ThZeal - The Zeal

Corporate Bonds - 86.1%
		Principal Amount (a) (000s)	Value ($) (000s)
Convertible Bonds - 1.7%
Automotive & Auto Parts - 0.2%
Rivian Automotive, Inc. 3.625% 10/15/30		5,959	4,609
Broadcasting - 0.6%
DISH Network Corp. 3.375% 8/15/26		21,427	17,990
Diversified Financial Services - 0.0%
New Cotai LLC 5% 2/24/27 (b)		162	320
Energy - 0.2%
NextEra Energy Partners LP:
0% 11/15/25 (c)		914	852
2.5% 6/15/26 (c)		2,910	2,725
Sunnova Energy International, Inc.:
0.25% 12/1/26		4,100	2,662
2.625% 2/15/28		487	252
			6,491
Homebuilders/Real Estate - 0.3%
Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp. 0.25% 6/15/26		2,241	1,942
Redfin Corp. 0.5% 4/1/27		7,717	5,556
			7,498
Technology - 0.3%
MKS Instruments, Inc. 1.25% 6/1/30 (c)		2,657	2,555
Wolfspeed, Inc. 1.875% 12/1/29		10,807	5,382
			7,937
Utilities - 0.1%
PG&E Corp. 4.25% 12/1/27 (c)		2,633	2,871
TOTAL CONVERTIBLE BONDS			47,716
Nonconvertible Bonds - 84.4%
Aerospace - 2.4%
ATI, Inc.:
4.875% 10/1/29		35	33
5.125% 10/1/31		25	24
5.875% 12/1/27		3,200	3,174
Bombardier, Inc.:
6% 2/15/28 (c)		45	45
7% 6/1/32 (c)		790	809
7.25% 7/1/31 (c)		3,940	4,071
7.875% 4/15/27 (c)		4,788	4,797
8.75% 11/15/30 (c)		1,285	1,392
BWX Technologies, Inc. 4.125% 6/30/28 (c)		7,903	7,542
Kaiser Aluminum Corp.:
4.5% 6/1/31 (c)		360	321
4.625% 3/1/28 (c)		1,205	1,148
Moog, Inc. 4.25% 12/15/27 (c)		430	410
Spirit Aerosystems, Inc. 9.75% 11/15/30 (c)		1,915	2,126
TransDigm, Inc.:
4.625% 1/15/29		5,930	5,631
4.875% 5/1/29 (d)		200	191
5.5% 11/15/27		12,392	12,268
6% 1/15/33 (c)		1,525	1,512
6.375% 3/1/29 (c)		3,605	3,659
6.75% 8/15/28 (c)		4,210	4,305
6.875% 12/15/30 (c)		150	154
7.125% 12/1/31 (c)		1,560	1,614
VistaJet Malta Finance PLC / XO Management Holding, Inc.:
6.375% 2/1/30 (c)		8,022	6,867
7.875% 5/1/27 (c)		3,095	3,013
9.5% 6/1/28 (c)		1,993	1,958
			67,064
Air Transportation - 1.0%
Air Canada 3.875% 8/15/26 (c)		595	576
American Airlines, Inc.:
7.25% 2/15/28 (c)(d)		325	330
8.5% 5/15/29 (c)		1,920	2,018
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. 5.5% 4/20/26 (c)		4,603	4,589
JetBlue Airways Corp./JetBlue Loyalty LP 9.875% 9/20/31 (c)		2,995	3,112
Mileage Plus Holdings LLC 6.5% 6/20/27 (c)		789	797
Rand Parent LLC 8.5% 2/15/30 (c)(d)		13,172	13,143
Spirit Loyalty Cayman Ltd. / Spirit IP Cayman Ltd.:
8% 9/20/25 (c)		1,060	659
8% 9/20/25 (c)		3,350	2,082
United Airlines, Inc. 4.375% 4/15/26 (c)		80	79
			27,385
Automotive & Auto Parts - 1.9%
Aston Martin Capital Holdings Ltd. 10% 3/31/29 (c)		3,380	3,284
Belron UK Finance PLC 5.75% 10/15/29 (c)		4,515	4,525
Champions Financing, Inc. 8.75% 2/15/29 (c)		4,580	4,624
Hudson Automotive Group 8% 5/15/32 (c)(d)		1,660	1,735
Macquarie AirFinance Holdings:
6.4% 3/26/29 (c)		3,490	3,596
6.5% 3/26/31 (c)		3,810	3,958
8.125% 3/30/29 (c)		3,368	3,563
8.375% 5/1/28 (c)		2,920	3,069
McLaren Finance PLC 7.5% 8/1/26 (c)		5,067	4,915
Rivian Holdco & Rivian LLC & Rivian Automotive LLC CME Term SOFR 6 Month Index + 6.050% 10.502% 10/15/26 (c)(e)(f)		4,021	4,026
Wand NewCo 3, Inc. 7.625% 1/30/32 (c)		3,445	3,561
ZF North America Capital, Inc.:
4.75% 4/29/25 (c)		3,615	3,587
6.75% 4/23/30 (c)		2,125	2,095
6.875% 4/14/28 (c)(d)		1,440	1,452
6.875% 4/23/32 (c)		2,250	2,201
7.125% 4/14/30 (c)		1,440	1,448
			51,639
Banks & Thrifts - 1.2%
Ally Financial, Inc.:
5.75% 11/20/25		1,498	1,504
6.7% 2/14/33 (d)		6,655	6,683
8% 11/1/31		155	173
8% 11/1/31		108	120
Jane Street Group LLC/JSG Finance, Inc.:
4.5% 11/15/29 (c)		2,430	2,299
6.125% 11/1/32 (c)		3,235	3,237
7.125% 4/30/31 (c)		3,935	4,079
PHH Escrow Issuer LLC 9.875% 11/1/29 (c)(g)		295	289
UniCredit SpA:
5.459% 6/30/35 (c)(e)		4,171	4,023
5.861% 6/19/32 (c)(e)		1,178	1,174
VFH Parent LLC / Valor Co-Issuer, Inc. 7.5% 6/15/31 (c)		3,115	3,199
Western Alliance Bancorp. 3% 6/15/31 (e)		6,260	5,783
			32,563
Broadcasting - 1.3%
Clear Channel Outdoor Holdings, Inc.:
5.125% 8/15/27 (c)		1,938	1,879
7.5% 6/1/29 (c)		3,479	2,973
7.75% 4/15/28 (c)		35	31
7.875% 4/1/30 (c)		4,715	4,807
9% 9/15/28 (c)		4,325	4,543
Scripps Escrow, Inc. 5.875% 7/15/27 (c)		50	44
Sirius XM Radio, Inc.:
4.125% 7/1/30 (c)		5,380	4,813
5.5% 7/1/29 (c)(d)		3,005	2,915
Univision Communications, Inc.:
4.5% 5/1/29 (c)		5,715	5,074
6.625% 6/1/27 (c)		3,495	3,468
7.375% 6/30/30 (c)		990	950
8% 8/15/28 (c)		2,185	2,220
8.5% 7/31/31 (c)		3,745	3,681
			37,398
Building Materials - 1.5%
Advanced Drain Systems, Inc.:
5% 9/30/27 (c)		1,601	1,572
6.375% 6/15/30 (c)(d)		1,420	1,431
AmeriTex Holdco Intermediate LLC 10.25% 10/15/28 (c)		635	668
Beacon Roofing Supply, Inc. 6.5% 8/1/30 (c)		2,616	2,659
Builders FirstSource, Inc.:
4.25% 2/1/32 (c)		5,595	5,005
6.375% 3/1/34 (c)		1,630	1,643
Eco Material Technologies, Inc. 7.875% 1/31/27 (c)		7,209	7,255
EMRLD Borrower LP / Emerald Co.:
6.625% 12/15/30 (c)		8,605	8,751
6.75% 7/15/31 (c)		2,415	2,469
MasterBrand, Inc. 7% 7/15/32 (c)		1,441	1,476
MITER Brands Acquisition Holdco, Inc. / MIWD Borrower LLC 6.75% 4/1/32 (c)		1,410	1,434
Oscar Acquisition Co. LLC / Oscar Finance, Inc. 9.5% 4/15/30 (c)		3,255	3,180
Smyrna Ready Mix Concrete LLC 8.875% 11/15/31 (c)		960	1,008
Star Holding LLC 8.75% 8/1/31 (c)		1,020	970
Summit Materials LLC/Summit Materials Finance Corp. 7.25% 1/15/31 (c)(d)		2,030	2,101
			41,622
Cable/Satellite TV - 2.5%
CCO Holdings LLC/CCO Holdings Capital Corp.:
4.25% 2/1/31 (c)		7,434	6,451
4.25% 1/15/34 (c)(d)		4,935	3,943
4.5% 8/15/30 (c)		4,225	3,774
4.5% 5/1/32		12,236	10,410
4.5% 6/1/33 (c)		11,280	9,380
4.75% 3/1/30 (c)		80	73
5.125% 5/1/27 (c)		225	220
CSC Holdings LLC:
3.375% 2/15/31 (c)		10,324	7,406
4.125% 12/1/30 (c)		2,939	2,169
4.5% 11/15/31 (c)		1,495	1,096
4.625% 12/1/30 (c)		11,350	5,708
5% 11/15/31 (c)		65	32
5.375% 2/1/28 (c)		4,235	3,625
5.75% 1/15/30 (c)		100	53
7.5% 4/1/28 (c)		230	151
DISH DBS Corp. 5.875% 11/15/24		5,705	5,662
Telenet Finance Luxembourg Notes SARL 5.5% 3/1/28 (c)		2,400	2,336
VTR Finance BV 6.375% 7/15/28 (c)		2,066	1,974
Ziggo Bond Co. BV 6% 1/15/27 (c)		320	319
Ziggo BV 4.875% 1/15/30 (c)		5,055	4,687
			69,469
Capital Goods - 0.7%
Mueller Water Products, Inc. 4% 6/15/29 (c)		2,420	2,253
Patrick Industries, Inc. 6.375% 11/1/32 (c)		1,690	1,671
Regal Rexnord Corp.:
6.05% 4/15/28		530	543
6.3% 2/15/30		1,505	1,558
Resideo Funding, Inc. 6.5% 7/15/32 (c)(d)		1,797	1,809
TK Elevator Holdco GmbH 7.625% 7/15/28 (c)		3,305	3,320
TK Elevator U.S. Newco, Inc. 5.25% 7/15/27 (c)		9,784	9,624
			20,778
Chemicals - 4.2%
Axalta Coating Systems Dutch Holding B BV 7.25% 2/15/31 (c)		1,225	1,280
Consolidated Energy Finance SA:
5.625% 10/15/28 (c)		910	742
12% 2/15/31 (c)		4,950	4,828
CVR Partners LP/CVR Nitrogen Finance Corp. 6.125% 6/15/28 (c)		1,865	1,789
Herens HoldCo Sarl 4.75% 5/15/28 (c)		2,480	2,167
INEOS Quattro Finance 2 PLC 9.625% 3/15/29 (c)		1,185	1,254
Kobe U.S. Midco 2, Inc. 9.25% 11/1/26 pay-in-kind (c)(e)		6,091	5,145
LSB Industries, Inc. 6.25% 10/15/28 (c)		2,235	2,162
Methanex Corp.:
5.125% 10/15/27		11,101	10,803
5.65% 12/1/44		6,514	5,763
NOVA Chemicals Corp.:
4.25% 5/15/29 (c)		4,845	4,414
5% 5/1/25 (c)		2,270	2,260
5.25% 6/1/27 (c)		2,523	2,476
8.5% 11/15/28 (c)		1,430	1,516
9% 2/15/30 (c)		1,670	1,779
Nufarm Australia Ltd. 5% 1/27/30 (c)		4,212	3,903
Olin Corp. 5% 2/1/30		8,780	8,380
Olympus Water U.S. Holding Corp.:
4.25% 10/1/28 (c)		2,186	2,057
6.25% 10/1/29 (c)		4,740	4,521
7.25% 6/15/31 (c)		1,315	1,349
9.75% 11/15/28 (c)		6,453	6,846
SCIH Salt Holdings, Inc.:
4.875% 5/1/28 (c)		368	352
6.625% 5/1/29 (c)		3,735	3,626
SCIL IV LLC / SCIL U.S.A. Holdings LLC 5.375% 11/1/26 (c)		3,935	3,887
The Chemours Co. LLC:
4.625% 11/15/29 (c)(d)		548	476
5.375% 5/15/27		9,748	9,386
5.75% 11/15/28 (c)		6,620	6,111
Tronox, Inc. 4.625% 3/15/29 (c)(d)		7,546	6,846
W.R. Grace Holding LLC:
4.875% 6/15/27 (c)		70	69
5.625% 8/15/29 (c)		9,740	8,997
			115,184
Consumer Products - 1.2%
Foundation Building Materials, Inc. 6% 3/1/29 (c)		1,610	1,422
Kohl's Corp. 4.25% 7/17/25		635	627
Kronos Acquisition Holdings, Inc.:
8.25% 6/30/31 (c)		1,578	1,563
10.75% 6/30/32 (c)		1,615	1,505
Newell Brands, Inc.:
6.375% 9/15/27 (d)		1,015	1,026
6.375% 5/15/30 (g)		2,760	2,773
6.625% 9/15/29 (d)		1,470	1,490
6.625% 5/15/32 (g)		2,350	2,357
6.875% 4/1/36 (d)(h)		690	687
7% 4/1/46 (h)		1,100	1,021
Tempur Sealy International, Inc.:
3.875% 10/15/31 (c)		75	65
4% 4/15/29 (c)		60	55
The Gates Corp. 6.875% 7/1/29 (c)		2,675	2,748
TKC Holdings, Inc.:
6.875% 5/15/28 (c)		4,325	4,258
10.5% 5/15/29 (c)		5,338	5,392
Wayfair LLC 7.25% 10/31/29 (c)(d)		2,700	2,732
Windsor Holdings III, LLC 8.5% 6/15/30 (c)		2,310	2,431
			32,152
Containers - 0.8%
ARD Finance SA:
5% 6/30/27 pay-in-kind (Reg. S) (e)	EUR	100	21
6.5% 6/30/27 pay-in-kind (c)(e)		2,165	457
Ardagh Packaging Finance PLC/Ardagh MP Holdings U.S.A., Inc. 4.125% 8/15/26 (c)		1,205	1,048
Graham Packaging Co., Inc. 7.125% 8/15/28 (c)		1,720	1,673
Graphic Packaging International, Inc.:
3.75% 2/1/30 (c)		1,600	1,463
6.375% 7/15/32 (c)		2,615	2,638
LABL, Inc.:
5.875% 11/1/28 (c)(d)		800	743
9.5% 11/1/28 (c)		535	548
Mauser Packaging Solutions Holding Co. 7.875% 4/15/27 (c)		4,120	4,233
Sealed Air Corp.:
5% 4/15/29 (c)		3,810	3,680
6.5% 7/15/32 (c)		1,515	1,538
Sealed Air Corp./Sealed Air Corp. U.S. 7.25% 2/15/31 (c)		2,555	2,653
Trivium Packaging Finance BV:
5.5% 8/15/26 (c)		737	730
8.5% 8/15/27 (c)		2,141	2,135
			23,560
Diversified Financial Services - 4.8%
Aercap Global Aviation Trust 6.5% 6/15/45 (c)(e)		2,540	2,537
Azorra Finance Ltd. 7.75% 4/15/30 (c)		3,040	3,003
Boost Newco Borrower LLC 7.5% 1/15/31 (c)		6,605	6,963
Capstone Borrower, Inc. 8% 6/15/30 (c)		1,073	1,121
Cargo Aircraft Management, Inc. 4.75% 2/1/28 (c)		4,860	4,641
Coinbase Global, Inc. 3.625% 10/1/31 (c)(d)		3,763	3,138
Cruise Yacht Upper Holdco Ltd. 11.875% 7/5/28		1,200	1,230
Encore Capital Group, Inc.:
8.5% 5/15/30 (c)		5,199	5,481
9.25% 4/1/29 (c)		2,309	2,459
Fortress Transportation & Infrastructure Investors LLC:
5.875% 4/15/33 (c)		305	297
7% 5/1/31 (c)		100	103
7% 6/15/32 (c)		1,050	1,077
7.875% 12/1/30 (c)		3,205	3,376
GGAM Finance Ltd.:
5.875% 3/15/30 (c)		2,920	2,873
6.875% 4/15/29 (c)		705	718
7.75% 5/15/26 (c)		2,485	2,529
8% 2/15/27 (c)		5,110	5,279
8% 6/15/28 (c)		7,470	7,875
Global Aircraft Leasing Co. Ltd. 8.75% 9/1/27 (c)		2,997	3,096
Gn Bondco LLC 9.5% 10/15/31 (c)(d)		1,880	1,996
Hightower Holding LLC:
6.75% 4/15/29 (c)		1,437	1,415
9.125% 1/31/30 (c)		5,245	5,530
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
4.375% 2/1/29		4,535	3,783
5.25% 5/15/27		9,016	8,399
6.25% 5/15/26		5,966	5,864
9% 6/15/30		1,020	985
Jefferies Finance LLC/JFIN Co-Issuer Corp. 5% 8/15/28 (c)		980	904
Jefferies Finance LLC/JFIN Co.-Issuer Corp. 6.625% 10/15/31 (c)		1,680	1,673
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.:
4.75% 6/15/29 (c)(d)		3,635	3,463
5.25% 10/1/25 (c)		300	299
7% 7/15/31 (c)		2,640	2,738
Navient Corp.:
4.875% 3/15/28 (d)		639	609
5% 3/15/27 (d)		639	628
5.625% 8/1/33		934	806
OneMain Finance Corp.:
3.5% 1/15/27		630	601
3.875% 9/15/28		7,855	7,240
6.625% 5/15/29		620	620
7.125% 3/15/26		8,580	8,790
7.125% 11/15/31		265	268
9% 1/15/29		5	5
Optics Bidco SpA 7.2% 7/18/36 (c)		1,309	1,347
PRA Group, Inc. 8.875% 1/31/30 (c)(d)		1,812	1,880
Shift4 Payments LLC / Shift4 Payments Finance Sub, Inc. 6.75% 8/15/32 (c)		1,805	1,852
SLM Corp. 4.2% 10/29/25		1,555	1,526
StoneX Group, Inc. 7.875% 3/1/31 (c)(d)		1,050	1,105
Williams Scotsman, Inc. 6.625% 6/15/29 (c)		3,983	4,043
Windstream Services LLC / Wind:
7.75% 8/15/28 (c)		3,720	3,741
8.25% 10/1/31 (c)		2,745	2,779
			132,685
Diversified Media - 0.4%
Advantage Sales & Marketing, Inc. 6.5% 11/15/28 (c)		6,368	5,960
Outfront Media Capital LLC / Corp. 7.375% 2/15/31 (c)(d)		3,835	4,050
			10,010
Energy - 11.4%
Aethon United BR LP / Aethon United Finance Corp. 7.5% 10/1/29 (c)(d)		4,135	4,164
Alpha Generation LLC 6.75% 10/15/32 (c)		3,245	3,291
Antero Midstream Partners LP/Antero Midstream Finance Corp. 5.75% 3/1/27 (c)		1,515	1,512
Archrock Partners LP / Archrock Partners Finance Corp. 6.625% 9/1/32 (c)		2,629	2,641
Atlantica Sustainable Infrastructure PLC 4.125% 6/15/28 (c)		200	191
Baytex Energy Corp. 7.375% 3/15/32 (c)		2,725	2,645
Blue Racer Midstream LLC/Blue Racer Finance Corp. 7% 7/15/29 (c)		440	451
California Buyer Ltd./Atlantica Sustainable Infrastructure PLC 6.375% 2/15/32 (c)(g)		5,170	5,134
California Resources Corp.:
7.125% 2/1/26 (c)(d)		745	747
8.25% 6/15/29 (c)		7,170	7,241
Calumet Specialty Products Partners LP/Calumet Finance Corp. 9.75% 7/15/28 (c)		1,363	1,400
Canacol Energy Ltd. 5.75% 11/24/28 (c)		6,313	3,275
Cheniere Energy Partners LP 5.75% 8/15/34 (c)		3,095	3,128
Citgo Petroleum Corp.:
6.375% 6/15/26 (c)		6,168	6,169
7% 6/15/25 (c)		130	130
8.375% 1/15/29 (c)		1,700	1,768
CNX Midstream Partners LP 4.75% 4/15/30 (c)		3,504	3,262
CNX Resources Corp.:
6% 1/15/29 (c)		25	25
7.25% 3/1/32 (c)		3,785	3,900
7.375% 1/15/31 (c)(d)		1,580	1,624
Comstock Resources, Inc.:
5.875% 1/15/30 (c)		5,080	4,641
6.75% 3/1/29 (c)		75	72
6.75% 3/1/29 (c)(d)		4,620	4,424
CPI CG, Inc. 10% 7/15/29 (c)		1,410	1,477
CQP Holdco LP / BIP-V Chinook Holdco LLC:
5.5% 6/15/31 (c)		250	238
7.5% 12/15/33 (c)		5,096	5,392
Crescent Energy Finance LLC 7.625% 4/1/32 (c)(d)		1,390	1,372
CrownRock LP/CrownRock Finance, Inc. 5% 5/1/29 (c)		3,855	3,898
CVR Energy, Inc.:
5.75% 2/15/28 (c)		4,778	4,357
8.5% 1/15/29 (c)		5,880	5,702
Delek Logistics Partners LP/Delek Logistics Finance Corp.:
7.125% 6/1/28 (c)		7,496	7,426
8.625% 3/15/29 (c)		3,940	4,043
DT Midstream, Inc.:
4.125% 6/15/29 (c)		1,325	1,244
4.375% 6/15/31 (c)		815	750
Energean Israel Finance Ltd.:
4.875% 3/30/26 (Reg. S) (c)		345	334
5.375% 3/30/28 (Reg. S) (c)		1,234	1,111
Energean PLC 6.5% 4/30/27 (c)		3,633	3,610
EnfraGen Energia Sur SA 5.375% 12/30/30 (c)		3,175	2,734
EnLink Midstream LLC 6.5% 9/1/30 (c)(d)		4,750	5,003
Expand Energy Corp.:
4.75% 2/1/32		3,645	3,426
5.375% 2/1/29		50	49
Global Partners LP/GLP Finance Corp.:
6.875% 1/15/29		1,840	1,837
7% 8/1/27		6,506	6,526
8.25% 1/15/32 (c)		560	571
Gran Tierra Energy, Inc. 9.5% 10/15/29 (c)		4,259	3,918
Harbour Energy PLC 5.5% 10/15/26 (c)		880	875
Harvest Midstream I LP:
7.5% 9/1/28 (c)		5,555	5,619
7.5% 5/15/32 (c)		1,565	1,602
Hess Midstream Operations LP:
4.25% 2/15/30 (c)		1,805	1,685
5.125% 6/15/28 (c)		5,690	5,568
5.5% 10/15/30 (c)(d)		1,400	1,368
5.625% 2/15/26 (c)		6,275	6,260
6.5% 6/1/29 (c)		265	269
Howard Midstream Energy Partners LLC:
7.375% 7/15/32 (c)		1,960	2,000
8.875% 7/15/28 (c)		4,687	4,945
Kinetik Holdings LP:
5.875% 6/15/30 (c)(d)		3,635	3,607
6.625% 12/15/28 (c)		3,825	3,907
Kosmos Energy Ltd.:
7.5% 3/1/28 (c)		1,223	1,166
7.75% 5/1/27 (c)		655	642
8.75% 10/1/31 (c)		1,405	1,372
Matador Resources Co.:
6.25% 4/15/33 (c)(d)		1,530	1,497
6.5% 4/15/32 (c)		3,265	3,234
MEG Energy Corp. 5.875% 2/1/29 (c)		110	108
Mesquite Energy, Inc. 7.25% (b)(c)(i)		28,768	0
Moss Creek Resources Holdings, Inc. 8.25% 9/1/31 (c)(d)		4,250	4,164
Murphy Oil Corp. 6% 10/1/32		1,380	1,329
Nabors Industries, Inc.:
8.875% 8/15/31 (c)		1,590	1,503
9.125% 1/31/30 (c)		640	661
New Fortress Energy, Inc.:
6.5% 9/30/26 (c)		12,816	11,872
6.75% 9/15/25 (c)		7,400	7,386
Northern Oil & Gas, Inc.:
8.125% 3/1/28 (c)		4,310	4,352
8.75% 6/15/31 (c)		1,395	1,443
PBF Holding Co. LLC/PBF Finance Corp. 7.875% 9/15/30 (c)		7,769	7,756
Permian Resources Operating LLC:
5.875% 7/1/29 (c)		4,805	4,733
6.25% 2/1/33 (c)		1,215	1,206
7% 1/15/32 (c)		640	653
Petroleos Mexicanos 6.5% 3/13/27		3,595	3,519
Prairie Acquiror LP 9% 8/1/29 (c)		840	852
Rockies Express Pipeline LLC:
4.8% 5/15/30 (c)		1,900	1,757
4.95% 7/15/29 (c)		4,294	4,034
6.875% 4/15/40 (c)		1,598	1,515
Seadrill Finance Ltd. 8.375% 8/1/30 (c)		1,260	1,287
Sitio Royalties OP / Sitio Finance Corp. 7.875% 11/1/28 (c)		1,585	1,645
SM Energy Co.:
6.75% 8/1/29 (c)		605	601
7% 8/1/32 (c)(d)		605	600
Sunnova Energy Corp.:
5.875% 9/1/26 (c)		6,310	5,640
11.75% 10/1/28 (c)		320	260
Sunoco Logistics Partners, LP:
7% 5/1/29 (c)		1,215	1,253
7.25% 5/1/32 (c)(d)		1,775	1,848
Sunoco LP/Sunoco Finance Corp.:
4.5% 5/15/29 (d)		4,794	4,558
5.875% 3/15/28		4,990	4,979
6% 4/15/27		175	175
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.:
5.5% 1/15/28 (c)		7,115	6,833
6% 3/1/27 (c)		3,862	3,833
6% 12/31/30 (c)		1,675	1,572
6% 9/1/31 (c)		8,425	7,815
Talos Production, Inc.:
9% 2/1/29 (c)(d)		1,145	1,179
9.375% 2/1/31 (c)		1,135	1,169
TransMontaigne Partners LP 6.125% 2/15/26		2,735	2,690
Transocean Aquila Ltd. 8% 9/30/28 (c)		812	834
Transocean Poseidon Ltd. 6.875% 2/1/27 (c)		1,359	1,358
Transocean, Inc.:
8% 2/1/27 (c)		6,391	6,373
8.25% 5/15/29 (c)		2,315	2,328
8.5% 5/15/31 (c)		2,960	2,983
8.75% 2/15/30 (c)		1,883	1,951
Tullow Oil PLC:
7% 3/1/25 (c)		2,810	2,682
10.25% 5/15/26 (c)		2,884	2,650
U.S.A. Compression Partners LP/U.S.A. Compression Finance Corp. 7.125% 3/15/29 (c)		2,785	2,837
Valaris Ltd. 8.375% 4/30/30 (c)		4,285	4,348
Viper Energy, Inc. 7.375% 11/1/31 (c)		960	998
Viridien 8.75% 4/1/27 (c)		6,249	6,041
			314,632
Environmental - 0.8%
Clean Harbors, Inc. 6.375% 2/1/31 (c)		1,325	1,335
Darling Ingredients, Inc. 6% 6/15/30 (c)		2,155	2,140
GFL Environmental, Inc.:
3.75% 8/1/25 (c)		2,765	2,738
5.125% 12/15/26 (c)		2,265	2,243
6.75% 1/15/31 (c)		505	520
Madison IAQ LLC 5.875% 6/30/29 (c)		3,085	2,926
Reworld Holding Corp. 4.875% 12/1/29 (c)		5,260	4,913
Wrangler Holdco Corp. 6.625% 4/1/32 (c)		4,800	4,899
			21,714
Food & Drug Retail - 1.1%
Albertsons Companies LLC/Safeway, Inc./New Albertson's, Inc./Albertson's LLC:
3.5% 3/15/29 (c)		6,588	6,087
4.625% 1/15/27 (c)		95	93
4.875% 2/15/30 (c)		3,900	3,799
Emergent BioSolutions, Inc. 3.875% 8/15/28 (c)		9,444	7,587
Murphy Oil U.S.A., Inc. 3.75% 2/15/31 (c)		1,715	1,524
Parkland Corp.:
4.5% 10/1/29 (c)		1,673	1,554
4.625% 5/1/30 (c)		8,235	7,569
6.625% 8/15/32 (c)		810	808
Walgreens Boots Alliance, Inc. 8.125% 8/15/29 (d)		1,760	1,755
			30,776
Food/Beverage/Tobacco - 2.4%
BellRing Brands, Inc. 7% 3/15/30 (c)(d)		1,125	1,171
C&S Group Enterprises LLC 5% 12/15/28 (c)		5,355	4,432
Chobani Holdco II LLC 9.5% 10/1/29 pay-in-kind (c)(e)		2,105	2,172
Fiesta Purchaser, Inc.:
7.875% 3/1/31 (c)		2,490	2,611
9.625% 9/15/32 (c)		1,510	1,578
KeHE Distributor / Nextwave 9% 2/15/29 (c)		5,725	5,928
Lamb Weston Holdings, Inc.:
4.125% 1/31/30 (c)		7,925	7,358
4.375% 1/31/32 (c)		1,370	1,255
Performance Food Group, Inc.:
4.25% 8/1/29 (c)		40	37
5.5% 10/15/27 (c)		642	637
6.125% 9/15/32 (c)		4,300	4,318
Post Holdings, Inc.:
4.625% 4/15/30 (c)(d)		3,700	3,458
5.5% 12/15/29 (c)		3,587	3,498
6.25% 2/15/32 (c)(d)		3,335	3,372
6.25% 10/15/34 (c)		1,550	1,533
6.375% 3/1/33 (c)		2,600	2,572
Sigma Holdco BV 7.875% 5/15/26 (c)		5,013	4,965
Triton Water Holdings, Inc. 6.25% 4/1/29 (c)		5,530	5,463
U.S. Foods, Inc.:
4.625% 6/1/30 (c)(d)		2,080	1,974
4.75% 2/15/29 (c)		2,600	2,505
5.75% 4/15/33 (c)		2,435	2,398
6.875% 9/15/28 (c)		1,750	1,799
7.25% 1/15/32 (c)		50	52
United Natural Foods, Inc. 6.75% 10/15/28 (c)		860	830
			65,916
Gaming - 1.5%
Caesars Entertainment, Inc.:
4.625% 10/15/29 (c)		90	84
6% 10/15/32 (c)		4,415	4,307
6.5% 2/15/32 (c)(d)		5,010	5,081
7% 2/15/30 (c)		1,300	1,333
8.125% 7/1/27 (c)		2,111	2,152
Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.:
4.625% 1/15/29 (c)(d)		90	84
6.75% 1/15/30 (c)		8,815	8,017
GLP Capital LP/GLP Financing II, Inc.:
5.25% 6/1/25		1,405	1,401
5.375% 4/15/26		30	30
Jacobs Entertainment, Inc. 6.75% 2/15/29 (c)		1,195	1,176
MGM Resorts International 6.5% 4/15/32 (d)		2,720	2,720
Mohegan Tribal Gaming Authority 8% 2/1/26 (c)		4,530	4,500
Station Casinos LLC:
4.5% 2/15/28 (c)		2,880	2,749
4.625% 12/1/31 (c)		115	104
6.625% 3/15/32 (c)(d)		2,850	2,864
VICI Properties LP / VICI Note Co. 4.125% 8/15/30 (c)		2,410	2,233
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. 7.125% 2/15/31 (c)(d)		1,515	1,594
			40,429
Healthcare - 7.5%
1375209 BC Ltd. 9% 1/30/28 (c)		4,700	4,691
180 Medical, Inc. 3.875% 10/15/29 (c)		2,575	2,395
AdaptHealth LLC 5.125% 3/1/30 (c)(d)		5,790	5,304
Akumin, Inc. 8% 8/1/28 (c)		1,630	1,324
AMN Healthcare 4% 4/15/29 (c)(d)		1,674	1,543
Avantor Funding, Inc.:
3.875% 11/1/29 (c)		3,380	3,117
4.625% 7/15/28 (c)		2,215	2,142
Bausch Health Americas, Inc. 9.25% 4/1/26 (c)		1,758	1,701
Bausch Health Companies, Inc.:
4.875% 6/1/28 (c)		4,005	3,095
5.25% 1/30/30 (c)		2,620	1,441
5.5% 11/1/25 (c)		11,923	11,701
9% 12/15/25 (c)		1,698	1,665
11% 9/30/28 (c)		2,430	2,236
Catalent Pharma Solutions 3.5% 4/1/30 (c)		2,900	2,807
Charles River Laboratories International, Inc.:
3.75% 3/15/29 (c)		2,995	2,746
4% 3/15/31 (c)		2,530	2,261
CHS/Community Health Systems, Inc.:
4.75% 2/15/31 (c)		10,440	8,707
5.25% 5/15/30 (c)		19,820	17,298
6% 1/15/29 (c)		1,730	1,629
6.125% 4/1/30 (c)		5,786	4,530
6.875% 4/15/29 (c)		2,952	2,493
CTR Partnership LP/CareTrust Capital Corp. 3.875% 6/30/28 (c)		5,375	5,092
DaVita, Inc.:
3.75% 2/15/31 (c)(d)		1,870	1,626
4.625% 6/1/30 (c)		9,340	8,599
6.875% 9/1/32 (c)		4,370	4,393
Embecta Corp. 5% 2/15/30 (c)		610	552
Encompass Health Corp. 5.75% 9/15/25		9	9
Grifols SA 4.75% 10/15/28 (c)		1,552	1,430
HAH Group Holding Co. LLC 9.75% 10/1/31 (c)		5,381	5,483
IQVIA, Inc. 6.5% 5/15/30 (c)(d)		2,670	2,743
Jazz Securities DAC 4.375% 1/15/29 (c)		4,460	4,220
LifePoint Health, Inc.:
5.375% 1/15/29 (c)		1,488	1,362
9.875% 8/15/30 (c)(d)		1,785	1,953
10% 6/1/32 (c)		1,206	1,287
Medline Borrower LP 3.875% 4/1/29 (c)		610	571
Medline Borrower LP / Medline Co. 6.25% 4/1/29 (c)		12,335	12,550
Modivcare, Inc. 5% 10/1/29 (c)		970	660
Molina Healthcare, Inc.:
3.875% 11/15/30 (c)		3,120	2,825
3.875% 5/15/32 (c)(d)		1,565	1,387
Omega Healthcare Investors, Inc. 3.25% 4/15/33		6,131	5,156
Organon & Co. / Organon Foreign Debt Co-Issuer BV:
4.125% 4/30/28 (c)		7,125	6,751
5.125% 4/30/31 (c)		2,928	2,670
6.75% 5/15/34 (c)		504	505
7.875% 5/15/34 (c)		785	810
Pediatrix Medical Group, Inc. 5.375% 2/15/30 (c)		4,035	3,857
Prime Healthcare Services 9.375% 9/1/29 (c)(d)		1,340	1,362
Radiology Partners, Inc. 7.775% 1/31/29 pay-in-kind (c)(e)		6,557	6,459
Sotera Health Holdings LLC 7.375% 6/1/31 (c)		2,118	2,169
Surgery Center Holdings, Inc. 7.25% 4/15/32 (c)		4,985	5,119
Teleflex, Inc. 4.25% 6/1/28 (c)		1,540	1,476
Tenet Healthcare Corp.:
4.25% 6/1/29		6,525	6,173
4.375% 1/15/30		4,125	3,867
6.125% 10/1/28		5,930	5,924
6.125% 6/15/30		6,675	6,706
6.25% 2/1/27		1,214	1,215
6.75% 5/15/31 (d)		945	966
6.875% 11/15/31		10	11
Teva Pharmaceutical Finance Netherlands III BV:
3.15% 10/1/26		3,265	3,112
7.875% 9/15/29		930	1,003
U.S. Acute Care Solutions 9.75% 5/15/29 (c)		1,703	1,737
			208,616
Homebuilders/Real Estate - 3.6%
Anywhere Real Estate Group LLC 7% 4/15/30 (c)(d)		2,120	1,858
Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp. 5.75% 1/15/29 (c)		1,621	1,335
Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp. 5.25% 4/15/30 (c)		736	561
Ashton Woods U.S.A. LLC/Ashton Woods Finance Co.:
4.625% 8/1/29 (c)		2,555	2,388
6.625% 1/15/28 (c)		5	5
ATP Tower Holdings LLC/Andean Tower Partners 4.05% 4/27/26 (c)		4,659	4,495
Beazer Homes U.S.A., Inc. 7.5% 3/15/31 (c)		2,160	2,221
Greystar Real Estate Partners 7.75% 9/1/30 (c)		1,240	1,299
HAT Holdings I LLC/HAT Holdings II LLC:
3.375% 6/15/26 (c)		2,790	2,694
8% 6/15/27 (c)		530	555
Howard Hughes Corp.:
4.125% 2/1/29 (c)		2,350	2,164
4.375% 2/1/31 (c)		1,350	1,210
Jones DesLauriers Insurance Management, Inc. 10.5% 12/15/30 (c)		605	652
Kennedy-Wilson, Inc.:
4.75% 3/1/29		55	50
4.75% 2/1/30 (d)		3,915	3,502
5% 3/1/31		55	49
Landsea Homes Corp. 8.875% 4/1/29 (c)		1,215	1,240
LGI Homes, Inc.:
4% 7/15/29 (c)(d)		1,585	1,419
8.75% 12/15/28 (c)		1,070	1,127
MPT Operating Partnership LP/MPT Finance Corp.:
3.5% 3/15/31		10,375	7,347
4.625% 8/1/29 (d)		5,920	4,604
5% 10/15/27 (d)		10,263	9,058
5.25% 8/1/26 (d)		5,594	5,291
Panther Escrow Issuer LLC 7.125% 6/1/31 (c)		4,005	4,101
Railworks Holdings LP 8.25% 11/15/28 (c)		5,744	5,879
Rithm Capital Corp.:
6.25% 10/15/25 (c)		468	467
8% 4/1/29 (c)		1,300	1,297
Safehold Operating Partnership LP:
2.8% 6/15/31		5,785	4,970
2.85% 1/15/32		3,605	3,057
Starwood Property Trust, Inc.:
3.625% 7/15/26 (c)		595	570
3.75% 12/31/24 (c)		1,886	1,878
4.75% 3/15/25		680	678
6% 4/15/30 (c)		2,495	2,446
7.25% 4/1/29 (c)(d)		1,625	1,663
Taylor Morrison Communities, Inc./Monarch Communities, Inc.:
5.125% 8/1/30 (c)		1,005	972
5.75% 1/15/28 (c)		80	80
5.875% 6/15/27 (c)		55	55
TopBuild Corp. 4.125% 2/15/32 (c)		2,115	1,886
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC:
6.5% 2/15/29 (c)		6,755	5,815
10.5% 2/15/28 (c)		150	160
10.5% 2/15/28 (c)		7,423	7,907
VICI Properties LP / VICI Note Co. 3.75% 2/15/27 (c)(d)		205	198
			99,203
Hotels - 0.9%
Carnival Holdings (Bermuda) Ltd. 10.375% 5/1/28 (c)		125	134
Hilton Domestic Operating Co., Inc.:
3.625% 2/15/32 (c)		9,712	8,525
3.75% 5/1/29 (c)		35	33
4% 5/1/31 (c)		3,495	3,184
5.875% 4/1/29 (c)		2,280	2,314
5.875% 3/15/33 (c)(d)		1,445	1,448
6.125% 4/1/32 (c)(d)		2,325	2,348
Hilton Grand Vacations Borrower Escrow LLC 6.625% 1/15/32 (c)		3,990	3,991
Lindblad Expeditions Holdings 9% 5/15/28 (c)		185	193
Lindblad Expeditions LLC 6.75% 2/15/27 (c)		720	723
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer 7% 2/1/30 (c)		1,860	1,905
			24,798
Insurance - 1.4%
Acrisure LLC / Acrisure Finance, Inc.:
4.25% 2/15/29 (c)(d)		1,100	1,034
7.5% 11/6/30 (c)		1,320	1,342
8.25% 2/1/29 (c)		1,340	1,362
8.5% 6/15/29 (c)		1,320	1,356
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer:
4.25% 10/15/27 (c)		8,485	8,047
5.875% 11/1/29 (c)		190	179
6.5% 10/1/31 (c)		600	594
6.75% 10/15/27 (c)		1,580	1,574
6.75% 4/15/28 (c)		1,370	1,376
7.375% 10/1/32 (c)		2,115	2,097
AmWINS Group, Inc.:
4.875% 6/30/29 (c)		3,210	3,021
6.375% 2/15/29 (c)		2,710	2,723
APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Investor 2 LLC 7.875% 11/1/29 (c)		4,535	4,530
AssuredPartners, Inc.:
5.625% 1/15/29 (c)		3,325	3,146
7.5% 2/15/32 (c)		3,390	3,414
HUB International Ltd. 7.25% 6/15/30 (c)		3,345	3,457
			39,252
Leisure - 2.3%
Amer Sports Co. 6.75% 2/16/31 (c)(d)		5,815	5,907
Carnival Corp.:
5.75% 3/1/27 (c)		135	135
6% 5/1/29 (c)		5,195	5,203
6.65% 1/15/28		750	764
7.625% 3/1/26 (c)		10,535	10,609
10.5% 6/1/30 (c)		4,745	5,119
ClubCorp Holdings, Inc. 8.5% 9/15/25 (c)		1,645	1,612
MajorDrive Holdings IV LLC 6.375% 6/1/29 (c)		3,927	3,765
Merlin Entertainments Group 7.375% 2/15/31 (c)		1,265	1,240
NCL Corp. Ltd.:
3.625% 12/15/24 (c)		1,198	1,194
5.875% 3/15/26 (c)		2,195	2,193
Royal Caribbean Cruises Ltd.:
4.25% 7/1/26 (c)		130	128
5.375% 7/15/27 (c)		60	60
5.5% 8/31/26 (c)		135	135
5.625% 9/30/31 (c)		9,760	9,705
6% 2/1/33 (c)		5,245	5,277
6.25% 3/15/32 (c)		4,680	4,771
Viking Cruises Ltd. 9.125% 7/15/31 (c)		930	1,004
Viking Ocean Cruises Ship VII Ltd. 5.625% 2/15/29 (c)		1,605	1,583
Voc Escrow Ltd. 5% 2/15/28 (c)		2,130	2,071
			62,475
Metals/Mining - 2.3%
Alcoa Nederland Holding BV 7.125% 3/15/31 (c)		9,862	10,283
Alpha Natural Resources, Inc. 9.75% (b)(i)		210	0
Cleveland-Cliffs, Inc.:
6.875% 11/1/29 (c)		1,530	1,536
7% 3/15/32 (c)(d)		3,150	3,154
7.375% 5/1/33 (c)		1,530	1,541
Eldorado Gold Corp. 6.25% 9/1/29 (c)		1,860	1,834
ERO Copper Corp. 6.5% 2/15/30 (c)		8,273	8,128
First Quantum Minerals Ltd.:
6.875% 10/15/27 (c)		5,495	5,431
8.625% 6/1/31 (c)		285	287
9.375% 3/1/29 (c)		7,740	8,229
FMG Resources August 2006 Pty Ltd.:
4.375% 4/1/31 (c)		1,415	1,288
5.875% 4/15/30 (c)		130	129
HudBay Minerals, Inc.:
4.5% 4/1/26 (c)		1,120	1,106
6.125% 4/1/29 (c)		105	106
Mineral Resources Ltd.:
8% 11/1/27 (c)		3,910	4,009
8.5% 5/1/30 (c)		3,375	3,471
9.25% 10/1/28 (c)		2,425	2,553
Novelis Corp. 3.875% 8/15/31 (c)		1,475	1,295
Samarco Mineracao SA 9% 6/30/31 pay-in-kind (c)(e)		3,858	3,649
Vibrantz Technologies, Inc. 9% 2/15/30 (c)		5,155	4,829
Volcan Compania Minera SAA 8.75% 1/24/30 (c)		1,980	1,809
			64,667
Paper - 1.1%
Ahlstrom Holding 3 OY 4.875% 2/4/28 (c)		5,610	5,308
Ardagh Metal Packaging Finance U.S.A. LLC/Ardagh Metal Packaging Finance PLC:
4% 9/1/29 (c)		5,755	5,048
6% 6/15/27 (c)		4,690	4,677
Clydesdale Acquisition Holdings, Inc.:
6.625% 4/15/29 (c)		1,515	1,522
6.875% 1/15/30 (c)(d)		2,995	3,039
8.75% 4/15/30 (c)		5,305	5,387
Mativ Holdings, Inc. 8% 10/1/29 (c)		1,520	1,547
Mercer International, Inc. 5.125% 2/1/29 (d)		908	784
Rayonier AM Products, Inc. 7.625% 1/15/26 (c)		2,282	2,283
			29,595
Publishing/Printing - 0.1%
Cimpress PLC 7.375% 9/15/32 (c)		2,335	2,299
Railroad - 0.2%
Genesee & Wyoming, Inc. 6.25% 4/15/32 (c)		6,650	6,708
Restaurants - 0.9%
1011778 BC Unlimited Liability Co./New Red Finance, Inc.:
3.875% 1/15/28 (c)		2,310	2,202
4% 10/15/30 (c)		7,126	6,436
5.625% 9/15/29 (c)		3,985	3,975
6.125% 6/15/29 (c)		2,960	3,012
Yum! Brands, Inc.:
3.625% 3/15/31		705	638
4.625% 1/31/32		9,050	8,485
4.75% 1/15/30 (c)		200	194
5.375% 4/1/32 (d)		1,100	1,071
			26,013
Services - 5.5%
ADT Corp. 4.125% 8/1/29 (c)(d)		3,320	3,104
Allied Universal Holdco LLC 7.875% 2/15/31 (c)		4,155	4,228
Allied Universal Holdco LLC / Allied Universal Finance Corp.:
6% 6/1/29 (c)		4,960	4,538
9.75% 7/15/27 (c)		7,370	7,388
Artera Services LLC 8.5% 2/15/31 (c)		15,504	15,365
ASGN, Inc. 4.625% 5/15/28 (c)		2,660	2,540
Atlas Luxco 4 SARL / Allied Universal Holdco LLC / Allied Universal Finance Corp. 4.625% 6/1/28 (c)		38	36
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.:
5.375% 3/1/29 (c)		40	37
5.75% 7/15/27 (c)		320	314
8.25% 1/15/30 (c)(d)		590	603
Brand Industrial Services, Inc. 10.375% 8/1/30 (c)		10,830	11,481
CoreCivic, Inc.:
4.75% 10/15/27		6,734	6,416
8.25% 4/15/29 (d)		6,685	7,020
CoreLogic, Inc. 4.5% 5/1/28 (c)		2,960	2,779
Garda World Security Corp.:
8.25% 8/1/32 (c)		1,620	1,612
8.375% 11/15/32 (c)		1,740	1,740
Gartner, Inc. 4.5% 7/1/28 (c)		3,760	3,669
Hertz Corp.:
5.5% (b)(c)(i)		65	4
6% (b)(c)(i)		85	14
6.25% (b)(i)		60	3
7.125% (b)(c)(i)		85	16
Life Time, Inc.:
5.75% 1/15/26 (c)		3,378	3,376
6% 11/15/31 (c)(g)		7,560	7,528
8% 4/15/26 (c)		6,085	6,115
Neptune BidCo U.S., Inc. 9.29% 4/15/29 (c)		1,062	988
Service Corp. International:
4% 5/15/31 (d)		2,300	2,074
5.125% 6/1/29		1,478	1,450
5.75% 10/15/32		1,355	1,331
Sotheby's 7.375% 10/15/27 (c)		3,894	3,790
Staples, Inc.:
10.75% 9/1/29 (c)		4,915	4,753
12.75% 1/15/30 (c)		4,067	3,232
StoneMor, Inc. 8.5% 5/15/29 (c)		1,515	1,350
The GEO Group, Inc.:
8.625% 4/15/29		4,285	4,482
10.25% 4/15/31		3,686	3,951
TriNet Group, Inc.:
3.5% 3/1/29 (c)		7,560	6,874
7.125% 8/15/31 (c)		1,445	1,480
Uber Technologies, Inc.:
4.3% 1/15/30		1,331	1,294
8% 11/1/26 (c)		9,595	9,595
United Rentals North America, Inc. 6.125% 3/15/34 (c)		5,535	5,581
WASH Multifamily Acquisition, Inc. 5.75% 4/15/26 (c)		9,222	9,199
			151,350
Steel - 0.4%
ATI, Inc. 7.25% 8/15/30		1,350	1,399
Commercial Metals Co.:
3.875% 2/15/31		1,685	1,513
4.125% 1/15/30		2,700	2,506
TMK Capital SA 4.3% (Reg. S) (b)(i)		200	30
Vallourec SA 7.5% 4/15/32 (c)		5,456	5,715
			11,163
Super Retail - 1.8%
Bath & Body Works, Inc.:
6.625% 10/1/30 (c)(d)		110	110
6.694% 1/15/27 (d)		1,315	1,346
Carvana Co.:
4.875% 9/1/29 (c)		2,253	1,887
5.5% 4/15/27 (c)		2,422	2,228
5.625% 10/1/25 (c)		4,209	4,157
5.875% 10/1/28 (c)		1,267	1,139
10.25% 5/1/30 (c)		357	361
12% 12/1/28 pay-in-kind (c)(e)		2,388	2,526
13% 6/1/30 pay-in-kind (c)(e)		2,262	2,466
14% 6/1/31 pay-in-kind (c)(e)		4,477	5,337
EG Global Finance PLC 12% 11/30/28 (c)		13,474	14,982
LBM Acquisition LLC 6.25% 1/15/29 (c)		4,145	3,823
Levi Strauss & Co. 3.5% 3/1/31 (c)(d)		620	548
Michaels Companies, Inc. 5.25% 5/1/28 (c)		1,174	845
Nordstrom, Inc.:
4.25% 8/1/31		1,175	1,034
4.375% 4/1/30 (d)		870	789
Sally Holdings LLC 6.75% 3/1/32 (d)		2,810	2,845
Wolverine World Wide, Inc. 4% 8/15/29 (c)		3,140	2,685
			49,108
Technology - 6.6%
Acuris Finance U.S. 5% 5/1/28 (c)		8,951	8,078
Ahead DB Holdings LLC 6.625% 5/1/28 (c)		3,435	3,335
Amentum Holdings, Inc. 7.25% 8/1/32 (c)		3,155	3,268
Block, Inc.:
3.5% 6/1/31 (d)		7,680	6,808
6.5% 5/15/32 (c)		7,105	7,231
Cloud Software Group, Inc.:
6.5% 3/31/29 (c)		1,472	1,438
8.25% 6/30/32 (c)		5,905	6,069
9% 9/30/29 (c)		12,607	12,606
Cogent Communications Group, Inc. 7% 6/15/27 (c)		4,640	4,666
Coherent Corp. 5% 12/15/29 (c)(d)		5,525	5,300
CommScope, Inc. 4.75% 9/1/29 (c)		5,730	4,899
Elastic NV 4.125% 7/15/29 (c)		935	865
Entegris, Inc.:
3.625% 5/1/29 (c)		2,050	1,876
4.75% 4/15/29 (c)		2,000	1,938
5.95% 6/15/30 (c)		8,335	8,326
Gen Digital, Inc. 5% 4/15/25 (c)		2,715	2,708
Go Daddy Operating Co. LLC / GD Finance Co., Inc.:
3.5% 3/1/29 (c)(d)		4,760	4,393
5.25% 12/1/27 (c)		945	934
Helios Software Holdings, Inc. / ION Corporate Solutions Finance Sarl 8.75% 5/1/29 (c)		2,125	2,157
HTA Group Ltd. 7.5% 6/4/29 (c)		12,055	12,249
Iliad Holding SAS:
7% 10/15/28 (c)		285	289
8.5% 4/15/31 (c)		4,625	4,942
Insight Enterprises, Inc. 6.625% 5/15/32 (c)		2,180	2,229
ION Trading Technologies Ltd.:
5.75% 5/15/28 (c)		4,115	3,730
9.5% 5/30/29 (c)		265	269
Lightning Power LLC 7.25% 8/15/32 (c)		2,445	2,544
Match Group Holdings II LLC:
3.625% 10/1/31 (c)(d)		820	718
4.125% 8/1/30 (c)		1,815	1,650
McAfee Corp. 7.375% 2/15/30 (c)		2,290	2,208
NCR Atleos Corp. 9.5% 4/1/29 (c)		2,437	2,682
NCR Voyix Corp. 5.125% 4/15/29 (c)		14	13
ON Semiconductor Corp. 3.875% 9/1/28 (c)		3,675	3,446
Open Text Corp. 3.875% 12/1/29 (c)		4,020	3,667
Open Text Holdings, Inc.:
4.125% 2/15/30 (c)		4,820	4,425
4.125% 12/1/31 (c)(d)		4,170	3,745
Rackspace Finance LLC 3.5% 5/15/28 (c)		6,438	3,793
Roblox Corp. 3.875% 5/1/30 (c)		4,230	3,828
Seagate HDD Cayman:
5.75% 12/1/34		3,695	3,641
8.25% 12/15/29		1,355	1,458
8.5% 7/15/31		1,625	1,752
Sensata Technologies BV 4% 4/15/29 (c)		3,505	3,278
Sensata Technologies, Inc.:
3.75% 2/15/31 (c)(d)		1,370	1,223
6.625% 7/15/32 (c)(d)		2,945	2,984
TTM Technologies, Inc. 4% 3/1/29 (c)		7,050	6,591
UKG, Inc. 6.875% 2/1/31 (c)		3,350	3,432
Veritas U.S., Inc./Veritas Bermuda Ltd. 7.5% 9/1/25 (c)		1,900	1,808
Virtusa Corp. 7.125% 12/15/28 (c)		804	780
Western Digital Corp.:
2.85% 2/1/29		5,455	4,820
3.1% 2/1/32 (d)		2,295	1,920
4.75% 2/15/26		300	296
Wolfspeed, Inc. 4.2917% 6/23/30 pay-in-kind (b)(c)(e)(j)		4,855	4,661
			181,966
Telecommunications - 4.9%
Altice Financing SA 5.75% 8/15/29 (c)		13,325	10,928
Altice France Holding SA 6% 2/15/28 (c)		3,268	868
Altice France SA:
5.125% 1/15/29 (c)		11,664	8,736
5.125% 7/15/29 (c)		9,500	7,106
5.5% 1/15/28 (c)		4,070	3,158
5.5% 10/15/29 (c)		50	37
AXIAN Telecom 7.375% 2/16/27 (c)		2,640	2,652
C&W Senior Finance Ltd. 6.875% 9/15/27 (c)		7,600	7,525
Cablevision Lightpath LLC:
3.875% 9/15/27 (c)		524	498
5.625% 9/15/28 (c)		1,015	942
Consolidated Communications, Inc. 5% 10/1/28 (c)		2,530	2,340
Frontier Communications Holdings LLC:
5% 5/1/28 (c)		5,565	5,471
5.875% 11/1/29		3,564	3,482
8.75% 5/15/30 (c)		3,210	3,398
IHS Holding Ltd.:
5.625% 11/29/26 (c)		2,672	2,617
6.25% 11/29/28 (c)		615	576
IHS Netherlands Holdco BV 8% 9/18/27 (c)		2,850	2,847
Intelsat Jackson Holdings SA 6.5% 3/15/30 (c)		4,520	4,247
LCPR Senior Secured Financing DAC:
5.125% 7/15/29 (c)		3,809	3,207
6.75% 10/15/27 (c)		4,880	4,585
Level 3 Financing, Inc.:
3.625% 1/15/29 (c)		1,055	791
3.875% 10/15/30 (c)		4,604	3,499
4% 4/15/31 (c)		384	290
4.25% 7/1/28 (c)		300	249
4.5% 4/1/30 (c)		2,255	1,804
4.625% 9/15/27 (c)		300	272
10.5% 5/15/30 (c)		7,137	7,806
11% 11/15/29 (c)		3,125	3,527
Liquid Telecommunications Financing PLC 5.5% 9/4/26 (c)		5,831	4,140
Millicom International Cellular SA:
4.5% 4/27/31 (c)		1,349	1,211
5.125% 1/15/28 (c)		2,750	2,658
7.375% 4/2/32 (c)		1,620	1,655
Sable International Finance Ltd. 7.125% 10/15/32 (c)		4,540	4,555
SBA Communications Corp.:
3.125% 2/1/29		70	64
3.875% 2/15/27 (d)		200	194
Sitios Latinoamerica S.A.B. de CV 5.375% 4/4/32 (c)		2,855	2,728
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC 6% 1/15/30 (c)		9,090	7,615
ViaSat, Inc. 5.625% 9/15/25 (c)		5,933	5,856
Virgin Media Secured Finance PLC 4.5% 8/15/30 (c)		5,830	5,106
VMED O2 UK Financing I PLC:
4.25% 1/31/31 (c)		1,079	931
7.75% 4/15/32 (c)		1,360	1,362
Zayo Group Holdings, Inc. 4% 3/1/27 (c)(d)		4,765	4,241
			135,774
Textiles/Apparel - 0.1%
Crocs, Inc. 4.125% 8/15/31 (c)(d)		1,525	1,336
Kontoor Brands, Inc. 4.125% 11/15/29 (c)(d)		1,460	1,361
			2,697
Transportation Ex Air/Rail - 0.7%
Golar LNG Ltd.:
7% 10/20/25 (c)		4,760	4,799
7.75% 9/19/29 (Reg. S) (c)		4,000	3,979
Seaspan Corp. 5.5% 8/1/29 (c)		2,955	2,811
XPO, Inc.:
6.25% 6/1/28 (c)		800	812
7.125% 6/1/31 (c)(d)		1,330	1,377
7.125% 2/1/32 (c)(d)		4,620	4,799
Yinson Boronia Production BV 8.947% 7/31/42 (c)		1,320	1,398
			19,975
Utilities - 3.0%
Calpine Corp.:
4.625% 2/1/29 (c)		1,820	1,726
5% 2/1/31 (c)		1,000	944
5.125% 3/15/28 (c)		2,127	2,079
Clearway Energy Operating LLC:
3.75% 2/15/31 (c)		6,515	5,816
3.75% 1/15/32 (c)(d)		670	594
4.75% 3/15/28 (c)		1,030	999
DPL, Inc.:
4.125% 7/1/25		3,760	3,727
4.35% 4/15/29		460	432
NextEra Energy Partners LP:
4.5% 9/15/27 (c)		1,528	1,467
7.25% 1/15/29 (c)(d)		265	273
NRG Energy, Inc.:
3.375% 2/15/29 (c)		5,740	5,234
3.625% 2/15/31 (c)		1,990	1,762
3.875% 2/15/32 (c)(d)		5	4
5.25% 6/15/29 (c)		5,350	5,228
5.75% 7/15/29		3,330	3,280
6% 2/1/33 (c)		3,020	3,003
6.25% 11/1/34 (c)		3,238	3,235
PG&E Corp.:
5% 7/1/28 (d)		2,190	2,136
5.25% 7/1/30		13,273	12,935
7.375% 3/15/55 (e)		2,412	2,491
Pike Corp.:
5.5% 9/1/28 (c)		1,937	1,898
8.625% 1/31/31 (c)		2,070	2,199
Vistra Operations Co. LLC:
5% 7/31/27 (c)		8,046	7,940
5.5% 9/1/26 (c)		2,040	2,034
5.625% 2/15/27 (c)		6,435	6,418
6.875% 4/15/32 (c)		3,030	3,133
7.75% 10/15/31 (c)		2,240	2,366
			83,353
TOTAL NONCONVERTIBLE BONDS			2,333,988
TOTAL CORPORATE BONDS (Cost $2,430,947)			2,381,704

U.S. Treasury Obligations - 2.5%
	Principal Amount (a) (000s)	Value ($) (000s)
U.S. Treasury Notes:
3.75% 5/31/30	10,630	10,400
4% 2/15/34	59,268	57,995
TOTAL U.S. TREASURY OBLIGATIONS (Cost $68,822)		68,395

Asset-Backed Securities - 0.2%
	Principal Amount (a) (000s)	Value ($) (000s)
Agl Clo 5 Ltd. Series 2024-5A Class ERR, CME Term SOFR 3 Month Index + 6.350% 10.9674% 7/20/34 (c)(e)(f)	154	154
Ares Loan Funding Vii Ltd. Series 2024-ALF7 Class E, CME Term SOFR 3 Month Index + 6.250% 10.7901% 10/22/37 (c)(e)(f)	150	152
Bbam U.S. Clo Iv Ltd. Series 2024-4A Class D, CME Term SOFR 3 Month Index + 6.250% 11.5729% 7/15/39 (c)(e)(f)	250	252
Birch Grove Clo 5 LLC Series 2024-5A Class ER, CME Term SOFR 3 Month Index + 6.750% 11.5989% 10/20/37 (c)(e)(f)	184	187
Carlyle U.S. Clo 2024-2 Ltd. Series 2024-2A Class E, CME Term SOFR 3 Month Index + 6.850% 11.4759% 4/25/37 (c)(e)(f)	250	254
Carlyle U.S. Clo 2024-6 Ltd. Series 2024-6A Class E, CME Term SOFR 3 Month Index + 5.750% 0% 10/25/37 (c)(e)(f)(g)	223	223
Carval Clo Xi-C Ltd. Series 2024-3A Class E, CME Term SOFR 3 Month Index + 6.350% 10.9214% 10/20/37 (c)(e)(f)	317	319
Croton Pk Clo Ltd. CME Term SOFR 3 Month Index + 5.550% 10.1997% 10/15/36 (c)(e)(f)	285	288
Eaton Vance CLO, Ltd. Series 2024-1A Class D2, CME Term SOFR 3 Month Index + 4.500% 9.1559% 10/15/37 (c)(e)(f)	200	202
Golub Capital Partners Clo 76 B Lt Series 2024-76A Class E, CME Term SOFR 3 Month Index + 5.750% 10.4919% 10/25/37 (c)(e)(f)	175	176
Invesco U.S. Clo 2023-2 Ltd. Series 2023-2A Class F, CME Term SOFR 3 Month Index + 7.580% 12.1974% 4/21/36 (c)(e)(f)	423	418
Magnetite Xxix Ltd. Series 2024-29A Class ER, CME Term SOFR 3 Month Index + 6.000% 11.2417% 7/15/37 (c)(e)(f)	150	152
Midocean Credit Clo Xii Ltd. Series 2024-12A Class ER, CME Term SOFR 3 Month Index + 6.650% 11.2824% 4/18/36 (c)(e)(f)	424	428
Midocean Credit Clo Xv Ltd. Series 2024-15A Class E, CME Term SOFR 3 Month Index + 6.250% 10.8674% 7/21/37 (c)(e)(f)	250	251
Midocean Credit Clo Xvi Series 2024-16A Class E, CME Term SOFR 3 Month Index + 6.250% 6.25% 10/20/37 (c)(e)(f)(g)	222	222
Neuberger Berman Loan Advisers Series 2024-2A Class E, CME Term SOFR 3 Month Index + 7.500% 12.1174% 4/20/38 (c)(e)(f)	791	801
Ocp Clo 2017-14 Ltd. Series 2024-14A Class ER, CME Term SOFR 3 Month Index + 6.550% 11.2908% 7/20/37 (c)(e)(f)	200	203
OCP CLO Ltd.:
Series 2021-21A Class E, CME Term SOFR 3 Month Index + 6.540% 11.159% 7/20/34 (c)(e)(f)	425	426
Series 2024-11A Class ER2, CME Term SOFR 3 Month Index + 6.820% 11.4372% 4/26/36 (c)(e)(f)	560	562
Orchard Park Clo Ltd. Series 2024-1A Class E, CME Term SOFR 3 Month Index + 5.600% 10.2529% 10/20/37 (c)(e)(f)	285	289
Palmer Square Ln Funding 2024-2 Lt Series 2024-2A Class D, CME Term SOFR 3 Month Index + 4.700% 6.2% 1/15/33 (c)(e)(f)(g)	285	285
Rr 31 Ltd. Series 2024-31A Class D, CME Term SOFR 3 Month Index + 6.000% 10.5928% 10/15/39 (c)(e)(f)	150	150
TOTAL ASSET-BACKED SECURITIES (Cost $6,342)		6,394

Commercial Mortgage Securities - 0.1%
	Principal Amount (a) (000s)	Value ($) (000s)
BX Commercial Mortgage Trust floater Series 2021-SOAR Class G, CME Term SOFR 1 Month Index + 2.910% 7.7185% 6/15/38 (c)(e)(f)	1,878	1,853
Hilton U.S.A. Trust Series 2016-HHV Class F, 4.1935% 11/5/38 (c)(e)	1,700	1,605
TOTAL COMMERCIAL MORTGAGE SECURITIES (Cost $3,318)		3,458

Common Stocks - 1.9%
	Shares	Value ($) (000s)
Automotive & Auto Parts - 0.0%
Aptiv PLC (k)	20,100	1,142
UC Holdings, Inc. (b)(k)	3,510	1
TOTAL AUTOMOTIVE & AUTO PARTS		1,143
Energy - 0.9%
California Resources Corp.	170	9
Cheniere Energy, Inc.	13,400	2,564
EP Energy Corp. (b)(k)	7,975	10
Forbes Energy Services Ltd. (b)(k)	47,062	0
Mesquite Energy, Inc. (b)(k)	213,506	18,031
Mesquite Energy, Inc. (b)(k)	3,543	287
Noble Corp. PLC:
warrants 2/4/28 (k)	600	9
warrants 2/4/28 (k)	600	6
PureWest Energy (b)(k)	105	0
South Bow Corp.	126,400	3,156
Superior Energy Services, Inc. Class A (b)	609	37
Tidewater, Inc. warrants 11/14/42 (k)	1,897	125
TOTAL ENERGY		24,234
Entertainment/Film - 0.0%
New Cotai LLC/New Cotai Capital Corp. (b)(k)(l)	125,816	78
Food & Drug Retail - 0.0%
Northeast Grocery, Inc. (b)(k)(l)	12,754	64
Southeastern Grocers, Inc. rights (b)(k)	1,243,047	803
TOTAL FOOD & DRUG RETAIL		867
Healthcare - 0.2%
Cano Health, Inc. (b)	271,705	3,320
Cano Health, Inc. warrants (b)(k)	14,480	57
Centene Corp. (k)	19,300	1,202
TOTAL HEALTHCARE		4,579
Hotels - 0.0%
Travelport Finance Luxembourg SARL (b)	7	17
Leisure - 0.0%
Topgolf Callaway Brands Corp. (k)	135,500	1,316
Services - 0.1%
CoreCivic, Inc. (k)	100,800	1,392
The GEO Group, Inc. (k)	90,800	1,378
TOTAL SERVICES		2,770
Steel - 0.0%
Vallourec SA (k)	82,400	1,349
Technology - 0.2%
Coherent Corp. (k)	22,600	2,089
ON Semiconductor Corp. (k)	31,600	2,227
TOTAL TECHNOLOGY		4,316
Telecommunications - 0.5%
GTT Communications, Inc. (b)(k)	113,281	6,123
Helios Towers PLC (k)	4,721,184	6,477
Intelsat Emergence SA (b)	2,308	79
TOTAL TELECOMMUNICATIONS		12,679
TOTAL COMMON STOCKS (Cost $40,069)		53,348

Bank Loan Obligations - 4.3%
	Principal Amount (a) (000s)	Value ($) (000s)
Aerospace - 0.1%
Azorra Soar Tlb Finance Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.1324% 10/18/29 (e)(f)(m)	1,520	1,518
Air Transportation - 0.0%
Echo Global Logistics, Inc.:
1LN, term loan CME Term SOFR 3 Month Index + 4.750% 9.5352% 11/23/28 (b)(e)(f)(m)	189	189
2LN, term loan:
CME Term SOFR 3 Month Index + 7.000% 11.7852% 11/23/29 (b)(e)(f)(m)	30	30
CME Term SOFR 3 Month Index + 8.000% 12.7852% 11/23/29 (b)(e)(f)(m)	257	257
TOTAL AIR TRANSPORTATION		476
Banks & Thrifts - 0.0%
Cpi Holdco B LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.250% 0% 5/19/31 (e)(f)(m)(n)	295	293
Broadcasting - 0.3%
Diamond Sports Group LLC:
1LN, term loan CME Term SOFR 1 Month Index + 8.000% 14.9441% 5/25/26 (e)(f)(m)	5,064	4,359
Tranche DIP term loan 10% 8/2/27 (m)	2,353	2,476
Sinclair Television Group, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 2.500% 7.2996% 9/30/26 (e)(f)(m)	1,716	1,654
TOTAL BROADCASTING		8,489
Chemicals - 0.3%
Consolidated Energy Finance SA Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.500% 9.5572% 11/15/30 (e)(f)(m)	75	70
Discovery Purchaser Corp. 1LN, term loan CME Term SOFR 3 Month Index + 4.370% 8.9647% 10/4/29 (e)(f)(m)	1,076	1,074
Hexion Holdings Corp. 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.7711% 3/15/29 (e)(f)(m)	4,315	4,311
Hexion, Inc. 2LN, term loan CME Term SOFR 1 Month Index + 7.430% 12.2227% 3/15/30 (e)(f)(m)	600	542
M2S Group Intermediate Holding Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.750% 9.8518% 8/22/31 (e)(f)(m)	3,597	3,476
TOTAL CHEMICALS		9,473
Consumer Products - 0.2%
Mattress Firm, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.250% 8.9235% 9/24/28 (e)(f)(m)	1,476	1,475
Olaplex, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 0% 2/23/29 (e)(f)(m)(n)	610	589
TGP Holdings III LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.6811% 6/29/28 (e)(f)(m)	1,508	1,425
TKC Holdings, Inc. 1LN, term loan 13.5% 2/14/27 (e)(m)	1,735	1,484
TOTAL CONSUMER PRODUCTS		4,973
Diversified Financial Services - 0.0%
Softbank SVF II Cayman LP 1LN, term loan 3 month U.S. LIBOR + 5.000% 6% 12/31/25 (b)(e)(f)(m)	241	241
Energy - 0.5%
EG America LLC Tranche BC 1LN, term loan CME Term SOFR 1 Month Index + 5.500% 10.4445% 2/7/28 (e)(f)(m)	6,567	6,569
Enstall Group BV Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.750% 9.8653% 8/27/28 (e)(f)(m)	3,299	3,101
Mesquite Energy, Inc.:
1LN, term loan 3 month U.S. LIBOR + 8.000% 0% (b)(e)(f)(i)(m)	4,024	0
term loan 0% (b)(e)(i)(m)	1,718	0
Natgasoline LLC Tranche B, term loan CME Term SOFR 6 Month Index + 3.500% 9.016% 11/14/25 (e)(f)(m)	1,510	1,480
Win Waste Innovations Holdings Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.5496% 3/25/28 (e)(f)(m)	2,914	2,769
TOTAL ENERGY		13,919
Food & Drug Retail - 0.1%
Upfield U.S.A. Corp. Tranche B7 1LN, term loan CME Term SOFR 1 Month Index + 4.250% 9.76% 1/3/28 (e)(f)(j)(m)	1,520	1,516
Healthcare - 0.2%
Cano Health, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 8.000% 12.6037% 6/28/29 (e)(f)(m)	1,629	1,617
HAH Group Holding Co. LLC 1LN, term loan CME Term SOFR 1 Month Index + 5.000% 9.6852% 9/24/31 (e)(f)(m)	1,150	1,124
Modivcare, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.750% 9.3434% 7/1/31 (e)(f)(m)	2,459	2,364
TOTAL HEALTHCARE		5,105
Insurance - 0.0%
Acrisure LLC Tranche B6 1LN, term loan CME Term SOFR 3 Month Index + 3.250% 8.0092% 11/6/30 (e)(f)(m)	5	5
Truist Insurance Holdings LLC 2L, term loan CME Term SOFR 3 Month Index + 4.750% 9.3537% 5/6/32 (e)(f)(m)	80	81
TOTAL INSURANCE		86
Leisure - 0.7%
Bulldog Purchaser, Inc. Tranche B 2LN, term loan CME Term SOFR 3 Month Index + 6.750% 11.3537% 6/14/32 (e)(f)(m)	535	532
City Football Group Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 7.8322% 7/21/30 (e)(f)(m)	6,340	6,261
ClubCorp Holdings, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 5.000% 9.8653% 9/18/26 (e)(f)(m)	4,437	4,440
Crown Finance U.S., Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 5.000% 0% 10/31/31 (e)(f)(m)(n)	605	601
United PF Holdings LLC:
1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.847% 12/30/26 (e)(f)(m)	8,318	7,990
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 8.500% 13.347% 12/30/26 (e)(f)(m)	805	781
TOTAL LEISURE		20,605
Metals/Mining - 0.1%
American Rock Salt Co. LLC:
1LN, term loan:
CME Term SOFR 3 Month Index + 4.000% 9.3188% 6/4/28 (e)(f)(m)	972	810
CME Term SOFR 3 Month Index + 6.500% 2% 6/12/28 (e)(f)(j)(m)	305	305
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 6.500% 11.8736% 6/12/28 (e)(f)(m)	285	285
TOTAL METALS/MINING		1,400
Publishing/Printing - 0.0%
Clear Channel International BV Tranche B 1LN, term loan 7.5% 4/1/27 (m)	120	118
Restaurants - 0.0%
Restaurant Technologies, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.250% 8.8537% 4/1/29 (e)(f)(m)	835	811
Services - 1.0%
Artera Services LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.1037% 2/10/31 (e)(f)(m)	1,115	1,101
Ascend Learning LLC 2LN, term loan CME Term SOFR 1 Month Index + 5.750% 10.5352% 12/10/29 (e)(f)(m)	1,590	1,561
Brand Industrial Services, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.7477% 8/1/30 (e)(f)(m)	2,384	2,351
CACI International, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 1.750% 0% 10/17/31 (e)(f)(m)(n)	70	70
CoreLogic, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2996% 6/2/28 (e)(f)(m)	6,272	6,229
Finastra U.S.A., Inc. term loan CME Term SOFR 1 Month Index + 7.250% 12.1813% 9/13/29 (b)(e)(f)(m)	4,916	4,916
Life Time, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.500% 0% 10/22/31 (e)(f)(m)(n)	520	519
Spin Holdco, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 9.256% 3/4/28 (e)(f)(m)	10,493	9,082
Staples, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 5.750% 10.6886% 9/10/29 (e)(f)(m)	600	554
TOTAL SERVICES		26,383
Super Retail - 0.3%
Great Outdoors Group LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.5496% 3/5/28 (e)(f)(m)	154	154
LBM Acquisition LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.6684% 6/6/31 (e)(f)(m)	8,727	8,594
TOTAL SUPER RETAIL		8,748
Technology - 0.5%
DH Corp./Societe term loan CME Term SOFR 3 Month Index + 7.250% 12.1813% 9/13/29 (b)(e)(f)(m)	115	115
Leia Finco U.S. LLC:
1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8867% 10/9/31 (e)(f)(m)	2,018	1,998
2LN, term loan CME Term SOFR 1 Month Index + 5.250% 9.8867% 10/12/32 (e)(f)(m)	1,315	1,276
Polaris Newco LLC:
2LN, term loan CME Term SOFR 1 Month Index + 2.000% 14.1572% 6/4/29 (e)(f)(m)	1,815	1,776
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.847% 6/2/28 (e)(f)(m)	1,142	1,133
Rackspace Finance LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 6.250% 11.1829% 5/15/28 (e)(f)(m)	1,049	1,067
Weber-Stephen Products LLC Tranche B 1LN, term loan:
CME Term SOFR 1 Month Index + 3.250% 8.0496% 10/30/27 (e)(f)(m)	2,045	1,932
CME Term SOFR 1 Month Index + 4.250% 9.0352% 10/30/27 (e)(f)(m)	1,005	950
Zelis Payments Buyer, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 0% 10/27/31 (e)(f)(m)(n)	4,235	4,214
TOTAL TECHNOLOGY		14,461
TOTAL BANK LOAN OBLIGATIONS (Cost $121,041)		118,615

Preferred Securities - 1.7%
	Principal Amount (a) (000s)	Value ($) (000s)
Banks & Thrifts - 0.9%
Ally Financial, Inc.:
4.7% (e)(o)	4,365	3,585
4.7% (e)(o)	4,475	4,070
Bank of America Corp.:
4.375% (e)(o)	100	96
5.875% (d)(e)(o)	5,575	5,668
Citigroup, Inc. 7.125% (e)(o)	2,655	2,809
Goldman Sachs Group, Inc. 6.125% (e)(o)	2,755	2,749
JPMorgan Chase & Co. 4.6% (e)(o)	3,885	3,911
M&T Bank Corp.:
3.5% (d)(e)(o)	615	563
5.125% (e)(o)	1,215	1,228
Tinkoff Bank JSC 6% (b)(c)(e)(i)(o)	100	5
TOTAL BANKS & THRIFTS		24,684
Diversified Financial Services - 0.2%
Aircastle Ltd. 5.25% (c)(e)(o)	5,175	5,122
Energy - 0.3%
Energy Transfer LP 6.625% (e)(o)	2,254	2,238
Plains All American Pipeline LP CME Term SOFR 3 Month Index + 4.110% 9.4897% (e)(f)(o)	7,273	7,375
TOTAL ENERGY		9,613
Homebuilders/Real Estate - 0.1%
Alliant Holdings LP 10% (b)(e)(o)	1,463	1,460
Services - 0.2%
Air Lease Corp.:
4.125% (e)(o)	5,559	5,249
6% (e)(o)	275	273
TOTAL SERVICES		5,522
TOTAL PREFERRED SECURITIES (Cost $40,380)		46,401

Other - 1.1%
	Shares	Value ($) (000s)
Other - 1.1%
Fidelity Private Credit Co. LLC (l)(p) (Cost $29,058)	2,921,548	29,449

Money Market Funds - 5.7%
	Shares	Value ($) (000s)
Fidelity Cash Central Fund 4.87% (q)	51,025,634	51,036
Fidelity Securities Lending Cash Central Fund 4.87% (q)(r)	107,695,770	107,707
TOTAL MONEY MARKET FUNDS (Cost $158,743)		158,743

Corporate Bonds - 79.7%
	Principal Amount (a)	Value ($)
Convertible Bonds - 1.4%
Automotive & Auto Parts - 0.1%
Rivian Automotive, Inc. 3.625% 10/15/30	527,000	407,582
Broadcasting - 0.7%
DISH Network Corp. 3.375% 8/15/26	2,000,000	1,679,226
Diversified Financial Services - 0.0%
Coinbase Global, Inc. 0.25% 4/1/30 (b)	10,000	9,055
Energy - 0.1%
Sunnova Energy International, Inc. 0.25% 12/1/26	263,000	170,753
Homebuilders/Real Estate - 0.2%
Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp. 0.25% 6/15/26	510,000	441,915
Meritage Homes Corp. 1.75% 5/15/28 (b)	10,000	10,615
		452,530
Leisure - 0.0%
Peloton Interactive, Inc. 5.5% 12/1/29 (b)	30,000	62,115
Technology - 0.3%
BlackLine, Inc. 1% 6/1/29 (b)	40,000	41,620
Global Payments, Inc. 1.5% 3/1/31 (b)	348,000	331,818
Wolfspeed, Inc. 1.875% 12/1/29	648,000	322,704
		696,142
TOTAL CONVERTIBLE BONDS		3,477,403
Nonconvertible Bonds - 78.3%
Aerospace - 3.0%
Bombardier, Inc.:
6% 2/15/28 (b)	125,000	124,860
7.875% 4/15/27 (b)	494,000	494,974
Howmet Aerospace, Inc. 5.9% 2/1/27	455,000	466,125
Rolls-Royce PLC 5.75% 10/15/27 (b)	475,000	484,601
Spirit Aerosystems, Inc. 9.75% 11/15/30 (b)	210,000	233,115
TransDigm, Inc.:
5.5% 11/15/27	1,235,000	1,222,650
6.375% 3/1/29 (b)	1,160,000	1,177,446
6.75% 8/15/28 (b)	2,935,000	3,001,038
VistaJet Malta Finance PLC / XO Management Holding, Inc. 7.875% 5/1/27 (b)	385,000	374,785
		7,579,594
Air Transportation - 2.1%
American Airlines, Inc. 7.25% 2/15/28 (b)(c)	380,000	386,250
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. 5.5% 4/20/26 (b)	1,400,000	1,395,793
JetBlue Airways Corp./JetBlue Loyalty LP 9.875% 9/20/31 (b)	190,000	197,442
Rand Parent LLC 8.5% 2/15/30 (b)(c)	1,570,000	1,566,546
Spirit Loyalty Cayman Ltd. / Spirit IP Cayman Ltd.:
8% 9/20/25 (b)	325,000	202,032
8% 9/20/25 (b)	95,000	59,056
United Airlines, Inc. 4.375% 4/15/26 (b)	1,325,000	1,302,111
		5,109,230
Automotive & Auto Parts - 1.2%
Arko Corp. 5.125% 11/15/29 (b)	60,000	55,271
Aston Martin Capital Holdings Ltd. 10% 3/31/29 (b)	200,000	194,290
Belron UK Finance PLC 5.75% 10/15/29 (b)	370,000	370,810
Clarios Global LP / Clarios U.S. Finance Co. 6.75% 5/15/28 (b)	180,000	184,253
Hudson Automotive Group 8% 5/15/32 (b)	140,000	146,358
Macquarie AirFinance Holdings:
8.125% 3/30/29 (b)	485,000	513,051
8.375% 5/1/28 (b)	600,000	630,664
McLaren Finance PLC 7.5% 8/1/26 (b)	310,000	300,700
Phinia, Inc. 6.75% 4/15/29 (b)	180,000	183,745
Real Hero Merger Sub 2 6.25% 2/1/29 (b)	30,000	26,201
Wand NewCo 3, Inc. 7.625% 1/30/32 (b)	295,000	304,915
		2,910,258
Banks & Thrifts - 0.4%
Jane Street Group LLC/JSG Finance, Inc. 6.125% 11/1/32 (b)	345,000	345,223
VFH Parent LLC / Valor Co-Issuer, Inc. 7.5% 6/15/31 (b)	270,000	277,242
Western Alliance Bancorp. 3% 6/15/31 (d)	520,000	480,381
		1,102,846
Broadcasting - 2.2%
Clear Channel Outdoor Holdings, Inc.:
7.5% 6/1/29 (b)	140,000	119,645
7.875% 4/1/30 (b)	235,000	239,604
9% 9/15/28 (b)	1,025,000	1,076,583
DISH Network Corp. 11.75% 11/15/27 (b)	1,130,000	1,189,460
iHeartCommunications, Inc. 4.75% 1/15/28 (b)	525,000	322,077
Sirius XM Radio, Inc. 3.125% 9/1/26 (b)	1,995,000	1,913,695
Univision Communications, Inc.:
4.5% 5/1/29 (b)	280,000	248,575
8% 8/15/28 (b)	370,000	376,011
		5,485,650
Building Materials - 0.7%
Advanced Drain Systems, Inc. 5% 9/30/27 (b)	245,000	240,561
AmeriTex Holdco Intermediate LLC 10.25% 10/15/28 (b)	355,000	373,527
Beacon Roofing Supply, Inc. 6.5% 8/1/30 (b)	195,000	198,212
Eco Material Technologies, Inc. 7.875% 1/31/27 (b)	405,000	407,609
Global Infrastructure Solutions, Inc. 5.625% 6/1/29 (b)	185,000	180,387
Star Holding LLC 8.75% 8/1/31 (b)	235,000	223,487
Summit Materials LLC/Summit Materials Finance Corp. 7.25% 1/15/31 (b)	180,000	186,300
		1,810,083
Cable/Satellite TV - 1.0%
CCO Holdings LLC/CCO Holdings Capital Corp. 5.125% 5/1/27 (b)	2,425,000	2,374,469
Telenet Finance Luxembourg Notes SARL 5.5% 3/1/28 (b)	200,000	194,684
		2,569,153
Capital Goods - 1.3%
ESAB Corp. 6.25% 4/15/29 (b)	1,190,000	1,210,954
Patrick Industries, Inc. 6.375% 11/1/32 (b)	375,000	370,860
Resideo Funding, Inc. 6.5% 7/15/32 (b)(c)	360,000	362,314
TK Elevator U.S. Newco, Inc. 5.25% 7/15/27 (b)	1,300,000	1,278,715
		3,222,843
Chemicals - 3.5%
Avient Corp. 6.25% 11/1/31 (b)	240,000	240,702
Axalta Coating Systems Dutch Holding B BV 7.25% 2/15/31 (b)	590,000	616,577
Compass Minerals International, Inc. 6.75% 12/1/27 (b)	205,000	202,067
Kobe U.S. Midco 2, Inc. 9.25% 11/1/26 pay-in-kind (b)(d)	254,700	215,165
LSB Industries, Inc. 6.25% 10/15/28 (b)	240,000	232,182
Methanex Corp. 5.125% 10/15/27	900,000	875,879
NOVA Chemicals Corp.:
5% 5/1/25 (b)	1,005,000	1,000,701
5.25% 6/1/27 (b)	400,000	392,597
9% 2/15/30 (b)	110,000	117,158
Olympus Water U.S. Holding Corp. 7.25% 6/15/31 (b)	460,000	471,965
SCIH Salt Holdings, Inc.:
4.875% 5/1/28 (b)	1,995,000	1,910,285
6.625% 5/1/29 (b)	300,000	291,249
SPCM SA 3.125% 3/15/27 (b)	395,000	375,761
The Chemours Co. LLC 5.375% 5/15/27	1,075,000	1,035,035
Tronox, Inc. 4.625% 3/15/29 (b)(c)	530,000	480,862
W.R. Grace Holding LLC 7.375% 3/1/31 (b)	180,000	186,037
		8,644,222
Consumer Products - 2.3%
Coty, Inc. 5% 4/15/26 (b)	1,100,000	1,094,273
Kohl's Corp. 4.25% 7/17/25	70,000	69,098
Kronos Acquisition Holdings, Inc.:
8.25% 6/30/31 (b)	230,000	227,773
10.75% 6/30/32 (b)	205,000	191,004
Mattel, Inc. 5.875% 12/15/27 (b)	460,000	464,666
Newell Brands, Inc.:
5.7% 4/1/26	675,000	676,507
6.375% 5/15/30 (e)	280,000	281,280
6.625% 5/15/32 (e)	215,000	215,621
Tempur Sealy International, Inc. 4% 4/15/29 (b)	865,000	797,036
The Gates Corp. 6.875% 7/1/29 (b)	340,000	349,326
TKC Holdings, Inc.:
6.875% 5/15/28 (b)	390,000	383,957
10.5% 5/15/29 (b)	825,000	833,366
Wayfair LLC 7.25% 10/31/29 (b)(c)	240,000	242,859
		5,826,766
Containers - 1.9%
Ardagh Packaging Finance PLC/Ardagh MP Holdings U.S.A., Inc. 4.125% 8/15/26 (b)	835,000	726,450
Graphic Packaging International, Inc. 6.375% 7/15/32 (b)	460,000	464,106
Mauser Packaging Solutions Holding Co. 7.875% 4/15/27 (b)	525,000	539,438
Owens-Brockway Glass Container, Inc. 7.25% 5/15/31 (b)(c)	610,000	599,950
Sealed Air Corp. 5% 4/15/29 (b)	1,500,000	1,448,954
Sealed Air Corp./Sealed Air Corp. U.S. 6.125% 2/1/28 (b)(c)	515,000	520,473
Trivium Packaging Finance BV 8.5% 8/15/27 (b)	450,000	448,656
		4,748,027
Diversified Financial Services - 4.2%
Azorra Finance Ltd. 7.75% 4/15/30 (b)	175,000	172,844
Capstone Borrower, Inc. 8% 6/15/30 (b)	125,000	130,643
Cargo Aircraft Management, Inc. 4.75% 2/1/28 (b)	225,000	214,875
Encore Capital Group, Inc. 9.25% 4/1/29 (b)	200,000	212,950
Focus Financial Partners LLC 6.75% 9/15/31 (b)	360,000	357,640
Fortress Transportation & Infrastructure Investors LLC:
7% 6/15/32 (b)	230,000	235,981
7.875% 12/1/30 (b)	385,000	405,590
Freedom Mortgage Corp. 6.625% 1/15/27 (b)	250,000	247,052
GGAM Finance Ltd.:
6.875% 4/15/29 (b)	295,000	300,625
7.75% 5/15/26 (b)	1,240,000	1,261,783
Global Aircraft Leasing Co. Ltd. 8.75% 9/1/27 (b)	235,000	242,749
Gn Bondco LLC 9.5% 10/15/31 (b)(c)	410,000	435,367
Hightower Holding LLC 6.75% 4/15/29 (b)	150,000	147,674
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
5.25% 5/15/27	1,310,000	1,220,411
6.25% 5/15/26	750,000	737,164
Jefferies Finance LLC/JFIN Co.-Issuer Corp. 6.625% 10/15/31 (b)	375,000	373,435
Jefferson Capital Holding 9.5% 2/15/29 (b)	185,000	196,776
Nationstar Mortgage Holdings, Inc. 6.5% 8/1/29 (b)	350,000	349,986
Navient Corp. 6.75% 6/15/26	250,000	254,776
OneMain Finance Corp. 3.5% 1/15/27	2,450,000	2,338,228
PRA Group, Inc. 8.875% 1/31/30 (b)(c)	115,000	119,313
Shift4 Payments LLC / Shift4 Payments Finance Sub, Inc. 6.75% 8/15/32 (b)	285,000	292,410
Windstream Services LLC / Wind 8.25% 10/1/31 (b)	245,000	248,063
		10,496,335
Diversified Media - 0.2%
Advantage Sales & Marketing, Inc. 6.5% 11/15/28 (b)	425,000	397,800
Energy - 12.6%
Aethon United BR LP / Aethon United Finance Corp. 7.5% 10/1/29 (b)	305,000	307,115
Alpha Generation LLC 6.75% 10/15/32 (b)	290,000	294,074
Archrock Partners LP / Archrock Partners Finance Corp. 6.625% 9/1/32 (b)	235,000	236,062
Ascent Resources - Utica LLC/ARU Finance Corp. 6.625% 10/15/32 (b)	100,000	99,052
Baytex Energy Corp. 7.375% 3/15/32 (b)	305,000	296,101
Berry Petroleum Co. LLC 7% 2/15/26 (b)	100,000	97,479
Buckeye Partners LP:
4.125% 3/1/25 (b)(c)	352,000	349,478
4.125% 12/1/27	1,400,000	1,338,405
California Buyer Ltd./Atlantica Sustainable Infrastructure PLC 6.375% 2/15/32 (b)(e)	405,000	402,201
California Resources Corp.:
7.125% 2/1/26 (b)(c)	97,000	97,316
8.25% 6/15/29 (b)	795,000	802,895
Calumet Specialty Products Partners LP/Calumet Finance Corp. 11% 4/15/25 (b)	3,000	3,016
Canacol Energy Ltd. 5.75% 11/24/28 (b)	450,000	233,438
Cheniere Energy, Inc. 4.625% 10/15/28	625,000	612,504
Chord Energy Corp. 6.375% 6/1/26 (b)	100,000	100,214
Citgo Petroleum Corp. 6.375% 6/15/26 (b)	525,000	525,049
Comstock Resources, Inc. 6.75% 3/1/29 (b)(c)	490,000	469,257
Continental Resources, Inc. 2.268% 11/15/26 (b)	100,000	94,327
CPI CG, Inc. 10% 7/15/29 (b)	125,000	130,938
CVR Energy, Inc. 8.5% 1/15/29 (b)	585,000	567,280
DCP Midstream Operating LP 5.375% 7/15/25	335,000	335,308
Delek Logistics Partners LP/Delek Logistics Finance Corp.:
7.125% 6/1/28 (b)	80,000	79,252
8.625% 3/15/29 (b)	740,000	759,270
Energy Transfer LP:
6% 2/1/29 (b)	560,000	568,705
7.375% 2/1/31 (b)	525,000	552,469
EnLink Midstream Partners LP 4.85% 7/15/26	525,000	522,721
EQM Midstream Partners LP:
6% 7/1/25 (b)	147,000	147,169
7.5% 6/1/27 (b)	850,000	869,086
EQT Corp. 3.125% 5/15/26 (b)	175,000	169,364
Expand Energy Corp.:
5.5% 2/1/26 (b)	180,000	179,683
5.7% 1/23/25 (f)	428,000	427,305
Genesis Energy LP/Genesis Energy Finance Corp.:
7.875% 5/15/32	115,000	115,081
8% 1/15/27	1,145,000	1,165,339
Harvest Midstream I LP 7.5% 5/15/32 (b)	430,000	440,266
Hess Midstream Operations LP 5.625% 2/15/26 (b)	900,000	897,836
HF Sinclair Corp. 6.375% 4/15/27 (c)	105,000	106,319
Howard Midstream Energy Partners LLC 7.375% 7/15/32 (b)	230,000	234,653
Kinetik Holdings LP 6.625% 12/15/28 (b)	465,000	474,927
Kodiak Gas Services LLC 7.25% 2/15/29 (b)	345,000	354,632
Kosmos Energy Ltd. 8.75% 10/1/31 (b)	200,000	195,250
Kraken Oil & Gas Partners LLC 7.625% 8/15/29 (b)	185,000	182,776
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp. 6% 8/1/26 (b)	475,000	474,093
Matador Resources Co.:
6.25% 4/15/33 (b)(c)	125,000	122,329
6.5% 4/15/32 (b)(c)	400,000	396,146
Mesquite Energy, Inc. 7.25% (b)(g)(h)	135,000	0
Moss Creek Resources Holdings, Inc. 8.25% 9/1/31 (b)	120,000	117,576
Murphy Oil Corp. 6% 10/1/32	245,000	235,917
Nabors Industries, Inc. 8.875% 8/15/31 (b)	295,000	278,900
New Fortress Energy, Inc.:
6.5% 9/30/26 (b)	555,000	514,109
6.75% 9/15/25 (b)	969,000	967,146
NGL Energy Operating LLC/NGL Energy Finance Corp. 8.125% 2/15/29 (b)(c)	345,000	347,228
Northern Oil & Gas, Inc. 8.75% 6/15/31 (b)	285,000	294,862
NuStar Logistics LP 6% 6/1/26 (c)	150,000	150,118
PBF Holding Co. LLC/PBF Finance Corp. 7.875% 9/15/30 (b)	580,000	579,009
Prairie Acquiror LP 9% 8/1/29 (b)	185,000	187,560
Precision Drilling Corp. 7.125% 1/15/26 (b)	376,000	375,458
Range Resources Corp. 4.875% 5/15/25	450,000	448,509
Sitio Royalties OP / Sitio Finance Corp. 7.875% 11/1/28 (b)(c)	1,002,000	1,040,164
SM Energy Co. 6.625% 1/15/27	431,000	430,916
Summit Midstream Holdings LLC 8.625% 10/31/29 (b)	185,000	191,135
Sunnova Energy Corp. 5.875% 9/1/26 (b)	810,000	723,986
Sunoco LP/Sunoco Finance Corp. 6% 4/15/27	1,010,000	1,011,058
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. 6% 3/1/27 (b)	750,000	744,305
Talos Production, Inc. 9% 2/1/29 (b)(c)	100,000	102,993
Transocean Aquila Ltd. 8% 9/30/28 (b)	490,154	503,115
Transocean, Inc. 8.75% 2/15/30 (b)	552,500	572,478
Tullow Oil PLC 10.25% 5/15/26 (b)	485,000	445,594
U.S.A. Compression Partners LP/U.S.A. Compression Finance Corp. 7.125% 3/15/29 (b)	280,000	285,178
Venture Global Calcasieu Pass LLC 6.25% 1/15/30 (b)	265,000	270,872
Venture Global LNG, Inc. 7% 1/15/30 (b)(c)	2,340,000	2,354,444
Western Midstream Operating LP 4.65% 7/1/26	1,300,000	1,288,803
		31,287,613
Entertainment/Film - 0.6%
Live Nation Entertainment, Inc. 4.75% 10/15/27 (b)(c)	1,450,000	1,411,094
Environmental - 1.3%
Clean Harbors, Inc. 6.375% 2/1/31 (b)	210,000	211,579
GFL Environmental, Inc.:
4% 8/1/28 (b)	1,200,000	1,134,910
6.75% 1/15/31 (b)	180,000	185,331
Madison IAQ LLC 4.125% 6/30/28 (b)(c)	700,000	664,374
Wrangler Holdco Corp. 6.625% 4/1/32 (b)	915,000	933,916
		3,130,110
Food & Drug Retail - 1.1%
Albertsons Companies LLC/Safeway, Inc./New Albertson's, Inc./Albertson's LLC:
3.25% 3/15/26 (b)	1,100,000	1,062,756
6.5% 2/15/28 (b)(c)	985,000	1,007,962
Parkland Corp. 6.625% 8/15/32 (b)	590,000	588,765
Walgreens Boots Alliance, Inc. 8.125% 8/15/29 (c)	160,000	159,574
		2,819,057
Food/Beverage/Tobacco - 1.4%
C&S Group Enterprises LLC 5% 12/15/28 (b)	380,000	314,536
Chobani Holdco II LLC 9.5% 10/1/29 pay-in-kind (b)(d)	200,000	206,329
Chobani LLC/Finance Corp., Inc. 7.625% 7/1/29 (b)	265,000	276,268
Fiesta Purchaser, Inc.:
7.875% 3/1/31 (b)	210,000	220,229
9.625% 9/15/32 (b)	135,000	141,109
KeHE Distributor / Nextwave 9% 2/15/29 (b)	345,000	357,234
Performance Food Group, Inc.:
5.5% 10/15/27 (b)	400,000	396,610
6.125% 9/15/32 (b)	360,000	361,506
Post Holdings, Inc.:
5.625% 1/15/28 (b)	125,000	126,021
6.25% 10/15/34 (b)	220,000	217,569
6.375% 3/1/33 (b)	235,000	232,494
Sigma Holdco BV 7.875% 5/15/26 (b)	120,000	118,844
Turning Point Brands, Inc. 5.625% 2/15/26 (b)	100,000	99,611
U.S. Foods, Inc. 5.75% 4/15/33 (b)	215,000	211,728
United Natural Foods, Inc. 6.75% 10/15/28 (b)	95,000	91,675
Viking Baked Goods Acquisition Corp. 8.625% 11/1/31 (b)(e)	50,000	49,841
		3,421,604
Gaming - 3.3%
Affinity Interactive 6.875% 12/15/27 (b)	1,030,000	843,473
Boyd Gaming Corp. 4.75% 12/1/27 (c)	475,000	466,065
Caesars Entertainment, Inc.:
6% 10/15/32 (b)	370,000	360,908
8.125% 7/1/27 (b)	302,000	307,925
Churchill Downs, Inc.:
4.75% 1/15/28 (b)	300,000	291,052
6.75% 5/1/31 (b)	495,000	503,944
Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc. 6.75% 1/15/30 (b)	400,000	363,792
International Game Technology PLC 4.125% 4/15/26 (b)	825,000	813,139
Las Vegas Sands Corp. 3.5% 8/18/26	400,000	389,157
Light & Wonder International, Inc. 7% 5/15/28 (b)	1,000,000	1,004,245
Melco Resorts Finance Ltd. 5.25% 4/26/26 (b)	200,000	196,124
Ontario Gaming GTA LP / OTG Co. issuer, Inc. 8% 8/1/30 (b)	275,000	282,651
Raptor Acquisition Corp. / Raptor Co-Issuer LLC 4.875% 11/1/26 (b)	95,000	94,207
Station Casinos LLC 6.625% 3/15/32 (b)(c)	350,000	351,719
Studio City Finance Ltd. 5% 1/15/29 (b)	225,000	202,791
VICI Properties LP / VICI Note Co.:
3.5% 2/15/25 (b)	715,000	709,370
4.625% 6/15/25 (b)	300,000	298,377
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp. 5.25% 5/15/27 (b)	325,000	322,570
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. 6.25% 3/15/33 (b)(c)	480,000	477,751
		8,279,260
Healthcare - 5.1%
1375209 BC Ltd. 9% 1/30/28 (b)	562,000	560,968
Bausch Health Companies, Inc.:
5.5% 11/1/25 (b)	1,335,000	1,310,142
11% 9/30/28 (b)	850,000	782,136
14% 10/15/30 (b)	197,000	175,168
Centene Corp. 3% 10/15/30 (c)	210,000	181,892
CHS/Community Health Systems, Inc. 5.625% 3/15/27 (b)	1,950,000	1,901,761
HAH Group Holding Co. LLC 9.75% 10/1/31 (b)	440,000	448,327
HCA Holdings, Inc. 5.875% 2/15/26	650,000	654,499
IQVIA, Inc. 5% 5/15/27 (b)	1,675,000	1,653,505
LifePoint Health, Inc. 11% 10/15/30 (b)	290,000	323,264
Medline Borrower LP / Medline Co. 6.25% 4/1/29 (b)	940,000	956,397
Molina Healthcare, Inc. 3.875% 5/15/32 (b)(c)	235,000	208,329
Organon & Co. / Organon Foreign Debt Co-Issuer BV 4.125% 4/30/28 (b)	550,000	521,131
Sotera Health Holdings LLC 7.375% 6/1/31 (b)	225,000	230,414
Surgery Center Holdings, Inc. 7.25% 4/15/32 (b)	345,000	354,247
Tenet Healthcare Corp. 5.125% 11/1/27	2,300,000	2,280,566
U.S. Acute Care Solutions 9.75% 5/15/29 (b)	100,000	101,998
		12,644,744
Homebuilders/Real Estate - 2.7%
Arcosa, Inc. 6.875% 8/15/32 (b)	120,000	123,164
Beazer Homes U.S.A., Inc. 7.5% 3/15/31 (b)(c)	185,000	190,185
Brookfield Property REIT, Inc./BPR Nimbus LLC/BPR Cumulus LLC/GGSI Sellco LLC 5.75% 5/15/26 (b)	919,000	909,815
Greystar Real Estate Partners 7.75% 9/1/30 (b)	230,000	240,991
HAT Holdings I LLC/HAT Holdings II LLC 8% 6/15/27 (b)	285,000	298,539
Jones DesLauriers Insurance Management, Inc. 10.5% 12/15/30 (b)	70,000	75,406
Landsea Homes Corp. 8.875% 4/1/29 (b)	230,000	234,658
LGI Homes, Inc. 8.75% 12/15/28 (b)	195,000	205,431
MPT Operating Partnership LP/MPT Finance Corp. 5.25% 8/1/26 (c)	1,285,000	1,215,442
Railworks Holdings LP 8.25% 11/15/28 (b)	230,000	235,417
Rithm Capital Corp. 8% 4/1/29 (b)	140,000	139,698
Ryan Specialty Group LLC 5.875% 8/1/32 (b)	155,000	154,482
Safehold Operating Partnership LP 2.85% 1/15/32	710,000	602,120
Starwood Property Trust, Inc. 4.75% 3/15/25	1,500,000	1,495,893
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC 6.5% 2/15/29 (b)	820,000	705,946
		6,827,187
Hotels - 0.3%
Hilton Domestic Operating Co., Inc. 5.875% 3/15/33 (b)(c)	360,000	360,753
Hilton Grand Vacations Borrower Escrow LLC 6.625% 1/15/32 (b)	230,000	230,057
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer 7% 2/1/30 (b)	160,000	163,902
		754,712
Insurance - 0.5%
Acrisure LLC / Acrisure Finance, Inc. 8.25% 2/1/29 (b)	230,000	233,744
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer:
6.75% 10/15/27 (b)	30,000	29,888
6.75% 4/15/28 (b)	615,000	617,897
7% 1/15/31 (b)	200,000	201,347
APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Investor 2 LLC 7.875% 11/1/29 (b)	250,000	249,750
		1,332,626
Leisure - 3.4%
Amer Sports Co. 6.75% 2/16/31 (b)(c)	235,000	238,735
Carnival Corp.:
7.625% 3/1/26 (b)	2,430,000	2,446,993
10.5% 6/1/30 (b)	245,000	264,335
NCL Corp. Ltd.:
5.875% 3/15/26 (b)	400,000	399,562
5.875% 2/15/27 (b)	525,000	524,456
6.25% 3/1/30 (b)	600,000	593,461
Royal Caribbean Cruises Ltd.:
5.375% 7/15/27 (b)	120,000	119,780
5.5% 8/31/26 (b)	1,435,000	1,436,616
5.5% 4/1/28 (b)	600,000	599,959
6.25% 3/15/32 (b)	230,000	234,490
Six Flags Entertainment Corp. 5.5% 4/15/27 (b)	550,000	546,723
Viking Cruises Ltd. 9.125% 7/15/31 (b)	1,000,000	1,079,977
		8,485,087
Metals/Mining - 1.8%
Alcoa Nederland Holding BV 7.125% 3/15/31 (b)	90,000	93,839
Arsenal AIC Parent LLC 8% 10/1/30 (b)	110,000	115,623
Cleveland-Cliffs, Inc.:
6.75% 4/15/30 (b)	195,000	194,800
6.875% 11/1/29 (b)	125,000	125,485
7% 3/15/32 (b)(c)	350,000	350,396
7.375% 5/1/33 (b)	125,000	125,925
ERO Copper Corp. 6.5% 2/15/30 (b)	340,000	334,050
HudBay Minerals, Inc. 4.5% 4/1/26 (b)	880,000	869,013
Mineral Resources Ltd. 9.25% 10/1/28 (b)	1,355,000	1,426,512
Novelis Corp. 3.25% 11/15/26 (b)	950,000	914,013
		4,549,656
Paper - 0.4%
Ardagh Metal Packaging Finance U.S.A. LLC/Ardagh Metal Packaging Finance PLC 6% 6/15/27 (b)	690,000	688,047
Glatfelter Corp. 7.25% 11/15/31 (b)	175,000	173,513
Mercer International, Inc. 12.875% 10/1/28 (b)	25,000	26,471
		888,031
Publishing/Printing - 0.1%
Cimpress PLC 7.375% 9/15/32 (b)	285,000	280,581
Railroad - 0.1%
Genesee & Wyoming, Inc. 6.25% 4/15/32 (b)	355,000	358,102
Restaurants - 0.6%
1011778 BC Unlimited Liability Co./New Red Finance, Inc.:
3.875% 1/15/28 (b)	675,000	643,372
5.625% 9/15/29 (b)	480,000	478,787
6.125% 6/15/29 (b)	345,000	351,023
Garden SpinCo Corp. 8.625% 7/20/30 (b)(c)	55,000	59,527
		1,532,709
Services - 6.2%
AECOM 5.125% 3/15/27	930,000	925,023
Allied Universal Holdco LLC 7.875% 2/15/31 (b)	340,000	346,009
Aramark Services, Inc. 5% 4/1/25 (b)	1,025,000	1,022,756
Artera Services LLC 8.5% 2/15/31 (b)	1,415,000	1,402,335
Avis Budget Car Rental LLC/Avis Budget Finance, Inc. 8.25% 1/15/30 (b)(c)	195,000	199,216
Brand Industrial Services, Inc. 10.375% 8/1/30 (b)	765,000	811,012
Camelot Finance SA 4.5% 11/1/26 (b)	950,000	933,224
CoreCivic, Inc.:
4.75% 10/15/27	35,000	33,348
8.25% 4/15/29	235,000	246,785
CoreLogic, Inc. 4.5% 5/1/28 (b)	590,000	554,021
Garda World Security Corp. 8.25% 8/1/32 (b)	235,000	233,782
Hertz Corp. 4.625% 12/1/26 (b)	195,000	147,310
Iron Mountain, Inc. 4.875% 9/15/27 (b)	475,000	466,848
Life Time, Inc.:
5.75% 1/15/26 (b)	425,000	424,766
6% 11/15/31 (b)(e)	500,000	497,877
Neptune BidCo U.S., Inc. 9.29% 4/15/29 (b)	360,000	334,800
Prime Securities Services Borrower LLC/Prime Finance, Inc. 5.75% 4/15/26 (b)(c)	875,000	875,210
Sabre GLBL, Inc. 8.625% 6/1/27 (b)	758,000	731,667
Service Corp. International 5.75% 10/15/32	240,000	235,759
Sotheby's 7.375% 10/15/27 (b)	215,000	209,242
Staples, Inc.:
10.75% 9/1/29 (b)	485,000	468,987
12.75% 1/15/30 (b)	340,000	270,206
The GEO Group, Inc.:
8.625% 4/15/29	230,000	240,581
10.25% 4/15/31	470,000	503,750
TriNet Group, Inc. 7.125% 8/15/31 (b)(c)	510,000	522,302
Uber Technologies, Inc. 7.5% 9/15/27 (b)	503,000	512,358
United Rentals North America, Inc.:
3.875% 11/15/27 (c)	550,000	529,452
6.125% 3/15/34 (b)(c)	585,000	589,882
WASH Multifamily Acquisition, Inc. 5.75% 4/15/26 (b)	1,265,000	1,261,877
		15,530,385
Super Retail - 1.4%
At Home Group, Inc. 4.875% 7/15/28 (b)	60,000	25,174
Carvana Co.:
4.875% 9/1/29 (b)	80,000	67,019
5.875% 10/1/28 (b)	115,000	103,363
EG Global Finance PLC 12% 11/30/28 (b)	1,610,000	1,790,154
Group 1 Automotive, Inc. 6.375% 1/15/30 (b)	225,000	226,009
Hanesbrands, Inc. 4.875% 5/15/26 (b)(c)	900,000	889,096
Sally Holdings LLC 6.75% 3/1/32 (c)	235,000	237,928
Specialty Building Products Holdings LLC 7.75% 10/15/29 (b)	100,000	101,988
Upbound Group, Inc. 6.375% 2/15/29 (b)	30,000	28,546
		3,469,277
Technology - 5.7%
Acuris Finance U.S.:
5% 5/1/28 (b)	1,250,000	1,128,116
9% 8/1/29 (b)	250,000	245,050
Amentum Holdings, Inc. 7.25% 8/1/32 (b)	275,000	284,836
Block, Inc. 6.5% 5/15/32 (b)	460,000	468,172
Central Parent LLC/CDK GLO II/CDK Finance Co. 8% 6/15/29 (b)	1,005,000	1,027,024
CommScope, Inc. 6% 3/1/26 (b)	775,000	756,561
Elastic NV 4.125% 7/15/29 (b)	225,000	208,210
Entegris, Inc. 4.75% 4/15/29 (b)	1,320,000	1,278,760
GrafTech Global Enterprises, Inc. 9.875% 12/15/28 (b)	175,000	146,774
HTA Group Ltd. 7.5% 6/4/29 (b)	800,000	812,880
Insight Enterprises, Inc. 6.625% 5/15/32 (b)	185,000	189,128
Lightning Power LLC 7.25% 8/15/32 (b)	220,000	228,875
Open Text Corp. 3.875% 2/15/28 (b)	1,700,000	1,599,000
Qorvo, Inc. 4.375% 10/15/29	1,350,000	1,272,837
Seagate HDD Cayman 8.25% 12/15/29	165,000	177,508
Sensata Technologies, Inc. 6.625% 7/15/32 (b)	250,000	253,284
SS&C Technologies, Inc. 5.5% 9/30/27 (b)	2,000,000	1,992,051
UKG, Inc. 6.875% 2/1/31 (b)	285,000	291,986
Veritas U.S., Inc./Veritas Bermuda Ltd. 7.5% 9/1/25 (b)	625,000	594,822
Virtusa Corp. 7.125% 12/15/28 (b)	50,000	48,485
VM Consolidated, Inc. 5.5% 4/15/29 (b)	875,000	846,254
Wolfspeed, Inc. 4.2917% 6/23/30 pay-in-kind (b)(d)(h)(i)	440,000	422,400
		14,273,013
Telecommunications - 3.4%
Altice Financing SA 5% 1/15/28 (b)	670,000	566,583
Altice France SA 5.125% 7/15/29 (b)	250,000	186,988
C&W Senior Finance Ltd. 6.875% 9/15/27 (b)	15,000	14,851
Cogent Communications Group, Inc. 7% 6/15/27 (b)	675,000	682,162
Consolidated Communications, Inc. 5% 10/1/28 (b)	385,000	356,094
Frontier Communications Holdings LLC 5% 5/1/28 (b)	1,025,000	1,007,631
Hughes Satellite Systems Corp. 5.25% 8/1/26	525,000	479,570
Level 3 Financing, Inc.:
3.875% 10/15/30 (b)	365,000	277,396
10.5% 5/15/30 (b)	260,000	284,375
11% 11/15/29 (b)	168,736	190,404
Liquid Telecommunications Financing PLC 5.5% 9/4/26 (b)	395,000	280,450
SBA Communications Corp. 3.875% 2/15/27 (c)	1,550,000	1,500,156
T-Mobile U.S.A., Inc.:
2.25% 2/15/26	1,210,000	1,171,776
2.625% 4/15/26	320,000	309,781
ViaSat, Inc. 5.625% 9/15/25 (b)	790,000	779,703
Zayo Group Holdings, Inc. 4% 3/1/27 (b)(c)	450,000	400,504
		8,488,424
Transportation Ex Air/Rail - 0.6%
Golar LNG Ltd. 7.75% 9/19/29 (Reg. S) (b)	200,000	198,932
Great Lakes Dredge & Dock Corp. 5.25% 6/1/29 (b)	70,000	65,776
Seaspan Corp. 5.5% 8/1/29 (b)	645,000	613,532
XPO, Inc. 6.25% 6/1/28 (b)	470,000	477,103
		1,355,343
Utilities - 1.7%
Calpine Corp. 5.125% 3/15/28 (b)	750,000	733,001
NextEra Energy Partners LP 7.25% 1/15/29 (b)(c)	465,000	478,302
PG&E Corp.:
5% 7/1/28 (c)	460,000	448,660
7.375% 3/15/55 (d)	217,000	224,143
Pike Corp. 8.625% 1/31/31 (b)	275,000	292,181
Solaris Midstream Holdings LLC 7.625% 4/1/26 (b)	120,000	120,639
Vistra Operations Co. LLC:
5% 7/31/27 (b)	825,000	814,147
5.625% 2/15/27 (b)	805,000	802,923
7.75% 10/15/31 (b)	255,000	269,375
		4,183,371
TOTAL NONCONVERTIBLE BONDS		195,204,793
TOTAL CORPORATE BONDS (Cost $193,843,327)		198,682,196

U.S. Treasury Obligations - 1.4%
	Principal Amount (a)	Value ($)
U.S. Treasury Notes 1.5% 2/15/30 (Cost $3,635,252)	4,100,000	3,581,733

Asset-Backed Securities - 0.2%
	Principal Amount (a)	Value ($)
Carlyle U.S. Clo 2024-6 Ltd. Series 2024-6A Class E, CME Term SOFR 3 Month Index + 5.750% 0% 10/25/37 (b)(d)(e)(j)	150,000	150,031
Palmer Square Ln Funding 2024-2 Lt Series 2024-2A Class D, CME Term SOFR 3 Month Index + 4.700% 6.2% 1/15/33 (b)(d)(e)(j)	250,000	250,000
TOTAL ASSET-BACKED SECURITIES (Cost $400,000)		400,031

Common Stocks - 0.2%
	Shares	Value ($)
Diversified Financial Services - 0.0%
Limetree Bay Cayman Ltd. (h)(k)	80	5,282
Energy - 0.1%
California Resources Corp.	2	104
Forbes Energy Services Ltd. (h)(k)	6,468	1
Mesquite Energy, Inc. (h)(k)	1,922	162,342
TOTAL ENERGY		162,447
Healthcare - 0.1%
Cano Health, Inc. (h)	29,327	358,376
Cano Health, Inc. warrants (h)(k)	901	3,568
TOTAL HEALTHCARE		361,944
TOTAL COMMON STOCKS (Cost $798,947)		529,673

Bank Loan Obligations - 11.5%
	Principal Amount (a)	Value ($)
Automotive & Auto Parts - 0.2%
CWGS Group LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.500% 7.3303% 6/3/28 (d)(j)(l)	436,318	425,140
Power Stop LLC 1LN, term loan CME Term SOFR 3 Month Index + 4.750% 9.9072% 1/26/29 (d)(j)(l)	119,380	114,531
TOTAL AUTOMOTIVE & AUTO PARTS		539,671
Broadcasting - 1.1%
Diamond Sports Group LLC:
1LN, term loan CME Term SOFR 1 Month Index + 8.000% 14.9441% 5/25/26 (d)(j)(l)	420,000	361,498
Tranche DIP term loan 10% 8/2/27 (l)	41,611	43,796
Univision Communications, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.0496% 1/31/29 (d)(j)(l)	2,312,269	2,273,723
TOTAL BROADCASTING		2,679,017
Building Materials - 0.3%
Hunter Douglas, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 8.5713% 2/25/29 (d)(j)(l)	255,000	253,776
Oscar AcquisitionCo LLC 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 8.8537% 4/29/29 (d)(j)(l)	490,000	485,526
TOTAL BUILDING MATERIALS		739,302
Chemicals - 1.3%
Advancion Holdings LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 8.7852% 11/24/27 (d)(j)(l)	363,656	362,838
ARC Falcon I, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.2852% 9/30/28 (d)(j)(l)	393,174	393,622
Consolidated Energy Finance SA Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.500% 9.5572% 11/15/30 (d)(j)(l)	398,000	374,403
Discovery Purchaser Corp. 1LN, term loan CME Term SOFR 3 Month Index + 4.370% 8.9647% 10/4/29 (d)(j)(l)	363,839	363,158
Hexion Holdings Corp. 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.7711% 3/15/29 (d)(j)(l)	393,200	392,850
Olympus Water U.S. Holding Corp. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 8.1037% 6/23/31 (d)(j)(l)	656,091	656,747
SCIH Salt Holdings, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 8.0854% 3/16/27 (d)(j)(l)	31,676	31,736
W.R. Grace Holding LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.750% 7.8537% 9/22/28 (d)(j)(l)	553,755	554,447
TOTAL CHEMICALS		3,129,801
Consumer Products - 0.1%
Conair Holdings LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.5496% 5/17/28 (d)(j)(l)	24,250	22,136
TKC Holdings, Inc. 1LN, term loan 13.5% 2/14/27 (d)(l)	259,109	221,539
TripAdvisor, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.4352% 7/8/31 (d)(j)(l)	15,000	14,994
TOTAL CONSUMER PRODUCTS		258,669
Diversified Financial Services - 0.5%
Dragon Buyer, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8537% 9/30/31 (d)(j)(l)	25,000	24,836
Hightower Holding LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.7477% 4/21/28 (d)(j)(l)	828,090	828,711
Nexus Buyer LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 8.6852% 7/18/31 (d)(j)(l)	345,000	343,492
TOTAL DIVERSIFIED FINANCIAL SERVICES		1,197,039
Energy - 0.0%
Forbes Energy Services LLC Tranche B, term loan 0% (d)(g)(h)(l)	60,604	0
Mesquite Energy, Inc.:
1LN, term loan 3 month U.S. LIBOR + 8.000% 0% (d)(g)(h)(j)(l)	35,876	0
term loan 0% (d)(g)(h)(l)	15,000	0
TOTAL ENERGY		0
Environmental - 0.3%
LRS Holdings LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.250% 9.0496% 8/31/28 (d)(j)(l)	680,750	645,011
Food/Beverage/Tobacco - 0.1%
Del Monte Foods Corp. Ii, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 8.000% 13.1657% 8/2/28 (d)(j)(l)	192,701	184,452
Triton Water Holdings, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.250% 8.1153% 3/31/28 (d)(j)(l)	53,213	53,232
TOTAL FOOD/BEVERAGE/TOBACCO		237,684
Gaming - 0.1%
Fertitta Entertainment LLC NV Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.1852% 1/29/29 (d)(j)(l)	315,976	315,989
Healthcare - 1.1%
Cano Health, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 8.000% 12.6037% 6/28/29 (d)(j)(l)	175,823	174,504
Confluent Health LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 8.7996% 11/30/28 (d)(h)(j)(l)	14,636	14,270
Jazz Financing Lux SARL Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.250% 6.9352% 5/5/28 (d)(j)(l)	47,890	47,886
MED ParentCo LP Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2376% 4/15/31 (d)(j)(l)	438,402	438,709
Medline Borrower LP Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.4352% 10/23/28 (d)(j)(l)	1,236,443	1,237,271
Packaging Coordinators Midco, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8354% 11/30/27 (d)(j)(l)	809,623	810,076
Phoenix Newco, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.6852% 11/15/28 (d)(j)(l)	56,238	56,187
U.S. Anesthesia Partners, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.250% 9.2086% 10/1/28 (d)(j)(l)	29,100	28,642
TOTAL HEALTHCARE		2,807,545
Hotels - 0.0%
Hilton Grand Vacations Borrower LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.1852% 8/2/28 (d)(j)(l)	33,115	32,991
Insurance - 0.4%
Alliant Holdings Intermediate LLC Tranche B6 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.7592% 9/19/31 (d)(j)(l)	380,697	378,794
Asurion LLC 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 8.7852% 8/19/28 (d)(j)(l)	363,769	360,263
USI, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 2.750% 7.3537% 11/23/29 (d)(j)(l)	363,816	363,634
TOTAL INSURANCE		1,102,691
Leisure - 0.6%
City Football Group Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 7.8322% 7/21/30 (d)(j)(l)	522,925	516,388
Hayward Industries, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.500% 7.2996% 5/28/28 (d)(j)(l)	387,000	386,930
MajorDrive Holdings IV LLC 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.8653% 6/1/28 (d)(j)(l)	24,188	24,239
United PF Holdings LLC 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.847% 12/30/26 (d)(j)(l)	513,655	493,433
TOTAL LEISURE		1,420,990
Metals/Mining - 0.3%
American Rock Salt Co. LLC:
1LN, term loan:
CME Term SOFR 3 Month Index + 4.000% 9.3188% 6/4/28 (d)(j)(l)	557,125	464,118
CME Term SOFR 3 Month Index + 6.500% 2% 6/12/28 (d)(i)(j)(l)	174,862	174,643
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 6.500% 11.8736% 6/12/28 (d)(j)(l)	163,464	163,260
TOTAL METALS/MINING		802,021
Paper - 0.4%
Clydesdale Acquisition Holdings, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.670% 7.8602% 4/13/29 (d)(j)(l)	963,925	961,274
Services - 1.8%
ABG Intermediate Holdings 2 LLC Tranche B1 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.4465% 12/21/28 (d)(j)(l)	557,416	558,392
Allied Universal Holdco LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.5352% 5/14/28 (d)(j)(l)	1,445,841	1,442,342
Ascend Learning LLC:
2LN, term loan CME Term SOFR 1 Month Index + 5.750% 10.5352% 12/10/29 (d)(j)(l)	20,000	19,633
Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2852% 12/10/28 (d)(j)(l)	875,094	874,411
Brand Industrial Services, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.7477% 8/1/30 (d)(j)(l)	262,357	258,668
CHG Healthcare Services, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2996% 9/30/28 (d)(j)(l)	14,550	14,575
CoreLogic, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2996% 6/2/28 (d)(j)(l)	48,500	48,171
Ensemble RCM LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.000% 7.5854% 8/1/29 (d)(j)(l)	29,925	29,951
Neptune BidCo U.S., Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 5.000% 9.7583% 4/11/29 (d)(j)(l)	405,310	373,899
Spin Holdco, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 9.256% 3/4/28 (d)(j)(l)	885,830	766,739
TOTAL SERVICES		4,386,781
Super Retail - 0.8%
Empire Today LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 5.000% 9.847% 4/1/28 (d)(j)(l)	484,962	290,977
Great Outdoors Group LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.5496% 3/5/28 (d)(j)(l)	1,144,533	1,146,250
LBM Acquisition LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.6684% 6/6/31 (d)(j)(l)	502,675	495,009
TOTAL SUPER RETAIL		1,932,236
Technology - 1.4%
Acuris Finance U.S., Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.418% 2/16/28 (d)(j)(l)	6,306	6,291
Applied Systems, Inc. Tranche 2LN, term loan CME Term SOFR 3 Month Index + 5.250% 9.8537% 2/23/32 (d)(j)(l)	5,000	5,136
Athenahealth Group, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.9352% 2/15/29 (d)(j)(l)	844,707	841,362
Cloud Software Group, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.6037% 3/29/29 (d)(j)(l)	1,815,450	1,814,633
DG Investment Intermediate Holdings, Inc.:
2LN, term loan CME Term SOFR 1 Month Index + 6.750% 11.5496% 3/31/29 (d)(j)(l)	80,000	76,480
Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.5496% 3/31/28 (d)(j)(l)	14,513	14,491
Leia Finco U.S. LLC 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8867% 10/9/31 (d)(j)(l)	460,000	455,529
Maverick Bidco, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.750% 8.4854% 5/18/28 (d)(j)(l)	291,019	289,927
TOTAL TECHNOLOGY		3,503,849
Telecommunications - 0.3%
Cablevision Lightpath LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.1684% 11/30/27 (d)(j)(l)	475,197	473,515
Consolidated Communications, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2996% 10/2/27 (d)(j)(l)	250,000	245,720
TOTAL TELECOMMUNICATIONS		719,235
Textiles/Apparel - 0.2%
Tory Burch LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.0496% 4/16/28 (d)(j)(l)	598,632	598,548
Utilities - 0.2%
WEC U.S. Holdings Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.5954% 1/20/31 (d)(j)(l)	600,770	601,064
TOTAL BANK LOAN OBLIGATIONS (Cost $28,617,937)		28,611,408

Preferred Securities - 0.7%
	Principal Amount (a)	Value ($)
Banks & Thrifts - 0.5%
Ally Financial, Inc.:
4.7% (d)(m)	220,000	200,107
4.7% (d)(m)	230,000	188,899
Citigroup, Inc. 7.125% (d)(m)	420,000	444,320
Goldman Sachs Group, Inc. 6.125% (d)(m)	120,000	119,751
Wells Fargo & Co. 7.625% (c)(d)(m)	290,000	314,545
TOTAL BANKS & THRIFTS		1,267,622
Diversified Financial Services - 0.2%
Charles Schwab Corp. 5.375% (d)(m)	515,000	516,825
TOTAL PREFERRED SECURITIES (Cost $1,560,924)		1,784,447

Money Market Funds - 12.2%
	Shares	Value ($)
Fidelity Cash Central Fund 4.87% (n)	14,778,492	14,781,447
Fidelity Securities Lending Cash Central Fund 4.87% (n)(o)	15,646,113	15,647,677
TOTAL MONEY MARKET FUNDS (Cost $30,429,124)		30,429,124

Corporate Bonds - 93.6%
	Principal Amount (a)	Value ($)
Convertible Bonds - 1.0%
Automotive & Auto Parts - 0.2%
Rivian Automotive, Inc. 3.625% 10/15/30	421,000	325,601
Broadcasting - 0.3%
DISH Network Corp. 3.375% 8/15/26	680,000	570,937
Energy - 0.0%
Sunnova Energy International, Inc. 0.25% 12/1/26	112,000	72,716
Homebuilders/Real Estate - 0.2%
Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp. 0.25% 6/15/26	443,000	383,860
Meritage Homes Corp. 1.75% 5/15/28 (b)	10,000	10,615
		394,475
Leisure - 0.0%
Peloton Interactive, Inc. 5.5% 12/1/29 (b)	30,000	62,115
Technology - 0.3%
BlackLine, Inc. 1% 6/1/29 (b)	30,000	31,215
Global Payments, Inc. 1.5% 3/1/31 (b)	313,000	298,446
Wolfspeed, Inc. 1.875% 12/1/29	370,000	184,260
		513,921
TOTAL CONVERTIBLE BONDS		1,939,765
Nonconvertible Bonds - 92.6%
Aerospace - 3.6%
BWX Technologies, Inc. 4.125% 6/30/28 (b)	795,000	758,685
Howmet Aerospace, Inc.:
5.95% 2/1/37	400,000	422,339
6.75% 1/15/28 (c)	665,000	702,821
Kaiser Aluminum Corp. 4.625% 3/1/28 (b)(c)	800,000	762,197
Moog, Inc. 4.25% 12/15/27 (b)(c)	1,025,000	977,167
Rolls-Royce PLC 5.75% 10/15/27 (b)	1,115,000	1,137,538
Science Applications International Corp. 4.875% 4/1/28 (b)(c)	150,000	146,829
TransDigm, Inc. 6.75% 8/15/28 (b)	2,190,000	2,239,275
		7,146,851
Air Transportation - 1.4%
American Airlines, Inc.:
7.25% 2/15/28 (b)(c)	175,000	177,878
8.5% 5/15/29 (b)	345,000	362,572
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. 5.5% 4/20/26 (b)	210,000	209,369
Rand Parent LLC 8.5% 2/15/30 (b)(c)	430,000	429,054
Spirit Loyalty Cayman Ltd. / Spirit IP Cayman Ltd.:
8% 9/20/25 (b)	76,000	47,244
8% 9/20/25 (b)	149,000	92,624
United Airlines, Inc. 4.375% 4/15/26 (b)	1,440,000	1,415,124
		2,733,865
Automotive & Auto Parts - 1.5%
Allison Transmission, Inc. 3.75% 1/30/31 (b)	1,115,000	989,526
Belron UK Finance PLC 5.75% 10/15/29 (b)	300,000	300,657
Dana, Inc. 4.5% 2/15/32	380,000	325,044
Hudson Automotive Group 8% 5/15/32 (b)	125,000	130,677
Macquarie AirFinance Holdings:
6.4% 3/26/29 (b)	65,000	66,982
8.125% 3/30/29 (b)	190,000	200,989
Phinia, Inc. 6.75% 4/15/29 (b)	155,000	158,225
Thor Industries, Inc. 4% 10/15/29 (b)(c)	500,000	456,340
Wand NewCo 3, Inc. 7.625% 1/30/32 (b)	270,000	279,074
		2,907,514
Banks & Thrifts - 0.6%
Jane Street Group LLC/JSG Finance, Inc.:
4.5% 11/15/29 (b)	210,000	198,694
6.125% 11/1/32 (b)	275,000	275,178
UniCredit SpA:
5.861% 6/19/32 (b)(d)	93,000	92,666
7.296% 4/2/34 (b)(d)	237,000	248,013
VFH Parent LLC / Valor Co-Issuer, Inc. 7.5% 6/15/31 (b)	235,000	241,303
Western Alliance Bancorp. 3% 6/15/31 (d)	120,000	110,857
		1,166,711
Broadcasting - 2.1%
Nexstar Media, Inc. 5.625% 7/15/27 (b)	990,000	972,879
Scripps Escrow II, Inc. 3.875% 1/15/29 (b)	410,000	318,148
Sirius XM Radio, Inc.:
5% 8/1/27 (b)	1,700,000	1,665,938
5.5% 7/1/29 (b)(c)	625,000	606,309
TEGNA, Inc. 5% 9/15/29 (c)	210,000	196,046
Univision Communications, Inc. 8% 8/15/28 (b)	325,000	330,280
		4,089,600
Building Materials - 2.2%
Advanced Drain Systems, Inc. 5% 9/30/27 (b)(c)	1,320,000	1,296,083
Beacon Roofing Supply, Inc. 6.5% 8/1/30 (b)	230,000	233,789
Builders FirstSource, Inc. 4.25% 2/1/32 (b)	890,000	796,183
Eco Material Technologies, Inc. 7.875% 1/31/27 (b)	120,000	120,773
Smyrna Ready Mix Concrete LLC 8.875% 11/15/31 (b)	375,000	393,896
Standard Industries, Inc./New Jersey 4.375% 7/15/30 (b)	1,300,000	1,194,645
Star Holding LLC 8.75% 8/1/31 (b)	200,000	190,202
Summit Materials LLC/Summit Materials Finance Corp. 7.25% 1/15/31 (b)(c)	160,000	165,600
		4,391,171
Cable/Satellite TV - 2.2%
CCO Holdings LLC/CCO Holdings Capital Corp.:
4.5% 8/15/30 (b)	85,000	75,917
5% 2/1/28 (b)	1,780,000	1,722,789
5.125% 5/1/27 (b)	2,110,000	2,066,033
CSC Holdings LLC:
4.125% 12/1/30 (b)	160,000	118,101
5.375% 2/1/28 (b)	200,000	171,170
Ziggo Bond Co. BV 6% 1/15/27 (b)	300,000	299,318
		4,453,328
Capital Goods - 0.5%
ESAB Corp. 6.25% 4/15/29 (b)	370,000	376,515
Patrick Industries, Inc. 6.375% 11/1/32 (b)	300,000	296,688
Resideo Funding, Inc. 6.5% 7/15/32 (b)(c)	315,000	317,025
		990,228
Chemicals - 3.8%
Avient Corp. 6.25% 11/1/31 (b)	200,000	200,585
Axalta Coating Systems/Dutch Holding BV 4.75% 6/15/27 (b)	935,000	916,315
Kobe U.S. Midco 2, Inc. 9.25% 11/1/26 pay-in-kind (b)(d)	241,500	204,014
LSB Industries, Inc. 6.25% 10/15/28 (b)	210,000	203,159
Methanex Corp.:
5.25% 12/15/29	160,000	154,417
5.65% 12/1/44	991,000	876,714
NOVA Chemicals Corp. 5.25% 6/1/27 (b)	1,710,000	1,678,354
Nufarm Australia Ltd. 5% 1/27/30 (b)	865,000	801,565
Olympus Water U.S. Holding Corp. 9.75% 11/15/28 (b)	245,000	259,923
SPCM SA 3.125% 3/15/27 (b)	385,000	366,248
The Chemours Co. LLC:
4.625% 11/15/29 (b)(c)	185,000	160,619
5.75% 11/15/28 (b)(c)	505,000	466,151
Tronox, Inc. 4.625% 3/15/29 (b)	570,000	517,154
W.R. Grace Holding LLC:
4.875% 6/15/27 (b)	685,000	672,147
7.375% 3/1/31 (b)	85,000	87,851
		7,565,216
Consumer Products - 1.4%
Kohl's Corp. 4.25% 7/17/25	25,000	24,678
Kronos Acquisition Holdings, Inc. 8.25% 6/30/31 (b)	200,000	198,063
Mattel, Inc. 6.2% 10/1/40	245,000	244,610
Newell Brands, Inc.:
6.625% 9/15/29 (c)	875,000	887,193
6.875% 4/1/36 (e)	490,000	487,618
Prestige Brands, Inc. 3.75% 4/1/31 (b)	600,000	534,832
Tempur Sealy International, Inc. 3.875% 10/15/31 (b)	395,000	343,596
		2,720,590
Containers - 2.2%
Ball Corp. 3.125% 9/15/31	640,000	553,103
Graphic Packaging International, Inc.:
3.75% 2/1/30 (b)	700,000	640,147
6.375% 7/15/32 (b)	400,000	403,570
Mauser Packaging Solutions Holding Co. 7.875% 4/15/27 (b)	430,000	441,825
OI European Group BV 4.75% 2/15/30 (b)	390,000	356,064
Sealed Air Corp.:
5% 4/15/29 (b)	950,000	917,671
6.875% 7/15/33 (b)	445,000	471,400
Sealed Air Corp./Sealed Air Corp. U.S. 7.25% 2/15/31 (b)	400,000	415,292
Trivium Packaging Finance BV 5.5% 8/15/26 (b)	215,000	213,095
		4,412,167
Diversified Financial Services - 5.9%
Azorra Finance Ltd. 7.75% 4/15/30 (b)	140,000	138,276
Capstone Borrower, Inc. 8% 6/15/30 (b)	110,000	114,966
Encore Capital Group, Inc. 9.25% 4/1/29 (b)	200,000	212,950
Fortress Transportation & Infrastructure Investors LLC:
5.875% 4/15/33 (b)	300,000	292,487
7% 6/15/32 (b)	395,000	405,271
7.875% 12/1/30 (b)	310,000	326,579
GGAM Finance Ltd.:
5.875% 3/15/30 (b)	100,000	98,406
6.875% 4/15/29 (b)	260,000	264,957
7.75% 5/15/26 (b)	540,000	549,486
8% 2/15/27 (b)	305,000	315,099
Gn Bondco LLC 9.5% 10/15/31 (b)(c)	425,000	451,295
Hightower Holding LLC 6.75% 4/15/29 (b)	605,000	595,620
Icahn Enterprises LP/Icahn Enterprises Finance Corp. 5.25% 5/15/27 (c)	2,005,000	1,867,881
Jefferies Finance LLC/JFIN Co.-Issuer Corp. 6.625% 10/15/31 (b)	300,000	298,748
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. 4.25% 2/1/27 (b)(c)	845,000	818,163
LPL Holdings, Inc. 4% 3/15/29 (b)	1,520,000	1,429,420
Nationstar Mortgage Holdings, Inc. 6.5% 8/1/29 (b)	305,000	304,988
Navient Corp. 6.75% 6/15/26 (c)	540,000	550,316
OneMain Finance Corp.:
3.5% 1/15/27	1,145,000	1,092,764
6.625% 5/15/29	200,000	200,000
7.125% 3/15/26	500,000	512,243
7.125% 11/15/31	100,000	101,117
7.5% 5/15/31	805,000	823,228
		11,764,260
Diversified Media - 0.4%
Lamar Media Corp. 3.625% 1/15/31	915,000	816,638
Energy - 12.4%
Aethon United BR LP / Aethon United Finance Corp. 7.5% 10/1/29 (b)	250,000	251,733
Alpha Generation LLC 6.75% 10/15/32 (b)	235,000	238,301
Apache Corp.:
4.25% 1/15/30	215,000	202,448
5.1% 9/1/40	600,000	518,015
Archrock Partners LP / Archrock Partners Finance Corp. 6.625% 9/1/32 (b)	305,000	306,379
Ascent Resources - Utica LLC/ARU Finance Corp. 6.625% 10/15/32 (b)	80,000	79,242
Baytex Energy Corp. 7.375% 3/15/32 (b)	270,000	262,122
California Buyer Ltd./Atlantica Sustainable Infrastructure PLC 6.375% 2/15/32 (b)(f)	320,000	317,789
California Resources Corp. 8.25% 6/15/29 (b)	605,000	611,008
Cheniere Energy, Inc. 4.625% 10/15/28	640,000	627,204
CNX Midstream Partners LP 4.75% 4/15/30 (b)	160,000	148,931
CPI CG, Inc. 10% 7/15/29 (b)	110,000	115,225
CVR Energy, Inc.:
5.75% 2/15/28 (b)	150,000	136,785
8.5% 1/15/29 (b)	220,000	213,336
DCP Midstream Operating LP:
5.6% 4/1/44	85,000	81,151
8.125% 8/16/30	25,000	28,663
Delek Logistics Partners LP/Delek Logistics Finance Corp. 8.625% 3/15/29 (b)	415,000	425,807
EnLink Midstream LLC 5.625% 1/15/28 (b)	195,000	197,374
EnLink Midstream Partners LP 5.05% 4/1/45	255,000	221,727
EQM Midstream Partners LP:
5.5% 7/15/28	800,000	794,027
6.5% 7/1/27 (b)	785,000	802,957
7.5% 6/1/27 (b)	555,000	567,462
EQT Corp. 3.9% 10/1/27	1,450,000	1,411,052
Genesis Energy LP/Genesis Energy Finance Corp. 7.875% 5/15/32	100,000	100,070
Global Partners LP/GLP Finance Corp. 8.25% 1/15/32 (b)	130,000	132,661
Harvest Midstream I LP 7.5% 5/15/32 (b)	380,000	389,073
Hess Midstream Operations LP:
5.125% 6/15/28 (b)	1,070,000	1,047,060
5.625% 2/15/26 (b)	2,310,000	2,304,445
Hilcorp Energy I LP/Hilcorp Finance Co. 6.25% 11/1/28 (b)	330,000	321,975
Howard Midstream Energy Partners LLC 7.375% 7/15/32 (b)	200,000	204,046
Kinetik Holdings LP:
5.875% 6/15/30 (b)	270,000	267,921
6.625% 12/15/28 (b)	405,000	413,646
Kodiak Gas Services LLC 7.25% 2/15/29 (b)(c)	315,000	323,794
Matador Resources Co. 6.5% 4/15/32 (b)	345,000	341,676
Murphy Oil Corp. 6% 10/1/32	200,000	192,585
New Fortress Energy, Inc. 6.5% 9/30/26 (b)	230,000	213,054
Occidental Petroleum Corp. 3.5% 8/15/29	810,000	741,651
PBF Holding Co. LLC/PBF Finance Corp. 7.875% 9/15/30 (b)	810,000	808,616
Permian Resources Operating LLC:
5.875% 7/1/29 (b)	200,000	197,000
6.25% 2/1/33 (b)	200,000	198,559
7% 1/15/32 (b)	630,000	642,659
Seadrill Finance Ltd. 8.375% 8/1/30 (b)	605,000	617,818
Sitio Royalties OP / Sitio Finance Corp. 7.875% 11/1/28 (b)	387,000	401,740
Sunnova Energy Corp. 11.75% 10/1/28 (b)	105,000	85,370
Sunoco LP/Sunoco Finance Corp.:
4.5% 5/15/29 (c)	1,140,000	1,083,906
6% 4/15/27	25,000	25,026
Superior Plus LP / Superior General Partner, Inc. 4.5% 3/15/29 (b)	320,000	295,257
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.:
5.5% 1/15/28 (b)	225,000	216,085
6% 12/31/30 (b)	1,190,000	1,116,833
Talos Production, Inc. 9% 2/1/29 (b)	90,000	92,694
Transocean, Inc. 8.25% 5/15/29 (b)	400,000	402,164
Valaris Ltd. 8.375% 4/30/30 (b)	335,000	339,891
Venture Global Calcasieu Pass LLC:
3.875% 8/15/29 (b)	480,000	442,582
3.875% 11/1/33 (b)(c)	380,000	330,149
4.125% 8/15/31 (b)	460,000	419,261
Venture Global LNG, Inc.:
7% 1/15/30 (b)(c)	1,010,000	1,016,234
8.125% 6/1/28 (b)	320,000	332,091
		24,616,330
Environmental - 1.6%
Darling Ingredients, Inc.:
5.25% 4/15/27 (b)	970,000	960,608
6% 6/15/30 (b)	170,000	168,831
GFL Environmental, Inc. 6.75% 1/15/31 (b)	155,000	159,591
Madison IAQ LLC 4.125% 6/30/28 (b)	975,000	925,378
Wrangler Holdco Corp. 6.625% 4/1/32 (b)	910,000	928,812
		3,143,220
Food & Drug Retail - 1.8%
Albertsons Companies LLC/Safeway, Inc./New Albertson's, Inc./Albertson's LLC 3.5% 3/15/29 (b)	2,810,000	2,596,208
Emergent BioSolutions, Inc. 3.875% 8/15/28 (b)	375,000	301,265
Murphy Oil U.S.A., Inc. 3.75% 2/15/31 (b)	190,000	168,836
Parkland Corp. 6.625% 8/15/32 (b)	510,000	508,933
		3,575,242
Food/Beverage/Tobacco - 2.5%
BellRing Brands, Inc. 7% 3/15/30 (b)(c)	350,000	364,243
C&S Group Enterprises LLC 5% 12/15/28 (b)	405,000	335,229
Chobani Holdco II LLC 9.5% 10/1/29 pay-in-kind (b)(d)	200,000	206,329
Chobani LLC/Finance Corp., Inc. 7.625% 7/1/29 (b)	245,000	255,417
Fiesta Purchaser, Inc. 7.875% 3/1/31 (b)	195,000	204,498
KeHE Distributor / Nextwave 9% 2/15/29 (b)	315,000	326,170
Lamb Weston Holdings, Inc. 4.375% 1/31/32 (b)	755,000	691,667
Performance Food Group, Inc. 6.125% 9/15/32 (b)	300,000	301,255
Pilgrim's Pride Corp. 4.25% 4/15/31	405,000	376,392
Post Holdings, Inc.:
5.5% 12/15/29 (b)	590,000	575,442
5.625% 1/15/28 (b)	405,000	408,307
6.25% 10/15/34 (b)	180,000	178,011
6.375% 3/1/33 (b)	205,000	202,814
U.S. Foods, Inc.:
4.625% 6/1/30 (b)(c)	180,000	170,786
5.75% 4/15/33 (b)	175,000	172,337
7.25% 1/15/32 (b)(c)	210,000	218,193
		4,987,090
Gaming - 2.2%
Caesars Entertainment, Inc.:
6% 10/15/32 (b)	405,000	395,048
6.5% 2/15/32 (b)	605,000	613,540
Churchill Downs, Inc. 5.75% 4/1/30 (b)(c)	455,000	447,928
Melco Resorts Finance Ltd. 4.875% 6/6/25 (b)	1,225,000	1,211,184
Ontario Gaming GTA LP / OTG Co. issuer, Inc. 8% 8/1/30 (b)	115,000	118,200
Station Casinos LLC 6.625% 3/15/32 (b)(c)	310,000	311,522
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp. 5.25% 5/15/27 (b)	870,000	863,495
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. 5.125% 10/1/29 (b)	380,000	368,912
		4,329,829
Healthcare - 5.1%
180 Medical, Inc. 3.875% 10/15/29 (b)	625,000	581,292
Avantor Funding, Inc. 4.625% 7/15/28 (b)	1,195,000	1,155,471
Centene Corp. 2.45% 7/15/28	75,000	67,509
Charles River Laboratories International, Inc.:
3.75% 3/15/29 (b)(c)	795,000	728,787
4.25% 5/1/28 (b)	90,000	85,562
DaVita, Inc. 4.625% 6/1/30 (b)	365,000	336,026
Grifols SA 4.75% 10/15/28 (b)	100,000	92,148
HAH Group Holding Co. LLC 9.75% 10/1/31 (b)	360,000	366,813
HealthEquity, Inc. 4.5% 10/1/29 (b)	160,000	152,482
Hologic, Inc. 4.625% 2/1/28 (b)	850,000	833,922
IQVIA, Inc. 5% 5/15/27 (b)	820,000	809,477
Jazz Securities DAC 4.375% 1/15/29 (b)	350,000	331,203
Medline Borrower LP / Medline Co. 6.25% 4/1/29 (b)	615,000	625,728
Molina Healthcare, Inc. 3.875% 5/15/32 (b)	510,000	452,118
Organon & Co. / Organon Foreign Debt Co-Issuer BV 4.125% 4/30/28 (b)	840,000	795,910
Surgery Center Holdings, Inc. 7.25% 4/15/32 (b)	300,000	308,041
Teleflex, Inc. 4.25% 6/1/28 (b)	235,000	225,293
Tenet Healthcare Corp.:
4.625% 6/15/28	1,810,000	1,749,670
6.125% 6/15/30	465,000	467,189
		10,164,641
Homebuilders/Real Estate - 3.7%
Century Communities, Inc. 3.875% 8/15/29 (b)	460,000	418,418
Greystar Real Estate Partners 7.75% 9/1/30 (b)	95,000	99,540
HAT Holdings I LLC/HAT Holdings II LLC:
3.375% 6/15/26 (b)	495,000	477,925
8% 6/15/27 (b)	250,000	261,877
Howard Hughes Corp. 4.375% 2/1/31 (b)	825,000	739,320
Kennedy-Wilson, Inc. 4.75% 2/1/30	770,000	688,752
LGI Homes, Inc. 8.75% 12/15/28 (b)	160,000	168,559
MPT Operating Partnership LP/MPT Finance Corp.:
3.5% 3/15/31	1,665,000	1,179,068
5.25% 8/1/26 (c)	415,000	392,536
Panther Escrow Issuer LLC 7.125% 6/1/31 (b)	340,000	348,119
Ryan Specialty Group LLC:
4.375% 2/1/30 (b)(c)	540,000	511,895
5.875% 8/1/32 (b)	130,000	129,566
Safehold Operating Partnership LP 2.85% 1/15/32	280,000	237,456
Service Properties Trust:
3.95% 1/15/28	75,000	64,364
5.5% 12/15/27	415,000	392,983
Taylor Morrison Communities, Inc./Monarch Communities, Inc. 5.75% 1/15/28 (b)	450,000	450,063
TopBuild Corp. 4.125% 2/15/32 (b)(c)	810,000	722,115
		7,282,556
Hotels - 2.5%
Hilton Domestic Operating Co., Inc.:
3.625% 2/15/32 (b)	1,165,000	1,022,576
4% 5/1/31 (b)	2,780,000	2,532,338
Hilton Grand Vacations Borrower Escrow LLC 6.625% 1/15/32 (b)	420,000	420,103
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. 4.875% 4/1/27 (c)	445,000	441,653
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer 7% 2/1/30 (b)(c)	140,000	143,414
Wyndham Hotels & Resorts, Inc. 4.375% 8/15/28 (b)	525,000	499,680
		5,059,764
Insurance - 0.6%
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer 4.25% 10/15/27 (b)	1,075,000	1,019,545
APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Investor 2 LLC 7.875% 11/1/29 (b)	200,000	199,800
		1,219,345
Leisure - 2.4%
Amer Sports Co. 6.75% 2/16/31 (b)(c)	210,000	213,337
Carnival Corp.:
7% 8/15/29 (b)	425,000	444,476
7.625% 3/1/26 (b)	675,000	679,720
NCL Corp. Ltd.:
5.875% 2/15/27 (b)	350,000	349,637
8.375% 2/1/28 (b)	230,000	240,930
Royal Caribbean Cruises Ltd.:
5.5% 4/1/28 (b)	1,200,000	1,199,917
5.625% 9/30/31 (b)	400,000	397,740
6% 2/1/33 (b)	1,010,000	1,016,202
6.25% 3/15/32 (b)	205,000	209,002
		4,750,961
Metals/Mining - 2.2%
Alcoa Nederland Holding BV 7.125% 3/15/31 (b)	80,000	83,412
Arsenal AIC Parent LLC 8% 10/1/30 (b)	130,000	136,645
Cleveland-Cliffs, Inc. 7% 3/15/32 (b)	595,000	595,673
ERO Copper Corp. 6.5% 2/15/30 (b)	740,000	727,050
FMG Resources August 2006 Pty Ltd. 4.5% 9/15/27 (b)	1,140,000	1,109,790
HudBay Minerals, Inc. 4.5% 4/1/26 (b)	240,000	237,003
Mineral Resources Ltd. 8% 11/1/27 (b)	1,130,000	1,158,696
Novelis Corp. 3.875% 8/15/31 (b)	385,000	338,115
		4,386,384
Paper - 0.4%
Ardagh Metal Packaging Finance U.S.A. LLC/Ardagh Metal Packaging Finance PLC:
3.25% 9/1/28 (b)	570,000	513,602
6% 6/15/27 (b)	160,000	159,547
Glatfelter Corp. 7.25% 11/15/31 (b)	140,000	138,810
Mercer International, Inc. 12.875% 10/1/28 (b)	20,000	21,177
		833,136
Publishing/Printing - 0.1%
Cimpress PLC 7.375% 9/15/32 (b)	235,000	231,356
Railroad - 0.2%
Genesee & Wyoming, Inc. 6.25% 4/15/32 (b)	305,000	307,665
Restaurants - 1.8%
1011778 BC Unlimited Liability Co./New Red Finance, Inc. 6.125% 6/15/29 (b)	1,010,000	1,027,633
Garden SpinCo Corp. 8.625% 7/20/30 (b)(c)	115,000	124,465
Yum! Brands, Inc.:
3.625% 3/15/31 (c)	2,615,000	2,368,043
5.35% 11/1/43	110,000	107,035
		3,627,176
Services - 7.4%
ADT Corp.:
4.125% 8/1/29 (b)	385,000	359,991
4.875% 7/15/32 (b)	565,000	526,538
AECOM 5.125% 3/15/27	1,485,000	1,477,053
Allied Universal Holdco LLC 7.875% 2/15/31 (b)	310,000	315,479
Artera Services LLC 8.5% 2/15/31 (b)	1,025,000	1,015,826
ASGN, Inc. 4.625% 5/15/28 (b)	965,000	921,495
Booz Allen Hamilton, Inc. 4% 7/1/29 (b)	155,000	148,024
Brand Industrial Services, Inc. 10.375% 8/1/30 (b)	320,000	339,247
CoreCivic, Inc. 8.25% 4/15/29	205,000	215,281
Fair Isaac Corp. 4% 6/15/28 (b)	450,000	427,344
Gartner, Inc.:
3.625% 6/15/29 (b)	220,000	205,340
4.5% 7/1/28 (b)	660,000	643,986
Iron Mountain, Inc. 4.875% 9/15/29 (b)	2,715,000	2,614,685
Life Time, Inc. 6% 11/15/31 (b)(f)	400,000	398,302
Prime Securities Services Borrower LLC/Prime Finance, Inc. 3.375% 8/31/27 (b)	2,225,000	2,093,943
Service Corp. International 5.125% 6/1/29	1,425,000	1,398,133
Sotheby's 7.375% 10/15/27 (b)	185,000	180,046
The GEO Group, Inc. 8.625% 4/15/29	240,000	251,041
TriNet Group, Inc. 3.5% 3/1/29 (b)	710,000	645,609
United Rentals North America, Inc. 6.125% 3/15/34 (b)	515,000	519,298
		14,696,661
Steel - 0.0%
Roller Bearing Co. of America, Inc. 4.375% 10/15/29 (b)	110,000	103,354
Super Retail - 3.3%
Asbury Automotive Group, Inc.:
4.625% 11/15/29 (b)	245,000	229,399
5% 2/15/32 (b)	260,000	239,514
Bath & Body Works, Inc. 6.625% 10/1/30 (b)(c)	1,620,000	1,622,096
EG Global Finance PLC 12% 11/30/28 (b)	615,000	683,817
Gap, Inc. 3.875% 10/1/31 (b)	385,000	330,841
Group 1 Automotive, Inc. 6.375% 1/15/30 (b)	195,000	195,874
Hanesbrands, Inc. 4.875% 5/15/26 (b)	1,115,000	1,101,491
Levi Strauss & Co. 3.5% 3/1/31 (b)(c)	630,000	556,482
Nordstrom, Inc. 4.375% 4/1/30	930,000	842,989
Sally Holdings LLC 6.75% 3/1/32 (c)	205,000	207,555
The William Carter Co. 5.625% 3/15/27 (b)	465,000	462,271
		6,472,329
Technology - 6.8%
Acuris Finance U.S.:
5% 5/1/28 (b)	375,000	338,435
9% 8/1/29 (b)	215,000	210,743
Amentum Holdings, Inc. 7.25% 8/1/32 (b)	240,000	248,584
Block, Inc.:
2.75% 6/1/26	380,000	365,873
6.5% 5/15/32 (b)	405,000	412,195
Broadcom, Inc. 2.45% 2/15/31 (b)	420,000	362,698
Central Parent LLC/CDK GLO II/CDK Finance Co. 8% 6/15/29 (b)(c)	415,000	424,094
Central Parent, Inc./Central Merger Sub, Inc. 7.25% 6/15/29 (b)	345,000	346,304
Coherent Corp. 5% 12/15/29 (b)(c)	1,600,000	1,534,883
Crowdstrike Holdings, Inc. 3% 2/15/29	525,000	477,401
Elastic NV 4.125% 7/15/29 (b)	235,000	217,464
Entegris, Inc. 4.375% 4/15/28 (b)	730,000	697,928
HTA Group Ltd. 7.5% 6/4/29 (b)	705,000	716,351
Insight Enterprises, Inc. 6.625% 5/15/32 (b)	165,000	168,682
Lightning Power LLC 7.25% 8/15/32 (b)	190,000	197,665
Match Group Holdings II LLC:
3.625% 10/1/31 (b)(c)	575,000	503,768
4.125% 8/1/30 (b)	265,000	240,964
ON Semiconductor Corp. 3.875% 9/1/28 (b)	545,000	511,046
Open Text Corp.:
3.875% 2/15/28 (b)	1,410,000	1,326,229
3.875% 12/1/29 (b)	390,000	355,800
Open Text Holdings, Inc. 4.125% 2/15/30 (b)	130,000	119,346
Qorvo, Inc. 4.375% 10/15/29 (c)	505,000	476,135
Seagate HDD Cayman 8.25% 12/15/29	1,425,000	1,533,028
Sensata Technologies, Inc. 3.75% 2/15/31 (b)	1,165,000	1,039,769
VM Consolidated, Inc. 5.5% 4/15/29 (b)	345,000	333,666
Wolfspeed, Inc. 4.2917% 6/23/30 pay-in-kind (b)(d)(g)(h)	350,000	336,000
		13,495,051
Telecommunications - 2.9%
Altice Financing SA 5% 1/15/28 (b)	10,000	8,456
Altice France SA 5.125% 7/15/29 (b)	600,000	448,772
C&W Senior Finance Ltd. 6.875% 9/15/27 (b)	909,000	899,986
Cogent Communications Group, Inc. 7% 6/15/27 (b)	660,000	667,003
LCPR Senior Secured Financing DAC 5.125% 7/15/29 (b)	870,000	732,470
Level 3 Financing, Inc.:
4.875% 6/15/29 (b)	300,000	256,500
11% 11/15/29 (b)	133,344	150,467
Millicom International Cellular SA 5.125% 1/15/28 (b)	900,000	869,625
SBA Communications Corp. 3.875% 2/15/27	750,000	725,882
ViaSat, Inc. 5.625% 9/15/25 (b)	310,000	305,959
Virgin Media Finance PLC 5% 7/15/30 (b)	105,000	90,265
Virgin Media Secured Finance PLC 5.5% 5/15/29 (b)	740,000	699,826
		5,855,211
Textiles/Apparel - 0.3%
Crocs, Inc. 4.125% 8/15/31 (b)(c)	405,000	354,769
Foot Locker, Inc. 4% 10/1/29 (b)(c)	200,000	171,853
Kontoor Brands, Inc. 4.125% 11/15/29 (b)	130,000	121,165
		647,787
Transportation Ex Air/Rail - 0.3%
Seaspan Corp. 5.5% 8/1/29 (b)	200,000	190,242
XPO, Inc.:
6.25% 6/1/28 (b)	325,000	329,911
7.125% 2/1/32 (b)	105,000	109,078
		629,231
Utilities - 4.3%
Clearway Energy Operating LLC:
3.75% 2/15/31 (b)	1,615,000	1,441,700
4.75% 3/15/28 (b)	195,000	189,150
FirstEnergy Corp. 2.25% 9/1/30 (c)	825,000	710,452
NextEra Energy Partners LP 7.25% 1/15/29 (b)(c)	405,000	416,586
NRG Energy, Inc.:
5.25% 6/15/29 (b)(c)	625,000	610,751
6% 2/1/33 (b)	200,000	198,893
6.25% 11/1/34 (b)	200,000	199,789
PG&E Corp. 5% 7/1/28 (c)	1,245,000	1,214,308
TerraForm Power Operating LLC 4.75% 1/15/30 (b)	130,000	121,295
Vertiv Group Corp. 4.125% 11/15/28 (b)	945,000	899,315
Vistra Operations Co. LLC:
5% 7/31/27 (b)	2,395,000	2,363,493
7.75% 10/15/31 (b)	200,000	211,275
		8,577,007
TOTAL NONCONVERTIBLE BONDS		184,149,465
TOTAL CORPORATE BONDS (Cost $190,104,018)		186,089,230

Asset-Backed Securities - 0.2%
	Principal Amount (a)	Value ($)
Carlyle U.S. Clo 2024-6 Ltd. Series 2024-6A Class E, CME Term SOFR 3 Month Index + 5.750% 0% 10/25/37 (b)(d)(f)(i)	150,000	150,031
Palmer Square Ln Funding 2024-2 Lt Series 2024-2A Class D, CME Term SOFR 3 Month Index + 4.700% 6.2% 1/15/33 (b)(d)(f)(i)	250,000	250,000
TOTAL ASSET-BACKED SECURITIES (Cost $400,000)		400,031

Common Stocks - 0.1%
	Shares	Value ($)
Healthcare - 0.1%
Cano Health, Inc. (h)	20,400	249,288
Cano Health, Inc. warrants (h)(j)	627	2,483

TOTAL COMMON STOCKS (Cost $402,107)		251,771

Bank Loan Obligations - 1.5%
	Principal Amount (a)	Value ($)
Broadcasting - 0.1%
Diamond Sports Group LLC Tranche DIP term loan 10% 8/2/27 (k)	109,824	115,590
Consumer Products - 0.0%
TripAdvisor, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.4352% 7/8/31 (d)(i)(k)	15,000	14,994
Diversified Financial Services - 0.2%
Dragon Buyer, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8537% 9/30/31 (d)(i)(k)	20,000	19,869
Nexus Buyer LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 8.6852% 7/18/31 (d)(i)(k)	300,000	298,689
TOTAL DIVERSIFIED FINANCIAL SERVICES		318,558
Healthcare - 0.1%
Cano Health, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 8.000% 12.6037% 6/28/29 (d)(i)(k)	122,305	121,388
Insurance - 0.1%
Alliant Holdings Intermediate LLC Tranche B6 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.7592% 9/19/31 (d)(i)(k)	282,853	281,438
Metals/Mining - 0.3%
American Rock Salt Co. LLC:
1LN, term loan:
CME Term SOFR 3 Month Index + 4.000% 9.3188% 6/4/28 (d)(i)(k)	487,484	406,103
CME Term SOFR 3 Month Index + 6.500% 2% 6/12/28 (d)(g)(i)(k)	153,004	152,813
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 6.500% 11.8736% 6/12/28 (d)(i)(k)	143,031	142,852
TOTAL METALS/MINING		701,768
Services - 0.4%
ABG Intermediate Holdings 2 LLC Tranche B1 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.4465% 12/21/28 (d)(i)(k)	131,974	132,205
Ascend Learning LLC:
2LN, term loan CME Term SOFR 1 Month Index + 5.750% 10.5352% 12/10/29 (d)(i)(k)	50,000	49,084
Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2852% 12/10/28 (d)(i)(k)	191,112	190,963
Ensemble RCM LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.000% 7.5854% 8/1/29 (d)(i)(k)	24,937	24,959
Spin Holdco, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 9.256% 3/4/28 (d)(i)(k)	369,044	319,430
TOTAL SERVICES		716,641
Technology - 0.2%
Leia Finco U.S. LLC 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8867% 10/9/31 (d)(i)(k)	405,000	401,063
Utilities - 0.1%
WEC U.S. Holdings Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.5954% 1/20/31 (d)(i)(k)	256,108	256,234
TOTAL BANK LOAN OBLIGATIONS (Cost $2,915,366)		2,927,674

Preferred Securities - 0.9%
	Principal Amount (a)	Value ($)
Banks & Thrifts - 0.6%
Ally Financial, Inc.:
4.7% (d)(l)	385,000	350,188
4.7% (d)(l)	100,000	82,130
Citigroup, Inc. 7.125% (d)(l)	375,000	396,715
Wells Fargo & Co. 7.625% (c)(d)(l)	320,000	347,085
TOTAL BANKS & THRIFTS		1,176,118
Diversified Financial Services - 0.3%
Charles Schwab Corp.:
4% (d)(l)	465,000	408,131
5.375% (d)(l)	225,000	225,797
TOTAL DIVERSIFIED FINANCIAL SERVICES		633,928
TOTAL PREFERRED SECURITIES (Cost $1,567,921)		1,810,046

Money Market Funds - 8.4%
	Shares	Value ($)
Fidelity Cash Central Fund 4.87% (m)	6,494,507	6,495,806
Fidelity Securities Lending Cash Central Fund 4.87% (m)(n)	10,062,446	10,063,452
TOTAL MONEY MARKET FUNDS (Cost $16,559,258)		16,559,258

Corporate Bonds - 51.6%
	Principal Amount (a) (000s)	Value ($) (000s)
Convertible Bonds - 1.1%
Broadcasting - 0.6%
DISH Network Corp.:
0% 12/15/25	37,425	33,226
3.375% 8/15/26	53,665	45,058
		78,284
Diversified Financial Services - 0.1%
Coinbase Global, Inc. 0.25% 4/1/30 (b)	8,566	7,757
New Cotai LLC 5% 2/24/27 (c)	4,346	8,553
		16,310
Technology - 0.4%
Wolfspeed, Inc. 1.875% 12/1/29	118,424	58,975
TOTAL CONVERTIBLE BONDS		153,569
Nonconvertible Bonds - 50.5%
Aerospace - 2.9%
ATI, Inc.:
4.875% 10/1/29	6,080	5,759
5.125% 10/1/31	5,395	5,093
Bombardier, Inc.:
6% 2/15/28 (b)	6,075	6,068
7.125% 6/15/26 (b)	3,102	3,135
7.25% 7/1/31 (b)	6,080	6,282
7.875% 4/15/27 (b)	13,020	13,046
8.75% 11/15/30 (b)	9,040	9,795
Kaiser Aluminum Corp. 4.625% 3/1/28 (b)	11,215	10,685
Moog, Inc. 4.25% 12/15/27 (b)	3,455	3,294
Rolls-Royce PLC 5.75% 10/15/27 (b)	10,870	11,090
TransDigm, Inc.:
4.625% 1/15/29	38,080	36,162
4.875% 5/1/29	25,000	23,878
5.5% 11/15/27	124,228	122,986
6.375% 3/1/29 (b)	15,065	15,292
6.625% 3/1/32 (b)	6,065	6,168
6.75% 8/15/28 (b)	27,225	27,838
6.875% 12/15/30 (b)	47,905	49,106
7.125% 12/1/31 (b)	12,085	12,505
Triumph Group, Inc. 9% 3/15/28 (b)	7,141	7,440
VistaJet Malta Finance PLC / XO Management Holding, Inc. 9.5% 6/1/28 (b)	8,905	8,748
		384,370
Air Transportation - 1.2%
Air Canada 3.875% 8/15/26 (b)	9,105	8,808
Allegiant Travel Co. 7.25% 8/15/27 (b)	8,870	8,737
American Airlines, Inc.:
7.25% 2/15/28 (b)	19,595	19,917
8.5% 5/15/29 (b)	20,045	21,066
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. 5.75% 4/20/29 (b)	29,825	29,534
Rand Parent LLC 8.5% 2/15/30 (b)	14,880	14,847
Spirit Loyalty Cayman Ltd. / Spirit IP Cayman Ltd.:
8% 9/20/25 (b)	7,779	4,836
8% 9/20/25 (b)	2,960	1,840
United Airlines, Inc.:
4.375% 4/15/26 (b)	30,025	29,506
4.625% 4/15/29 (b)	18,025	17,252
		156,343
Automotive & Auto Parts - 0.8%
Adient Global Holdings Ltd. 7% 4/15/28 (b)	5,935	6,034
Allison Transmission, Inc. 5.875% 6/1/29 (b)	7,960	7,933
Clarios Global LP / Clarios U.S. Finance Co. 6.75% 5/15/28 (b)	11,885	12,166
Dana, Inc.:
4.25% 9/1/30	8,870	7,756
4.5% 2/15/32	9,135	7,814
LCM Investments Holdings 8.25% 8/1/31 (b)	7,185	7,504
Macquarie AirFinance Holdings:
6.4% 3/26/29 (b)	4,205	4,333
6.5% 3/26/31 (b)	6,430	6,680
8.125% 3/30/29 (b)	8,990	9,510
McLaren Finance PLC 7.5% 8/1/26 (b)	8,290	8,041
Nesco Holdings II, Inc. 5.5% 4/15/29 (b)	14,525	13,517
Wand NewCo 3, Inc. 7.625% 1/30/32 (b)	12,115	12,522
		103,810
Banks & Thrifts - 1.4%
Ally Financial, Inc.:
8% 11/1/31	144,500	160,779
8% 11/1/31	20,638	22,999
Jane Street Group LLC/JSG Finance, Inc. 4.5% 11/15/29 (b)	8,740	8,269
		192,047
Broadcasting - 1.2%
DISH Network Corp. 11.75% 11/15/27 (b)	59,780	62,926
Scripps Escrow II, Inc. 3.875% 1/15/29 (b)	2,820	2,188
Sirius XM Radio, Inc.:
3.875% 9/1/31 (b)	12,130	10,424
4% 7/15/28 (b)	10,140	9,473
5% 8/1/27 (b)	8,280	8,114
Univision Communications, Inc.:
4.5% 5/1/29 (b)	12,060	10,706
7.375% 6/30/30 (b)	39,140	37,576
8.5% 7/31/31 (b)	21,160	20,799
		162,206
Building Materials - 0.6%
Advanced Drain Systems, Inc.:
5% 9/30/27 (b)	2,325	2,283
6.375% 6/15/30 (b)	6,050	6,099
Brundage-Bone Concrete Pumping Holdings, Inc. 6% 2/1/26 (b)	6,555	6,523
James Hardie International Finance Ltd. 5% 1/15/28 (b)	4,136	4,000
MITER Brands Acquisition Holdco, Inc. / MIWD Borrower LLC 6.75% 4/1/32 (b)	9,120	9,277
MIWD Holdco II LLC / MIWD Finance Corp. 5.5% 2/1/30 (b)	4,125	3,941
Smyrna Ready Mix Concrete LLC 8.875% 11/15/31 (b)	24,115	25,330
Summit Materials LLC/Summit Materials Finance Corp.:
5.25% 1/15/29 (b)	10,525	10,434
7.25% 1/15/31 (b)	9,155	9,475
		77,362
Cable/Satellite TV - 0.2%
VZ Secured Financing BV 5% 1/15/32 (b)	24,310	21,823
Ziggo BV 4.875% 1/15/30 (b)	7,990	7,409
		29,232
Capital Goods - 0.2%
ATS Corp. 4.125% 12/15/28 (b)	7,895	7,401
Chart Industries, Inc. 7.5% 1/1/30 (b)	15,680	16,308
		23,709
Chemicals - 1.2%
Compass Minerals International, Inc. 6.75% 12/1/27 (b)	24,600	24,248
Consolidated Energy Finance SA 12% 2/15/31 (b)	9,700	9,460
Ingevity Corp. 3.875% 11/1/28 (b)	11,105	10,219
LSB Industries, Inc. 6.25% 10/15/28 (b)	21,105	20,418
NOVA Chemicals Corp. 8.5% 11/15/28 (b)	8,160	8,652
Olympus Water U.S. Holding Corp.:
4.25% 10/1/28 (b)	15,305	14,405
7.125% 10/1/27 (b)	7,080	7,189
9.75% 11/15/28 (b)	30,040	31,870
SCIH Salt Holdings, Inc. 4.875% 5/1/28 (b)	7,820	7,488
SCIL IV LLC / SCIL U.S.A. Holdings LLC 5.375% 11/1/26 (b)	14,015	13,844
Tronox, Inc. 4.625% 3/15/29 (b)	13,295	12,062
W.R. Grace Holding LLC 7.375% 3/1/31 (b)	5,940	6,139
		165,994
Consumer Products - 1.1%
Angi Group LLC 3.875% 8/15/28 (b)	5,530	5,003
Foundation Building Materials, Inc. 6% 3/1/29 (b)	5,845	5,164
HFC Prestige Products, Inc./HFC Prestige International U.S. LLC 4.75% 1/15/29 (b)	8,760	8,451
Kronos Acquisition Holdings, Inc. 8.25% 6/30/31 (b)	12,120	12,003
PetSmart, Inc. / PetSmart Finance Corp.:
4.75% 2/15/28 (b)	16,195	15,396
7.75% 2/15/29 (b)	17,680	17,160
Spectrum Brands Holdings, Inc. 3.875% 3/15/31 (b)	1,993	1,745
Tempur Sealy International, Inc.:
3.875% 10/15/31 (b)	15,965	13,887
4% 4/15/29 (b)	15,925	14,674
The Scotts Miracle-Gro Co. 4% 4/1/31	11,945	10,694
TKC Holdings, Inc. 6.875% 5/15/28 (b)	20,025	19,715
Wayfair LLC 7.25% 10/31/29 (b)	13,000	13,155
Windsor Holdings III, LLC 8.5% 6/15/30 (b)	5,960	6,272
		143,319
Containers - 0.5%
Crown Cork & Seal, Inc.:
7.375% 12/15/26	4,845	5,031
7.5% 12/15/96	12,871	13,515
Graham Packaging Co., Inc. 7.125% 8/15/28 (b)	6,000	5,837
Graphic Packaging International, Inc. 3.75% 2/1/30 (b)	7,880	7,206
Intelligent Packaging Ltd. Finco, Inc. 6% 9/15/28 (b)	4,230	4,170
Mauser Packaging Solutions Holding Co. 7.875% 4/15/27 (b)	11,865	12,191
Sealed Air Corp./Sealed Air Corp. U.S. 6.125% 2/1/28 (b)	5,935	5,998
Trident TPI Holdings, Inc. 12.75% 12/31/28 (b)	5,870	6,441
		60,389
Diversified Financial Services - 1.9%
Broadstreet Partners, Inc. 5.875% 4/15/29 (b)	15,505	14,766
Coinbase Global, Inc.:
3.375% 10/1/28 (b)	29,675	26,377
3.625% 10/1/31 (b)	18,050	15,053
Compass Group Diversified Holdings LLC:
5% 1/15/32 (b)	6,090	5,592
5.25% 4/15/29 (b)	17,730	17,047
Fortress Transportation & Infrastructure Investors LLC 7.875% 12/1/30 (b)	9,065	9,550
Hightower Holding LLC 6.75% 4/15/29 (b)	5,945	5,853
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
4.375% 2/1/29	11,165	9,314
5.25% 5/15/27	38,210	35,597
6.25% 5/15/26	24,085	23,673
MSCI, Inc. 4% 11/15/29 (b)	3,245	3,075
OneMain Finance Corp.:
4% 9/15/30	5,610	4,938
5.375% 11/15/29	9,400	9,009
6.625% 1/15/28	7,305	7,420
7.125% 3/15/26	50,145	51,373
7.875% 3/15/30	6,055	6,304
Williams Scotsman, Inc. 7.375% 10/1/31 (b)	5,990	6,206
		251,147
Energy - 7.4%
Antero Midstream Partners LP/Antero Midstream Finance Corp.:
5.375% 6/15/29 (b)	9,060	8,824
5.75% 1/15/28 (b)	17,645	17,549
Atlantica Sustainable Infrastructure PLC 4.125% 6/15/28 (b)	7,820	7,457
Borr IHC Ltd. / Borr Finance Ltd.:
10% 11/15/28 (b)	8,685	8,848
10.375% 11/15/30 (b)	2,932	2,998
California Resources Corp. 8.25% 6/15/29 (b)	6,045	6,105
Citgo Petroleum Corp.:
6.375% 6/15/26 (b)	8,760	8,761
7% 6/15/25 (b)	22,045	22,052
8.375% 1/15/29 (b)	26,350	27,410
Civitas Resources, Inc. 8.625% 11/1/30 (b)	12,020	12,628
CNX Midstream Partners LP 4.75% 4/15/30 (b)	6,435	5,990
CNX Resources Corp.:
6% 1/15/29 (b)	5,345	5,300
7.375% 1/15/31 (b)	5,930	6,096
Comstock Resources, Inc.:
5.875% 1/15/30 (b)	32,085	29,315
6.75% 3/1/29 (b)	20,060	19,211
CPI CG, Inc. 10% 7/15/29 (b)	6,060	6,348
CQP Holdco LP / BIP-V Chinook Holdco LLC:
5.5% 6/15/31 (b)	27,225	25,907
7.5% 12/15/33 (b)	16,090	17,024
CrownRock LP/CrownRock Finance, Inc. 5% 5/1/29 (b)	5,055	5,112
CVR Energy, Inc.:
5.75% 2/15/28 (b)	22,655	20,659
8.5% 1/15/29 (b)	42,375	41,091
Delek Logistics Partners LP/Delek Logistics Finance Corp. 7.125% 6/1/28 (b)	17,655	17,490
Diamond Foreign Asset Co. / Diamond Finance, LLC 8.5% 10/1/30 (b)	5,990	6,185
DT Midstream, Inc.:
4.125% 6/15/29 (b)	9,070	8,517
4.375% 6/15/31 (b)	9,070	8,344
Energy Transfer LP:
5.5% 6/1/27	16,735	16,992
5.625% 5/1/27 (b)	18,015	18,020
5.75% 4/1/25	4,790	4,783
6% 2/1/29 (b)	25,785	26,186
7.375% 2/1/31 (b)	5,000	5,262
EnLink Midstream LLC 6.5% 9/1/30 (b)	17,745	18,689
Expand Energy Corp.:
5.375% 3/15/30	12,145	11,943
5.7% 1/23/25 (d)	244	244
5.875% 2/1/29 (b)	5,840	5,833
6.75% 4/15/29 (b)	8,995	9,093
7% (c)(e)	6,915	0
8% (c)(e)	2,132	0
8% (c)(e)	3,385	0
Global Partners LP/GLP Finance Corp. 8.25% 1/15/32 (b)	7,505	7,659
Gran Tierra Energy, Inc. 9.5% 10/15/29 (b)	7,555	6,951
Hess Midstream Operations LP:
4.25% 2/15/30 (b)	9,875	9,221
5.125% 6/15/28 (b)	11,235	10,994
5.5% 10/15/30 (b)	6,060	5,921
5.625% 2/15/26 (b)	15,535	15,498
HF Sinclair Corp.:
5% 2/1/28	7,615	7,539
6.375% 4/15/27	6,050	6,126
Hilcorp Energy I LP/Hilcorp Finance Co. 6.25% 11/1/28 (b)	12,280	11,981
Howard Midstream Energy Partners LLC 8.875% 7/15/28 (b)	14,895	15,715
Kinetik Holdings LP 5.875% 6/15/30 (b)	9,060	8,990
Mesquite Energy, Inc. 7.25% (b)(c)(e)	21,977	0
Moss Creek Resources Holdings, Inc. 8.25% 9/1/31 (b)	6,030	5,908
Nabors Industries Ltd. 7.5% 1/15/28 (b)	9,715	9,242
Nabors Industries, Inc. 9.125% 1/31/30 (b)	12,085	12,480
Noble Finance II LLC 8% 4/15/30 (b)	5,935	6,016
Northern Oil & Gas, Inc.:
8.125% 3/1/28 (b)	6,005	6,063
8.75% 6/15/31 (b)	11,950	12,364
NuStar Logistics LP 6% 6/1/26	12,025	12,034
Occidental Petroleum Corp. 7.2% 3/15/29	3,964	4,263
PBF Holding Co. LLC/PBF Finance Corp.:
6% 2/15/28	27,530	26,720
7.875% 9/15/30 (b)	18,055	18,024
Permian Resources Operating LLC 5.875% 7/1/29 (b)	8,645	8,515
Seadrill Finance Ltd. 8.375% 8/1/30 (b)	11,920	12,173
Sitio Royalties OP / Sitio Finance Corp. 7.875% 11/1/28 (b)	15,045	15,618
SM Energy Co.:
6.625% 1/15/27	21,320	21,316
6.75% 9/15/26	4,550	4,560
Southern Natural Gas Co. LLC:
7.35% 2/15/31	23,497	26,059
8% 3/1/32	12,475	14,384
Suburban Propane Partners LP/Suburban Energy Finance Corp. 5% 6/1/31 (b)	12,070	11,070
Sunnova Energy Corp.:
5.875% 9/1/26 (b)	3,020	2,699
11.75% 10/1/28 (b)	18,140	14,749
Sunoco LP/Sunoco Finance Corp.:
4.5% 5/15/29	10,170	9,670
4.5% 4/30/30	12,185	11,435
7% 9/15/28 (b)	5,990	6,156
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.:
5.5% 1/15/28 (b)	595	571
6% 3/1/27 (b)	5,935	5,890
6% 9/1/31 (b)	11,485	10,654
Talos Production, Inc.:
9% 2/1/29 (b)	5,340	5,500
9.375% 2/1/31 (b)	6,055	6,234
Targa Resources Partners LP/Targa Resources Partners Finance Corp. 4.875% 2/1/31	10,360	10,053
Teine Energy Ltd. 6.875% 4/15/29 (b)	8,990	8,842
Transocean Titan Finance Ltd. 8.375% 2/1/28 (b)	12,289	12,644
Transocean, Inc.:
8% 2/1/27 (b)	7,668	7,646
8.25% 5/15/29 (b)	4,565	4,590
8.5% 5/15/31 (b)	4,565	4,600
8.75% 2/15/30 (b)	20,090	20,816
Unit Corp. 0% 12/1/29 (c)	2,202	0
Valaris Ltd. 8.375% 4/30/30 (b)	5,985	6,072
Venture Global Calcasieu Pass LLC:
3.875% 8/15/29 (b)	7,585	6,994
4.125% 8/15/31 (b)	7,585	6,913
6.25% 1/15/30 (b)	23,810	24,338
Viridien 8.75% 4/1/27 (b)	11,985	11,586
		994,322
Environmental - 0.8%
Clean Harbors, Inc. 6.375% 2/1/31 (b)	4,960	4,997
Darling Ingredients, Inc. 6% 6/15/30 (b)	13,885	13,790
GFL Environmental, Inc.:
4% 8/1/28 (b)	9,105	8,611
4.75% 6/15/29 (b)	12,095	11,580
6.75% 1/15/31 (b)	8,975	9,241
Madison IAQ LLC:
4.125% 6/30/28 (b)	11,390	10,810
5.875% 6/30/29 (b)	9,085	8,617
Reworld Holding Corp.:
4.875% 12/1/29 (b)	26,475	24,727
5% 9/1/30	13,761	12,646
		105,019
Food & Drug Retail - 1.1%
Albertsons Companies LLC/Safeway, Inc./New Albertson's, Inc./Albertson's LLC:
3.5% 3/15/29 (b)	36,160	33,409
4.625% 1/15/27 (b)	25,300	24,822
4.875% 2/15/30 (b)	44,700	43,538
Murphy Oil U.S.A., Inc.:
3.75% 2/15/31 (b)	5,300	4,710
4.75% 9/15/29	6,860	6,556
5.625% 5/1/27	6,030	6,045
Parkland Corp.:
4.5% 10/1/29 (b)	8,995	8,356
4.625% 5/1/30 (b)	12,175	11,190
6.625% 8/15/32 (b)	6,030	6,017
		144,643
Food/Beverage/Tobacco - 1.7%
BellRing Brands, Inc. 7% 3/15/30 (b)	14,740	15,340
C&S Group Enterprises LLC 5% 12/15/28 (b)	8,615	7,131
Chobani LLC/Finance Corp., Inc. 4.625% 11/15/28 (b)	6,285	6,035
Fiesta Purchaser, Inc.:
7.875% 3/1/31 (b)	11,455	12,013
9.625% 9/15/32 (b)	7,330	7,662
KeHE Distributor / Nextwave 9% 2/15/29 (b)	33,960	35,164
Lamb Weston Holdings, Inc.:
4.125% 1/31/30 (b)	12,150	11,281
4.375% 1/31/32 (b)	6,075	5,565
Performance Food Group, Inc.:
4.25% 8/1/29 (b)	8,495	7,951
5.5% 10/15/27 (b)	8,855	8,780
Post Holdings, Inc.:
4.5% 9/15/31 (b)	47,500	43,243
4.625% 4/15/30 (b)	15,630	14,608
5.5% 12/15/29 (b)	21,040	20,521
Simmons Foods, Inc. 4.625% 3/1/29 (b)	8,340	7,726
Triton Water Holdings, Inc. 6.25% 4/1/29 (b)	6,360	6,282
U.S. Foods, Inc.:
4.625% 6/1/30 (b)	7,520	7,135
7.25% 1/15/32 (b)	5,990	6,224
		222,661
Gaming - 1.5%
Boyd Gaming Corp. 4.75% 6/15/31 (b)	15,120	14,111
Churchill Downs, Inc.:
5.75% 4/1/30 (b)	14,970	14,737
6.75% 5/1/31 (b)	11,880	12,095
Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.:
4.625% 1/15/29 (b)	25,865	24,147
6.75% 1/15/30 (b)	34,295	31,191
Jacobs Entertainment, Inc. 6.75% 2/15/29 (b)	8,585	8,450
Light & Wonder International, Inc. 7.5% 9/1/31 (b)	5,990	6,188
MGM Resorts International 4.75% 10/15/28	11,125	10,754
Ontario Gaming GTA LP / OTG Co. issuer, Inc. 8% 8/1/30 (b)	12,285	12,627
Premier Entertainment Sub LLC:
5.625% 9/1/29 (b)	13,730	9,714
5.875% 9/1/31 (b)	2,100	1,355
Station Casinos LLC 4.625% 12/1/31 (b)	9,135	8,301
Studio City Finance Ltd. 5% 1/15/29 (b)	5,700	5,137
VICI Properties LP / VICI Note Co.:
3.875% 2/15/29 (b)	11,195	10,534
4.25% 12/1/26 (b)	21,450	21,041
4.625% 12/1/29 (b)	12,240	11,757
		202,139
Healthcare - 3.8%
180 Medical, Inc. 3.875% 10/15/29 (b)	6,495	6,041
Avantor Funding, Inc. 3.875% 11/1/29 (b)	6,075	5,603
Bausch + Lomb Corp. 8.375% 10/1/28 (b)	11,980	12,569
Bausch Health Companies, Inc.:
4.875% 6/1/28 (b)	17,445	13,480
5.75% 8/15/27 (b)	18,030	14,881
6.125% 2/1/27 (b)	31,505	28,438
11% 9/30/28 (b)	5,140	4,730
Charles River Laboratories International, Inc.:
3.75% 3/15/29 (b)	10,515	9,639
4% 3/15/31 (b)	12,085	10,801
4.25% 5/1/28 (b)	3,400	3,232
CHS/Community Health Systems, Inc.:
4.75% 2/15/31 (b)	21,790	18,172
5.25% 5/15/30 (b)	18,245	15,923
6% 1/15/29 (b)	8,490	7,995
6.125% 4/1/30 (b)	21,795	17,065
10.875% 1/15/32 (b)	19,370	20,759
DaVita, Inc.:
3.75% 2/15/31 (b)	4,180	3,635
4.625% 6/1/30 (b)	31,515	29,013
Grifols SA 4.75% 10/15/28 (b)	6,075	5,598
HAH Group Holding Co. LLC 9.75% 10/1/31 (b)	9,035	9,206
HealthEquity, Inc. 4.5% 10/1/29 (b)	6,410	6,109
IQVIA, Inc. 5% 5/15/27 (b)	12,070	11,915
Jazz Securities DAC 4.375% 1/15/29 (b)	12,305	11,644
Molina Healthcare, Inc.:
3.875% 11/15/30 (b)	10,465	9,476
3.875% 5/15/32 (b)	12,160	10,780
4.375% 6/15/28 (b)	7,525	7,220
Organon & Co. / Organon Foreign Debt Co-Issuer BV:
4.125% 4/30/28 (b)	21,010	19,907
5.125% 4/30/31 (b)	18,260	16,653
Owens & Minor, Inc. 4.5% 3/31/29 (b)	8,310	7,478
Tenet Healthcare Corp.:
4.25% 6/1/29	17,640	16,688
4.375% 1/15/30	43,755	41,022
5.125% 11/1/27	18,070	17,917
6.125% 6/15/30	30,025	30,166
6.25% 2/1/27	35,815	35,843
6.75% 5/15/31	6,005	6,139
Teva Pharmaceutical Finance Netherlands III BV:
4.75% 5/9/27	6,085	5,918
5.125% 5/9/29	6,085	5,909
7.875% 9/15/29	5,935	6,404
		503,968
Homebuilders/Real Estate - 1.7%
Arcosa, Inc. 4.375% 4/15/29 (b)	8,410	7,936
Ashton Woods U.S.A. LLC/Ashton Woods Finance Co. 4.625% 4/1/30 (b)	8,940	8,233
Brookfield Residential Properties, Inc./Brookfield Residential U.S. Corp. 4.875% 2/15/30 (b)	7,775	7,231
Century Communities, Inc. 3.875% 8/15/29 (b)	9,110	8,286
Greystar Real Estate Partners 7.75% 9/1/30 (b)	5,305	5,558
Jones DesLauriers Insurance Management, Inc. 10.5% 12/15/30 (b)	3,840	4,137
LGI Homes, Inc. 8.75% 12/15/28 (b)	6,060	6,384
MPT Operating Partnership LP/MPT Finance Corp.:
3.5% 3/15/31	11,190	7,924
4.625% 8/1/29	18,080	14,061
5% 10/15/27	38,043	33,574
Panther Escrow Issuer LLC 7.125% 6/1/31 (b)	21,230	21,737
Shea Homes Ltd. Partnership/Corp. 4.75% 4/1/29	8,020	7,606
Taylor Morrison Communities, Inc./Monarch Communities, Inc.:
5.125% 8/1/30 (b)	10,725	10,373
5.875% 6/15/27 (b)	9,260	9,298
TopBuild Corp. 3.625% 3/15/29 (b)	5,910	5,418
TRI Pointe Homes, Inc. 5.7% 6/15/28	14,380	14,289
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC:
4.75% 4/15/28 (b)	31,410	28,873
6.5% 2/15/29 (b)	14,000	12,053
10.5% 2/15/28 (b)	4,785	5,097
Weekley Homes LLC/Weekley Finance Corp. 4.875% 9/15/28 (b)	5,045	4,821
		222,889
Hotels - 0.5%
Carnival Holdings (Bermuda) Ltd. 10.375% 5/1/28 (b)	17,635	18,931
Hilton Domestic Operating Co., Inc.:
3.75% 5/1/29 (b)	5,595	5,206
4% 5/1/31 (b)	8,395	7,647
4.875% 1/15/30	6,900	6,686
5.875% 4/1/29 (b)	8,555	8,682
6.125% 4/1/32 (b)	11,955	12,074
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. 4.875% 4/1/27	8,435	8,372
		67,598
Insurance - 2.1%
Acrisure LLC / Acrisure Finance, Inc.:
6% 8/1/29 (b)	9,105	8,616
7.5% 11/6/30 (b)	6,065	6,167
8.25% 2/1/29 (b)	28,450	28,913
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer:
4.25% 10/15/27 (b)	11,125	10,551
5.875% 11/1/29 (b)	9,115	8,609
6.75% 10/15/27 (b)	49,965	49,778
6.75% 4/15/28 (b)	35,177	35,343
7% 1/15/31 (b)	10,385	10,455
AmWINS Group, Inc. 4.875% 6/30/29 (b)	8,805	8,287
AssuredPartners, Inc.:
5.625% 1/15/29 (b)	8,355	7,906
7.5% 2/15/32 (b)	6,065	6,108
HUB International Ltd.:
5.625% 12/1/29 (b)	36,135	34,992
7.25% 6/15/30 (b)	38,895	40,195
7.375% 1/31/32 (b)	15,140	15,444
MGIC Investment Corp. 5.25% 8/15/28	7,710	7,595
USI, Inc. 7.5% 1/15/32 (b)	8,005	8,167
		287,126
Leisure - 1.2%
Boyne U.S.A., Inc. 4.75% 5/15/29 (b)	6,360	6,065
Carnival Corp.:
4% 8/1/28 (b)	56,090	53,467
7% 8/15/29 (b)	6,075	6,353
7.625% 3/1/26 (b)	19,665	19,803
Merlin Entertainments PLC 5.75% 6/15/26 (b)	7,725	7,617
NCL Corp. Ltd. 5.875% 2/15/27 (b)	12,100	12,087
Royal Caribbean Cruises Ltd.:
5.375% 7/15/27 (b)	9,125	9,108
6.25% 3/15/32 (b)	12,110	12,346
SeaWorld Parks & Entertainment, Inc. 5.25% 8/15/29 (b)	12,145	11,664
Viking Ocean Cruises Ship VII Ltd. 5.625% 2/15/29 (b)	4,965	4,896
Voc Escrow Ltd. 5% 2/15/28 (b)	19,690	19,141
		162,547
Metals/Mining - 1.4%
Alcoa Nederland Holding BV:
4.125% 3/31/29 (b)	15,485	14,562
6.125% 5/15/28 (b)	3,565	3,571
7.125% 3/15/31 (b)	4,970	5,182
Arsenal AIC Parent LLC 8% 10/1/30 (b)	7,040	7,400
Cleveland-Cliffs, Inc.:
4.625% 3/1/29 (b)	23,720	22,223
4.875% 3/1/31 (b)	11,440	10,556
6.75% 4/15/30 (b)	3,000	2,997
Eldorado Gold Corp. 6.25% 9/1/29 (b)	13,719	13,529
ERO Copper Corp. 6.5% 2/15/30 (b)	9,085	8,926
First Quantum Minerals Ltd.:
8.625% 6/1/31 (b)	21,965	22,130
9.375% 3/1/29 (b)	14,250	15,150
FMG Resources August 2006 Pty Ltd.:
4.375% 4/1/31 (b)	8,990	8,184
4.5% 9/15/27 (b)	9,015	8,776
HudBay Minerals, Inc. 4.5% 4/1/26 (b)	7,020	6,932
Mineral Resources Ltd.:
8% 11/1/27 (b)	6,040	6,193
8.125% 5/1/27 (b)	18,015	18,143
8.5% 5/1/30 (b)	4,475	4,603
9.25% 10/1/28 (b)	10,605	11,165
Murray Energy Corp.:
11.25% (b)(c)(e)	8,915	0
12% pay-in-kind (b)(c)(e)(f)	10,343	0
		190,222
Paper - 0.7%
Ardagh Metal Packaging Finance U.S.A. LLC/Ardagh Metal Packaging Finance PLC:
3.25% 9/1/28 (b)	5,915	5,330
4% 9/1/29 (b)	11,830	10,377
6% 6/15/27 (b)	6,045	6,028
Cascades, Inc.:
5.125% 1/15/26 (b)	5,600	5,570
5.375% 1/15/28 (b)	5,600	5,509
Clydesdale Acquisition Holdings, Inc.:
6.625% 4/15/29 (b)	7,185	7,219
8.75% 4/15/30 (b)	44,650	45,342
Mercer International, Inc. 5.125% 2/1/29	15,060	12,998
		98,373
Restaurants - 0.6%
1011778 BC Unlimited Liability Co./New Red Finance, Inc.:
3.875% 1/15/28 (b)	12,115	11,547
4% 10/15/30 (b)	39,005	35,227
4.375% 1/15/28 (b)	10,600	10,195
Bloomin Brands, Inc. / OSI Restaurant Partners LLC 5.125% 4/15/29 (b)	5,565	5,160
Garden SpinCo Corp. 8.625% 7/20/30 (b)	5,205	5,633
Papa John's International, Inc. 3.875% 9/15/29 (b)	5,560	5,071
Yum! Brands, Inc. 4.625% 1/31/32	11,975	11,227
		84,060
Services - 3.5%
Adtalem Global Education, Inc. 5.5% 3/1/28 (b)	9,010	8,820
AECOM 5.125% 3/15/27	11,885	11,821
Artera Services LLC 8.5% 2/15/31 (b)	25,315	25,088
Atlas Luxco 4 SARL / Allied Universal Holdco LLC / Allied Universal Finance Corp. 4.625% 6/1/28 (b)	7,690	7,200
Brand Industrial Services, Inc. 10.375% 8/1/30 (b)	44,695	47,383
Camelot Finance SA 4.5% 11/1/26 (b)	10,590	10,403
CoreCivic, Inc. 8.25% 4/15/29	34,400	36,125
Fair Isaac Corp. 4% 6/15/28 (b)	2,910	2,763
H&E Equipment Services, Inc. 3.875% 12/15/28 (b)	16,800	15,512
Hertz Corp.:
4.625% 12/1/26 (b)	6,240	4,714
5% 12/1/29 (b)	7,615	4,862
5.5% (b)(c)(e)	10,890	599
6% (b)(c)(e)	10,285	1,748
6.25% (c)(e)	11,875	683
7.125% (b)(c)(e)	10,285	1,903
12.625% 7/15/29 (b)	2,915	3,091
Iron Mountain, Inc.:
4.5% 2/15/31 (b)	22,025	20,451
4.875% 9/15/29 (b)	24,110	23,219
Neptune BidCo U.S., Inc. 9.29% 4/15/29 (b)	47,450	44,129
OpenLane, Inc. 5.125% 6/1/25 (b)	10,355	10,294
Service Corp. International 4% 5/15/31	12,070	10,885
The Brink's Co. 4.625% 10/15/27 (b)	12,180	11,857
The GEO Group, Inc.:
8.625% 4/15/29	21,310	22,290
10.25% 4/15/31	15,225	16,318
TriNet Group, Inc. 3.5% 3/1/29 (b)	8,865	8,061
Uber Technologies, Inc.:
4.5% 8/15/29 (b)	27,335	26,532
6.25% 1/15/28 (b)	9,175	9,265
7.5% 9/15/27 (b)	19,197	19,554
8% 11/1/26 (b)	51,060	51,060
WASH Multifamily Acquisition, Inc. 5.75% 4/15/26 (b)	9,760	9,736
		466,366
Steel - 0.2%
Algoma Steel SCA 0% 12/31/24 (c)	1,982	0
ATI, Inc. 7.25% 8/15/30	5,985	6,202
Commercial Metals Co. 3.875% 2/15/31	6,135	5,508
Roller Bearing Co. of America, Inc. 4.375% 10/15/29 (b)	4,375	4,111
Vallourec SA 7.5% 4/15/32 (b)	12,405	12,993
		28,814
Super Retail - 1.4%
Asbury Automotive Group, Inc.:
4.5% 3/1/28	3,534	3,411
4.625% 11/15/29 (b)	10,005	9,368
4.75% 3/1/30	3,523	3,315
5% 2/15/32 (b)	10,800	9,949
Bath & Body Works, Inc.:
6.625% 10/1/30 (b)	23,165	23,195
6.75% 7/1/36	12,766	12,835
7.5% 6/15/29	8,335	8,582
EG Global Finance PLC 12% 11/30/28 (b)	93,735	104,224
LBM Acquisition LLC 6.25% 1/15/29 (b)	17,805	16,421
		191,300
Technology - 3.3%
Acuris Finance U.S. 5% 5/1/28 (b)	9,045	8,163
Block, Inc. 3.5% 6/1/31	12,070	10,699
CA Magnum Holdings 5.375% 10/31/26 (b)	4,870	4,779
Clarivate Science Holdings Corp.:
3.875% 7/1/28 (b)	10,695	10,094
4.875% 7/1/29 (b)	10,115	9,559
Cloud Software Group, Inc. 6.5% 3/31/29 (b)	101,715	99,331
Coherent Corp. 5% 12/15/29 (b)	9,495	9,109
Crowdstrike Holdings, Inc. 3% 2/15/29	8,870	8,066
Elastic NV 4.125% 7/15/29 (b)	24,245	22,436
Gen Digital, Inc. 5% 4/15/25 (b)	10,050	10,022
Go Daddy Operating Co. LLC / GD Finance Co., Inc.:
3.5% 3/1/29 (b)	11,810	10,899
5.25% 12/1/27 (b)	9,345	9,236
ION Trading Technologies Ltd.:
5.75% 5/15/28 (b)	12,040	10,915
9.5% 5/30/29 (b)	9,105	9,250
Iron Mountain Information Management Services, Inc. 5% 7/15/32 (b)	9,100	8,577
Lightning Power LLC 7.25% 8/15/32 (b)	11,955	12,437
NCR Atleos Corp. 9.5% 4/1/29 (b)	8,995	9,900
NCR Voyix Corp.:
5% 10/1/28 (b)	5,530	5,320
5.125% 4/15/29 (b)	2,583	2,469
ON Semiconductor Corp. 3.875% 9/1/28 (b)	11,065	10,376
Open Text Corp. 6.9% 12/1/27 (b)	10,610	11,031
Open Text Holdings, Inc.:
4.125% 2/15/30 (b)	5,690	5,224
4.125% 12/1/31 (b)	5,485	4,926
PTC, Inc.:
3.625% 2/15/25 (b)	6,650	6,611
4% 2/15/28 (b)	6,575	6,290
Roblox Corp. 3.875% 5/1/30 (b)	9,120	8,254
Seagate HDD Cayman:
8.25% 12/15/29	19,590	21,075
8.5% 7/15/31	12,720	13,714
Sensata Technologies BV 4% 4/15/29 (b)	11,970	11,193
Synaptics, Inc. 4% 6/15/29 (b)	7,015	6,435
TTM Technologies, Inc. 4% 3/1/29 (b)	8,870	8,293
Twilio, Inc.:
3.625% 3/15/29	9,995	9,204
3.875% 3/15/31	10,460	9,438
UKG, Inc. 6.875% 2/1/31 (b)	9,090	9,313
Unisys Corp. 6.875% 11/1/27 (b)	6,095	5,958
Wolfspeed, Inc. 4.2917% 6/23/30 pay-in-kind (b)(c)(f)(g)	23,590	22,646
		441,242
Telecommunications - 2.1%
Altice Financing SA:
5% 1/15/28 (b)	14,560	12,313
5.75% 8/15/29 (b)	25,600	20,995
Altice France SA:
5.125% 1/15/29 (b)	2,945	2,206
5.125% 7/15/29 (b)	76,070	56,897
5.5% 1/15/28 (b)	4,740	3,678
5.5% 10/15/29 (b)	109,185	81,751
C&W Senior Finance Ltd. 6.875% 9/15/27 (b)	22,290	22,069
Frontier Communications Holdings LLC:
5% 5/1/28 (b)	19,575	19,243
5.875% 10/15/27 (b)	10,375	10,353
Millicom International Cellular SA 4.5% 4/27/31 (b)	1,725	1,548
Qwest Corp. 7.25% 9/15/25	1,480	1,475
SBA Communications Corp.:
3.125% 2/1/29	13,305	12,108
3.875% 2/15/27	17,015	16,468
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC 6% 1/15/30 (b)	7,365	6,170
VMED O2 UK Financing I PLC 4.75% 7/15/31 (b)	21,200	18,360
		285,634
Textiles/Apparel - 0.1%
Crocs, Inc.:
4.125% 8/15/31 (b)	6,075	5,322
4.25% 3/15/29 (b)	8,675	7,957
Kontoor Brands, Inc. 4.125% 11/15/29 (b)	5,320	4,958
		18,237
Transportation Ex Air/Rail - 0.2%
Seaspan Corp. 5.5% 8/1/29 (b)	9,095	8,651
XPO, Inc.:
6.25% 6/1/28 (b)	5,950	6,040
7.125% 2/1/32 (b)	9,085	9,438
		24,129
Utilities - 2.0%
Clearway Energy Operating LLC:
3.75% 2/15/31 (b)	13,295	11,868
3.75% 1/15/32 (b)	6,075	5,383
4.75% 3/15/28 (b)	6,920	6,712
NextEra Energy Partners LP 7.25% 1/15/29 (b)	6,060	6,233
NRG Energy, Inc.:
3.375% 2/15/29 (b)	5,145	4,691
3.625% 2/15/31 (b)	10,215	9,044
3.875% 2/15/32 (b)	1,254	1,114
5.75% 1/15/28	9,000	9,005
6% 2/1/33 (b)	4,240	4,217
6.25% 11/1/34 (b)	5,090	5,085
Pacific Gas & Electric Co.:
3.45% 7/1/25	2,868	2,838
3.75% 7/1/28	2,868	2,754
3.95% 12/1/47	10,826	8,142
4% 12/1/46	13,774	10,501
4.3% 3/15/45	5,995	4,851
PG&E Corp.:
5% 7/1/28	22,000	21,458
5.25% 7/1/30	8,330	8,118
Pike Corp.:
5.5% 9/1/28 (b)	37,175	36,426
8.625% 1/31/31 (b)	15,130	16,075
Vistra Operations Co. LLC:
4.375% 5/1/29 (b)	23,230	22,113
5% 7/31/27 (b)	22,585	22,288
5.5% 9/1/26 (b)	3,485	3,474
5.625% 2/15/27 (b)	28,195	28,122
7.75% 10/15/31 (b)	11,985	12,661
		263,173
TOTAL NONCONVERTIBLE BONDS		6,754,390
TOTAL CORPORATE BONDS (Cost $7,041,936)		6,907,959

Asset-Backed Securities - 0.2%
	Principal Amount (a) (000s)	Value ($) (000s)
Agl Clo 5 Ltd. Series 2024-5A Class ERR, CME Term SOFR 3 Month Index + 6.350% 10.9674% 7/20/34 (b)(f)(h)	746	747
Ares Loan Funding Vii Ltd. Series 2024-ALF7 Class E, CME Term SOFR 3 Month Index + 6.250% 10.7901% 10/22/37 (b)(f)(h)	1,152	1,171
Birch Grove Clo 5 LLC Series 2024-5A Class ER, CME Term SOFR 3 Month Index + 6.750% 11.5989% 10/20/37 (b)(f)(h)	903	916
Carlyle U.S. Clo 2024-6 Ltd. Series 2024-6A Class E, CME Term SOFR 3 Month Index + 5.750% 0% 10/25/37 (b)(f)(h)(i)	1,082	1,082
Carval Clo Xi-C Ltd. Series 2024-3A Class E, CME Term SOFR 3 Month Index + 6.350% 10.9214% 10/20/37 (b)(f)(h)	412	415
Croton Pk Clo Ltd. CME Term SOFR 3 Month Index + 5.550% 10.1997% 10/15/36 (b)(f)(h)	5,156	5,211
Golub Capital Partners Clo 76 B Lt Series 2024-76A Class E, CME Term SOFR 3 Month Index + 5.750% 10.4919% 10/25/37 (b)(f)(h)	1,000	1,006
Magnetite Xxix Ltd. Series 2024-29A Class ER, CME Term SOFR 3 Month Index + 6.000% 11.2417% 7/15/37 (b)(f)(h)	914	926
Midocean Credit Clo Xvi Series 2024-16A Class E, CME Term SOFR 3 Month Index + 6.250% 6.25% 10/20/37 (b)(f)(h)(i)	1,070	1,070
Ocp Clo 2017-14 Ltd. Series 2024-14A Class ER, CME Term SOFR 3 Month Index + 6.550% 11.2908% 7/20/37 (b)(f)(h)	1,291	1,308
Orchard Park Clo Ltd. Series 2024-1A Class E, CME Term SOFR 3 Month Index + 5.600% 10.2529% 10/20/37 (b)(f)(h)	2,024	2,049
Palmer Square Ln Funding 2024-2 Lt Series 2024-2A Class D, CME Term SOFR 3 Month Index + 4.700% 6.2% 1/15/33 (b)(f)(h)(i)	2,485	2,485
Rr 31 Ltd. Series 2024-31A Class D, CME Term SOFR 3 Month Index + 6.000% 10.5928% 10/15/39 (b)(f)(h)	1,250	1,252
TOTAL ASSET-BACKED SECURITIES (Cost $19,485)		19,638

Common Stocks - 20.7%
	Shares	Value ($) (000s)
Aerospace - 0.1%
TransDigm Group, Inc.	13,200	17,190
Air Transportation - 0.1%
Delta Air Lines, Inc.	146,750	8,397
Automotive & Auto Parts - 0.5%
Allison Transmission Holdings, Inc.	151,500	16,189
BYD Co. Ltd. (H Shares)	1,412,500	51,018
UC Holdings, Inc. (c)(j)	677,217	237
TOTAL AUTOMOTIVE & AUTO PARTS		67,444
Banks & Thrifts - 0.2%
Blue Owl Capital, Inc. Class A	1,137,300	25,430
Broadcasting - 0.0%
iHeartMedia, Inc. (j)	104	0
Building Materials - 1.3%
Builders FirstSource, Inc. (j)	90,400	15,495
Carlisle Companies, Inc.	94,400	39,859
Eagle Materials, Inc.	142,000	40,535
EMCOR Group, Inc.	94,800	42,287
Fortune Brands Innovations, Inc.	319,300	26,607
Martin Marietta Materials, Inc.	23,300	13,802
TOTAL BUILDING MATERIALS		178,585
Capital Goods - 0.5%
Deere & Co.	14,600	5,908
Parker Hannifin Corp.	58,900	37,347
Trane Technologies PLC	75,800	28,058
TOTAL CAPITAL GOODS		71,313
Chemicals - 0.2%
The Chemours Co. LLC	857,210	15,567
Westlake Corp.	34,577	4,562
TOTAL CHEMICALS		20,129
Consumer Products - 0.1%
elf Beauty, Inc. (j)	104,900	11,041
Containers - 0.2%
Graphic Packaging Holding Co.	746,300	21,090
Diversified Financial Services - 1.6%
Apollo Global Management, Inc.	610,300	87,432
Ares Management Corp. Class A,	145,100	24,330
Carnelian Point Holdings LP warrants (c)(j)	931	3
Coinbase Global, Inc. Class A (j)	95,100	17,047
MasterCard, Inc. Class A	92,500	46,212
Moody's Corp.	33,900	15,392
OneMain Holdings, Inc.	569,200	28,272
PJT Partners, Inc. Class A	5,092	708
TOTAL DIVERSIFIED FINANCIAL SERVICES		219,396
Energy - 1.0%
California Resources Corp.	17,780	924
Canvas Energy, Inc. Series B warrants 10/1/25 (c)(j)	392	0
Cheniere Energy, Inc.	146,800	28,095
Energy Transfer LP	1,252,700	20,644
EP Energy Corp. (c)(j)	841,775	1,077
Forbes Energy Services Ltd. (c)(j)	193,218	0
Mesquite Energy, Inc. (c)(j)	317,026	26,773
Permian Resource Corp. Class A	1,353,800	18,452
PureWest Energy (c)(j)	17,812	4
South Bow Corp.	927,800	23,169
Superior Energy Services, Inc. Class A (c)	110,370	6,730
Unit Corp.	37,978	1,181
TOTAL ENERGY		127,049
Entertainment/Film - 0.0%
New Cotai LLC/New Cotai Capital Corp. (c)(j)(k)	3,366,626	2,087
Food & Drug Retail - 0.0%
Southeastern Grocers, Inc. rights (c)(j)	793,345	513
Food/Beverage/Tobacco - 0.3%
Celsius Holdings, Inc. (j)(l)	238,100	7,162
U.S. Foods Holding Corp. (j)	632,300	38,981
TOTAL FOOD/BEVERAGE/TOBACCO		46,143
Gaming - 0.3%
Boyd Gaming Corp.	453,873	31,449
Studio City International Holdings Ltd.:
ADR (b)(j)	631,958	3,977
(NYSE) ADR (j)	695,700	4,378
TOTAL GAMING		39,804
Healthcare - 0.2%
Cano Health, Inc. warrants (c)(j)	10,791	43
DaVita, Inc. (j)	86,600	12,108
Encompass Health Corp.	34	3
Enhabit Home Health & Hospice (j)	17	0
Tenet Healthcare Corp. (j)	105,498	16,354
TOTAL HEALTHCARE		28,508
Homebuilders/Real Estate - 1.5%
Arthur J. Gallagher & Co.	211,900	59,586
Comfort Systems U.S.A., Inc.	185,100	72,382
TopBuild Corp. (j)	131,500	46,469
Willscot Holdings Corp. (j)	610,100	20,219
TOTAL HOMEBUILDERS/REAL ESTATE		198,656
Leisure - 0.0%
Viking Holdings Ltd.	34,900	1,370
Metals/Mining - 0.0%
Elah Holdings, Inc. (j)	906	32
Restaurants - 0.1%
Domino's Pizza, Inc.	30,300	12,536
Services - 0.6%
Airbnb, Inc. Class A (j)	202,100	27,241
Penhall Acquisition Co. (c)	34,884	0
Visa, Inc. Class A	178,500	51,738
TOTAL SERVICES		78,979
Steel - 0.0%
Algoma Steel SCA (c)(j)	198,162	0
Super Retail - 1.0%
Amazon.com, Inc. (j)	256,900	47,886
Arena Brands Holding Corp. Class B (c)(j)(k)	659,302	11,116
Booking Holdings, Inc.	4,600	21,511
Dick's Sporting Goods, Inc.	140,400	27,483
Williams-Sonoma, Inc.	152,606	20,469
TOTAL SUPER RETAIL		128,465
Technology - 8.8%
Adobe, Inc. (j)	80,400	38,438
Alphabet, Inc. Class A	229,200	39,218
Arista Networks, Inc. (j)	96,000	37,098
ASML Holding NV (depository receipt)	21,300	14,325
Autodesk, Inc. (j)	75,700	21,484
Block, Inc. Class A (j)	377,300	27,286
Dell Technologies, Inc. Class C	148,200	18,322
Eaton Corp. PLC	162,300	53,815
Fiserv, Inc. (j)	164,300	32,515
Gen Digital, Inc.	606,400	17,652
Intuit, Inc.	30,300	18,492
KLA Corp.	42,500	28,315
Lam Research Corp.	579,000	43,049
Marvell Technology, Inc.	273,600	21,918
Meta Platforms, Inc. Class A	241,300	136,957
Micron Technology, Inc.	170,800	17,020
Microsoft Corp.	185,200	75,256
MKS Instruments, Inc.	155,900	15,486
Monday.com Ltd. (j)	142,300	41,818
Nextracker, Inc. Class A (j)	876,300	34,894
nVent Electric PLC	315,900	23,557
NVIDIA Corp.	1,349,000	179,093
NXP Semiconductors NV	43,500	10,201
ON Semiconductor Corp. (j)	700,403	49,371
Oracle Corp.	169,900	28,516
Pinterest, Inc. Class A (j)	966,900	30,738
Salesforce, Inc.	111,700	32,546
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR	229,000	43,634
Vertiv Holdings Co.	414,400	45,290
TOTAL TECHNOLOGY		1,176,304
Telecommunications - 0.3%
EchoStar Corp. Class A (j)	769,300	19,279
GTT Communications, Inc. (c)(j)	85,487	4,621
Palo Alto Networks, Inc. (j)	54,800	19,746
TOTAL TELECOMMUNICATIONS		43,646
Textiles/Apparel - 0.3%
Crocs, Inc. (j)	297,900	32,120
LVMH Moet Hennessy Louis Vuitton SE	11,800	7,856
TOTAL TEXTILES/APPAREL		39,976
Transportation Ex Air/Rail - 0.0%
Tricer Holdco SCA:
Class A1 (c)(j)(k)	598,287	0
Class A2 (c)(j)(k)	598,287	0
Class A3 (c)(j)(k)	598,287	0
Class A4 (c)(j)(k)	598,287	0
Class A5 (c)(j)(k)	598,287	0
Class A6 (c)(j)(k)	598,287	0
Class A7 (c)(j)(k)	598,287	0
Class A8 (c)(j)(k)	598,287	0
Class A9 (c)(j)(k)	598,287	0
TOTAL TRANSPORTATION EX AIR/RAIL		0
Utilities - 1.5%
Constellation Energy Corp.	254,300	66,871
Core & Main, Inc. Class A (j)	352,800	15,622
PG&E Corp.	2,097,796	42,417
Portland General Electric Co.	14,817	702
Vistra Corp.	636,300	79,512
TOTAL UTILITIES		205,124
TOTAL COMMON STOCKS (Cost $2,006,621)		2,769,207

Nonconvertible Preferred Stocks - 0.0%
	Shares	Value ($) (000s)
Transportation Ex Air/Rail - 0.0%
Tricer Holdco SCA (c)(j)(k) (Cost $10,250)	287,159,690	3

Bank Loan Obligations - 9.4%
	Principal Amount (a) (000s)	Value ($) (000s)
Aerospace - 0.1%
TransDigm, Inc. Tranche L 1LN, term loan CME Term SOFR 1 Month Index + 2.500% 7.3196% 1/20/32 (f)(h)(m)	10,250	10,253
Air Transportation - 0.0%
SkyMiles IP Ltd. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.750% 8.3674% 10/20/27 (f)(h)(m)	1,284	1,307
United Airlines, Inc. Tranche 1LN, term loan CME Term SOFR 3 Month Index + 2.750% 7.3848% 2/24/31 (f)(h)(m)	2,716	2,718
TOTAL AIR TRANSPORTATION		4,025
Automotive & Auto Parts - 0.1%
Belron Finance 2019 LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.5359% 10/1/31 (f)(h)(m)	4,685	4,701
Clarios Global LP Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.500% 7.1852% 5/6/30 (f)(h)(m)	2,638	2,639
Wand NewCo 3, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.9052% 1/30/31 (f)(h)(m)	2,224	2,224
TOTAL AUTOMOTIVE & AUTO PARTS		9,564
Banks & Thrifts - 0.1%
Citadel Securities LP Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.250% 7.0954% 7/29/30 (f)(h)(m)	9,504	9,502
Broadcasting - 0.1%
Diamond Sports Group LLC 1LN, term loan CME Term SOFR 1 Month Index + 8.000% 14.9441% 5/25/26 (f)(h)(m)	3,007	2,588
Univision Communications, Inc.:
1LN, term loan CME Term SOFR 3 Month Index + 4.250% 8.8537% 6/24/29 (f)(h)(m)	738	731
Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.0496% 1/31/29 (f)(h)(m)	7,313	7,191
TOTAL BROADCASTING		10,510
Building Materials - 0.2%
Hunter Douglas, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 8.5713% 2/25/29 (f)(h)(m)	22,243	22,136
MIWD Holdco II LLC Tranche B2, term loan CME Term SOFR 1 Month Index + 3.500% 7.6852% 3/28/31 (f)(h)(m)	783	785
TOTAL BUILDING MATERIALS		22,921
Chemicals - 0.5%
Consolidated Energy Finance SA Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.500% 9.5572% 11/15/30 (f)(h)(m)	12,064	11,349
Discovery Purchaser Corp. 1LN, term loan CME Term SOFR 3 Month Index + 4.370% 8.9647% 10/4/29 (f)(h)(m)	44,651	44,568
Olympus Water U.S. Holding Corp. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 8.1037% 6/23/31 (f)(h)(m)	3,342	3,345
W.R. Grace Holding LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.750% 7.8537% 9/22/28 (f)(h)(m)	14,606	14,624
TOTAL CHEMICALS		73,886
Consumer Products - 0.3%
Kronos Acquisition Holdings, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 8.584% 6/27/31 (f)(h)(m)	19,693	18,474
TKC Holdings, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 5.000% 9.7592% 5/15/28 (f)(h)(m)	26,709	26,587
TOTAL CONSUMER PRODUCTS		45,061
Containers - 0.0%
Kloeckner Pentaplast of America, Inc. Tranche B 1LN, term loan CME Term SOFR 6 Month Index + 4.750% 9.7229% 2/9/26 (f)(h)(m)	1,452	1,350
Diversified Financial Services - 0.2%
Focus Financial Partners LLC:
Tranche B8 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.9352% 9/17/31 (f)(h)(m)	21,749	21,759
Tranche DD 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 0% 9/10/31 (f)(g)(h)(m)	2,336	2,337
TOTAL DIVERSIFIED FINANCIAL SERVICES		24,096
Energy - 0.4%
EG America LLC Tranche BC 1LN, term loan CME Term SOFR 1 Month Index + 5.500% 10.4445% 2/7/28 (f)(h)(m)	46,885	46,897
Epic Crude Services LP Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.6559% 10/9/31 (f)(h)(m)	1,820	1,818
Forbes Energy Services LLC Tranche B, term loan 0% (c)(e)(f)(m)	1,810	0
Mesquite Energy, Inc.:
1LN, term loan 3 month U.S. LIBOR + 8.000% 0% (c)(e)(f)(h)(m)	5,861	0
term loan 0% (c)(e)(f)(m)	2,528	0
TOTAL ENERGY		48,715
Environmental - 0.0%
Madison IAQ LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8892% 6/21/28 (f)(h)(m)	2,932	2,928
Reworld Holding Corp.:
Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.500% 7.1929% 11/30/28 (f)(h)(m)	2,159	2,160
Tranche C 1LN, term loan CME Term SOFR 6 Month Index + 2.500% 7.5877% 11/30/28 (f)(h)(m)	166	166
TOTAL ENVIRONMENTAL		5,254
Food/Beverage/Tobacco - 0.0%
Fiesta Purchaser, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 8.6852% 2/12/31 (f)(h)(m)	2,145	2,149
Naked Juice LLC 1LN, term loan CME Term SOFR 3 Month Index + 3.250% 7.9537% 1/24/29 (f)(h)(m)	2,234	1,668
TOTAL FOOD/BEVERAGE/TOBACCO		3,817
Gaming - 0.3%
Fertitta Entertainment LLC NV Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.1852% 1/29/29 (f)(h)(m)	29,297	29,298
Ontario Gaming GTA LP Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.250% 8.8932% 8/1/30 (f)(h)(m)	5,960	5,957
TOTAL GAMING		35,255
Healthcare - 0.3%
Gainwell Acquisition Corp. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.7037% 10/1/27 (f)(h)(m)	17,228	16,522
Medline Borrower LP Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.4352% 10/23/28 (f)(h)(m)	22,804	22,819
Phoenix Newco, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.6852% 11/15/28 (f)(h)(m)	6,744	6,738
TOTAL HEALTHCARE		46,079
Insurance - 0.8%
Acrisure LLC:
Tranche B1 1LN, term loan CME Term SOFR 3 Month Index + 3.000% 7.7592% 2/16/27 (f)(h)(m)	16,408	16,364
Tranche B6 1LN, term loan CME Term SOFR 3 Month Index + 3.250% 8.0092% 11/6/30 (f)(h)(m)	11,760	11,731
Alliant Holdings Intermediate LLC Tranche B6 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.7592% 9/19/31 (f)(h)(m)	34,502	34,329
HUB International Ltd. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 2.750% 7.3674% 6/20/30 (f)(h)(m)	9,184	9,200
Truist Insurance Holdings LLC:
2L, term loan CME Term SOFR 3 Month Index + 4.750% 9.3537% 5/6/32 (f)(h)(m)	25,720	26,035
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.250% 7.8537% 5/6/31 (f)(h)(m)	4,905	4,908
TOTAL INSURANCE		102,567
Leisure - 0.4%
Carnival Corp. Tranche B 1LN, term loan:
CME Term SOFR 1 Month Index + 2.750% 7.4352% 8/9/27 (f)(h)(m)	18,998	19,034
CME Term SOFR 1 Month Index + 2.750% 7.4352% 10/18/28 (f)(h)(m)	28,776	28,812
United PF Holdings LLC 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.847% 12/30/26 (f)(h)(m)	9,035	8,679
TOTAL LEISURE		56,525
Metals/Mining - 0.0%
Arsenal AIC Parent LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.9352% 8/19/30 (f)(h)(m)	1,624	1,625
Paper - 0.5%
Clydesdale Acquisition Holdings, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.670% 7.8602% 4/13/29 (f)(h)(m)	62,363	62,192
Services - 1.0%
ABG Intermediate Holdings 2 LLC Tranche B1 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.4465% 12/21/28 (f)(h)(m)	17,622	17,653
Artera Services LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.1037% 2/10/31 (f)(h)(m)	6,313	6,236
Ascend Learning LLC:
2LN, term loan CME Term SOFR 1 Month Index + 5.750% 10.5352% 12/10/29 (f)(h)(m)	15,190	14,912
Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2852% 12/10/28 (f)(h)(m)	17,680	17,666
Bifm California Buyer, Inc. Tranche 1LN, term loan CME Term SOFR 1 Month Index + 4.250% 8.9352% 5/31/28 (f)(h)(m)	1,448	1,452
Brand Industrial Services, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.7477% 8/1/30 (f)(h)(m)	31,218	30,779
Neptune BidCo U.S., Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 5.000% 9.7583% 4/11/29 (f)(h)(m)	15,445	14,248
Sabert Corp. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.8591% 12/10/26 (f)(h)(m)	4,968	4,977
Spin Holdco, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 9.256% 3/4/28 (f)(h)(m)	17,648	15,275
STS Operating, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 8.7852% 3/25/31 (f)(h)(m)	6,114	6,096
The GEO Group, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 5.250% 9.9352% 4/14/29 (f)(h)(m)	3,924	3,991
TOTAL SERVICES		133,285
Super Retail - 0.9%
Great Outdoors Group LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.5496% 3/5/28 (f)(h)(m)	3,007	3,011
LBM Acquisition LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.6684% 6/6/31 (f)(h)(m)	116,959	115,175
TOTAL SUPER RETAIL		118,186
Technology - 3.1%
Acuris Finance U.S., Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.418% 2/16/28 (f)(h)(m)	702	700
Amentum Holdings, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 2.250% 6.9352% 9/29/31 (f)(h)(m)	5,895	5,891
Applied Systems, Inc.:
Tranche 2LN, term loan CME Term SOFR 3 Month Index + 5.250% 9.8537% 2/23/32 (f)(h)(m)	225	231
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 7.6037% 2/24/31 (f)(h)(m)	11,805	11,827
Athenahealth Group, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.9352% 2/15/29 (f)(h)(m)	28,966	28,852
ConnectWise LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 8.3653% 9/30/28 (f)(h)(m)	18,030	18,003
Cotiviti, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.0941% 5/1/31 (f)(h)(m)	41,238	41,238
DG Investment Intermediate Holdings, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.5496% 3/31/28 (f)(h)(m)	1,964	1,961
First Advantage Holdings LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.9352% 1/31/27 (f)(h)(m)	3,110	3,099
Lightning Power LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.3455% 8/18/31 (f)(h)(m)	2,960	2,965
McAfee Corp. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.0995% 3/1/29 (f)(h)(m)	30,936	30,846
MH Sub I LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.250% 8.9352% 5/3/28 (f)(h)(m)	17,602	17,485
Modena Buyer LLC 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.1037% 7/1/31 (f)(h)(m)	29,405	28,119
Polaris Newco LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.847% 6/2/28 (f)(h)(m)	6,572	6,522
Project Alpha Intermediate Holding, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.750% 8.3354% 10/28/30 (f)(h)(m)	11,955	11,994
Proofpoint, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.6852% 8/31/28 (f)(h)(m)	77,998	78,014
RealPage, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.7996% 4/22/28 (f)(h)(m)	5,849	5,760
UKG, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 7.6172% 2/10/31 (f)(h)(m)	83,847	83,915
VS Buyer LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.0359% 4/14/31 (f)(h)(m)	35,087	35,087
TOTAL TECHNOLOGY		412,509
Telecommunications - 0.1%
Aventiv Technologies LLC 1LN, term loan:
CME Term SOFR 3 Month Index + 5.090% 9.9553% 7/31/25 (f)(h)(m)	7,077	6,169
CME Term SOFR 3 Month Index + 7.500% 12.3653% 7/31/25 (f)(h)(m)	183	183
Connect U.S. Finco LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.500% 9.1852% 9/13/29 (f)(h)(m)	8,667	7,857
GTT Communications, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 9.000% 13.9454% 6/30/28 (f)(h)(m)	4,158	3,095
Gtt Remainco LLC 1LN, term loan CME Term SOFR 1 Month Index + 7.000% 11.7852% 12/30/27 (f)(h)(m)	4,812	4,517
TOTAL TELECOMMUNICATIONS		21,821
Utilities - 0.0%
Talen Energy Supply LLC:
Tranche TLB-EXIT 1LN, term loan CME Term SOFR 1 Month Index + 4.500% 8.5955% 5/17/30 (f)(h)(m)	553	554
Tranche TLC-EXIT 1LN, term loan CME Term SOFR 1 Month Index + 4.500% 8.5955% 5/17/30 (f)(h)(m)	364	365
TOTAL UTILITIES		919
TOTAL BANK LOAN OBLIGATIONS (Cost $1,268,918)		1,259,917

Preferred Securities - 2.7%
	Principal Amount (a) (000s)	Value ($) (000s)
Banks & Thrifts - 1.8%
Ally Financial, Inc. 4.7% (f)(n)	7,055	5,794
Bank of America Corp. 5.875% (f)(n)	102,630	104,344
Citigroup, Inc. 4.7% (f)(n)	15,285	15,369
JPMorgan Chase & Co.:
4% (f)(n)	26,340	26,019
4.6% (f)(n)	31,365	31,575
Wells Fargo & Co. 5.875% (f)(n)	50,420	51,411
TOTAL BANKS & THRIFTS		234,512
Diversified Financial Services - 0.0%
OEC Finance Ltd. 7.5% pay-in-kind (b)(n)	40	1
Energy - 0.6%
Energy Transfer LP:
6.5% (f)(n)	10,860	11,152
6.625% (f)(n)	35,195	34,946
7.125% (f)(n)	26,105	27,395
Summit Midstream Corp. 3 month U.S. LIBOR + 7.430% 12.6383% (e)(f)(h)(n)	2,912	4,353
TOTAL ENERGY		77,846
Homebuilders/Real Estate - 0.3%
Alliant Holdings LP 10% (c)(f)(n)	46,268	46,158
TOTAL PREFERRED SECURITIES (Cost $352,766)		358,517

Other - 2.7%
	Shares	Value ($) (000s)
Other - 2.7%
Fidelity Private Credit Co. LLC (k)(o) (Cost $362,317)	36,401,533	366,917

Money Market Funds - 12.2%
	Shares	Value ($) (000s)
Fidelity Cash Central Fund 4.87% (p)	1,630,207,760	1,630,534
Fidelity Securities Lending Cash Central Fund 4.87% (p)(q)	5,603,290	5,604
TOTAL MONEY MARKET FUNDS (Cost $1,636,091)		1,636,138

Corporate Bonds - 85.8%
	Principal Amount (a)	Value ($)
Convertible Bonds - 1.8%
Automotive & Auto Parts - 0.2%
Rivian Automotive, Inc. 3.625% 10/15/30	3,078,000	2,380,525
Broadcasting - 0.8%
DISH Network Corp. 3.375% 8/15/26	13,185,000	11,070,295
Diversified Financial Services - 0.0%
Coinbase Global, Inc. 0.25% 4/1/30 (b)	40,000	36,220
Energy - 0.1%
Sunnova Energy International, Inc. 0.25% 12/1/26	2,574,000	1,671,168
Homebuilders/Real Estate - 0.3%
Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp. 0.25% 6/15/26	2,957,000	2,562,241
Meritage Homes Corp. 1.75% 5/15/28 (b)	20,000	21,230
Redfin Corp. 0.5% 4/1/27	3,576,000	2,574,720
		5,158,191
Leisure - 0.0%
Peloton Interactive, Inc. 5.5% 12/1/29 (b)	190,000	393,395
Technology - 0.3%
BlackLine, Inc. 1% 6/1/29 (b)	220,000	228,910
Global Payments, Inc. 1.5% 3/1/31 (b)	2,034,000	1,939,419
Wolfspeed, Inc. 1.875% 12/1/29	5,485,000	2,731,530
		4,899,859
Utilities - 0.1%
PG&E Corp. 4.25% 12/1/27 (b)	990,000	1,079,595
TOTAL CONVERTIBLE BONDS		26,689,248
Nonconvertible Bonds - 84.0%
Aerospace - 2.8%
ATI, Inc.:
4.875% 10/1/29	1,215,000	1,150,856
5.875% 12/1/27	1,230,000	1,219,926
Bombardier, Inc.:
7% 6/1/32 (b)	3,405,000	3,486,040
7.25% 7/1/31 (b)	1,950,000	2,014,658
7.875% 4/15/27 (b)	1,814,000	1,817,576
BWX Technologies, Inc. 4.125% 6/30/28 (b)	3,247,000	3,098,678
Howmet Aerospace, Inc.:
5.9% 2/1/27	545,000	558,326
5.95% 2/1/37	435,000	459,293
Kaiser Aluminum Corp.:
4.5% 6/1/31 (b)(c)	830,000	740,948
4.625% 3/1/28 (b)	2,375,000	2,262,773
Moog, Inc. 4.25% 12/15/27 (b)	165,000	157,300
Spirit Aerosystems, Inc. 9.75% 11/15/30 (b)	965,000	1,071,220
TransDigm, Inc.:
4.625% 1/15/29	2,335,000	2,217,378
5.5% 11/15/27	3,780,000	3,742,200
6% 1/15/33 (b)	4,265,000	4,227,743
6.375% 3/1/29 (b)	6,800,000	6,902,269
6.75% 8/15/28 (b)	1,630,000	1,666,675
VistaJet Malta Finance PLC / XO Management Holding, Inc.:
6.375% 2/1/30 (b)	3,129,000	2,678,408
7.875% 5/1/27 (b)	435,000	423,458
9.5% 6/1/28 (b)	440,000	432,248
		40,327,973
Air Transportation - 0.7%
Air Canada 3.875% 8/15/26 (b)	805,000	778,744
American Airlines, Inc.:
7.25% 2/15/28 (b)(c)	540,000	548,882
8.5% 5/15/29 (b)	2,080,000	2,185,939
JetBlue Airways Corp./JetBlue Loyalty LP 9.875% 9/20/31 (b)	1,125,000	1,169,065
Mileage Plus Holdings LLC 6.5% 6/20/27 (b)	299,750	302,709
Rand Parent LLC 8.5% 2/15/30 (b)(c)	4,015,000	4,006,167
Spirit Loyalty Cayman Ltd. / Spirit IP Cayman Ltd.:
8% 9/20/25 (b)	560,000	348,117
8% 9/20/25 (b)	1,865,000	1,159,353
		10,498,976
Automotive & Auto Parts - 1.8%
Adient Global Holdings Ltd. 7% 4/15/28 (b)	330,000	335,483
Arko Corp. 5.125% 11/15/29 (b)	375,000	345,442
Aston Martin Capital Holdings Ltd. 10% 3/31/29 (b)	1,090,000	1,058,882
Belron UK Finance PLC 5.75% 10/15/29 (b)	2,155,000	2,159,719
Dana, Inc.:
4.25% 9/1/30	440,000	384,740
5.375% 11/15/27	295,000	288,539
Ford Motor Co.:
3.25% 2/12/32 (c)	1,085,000	907,753
4.75% 1/15/43	545,000	441,809
5.291% 12/8/46 (c)	215,000	188,024
6.1% 8/19/32	4,525,000	4,544,122
7.4% 11/1/46	435,000	464,606
Ford Motor Credit Co. LLC:
U.S. Secured Overnight Fin. Rate (SOFR) Index + 2.950% 7.9445% 3/6/26 (d)(e)	1,540,000	1,572,201
3.375% 11/13/25	545,000	534,570
4% 11/13/30	550,000	496,675
4.389% 1/8/26	1,090,000	1,076,621
5.125% 6/16/25	545,000	543,610
Hudson Automotive Group 8% 5/15/32 (b)	835,000	872,919
LCM Investments Holdings 8.25% 8/1/31 (b)(c)	755,000	788,517
Macquarie AirFinance Holdings:
6.4% 3/26/29 (b)	450,000	463,723
8.125% 3/30/29 (b)	1,115,000	1,179,488
8.375% 5/1/28 (b)	1,180,000	1,240,306
McLaren Finance PLC 7.5% 8/1/26 (b)	1,820,000	1,765,400
Phinia, Inc. 6.75% 4/15/29 (b)	1,045,000	1,066,743
Rivian Holdco & Rivian LLC & Rivian Automotive LLC CME Term SOFR 6 Month Index + 6.050% 10.502% 10/15/26 (b)(d)(e)	335,000	335,398
Wand NewCo 3, Inc. 7.625% 1/30/32 (b)	1,645,000	1,700,286
ZF North America Capital, Inc.:
6.875% 4/14/28 (b)	595,000	600,143
7.125% 4/14/30 (b)	595,000	598,409
		25,954,128
Banks & Thrifts - 0.9%
Ally Financial, Inc.:
5.75% 11/20/25	110,000	110,432
6.7% 2/14/33 (c)	2,170,000	2,179,160
Jane Street Group LLC/JSG Finance, Inc.:
4.5% 11/15/29 (b)	970,000	917,779
6.125% 11/1/32 (b)	2,000,000	2,001,295
Rocket Mortgage LLC / Rocket Mortgage Co.-Issuer, Inc. 4% 10/15/33 (b)(c)	435,000	375,169
UniCredit SpA:
5.861% 6/19/32 (b)(d)	2,542,000	2,532,871
7.296% 4/2/34 (b)(d)	1,403,000	1,468,193
VFH Parent LLC / Valor Co-Issuer, Inc. 7.5% 6/15/31 (b)	1,620,000	1,663,453
Western Alliance Bancorp. 3% 6/15/31 (d)	1,910,000	1,764,477
		13,012,829
Broadcasting - 1.8%
Clear Channel Outdoor Holdings, Inc.:
5.125% 8/15/27 (b)	2,900,000	2,811,438
7.5% 6/1/29 (b)	1,685,000	1,440,013
9% 9/15/28 (b)	3,050,000	3,203,491
DISH Network Corp. 11.75% 11/15/27 (b)	2,760,000	2,905,230
Sinclair Television Group, Inc. 5.5% 3/1/30 (b)	1,110,000	763,769
Sirius XM Radio, Inc.:
4% 7/15/28 (b)	2,505,000	2,340,344
4.125% 7/1/30 (b)	2,200,000	1,968,257
5.5% 7/1/29 (b)	660,000	640,263
TEGNA, Inc.:
4.625% 3/15/28	1,895,000	1,779,441
5% 9/15/29 (c)	725,000	676,827
Univision Communications, Inc.:
4.5% 5/1/29 (b)	2,170,000	1,926,455
6.625% 6/1/27 (b)	3,080,000	3,055,851
8% 8/15/28 (b)	1,975,000	2,007,088
8.5% 7/31/31 (b)	1,130,000	1,110,722
		26,629,189
Building Materials - 1.2%
Advanced Drain Systems, Inc.:
5% 9/30/27 (b)	824,000	809,070
6.375% 6/15/30 (b)	490,000	493,928
AmeriTex Holdco Intermediate LLC 10.25% 10/15/28 (b)	815,000	857,534
Beacon Roofing Supply, Inc. 6.5% 8/1/30 (b)	1,325,000	1,346,825
Builders FirstSource, Inc. 4.25% 2/1/32 (b)	2,210,000	1,977,039
Eco Material Technologies, Inc. 7.875% 1/31/27 (b)	2,370,000	2,385,270
EMRLD Borrower LP / Emerald Co. 6.625% 12/15/30 (b)	4,830,000	4,912,221
Smyrna Ready Mix Concrete LLC 8.875% 11/15/31 (b)	2,240,000	2,352,875
Star Holding LLC 8.75% 8/1/31 (b)	1,400,000	1,331,414
Summit Materials LLC/Summit Materials Finance Corp. 7.25% 1/15/31 (b)	950,000	983,250
		17,449,426
Cable/Satellite TV - 2.3%
CCO Holdings LLC/CCO Holdings Capital Corp.:
4.25% 1/15/34 (b)	2,145,000	1,713,660
4.5% 8/15/30 (b)	675,000	602,869
4.5% 5/1/32	5,635,000	4,794,187
4.75% 3/1/30 (b)	4,755,000	4,325,478
4.75% 2/1/32 (b)(c)	3,090,000	2,671,462
5% 2/1/28 (b)	1,495,000	1,446,949
5.375% 6/1/29 (b)	1,705,000	1,627,509
CSC Holdings LLC:
3.375% 2/15/31 (b)	2,195,000	1,574,641
4.125% 12/1/30 (b)	2,050,000	1,513,170
4.5% 11/15/31 (b)	555,000	406,848
4.625% 12/1/30 (b)	4,920,000	2,474,180
5.375% 2/1/28 (b)	3,840,000	3,286,465
7.5% 4/1/28 (b)	1,530,000	1,004,827
DIRECTV Financing LLC / DIRECTV Financing Co-Obligor, Inc. 5.875% 8/15/27 (b)	535,000	515,112
Radiate Holdco LLC/Radiate Financial Service Ltd. 4.5% 9/15/26 (b)	1,630,000	1,416,310
Telenet Finance Luxembourg Notes SARL 5.5% 3/1/28 (b)	1,000,000	973,420
Virgin Media Vendor Financing Notes IV DAC 5% 7/15/28 (b)	1,505,000	1,442,523
Ziggo BV 4.875% 1/15/30 (b)	1,455,000	1,349,127
		33,138,737
Capital Goods - 1.3%
ESAB Corp. 6.25% 4/15/29 (b)	2,470,000	2,513,493
Mueller Water Products, Inc. 4% 6/15/29 (b)	1,905,000	1,773,600
Patrick Industries, Inc. 6.375% 11/1/32 (b)	2,195,000	2,170,768
Regal Rexnord Corp.:
6.05% 2/15/26	1,640,000	1,657,178
6.05% 4/15/28	1,090,000	1,116,086
6.3% 2/15/30	1,090,000	1,128,740
Resideo Funding, Inc. 6.5% 7/15/32 (b)	1,455,000	1,464,354
TK Elevator Holdco GmbH 7.625% 7/15/28 (b)	1,645,000	1,652,422
TK Elevator U.S. Newco, Inc. 5.25% 7/15/27 (b)	4,865,000	4,785,345
		18,261,986
Chemicals - 4.2%
Avient Corp. 6.25% 11/1/31 (b)	1,420,000	1,424,154
Axalta Coating Systems Dutch Holding B BV 7.25% 2/15/31 (b)	2,445,000	2,555,135
Consolidated Energy Finance SA 12% 2/15/31 (b)	2,085,000	2,033,497
CVR Partners LP/CVR Nitrogen Finance Corp. 6.125% 6/15/28 (b)	1,807,000	1,733,755
Element Solutions, Inc. 3.875% 9/1/28 (b)	1,044,000	1,005,697
INEOS Quattro Finance 2 PLC 9.625% 3/15/29 (b)	2,460,000	2,602,776
Kobe U.S. Midco 2, Inc. 9.25% 11/1/26 pay-in-kind (b)(d)	4,053,262	3,424,115
LSB Industries, Inc. 6.25% 10/15/28 (b)	880,000	851,334
Methanex Corp.:
5.125% 10/15/27	3,800,000	3,698,155
5.65% 12/1/44	2,732,000	2,416,935
NOVA Chemicals Corp.:
4.25% 5/15/29 (b)	1,900,000	1,730,929
5.25% 6/1/27 (b)	1,935,000	1,899,190
9% 2/15/30 (b)	660,000	702,947
Nufarm Australia Ltd. 5% 1/27/30 (b)	2,575,000	2,386,163
Olin Corp.:
5% 2/1/30 (c)	1,110,000	1,059,411
5.125% 9/15/27	2,795,000	2,756,614
Olympus Water U.S. Holding Corp.:
4.25% 10/1/28 (b)	2,030,000	1,910,645
6.25% 10/1/29 (b)	2,255,000	2,150,692
7.25% 6/15/31 (b)	1,930,000	1,980,199
9.75% 11/15/28 (b)	2,225,000	2,360,523
SCIH Salt Holdings, Inc.:
4.875% 5/1/28 (b)	3,750,000	3,590,761
6.625% 5/1/29 (b)	1,815,000	1,762,059
SCIL IV LLC / SCIL U.S.A. Holdings LLC 5.375% 11/1/26 (b)	1,550,000	1,531,045
The Chemours Co. LLC:
4.625% 11/15/29 (b)(c)	790,000	685,885
5.375% 5/15/27	2,604,000	2,507,193
5.75% 11/15/28 (b)	2,625,000	2,423,060
Tronox, Inc. 4.625% 3/15/29 (b)(c)	3,860,000	3,502,129
W.R. Grace Holding LLC:
5.625% 8/15/29 (b)	4,500,000	4,156,505
7.375% 3/1/31 (b)	440,000	454,757
		61,296,260
Consumer Products - 1.5%
HFC Prestige Products, Inc./HFC Prestige International U.S. LLC 6.625% 7/15/30 (b)	1,850,000	1,886,264
Kohl's Corp. 4.25% 7/17/25	150,000	148,067
Kronos Acquisition Holdings, Inc.:
8.25% 6/30/31 (b)	1,370,000	1,356,734
10.75% 6/30/32 (b)	1,240,000	1,155,340
Mattel, Inc.:
3.375% 4/1/26 (b)	1,750,000	1,708,816
5.45% 11/1/41	435,000	398,367
Newell Brands, Inc.:
5.7% 4/1/26	545,000	546,217
6.375% 9/15/27 (c)	3,340,000	3,375,528
6.375% 5/15/30 (f)	730,000	733,336
6.625% 9/15/29 (c)	605,000	613,430
6.625% 5/15/32 (f)	730,000	732,108
7% 4/1/46 (g)	435,000	403,689
The Gates Corp. 6.875% 7/1/29 (b)	2,040,000	2,095,957
The Scotts Miracle-Gro Co.:
4% 4/1/31	215,000	192,476
4.375% 2/1/32	330,000	298,584
TKC Holdings, Inc.:
6.875% 5/15/28 (b)	2,260,000	2,224,979
10.5% 5/15/29 (b)	3,010,000	3,040,521
Wayfair LLC 7.25% 10/31/29 (b)(c)	1,405,000	1,421,737
		22,332,150
Containers - 1.4%
ARD Finance SA 6.5% 6/30/27 pay-in-kind (b)(d)	895,000	189,069
Ardagh Packaging Finance PLC/Ardagh MP Holdings U.S.A., Inc. 4.125% 8/15/26 (b)	2,155,000	1,874,850
Ball Corp.:
2.875% 8/15/30 (c)	545,000	473,867
6% 6/15/29	710,000	721,018
Graham Packaging Co., Inc. 7.125% 8/15/28 (b)	545,000	530,162
Graphic Packaging International, Inc.:
3.75% 2/1/30 (b)	610,000	557,842
6.375% 7/15/32 (b)	2,720,000	2,744,279
LABL, Inc.:
5.875% 11/1/28 (b)	330,000	306,384
9.5% 11/1/28 (b)	220,000	225,431
10.5% 7/15/27 (b)	625,000	618,754
Mauser Packaging Solutions Holding Co.:
7.875% 4/15/27 (b)	1,630,000	1,674,825
9.25% 4/15/27 (b)	1,335,000	1,365,259
Owens-Brockway Glass Container, Inc.:
7.25% 5/15/31 (b)(c)	450,000	442,586
7.375% 6/1/32 (b)(c)	1,360,000	1,330,630
Sealed Air Corp. 5% 4/15/29 (b)	3,300,000	3,187,699
Sealed Air Corp./Sealed Air Corp. U.S.:
6.125% 2/1/28 (b)	655,000	661,961
7.25% 2/15/31 (b)	2,415,000	2,507,323
Trivium Packaging Finance BV:
5.5% 8/15/26 (b)	494,000	489,622
8.5% 8/15/27 (b)	810,000	807,580
		20,709,141
Diversified Financial Services - 4.6%
Aercap Global Aviation Trust 6.5% 6/15/45 (b)(d)	1,090,000	1,088,871
Azorra Finance Ltd. 7.75% 4/15/30 (b)	1,020,000	1,007,436
Boost Newco Borrower LLC 7.5% 1/15/31 (b)	1,525,000	1,607,685
Capstone Borrower, Inc. 8% 6/15/30 (b)	745,000	778,632
Coinbase Global, Inc. 3.375% 10/1/28 (b)(c)	900,000	799,962
Encore Capital Group, Inc. 9.25% 4/1/29 (b)	1,005,000	1,070,076
Focus Financial Partners LLC 6.75% 9/15/31 (b)(c)	2,140,000	2,125,973
Fortress Transportation & Infrastructure Investors LLC:
5.875% 4/15/33 (b)	860,000	838,463
7% 6/15/32 (b)	680,000	697,682
7.875% 12/1/30 (b)	1,860,000	1,959,475
GGAM Finance Ltd.:
6.875% 4/15/29 (b)	1,715,000	1,747,700
7.75% 5/15/26 (b)	1,115,000	1,134,587
8% 2/15/27 (b)	2,705,000	2,794,563
8% 6/15/28 (b)	1,675,000	1,765,907
Global Aircraft Leasing Co. Ltd. 8.75% 9/1/27 (b)	1,405,000	1,451,327
Gn Bondco LLC 9.5% 10/15/31 (b)(c)	2,490,000	2,644,059
Hightower Holding LLC:
6.75% 4/15/29 (b)	1,835,000	1,806,549
9.125% 1/31/30 (b)	2,630,000	2,772,859
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
4.375% 2/1/29	4,560,000	3,803,935
5.25% 5/15/27	3,780,000	3,521,491
Intercontinental Exchange, Inc. 3.625% 9/1/28	3,485,000	3,352,392
Jefferies Finance LLC/JFIN Co-Issuer Corp. 5% 8/15/28 (b)	390,000	359,751
Jefferies Finance LLC/JFIN Co.-Issuer Corp. 6.625% 10/15/31 (b)	2,185,000	2,175,879
Jefferson Capital Holding 9.5% 2/15/29 (b)	1,050,000	1,116,839
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. 4.75% 6/15/29 (b)	1,415,000	1,348,106
LPL Holdings, Inc. 4.375% 5/15/31 (b)(c)	545,000	503,870
Nationstar Mortgage Holdings, Inc. 6.5% 8/1/29 (b)	2,095,000	2,094,916
OneMain Finance Corp.:
3.5% 1/15/27	3,265,000	3,116,046
3.875% 9/15/28	4,040,000	3,723,679
7.125% 3/15/26	3,970,000	4,067,213
Optics Bidco SpA:
6% 9/30/34 (b)	2,848,000	2,776,208
7.2% 7/18/36 (b)	1,085,000	1,116,158
7.721% 6/4/38 (b)	269,000	285,350
PRA Group, Inc. 8.875% 1/31/30 (b)(c)	685,000	710,692
Shift4 Payments LLC / Shift4 Payments Finance Sub, Inc. 6.75% 8/15/32 (b)	1,685,000	1,728,808
Windstream Services LLC / Wind:
7.75% 8/15/28 (b)	2,220,000	2,232,285
8.25% 10/1/31 (b)	1,425,000	1,442,815
		67,568,239
Diversified Media - 0.3%
Advantage Sales & Marketing, Inc. 6.5% 11/15/28 (b)	2,875,000	2,691,001
CMG Media Corp. 8.875% 6/18/29	3,100,000	2,263,000
		4,954,001
Energy - 11.3%
Aethon United BR LP / Aethon United Finance Corp. 7.5% 10/1/29 (b)	1,780,000	1,792,341
Alpha Generation LLC 6.75% 10/15/32 (b)	1,690,000	1,713,741
Antero Midstream Partners LP/Antero Midstream Finance Corp. 5.75% 3/1/27 (b)	545,000	543,981
Apache Corp.:
4.25% 1/15/30	775,000	729,754
5.1% 9/1/40	980,000	846,092
Archrock Partners LP / Archrock Partners Finance Corp. 6.625% 9/1/32 (b)	1,685,000	1,692,618
Ascent Resources - Utica LLC/ARU Finance Corp. 6.625% 10/15/32 (b)	590,000	584,408
Atlantica Sustainable Infrastructure PLC 4.125% 6/15/28 (b)	2,540,000	2,422,133
Baytex Energy Corp. 7.375% 3/15/32 (b)	1,780,000	1,728,064
California Buyer Ltd./Atlantica Sustainable Infrastructure PLC 6.375% 2/15/32 (b)(f)	2,365,000	2,348,656
California Resources Corp.:
7.125% 2/1/26 (b)(c)	295,000	295,962
8.25% 6/15/29 (b)	4,500,000	4,544,690
Calumet Specialty Products Partners LP/Calumet Finance Corp. 9.75% 7/15/28 (b)	960,000	986,294
Canacol Energy Ltd. 5.75% 11/24/28 (b)	2,695,000	1,398,031
Citgo Petroleum Corp.:
6.375% 6/15/26 (b)	2,380,000	2,380,221
8.375% 1/15/29 (b)	1,230,000	1,279,467
CNX Resources Corp. 7.375% 1/15/31 (b)	625,000	642,461
Comstock Resources, Inc.:
5.875% 1/15/30 (b)	1,410,000	1,288,266
6.75% 3/1/29 (b)	3,005,000	2,877,792
CPI CG, Inc. 10% 7/15/29 (b)	735,000	769,914
CQP Holdco LP / BIP-V Chinook Holdco LLC 7.5% 12/15/33 (b)	1,560,000	1,650,510
CrownRock LP/CrownRock Finance, Inc. 5% 5/1/29 (b)	1,855,000	1,875,765
CVR Energy, Inc.:
5.75% 2/15/28 (b)	2,890,000	2,635,398
8.5% 1/15/29 (b)	3,535,000	3,427,922
Delek Logistics Partners LP/Delek Logistics Finance Corp.:
7.125% 6/1/28 (b)	3,165,000	3,135,390
8.625% 3/15/29 (b)	2,440,000	2,503,540
DT Midstream, Inc.:
4.125% 6/15/29 (b)	1,140,000	1,070,526
4.375% 6/15/31 (b)	545,000	501,355
Energy Transfer LP:
5.75% 4/1/25 (c)	2,285,000	2,281,857
7.375% 2/1/31 (b)	1,090,000	1,147,031
EnLink Midstream LLC:
5.625% 1/15/28 (b)(c)	5,415,000	5,480,928
6.5% 9/1/30 (b)	1,020,000	1,074,234
EnLink Midstream Partners LP:
4.15% 6/1/25	545,000	541,770
4.85% 7/15/26	985,000	980,724
EQM Midstream Partners LP:
6% 7/1/25 (b)	140,000	140,161
6.5% 7/1/27 (b)	437,000	446,996
Expand Energy Corp. 4.75% 2/1/32	1,640,000	1,541,482
Ferrellgas LP/Ferrellgas Finance Corp. 5.375% 4/1/26 (b)	295,000	292,935
Genesis Energy LP/Genesis Energy Finance Corp. 7.875% 5/15/32 (c)	670,000	670,469
Global Partners LP/GLP Finance Corp.:
6.875% 1/15/29	2,210,000	2,205,960
7% 8/1/27	2,927,000	2,936,100
Harvest Midstream I LP:
7.5% 9/1/28 (b)	1,110,000	1,122,871
7.5% 5/15/32 (b)	2,535,000	2,595,523
Hess Midstream Operations LP:
4.25% 2/15/30 (b)	1,115,000	1,041,130
5.125% 6/15/28 (b)	3,025,000	2,960,147
5.5% 10/15/30 (b)	545,000	532,507
5.625% 2/15/26 (b)	2,610,000	2,603,724
HF Sinclair Corp. 5% 2/1/28	2,280,000	2,257,320
Howard Midstream Energy Partners LLC:
7.375% 7/15/32 (b)	1,380,000	1,407,916
8.875% 7/15/28 (b)	1,170,000	1,234,425
Kinetik Holdings LP:
5.875% 6/15/30 (b)	1,535,000	1,523,183
6.625% 12/15/28 (b)	4,320,000	4,412,228
Kodiak Gas Services LLC 7.25% 2/15/29 (b)	1,950,000	2,004,440
Kosmos Energy Ltd. 8.75% 10/1/31 (b)	1,060,000	1,034,825
Kraken Oil & Gas Partners LLC 7.625% 8/15/29 (b)	1,120,000	1,106,533
Matador Resources Co.:
6.25% 4/15/33 (b)(c)	720,000	704,613
6.5% 4/15/32 (b)	2,310,000	2,287,745
Mesquite Energy, Inc. 7.25% (b)(h)(i)	10,580,000	1
Moss Creek Resources Holdings, Inc. 8.25% 9/1/31 (b)	1,405,000	1,376,614
Murphy Oil Corp. 6% 10/1/32	1,435,000	1,381,799
Nabors Industries, Inc. 8.875% 8/15/31 (b)	1,780,000	1,682,854
New Fortress Energy, Inc. 6.5% 9/30/26 (b)	4,310,000	3,992,451
NGL Energy Operating LLC/NGL Energy Finance Corp. 8.125% 2/15/29 (b)(c)	1,950,000	1,962,591
Northern Oil & Gas, Inc.:
8.125% 3/1/28 (b)	1,730,000	1,746,790
8.75% 6/15/31 (b)	555,000	574,205
Occidental Petroleum Corp. 4.5% 7/15/44	1,335,000	1,029,353
PBF Holding Co. LLC/PBF Finance Corp. 7.875% 9/15/30 (b)(c)	4,690,000	4,681,987
Permian Resources Operating LLC:
5.875% 7/1/29 (b)	1,573,000	1,549,405
7% 1/15/32 (b)	2,785,000	2,840,959
Prairie Acquiror LP 9% 8/1/29 (b)	1,080,000	1,094,944
Rockies Express Pipeline LLC:
4.8% 5/15/30 (b)	145,000	134,098
4.95% 7/15/29 (b)	1,480,000	1,390,278
6.875% 4/15/40 (b)	655,000	621,026
Seadrill Finance Ltd. 8.375% 8/1/30 (b)	925,000	944,598
Sitio Royalties OP / Sitio Finance Corp. 7.875% 11/1/28 (b)	2,285,000	2,372,032
Suburban Propane Partners LP/Suburban Energy Finance Corp. 5.875% 3/1/27	210,000	209,713
Summit Midstream Holdings LLC 8.625% 10/31/29 (b)	1,120,000	1,157,144
Sunnova Energy Corp.:
5.875% 9/1/26 (b)	880,000	786,552
11.75% 10/1/28 (b)	1,210,000	983,792
Sunoco LP/Sunoco Finance Corp.:
4.5% 5/15/29 (c)	4,570,000	4,345,131
5.875% 3/15/28	875,000	872,988
Superior Plus LP / Superior General Partner, Inc. 4.5% 3/15/29 (b)	1,155,000	1,065,692
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.:
5.5% 1/15/28 (b)	3,125,000	3,001,174
6% 9/1/31 (b)	3,695,000	3,427,510
Talos Production, Inc. 9% 2/1/29 (b)	560,000	576,761
Targa Resources Partners LP/Targa Resources Partners Finance Corp. 4.875% 2/1/31	1,085,000	1,052,803
Teine Energy Ltd. 6.875% 4/15/29 (b)	295,000	290,144
Transocean Poseidon Ltd. 6.875% 2/1/27 (b)	606,000	605,710
Transocean, Inc.:
8% 2/1/27 (b)	4,113,000	4,101,113
8.25% 5/15/29 (b)	2,750,000	2,764,875
8.75% 2/15/30 (b)	1,202,750	1,246,240
Tullow Oil PLC 10.25% 5/15/26 (b)	2,840,000	2,609,250
U.S.A. Compression Partners LP/U.S.A. Compression Finance Corp. 7.125% 3/15/29 (b)	1,630,000	1,660,144
Valaris Ltd. 8.375% 4/30/30 (b)	2,135,000	2,166,171
Venture Global Calcasieu Pass LLC:
3.875% 8/15/29 (b)	2,155,000	1,987,008
4.125% 8/15/31 (b)	1,680,000	1,531,213
6.25% 1/15/30 (b)	1,445,000	1,477,017
Viridien 8.75% 4/1/27 (b)	1,310,000	1,266,335
		164,795,534
Environmental - 1.3%
Clean Harbors, Inc. 6.375% 2/1/31 (b)	515,000	518,872
Darling Ingredients, Inc. 6% 6/15/30 (b)	910,000	903,743
GFL Environmental, Inc.:
3.75% 8/1/25 (b)	1,090,000	1,079,229
5.125% 12/15/26 (b)	1,090,000	1,079,174
6.75% 1/15/31 (b)	930,000	957,544
Madison IAQ LLC:
4.125% 6/30/28 (b)(c)	2,375,000	2,254,127
5.875% 6/30/29 (b)	1,515,000	1,436,936
Reworld Holding Corp. 4.875% 12/1/29 (b)	1,650,000	1,541,084
Stericycle, Inc. 3.875% 1/15/29 (b)	3,330,000	3,271,881
Wrangler Holdco Corp. 6.625% 4/1/32 (b)(c)	5,510,000	5,623,908
		18,666,498
Food & Drug Retail - 0.9%
Albertsons Companies LLC/Safeway, Inc./New Albertson's, Inc./Albertson's LLC:
3.25% 3/15/26 (b)	295,000	285,012
3.5% 3/15/29 (b)	2,690,000	2,485,338
4.875% 2/15/30 (b)	1,855,000	1,806,784
Emergent BioSolutions, Inc. 3.875% 8/15/28 (b)	4,325,000	3,474,586
Murphy Oil U.S.A., Inc. 3.75% 2/15/31 (b)	785,000	697,559
Parkland Corp. 4.625% 5/1/30 (b)	3,475,000	3,193,985
Walgreens Boots Alliance, Inc. 8.125% 8/15/29 (c)	940,000	937,498
		12,880,762
Food/Beverage/Tobacco - 2.7%
BellRing Brands, Inc. 7% 3/15/30 (b)	435,000	452,702
C&S Group Enterprises LLC 5% 12/15/28 (b)	2,380,000	1,969,987
Chobani Holdco II LLC 9.5% 10/1/29 pay-in-kind (b)(d)	1,110,000	1,145,128
Chobani LLC/Finance Corp., Inc.:
4.625% 11/15/28 (b)(c)	435,000	417,678
7.625% 7/1/29 (b)	1,490,000	1,553,354
Fiesta Purchaser, Inc.:
7.875% 3/1/31 (b)	1,195,000	1,253,206
9.625% 9/15/32 (b)	805,000	841,428
KeHE Distributor / Nextwave 9% 2/15/29 (b)	1,935,000	2,003,617
Lamb Weston Holdings, Inc. 4.125% 1/31/30 (b)	3,660,000	3,398,149
Performance Food Group, Inc.:
4.25% 8/1/29 (b)	2,690,000	2,517,768
5.5% 10/15/27 (b)	1,505,000	1,492,245
6.125% 9/15/32 (b)	285,000	286,192
Pilgrim's Pride Corp.:
3.5% 3/1/32	545,000	476,726
4.25% 4/15/31	640,000	594,792
Post Holdings, Inc.:
4.625% 4/15/30 (b)	1,290,000	1,205,617
5.5% 12/15/29 (b)	3,980,000	3,881,796
6.25% 10/15/34 (b)	1,295,000	1,280,693
6.375% 3/1/33 (b)(c)	2,105,000	2,082,553
Sigma Holdco BV 7.875% 5/15/26 (b)	705,000	698,209
TreeHouse Foods, Inc. 4% 9/1/28	860,000	783,688
Triton Water Holdings, Inc. 6.25% 4/1/29 (b)	5,285,000	5,220,556
U.S. Foods, Inc.:
4.625% 6/1/30 (b)(c)	820,000	778,025
4.75% 2/15/29 (b)	2,180,000	2,100,070
5.75% 4/15/33 (b)	1,265,000	1,245,748
7.25% 1/15/32 (b)(c)	1,225,000	1,272,793
United Natural Foods, Inc. 6.75% 10/15/28 (b)	215,000	207,475
Viking Baked Goods Acquisition Corp. 8.625% 11/1/31 (b)(f)	290,000	289,077
		39,449,272
Gaming - 2.0%
Caesars Entertainment, Inc.:
6% 10/15/32 (b)	1,175,000	1,146,128
6.5% 2/15/32 (b)	3,735,000	3,787,720
7% 2/15/30 (b)	1,305,000	1,337,693
8.125% 7/1/27 (b)	849,000	865,657
Churchill Downs, Inc. 5.75% 4/1/30 (b)	3,965,000	3,903,371
Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.:
4.625% 1/15/29 (b)(c)	2,730,000	2,548,643
6.75% 1/15/30 (b)	4,015,000	3,651,566
Jacobs Entertainment, Inc. 6.75% 2/15/29 (b)	975,000	959,649
Ontario Gaming GTA LP / OTG Co. issuer, Inc. 8% 8/1/30 (b)	660,000	678,363
Station Casinos LLC:
4.5% 2/15/28 (b)	1,665,000	1,589,109
6.625% 3/15/32 (b)(c)	2,735,000	2,748,429
VICI Properties LP / VICI Note Co. 4.125% 8/15/30 (b)	1,085,000	1,005,335
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. 7.125% 2/15/31 (b)(c)	5,135,000	5,401,943
		29,623,606
Healthcare - 7.0%
1375209 BC Ltd. 9% 1/30/28 (b)	1,456,000	1,453,326
180 Medical, Inc. 3.875% 10/15/29 (b)	1,055,000	981,221
Amgen, Inc. 5.6% 3/2/43 (c)	1,195,000	1,195,946
AMN Healthcare 4% 4/15/29 (b)(c)	680,000	626,687
Avantor Funding, Inc.:
3.875% 11/1/29 (b)	1,345,000	1,240,508
4.625% 7/15/28 (b)	885,000	855,725
Bausch Health Companies, Inc.:
4.875% 6/1/28 (b)	2,075,000	1,603,373
5.25% 1/30/30 (b)	1,335,000	734,376
5.5% 11/1/25 (b)	4,535,000	4,450,558
11% 9/30/28 (b)	1,510,000	1,389,442
Catalent Pharma Solutions 3.5% 4/1/30 (b)	1,320,000	1,277,609
Centene Corp. 2.5% 3/1/31	1,470,000	1,229,390
Charles River Laboratories International, Inc.:
3.75% 3/15/29 (b)	1,150,000	1,054,220
4% 3/15/31 (b)	975,000	871,428
4.25% 5/1/28 (b)	472,000	448,723
CHS/Community Health Systems, Inc.:
4.75% 2/15/31 (b)	4,055,000	3,381,746
5.25% 5/15/30 (b)	7,690,000	6,711,313
5.625% 3/15/27 (b)	4,905,000	4,783,660
6% 1/15/29 (b)	2,290,000	2,156,576
6.125% 4/1/30 (b)	2,340,000	1,832,167
6.875% 4/15/29 (b)	1,490,000	1,258,386
10.875% 1/15/32 (b)	2,065,000	2,213,090
CTR Partnership LP/CareTrust Capital Corp. 3.875% 6/30/28 (b)	2,070,000	1,960,855
DaVita, Inc.:
3.75% 2/15/31 (b)	855,000	743,565
4.625% 6/1/30 (b)	4,560,000	4,198,021
6.875% 9/1/32 (b)	700,000	703,648
Embecta Corp. 5% 2/15/30 (b)	490,000	443,532
Grifols SA 4.75% 10/15/28 (b)	660,000	608,180
HAH Group Holding Co. LLC 9.75% 10/1/31 (b)	2,580,000	2,628,827
HealthEquity, Inc. 4.5% 10/1/29 (b)(c)	1,865,000	1,777,368
Hologic, Inc. 3.25% 2/15/29 (b)	840,000	771,435
Humana, Inc. 5.875% 3/1/33	1,085,000	1,106,788
IQVIA, Inc. 6.5% 5/15/30 (b)	1,110,000	1,140,224
Jazz Securities DAC 4.375% 1/15/29 (b)	1,850,000	1,750,642
LifePoint Health, Inc. 5.375% 1/15/29 (b)	1,570,000	1,436,546
Medline Borrower LP 3.875% 4/1/29 (b)	6,955,000	6,506,195
Medline Borrower LP / Medline Co. 6.25% 4/1/29 (b)	2,740,000	2,787,797
Modivcare, Inc. 5% 10/1/29 (b)	215,000	146,385
Molina Healthcare, Inc. 3.875% 11/15/30 (b)	1,465,000	1,326,541
Option Care Health, Inc. 4.375% 10/31/29 (b)	255,000	234,724
Organon & Co. / Organon Foreign Debt Co-Issuer BV:
4.125% 4/30/28 (b)	3,935,000	3,728,459
5.125% 4/30/31 (b)	1,050,000	957,607
Pediatrix Medical Group, Inc. 5.375% 2/15/30 (b)	2,895,000	2,766,966
Radiology Partners, Inc. 7.775% 1/31/29 pay-in-kind (b)(d)	1,395,645	1,374,710
Sotera Health Holdings LLC 7.375% 6/1/31 (b)	1,335,000	1,367,120
Surgery Center Holdings, Inc. 7.25% 4/15/32 (b)	1,995,000	2,048,474
Teleflex, Inc. 4.25% 6/1/28 (b)	930,000	891,584
Tenet Healthcare Corp.:
4.25% 6/1/29	2,790,000	2,639,406
4.375% 1/15/30	1,990,000	1,865,702
6.125% 10/1/28	3,035,000	3,032,112
6.125% 6/15/30	2,820,000	2,833,274
6.25% 2/1/27	2,741,000	2,743,106
6.75% 5/15/31 (c)	390,000	398,696
Teva Pharmaceutical Finance Netherlands III BV:
3.15% 10/1/26	1,310,000	1,248,812
7.875% 9/15/29	330,000	356,061
8.125% 9/15/31	330,000	369,081
U.S. Acute Care Solutions 9.75% 5/15/29 (b)	585,000	596,686
		101,238,599
Homebuilders/Real Estate - 2.7%
Anywhere Real Estate Group LLC 7% 4/15/30 (b)(c)	874,400	766,231
Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp. 5.75% 1/15/29 (b)	32,000	26,360
Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp. 5.25% 4/15/30 (b)	25,000	19,066
Arcosa, Inc. 6.875% 8/15/32 (b)	845,000	867,279
Ashton Woods U.S.A. LLC/Ashton Woods Finance Co. 4.625% 8/1/29 (b)	985,000	920,646
Beazer Homes U.S.A., Inc. 7.5% 3/15/31 (b)(c)	1,085,000	1,115,409
Greystar Real Estate Partners 7.75% 9/1/30 (b)	555,000	581,521
HAT Holdings I LLC/HAT Holdings II LLC 8% 6/15/27 (b)	1,520,000	1,592,209
Howard Hughes Corp.:
4.125% 2/1/29 (b)	945,000	870,257
4.375% 2/1/31 (b)	775,000	694,513
Jones DesLauriers Insurance Management, Inc. 10.5% 12/15/30 (b)	415,000	447,052
Kennedy-Wilson, Inc. 4.75% 2/1/30	1,605,000	1,435,645
Landsea Homes Corp. 8.875% 4/1/29 (b)	1,330,000	1,356,938
LGI Homes, Inc. 8.75% 12/15/28 (b)	960,000	1,011,352
MPT Operating Partnership LP/MPT Finance Corp.:
3.5% 3/15/31	5,035,000	3,565,531
4.625% 8/1/29 (c)	2,850,000	2,216,478
5% 10/15/27 (c)	5,705,000	5,034,888
5.25% 8/1/26 (c)	1,085,000	1,026,268
Panther Escrow Issuer LLC 7.125% 6/1/31 (b)	2,255,000	2,308,850
Railworks Holdings LP 8.25% 11/15/28 (b)	1,990,000	2,036,868
Rithm Capital Corp. 8% 4/1/29 (b)	830,000	828,210
Ryan Specialty Group LLC 5.875% 8/1/32 (b)	930,000	926,894
Safehold Operating Partnership LP 2.85% 1/15/32	1,635,000	1,386,573
Taylor Morrison Communities, Inc./Monarch Communities, Inc. 5.125% 8/1/30 (b)	395,000	382,023
TopBuild Corp. 4.125% 2/15/32 (b)	1,185,000	1,056,428
TRI Pointe Homes, Inc. 5.7% 6/15/28	220,000	218,603
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC:
6.5% 2/15/29 (b)	4,996,000	4,301,106
10.5% 2/15/28 (b)	2,175,000	2,316,743
		39,309,941
Hotels - 0.9%
Hilton Domestic Operating Co., Inc.:
3.625% 2/15/32 (b)	4,715,000	4,138,580
3.75% 5/1/29 (b)	495,000	460,560
4% 5/1/31 (b)	2,420,000	2,204,409
5.875% 4/1/29 (b)	685,000	695,135
5.875% 3/15/33 (b)(c)	995,000	997,082
Hilton Grand Vacations Borrower Escrow LLC 6.625% 1/15/32 (b)	2,585,000	2,585,636
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer 7% 2/1/30 (b)	935,000	957,803
Wyndham Hotels & Resorts, Inc. 4.375% 8/15/28 (b)	1,785,000	1,698,911
		13,738,116
Insurance - 1.8%
Acrisure LLC / Acrisure Finance, Inc.:
4.25% 2/15/29 (b)	435,000	409,054
8.25% 2/1/29 (b)	1,485,000	1,509,173
8.5% 6/15/29 (b)	950,000	976,190
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer:
4.25% 10/15/27 (b)	3,740,000	3,547,068
5.875% 11/1/29 (b)	1,365,000	1,289,266
6.75% 10/15/27 (b)	6,945,000	6,918,956
6.75% 4/15/28 (b)	540,000	542,543
AmWINS Group, Inc. 4.875% 6/30/29 (b)	1,660,000	1,562,391
APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Investor 2 LLC 7.875% 11/1/29 (b)	1,455,000	1,453,545
AssuredPartners, Inc.:
5.625% 1/15/29 (b)	1,355,000	1,282,131
7.5% 2/15/32 (b)	2,145,000	2,160,133
HUB International Ltd. 7.25% 6/15/30 (b)	3,595,000	3,715,156
USI, Inc. 7.5% 1/15/32 (b)	840,000	857,038
		26,222,644
Leisure - 2.4%
Amer Sports Co. 6.75% 2/16/31 (b)(c)	1,375,000	1,396,852
Carnival Corp.:
5.75% 3/1/27 (b)	3,414,000	3,424,225
6% 5/1/29 (b)	2,235,000	2,238,656
6.65% 1/15/28	300,000	305,720
7% 8/15/29 (b)	2,465,000	2,577,958
10.5% 6/1/30 (b)	1,985,000	2,141,654
ClubCorp Holdings, Inc. 8.5% 9/15/25 (b)	315,000	308,700
MajorDrive Holdings IV LLC 6.375% 6/1/29 (b)	1,705,000	1,634,816
NCL Corp. Ltd.:
5.875% 3/15/26 (b)	890,000	889,026
7.75% 2/15/29 (b)	3,300,000	3,496,624
NCL Finance Ltd. 6.125% 3/15/28 (b)	3,490,000	3,511,366
Royal Caribbean Cruises Ltd.:
5.375% 7/15/27 (b)	1,535,000	1,532,185
5.5% 4/1/28 (b)	2,745,000	2,744,811
5.625% 9/30/31 (b)	1,145,000	1,138,532
6% 2/1/33 (b)	2,795,000	2,812,162
6.25% 3/15/32 (b)	1,730,000	1,763,771
Viking Cruises Ltd. 9.125% 7/15/31 (b)	1,195,000	1,290,573
Viking Ocean Cruises Ship VII Ltd. 5.625% 2/15/29 (b)	630,000	621,287
Voc Escrow Ltd. 5% 2/15/28 (b)	865,000	840,878
		34,669,796
Metals/Mining - 1.8%
Alcoa Nederland Holding BV 7.125% 3/15/31 (b)	530,000	552,608
Arsenal AIC Parent LLC 8% 10/1/30 (b)	740,000	777,827
Cleveland-Cliffs, Inc.:
4.875% 3/1/31 (b)	215,000	198,394
6.875% 11/1/29 (b)	730,000	732,831
7% 3/15/32 (b)(c)	2,745,000	2,748,103
7.375% 5/1/33 (b)	730,000	735,402
Eldorado Gold Corp. 6.25% 9/1/29 (b)	1,005,000	991,051
ERO Copper Corp. 6.5% 2/15/30 (b)	5,665,000	5,565,863
First Quantum Minerals Ltd.:
6.875% 10/15/27 (b)	2,360,000	2,332,600
8.625% 6/1/31 (b)	1,180,000	1,188,850
9.375% 3/1/29 (b)	3,380,000	3,593,457
FMG Resources August 2006 Pty Ltd.:
4.375% 4/1/31 (b)	545,000	496,144
4.5% 9/15/27 (b)	630,000	613,305
Mineral Resources Ltd.:
8.5% 5/1/30 (b)	1,400,000	1,439,916
9.25% 10/1/28 (b)	1,105,000	1,163,318
Novelis Corp.:
3.25% 11/15/26 (b)	330,000	317,499
3.875% 8/15/31 (b)	545,000	478,630
Vibrantz Technologies, Inc. 9% 2/15/30 (b)	2,130,000	1,995,469
		25,921,267
Paper - 0.9%
Ahlstrom Holding 3 OY 4.875% 2/4/28 (b)	2,205,000	2,086,173
Ardagh Metal Packaging Finance U.S.A. LLC/Ardagh Metal Packaging Finance PLC:
4% 9/1/29 (b)	1,145,000	1,004,367
6% 6/15/27 (b)	1,985,000	1,979,380
Clydesdale Acquisition Holdings, Inc.:
6.625% 4/15/29 (b)	3,325,000	3,340,657
8.75% 4/15/30 (b)	3,310,000	3,361,305
Glatfelter Corp. 7.25% 11/15/31 (b)(c)	1,020,000	1,011,330
Mercer International, Inc.:
5.125% 2/1/29 (c)	710,000	612,766
12.875% 10/1/28 (b)	140,000	148,236
		13,544,214
Publishing/Printing - 0.2%
Cimpress PLC 7.375% 9/15/32 (b)	1,695,000	1,668,718
News Corp. 5.125% 2/15/32 (b)	1,685,000	1,614,720
		3,283,438
Railroad - 0.2%
First Student Bidco, Inc./First Transit Parent, Inc. 4% 7/31/29 (b)(c)	1,045,000	961,988
Genesee & Wyoming, Inc. 6.25% 4/15/32 (b)	2,040,000	2,057,824
		3,019,812
Restaurants - 0.9%
1011778 BC Unlimited Liability Co./New Red Finance, Inc.:
3.875% 1/15/28 (b)	930,000	886,424
4% 10/15/30 (b)	5,530,000	4,994,418
6.125% 6/15/29 (b)	2,755,000	2,803,097
Garden SpinCo Corp. 8.625% 7/20/30 (b)(c)	550,000	595,266
Yum! Brands, Inc.:
3.625% 3/15/31	545,000	493,531
4.625% 1/31/32	3,225,000	3,023,514
5.375% 4/1/32	435,000	423,391
		13,219,641
Services - 6.0%
AECOM 5.125% 3/15/27	730,000	726,094
Allied Universal Holdco LLC 7.875% 2/15/31 (b)	3,120,000	3,175,140
Allied Universal Holdco LLC / Allied Universal Finance Corp.:
6% 6/1/29 (b)	2,040,000	1,866,603
9.75% 7/15/27 (b)	1,455,000	1,458,505
Aramark Services, Inc. 5% 2/1/28 (b)	1,560,000	1,531,833
Artera Services LLC 8.5% 2/15/31 (b)	8,240,000	8,166,250
ASGN, Inc. 4.625% 5/15/28 (b)	1,025,000	978,790
Atlas Luxco 4 SARL / Allied Universal Holdco LLC / Allied Universal Finance Corp. 4.625% 6/1/28 (b)	2,190,000	2,050,520
Avis Budget Car Rental LLC/Avis Budget Finance, Inc. 8.25% 1/15/30 (b)(c)	1,140,000	1,164,648
Booz Allen Hamilton, Inc. 3.875% 9/1/28 (b)	3,975,000	3,810,367
Brand Industrial Services, Inc. 10.375% 8/1/30 (b)	5,400,000	5,724,794
CoreCivic, Inc.:
4.75% 10/15/27	3,661,000	3,488,148
8.25% 4/15/29	1,365,000	1,433,455
CoreLogic, Inc. 4.5% 5/1/28 (b)	1,535,000	1,441,394
Garda World Security Corp. 8.25% 8/1/32 (b)	1,395,000	1,387,771
Gartner, Inc.:
3.625% 6/15/29 (b)	345,000	322,011
3.75% 10/1/30 (b)	555,000	510,424
4.5% 7/1/28 (b)	2,505,000	2,444,220
Hertz Corp. 4.625% 12/1/26 (b)	1,165,000	880,084
Iron Mountain, Inc. 4.5% 2/15/31 (b)	545,000	506,051
Korn Ferry 4.625% 12/15/27 (b)	400,000	390,009
Life Time, Inc.:
6% 11/15/31 (b)(f)	2,920,000	2,907,601
8% 4/15/26 (b)	1,655,000	1,663,124
Neptune BidCo U.S., Inc. 9.29% 4/15/29 (b)	2,925,000	2,720,250
Prime Securities Services Borrower LLC/Prime Finance, Inc. 5.75% 4/15/26 (b)	1,090,000	1,090,262
Service Corp. International:
4% 5/15/31	945,000	852,254
5.125% 6/1/29	597,000	585,744
5.75% 10/15/32	2,850,000	2,799,637
Sotheby's 7.375% 10/15/27 (b)	1,270,000	1,235,990
Staples, Inc.:
10.75% 9/1/29 (b)	3,495,000	3,379,606
12.75% 1/15/30 (b)	2,045,000	1,625,212
The GEO Group, Inc.:
8.625% 4/15/29	1,375,000	1,438,258
10.25% 4/15/31	2,710,000	2,904,600
TriNet Group, Inc. 3.5% 3/1/29 (b)	3,950,000	3,591,771
Uber Technologies, Inc.:
4.5% 8/15/29 (b)	6,630,000	6,435,343
8% 11/1/26 (b)	3,275,000	3,275,000
United Rentals North America, Inc.:
6% 12/15/29 (b)	545,000	553,577
6.125% 3/15/34 (b)(c)	3,415,000	3,443,498
WASH Multifamily Acquisition, Inc. 5.75% 4/15/26 (b)	2,762,000	2,755,182
		86,714,020
Steel - 0.2%
Commercial Metals Co.:
3.875% 2/15/31	655,000	588,014
4.125% 1/15/30	1,140,000	1,057,897
Roller Bearing Co. of America, Inc. 4.375% 10/15/29 (b)	1,475,000	1,385,888
		3,031,799
Super Retail - 1.8%
Bath & Body Works, Inc. 6.694% 1/15/27	625,000	639,769
Carvana Co.:
4.875% 9/1/29 (b)	1,855,000	1,554,002
5.5% 4/15/27 (b)	1,025,000	943,000
5.875% 10/1/28 (b)	507,000	455,696
10.25% 5/1/30 (b)	150,000	151,583
12% 12/1/28 pay-in-kind (b)(d)	642,818	679,884
13% 6/1/30 pay-in-kind (b)(d)	974,652	1,062,614
14% 6/1/31 pay-in-kind (b)(d)	1,162,144	1,385,541
EG Global Finance PLC 12% 11/30/28 (b)	5,560,000	6,182,147
Group 1 Automotive, Inc. 6.375% 1/15/30 (b)	1,330,000	1,335,963
Hanesbrands, Inc. 4.875% 5/15/26 (b)	295,000	291,426
LBM Acquisition LLC 6.25% 1/15/29 (b)	2,315,000	2,135,008
Levi Strauss & Co. 3.5% 3/1/31 (b)(c)	700,000	618,313
Michaels Companies, Inc. 5.25% 5/1/28 (b)	1,060,000	762,763
Nordstrom, Inc.:
4.25% 8/1/31	1,630,000	1,434,121
4.375% 4/1/30	1,090,000	988,019
Sally Holdings LLC 6.75% 3/1/32 (c)	1,405,000	1,422,508
Specialty Building Products Holdings LLC 7.75% 10/15/29 (b)	585,000	596,628
Wolverine World Wide, Inc. 4% 8/15/29 (b)	3,250,000	2,779,048
		25,418,033
Technology - 6.6%
Acuris Finance U.S.:
5% 5/1/28 (b)	4,390,000	3,961,944
9% 8/1/29 (b)	1,545,000	1,514,409
Amentum Holdings, Inc. 7.25% 8/1/32 (b)(c)	1,655,000	1,714,194
Athenahealth Group, Inc. 6.5% 2/15/30 (b)	760,000	718,783
Block, Inc.:
3.5% 6/1/31	3,117,000	2,763,074
6.5% 5/15/32 (b)	2,720,000	2,768,321
Broadcom, Inc. 2.6% 2/15/33 (b)	1,570,000	1,302,966
Central Parent LLC/CDK GLO II/CDK Finance Co. 8% 6/15/29 (b)	2,415,000	2,467,922
Clarivate Science Holdings Corp.:
3.875% 7/1/28 (b)	710,000	670,075
4.875% 7/1/29 (b)	720,000	680,444
Cloud Software Group, Inc.:
6.5% 3/31/29 (b)	3,725,000	3,637,700
8.25% 6/30/32 (b)	1,360,000	1,397,873
9% 9/30/29 (b)	5,045,000	5,044,542
Cogent Communications Group, Inc. 7% 6/15/27 (b)	1,670,000	1,679,334
Coherent Corp. 5% 12/15/29 (b)(c)	2,885,000	2,767,585
CommScope, Inc.:
4.75% 9/1/29 (b)	1,415,000	1,209,825
6% 3/1/26 (b)	1,260,000	1,230,022
Elastic NV 4.125% 7/15/29 (b)	1,715,000	1,587,022
Entegris, Inc.:
3.625% 5/1/29 (b)	990,000	905,885
4.75% 4/15/29 (b)	3,475,000	3,366,433
5.95% 6/15/30 (b)	3,270,000	3,266,432
Gen Digital, Inc.:
5% 4/15/25 (b)	1,090,000	1,087,008
7.125% 9/30/30 (b)(c)	545,000	564,027
Go Daddy Operating Co. LLC / GD Finance Co., Inc.:
3.5% 3/1/29 (b)	2,070,000	1,910,385
5.25% 12/1/27 (b)	625,000	617,700
GrafTech Global Enterprises, Inc. 9.875% 12/15/28 (b)	1,090,000	914,194
HTA Group Ltd. 7.5% 6/4/29 (b)	4,790,000	4,867,119
Insight Enterprises, Inc. 6.625% 5/15/32 (b)	1,115,000	1,139,882
ION Trading Technologies Ltd. 5.75% 5/15/28 (b)	2,305,000	2,089,624
Lightning Power LLC 7.25% 8/15/32 (b)	1,310,000	1,362,847
Match Group Holdings II LLC:
3.625% 10/1/31 (b)(c)	325,000	284,738
4.125% 8/1/30 (b)	695,000	631,962
McAfee Corp. 7.375% 2/15/30 (b)	1,505,000	1,450,960
ON Semiconductor Corp. 3.875% 9/1/28 (b)	1,875,000	1,758,187
Open Text Corp.:
3.875% 2/15/28 (b)	1,310,000	1,232,170
3.875% 12/1/29 (b)	1,655,000	1,509,868
Open Text Holdings, Inc.:
4.125% 2/15/30 (b)	1,840,000	1,689,202
4.125% 12/1/31 (b)	875,000	785,841
Rackspace Finance LLC 3.5% 5/15/28 (b)	2,262,850	1,333,213
Roblox Corp. 3.875% 5/1/30 (b)	3,450,000	3,122,413
Seagate HDD Cayman:
5.75% 12/1/34	1,210,000	1,192,290
8.25% 12/15/29	555,000	597,074
8.5% 7/15/31	670,000	722,346
Sensata Technologies BV 4% 4/15/29 (b)	3,430,000	3,207,394
Sensata Technologies, Inc.:
3.75% 2/15/31 (b)	545,000	486,416
6.625% 7/15/32 (b)	1,515,000	1,534,900
SS&C Technologies, Inc.:
5.5% 9/30/27 (b)	440,000	438,251
6.5% 6/1/32 (b)	2,710,000	2,758,590
TTM Technologies, Inc. 4% 3/1/29 (b)	4,905,000	4,585,736
UKG, Inc. 6.875% 2/1/31 (b)	1,605,000	1,644,341
Veritas U.S., Inc./Veritas Bermuda Ltd. 7.5% 9/1/25 (b)	1,760,000	1,675,019
VM Consolidated, Inc. 5.5% 4/15/29 (b)	2,020,000	1,953,637
Wolfspeed, Inc. 4.2917% 6/23/30 pay-in-kind (b)(d)(i)(j)	2,560,000	2,457,600
		96,259,719
Telecommunications - 4.6%
Altice Financing SA:
5% 1/15/28 (b)	1,570,000	1,327,664
5.75% 8/15/29 (b)	6,145,000	5,039,672
Altice France Holding SA 6% 2/15/28 (b)	1,775,000	471,629
Altice France SA:
5.125% 1/15/29 (b)	2,620,000	1,962,236
5.125% 7/15/29 (b)	6,260,000	4,682,187
5.5% 1/15/28 (b)	4,455,000	3,457,085
5.5% 10/15/29 (b)	1,620,000	1,212,957
C&W Senior Finance Ltd. 6.875% 9/15/27 (b)	4,077,000	4,036,571
Cablevision Lightpath LLC:
3.875% 9/15/27 (b)	765,000	726,627
5.625% 9/15/28 (b)	605,000	561,655
Consolidated Communications, Inc. 5% 10/1/28 (b)	1,740,000	1,609,359
Frontier Communications Holdings LLC:
5% 5/1/28 (b)	430,000	422,714
5.875% 10/15/27 (b)	1,685,000	1,681,390
5.875% 11/1/29	2,485,000	2,427,999
8.75% 5/15/30 (b)	1,675,000	1,773,197
IHS Netherlands Holdco BV 8% 9/18/27 (b)	680,000	679,363
Intelsat Jackson Holdings SA 6.5% 3/15/30 (b)	3,100,000	2,912,703
LCPR Senior Secured Financing DAC 5.125% 7/15/29 (b)	5,995,000	5,047,309
Level 3 Financing, Inc.:
3.875% 10/15/30 (b)	2,880,000	2,188,770
4% 4/15/31 (b)	1,535,000	1,158,925
4.5% 4/1/30 (b)	2,100,000	1,679,877
10.5% 5/15/30 (b)	2,909,000	3,181,719
11% 11/15/29 (b)	1,014,402	1,144,663
Liquid Telecommunications Financing PLC 5.5% 9/4/26 (b)	2,350,000	1,668,500
Millicom International Cellular SA 4.5% 4/27/31 (b)	475,000	426,313
Sable International Finance Ltd. 7.125% 10/15/32 (b)	2,155,000	2,162,090
SBA Communications Corp. 3.125% 2/1/29 (c)	550,000	500,523
Telecom Italia Capital SA:
6% 9/30/34	184,000	178,962
7.2% 7/18/36	364,000	368,842
7.721% 6/4/38	131,000	136,348
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC 6% 1/15/30 (b)	3,690,000	3,091,347
ViaSat, Inc. 5.625% 9/15/25 (b)	2,135,000	2,107,172
Virgin Media Secured Finance PLC 4.5% 8/15/30 (b)	2,980,000	2,609,857
VMED O2 UK Financing I PLC 4.25% 1/31/31 (b)	3,745,000	3,230,701
Zayo Group Holdings, Inc. 4% 3/1/27 (b)	905,000	805,458
		66,672,384
Textiles/Apparel - 0.1%
Crocs, Inc. 4.125% 8/15/31 (b)(c)	720,000	630,700
Foot Locker, Inc. 4% 10/1/29 (b)(c)	715,000	614,373
Kontoor Brands, Inc. 4.125% 11/15/29 (b)	580,000	540,583
		1,785,656
Transportation Ex Air/Rail - 0.5%
Golar LNG Ltd. 7.75% 9/19/29 (Reg. S) (b)	1,400,000	1,392,524
Great Lakes Dredge & Dock Corp. 5.25% 6/1/29 (b)	1,020,000	958,451
Seaspan Corp. 5.5% 8/1/29 (b)	3,000,000	2,853,636
XPO, Inc.:
6.25% 6/1/28 (b)	335,000	340,063
7.125% 6/1/31 (b)	550,000	569,267
7.125% 2/1/32 (b)	1,650,000	1,714,078
		7,828,019
Utilities - 2.4%
Clearway Energy Operating LLC:
3.75% 2/15/31 (b)	2,580,000	2,303,149
3.75% 1/15/32 (b)(c)	280,000	248,121
DPL, Inc. 4.35% 4/15/29	185,000	173,729
NextEra Energy Partners LP 7.25% 1/15/29 (b)(c)	2,495,000	2,566,374
NRG Energy, Inc.:
3.375% 2/15/29 (b)	2,360,000	2,151,940
3.625% 2/15/31 (b)	790,000	699,424
5.25% 6/15/29 (b)	2,565,000	2,506,521
5.75% 7/15/29	1,390,000	1,369,150
6.25% 11/1/34 (b)	1,460,000	1,458,463
PG&E Corp.:
5% 7/1/28 (c)	4,420,000	4,311,039
5.25% 7/1/30	5,970,000	5,818,035
Pike Corp.:
5.5% 9/1/28 (b)	1,847,000	1,809,765
8.625% 1/31/31 (b)	1,425,000	1,514,028
Vistra Operations Co. LLC:
5% 7/31/27 (b)	2,849,000	2,811,520
5.5% 9/1/26 (b)	1,130,000	1,126,590
5.625% 2/15/27 (b)	1,965,000	1,959,930
7.75% 10/15/31 (b)	2,445,000	2,582,833
		35,410,611
TOTAL NONCONVERTIBLE BONDS		1,224,836,416
TOTAL CORPORATE BONDS (Cost $1,276,279,377)		1,251,525,664

U.S. Treasury Obligations - 0.5%
	Principal Amount (a)	Value ($)
U.S. Treasury Notes 4.125% 11/15/32 (Cost $6,938,649)	6,995,000	6,941,991

Asset-Backed Securities - 0.3%
	Principal Amount (a)	Value ($)
Agl Clo 5 Ltd. Series 2024-5A Class ERR, CME Term SOFR 3 Month Index + 6.350% 10.9674% 7/20/34 (b)(d)(e)	100,000	100,096
Ares Loan Funding Vii Ltd. Series 2024-ALF7 Class E, CME Term SOFR 3 Month Index + 6.250% 10.7901% 10/22/37 (b)(d)(e)	125,000	127,015
Bbam U.S. Clo Iv Ltd. Series 2024-4A Class D, CME Term SOFR 3 Month Index + 6.250% 11.5729% 7/15/39 (b)(d)(e)	250,000	251,690
Birch Grove Clo 4 Ltd. Series 2024-4A Class ER, CME Term SOFR 3 Month Index + 6.500% 11.1559% 7/15/37 (b)(d)(e)	316,000	317,651
Birch Grove Clo 5 LLC Series 2024-5A Class ER, CME Term SOFR 3 Month Index + 6.750% 11.5989% 10/20/37 (b)(d)(e)	100,000	101,387
Carval Clo Xi-C Ltd. Series 2024-3A Class E, CME Term SOFR 3 Month Index + 6.350% 10.9214% 10/20/37 (b)(d)(e)	150,000	150,964
Croton Pk Clo Ltd. CME Term SOFR 3 Month Index + 5.550% 10.1997% 10/15/36 (b)(d)(e)	558,000	564,000
Goldentree Loan Management U.S. CLO 21, Ltd. Series 2024-21A Class E, CME Term SOFR 3 Month Index + 5.700% 10.3174% 7/20/37 (b)(d)(e)	397,000	399,049
Golub Capital Partners Clo 76 B Lt Series 2024-76A Class E, CME Term SOFR 3 Month Index + 5.750% 10.4919% 10/25/37 (b)(d)(e)	213,000	214,189
Magnetite Xxix Ltd. Series 2024-29A Class ER, CME Term SOFR 3 Month Index + 6.000% 11.2417% 7/15/37 (b)(d)(e)	100,000	101,282
Midocean Credit Clo Xvi Series 2024-16A Class E, CME Term SOFR 3 Month Index + 6.250% 6.25% 10/20/37 (b)(d)(e)(f)	125,000	125,025
Orchard Park Clo Ltd. Series 2024-1A Class E, CME Term SOFR 3 Month Index + 5.600% 10.2529% 10/20/37 (b)(d)(e)	220,000	222,745
Palmer Square Clo 2024-2 Ltd. Series 2024-2A Class E, CME Term SOFR 3 Month Index + 5.700% 10.9939% 7/20/37 (b)(d)(e)	1,000,000	1,014,914
Palmer Square Ln Funding 2024-2 Lt Series 2024-2A Class D, CME Term SOFR 3 Month Index + 4.700% 6.2% 1/15/33 (b)(d)(e)(f)	269,000	269,000
Rr 31 Ltd. Series 2024-31A Class D, CME Term SOFR 3 Month Index + 6.000% 10.5928% 10/15/39 (b)(d)(e)	208,000	208,362
TOTAL ASSET-BACKED SECURITIES (Cost $4,131,449)		4,167,369

Commercial Mortgage Securities - 0.3%
	Principal Amount (a)	Value ($)
BX Commercial Mortgage Trust floater Series 2021-SOAR Class G, CME Term SOFR 1 Month Index + 2.910% 7.7185% 6/15/38 (b)(d)(e)	838,161	826,996
ELP Commercial Mortgage Trust floater Series 2021-ELP Class F, CME Term SOFR 1 Month Index + 2.780% 7.5855% 11/15/38 (b)(d)(e)	1,196,607	1,188,381
Extended Stay America Trust floater Series 2021-ESH Class F, CME Term SOFR 1 Month Index + 3.810% 8.6185% 7/15/38 (b)(d)(e)	477,316	479,103
Hilton U.S.A. Trust Series 2016-HHV Class F, 4.1935% 11/5/38 (b)(d)	772,000	728,917
MHP Commercial Mortgage Trust floater Series 2021-STOR Class F, CME Term SOFR 1 Month Index + 2.310% 7.1185% 7/15/38 (b)(d)(e)	1,791,000	1,771,971
TOTAL COMMERCIAL MORTGAGE SECURITIES (Cost $4,830,832)		4,995,368

Common Stocks - 2.0%
	Shares	Value ($)
Automotive & Auto Parts - 0.1%
Aptiv PLC (k)	12,300	699,009
Capital Goods - 0.0%
Chart Industries, Inc. (k)	3,500	422,520
Energy - 0.9%
California Resources Corp.	8,171	424,647
Mesquite Energy, Inc. (i)(k)	149,356	12,613,138
TOTAL ENERGY		13,037,785
Food & Drug Retail - 0.1%
Albertsons Companies, Inc.	35,300	638,930
Southeastern Grocers, Inc. rights (i)(k)	963,443	622,721
TOTAL FOOD & DRUG RETAIL		1,261,651
Healthcare - 0.1%
Cano Health, Inc. (i)	106,584	1,302,456
Cano Health, Inc. warrants (i)(k)	4,738	18,762
Centene Corp. (k)	12,700	790,702
TOTAL HEALTHCARE		2,111,920
Metals/Mining - 0.0%
Elah Holdings, Inc. (k)	333	11,655
Services - 0.1%
CoreCivic, Inc. (k)	40,300	556,543
The GEO Group, Inc. (k)	35,900	544,962
TOTAL SERVICES		1,101,505
Technology - 0.2%
Coherent Corp. (k)	15,300	1,414,332
MKS Instruments, Inc.	5,900	586,047
ON Semiconductor Corp. (k)	17,500	1,233,575
TOTAL TECHNOLOGY		3,233,954
Telecommunications - 0.5%
GTT Communications, Inc. (i)(k)	40,978	2,214,861
Helios Towers PLC (k)	2,493,500	3,421,019
SBA Communications Corp. Class A	5,600	1,285,032
TOTAL TELECOMMUNICATIONS		6,920,912
TOTAL COMMON STOCKS (Cost $17,811,405)		28,800,911

Bank Loan Obligations - 4.7%
	Principal Amount (a)	Value ($)
Automotive & Auto Parts - 0.0%
Power Stop LLC 1LN, term loan CME Term SOFR 3 Month Index + 4.750% 9.9072% 1/26/29 (d)(e)(l)	726,227	696,727
Broadcasting - 0.2%
Diamond Sports Group LLC:
1LN, term loan CME Term SOFR 1 Month Index + 8.000% 14.9441% 5/25/26 (d)(e)(l)	2,466,768	2,123,172
Tranche DIP term loan 10% 8/2/27 (l)	922,441	970,870
TOTAL BROADCASTING		3,094,042
Chemicals - 0.6%
Consolidated Energy Finance SA Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.500% 9.5572% 11/15/30 (d)(e)(l)	2,830,775	2,662,938
Discovery Purchaser Corp. 1LN, term loan CME Term SOFR 3 Month Index + 4.370% 8.9647% 10/4/29 (d)(e)(l)	1,886,615	1,883,087
Hexion Holdings Corp. 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.7711% 3/15/29 (d)(e)(l)	3,572,589	3,569,409
Olympus Water U.S. Holding Corp. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 8.1037% 6/23/31 (d)(e)(l)	1,306,874	1,308,181
TOTAL CHEMICALS		9,423,615
Consumer Products - 0.1%
Mattress Firm, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.250% 8.9235% 9/24/28 (d)(e)(l)	1,678,064	1,677,023
TripAdvisor, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.4352% 7/8/31 (d)(e)(l)	85,000	84,964
TOTAL CONSUMER PRODUCTS		1,761,987
Diversified Financial Services - 0.2%
Dragon Buyer, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8537% 9/30/31 (d)(e)(l)	155,000	153,983
Nexus Buyer LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 8.6852% 7/18/31 (d)(e)(l)	2,070,000	2,060,954
TOTAL DIVERSIFIED FINANCIAL SERVICES		2,214,937
Diversified Media - 0.1%
CMG Media Corp. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 8.2037% 12/17/26 (d)(e)(l)	1,278,359	1,165,224
Energy - 0.2%
EG America LLC Tranche BC 1LN, term loan CME Term SOFR 1 Month Index + 5.500% 10.4445% 2/7/28 (d)(e)(l)	2,334,543	2,335,126
Mesquite Energy, Inc.:
1LN, term loan 3 month U.S. LIBOR + 8.000% 0% (d)(e)(h)(i)(l)	2,735,146	0
term loan 0% (d)(h)(i)(l)	1,217,000	0
TOTAL ENERGY		2,335,126
Healthcare - 0.1%
Cano Health, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 8.000% 12.6037% 6/28/29 (d)(e)(l)	638,996	634,203
WCG Intermediate Corp. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.1852% 1/8/27 (d)(e)(l)	126,051	126,058
TOTAL HEALTHCARE		760,261
Insurance - 0.0%
Alliant Holdings Intermediate LLC Tranche B6 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 7.7592% 9/19/31 (d)(e)(l)	159,620	158,822
Leisure - 0.6%
City Football Group Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 7.8322% 7/21/30 (d)(e)(l)	3,232,501	3,192,095
ClubCorp Holdings, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 5.000% 9.8653% 9/18/26 (d)(e)(l)	2,130,290	2,132,058
United PF Holdings LLC 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.847% 12/30/26 (d)(e)(l)	3,086,920	2,965,388
TOTAL LEISURE		8,289,541
Metals/Mining - 0.3%
American Rock Salt Co. LLC:
1LN, term loan:
CME Term SOFR 3 Month Index + 4.000% 9.3188% 6/4/28 (d)(e)(l)	3,273,183	2,726,758
CME Term SOFR 3 Month Index + 6.500% 2% 6/12/28 (d)(e)(j)(l)	1,027,337	1,026,053
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 6.500% 11.8736% 6/12/28 (d)(e)(l)	960,375	959,174
TOTAL METALS/MINING		4,711,985
Paper - 0.0%
Clydesdale Acquisition Holdings, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 3.670% 7.8602% 4/13/29 (d)(e)(l)	345,893	344,942
Services - 1.0%
ABG Intermediate Holdings 2 LLC Tranche B1 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.4465% 12/21/28 (d)(e)(l)	634,350	635,460
Ascend Learning LLC:
2LN, term loan CME Term SOFR 1 Month Index + 5.750% 10.5352% 12/10/29 (d)(e)(l)	225,000	220,876
Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2852% 12/10/28 (d)(e)(l)	2,207,575	2,205,853
Brand Industrial Services, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.7477% 8/1/30 (d)(e)(l)	628,666	619,827
CoreLogic, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2996% 6/2/28 (d)(e)(l)	2,475,342	2,458,534
Ensemble RCM LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.000% 7.5854% 8/1/29 (d)(e)(l)	179,549	179,707
Finastra U.S.A., Inc. term loan CME Term SOFR 1 Month Index + 7.250% 12.1813% 9/13/29 (d)(e)(i)(l)	3,252,319	3,252,319
Spin Holdco, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 9.256% 3/4/28 (d)(e)(l)	5,687,782	4,923,116
TOTAL SERVICES		14,495,692
Super Retail - 0.5%
Great Outdoors Group LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.5496% 3/5/28 (d)(e)(l)	2,729,648	2,733,743
LBM Acquisition LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.6684% 6/6/31 (d)(e)(l)	3,913,456	3,853,776
TOTAL SUPER RETAIL		6,587,519
Technology - 0.5%
Applied Systems, Inc. Tranche 2LN, term loan CME Term SOFR 3 Month Index + 5.250% 9.8537% 2/23/32 (d)(e)(l)	25,000	25,681
Athenahealth Group, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.9352% 2/15/29 (d)(e)(l)	1,567,440	1,561,233
DH Corp./Societe term loan CME Term SOFR 3 Month Index + 7.250% 12.1813% 9/13/29 (d)(e)(i)(l)	75,956	75,956
Ellucian, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2852% 10/7/29 (d)(e)(l)	613,089	615,278
Leia Finco U.S. LLC 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8867% 10/9/31 (d)(e)(l)	2,770,000	2,743,076
Rackspace Finance LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 6.250% 11.1829% 5/15/28 (d)(e)(l)	523,067	532,111
UKG, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 7.6172% 2/10/31 (d)(e)(l)	2,456,824	2,458,839
TOTAL TECHNOLOGY		8,012,174
Telecommunications - 0.3%
GTT Communications, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 9.000% 13.9454% 6/30/28 (d)(e)(l)	1,993,314	1,483,365
Gtt Remainco LLC 1LN, term loan CME Term SOFR 1 Month Index + 7.000% 11.7852% 12/30/27 (d)(e)(l)	2,306,624	2,165,343
TOTAL TELECOMMUNICATIONS		3,648,708
Textiles/Apparel - 0.0%
Tory Burch LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.0496% 4/16/28 (d)(e)(l)	725,625	725,523
TOTAL BANK LOAN OBLIGATIONS (Cost $70,572,629)		68,426,825

Preferred Securities - 0.8%
	Principal Amount (a)	Value ($)
Banks & Thrifts - 0.7%
Ally Financial, Inc.:
4.7% (d)(m)	1,820,000	1,655,432
4.7% (d)(m)	1,785,000	1,466,024
Bank of America Corp. 5.875% (c)(d)(m)	2,195,000	2,231,662
Citigroup, Inc. 7.125% (d)(m)	2,535,000	2,681,791
Goldman Sachs Group, Inc. 6.125% (d)(m)	720,000	718,507
JPMorgan Chase & Co. 4.6% (d)(m)	1,580,000	1,590,597
Wells Fargo & Co. 7.625% (c)(d)(m)	615,000	667,053
TOTAL BANKS & THRIFTS		11,011,066
Diversified Financial Services - 0.1%
Aircastle Ltd. 5.25% (b)(d)(m)	225,000	222,691
Charles Schwab Corp. 4% (d)(m)	1,405,000	1,233,170
TOTAL DIVERSIFIED FINANCIAL SERVICES		1,455,861
TOTAL PREFERRED SECURITIES (Cost $10,764,027)		12,466,927

Fixed-Income Funds - 0.1%
	Shares	Value ($)
iShares Broad USD High Yield Corporate Bond ETF (Cost $1,417,590)	39,100	1,451,783

Other - 1.3%
	Shares	Value ($)
Other - 1.3%
Fidelity Private Credit Co. LLC (n)(o) (Cost $18,864,246)	1,893,451	19,085,978

Money Market Funds - 7.2%
	Shares	Value ($)
Fidelity Cash Central Fund 4.87% (p)	48,876,406	48,886,182
Fidelity Securities Lending Cash Central Fund 4.87% (p)(q)	55,613,401	55,618,963
TOTAL MONEY MARKET FUNDS (Cost $104,505,144)		104,505,145

Corporate Bonds - 85.6%
	Principal Amount (a)	Value ($)
Convertible Bonds - 1.7%
Automotive & Auto Parts - 0.2%
Rivian Automotive, Inc. 3.625% 10/15/30	3,418,000	2,643,481
Broadcasting - 0.6%
DISH Network Corp. 3.375% 8/15/26	12,477,000	10,475,849
Energy - 0.2%
NextEra Energy Partners LP:
0% 11/15/25 (b)	523,000	487,436
2.5% 6/15/26 (b)	1,722,000	1,612,725
Sunnova Energy International, Inc.:
0.25% 12/1/26	2,137,000	1,387,446
2.625% 2/15/28	294,000	152,315
		3,639,922
Homebuilders/Real Estate - 0.3%
Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp. 0.25% 6/15/26	1,318,000	1,142,047
Redfin Corp. 0.5% 4/1/27	4,807,000	3,461,040
		4,603,087
Technology - 0.3%
MKS Instruments, Inc. 1.25% 6/1/30 (b)	1,558,000	1,498,017
Wolfspeed, Inc. 1.875% 12/1/29	6,326,000	3,150,348
		4,648,365
Utilities - 0.1%
PG&E Corp. 4.25% 12/1/27 (b)	1,502,000	1,637,931
TOTAL CONVERTIBLE BONDS		27,648,635
Nonconvertible Bonds - 83.9%
Aerospace - 2.2%
Bombardier, Inc.:
7% 6/1/32 (b)	1,250,000	1,279,750
7.25% 7/1/31 (b)	2,255,000	2,329,771
7.875% 4/15/27 (b)	2,450,000	2,454,830
8.75% 11/15/30 (b)	1,250,000	1,354,395
BWX Technologies, Inc. 4.125% 6/30/28 (b)	4,425,000	4,222,867
Kaiser Aluminum Corp.:
4.5% 6/1/31 (b)(c)	280,000	249,958
4.625% 3/1/28 (b)	820,000	781,252
Moog, Inc. 4.25% 12/15/27 (b)	220,000	209,733
Spirit Aerosystems, Inc. 9.75% 11/15/30 (b)	1,145,000	1,271,034
TransDigm, Inc.:
4.625% 1/15/29	4,090,000	3,883,973
6% 1/15/33 (b)	920,000	911,963
6.375% 3/1/29 (b)	2,690,000	2,730,456
6.75% 8/15/28 (b)	2,050,000	2,096,125
6.875% 12/15/30 (b)	3,840,000	3,936,303
7.125% 12/1/31 (b)	885,000	915,774
VistaJet Malta Finance PLC / XO Management Holding, Inc.:
6.375% 2/1/30 (b)	4,879,000	4,176,400
7.875% 5/1/27 (b)	1,779,000	1,731,797
9.5% 6/1/28 (b)	1,145,000	1,124,827
		35,661,208
Air Transportation - 1.0%
Air Canada 3.875% 8/15/26 (b)	1,075,000	1,039,938
American Airlines, Inc.:
7.25% 2/15/28 (b)(c)	215,000	218,536
8.5% 5/15/29 (b)	1,465,000	1,539,615
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. 5.5% 4/20/26 (b)	2,262,500	2,255,701
JetBlue Airways Corp./JetBlue Loyalty LP 9.875% 9/20/31 (b)	1,805,000	1,875,700
Mileage Plus Holdings LLC 6.5% 6/20/27 (b)	401,500	405,463
Rand Parent LLC 8.5% 2/15/30 (b)(c)	7,653,000	7,636,163
Spirit Loyalty Cayman Ltd. / Spirit IP Cayman Ltd.:
8% 9/20/25 (b)	615,000	382,307
8% 9/20/25 (b)	1,985,000	1,233,949
		16,587,372
Automotive & Auto Parts - 1.9%
Aston Martin Capital Holdings Ltd. 10% 3/31/29 (b)	1,960,000	1,904,044
Belron UK Finance PLC 5.75% 10/15/29 (b)	2,580,000	2,585,650
Champions Financing, Inc. 8.75% 2/15/29 (b)	2,930,000	2,957,938
Hudson Automotive Group 8% 5/15/32 (b)	965,000	1,008,823
Macquarie AirFinance Holdings:
6.4% 3/26/29 (b)	2,090,000	2,153,735
6.5% 3/26/31 (b)	1,840,000	1,911,466
8.125% 3/30/29 (b)	2,535,000	2,681,617
8.375% 5/1/28 (b)	1,420,000	1,492,572
McLaren Finance PLC 7.5% 8/1/26 (b)	2,780,000	2,696,600
Rivian Holdco & Rivian LLC & Rivian Automotive LLC CME Term SOFR 6 Month Index + 6.050% 10.502% 10/15/26 (b)(d)(e)	2,365,000	2,367,807
Wand NewCo 3, Inc. 7.625% 1/30/32 (b)	2,070,000	2,139,570
ZF North America Capital, Inc.:
4.75% 4/29/25 (b)	1,930,000	1,915,213
6.75% 4/23/30 (b)	2,175,000	2,143,998
6.875% 4/14/28 (b)	810,000	817,001
6.875% 4/23/32 (b)	1,320,000	1,291,080
7.125% 4/14/30 (b)	810,000	814,641
		30,881,755
Banks & Thrifts - 1.1%
Ally Financial, Inc. 6.7% 2/14/33 (c)	3,380,000	3,394,268
Jane Street Group LLC/JSG Finance, Inc.:
4.5% 11/15/29 (b)	2,015,000	1,906,520
6.125% 11/1/32 (b)	1,560,000	1,561,010
7.125% 4/30/31 (b)	2,265,000	2,347,752
PHH Escrow Issuer LLC 9.875% 11/1/29 (b)(f)	170,000	166,600
UniCredit SpA:
5.459% 6/30/35 (b)(d)	2,591,000	2,499,074
5.861% 6/19/32 (b)(d)	745,000	742,325
VFH Parent LLC / Valor Co-Issuer, Inc. 7.5% 6/15/31 (b)	1,840,000	1,889,354
Western Alliance Bancorp. 3% 6/15/31 (d)	3,700,000	3,418,097
		17,925,000
Broadcasting - 1.3%
Clear Channel Outdoor Holdings, Inc.:
5.125% 8/15/27 (b)(c)	1,440,000	1,396,024
7.5% 6/1/29 (b)	1,925,000	1,645,119
7.875% 4/1/30 (b)	2,665,000	2,717,215
9% 9/15/28 (b)	2,690,000	2,825,374
Sirius XM Radio, Inc.:
4.125% 7/1/30 (b)	4,645,000	4,155,706
5.5% 7/1/29 (b)(c)	775,000	751,824
Univision Communications, Inc.:
4.5% 5/1/29 (b)	130,000	115,410
6.625% 6/1/27 (b)	2,495,000	2,475,438
7.375% 6/30/30 (b)	2,750,000	2,640,135
8% 8/15/28 (b)	1,215,000	1,234,740
8.5% 7/31/31 (b)	1,635,000	1,607,106
		21,564,091
Building Materials - 1.5%
Advanced Drain Systems, Inc.:
5% 9/30/27 (b)	350,000	343,658
6.375% 6/15/30 (b)(c)	1,330,000	1,340,663
AmeriTex Holdco Intermediate LLC 10.25% 10/15/28 (b)	395,000	415,615
Beacon Roofing Supply, Inc. 6.5% 8/1/30 (b)	1,565,000	1,590,779
Builders FirstSource, Inc.:
4.25% 2/1/32 (b)	3,750,000	3,354,705
6.375% 3/1/34 (b)	945,000	952,615
Eco Material Technologies, Inc. 7.875% 1/31/27 (b)	4,215,000	4,242,157
EMRLD Borrower LP / Emerald Co.:
6.625% 12/15/30 (b)	5,285,000	5,374,967
6.75% 7/15/31 (b)	1,065,000	1,088,741
MasterBrand, Inc. 7% 7/15/32 (b)	835,000	855,319
MITER Brands Acquisition Holdco, Inc. / MIWD Borrower LLC 6.75% 4/1/32 (b)	798,000	811,765
Oscar Acquisition Co. LLC / Oscar Finance, Inc. 9.5% 4/15/30 (b)	2,040,000	1,993,029
Smyrna Ready Mix Concrete LLC 8.875% 11/15/31 (b)	575,000	603,975
Star Holding LLC 8.75% 8/1/31 (b)	610,000	580,116
Summit Materials LLC/Summit Materials Finance Corp. 7.25% 1/15/31 (b)(c)	1,235,000	1,278,225
		24,826,329
Cable/Satellite TV - 2.3%
CCO Holdings LLC/CCO Holdings Capital Corp.:
4.25% 2/1/31 (b)	5,510,000	4,781,506
4.25% 1/15/34 (b)(c)	2,840,000	2,268,902
4.5% 8/15/30 (b)	2,435,000	2,174,793
4.5% 5/1/32 (c)	5,889,000	5,010,287
4.5% 6/1/33 (b)	5,460,000	4,540,504
4.75% 2/1/32 (b)(c)	390,000	337,175
CSC Holdings LLC:
3.375% 2/15/31 (b)	2,515,000	1,804,201
4.125% 12/1/30 (b)	3,145,000	2,321,424
4.5% 11/15/31 (b)	745,000	546,130
4.625% 12/1/30 (b)	6,555,000	3,296,393
5.375% 2/1/28 (b)	2,550,000	2,182,418
DISH DBS Corp. 5.875% 11/15/24	3,375,000	3,349,739
Telenet Finance Luxembourg Notes SARL 5.5% 3/1/28 (b)	1,400,000	1,362,788
VTR Finance BV 6.375% 7/15/28 (b)	1,230,000	1,175,031
Ziggo Bond Co. BV 6% 1/15/27 (b)	185,000	184,580
Ziggo BV 4.875% 1/15/30 (b)	1,730,000	1,604,116
		36,939,987
Capital Goods - 0.7%
Mueller Water Products, Inc. 4% 6/15/29 (b)	1,440,000	1,340,674
Patrick Industries, Inc. 6.375% 11/1/32 (b)	970,000	959,292
Regal Rexnord Corp. 6.3% 2/15/30	595,000	616,147
Resideo Funding, Inc. 6.5% 7/15/32 (b)	1,100,000	1,107,072
TK Elevator Holdco GmbH 7.625% 7/15/28 (b)	2,560,000	2,571,551
TK Elevator U.S. Newco, Inc. 5.25% 7/15/27 (b)	4,880,000	4,800,100
		11,394,836
Chemicals - 4.4%
Axalta Coating Systems Dutch Holding B BV 7.25% 2/15/31 (b)	730,000	762,883
Consolidated Energy Finance SA:
5.625% 10/15/28 (b)	525,000	427,838
12% 2/15/31 (b)	2,945,000	2,872,253
CVR Partners LP/CVR Nitrogen Finance Corp. 6.125% 6/15/28 (b)	3,015,000	2,892,790
Herens HoldCo Sarl 4.75% 5/15/28 (b)	875,000	764,665
INEOS Quattro Finance 2 PLC 9.625% 3/15/29 (b)	705,000	745,918
Kobe U.S. Midco 2, Inc. 9.25% 11/1/26 pay-in-kind (b)(d)	3,479,312	2,939,253
LSB Industries, Inc. 6.25% 10/15/28 (b)	1,210,000	1,170,585
Methanex Corp.:
5.125% 10/15/27	4,425,000	4,306,405
5.25% 12/15/29	1,430,000	1,380,104
5.65% 12/1/44	3,660,000	3,237,914
NOVA Chemicals Corp.:
4.25% 5/15/29 (b)	4,555,000	4,149,675
5.25% 6/1/27 (b)	3,354,000	3,291,929
8.5% 11/15/28 (b)	825,000	874,713
9% 2/15/30 (b)	955,000	1,017,143
Nufarm Australia Ltd. 5% 1/27/30 (b)	2,428,000	2,249,943
Olin Corp. 5% 2/1/30 (c)	5,195,000	4,958,235
Olympus Water U.S. Holding Corp.:
4.25% 10/1/28 (b)	1,641,000	1,544,517
6.25% 10/1/29 (b)	2,940,000	2,804,007
7.25% 6/15/31 (b)	775,000	795,158
9.75% 11/15/28 (b)	4,500,000	4,774,091
SCIH Salt Holdings, Inc.:
4.875% 5/1/28 (b)	690,000	660,700
6.625% 5/1/29 (b)	2,144,000	2,081,463
SCIL IV LLC / SCIL U.S.A. Holdings LLC 5.375% 11/1/26 (b)	3,235,000	3,195,439
The Chemours Co. LLC:
4.625% 11/15/29 (b)(c)	3,145,000	2,730,517
5.375% 5/15/27	1,830,000	1,761,967
5.75% 11/15/28 (b)	3,530,000	3,258,438
Tronox, Inc. 4.625% 3/15/29 (b)(c)	4,550,000	4,128,157
W.R. Grace Holding LLC 5.625% 8/15/29 (b)	5,025,000	4,641,430
		70,418,130
Consumer Products - 1.2%
Foundation Building Materials, Inc. 6% 3/1/29 (b)	938,000	828,755
Kohl's Corp. 4.25% 7/17/25	365,000	360,296
Kronos Acquisition Holdings, Inc.:
8.25% 6/30/31 (b)	930,000	920,994
10.75% 6/30/32 (b)	950,000	885,140
Newell Brands, Inc.:
6.375% 9/15/27 (c)	540,000	545,744
6.375% 5/15/30 (f)	1,610,000	1,617,358
6.625% 9/15/29 (c)	820,000	831,426
6.625% 5/15/32 (f)	1,370,000	1,373,956
6.875% 4/1/36 (c)(g)	410,000	408,007
7% 4/1/46 (g)	585,000	542,892
The Gates Corp. 6.875% 7/1/29 (b)	1,525,000	1,566,831
TKC Holdings, Inc.:
6.875% 5/15/28 (b)	2,575,000	2,535,098
10.5% 5/15/29 (b)	3,208,000	3,240,529
Wayfair LLC 7.25% 10/31/29 (b)(c)	1,545,000	1,563,404
Windsor Holdings III, LLC 8.5% 6/15/30 (b)	1,605,000	1,689,122
		18,909,552
Containers - 0.9%
ARD Finance SA 6.5% 6/30/27 pay-in-kind (b)(d)	1,187,000	250,754
Ardagh Packaging Finance PLC/Ardagh MP Holdings U.S.A., Inc. 4.125% 8/15/26 (b)	700,000	609,000
Ball Corp. 6% 6/15/29	507,000	514,868
Graham Packaging Co., Inc. 7.125% 8/15/28 (b)	940,000	914,408
Graphic Packaging International, Inc.:
3.75% 2/1/30 (b)	960,000	877,915
6.375% 7/15/32 (b)	1,550,000	1,563,835
LABL, Inc.:
5.875% 11/1/28 (b)(c)	450,000	417,797
9.5% 11/1/28 (b)	300,000	307,406
Mauser Packaging Solutions Holding Co. 7.875% 4/15/27 (b)	2,190,000	2,250,225
Sealed Air Corp.:
5% 4/15/29 (b)	2,580,000	2,492,201
6.5% 7/15/32 (b)	895,000	908,437
Sealed Air Corp./Sealed Air Corp. U.S. 7.25% 2/15/31 (b)(c)	1,425,000	1,479,476
Trivium Packaging Finance BV:
5.5% 8/15/26 (b)	180,000	178,405
8.5% 8/15/27 (b)	1,295,000	1,291,131
		14,055,858
Diversified Financial Services - 4.9%
Aercap Global Aviation Trust 6.5% 6/15/45 (b)(d)	1,500,000	1,498,447
Azorra Finance Ltd. 7.75% 4/15/30 (b)	1,755,000	1,733,383
Boost Newco Borrower LLC 7.5% 1/15/31 (b)	3,255,000	3,431,485
Capstone Borrower, Inc. 8% 6/15/30 (b)	633,000	661,576
Cargo Aircraft Management, Inc. 4.75% 2/1/28 (b)(c)	2,180,000	2,081,900
Coinbase Global, Inc. 3.625% 10/1/31 (b)(c)	2,320,000	1,934,742
Cruise Yacht Upper Holdco Ltd. 11.875% 7/5/28	600,000	614,872
Encore Capital Group, Inc.:
8.5% 5/15/30 (b)	3,400,000	3,584,280
9.25% 4/1/29 (b)	1,345,000	1,432,091
Fortress Transportation & Infrastructure Investors LLC:
5.875% 4/15/33 (b)	175,000	170,617
7% 6/15/32 (b)	735,000	754,112
7.875% 12/1/30 (b)	1,910,000	2,012,149
GGAM Finance Ltd.:
5.875% 3/15/30 (b)	1,725,000	1,697,507
6.875% 4/15/29 (b)	375,000	382,150
7.75% 5/15/26 (b)	1,385,000	1,409,330
8% 2/15/27 (b)	3,565,000	3,683,037
8% 6/15/28 (b)	4,200,000	4,427,947
Global Aircraft Leasing Co. Ltd. 8.75% 9/1/27 (b)	1,805,000	1,864,516
Gn Bondco LLC 9.5% 10/15/31 (b)(c)	1,205,000	1,279,555
Hightower Holding LLC:
6.75% 4/15/29 (b)	835,000	822,054
9.125% 1/31/30 (b)	3,160,000	3,331,648
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
4.375% 2/1/29	3,245,000	2,706,967
5.25% 5/15/27	6,556,000	6,107,645
6.25% 5/15/26	2,155,000	2,118,117
9% 6/15/30	485,000	468,390
Jefferies Finance LLC/JFIN Co-Issuer Corp. 5% 8/15/28 (b)	520,000	479,668
Jefferies Finance LLC/JFIN Co.-Issuer Corp. 6.625% 10/15/31 (b)	960,000	955,993
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.:
4.75% 6/15/29 (b)	2,550,000	2,429,449
5.25% 10/1/25 (b)	175,000	174,399
7% 7/15/31 (b)	1,565,000	1,623,144
Navient Corp.:
4.875% 3/15/28 (c)	375,000	357,313
5% 3/15/27 (c)	375,000	368,659
5.625% 8/1/33	550,000	474,608
OneMain Finance Corp.:
3.5% 1/15/27	2,675,000	2,552,963
3.875% 9/15/28	5,843,000	5,385,508
6.625% 5/15/29	360,000	360,000
7.125% 3/15/26	1,980,000	2,028,484
7.125% 11/15/31	160,000	161,788
9% 1/15/29	5,000	5,297
Optics Bidco SpA 7.2% 7/18/36 (b)	692,000	711,872
PRA Group, Inc. 8.875% 1/31/30 (b)(c)	1,070,000	1,110,132
Shift4 Payments LLC / Shift4 Payments Finance Sub, Inc. 6.75% 8/15/32 (b)	1,088,000	1,116,287
SLM Corp. 4.2% 10/29/25	945,000	927,617
StoneX Group, Inc. 7.875% 3/1/31 (b)	610,000	641,715
Williams Scotsman, Inc. 6.625% 6/15/29 (b)	2,355,000	2,390,735
Windstream Services LLC / Wind:
7.75% 8/15/28 (b)	2,215,000	2,227,258
8.25% 10/1/31 (b)	1,570,000	1,589,628
		78,281,034
Diversified Media - 0.4%
Advantage Sales & Marketing, Inc. 6.5% 11/15/28 (b)	3,885,000	3,636,362
Outfront Media Capital LLC / Corp. 7.375% 2/15/31 (b)(c)	2,295,000	2,423,509
		6,059,871
Energy - 11.9%
Aethon United BR LP / Aethon United Finance Corp. 7.5% 10/1/29 (b)	1,440,000	1,449,984
Alpha Generation LLC 6.75% 10/15/32 (b)	917,000	929,882
Antero Midstream Partners LP/Antero Midstream Finance Corp. 5.75% 3/1/27 (b)	730,000	728,636
Archrock Partners LP / Archrock Partners Finance Corp. 6.625% 9/1/32 (b)	1,585,000	1,592,166
Baytex Energy Corp. 7.375% 3/15/32 (b)	1,585,000	1,538,754
Blue Racer Midstream LLC/Blue Racer Finance Corp.:
7% 7/15/29 (b)	540,000	553,965
7.25% 7/15/32 (b)	155,000	160,116
California Buyer Ltd./Atlantica Sustainable Infrastructure PLC 6.375% 2/15/32 (b)(f)	3,010,000	2,989,198
California Resources Corp.:
7.125% 2/1/26 (b)(c)	394,000	395,284
8.25% 6/15/29 (b)	4,220,000	4,261,909
Calumet Specialty Products Partners LP/Calumet Finance Corp. 9.75% 7/15/28 (b)	800,000	821,912
Canacol Energy Ltd. 5.75% 11/24/28 (b)	3,709,000	1,924,044
Cheniere Energy Partners LP 5.75% 8/15/34 (b)(c)	1,840,000	1,859,712
Citgo Petroleum Corp.:
6.375% 6/15/26 (b)	3,110,000	3,110,289
8.375% 1/15/29 (b)	1,000,000	1,040,217
CNX Midstream Partners LP 4.75% 4/15/30 (b)	3,015,000	2,806,420
CNX Resources Corp.:
7.25% 3/1/32 (b)	2,185,000	2,251,398
7.375% 1/15/31 (b)(c)	855,000	878,887
Comstock Resources, Inc.:
5.875% 1/15/30 (b)	3,580,000	3,270,916
6.75% 3/1/29 (b)	2,490,000	2,384,593
CPI CG, Inc. 10% 7/15/29 (b)	835,000	874,664
CQP Holdco LP / BIP-V Chinook Holdco LLC 7.5% 12/15/33 (b)	3,192,000	3,377,197
Crescent Energy Finance LLC 7.625% 4/1/32 (b)	808,000	797,784
CrownRock LP/CrownRock Finance, Inc. 5% 5/1/29 (b)	3,265,000	3,301,548
CVR Energy, Inc.:
5.75% 2/15/28 (b)	3,675,000	3,351,242
8.5% 1/15/29 (b)	2,885,000	2,797,611
Delek Logistics Partners LP/Delek Logistics Finance Corp.:
7.125% 6/1/28 (b)	4,740,000	4,695,655
8.625% 3/15/29 (b)	2,305,000	2,365,025
DT Midstream, Inc.:
4.125% 6/15/29 (b)	575,000	539,958
4.375% 6/15/31 (b)	195,000	179,384
Energean Israel Finance Ltd.:
4.875% 3/30/26 (Reg. S) (b)	175,000	169,619
5.375% 3/30/28 (Reg. S) (b)	730,000	657,036
Energean PLC 6.5% 4/30/27 (b)	2,175,000	2,161,298
Energy Transfer LP:
6% 2/1/29 (b)	995,000	1,010,467
7.375% 2/1/31 (b)	1,355,000	1,425,896
EnfraGen Energia Sur SA 5.375% 12/30/30 (b)	1,848,000	1,591,128
EnLink Midstream LLC 6.5% 9/1/30 (b)(c)	4,155,000	4,375,926
EQM Midstream Partners LP:
4.75% 1/15/31 (b)	600,000	570,370
6.5% 7/1/27 (b)	610,000	623,954
Expand Energy Corp. 4.75% 2/1/32	3,505,000	3,294,448
Global Partners LP/GLP Finance Corp.:
6.875% 1/15/29 (c)	3,538,000	3,531,533
7% 8/1/27	2,975,000	2,984,249
8.25% 1/15/32 (b)	450,000	459,210
Gran Tierra Energy, Inc. 9.5% 10/15/29 (b)	2,520,000	2,318,400
Harbour Energy PLC 5.5% 10/15/26 (b)	540,000	536,646
Harvest Midstream I LP:
7.5% 9/1/28 (b)	3,565,000	3,606,338
7.5% 5/15/32 (b)	925,000	947,084
Hess Midstream Operations LP:
4.25% 2/15/30 (b)	1,030,000	961,761
5.125% 6/15/28 (b)	1,650,000	1,614,626
5.5% 10/15/30 (b)(c)	580,000	566,705
5.625% 2/15/26 (b)	3,510,000	3,501,560
6.5% 6/1/29 (b)	685,000	696,367
Howard Midstream Energy Partners LLC:
7.375% 7/15/32 (b)	1,100,000	1,122,252
8.875% 7/15/28 (b)(c)	2,800,000	2,954,179
Kinetik Holdings LP:
5.875% 6/15/30 (b)	2,270,000	2,252,525
6.625% 12/15/28 (b)	2,335,000	2,384,850
Kosmos Energy Ltd.:
7.5% 3/1/28 (b)	709,000	675,989
7.75% 5/1/27 (b)	380,000	372,519
8.75% 10/1/31 (b)	850,000	829,813
Matador Resources Co.:
6.25% 4/15/33 (b)(c)	875,000	856,300
6.5% 4/15/32 (b)	1,900,000	1,881,695
Moss Creek Resources Holdings, Inc. 8.25% 9/1/31 (b)(c)	2,470,000	2,420,097
Murphy Oil Corp. 6% 10/1/32	565,000	544,053
Nabors Industries, Inc.:
8.875% 8/15/31 (b)	955,000	902,880
9.125% 1/31/30 (b)	380,000	392,427
New Fortress Energy, Inc.:
6.5% 9/30/26 (b)	7,851,000	7,272,559
6.75% 9/15/25 (b)	4,343,000	4,334,692
Northern Oil & Gas, Inc.:
8.125% 3/1/28 (b)	2,370,000	2,393,001
8.75% 6/15/31 (b)	760,000	786,298
PBF Holding Co. LLC/PBF Finance Corp. 7.875% 9/15/30 (b)	4,382,000	4,374,513
Permian Resources Operating LLC:
5.875% 7/1/29 (b)	1,733,000	1,707,005
6.25% 2/1/33 (b)	730,000	724,740
7% 1/15/32 (b)	530,000	540,649
Petroleos Mexicanos 6.5% 3/13/27	2,117,000	2,072,310
Prairie Acquiror LP 9% 8/1/29 (b)	495,000	501,849
Rockies Express Pipeline LLC:
4.8% 5/15/30 (b)(c)	2,185,000	2,020,721
4.95% 7/15/29 (b)	3,370,000	3,165,700
6.875% 4/15/40 (b)	330,000	312,883
Seadrill Finance Ltd. 8.375% 8/1/30 (b)	740,000	755,678
Sitio Royalties OP / Sitio Finance Corp. 7.875% 11/1/28 (b)	1,000,000	1,038,088
SM Energy Co.:
6.75% 8/1/29 (b)	360,000	357,781
7% 8/1/32 (b)(c)	360,000	357,081
Sunnova Energy Corp.:
5.875% 9/1/26 (b)	3,625,000	3,240,059
11.75% 10/1/28 (b)	500,000	406,526
Sunoco Logistics Partners, LP:
7% 5/1/29 (b)	710,000	732,421
7.25% 5/1/32 (b)(c)	1,085,000	1,129,513
Sunoco LP/Sunoco Finance Corp.:
4.5% 5/15/29	2,585,000	2,457,804
5.875% 3/15/28	2,780,000	2,773,608
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.:
5.5% 1/15/28 (b)	2,805,000	2,693,854
6% 12/31/30 (b)	5,570,000	5,227,528
6% 9/1/31 (b)	4,265,000	3,956,247
Talos Production, Inc.:
9% 2/1/29 (b)	530,000	545,863
9.375% 2/1/31 (b)	950,000	978,116
TransMontaigne Partners LP 6.125% 2/15/26	1,580,000	1,554,162
Transocean Aquila Ltd. 8% 9/30/28 (b)	462,923	475,165
Transocean Poseidon Ltd. 6.875% 2/1/27 (b)	822,000	821,607
Transocean, Inc.:
8% 2/1/27 (b)	4,096,000	4,084,163
8.25% 5/15/29 (b)	1,315,000	1,322,113
8.5% 5/15/31 (b)	1,695,000	1,708,012
8.75% 2/15/30 (b)	1,062,500	1,100,919
Tullow Oil PLC:
7% 3/1/25 (b)	1,660,000	1,584,437
10.25% 5/15/26 (b)	1,701,000	1,562,794
U.S.A. Compression Partners LP/U.S.A. Compression Finance Corp. 7.125% 3/15/29 (b)	1,570,000	1,599,034
Valaris Ltd. 8.375% 4/30/30 (b)	3,400,000	3,449,640
Viper Energy, Inc. 7.375% 11/1/31 (b)	570,000	592,274
Viridien 8.75% 4/1/27 (b)	3,650,000	3,528,339
		192,662,296
Environmental - 0.8%
Clean Harbors, Inc. 6.375% 2/1/31 (b)	950,000	957,142
Darling Ingredients, Inc. 6% 6/15/30 (b)	1,345,000	1,335,752
GFL Environmental, Inc.:
3.75% 8/1/25 (b)	1,460,000	1,445,573
5.125% 12/15/26 (b)	1,460,000	1,445,499
6.75% 1/15/31 (b)	305,000	314,033
Madison IAQ LLC 5.875% 6/30/29 (b)	2,180,000	2,067,670
Reworld Holding Corp. 4.875% 12/1/29 (b)	2,860,000	2,671,211
Wrangler Holdco Corp. 6.625% 4/1/32 (b)	2,840,000	2,898,711
		13,135,591
Food & Drug Retail - 1.2%
Albertsons Companies LLC/Safeway, Inc./New Albertson's, Inc./Albertson's LLC:
3.5% 3/15/29 (b)	3,410,000	3,150,559
4.875% 2/15/30 (b)	4,380,000	4,266,152
Emergent BioSolutions, Inc. 3.875% 8/15/28 (b)	5,715,000	4,591,274
Murphy Oil U.S.A., Inc. 3.75% 2/15/31 (b)	1,315,000	1,168,523
Parkland Corp.:
4.5% 10/1/29 (b)	980,000	910,406
4.625% 5/1/30 (b)	4,735,000	4,352,091
6.625% 8/15/32 (b)	490,000	488,975
Walgreens Boots Alliance, Inc. 8.125% 8/15/29 (c)	1,060,000	1,057,178
		19,985,158
Food/Beverage/Tobacco - 2.4%
BellRing Brands, Inc. 7% 3/15/30 (b)	585,000	608,806
C&S Group Enterprises LLC 5% 12/15/28 (b)	3,320,000	2,748,049
Chobani Holdco II LLC 9.5% 10/1/29 pay-in-kind (b)(d)	1,225,000	1,263,767
Fiesta Purchaser, Inc.:
7.875% 3/1/31 (b)	1,455,000	1,525,870
9.625% 9/15/32 (b)	915,000	956,406
KeHE Distributor / Nextwave 9% 2/15/29 (b)	3,380,000	3,499,858
Lamb Weston Holdings, Inc.:
4.125% 1/31/30 (b)(c)	4,645,000	4,312,679
4.375% 1/31/32 (b)	735,000	673,345
Performance Food Group, Inc.:
5.5% 10/15/27 (b)	335,000	332,161
6.125% 9/15/32 (b)	2,600,000	2,610,878
Post Holdings, Inc.:
4.625% 4/15/30 (b)	2,035,000	1,901,884
5.5% 12/15/29 (b)	2,055,000	2,004,294
6.25% 2/15/32 (b)(c)	1,905,000	1,926,161
6.25% 10/15/34 (b)	885,000	875,223
6.375% 3/1/33 (b)	1,565,000	1,548,312
Sigma Holdco BV 7.875% 5/15/26 (b)	2,924,000	2,895,835
Triton Water Holdings, Inc. 6.25% 4/1/29 (b)	3,598,000	3,554,127
U.S. Foods, Inc.:
4.625% 6/1/30 (b)(c)	1,725,000	1,636,699
4.75% 2/15/29 (b)	1,695,000	1,632,852
5.75% 4/15/33 (b)	1,390,000	1,368,845
6.875% 9/15/28 (b)	1,000,000	1,027,910
United Natural Foods, Inc. 6.75% 10/15/28 (b)	480,000	463,200
		39,367,161
Gaming - 1.3%
Caesars Entertainment, Inc.:
6% 10/15/32 (b)	2,530,000	2,467,832
6.5% 2/15/32 (b)	2,840,000	2,880,087
8.125% 7/1/27 (b)	1,119,000	1,140,954
Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc. 6.75% 1/15/30 (b)	5,302,000	4,822,068
GLP Capital LP/GLP Financing II, Inc. 5.25% 6/1/25	795,000	792,592
Jacobs Entertainment, Inc. 6.75% 2/15/29 (b)	780,000	767,719
MGM Resorts International 6.5% 4/15/32 (c)	1,585,000	1,585,152
Mohegan Tribal Gaming Authority 8% 2/1/26 (b)	2,640,000	2,622,240
Station Casinos LLC:
4.5% 2/15/28 (b)	390,000	372,224
6.625% 3/15/32 (b)(c)	1,580,000	1,587,758
VICI Properties LP / VICI Note Co. 4.125% 8/15/30 (b)	1,285,000	1,190,650
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. 7.125% 2/15/31 (b)	735,000	773,209
		21,002,485
Healthcare - 7.7%
1375209 BC Ltd. 9% 1/30/28 (b)	3,058,000	3,052,385
180 Medical, Inc. 3.875% 10/15/29 (b)	1,435,000	1,334,647
AdaptHealth LLC 5.125% 3/1/30 (b)(c)	3,841,000	3,518,765
Akumin, Inc. 8% 8/1/28 (b)	950,000	771,875
AMN Healthcare 4% 4/15/29 (b)(c)	925,000	852,478
Avantor Funding, Inc.:
3.875% 11/1/29 (b)	1,830,000	1,687,829
4.625% 7/15/28 (b)	280,000	270,738
Bausch Health Americas, Inc. 9.25% 4/1/26 (b)	1,005,000	972,699
Bausch Health Companies, Inc.:
4.875% 6/1/28 (b)	2,360,000	1,823,596
5.25% 1/30/30 (b)	1,541,000	847,696
5.5% 11/1/25 (b)	6,832,000	6,704,788
9% 12/15/25 (b)	970,000	951,124
11% 9/30/28 (b)	1,465,000	1,348,034
Catalent Pharma Solutions 3.5% 4/1/30 (b)	1,295,000	1,253,412
Charles River Laboratories International, Inc.:
3.75% 3/15/29 (b)	1,300,000	1,191,727
4% 3/15/31 (b)	1,310,000	1,170,841
CHS/Community Health Systems, Inc.:
4.75% 2/15/31 (b)	5,555,000	4,632,700
5.25% 5/15/30 (b)	13,300,000	11,607,342
6% 1/15/29 (b)	600,000	565,042
6.125% 4/1/30 (b)	3,534,000	2,767,041
6.875% 4/15/29 (b)	3,619,000	3,056,442
CTR Partnership LP/CareTrust Capital Corp. 3.875% 6/30/28 (b)(c)	3,610,000	3,419,656
DaVita, Inc.:
4.625% 6/1/30 (b)	5,865,000	5,399,429
6.875% 9/1/32 (b)	2,635,000	2,648,731
Embecta Corp. 5% 2/15/30 (b)	354,000	320,429
Grifols SA 4.75% 10/15/28 (b)	810,000	746,403
HAH Group Holding Co. LLC 9.75% 10/1/31 (b)	3,165,000	3,224,898
IQVIA, Inc.:
5% 10/15/26 (b)	295,000	291,840
6.5% 5/15/30 (b)	1,525,000	1,566,524
Jazz Securities DAC 4.375% 1/15/29 (b)	2,600,000	2,460,362
LifePoint Health, Inc.:
5.375% 1/15/29 (b)	890,000	814,348
9.875% 8/15/30 (b)(c)	1,080,000	1,181,391
10% 6/1/32 (b)	715,000	762,877
Medline Borrower LP 3.875% 4/1/29 (b)	325,000	304,028
Medline Borrower LP / Medline Co. 6.25% 4/1/29 (b)	7,110,000	7,234,027
Modivcare, Inc. 5% 10/1/29 (b)	626,000	426,219
Molina Healthcare, Inc.:
3.875% 11/15/30 (b)	1,385,000	1,254,102
3.875% 5/15/32 (b)(c)	785,000	695,908
Omega Healthcare Investors, Inc. 3.25% 4/15/33	3,934,000	3,308,544
Organon & Co. / Organon Foreign Debt Co-Issuer BV:
4.125% 4/30/28 (b)	3,344,000	3,168,479
5.125% 4/30/31 (b)(c)	2,370,000	2,161,456
6.75% 5/15/34 (b)	380,000	380,721
7.875% 5/15/34 (b)	760,000	784,505
Pediatrix Medical Group, Inc. 5.375% 2/15/30 (b)	2,468,000	2,358,850
Prime Healthcare Services 9.375% 9/1/29 (b)(c)	810,000	823,167
Radiology Partners, Inc. 7.775% 1/31/29 pay-in-kind (b)(d)	3,986,548	3,926,750
Sotera Health Holdings LLC 7.375% 6/1/31 (b)	1,215,000	1,244,233
Surgery Center Holdings, Inc. 7.25% 4/15/32 (b)	2,965,000	3,044,474
Teleflex, Inc. 4.25% 6/1/28 (b)	1,275,000	1,222,333
Tenet Healthcare Corp.:
4.25% 6/1/29 (c)	3,575,000	3,382,034
4.375% 1/15/30	3,385,000	3,173,569
6.125% 10/1/28	3,245,000	3,241,912
6.125% 6/15/30	4,165,000	4,184,605
6.25% 2/1/27	610,000	610,469
6.75% 5/15/31 (c)	480,000	490,703
Teva Pharmaceutical Finance Netherlands III BV:
3.15% 10/1/26	1,775,000	1,692,092
7.875% 9/15/29	250,000	269,743
U.S. Acute Care Solutions 9.75% 5/15/29 (b)	1,000,000	1,019,976
		123,620,988
Homebuilders/Real Estate - 3.7%
Anywhere Real Estate Group LLC 7% 4/15/30 (b)(c)	1,194,400	1,046,644
Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp. 5.75% 1/15/29 (b)	975,000	803,145
Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp. 5.25% 4/15/30 (b)	429,000	327,172
Ashton Woods U.S.A. LLC/Ashton Woods Finance Co. 4.625% 8/1/29 (b)	2,060,000	1,925,412
ATP Tower Holdings LLC/Andean Tower Partners 4.05% 4/27/26 (b)	2,714,000	2,618,632
Beazer Homes U.S.A., Inc. 7.5% 3/15/31 (b)	1,255,000	1,290,174
Greystar Real Estate Partners 7.75% 9/1/30 (b)	750,000	785,839
HAT Holdings I LLC/HAT Holdings II LLC:
3.375% 6/15/26 (b)	1,730,000	1,670,323
8% 6/15/27 (b)	695,000	728,017
Howard Hughes Corp.:
4.125% 2/1/29 (b)	1,830,000	1,685,260
4.375% 2/1/31 (b)	765,000	685,552
Jones DesLauriers Insurance Management, Inc. 10.5% 12/15/30 (b)	365,000	393,191
Kennedy-Wilson, Inc. 4.75% 2/1/30 (c)	2,080,000	1,860,524
Landsea Homes Corp. 8.875% 4/1/29 (b)	780,000	795,798
LGI Homes, Inc.:
4% 7/15/29 (b)	965,000	863,894
8.75% 12/15/28 (b)	640,000	674,235
MPT Operating Partnership LP/MPT Finance Corp.:
3.5% 3/15/31	8,090,000	5,728,927
4.625% 8/1/29 (c)	2,525,000	1,963,722
5% 10/15/27 (c)	5,000,000	4,412,698
5.25% 8/1/26 (c)	3,410,000	3,225,415
Panther Escrow Issuer LLC 7.125% 6/1/31 (b)	2,295,000	2,349,806
Railworks Holdings LP 8.25% 11/15/28 (b)	3,585,000	3,669,433
Rithm Capital Corp.:
6.25% 10/15/25 (b)	368,000	367,107
8% 4/1/29 (b)	760,000	758,361
Safehold Operating Partnership LP:
2.8% 6/15/31	3,516,000	3,020,730
2.85% 1/15/32	2,255,000	1,912,368
Starwood Property Trust, Inc.:
3.625% 7/15/26 (b)	358,000	343,139
3.75% 12/31/24 (b)	1,150,000	1,145,060
4.75% 3/15/25	365,000	364,001
6% 4/15/30 (b)	1,430,000	1,401,717
7.25% 4/1/29 (b)(c)	940,000	961,894
Taylor Morrison Communities, Inc./Monarch Communities, Inc. 5.125% 8/1/30 (b)	535,000	517,423
TopBuild Corp. 4.125% 2/15/32 (b)	1,320,000	1,176,780
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC:
6.5% 2/15/29 (b)	5,405,000	4,653,218
10.5% 2/15/28 (b)	3,485,000	3,712,115
10.5% 2/15/28 (b)	89,000	94,800
		59,932,526
Hotels - 0.8%
Hilton Domestic Operating Co., Inc.:
3.625% 2/15/32 (b)	3,750,000	3,291,554
4% 5/1/31 (b)	2,055,000	1,871,926
5.875% 4/1/29 (b)	1,325,000	1,344,604
5.875% 3/15/33 (b)(c)	875,000	876,831
6.125% 4/1/32 (b)(c)	1,325,000	1,338,233
Hilton Grand Vacations Borrower Escrow LLC 6.625% 1/15/32 (b)	3,305,000	3,305,813
Lindblad Expeditions LLC 6.75% 2/15/27 (b)	395,000	396,868
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer 7% 2/1/30 (b)	1,085,000	1,111,461
		13,537,290
Insurance - 1.2%
Acrisure LLC / Acrisure Finance, Inc.:
4.25% 2/15/29 (b)(c)	585,000	550,107
7.5% 11/6/30 (b)	780,000	793,133
8.25% 2/1/29 (b)	830,000	843,511
8.5% 6/15/29 (b)	780,000	801,503
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer:
6.5% 10/1/31 (b)	355,000	351,522
6.75% 10/15/27 (b)	740,000	737,225
6.75% 4/15/28 (b)	735,000	738,462
7.375% 10/1/32 (b)	1,250,000	1,239,151
AmWINS Group, Inc.:
4.875% 6/30/29 (b)	1,910,000	1,797,691
6.375% 2/15/29 (b)(c)	1,590,000	1,597,847
APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Investor 2 LLC 7.875% 11/1/29 (b)	2,640,000	2,637,360
AssuredPartners, Inc.:
5.625% 1/15/29 (b)	2,915,000	2,758,237
7.5% 2/15/32 (b)	1,900,000	1,913,405
HUB International Ltd. 7.25% 6/15/30 (b)	1,965,000	2,030,676
		18,789,830
Leisure - 1.9%
Amer Sports Co. 6.75% 2/16/31 (b)(c)	3,595,000	3,652,132
Carnival Corp.:
6% 5/1/29 (b)	3,000,000	3,004,907
6.65% 1/15/28	670,000	682,774
10.5% 6/1/30 (b)	3,840,000	4,143,049
ClubCorp Holdings, Inc. 8.5% 9/15/25 (b)	930,000	911,400
MajorDrive Holdings IV LLC 6.375% 6/1/29 (b)	2,435,000	2,334,766
Merlin Entertainments Group 7.375% 2/15/31 (b)	750,000	735,390
NCL Corp. Ltd.:
3.625% 12/15/24 (b)	1,364,000	1,359,908
5.875% 3/15/26 (b)	1,435,000	1,433,430
Royal Caribbean Cruises Ltd.:
5.625% 9/30/31 (b)	2,460,000	2,446,104
6% 2/1/33 (b)	3,160,000	3,179,403
6.25% 3/15/32 (b)	3,225,000	3,287,955
Viking Cruises Ltd. 9.125% 7/15/31 (b)	535,000	577,788
Viking Ocean Cruises Ship VII Ltd. 5.625% 2/15/29 (b)	1,545,000	1,523,632
Voc Escrow Ltd. 5% 2/15/28 (b)	1,420,000	1,380,400
		30,653,038
Metals/Mining - 2.5%
Alcoa Nederland Holding BV 7.125% 3/15/31 (b)	6,344,000	6,614,610
Cleveland-Cliffs, Inc.:
6.875% 11/1/29 (b)	875,000	878,393
7% 3/15/32 (b)(c)	1,800,000	1,802,035
7.375% 5/1/33 (b)	875,000	881,475
Eldorado Gold Corp. 6.25% 9/1/29 (b)	1,340,000	1,321,401
ERO Copper Corp. 6.5% 2/15/30 (b)	4,860,000	4,774,950
First Quantum Minerals Ltd.:
6.875% 10/15/27 (b)	2,820,000	2,787,260
8.625% 6/1/31 (b)	1,625,000	1,637,188
9.375% 3/1/29 (b)	3,705,000	3,938,982
FMG Resources August 2006 Pty Ltd. 4.375% 4/1/31 (b)	730,000	664,560
HudBay Minerals, Inc. 4.5% 4/1/26 (b)	1,840,000	1,817,026
Mineral Resources Ltd.:
8% 11/1/27 (b)	1,980,000	2,030,282
8.5% 5/1/30 (b)	2,110,000	2,170,160
9.25% 10/1/28 (b)	1,360,000	1,431,776
Novelis Corp. 3.875% 8/15/31 (b)	740,000	649,883
Samarco Mineracao SA 9% 6/30/31 pay-in-kind (b)(d)	2,269,950	2,146,987
Vibrantz Technologies, Inc. 9% 2/15/30 (b)	3,065,000	2,871,415
Volcan Compania Minera SAA 8.75% 1/24/30 (b)	1,158,000	1,057,833
		39,476,216
Paper - 1.1%
Ahlstrom Holding 3 OY 4.875% 2/4/28 (b)	2,810,000	2,658,569
Ardagh Metal Packaging Finance U.S.A. LLC/Ardagh Metal Packaging Finance PLC:
4% 9/1/29 (b)	3,000,000	2,631,531
6% 6/15/27 (b)	2,930,000	2,921,705
Clydesdale Acquisition Holdings, Inc.:
6.625% 4/15/29 (b)	1,405,000	1,411,616
6.875% 1/15/30 (b)(c)	1,805,000	1,831,290
8.75% 4/15/30 (b)	2,422,000	2,459,541
Mativ Holdings, Inc. 8% 10/1/29 (b)	870,000	885,273
Mercer International, Inc. 5.125% 2/1/29 (c)	950,000	819,898
Rayonier AM Products, Inc. 7.625% 1/15/26 (b)	1,315,000	1,315,443
		16,934,866
Publishing/Printing - 0.1%
Cimpress PLC 7.375% 9/15/32 (b)	1,375,000	1,353,679
Railroad - 0.2%
Genesee & Wyoming, Inc. 6.25% 4/15/32 (b)	3,825,000	3,858,420
Restaurants - 0.9%
1011778 BC Unlimited Liability Co./New Red Finance, Inc.:
3.875% 1/15/28 (b)	1,265,000	1,205,727
4% 10/15/30 (b)	3,170,000	2,862,985
5.625% 9/15/29 (b)	3,210,000	3,201,890
6.125% 6/15/29 (b)	2,350,000	2,391,026
Yum! Brands, Inc.:
3.625% 3/15/31	380,000	344,113
4.625% 1/31/32	3,255,000	3,051,640
5.375% 4/1/32	585,000	569,388
		13,626,769
Services - 4.4%
ADT Corp. 4.125% 8/1/29 (b)	1,715,000	1,603,596
Allied Universal Holdco LLC 7.875% 2/15/31 (b)	2,945,000	2,997,047
Allied Universal Holdco LLC / Allied Universal Finance Corp.:
6% 6/1/29 (b)	2,635,000	2,411,028
9.75% 7/15/27 (b)	4,932,000	4,943,881
Aramark Services, Inc. 5% 2/1/28 (b)	760,000	746,278
Artera Services LLC 8.5% 2/15/31 (b)	8,961,000	8,880,797
ASGN, Inc. 4.625% 5/15/28 (b)	1,395,000	1,332,109
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.:
5.75% 7/15/27 (b)	185,000	181,598
8.25% 1/15/30 (b)(c)	355,000	362,675
Brand Industrial Services, Inc. 10.375% 8/1/30 (b)	6,275,000	6,652,422
CoreCivic, Inc.:
4.75% 10/15/27	3,160,000	3,010,803
8.25% 4/15/29	3,855,000	4,048,328
CoreLogic, Inc. 4.5% 5/1/28 (b)	1,395,000	1,309,931
Garda World Security Corp.:
8.25% 8/1/32 (b)	883,000	878,424
8.375% 11/15/32 (b)	1,010,000	1,009,917
Gartner, Inc. 4.5% 7/1/28 (b)	630,000	614,714
Life Time, Inc. 6% 11/15/31 (b)(f)	4,405,000	4,386,296
Neptune BidCo U.S., Inc. 9.29% 4/15/29 (b)	638,000	593,340
Service Corp. International:
4% 5/15/31	1,285,000	1,158,885
5.125% 6/1/29	810,000	794,728
5.75% 10/15/32	635,000	623,779
Sotheby's 7.375% 10/15/27 (b)	2,380,000	2,316,266
Staples, Inc.:
10.75% 9/1/29 (b)	2,894,000	2,798,449
12.75% 1/15/30 (b)	2,376,712	1,888,832
StoneMor, Inc. 8.5% 5/15/29 (b)	895,000	797,395
The GEO Group, Inc.:
8.625% 4/15/29	2,475,000	2,588,865
10.25% 4/15/31	2,115,000	2,266,874
TriNet Group, Inc.:
3.5% 3/1/29 (b)	4,635,000	4,214,647
7.125% 8/15/31 (b)	875,000	896,106
United Rentals North America, Inc. 6.125% 3/15/34 (b)(c)	3,160,000	3,186,370
WASH Multifamily Acquisition, Inc. 5.75% 4/15/26 (b)	2,175,000	2,169,631
		71,664,011
Steel - 0.4%
ATI, Inc. 7.25% 8/15/30	820,000	849,759
Commercial Metals Co.:
3.875% 2/15/31	880,000	790,004
4.125% 1/15/30	2,025,000	1,879,159
Vallourec SA 7.5% 4/15/32 (b)	3,201,000	3,352,692
		6,871,614
Super Retail - 1.7%
Bath & Body Works, Inc. 6.694% 1/15/27 (c)	1,123,000	1,149,538
Carvana Co.:
4.875% 9/1/29 (b)	1,322,000	1,107,488
5.5% 4/15/27 (b)	1,312,000	1,207,040
5.625% 10/1/25 (b)	2,159,000	2,132,170
5.875% 10/1/28 (b)	764,000	686,689
12% 12/1/28 pay-in-kind (b)(d)	1,812,189	1,916,683
13% 6/1/30 pay-in-kind (b)(d)	1,175,450	1,281,534
14% 6/1/31 pay-in-kind (b)(d)	3,118,811	3,718,334
EG Global Finance PLC 12% 11/30/28 (b)	5,170,000	5,748,507
LBM Acquisition LLC 6.25% 1/15/29 (b)	3,695,000	3,407,712
Levi Strauss & Co. 3.5% 3/1/31 (b)(c)	310,000	273,824
Michaels Companies, Inc. 5.25% 5/1/28 (b)	655,000	471,330
Nordstrom, Inc.:
4.25% 8/1/31	685,000	602,683
4.375% 4/1/30	435,000	394,301
Sally Holdings LLC 6.75% 3/1/32 (c)	1,590,000	1,609,813
Wolverine World Wide, Inc. 4% 8/15/29 (b)	2,074,000	1,773,460
		27,481,106
Technology - 6.6%
Acuris Finance U.S.:
5% 5/1/28 (b)	4,250,000	3,835,595
9% 8/1/29 (b)	787,000	771,417
Ahead DB Holdings LLC 6.625% 5/1/28 (b)	1,310,000	1,271,814
Amentum Holdings, Inc. 7.25% 8/1/32 (b)(c)	1,870,000	1,936,884
Block, Inc.:
3.5% 6/1/31	4,995,000	4,427,833
6.5% 5/15/32 (b)	4,765,000	4,849,650
Cloud Software Group, Inc.:
6.5% 3/31/29 (b)	959,000	936,525
8.25% 6/30/32 (b)	3,525,000	3,623,163
9% 9/30/29 (b)	7,578,000	7,577,312
Cogent Communications Group, Inc. 7% 6/15/27 (b)	2,400,000	2,413,414
Coherent Corp. 5% 12/15/29 (b)(c)	3,310,000	3,175,288
CommScope, Inc.:
4.75% 9/1/29 (b)	3,625,000	3,099,375
6% 3/1/26 (b)	445,000	434,412
Elastic NV 4.125% 7/15/29 (b)	878,000	812,481
Entegris, Inc.:
3.625% 5/1/29 (b)(c)	1,200,000	1,098,042
4.75% 4/15/29 (b)	500,000	484,379
5.95% 6/15/30 (b)	4,125,000	4,120,500
Gen Digital, Inc. 5% 4/15/25 (b)	1,480,000	1,475,937
Go Daddy Operating Co. LLC / GD Finance Co., Inc.:
3.5% 3/1/29 (b)	4,760,000	4,392,963
5.25% 12/1/27 (b)	855,000	845,014
Helios Software Holdings, Inc. / ION Corporate Solutions Finance Sarl 8.75% 5/1/29 (b)	1,256,000	1,275,119
HTA Group Ltd. 7.5% 6/4/29 (b)	6,710,000	6,818,031
Iliad Holding SAS:
7% 10/15/28 (b)	170,000	172,276
8.5% 4/15/31 (b)	2,690,000	2,874,429
Insight Enterprises, Inc. 6.625% 5/15/32 (b)	1,280,000	1,308,564
ION Trading Technologies Ltd. 5.75% 5/15/28 (b)	2,825,000	2,561,035
Lightning Power LLC 7.25% 8/15/32 (b)	1,475,000	1,534,503
Match Group Holdings II LLC:
3.625% 10/1/31 (b)(c)	440,000	385,492
4.125% 8/1/30 (b)	930,000	845,646
McAfee Corp. 7.375% 2/15/30 (b)	1,380,000	1,330,448
NCR Atleos Corp. 9.5% 4/1/29 (b)	1,465,000	1,612,387
ON Semiconductor Corp. 3.875% 9/1/28 (b)	305,000	285,998
Open Text Corp.:
3.875% 2/15/28 (b)	1,590,000	1,495,535
3.875% 12/1/29 (b)	905,000	825,638
Open Text Holdings, Inc.:
4.125% 2/15/30 (b)	3,045,000	2,795,445
4.125% 12/1/31 (b)(c)	3,020,000	2,712,275
Rackspace Finance LLC 3.5% 5/15/28 (b)	2,033,225	1,197,924
Roblox Corp. 3.875% 5/1/30 (b)	3,215,000	2,909,727
Seagate HDD Cayman:
5.75% 12/1/34	1,955,000	1,926,386
8.25% 12/15/29	715,000	769,203
8.5% 7/15/31	875,000	943,363
Sensata Technologies BV 4% 4/15/29 (b)	2,060,000	1,926,307
Sensata Technologies, Inc.:
3.75% 2/15/31 (b)	735,000	655,992
6.625% 7/15/32 (b)	1,735,000	1,757,790
TTM Technologies, Inc. 4% 3/1/29 (b)	4,105,000	3,837,808
UKG, Inc. 6.875% 2/1/31 (b)	1,955,000	2,002,920
Veritas U.S., Inc./Veritas Bermuda Ltd. 7.5% 9/1/25 (b)	1,197,000	1,139,203
Virtusa Corp. 7.125% 12/15/28 (b)	525,000	509,092
Western Digital Corp.:
2.85% 2/1/29	3,130,000	2,765,588
3.1% 2/1/32 (c)	1,300,000	1,087,501
4.75% 2/15/26	180,000	177,884
Wolfspeed, Inc. 4.2917% 6/23/30 pay-in-kind (b)(d)(h)(i)	2,825,000	2,712,000
		106,733,507
Telecommunications - 5.4%
Altice Financing SA 5.75% 8/15/29 (b)	9,632,000	7,899,450
Altice France Holding SA 6% 2/15/28 (b)	1,972,000	523,974
Altice France SA:
5.125% 1/15/29 (b)	4,950,000	3,707,279
5.125% 7/15/29 (b)	8,147,000	6,093,575
5.5% 1/15/28 (b)	1,790,000	1,389,042
5.5% 10/15/29 (b)	30,000	22,462
AXIAN Telecom 7.375% 2/16/27 (b)	982,000	986,603
C&W Senior Finance Ltd. 6.875% 9/15/27 (b)	4,268,000	4,225,677
Cablevision Lightpath LLC:
3.875% 9/15/27 (b)	1,330,000	1,263,285
5.625% 9/15/28 (b)	2,530,000	2,348,741
Consolidated Communications, Inc. 5% 10/1/28 (b)	2,005,000	1,854,463
Frontier Communications Holdings LLC:
5% 5/1/28 (b)	1,495,000	1,469,667
5.875% 10/15/27 (b)	1,190,000	1,187,450
5.875% 11/1/29	2,365,000	2,310,752
8.75% 5/15/30 (b)	2,415,000	2,556,579
IHS Holding Ltd.:
5.625% 11/29/26 (b)	1,586,000	1,553,550
6.25% 11/29/28 (b)	360,000	337,428
IHS Netherlands Holdco BV 8% 9/18/27 (b)	1,664,000	1,662,440
Intelsat Jackson Holdings SA 6.5% 3/15/30 (b)	2,690,000	2,527,474
LCPR Senior Secured Financing DAC:
5.125% 7/15/29 (b)	1,985,000	1,671,211
6.75% 10/15/27 (b)	2,995,000	2,813,996
Level 3 Financing, Inc.:
3.625% 1/15/29 (b)	625,000	468,642
3.875% 10/15/30 (b)	5,092,000	3,869,866
4% 4/15/31 (b)	175,000	132,125
4.25% 7/1/28 (b)	175,000	145,469
4.5% 4/1/30 (b)	1,950,000	1,559,886
4.625% 9/15/27 (b)	175,000	158,813
10.5% 5/15/30 (b)	3,258,000	3,563,438
11% 11/15/29 (b)	1,581,023	1,784,045
Liquid Telecommunications Financing PLC 5.5% 9/4/26 (b)	3,390,000	2,406,900
Millicom International Cellular SA:
4.5% 4/27/31 (b)	610,000	547,475
5.125% 1/15/28 (b)	1,453,500	1,404,444
7.375% 4/2/32 (b)	940,000	960,210
Sable International Finance Ltd. 7.125% 10/15/32 (b)	2,600,000	2,608,554
Sitios Latinoamerica S.A.B. de CV 5.375% 4/4/32 (b)	1,660,000	1,585,881
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC 6% 1/15/30 (b)	4,647,000	3,893,087
ViaSat, Inc. 5.625% 9/15/25 (b)	3,484,000	3,438,590
Virgin Media Secured Finance PLC 4.5% 8/15/30 (b)	4,685,000	4,103,081
VMED O2 UK Financing I PLC 4.25% 1/31/31 (b)	4,045,000	3,489,502
Zayo Group Holdings, Inc. 4% 3/1/27 (b)(c)	2,840,000	2,527,625
		87,052,731
Textiles/Apparel - 0.1%
Crocs, Inc. 4.125% 8/15/31 (b)(c)	864,000	756,840
Kontoor Brands, Inc. 4.125% 11/15/29 (b)	1,230,000	1,146,410
		1,903,250
Transportation Ex Air/Rail - 0.8%
Golar LNG Ltd.:
7% 10/20/25 (b)	3,344,000	3,371,053
7.75% 9/19/29 (Reg. S) (b)	2,400,000	2,387,184
Seaspan Corp. 5.5% 8/1/29 (b)	1,693,000	1,610,402
XPO, Inc.:
6.25% 6/1/28 (b)	460,000	466,952
7.125% 6/1/31 (b)(c)	760,000	786,624
7.125% 2/1/32 (b)(c)	2,815,000	2,924,321
Yinson Boronia Production BV 8.947% 7/31/42 (b)	905,000	958,295
		12,504,831
Utilities - 3.0%
Calpine Corp.:
4.625% 2/1/29 (b)	1,100,000	1,043,068
5.125% 3/15/28 (b)	1,285,000	1,255,875
Clearway Energy Operating LLC:
3.75% 2/15/31 (b)	3,795,000	3,387,771
3.75% 1/15/32 (b)(c)	385,000	341,166
4.75% 3/15/28 (b)	825,000	800,249
DPL, Inc.:
4.125% 7/1/25	2,005,000	1,987,625
4.35% 4/15/29	245,000	230,073
NextEra Energy Partners LP:
4.5% 9/15/27 (b)(c)	905,000	868,804
7.25% 1/15/29 (b)(c)	490,000	504,017
NRG Energy, Inc.:
3.375% 2/15/29 (b)	2,565,000	2,338,867
3.625% 2/15/31 (b)	930,000	823,373
5.25% 6/15/29 (b)	2,640,000	2,579,811
5.75% 7/15/29	1,525,000	1,502,125
6% 2/1/33 (b)	1,760,000	1,750,259
6.25% 11/1/34 (b)	2,700,000	2,697,157
PG&E Corp.:
5.25% 7/1/30 (c)	11,165,000	10,880,797
7.375% 3/15/55 (d)	1,460,000	1,508,060
Pike Corp.:
5.5% 9/1/28 (b)	757,000	741,739
8.625% 1/31/31 (b)	3,042,000	3,232,052
Vistra Operations Co. LLC:
5% 7/31/27 (b)	1,945,000	1,919,413
5.5% 9/1/26 (b)	935,000	932,179
5.625% 2/15/27 (b)	2,700,000	2,693,033
6.875% 4/15/32 (b)	1,895,000	1,959,533
7.75% 10/15/31 (b)(c)	2,065,000	2,181,411
		48,158,457
TOTAL NONCONVERTIBLE BONDS		1,353,810,843
TOTAL CORPORATE BONDS (Cost $1,389,182,505)		1,381,459,478

U.S. Treasury Obligations - 1.9%
	Principal Amount (a)	Value ($)
U.S. Treasury Notes:
3.75% 5/31/30	800,000	782,688
4% 2/15/34	31,246,000	30,572,244
TOTAL U.S. TREASURY OBLIGATIONS (Cost $31,665,313)		31,354,932

Asset-Backed Securities - 0.1%
	Principal Amount (a)	Value ($)
Agl Clo 5 Ltd. Series 2024-5A Class ERR, CME Term SOFR 3 Month Index + 6.350% 10.9674% 7/20/34 (b)(d)(e)	100,000	100,096
Ares Loan Funding Vii Ltd. Series 2024-ALF7 Class E, CME Term SOFR 3 Month Index + 6.250% 10.7901% 10/22/37 (b)(d)(e)	141,000	143,273
Birch Grove Clo 5 LLC Series 2024-5A Class ER, CME Term SOFR 3 Month Index + 6.750% 11.5989% 10/20/37 (b)(d)(e)	108,000	109,497
Carlyle U.S. Clo 2024-6 Ltd. Series 2024-6A Class E, CME Term SOFR 3 Month Index + 5.750% 0% 10/25/37 (b)(d)(e)(f)	150,000	150,031
Carval Clo Xi-C Ltd. Series 2024-3A Class E, CME Term SOFR 3 Month Index + 6.350% 10.9214% 10/20/37 (b)(d)(e)	150,000	150,964
Croton Pk Clo Ltd. CME Term SOFR 3 Month Index + 5.550% 10.1997% 10/15/36 (b)(d)(e)	285,000	288,065
Golub Capital Partners Clo 76 B Lt Series 2024-76A Class E, CME Term SOFR 3 Month Index + 5.750% 10.4919% 10/25/37 (b)(d)(e)	175,000	175,977
Magnetite Xxix Ltd. Series 2024-29A Class ER, CME Term SOFR 3 Month Index + 6.000% 11.2417% 7/15/37 (b)(d)(e)	112,000	113,436
Midocean Credit Clo Xvi Series 2024-16A Class E, CME Term SOFR 3 Month Index + 6.250% 6.25% 10/20/37 (b)(d)(e)(f)	127,000	127,026
Orchard Park Clo Ltd. Series 2024-1A Class E, CME Term SOFR 3 Month Index + 5.600% 10.2529% 10/20/37 (b)(d)(e)	248,000	251,094
Palmer Square Ln Funding 2024-2 Lt Series 2024-2A Class D, CME Term SOFR 3 Month Index + 4.700% 6.2% 1/15/33 (b)(d)(e)(f)	285,000	285,000
Rr 31 Ltd. Series 2024-31A Class D, CME Term SOFR 3 Month Index + 6.000% 10.5928% 10/15/39 (b)(d)(e)	150,000	150,261
TOTAL ASSET-BACKED SECURITIES (Cost $2,031,449)		2,044,720

Commercial Mortgage Securities - 0.1%
	Principal Amount (a)	Value ($)
BX Commercial Mortgage Trust floater Series 2021-SOAR Class G, CME Term SOFR 1 Month Index + 2.910% 7.7185% 6/15/38 (b)(d)(e)	1,132,745	1,117,655
Hilton U.S.A. Trust Series 2016-HHV Class F, 4.1935% 11/5/38 (b)(d)	1,066,000	1,006,510
TOTAL COMMERCIAL MORTGAGE SECURITIES (Cost $2,037,534)		2,124,165

Common Stocks - 2.4%
	Shares	Value ($)
Automotive & Auto Parts - 0.0%
Aptiv PLC (j)	11,500	653,545
Energy - 1.3%
Cheniere Energy, Inc.	7,700	1,473,626
Mesquite Energy, Inc. (i)(j)	204,784	17,294,009
South Bow Corp.	72,400	1,807,985
TOTAL ENERGY		20,575,620
Food & Drug Retail - 0.0%
Southeastern Grocers, Inc. rights (i)(j)	1,184,833	765,817
Healthcare - 0.2%
Cano Health, Inc. (i)	153,538	1,876,234
Cano Health, Inc. warrants (i)(j)	8,312	32,916
Centene Corp. (j)	11,000	684,860
TOTAL HEALTHCARE		2,594,010
Leisure - 0.0%
Topgolf Callaway Brands Corp. (j)	77,600	753,496
Services - 0.1%
CoreCivic, Inc. (j)	58,700	810,647
The GEO Group, Inc. (j)	52,900	803,022
TOTAL SERVICES		1,613,669
Steel - 0.1%
Vallourec SA (j)	49,600	811,984
Technology - 0.2%
Coherent Corp. (j)	12,900	1,192,476
ON Semiconductor Corp. (j)	18,100	1,275,869
TOTAL TECHNOLOGY		2,468,345
Telecommunications - 0.5%
GTT Communications, Inc. (i)(j)	89,354	4,829,584
Helios Towers PLC (j)	2,752,362	3,776,171
TOTAL TELECOMMUNICATIONS		8,605,755
TOTAL COMMON STOCKS (Cost $27,391,941)		38,842,241

Bank Loan Obligations - 4.4%
	Principal Amount (a)	Value ($)
Aerospace - 0.1%
Azorra Soar Tlb Finance Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.1324% 10/18/29 (d)(e)(k)	875,000	873,906
Banks & Thrifts - 0.0%
Cpi Holdco B LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.250% 0% 5/19/31 (d)(e)(k)(l)	170,000	168,832
Broadcasting - 0.3%
Diamond Sports Group LLC:
1LN, term loan CME Term SOFR 1 Month Index + 8.000% 14.9441% 5/25/26 (d)(e)(k)	2,924,114	2,516,814
Tranche DIP term loan 10% 8/2/27 (k)	1,367,922	1,439,738
Sinclair Television Group, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 2.500% 7.2996% 9/30/26 (d)(e)(k)	1,000,000	963,750
TOTAL BROADCASTING		4,920,302
Chemicals - 0.4%
Discovery Purchaser Corp. 1LN, term loan CME Term SOFR 3 Month Index + 4.370% 8.9647% 10/4/29 (d)(e)(k)	1,473,544	1,470,788
Hexion Holdings Corp. 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.7711% 3/15/29 (d)(e)(k)	3,543,259	3,540,106
Hexion, Inc. 2LN, term loan CME Term SOFR 1 Month Index + 7.430% 12.2227% 3/15/30 (d)(e)(k)	360,000	325,440
M2S Group Intermediate Holding Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.750% 9.8518% 8/22/31 (d)(e)(k)	1,805,000	1,744,081
TOTAL CHEMICALS		7,080,415
Consumer Products - 0.2%
Mattress Firm, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.250% 8.9235% 9/24/28 (d)(e)(k)	887,625	887,075
Olaplex, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 0% 2/23/29 (d)(e)(k)(l)	350,000	337,946
TGP Holdings III LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.6811% 6/29/28 (d)(e)(k)	875,000	827,129
TKC Holdings, Inc. 1LN, term loan 13.5% 2/14/27 (d)(k)	1,021,411	873,306
TOTAL CONSUMER PRODUCTS		2,925,456
Energy - 0.6%
EG America LLC Tranche BC 1LN, term loan CME Term SOFR 1 Month Index + 5.500% 10.4445% 2/7/28 (d)(e)(k)	6,113,581	6,115,109
Enstall Group BV Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.750% 9.8653% 8/27/28 (d)(e)(k)	1,974,552	1,856,079
Mesquite Energy, Inc.:
1LN, term loan 3 month U.S. LIBOR + 8.000% 0% (d)(e)(i)(k)(m)	3,800,000	0
term loan 0% (d)(i)(k)(m)	1,620,000	0
Natgasoline LLC Tranche B, term loan CME Term SOFR 6 Month Index + 3.500% 9.016% 11/14/25 (d)(e)(k)	880,000	862,400
Win Waste Innovations Holdings Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.750% 7.5496% 3/25/28 (d)(e)(k)	1,752,680	1,665,450
TOTAL ENERGY		10,499,038
Food & Drug Retail - 0.1%
Upfield U.S.A. Corp. Tranche B7 1LN, term loan CME Term SOFR 1 Month Index + 4.250% 9.76% 1/3/28 (d)(e)(h)(k)	875,000	872,813
Healthcare - 0.2%
Cano Health, Inc. 1LN, term loan CME Term SOFR 1 Month Index + 8.000% 12.6037% 6/28/29 (d)(e)(k)	920,489	913,586
HAH Group Holding Co. LLC 1LN, term loan CME Term SOFR 1 Month Index + 5.000% 9.6852% 9/24/31 (d)(e)(k)	665,000	650,244
Modivcare, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.750% 9.3434% 7/1/31 (d)(e)(k)	1,456,350	1,399,916
TOTAL HEALTHCARE		2,963,746
Leisure - 0.8%
Bulldog Purchaser, Inc. Tranche B 2LN, term loan CME Term SOFR 3 Month Index + 6.750% 11.3537% 6/14/32 (d)(e)(k)	315,000	313,110
City Football Group Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 7.8322% 7/21/30 (d)(e)(k)	4,113,823	4,062,400
ClubCorp Holdings, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 5.000% 9.8653% 9/18/26 (d)(e)(k)	3,163,695	3,166,321
Crown Finance U.S., Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 5.000% 0% 10/31/31 (d)(e)(k)(l)	350,000	347,813
United PF Holdings LLC:
1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.847% 12/30/26 (d)(e)(k)	4,954,222	4,759,174
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 8.500% 13.347% 12/30/26 (d)(e)(k)	460,000	446,200
TOTAL LEISURE		13,095,018
Metals/Mining - 0.1%
American Rock Salt Co. LLC:
1LN, term loan:
CME Term SOFR 3 Month Index + 4.000% 9.3188% 6/4/28 (d)(e)(k)	565,615	471,192
CME Term SOFR 3 Month Index + 6.500% 2% 6/12/28 (d)(e)(h)(k)	177,527	177,305
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 6.500% 11.8736% 6/12/28 (d)(e)(k)	165,955	165,748
TOTAL METALS/MINING		814,245
Restaurants - 0.0%
Restaurant Technologies, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.250% 8.8537% 4/1/29 (d)(e)(k)	480,000	466,051
Services - 0.9%
Artera Services LLC Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.1037% 2/10/31 (d)(e)(k)	347,000	342,735
Ascend Learning LLC 2LN, term loan CME Term SOFR 1 Month Index + 5.750% 10.5352% 12/10/29 (d)(e)(k)	1,000,000	981,670
Brand Industrial Services, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.500% 9.7477% 8/1/30 (d)(e)(k)	1,394,549	1,374,942
CACI International, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 1.750% 0% 10/17/31 (d)(e)(k)(l)	40,000	40,000
CoreLogic, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.2996% 6/2/28 (d)(e)(k)	3,364,304	3,341,460
Finastra U.S.A., Inc. term loan CME Term SOFR 1 Month Index + 7.250% 12.1813% 9/13/29 (d)(e)(i)(k)	2,897,432	2,897,432
Life Time, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.500% 0% 10/22/31 (d)(e)(k)(l)	305,000	304,619
Spin Holdco, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 9.256% 3/4/28 (d)(e)(k)	6,047,969	5,234,880
Staples, Inc. Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 5.750% 10.6886% 9/10/29 (d)(e)(k)	675,000	623,410
TOTAL SERVICES		15,141,148
Super Retail - 0.2%
Great Outdoors Group LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.5496% 3/5/28 (d)(e)(k)	463,488	464,183
LBM Acquisition LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 8.6684% 6/6/31 (d)(e)(k)	3,538,820	3,484,853
TOTAL SUPER RETAIL		3,949,036
Technology - 0.5%
DH Corp./Societe term loan CME Term SOFR 3 Month Index + 7.250% 12.1813% 9/13/29 (d)(e)(i)(k)	67,668	67,668
Leia Finco U.S. LLC:
1LN, term loan CME Term SOFR 1 Month Index + 3.250% 7.8867% 10/9/31 (d)(e)(k)	1,195,000	1,183,385
2LN, term loan CME Term SOFR 1 Month Index + 5.250% 9.8867% 10/12/32 (d)(e)(k)	780,000	757,091
Polaris Newco LLC:
2LN, term loan CME Term SOFR 1 Month Index + 2.000% 14.1572% 6/4/29 (d)(e)(k)	1,091,000	1,067,358
Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 4.000% 8.847% 6/2/28 (d)(e)(k)	359,075	356,346
Rackspace Finance LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 6.250% 11.1829% 5/15/28 (d)(e)(k)	330,177	335,886
Weber-Stephen Products LLC Tranche B 1LN, term loan:
CME Term SOFR 1 Month Index + 3.250% 8.0496% 10/30/27 (d)(e)(k)	1,193,000	1,126,789
CME Term SOFR 1 Month Index + 4.250% 9.0352% 10/30/27 (d)(e)(k)	585,000	552,825
Zelis Payments Buyer, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 0% 10/27/31 (d)(e)(k)(l)	2,465,000	2,452,675
TOTAL TECHNOLOGY		7,900,023
TOTAL BANK LOAN OBLIGATIONS (Cost $70,804,665)		71,670,029

Preferred Securities - 1.7%
	Principal Amount (a)	Value ($)
Banks & Thrifts - 0.9%
Ally Financial, Inc.:
4.7% (d)(n)	2,270,000	2,064,742
4.7% (d)(n)	2,935,000	2,410,521
Bank of America Corp. 5.875% (c)(d)(n)	2,985,000	3,034,858
Citigroup, Inc. 7.125% (d)(n)	1,560,000	1,650,333
Goldman Sachs Group, Inc. 6.125% (d)(n)	323,000	322,330
JPMorgan Chase & Co. 4.6% (d)(n)	2,155,000	2,169,453
M&T Bank Corp.:
3.5% (c)(d)(n)	365,000	334,233
5.125% (d)(n)	710,000	717,394
Wells Fargo & Co. 6.85% (d)(n)	1,580,000	1,642,975
TOTAL BANKS & THRIFTS		14,346,839
Diversified Financial Services - 0.2%
Aircastle Ltd. 5.25% (b)(d)(n)	3,160,000	3,127,565
Energy - 0.3%
Energy Transfer LP 6.625% (d)(n)	1,225,000	1,216,334
Plains All American Pipeline LP CME Term SOFR 3 Month Index + 4.110% 9.4897% (c)(d)(e)(n)	4,375,000	4,436,073
TOTAL ENERGY		5,652,407
Homebuilders/Real Estate - 0.1%
Alliant Holdings LP 10% (d)(i)(n)	837,000	835,004
Services - 0.2%
Air Lease Corp.:
4.125% (d)(n)	3,435,000	3,243,699
6% (d)(n)	160,000	158,595
TOTAL SERVICES		3,402,294
TOTAL PREFERRED SECURITIES (Cost $23,767,854)		27,364,109

Other - 1.4%
	Shares	Value ($)
Other - 1.4%
Fidelity Private Credit Co. LLC (o)(p) (Cost $22,192,842)	2,227,530	22,453,506

Money Market Funds - 6.7%
	Shares	Value ($)
Fidelity Cash Central Fund 4.87% (q)	33,050,898	33,057,508
Fidelity Securities Lending Cash Central Fund 4.87% (q)(r)	74,220,105	74,227,528
TOTAL MONEY MARKET FUNDS (Cost $107,285,036)		107,285,036


Date of fiscal year end:	April 30

Date of reporting period:	October 31, 2024

	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Fidelity® Women's Leadership Fund	$ 34	0.66%

KEY FACTS
Fund Size	$148,487,329
Number of Holdings	113
Portfolio Turnover	26%

	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class Z	$ 31	0.60%

KEY FACTS
Fund Size	$2,767,692,910
Number of Holdings	926
Portfolio Turnover	59%


	SEMI-ANNUAL SHAREHOLDER REPORT \| AS OF OCTOBER 31, 2024
	Fidelity® Women's Leadership Fund Fidelity® Women's Leadership Fund : FWOMX

MARKET SECTORS (% of Fund's net assets)
Information Technology	30.0
Financials	13.2
Health Care	13.0
Industrials	11.5
Consumer Discretionary	11.3
Communication Services	6.1
Materials	3.8
Consumer Staples	3.2
Energy	2.9
Real Estate	1.9
Utilities	1.0

Common Stocks	97.6
Preferred Stocks	0.3
Short-Term Investments and Net Other Assets (Liabilities)	2.1

United States	93.8
China	1.3
Belgium	1.3
Australia	1.0
Germany	0.8
Italy	0.8
Canada	0.5
Norway	0.4
United Kingdom	0.1

TOP HOLDINGS (% of Fund's net assets)
Apple Inc	4.4
NVIDIA Corp	3.7
Microsoft Corp	3.6
Amazon.com Inc	2.6
Accenture Capital Inc Class A	2.1
Walt Disney Co/The	2.0
Salesforce Inc	1.8
Hologic Inc	1.7
JPMorgan Chase & Co	1.7
Progressive Corp/The	1.6
	25.2

Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2024 FMR LLC. All rights reserved.
		For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec 1.9915099.100 3396-TSRS-1224


	SEMI-ANNUAL SHAREHOLDER REPORT \| AS OF OCTOBER 31, 2024
	Fidelity® High Income Fund Fidelity Advisor® High Income Fund Class Z : FGUMX

U.S. Government and U.S. Government Agency Obligations	2.5
A	0.3
BBB	2.5
BB	32.9
B	37.4
CCC,CC,C	15.4
Not Rated	3.9
Equities	3.0
Short-Term Investments and Net Other Assets (Liabilities)	2.1

Corporate Bonds	86.1
Bank Loan Obligations	4.3
U.S. Treasury Obligations	2.5
Common Stocks	1.9
Preferred Securities	1.7
Alternative Funds	1.1
Asset-Backed Securities	0.2
CMOs and Other Mortgage Related Securities	0.1
Short-Term Investments and Net Other Assets (Liabilities)	2.1

United States	81.7
Canada	3.7
United Kingdom	2.4
France	1.3
Germany	0.9
Ireland	0.9
Luxembourg	0.9
Netherlands	0.7
Tanzania	0.6
Others	6.9

TOP HOLDINGS (% of Fund's net assets)
US Treasury Notes	2.5
CHS/Community Health Systems Inc	1.3
CCO Holdings LLC / CCO Holdings Capital Corp	1.3
Fidelity Private Credit Company LLC	1.1
TransDigm Inc	1.1
MPT Operating Partnership LP / MPT Finance Corp	1.0
Tenet Healthcare Corp	0.9
Carnival Corp	0.9
Vistra Operations Co LLC	0.8
NRG Energy Inc	0.8
	11.7


	SEMI-ANNUAL SHAREHOLDER REPORT \| AS OF OCTOBER 31, 2024
	Fidelity® Short Duration High Income Fund Fidelity Advisor® Short Duration High Income Fund Class I : FSFHX

	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class I	$ 39	0.75%

KEY FACTS
Fund Size	$249,300,191
Number of Holdings	487
Portfolio Turnover	47%

U.S. Government and U.S. Government Agency Obligations	1.4
A	0.2
BBB	5.0
BB	32.0
B	44.2
CCC,CC,C	8.0
Not Rated	2.7
Equities	0.2
Short-Term Investments and Net Other Assets (Liabilities)	6.3

Corporate Bonds	79.7
Bank Loan Obligations	11.5
U.S. Treasury Obligations	1.4
Preferred Securities	0.7
Common Stocks	0.2
Asset-Backed Securities	0.2
Short-Term Investments and Net Other Assets (Liabilities)	6.3

United States	88.7
Canada	4.3
United Kingdom	1.8
Ireland	0.7
Australia	0.6
Germany	0.5
Grand Cayman (UK Overseas Ter)	0.4
Switzerland	0.4
Netherlands	0.3
Others	2.3


	SEMI-ANNUAL SHAREHOLDER REPORT \| AS OF OCTOBER 31, 2024
	Fidelity® Focused High Income Fund Fidelity® Focused High Income Fund : FHIFX

	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Fidelity® Focused High Income Fund	$ 39	0.75%

KEY FACTS
Fund Size	$198,767,721
Number of Holdings	394
Portfolio Turnover	28%

A	0.1
BBB	6.5
BB	57.3
B	28.6
CCC,CC,C	2.3
Not Rated	1.5
Equities	0.1
Short-Term Investments and Net Other Assets (Liabilities)	3.6

Corporate Bonds	93.7
Bank Loan Obligations	1.5
Preferred Securities	0.9
Asset-Backed Securities	0.2
Common Stocks	0.1
Short-Term Investments and Net Other Assets (Liabilities)	3.6

United States	87.3
Canada	4.1
United Kingdom	1.9
Australia	1.5
Ireland	0.7
Hong Kong	0.7
Panama	0.5
Guatemala	0.4
France	0.4
Others	2.5

TOP HOLDINGS (% of Fund's net assets)
CCO Holdings LLC / CCO Holdings Capital Corp	2.0
Hilton Domestic Operating Co Inc	1.9
Hess Midstream Operations LP	1.7
Royal Caribbean Cruises Ltd	1.4
OneMain Finance Corp	1.4
Iron Mountain Inc	1.3
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC	1.3
Vistra Operations Co LLC	1.3
Yum! Brands Inc	1.2
Sirius XM Radio Inc	1.1
	14.6


	SEMI-ANNUAL SHAREHOLDER REPORT \| AS OF OCTOBER 31, 2024
	Fidelity® SAI High Income Fund Fidelity® SAI High Income Fund : FSHGX

	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Fidelity® SAI High Income Fund	$ 29	0.55%

KEY FACTS
Fund Size	$1,614,908,129
Number of Holdings	820
Portfolio Turnover	62%

U.S. Government and U.S. Government Agency Obligations	1.9
A	0.3
BBB	2.1
BB	34.5
B	34.6
CCC,CC,C	16.4
Not Rated	4.0
Equities	3.8
Short-Term Investments and Net Other Assets (Liabilities)	2.4

Corporate Bonds	85.6
Bank Loan Obligations	4.4
Common Stocks	2.4
U.S. Treasury Obligations	1.9
Preferred Securities	1.7
Alternative Funds	1.4
CMOs and Other Mortgage Related Securities	0.1
Asset-Backed Securities	0.1
Short-Term Investments and Net Other Assets (Liabilities)	2.4

United States	81.2
Canada	4.1
United Kingdom	2.7
France	1.4
Germany	0.9
Luxembourg	0.9
Ireland	0.9
Tanzania	0.6
Switzerland	0.6
Others	6.7