Janus Henderson Multi-Sector Income Fund

Schedule of Investments (unaudited)

September 30, 2022


Shares or Principal Amounts			Value
Asset-Backed/Commercial Mortgage-Backed Securities– 61.6%
	Aaset 2019-2 Trust, 6.4130%, 10/16/39 (144A)	$4,723,808	$2,031,332
	ACC Auto Trust 2021-A C, 3.7900%, 4/15/27 (144A)	6,000,000	5,645,612
	ACC Auto Trust 2021-A D, 6.1000%, 6/15/29 (144A)	3,700,000	3,482,480
	ACM Auto Trust 2022-1A C, 5.4800%, 4/20/29 (144A)	8,250,000	8,208,664
	Affirm Asset Securitization Trust 2021-A C, 1.6600%, 8/15/25 (144A)	7,630,000	7,461,323
	Affirm Asset Securitization Trust 2021-A D, 3.4900%, 8/15/25 (144A)	3,350,000	3,261,247
	Affirm Asset Securitization Trust 2021-A E, 5.6500%, 8/15/25 (144A)	2,010,000	1,960,940
	AGL CLO 1 Ltd 2021-10A D,
	ICE LIBOR USD 3 Month + 2.9000%, 5.4120%, 4/15/34 (144A)^‡	8,000,000	6,830,648
	Alaska Airlines 2020-1 Class A Pass Through Trust, 4.8000%, 8/15/27 (144A)	6,926,237	6,538,695
	Apidos CLO 2013-12A ER,
	ICE LIBOR USD 3 Month + 5.4000%, 7.9120%, 4/15/31 (144A)^‡	3,150,000	2,555,551
	Apidos CLO 2013-15A A1RR,
	ICE LIBOR USD 3 Month + 1.0100%, 3.7199%, 4/20/31 (144A)^‡	4,209,000	4,117,905
	Avis Budget Rental Car Funding AESOP LLC 2018-2A D, 3.0400%, 3/20/25 (144A)	13,000,000	12,343,985
	Avis Budget Rental Car Funding AESOP LLC 2019-2A D, 3.0400%, 9/22/25 (144A)	5,000,000	4,611,985
	Avis Budget Rental Car Funding AESOP LLC 2021-1A D, 3.7100%, 8/20/27 (144A)	6,000,000	5,108,591
	BAMLL Commercial Mortgage Securities Trust 2014-FRR4 CK29,
	0%, 5/27/23 (144A)	15,370,000	14,396,901
	Benefit Street Partners CLO Ltd 2016-10A CRR,
	ICE LIBOR USD 3 Month + 3.5000%, 6.2099%, 4/20/34 (144A)^‡	6,750,000	5,894,552
	Benefit Street Partners CLO Ltd 2016-10A DRR,
	ICE LIBOR USD 3 Month + 6.7500%, 9.4599%, 4/20/34 (144A)^‡	5,000,000	4,187,075
	Benefit Street Partners CLO Ltd 2020-21A ER,
	ICE LIBOR USD 3 Month + 6.7000%, 7.7443%, 10/15/34 (144A)^‡	3,000,000	2,538,345
	BlueMountain CLO XXVI Ltd 2019-24A ER,
	ICE LIBOR USD 3 Month + 6.8400%, 9.5499%, 4/20/34 (144A)^‡	6,500,000	5,453,812
	BlueMountain CLO XXVI Ltd 2019-25A D2R,
	ICE LIBOR USD 3 Month + 4.1500%, 6.6620%, 7/15/36 (144A)^‡	6,250,000	5,816,925
	BlueMountain CLO XXVI Ltd 2019-25A ER,
	ICE LIBOR USD 3 Month + 7.2500%, 8.2943%, 7/15/36 (144A)^‡	6,000,000	4,881,504
	BlueMountain CLO XXVI Ltd 2019-26A ER,
	ICE LIBOR USD 3 Month + 7.1300%, 9.8399%, 10/20/34 (144A)^‡	7,000,000	6,016,752
	BlueMountain CLO XXVI Ltd 2021-28A A,
	ICE LIBOR USD 3 Month + 1.2600%, 3.7720%, 4/15/34 (144A)^‡	5,000,000	4,809,845
	BPR Trust 2022-OANA D,
	CME Term SOFR 1 Month + 3.6950%, 6.5404%, 4/15/37 (144A)^‡	15,000,000	14,526,564
	Business Jet Securities LLC 2020-1A B, 3.9670%, 11/15/35 (144A)	4,861,232	4,343,326
	Business Jet Securities LLC 2021-1A B, 2.9180%, 4/15/36 (144A)	2,212,625	1,878,083
	Business Jet Securities LLC 2021-1A C, 5.0670%, 4/15/36 (144A)	2,126,716	1,938,972
	Business Jet Securities LLC 2022-1A C, 6.4130%, 6/15/37 (144A)	4,604,385	4,299,942
	BX Commercial Mortgage Trust 2019-MMP F,
	ICE LIBOR USD 1 Month + 2.7921%, 5.6101%, 8/15/36 (144A)^‡	12,935,269	12,334,604
	BX Commercial Mortgage Trust 2019-XL,
	ICE LIBOR USD 1 Month + 2.6500%, 5.4680%, 10/15/36 (144A)^‡	15,440,250	14,720,088
	BX Commercial Mortgage Trust 2021-21M E,
	ICE LIBOR USD 1 Month + 2.1710%, 4.9890%, 10/15/36 (144A)^‡	9,000,000	8,444,031
	BX Commercial Mortgage Trust 2021-ARIA E,
	ICE LIBOR USD 1 Month + 2.2445%, 5.0625%, 10/15/36 (144A)^‡	10,000,000	9,263,030
	BX Commercial Mortgage Trust 2021-LBA EJV,
	ICE LIBOR USD 1 Month + 2.0000%, 4.8180%, 2/15/36 (144A)^‡	11,200,000	10,349,625
	BX Commercial Mortgage Trust 2021-LBA EV,
	ICE LIBOR USD 1 Month + 2.0000%, 4.8180%, 2/15/36 (144A)^‡	9,000,000	8,316,666
	BX Commercial Mortgage Trust 2021-SOAR F,
	ICE LIBOR USD 1 Month + 2.3500%, 5.1680%, 6/15/38 (144A)^‡	7,129,989	6,695,287
	BX Commercial Mortgage Trust 2021-SOAR J,
	ICE LIBOR USD 1 Month + 3.7500%, 6.5680%, 6/15/38 (144A)^‡	9,229,088	8,576,727
	BX Commercial Mortgage Trust 2021-VINO G,
	ICE LIBOR USD 1 Month + 3.9523%, 6.7703%, 5/15/38 (144A)^‡	12,000,000	10,938,204
	BX Commercial Mortgage Trust 2021-VOLT F,
	ICE LIBOR USD 1 Month + 2.4000%, 5.2177%, 9/15/36 (144A)^‡	8,440,000	7,968,719
	BX Commercial Mortgage Trust 2021-VOLT G,
	ICE LIBOR USD 1 Month + 2.8500%, 5.6677%, 9/15/36 (144A)^‡	6,000,000	5,521,262
	Carlyle Global Markets Strategies 2012-3A CR2,
	ICE LIBOR USD 3 Month + 3.5000%, 5.9830%, 1/14/32 (144A)^‡	4,139,000	3,634,311
	CarMax Auto Owner Trust 2022-3 D, 6.2000%, 1/16/29	6,250,000	6,091,930
	Carvana Auto Receivables Trust 2019-2A XS, 0%, 4/15/26 (144A)^‡,¤	102,390,333	327,649
	Carvana Auto Receivables Trust 2019-4A XS, 0%, 10/15/26 (144A)^‡,¤	73,083,633	277,718
	Carvana Auto Receivables Trust 2021-N3 E, 3.1600%, 6/12/28 (144A)	12,890,000	11,247,615


Shares or Principal Amounts				Value
Asset-Backed/Commercial Mortgage-Backed Securities– (continued)
	Carvana Auto Receivables Trust 2021-N4 N, 2.9900%, 9/11/28 (144A)	$371,671		$371,481
	Castlelake Aircraft Securitization Trust 2016-1, 6.1500%, 8/15/41	488,415		341,891
	Castlelake Aircraft Securitization Trust 2018-1, 6.6250%, 6/15/43 (144A)	3,830,196		1,626,263
	CBAM CLO Management 2019-10A E,
	ICE LIBOR USD 3 Month + 7.0000%, 9.7099%, 4/20/32 (144A)^‡	3,000,000		2,355,495
	CBAM CLO Management 2020-13A A,
	ICE LIBOR USD 3 Month + 1.4300%, 4.1399%, 1/20/34 (144A)^‡	6,000,000		5,808,432
	CBAM CLO Management 2021-14A A,
	ICE LIBOR USD 3 Month + 1.1000%, 2.1627%, 4/20/34 (144A)^‡	15,000,000		14,315,430
	CBAM CLO Management 2021-14A D,
	ICE LIBOR USD 3 Month + 3.1000%, 4.1627%, 4/20/34 (144A)^‡	10,000,000		8,800,470
	CF Hippolyta Issuer LLC 2022-1A A1, 5.9700%, 8/15/62 (144A)	23,732,000		22,953,785
	CF Hippolyta Issuer LLC 2022-1A A2, 6.1100%, 8/15/62 (144A)	22,210,000		21,362,948
	Chase Auto Credit Linked Note 2021-3 E, 2.1020%, 2/26/29 (144A)	1,380,450		1,331,980
	Chase Auto Credit Linked Notes 2021-1 E, 2.3650%, 9/25/28 (144A)	1,646,726		1,608,048
	Chase Auto Credit Linked Notes 2021-1 F, 4.2800%, 9/25/28 (144A)	3,337,000		3,197,351
	Chase Mortgage Finance Corp 2021-CL1 M4,
	US 30 Day Average SOFR + 2.6500%, 4.9307%, 2/25/50 (144A)^‡	2,573,156		2,410,785
	Chase Mortgage Finance Corp 2021-CL1 M5,
	US 30 Day Average SOFR + 3.2500%, 5.5307%, 2/25/50 (144A)^‡	1,029,390		961,943
	CIFC Funding Ltd 2015-3A DR,
	ICE LIBOR USD 3 Month + 2.5000%, 5.2376%, 4/19/29 (144A)^‡	2,097,500		1,858,446
	CIFC Funding Ltd 2016-1A D2RR,
	ICE LIBOR USD 3 Month + 4.2500%, 6.9817%, 10/21/31 (144A)^‡	5,000,000		4,560,070
	CIM Retail Portfolio Trust 2021-RETL E,
	ICE LIBOR USD 1 Month + 3.7500%, 6.5680%, 8/15/36 (144A)^‡	3,900,000		3,740,950
	CIM Trust 2021-NR1 A1, 2.5690%, 7/25/55 (144A)^Ç	5,924,135		5,565,834
	Citigroup Commercial Mortgage Trust 2018-C5, 0.8353%, 6/10/51^‡,¤	33,040,709		1,066,421
	Citigroup Commercial Mortgage Trust 2021-PRM2 E,
	ICE LIBOR USD 1 Month + 2.4000%, 5.2180%, 10/15/36 (144A)^‡	2,000,000		1,899,653
	Citigroup Commercial Mortgage Trust 2021-PRM2 F,
	ICE LIBOR USD 1 Month + 3.7500%, 6.5680%, 10/15/36 (144A)^‡	6,000,000		5,724,862
	Citigroup Commercial Mortgage Trust 2021-PRM2 G,
	ICE LIBOR USD 1 Month + 4.5000%, 7.3180%, 10/15/36 (144A)^‡	6,000,000		5,807,784
	Citigroup Commercial Mortgage Trust 2021-PRM2 J,
	ICE LIBOR USD 1 Month + 5.4000%, 8.2180%, 10/15/36 (144A)^‡	6,000,000		5,648,087
	Coinstar Funding LLC 2017-1A A2, 5.2160%, 4/25/47 (144A)	12,777,038		12,369,104
	Cold Storage Trust 2020-ICE5 F,
	ICE LIBOR USD 1 Month + 3.4925%, 6.3102%, 11/15/37 (144A)^‡	12,828,026		12,208,991
	Cologix Data Centers Issuer LLC 2022-1CAN A2, 4.9400%, 1/25/52 (144A)	5,000,000	CAD	3,348,042
	COLT Funding LLC 2021-3R B1, 3.5630%, 12/25/64 (144A)^‡	2,547,000		1,794,057
	COLT Funding LLC 2021-3R B2, 4.5660%, 12/25/64 (144A)^‡	2,145,000		1,732,004
	Commercial Mortgage Pass-through Certificate 2022-LPF2 E,
	CME Term SOFR 1 Month + 5.9400%, 8.1900%, 10/15/39 (144A)^‡	1,500,000		1,499,346
	Commercial Mortgage Pass-through Certificates 2022-LPF2 D,
	CME Term SOFR 1 Month + 4.1920%, 6.4420%, 10/15/39 (144A)^‡	5,000,000		4,967,727
	Conn Funding II LP 2021-A B, 2.8700%, 5/15/26 (144A)	3,140,000		3,051,530
	Connecticut Avenue Securities Trust 2017-C05 1M2C,
	ICE LIBOR USD 1 Month + 2.2000%, 5.2840%, 1/25/30^‡	11,211,032		10,911,425
	Connecticut Avenue Securities Trust 2018-C05 1B1,
	ICE LIBOR USD 1 Month + 4.2500%, 7.3340%, 1/25/31^‡	5,692,259		5,623,371
	Connecticut Avenue Securities Trust 2018-R07 1B1,
	ICE LIBOR USD 1 Month + 4.3500%, 7.4340%, 4/25/31 (144A)^‡	4,000,000		3,977,851
	Connecticut Avenue Securities Trust 2019-R02,
	ICE LIBOR USD 1 Month + 2.3000%, 5.3840%, 8/25/31 (144A)^‡	129,484		129,189
	Connecticut Avenue Securities Trust 2019-R02,
	ICE LIBOR USD 1 Month + 4.1500%, 7.2340%, 8/25/31 (144A)^‡	20,849,000		20,796,877
	Connecticut Avenue Securities Trust 2019-R03 1B1,
	ICE LIBOR USD 1 Month + 4.1000%, 7.1840%, 9/25/31 (144A)^‡	13,230,669		13,100,270
	Connecticut Avenue Securities Trust 2019-R04 2B1,
	ICE LIBOR USD 1 Month + 5.2500%, 8.3340%, 6/25/39 (144A)^‡	5,337,908		5,424,737
	Connecticut Avenue Securities Trust 2019-R05,
	ICE LIBOR USD 1 Month + 4.1000%, 7.1840%, 7/25/39 (144A)^‡	8,641,110		8,639,459
	Connecticut Avenue Securities Trust 2021-R02 2B1,
	US 30 Day Average SOFR + 3.3000%, 5.5807%, 11/25/41 (144A)^‡	7,600,000		6,770,846
	Connecticut Avenue Securities Trust 2022-R01 1B1,
	US 30 Day Average SOFR + 3.1500%, 5.4307%, 12/25/41 (144A)^‡	13,477,000		11,628,775
	Connecticut Avenue Securities Trust 2022-R02 2B1,
	US 30 Day Average SOFR + 4.5000%, 6.7807%, 1/25/42 (144A)^‡	17,053,000		15,116,348
	Connecticut Avenue Securities Trust 2022-R04 1M1,
	US 30 Day Average SOFR + 2.0000%, 4.2807%, 3/25/42 (144A)^‡	11,893,359		11,779,623
	Connecticut Avenue Securities Trust 2022-R05 2B1,
	US 30 Day Average SOFR + 4.5000%, 6.7807%, 4/25/42 (144A)^‡	2,750,000		2,528,084
	Credit Suisse Commercial Mortgage Trust 2019-ICE4 F,
	ICE LIBOR USD 1 Month + 2.6500%, 5.4680%, 5/15/36 (144A)^‡	14,200,000		13,651,410


Shares or Principal Amounts			Value
Asset-Backed/Commercial Mortgage-Backed Securities– (continued)
	Credit Suisse Commercial Mortgage Trust 2020-TMIC A,
	ICE LIBOR USD 1 Month + 3.0000%, 5.8180%, 12/15/35 (144A)^‡	$15,000,000	$14,942,751
	Credit Suisse Commercial Mortgage Trust 2021-WEHO A,
	ICE LIBOR USD 1 Month + 3.9693%, 6.7873%, 4/15/23 (144A)^‡	11,636,002	11,221,539
	CSAIL 2021-C20 XA, 1.1697%, 3/15/54^‡,¤	60,454,810	3,765,331
	DBCCRE Mortgage Trust 2014-ARCP D, 5.0990%, 1/10/34 (144A)^‡	1,000,000	931,319
	DBCCRE Mortgage Trust 2014-ARCP E, 5.0990%, 1/10/34 (144A)^‡	2,848,000	2,589,388
	DBCCRE Mortgage Trust 2014-ARCP F, 5.0990%, 1/10/34 (144A)^‡	11,442,000	10,234,230
	Diamond Infrastructure Funding LLC 2021-1A B, 2.3550%, 4/15/49 (144A)	4,000,000	3,259,609
	Diamond Infrastructure Funding LLC 2021-1A C, 3.4750%, 4/15/49 (144A)	3,420,000	2,804,065
	Diamond Issuer LLC 2021-1A C, 3.7870%, 11/20/51 (144A)	5,000,000	4,060,701
	Diamond Resorts Owner Trust 2021-1A D, 3.8300%, 11/21/33 (144A)	707,972	673,215
	DROP Mortgage Trust 2021-FILE D,
	ICE LIBOR USD 1 Month + 2.7500%, 5.5700%, 10/15/43 (144A)^‡	15,000,000	13,798,789
	Dryden Senior Loan Fund 2020-83A D,
	ICE LIBOR USD 3 Month + 3.5000%, 6.2403%, 1/18/32 (144A)^‡	6,000,000	5,453,892
	ECAF I Ltd, 5.8020%, 6/15/40 (144A)	3,163,638	730,800
	Elmwood CLO VIII Ltd 2021-1A A,
	ICE LIBOR USD 3 Month + 1.2400%, 3.9499%, 1/20/34 (144A)^‡	5,000,000	4,816,130
	Elmwood CLO VIII Ltd 2021-1A D,
	ICE LIBOR USD 3 Month + 3.0000%, 5.7099%, 1/20/34 (144A)^‡	3,000,000	2,671,014
	Exeter Automobile Receivables Trust 2020-2A E, 7.1900%, 9/15/27 (144A)	6,794,000	6,802,519
	Extended Stay America Trust 2021-ESH E,
	ICE LIBOR USD 1 Month + 2.8500%, 5.6680%, 7/15/38 (144A)^‡	15,057,330	14,232,400
	ExteNet Issuer LLC, 5.2190%, 7/26/49 (144A)	4,000,000	3,729,625
	Fannie Mae REMICS, ICE LIBOR USD 1 Month + 55.0000%, 26.7960%, 10/25/40^‡	588,203	1,004,163
	Fannie Mae REMICS, 3.0000%, 5/25/48	16,093	14,511
	Fannie Mae REMICS, ICE LIBOR USD 1 Month + 6.0500%, 2.9660%, 8/25/48^‡,¤	7,528,009	855,362
	Flagstar Mortgage Trust 2021-13IN A17, 3.0000%, 12/30/51 (144A)^‡	16,175,882	13,156,510
	Flagstar Mortgage Trust 2021-13IN A2, 3.0000%, 12/30/51 (144A)^‡	41,671,671	34,524,137
	Foursight Capital Auto Receivables Trust 2020-1 F, 4.6200%, 6/15/27 (144A)	1,250,000	1,234,150
	Freddie Mac Multifamily Structured Credit Risk 2021-MN1 B1,
	US 30 Day Average SOFR + 7.7500%, 10.0307%, 1/25/51 (144A)^‡	1,000,000	971,187
	Freddie Mac Multifamily Structured Credit Risk 2021-MN1 M2,
	US 30 Day Average SOFR + 3.7500%, 6.0307%, 1/25/51 (144A)^‡	2,000,000	1,816,797
	Freddie Mac Multifamily Structured Credit Risk 2021-MN3 M2,
	US 30 Day Average SOFR + 4.0000%, 6.2807%, 11/25/51 (144A)^‡	10,000,000	8,900,651
	Freddie Mac Structured Agency Credit Risk Debt Notes 2018-DNA2 B1,
	ICE LIBOR USD 1 Month + 3.7000%, 6.7840%, 12/25/30 (144A)^‡	5,607,000	5,374,014
	Freddie Mac Structured Agency Credit Risk Debt Notes 2020-DNA3 B1,
	ICE LIBOR USD 1 Month + 5.1000%, 8.1840%, 6/25/50 (144A)^‡	5,944,168	5,976,486
	Freddie Mac Structured Agency Credit Risk Debt Notes 2020-HQA3 M2,
	ICE LIBOR USD 1 Month + 3.6000%, 6.6840%, 7/25/50 (144A)^‡	94,106	94,142
	Freddie Mac Structured Agency Credit Risk Debt Notes 2020-HQA4 B1,
	ICE LIBOR USD 1 Month + 5.2500%, 8.3340%, 9/25/50 (144A)^‡	8,939,000	8,899,531
	Freddie Mac Structured Agency Credit Risk Debt Notes 2020-HQA5 B1,
	US 30 Day Average SOFR + 4.0000%, 6.2807%, 11/25/50 (144A)^‡	5,441,430	4,999,699
	Freddie Mac Structured Agency Credit Risk Debt Notes 2021-DNA2 B2,
	US 30 Day Average SOFR + 6.0000%, 8.2807%, 8/25/33 (144A)^‡	12,308,000	10,277,938
	Freddie Mac Structured Agency Credit Risk Debt Notes 2021-DNA2 M2,
	US 30 Day Average SOFR + 2.3000%, 4.5807%, 8/25/33 (144A)^‡	1,483,000	1,454,193
	Freddie Mac Structured Agency Credit Risk Debt Notes 2021-DNA3 B2,
	US 30 Day Average SOFR + 6.2500%, 8.5307%, 10/25/33 (144A)^‡	20,836,000	17,909,809
	Freddie Mac Structured Agency Credit Risk Debt Notes 2021-DNA5 B1,
	US 30 Day Average SOFR + 3.0500%, 5.3307%, 1/25/34 (144A)^‡	6,624,000	5,718,883
	FREMF Mortgage Trust 2018-KF45,
	ICE LIBOR USD 1 Month + 1.9500%, 4.5034%, 3/25/25 (144A)^‡	424,907	420,740
	FREMF Mortgage Trust 2018-KL2P BPZ,
	ICE LIBOR USD 1 Month + 2.5000%, 5.0534%, 1/25/28 (144A)^‡	5,597,272	5,499,090
	FREMF Mortgage Trust 2018-KSW4 C,
	ICE LIBOR USD 1 Month + 5.0000%, 7.5534%, 10/25/28^‡	6,978,429	6,500,140
	FREMF Mortgage Trust 2019-KF70 C,
	ICE LIBOR USD 1 Month + 6.0000%, 8.5534%, 9/25/29 (144A)^‡	11,327,981	10,918,292
	FREMF Mortgage Trust 2019-KF72,
	ICE LIBOR USD 1 Month + 2.1000%, 4.6534%, 11/25/26 (144A)^‡	2,950,510	2,826,423
	Gam Resecuritization Trust 2021-FRR2 BK74, 0%, 9/27/51 (144A)^◊	11,000,000	7,159,087
	Gam Resecuritization Trust 2021-FRR2 CK74, 0%, 9/27/51 (144A)^◊	18,068,494	11,118,675
	GCAT 2022-INV1 A26, 3.0000%, 12/25/51 (144A)^‡	17,579,128	14,503,243
	Golden Tree Loan Management US CLO1 Ltd 2017-1A ER2,
	ICE LIBOR USD 3 Month + 6.5000%, 9.2099%, 4/20/34 (144A)^‡	5,000,000	4,207,395
	Government National Mortgage Association,
	ICE LIBOR USD 1 Month + 5.5500%, 2.5361%, 1/20/44^‡,¤	387,506	34,284
	Government National Mortgage Association,
	ICE LIBOR USD 1 Month + 6.1500%, 3.2109%, 10/16/55^‡,¤	509,152	31,730
	Government National Mortgage Association, 0.2858%, 1/16/60^‡,¤	12,625,900	380,590


Shares or Principal Amounts			Value
Asset-Backed/Commercial Mortgage-Backed Securities– (continued)
	Great Wolf Trust,
	ICE LIBOR USD 1 Month + 2.7320%, 5.5500%, 12/15/36 (144A)^‡	$19,500,000	$18,594,375
	Great Wolf Trust,
	ICE LIBOR USD 1 Month + 3.1310%, 5.9490%, 12/15/36 (144A)^‡	3,899,000	3,745,987
	GS Mortgage Securities Trust 2017-SLP F, 4.7443%, 10/10/32 (144A)^‡	6,500,000	6,341,307
	GS Mortgage Securities Trust 2017-SLP G, 4.7443%, 10/10/32 (144A)^‡	1,831,000	1,759,531
	GS Mortgage Securities Trust 2022-SHIP D,
	CME Term SOFR 1 Month + 1.6069%, 4.4523%, 8/15/36 (144A)^‡	20,000,000	19,377,981
	Hertz Vehicle Financing LLC 2021-1A D, 3.9800%, 12/26/25 (144A)	15,000,000	13,110,193
	HGI CRE CLO Ltd 2021-FL1 D,
	ICE LIBOR USD 1 Month + 2.3500%, 4.7369%, 6/16/36 (144A)^‡	5,000,000	4,655,076
	Highbridge Loan Management Ltd 10A-16 DR,
	ICE LIBOR USD 3 Month + 6.4100%, 9.1199%, 4/20/34 (144A)^‡	9,000,000	7,345,557
	Hilton Grand Vacations Trust 2022-1D D, 6.7900%, 6/20/34 (144A)	2,724,173	2,562,347
	Home Partners of America Trust 2021-2 F, 3.7990%, 12/17/26 (144A)	19,506,596	16,775,158
	Home Partners of America Trust 2021-3 F, 4.2420%, 1/17/41 (144A)	4,710,192	3,944,688
	Hotwire Funding LLC 2021-1 C, 4.4590%, 11/20/51 (144A)	3,000,000	2,536,347
	JP Morgan Chase Commercial Mortgage Sec Trust 2021-NYAH E,
	ICE LIBOR USD 1 Month + 1.8400%, 4.6580%, 6/15/38 (144A)^‡	5,000,000	4,708,778
	JP Morgan Chase Commercial Mortgage Sec Trust 2022-NLP D,
	CME Term SOFR 1 Month + 2.1664%, 5.0118%, 4/15/37 (144A)^‡	19,300,000	17,955,562
	Kayne CLO 10 Ltd 2021-10A A,
	ICE LIBOR USD 3 Month + 1.1700%, 3.9530%, 4/23/34 (144A)^‡	12,500,000	11,988,937
	LCM LP XIV, ICE LIBOR USD 3 Month + 1.0400%, 3.7499%, 7/20/31 (144A)^‡	4,640,000	4,486,838
	Lendbuzz Securitization Trust 2021-1A A, 4.2200%, 5/17/27 (144A)^‡	4,195,795	4,112,590
	Lendbuzz Securitization Trust 2021-1A A, 5.9900%, 12/15/28 (144A)^‡	5,594,000	5,432,537
	LFS LLC 2022-A B, 8.0000%, 5/15/34 (144A)	4,000,000	3,640,000
	Life Financial Services Trust 2021-BMR E,
	ICE LIBOR USD 1 Month + 1.7500%, 4.5680%, 3/15/38 (144A)^‡	17,693,463	16,610,293
	Life Financial Services Trust 2022-BMR2 D,
	CME Term SOFR 1 Month + 2.5419%, 5.3873%, 5/15/39 (144A)^‡	10,000,000	9,571,711
	LoanMe Trust SBL 2019-1, 10.0000%, 8/15/30 (144A)^Ç	6,993,534	6,946,071
	Longfellow Place CLO Ltd 2013-1A DRR,
	ICE LIBOR USD 3 Month + 4.5000%, 7.0120%, 4/15/29 (144A)^‡	3,000,000	2,809,809
	LUXE Commercial Mortgage Trust 2021-TRIP E,
	ICE LIBOR USD 1 Month + 2.7500%, 5.5680%, 10/15/38 (144A)^‡	8,000,000	7,521,752
	LUXE Commercial Mortgage Trust 2021-TRIP F,
	ICE LIBOR USD 1 Month + 3.2500%, 6.0680%, 10/15/38 (144A)^‡	8,000,000	7,314,205
	Luxury Lease Partners Auto Trust 2021-ARC2 A, 3.0000%, 7/15/27 (144A)	2,058,315	2,006,284
	Madison Park Funding Ltd 2016-22A DR,
	ICE LIBOR USD 3 Month + 3.5000%, 6.0120%, 1/15/33 (144A)^‡	8,500,000	7,702,513
	Madison Park Funding Ltd 2018-32A A1R,
	ICE LIBOR USD 3 Month + 1.0000%, 3.7590%, 1/22/31 (144A)^‡	10,000,000	9,732,860
	Madison Park Funding Ltd 2018-32A DR,
	ICE LIBOR USD 3 Month + 3.2000%, 5.9590%, 1/22/31 (144A)^‡	7,000,000	6,310,234
	MBRT 2019-MBR H1,
	ICE LIBOR USD 1 Month + 4.2500%, 7.0680%, 11/15/36 (144A)^‡	5,000,000	4,806,263
	MBRT 2019-MBR H2,
	ICE LIBOR USD 1 Month + 5.2000%, 8.0180%, 11/15/36 (144A)^‡	1,950,000	1,850,867
	MED Trust 2021-MDLN D,
	ICE LIBOR USD 1 Month + 2.0000%, 4.8180%, 11/15/38 (144A)^‡	18,386,000	17,417,172
	MED Trust 2021-MDLN F,
	ICE LIBOR USD 1 Month + 4.0000%, 6.8180%, 11/15/38 (144A)^‡	7,733,000	7,237,946
	MED Trust 2021-MDLN G,
	ICE LIBOR USD 1 Month + 5.2500%, 8.0680%, 11/15/38 (144A)^‡	15,000,000	13,921,414
	Mello Mortgage Capital Acceptance Trust 2021-INV4 A3,
	2.5000%, 12/25/51 (144A)^‡	3,586,853	2,861,624
	Mercury Financial Credit Card Master Trust 2021-1A B,
	2.3300%, 3/20/26 (144A)	5,000,000	4,692,454
	Mercury Financial Credit Card Master Trust 2021-1A C,
	4.2100%, 3/20/26 (144A)	4,000,000	3,655,960
	MHC Commercial Mortgage Trust 2021-MHC E,
	ICE LIBOR USD 1 Month + 2.1010%, 4.9190%, 4/15/38 (144A)^‡	3,000,000	2,831,624
	MHC Commercial Mortgage Trust 2021-MHC G,
	ICE LIBOR USD 1 Month + 3.2010%, 6.0190%, 4/15/38 (144A)^‡	10,620,000	9,878,373
	Mission Lane Credit Card Master Trust 2021-A B, 2.2400%, 9/15/26 (144A)	3,000,000	2,782,932
	Mission Lane Credit Card Master Trust 2021-A C, 4.7500%, 9/15/26 (144A)	5,000,000	4,625,798
	Multifamily Connecticut Avenue Securities Trust 2019-01,
	ICE LIBOR USD 1 Month + 3.2500%, 6.3340%, 10/25/49 (144A)^‡	18,297,401	17,190,512
	Multifamily Connecticut Avenue Securities Trust 2020-01,
	ICE LIBOR USD 1 Month + 3.7500%, 6.8340%, 3/25/50 (144A)^‡	15,446,000	14,415,319
	Multifamily Connecticut Avenue Securities Trust 2020-01 CE,
	ICE LIBOR USD 1 Month + 7.5000%, 10.5840%, 3/25/50 (144A)^‡	2,000,000	1,953,446
	MVW Owner Trust 2021-1WA D, 3.1700%, 1/22/41 (144A)	2,500,710	2,199,746
	NBC Funding LLC 2021-1 B, 4.9700%, 7/30/51 (144A)	3,000,000	2,507,970


Shares or Principal Amounts			Value
Asset-Backed/Commercial Mortgage-Backed Securities– (continued)
	Neuberger Berman CLO Ltd,
	ICE LIBOR USD 3 Month + 2.8000%, 5.5929%, 1/28/30 (144A)^‡	$6,000,000	$5,328,606
	New Residential Mortgage Loan Trust 2022-SFR1 F, 4.4430%, 2/17/39 (144A)	10,500,000	8,953,766
	NW Re-Remic Trust 2021-FRR1 BK88, 2.6740%, 12/18/51 (144A)^‡	20,000,000	15,163,730
	Oak Hill Credit Partners 2012-7A AR3,
	ICE LIBOR USD 3 Month + 1.0700%, 4.0540%, 2/20/34 (144A)^‡	5,000,000	4,789,695
	Oak Street Investment Grade Net Lease Fund 2020-1A B1,
	5.1100%, 11/20/50 (144A)	4,499,000	3,912,743
	Oak Street Investment Grade Net Lease Fund 2021-1A B1,
	4.2300%, 1/20/51 (144A)	2,400,000	2,155,675
	Oasis Securitization 2021-1A A, 2.5792%, 2/15/33 (144A)	1,528,834	1,507,764
	Oasis Securitization 2021-2A A, 2.1430%, 10/15/33 (144A)	5,645,016	5,487,712
	Oasis Securitization 2021-2A B, 5.1470%, 10/15/33 (144A)	5,645,616	5,489,682
	OCP CLO Ltd, ICE LIBOR USD 3 Month + 3.0000%, 5.7830%, 4/24/29 (144A)^‡	6,000,000	5,726,598
	Octagon Investment Partners 42 Ltd 2019-3A AR,
	ICE LIBOR USD 3 Month + 1.1400%, 3.6520%, 7/15/34 (144A)^‡	10,000,000	9,550,250
	Octagon Investment Partners 42 Ltd 2019-3A ER,
	ICE LIBOR USD 3 Month + 6.7500%, 9.2620%, 7/15/34 (144A)^‡	7,000,000	5,869,269
	Octagon Investment Partners 44 Ltd 2019-1A ER,
	ICE LIBOR USD 3 Month + 6.7500%, 7.7943%, 10/15/34 (144A)^‡	6,600,000	5,073,255
	Octagon Investment Partners XXI Ltd 2014-1A AAR3,
	ICE LIBOR USD 3 Month + 1.0000%, 3.9051%, 2/14/31 (144A)^‡	8,000,000	7,768,984
	Ondeck Asset Securitization Trust LLC 2021-1A C, 2.9700%, 5/17/27 (144A)	3,000,000	2,719,452
	Onslow Bay Financial LLC 2021-INV3 A3, 2.5000%, 10/25/51 (144A)^‡	5,458,937	4,377,623
	Pagaya AI Debt Selection Trust 2021-1 CERT, 0%, 11/15/27 (144A)^‡,¤	1,846,154	411,877
	Pagaya AI Debt Selection Trust 2022-1 C, 4.8880%, 10/15/29 (144A)	3,679,513	3,083,888
	Palmer Square Loan Funding 2022-2A D,
	CME Term SOFR 3 Month + 6.2000%, 0%, 10/15/30 (144A)^‡	5,000,000	4,399,750
	Palmer Square Loan Funding 2022-5A C,
	CME Term SOFR 3 Month + 3.9100%, 0%, 1/15/31 (144A)^‡	7,000,000	6,634,040
	Pawnee Equipment Receivables 2022-1 D, 7.2300%, 7/17/28 (144A)	5,000,000	4,874,935
	Pawnee Equipment Receivables 2022-1 E, 9.5000%, 9/17/29 (144A)	5,379,000	5,133,797
	Pawnee Equipment Receivables Series 2019-1 LLC, 3.8000%, 1/15/26 (144A)	4,467,000	4,374,303
	Pawnee Equipment Receivables Series 2020-1 LLC, 5.4300%, 7/15/27 (144A)	6,165,000	5,930,633
	Perimeter Master Note Business Trust, 5.2100%, 5/15/24 (144A)	2,250,000	2,179,027
	Point Securitization Trust 2021-1 A1, 3.2282%, 2/25/52 (144A)^‡	5,794,475	5,518,977
	Preston Ridge Partners Mortgage Trust 2021-10 A1, 2.4870%, 10/25/26 (144A)^Ç	9,702,102	8,788,113
	Preston Ridge Partners Mortgage Trust 2021-9 A1, 2.3630%, 10/25/26 (144A)^Ç	12,105,563	11,256,577
	Preston Ridge Partners Mortgage Trust 2022-2 A1, 5.0000%, 3/25/27 (144A)^Ç	7,825,798	7,583,309
	Pretium Mortgage Credit Partners LLC 2021-RN4 A1, 2.4871%, 10/25/51 (144A)^‡	17,503,504	16,278,259
	PRIMA Capital Ltd, 4.2500%, 12/25/50 (144A)	10,500,000	8,585,611
	PRIMA Capital Ltd 2021-9A C,
	ICE LIBOR USD 1 Month + 2.3500%, 5.3434%, 12/15/37 (144A)^‡	15,000,000	14,181,667
	Progress Residential Trust 2021-SFR11 F, 4.4200%, 1/17/39 (144A)	4,885,000	3,934,001
	Progress Residential Trust 2022-SFR1 F, 4.8800%, 2/17/41 (144A)	9,000,000	7,467,333
	Progress Residential Trust 2022-SFR3 F, 6.6000%, 4/17/39 (144A)	2,500,000	2,298,967
	Project Silver, 6.9000%, 7/15/44 (144A)^‡	898,315	426,779
	Raptor Aircraft Finance I LLC, 4.2130%, 8/23/44 (144A)	10,840,030	7,526,164
	Regatta XV Funding Ltd 2018-4A D,
	ICE LIBOR USD 3 Month + 6.5000%, 9.2830%, 10/25/31 (144A)^‡	2,350,000	1,874,745
	Sand Trust 2021-1A D,
	ICE LIBOR USD 3 Month + 3.5500%, 6.0620%, 10/15/34 (144A)^‡	8,000,000	6,955,680
	Santander Bank Auto Credit-Linked Notes 2022-B E, 8.6810%, 8/16/32 (144A)	5,500,000	5,507,744
	Santander Consumer Auto Receivables Trust 2020-BA, 4.1300%, 1/15/27 (144A)	1,500,000	1,443,198
	Santander Consumer Auto Receivables Trust 2021-AA E,
	3.2800%, 3/15/27 (144A)	1,750,000	1,629,122
	Santander Prime Auto Issuance Notes Trust 2018-A, 6.8000%, 9/15/25 (144A)	616,405	615,270
	SEB Funding LLC 2021-1A A2, 4.9690%, 1/30/52 (144A)	21,692,633	18,328,920
	Sierra Receivables Funding Co LLC 2020-2A D, 6.5900%, 7/20/37 (144A)	2,566,269	2,526,252
	Sierra Receivables Funding Co LLC 2021-1A D, 3.1700%, 11/20/37 (144A)	5,591,120	5,236,736
	Sierra Timeshare 2019-1 Receivables Funding LLC, 4.7500%, 1/20/36 (144A)	1,521,434	1,484,192
	Sierra Timeshare 2019-2 Receivables Funding LLC, 4.5400%, 5/20/36 (144A)	2,593,885	2,517,154
	Sprite Limited 2021-1 B, 5.1000%, 11/15/46 (144A)	5,545,440	4,387,913
	Sprite Limited 2021-1 C, 8.8350%, 11/15/46 (144A)	5,285,700	4,307,507
	Summit Issuer LLC 2020-1A B, 3.1790%, 12/20/50 (144A)	2,500,000	2,195,313
	Symphony CLO Ltd 2012-9A D2R2,
	ICE LIBOR USD 3 Month + 4.1000%, 6.8403%, 7/16/32 (144A)^‡	11,000,000	9,958,619
	Symphony CLO Ltd 2014-15A DR2,
	ICE LIBOR USD 3 Month + 4.0000%, 6.7403%, 1/17/32 (144A)^‡	2,000,000	1,798,268
	Symphony CLO Ltd 2021-26A ER,
	ICE LIBOR USD 3 Month + 7.5000%, 10.2099%, 4/20/33 (144A)^‡	10,000,000	8,256,100
	Thrust Engine Leasing 2021-1A A, 4.1630%, 7/15/40 (144A)	9,522,888	7,953,403
	Thunderbolt Aircraft Lease Ltd 2017-A B, 5.7500%, 5/17/32 (144A)^Ç	2,358,145	1,716,539
	TPI Re-Remic Trust 2022-FRR1 DK33, 0%, 7/25/46 (144A)^◊	2,237,000	2,039,527
	TPI Re-Remic Trust 2022-FRR1 DK34, 0%, 7/25/46 (144A)^◊	5,124,000	4,671,674


Shares or Principal Amounts				Value
Asset-Backed/Commercial Mortgage-Backed Securities– (continued)
	TPI Re-Remic Trust 2022-FRR1 DK35, 0%, 8/25/46 (144A)^◊	$2,639,000		$2,406,040
	TPI Re-Remic Trust 2022-FRR1 EK34, 0%, 7/25/46 (144A)^◊	5,000,000		4,503,359
	Tricolor Auto Securitization Trust 2022-1A E, 7.7900%, 8/16/27 (144A)	10,870,000		10,588,530
	TVEST LLC 2021-A B, 0%, 9/15/33 (144A)	6,550,000		4,852,567
	Upstart Securitization Trust 2019-2 C, 4.7830%, 9/20/29 (144A)	8,760,267		8,713,199
	Upstart Securitization Trust 2019-3 C, 5.3810%, 1/21/30 (144A)	18,328,519		18,191,262
	Upstart Securitization Trust 2020-3 C, 6.2500%, 11/20/30 (144A)	20,527,000		20,200,086
	Upstart Securitization Trust 2021-1 B, 1.8900%, 3/20/31 (144A)	2,400,000		2,333,487
	Upstart Securitization Trust 2021-1 C, 4.0600%, 3/20/31 (144A)	3,250,000		3,009,828
	VASA Trust 2021-VASA D,
	ICE LIBOR USD 1 Month + 2.1000%, 4.9180%, 7/15/39 (144A)^‡	7,000,000		6,504,352
	VASA Trust 2021-VASA F,
	ICE LIBOR USD 1 Month + 3.9000%, 6.7180%, 7/15/39 (144A)^‡	5,500,000		5,267,039
	VB-S1 Issuer LLC 2020-2A B, 3.2290%, 9/15/50 (144A)	5,750,000		5,209,053
	VB-S1 Issuer LLC 2020-2A C, 4.4590%, 9/15/50 (144A)	6,000,000		5,506,495
	Voya CLO Ltd 2014-4A CR2,
	ICE LIBOR USD 3 Month + 3.3500%, 5.8330%, 7/14/31 (144A)^‡	7,000,000		6,040,531
	Voya CLO Ltd 2018-2A E,
	ICE LIBOR USD 3 Month + 5.2500%, 6.2943%, 7/15/31 (144A)^‡	1,625,000		1,214,280
	Wells Fargo Commercial Mortgage Trust 2021-C61 XA, 1.5012%, 11/15/54^‡,¤	81,529,565		6,337,463
	Westgate Resorts 2018-4A C,
	ICE LIBOR USD 3 Month + 3.3000%, 6.0830%, 10/25/31 (144A)^‡	2,000,000		1,754,844
	Westgate Resorts 2022-1A D, 3.8380%, 8/20/36 (144A)	3,265,531		3,099,623
	Westlake Automobile Receivable Trust 2020-3A F, 5.1100%, 5/17/27 (144A)	7,000,000		6,819,117
	Westlake Automobile Receivable Trust 2021-3A E, 3.4200%, 4/15/27 (144A)	5,000,000		4,539,630
	Willis Engine Securitization Trust 2020-A B, 4.2120%, 3/15/45 (144A)	5,557,838		3,979,821
	Willis Engine Securitization Trust 2020-A C, 6.6570%, 3/15/45 (144A)	1,652,673		1,048,407
	Z Capital Credit Partners CLO 2018-1 Ltd,
	ICE LIBOR USD 3 Month + 2.4500%, 5.1903%, 1/16/31 (144A)^‡	1,250,000		1,218,166
	Z Capital Credit Partners CLO 2018-1A A2 Ltd,
	ICE LIBOR USD 3 Month + 1.5600%, 4.3003%, 1/16/31 (144A)^‡	3,090,000		3,035,251
Total Asset-Backed/Commercial Mortgage-Backed Securities (cost $1,830,953,284)				1,668,663,724
Bank Loans and Mezzanine Loans– 6.9%
Basic Industry – 0.6%
	Aruba Investments Holdings LLC,
	ICE LIBOR USD 1 Month + 7.7500%, 10.8340%, 11/24/28^‡	5,786,000		5,236,330
	Herens US Holdco Corp, ICE LIBOR USD 3 Month + 4.0000%, 7.6741%, 7/3/28^‡	7,615,625		6,758,867
	INEOS US Petrochem LLC, ICE LIBOR USD 1 Month + 2.7500%, 5.8653%, 1/29/26^‡	3,585,780		3,336,281
	Olympus Water US Holding Corp,
	CME Term SOFR 3 Month + 4.5000%, 8.1532%, 11/9/28^‡	1,985,112		1,830,651
				17,162,129
Brokerage – 0.3%
	Citadel Securities LP, CME Term SOFR 1 Month + 2.5000%, 5.6486%, 2/2/28^‡	7,348,433		7,126,143
Capital Goods – 0.8%
	Arcline FM Holdings LLC,
	ICE LIBOR USD 3 Month + 8.2500%, 10.5004%, 6/25/29^‡	12,859,010		11,958,879
	PECF USS Intermediate Holding III Corp,
	ICE LIBOR USD 1 Month + 4.2500%, 7.3653%, 12/15/28^‡	10,670,965		9,079,177
				21,038,056
Communications – 0.2%
	Directv Financing LLC, ICE LIBOR USD 1 Month + 5.0000%, 8.1153%, 8/2/27^ƒ,‡	6,322,184		5,874,131
Consumer Cyclical – 2.4%
	Boardriders Inc, ICE LIBOR USD 3 Month + 6.5000%, 9.3059%, 4/23/24^ƒ,‡	4,549,139		2,491,291
	Boardriders Inc,
	ICE LIBOR USD 3 Month + 8.0000%, 10.8667% (11.14% Cash or 10.87% PIK), 4/23/24^‡,Ø,¢	1,483		1,483
	Flutter Financing BV, CME Term SOFR 1 Month + 3.2500%, 5.8737%, 7/22/28^ƒ,‡	11,713,513		11,418,801
	Loire Finco Luxembourg, EURIBOR 12 Month + 3.0000%, 3.6850%, 4/21/27^‡	2,660,000	EUR	2,360,222
	Mic Glen LLC, ICE LIBOR USD 1 Month + 6.7500%, 9.8653%, 7/20/29^‡	7,907,942		7,532,315
	Olaplex Inc, CME Term SOFR 3 Month + 3.7500%, 6.3909%, 2/23/29^‡	6,284,250		6,048,591
	Rent-A-Center Inc, ICE LIBOR USD 1 Month + 3.2500%, 6.0625%, 2/17/28^‡	4,949,875		4,479,637
	Sovos Brands Intermediate Inc,
	ICE LIBOR USD 1 Month + 3.5000%, 6.6153%, 6/8/28^‡	3,495,764		3,320,976
	Stars Group Holdings BV, ICE LIBOR USD 3 Month + 2.2500%, 5.8919%, 7/21/26^‡	20,318,775		19,521,263
	Tacala Investment Corp, ICE LIBOR USD 1 Month + 7.5000%, 10.6153%, 2/4/28^‡	5,683,991		5,172,432
	Woof Holdings Inc, ICE LIBOR USD 3 Month + 7.2500%, 10.8153%, 12/21/28^‡	1,707,290		1,630,462
				63,977,473
Consumer Non-Cyclical – 1.1%
	Bayou Intermediate II LLC,
	ICE LIBOR USD 3 Month + 4.5000%, 7.3021%, 8/2/28^‡	8,955,000		8,417,700
	Eyecare Partners LLC, ICE LIBOR USD 3 Month + 6.7500%, 10.4241%, 11/15/29^‡	7,500,000		6,825,000
	Journey Personal Care Corp,
	ICE LIBOR USD 3 Month + 4.2500%, 7.9241%, 3/1/28^‡	3,393,806		2,132,430


Shares or Principal Amounts			Value
Bank Loans and Mezzanine Loans– (continued)
Consumer Non-Cyclical– (continued)
	Mamba Purchaser Inc, ICE LIBOR USD 1 Month + 6.5000%, 9.5519%, 10/15/29^‡	$4,000,000	$3,780,000
	National Mentor Holdings Inc,
	ICE LIBOR USD 3 Month + 7.2500%, 10.9300%, 3/2/29^‡	580,826	418,195
	Perrigo Investments LLC, CME Term SOFR 1 Month + 2.5000%, 5.6341%, 4/20/29^‡	5,000,000	4,912,500
	Surgery Center Holdings Inc,
	ICE LIBOR USD 1 Month + 3.7500%, 6.5100%, 8/31/26^‡	2,647,753	2,508,746
			28,994,571
Diversified Financial Services – 0.2%
	Luxembourg Investment Co 428 Sarl,
	CME Term SOFR 3 Month + 5.0000%, 8.5532%, 1/3/29^‡	8,327,195	6,828,300
Other Diversified Financial Services – 0.2%
	IGT Holding IV AB, ICE LIBOR USD 3 Month + 3.4000%, 7.0741%, 3/31/28^‡	5,456,925	5,184,079
Technology – 0.8%
	Acuris Finance US Inc, CME Term SOFR 3 Month + 4.0000%, 7.7032%, 2/16/28^‡	2,570,885	2,457,766
	Magenta Buyer LLC, ICE LIBOR USD 1 Month + 8.2500%, 11.3700%, 7/27/29^‡	8,900,000	8,150,887
	Mitchell International Inc,
	ICE LIBOR USD 3 Month + 3.7500%, 6.7340%, 10/15/28^‡	7,820,400	7,065,731
	Sunshine Software Merger Sub Inc,
	ICE LIBOR USD 1 Month + 3.7500%, 6.8653%, 10/16/28^‡	4,964,558	4,145,406
			21,819,790
Transportation – 0.3%
	First Student Bidco Inc, ICE LIBOR USD 3 Month + 3.0000%, 5.2316%, 7/21/28^‡	7,267,402	6,714,425
	First Student Bidco Inc, ICE LIBOR USD 3 Month + 3.0000%, 5.2316%, 7/21/28^‡	2,696,078	2,490,934
			9,205,359
Total Bank Loans and Mezzanine Loans (cost $204,294,177)			187,210,031
Corporate Bonds– 24.7%
Banking – 3.4%
	Banco La Hipotecaria SA, 5.5000%, 9/15/23 (144A)	5,700,000	5,642,943
	Banco La Hipotecaria SA, 4.1250%, 12/15/24 (144A)	5,000,000	4,729,900
	Bank of America Corp, SOFR + 2.0400%, 4.9480%, 7/22/28^‡	5,784,000	5,557,464
	Bank of America Corp, SOFR + 1.8300%, 4.5710%, 4/27/33^‡	6,997,000	6,267,119
	Bank of New York Mellon Corp,
	US Treasury Yield Curve Rate 5 Year + 4.3580%, 4.7000%^‡,µ	1,880,000	1,800,100
	Bank of Montreal,
	US Treasury Yield Curve Rate 5 Year + 1.4000%, 3.0880%, 1/10/37^‡	5,537,000	4,128,949
	Citigroup Inc, SOFR + 2.0860%, 4.9100%, 5/24/33^‡	5,688,000	5,232,936
	Citigroup Inc, US Treasury Yield Curve Rate 5 Year + 3.4170%, 3.8750%^‡,µ	5,310,000	4,378,785
	Commonwealth Bank of Australia, 3.7840%, 3/14/32 (144A)	7,269,000	5,792,965
	Credit Suisse Group AG, SOFR + 3.9200%, 6.5370%, 8/12/33 (144A)^‡	5,526,000	4,966,485
	HSBC Holdings PLC, SOFR + 1.9470%, 2.3570%, 8/18/31^‡	3,245,000	2,384,947
	JPMorgan Chase & Co, SOFR + 1.2600%, 2.9630%, 1/25/33^‡	3,163,000	2,486,386
	JPMorgan Chase & Co, SOFR + 1.8000%, 4.5860%, 4/26/33^‡	1,146,000	1,031,185
	JPMorgan Chase & Co, SOFR + 3.3800%, 5.0000%^‡,µ	2,163,000	1,950,485
	Mitsubishi UFJ Financial Group Inc,
	US Treasury Yield Curve Rate 1 Year + 1.9500%, 5.0170%, 7/20/28^‡	4,625,000	4,438,689
	Morgan Stanley, SOFR + 3.1200%, 3.6220%, 4/1/31^‡	3,996,000	3,453,459
	Morgan Stanley, SOFR + 1.2900%, 2.9430%, 1/21/33^‡	2,117,000	1,673,622
	Morgan Stanley, SOFR + 2.6200%, 5.2970%, 4/20/37^‡	2,819,000	2,533,034
	Natwest Group PLC,
	US Treasury Yield Curve Rate 1 Year + 2.2700%, 5.5160%, 9/30/28^‡	4,521,000	4,290,765
	SVB Financial Group,
	US Treasury Yield Curve Rate 5 Year + 3.0740%, 4.2500%^‡,µ	3,350,000	2,466,010
	SVB Financial Group,
	US Treasury Yield Curve Rate 10 Year + 3.0640%, 4.1000%^‡,µ	6,392,000	4,358,819
	UBS Group AG,
	US Treasury Yield Curve Rate 1 Year + 1.7500%, 4.7510%, 5/12/28 (144A)^‡	4,571,000	4,290,874
	Wells Fargo & Co, SOFR + 1.9800%, 4.8080%, 7/25/28^‡	5,756,000	5,489,642
	Wells Fargo & Co, SOFR + 2.1300%, 4.6110%, 4/25/53^‡	2,857,000	2,321,137
			91,666,700
Basic Industry – 1.8%
	Celanese US Holdings LLC, 6.3300%, 7/15/29	1,443,000	1,344,912
	Celanese US Holdings LLC, 6.3790%, 7/15/32	2,119,000	1,969,123
	Diamond BC BV, 4.6250%, 10/1/29 (144A)	7,815,000	5,437,833
	Hudbay Minerals Inc, 4.5000%, 4/1/26 (144A)	6,918,000	5,751,487
	Hudbay Minerals Inc, 6.1250%, 4/1/29 (144A)^#	6,957,000	5,605,464
	IAMGOLD Corp, 5.7500%, 10/15/28 (144A)	8,423,000	3,972,068
	Iris Holdings Inc, 8.7500% (8.75% Cash or 9.50% PIK), 2/15/26 (144A)^Ø	6,203,000	5,706,760
	Neon Holdings Inc, 10.1250%, 4/1/26 (144A)	12,160,000	11,069,876
	PMHC II Inc, 9.0000%, 2/15/30 (144A)^#	10,893,000	7,088,043
			47,945,566
Brokerage – 0.6%
	Charles Schwab Corp,
	US Treasury Yield Curve Rate 5 Year + 3.1680%, 4.0000%^‡,µ	6,792,000	5,570,838


Shares or Principal Amounts				Value
Corporate Bonds– (continued)
Brokerage– (continued)
	Coinbase Global Inc, 3.3750%, 10/1/28 (144A)	$6,582,000		$4,116,745
	Coinbase Global Inc, 3.6250%, 10/1/31 (144A)	10,595,000		5,874,462
				15,562,045
Capital Goods – 2.2%
	Allegion US Holding Co Inc, 5.4110%, 7/1/32	3,264,000		3,027,435
	ARD Finance SA, 5.0000% (5.00% Cash or 5.75% PIK), 6/30/27^Ø	9,468,244	EUR	6,309,008
	ARD Finance SA, 5.0000% (5.00% Cash or 5.75% PIK), 6/30/27 (144A)^Ø	1,468,400	EUR	978,444
	ARD Finance SA, 6.5000% (6.50% Cash or 7.25% PIK), 6/30/27 (144A)^Ø	2,518,536		1,724,442
	Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc,
	4.1250%, 8/15/26 (144A)	7,429,000		6,185,608
	Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc,
	5.2500%, 8/15/27 (144A)	4,928,000		3,083,597
	Builders FirstSource Inc, 6.3750%, 6/15/32 (144A)	5,996,000		5,325,912
	GCC SAB de CV, 3.6140%, 4/20/32 (144A)^#	4,299,000		3,476,773
	HT Troplast GmbH, 9.2500%, 7/15/25 (144A)	2,790,000	EUR	2,412,680
	JELD-WEN Inc, 4.8750%, 12/15/27 (144A)	5,168,000		3,695,120
	LABL Inc, 8.2500%, 11/1/29 (144A)	8,536,000		6,204,527
	Oscar AcquisitionCo LLC / Oscar Finance Inc, 9.5000%, 4/15/30 (144A)	1,850,000		1,549,412
	PECF USS Intermediate Holding III Corp, 8.0000%, 11/15/29 (144A)	4,276,000		3,118,202
	Sofima Holdings SpA, 3.7500%, 1/15/28 (144A)	3,480,000	EUR	2,686,820
	Standard Industries Inc/NJ, 4.3750%, 7/15/30 (144A)	8,429,000		6,448,185
	Vontier Corp, 2.9500%, 4/1/31	4,359,000		3,134,993
				59,361,158
Communications – 2.6%
	Altice Financing SA, 5.0000%, 1/15/28 (144A)	6,822,000		5,254,850
	Altice France SA, 5.5000%, 10/15/29 (144A)	4,610,000		3,468,490
	AT&T Inc, EURIBOR ICE SWAP Rate + 3.1400%, 2.8750%^‡,µ	5,300,000	EUR	4,561,175
	Block Communications Inc, 4.8750%, 3/1/28 (144A)	7,120,000		6,158,800
	Charter Communications Operating LLC / Charter Communications Operating Capital,
	4.4000%, 4/1/33	3,025,000		2,504,903
	CSC Holdings LLC, 7.5000%, 4/1/28 (144A)	5,055,000		4,124,728
	Front Range BidCo Inc, 6.1250%, 3/1/28 (144A)^#	5,811,000		4,076,864
	LCPR Senior Secured Financing DAC, 5.1250%, 7/15/29 (144A)	8,412,000		6,334,799
	Liberty Interactive LLC, 8.5000%, 7/15/29	6,763,000		4,429,765
	Magallanes Inc, 4.2790%, 3/15/32 (144A)	5,251,000		4,319,906
	Netflix Inc, 3.6250%, 6/15/30	5,837,000	EUR	4,877,219
	T-Mobile USA Inc, 3.3750%, 4/15/29	4,899,000		4,232,638
	Twitter Inc, 5.0000%, 3/1/30 (144A)	11,985,000		11,485,345
	Windstream Escrow LLC, 7.7500%, 8/15/28 (144A)	4,728,000		3,917,805
				69,747,287
Consumer Cyclical – 2.9%
	Allied Universal Holdco LLC / Allied Universal Finance Corp,
	6.0000%, 6/1/29 (144A)	4,949,000		3,193,955
	Arches Buyer Inc, 4.2500%, 6/1/28 (144A)	5,265,000		4,106,700
	Carnival Corp, 7.6250%, 3/1/26 (144A)	3,563,000		2,707,880
	Colt Merger Sub Inc, 5.7500%, 7/1/25 (144A)	7,000,000		6,754,300
	Full House Resorts Inc, 8.2500%, 2/15/28 (144A)^#	8,378,000		7,541,289
	GLP Capital LP / GLP Financing II Inc, 4.0000%, 1/15/31	3,218,000		2,630,445
	IHO Verwaltungs GmbH, 3.8750% (3.88% Cash or 4.63% PIK), 5/15/27 (144A)^Ø	8,638,149	EUR	6,482,146
	IRB Holding Corp, 7.0000%, 6/15/25 (144A)	5,992,000		5,954,071
	Lithia Motors Inc, 4.3750%, 1/15/31 (144A)^#	6,689,000		5,476,819
	LSF9 Atlantis Holdings LLC / Victra Finance Corp, 7.7500%, 2/15/26 (144A)	9,468,000		8,450,190
	PulteGroup Inc, 7.8750%, 6/15/32	1,304,000		1,347,481
	Sands China Ltd, 4.8750%, 6/18/30	3,143,000		2,459,299
	Sugarhouse HSP Gaming Prop Mezz LP / Sugarhouse HSP Gaming Finance Corp,
	5.8750%, 5/15/25 (144A)	5,010,000		4,634,413
	VICI Properties LP, 4.9500%, 2/15/30	4,993,000		4,512,249
	VICI Properties LP, 5.1250%, 5/15/32	1,932,000		1,712,524
	Victoria's Secret & Co, 4.6250%, 7/15/29 (144A)	5,339,000		4,035,761
	Wendy's International LLC, 7.0000%, 12/15/25	5,841,000		5,841,000
				77,840,522
Consumer Non-Cyclical – 2.0%
	BellRing Brands Inc, 7.0000%, 3/15/30 (144A)	8,455,000		7,733,788
	CHS / Community Health Systems Inc, 4.7500%, 2/15/31 (144A)	9,903,000		6,659,767
	Hadrian Merger Sub Inc, 8.5000%, 5/1/26 (144A)	9,876,000		8,997,727
	HLF Financing Sarl LLC / Herbalife International Inc,
	4.8750%, 6/1/29 (144A)	7,721,000		5,510,053
	ModivCare Escrow Issuer Inc, 5.0000%, 10/1/29 (144A)	3,673,000		2,984,312
	Newell Brands Inc, 6.6250%, 9/15/29	6,293,000		6,152,855
	Teva Pharmaceutical Finance Netherlands III BV, 3.1500%, 10/1/26	6,856,000		5,625,348
	Teva Pharmaceutical Industries Ltd, 4.7500%, 5/9/27	8,753,000		7,434,010
	Universal Health Services Inc, 2.6500%, 1/15/32 (144A)	5,105,000		3,608,974
				54,706,834


Shares or Principal Amounts				Value
Corporate Bonds– (continued)
Electric – 1.2%
	Algonquin Power & Utilities Corp,
	US Treasury Yield Curve Rate 5 Year + 3.2490%, 4.7500%, 1/18/82^‡	$8,480,000		$6,926,210
	American Electric Power Co Inc,
	US Treasury Yield Curve Rate 5 Year + 2.6750%, 3.8750%, 2/15/62^‡	5,517,000		4,324,040
	CMS Energy Corp,
	US Treasury Yield Curve Rate 5 Year + 4.1160%, 4.7500%, 6/1/50^‡	3,354,000		2,834,130
	Duquesne Light Holdings Inc, 2.5320%, 10/1/30 (144A)	3,072,000		2,355,047
	IPALCO Enterprises Inc, 4.2500%, 5/1/30	4,008,000		3,477,290
	NRG Energy Inc, 3.3750%, 2/15/29 (144A)	9,230,000		7,472,977
	Xcel Energy Inc, 4.6000%, 6/1/32	4,725,000		4,379,150
				31,768,844
Energy – 1.8%
	DT Midstream Inc, 4.1250%, 6/15/29 (144A)	7,432,000		6,280,040
	EnLink Midstream LLC, 5.6250%, 1/15/28 (144A)	6,693,000		6,257,955
	Hess Midstream Operations LP, 4.2500%, 2/15/30 (144A)	5,561,000		4,490,507
	Howard Midstream Energy Partners LLC, 6.7500%, 1/15/27 (144A)	10,438,000		9,299,911
	NGL Energy Partners LP / NGL Energy Finance Corp, 7.5000%, 2/1/26 (144A)	6,471,000		5,756,666
	Rockies Express Pipeline LLC, 4.9500%, 7/15/29 (144A)	1,462,000		1,254,096
	Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp,
	6.0000%, 9/1/31 (144A)	1,155,000		975,975
	Viper Energy Partners LP, 5.3750%, 11/1/27 (144A)	8,166,000		7,516,978
	Western Midstream Operating LP, 4.3000%, 2/1/30^Ç	8,600,000		7,355,236
				49,187,364
Finance Companies – 1.2%
	FirstCash Inc, 4.6250%, 9/1/28 (144A)	5,509,000		4,611,584
	FirstCash Inc, 5.6250%, 1/1/30 (144A)	5,664,000		4,842,720
	Fortress Transportation and Infrastructure Investors LLC,
	6.5000%, 10/1/25 (144A)	2,318,000		2,177,558
	Fortress Transportation and Infrastructure Investors LLC,
	9.7500%, 8/1/27 (144A)	3,509,000		3,431,135
	Navient Corp, 5.0000%, 3/15/27	6,337,000		5,183,107
	OWL Rock Core Income Corp, 4.7000%, 2/8/27	5,466,000		4,787,545
	Quicken Loans LLC, 3.8750%, 3/1/31 (144A)	12,378,000		8,972,242
				34,005,891
Financial Institutions – 0.4%
	Burford Capital Global Finance LLC, 6.2500%, 4/15/28 (144A)	4,962,000		4,346,013
	Burford Capital Global Finance LLC, 6.8750%, 4/15/30 (144A)	4,025,000		3,511,812
	CPI Property Group SA, EUR SWAP ANNUAL 5 YR + 4.9440%, 4.8750%^‡,µ	5,589,000	EUR	3,503,154
				11,360,979
Industrial – 0.2%
	AT Securities BV, USD SWAP SEMI 30/360 5YR + 3.5460%, 5.2500%^‡,µ	5,000,000		4,228,800
Industrial Conglomerates – 0.2%
	General Electric Co, ICE LIBOR USD 3 Month + 3.3300%, 6.6226%^‡,µ	6,854,000		6,409,747
Insurance – 1.3%
	Aon Corp / Aon Global Holdings PLC, 5.0000%, 9/12/32	4,624,000		4,431,790
	Athene Holding Ltd, 3.5000%, 1/15/31^#	4,159,000		3,330,804
	Brown & Brown Inc, 4.9500%, 3/17/52	3,218,000		2,608,488
	Centene Corp, 3.3750%, 2/15/30	10,622,000		8,683,485
	Corebridge Financial Inc,
	US Treasury Yield Curve Rate 5 Year + 3.8460%, 6.8750%, 12/15/52 (144A)^‡	7,503,000		6,861,176
	Prudential Financial Inc,
	US Treasury Yield Curve Rate 5 Year + 3.0350%, 3.7000%, 10/1/50^‡	2,045,000		1,615,141
	Ryan Specialty Group LLC, 4.3750%, 2/1/30 (144A)	8,109,000		6,877,547
				34,408,431
Other Diversified Financial Services – 0.6%
	FTAI Infra Escrow Holdings LLC, 10.5000%, 6/1/27 (144A)	16,502,000		16,553,800
Real Estate Investment Trusts (REITs) – 0.8%
	Broadstone Net Lease LLC, 2.6000%, 9/15/31	2,870,000		2,113,067
	Global Net Lease Inc / Global Net Lease Operating Partnership LP,
	3.7500%, 12/15/27 (144A)	8,400,000		6,552,162
	Lexington Realty Trust, 2.7000%, 9/15/30	3,324,000		2,557,271
	MPT Operating Partnership LP / MPT Finance Corp, 4.6250%, 8/1/29	9,000,000		7,241,130
	Safehold Operating Partnership LP, 2.8000%, 6/15/31	5,556,000		4,175,263
				22,638,893
Technology – 0.9%
	Austin BidCo Inc, 7.1250%, 12/15/28 (144A)^#	8,552,000		6,356,702
	CA Magnum Holdings, 5.3750%, 10/31/26 (144A)	4,737,000		3,979,490
	MSCI Inc, 3.6250%, 11/1/31 (144A)	9,019,000		7,236,118
	NortonLifeLock Inc, 6.7500%, 9/30/27 (144A)	8,660,000		8,309,530
				25,881,840
Transportation – 0.6%
	StorCentric Inc, 5.8750%, 2/19/23 (144A)	6,000,000		5,940,000


Shares or Principal Amounts			Value
Corporate Bonds– (continued)
Transportation– (continued)
	Watco Cos LLC / Watco Finance Corp, 6.5000%, 6/15/27 (144A)	$12,880,000	$11,722,793
			17,662,793
Total Corporate Bonds (cost $808,839,414)			670,937,494
Mortgage-Backed Securities– 27.2%
Fannie Mae:
	3.0000%, TBA, 15 Year Maturity	16,732,212	15,532,228
	3.5000%, TBA, 15 Year Maturity	15,731,117	14,863,310
	4.0000%, TBA, 15 Year Maturity	24,687,000	23,798,268
	3.5000%, TBA, 30 Year Maturity	121,753,696	109,421,508
	4.0000%, TBA, 30 Year Maturity	147,490,502	136,693,165
	4.5000%, TBA, 30 Year Maturity	141,799,537	134,928,640
	5.0000%, TBA, 30 Year Maturity	84,787,412	82,595,573
	5.5000%, TBA, 30 Year Maturity	54,945,089	54,597,177
			572,429,869
Fannie Mae Pool:
	3.0000%, 10/1/34	168,114	157,640
	6.0000%, 2/1/37	696	726
	3.0000%, 9/1/42	1,049,322	937,110
	3.0000%, 1/1/43	1,419,939	1,268,095
	3.0000%, 2/1/43	4,286,746	3,828,333
	3.0000%, 2/1/43	567,487	506,802
	3.0000%, 2/1/43	38,780	34,579
	3.0000%, 3/1/43	1,764,600	1,573,438
	3.0000%, 3/1/43	502,731	448,269
	3.0000%, 5/1/43	412,309	367,643
	3.0000%, 5/1/43	2,062	1,838
	5.0000%, 7/1/44	5,930	5,939
	4.5000%, 10/1/44	3,946	3,853
	4.5000%, 3/1/45	5,905	5,766
	3.0000%, 7/1/45	2,260,781	2,015,867
	3.5000%, 12/1/45	275,946	252,533
	4.5000%, 2/1/46	8,428	8,252
	3.5000%, 7/1/46	13,829	12,646
	3.0000%, 9/1/46	1,018,622	909,693
	3.0000%, 11/1/46	314,500	279,579
	3.0000%, 1/1/47	53,773	47,802
	3.5000%, 3/1/47	241,212	220,746
	4.0000%, 5/1/47	895,477	844,243
	3.5000%, 7/1/47	213,869	195,724
	3.5000%, 8/1/47	2,607	2,384
	3.5000%, 1/1/48	3,369	3,061
	4.0000%, 1/1/48	12,616	11,848
	3.5000%, 3/1/48	3,317,932	3,031,454
	4.0000%, 3/1/48	3,704	3,479
	3.5000%, 7/1/48	5,497,583	5,027,218
	4.5000%, 12/1/48	618,154	599,426
	3.0000%, 9/1/49	386,117	338,475
	3.0000%, 9/1/51	16,365,325	14,277,171
	3.0000%, 2/1/57	5,480,176	4,813,121
	3.0000%, 6/1/57	24,159	21,222
			42,055,975
Freddie Mac Gold Pool:
	3.5000%, 1/1/47	166,501	154,076
Freddie Mac Pool:
	3.0000%, 5/1/31	1,511,374	1,425,415
	3.0000%, 9/1/32	216,308	203,091
	3.0000%, 1/1/33	130,614	122,633
	3.0000%, 10/1/34	371,941	348,786
	3.0000%, 10/1/34	174,508	163,644
	6.0000%, 4/1/40	15,224	15,885
	3.0000%, 2/1/43	4,216	3,759
	3.5000%, 2/1/43	3,633	3,354
	3.0000%, 3/1/43	91,244	81,362
	3.0000%, 6/1/43	137,159	121,186
	3.0000%, 11/1/43	4,477,862	3,999,249
	3.5000%, 2/1/44	11,685	10,789
	4.5000%, 5/1/44	2,826	2,767
	3.5000%, 12/1/44	215,512	198,984
	3.0000%, 1/1/45	2,601	2,304
	3.5000%, 7/1/46	2,807	2,552
	4.0000%, 3/1/47	6,918	6,562
	3.5000%, 9/1/47	4,429	4,049
	3.5000%, 12/1/47	43,564	39,829


Shares or Principal Amounts			Value
Mortgage-Backed Securities– (continued)
Freddie Mac Pool– (continued)
	3.5000%, 2/1/48	$2,596	$2,354
	4.0000%, 4/1/48	1,481	1,389
	4.5000%, 4/1/49	1,119,050	1,080,209
	4.0000%, 5/1/49	4,630,485	4,337,839
	3.5000%, 8/1/49	2,352,918	2,141,728
	3.0000%, 10/1/49	429,223	376,635
	3.0000%, 10/1/49	226,939	199,134
	3.0000%, 11/1/49	674,271	591,661
	3.0000%, 11/1/49	164,764	144,577
	3.0000%, 11/1/49	29,962	26,292
	3.0000%, 12/1/49	1,480,990	1,299,542
	3.0000%, 12/1/49	626,461	549,709
	3.0000%, 12/1/49	352,830	309,602
	3.0000%, 3/1/50	1,002,299	879,201
			18,696,072
Ginnie Mae:
	3.5000%, TBA, 30 Year Maturity	98,660,539	89,510,465
	4.0000%, TBA, 30 Year Maturity	16,054,402	14,971,500
			104,481,965
Ginnie Mae I Pool:
	4.5000%, 8/15/46	11,237	10,885
	4.0000%, 7/15/47	3,348	3,174
	4.0000%, 8/15/47	351	333
	4.0000%, 11/15/47	687	652
	4.0000%, 12/15/47	1,951	1,850
			16,894
Ginnie Mae II Pool:
	4.5000%, 2/20/48	111,148	107,813
	4.5000%, 5/20/48	2,736	2,652
	4.5000%, 5/20/48	952	922
			111,387
Total Mortgage-Backed Securities (cost $773,098,654)			737,946,238
Common Stocks– 0.1%
Diversified Financial Services – 0%
	Clarivate Analytics PLC*	4,217	39,598
Semiconductor & Semiconductor Equipment – 0.1%
	NVIDIA Corp	12,946	1,571,515
Total Common Stocks (cost $3,533,775)			1,611,113
Preferred Stocks– 0.2%
Consumer Cyclical – 0%
	Quiksilver Inc^¢	12,688	10,785
Finance Companies – 0%
	Castlelake Aircraft Securitization Trust 2018-1, 6/15/43 (144A)^‡	1,000,000	130,000
	Upstart Securitization Trust 2019-3, 1/21/30 (144A)	8,250	453,750
			583,750
Industrial – 0%
	Project Silver, 3/15/44 (144A)^‡	1,500,000	225,000
	START Ireland, 3/15/44 (144A)^‡	1,500,000	300,000
	Thunderbolt II Aircraft Lease Ltd, 9/15/38 (144A)	10	69,912
	Thunderbolt III Aircraft Lease Ltd, 11/15/39 (144A)^‡	5,000,000	300,000
			894,912
Student Loan – 0.2%
	SoFi Professional Loan Program 2017-E LLC, 11/26/40 (144A)	25,000	305,845
	SoFi Professional Loan Program 2017-F LLC, 1/25/41 (144A)	35,000	649,869
	SoFi Professional Loan Program 2018-C Trust, 1/25/48 (144A)	58,000	717,889
	SoFi Professional Loan Program 2018-D Trust, 2/25/48 (144A)	76,000	636,242
	SoFi Professional Loan Program 2019-B LLC, 8/17/48 (144A)	70,900	764,972
	SoFi Professional Loan Program 2020-A Trust, 5/15/46 (144A)	34,000	903,683
			3,978,500
Total Preferred Stocks (cost $29,010,353)			5,467,947
Convertible Preferred Stocks– 0.1%
Health Care Equipment & Supplies – 0.1%
	Becton Dickinson and Co, 6.0000%, 6/1/23((cost $2,999,882)	59,700	2,786,199
Investment Companies– 4.2%
Money Markets – 4.2%
	Janus Henderson Cash Liquidity Fund LLC, 2.8879%^ºº,£((cost $114,092,748)	114,081,340	114,092,748
Investments Purchased with Cash Collateral from Securities Lending– 0.5%
Investment Companies – 0.4%
	Janus Henderson Cash Collateral Fund LLC, 2.8581%^ºº,£	10,036,874	10,036,874


Shares or Principal Amounts			Value
Investments Purchased with Cash Collateral from Securities Lending– (continued)
Time Deposits – 0.1%
	Royal Bank of Canada, 3.0600%, 10/3/22	$2,509,219	$2,509,219
Total Investments Purchased with Cash Collateral from Securities Lending (cost $12,546,093)			12,546,093
Total Investments (total cost $3,779,368,380) – 125.5%			3,401,261,587
Liabilities, net of Cash, Receivables and Other Assets – (25.5)%			(691,324,169)
Net Assets – 100%			$2,709,937,418


Summary of Investments by Country - (Long Positions) (unaudited)

		% of
		Investment
Country	Value	Securities
United States	$3,196,630,436	94.0	%
Canada	33,924,464	1.0
Cayman Islands	31,994,144	0.9
Luxembourg	21,095,044	0.6
Germany	13,123,626	0.4
Israel	13,059,358	0.4
Ireland	12,149,601	0.4
Peru	11,356,951	0.3
Panama	10,372,843	0.3
Switzerland	9,257,359	0.3
United Kingdom	9,035,934	0.3
Australia	5,792,965	0.2
Sweden	5,184,079	0.1
Japan	4,438,689	0.1
India	3,979,490	0.1
Burkina Faso	3,972,068	0.1
Czech Republic	3,503,154	0.1
Mexico	3,476,773	0.1
France	3,468,490	0.1
Italy	2,686,820	0.1
Macao	2,459,299	0.1
Bermuda	300,000	0.0



Total	$3,401,261,587	100.0	%

Schedules of Affiliated Investments – (% of Net Assets)


		Dividend Income		Realized Gain/(Loss)		Change in Unrealized Appreciation/ Depreciation		Value at 9/30/22
Investment Companies - 4.2%
Money Markets - 4.2%
	Janus Henderson Cash Liquidity Fund LLC, 2.8879%^ºº	$	141,281	$	4,212	$	(2,792)	$	114,092,748
Investments Purchased with Cash Collateral from Securities Lending - 0.4%
Investment Companies - 0.4%
	Janus Henderson Cash Collateral Fund LLC, 2.8581%^ºº		67,239^∆		-		-		10,036,874
Total Affiliated Investments - 4.6%		$	208,520	$	4,212	$	(2,792)	$	124,129,622


		Value at 6/30/22		Purchases		Sales Proceeds		Value at 9/30/22
Investment Companies - 4.2%
Money Markets - 4.2%
	Janus Henderson Cash Liquidity Fund LLC, 2.8879%^ºº		27,922,135		338,072,910		(251,903,717)		114,092,748
Investments Purchased with Cash Collateral from Securities Lending - 0.4%
Investment Companies - 0.4%
	Janus Henderson Cash Collateral Fund LLC, 2.8581%^ºº		14,134,115		27,874,354		(31,971,595)		10,036,874


Schedule of Forward Foreign Currency Exchange Contracts


Counterparty/ Foreign Currency	Settlement Date	Foreign Currency Amount (Sold)/ Purchased		USD Currency Amount (Sold)/ Purchased		Market Value and Unrealized Appreciation/ (Depreciation)
Barclays Capital, Inc.:
Euro	10/26/22	(2,033,000)	$	2,094,650	$	99,099
HSBC Securities (USA), Inc.:
Canadian Dollar	10/26/22	(4,998,106)		3,880,229		261,759
Euro	10/26/22	(35,645,222)		36,327,062		1,338,446

						1,600,205
Total					$	1,699,304

Schedule of Futures


Description	Number of Contracts		Expiration Date		Notional Amount		Value and Unrealized Appreciation/(Depreciation)
Futures Long:
10 Year US Treasury Note		3,819	12/30/22	$	427,966,688	$	(21,631,057)
Ultra 10-Year Treasury Note		3,530	12/30/22		418,249,844		(17,400,161)
Total - Futures Long							(39,031,218)
Futures Short:
2 Year US Treasury Note		999	1/5/23		(205,185,235)		230,971
5 Year US Treasury Note		932	1/5/23		(100,197,282)		3,633,343
Ultra Long Term US Treasury Bond		24	12/30/22		(3,288,000)		302,438
US Treasury Long Bond		64	12/30/22		(8,090,000)		673,500
Total - Futures Short							4,840,252
Total						$	(34,190,966)


Schedule of Centrally Cleared Credit Default Swaps - Buy Protection
Reference Asset	Maturity Date	Notional Amount			Premiums Paid/(Received)		Unrealized Appreciation/ (Depreciation)		Value
CDX.NA.HY.S39, Fixed Rate of 5.00%, Paid Quarterly	12/20/27	(166,250,000)	USD	$	8,313,250	$	(1,779,955)	$	6,533,295


Average Ending Monthly Value of Derivative Instruments During the Period Ended September 30, 2022


Credit default swaps:
Average notional amount - buy protection	$168,269,625
Forward foreign currency exchange contracts:
Average amounts purchased - in USD	12,518,998
Average amounts sold - in USD	54,528,080
Futures contracts:
Average notional amount of contracts - long	641,546,270
Average notional amount of contracts - short	229,384,184

Notes to Schedule of Investments (unaudited)


EURIBOR	Euro Interbank Offered Rate
ICE	Intercontinental Exchange
LIBOR	London Interbank Offered Rate
LLC	Limited Liability Company
LP	Limited Partnership
PIK	Pay-in-kind (PIK) bonds give the issuer an option to make the interest payment in cash or additional securities.
PLC	Public Limited Company
SOFR	Secured Overnight Financing Rate
TBA	(To Be Announced) Securities are purchased/sold on a forward commitment basis with an approximate principal amount and no defined maturity date. The actual principal and maturity date will be determined upon settlement when specific mortgage pools are assigned.

144A

Securities sold under Rule 144A of the Securities Act of 1933, as amended, are subject to legal and/or contractual restrictions on resale and may not be publicly sold without registration under the 1933 Act. Unless otherwise noted, these securities have been determined to be liquid under guidelines established by the Board of Trustees. The total value of 144A securities as of the period ended September 30, 2022 is $2,066,014,167, which represents 76.2% of net assets.


*	Non-income producing security.


ƒ	All or a portion of this position is not funded, or has been purchased on a delayed delivery or when-issued basis. If applicable, interest rates will be determined and interest will begin to accrue at a future date.


‡	Variable or floating rate security. Rate shown is the current rate as of September 30, 2022. Certain variable rate securities are not based on a published reference rate and spread; they are determined by the issuer or agent and current market conditions. Reference rate is as of reset date and may vary by security, which may not indicate a reference rate and/or spread in their description.


ºº	Rate shown is the 7-day yield as of September 30, 2022.


#	Loaned security; a portion of the security is on loan at September 30, 2022.


µ	Perpetual security. Perpetual securities have no stated maturity date, but they may be called/redeemed by the issuer. The date indicated, if any, represents the next call date.


Ç	Step bond. The coupon rate will increase or decrease periodically based upon a predetermined schedule. The rate shown reflects the current rate.


◊	Zero coupon bond.


¤	Interest only security. An interest only security represents the interest only portion of a pool of underlying mortgages or mortgage-backed securities which are separated and sold individually from the principal portion of the securities. Principal amount shown represents the par value on which interest payments are based.


Ø	Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.


¢	Security is valued using significant unobservable inputs. The total value of Level 3 securities as of the period ended September 30, 2022 is $12,268, which represents 0.0% of net assets.


£	The Fund may invest in certain securities that are considered affiliated companies. As defined by the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control.


∆	Net of income paid to the securities lending agent and rebates paid to the borrowing counterparties.


The following is a summary of the inputs that were used to value the Fund’s investments in securities and other financial instruments as of September 30, 2022.

Valuation Inputs Summary

					Level 2 -		Level 3 -
			Level 1 -		Other Significant		Significant
			Quoted Prices		Observable Inputs		Unobservable Inputs

Assets
Investments In Securities:
Asset-Backed/Commercial Mortgage-Backed Securities		$	-	$	1,668,663,724	$	-
Bank Loans and Mezzanine Loans			-		187,208,548		1,483
Corporate Bonds			-		670,937,494		-
Mortgage-Backed Securities			-		737,946,238		-
Common Stocks			1,611,113		-		-
Preferred Stocks			-		5,457,162		10,785
Convertible Preferred Stocks			-		2,786,199		-
Investment Companies			-		114,092,748		-
Investments Purchased with Cash Collateral from Securities Lending			-		12,546,093		-
Total Investments in Securities		$	1,611,113	$	3,399,638,206	$	12,268
Other Financial Instruments^(a):
Forward Foreign Currency Exchange Contracts			-		1,699,304		-
Futures Contracts			4,840,252		-		-
Total Assets		$	6,451,365	$	3,401,337,510	$	12,268
Liabilities
Other Financial Instruments^(a):
Futures Contracts		$	39,031,218	$	-	$	-
Centrally Cleared Swaps			-		1,779,955		-
Total Liabilities		$	39,031,218	$	1,779,955	$	-

(a)	Other financial instruments include forward foreign currency exchange contracts, futures, written options, written swaptions, and swap contracts. Forward foreign currency exchange contracts, futures contracts, and swap contracts are reported at their unrealized appreciation/(depreciation) at measurement date, which represents the change in the contract's value from trade date. Written options and written swaptions are reported at their market value at measurement date.

Investment Valuation

Fund holdings are valued in accordance with policies and procedures established by the Adviser pursuant to Rule 2a-5 under the 1940 Act and approved by and subject to the oversight of the Trustees (the “Valuation Procedures”). Equity securities traded on a domestic securities exchange are generally valued at readily available market quotations, which are (i) the official close prices or (ii) last sale prices on the primary market or exchange in which the securities trade. If such price is lacking for the trading period immediately preceding the time of determination, such securities are generally valued at their current bid price. Equity securities that are traded on a foreign exchange are generally valued at the closing prices on such markets. In the event that there is no current trading volume on a particular security in such foreign exchange, the bid price from the primary exchange is generally used to value the security. Foreign securities and currencies are converted to U.S. dollars using the current spot USD dollar exchange rate in effect at the close of the New York Stock Exchange (“NYSE”). The Fund will determine the market value of individual securities held by it by using prices provided by one or more approved professional pricing services or, as needed, by obtaining market quotations from independent broker-dealers. Most debt securities are valued in accordance with the evaluated bid price supplied by the Adviser-approved pricing service that is intended to reflect market value. The evaluated bid price supplied by the pricing service is an evaluation that may consider factors such as security prices, yields, maturities and ratings. Certain short-term securities maturing within 60 days or less may be evaluated and valued on an amortized cost basis provided that the amortized cost determined approximates market value. Securities for which market quotations or evaluated prices are not readily available or deemed unreliable are valued at fair value determined in good faith by the Adviser pursuant to the Valuation Procedures. Circumstances in which fair valuation may be utilized include, but are not limited to: (i) a significant event that may affect the securities of a single issuer, such as a merger, bankruptcy, or significant issuer-specific development; (ii) an event that may affect an entire market, such as a natural disaster or significant governmental action; (iii) a nonsignificant event such as a market closing early or not opening, or a security trading halt; and (iv) pricing of a nonvalued security and a restricted or nonpublic security. Special valuation considerations may apply with respect to “odd-lot” fixed-income transactions which, due to their small size, may receive evaluated prices by pricing services which reflect a large block trade and not what actually could be obtained for the odd-lot position. The valuation policies provide for the use of systematic fair valuation models provided by independent pricing services to value foreign equity securities in order to adjust for stale pricing, which may occur between the close of certain foreign exchanges and the close of the NYSE.

Valuation Inputs Summary

FASB ASC 820, Fair Value Measurements and Disclosures (“ASC 820”), defines fair value, establishes a framework for measuring fair value, and expands disclosure requirements regarding fair value measurements. This standard emphasizes that fair value is a market-based measurement that should be determined based on the assumptions that market participants would use in pricing an asset or liability and establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. These inputs are summarized into three broad levels:

Level 1 – Unadjusted quoted prices in active markets the Fund has the ability to access for identical assets or liabilities.

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

Assets or liabilities categorized as Level 2 in the hierarchy generally include: debt securities fair valued in accordance with the evaluated bid or ask prices supplied by a pricing service; securities traded on OTC markets and listed securities for which no sales are reported that are fair valued at the latest bid price (or yield equivalent thereof) obtained from one or more dealers transacting in a market for such securities or by a pricing service approved by the Fund’s Trustees; certain short-term debt securities with maturities of 60 days or less that are fair valued at amortized cost; and equity securities of foreign issuers whose fair value is determined by using systematic fair valuation models provided by independent third parties in order to adjust for stale pricing which may occur between the close of certain foreign exchanges and the close of the NYSE. Other securities that may be categorized as Level 2 in the hierarchy include, but are not limited to, preferred stocks, bank loans, swaps, investments in unregistered investment companies, options, and forward contracts.

Level 3 – Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based on the best information available.

There have been no significant changes in valuation techniques used in valuing any such positions held by the Fund since the beginning of the fiscal year.

The inputs or methodology used for fair valuing securities are not necessarily an indication of the risk associated with investing in those securities. The summary of inputs used as of September 30, 2022 to fair value the Fund’s investments in securities and other financial instruments is included in the “Valuation Inputs Summary” in the Notes to Schedule of Investments.

The Fund did not hold a significant amount of Level 3 securities as of September 30, 2022.

For additional information on the Fund, please refer to the Fund’s most recent semiannual or annual shareholder report.




			125-25-70288 11-22