PORTFOLIO OF INVESTMENTS – as of March 31, 2023 (Unaudited)

Loomis Sayles Bond Fund

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – 82.5% of Net Assets
	Non-Convertible Bonds – 76.1%
		ABS Car Loan – 4.1%
$	12,980,000	American Credit Acceptance Receivables Trust, Series 2021-4, Class D, 1.820%, 2/14/2028, 144A	$	12,169,529
	3,685,000	American Credit Acceptance Receivables Trust, Series 2022-1, Class D, 2.460%, 3/13/2028, 144A		3,427,684
	1,470,000	American Credit Acceptance Receivables Trust, Series 2022-4, Class C, 7.860%, 2/15/2029, 144A		1,521,445
	13,000,000	Avis Budget Rental Car Funding AESOP LLC, Series 2018-2A, Class D, 3.040%, 3/20/2025, 144A		12,387,024
	1,680,000	Avis Budget Rental Car Funding AESOP LLC, Series 2019-2A, Class C, 4.240%, 9/22/2025, 144A		1,619,658
	6,300,000	Avis Budget Rental Car Funding AESOP LLC, Series 2019-3A, Class C, 3.150%, 3/20/2026, 144A		5,859,977
	3,880,000	Avis Budget Rental Car Funding AESOP LLC, Series 2020-2A, Class C, 4.250%, 2/20/2027, 144A		3,624,781
	1,745,000	Avis Budget Rental Car Funding AESOP LLC, Series 2021-1A, Class C, 2.130%, 8/20/2027, 144A		1,507,793
	3,470,000	Avis Budget Rental Car Funding AESOP LLC, Series 2021-2A, Class C, 2.350%, 2/20/2028, 144A		2,965,558
	1,255,000	CarMax Auto Owner Trust, Series 2022-1, Class D, 2.470%, 7/17/2028		1,085,665
	4,543,348	Carvana Auto Receivables Trust, Series 2021-N3, Class C, 1.020%, 6/12/2028		4,323,809
	2,554,130	Carvana Auto Receivables Trust, Series 2021-N4, Class C, 1.720%, 9/11/2028		2,457,094
	6,410,000	Carvana Auto Receivables Trust, Series 2021-N4, Class D, 2.300%, 9/11/2028		5,946,783
	6,400,000	Carvana Auto Receivables Trust, Series 2021-P3, Class C, 1.930%, 10/12/2027		5,229,726
	3,032,000	Carvana Auto Receivables Trust, Series 2021-P4, Class C, 2.330%, 2/10/2028		2,625,062
	4,020,000	Credit Acceptance Auto Loan Trust, Series 2021-3A, Class C, 1.630%, 9/16/2030, 144A		3,699,967
	8,080,000	Credit Acceptance Auto Loan Trust, Series 2021-4, Class C, 1.940%, 2/18/2031, 144A		7,381,049
	3,355,915	DT Auto Owner Trust, Series 2020-3A, Class C, 1.470%, 6/15/2026, 144A		3,277,139
	7,980,000	DT Auto Owner Trust, Series 2021-4A, Class D, 1.990%, 9/15/2027, 144A		7,211,034
	11,340,000	Exeter Automobile Receivables Trust, Series 2021-2A, Class D, 1.400%, 4/15/2027		10,543,286
	15,295,000	Exeter Automobile Receivables Trust, Series 2021-3A, Class D, 1.550%, 6/15/2027		14,089,122
	2,010,000	Exeter Automobile Receivables Trust, Series 2022-6A, Class C, 6.320%, 5/15/2028		2,045,154
	2,820,000	First Investors Auto Owner Trust, Series 2022-2A, Class D, 8.710%, 10/16/2028, 144A		2,940,140
	5,245,000	Flagship Credit Auto Trust, Series 2021-2, Class D, 1.590%, 6/15/2027, 144A		4,660,838
	6,565,000	Flagship Credit Auto Trust, Series 2021-3, Class D, 1.650%, 9/15/2027, 144A		5,825,576

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Car Loan – continued
$	5,260,000	Foursight Capital Automobile Receivables Trust, Series 2021-2, Class D, 1.920%, 9/15/2027, 144A	$	4,818,589
	10,265,000	GLS Auto Receivables Issuer Trust, Series 2021-3A, Class D, 1.480%, 7/15/2027, 144A		9,298,102
	16,820,000	GLS Auto Receivables Issuer Trust, Series 2021-4A, Class D, 2.480%, 10/15/2027, 144A		15,366,732
	11,029,000	Hertz Vehicle Financing III LLC, Series 2022-1A, Class D, 4.850%, 6/25/2026, 144A		10,001,737
	8,512,000	Hertz Vehicle Financing III LLC, Series 2022-3A, Class D, 6.310%, 3/25/2025, 144A		8,376,217
	4,380,000	Hertz Vehicle Financing III LLC, Series 2023-2A, Class D, 9.400%, 9/25/2029, 144A		4,475,392
	6,205,000	Hertz Vehicle Financing LLC, Series 2022-4A, Class D, 6.560%, 9/25/2026, 144A		5,910,232
	1,564,707	JPMorgan Chase Bank N.A, Series 2021-3, Class D, 1.009%, 2/26/2029, 144A		1,474,842
	8,375,000	Prestige Auto Receivables Trust, Series 2022-1A, Class D, 8.080%, 8/15/2028, 144A		8,521,310
	1,940,994	Santander Bank N.A., Series 2021-1A, Class B, 1.833%, 12/15/2031, 144A		1,863,330
	10,510,000	Westlake Automobile Receivables Trust, Series 2021-3A, Class D, 2.120%, 1/15/2027, 144A		9,734,667
				208,266,043
		ABS Credit Card – 0.0%
	1,245,000	Mission Lane Credit Card Master Trust, Series 2021-A, Class B, 2.240%, 9/15/2026, 144A		1,186,489
		ABS Home Equity – 4.3%
	9,710,304	510 Asset-Backed Trust, Series 2021-NPL1, Class A1, 2.240%, 6/25/2061, 144A(a)		8,906,010
	12,850,000	CAFL Issuer LLC, Series 2021-RTL1, Class A1, 2.239%, 3/28/2029, 144A(a)		11,736,025
	2,715,000	CoreVest American Finance Ltd., Series 2021-1, Class C, 2.800%, 4/15/2053, 144A		2,259,163
	4,647,000	CoreVest American Finance Ltd., Series 2021-2, Class C, 2.478%, 7/15/2054, 144A		3,719,452
	2,280,000	CoreVest American Finance Ltd., Series 2021-3, Class D, 3.469%, 10/15/2054, 144A		1,852,843
	16,378,114	Credit Suisse Mortgage Trust, Series 2021-RPL4, Class A1, 1.796%, 12/27/2060, 144A(a)		15,114,969
	3,716,673	Credit Suisse Mortgage Trust, Series 2021-RPL6, Class M2, 3.125%, 10/25/2060, 144A		2,884,875
	7,995,000	FirstKey Homes Trust, Series 2021-SFR1, Class E1, 2.389%, 8/17/2038, 144A		6,800,735
	5,272,000	FirstKey Homes Trust, Series 2021-SFR2, Class E1, 2.258%, 9/17/2038, 144A		4,506,977
	3,120,000	FirstKey Homes Trust, Series 2021-SFR2, Class E2, 2.358%, 9/17/2038, 144A		2,655,330
	2,210,000	FRTKL Group, Inc., Series 2021-SFR1, Class E1, 2.372%, 9/17/2038, 144A		1,866,799

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Home Equity – continued
$	1,930,000	FRTKL Group, Inc., Series 2021-SFR1, Class E2, 2.522%, 9/17/2038, 144A	$	1,620,119
	1,276,042	Home Partners of America Trust, Series 2021-1, Class E, 2.577%, 9/17/2041, 144A		1,012,692
	12,635,625	Home Partners of America Trust, Series 2021-2, Class E1, 2.852%, 12/17/2026, 144A		11,034,226
	6,322,654	Home Partners of America Trust, Series 2021-2, Class E2, 2.952%, 12/17/2026, 144A		5,522,935
	7,701,258	Legacy Mortgage Asset Trust, Series 2021-GS2, Class A1, 1.750%, 4/25/2061, 144A(a)		7,187,413
	2,538,356	Legacy Mortgage Asset Trust, Series 2021-GS4, Class A1, 1.650%, 11/25/2060, 144A(a)		2,324,171
	1,720,000	Mill City Mortgage Loan Trust, Series 2019-GS1, Class M2, 3.250%, 7/25/2059, 144A(a)		1,425,777
	1,635,000	Progress Residential Trust, Series 2021-SFR4, Class E1, 2.409%, 5/17/2038, 144A		1,424,100
	1,145,000	Progress Residential Trust, Series 2021-SFR4, Class E2, 2.559%, 5/17/2038, 144A		994,308
	3,535,000	Progress Residential Trust, Series 2021-SFR5, Class E1, 2.209%, 7/17/2038, 144A		3,014,015
	925,000	Progress Residential Trust, Series 2021-SFR5, Class E2, 2.359%, 7/17/2038, 144A		785,444
	4,495,000	Progress Residential Trust, Series 2021-SFR6, Class E1, 2.425%, 7/17/2038, 144A		3,860,489
	2,300,000	Progress Residential Trust, Series 2021-SFR6, Class E2, 2.525%, 7/17/2038, 144A		2,003,243
	5,280,000	Progress Residential Trust, Series 2021-SFR7, Class E1, 2.591%, 8/17/2040, 144A		4,403,513
	1,445,000	Progress Residential Trust, Series 2021-SFR7, Class E2, 2.640%, 8/17/2040, 144A		1,196,710
	1,705,000	Progress Residential Trust, Series 2021-SFR9, Class E1, 2.811%, 11/17/2040, 144A		1,404,190
	1,175,000	Progress Residential Trust, Series 2021-SFR9, Class E2, 3.010%, 11/17/2040, 144A		969,859
	6,759,966	PRPM LLC, Series 2021-10, Class A1, 2.487%, 10/25/2026, 144A(a)		6,233,536
	11,292,562	PRPM LLC, Series 2021-4, Class A1, 1.867%, 4/25/2026, 144A(a)		10,748,333
	10,207,091	PRPM LLC, Series 2021-5, Class A1, 1.793%, 6/25/2026, 144A(a)		9,481,612
	7,103,447	PRPM LLC, Series 2021-8, Class A1, 1.743%, 9/25/2026, 144A(a)		6,636,031
	7,523,253	PRPM LLC, Series 2021-9, Class A1, 2.363%, 10/25/2026, 144A(a)		7,103,227
	9,673,815	PRPM LLC, Series 2022-5, Class A1, 6.900%, 9/27/2027, 144A(a)		9,630,021
	12,050,000	Toorak Mortgage Corp. Ltd., Series 2021-1, Class A1, 2.240%, 6/25/2024, 144A(a)		11,350,912
	170,000	Towd Point Mortgage Trust, Series 2015-4, Class M2, 3.750%, 4/25/2055, 144A(a)		165,335
	3,660,000	Towd Point Mortgage Trust, Series 2016-3, Class M2, 4.000%, 4/25/2056, 144A(a)		3,524,259

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Home Equity – continued
$	430,000	Towd Point Mortgage Trust, Series 2017-3, Class A2, 3.000%, 7/25/2057, 144A(a)	$	403,114
	1,195,000	Towd Point Mortgage Trust, Series 2019-4, Class M1, 3.500%, 10/25/2059, 144A(a)		1,031,905
	905,000	Towd Point Mortgage Trust, Series 2020-1, Class A2B, 3.250%, 1/25/2060, 144A(a)		758,681
	495,000	Towd Point Mortgage Trust, Series 2020-2, Class A2B, 3.000%, 4/25/2060, 144A(a)		392,184
	2,015,000	Tricon Residential Trust, Series 2021-SFR1, Class E1, 2.794%, 7/17/2038, 144A		1,781,989
	5,360,000	Tricon Residential Trust, Series 2021-SFR1, Class E2, 2.894%, 7/17/2038, 144A		4,725,663
	221,943	VCAT LLC, Series 2021-NPL1, Class A1, 2.289%, 12/26/2050, 144A(a)		211,768
	9,131,610	VCAT LLC, Series 2021-NPL5, Class A1, 1.868%, 8/25/2051, 144A(a)		8,427,348
	14,811,493	VCAT LLC, Series 2021-NPL6, Class A1, 1.917%, 9/25/2051, 144A(a)		13,702,488
	8,455,880	VOLT XCIV LLC, Series 2021-NPL3, Class A1, 2.240%, 2/27/2051, 144A(a)		7,912,978
				216,707,766
		ABS Other – 2.7%
	1,290,000	Affirm Asset Securitization Trust, Series 2021-B, Class C, 1.400%, 8/17/2026, 144A		1,188,606
	6,742,749	Apollo Aviation Securitization Equity Trust, Series 2021-1A, Class A, 2.950%, 11/16/2041, 144A		6,075,352
	2,410,000	Aqua Finance Trust, Series 2021-A, Class B, 2.400%, 7/17/2046, 144A		2,001,012
	13,505,000	BHG Securitization Trust, Series 2022-A, Class B, 2.700%, 2/20/2035, 144A		12,061,831
	10,724,250	DB Master Finance LLC, Series 2021-1A, Class A2II, 2.493%, 11/20/2051, 144A		9,103,859
	691,570	Elara HGV Timeshare Issuer LLC, Series 2021-A, Class C, 2.090%, 8/27/2035, 144A		617,524
	1,431,284	FREED ABS Trust, Series 2021-2, Class C, 1.940%, 6/19/2028, 144A		1,401,569
	3,495,000	FREED ABS Trust, Series 2021-3FP, Class D, 2.370%, 11/20/2028, 144A		3,214,643
	3,565,000	FREED ABS Trust, Series 2022-1FP, Class D, 3.350%, 3/19/2029, 144A		3,189,166
	64,001	HIN Timeshare Trust, Series 2020-A, Class C, 3.420%, 10/09/2039, 144A		59,313
	3,980,000	HPEFS Equipment Trust, Series 2021-1A, Class D, 1.030%, 3/20/2031, 144A		3,807,093
	3,645,000	HPEFS Equipment Trust, Series 2022-1A, Class D, 2.400%, 11/20/2029, 144A		3,416,284
	9,884,448	Lunar Structured Aircraft Portfolio Notes, Series 2021-1, Class A, 2.636%, 10/15/2046, 144A		8,632,889
	17,488,549	MAPS Trust, Series 2021-1A, Class A, 2.521%, 6/15/2046, 144A		14,980,604

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Other – continued
$	1,733,000	Marlette Funding Trust, Series 2021-2A, Class C, 1.500%, 9/15/2031, 144A	$	1,619,039
	3,210,000	Marlette Funding Trust, Series 2021-3A, Class C, 1.810%, 12/15/2031, 144A		2,920,726
	11,064,322	MVW LLC, Series 2021-2A, Class C, 2.230%, 5/20/2039, 144A		9,792,100
	15,054,836	Navigator Aircraft ABS Ltd., Series 2021-1, Class A, 2.771%, 11/15/2046, 144A(a)		13,016,527
	3,250,000	Nelnet Student Loan Trust, Series 2021-A, Class B2, 2.850%, 4/20/2062, 144A		2,694,931
	1,145,000	OneMain Financial Issuance Trust, Series 2018-2A, Class A, 3.570%, 3/14/2033, 144A		1,125,789
	1,835,000	OneMain Financial Issuance Trust, Series 2020-2A, Class A, 1.750%, 9/14/2035, 144A		1,646,796
	5,485,000	OneMain Financial Issuance Trust, Series 2021-1A, Class D, 2.470%, 6/16/2036, 144A		4,319,488
	800,000	Republic Finance Issuance Trust, Series 2021-A, Class C, 3.530%, 12/22/2031, 144A		707,425
	725,000	SCF Equipment Leasing LLC, Series 2021-1A, Class D, 1.930%, 9/20/2030, 144A		651,309
	4,060,000	SCF Equipment Leasing LLC, Series 2022-2A, Class C, 6.500%, 8/20/2032, 144A		4,055,030
	869,834	Shenton Aircraft Investment I Ltd., Series 2015-1A, Class A, 4.750%, 10/15/2042, 144A		713,290
	14,703,806	SLAM Ltd., Series 2021-1A, Class A, 2.434%, 6/15/2046, 144A		12,723,247
	1,440,000	SoFi Consumer Loan Program Trust, Series 2021-1, Class D, 2.040%, 9/25/2030, 144A		1,319,084
	2,745,669	WAVE Trust, Series 2017-1A, Class A, 3.844%, 11/15/2042, 144A		2,179,704
	12,185,109	Willis Engine Structured Trust VI, Series 2021-A, Class A, 3.104%, 5/15/2046, 144A		9,626,894
				138,861,124
		ABS Student Loan – 0.5%
	2,550,051	College Ave Student Loans LLC, Series 2021-A, Class C, 2.920%, 7/25/2051, 144A		2,270,916
	2,157,000	College Ave Student Loans LLC, Series 2021-C, Class D, 4.110%, 7/26/2055, 144A		1,795,031
	734,989	ELFI Graduate Loan Program LLC, Series 2021-A, Class B, 2.090%, 12/26/2046, 144A(a)		633,717
	2,565,000	Navient Private Education Refi Loan Trust, Series 2021-EA, Class B, 2.030%, 12/16/2069, 144A		1,677,613
	5,895,000	Navient Private Education Refi Loan Trust, Series 2021-FA, Class B, 2.120%, 2/18/2070, 144A		3,869,806
	2,120,000	Nelnet Student Loan Trust, Series 2021-DA, Class C, 3.500%, 4/20/2062, 144A		1,749,827
	863,000	Nelnet Student Loan Trust, Series 2021-DA, Class D, 4.380%, 4/20/2062, 144A		694,517
	5,735,000	SMB Private Education Loan Trust, Series 2021-B, Class B, 2.650%, 7/17/2051, 144A		4,660,880

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Student Loan – continued
$	7,070,000	SMB Private Education Loan Trust, Series 2021-E, Class B, 2.490%, 2/15/2051, 144A	$	5,675,075
	630,000	SoFi Professional Loan Program LLC, Series 2017-A, Class C, 4.430%, 3/26/2040, 144A(a)		586,054
				23,613,436
		ABS Whole Business – 0.6%
	9,470,000	Applebee’s Funding LLC/IHOP Funding LLC, Series 2023-1A, Class A2, 7.824%, 3/05/2053, 144A(b)		9,580,607
	1,669,450	DB Master Finance LLC, Series 2019-1A, Class A23, 4.352%, 5/20/2049, 144A		1,574,684
	7,211,550	Domino’s Pizza Master Issuer LLC, Series 2021-1A, Class A2I, 2.662%, 4/25/2051, 144A		6,168,378
	3,414,188	Hardee’s Funding LLC, Series 2021-1A, Class A2, 2.865%, 6/20/2051, 144A		2,756,174
	1,141,650	Planet Fitness Master Issuer LLC, Series 2019-1A, Class A2, 3.858%, 12/05/2049, 144A		988,036
	202,950	Planet Fitness Master Issuer LLC, Series 2022-1A, Class A2I, 3.251%, 12/05/2051, 144A		182,969
	11,053,125	Wendy’s Funding LLC, Series 2021-1A, Class A2I, 2.370%, 6/15/2051, 144A		9,271,571
				30,522,419
		Aerospace & Defense – 0.2%
	4,830,000	Boeing Co., 5.150%, 5/01/2030		4,860,197
	5,295,000	TransDigm, Inc., 6.750%, 8/15/2028, 144A		5,347,950
				10,208,147
		Airlines – 1.8%
	21,828,987	Air Canada Pass-Through Trust, Series 2020-2A, Class A, 5.250%, 10/01/2030, 144A		21,307,274
	2,910,400	American Airlines Pass-Through Trust, Series 2016-3, Class B, 3.750%, 4/15/2027		2,689,151
	2,673,333	American Airlines Pass-Through Trust, Series 2017-2, Class B, 3.700%, 4/15/2027		2,494,102
	35,695,750	Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.500%, 6/20/2027, 144A		35,580,810
	4,070,441	United Airlines Pass-Through Trust, Series 2014-1, Class A, 4.000%, 10/11/2027		3,837,501
	24,322,382	United Airlines Pass-Through Trust, Series 2020-1, Class A, 5.875%, 4/15/2029		24,162,827
	3,480,035	United Airlines Pass-Through Trust, Series 2020-1, Class B, 4.875%, 7/15/2027		3,355,763
				93,427,428
		Automotive – 1.0%
	9,890,000	Ford Motor Co., 4.750%, 1/15/2043		7,583,949
	1,560,000	Ford Motor Co., 6.625%, 2/15/2028		1,578,470

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Automotive – continued
$	1,580,000	Ford Motor Co., 7.500%, 8/01/2026	$	1,637,022
	4,310,000	General Motors Financial Co., Inc., 3.100%, 1/12/2032		3,511,818
	30,275,000	General Motors Financial Co., Inc., 3.600%, 6/21/2030		26,525,404
	10,060,000	General Motors Financial Co., Inc., 6.400%, 1/09/2033		10,371,694
	815,000	General Motors Financial Co., Inc., Series A, (fixed rate to 9/30/2027, variable rate thereafter), 5.750%(c)		659,527
	1,305,000	General Motors Financial Co., Inc., Series C, (fixed rate to 9/30/2030, variable rate thereafter), 5.700%(c)		1,123,148
				52,991,032
		Banking – 4.4%
	20,700,000	Ally Financial, Inc., Series B, (fixed rate to 5/15/2026, variable rate thereafter), 4.700%(c)		14,852,250
	15,605,000	Ally Financial, Inc., Series C, (fixed rate to 5/15/2028, variable rate thereafter), 4.700%(c)		10,408,535
	17,805,000	Barclays PLC, (fixed rate to 3/15/2028, variable rate thereafter), 4.375%(c)		12,171,721
	47,298,000	Barclays PLC, (fixed rate to 9/23/2030, variable rate thereafter), 3.564%, 9/23/2035		37,098,497
	14,253,000	BNP Paribas SA, (fixed rate to 8/12/2030, variable rate thereafter), 2.588%, 8/12/2035, 144A		10,912,952
	8,140,000	Credit Agricole SA, (fixed rate to 1/10/2028, variable rate thereafter), 4.000%, 1/10/2033		7,365,235
	605,000	Credit Suisse Group AG, (fixed rate to 1/12/2028, variable rate thereafter), 3.869%, 1/12/2029, 144A		538,633
	5,470,000	Credit Suisse Group AG, (fixed rate to 11/15/2032, variable rate thereafter), 9.016%, 11/15/2033, 144A		6,481,403
	510,000	Credit Suisse Group AG, (fixed rate to 5/14/2031, variable rate thereafter), 3.091%, 5/14/2032, 144A		410,025
	8,165,000	Credit Suisse Group AG, (fixed rate to 6/05/2025, variable rate thereafter), 2.193%, 6/05/2026, 144A		7,268,507
	11,755,000	Credit Suisse Group AG, (fixed rate to 7/15/2025, variable rate thereafter), 6.373%, 7/15/2026, 144A		11,359,973
	11,645,000	Credit Suisse Group AG, (fixed rate to 8/11/2027, variable rate thereafter), 6.442%, 8/11/2028, 144A		11,570,355
	8,545,000	Credit Suisse Group AG, (fixed rate to 8/12/2032, variable rate thereafter), 6.537%, 8/12/2033, 144A		8,800,325
	4,195,000	Deutsche Bank AG, (fixed rate to 10/07/2031, variable rate thereafter), 3.742%, 1/07/2033		3,035,119
	25,209,000	Deutsche Bank AG, (fixed rate to 10/14/2030, variable rate thereafter), 3.729%, 1/14/2032		18,800,625
	2,275,000	Deutsche Bank AG, (fixed rate to 12/01/2027, variable rate thereafter), 4.875%, 12/01/2032		1,848,140
	3,380,000	Intesa Sanpaolo SpA, (fixed rate to 6/01/2031, variable rate thereafter), 4.198%, 6/01/2032, 144A		2,430,761
	6,965,000	Morgan Stanley, (fixed rate to 1/19/2033, variable rate thereafter), 5.948%, 1/19/2038		6,926,112

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Banking – continued
$	22,550,000	NatWest Group PLC, (fixed rate to 8/28/2030, variable rate thereafter), 3.032%, 11/28/2035	$	17,207,679
	2,900,000	NatWest Group PLC, (fixed rate to 9/30/2027, variable rate thereafter), 5.516%, 9/30/2028		2,873,443
	4,370,000	Synchrony Bank, 5.400%, 8/22/2025		4,097,618
	8,885,000	Synchrony Bank, 5.625%, 8/23/2027		8,165,137
	22,400,000	UniCredit SpA, (fixed rate to 6/30/2030, variable rate thereafter), 5.459%, 6/30/2035, 144A		18,452,316
				223,075,361
		Brokerage – 0.1%
	5,731,000	Jefferies Financial Group, Inc., 6.250%, 1/15/2036		5,896,298
		Building Materials – 1.3%
	45,059,000	Cemex SAB de CV, 3.875%, 7/11/2031, 144A		37,539,282
	305,000	Cemex SAB de CV, (fixed rate to 3/14/2028, variable rate thereafter), 9.125%, 144A(c)		305,443
	15,360,000	Cemex SAB de CV, (fixed rate to 6/08/2026, variable rate thereafter), 5.125%, 144A(c)		13,754,112
	4,057,000	Masco Corp., 6.500%, 8/15/2032		4,308,666
	4,534,000	Masco Corp., 7.750%, 8/01/2029		5,074,590
	6,344,000	Owens Corning, 7.000%, 12/01/2036		7,061,647
				68,043,740
		Cable Satellite – 4.2%
	36,985,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.250%, 1/15/2034, 144A		28,926,708
	11,015,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 2.300%, 2/01/2032		8,392,756
	35,342,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 2.800%, 4/01/2031		28,449,026
	24,940,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 3.700%, 4/01/2051		15,961,036
	1,438,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 3.850%, 4/01/2061		896,573
	46,770,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 3.950%, 6/30/2062		29,634,992
	6,805,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 4.400%, 4/01/2033		6,038,835

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Cable Satellite – continued
$	5,935,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 5.125%, 7/01/2049	$	4,697,928
	3,070,000	CSC Holdings LLC, 3.375%, 2/15/2031, 144A		2,123,366
	475,000	CSC Holdings LLC, 4.125%, 12/01/2030, 144A		341,140
	205,000	CSC Holdings LLC, 4.500%, 11/15/2031, 144A		147,807
	45,882,000	CSC Holdings LLC, 4.625%, 12/01/2030, 144A		22,624,414
	1,875,000	CSC Holdings LLC, 5.000%, 11/15/2031, 144A		949,472
	22,585,000	CSC Holdings LLC, 5.375%, 2/01/2028, 144A		18,503,017
	1,390,000	CSC Holdings LLC, 5.750%, 1/15/2030, 144A		731,870
	9,430,000	DISH DBS Corp., 5.125%, 6/01/2029		5,021,475
	26,600,000	DISH DBS Corp., 5.250%, 12/01/2026, 144A		21,224,007
	4,415,000	DISH DBS Corp., 5.750%, 12/01/2028, 144A		3,294,694
	14,719,000	DISH DBS Corp., 7.750%, 7/01/2026		9,714,540
	6,190,000	Time Warner Cable LLC, 4.500%, 9/15/2042		4,753,624
	535,000	Time Warner Cable LLC, 5.875%, 11/15/2040		484,888
				212,912,168
		Chemicals – 0.4%
	1,995,000	Braskem Netherlands Finance BV, 4.500%, 1/31/2030, 144A		1,694,335
	10,170,000	Braskem Netherlands Finance BV, 5.875%, 1/31/2050, 144A		7,637,519
	4,310,000	Celanese U.S. Holdings LLC, 6.330%, 7/15/2029		4,357,453
	3,175,000	Celanese U.S. Holdings LLC, 6.379%, 7/15/2032		3,218,462
	1,360,000	INEOS Quattro Finance 2 PLC, 3.375%, 1/15/2026, 144A		1,232,495
				18,140,264
		Construction Machinery – 0.1%
	2,300,000	Ashtead Capital, Inc., 5.500%, 8/11/2032, 144A		2,259,425
	3,425,000	Ashtead Capital, Inc., 5.550%, 5/30/2033, 144A		3,384,272
				5,643,697

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Consumer Cyclical Services – 2.3%
	$2,700,000	Expedia Group, Inc., 2.950%, 3/15/2031	$	2,252,998
	5,976,000	Expedia Group, Inc., 3.250%, 2/15/2030		5,178,792
	14,700,000	TriNet Group, Inc., 3.500%, 3/01/2029, 144A		12,568,635
	33,255,000	Uber Technologies, Inc., 4.500%, 8/15/2029, 144A		30,303,619
	20,723,000	Uber Technologies, Inc., 6.250%, 1/15/2028, 144A		20,671,192
	44,403,000	Uber Technologies, Inc., 7.500%, 9/15/2027, 144A		45,784,377
	1,720,000	Uber Technologies, Inc., 8.000%, 11/01/2026, 144A		1,763,396
				118,523,009
		Consumer Products – 0.4%
	12,778,000	Avon Products, Inc., 8.450%, 3/15/2043		12,788,222
	9,385,000	Natura Cosmeticos SA, 4.125%, 5/03/2028, 144A		7,641,532
				20,429,754
		Electric – 0.9%
	27,504,380	Alta Wind Holdings LLC, 7.000%, 6/30/2035, 144A		26,479,823
	8,663,000	Enel Generacion Chile SA, 7.875%, 2/01/2027		9,281,282
	7,615,000	Pacific Gas & Electric Co., 4.300%, 3/15/2045		5,728,793
	3,790,000	Pacific Gas & Electric Co., 5.450%, 6/15/2027		3,750,149
				45,240,047
		Finance Companies – 4.6%
	7,880,000	AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 3.000%, 10/29/2028		6,879,415
	12,050,000	AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 3.300%, 1/30/2032		9,982,553
	3,100,000	AGFC Capital Trust I, 3 mo. USD LIBOR + 1.750%, 6.542%, 1/15/2067, 144A(d)		1,587,262
	6,606,000	Air Lease Corp., 4.625%, 10/01/2028		6,268,178
	17,166,000	Air Lease Corp., Series B, (fixed rate to 6/15/2026, variable rate thereafter), 4.650%(c)		14,255,738
	5,325,000	Aircastle Ltd., Series A (fixed rate to 6/15/2026, variable rate thereafter), 5.250%, 144A(c)		3,885,120
	12,465,000	Ares Capital Corp., 2.875%, 6/15/2028		10,250,099
	17,495,000	Ares Capital Corp., 3.200%, 11/15/2031		13,339,644

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Finance Companies – continued
	$3,260,000	Aviation Capital Group LLC, 1.950%, 1/30/2026, 144A	$	2,898,998
	6,740,000	Aviation Capital Group LLC, 6.250%, 4/15/2028, 144A		6,746,066
	9,790,000	Barings BDC, Inc., 3.300%, 11/23/2026		8,664,523
	22,260,000	Blackstone Secured Lending Fund, 2.125%, 2/15/2027		18,568,609
	11,475,000	FS KKR Capital Corp., 3.125%, 10/12/2028		9,389,997
	10,145,000	OneMain Finance Corp., 7.125%, 3/15/2026		9,752,287
	7,975,000	Owl Rock Capital Corp., 2.875%, 6/11/2028		6,466,431
	14,750,000	Owl Rock Capital Corp., 4.250%, 1/15/2026		13,548,415
	13,420,000	Owl Rock Technology Finance Corp., 4.750%, 12/15/2025, 144A		12,057,557
	30,029,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 2.875%, 10/15/2026, 144A		26,875,955
	19,614,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.625%, 3/01/2029, 144A		16,839,600
	28,741,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.875%, 3/01/2031, 144A		23,830,313
	15,738,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 4.000%, 10/15/2033, 144A		12,493,611
				234,580,371
		Financial Other – 1.4%
	9,560,000	Agile Group Holdings Ltd., 6.050%, 10/13/2025		4,455,534
	2,700,000	Central China Real Estate Ltd., 7.250%, 4/24/2023		823,046
	3,680,000	Central China Real Estate Ltd., 7.250%, 7/16/2024		801,430
	1,455,000	Central China Real Estate Ltd., 7.250%, 8/13/2024		308,984
	3,675,000	Central China Real Estate Ltd., 7.500%, 7/14/2025		770,574
	945,000	Central China Real Estate Ltd., 7.650%, 8/27/2023		237,034
	730,000	Central China Real Estate Ltd., 7.750%, 5/24/2024		160,855
	2,815,000	CIFI Holdings Group Co. Ltd., 6.000%, 7/16/2025(e)		591,403
	990,000	CIFI Holdings Group Co. Ltd., 6.450%, 11/07/2024(e)		207,761
	7,770,000	Country Garden Holdings Co. Ltd., 3.300%, 1/12/2031		3,582,048
	36,625,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.375%, 2/01/2029		31,497,500

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Financial Other – continued
$	19,485,000	Kaisa Group Holdings Ltd., 9.375%, 6/30/2024(f)	$	2,415,166
	1,845,000	Kaisa Group Holdings Ltd., 9.950%, 7/23/2025(f)		230,201
	2,400,000	Kaisa Group Holdings Ltd., 10.500%, 1/15/2025(f)		299,928
	24,005,000	Kaisa Group Holdings Ltd., 11.250%, 4/16/2025(f)		3,002,305
	1,305,000	Kaisa Group Holdings Ltd., 11.650%, 6/01/2026(f)		161,468
	1,735,000	Kaisa Group Holdings Ltd., 11.700%, 11/11/2025(f)		216,459
	5,965,000	Logan Group Co. Ltd., 4.250%, 7/12/2025(f)		1,360,259
	5,148,000	Logan Group Co. Ltd., 4.850%, 12/14/2026(f)		1,184,864
	2,635,000	Nationstar Mortgage Holdings, Inc., 5.125%, 12/15/2030, 144A		2,024,800
	11,480,000	Nationstar Mortgage Holdings, Inc., 5.500%, 8/15/2028, 144A		9,844,100
	6,195,000	Shimao Group Holdings Ltd., 3.450%, 1/11/2031(f)		930,241
	400,000	Shimao Group Holdings Ltd., 4.600%, 7/13/2030(f)		56,144
	1,515,000	Shimao Group Holdings Ltd., 5.200%, 1/16/2027(f)		215,196
	4,675,000	Shimao Group Holdings Ltd., 5.600%, 7/15/2026(f)		682,784
	1,465,000	Shimao Group Holdings Ltd., 6.125%, 2/21/2024(f)		215,384
	575,000	Sunac China Holdings Ltd., 5.950%, 4/26/2024(f)		137,040
	6,810,000	Sunac China Holdings Ltd., 6.500%, 1/10/2025(f)		1,628,816
	3,575,000	Sunac China Holdings Ltd., 6.500%, 1/26/2026(f)		853,710
	460,000	Sunac China Holdings Ltd., 6.650%, 8/03/2024(f)		110,345
	5,930,000	Sunac China Holdings Ltd., 7.000%, 7/09/2025(f)		1,419,345
	1,120,000	Times China Holdings Ltd., 5.750%, 1/14/2027(f)		168,571
	7,485,000	Times China Holdings Ltd., 6.200%, 3/22/2026(f)		1,124,397
	440,000	Times China Holdings Ltd., 6.750%, 7/08/2025(f)		68,402
	3,175,000	Yuzhou Group Holdings Co. Ltd., 6.350%, 1/13/2027(f)		288,362
	6,250,000	Yuzhou Group Holdings Co. Ltd., 7.700%, 2/20/2025(f)		601,937
	1,585,000	Yuzhou Group Holdings Co. Ltd., 7.850%, 8/12/2026(f)		143,954

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Financial Other – continued
	$4,025,000	Yuzhou Group Holdings Co. Ltd., 8.300%, 5/27/2025(f)	$	358,762
				73,179,109
		Food & Beverage – 0.4%
	5,695,000	JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., 3.000%, 2/02/2029, 144A		4,851,286
	17,905,000	Pilgrim’s Pride Corp., 3.500%, 3/01/2032		14,571,089
	995,000	Pilgrim’s Pride Corp., 4.250%, 4/15/2031		877,620
				20,299,995
		Gaming – 1.0%
	19,755,000	Genm Capital Labuan Ltd., 3.882%, 4/19/2031, 144A		15,349,060
	5,810,000	GLP Capital LP/GLP Financing II, Inc., 3.250%, 1/15/2032		4,714,002
	415,000	Scientific Games International, Inc., 7.250%, 11/15/2029, 144A		415,801
	10,488,000	VICI Properties LP/VICI Note Co., Inc., 4.250%, 12/01/2026, 144A		9,785,474
	8,621,000	VICI Properties LP/VICI Note Co., Inc., 4.500%, 9/01/2026, 144A		8,109,400
	7,500,000	VICI Properties LP/VICI Note Co., Inc., 4.625%, 6/15/2025, 144A		7,251,106
	6,163,000	VICI Properties LP/VICI Note Co., Inc., 5.625%, 5/01/2024, 144A		6,109,105
				51,733,948
		Government Owned - No Guarantee – 1.2%
	27,210,000	Antares Holdings LP, 8.500%, 5/18/2025, 144A		27,542,041
	8,465,000	Pertamina Persero PT, 6.450%, 5/30/2044, 144A		8,654,629
	28,145,000	Petroleos Mexicanos, 5.950%, 1/28/2031		21,539,425
	2,735,000	Sino-Ocean Land Treasure IV Ltd., 4.750%, 8/05/2029		1,068,811
	5,250,000	Sino-Ocean Land Treasure IV Ltd., 4.750%, 1/14/2030		1,980,615
				60,785,521
		Health Insurance – 0.7%
	245,000	Centene Corp., 2.450%, 7/15/2028		213,150
	23,625,000	Centene Corp., 2.500%, 3/01/2031		19,131,525
	8,940,000	Centene Corp., 2.625%, 8/01/2031		7,244,171
	6,921,000	Centene Corp., 3.000%, 10/15/2030		5,828,043

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Health Insurance – continued
	$6,470,000	Molina Healthcare, Inc., 3.875%, 5/15/2032, 144A	$	5,437,396
				37,854,285
		Healthcare – 0.2%
	9,725,000	HCA, Inc., 4.125%, 6/15/2029		9,109,735
		Home Construction – 0.3%
	12,840,000	PulteGroup, Inc., 6.000%, 2/15/2035		12,991,524
		Independent Energy – 3.5%
	17,555,000	Aker BP ASA, 4.000%, 1/15/2031, 144A		15,940,670
	14,715,000	Continental Resources, Inc., 2.875%, 4/01/2032, 144A		11,426,125
	54,380,000	Continental Resources, Inc., 5.750%, 1/15/2031, 144A		52,258,298
	3,985,000	Devon Energy Corp., 4.500%, 1/15/2030		3,805,895
	12,510,000	Energean Israel Finance Ltd., 5.875%, 3/30/2031, 144A		10,930,612
	2,690,000	EQT Corp., 3.125%, 5/15/2026, 144A		2,488,115
	11,721,000	EQT Corp., 3.625%, 5/15/2031, 144A		10,159,919
	11,753,000	EQT Corp., 3.900%, 10/01/2027		11,046,880
	2,329,000	EQT Corp., 5.000%, 1/15/2029		2,208,297
	2,215,000	EQT Corp., 5.700%, 4/01/2028		2,212,597
	10,210,000	EQT Corp., 7.000%, 2/01/2030		10,686,603
	15,296,000	Ovintiv, Inc., 6.500%, 8/15/2034		15,463,569
	828,000	Ovintiv, Inc., 6.500%, 2/01/2038		825,915
	4,156,000	Ovintiv, Inc., 6.625%, 8/15/2037		4,192,074
	553,000	Ovintiv, Inc., 7.200%, 11/01/2031		588,262
	1,815,000	Ovintiv, Inc., 7.375%, 11/01/2031		1,955,298
	2,285,000	Ovintiv, Inc., 8.125%, 9/15/2030		2,536,368
	190,000	Range Resources Corp., 4.875%, 5/15/2025		186,278
	27,050,000	Sanchez Energy Corp., 6.125%, 1/15/2023(f)		169,063
	12,420,000	Sanchez Energy Corp., 7.750%, 6/15/2021(f)		77,625

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Independent Energy – continued
$	2,150,000	Southwestern Energy Co., 4.750%, 2/01/2032	$	1,898,428
	4,695,000	Var Energi ASA, 7.500%, 1/15/2028, 144A		4,860,690
	10,345,000	Var Energi ASA, 8.000%, 11/15/2032, 144A		11,010,080
				176,927,661
		Industrial Other – 0.1%
	5,995,000	TopBuild Corp., 4.125%, 2/15/2032, 144A		5,009,724
		Leisure – 1.0%
	13,160,000	Carnival Corp., 5.750%, 3/01/2027, 144A		10,795,543
	3,415,000	Carnival Corp., 6.000%, 5/01/2029, 144A		2,714,925
	10,030,000	NCL Corp. Ltd., 5.875%, 3/15/2026, 144A		8,536,332
	7,630,000	NCL Corp. Ltd., 5.875%, 2/15/2027, 144A		7,114,441
	3,695,000	NCL Finance Ltd., 6.125%, 3/15/2028, 144A		2,993,837
	18,780,000	Royal Caribbean Cruises Ltd., 5.500%, 4/01/2028, 144A		16,580,580
				48,735,658
		Life Insurance – 3.4%
	5,935,000	Athene Global Funding, 1.716%, 1/07/2025, 144A		5,515,586
	6,099,000	Brighthouse Financial, Inc., 4.700%, 6/22/2047		4,455,475
	20,335,000	Brighthouse Financial, Inc., 5.625%, 5/15/2030		19,638,288
	2,030,000	MetLife, Inc., 9.250%, 4/08/2068, 144A		2,395,294
	10,175,000	MetLife, Inc., 10.750%, 8/01/2069		13,178,372
	57,985,000	Mutual of Omaha Insurance Co., 6.800%, 6/15/2036, 144A		60,972,843
	38,476,000	National Life Insurance Co., 10.500%, 9/15/2039, 144A		51,414,709
	12,950,000	NLV Financial Corp., 7.500%, 8/15/2033, 144A		14,420,213
				171,990,780
		Lodging – 1.0%
	11,490,000	Hilton Domestic Operating Co., Inc., 3.625%, 2/15/2032, 144A		9,694,687
	2,475,000	Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, 4.875%, 7/01/2031, 144A		2,113,675

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Lodging – continued
$	8,090,000	Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, 5.000%, 6/01/2029, 144A	$	7,185,419
	11,290,000	Marriott International, Inc., Series HH, 2.850%, 4/15/2031		9,616,874
	6,155,000	Marriott Ownership Resorts, Inc., 4.500%, 6/15/2029, 144A		5,239,444
	10,440,000	Travel & Leisure Co., 4.500%, 12/01/2029, 144A		9,053,504
	11,584,000	Travel & Leisure Co., 4.625%, 3/01/2030, 144A		9,913,627
				52,817,230
		Media Entertainment – 1.8%
	5,896,000	iHeartCommunications, Inc., 4.750%, 1/15/2028, 144A		4,657,840
	2,905,000	iHeartCommunications, Inc., 5.250%, 8/15/2027, 144A		2,374,838
	6,415,000	iHeartCommunications, Inc., 8.375%, 5/01/2027		4,666,913
	2,110,000	Netflix, Inc., 4.875%, 4/15/2028		2,099,450
	22,040,000	Netflix, Inc., 4.875%, 6/15/2030, 144A		21,941,812
	2,757,000	Netflix, Inc., 5.375%, 11/15/2029, 144A		2,800,933
	13,137,000	Netflix, Inc., 5.875%, 11/15/2028		13,805,016
	17,879,000	Netflix, Inc., 6.375%, 5/15/2029		19,143,045
	4,640,000	Warnermedia Holdings, Inc., 4.054%, 3/15/2029, 144A		4,314,875
	16,368,000	Warnermedia Holdings, Inc., 4.279%, 3/15/2032, 144A		14,604,839
				90,409,561
		Metals & Mining – 2.3%
	22,660,000	Anglo American Capital PLC, 2.875%, 3/17/2031, 144A		18,965,897
	19,906,000	ArcelorMittal SA, 6.750%, 3/01/2041		20,176,987
	470,000	ArcelorMittal SA, 7.000%, 10/15/2039		493,857
	7,370,000	First Quantum Minerals Ltd., 6.875%, 3/01/2026, 144A		7,148,950
	31,810,000	First Quantum Minerals Ltd., 6.875%, 10/15/2027, 144A		30,665,846
	9,200,000	First Quantum Minerals Ltd., 7.500%, 4/01/2025, 144A		9,192,456
	14,665,000	FMG Resources August 2006 Pty. Ltd., 4.375%, 4/01/2031, 144A		12,861,205

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Metals & Mining – continued
$	18,565,000	Glencore Funding LLC, 2.500%, 9/01/2030, 144A	$	15,549,116
	2,865,000	Volcan Cia Minera SAA, 4.375%, 2/11/2026, 144A		2,371,077
				117,425,391
		Midstream – 1.0%
	1,955,000	Cheniere Energy Partners LP, 4.500%, 10/01/2029		1,816,216
	9,050,000	DCP Midstream Operating LP, 6.450%, 11/03/2036, 144A		9,386,117
	13,095,000	Energy Transfer LP, 5.750%, 2/15/2033		13,411,637
	1,090,000	EnLink Midstream LLC, 6.500%, 9/01/2030, 144A		1,102,219
	3,745,000	Hess Midstream Operations LP, 4.250%, 2/15/2030, 144A		3,344,659
	205,000	NGPL PipeCo LLC, 7.768%, 12/15/2037, 144A		225,903
	5,300,000	Targa Resources Partners LP/Targa Resources Partners Finance Corp., 4.000%, 1/15/2032		4,634,850
	1,365,000	Targa Resources Partners LP/Targa Resources Partners Finance Corp., 4.875%, 2/01/2031		1,277,210
	1,380,000	Targa Resources Partners LP/Targa Resources Partners Finance Corp., 5.500%, 3/01/2030		1,348,577
	2,635,000	Western Midstream Operating LP, 4.300%, 2/01/2030		2,398,627
	6,105,000	Western Midstream Operating LP, 5.300%, 3/01/2048		5,172,828
	1,130,000	Western Midstream Operating LP, 5.450%, 4/01/2044		985,383
	840,000	Western Midstream Operating LP, 5.500%, 8/15/2048		723,383
	3,495,000	Western Midstream Operating LP, 5.500%, 2/01/2050		2,965,507
	1,090,000	Western Midstream Operating LP, 6.150%, 4/01/2033		1,104,782
				49,897,898
		Mortgage Related – 0.0%
	3,820	Federal Home Loan Mortgage Corp., 5.000%, 12/01/2031		3,836
		Non-Agency Commercial Mortgage-Backed Securities – 1.5%
	505,000	BBSG Mortgage Trust, Series 2016-MRP, Class A, 3.275%, 6/05/2036, 144A		405,344
	11,095,000	BPR Trust, Series 2021-NRD, Class F, 1 mo. USD SOFR + 6.870%, 11.530%, 12/15/2038, 144A(d)		9,751,690
	7,790,000	BPR Trust, Series 2022-STAR, Class A, 1 mo. USD SOFR + 3.232%, 8.059%, 8/15/2024, 144A(d)		7,769,546
	1,800,091	Commercial Mortgage Pass-Through Certificates, Series 2012-CR3, Class AM, 3.416%, 10/15/2045, 144A		1,615,582

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Non-Agency Commercial Mortgage-Backed Securities – continued
$	172,054	Commercial Mortgage Pass-Through Certificates, Series 2012-LTRT, Class A2, 3.400%, 10/05/2030, 144A	$	151,877
	2,203,335	Commercial Mortgage Trust, Series 2012-LC4, Class B, 4.934%, 12/10/2044(a)		2,125,947
	6,710,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class B, 4.185%, 9/15/2037, 144A		5,788,129
	630,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class C, 4.336%, 9/15/2037, 144A		517,109
	2,530,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class D, 4.373%, 9/15/2037, 144A		1,902,719
	4,217,150	Extended Stay America Trust, Series 2021-ESH, Class C, 1 mo. USD LIBOR + 1.700%, 6.385%, 7/15/2038, 144A(d)		4,084,077
	3,031,077	Extended Stay America Trust, Series 2021-ESH, Class D, 1 mo. USD LIBOR + 2.250%, 6.935%, 7/15/2038, 144A(d)		2,886,635
	2,640,684	GS Mortgage Securities Corp. Trust, Series 2013-G1, Class B, 3.872%, 4/10/2031, 144A(a)		2,455,836
	3,760,000	GS Mortgage Securities Corp. Trust, Series 2013-PEMB, Class B, 3.550%, 3/05/2033, 144A(a)		3,252,485
	435,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2012-LC9, Class D, 3.784%, 12/15/2047, 144A(a)		391,494
	1,899,357	MedTrust, Series 2021-MDLN, Class B, 1 mo. USD LIBOR + 1.450%, 6.135%, 11/15/2038, 144A(d)		1,815,756
	6,042,050	MedTrust, Series 2021-MDLN, Class C, 1 mo. USD LIBOR + 1.800%, 6.485%, 11/15/2038, 144A(d)		5,761,107
	2,492,595	MedTrust, Series 2021-MDLN, Class D, 1 mo. USD LIBOR + 2.000%, 6.685%, 11/15/2038, 144A(d)		2,372,055
	1,705,000	Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C11, Class B, 4.368%, 8/15/2046(a)		1,057,270
	1,372,301	MSBAM Commercial Mortgage Securities Trust, Series 2012-CKSV, Class A2, 3.277%, 10/15/2030, 144A		1,092,422
	586,959	UBS-Barclays Commercial Mortgage Trust, Series 2012-TFT, Class A, 2.892%, 6/05/2030, 144A		537,120
	9,076,751	Wells Fargo Commercial Mortgage Trust, Series 2013-LC12, Class B, 4.364%, 7/15/2046(a)		6,773,171
	4,970,000	Wells Fargo Commercial Mortgage Trust, Series 2016-C36, Class B, 3.671%, 11/15/2059(a)		4,215,862
	1,955,000	WFRBS Commercial Mortgage Trust, Series 2012-C10, Class B, 3.744%, 12/15/2045		1,730,175
	7,750,000	WFRBS Commercial Mortgage Trust, Series 2013-C15, Class B, 4.511%, 8/15/2046(a)		6,860,377
	2,915,000	WFRBS Commercial Mortgage Trust, Series 2014-C20, Class B, 4.378%, 5/15/2047		2,317,667
				77,631,452
		Other REITs – 0.1%
	4,125,000	EPR Properties, 3.600%, 11/15/2031		3,086,017
		Paper – 0.1%
	3,445,000	WestRock MWV LLC, 7.950%, 2/15/2031		3,969,208

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Paper – continued
$	2,252,000	Weyerhaeuser Co., 7.375%, 3/15/2032	$	2,587,673
				6,556,881
		Pharmaceuticals – 1.8%
	11,605,000	Bausch Health Cos., Inc., 4.875%, 6/01/2028, 144A		6,846,950
	5,560,000	Bausch Health Cos., Inc., 5.000%, 1/30/2028, 144A		2,112,800
	580,000	Bausch Health Cos., Inc., 5.000%, 2/15/2029, 144A		227,168
	4,435,000	Bausch Health Cos., Inc., 5.250%, 1/30/2030, 144A		1,655,053
	3,015,000	Bausch Health Cos., Inc., 5.250%, 2/15/2031, 144A		1,165,162
	640,000	Bausch Health Cos., Inc., 6.250%, 2/15/2029, 144A		255,475
	1,045,000	Bausch Health Cos., Inc., 7.000%, 1/15/2028, 144A		415,095
	9,370,000	Teva Pharmaceutical Finance Co. LLC, 6.150%, 2/01/2036		8,508,241
	7,475,000	Teva Pharmaceutical Finance Netherlands II BV, 7.375%, 9/15/2029, (EUR)		8,207,970
	6,270,000	Teva Pharmaceutical Finance Netherlands II BV, 7.875%, 9/15/2031, (EUR)		7,004,353
	5,031,000	Teva Pharmaceutical Finance Netherlands III BV, 3.150%, 10/01/2026		4,553,055
	25,967,000	Teva Pharmaceutical Finance Netherlands III BV, 4.100%, 10/01/2046		17,301,688
	15,545,000	Teva Pharmaceutical Finance Netherlands III BV, 4.750%, 5/09/2027		14,510,130
	10,545,000	Teva Pharmaceutical Finance Netherlands III BV, 5.125%, 5/09/2029		9,550,729
	5,520,000	Teva Pharmaceutical Finance Netherlands III BV, 7.875%, 9/15/2029		5,775,300
	3,965,000	Teva Pharmaceutical Finance Netherlands III BV, 8.125%, 9/15/2031		4,162,064
				92,251,233
		Property & Casualty Insurance – 0.3%
	13,985,000	MBIA Insurance Corp., 3 mo. USD LIBOR + 11.260%, 16.052%, 1/15/2033, 144A(b)(e)		1,398,500
	80,000	MBIA Insurance Corp., 3 mo. USD LIBOR + 11.260%, 16.453%, 1/15/2033(b)(e)		8,000
	17,110,000	Stewart Information Services Corp., 3.600%, 11/15/2031		13,452,801
				14,859,301
		Retailers – 0.6%
	4,680,000	Dillard’s, Inc., 7.000%, 12/01/2028		4,736,066

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Retailers – continued
	$7,182,000	Dillard’s, Inc., 7.750%, 7/15/2026	$	7,416,421
	2,250,000	Dillard’s, Inc., 7.750%, 5/15/2027		2,344,725
	7,545,000	Lithia Motors, Inc., 3.875%, 6/01/2029, 144A		6,524,312
	9,245,000	Marks & Spencer PLC, 7.125%, 12/01/2037, 144A		8,541,178
				29,562,702
		Technology – 4.7%
	15,580,000	Avnet, Inc., 5.500%, 6/01/2032		15,182,232
	8,675,000	Block, Inc., 3.500%, 6/01/2031		7,124,344
	5,785,000	Broadcom, Inc., 3.137%, 11/15/2035, 144A		4,449,008
	13,741,000	Broadcom, Inc., 4.150%, 11/15/2030		12,743,554
	2,346,000	CDW LLC/CDW Finance Corp., 2.670%, 12/01/2026		2,110,269
	2,854,000	CDW LLC/CDW Finance Corp., 3.250%, 2/15/2029		2,510,064
	27,510,000	CDW LLC/CDW Finance Corp., 3.569%, 12/01/2031		23,662,176
	1,350,000	CDW LLC/CDW Finance Corp., 4.250%, 4/01/2028		1,258,066
	14,400,000	CommScope Technologies LLC, 5.000%, 3/15/2027, 144A		10,528,848
	16,765,000	CommScope, Inc., 4.750%, 9/01/2029, 144A		13,973,963
	19,780,000	Entegris Escrow Corp., 4.750%, 4/15/2029, 144A		18,700,064
	945,000	Gartner, Inc., 3.625%, 6/15/2029, 144A		843,228
	4,710,000	Global Payments, Inc., 2.900%, 5/15/2030		3,988,322
	5,390,000	Global Payments, Inc., 2.900%, 11/15/2031		4,414,073
	3,460,000	Global Payments, Inc., 5.300%, 8/15/2029		3,416,780
	7,515,000	Global Payments, Inc., 5.400%, 8/15/2032		7,368,280
	13,265,000	Iron Mountain, Inc., 4.875%, 9/15/2029, 144A		11,921,454
	10,470,000	Leidos, Inc., 5.750%, 3/15/2033		10,700,770
	8,630,000	Marvell Technology, Inc., 2.950%, 4/15/2031		7,206,487
	15,190,000	Micron Technology, Inc., 5.875%, 2/09/2033		15,357,886

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Technology – continued
$	19,330,000	Micron Technology, Inc., 6.750%, 11/01/2029	$	20,534,661
	2,080,000	NXP BV/NXP Funding LLC/NXP USA, Inc., 4.400%, 6/01/2027		2,054,861
	4,150,000	Open Text Corp., 6.900%, 12/01/2027, 144A		4,281,140
	18,900,000	Oracle Corp., 3.950%, 3/25/2051		14,221,824
	5,830,000	Oracle Corp., 6.150%, 11/09/2029		6,209,696
	845,000	Seagate HDD Cayman, 4.091%, 6/01/2029		755,100
	615,825	Seagate HDD Cayman, 9.625%, 12/01/2032, 144A		690,135
	6,775,000	Western Digital Corp., 2.850%, 2/01/2029		5,504,281
	10,601,000	Western Digital Corp., 4.750%, 2/15/2026		10,171,177
				241,882,743
		Treasuries – 12.7%
	222,380,000	U.S. Treasury Bonds, 3.250%, 5/15/2042(g)		205,154,236
	198,045,000	U.S. Treasury Notes, 0.125%, 6/30/2023		195,885,252
	76,545,000	U.S. Treasury Notes, 0.500%, 11/30/2023		74,443,003
	73,585,000	U.S. Treasury Notes, 0.875%, 1/31/2024		71,259,599
	103,730,000	U.S. Treasury Notes, 1.500%, 2/29/2024		100,824,750
				647,566,840
		Wireless – 1.0%
	9,835,000	IHS Holding Ltd., 5.625%, 11/29/2026, 144A		8,242,713
	8,000,000	SoftBank Group Corp., 4.625%, 7/06/2028		6,711,600
	3,695,000	SoftBank Group Corp., 5.250%, 7/06/2031		3,090,868
	35,370,000	T-Mobile USA, Inc., 3.375%, 4/15/2029		32,246,383
				50,291,564
		Wirelines – 0.1%
	3,825,000	Cincinnati Bell Telephone Co. LLC, 6.300%, 12/01/2028		3,165,034
		Total Non-Convertible Bonds (Identified Cost $4,417,348,615)		3,874,294,216

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Convertible Bonds – 4.8%
		Airlines – 0.4%
$	17,869,000	Southwest Airlines Co., 1.250%, 5/01/2025	$	20,299,184
		Cable Satellite – 1.9%
	195,000	Cable One, Inc., Zero Coupon, 6.042%, 3/15/2026(h)		153,855
	184,765,000	DISH Network Corp., 3.375%, 8/15/2026		95,153,990
				95,307,845
		Consumer Cyclical Services – 0.3%
	1,520,000	Peloton Interactive, Inc., Zero Coupon, 0.519%-0.987%, 2/15/2026(i)		1,148,816
	18,940,000	Uber Technologies, Inc., Zero Coupon, 0.000%-5.582%, 12/15/2025(i)		16,636,138
				17,784,954
		Electric – 0.0%
	1,805,000	PPL Capital Funding, Inc., 2.875%, 3/15/2028, 144A		1,811,652
		Gaming – 0.1%
	3,339,000	Penn Entertainment, Inc., 2.750%, 5/15/2026		4,798,143
		Healthcare – 0.6%
	36,387,000	Teladoc Health, Inc., 1.250%, 6/01/2027		28,065,042
		Leisure – 0.1%
	9,795,000	NCL Corp. Ltd., 1.125%, 2/15/2027		7,018,411
		Media Entertainment – 0.3%
	8,590,000	Snap, Inc., Zero Coupon, 6.697%-7.641%, 5/01/2027(i)		6,257,815
	7,780,000	Spotify USA, Inc., Zero Coupon, 5.189%-5.873%, 3/15/2026(i)		6,511,860
				12,769,675
		Pharmaceuticals – 1.0%
	13,963,000	BioMarin Pharmaceutical, Inc., 0.599%, 8/01/2024		14,325,745
	27,688,000	BioMarin Pharmaceutical, Inc., 1.250%, 5/15/2027		28,878,741
	6,370,000	Livongo Health, Inc., 0.875%, 6/01/2025		5,660,064
				48,864,550
		Technology – 0.1%
	7,845,000	Unity Software, Inc., Zero Coupon, 7.084%-8.213%, 11/15/2026(i)		6,075,952

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
	Convertible Bonds – continued
		Total Convertible Bonds (Identified Cost $363,131,150)	$	242,795,408
	Municipals – 1.6%
		Virginia – 1.6%
$	89,440,000	Tobacco Settlement Financing Corp., Series A-1, 6.706%, 6/01/2046 (Identified Cost $88,797,356)		82,898,457
		Total Bonds and Notes (Identified Cost $4,869,277,121)		4,199,988,081
	Senior Loans – 0.5%
		Consumer Cyclical Services – 0.1%
	6,448,838	Uber Technologies, Inc., 2023 Term Loan B, 3 mo. USD SOFR + 2.750%, 7.870%, 3/03/2030(d)(j)		6,430,716
		Independent Energy – 0.3%
	16,469,000	Ascent Resources—Utica, 2020 Fixed 2nd Lien Term Loan, 3 mo. USD LIBOR + 9.000%, 13.815%, 11/01/2025(d)(k)		17,443,471
		Leisure – 0.1%
	2,024,874	Carnival Corp., 2021 Incremental Term Loan B, 1 mo. USD LIBOR + 3.250%, 8.090%, 10/18/2028(d)(l)		1,974,880
	2,633,231	Carnival Corp., USD Term Loan B, 1 mo. USD LIBOR + 3.000%, 7.840%, 6/30/2025(d)(l)		2,593,074
				4,567,954
		Total Senior Loans (Identified Cost $27,496,597)		28,442,141
	Collateralized Loan Obligations – 4.3%
	9,977,000	522 Funding CLO Ltd., Series 2018-3A, Class DR, 3 mo. USD LIBOR + 3.100%, 7.908%, 10/20/2031, 144A(d)		9,106,577
	7,140,000	AGL CLO 12 Ltd., Series 2021-12A, Class B, 3 mo. USD LIBOR + 1.600%, 6.408%, 7/20/2034, 144A(d)		6,868,837
	7,240,000	AGL CLO 12 Ltd., Series 2021-12A, Class D, 3 mo. USD LIBOR + 2.850%, 7.658%, 7/20/2034, 144A(d)		6,766,432
	1,805,000	AGL CLO 7 Ltd., Series 2020-7A, Class DR, 3 mo. USD LIBOR + 3.100%, 7.892%, 7/15/2034, 144A(d)		1,698,902
	10,050,000	AIG CLO LLC, Series 2021-1A, Class D, 3 mo. USD LIBOR + 2.950%, 7.765%, 4/22/2034, 144A(d)		9,136,947
	5,605,000	AIG CLO LLC, Series 2021-2A, Class D, 3 mo. USD LIBOR + 3.050%, 7.858%, 7/20/2034, 144A(d)		5,087,126
	7,810,000	AIMCO CLO 12 Ltd., Series 2020-12A, Class AR, 3 mo. USD SOFR + 1.170%, 5.828%, 1/17/2032, 144A(d)		7,681,737
	3,955,000	ARES Loan Funding I Ltd., Series 2021-ALFA, Class D, 3 mo. USD LIBOR + 3.000%, 7.792%, 10/15/2034, 144A(d)		3,738,187
	5,225,000	Bain Capital Credit CLO Ltd., Series 2017-2A, Class DR2, 3 mo. USD LIBOR + 3.100%, 7.918%, 7/25/2034, 144A(d)		4,940,859
	1,340,000	Ballyrock CLO Ltd., Series 2019-2A, Class A2R, 3 mo. USD LIBOR + 1.400%, 6.315%, 11/20/2030, 144A(d)		1,292,798
	10,720,000	Benefit Street Partners CLO XVI Ltd., Series 2018-16A, Class CR, 3 mo. USD LIBOR + 2.000%, 6.792%, 1/17/2032, 144A(d)		10,072,801

Principal Amount (‡)		Description	Value (†)
	Collateralized Loan Obligations – continued
$	2,245,000	Benefit Street Partners CLO XVI Ltd., Series 2018-16A, Class DR, 3 mo. USD LIBOR + 3.000%, 7.792%, 1/17/2032, 144A(d)	$	2,061,381
	5,225,000	CarVal CLO III Ltd., Series 2019-2A, Class DR, 3 mo. USD LIBOR + 2.950%, 7.758%, 7/20/2032, 144A(d)		4,740,114
	6,075,000	Crown City CLO I, Series 2020-1A, Class CR, 3 mo. USD LIBOR + 3.420%, 8.228%, 7/20/2034, 144A(d)		5,256,078
	4,085,000	Elmwood CLO VIII Ltd., Series 2021-1A, Class D2, 3 mo. USD LIBOR + 2.850%, 7.658%, 1/20/2034, 144A(d)		3,859,708
	8,760,000	LCM 30 Ltd., Series 30A, Class BR, 3 mo. USD LIBOR + 1.500%, 6.308%, 4/20/2031, 144A(d)		8,458,919
	1,470,000	LCM 30 Ltd., Series 30A, Class CR, 3 mo. USD LIBOR + 2.000%, 6.808%, 4/20/2031, 144A(d)		1,356,215
	4,215,000	LCM 30 Ltd., Series 30A, Class DR, 3 mo. USD LIBOR + 3.000%, 7.808%, 4/20/2031, 144A(d)		3,676,161
	15,835,000	Madison Park Funding XXIII Ltd., Series 2017-23A, Class DR, 3 mo. USD LIBOR + 3.200%, 8.015%, 7/27/2031, 144A(d)		14,764,126
	1,260,000	Madison Park Funding XXXI Ltd., Series 2018-31A, Class D, 3 mo. USD LIBOR + 3.000%, 7.815%, 1/23/2031, 144A(d)		1,196,220
	9,225,000	Neuberger Berman CLO XX Ltd., Series 2015-20A, Class BRR, 3 mo. USD LIBOR + 1.650%, 6.442%, 7/15/2034, 144A(d)		8,938,222
	11,920,000	OCP CLO Ltd., Series 2019-17A, Class DR, 3 mo. USD LIBOR + 3.100%, 7.908%, 7/20/2032, 144A(d)		10,759,869
	10,585,000	Octagon Investment Partners 42 Ltd., Series 2019-3A, Class DR, 3 mo. USD LIBOR + 3.150%, 7.942%, 7/15/2034, 144A(d)		9,955,076
	4,920,000	Octagon Investment Partners 46 Ltd., Series 2020-2A, Class DR, 3 mo. USD LIBOR + 3.300%, 8.092%, 7/15/2036, 144A(d)		4,539,792
	12,430,000	OHA Credit Funding 3 Ltd., Series 2019-3A, Class BR, 3 mo. USD LIBOR + 1.650%, 6.458%, 7/02/2035, 144A(d)		12,087,641
	9,720,000	OHA Credit Funding 3 Ltd., Series 2019-3A, Class DR, 3 mo. USD LIBOR + 2.900%, 7.708%, 7/02/2035, 144A(d)		9,069,929
	12,640,000	Palmer Square CLO Ltd., Series 2013-2A, Class A2R3, 3 mo. USD LIBOR + 1.500%, 6.292%, 10/17/2031, 144A(d)		12,258,474
	5,120,000	Palmer Square CLO Ltd., Series 2013-2A, Class CR3, 3 mo. USD LIBOR + 2.700%, 7.492%, 10/17/2031, 144A(d)		4,737,188
	2,970,000	Palmer Square CLO Ltd., Series 2015-1A, Class A2R4, 3 mo. USD LIBOR + 1.700%, 6.615%, 5/21/2034, 144A(d)		2,885,545
	11,585,000	Rockford Tower CLO Ltd., Series 2018-1A, Class A, 3 mo. USD LIBOR + 1.100%, 6.015%, 5/20/2031, 144A(d)		11,401,401
	5,879,346	Shackleton CLO Ltd., Series 2017-10A, Class AR2, 3 mo. USD LIBOR + 0.890%, 5.698%, 4/20/2029, 144A(d)		5,810,799
	6,075,000	Signal Peak CLO 1 Ltd., Series 2014-1A, Class AR3, 3 mo. USD LIBOR + 1.160%, 5.952%, 4/17/2034, 144A(d)		5,925,537
	700,000	THL Credit Wind River CLO Ltd., Series 2018-3A, Class D, 3 mo. USD LIBOR + 2.950%, 7.758%, 1/20/2031, 144A(d)		620,995
	5,300,000	Verde CLO Ltd., Series 2019-1A, Class AR, 3 mo. USD LIBOR + 1.100%, 5.892%, 4/15/2032, 144A(d)		5,199,348
	2,135,000	Vibrant CLO XIV Ltd., Series 2021-14A, Class C, 3 mo. USD LIBOR + 3.750%, 8.558%, 10/20/2034, 144A(d)		1,964,468
		Total Collateralized Loan Obligations (Identified Cost $230,584,284)		217,914,409

Shares		Description	Value (†)
	Common Stocks – 1.9%
		Aerospace & Defense – 0.1%
	4,520	Lockheed Martin Corp.	$	2,136,740
		Air Freight & Logistics – 0.0%
	10,447	United Parcel Service, Inc., Class B		2,026,614
		Beverages – 0.0%
	30,600	Coca-Cola Co.		1,898,118
		Biotechnology – 0.1%
	17,775	AbbVie, Inc.		2,832,802
		Capital Markets – 0.1%
	1,376	BlackRock, Inc.		920,709
	14,559	Morgan Stanley		1,278,280
				2,198,989
		Communications Equipment – 0.0%
	17,920	Cisco Systems, Inc.		936,768
		Consumer Staples Distribution & Retail – 0.1%
	1,663	Costco Wholesale Corp.		826,295
	11,239	Walmart, Inc.		1,657,190
				2,483,485
		Containers & Packaging – 0.0%
	6,067	Packaging Corp. of America		842,282
		Diversified REITs – 0.0%
	170,568	NexPoint Diversified Real Estate Trust		1,770,496
		Electric Utilities – 0.1%
	11,847	Duke Energy Corp.		1,142,880
	21,018	NextEra Energy, Inc.		1,620,068
				2,762,948
		Electrical Equipment – 0.0%
	9,193	Emerson Electric Co.		801,078
		Ground Transportation – 0.0%
	5,980	Union Pacific Corp.		1,203,535
		Health Care Equipment & Supplies – 0.0%
	13,744	Abbott Laboratories		1,391,717
		Health Care Providers & Services – 0.1%
	3,090	Elevance Health, Inc.		1,420,813
	2,931	UnitedHealth Group, Inc.		1,385,161
				2,805,974
		Hotels, Restaurants & Leisure – 0.0%
	20,119	Starbucks Corp.		2,094,991
		Household Products – 0.1%
	17,070	Procter & Gamble Co.		2,538,138

Shares		Description	Value (†)
	Common Stocks – continued
		IT Services – 0.0%
	4,264	Accenture PLC, Class A	$	1,218,694
		Life Sciences Tools & Services – 0.0%
	2,144	Thermo Fisher Scientific, Inc.		1,235,737
		Machinery – 0.1%
	3,497	Cummins, Inc.		835,363
	3,955	Deere & Co.		1,632,941
				2,468,304
		Media – 0.2%
	2,006,877	Altice USA, Inc., Class A(e)		6,863,520
	52,164	Comcast Corp., Class A		1,977,537
	705,779	iHeartMedia, Inc., Class A(e)		2,752,538
				11,593,595
		Metals & Mining – 0.0%
	23,710	Newmont Corp.		1,162,264
		Oil, Gas & Consumable Fuels – 0.5%
	93,585	Battalion Oil Corp.(e)		614,853
	90,655	Canadian Natural Resources Ltd.		5,017,754
	91,613	Devon Energy Corp.		4,636,534
	54,638	Diamondback Energy, Inc.		7,385,418
	42,286	EOG Resources, Inc.		4,847,244
	18,707	Pioneer Natural Resources Co.		3,820,718
	37,203	Williams Cos., Inc.		1,110,882
				27,433,403
		Pharmaceuticals – 0.1%
	15,366	Bristol-Myers Squibb Co.		1,065,018
	14,316	Johnson & Johnson		2,218,980
	14,093	Merck & Co., Inc.		1,499,354
				4,783,352
		Professional Services – 0.0%
	7,905	Clarivate PLC(e)		74,228
		Semiconductors & Semiconductor Equipment – 0.1%
	3,545	Broadcom, Inc.		2,274,259
	22,248	Microchip Technology, Inc.		1,863,938
	15,974	QUALCOMM, Inc.		2,037,963
				6,176,160
		Software – 0.1%
	7,925	Microsoft Corp.		2,284,777
		Specialized REITs – 0.0%
	6,679	American Tower Corp.		1,364,787
		Specialty Retail – 0.0%
	4,153	Home Depot, Inc.		1,225,633

Shares		Description	Value (†)
	Common Stocks – continued
		Technology Hardware, Storage & Peripherals – 0.0%
	12,644	Apple, Inc.	$	2,084,996
	17,622	IQOR U.S., Inc.(e)		13,216
				2,098,212
		Wireless Telecommunication Services – 0.1%
	30,481	T-Mobile U.S., Inc.(e)		4,414,868
		Total Common Stocks (Identified Cost $158,539,585)		98,258,689
	Preferred Stocks – 1.8%
	Convertible Preferred Stocks – 1.5%
		Banking – 0.7%
	20,983	Bank of America Corp., Series L, 7.250%		24,503,108
	11,335	Wells Fargo & Co., Class A, Series L, 7.500%		13,332,794
				37,835,902
		Midstream – 0.2%
	206,461	El Paso Energy Capital Trust I, 4.750%		9,491,012
		Technology – 0.1%
	170,945	Clarivate PLC, Series A, 5.250%		7,020,711
		Wireless – 0.5%
	19,569	2020 Cash Mandatory Exchangeable Trust, 5.250%, 144A		22,753,855
		Total Convertible Preferred Stocks (Identified Cost $93,477,277)		77,101,480
	Non-Convertible Preferred Stocks – 0.3%
		Home Construction – 0.0%
	52,867	Hovnanian Enterprises, Inc., 7.625%		926,230
		Office REITs – 0.1%
	2,318	Highwoods Properties, Inc., Series A, 8.625%(b)		2,238,400
		Other REITs – 0.2%
	169,007	Prologis, Inc., Series Q, 8.540%		9,506,644
		Total Non-Convertible Preferred Stocks (Identified Cost $10,716,140)		12,671,274
		Total Preferred Stocks (Identified Cost $104,193,417)		89,772,754

Principal Amount (‡)		Description	Value (†)
	Short-Term Investments – 8.2%
	$    27,274,401	Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 3/31/2023 at 2.100% to be repurchased at $27,279,174 on 4/03/2023 collateralized by $28,536,700 U.S. Treasury Note, 2.875% due 6/15/2025 valued at $27,819,944 including accrued interest(m)	$	27,274,401
	159,860,000	U.S. Treasury Bills, 4.484%-4.497%, 4/13/2023(n)(o)		159,654,913
	37,960,000	U.S. Treasury Bills, 4.490%, 4/06/2023(n)		37,945,393
	38,690,000	U.S. Treasury Bills, 4.511%, 5/25/2023(n)		38,432,088
	154,025,000	U.S. Treasury Bills, 4.550%-4.640%, 4/27/2023(n)(o)		153,552,656
		Total Short-Term Investments (Identified Cost $416,771,110)		416,859,451
		Total Investments – 99.2% (Identified Cost $5,806,862,114)		5,051,235,525
		Other assets less liabilities – 0.8%		38,182,510
		Net Assets – 100.0%	$	5,089,418,035

(†)	Registered investment companies are required to value portfolio investments using an unadjusted, readily available market quotation. The Fund obtains readily available market quotations from independent pricing services. Fund investments for which readily available market quotations are not available are priced at fair value pursuant to the Fund’s Valuation Procedures. The Board of Trustees has approved a valuation designee who is subject to the Board’s oversight.
	Unadjusted readily available market quotations that are utilized for exchange traded equity securities (including shares of closed-end investment companies and exchange-traded funds) include the last sale price quoted on the exchange where the security is traded most extensively. Futures contracts are valued at the closing settlement price on the exchange on which the valuation designee believes that, over time, they are traded most extensively. Shares of open-end investment companies are valued at net asset value per share.
	Exchange traded equity securities for which there is no reported sale during the day are fair valued at the closing bid quotation as reported by an independent pricing service. Unlisted equity securities (except unlisted preferred equity securities) are fair valued at the last sale price quoted in the market where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be fair valued using evaluated bids furnished by an independent pricing service, if available.
	Debt securities and unlisted preferred equity securities are fair valued based on evaluated bids furnished to the Fund by an independent pricing service or bid prices obtained from broker-dealers. Senior loans and collateralized loan obligations are fair valued at bid prices supplied by an independent pricing service, if available. Broker-dealer bid prices may be used to fair value debt, unlisted equities, senior loans and collateralized loan obligations where an independent pricing service is unable to price an investment or where an independent pricing service does not provide a reliable price for the investment. 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 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.
(a)	Variable rate security. The interest rate adjusts periodically based on; (i) changes in current interest rates and/or prepayments on underlying pools of assets, if applicable, (ii) reference to a base lending rate plus or minus a margin, and/or (iii) reference to a base lending rate adjusted by a multiplier and/or subject to certain floors or caps. Rate as of March 31, 2023 is disclosed.
(b)	Level 3 security. Value has been determined using significant unobservable inputs.
(c)	Perpetual bond with no specified maturity date.
(d)	Variable rate security. Rate as of March 31, 2023 is disclosed.
(e)	Non-income producing security.
(f)	The issuer is in default with respect to interest and/or principal payments. Income is not being accrued.
(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.
(i)	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.
(j)	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.
(k)	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 1.00%, to which the spread is added.
(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 0.75%, 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 March 31, 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.
(o)	The Fund’s investment in U.S. Government/Agency securities is comprised of various lots with differing discount rates. These separate investments, which have the same maturity date, have been aggregated for the purpose of presentation in the Portfolio of Investments.
144A	All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2023, the value of Rule 144A holdings amounted to $2,145,798,111 or 42.2% of net assets.
ABS	Asset-Backed Securities
LIBOR	London Interbank Offered Rate
REITs	Real Estate Investment Trusts
SOFR	Secured Overnight Financing Rate
EUR	Euro

Forward Foreign Currency Contracts

The Fund may enter into forward foreign currency contracts, including forward foreign cross currency contracts, to acquire exposure to foreign currencies or to hedge the Fund’s investments against currency fluctuation. A contract can also be used to offset a previous contract. These contracts involve market risk in excess of the unrealized appreciation (depreciation). The U.S. dollar value of the currencies the Fund has committed to buy or sell represents the aggregate exposure to each currency the Fund has acquired or hedged through currency contracts outstanding at period end. Gains or losses are recorded for financial statement purposes as unrealized until settlement date. Contracts are traded over-the-counter directly with a counterparty. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of a foreign currency relative to the U.S. dollar. Certain contracts may require the movement of cash and/or securities as collateral for the Fund’s or counterparty’s net obligations under the contracts. At March 31, 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.		6/21/2023		EURS		12,884,000	$	13,708,576	$	14,034,063	$	(325,487	)

Futures Contracts

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

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

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

At March 31, 2023, open long futures contracts were as follows:

Financial Futures	Expiration Date		Contracts		Notional Amount		Value		Unrealized Appreciation (Depreciation)
10 Year U.S. Treasury Note		6/21/2023		3,877	$	433,141,309	$	445,552,109	$	12,410,800
2 Year U.S. Treasury Note		6/30/2023		1,250		257,889,313		258,066,408		177,095
30 Year U.S. Treasury Bond		6/21/2023		1,254		158,943,422		164,469,938		5,526,516
5 Year U.S. Treasury Note		6/30/2023		250		27,339,664		27,376,953		37,289
Ultra Long U.S. Treasury Bond		6/21/2023		2,793		380,557,363		394,162,125		13,604,762
Total									$	31,756,462

At March 31, 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 Note		6/21/2023		1,100	$	132,994,326	$	133,254,687	$	(260,361	)

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 March 31, 2023, at value:

Asset Valuation Inputs

Description	Level 1		Level 2		Level 3		Total
Bonds and Notes
Non-Convertible Bonds
ABS Whole Business	$	—	$	20,941,812	$	9,580,607	$	30,522,419
Property & Casualty Insurance		—		13,452,801		1,406,500		14,859,301
All Other Non-Convertible Bonds*		—		3,828,912,496		—		3,828,912,496
Total Non-Convertible Bonds		—		3,863,307,109		10,987,107		3,874,294,216
Convertible Bonds*		—		242,795,408		—		242,795,408
Municipals*		—		82,898,457		—		82,898,457
Total Bonds and Notes		—		4,189,000,974		10,987,107		4,199,988,081
Senior Loans*		—		28,442,141		—		28,442,141
Collateralized Loan Obligations		—		217,914,409		—		217,914,409
Common Stocks
Technology Hardware, Storage & Peripherals		2,084,996		13,216		—		2,098,212
All Other Common Stocks*		96,160,477		—		—		96,160,477
Total Common Stocks		98,245,473		13,216		—		98,258,689
Preferred Stocks
Convertible Preferred Stocks
Wireless		—		22,753,855		—		22,753,855
All Other Convertible Preferred Stocks*		54,347,625		—		—		54,347,625
Total Convertible Preferred Stocks		54,347,625		22,753,855		—		77,101,480
Non-Convertible Preferred Stocks
Office REITs		—		—		2,238,400		2,238,400
Other REITs		—		9,506,644		—		9,506,644
All Other Non-Convertible Preferred Stocks*		926,230		—		—		926,230
Total Non-Convertible Preferred Stocks		926,230		9,506,644		2,238,400		12,671,274
Total Preferred Stocks		55,273,855		32,260,499		2,238,400		89,772,754
Short-Term Investments		—		416,859,451		—		416,859,451
Total Investments		153,519,328		4,884,490,690		13,225,507		5,051,235,525
Futures Contracts (unrealized appreciation)		31,756,462		—		—		31,756,462
Total	$	185,275,790	$	4,884,490,690	$	13,225,507	$	5,082,991,987

Liability Valuation Inputs

Description	Level 1			Level 2			Level 3		Total
Forward Foreign Currency Contracts (unrealized depreciation)	$	—		$	(325,487	)	$	—	$	(325,487	)
Futures Contracts (unrealized depreciation)		(260,361	)		—			—		(260,361	)
Total	$	(260,361	)	$	(325,487	)	$	—	$	(585,848	)

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

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

The following is a reconciliation of Level 3 investments for which significant unobservable inputs were used to determine fair value as of December 31, 2022 and/or March 31, 2023:

Asset Valuation Inputs

Investments in Securities	Balance as of December 31, 2022		Accrued Discounts (Premiums)		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Purchases		Sales		Transfers into Level 3		Transfers out of Level 3		Balance as of March 31, 2023		Change in Unrealized Appreciation (Depreciation) from Investments Still Held at March 31, 2023
Bonds and Notes
Non-Convertible Bonds
ABS Whole Business	$	—	$	—	$	—	$	110,607		$	9,470,000	$	—	$	—	$	—	$	9,580,607	$	110,607
Property & Casualty Insurance		1,406,500		24,092		—		(24,092	)		—		—		—		—		1,406,500		(24,092	)
Preferred Stocks
Non-Convertible Preferred Stocks
Office REITs		2,398,869		—		—		(160,469	)		—		—		—		—		2,238,400		(160,469	)
Total	$	3,805,369	$	24,092	$	—	$	(73,954	)	$	9,470,000	$	—	$	—	$	—	$	13,225,507	$	(73,954	)

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 exchange contracts for hedging purposes to protect the value of the Funds’ holdings of foreign securities. The Fund may also use forward foreign currency contracts to gain exposure to foreign currencies, regardless of whether securities denominated in such currencies are held in the Fund. As of March 31, 2023, the Fund engaged in forward foreign currency contracts for hedging purposes.

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 use futures contracts to gain investment exposure. As of March 31, 2023, the Fund used futures contracts to manage duration.

The following is a summary of derivative instruments for the Fund, as of March 31, 2023:

Assets	Unrealized appreciation on futures contracts
Exchange-traded asset derivatives Interest rate contracts	$	31,756,462
Liabilities	Unrealized depreciation on forward foreign currency contracts			Unrealized depreciation on futures contracts
Over-the-counter liability derivatives Foreign exchange contracts	$	(325,487	)	$	—
Exchange-traded liability derivatives Interest rate contracts		—			(260,361	)
Total liability derivatives	$	(325,487	)	$	(260,361	)

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.

Over-the-counter 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 March 31, 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.	$	(325,487	)	$	270,000

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 March 31, 2023 (Unaudited)

Treasuries	12.7	%
Cable Satellite	6.1
Banking	5.1
Technology	4.9
Finance Companies	4.6
ABS Home Equity	4.3
ABS Car Loan	4.1
Independent Energy	3.8
Life Insurance	3.4
Pharmaceuticals	2.9
Consumer Cyclical Services	2.7
ABS Other	2.7
Metals & Mining	2.3
Airlines	2.2
Media Entertainment	2.1
Other Investments, less than 2% each	22.8
Short-Term Investments	8.2
Collateralized Loan Obligations	4.3
Total Investments	99.2
Other assets less liabilities (including forward foreign currency and futures contracts)	0.8
Net Assets	100.0	%