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

Loomis Sayles Global Allocation Fund

Shares		Description	Value (†)
	Common Stocks – 67.7% of Net Assets
		France – 4.2%
	336,195	Dassault Systemes SE	$	14,897,120
	70,295	LVMH Moet Hennessy Louis Vuitton SE		66,282,015
	320,176	Vinci SA		37,202,985
				118,382,120
		Japan – 1.8%
	1,832,161	Nomura Research Institute Ltd.		50,617,911
		Netherlands – 2.9%
	114,958	ASML Holding NV		83,382,343
		Sweden – 2.5%
	4,863,947	Atlas Copco AB, Class A		70,220,199
		Taiwan – 1.8%
	2,715,000	Taiwan Semiconductor Manufacturing Co. Ltd.		50,155,055
		United Kingdom – 0.9%
	890,168	Halma PLC		25,766,203
		United States – 53.6%
	236,612	Accenture PLC, Class A		73,013,731
	78,071	Adobe, Inc.(a)		38,175,938
	576,307	Airbnb, Inc., Class A(a)		73,859,505
	687,256	Alphabet, Inc., Class A(a)		82,264,543
	746,154	Amazon.com, Inc.(a)		97,268,635
	64,250	BlackRock, Inc.		44,405,745
	101,370	Costco Wholesale Corp.		54,575,581
	264,879	Cummins, Inc.		64,937,736
	243,476	Danaher Corp.		58,434,240
	200,328	Diamondback Energy, Inc.		26,315,086
	76,862	Estee Lauder Cos., Inc., Class A		15,094,159
	118,440	Goldman Sachs Group, Inc.		38,201,638
	209,924	Home Depot, Inc.		65,210,791
	236,236	IQVIA Holdings, Inc.(a)		53,098,766
	310,831	JPMorgan Chase & Co.		45,207,261
	205,250	Linde PLC		78,216,670
	195,162	Mastercard, Inc., Class A		76,757,214
	36,597	Mettler-Toledo International, Inc.(a)		48,002,089
	270,680	NIKE, Inc., Class B		29,874,952
	150,280	NVIDIA Corp.		63,571,445
	114,317	Parker-Hannifin Corp.		44,588,203
	113,665	Roper Technologies, Inc.		54,650,132
	211,521	S&P Global, Inc.		84,796,654
	304,542	Salesforce, Inc.(a)		64,337,543
	83,961	Schneider Electric SE		15,253,751
	174,554	Texas Instruments, Inc.		31,423,211
	53,645	Trane Technologies PLC		10,260,143

Shares			Description	Value (†)
	Common Stocks – continued
			United States – continued
	129,144		UnitedHealth Group, Inc.	$	62,071,772
	865,409		Zions Bancorp N.A.		23,244,886
					1,517,112,020
			Total Common Stocks (Identified Cost $1,615,024,508)		1,915,635,851
Principal Amount (‡)
	Bonds and Notes – 28.6%
	Non-Convertible Bonds – 26.4%
			Australia – 0.9%
	$  2,990,000		AngloGold Ashanti Holdings PLC, 3.375%, 11/01/2028		2,617,918
	10,700,000		Australia Government Bonds, Series 164, 0.500%, 9/21/2026, (AUD)		6,376,528
	670,000		GAIF Bond Issuer Pty. Ltd., 3.400%, 9/30/2026, 144A		620,038
	3,560,000		Glencore Funding LLC, 1.625%, 9/01/2025, 144A		3,268,970
	5,000,000		Macquarie Group Ltd., (fixed rate to 1/14/2032, variable rate thereafter), 2.871%, 1/14/2033, 144A		3,993,267
	4,000,000		Macquarie Group Ltd., (fixed rate to 9/23/2026, variable rate thereafter), 1.629%, 9/23/2027, 144A		3,477,524
	11,610,000		New South Wales Treasury Corp., 2.000%, 3/08/2033, (AUD)		6,106,520
	95,000		Sydney Airport Finance Co. Pty. Ltd., 3.375%, 4/30/2025, 144A		90,947
					26,551,712
			Belgium – 0.1%
	2,745,000		Anheuser-Busch InBev SA, EMTN, 2.000%, 1/23/2035, (EUR)		2,528,550
			Brazil – 0.8%
	1,035,000		Braskem Netherlands Finance BV, 4.500%, 1/10/2028		950,779
	1,785,000		Braskem Netherlands Finance BV, 4.500%, 1/31/2030		1,533,433
	2,685,000		Brazil Government International Bonds, 4.500%, 5/30/2029		2,534,212
	53,329	(††)	Brazil Notas do Tesouro Nacional, Series NTNF, 10.000%, 1/01/2031, (BRL)		10,824,784
	650,000		Centrais Eletricas Brasileiras SA, 4.625%, 2/04/2030, 144A		562,250
	1,100,000		Embraer Netherlands Finance BV, 5.050%, 6/15/2025		1,083,500
	575,000		Raizen Fuels Finance SA, 5.300%, 1/20/2027, 144A		561,685
	2,515,000		Suzano Austria GmbH, 2.500%, 9/15/2028		2,141,930
	1,185,000		Suzano Austria GmbH, 3.125%, 1/15/2032		948,454

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Brazil – continued
	$      550,000	Suzano Austria GmbH, 3.750%, 1/15/2031	$	469,384
				21,610,411
		Canada – 1.2%
	1,235,000	1011778 BC ULC/New Red Finance, Inc., 4.000%, 10/15/2030, 144A		1,056,953
	327,912	Air Canada Pass-Through Trust, Series 2015-2, Class A, 4.125%, 6/15/2029, 144A		291,042
	688,792	Air Canada Pass-Through Trust, Series 2017-1, Class AA, 3.300%, 7/15/2031, 144A		609,099
	505,000	Antares Holdings LP, 3.750%, 7/15/2027, 144A		422,499
	1,210,000	Antares Holdings LP, 3.950%, 7/15/2026, 144A		1,061,001
	2,835,000	Bell Telephone Co. of Canada/Bell Canada, MTN, 3.600%, 9/29/2027, (CAD)		2,019,436
	1,735,000	Brookfield Finance I U.K. PLC/Brookfield Finance, Inc., 2.340%, 1/30/2032		1,350,918
	1,015,000	Brookfield Finance, Inc., 3.900%, 1/25/2028		939,743
	2,715,000	Brookfield Renewable Partners ULC, MTN, 4.250%, 1/15/2029, (CAD)		1,959,227
	2,465,000	Canadian Pacific Railway Co., 1.750%, 12/02/2026		2,215,707
	800,000	CPPIB Capital, Inc., 0.375%, 6/20/2024, 144A, (EUR)		843,969
	4,695,000	Enbridge Gas, Inc., MTN, 2.900%, 4/01/2030, (CAD)		3,197,172
	4,770,000	Enbridge, Inc., MTN, 2.990%, 10/03/2029, (CAD)		3,199,708
	2,965,000	Federation des Caisses Desjardins du Quebec, (fixed rate to 5/26/2025, variable rate thereafter), 2.856%, 5/26/2030, (CAD)		2,111,724
	149,097	Institutional Mortgage Securities Canada, Inc., Series 2014-5A, Class A2, 2.616%, 7/12/2047, 144A, (CAD)		110,424
	4,670,000	Ontario Power Generation, Inc., MTN, 2.977%, 9/13/2029, (CAD)		3,204,506
	705,000	Open Text Corp., 6.900%, 12/01/2027, 144A		717,711
	2,960,000	Rogers Communications, Inc., 3.300%, 12/10/2029, (CAD)		1,984,937
	2,735,000	Toronto-Dominion Bank, 1.950%, 1/12/2027		2,458,507
	1,675,000	Toronto-Dominion Bank, MTN, 1.150%, 6/12/2025		1,543,621
	1,580,000	Videotron Ltd., 5.125%, 4/15/2027, 144A		1,514,825
				32,812,729

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Chile – 0.5%
	$       575,000	Antofagasta PLC, 2.375%, 10/14/2030	$	468,669
	975,000	Antofagasta PLC, 5.625%, 5/13/2032		969,053
	2,525,000	Banco Santander Chile, 3.177%, 10/26/2031, 144A		2,192,079
	950,000	Celulosa Arauco y Constitucion SA, 4.500%, 8/01/2024		933,717
	1,005,000	Chile Government International Bonds, 2.550%, 1/27/2032		858,028
	2,580,000	Colbun SA, 3.150%, 3/06/2030		2,245,044
	1,960,000	Corp. Nacional del Cobre de Chile, 3.000%, 9/30/2029, 144A		1,721,360
	595,000	Empresa Nacional de Telecomunicaciones SA, 3.050%, 9/14/2032, 144A		471,240
	1,980,000	Empresa Nacional del Petroleo, 3.450%, 9/16/2031, 144A		1,656,844
	525,000	Enel Chile SA, 4.875%, 6/12/2028		504,752
	2,690,000	Engie Energia Chile SA, 3.400%, 1/28/2030		2,241,237
	1,120,000	Transelec SA, 4.250%, 1/14/2025, 144A		1,091,282
				15,353,305
		China – 0.2%
	920,000	Alibaba Group Holding Ltd., 3.400%, 12/06/2027		855,115
	795,000	Baidu, Inc., 3.875%, 9/29/2023		790,874
	1,450,000	BOC Aviation Ltd., 3.250%, 4/29/2025, 144A		1,378,559
	860,000	BOC Aviation USA Corp., 1.625%, 4/29/2024, 144A		829,753
	625,000	Tencent Holdings Ltd., 2.880%, 4/22/2031, 144A		531,566
	1,175,000	Tencent Holdings Ltd., 3.280%, 4/11/2024, 144A		1,152,528
	1,270,000	Weibo Corp., 3.500%, 7/05/2024		1,233,348
				6,771,743
		Colombia – 0.5%
	1,395,000	Colombia Government International Bonds, 3.125%, 4/15/2031		1,050,435
	575,000	Colombia Government International Bonds, 3.875%, 4/25/2027		520,616
	1,280,000	Colombia Government International Bonds, 7.500%, 2/02/2034		1,251,102
	7,073,300,000	Colombian TES, Series B, 6.250%, 11/26/2025, (COP)		1,568,834

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Colombia – continued
	29,559,900,000	Colombian TES, Series B, 7.500%, 8/26/2026, (COP)	$	6,650,354
	2,536,000	Ecopetrol SA, 5.875%, 5/28/2045		1,737,502
	1,300,000	Empresas Publicas de Medellin ESP, 4.250%, 7/18/2029, 144A		1,023,360
				13,802,203
		Czechia – 0.1%
	1,525,000	CEZ AS, EMTN, 0.875%, 12/02/2026, (EUR)		1,477,537
	1,120,000	CEZ AS, EMTN, 3.000%, 6/05/2028, (EUR)		1,142,118
				2,619,655
		Denmark – 0.1%
	2,055,000	Orsted AS, EMTN, 2.125%, 5/17/2027, (GBP)		2,256,063
		Dominican Republic – 0.2%
	2,160,000	Dominican Republic International Bonds, 4.500%, 1/30/2030, 144A		1,890,323
	1,155,000	Dominican Republic International Bonds, 4.875%, 9/23/2032, 144A		981,627
	590,000	Dominican Republic International Bonds, 5.950%, 1/25/2027, 144A		578,277
	995,000	Dominican Republic International Bonds, 6.000%, 7/19/2028, 144A		968,135
	425,000	Dominican Republic International Bonds, 8.625%, 4/20/2027, 144A		442,531
				4,860,893
		Ecuador – 0.1%
	4,275,000	Ecuador Government International Bonds, (Step to 6.000% on 7/31/2023), 5.500%, 7/31/2030(b)		2,055,543
		France – 0.1%
	205,000	BNP Paribas SA, 4.375%, 5/12/2026, 144A		196,728
	890,000	BNP Paribas SA, (fixed rate to 6/09/2025, variable rate thereafter), 2.219%, 6/09/2026, 144A		823,083
	1,410,000	Electricite de France SA, 4.875%, 9/21/2038, 144A		1,184,479
	1,400,000	Engie SA, 1.250%, 10/24/2041, (EUR)		960,068
	1,015,000	Societe Generale SA, 4.750%, 11/24/2025, 144A		966,775
				4,131,133
		Germany – 0.4%
	1,635,000	Deutsche Bank AG, (fixed rate to 1/07/2027, variable rate thereafter), 2.552%, 1/07/2028		1,417,719

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Germany – continued
	$       870,000	Deutsche Bank AG, (fixed rate to 10/07/2031, variable rate thereafter), 3.742%, 1/07/2033	$	638,032
	2,255,000	Deutsche Bank AG, (fixed rate to 10/14/2030, variable rate thereafter), 3.729%, 1/14/2032		1,705,223
	3,220,000	Fraport AG Frankfurt Airport Services Worldwide, 1.875%, 3/31/2028, (EUR)		3,099,123
	3,790,000	Kreditanstalt fuer Wiederaufbau, EMTN, 1.250%, 8/28/2023, (NOK)		351,377
	1,450,000	Siemens Financieringsmaatschappij NV, 2.350%, 10/15/2026, 144A		1,334,298
	2,100,000	Vonovia SE, EMTN, 0.750%, 9/01/2032, (EUR)		1,569,577
	250,000	ZF North America Capital, Inc., 6.875%, 4/14/2028, 144A		253,595
	265,000	ZF North America Capital, Inc., 7.125%, 4/14/2030, 144A		269,855
				10,638,799
		Guatemala – 0.0%
	1,050,000	CT Trust, 5.125%, 2/03/2032, 144A		845,344
		India – 0.5%
	2,480,000	Adani Ports & Special Economic Zone Ltd., 4.200%, 8/04/2027		2,117,044
	2,940,000	Bharti Airtel Ltd., 3.250%, 6/03/2031		2,538,967
	2,790,000	Export-Import Bank of India, 2.250%, 1/13/2031, 144A		2,243,898
	1,250,000	Power Finance Corp. Ltd., 3.950%, 4/23/2030, 144A		1,121,200
	2,400,000	Shriram Finance Ltd., 4.150%, 7/18/2025, 144A		2,267,832
	2,420,000	Shriram Finance Ltd., 4.400%, 3/13/2024		2,362,617
				12,651,558
		Indonesia – 0.3%
	1,475,000	Indonesia Government International Bonds, 2.850%, 2/14/2030		1,312,676
	300,000	Indonesia Government International Bonds, 4.125%, 1/15/2025, 144A		295,065
	50,092,000,000	Indonesia Treasury Bonds, Series FR75, 7.500%, 5/15/2038, (IDR)		3,620,755
	43,840,000,000	Indonesia Treasury Bonds, Series FR82, 7.000%, 9/15/2030, (IDR)		3,039,898
				8,268,394
		Ireland – 0.3%
	3,245,000	AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 3.300%, 1/30/2032		2,654,730

Principal Amount (‡)			Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
			Ireland – continued
	$     1,250,000		Bank of Ireland Group PLC, 4.500%, 11/25/2023, 144A	$	1,237,602
	3,710,000		Ireland Government Bonds, Zero Coupon, 0.029%, 10/18/2031, (EUR)(c)		3,217,631
					7,109,963
			Israel – 1.0%
	2,750,000		Teva Pharmaceutical Finance Co. LLC, 6.150%, 2/01/2036		2,443,840
	4,570,000		Teva Pharmaceutical Finance Netherlands III BV, 3.150%, 10/01/2026		4,094,929
	17,791,000		Teva Pharmaceutical Finance Netherlands III BV, 4.100%, 10/01/2046		11,694,526
	2,700,000		Teva Pharmaceutical Finance Netherlands III BV, 4.750%, 5/09/2027		2,497,696
	510,000		Teva Pharmaceutical Finance Netherlands III BV, 5.125%, 5/09/2029		462,621
	4,415,000		Teva Pharmaceutical Finance Netherlands III BV, 7.875%, 9/15/2029		4,549,799
	3,170,000		Teva Pharmaceutical Finance Netherlands III BV, 8.125%, 9/15/2031		3,322,417
					29,065,828
			Italy – 0.6%
	200,000		Intesa Sanpaolo SpA, 5.710%, 1/15/2026, 144A		190,406
	485,000		Intesa Sanpaolo SpA, 6.625%, 6/20/2033, 144A		483,220
	575,000		Intesa Sanpaolo SpA, EMTN, 0.625%, 2/24/2026, (EUR)		566,985
	3,305,000		Italy Buoni Poliennali Del Tesoro, Series 10Y, 2.000%, 2/01/2028, (EUR)		3,350,362
	6,965,000		Italy Buoni Poliennali Del Tesoro, Series 11Y, 1.350%, 4/01/2030, (EUR)		6,503,759
	2,370,000		Italy Buoni Poliennali Del Tesoro, Series 7Y, 2.500%, 11/15/2025, (EUR)		2,514,250
	830,000		UniCredit SpA, (fixed rate to 4/02/2029, variable rate thereafter), 7.296%, 4/02/2034, 144A		782,046
	1,460,000		UniCredit SpA, (fixed rate to 6/19/2027, variable rate thereafter), 5.861%, 6/19/2032, 144A		1,325,125
	200,000		UniCredit SpA, (fixed rate to 6/30/2030, variable rate thereafter), 5.459%, 6/30/2035, 144A		169,730
					15,885,883
			Japan – 0.6%
	1,040,132,800	(†††)	Japanese Government CPI-Linked Bond, Series 23, 0.100%, 3/10/2028, (JPY)		7,607,037
	2,375,000		Mitsubishi UFJ Financial Group, Inc., (fixed rate to 1/19/2027, variable rate thereafter), 2.341%, 1/19/2028		2,124,193
	2,020,000		Mizuho Financial Group, Inc., 2.564%, 9/13/2031		1,589,140

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Japan – continued
	$     2,000,000	Nomura Holdings, Inc., 1.851%, 7/16/2025	$	1,829,201
	2,385,000	Nomura Holdings, Inc., 2.710%, 1/22/2029		2,010,178
	1,200,000	Sumitomo Mitsui Financial Group, Inc., 5.766%, 1/13/2033		1,234,716
				16,394,465
		Korea – 0.8%
	1,060,000	Kia Corp., 2.750%, 2/14/2027, 144A		968,215
	1,515,000	Korea East-West Power Co. Ltd., 1.750%, 5/06/2025, 144A		1,411,709
	2,400,000	Korea National Oil Corp., 2.125%, 4/18/2027, 144A		2,160,292
	4,500,000,000	Korea Treasury Bonds, Series 2312, 0.875%, 12/10/2023, (KRW)		3,376,992
	4,500,000,000	Korea Treasury Bonds, Series 2509, 1.125%, 9/10/2025, (KRW)		3,233,136
	13,130,550,000	Korea Treasury Bonds, Series 3012, 1.500%, 12/10/2030, (KRW)		8,538,799
	770,000	Shinhan Bank Co. Ltd., 3.875%, 3/24/2026, 144A		723,409
	2,765,000	SK Hynix, Inc., 2.375%, 1/19/2031, 144A		2,132,952
	200,000	SK Hynix, Inc., 6.375%, 1/17/2028, 144A		200,837
	140,000	SK Telecom Co. Ltd., 6.625%, 7/20/2027, 144A		147,780
				22,894,121
		Luxembourg – 0.1%
	920,000	ArcelorMittal SA, 6.750%, 3/01/2041		936,278
	1,905,000	Blackstone Property Partners Europe Holdings Sarl, EMTN, 1.625%, 4/20/2030, (EUR)		1,456,941
	280,000	Logicor Financing Sarl, EMTN, 0.875%, 1/14/2031, (EUR)		203,878
	1,490,000	Logicor Financing Sarl, EMTN, 1.625%, 1/17/2030, (EUR)		1,197,727
	100,000	Logicor Financing Sarl, EMTN, 2.000%, 1/17/2034, (EUR)		71,846
				3,866,670
		Mexico – 1.7%
	620,000	Alfa SAB de CV, 6.875%, 3/25/2044		622,574
	770,000	America Movil SAB de CV, 2.125%, 3/10/2028, (EUR)		773,931
	860,000	America Movil SAB de CV, 2.875%, 5/07/2030		747,404

Principal Amount (‡)			Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
			Mexico – continued
	$     730,000		Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand, 5.375%, 4/17/2025, 144A	$	722,200
	1,950,000		Cemex SAB de CV, 3.875%, 7/11/2031, 144A		1,641,714
	855,000		Cemex SAB de CV, 5.450%, 11/19/2029		824,433
	810,000		Cemex SAB de CV, (fixed rate to 6/08/2026, variable rate thereafter), 5.125%, 144A(d)		720,855
	1,775,000		Coca-Cola Femsa SAB de CV, 2.750%, 1/22/2030		1,560,391
	800,000		Gruma SAB de CV, 4.875%, 12/01/2024		791,880
	10,000,000		Grupo Televisa SAB, EMTN, 7.250%, 5/14/2043, (MXN)		378,600
	1,515,000		Kimberly-Clark de Mexico SAB de CV, 2.431%, 7/01/2031		1,285,250
	840,000		Kimberly-Clark de Mexico SAB de CV, 2.431%, 7/01/2031, 144A		712,614
	1,707,184	(††††)	Mexico Bonos, Series M, 5.750%, 3/05/2026, (MXN)		9,114,888
	724,558	(††††)	Mexico Bonos, Series M 20, 7.500%, 6/03/2027, (MXN)		4,025,134
	1,294,043	(††††)	Mexico Bonos, Series M 20, 8.500%, 5/31/2029, (MXN)		7,479,322
	637,836	(††††)	Mexico Bonos, Series M 30, 8.500%, 11/18/2038, (MXN)		3,629,371
	2,665,000		Mexico Government International Bonds, 3.250%, 4/16/2030		2,371,559
	1,880,000		Mexico Government International Bonds, 3.500%, 2/12/2034		1,574,631
	196,000		Mexico Government International Bonds, 4.000%, 3/15/2115, (EUR)		157,027
	810,000		Mexico Government International Bonds, 4.875%, 5/19/2033		772,789
	350,000		Mexico Government International Bonds, 6.338%, 5/04/2053		356,530
	1,850,000		Orbia Advance Corp. SAB de CV, 1.875%, 5/11/2026, 144A		1,654,548
	1,240,000		Orbia Advance Corp. SAB de CV, 4.000%, 10/04/2027		1,162,810
	3,505,000		Petroleos Mexicanos, 5.950%, 1/28/2031		2,560,580
	100,000		Sigma Alimentos SA de CV, 2.625%, 2/07/2024, 144A, (EUR)		107,572
	835,000		Sigma Alimentos SA de CV, 4.125%, 5/02/2026		796,385
	2,090,000		Sigma Finance Netherlands BV, 4.875%, 3/27/2028		2,006,776
	1,010,000		Unifin Financiera SAB de CV, 7.250%, 9/27/2023(e)		53,025

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Mexico – continued
	$     2,195,000	Unifin Financiera SAB de CV, 9.875%, 1/28/2029(e)	$	83,388
				48,688,181
		Netherlands – 0.1%
	870,000	Cooperatieve Rabobank U.A., 4.375%, 8/04/2025		839,933
	1,725,000	ING Groep NV, (fixed rate to 7/01/2025, variable rate thereafter), 1.400%, 7/01/2026, 144A		1,570,555
				2,410,488
		New Zealand – 0.5%
	5,000,000	Fonterra Co-operative Group Ltd., MTN, 5.500%, 2/26/2024, (AUD)		3,338,543
	3,575,000	New Zealand Government Bonds, Series 429, 3.000%, 4/20/2029, (NZD)		2,018,744
	10,700,000	New Zealand Government Bonds, Series 524, 0.500%, 5/15/2024, (NZD)		6,296,636
	6,310,000	New Zealand Government Bonds, Series 531, 1.500%, 5/15/2031, (NZD)		3,091,180
				14,745,103
		Norway – 0.6%
	3,660,000	DNB Bank ASA, (fixed rate to 5/25/2026, variable rate thereafter), 1.535%, 5/25/2027, 144A		3,222,042
	2,790,000	Equinor ASA, 3.625%, 4/06/2040		2,340,060
	16,500,000	Norway Government Bonds, Series 478, 1.500%, 2/19/2026, 144A, (NOK)		1,440,952
	41,750,000	Norway Government Bonds, Series 479, 1.750%, 2/17/2027, 144A, (NOK)		3,608,542
	36,610,000	Norway Government Bonds, Series 480, 2.000%, 4/26/2028, 144A, (NOK)		3,139,801
	46,500,000	Norway Government Bonds, Series 482, 1.375%, 8/19/2030, 144A, (NOK)		3,701,510
	455,000	Var Energi ASA, 8.000%, 11/15/2032, 144A		481,394
				17,934,301
		Paraguay – 0.1%
	1,420,000	Paraguay Government International Bonds, 4.950%, 4/28/2031, 144A		1,362,293
	800,000	Paraguay Government International Bonds, 5.000%, 4/15/2026, 144A		791,994
				2,154,287
		Peru – 0.1%
	3,220,000	Corp. Financiera de Desarrollo SA, 2.400%, 9/28/2027, 144A		2,810,191

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Peru – continued
	$     1,050,000	Transportadora de Gas del Peru SA, 4.250%, 4/30/2028, 144A	$	1,011,937
				3,822,128
		Philippines – 0.0%
	1,060,000	Philippines Government International Bonds, 2.457%, 5/05/2030		915,384
		Poland – 0.3%
	26,400,000	Republic of Poland Government Bonds, Series 1030, 1.250%, 10/25/2030, (PLN)		4,834,389
	12,970,000	Republic of Poland Government Bonds, Series 725, 3.250%, 7/25/2025, (PLN)		3,033,486
				7,867,875
		Portugal – 0.1%
	3,590,000	EDP Finance BV, 1.710%, 1/24/2028, 144A		3,074,117
		Qatar – 0.1%
	1,770,000	Ooredoo International Finance Ltd., 2.625%, 4/08/2031, 144A		1,523,468
	1,600,000	QatarEnergy, 2.250%, 7/12/2031, 144A		1,341,395
				2,864,863
		Romania – 0.0%
	1,100,000	Romania Government International Bonds, 2.000%, 4/14/2033, 144A, (EUR)		845,746
		Singapore – 0.4%
	10,055,000	Singapore Government Bonds, 2.125%, 6/01/2026, (SGD)		7,174,708
	4,510,000	Singapore Government Bonds, 2.750%, 7/01/2023, (SGD)		3,334,812
				10,509,520
		South Africa – 0.6%
	1,400,000	Anglo American Capital PLC, 2.625%, 9/10/2030, 144A		1,154,835
	1,400,000	Anglo American Capital PLC, 5.625%, 4/01/2030, 144A		1,393,597
	1,420,000	MTN Mauritius Investments Ltd., 4.755%, 11/11/2024		1,380,240
	930,000	MTN Mauritius Investments Ltd., 4.755%, 11/11/2024, 144A		903,960
	116,835,000	Republic of South Africa Government Bonds, Series 2035, 8.875%, 2/28/2035, (ZAR)		5,077,826
	39,185,000	Republic of South Africa Government Bonds, Series R213, 7.000%, 2/28/2031, (ZAR)		1,665,356

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		South Africa – continued
	$     7,585,000	Republic of South Africa Government International Bonds, 5.750%, 9/30/2049	$	5,352,734
				16,928,548
		Spain – 0.3%
	2,000,000	Banco Santander SA, (fixed rate to 9/14/2026, variable rate thereafter), 1.722%, 9/14/2027		1,736,422
	1,000,000	CaixaBank SA, EMTN, (fixed rate to 11/23/2027, variable rate thereafter), 6.250%, 2/23/2033, (EUR)		1,095,814
	3,700,000	Cellnex Telecom SA, EMTN, 1.750%, 10/23/2030, (EUR)		3,253,314
	700,000	Naturgy Finance BV, EMTN, 1.500%, 1/29/2028, (EUR)		692,580
	2,525,000	Spain Government Bonds, 1.950%, 7/30/2030, 144A, (EUR)		2,531,993
				9,310,123
		Supranationals – 0.3%
	10,030,000	International Bank for Reconstruction & Development, 1.200%, 7/22/2026, (CAD)		6,869,310
	16,750,000	Nordic Investment Bank, EMTN, 1.500%, 3/13/2025, (NOK)		1,485,272
				8,354,582
		Sweden – 0.3%
	1,900,000	Heimstaden Bostad Treasury BV, EMTN, 1.375%, 7/24/2028, (EUR)		1,392,851
	29,665,000	Sweden Government Bonds, Series 1057, 1.500%, 11/13/2023, (SEK)		2,729,091
	2,560,000	Sweden Government Bonds, Series 1058, 2.500%, 5/12/2025, (SEK)		233,303
	38,000,000	Sweden Government Bonds, Series 1062, 0.125%, 5/12/2031, (SEK)		2,904,987
				7,260,232
		Switzerland – 0.3%
	930,000	Credit Suisse AG, 2.950%, 4/09/2025		873,942
	1,375,000	Novartis Capital Corp., 2.000%, 2/14/2027		1,260,042
	325,000	UBS Group AG, (fixed rate to 11/15/2032, variable rate thereafter), 9.016%, 11/15/2033, 144A		389,557
	2,185,000	UBS Group AG, (fixed rate to 5/14/2031, variable rate thereafter), 3.091%, 5/14/2032, 144A		1,767,503
	2,290,000	UBS Group AG, (fixed rate to 6/05/2025, variable rate thereafter), 2.193%, 6/05/2026, 144A		2,099,858
	250,000	UBS Group AG, (fixed rate to 7/15/2025, variable rate thereafter), 6.373%, 7/15/2026, 144A		248,421
	750,000	UBS Group AG, (fixed rate to 8/12/2032, variable rate thereafter), 6.537%, 8/12/2033, 144A		767,573

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Switzerland – continued
	$       340,000	Willow No. 2 Ireland PLC for Zurich Insurance Co. Ltd., EMTN, (fixed rate to 10/01/2025, variable rate thereafter), 4.250%, 10/01/2045	$	315,194
				7,722,090
		Taiwan – 0.2%
	1,925,000	TSMC Arizona Corp., 2.500%, 10/25/2031		1,613,788
	3,180,000	TSMC Arizona Corp., 4.125%, 4/22/2029		3,033,442
				4,647,230
		Tanzania – 0.0%
	985,000	HTA Group Ltd., 7.000%, 12/18/2025, 144A		930,234
		Trinidad And Tobago – 0.0%
	415,000	Trinidad Generation Unlimited, 5.250%, 11/04/2027, 144A		399,365
		Turkey – 0.3%
	1,010,000	Aydem Yenilenebilir Enerji AS, 7.750%, 2/02/2027, 144A		850,885
	1,120,000	TC Ziraat Bankasi AS, 5.375%, 3/02/2026, 144A		1,006,656
	1,685,000	Turk Telekomunikasyon AS, 6.875%, 2/28/2025		1,595,190
	1,415,000	Turkcell Iletisim Hizmetleri AS, 5.800%, 4/11/2028		1,252,275
	3,480,000	Turkey Government International Bonds, 5.250%, 3/13/2030		2,852,486
	680,000	Turkey Government International Bonds, 7.625%, 4/26/2029		641,131
				8,198,623
		United Arab Emirates – 0.1%
	1,610,000	Abu Dhabi Crude Oil Pipeline LLC, 3.650%, 11/02/2029		1,520,916
	1,295,000	Abu Dhabi Government International Bonds, 3.125%, 4/16/2030, 144A		1,199,144
				2,720,060
		United Kingdom – 0.4%
	200,000	Ashtead Capital, Inc., 5.500%, 8/11/2032, 144A		193,373
	95,000	Avon Products, Inc., 8.450%, 3/15/2043		102,600
	1,350,000	CK Hutchison International 19 Ltd., 3.625%, 4/11/2029, 144A		1,254,661
	1,420,000	Diageo Capital PLC, 2.125%, 4/29/2032		1,153,720

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		United Kingdom – continued
	$   1,395,000	Nationwide Building Society, (fixed rate to 7/18/2029, variable rate thereafter), 3.960%, 7/18/2030, 144A	$	1,237,659
	1,190,000	NatWest Markets PLC, 0.800%, 8/12/2024, 144A		1,120,554
	235,000	Network Rail Infrastructure Finance PLC, Series 6, EMTN, 4.750%, 1/22/2024, (GBP)		296,574
	955,000	Santander U.K. Group Holdings PLC, (fixed rate to 1/11/2027, variable rate thereafter), 2.469%, 1/11/2028		833,698
	1,455,000	Standard Chartered PLC, (fixed rate to 11/18/2030, variable rate thereafter), 3.265%, 2/18/2036, 144A		1,144,962
	2,200,000	Standard Chartered PLC, (fixed rate to 3/30/2025, variable rate thereafter), 3.971%, 3/30/2026, 144A		2,102,562
	250,000	Standard Chartered PLC, EMTN, 3.125%, 11/19/2024, (EUR)		268,190
	2,065,000	U.K. Gilts, 3.250%, 1/31/2033, (GBP)		2,391,161
				12,099,714
		United States – 10.1%
	165,000	AES Corp., 3.950%, 7/15/2030, 144A		147,925
	315,000	Aircastle Ltd., Series A (fixed rate to 6/15/2026, variable rate thereafter), 5.250%, 144A(d)		219,839
	1,915,000	Albemarle Corp., 5.050%, 6/01/2032		1,854,110
	1,145,000	Ally Financial, Inc., Series B, (fixed rate to 5/15/2026, variable rate thereafter), 4.700%(d)		807,225
	1,285,000	Ally Financial, Inc., Series C, (fixed rate to 5/15/2028, variable rate thereafter), 4.700%(d)		828,825
	1,247,709	American Airlines Pass-Through Trust, Series 2016-1, Class B, 5.250%, 7/15/2025		1,225,312
	899,309	American Airlines Pass-Through Trust, Series 2016-3, Class B, 3.750%, 4/15/2027		827,274
	260,989	American Airlines Pass-Through Trust, Series 2017-1B, Class B, 4.950%, 8/15/2026		249,243
	311,515	American Airlines Pass-Through Trust, Series 2017-2, Class B, 3.700%, 4/15/2027		292,672
	3,975,000	Apple, Inc., 2.513%, 8/19/2024, (CAD)		2,910,459
	260,000	Aptiv PLC, 1.600%, 9/15/2028, (EUR)		250,549
	2,330,000	Ares Capital Corp., 3.200%, 11/15/2031		1,786,094
	425,000	Ashland, Inc., 3.375%, 9/01/2031, 144A		339,464
	2,865,000	Bank of America Corp., (fixed rate to 9/15/2026, variable rate thereafter), 1.978%, 9/15/2027, (CAD)		1,938,317
	910,000	Bank of America Corp., (fixed rate to 9/21/2031, variable rate thereafter), 2.482%, 9/21/2036		696,179
	665,000	Barings BDC, Inc., 3.300%, 11/23/2026		579,308

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		United States – continued
	$7,800,000	Bausch Health Cos., Inc., 4.875%, 6/01/2028, 144A	$	4,642,560
	4,695,000	Bausch Health Cos., Inc., 5.000%, 1/30/2028, 144A		1,995,375
	370,000	Bausch Health Cos., Inc., 7.000%, 1/15/2028, 144A		159,981
	930,000	Beazer Homes USA, Inc., 7.250%, 10/15/2029		903,696
	500,000	Block, Inc., 3.500%, 6/01/2031		414,111
	875,000	BPR Trust, Series 2021-NRD, Class F, 1 mo. USD SOFR + 6.870%, 11.972%, 12/15/2038, 144A(f)		775,713
	690,000	Broadcom, Inc., 3.187%, 11/15/2036, 144A		521,470
	695,000	Carnival Corp., 5.750%, 3/01/2027, 144A		639,810
	10,570,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.250%, 2/01/2031, 144A		8,538,974
	6,265,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.250%, 1/15/2034, 144A		4,734,885
	1,575,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.750%, 2/01/2032, 144A		1,284,381
	370,000	Celanese U.S. Holdings LLC, 6.330%, 7/15/2029		367,454
	270,000	Celanese U.S. Holdings LLC, 6.379%, 7/15/2032		272,342
	2,510,000	Centene Corp., 2.500%, 3/01/2031		2,001,650
	1,480,000	Centene Corp., 3.000%, 10/15/2030		1,233,280
	165,000	Charles River Laboratories International, Inc., 3.750%, 3/15/2029, 144A		145,205
	175,000	Charles River Laboratories International, Inc., 4.000%, 3/15/2031, 144A		151,998
	1,075,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 3.950%, 6/30/2062		661,377
	895,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 4.400%, 4/01/2033		785,591
	4,945,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 4.400%, 12/01/2061		3,338,126
	4,025,000	CommScope Technologies LLC, 5.000%, 3/15/2027, 144A		2,801,666
	7,265,000	CommScope, Inc., 4.750%, 9/01/2029, 144A		5,727,731
	1,435,000	CommScope, Inc., 7.125%, 7/01/2028, 144A		1,018,850
	2,663,000	Continental Resources, Inc., 2.875%, 4/01/2032, 144A		2,045,994
	4,662,000	Continental Resources, Inc., 5.750%, 1/15/2031, 144A		4,431,965

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		United States – continued
	$9,025,000	CSC Holdings LLC, 3.375%, 2/15/2031, 144A	$	6,108,936
	2,400,000	CSC Holdings LLC, 4.125%, 12/01/2030, 144A		1,678,862
	2,395,000	CSC Holdings LLC, 4.500%, 11/15/2031, 144A		1,669,833
	20,100,000	CSC Holdings LLC, 4.625%, 12/01/2030, 144A		8,943,236
	2,060,000	CSC Holdings LLC, 5.000%, 11/15/2031, 144A		959,358
	595,000	CSC Holdings LLC, 5.375%, 2/01/2028, 144A		478,107
	495,000	CSC Holdings LLC, 5.750%, 1/15/2030, 144A		233,724
	1,115,000	CSC Holdings LLC, 6.500%, 2/01/2029, 144A		900,960
	940,000	DH Europe Finance II Sarl, 0.750%, 9/18/2031, (EUR)		811,146
	50,000	Dillard’s, Inc., 7.000%, 12/01/2028		50,111
	8,000	Dillard’s, Inc., 7.750%, 7/15/2026		8,145
	355,000	Directv Financing LLC/Directv Financing Co-Obligor, Inc., 5.875%, 8/15/2027, 144A		321,501
	3,550,000	DISH DBS Corp., 5.125%, 6/01/2029		1,648,429
	4,115,000	DISH DBS Corp., 5.250%, 12/01/2026, 144A		3,300,940
	795,000	DISH DBS Corp., 5.750%, 12/01/2028, 144A		591,308
	1,960,000	DISH DBS Corp., 7.750%, 7/01/2026		1,201,411
	80,000	EnLink Midstream LLC, 6.500%, 9/01/2030, 144A		79,911
	575,000	EnLink Midstream Partners LP, 5.450%, 6/01/2047		472,653
	280,000	EPR Properties, 3.600%, 11/15/2031		218,361
	1,555,000	EQT Corp., 3.625%, 5/15/2031, 144A		1,337,444
	805,000	EQT Corp., 5.000%, 1/15/2029		757,899
	115,000	Everi Holdings, Inc., 5.000%, 7/15/2029, 144A		100,712
	2,570,000	Expedia Group, Inc., 2.950%, 3/15/2031		2,165,626
	2,710,000	Freeport-McMoRan, Inc., 4.375%, 8/01/2028		2,556,804
	4,795,000	Freeport-McMoRan, Inc., 5.400%, 11/14/2034		4,630,434
	2,100,000	General Motors Co., 5.200%, 4/01/2045		1,791,348

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		United States – continued
	$405,000	General Motors Co., 6.250%, 10/02/2043	$	396,050
	570,000	General Motors Financial Co., Inc., 3.100%, 1/12/2032		461,017
	760,000	General Motors Financial Co., Inc., 6.400%, 1/09/2033		772,495
	460,000	GLP Capital LP/GLP Financing II, Inc., 3.250%, 1/15/2032		371,410
	325,000	Goodyear Tire & Rubber Co., 7.000%, 3/15/2028		325,504
	960,000	Hess Midstream Operations LP, 4.250%, 2/15/2030, 144A		837,600
	475,000	Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, 4.875%, 7/01/2031, 144A		398,495
	470,000	Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, 5.000%, 6/01/2029, 144A		417,102
	1,395,000	Hyundai Capital America, 6.375%, 4/08/2030, 144A		1,446,727
	7,770,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.375%, 2/01/2029		6,104,889
	195,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.750%, 9/15/2024		186,316
	3,555,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 5.250%, 5/15/2027		3,065,831
	130,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 6.375%, 12/15/2025		120,848
	1,210,000	iHeartCommunications, Inc., 4.750%, 1/15/2028, 144A		912,203
	2,730,000	iHeartCommunications, Inc., 5.250%, 8/15/2027, 144A		2,087,629
	1,310,000	Iron Mountain, Inc., 4.875%, 9/15/2029, 144A		1,172,629
	795,000	JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., 3.750%, 12/01/2031, 144A		651,931
	730,000	JELD-WEN, Inc., 4.875%, 12/15/2027, 144A		646,525
	1,135,000	John Deere Capital Corp., MTN, 0.450%, 6/07/2024		1,083,370
	1,140,000	Lithia Motors, Inc., 3.875%, 6/01/2029, 144A		993,544
	995,000	Marriott Ownership Resorts, Inc., 4.500%, 6/15/2029, 144A		858,750
	155,000	Matador Resources Co., 6.875%, 4/15/2028, 144A		153,418
	615,000	Medtronic Global Holdings SCA, 1.125%, 3/07/2027, (EUR)		611,173
	6,240,000	Micron Technology, Inc., 5.875%, 2/09/2033		6,208,818
	852,000	Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.500%, 6/20/2027, 144A		854,127

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		United States – continued
	$435,000	Molina Healthcare, Inc., 3.875%, 5/15/2032, 144A	$	364,682
	345,000	MSCI, Inc., 3.250%, 8/15/2033, 144A		277,849
	520,000	Nationstar Mortgage Holdings, Inc., 5.125%, 12/15/2030, 144A		421,824
	1,095,000	Nationstar Mortgage Holdings, Inc., 5.500%, 8/15/2028, 144A		959,160
	4,600,000	NCL Corp. Ltd., 5.875%, 3/15/2026, 144A		4,303,593
	615,000	NCL Corp. Ltd., 5.875%, 2/15/2027, 144A		597,983
	1,960,000	NCL Finance Ltd., 6.125%, 3/15/2028, 144A		1,764,037
	2,020,000	Netflix, Inc., 4.875%, 6/15/2030, 144A		1,987,869
	20,000	NGPL PipeCo LLC, 7.768%, 12/15/2037, 144A		21,321
	30,000	Occidental Petroleum Corp., 6.125%, 1/01/2031		30,462
	2,355,000	Occidental Petroleum Corp., 6.625%, 9/01/2030		2,447,081
	795,000	Occidental Petroleum Corp., 7.875%, 9/15/2031		886,268
	1,845,000	Occidental Petroleum Corp., 8.875%, 7/15/2030		2,120,606
	70,000	OneMain Finance Corp., 3.500%, 1/15/2027		60,056
	80,000	OneMain Finance Corp., 4.000%, 9/15/2030		61,600
	170,000	OneMain Finance Corp., 5.375%, 11/15/2029		144,525
	860,000	OneMain Finance Corp., 6.875%, 3/15/2025		851,513
	1,705,000	OneMain Finance Corp., 7.125%, 3/15/2026		1,675,149
	130,000	OneMain Finance Corp., 8.250%, 10/01/2023		130,488
	400,000	Ovintiv, Inc., 6.250%, 7/15/2033		394,532
	1,000,000	Ovintiv, Inc., 6.500%, 8/15/2034		1,002,153
	45,000	Ovintiv, Inc., 6.500%, 2/01/2038		44,118
	230,000	Ovintiv, Inc., 6.625%, 8/15/2037		227,020
	30,000	Ovintiv, Inc., 7.200%, 11/01/2031		31,480
	115,000	Ovintiv, Inc., 7.375%, 11/01/2031		123,326
	130,000	Ovintiv, Inc., 8.125%, 9/15/2030		142,670

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		United States – continued
	$4,840,000	Owl Rock Capital Corp., 4.250%, 1/15/2026	$	4,477,507
	1,550,000	Owl Rock Technology Finance Corp., 2.500%, 1/15/2027		1,283,064
	2,585,000	Owl Rock Technology Finance Corp., 4.750%, 12/15/2025, 144A		2,340,921
	1,265,000	Pilgrim’s Pride Corp., 3.500%, 3/01/2032		1,000,109
	315,000	Pilgrim’s Pride Corp., 4.250%, 4/15/2031		270,128
	745,000	Post Holdings, Inc., 4.500%, 9/15/2031, 144A		636,255
	2,165,000	Prologis Euro Finance LLC, 0.250%, 9/10/2027, (EUR)		1,995,655
	1,530,000	Prologis Euro Finance LLC, 0.375%, 2/06/2028, (EUR)		1,398,354
	365,000	Prologis LP, 2.250%, 6/30/2029, (GBP)		372,217
	1,360,000	Rand Parent LLC, 8.500%, 2/15/2030, 144A		1,231,385
	1,100,000	Realty Income Corp., EMTN, 1.625%, 12/15/2030, (GBP)		1,014,361
	430,000	Realty Income Corp., EMTN, 5.125%, 7/06/2034, (EUR)		468,991
	7,695,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 2.875%, 10/15/2026, 144A		6,810,075
	6,794,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.625%, 3/01/2029		5,710,140
	1,000,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.625%, 3/01/2029, 144A		840,468
	7,011,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.875%, 3/01/2031, 144A		5,684,922
	4,510,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 4.000%, 10/15/2033, 144A		3,527,902
	2,945,000	Royal Caribbean Cruises Ltd., 4.250%, 7/01/2026, 144A		2,703,364
	3,280,000	Royal Caribbean Cruises Ltd., 5.500%, 4/01/2028, 144A		3,058,730
	1,425,000	SBA Communications Corp., 3.125%, 2/01/2029		1,207,909
	1,020,000	Scientific Games International, Inc., 7.000%, 5/15/2028, 144A		1,014,554
	525,000	Scientific Games International, Inc., 7.250%, 11/15/2029, 144A		525,656
	435,000	Sensata Technologies BV, 4.000%, 4/15/2029, 144A		387,274
	140,000	Silgan Holdings, Inc., 3.250%, 3/15/2025, (EUR)		149,327
	315,000	Southwestern Energy Co., 4.750%, 2/01/2032		277,621
	765,000	Synchrony Bank, 5.625%, 8/23/2027		718,587

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		United States – continued
	$2,805,000	T-Mobile USA, Inc., 3.875%, 4/15/2030	$	2,584,158
	255,000	Tapestry, Inc., 3.050%, 3/15/2032		203,631
	515,000	Targa Resources Corp., 6.125%, 3/15/2033		526,222
	165,000	Targa Resources Partners LP/Targa Resources Partners Finance Corp., 4.875%, 2/01/2031		152,483
	245,000	Thermo Fisher Scientific Finance I BV, 2.000%, 10/18/2051, (EUR)		174,830
	100,000	Thermo Fisher Scientific, Inc., EMTN, 1.500%, 10/01/2039, (EUR)		76,422
	90,000	Time Warner Cable LLC, 4.500%, 9/15/2042		67,319
	85,000	Time Warner Cable LLC, 5.500%, 9/01/2041		70,714
	400,000	TopBuild Corp., 4.125%, 2/15/2032, 144A		340,765
	405,000	TransDigm, Inc., 6.750%, 8/15/2028, 144A		406,535
	4,075,000	Travel & Leisure Co., 4.500%, 12/01/2029, 144A		3,467,115
	530,000	Travel & Leisure Co., 4.625%, 3/01/2030, 144A		448,513
	625,000	TriNet Group, Inc., 3.500%, 3/01/2029, 144A		543,432
	216,156	U.S. Airways Pass-Through Trust, Series 2012-2A, Class A, 4.625%, 12/03/2026		202,580
	12,440,000	U.S. Treasury Bonds, 2.250%, 2/15/2052		8,989,844
	2,910,000	U.S. Treasury Notes, 0.875%, 1/31/2024		2,834,863
	17,750,000	U.S. Treasury Notes, 2.250%, 3/31/2024(g)		17,334,678
	4,915,000	U.S. Treasury Notes, 3.375%, 5/15/2033		4,739,903
	13,115,000	Uber Technologies, Inc., 4.500%, 8/15/2029, 144A		12,071,021
	8,655,000	Uber Technologies, Inc., 6.250%, 1/15/2028, 144A		8,612,244
	1,555,000	Uber Technologies, Inc., 7.500%, 9/15/2027, 144A		1,590,536
	140,000	Uber Technologies, Inc., 8.000%, 11/01/2026, 144A		142,676
	269,757	United Airlines Pass-Through Trust, Series 2016-2, Class B, 3.650%, 4/07/2027		250,620
	1,811,082	United Airlines Pass-Through Trust, Series 2020-1, Class A, 5.875%, 4/15/2029		1,797,970
	895,000	Venture Global Calcasieu Pass LLC, 3.875%, 11/01/2033, 144A		732,903
	390,000	Venture Global Calcasieu Pass LLC, 4.125%, 8/15/2031, 144A		335,387

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		United States – continued
	3,095,000	Verizon Communications, Inc., 2.500%, 5/16/2030, (CAD)	$	1,992,084
	895,000	VICI Properties LP/VICI Note Co., Inc., 4.250%, 12/01/2026, 144A		837,256
	1,185,000	VICI Properties LP/VICI Note Co., Inc., 4.500%, 9/01/2026, 144A		1,119,493
	640,000	VICI Properties LP/VICI Note Co., Inc., 4.625%, 6/15/2025, 144A		618,397
	1,270,000	Warnermedia Holdings, Inc., 4.279%, 3/15/2032		1,126,332
	130,000	Western Digital Corp., 2.850%, 2/01/2029		103,866
	90,000	Western Digital Corp., 3.100%, 2/01/2032		66,606
	360,000	Western Midstream Operating LP, 4.300%, 2/01/2030		323,225
	470,000	Western Midstream Operating LP, 5.300%, 3/01/2048		392,321
	150,000	Western Midstream Operating LP, 5.450%, 4/01/2044		126,716
	115,000	Western Midstream Operating LP, 5.500%, 8/15/2048		96,170
	475,000	Western Midstream Operating LP, 5.500%, 2/01/2050		389,058
	1,250,000	Yum! Brands, Inc., 4.625%, 1/31/2032		1,129,173
				285,897,482
		Uruguay – 0.1%
	1,415,000	Uruguay Government International Bonds, 4.375%, 1/23/2031		1,393,925
	86,955,000	Uruguay Government International Bonds, 8.250%, 5/21/2031, (UYU)		2,131,249
				3,525,174
		Total Non-Convertible Bonds (Identified Cost $858,049,377)		746,800,415
	Convertible Bonds – 2.2%
		United States – 2.2%
	12,590,000	BioMarin Pharmaceutical, Inc., 1.250%, 5/15/2027		12,656,788
	23,580,000	DISH Network Corp., 3.375%, 8/15/2026		11,966,850
	6,285,000	DISH Network Corp., Zero Coupon, 0.000%-9.514%, 12/15/2025(h)		3,339,158
	305,000	JetBlue Airways Corp., 0.500%, 4/01/2026		250,483
	4,390,000	Livongo Health, Inc., 0.875%, 6/01/2025		3,965,926
	1,615,000	NCL Corp. Ltd., 1.125%, 2/15/2027		1,485,283

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Convertible Bonds – continued
		United States – continued
	$345,000	Northern Oil & Gas, Inc., 3.625%, 4/15/2029, 144A	$	384,751
	100,000	Nutanix, Inc., 0.250%, 10/01/2027		84,563
	135,000	Peloton Interactive, Inc., Zero Coupon, 1.146%, 2/15/2026(c)		102,380
	230,000	Penn Entertainment, Inc., 2.750%, 5/15/2026		284,970
	620,000	Snap, Inc., Zero Coupon, 6.697%-7.641%, 5/01/2027(h)		458,800
	7,550,000	Southwest Airlines Co., 1.250%, 5/01/2025		8,656,075
	1,025,000	Splunk, Inc., 1.125%, 6/15/2027		884,062
	655,000	Spotify USA, Inc., Zero Coupon, 5.189%-5.873%, 3/15/2026(h)		556,423
	14,290,000	Teladoc Health, Inc., 1.250%, 6/01/2027		11,360,550
	6,678,000	Uber Technologies, Inc., Zero Coupon, 0.000%-5.582%, 12/15/2025(h)		6,121,789
	410,000	Unity Software, Inc., Zero Coupon, 7.197%-7.334%, 11/15/2026(h)		327,385
	120,000	Zillow Group, Inc., 1.375%, 9/01/2026		150,900
		Total Convertible Bonds (Identified Cost $83,297,626)		63,037,136
	Municipals – 0.0%
		United States – 0.0%
	120,000	Tobacco Settlement Financing Corp., Series A-1, 6.706%, 6/01/2046 (Identified Cost $119,990)		113,573
		Total Bonds and Notes (Identified Cost $941,466,993)		809,951,124
	Senior Loans – 0.1%
		United States – 0.1%
	1,537,077	Carnival Corp., USD Term Loan B, 1 mo. USD SOFR + 3.000%, 8.217%, 6/30/2025(f)(i)		1,533,711
	1,612,914	Carnival Corp., 2021 Incremental Term Loan B, 1 mo. USD SOFR + 3.250%, 8.467%, 10/18/2028(f)(i)		1,596,785
	270,000	HUB International Ltd., 2023 Term Loan B, 6/20/2030(j)		270,488
	487,550	Uber Technologies, Inc., 2023 Term Loan B, 3 mo. USD SOFR + 2.750%, 8.018%, 3/03/2030(k)(l)		487,160
		Total Senior Loans (Identified Cost $3,865,290)		3,888,144

Shares		Description	Value (†)
	Preferred Stocks – 0.0%
	Convertible Preferred Stocks – 0.0%
		United States – 0.0%
	24,376	El Paso Energy Capital Trust I, 4.750% (Identified Cost $1,125,845)	$	1,132,265
Principal Amount (‡)
	Short-Term Investments – 3.2%
	$28,588,393	Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 6/30/2023 at 2.300% to be repurchased at $28,593,873 on 7/03/2023 collateralized by $30,721,900 U.S. Treasury Note, 2.750% due 4/30/2027 valued at $29,160,238 including accrued interest(m)		28,588,393
	21,820,000	U.S. Treasury Bills, 5.115%, 12/14/2023(n)		21,300,789
	1,895,000	U.S. Treasury Bills, 5.166%, 11/24/2023(n)		1,855,722
	34,905,000	U.S. Treasury Bills, 5.170%, 12/21/2023(n)		34,036,215
	3,790,000	U.S. Treasury Bills, 5.205%, 11/30/2023(n)		3,707,904
		Total Short-Term Investments (Identified Cost $89,493,552)		89,489,023
		Total Investments – 99.6% (Identified Cost $2,650,976,188)		2,820,096,407
		Other assets less liabilities – 0.4%		10,737,713
		Net Assets – 100.0%	$	2,830,834,120

(†)	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 and unlisted equities 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. Forward foreign currency contracts are fair valued utilizing interpolated rates determined based on information provided by an independent pricing service. 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 1,000.
(†††)	Amount shown represents principal amount including inflation adjustments.
(††††)	Amount shown represents units. One unit represents a principal amount of 100.
(a)	Non-income producing security.
(b)	Coupon rate is a fixed rate for an initial period then resets at a specified date and rate.
(c)	Interest rate represents annualized yield at time of purchase; not a coupon rate.
(d)	Perpetual bond with no specified maturity date.
(e)	The issuer is in default with respect to interest and/or principal payments. Income is not being accrued.
(f)	Variable rate security. Rate as of June 30, 2023 is disclosed.
(g)	Security (or a portion thereof) has been pledged as collateral for open derivative contracts.
(h)	Interest rate represents annualized yield at time of purchase; not a coupon rate. The Fund’s investment in this security is comprised of various lots with differing annualized yields.
(i)	Stated interest rate has been determined in accordance with the provisions of the loan agreement and is subject to a minimum benchmark floor rate of 0.75%, to which the spread is added.
(j)	Position is unsettled. Contract rate was not determined at June 30, 2023 and does not take effect until settlement date. Maturity date is not finalized until settlement date.
(k)	Variable rate security. Rate shown represents the weighted average rate of underlying contracts at June 30, 2023. Interest rates on contracts are primarily redetermined either weekly, monthly or quarterly by reference to the indicated base lending rate and spread and the reset period.
(l)	Stated interest rate has been determined in accordance with the provisions of the loan agreement and is subject to a minimum benchmark floor rate of 0.00%, to which the spread is added.

(m)	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.
(n)	Interest rate represents discount rate at time of purchase; not a coupon rate.
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 $267,600,081 or 9.5% of net assets.
CPI	Consumer Price Index
EMTN	Euro Medium Term Note
MTN	Medium Term Note
SOFR	Secured Overnight Financing Rate
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
COP	Colombian Peso
EUR	Euro
GBP	British Pound
IDR	Indonesian Rupiah
JPY	Japanese Yen
KRW	South Korean Won
MXN	Mexican Peso
NOK	Norwegian Krone
NZD	New Zealand Dollar
PLN	Polish Zloty
SEK	Swedish Krona
SGD	Singapore Dollar
UYU	Uruguayan Peso
ZAR	South African Rand

Forward Foreign Currency Contracts

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

At June 30, 2023, the Fund had the following open forward foreign currency contracts:

Counterparty	Delivery Date		Currency Bought/ Sold (B/S)	Units of Currency			In Exchange for		Notional Value		Unrealized Appreciation (Depreciation)
Bank of America N.A.		9/20/2023	GBP		B	13,094,000	$	16,608,037	$	16,632,913	$	24,876
Bank of America N.A.		9/20/2023	GBP		S	1,901,000		2,423,642		2,414,783		8,859
Bank of America N.A.		9/20/2023	JPY		B	8,385,383,000		61,060,096		58,809,549		(2,250,547	)
Bank of America N.A.		9/20/2023	JPY		S	685,383,000		4,860,459		4,806,825		53,634
Bank of America N.A.		9/20/2023	KRW		S	19,047,379,000		14,888,325		14,514,777		373,548

Bank of America N.A.	9/20/2023	MXN	S	256,059,000	14,617,325	14,743,339		(126,014	)
HSBC Bank USA N.A.	9/21/2023	AUD	S	13,800,000	9,372,408	9,212,944		159,464
HSBC Bank USA N.A.	9/20/2023	CAD	S	26,705,000	20,126,464	20,182,699		(56,235	)
Morgan Stanley Capital Services LLC	9/20/2023	EUR	B	82,154,000	88,942,385	89,989,250		1,046,865
Morgan Stanley Capital Services LLC	9/20/2023	NZD	S	6,003,000	3,654,506	3,682,848		(28,342	)
UBS AG	9/20/2023	COP	S	30,469,789,000	7,108,563	7,153,803		(45,240	)
UBS AG	9/20/2023	IDR	S	100,000,000,000	6,713,212	6,665,778		47,434
Total							$	(791,698	)

At June 30, 2023, the Fund had the following open forward cross currency contracts:

Counterparty

Settlement Date

Deliver/Units of Currency

Receive/Units of Currency

Notional Value

Unrealized Appreciation (Depreciation)

Morgan Stanley Capital Services LLC

9/20/2023

NOK

30,959,000

EUR

2,680,062

$

2,935,666

$

43,639

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 10 Year U.S. Treasury Notes Futures		9/20/2023		74	$	8,404,932	$	8,307,656	$	(97,276	)
CBOT 5 Year U.S. Treasury Notes Futures		9/29/2023		266		28,858,175		28,486,938		(371,237	)
CBOT U.S. Long Bond Futures		9/20/2023		642		81,179,704		81,473,812		294,108
CME Ultra Long Term U.S. Treasury Bond Futures		9/20/2023		61		8,253,739		8,309,344		55,605
Total									$	(118,800	)

At June 30, 2023, open short futures contracts were as follows:

Financial Futures	Expiration Date		Contracts		Notional Amount		Value		Unrealized Appreciation (Depreciation)
Ultra 10 Year U.S. Treasury Notes Futures		9/20/2023		238	$	28,324,533	$	28,188,125	$	136,408

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
Common Stocks
France	$	—		$	118,382,120		$	—	$	118,382,120
Japan		—			50,617,911			—		50,617,911
Netherlands		—			83,382,343			—		83,382,343
Sweden		—			70,220,199			—		70,220,199
Taiwan		—			50,155,055			—		50,155,055
United Kingdom		—			25,766,203			—		25,766,203
United States		1,501,858,269			15,253,751			—		1,517,112,020
Total Common Stocks		1,501,858,269			413,777,582			—		1,915,635,851
Bonds and Notes*		—			809,951,124			—		809,951,124
Senior Loans*		—			3,888,144			—		3,888,144
Preferred Stocks*		1,132,265			—			—		1,132,265
Short-Term Investments		—			89,489,023			—		89,489,023
Total Investments		1,502,990,534			1,317,105,873			—		2,820,096,407
Forward Foreign Currency Contracts (unrealized appreciation)		—			1,758,319			—		1,758,319
Futures Contracts (unrealized appreciation)		486,121			—			—		486,121
Total	$	1,503,476,655		$	1,318,864,192		$	—	$	2,822,340,847
Liability Valuation Inputs
Description	Level 1			Level 2			Level 3		Total
Forward Foreign Currency Contracts (unrealized depreciation)	$	—		$	(2,506,378	)	$	—	$	(2,506,378	)
Futures Contracts (unrealized depreciation)		(468,513	)		—			—		(468,513	)
Total	$	(468,513	)	$	(2,506,378	)	$	—	$	(2,974,891	)

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

Derivatives

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

The Fund is subject to the risk that changes in foreign currency exchange rates will have an unfavorable effect on the value of Fund assets denominated in foreign currencies. The Fund may enter into forward foreign currency contracts for hedging purposes to protect the value of the Fund’s holdings of foreign securities. The Fund may also use forward foreign currency contracts to gain exposure to foreign currencies, regardless of whether securities denominated in such currencies are held in the Fund. As of June 30, 2023, the Fund engaged in forward foreign currency transactions for hedging purposes and to gain exposure to foreign currencies.

The Fund is subject to the risk that changes in interest rates will affect the value of the Fund’s investments in fixed-income securities. The Fund will be subject to increased interest rate risk to the extent that it invests in fixed-income securities with longer maturities or durations, as compared to investing in fixed-income securities with shorter maturities or durations. The Fund may use futures contracts to hedge against changes in interest rates and to manage duration without having to buy or sell portfolio securities. The Fund may also use futures contracts to gain investment exposure. 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 forward foreign currency contracts		Unrealized appreciation on futures contracts
Over-the-counter asset derivatives
Foreign exchange contracts	$	1,758,319	$	—
Exchange-traded/cleared asset derivatives
Interest rate contracts		—		486,121
Total asset derivatives	$	1,758,319	$	486,121

Liabilities	Unrealized depreciation on forward foreign currency contracts			Unrealized depreciation on futures contracts
Over-the-counter liability derivatives
Foreign exchange contracts	$	(2,506,378	)	$	—
Exchange-traded/cleared liability derivatives
Interest rate contracts		—			(468,513	)
Total liability derivatives	$	(2,506,378	)	$	(468,513	)

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

OTC derivatives, including forward foreign currency contracts, are entered into pursuant to International Swaps and Derivatives Association, Inc. (“ISDA”) agreements negotiated between the Fund and its counterparties. ISDA agreements typically contain, among other things, terms for the posting of collateral and master netting provisions in the event of a default or other termination event. Collateral is posted by the Fund or the counterparty to the extent of the net mark-to-market exposure to the other party of all open contracts under the agreement, subject to minimum transfer requirements. Master netting provisions allow the Fund and the counterparty, in the event of a default or other termination event, to offset amounts owed by each related to derivative contracts, including any posted collateral, to one net amount payable by either the Fund or the counterparty. The Fund’s ISDA agreements typically contain provisions that allow a counterparty to terminate open contracts early if the NAV of the Fund declines beyond a certain threshold. As of June 30, 2023, the fair value of derivative positions subject to these provisions that are in a net liability position by counterparty, and the value of collateral pledged to counterparties for such contracts is as follows:

Counterparty:	Derivatives			Collateral Pledged
Bank of America N.A.	$	(1,915,644	)	$	1,910,000

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)

Semiconductors & Semiconductor Equipment	8.0	%
Treasuries	6.8
Machinery	6.4
Software	6.0
Capital Markets	6.0
Life Sciences Tools & Services	5.7
IT Services	4.4
Textiles, Apparel & Luxury Goods	3.5
Broadline Retail	3.4
Chemicals	3.1
Interactive Media & Services	2.9
Financial Services	2.7
Hotels, Restaurants & Leisure	2.6
Banks	2.4
Specialty Retail	2.3
Cable Satellite	2.3
Health Care Providers & Services	2.2
Banking	2.1
Pharmaceuticals	2.1
Other Investments, less than 2% each	21.5
Short-Term Investments	3.2
Total Investments	99.6
Other assets less liabilities (including forward foreign currency and futures contracts)	0.4
Net Assets	100.0	%

Currency Exposure Summary at June 30, 2023 (Unaudited)

United States Dollar	76.8	%
Euro	9.2
Swedish Krona	2.7
Japanese Yen	2.0
Other, less than 2% each	8.9
Total Investments	99.6
Other assets less liabilities (including forward foreign currency and futures contracts)	0.4
Net Assets	100.0	%