845		206,286

				7,145,819

Specialty Retail - 0.1%
Belron Finance US LLC
Term Loan B,
3-Month LIBOR + 2.50%, 7.06%^(A), 04/13/2028		61,146		61,019
Term Loan B3,
3-Month LIBOR + 2.25%, 7.06%^(A), 10/30/2026		149,419		149,232
Petco Health & Wellness Co., Inc.
Term Loan B,
3-Month Term SOFR + 3.25%, 7.98%^(A), 03/03/2028		298,481		295,123
Storable, Inc.
Term Loan B,
1-Month Term SOFR + 3.50%, 3-Month Term SOFR + 3.50%, 8.06% - 8.29%^(A), 04/17/2028		153,745		149,786

				655,160


	Principal		Value

LOAN ASSIGNMENTS (continued)
Textiles, Apparel & Luxury Goods - 0.1%
Birkenstock GmbH & Co. KG
Term Loan B,
3-Month LIBOR + 3.25%, 7.69%^(A), 04/28/2028		$ 336,457		$ 335,300
Varsity Brands, Inc.
Term Loan B,
1-Month LIBOR + 3.50%, 8.07%^(A), 12/15/2024		433,100		428,769

				764,069

Transportation Infrastructure - 0.0%^(G)
KKR Apple Bidco LLC
2nd Lien Term Loan,
1-Month LIBOR + 5.75%, 10.32%^(A), 09/21/2029		32,722		32,068
Term Loan,
1-Month LIBOR + 2.75%, 7.32%^(A), 09/23/2028		195,105		194,251

				226,319

Wireless Telecommunication Services - 0.2%
Altice France SA
Term Loan B12,
3-Month LIBOR + 3.69%, 8.52%^(A), 01/31/2026		752,675		722,568
CCI Buyer, Inc.
Term Loan,
3-Month Term SOFR + 4.00%, 8.58%^(A), 12/17/2027		434,799		425,197
Eagle Broadband Investments LLC
Term Loan,
3-Month LIBOR + 3.00%, 7.75%^(A), 11/12/2027		233,863		231,115

				1,378,880

Total Loan Assignments (Cost $55,734,529)				54,218,654


U.S. GOVERNMENT OBLIGATIONS - 29.6%
U.S. Treasury - 28.0%
U.S. Treasury Bonds
2.38%, 02/15/2042		9,700,000		7,813,805
3.25%, 05/15/2042		14,000,000		12,936,875
3.38%, 08/15/2042		19,500,000		18,363,516
U.S. Treasury Notes
0.25%, 05/15/2024 - 06/15/2024		51,000,000		48,152,422
1.38%, 10/31/2028^(E)		822,000		726,089
1.38%, 11/15/2031		3,191,000		2,683,058
1.88%, 02/15/2032		44,000		38,503
2.00%, 04/30/2024 - 05/31/2024		50,000,000		48,346,680
2.25%, 04/30/2024		25,000,000		24,269,531
2.50%, 04/30/2024 - 05/15/2024		40,000,000		38,935,156
3.88%, 12/31/2029		1,100,000		1,118,734
4.00%, 10/31/2029		260,000		265,982

				203,650,351

U.S. Treasury Inflation-Protected Securities - 1.6%
U.S. Treasury Inflation-Protected Indexed Notes
0.63%, 04/15/2023		11,985,900		11,938,378

Total U.S. Government Obligations (Cost $220,450,769)				215,588,729


	Shares		Value
COMMON STOCKS - 0.4%
Energy Equipment & Services - 0.4%
Hi-Crush, Inc.^{(K) (L) (N)}		78		$ 3,019,536

Machinery - 0.0%
Ameriforge Group, Inc.^{(K) (L) (M) (N) (O)}		2,679		0

Total Common Stocks (Cost $560,060)				3,019,536


PREFERRED STOCK - 0.3%
Banks - 0.3%
Customers Bancorp, Inc.,
5.38%		79,110		1,772,064

Total Preferred Stock (Cost $1,977,750)				1,772,064


	Principal		Value
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 13.8%
U.S. Treasury Bills
3.90%^(P), 03/23/2023		$ 25,000,000		24,844,887
3.98%^(P), 03/30/2023		25,000,000		24,821,800
4.37%^(P), 03/02/2023		25,000,000		24,911,188
4.48%^(P), 03/28/2023		25,000,000		24,828,030
4.59%^(P), 05/04/2023		280,000		276,746
4.61%^(P), 05/04/2023		100,000		98,838
4.74%^(P), 05/23/2023		600,000		591,497

Total Short-Term U.S. Government Obligations (Cost $100,431,652)				100,372,986


	Shares		Value
SHORT-TERM INVESTMENT COMPANY - 13.1%
Money Market Fund - 13.1%
State Street Institutional U.S. Government Money Market Fund, 4.18%^(P)		95,492,872		95,492,872

Total Short-Term Investment Company (Cost $95,492,872)				95,492,872


OTHER INVESTMENT COMPANY - 0.6%
Securities Lending Collateral - 0.6%
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 4.30% ^(P)		4,403,500		4,403,500

Total Other Investment Company (Cost $4,403,500)				4,403,500

Total Investments (Cost $728,732,338)				714,891,601
Net Other Assets (Liabilities) - 1.9%				13,896,169

Net Assets - 100.0%				$ 728,787,770

Transamerica Unconstrained Bond (the “Fund”) is a series of the Transamerica Funds.

Effective September 8, 2022, TAM has been designated as the Fund’s valuation designee pursuant to Rule 2a-5 under the 1940 Act with responsibility for fair valuation subject to oversight by the Fund’s Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.

TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels (“Levels”) of inputs of the fair value hierarchy are defined as follows:

Level 1 — Unadjusted quoted prices in active markets for identical securities.

Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM’s own assumptions used in determining the fair value of the Fund’s investments and derivative instruments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value (“NAV”) per share, or its equivalent, using the “practical expedient” have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund’s investments at January 31, 2023, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

Fair value measurements: Descriptions of the valuation techniques applied to the Fund’s significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

Asset-backed securities: The fair value of asset-backed securities is estimated based on models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield, and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

Corporate debt securities: The fair value of corporate debt securities is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate debt securities are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.

Foreign government obligations: Foreign government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. Foreign government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

Loan assignments: Loan assignments are normally valued using an income approach, which projects future cash flows and converts those future cash flows to a present value using a discount rate. The resulting present value reflects the likely fair value of the loan. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise are categorized in Level 3.

U.S. government obligations: U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

Equity securities: Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.

Short-term notes: The Fund normally values short-term government and U.S. government agency securities using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers and reference data. Certain securities are valued by principally using dealer quotations. Short-term government and U.S. government agency securities generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

Investment companies: Certain investment companies are valued at the NAV as the practical expedient. These investment companies are not included within the fair value hierarchy. Certain other investment companies are valued at the actively traded NAV and no valuation adjustments are applied. These investment companies are categorized in Level 1 of the fair value hierarchy.

Securities lending collateral: Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.

Restricted securities: Restricted securities for which quotations are not readily available are valued at fair value. Restricted securities issued by publicly traded companies are generally valued at a discount to similar publicly traded securities. Restricted securities issued by nonpublic entities may be valued by reference to comparable public entities and/or fundamental data relating to the issuer. Depending on the relative significance of observable valuation inputs, these instruments may be classified in either Level 2 or Level 3 of the fair value hierarchy.

Derivative instruments: Centrally cleared or listed derivatives that are actively traded are valued based on quoted prices from the exchange and are categorized in Level 1 of the fair value hierarchy. Over-the-counter (“OTC”) derivative contracts include forward, swap, swaption, and option contracts related to interest rates, foreign currencies, credit standing of reference entities, equity prices, or commodity prices. Depending on the product and the terms of the transaction, the fair value of the OTC derivative products are modeled taking into account the counterparties’ creditworthiness and using a series of techniques, including simulation models. Many pricing models do not entail material subjectivity because the methodologies employed do not necessitate significant judgments and the pricing inputs are observed from actively quoted markets, as is the case of interest rate swap and option contracts. The majority of OTC derivative products valued by the Fund using pricing models fall into this category and are categorized within Level 2 of the fair value hierarchy or Level 3 if inputs are unobservable.


Description	Number of Contracts		Expiration Date		Notional Amount			Value			Unrealized Appreciation			Unrealized Depreciation
German Euro BOBL		654		03/08/2023		$	85,143,493		$	83,399,867		$	—		$	(1,743,626	)


Investments	Description	Acquisition Date		Acquisition Cost		Value		Value as Percentage of Net Assets
Loan Assignments	Rentpath, Inc. 2nd Lien Term Loan, TBD, 05/03/2028		04/06/2021	$	103,474	$	0		0.0	%
Common Stocks	Hi-Crush, Inc.		10/08/2020 - 11/02/2021		473,091		3,019,536		0.4
Common Stocks	Ameriforge Group, Inc.		04/20/2016 - 05/13/2016		91,268		0		0.0

Total				$	667,833	$	3,019,536		0.4	%


(L)		Fair valued as determined in good faith in accordance with procedures established by the Board. At January 31, 2023, the total value of securities is $3,019,536, representing 0.4% of the Fund’s net assets.
(M)		Non-income producing securities.
(N)		Securities are Level 3 of the fair value hierarchy.
(O)		Securities deemed worthless.
(P)		Rates disclosed reflect the yields at January 31, 2023.
(Q)		There were no transfers in or out of Level 3 during the period ended January 31, 2023. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.
(R)		Level 3 securities were not considered significant to the Fund.
(S)		Derivative instruments are valued at unrealized appreciation (depreciation).


BOBL		Bundesobligationen (German Federal Government Securities)
LIBOR		London Interbank Offered Rate
Prime Rate		Interest rate charged by banks to their most credit worthy customers
SOFR		Secured Overnight Financing Rate
TBD		To Be Determined


	Level 1 - Unadjusted Quoted Prices			Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs^(R)		Value
ASSETS
Investments
Asset-Backed Securities	$	—		$	90,613,083	$	—	$	90,613,083
Corporate Debt Securities		—			146,281,448		—		146,281,448
Foreign Government Obligations		—			3,128,729		—		3,128,729
Loan Assignments		—			54,218,654		0		54,218,654
U.S. Government Obligations		—			215,588,729		—		215,588,729
Common Stocks		—			—		3,019,536		3,019,536
Preferred Stock		1,772,064			—		—		1,772,064
Short-Term U.S. Government Obligations		—			100,372,986		—		100,372,986
Short-Term Investment Company		95,492,872			—		—		95,492,872
Other Investment Company		4,403,500			—		—		4,403,500

Total Investments	$	101,668,436		$	610,203,629	$	3,019,536	$	714,891,601

LIABILITIES
Other Financial Instruments
Futures Contracts ^(S)	$	(1,743,626	)	$	—	$	—	$	(1,743,626	)

Total Other Financial Instruments	$	(1,743,626	)	$	—	$	—	$	(1,743,626	)


(A)		Floating or variable rate securities. The rates disclosed are as of January 31, 2023. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description.
(B)		Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2023, the total value of 144A securities is $134,472,938, representing 18.5% of the Fund’s net assets.
(C)		Perpetual maturity. The date displayed is the next call date.
(D)		Securities are exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. Securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At January 31, 2023, the total value of Regulation S securities is $21,972,166, representing 3.0% of the Fund’s net assets.
(E)		All or a portion of the securities are on loan. The total value of all securities on loan is $4,563,128, collateralized by cash collateral of $4,403,500 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $254,163. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.
(F)		When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after January 31, 2023. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.
(G)		Percentage rounds to less than 0.1% or (0.1)%.
(H)		All or a portion of the security represents unsettled loan commitments at January 31, 2023 where the rate will be determined at time of settlement.
(I)		Payment in-kind. Security pays interest or dividends in the form of additional bonds or preferred stock. If the security makes a cash payment in addition to in-kind, the cash rate is disclosed separately.
(J)		Security in default; no interest payments received and/or dividends declared during the last 12 months. At January 31, 2023, the value of this security is $0, representing less than 0.1% of the Fund’s net assets.


(K)		Restricted securities. At January 31, 2023, the value of such securities held by the Fund are as follows:


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