DoubleLine Total Return Bond Fund		(Unaudited)

Schedule of Investments		June 30, 2025


PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	ASSET BACKED OBLIGATIONS - 5.9%
		Affirm, Inc.
	26,635,000	Series 2023-B-A		6.82	%^(a)		09/15/2028		26,732,505
		Aligned Data Centers Issuer LLC
	12,950,000	Series 2021-1A-A2		1.94	%^(a)		08/15/2046		12,520,408
	11,550,000	Series 2021-1A-B		2.48	%^(a)		08/15/2046		11,093,282
		ALTDE Trust
	25,267,790	Series 2025-1A-A		5.90	%^(a)		08/15/2050		25,837,200
		American Credit Acceptance Receivables Trust
	2,800,000	Series 2024-4-C		4.91	%^(a)		08/12/2031		2,808,173
		Apollo Aviation Securitization Equity Trust
	5,280,244	Series 2020-1A-A		3.35	%^(a)		01/16/2040		5,144,589
	11,580,154	Series 2024-1A-A1		6.26	%^(a)		05/16/2049		11,970,267
	33,500,678	Series 2024-1A-B		6.90	%^(a)		05/16/2049		33,979,403
	54,930,364	Series 2024-2A-A		5.93	%^(a)		09/16/2049		56,087,308
	8,396,038	Series 2024-2A-B		6.61	%^(a)		09/16/2049		8,718,992
	25,587,555	Series 2025-1A-A		5.94	%^(a)		02/16/2050		26,235,534
	10,250,000	Series 2025-2A-A		5.52	%^(a)		02/16/2050		10,374,415
		Blue Stream Communications LLC
	21,500,000	Series 2024-1A-A2		5.41	%^(a)		11/20/2054		21,692,419
		Bojangles Issuer LLC
	18,000,000	Series 2024-1A-A2		6.58	%^(a)		11/20/2054		18,390,326
		Bridgecrest Lending Auto Securitization Trust
	19,700,000	Series 2024-4-C		4.83	%		08/15/2030		19,688,582
	5,500,000	Series 2025-2-C		5.17	%		03/17/2031		5,557,522
		CAI International, Inc.
	10,354,013	Series 2020-1A-A		2.22	%^(a)		09/25/2045		9,781,064
		Cajun Global LLC
	9,662,500	Series 2021-1-A2		3.93	%^(a)		11/20/2051		9,465,227
		Carbon Level Mitigation Trust
	17,649,230	Series 2021-3-CERT		1.70	%^(a)(b)		09/08/2051		10,429,601
	26,944,513	Series 2022-3-CERT		0.23	%^(a)		11/21/2052		14,838,397
		Carvana Auto Receivables Trust
	10,770,000	Series 2024-P3-B		4.53	%		11/11/2030		10,734,459
		Castlelake Aircraft Securitization Trust
	3,682,609	Series 2017-1R-A		2.74	%^(a)		08/15/2041		3,571,236
	14,358,472	Series 2025-1A-A		5.78	%^(a)		02/15/2050		14,672,004
		Cloud Capital Holdco LP
	27,250,000	Series 2024-2A-A2		5.92	%^(a)		11/22/2049		27,418,882
		Coinstar Funding LLC
	11,771,400	Series 2017-1A-A2		5.22	%^(a)		04/25/2047		10,976,948
		Cologix Data Centers US Issuer LLC
	8,725,000	Series 2021-1A-A2		3.30	%^(a)		12/26/2051		8,448,249
		Commonbond Student Loan Trust
	1,163,573	Series 2016-A-A1		3.32	%^(a)		05/25/2040		1,126,572
		Compass Datacenters LLC
	10,680,000	Series 2024-1A-A1		5.25	%^(a)		02/25/2049		10,741,830
	16,250,000	Series 2025-1A-A3		5.85	%^(a)		02/25/2050		16,412,765
		Container Leasing International LLC
	3,895,521	Series 2020-1A-A		2.08	%^(a)		09/18/2045		3,623,691
	9,300,000	Series 2025-1A-A		5.35	%^(a)		06/20/2050		9,392,814
	5,800,000	Series 2025-1A-B		5.59	%^(a)		06/20/2050		5,848,552
		Cyrusone Holdco LLC
	18,200,000	Series 2023-1A-A2		4.30	%^(a)		04/20/2048		17,776,382
	7,650,000	Series 2025-1A-A2		5.91	%^(a)		02/20/2050		7,810,858
		DataBank Issuer
	39,300,000	Series 2021-1A-A2		2.06	%^(a)		02/27/2051		38,451,089
	31,000,000	Series 2021-2A-A2		2.40	%^(a)		10/25/2051		29,833,244
	3,350,000	Series 2021-2A-B		2.79	%^(a)		10/25/2051		3,187,004

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		DB Master Finance Parent LLC
	27,743,750	Series 2021-1A-A23		2.79	%^(a)		11/20/2051		24,267,702
		Diamond Issuer
	6,000,000	Series 2021-1A-B		2.70	%^(a)		11/20/2051		5,616,871
		DigitalBridge Group, Inc.
	6,300,000	Series 2023-1A-B		5.75	%^(a)		09/15/2048		6,299,206
		Diversified Energy Co. PLC
	10,734,620	Series 2024-1A-A1		7.08	%^(a)		05/30/2044		10,928,273
		Dividend Solar Loans LLC
	12,671,337	Series 2019-1-A		3.67	%^(a)		08/22/2039		11,661,199
		ECAF Ltd.
	14,471,436	Series 2015-1A-A2		4.95	%^(a)		06/15/2040		13,075,710
		Falcon Aerospace Ltd.
	346,793	Series 2017-1-A		4.58	%^(a)		02/15/2042		348,921
		Falko Regional Aircraft Ltd.
	25,430,928	Series 2021-1A-A		5.75	%		04/15/2041		25,307,970
		FWEA
	19,204,324	Series 2024-1-A		7.15	%^(c)		08/25/2044		19,665,228
		GAIA Aviation Ltd.
	8,579,756	Series 2019-1-A		3.97	%^(a)(d)		12/15/2044		8,350,308
		Gilead Aviation LLC
	15,876,946	Series 2025-1A-B		6.52	%^(a)		03/15/2050		16,290,746
		Global Sea Containers Two SRL
	15,830,432	Series 2020-1A-A		2.17	%^(a)		10/17/2040		15,097,641
		GoodLeap Home Improvement Solutions Trust
	15,691,058	Series 2024-1A-A		5.35	%^(a)		10/20/2046		15,885,817
	14,000,000	Series 2025-2A-A		5.32	%^(a)		06/20/2049		14,225,638
		GreenSky LLC
	10,000,000	Series 2024-2-A3		5.15	%^(a)		10/27/2059		10,134,941
		Helios Issuer LLC
	5,811,914	Series 2018-1A-A		4.87	%^(a)		07/20/2048		5,553,016
	5,050,058	Series 2019-AA-A		3.75	%^(a)		06/20/2046		4,632,516
	13,957,841	Series 2020-2A-A		2.73	%^(a)		11/01/2055		11,364,221
	5,671,204	Series 2021-C-B		2.33	%^(a)		10/20/2048		3,848,434
		HERO Funding Trust
	1,612,021	Series 2016-3A-A2		3.91	%^(a)		09/20/2042		1,505,878
	4,278,398	Series 2016-4A-A2		4.29	%^(a)		09/20/2047		4,026,064
		Horizon Aircraft Finance Ltd.
	5,380,633	Series 2019-1-A		3.72	%^(a)		07/15/2039		5,153,070
	24,495,625	Series 2024-1-A		5.38	%^(a)		09/15/2049		24,557,746
		ITE Rail Fund Levered LP
	11,299,229	Series 2024-1A-A		4.99	%^(a)		09/28/2054		11,390,752
		Jack in the Box, Inc.
	36,385,000	Series 2019-1A-A23		4.97	%^(a)		08/25/2049		35,211,784
		Jersey Mike's Funding
	4,542,500	Series 2019-1A-A2		4.43	%^(a)		02/15/2050		4,506,098
	13,965,000	Series 2024-1A-A2		5.64	%^(a)		02/15/2055		14,226,397
		Jimmy Johns LLC
	20,038,000	Series 2017-1A-A2II		4.85	%^(a)		07/30/2047		19,871,897
		JOL Air Ltd.
	6,755,686	Series 2019-1-A		3.97	%^(a)		04/15/2044		6,655,195
		Labrador Aviation Finance Ltd.
	36,136,016	Series 2016-1A-A1		4.30	%^(a)		01/15/2042		34,431,914
		Loanpal Solar Loan Ltd.
	1,255,440	Series 2021-1GS-B		2.84	%^(a)		01/20/2048		953,134
		Luminace Issuer LLC
	13,851,344	Series 2024-1-A		5.87	%^(a)		10/30/2031		13,812,393
		Lunar Aircraft Ltd.
	7,940,616	Series 2020-1A-A		3.38	%^(a)		02/15/2045		7,743,840
		Lunar Structured Aircraft Portfolio Notes
	917,266	Series 2021-1-B		3.43	%^(a)		10/15/2046		861,487

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Mariner Finance Issuance Trust
	35,000,000	Series 2024-BA-A		4.91	%^(a)		11/20/2038		35,434,854
	6,750,000	Series 2025-AA-C		5.69	%^(a)		05/20/2038		6,874,246
		Marlette Funding Trust
	7,700,000	Series 2024-1A-B		6.07	%^(a)		07/17/2034		7,768,240
		Mosaic Solar Loans LLC
	9,368,072	Series 2017-2A-A		3.82	%^(a)		06/22/2043		8,792,079
	5,798,917	Series 2018-1A-A		4.01	%^(a)		06/22/2043		5,433,720
	7,480,418	Series 2018-2GS-A		4.20	%^(a)		02/22/2044		6,981,896
	1,209,355	Series 2019-1A-A		4.37	%^(a)		12/21/2043		1,137,484
		Navient Student Loan Trust
	10,834,855	Series 2017-A-B		3.91	%^(a)		12/16/2058		10,723,577
	11,000,000	Series 2018-BA-B		4.13	%^(a)		12/15/2059		10,735,308
		Navigator Aircraft ABS Ltd.
	9,315,788	Series 2021-1-B		3.57	%^(a)(d)		11/15/2046		8,677,814
		NBC Funding LLC
	16,566,750	Series 2024-1A-A2		6.75	%^(a)		07/30/2054		16,902,111
		Neighborly Issuer
	14,160,000	Series 2021-1A-A2		3.58	%^(a)		04/30/2051		13,263,397
		NP Railcar Holdings LLC
	2,556,432	Series 2021-1A-A1		2.23	%^(a)		03/19/2051		2,446,055
		Pagaya AI Debt Selection Trust
	2,150,550	Series 2024-1-A		6.66	%^(a)		07/15/2031		2,164,733
	2,947,851	Series 2024-8-B		5.46	%^(a)		01/15/2032		2,955,763
		Pioneer Aircraft Finance Ltd.
	22,457,756	Series 2019-1-A		3.97	%^(a)		06/15/2044		21,952,658
		Primrose Funding LLC
	5,775,000	Series 2025-1A-A2		6.46	%^(a)		07/30/2055		5,866,008
		Project Silver
	23,228,216	Series 2019-1-A		3.97	%^(a)		07/15/2044		22,633,481
		Raptor Aircraft Finance
	11,953,418	Series 2019-1-A		4.21	%^(a)		08/23/2044		11,082,217
		Renew
	5,882,981	Series 2017-2A-A		3.22	%^(a)		09/22/2053		5,349,860
		Research-Driven Pagaya Motor Asset Trust
	11,874,667	Series 2021-2A-A		2.65	%^(a)		03/25/2030		11,621,110
	7,750,000	Series 2025-1A-B		5.49	%^(a)		06/27/2033		7,740,581
	8,495,000	Series 2025-3A-A2		5.15	%^(a)		02/27/2034		8,541,677
		Sapphire Aviation Finance Ltd.
	25,698,416	Series 2020-1A-A		3.23	%^(a)		03/15/2040		24,795,913
	5,200,936	Series 2020-1A-B		4.34	%^(a)		03/15/2040		4,847,272
		SEB Funding LLC
	17,705,625	Series 2021-1A-A2		4.97	%^(a)		01/30/2052		17,391,000
		ServiceMaster Funding LLC
	3,912,077	Series 2020-1-A2II		3.34	%^(a)		01/30/2051		3,408,537
		SFS Auto Receivables Securitization Trust
	11,300,000	Series 2024-3A-A4		4.60	%^(a)		11/20/2031		11,425,483
		Shenton Aircraft Investment Ltd.
	15,135,432	Series 2015-1A-A		4.75	%^(a)		10/15/2042		14,784,896
		Sierra Timeshare Conduit Receivables Funding LLC
	806,595	Series 2021-2A-C		1.95	%^(a)		09/20/2038		787,792
	967,915	Series 2021-2A-D		3.23	%^(a)		09/20/2038		943,930
		SLM Student Loan Trust
	3,430,868	Series 2006-A-A5 (3 mo. Term SOFR + 0.55%, 0.00% Floor)		4.87	%		06/15/2039		3,339,954
	2,609,382	Series 2006-B-A5 (3 mo. Term SOFR + 0.53%, 0.00% Floor)		4.85	%		12/15/2039		2,546,843
		SOFI Alternative Trust
	1,529,678	Series 2021-1-PT2		9.72	%^(a)(b)		05/25/2030		1,515,005
	4,048,363	Series 2021-2-A		1.25	%^(a)		08/15/2030		4,002,960
	500,000	Series 2021-2-R1		0.00	%^(a)(c)(e)		08/15/2030		2,302,007
	6,439,756	Series 2021-3-A		1.50	%^(a)		11/15/2030		6,340,023
	950,000	Series 2021-3-R1		0.00	%^(a)(c)(e)		11/15/2030		4,264,642
		SoFi Consumer Loan Program Trust
	3,452,000	Series 2025-1-C		5.42	%^(a)		02/27/2034		3,503,440
	14,350,000	Series 2025-2-C		5.22	%^(a)		06/25/2034		14,600,651
	5,000,000	Series 2025-2-D		5.62	%^(a)		06/25/2034		5,095,155

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		SoFi Professional Loan Program LLC
	12,800,000	Series 2018-A-B		3.61	%^(a)		02/25/2042		12,388,965
	18,000,000	Series 2018-B-BFX		3.83	%^(a)		08/25/2047		17,335,591
		Sprite/KY
	12,083,815	Series 2021-1-A		3.75	%^(a)		11/15/2046		11,682,669
		Start/Bermuda
	9,858,294	Series 2018-1-A		4.09	%^(a)		05/15/2043		9,858,915
		Stonepeak ABS
	1,722,488	Series 2021-1A-A		2.68	%^(a)		02/28/2033		1,652,124
	3,388,225	Series 2021-1A-B		3.82	%^(a)		02/28/2033		3,254,004
		Subway Funding LLC
	19,750,750	Series 2024-1A-A23		6.51	%^(a)		07/30/2054		20,316,901
	6,228,700	Series 2024-3A-A23		5.91	%^(a)		07/30/2054		6,184,504
		Sunbird Engine Finance
	28,293,751	Series 2020-1A-A		3.67	%^(a)		02/15/2045		27,637,704
		Switch ABS Issuer LLC
	27,500,000	Series 2024-2A-A2		5.44	%^(a)		06/25/2054		27,742,413
	8,500,000	Series 2024-2A-B		6.20	%^(a)		06/25/2054		8,583,536
	3,775,000	Series 2025-1A-B		6.49	%^(a)		03/25/2055		3,826,246
		Taco Bell Corp.
	7,417,875	Series 2021-1A-A23		2.54	%^(a)		08/25/2051		6,368,505
	5,207,250	Series 2021-1A-A2I		1.95	%^(a)		08/25/2051		4,967,674
		TAL Advantage LLC
	10,025,000	Series 2020-1A-A		2.05	%^(a)		09/20/2045		9,447,482
	2,130,313	Series 2020-1A-B		3.29	%^(a)		09/20/2045		2,025,508
		Tesla Sustainable Energy Trust
	10,010,000	Series 2024-1A-A3		5.29	%^(a)		06/20/2050		10,077,932
		Textainer Ltd.
	6,124,451	Series 2020-1A-A		2.73	%^(a)		08/21/2045		5,876,175
	1,891,088	Series 2020-2A-B		3.34	%^(a)		09/20/2045		1,793,795
		Upgrade Master Credit Pass-Thru Trust
	52,576	Series 2021-PT1-A		0.00	%^(a)(b)		08/15/2027		14,658
		Upgrade Master Pass-Thru Trust
	434,545	Series 2021-PT1-A		16.79	%^(a)(b)		04/15/2027		420,286
	532,228	Series 2021-PT3-A		16.14	%^(a)(b)		07/15/2027		497,564
	319,495	Series 2021-PT4-A		13.64	%^(a)(b)		08/15/2027		302,764
	785,266	Series 2021-PT5-A		24.21	%^(a)(b)		10/15/2027		720,494
	5,503,375	Series 2025-ST1-A		5.44	%^(a)		04/15/2032		5,514,687
	10,918,073	Series 2025-ST3-A		5.98	%^(a)		06/15/2032		11,007,239
		Upstart Pass-Through Trust Series
	8,574	Series 2021-ST1-A		2.75	%^(a)		02/20/2027		8,562
		Upstart Securitization Trust
	1,755,441	Series 2021-3-C		3.28	%^(a)		07/20/2031		1,738,282
	9,036,015	Series 2024-1-A		5.33	%^(a)		11/20/2034		9,052,752
	17,394,000	Series 2025-2-B		5.62	%^(a)		06/20/2035		17,539,918
		Vantage Data Centers Holding LLC
	32,425,000	Series 2020-2A-A2		1.99	%^(a)		09/15/2045		30,464,928
		Vault DI Issuer LLC
	54,400,000	Series 2021-1A-A2		2.80	%^(a)		07/15/2046		52,632,636
		Vivant Solar Financing V Parent LLC
	15,437,935	Series 2018-1A-A		4.73	%^(a)		04/30/2048		14,667,602
		VR Funding LLC
	12,646,631	Series 2020-1A-A		2.79	%^(a)		11/15/2050		11,962,183
		Waterfall Commercial Mortgage Trust
	2,427,414	Series 2015-SBC5-A		4.10	%^(a)(b)		01/14/2026		2,390,967
		Wendy's SPV Guarantor LLC
	18,583,293	Series 2019-1A-A2II		4.08	%^(a)		06/15/2049		17,955,920
		Westlake Automobile Receivables Trust
	15,000,000	Series 2024-3A-C		4.92	%^(a)		11/15/2029		15,079,067
		Willis Lease Finance Corp.
	38,784,130	Series 2020-A-A		3.23	%^(a)		03/15/2045		37,085,385

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Wingstop, Inc.
	10,342,500	Series 2020-1A-A2		2.84	%^(a)		12/05/2050		9,814,723
		Total Asset Backed Obligations (Cost $1,799,048,053)							1,759,699,432
	COLLATERALIZED LOAN OBLIGATIONS - 4.7%
		Allegro CLO Ltd.
	5,000,000	Series 2022-1A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor)		5.49	%^(a)		04/20/2038		5,002,370
	30,000,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)		5.78	%^(a)		07/24/2037		30,137,403
		Anthelion Ltd.
	34,000,000	Series 2025-1A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)		0.00	%^(a)		07/20/2036		33,915,000
		Apidos CLO
	15,000,000	Series 2024-48A-A1 (3 mo. Term SOFR + 1.44%, 1.44% Floor)		5.72	%^(a)		07/25/2037		15,059,981
		ARES CLO
	7,000,000	Series 2017-44A-A3R1 (3 mo. Term SOFR + 1.91%, 1.65% Floor)		6.17	%^(a)		04/15/2034		7,015,626
		Bain Capital Credit CLO
	20,000,000	Series 2022-6A-A1R (3 mo. Term SOFR + 1.37%, 1.37% Floor)		5.64	%^(a)		01/22/2038		20,099,872
	15,000,000	Series 2024-6A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor)		5.65	%^(a)		01/21/2038		15,048,645
		Battalion CLO Ltd.
	3,000,000	Series 2017-11A-BR (3 mo. Term SOFR + 1.98%, 1.72% Floor)		6.26	%^(a)		04/24/2034		3,010,317
	1,000,000	Series 2021-19A-B (3 mo. Term SOFR + 1.86%, 1.60% Floor)		6.12	%^(a)		04/15/2034		1,002,032
		Benefit Street Partners CLO Ltd.
	14,500,000	Series 2015-6BR-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor)		5.46	%^(a)		04/20/2038		14,492,750
		Birch Grove CLO
	13,500,000	Series 2023-5A-A1R (3 mo. Term SOFR + 1.41%, 1.41% Floor)		5.68	%^(a)		10/20/2037		13,560,634
		BlueMountain CLO Ltd.
	5,000,000	Series 2018-2A-B (3 mo. Term SOFR + 1.96%, 1.70% Floor)		6.29	%^(a)		08/15/2031		5,026,580
		Bridge Street CLO Ltd.
	166,500,000	Series 2020-1A-A1R (3 mo. Term SOFR + 1.55%, 1.55% Floor)		5.82	%^(a)		07/20/2037		167,269,846
	39,500,000	Series 2024-1A-A (3 mo. Term SOFR + 1.60%, 1.60% Floor)		5.87	%^(a)		04/20/2037		39,667,441
	10,000,000	Series 2025-1A-A1 (3 mo. Term SOFR + 1.22%, 1.22% Floor)		5.48	%^(a)		04/20/2038		10,005,110
		Canyon Capital CLO Ltd.
	2,500,000	Series 2021-2A-B1 (3 mo. Term SOFR + 2.01%, 2.01% Floor)		6.27	%^(a)		04/15/2034		2,507,528
		Capital Four US CLO Ltd.
	16,500,000	Series 2021-1A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		5.74	%^(a)		01/18/2035		16,530,032
	18,000,000	Series 2022-1A-BR (3 mo. Term SOFR + 2.65%, 2.65% Floor)		6.92	%^(a)		01/20/2037		18,137,516
		Carlyle Global Market Strategies
	28,080,000	Series 2017-2A-AR2 (3 mo. Term SOFR + 1.49%, 1.49% Floor)		5.76	%^(a)		07/20/2037		28,207,859
	48,000,000	Series 2021-7A-A1R (3 mo. Term SOFR + 1.20%, 1.20% Floor)		5.46	%^(a)		04/15/2038		48,033,096
		CarVal CLO
	6,000,000	Series 2024-1A-B (3 mo. Term SOFR + 2.10%, 2.10% Floor)		6.37	%^(a)		04/20/2037		6,049,071
		CBAM Ltd.
	18,000,000	Series 2017-1A-AR2 (3 mo. Term SOFR + 1.39%, 1.39% Floor)		5.66	%^(a)		01/20/2038		18,076,104
	11,000,000	Series 2017-2A-BR (3 mo. Term SOFR + 2.11%, 1.85% Floor)		6.39	%^(a)		07/17/2034		11,055,912
		Cedar Funding Ltd.
	39,100,000	Series 2018-9A-AR (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.69	%^(a)		07/20/2037		39,270,930
	2,000,000	Series 2022-15A-B (3 mo. Term SOFR + 1.80%, 1.80% Floor)		6.07	%^(a)		04/20/2035		2,003,724
		CIFC Funding Ltd.
	11,500,000	Series 2022-3A-B (3 mo. Term SOFR + 2.00%, 2.00% Floor)		6.27	%^(a)		04/21/2035		11,550,025
		Crown City CLO
	2,750,000	Series 2021-1A-A2 (3 mo. Term SOFR + 1.98%, 1.72% Floor)		6.25	%^(a)		07/20/2034		2,756,247
	17,500,000	Series 2023-5A-A1R (3 mo. Term SOFR + 1.60%, 1.60% Floor)		5.87	%^(a)		04/20/2037		17,572,331
	90,000,000	Series 2024-6A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)		5.76	%^(a)		07/15/2037		90,401,859

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Dryden Senior Loan Fund
	3,500,000	Series 2017-53A-B (3 mo. Term SOFR + 1.66%, 0.00% Floor)		5.92	%^(a)		01/15/2031		3,501,103
		Empower CLO Ltd.
	20,500,000	Series 2022-1A-A1R (3 mo. Term SOFR + 1.39%, 1.39% Floor)		5.66	%^(a)		10/20/2037		20,594,608
	9,000,000	Series 2023-3A-B (3 mo. Term SOFR + 2.55%, 2.55% Floor)		6.82	%^(a)		01/20/2037		9,062,912
	19,000,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.52%, 1.52% Floor)		5.78	%^(a)		07/15/2037		19,089,327
		Franklin Park Place CLO LLC
	22,632,000	Series 2022-1A-AR (3 mo. Term SOFR + 1.25%, 1.25% Floor)		5.49	%^(a)		04/14/2038		22,675,295
		Generate CLO Ltd.
	5,800,000	Series 3A-B2R (3 mo. Term SOFR + 2.60%, 2.60% Floor)		6.87	%^(a)		10/20/2036		5,846,567
		Halcyon Loan Advisors Funding Ltd.
	2,016,923	Series 2014-2A-D (3 mo. Term SOFR + 5.26%, 0.00% Floor)		9.54	%^(a)		09/28/2025		318,876
		Halsey Point CLO Ltd.
	10,000,000	Series 2020-2A-AR (3 mo. Term SOFR + 1.52%, 1.52% Floor)		5.79	%^(a)		07/20/2037		10,047,354
		Harbourview CLO VII LLC
	1,713,343	Series 7RA-A1 (3 mo. Term SOFR + 1.39%, 1.13% Floor)		5.66	%^(a)		07/18/2031		1,714,244
		Harvest US CLO
	20,000,000	Series 2023-1A-B (3 mo. Term SOFR + 2.60%, 2.60% Floor)		6.86	%^(a)		01/15/2037		20,144,232
		Jackson Financial, Inc.
	9,500,000	Series 2022-6RA-BR (3 mo. Term SOFR + 2.75%, 2.75% Floor)		7.02	%^(a)		01/20/2037		9,584,068
		Jamestown CLO Ltd.
	6,000,000	Series 2018-11A-A2 (3 mo. Term SOFR + 1.96%, 0.00% Floor)		6.20	%^(a)		07/14/2031		6,010,627
		Katayma CLO Ltd.
	25,000,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor)		5.92	%^(a)		04/20/2037		25,129,300
		LCM LP
	4,781,020	Series 17A-A2RR (3 mo. Term SOFR + 1.41%, 1.15% Floor)		5.67	%^(a)		10/15/2031		4,787,180
		Marble Point CLO
	5,000,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.44%, 1.44% Floor)		5.71	%^(a)		07/20/2037		5,022,846
	58,000,000	Series 2021-2A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor)		5.74	%^(a)		07/25/2034		58,070,731
	50,000,000	Series 2021-4A-A1 (3 mo. Term SOFR + 1.47%, 1.21% Floor)		5.74	%^(a)		01/22/2035		50,075,710
	20,000,000	Series 2022-2A-A1R (3 mo. Term SOFR + 1.93%, 1.93% Floor)		6.20	%^(a)		10/20/2036		20,084,030
	11,400,000	Series 2022-2A-BR (3 mo. Term SOFR + 2.85%, 2.85% Floor)		7.12	%^(a)		10/20/2036		11,494,037
		Menlo CLO Ltd.
	10,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.69	%^(a)		01/20/2038		10,037,863
		MP CLO Ltd.
	713,640	Series 2013-1A-AR (3 mo. Term SOFR + 1.51%, 0.00% Floor)		5.78	%^(a)		10/20/2030		714,061
		Nassau Global Credit LLC
	6,393,585	Series 2018-IA-A (3 mo. Term SOFR + 1.41%, 0.00% Floor)		5.67	%^(a)		07/15/2031		6,395,860
		OCP CLO Ltd.
	23,500,000	Series 2017-13A-AR2 (3 mo. Term SOFR + 1.34%, 1.34% Floor)		5.61	%^(a)		11/26/2037		23,600,185
	5,000,000	Series 2020-18A-A1R2 (3 mo. Term SOFR + 1.37%, 1.37% Floor)		5.64	%^(a)		07/20/2037		5,018,508
		Octagon Credit Investors LLC
	10,000,000	Series 2025-1A-A1 (3 mo. Term SOFR + 1.20%, 1.20% Floor)		5.49	%^(a)		01/22/2038		10,006,388
		Octagon Investment Partners Ltd.
	1,500,000	Series 2019-1A-BR (3 mo. Term SOFR + 1.85%, 1.85% Floor)		6.11	%^(a)		04/15/2035		1,504,698
		Park Blue CLO Ltd.
	7,400,000	Series 2023-4A-B (3 mo. Term SOFR + 2.70%, 2.70% Floor)		6.98	%^(a)		01/25/2037		7,460,445
	21,000,000	Series 2025-7A-A1 (3 mo. Term SOFR + 1.22%, 1.22% Floor)		5.47	%^(a)		04/25/2038		21,004,200
		Rockford Tower CLO Ltd.
	2,525,000	Series 2018-2A-B (3 mo. Term SOFR + 2.06%, 1.80% Floor)		6.33	%^(a)		10/20/2031		2,531,082
	15,000,000	Series 2022-3A-AR (3 mo. Term SOFR + 1.44%, 1.44% Floor)		5.71	%^(a)		07/20/2037		15,070,467
	10,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.61%, 1.61% Floor)		5.88	%^(a)		04/20/2037		10,043,301
		Sound Point CLO Ltd.
	11,880,998	Series 2013-3RA-A (3 mo. Term SOFR + 1.41%, 1.15% Floor)		5.68	%^(a)		04/18/2031		11,905,497
	18,000,000	Series 2018-2A-C (3 mo. Term SOFR + 2.21%, 0.00% Floor)		6.49	%^(a)		07/26/2031		18,048,582
	16,845,990	Series 2018-3A-A1AR (3 mo. Term SOFR + 1.30%, 1.30% Floor)		5.58	%^(a)		10/26/2031		16,880,827

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	25,250,000	Series 2020-2A-AR (3 mo. Term SOFR + 1.44%, 1.18% Floor)		5.72	%^(a)		10/25/2034		25,288,789
	15,150,000	Series 2021-1A-A (3 mo. Term SOFR + 1.33%, 1.33% Floor)		5.61	%^(a)		04/25/2034		15,190,905
	10,000,000	Series 2024-3A-A1 (3 mo. Term SOFR + 1.60%, 1.60% Floor)		5.92	%^(a)		02/20/2037		10,035,416
	20,000,000	Series 2024-4A-A1 (3 mo. Term SOFR + 1.54%, 1.54% Floor)		5.81	%^(a)		07/20/2037		20,080,978
	11,750,000	Series 2024-5A-A1 (3 mo. Term SOFR + 1.39%, 1.39% Floor)		5.66	%^(a)		10/20/2037		11,802,506
		Steele Creek CLO Ltd.
	8,638,509	Series 2016-1A-AR (3 mo. Term SOFR + 1.38%, 1.12% Floor)		5.70	%^(a)		06/15/2031		8,651,388
		Trestles LLC
	25,000,000	Series 2023-6A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor)		5.45	%^(a)		04/25/2038		25,007,450
		Trimaran CAVU LLC
	20,000,000	Series 2021-3A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		5.74	%^(a)		01/18/2035		20,030,668
		Unity-Peace Park CLO Ltd.
	15,000,000	Series 2022-1A-B (3 mo. Term SOFR + 2.00%, 2.00% Floor)		6.27	%^(a)		04/20/2035		15,069,287
		Vibrant Clo X Ltd.
	60,500,000	Series 2018-10RA-A1 (3 mo. Term SOFR + 1.70%, 1.70% Floor)		5.97	%^(a)		04/20/2036		60,758,619
		Warwick Capital CLO Ltd.
	18,500,000	Series 2024-3A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor)		5.92	%^(a)		04/20/2037		18,577,201
	10,000,000	Series 2024-4A-A1 (3 mo. Term SOFR + 1.40%, 1.40% Floor)		5.67	%^(a)		07/20/2037		10,042,897
		Wind River CLO Ltd.
	4,000,000	Series 2013-2A-CR (3 mo. Term SOFR + 2.26%, 0.00% Floor)		6.53	%^(a)		10/18/2030		4,010,912
	268,499	Series 2014-2A-AR (3 mo. Term SOFR + 1.40%, 1.14% Floor)		5.66	%^(a)		01/15/2031		268,634
		Total Collateralized Loan Obligations (Cost $1,396,457,193)							1,400,756,502
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 7.6%
		1345 Trust
	10,540,000	Series 2025-AOA-A (1 mo. Term SOFR + 1.60%, 1.60% Floor)		5.90	%^(a)		06/15/2030		10,573,968
		280 Park Avenue Mortgage Trust
	24,890,000	Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor)		5.49	%^(a)		09/15/2034		24,670,771
		ACREC Trust
	5,744,187	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		10/16/2036		5,750,517
	16,090,000	Series 2025-FL3-A (1 mo. Term SOFR + 1.31%, 1.31% Floor)		5.62	%^(a)		08/18/2042		16,086,380
		Arbor Multifamily Mortgage Securities Trust
	21,947,000	Series 2021-MF3-XB		0.60	%^(a)(b)(f)		10/15/2054		618,545
		Arbor Realty Trust, Inc.
	124,535,150	Series 2020-MF1-XA		1.05	%^(a)(b)(f)		05/15/2053		4,471,397
	8,091,603	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)		5.78	%^(a)		11/15/2036		8,115,732
	10,374,037	Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor)		5.75	%^(a)		01/15/2037		10,388,477
		ARDN Mortgage Trust
	19,240,000	Series 2025-ARCP-A (1 mo. Term SOFR + 1.75%, 1.75% Floor)		6.05	%^(a)		06/15/2035		19,284,700
		AREIT Ltd.
	10,050,951	Series 2024-CRE9-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.00	%^(a)		05/17/2041		10,051,564
		AREIT Trust
	26,120,000	Series 2025-CRE10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		12/17/2029		25,881,551
		Ares Commercial Real Estate Corp.
	1,688,486	Series 2021-FL4-B (1 mo. Term SOFR + 2.01%, 1.40% Floor)		6.33	%^(a)		12/18/2037		1,676,756
		Banc of America Merrill Lynch Commercial Mortgage, Inc.
	31,767,320	Series 2015-UBS7-XA		0.82	%^(b)(f)		09/15/2048		511
	2,121,000	Series 2016-UB10-C		4.98	%^(b)		07/15/2049		2,043,598
		Banc of America Re-Remic Trust
	15,435,000	Series 2020-BOC-D		3.29	%^(a)(b)		01/15/2032		11,103,559
	7,505,000	Series 2020-BOC-E		3.29	%^(a)(b)		01/15/2032		3,993,453
		BANK
	3,554,000	Series 2017-BNK4-C		4.37	%^(b)		05/15/2050		3,149,477
	31,079,156	Series 2017-BNK4-XA		1.49	%^(b)(f)		05/15/2050		584,238
	4,916,000	Series 2017-BNK5-B		3.90	%^(b)		06/15/2060		4,727,400

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	65,010,887	Series 2017-BNK5-XA		1.08	%^(b)(f)		06/15/2060		1,028,056
	139,861,667	Series 2018-BN10-XA		0.83	%^(b)(f)		02/15/2061		2,067,421
	31,334,000	Series 2018-BN10-XD		1.86	%^(a)(b)(f)		02/15/2061		1,263,575
	2,290,000	Series 2019-BN16-B		4.44	%^(b)		02/15/2052		2,187,996
	85,593,356	Series 2019-BN16-XA		1.09	%^(b)(f)		02/15/2052		2,381,207
	13,119,665	Series 2019-BN16-XD		1.97	%^(a)(b)(f)		02/15/2052		754,471
	11,541,000	Series 2019-BN17-XD		1.74	%^(a)(b)(f)		04/15/2052		592,696
	43,097,000	Series 2019-BN19-AS		3.45	%		08/15/2061		39,161,697
	17,013,666	Series 2019-BN19-XD		1.16	%^(a)(b)(f)		08/15/2061		626,009
	1,099,000	Series 2019-BN20-AS		3.24	%^(b)		09/15/2062		989,712
	5,000,000	Series 2019-BN21-C		3.52	%^(b)		10/17/2052		4,311,815
	18,082,333	Series 2019-BN22-XD		1.07	%^(a)(b)(f)		11/15/2062		676,860
	26,932,000	Series 2019-BN24-XD		1.13	%^(a)(b)(f)		11/15/2062		1,091,877
	4,270,000	Series 2020-BN27-A5		2.14	%		04/15/2063		3,743,739
	62,007,000	Series 2020-BN30-XB		0.83	%^(b)(f)		12/15/2053		2,057,616
	44,529,514	Series 2021-BN32-XA		0.87	%^(b)(f)		04/15/2054		1,393,916
	112,743,000	Series 2021-BN35-XB		0.70	%^(b)(f)		06/15/2064		3,662,242
	10,388,000	Series 2021-BN38-XD		0.83	%^(a)(b)(f)		12/15/2064		411,031
	7,663,000	Series 2022-BNK40-XD		1.00	%^(a)(b)(f)		03/15/2064		383,419
	120,363,000	Series 2025-BNK50-XA		0.35	%^(b)(f)		05/15/2068		3,517,248
		BANK5 Trust
	2,467,000	Series 2024-5YR10-AS		5.64	%		10/15/2057		2,529,865
	8,169,000	Series 2024-5YR10-B		6.14	%^(b)		10/15/2057		8,420,808
	1,667,000	Series 2024-5YR10-C		5.74	%^(b)		10/15/2057		1,655,004
	976,000	Series 2024-5YR6-A3		6.23	%		05/15/2057		1,028,306
	122,650,169	Series 2024-5YR6-XA		0.98	%^(a)(b)(f)		05/15/2057		3,089,558
	85,037,443	Series 2024-5YR8-XA		1.13	%^(b)(f)		08/15/2057		2,733,622
	9,640,000	Series 2025-5YR15-AS		5.76	%^(b)		06/15/2030		9,953,994
		BBCMS Trust
	45,454,000	Series 2018-CBM-A (1 mo. Term SOFR + 1.30%, 1.25% Floor)		5.61	%^(a)		07/15/2037		44,407,853
	13,455,000	Series 2018-CBM-E (1 mo. Term SOFR + 3.85%, 3.55% Floor)		8.16	%^(a)		07/15/2037		9,821,726
	11,799,000	Series 2020-C6-F5TB		3.81	%^(a)(b)		02/15/2053		9,400,682
	12,497,250	Series 2020-C6-F5TC		3.81	%^(a)(b)		02/15/2053		9,473,540
	88,455,779	Series 2020-C6-XA		1.13	%^(b)(f)		02/15/2053		3,329,520
	7,424,000	Series 2020-C6-XD		1.28	%^(a)(b)(f)		02/15/2053		364,409
	1,437,000	Series 2020-C7-AS		2.44	%		04/15/2053		1,261,955
	1,619,000	Series 2021-C11-ASB		2.11	%		09/15/2054		1,507,467
	34,040,000	Series 2021-C11-XB		1.08	%^(b)(f)		09/15/2054		1,799,896
	132,986,059	Series 2021-C9-XA		1.70	%^(b)(f)		02/15/2054		9,003,582
	68,467,000	Series 2021-C9-XB		1.11	%^(b)(f)		02/15/2054		3,291,044
	12,893,000	Series 2024-5C29-A3		5.21	%		09/15/2057		13,160,202
	129,986,210	Series 2024-5C31-XA		1.28	%^(b)(f)		12/15/2057		5,412,340
	98,498,317	Series 2025-C32-XA		1.36	%^(b)(f)		02/15/2062		8,424,197
		BDS Ltd.
	6,000,000	Series 2024-FL13-A (1 mo. Term SOFR + 1.58%, 1.58% Floor)		5.89	%^(a)		09/19/2039		6,035,778
		Benchmark Mortgage Trust
	34,563,848	Series 2018-B7-XA		0.56	%^(b)(f)		05/15/2053		366,069
	27,322,024	Series 2018-B8-XA		0.78	%^(b)(f)		01/15/2052		464,190
	12,985,000	Series 2019-B10-XD		2.04	%^(a)(b)(f)		03/15/2062		814,498
	13,924,000	Series 2019-B11-XD		1.61	%^(a)(b)(f)		05/15/2052		687,041
	13,870,000	Series 2019-B12-XD		1.28	%^(a)(b)(f)		08/15/2052		535,340
	14,907,500	Series 2019-B14-XD		1.39	%^(a)(b)(f)		12/15/2062		755,427
	24,552,000	Series 2019-B15-XD		1.08	%^(a)(b)(f)		12/15/2072		918,873
	74,706,527	Series 2019-B9-XA		1.18	%^(b)(f)		03/15/2052		2,241,607
	72,585,970	Series 2020-B16-XA		0.91	%^(b)(f)		02/15/2053		2,327,839
	66,051,231	Series 2020-B17-XA		1.49	%^(b)(f)		03/15/2053		2,905,680
	12,580,000	Series 2020-B17-XD		1.50	%^(a)(b)(f)		03/15/2053		681,485
	13,462,000	Series 2020-B18-AGND		3.74	%^(a)		07/15/2053		13,390,441
	2,432,000	Series 2020-B18-AGNE		3.76	%^(a)		07/15/2053		2,408,087

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	83,215,791	Series 2020-B18-XA		1.92	%^(b)(f)		07/15/2053		4,121,512
	224,639,248	Series 2020-B19-XA		1.86	%^(b)(f)		09/15/2053		10,818,918
	70,264,562	Series 2020-B22-XA		1.62	%^(b)(f)		01/15/2054		4,618,757
	275,367,278	Series 2020-IG1-XA		0.61	%^(b)(f)		09/15/2043		4,900,711
	230,974,613	Series 2021-B24-XA		1.25	%^(b)(f)		03/15/2054		9,798,844
	119,537,055	Series 2021-B28-XA		1.37	%^(b)(f)		08/15/2054		6,416,917
	59,609,000	Series 2021-B28-XB		1.07	%^(b)(f)		08/15/2054		3,082,203
	66,420,000	Series 2021-B29-XB		0.81	%^(b)(f)		09/15/2054		2,443,359
	361,573,357	Series 2021-B30-XA		0.91	%^(b)(f)		11/15/2054		14,464,453
	15,995,000	Series 2021-B31-XD		1.26	%^(a)(b)(f)		12/15/2054		1,034,456
	13,067,000	Series 2022-B32-XD		1.64	%^(a)(b)(f)		01/15/2055		1,001,004
	10,959,500	Series 2022-B33-XD		1.73	%^(a)(b)(f)		03/15/2055		953,046
	7,270,000	Series 2022-B34-XD		1.96	%^(a)(b)(f)		04/15/2055		748,240
	37,520,000	Series 2024-V10-A3		5.28	%		09/15/2057		38,422,146
	168,345,000	Series 2024-V11-XA		0.77	%^(b)(f)		11/15/2057		3,821,718
	76,879,298	Series 2024-V12-XA		1.07	%^(b)(f)		12/15/2057		2,590,786
	6,966,000	Series 2024-V8-A2		5.71	%		07/15/2057		7,240,715
	2,279,000	Series 2024-V8-A3		6.19	%^(b)		07/15/2057		2,405,785
	136,189,362	Series 2024-V8-XA		0.99	%^(a)(b)(f)		07/15/2057		3,784,362
	21,999,000	Series 2024-V9-A3		5.60	%		08/15/2057		22,764,906
	4,078,000	Series 2025-V15-AS		6.17	%		06/15/2058		4,289,213
		BFLD Trust
	4,860,000	Series 2025-EWEST-C (1 mo. Term SOFR + 2.10%, 2.10% Floor)		6.40	%^(a)		06/15/2042		4,873,629
		BHMS Mortgage Trust
	14,537,000	Series 2018-ATLS-A (1 mo. Term SOFR + 1.55%, 1.50% Floor)		5.86	%^(a)		07/15/2035		14,529,804
		BMO Mortgage Trust
	20,804,000	Series 2024-5C6-A3		5.32	%		09/15/2057		21,314,776
	17,982,000	Series 2024-5C7-AS		5.89	%^(b)		11/15/2057		18,578,682
	111,921,148	Series 2024-5C7-XA		1.14	%^(a)(b)(f)		11/15/2057		4,067,047
	113,583,814	Series 2024-5C8-XA		1.24	%^(b)(f)		12/15/2057		4,540,558
	7,371,000	Series 2025-5C11-AS		5.94	%		07/15/2058		7,680,744
	154,398,020	Series 2025-C11-XA		1.33	%^(b)(f)		02/15/2058		12,621,884
		BPR Trust
	10,166,000	Series 2021-TY-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.48	%^(a)		09/15/2038		10,157,124
		BSPRT Co.-Issuer LLC
	15,000,000	Series 2023-FL10-C (1 mo. Term SOFR + 3.97%, 3.97% Floor)		8.29	%^(a)		09/15/2035		15,113,865
		BX Trust
	3,177,000	Series 2018-GW-D (1 mo. Term SOFR + 2.07%, 1.77% Floor)		6.38	%^(a)		05/15/2035		3,165,896
	97,837,000	Series 2019-OC11-E		4.08	%^(a)(b)		12/09/2041		89,904,210
	326,679,000	Series 2019-OC11-XB		0.32	%^(a)(b)(f)		12/09/2041		2,972,779
	3,884,093	Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor)		5.16	%^(a)		10/15/2036		3,883,961
	1,069,000	Series 2021-ARIA-C (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.07	%^(a)		10/15/2036		1,068,067
	4,599,000	Series 2021-MFM1-D (1 mo. Term SOFR + 1.61%, 1.50% Floor)		5.93	%^(a)		01/15/2034		4,598,581
	4,641,000	Series 2021-MFM1-E (1 mo. Term SOFR + 2.36%, 2.25% Floor)		6.68	%^(a)		01/15/2034		4,641,014
	2,746,474	Series 2021-RISE-B (1 mo. Term SOFR + 1.36%, 1.25% Floor)		5.68	%^(a)		11/15/2036		2,744,358
	1,939,344	Series 2021-SOAR-C (1 mo. Term SOFR + 1.21%, 1.10% Floor)		5.53	%^(a)		06/15/2038		1,939,298
	12,240,000	Series 2021-VIEW-A (1 mo. Term SOFR + 1.39%, 1.28% Floor)		5.71	%^(a)		06/15/2036		12,185,146
	3,450,000	Series 2021-VIEW-F (1 mo. Term SOFR + 4.04%, 3.93% Floor)		8.36	%^(a)		06/15/2036		3,368,457
	11,329,476	Series 2021-VOLT-E (1 mo. Term SOFR + 2.11%, 2.00% Floor)		6.43	%^(a)		09/15/2036		11,284,414
	2,903,486	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)		5.11	%^(a)		10/15/2038		2,903,922
	3,514,700	Series 2021-XL2-E (1 mo. Term SOFR + 1.96%, 1.85% Floor)		6.27	%^(a)		10/15/2038		3,516,223
	1,262,886	Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor)		6.76	%^(a)		08/15/2039		1,264,069

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	23,462,291	Series 2024-AIRC-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.00	%^(a)		08/15/2039		23,584,872
	17,113,281	Series 2024-GPA3-A (1 mo. Term SOFR + 1.29%, 1.29% Floor)		5.60	%^(a)		12/15/2039		17,151,029
	5,298,084	Series 2024-GPA3-C (1 mo. Term SOFR + 1.89%, 1.89% Floor)		6.20	%^(a)		12/15/2039		5,314,418
		BXP Trust
	9,818,000	Series 2017-GM-B		3.54	%^(a)(b)		06/13/2039		9,450,482
		Cantor Commercial Real Estate Lending LP
	10,105,250	Series 2019-CF2-XD		1.56	%^(a)(b)(f)		11/15/2052		526,757
	11,514,000	Series 2019-CF3-XD		1.21	%^(a)(b)(f)		01/15/2053		492,939
		Century Plaza Towers
	5,000,000	Series 2019-CPT-A		2.87	%^(a)		11/13/2039		4,564,379
		CFCRE Commercial Mortgage Trust
	7,155,000	Series 2016-C4-C		5.00	%^(b)		05/10/2058		6,996,074
	62,409,387	Series 2016-C4-XA		1.73	%^(b)(f)		05/10/2058		286,347
		Citigroup Commercial Mortgage Trust
	2,177,527	Series 2015-GC27-D		4.54	%^(a)(b)		02/10/2048		2,102,386
	14,310,000	Series 2015-GC33-C		4.72	%^(b)		09/10/2058		12,193,336
	84,935,526	Series 2015-GC33-XA		0.92	%^(b)(f)		09/10/2058		27,451
	88,700,726	Series 2016-C1-XA		1.98	%^(b)(f)		05/10/2049		696,762
	181,072,399	Series 2016-GC36-XA		1.36	%^(b)(f)		02/10/2049		377,337
	31,166,625	Series 2016-GC37-XA		1.80	%^(b)(f)		04/10/2049		110,084
	79,984,037	Series 2016-P3-XA		1.81	%^(b)(f)		04/15/2049		569,398
	51,718,897	Series 2016-P4-XA		2.04	%^(b)(f)		07/10/2049		542,231
	81,987,715	Series 2016-P5-XA		1.51	%^(b)(f)		10/10/2049		752,811
	213,452,158	Series 2017-B1-XA		0.85	%^(b)(f)		08/15/2050		2,509,899
	36,372,476	Series 2017-P7-XA		1.23	%^(b)(f)		04/14/2050		476,578
	15,766,000	Series 2019-C7-XD		1.30	%^(a)(b)(f)		12/15/2072		749,930
	13,007,000	Series 2019-GC41-XD		0.97	%^(a)(b)(f)		08/10/2056		386,256
	11,280,000	Series 2019-GC43-XD		0.72	%^(a)(b)(f)		11/10/2052		283,369
	3,625,000	Series 2020-420K-D		3.42	%^(a)(b)		11/10/2042		3,215,097
	7,800,000	Series 2020-420K-E		3.42	%^(a)(b)		11/10/2042		6,651,775
	23,804,000	Series 2020-555-E		3.62	%^(a)(b)		12/10/2041		20,441,954
	2,853,000	Series 2020-GC46-B		3.15	%^(b)		02/15/2053		2,488,140
	21,133,200	Series 2020-GC46-XD		1.17	%^(a)(b)(f)		02/15/2053		938,694
	16,920,000	Series 2022-GC48-XD		2.54	%^(a)(b)(f)		06/15/2055		2,437,123
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	5,161,000	Series 2016-C1-B		4.20	%^(b)		05/10/2049		4,822,544
	100,952,100	Series 2016-C1-XA		1.51	%^(b)(f)		05/10/2049		261,032
	68,072,830	Series 2017-CD4-XA		1.37	%^(b)(f)		05/10/2050		1,078,185
	5,723,000	Series 2017-CD6-B		3.91	%^(b)		11/13/2050		5,443,086
	5,175,000	Series 2017-CD6-C		4.41	%^(b)		11/13/2050		4,886,988
	37,146,524	Series 2017-CD6-XA		1.03	%^(b)(f)		11/13/2050		549,954
	54,481,523	Series 2020-C9-XA		1.82	%^(b)(f)		09/15/2053		2,330,769
		Commercial Mortgage Pass Through Certificates
	13,118,101	Series 2013-CR12-XA		0.67	%^(b)(f)		10/10/2046		266
	165,104	Series 2013-CR13-C		5.11	%^(b)		11/10/2046		155,055
	4,345,000	Series 2014-CR16-C		4.94	%^(b)		04/10/2047		4,103,841
	12,691,652	Series 2014-CR20-C		4.83	%^(b)		11/10/2047		12,285,453
	3,776,693	Series 2014-UBS3-XA		0.76	%^(b)(f)		06/10/2047		80
	17,601,630	Series 2015-CR22-XA		0.37	%^(b)(f)		03/10/2048		113
	44,485,692	Series 2015-CR26-XA		0.99	%^(b)(f)		10/10/2048		1,001
	17,822,000	Series 2015-DC1-C		4.43	%^(b)		02/10/2048		15,880,026
	26,412,746	Series 2015-DC1-XA		0.71	%^(b)(f)		02/10/2048		404
	1,180,000	Series 2016-DC2-B		4.84	%^(b)		02/10/2049		1,164,888
	1,403,000	Series 2016-DC2-C		4.84	%^(b)		02/10/2049		1,376,943
	15,800,000	Series 2018-COR3-XD		1.75	%^(a)(b)(f)		05/10/2051		666,398
	18,570,000	Series 2018-HCLV-A (1 mo. Term SOFR + 1.30%, 1.00% Floor)		5.61	%^(a)		09/15/2033		17,013,661
		Computershare Corporate Trust
	3,174,851	Series 2015-C27-C		3.89	%		02/15/2048		2,815,030
	9,701,000	Series 2015-C31-C		4.79	%^(b)		11/15/2048		9,506,783

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	86,928,887	Series 2015-C31-XA		1.09	%^(b)(f)		11/15/2048		2,052
	3,000,000	Series 2015-LC22-C		4.67	%^(b)		09/15/2058		2,816,089
	8,438,000	Series 2015-NXS2-C		4.19	%^(b)		07/15/2058		7,824,222
	61,691,201	Series 2015-P2-XA		1.05	%^(b)(f)		12/15/2048		86,232
	10,085,000	Series 2016-C32-C		4.86	%^(b)		01/15/2059		9,936,728
	4,250,000	Series 2016-C34-B		4.09	%		06/15/2049		4,089,557
	5,890,000	Series 2016-LC24-C		4.57	%^(b)		10/15/2049		5,299,868
	1,490,200	Series 2016-NXS5-A6		3.64	%		01/15/2059		1,477,302
	94,727,686	Series 2016-NXS6-XA		1.68	%^(b)(f)		11/15/2049		808,368
	176,965,800	Series 2017-C39-XA		1.22	%^(b)(f)		09/15/2050		2,960,656
	1,904,000	Series 2017-C42-C		4.30	%^(b)		12/15/2050		1,671,613
	44,138,290	Series 2017-C42-XA		0.98	%^(b)(f)		12/15/2050		748,435
	1,758,000	Series 2017-RC1-C		4.59	%		01/15/2060		1,671,755
	132,236,073	Series 2018-C43-XA		0.72	%^(b)(f)		03/15/2051		1,737,093
	4,335,668	Series 2019-C49-XD		2.30	%^(a)(b)(f)		03/15/2052		293,584
	58,432,587	Series 2019-C50-XA		1.57	%^(b)(f)		05/15/2052		2,349,288
	3,193,000	Series 2019-C51-B		3.84	%^(b)		06/15/2052		2,827,358
	42,387,965	Series 2019-C51-XA		1.41	%^(b)(f)		06/15/2052		1,756,133
	24,972,000	Series 2019-C52-AS		3.14	%		08/15/2052		22,854,147
	68,838,481	Series 2019-C52-XA		1.70	%^(b)(f)		08/15/2052		3,454,019
	5,000,000	Series 2019-C53-C		3.58	%^(b)		10/15/2052		4,490,201
	8,777,333	Series 2019-C53-XD		1.61	%^(a)(b)(f)		10/15/2052		481,679
	129,337,156	Series 2019-C54-XA		0.96	%^(b)(f)		12/15/2052		4,066,153
	6,363,333	Series 2019-C54-XD		1.51	%^(a)(b)(f)		12/15/2052		341,607
	28,088,000	Series 2020-C55-AS		2.94	%		02/15/2053		25,427,196
	52,886,315	Series 2020-C55-XB		0.92	%^(b)(f)		02/15/2053		1,747,062
	132,080,134	Series 2020-C56-XA		1.38	%^(b)(f)		06/15/2053		6,387,501
	162,514,325	Series 2021-C61-XA		1.47	%^(b)(f)		11/15/2054		9,406,394
	9,132,000	Series 2021-C61-XD		1.53	%^(a)(b)(f)		11/15/2054		694,799
		Credit Suisse Mortgage Capital Certificates
	147,561,481	Series 2014-USA-X1		0.69	%^(a)(b)(f)		09/15/2037		169,666
	3,799,000	Series 2017-CALI-E		3.90	%^(a)(b)		11/10/2032		638,551
	6,050,000	Series 2017-CALI-F		3.90	%^(a)(b)		11/10/2032		635,441
	5,403,599	Series 2021-B33-A1		3.05	%^(a)		10/10/2043		5,137,669
	18,815,500	Series 2021-B33-A2		3.17	%^(a)		10/10/2043		16,518,827
	107,162,895	Series 2021-B33-X		0.62	%^(a)(b)(f)		10/10/2043		2,512,038
		CSAIL Commercial Mortgage Trust
	10,116,109	Series 2015-C2-AS		3.85	%^(b)		06/15/2057		9,988,618
	9,205,000	Series 2015-C3-B		4.17	%^(b)		08/15/2048		8,629,109
	2,299,000	Series 2015-C4-C		4.89	%^(b)		11/15/2048		2,275,908
	135,958,503	Series 2015-C4-XA		1.02	%^(b)(f)		11/15/2048		3,073
	9,425,000	Series 2016-C5-C		4.78	%^(b)		11/15/2048		9,238,827
	33,742,448	Series 2016-C6-XA		2.01	%^(b)(f)		01/15/2049		159,450
	11,020,000	Series 2016-C7-B		4.46	%^(b)		11/15/2049		10,614,483
	126,753,995	Series 2017-C8-XA		1.20	%^(b)(f)		06/15/2050		1,875,984
	4,399,000	Series 2017-CX10-B		3.89	%^(b)		11/15/2050		4,061,838
	65,852,363	Series 2017-CX10-XA		0.98	%^(b)(f)		11/15/2050		889,409
	1,886,000	Series 2018-C14-C		5.04	%^(b)		11/15/2051		1,724,097
	15,894,000	Series 2019-C16-B		3.88	%		06/15/2052		15,000,756
	24,048,127	Series 2019-C17-XA		1.46	%^(b)(f)		09/15/2052		1,003,783
	7,924,000	Series 2019-C18-B		3.59	%		12/15/2052		7,271,654
	216,639,449	Series 2019-C18-XA		1.12	%^(b)(f)		12/15/2052		7,294,294
	193,499,798	Series 2020-C19-XA		1.21	%^(b)(f)		03/15/2053		7,394,343
	81,465,000	Series 2020-C19-XB		0.15	%^(b)(f)		03/15/2053		316,997
		DOLP Trust
	11,475,000	Series 2021-NYC-F		3.70	%^(a)(b)		05/10/2041		8,427,468
		Extended Stay America Trust
	7,415,056	Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)		5.51	%^(a)		07/15/2038		7,421,588
		Franklin BSP Realty Trust, Inc.
	8,282,078	Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor)		5.80	%^(a)		02/15/2037		8,284,788
		FS Rialto Issuer LLC
	26,100,000	Series 2025-FL10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		08/19/2042		26,127,744

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Granite Point Mortgage Trust, Inc.
	10,852,493	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.35% Floor)		5.78	%^(a)		12/15/2036		10,822,150
		Great Wolf Trust
	15,000,000	Series 2024-WLF2-A (1 mo. Term SOFR + 1.69%)		6.00	%^(a)		05/15/2041		15,059,153
		Greystone Commercial Real Estate Notes
	2,920,376	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)		5.45	%^(a)		07/15/2039		2,925,069
	6,250,000	Series 2021-FL3-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.08	%^(a)		07/15/2039		6,202,756
		GS Mortgage Securities Corp. II
	3,000,000	Series 2013-GC13-B		4.01	%^(a)(b)		07/10/2046		2,908,079
	6,130,000	Series 2015-590M-C		3.93	%^(a)(b)		10/10/2035		6,101,831
	37,137,474	Series 2015-GC32-XA		0.72	%^(b)(f)		07/10/2048		564
	102,847,281	Series 2015-GC34-XA		1.33	%^(b)(f)		10/10/2048		3,065
	51,367,345	Series 2015-GS1-XA		0.85	%^(b)(f)		11/10/2048		85,044
	38,834,542	Series 2016-GS2-XA		1.88	%^(b)(f)		05/10/2049		202,192
	248,059,435	Series 2016-GS3-XA		1.30	%^(b)(f)		10/10/2049		2,013,300
	43,789,744	Series 2016-GS4-XA		0.68	%^(b)(f)		11/10/2049		187,223
	177,587,837	Series 2017-GS7-XA		1.22	%^(b)(f)		08/10/2050		2,851,688
	98,700,000	Series 2017-GS7-XB		0.47	%^(b)(f)		08/10/2050		640,672
	3,443,000	Series 2018-GS10-WLSA		5.07	%^(a)(b)		03/10/2033		831,142
	6,834,000	Series 2018-GS10-WLSB		5.07	%^(a)(b)		03/10/2033		674,553
	9,287,000	Series 2018-GS10-WLSC		5.07	%^(a)(b)		03/10/2033		866,946
	8,990,000	Series 2018-GS10-WLSD		5.07	%^(a)(b)		03/10/2033		792,024
	11,236,750	Series 2018-GS10-WLSE		5.07	%^(a)(b)		03/10/2033		901,474
	188,897,251	Series 2018-GS9-XA		0.55	%^(b)(f)		03/10/2051		1,764,508
	7,875,000	Series 2018-LUAU-A (1 mo. Term SOFR + 1.30%, 1.25% Floor)		5.61	%^(a)		11/15/2032		7,823,044
	15,571,000	Series 2018-TWR-A (1 mo. Term SOFR + 1.20%, 0.90% Floor)		5.51	%^(a)		07/15/2031		12,152,317
	3,897,000	Series 2018-TWR-D (1 mo. Term SOFR + 1.90%, 1.60% Floor)		6.21	%^(a)		07/15/2031		551,540
	11,950,000	Series 2018-TWR-E (1 mo. Term SOFR + 2.40%, 2.10% Floor)		6.71	%^(a)		07/15/2031		1,253,370
	11,242,000	Series 2018-TWR-F (1 mo. Term SOFR + 3.10%, 2.80% Floor)		7.41	%^(a)		07/15/2031		1,062,251
	4,648,000	Series 2018-TWR-G (1 mo. Term SOFR + 4.22%, 3.93% Floor)		8.53	%^(a)		07/15/2031		390,871
	51,701,016	Series 2019-GC38-XA		1.17	%^(b)(f)		02/10/2052		1,614,369
	13,057,806	Series 2019-GC39-XA		1.24	%^(b)(f)		05/10/2052		470,404
	21,600,000	Series 2019-GSA1-XD		1.13	%^(a)(b)(f)		11/10/2052		854,224
	169,289,978	Series 2020-GC45-XA		0.73	%^(b)(f)		02/13/2053		3,832,471
	25,009,000	Series 2020-GC45-XD		0.76	%^(a)(b)(f)		02/13/2053		656,989
	52,826,792	Series 2020-GSA2-XA		1.77	%^(a)(b)(f)		12/12/2053		3,583,352
		Hilton USA Trust
	5,692,000	Series 2016-SFP-A		2.83	%^(a)		11/05/2035		4,840,821
		Hudson Yards Mortgage Trust
	8,450,000	Series 2025-SPRL-A		5.65	%^(a)(b)		01/13/2040		8,719,544
		JP Morgan Chase Commercial Mortgage Securities
	323,200	Series 2007-CB20-X1		0.00	%^(a)(b)(f)		02/12/2051		—
	44,420,806	Series 2015-JP1-XA		1.03	%^(b)(f)		01/15/2049		86,656
	1,725,000	Series 2017-JP5-C		3.89	%^(b)		03/15/2050		1,514,676
	9,343,000	Series 2018-MINN-E (1 mo. Term SOFR + 2.80%, 3.50% Floor)		7.11	%^(a)		11/15/2035		6,641,135
	18,869,000	Series 2019-COR4-XD		2.18	%^(a)(b)(f)		03/10/2052		1,198,812
	84,215,568	Series 2019-COR5-XA		1.61	%^(b)(f)		06/13/2052		3,569,022
	8,500,000	Series 2019-COR5-XD		1.92	%^(a)(b)(f)		06/13/2052		511,770
	29,530,000	Series 2020-NNN-EFX		3.97	%^(a)		01/16/2037		9,302,245
		JPMBB Commercial Mortgage Securities Trust
	1,775,451	Series 2014-C21-C		4.71	%^(b)		08/15/2047		1,749,578
	31,249,946	Series 2014-C25-XA		0.61	%^(b)(f)		11/15/2047		378
	1,132,382	Series 2014-C26-XA		0.51	%^(b)(f)		01/15/2048		11
	8,236,400	Series 2015-C27-C		4.45	%^(b)		02/15/2048		5,498,621

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	10,425,000	Series 2015-C27-D		3.95	%^(a)(b)		02/15/2048		2,725,616
	10,663,088	Series 2015-C28-C		4.38	%^(b)		10/15/2048		10,509,678
	65,152,980	Series 2015-C30-XA		0.47	%^(b)(f)		07/15/2048		782
	48,819,760	Series 2015-C32-XA		1.23	%^(b)(f)		11/15/2048		1,377
	7,394,000	Series 2016-C1-C		4.85	%^(b)		03/17/2049		7,061,693
	15,994,525	Series 2016-C1-XA		1.30	%^(b)(f)		03/17/2049		61,011
		JPMDB Commercial Mortgage Securities Trust
	100,701,189	Series 2016-C2-XA		1.62	%^(b)(f)		06/15/2049		593,009
	132,869,093	Series 2017-C5-XA		1.01	%^(b)(f)		03/15/2050		1,125,654
	160,340,670	Series 2017-C7-XA		0.97	%^(b)(f)		10/15/2050		2,274,673
	13,604,000	Series 2019-COR6-AS		3.41	%^(b)		11/13/2052		11,902,737
	249,455,340	Series 2020-COR7-XA		1.78	%^(b)(f)		05/13/2053		12,893,498
		KREF
	24,545,117	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.50	%^(a)		02/15/2039		24,536,796
		LoanCore
	9,911,954	Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor)		5.85	%^(a)		01/17/2037		9,940,996
	26,610,000	Series 2025-CRE8-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		08/17/2042		26,411,543
		LSTAR Commercial Mortgage Trust
	14,874,316	Series 2017-5-X		1.00	%^(a)(b)(f)		03/10/2050		142,826
		Lument Finance Trust, Inc.
	10,800,000	Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor)		6.18	%^(a)		06/15/2039		10,793,369
		M360 LLC
	4,206,494	Series 2021-CRE3-A (1 mo. Term SOFR + 1.61%, 1.50% Floor)		5.94	%^(a)		11/22/2038		4,212,825
	7,162,000	Series 2021-CRE3-B (1 mo. Term SOFR + 2.36%, 2.25% Floor)		6.69	%^(a)		11/22/2038		7,183,164
		Manhattan West
	5,731,000	Series 2020-1MW-C		2.41	%^(a)(b)		09/10/2039		5,368,605
		MF1 Multifamily Housing Mortgage Loan Trust
	9,502,338	Series 2021-FL5-AS (1 mo. Term SOFR + 1.31%, 1.31% Floor)		5.63	%^(a)		07/15/2036		9,512,829
	8,519,687	Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor)		5.67	%^(a)		02/19/2037		8,519,711
	7,808,582	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.47	%^(a)		06/19/2037		7,830,603
	10,660,000	Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.00	%^(a)		08/18/2041		10,698,664
	26,120,000	Series 2025-FL17-A (1 mo. Term SOFR + 1.32%, 1.32% Floor)		5.63	%^(a)		02/18/2040		26,130,683
		MFT Trust
	9,417,000	Series 2020-ABC-A		3.36	%^(a)		02/10/2042		7,253,444
	4,317,000	Series 2020-ABC-B		3.59	%^(a)(b)		02/10/2042		3,039,253
		MHC Commercial Mortgage Trust
	520,719	Series 2021-MHC-A (1 mo. Term SOFR + 0.92%, 0.80% Floor)		5.23	%^(a)		04/15/2038		520,926
		Morgan Stanley ABS Capital I, Inc.
	4,353,603	Series 2021-ILP-A (1 mo. Term SOFR + 0.89%, 0.78% Floor)		5.20	%^(a)		11/15/2036		4,350,496
	17,326,703	Series 2021-ILP-D (1 mo. Term SOFR + 1.69%, 1.58% Floor)		6.00	%^(a)		11/15/2036		17,311,192
	16,661,659	Series 2024-NSTB-A		3.90	%^(a)(b)		09/24/2057		16,147,262
		Morgan Stanley Bank of America Merrill Lynch Trust
	9,861,910	Series 2012-CKSV-CK		4.30	%^(a)(b)		10/15/2030		6,351,070
	7,592,466	Series 2013-C11-AS		4.21	%^(b)		08/15/2046		7,137,752
	2,637,460	Series 2014-C19-C		4.00	%		12/15/2047		2,557,728
	10,286,000	Series 2015-C27-C		4.63	%^(b)		12/15/2047		9,739,724
	124,562,551	Series 2016-C28-XA		1.29	%^(b)(f)		01/15/2049		315,853
	6,032,000	Series 2016-C31-C		4.40	%^(b)		11/15/2049		5,322,652
	36,671,515	Series 2017-C33-XA		1.39	%^(b)(f)		05/15/2050		569,637
		Morgan Stanley Capital I Trust
	7,137,000	Series 2015-UBS8-B		4.32	%^(b)		12/15/2048		6,858,474
	20,884,098	Series 2015-UBS8-XA		0.99	%^(b)(f)		12/15/2048		31,042
		Morgan Stanley Capital I, Inc.
	514,910	Series 2006-HQ10-X1		0.93	%^(a)(b)(f)		11/12/2041		12
	126,622,637	Series 2017-H1-XA		1.45	%^(b)(f)		06/15/2050		2,023,075
	4,661,000	Series 2017-HR2-C		4.46	%^(b)		12/15/2050		4,429,750

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	9,386,700	Series 2019-H6-XD		1.72	%^(a)(b)(f)		06/15/2052		498,371
	5,305,000	Series 2019-H7-AS		3.52	%		07/15/2052		4,986,141
	71,697,574	Series 2019-L2-XA		1.16	%^(b)(f)		03/15/2052		2,169,762
	3,845,000	Series 2019-L3-AS		3.49	%		11/15/2052		3,597,996
	146,112,606	Series 2019-L3-XA		0.73	%^(b)(f)		11/15/2052		3,314,535
	15,090,000	Series 2019-L3-XD		1.27	%^(a)(b)(f)		11/15/2052		670,304
	3,355,000	Series 2019-NUGS-D (1 mo. Term SOFR + 1.91%, 3.30% Floor)		6.23	%^(a)		12/15/2036		390,556
	6,002,000	Series 2019-PLND-E (1 mo. Term SOFR + 2.26%, 2.15% Floor)		6.58	%^(a)		05/15/2036		598,700
	2,200,000	Series 2020-HR8-B		2.70	%		07/15/2053		1,885,943
	24,004,000	Series 2020-L4-B		3.08	%		02/15/2053		21,644,462
	283,768,579	Series 2020-L4-XA		1.19	%^(b)(f)		02/15/2053		11,776,737
	13,625,665	Series 2020-L4-XD		1.29	%^(a)(b)(f)		02/15/2053		648,390
	10,779,000	Series 2021-L6-C		3.57	%^(b)		06/15/2054		8,961,069
		MRCD Mortgage Trust
	7,794,000	Series 2019-PARK-F		2.72	%^(a)		12/15/2036		4,833,059
	16,270,000	Series 2019-PARK-G		2.72	%^(a)		12/15/2036		8,828,102
		Multifamily Tax-Exempt Mortgage-backed Securities M-TEMS
	61,635,888	Series 2021-2		0.83	%^(b)(f)		03/25/2035		2,522,141
		Natixis Commercial Mortgage Securities Trust
	13,188,800	Series 2020-2PAC-D		3.75	%^(a)		12/15/2038		11,213,025
		NJ
	14,239,000	Series 2025-WBRK-A		5.87	%^(a)(b)		03/05/2035		14,727,842
		NYC Commercial Mortgage Trust
	6,770,000	Series 2025-3BP-A (1 mo. Term SOFR + 1.21%, 1.21% Floor)		5.52	%^(a)		02/15/2042		6,719,487
		NYT Mortgage Trust
	16,882,000	Series 2019-NYT-D (1 mo. Term SOFR + 2.30%, 2.00% Floor)		6.61	%^(a)		12/15/2035		15,833,304
		ROCK Trust
	46,015,000	Series 2024-CNTR-A		5.39	%^(a)		11/13/2041		47,120,023
		SFO Commercial Mortgage Trust
	11,621,000	Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		05/15/2038		11,576,356
	2,240,000	Series 2021-555-B (1 mo. Term SOFR + 1.61%, 1.50% Floor)		5.93	%^(a)		05/15/2038		2,226,125
		SLG Office Trust
	37,079,000	Series 2021-OVA-F		2.85	%^(a)		07/15/2041		29,690,790
		SMR Mortgage Trust
	4,131,535	Series 2022-IND-G (1 mo. Term SOFR + 7.50%, 7.50% Floor)		11.81	%^(a)		02/15/2039		3,666,473
		SREIT Trust
	37,000,000	Series 2021-IND-G (1 mo. Term SOFR + 3.38%, 3.27% Floor)		7.69	%^(a)		10/15/2038		36,585,101
	3,014,796	Series 2021-MFP-A (1 mo. Term SOFR + 0.85%, 0.73% Floor)		5.16	%^(a)		11/15/2038		3,013,824
	4,445,860	Series 2021-MFP-E (1 mo. Term SOFR + 2.14%, 2.03% Floor)		6.45	%^(a)		11/15/2038		4,447,598
	13,400,000	Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor)		5.25	%^(a)		11/15/2036		13,395,999
		Starwood Property Trust, Inc.
	18,221,381	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		04/18/2038		18,146,929
		STWD Trust
	1,344,000	Series 2021-FLWR-D (1 mo. Term SOFR + 1.49%, 1.38% Floor)		5.80	%^(a)		07/15/2036		1,342,862
		TCO Commercial Mortgage Trust
	2,490,000	Series 2024-DPM-C (1 mo. Term SOFR + 1.99%, 1.99% Floor)		6.30	%^(a)		12/15/2039		2,488,771
		TPG Real Estate Finance Issuer Ltd.
	8,134,079	Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		03/15/2038		8,133,729
	22,335,532	Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor)		5.96	%^(a)		02/15/2039		22,413,573
	26,180,000	Series 2025-FL6-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.85	%^(a)		09/18/2042		26,210,290
		UBS Commercial Mortgage Trust
	8,000,000	Series 2017-C1-C		4.44	%		06/15/2050		7,320,948
	70,960,330	Series 2017-C1-XA		1.62	%^(b)(f)		06/15/2050		1,386,671
	1,124,000	Series 2017-C2-C		4.30	%^(b)		08/15/2050		1,054,266
	6,857,000	Series 2017-C3-B		4.09	%^(b)		08/15/2050		6,582,157
	9,816,551	Series 2017-C3-XA		1.22	%^(b)(f)		08/15/2050		150,070
	3,561,000	Series 2017-C4-B		4.24	%^(b)		10/15/2050		3,388,607
	2,886,000	Series 2017-C6-C		4.86	%^(b)		12/15/2050		2,598,887

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	544,000	Series 2017-C7-A4		3.68	%		12/15/2050		533,487
	1,020,000	Series 2018-C11-B		4.71	%^(b)		06/15/2051		958,538
	2,854,000	Series 2018-C13-B		4.79	%^(b)		10/15/2051		2,703,351
	37,402,223	Series 2018-C9-XA		1.07	%^(b)(f)		03/15/2051		756,086
	8,350,000	Series 2019-C17-AS		3.20	%		10/15/2052		7,661,165
	12,767,000	Series 2019-C17-XD		1.89	%^(a)(b)(f)		10/15/2052		835,856
	14,858,000	Series 2019-C18-AS		3.38	%^(b)		12/15/2052		13,561,882
	9,705,000	Series 2019-C18-B		3.68	%^(b)		12/15/2052		8,592,498
	11,574,000	Series 2019-C18-XD		1.55	%^(a)(b)(f)		12/15/2052		637,092
		UBS-Barclays Commercial Mortgage Trust
	6,117,000	Series 2019-C3-XD		1.93	%^(a)(b)(f)		05/15/2052		369,518
	163,845,951	Series 2019-C4-XA		1.66	%^(b)(f)		08/15/2052		7,833,524
	13,091,000	Series 2019-C4-XD		1.27	%^(a)(b)(f)		08/15/2052		538,819
	65,232,654	Series 2019-C5-XA		0.97	%^(b)(f)		11/15/2052		1,776,240
	14,866,000	Series 2019-C5-XD		1.45	%^(a)(b)(f)		11/15/2052		736,472
		VEGAS Trust
	66,928,000	Series 2024-TI-A		5.52	%^(a)		11/10/2039		67,867,388
		Wells Fargo Commercial Mortgage Trust
	118,398,415	Series 2024-5C1-XA		1.26	%^(b)(f)		07/15/2057		4,323,164
	3,930,000	Series 2025-5C4-A3		5.67	%		05/15/2058		4,098,679
	69,365,696	Series 2025-5C4-XA		1.35	%^(b)(f)		05/15/2058		3,319,010
	64,453,393	Series 2025-C64-XA		1.24	%^(b)(f)		02/15/2058		4,850,053
		WF-RBS Commercial Mortgage Trust
	7,317,421	Series 2014-C21-B		4.21	%^(b)		08/15/2047		7,111,050
		WHARF Trust
	2,650,000	Series 2025-DC-A		5.35	%^(a)(b)		07/15/2040		2,705,061
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $2,989,060,884)							2,283,334,079
	NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 23.9%
		Accredited Mortgage Loan Trust
	12,875,000	Series 2006-1-M2 (1 mo. Term SOFR + 0.45%, 0.34% Floor)		1.73	%		04/25/2036		10,068,222
		ACE Securities Corp.
	1,481,088	Series 2007-ASP1-A2C (1 mo. Term SOFR + 0.63%, 0.52% Floor)		4.95	%		03/25/2037		598,416
	9,416,864	Series 2007-HE1-A2B (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.67	%		01/25/2037		5,682,279
	2,194,351	Series 2007-HE1-A2C (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.77	%		01/25/2037		1,324,073
	2,057,204	Series 2007-HE1-A2D (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		01/25/2037		1,241,274
	68,662,605	Series 2007-WM1-A1A (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		11/25/2036		19,956,745
	3,738,009	Series 2007-WM1-A2A (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.57	%		11/25/2036		1,533,575
	4,041,078	Series 2007-WM1-A2D (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.87	%		11/25/2036		1,658,149
	2,569,308	Series 2007-WM2-A2C (1 mo. Term SOFR + 0.67%, 0.56% Floor)		4.99	%		02/25/2037		1,057,149
	2,252,411	Series 2007-WM2-A2D (1 mo. Term SOFR + 0.85%, 0.74% Floor)		5.17	%		02/25/2037		926,704
		Adjustable Rate Mortgage Trust
	2,475,766	Series 2004-4-CB1 (1 mo. Term SOFR + 1.26%, 1.15% Floor, 10.00% Cap)		5.58	%		03/25/2035		2,131,851
	16,625,315	Series 2005-11-4A1		5.39	%^(b)		02/25/2036		8,585,773
	1,113,000	Series 2005-4-2A1		6.56	%^(b)		08/25/2035		1,042,896
	92,191	Series 2005-7-3A1		4.90	%^(b)		10/25/2035		88,899
	3,477,124	Series 2005-8-3A21		5.11	%^(b)		11/25/2035		2,446,975
	9,803,615	Series 2006-2-5A1		4.95	%^(b)		05/25/2036		1,679,203
	4,126,530	Series 2007-1-3A1		4.99	%^(b)		03/25/2037		3,857,946
	782,612	Series 2007-3-1A1		5.13	%^(a)(b)		11/25/2037		773,635
		Aegis Asset Backed Securities Trust
	800,034	Series 2004-1-M2 (1 mo. Term SOFR + 2.14%, 2.03% Floor)		6.46	%		04/25/2034		806,469

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	617,792	Series 2004-2-M2 (1 mo. Term SOFR + 2.06%, 1.95% Floor)		6.38	%		06/25/2034		599,600
	2,862,140	Series 2004-6-M2 (1 mo. Term SOFR + 1.11%, 1.00% Floor, 15.00% Cap)		5.43	%		03/25/2035		2,727,037
	8,433,487	Series 2006-1-A2 (1 mo. Term SOFR + 0.45%, 0.34% Floor, 12.00% Cap)		4.77	%		01/25/2037		6,323,970
		AlphaFlow Transitional Mortgage Trust
	3,642,912	Series 2021-WL1-A1		3.28	%^(a)(d)		01/25/2026		3,455,340
		American Home Mortgage Assets LLC
	2,574,409	Series 2006-2-2A1 (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.81	%		09/25/2046		2,417,752
		American Home Mortgage Investment Trust
	2,511,792	Series 2005-4-3A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 11.00% Cap)		5.03	%		11/25/2045		1,739,657
	11,403,529	Series 2005-4-5A (6 mo. Term SOFR + 2.18%, 1.75% Floor, 11.00% Cap)		6.46	%		11/25/2045		4,252,395
	2,146,383	Series 2006-2-3A4		7.10	%^(d)		06/25/2036		300,257
	7,248,123	Series 2007-A-13A1		6.60	%^(a)(d)		01/25/2037		943,959
		Ameriquest Mortgage Securities, Inc.
	1,728,306	Series 2004-FR1-M1		3.73	%^(d)		05/25/2034		1,716,479
		Amortizing Residential Collateral Trust
	4,375,397	Series 2002-BC7-M1 (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%		10/25/2032		3,345,052
		AMSR Trust
	10,000,000	Series 2020-SFR5-F		2.69	%^(a)		11/17/2037		9,873,399
	6,500,000	Series 2021-SFR3-E1		2.33	%^(a)		10/17/2038		6,244,010
	11,000,000	Series 2021-SFR3-E2		2.43	%^(a)		10/17/2038		10,529,284
	18,500,000	Series 2021-SFR3-F		3.23	%^(a)		10/17/2038		17,842,702
	6,500,000	Series 2021-SFR4-D		2.77	%^(a)		12/17/2038		6,296,478
	10,500,000	Series 2021-SFR4-E1		2.97	%^(a)		12/17/2038		10,131,181
		Angel Oak Mortgage Trust LLC
	9,121,000	Series 2021-7-M1		3.26	%^(a)(b)		10/25/2066		6,517,960
	3,000,000	Series 2025-7-A3		5.92	%^(a)(b)		06/25/2070		3,048,453
	5,007,000	Series 2025-7-M1		6.35	%^(a)		06/25/2070		5,082,325
		Argent Securities, Inc. Asset-Backed Pass-Through Certificates
	9,652,851	Series 2004-W11-M6 (1 mo. Term SOFR + 1.99%, 1.88% Floor)		6.31	%		11/25/2034		8,220,727
	97,860,118	Series 2006-M3-A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.61	%		10/25/2036		54,077,472
	10,997,332	Series 2006-W5-A1A (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%		06/25/2036		7,248,299
		Asset Backed Funding Certificates
	78,564,384	Series 2007-WMC1-A1A (1 mo. Term SOFR + 1.36%, 1.25% Floor)		5.68	%		06/25/2037		56,016,139
		Asset Backed Securities Corp. Home Equity
	1,172,462	Series 2004-HE3-M2 (1 mo. Term SOFR + 1.79%, 1.68% Floor)		6.11	%		06/25/2034		1,149,398
	16,882,390	Series 2006-HE7-A1 (1 mo. Term SOFR + 0.38%, 0.27% Floor)		3.84	%		11/25/2036		15,156,716
		Banc of America Alternative Loan Trust
	399,996	Series 2005-10-4A1		5.75	%		11/25/2035		370,598
	1,559,962	Series 2005-11-2CB1		6.00	%		12/25/2035		1,494,440
	1,076,094	Series 2006-2-1CB1		6.00	%		03/25/2036		995,191
	1,334,498	Series 2006-2-3CB1		6.50	%		03/25/2036		1,223,267
	388,404	Series 2006-5-CB14 (1 mo. Term SOFR + 1.21%, 6.00% Floor, 6.00% Cap)		6.00	%		06/25/2046		339,261
	905,881	Series 2006-6-CB3		6.00	%		07/25/2046		791,209
	7,658,838	Series 2006-7-A4		6.50	%^(d)		10/25/2036		2,051,541
	1,224,522	Series 2006-8-1A1 (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap)		2.07	%^(f)(h)		11/25/2036		134,342
	436,413	Series 2006-8-1A2 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.88	%		11/25/2036		341,838
	1,967,291	Series 2006-9-1CB1		6.00	%		01/25/2037		1,766,260
	334,742	Series 2007-2-2A1		6.00	%		06/25/2037		286,182
		Banc of America Funding Corp.
	2,176,697	Series 2006-2-3A1		6.00	%		03/25/2036		1,880,376

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	58,838	Series 2006-2-4A1 (-3 x 1 mo. Term SOFR + 22.46%, 0.00% Floor, 22.80% Cap)		9.50	%^(h)		03/25/2036		57,826
	75,720	Series 2006-2-6A2		5.50	%		03/25/2036		75,692
	247,060	Series 2006-3-1A1		6.00	%		03/25/2036		211,291
	132,323	Series 2006-3-6A1		6.37	%^(b)		03/25/2036		135,555
	1,171,303	Series 2006-6-1A7		6.25	%		08/25/2036		1,022,668
	411,912	Series 2006-7-T2A5		6.54	%^(d)		10/25/2036		375,588
	1,941,471	Series 2006-7-T2A8		6.41	%^(d)		10/25/2036		1,770,460
	506,322	Series 2006-8T2-A8		6.60	%^(d)		10/25/2036		448,648
	218,867	Series 2006-B-7A1		4.47	%^(b)		03/20/2036		191,877
	3,754,475	Series 2006-D-6A1		4.01	%^(b)		05/20/2036		3,184,508
	77,855	Series 2006-H-3A1		4.23	%^(b)		09/20/2046		63,863
	43,041,499	Series 2006-H-5A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 10.50% Cap)		4.79	%		10/20/2036		13,079,451
	404,674	Series 2007-1-TA10		6.34	%^(d)		01/25/2037		377,891
	560,039	Series 2007-3-TA1B		5.83	%^(b)		04/25/2037		487,046
	1,069,129	Series 2007-5-1A1		5.50	%		07/25/2037		871,742
	569,738	Series 2009-R14A-3A (-2 x 1 mo. Term SOFR + 16.30%, 5.50% Floor, 16.57% Cap)		6.19	%^(a)(h)		06/26/2035		538,235
	803,943	Series 2009-R15A-4A2		5.75	%^(a)(b)		12/26/2036		712,911
	491,242	Series 2010-R1-3A (-2 x 1 mo. Term SOFR + 14.10%, 6.00% Floor, 14.28% Cap)		7.41	%^(a)(h)		07/26/2036		484,707
	4,848,535	Series 2014-R6-3A2		4.71	%^(a)(b)(g)		10/26/2036		4,359,692
	10,527,746	Series 2014-R8-A2 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.67	%^(a)		06/26/2036		8,711,824
	17,238,106	Series 2015-R2-4A2 (1 mo. Term SOFR + 0.28%, 0.17% Floor)		3.57	%^(a)		09/29/2036		14,460,468
		Banc of America Mortgage Securities, Inc.
	773,832	Series 2006-1-A9		6.00	%		05/25/2036		655,996
	134,581	Series 2007-1-2A5		5.75	%		01/25/2037		117,494
	2,988,570	Series 2007-3-2A8		7.00	%		09/25/2037		2,548,736
		BankUnited Trust
	4,753,197	Series 2005-1-2A1		4.58	%^(b)		09/25/2045		4,338,635
		Barclays PLC
	6,203,385	Series 2010-RR6-7A10		7.79	%^(a)(b)		02/26/2037		2,344,237
		Bayview Commercial Asset Trust
	557,592	Series 2007-3-A2 (1 mo. Term SOFR + 0.55%, 0.00% Floor)		4.87	%^(a)		07/25/2037		527,371
		Bayview Financial Acquisition Trust
	1,900,148	Series 2006-C-2A4 (1 mo. Term SOFR + 0.53%, 0.00% Floor)		4.86	%		11/28/2036		1,774,985
		BCAP LLC Trust
	17,802,585	Series 2007-AA2-11A (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.81	%^(a)		05/25/2047		18,342,195
	1,925,981	Series 2007-AA2-2A7		6.00	%		04/25/2037		851,350
	2,085,091	Series 2007-AA2-2A8		5.75	%		04/25/2037		884,175
	10,159,968	Series 2008-RR3-A1B		6.70	%^(a)(b)		10/25/2036		3,193,411
	1,454,035	Series 2009-RR13-18A2		5.75	%^(a)(b)		07/26/2037		687,562
	2,519,710	Series 2009-RR4-4A2		5.75	%^(a)(b)		02/26/2036		1,102,328
		Bear Stearns Adjustable Rate Mortgage Trust
	202,258	Series 2005-12-13A1		4.72	%^(b)		02/25/2036		145,414
	1,838,718	Series 2006-4-4A1		4.99	%^(b)		10/25/2046		1,595,537
	2,300,751	Series 2007-1-2A1		5.83	%^(b)		02/25/2047		2,015,696
	661,239	Series 2007-1-3A1		4.55	%^(b)		02/25/2047		644,335
	7,874,321	Series 2007-2-2A1 (12 mo. Term SOFR + 2.59%, 1.88% Floor, 11.15% Cap)		6.37	%		12/25/2046		6,570,509
		Bear Stearns Alt-A Trust
	179,208	Series 2004-11-2A3		5.61	%^(b)		11/25/2034		182,166
	9,104,971	Series 2006-3-21A1		4.49	%^(b)		05/25/2036		6,524,819
	3,472,401	Series 2006-5-1A1 (1 mo. Term SOFR + 0.45%, 0.34% Floor, 11.50% Cap)		4.77	%		08/25/2036		3,113,408
	5,527,822	Series 2006-6-2A1		4.33	%^(b)		11/25/2036		2,523,988
	2,791,803	Series 2006-8-2A1		4.71	%^(b)		08/25/2046		1,915,159
	4,527,198	Series 2007-1-1A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 11.50% Cap)		4.75	%		01/25/2047		3,867,790

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Bear Stearns Asset Backed Securities Trust
	2,159,437	Series 2004-AC4-A2		5.50	%^(d)		08/25/2034		2,162,855
	4,819,968	Series 2005-AC2-1A		5.75	%^(d)		04/25/2035		4,136,384
	1,564,431	Series 2005-AC2-2A1		5.75	%^(d)		04/25/2035		1,503,251
	18,585,580	Series 2005-AC6-22A		5.11	%^(b)		09/25/2035		15,066,378
	4,460,156	Series 2005-AC7-A4		6.00	%^(d)		10/25/2035		2,714,733
	5,757,431	Series 2006-AC1-1A1		6.25	%^(d)		02/25/2036		2,614,340
	547,380	Series 2006-AC5-A1		6.75	%^(d)		12/25/2036		559,542
	18,429,845	Series 2007-HE4-2A (1 mo. Term SOFR + 0.33%, 0.22% Floor)		4.65	%		05/25/2037		17,033,797
	10,947,212	Series 2007-HE6-2A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.48	%		08/25/2037		9,788,274
	921,502	Series 2007-SD1-1A2A		6.00	%		10/25/2036		297,830
	1,323,155	Series 2007-SD1-1A3A		6.50	%		10/25/2036		464,698
	1,179,243	Series 2007-SD1-23A1		5.82	%^(b)		10/25/2036		587,771
		Bear Stearns Mortgage Funding Trust
	5,580,389	Series 2006-AR3-2A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 10.50% Cap)		4.83	%		11/25/2036		5,109,686
	2,334,454	Series 2006-AR4-A2 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 10.50% Cap)		4.79	%		12/25/2037		2,272,818
	5,233,617	Series 2007-AR3-22A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 10.50% Cap)		4.75	%		04/25/2037		5,032,610
		BNC Mortgage Loan Trust
	3,467,477	Series 2006-2-A4 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.75	%		11/25/2036		3,392,938
	3,525,831	Series 2007-1-A4 (1 mo. Term SOFR + 0.27%, 0.16% Floor)		4.59	%		03/25/2037		3,445,708
	4,722,078	Series 2007-4-A4 (1 mo. Term SOFR + 1.61%, 1.50% Floor)		5.93	%		11/25/2037		4,030,528
		BNP Paribas Mortgage Securities LLC
	23,502,859	Series 2009-1-B1		6.00	%^(a)		08/27/2037		10,683,341
		CAFL Issuer LLC
	26,206,384	Series 2021-RTL1-A1		4.24	%^(a)(d)		03/28/2029		26,207,563
	3,334,645	Series 2021-RTL1-A2		5.10	%^(a)(d)		03/28/2029		3,335,139
		Carrington Mortgage Loan Trust
	3,672,569	Series 2006-FRE2-A2 (1 mo. Term SOFR + 0.23%, 0.12% Floor, 12.50% Cap)		4.55	%		10/25/2036		2,786,603
	17,708,671	Series 2006-FRE2-A3 (1 mo. Term SOFR + 0.27%, 0.16% Floor, 12.50% Cap)		4.59	%		10/25/2036		13,442,126
	5,450,594	Series 2006-FRE2-A4 (1 mo. Term SOFR + 0.36%, 0.25% Floor, 12.50% Cap)		4.68	%		10/25/2036		4,139,435
	2,915,014	Series 2006-NC3-A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 12.50% Cap)		4.73	%		08/25/2036		2,833,590
	21,656,347	Series 2006-NC4-A3 (1 mo. Term SOFR + 0.27%, 0.16% Floor, 12.50% Cap)		4.59	%		10/25/2036		21,102,738
	20,523,965	Series 2006-NC5-A3 (1 mo. Term SOFR + 0.26%, 0.15% Floor, 14.50% Cap)		4.58	%		01/25/2037		18,340,275
	8,315,989	Series 2007-RFC1-A3 (1 mo. Term SOFR + 0.25%, 0.14% Floor, 14.50% Cap)		4.57	%		12/25/2036		8,135,532
		Cascade MH Asset Trust
	13,573,585	Series 2019-MH1-A		4.00	%^(a)(b)		11/25/2044		12,963,018
		Centex Home Equity
	2,750,000	Series 2004-A-AF5		5.43	%^(d)		01/25/2034		2,749,592
		Chase Mortgage Finance Corp.
	2,060,603	Series 2005-A1-2A4		4.94	%^(b)		12/25/2035		1,963,208
	7,061,179	Series 2006-S1-A5		6.50	%		05/25/2036		3,128,153
	6,456,378	Series 2006-S2-1A9		6.25	%		10/25/2036		2,348,155
	4,616,965	Series 2006-S3-1A2		6.00	%		11/25/2036		1,829,552
	13,205,969	Series 2006-S4-A8		6.00	%		12/25/2036		5,311,577
	3,920,263	Series 2007-S1-A7		6.00	%		02/25/2037		1,505,627
	2,255,911	Series 2007-S3-1A5		6.00	%		05/25/2037		960,966
	1,043,705	Series 2007-S3-2A1		5.50	%		05/25/2037		10
	2,191,626	Series 2007-S5-1A18		6.00	%		07/25/2037		952,960
		Chaseflex Trust
	803,959	Series 2005-1-3A1		6.00	%		02/25/2035		684,663
	70,211	Series 2006-1-A5		6.16	%^(b)		06/25/2036		67,317
	1,822,672	Series 2006-2-A2B (1 mo. Term SOFR + 0.31%, 0.20% Floor, 11.50% Cap)		4.37	%		09/25/2036		1,528,848

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	3,141,507	Series 2007-1-1A1		6.50	%		02/25/2037		1,060,507
	4,257,979	Series 2007-M1-2F4		4.28	%^(d)		08/25/2037		3,612,922
	4,428,677	Series 2007-M1-2F5		4.28	%^(d)		08/25/2037		3,757,404
		Citigroup Financial Products, Inc.
	1,344,537	Series 2007-AMC3-A2D (1 mo. Term SOFR + 0.46%, 0.35% Floor)		4.78	%		03/25/2037		1,162,994
		Citigroup Mortgage Loan Trust, Inc.
	343,600	Series 2005-9-21A1		5.50	%		11/25/2035		321,461
	691,596	Series 2006-4-2A1A		6.00	%		12/25/2035		687,965
	4,019,708	Series 2006-AR3-1A1A		5.69	%^(b)		06/25/2036		3,816,956
	2,029,183	Series 2006-FX1-A6		7.35	%^(d)		10/25/2036		1,180,330
	8,203,867	Series 2006-WF1-A2D		6.42	%^(d)		03/25/2036		3,911,494
	8,471,708	Series 2006-WF2-A2D		6.66	%^(d)		05/25/2036		3,059,746
	1,397,346	Series 2007-10-1A1A		5.16	%^(b)		04/25/2037		1,330,760
	511,128	Series 2007-12-2A1		6.50	%^(a)(b)		10/25/2036		259,867
	13,764,467	Series 2007-9-1A1		5.75	%^(a)		04/25/2047		7,505,300
	588,977	Series 2007-9-2A2		6.50	%^(a)(b)		05/25/2037		524,966
	33,329,834	Series 2007-AMC2-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%^(a)		01/25/2037		31,014,051
	1,590,746	Series 2007-AR8-1A1A		3.70	%^(b)		08/25/2047		1,389,325
	3,281,366	Series 2007-OPX1-A2 (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.83	%		01/25/2037		1,376,533
	3,229,939	Series 2007-OPX1-A3A		7.47	%^(d)		01/25/2037		1,371,577
	7,119,948	Series 2007-OPX1-A5A		7.26	%^(d)		01/25/2037		3,024,645
	2,515,315	Series 2010-7-9A4		6.00	%^(a)(b)		10/25/2037		2,238,756
	11,235,243	Series 2010-8-7A4		6.00	%^(a)(b)		06/25/2037		10,582,219
	2,196,286	Series 2014-8-3A2		6.00	%^(a)(b)		03/25/2037		1,950,594
	93,829,348	Series 2019-A-PT1		3.92	%^(a)		10/25/2058		78,100,266
	144,829,065	Series 2019-D-PT1		3.54	%^(a)(b)		04/25/2064		121,083,326
	173,319,974	Series 2020-RP1-A1		1.50	%^(a)(b)		08/25/2064		154,477,337
	26,293,400	Series 2020-RP1-M1		2.00	%^(a)(b)		08/25/2064		20,047,866
	22,116,950	Series 2020-RP1-M2		2.50	%^(a)(b)		08/25/2064		16,742,949
	18,676,200	Series 2020-RP1-M3		2.75	%^(a)(b)		08/25/2064		13,645,963
	48,967,371	Series 2020-RP1-PT5		6.62	%^(a)(b)		08/25/2064		40,388,728
	9,961,608	Series 2021-JL1-A		2.75	%^(a)(b)		02/27/2062		9,630,619
	225,649,674	Series 2021-RP2-A1		1.75	%^(a)(b)		03/25/2065		203,078,366
	34,186,100	Series 2021-RP2-M1		3.25	%^(a)(b)		03/25/2065		29,090,860
	28,635,750	Series 2021-RP2-M2		3.40	%^(a)(b)		03/25/2065		23,488,694
	26,589,300	Series 2021-RP2-M3		3.40	%^(a)(b)		03/25/2065		20,767,924
	78,007,059	Series 2021-RP2-PT1		5.59	%^(a)(b)		03/25/2065		64,416,435
		Citimortgage Alternative Loan Trust
	1,243,133	Series 2006-A1-1A5		5.50	%		04/25/2036		1,172,279
	1,499,874	Series 2006-A2-A2		6.00	%		05/25/2036		1,422,907
	1,438,091	Series 2006-A3-1A13		6.00	%		07/25/2036		1,267,988
	1,183,998	Series 2006-A4-1A8		6.00	%		09/25/2036		1,097,814
	1,198,108	Series 2006-A5-3A3Pool 2006-A5		6.00	%		10/25/2036		1,077,469
	3,561,588	Series 2006-A6-1A2 (1 mo. Term SOFR + 0.61%, 6.00% Floor, 6.00% Cap)		6.00	%		11/25/2036		3,268,546
	1,806,327	Series 2007-A1-1A5		6.00	%		01/25/2037		1,628,183
	880,704	Series 2007-A1-1A7		6.00	%		01/25/2037		793,847
	2,388,156	Series 2007-A1-1A8 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.03	%		01/25/2037		1,978,352
	2,253,491	Series 2007-A1-1A9 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.97	%^(f)(h)		01/25/2037		168,243
	1,805,243	Series 2007-A3-1A1		6.00	%^(j)		03/25/2037		1,584,130
	4,154,443	Series 2007-A3-1A3 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.97	%^(f)(h)		03/25/2037		310,874
	1,628,037	Series 2007-A3-1A4		5.75	%		03/25/2037		1,421,672
	2,954,380	Series 2007-A4-1A3 (1 mo. Term SOFR + 0.44%, 0.33% Floor, 7.00% Cap)		4.76	%		04/25/2037		2,397,980
	2,954,380	Series 2007-A4-1A4 (-1 x 1 mo. Term SOFR + 6.56%, 0.00% Floor, 6.67% Cap)		2.24	%^(f)(h)		04/25/2037		341,113
	3,128,874	Series 2007-A4-1A5		5.75	%		04/25/2037		2,761,366

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	405,805	Series 2007-A5-1A11		6.00	%		05/25/2037		387,429
	5,350,243	Series 2007-A5-1A8		6.00	%		05/25/2037		5,107,987
	177,527	Series 2007-A8-A1		6.00	%		10/25/2037		164,140
		CitiMortgage, Inc.
	1,492,147	Series 2005-1-1A4		5.50	%		02/25/2035		1,461,261
		Colony American Finance Ltd.
	9,000,000	Series 2020-3-D		2.95	%^(a)(b)		08/15/2053		7,814,976
		COLT Funding LLC
	14,812,000	Series 2021-5-M1		3.26	%^(a)(b)		11/26/2066		11,410,969
	4,294,000	Series 2021-HX1-B1		3.11	%^(a)(b)		10/25/2066		3,212,824
	4,130,000	Series 2021-HX1-B2		3.86	%^(a)(b)		10/25/2066		3,214,412
	6,000,000	Series 2021-HX1-M1		2.36	%^(a)(b)		10/25/2066		4,366,759
	9,347,649	Series 2022-4-A1		4.30	%^(a)(b)		03/25/2067		9,322,349
	3,000,000	Series 2025-6-A3		5.89	%^(a)(d)		08/25/2070		3,037,479
	3,000,000	Series 2025-6-M1		6.27	%^(a)(b)		08/25/2070		3,042,936
		Countrywide Alternative Loan Trust
	21,595,975	Series 2004-36CB-1A1		6.00	%		02/25/2035		15,388,262
	4,387,230	Series 2005-13CB-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 5.50% Cap)		4.93	%		05/25/2035		3,572,247
	2,003,911	Series 2005-13CB-A3		5.50	%		05/25/2035		1,742,090
	2,057,932	Series 2005-20CB-2A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 5.50% Cap)		4.93	%		07/25/2035		1,216,813
	4,201,611	Series 2005-20CB-2A2 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap)		0.57	%^(f)(h)		07/25/2035		269,510
	1,199,708	Series 2005-26CB-A11 (-2 x 1 mo. Term SOFR + 12.84%, 0.00% Floor, 13.05% Cap)		5.01	%^(h)		07/25/2035		825,477
	1,635,098	Series 2005-28CB-1A2 (1 mo. Term SOFR + 0.86%, 0.75% Floor, 5.50% Cap)		5.18	%		08/25/2035		1,320,319
	894,519	Series 2005-28CB-3A6		6.00	%		08/25/2035		342,924
	4,779,800	Series 2005-32T1-A9		5.50	%		08/25/2035		2,580,854
	1,804,957	Series 2005-46CB-A14		5.50	%		10/25/2035		1,247,029
	914,425	Series 2005-46CB-A20		5.50	%		10/25/2035		631,768
	3,496,304	Series 2005-48T1-A2		5.50	%		11/25/2035		1,928,291
	1,211,502	Series 2005-54CB-3A4		5.50	%		11/25/2035		654,463
	26,617,142	Series 2005-55CB-1A1		5.50	%		11/25/2035		17,604,003
	10,195,013	Series 2005-57CB-1A1		5.50	%		12/25/2035		7,395,392
	292,573	Series 2005-60T1-A7 (-7 x 1 mo. Term SOFR + 35.09%, 0.00% Floor, 35.93% Cap)		3.42	%^(h)		12/25/2035		169,623
	267,651	Series 2005-64CB-1A14		5.50	%		12/25/2035		238,842
	3,884,626	Series 2005-64CB-1A4		5.50	%		12/25/2035		3,466,490
	818,062	Series 2005-73CB-1A5 (1 mo. Term SOFR + 0.91%, 0.80% Floor, 5.50% Cap)		5.23	%		01/25/2036		757,213
	2,058,074	Series 2005-73CB-1A6 (-1 x 1 mo. Term SOFR + 4.59%, 0.00% Floor, 4.70% Cap)		0.27	%^(f)(h)		01/25/2036		82,718
	28,711,990	Series 2005-77T1-1A1		6.00	%		02/25/2036		13,281,747
	396,327	Series 2005-79CB-A5		5.50	%		01/25/2036		217,042
	16,681,449	Series 2005-80CB-4A1		6.00	%		02/25/2036		7,613,772
	18,400,074	Series 2005-85CB-1A1		6.00	%		02/25/2036		7,115,187
	1,029,575	Series 2005-85CB-2A6 (-4 x 1 mo. Term SOFR + 21.21%, 0.00% Floor, 21.63% Cap)		5.38	%^(h)		02/25/2036		797,386
	793,566	Series 2005-86CB-A5		5.50	%		02/25/2036		452,098
	2,889,120	Series 2005-J1-5A3		5.50	%		02/25/2035		2,823,182
	12,285	Series 2005-J1-7A1		5.50	%		12/25/2025		10,389
	1,016,423	Series 2005-J10-1A11		5.50	%		10/25/2035		656,245
	231,314	Series 2005-J10-1A13 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.50% Cap)		5.13	%		10/25/2035		134,989
	108,358	Series 2005-J10-1A15		5.50	%		10/25/2035		69,960
	349,601	Series 2005-J11-1A3		5.50	%		11/25/2035		192,363
	320,384	Series 2005-J13-2A5 (1 mo. Term SOFR + 0.59%, 0.48% Floor, 5.50% Cap)		4.91	%		11/25/2035		199,269
	640,769	Series 2005-J13-2A6 (-1 x 1 mo. Term SOFR + 4.91%, 0.00% Floor, 5.02% Cap)		0.59	%^(f)(h)		11/25/2035		39,382
	385,026	Series 2005-J2-1A5 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 5.50% Cap)		4.93	%		04/25/2035		297,878

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,184,694	Series 2005-J2-1A6 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap)		0.57	%^(f)(h)		04/25/2035		65,540
	2,429,886	Series 2005-J3-2A8 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 5.50% Cap)		4.73	%		05/25/2035		1,839,252
	2,429,886	Series 2005-J3-2A9 (-1 x 1 mo. Term SOFR + 5.09%, 0.00% Floor, 5.20% Cap)		0.77	%^(f)(h)		05/25/2035		158,272
	2,468,620	Series 2006-12CB-A3 (1 mo. Term SOFR + 5.75%, 5.75% Floor)		5.75	%		05/25/2036		1,190,639
	3,042,511	Series 2006-12CB-A8		6.00	%		05/25/2036		1,525,000
	26,968,742	Series 2006-15CB-A1		6.50	%		06/25/2036		12,383,990
	2,477,078	Series 2006-16CB-A7		6.00	%		06/25/2036		1,295,992
	662,041	Series 2006-18CB-A12 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.03	%		07/25/2036		266,953
	662,041	Series 2006-18CB-A13 (-1 x 1 mo. Term SOFR + 5.39%, 0.00% Floor, 5.50% Cap)		1.07	%^(f)(h)		07/25/2036		68,317
	3,204,689	Series 2006-19CB-A12 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.00% Cap)		4.83	%		08/25/2036		1,393,913
	4,345,751	Series 2006-19CB-A13 (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap)		1.17	%^(f)(h)		08/25/2036		506,769
	668,917	Series 2006-19CB-A15Pool 2006-1		6.00	%		08/25/2036		379,536
	4,099,434	Series 2006-23CB-2A3		6.50	%		08/25/2036		1,236,261
	1,198,106	Series 2006-24CB-A11		5.75	%		08/25/2036		592,012
	3,506,708	Series 2006-24CB-A14 (-1 x 1 mo. Term SOFR + 7.04%, 0.00% Floor, 7.15% Cap)		2.72	%^(f)(h)		08/25/2036		658,317
	2,811,923	Series 2006-24CB-A22		6.00	%		08/25/2036		1,438,428
	3,018,038	Series 2006-24CB-A5 (1 mo. Term SOFR + 0.71%, 0.06% Floor, 6.00% Cap)		5.03	%		08/25/2036		1,258,623
	1,399,783	Series 2006-26CB-A17		6.25	%		09/25/2036		663,588
	1,796,740	Series 2006-26CB-A9		6.50	%		09/25/2036		882,983
	2,381,720	Series 2006-29T1-1A2		6.25	%		10/25/2036		1,278,183
	355,369	Series 2006-29T1-2A12 (-7 x 1 mo. Term SOFR + 45.41%, 0.00% Floor, 46.15% Cap)		17.33	%^(h)		10/25/2036		468,610
	217,671	Series 2006-29T1-2A23 (-4 x 1 mo. Term SOFR + 32.87%, 0.00% Floor, 33.37% Cap)		14.15	%^(h)		10/25/2036		227,027
	1,848,436	Series 2006-2CB-A9		6.00	%		03/25/2036		832,196
	2,250,750	Series 2006-30T1-1A2		6.25	%		11/25/2036		1,653,236
	1,926,275	Series 2006-32CB-A1 (1 mo. Term SOFR + 0.78%, 0.67% Floor, 6.00% Cap)		5.10	%		11/25/2036		885,969
	3,213,027	Series 2006-32CB-A2 (-1 x 1 mo. Term SOFR + 5.22%, 0.00% Floor, 5.33% Cap)		0.90	%^(f)(h)		11/25/2036		316,247
	7,329,685	Series 2006-36T2-2A1		6.25	%		12/25/2036		3,009,006
	591,636	Series 2006-36T2-2A4		6.25	%		12/25/2036		242,880
	686,110	Series 2006-39CB-1A10		6.00	%		01/25/2037		568,353
	13,057,046	Series 2006-39CB-2A2 (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap)		2.12	%^(f)(h)		01/25/2037		723,039
	4,446,540	Series 2006-39CB-2A4 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.88	%		01/25/2037		508,416
	1,052,307	Series 2006-40T1-1A11		6.00	%		01/25/2037		624,461
	1,791,128	Series 2006-40T1-1A4 (-1 x 1 mo. Term SOFR + 5.34%, 0.00% Floor, 5.45% Cap)		1.02	%^(f)(h)		01/25/2037		178,027
	2,651,872	Series 2006-41CB-1A10		6.00	%		01/25/2037		1,326,261
	6,485,608	Series 2006-41CB-1A15 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.97	%^(f)(h)		01/25/2037		685,166
	6,485,608	Series 2006-41CB-1A2 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.03	%		01/25/2037		2,482,094
	2,792,478	Series 2006-41CB-1A9		6.00	%		01/25/2037		1,396,581
	3,401,448	Series 2006-42-1A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.03	%		01/25/2047		1,410,545
	3,401,448	Series 2006-42-1A2 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.97	%^(f)(h)		01/25/2047		318,108
	2,265,187	Series 2006-42-1A3		6.00	%		01/25/2047		1,158,072
	2,567,211	Series 2006-43CB-1A12		5.75	%		02/25/2037		1,259,254
	8,882,199	Series 2006-43CB-1A6		6.00	%		02/25/2037		4,520,613

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	9,706,994	Series 2006-45T1-1A1 (1 mo. Term SOFR + 0.61%, 6.00% Floor, 6.00% Cap)		6.00	%		02/25/2037		3,531,798
	3,131,288	Series 2006-45T1-1A4 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.03	%		02/25/2037		871,589
	3,131,288	Series 2006-45T1-1A5 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.97	%^(f)(h)		02/25/2037		233,101
	1,348,742	Series 2006-45T1-2A2		6.00	%		02/25/2037		728,163
	5,160,663	Series 2006-4CB-1A1		6.00	%		04/25/2036		2,407,522
	529,018	Series 2006-6CB-1A4Pool 0066CB		5.50	%		05/25/2036		431,928
	3,996,515	Series 2006-7CB-1A14		6.00	%		05/25/2036		2,052,150
	6,969,201	Series 2006-7CB-1A16		6.00	%		05/25/2036		3,578,579
	2,135,363	Series 2006-7CB-1A6		6.00	%		05/25/2036		1,110,683
	2,162,720	Series 2006-7CB-1A9		6.00	%		05/25/2036		1,110,524
	798,706	Series 2006-9T1-A11		6.00	%		05/25/2036		313,570
	1,645,121	Series 2006-J1-1A10		5.50	%		02/25/2036		1,116,519
	3,337,888	Series 2006-J1-1A3		5.50	%		02/25/2036		2,265,375
	758,917	Series 2006-J4-2A2		6.00	%		07/25/2036		434,471
	1,017,174	Series 2006-J7-1A1		6.25	%		11/25/2036		478,754
	24,908,492	Series 2006-OA21-A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%		03/20/2047		21,415,990
	2,070,465	Series 2006-OA7-1A2 (12 Month US Treasury Average + 0.94%, 0.94% Floor)		5.34	%		06/25/2046		2,032,566
	581,386	Series 2007-11T1-A24 (-6 x 1 mo. Term SOFR + 39.21%, 0.00% Floor, 39.90% Cap)		13.30	%^(h)		05/25/2037		515,806
	9,073,402	Series 2007-12T1-A11		6.00	%		06/25/2037		4,036,345
	8,072,434	Series 2007-15CB-A1		6.00	%		07/25/2037		6,649,424
	4,815,857	Series 2007-15CB-A2		5.75	%		07/25/2037		2,761,177
	5,777,284	Series 2007-15CB-A5		5.75	%		07/25/2037		3,312,413
	7,143,723	Series 2007-16CB-2A1 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.88	%		08/25/2037		2,306,586
	2,068,644	Series 2007-16CB-2A2 (-8 x 1 mo. Term SOFR + 53.63%, 0.00% Floor, 54.58% Cap)		17.64	%^(h)		08/25/2037		2,633,415
	2,318,854	Series 2007-16CB-4A7		6.00	%		08/25/2037		1,697,392
	4,636,182	Series 2007-17CB-1A10 (-5 x 1 mo. Term SOFR + 29.37%, 0.00% Floor, 29.90% Cap)		9.51	%^(h)		08/25/2037		3,927,291
	672,206	Series 2007-18CB-2A25		6.00	%		08/25/2037		396,289
	580,132	Series 2007-19-1A10 (-6 x 1 mo. Term SOFR + 38.31%, 0.00% Floor, 39.00% Cap)		12.40	%^(h)		08/25/2037		625,718
	10,397,670	Series 2007-19-1A34		6.00	%		08/25/2037		4,836,984
	8,526,696	Series 2007-19-1A4		6.00	%		08/25/2037		3,966,609
	26,890,368	Series 2007-19-2A1		6.50	%		08/25/2037		11,342,914
	2,634,593	Series 2007-21CB-2A2 (-4 x 1 mo. Term SOFR + 27.94%, 0.00% Floor, 28.40% Cap)		10.67	%^(h)		09/25/2037		2,124,499
	17,436,021	Series 2007-22-2A16		6.50	%		09/25/2037		6,149,372
	6,571,110	Series 2007-23CB-A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap)		4.93	%		09/25/2037		2,352,781
	9,325,768	Series 2007-23CB-A4 (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap)		2.07	%^(f)(h)		09/25/2037		1,438,422
	957,658	Series 2007-24-A2 (-6 x 1 mo. Term SOFR + 41.01%, 0.00% Floor, 41.70% Cap)		15.10	%^(h)		10/25/2037		789,615
	1,914,910	Series 2007-24-A3 (-1 x 1 mo. Term SOFR + 6.84%, 0.00% Floor, 6.95% Cap)		2.52	%^(f)(h)		10/25/2037		261,349
	3,141,414	Series 2007-24-A4 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 7.00% Cap)		5.13	%		10/25/2037		684,898
	4,154,794	Series 2007-24-A6 (1 mo. Term SOFR + 1.11%, 1.00% Floor, 7.00% Cap)		5.43	%		10/25/2037		969,978
	2,979,903	Series 2007-2CB-1A4 (1 mo. Term SOFR + 1.11%, 5.75% Floor, 100.00% Cap)		5.75	%		03/25/2037		1,543,617
	3,382,761	Series 2007-5CB-1A18 (-1 x 1 mo. Term SOFR + 5.54%, 0.00% Floor, 5.65% Cap)		1.22	%^(f)(h)		04/25/2037		399,740
	3,382,761	Series 2007-5CB-1A23 (1 mo. Term SOFR + 0.66%, 0.55% Floor, 6.00% Cap)		4.98	%		04/25/2037		1,352,657
	13,473,468	Series 2007-5CB-1A31		5.50	%		04/25/2037		6,219,785
	5,708,262	Series 2007-5CB-2A1		6.00	%		04/25/2037		2,600,336

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	4,465,358	Series 2007-6-A1		5.75	%		04/25/2047		2,310,739
	4,896,301	Series 2007-6-A4		5.75	%		04/25/2047		2,533,744
	1,307,653	Series 2007-7T2-A8		6.00	%		04/25/2037		584,049
	222,011	Series 2007-8CB-A12 (-6 x 1 mo. Term SOFR + 39.51%, 0.00% Floor, 40.20% Cap)		13.60	%^(h)		05/25/2037		279,867
	236,993	Series 2007-8CB-A8 (-6 x 1 mo. Term SOFR + 39.39%, 0.00% Floor, 40.08% Cap)		13.48	%^(h)		05/25/2037		296,784
	385,648	Series 2007-9T1-1A4 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)		4.93	%		05/25/2037		134,881
	385,648	Series 2007-9T1-1A5 (-1 x 1 mo. Term SOFR + 5.39%, 0.00% Floor, 5.50% Cap)		1.07	%^(f)(h)		05/25/2037		35,211
	1,424,562	Series 2007-9T1-2A1		6.00	%		05/25/2037		608,412
	15,549,114	Series 2007-HY2-1A		5.04	%^(b)		03/25/2047		14,821,644
	12,303,808	Series 2007-HY4-4A1		4.40	%^(b)		06/25/2037		11,723,062
		Countrywide Asset-Backed Certificates
	17,544,000	Series 2005-11-MF1		5.35	%^(b)		02/25/2036		15,145,198
	16,738,044	Series 2006-25-1A (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		06/25/2047		15,756,266
	4,707,276	Series 2006-26-1A (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		06/25/2037		4,490,942
	21,083,243	Series 2007-4-A5		4.39	%^(d)		04/25/2047		15,919,251
	8,404,058	Series 2007-BC1-1A (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		05/25/2037		7,984,530
		Countrywide Home Loan Mortgage Pass Through Trust
	332,011	Series 2003-60-4A1		6.77	%^(b)		02/25/2034		331,920
	520,928	Series 2004-R2-1AF1 (1 mo. Term SOFR + 0.53%, 0.42% Floor, 9.50% Cap)		4.86	%^(a)		11/25/2034		495,603
	506,862	Series 2004-R2-1AS		1.63	%^(a)(b)(f)		11/25/2034		26,045
	11,329,220	Series 2005-17-2A1		5.50	%		09/25/2035		4,963,676
	2,104,246	Series 2005-18-A1		5.50	%		10/25/2035		1,051,193
	1,779,660	Series 2005-20-A5		5.50	%		10/25/2035		1,065,397
	1,303,216	Series 2005-20-A8		5.25	%		10/25/2035		776,323
	5,633,111	Series 2005-23-A1		5.50	%		11/25/2035		2,992,676
	1,278,969	Series 2005-24-A8		5.50	%		11/25/2035		660,094
	1,884,825	Series 2005-26-1A12		5.50	%		11/25/2035		1,131,976
	428,027	Series 2005-27-2A1		5.50	%		12/25/2035		163,695
	727,165	Series 2005-28-A7		5.25	%		11/01/2035		374,279
	5,410,885	Series 2005-HYB1-4A1		4.93	%^(b)		03/25/2035		5,108,437
	38,432	Series 2005-HYB8-1A1		5.43	%^(b)		12/20/2035		38,244
	5,570,242	Series 2005-HYB8-4A1		4.64	%^(b)		12/20/2035		4,964,891
	497,009	Series 2005-J3-2A4		4.50	%		09/25/2035		437,367
	580,654	Series 2005-J4-A5		5.50	%		11/25/2035		483,536
	157,059	Series 2005-R1-1AF1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 9.50% Cap)		4.79	%^(a)		03/25/2035		151,854
	156,453	Series 2005-R1-1AS		1.74	%^(a)(b)(f)		03/25/2035		7,706
	6,227,434	Series 2006-1-A2		6.00	%		03/25/2036		3,126,168
	4,174,649	Series 2006-14-A5		6.25	%		09/25/2036		1,639,247
	2,977,841	Series 2006-16-2A1		6.50	%		11/25/2036		872,636
	1,254,352	Series 2006-20-1A21		6.00	%		02/25/2037		568,226
	14,295,442	Series 2006-8-1A3		6.00	%		05/25/2036		8,492,726
	164,294	Series 2006-J3-A4		5.50	%		05/25/2036		167,346
	3,814,312	Series 2007-10-A7		6.00	%		07/25/2037		1,665,742
	13,079,546	Series 2007-11-A1		6.00	%		08/25/2037		5,593,691
	6,205,795	Series 2007-12-A9		5.75	%		08/25/2037		3,057,100
	2,775,003	Series 2007-13-A1		6.00	%		08/25/2037		1,252,988
	4,546,996	Series 2007-13-A10		6.00	%		08/25/2037		2,053,090
	3,087,636	Series 2007-15-1A1		6.25	%		09/25/2037		1,845,366
	431,272	Series 2007-15-1A16		6.25	%		09/25/2037		257,755
	1,242,421	Series 2007-15-1A2		6.25	%		09/25/2037		742,232
	1,517,233	Series 2007-15-1A29		6.25	%		09/25/2037		906,756
	2,420,353	Series 2007-17-1A2		6.00	%		10/25/2037		1,668,491
	317,649	Series 2007-18-1A1		6.00	%		11/25/2037		137,126
	1,299,257	Series 2007-2-A2		6.00	%		03/25/2037		550,472
	35,118,039	Series 2007-21-1A1		6.25	%		02/25/2038		15,469,465
	3,509,800	Series 2007-3-A1		6.00	%		04/25/2037		1,611,240

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,351,748	Series 2007-3-A12		6.00	%		04/25/2037		620,545
	3,100,779	Series 2007-4-1A39		6.00	%		05/25/2037		1,342,338
	1,062,732	Series 2007-5-A2		5.75	%		05/25/2037		503,242
	4,102,838	Series 2007-7-A1		6.00	%		06/25/2037		1,965,829
	1,843,870	Series 2007-7-A11		5.50	%		06/25/2037		812,573
	1,229,891	Series 2007-7-A2		5.75	%		06/25/2037		565,644
	4,281,217	Series 2007-8-1A4		6.00	%		01/25/2038		1,803,993
	2,246,767	Series 2007-8-1A5		5.44	%		01/25/2038		879,593
	3,641,523	Series 2007-8-1A8		6.00	%		01/25/2038		1,534,443
	5,216,520	Series 2007-8-1A9 (1 mo. Term SOFR + 6.00%, 4.00% Floor, 6.00% Cap)		6.00	%		01/25/2038		2,174,587
	5,128,086	Series 2007-9-A1		5.75	%		07/25/2037		2,411,575
	674,896	Series 2007-9-A11		5.75	%		07/25/2037		317,382
	2,823,768	Series 2007-HY1-1A1		4.74	%^(b)		04/25/2037		2,646,016
	7,478,281	Series 2007-HYB1-2A1		4.08	%^(b)		03/25/2037		6,368,497
	390,586	Series 2007-J3-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)		4.93	%		07/25/2037		125,192
	1,952,930	Series 2007-J3-A2 (-1 x 1 mo. Term SOFR + 5.39%, 0.00% Floor, 5.50% Cap)		1.07	%^(f)(h)		07/25/2037		175,931
		Credit Suisse First Boston Mortgage Securities Corp.
	1,622,277	Series 2005-10-5A4		5.50	%		11/25/2035		1,163,696
	341,539	Series 2005-10-5A5		5.50	%		11/25/2035		245,227
		Credit Suisse Management LLC
	3,507,145	Series 2005-11-2A1		6.00	%		12/25/2035		2,346,840
	4,661,757	Series 2005-12-5A1		5.25	%		01/25/2036		4,067,774
	9,680,346	Series 2005-12-7A1		7.00	%		01/25/2036		1,600,031
	2,301,691	Series 2005-8-3A10		5.50	%		09/25/2035		1,780,303
	3,360,747	Series 2005-8-7A1		7.00	%		09/25/2035		1,373,287
		Credit Suisse Mortgage Capital Certificates
	721,090	Series 2005-1R-2A5		5.75	%^(a)		12/26/2035		492,248
	11,358,075	Series 2006-1-2A1		6.00	%		02/25/2036		3,043,878
	2,225,306	Series 2006-2-5A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 6.00% Cap)		5.13	%		03/25/2036		693,872
	12,438,440	Series 2006-2-5A2 (-1 x 1 mo. Term SOFR + 5.19%, 0.00% Floor, 5.30% Cap)		0.87	%^(f)(h)		03/25/2036		955,897
	2,590,910	Series 2006-2-5A3		6.25	%		03/25/2036		1,024,573
	7,012,038	Series 2006-2-5A4		6.00	%		03/25/2036		2,664,421
	828,742	Series 2006-3-4A3		5.50	%		04/25/2036		538,426
	500,996	Series 2006-3-4A4		5.50	%		04/25/2036		325,492
	2,392,458	Series 2006-4-1A8 (1 mo. Term SOFR + 1.11%, 6.00% Floor, 6.00% Cap)		6.00	%		05/25/2036		1,256,583
	20,338,667	Series 2006-4-4A1		7.00	%		05/25/2036		5,220,834
	7,094,686	Series 2006-4-6A1		6.00	%		05/25/2036		2,479,896
	6,595,672	Series 2006-6-1A4		6.00	%		07/25/2036		3,043,640
	10,035,754	Series 2006-6-3A1		7.00	%		07/25/2036		2,162,408
	109,972	Series 2006-7-3A11		6.00	%		08/25/2036		38,231
	1,428,783	Series 2006-7-7A5		6.00	%		08/25/2036		1,084,589
	1,573,134	Series 2006-9-2A1		5.50	%		11/25/2036		1,478,705
	7,143,224	Series 2006-9-3A1		6.00	%		11/25/2036		6,272,972
	2,931,937	Series 2006-9-4A1		6.00	%		11/25/2036		1,641,635
	1,352,942	Series 2006-9-6A14		6.00	%		11/25/2036		958,533
	219,802	Series 2006-9-6A15 (-6 x 1 mo. Term SOFR + 39.21%, 0.00% Floor, 39.90% Cap)		13.26	%^(h)		11/25/2036		255,648
	8,057,756	Series 2007-1-1A4		6.13	%^(b)		02/25/2037		1,909,763
	5,498,577	Series 2007-1-3A1		6.00	%		02/25/2026		633,912
	20,062	Series 2007-2-2A1		5.00	%		03/25/2037		14,540
	1,954,256	Series 2007-5-2A5		5.00	%		08/25/2037		1,718,812
	19,063,009	Series 2007-5-3A19		6.00	%		08/25/2037		14,914,412
	8,386,919	Series 2007-5-3A9		6.00	%		08/25/2037		6,562,017
	1,998,442	Series 2008-2R-1A1		6.00	%^(a)		07/25/2037		1,713,382
	8,270,846	Series 2009-11R-4A1		7.00	%^(a)(b)		09/26/2037		2,153,091
	5,752,506	Series 2009-12R-5A1		6.00	%^(a)		06/27/2036		2,872,354
	1,229,195	Series 2010-13R-1A2		5.50	%^(a)(b)		12/26/2035		1,076,273

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	13,118,763	Series 2010-17R-6A1		4.00	%^(a)(b)		06/26/2037		12,742,620
	5,000,257	Series 2010-4R-3A17		6.00	%^(a)(b)		06/26/2037		4,549,194
	2,468,749	Series 2010-4R-8A17		6.00	%^(a)(b)		06/26/2037		2,246,048
	8,205,275	Series 2010-7R-1A17		6.00	%^(a)(b)		01/26/2037		4,543,276
	6,445,204	Series 2012-10R-4A2		4.71	%^(a)(b)		08/26/2046		4,387,260
	7,497,624	Series 2013-9R-A1		3.00	%^(a)(b)		05/27/2043		6,730,744
	62,433,137	Series 2017-RPL2-PT		0.00	%^(a)(b)		02/25/2056		47,219,175
	156,043,374	Series 2019-RPL6-PT1		4.18	%^(a)(b)		11/25/2058		133,625,715
	4,227,000	Series 2020-AFC1-B1		3.45	%^(a)(b)		02/25/2050		3,280,870
	155,341,843	Series 2020-RPL1-PT1		3.30	%^(a)(b)		10/25/2069		125,745,136
	7,469,850	Series 2021-NQM1-B1		2.83	%^(a)(b)		05/25/2065		5,597,941
	6,225,825	Series 2021-NQM5-M1		2.17	%^(a)(b)		05/25/2066		4,252,173
	3,180,040	Series 2021-NQM6-B1		3.29	%^(a)(b)		07/25/2066		2,213,260
	7,445,317	Series 2021-NQM6-M1		2.58	%^(a)(b)		07/25/2066		5,158,298
	24,004,278	Series 2021-RPL9-A1		3.78	%^(a)(b)		02/25/2061		23,790,054
		Credit-Based Asset Servicing and Securitization LLC
	6,858,475	Series 2006-CB4-AV3 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		3.08	%		05/25/2036		4,634,024
		CSAB Mortgage Backed Trust
	3,787,235	Series 2006-3-A4B		6.61	%^(d)		11/25/2036		515,486
	2,144,692	Series 2006-4-A6A		6.18	%^(d)		12/25/2036		335,063
	7,725,668	Series 2007-1-1A1A		5.90	%^(b)		05/25/2037		1,709,374
		CSMCM Trust
	6,627,813	Series 2019-RPL6-CERT		0.00	%^(a)(b)		11/25/2058		5,312,157
	8,176,174	Series 2020-RPL1-CERT		3.23	%^(a)(b)		01/25/2046		6,294,391
		DB US Financial Markets Holding Corp.
	3,299,086	Series 2014-RS1-3A2 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 7.00% Cap)		4.84	%^(a)		10/27/2036		2,513,814
		Deutsche ALT-A Securities, Inc.
	6,360,437	Series 2005-4-A5		5.50	%^(b)		09/25/2035		5,748,557
	139,879	Series 2005-5-1A6 (-7 x 1 mo. Term SOFR + 35.09%, 0.00% Floor, 35.93% Cap)		3.42	%^(h)		11/25/2035		250,962
	447,363	Series 2005-5-2A1 (1 mo. Term SOFR + 0.31%, 0.20% Floor, 5.50% Cap)		4.63	%		11/25/2035		171,361
	1,350,189	Series 2005-5-2A2 (-1 x 1 mo. Term SOFR + 5.19%, 0.00% Floor, 5.30% Cap)		0.87	%^(f)(h)		11/25/2035		74,296
	4,141,125	Series 2005-6-2A1		5.50	%		12/25/2035		3,485,708
	2,454,984	Series 2006-AB1-A1C		5.67	%^(b)		02/25/2036		2,248,127
	330,873	Series 2006-AB2-A2		4.68	%^(b)		06/25/2036		305,360
	581,081	Series 2006-AB4-A1A		6.01	%^(b)		10/25/2036		508,036
	8,114,311	Series 2006-AB4-A2		5.65	%^(b)		10/25/2036		7,096,366
	578,047	Series 2006-AB4-A3		5.90	%^(b)		10/25/2036		505,428
	840,380	Series 2006-AB4-A3A1		5.90	%^(b)		10/25/2036		734,054
	1,655,712	Series 2006-AB4-A6A1		6.37	%^(d)		10/25/2036		1,444,981
	11,050,075	Series 2007-2-2A1 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%		09/25/2047		9,490,898
	13,705,638	Series 2007-OA3-A2 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		07/25/2047		11,656,906
		Deutsche Mortgage Securities, Inc.
	3,618,606	Series 2006-PR1-3A1		5.93	%^(a)(h)		04/15/2036		3,331,245
	595,952	Series 2006-PR1-4AI1		5.91	%^(a)(h)		04/15/2036		569,682
	971,826	Series 2006-PR1-4AI2		6.15	%^(a)(h)		04/15/2036		942,090
	229,778	Series 2006-PR1-5AI1		6.07	%^(a)(h)		04/15/2036		229,332
	2,023,033	Series 2006-PR1-5AI3		6.37	%^(a)(h)		04/15/2036		1,929,122
	33,515,256	Series 2006-PR1-5AI4		5.93	%^(a)(h)		04/15/2036		31,865,695
		Equifirst Loan Securitization Trust
	7,735,733	Series 2007-1-A2B (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%		04/25/2037		7,173,018
		Fannie Mae Connecticut Avenue Securities
	16,000,000	Series 2025-R04-1M2 (30 day avg SOFR US + 1.50%, 0.00% Floor)		5.81	%^(a)		05/25/2045		16,041,142
		FBR Securitization Trust
	22,750,000	Series 2005-2-M4 (1 mo. Term SOFR + 1.04%, 0.93% Floor, 14.00% Cap)		5.36	%		09/25/2035		20,272,980
	5,500,000	Series 2005-5-M3 (1 mo. Term SOFR + 0.85%, 0.74% Floor, 14.00% Cap)		5.17	%		11/25/2035		5,210,368

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Fieldstone Mortgage Investment Corp.
	2,855,138	Series 2007-1-2A2 (1 mo. Term SOFR + 0.38%, 0.27% Floor, 12.25% Cap)		4.98	%		04/25/2047		2,155,617
		Figure line of credit trust
	11,990,029	Series 2020-1-A		4.04	%^(a)(b)		09/25/2049		11,625,072
		First Franklin Mortgage Loan Asset Backed Certificates
	7,487,702	Series 2006-FF8-M1 (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.81	%		07/25/2036		6,374,413
	4,000,000	Series 2006-FF9-2A4 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		06/25/2036		3,684,488
	16,515,779	Series 2007-FF2-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		03/25/2037		8,572,487
	19,693,423	Series 2007-FF2-A2C (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%		03/25/2037		9,328,670
		First Horizon Alternative Mortgage Securities
	2,505,937	Series 2005-AA4-1A1		4.87	%^(b)		05/25/2035		1,092,993
	3,167,087	Series 2005-FA8-1A4		5.50	%		11/25/2035		1,449,741
	234,998	Series 2005-FA8-2A1		5.00	%		02/25/2037		230,418
	843,462	Series 2006-AA3-A1		5.14	%^(b)		06/25/2036		672,764
	1,779,518	Series 2006-FA1-1A12		6.00	%		04/25/2036		725,799
	5,971,391	Series 2006-FA1-1A3		5.75	%		04/25/2036		2,336,174
	1,183,306	Series 2006-FA2-1A5		6.00	%		05/25/2036		458,403
	1,860,762	Series 2006-FA8-1A5		6.00	%		02/25/2037		680,103
	2,546,062	Series 2006-RE1-A1		5.50	%^(b)		05/25/2035		1,617,552
	10,087,159	Series 2007-FA3-A3		6.00	%		06/25/2037		3,100,504
	519,036	Series 2007-FA3-A4		6.00	%		06/25/2037		159,537
	579,855	Series 2007-FA4-1A13		6.25	%		08/25/2037		200,539
	1,790,057	Series 2007-FA4-1A4		6.25	%		08/25/2037		619,080
	1,017,756	Series 2007-FA4-1A5		6.25	%		08/25/2037		351,985
		First Horizon Asset Securities, Inc.
	863,883	Series 2006-1-1A2		6.00	%		05/25/2036		316,796
	1,532,553	Series 2007-4-1A1		6.00	%		08/25/2037		557,771
		FirstKey Homes Trust
	9,000,000	Series 2020-SFR1-E		2.79	%^(a)		08/17/2037		8,938,219
	18,000,000	Series 2020-SFR2-D		1.97	%^(a)		10/19/2037		17,753,351
	26,225,000	Series 2020-SFR2-E		2.67	%^(a)		10/19/2037		25,929,541
	16,350,000	Series 2021-SFR1-E1		2.39	%^(a)		08/17/2038		15,788,315
	11,500,000	Series 2021-SFR1-E2		2.49	%^(a)		08/17/2038		11,105,227
	8,000,000	Series 2021-SFR2-D		2.06	%^(a)		09/17/2038		7,669,432
	8,000,000	Series 2021-SFR2-E1		2.26	%^(a)		09/17/2038		7,683,094
	8,000,000	Series 2021-SFR2-E2		2.36	%^(a)		09/17/2038		7,683,214
	34,891,000	Series 2021-SFR3-B		2.44	%^(a)		12/17/2038		33,902,622
	29,584,000	Series 2021-SFR3-C		2.54	%^(a)		12/17/2038		28,707,181
	22,626,000	Series 2021-SFR3-D		2.79	%^(a)		12/17/2038		21,860,074
	45,314,000	Series 2021-SFR3-E1		2.99	%^(a)		12/17/2038		43,551,598
	25,293,000	Series 2021-SFR3-E2		3.08	%^(a)		12/17/2038		24,310,175
	10,174,000	Series 2021-SFR3-F1		3.58	%^(a)		12/17/2038		9,794,255
		Freddie Mac Structured Agency Credit Risk Debt Notes
	75,600,000	Series 2022-DNA3-M1B (30 day avg SOFR US + 2.90%, 0.00% Floor)		7.21	%^(a)		04/25/2042		77,925,169
	2,046,469	Series 2024-DNA3-M1 (30 day avg SOFR US + 1.00%, 0.00% Floor)		5.31	%^(a)		10/25/2044		2,046,455
	25,686,725	Series 2024-HQA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)		5.51	%^(a)		08/25/2044		25,705,042
	23,000,000	Series 2024-HQA2-M2 (30 day avg SOFR US + 1.80%, 0.00% Floor)		6.11	%^(a)		08/25/2044		23,095,747
	20,092,650	Series 2025-DNA1-A1 (30 day avg SOFR US + 0.95%, 0.00% Floor)		5.26	%^(a)		01/25/2045		20,072,561
	31,789,590	Series 2025-DNA1-M1 (30 day avg SOFR US + 1.05%, 0.00% Floor)		5.36	%^(a)		01/25/2045		31,823,847
	13,833,000	Series 2025-DNA1-M2 (30 day avg SOFR US + 1.35%, 0.00% Floor)		5.66	%^(a)		01/25/2045		13,841,314

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Freedom Mortgage Parent LLC
	62,350,000	Series 2020-GT1-A		4.45	%^(a)(b)		01/25/2026		61,002,966
	72,500,000	Series 2021-GT1-A		3.62	%^(a)(b)		07/25/2026		68,785,528
	64,820,000	Series 2021-GT2-A		3.85	%^(a)(b)		10/25/2026		61,749,256
		Fremont Home Loan Trust
	104,390,026	Series 2006-D-1A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		11/25/2036		61,516,562
		FRTKL
	7,750,000	Series 2021-SFR1-E1		2.37	%^(a)		09/17/2038		7,430,124
	6,650,000	Series 2021-SFR1-E2		2.52	%^(a)		09/17/2038		6,357,810
		GCAT
	2,751,000	Series 2019-NQM3-M1		3.45	%^(a)(b)		11/25/2059		2,541,059
	7,096,000	Series 2021-NQM2-M1		2.54	%^(a)(b)		05/25/2066		5,132,546
	8,405,000	Series 2021-NQM6-B1		4.42	%^(a)(b)		08/25/2066		6,774,049
	5,000,000	Series 2025-NQM3-A3		5.96	%^(a)(d)		05/25/2070		5,065,410
	5,000,000	Series 2025-NQM3-M1		6.33	%^(a)(b)		05/25/2070		5,062,235
		GE-WMC Mortgage Securities LLC
	30,349,027	Series 2006-1-A2B (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%		08/25/2036		12,825,972
		GMAC Mortgage Corp. Loan Trust
	1,462,123	Series 2005-AR5-3A1		4.84	%^(b)		09/19/2035		1,201,675
		Greenpoint Mortgage Funding Trust
	20,221,557	Series 2005-AR3-2A1 (1 mo. Term SOFR + 0.63%, 0.52% Floor, 10.50% Cap)		4.95	%		08/25/2045		7,255,119
	14,200,715	Series 2007-AR2-1A3 (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.91	%		04/25/2047		12,341,374
		GS Mortgage Securities Corp.
	876,914	Series 2008-2R-1A1		12.94	%^(a)(b)		09/25/2036		265,797
	15,478,993	Series 2014-3R-2B (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.62	%^(a)		09/26/2036		8,710,328
		GS Mortgage-Backed Securities Trust
	83,005,803	Series 2020-RPL2-A1		1.75	%^(a)(b)		05/25/2060		76,352,083
	12,540,000	Series 2020-RPL2-M1		2.25	%^(a)(b)		05/25/2060		10,111,585
	10,237,000	Series 2020-RPL2-M2		2.75	%^(a)(b)		05/25/2060		8,208,085
	9,341,000	Series 2020-RPL2-M3		3.00	%^(a)(b)		05/25/2060		7,262,709
	31,709,408	Series 2020-RPL2-PT4		6.06	%^(a)(j)		05/25/2060		27,372,227
	16,200,000	Series 2025-NQM2-A1		5.65	%^(a)(b)		06/25/2065		16,380,436
	6,229,000	Series 2025-NQM2-A3		5.90	%^(a)(b)		06/25/2065		6,304,066
		GSAA Trust
	97,179	Series 2005-12-AF3		5.07	%^(b)		09/25/2035		64,882
	7,467,672	Series 2006-10-AF3		5.98	%^(b)		06/25/2036		1,670,682
	5,344,741	Series 2006-10-AF4		6.80	%^(d)		06/25/2036		1,192,244
	10,125,391	Series 2006-15-AF4		6.46	%^(d)		09/25/2036		2,570,030
	1,582,635	Series 2006-18-AF3A		5.77	%^(b)		11/25/2036		437,352
	3,740,026	Series 2006-18-AF6		6.18	%^(d)		11/25/2036		852,762
	6,968,727	Series 2006-19-A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.61	%		12/25/2036		1,823,363
	2,474,546	Series 2007-10-A2A		6.50	%		11/25/2037		894,992
	5,751,438	Series 2007-7-A5 (1 mo. Term SOFR + 0.67%, 0.56% Floor)		4.99	%		07/25/2037		3,051,266
		GSAMP Trust
	14,177,042	Series 2006-HE6-A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%		08/25/2036		11,522,093
	5,936,847	Series 2007-H1-A2B (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.83	%		01/25/2047		3,043,767
		GSMPS Mortgage Loan Trust
	5,376,227	Series 2005-RP2-1AF (1 mo. Term SOFR + 0.46%, 0.35% Floor)		4.78	%^(a)		03/25/2035		5,047,705
	5,376,227	Series 2005-RP2-1AS		0.00	%^(a)(b)(f)		03/25/2035		87,819
	3,569,752	Series 2005-RP3-1AF (1 mo. Term SOFR + 0.46%, 0.35% Floor, 9.50% Cap)		4.78	%^(a)		09/25/2035		3,072,854
	3,569,752	Series 2005-RP3-1AS		0.00	%^(a)(b)(f)		09/25/2035		56,007
	13,065,252	Series 2006-RP1-1AF1 (1 mo. Term SOFR + 0.46%, 0.35% Floor, 9.15% Cap)		4.78	%^(a)		01/25/2036		10,571,102
	13,065,252	Series 2006-RP1-1AS		0.00	%^(a)(b)(f)		01/25/2036		187,337
		GSR Mortgage Loan Trust
	644,717	Series 2005-1F-1A2		5.50	%		02/25/2035		621,759
	1,068,389	Series 2005-1F-3A3		6.00	%		01/25/2035		964,586

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	150,365	Series 2005-6F-3A5		6.00	%		07/25/2035		146,469
	1,655,809	Series 2005-6F-3A9 (-1 x 1 mo. Term SOFR + 6.79%, 0.00% Floor, 6.90% Cap)		2.47	%^(f)(h)		07/25/2035		194,012
	87,377	Series 2005-6F-4A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)		4.93	%		07/25/2035		83,197
	83,481	Series 2005-7F-3A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)		4.93	%		09/25/2035		83,481
	6,913,502	Series 2005-8F-3A5		6.00	%		11/25/2035		2,308,245
	1,631,088	Series 2005-8F-4A1		6.00	%		11/25/2035		621,535
	37,348	Series 2006-1F-1A2		5.50	%		02/25/2036		188,616
	271,482	Series 2006-2F-2A3		5.75	%		02/25/2036		237,472
	1,497,582	Series 2006-2F-3A3		6.00	%		02/25/2036		650,209
	1,798,592	Series 2006-2F-3A6		6.00	%		02/25/2036		780,901
	16,026,019	Series 2006-5F-3A1		6.50	%		06/25/2036		5,353,859
	4,095,666	Series 2006-6F-2A3		6.00	%		07/25/2036		2,317,767
	9,390,269	Series 2006-9F-4A1		6.50	%		10/25/2036		3,270,884
	28,008,092	Series 2006-OA1-3A1 (Enterprise 11th District COFI Replacement Index + 1.50%, 1.50% Floor)		4.43	%		08/25/2046		4,441,968
	71,666	Series 2007-1F-2A2		5.50	%		01/25/2037		293,163
	277,384	Series 2007-4F-1A1		5.00	%		07/25/2037		581,392
	11,102,833	Series 2007-4F-3A11		6.00	%		07/25/2037		7,060,527
	38,179,238	Series 2007-OA1-1A1 (1 mo. Term SOFR + 0.34%, 0.23% Floor)		4.66	%		05/25/2037		18,087,593
		Harborview Mortgage Loan Trust
	49	Series 2005-14-3A1A		7.30	%^(b)		12/19/2035		49
	5,131,195	Series 2005-2-1A (1 mo. Term SOFR + 0.63%, 0.52% Floor)		4.95	%		05/19/2035		1,428,326
	21,114,786	Series 2005-8-1A1A (1 mo. Term SOFR + 0.73%, 0.62% Floor, 11.00% Cap)		5.05	%		09/19/2035		10,014,637
	38,919,107	Series 2005-8-2A1A (12 Month US Treasury Average + 1.55%, 1.55% Floor)		5.95	%		09/19/2035		15,596,750
	2,992,566	Series 2006-10-2A1A (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.80	%		11/19/2036		2,609,880
	3,372,351	Series 2006-11-A1A (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.77	%		12/19/2036		3,067,626
	25,736,867	Series 2006-14-1A1A (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.79	%		01/25/2047		23,689,821
	5,033,864	Series 2006-4-1A2A (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.81	%		05/19/2046		2,575,087
	50,512,508	Series 2006-8-1A1 (1 mo. Term SOFR + 0.51%, 0.00% Floor)		4.64	%		07/21/2036		24,073,302
	5,453,280	Series 2006-BU1-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor, 10.50% Cap)		4.85	%		02/19/2046		5,003,220
	11,556,160	Series 2007-7-1A1 (1 mo. Term SOFR + 2.11%, 0.00% Floor, 10.50% Cap)		6.43	%		10/25/2037		9,272,071
		Home Equity Asset Trust
	221,033	Series 2003-3-M1 (1 mo. Term SOFR + 1.40%, 1.29% Floor)		5.72	%		08/25/2033		217,404
		Home Partners of America Trust
	3,658,824	Series 2019-2-C		3.02	%^(a)		10/19/2039		3,499,302
	3,892,366	Series 2019-2-D		3.12	%^(a)		10/19/2039		3,711,289
	7,326,807	Series 2019-2-E		3.32	%^(a)		10/19/2039		6,981,468
		Homebanc Mortgage Trust
	275,393	Series 2005-1-M2 (1 mo. Term SOFR + 0.85%, 0.74% Floor, 11.50% Cap)		5.17	%		03/25/2035		248,895
	10,350,000	Series 2005-3-M5 (1 mo. Term SOFR + 1.96%, 1.85% Floor, 11.50% Cap)		6.28	%		07/25/2035		9,559,371
		Homeward Opportunities Fund I Trust
	28,994,000	Series 2020-2-B2		6.36	%^(a)(b)		05/25/2065		29,886,856
		HSBC Asset Loan Obligation
	17,921,277	Series 2007-2-3A6		6.00	%		09/25/2037		5,608,032
	13,136,689	Series 2007-WF1-A3		6.23	%^(d)		12/25/2036		4,323,969
		HSI Asset Securitization Corp.
	26,735,617	Series 2006-HE1-1A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		10/25/2036		7,298,898
	12,344,223	Series 2007-NC1-A2 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		04/25/2037		8,041,000
	53,516,162	Series 2007-NC1-A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.79	%		04/25/2037		34,884,976

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Impac CMB Trust
	15,317	Series 2002-9F-A1		5.22	%^(d)		12/25/2032		15,263
		Impac Secured Assets CMN Owner Trust
	8,369,140	Series 2007-3-A1B (1 mo. Term SOFR + 0.59%, 0.48% Floor, 11.50% Cap)		4.91	%		09/25/2037		7,219,689
		Imperial Fund Mortgage Trust
	21,325,358	Series 2021-NQM4-A1		2.09	%^(a)(b)		01/25/2057		18,831,588
	11,040,143	Series 2021-NQM4-A2		2.30	%^(a)(b)		01/25/2057		9,740,649
	8,413,910	Series 2021-NQM4-A3		2.45	%^(a)(b)		01/25/2057		7,443,840
		Indymac IMJA Mortgage Loan Trust
	3,098,782	Series 2007-A1-A1		6.00	%		08/25/2037		1,130,633
	2,268,550	Series 2007-A1-A7		6.00	%		08/25/2037		827,712
	6,921,417	Series 2007-A2-1A1		6.00	%		10/25/2037		2,889,711
	10,763,176	Series 2007-A2-2A3		6.50	%		10/25/2037		5,042,602
	18,348,108	Series 2007-A2-3A1		7.00	%		10/25/2037		4,109,846
	15,502,772	Series 2007-A3-A1		6.25	%		11/25/2037		6,118,814
	12,757,982	Series 2007-A4-A1		6.25	%		02/25/2038		3,938,592
		Indymac IMSC Mortgage Loan Trust
	28,765,077	Series 2007-F1-2A1		6.50	%		06/25/2037		6,592,613
	250,595	Series 2007-F2-1A2		6.00	%		07/25/2037		174,502
	25,282,919	Series 2007-F2-2A1		6.50	%		07/25/2037		8,104,217
	2,619,026	Series 2007-HOA1-A11 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.79	%		07/25/2047		1,719,813
		Indymac INDA Mortgage Loan Trust
	667,610	Series 2006-AR2-1A1		4.81	%^(b)		09/25/2036		419,290
	478,041	Series 2006-AR2-4A1		4.49	%^(b)		09/25/2036		446,086
	6,731,659	Series 2006-AR3-1A1		4.17	%^(b)		12/25/2036		5,220,690
	2,312,517	Series 2007-AR1-3A1		3.05	%^(b)		03/25/2037		1,963,802
	1,826,965	Series 2007-AR3-3A1		3.94	%^(b)		07/25/2037		1,566,101
		Indymac Index Mortgage Loan Trust
	4,698,649	Series 2005-AR15-A1		4.09	%^(b)		09/25/2035		3,869,707
	2,110,294	Series 2006-AR7-3A1		3.96	%^(b)		05/25/2036		1,876,853
	1,599,596	Series 2007-AR13-2A1		5.43	%^(b)		07/25/2037		1,374,950
	3,993,392	Series 2007-AR21-8A1		4.75	%^(b)		09/25/2037		3,904,928
		Indymac Residential Asset Backed Trust
	11,676,512	Series 2006-B-2A4 (1 mo. Term SOFR + 0.67%, 0.56% Floor)		4.99	%		06/25/2036		10,643,210
	8,528,139	Series 2006-D-2A4 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.67	%		11/25/2036		6,933,239
	7,351,567	Series 2007-B-1A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%		07/25/2037		2,911,788
	7,351,567	Series 2007-B-1A2 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%		07/25/2037		2,911,788
		Invitation Homes Trust
	33,442,000	Series 2024-SFR1-C		4.25	%^(a)		09/17/2041		32,175,638
		JP Morgan Alternative Loan Trust
	4,542,748	Series 2005-S1-2A11		6.00	%		12/25/2035		3,039,386
	1,456,308	Series 2005-S1-2A9		6.00	%		12/25/2035		974,362
	2,563,704	Series 2006-A2-1A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 11.50% Cap)		4.79	%		05/25/2036		2,123,782
	2,011,982	Series 2006-S1-1A8		5.75	%		03/25/2036		960,840
		JP Morgan Mortgage Acquisition Corp.
	2,179,200	Series 2005-WMC1-M4 (1 mo. Term SOFR + 1.01%, 0.90% Floor)		5.33	%		09/25/2035		1,968,761
	5,033,955	Series 2006-CH2-AF3		5.46	%^(d)		09/25/2029		3,025,566
	8,264,805	Series 2006-HE3-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.26	%		11/25/2036		7,770,709
	21,482,826	Series 2006-RM1-A3 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.67	%		08/25/2036		9,491,843
	19,855,385	Series 2006-RM1-A4 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.79	%		08/25/2036		8,789,381
	2,782,106	Series 2006-WF1-A5		6.91	%^(d)		07/25/2036		743,711
	3,848,639	Series 2006-WMC4-A1A (1 mo. Term SOFR + 0.37%, 0.26% Floor)		4.69	%		12/25/2036		2,413,130
	35,550,679	Series 2006-WMC4-A1B (1 mo. Term SOFR + 0.57%, 0.46% Floor)		4.89	%		12/25/2036		4,421,111
	9,690,000	Series 2007-CH3-M2 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.75	%		03/25/2037		8,875,034

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		JP Morgan Mortgage Trust
	49,104	Series 2005-A6-5A1		6.58	%^(b)		08/25/2035		50,150
	2,851,707	Series 2005-S1-1A2		6.50	%		01/25/2035		2,976,933
	317,717	Series 2005-S2-2A13		5.50	%		09/25/2035		235,372
	895,770	Series 2006-S2-3A3		6.00	%		07/25/2036		260,988
	3,251,802	Series 2006-S2-3A5		6.25	%		07/25/2036		985,769
	1,785,900	Series 2006-S3-1A2		6.00	%		08/25/2036		505,520
	7,073,753	Series 2006-S3-1A21 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 7.50% Cap)		4.81	%		08/25/2036		1,492,706
	7,073,753	Series 2006-S3-1A22 (-1 x 1 mo. Term SOFR + 7.01%, 0.00% Floor, 7.12% Cap)		2.69	%^(f)(h)		08/25/2036		951,944
	832,183	Series 2006-S3-1A9		6.00	%		08/25/2036		235,559
	5,641,173	Series 2006-S4-A3		6.00	%		01/25/2037		2,030,263
	2,349,504	Series 2006-S4-A5		6.00	%		01/25/2037		848,957
	5,557,029	Series 2006-S4-A8 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 7.00% Cap)		4.81	%		01/25/2037		1,474,286
	5,557,029	Series 2006-S4-A9 (-1 x 1 mo. Term SOFR + 6.51%, 0.00% Floor, 6.62% Cap)		2.19	%^(f)(h)		01/25/2037		787,940
	563,554	Series 2007-A2-2A1		5.61	%^(b)		04/25/2037		422,758
	1,977,118	Series 2007-A3-3A2M		5.03	%^(b)		05/25/2037		1,775,420
	6,097,972	Series 2007-S1-2A6		6.00	%		03/25/2037		2,259,272
	1,715,822	Series 2007-S3-1A1		5.50	%		08/25/2037		684,424
	3,816,033	Series 2007-S3-1A35		6.00	%		08/25/2037		1,660,277
	1,689,078	Series 2007-S3-1A64		7.50	%		08/25/2037		540,486
	642,147	Series 2007-S3-1A9		6.00	%		08/25/2037		279,036
	3,518,564	Series 2007-S3-1A96		6.00	%		08/25/2037		1,529,601
	4,010,919	Series 2007-S3-1A97		6.00	%		08/25/2037		1,743,734
	21,497,852	Series 2024-NQM1-A1		5.59	%^(a)(d)		02/25/2064		21,629,484
		JP Morgan Reremic
	4,612,074	Series 2009-4-3A2		6.00	%^(a)(b)		02/26/2037		2,068,365
	16,313,692	Series 2009-7-7A1		7.00	%^(a)(b)		09/27/2037		7,241,137
	7,597,454	Series 2010-1-1A4		6.00	%^(a)		02/26/2037		3,277,769
	5,112,466	Series 2010-1-2A11		7.00	%^(a)(b)		01/26/2037		2,233,434
		Legacy Mortgage Asset Trust
	103,791,407	Series 2019-RPL3-PT1		0.00	%^(a)		06/25/2058		91,691,436
	25,338,058	Series 2021-GS4-A2		6.55	%^(a)(d)		11/25/2060		25,376,871
		Lehman Brothers Holdings, Inc.
	17,338,188	Series 2007-1-1A1 (1 mo. Term SOFR + 0.32%, 0.21% Floor)		4.64	%^(a)		06/25/2037		12,737,481
	5,334,480	Series 2007-1-2A4 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%^(a)		06/25/2037		3,545,594
		Lehman Mortgage Trust
	1,376,883	Series 2005-2-3A5		5.50	%		12/25/2035		711,348
	934,525	Series 2005-2-5A5		5.75	%		12/25/2035		575,404
	1,553,052	Series 2005-3-2A1		6.00	%		01/25/2036		1,302,369
	132,124	Series 2005-3-2A3		5.50	%		01/25/2036		105,757
	709,792	Series 2005-3-2A7		6.00	%		01/25/2036		595,177
	898,710	Series 2006-1-1A1 (1 mo. Term SOFR + 0.86%, 0.75% Floor, 5.50% Cap)		5.18	%		02/25/2036		375,300
	2,696,130	Series 2006-1-1A2 (-1 x 1 mo. Term SOFR + 4.64%, 0.00% Floor, 4.75% Cap)		0.32	%^(f)(h)		02/25/2036		138,612
	1,899,578	Series 2006-1-3A1 (1 mo. Term SOFR + 0.86%, 0.75% Floor, 5.50% Cap)		5.18	%		02/25/2036		1,230,381
	1,899,578	Series 2006-1-3A2 (-1 x 1 mo. Term SOFR + 4.64%, 0.00% Floor, 4.75% Cap)		0.32	%^(f)(h)		02/25/2036		85,592
	1,223,882	Series 2006-1-3A4		5.50	%		02/25/2036		877,669
	1,378,878	Series 2006-4-1A3 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.97	%^(f)(h)		08/25/2036		109,078
	876,385	Series 2006-4-1A4		6.00	%		08/25/2036		663,540
	5,464,601	Series 2006-5-2A1 (1 mo. Term SOFR + 0.46%, 0.35% Floor, 7.50% Cap)		4.78	%		09/25/2036		717,745
	11,382,704	Series 2006-5-2A2Pool 2006-5 (-1 x 1 mo. Term SOFR + 7.04%, 0.00% Floor, 7.15% Cap)		2.72	%^(f)(h)		09/25/2036		1,040,392
	5,423,700	Series 2006-6-3A9		5.50	%		10/25/2036		3,527,649

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	2,765,928	Series 2006-7-2A2 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.88	%		11/25/2036		655,225
	10,227,651	Series 2006-7-2A5		2.12	%^(f)(h)		11/25/2036		1,163,245
	1,609,704	Series 2006-9-1A19 (-5 x 1 mo. Term SOFR + 30.16%, 0.00% Floor, 30.68% Cap)		10.29	%^(h)		01/25/2037		1,415,706
	1,743,358	Series 2006-9-1A5 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 5.75% Cap)		5.03	%		01/25/2037		893,930
	5,216,968	Series 2006-9-1A6 (-1 x 1 mo. Term SOFR + 5.04%, 0.00% Floor, 5.15% Cap)		0.72	%^(f)(h)		01/25/2037		371,612
	3,425,408	Series 2006-9-2A1 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 7.00% Cap)		4.81	%		01/25/2037		678,029
	6,171,290	Series 2006-9-2A2 (-1 x 1 mo. Term SOFR + 6.51%, 0.00% Floor, 6.62% Cap)		2.19	%^(f)(h)		01/25/2037		500,100
	1,355,140	Series 2007-2-1A1		5.75	%		02/25/2037		892,334
	2,225,746	Series 2007-4-2A11 (1 mo. Term SOFR + 0.44%, 0.33% Floor, 7.00% Cap)		4.76	%		05/25/2037		664,405
	10,879,725	Series 2007-4-2A8 (-1 x 1 mo. Term SOFR + 6.56%, 0.00% Floor, 6.67% Cap)		2.24	%^(f)(h)		05/25/2037		943,428
	744,063	Series 2007-4-2A9 (1 mo. Term SOFR + 0.44%, 0.33% Floor, 7.00% Cap)		4.76	%		05/25/2037		198,552
	501,526	Series 2007-5-4A3 (-6 x 1 mo. Term SOFR + 39.39%, 0.00% Floor, 40.08% Cap)		13.48	%^(h)		08/25/2036		580,306
	590,954	Series 2007-5-7A3		7.50	%		10/25/2036		175,596
	24,231	Series 2007-6-1A8		6.00	%		07/25/2037		21,531
	3,149,072	Series 2008-2-1A6		6.00	%		03/25/2038		798,398
		Lehman XS Trust
	3,955,421	Series 2005-2-2A3B		5.94	%^(d)		08/25/2035		3,598,793
	6,299,108	Series 2005-9N-2A1 (12 Month US Treasury Average + 1.06%, 1.06% Floor)		5.46	%		02/25/2036		5,517,342
	4,533,142	Series 2006-3-A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor)		5.03	%		03/25/2036		4,601,532
	5,884,302	Series 2006-5-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.85	%		04/25/2036		5,084,488
	15,872	Series 2006-5-2A4A		6.39	%^(d)		04/25/2036		21,633
	7,257,542	Series 2006-GP3-1A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.83	%		06/25/2046		6,652,580
	3,490,181	Series 2007-1-2A1		7.00	%^(b)		02/25/2037		3,660,597
	8,299,647	Series 2007-12N-1A3A (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.83	%		07/25/2047		8,080,685
	8,248,729	Series 2007-15N-4A1 (1 mo. Term SOFR + 1.01%, 0.90% Floor)		5.33	%		08/25/2047		7,380,436
		Long Beach Mortgage Loan Trust
	12,769,098	Series 2006-2-2A4 (1 mo. Term SOFR + 0.69%, 0.58% Floor)		5.01	%		03/25/2046		4,515,945
	45,533,149	Series 2006-3-2A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.79	%		05/25/2046		13,649,258
	4,641,577	Series 2006-3-2A4 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.97	%		05/25/2046		1,391,209
	14,525,925	Series 2006-5-2A4 (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.91	%		06/25/2036		6,866,500
	22,881,700	Series 2006-6-1A (1 mo. Term SOFR + 0.40%, 0.29% Floor)		4.72	%		07/25/2036		15,840,063
	11,644,039	Series 2006-WL1-M2 (1 mo. Term SOFR + 0.79%, 0.68% Floor)		5.11	%		01/25/2046		11,334,220
		Luminent Mortgage Trust
	1,136,794	Series 2005-1-A1 (1 mo. Term SOFR + 0.63%, 0.52% Floor, 11.50% Cap)		4.95	%		11/25/2035		1,096,421
		Master Resecuritization Trust
	11,961,839	Series 2008-1-A1		6.00	%^(a)(b)		09/27/2037		7,764,913
	5,697,667	Series 2008-4-A1		6.00	%^(a)(b)		06/27/2036		4,643,881
		Mastr Adjustable Rate Mortgages Trust
	1,939,248	Series 2005-2-2A1		4.31	%^(b)		03/25/2035		1,728,024
	674,043	Series 2005-6-5A1		3.42	%^(b)		07/25/2035		601,968
	4,610,114	Series 2007-1-2A1		5.02	%^(b)		11/25/2036		2,411,176
		MASTR Alternative Loans Trust
	6,640,958	Series 2004-9-M2		6.26	%^(d)		08/25/2034		5,696,575
	1,111,612	Series 2005-2-3A1		6.00	%		03/25/2035		879,708
	33,514	Series 2005-5-2A3		5.50	%		07/25/2025		32,534
	6,395,416	Series 2005-5-3A1		5.75	%		08/25/2035		2,880,933
	1,374,556	Series 2005-6-1A5		5.50	%		12/25/2035		887,188

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,002,141	Series 2006-3-1A2		6.25	%		07/25/2036		484,854
	606,982	Series 2007-1-1A5		5.75	%		10/25/2036		591,348
	3,688,665	Series 2007-1-2A7		6.00	%		10/25/2036		1,011,240
		Mastr Asset Backed Securities Trust
	1,515,248	Series 2003-OPT1-M3 (1 mo. Term SOFR + 4.24%, 4.13% Floor)		8.56	%		12/25/2032		1,465,237
	5,470,784	Series 2006-AM2-A3 (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.77	%		06/25/2036		5,058,533
	5,861,808	Series 2007-HE1-A3 (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.85	%		05/25/2037		5,688,731
	12,567,115	Series 2007-WMC1-A1 (1 mo. Term SOFR + 0.40%, 0.29% Floor)		4.72	%		01/25/2037		3,286,132
		MASTR Asset Securitization Trust
	1,288,371	Series 2006-1-1A4		5.75	%		05/25/2036		749,646
	1,003,791	Series 2006-2-1A11 (1 mo. Term SOFR + 6.00%, 6.00% Floor)		6.00	%		06/25/2036		567,215
	2,322,136	Series 2007-1-1A3		6.25	%		11/25/2037		870,852
		Mastr Seasoned Securities Trust
	1,016,932	Series 2005-2-1A4		6.00	%		10/25/2032		1,029,918
	394,166	Series 2005-2-2A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 7.50% Cap)		4.83	%		10/25/2032		367,358
		Merrill Lynch Alternative Note Asset
	18,800,566	Series 2007-A3-A2A (1 mo. Term SOFR + 0.33%, 0.22% Floor)		4.65	%		04/25/2037		6,607,513
	9,641,288	Series 2007-A3-A2B (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.85	%		04/25/2037		3,386,475
	13,362,940	Series 2007-A3-A2C (1 mo. Term SOFR + 0.75%, 0.64% Floor)		5.07	%		04/25/2037		4,698,446
	12,735,229	Series 2007-F1-2A4 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 7.00% Cap)		4.75	%		03/25/2037		3,065,423
	12,735,229	Series 2007-F1-2A5 (-1 x 1 mo. Term SOFR + 6.57%, 0.00% Floor, 6.68% Cap)		2.25	%^(f)(h)		03/25/2037		1,642,176
	27,580,930	Series 2007-OAR5-1A1		3.69	%^(b)		10/25/2047		7,536,685
		Merrill Lynch First Franklin Mortgage Loan Trust
	1,880,254	Series 2007-H1-1A2 (1 mo. Term SOFR + 3.61%, 3.50% Floor)		7.93	%		10/25/2037		1,772,733
		Merrill Lynch Mortgage Investors, Inc.
	14,950,996	Series 2005-AR1-M2 (1 mo. Term SOFR + 1.12%, 1.01% Floor)		5.44	%		06/25/2036		12,109,223
	7,471,248	Series 2006-AR1-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.75	%^(a)		03/25/2037		1,956,393
	619,597	Series 2006-F1-1A2		6.00	%		04/25/2036		220,228
	20,843,149	Series 2006-FM1-A1 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.31	%		04/25/2037		12,410,722
	10,006,492	Series 2006-HE3-A4 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		06/25/2037		2,634,228
	7,183,740	Series 2006-HE4-A2B (1 mo. Term SOFR + 0.31%, 0.20% Floor)		4.63	%		07/25/2037		1,503,007
	70,953,800	Series 2007-HE2-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		02/25/2037		33,145,812
	7,872,048	Series 2007-HE3-A1 (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.57	%		04/25/2047		3,125,149
	6,716,055	Series 2007-HE3-A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.81	%		04/25/2047		2,666,237
	2,813,082	Series 2007-HE3-A4 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.97	%		04/25/2047		1,116,779
	43,828,712	Series 2007-MLN1-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		03/25/2037		33,913,960
		Morgan Stanley ABS Capital I, Inc.
	16,095,454	Series 2006-HE7-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.75	%		09/25/2036		6,942,360
	21,358,148	Series 2006-HE7-A2D (1 mo. Term SOFR + 0.57%, 0.46% Floor)		4.89	%		09/25/2036		9,210,712
	13,159,282	Series 2006-NC2-M1 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.97	%		02/25/2036		12,439,518
	5,584,181	Series 2007-HE4-A1 (1 mo. Term SOFR + 0.24%, 0.13% Floor)		4.56	%^(a)		02/25/2037		2,460,133

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Morgan Stanley Home Equity Loan Trust
	23,189,080	Series 2007-1-A4 (1 mo. Term SOFR + 0.33%, 0.22% Floor)		4.65	%		12/25/2036		11,103,319
		Morgan Stanley IXIS Real Estate Capital Trust
	4,862,025	Series 2006-2-AFPT (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.57	%		11/25/2036		1,564,714
		Morgan Stanley Mortgage Loan Trust
	554,106	Series 2005-10-1A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.75% Cap)		5.13	%		12/25/2035		329,675
	1,388,314	Series 2005-10-1A6		5.75	%		12/25/2035		902,463
	1,578,787	Series 2005-10-2A1		5.24	%^(b)		12/25/2035		1,507,806
	4,435,150	Series 2006-11-1A6		6.73	%^(d)		08/25/2036		747,336
	6,627,148	Series 2006-11-2A1		6.00	%		08/25/2036		2,742,171
	6,409,221	Series 2006-16AX-2A2 (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.77	%		11/25/2036		1,763,158
	4,904,477	Series 2006-17XS-A3A		6.15	%^(d)		10/25/2046		1,378,154
	1,710,945	Series 2006-17XS-A6		6.08	%^(d)		10/25/2046		398,494
	977,324	Series 2006-2-2A3		5.75	%		02/25/2036		918,566
	12,673,262	Series 2006-7-3A		5.08	%^(b)		06/25/2036		6,710,331
	1,404,788	Series 2006-7-4A4		6.00	%		06/25/2036		618,205
	1,422,104	Series 2006-7-4A7		6.00	%		06/25/2036		625,827
	2,840,177	Series 2007-13-6A1		6.00	%		10/25/2037		1,469,142
	2,962,739	Series 2007-14AR-2A3		3.38	%^(b)		10/25/2037		1,690,272
	2,771,966	Series 2007-1XS-2A3		6.42	%^(d)		09/25/2046		600,253
	1,819,917	Series 2007-1XS-2A4A		6.58	%^(d)		09/25/2046		481,575
	219,266	Series 2007-3XS-1A2A		6.12	%^(d)		01/25/2047		207,302
	4,925,097	Series 2007-3XS-2A3S		6.36	%^(d)		01/25/2047		1,755,373
	2,880,717	Series 2007-3XS-2A4S		6.46	%^(d)		01/25/2047		1,008,163
		Morgan Stanley Reremic Trust
	2,725,392	Series 2010-R5-4B		4.74	%^(a)(d)		06/26/2036		2,880,408
	5,014,867	Series 2010-R5-5B		3.29	%^(a)(d)		01/26/2037		4,910,749
	8,951,764	Series 2010-R9-3C		6.00	%^(a)(b)		11/26/2036		6,971,872
	6,618,512	Series 2012-R4-1B (1 mo. Term SOFR + 0.11%, 0.00% Floor)		3.19	%^(a)		08/26/2036		5,042,937
	5,491,099	Series 2013-R2-1B		4.22	%^(a)(b)		10/26/2036		4,921,142
	169,185	Series 2014-R7-B1		4.20	%^(a)(b)		01/26/2051		168,708
	5,199,569	Series 2014-R7-B2		4.20	%^(a)(b)		01/26/2051		4,940,445
		Morgan Stanley Residential Mortgage Loan Trust
	6,500,000	Series 2025-NQM4-A3		5.94	%^(a)(d)		06/25/2070		6,593,431
	6,559,000	Series 2025-NQM4-M1		6.33	%^(a)(b)		06/25/2070		6,652,269
		New Century Alternative Mortgage Loan Trust
	9,260,407	Series 2006-ALT1-AF3		6.17	%^(b)		07/25/2036		1,822,131
	11,779,703	Series 2006-ALT2-AF5		4.51	%^(d)		10/25/2036		2,141,813
		New Century Home Equity Loan Trust
	17,829,000	Series 2005-4-M5 (1 mo. Term SOFR + 1.13%, 1.02% Floor, 12.50% Cap)		5.45	%		09/25/2035		17,149,091
	12,500,000	Series 2006-1-A2C (1 mo. Term SOFR + 0.67%, 0.56% Floor, 12.50% Cap)		4.99	%		05/25/2036		11,681,214
		New York Mortgage Trust, Inc.
	170,439	Series 2005-2-A (1 mo. Term SOFR + 0.77%, 0.66% Floor, 10.50% Cap)		5.09	%		08/25/2035		153,455
		Nomura Asset Acceptance Corp.
	14,829	Series 2005-AP1-2A5		5.36	%^(d)		02/25/2035		14,678
	12,447,474	Series 2006-AF1-1A2		6.16	%^(b)		05/25/2036		2,248,450
	2,529,549	Series 2006-AF1-1A3Pool 06-AF1		6.41	%^(b)		05/25/2036		456,407
	13,644,101	Series 2006-AP1-A2		5.52	%^(b)		01/25/2036		3,916,015
	2,306,140	Series 2006-AP1-A3		5.65	%^(b)		01/25/2036		661,631
	1,076,061	Series 2006-WF1-A2		5.76	%^(b)		06/25/2036		284,524
		Nomura Home Equity Loan, Inc.
	14,453,800	Series 2006-AF1-A2		6.30	%^(d)		10/25/2036		2,987,151
	2,419,600	Series 2007-1-1A1		6.56	%^(d)		02/25/2037		642,908
	12,059,845	Series 2007-1-1A3		6.49	%^(d)		02/25/2037		3,205,039

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Nomura Resecuritization Trust
	2,712,297	Series 2014-1R-6A7		6.05	%^(a)(b)		08/26/2036		2,328,973
	3,630,096	Series 2014-2R-4A9		3.96	%^(a)(d)		07/26/2036		2,911,906
	7,843,217	Series 2015-4R-5A2 (1 mo. Term SOFR + 0.54%, 0.43% Floor)		6.24	%^(a)(g)		03/26/2036		5,829,709
		Novastar Home Equity Loan
	14,600,000	Series 2005-3-M4 (1 mo. Term SOFR + 1.00%, 0.89% Floor, 11.00% Cap)		5.32	%		01/25/2036		12,756,619
	7,128,969	Series 2006-3-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor, 11.00% Cap)		4.75	%		10/25/2036		3,238,381
		NRZ Excess Spread-Collateralized Notes
	25,456,168	Series 2020-PLS1-A		3.84	%^(a)		12/25/2025		25,206,718
	22,108,885	Series 2021-FHT1-A		3.10	%^(a)		07/25/2026		21,592,256
		Onslow Bay Mortgage Loan Trust
	9,694,000	Series 2021-NQM3-M1		2.33	%^(a)(b)		07/25/2061		5,757,532
	4,169,968	Series 2024-NQM12-A1		5.48	%^(a)(d)		07/25/2064		4,173,134
		Option One Mortgage Loan Trust
	635,978	Series 2004-3-M3 (1 mo. Term SOFR + 1.09%, 0.98% Floor)		5.41	%		11/25/2034		670,218
	5,102,722	Series 2007-1-2A3 (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.71	%		01/25/2037		2,993,853
	46,152,978	Series 2007-6-1A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%		07/25/2037		41,018,086
		PennyMac Mortgage Investment Trust
	67,663,000	Series 2021-FT1-A (1 mo. Term SOFR + 3.11%, 3.12% Floor)		7.43	%^(a)		03/25/2026		68,034,544
		People's Choice Home Loan Securities Trust
	10,080,000	Series 2005-1-M5 (1 mo. Term SOFR + 1.61%, 1.50% Floor, 15.00% Cap)		5.93	%		01/25/2035		7,638,645
		PHH Alternative Mortgage Trust
	2,365,837	Series 2007-1-1A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 10.10% Cap)		4.75	%		02/25/2037		1,753,044
	5,553,737	Series 2007-2-2A1		6.00	%		05/25/2037		4,874,256
	2,591,464	Series 2007-2-2A2		6.00	%		05/25/2037		2,274,407
	159,107	Series 2007-2-3A1		6.00	%		05/25/2037		147,615
		PR Mortgage Loan Trust
	92,868,273	Series 2014-1-APT		5.86	%^(a)(b)		10/25/2049		88,922,745
		Pretium Mortgage Credit Partners LLC
	11,099,941	Series 2021-RN2-A1		4.74	%^(a)(d)		07/25/2051		11,045,733
	23,545,886	Series 2021-RN4-A1		5.49	%^(a)(b)		10/25/2051		23,544,638
	19,410,623	Series 2024-NPL6-A1		5.93	%^(a)(d)		10/25/2054		19,393,893
	22,644,315	Series 2024-NPL7-A1		5.93	%^(a)(d)		10/25/2054		22,602,115
	57,388,312	Series 2024-NPL9-A1		5.85	%^(a)(d)		12/25/2054		57,496,805
	64,990,158	Series 2025-NPL2-A1		5.84	%^(a)(d)		03/25/2055		64,794,155
		Prime Mortgage Trust
	3,630,916	Series 2006-DR1-2A1Pool DR12A1		5.50	%^(a)		05/25/2035		3,407,982
	2,171,747	Series 2006-DR1-2A2		6.00	%^(a)		05/25/2035		1,862,796
		Progress Residential Trust
	49,259,934	Series 2021-SFR10-E1		3.57	%^(a)		12/17/2040		46,764,894
	20,442,634	Series 2021-SFR10-E2		3.67	%^(a)		12/17/2040		19,410,254
	11,073,093	Series 2021-SFR10-F		4.61	%^(a)		12/17/2040		10,773,276
	7,000,000	Series 2021-SFR5-E1		2.21	%^(a)		07/17/2038		6,780,566
	25,000,000	Series 2021-SFR8-E1		2.38	%^(a)		10/17/2038		24,232,960
	23,900,000	Series 2021-SFR8-E2		2.53	%^(a)		10/17/2038		23,142,877
	19,900,000	Series 2021-SFR8-F		3.18	%^(a)		10/17/2038		19,336,725
	13,000,000	Series 2025-SFR3-D		3.39	%^(a)		07/17/2030		11,629,918
		PRPM LLC
	6,371,092	Series 2020-4-A2		9.19	%^(a)(d)(g)		10/25/2025		6,359,248
	25,045,934	Series 2024-6-A1		5.70	%^(a)(d)		11/25/2029		25,123,281
	26,716,843	Series 2024-7-A1		5.87	%^(a)(d)		11/25/2029		26,729,004
	93,972,585	Series 2024-8-A1		5.90	%^(a)(d)		12/25/2029		93,429,113
	21,454,989	Series 2024-NQM4-A1		5.67	%^(a)(d)		12/26/2069		21,501,872
	30,769,524	Series 2025-3-A1		6.26	%^(a)(d)		05/25/2030		31,499,869
	45,150,000	Series 2025-4-A1		6.18	%^(a)(d)		06/25/2030		45,761,105
		Racers
	13,085,000	Series 2006-2-M2 (1 mo. Term SOFR + 0.40%, 0.29% Floor)		4.72	%		09/25/2036		10,524,510
		RALI Trust
	13,563,571	Series 2005-QA11-4A1		5.58	%^(b)		10/25/2035		9,917,519

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	6,718,343	Series 2005-QA13-2A1		5.31	%^(b)		12/25/2035		5,927,534
	5,045,144	Series 2005-QA3-CB1		4.12	%^(b)		03/25/2035		1,968,548
	150,170	Series 2005-QS12-A11 (-11 x 1 mo. Term SOFR + 49.89%, 0.00% Floor, 51.15% Cap)		2.38	%^(h)		08/25/2035		143,521
	552,351	Series 2005-QS13-1A6		5.50	%		09/25/2035		440,451
	1,251,932	Series 2005-QS13-2A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.75% Cap)		5.13	%		09/25/2035		991,252
	5,132,919	Series 2005-QS13-2A2 (-1 x 1 mo. Term SOFR + 4.94%, 0.00% Floor, 5.05% Cap)		0.62	%^(f)(h)		09/25/2035		252,619
	4,890,179	Series 2005-QS14-2A1		6.00	%		09/25/2035		1,501,010
	1,118,433	Series 2005-QS15-2A		6.00	%		10/25/2035		970,682
	1,128,395	Series 2005-QS15-3A		6.00	%		10/25/2035		998,194
	1,064,665	Series 2005-QS16-A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.50% Cap)		5.13	%		11/25/2035		880,855
	1,064,481	Series 2005-QS16-A2 (-1 x 1 mo. Term SOFR + 4.69%, 0.00% Floor, 4.80% Cap)		0.37	%^(f)(h)		11/25/2035		40,386
	593,942	Series 2005-QS17-A1		6.00	%		12/25/2035		515,396
	614,574	Series 2005-QS17-A10		6.00	%		12/25/2035		533,300
	1,721,370	Series 2005-QS17-A11		6.00	%		12/25/2035		1,493,728
	1,223,495	Series 2005-QS17-A2 (1 mo. Term SOFR + 0.96%, 0.85% Floor, 6.00% Cap)		5.28	%		12/25/2035		1,025,768
	1,223,495	Series 2005-QS17-A4 (-1 x 1 mo. Term SOFR + 5.04%, 0.00% Floor, 5.15% Cap)		0.72	%^(f)(h)		12/25/2035		62,399
	984,462	Series 2005-QS17-A6		6.00	%		12/25/2035		854,272
	417,060	Series 2005-QS5-A3		5.70	%		04/25/2035		427,170
	499,830	Series 2006-QS1-A6 (-8 x 1 mo. Term SOFR + 41.98%, 0.00% Floor, 42.86% Cap)		8.87	%^(h)		01/25/2036		485,368
	1,588,425	Series 2006-QS10-A1		6.00	%		08/25/2036		1,375,357
	488,457	Series 2006-QS10-A4		5.75	%		08/25/2036		417,423
	3,396,066	Series 2006-QS11-1A1		6.50	%		08/25/2036		2,783,222
	1,004,263	Series 2006-QS12-1A1		6.50	%		09/25/2036		418,574
	1,478,739	Series 2006-QS12-2A18		5.75	%		09/25/2036		1,180,327
	2,299,639	Series 2006-QS14-A18		6.25	%		11/25/2036		1,907,642
	1,032,441	Series 2006-QS15-A1		6.50	%		10/25/2036		898,234
	442,387	Series 2006-QS16-A10		6.00	%		11/25/2036		351,702
	1,573,058	Series 2006-QS16-A11		6.00	%		11/25/2036		1,250,833
	1,253,876	Series 2006-QS16-A7		6.00	%		11/25/2036		996,843
	496,213	Series 2006-QS16-A8		6.00	%		11/25/2036		394,493
	196,361	Series 2006-QS16-A9		6.00	%		11/25/2036		156,108
	904,373	Series 2006-QS17-A4		6.00	%		12/25/2036		756,683
	5,024,303	Series 2006-QS17-A5		6.00	%		12/25/2036		4,203,806
	3,334,535	Series 2006-QS3-1A11		6.00	%		03/25/2036		3,008,241
	865,825	Series 2006-QS4-A8 (-790 x 1 mo. Term SOFR + 5,052.56%, 0.10% Floor, 8.00% Cap)		8.00	%^(h)		04/25/2036		732,891
	3,424,530	Series 2006-QS4-A9		6.00	%		04/25/2036		2,798,909
	2,005,048	Series 2006-QS5-A3		6.00	%		05/25/2036		1,681,544
	5,975,799	Series 2006-QS5-A4		6.00	%		05/25/2036		5,011,635
	1,055,918	Series 2006-QS6-1A16		6.00	%		06/25/2036		865,039
	1,531,908	Series 2006-QS6-1A2		6.00	%		06/25/2036		1,254,984
	2,897,443	Series 2006-QS8-A1		6.00	%		08/25/2036		2,423,234
	5,024,589	Series 2006-QS8-A5 (-1 x 1 mo. Term SOFR + 5.44%, 0.00% Floor, 5.55% Cap)		1.12	%^(f)(h)		08/25/2036		376,532
	1,811,021	Series 2006-QS9-1A6 (-1 x 1 mo. Term SOFR + 5.19%, 0.00% Floor, 5.30% Cap)		0.87	%^(f)(h)		07/25/2036		110,438
	17,722,200	Series 2007-QA5-1A1		6.38	%^(b)		09/25/2037		10,920,786
	23,990,203	Series 2007-QH5-AII (1 mo. Term SOFR + 0.57%, 0.46% Floor)		4.89	%		06/25/2037		10,656,103
	8,968,229	Series 2007-QH7-2A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor)		5.03	%		08/25/2037		8,305,108
	6,385,658	Series 2007-QS1-1A2 (-1 x 1 mo. Term SOFR + 5.34%, 0.00% Floor, 5.45% Cap)		1.02	%^(f)(h)		01/25/2037		438,896
	642,784	Series 2007-QS1-1A4		6.00	%		01/25/2037		512,504
	1,558,472	Series 2007-QS1-2A10		6.00	%		01/25/2037		1,192,062

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	18,960,709	Series 2007-QS10-A1		6.50	%		09/25/2037		15,822,662
	2,034,127	Series 2007-QS11-A1		7.00	%		10/25/2037		1,625,744
	2,019,045	Series 2007-QS2-A6		6.25	%		01/25/2037		1,687,784
	10,921,791	Series 2007-QS3-A1		6.50	%		02/25/2037		9,202,019
	1,741,548	Series 2007-QS3-A4		6.25	%		02/25/2037		1,444,478
	2,598,408	Series 2007-QS4-3A3		6.00	%		03/25/2037		2,226,842
	1,139,258	Series 2007-QS5-A1		5.50	%		03/25/2037		937,742
	469,990	Series 2007-QS5-A5 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 7.00% Cap)		4.73	%		03/25/2037		356,672
	1,560,945	Series 2007-QS5-A8 (-1 x 1 mo. Term SOFR + 6.59%, 0.00% Floor, 6.70% Cap)		2.27	%^(f)(h)		03/25/2037		205,816
	1,305,746	Series 2007-QS6-A102		5.75	%		04/25/2037		1,077,603
	419,835	Series 2007-QS6-A13 (-8 x 1 mo. Term SOFR + 54.05%, 0.00% Floor, 55.00% Cap)		18.05	%^(h)		04/25/2037		545,324
	1,869,726	Series 2007-QS6-A45		5.75	%		04/25/2037		1,543,041
	2,979,765	Series 2007-QS6-A6		6.25	%		04/25/2037		2,536,697
	205,803	Series 2007-QS6-A77 (-8 x 1 mo. Term SOFR + 54.88%, 0.00% Floor, 55.83% Cap)		18.89	%^(h)		04/25/2037		274,133
	5,239,662	Series 2007-QS7-2A1		6.75	%		06/25/2037		1,942,563
	10,832,377	Series 2007-QS9-A33		6.50	%		07/25/2037		8,948,881
		RAMP Trust
	1,321,943	Series 2004-RS7-A3		5.79	%^(b)		07/25/2034		1,191,753
	4,455,072	Series 2006-RS2-A3A (1 mo. Term SOFR + 0.41%, 0.30% Floor, 14.00% Cap)		5.03	%		03/25/2036		4,403,774
	11,142,887	Series 2006-RS3-A4 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 14.00% Cap)		5.03	%		05/25/2036		9,441,681
	11,564,651	Series 2006-RS6-A4 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.97	%		11/25/2036		9,477,251
		RASC Trust
	3,860,296	Series 2005-KS4-M5 (1 mo. Term SOFR + 1.31%, 1.20% Floor)		6.23	%		05/25/2035		4,012,098
	3,392,232	Series 2007-EMX1-A13 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 14.00% Cap)		4.83	%		01/25/2037		3,462,721
		RBSGC Mortgage Pass Through Certificates
	10,085,467	Series 2008-B-A1		6.00	%^(a)		06/25/2037		8,797,134
		RBSSP Resecuritization Trust
	155,704	Series 2009-12-17A2		6.48	%^(a)(b)		10/25/2035		156,747
	11,783,314	Series 2009-12-20A2		4.74	%^(a)(b)		12/25/2035		10,430,862
	2,899,483	Series 2010-4-7A2		6.00	%^(a)		07/26/2037		1,359,049
		Renaissance Home Equity Loan Trust
	5,355,470	Series 2006-1-AF6		5.75	%^(d)		05/25/2036		2,380,265
		Renaissance NIM Trust
	2,062,139	Series 2006-2-AF5		6.25	%^(d)		08/25/2036		791,866
	17,385,181	Series 2006-3-AF3		5.59	%^(d)		11/25/2036		5,623,931
	18,049,871	Series 2006-3-AF4		5.81	%^(d)		11/25/2036		6,075,722
	2,933,947	Series 2006-3-AF5		6.12	%^(d)		11/25/2036		1,040,359
	10,257,172	Series 2006-4-AF4		5.47	%^(d)		01/25/2037		3,237,354
	20,198,460	Series 2006-4-AF5		5.69	%^(d)		01/25/2037		6,624,661
	8,192,822	Series 2007-1-AF1		5.74	%^(d)		04/25/2037		1,946,118
	5,779,950	Series 2007-1-AF1Z		5.35	%^(d)		04/25/2037		1,298,569
	3,486,895	Series 2007-1-AF2		5.51	%^(d)		04/25/2037		795,017
	5,072,268	Series 2007-1-AF3		5.61	%^(d)		04/25/2037		1,177,490
	2,781,357	Series 2007-1-AF4		5.76	%^(d)		04/25/2037		662,879
	8,232,817	Series 2007-1-AF5		5.91	%^(d)		04/25/2037		2,012,875
	17,696,892	Series 2007-2-AF2Pool 2007-2		5.68	%^(d)		06/25/2037		4,397,766
	22,755,581	Series 2007-2-AF5		6.20	%^(d)		06/25/2037		6,292,551
		Residential Asset Securitization Trust
	4,382,486	Series 2005-A11-2A4		6.00	%		10/25/2035		1,852,233
	1,040,931	Series 2005-A12-A7 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap)		0.57	%^(f)(h)		11/25/2035		83,905
	1,392,808	Series 2005-A12-A8 (1 mo. Term SOFR + 0.66%, 0.55% Floor, 5.50% Cap)		4.98	%		11/25/2035		672,516
	1,382,952	Series 2005-A15-1A7		6.00	%		02/25/2036		1,356,324
	6,927,749	Series 2005-A15-5A3		5.75	%		02/25/2036		2,320,569

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	7,145,003	Series 2005-A16-A1		5.00	%		02/25/2036		2,430,092
	2,586,076	Series 2005-A8CB-A11		6.00	%		07/25/2035		1,528,370
	2,621,990	Series 2005-A8CB-A2 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap)		0.57	%^(f)(h)		07/25/2035		153,326
	641,036	Series 2006-A1-1A3		6.00	%		04/25/2036		274,031
	10,168,929	Series 2006-A1-3A2		6.00	%		04/25/2036		4,426,660
	4,987,307	Series 2006-A10-A5		6.50	%		09/25/2036		1,512,828
	7,033,289	Series 2006-A12-A1		6.25	%		11/25/2036		2,556,066
	7,190,986	Series 2006-A13-A1		6.25	%		12/25/2036		2,382,213
	14,049,094	Series 2006-A14C-2A6 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.88	%		12/25/2036		2,959,360
	31,004,243	Series 2006-A14C-2A7 (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap)		2.12	%^(f)(h)		12/25/2036		3,568,684
	5,475,467	Series 2006-A2-A11		6.00	%		01/25/2046		1,978,328
	3,796,793	Series 2006-A2-A4		6.00	%		01/25/2046		1,370,181
	3,155,504	Series 2006-A2-A9		6.00	%		01/25/2046		1,138,754
	2,250,431	Series 2006-A8-1A1		6.00	%		08/25/2036		1,426,801
	4,456,559	Series 2006-R1-A1 (-4 x 1 mo. Term SOFR + 27.94%, 0.00% Floor, 28.40% Cap)		10.67	%^(h)		01/25/2046		3,916,895
	19,370,809	Series 2007-A2-1A2		6.00	%		04/25/2037		9,751,494
	702,129	Series 2007-A3-1A2 (-8 x 1 mo. Term SOFR + 45.51%, 0.00% Floor, 46.38% Cap)		12.39	%^(h)		04/25/2037		762,156
	22,912,882	Series 2007-A5-1A4 (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap)		1.67	%^(f)(h)		05/25/2037		1,348,991
	5,885,661	Series 2007-A5-1A6 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.50% Cap)		4.83	%		05/25/2037		747,557
	4,010,486	Series 2007-A5-2A3		6.00	%		05/25/2037		2,048,162
	1,757,591	Series 2007-A5-2A5		6.00	%		05/25/2037		897,605
	7,406,997	Series 2007-A6-1A2		6.00	%		06/25/2037		3,795,440
	7,757,541	Series 2007-A7-A1		6.00	%		07/25/2037		2,855,515
	34,122,650	Series 2007-A7-A2		6.00	%		07/25/2037		12,560,390
	15,119,026	Series 2007-A7-A6		6.00	%		07/25/2037		5,565,244
		RESIDENTIAL MORTGAGE LOAN TRUST
	6,300,000	Series 2020-2-M1		3.57	%^(a)(b)		05/25/2060		5,996,053
		RFMSI Trust
	3,102,614	Series 2006-S10-1A1		6.00	%		10/25/2036		2,521,325
	952,544	Series 2006-S5-A12		6.00	%		06/25/2036		816,240
	65,215	Series 2006-S5-A15		6.00	%		06/25/2036		55,883
	1,930,282	Series 2006-S9-A1		6.25	%		09/25/2036		1,590,701
	2,162,913	Series 2007-S1-A7		6.00	%		01/25/2037		1,773,765
	1,290,466	Series 2007-S2-A1		6.00	%		02/25/2037		992,621
	1,453,852	Series 2007-S2-A4		6.00	%		02/25/2037		1,118,297
	2,714,176	Series 2007-S2-A5		6.00	%		02/25/2037		2,087,733
	1,334,426	Series 2007-S3-1A4		6.00	%		03/25/2037		969,529
	1,147,813	Series 2007-S4-A1		6.00	%		04/25/2037		882,831
	642,809	Series 2007-S4-A2		6.00	%		04/25/2037		494,409
	9,081,052	Series 2007-S5-A1		6.00	%		05/25/2037		7,623,076
	2,631,725	Series 2007-S5-A8		6.00	%		05/25/2037		2,209,721
	1,061,320	Series 2007-S6-2A4		6.00	%		06/25/2037		824,619
	7,247,410	Series 2007-S7-A20		6.00	%		07/25/2037		5,866,556
	3,796,865	Series 2007-S8-1A1		6.00	%		09/25/2037		2,610,402
	2,479,497	Series 2007-SA2-2A1		5.59	%^(b)		04/25/2037		2,146,923
		Rithm Capital Corp.
	62,504,400	Series 2020-RPL1-M1		3.25	%^(a)(b)		11/25/2059		54,947,312
	16,345,550	Series 2020-RPL1-M2		3.50	%^(a)(b)		11/25/2059		14,086,278
		Santander US Capital Markets LLC
	3,000,000	Series 2025-NQM3-A3		6.06	%^(a)(d)		05/25/2065		3,040,413
	3,000,000	Series 2025-NQM3-M1		6.33	%^(a)(b)		05/25/2065		3,042,810
		Securitized Asset Backed Receivables LLC
	3,324,140	Series 2006-NC3-A2B (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%		09/25/2036		1,115,861
	4,929,728	Series 2007-BR3-A2A (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.57	%		04/25/2037		3,286,177

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	4,818,039	Series 2007-BR3-A2B (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.87	%		04/25/2037		3,211,523
	13,311,804	Series 2007-BR4-A2B (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.83	%		05/25/2037		8,078,580
		Securitized Mortgage Asset Loan Trust
	167,914,023	Series 2015-1-PC		2.99	%^(a)(b)		02/25/2054		145,227,227
		Sequoia Mortgage Trust
	31,732	Series 2003-4-2A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 11.50% Cap)		5.13	%		07/20/2033		31,545
		SG Mortgage Securities Trust
	1,829,213	Series 2006-FRE1-A1A (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.77	%		02/25/2036		1,793,179
	2,361,314	Series 2006-FRE1-A2C (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.97	%		02/25/2036		1,167,384
		Soundview Home Equity Loan Trust
	11,316,760	Series 2007-NS1-M1 (1 mo. Term SOFR + 0.64%, 0.53% Floor)		4.96	%		01/25/2037		10,830,110
	2,977,831	Series 2007-OPT1-2A2 (1 mo. Term SOFR + 0.26%, 0.15% Floor)		4.58	%		06/25/2037		1,960,542
	5,226,648	Series 2007-OPT3-1A1 (1 mo. Term SOFR + 0.28%, 0.17% Floor)		4.60	%		08/25/2037		4,573,345
	17,059,350	Series 2007-OPT4-1A1 (1 mo. Term SOFR + 1.11%, 1.00% Floor)		5.43	%		09/25/2037		12,389,725
	40,789,143	Series 2007-WM1W-2A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.05	%		02/25/2037		33,898,600
		Specialty Underwriting & Residential Finance
	3,598,251	Series 2006-BC2-A2B		3.94	%^(d)		02/25/2037		1,172,184
	11,967,393	Series 2007-AB1-A2C (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		03/25/2037		6,119,909
		Spruce Hill Mortgage Loan Trust
	5,919,230	Series 2020-SH1-M1		3.22	%^(a)(b)		01/28/2050		5,860,718
		Starwood Mortgage Residential Trust
	6,329,000	Series 2021-1-B2		4.52	%^(a)(b)		05/25/2065		4,955,006
	5,000,000	Series 2021-2-B1		2.75	%^(a)(b)		05/25/2065		4,085,820
	7,110,000	Series 2021-2-B2		3.00	%^(a)(b)		05/25/2065		5,023,642
	9,103,000	Series 2021-5-M1		3.25	%^(a)(b)		09/25/2066		6,563,695
		Structured Adjustable Rate Mortgage Loan Trust
	956,630	Series 2005-22-4A1		5.50	%^(b)		12/25/2035		889,639
	7,247,985	Series 2006-1-8A1		4.90	%^(b)		02/25/2036		3,773,488
	2,002,363	Series 2006-12-2A1		4.49	%^(b)		01/25/2037		1,451,728
	800,271	Series 2006-8-4A4		5.06	%^(b)		09/25/2036		715,844
	5,879,443	Series 2007-7-1A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor)		5.03	%		08/25/2037		5,637,702
		Structured Asset Investment Loan Trust
	63,068,165	Series 2006-3-A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.75	%		06/25/2036		39,320,396
	7,394,845	Series 2006-4-A1 (1 mo. Term SOFR + 0.46%, 0.35% Floor)		4.78	%		07/25/2036		4,245,401
	20,800,000	Series 2006-4-A5 (1 mo. Term SOFR + 0.73%, 0.62% Floor)		5.05	%		07/25/2036		7,476,227
		Structured Asset Mortgage Investments, Inc.
	7,387,417	Series 2006-AR3-12A2 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 10.50% Cap)		4.83	%		05/25/2036		6,055,254
		Structured Asset Securities Corp.
	421,361	Series 2003-24A-1A3		5.63	%^(b)		07/25/2033		409,656
	8,320,088	Series 2005-5-3A1		6.00	%		04/25/2035		4,165,215
	59,179,738	Series 2006-BC4-A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.75	%		12/25/2036		33,575,743
	7,060,703	Series 2006-BC4-A4 (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.77	%		12/25/2036		6,896,681
	38,643,484	Series 2007-4-1A3 (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.82	%^(a)(f)(h)		03/28/2045		2,623,663
	20,127,500	Series 2007-BC4-M1 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		11/25/2037		16,119,489
	11,859,562	Series 2007-MN1A-A4 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.67	%^(a)		01/25/2037		7,323,140
	13,183,014	Series 2007-RF1-1A (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%^(a)		03/25/2037		10,848,793

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Suntrust Adjustable Rate Mortgage Loan Trust
	3,354,262	Series 2007-2-1A1		6.43	%^(b)		04/25/2037		1,263,959
	993,610	Series 2007-3-1A1		6.58	%^(b)		06/25/2037		469,054
		Suntrust Alternative Loan Trust
	163,180	Series 2005-1F-2A3		5.75	%		12/25/2035		150,938
	453,997	Series 2006-1F-1A3		6.00	%		04/25/2036		153,639
		Terwin Mortgage Trust
	10,283,788	Series 2006-7-2A3 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.97	%^(a)		08/25/2037		4,496,576
		Thornburg Mortgage Securities Trust
	77,381	Series 2003-6-A2 (1 mo. Term SOFR + 1.11%, 1.00% Floor, 11.50% Cap)		5.43	%		12/25/2033		74,786
	2,042,247	Series 2004-4-5A		2.96	%^(b)		12/25/2044		1,802,891
	4,049,032	Series 2007-1-A1 (12 mo. Term SOFR + 2.02%, 0.11% Floor, 10.75% Cap)		6.05	%		03/25/2037		3,403,243
	1,057,599	Series 2007-1-A2A (12 mo. Term SOFR + 2.02%, 0.11% Floor, 10.75% Cap)		6.05	%		03/25/2037		764,307
		Tricon American Homes Trust
	5,000,000	Series 2019-SFR1-E		3.40	%^(a)		03/17/2038		4,942,277
	8,900,000	Series 2020-SFR1-D		2.55	%^(a)		07/17/2038		8,652,904
	1,600,000	Series 2020-SFR1-E		3.54	%^(a)		07/17/2038		1,569,542
		Tricon Residential Trust
	16,000,000	Series 2021-SFR1-B		2.24	%^(a)		07/17/2038		15,579,114
	13,250,000	Series 2021-SFR1-C		2.34	%^(a)		07/17/2038		12,868,507
	5,250,000	Series 2021-SFR1-D		2.59	%^(a)		07/17/2038		5,086,555
	10,000,000	Series 2021-SFR1-E2		2.89	%^(a)		07/17/2038		9,708,274
	11,300,000	Series 2021-SFR1-F		3.69	%^(a)		07/17/2038		11,044,523
		VCAT Asset Securitization LLC
	62,085,202	Series 2025-NPL1-A1		5.88	%^(a)(d)		01/25/2055		62,252,062
	35,178,934	Series 2025-NPL2-A1		5.98	%^(a)(d)		01/25/2055		35,276,084
		Velocity Commercial Capital Loan Trust
	2,114,823	Series 2017-2-AFX		3.07	%^(a)(b)		11/25/2047		2,079,689
	5,517,306	Series 2018-2-A		4.05	%^(a)(b)		10/26/2048		5,388,169
	16,466,903	Series 2019-1-A		3.76	%^(a)(b)		03/25/2049		15,798,945
	1,927,527	Series 2019-1-M4		4.61	%^(a)(b)		03/25/2049		1,644,361
	5,246,070	Series 2019-2-A		3.13	%^(a)(b)		07/25/2049		5,026,050
	1,998,698	Series 2019-2-M1		3.26	%^(a)(b)		07/25/2049		1,821,807
	1,616,211	Series 2020-1-M4		3.54	%^(a)(b)		02/25/2050		1,166,537
	46,179,584	Series 2024-6-A		5.81	%^(a)(b)		12/25/2054		46,481,248
	26,002,184	Series 2025-1-A		6.03	%^(a)(b)		02/25/2055		26,287,074
		Vericrest Opportunity Loan Transferee
	8,523,362	Series 2021-CF1-A1		4.99	%^(a)(d)		08/25/2051		8,529,952
	8,811,090	Series 2021-CF2-A1		5.49	%^(a)(d)		11/27/2051		8,797,411
	4,977,817	Series 2021-NPL3-A1		6.24	%^(a)(d)		02/27/2051		4,979,465
	450,914	Series 2021-NPL5-A1		6.12	%^(a)(d)		03/27/2051		451,115
	3,883,177	Series 2021-NPL6-A1		6.24	%^(a)(d)		04/25/2051		3,882,254
	875,096	Series 2021-NPL9-A1		5.99	%^(a)(d)		05/25/2051		874,504
		Verus Securitization Trust
	6,100,000	Series 2021-3-M1		2.40	%^(a)(b)		06/25/2066		4,459,855
	4,588,000	Series 2021-4-B1		3.05	%^(a)(b)		07/25/2066		3,048,469
	2,300,000	Series 2021-4-B2		3.81	%^(a)(b)		07/25/2066		1,577,814
	2,500,000	Series 2021-4-M1		2.20	%^(a)(b)		07/25/2066		1,638,161
	6,651,000	Series 2021-5-B1		3.04	%^(a)(b)		09/25/2066		4,678,730
	9,255,000	Series 2021-5-M1		2.33	%^(a)(b)		09/25/2066		6,544,943
		Voyager OPTONE Delaware Trust
	5,633,367	Series 2009-1-SAC3		3.67	%^(a)(b)		02/25/2038		4,316,750
		WAMU Asset-Backed Certificates
	7,165,939	Series 2007-HE1-2A2 (1 mo. Term SOFR + 0.33%, 0.33% Floor)		4.65	%		01/25/2037		3,254,130
	12,617,576	Series 2007-HE4-1A (1 mo. Term SOFR + 0.28%, 0.28% Floor)		4.60	%		07/25/2047		9,463,303
		WaMu Mortgage Pass Through Certificates
	4,520,860	Series 2005-AR19-B1 (1 mo. Term SOFR + 1.16%, 1.05% Floor, 10.50% Cap)		5.48	%		12/25/2045		3,943,434
	4,776,244	Series 2006-AR10-1A1		4.82	%^(b)		09/25/2036		4,179,531

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	4,688,698	Series 2006-AR15-1A (12 Month US Treasury Average + 0.84%, 0.84% Floor)		5.24	%		11/25/2046		3,968,761
	2,957,901	Series 2006-AR5-A12B (12 Month US Treasury Average + 0.98%, 0.98% Floor)		5.38	%		06/25/2046		2,714,098
	415,648	Series 2006-AR6-2A3		4.82	%^(b)		08/25/2036		375,614
	3,863,543	Series 2007-HY3-4A1		5.10	%^(b)		03/25/2037		3,608,846
	6,438,434	Series 2007-HY5-1A1		4.16	%^(b)		05/25/2037		5,631,471
		Washington Mutual Alternative Mortgage Pass-Through Certificates
	3,305,190	Series 2005-1-2A		6.00	%		03/25/2035		2,880,488
	805,910	Series 2005-4-5A1		5.50	%		06/25/2035		700,223
	324,558	Series 2005-5-CB12 (-11 x 1 mo. Term SOFR + 49.34%, 0.00% Floor, 50.60% Cap)		1.83	%^(h)		07/25/2035		330,071
	1,050,999	Series 2005-5-CB6 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 7.50% Cap)		5.03	%		07/25/2035		920,681
	255,193	Series 2005-6-2A7		5.50	%		08/25/2035		226,185
	2,917,051	Series 2005-7-2CB6 (1 mo. Term SOFR + 1.56%, 1.45% Floor, 6.00% Cap)		5.88	%		08/25/2035		2,838,728
	265,187	Series 2005-7-2CB7 (-11 x 1 mo. Term SOFR + 48.79%, 0.00% Floor, 50.05% Cap)		1.28	%^(h)		08/25/2035		249,946
	1,998,467	Series 2005-7-3CB		6.50	%		08/25/2035		1,706,464
	4,251,247	Series 2005-8-1A2		5.50	%		10/25/2035		3,974,243
	4,483,180	Series 2005-9-2A2		5.50	%		11/25/2035		4,156,709
	939,114	Series 2005-9-CX		5.50	%^(f)		11/25/2035		158,688
	3,814,176	Series 2006-1-2CB1		7.00	%		02/25/2036		2,838,401
	1,312,766	Series 2006-1-3A1		5.75	%		02/25/2036		1,242,770
	661,962	Series 2006-1-3A2		5.75	%		02/25/2036		624,437
	563,034	Series 2006-1-3A7		5.75	%		02/25/2036		531,373
	1,794,306	Series 2006-3-3CB4		6.00	%		04/25/2036		1,569,616
	980,857	Series 2006-5-1A8		5.75	%		07/25/2036		778,709
	2,249,517	Series 2006-5-2CB1		6.00	%		07/25/2036		1,615,328
	4,086,069	Series 2006-5-2CB6		6.00	%		07/25/2036		2,934,116
	12,587,890	Series 2006-5-3A3		6.72	%^(d)		07/25/2036		2,739,363
	5,245,680	Series 2006-5-3A5		6.95	%^(d)		07/25/2036		1,140,597
	7,331,000	Series 2006-8-A4		4.11	%^(d)		10/25/2036		2,482,413
	2,763,970	Series 2006-9-A7		4.18	%^(d)		10/25/2036		845,731
	3,442,022	Series 2006-AR10-A1 (1 mo. Term SOFR + 0.31%, 0.20% Floor)		4.63	%		12/25/2036		1,699,584
	4,687,350	Series 2006-AR4-2A (12 Month US Treasury Average + 0.95%, 0.95% Floor)		5.35	%		06/25/2046		3,496,041
	4,380,544	Series 2006-AR5-4A (12 Month US Treasury Average + 0.99%, 0.99% Floor)		5.39	%		06/25/2046		3,580,208
	6,371,215	Series 2007-2-1A6		6.00	%		04/25/2037		5,254,892
	2,603,250	Series 2007-3-A3		6.00	%		04/25/2037		2,313,931
	2,066,055	Series 2007-4-1A1		5.50	%		06/25/2037		2,013,273
	142,782	Series 2007-5-A11 (-6 x 1 mo. Term SOFR + 38.79%, 0.00% Floor, 39.48% Cap)		12.88	%^(h)		06/25/2037		161,046
	3,569,547	Series 2007-5-A6		6.00	%		06/25/2037		3,275,333
	4,943,981	Series 2007-OC1-A2 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.67	%		01/25/2047		4,321,881
		Washington Mutual Asset-Backed Certificates
	1,028,427	Series 2006-HE2-A4 (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.91	%		05/25/2036		797,412
	18,829,829	Series 2007-HE2-2A2 (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.87	%		02/25/2037		5,917,108
		Wells Fargo Alternative Loan Trust
	406,466	Series 2007-PA1-A10		6.00	%		03/25/2037		374,020
	1,784,703	Series 2007-PA1-A3		6.00	%		03/25/2037		1,642,241
	1,538,804	Series 2007-PA1-A5		6.00	%		03/25/2037		1,415,971
	2,522,023	Series 2007-PA1-A6		6.00	%		03/25/2037		2,320,705
	10,021,376	Series 2007-PA2-1A1		6.00	%		06/25/2037		9,145,270
	1,406,640	Series 2007-PA2-3A1 (1 mo. Term SOFR + 0.46%, 0.35% Floor, 7.00% Cap)		4.78	%		06/25/2037		1,012,817

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	2,072,199	Series 2007-PA2-3A2 (-1 x 1 mo. Term SOFR + 6.54%, 0.00% Floor, 6.65% Cap)		2.22	%^(f)(h)		06/25/2037		229,492
	3,645,519	Series 2007-PA3-2A1		6.00	%		07/25/2037		3,298,250
	1,448,388	Series 2007-PA3-2A4		6.00	%		07/25/2037		1,310,416
	2,509,277	Series 2007-PA3-3A1		6.25	%		07/25/2037		2,195,745
	18,653,471	Series 2007-PA5-1A1		6.25	%		11/25/2037		16,785,516
	3,401,863	Series 2007-PA6-A1		6.50	%^(b)		12/28/2037		3,108,627
		Wells Fargo Mortgage Backed Securities Trust
	998,621	Series 2006-AR12-1A1		7.39	%^(b)		09/25/2036		914,593
	493,717	Series 2006-AR13-A2		7.29	%^(b)		09/25/2036		485,198
	598,588	Series 2006-AR4-2A1		6.14	%^(b)		04/25/2036		593,748
	892,809	Series 2007-7-A1		6.00	%		06/25/2037		840,883
	62,093	Series 2007-7-A32		5.75	%		06/25/2037		57,909
	2,010,539	Series 2007-7-A34		6.00	%		06/25/2037		1,893,606
	544,552	Series 2007-7-A36		6.00	%		06/25/2037		512,861
	185,194	Series 2007-7-A43 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap)		4.93	%		06/25/2037		165,209
	505,945	Series 2007-7-A49		6.00	%		06/25/2037		476,519
	214,190	Series 2007-7-A8 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap)		4.93	%		06/25/2037		191,076
	96,625	Series 2007-7-A9 (-6 x 1 mo. Term SOFR + 38.31%, 0.00% Floor, 39.00% Cap)		12.40	%^(h)		06/25/2037		111,373
	8,627,858	Series 2007-AR9-A1		6.55	%^(b)		12/28/2037		7,789,057
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $8,998,621,851)							7,169,516,129
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 50.6%
		Fannie Mae Whole Loan
	4,062,033	Series 2003-W17-1A7		5.75	%		08/25/2033		4,120,782
	1,149,220	Series 2004-W10-A6		5.75	%		08/25/2034		1,163,220
		Federal Home Loan Mortgage Corp.
	1,619,227	Pool C03490		4.50	%		08/01/2040		1,616,753
	9,403,269	Pool C91388		3.50	%		02/01/2032		9,235,516
	4,906,396	Pool C91403		3.50	%		03/01/2032		4,818,075
	4,849,205	Pool C91413		3.50	%		12/01/2031		4,764,250
	2,541,063	Pool C91417		3.50	%		01/01/2032		2,496,136
	10,293,659	Pool C91447		3.50	%		05/01/2032		10,105,105
	4,077,818	Pool C91596		3.00	%		02/01/2033		3,946,848
	1,848,483	Pool D98901		3.50	%		01/01/2032		1,815,533
	4,077,178	Pool D98923		3.50	%		01/01/2032		4,005,167
	5,143,667	Pool D99724		3.00	%		11/01/2032		4,980,117
	4,858,460	Pool G01840		5.00	%		07/01/2035		4,933,222
	1,085,850	Pool G04817		5.00	%		09/01/2038		1,103,060
	4,407,991	Pool G07801		4.00	%		10/01/2044		4,213,651
	9,465,998	Pool G07862		4.00	%		01/01/2044		9,118,863
	10,755,272	Pool G07905		4.00	%		01/01/2042		10,399,852
	21,220,308	Pool G08534		3.00	%		06/01/2043		19,198,496
	6,829,725	Pool G08537		3.00	%		07/01/2043		6,177,591
	12,299,431	Pool G08614		3.00	%		11/01/2044		11,023,340
	14,724,136	Pool G08619		3.00	%		12/01/2044		13,184,268
	19,119,181	Pool G08622		3.00	%		01/01/2045		17,041,530
	15,653,409	Pool G08653		3.00	%		07/01/2045		13,970,821
	9,070,829	Pool G08658		3.00	%		08/01/2045		8,092,031
	10,322,542	Pool G08670		3.00	%		10/01/2045		9,199,022
	120,793,260	Pool G08675		3.00	%		11/01/2045		107,658,771
	50,223,242	Pool G08680		3.00	%		12/01/2045		44,528,962
	20,962,072	Pool G08686		3.00	%		01/01/2046		18,678,780
	46,794,676	Pool G08692		3.00	%		02/01/2046		41,692,549
	14,870,988	Pool G08705		3.00	%		05/01/2046		13,241,812
	17,214,635	Pool G08715		3.00	%		08/01/2046		15,323,284
	895,425	Pool G08800		3.50	%		02/01/2048		821,753

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	7,091,533	Pool G16072		3.00	%		02/01/2032		6,906,618
	20,620,792	Pool G60251		3.50	%		10/01/2045		19,191,464
	52,136,994	Pool G60393		3.50	%		01/01/2046		48,480,575
	4,102,284	Pool J22834		2.50	%		03/01/2028		4,020,345
	18,572,986	Pool Q13637		3.00	%		11/01/2042		16,837,987
	18,747,139	Pool Q13638		3.00	%		11/01/2042		16,988,047
	31,255,658	Pool Q16672		3.00	%		03/01/2043		28,303,735
	2,114,881	Pool Q23595		4.00	%		12/01/2043		2,041,036
	2,161,952	Pool Q24052		4.00	%		01/01/2044		2,075,216
	1,855,408	Pool Q24172		4.00	%		01/01/2044		1,789,280
	2,090,545	Pool Q24979		4.00	%		02/01/2044		1,998,371
	8,091,629	Pool Q31596		3.50	%		02/01/2045		7,539,122
	3,669,903	Pool Q32861		3.50	%		04/01/2045		3,415,521
	8,921,781	Pool Q32921		3.50	%		04/01/2045		8,299,650
	9,721,784	Pool Q39502		3.50	%		03/01/2046		9,027,930
	20,664,447	Pool Q44073		3.00	%		09/01/2046		18,366,179
	9,266,189	Pool QE2022		3.00	%		05/01/2052		8,089,683
	14,348,679	Pool QU7965		2.00	%		09/01/2051		11,132,695
	12,925,874	Pool QU7970		2.00	%		09/01/2051		10,028,652
	14,248,233	Pool RA2853		2.50	%		06/01/2050		11,963,213
	45,152,498	Pool RA3515		2.50	%		09/01/2050		37,687,576
	18,541,357	Pool RA4218		2.50	%		12/01/2050		15,600,028
	14,200,947	Pool RA4968		2.50	%		04/01/2046		12,126,599
	52,097,380	Pool RA5267		3.00	%		05/01/2051		45,509,175
	7,675,338	Pool RA7554		4.00	%		06/01/2052		7,161,770
	81,293,976	Pool RA7939		5.00	%		09/01/2052		80,166,482
	65,614,048	Pool RB5089		1.50	%		12/01/2040		54,491,751
	6,906,579	Pool RB5106		2.50	%		03/01/2041		6,192,332
	75,559,929	Pool RB5110		1.50	%		05/01/2041		62,641,065
	15,963,371	Pool RJ1071		6.00	%		03/01/2054		16,412,594
	28,287,096	Pool SD0699		2.00	%		11/01/2050		23,060,993
	39,787,124	Pool SD0715		2.00	%		09/01/2051		32,422,245
	57,803,326	Pool SD2120		3.00	%		10/01/2051		50,636,349
	33,249,056	Pool SD2386		3.50	%		06/01/2052		30,214,087
	53,026,312	Pool SD2692		4.50	%		04/01/2053		50,849,984
	20,686,902	Pool SD2759		5.50	%		05/01/2053		20,867,398
	25,858,913	Pool SD2839		3.00	%		08/01/2052		22,602,734
	15,235,216	Pool SD2971		2.50	%		03/01/2052		12,822,685
	27,739,995	Pool SD3011		3.00	%		05/01/2052		24,285,367
	12,665,014	Pool SD3033		5.50	%		05/01/2053		12,904,536
	61,171,522	Pool SD3093		2.50	%		03/01/2052		51,382,453
	48,320,638	Pool SD3454		5.50	%		08/01/2053		48,724,714
	19,325,349	Pool SD3530		6.00	%		08/01/2053		19,798,155
	21,863,152	Pool SD3912		5.50	%		09/01/2053		22,092,110
	37,221,174	Pool SD4701		6.00	%		02/01/2054		38,189,029
	25,400,760	Pool SD4794		6.50	%		01/01/2054		26,865,115
	40,085,188	Pool SD4887		6.00	%		02/01/2054		41,213,742
	23,224,882	Pool SD4888		6.00	%		02/01/2054		23,848,945
	45,346,691	Pool SD4965		5.50	%		02/01/2054		45,924,612
	14,911,846	Pool SD5141		6.00	%		04/01/2054		15,246,912
	16,105,158	Pool SD5366		6.00	%		04/01/2054		16,540,290
	30,846,571	Pool SD5603		5.50	%		06/01/2054		31,239,725
	10,716,676	Pool SD5617		6.00	%		06/01/2054		11,042,408
	50,223,081	Pool SD5814		6.00	%		07/01/2054		51,649,357
	29,093,593	Pool SD5964		5.50	%		11/01/2053		29,426,596
	22,362,964	Pool SD5968		6.00	%		07/01/2054		22,971,161
	50,589,129	Pool SD6053		5.50	%		08/01/2054		51,057,200
	24,246,433	Pool SD7162		5.50	%		12/01/2054		24,541,613
	171,783,873	Pool SD7534		2.50	%		02/01/2051		145,879,360
	14,284,556	Pool SD7535		2.50	%		02/01/2051		12,072,530
	21,079,540	Pool SD7564		5.00	%		06/01/2053		20,911,112
	19,344,088	Pool SD7565		5.50	%		09/01/2053		19,597,778

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	54,947,691	Pool SD7568		5.50	%		02/01/2054		55,647,949
	82,475,266	Pool SD7569		6.00	%		04/01/2054		84,897,439
	74,679,748	Pool SD8152		3.00	%		06/01/2051		65,090,440
	2,778,687	Pool SD8168		3.00	%		09/01/2051		2,417,208
	7,596,892	Pool SD8169		3.50	%		09/01/2051		6,871,214
	38,052,591	Pool SE9043		2.00	%		09/01/2051		29,523,634
	24,708,933	Pool SL0312		6.00	%		01/01/2055		25,607,031
	910,959	Pool T60392		4.00	%		10/01/2041		858,796
	1,248,942	Pool T60681		4.00	%		05/01/2042		1,182,114
	5,107,907	Pool T60782		3.50	%		07/01/2042		4,690,448
	5,810,505	Pool T60853		3.50	%		09/01/2042		5,335,653
	5,551,213	Pool T60854		3.50	%		09/01/2042		5,097,571
	955,553	Pool T65110		3.50	%		10/01/2042		877,484
	6,182,713	Pool T65492		3.00	%		06/01/2048		5,376,644
	519,036	Pool T69016		5.00	%		06/01/2041		509,042
	9,475,162	Pool T69050		3.50	%		05/01/2046		8,700,766
	126,166	Pool U60299		4.00	%		11/01/2040		121,202
	127,317,262	Pool U69911		4.00	%		04/01/2045		122,302,204
	39,752,913	Pool U69913		3.50	%		06/01/2043		36,991,191
	1,121,549	Pool U99125		3.00	%		01/01/2043		1,014,257
	42,905,746	Pool V81821		3.00	%		08/01/2045		38,347,214
	12,644,679	Pool V82117		3.00	%		12/01/2045		11,289,307
	6,074,872	Pool V82248		3.50	%		03/01/2046		5,606,244
	10,500,000	Pool WN1221		4.80	%		12/01/2029		10,659,462
	19,180,000	Pool WN1240		4.40	%		12/01/2029		19,148,885
	40,000,000	Pool WN2184		2.50	%		04/01/2032		35,584,144
	23,230,000	Pool WN2311		4.80	%		01/01/2030		23,581,666
	44,864,038	Pool WN2358		4.30	%		01/01/2030		44,774,323
	21,553,057	Pool WN2396		4.79	%		03/01/2030		21,820,847
	15,225,000	Pool WN2423		4.19	%		06/01/2030		15,074,815
	13,881,000	Pool WN2579		4.85	%		03/01/2029		14,028,203
	68,851,566	Pool Z40117		3.00	%		04/01/2045		61,965,036
	60,276,651	Pool Z40206		3.50	%		02/01/2047		55,675,500
	76,058,268	Pool Z40256		3.00	%		12/01/2046		68,160,970
	18,728,443	Pool Z40264		4.00	%		11/01/2040		18,145,871
	107,853,413	Pool Z40265		3.50	%		08/01/2047		99,254,010
	11,169,994	Pool ZS4706		3.00	%		03/01/2047		9,901,219
	5,783,686	Pool ZS4750		3.00	%		01/01/2048		5,106,920
	10,289,413	Pool ZS4778		4.00	%		07/01/2048		9,744,257
	8,453,345	Pool ZS4790		4.00	%		09/01/2048		8,001,525
	12,753,486	Pool ZT1827		3.00	%		07/01/2047		11,321,528
	255,329	Series 2519-ZD		5.50	%		11/15/2032		261,135
	137,736	Series 2596-ZL		5.00	%		04/15/2033		140,281
	9,951,492	Series 267-30		3.00	%		08/15/2042		9,090,922
	106,628	Series 2684-ZN		4.00	%		10/15/2033		103,868
	7,014,606	Series 274-30		3.00	%		08/15/2042		6,357,429
	613,944	Series 2750-ZT		5.00	%		02/15/2034		626,726
	28,084,227	Series 280-30		3.00	%		09/15/2042		25,989,822
	1,963,428	Series 2825-PZ		5.50	%		07/15/2034		2,044,180
	5,286,086	Series 284-300		3.00	%		10/15/2042		4,891,763
	1,128,420	Series 2898-JZ		5.00	%		12/15/2034		1,151,120
	2,977,402	Series 2899-AZ		5.00	%		12/15/2034		3,044,829
	1,551,760	Series 2909-Z		5.00	%		12/15/2034		1,587,705
	3,295,975	Series 2932-Z		5.00	%		02/15/2035		3,378,987
	1,204,093	Series 3002-SN (-1 x 30 day avg SOFR US + 6.39%, 0.00% Floor, 6.50% Cap)		2.08	%^(f)(h)		07/15/2035		93,269
	784,498	Series 3030-SL (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap)		1.68	%^(f)(h)		09/15/2035		60,420
	268,965	Series 3045-DI (-1 x 30 day avg SOFR US + 6.62%, 0.00% Floor, 6.73% Cap)		2.31	%^(f)(h)		10/15/2035		24,164
	2,063,005	Series 3116-Z		5.50	%		02/15/2036		2,147,251
	335,685	Series 3117-ZN		4.50	%		02/15/2036		335,477

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,017,881	Series 3174-PZ		5.00	%		01/15/2036		1,045,228
	260,880	Series 3187-JZ		5.00	%		07/15/2036		268,052
	741,337	Series 3188-ZK		5.00	%		07/15/2036		759,994
	1,103,118	Series 3203-SE (-1 x 30 day avg SOFR US + 6.39%, 0.00% Floor, 6.50% Cap)		2.08	%^(f)(h)		08/15/2036		104,946
	1,473,918	Series 3203-Z		5.00	%		07/15/2036		1,507,643
	4,270,566	Series 326-300Pool S0-7094		3.00	%		03/15/2044		3,898,183
	1,534,284	Series 3261-SA (-1 x 30 day avg SOFR US + 6.32%, 0.00% Floor, 6.43% Cap)		2.01	%^(f)(h)		01/15/2037		147,809
	1,240,001	Series 3275-SC (-1 x 30 day avg SOFR US + 5.97%, 0.00% Floor, 6.08% Cap)		1.66	%^(f)(h)		02/15/2037		104,903
	300,039	Series 3315-HZ		6.00	%		05/15/2037		317,374
	1,021,020	Series 3326-GS (-1 x 30 day avg SOFR US + 6.54%, 0.00% Floor, 6.65% Cap)		2.23	%^(f)(h)		06/15/2037		91,186
	274,327	Series 3351-ZC		5.50	%		07/15/2037		282,579
	3,537,037	Series 3355-BI (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.63	%^(f)(h)		08/15/2037		322,106
	176,574	Series 3369-Z		6.00	%		09/15/2037		184,011
	485,054	Series 3405-ZG		5.50	%		01/15/2038		496,856
	137,550	Series 3417-SI (-1 x 30 day avg SOFR US + 6.07%, 0.00% Floor, 6.18% Cap)		1.76	%^(f)(h)		02/15/2038		10,956
	597,020	Series 3423-GS (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap)		1.23	%^(f)(h)		03/15/2038		41,228
	98,037	Series 3423-SG (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap)		1.23	%^(f)(h)		03/15/2038		6,645
	141,406	Series 3451-S (-1 x 30 day avg SOFR US + 5.92%, 0.00% Floor, 6.03% Cap)		1.61	%^(f)(h)		02/15/2037		9,311
	129,465	Series 3455-SC (-1 x 30 day avg SOFR US + 5.95%, 0.00% Floor, 6.06% Cap)		1.64	%^(f)(h)		06/15/2038		9,767
	61,151	Series 3473-SM (-1 x 30 day avg SOFR US + 5.96%, 0.00% Floor, 6.07% Cap)		1.65	%^(f)(h)		07/15/2038		4,685
	1,201,557	Series 3484-SE (-1 x 30 day avg SOFR US + 5.74%, 0.00% Floor, 5.85% Cap)		1.43	%^(f)(h)		08/15/2038		87,047
	1,762,778	Series 3519-SD (-1 x 30 day avg SOFR US + 5.44%, 0.00% Floor, 5.55% Cap)		1.13	%^(f)(h)		02/15/2038		125,848
	538,568	Series 3524-LB		3.23	%^(b)		06/15/2038		513,947
	59,983	Series 3530-GZ		4.50	%		05/15/2039		58,625
	1,514,372	Series 3541-EI (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.33	%^(f)(h)		06/15/2039		168,081
	110,611	Series 3545-SA (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.73	%^(f)(h)		06/15/2039		9,090
	46,014	Series 3549-SA (-1 x 30 day avg SOFR US + 5.69%, 0.00% Floor, 5.80% Cap)		1.38	%^(f)(h)		07/15/2039		3,801
	29,388,717	Series 357-200Pool S0-7745		2.00	%		09/15/2047		25,248,974
	1,905,692	Series 3577-LS (-1 x 30 day avg SOFR US + 7.09%, 0.00% Floor, 7.20% Cap)		2.78	%^(f)(h)		08/15/2035		220,550
	760,705	Series 3582-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		10/15/2049		66,954
	599,630	Series 3583-GB		4.50	%		10/15/2039		602,757
	824,049	Series 3616-SG (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap)		1.93	%^(f)(h)		03/15/2032		35,143
	1,774,380	Series 3626-AZ		5.50	%		08/15/2036		1,844,559
	2,272,285	Series 3654-ZB		5.50	%		11/15/2037		2,374,369
	256,900	Series 3667-SBPool 3667 (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		2.03	%^(f)(h)		05/15/2040		21,269
	29,846,919	Series 367-C28		3.00	%^(f)		07/15/2050		4,812,681
	1,810,056	Series 3702-SG (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.63	%^(f)(h)		08/15/2032		103,077
	1,297,072	Series 3704-EI		5.00	%^(f)		12/15/2036		141,416
	1,005,967	Series 3712-SG (-5 x 30 day avg SOFR US + 24.43%, 0.00% Floor, 25.00% Cap)		2.86	%^(h)		08/15/2040		1,106,170
	1,480,547	Series 3724-CM		5.50	%		06/15/2037		1,552,513
	4,784,226	Series 3726-SA (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.63	%^(f)(h)		09/15/2040		468,402

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	186,682	Series 3741-SC (-2 x 30 day avg SOFR US + 9.77%, 0.00% Floor, 10.00% Cap)		1.16	%^(h)		10/15/2040		140,722
	4,674,509	Series 3752-BS (-2 x 30 day avg SOFR US + 9.77%, 0.00% Floor, 10.00% Cap)		1.15	%^(h)		11/15/2040		3,775,509
	1,170,651	Series 3771-AL		4.00	%		12/15/2030		1,169,798
	2,875,190	Series 3779-BY		3.50	%		12/15/2030		2,834,401
	3,381,360	Series 3779-LB		4.00	%		12/15/2030		3,378,883
	777,898	Series 3779-YA		3.50	%		12/15/2030		766,862
	2,828,085	Series 3783-AC		4.00	%		01/15/2031		2,826,037
	2,984,617	Series 3786-SG (-2 x 30 day avg SOFR US + 9.27%, 0.00% Floor, 9.50% Cap)		0.66	%^(h)		01/15/2041		2,274,958
	2,400,006	Series 3788-AY		3.50	%		01/15/2031		2,357,115
	440,129	Series 3790-Z		4.00	%		01/15/2041		424,976
	1,256,315	Series 3803-ZM		4.00	%		02/15/2041		1,213,275
	10,879,225	Series 3806-CZ		5.50	%		07/15/2034		11,310,531
	2,847,820	Series 3812-EY		3.50	%		02/15/2031		2,796,708
	1,234,468	Series 3818-CZ		4.50	%		03/15/2041		1,222,498
	3,350,433	Series 3828-SW (-3 x 30 day avg SOFR US + 12.86%, 0.00% Floor, 13.20% Cap)		0.00	%^(h)		02/15/2041		2,720,486
	5,964,067	Series 3843-PZ		5.00	%		04/15/2041		6,076,179
	83,959,611	Series 386-C19		2.50	%^(f)		03/15/2052		14,499,699
	155,692,409	Series 386-C4		2.50	%^(f)		08/15/2051		25,017,480
	98,257,021	Series 386-C6		2.50	%^(f)		12/15/2050		16,015,978
	2,909,707	Series 3870-PB		4.50	%		06/15/2041		2,917,691
	3,924,377	Series 3872-BA		4.00	%		06/15/2041		3,854,835
	2,142,465	Series 3877-EY		4.50	%		06/15/2041		2,134,528
	806,556	Series 3877-GY		4.50	%		06/15/2041		803,306
	1,723,953	Series 3900-SB (-1 x 30 day avg SOFR US + 5.86%, 0.00% Floor, 5.97% Cap)		1.55	%^(f)(h)		07/15/2041		145,405
	1,600,180	Series 3910-ZE		5.00	%		10/15/2034		1,636,510
	2,866,091	Series 3919-KL		4.50	%		09/15/2041		2,853,781
	9,247,547	Series 3919-ZJ		4.00	%		09/15/2041		9,012,550
	545,986	Series 3942-JZ		4.00	%		10/15/2041		526,253
	3,376,519	Series 3944-AZ		4.00	%		10/15/2041		3,255,791
	1,454,946	Series 3946-SM (-3 x 30 day avg SOFR US + 14.36%, 0.00% Floor, 14.70% Cap)		1.45	%^(h)		10/15/2041		1,180,730
	7,129,238	Series 3969-AB		4.00	%		10/15/2033		7,071,161
	1,422,845	Series 3982-AZ		3.50	%		01/15/2042		1,332,801
	2,102,881	Series 3999-EZ		4.00	%		02/15/2042		2,029,037
	141,855	Series 4050-ND		2.50	%		09/15/2041		140,292
	3,173,400	Series 4121-AV		3.00	%		12/15/2035		3,114,496
	10,091,113	Series 4183-ZB		3.00	%^(g)		03/15/2043		8,070,134
	3,594,313	Series 4186-ZJ		3.00	%^(g)		03/15/2033		3,389,398
	40,143,373	Series 4212-US (-1 x 30 day avg SOFR US + 5.26%, 0.00% Floor, 5.40% Cap)		0.09	%^(h)		06/15/2043		27,118,362
	19,309,604	Series 4223-US (-1 x 30 day avg SOFR US + 5.29%, 0.00% Floor, 5.43% Cap)		0.09	%^(h)		07/15/2043		12,588,976
	8,852,526	Series 4249-CS (-1 x 30 day avg SOFR US + 4.56%, 0.00% Floor, 4.65% Cap)		1.33	%^(h)		09/15/2043		6,700,824
	7,322,524	Series 4341-ZA		3.00	%		05/15/2044		6,701,081
	1,148,241	Series 4379-KA		3.00	%		08/15/2044		1,096,297
	32,457,099	Series 4384-ZY		3.00	%^(g)		09/15/2044		29,534,386
	5,386,496	Series 4427-PS (-1 x 30 day avg SOFR US + 5.49%, 0.00% Floor, 5.60% Cap)		1.18	%^(f)(h)		07/15/2044		328,815
	675,969	Series 4438-B		3.00	%		10/15/2043		658,579
	11,720,921	Series 4441-VZ		3.00	%^(g)		02/15/2045		10,257,251
	4,943,738	Series 4471-BA		3.00	%		12/15/2041		4,892,486
	4,298,852	Series 4471-BC		3.00	%		12/15/2041		4,254,286
	4,512,772	Series 4500-GO		0.00	%^(k)		08/15/2045		3,599,035
	7,966,073	Series 4504-CA		3.00	%		04/15/2044		7,727,698
	25,762,301	Series 4543-HG		2.70	%		04/15/2044		24,805,041
	12,545,039	Series 4632-MH		4.00	%		11/15/2056		11,752,643
	4,843,482	Series 4744-JA		3.00	%		09/15/2047		4,478,067

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	4,361,909	Series 4744-KA		3.00	%		08/15/2046		4,255,594
	9,849,595	Series 4746-ZN		3.50	%		12/15/2047		9,122,175
	21,534,000	Series 4759-NL		3.00	%		02/15/2048		18,795,788
	7,175,018	Series 4776-YP		3.50	%		02/15/2048		6,514,871
	23,682,701	Series 4778-DZ		4.00	%		04/15/2048		22,532,255
	4,886,683	Series 4791-IO		3.00	%^(f)		05/15/2048		705,773
	24,928,349	Series 4791-JT		3.00	%		05/15/2048		22,277,615
	3,912,602	Series 4791-LI		3.00	%^(f)		05/15/2048		602,341
	3,912,602	Series 4791-LO		0.00	%^(k)		05/15/2048		2,960,652
	15,763,495	Series 4791-PO		0.00	%^(k)		05/15/2048		12,389,822
	10,547,139	Series 4792-A		3.00	%		05/15/2048		9,425,406
	7,041,119	Series 4793-C		3.00	%		06/15/2048		6,343,278
	6,489,084	Series 4795-AO		0.00	%^(k)		05/15/2048		4,917,037
	5,702,298	Series 4801-OG		0.00	%^(k)		06/15/2048		4,547,050
	21,877,965	Series 4857-J		3.40	%		01/15/2049		20,626,664
	8,920,905	Series 4901-BD		3.00	%		07/25/2049		8,392,471
	17,490,223	Series 4924-ST (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		08/25/2048		1,766,805
	9,976,413	Series 5004-LS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.73	%^(f)(h)		07/25/2050		1,393,788
	34,888,978	Series 5007-IP		3.00	%^(f)		07/25/2050		5,523,313
	15,372,854	Series 5010-KI		3.00	%^(f)		09/25/2050		2,329,095
	11,496,867	Series 5023-YI		3.00	%^(f)		10/25/2050		1,910,891
	53,464,225	Series 5040-GI		2.00	%^(f)		11/25/2050		6,277,972
	29,424,094	Series 5050-BN		3.00	%		11/25/2050		25,672,316
	28,744,659	Series 5053-AI		3.00	%^(f)		11/25/2050		5,356,708
	9,581,553	Series 5053-PI		3.00	%^(f)		11/25/2050		1,517,384
	20,216,057	Series 5059-HI		3.00	%^(f)		09/25/2050		3,144,559
	22,844,247	Series 5059-ID		3.00	%^(f)		01/25/2051		3,597,939
	10,950,172	Series 5060-LT		2.00	%		05/25/2050		8,926,199
	5,649,733	Series 5062-PA		1.25	%		01/25/2051		4,236,446
	13,933,690	Series 5071-FP (30 day avg SOFR US + 0.70%, 0.70% Floor, 4.00% Cap)		4.00	%		02/25/2051		11,196,693
	26,846,020	Series 5077-CI		3.50	%^(f)		02/25/2051		4,608,415
	11,461,794	Series 5081-MI		2.50	%^(f)		03/25/2051		1,621,332
	36,021,050	Series 5083-IH		2.50	%^(f)		03/25/2051		5,359,612
	10,613,181	Series 5086-IB		3.00	%^(f)		03/25/2051		1,626,064
	13,371,336	Series 5086-IK		3.00	%^(f)		03/25/2051		2,248,278
	6,954,072	Series 5112-SC (-1 x 30 day avg SOFR US + 2.50%, 0.00% Floor, 2.50% Cap)		0.00	%^(f)(h)		06/25/2051		18,642
	15,141,998	Series 5117-D		2.00	%		06/25/2051		13,430,045
	16,418,845	Series 5118-PI		3.00	%^(f)		03/25/2051		2,668,734
	96,735,509	Series 5129-GI		3.00	%^(f)		08/25/2050		16,596,757
	61,492,809	Series 5130-IO		3.50	%^(f)		08/25/2051		13,407,320
	30,005,186	Series 5140-AI		3.50	%^(f)		09/25/2051		5,698,537
	10,316,001	Series 5140-B		2.00	%		05/25/2040		9,152,746
	31,610,128	Series 5140-HI		2.00	%^(f)		08/25/2046		2,640,435
	23,482,899	Series 5142-IP		3.00	%^(f)		09/25/2051		3,952,463
	34,675,150	Series 5145-SB (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%^(f)(h)		09/25/2051		140,927
	14,913,491	Series 5149-CI		3.00	%^(f)		12/25/2043		1,928,204
	20,094,003	Series 5150-AB		2.00	%		04/25/2049		16,645,030
	38,291,350	Series 5157-EI		3.00	%^(f)		10/25/2051		4,617,925
	13,051,057	Series 5157-P		1.50	%		10/25/2051		10,527,701
	8,745,319	Series 5159-CD		1.50	%		07/25/2041		7,774,492
	15,946,384	Series 5159-DI		3.00	%^(f)		04/25/2048		2,362,564
	28,129,921	Series 5159-UI		3.50	%^(f)		08/25/2050		5,293,522
	40,671,132	Series 5160-S (-1 x 30 day avg SOFR US + 3.74%, 0.00% Floor, 3.74% Cap)		0.00	%^(f)(h)		08/25/2050		1,147,406
	19,492,289	Series 5160-ZY		3.00	%^(g)		10/25/2050		13,815,400
	27,217,649	Series 5171-GI		3.00	%^(f)		12/25/2051		4,539,346
	27,633,635	Series 5176-D		2.50	%		01/25/2051		23,540,635
	23,414,312	Series 5181-IL		3.00	%^(f)		01/25/2052		3,845,117

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	13,934,743	Series 5187-LA		2.50	%		10/25/2049		12,262,065
	19,153,577	Series 5196-PE		2.00	%		02/25/2052		16,885,553
	20,904,370	Series 5202-DB		3.00	%		05/25/2048		19,014,472
	17,367,612	Series 5202-HA		2.50	%		09/25/2048		15,518,871
	56,781,621	Series 5209-IO		3.00	%^(f)		10/25/2051		9,264,858
	23,722,522	Series 5236-YI		2.50	%^(f)		06/25/2049		2,467,363
	66,998,443	Series 5279-IO		3.00	%^(f)		03/25/2051		10,945,529
	17,223,481	Series 5319-PO		0.00	%^(k)		08/25/2050		11,913,821
	73,400,894	Series 5321-PO		0.00	%^(k)		08/25/2050		52,091,976
	13,028,301	Series 5326-KO		0.00	%^(k)		09/25/2050		9,194,633
	34,073,486	Series 5326-MO		0.00	%^(k)		09/25/2050		23,480,734
	15,858,497	Series 5326-OP		0.00	%^(k)		09/25/2050		11,198,108
	27,451,166	Series 5326-UO		0.00	%^(k)		10/25/2050		18,246,886
	24,218,789	Series 5334-PO		0.00	%^(k)		12/25/2050		17,756,887
	12,236,787	Series 5352-LO		0.00	%^(k)		10/15/2046		9,328,458
	18,574,893	Series 5365-PO		0.00	%^(k)		02/25/2037		15,173,109
	19,131,063	Series 5377-IO		2.50	%^(f)		12/25/2051		2,504,637
	26,472,910	Series 5385-ZA		2.00	%^(g)		01/25/2051		12,919,063
	18,962,382	Series 5400-FB (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap)		5.41	%		04/25/2054		18,949,494
	32,917,786	Series 5430-FD (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap)		5.41	%		07/25/2054		32,892,501
	25,611,697	Series 5439-FJ (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap)		5.41	%		08/25/2054		25,584,364
	43,577,234	Series 5452-DF (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.56	%		09/25/2054		43,537,679
	35,543,498	Series 5469-F (30 day avg SOFR US + 1.10%, 1.10% Floor, 6.50% Cap)		5.41	%		09/25/2054		35,291,224
	45,124,869	Series 5470-FH (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		11/25/2054		45,056,207
	35,884,332	Series 5471-FM (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.71	%		11/25/2054		36,045,897
	29,932,523	Series 5473-DF (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap)		5.46	%		11/25/2054		29,780,941
	40,455,607	Series 5473-FP (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap)		5.61	%		11/25/2054		40,490,455
	40,363,190	Series 5478-FB (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)		5.66	%		02/25/2054		40,471,440
	68,475,110	Series 5478-FE (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		5.76	%		02/25/2054		68,908,024
	24,750,040	Series 5479-FB (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.71	%		12/25/2054		24,861,465
	31,778,915	Series 5481-FC (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		12/25/2054		32,036,531
	21,072,418	Series 5515-FB (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.71	%		03/25/2055		21,171,690
	44,104,792	Series 5515-FM (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)		5.66	%		03/25/2055		44,159,129
	20,002,981	Series 5527-FC (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		09/25/2054		19,967,715
	28,610,434	Series 5527-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		09/25/2054		28,559,994
	22,451,703	Series 5536-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		05/25/2054		22,418,115
	28,122,362	Series 5543-FC (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		06/25/2055		28,383,472
	39,440,198	Series 5543-FG (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		06/25/2055		39,808,561
	41,730,791	Series 5543-FM (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		06/25/2055		42,120,406
		Federal National Mortgage Association
	51,035,672	Pool 310227		4.00	%		01/01/2044		48,964,864
	58,182,622	Pool 310233		3.50	%		03/01/2044		54,072,404
	15,766,702	Pool 387898		3.71	%		08/01/2030		15,300,175

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	2,290,933	Pool 555743		5.00	%		09/01/2033		2,316,615
	1,760,710	Pool 735382		5.00	%		04/01/2035		1,785,637
	2,990,848	Pool 735402		5.00	%		04/01/2035		3,033,191
	1,961,818	Pool 735484		5.00	%		05/01/2035		1,989,595
	815,227	Pool 735667		5.00	%		07/01/2035		825,599
	680,178	Pool 735893		5.00	%		10/01/2035		690,233
	1,683,468	Pool 745275		5.00	%		02/01/2036		1,709,049
	71,536	Pool 888695		5.00	%		08/01/2037		72,727
	421,724	Pool 888968		5.00	%		08/01/2035		427,695
	3,366,347	Pool 890549		4.00	%		11/01/2043		3,245,147
	4,382,322	Pool 890565		3.00	%		11/01/2043		3,966,227
	251,503	Pool 931104		5.00	%		05/01/2039		255,553
	51,643	Pool 975116		5.00	%		05/01/2038		52,461
	680,816	Pool 986864		6.50	%		08/01/2038		721,722
	441,472	Pool 987316		6.50	%		09/01/2038		466,911
	3,179,896	Pool 995203		5.00	%		07/01/2035		3,220,149
	5,352,312	Pool 995849		5.00	%		08/01/2036		5,428,036
	3,825,107	Pool AB2123		4.00	%		01/01/2031		3,802,846
	251,086	Pool AB3713		4.00	%		10/01/2031		248,352
	2,089,606	Pool AB3796		3.50	%		11/01/2031		2,051,057
	648,099	Pool AB3850		4.00	%		11/01/2041		610,229
	503,254	Pool AB3923		4.00	%		11/01/2041		473,834
	7,592,044	Pool AB4167		3.50	%		01/01/2032		7,448,283
	6,160,717	Pool AB4261		3.50	%		01/01/2032		6,043,070
	1,181,378	Pool AB5084		3.50	%		05/01/2032		1,158,627
	2,823,626	Pool AB5156		3.50	%		05/01/2032		2,767,492
	4,053,917	Pool AB5212		3.50	%		05/01/2032		3,975,816
	2,508,683	Pool AB5243		4.00	%		05/01/2042		2,362,041
	5,829,085	Pool AB5911		3.00	%		08/01/2032		5,653,219
	2,597,365	Pool AB6280		3.00	%		09/01/2042		2,345,915
	3,016,873	Pool AB6349		3.00	%		10/01/2032		2,920,286
	8,195,345	Pool AB6750		3.00	%		10/01/2032		7,928,318
	4,508,960	Pool AB6751		3.00	%		10/01/2032		4,358,927
	26,628,226	Pool AB6854		3.00	%		11/01/2042		24,088,530
	20,820,398	Pool AB7077		3.00	%		11/01/2042		18,847,622
	8,735,455	Pool AB7776		3.00	%		02/01/2043		7,889,758
	9,430,595	Pool AB7877		3.00	%		02/01/2043		8,517,580
	3,812,070	Pool AB8418		3.00	%		02/01/2033		3,682,236
	6,211,414	Pool AB8520		3.00	%		02/01/2033		5,994,778
	8,004,547	Pool AB8703		3.00	%		03/01/2038		7,410,535
	2,818,778	Pool AB8858		3.00	%		04/01/2033		2,723,648
	6,846,266	Pool AB9020		3.00	%		04/01/2038		6,338,199
	4,824,233	Pool AB9197		3.00	%		05/01/2033		4,648,138
	2,827,358	Pool AB9409		3.00	%		05/01/2033		2,726,474
	74,228	Pool AD2177		4.50	%		06/01/2030		74,193
	245,479	Pool AD6438		5.00	%		06/01/2040		248,666
	142,088	Pool AD7859		5.00	%		06/01/2040		143,932
	2,106,456	Pool AH0607		4.00	%		12/01/2040		2,036,516
	109,535	Pool AH1140		4.50	%		12/01/2040		106,049
	1,556,762	Pool AH4437		4.00	%		01/01/2041		1,469,653
	397,629	Pool AH7309		4.00	%		02/01/2031		394,717
	154,004	Pool AH9323		4.00	%		04/01/2026		153,184
	733,826	Pool AJ1265		4.00	%		09/01/2041		700,449
	50,684	Pool AJ1399		4.00	%		09/01/2041		47,721
	1,390,021	Pool AJ1467		4.00	%		10/01/2041		1,312,229
	1,422,393	Pool AJ3392		4.00	%		10/01/2041		1,339,265
	1,014,925	Pool AJ3854		4.00	%		10/01/2041		955,598
	4,470,613	Pool AJ4118		4.00	%		11/01/2041		4,220,443
	1,218,129	Pool AJ4131		4.00	%		10/01/2041		1,146,934
	1,674,410	Pool AJ7677		3.50	%		12/01/2041		1,535,651
	922,103	Pool AJ8334		4.00	%		12/01/2041		868,199
	5,794,212	Pool AK0713		3.50	%		01/01/2032		5,689,098

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,111,770	Pool AK4039		4.00	%		02/01/2042		1,046,776
	2,289,514	Pool AK4763		4.00	%		02/01/2042		2,161,392
	1,035,059	Pool AK9438		4.00	%		03/01/2042		974,567
	1,582,685	Pool AK9439		4.00	%		03/01/2042		1,490,197
	433,835	Pool AK9446		4.50	%		03/01/2042		425,650
	21,078,686	Pool AL3883		3.00	%		07/01/2043		18,985,987
	65,464	Pool AL4292		4.50	%		04/01/2026		65,244
	3,379,535	Pool AL4312		4.00	%		10/01/2043		3,254,705
	8,226,982	Pool AL6075		3.50	%		09/01/2053		7,334,193
	15,067,085	Pool AL6076		3.00	%		06/01/2053		13,092,868
	19,528,766	Pool AL6141		4.00	%		04/01/2042		18,851,983
	18,794,841	Pool AL6325		3.00	%		10/01/2044		16,971,263
	5,709,581	Pool AL6486		4.50	%		02/01/2045		5,590,460
	17,171,833	Pool AL6538		4.50	%		06/01/2044		17,110,417
	18,293,389	Pool AL8304		3.50	%		03/01/2046		16,989,072
	8,911,610	Pool AL9220		3.00	%		06/01/2045		8,052,673
	10,158,468	Pool AL9445		3.00	%		07/01/2031		9,923,407
	23,524,739	Pool AM8510		3.15	%		05/01/2035		21,082,076
	25,718,182	Pool AM8950		3.14	%		06/01/2040		23,215,821
	4,112,216	Pool AN5480		3.43	%		06/01/2037		3,838,489
	217,500,000	Pool AN6680		3.37	%		11/01/2047		173,507,143
	9,931,721	Pool AN7452		3.12	%		11/01/2032		9,182,824
	20,325,984	Pool AN8121		3.16	%		01/01/2035		18,278,504
	3,683,980	Pool AN9452		3.75	%		06/01/2030		3,525,226
	3,364,023	Pool AO2980		4.00	%		05/01/2042		3,167,419
	11,457,161	Pool AP4787		3.50	%		09/01/2042		10,507,518
	9,353,098	Pool AP4789		3.50	%		09/01/2042		8,577,773
	5,125,692	Pool AQ5541		3.00	%		12/01/2042		4,634,687
	5,113,803	Pool AR9856		3.00	%		04/01/2043		4,626,110
	4,779,804	Pool AS1927		4.50	%		03/01/2044		4,686,990
	5,924,216	Pool AS2038		4.50	%		03/01/2044		5,816,499
	3,174,546	Pool AS2517		4.50	%		05/01/2044		3,108,980
	1,459,467	Pool AS2551		4.50	%		06/01/2044		1,432,010
	1,685,337	Pool AS2765		4.50	%		07/01/2044		1,650,159
	7,218,923	Pool AS3201		3.00	%		08/01/2034		6,904,596
	3,342,822	Pool AS3456		3.00	%		10/01/2034		3,195,174
	6,667,785	Pool AS3666		3.00	%		10/01/2034		6,355,693
	24,762,710	Pool AS3961		3.00	%		12/01/2044		22,134,714
	10,152,366	Pool AS4154		3.00	%		12/01/2044		9,062,377
	5,558,710	Pool AS4212		3.00	%		01/01/2035		5,298,767
	8,173,193	Pool AS4281		3.00	%		01/01/2035		7,784,373
	7,249,284	Pool AS4345		3.50	%		01/01/2045		6,772,807
	8,278,180	Pool AS4360		3.00	%		01/01/2035		7,872,479
	8,696,045	Pool AS4779		3.00	%		04/01/2035		8,258,648
	7,116,002	Pool AS4780		3.00	%		04/01/2035		6,761,498
	8,997,497	Pool AS4840		3.00	%		04/01/2035		8,545,017
	6,078,292	Pool AS4881		3.00	%		05/01/2035		5,772,729
	12,064,999	Pool AS7473		3.00	%		07/01/2046		10,508,334
	23,846,922	Pool AS7661		3.00	%		08/01/2046		20,769,893
	16,086,603	Pool AS8056		3.00	%		10/01/2046		14,279,460
	22,280,101	Pool AS8111		3.00	%		10/01/2041		20,156,162
	13,942,310	Pool AS8269		3.00	%		11/01/2046		12,376,062
	12,346,834	Pool AS8306		3.00	%		11/01/2041		11,185,118
	14,569,932	Pool AS8356		3.00	%		11/01/2046		12,689,957
	11,624,041	Pool AX9696		3.00	%		07/01/2045		10,124,320
	13,781,009	Pool AY3974		3.00	%		03/01/2045		12,289,816
	5,551,778	Pool AY4295		3.00	%		02/01/2045		4,842,346
	395,335	Pool AY4296		3.00	%		01/01/2045		344,315
	2,591,826	Pool AY5471		3.00	%		03/01/2045		2,257,371
	4,511,649	Pool AZ0576		3.50	%		04/01/2042		4,165,661
	7,213,762	Pool BC0785		3.50	%		04/01/2046		6,666,597
	13,482,293	Pool BC9003		3.00	%		11/01/2046		11,973,302

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	7,176,035	Pool BC9081		3.00	%		12/01/2046		6,372,878
	64,928,625	Pool BF0314		3.00	%		01/01/2053		56,853,346
	56,500,146	Pool BF0353		3.00	%		05/01/2053		49,472,289
	28,288,532	Pool BF0391		3.00	%		09/01/2053		24,770,031
	19,547,405	Pool BK8257		1.50	%		12/01/2050		14,363,960
	15,748,072	Pool BK8267		2.50	%		12/01/2050		13,294,446
	9,000,000	Pool BL0357		3.89	%		10/01/2038		8,076,144
	43,451,856	Pool BL0870		4.28	%		12/01/2048		38,191,468
	4,912,129	Pool BL2303		3.36	%		05/01/2031		4,682,261
	8,860,000	Pool BL4038		2.98	%		09/01/2034		7,847,470
	8,190,000	Pool BL5840		2.73	%		02/01/2035		6,876,621
	6,230,729	Pool BL6639		2.66	%		05/01/2050		4,825,210
	16,167,425	Pool BL6689		2.19	%		05/01/2032		14,167,944
	36,488,000	Pool BL7110		1.76	%		07/01/2035		28,980,279
	3,568,101	Pool BL7331		2.23	%		07/01/2040		2,548,700
	20,400,000	Pool BL7424		1.65	%		08/01/2035		15,776,621
	40,000,000	Pool BL8165		1.35	%		09/01/2032		33,014,247
	31,501,875	Pool BL8269		1.51	%		09/01/2035		24,477,141
	17,000,000	Pool BL8977		1.20	%		11/01/2030		14,533,871
	10,463,693	Pool BL9284		2.23	%		12/01/2050		7,452,614
	53,000,000	Pool BL9576		2.24	%		12/01/2050		35,884,889
	15,743,622	Pool BM5299		3.00	%		12/01/2046		13,982,484
	24,502,647	Pool BM5633		3.00	%		07/01/2047		21,741,243
	3,652,438	Pool BM5834		3.00	%		04/01/2048		3,181,350
	43,330,320	Pool BM6779		2.00	%		08/01/2051		33,618,889
	156,150,369	Pool BM6831		1.92	%^(b)		10/01/2033		129,119,144
	76,751,113	Pool BM6857		1.83	%^(b)		12/01/2031		66,331,869
	19,595,599	Pool BM7154 (30 day avg SOFR US + 2.29%, 2.29% Floor, 9.72% Cap)		4.72	%		03/01/2053		19,541,496
	24,749,860	Pool BM7164 (30 day avg SOFR US + 2.27%, 2.27% Floor, 9.54% Cap)		4.54	%		03/01/2053		24,532,985
	7,879,679	Pool BQ6432		2.00	%		08/01/2051		6,113,701
	15,024,347	Pool BQ6564		2.00	%		09/01/2051		11,656,990
	27,552,592	Pool BR2290 (30 day avg SOFR US + 2.12%, 2.12% Floor, 7.01% Cap)		2.02	%		08/01/2051		25,007,313
	5,592,000	Pool BS2500		1.81	%		06/01/2030		4,989,586
	3,000,000	Pool BS2580		2.15	%		08/01/2033		2,522,605
	9,975,000	Pool BS2834		2.24	%		08/01/2041		6,922,341
	34,043,000	Pool BS3101		1.91	%		09/01/2033		28,296,063
	2,595,000	Pool BS3163		1.75	%		08/01/2030		2,303,187
	19,880,000	Pool BS3192		2.03	%		09/01/2036		15,179,928
	16,125,000	Pool BS3314		1.83	%		10/01/2033		13,358,733
	25,042,000	Pool BS3426		1.76	%		11/01/2031		21,324,519
	12,048,000	Pool BS3431		1.83	%		11/01/2033		9,911,624
	6,536,000	Pool BS3434		1.83	%		11/01/2033		5,377,023
	32,694,000	Pool BS3442		2.12	%		10/01/2036		25,287,839
	7,339,000	Pool BS3955		2.30	%		12/01/2036		5,786,468
	48,972,000	Pool BS4111		1.98	%		01/01/2032		42,580,664
	46,000,000	Pool BS4125		2.32	%		12/01/2031		40,934,365
	20,461,656	Pool BS4177		1.94	%		12/01/2031		17,904,257
	12,500,000	Pool BS4213		2.46	%		12/01/2036		10,195,957
	18,199,000	Pool BS4225		2.36	%		01/01/2037		14,528,354
	19,825,296	Pool BS4273		1.93	%		12/01/2031		17,304,516
	33,675,000	Pool BS4276		2.03	%		01/01/2032		29,492,485
	51,025,000	Pool BS4306		1.92	%		01/01/2032		43,704,874
	26,822,938	Pool BS4319		2.35	%		01/01/2039		20,865,668
	30,761,000	Pool BS4333		1.89	%		01/01/2032		26,492,854
	12,000,000	Pool BS4334		2.01	%		01/01/2034		9,841,176
	17,699,306	Pool BS4359		1.99	%		01/01/2032		15,542,019
	53,950,000	Pool BS4453		1.96	%		01/01/2032		46,668,422
	51,688,000	Pool BS4524		2.02	%		01/01/2032		44,628,595
	41,850,000	Pool BS4736		2.00	%		02/01/2032		35,945,373

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	24,500,000	Pool BS4737		2.00	%		02/01/2032		21,043,289
	20,155,000	Pool BS4951		2.63	%		04/01/2032		17,964,322
	10,932,605	Pool BS5636		3.72	%		06/01/2032		10,481,195
	6,678,790	Pool BS5685		4.20	%		05/01/2052		5,904,467
	8,665,000	Pool BS6102		4.10	%		08/01/2032		8,462,308
	4,200,000	Pool BS6131		3.89	%		07/01/2032		4,035,377
	3,600,000	Pool BS6419		3.89	%		09/01/2032		3,475,706
	24,762,678	Pool BS6649		3.89	%		10/01/2032		23,828,259
	159,468,000	Pool BS6912		4.33	%		12/01/2032		157,157,046
	4,131,000	Pool BS7305		5.22	%		01/01/2032		4,292,472
	7,863,000	Pool BS7410		5.48	%		01/01/2033		8,164,138
	3,255,920	Pool BS7503		4.87	%		04/01/2031		3,323,521
	10,467,000	Pool BS8014		4.84	%		03/01/2033		10,655,108
	8,333,000	Pool BS8657		5.10	%		06/01/2030		8,550,651
	5,533,044	Pool BS8987		5.15	%		07/01/2040		5,529,521
	18,259,414	Pool BS9321		5.27	%		08/01/2040		18,433,341
	1,521,462	Pool BT6556		2.00	%		07/01/2051		1,180,449
	9,755,395	Pool BV8021		4.50	%		08/01/2052		9,359,005
	16,379,728	Pool BV8479		3.00	%		04/01/2052		14,320,681
	32,435,355	Pool BV9869		3.00	%		05/01/2052		28,101,870
	10,550,000	Pool BZ0079		5.21	%		01/01/2034		10,988,821
	27,755,000	Pool BZ0115		5.27	%		12/01/2033		28,945,476
	14,016,000	Pool BZ0452		5.36	%		02/01/2054		13,870,569
	138,103,000	Pool BZ1178		5.81	%		06/01/2031		143,318,377
	49,221,000	Pool BZ2148		4.40	%		10/01/2029		49,281,865
	21,450,000	Pool BZ2151		4.40	%		10/01/2029		21,476,524
	16,000,000	Pool BZ3061		5.26	%		02/01/2030		16,304,136
	6,727,328	Pool CA0862		3.50	%		09/01/2047		6,188,498
	3,817,619	Pool CA3898		3.00	%		07/01/2034		3,701,434
	3,713,612	Pool CA4413		3.00	%		10/01/2049		3,206,910
	32,798,875	Pool CA7235		2.50	%		10/01/2050		27,674,099
	10,701,765	Pool CA7671		2.50	%		11/01/2040		9,740,610
	18,489,102	Pool CA7789		2.50	%		11/01/2040		16,738,397
	14,234,795	Pool CB0189		3.00	%		04/01/2051		12,439,127
	13,361,722	Pool CB1055 (30 day avg SOFR US + 2.22%, 2.22% Floor, 6.86% Cap)		1.86	%		07/01/2051		12,090,929
	2,840,832	Pool CB1648		2.00	%		09/01/2051		2,204,160
	62,855,422	Pool CB3116		3.00	%		03/01/2052		55,061,660
	57,279,128	Pool CB3166		3.00	%		03/01/2052		50,066,418
	12,089,111	Pool CB3332		3.50	%		04/01/2052		10,998,590
	82,835,175	Pool CB4291		5.00	%		08/01/2052		81,686,311
	41,604,000	Pool CB4347		5.00	%		08/01/2052		41,422,582
	48,091,652	Pool CB4391		4.50	%		08/01/2052		46,150,972
	60,024,210	Pool CB5221		5.00	%		12/01/2052		59,185,576
	17,278,922	Pool CB6266		6.00	%		05/01/2053		17,700,798
	35,507,955	Pool CB7272		6.00	%		10/01/2053		36,435,978
	22,092,526	Pool CB7335		5.50	%		10/01/2053		22,332,558
	16,578,606	Pool CB7433		5.50	%		11/01/2053		16,786,734
	27,735,976	Pool CB7781		5.50	%		01/01/2054		27,837,374
	42,586,381	Pool CB7996		6.00	%		02/01/2054		43,786,830
	38,991,273	Pool CB8138		5.50	%		03/01/2054		39,394,650
	37,975,664	Pool CB8680		5.50	%		06/01/2054		38,349,755
	49,739,962	Pool CB8692		5.50	%		06/01/2054		50,374,060
	69,529,975	Pool CB8845		5.50	%		07/01/2054		70,416,364
	66,092,376	Pool CB8851		6.00	%		07/01/2054		67,935,992
	53,090,077	Pool CB8986		5.50	%		08/01/2054		53,736,527
	50,666,778	Pool CB9138		5.50	%		09/01/2054		51,265,187
	26,260,683	Pool CB9139		5.50	%		09/01/2054		26,503,792
	97,790,238	Pool CB9147		5.50	%		09/01/2054		98,980,989
	48,090,457	Pool CB9321		5.50	%		10/01/2054		48,676,036
	22,099,758	Pool FA0475		5.50	%		12/01/2054		22,239,013
	40,367,310	Pool FM1000		3.00	%		04/01/2047		35,834,902

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	21,357,603	Pool FM4347		2.50	%		09/01/2050		18,004,179
	38,308,601	Pool FM4752		2.50	%		11/01/2050		32,365,506
	42,035,712	Pool FM4792		2.50	%		11/01/2050		35,482,950
	23,293,476	Pool FM4913		2.50	%		11/01/2050		19,657,478
	30,244,242	Pool FM5150		2.00	%		12/01/2050		24,295,805
	4,402,849	Pool FM6864		1.50	%		04/01/2041		3,656,555
	55,673,784	Pool FM7557		3.50	%		03/01/2050		50,963,506
	24,861,147	Pool FM8158		2.50	%		07/01/2051		21,151,109
	56,524,788	Pool FM8215		2.50	%		03/01/2051		47,682,315
	41,007,874	Pool FM8304		4.00	%		07/01/2049		38,796,307
	54,656,249	Pool FM8435		2.50	%		09/01/2051		46,100,525
	98,287,599	Pool FM8533		2.50	%		03/01/2051		83,003,343
	61,551,387	Pool FM8769		2.50	%		09/01/2051		51,894,637
	32,771,658	Pool FM8780		2.50	%		09/01/2051		27,542,842
	9,355,610	Pool FM9422		2.00	%		01/01/2051		7,471,455
	26,491,289	Pool FM9490		2.00	%		11/01/2051		21,374,082
	34,168,648	Pool FP0043		2.00	%		10/01/2050		27,265,807
	29,306,775	Pool FP0088		2.00	%		10/01/2051		23,332,723
	10,528,263	Pool FP0107		3.50	%		06/01/2047		9,885,755
	30,660,162	Pool FS0009		3.50	%		11/01/2051		27,738,261
	12,243,258	Pool FS0400		3.00	%		01/01/2052		10,789,253
	46,994,928	Pool FS1472		3.50	%		11/01/2050		42,802,095
	77,597,429	Pool FS2320		2.50	%		04/01/2051		64,713,985
	15,282,555	Pool FS2588		4.50	%		08/01/2052		14,665,832
	14,234,081	Pool FS2837		4.00	%		09/01/2052		13,281,646
	13,824,965	Pool FS5618		5.50	%		08/01/2053		14,059,558
	45,246,929	Pool FS5987		2.50	%		04/01/2051		38,220,020
	33,386,491	Pool FS6232		2.00	%		03/01/2052		26,880,121
	15,844,543	Pool FS6422		6.00	%		11/01/2053		16,422,240
	60,187,531	Pool FS6582		6.00	%		12/01/2053		61,864,415
	21,841,714	Pool FS6843		6.00	%		01/01/2054		22,459,491
	45,630,192	Pool FS7114		5.50	%		02/01/2054		46,211,724
	20,526,706	Pool FS7423		5.50	%		03/01/2054		20,713,883
	30,718,522	Pool FS8152		6.00	%		06/01/2054		31,478,810
	26,296,350	Pool FS8643		6.00	%		07/01/2054		27,045,416
	26,582,977	Pool FS8999		6.00	%		08/01/2054		27,391,803
	14,148,241	Pool FS9026		5.50	%		09/01/2053		14,313,781
	20,168,839	Pool FS9671		5.50	%		11/01/2054		20,414,426
	397,928	Pool MA0264		4.50	%		12/01/2029		399,548
	1,444,334	Pool MA0353		4.50	%		03/01/2030		1,450,724
	291,791	Pool MA0406		4.50	%		05/01/2030		293,217
	33,004	Pool MA0445		5.00	%		06/01/2040		32,236
	64,816	Pool MA0468		5.00	%		07/01/2040		63,306
	467,643	Pool MA0534		4.00	%		10/01/2030		464,762
	109,161	Pool MA0587		4.00	%		12/01/2030		108,451
	2,818,679	Pool MA0616		4.00	%		01/01/2031		2,799,981
	946,318	Pool MA0896		4.00	%		11/01/2041		891,012
	9,923,442	Pool MA0949		3.50	%		01/01/2032		9,737,093
	5,920,378	Pool MA1010		3.50	%		03/01/2032		5,808,246
	1,490,584	Pool MA1039		3.50	%		04/01/2042		1,367,072
	7,980,941	Pool MA1059		3.50	%		05/01/2032		7,827,199
	982,452	Pool MA1068		3.50	%		05/01/2042		901,032
	2,724,737	Pool MA1093		3.50	%		06/01/2042		2,498,894
	1,795,855	Pool MA1094		4.00	%		06/01/2042		1,690,889
	11,055,757	Pool MA1107		3.50	%		07/01/2032		10,838,526
	24,285,329	Pool MA1117		3.50	%		07/01/2042		22,272,234
	24,537,525	Pool MA1136		3.50	%		08/01/2042		22,503,730
	7,680,800	Pool MA1138		3.50	%		08/01/2032		7,558,030
	7,339,935	Pool MA1179		3.50	%		09/01/2042		6,731,539
	1,514,957	Pool MA1201		3.50	%		10/01/2032		1,485,244
	12,341,087	Pool MA1209		3.50	%		10/01/2042		11,318,086
	10,137,582	Pool MA1237		3.00	%		11/01/2032		9,770,771

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,152,967	Pool MA1242		3.50	%		11/01/2042		1,057,392
	5,754,608	Pool MA1338		3.00	%		02/01/2033		5,537,981
	3,152,842	Pool MA1490		3.00	%		07/01/2033		3,039,219
	4,263,033	Pool MA2114		3.50	%		12/01/2044		3,898,807
	3,077,875	Pool MA2151		3.50	%		01/01/2045		2,814,903
	9,846,822	Pool MA2164		3.50	%		02/01/2035		9,574,493
	9,058,292	Pool MA2166		3.50	%		02/01/2045		8,284,279
	9,067,173	Pool MA2248		3.00	%		04/01/2045		7,908,576
	11,776,627	Pool MA2621		3.50	%		05/01/2046		10,727,441
	14,106,919	Pool MA2649		3.00	%		06/01/2046		12,286,620
	12,856,299	Pool MA2650		3.50	%		06/01/2046		11,711,042
	4,313,413	Pool MA2673		3.00	%		07/01/2046		3,756,828
	15,665,640	Pool MA2711		3.00	%		08/01/2046		13,644,278
	1,515,355	Pool MA2743		3.00	%		09/01/2046		1,319,812
	35,001,765	Pool MA2806		3.00	%		11/01/2046		31,084,201
	11,262,966	Pool MA2833		3.00	%		12/01/2046		9,997,701
	14,319,516	Pool MA2895		3.00	%		02/01/2047		12,698,942
	6,255,384	Pool MA3357		4.00	%		05/01/2048		5,924,295
	8,234,863	Pool MA3614		3.50	%		03/01/2049		7,514,515
	1,406,417	Pool MA3894		4.00	%		09/01/2031		1,396,780
	32,139,897	Pool MA4100		2.00	%		08/01/2050		25,477,763
	70,200,068	Pool MA4191		2.00	%		11/01/2050		54,380,261
	83,453,256	Pool MA4306		2.50	%		04/01/2051		69,731,580
	18,857,305	Pool MA5480		5.50	%		09/01/2044		19,201,004
	53,509,112	Pool MA5503		5.50	%		10/01/2044		54,456,891
	191,751	Series 2002-70-QZ		5.50	%		11/25/2032		197,552
	283,144	Series 2002-75-ZG		5.50	%		11/25/2032		290,852
	728,000	Series 2003-29-ZL		5.00	%		04/25/2033		739,744
	340,319	Series 2003-64-ZG		5.50	%		07/25/2033		351,422
	2,959,349	Series 2003-84-PZ		5.00	%		09/25/2033		3,014,795
	145,792	Series 2004-46-PJ (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		03/25/2034		823
	867,262	Series 2004-51-XP (-1 x 30 day avg SOFR US + 7.59%, 0.00% Floor, 7.70% Cap)		3.28	%^(f)(h)		07/25/2034		96,251
	780	Series 2005-107-EG		4.50	%		01/25/2026		777
	160,484	Series 2005-37-ZK		4.50	%		05/25/2035		157,844
	1,433,003	Series 2005-87-SG (-1 x 30 day avg SOFR US + 6.59%, 0.00% Floor, 6.70% Cap)		2.28	%^(f)(h)		10/25/2035		127,044
	1,350,459	Series 2006-101-SA (-1 x 30 day avg SOFR US + 6.47%, 0.00% Floor, 6.58% Cap)		2.16	%^(f)(h)		10/25/2036		156,664
	549,241	Series 2006-123-LI (-1 x 30 day avg SOFR US + 6.21%, 0.00% Floor, 6.32% Cap)		1.90	%^(f)(h)		01/25/2037		62,694
	226,960	Series 2006-16-HZ		5.50	%		03/25/2036		236,968
	1,965,970	Series 2006-56-SM (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.33	%^(f)(h)		07/25/2036		174,677
	224,057	Series 2006-93-SN (-1 x 30 day avg SOFR US + 6.49%, 0.00% Floor, 6.60% Cap)		2.18	%^(f)(h)		10/25/2036		16,356
	2,757,898	Series 2007-109-VZ		5.00	%		10/25/2035		2,810,023
	342,829	Series 2007-116-BI (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.83	%^(f)(h)		05/25/2037		27,283
	2,188,441	Series 2007-14-PS (-1 x 30 day avg SOFR US + 6.70%, 0.00% Floor, 6.81% Cap)		2.39	%^(f)(h)		03/25/2037		259,778
	1,052,523	Series 2007-30-OI (-1 x 30 day avg SOFR US + 6.33%, 0.00% Floor, 6.44% Cap)		2.02	%^(f)(h)		04/25/2037		122,729
	110,505	Series 2007-30-SI (-1 x 30 day avg SOFR US + 6.00%, 0.00% Floor, 6.11% Cap)		1.69	%^(f)(h)		04/25/2037		8,456
	902,632	Series 2007-32-SG (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap)		1.68	%^(f)(h)		04/25/2037		77,664
	860,491	Series 2007-57-SX (-1 x 30 day avg SOFR US + 6.51%, 0.00% Floor, 6.62% Cap)		2.20	%^(f)(h)		10/25/2036		90,330
	1,546,870	Series 2007-60-VZ		6.00	%		07/25/2037		1,638,768
	673,468	Series 2007-71-GZ		6.00	%		07/25/2047		713,803

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,111,557	Series 2007-75-ID (-1 x 30 day avg SOFR US + 5.76%, 0.00% Floor, 5.87% Cap)		1.45	%^(f)(h)		08/25/2037		118,881
	165,302	Series 2007-9-SD (-1 x 30 day avg SOFR US + 6.54%, 0.00% Floor, 6.65% Cap)		2.23	%^(f)(h)		03/25/2037		10,596
	1,118,271	Series 2008-29-ZA		4.50	%		04/25/2038		1,115,874
	2,235,018	Series 2008-48-BE		5.00	%		06/25/2034		2,278,026
	223,868	Series 2008-48-SD (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		06/25/2037		17,734
	293,443	Series 2008-5-MS (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.83	%^(f)(h)		02/25/2038		20,886
	97,008	Series 2008-53-LI (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.73	%^(f)(h)		07/25/2038		7,589
	224,747	Series 2008-57-SE (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		02/25/2037		17,087
	267,990	Series 2008-61-SC (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		07/25/2038		18,604
	179,609	Series 2008-62-SC (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		07/25/2038		11,357
	619,856	Series 2008-65-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		08/25/2038		58,078
	143,045	Series 2008-81-LP		5.50	%		09/25/2038		146,087
	1,378,343	Series 2009-106-EZ		4.50	%		01/25/2040		1,372,394
	216,096	Series 2009-111-SE (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.83	%^(f)(h)		01/25/2040		22,883
	98,050	Series 2009-16-MZ		5.00	%		03/25/2029		97,583
	512,765	Series 2009-42-SI (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		06/25/2039		40,291
	500,193	Series 2009-42-SX (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		06/25/2039		42,626
	209,228	Series 2009-47-SA (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap)		1.68	%^(f)(h)		07/25/2039		11,512
	155,391	Series 2009-48-WS (-1 x 30 day avg SOFR US + 5.84%, 0.00% Floor, 5.95% Cap)		1.53	%^(f)(h)		07/25/2039		13,570
	1,559,827	Series 2009-49-S (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.33	%^(f)(h)		07/25/2039		153,968
	196,887	Series 2009-51-BZ		4.50	%		07/25/2039		196,132
	311,432	Series 2009-54-EZ		5.00	%		07/25/2039		316,325
	200,090	Series 2009-70-SA (-1 x 30 day avg SOFR US + 5.69%, 0.00% Floor, 5.80% Cap)		1.38	%^(f)(h)		09/25/2039		18,999
	1,087,632	Series 2009-80-PM		4.50	%		10/25/2039		1,082,584
	1,009,903	Series 2009-83-Z		4.50	%		10/25/2039		1,005,342
	3,584,415	Series 2009-85-ES (-1 x 30 day avg SOFR US + 7.12%, 0.00% Floor, 7.23% Cap)		2.81	%^(f)(h)		01/25/2036		344,634
	6,330,322	Series 2009-85-JS (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.33	%^(f)(h)		10/25/2039		703,918
	369,623	Series 2009-90-IB (-1 x 30 day avg SOFR US + 5.61%, 0.00% Floor, 5.72% Cap)		1.30	%^(f)(h)		04/25/2037		23,192
	150,792	Series 2009-94-BC		5.00	%		11/25/2039		154,679
	1,551,791	Series 2010-10-SA (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap)		1.93	%^(f)(h)		02/25/2040		162,270
	544,567	Series 2010-10-ZA		4.50	%		02/25/2040		541,899
	4,561,892	Series 2010-101-SA (-1 x 30 day avg SOFR US + 4.37%, 0.00% Floor, 4.48% Cap)		0.06	%^(f)(h)		09/25/2040		175,223
	2,531,650	Series 2010-101-ZC		4.50	%		09/25/2040		2,516,670
	680,833	Series 2010-111-S (-1 x 30 day avg SOFR US + 5.84%, 0.00% Floor, 5.95% Cap)		1.53	%^(f)(h)		10/25/2050		62,276
	862,514	Series 2010-116-Z		4.00	%		10/25/2040		832,751
	194,085	Series 2010-117-SA (-1 x 30 day avg SOFR US + 4.39%, 0.00% Floor, 4.50% Cap)		0.08	%^(f)(h)		10/25/2040		8,266
	635,850	Series 2010-120-KD		4.00	%		10/25/2040		613,888
	5,274,894	Series 2010-121-SD (-1 x 30 day avg SOFR US + 4.39%, 0.00% Floor, 4.50% Cap)		0.08	%^(f)(h)		10/25/2040		198,675
	242,685	Series 2010-126-SU (-11 x 30 day avg SOFR US + 53.74%, 0.00% Floor, 55.00% Cap)		6.30	%^(h)		11/25/2040		312,972

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	178,693	Series 2010-126-SX (-3 x 30 day avg SOFR US + 14.66%, 0.00% Floor, 15.00% Cap)		1.72	%^(h)		11/25/2040		160,490
	942,237	Series 2010-128-HZ		4.00	%		11/25/2040		909,127
	523,107	Series 2010-132-Z		4.50	%		11/25/2040		519,401
	77,729	Series 2010-137-VS (-3 x 30 day avg SOFR US + 14.66%, 0.00% Floor, 15.00% Cap)		1.72	%^(h)		12/25/2040		76,641
	3,852,561	Series 2010-142-AZ		4.00	%		12/25/2040		3,723,603
	9,888	Series 2010-148-SA (-1 x 30 day avg SOFR US + 6.54%, 0.00% Floor, 6.65% Cap)		2.23	%^(f)(h)		01/25/2026		24
	2,613,775	Series 2010-16-SA (-1 x 30 day avg SOFR US + 5.34%, 0.00% Floor, 5.45% Cap)		1.03	%^(f)(h)		03/25/2040		244,117
	703,729	Series 2010-2-MS (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.83	%^(f)(h)		02/25/2050		84,970
	993,060	Series 2010-21-DZ		5.00	%		03/25/2040		1,018,035
	477,189	Series 2010-21-KS (-1 x 30 day avg SOFR US + 4.84%, 0.00% Floor, 4.95% Cap)		0.53	%^(f)(h)		03/25/2040		22,419
	486,390	Series 2010-31-SA (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap)		0.58	%^(f)(h)		04/25/2040		25,982
	535,089	Series 2010-34-PS (-1 x 30 day avg SOFR US + 4.82%, 0.00% Floor, 4.93% Cap)		0.51	%^(f)(h)		04/25/2040		24,707
	147,407	Series 2010-35-ES (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		2.03	%^(f)(h)		04/25/2040		5,250
	64,613	Series 2010-35-SV (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		2.03	%^(f)(h)		04/25/2040		1,153
	592,651	Series 2010-4-SK (-1 x 30 day avg SOFR US + 6.12%, 0.00% Floor, 6.23% Cap)		1.81	%^(f)(h)		02/25/2040		48,154
	494,917	Series 2010-46-MS (-1 x 30 day avg SOFR US + 4.84%, 0.00% Floor, 4.95% Cap)		0.53	%^(f)(h)		05/25/2040		24,964
	2,820,626	Series 2010-49-ZW		4.50	%		05/25/2040		2,808,590
	272,784	Series 2010-58-ES (-3 x 30 day avg SOFR US + 12.18%, 0.00% Floor, 12.47% Cap)		1.11	%^(h)		06/25/2040		263,957
	1,831,109	Series 2010-59-MS (-1 x 30 day avg SOFR US + 5.66%, 0.00% Floor, 5.77% Cap)		1.35	%^(f)(h)		06/25/2040		163,185
	2,194,705	Series 2010-59-SC (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap)		0.58	%^(f)(h)		01/25/2040		97,589
	135,630	Series 2010-60-VZ		5.00	%		10/25/2039		136,613
	158,810	Series 2010-61-EL		4.50	%		06/25/2040		158,068
	2,139,289	Series 2010-64-EZ		5.00	%		06/25/2040		2,192,142
	1,435,228	Series 2010-79-CZ		4.00	%		07/25/2040		1,389,085
	790,844	Series 2010-84-ZC		4.50	%		08/25/2040		786,846
	1,581,685	Series 2010-84-ZD		4.50	%		08/25/2040		1,573,688
	2,101,213	Series 2010-84-ZG		4.50	%		08/25/2040		2,089,731
	339,270	Series 2010-9-DS (-1 x 30 day avg SOFR US + 5.19%, 0.50% Floor, 5.30% Cap)		0.88	%^(f)(h)		02/25/2040		19,267
	145,968	Series 2010-90-SA (-1 x 30 day avg SOFR US + 5.74%, 0.00% Floor, 5.85% Cap)		1.43	%^(f)(h)		08/25/2040		11,020
	620,658	Series 2010-94-Z		4.50	%		08/25/2040		615,345
	2,803,697	Series 2010-99-SG (-5 x 30 day avg SOFR US + 24.43%, 0.00% Floor, 25.00% Cap)		2.86	%^(h)		09/25/2040		3,094,229
	520,021	Series 2011-110-LS (-2 x 30 day avg SOFR US + 9.87%, 0.00% Floor, 10.10% Cap)		1.25	%^(h)		11/25/2041		420,522
	1,402,431	Series 2011-111-CZ		4.00	%		11/25/2041		1,351,818
	3,066,834	Series 2011-111-EZ		5.00	%		11/25/2041		3,133,110
	800,253	Series 2011-111-VZ		4.00	%		11/25/2041		770,869
	162,400	Series 2011-17-SA (-1 x 30 day avg SOFR US + 6.36%, 0.00% Floor, 6.47% Cap)		2.05	%^(f)(h)		03/25/2041		12,339
	2,656,884	Series 2011-2-GZ		4.00	%		02/25/2041		2,580,028
	197,197	Series 2011-25-KY		3.00	%		04/25/2026		195,803
	1,098,143	Series 2011-27-BS (-2 x 30 day avg SOFR US + 8.77%, 0.00% Floor, 9.00% Cap)		0.15	%^(h)		04/25/2041		951,712
	1,106,757	Series 2011-36-VZ		4.50	%		05/25/2041		1,099,716
	2,574,778	Series 2011-37-Z		4.50	%		05/25/2041		2,563,353
	3,860,444	Series 2011-38-BZ		4.00	%		05/25/2041		3,812,143
	197,986	Series 2011-39-CB		3.00	%		05/25/2026		196,493

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	3,183,836	Series 2011-39-ZD		4.00	%		02/25/2041		3,078,498
	1,032,143	Series 2011-40-LZ		4.50	%		05/25/2041		1,025,449
	1,222,023	Series 2011-42-MZ		4.50	%		05/25/2041		1,206,512
	2,555,486	Series 2011-45-ZB		4.50	%		05/25/2041		2,539,232
	7,668,394	Series 2011-51-FJ (30 day avg SOFR US + 0.56%, 0.45% Floor, 7.00% Cap)		4.87	%		06/25/2041		7,591,101
	535,466	Series 2011-59-MA		4.50	%		07/25/2041		535,310
	307,319	Series 2011-60-EL		3.00	%		07/25/2026		305,155
	4,794,592	Series 2011-64-DB		4.00	%		07/25/2041		4,703,814
	2,973,275	Series 2011-77-Z		3.50	%		08/25/2041		2,815,856
	1,605,857	Series 2012-111-LB		3.50	%		05/25/2041		1,546,863
	13,423,583	Series 2012-111-MJ		4.00	%		04/25/2042		12,819,947
	12,928,794	Series 2012-122-DB		3.00	%		11/25/2042		11,889,580
	3,195,762	Series 2012-14-BZ		4.00	%		03/25/2042		3,099,348
	7,710,970	Series 2012-20-ZT		3.50	%		03/25/2042		7,321,337
	6,324,392	Series 2012-70-FY (30 day avg SOFR US + 0.56%, 0.45% Floor, 7.00% Cap)		4.87	%		07/25/2042		6,249,857
	46,094	Series 2012-80-EA		2.00	%		04/25/2042		45,586
	15,459,655	Series 2012-86-ZC		3.50	%		08/25/2042		14,598,005
	11,176,427	Series 2012-99-QE		3.00	%		09/25/2042		10,241,730
	17,974,306	Series 2013-130-ZE		3.00	%		01/25/2044		16,158,853
	23,947,075	Series 2013-133-ZT		3.00	%		01/25/2039		22,663,878
	994,109	Series 2013-58-SC (-2 x 30 day avg SOFR US + 5.83%, 0.00% Floor, 6.00% Cap)		0.00	%^(h)		06/25/2043		548,762
	1,873,674	Series 2013-81-ZQ		3.00	%^(g)		08/25/2043		1,295,242
	4,950,820	Series 2013-82-SH (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.63	%^(f)(h)		12/25/2042		380,061
	115,098	Series 2014-46-NZ		3.00	%^(g)		06/25/2043		80,705
	39,341,740	Series 2014-64-NZ		3.00	%		10/25/2044		35,440,476
	14,285,814	Series 2014-67-DZ		3.00	%		10/25/2044		13,054,099
	26,475,063	Series 2014-77-VZ		3.00	%^(g)		11/25/2044		24,117,204
	34,000,931	Series 2014-84-KZ		3.00	%^(g)		12/25/2044		30,874,121
	2,983,009	Series 2015-11-A		3.00	%		05/25/2034		2,928,810
	16,215,387	Series 2015-49-A		3.00	%		03/25/2044		15,560,444
	10,086,738	Series 2015-52-GZ		3.00	%		07/25/2045		9,144,494
	30,932,597	Series 2015-88-BA		3.00	%		04/25/2044		29,826,658
	2,444,848	Series 2015-94-MA		3.00	%		01/25/2046		2,192,650
	6,239,109	Series 2016-2-JA		2.50	%		02/25/2046		6,032,672
	749,102	Series 2016-79-EP		3.00	%		01/25/2044		740,804
	7,159,881	Series 2016-95-AG		2.50	%		06/25/2037		6,762,716
	11,248,581	Series 2017-57-BC		3.00	%		08/25/2057		9,869,605
	8,370,405	Series 2018-21-IO		3.00	%^(f)		04/25/2048		1,385,747
	13,825,097	Series 2018-21-PO		0.00	%^(k)		04/25/2048		9,976,432
	35,651,284	Series 2018-27-AO		0.00	%^(k)		05/25/2048		27,167,754
	8,110,831	Series 2018-65-DA		3.00	%		09/25/2048		7,209,276
	24,747,419	Series 2018-7-CD		3.00	%		02/25/2048		22,430,987
	18,530,200	Series 2018-85-PO		0.00	%^(k)		12/25/2048		14,105,158
	12,814,492	Series 2019-69-DS (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(f)(h)		12/25/2049		1,491,949
	37,509,895	Series 2019-78-ZB		3.00	%		01/25/2050		32,742,436
	204,731,262	Series 2019-M16-X		1.29	%^(b)(f)		07/25/2031		8,468,668
	460,457,913	Series 2019-M18-X		0.83	%^(b)(f)		08/25/2029		9,627,668
	195,256,142	Series 2019-M24-2XA		1.27	%^(b)(f)		03/25/2031		9,011,286
	260,926,644	Series 2019-M24-XA		1.37	%^(b)(f)		03/25/2029		9,054,989
	152,758,254	Series 2019-M7-X		0.44	%^(b)(f)		04/25/2029		1,614,227
	28,670,390	Series 2020-47-GL		2.00	%		05/25/2046		25,511,067
	7,865,290	Series 2020-53-CG		2.00	%		08/25/2050		6,657,928
	43,557,909	Series 2020-54-AB		1.00	%		08/25/2050		33,798,320
	9,663,758	Series 2020-54-AS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.73	%^(f)(h)		08/25/2050		1,245,590
	11,424,535	Series 2020-59-QZ		3.00	%		08/25/2040		10,379,316
	16,614,264	Series 2020-61-AI		3.00	%^(f)		09/25/2050		2,348,712
	7,723,762	Series 2020-61-DC		1.50	%		09/25/2060		5,856,558

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	29,273,732	Series 2020-61-DI		3.00	%^(f)		09/25/2060		4,659,362
	21,279,418	Series 2020-96-BI		3.00	%^(f)		01/25/2051		3,711,903
	20,536,322	Series 2020-97-EI		2.00	%^(f)		01/25/2051		2,593,883
	23,688,283	Series 2020-99-IQ		3.00	%^(f)		01/25/2051		4,164,540
	344,648,467	Series 2020-M10-X2		1.84	%^(b)(f)		12/25/2030		19,556,388
	160,591,231	Series 2020-M10-X8		0.77	%^(b)(f)		12/25/2027		1,539,283
	74,192,923	Series 2020-M13-X2		1.33	%^(b)(f)		09/25/2030		2,566,482
	444,515,997	Series 2020-M15-X1		1.56	%^(b)(f)		09/25/2031		27,616,401
	104,796,621	Series 2020-M27-X1		0.94	%^(b)(f)		03/25/2031		2,859,198
	156,567,020	Series 2020-M54-X		1.58	%^(b)(f)		12/25/2033		8,685,493
	52,603,531	Series 2020-M7-X2		1.33	%^(b)(f)		03/25/2031		2,324,240
	10,118,369	Series 2021-1-PA		1.00	%		11/25/2050		7,641,817
	14,739,923	Series 2021-13-AK		2.00	%		01/25/2049		12,986,131
	11,309,627	Series 2021-21-DK		2.00	%		07/25/2043		9,911,676
	5,638,964	Series 2021-28-KF (30 day avg SOFR US + 0.75%, 0.75% Floor, 4.00% Cap)		4.00	%		05/25/2051		4,379,290
	20,856,679	Series 2021-28-LB		2.00	%		04/25/2051		17,299,162
	37,611,329	Series 2021-3-KI		2.50	%^(f)		02/25/2051		5,440,671
	18,180,999	Series 2021-3-QI		2.50	%^(f)		02/25/2051		2,851,637
	22,471,141	Series 2021-40-BA		3.00	%		01/25/2051		19,774,410
	33,523,731	Series 2021-43-EI		3.00	%^(f)		07/25/2051		5,361,464
	66,354,895	Series 2021-43-LI		3.00	%^(f)		07/25/2051		11,356,780
	21,599,769	Series 2021-52-JI		2.50	%^(f)		07/25/2051		2,479,334
	26,174,316	Series 2021-56-NI		2.50	%^(f)		09/25/2051		2,304,591
	25,692,110	Series 2021-58-SA (-1 x 30 day avg SOFR US + 2.65%, 0.00% Floor, 2.65% Cap)		0.00	%^(f)(h)		09/25/2051		117,004
	17,625,874	Series 2021-63-G		2.00	%		06/25/2049		14,616,349
	79,273,869	Series 2021-70-S (-1 x 30 day avg SOFR US + 3.75%, 0.00% Floor, 3.75% Cap)		0.00	%^(f)(h)		10/25/2049		2,749,828
	19,645,976	Series 2021-73-JA		2.50	%		05/25/2049		17,584,755
	17,240,163	Series 2021-85-C		2.50	%		03/25/2049		15,454,965
	20,688,195	Series 2021-85-CJ		2.50	%		03/25/2049		18,545,958
	20,688,195	Series 2021-85-CK		2.50	%		03/25/2049		18,545,958
	24,061,927	Series 2021-85-DI		3.00	%^(f)		12/25/2051		4,228,116
	44,826,500	Series 2021-86-MA		2.50	%		11/25/2047		40,716,228
	22,407,759	Series 2021-88-LB		2.50	%		03/25/2050		19,619,252
	28,567,840	Series 2021-9-CA		2.00	%		03/25/2051		23,615,888
	21,513,781	Series 2021-92-M		2.50	%		01/25/2049		19,305,329
	11,087,557	Series 2021-M12-2A1		2.20	%^(b)		05/25/2033		10,151,200
	882,074,863	Series 2021-M14-X		1.05	%^(b)(f)		10/25/2031		20,728,583
	172,232,559	Series 2021-M3-X2		0.99	%^(b)(f)		08/25/2033		4,781,090
	19,950,541	Series 2021-M5-A1		1.51	%^(b)		01/25/2033		18,569,616
	125,036,939	Series 2022-3-AB		2.00	%		11/25/2047		111,340,155
	2,251,194	Series 2022-3-EV		2.00	%		08/25/2033		2,054,205
	59,502,897	Series 2022-3-NZ		2.00	%^(g)		02/25/2052		35,104,002
	13,456,966	Series 2022-4-LG		3.00	%		02/25/2052		12,307,183
	27,050,740	Series 2022-6-M		2.50	%		06/25/2050		24,074,620
	14,116,169	Series 2022-86-IO		2.50	%^(f)		05/25/2050		2,069,629
	698,272,201	Series 2022-M2-X		0.47	%^(b)(f)		01/25/2032		13,185,264
	13,999,685	Series 2022-M4-A1X		2.54	%^(b)		05/25/2030		13,243,113
	104,378,226	Series 2023-2-IO		3.00	%^(f)		12/25/2051		16,273,515
	17,339,212	Series 2023-29-DO		0.00	%^(k)		11/25/2050		11,959,656
	12,850,226	Series 2023-30-MO		0.00	%^(k)		10/25/2050		8,801,670
	84,950,345	Series 2023-39-IO		3.00	%^(f)		10/25/2052		13,566,111
	66,689,226	Series 2023-51-BI		3.50	%^(f)		04/25/2053		13,039,751
	3,646,328	Series 2023-M1S-A1X		4.65	%^(b)		07/25/2033		3,671,497
	23,114,849	Series 2024-64-FJ (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.56	%		09/25/2054		23,089,156
	25,295,241	Series 2024-69-FA (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.56	%		10/25/2054		25,301,691
	48,656,054	Series 2024-81-FE (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap)		5.46	%		07/25/2054		48,489,538

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	65,087,316	Series 2024-82-FY (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap)		5.61	%		11/25/2054		65,226,564
	55,969,095	Series 2024-9-BI		3.00	%^(f)		03/25/2051		9,503,530
	65,025,411	Series 2024-90-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		12/25/2054		65,554,568
	16,689,880	Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		5.76	%		12/25/2054		16,797,462
	9,937,157	Series 2025-12-GF (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)		5.66	%		03/25/2055		9,963,830
	47,213,445	Series 2025-13-FB (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap)		5.61	%		03/25/2055		47,310,539
	63,430,053	Series 2025-29-MF (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		05/25/2055		63,997,968
	48,280,438	Series 2025-31-FN (30 day avg SOFR US + 1.65%, 1.65% Floor, 6.50% Cap)		5.96	%		06/25/2054		49,054,016
	48,269,301	Series 2025-37-DF (30 day avg SOFR US + 1.65%, 1.65% Floor, 6.50% Cap)		5.96	%		08/25/2054		49,046,977
	57,597,255	Series 2025-42-FE (30 day avg SOFR US + 1.55%, 1.55% Floor, 6.50% Cap)		5.86	%		06/25/2055		58,278,515
	2,283,754	Series 400-S4 (-1 x 30 day avg SOFR US + 5.34%, 0.00% Floor, 5.45% Cap)		1.03	%^(f)(h)		11/25/2039		215,738
	23,379,385	Series 412-A3		3.00	%		08/25/2042		20,843,102
	36,845,700	Series 426-C51		2.50	%^(f)		09/25/2050		5,500,515
	50,801,095	Series 427-C69		3.00	%^(f)		03/25/2047		7,812,398
	81,248,896	Series 427-C71		3.00	%^(f)		10/25/2049		13,650,465
	29,611,881	Series 428-C17		3.00	%^(f)		04/25/2050		4,445,601
	26,003,782	Series 432-C11		3.00	%^(f)		08/25/2052		4,380,995
	104,184,097	Series 434-C33		2.50	%^(f)		12/25/2052		15,807,025
		Freddie Mac Seasoned Credit Risk Transfer Trust
	15,186,722	Series 2018-3-HA		3.00	%		08/25/2057		14,214,222
	14,577,880	Series 2020-2-MT		2.00	%		11/25/2059		11,692,781
		Freddie Mac Whole Loan Securities Trust
	7,390,635	Series 2015-SC02-1A		3.00	%		09/25/2045		6,415,659
	4,305,898	Series 2016-SC01-1A		3.00	%		07/25/2046		3,704,626
		Ginnie Mae II Pool
	23,094,283	Pool 785310		2.50	%		02/20/2051		19,527,693
	37,695,495	Pool 785346		2.00	%		03/20/2051		30,323,981
	10,860,524	Pool 785350		2.00	%		01/20/2051		8,638,671
	21,367,428	Pool 785374		2.50	%		03/20/2051		18,128,595
	76,929,653	Pool 785401		2.50	%		10/20/2050		64,822,426
	107,932,969	Pool 785412		2.50	%		03/20/2051		91,263,312
	24,442,012	Pool 785595		2.50	%		03/20/2051		20,729,222
	46,392,458	Pool 785609		2.50	%		08/20/2051		39,290,364
	12,028,814	Pool 785638		2.50	%		08/20/2051		10,171,028
	27,123,665	Pool 785639		2.50	%		08/20/2051		22,934,598
	11,005,486	Pool 785680		2.50	%		10/20/2051		9,305,702
	47,583,875	Pool 785717		3.00	%		11/20/2051		41,872,663
	8,493,496	Pool CB2017		2.50	%		03/20/2051		7,196,339
	7,966,589	Pool CB4182		2.50	%		03/20/2051		6,749,778
	1,802,493	Pool CB5487		2.50	%		03/20/2051		1,504,315
	7,055,307	Pool CB9135		2.50	%		04/20/2051		6,030,004
	7,085,278	Pool CH0426		2.50	%		02/20/2052		5,939,382
	5,941,096	Pool CI0294		2.50	%		01/20/2052		4,877,479
	24,478,243	Pool CI6428		2.50	%		01/20/2052		20,519,573
	480,313	Pool MA2511		3.50	%		01/20/2045		433,955
	14,815,780	Pool MA5076		3.00	%		03/20/2048		13,253,045
	9,258,782	Pool MA7255		2.50	%		03/20/2051		7,878,553
		Government National Mortgage Association
	20,732,916	Pool 786510		3.00	%		02/20/2052		18,050,760
	3,201,281	Series 2003-67-SP (-1 x 1 mo. Term SOFR + 6.99%, 0.00% Floor, 7.10% Cap)		2.67	%^(f)(h)		08/20/2033		19,187
	1,341,946	Series 2003-86-ZK		5.00	%		10/20/2033		1,338,887
	848,445	Series 2004-49-Z		6.00	%		06/20/2034		859,222

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,552,277	Series 2004-83-CS (-1 x 1 mo. Term SOFR + 5.97%, 0.00% Floor, 6.08% Cap)		1.65	%^(f)(h)		10/20/2034		80,216
	399,788	Series 2005-21-ZPool 2005-2		5.00	%		03/20/2035		401,041
	291,946	Series 2006-24-CX (-7 x 1 mo. Term SOFR + 39.13%, 0.00% Floor, 39.97% Cap)		7.46	%^(h)		05/20/2036		368,703
	1,386,073	Series 2007-26-SJ (-1 x 1 mo. Term SOFR + 4.58%, 0.00% Floor, 4.69% Cap)		0.26	%^(f)(h)		04/20/2037		9,749
	1,652,852	Series 2008-2-SM (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap)		2.07	%^(f)(h)		01/16/2038		149,745
	3,007,282	Series 2008-42-AI (-1 x 1 mo. Term SOFR + 7.58%, 0.00% Floor, 7.69% Cap)		3.26	%^(f)(h)		05/16/2038		357,465
	1,095,811	Series 2008-43-SH (-1 x 1 mo. Term SOFR + 6.22%, 0.00% Floor, 6.34% Cap)		1.90	%^(f)(h)		05/20/2038		28,634
	1,281,042	Series 2008-51-SC (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.82	%^(f)(h)		06/20/2038		89,827
	1,074,943	Series 2008-51-SE (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.82	%^(f)(h)		06/16/2038		79,796
	354,078	Series 2008-82-SM (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap)		1.62	%^(f)(h)		09/20/2038		7,636
	509,189	Series 2008-83-SD (-1 x 1 mo. Term SOFR + 6.45%, 0.00% Floor, 6.56% Cap)		2.13	%^(f)(h)		11/16/2036		10,919
	2,190,068	Series 2009-10-NS (-1 x 1 mo. Term SOFR + 6.54%, 0.00% Floor, 6.65% Cap)		2.22	%^(f)(h)		02/16/2039		203,124
	2,595,711	Series 2009-106-VZ		4.50	%		11/20/2039		2,581,644
	377,299	Series 2009-24-SN (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap)		1.67	%^(f)(h)		09/20/2038		10,701
	1,519,310	Series 2009-32-ZE		4.50	%		05/16/2039		1,512,403
	10,047	Series 2009-41-ZQ		4.50	%^(g)		06/16/2039		10,076
	1,198,625	Series 2009-48-Z		5.00	%		06/16/2039		1,199,916
	34,742	Series 2009-50-KP		4.50	%		06/20/2039		34,658
	440,975	Series 2009-69-TS (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.77	%^(f)(h)		04/16/2039		14,106
	1,179,310	Series 2009-75-GZ		4.50	%		09/20/2039		1,184,284
	2,453,625	Series 2010-1-SA (-1 x 1 mo. Term SOFR + 5.64%, 0.00% Floor, 5.75% Cap)		1.32	%^(f)(h)		01/16/2040		191,976
	3,595,797	Series 2010-106-PS (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap)		1.62	%^(f)(h)		03/20/2040		99,137
	2,133,735	Series 2010-25-ZB		4.50	%		02/16/2040		2,130,152
	17,657,818	Series 2010-26-QS (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.82	%^(f)(h)		02/20/2040		1,989,116
	1,485,066	Series 2010-42-AY		5.00	%		11/20/2039		1,524,216
	3,518,297	Series 2010-42-ES (-1 x 1 mo. Term SOFR + 5.57%, 0.00% Floor, 5.68% Cap)		1.25	%^(f)(h)		04/20/2040		325,643
	368,774	Series 2010-61-AS (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap)		2.12	%^(f)(h)		09/20/2039		21,792
	4,583,866	Series 2010-62-SB (-1 x 1 mo. Term SOFR + 5.64%, 0.00% Floor, 5.75% Cap)		1.32	%^(f)(h)		05/20/2040		420,283
	2,268,333	Series 2011-18-SN (-2 x 1 mo. Term SOFR + 9.27%, 0.00% Floor, 9.50% Cap)		0.64	%^(h)		12/20/2040		2,020,341
	2,271,802	Series 2011-18-YS (-2 x 1 mo. Term SOFR + 9.27%, 0.00% Floor, 9.50% Cap)		0.64	%^(h)		12/20/2040		2,007,096
	662,478	Series 2011-69-OC		0.00	%^(k)		05/20/2041		527,663
	6,489,707	Series 2011-69-SB (-1 x 1 mo. Term SOFR + 5.24%, 0.00% Floor, 5.35% Cap)		0.92	%^(f)(h)		05/20/2041		485,104
	10,296,468	Series 2011-70-PO		0.00	%^(k)		05/16/2041		8,007,815
	2,440,722	Series 2011-72-AS (-1 x 1 mo. Term SOFR + 5.27%, 0.00% Floor, 5.38% Cap)		0.95	%^(f)(h)		05/20/2041		203,251
	1,791,810	Series 2011-72-SK (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.72	%^(f)(h)		05/20/2041		164,730
	6,500,479	Series 2013-116-LS (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.72	%^(f)(h)		08/20/2043		722,131
	8,619,767	Series 2013-136-CS (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.77	%^(f)(h)		09/16/2043		869,287
	15,223,092	Series 2013-182-WZ		2.50	%		12/20/2043		13,676,732

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	2,877,925	Series 2013-186-SG (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.82	%^(f)(h)		02/16/2043		185,580
	4,431,357	Series 2013-26-MS (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.82	%^(f)(h)		02/20/2043		526,044
	1,401,279	Series 2013-34-PL		3.00	%		03/20/2042		1,383,898
	7,731,015	Series 2014-163-PS (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap)		1.17	%^(f)(h)		11/20/2044		742,784
	8,205,878	Series 2014-167-SA (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap)		1.17	%^(f)(h)		11/20/2044		787,144
	14,118,081	Series 2014-21-SE (-1 x 1 mo. Term SOFR + 5.44%, 0.00% Floor, 5.55% Cap)		1.12	%^(f)(h)		02/20/2044		1,383,083
	8,295,097	Series 2014-39-SK (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.77	%^(f)(h)		03/20/2044		1,020,643
	9,035,528	Series 2014-59-DS (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.82	%^(f)(h)		04/16/2044		940,527
	8,759,338	Series 2016-108-SM (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap)		1.67	%^(f)(h)		08/20/2046		1,240,251
	12,598,484	Series 2018-40-AZ		3.00	%^(g)		10/20/2047		10,615,366
	9,344,817	Series 2019-153-GF (1 mo. Term SOFR + 0.56%, 0.45% Floor, 6.50% Cap)		4.88	%		12/20/2049		9,084,521
	16,407,543	Series 2020-104-AI		3.00	%^(f)		07/20/2050		2,592,827
	10,409,603	Series 2020-104-EI		3.00	%^(f)		07/20/2050		1,647,986
	9,245,839	Series 2020-112-LS (-1 x 30 day avg SOFR US + 6.20%, 0.00% Floor, 6.20% Cap)		1.90	%^(f)(h)		08/20/2050		1,317,247
	36,974,931	Series 2020-115-IG		2.50	%^(f)		08/20/2050		5,012,048
	17,714,451	Series 2020-138-IC		3.50	%^(f)		08/20/2050		3,187,218
	129,341,723	Series 2020-140-ES (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		09/20/2050		18,913,019
	33,285,137	Series 2020-140-SG (-1 x 1 mo. Term SOFR + 6.24%, 0.00% Floor, 6.35% Cap)		1.92	%^(f)(h)		09/20/2050		4,863,465
	41,442,356	Series 2020-146-CI		2.50	%^(f)		10/20/2050		6,117,049
	23,400,524	Series 2020-146-KI		2.50	%^(f)		10/20/2050		3,530,648
	50,982,657	Series 2020-148-AI		2.50	%^(f)		10/20/2050		7,475,867
	148,283,628	Series 2020-151-MI		2.50	%^(f)		10/20/2050		21,900,691
	90,471,722	Series 2020-153-EI		2.50	%^(f)		10/20/2050		13,267,651
	38,325,413	Series 2020-160-IA		2.50	%^(f)		10/20/2050		5,383,713
	9,869,719	Series 2020-160-IM		2.50	%^(f)		10/20/2050		1,451,449
	32,282,735	Series 2020-162-QS (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		10/20/2050		4,818,198
	45,839,941	Series 2020-166-SM (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		11/20/2050		6,696,354
	63,364,297	Series 2020-167-BI		2.50	%^(f)		11/20/2050		9,319,361
	47,674,139	Series 2020-167-DI		2.50	%^(f)		11/20/2050		6,986,812
	29,829,465	Series 2020-167-IA		2.50	%^(f)		11/20/2050		4,263,815
	72,068,939	Series 2020-167-JI		2.50	%^(f)		11/20/2050		9,756,080
	13,993,751	Series 2020-167-NS (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		11/20/2050		2,063,969
	25,574,457	Series 2020-167-YK		1.20	%		11/20/2050		19,076,506
	114,098,403	Series 2020-173-MI		2.50	%^(f)		11/20/2050		16,943,442
	36,051,021	Series 2020-175-MI		2.50	%^(f)		11/20/2050		4,991,790
	34,206,976	Series 2020-175-SC (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		11/20/2050		5,107,043
	25,461,142	Series 2020-181-AI		2.50	%^(f)		12/20/2050		3,900,563
	43,039,975	Series 2020-181-BI		2.50	%^(f)		12/20/2050		6,250,997
	27,009,458	Series 2020-181-SA (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		12/20/2050		3,888,417
	25,835,871	Series 2020-181-YM		1.17	%		12/20/2050		19,228,391
	58,199,677	Series 2020-185-AI		2.50	%^(f)		12/20/2050		8,350,024
	43,798,216	Series 2020-185-KI		2.50	%^(f)		12/20/2050		6,702,130
	37,011,152	Series 2020-185-MI		2.50	%^(f)		12/20/2050		5,632,742
	41,862,274	Series 2020-187-AI		2.50	%^(f)		12/20/2050		6,283,335
	85,628,931	Series 2020-188-BI		2.50	%^(f)		12/20/2050		12,302,112
	4,946,598	Series 2020-188-DI		2.50	%^(f)		12/20/2050		663,152
	23,594,334	Series 2020-188-GI		2.00	%^(f)		12/20/2050		2,839,116

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	34,454,620	Series 2020-188-IQ		3.00	%^(f)		10/20/2050		5,445,125
	81,644,937	Series 2020-188-KI		2.50	%^(f)		12/20/2050		11,504,172
	32,820,833	Series 2020-188-NS (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		12/20/2050		4,834,978
	4,776,979	Series 2020-4-H		2.50	%		10/20/2049		4,177,510
	7,852,009	Series 2020-79-KG		1.30	%		06/20/2050		6,153,146
	15,584,193	Series 2020-98-SA (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.72	%^(f)(h)		07/20/2050		2,015,953
	73,014,364	Series 2021-1-EI		2.00	%^(f)		01/20/2051		8,171,870
	31,029,676	Series 2021-1-IA		2.50	%^(f)		01/20/2051		4,545,159
	64,636,962	Series 2021-10-IO		0.99	%^(b)(f)		05/16/2063		4,785,171
	114,367,641	Series 2021-100-IO		0.97	%^(b)(f)		06/16/2063		7,858,315
	58,163,783	Series 2021-107-QI		2.50	%^(f)		06/20/2051		8,844,856
	127,190,786	Series 2021-110-IO		0.87	%^(b)(f)		11/16/2063		8,601,760
	21,831,085	Series 2021-114-SB (-1 x 1 mo. Term SOFR + 2.49%, 0.00% Floor, 2.60% Cap)		0.00	%^(f)(h)		06/20/2051		71,923
	40,021,732	Series 2021-116-IA		2.50	%^(f)		06/20/2051		6,081,406
	39,872,545	Series 2021-116-XI		3.50	%^(f)		03/20/2051		7,380,233
	18,667,201	Series 2021-117-IJ		3.50	%^(f)		06/20/2051		2,777,426
	14,569,996	Series 2021-117-SH (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		07/20/2051		1,666,319
	232,201,889	Series 2021-12-IO		0.96	%^(b)(f)		03/16/2063		16,131,297
	48,517,529	Series 2021-121-TI		3.00	%^(f)		07/20/2051		6,410,611
	100,867,028	Series 2021-122-SA (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%^(f)(h)		07/20/2051		721,169
	22,056,894	Series 2021-125-IO		3.00	%^(f)		06/20/2051		3,109,188
	55,148,783	Series 2021-135-GI		3.00	%^(f)		08/20/2051		8,727,802
	68,671,483	Series 2021-135-SK (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		08/20/2051		7,518,298
	56,719,303	Series 2021-136-EI		3.00	%^(f)		08/20/2051		8,903,439
	35,374,304	Series 2021-138-IL		3.00	%^(f)		08/20/2051		5,630,316
	35,938,153	Series 2021-138-KI		3.00	%^(f)		08/20/2051		5,779,646
	52,934,945	Series 2021-138-PS (-1 x 30 day avg SOFR US + 3.75%, 0.00% Floor, 3.75% Cap)		0.00	%^(f)(h)		08/20/2051		1,145,073
	13,455,026	Series 2021-139-BI		3.50	%^(f)		08/20/2051		2,273,754
	42,535,000	Series 2021-140-IJ		3.00	%^(f)		08/20/2051		6,818,722
	28,456,839	Series 2021-142-IO		3.00	%^(f)		08/20/2051		4,505,671
	106,614,227	Series 2021-142-XI		3.00	%^(f)		08/20/2051		16,778,531
	109,070,014	Series 2021-143-IO		0.97	%^(b)(f)		10/16/2063		7,582,809
	81,762,998	Series 2021-144-IO		0.82	%^(b)(f)		04/16/2063		5,043,698
	206,409,578	Series 2021-15-BI		2.50	%^(f)		01/20/2051		29,985,862
	84,048,304	Series 2021-150-IO		1.04	%^(b)(f)		11/16/2063		6,620,922
	64,860,940	Series 2021-151-IO		0.91	%^(b)(f)		04/16/2063		4,513,374
	80,578,009	Series 2021-154-TI		3.00	%^(f)		09/20/2051		10,279,731
	25,282,252	Series 2021-155-IE		3.00	%^(f)		09/20/2051		4,253,810
	70,217,637	Series 2021-155-KI		4.00	%^(f)		09/20/2051		10,790,007
	34,389,412	Series 2021-155-S (-1 x 30 day avg SOFR US + 3.20%, 0.00% Floor, 3.20% Cap)		0.00	%^(f)(h)		09/20/2051		580,765
	35,113,118	Series 2021-155-SG (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		09/20/2051		5,036,580
	22,602,146	Series 2021-157-IO		0.88	%^(b)(f)		09/16/2063		1,421,781
	41,660,845	Series 2021-158-IO		3.00	%^(f)		09/20/2051		6,532,387
	57,747,635	Series 2021-158-IV		2.50	%^(f)		09/20/2051		8,585,191
	22,207,016	Series 2021-160-IA		3.00	%^(f)		09/20/2051		3,541,628
	70,558,917	Series 2021-160-SQ (-1 x 30 day avg SOFR US + 2.65%, 0.00% Floor, 3.00% Cap)		0.00	%^(f)(h)		09/20/2051		576,671
	31,610,393	Series 2021-160-WI		2.50	%^(f)		09/20/2051		4,326,189
	36,564,562	Series 2021-160-XI		3.00	%^(f)		09/20/2051		5,800,551
	38,947,648	Series 2021-161-KI		3.50	%^(f)		09/20/2051		7,394,367
	71,546,338	Series 2021-161-UI		3.00	%^(f)		09/20/2051		11,314,374
	37,999,408	Series 2021-161-VI		3.00	%^(f)		09/20/2051		5,002,025
	25,589,804	Series 2021-162-DI		3.00	%^(f)		09/20/2051		4,055,313
	21,219,133	Series 2021-165-GI		2.50	%^(f)		09/20/2051		3,152,872

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	14,490,711	Series 2021-170-IO		0.99	%^(b)(f)		05/16/2063		1,072,356
	35,821,542	Series 2021-175-IM		3.00	%^(f)		10/20/2051		4,923,227
	14,255,997	Series 2021-175-IN		2.50	%^(f)		07/20/2051		1,890,263
	46,942,804	Series 2021-175-IU		2.50	%^(f)		09/20/2051		7,233,140
	39,100,777	Series 2021-176-TI		4.00	%^(f)		10/20/2051		6,322,553
	104,764,576	Series 2021-177-IA		2.50	%^(f)		10/20/2051		15,642,577
	56,279,055	Series 2021-180-IO		0.91	%^(b)(f)		11/16/2063		3,937,564
	67,596,428	Series 2021-184-IO		0.88	%^(b)(f)		12/16/2061		4,580,638
	24,608,929	Series 2021-188-IA		3.00	%^(f)		10/20/2051		3,904,807
	43,890,772	Series 2021-188-IN		2.50	%^(f)		10/20/2051		6,017,359
	30,536,819	Series 2021-188-IT		2.50	%^(f)		10/20/2051		4,897,431
	20,616,335	Series 2021-188-IW		3.00	%^(f)		10/20/2051		3,584,702
	150,851,175	Series 2021-189-IO		0.88	%^(b)(f)		06/16/2061		9,612,297
	21,166,665	Series 2021-191-BI		2.50	%^(f)		10/20/2051		3,076,729
	41,854,263	Series 2021-191-CI		2.50	%^(f)		10/20/2051		5,981,711
	26,059,043	Series 2021-192-AI		3.00	%^(f)		10/20/2051		4,174,979
	52,558,954	Series 2021-193-I		3.00	%^(f)		06/20/2051		8,634,737
	3,902,212	Series 2021-193-SW (-1 x 30 day avg SOFR US + 2.55%, 0.00% Floor, 2.55% Cap)		0.00	%^(f)(h)		11/20/2051		26,590
	63,391,324	Series 2021-196-IO		2.50	%^(f)		11/20/2051		8,859,628
	60,614,233	Series 2021-2-IO		0.88	%^(b)(f)		06/16/2063		4,004,564
	29,223,148	Series 2021-20-IO		1.15	%^(b)(f)		08/16/2062		2,349,120
	83,725,274	Series 2021-200-IO		0.89	%^(b)(f)		11/16/2063		5,705,953
	161,104,716	Series 2021-204-IO		0.88	%^(b)(f)		01/16/2064		11,235,765
	23,140,436	Series 2021-205-DI		2.50	%^(f)		11/20/2051		3,323,547
	175,441,074	Series 2021-208-IO		0.76	%^(b)(f)		06/16/2064		9,602,469
	177,613,699	Series 2021-210-IO		0.98	%^(b)(f)		05/16/2062		12,705,045
	50,830,493	Series 2021-211-IO		0.97	%^(b)(f)		01/16/2063		3,550,474
	29,597,386	Series 2021-213-IH		3.00	%^(f)		12/20/2051		4,740,095
	135,258,205	Series 2021-217-IO		0.79	%^(b)(f)		09/16/2063		8,094,000
	287,637,749	Series 2021-219-IO		0.76	%^(b)(f)		02/16/2064		17,004,799
	256,711,237	Series 2021-22-IO		0.97	%^(b)(f)		05/16/2063		18,006,779
	8,456,636	Series 2021-226-TI		2.50	%^(f)		12/20/2051		1,237,037
	65,363,691	Series 2021-24-XI		2.00	%^(f)		02/20/2051		7,426,047
	30,009,349	Series 2021-24-YD		1.20	%		02/20/2051		23,138,472
	10,304,581	Series 2021-25-EI		2.50	%^(f)		02/20/2051		1,581,964
	19,008,684	Series 2021-30-IB		2.50	%^(f)		02/20/2051		2,903,318
	23,214,585	Series 2021-30-WI		2.50	%^(f)		02/20/2051		3,604,020
	25,603,682	Series 2021-35-IO		1.03	%^(b)(f)		12/16/2062		1,944,930
	74,396,024	Series 2021-35-IX		1.20	%^(b)(f)		12/16/2062		6,487,504
	31,873,045	Series 2021-40-IO		0.82	%^(b)(f)		02/16/2063		1,968,323
	571,481,019	Series 2021-45-IO		0.81	%^(b)(f)		04/16/2063		35,187,401
	29,125,003	Series 2021-49-NI		2.50	%^(f)		03/20/2051		3,504,422
	40,378,371	Series 2021-49-QI		2.50	%^(f)		03/20/2049		4,347,341
	27,914,808	Series 2021-52-IO		0.72	%^(b)(f)		04/16/2063		1,449,083
	64,595,008	Series 2021-57-JI		3.00	%^(f)		03/20/2051		11,163,232
	7,180,420	Series 2021-58-HP		3.00	%		08/20/2050		6,360,112
	89,514,368	Series 2021-58-IE		3.00	%^(f)		07/20/2050		15,473,713
	200,219,146	Series 2021-60-IO		0.83	%^(b)(f)		05/16/2063		12,322,067
	69,693,539	Series 2021-64-IG		3.00	%^(f)		04/20/2051		12,054,208
	226,124,439	Series 2021-65-IO		0.88	%^(b)(f)		08/16/2063		14,888,304
	35,097,112	Series 2021-7-IP		3.50	%^(f)		07/20/2050		6,158,782
	81,851,125	Series 2021-7-KI		2.50	%^(f)		01/20/2051		11,577,252
	52,502,454	Series 2021-7-MI		2.50	%^(f)		01/20/2051		7,916,005
	324,939,327	Series 2021-70-IO		0.71	%^(b)(f)		04/16/2063		17,378,373
	153,662,598	Series 2021-71-IO		0.86	%^(b)(f)		10/16/2062		9,854,490
	153,767,590	Series 2021-72-IO		0.56	%^(b)(f)		01/16/2061		6,565,815
	92,492,747	Series 2021-74-CI		3.00	%^(f)		12/20/2050		14,243,411
	89,313,490	Series 2021-77-SJ (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap)		0.00	%^(f)(h)		05/20/2051		2,602,559
	10,197,054	Series 2021-78-IC		4.00	%^(f)		05/20/2051		1,962,823
	57,684,581	Series 2021-80-IO		0.90	%^(b)(f)		12/16/2062		3,998,828

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	303,548,437	Series 2021-85-IO		0.69	%^(b)(f)		03/16/2063		15,704,959
	41,418,446	Series 2021-87-ET		2.00	%		05/20/2051		34,404,468
	54,097,732	Series 2021-9-AI		2.00	%^(f)		01/20/2051		6,441,109
	101,016,717	Series 2021-9-MI		2.50	%^(f)		01/20/2051		15,269,939
	31,528,442	Series 2021-94-IO		0.83	%^(b)(f)		02/16/2063		1,897,546
	39,070,951	Series 2021-96-TS (-1 x 30 day avg SOFR US + 3.25%, 0.00% Floor, 3.25% Cap)		0.00	%^(f)(h)		06/20/2051		665,773
	36,751,980	Series 2021-97-NI		2.50	%^(f)		08/20/2049		4,457,332
	30,358,979	Series 2021-97-SH (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap)		0.00	%^(f)(h)		06/20/2051		718,409
	98,109,085	Series 2021-98-IG		3.00	%^(f)		06/20/2051		17,801,609
	22,475,975	Series 2021-98-MI		2.50	%^(f)		06/20/2051		3,103,400
	24,191,329	Series 2021-98-SB (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		06/20/2051		3,046,366
	61,654,553	Series 2021-98-ST (-1 x 30 day avg SOFR US + 2.73%, 0.00% Floor, 2.73% Cap)		0.00	%^(f)(h)		03/20/2051		342,756
	7,695,364	Series 2021-98-SW (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(f)(h)		06/20/2051		826,274
	40,344,146	Series 2021-99-IO		0.58	%^(b)(f)		05/16/2061		1,768,728
	198,650,487	Series 2022-102-IO		0.48	%^(b)(f)		06/16/2064		7,593,057
	58,876,125	Series 2022-137-DI		2.50	%^(f)		02/20/2051		8,800,409
	60,312,688	Series 2022-137-EI		2.50	%^(f)		06/20/2051		8,533,938
	77,980,848	Series 2022-137-IO		3.00	%^(f)		01/20/2052		10,507,451
	110,958,514	Series 2022-14-IO		0.65	%^(b)(f)		12/01/2061		4,995,552
	85,824,313	Series 2022-141-IO		0.78	%^(b)(f)		06/16/2064		5,583,944
	94,630,145	Series 2022-158-IO		0.88	%^(b)(f)		08/16/2064		6,894,677
	27,404,720	Series 2022-160-ZD		3.00	%^(g)		11/20/2047		23,815,911
	60,452,654	Series 2022-167-IO		0.82	%^(b)(f)		08/16/2065		3,731,501
	130,268,509	Series 2022-169-IO		0.89	%^(b)(f)		01/16/2062		9,451,150
	12,090,929	Series 2022-183-B		5.00	%		04/20/2047		12,401,659
	76,021,251	Series 2022-188-IO		2.50	%^(f)		02/20/2051		11,817,245
	78,803,013	Series 2022-202-IO		0.72	%^(b)(f)		10/16/2063		4,745,297
	73,705,451	Series 2022-207-EI		3.50	%^(f)		02/20/2052		13,204,825
	78,025,539	Series 2022-207-IO		3.00	%^(f)		08/20/2051		12,129,663
	72,632,131	Series 2022-21-IO		0.78	%^(b)(f)		10/16/2063		4,084,628
	49,663,872	Series 2022-218-IO		3.50	%^(f)		01/20/2052		9,473,210
	11,582,543	Series 2022-23-BA		3.00	%		05/20/2049		10,764,797
	141,869,968	Series 2022-27-IO		0.75	%^(b)(f)		03/16/2064		7,375,720
	89,295,401	Series 2022-35-IO		0.55	%^(b)(f)		10/16/2063		3,980,673
	138,831,803	Series 2022-38-IO		0.72	%^(b)(f)		04/16/2064		7,017,517
	403,522,743	Series 2022-39-IO		0.62	%^(b)(f)		01/16/2064		20,006,537
	118,634,498	Series 2022-42-IO		0.67	%^(b)(f)		12/16/2063		5,766,360
	22,562,879	Series 2022-44-TY		2.00	%		12/20/2051		18,369,223
	57,874,710	Series 2022-48-IO		0.71	%^(b)(f)		01/16/2064		3,336,535
	64,448,973	Series 2022-49-IO		0.76	%^(b)(f)		03/16/2064		3,366,499
	120,854,360	Series 2022-54-IO		0.59	%^(b)(f)		10/16/2063		5,317,072
	30,629,342	Series 2022-56-HI		2.50	%^(f)		01/20/2052		4,746,476
	76,856,894	Series 2022-62-IO		0.62	%^(b)(f)		06/16/2064		3,654,246
	201,342,427	Series 2022-71-IO		0.55	%^(b)(f)		06/16/2064		8,100,207
	268,421,098	Series 2022-72-DI		0.58	%^(b)(f)		06/16/2064		11,628,700
	95,481,691	Series 2022-73-IO		0.56	%^(b)(f)		07/16/2064		4,560,731
	5,944,000	Series 2022-78-HW		2.50	%		04/20/2052		4,620,286
	244,200,453	Series 2022-79-IO		0.69	%^(b)(f)		08/16/2064		14,063,333
	186,581,661	Series 2022-8-IO		0.86	%^(b)(f)		09/16/2063		11,043,153
	117,475,490	Series 2022-83-IO		2.50	%^(f)		11/20/2051		17,292,662
	122,235,908	Series 2022-86-IO		0.53	%^(b)(f)		10/16/2063		5,020,278
	54,060,829	Series 2022-9-EI		3.00	%^(f)		01/20/2052		7,389,121
	94,746,226	Series 2022-91-IO		0.43	%^(b)(f)		07/16/2064		3,741,727
	444,097,293	Series 2023-108-IO		0.69	%^(b)(f)		08/16/2059		16,708,494
	50,364,816	Series 2023-118-IO		0.65	%^(b)(f)		05/16/2065		2,537,264
	42,686,877	Series 2023-121-IB		0.87	%^(b)(f)		03/16/2064		2,874,389
	10,487,169	Series 2023-140-AS (-2 x 30 day avg SOFR US + 13.00%, 0.00% Floor, 13.00% Cap)		4.40	%^(h)		09/20/2053		10,720,287

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	48,409,504	Series 2023-16-IO		0.90	%^(b)(f)		07/16/2063		3,137,812
	23,178,926	Series 2023-164-BV		3.00	%		01/20/2052		20,376,717
	417,534,198	Series 2023-179-IO		0.61	%^(b)(f)		09/16/2063		18,040,609
	11,482,454	Series 2023-187-ZP		3.00	%^(g)		11/20/2051		6,587,461
	187,383,489	Series 2023-19-IO		2.50	%^(f)		02/20/2051		27,588,808
	25,254,246	Series 2023-196-DZ		4.50	%^(g)		12/20/2053		22,679,469
	28,382,319	Series 2023-24-IH		3.50	%^(f)		07/20/2051		5,315,154
	72,059,340	Series 2023-50-IO		0.86	%^(b)(f)		06/16/2064		4,579,645
	29,925,760	Series 2023-58-IO		2.50	%^(f)		10/20/2050		4,194,829
	32,198,900	Series 2023-60-PT		4.00	%		10/20/2049		30,098,325
	54,400,068	Series 2023-77-IO		0.70	%^(b)(f)		04/16/2065		3,021,179
	11,847,439	Series 2023-88-IO		0.92	%^(b)(f)		03/16/2065		816,562
	12,299,580	Series 2024-1-CZ		3.00	%^(g)		01/20/2050		9,307,513
	16,727,438	Series 2024-111-FM (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.50	%		07/20/2054		16,729,917
	28,789,762	Series 2024-143-IO		3.50	%^(f)		02/20/2048		4,416,159
	99,444,768	Series 2024-150-IO		0.97	%^(b)(f)		09/16/2066		7,735,262
	196,784,303	Series 2024-161-IO		0.74	%^(b)(f)		06/16/2064		11,213,163
	27,162,198	Series 2024-19-EZ		5.00	%^(g)		12/20/2063		26,589,386
	24,151,839	Series 2024-20-LB		2.50	%		11/20/2051		16,317,342
	21,517,912	Series 2024-20-LI		2.50	%^(f)		11/20/2051		3,419,265
	46,784,177	Series 2024-24-BI		3.00	%^(f)		12/20/2051		7,435,199
	14,306,220	Series 2024-40-FE (30 day avg SOFR US + 1.00%, 1.00% Floor, 7.00% Cap)		5.30	%		03/20/2054		14,292,433
	76,742,752	Series 2024-47-IO		0.74	%^(b)(f)		10/16/2065		4,831,969
	49,687,174	Series 2024-67-AI		0.74	%^(b)(f)		10/16/2065		3,083,849
	26,275,641	Series 2024-78-FH (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.55	%		05/20/2054		26,252,803
	82,090,467	Series 2024-86-IA		0.85	%^(b)(f)		08/16/2065		5,418,398
	217,680,628	Series 2025-21-IO		0.95	%^(b)(f)		04/16/2065		15,283,248
	20,083,333	Series 2025-92-ZA		5.00	%^(g)		05/16/2067		19,508,227
		Total US Government and Agency Mortgage Backed Obligations (Cost $16,223,607,499)							15,165,276,374
	US GOVERNMENT AND AGENCY OBLIGATIONS - 3.3%
	300,205,000	United States Treasury Note/Bond		1.13	%		05/15/2040		186,736,891
	192,386,000	United States Treasury Note/Bond		1.13	%		08/15/2040		118,415,086
	335,238,000	United States Treasury Note/Bond		1.38	%		11/15/2040		213,674,938
	320,590,000	United States Treasury Note/Bond		1.88	%		02/15/2041		220,605,994
	148,600,000	United States Treasury Note/Bond		1.75	%		08/15/2041		98,702,906
	19,400,000	United States Treasury Note/Bond		2.00	%		11/15/2041		13,348,110
	186,150,000	United States Treasury Note/Bond		2.50	%		02/15/2045		131,104,864
		Total US Government and Agency Obligations (Cost $995,237,642)							982,588,789
	SHORT TERM INVESTMENTS - 3.4%
	343,195,877	First American Government Obligations Fund - U		4.28	%⁽ⁱ⁾				343,195,877
	343,195,877	JPMorgan US Government Money Market Fund - IM		4.28	%⁽ⁱ⁾				343,195,877
	343,195,877	MSILF Government Portfolio - Institutional		4.24	%⁽ⁱ⁾				343,195,877
		Total Short Term Investments (Cost $1,029,587,631)							1,029,587,631
		Total Investments - 99.4%^(l) (Cost $33,431,620,753)							29,790,758,936
		Other Assets in Excess of Liabilities - 0.6%							188,221,264
		NET ASSETS - 100.0%						$	29,978,980,200

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Mortgage Backed Obligations	50.6	%
Non-Agency Residential Collateralized Mortgage Obligations	23.9	%
Non-Agency Commercial Mortgage Backed Obligations	7.6	%
Asset Backed Obligations	5.9	%
Collateralized Loan Obligations	4.7	%
Short Term Investments	3.4	%
US Government and Agency Obligations	3.3	%
Other Assets and Liabilities	0.6	%
Net Assets	100.0	%

(a)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $8,657,276,795 or 28.9% of the Fund's net assets.
(b)		Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(c)		Value determined using significant unobservable inputs.
(d)		Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(e)		Security pays interest at rates that represent residual cashflows available after more senior tranches have been paid.
(f)		Interest only security
(g)		This security accrues interest which is added to the outstanding principal balance. The interest payment will be deferred until all other tranches in the structure are paid off. The rate disclosed is as of period end.
(h)		Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(i)		Seven-day yield as of period end.
(j)		Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(k)		Principal only security
(l)		99.4% of the total investments are based in the United States.

COFI	Cost of Funds Index
SOFR	Secured Overnight Financing Rate

Futures Contracts
Description	Long/ Short	Contract Quantity		Expiration Date		Notional Amount⁽¹⁾			Unrealized Appreciation (Depreciation)/ Value
U.S. Treasury Long Bonds	Long	17,000		9/19/2025	$	1,869,768,870		$	93,199,880
U.S. Treasury 2 Year Notes	Long	69,500		9/30/2025		14,398,462,434			59,166,507
U.S. Treasury Ultra Bonds	Long	5,175		9/19/2025		587,286,672			29,185,203
U.S. Treasury 5 Year Note	Long	8,500		9/30/2025		914,041,777			12,458,223
10 Year U.S. Ultra Treasury Notes	Short	(20,000	)	9/19/2025		(2,220,720,991	)		(64,591,509	)
								$	129,418,304

(1)

Notional Amount is determined based on the number of contracts multiplied by the contract size and the quoted daily settlement price in US dollars.

DoubleLine Core Fixed Income Fund		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	ASSET BACKED OBLIGATIONS - 3.1%
		Aaset Trust
	2,376,836	Series 2021-2A-B		3.54	%^(a)		01/15/2047		2,221,856
		Affirm, Inc.
	4,000,000	Series 2025-1A-D		5.62	%^(a)		02/15/2033		4,015,319
		Apollo Aviation Securitization Equity Trust
	7,657,298	Series 2024-1A-B		6.90	%^(a)		05/16/2049		7,766,721
		AutoNation Finance Trust
	4,450,000	Series 2025-1A-D		5.63	%^(a)		09/10/2032		4,516,743
		Carbon Level Mitigation Trust
	18,198,018	Series 2021-5-CERT		0.61	%^(a)		10/13/2051		10,874,535
		Carvana Auto Receivables Trust
	5,450,000	Series 2024-P3-A4		4.31	%		09/10/2030		5,451,385
		Castlelake Aircraft Securitization Trust
	1,579,649	Series 2021-1A-A		3.47	%^(a)		01/15/2046		1,541,936
		Compass Datacenters LLC
	1,450,000	Series 2024-2A-B2		6.00	%^(a)		08/25/2049		1,467,286
		Container Leasing International LLC
	4,000,000	Series 2025-1A-A		5.35	%^(a)		06/20/2050		4,039,920
	2,000,000	Series 2025-1A-B		5.59	%^(a)		06/20/2050		2,016,742
		Cyrusone Holdco LLC
	2,000,000	Series 2025-1A-A2		5.91	%^(a)		02/20/2050		2,042,054
		Diamond Infrastructure Funding LLC
	3,000,000	Series 2021-1A-C		3.48	%^(a)		04/15/2049		2,836,252
		DigitalBridge Group, Inc.
	6,500,000	Series 2023-1A-A2A		5.00	%^(a)		09/15/2048		6,452,982
		European Wax Center, Inc.
	2,764,500	Series 2022-1A-A2		5.50	%^(a)		03/15/2052		2,726,367
		Exeter Automobile Receivables Trust
	145,191	Series 2021-1A-D		1.08	%		11/16/2026		144,971
	8,500,000	Series 2021-1A-E		2.21	%^(a)		02/15/2028		8,426,978
		ExteNet LLC
	3,350,000	Series 2025-1A-B		5.70	%^(a)		07/25/2054		3,375,246
		FWEA
	5,593,493	Series 2024-1-A		7.15	%^(b)		08/25/2044		5,727,736
		GreenSky LLC
	1,850,000	Series 2024-2-C		5.55	%^(a)		10/27/2059		1,867,954
		Helios Issuer LLC
	1,937,305	Series 2018-1A-A		4.87	%^(a)		07/20/2048		1,851,005
		HERO Funding Trust
	1,031,710	Series 2016-1A-A		4.05	%^(a)		09/20/2041		977,225
		Horizon Aircraft Finance Ltd.
	1,156,698	Series 2019-2-A		3.43	%^(a)		11/15/2039		1,105,318
	4,331,250	Series 2024-1-A		5.38	%^(a)		09/15/2049		4,342,234
		Hyundai Auto Receivables Trust
	5,200,000	Series 2024-C-C		4.86	%		02/17/2032		5,230,478
		ITE Rail Fund Levered LP
	11,805,908	Series 2021-1A-A		2.25	%^(a)		02/28/2051		11,071,250
		MACH 1 Cayman Ltd.
	4,969,383	Series 2019-1-A		3.47	%^(a)		10/15/2039		4,858,830
		Mosaic Solar Loans LLC
	726,378	Series 2018-1A-A		4.01	%^(a)		06/22/2043		680,633
	949,240	Series 2019-2A-B		3.28	%^(a)		09/20/2040		857,234
		Navient Student Loan Trust
	2,965,219	Series 2018-A-B		3.68	%^(a)		02/18/2042		2,906,790
		NP Railcar Holdings LLC
	1,654,154	Series 2016-1A-A1		4.16	%^(a)		04/20/2046		1,646,655
	4,982,952	Series 2019-1A-A2		3.24	%^(a)		09/20/2049		4,838,870

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Pagaya AI Debt Selection Trust
	597,476	Series 2021-2-NOTE		3.00	%^(a)		01/25/2029		592,865
		Primrose Funding LLC
	2,000,000	Series 2025-1A-A2		6.46	%^(a)		07/30/2055		2,031,518
		Research-Driven Pagaya Motor Asset Trust
	1,670,719	Series 2025-1A-A		5.04	%^(a)		06/27/2033		1,668,345
	5,000,000	Series 2025-3A-A2		5.15	%^(a)		02/27/2034		5,027,474
		Sapphire Aviation Finance Ltd.
	2,289,958	Series 2020-1A-A		3.23	%^(a)		03/15/2040		2,209,537
		SEB Funding LLC
	4,987,500	Series 2021-1A-A2		4.97	%^(a)		01/30/2052		4,898,873
		SERVPRO Master Issuer LLC
	945,000	Series 2019-1A-A2		3.88	%^(a)		10/25/2049		930,093
		Shenton Aircraft Investment Ltd.
	840,002	Series 2015-1A-A		4.75	%^(a)		10/15/2042		820,547
		SOFI Alternative Trust
	644,248	Series 2021-1-PT1		9.72	%^(a)(c)		05/25/2030		638,069
	595,347	Series 2021-2-A		1.25	%^(a)		08/15/2030		588,671
	75,000	Series 2021-2-R1		0.00	%^(a)(b)(d)		08/15/2030		345,301
		Start Ltd./Bermuda
	1,466,963	Series 2019-1-A		4.09	%^(a)		03/15/2044		1,451,455
		Start/Bermuda
	1,540,358	Series 2018-1-A		4.09	%^(a)		05/15/2043		1,540,455
		Subway Funding LLC
	4,477,500	Series 2024-1A-A23		6.51	%^(a)		07/30/2054		4,605,847
	4,975,000	Series 2024-3A-A23		5.91	%^(a)		07/30/2054		4,939,700
		Sunrun, Inc.
	4,132,322	Series 2019-2-A		3.61	%^(a)		02/01/2055		3,917,373
	9,561,805	Series 2020-1A-A		2.21	%^(a)		07/31/2051		8,595,157
		Switch ABS Issuer LLC
	6,000,000	Series 2024-2A-A2		5.44	%^(a)		06/25/2054		6,052,890
		Tesla Sustainable Energy Trust
	3,600,000	Series 2024-1A-B		5.82	%^(a)		06/21/2050		3,617,751
		Upgrade Master Pass-Thru Trust
	133,057	Series 2021-PT3-A		16.14	%^(a)(c)		07/15/2027		124,391
	557,205	Series 2021-PT4-A		13.64	%^(a)(c)		08/15/2027		528,025
		Upstart Pass-Through Trust Series
	69,284	Series 2021-ST2-A		2.50	%^(a)		04/20/2027		69,180
		Upstart Securitization Trust
	2,187,841	Series 2021-2-C		3.61	%^(a)		06/20/2031		2,176,781
	1,404,353	Series 2021-3-C		3.28	%^(a)		07/20/2031		1,390,626
	8,553,779	Series 2021-4-C		3.19	%^(a)		09/20/2031		8,432,660
	2,569,180	Series 2023-3-A		6.90	%^(a)		10/20/2033		2,585,507
		USASF Receivables LLC
	1,443,378	Series 2021-1A-C		2.20	%^(a)		05/15/2026		1,347,110
		Vantage Data Centers Holding LLC
	1,075,000	Series 2020-2A-A2		1.99	%^(a)		09/15/2045		1,010,017
		WAVE USA
	6,930,203	Series 2019-1-A		3.60	%^(a)		09/15/2044		6,664,547
		Willis Lease Finance Corp.
	4,500,000	Series 2025-A-A		5.58	%^(a)		06/15/2050		4,583,219
		Total Asset Backed Obligations (Cost $208,469,726)							201,263,489
	BANK LOANS - 2.4%
		1261229 BC Ltd.
	385,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.25%, 0.00% Floor)		10.56	%		10/08/2030		372,157
		AAdvantage Loyalty IP Ltd.
	854,750	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.52	%		04/20/2028		850,408
	600,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		05/28/2032		604,650
		ABG Intermediate Holdings 2 LLC
	94,288	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		12/21/2028		94,354

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Access CIG LLC
	315,281	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.38	%	08/18/2028	317,128
		Acrisure LLC
	1,235,742	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%	11/06/2030	1,234,290
	410,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%	06/21/2032	410,000
		Acuris Finance US, Inc.
	648,383	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor)		8.05	%	02/16/2028	649,803
		ADMI Corp.
	1,618,121	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.50% Floor)		8.19	%	12/23/2027	1,547,328
	733,825	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.75%, 0.00% Floor)		10.08	%	12/23/2027	713,278
		AI Aqua Merger Sub, Inc.
	1,523,766	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.32	%	07/31/2028	1,523,324
		Alera Group 2nd Lien T/L
	235,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.50%, 0.50% Floor)		9.83	%	05/30/2033	239,847
		Alera Group, Inc.
	600,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.58	%	05/28/2032	602,475
		Alliant Holdings Intermediate LLC
	1,109,437	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%	09/19/2031	1,110,946
		Allied Universal Holdco LLC
	1,000,024	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.50% Floor)		8.18	%	05/15/2028	1,005,919
		Allspring Buyer LLC
	1,420,628	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.31	%	11/01/2030	1,430,395
		Alpha Generation LLC
	1,179,674	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%	09/30/2031	1,179,473
		Altice France SA
	977,137	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.50%, 0.00% Floor)		9.76	%	08/31/2028	887,836
		Amentum Holdings, Inc.
	981,933	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%	09/29/2031	981,934
		AmWINS Group, Inc.
	840,775	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.75% Floor)		6.58	%	01/30/2032	842,011
		APi Group DE, Inc.
	295,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%	01/03/2029	295,400
		Applied Systems, Inc.
	330,000	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.00% Floor)		8.80	%	02/23/2032	339,199
		Apro LLC
	828,738	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor)		8.06	%	07/09/2031	827,702
		Arches Buyer, Inc.
	418,280	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor)		7.68	%	12/06/2027	413,652
		Ardonagh Group Finco Pty Ltd.
	52,691	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.04	%	02/18/2031	52,427
	42,182	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.04	%	02/18/2031	41,971
	117,551	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%	02/18/2031	116,963
	43,956	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%	02/18/2031	43,736

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	280,557	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		279,154
	283,446	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		282,028
		Arsenal AIC Parent LLC
	208,353	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		08/19/2030		208,457
		Ascend Learning LLC
	1,301,381	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		12/11/2028		1,302,663
	167,545	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.85%, 0.50% Floor)		10.18	%		12/10/2029		168,173
		Aspire Bakeries T/L B
	691,508	Senior Secured Term Loan		7.82	%^(e)		12/23/2030		691,912
		AssuredPartners, Inc.
	1,392,698	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor)		7.83	%		02/14/2031		1,397,760
		Astra Acquisition Corp.
	699,785	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 8.99%, 0.75% Floor)		13.16	%^(f)		10/25/2029		4,668
		Asurion LLC
	295,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor)		9.69	%		02/03/2028		282,924
	540,462	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor)		8.68	%		08/21/2028		535,490
	485,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor)		9.69	%		01/22/2029		451,239
	240,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.56	%		09/19/2030		233,460
	997,505	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor)		8.58	%		09/19/2030		974,048
		Aveanna Healthcare LLC
	1,316,206	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.85%, 0.50% Floor)		8.18	%		07/17/2028		1,291,119
	243,366	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.15%, 0.50% Floor)		11.48	%		12/10/2029		239,532
		Bally's Corp.
	717,346	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.51%, 0.50% Floor)		7.78	%		10/02/2028		636,644
		Bausch + Lomb Corp.
	550,200	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor)		8.33	%		09/29/2028		551,347
	1,385,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.57	%		01/15/2031		1,389,335
		BCP Renaissance Parent LLC
	978,122	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.30	%		10/31/2028		982,249
		BCPE Empire Holdings, Inc.
	2,403,053	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.58	%		12/26/2030		2,392,239
		Beach Acquisition Bidco LLC
	375,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.25%)		7.56	%		06/28/2032		377,344
		Boxer Parent Co., Inc.
	2,603,475	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		07/30/2031		2,590,288
	507,982	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.00% Floor)		10.08	%		07/30/2032		495,602
		Brand Industrial Services, Inc.
	704,682	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.50% Floor)		8.78	%		08/01/2030		592,683
		Brazos Delaware II LLC
	34,052	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.31	%		02/11/2030		34,149
		BroadStreet Partners, Inc.
	78,948	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		06/16/2031		79,131

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	807,785	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		06/16/2031		809,663
		Brown Group Holding LLC
	290,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%)		6.82	%		07/01/2031		290,676
		Burlington Coat Factory Warehouse Corp.
	174,560	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		09/19/2031		174,124
		Caesars Entertainment, Inc.
	842,866	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.50% Floor)		6.58	%		02/06/2031		843,397
		Camelot US Acquisition LLC
	19,940	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/31/2031		19,759
	940,379	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/31/2031		931,859
	218,087	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/31/2031		216,111
	560,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%)		7.58	%		01/31/2031		561,050
		Castle US Holding Corp.
	299,013	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.36%, 0.00% Floor)		8.84	%		05/31/2030		164,644
		Cengage Learning, Inc.
	198,784	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor)		7.82	%		03/22/2031		199,492
	340,779	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor)		7.83	%		03/24/2031		341,993
		Central Parent LLC
	422,870	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		07/06/2029		354,174
		Chariot Buyer LLC
	950,479	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor)		7.68	%		11/03/2028		953,179
		Clarios Global LP
	1,528,469	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		05/06/2030		1,526,085
	40,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/28/2032		40,088
		Clearwater Analytics LLC
	465,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.52	%		04/21/2032		465,581
		Cloud Software Group, Inc.
	1,988	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		03/24/2031		1,994
	789,237	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		03/24/2031		791,454
		ClubCorp Holdings, Inc.
	724,421	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor)		9.56	%		09/18/2026		726,232
	436	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.00% Floor)		9.56	%		09/18/2026		437
		Clydesdale Acquisition Holdings, Inc.
	666,440	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.18%, 0.50% Floor)		7.50	%		04/13/2029		665,874
		CMG Media Corp.
	117,861	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.60%, 0.00% Floor)		7.90	%		06/18/2029		114,530
		CNT Holdings I Corp.
	172,817	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.75% Floor)		6.78	%		11/08/2032		173,438
		Colossus Acquireco LLC
	1,670,000	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)		6.06	%		06/14/2032		1,661,024
		CommScope LLC
	961,318	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 2.00% Floor)		9.58	%		12/17/2029		974,435

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Compass Power Generation LLC
	1,463,014	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.56	%		04/16/2029		1,473,072
		Construction Partners, Inc.
	825,850	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		11/03/2031		829,463
		CoreLogic, Inc.
	242,094	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor)		7.94	%		06/02/2028		239,938
		Cornerstone Building Brands, Inc.
	447,141	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor)		7.66	%		04/12/2028		400,564
	124,063	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.50% Floor)		8.81	%		05/15/2031		106,073
		Cornerstone OnDemand, Inc.
	281,484	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor)		8.19	%		10/16/2028		264,860
		Corpay Technologies Operating Co. LLC
	199,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		04/28/2028		199,249
		Cotiviti, Inc.
	543,737	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%		05/01/2031		541,870
	850,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%		03/29/2032		846,991
		CPI Holdco B LLC
	546,972	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		05/19/2031		546,015
	415,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		05/19/2031		415,131
		CPPIB OVM Member US LLC
	486,575	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		08/20/2031		485,966
		Creative Artists Agency LLC
	104,525	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		10/01/2031		104,955
		Crosby US Acquisition Corp.
	414,266	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor)		7.83	%		08/16/2029		416,324
		Crown Finance US, Inc.
	806,187	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor)		9.57	%		12/02/2031		806,993
		CSC Holdings LLC
	618,018	Senior Secured First Lien Term Loan (Prime Rate + 1.50%, 0.00% Floor)		9.00	%		04/15/2027		602,901
	355,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.00% Floor)		8.81	%		01/18/2028		350,763
		Cube A&D Buyer, Inc.
	907,725	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.52	%		10/20/2031		913,680
		Curium Bidco Sarl
	204,540	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		07/31/2029		205,350
	137,777	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		07/31/2029		138,322
	61,218	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		07/31/2029		61,460
		Cyborg Oldco DC Holdings, Inc.
	358,331	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		8.33	%^(b)(f)		05/01/2026		—
		Dexko Global, Inc.
	536,677	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor)		8.19	%		10/04/2028		514,882
		DG Investment Intermediate Holdings 2, Inc.
	1,222,370	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.75% Floor)		7.94	%		03/31/2028		1,226,147
	250,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 6.86%, 0.75% Floor)		11.19	%		03/29/2029		249,140

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Directv Financing LLC
	171,292	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.75% Floor)		9.54	%		08/02/2027		172,162
	332,055	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.51%, 0.75% Floor)		9.79	%		08/02/2029		330,093
		Dun & Bradstreet Corp.
	763,424	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		01/18/2029		763,710
		Dynasty Acquisition Co., Inc.
	490,159	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		10/31/2031		490,936
	186,441	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%)		6.33	%		10/31/2031		186,736
		EAB Global, Inc.
	1,002,313	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		08/16/2030		986,025
		Eagle Parent Corp.
	927,422	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		04/02/2029		921,240
	89,123	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		04/02/2029		88,529
	89,123	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		04/02/2029		88,529
		Ecovyst Catalyst Technologies LLC
	250,529	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor)		6.28	%		06/12/2031		249,322
	649,520	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor)		6.28	%		06/12/2031		646,390
		Edelman Financial Engines Center LLC
	793,008	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		04/07/2028		794,772
	465,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor)		9.58	%		10/06/2028		467,499
		EG America LLC
	624,228	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.00% Floor)		8.58	%		02/07/2028		627,849
		Eisner Advisory Group LLC
	911,882	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor)		8.33	%		02/28/2031		917,011
		Element Materials Technology Group US Holdings, Inc.
	1,145,378	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		06/25/2029		1,150,389
		Ellucian Holdings, Inc.
	1,240,236	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		10/08/2029		1,244,695
	55,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.08	%		11/22/2032		56,237
		Emrld Borrower LP
	813,850	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		08/04/2031		813,561
		Enviri Corp.
	473,766	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.36%, 0.50% Floor)		6.69	%		03/10/2028		470,154
		Everi Holdings, Inc.
	453,071	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.50% Floor)		6.94	%		08/03/2028		451,938
		Fertitta Entertainment LLC/NV
	1,606,267	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor)		7.83	%		01/29/2029		1,606,331
		FinThrive Software Intermediate Holdings, Inc.
	63,527	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor)		8.32	%		12/18/2028		61,927
	106,410	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 0.50% Floor)		8.44	%		12/18/2028		96,301
		Flutter Financing BV
	255,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.50% Floor)		6.30	%		06/04/2032		255,319

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Focus Financial Partners LLC
	1,489,595	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		09/15/2031		1,488,113
		Fortrea Holdings, Inc.
	59,794	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor)		8.08	%		07/01/2030		53,815
		Freeport LNG Investments LLLP
	773,282	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.52	%		12/21/2028		775,057
		Gainwell Acquisition Corp.
	1,357,831	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 0.10%, 0.75% Floor)		8.40	%		10/01/2027		1,311,325
		Garda World Security Corp.
	649,205	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.31	%		02/01/2029		651,185
		GBT US III LLC
	552,225	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.78	%		07/28/2031		553,835
		GC Ferry Acquisition I, Inc.
	717,500	Senior Secured Term Loan (1 mo. Term SOFR + 3.50%)		7.83	%		06/07/2032		705,840
		Gen Digital, Inc.
	1,020,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		04/16/2032		1,019,490
		GFL ES US LLC
	1,275,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.82	%		03/03/2032		1,277,391
		GIP Pilot Acquisition Partners LP
	452,982	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor)		6.28	%		10/04/2030		455,057
		Gogo Intermediate Holdings LLC
	453,734	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.75% Floor)		8.19	%		04/28/2028		446,504
		Golden State Foods LLC
	570,702	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor)		8.56	%		12/04/2031		574,155
		Grant Thornton Advisors LLC
	898,906	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		05/30/2031		899,243
	295,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		05/30/2031		295,848
		Gray Media, Inc.
	463,686	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor)		7.44	%		12/01/2028		450,144
		Great Outdoors Group LLC
	453,718	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.75% Floor)		7.58	%		01/23/2032		453,790
		Hamilton Projects Acquiror LLC
	180,000	Senior Secured Term Loan (1 mo. Term SOFR + 2.50%)		6.81	%		05/30/2031		180,825
	219,650	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%)		7.33	%		05/30/2031		220,657
		Helios Software Holdings, Inc.
	783,595	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		07/18/2030		785,472
		Herc Holdings, Inc.
	220,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.32	%		06/02/2032		221,100
		Hexion Holdings Corp.
	846,823	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor)		8.31	%		03/15/2029		846,027
		Hightower Holding LLC
	1,688,050	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.26	%		02/03/2032		1,686,649
		HomeServe USA Holding Corp.
	464,125	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.32	%		10/21/2030		465,141
		Hunter Douglas, Inc.
	593,979	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		01/20/2032		592,619

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Husky Injection Molding Systems Ltd.
	579,150	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor)		8.67	%		02/15/2029		581,423
	579,150	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor)		8.80	%		02/15/2029		581,423
		iHeartCommunications, Inc.
	248,750	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.89%, 0.00% Floor)		10.22	%		05/01/2029		203,456
		INEOS US Finance LLC
	1,651,200	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		8.68	%		02/19/2030		1,586,778
		INEOS US Petrochem LLC
	513,326	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor)		8.78	%		03/29/2029		479,318
	563,588	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor)		8.58	%		10/07/2031		516,387
		ION Trading Technologies Sarl
	339,524	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		04/03/2028		340,151
		Kaman Corp.
	140,330	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		140,342
	169,230	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		169,243
	139,991	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		140,003
	192,388	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		192,404
	192,388	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		192,404
	139,991	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		140,003
	169,230	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		169,243
	140,330	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		140,342
		Kaseya, Inc.
	493,763	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		03/22/2032		496,271
		Kenan Advantage Group, Inc.
	918,869	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		01/25/2029		907,383
		Klockner Pentaplast of America, Inc.
	468,233	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.98%, 0.50% Floor)		9.23	%		02/09/2026		434,453
		Kronos Acquisition Holdings, Inc.
	163,630	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor)		8.30	%		07/08/2031		147,104
		Lasership, Inc.
	6,548	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 7.50% Cash or 1 mo. SOFR US + 1.50% + 7.00% PIK, 0.75% Floor)		11.93	%		08/10/2029		2,019
	165,954	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 7.76% Cash or 1 mo. SOFR US + 1.76% +7.00% PIK, 0.75% Floor)		11.93	%		08/10/2029		51,169
		LBM Acquisition LLC
	1,422,980	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.75% Floor)		8.16	%		06/06/2031		1,334,044
		LC Ahab US Bidco LLC
	1,251,682	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.32	%		05/01/2031		1,252,470
		Life Time, Inc.
	577,100	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.78	%		11/05/2031		579,336
		LifePoint Health, Inc.
	1,037,565	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor)		8.01	%		05/19/2031		1,028,160

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Lightning Power LLC
	749,338	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.55	%		08/18/2031		751,574
		Lumen Technologies, Inc.
	364,599	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.46%, 2.00% Floor)		6.79	%		04/16/2029		360,727
		Madison IAQ LLC
	1,427,338	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.50%, 0.50% Floor)		6.76	%		06/21/2028		1,430,015
	415,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.51	%		05/06/2032		416,641
		Madison Safety & Flow LLC
	476,524	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		09/26/2031		478,013
		Mavis Tire Express Services Topco Corp.
	184,538	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.75% Floor)		7.33	%		05/04/2028		184,679
		McAfee Corp.
	1,118,206	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.32	%		03/01/2029		1,088,272
		MH Sub I LLC
	961,574	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.50% Floor)		8.58	%		12/31/2031		838,074
		Michaels Cos., Inc.
	432,883	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.51%, 0.75% Floor)		8.81	%		04/17/2028		363,892
		Mister Car Wash Holdings, Inc.
	202,893	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		03/27/2031		203,527
		Mitchell International, Inc.
	849,410	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.58	%		06/17/2031		849,690
	165,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor)		9.58	%		06/17/2032		162,979
		MITER Brands Acquisition Holdco, Inc.
	651,704	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		03/28/2031		653,927
		Motion Finco Sarl
	522,338	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		11/30/2029		498,509
		MX Holdings US, Inc.
	250,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		03/17/2032		251,406
		Natgasoline LLC
	293,156	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.50%, 0.00% Floor)		9.83	%		03/29/2030		292,057
		NEP Group, Inc.
	32,208	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor)		7.84	%		08/19/2026		29,763
	848,177	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor)		7.84	%		08/19/2026		783,770
		Newfold Digital Holdings Group, Inc.
	345,672	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.93%, 0.75% Floor)		7.93	%		02/10/2028		187,095
		OneDigital Borrower LLC
	975,686	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		07/02/2031		975,384
	166,276	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.50% Floor)		9.58	%		07/02/2032		166,899
		Ontario Gaming GTA LP
	623,088	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		08/01/2030		617,929
		Opal US LLC
	1,365,000	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.25%, 0.00% Floor)		7.44	%		04/23/2032		1,372,255
		Ovg Business Services LLC
	729,661	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		06/25/2031		726,925

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Par Petroleum LLC
	268,817	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.01	%		02/28/2030		266,971
		Peraton Corp.
	744,301	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor)		8.18	%		02/01/2028		659,172
		PetSmart LLC
	848,742	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor)		8.18	%		02/14/2028		841,846
		Polaris Newco LLC
	892,393	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.86%, 0.50% Floor)		8.29	%		06/05/2028		870,886
		Pregis TopCo LLC
	814,827	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor)		8.33	%		02/01/2029		818,188
		Pretium PKG Holdings, Inc.
	10,092	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor)		9.29	%		10/02/2028		10,097
	302,386	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor)		9.29	%		10/02/2028		302,548
	275,000	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.01%, 0.50% Floor)		11.31	%		10/01/2029		47,713
		Pretzel Parent T/L B
	159,600	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.00% Floor)		8.83	%		10/01/2031		158,682
		Prime Security Services Borrower LLC
	832,913	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)		6.07	%		03/08/2032		827,274
		Proofpoint, Inc.
	74,811	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%)		7.33	%		08/31/2028		74,945
		Quikrete Holdings, Inc.
	638,579	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		03/19/2029		639,164
	172,819	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		04/14/2031		172,711
	842,888	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		02/10/2032		842,782
		QXO Building Products, Inc.
	162,444	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.28	%		04/30/2032		163,756
		Radiology Partners, Inc.
	955,000	Senior Secured Term Loan (1 mo. Term SOFR + 4.50%)		8.82	%		06/30/2032		948,434
		RealPage, Inc.
	462,597	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.11%, 0.50% Floor)		7.56	%		04/24/2028		459,939
	339,150	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		04/24/2028		340,115
		Sabre GLBL, Inc.
	226,062	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor)		7.94	%		12/17/2027		222,994
	253,300	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor)		7.94	%		12/17/2027		249,861
	377,148	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.00%)		10.43	%		11/15/2029		377,148
	163,501	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.10%, 0.00% Floor)		10.43	%		11/15/2029		155,939
		Savor Acquisition, Inc.
	639,655	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		02/19/2032		644,302
		Sazerac Co., Inc.
	260,000	Senior Secured Term Loan (1 mo. Term SOFR + 2.50%)		6.82	%		06/25/2032		260,325
		Sedgwick Claims Management Services, Inc.
	1,116,563	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		07/31/2031		1,121,838
		Signia Aerospace LLC
	513,789	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		12/11/2031		517,000

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	627,965	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		12/11/2031		631,889
		Six Flags Entertainment Corp.
	496,085	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		05/01/2031		497,139
		Solenis Holdings Ltd.
	1,325,004	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		06/23/2031		1,312,059
		Sotera Health Holdings LLC
	1,399,425	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		05/30/2031		1,407,304
		Spin Holdco, Inc.
	194,915	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.26%, 0.75% Floor)		8.58	%		03/06/2028		171,769
		Staples, Inc.
	377,150	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.50% Floor)		10.03	%		09/10/2029		348,998
		Starwood Property Mortgage LLC
	372,327	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		01/02/2030		373,958
		StubHub Holdco Sub LLC
	1,032,878	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.08	%		03/15/2030		1,005,331
		SWF Holdings I Corp.
	294,260	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 1.00% Floor)		8.44	%		10/06/2028		226,948
		Team Health Holdings, Inc.
	499,756	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.25%, 1.00% Floor)		9.53	%		03/02/2027		498,037
		Tecta America Corp.
	830,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		02/18/2032		832,855
		Tiger Acquisition LLC
	816,814	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		06/01/2028		819,653
		Townsquare Media, Inc.
	233,531	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor)		9.32	%		02/19/2030		211,346
		Trans Union LLC
	420,750	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		06/24/2031		421,756
		TransDigm, Inc.
	932,950	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.80	%		01/20/2032		935,408
		Travelport Finance Luxembourg Sarl
	154,262	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor)		11.30	%		09/29/2028		119,891
	96,807	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor)		11.30	%		09/29/2028		75,238
		TricorBraun Holdings, Inc.
	496,202	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.36%, 0.50% Floor)		7.69	%		03/03/2028		496,246
		Trident TPI Holdings, Inc.
	992,232	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		09/18/2028		976,237
		Trucordia Insurance Holdings LLC
	745,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%)		7.56	%		06/17/2032		747,328
		UFC Holdings LLC
	671,625	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		11/21/2031		674,896
		United Natural Foods, Inc.
	358,050	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.08	%		05/01/2031		361,630
		United Talent Agency LLC
	341,550	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.00% Floor)		7.81	%		06/10/2032		342,831

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Univision Communications, Inc.
	740,755	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		06/25/2029		739,522
		Upbound Group, Inc.
	655,113	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/17/2028		658,389
		Vantage Specialty Chemicals, Inc.
	894,204	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.50% Floor)		9.03	%		10/26/2026		868,012
		Veritiv Operating Co.
	318,496	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor)		8.30	%		11/30/2030		320,009
		Vestis Corp.
	636,719	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		02/24/2031		612,842
		Victra Holdings LLC
	566,372	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.75% Floor)		8.55	%		03/29/2029		567,258
		Virgin Media Bristol LLC
	783,482	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.28%, 0.00% Floor)		7.37	%		03/31/2031		774,534
		Voyager Parent LLC
	1,715,000	Senior Secured Term Loan (1 mo. Term SOFR + 4.75%)		9.07	%		05/10/2032		1,699,754
		VT Topco, Inc.
	473,826	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		08/09/2030		475,397
		Wand NewCo 3, Inc.
	428,302	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		01/30/2031		426,884
		WaterBridge Midstream Operating LLC
	775,789	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.01%, 0.00% Floor)		9.31	%		06/27/2029		773,710
		WaterBridge NDB Operating LLC
	456,550	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor)		8.30	%		05/10/2029		457,121
		WestJet Loyalty LP
	408,644	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		02/14/2031		409,205
		Whatabrands LLC
	1,675,789	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%)		6.83	%		08/03/2028		1,678,404
		White Cap Supply Holdings LLC
	806,174	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		10/31/2029		803,002
		WhiteWater Matterhorn Holdings LLC
	185,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		06/16/2032		185,155
		WR Grace Holdings LLC
	473,773	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.50% Floor)		7.55	%		09/22/2028		475,056
		Zayo Group Holdings, Inc.
	377,145	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor)		7.44	%		03/09/2027		359,719
	407,892	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.58	%		03/09/2027		392,808
		Zelis Payments Buyer, Inc.
	825,850	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		11/26/2031		822,580
		Ziggo Financing Partnership
	370,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.00% Floor)		6.93	%		04/28/2028		362,306
		Total Bank Loans (Cost $159,319,859)							157,314,958
	COLLATERALIZED LOAN OBLIGATIONS - 2.8%
		Anchorage Capital CLO Ltd.
	5,000,000	Series 2021-19A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		5.73	%^(a)		10/15/2034		5,008,745

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Anthelion Ltd.
	1,000,000	Series 2025-1A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)		0.00	%^(a)		07/20/2036		997,500
		Babson CLO Ltd./Cayman Islands
	2,000,000	Series 2018-1A-C (3 mo. Term SOFR + 2.86%, 0.00% Floor)		7.12	%^(a)		04/15/2031		1,993,319
		Bain Capital Credit CLO
	500,000	Series 2024-4A-D1 (3 mo. Term SOFR + 3.10%, 3.10% Floor)		7.38	%^(a)		10/23/2037		502,017
	5,000,000	Series 2024-6A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor)		5.65	%^(a)		01/21/2038		5,016,215
		Battalion CLO Ltd.
	3,000,000	Series 2022-23A-A1R (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.68	%^(a)		10/15/2037		3,013,730
		Birch Grove CLO
	10,000,000	Series 2023-5A-A1R (3 mo. Term SOFR + 1.41%, 1.41% Floor)		5.68	%^(a)		10/20/2037		10,044,914
		BlueMountain CLO Ltd.
	2,000,000	Series 2016-3A-DR (3 mo. Term SOFR + 3.36%, 3.10% Floor)		7.69	%^(a)		11/15/2030		1,968,231
	2,400,000	Series 2017-2A-C (3 mo. Term SOFR + 3.26%, 0.00% Floor)		7.53	%^(a)		10/20/2030		2,377,409
	2,500,000	Series 2018-23A-D1R (3 mo. Term SOFR + 3.85%, 3.85% Floor)		8.12	%^(a)		07/20/2037		2,527,117
		Canyon Capital CLO Ltd.
	2,500,000	Series 2012-1RA-D (3 mo. Term SOFR + 3.26%, 0.00% Floor)		7.52	%^(a)		07/15/2030		2,508,656
	2,750,000	Series 2014-1A-CR (3 mo. Term SOFR + 3.01%, 2.75% Floor)		7.29	%^(a)		01/30/2031		2,758,585
		Canyon CLO
	1,000,000	Series 2021-3A-D (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.57	%^(a)		07/15/2034		1,011,010
		Carlyle Global Market Strategies
	9,000,000	Series 2021-9A-D (3 mo. Term SOFR + 3.46%, 3.20% Floor)		7.73	%^(a)		10/20/2034		9,058,110
	1,000,000	Series 2022-5A-D1R (3 mo. Term SOFR + 3.15%, 3.15% Floor)		7.41	%^(a)		10/15/2037		1,005,676
		Cathedral Lake CLO Ltd.
	6,000,000	Series 2021-8A-C (3 mo. Term SOFR + 2.88%, 2.62% Floor)		7.15	%^(a)		01/20/2035		6,028,440
	5,000,000	Series 2021-8A-D1 (3 mo. Term SOFR + 3.68%, 3.42% Floor)		7.95	%^(a)		01/20/2035		5,057,704
		Cent CLO
	9,500,000	Series 2018-27A-DR (3 mo. Term SOFR + 4.09%, 3.83% Floor)		8.37	%^(a)		01/25/2035		9,520,661
		Dryden Senior Loan Fund
	2,200,000	Series 2016-43A-DR3 (3 mo. Term SOFR + 3.51%, 3.25% Floor)		7.78	%^(a)		04/20/2034		2,217,926
		Generate CLO Ltd.
	2,000,000	Series 2023-13A-A1 (3 mo. Term SOFR + 1.80%, 1.80% Floor)		6.07	%^(a)		01/20/2037		2,009,709
		ING Investment Management CLO Ltd.
	3,000,000	Series 2014-1A-CR2 (3 mo. Term SOFR + 3.06%, 0.00% Floor)		7.33	%^(a)		04/18/2031		3,034,547
		Katayma CLO Ltd.
	2,190,000	Series 2023-1A-A1 (3 mo. Term SOFR + 2.00%, 2.00% Floor)		6.27	%^(a)		10/20/2036		2,203,154
		LCM LP
	2,000,000	Series 25A-D (3 mo. Term SOFR + 3.71%, 0.00% Floor)		7.98	%^(a)		07/20/2030		2,010,079
	3,250,000	Series 28A-D (3 mo. Term SOFR + 3.21%, 2.95% Floor)		7.48	%^(a)		10/20/2030		3,083,390
	4,000,000	Series 30A-DR (3 mo. Term SOFR + 3.26%, 3.00% Floor)		7.53	%^(a)		04/20/2031		3,814,620
		LCM XIII LP
	4,000,000	Series 14A-DR (3 mo. Term SOFR + 3.01%, 0.00% Floor)		7.28	%^(a)		07/20/2031		3,988,221
		Madison Park Funding Ltd.
	1,000,000	Series 2023-63A-A1R (3 mo. Term SOFR + 1.40%, 1.40% Floor)		5.72	%^(a)		07/21/2038		1,004,546
		Magnetite CLO Ltd.
	2,000,000	Series 2019-23A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.59	%^(a)		01/25/2035		2,013,430
		Marble Point CLO
	1,500,000	Series 2022-2A-BR (3 mo. Term SOFR + 2.85%, 2.85% Floor)		7.12	%^(a)		10/20/2036		1,512,373
		Menlo CLO Ltd.
	3,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.69	%^(a)		01/20/2038		3,011,359
		Octagon Investment Partners Ltd.
	2,000,000	Series 2013-1A-DR (3 mo. Term SOFR + 3.26%, 3.00% Floor)		7.54	%^(a)		07/17/2030		2,006,816
	10,000,000	Series 2016-1A-DR (3 mo. Term SOFR + 3.21%, 0.00% Floor)		7.47	%^(a)		07/15/2030		10,109,897
	3,500,000	Series 2019-1A-DR (3 mo. Term SOFR + 3.61%, 3.35% Floor)		7.88	%^(a)		01/20/2035		3,423,950

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Octagon Investment Partners XXII LLC
	2,500,000	Series 2014-1A-ERR (3 mo. Term SOFR + 5.71%, 5.71% Floor)		9.98	%^(a)		01/22/2030		2,429,380
		OFSI Fund Ltd.
	1,000,000	Series 2022-11A-BR (3 mo. Term SOFR + 2.80%, 2.80% Floor)		7.07	%^(a)		10/18/2035		1,008,218
		Park Blue CLO Ltd.
	5,000,000	Series 2022-1A-A1R (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.69	%^(a)		10/20/2037		5,026,284
		Sound Point CLO Ltd.
	1,000,000	Series 2018-2A-C (3 mo. Term SOFR + 2.21%, 0.00% Floor)		6.49	%^(a)		07/26/2031		1,002,699
	7,000,000	Series 2019-2A-DR (3 mo. Term SOFR + 3.56%, 3.30% Floor)		7.82	%^(a)		07/15/2034		6,798,941
	7,000,000	Series 2019-3A-DR (3 mo. Term SOFR + 3.76%, 3.76% Floor)		8.04	%^(a)		10/25/2034		6,862,339
	2,000,000	Series 2020-1A-DR (3 mo. Term SOFR + 3.61%, 3.61% Floor)		7.88	%^(a)		07/20/2034		2,005,965
	4,000,000	Series 2020-3A-D (3 mo. Term SOFR + 3.91%, 3.65% Floor)		8.19	%^(a)		01/25/2032		4,006,411
	1,250,000	Series 2021-3A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor)		7.79	%^(a)		10/25/2034		1,213,399
	1,000,000	Series 2021-4A-D (3 mo. Term SOFR + 3.66%, 3.66% Floor)		7.94	%^(a)		10/25/2034		971,025
		Storm King Park CLO Ltd.
	1,000,000	Series 2022-1A-AR (3 mo. Term SOFR + 1.36%, 1.36% Floor)		5.62	%^(a)		10/15/2037		1,004,112
		Symphony CLO Ltd.
	3,000,000	Series 2015-16A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.57	%^(a)		10/15/2031		2,986,009
		Trestles LLC
	10,000,000	Series 2025-8A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor)		5.63	%^(a)		06/11/2035		10,008,437
		Trimaran CAVU LLC
	5,000,000	Series 2021-3A-D (3 mo. Term SOFR + 4.04%, 3.78% Floor)		8.31	%^(a)		01/18/2035		4,987,174
		Upland CLO
	1,000,000	Series 2016-1A-CR (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.43	%^(a)		04/20/2031		997,989
		Voya CLO Ltd.
	4,000,000	Series 2018-2A-D (3 mo. Term SOFR + 3.01%, 2.75% Floor)		7.27	%^(a)		07/15/2031		4,017,230
		Wind River CLO Ltd.
	1,000,000	Series 2014-2A-ER (3 mo. Term SOFR + 6.01%, 5.75% Floor)		10.27	%^(a)		01/15/2031		910,044
	3,000,000	Series 2014-3A-DR2 (3 mo. Term SOFR + 3.66%, 3.40% Floor)		7.93	%^(a)		10/22/2031		3,046,867
	3,000,000	Series 2017-1A-DR (3 mo. Term SOFR + 3.98%, 3.72% Floor)		8.25	%^(a)		04/18/2036		3,008,688
	4,000,000	Series 2018-1A-D (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.42	%^(a)		07/15/2030		4,013,646
	2,000,000	Series 2021-1A-D1R (3 mo. Term SOFR + 3.95%, 3.95% Floor)		8.22	%^(a)		07/20/2037		1,992,482
		Total Collateralized Loan Obligations (Cost $184,176,644)							184,139,395
	FOREIGN CORPORATE BONDS - 5.1%
	2,306,607	Acu Petroleo Luxembourg Sarl		7.50	%		01/13/2032		2,305,476
	1,900,000	Adani Electricity Mumbai Ltd.		3.95	%		02/12/2030		1,704,058
	1,300,000	Adani Electricity Mumbai Ltd.		3.87	%		07/22/2031		1,116,178
	2,720,000	Adani International Container Terminal Pvt Ltd.		3.00	%		02/16/2031		2,397,062
	1,200,000	Adani International Container Terminal Pvt Ltd.		3.00	%^(a)		02/16/2031		1,057,527
	700,000	Adani Ports & Special Economic Zone Ltd.		4.20	%		08/04/2027		674,823
	1,800,000	Adani Ports & Special Economic Zone Ltd.		4.38	%		07/03/2029		1,701,927
	1,200,000	Adani Ports & Special Economic Zone Ltd.		3.10	%		02/02/2031		1,016,301
	1,252,500	Adani Renewable Energy RJ Ltd./Kodangal Solar Parks Pvt Ltd./Wardha Solar Maharash		4.63	%		10/15/2039		1,010,337
	1,800,000	Adani Transmission Step-One Ltd.		4.00	%		08/03/2026		1,781,530
	2,008,550	Adani Transmission Step-One Ltd.		4.25	%		05/21/2036		1,711,462
	3,270,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust		5.10	%		01/19/2029		3,329,640
	4,598,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust (5 yr. CMT Rate + 2.72%)		6.95	%		03/10/2055		4,780,885
	2,600,000	AES Espana BV		5.70	%^(a)		05/04/2028		2,495,402
	1,000,000	Agrosuper SA		4.60	%		01/20/2032		934,222
	812,497	AL Candelaria Spain SA		7.50	%		12/15/2028		811,581
	3,200,000	AL Candelaria Spain SA		5.75	%^(a)		06/15/2033		2,717,920
	1,650,000	AL Candelaria Spain SA		5.75	%		06/15/2033		1,401,427
	800,000	Altice Financing SA		5.00	%^(a)		01/15/2028		602,587
	1,660,000	Altice France SA		5.50	%^(a)		10/15/2029		1,377,800
	2,400,000	AngloGold Ashanti Holdings PLC		3.38	%		11/01/2028		2,292,130

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	2,584,000	ArcelorMittal SA		6.00	%		06/17/2034		2,710,284
	1,305,000	Ardonagh Finco Ltd.		7.75	%^(a)		02/15/2031		1,365,342
	1,500,000	Aris Mining Corp.		8.00	%^(a)		10/31/2029		1,531,627
	3,750,000	Ashtead Capital, Inc.		5.55	%^(a)		05/30/2033		3,789,251
	4,164,000	Aspen Insurance Holdings Ltd.		5.75	%		07/01/2030		4,234,762
	4,349,000	Avolon Holdings Funding Ltd.		5.75	%^(a)		03/01/2029		4,469,354
	5,211,000	Avolon Holdings Funding Ltd.		5.75	%^(a)		11/15/2029		5,367,116
	500,000	Banco Continental SAECA		2.75	%		12/10/2025		495,608
	1,400,000	Banco Davivienda SA (10 yr. CMT Rate + 5.10%)		6.65	%^(a)(g)		04/22/2031		1,247,271
	400,000	Banco Davivienda SA (5 yr. CMT Rate + 4.59%)		8.13	%^(a)		07/02/2035		402,320
	2,000,000	Banco de Bogota SA		6.25	%		05/12/2026		2,007,560
	500,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 3.00%)		3.13	%^(a)		07/01/2030		500,000
	3,240,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 3.00%)		3.13	%		07/01/2030		3,240,000
	3,550,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 2.45%)		3.25	%		09/30/2031		3,445,319
	600,000	Banco do Estado do Rio Grande do Sul SA (5 yr. CMT Rate + 4.93%)		5.38	%		01/28/2031		596,438
	200,000	Banco GNB Sudameris SA (5 yr. CMT Rate + 6.66%)		7.50	%		04/16/2031		197,462
	2,937,000	Banco Industrial SA/Guatemala (5 yr. CMT Rate + 4.44%)		4.88	%		01/29/2031		2,924,518
	5,777,000	Banco Internacional del Peru SAA Interbank (5 yr. CMT Rate + 3.71%)		4.00	%		07/08/2030		5,759,882
	1,400,000	Banco Internacional del Peru SAA Interbank (5 yr. CMT Rate + 2.07%)		6.40	%^(a)		04/30/2035		1,429,610
	2,200,000	Banco Mercantil del Norte SA/Grand Cayman (10 yr. CMT Rate + 5.35%)		7.63	%^(g)		01/10/2028		2,193,833
	200,000	Banco Mercantil del Norte SA/Grand Cayman (10 yr. CMT Rate + 5.47%)		7.50	%^(a)(g)		06/27/2029		198,108
	1,800,000	Banco Mercantil del Norte SA/Grand Cayman (5 yr. CMT Rate + 4.07%)		8.38	%^(a)(g)		05/20/2031		1,825,434
	4,780,000	BAT Capital Corp.		5.63	%		08/15/2035		4,866,039
	4,331,000	BAT Capital Corp.		4.54	%		08/15/2047		3,501,616
	1,200,000	BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX (5 yr. CMT Rate + 4.31%)		5.88	%		09/13/2034		1,180,032
	2,400,000	BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX (5 yr. CMT Rate + 4.21%)		8.13	%		01/08/2039		2,482,366
	2,894,000	Bell Telephone Co. of Canada or Bell Canada (5 yr. CMT Rate + 2.39%)		6.88	%		09/15/2055		2,973,624
	1,200,000	Belron UK Finance PLC		5.75	%^(a)		10/15/2029		1,210,882
	5,384,000	BPCE SA (SOFR + 2.04%)		6.29	%^(a)		01/14/2036		5,656,797
	400,000	BPRL International Singapore Pte Ltd.		4.38	%		01/18/2027		398,391
	1,400,000	Braskem Idesa SAPI		6.99	%		02/20/2032		972,970
	1,000,000	Braskem Netherlands Finance BV		4.50	%		01/31/2030		775,759
	5,023,000	Brookfield Finance, Inc.		5.81	%		03/03/2055		4,915,701
	1,400,000	Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy		7.88	%^(a)		02/15/2039		1,443,464
	4,485,000	CaixaBank SA (SOFR + 2.26%)		6.04	%^(a)		06/15/2035		4,695,073
	2,800,000	Canacol Energy Ltd.		5.75	%		11/24/2028		968,979
	4,895,000	Canadian Imperial Bank of Commerce (SOFR + 1.11%)		5.25	%		01/13/2031		5,015,950
	2,100,000	CAP SA		3.90	%^(a)		04/27/2031		1,689,243
	3,500,000	CAP SA		3.90	%		04/27/2031		2,815,405
	5,151,000	CCL Industries, Inc.		3.05	%^(a)		06/01/2030		4,781,080
	800,000	Cemex SAB de CV (5 yr. CMT Rate + 4.53%)		5.13	%^(g)		06/08/2026		787,364
	500,000	Cemex SAB de CV (5 yr. CMT Rate + 3.52%)		7.20	%^(a)(g)		06/10/2030		505,750

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	400,000	Cencosud SA		4.38	%		07/17/2027		397,108
	4,870,841	Chile Electricity PEC SpA		0.00	%^(a)		01/25/2028		4,306,067
	1,200,000	Cia de Minas Buenaventura SAA		5.50	%		07/23/2026		1,200,216
	379,000	Cometa Energia SAB de CV		6.38	%		04/24/2035		390,875
	3,731,000	Cosan Overseas Ltd.		8.25	%^(g)		08/05/2025		3,767,862
	4,833,000	Credit Agricole SA (SOFR + 1.74%)		5.86	%^(a)		01/09/2036		5,012,375
	2,200,000	CSN Resources SA		5.88	%		04/08/2032		1,811,126
	4,400,000	DBS Group Holdings Ltd. (5 yr. CMT Rate + 1.10%)		1.82	%		03/10/2031		4,318,443
	3,810,000	Diageo Investment Corp.		5.13	%		08/15/2030		3,926,439
	1,782,268	Digicel Group Holdings Ltd.		0.00	%^(a)(b)		12/31/2030		11,104
	618,361	Digicel Group Holdings Ltd.		0.00	%^(a)(b)		12/31/2030		27,038
	4,604,000	Element Fleet Management Corp.		6.32	%^(a)		12/04/2028		4,857,831
	4,720,000	Element Fleet Management Corp.		5.04	%^(a)		03/25/2030		4,763,631
	1,117,080	Empresa Electrica Cochrane SpA		5.50	%		05/14/2027		1,105,239
	1,977,000	Enel Finance International NV		5.13	%^(a)		06/26/2029		2,014,495
	1,700,000	Energuate Trust		5.88	%		05/03/2027		1,692,112
	348,674	Fermaca Enterprises S de RL de CV		6.38	%		03/30/2038		341,364
	724,050	Fideicomiso PA Pacifico Tres		8.25	%		01/15/2035		732,014
	1,031,000	Frigorifico Concepcion SA		7.70	%		07/21/2028		801,940
	1,678,156	Galaxy Pipeline Assets Bidco Ltd.		2.94	%		09/30/2040		1,378,049
	1,295,000	Garda World Security Corp.		4.63	%^(a)		02/15/2027		1,287,840
	1,125,000	Garda World Security Corp.		8.25	%^(a)		08/01/2032		1,155,446
	1,100,000	GCC SAB de CV		3.61	%		04/20/2032		973,068
	1,290,000	GGAM Finance Ltd.		6.88	%^(a)		04/15/2029		1,336,863
	8,234,000	Glencore Funding LLC		5.37	%^(a)		04/04/2029		8,445,205
	2,075,000	Global Aircraft Leasing Co. Ltd.		8.75	%^(a)		09/01/2027		2,129,699
	635,520	GNL Quintero SA		4.63	%		07/31/2029		630,554
	2,100,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%		05/15/2029		2,185,280
	700,000	Gran Tierra Energy, Inc.		9.50	%^(a)		10/15/2029		533,270
	1,460,000	Grifols SA		4.75	%^(a)		10/15/2028		1,404,450
	1,152,435	Guara Norte Sarl		5.20	%		06/15/2034		1,093,020
	1,870,000	Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC		9.00	%^(a)		02/15/2029		1,957,512
	570,000	INEOS Finance PLC		7.50	%^(a)		04/15/2029		571,894
	2,700,000	InRetail Consumer		3.25	%		03/22/2028		2,562,978
	2,400,000	InRetail Shopping Malls		5.75	%		04/03/2028		2,400,336
	900,000	Intercorp Financial Services, Inc.		4.13	%		10/19/2027		875,329
	200,000	Intercorp Peru Ltd.		3.88	%		08/15/2029		188,381
	133,163	Interoceanica IV Finance Ltd. Series 2007		0.00	%^(b)		11/30/2025		129,334
	1,192,690	Invepar Holdings		0.00	%^(b)(f)		12/30/2028		—
	400,000	Itau Unibanco Holding SA/Cayman Island (5 yr. CMT Rate + 3.45%)		3.88	%		04/15/2031		395,787
	3,822,000	JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl		3.75	%		12/01/2031		3,564,197
	923,000	JSW Hydro Energy Ltd.		4.13	%^(a)		05/18/2031		850,373
	2,556,000	JSW Hydro Energy Ltd.		4.13	%		05/18/2031		2,354,878
	2,600,000	JSW Infrastructure Ltd.		4.95	%		01/21/2029		2,549,556
	600,000	KUO SAB De CV		5.75	%		07/07/2027		591,581
	1,824,336	Lima Metro Line 2 Finance Ltd.		4.35	%		04/05/2036		1,717,430
	5,817,000	Lloyds Banking Group PLC (1 yr. CMT Rate + 1.60%)		6.07	%		06/13/2036		5,982,967
	2,512,000	Macquarie Airfinance Holdings Ltd.		5.20	%^(a)		03/27/2028		2,541,762
	2,330,000	Macquarie Airfinance Holdings Ltd.		6.40	%^(a)		03/26/2029		2,434,195
	619,000	Macquarie Airfinance Holdings Ltd.		5.15	%^(a)		03/17/2030		619,082
	492,000	Macquarie Airfinance Holdings Ltd.		6.50	%^(a)		03/26/2031		521,072
	955,000	Mattamy Group Corp.		4.63	%^(a)		03/01/2030		918,635
	500,000	Medco Laurel Tree Pte Ltd.		6.95	%		11/12/2028		495,901
	2,095,000	Merlin Entertainments Group US Holdings, Inc.		7.38	%^(a)		02/15/2031		1,873,442
	2,550,000	Mexarrend SAPI de CV		10.25	%^(a)(f)		07/24/2025		19,125
	1,316,616	Mexico Generadora de Energia S de RL		5.50	%		12/06/2032		1,309,374
	900,000	Millicom International Cellular SA		5.13	%		01/15/2028		890,158
	1,980,000	Millicom International Cellular SA		6.25	%		03/25/2029		1,985,714

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	400,000	Minerva Luxembourg SA		5.88	%		01/19/2028		400,597
	800,000	Minerva Luxembourg SA		8.88	%		09/13/2033		864,675
	1,100,000	Minerva Luxembourg SA		8.88	%^(a)		09/13/2033		1,188,928
	2,000,000	Minsur SA		4.50	%		10/28/2031		1,862,100
	4,703,000	Mitsubishi UFJ Financial Group, Inc. (1 yr. CMT Rate + 1.27%)		5.62	%		04/24/2036		4,837,980
	1,931,162	Mong Duong Finance Holdings BV		5.13	%		05/07/2029		1,888,132
	1,400,000	Movida Europe SA		7.85	%^(a)		04/11/2029		1,293,474
	1,500,000	Movida Europe SA		7.85	%		04/11/2029		1,385,865
	5,112,326	MV24 Capital BV		6.75	%		06/01/2034		4,962,738
	1,660,000	National Bank of Canada		4.50	%		10/10/2029		1,658,872
	5,786,000	NatWest Group PLC (1 yr. CMT Rate + 1.05%)		5.12	%		05/23/2031		5,882,767
	480,000	Nissan Motor Co. Ltd.		4.35	%^(a)		09/17/2027		461,133
	510,000	Nissan Motor Co. Ltd.		4.81	%^(a)		09/17/2030		468,232
	800,000	ONGC Videsh Vankorneft Pte Ltd.		3.75	%		07/27/2026		793,022
	1,265,000	Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.		8.00	%^(a)		08/01/2030		1,270,083
	1,228,000	Orazul Energy Peru SA		5.63	%		04/28/2027		1,217,310
	500,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		1.83	%^(a)		09/10/2030		497,485
	2,300,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		1.83	%		09/10/2030		2,288,432
	2,950,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		4.60	%		06/15/2032		2,955,908
	690,000	Parkland Corp.		4.63	%^(a)		05/01/2030		661,266
	600,000	Periama Holdings		5.95	%		04/19/2026		600,176
	333,360	Peru LNG Srl		5.38	%		03/22/2030		313,739
	4,825,713	Prumo Participacoes e Investimentos S/A		7.50	%		12/31/2031		4,892,245
	1,200,000	Raizen Fuels Finance SA		5.70	%		01/17/2035		1,124,400
	1,000,000	Reliance Industries Ltd.		3.67	%		11/30/2027		982,153
	9,281,000	Renesas Electronics Corp.		2.17	%^(a)		11/25/2026		8,978,736
	2,876,000	Rio Tinto Finance USA PLC		5.75	%		03/14/2055		2,882,452
	4,266,499	Rutas 2 & 7 Finance Ltd.		0.00	%		09/30/2036		3,096,092
	800,000	Saavi Energia Sarl		8.88	%^(a)		02/10/2035		835,800
	900,000	SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA		3.75	%		08/02/2028		845,985
	400,000	Sasol Financing USA LLC		4.38	%		09/18/2026		394,646
	200,000	Scotiabank Peru SAA (1 yr. CMT Rate + 2.31%)		6.10	%^(a)		10/01/2035		203,400
	1,010,000	Seaspan Corp.		5.50	%^(a)		08/01/2029		961,021
	2,840,000	Siemens Funding BV		5.80	%^(a)		05/28/2055		2,924,719
	1,100,000	Simpar Europe SA		5.20	%		01/26/2031		902,000
	4,751,000	Smurfit Kappa Treasury ULC		5.20	%		01/15/2030		4,848,741
	500,000	Telefonica Celular del Paraguay SA		5.88	%		04/15/2027		498,128
	1,241,000	TELUS Corp. (5 yr. CMT Rate + 2.71%)		7.00	%		10/15/2055		1,252,406
	2,168,984	Tierra Mojada Luxembourg II Sarl		5.75	%		12/01/2040		2,050,872
	1,000,000	TK Elevator US Newco, Inc.		5.25	%^(a)		07/15/2027		999,964
	500,000	Transelec SA		3.88	%		01/12/2029		484,532
	1,847,000	Triton Container International Ltd. / TAL International Container Corp.		3.25	%		03/15/2032		1,597,161
	785,000	Trivium Packaging Finance BV		8.25	%^(a)		07/15/2030		830,728
	487,000	Ultrapar International SA		5.25	%		10/06/2026		486,195
	62,116	Unigel Luxembourg SA 13.50% Cash or 15.00% PIK		13.50	%		12/31/2027		50,003
	44,228	Unigel Luxembourg SA 13.50% Cash or 15.00% PIK		13.50	%^(a)		12/31/2027		35,604
	215,781	Unigel Luxembourg SA 11.00% Cash or 12.00% PIK		11.00	%		12/31/2028		60,419
	50,180	Unigel Luxembourg SA 11.00% Cash or 12.00% PIK		11.00	%^(a)		12/31/2028		14,051
	262,805	Unigel Netherlands Holding Corp. BV 15.00% Cash or 15.00% PIK		15.00	%		12/31/2044		8,541
	2,400,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.52%)		1.75	%		03/16/2031		2,352,549

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	2,300,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.23%)		2.00	%		10/14/2031		2,226,882
	1,875,000	Vale Overseas Ltd.		6.40	%		06/28/2054		1,844,567
	1,305,000	Vallourec SACA		7.50	%^(a)		04/15/2032		1,369,611
	4,771,000	Videotron Ltd.		5.70	%^(a)		01/15/2035		4,803,099
	450,000	Wipro IT Services LLC		1.50	%		06/23/2026		436,821
	800,000	Yinson Bergenia Production BV		8.50	%^(a)		01/31/2045		811,864
		Total Foreign Corporate Bonds (Cost $344,568,810)							336,958,176
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.0%
	4,100,000	Banco do Brasil SA/Cayman (10 yr. CMT Rate + 4.40%)		8.75	%^(g)		10/15/2025		4,141,090
	200,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands		5.88	%^(a)		05/07/2030		203,122
	700,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)		2.72	%		08/11/2031		665,031
	1,800,000	Bank Negara Indonesia Persero Tbk PT		3.75	%		03/30/2026		1,781,932
	2,996,719	Bioceanico Sovereign Certificate Ltd.		0.00	%		06/05/2034		2,385,388
	1,800,000	Chile Electricity Lux Mpc II Sarl		5.67	%^(a)		10/20/2035		1,814,408
	186,000	Chile Electricity Lux MPC Sarl		6.01	%		01/20/2033		192,930
	10,700,000	Colombia Government International Bond		4.13	%		05/15/2051		6,117,083
	400,000	Comision Federal de Electricidad		3.35	%		02/09/2031		352,661
	1,300,000	Comision Federal de Electricidad		6.45	%^(a)		01/24/2035		1,284,780
	2,700,000	Corp. Nacional del Cobre de Chile		5.13	%		02/02/2033		2,631,754
	1,550,000	Dominican Republic International Bond		5.50	%		02/22/2029		1,547,055
	9,000,000	Ecopetrol SA		5.88	%		11/02/2051		5,933,034
	1,590,801	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%		01/31/2041		1,616,094
	2,783,901	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%^(a)		01/31/2041		2,828,165
	1,000,000	Guatemala Government Bond		4.50	%		05/03/2026		992,390
	800,000	Guatemala Government Bond		4.88	%		02/13/2028		792,348
	1,800,000	Guatemala Government Bond		5.25	%		08/10/2029		1,791,000
	1,400,000	Guatemala Government Bond		5.38	%		04/24/2032		1,370,502
	4,373,062	Lima Metro Line 2 Finance Ltd.		5.88	%		07/05/2034		4,438,084
	2,800,000	Mexico Government International Bond		4.40	%		02/12/2052		1,971,830
	7,000,000	Mexico Government International Bond		6.34	%		05/04/2053		6,440,700
	2,600,000	Morocco Government International Bond		2.38	%		12/15/2027		2,461,951
	300,000	Morocco Government International Bond		5.95	%		03/08/2028		307,767
	1,600,000	Morocco Government International Bond		3.00	%		12/15/2032		1,356,440
	600,000	Morocco Government International Bond		4.00	%		12/15/2050		409,410
	600,000	OCP SA		4.50	%		10/22/2025		598,291
	3,300,000	OCP SA		6.75	%		05/02/2034		3,425,262
	943,000	Paraguay Government International Bond		4.70	%		03/27/2027		943,519
	1,700,000	Pertamina Persero PT		1.40	%		02/09/2026		1,667,712
	1,100,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara		4.13	%		05/15/2027		1,089,823
	600,000	Petroleos Mexicanos		6.75	%		09/21/2047		434,950
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $71,235,760)							63,986,506
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 4.8%
		Arbor Multifamily Mortgage Securities Trust
	22,775,500	Series 2021-MF2-XB		0.86	%^(a)(c)(h)		06/15/2054		931,397
		AREIT Ltd.
	4,000,000	Series 2024-CRE9-B (1 mo. Term SOFR + 2.54%, 2.54% Floor)		6.85	%^(a)		05/17/2041		3,973,360
		AREIT Trust
	5,650,000	Series 2025-CRE10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		12/17/2029		5,598,421
		Banc of America Re-Remic Trust
	2,638,666	Series 2016-ISQ-C		3.73	%^(a)(c)		08/14/2034		1,020,365
		BANK
	4,016,760	Series 2017-BNK8-XA		0.84	%^(c)(h)		11/15/2050		54,548

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,005,000	Series 2020-BN28-AS		2.14	%		03/15/2063		868,278
	1,910,000	Series 2021-BN32-A4		2.35	%		04/15/2054		1,720,084
	4,009,000	Series 2021-BN35-A5		2.29	%		06/15/2064		3,479,459
	3,109,000	Series 2021-BN37-C		3.21	%^(c)		11/15/2064		2,532,945
	5,600,000	Series 2022-BNK39-AS		3.18	%		02/15/2055		4,975,131
	2,682,000	Series 2022-BNK39-E		2.50	%^(a)		02/15/2055		1,758,819
	163,700,000	Series 2025-BNK50-XA		0.35	%^(c)(h)		05/15/2068		4,783,641
		BANK5 Trust
	5,608,000	Series 2024-5YR10-AS		5.64	%		10/15/2057		5,750,904
	4,810,000	Series 2024-5YR6-A3		6.23	%		05/15/2057		5,067,777
	5,478,000	Series 2024-5YR9-A3		5.61	%		08/15/2057		5,676,382
	3,280,000	Series 2025-5YR15-AS		5.76	%^(c)		06/15/2030		3,386,836
		BBCMS Trust
	4,526,000	Series 2021-C12-A5		2.69	%		11/15/2054		3,996,575
	5,364,000	Series 2022-C14-A5		2.95	%^(c)		02/15/2055		4,773,090
	5,785,000	Series 2022-C16-A5		4.60	%^(c)		06/15/2055		5,707,941
	5,500,000	Series 2024-5C29-A3		5.21	%		09/15/2057		5,613,985
	3,260,000	Series 2025-5C34-A3		5.66	%		05/15/2058		3,403,153
		Benchmark Mortgage Trust
	4,598,000	Series 2020-B18-AGNF		4.14	%^(a)		07/15/2053		4,546,115
	4,549,000	Series 2020-B19-AS		2.15	%		09/15/2053		3,738,511
	88,522,584	Series 2021-B28-XA		1.37	%^(c)(h)		08/15/2054		4,752,016
	5,650,000	Series 2022-B32-AS		3.53	%^(c)		01/15/2055		4,913,451
	1,315,000	Series 2023-B38-A2		5.63	%		04/15/2056		1,346,372
	5,600,000	Series 2024-V10-A3		5.28	%		09/15/2057		5,734,649
	4,793,000	Series 2024-V11-A3		5.91	%^(c)		11/15/2057		5,028,726
	5,000,000	Series 2024-V8-A2		5.71	%		07/15/2057		5,197,183
	4,791,000	Series 2024-V8-A3		6.19	%^(c)		07/15/2057		5,057,533
	5,443,000	Series 2024-V9-A3		5.60	%		08/15/2057		5,632,501
	3,338,000	Series 2025-V15-AS		6.17	%		06/15/2058		3,510,886
		BMO Mortgage Trust
	653,000	Series 2024-5C3-AS		6.29	%^(c)		02/15/2057		678,555
	5,539,000	Series 2024-5C6-A3		5.32	%		09/15/2057		5,674,992
	3,729,000	Series 2024-5C7-AS		5.89	%^(c)		11/15/2057		3,852,736
	4,874,000	Series 2025-5C11-AS		5.94	%		07/15/2058		5,078,815
		BSPRT Co.-Issuer LLC
	5,580,000	Series 2023-FL10-B (1 mo. Term SOFR + 3.27%, 3.27% Floor)		7.58	%^(a)		09/15/2035		5,609,764
		BX Trust
	3,740,000	Series 2019-OC11-E		4.08	%^(a)(c)		12/09/2041		3,436,754
		CFCRE Commercial Mortgage Trust
	2,047,939	Series 2016-C6-A2		2.95	%		11/10/2049		2,016,653
	3,267,000	Series 2017-C8-B		4.20	%^(c)		06/15/2050		3,134,175
		Citigroup Commercial Mortgage Trust
	32,109,278	Series 2016-P3-XA		1.81	%^(c)(h)		04/15/2049		228,583
	38,250,452	Series 2016-P4-XA		2.04	%^(c)(h)		07/10/2049		401,025
	63,890,034	Series 2016-P5-XA		1.51	%^(c)(h)		10/10/2049		586,638
	4,534,000	Series 2019-GC41-B		3.20	%		08/10/2056		3,979,800
	3,980,000	Series 2020-555-F		3.62	%^(a)(c)		12/10/2041		3,372,818
	4,594,000	Series 2022-GC48-A5		4.74	%^(c)		05/15/2054		4,558,947
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	49,996,902	Series 2016-C1-XA		1.51	%^(c)(h)		05/10/2049		129,277
		Commercial Mortgage Pass Through Certificates
	1,143,577	Series 2014-CR16-B		4.58	%		04/10/2047		1,105,193
	3,325,000	Series 2015-CR25-B		4.69	%^(c)		08/10/2048		3,309,923
	29,904,233	Series 2015-CR26-XA		0.99	%^(c)(h)		10/10/2048		673
	4,310,000	Series 2015-LC21-C		4.52	%^(c)		07/10/2048		4,163,863
	35,113,805	Series 2016-DC2-XA		1.05	%^(c)(h)		02/10/2049		49,454
		Computershare Corporate Trust
	4,891,000	Series 2015-C31-C		4.79	%^(c)		11/15/2048		4,793,081
	37,104,766	Series 2015-P2-XA		1.05	%^(c)(h)		12/15/2048		51,865
	55,593,918	Series 2016-NXS6-XA		1.68	%^(c)(h)		11/15/2049		474,416
	2,638,000	Series 2018-C45-C		4.73	%		06/15/2051		2,532,775
	3,546,000	Series 2018-C48-C		5.30	%^(c)		01/15/2052		3,279,211

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	18,903,733	Series 2019-C49-XA		1.41	%^(c)(h)		03/15/2052		631,897
	5,500,000	Series 2019-C50-C		4.35	%		05/15/2052		4,980,348
	2,705,000	Series 2020-C55-B		3.14	%		02/15/2053		2,447,887
	998,486	Series 2020-C58-A3		1.81	%		07/15/2053		887,184
	5,510,000	Series 2020-C58-B		2.70	%		07/15/2053		4,658,808
	116,642,175	Series 2021-C59-XA		1.62	%^(c)(h)		04/15/2054		7,218,483
		Credit Suisse Mortgage Capital Certificates
	6,380,000	Series 2021-B33-B		3.77	%^(a)(c)		10/10/2043		5,644,550
		CSAIL Commercial Mortgage Trust
	33,804,214	Series 2016-C6-XA		2.01	%^(c)(h)		01/15/2049		159,742
	5,500,000	Series 2019-C16-B		3.88	%		06/15/2052		5,190,899
	61,687,171	Series 2020-C19-XA		1.21	%^(c)(h)		03/15/2053		2,357,295
		DOLP Trust
	4,070,000	Series 2021-NYC-D		3.70	%^(a)(c)		05/10/2041		3,509,674
		GS Mortgage Securities Corp. II
	254,176	Series 2011-GC5-XA		0.09	%^(a)(c)(h)		08/10/2044		163
	3,031,000	Series 2014-GC26-D		4.55	%^(a)(c)		11/10/2047		1,765,588
	2,635,000	Series 2015-GC32-B		4.54	%^(c)		07/10/2048		2,620,492
	73,552,142	Series 2015-GS1-XA		0.85	%^(c)(h)		11/10/2048		121,773
	1,825,000	Series 2016-GS2-C		4.85	%^(c)		05/10/2049		1,764,642
	43,039,401	Series 2016-GS2-XA		1.88	%^(c)(h)		05/10/2049		224,085
	2,588,000	Series 2018-RIVR-C (1 mo. Term SOFR + 1.55%, 1.50% Floor)		5.86	%^(a)		07/15/2035		135,843
	1,070,000	Series 2019-GC42-A3		2.75	%		09/10/2052		997,528
		JP Morgan Chase Commercial Mortgage Securities
	43,918,401	Series 2015-JP1-XA		1.03	%^(c)(h)		01/15/2049		85,676
	7,958,000	Series 2020-LOOP-E		3.99	%^(a)(c)		12/05/2038		1,338,544
		JPMBB Commercial Mortgage Securities Trust
	8,234,760	Series 2014-C25-XA		0.61	%^(c)(h)		11/15/2047		100
	7,860,000	Series 2015-C27-D		3.95	%^(a)(c)		02/15/2048		2,054,997
	25,173,450	Series 2015-C30-XA		0.47	%^(c)(h)		07/15/2048		302
	12,477,167	Series 2015-C31-XA		0.89	%^(c)(h)		08/15/2048		228
		JPMDB Commercial Mortgage Securities Trust
	7,675,000	Series 2016-C2-AS		3.48	%		06/15/2049		7,171,687
	42,862,058	Series 2016-C2-XA		1.62	%^(c)(h)		06/15/2049		252,406
		LoanCore
	5,000,000	Series 2021-CRE5-C (1 mo. Term SOFR + 2.46%, 2.46% Floor)		6.78	%^(a)		07/15/2036		4,942,220
	5,650,000	Series 2025-CRE8-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		08/17/2042		5,607,862
		LSTAR Commercial Mortgage Trust
	5,425,000	Series 2016-4-C		4.69	%^(a)(c)		03/10/2049		5,262,289
		MF1 Multifamily Housing Mortgage Loan Trust
	910,000	Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.00	%^(a)		08/18/2041		913,301
	5,650,000	Series 2025-FL17-A (1 mo. Term SOFR + 1.32%, 1.32% Floor)		5.63	%^(a)		02/18/2040		5,652,311
		Morgan Stanley Bank of America Merrill Lynch Trust
	39,349,087	Series 2016-C30-XA		1.41	%^(c)(h)		09/15/2049		348,318
	6,364,000	Series 2017-C33-B		4.11	%		05/15/2050		6,130,032
		Morgan Stanley Capital I Trust
	22,547,312	Series 2016-UB11-XA		1.57	%^(c)(h)		08/15/2049		225,412
		Natixis Commercial Mortgage Securities Trust
	2,108,000	Series 2018-FL1-C (Prime Rate + 0.00%, 0.00% Floor)		7.50	%^(a)		06/15/2035		1,123,469
		NJ Trust
	2,300,000	Series 2023-GSP-A		6.70	%^(a)(c)		01/06/2029		2,421,443
		Ready Capital Corp.
	4,750,000	Series 2021-FL7-C (1 mo. Term SOFR + 2.31%, 2.20% Floor)		6.63	%^(a)		11/25/2036		4,764,573
		SG Commercial Mortgage Securities LLC
	1,789,000	Series 2016-C5-B		3.93	%		10/10/2048		1,717,426
	37,438,833	Series 2016-C5-XA		1.98	%^(c)(h)		10/10/2048		385,538
		SLG Office Trust
	4,110,000	Series 2021-OVA-E		2.85	%^(a)		07/15/2041		3,468,608

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		UBS Commercial Mortgage Trust
	2,491,000	Series 2017-C6-B		4.15	%^(c)		12/15/2050		2,312,344
	1,450,000	Series 2017-C7-B		4.29	%^(c)		12/15/2050		1,396,245
	6,958,000	Series 2017-C7-C		4.73	%^(c)		12/15/2050		6,613,934
	2,896,000	Series 2018-C12-C		5.19	%^(c)		08/15/2051		2,615,845
		UBS-Barclays Commercial Mortgage Trust
	1,503,790	Series 2013-C5-B		3.65	%^(a)(c)		03/10/2046		1,438,751
	5,800,000	Series 2013-C5-C		3.84	%^(a)(c)		03/10/2046		5,267,385
		VEGAS Trust
	2,775,000	Series 2024-TI-A		5.52	%^(a)		11/10/2039		2,813,949
		Wachovia Bank Commercial Mortgage Trust
	5,399	Series 2006-C29-IO		0.49	%^(c)(h)		11/15/2048		12
		Wells Fargo Commercial Mortgage Trust
	4,784,000	Series 2025-5C4-A3		5.67	%		05/15/2058		4,989,333
		WF-RBS Commercial Mortgage Trust
	4,835,919	Series 2014-C22-XA		0.39	%^(c)(h)		09/15/2057		1,057
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $414,343,473)							313,663,498
	NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 10.3%
		Adjustable Rate Mortgage Trust
	17,597	Series 2007-3-1A1		5.13	%^(a)(c)		11/25/2037		17,396
		AlphaFlow Transitional Mortgage Trust
	910,728	Series 2021-WL1-A1		3.28	%^(a)(i)		01/25/2026		863,835
		AMSR Trust
	10,000,000	Series 2021-SFR1-F		3.60	%^(a)		06/17/2038		9,303,334
	3,000,000	Series 2021-SFR2-E1		2.48	%^(a)		08/17/2038		2,896,638
	2,500,000	Series 2021-SFR2-E2		2.58	%^(a)		08/17/2038		2,413,931
	4,500,000	Series 2021-SFR2-F1		3.28	%^(a)		08/17/2038		4,364,174
	2,000,000	Series 2021-SFR2-F2		3.67	%^(a)		08/17/2038		1,940,947
	8,900,000	Series 2023-SFR2-A		3.95	%^(a)		06/17/2040		8,689,948
		Argent Securities, Inc. Asset-Backed Pass-Through Certificates
	10,572,907	Series 2006-M1-A2C (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%		07/25/2036		2,847,666
	13,463,179	Series 2006-M1-A2D (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.91	%		07/25/2036		3,625,782
		Banc of America Funding Corp.
	129,514	Series 2005-G-A3		2.27	%^(c)		10/20/2035		89,343
	49,555	Series 2006-2-6A2		5.50	%		03/25/2036		49,536
	76,597	Series 2006-6-1A2		6.25	%		08/25/2036		66,877
		Bear Stearns Asset Backed Securities Trust
	256,094	Series 2007-SD1-1A3A		6.50	%		10/25/2036		89,942
		CAFL Issuer LLC
	2,380,021	Series 2021-RTL1-A1		4.24	%^(a)(i)		03/28/2029		2,380,128
		Carrington Mortgage Loan Trust
	4,918,111	Series 2006-NC5-A3 (1 mo. Term SOFR + 0.26%, 0.15% Floor, 14.50% Cap)		4.58	%		01/25/2037		4,394,838
		Chase Mortgage Finance Corp.
	772,277	Series 2007-S3-2A1		5.50	%		05/25/2037		8
		CIM Trust
	6,953,000	Series 2020-R2-M2		3.00	%^(a)(c)		10/25/2059		5,605,025
		Citigroup Mortgage Loan Trust, Inc.
	3,705,480	Series 2007-OPX1-A1A (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.57	%		01/25/2037		1,642,491
	22,225,579	Series 2019-A-PT1		3.92	%^(a)		10/25/2058		18,499,794
	37,450,942	Series 2021-RP2-A1		1.75	%^(a)(c)		03/25/2065		33,704,796
	5,674,000	Series 2021-RP2-M1		3.25	%^(a)(c)		03/25/2065		4,828,323
	4,752,000	Series 2021-RP2-M2		3.40	%^(a)(c)		03/25/2065		3,897,865
	4,413,000	Series 2021-RP2-M3		3.40	%^(a)(c)		03/25/2065		3,446,832
	12,946,942	Series 2021-RP2-PT1		5.59	%^(a)(c)		03/25/2065		10,691,287
		Citimortgage Alternative Loan Trust
	49,121	Series 2006-A2-A2		6.00	%		05/25/2036		46,600
	27,197	Series 2006-A5-3A3Pool 2006-A5		6.00	%		10/25/2036		24,459
	197,709	Series 2007-A1-1A7		6.00	%		01/25/2037		178,211
	6,179,954	Series 2007-A2-1A5		6.00	%		02/25/2037		5,532,560
	2,786,588	Series 2007-A5-1A10		5.75	%		05/25/2037		2,590,840

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		CitiMortgage, Inc.
	18,027	Series 2005-1-1A4		5.50	%		02/25/2035		17,654
		Colony American Finance Ltd.
	1,000,000	Series 2020-4-E		3.38	%^(a)		12/15/2052		862,568
		Countrywide Alternative Loan Trust
	55,841	Series 2005-20CB-1A1		5.50	%		07/25/2035		44,631
	117,565	Series 2005-28CB-3A6		6.00	%		08/25/2035		45,070
	11,578,658	Series 2005-37T1-A5 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 5.50% Cap)		4.88	%		09/25/2035		7,041,317
	397,182	Series 2005-46CB-A22		5.25	%		10/25/2035		269,079
	6,315,413	Series 2005-49CB-A2		5.50	%		11/25/2035		4,020,708
	57,829	Series 2005-J10-1A13 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.50% Cap)		5.13	%		10/25/2035		33,747
	245,914	Series 2006-26CB-A9		6.50	%		09/25/2036		120,851
	5,755,171	Series 2006-42-1A8		6.00	%		01/25/2047		2,942,319
	925,796	Series 2007-12T1-A1		6.00	%		06/25/2037		411,845
	5,862,076	Series 2007-12T1-A3		6.00	%		06/25/2037		2,607,772
	996,799	Series 2007-16CB-2A1 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.88	%		08/25/2037		321,849
	288,648	Series 2007-16CB-2A2 (-8 x 1 mo. Term SOFR + 53.63%, 0.00% Floor, 54.58% Cap)		17.64	%^(j)		08/25/2037		367,453
	52,684	Series 2007-17CB-1A10 (-5 x 1 mo. Term SOFR + 29.37%, 0.00% Floor, 29.90% Cap)		9.51	%^(j)		08/25/2037		44,628
	234,457	Series 2007-18CB-2A17		6.00	%		08/25/2037		138,221
	1,286,582	Series 2007-23CB-A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap)		4.93	%		09/25/2037		460,660
	1,263,848	Series 2007-23CB-A4 (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap)		2.07	%^(h)(j)		09/25/2037		194,938
	5,452,090	Series 2007-8CB-A1		5.50	%		05/25/2037		2,731,003
	4,081,524	Series 2007-OA8-2A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.79	%		06/25/2047		3,214,898
		Countrywide Home Loan Mortgage Pass Through Trust
	137,533	Series 2005-28-A7		5.25	%		11/01/2035		70,790
	404,113	Series 2007-10-A5		6.00	%		07/25/2037		176,479
	141,298	Series 2007-15-1A16		6.25	%		09/25/2037		84,449
	422,295	Series 2007-3-A17		6.00	%		04/25/2037		193,862
		Credit Suisse First Boston Mortgage Securities Corp.
	46,375	Series 2005-10-5A5		5.50	%		11/25/2035		33,298
		Credit Suisse Management LLC
	488,796	Series 2005-8-1A3		5.25	%		09/25/2035		382,773
		Credit Suisse Mortgage Capital Certificates
	2,364,895	Series 2006-4-6A1		6.00	%		05/25/2036		826,632
	19,564	Series 2006-4-7A1		5.50	%		05/25/2056		11,379
	62,272	Series 2007-1-3A1		6.00	%		02/25/2026		7,179
	7,897	Series 2007-2-2A1		5.00	%		03/25/2037		5,723
	3,010,948	Series 2009-3R-19A2		6.00	%^(a)		01/27/2038		1,308,540
	513,373	Series 2010-4R-3A17		6.00	%^(a)(c)		06/26/2037		467,063
	26,831,074	Series 2020-RPL1-PT1		3.30	%^(a)(c)		10/25/2069		21,719,049
	9,035,400	Series 2020-RPL4-M1		2.50	%^(a)		01/25/2060		6,994,968
		Credit-Based Asset Servicing and Securitization LLC
	5,490,727	Series 2007-RP1-A (1 mo. Term SOFR + 0.42%, 0.31% Floor)		4.75	%^(a)		05/25/2046		4,841,211
		Deutsche ALT-A Securities, Inc.
	3,894,871	Series 2005-6-2A1		5.50	%		12/25/2035		3,278,429
	3,305,728	Series 2005-AR2-2A1		5.00	%^(c)		10/25/2035		2,132,812
		Deutsche Mortgage Securities, Inc.
	334,328	Series 2006-PR1-3A1		5.93	%^(a)(j)		04/15/2036		307,778
	16,922	Series 2006-PR1-4AI2		6.15	%^(a)(j)		04/15/2036		16,405
	546,232	Series 2006-PR1-5AI4		5.93	%^(a)(j)		04/15/2036		519,348
		First Franklin Mortgage Loan Asset Backed Certificates
	15,984,000	Series 2006-FF15-A6 (1 mo. Term SOFR + 0.42%, 0.31% Floor)		4.74	%		11/25/2036		13,579,519
	9,892,498	Series 2007-FF2-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		03/25/2037		5,134,684
		First Horizon Alternative Mortgage Securities
	192,879	Series 2006-FA2-1A5		6.00	%		05/25/2036		74,720
	32,622	Series 2006-RE1-A1		5.50	%^(c)		05/25/2035		20,726

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Freedom Mortgage Parent LLC
	16,440,000	Series 2021-GT2-A		3.85	%^(a)(c)		10/25/2026		15,661,181
		GCAT
	6,944,000	Series 2021-NQM6-M1		3.41	%^(a)(c)		08/25/2066		5,267,897
		GMAC Mortgage Corp. Loan Trust
	1,050,009	Series 2006-J1-A6		5.75	%		04/25/2036		901,931
		GS Mortgage-Backed Securities Trust
	7,546,000	Series 2020-NQM1-M1		3.29	%^(a)(c)		09/27/2060		7,120,166
	7,000,000	Series 2025-NQM2-A1		5.65	%^(a)(c)		06/25/2065		7,077,966
	3,000,000	Series 2025-NQM2-A3		5.90	%^(a)(c)		06/25/2065		3,036,153
		GSAA Trust
	2,835	Series 2005-7-AF5		5.11	%⁽ⁱ⁾		05/25/2035		2,804
	929,407	Series 2007-10-A2A		6.50	%		11/25/2037		336,147
		GSR Mortgage Loan Trust
	1,418,665	Series 2006-3F-4A1		6.00	%		03/25/2036		762,004
	22,702,102	Series 2006-OA1-1A1 (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.87	%		08/25/2046		4,784,343
	29,741	Series 2007-1F-2A2		5.50	%		01/25/2037		121,663
		Home Partners of America Trust
	2,452,437	Series 2021-1-D		2.48	%^(a)		09/17/2041		2,148,714
	1,127,290	Series 2021-1-E		2.58	%^(a)		09/17/2041		970,437
	1,268,617	Series 2021-1-F		3.33	%^(a)		09/17/2041		1,078,321
		Homeward Opportunities Fund I Trust
	5,250,000	Series 2020-2-M1		3.90	%^(a)(c)		05/25/2065		5,083,360
		HSI Asset Securitization Corp.
	21,388,494	Series 2006-HE1-1A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		10/25/2036		5,839,119
	8,720,435	Series 2007-NC1-A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.79	%		04/25/2037		5,684,492
		Impac Secured Assets CMN Owner Trust
	20,296,395	Series 2006-5-1A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor, 11.50% Cap)		4.97	%		02/25/2037		18,698,659
		Imperial Fund Mortgage Trust
	2,728,000	Series 2021-NQM4-M1		3.45	%^(a)(c)		01/25/2057		2,095,309
		Indymac IMSC Mortgage Loan Trust
	1,271,544	Series 2007-HOA1-A11 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.79	%		07/25/2047		834,974
	1,264,468	Series 2007-HOA1-A24 (1 mo. Term SOFR + 0.73%, 0.62% Floor)		5.05	%		07/25/2047		832,835
		Invitation Homes Trust
	13,127,000	Series 2024-SFR1-D		4.25	%^(a)		09/17/2041		12,514,616
		JP Morgan Alternative Loan Trust
	1,728,088	Series 2005-A2-1M1 (1 mo. Term SOFR + 0.80%, 0.69% Floor, 11.50% Cap)		5.12	%		01/25/2036		1,690,659
	1,682,553	Series 2006-S3-A4		6.81	%⁽ⁱ⁾		08/25/2036		1,653,270
	19,040	Series 2006-S3-A6		6.62	%⁽ⁱ⁾		08/25/2036		18,961
	19,559	Series 2006-S4-A6		6.21	%⁽ⁱ⁾		12/25/2036		20,201
		JP Morgan Mortgage Acquisition Corp.
	12,732,719	Series 2006-WMC2-A5 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		07/25/2036		5,925,031
	14,530,648	Series 2006-WMC3-A4 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%		08/25/2036		10,909,836
	12,202,687	Series 2006-WMC4-A5 (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.85	%		12/25/2036		6,362,235
		JP Morgan Mortgage Trust
	156,568	Series 2007-S3-1A7		6.00	%		08/25/2037		68,034
		Legacy Mortgage Asset Trust
	19,721,123	Series 2019-RPL3-PT1		0.00	%^(a)		06/25/2058		17,422,040
	7,490,968	Series 2021-GS3-A2		7.25	%^(a)(i)		07/25/2061		7,434,728
		Lehman Mortgage Trust
	368,364	Series 2006-3-1A5		6.00	%		07/25/2036		173,724
	24,343	Series 2006-9-1A19 (-5 x 1 mo. Term SOFR + 30.16%, 0.00% Floor, 30.68% Cap)		10.29	%^(j)		01/25/2037		21,410
	85,250	Series 2007-2-1A1		5.75	%		02/25/2037		56,136

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Lehman XS Trust
	2,776,980	Series 2005-9N-1A1 (1 mo. Term SOFR + 0.38%, 0.27% Floor)		4.70	%		02/25/2036		2,579,660
	2,213,517	Series 2007-1-1A2 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.75	%		02/25/2037		2,142,721
	8,602,436	Series 2007-15N-3A1 (1 mo. Term SOFR + 0.36%, 0.25% Floor)		4.68	%		08/25/2047		7,168,260
	7,632,205	Series 2007-3-2A3 (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.91	%		03/25/2037		7,103,816
		Long Beach Mortgage Loan Trust
	32,934,718	Series 2006-2-2A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.81	%		03/25/2046		11,646,810
	12,775,231	Series 2006-3-2A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.79	%		05/25/2046		3,829,571
	14,969,325	Series 2006-6-2A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.73	%		07/25/2036		5,930,007
		MASTR Alternative Loans Trust
	73,761	Series 2005-2-3A1		6.00	%		03/25/2035		58,373
	4,460,575	Series 2006-1-A5		6.00	%		02/25/2036		1,915,683
	32,221	Series 2007-1-2A7		6.00	%		10/25/2036		8,833
		MASTR Asset Backed Securities Trust
	10,250,766	Series 2005-NC2-A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		11/25/2035		5,788,213
		MASTR Asset Securitization Trust
	704,414	Series 2006-2-1A11 (1 mo. Term SOFR + 6.00%, 6.00% Floor)		6.00	%		06/25/2036		398,046
		Merrill Lynch Alternative Note Asset
	1,615,650	Series 2007-F1-2A8		6.00	%		03/25/2037		533,603
		Merrill Lynch Mortgage Investors, Inc.
	4,764,489	Series 2007-MLN1-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		03/25/2037		3,686,685
		Morgan Stanley ABS Capital I, Inc.
	7,099,339	Series 2006-HE5-A2C (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.71	%		08/25/2036		3,539,927
		Morgan Stanley Mortgage Loan Trust
	19,538	Series 2004-1-1A1		5.00	%		11/25/2033		14,062
	381,114	Series 2005-7-7A4		5.50	%		11/25/2035		350,820
	1,351,815	Series 2006-7-3A		5.08	%^(c)		06/25/2036		715,769
	23,781,594	Series 2007-2AX-2A2 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.75	%		12/25/2036		8,084,253
	7,420,266	Series 2007-7AX-2A1 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.67	%		04/25/2037		1,935,657
		MortgageIT Trust
	13,101,765	Series 2007-1-2A11 (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.87	%		06/25/2047		11,308,175
		New Century Home Equity Loan Trust
	6,000,000	Series 2005-B-M2 (1 mo. Term SOFR + 0.85%, 0.74% Floor)		5.17	%		10/25/2035		5,208,778
		Nomura Asset Acceptance Corp.
	157,197	Series 2006-AP1-A2		5.52	%^(c)		01/25/2036		45,117
		Nomura Home Equity Loan, Inc.
	488,281	Series 2006-AF1-A2		6.30	%⁽ⁱ⁾		10/25/2036		100,912
	806,533	Series 2007-1-1A1		6.56	%⁽ⁱ⁾		02/25/2037		214,303
		NRZ Excess Spread-Collateralized Notes
	2,013,351	Series 2020-PLS1-A		3.84	%^(a)		12/25/2025		1,993,622
		Option One Mortgage Loan Trust
	25,623	Series 2004-3-M3 (1 mo. Term SOFR + 1.09%, 0.98% Floor)		5.41	%		11/25/2034		27,003
	15,158,631	Series 2007-6-1A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%		07/25/2037		13,472,110
		PennyMac Mortgage Investment Trust
	15,000,000	Series 2021-FT1-A (1 mo. Term SOFR + 3.11%, 3.12% Floor)		7.43	%^(a)		03/25/2026		15,082,367
		PR Mortgage Loan Trust
	4,216,852	Series 2014-1-APT		5.86	%^(a)(c)		10/25/2049		4,037,698
		Pretium Mortgage Credit Partners LLC
	3,298,268	Series 2021-RN2-A1		4.74	%^(a)(i)		07/25/2051		3,282,161
	13,386,637	Series 2024-NPL6-A1		5.93	%^(a)(i)		10/25/2054		13,375,099
		Progress Residential Trust
	3,404,000	Series 2021-SFR6-E2		2.53	%^(a)		07/17/2038		3,315,252
	4,666,000	Series 2021-SFR6-F		3.42	%^(a)		07/17/2038		4,576,126
	5,100,000	Series 2021-SFR8-F		3.18	%^(a)		10/17/2038		4,955,643
		PRPM LLC
	4,000,000	Series 2025-4-A1		6.18	%^(a)(i)		06/25/2030		4,054,140
		RALI Trust
	97,156	Series 2005-QS14-3A3		6.00	%		09/25/2035		85,626

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	129,107	Series 2006-QS10-A4		5.75	%		08/25/2036		110,332
	1,408,819	Series 2006-QS10-A9		6.50	%		08/25/2036		1,251,642
	1,526,036	Series 2006-QS4-A10		6.00	%		04/25/2036		1,247,247
	297,890	Series 2006-QS6-1A15		6.00	%		06/25/2036		244,040
	1,509	Series 2006-QS6-2A1		6.00	%		12/25/2025		—
	19,032,812	Series 2007-QH5-AII (1 mo. Term SOFR + 0.57%, 0.46% Floor)		4.89	%		06/25/2037		8,454,101
	518,318	Series 2007-QS3-A4		6.25	%		02/25/2037		429,904
	1,820,568	Series 2007-QS9-A33		6.50	%		07/25/2037		1,504,014
		RAMP Trust
	11,500,000	Series 2006-NC1-M2 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 14.00% Cap)		5.03	%		01/25/2036		9,960,385
		RBSGC Mortgage Pass Through Certificates
	6,048,890	Series 2005-A-3A		6.00	%		04/25/2035		2,163,386
		Residential Asset Securitization Trust
	154,641	Series 2005-A10-A3		5.50	%		09/25/2035		70,807
	219,124	Series 2005-A11-2A4		6.00	%		10/25/2035		92,612
	1,611,824	Series 2006-A6-1A1		6.50	%		07/25/2036		429,702
	109,588	Series 2006-R1-A1 (-4 x 1 mo. Term SOFR + 27.94%, 0.00% Floor, 28.40% Cap)		10.67	%^(j)		01/25/2046		96,317
		Residential Mortgage Loan Trust
	5,154,000	Series 2020-1-M1		3.24	%^(a)(c)		01/26/2060		5,013,418
		RFMSI Trust
	33,075	Series 2006-S10-1A2		6.00	%		10/25/2036		26,878
	363,463	Series 2007-S2-A4		6.00	%		02/25/2037		279,574
	266,885	Series 2007-S3-1A4		6.00	%		03/25/2037		193,906
		Saxon Asset Securities Trust
	7,695,758	Series 2005-2-M4 (1 mo. Term SOFR + 1.06%, 0.95% Floor, 11.50% Cap)		5.38	%		10/25/2035		5,405,433
		Securitized Asset Backed Receivables LLC
	13,689,917	Series 2007-BR3-A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 100.00% Cap)		4.75	%^(a)		04/25/2037		9,217,328
	17,134,836	Series 2007-BR3-A2A (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.57	%		04/25/2037		11,422,150
	12,154,538	Series 2007-BR3-A2B (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.87	%		04/25/2037		8,101,757
	2,186,398	Series 2007-BR3-A2C (1 mo. Term SOFR + 0.67%, 0.56% Floor)		4.99	%		04/25/2037		1,457,334
	19,085,105	Series 2007-HE1-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.75	%		12/25/2036		4,105,901
		Securitized Mortgage Asset Loan Trust
	21,058,384	Series 2015-1-PC		2.99	%^(a)(c)		02/25/2054		18,213,194
		Sequoia Mortgage Trust
	2,844,502	Series 2007-3-2AA1		4.50	%^(c)		07/20/2037		2,252,718
		Soundview Home Equity Loan Trust
	6,032,403	Series 2007-OPT4-1A1 (1 mo. Term SOFR + 1.11%, 1.00% Floor)		5.43	%		09/25/2037		4,381,164
		Starwood Mortgage Residential Trust
	5,910,000	Series 2020-1-B1		3.73	%^(a)(c)		02/25/2050		5,058,116
		Structured Asset Investment Loan Trust
	9,923,794	Series 2006-BNC3-A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.61	%		09/25/2036		6,130,150
		Structured Asset Securities Corp.
	612,475	Series 2005-RF1-A (1 mo. Term SOFR + 0.46%, 0.35% Floor)		4.78	%^(a)		03/25/2035		551,217
	612,475	Series 2005-RF1-AIO		0.00	%^(a)(c)(h)		03/25/2035		844
		Velocity Commercial Capital Loan Trust
	920,215	Series 2018-1-M1		3.91	%^(a)		04/25/2048		880,330
	503,741	Series 2018-1-M2		4.26	%^(a)		04/25/2048		475,490
	310,595	Series 2018-1-M3		4.41	%^(a)		04/25/2048		289,102
	1,237,509	Series 2019-1-M1		3.94	%^(a)(c)		03/25/2049		1,157,525
	599,769	Series 2019-1-M2		4.01	%^(a)(c)		03/25/2049		548,317
	523,752	Series 2019-1-M3		4.12	%^(a)(c)		03/25/2049		472,045
		Vericrest Opportunity Loan Transferee
	1,704,672	Series 2021-CF1-A1		4.99	%^(a)(i)		08/25/2051		1,705,990
	1,226,001	Series 2021-CF2-A1		5.49	%^(a)(i)		11/27/2051		1,224,098
	221,944	Series 2021-NPL5-A1		6.12	%^(a)(i)		03/27/2051		222,043
	598,408	Series 2021-NPL6-A1		6.24	%^(a)(i)		04/25/2051		598,266

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		WaMu Mortgage Pass Through Certificates
	3,856,834	Series 2006-AR13-1A (12 Month US Treasury Average + 0.88%, 0.88% Floor)		5.28	%		10/25/2046		3,320,153
	1,222,198	Series 2006-AR19-2A (12 Month US Treasury Average + 1.25%, 1.25% Floor)		5.65	%		01/25/2047		1,125,187
	3,824,919	Series 2007-HY7-2A1		4.06	%^(c)		07/25/2037		3,430,984
		Washington Mutual Alternative Mortgage Pass-Through Certificates
	65,622	Series 2005-1-2A		6.00	%		03/25/2035		57,190
	337,598	Series 2006-1-3A1		5.75	%		02/25/2036		319,597
	921,891	Series 2006-2-4CB		6.00	%		03/25/2036		910,846
	6,802,835	Series 2006-8-A5		4.11	%⁽ⁱ⁾		10/25/2036		2,302,876
	3,023,241	Series 2006-8-A6		4.11	%⁽ⁱ⁾		10/25/2036		1,024,292
	6,223,115	Series 2007-2-1A2		6.00	%		04/25/2037		5,132,152
	4,364,514	Series 2007-2-1A3		6.00	%		04/25/2037		3,599,379
	551,287	Series 2007-3-A6		6.00	%		04/25/2037		495,111
	45,952	Series 2007-5-A11 (-6 x 1 mo. Term SOFR + 38.79%, 0.00% Floor, 39.48% Cap)		12.88	%^(j)		06/25/2037		51,830
	5,818,392	Series 2007-5-A3		7.00	%		06/25/2037		4,729,526
		Wells Fargo Alternative Loan Trust
	276,016	Series 2007-PA5-1A1		6.25	%		11/25/2037		248,375
		Wells Fargo Mortgage Backed Securities Trust
	5,672	Series 2005-AR14-A6		7.02	%^(c)		08/25/2035		5,548
	371,130	Series 2006-7-2A1		6.00	%		06/25/2036		334,884
	14,606	Series 2007-7-A1		6.00	%		06/25/2037		13,756
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $821,157,209)							670,517,153
	US CORPORATE BONDS - 15.2%
	815,000	1261229 BC Ltd.		10.00	%^(a)		04/15/2032		822,734
	5,660,000	200 Park Funding Trust		5.74	%^(a)		02/15/2055		5,589,081
	780,000	AAR Escrow Issuer LLC		6.75	%^(a)		03/15/2029		808,851
	5,098,000	AbbVie, Inc.		4.70	%		05/14/2045		4,573,385
	2,821,000	AbbVie, Inc.		5.50	%		03/15/2064		2,737,934
	1,015,000	Academy Ltd.		6.00	%^(a)		11/15/2027		1,018,392
	405,000	Acrisure LLC / Acrisure Finance, Inc.		6.00	%^(a)		08/01/2029		394,093
	965,000	Acrisure LLC / Acrisure Finance, Inc.		6.75	%^(a)		07/01/2032		979,521
	1,650,000	Acuris Finance US, Inc. / Acuris Finance SARL		5.00	%^(a)		05/01/2028		1,575,926
	620,000	Acushnet Co.		7.38	%^(a)		10/15/2028		647,018
	1,240,000	Advanced Drainage Systems, Inc.		6.38	%^(a)		06/15/2030		1,269,167
	2,821,000	AEP Texas, Inc.		5.45	%		05/15/2029		2,913,121
	770,000	Aethon United BR LP / Aethon United Finance Corp.		7.50	%^(a)		10/01/2029		808,253
	4,958,000	Agilent Technologies, Inc.		4.75	%		09/09/2034		4,881,546
	2,457,000	Agree LP		2.60	%		06/15/2033		2,047,609
	4,557,000	Aircastle Ltd. / Aircastle Ireland DAC		5.25	%^(a)		03/15/2030		4,597,342
	1,145,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer		6.75	%^(a)		10/15/2027		1,146,700
	735,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer		6.50	%^(a)		10/01/2031		749,589
	1,660,000	Allied Universal Holdco LLC		7.88	%^(a)		02/15/2031		1,735,666
	615,000	Allied Universal Holdco LLC / Allied Universal Finance Corp.		6.00	%^(a)		06/01/2029		598,691
	355,000	AMC Entertainment Holdings, Inc.		7.50	%^(a)		02/15/2029		280,148
	470,000	Amentum Holdings, Inc.		7.25	%^(a)		08/01/2032		484,033
	660,000	American Airlines, Inc.		8.50	%^(a)		05/15/2029		692,445
	600,000	American Axle & Manufacturing, Inc.		5.00	%		10/01/2029		549,542
	10,321,000	American Express Co. (SOFR + 1.44%)		5.02	%		04/25/2031		10,541,586
	6,927,000	American Homes 4 Rent LP		5.50	%		02/01/2034		7,046,559
	1,942,000	American International Group, Inc.		5.45	%		05/07/2035		1,992,470
	2,002,000	American National Group, Inc.		5.75	%		10/01/2029		2,051,107
	6,471,000	American National Group, Inc.		6.00	%		07/15/2035		6,512,142
	2,366,000	American Tower Corp.		5.55	%		07/15/2033		2,441,713
	1,737,000	American Tower Corp.		3.70	%		10/15/2049		1,270,943
	2,057,000	Americold Realty Operating Partnership LP		5.60	%		05/15/2032		2,068,037

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	6,866,000	Amgen, Inc.		5.75	%		03/02/2063		6,680,189
	2,439,000	Amphenol Corp.		5.38	%		11/15/2054		2,388,633
	2,132,000	Amrize Finance US LLC		4.95	%^(a)		04/07/2030		2,161,629
	580,000	Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp.		7.00	%^(a)		04/15/2030		542,400
	190,000	Anywhere Real Estate Group LLC / Realogy Co.-Issuer Corp.		5.25	%^(a)		04/15/2030		155,887
	2,603,000	APA Corp.		6.10	%^(a)		02/15/2035		2,554,479
	405,000	APH / APH2 / APH3		7.88	%^(a)		11/01/2029		414,619
	2,402,000	AppLovin Corp.		5.38	%		12/01/2031		2,445,276
	1,235,000	Archrock Partners LP / Archrock Partners Finance Corp.		6.63	%^(a)		09/01/2032		1,259,086
	495,000	Arcosa, Inc.		6.88	%^(a)		08/15/2032		514,030
	4,786,000	Arizona Public Service Co.		5.70	%		08/15/2034		4,939,582
	4,768,000	Arrow Electronics, Inc.		5.15	%		08/21/2029		4,843,277
	375,000	Arsenal AIC Parent LLC		8.00	%^(a)		10/01/2030		400,665
	140,000	Artera Services LLC		8.50	%^(a)		02/15/2031		116,694
	2,839,000	Arthur J Gallagher & Co.		4.85	%		12/15/2029		2,882,425
	5,905,000	Arthur J Gallagher & Co.		5.15	%		02/15/2035		5,911,205
	685,000	Ashton Woods USA LLC / Ashton Woods Finance Co.		4.63	%^(a)		04/01/2030		654,028
	13,914,000	AT&T, Inc.		3.50	%		09/15/2053		9,425,159
	1,015,000	AthenaHealth Group, Inc.		6.50	%^(a)		02/15/2030		999,994
	3,931,000	Athene Global Funding		5.35	%^(a)		07/09/2027		3,993,395
	5,732,000	Athene Global Funding		4.72	%^(a)		10/08/2029		5,722,137
	3,699,000	Athene Holding Ltd. (5 yr. CMT Rate + 2.61%)		6.63	%		10/15/2054		3,650,545
	3,931,000	Atlassian Corp.		5.25	%		05/15/2029		4,037,567
	4,040,000	AutoNation, Inc.		5.89	%		03/15/2035		4,100,323
	4,612,000	AutoZone, Inc.		5.13	%		06/15/2030		4,730,270
	2,311,000	Avery Dennison Corp.		5.75	%		03/15/2033		2,417,723
	3,567,000	Aviation Capital Group LLC		5.38	%^(a)		07/15/2029		3,634,398
	240,000	Avient Corp.		6.25	%^(a)		11/01/2031		242,394
	695,000	Azorra Finance Ltd.		7.75	%^(a)		04/15/2030		725,335
	910,000	Azorra Finance Ltd.		7.25	%^(a)		01/15/2031		931,314
	2,506,000	Bank of America Corp. (5 yr. CMT Rate + 2.68%)		6.63	%^(g)		05/01/2030		2,601,611
	3,974,000	Bank of America Corp. (SOFR + 1.21%)		2.57	%		10/20/2032		3,503,565
	3,822,000	Bank of America Corp. (SOFR + 1.65%)		5.47	%		01/23/2035		3,927,971
	4,186,000	Bank of America Corp. (SOFR + 1.70%)		5.74	%		02/12/2036		4,255,615
	4,277,000	Bank of New York Mellon Corp. (SOFR + 1.23%)		5.06	%		07/22/2032		4,379,354
	1,500,000	Bausch + Lomb Corp.		8.38	%^(a)		10/01/2028		1,567,500
	230,000	Bausch Health Americas, Inc.		8.50	%^(a)		01/31/2027		219,226
	665,000	Bausch Health Cos., Inc.		4.88	%^(a)		06/01/2028		561,509
	465,000	Bausch Health Cos., Inc.		5.25	%^(a)		01/30/2030		294,854
	93,000	Bausch Health Cos., Inc.		14.00	%^(a)		10/15/2030		81,442
	330,000	Beach Acquisition Bidco LLC 10.00% Cash or 10.75% PIK		10.00	%^(a)		07/15/2033		342,875
	1,802,000	Berry Global, Inc.		4.88	%^(a)		07/15/2026		1,801,224
	2,930,000	Berry Global, Inc.		5.65	%		01/15/2034		3,025,442
	4,647,000	Biogen, Inc.		5.05	%		01/15/2031		4,732,732
	4,526,000	Black Hills Corp.		6.00	%		01/15/2035		4,697,525
	610,000	Blue Racer Midstream LLC / Blue Racer Finance Corp.		7.25	%^(a)		07/15/2032		646,778
	12,173,000	Broadcom, Inc.		3.50	%^(a)		02/15/2041		9,653,543
	2,025,000	Brown & Brown, Inc.		6.25	%		06/23/2055		2,089,330
	1,730,000	Buckeye Partners LP		6.88	%^(a)		07/01/2029		1,793,399
	1,595,000	Builders FirstSource, Inc.		6.38	%^(a)		03/01/2034		1,627,415
	615,000	Builders FirstSource, Inc.		6.75	%^(a)		05/15/2035		633,982
	5,875,000	Bunge Ltd. Finance Corp.		4.65	%		09/17/2034		5,702,661
	3,421,000	Burlington Northern Santa Fe LLC		5.20	%		04/15/2054		3,241,581
	405,000	CACI International, Inc.		6.38	%^(a)		06/15/2033		418,445
	2,384,000	Cadence Design Systems, Inc.		4.70	%		09/10/2034		2,356,105
	1,715,000	Caesars Entertainment, Inc.		6.00	%^(a)		10/15/2032		1,682,993
	4,792,000	Cardinal Health, Inc.		4.60	%		03/15/2043		4,123,768

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	674,000	Cardinal Health, Inc.		4.50	%		11/15/2044		568,798
	1,915,000	Carnival Corp.		5.75	%^(a)		03/01/2027		1,932,008
	1,656,000	Carnival Corp.		6.13	%^(a)		02/15/2033		1,695,375
	416,872	Carvana Co. 9.00% Cash or 12.00% PIK		9.00	%^(a)		12/01/2028		428,012
	710,000	Carvana Co. 11.00% Cash or 13.00% PIK		11.00	%^(a)		06/01/2030		747,103
	204,000	Castle US Holding Corp.		10.00	%^(a)		06/30/2031		88,740
	1,345,000	CCO Holdings LLC / CCO Holdings Capital Corp.		5.13	%^(a)		05/01/2027		1,341,595
	2,570,000	CCO Holdings LLC / CCO Holdings Capital Corp.		4.75	%^(a)		03/01/2030		2,491,737
	1,200,000	CCO Holdings LLC / CCO Holdings Capital Corp.		4.75	%^(a)		02/01/2032		1,138,982
	565,000	Celanese US Holdings LLC		6.50	%		04/15/2030		578,728
	565,000	Celanese US Holdings LLC		6.75	%		04/15/2033		571,326
	8,030,000	Centene Corp.		2.50	%		03/01/2031		6,919,064
	5,108,000	Cheniere Energy Partners LP		4.00	%		03/01/2031		4,863,141
	4,853,000	Cheniere Energy, Inc.		4.63	%		10/15/2028		4,847,691
	1,125,000	Chord Energy Corp.		6.75	%^(a)		03/15/2033		1,150,029
	830,000	CHS/Community Health Systems, Inc.		6.00	%^(a)		01/15/2029		799,023
	455,000	CHS/Community Health Systems, Inc.		6.88	%^(a)		04/15/2029		363,172
	780,000	CHS/Community Health Systems, Inc.		4.75	%^(a)		02/15/2031		667,467
	1,984,000	Citigroup, Inc. (SOFR + 1.28%)		3.07	%		02/24/2028		1,940,667
	4,143,000	Citigroup, Inc. (SOFR + 1.46%)		4.95	%		05/07/2031		4,191,354
	2,366,000	Citigroup, Inc. (SOFR + 2.66%)		6.17	%		05/25/2034		2,477,748
	505,000	Civitas Resources, Inc.		8.38	%^(a)		07/01/2028		517,706
	1,245,000	Clarios Global LP / Clarios US Finance Co.		6.75	%^(a)		05/15/2028		1,279,030
	1,685,000	Clarios Global LP / Clarios US Finance Co.		6.75	%^(a)		02/15/2030		1,753,389
	565,000	Clarivate Science Holdings Corp.		4.88	%^(a)		07/01/2029		532,562
	275,000	Clear Channel Outdoor Holdings, Inc.		7.50	%^(a)		06/01/2029		254,572
	510,000	Clear Channel Outdoor Holdings, Inc.		7.88	%^(a)		04/01/2030		526,909
	655,000	Clearway Energy Operating LLC		4.75	%^(a)		03/15/2028		647,616
	825,000	Cleveland-Cliffs, Inc.		6.88	%^(a)		11/01/2029		812,983
	780,000	Cloud Software Group, Inc.		6.50	%^(a)		03/31/2029		787,767
	515,000	Cloud Software Group, Inc.		9.00	%^(a)		09/30/2029		534,290
	665,000	Clydesdale Acquisition Holdings, Inc.		6.75	%^(a)		04/15/2032		682,884
	1,185,000	CNX Midstream Partners LP		4.75	%^(a)		04/15/2030		1,122,406
	800,000	CNX Resources Corp.		6.00	%^(a)		01/15/2029		803,718
	2,421,000	Comerica, Inc. (SOFR + 2.16%)		5.98	%		01/30/2030		2,480,385
	4,715,000	Commonwealth Edison Co.		5.95	%		06/01/2055		4,886,686
	256,000	CommScope LLC		4.75	%^(a)		09/01/2029		250,248
	520,000	CommScope LLC		9.50	%^(a)		12/15/2031		544,933
	400,000	CommScope Technologies LLC		5.00	%^(a)		03/15/2027		389,942
	1,035,000	Consolidated Communications, Inc.		5.00	%^(a)		10/01/2028		1,046,580
	2,833,000	Consumers Energy Co.		4.50	%		01/15/2031		2,845,050
	450,000	CoreWeave, Inc.		9.25	%^(a)		06/01/2030		460,432
	153,000	Cornerstone Building Brands, Inc.		6.13	%^(a)		01/15/2029		111,083
	620,000	Cornerstone Building Brands, Inc.		9.50	%^(a)		08/15/2029		570,522
	640,000	Cougar JV Subsidiary LLC		8.00	%^(a)		05/15/2032		682,827
	1,300,000	CQP Holdco LP / BIP-V Chinook Holdco LLC		5.50	%^(a)		06/15/2031		1,285,149
	5,650,000	CRH SMW Finance DAC		5.13	%		01/09/2030		5,795,544
	1,975,000	CSC Holdings LLC		6.50	%^(a)		02/01/2029		1,607,621
	12,096,000	CSX Corp.		3.80	%		11/01/2046		9,395,788
	410,000	Dana, Inc.		5.38	%		11/15/2027		411,662
	965,000	Dana, Inc.		5.63	%		06/15/2028		971,302
	555,000	Dcli Bidco LLC		7.75	%^(a)		11/15/2029		562,661
	597,000	Dealer Tire LLC / DT Issuer LLC		8.00	%^(a)		02/01/2028		577,171
	2,221,000	Dell, Inc.		6.50	%		04/15/2038		2,376,888
	2,168,000	Devon Energy Corp.		5.75	%		09/15/2054		1,953,560
	410,000	Diebold Nixdorf, Inc.		7.75	%^(a)		03/31/2030		435,992
	1,105,000	Directv Financing LLC / Directv Financing Co.-Obligor, Inc.		5.88	%^(a)		08/15/2027		1,102,084
	1,340,000	DISH DBS Corp.		5.75	%^(a)		12/01/2028		1,162,450

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	660,000	DISH DBS Corp.		5.13	%		06/01/2029		440,550
	480,000	Dornoch Debt Merger Sub, Inc.		6.63	%^(a)		10/15/2029		372,305
	2,566,000	DT Midstream, Inc.		4.13	%^(a)		06/15/2029		2,479,963
	7,346,000	DTE Energy Co.		5.85	%		06/01/2034		7,688,510
	6,222,000	Duke Energy Corp.		3.95	%		08/15/2047		4,685,121
	1,656,000	Duke Energy Corp.		5.00	%		08/15/2052		1,454,013
	3,512,000	Duke Energy Corp.		5.80	%		06/15/2054		3,433,595
	5,077,000	Eastern Energy Gas Holdings LLC		5.65	%		10/15/2054		4,859,005
	1,090,000	EchoStar Corp.		10.75	%		11/30/2029		1,123,627
	3,133,000	EIDP, Inc.		5.13	%		05/15/2032		3,198,019
	1,365,000	Elevance Health, Inc.		4.55	%		05/15/2052		1,117,255
	1,245,000	Ellucian Holdings, Inc.		6.50	%^(a)		12/01/2029		1,276,367
	276,000	Embarq LLC		8.00	%		06/01/2036		126,719
	1,310,000	EMRLD Borrower LP / Emerald Co.-Issuer, Inc.		6.63	%^(a)		12/15/2030		1,340,683
	2,439,000	Entergy Arkansas LLC		5.75	%		06/01/2054		2,420,792
	2,384,000	Entergy Corp. (5 yr. CMT Rate + 2.67%)		7.13	%		12/01/2054		2,472,581
	4,823,000	Enterprise Products Operating LLC		5.55	%		02/16/2055		4,657,751
	4,940,000	Evergy Kansas Central, Inc.		5.70	%		03/15/2053		4,881,280
	1,438,000	Expand Energy Corp.		6.75	%^(a)		04/15/2029		1,456,113
	2,471,000	Expand Energy Corp.		4.75	%		02/01/2032		2,404,421
	4,945,000	Expedia Group, Inc.		3.80	%		02/15/2028		4,873,187
	4,782,000	Extra Space Storage LP		5.40	%		02/01/2034		4,859,489
	255,000	Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.		6.75	%^(a)		01/15/2030		235,520
	6,064,000	First Industrial LP		5.25	%		01/15/2031		6,137,723
	4,550,000	Fiserv, Inc.		5.45	%		03/15/2034		4,663,116
	2,060,000	Florida Gas Transmission Co. LLC		5.75	%^(a)		07/15/2035		2,108,910
	4,877,000	Flowers Foods, Inc.		5.75	%		03/15/2035		5,001,568
	580,000	Fortress Transportation and Infrastructure Investors LLC		5.88	%^(a)		04/15/2033		573,173
	2,648,000	Foundry JV Holdco LLC		6.40	%^(a)		01/25/2038		2,792,003
	810,000	Freedom Mortgage Holdings LLC		8.38	%^(a)		04/01/2032		819,373
	480,000	Full House Resorts, Inc.		8.25	%^(a)		02/15/2028		466,737
	825,000	Gates Corp./DE		6.88	%^(a)		07/01/2029		857,684
	2,839,000	GATX Corp.		5.50	%		06/15/2035		2,876,830
	1,190,000	Genesee & Wyoming, Inc.		6.25	%^(a)		04/15/2032		1,215,731
	835,000	Genting New York LLC / GENNY Capital, Inc.		7.25	%^(a)		10/01/2029		866,945
	4,804,000	Genuine Parts Co.		4.95	%		08/15/2029		4,879,732
	2,554,000	Gilead Sciences, Inc.		5.55	%		10/15/2053		2,522,974
	4,877,000	Global Payments, Inc.		4.95	%		08/15/2027		4,935,692
	735,000	Goat Holdco LLC		6.75	%^(a)		02/01/2032		747,844
	4,622,000	Goldman Sachs Group, Inc. (SOFR + 1.55%)		5.33	%		07/23/2035		4,664,195
	585,000	Goodyear Tire & Rubber Co.		5.25	%		07/15/2031		561,297
	350,000	GrafTech Finance, Inc.		4.63	%^(a)		12/23/2029		241,500
	625,000	Gray Media, Inc.		10.50	%^(a)		07/15/2029		671,922
	2,005,000	Griffon Corp.		5.75	%		03/01/2028		2,006,031
	695,000	Group 1 Automotive, Inc.		4.00	%^(a)		08/15/2028		671,392
	820,000	Group 1 Automotive, Inc.		6.38	%^(a)		01/15/2030		843,565
	4,152,000	Guardian Life Global Funding		4.80	%^(a)		04/28/2030		4,225,964
	1,225,000	Gulfport Energy Operating Corp.		6.75	%^(a)		09/01/2029		1,256,976
	1,205,000	Harvest Midstream I LP		7.50	%^(a)		05/15/2032		1,273,599
	1,180,000	Helios Software Holdings, Inc. / ION Corporate Solutions Finance Sarl		4.63	%^(a)		05/01/2028		1,117,356
	625,000	Herc Holdings, Inc.		7.00	%^(a)		06/15/2030		653,114
	2,493,000	Hess Midstream Operations LP		5.88	%^(a)		03/01/2028		2,531,719
	2,566,000	Hess Midstream Operations LP		5.50	%^(a)		10/15/2030		2,579,125
	11,739,000	Hewlett Packard Enterprise Co.		5.00	%		10/15/2034		11,392,336
	2,821,000	Hexcel Corp.		5.88	%		02/26/2035		2,871,510
	975,000	Hightower Holding LLC		6.75	%^(a)		04/15/2029		972,520
	485,000	Hilcorp Energy I LP / Hilcorp Finance Co.		7.25	%^(a)		02/15/2035		474,709
	2,384,000	Huntington Bancshares, Inc. (SOFR + 1.87%)		5.71	%		02/02/2035		2,437,281

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	2,857,000	Huntington Bancshares, Inc./OH (SOFR + 1.28%)		5.27	%		01/15/2031		2,928,148
	9,420,000	Hyundai Capital America		5.30	%^(a)		01/08/2029		9,574,878
	590,000	Icahn Enterprises LP / Icahn Enterprises Finance Corp.		5.25	%		05/15/2027		572,171
	2,440,000	Icon Investments Six DAC		5.85	%		05/08/2029		2,532,354
	2,434,000	Icon Investments Six DAC		6.00	%		05/08/2034		2,488,852
	1,190,000	Illuminate Buyer LLC / Illuminate Holdings IV, Inc.		9.00	%^(a)		07/01/2028		1,196,646
	1,435,000	Installed Building Products, Inc.		5.75	%^(a)		02/01/2028		1,436,567
	4,131,000	Intuit, Inc.		5.50	%		09/15/2053		4,104,839
	3,294,000	IQVIA, Inc.		6.25	%		02/01/2029		3,445,000
	780,000	IQVIA, Inc.		6.25	%^(a)		06/01/2032		801,425
	1,030,000	Iron Mountain, Inc.		7.00	%^(a)		02/15/2029		1,066,942
	240,000	Iron Mountain, Inc.		6.25	%^(a)		01/15/2033		246,937
	3,367,000	Jacobs Engineering Group, Inc.		5.90	%		03/01/2033		3,505,526
	500,000	JetBlue Airways Corp. / JetBlue Loyalty LP		9.88	%^(a)		09/20/2031		486,753
	4,168,000	JPMorgan Chase & Co. (SOFR + 1.01%)		5.14	%		01/24/2031		4,275,242
	4,667,000	JPMorgan Chase & Co. (SOFR + 1.44%)		5.10	%		04/22/2031		4,783,947
	9,246,000	JPMorgan Chase & Co. (SOFR + 1.46%)		5.29	%		07/22/2035		9,412,737
	4,690,000	Keurig Dr Pepper, Inc.		5.20	%		03/15/2031		4,842,141
	6,459,000	Kinder Morgan Energy Partners LP		6.95	%		01/15/2038		7,167,473
	2,421,000	Kinetik Holdings LP		5.88	%^(a)		06/15/2030		2,443,055
	1,285,000	Kodiak Gas Services LLC		7.25	%^(a)		02/15/2029		1,330,041
	9,062,000	Kyndryl Holdings, Inc.		4.10	%		10/15/2041		7,227,667
	11,749,000	Laboratory Corp. of America Holdings		4.80	%		10/01/2034		11,491,229
	530,000	Level 3 Financing, Inc.		3.75	%^(a)		07/15/2029		448,512
	890,000	Level 3 Financing, Inc.		4.50	%^(a)		04/01/2030		809,900
	1,155,000	Level 3 Financing, Inc.		6.88	%^(a)		06/30/2033		1,176,071
	870,000	LFS Topco LLC		5.88	%^(a)		10/15/2026		870,487
	310,000	LFS Topco LLC		8.75	%^(a)		07/15/2030		305,190
	1,335,000	Life Time, Inc.		6.00	%^(a)		11/15/2031		1,357,128
	740,000	LifePoint Health, Inc.		10.00	%^(a)		06/01/2032		764,357
	625,000	Light & Wonder International, Inc.		7.25	%^(a)		11/15/2029		644,300
	740,000	Lightning Power LLC		7.25	%^(a)		08/15/2032		779,295
	4,789,000	Lineage OP LP		5.25	%^(a)		07/15/2030		4,819,910
	2,839,000	Lowe's Cos., Inc.		5.63	%		04/15/2053		2,732,711
	1,235,000	M/I Homes, Inc.		4.95	%		02/01/2028		1,228,025
	1,435,000	Madison IAQ LLC		5.88	%^(a)		06/30/2029		1,412,613
	4,771,000	Marriott International, Inc./MD		5.30	%		05/15/2034		4,831,229
	5,041,000	Mars, Inc.		5.70	%^(a)		05/01/2055		5,032,280
	9,062,000	Marvell Technology, Inc.		5.95	%		09/15/2033		9,574,360
	5,262,000	Massachusetts Mutual Life Insurance Co.		3.20	%^(a)		12/01/2061		3,189,390
	4,804,000	MasTec, Inc.		5.90	%		06/15/2029		4,972,865
	1,040,000	Matador Resources Co.		6.50	%^(a)		04/15/2032		1,041,228
	1,330,000	Match Group Holdings II LLC		5.00	%^(a)		12/15/2027		1,323,662
	275,000	Mativ Holdings, Inc.		8.00	%^(a)		10/01/2029		249,515
	255,000	McAfee Corp.		7.38	%^(a)		02/15/2030		241,068
	5,476,000	McDonald's Corp.		4.45	%		03/01/2047		4,632,511
	685,000	McGraw-Hill Education, Inc.		5.75	%^(a)		08/01/2028		689,599
	250,000	McGraw-Hill Education, Inc.		7.38	%^(a)		09/01/2031		260,975
	1,365,000	Medline Borrower LP		5.25	%^(a)		10/01/2029		1,355,356
	765,000	Medline Borrower LP/Medline Co.-Issuer, Inc.		6.25	%^(a)		04/01/2029		786,828
	2,839,000	Meritage Homes Corp.		5.65	%		03/15/2035		2,849,164
	5,394,000	Meta Platforms, Inc.		4.45	%		08/15/2052		4,551,036
	4,168,000	MetLife, Inc. (5 yr. CMT Rate + 2.08%)		6.35	%		03/15/2055		4,287,526
	505,000	Michaels Cos., Inc.		5.25	%^(a)		05/01/2028		406,273
	1,238,000	Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp.		4.88	%^(a)		05/01/2029		1,193,298
	1,300,000	Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC		6.75	%^(a)		04/01/2032		1,334,168
	4,658,000	Molex Electronic Technologies LLC		5.25	%^(a)		04/30/2032		4,728,431
	2,421,000	Morgan Stanley (5 yr. CMT Rate + 2.43%)		5.95	%		01/19/2038		2,491,486

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	4,669,000	Morgan Stanley (5 yr. CMT Rate + 1.80%)		5.94	%		02/07/2039		4,794,480
	3,946,000	Motorola Solutions, Inc.		5.20	%		08/15/2032		4,013,717
	835,000	Nabors Industries, Inc.		9.13	%^(a)		01/31/2030		800,175
	2,020,000	National Fuel Gas Co.		5.95	%		03/15/2035		2,066,436
	335,000	Navient Corp.		5.00	%		03/15/2027		333,879
	350,000	Navient Corp.		7.88	%		06/15/2032		364,437
	181,000	NCL Corp. Ltd.		5.88	%^(a)		03/15/2026		181,944
	205,000	NCL Corp. Ltd.		6.25	%^(a)		03/01/2030		206,878
	495,000	NCL Corp. Ltd.		6.75	%^(a)		02/01/2032		506,015
	2,332,000	NetApp, Inc.		5.50	%		03/17/2032		2,402,863
	3,549,000	Netflix, Inc.		5.40	%		08/15/2054		3,505,151
	4,612,000	Newmont Corp. / Newcrest Finance Pty Ltd.		5.35	%		03/15/2034		4,734,245
	2,275,000	NextEra Energy Capital Holdings, Inc. (5 yr. CMT Rate + 2.46%)		6.75	%		06/15/2054		2,365,932
	345,000	NGL Energy Operating LLC / NGL Energy Finance Corp.		8.13	%^(a)		02/15/2029		348,818
	5,605,000	NGPL PipeCo LLC		3.25	%^(a)		07/15/2031		5,000,233
	1,602,000	Niagara Mohawk Power Corp.		4.65	%^(a)		10/03/2030		1,602,000
	4,802,000	NiSource, Inc.		5.35	%		04/01/2034		4,885,045
	2,384,000	NiSource, Inc. (5 yr. CMT Rate + 2.45%)		6.95	%		11/30/2054		2,487,628
	4,149,000	NiSource, Inc.		5.85	%		04/01/2055		4,109,819
	2,024,000	Norfolk Southern Corp.		5.10	%		05/01/2035		2,035,019
	4,976,000	Northrop Grumman Corp.		5.20	%		06/01/2054		4,641,248
	1,000,000	Novelis Corp.		4.75	%^(a)		01/30/2030		958,822
	490,000	Novelis Corp.		6.88	%^(a)		01/30/2030		506,932
	745,000	NRG Energy, Inc.		6.00	%^(a)		02/01/2033		752,890
	1,650,000	NuStar Logistics LP		6.00	%		06/01/2026		1,657,300
	480,000	Olin Corp.		6.63	%^(a)		04/01/2033		473,025
	2,512,000	Omega Healthcare Investors, Inc.		4.75	%		01/15/2028		2,524,396
	2,876,000	Omega Healthcare Investors, Inc.		3.25	%		04/15/2033		2,484,121
	98,000	OneMain Finance Corp.		7.13	%		03/15/2026		99,512
	1,525,000	OneMain Finance Corp.		7.50	%		05/15/2031		1,594,490
	410,000	OneMain Finance Corp.		7.13	%		09/15/2032		424,973
	2,384,000	ONEOK, Inc.		5.38	%		06/01/2029		2,435,825
	1,766,000	Oracle Corp.		3.80	%		11/15/2037		1,512,760
	3,149,000	Oracle Corp.		5.38	%		09/27/2054		2,880,713
	2,475,000	O'Reilly Automotive, Inc.		5.00	%		08/19/2034		2,452,593
	1,220,000	Outfront Media Capital LLC / Outfront Media Capital Corp.		7.38	%^(a)		02/15/2031		1,292,558
	2,275,000	Owens Corning		5.70	%		06/15/2034		2,364,058
	1,035,000	Panther Escrow Issuer LLC		7.13	%^(a)		06/01/2031		1,075,785
	1,755,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer		7.00	%^(a)		02/01/2030		1,806,007
	9,243,000	Paychex, Inc.		5.35	%		04/15/2032		9,495,241
	270,000	PBF Holding Co. LLC / PBF Finance Corp.		6.00	%		02/15/2028		258,434
	470,000	Penn Entertainment, Inc.		4.13	%^(a)		07/01/2029		435,799
	690,000	PennyMac Financial Services, Inc.		4.25	%^(a)		02/15/2029		663,984
	775,000	PennyMac Financial Services, Inc.		7.88	%^(a)		12/15/2029		823,517
	420,000	PennyMac Financial Services, Inc.		6.88	%^(a)		05/15/2032		429,700
	4,895,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.		5.25	%^(a)		02/01/2030		5,011,854
	1,220,000	Permian Resources Operating LLC		7.00	%^(a)		01/15/2032		1,265,515
	3,041,000	Permian Resources Operating LLC		6.25	%^(a)		02/01/2033		3,071,182
	1,345,000	PetSmart, Inc. / PetSmart Finance Corp.		7.75	%^(a)		02/15/2029		1,308,311
	4,643,000	Philip Morris International, Inc.		5.38	%		02/15/2033		4,796,792
	4,295,000	Philip Morris International, Inc.		5.25	%		02/13/2034		4,382,965
	3,694,000	Phillips Edison Grocery Center Operating Partnership I LP		5.75	%		07/15/2034		3,801,710
	655,000	Pike Corp.		8.63	%^(a)		01/31/2031		713,183
	980,000	Post Holdings, Inc.		6.38	%^(a)		03/01/2033		991,385
	375,000	Premier Entertainment Sub LLC / Premier Entertainment Finance Corp.		5.63	%^(a)		09/01/2029		215,156
	545,000	Prime Security Services Borrower LLC / Prime Finance, Inc.		6.25	%^(a)		01/15/2028		546,344
	785,000	Primo Water Holdings, Inc. / Triton Water Holdings, Inc.		6.25	%^(a)		04/01/2029		791,123
	3,094,000	Prudential Financial, Inc.		5.20	%		03/14/2035		3,128,790
	1,626,000	PSEG Power LLC		5.20	%^(a)		05/15/2030		1,659,965

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	2,839,000	Qorvo, Inc.		3.38	%^(a)		04/01/2031		2,562,613
	4,710,000	Quanta Services, Inc.		5.25	%		08/09/2034		4,770,675
	4,771,000	Quest Diagnostics, Inc.		5.00	%		12/15/2034		4,749,746
	1,105,000	Quikrete Holdings, Inc.		6.75	%^(a)		03/01/2033		1,140,858
	425,000	QXO Building Products, Inc.		6.75	%^(a)		04/30/2032		438,898
	210,000	Radiate Holdco LLC / Radiate Finance, Inc.		4.50	%^(a)		09/15/2026		179,742
	346,015	Radiology Partners, Inc. 9.78 Cash or 9.78% PIK		9.78	%^(a)		02/15/2030		340,392
	1,065,000	Radiology Partners, Inc.		8.50	%^(a)		07/15/2032		1,068,813
	2,895,000	Realty Income Corp.		5.13	%		04/15/2035		2,899,859
	1,911,000	Regal Rexnord Corp.		6.05	%		02/15/2026		1,922,328
	2,803,000	Regal Rexnord Corp.		6.05	%		04/15/2028		2,889,261
	4,734,000	Rentokil Terminix Funding LLC		5.00	%^(a)		04/28/2030		4,769,118
	9,315,000	Republic Services, Inc.		5.15	%		03/15/2035		9,502,091
	865,000	RFNA LP		7.88	%^(a)		02/15/2030		885,885
	960,000	RHP Hotel Properties LP / RHP Finance Corp.		6.50	%^(a)		06/15/2033		988,196
	1,930,000	Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp.		6.63	%^(a)		02/01/2033		1,934,039
	575,000	Rocket Cos., Inc.		6.13	%^(a)		08/01/2030		586,302
	575,000	Rocket Cos., Inc.		6.38	%^(a)		08/01/2033		589,059
	2,075,000	Rollins, Inc.		5.25	%		02/24/2035		2,083,684
	4,618,000	Royal Caribbean Cruises Ltd.		5.38	%^(a)		07/15/2027		4,648,184
	490,000	Royal Caribbean Cruises Ltd.		5.63	%^(a)		09/30/2031		493,300
	4,649,000	Royalty Pharma PLC		5.40	%		09/02/2034		4,712,697
	2,366,000	Sabra Health Care LP		3.20	%		12/01/2031		2,109,609
	156,000	Sabre GLBL, Inc.		8.63	%^(a)		06/01/2027		159,803
	520,000	Sabre GLBL, Inc.		10.75	%^(a)		11/15/2029		536,274
	3,149,000	Santander Holdings USA, Inc. (SOFR + 1.61%)		5.47	%		03/20/2029		3,202,479
	1,270,000	Sealed Air Corp./Sealed Air Corp. US		7.25	%^(a)		02/15/2031		1,338,235
	965,000	Select Medical Corp.		6.25	%^(a)		12/01/2032		971,399
	260,000	Service Properties Trust		5.50	%		12/15/2027		257,770
	550,000	Service Properties Trust		8.88	%		06/15/2032		565,999
	1,100,000	Sirius XM Radio LLC		5.50	%^(a)		07/01/2029		1,093,467
	605,000	Sitio Royalties Operating Partnership LP / Sitio Finance Corp.		7.88	%^(a)		11/01/2028		633,855
	1,100,000	Six Flags Entertainment Corp.		7.25	%^(a)		05/15/2031		1,131,142
	665,000	Six Flags Entertainment Corp. / Canada's Wonderland Co. / Magnum Management Corp.		5.25	%		07/15/2029		651,646
	720,000	SM Energy Co.		7.00	%^(a)		08/01/2032		710,228
	700,000	Sonic Automotive, Inc.		4.63	%^(a)		11/15/2029		679,690
	2,512,000	Sonoco Products Co.		4.60	%		09/01/2029		2,507,389
	3,330,000	Southern Co. (5 yr. CMT Rate + 2.07%)		6.38	%		03/15/2055		3,434,805
	3,622,000	Southwestern Electric Power Co.		3.25	%		11/01/2051		2,343,747
	625,000	Standard Building Solutions, Inc.		6.50	%^(a)		08/15/2032		640,803
	795,000	Staples, Inc.		10.75	%^(a)		09/01/2029		756,383
	605,000	Star Leasing Co. LLC		7.63	%^(a)		02/15/2030		600,446
	850,000	Starwood Property Trust, Inc.		7.25	%^(a)		04/01/2029		895,110
	405,000	Starwood Property Trust, Inc.		6.00	%^(a)		04/15/2030		409,906
	170,000	Starz Capital Holdings LLC		5.50	%^(a)		04/15/2029		141,797
	3,917,000	State Street Corp. (SOFR + 0.95%)		4.54	%		04/24/2028		3,943,361
	625,000	Station Casinos LLC		6.63	%^(a)		03/15/2032		639,461
	685,000	Suburban Propane Partners LP/Suburban Energy Finance Corp.		5.00	%^(a)		06/01/2031		648,505
	5,701,000	Sun Communities Operating LP		2.70	%		07/15/2031		5,055,675
	1,130,000	SunCoke Energy, Inc.		4.88	%^(a)		06/30/2029		1,052,638
	635,000	Sunoco LP / Sunoco Finance Corp.		6.00	%		04/15/2027		635,223
	210,000	SWF Holdings I Corp.		6.50	%^(a)		10/01/2029		81,375
	4,890,000	Takeda US Financing, Inc.		5.90	%		07/07/2055		4,918,166
	1,205,000	Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.		7.38	%^(a)		02/15/2029		1,239,241
	1,074,000	Targa Resources Corp.		5.50	%		02/15/2035		1,078,282
	950,000	Tenet Healthcare Corp.		6.25	%		02/01/2027		950,557
	835,000	Tenet Healthcare Corp.		6.13	%		10/01/2028		836,692
	1,320,000	Tenet Healthcare Corp.		6.13	%		06/15/2030		1,344,597

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	2,421,000	The Campbell's Co.		5.40	%		03/21/2034		2,460,307
	5,405,000	T-Mobile USA, Inc.		3.40	%		10/15/2052		3,613,846
	3,112,000	T-Mobile USA, Inc.		5.25	%		06/15/2055		2,844,086
	3,003,000	T-Mobile USA, Inc.		5.88	%		11/15/2055		3,003,875
	9,216,000	Trans-Allegheny Interstate Line Co.		5.00	%^(a)		01/15/2031		9,380,913
	1,245,000	TransDigm, Inc.		6.88	%^(a)		12/15/2030		1,292,687
	1,140,000	TransDigm, Inc.		6.38	%^(a)		05/31/2033		1,143,883
	519,750	Transocean Poseidon Ltd.		6.88	%^(a)		02/01/2027		520,942
	351,000	Transocean, Inc.		8.00	%^(a)		02/01/2027		346,008
	1,075,000	Trident TPI Holdings, Inc.		12.75	%^(a)		12/31/2028		1,141,683
	2,075,000	Truist Financial Corp. (SOFR + 2.45%)		7.16	%		10/30/2029		2,244,901
	4,700,000	Truist Financial Corp. (SOFR + 1.57%)		5.15	%		08/05/2032		4,792,931
	5,415,000	Uber Technologies, Inc.		4.50	%^(a)		08/15/2029		5,386,931
	4,859,000	Uber Technologies, Inc.		4.80	%		09/15/2034		4,775,845
	655,000	UKG, Inc.		6.88	%^(a)		02/01/2031		680,021
	1,255,000	United Airlines, Inc.		4.63	%^(a)		04/15/2029		1,219,051
	2,060,000	United Natural Foods, Inc.		6.75	%^(a)		10/15/2028		2,035,202
	491,000	Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC		10.50	%^(a)		02/15/2028		520,849
	480,000	Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC		8.63	%^(a)		06/15/2032		485,284
	1,000,000	Univision Communications, Inc.		4.50	%^(a)		05/01/2029		910,177
	260,000	Univision Communications, Inc.		8.50	%^(a)		07/31/2031		260,523
	445,000	Upbound Group, Inc.		6.38	%^(a)		02/15/2029		440,752
	1,725,000	US Foods, Inc.		5.75	%^(a)		04/15/2033		1,727,502
	500,000	Vail Resorts, Inc.		6.50	%^(a)		05/15/2032		516,942
	940,000	Venture Global LNG, Inc.		8.13	%^(a)		06/01/2028		972,119
	575,000	Venture Global LNG, Inc.		8.38	%^(a)		06/01/2031		597,627
	330,000	Venture Global LNG, Inc.		9.88	%^(a)		02/01/2032		356,594
	215,000	Venture Global Plaquemines LNG LLC		7.50	%^(a)		05/01/2033		230,376
	670,000	Venture Global Plaquemines LNG LLC		6.50	%^(a)		01/15/2034		670,000
	4,690,000	Veralto Corp.		5.35	%		09/18/2028		4,836,291
	6,078,000	VeriSign, Inc.		5.25	%		06/01/2032		6,196,579
	4,710,000	Verisk Analytics, Inc.		5.25	%		06/05/2034		4,813,010
	4,976,000	VICI Properties LP / VICI Note Co., Inc.		4.63	%^(a)		12/01/2029		4,890,693
	1,020,000	Victra Holdings LLC / Victra Finance Corp.		8.75	%^(a)		09/15/2029		1,069,858
	1,415,000	Viking Cruises Ltd.		5.88	%^(a)		09/15/2027		1,416,675
	1,729,000	Virginia Electric and Power Co.		5.55	%		08/15/2054		1,676,043
	760,000	Vistra Operations Co. LLC		7.75	%^(a)		10/15/2031		808,301
	775,000	Vistra Operations Co. LLC		6.88	%^(a)		04/15/2032		810,752
	530,000	Vital Energy, Inc.		7.88	%^(a)		04/15/2032		453,572
	27,360	Vortex Opco LLC (3 mo. Term SOFR + 6.25%, 0.50% Floor)		10.54	%^(a)		04/30/2030		27,018
	735,000	Voyager Parent LLC		9.25	%^(a)		07/01/2032		765,173
	1,055,000	VT Topco, Inc.		8.50	%^(a)		08/15/2030		1,113,137
	190,000	Walgreens Boots Alliance, Inc.		4.80	%		11/18/2044		181,623
	760,000	Walker & Dunlop, Inc.		6.63	%^(a)		04/01/2033		781,738
	790,000	Wand NewCo 3, Inc.		7.63	%^(a)		01/30/2032		830,945
	3,959,000	Waste Connections, Inc.		5.25	%		09/01/2035		4,049,363
	1,255,000	Watco Cos. LLC / Watco Finance Corp.		7.13	%^(a)		08/01/2032		1,312,800
	615,000	Wayfair LLC		7.25	%^(a)		10/31/2029		616,813
	335,000	Weatherford International Ltd.		8.63	%^(a)		04/30/2030		345,515
	9,693,000	Wells Fargo & Co. (SOFR + 1.50%)		5.15	%		04/23/2031		9,930,071
	7,049,000	Wells Fargo & Co. (SOFR + 2.06%)		6.49	%		10/23/2034		7,707,597
	440,000	WESCO Distribution, Inc.		6.38	%^(a)		03/15/2033		455,088
	4,684,000	Westinghouse Air Brake Technologies Corp.		4.90	%		05/29/2030		4,751,830
	580,000	Whirlpool Corp.		6.50	%		06/15/2033		582,402
	790,000	Windstream Services LLC / Windstream Escrow Finance Corp.		8.25	%^(a)		10/01/2031		828,031
	4,550,000	Workday, Inc.		3.70	%		04/01/2029		4,445,432
	2,639,000	Workday, Inc.		3.80	%		04/01/2032		2,480,729

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	625,000	WR Grace Holdings LLC		5.63	%^(a)		08/15/2029		566,329
	1,215,000	Wyndham Hotels & Resorts, Inc.		4.38	%^(a)		08/15/2028		1,189,350
	3,250,000	XHR LP		6.63	%^(a)		05/15/2030		3,315,380
	1,510,000	XPO, Inc.		7.13	%^(a)		06/01/2031		1,584,449
	4,741,000	Zimmer Biomet Holdings, Inc.		5.20	%		09/15/2034		4,758,949
		Total US Corporate Bonds (Cost $996,122,362)							989,715,488
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 22.4%
		Fannie Mae Whole Loan
	104,155	Series 2003-W17-1A7		5.75	%		08/25/2033		105,661
		Federal Home Loan Mortgage Corp.
	181,893	Pool G01840		5.00	%		07/01/2035		184,692
	107,564	Pool G04817		5.00	%		09/01/2038		109,269
	4,493,240	Pool G08537		3.00	%		07/01/2043		4,064,205
	2,505,272	Pool G08622		3.00	%		01/01/2045		2,233,028
	2,385,927	Pool G08686		3.00	%		01/01/2046		2,126,040
	8,879,204	Pool G08701		3.00	%		04/01/2046		7,907,378
	589,728	Pool G08737		3.00	%		12/01/2046		522,790
	5,251,203	Pool G61645		4.00	%		10/01/2048		4,974,073
	736,082	Pool N70081		5.50	%		07/01/2038		749,449
	4,267,576	Pool Q33789		3.50	%		06/01/2045		3,996,502
	8,182,483	Pool QX1615		5.50	%		12/01/2054		8,280,205
	7,238,617	Pool RA3722		2.50	%		10/01/2050		6,119,573
	36,227,505	Pool RA9843		5.50	%		09/01/2053		36,478,596
	6,814,492	Pool SD0699		2.00	%		11/01/2050		5,555,500
	11,426,552	Pool SD2759		5.50	%		05/01/2053		11,526,250
	22,459,021	Pool SD2912		5.00	%		05/01/2053		22,183,662
	37,717,901	Pool SD2969		2.50	%		05/01/2052		31,831,042
	26,267,442	Pool SD3721		5.00	%		07/01/2053		25,965,220
	17,935,603	Pool SD3892		5.50	%		09/01/2053		18,058,116
	22,699,603	Pool SD4301		6.00	%		11/01/2053		23,524,652
	9,683,948	Pool SD4400		2.00	%		02/01/2051		7,794,410
	5,127,757	Pool SD4658		5.00	%		06/01/2053		5,087,382
	14,302,255	Pool SD4882		6.00	%		02/01/2054		14,822,099
	18,589,515	Pool SD4888		6.00	%		02/01/2054		19,089,024
	13,993,812	Pool SD5598		5.50	%		05/01/2054		14,146,861
	29,357,149	Pool SD5726		3.00	%		07/01/2052		25,661,178
	6,400,864	Pool SD5964		5.50	%		11/01/2053		6,474,128
	24,586,321	Pool SD7162		5.50	%		12/01/2054		24,885,639
	52,177,905	Pool SD7538		2.00	%		04/01/2051		42,489,213
	47,843,590	Pool SD7553		3.00	%		03/01/2052		42,141,404
	17,011,809	Pool SD7562		5.50	%		04/01/2053		17,215,212
	22,544,962	Pool SD7564		5.00	%		06/01/2053		22,364,826
	17,757,735	Pool SD7565		5.50	%		09/01/2053		17,990,621
	8,477,514	Pool SD7567		5.50	%		02/01/2054		8,581,798
	13,218,353	Pool SD7568		5.50	%		02/01/2054		13,386,808
	35,234,648	Pool SL0312		6.00	%		01/01/2055		36,515,325
	692,862	Pool T60854		3.50	%		09/01/2042		636,242
	129,799	Pool U60299		4.00	%		11/01/2040		124,692
	26,447,449	Pool WS4034		3.75	%		01/01/2034		24,832,808
	9,565,115	Pool ZT1827		3.00	%		07/01/2047		8,491,146
	23,217	Series 2692-SC (-2 x 30 day avg SOFR US + 13.06%, 0.00% Floor, 13.29% Cap)		4.45	%^(j)		07/15/2033		24,370
	516,748	Series 2722-PS (-1 x 30 day avg SOFR US + 9.76%, 0.00% Floor, 9.89% Cap)		4.98	%^(j)		12/15/2033		537,932
	21,170	Series 2750-ZT		5.00	%		02/15/2034		21,611
	54,732	Series 3002-SN (-1 x 30 day avg SOFR US + 6.39%, 0.00% Floor, 6.50% Cap)		2.08	%^(h)(j)		07/15/2035		4,239
	26,426	Series 3045-DI (-1 x 30 day avg SOFR US + 6.62%, 0.00% Floor, 6.73% Cap)		2.31	%^(h)(j)		10/15/2035		2,374
	92,835	Series 3116-Z		5.50	%		02/15/2036		96,626
	7,222	Series 3117-ZN		4.50	%		02/15/2036		7,218

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	25,306	Series 3275-SC (-1 x 30 day avg SOFR US + 5.97%, 0.00% Floor, 6.08% Cap)		1.66	%^(h)(j)		02/15/2037		2,141
	77,232	Series 3382-SB (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(h)(j)		11/15/2037		5,363
	89,814	Series 3384-S (-1 x 30 day avg SOFR US + 6.28%, 0.00% Floor, 6.39% Cap)		1.97	%^(h)(j)		11/15/2037		6,114
	29,573	Series 3417-SX (-1 x 30 day avg SOFR US + 6.07%, 0.00% Floor, 6.18% Cap)		1.76	%^(h)(j)		02/15/2038		2,355
	10,055	Series 3423-GS (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap)		1.23	%^(h)(j)		03/15/2038		694
	10,055	Series 3423-SG (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap)		1.23	%^(h)(j)		03/15/2038		682
	44,386	Series 3524-LB		3.23	%^(c)		06/15/2038		42,357
	28,072	Series 3562-WS (-1 x 30 day avg SOFR US + 4.84%, 0.00% Floor, 4.95% Cap)		0.53	%^(h)(j)		08/15/2039		1,472
	99,222	Series 3582-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(h)(j)		10/15/2049		8,733
	50,324	Series 3616-SG (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap)		1.93	%^(h)(j)		03/15/2032		2,146
	319,388	Series 3626-AZ		5.50	%		08/15/2036		332,021
	142,106	Series 3666-SC (-1 x 30 day avg SOFR US + 5.66%, 0.00% Floor, 5.77% Cap)		1.35	%^(h)(j)		05/15/2040		10,470
	311,159	Series 3779-YA		3.50	%		12/15/2030		306,745
	162,797	Series 3786-SG (-2 x 30 day avg SOFR US + 9.27%, 0.00% Floor, 9.50% Cap)		0.66	%^(j)		01/15/2041		124,089
	101,340	Series 3792-SE (-2 x 30 day avg SOFR US + 9.63%, 0.00% Floor, 9.86% Cap)		1.02	%^(j)		01/15/2041		66,013
	286,295	Series 3806-CZ		5.50	%		07/15/2034		297,646
	448,898	Series 3818-CZ		4.50	%		03/15/2041		444,545
	251,282	Series 3828-SW (-3 x 30 day avg SOFR US + 12.86%, 0.00% Floor, 13.20% Cap)		0.00	%^(j)		02/15/2041		204,036
	1,728,131	Series 3889-VZ		4.00	%		07/15/2041		1,673,597
	676,640	Series 3972-AZ		3.50	%		12/15/2041		638,510
	1,916,934	Series 4291-MS (-1 x 30 day avg SOFR US + 5.79%, 0.00% Floor, 5.90% Cap)		1.48	%^(h)(j)		01/15/2054		217,394
	771,307	Series 4471-BA		3.00	%		12/15/2041		763,311
	12,330,468	Series 5470-FH (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		11/25/2054		12,311,706
	11,550,019	Series 5478-FB (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)		5.66	%		02/25/2054		11,580,995
	18,472,617	Series 5524-AF (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		04/25/2055		18,351,188
	31,208,493	Series 5524-FB (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		04/25/2055		30,940,862
	14,305,694	Series 5527-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		09/25/2054		14,280,473
		Federal National Mortgage Association
	33,591	Pool 555743		5.00	%		09/01/2033		33,968
	29,345	Pool 735382		5.00	%		04/01/2035		29,761
	246,135	Pool 735383		5.00	%		04/01/2035		249,619
	124,619	Pool 735402		5.00	%		04/01/2035		126,383
	166,949	Pool 735484		5.00	%		05/01/2035		169,313
	41,917	Pool 931104		5.00	%		05/01/2039		42,592
	204,073	Pool 995203		5.00	%		07/01/2035		206,656
	158,045	Pool AB2123		4.00	%		01/01/2031		157,125
	2,096	Pool AD2177		4.50	%		06/01/2030		2,095
	238,577	Pool AH7309		4.00	%		02/01/2031		236,830
	3,468,239	Pool AL9238		3.00	%		10/01/2041		3,151,994
	610,944	Pool AL9445		3.00	%		07/01/2031		596,807
	6,546,432	Pool AS7661		3.00	%		08/01/2046		5,701,729
	3,155,026	Pool AS7724		2.50	%		08/01/2046		2,698,720
	10,236,403	Pool BC9081		3.00	%		12/01/2046		9,090,723
	6,790,050	Pool BD8013		2.50	%		09/01/2046		5,808,061
	17,450,500	Pool BL2643		3.39	%		07/01/2034		15,952,886
	4,682,383	Pool BL9284		2.23	%		12/01/2050		3,334,960
	1,646,476	Pool BM4094		3.00	%		03/01/2043		1,493,676

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	9,505,901	Pool BM6089		3.50	%		12/01/2044		8,859,256
	40,751,695	Pool BR2217		2.50	%		08/01/2051		34,319,792
	36,599,790	Pool BS4941		2.46	%		04/01/2032		32,433,408
	7,045,000	Pool BZ3117		5.06	%		03/01/2035		7,236,123
	17,105,000	Pool BZ3231		5.02	%		03/01/2035		17,518,524
	20,425,593	Pool BZ4011		4.48	%		06/01/2030		20,451,148
	5,208,970	Pool BZ4013		4.48	%		06/01/2030		5,215,487
	21,577,667	Pool CB6266		6.00	%		05/01/2053		22,104,500
	33,888,307	Pool CB7272		6.00	%		10/01/2053		34,774,000
	13,625,186	Pool CB7335		5.50	%		10/01/2053		13,773,222
	8,420,726	Pool CB8122		5.00	%		03/01/2054		8,370,114
	21,401,312	Pool CB8138		5.50	%		03/01/2054		21,622,715
	25,565,359	Pool CB8692		5.50	%		06/01/2054		25,891,273
	9,647,054	Pool FA0517		5.50	%		02/01/2055		9,702,470
	9,140,257	Pool FM1000		3.00	%		04/01/2047		8,113,997
	14,612,848	Pool FM4575		2.50	%		10/01/2050		12,347,293
	9,421,438	Pool FM6061		2.00	%		02/01/2051		7,592,705
	6,035,054	Pool FM8664		3.00	%		10/01/2046		5,365,237
	34,018,751	Pool FS1472		3.50	%		11/01/2050		30,983,638
	9,056,134	Pool FS3708		5.00	%		01/01/2053		8,929,597
	27,513,111	Pool FS5417		2.50	%		04/01/2052		23,120,218
	28,188,319	Pool FS5875		2.50	%		04/01/2052		23,677,406
	8,305,799	Pool FS6084		6.00	%		10/01/2053		8,511,095
	2,075,452	Pool FS6309		6.00	%		12/01/2053		2,151,113
	6,028,063	Pool FS6476		2.50	%		11/01/2051		5,073,535
	3,713,243	Pool FS7708		3.50	%		04/01/2052		3,375,845
	4,154,764	Pool FS8999		6.00	%		08/01/2054		4,281,179
	95,503	Pool MA0264		4.50	%		12/01/2029		95,891
	65,613	Pool MA0353		4.50	%		03/01/2030		65,903
	4,148	Pool MA0468		5.00	%		07/01/2040		4,052
	1,760,341	Pool MA2151		3.50	%		01/01/2045		1,609,938
	906,717	Pool MA2248		3.00	%		04/01/2045		790,858
	1,471,715	Pool MA2621		3.50	%		05/01/2046		1,340,599
	3,429,551	Pool MA2649		3.00	%		06/01/2046		2,987,015
	1,362,101	Pool MA2711		3.00	%		08/01/2046		1,186,347
	8,771,155	Pool MA2806		3.00	%		11/01/2046		7,789,446
	8,185,548	Pool MA4399		2.50	%		08/01/2051		6,815,167
	11,658,218	Pool MA4709		5.00	%		07/01/2052		11,489,317
	14,014,084	Pool MA5086		5.00	%		07/01/2043		14,080,254
	592,741	Series 2005-20-QH		5.00	%		03/25/2035		605,434
	112,613	Series 2006-101-SA (-1 x 30 day avg SOFR US + 6.47%, 0.00% Floor, 6.58% Cap)		2.16	%^(h)(j)		10/25/2036		13,064
	41,978	Series 2006-56-SM (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.33	%^(h)(j)		07/25/2036		3,730
	36,918	Series 2007-116-BI (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.83	%^(h)(j)		05/25/2037		2,938
	464,036	Series 2007-30-FS (-5 x 30 day avg SOFR US + 29.30%, 0.00% Floor, 29.83% Cap)		9.36	%^(j)		04/25/2037		541,372
	180,433	Series 2007-30-OI (-1 x 30 day avg SOFR US + 6.33%, 0.00% Floor, 6.44% Cap)		2.02	%^(h)(j)		04/25/2037		21,039
	27,180	Series 2008-29-ZA		4.50	%		04/25/2038		27,122
	11,974	Series 2008-62-SC (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(h)(j)		07/25/2038		757
	122,557	Series 2009-111-EZ		5.00	%		01/25/2040		123,655
	3,813	Series 2009-111-SE (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.83	%^(h)(j)		01/25/2040		404
	11,280	Series 2009-16-MZ		5.00	%		03/25/2029		11,226
	18,281	Series 2009-48-WS (-1 x 30 day avg SOFR US + 5.84%, 0.00% Floor, 5.95% Cap)		1.53	%^(h)(j)		07/25/2039		1,596
	36,094	Series 2009-62-PS (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap)		1.68	%^(h)(j)		08/25/2039		1,049
	317,697	Series 2009-77-ZA		4.50	%		10/25/2039		317,083
	89,769	Series 2009-83-Z		4.50	%		10/25/2039		89,364
	53,042	Series 2010-121-SD (-1 x 30 day avg SOFR US + 4.39%, 0.00% Floor, 4.50% Cap)		0.08	%^(h)(j)		10/25/2040		1,998

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	25,910	Series 2010-137-VS (-3 x 30 day avg SOFR US + 14.66%, 0.00% Floor, 15.00% Cap)		1.72	%^(j)		12/25/2040		25,547
	14,306	Series 2010-31-SA (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap)		0.58	%^(h)(j)		04/25/2040		764
	10,357	Series 2010-34-PS (-1 x 30 day avg SOFR US + 4.82%, 0.00% Floor, 4.93% Cap)		0.51	%^(h)(j)		04/25/2040		478
	58,357	Series 2010-35-SP (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap)		1.93	%^(h)(j)		04/25/2050		7,310
	2,976	Series 2010-35-SV (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		2.03	%^(h)(j)		04/25/2040		53
	408,701	Series 2010-37-MY		4.50	%		04/25/2040		405,950
	73,648	Series 2010-59-SC (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap)		0.58	%^(h)(j)		01/25/2040		3,275
	121,253	Series 2010-60-VZ		5.00	%		10/25/2039		122,132
	58,952	Series 2010-64-EZ		5.00	%		06/25/2040		60,409
	110,211	Series 2010-7-PE		5.00	%		02/25/2040		112,785
	27,902	Series 2010-90-GS (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(h)(j)		08/25/2040		2,251
	18,691	Series 2010-99-SG (-5 x 30 day avg SOFR US + 24.43%, 0.00% Floor, 25.00% Cap)		2.86	%^(j)		09/25/2040		20,628
	961,474	Series 2011-141-PZ		4.00	%		01/25/2042		927,358
	27,498	Series 2011-25-KY		3.00	%		04/25/2026		27,304
	371,380	Series 2011-59-MA		4.50	%		07/25/2041		371,272
	584,160	Series 2017-86-MA		3.00	%		04/25/2046		569,208
	8,370,405	Series 2018-21-IO		3.00	%^(h)		04/25/2048		1,385,747
	13,169,430	Series 2018-21-PO		0.00	%^(k)		04/25/2048		9,503,291
	7,082,128	Series 2018-35-IO		3.00	%^(h)		05/25/2048		1,212,918
	27,168,853	Series 2018-35-PO		0.00	%^(k)		05/25/2048		19,710,027
	16,576,430	Series 2021-48-NS (-1 x 30 day avg SOFR US + 3.65%, 0.00% Floor, 3.65% Cap)		0.00	%^(h)(j)		08/25/2051		552,942
	13,270,000	Series 2022-M2-A2		2.40	%		11/25/2031		11,841,132
	13,986,785	Series 2024-100-FD (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		5.76	%		06/25/2054		14,076,943
	14,067,478	Series 2024-96-FC (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		12/25/2054		14,047,808
	22,656,610	Series 2025-28-FM (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.56	%		04/25/2055		22,659,501
	6,010,914	Series 2025-31-FA (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap)		5.61	%		06/25/2054		6,023,923
	21,713,019	Series 2025-42-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		06/25/2055		21,914,678
	77,855	Series 400-S4 (-1 x 30 day avg SOFR US + 5.34%, 0.00% Floor, 5.45% Cap)		1.03	%^(h)(j)		11/25/2039		7,355
		Ginnie Mae I Pool
	24,256,802	Pool 779384		3.50	%		06/15/2042		22,655,936
		Ginnie Mae II Pool
	9,183,415	Pool 784415		3.50	%		04/20/2047		8,491,157
	23,290,330	Pool 785713		2.50	%		10/20/2051		19,693,188
	10,899,413	Pool 785764		2.50	%		11/20/2051		9,211,660
	28,427,814	Pool 786009		3.00	%		02/20/2052		25,085,103
	8,915,370	Pool 786227		3.00	%		04/20/2052		7,863,995
	3,755,624	Pool 786540		3.50	%		02/20/2050		3,470,321
	9,626,331	Pool 786718		3.50	%		07/20/2051		8,855,094
	24,109,669	Pool MA5076		3.00	%		03/20/2048		21,566,636
	26,473,930	Pool MA5191		3.50	%		05/20/2048		24,465,899
		Government National Mortgage Association
	59,207	Series 2003-67-SP (-1 x 1 mo. Term SOFR + 6.99%, 0.00% Floor, 7.10% Cap)		2.67	%^(h)(j)		08/20/2033		355
	35,408	Series 2008-82-SM (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap)		1.62	%^(h)(j)		09/20/2038		764
	483,417	Series 2009-32-ZE		4.50	%		05/16/2039		481,219
	515,948	Series 2009-75-GZ		4.50	%		09/20/2039		518,124
	683,212	Series 2009-75-HZ		5.00	%		09/20/2039		688,681
	1,756,051	Series 2010-113-SM (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap)		1.62	%^(h)(j)		09/20/2040		227,880
	73,761	Series 2010-25-ZB		4.50	%		02/16/2040		73,637

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,038,286	Series 2011-45-GZ		4.50	%		03/20/2041		1,042,490
	1,465,880	Series 2013-117-MS (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.72	%^(h)(j)		02/20/2043		66,468
	1,639,267	Series 2013-122-SB (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap)		1.67	%^(h)(j)		08/16/2043		191,785
	2,373,973	Series 2014-102-TS (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap)		1.17	%^(h)(j)		07/20/2044		221,123
	2,031,058	Series 2014-118-PS (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.77	%^(h)(j)		08/20/2044		276,710
	1,777,176	Series 2014-118-SA (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.77	%^(h)(j)		08/20/2044		242,121
	5,245,779	Series 2017-52-FH (1 mo. Term SOFR + 0.46%, 0.35% Floor, 6.50% Cap)		4.78	%		04/20/2047		5,118,588
	13,101,504	Series 2020-61-IA		3.00	%^(h)		05/20/2050		1,974,930
	9,943,656	Series 2021-117-ID		3.50	%^(h)		06/20/2051		1,704,093
	19,114,453	Series 2021-155-UI		4.50	%^(h)		09/20/2051		3,092,334
	16,918,838	Series 2021-214-IG		2.50	%^(h)		12/20/2051		2,251,249
		Total US Government and Agency Mortgage Backed Obligations (Cost $1,513,933,247)							1,462,556,682
	US GOVERNMENT AND AGENCY OBLIGATIONS - 17.0%
	190,000,000	United States Treasury Note/Bond		0.75	%		03/31/2026		185,326,671
	101,700,000	United States Treasury Note/Bond		0.75	%		01/31/2028		94,370,449
	131,750,000	United States Treasury Note/Bond		0.63	%		05/15/2030		113,382,198
	107,850,000	United States Treasury Note/Bond		0.63	%		08/15/2030		92,003,212
	289,650,000	United States Treasury Note/Bond		0.88	%		11/15/2030		248,521,962
	355,220,000	United States Treasury Note/Bond		1.13	%		08/15/2040		218,640,684
	140,150,000	United States Treasury Note/Bond		1.88	%		02/15/2041		96,440,719
	87,900,000	United States Treasury Note/Bond		1.75	%		08/15/2041		58,384,828
		Total US Government and Agency Obligations (Cost $1,095,646,524)							1,107,070,723
	COMMON STOCKS - 0.0%^(l)
	37,440	Flame Aggregator - Series R^(b)(m)							748,800
	3,720	Flame Aggregator - Series U^(b)(m)							74,400
	711	Stichting Administratiekantoor ADR^(b)(m)							—
	261	Stichting Administratiekantoor Unigel Creditors ^(b)(m)							—
		Total Common Stocks (Cost $84,406)							823,200
	ESCROW NOTES - 0.0%^(l)
	5,400,000	Credito Real SAB de CV SOFOM ER^(m)							67,176
	690,000	Parkland Corp.^(b)(m)							345
		Total Escrow Notes (Cost $5,275,601)							67,521
	WARRANTS - 0.0%^(l)
	31,063	Avation PLC, Expires 10/31/2026 at GBP 1.15^(m)							17,055
		Total Warrants (Cost $–)							17,055
	AFFILIATED MUTUAL FUNDS - 6.2%
	12,929,742	DoubleLine Global Bond Fund - Class I							114,298,922
	27,534,253	DoubleLine Infrastructure Income Fund - Class I							260,749,373
	5,000,000	DoubleLine Long Duration Total Return Bond Fund - Class I							31,400,000
		Total Affiliated Mutual Funds (Cost $449,362,155)							406,448,295

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY		VALUE $
SHORT TERM INVESTMENTS - 9.1%
64,067,937	First American Government Obligations Fund - U	4.28	%⁽ⁿ⁾			64,067,937
64,067,938	JPMorgan US Government Money Market Fund - IM	4.28	%⁽ⁿ⁾			64,067,938
64,067,937	MSILF Government Portfolio - Institutional	4.24	%⁽ⁿ⁾			64,067,937
400,000,000	United States Treasury Bill	0.00	%	07/31/2025		398,617,668
	Total Short Term Investments (Cost $590,817,020)					590,821,480
	Total Investments - 99.4% (Cost $6,854,512,796)					6,485,363,619
	Other Assets in Excess of Liabilities - 0.6%					39,288,795
	NET ASSETS - 100.0%				$	6,524,652,414

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Mortgage Backed Obligations	22.4	%
US Government and Agency Obligations	17.0	%
US Corporate Bonds	15.2	%
Non-Agency Residential Collateralized Mortgage Obligations	10.3	%
Short Term Investments	9.1	%
Affiliated Mutual Funds	6.2	%
Foreign Corporate Bonds	5.1	%
Non-Agency Commercial Mortgage Backed Obligations	4.8	%
Asset Backed Obligations	3.1	%
Collateralized Loan Obligations	2.8	%
Bank Loans	2.4	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	1.0	%
Common Stocks	0.0	%(l)
Escrow Notes	0.0	%(l)
Warrants	0.0	%(l)
Other Assets and Liabilities	0.6	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
US Government and Agency Mortgage Backed Obligations	22.4	%
US Government and Agency Obligations	17.0	%
Non-Agency Residential Collateralized Mortgage Obligations	10.3	%
Short Term Investments	9.1	%
Affiliated Mutual Funds	6.2	%
Non-Agency Commercial Mortgage Backed Obligations	4.8	%
Asset Backed Obligations	3.1	%
Banking	3.0	%
Collateralized Loan Obligations	2.8	%
Technology	2.1	%
Energy	2.0	%
Utilities	1.7	%
Transportation	1.2	%
Insurance	1.2	%
Healthcare	1.1	%
Finance	1.0	%
Real Estate	0.8	%
Retailers (other than Food/Drug)	0.7	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.7	%
Telecommunications	0.6	%
Food Products	0.6	%
Mining	0.6	%
Media	0.6	%
Commercial Services	0.5	%
Pharmaceuticals	0.5	%
Hotels/Motels/Inns and Casinos	0.5	%
Construction	0.5	%

Diversified Manufacturing	0.4	%
Industrial Equipment	0.4	%
Electronics/Electric	0.4	%
Containers and Glass Products	0.4	%
Automotive	0.3	%
Aerospace & Defense	0.3	%

Beverage and Tobacco	0.3	%
Leisure	0.3	%
Chemicals/Plastics	0.2	%
Environmental Control	0.2	%
Consumer Products	0.2	%
Business Equipment and Services	0.1	%
Building and Development (including Steel/Metals)	0.1	%
Pulp & Paper	0.1	%
Food Service	0.1	%
Chemical Products	0.0	%(l)
Conglomerates	0.0	%(l)
Financials	0.0	%(l)
Escrow Notes	0.0	%(l)
Other Assets and Liabilities	0.6	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $1,245,506,105 or 19.1% of the Fund's net assets.
(b)	Value determined using significant unobservable inputs.
(c)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(d)	Security pays interest at rates that represent residual cashflows available after more senior tranches have been paid.
(e)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(f)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(g)	Perpetual maturity. The date disclosed is the next call date of the security.
(h)	Interest only security
(i)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(j)	Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(k)	Principal only security
(l)	Represents less than 0.05% of net assets.
(m)	Non-income producing security.
(n)	Seven-day yield as of period end.

CMT	Constant Maturity Treasury Rate
PIK	A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.
SOFR	Secured Overnight Financing Rate

GBP

British Pound

Futures Contracts
Description	Long/ Short	Contract Quantity		Expiration Date		Notional Amount⁽¹⁾			Unrealized Appreciation (Depreciation)/ Value
U.S. Treasury 2 Year Notes	Long	18,000		9/30/2025	$	3,728,276,035		$	16,145,849
U.S. Treasury Long Bonds	Long	2,650		9/19/2025		294,191,543			11,800,645
U.S. Treasury 5 Year Note	Long	900		9/30/2025		96,709,720			1,390,280
U.S. Treasury Ultra Bonds	Short	(305	)	9/19/2025		(34,548,698	)		(1,784,427	)
10 Year U.S. Ultra Treasury Notes	Short	(2,250	)	9/19/2025		(250,638,848	)		(6,458,808	)
								$	21,093,539

(1)

Notional Amount is determined based on the number of contracts multiplied by the contract size and the quoted daily settlement price in US dollars.

A summary of the DoubleLine Core Fixed Income Fund's investments in affiliated mutual funds for the period ended June 30, 2025 is as follows:

Fund	Value at March 31, 2025		Gross Purchases		Gross Sales			Net Realized Gain (Loss) for the Period Ended June 30, 2025			Change in Unrealized for the Period Ended June 30, 2025			Value at June 30, 2025		Shares Held at June 30, 2025		Dividend Income Earned for the Period Ended June 30, 2025
DoubleLine Infrastructure Income Fund (Class I)	$	285,348,391	$	—	$	(26,000,000	)	$	(2,315,451	)	$	3,716,433		$	260,749,373		27,534,253	$	3,068,016
DoubleLine Global Bond Fund (Class I)		109,127,025		—		—			—			5,171,897			114,298,922		12,929,742		940,677
DoubleLine Long Duration Total Return Bond Fund (Class I)		32,000,000		—		—			—			(600,000	)		31,400,000		5,000,000		398,452
	$	426,475,416	$	—	$	(26,000,000	)	$	(2,315,451	)	$	8,288,330		$	406,448,295		45,463,995	$	4,407,145

DoubleLine Emerging Markets Fixed Income Fund		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
FOREIGN CORPORATE BONDS - 72.8%
BRAZIL - 13.5%
	3,700,721	Acu Petroleo Luxembourg Sarl		7.50	%		01/13/2032		3,698,905
	600,000	Banco do Estado do Rio Grande do Sul SA (5 yr. CMT Rate + 4.93%)		5.38	%		01/28/2031		596,438
	800,000	Braskem Netherlands Finance BV		4.50	%		01/31/2030		620,608
	7,300,000	Cosan Overseas Ltd.		8.25	%^(a)		08/05/2025		7,372,124
	3,350,000	CSN Resources SA		5.88	%		04/08/2032		2,757,851
	7,068,268	Guara Norte Sarl		5.20	%		06/15/2034		6,703,854
	1,929,352	Invepar Holdings		0.00	%^(b)(c)		12/30/2028		–
	1,100,000	Minerva Luxembourg SA		8.88	%^(d)		09/13/2033		1,188,928
	1,600,000	Minerva Luxembourg SA		8.88	%		09/13/2033		1,729,350
	1,400,000	Movida Europe SA		7.85	%		04/11/2029		1,293,474
	2,500,000	Movida Europe SA		7.85	%^(d)		04/11/2029		2,309,775
	8,348,448	MV24 Capital BV		6.75	%		06/01/2034		8,104,169
	1,300,000	NBM US Holdings, Inc.		6.63	%		08/06/2029		1,310,059
	8,204,792	Prumo Participacoes e Investimentos S/A		7.50	%		12/31/2031		8,317,912
	4,700,000	Raizen Fuels Finance SA		5.70	%		01/17/2035		4,403,900
	1,784,000	Simpar Europe SA		5.20	%		01/26/2031		1,462,880
	93,986	Unigel Luxembourg SA 13.50% Cash or 15.00% PIK		13.50	%^(d)		12/31/2027		75,659
	131,998	Unigel Luxembourg SA 13.50% Cash or 15.00% PIK		13.50	%		12/31/2027		106,258
	458,536	Unigel Luxembourg SA 11.00% Cash or 12.00% PIK		11.00	%		12/31/2028		128,390
	106,634	Unigel Luxembourg SA 11.00% Cash or 12.00% PIK		11.00	%^(d)		12/31/2028		29,858
	558,462	Unigel Netherlands Holding Corp. BV 15.00% Cash or 15.00% PIK		15.00	%		12/31/2044		18,150
	1,400,000	Yinson Bergenia Production BV		8.50	%^(d)		01/31/2045		1,420,761
									53,649,303
CHILE - 5.7%
	6,210,000	CAP SA		3.90	%		04/27/2031		4,995,333
	2,900,000	CAP SA		3.90	%^(d)		04/27/2031		2,332,764
	2,700,000	Cencosud SA		4.38	%		07/17/2027		2,680,478
	10,521,016	Chile Electricity PEC SpA		0.00	%^(d)		01/25/2028		9,301,104
	1,841,750	Empresa Electrica Angamos SA		4.88	%		05/25/2029		1,662,276
	930,900	Empresa Electrica Cochrane SpA		5.50	%		05/14/2027		921,032
	953,280	GNL Quintero SA		4.63	%		07/31/2029		945,831
									22,838,818
COLOMBIA - 6.2%
	1,267,495	AL Candelaria Spain SA		7.50	%		12/15/2028		1,266,066
	7,100,000	AL Candelaria Spain SA		5.75	%		06/15/2033		6,030,385
	3,800,000	AL Candelaria Spain SA		5.75	%^(d)		06/15/2033		3,227,530
	3,000,000	Aris Mining Corp.		8.00	%^(d)		10/31/2029		3,063,255
	2,400,000	Banco Davivienda SA (10 yr. CMT Rate + 5.10%)		6.65	%^(a)(d)		04/22/2031		2,138,179
	400,000	Banco Davivienda SA (5 yr. CMT Rate + 4.59%)		8.13	%^(d)		07/02/2035		402,320
	3,300,000	Banco de Bogota SA		6.25	%		05/12/2026		3,312,474
	300,000	Banco GNB Sudameris SA (5 yr. CMT Rate + 6.66%)		7.50	%		04/16/2031		296,193
	900,000	Bancolombia SA (5 yr. CMT Rate + 4.32%)		8.63	%		12/24/2034		946,958
	5,213,000	Canacol Energy Ltd.		5.75	%		11/24/2028		1,804,032
	1,126,300	Fideicomiso PA Pacifico Tres		8.25	%		01/15/2035		1,138,689
	1,100,000	Gran Tierra Energy, Inc.		9.50	%^(d)		10/15/2029		837,996
	400,000	Termocandelaria Power SA		7.75	%^(d)		09/17/2031		410,700
									24,874,777

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
DOMINICAN REPUBLIC - 0.9%
	3,800,000	AES Espana BV		5.70	%^(d)		05/04/2028		3,647,126
GUATEMALA - 3.5%
	8,500,000	Banco Industrial SA/Guatemala (5 yr. CMT Rate + 4.44%)		4.88	%		01/29/2031		8,463,875
	2,135,000	Energuate Trust		5.88	%		05/03/2027		2,125,094
	450,000	Millicom International Cellular SA		5.13	%		01/15/2028		445,079
	2,970,000	Millicom International Cellular SA		6.25	%		03/25/2029		2,978,571
									14,012,619
INDIA - 9.3%
	2,100,000	Adani Electricity Mumbai Ltd.		3.95	%		02/12/2030		1,883,433
	3,700,000	Adani Electricity Mumbai Ltd.		3.87	%		07/22/2031		3,176,815
	4,420,000	Adani International Container Terminal Pvt Ltd.		3.00	%		02/16/2031		3,895,225
	2,560,000	Adani International Container Terminal Pvt Ltd.		3.00	%^(d)		02/16/2031		2,256,058
	400,000	Adani Ports & Special Economic Zone Ltd.		4.00	%		07/30/2027		387,515
	800,000	Adani Ports & Special Economic Zone Ltd.		4.20	%		08/04/2027		771,226
	1,200,000	Adani Ports & Special Economic Zone Ltd.		4.38	%		07/03/2029		1,134,618
	3,600,000	Adani Ports & Special Economic Zone Ltd.		3.10	%		02/02/2031		3,048,902
	2,171,000	Adani Renewable Energy RJ Ltd./Kodangal Solar Parks Pvt Ltd./Wardha Solar Maharash		4.63	%		10/15/2039		1,751,251
	3,600,000	Adani Transmission Step-One Ltd.		4.00	%		08/03/2026		3,563,059
	2,675,750	Adani Transmission Step-One Ltd.		4.25	%		05/21/2036		2,279,976
	5,680,000	JSW Hydro Energy Ltd.		4.13	%		05/18/2031		5,233,062
	4,200,000	JSW Infrastructure Ltd.		4.95	%		01/21/2029		4,118,513
	1,100,000	Periama Holdings		5.95	%		04/19/2026		1,100,323
	1,500,000	Reliance Industries Ltd.		3.67	%		11/30/2027		1,473,230
	800,000	Wipro IT Services LLC		1.50	%		06/23/2026		776,571
									36,849,777
INDONESIA - 1.4%
	700,000	Freeport Indonesia PT		4.76	%		04/14/2027		701,707
	4,800,000	Medco Laurel Tree Pte Ltd.		6.95	%		11/12/2028		4,760,649
									5,462,356
JAMAICA - 0.0%^(e)
	3,176,259	Digicel Group Holdings Ltd.		0.00	%^(c)(d)		12/31/2030		19,789
	1,096,188	Digicel Group Holdings Ltd.		0.00	%^(c)(d)		12/31/2030		47,930
									67,719
KUWAIT - 0.0%^(e)
	200,000	EQUATE Petrochemical Co. KSC		4.25	%		11/03/2026		198,375
MEXICO - 8.0%
	1,700,000	Banco Mercantil del Norte SA/Grand Cayman (10 yr. CMT Rate + 5.35%)		7.63	%^(a)		01/10/2028		1,695,235
	1,500,000	Banco Mercantil del Norte SA/Grand Cayman (10 yr. CMT Rate + 5.47%)		7.50	%^(a)(d)		06/27/2029		1,485,807
	3,200,000	Banco Mercantil del Norte SA/Grand Cayman (5 yr. CMT Rate + 4.07%)		8.38	%^(a)(d)		05/20/2031		3,245,216
	3,300,000	BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX (5 yr. CMT Rate + 4.21%)		8.13	%		01/08/2039		3,413,253
	2,450,000	Braskem Idesa SAPI		6.99	%		02/20/2032		1,702,698
	2,200,000	Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy		7.88	%^(d)		02/15/2039		2,268,301
	3,100,000	Cemex SAB de CV (5 yr. CMT Rate + 4.53%)		5.13	%^(a)		06/08/2026		3,051,035
	300,000	Cemex SAB de CV (5 yr. CMT Rate + 3.52%)		7.20	%^(a)(d)		06/10/2030		303,450
	1,516,000	Cometa Energia SAB de CV		6.38	%		04/24/2035		1,563,498
	557,878	Fermaca Enterprises S de RL de CV		6.38	%		03/30/2038		546,182
	2,400,000	GCC SAB de CV		3.61	%		04/20/2032		2,123,057
	3,000,000	KUO SAB De CV		5.75	%		07/07/2027		2,957,904
	4,600,000	Mexarrend SAPI de CV		10.25	%^(b)(d)		07/24/2025		34,500
	2,462,072	Mexico Generadora de Energia S de RL		5.50	%		12/06/2032		2,448,528
	1,300,000	Saavi Energia Sarl		8.88	%^(d)		02/10/2035		1,358,175
	3,862,922	Tierra Mojada Luxembourg II Sarl		5.75	%		12/01/2040		3,652,567
									31,849,406

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
PARAGUAY - 1.9%
	1,100,000	Banco Continental SAECA		2.75	%		12/10/2025		1,090,339
	2,024,000	Frigorifico Concepcion SA		7.70	%		07/21/2028		1,574,323
	6,286,666	Rutas 2 & 7 Finance Ltd.		0.00	%		09/30/2036		4,562,076
	168,000	Telefonica Celular del Paraguay SA		5.88	%		04/15/2027		167,371
									7,394,109
PERU - 13.5%
	8,000,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 3.00%)		3.13	%		07/01/2030		8,000,000
	4,050,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 2.45%)		3.25	%		09/30/2031		3,930,575
	12,172,000	Banco Internacional del Peru SAA Interbank (5 yr. CMT Rate + 3.71%)		4.00	%		07/08/2030		12,135,932
	2,300,000	Banco Internacional del Peru SAA Interbank (5 yr. CMT Rate + 2.07%)		6.40	%^(d)		04/30/2035		2,348,645
	2,000,000	Cia de Minas Buenaventura SAA		5.50	%		07/23/2026		2,000,360
	5,080,000	InRetail Consumer		3.25	%		03/22/2028		4,822,197
	4,148,000	InRetail Shopping Malls		5.75	%		04/03/2028		4,148,581
	3,900,000	Intercorp Financial Services, Inc.		4.13	%		10/19/2027		3,793,093
	5,775,213	Lima Metro Line 2 Finance Ltd.		4.35	%		04/05/2036		5,436,786
	3,500,000	Minsur SA		4.50	%		10/28/2031		3,258,674
	2,710,000	Orazul Energy Peru SA		5.63	%		04/28/2027		2,686,409
	500,040	Peru LNG Srl		5.38	%		03/22/2030		470,609
	300,000	SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA		3.75	%		08/02/2028		281,995
	300,000	Scotiabank Peru SAA (1 yr. CMT Rate + 2.31%)		6.10	%^(d)		10/01/2035		305,100
									53,618,956
SINGAPORE - 5.6%
	4,804,000	DBS Group Holdings Ltd. (5 yr. CMT Rate + 1.10%)		1.82	%		03/10/2031		4,714,955
	8,000,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		1.83	%		09/10/2030		7,959,763
	1,800,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		4.60	%		06/15/2032		1,803,605
	5,200,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.52%)		1.75	%		03/16/2031		5,097,190
	2,900,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.23%)		2.00	%		10/14/2031		2,807,807
									22,383,320
SOUTH AFRICA - 1.8%
	3,800,000	AngloGold Ashanti Holdings PLC		3.38	%		11/01/2028		3,629,205
	3,500,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%		05/15/2029		3,642,134
									7,271,339
UNITED ARAB EMIRATES - 0.7%
	3,356,312	Galaxy Pipeline Assets Bidco Ltd.		2.94	%		09/30/2040		2,756,098
VIETNAM - 0.8%
	3,116,963	Mong Duong Finance Holdings BV		5.13	%		05/07/2029		3,047,511
		Total Foreign Corporate Bonds (Cost $306,036,082)							289,921,609
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 25.2%
BRAZIL - 1.4%
	5,400,000	Banco do Brasil SA/Cayman (10 yr. CMT Rate + 4.40%)		8.75	%^(a)		10/15/2025		5,454,119
CHILE - 1.7%
	1,800,000	Chile Electricity Lux Mpc II Sarl		5.67	%^(d)		10/20/2035		1,814,408
	186,000	Chile Electricity Lux MPC Sarl		6.01	%		01/20/2033		192,930
	5,000,000	Corp. Nacional del Cobre de Chile		5.13	%		02/02/2033		4,873,617
									6,880,955
COLOMBIA - 3.8%
	2,900,000	Colombia Government International Bond		5.00	%		06/15/2045		1,963,310
	3,000,000	Colombia Government International Bond		4.13	%		05/15/2051		1,715,070
	5,000,000	Ecopetrol SA (0)		4.63	%		11/02/2031		4,226,738
	800,000	Ecopetrol SA		5.88	%		05/28/2045		552,803
	10,300,000	Ecopetrol SA		5.88	%		11/02/2051		6,790,028
									15,247,949

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
DOMINICAN REPUBLIC - 0.9%
	500,000	Dominican Republic International Bond		5.95	%		01/25/2027		505,550
	3,000,000	Dominican Republic International Bond		5.50	%		02/22/2029		2,994,300
									3,499,850
GUATEMALA - 2.0%
	1,200,000	Guatemala Government Bond		4.50	%		05/03/2026		1,190,868
	1,100,000	Guatemala Government Bond		4.38	%		06/05/2027		1,083,500
	1,600,000	Guatemala Government Bond		4.88	%		02/13/2028		1,584,696
	1,800,000	Guatemala Government Bond		5.25	%		08/10/2029		1,791,000
	2,400,000	Guatemala Government Bond		5.38	%		04/24/2032		2,349,432
									7,999,496
INDIA - 0.6%
	1,300,000	BPRL International Singapore Pte Ltd.		4.38	%		01/18/2027		1,294,772
	1,300,000	ONGC Videsh Vankorneft Pte Ltd.		3.75	%		07/27/2026		1,288,661
									2,583,433
INDONESIA - 2.2%
	4,400,000	Bank Negara Indonesia Persero Tbk PT		3.75	%		03/30/2026		4,355,835
	2,600,000	Pertamina Persero PT		1.40	%		02/09/2026		2,550,619
	1,700,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara		4.13	%		05/15/2027		1,684,272
									8,590,726
MEXICO - 6.9%
	200,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands		5.88	%^(d)		05/07/2030		203,122
	3,100,000	Comision Federal de Electricidad		3.35	%		02/09/2031		2,733,118
	1,000,000	Comision Federal de Electricidad		6.45	%^(d)		01/24/2035		988,292
	1,391,950	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%		01/31/2041		1,414,082
	4,076,426	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%^(d)		01/31/2041		4,141,242
	11,000,000	Mexico Government International Bond		4.40	%		02/12/2052		7,746,475
	7,000,000	Mexico Government International Bond		6.34	%		05/04/2053		6,440,700
	5,400,000	Petroleos Mexicanos		6.75	%		09/21/2047		3,914,546
									27,581,577
MOROCCO - 3.3%
	1,800,000	Morocco Government International Bond		2.38	%		12/15/2027		1,704,428
	700,000	Morocco Government International Bond		5.95	%		03/08/2028		718,124
	3,000,000	Morocco Government International Bond		3.00	%		12/15/2032		2,543,326
	1,300,000	Morocco Government International Bond		4.00	%		12/15/2050		887,055
	1,100,000	OCP SA		4.50	%		10/22/2025		1,096,867
	5,800,000	OCP SA		6.75	%		05/02/2034		6,020,156
									12,969,956
PARAGUAY - 1.8%
	6,104,427	Bioceanico Sovereign Certificate Ltd.		0.00	%		06/05/2034		4,859,123
	2,343,000	Paraguay Government International Bond		4.70	%		03/27/2027		2,344,289
									7,203,412
PERU - 0.6%
	2,438,846	Lima Metro Line 2 Finance Ltd.		5.88	%		07/05/2034		2,475,109
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $109,303,357)							100,486,582
COMMON STOCKS - 0.0%^(e)
BRAZIL - 0.0%^(e)
	556	Stitching Administratiekantoor Unigel Creditors^(c)(f)							–
	1,512	Stichting Administratiekantoor ADR^(c)(f)							–
		Total Common Stocks (Cost $–)							–
ESCROW NOTES - 0.0%^(e)
MEXICO - 0.0%^(e)
	5,200,000	Credito Real SAB de CV SOFOM ER^(f)							64,688
		Total Escrow Notes (Cost $5,127,763)							64,688

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
SHORT TERM INVESTMENTS - 1.3%
	1,686,094	First American Government Obligations Fund - U		4.28	%^(g)			1,686,094
	1,686,095	JPMorgan US Government Money Market Fund - IM		4.28	%^(g)			1,686,095
	1,686,095	MSILF Government Portfolio - Institutional		4.24	%^(g)			1,686,095
		Total Short Term Investments (Cost $5,058,284)						5,058,284
		Total Investments - 99.3% (Cost $425,525,486)						395,531,163
		Other Assets in Excess of Liabilities - 0.7%						2,680,437
		NET ASSETS - 100.0%					$	398,211,600

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Foreign Corporate Bonds	72.8	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	25.2	%
Short Term Investments	1.3	%
Escrow Notes	0.0	%^(e)
Common Stocks	0.0	%^(e)
Other Assets and Liabilities	0.7	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Banking	21.5	%
Transportation	16.9	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	16.8	%
Utilities	13.7	%
Energy	10.9	%
Mining	5.9	%
Consumer Products	4.1	%
Retailers (other than Food/Drug)	2.9	%
Building and Development (including Steel/Metals)	2.4	%
Short Term Investments	1.3	%
Telecommunications	0.9	%
Chemical Products	0.8	%
Conglomerates	0.7	%
Food Products	0.3	%
Technology	0.2	%
Escrow Notes	0.0	%^(e)
Finance	0.0	%^(e)
Other Assets and Liabilities	0.7	%
Net Assets	100.0	%

COUNTRY BREAKDOWN as a % of Net Assets:
Mexico	14.9	%
Brazil	14.9	%
Peru	14.1	%
Colombia	10.0	%
India	9.9	%
Chile	7.4	%
Singapore	5.6	%
Guatemala	5.5	%
Paraguay	3.7	%
Indonesia	3.6	%
Morocco	3.3	%
South Africa	1.8	%
Dominican Republic	1.8	%
United States	1.3	%
Vietnam	0.8	%
United Arab Emirates	0.7	%
Kuwait	0.0	%^(e)
Jamaica	0.0	%^(e)
Other Assets and Liabilities	0.7	%
Net Assets	100.0	%

(a)	Perpetual maturity. The date disclosed is the next call date of the security.
(b)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(c)	Value determined using significant unobservable inputs.
(d)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $51,205,993 or 12.9% of the Fund's net assets.
(e)	Represents less than 0.05% of net assets.
(f)	Non-income producing security.
(g)	Seven-day yield as of period end.

CMT	Constant Maturity Treasury Rate
PIK	A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.

DoubleLine Low Duration Bond Fund		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
ASSET BACKED OBLIGATIONS - 7.8%
		ACHV Trust
	360,276	Series 2023-3PL-C		7.35	%^(a)		08/19/2030		360,774
	4,339,051	Series 2024-2PL-A		5.07	%^(a)		10/27/2031		4,355,458
		Affirm, Inc.
	5,300,000	Series 2024-A-A		5.61	%^(a)		02/15/2029		5,325,227
	679,482	Series 2024-X1-A		6.27	%^(a)		05/15/2029		680,058
	2,308,934	Series 2024-X2-A		5.22	%^(a)		12/17/2029		2,310,290
	20,000,000	Series 2025-1A-A		4.99	%^(a)		02/15/2033		20,164,394
	10,711,011	Series 2025-X1-A		5.08	%^(a)		04/15/2030		10,722,405
		Aligned Data Centers Issuer LLC
	3,100,000	Series 2022-1A-A2		6.35	%^(a)		10/15/2047		3,108,891
		American Credit Acceptance Receivables Trust
	202,762	Series 2024-2-A		5.90	%^(a)		02/12/2027		202,871
	2,708,817	Series 2024-3-A		5.76	%^(a)		11/12/2027		2,714,151
	6,000,000	Series 2024-4-B		4.80	%^(a)		11/13/2028		6,007,864
		Aqua Finance Trust
	1,009,762	Series 2020-AA-A		1.90	%^(a)		07/17/2046		946,012
		Arivo Acceptance Auto Loan Receivables Trust
	1,009,422	Series 2022-1A-A		3.93	%^(a)		05/15/2028		1,007,639
		AVANT Loans Funding Trust
	10,000,000	Series 2024-REV1-A		5.92	%^(a)		10/15/2033		10,121,450
	20,000,000	Series 2025-REV1-A		5.12	%^(a)		05/15/2034		20,081,566
		Bridgecrest Lending Auto Securitization Trust
	1,577,737	Series 2024-3-A2		5.54	%		02/16/2027		1,578,624
		CAI International, Inc.
	6,389,531	Series 2020-1A-A		2.22	%^(a)		09/25/2045		6,035,961
		Carvana Auto Receivables Trust
	1,051,826	Series 2023-N3-A		6.41	%^(a)		09/10/2027		1,053,710
	1,241,157	Series 2024-N1-A2		5.76	%^(a)		04/12/2027		1,241,858
	8,000,000	Series 2024-P3-A4		4.31	%		09/10/2030		8,002,034
		Cologix Data Centers US Issuer LLC
	3,910,000	Series 2021-1A-A2		3.30	%^(a)		12/26/2051		3,785,977
		Commonbond Student Loan Trust
	770,581	Series 2017-BGS-A1		2.68	%^(a)		09/25/2042		721,743
	718,023	Series 2020-AGS-A		1.98	%^(a)		08/25/2050		641,777
		Compass Datacenters LLC
	17,648,000	Series 2024-1A-A1		5.25	%^(a)		02/25/2049		17,750,170
		CPS Auto Trust
	495,835	Series 2024-A-A		5.71	%^(a)		09/15/2027		496,333
		DataBank Issuer
	1,599,000	Series 2021-1A-A2		2.06	%^(a)		02/27/2051		1,564,460
	10,000,000	Series 2023-1A-A2		5.12	%^(a)		02/25/2053		9,988,980
		Diamond Resorts Owner Trust
	1,015,627	Series 2021-1A-B		2.05	%^(a)		11/21/2033		1,010,280
		Domino’s SPV Guarantor LLC
	1,488,000	Series 2019-1A-A2		3.67	%^(a)		10/25/2049		1,420,713
		DT Auto Owner Trust
	2,000,000	Series 2022-1A-E		5.53	%^(a)		03/15/2029		1,993,313
		Exeter Automobile Receivables Trust
	4,348,985	Series 2021-4A-D		1.96	%		01/17/2028		4,298,293
	1,879,665	Series 2024-5A-A2		4.79	%		04/15/2027		1,879,645
		FCCU Auto Receivables Trust
	3,500,000	Series 2025-1A-A2		4.87	%^(a)		01/16/2029		3,508,366
		Global Sea Containers Two SRL
	2,373,378	Series 2020-1A-A		2.17	%^(a)		10/17/2040		2,263,514
		GLS Auto Receivables Trust
	46,034	Series 2021-1A-D		1.68	%^(a)		01/15/2027		45,977
	19,650,000	Series 2025-1A-C		5.07	%^(a)		11/15/2030		19,835,390

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		GLS Auto Select Receivables Trust
	3,040,155	Series 2024-3A-A2		5.59	%^(a)		10/15/2029		3,077,651
	7,838,050	Series 2024-4A-A2		4.43	%^(a)		12/17/2029		7,835,547
		GM Financial Leasing Trust
	6,750,000	Series 2025-2-C		5.04	%		10/22/2029		6,807,163
		GreenSky LLC
	3,048,321	Series 2024-2-A4		5.15	%^(a)		10/27/2059		3,075,934
		Hilton Grand Vacations, Inc.
	236,171	Series 2020-AA-A		2.74	%^(a)		02/25/2039		230,340
		Laurel Road Prime Student Loan Trust
	54,631	Series 2019-A-A1FX		2.34	%^(a)		10/25/2048		54,404
		Lendbuzz Securitization Trust
	3,774,972	Series 2023-1A-A2		6.92	%^(a)		08/15/2028		3,829,266
	1,726,593	Series 2023-2A-A2		7.09	%^(a)		10/16/2028		1,755,809
	5,713,371	Series 2024-2A-A2		5.99	%^(a)		05/15/2029		5,763,018
	8,750,000	Series 2025-1A-A2		5.10	%^(a)		10/15/2030		8,782,098
		Loanpal Solar Loan Ltd.
	7,115,344	Series 2020-3GS-A		2.47	%^(a)		12/20/2047		6,001,266
		Mariner Finance Issuance Trust
	1,660,000	Series 2021-AA-B		2.33	%^(a)		03/20/2036		1,589,534
	4,150,000	Series 2024-BA-A		4.91	%^(a)		11/20/2038		4,201,561
	13,000,000	Series 2025-AA-A		4.98	%^(a)		05/20/2038		13,191,012
		Marlette Funding Trust
	2,952,619	Series 2024-1A-A		5.95	%^(a)		07/17/2034		2,957,240
		Navient Student Loan Trust
	1,857,764	Series 2020-FA-A		1.22	%^(a)		07/15/2069		1,732,697
	1,057,393	Series 2020-GA-A		1.17	%^(a)		09/16/2069		985,231
	8,586,293	Series 2022-A-A		2.23	%^(a)		07/15/2070		7,870,653
		Pagaya AI Debt Selection Trust
	259,604	Series 2021-HG1-A		1.22	%^(a)		01/16/2029		258,447
	849,902	Series 2024-11-B		5.64	%^(a)		07/15/2032		852,777
	7,999,081	Series 2024-11-C		5.87	%^(a)		07/15/2032		8,031,794
	1,381,641	Series 2024-5-C		7.27	%^(a)		10/15/2031		1,396,796
	11,499,018	Series 2025-1-A2		5.16	%^(a)		07/15/2032		11,534,066
	6,250,000	Series 2025-2-B		5.33	%^(a)		10/15/2032		6,263,509
	8,000,000	Series 2025-2-C		5.64	%^(a)		10/15/2032		8,022,042
		Prosper Marketplace Issuance Trust
	444,192	Series 2024-1A-A		6.12	%^(a)		08/15/2029		444,838
		Research-Driven Pagaya Motor Asset Trust
	21,576,140	Series 2025-1A-A		5.04	%^(a)		06/27/2033		21,545,487
		Santander Consumer USA Holdings, Inc.
	792,992	Series 2024-3-A2		5.91	%		06/15/2027		793,469
	4,250,000	Series 2024-5-C		4.78	%		01/15/2031		4,270,145
		SCCU Auto Receivables Trust
	5,469,676	Series 2024-1A-A2		5.45	%^(a)		12/15/2027		5,482,624
		SFS Auto Receivables Securitization Trust
	371,292	Series 2024-1A-A2		5.35	%^(a)		06/21/2027		371,506
		Sierra Timeshare Conduit Receivables Funding LLC
	645,276	Series 2021-2A-C		1.95	%^(a)		09/20/2038		630,234
		Slam Ltd.
	9,525,223	Series 2024-1A-A		5.34	%^(a)		09/15/2049		9,609,950
		SLM Student Loan Trust
	3,789,619	Series 2006-A-A5 (3 mo. Term SOFR + 0.55%, 0.00% Floor)		4.87	%		06/15/2039		3,689,198
	2,246,562	Series 2006-B-A5 (3 mo. Term SOFR + 0.53%, 0.00% Floor)		4.85	%		12/15/2039		2,192,719
		SOFI Alternative Trust
	1,370,240	Series 2021-1-PT1		9.72	%^(a)(b)		05/25/2030		1,357,097
	1,674,415	Series 2021-2-A		1.25	%^(a)		08/15/2030		1,655,636
	4,172,425	Series 2021-3-A		1.50	%^(a)		11/15/2030		4,107,807
		SoFi Consumer Loan Program Trust
	12,539,668	Series 2025-1-A		4.80	%^(a)		02/27/2034		12,566,829
	12,000,000	Series 2025-2-B		4.97	%^(a)		06/25/2034		12,170,784
		SoFi Professional Loan Program LLC
	497,609	Series 2018-D-A2FX		3.60	%^(a)		02/25/2048		492,090
	2,752,424	Series 2020-C-AFX		1.95	%^(a)		02/15/2046		2,578,022

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		TAL Advantage LLC
	2,506,250	Series 2020-1A-A		2.05	%^(a)		09/20/2045		2,361,870
		Tesla Sustainable Energy Trust
	19,817,128	Series 2024-1A-A2		5.08	%^(a)		06/21/2050		19,903,896
		Textainer Ltd.
	693,333	Series 2021-3A-A		1.94	%^(a)		08/20/2046		617,699
		Toyota Lease Owner Trust
	17,150,000	Series 2024-B-A4		4.25	%^(a)		01/22/2029		17,167,995
		UPCL
	8,581,862	Series 2023-1-A		7.65	%^(c)		04/22/2030		8,673,688
		Upgrade Master Pass-Thru Trust
	266,114	Series 2021-PT3-A		16.14	%^(a)(b)		07/15/2027		248,782
	11,531,400	Series 2025-ST2-A		6.11	%^(a)		06/15/2032		11,636,044
		Upgrade Receivables Trust
	5,235,180	Series 2024-1A-A		5.37	%^(a)		02/18/2031		5,239,167
		Upstart Pass-Through Trust Series
	164,215	Series 2021-ST5-A		2.00	%^(a)		07/20/2027		163,105
		Upstart Securitization Trust
	609,785	Series 2023-1-B		8.35	%^(a)		02/20/2033		611,280
	285,693	Series 2023-2-A		6.77	%^(a)		06/20/2033		285,915
	2,299,417	Series 2023-3-A		6.90	%^(a)		10/20/2033		2,314,029
	6,943,874	Series 2024-1-A		5.33	%^(a)		11/20/2034		6,956,736
	13,188,507	Series 2025-1-A		5.45	%^(a)		04/20/2035		13,214,580
	7,000,000	Series 2025-2-A2		5.22	%^(a)		06/20/2035		7,034,790
		Wendy’s SPV Guarantor LLC
	4,647,051	Series 2018-1A-A2II		3.88	%^(a)		03/15/2048		4,539,903
		Westgate Resorts LLC
	1,964,283	Series 2022-1A-C		2.49	%^(a)		08/20/2036		1,952,548
		Westlake Automobile Receivables Trust
	1,972,695	Series 2023-4A-A2		6.23	%^(a)		01/15/2027		1,975,469
	918,408	Series 2024-1A-A2A		5.62	%^(a)		03/15/2027		919,012
		Total Asset Backed Obligations (Cost $482,052,848)							483,100,966
COLLATERALIZED LOAN OBLIGATIONS - 12.0%
		Allegro CLO Ltd.
	7,000,000	Series 2022-1A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor)		5.49	%^(a)		04/20/2038		7,003,318
		Bain Capital Credit CLO
	20,000,000	Series 2022-6A-A1R (3 mo. Term SOFR + 1.37%, 1.37% Floor)		5.64	%^(a)		01/22/2038		20,099,872
	10,000,000	Series 2024-6A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor)		5.65	%^(a)		01/21/2038		10,032,430
		Battalion CLO Ltd.
	30,000,000	Series 2017-11A-AR (3 mo. Term SOFR + 1.41%, 1.15% Floor)		5.69	%^(a)		04/24/2034		30,075,990
	22,000,000	Series 2021-20A-AR (3 mo. Term SOFR + 1.22%, 1.22% Floor)		5.54	%^(a)		04/15/2038		21,998,768
		Benefit Street Partners CLO Ltd.
	15,000,000	Series 2024-37A-A (3 mo. Term SOFR + 1.35%, 1.35% Floor)		5.70	%^(a)		01/25/2038		15,061,036
		BlueMountain CLO Ltd.
	22,000,000	Series 2021-31A-A1 (3 mo. Term SOFR + 1.41%, 1.15% Floor)		5.68	%^(a)		04/19/2034		22,054,314
		Bridge Street CLO Ltd.
	24,000,000	Series 2021-1A-A1A (3 mo. Term SOFR + 1.49%, 1.23% Floor)		5.76	%^(a)		07/20/2034		24,047,434
	6,000,000	Series 2025-1A-A1 (3 mo. Term SOFR + 1.22%, 1.22% Floor)		5.48	%^(a)		04/20/2038		6,003,066
		Capital Four US CLO Ltd.
	15,000,000	Series 2021-1A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		5.74	%^(a)		01/18/2035		15,027,301
		Carlyle Global Market Strategies
	15,000,000	Series 2022-2A-A1R (3 mo. Term SOFR + 1.36%, 1.36% Floor)		5.63	%^(a)		01/20/2038		15,076,260
		CBAM Ltd.
	10,000,000	Series 2017-1A-AR2 (3 mo. Term SOFR + 1.39%, 1.39% Floor)		5.66	%^(a)		01/20/2038		10,042,280
	10,000,000	Series 2017-2A-AR (3 mo. Term SOFR + 1.45%, 1.19% Floor)		5.73	%^(a)		07/17/2034		10,016,938

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	6,245,555	Series 2019-10A-A1R (3 mo. Term SOFR + 1.38%, 1.12% Floor)		5.65	%^(a)		04/20/2032		6,257,589
		Cedar Funding Ltd.
	20,000,000	Series 2018-9A-AR (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.69	%^(a)		07/20/2037		20,087,432
		CIFC Funding Ltd.
	10,000,000	Series 2021-5A-A1R (3 mo. Term SOFR + 1.26%, 1.26% Floor)		5.52	%^(a)		01/15/2038		10,026,000
		Clover CLO
	20,000,000	Series 2018-1A-A1RR (3 mo. Term SOFR + 1.53%, 1.53% Floor)		5.80	%^(a)		04/20/2037		20,080,356
		Crown City CLO
	18,000,000	Series 2021-1A-A1A (3 mo. Term SOFR + 1.43%, 1.17% Floor)		5.70	%^(a)		07/20/2034		18,036,839
		Generate CLO Ltd.
	46,500,000	Series 9A-AR (3 mo. Term SOFR + 1.35%, 1.35% Floor)		5.62	%^(a)		01/20/2038		46,662,606
		Greenacre Park CLO LLC
	5,240,000	Series 2021-2A-AR (3 mo. Term SOFR + 1.37%, 1.37% Floor)		5.67	%^(a)		07/20/2037		5,262,947
		Halsey Point CLO Ltd.
	52,000,000	Series 2021-5A-A1A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		5.75	%^(a)		01/30/2035		52,093,600
		Harbourview CLO VII LLC
	497,422	Series 7RA-A1 (3 mo. Term SOFR + 1.39%, 1.13% Floor)		5.66	%^(a)		07/18/2031		497,684
		Invesco CLO Ltd.
	10,000,000	Series 2023-3A-A (3 mo. Term SOFR + 1.80%, 1.80% Floor)		6.06	%^(a)		07/15/2036		10,020,380
		Jackson Financial, Inc.
	20,000,000	Series 2021-5A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor)		5.73	%^(a)		10/18/2034		20,044,358
		Katayma CLO Ltd.
	22,500,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor)		5.92	%^(a)		04/20/2037		22,616,370
		Madison Park Funding Ltd.
	10,000,000	Series 2021-52A-A (3 mo. Term SOFR + 1.36%, 1.36% Floor)		5.63	%^(a)		01/22/2035		10,036,820
		Marble Point CLO
	10,000,000	Series 2021-2A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor)		5.74	%^(a)		07/25/2034		10,012,195
		MP CLO Ltd.
	15,000,000	Series 2015-2A-ARR (3 mo. Term SOFR + 1.46%, 1.20% Floor)		5.74	%^(a)		04/28/2034		15,029,130
		Ocean Trails CLO
	8,629,731	Series 2014-5A-ARR (3 mo. Term SOFR + 1.54%, 1.28% Floor)		5.78	%^(a)		10/13/2031		8,656,037
		OCP CLO Ltd.
	3,000,000	Series 2020-20A-A1R (3 mo. Term SOFR + 1.53%, 1.53% Floor)		5.80	%^(a)		04/18/2037		3,012,087
	28,000,000	Series 2024-32A-A1 (3 mo. Term SOFR + 1.52%, 1.52% Floor)		5.80	%^(a)		04/23/2037		28,110,732
		Octagon Credit Investors LLC
	10,000,000	Series 2025-1A-A1 (3 mo. Term SOFR + 1.20%, 1.20% Floor)		5.49	%^(a)		01/22/2038		10,006,388
		OHA Credit Funding
	9,000,000	Series 2020-7A-A1R2 (3 mo. Term SOFR + 1.28%, 1.28% Floor)		5.54	%^(a)		07/19/2038		9,000,000
		Regatta Funding Ltd.
	11,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.53%, 1.53% Floor)		5.81	%^(a)		04/26/2037		11,045,990
		Romark LLC
	6,876,701	Series 2018-1A-A1 (3 mo. Term SOFR + 1.29%, 0.00% Floor)		5.56	%^(a)		04/20/2031		6,886,495
		Sound Point CLO Ltd.
	8,497,600	Series 2014-2RA-A (3 mo. Term SOFR + 1.51%, 1.25% Floor)		5.78	%^(a)		10/20/2031		8,526,025
	25,000,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.43%, 1.43% Floor)		5.70	%^(a)		07/20/2034		25,051,265
		Steele Creek CLO Ltd.
	27,583,518	Series 2019-2A-ARR (3 mo. Term SOFR + 1.00%, 1.00% Floor)		5.26	%^(a)		07/15/2032		27,588,113
		Storm King Park CLO Ltd.
	9,000,000	Series 2022-1A-AR (3 mo. Term SOFR + 1.36%, 1.36% Floor)		5.62	%^(a)		10/15/2037		9,037,005
		Texas Debt Capital CLO Ltd.
	10,500,000	Series 2023-1A-A1R (3 mo. Term SOFR + 1.30%, 1.30% Floor)		5.57	%^(a)		07/20/2038		10,500,000
		Tralee CLO Ltd.
	2,908,428	Series 2019-6A-A1RR (3 mo. Term SOFR + 1.22%, 1.22% Floor)		5.50	%^(a)		10/25/2032		2,915,065

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Trestles CLO LLC
	20,000,000	Series 2021-4A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor)		5.70	%^(a)		07/21/2034		20,045,516
		Trestles LLC
	10,000,000	Series 2023-6A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor)		5.45	%^(a)		04/25/2038		10,002,980
		Trimaran CAVU LLC
	10,000,000	Series 2021-3A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		5.74	%^(a)		01/18/2035		10,015,334
		Vibrant CLO Ltd.
	10,000,000	Series 2021-13A-A1R (3 mo. Term SOFR + 1.40%, 1.40% Floor)		5.66	%^(a)		01/15/2038		10,034,456
	20,000,000	Series 2024-4RA-A1A (3 mo. Term SOFR + 1.43%, 1.43% Floor)		5.70	%^(a)		10/20/2037		20,094,196
		Warwick Capital CLO Ltd.
	10,000,000	Series 2024-4A-A1 (3 mo. Term SOFR + 1.40%, 1.40% Floor)		5.67	%^(a)		07/20/2037		10,042,897
		Wellfleet CLO Ltd.
	8,000,000	Series 2020-1A-A1AR (3 mo. Term SOFR + 1.20%, 1.20% Floor)		5.46	%^(a)		04/15/2033		8,018,635
	5,000,000	Series 2021-2A-A1 (3 mo. Term SOFR + 1.46%, 1.20% Floor)		5.72	%^(a)		07/15/2034		5,007,240
	5,000,000	Series 2022-1A-A1RN (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.68	%^(a)		07/15/2037		5,022,323
		Wellington Management Clo 3 Ltd.
	4,000,000	Series 2025-4A-A (3 mo. Term SOFR + 1.15%, 1.15% Floor)		5.43	%^(a)		04/18/2038		3,997,331
		Wind River CLO Ltd.
	14,500,000	Series 2021-4A-AR (3 mo. Term SOFR + 1.23%, 1.23% Floor)		0.00	%^(a)		01/20/2035		14,500,000
		Total Collateralized Loan Obligations (Cost $748,722,342)							750,419,423
FOREIGN CORPORATE BONDS - 6.8%
	1,760,000	Adani International Container Terminal Pvt Ltd.		3.00	%		02/16/2031		1,551,040
	5,400,000	Adani Ports & Special Economic Zone Ltd.		4.00	%		07/30/2027		5,231,448
	4,300,000	Adani Transmission Step-One Ltd.		4.00	%		08/03/2026		4,255,877
	5,781,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust		6.45	%		04/15/2027		5,971,441
	2,487,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust		5.75	%		06/06/2028		2,573,702
	1,465,000	Aker BP ASA		5.60	%^(a)		06/13/2028		1,505,563
	5,362,477	AL Candelaria Spain SA		7.50	%		12/15/2028		5,356,433
	4,100,000	AngloGold Ashanti Holdings PLC		3.38	%		11/01/2028		3,915,722
	4,500,000	Antofagasta PLC		2.38	%		10/14/2030		3,984,666
	4,083,000	Avolon Holdings Funding Ltd.		6.38	%^(a)		05/04/2028		4,259,519
	4,637,000	Avolon Holdings Funding Ltd.		5.38	%^(a)		05/30/2030		4,725,537
	9,131,000	BAE Systems PLC		3.40	%^(a)		04/15/2030		8,716,435
	2,850,000	Banco Continental SAECA		2.75	%^(a)		12/10/2025		2,824,969
	5,500,000	Banco Continental SAECA		2.75	%		12/10/2025		5,451,694
	7,200,000	Banco de Bogota SA		6.25	%		05/12/2026		7,227,216
	1,800,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 2.45%)		3.25	%		09/30/2031		1,746,922
	7,900,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 2.45%)		3.25	%^(a)		09/30/2031		7,667,047
	6,250,000	Banco Industrial SA/Guatemala (5 yr. CMT Rate + 4.44%)		4.88	%		01/29/2031		6,223,437
	9,000,000	Banco Internacional del Peru SAA Interbank (5 yr. CMT Rate + 3.71%)		4.00	%		07/08/2030		8,973,331
	5,650,000	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand (5 yr. CMT Rate + 3.00%)		7.53	%		10/01/2028		5,978,903
	1,890,000	Bank of Ireland Group PLC (SOFR + 1.62%)		5.60	%^(a)		03/20/2030		1,948,693
	5,797,000	Bank of Montreal (SOFR + 1.25%)		4.64	%		09/10/2030		5,846,550
	251,000	BAT Capital Corp.		4.91	%		04/02/2030		254,458
	3,484,000	BAT International Finance PLC		1.67	%		03/25/2026		3,412,323
	4,090,000	BAT International Finance PLC		5.93	%		02/02/2029		4,293,441
	9,400,000	BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX (5 yr. CMT Rate + 4.31%)		5.88	%		09/13/2034		9,243,588
	5,828,000	BPCE SA (SOFR + 1.68%)		5.88	%^(a)		01/14/2031		6,047,254

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	3,200,000	BRF GmbH		4.35	%		09/29/2026		3,170,085
	5,322,000	CaixaBank SA (SOFR + 2.70%)		6.21	%^(a)		01/18/2029		5,532,836
	3,065,000	Canadian Imperial Bank of Commerce		3.95	%		08/04/2025		3,062,711
	4,230,000	Canadian Imperial Bank of Commerce (SOFR + 1.11%)		5.25	%		01/13/2031		4,334,518
	10,034,000	Canadian Pacific Railway Co.		4.80	%		03/30/2030		10,200,343
	5,000,000	Cemex SAB de CV (5 yr. CMT Rate + 4.53%)		5.13	%^(d)		06/08/2026		4,921,024
	4,500,000	Cemex SAB de CV		5.45	%		11/19/2029		4,515,179
	4,400,000	Cencosud SA		4.38	%		07/17/2027		4,368,186
	11,495,184	Chile Electricity PEC SpA		0.00	%^(a)		01/25/2028		10,162,317
	2,349,800	Cometa Energia SAB de CV		6.38	%		04/24/2035		2,423,422
	4,149,000	Cosan Luxembourg SA		5.50	%		09/20/2029		4,045,644
	5,836,000	Credit Agricole SA (SOFR + 1.13%)		5.23	%^(a)		01/09/2029		5,933,140
	9,700,000	DBS Group Holdings Ltd. (5 yr. CMT Rate + 1.10%)		1.82	%		03/10/2031		9,520,204
	1,715,000	Diageo Investment Corp.		5.13	%		08/15/2030		1,767,413
	597,011	Digicel Group Holdings Ltd.		0.00	%^(a)(c)		12/31/2030		26,104
	191,724	Digicel Group Holdings Ltd.		0.00	%^(a)(c)		12/31/2030		1,194
	5,749,000	Element Fleet Management Corp.		6.32	%^(a)		12/04/2028		6,065,958
	4,760,000	Element Fleet Management Corp.		5.04	%^(a)		03/25/2030		4,804,001
	1,320,500	Empresa Electrica Angamos SA		4.88	%		05/25/2029		1,191,821
	1,722,165	Empresa Electrica Cochrane SpA		5.50	%		05/14/2027		1,703,909
	2,252,000	Enbridge, Inc.		6.00	%		11/15/2028		2,365,130
	4,643,000	Enel Finance International NV		5.13	%^(a)		06/26/2029		4,731,058
	400,000	Energuate Trust		5.88	%		05/03/2027		398,144
	7,988,235	Fenix Power Peru SA		4.32	%		09/20/2027		7,820,336
	1,350,000	Freeport Indonesia PT		4.76	%^(a)		04/14/2027		1,353,291
	5,700,000	Freeport Indonesia PT		4.76	%		04/14/2027		5,713,896
	4,550,000	Freeport-McMoRan, Inc.		5.00	%		09/01/2027		4,543,254
	803,420	Galaxy Pipeline Assets Bidco Ltd.		1.75	%		09/30/2027		776,342
	1,032,010	Galaxy Pipeline Assets Bidco Ltd.		2.16	%		03/31/2034		916,560
	5,164,000	Glencore Funding LLC (SOFR + 1.06%)		5.40	%^(a)		04/04/2027		5,190,155
	3,637,000	Glencore Funding LLC		4.91	%^(a)		04/01/2028		3,674,958
	7,350,318	GNL Quintero SA		4.63	%		07/31/2029		7,292,887
	2,200,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%		05/15/2029		2,289,341
	918,000	Grupo de Inversiones Suramericana SA		5.50	%		04/29/2026		921,580
	7,145,097	Guara Norte Sarl		5.20	%		06/15/2034		6,776,722
	300,000	HSBC Holdings PLC (SOFR + 3.03%)		7.34	%		11/03/2026		302,826
	320,000	HSBC Holdings PLC (SOFR + 1.04%)		5.44	%		11/19/2028		320,108
	5,576,000	Imperial Brands Finance PLC		4.50	%^(a)		06/30/2028		5,576,308
	2,600,000	InRetail Consumer		3.25	%		03/22/2028		2,468,053
	6,617,000	InRetail Shopping Malls		5.75	%		04/03/2028		6,617,927
	2,668,000	Intercorp Financial Services, Inc.		4.13	%		10/19/2027		2,594,865
	121,178	Interoceanica IV Finance Ltd. Series 2007		0.00	%^(c)		11/30/2025		117,694
	1,500,000	Itau Unibanco Holding SA/Cayman Island		6.00	%^(a)		02/27/2030		1,539,600
	3,940,500	JSW Hydro Energy Ltd.		4.13	%		05/18/2031		3,630,437
	3,200,000	JSW Infrastructure Ltd.		4.95	%		01/21/2029		3,137,915
	6,500,000	KUO SAB De CV		5.75	%		07/07/2027		6,408,793
	1,507,060	Lima Metro Line 2 Finance Ltd.		4.35	%		04/05/2036		1,418,746
	6,700,478	Mexico Generadora de Energia S de RL		5.50	%		12/06/2032		6,663,620
	5,400,000	Millicom International Cellular SA		5.13	%		01/15/2028		5,340,947
	2,391,300	Millicom International Cellular SA		6.25	%		03/25/2029		2,398,201
	4,300,000	Minerva Luxembourg SA		5.88	%		01/19/2028		4,306,412
	1,185,801	Mong Duong Finance Holdings BV		5.13	%		05/07/2029		1,159,379
	6,005,024	MV24 Capital BV		6.75	%		06/01/2034		5,829,315
	460,000	Nationwide Building Society (SOFR + 1.91%)		6.56	%^(a)		10/18/2027		471,729

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	6,200,000	NatWest Group PLC (1 yr. CMT Rate + 1.22%)		4.96	%		08/15/2030		6,273,151
	2,600,000	NBM US Holdings, Inc.		7.00	%		05/14/2026		2,606,903
	2,300,000	NBM US Holdings, Inc.		6.63	%		08/06/2029		2,317,797
	4,734,000	Nutrien Ltd.		4.90	%		03/27/2028		4,803,020
	5,400,000	Orazul Energy Peru SA		5.63	%		04/28/2027		5,352,993
	6,900,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		1.83	%^(a)		09/10/2030		6,865,295
	2,000,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		4.60	%		06/15/2032		2,004,005
	4,159,974	Prumo Participacoes e Investimentos S/A		7.50	%		12/31/2031		4,217,327
	1,907,000	Reliance Industries Ltd.		3.67	%		11/30/2027		1,872,966
	6,023,000	Rio Tinto Finance USA PLC		4.88	%		03/14/2030		6,141,016
	2,606,000	Royal Bank of Canada (SOFR + 0.53%)		4.89	%		01/20/2026		2,608,943
	9,282,000	Royal Bank of Canada (SOFR + 0.86%)		5.22	%		10/18/2028		9,296,370
	800,000	Scotiabank Peru SAA (1 yr. CMT Rate + 2.31%)		6.10	%^(a)		10/01/2035		813,600
	4,831,000	Siemens Funding BV		4.35	%^(a)		05/26/2028		4,869,710
	3,400,000	Suzano Austria GmbH		5.00	%		01/15/2030		3,390,297
	3,500,000	Telefonica Celular del Paraguay SA		5.88	%		04/15/2027		3,486,893
	1,570,000	UBS Group AG (1 yr. CMT Rate + 1.60%)		6.33	%^(a)		12/22/2027		1,612,414
	1,200,000	Ultrapar International SA		5.25	%		10/06/2026		1,198,015
	200,000	Ultrapar International SA		5.25	%		06/06/2029		199,108
	7,600,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.52%)		1.75	%		03/16/2031		7,449,739
	1,800,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.23%)		2.00	%		10/14/2031		1,742,777
	5,899,000	Videotron Ltd.		5.13	%^(a)		04/15/2027		5,905,813
	5,100,000	Wipro IT Services LLC		1.50	%		06/23/2026		4,950,640
		Total Foreign Corporate Bonds (Cost $417,427,620)							421,982,539
FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.7%
	650,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands		5.88	%^(a)		05/07/2030		660,147
	5,486,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)		2.72	%		08/11/2031		5,211,943
	4,600,000	Bank Negara Indonesia Persero Tbk PT		3.75	%		03/30/2026		4,553,827
	8,563,956	Bioceanico Sovereign Certificate Ltd.		0.00	%		06/05/2034		6,816,909
	4,000,000	BPRL International Singapore Pte Ltd.		4.38	%		01/18/2027		3,983,914
	2,500,000	Brazilian Government International Bond		4.50	%		05/30/2029		2,451,076
	2,330,580	Chile Electricity Lux MPC Sarl		6.01	%		01/20/2033		2,417,417
	2,100,000	Comision Federal de Electricidad		4.69	%		05/15/2029		2,053,145
	4,900,000	Comision Federal de Electricidad		5.70	%^(a)		01/24/2030		4,896,325
	3,000,000	Corp. Nacional del Cobre de Chile		3.00	%		09/30/2029		2,788,970
	900,000	Corp. Nacional del Cobre de Chile		3.15	%		01/14/2030		837,469
	1,000,000	Corp. Nacional del Cobre de Chile		3.75	%		01/15/2031		934,228
	7,300,000	Dominican Republic International Bond		5.50	%		02/22/2029		7,286,130
	6,000,000	Guatemala Government Bond		4.50	%		05/03/2026		5,954,340
	3,200,000	Guatemala Government Bond		5.25	%		08/10/2029		3,184,000
	4,851,446	Lima Metro Line 2 Finance Ltd.		5.88	%		07/05/2034		4,923,582
	3,300,000	Mexico Government International Bond		5.00	%		05/07/2029		3,323,100
	3,300,000	Morocco Government International Bond		2.38	%		12/15/2027		3,124,784
	1,000,000	Oleoducto Central SA		4.00	%		07/14/2027		975,343
	6,600,000	ONGC Videsh Vankorneft Pte Ltd.		3.75	%		07/27/2026		6,542,431
	149,000	Paraguay Government International Bond		5.00	%		04/15/2026		149,000
	4,358,000	Paraguay Government International Bond		4.70	%		03/27/2027		4,360,397
	2,500,000	Paraguay Government International Bond		4.95	%		04/28/2031		2,489,000
	6,300,000	Pertamina Persero PT		1.40	%		02/09/2026		6,180,345
	5,300,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara		4.13	%		05/15/2027		5,250,967
	4,000,000	Peruvian Government International Bond		2.84	%		06/20/2030		3,675,560
	1,800,000	Petrobras Global Finance BV		7.38	%		01/17/2027		1,868,472

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	5,500,000	Petrobras Global Finance BV		6.00	%		01/27/2028		5,614,444
	5,000,000	TNB Global Ventures Capital Bhd		3.24	%		10/19/2026		4,932,612
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $106,002,277)							107,439,877
NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 14.2%
		1211 Avenue of the Americas Trust
	1,360,000	Series 2015-1211-A1A2		3.90	%^(a)		08/10/2035		1,305,401
		280 Park Avenue Mortgage Trust
	9,530,000	Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor)		5.49	%^(a)		09/15/2034		9,446,061
		ACREC Trust
	6,731,482	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		10/16/2036		6,738,900
	9,630,000	Series 2025-FL3-A (1 mo. Term SOFR + 1.31%, 1.31% Floor)		5.62	%^(a)		08/18/2042		9,627,833
		Arbor Multifamily Mortgage Securities Trust
	14,340,000	Series 2021-MF2-A2		2.02	%^(a)		06/15/2054		13,918,711
	77,990	Series 2021-MF3-A1		1.07	%^(a)		10/15/2054		76,229
		Arbor Realty Trust, Inc.
	13,247,589	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)		5.78	%^(a)		11/15/2036		13,287,093
	10,318,147	Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor)		5.75	%^(a)		01/15/2037		10,332,510
		AREIT Trust
	4,421,223	Series 2022-CRE6-A (30 day avg SOFR US + 1.25%, 1.25% Floor)		5.55	%^(a)		01/20/2037		4,439,491
	14,630,000	Series 2025-CRE10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		12/17/2029		14,496,443
		Banc of America Merrill Lynch Commercial Mortgage, Inc.
	29,108,538	Series 2016-UB10-XA		1.88	%^(b)(e)		07/15/2049		126,931
		BANK
	65,043,991	Series 2017-BNK5-XA		1.08	%^(b)(e)		06/15/2060		1,028,580
	78,302,223	Series 2017-BNK6-XA		0.92	%^(b)(e)		07/15/2060		951,145
	20,921,428	Series 2019-BN20-XA		0.92	%^(b)(e)		09/15/2062		611,883
	183,927,870	Series 2020-BN26-XA		1.31	%^(b)(e)		03/15/2063		7,726,773
	3,021,000	Series 2021-BN34-ASB		2.19	%		06/15/2063		2,809,184
	1,490,731	Series 2024-BNK48-A1		4.33	%		10/15/2057		1,485,705
		BANK5 Trust
	2,960,922	Series 2023-5YR2-A1		6.20	%		07/15/2056		3,020,078
	4,871,806	Series 2024-5YR5-A3		5.70	%		02/15/2029		5,037,835
	2,821,173	Series 2024-5YR8-A1		5.19	%		08/15/2057		2,857,459
	2,910,281	Series 2025-5YR14-A1		4.82	%		04/15/2058		2,928,291
		BBCMS Trust
	70,954,680	Series 2017-C1-XA		1.61	%^(b)(e)		02/15/2050		1,162,351
	111,880,827	Series 2020-C6-XA		1.13	%^(b)(e)		02/15/2053		4,211,250
	59,000,000	Series 2020-C6-XB		0.76	%^(b)(e)		02/15/2053		1,727,986
	252,487	Series 2023-C19-A1		5.70	%		04/15/2056		254,940
	588,608	Series 2024-5C31-A1		4.88	%		12/15/2057		593,540
	2,536,187	Series 2025-5C33-A1		4.97	%		03/15/2058		2,551,711
		BDS Ltd.
	14,000,000	Series 2024-FL13-A (1 mo. Term SOFR + 1.58%, 1.58% Floor)		5.89	%^(a)		09/19/2039		14,083,482
		Benchmark Mortgage Trust
	81,232,279	Series 2018-B1-XA		0.67	%^(b)(e)		01/15/2051		879,136
	169,103,179	Series 2020-B16-XA		0.91	%^(b)(e)		02/15/2053		5,423,156
	35,720,000	Series 2020-IG1-XB		0.24	%^(b)(e)		09/15/2043		235,823
	105,468	Series 2022-B32-A1		1.81	%		01/15/2055		102,885
	1,632,812	Series 2023-B39-A1		6.04	%		07/15/2056		1,654,915
	879,496	Series 2023-V2-A1		5.85	%		05/15/2055		883,943
	976,930	Series 2024-V8-A1		5.51	%		07/15/2057		994,746
		Blackstone Mortgage Trust, Inc.
	12,584,727	Series 2021-FL4-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.48	%^(a)		05/15/2038		12,544,959
		BMO Mortgage Trust
	1,246,851	Series 2023-C4-A1		5.29	%		02/15/2056		1,250,771
	1,735,256	Series 2023-C5-A1		5.74	%		06/15/2056		1,753,732

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	822,620	Series 2024-5C4-A1		6.02	%		05/15/2057		842,274
	887,908	Series 2024-5C6-A1		4.59	%		09/15/2057		886,699
	2,864,266	Series 2025-C11-A1		4.97	%		02/15/2058		2,905,371
		BPR Trust
	10,169,000	Series 2021-TY-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.48	%^(a)		09/15/2038		10,160,121
		BrightSpire Capital, Inc.
	7,541,388	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		08/19/2038		7,478,357
	6,000,000	Series 2021-FL1-AS (1 mo. Term SOFR + 1.71%, 1.60% Floor)		6.03	%^(a)		08/19/2038		5,965,638
	11,380,000	Series 2024-FL2-A (1 mo. Term SOFR + 1.95%, 1.95% Floor)		6.26	%^(a)		08/19/2037		11,418,476
		BSPRT Co.-Issuer LLC
	13,786,594	Series 2023-FL10-A (1 mo. Term SOFR + 2.26%, 2.26% Floor)		6.57	%^(a)		09/15/2035		13,816,511
	5,000,000	Series 2023-FL10-AS (1 mo. Term SOFR + 2.86%, 2.86% Floor)		7.17	%^(a)		09/15/2035		5,027,855
		BX Trust
	9,500,000	Series 2018-GW-A (1 mo. Term SOFR + 1.10%, 0.80% Floor)		5.41	%^(a)		05/15/2035		9,482,526
	1,722,925	Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor)		5.16	%^(a)		10/15/2036		1,722,866
	1,219,936	Series 2021-ACNT-A (1 mo. Term SOFR + 0.96%, 0.85% Floor)		5.28	%^(a)		11/15/2038		1,219,954
	7,303,000	Series 2021-ARIA-B (1 mo. Term SOFR + 1.41%, 1.30% Floor)		5.72	%^(a)		10/15/2036		7,297,281
	957,511	Series 2021-BXMF-A (1 mo. Term SOFR + 0.75%, 0.64% Floor)		5.06	%^(a)		10/15/2026		956,576
	4,415,000	Series 2021-LGCY-B (1 mo. Term SOFR + 0.97%, 0.86% Floor)		5.28	%^(a)		10/15/2036		4,405,559
	1,271,005	Series 2021-MFM1-A (1 mo. Term SOFR + 0.81%, 0.70% Floor)		5.13	%^(a)		01/15/2034		1,270,760
	8,786,585	Series 2021-MFM1-B (1 mo. Term SOFR + 1.06%, 0.95% Floor)		5.38	%^(a)		01/15/2034		8,785,151
	7,752,000	Series 2021-VIEW-A (1 mo. Term SOFR + 1.39%, 1.28% Floor)		5.71	%^(a)		06/15/2036		7,717,259
	2,126,578	Series 2021-VOLT-A (1 mo. Term SOFR + 0.81%, 0.70% Floor)		5.13	%^(a)		09/15/2036		2,120,599
	6,533,985	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)		5.11	%^(a)		10/15/2038		6,534,967
	3,101,000	Series 2021-XL2-C (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.62	%^(a)		10/15/2038		3,101,296
	1,516,557	Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor)		6.76	%^(a)		08/15/2039		1,517,979
	3,577,000	Series 2022-PSB-B (1 mo. Term SOFR + 2.95%, 2.95% Floor)		7.26	%^(a)		08/15/2039		3,581,471
	8,898,906	Series 2024-GPA3-A (1 mo. Term SOFR + 1.29%, 1.29% Floor)		5.60	%^(a)		12/15/2039		8,918,535
	10,120,000	Series 2025-ROIC-C (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.86	%^(a)		03/15/2030		10,049,301
		BXMT Ltd.
	270,719	Series 2020-FL2-A (1 mo. Term SOFR + 1.26%, 1.26% Floor)		5.58	%^(a)		02/15/2038		270,456
		Cantor Commercial Real Estate Lending LP
	4,030,158	Series 2019-CF1-A2		3.62	%		05/15/2052		3,857,042
		CFCRE Commercial Mortgage Trust
	42,452,000	Series 2017-C8-XB		1.05	%^(b)(e)		06/15/2050		633,600
		CFK Trust
	116,365,000	Series 2020-MF2-X		0.89	%^(a)(b)(e)		03/15/2039		1,168,014
		Citigroup Commercial Mortgage Trust
	1,296,157	Series 2016-C2-A4		2.83	%		08/10/2049		1,270,264
	28,613,411	Series 2016-GC36-XA		1.36	%^(b)(e)		02/10/2049		59,627
	5,673,706	Series 2016-P3-A3		3.06	%		04/15/2049		5,614,641
	45,787,681	Series 2016-P3-XA		1.81	%^(b)(e)		04/15/2049		325,958
	6,290,275	Series 2017-P7-A3		3.44	%		04/14/2050		6,194,708
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	1,007,315	Series 2016-C3-A4		2.63	%		08/10/2049		991,252
	700,000	Series 2016-C3-A5		2.89	%		08/10/2049		685,977
	19,841,120	Series 2017-CD4-XA		1.37	%^(b)(e)		05/10/2050		314,258
	1,572,000	Series 2020-C9-ASB		1.88	%		08/15/2053		1,477,569
		Commercial Mortgage Pass Through Certificates
	7,429,149	Series 2013-CR12-XA		0.67	%^(b)(e)		10/10/2046		151
	43,863,516	Series 2015-CR25-XA		0.86	%^(b)(e)		08/10/2048		728
	264,485	Series 2015-LC23-A3		3.52	%		10/10/2048		263,846
	1,009,319	Series 2016-COR1-A3		2.83	%		10/10/2049		992,124

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	500,000	Series 2016-COR1-A4		3.09	%		10/10/2049		490,039
	8,000,000	Series 2018-HCLV-A (1 mo. Term SOFR + 1.30%, 1.00% Floor)		5.61	%^(a)		09/15/2033		7,329,526
		Commercial Mortgage Trust
	77,820	Series 2021-PF1-A1		1.12	%		11/15/2054		75,839
		Computershare Corporate Trust
	13,119,481	Series 2015-LC22-XA		0.76	%^(b)(e)		09/15/2058		197
	4,899,004	Series 2019-C50-A4		3.47	%		05/15/2052		4,738,018
	153,859,308	Series 2019-C51-XA		1.41	%^(b)(e)		06/15/2052		6,374,391
	4,750,000	Series 2020-C57-ASB		1.91	%		08/15/2053		4,494,812
	11,264,308	Series 2021-C60-A2		2.04	%		08/15/2054		10,900,569
	1,462,931	Series 2021-SAVE-A (1 mo. Term SOFR + 1.36%, 1.15% Floor)		5.68	%^(a)		02/15/2040		1,464,091
	813,186	Series 2024-C63-A1		4.89	%		08/15/2057		819,676
		CSAIL Commercial Mortgage Trust
	85,677,045	Series 2017-C8-XA		1.20	%^(b)(e)		06/15/2050		1,268,037
	2,913,343	Series 2017-CX9-A4		3.18	%		09/15/2050		2,856,600
	9,731,223	Series 2017-CX9-XA		0.72	%^(b)(e)		09/15/2050		72,191
		Del Amo Fashion Center Trust
	6,850,000	Series 2017-AMO-A		3.76	%^(a)(b)		06/05/2035		6,588,403
		EQUS Mortgage Trust
	13,291,498	Series 2021-EQAZ-A (1 mo. Term SOFR + 1.02%, 0.76% Floor)		5.33	%^(a)		10/15/2038		13,291,655
		Extended Stay America Trust
	9,074,759	Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)		5.51	%^(a)		07/15/2038		9,082,753
		Franklin BSP Realty Trust, Inc.
	4,559,415	Series 2021-FL7-A (1 mo. Term SOFR + 1.43%, 1.43% Floor)		5.75	%^(a)		12/15/2038		4,565,032
	3,105,567	Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor)		5.80	%^(a)		02/15/2037		3,106,583
		FS Rialto
	9,696,643	Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor)		5.65	%^(a)		05/16/2038		9,639,655
	5,683,995	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)		5.68	%^(a)		11/16/2036		5,681,193
		FS Rialto Issuer LLC
	11,690,000	Series 2025-FL10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		08/19/2042		11,702,426
		Granite Point Mortgage Trust, Inc.
	7,068,290	Series 2021-FL3-A (1 mo. Term SOFR + 1.61%, 1.36% Floor)		5.93	%^(a)		07/16/2035		6,948,942
	10,960,075	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.35% Floor)		5.78	%^(a)		12/15/2036		10,929,431
		Great Wolf Trust
	4,500,000	Series 2024-WLF2-A (1 mo. Term SOFR + 1.69%)		6.00	%^(a)		05/15/2041		4,517,746
	13,500,000	Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.85	%^(a)		03/15/2039		13,538,088
		Greystone Commercial Real Estate Notes
	8,424,809	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)		5.45	%^(a)		07/15/2039		8,438,348
		GS Mortgage Securities Corp. II
	1,361,941	Series 2013-GC13-AS		4.01	%^(a)(b)		07/10/2046		1,342,121
	103,134,105	Series 2017-GS6-XA		1.14	%^(b)(e)		05/10/2050		1,631,777
	124,260,379	Series 2017-GS7-XA		1.22	%^(b)(e)		08/10/2050		1,995,361
	132,827,299	Series 2017-GS8-XA		1.07	%^(b)(e)		11/10/2050		2,152,998
	2,615,000	Series 2018-TWR-A (1 mo. Term SOFR + 1.20%, 0.90% Floor)		5.51	%^(a)		07/15/2031		2,040,865
	50,652,800	Series 2019-GC42-XA		0.93	%^(b)(e)		09/10/2052		1,378,070
	9,023,512	Series 2020-GC45-AAB		2.84	%		02/13/2053		8,712,982
	9,296,000	Series 2021-IP-A (1 mo. Term SOFR + 1.06%, 0.95% Floor)		5.38	%^(a)		10/15/2036		9,265,259
	6,015,000	Series 2021-STAR-A (1 mo. Term SOFR + 1.06%, 0.95% Floor)		5.38	%^(a)		12/15/2036		5,987,884
	6,615,000	Series 2023-SHIP-A		4.47	%^(a)(b)		09/10/2038		6,576,231
		HERA Commercial Mortgage
	154,428	Series 2021-FL1-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.48	%^(a)		02/18/2038		153,919
		HGI CRE CLO Ltd.
	949,386	Series 2021-FL1-A (1 mo. Term SOFR + 1.16%, 1.16% Floor)		5.48	%^(a)		06/16/2036		950,804
		HIG RCP LLC
	13,781,110	Series 2023-FL1-AS (1 mo. Term SOFR + 3.11%, 3.11% Floor)		7.42	%^(a)		09/19/2038		13,837,448
		Hilton USA Trust
	2,300,000	Series 2016-HHV-A		3.72	%^(a)		11/05/2038		2,262,235

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		INCREF LLC
	13,858,000	Series 2025-FL1-A (1 mo. Term SOFR + 1.73%, 1.73% Floor)		6.05	%^(a)		10/19/2042		13,938,958
		JP Morgan Chase Commercial Mortgage Securities
	54,281,573	Series 2016-JP4-XA		0.70	%^(b)(e)		12/15/2049		286,666
	1,141,000	Series 2019-COR5-A3		3.12	%		06/13/2052		1,091,718
	23,665,168	Series 2019-COR5-XA		1.61	%^(b)(e)		06/13/2052		1,002,920
	1,318,468	Series 2019-UES-A		3.81	%^(a)		05/05/2032		1,294,512
	2,710,415	Series 2021-MHC-A (1 mo. Term SOFR + 1.16%, 0.80% Floor)		5.48	%^(a)		04/15/2038		2,711,758
		JPMBB Commercial Mortgage Securities Trust
	426,994	Series 2015-C27-A4		3.18	%		02/15/2048		413,616
	45,927,384	Series 2015-C32-XA		1.23	%^(b)(e)		11/15/2048		1,295
	8,970,000	Series 2015-C33-AS		4.02	%		12/15/2048		8,849,484
	425,336	Series 2016-C1-A5		3.58	%		03/17/2049		421,849
		KREF
	10,458,163	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.50	%^(a)		02/15/2039		10,454,618
	5,550,000	Series 2021-FL2-AS (1 mo. Term SOFR + 1.41%, 1.30% Floor)		5.73	%^(a)		02/15/2039		5,530,470
	11,380,000	Series 2021-FL2-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.08	%^(a)		02/15/2039		11,310,480
	12,674,278	Series 2022-FL3-A (1 mo. Term SOFR + 1.45%, 1.45% Floor)		5.77	%^(a)		02/17/2039		12,689,284
		Ladder Capital Commercial Mortgage Securities LLC
	714,153	Series 2017-LC26-A3		3.29	%^(a)		07/12/2050		697,154
		LoanCore
	3,609,070	Series 2021-CRE5-A (1 mo. Term SOFR + 1.41%, 1.41% Floor)		5.73	%^(a)		07/15/2036		3,594,313
	8,435,208	Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor)		5.73	%^(a)		11/15/2038		8,464,428
	8,676,029	Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor)		5.85	%^(a)		01/17/2037		8,701,450
	14,630,000	Series 2025-CRE8-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		08/17/2042		14,520,889
		LSTAR Commercial Mortgage Trust
	46,772,478	Series 2017-5-X		1.00	%^(a)(b)(e)		03/10/2050		449,119
		Lument Finance Trust, Inc.
	5,352,940	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)		5.60	%^(a)		06/15/2039		5,364,946
	7,590,000	Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor)		6.18	%^(a)		06/15/2039		7,585,340
		Merit 2020
	2,951,400	Series 2022-MHIL-A (1 mo. Term SOFR + 0.81%, 0.82% Floor)		5.13	%^(a)		01/15/2039		2,950,523
		MF1 Multifamily Housing Mortgage Loan Trust
	9,828,268	Series 2021-FL5-AS (1 mo. Term SOFR + 1.31%, 1.31% Floor)		5.63	%^(a)		07/15/2036		9,839,119
	3,177,348	Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor)		5.53	%^(a)		07/16/2036		3,179,677
	1,671,509	Series 2021-FL7-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)		5.51	%^(a)		10/16/2036		1,672,390
	9,103,000	Series 2021-FL7-AS (1 mo. Term SOFR + 1.56%, 1.45% Floor)		5.88	%^(a)		10/16/2036		9,080,616
	2,000,000	Series 2022-FL10-AS (1 mo. Term SOFR + 3.19%, 3.19% Floor)		7.50	%^(a)		09/17/2037		2,003,526
	6,910,413	Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor)		5.67	%^(a)		02/19/2037		6,910,433
	11,512,351	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.47	%^(a)		06/19/2037		11,544,816
	8,290,000	Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.00	%^(a)		08/18/2041		8,320,068
	14,630,000	Series 2025-FL17-A (1 mo. Term SOFR + 1.32%, 1.32% Floor)		5.63	%^(a)		02/18/2040		14,635,984
		MHC Commercial Mortgage Trust
	508,873	Series 2021-MHC-A (1 mo. Term SOFR + 0.92%, 0.80% Floor)		5.23	%^(a)		04/15/2038		509,075
	1,800,000	Series 2021-MHC-B (1 mo. Term SOFR + 1.22%, 1.10% Floor)		5.53	%^(a)		04/15/2038		1,800,931
		Morgan Stanley ABS Capital I, Inc.
	13,390,719	Series 2021-ILP-A (1 mo. Term SOFR + 0.89%, 0.78% Floor)		5.20	%^(a)		11/15/2036		13,381,162
	6,799,423	Series 2024-NSTB-A		3.90	%^(a)(b)		09/24/2057		6,589,504
		Morgan Stanley Capital I, Inc.
	36,779	Series 2006-HQ10-X1		0.93	%^(a)(b)(e)		11/12/2041		1
	54,188,293	Series 2017-H1-XA		1.45	%^(b)(e)		06/15/2050		865,777

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	7,895,000	Series 2019-PLND-D (1 mo. Term SOFR + 1.86%, 1.75% Floor)		6.18	%^(a)		05/15/2036		870,424
	141,199	Series 2021-L5-A1		0.79	%		05/15/2054		138,743
	14,016,439	Series 2021-L6-A2		2.13	%^(b)		06/15/2054		13,269,828
		Ready Capital Corp.
	2,160,970	Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		11/25/2036		2,167,360
	4,900,000	Series 2023-FL12-AS (1 mo. Term SOFR + 3.20%, 3.20% Floor)		7.52	%^(a)		05/25/2038		4,938,347
		Rialto Real Estate Fund LP
	7,011,065	Series 2022-FL8-A (1 mo. Term SOFR + 2.25%, 2.25% Floor)		6.56	%^(a)		01/19/2037		7,006,845
		SFO Commercial Mortgage Trust
	8,333,000	Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		05/15/2038		8,300,987
		SREIT Trust
	1,500,000	Series 2021-IND-A (1 mo. Term SOFR + 0.81%, 0.70% Floor)		5.13	%^(a)		10/15/2038		1,495,834
	8,462,233	Series 2021-MFP-A (1 mo. Term SOFR + 0.85%, 0.73% Floor)		5.16	%^(a)		11/15/2038		8,459,504
	7,480,000	Series 2021-MFP2-B (1 mo. Term SOFR + 1.29%, 1.17% Floor)		5.60	%^(a)		11/15/2036		7,478,606
		Starwood Property Trust, Inc.
	6,118,125	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		04/18/2038		6,093,126
	10,966,485	Series 2022-FL3-A (30 day avg SOFR US + 1.35%, 1.35% Floor)		5.65	%^(a)		11/15/2038		10,965,400
		STWD Trust
	7,504,000	Series 2021-FLWR-B (1 mo. Term SOFR + 1.04%, 0.93% Floor)		5.35	%^(a)		07/15/2036		7,496,807
		TPG Real Estate Finance Issuer Ltd.
	9,035,524	Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		03/15/2038		9,035,136
	7,379,192	Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor)		5.96	%^(a)		02/15/2039		7,404,975
	12,289,000	Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.46	%^(a)		02/15/2039		12,274,745
	10,080,000	Series 2025-FL6-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.85	%^(a)		09/18/2042		10,091,663
		TTAN
	4,168,990	Series 2021-MHC-A (1 mo. Term SOFR + 0.96%, 0.85% Floor)		5.28	%^(a)		03/15/2038		4,172,129
		UBS Commercial Mortgage Trust
	45,082,242	Series 2017-C1-XA		1.62	%^(b)(e)		06/15/2050		880,975
	55,782	Series 2017-C2-ASB		3.26	%		08/15/2050		55,183
	81,545,482	Series 2017-C3-XA		1.22	%^(b)(e)		08/15/2050		1,246,618
	126,872	Series 2018-C11-A3		4.31	%		06/15/2051		126,488
	1,239,030	Series 2018-C11-ASB		4.12	%		06/15/2051		1,231,818
	391,905	Series 2018-C13-A3		4.07	%		10/15/2051		387,930
	92,323,458	Series 2018-C8-XA		0.96	%^(b)(e)		02/15/2051		1,668,571
		VEGAS Trust
	7,018,000	Series 2024-TI-A		5.52	%^(a)		11/10/2039		7,116,503
		Wells Fargo Commercial Mortgage Trust
	2,007,851	Series 2024-5C1-A1		5.23	%		07/15/2057		2,031,279
	2,472,015	Series 2024-5C2-A1		5.05	%		11/15/2057		2,493,322
	5,249,783	Series 2025-5C3-A1		5.19	%		01/15/2058		5,323,366
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $1,010,302,594)							887,949,035
NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 14.6%
		Angel Oak Mortgage Trust LLC
	13,073,551	Series 2021-7-A1		1.98	%^(a)(b)		10/25/2066		11,288,751
	4,000,000	Series 2025-7-A1		5.51	%^(a)(b)		06/25/2070		4,065,156
		Arroyo Mortgage Trust
	3,596,037	Series 2019-3-A2		3.21	%^(a)(b)		10/25/2048		3,431,423
	1,943,475	Series 2019-3-A3		3.42	%^(a)(b)		10/25/2048		1,857,439
		Banc of America Mortgage Securities, Inc.
	222,867	Series 2005-E-2A1		5.44	%^(b)		06/25/2035		204,681
		BCAP LLC Trust
	452,171	Series 2011-RR1-8A3		4.57	%^(a)(b)		09/30/2056		333,794
		Bear Stearns Asset Backed Securities Trust
	155,002	Series 2004-AC2-2A		5.00	%		05/25/2034		128,467
		BRAVO Residential Funding Trust
	2,300,457	Series 2020-RPL1-A1		2.50	%^(a)(b)		05/26/2059		2,251,731

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	5,991,181	Series 2022-RPL1-A1		2.75	%^(a)(b)		09/25/2061		5,496,693
		Carrington Mortgage Loan Trust
	1,435,685	Series 2006-NC3-A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 12.50% Cap)		4.73	%		08/25/2036		1,395,582
		Chase Funding Mortgage Loan Asset-Backed Certificates
	1,184,597	Series 2004-2-1A5		6.20	%^(f)		02/26/2035		1,178,920
		Citigroup Mortgage Loan Trust, Inc.
	207,170	Series 2006-AR1-2A1 (1 yr. CMT Rate + 2.40%, 2.40% Floor, 9.87% Cap)		6.30	%		03/25/2036		208,507
	1,309,054	Series 2020-EXP1-A1A		1.80	%^(a)(b)		05/25/2060		1,225,369
		COLT Funding LLC
	4,130,395	Series 2021-1R-A1		0.86	%^(a)(b)		05/25/2065		3,727,654
	3,998,180	Series 2021-5-A1		1.73	%^(a)(b)		11/26/2066		3,611,094
	12,427,703	Series 2021-RPL1-A1		1.67	%^(a)(b)		09/25/2061		11,396,854
	2,399,578	Series 2023-2-A1		6.60	%^(a)(f)		07/25/2068		2,419,148
		Countrywide Home Loan Mortgage Pass Through Trust
	227,237	Series 2004-HYB9-1A1		5.40	%^(b)		02/20/2035		229,747
	3,092,614	Series 2005-3-1A2 (1 mo. Term SOFR + 0.69%, 0.58% Floor)		5.01	%		04/25/2035		2,948,270
		Credit Suisse Management LLC
	26,475	Series 2005-11-5A1		5.25	%		06/25/2026		10,037
		Credit Suisse Mortgage Capital Certificates
	1,343,157	Series 2021-NQM1-A2		0.99	%^(a)(b)		05/25/2065		1,225,493
	2,238,594	Series 2021-NQM1-A3		1.20	%^(a)(b)		05/25/2065		2,051,767
	6,440,260	Series 2021-NQM5-A3		1.35	%^(a)(b)		05/25/2066		5,476,439
	4,230,034	Series 2021-RPL4-A1		4.12	%^(a)(b)		12/27/2060		4,216,157
	15,384,213	Series 2022-NQM1-A1		2.27	%^(a)(b)		11/25/2066		14,019,547
	2,497,798	Series 2022-NQM5-A1		5.17	%^(a)(b)		05/25/2067		2,490,331
	7,547,366	Series 2022-RPL4-A1		3.90	%^(a)(b)		04/25/2062		7,186,647
		Cross Mortgage Trust
	3,077,855	Series 2024-H1-A1		6.09	%^(a)(f)		12/25/2068		3,098,715
	13,000,939	Series 2024-H5-A1		5.85	%^(a)(f)		08/26/2069		13,080,928
	7,118,957	Series 2025-H3-A1		5.88	%^(a)(b)		04/25/2070		7,205,691
		Ellington Financial Mortgage Trust
	213,685	Series 2020-1-A1		2.01	%^(a)(b)		05/25/2065		212,133
		Fannie Mae Connecticut Avenue Securities
	4,391,227	Series 2023-R08-1M1 (30 day avg SOFR US + 1.50%, 0.00% Floor)		5.81	%^(a)		10/25/2043		4,406,384
	8,771,129	Series 2024-R01-1M1 (30 day avg SOFR US + 1.05%, 0.00% Floor)		5.36	%^(a)		01/25/2044		8,769,665
	9,676,812	Series 2024-R02-1M1 (30 day avg SOFR US + 1.10%, 0.00% Floor)		5.41	%^(a)		02/25/2044		9,677,450
	2,400,000	Series 2025-R04-1A1 (30 day avg SOFR US + 1.00%, 0.00% Floor)		5.31	%^(a)		05/25/2045		2,402,146
		First Horizon Asset Securities, Inc.
	1,612,595	Series 2007-AR2-1A1		6.85	%^(b)		08/25/2037		360,402
		FirstKey Homes Trust
	6,661,105	Series 2020-SFR2-A		1.27	%^(a)		10/19/2037		6,577,040
		Freddie Mac Structured Agency Credit Risk Debt Notes
	1,012,760	Series 2022-DNA2-M1A (30 day avg SOFR US + 1.30%, 0.00% Floor)		5.61	%^(a)		02/25/2042		1,013,577
	15,165,082	Series 2024-DNA1-M1 (30 day avg SOFR US + 1.35%, 0.00% Floor)		5.66	%^(a)		02/25/2044		15,201,146
	6,894,848	Series 2024-DNA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)		5.51	%^(a)		05/25/2044		6,909,467
	14,325,282	Series 2024-DNA3-M1 (30 day avg SOFR US + 1.00%, 0.00% Floor)		5.31	%^(a)		10/25/2044		14,325,183
	16,879,848	Series 2024-HQA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)		5.51	%^(a)		08/25/2044		16,891,885
	20,451,358	Series 2025-DNA1-M1 (30 day avg SOFR US + 1.05%, 0.00% Floor)		5.36	%^(a)		01/25/2045		20,473,396
	26,000,000	Series 2025-HQA1-A1 (30 day avg SOFR US + 0.95%, 0.00% Floor)		5.26	%^(a)		02/25/2045		25,973,787
		GCAT
	4,554,096	Series 2022-NQM4-A1		5.27	%^(a)(f)		08/25/2067		4,540,752
	10,990,612	Series 2025-NQM1-A1		5.37	%^(a)(f)		11/25/2069		11,014,686

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		GSR Mortgage Loan Trust
	2,397,069	Series 2005-9F-2A2		6.00	%		01/25/2036		1,084,251
		HOMES Trust
	10,850,701	Series 2023-NQM2-A1		6.46	%^(a)(f)		02/25/2068		10,899,884
	17,164,520	Series 2025-NQM2-A1		5.43	%^(a)(f)		02/25/2070		17,206,791
	10,000,000	Series 2025-NQM3-A1		5.63	%^(a)(f)		02/25/2070		10,079,330
		Homeward Opportunities Fund I Trust
	10,349,602	Series 2022-1-A1		5.08	%^(a)(f)		07/25/2067		10,300,873
		JP Morgan Alternative Loan Trust
	13,040	Series 2006-S4-A6		6.21	%^(f)		12/25/2036		13,467
		JP Morgan Mortgage Trust
	4,729,528	Series 2024-NQM1-A1		5.59	%^(a)(f)		02/25/2064		4,758,486
	7,650,687	Series 2025-NQM1-A1		5.59	%^(a)(f)		06/25/2065		7,684,195
	8,845,099	Series 2025-NQM2-A1		5.57	%^(a)(b)		09/25/2065		8,883,511
	9,239,197	Series 2025-NQM2-A2		5.77	%^(a)		09/25/2065		9,279,080
	12,377,242	Series 2025-NQM2-A3		5.92	%^(a)(f)		09/25/2065		12,441,130
		Legacy Mortgage Asset Trust
	829,392	Series 2021-GS1-A1		5.89	%^(a)(f)		10/25/2066		829,952
	8,493,647	Series 2021-GS2-A1		5.75	%^(a)(f)		04/25/2061		8,498,044
	15,654,370	Series 2021-GS3-A1		5.75	%^(a)(f)		07/25/2061		15,616,296
	19,476,159	Series 2021-GS4-A1		4.65	%^(a)(f)		11/25/2060		19,487,257
		Mastr Adjustable Rate Mortgages Trust
	1,729,688	Series 2006-2-2A1		7.35	%^(b)		04/25/2036		814,856
		MFRA Trust
	7,950,397	Series 2021-NQM2-A1		1.03	%^(a)(b)		11/25/2064		7,015,905
	1,032,019	Series 2021-NQM2-A2		1.32	%^(a)(b)		11/25/2064		913,368
		Mill City Mortgage Trust
	12,955	Series 2017-3-A1		2.75	%^(a)(b)		01/25/2061		12,922
		MLCC Mortgage Investors, Inc.
	154,452	Series 2005-3-2A		5.47	%^(b)		11/25/2035		149,567
		Morgan Stanley Mortgage Loan Trust
	7,105	Series 2004-1-1A1		5.00	%		11/25/2033		5,113
		New Residential Mortgage Loan Trust
	6,339,106	Series 2024-NQM1-A1		6.13	%^(a)(f)		03/25/2064		6,377,960
		OBX Trust
	8,896,955	Series 2024-NQM5-A1		5.99	%^(a)(f)		01/25/2064		8,962,195
		Onslow Bay Mortgage Loan Trust
	879,226	Series 2018-1-A2 (1 mo. Term SOFR + 0.76%, 0.00% Floor)		5.08	%^(a)		06/25/2057		862,904
	8,696,622	Series 2022-NQM1-A1		2.31	%^(a)(b)		11/25/2061		7,796,811
	2,236,077	Series 2022-NQM7-A1		5.11	%^(a)(f)		08/25/2062		2,226,141
	6,461,113	Series 2023-NQM5-A1A		6.57	%^(a)(f)		06/25/2063		6,513,795
	19,310,740	Series 2024-NQM10-A1		6.18	%^(a)(f)		05/25/2064		19,489,824
	15,608,328	Series 2024-NQM11-A1		5.88	%^(a)(f)		06/25/2064		15,703,872
	10,841,916	Series 2024-NQM12-A1		5.48	%^(a)(f)		07/25/2064		10,850,147
	11,923,842	Series 2024-NQM13-A1		5.12	%^(a)		06/25/2064		11,886,246
	13,446,640	Series 2024-NQM16-A1		5.53	%^(a)(f)		10/25/2064		13,473,382
	21,906,995	Series 2024-NQM18-A1		5.41	%^(a)(b)		10/25/2064		21,942,064
	5,170,051	Series 2024-NQM18-A2		5.66	%^(a)(f)		10/25/2064		5,188,659
	8,297,061	Series 2024-NQM4-A1		6.07	%^(a)(f)		01/25/2064		8,360,085
	14,505,310	Series 2025-NQM7-A1		5.56	%^(a)(f)		05/25/2055		14,609,478
	17,693,292	Series 2025-NQM8-A1		5.47	%^(a)(f)		03/25/2065		17,766,784
		Pretium Mortgage Credit Partners LLC
	3,624,471	Series 2021-RN2-A1		4.74	%^(a)(f)		07/25/2051		3,606,770
	13,818,633	Series 2021-RN3-A1		4.84	%^(a)(f)		09/25/2051		13,777,387
	19,371,135	Series 2025-NPL2-A1		5.84	%^(a)(f)		03/25/2055		19,312,714
		PRPM LLC
	5,394,518	Series 2020-4-A1		6.61	%^(a)(f)		10/25/2025		5,395,117
	10,861,467	Series 2021-4-A1		5.87	%^(a)(f)		04/25/2026		10,879,875
	13,636,646	Series 2024-NQM4-A1		5.67	%^(a)(f)		12/26/2069		13,666,444
	42,309,059	Series 2025-NQM2-A1		5.69	%^(a)(f)		04/25/2070		42,574,202
		Securitized Asset Backed Receivables LLC
	3,307,364	Series 2006-NC1-A3 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.97	%		03/25/2036		3,037,460
		Starwood Mortgage Residential Trust
	349,005	Series 2020-3-A1		1.49	%^(a)(b)		04/25/2065		337,006
	21,533,233	Series 2021-5-A1		1.92	%^(a)(b)		09/25/2066		18,254,758

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Structured Asset Securities Corp.
	49,797	Series 2003-24A-1A3		5.63	%^(b)		07/25/2033		48,414
		Terwin Mortgage Trust
	509,104	Series 2003-4HE-M1 (1 mo. Term SOFR + 1.24%, 1.13% Floor)		5.56	%		09/25/2034		551,591
		Velocity Commercial Capital Loan Trust
	1,388,135	Series 2019-2-A		3.13	%^(a)(b)		07/25/2049		1,329,917
	4,559,694	Series 2021-1-M1		1.79	%^(a)(b)		05/25/2051		3,779,138
	15,815,562	Series 2021-2-A		1.52	%^(a)(b)		08/25/2051		13,470,784
	3,843,882	Series 2021-2-M1		1.82	%^(a)(b)		08/25/2051		3,106,352
	13,194,675	Series 2024-5-A		5.49	%^(a)(b)		10/25/2054		13,181,038
		Vericrest Opportunity Loan Transferee
	1,844,848	Series 2021-NP10-A1		5.99	%^(a)(f)		05/25/2051		1,843,174
	7,136,322	Series 2021-NP11-A1		4.87	%^(a)(f)		08/25/2051		7,130,706
	646,976	Series 2021-NPL3-A1		6.24	%^(a)(f)		02/27/2051		647,191
	354,833	Series 2021-NPL5-A1		6.12	%^(a)(f)		03/27/2051		354,991
	835,659	Series 2021-NPL6-A1		6.24	%^(a)(f)		04/25/2051		835,460
	2,242,290	Series 2021-NPL8-A1		6.12	%^(a)(f)		04/25/2051		2,242,736
	1,610,099	Series 2021-NPL9-A1		5.99	%^(a)(f)		05/25/2051		1,609,010
		Verus Securitization Trust
	6,870,331	Series 2021-4-A3		1.35	%^(a)(b)		07/25/2066		5,743,772
	6,375,239	Series 2021-7-A1		1.83	%^(a)(f)		10/25/2066		5,739,417
	10,718,769	Series 2022-INV1-A1		5.04	%^(a)(f)		08/25/2067		10,673,806
	357,440	Series 2022-INV1-A2		5.80	%^(a)(f)		08/25/2067		357,130
	12,637,332	Series 2023-4-A1		5.81	%^(a)(f)		05/25/2068		12,656,999
	14,253,970	Series 2024-3-A1		6.34	%^(a)(f)		04/25/2069		14,420,560
	3,854,887	Series 2024-6-A1		5.80	%^(a)(f)		07/25/2069		3,880,460
	23,336,794	Series 2024-9-A1		5.44	%^(a)(b)		11/25/2069		23,389,636
	6,067,576	Series 2024-9-A2		5.69	%^(a)(f)		11/25/2069		6,081,961
	4,751,990	Series 2025-1-A1		5.62	%^(a)(b)		01/25/2070		4,772,948
	39,589,420	Series 2025-4-A1		5.45	%^(a)(f)		05/25/2070		39,779,933
	19,000,000	Series 2025-5-A1		5.43	%^(a)(f)		06/25/2070		19,206,283
		WaMu Mortgage Pass Through Certificates
	123,604	Series 2002-AR16-A		6.70	%^(b)		12/25/2032		119,386
		Wells Fargo Mortgage Backed Securities Trust
	172,663	Series 2007-7-A36		6.00	%		06/25/2037		162,615
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $931,415,268)							912,151,897
US CORPORATE BONDS - 11.0%
	3,442,000	AbbVie, Inc.		4.88	%		03/15/2030		3,525,630
	553,000	Agilent Technologies, Inc.		4.20	%		09/09/2027		552,908
	4,055,000	Aircastle Ltd. / Aircastle Ireland DAC		5.25	%^(a)		03/15/2030		4,090,898
	1,545,000	Altria Group, Inc.		6.20	%		11/01/2028		1,631,476
	9,254,000	American Electric Power Co., Inc.		5.20	%		01/15/2029		9,493,749
	6,933,000	American Express Co. (SOFR + 1.26%)		4.73	%		04/25/2029		7,013,198
	3,003,000	American Homes 4 Rent LP		4.25	%		02/15/2028		2,985,965
	2,301,000	American International Group, Inc.		4.85	%		05/07/2030		2,338,763
	2,480,000	American National Group, Inc.		5.75	%		10/01/2029		2,540,831
	15,054,000	American Tower Corp.		4.90	%		03/15/2030		15,273,518
	4,873,000	Amrize Finance US LLC		4.70	%^(a)		04/07/2028		4,918,582
	5,360,000	APA Corp.		4.25	%^(a)		01/15/2030		5,133,584
	5,425,000	AppLovin Corp.		5.13	%		12/01/2029		5,497,189
	6,164,000	Arrow Electronics, Inc.		5.15	%		08/21/2029		6,261,317
	7,528,000	Athene Global Funding (SOFR + 0.85%)		5.24	%^(a)		05/08/2026		7,551,840
	7,089,000	Athene Global Funding		4.72	%^(a)		10/08/2029		7,076,802
	4,568,000	Atlassian Corp.		5.25	%		05/15/2029		4,691,836
	1,022,000	Avery Dennison Corp.		4.88	%		12/06/2028		1,038,136
	1,204,000	Aviation Capital Group LLC		6.25	%^(a)		04/15/2028		1,254,921
	872,000	Bank of America Corp. (SOFR + 1.75%)		4.83	%		07/22/2026		872,009

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	3,326,000	Bank of America Corp. (3 mo. Term SOFR + 1.32%)		3.56	%		04/23/2027		3,302,569
	9,310,000	Bank of America Corp. (SOFR + 0.83%)		4.98	%		01/24/2029		9,445,131
	4,242,000	Biogen, Inc.		5.05	%		01/15/2031		4,320,260
	2,813,000	Boardwalk Pipelines LP		4.45	%		07/15/2027		2,813,002
	2,615,000	Broadcom, Inc.		3.15	%		11/15/2025		2,601,486
	2,538,000	Broadcom, Inc.		5.05	%		07/12/2029		2,599,929
	2,659,000	Broadcom, Inc.		4.35	%		02/15/2030		2,649,862
	1,346,000	Brown & Brown, Inc.		4.70	%		06/23/2028		1,357,761
	1,569,000	Brown & Brown, Inc.		4.50	%		03/15/2029		1,569,227
	4,769,000	Bunge Ltd. Finance Corp.		4.20	%		09/17/2029		4,717,219
	14,629,000	Capital One Financial Corp. (SOFR + 2.16%)		4.99	%		07/24/2026		14,628,559
	4,532,000	Cardinal Health, Inc.		5.13	%		02/15/2029		4,648,992
	2,866,000	CenterPoint Energy, Inc.		5.40	%		06/01/2029		2,963,807
	2,572,000	Charles Schwab Corp. (SOFR + 1.05%)		5.48	%		03/03/2027		2,592,776
	4,323,000	Cheniere Energy Partners LP		4.50	%		10/01/2029		4,278,223
	5,933,000	Cheniere Energy, Inc.		4.63	%		10/15/2028		5,926,509
	8,670,000	Citibank NA		4.58	%		05/29/2027		8,720,799
	4,978,000	Citigroup, Inc. (SOFR + 0.87%)		4.79	%		03/04/2029		5,014,394
	10,638,000	Citigroup, Inc. (SOFR + 1.34%)		4.54	%		09/19/2030		10,591,992
	1,539,000	CNA Financial Corp.		3.90	%		05/01/2029		1,510,634
	6,500,000	Corebridge Global Funding		5.75	%^(a)		07/02/2026		6,584,029
	623,000	Coterra Energy, Inc.		3.90	%		05/15/2027		615,433
	401,000	Coterra Energy, Inc.		4.38	%		03/15/2029		397,273
	5,512,000	CRH SMW Finance DAC		5.13	%		01/09/2030		5,653,989
	3,060,000	CubeSmart LP		4.38	%		02/15/2029		3,043,390
	2,770,000	Darden Restaurants, Inc.		4.35	%		10/15/2027		2,776,246
	1,665,000	DCP Midstream Operating LP		5.13	%		05/15/2029		1,692,076
	9,638,000	Dell International LLC / EMC Corp.		4.35	%		02/01/2030		9,555,706
	8,700,000	Delta Air Lines, Inc.		4.95	%		07/10/2028		8,755,350
	1,474,000	Devon Energy Corp.		5.25	%		10/15/2027		1,477,348
	5,017,000	Dominion Energy, Inc.		5.00	%		06/15/2030		5,122,139
	5,374,000	DTE Energy Co.		5.20	%		04/01/2030		5,501,865
	5,698,000	Edwards Lifesciences Corp.		4.30	%		06/15/2028		5,690,874
	5,895,000	Energy Transfer LP		6.05	%		12/01/2026		6,020,990
	4,461,000	Energy Transfer LP		6.10	%		12/01/2028		4,687,887
	629,000	EQT Corp.		3.90	%		10/01/2027		620,850
	1,146,000	EQT Corp.		7.00	%		02/01/2030		1,242,893
	5,658,000	Equifax, Inc.		4.80	%		09/15/2029		5,707,717
	6,255,000	Equinix, Inc.		1.25	%		07/15/2025		6,246,979
	2,189,000	Essential Utilities, Inc.		4.80	%		08/15/2027		2,212,829
	251,000	Essential Utilities, Inc.		3.57	%		05/01/2029		243,816
	8,538,000	Evergy Kansas Central, Inc.		4.70	%		03/13/2028		8,639,317
	3,003,000	Exelon Corp.		5.15	%		03/15/2029		3,082,231
	8,919,000	Extra Space Storage LP		5.50	%		07/01/2030		9,255,149
	1,802,000	FirstEnergy Transmission LLC		4.55	%		01/15/2030		1,803,767
	7,231,000	Fiserv, Inc.		4.75	%		03/15/2030		7,282,742
	3,305,000	Foundry JV Holdco LLC		5.90	%^(a)		01/25/2030		3,455,694
	4,670,000	GATX Corp.		4.70	%		04/01/2029		4,711,743
	296,000	GATX Corp.		4.00	%		06/30/2030		288,141
	5,757,000	GE HealthCare Technologies, Inc.		4.80	%		08/14/2029		5,843,050
	5,216,000	Genuine Parts Co.		4.95	%		08/15/2029		5,298,226
	2,463,000	Global Payments, Inc.		5.30	%		08/15/2029		2,508,465
	4,192,000	Goldman Sachs Bank USA/New York NY (SOFR + 0.77%)		5.23	%		03/18/2027		4,203,191
	6,148,000	Hewlett Packard Enterprise Co.		4.55	%		10/15/2029		6,118,674
	300,000	HSBC USA, Inc. (SOFR + 0.96%)		5.39	%		03/04/2027		301,712
	1,680,000	Huntington Bancshares, Inc./OH (SOFR + 1.28%)		5.27	%		01/15/2031		1,721,837

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	5,540,000	Hyundai Capital America		4.55	%^(a)		09/26/2029		5,491,979
	3,220,000	Icon Investments Six DAC		5.81	%		05/08/2027		3,288,537
	3,809,000	Illumina, Inc.		4.65	%		09/09/2026		3,814,528
	11,900,000	Jackson National Life Global Funding		4.60	%^(a)		10/01/2029		11,886,456
	5,034,000	JPMorgan Chase & Co. (SOFR + 0.92%)		5.28	%		04/22/2028		5,049,453
	9,337,000	JPMorgan Chase & Co. (SOFR + 0.80%)		4.92	%		01/24/2029		9,464,667
	4,572,000	Kinder Morgan, Inc.		5.00	%		02/01/2029		4,644,743
	3,811,000	Kyndryl Holdings, Inc.		2.05	%		10/15/2026		3,694,330
	6,117,000	Laboratory Corp. of America Holdings		4.35	%		04/01/2030		6,077,716
	2,979,000	LPL Holdings, Inc.		4.63	%^(a)		11/15/2027		2,974,141
	2,437,000	M&T Bank Corp. (SOFR + 0.93%)		4.83	%		01/16/2029		2,457,574
	250,000	Manufacturers & Traders Trust Co.		4.65	%		01/27/2026		250,024
	5,666,000	Marriott International, Inc./MD		4.80	%		03/15/2030		5,722,188
	10,025,000	Mars, Inc.		4.80	%^(a)		03/01/2030		10,160,978
	4,429,000	Marvell Technology, Inc.		5.75	%		02/15/2029		4,612,667
	3,460,000	Marvell Technology, Inc.		4.75	%		07/15/2030		3,476,353
	8,817,000	MasTec, Inc.		4.50	%^(a)		08/15/2028		8,702,058
	6,397,000	Merck Sharp & Dohme Corp.		5.95	%		12/01/2028		6,786,557
	4,631,000	Meritage Homes Corp.		5.13	%		06/06/2027		4,687,193
	885,000	Meritage Homes Corp.		3.88	%^(a)		04/15/2029		853,394
	675,000	Microchip Technology, Inc.		4.25	%		09/01/2025		674,246
	1,005,000	Microchip Technology, Inc.		5.05	%		03/15/2029		1,021,299
	10,625,200	Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.		6.50	%^(a)		06/20/2027		10,645,781
	6,430,000	Molex Electronic Technologies LLC		4.75	%^(a)		04/30/2028		6,471,541
	4,587,000	MPLX LP		4.80	%		02/15/2029		4,632,754
	4,228,000	National Fuel Gas Co.		5.50	%		03/15/2030		4,347,686
	3,250,000	National Rural Utilities Cooperative Finance Corp.		4.75	%		02/07/2028		3,293,188
	5,493,000	National Securities Clearing Corp.		4.70	%^(a)		05/20/2030		5,586,996
	597,000	New York Life Global Funding (SOFR + 0.48%)		4.92	%^(a)		06/09/2026		598,023
	757,000	New York Life Global Funding		4.70	%^(a)		01/29/2029		767,273
	8,482,000	NextEra Energy Capital Holdings, Inc.		5.05	%		03/15/2030		8,683,114
	5,815,000	NGPL PipeCo LLC		4.88	%^(a)		08/15/2027		5,787,175
	5,760,000	Niagara Mohawk Power Corp.		4.65	%^(a)		10/03/2030		5,760,000
	2,480,000	NiSource, Inc.		5.25	%		03/30/2028		2,539,567
	1,979,000	NiSource, Inc.		5.20	%		07/01/2029		2,032,509
	4,704,000	Northrop Grumman Corp.		4.65	%		07/15/2030		4,746,701
	2,566,000	Omega Healthcare Investors, Inc.		4.75	%		01/15/2028		2,578,663
	4,159,000	ONEOK, Inc.		5.38	%		06/01/2029		4,249,411
	4,734,000	ONEOK, Inc.		4.40	%		10/15/2029		4,699,679
	5,647,000	Oracle Corp.		5.80	%		11/10/2025		5,670,184
	2,797,000	O’Reilly Automotive, Inc.		5.75	%		11/20/2026		2,847,475
	553,000	Pacific Life Global Funding II (SOFR + 0.62%)		5.05	%^(a)		06/04/2026		554,945
	2,501,000	Paychex, Inc.		5.10	%		04/15/2030		2,562,630
	3,001,000	PayPal Holdings, Inc.		4.45	%		03/06/2028		3,025,984
	9,017,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.		5.25	%^(a)		02/01/2030		9,232,254
	1,175,000	Pinnacle West Capital Corp.		4.90	%		05/15/2028		1,191,800
	4,315,000	Public Service Enterprise Group, Inc.		5.85	%		11/15/2027		4,467,549
	4,888,000	Public Service Enterprise Group, Inc.		5.88	%		10/15/2028		5,117,929
	5,745,000	Quanta Services, Inc.		4.75	%		08/09/2027		5,795,450
	6,026,000	Quest Diagnostics, Inc.		4.20	%		06/30/2029		6,002,179
	4,317,000	Rentokil Terminix Funding LLC		5.00	%^(a)		04/28/2030		4,349,025
	8,536,000	Republic Services, Inc.		4.75	%		07/15/2030		8,699,975
	332,000	Ryder System, Inc.		5.25	%		06/01/2028		340,780
	1,323,000	Ryder System, Inc.		4.95	%		09/01/2029		1,346,911
	5,490,000	Santander Holdings USA, Inc. (SOFR + 1.61%)		5.47	%		03/20/2029		5,583,236
	2,454,000	Sherwin-Williams Co.		4.55	%		03/01/2028		2,476,041
	5,678,000	Solventum Corp.		5.45	%		02/25/2027		5,772,989

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	3,027,000	Sonoco Products Co.		4.45	%		09/01/2026		3,024,730
	2,772,000	Southern Co.		5.15	%		10/06/2025		2,775,182
	2,326,000	Sun Communities Operating LP		2.30	%		11/01/2028		2,177,636
	4,651,000	Sysco Corp.		5.10	%		09/23/2030		4,767,385
	2,753,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.		6.50	%		07/15/2027		2,754,851
	7,362,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.		6.88	%		01/15/2029		7,509,899
	7,488,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.		5.50	%		03/01/2030		7,601,118
	2,398,000	The Campbell’s Co.		5.20	%		03/19/2027		2,432,753
	7,713,000	Truist Financial Corp. (SOFR + 2.45%)		7.16	%		10/30/2029		8,344,540
	2,238,000	Uber Technologies, Inc.		6.25	%^(a)		01/15/2028		2,250,083
	2,969,000	Veralto Corp.		5.50	%		09/18/2026		3,005,169
	2,560,000	Veralto Corp.		5.35	%		09/18/2028		2,639,851
	5,953,000	VICI Properties LP / VICI Note Co., Inc.		4.25	%^(a)		12/01/2026		5,918,781
	9,009,000	Wells Fargo & Co. (SOFR + 1.07%)		5.43	%		04/22/2028		9,072,742
	4,386,000	Wells Fargo & Co. (SOFR + 1.79%)		6.30	%		10/23/2029		4,636,271
	813,000	Western Midstream Operating LP		6.35	%		01/15/2029		851,444
	5,412,000	Western Midstream Operating LP		4.05	%		02/01/2030		5,206,923
	5,666,000	Williams Cos., Inc.		4.80	%		11/15/2029		5,733,199
	3,679,000	Zimmer Biomet Holdings, Inc.		4.70	%		02/19/2027		3,700,421
	5,398,000	Zimmer Biomet Holdings, Inc.		5.05	%		02/19/2030		5,534,113
		Total US Corporate Bonds (Cost $678,468,641)							686,545,470
US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 5.0%
		Federal Home Loan Mortgage Corp.
	351,122	Pool 840632 (1 yr. RFUCCT + 1.62%, 1.62% Floor, 7.62% Cap)		6.77	%		05/01/2045		363,147
	88,330	Pool N70081		5.50	%		07/01/2038		89,934
	7,367,035	Pool RA8419		6.00	%		01/01/2053		7,538,788
	7,651,015	Pool SD5219		6.00	%		04/01/2054		7,845,074
	3,806,978	Pool SD6509		6.00	%		08/01/2054		3,873,990
	3,466,295	Pool SD6815		6.00	%		04/01/2054		3,532,804
	9,905,883	Pool SL0223		5.50	%		02/01/2055		9,979,406
	5,970,005	Pool SL0536		5.50	%		02/01/2055		6,002,308
	3,247,614	Series 276-F5 (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		09/15/2042		3,212,189
	2,162,546	Series 339-F5 (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)		4.87	%		11/15/2044		2,130,286
	9,153	Series 3872-BA		4.00	%		06/15/2041		8,990
	3,922,817	Series 4068-UF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		06/15/2042		3,886,090
	115,515	Series 4203-NB		2.00	%		10/15/2040		114,578
	6,312,642	Series 4631-FA (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		11/15/2046		6,188,236
	2,330,708	Series 4878-FA (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)		4.82	%		05/15/2049		2,297,636
	1,776,490	Series 4939-CF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		12/25/2049		1,741,226
	3,374,339	Series 4987-BF (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)		4.82	%		06/25/2050		3,316,498
	8,986,367	Series 4990-FN (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)		4.77	%		05/25/2050		8,629,654
	8,188,244	Series 5475-FG (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap)		5.46	%		11/25/2054		8,161,331
	4,475,632	Series 5478-FB (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)		5.66	%		02/25/2054		4,487,635
	7,784,992	Series 5480-FD (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)		5.66	%		03/25/2054		7,805,873

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	8,879,235	Series 5524-AF (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		04/25/2055		8,820,867
	10,610,901	Series 5536-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		05/25/2054		10,595,027
		Federal National Mortgage Association
	16,683	Pool AB3850		4.00	%		11/01/2041		15,708
	719,345	Pool AL2987 (1 yr. RFUCCT + 1.62%, 1.62% Floor, 7.31% Cap)		7.01	%		11/01/2042		744,406
	61,119	Pool AL4292		4.50	%		04/01/2026		60,914
	548,680	Pool BM3520 (1 yr. RFUCCT + 1.56%, 1.56% Floor, 6.96% Cap)		6.61	%		05/01/2045		569,594
	9,868,994	Pool CB9973		5.50	%		02/01/2055		9,952,907
	9,710,197	Pool CB9999		6.00	%		02/01/2055		10,023,225
	11,997,507	Pool FA1444		5.50	%		04/01/2055		12,025,315
	7,617,603	Pool FS6084		6.00	%		10/01/2053		7,805,889
	9,715,844	Pool FS7622		5.50	%		04/01/2054		9,797,580
	4,484,630	Pool MA4901		5.00	%		01/01/2043		4,509,791
	2,855,196	Pool MA4988		5.00	%		04/01/2043		2,871,218
	3,511,811	Pool MA5112		5.00	%		08/01/2043		3,521,798
	4,656,378	Pool MA5540		5.50	%		11/01/2044		4,738,873
	1,898,127	Series 2010-68-FJ (30 day avg SOFR US + 0.56%, 0.45% Floor, 7.00% Cap)		4.87	%		07/25/2040		1,887,020
	831,436	Series 2011-134-FT (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		12/25/2041		823,190
	32,478	Series 2011-64-DB		4.00	%		07/25/2041		31,863
	1,456,527	Series 2016-62-FB (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)		4.82	%		09/25/2046		1,443,791
	3,496,731	Series 2016-84-FT (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		11/25/2046		3,424,353
	1,446,318	Series 2017-112-FC (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)		4.77	%		01/25/2048		1,399,434
	6,823,324	Series 2018-72-FB (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)		4.77	%		10/25/2058		6,609,143
	2,438,687	Series 2018-85-FE (30 day avg SOFR US + 0.41%, 0.30% Floor, 6.50% Cap)		4.72	%		12/25/2048		2,403,431
	4,240,372	Series 2019-49-FB (30 day avg SOFR US + 0.59%, 0.48% Floor, 6.50% Cap)		4.90	%		09/25/2049		4,109,895
	5,852,457	Series 2019-57-LF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		10/25/2049		5,666,553
	788,759	Series 2019-M21-3A1		2.10	%		06/25/2034		775,545
	4,077,493	Series 2020-34-F (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)		4.87	%		06/25/2050		3,938,647
	10,292,321	Series 2020-M49-1A1		1.30	%^(b)		11/25/2030		9,571,476
	15,008,004	Series 2021-M7-A1		1.78	%^(b)		03/25/2031		14,260,529
	7,065,319	Series 2024-82-FH (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap)		5.46	%		11/25/2054		7,032,910
	6,070,944	Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		5.76	%		12/25/2054		6,110,077
	8,518,002	Series 2024-95-FC (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.71	%		12/25/2054		8,554,011
	15,628,894	Series 2025-15-FQ (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		04/25/2055		15,594,731
	8,896,083	Series 2025-26-FK (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		06/25/2054		8,881,874
	9,641,111	Series 2025-28-FM (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.56	%		04/25/2055		9,642,341
	6,461,250	Series 2025-33-FE (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		5.76	%		08/25/2054		6,495,126
		Government National Mortgage Association
	3,286,398	Series 2012-68-FA (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)		4.93	%		05/20/2042		3,239,097
	2,697,028	Series 2013-116-WU		3.00	%		12/20/2042		2,653,102
	3,153,886	Series 2016-16-DF (1 mo. Term SOFR + 0.41%, 0.30% Floor, 6.50% Cap)		4.73	%		02/16/2046		3,111,531
	4,092,314	Series 2022-183-B		5.00	%		04/20/2047		4,197,485
	3,573,836	Series 2024-25-AF (30 day avg SOFR US + 0.51%, 0.51% Floor, 6.50% Cap)		4.83	%		02/20/2049		3,374,094
		Total US Government and Agency Mortgage Backed Obligations (Cost $313,361,527)							312,490,034

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
US GOVERNMENT AND AGENCY OBLIGATIONS - 23.0%
	16,702,770	United States Treasury Inflation Indexed Bonds		2.38	%		01/15/2027		16,984,425
	24,427,870	United States Treasury Inflation Indexed Bonds		0.13	%		04/15/2027		23,919,543
	12,345,402	United States Treasury Inflation Indexed Bonds		1.63	%		10/15/2027		12,501,171
	40,000,000	United States Treasury Note/Bond		0.38	%		01/31/2026		39,121,374
	111,200,000	United States Treasury Note/Bond		0.75	%		03/31/2026		108,464,873
	68,700,000	United States Treasury Note/Bond		0.75	%		05/31/2026		66,682,543
	106,500,000	United States Treasury Note/Bond		0.63	%		07/31/2026		102,760,019
	123,500,000	United States Treasury Note/Bond		0.88	%		09/30/2026		118,984,531
	306,250,000	United States Treasury Note/Bond		0.63	%		03/31/2027		290,147,951
	273,600,000	United States Treasury Note/Bond		0.50	%		06/30/2027		256,783,220
	200,000,000	United States Treasury Note/Bond		0.75	%		01/31/2028		185,585,938
	245,000,000	United States Treasury Note/Bond		0.88	%		11/15/2030		210,211,913
		Total US Government and Agency Obligations (Cost $1,428,878,784)							1,432,147,501
SHORT TERM INVESTMENTS - 4.2%
	52,702,636	First American Government Obligations Fund - U		4.28	%^(g)				52,702,636
	52,702,636	JPMorgan US Government Money Market Fund - IM		4.28	%^(g)				52,702,636
	52,702,636	MSILF Government Portfolio - Institutional		4.24	%^(g)				52,702,636
	100,000,000	United States Treasury Bill		0.00	%		07/31/2025		99,654,417
		Total Short Term Investments (Cost $257,760,741)							257,762,325
		Total Investments - 100.3% (Cost $6,374,392,642)							6,251,989,067
		Other Liabilities in Excess of Assets - (0.3)%							(15,881,676	)
		NET ASSETS - 100.0%						$	6,236,107,391

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	23.0	%
Non-Agency Residential Collateralized Mortgage Obligations	14.6	%
Non-Agency Commercial Mortgage Backed Obligations	14.2	%
Collateralized Loan Obligations	12.0	%
US Corporate Bonds	11.0	%
Asset Backed Obligations	7.8	%
Foreign Corporate Bonds	6.8	%
US Government and Agency Mortgage Backed Obligations	5.0	%
Short Term Investments	4.2	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	1.7	%
Other Assets and Liabilities	(0.3	)%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	23.0	%
Non-Agency Residential Collateralized Mortgage Obligations	14.6	%
Non-Agency Commercial Mortgage Backed Obligations	14.2	%
Collateralized Loan Obligations	12.0	%
Asset Backed Obligations	7.8	%
US Government and Agency Mortgage Backed Obligations	5.0	%
Short Term Investments	4.2	%
Banking	4.1	%
Energy	2.1	%
Utilities	2.1	%
Technology	1.5	%
Transportation	1.2	%

Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	1.0	%
Healthcare	0.8	%
Insurance	0.7	%
Finance	0.7	%
Mining	0.6	%
Aerospace & Defense	0.5	%
Food Products	0.4	%
Telecommunications	0.4	%
Retailers (other than Food/Drug)	0.4	%
Real Estate	0.3	%
Construction	0.3	%
Beverage and Tobacco	0.2	%
Pharmaceuticals	0.2	%
Industrial Equipment	0.2	%
Consumer Products	0.2	%
Hotels/Motels/Inns and Casinos	0.2	%
Media	0.2	%
Diversified Manufacturing	0.2	%
Building and Development (including Steel/Metals)	0.2	%
Environmental Control	0.2	%
Chemicals/Plastics	0.1	%
Commercial Services	0.1	%
Conglomerates	0.1	%
Automotive	0.1	%
Containers and Glass Products	0.1	%
Pulp & Paper	0.1	%
Food Service	0.0	%(h)
Other Assets and Liabilities	(0.3	)%
Net Assets	100.0	%

(a)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $3,065,893,372 or 49.2% of the Fund’s net assets.
(b)		Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(c)		Value determined using significant unobservable inputs.
(d)		Perpetual maturity. The date disclosed is the next call date of the security.
(e)		Interest only security
(f)		Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(g)		Seven-day yield as of period end.
(h)		Represents less than 0.05% of net assets.

CMT	Constant Maturity Treasury Rate
RFUCCT	Refinitiv USD IBOR Consumer Cash Fallbacks
SOFR	Secured Overnight Financing Rate

DoubleLine Floating Rate Fund		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
BANK LOANS - 87.8%
AEROSPACE & DEFENSE - 1.8%
		AAdvantage Loyalty IP Ltd.
	520,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		05/28/2032		524,030
		Kaman Corp.
	97,147	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		97,155
	117,437	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		117,447
	97,382	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		97,390
	133,508	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		133,518
	97,382	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		97,390
	133,508	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		133,518
	117,437	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		117,447
	97,147	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		97,155
		Signia Aerospace LLC
	430,460	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		12/11/2031		433,150
	352,194	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		12/11/2031		354,395
									2,202,595
AUTOMOTIVE - 1.5%
		Clarios Global LP
	1,002,438	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		05/06/2030		1,000,874
	335,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/28/2032		335,733
		Dexko Global, Inc.
	450,928	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor)		8.19	%		10/04/2028		432,616
									1,769,223
BUILDING AND DEVELOPMENT (INCLUDING STEEL/METALS) - 1.5%
		Cornerstone Building Brands, Inc.
	383,521	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor)		7.66	%		04/12/2028		343,572
	64,675	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.50% Floor)		8.81	%		05/15/2031		55,297
		LBM Acquisition LLC
	974,769	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.75% Floor)		8.16	%		06/06/2031		913,846
		MITER Brands Acquisition Holdco, Inc.
	497,544	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		03/28/2031		499,240
									1,811,955
BUSINESS EQUIPMENT AND SERVICES - 5.7%
		Camelot US Acquisition LLC
	13,957	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/31/2031		13,831
	152,651	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/31/2031		151,268
	658,223	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/31/2031		652,260
	475,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%)		7.58	%		01/31/2031		475,891

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		CoreLogic, Inc.
	204,900	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor)		7.94	%		06/02/2028		203,076
		Dun & Bradstreet Corp.
	244,054	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		01/18/2029		244,146
		EAB Global, Inc.
	811,525	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		08/16/2030		798,338
		Eisner Advisory Group LLC
	640,790	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor)		8.33	%		02/28/2031		644,394
		Element Materials Technology Group US Holdings, Inc.
	639,590	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		06/25/2029		642,388
		First Advantage Holdings LLC
	963,501	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		10/31/2031		965,158
		Grant Thornton Advisors LLC
	645,618	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		05/30/2031		645,860
	260,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		05/30/2031		260,747
		Ovg Business Services LLC
	485,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%)		7.33	%		06/25/2031		483,181
		Trans Union LLC
	316,800	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		06/24/2031		317,557
		VT Topco, Inc.
	345,457	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		08/09/2030		346,602
									6,844,697
CHEMICALS/PLASTICS - 3.4%
		Hexion Holdings Corp.
	714,542	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor)		8.31	%		03/15/2029		713,871
		INEOS US Finance LLC
	1,245,635	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		8.68	%		02/19/2030		1,197,036
		INEOS US Petrochem LLC
	466,040	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor)		8.78	%		03/29/2029		435,165
	399,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor)		8.58	%		10/07/2031		365,584
		Nouryon Finance BV
	263,177	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.51	%		04/03/2028		264,740
	70,976	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.51	%		04/03/2028		71,397
		Vantage Specialty Chemicals, Inc.
	723,713	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.50% Floor)		9.03	%		10/26/2026		702,515
		WR Grace Holdings LLC
	408,941	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.50% Floor)		7.55	%		09/22/2028		410,049
									4,160,357
COMMERCIAL SERVICES - 4.2%
		Allied Universal Holdco LLC
	831,473	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.50% Floor)		8.18	%		05/15/2028		836,375
		Ascend Learning LLC
	134,007	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.85%, 0.50% Floor)		10.18	%		12/10/2029		134,509
		Cengage Learning, Inc.
	144,073	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor)		7.82	%		03/22/2031		144,586

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	246,987	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor)		7.83	%		03/24/2031		247,866
		Enviri Corp.
	408,935	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.36%, 0.50% Floor)		6.69	%		03/10/2028		405,817
		Garda World Security Corp.
	676,581	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.31	%		02/01/2029		678,645
		GFL ES US LLC
	875,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.82	%		03/03/2032		876,641
		Mister Car Wash Holdings, Inc.
	142,948	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		03/27/2031		143,394
		MX Holdings US, Inc.
	175,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		03/17/2032		175,984
		Prime Security Services Borrower LLC
	580,000	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)		6.07	%		03/08/2032		576,073
		Vestis Corp.
	539,438	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		02/24/2031		519,209
		Wand NewCo 3, Inc.
	312,805	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		01/30/2031		311,770
									5,050,869
CONSTRUCTION - 3.1%
		Amentum Holdings, Inc.
	722,288	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		09/29/2031		722,287
		APi Group DE, Inc.
	200,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		01/03/2029		200,271
		Brand Industrial Services, Inc.
	584,583	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.50% Floor)		8.78	%		08/01/2030		491,673
		Construction Partners, Inc.
	597,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		11/03/2031		599,612
		Quikrete Holdings, Inc.
	391,010	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		03/19/2029		391,368
	123,442	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		04/14/2031		123,365
	578,550	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		02/10/2032		578,478
		Tecta America Corp.
	570,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		02/18/2032		571,961
									3,679,015
CONSUMER PRODUCTS - 0.9%
		Hunter Douglas, Inc.
	500,249	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		01/20/2032		499,103
		Kronos Acquisition Holdings, Inc.
	114,888	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor)		8.30	%		07/08/2031		103,284
		Madison Safety & Flow LLC
	337,525	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		09/26/2031		338,580
		SWF Holdings I Corp.
	248,756	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 1.00% Floor)		8.44	%		10/06/2028		191,853
									1,132,820

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
CONTAINERS AND GLASS PRODUCTS - 2.3%
		Clydesdale Acquisition Holdings, Inc.
	556,032	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.18%, 0.50% Floor)		7.50	%		04/13/2029		555,560
		Klockner Pentaplast of America, Inc.
	328,804	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.98%, 0.50% Floor)		9.23	%		02/09/2026		305,082
		Pregis TopCo LLC
	607,670	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor)		8.33	%		02/01/2029		610,177
		Pretium PKG Holdings, Inc.
	5,790	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor)		9.29	%		10/02/2028		5,793
	173,478	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor)		9.29	%		10/02/2028		173,571
	155,000	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.01%, 0.50% Floor)		11.31	%		10/01/2029		26,893
		TricorBraun Holdings, Inc.
	364,658	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.36%, 0.50% Floor)		7.69	%		03/03/2028		364,691
		Trident TPI Holdings, Inc.
	729,064	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		09/18/2028		717,311
									2,759,078
ELECTRONICS/ELECTRIC - 12.3%
		Access CIG LLC
	266,986	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.38	%		08/18/2028		268,551
		Applied Systems, Inc.
	235,000	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.00% Floor)		8.80	%		02/23/2032		241,551
		Astra Acquisition Corp.
	404,876	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 8.99%, 0.75% Floor)		13.16	%^(a)		10/25/2029		2,701
		Asurion LLC
	135,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor)		9.69	%		02/03/2028		129,474
	397,867	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor)		8.68	%		08/21/2028		394,207
	500,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor)		9.69	%		01/22/2029		465,195
	185,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.56	%		09/19/2030		179,959
	416,748	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor)		8.58	%		09/19/2030		406,948
		Boxer Parent Co., Inc.
	952,613	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		07/30/2031		947,788
	352,032	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.00% Floor)		10.08	%		07/30/2032		343,453
		Castle US Holding Corp.
	217,240	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.36%, 0.00% Floor)		8.84	%		05/31/2030		119,618
		Central Parent LLC
	288,546	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		07/06/2029		241,672
		Chariot Buyer LLC
	804,192	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor)		7.68	%		11/03/2028		806,476
		Clearwater Analytics LLC
	390,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.52	%		04/21/2032		390,487
		Cloud Software Group, Inc.
	670,652	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		03/24/2031		672,536
	1,689	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		03/24/2031		1,694
		Cornerstone OnDemand, Inc.

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	237,066	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor)		8.19	%		10/16/2028		223,065
		Cyborg Oldco DC Holdings, Inc.
	230,203	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		8.33	%^(a)(b)		05/01/2026		—
		DG Investment Intermediate Holdings 2, Inc.
	812,135	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.75% Floor)		7.94	%		03/31/2028		814,644
	150,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 6.86%, 0.75% Floor)		11.19	%		03/29/2029		149,484
		Ellucian Holdings, Inc.
	40,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.08	%		11/22/2032		40,900
		Gainwell Acquisition Corp.
	926,994	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 0.10%, 0.75% Floor)		8.40	%		10/01/2027		895,245
		Helios Software Holdings, Inc.
	566,383	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		07/18/2030		567,739
		ION Trading Technologies Sarl
	257,237	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		04/03/2028		257,711
		Kaseya, Inc.
	413,963	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		03/22/2032		416,065
		McAfee Corp.
	825,140	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.32	%		03/01/2029		803,051
		MH Sub I LLC
	657,443	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.50% Floor)		8.58	%		12/31/2031		573,004
		Mitchell International, Inc.
	715,372	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.58	%		06/17/2031		715,608
	115,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor)		9.58	%		06/17/2032		113,591
		Newfold Digital Holdings Group, Inc.
	240,828	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.93%, 0.75% Floor)		7.93	%		02/10/2028		130,348
		Peraton Corp.
	626,850	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor)		8.18	%		02/01/2028		555,154
		Polaris Newco LLC
	651,414	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.86%, 0.50% Floor)		8.29	%		06/05/2028		635,715
		Proofpoint, Inc.
	60,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%)		7.33	%		08/31/2028		60,107
		RealPage, Inc.
	318,346	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.11%, 0.50% Floor)		7.56	%		04/24/2028		316,517
	229,425	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		04/24/2028		230,078
		Sabre GLBL, Inc.
	156,966	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor)		7.94	%		12/17/2027		154,835
	178,200	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor)		7.94	%		12/17/2027		175,781
	291,372	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.00%)		10.43	%		11/15/2029		291,371
	120,522	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.10%, 0.00% Floor)		10.43	%		11/15/2029		114,948
		Travelport Finance Luxembourg Sarl
	66,433	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor)		11.30	%		09/29/2028		51,631
	110,545	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor)		11.30	%		09/29/2028		85,915
		WEC US Holdings, Inc.

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	893,250	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		01/27/2031		894,478
									14,879,295
ENERGY - 4.3%
		BCP Renaissance Parent LLC
	514,344	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.30	%		10/31/2028		516,515
		Brazos Delaware II LLC
	24,339	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.31	%		02/11/2030		24,409
		Colossus Acquireco LLC
	1,255,000	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)		6.06	%		06/14/2032		1,248,254
		Compass Power Generation LLC
	860,540	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.56	%		04/16/2029		866,457
		CPPIB OVM Member US LLC
	352,512	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		08/20/2031		352,072
		Delek US Holdings, Inc.
	309,221	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.60%, 0.50% Floor)		7.93	%		11/19/2029		304,697
		Freeport LNG Investments LLLP
	650,062	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.52	%		12/21/2028		651,554
		GIP Pilot Acquisition Partners LP
	340,954	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor)		6.28	%		10/04/2030		342,516
		Hamilton Projects Acquiror LLC
	140,000	Senior Secured Term Loan (1 mo. Term SOFR + 2.50%)		6.81	%		05/30/2031		140,642
	157,575	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%)		7.33	%		05/30/2031		158,297
		Natgasoline LLC
	243,469	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.50%, 0.00% Floor)		9.83	%		03/29/2030		242,556
		Par Petroleum LLC
	234,604	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.01	%		02/28/2030		232,992
		WhiteWater Matterhorn Holdings LLC
	160,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		06/16/2032		160,134
									5,241,095
FINANCE - 3.5%
		Allspring Buyer LLC
	679,433	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.31	%		11/01/2030		684,104
		Corpay Technologies Operating Co. LLC
	124,375	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		04/28/2028		124,530
		CPI Holdco B LLC
	295,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		05/19/2031		295,093
		Edelman Financial Engines Center LLC
	339,148	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		04/07/2028		339,902
	335,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor)		9.58	%		10/06/2028		336,801
		Focus Financial Partners LLC
	1,202,881	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		09/15/2031		1,201,684
		GC Ferry Acquisition I, Inc.
	546,667	Senior Secured Term Loan (1 mo. Term SOFR + 3.50%)		7.83	%		06/07/2032		537,783
		Hightower Holding LLC
	715,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.26	%		02/03/2032		714,407
									4,234,304

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
FINANCIALS - 0.3%
		CPI Holdco B LLC
	388,238	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		05/19/2031		387,558
FOOD PRODUCTS - 1.3%
		Aspire Bakeries T/L B
	492,513	Senior Secured Term Loan		7.82	%^(c)		12/23/2030		492,723
		Golden State Foods LLC
	401,973	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor)		8.56	%		12/04/2031		404,405
		Savor Acquisition, Inc.
	434,052	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		02/19/2032		437,205
		Sazerac Co., Inc.
	180,000	Senior Secured Term Loan (1 mo. Term SOFR + 2.50%)		6.82	%		06/25/2032		180,225
									1,514,558
HEALTHCARE - 8.8%
		ADMI Corp.
	764,692	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.50% Floor)		8.19	%		12/23/2027		731,236
	526,975	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.75%, 0.00% Floor)		10.08	%		12/23/2027		512,220
		AthenaHealth Group, Inc.
	1,286,811	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/15/2029		1,286,972
		Aveanna Healthcare LLC
	1,012,892	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.85%, 0.50% Floor)		8.18	%		07/17/2028		993,586
	173,481	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.15%, 0.50% Floor)		11.48	%		12/10/2029		170,749
		Bausch + Lomb Corp.
	275,100	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor)		8.33	%		09/29/2028		275,674
	1,036,115	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.57	%		01/15/2031		1,039,358
		CNT Holdings I Corp.
	123,441	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.75% Floor)		6.78	%		11/08/2032		123,884
		Cotiviti, Inc.
	571,096	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%		05/01/2031		569,134
	585,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%		03/29/2032		582,929
		FinThrive Software Intermediate Holdings, Inc.
	44,815	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor)		8.32	%		12/18/2028		43,686
	75,066	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 0.50% Floor)		8.44	%		12/18/2028		67,935
		Fortrea Holdings, Inc.
	44,463	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor)		8.08	%		07/01/2030		40,016
		LifePoint Health, Inc.
	861,038	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor)		8.01	%		05/19/2031		853,233
		Medline Borrower LP
	658,342	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.50% Floor)		6.58	%		10/23/2028		659,840
		Radiology Partners, Inc.
	655,000	Senior Secured Term Loan (1 mo. Term SOFR + 4.50%)		8.82	%		06/30/2032		650,497
		Sound Inpatient Physicians Holdings LLC
	300,000	Senior Secured Term Loan (3 mo. Term SOFR + 6.75%, 0.00% Floor)		11.08	%		06/29/2026		45,144
		Southern Veterinary Partners LLC
	882,788	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.53	%		12/04/2031		884,818
		Team Health Holdings, Inc.
	434,519	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.25%, 1.00% Floor)		9.53	%		03/02/2027		433,024
		Zelis Payments Buyer, Inc.

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	681,787	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		11/26/2031		679,087
									10,643,022
HOTELS/MOTELS/INNS AND CASINOS - 6.3%
		Bally’s Corp.
	605,171	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.51%, 0.50% Floor)		7.78	%		10/02/2028		537,089
		Caesars Entertainment, Inc.
	1,215,423	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.50% Floor)		6.58	%		02/06/2031		1,216,189
		ClubCorp Holdings, Inc.
	538,533	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor)		9.56	%		09/18/2026		539,880
	343	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.00% Floor)		9.56	%		09/18/2026		344
		Fertitta Entertainment LLC/NV
	728,525	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor)		7.83	%		01/29/2029		728,554
		Flutter Financing BV
	210,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.50% Floor)		6.30	%		06/04/2032		210,262
		GBT US III LLC
	402,975	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.78	%		07/28/2031		404,150
		LC Ahab US Bidco LLC
	622,230	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.32	%		05/01/2031		622,622
		Motion Finco Sarl
	438,321	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		11/30/2029		418,325
		Ontario Gaming GTA LP
	469,229	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		08/01/2030		465,344
		Six Flags Entertainment Corp.
	110,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		05/01/2031		110,234
		Voyager Parent LLC
	1,450,000	Senior Secured Term Loan (1 mo. Term SOFR + 4.75%)		9.07	%		05/10/2032		1,437,109
		Whatabrands LLC
	936,919	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor)		6.83	%		08/03/2028		938,380
									7,628,482
INDUSTRIAL EQUIPMENT - 5.9%
		AI Aqua Merger Sub, Inc.
	1,124,317	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.32	%		07/31/2028		1,123,991
		BCPE Empire Holdings, Inc.
	1,123,294	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.58	%		12/26/2030		1,118,240
		Crosby US Acquisition Corp.
	293,931	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor)		7.83	%		08/16/2029		295,392
		Cube A&D Buyer, Inc.
	670,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.52	%		10/20/2031		674,395
		Eagle Parent Corp.
	755,389	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		04/02/2029		750,355
	72,591	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		04/02/2029		72,107
	72,591	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		04/02/2029		72,107
		Emrld Borrower LP
	457,996	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		08/04/2031		457,834
		Herc Holdings, Inc.

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	180,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.32	%		06/02/2032		180,900
		Husky Injection Molding Systems Ltd.
	418,275	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor)		8.67	%		02/15/2029		419,917
	418,275	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor)		8.80	%		02/15/2029		419,917
		Madison IAQ LLC
	345,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.51	%		05/06/2032		346,364
		QXO Building Products, Inc.
	136,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.28	%		04/30/2032		137,098
		Spin Holdco, Inc.
	163,682	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.26%, 0.75% Floor)		8.58	%		03/06/2028		144,245
		Veritiv Operating Co.
	268,822	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor)		8.30	%		11/30/2030		270,099
		White Cap Supply Holdings LLC
	681,974	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		10/31/2029		679,290
									7,162,251
INSURANCE - 3.5%
		Acrisure LLC
	135,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		06/21/2032		135,000
		Alera Group 2nd Lien T/L
	195,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.50%, 0.50% Floor)		9.83	%		05/30/2033		199,022
		Alera Group, Inc.
	520,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.58	%		05/28/2032		522,145
		Alliant Holdings Intermediate LLC
	797,896	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%		09/19/2031		798,981
		Ardonagh Group Finco Pty Ltd.
	36,567	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.04	%		02/18/2031		36,384
	29,274	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.04	%		02/18/2031		29,127
	194,704	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		193,730
	81,579	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		81,171
	30,505	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		30,353
	196,709	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		195,725
		BroadStreet Partners, Inc.
	56,216	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		06/16/2031		56,347
	575,200	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		06/16/2031		576,538
		OneDigital Borrower LLC
	669,646	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		07/02/2031		669,439
	138,308	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.50% Floor)		9.58	%		07/02/2032		138,827
		Trucordia Insurance Holdings LLC
	560,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%)		7.56	%		06/17/2032		561,750
									4,224,539
MEDIA - 4.7%
		ABG Intermediate Holdings 2 LLC
	69,475	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		12/21/2028		69,524

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Acuris Finance US, Inc.
	540,921	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor)		8.05	%		02/16/2028		542,106
		Arches Buyer, Inc.
	303,749	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor)		7.68	%		12/06/2027		300,388
		CMG Media Corp.
	89,931	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.60%, 0.00% Floor)		7.90	%		06/18/2029		87,389
		Creative Artists Agency LLC
	683,171	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		10/01/2031		685,979
		Crown Finance US, Inc.
	696,961	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor)		9.57	%		12/02/2031		697,658
		CSC Holdings LLC
	528,269	Senior Secured First Lien Term Loan (Prime Rate + 1.50%, 0.00% Floor)		9.00	%		04/15/2027		515,348
	305,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.00% Floor)		8.81	%		01/18/2028		301,360
		Directv Financing LLC
	127,614	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.75% Floor)		9.54	%		08/02/2027		128,262
	229,100	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.51%, 0.75% Floor)		9.79	%		08/02/2029		227,746
		Gray Media, Inc.
	390,516	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor)		7.44	%		12/01/2028		379,111
		iHeartCommunications, Inc.
	174,125	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.89%, 0.00% Floor)		10.22	%		05/01/2029		142,420
		NEP Group, Inc.
	35,593	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor)		7.84	%		08/19/2026		32,890
	624,706	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor)		7.84	%		08/19/2026		577,269
		Pretzel Parent T/L B
	119,700	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.00% Floor)		8.83	%		10/01/2031		119,012
		Townsquare Media, Inc.
	159,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor)		9.32	%		02/19/2030		143,895
		United Talent Agency LLC
	247,500	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.00% Floor)		7.81	%		06/10/2032		248,428
		Univision Communications, Inc.
	505,588	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		06/25/2029		504,746
									5,703,531
MINING - 0.1%
		Arsenal AIC Parent LLC
	153,777	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		08/19/2030		153,854
PHARMACEUTICALS - 1.1%
		1261229 BC Ltd.
	320,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.25%, 0.00% Floor)		10.56	%		10/08/2030		309,325
		Opal US LLC
	1,040,000	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.25%, 0.00% Floor)		7.44	%		04/23/2032		1,045,527
									1,354,852
REAL ESTATE - 0.4%
		Starwood Property Mortgage LLC
	502,193	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		11/18/2027		503,292

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
RETAILERS (OTHER THAN FOOD/DRUG) - 4.4%
		Apro LLC
	670,212	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor)		8.06	%		07/09/2031		669,374
		Beach Acquisition Bidco LLC
	270,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.56	%		06/28/2032		271,688
		Burlington Coat Factory Warehouse Corp.
	134,661	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		09/19/2031		134,324
		EG America LLC
	433,363	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.00% Floor)		8.58	%		02/07/2028		435,877
		Great Outdoors Group LLC
	340,246	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.75% Floor)		7.58	%		01/23/2032		340,300
		HomeServe USA Holding Corp.
	330,813	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.32	%		10/21/2030		331,537
		Mavis Tire Express Services Topco Corp.
	139,650	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.75% Floor)		7.33	%		05/04/2028		139,757
		Michaels Cos., Inc.
	294,507	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.51%, 0.75% Floor)		8.81	%		04/17/2028		247,570
		PetSmart LLC
	714,810	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor)		8.18	%		02/14/2028		709,002
		Staples, Inc.
	258,050	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.50% Floor)		10.03	%		09/10/2029		238,788
		StubHub Holdco Sub LLC
	638,753	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.08	%		03/15/2030		621,718
		United Natural Foods, Inc.
	257,950	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.08	%		05/01/2031		260,529
		Upbound Group, Inc.
	538,547	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/17/2028		541,240
		Victra Holdings LLC
	403,468	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.75% Floor)		8.55	%		03/29/2029		404,099
									5,345,803
TECHNOLOGY - 1.1%
	809,297	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 2.00% Floor)		9.58	%		12/17/2029		820,340
		Tiger Acquisition LLC
	513,438	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		06/01/2028		515,222
									1,335,562
TELECOMMUNICATIONS - 2.3%
		Altice France SA
	711,981	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.50%, 0.00% Floor)		9.76	%		08/31/2028		646,913
		Gogo Intermediate Holdings LLC
	382,134	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.75% Floor)		8.19	%		04/28/2028		376,045
		Lumen Technologies, Inc.
	301,548	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.46%, 2.00% Floor)		6.79	%		04/16/2029		298,346
		Virgin Media Bristol LLC
	659,848	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.28%, 0.00% Floor)		7.37	%		03/31/2031		652,312
		Zayo Group Holdings, Inc.
	398,773	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor)		7.44	%		03/09/2027		380,348
	265,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.58	%		03/09/2027		255,200
		Ziggo Financing Partnership

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	205,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.00% Floor)		6.93	%		04/28/2028		200,737
									2,809,901
TRANSPORTATION - 1.6%
		Brown Group Holding LLC
	75,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%)		6.82	%		07/01/2031		75,175
	620,239	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor)		6.83	%		07/01/2031		621,576
	223,696	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor)		6.83	%		07/01/2031		224,178
		Kenan Advantage Group, Inc.
	657,026	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		01/25/2029		648,813
		Lasership, Inc.
	4,175	Senior Secured First Lien Term Loan (1 mo. SOFR US + 7.50% Cash or 1 mo. SOFR US + 1.50% + 7.00% PIK, 0.75% Floor)		11.93	%		08/10/2029		1,287
	92,857	Senior Secured First Lien Term Loan (1 mo. SOFR US + 7.76% Cash or 1 mo. SOFR US + 1.76% + 7.00% PIK, 0.75% Floor)		11.93	%		08/10/2029		28,631
		WestJet Loyalty LP
	304,631	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		02/14/2031		305,049
									1,904,709
UTILITIES - 1.5%
		Alpha Generation LLC
	770,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%)		6.33	%		09/30/2031		769,869
		WaterBridge Midstream Operating LLC
	684,687	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.01%, 0.00% Floor)		9.57	%		06/27/2029		682,852
		WaterBridge NDB Operating LLC
	322,563	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor)		9.31	%		05/10/2029		322,966
		Total Bank Loans (Cost $107,709,747)							106,212,904
COLLATERALIZED LOAN OBLIGATIONS - 2.5%
		Bridge Street CLO Ltd.
	2,000,000	Series 2024-1A-A (3 mo. Term SOFR + 1.60%, 1.60% Floor)		5.87	%^(d)		04/20/2037		2,008,478
		Crown City CLO
	1,000,000	Series 2023-5A-A1R (3 mo. Term SOFR + 1.60%, 1.60% Floor)		5.87	%^(d)		04/20/2037		1,004,133
		Total Collateralized Loan Obligations (Cost $3,000,000)							3,012,611
FOREIGN CORPORATE BONDS - 0.4%
	85,000	Garda World Security Corp.		8.25	%^(d)		08/01/2032		87,300
	200,000	Global Aircraft Leasing Co. Ltd.		8.75	%^(d)		09/01/2027		205,272
	150,000	Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC		9.00	%^(d)		02/15/2029		157,020
		Total Foreign Corporate Bonds (Cost $444,474)							449,592
US CORPORATE BONDS - 4.3%
	245,000	Allied Universal Holdco LLC		7.88	%^(d)		02/15/2031		256,168
	330,000	AthenaHealth Group, Inc.		6.50	%^(d)		02/15/2030		325,121
	55,000	Azorra Finance Ltd.		7.25	%^(d)		01/15/2031		56,288
	120,000	Builders FirstSource, Inc.		6.38	%^(d)		03/01/2034		122,439
	65,000	Caesars Entertainment, Inc.		6.00	%^(d)		10/15/2032		63,787
	50,000	CCO Holdings LLC / CCO Holdings Capital Corp.		4.75	%^(d)		03/01/2030		48,477
	45,000	Chord Energy Corp.		6.75	%^(d)		03/15/2033		46,001
	120,000	Clydesdale Acquisition Holdings, Inc.		6.75	%^(d)		04/15/2032		123,228

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	50,000	CommScope LLC		9.50	%^(d)		12/15/2031		52,397
	65,000	Dornoch Debt Merger Sub, Inc.		6.63	%^(d)		10/15/2029		50,416
	50,000	EchoStar Corp.		10.75	%		11/30/2029		51,543
	50,000	Frontier Communications Holdings LLC		6.75	%^(d)		05/01/2029		50,689
	155,000	Genesee & Wyoming, Inc.		6.25	%^(d)		04/15/2032		158,351
	60,000	Level 3 Financing, Inc.		6.88	%^(d)		06/30/2033		61,095
	100,000	LifePoint Health, Inc.		10.00	%^(d)		06/01/2032		103,291
	265,000	Madison IAQ LLC		5.88	%^(d)		06/30/2029		260,866
	125,000	Medline Borrower LP		5.25	%^(d)		10/01/2029		124,117
	15,000	Michaels Cos., Inc.		5.25	%^(d)		05/01/2028		12,068
	180,000	NCL Corp. Ltd.		6.75	%^(d)		02/01/2032		184,006
	120,000	Novelis Corp.		6.88	%^(d)		01/30/2030		124,147
	120,000	OneMain Finance Corp.		7.50	%		05/15/2031		125,468
	150,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer		7.00	%^(d)		02/01/2030		154,360
	120,000	Quikrete Holdings, Inc.		6.75	%^(d)		03/01/2033		123,894
	50,000	Radiology Partners, Inc.		8.50	%^(d)		07/15/2032		50,179
	155,000	Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp.		6.63	%^(d)		02/01/2033		155,324
	60,000	Rockies Express Pipeline LLC		6.75	%^(d)		03/15/2033		62,695
	120,000	Sabre GLBL, Inc.		10.75	%^(d)		11/15/2029		123,756
	100,000	Scientific Games Holdings LP/Scientific Games US FinCo, Inc.		6.63	%^(d)		03/01/2030		96,448
	138,000	Six Flags Entertainment Corp.		7.00	%^(d)		07/01/2025		138,000
	120,000	Six Flags Entertainment Corp.		7.25	%^(d)		05/15/2031		123,397
	250,000	SM Energy Co.		7.00	%^(d)		08/01/2032		246,607
	50,000	Staples, Inc.		10.75	%^(d)		09/01/2029		47,571
	50,000	Star Leasing Co. LLC		7.63	%^(d)		02/15/2030		49,624
	65,000	Sunoco LP		6.25	%^(d)		07/01/2033		66,126
	165,000	Trident TPI Holdings, Inc.		12.75	%^(d)		12/31/2028		175,235
	200,000	United Natural Foods, Inc.		6.75	%^(d)		10/15/2028		197,592
	50,000	Univision Communications, Inc.		7.38	%^(d)		06/30/2030		49,175
	155,000	US Foods, Inc.		5.75	%^(d)		04/15/2033		155,225
	25,000	Venture Global Plaquemines LNG LLC		7.50	%^(d)		05/01/2033		26,788
	35,000	Venture Global Plaquemines LNG LLC		6.50	%^(d)		01/15/2034		35,000
	115,000	Victra Holdings LLC / Victra Finance Corp.		8.75	%^(d)		09/15/2029		120,621
	100,000	Vistra Operations Co. LLC		6.88	%^(d)		04/15/2032		104,613
	115,000	VT Topco, Inc.		8.50	%^(d)		08/15/2030		121,337
	60,000	WESCO Distribution, Inc.		6.38	%^(d)		03/15/2033		62,057
	130,000	WR Grace Holdings LLC		5.63	%^(d)		08/15/2029		117,797
	265,000	XHR LP		4.88	%^(d)		06/01/2029		256,991
		Total US Corporate Bonds (Cost $5,198,334)							5,260,375
COMMON STOCKS - 0.4%
	22,003	Flame Aggregator - Series R(b)(e)							440,060
	2,186	Flame Aggregator - Series U(b)(e)							43,720
		Total Common Stocks (Cost $49,603)							483,780
SHORT TERM INVESTMENTS - 1.4%
	567,111	First American Government Obligations Fund - U		4.28	%^(f)				567,111
	567,111	JPMorgan US Government Money Market Fund - IM		4.28	%^(f)				567,111
	567,112	MSILF Government Portfolio - Institutional		4.24	%^(f)				567,112
		Total Short Term Investments (Cost $1,701,334)							1,701,334
		Total Investments - 96.8% (Cost $118,103,492)							117,120,596
		Other Assets in Excess of Liabilities - 3.2%							3,823,000
		NET ASSETS - 100.0%						$	120,943,596

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Bank Loans	87.8	%
US Corporate Bonds	4.3	%
Collateralized Loan Obligations	2.5	%
Short Term Investments	1.4	%
Common Stocks	0.4	%
Foreign Corporate Bonds	0.4	%
Other Assets and Liabilities	3.2	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Electronics/Electric	12.3	%
Healthcare	9.0	%
Hotels/Motels/Inns and Casinos	6.6	%
Industrial Equipment	5.9	%
Business Equipment and Services	5.7	%
Media	4.9	%
Energy	4.7	%
Commercial Services	4.6	%
Retailers (other than Food/Drug)	4.5	%
Finance	3.8	%
Chemicals/Plastics	3.5	%
Insurance	3.5	%
Construction	3.3	%
Containers and Glass Products	2.5	%
Collateralized Loan Obligations	2.5	%
Telecommunications	2.4	%
Aerospace & Defense	1.8	%
Transportation	1.7	%
Utilities	1.6	%
Food Products	1.5	%
Technology	1.5	%
Automotive	1.5	%
Building and Development (including Steel/Metals)	1.5	%
Short Term Investments	1.4	%
Pharmaceuticals	1.1	%
Consumer Products	0.9	%
Real Estate	0.8	%
Mining	0.6	%
Diversified Manufacturing	0.5	%
Leisure	0.4	%
Financials	0.3	%
Other Assets and Liabilities	3.2	%
Net Assets	100.0	%

(a)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(b)	Value determined using significant unobservable inputs.
(c)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(d)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $8,545,567 or 7.1% of the Fund’s net assets.
(e)	Non-income producing security.
(f)	Seven-day yield as of period end.

PIK	A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.
SOFR	Secured Overnight Financing Rate

DoubleLine Shiller Enhanced CAPE^®		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	ASSET BACKED OBLIGATIONS - 7.5%
		ACHV Trust
	2,344,309	Series 2024-2PL-B		5.43	%^(a)		10/27/2031		2,359,505
	2,976,330	Series 2024-3AL-A		5.01	%^(a)		12/26/2031		2,988,285
		Affirm, Inc.
	3,750,000	Series 2024-A-A		5.61	%^(a)		02/15/2029		3,767,849
	5,100,000	Series 2024-B-B		4.88	%^(a)		09/15/2029		5,101,921
	383,907	Series 2024-X1-A		6.27	%^(a)		05/15/2029		384,233
	4,500,000	Series 2025-1A-B		5.13	%^(a)		02/15/2033		4,531,732
	4,500,000	Series 2025-1A-C		5.28	%^(a)		02/15/2033		4,525,718
	6,094,196	Series 2025-X1-A		5.08	%^(a)		04/15/2030		6,100,679
		Aligned Data Centers Issuer LLC
	6,000,000	Series 2021-1A-A2		1.94	%^(a)		08/15/2046		5,800,961
		AVANT Loans Funding Trust
	7,250,000	Series 2024-REV1-A		5.92	%^(a)		10/15/2033		7,338,051
	9,500,000	Series 2025-REV1-A		5.12	%^(a)		05/15/2034		9,538,744
	4,000,000	Series 2025-REV1-B		5.42	%^(a)		05/15/2034		4,030,174
		CAI International, Inc.
	4,309,219	Series 2020-1A-A		2.22	%^(a)		09/25/2045		4,070,764
		Carvana Auto Receivables Trust
	745,729	Series 2024-N1-A2		5.76	%^(a)		04/12/2027		746,150
	993,919	Series 2024-P1-A2		5.50	%^(a)		08/10/2027		995,030
	8,000,000	Series 2024-P3-A4		4.31	%		09/10/2030		8,002,034
		Castlelake Aircraft Securitization Trust
	1,849,368	Series 2019-1A-A		3.97	%^(a)		04/15/2039		1,767,966
		College Avenue Student Loans LLC
	510,441	Series 2017-A-B		4.50	%^(a)		11/26/2046		495,724
		Compass Datacenters LLC
	5,425,000	Series 2024-1A-A1		5.25	%^(a)		02/25/2049		5,456,407
		Diamond Resorts Owner Trust
	898,440	Series 2021-1A-C		2.70	%^(a)		11/21/2033		893,654
		DigitalBridge Group, Inc.
	5,000,000	Series 2023-1A-A2A		5.00	%^(a)		09/15/2048		4,963,832
		Dividend Solar Loans LLC
	1,953,849	Series 2018-2-B		4.25	%^(a)		12/20/2038		1,803,723
		Exeter Automobile Receivables Trust
	103,708	Series 2021-1A-D		1.08	%		11/16/2026		103,550
	10,000,000	Series 2021-1A-E		2.21	%^(a)		02/15/2028		9,914,092
	5,189,000	Series 2024-5A-A3		4.45	%		03/15/2028		5,180,192
		Global Sea Containers Two SRL
	2,373,378	Series 2020-1A-A		2.17	%^(a)		10/17/2040		2,263,514
		GreenSky LLC
	6,200,000	Series 2024-2-B		5.26	%^(a)		10/27/2059		6,240,209
	2,818,312	Series 2025-1A-A4		5.22	%^(a)		03/25/2060		2,846,588
		HERO Funding Trust
	619,026	Series 2016-1A-A		4.05	%^(a)		09/20/2041		586,335
		Horizon Aircraft Finance Ltd.
	10,988,628	Series 2019-2-A		3.43	%^(a)		11/15/2039		10,500,525
		Jack in the Box, Inc.
	4,323,113	Series 2019-1A-A2II		4.48	%^(a)		08/25/2049		4,262,817
		Jimmy Johns LLC
	11,096,625	Series 2017-1A-A2II		4.85	%^(a)		07/30/2047		11,004,641
		Laurel Road Prime Student Loan Trust
	400,622	Series 2017-B-CFX		3.61	%^(a)		08/25/2042		398,100
		Lendbuzz Securitization Trust
	1,373,015	Series 2022-1A-A		4.22	%^(a)		05/17/2027		1,369,650
	2,551,877	Series 2024-3A-A2		4.97	%^(a)		10/15/2029		2,555,301
		Loanpal Solar Loan Ltd.
	5,814,094	Series 2020-3GS-A		2.47	%^(a)		12/20/2047		4,903,758
	3,605,947	Series 2021-1GS-A		2.29	%^(a)		01/20/2048		3,014,344

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Mariner Finance Issuance Trust
	1,500,000	Series 2025-AA-B		5.33	%^(a)		05/20/2038		1,529,405
		Mosaic Solar Loans LLC
	463,831	Series 2017-1A-A		4.45	%^(a)		06/20/2042		446,568
	4,003,011	Series 2020-2A-B		2.21	%^(a)		08/20/2046		3,285,606
		Navient Student Loan Trust
	2,223,914	Series 2018-A-B		3.68	%^(a)		02/18/2042		2,180,092
	5,519,760	Series 2022-A-A		2.23	%^(a)		07/15/2070		5,059,706
		Pagaya AI Debt Selection Trust
	401,887	Series 2021-2-NOTE		3.00	%^(a)		01/25/2029		398,786
	3,388,460	Series 2021-5-C		3.93	%^(a)		08/15/2029		3,299,150
	5,125,074	Series 2024-10-B		5.75	%^(a)		06/15/2032		5,150,529
	4,999,573	Series 2025-1-B		5.63	%^(a)		07/15/2032		5,028,582
		Prosper Marketplace Issuance Trust
	789,445	Series 2023-1A-B		7.48	%^(a)		07/16/2029		790,748
		Reach Financial LLC
	3,586,372	Series 2025-1A-A		4.96	%^(a)		08/16/2032		3,587,249
		Research-Driven Pagaya Motor Asset Trust
	13,747,629	Series 2025-1A-A		5.04	%^(a)		06/27/2033		13,728,098
		Sapphire Aviation Finance Ltd.
	11,449,789	Series 2020-1A-A		3.23	%^(a)		03/15/2040		11,047,684
		Sierra Timeshare Conduit Receivables Funding LLC
	645,276	Series 2021-2A-C		1.95	%^(a)		09/20/2038		630,234
		Slam Ltd.
	6,119,956	Series 2024-1A-A		5.34	%^(a)		09/15/2049		6,174,393
		SOFI Alternative Trust
	1,449,559	Series 2021-1-PT1		9.72	%^(a)(b)		05/25/2030		1,435,654
	1,272,555	Series 2021-2-A		1.25	%^(a)		08/15/2030		1,258,284
	3,072,300	Series 2021-3-A		1.50	%^(a)		11/15/2030		3,024,720
		SoFi Consumer Loan Program Trust
	9,700,000	Series 2025-1-B		5.12	%^(a)		02/27/2034		9,803,967
		Start/Bermuda
	1,540,358	Series 2018-1-A		4.09	%^(a)		05/15/2043		1,540,455
		Taco Bell Corp.
	5,895,000	Series 2021-1A-A2I		1.95	%^(a)		08/25/2051		5,623,782
		TAL Advantage LLC
	2,305,750	Series 2020-1A-A		2.05	%^(a)		09/20/2045		2,172,921
		Tesla Sustainable Energy Trust
	11,600,270	Series 2024-1A-A2		5.08	%^(a)		06/21/2050		11,651,061
		Thunderbolt Aircraft Lease
	4,520,675	Series 2018-A-A		4.15	%^(a)(c)		09/15/2038		4,510,323
		TIF Funding LLC
	2,481,646	Series 2021-1A-A		1.65	%^(a)		02/20/2046		2,233,377
		Upgrade Master Pass-Thru Trust
	332,642	Series 2021-PT3-A		16.14	%^(a)(b)		07/15/2027		310,978
	3,843,800	Series 2025-ST2-A		6.11	%^(a)		06/15/2032		3,878,681
	2,500,000	Series 2025-ST4-A		5.50	%^(a)		08/16/2032		2,506,855
		Upstart Pass-Through Trust Series
	81,511	Series 2021-ST3-A		2.00	%^(a)		05/20/2027		81,234
		Westlake Automobile Receivables Trust
	1,181,770	Series 2023-4A-A2		6.23	%^(a)		01/15/2027		1,183,432
		Willis Lease Finance Corp.
	5,462,553	Series 2020-A-A		3.23	%^(a)		03/15/2045		5,223,294
		Total Asset Backed Obligations (Cost $273,410,279)							269,582,600

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	BANK LOANS - 2.0%
		1011778 BC ULC
	3,713,457	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		09/23/2030		3,702,242
		APi Group DE, Inc.
	2,947,114	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		01/03/2029		2,951,107
		Aramark Services, Inc.
	1,144,098	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		06/24/2030		1,148,863
		Axalta Coating Systems US Holdings, Inc.
	794,737	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor)		6.05	%		12/20/2029		798,381
		Burlington Coat Factory Warehouse Corp.
	2,520,837	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		09/19/2031		2,514,535
		Calpine Corp.
	2,480,886	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.07	%		01/31/2031		2,483,416
		Colossus Acquireco LLC
	2,155,000	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)		6.06	%		06/14/2032		2,143,417
		Corpay Technologies Operating Co. LLC
	2,742,940	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		04/28/2028		2,746,368
		CPI Holdco B LLC
	292,788	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		05/19/2031		292,275
		Cyborg Oldco DC Holdings, Inc.
	320,815	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		8.33	%^(d)(e)		05/01/2026		—
		Delta 2 Lux Sarl
	800,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.50% Floor)		6.30	%		09/19/2031		802,300
	400,000	Senior Secured Term Loan (3 mo. Term SOFR + 2.00%)		6.32	%		09/19/2031		401,150
		Dynasty Acquisition Co., Inc.
	263,211	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%)		6.33	%		10/31/2031		263,628
	691,989	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		10/31/2031		693,086
		Energizer Holdings, Inc.
	2,084,254	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.32	%		03/19/2032		2,092,508
		Flutter Financing BV
	2,132,517	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.50% Floor)		6.05	%		11/29/2030		2,129,851
		Froneri US, Inc.
	1,663,975	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.24	%		09/30/2031		1,649,423
	850,403	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.24	%		09/30/2031		842,966
	442,522	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.24	%		09/30/2031		438,652
		Gen Digital, Inc.
	1,230,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		04/16/2032		1,229,385
		Go Daddy Operating Co. LLC
	3,697,706	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		11/13/2029		3,704,732
		HB Fuller Co.
	2,135,293	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		02/15/2030		2,147,315
		Herc Holdings, Inc.
	295,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.32	%		06/02/2032		296,475
		IQVIA, Inc.
	2,333,275	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor)		6.05	%		01/02/2031		2,346,038
		Iron Mountain, Inc.
	2,148,968	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		01/31/2031		2,149,860
		Lamar Media Corp.
	3,394,350	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.60%, 0.00% Floor)		5.93	%		02/08/2027		3,396,472

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		NRG Energy, Inc.
	3,696,669	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		04/16/2031		3,708,221
		Prime Security Services Borrower LLC
	4,280,000	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)		6.07	%		03/08/2032		4,251,024
		Reynolds Consumer Products LLC
	2,083,987	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		03/04/2032		2,096,137
		Six Flags Entertainment Corp.
	1,574,100	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		05/01/2031		1,577,445
		Somnigroup International, Inc.
	2,304,424	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.54	%		10/24/2031		2,312,109
		SS&C Technologies, Inc.
	2,020,314	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		05/09/2031		2,032,315
		Standard Industries, Inc./NY
	1,509,275	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.50% Floor)		6.07	%		09/22/2028		1,514,618
		Trans Union LLC
	2,980,025	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.50% Floor)		6.08	%		06/24/2031		2,986,402
	719,032	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		06/24/2031		720,751
		Vestis Corp.
	939,313	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		02/24/2031		904,088
		Vistra Operations Co. LLC
	2,141,965	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		12/20/2030		2,149,922
		Walker & Dunlop, Inc.
	349,125	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor)		6.31	%		03/15/2032		350,871
		WMG Acquisition Corp.
	2,160,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		01/24/2031		2,168,100
		Wyndham Hotels & Resorts, Inc.
	2,138,270	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		05/28/2030		2,149,336
		Ziggo Financing Partnership
	100,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.00% Floor)		6.93	%		04/28/2028		97,921
		Total Bank Loans (Cost $72,422,655)							72,383,705
	COLLATERALIZED LOAN OBLIGATIONS - 12.7%
		Allegro CLO Ltd.
	5,000,000	Series 2022-1A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor)		5.49	%^(a)		04/20/2038		5,002,370
	10,000,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)		5.78	%^(a)		07/24/2037		10,045,801
		Anchorage Capital CLO Ltd.
	23,000,000	Series 2021-19A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		5.73	%^(a)		10/15/2034		23,040,229
		Atlas Senior Loan Fund Ltd.
	2,000,000	Series 2018-11A-B (3 mo. Term SOFR + 1.91%, 0.00% Floor)		6.19	%^(a)		07/26/2031		2,007,535
		Battalion CLO Ltd.
	29,500,000	Series 2017-11A-AR (3 mo. Term SOFR + 1.41%, 1.15% Floor)		5.69	%^(a)		04/24/2034		29,574,724
	10,000,000	Series 2021-20A-AR (3 mo. Term SOFR + 1.22%, 1.22% Floor)		5.54	%^(a)		04/15/2038		9,999,440
	10,000,000	Series 2022-23A-A1R (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.68	%^(a)		10/15/2037		10,045,767
		Benefit Street Partners CLO Ltd.
	6,500,000	Series 2024-37A-A (3 mo. Term SOFR + 1.35%, 1.35% Floor)		5.70	%^(a)		01/25/2038		6,526,449
		Bridge Street CLO Ltd.
	6,000,000	Series 2020-1A-A1R (3 mo. Term SOFR + 1.55%, 1.55% Floor)		5.82	%^(a)		07/20/2037		6,027,742
	10,500,000	Series 2021-1A-A1A (3 mo. Term SOFR + 1.49%, 1.23% Floor)		5.76	%^(a)		07/20/2034		10,520,752
		Carlyle Global Market Strategies
	10,000,000	Series 2022-2A-A1R (3 mo. Term SOFR + 1.36%, 1.36% Floor)		5.63	%^(a)		01/20/2038		10,050,840

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		CarVal CLO
	4,000,000	Series 2024-2A-A (3 mo. Term SOFR + 1.46%, 1.46% Floor)		5.73	%^(a)		07/20/2037		4,017,436
		CBAM Ltd.
	10,000,000	Series 2017-1A-AR2 (3 mo. Term SOFR + 1.39%, 1.39% Floor)		5.66	%^(a)		01/20/2038		10,042,280
	4,500,000	Series 2017-2A-AR (3 mo. Term SOFR + 1.45%, 1.19% Floor)		5.73	%^(a)		07/17/2034		4,507,622
	3,000,000	Series 2020-13A-A (3 mo. Term SOFR + 1.69%, 1.43% Floor)		5.96	%^(a)		01/20/2034		3,009,239
		Cedar Funding Ltd.
	10,000,000	Series 2018-9A-AR (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.69	%^(a)		07/20/2037		10,043,716
		CFIP CLO Ltd.
	10,350,000	Series 2017-1A-AR (3 mo. Term SOFR + 1.49%, 1.23% Floor)		5.76	%^(a)		10/18/2034		10,372,274
		Halcyon Loan Advisors Funding Ltd.
	15,358	Series 2013-2A-D (3 mo. Term SOFR + 4.06%, 0.00% Floor)		8.34	%^(a)		08/01/2025		15,367
		Jamestown CLO Ltd.
	15,000,000	Series 2016-9A-A1RR (3 mo. Term SOFR + 1.50%, 1.24% Floor)		5.78	%^(a)		07/25/2034		15,029,255
		LCM LP
	3,187,346	Series 17A-A2RR (3 mo. Term SOFR + 1.41%, 1.15% Floor)		5.67	%^(a)		10/15/2031		3,191,453
		Magnetite CLO Ltd.
	20,000,000	Series 2024-42A-A1 (3 mo. Term SOFR + 1.31%, 1.31% Floor)		5.62	%^(a)		01/25/2038		20,065,880
		Marble Point CLO
	29,500,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.44%, 1.44% Floor)		5.71	%^(a)		07/20/2037		29,634,788
	23,000,000	Series 2021-3A-A1 (3 mo. Term SOFR + 1.50%, 1.24% Floor)		5.78	%^(a)		10/17/2034		23,041,145
		MP CLO Ltd.
	10,000,000	Series 2015-2A-ARR (3 mo. Term SOFR + 1.46%, 1.20% Floor)		5.74	%^(a)		04/28/2034		10,019,420
		Nassau Global Credit LLC
	4,816,501	Series 2018-IA-A (3 mo. Term SOFR + 1.41%, 0.00% Floor)		5.67	%^(a)		07/15/2031		4,818,215
		OCP CLO Ltd.
	20,000,000	Series 2017-14A-A1R (3 mo. Term SOFR + 1.37%, 1.37% Floor)		5.64	%^(a)		07/20/2037		20,073,976
	9,000,000	Series 2020-18A-A1R2 (3 mo. Term SOFR + 1.37%, 1.37% Floor)		5.64	%^(a)		07/20/2037		9,033,315
		Octagon Investment Partners Ltd.
	27,500,000	Series 2019-4A-A1RR (3 mo. Term SOFR + 1.40%, 1.40% Floor)		5.70	%^(a)		08/12/2037		27,608,782
		Sound Point CLO Ltd.
	25,000,000	Series 2019-2A-AR (3 mo. Term SOFR + 1.43%, 1.17% Floor)		5.69	%^(a)		07/15/2034		25,051,508
	20,000,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.43%, 1.43% Floor)		5.70	%^(a)		07/20/2034		20,041,012
	5,000,000	Series 2021-1A-A (3 mo. Term SOFR + 1.33%, 1.33% Floor)		5.61	%^(a)		04/25/2034		5,013,500
	10,000,000	Series 2024-5A-A1 (3 mo. Term SOFR + 1.39%, 1.39% Floor)		5.66	%^(a)		10/20/2037		10,044,686
		Trestles LLC
	5,000,000	Series 2023-6A-A1R (3 mo. Term SOFR + 1.18%, 1.18% Floor)		5.45	%^(a)		04/25/2038		5,001,490
		Trimaran CAVU LLC
	20,000,000	Series 2021-3A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		5.74	%^(a)		01/18/2035		20,030,668
		Wellfleet CLO Ltd.
	15,990,000	Series 2020-2A-AR (3 mo. Term SOFR + 1.48%, 1.22% Floor)		5.74	%^(a)		07/15/2034		16,019,182
	10,000,000	Series 2022-1A-A1RN (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.68	%^(a)		07/15/2037		10,044,647
		Wellington Management Clo 3 Ltd.
	10,000,000	Series 2025-4A-A (3 mo. Term SOFR + 1.15%, 1.15% Floor)		5.43	%^(a)		04/18/2038		9,993,327
		Wind River CLO Ltd.
	10,000,000	Series 2021-4A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor)		5.70	%^(a)		01/20/2035		10,020,638
		Total Collateralized Loan Obligations (Cost $457,371,068)							458,626,470

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	FOREIGN CORPORATE BONDS - 3.8%
	400,000	Adani International Container Terminal Pvt Ltd.		3.00	%		02/16/2031		352,509
	1,000,000	Adani Ports & Special Economic Zone Ltd.		4.00	%		07/30/2027		968,787
	600,000	Adani Transmission Step-One Ltd.		4.00	%		08/03/2026		593,843
	3,309,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust		6.45	%		04/15/2027		3,418,007
	1,374,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust		5.75	%		06/06/2028		1,421,901
	835,000	Aker BP ASA		5.60	%^(a)		06/13/2028		858,120
	1,137,495	AL Candelaria Spain SA		7.50	%		12/15/2028		1,136,213
	200,000	AngloGold Ashanti Holdings PLC		3.38	%		11/01/2028		191,011
	800,000	Antofagasta PLC		2.38	%		10/14/2030		708,385
	2,255,000	Avolon Holdings Funding Ltd.		6.38	%^(a)		05/04/2028		2,352,489
	2,561,000	Avolon Holdings Funding Ltd.		5.38	%^(a)		05/30/2030		2,609,898
	5,192,000	BAE Systems PLC		3.40	%^(a)		04/15/2030		4,956,273
	1,700,000	Banco Continental SAECA		2.75	%^(a)		12/10/2025		1,685,069
	1,400,000	Banco de Bogota SA		6.25	%		05/12/2026		1,405,292
	200,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 2.45%)		3.25	%		09/30/2031		194,102
	1,500,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 2.45%)		3.25	%^(a)		09/30/2031		1,455,768
	1,500,000	Banco Industrial SA/Guatemala (5 yr. CMT Rate + 4.44%)		4.88	%		01/29/2031		1,493,625
	1,800,000	Banco Internacional del Peru SAA Interbank (5 yr. CMT Rate + 3.71%)		4.00	%		07/08/2030		1,794,666
	400,000	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand (5 yr. CMT Rate + 3.00%)		7.53	%		10/01/2028		423,285
	1,130,000	Bank of Ireland Group PLC (SOFR + 1.62%)		5.60	%^(a)		03/20/2030		1,165,091
	3,201,000	Bank of Montreal (SOFR + 1.25%)		4.64	%		09/10/2030		3,228,361
	139,000	BAT Capital Corp.		4.91	%		04/02/2030		140,915
	1,924,000	BAT International Finance PLC		1.67	%		03/25/2026		1,884,418
	2,259,000	BAT International Finance PLC		5.93	%		02/02/2029		2,371,365
	1,800,000	BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX (5 yr. CMT Rate + 4.31%)		5.88	%		09/13/2034		1,770,049
	3,463,000	BPCE SA (SOFR + 1.68%)		5.88	%^(a)		01/14/2031		3,593,281
	600,000	BRF GmbH		4.35	%		09/29/2026		594,391
	3,116,000	CaixaBank SA (SOFR + 2.70%)		6.21	%^(a)		01/18/2029		3,239,443
	1,693,000	Canadian Imperial Bank of Commerce		3.95	%		08/04/2025		1,691,735
	2,336,000	Canadian Imperial Bank of Commerce (SOFR + 1.11%)		5.25	%		01/13/2031		2,393,720
	5,540,000	Canadian Pacific Railway Co.		4.80	%		03/30/2030		5,631,842
	1,400,000	Cemex SAB de CV (5 yr. CMT Rate + 4.53%)		5.13	%^(f)		06/08/2026		1,377,887
	300,000	Cencosud SA		4.38	%		07/17/2027		297,831
	2,532,837	Chile Electricity PEC SpA		0.00	%^(a)		01/25/2028		2,239,155
	606,400	Cometa Energia SAB de CV		6.38	%		04/24/2035		625,399
	800,000	Cosan Luxembourg SA		5.50	%		09/20/2029		780,071
	3,468,000	Credit Agricole SA (SOFR + 1.13%)		5.23	%^(a)		01/09/2029		3,525,725
	1,600,000	DBS Group Holdings Ltd. (5 yr. CMT Rate + 1.10%)		1.82	%		03/10/2031		1,570,343
	1,011,000	Diageo Investment Corp.		5.13	%		08/15/2030		1,041,897
	255,680	Digicel Group Holdings Ltd.		0.00	%^(a)(e)		12/31/2030		11,179
	198,552	Digicel Group Holdings Ltd.		0.00	%^(a)(e)		12/31/2030		1,237
	3,175,000	Element Fleet Management Corp.		6.32	%^(a)		12/04/2028		3,350,046
	2,629,000	Element Fleet Management Corp.		5.04	%^(a)		03/25/2030		2,653,302
	454,878	Empresa Electrica Angamos SA		4.88	%		05/25/2029		410,551
	1,055,020	Empresa Electrica Cochrane SpA		5.50	%		05/14/2027		1,043,837
	1,244,000	Enbridge, Inc.		6.00	%		11/15/2028		1,306,493
	2,759,000	Enel Finance International NV		5.13	%^(a)		06/26/2029		2,811,326
	400,000	Energuate Trust		5.88	%		05/03/2027		398,144
	228,235	Fenix Power Peru SA		4.32	%		09/20/2027		223,438
	950,000	Freeport Indonesia PT		4.76	%^(a)		04/14/2027		952,316

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,300,000	Freeport-McMoRan, Inc.		4.13	%		03/01/2028		1,285,119
	147,430	Galaxy Pipeline Assets Bidco Ltd.		2.16	%		03/31/2034		130,937
	2,924,000	Glencore Funding LLC (SOFR + 1.06%)		5.40	%^(a)		04/04/2027		2,938,810
	2,009,000	Glencore Funding LLC		4.91	%^(a)		04/01/2028		2,029,967
	635,520	GNL Quintero SA		4.63	%		07/31/2029		630,554
	500,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%		05/15/2029		520,305
	254,000	Grupo de Inversiones Suramericana SA		5.50	%		04/29/2026		254,991
	1,306,093	Guara Norte Sarl		5.20	%		06/15/2034		1,238,756
	200,000	HSBC Holdings PLC (SOFR + 3.03%)		7.34	%		11/03/2026		201,884
	200,000	HSBC Holdings PLC (SOFR + 1.04%)		5.44	%		11/19/2028		200,068
	3,068,000	Imperial Brands Finance PLC		4.50	%^(a)		06/30/2028		3,068,169
	400,000	InRetail Consumer		3.25	%		03/22/2028		379,700
	1,100,000	InRetail Shopping Malls		5.75	%		04/03/2028		1,100,154
	750,000	Intercorp Financial Services, Inc.		4.13	%		10/19/2027		729,441
	57,070	Interoceanica IV Finance Ltd. Series 2007		0.00	%^(e)		11/30/2025		55,429
	35,034	Invepar Holdings		0.00	%^(d)(e)		12/30/2028		—
	923,000	JSW Hydro Energy Ltd.		4.13	%		05/18/2031		850,373
	700,000	JSW Infrastructure Ltd.		4.95	%		01/21/2029		686,419
	1,100,000	KUO SAB De CV		5.75	%		07/07/2027		1,084,565
	237,957	Lima Metro Line 2 Finance Ltd.		4.35	%		04/05/2036		224,013
	1,700,629	Mexico Generadora de Energia S de RL		5.50	%		12/06/2032		1,691,274
	2,160,000	Millicom International Cellular SA		5.13	%		01/15/2028		2,136,379
	900,000	Minerva Luxembourg SA		5.88	%		01/19/2028		901,342
	508,200	Mong Duong Finance Holdings BV		5.13	%		05/07/2029		496,877
	1,244,944	MV24 Capital BV		6.75	%		06/01/2034		1,208,516
	261,000	Nationwide Building Society (SOFR + 1.91%)		6.56	%^(a)		10/18/2027		267,655
	3,424,000	NatWest Group PLC (1 yr. CMT Rate + 1.22%)		4.96	%		08/15/2030		3,464,398
	1,000,000	NBM US Holdings, Inc.		7.00	%		05/14/2026		1,002,655
	800,000	NBM US Holdings, Inc.		6.63	%		08/06/2029		806,191
	2,614,000	Nutrien Ltd.		4.90	%		03/27/2028		2,652,111
	1,000,000	Orazul Energy Peru SA		5.63	%		04/28/2027		991,295
	1,300,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		1.83	%		09/10/2030		1,293,462
	1,295,493	Prumo Participacoes e Investimentos S/A		7.50	%		12/31/2031		1,313,354
	500,000	Reliance Industries Ltd.		3.67	%		11/30/2027		491,076
	3,326,000	Rio Tinto Finance USA PLC		4.88	%		03/14/2030		3,391,170
	1,476,000	Royal Bank of Canada (SOFR + 0.53%)		4.89	%		01/20/2026		1,477,667
	5,256,000	Royal Bank of Canada (SOFR + 0.86%)		5.22	%		10/18/2028		5,264,137
	200,000	Scotiabank Peru SAA (1 yr. CMT Rate + 2.31%)		6.10	%^(a)		10/01/2035		203,400
	2,684,000	Siemens Funding BV		4.35	%^(a)		05/26/2028		2,705,507
	1,200,000	Telefonica Celular del Paraguay SA		5.88	%		04/15/2027		1,195,506
	910,000	UBS Group AG (1 yr. CMT Rate + 1.60%)		6.33	%^(a)		12/22/2027		934,584
	200,000	Ultrapar International SA		5.25	%		06/06/2029		199,108
	1,500,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.52%)		1.75	%		03/16/2031		1,470,343
	3,257,000	Videotron Ltd.		5.13	%^(a)		04/15/2027		3,260,762
	500,000	Wipro IT Services LLC		1.50	%		06/23/2026		485,357
		Total Foreign Corporate Bonds (Cost $135,760,809)							137,257,811

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.5%
	1,600,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)		2.72	%		08/11/2031		1,520,071
	1,600,000	Bank Negara Indonesia Persero Tbk PT		3.75	%		03/30/2026		1,583,940
	1,553,854	Bioceanico Sovereign Certificate Ltd.		0.00	%		06/05/2034		1,236,868
	700,000	BPRL International Singapore Pte Ltd.		4.38	%		01/18/2027		697,185
	837,000	Chile Electricity Lux MPC Sarl		6.01	%		01/20/2033		868,187
	200,000	Comision Federal de Electricidad		4.69	%		05/15/2029		195,538
	1,300,000	Comision Federal de Electricidad		5.70	%^(a)		01/24/2030		1,299,025
	900,000	Corp. Nacional del Cobre de Chile		3.00	%		09/30/2029		836,691
	200,000	Corp. Nacional del Cobre de Chile		3.75	%		01/15/2031		186,845
	1,200,000	Dominican Republic International Bond		5.50	%		02/22/2029		1,197,720
	600,000	Guatemala Government Bond		4.50	%		05/03/2026		595,434
	1,200,000	Guatemala Government Bond		5.25	%		08/10/2029		1,194,000
	1,312,276	Lima Metro Line 2 Finance Ltd.		5.88	%		07/05/2034		1,331,788
	200,000	Mexico Government International Bond		5.00	%		05/07/2029		201,400
	600,000	Morocco Government International Bond		2.38	%		12/15/2027		568,142
	1,000,000	ONGC Videsh Vankorneft Pte Ltd.		3.75	%		07/27/2026		991,278
	445,000	Paraguay Government International Bond		5.00	%		04/15/2026		445,000
	143,000	Paraguay Government International Bond		4.70	%		03/27/2027		143,079
	300,000	Pertamina Persero PT		1.40	%		02/09/2026		294,302
	700,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara		4.13	%		05/15/2027		693,524
	200,000	Peruvian Government International Bond		2.84	%		06/20/2030		183,778
	950,000	Petrobras Global Finance BV		6.00	%		01/27/2028		969,767
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $16,910,174)							17,233,562
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 11.3%
		280 Park Avenue Mortgage Trust
	4,830,000	Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor)		5.49	%^(a)		09/15/2034		4,787,458
		ACREC Trust
	4,800,000	Series 2025-FL3-A (1 mo. Term SOFR + 1.31%, 1.31% Floor)		5.62	%^(a)		08/18/2042		4,798,920
		Alen Mortgage Trust
	2,000,000	Series 2021-ACEN-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.08	%^(a)		04/15/2034		1,873,375
		Arbor Multifamily Mortgage Securities Trust
	111,886,142	Series 2021-MF2-XA		1.22	%^(a)(b)(g)		06/15/2054		5,505,581
		Arbor Realty Trust, Inc.
	40,902,000	Series 2020-MF1-XD		0.59	%^(a)(b)(g)		05/15/2053		930,557
	1,088,417	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)		5.78	%^(a)		11/15/2036		1,091,663
	5,732,304	Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor)		5.75	%^(a)		01/15/2037		5,740,283
		AREIT Trust
	1,705,972	Series 2022-CRE6-A (30 day avg SOFR US + 1.25%, 1.25% Floor)		5.55	%^(a)		01/20/2037		1,713,021
	7,220,000	Series 2025-CRE10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		12/17/2029		7,154,089
		BANK5 Trust
	6,433,000	Series 2023-5YR2-A3		6.66	%^(b)		07/15/2056		6,789,605
	5,022,000	Series 2024-5YR10-AS		5.64	%		10/15/2057		5,149,972
	21,139,639	Series 2025-5YR14-XA		1.20	%^(b)(g)		04/15/2058		871,403
		BBCMS Trust
	11,001,000	Series 2019-BWAY-E (1 mo. Term SOFR + 2.96%, 2.85% Floor)		7.28	%^(a)		11/15/2034		41,254
	29,456,500	Series 2021-C10-XB		1.13	%^(b)(g)		07/15/2054		1,530,286
	21,205,000	Series 2021-C10-XD		1.80	%^(a)(b)(g)		07/15/2054		1,721,163
	53,058,416	Series 2025-5C34-XA		1.39	%^(b)(g)		05/15/2058		2,634,828
	55,564,588	Series 2025-C32-XA		1.36	%^(b)(g)		02/15/2062		4,752,234
		BDS Ltd.
	4,824,403	Series 2021-FL10-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)		5.78	%^(a)		12/16/2036		4,842,148
	947,811	Series 2021-FL9-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.50	%^(a)		11/16/2038		946,051
	1,300,098	Series 2022-FL11-ATS (1 mo. Term SOFR + 1.80%, 1.80% Floor)		6.12	%^(a)		03/19/2039		1,301,744
	7,500,000	Series 2024-FL13-A (1 mo. Term SOFR + 1.58%, 1.58% Floor)		5.89	%^(a)		09/19/2039		7,544,723

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Benchmark Mortgage Trust
	157,277,074	Series 2020-IG1-XA		0.61	%^(b)(g)		09/15/2043		2,799,060
	147,442,115	Series 2025-V14-XA		0.98	%^(b)(g)		04/15/2057		4,785,602
		BFLD Trust
	3,012,000	Series 2024-VICT-A (1 mo. Term SOFR + 1.89%, 1.89% Floor)		6.20	%^(a)		07/15/2041		3,024,489
		BHMS Mortgage Trust
	165,041,500	Series 2018-ATLS-XCP		0.00	%^(a)(b)(g)		07/15/2035		1,650
		BMO Mortgage Trust
	93,265,188	Series 2024-5C5-XA		1.39	%^(b)(g)		02/15/2057		3,782,696
	38,795,712	Series 2025-5C9-XA		0.92	%^(b)(g)		04/15/2058		1,161,815
	44,339,039	Series 2025-C11-XA		1.33	%^(b)(g)		02/15/2058		3,624,672
		BrightSpire Capital, Inc.
	4,249,365	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		08/19/2038		4,213,849
	13,968,000	Series 2021-FL1-AS (1 mo. Term SOFR + 1.71%, 1.60% Floor)		6.03	%^(a)		08/19/2038		13,888,005
	6,702,000	Series 2024-FL2-A (1 mo. Term SOFR + 1.95%, 1.95% Floor)		6.26	%^(a)		08/19/2037		6,724,659
		BSPRT Co.-Issuer LLC
	7,450,000	Series 2023-FL10-AS (1 mo. Term SOFR + 2.86%, 2.86% Floor)		7.17	%^(a)		09/15/2035		7,491,504
		BX Trust
	1,000,000	Series 2018-GW-A (1 mo. Term SOFR + 1.10%, 0.80% Floor)		5.41	%^(a)		05/15/2035		998,161
	4,835,282	Series 2021-RISE-B (1 mo. Term SOFR + 1.36%, 1.25% Floor)		5.68	%^(a)		11/15/2036		4,831,556
	2,338,258	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)		5.11	%^(a)		10/15/2038		2,338,609
	2,026,500	Series 2021-XL2-D (1 mo. Term SOFR + 1.51%, 1.40% Floor)		5.82	%^(a)		10/15/2038		2,026,906
	1,864,427	Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor)		6.76	%^(a)		08/15/2039		1,866,175
	3,003,000	Series 2022-PSB-B (1 mo. Term SOFR + 2.95%, 2.95% Floor)		7.26	%^(a)		08/15/2039		3,006,754
	4,529,159	Series 2024-GPA3-A (1 mo. Term SOFR + 1.29%, 1.29% Floor)		5.60	%^(a)		12/15/2039		4,539,149
	2,260,000	Series 2025-ROIC-C (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.86	%^(a)		03/15/2030		2,244,211
		CEDR Commercial Mortgage Trust
	3,790,000	Series 2022-SNAI-A (1 mo. Term SOFR + 0.99%, 0.99% Floor)		5.30	%^(a)		02/15/2039		3,690,927
		CFCRE Commercial Mortgage Trust
	15,779,267	Series 2016-C4-XA		1.73	%^(b)(g)		05/10/2058		72,398
	2,475,000	Series 2016-C7-A3		3.84	%		12/10/2054		2,440,850
	16,201,000	Series 2017-C8-XB		1.05	%^(b)(g)		06/15/2050		241,802
		Citigroup Commercial Mortgage Trust
	16,463,284	Series 2016-GC36-XA		1.36	%^(b)(g)		02/10/2049		34,308
	3,096,000	Series 2016-P3-A4		3.33	%		04/15/2049		3,049,734
	10,092,303	Series 2016-P3-XA		1.81	%^(b)(g)		04/15/2049		71,846
	2,519,000	Series 2016-P4-B		3.38	%		07/10/2049		2,353,859
	11,710,999	Series 2016-P4-XA		2.04	%^(b)(g)		07/10/2049		122,780
	10,622,945	Series 2017-P7-XA		1.23	%^(b)(g)		04/14/2050		139,189
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	15,808,281	Series 2016-C1-XA		1.51	%^(b)(g)		05/10/2049		40,875
	40,595,510	Series 2017-CD3-XA		1.08	%^(b)(g)		02/10/2050		451,917
	50,966,400	Series 2017-CD4-XA		1.37	%^(b)(g)		05/10/2050		807,242
		Commercial Mortgage Pass Through Certificates
	1,721,713	Series 2013-CR12-XA		0.67	%^(b)(g)		10/10/2046		35
	1,746,540	Series 2015-CR22-XA		0.37	%^(b)(g)		03/10/2048		11
	9,585,008	Series 2015-CR25-XA		0.86	%^(b)(g)		08/10/2048		159
	24,296,568	Series 2015-CR27-XA		1.00	%^(b)(g)		10/10/2048		525
	801,317	Series 2015-DC1-XA		0.71	%^(b)(g)		02/10/2048		12
	3,949,362	Series 2015-LC21-B		4.52	%^(b)		07/10/2048		3,919,959
	10,459,133	Series 2016-DC2-XA		1.05	%^(b)(g)		02/10/2049		14,731
	11,396,000	Series 2018-HCLV-D (1 mo. Term SOFR + 2.47%, 2.18% Floor)		6.78	%^(a)		09/15/2033		3,675,379
		Computershare Corporate Trust
	9,629,886	Series 2015-C30-XA		0.87	%^(b)(g)		09/15/2058		214
	3,875,603	Series 2015-NXS2-XA		0.27	%^(b)(g)		07/15/2058		1,335
	9,400,923	Series 2016-C33-XA		1.70	%^(b)(g)		03/15/2059		42,366
	19,968,010	Series 2016-NXS6-XA		1.68	%^(b)(g)		11/15/2049		170,399

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	63,678,019	Series 2017-C38-XA		1.05	%^(b)(g)		07/15/2050		820,046
	20,017,206	Series 2019-C52-XA		1.70	%^(b)(g)		08/15/2052		1,004,377
	61,660,404	Series 2021-C59-XA		1.62	%^(b)(g)		04/15/2054		3,815,897
	5,250,000	Series 2022-ONL-A		3.86	%^(a)		12/15/2039		5,020,675
		Credit Suisse Mortgage Capital Certificates
	9,873,828	Series 2014-USA-X1		0.69	%^(a)(b)(g)		09/15/2037		11,353
	729,268	Series 2017-PFHP-A (1 mo. Term SOFR + 1.00%, 0.95% Floor)		5.31	%^(a)		12/15/2030		727,391
		CSAIL Commercial Mortgage Trust
	1,645,471	Series 2015-C1-XA		0.17	%^(b)(g)		04/15/2050		2
	2,742,861	Series 2016-C6-XA		2.01	%^(b)(g)		01/15/2049		12,961
	121,655,563	Series 2021-C20-XA		1.11	%^(b)(g)		03/15/2054		5,122,283
		ELP Commercial Mortgage Trust
	2,918,603	Series 2021-ELP-C (1 mo. Term SOFR + 1.43%, 1.32% Floor)		5.75	%^(a)		11/15/2038		2,916,419
		Franklin BSP Realty Trust, Inc.
	3,033,194	Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor)		5.80	%^(a)		02/15/2037		3,034,187
		FS Rialto
	4,555,057	Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor)		5.65	%^(a)		05/16/2038		4,528,287
		FS RIALTO
	5,235,034	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)		5.68	%^(a)		11/16/2036		5,232,453
		FS Rialto Issuer LLC
	5,740,000	Series 2025-FL10-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		08/19/2042		5,746,102
		Granite Point Mortgage Trust, Inc.
	1,897,094	Series 2021-FL3-A (1 mo. Term SOFR + 1.61%, 1.36% Floor)		5.93	%^(a)		07/16/2035		1,865,061
	3,454,406	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.35% Floor)		5.78	%^(a)		12/15/2036		3,444,747
		Great Wolf Trust
	8,770,000	Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.85	%^(a)		03/15/2039		8,794,743
		Greystone Commercial Real Estate Notes
	1,258,604	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)		5.45	%^(a)		07/15/2039		1,260,627
	10,700,000	Series 2021-FL3-C (1 mo. Term SOFR + 2.11%, 2.00% Floor)		6.43	%^(a)		07/15/2039		10,627,518
		GS Mortgage Securities Corp. II
	284,322	Series 2014-GC24-XA		0.40	%^(b)(g)		09/10/2047		4
	5,491,700	Series 2015-GC32-XA		0.72	%^(b)(g)		07/10/2048		84
	6,803,573	Series 2015-GS1-XA		0.85	%^(b)(g)		11/10/2048		11,264
	13,765,776	Series 2016-GS2-XA		1.88	%^(b)(g)		05/10/2049		71,672
	23,711,668	Series 2016-GS3-XA		1.30	%^(b)(g)		10/10/2049		192,449
	2,314,000	Series 2018-GS10-WLSD		5.07	%^(a)(b)		03/10/2033		203,865
	2,893,000	Series 2018-GS10-WLSE		5.07	%^(a)(b)		03/10/2033		232,092
	5,000,000	Series 2018-TWR-E (1 mo. Term SOFR + 2.40%, 2.10% Floor)		6.71	%^(a)		07/15/2031		524,423
	5,000,000	Series 2018-TWR-F (1 mo. Term SOFR + 3.10%, 2.80% Floor)		7.41	%^(a)		07/15/2031		472,448
	5,000,000	Series 2018-TWR-G (1 mo. Term SOFR + 4.22%, 3.93% Floor)		8.53	%^(a)		07/15/2031		420,473
		GSCG Trust
	14,505,000	Series 2019-600C-E		4.12	%^(a)(b)		09/06/2034		612,256
		HGI CRE CLO Ltd.
	2,000,000	Series 2021-FL1-B (1 mo. Term SOFR + 1.71%, 1.71% Floor)		6.03	%^(a)		06/16/2036		2,002,200
		JP Morgan Chase Commercial Mortgage Securities
	12,671,029	Series 2015-JP1-XA		1.03	%^(b)(g)		01/15/2049		24,719
	30,021,623	Series 2016-JP4-XA		0.70	%^(b)(g)		12/15/2049		158,547
	336,000	Series 2018-WPT-CFX		4.95	%^(a)		07/05/2033		254,604
	3,876,198	Series 2019-COR4-ASB		3.94	%		03/10/2052		3,840,468
	5,775,000	Series 2019-UES-G		4.60	%^(a)(b)		05/05/2032		5,267,614
	6,153,490	Series 2022-NLP-A (1 mo. Term SOFR + 0.85%, 0.60% Floor)		5.16	%^(a)		04/15/2037		6,088,144
		JPMBB Commercial Mortgage Securities Trust
	3,277,093	Series 2014-C25-XA		0.61	%^(b)(g)		11/15/2047		40
	11,598,982	Series 2015-C30-XA		0.47	%^(b)(g)		07/15/2048		139
	3,145,504	Series 2015-C31-XA		0.89	%^(b)(g)		08/15/2048		58
	12,597,635	Series 2015-C32-XA		1.23	%^(b)(g)		11/15/2048		355
	5,380,000	Series 2015-C33-AS		4.02	%		12/15/2048		5,307,717

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		KREF
	1,332,965	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.50	%^(a)		02/15/2039		1,332,514
	7,942,000	Series 2021-FL2-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.08	%^(a)		02/15/2039		7,893,482
	6,533,782	Series 2022-FL3-A (1 mo. Term SOFR + 1.45%, 1.45% Floor)		5.77	%^(a)		02/17/2039		6,541,518
		LoanCore
	3,011,968	Series 2021-CRE5-A (1 mo. Term SOFR + 1.41%, 1.41% Floor)		5.73	%^(a)		07/15/2036		2,999,652
	4,214,453	Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor)		5.73	%^(a)		11/15/2038		4,229,052
	5,880,875	Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor)		5.85	%^(a)		01/17/2037		5,898,106
	7,220,000	Series 2025-CRE8-A (1 mo. Term SOFR + 1.39%, 1.39% Floor)		5.70	%^(a)		08/17/2042		7,166,153
		LSTAR Commercial Mortgage Trust
	2,448,203	Series 2016-4-XA		1.68	%^(a)(b)(g)		03/10/2049		10,253
	58,586,782	Series 2017-5-X		1.00	%^(a)(b)(g)		03/10/2050		562,562
		Lument Finance Trust, Inc.
	3,637,726	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)		5.60	%^(a)		06/15/2039		3,645,886
		MF1 Multifamily Housing Mortgage Loan Trust
	339,716	Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor)		5.53	%^(a)		07/16/2036		339,965
	2,832,614	Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor)		5.67	%^(a)		02/19/2037		2,832,622
	12,550,000	Series 2022-FL8-AS (1 mo. Term SOFR + 1.75%, 1.75% Floor)		6.07	%^(a)		02/19/2037		12,511,040
	6,445,029	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.47	%^(a)		06/19/2037		6,463,204
	7,200,000	Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.00	%^(a)		08/18/2041		7,226,114
	7,220,000	Series 2025-FL17-A (1 mo. Term SOFR + 1.32%, 1.32% Floor)		5.63	%^(a)		02/18/2040		7,222,953
		Morgan Stanley ABS Capital I, Inc.
	3,693,707	Series 2024-NSTB-A		3.90	%^(a)(b)		09/24/2057		3,579,670
		Morgan Stanley Bank of America Merrill Lynch Trust
	9,169,042	Series 2012-CKSV-CK		4.30	%^(a)(b)		10/15/2030		5,904,863
	15,427,850	Series 2016-C28-XA-XA		1.29	%^(b)(g)		01/15/2049		39,120
	22,959,279	Series 2025-5C1-XA		1.38	%^(b)(g)		03/15/2058		1,072,129
		Morgan Stanley Capital I, Inc.
	711,000	Series 2019-NUGS-F (1 mo. Term SOFR + 2.96%, 4.34% Floor)		7.27	%^(a)		12/15/2036		10,818
	13,327,000	Series 2019-PLND-E (1 mo. Term SOFR + 2.26%, 2.15% Floor)		6.58	%^(a)		05/15/2036		1,329,368
	1,331,000	Series 2019-PLND-F (1 mo. Term SOFR + 2.91%, 2.80% Floor)		7.23	%^(a)		05/15/2036		118,792
		MTN Commercial Mortgage Trust
	1,200,000	Series 2022-LPFL-A (1 mo. Term SOFR + 1.40%, 1.40% Floor)		5.72	%^(a)		03/15/2039		1,199,947
		Natixis Commercial Mortgage Securities Trust
	9,940,000	Series 2018-FL1-C (Prime Rate + 0.00%, 0.00% Floor)		7.50	%^(a)		06/15/2035		5,297,574
		NYC Commercial Mortgage Trust
	4,990,000	Series 2025-3BP-A (1 mo. Term SOFR + 1.21%, 1.21% Floor)		5.52	%^(a)		02/15/2042		4,952,768
		Ready Capital Corp.
	4,157,706	Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		11/25/2036		4,170,000
		ROCK Trust
	3,730,000	Series 2024-CNTR-A		5.39	%^(a)		11/13/2041		3,819,574
		SFO Commercial Mortgage Trust
	2,540,000	Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		05/15/2038		2,530,242
		SLG Office Trust
	168,062,650	Series 2021-OVA-X		0.26	%^(a)(b)(g)		07/15/2041		2,069,507
		SREIT Trust
	2,240,000	Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor)		5.25	%^(a)		11/15/2036		2,239,331
		Starwood Property Trust, Inc.
	2,945,167	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		04/18/2038		2,933,133
		STWD Trust
	812,000	Series 2021-FLWR-B (1 mo. Term SOFR + 1.04%, 0.93% Floor)		5.35	%^(a)		07/15/2036		811,222
		TPG Real Estate Finance Issuer Ltd.
	10,277,844	Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor)		5.96	%^(a)		02/15/2039		10,313,755
	5,000,000	Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.46	%^(a)		02/15/2039		4,994,200
	5,110,000	Series 2025-FL6-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.85	%^(a)		09/18/2042		5,115,912

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		TTAN
	223,792	Series 2021-MHC-B (1 mo. Term SOFR + 1.21%, 1.10% Floor)		5.53	%^(a)		03/15/2038		223,981
		UBS Commercial Mortgage Trust
	62,777,494	Series 2018-C13-XA		0.94	%^(b)(g)		10/15/2051		1,245,430
		VEGAS Trust
	3,698,000	Series 2024-TI-A		5.52	%^(a)		11/10/2039		3,749,904
		Wells Fargo Commercial Mortgage Trust
	1,605,303	Series 2025-C64-A1		5.02	%		02/15/2058		1,619,816
	48,504,942	Series 2025-C64-XA		1.24	%^(b)(g)		02/15/2058		3,649,948
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $538,306,419)							405,949,576
	NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 12.6%
		ACE Securities Corp.
	4,285,460	Series 2006-CW1-A2D (1 mo. Term SOFR + 0.63%, 0.52% Floor)		4.95	%		07/25/2036		3,498,583
	6,755,066	Series 2007-WM1-A2B (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.67	%		11/25/2036		2,771,982
		Adjustable Rate Mortgage Trust
	4,290,681	Series 2006-1-6A1 (1 mo. Term SOFR + 0.37%, 0.26% Floor)		4.69	%		03/25/2036		2,526,253
		AJAX Mortgage Loan Trust
	2,709,283	Series 2021-C-A		5.12	%^(a)(c)		01/25/2061		2,703,834
		American Home Mortgage Investment Trust
	1,887,462	Series 2004-2-M1 (1 mo. Term SOFR + 1.01%, 0.90% Floor, 11.00% Cap)		5.33	%		02/25/2044		1,772,776
		Angel Oak Mortgage Trust LLC
	1,713,370	Series 2020-2-A1A		2.53	%^(a)(b)		01/26/2065		1,625,237
	334,182	Series 2020-6-A3		1.78	%^(a)(b)		05/25/2065		306,941
	6,242,326	Series 2021-7-A1		1.98	%^(a)(b)		10/25/2066		5,390,125
		Arroyo Mortgage Trust
	657,134	Series 2019-1-A1		3.81	%^(a)(b)		01/25/2049		641,858
	367,254	Series 2019-2-A2		3.50	%^(a)(b)		04/25/2049		355,665
	2,835,956	Series 2019-3-A3		3.42	%^(a)(b)		10/25/2048		2,710,409
		Banc of America Funding Corp.
	854,839	Series 2006-7-T2A1-T2A1		5.88	%^(b)		10/25/2036		779,909
	8,720,197	Series 2015-R2-4A2 (1 mo. Term SOFR + 0.28%, 0.17% Floor)		3.57	%^(a)		09/29/2036		7,315,080
	1,696,836	Series 2015-R2-9A2		3.16	%^(a)(h)		03/27/2036		1,573,829
		Banc of America Mortgage Securities, Inc.
	835,187	Series 2005-I-2A5		4.86	%^(b)		10/25/2035		789,564
	1,902,471	Series 2007-3-1A1		6.00	%		09/25/2037		1,563,991
		BCAP LLC Trust
	6,611,966	Series 2009-RR4-7A2		6.00	%^(a)(b)		03/26/2037		2,222,697
	1,182,895	Series 2012-RR1-3A4		5.50	%^(a)(b)		10/26/2035		765,516
		BRAVO Residential Funding Trust
	1,250,639	Series 2021-NQM2-A3		1.44	%^(a)(b)		03/25/2060		1,213,668
	7,262,037	Series 2022-RPL1-A1		2.75	%^(a)(b)		09/25/2061		6,662,658
	3,000,000	Series 2025-NQM6-A2		5.49	%^(a)(c)		06/25/2065		3,023,559
		Citigroup Mortgage Loan Trust, Inc.
	1,079,504	Series 2020-EXP1-A1A		1.80	%^(a)(b)		05/25/2060		1,010,494
		Citimortgage Alternative Loan Trust
	506,652	Series 2007-A5-1A10		5.75	%		05/25/2037		471,062
		COLT Funding LLC
	54,888	Series 2020-3-A3		2.38	%^(a)(b)		04/27/2065		53,745
	2,259,678	Series 2021-1R-A1		0.86	%^(a)(b)		05/25/2065		2,039,345
	3,776,059	Series 2021-5-A1		1.73	%^(a)(b)		11/26/2066		3,410,478
	4,922,704	Series 2022-2-A1		2.99	%^(a)(c)		02/25/2067		4,683,519
		Countrywide Alternative Loan Trust
	251,740	Series 2005-23CB-A15		5.50	%		07/25/2035		205,599
	868,878	Series 2005-28CB-1A6-1A6		5.50	%		08/25/2035		746,710
	3,598,325	Series 2005-49CB-A6		5.50	%		11/25/2035		2,290,874

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,327,666	Series 2005-61-1A2 (1 mo. Term SOFR + 0.85%, 0.74% Floor)		5.17	%		12/25/2035		1,210,240
	6,575,723	Series 2005-62-1A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor)		5.03	%		12/25/2035		5,041,320
	7,132,425	Series 2006-16CB-A5		6.00	%		06/25/2036		3,731,641
	1,395,075	Series 2006-32CB-A21		5.50	%		11/25/2036		739,899
	2,255,846	Series 2006-34-A6		6.25	%		11/25/2046		1,002,715
	5,648,801	Series 2006-36T2-1A3		5.75	%		12/25/2036		2,142,443
	1,307,544	Series 2006-J4-2A9		6.00	%		07/25/2036		748,553
	1,444,847	Series 2006-J6-A5		6.00	%		09/25/2036		663,364
	1,405,190	Series 2006-OA12-A1B (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%		09/20/2046		1,442,322
	3,252,568	Series 2006-OA21-A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%		03/20/2047		2,796,514
	10,760,880	Series 2007-12T1-A11		6.00	%		06/25/2037		4,787,028
	9,654,280	Series 2007-12T1-A5		6.00	%		06/25/2037		4,294,752
	274,326	Series 2007-15CB-A7		6.00	%		07/25/2037		162,615
	4,009,678	Series 2007-8CB-A1		5.50	%		05/25/2037		2,008,485
	10,563,411	Series 2007-9T1-1A6		6.00	%		05/25/2037		4,848,954
		Countrywide Home Loan Mortgage Pass Through Trust
	636,012	Series 2005-10-A2		5.50	%		05/25/2035		528,557
	9,149,620	Series 2006-20-1A18 (1 mo. Term SOFR + 0.76%, 0.65% Floor, 6.00% Cap)		5.08	%		02/25/2037		3,311,747
	1,550,938	Series 2006-21-A10		5.75	%		02/25/2037		647,939
	524,757	Series 2007-14-A15		6.50	%		09/25/2037		283,910
		Credit Suisse First Boston Mortgage Securities Corp.
	2,452	Series 2004-8-6A1		4.50	%		11/25/2034		1,711
	433,761	Series 2005-9-5A9		5.50	%		10/25/2035		218,203
		Credit Suisse Management LLC
	959,699	Series 2005-11-2A1		6.00	%		12/25/2035		642,192
	47,102	Series 2005-11-8A5		6.00	%		12/25/2035		35,298
		Credit Suisse Mortgage Capital Certificates
	8,452,372	Series 2009-8R-8A2		6.00	%^(a)(b)		03/26/2037		2,841,373
	227,984	Series 2011-12R-3A5		6.20	%^(a)(b)		07/27/2036		226,507
	15,384,213	Series 2022-NQM1-A1		2.27	%^(a)(b)		11/25/2066		14,019,547
		Cross Mortgage Trust
	10,130,602	Series 2024-H5-A1		5.85	%^(a)(c)		08/26/2069		10,192,931
		DB US Financial Markets Holding Corp.
	281,947	Series 2014-RS1-1A2		6.50	%^(a)(b)		07/27/2037		237,979
		Deutsche ALT-A Securities, Inc.
	323,721	Series 2006-AB4-A1A		6.01	%^(b)		10/25/2036		283,028
	6,317,561	Series 2006-AR4-A1 (1 mo. Term SOFR + 0.37%, 0.26% Floor)		4.69	%		12/25/2036		2,178,310
	4,192,094	Series 2006-AR4-A2 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 10.50% Cap)		4.81	%		12/25/2036		1,334,447
	177,878	Series 2007-OA2-A1 (12 Month US Treasury Average + 0.77%, 0.77% Floor)		5.17	%		04/25/2047		160,009
		Fannie Mae Connecticut Avenue Securities
	3,216,081	Series 2024-R01-1M1 (30 day avg SOFR US + 1.05%, 0.00% Floor)		5.36	%^(a)		01/25/2044		3,215,544
		Freddie Mac Structured Agency Credit Risk Debt Notes
	6,531,961	Series 2024-DNA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)		5.51	%^(a)		05/25/2044		6,545,811
	7,339,064	Series 2024-HQA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)		5.51	%^(a)		08/25/2044		7,344,298
	3,272,217	Series 2025-DNA1-M1 (30 day avg SOFR US + 1.05%, 0.00% Floor)		5.36	%^(a)		01/25/2045		3,275,743
	19,987,500	Series 2025-HQA1-A1 (30 day avg SOFR US + 0.95%, 0.00% Floor)		5.26	%^(a)		02/25/2045		19,967,349
		GCAT
	2,188,822	Series 2020-NQM2-A1		2.56	%^(a)(c)		04/25/2065		2,097,377
	5,849,512	Series 2021-NQM4-A3		1.56	%^(a)(b)		08/25/2066		4,973,553
	23,342,893	Series 2025-NQM1-A1		5.37	%^(a)(c)		11/25/2069		23,394,023
		GSAA Trust
	4,961,123	Series 2006-19-A3A (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.91	%		12/25/2036		1,702,562

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		GSR Mortgage Loan Trust
	319,051	Series 2006-2F-3A4		6.00	%		02/25/2036		138,523
		Harborview Mortgage Loan Trust
	1,895,413	Series 2006-1-2A1A (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.91	%		03/19/2036		1,733,793
		Impac Secured Assets CMN Owner Trust
	624,504	Series 2006-5-1A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor, 11.50% Cap)		4.97	%		02/25/2037		575,343
		Indymac Index Mortgage Loan Trust
	559,582	Series 2006-AR5-2A1		3.68	%^(b)		05/25/2036		544,660
		JP Morgan Alternative Loan Trust
	32,244,108	Series 2005-S1-1A4		6.00	%		12/25/2035		9,951,289
	2,716,537	Series 2007-S1-A2 (1 mo. Term SOFR + 0.79%, 0.68% Floor, 11.50% Cap)		5.11	%		04/25/2047		2,617,958
		JP Morgan Mortgage Acquisition Corp.
	10,527,412	Series 2006-WMC2-A5 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		07/25/2036		4,898,816
		JP Morgan Mortgage Trust
	4,303,511	Series 2025-NQM1-A2		5.76	%^(a)		06/25/2065		4,320,067
	4,494,779	Series 2025-NQM1-A3		5.97	%^(a)(c)		06/25/2065		4,519,425
	5,896,733	Series 2025-NQM2-A1		5.57	%^(a)(b)		09/25/2065		5,922,341
		JP Morgan Reremic
	5,562,980	Series 2014-4-1C		0.00	%^(a)(b)		01/26/2036		1,548,541
		Legacy Mortgage Asset Trust
	2,360,577	Series 2021-GS1-A1		5.89	%^(a)(c)		10/25/2066		2,362,171
		Lehman Mortgage Trust
	180,963	Series 2006-1-1A3		5.50	%		02/25/2036		83,803
		Lehman XS Trust
	8,430,068	Series 2007-15N-3A1 (1 mo. Term SOFR + 0.36%, 0.25% Floor)		4.68	%		08/25/2047		7,024,629
		Long Beach Mortgage Loan Trust
	15,410,419	Series 2006-11-2A2 (1 mo. Term SOFR + 0.31%, 0.20% Floor)		4.63	%		12/25/2036		5,293,427
	9,291,086	Series 2006-2-2A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.81	%		03/25/2046		3,285,636
		Mastr Adjustable Rate Mortgages Trust
	67,831	Series 2006-2-2A1		7.35	%^(b)		04/25/2036		31,955
	1,087,669	Series 2006-OA2-4A1A (12 Month US Treasury Average + 0.85%, 0.85% Floor)		5.25	%		12/25/2046		1,026,800
		Merrill Lynch Alternative Note Asset
	330,598	Series 2007-F1-2A6		6.00	%		03/25/2037		109,187
		Merrill Lynch Mortgage Investors, Inc.
	1,162,946	Series 2006-AF1-AF2C		6.25	%		08/25/2036		445,674
	34,035,195	Series 2006-RM2-A1A (1 mo. Term SOFR + 0.48%, 0.37% Floor)		4.80	%		05/25/2037		9,585,325
	4,223,658	Series 2007-HE2-A2A (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.67	%		02/25/2037		1,193,058
	6,531,027	Series 2007-HE2-A2B (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.85	%		02/25/2037		1,844,751
		MFRA Trust
	3,718,888	Series 2021-NQM2-A3		1.47	%^(a)(b)		11/25/2064		3,298,255
		Morgan Stanley Mortgage Loan Trust
	215,343	Series 2006-2-7A1		5.44	%^(b)		02/25/2036		120,279
		Nomura Resecuritization Trust
	3,104,027	Series 2015-8R-4A4		7.04	%^(a)(b)		11/25/2047		2,668,031
		Onslow Bay Mortgage Loan Trust
	357,300	Series 2020-EXP2-A3		2.50	%^(a)(b)		05/25/2060		303,286
	2,662,811	Series 2021-NQM2-A3		1.56	%^(a)(b)		05/25/2061		2,246,962
	5,377,300	Series 2022-NQM1-A1		2.31	%^(a)(b)		11/25/2061		4,820,929
	7,724,296	Series 2024-NQM10-A1		6.18	%^(a)(c)		05/25/2064		7,795,929
	7,154,305	Series 2024-NQM13-A1		5.12	%^(a)		06/25/2064		7,131,748
	13,446,640	Series 2024-NQM16-A1		5.53	%^(a)(c)		10/25/2064		13,473,382
	7,886,518	Series 2024-NQM18-A1		5.41	%^(a)(b)		10/25/2064		7,899,143
	4,351,593	Series 2025-NQM7-A1		5.56	%^(a)(c)		05/25/2055		4,382,843
		Pretium Mortgage Credit Partners LLC
	3,624,471	Series 2021-RN2-A1		4.74	%^(a)(c)		07/25/2051		3,606,770
		PRPM LLC
	26,694,065	Series 2025-NQM2-A1		5.69	%^(a)(c)		04/25/2070		26,861,351

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		RALI Trust
	427,438	Series 2006-QS12-2A3		6.00	%		09/25/2036		346,751
	1,033,954	Series 2007-QS4-3A4		6.00	%		03/25/2037		886,101
	1,287,526	Series 2007-QS4-3A9		6.00	%		03/25/2037		1,103,384
	953,200	Series 2007-QS8-A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.03	%		06/25/2037		705,073
	600,150	Series 2007-QS9-A33		6.50	%		07/25/2037		495,798
		RASC Trust
	3,746,635	Series 2004-KS7-A2A (1 mo. Term SOFR + 0.69%, 0.58% Floor)		5.01	%		08/25/2034		3,659,981
		RBSSP Resecuritization Trust
	457,689	Series 2009-2-3A2 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.94	%^(a)		04/26/2035		426,499
		Residential Asset Securitization Trust
	690,301	Series 2006-A2-A11		6.00	%		01/25/2046		249,411
	2,103,573	Series 2006-A6-1A4		6.00	%		07/25/2036		518,013
		Residential Mortgage Loan Trust
	3,034,445	Series 2019-2-M1		3.86	%^(a)(b)		05/25/2059		3,011,987
		RFMSI Trust
	3,326,951	Series 2007-S1-A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.03	%		01/25/2037		2,490,127
		Securitized Asset Backed Receivables LLC
	5,582,100	Series 2006-WM3-A1 (1 mo. Term SOFR + 0.21%, 0.10% Floor)		4.53	%		10/25/2036		1,854,410
		Soundview Home Equity Loan Trust
	468,541	Series 2007-OPT3-2A3 (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.61	%		08/25/2037		461,574
		Starwood Mortgage Residential Trust
	8,000,000	Series 2020-2-M1E		3.00	%^(a)		04/25/2060		7,826,838
		Structured Adjustable Rate Mortgage Loan Trust
	911,632	Series 2005-22-4A1		5.50	%^(b)		12/25/2035		847,792
		Velocity Commercial Capital Loan Trust
	2,206,758	Series 2020-1-M2		2.98	%^(a)(b)		02/25/2050		1,663,585
	2,124,803	Series 2021-1-M2		2.26	%^(a)(b)		05/25/2051		1,691,888
	1,751,335	Series 2021-2-M2		2.20	%^(a)(b)		08/25/2051		1,416,028
	9,676,095	Series 2024-5-A		5.49	%^(a)(b)		10/25/2054		9,666,095
		Vericrest Opportunity Loan Transferee
	953,762	Series 2021-NP10-A1		5.99	%^(a)(c)		05/25/2051		952,896
	2,378,774	Series 2021-NP11-A1		4.87	%^(a)(c)		08/25/2051		2,376,902
	263,090	Series 2021-NPL5-A1		6.12	%^(a)(c)		03/27/2051		263,207
	417,829	Series 2021-NPL6-A1		6.24	%^(a)(c)		04/25/2051		417,730
	2,295,697	Series 2021-NPL8-A1		6.12	%^(a)(c)		04/25/2051		2,296,153
		Verus Securitization Trust
	106,595	Series 2020-4-A3		3.32	%^(a)(c)		05/25/2065		104,927
	12,695,651	Series 2021-7-A1		1.83	%^(a)(c)		10/25/2066		11,429,476
	950,921	Series 2021-R1-A3		1.26	%^(a)(b)		10/25/2063		921,172
	5,430,084	Series 2024-3-A1		6.34	%^(a)(c)		04/25/2069		5,493,547
	7,000,000	Series 2025-5-A1		5.43	%^(a)(c)		06/25/2070		7,075,999
		WAMU Asset-Backed Certificates
	1,526,135	Series 2007-HE4-2A3 (1 mo. Term SOFR + 0.28%, 0.28% Floor)		4.60	%		07/25/2047		885,182
		WaMu Mortgage Pass Through Certificates
	1,793,711	Series 2005-AR4-A5		4.38	%^(b)		04/25/2035		1,743,491
	9,008,493	Series 2006-AR18-1A1		3.77	%^(b)		01/25/2037		7,845,262
		Washington Mutual Alternative Mortgage Pass-Through Certificates
	825,248	Series 2005-8-2CB3 (1 mo. Term SOFR + 0.52%, 0.41% Floor, 5.50% Cap)		4.84	%		10/25/2035		781,366
		Washington Mutual Asset-Backed Certificates
	5,912,041	Series 2006-HE5-2A2 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.13	%		10/25/2036		2,050,368
	2,171,184	Series 2006-HE5-2A3 (1 mo. Term SOFR + 0.57%, 0.46% Floor)		4.13	%		10/25/2036		754,168
		Wells Fargo Alternative Loan Trust
	418,507	Series 2007-PA5-1A1		6.25	%		11/25/2037		376,598
		Wells Fargo Mortgage Backed Securities Trust
	1,041,295	Series 2007-15-A1		6.00	%		11/25/2037		1,015,938
	4,562,389	Series 2007-AR6-A2		7.00	%^(b)		10/25/2037		4,497,901
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $544,089,985)							454,676,451

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	US CORPORATE BONDS - 10.5%
	1,901,000	AbbVie, Inc.		4.88	%		03/15/2030		1,947,188
	306,000	Agilent Technologies, Inc.		4.20	%		09/09/2027		305,949
	2,239,000	Aircastle Ltd. / Aircastle Ireland DAC		5.25	%^(a)		03/15/2030		2,258,821
	854,000	Altria Group, Inc.		6.20	%		11/01/2028		901,800
	5,110,000	American Electric Power Co., Inc.		5.20	%		01/15/2029		5,242,388
	3,828,000	American Express Co. (SOFR + 1.26%)		4.73	%		04/25/2029		3,872,280
	1,659,000	American Homes 4 Rent LP		4.25	%		02/15/2028		1,649,589
	1,271,000	American International Group, Inc.		4.85	%		05/07/2030		1,291,859
	1,317,000	American National Group, Inc.		5.75	%		10/01/2029		1,349,305
	8,312,000	American Tower Corp.		4.90	%		03/15/2030		8,433,206
	2,691,000	Amrize Finance US LLC		4.70	%^(a)		04/07/2028		2,716,172
	2,960,000	APA Corp.		4.25	%^(a)		01/15/2030		2,834,964
	2,996,000	AppLovin Corp.		5.13	%		12/01/2029		3,035,867
	3,404,000	Arrow Electronics, Inc.		5.15	%		08/21/2029		3,457,742
	4,263,000	Athene Global Funding (SOFR + 0.85%)		5.24	%^(a)		05/08/2026		4,276,500
	3,914,000	Athene Global Funding		4.72	%^(a)		10/08/2029		3,907,265
	2,523,000	Atlassian Corp.		5.25	%		05/15/2029		2,591,397
	565,000	Avery Dennison Corp.		4.88	%		12/06/2028		573,920
	665,000	Aviation Capital Group LLC		6.25	%^(a)		04/15/2028		693,125
	482,000	Bank of America Corp. (SOFR + 1.75%)		4.83	%		07/22/2026		482,005
	1,837,000	Bank of America Corp. (3 mo. Term SOFR + 1.32%)		3.56	%		04/23/2027		1,824,059
	5,141,000	Bank of America Corp. (SOFR + 0.83%)		4.98	%		01/24/2029		5,215,620
	2,343,000	Biogen, Inc.		5.05	%		01/15/2031		2,386,226
	1,554,000	Boardwalk Pipelines LP		4.45	%		07/15/2027		1,554,001
	1,444,000	Broadcom, Inc.		3.15	%		11/15/2025		1,436,538
	1,402,000	Broadcom, Inc.		5.05	%		07/12/2029		1,436,210
	1,441,000	Broadcom, Inc.		4.35	%		02/15/2030		1,436,048
	744,000	Brown & Brown, Inc.		4.70	%		06/23/2028		750,501
	867,000	Brown & Brown, Inc.		4.50	%		03/15/2029		867,126
	2,634,000	Bunge Ltd. Finance Corp.		4.20	%		09/17/2029		2,605,400
	8,077,000	Capital One Financial Corp. (SOFR + 2.16%)		4.99	%		07/24/2026		8,076,757
	2,503,000	Cardinal Health, Inc.		5.13	%		02/15/2029		2,567,614
	1,583,000	CenterPoint Energy, Inc.		5.40	%		06/01/2029		1,637,023
	1,457,000	Charles Schwab Corp. (SOFR + 1.05%)		5.48	%		03/03/2027		1,468,770
	2,387,000	Cheniere Energy Partners LP		4.50	%		10/01/2029		2,362,276
	3,276,000	Cheniere Energy, Inc.		4.63	%		10/15/2028		3,272,416
	4,816,000	Citibank NA		4.58	%		05/29/2027		4,844,218
	2,749,000	Citigroup, Inc. (SOFR + 0.87%)		4.79	%		03/04/2029		2,769,098
	5,874,000	Citigroup, Inc. (SOFR + 1.34%)		4.54	%		09/19/2030		5,848,595
	850,000	CNA Financial Corp.		3.90	%		05/01/2029		834,333
	3,589,000	Corebridge Global Funding		5.75	%^(a)		07/02/2026		3,635,397
	344,000	Coterra Energy, Inc.		3.90	%		05/15/2027		339,822
	222,000	Coterra Energy, Inc.		4.38	%		03/15/2029		219,937
	3,044,000	CRH SMW Finance DAC		5.13	%		01/09/2030		3,122,413
	1,690,000	CubeSmart LP		4.38	%		02/15/2029		1,680,826
	1,502,000	Darden Restaurants, Inc.		4.35	%		10/15/2027		1,505,387
	751,000	DCP Midstream Operating LP		5.13	%		05/15/2029		763,212
	5,322,000	Dell International LLC / EMC Corp.		4.35	%		02/01/2030		5,276,558
	4,812,000	Delta Air Lines, Inc.		4.95	%		07/10/2028		4,842,614

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	814,000	Devon Energy Corp.		5.25	%		10/15/2027		815,849
	2,770,000	Dominion Energy, Inc.		5.00	%		06/15/2030		2,828,049
	2,968,000	DTE Energy Co.		5.20	%		04/01/2030		3,038,618
	3,146,000	Edwards Lifesciences Corp.		4.30	%		06/15/2028		3,142,066
	3,255,000	Energy Transfer LP		6.05	%		12/01/2026		3,324,567
	2,464,000	Energy Transfer LP		6.10	%		12/01/2028		2,589,319
	348,000	EQT Corp.		3.90	%		10/01/2027		343,491
	585,000	EQT Corp.		7.00	%		02/01/2030		634,461
	3,124,000	Equifax, Inc.		4.80	%		09/15/2029		3,151,451
	3,454,000	Equinix, Inc.		1.25	%		07/15/2025		3,449,571
	1,163,000	Essential Utilities, Inc.		4.80	%		08/15/2027		1,175,660
	139,000	Essential Utilities, Inc.		3.57	%		05/01/2029		135,022
	4,715,000	Evergy Kansas Central, Inc.		4.70	%		03/13/2028		4,770,951
	1,659,000	Exelon Corp.		5.15	%		03/15/2029		1,702,771
	4,925,000	Extra Space Storage LP		5.50	%		07/01/2030		5,110,619
	995,000	FirstEnergy Transmission LLC		4.55	%		01/15/2030		995,976
	3,993,000	Fiserv, Inc.		4.75	%		03/15/2030		4,021,572
	1,862,000	Foundry JV Holdco LLC		5.90	%^(a)		01/25/2030		1,946,899
	2,579,000	GATX Corp.		4.70	%		04/01/2029		2,602,052
	164,000	GATX Corp.		4.00	%		06/30/2030		159,646
	3,179,000	GE HealthCare Technologies, Inc.		4.80	%		08/14/2029		3,226,516
	2,880,000	Genuine Parts Co.		4.95	%		08/15/2029		2,925,401
	1,275,000	Global Payments, Inc.		5.30	%		08/15/2029		1,298,535
	2,374,000	Goldman Sachs Bank USA/New York NY (SOFR + 0.77%)		5.23	%		03/18/2027		2,380,337
	3,395,000	Hewlett Packard Enterprise Co.		4.55	%		10/15/2029		3,378,806
	200,000	HSBC USA, Inc. (SOFR + 0.96%)		5.39	%		03/04/2027		201,141
	928,000	Huntington Bancshares, Inc./OH (SOFR + 1.28%)		5.27	%		01/15/2031		951,110
	3,059,000	Hyundai Capital America		4.55	%^(a)		09/26/2029		3,032,485
	1,913,000	Icon Investments Six DAC		5.81	%		05/08/2027		1,953,718
	2,104,000	Illumina, Inc.		4.65	%		09/09/2026		2,107,053
	6,571,000	Jackson National Life Global Funding		4.60	%^(a)		10/01/2029		6,563,521
	2,851,000	JPMorgan Chase & Co. (SOFR + 0.92%)		5.28	%		04/22/2028		2,859,752
	5,156,000	JPMorgan Chase & Co. (SOFR + 0.80%)		4.92	%		01/24/2029		5,226,499
	2,525,000	Kinder Morgan, Inc.		5.00	%		02/01/2029		2,565,174
	2,105,000	Kyndryl Holdings, Inc.		2.05	%		10/15/2026		2,040,557
	3,378,000	Laboratory Corp. of America Holdings		4.35	%		04/01/2030		3,356,306
	1,632,000	LPL Holdings, Inc.		4.63	%^(a)		11/15/2027		1,629,338
	1,346,000	M&T Bank Corp. (SOFR + 0.93%)		4.83	%		01/16/2029		1,357,363
	250,000	Manufacturers & Traders Trust Co.		4.65	%		01/27/2026		250,024
	3,129,000	Marriott International, Inc./MD		4.80	%		03/15/2030		3,160,029
	5,536,000	Mars, Inc.		4.80	%^(a)		03/01/2030		5,611,090
	2,446,000	Marvell Technology, Inc.		5.75	%		02/15/2029		2,547,433
	1,904,000	Marvell Technology, Inc.		4.75	%		07/15/2030		1,912,999
	4,869,000	MasTec, Inc.		4.50	%^(a)		08/15/2028		4,805,526
	3,532,000	Merck Sharp & Dohme Corp.		5.95	%		12/01/2028		3,747,088
	2,557,000	Meritage Homes Corp.		5.13	%		06/06/2027		2,588,027
	333,000	Meritage Homes Corp.		3.88	%^(a)		04/15/2029		321,108
	373,000	Microchip Technology, Inc.		4.25	%		09/01/2025		372,584
	555,000	Microchip Technology, Inc.		5.05	%		03/15/2029		564,001
	6,314,400	Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.		6.50	%^(a)		06/20/2027		6,326,631
	3,551,000	Molex Electronic Technologies LLC		4.75	%^(a)		04/30/2028		3,573,941
	2,533,000	MPLX LP		4.80	%		02/15/2029		2,558,266
	2,335,000	National Fuel Gas Co.		5.50	%		03/15/2030		2,401,099
	1,795,000	National Rural Utilities Cooperative Finance Corp.		4.75	%		02/07/2028		1,818,853
	3,116,000	National Securities Clearing Corp.		4.70	%^(a)		05/20/2030		3,169,321
	339,000	New York Life Global Funding (SOFR + 0.48%)		4.92	%^(a)		06/09/2026		339,581

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	418,000	New York Life Global Funding		4.70	%^(a)		01/29/2029		423,672
	4,684,000	NextEra Energy Capital Holdings, Inc.		5.05	%		03/15/2030		4,795,061
	3,211,000	NGPL PipeCo LLC		4.88	%^(a)		08/15/2027		3,195,635
	3,167,000	Niagara Mohawk Power Corp.		4.65	%^(a)		10/03/2030		3,167,000
	1,370,000	NiSource, Inc.		5.25	%		03/30/2028		1,402,906
	1,093,000	NiSource, Inc.		5.20	%		07/01/2029		1,122,553
	2,606,000	Northrop Grumman Corp.		4.65	%		07/15/2030		2,629,656
	1,417,000	Omega Healthcare Investors, Inc.		4.75	%		01/15/2028		1,423,993
	2,297,000	ONEOK, Inc.		5.38	%		06/01/2029		2,346,934
	2,614,000	ONEOK, Inc.		4.40	%		10/15/2029		2,595,049
	3,118,000	Oracle Corp.		5.80	%		11/10/2025		3,130,801
	1,545,000	O'Reilly Automotive, Inc.		5.75	%		11/20/2026		1,572,881
	314,000	Pacific Life Global Funding II (SOFR + 0.62%)		5.05	%^(a)		06/04/2026		315,105
	1,381,000	Paychex, Inc.		5.10	%		04/15/2030		1,415,031
	1,657,000	PayPal Holdings, Inc.		4.45	%		03/06/2028		1,670,795
	4,979,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.		5.25	%^(a)		02/01/2030		5,097,859
	649,000	Pinnacle West Capital Corp.		4.90	%		05/15/2028		658,279
	2,383,000	Public Service Enterprise Group, Inc.		5.85	%		11/15/2027		2,467,247
	2,699,000	Public Service Enterprise Group, Inc.		5.88	%		10/15/2028		2,825,959
	3,172,000	Quanta Services, Inc.		4.75	%		08/09/2027		3,199,855
	3,328,000	Quest Diagnostics, Inc.		4.20	%		06/30/2029		3,314,844
	2,551,000	Rentokil Terminix Funding LLC		5.00	%^(a)		04/28/2030		2,569,924
	4,713,000	Republic Services, Inc.		4.75	%		07/15/2030		4,803,536
	184,000	Ryder System, Inc.		5.25	%		06/01/2028		188,866
	731,000	Ryder System, Inc.		4.95	%		09/01/2029		744,211
	3,032,000	Santander Holdings USA, Inc. (SOFR + 1.61%)		5.47	%		03/20/2029		3,083,492
	1,302,000	Sherwin-Williams Co.		4.55	%		03/01/2028		1,313,694
	3,135,000	Solventum Corp.		5.45	%		02/25/2027		3,187,447
	1,635,000	Sonoco Products Co.		4.45	%		09/01/2026		1,633,774
	1,531,000	Southern Co.		5.15	%		10/06/2025		1,532,757
	1,285,000	Sun Communities Operating LP		2.30	%		11/01/2028		1,203,036
	2,568,000	Sysco Corp.		5.10	%		09/23/2030		2,632,261
	1,520,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.		6.50	%		07/15/2027		1,521,022
	4,065,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.		6.88	%		01/15/2029		4,146,664
	4,135,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.		5.50	%		03/01/2030		4,197,466
	1,325,000	The Campbell's Co.		5.20	%		03/19/2027		1,344,203
	4,259,000	Truist Financial Corp. (SOFR + 2.45%)		7.16	%		10/30/2029		4,607,727
	1,236,000	Uber Technologies, Inc.		6.25	%^(a)		01/15/2028		1,242,673
	1,640,000	Veralto Corp.		5.50	%		09/18/2026		1,659,979
	1,414,000	Veralto Corp.		5.35	%		09/18/2028		1,458,105
	3,287,000	VICI Properties LP / VICI Note Co., Inc.		4.25	%^(a)		12/01/2026		3,268,106
	5,101,000	Wells Fargo & Co. (SOFR + 1.07%)		5.43	%		04/22/2028		5,137,092
	2,422,000	Wells Fargo & Co. (SOFR + 1.79%)		6.30	%		10/23/2029		2,560,202
	391,000	Western Midstream Operating LP		6.35	%		01/15/2029		409,489
	2,989,000	Western Midstream Operating LP		4.05	%		02/01/2030		2,875,738
	3,129,000	Williams Cos., Inc.		4.80	%		11/15/2029		3,166,110
	2,022,000	Zimmer Biomet Holdings, Inc.		4.70	%		02/19/2027		2,033,773
	2,981,000	Zimmer Biomet Holdings, Inc.		5.05	%		02/19/2030		3,056,168
		Total US Corporate Bonds (Cost $375,227,822)							379,808,790

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 4.6%
		Federal Home Loan Mortgage Corp.
	4,207,001	Pool SD5219		6.00	%		04/01/2054		4,313,707
	2,927,614	Pool SD6815		6.00	%		04/01/2054		2,983,787
	5,206,462	Pool SL0223		5.50	%		02/01/2055		5,245,105
	4,814,520	Pool SL0536		5.50	%		02/01/2055		4,840,571
	1,902,215	Series 3072-FB (30 day avg SOFR US + 0.66%, 0.55% Floor, 7.00% Cap)		4.97	%		11/15/2035		1,894,627
	194,885	Series 3417-SM (-1 x 30 day avg SOFR US + 6.17%, 0.00% Floor, 6.28% Cap)		1.86	%^(g)(i)		02/15/2038		19,689
	3,415,509	Series 4631-FA (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		11/15/2046		3,348,198
	1,615,225	Series 4917-FE (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)		4.87	%		10/25/2049		1,575,449
	5,439,351	Series 4990-FN (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)		4.77	%		05/25/2050		5,223,437
	4,556,635	Series 5473-DF (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap)		5.46	%		11/25/2054		4,533,559
	4,302,670	Series 5475-FG (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap)		5.46	%		11/25/2054		4,288,528
	4,092,923	Series 5480-FD (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)		5.66	%		03/25/2054		4,103,901
	4,760,984	Series 5524-AF (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		04/25/2055		4,729,687
	4,741,215	Series 5525-FA (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		04/25/2055		4,733,399
	5,618,955	Series 5536-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		05/25/2054		5,610,549
		Federal National Mortgage Association
	719,689	Pool AL2987 (1 yr. RFUCCT + 1.62%, 1.62% Floor, 7.31% Cap)		7.01	%		11/01/2042		744,762
	473,000	Pool BM3520 (1 yr. RFUCCT + 1.56%, 1.56% Floor, 6.96% Cap)		6.61	%		05/01/2045		491,030
	5,187,800	Pool CB9973		5.50	%		02/01/2055		5,231,910
	4,855,099	Pool CB9999		6.00	%		02/01/2055		5,011,613
	6,385,276	Pool FA1444		5.50	%		04/01/2055		6,400,076
	4,178,109	Pool FS6084		6.00	%		10/01/2053		4,281,380
	5,103,098	Pool FS7622		5.50	%		04/01/2054		5,146,029
	117,922	Pool MA1200		3.00	%		10/01/2032		113,703
	3,726,302	Pool MA5086		5.00	%		07/01/2043		3,743,897
	3,706,912	Pool MA5112		5.00	%		08/01/2043		3,717,453
	1,760,486	Series 2014-10-KF (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)		4.87	%		03/25/2044		1,739,353
	1,482,765	Series 2016-8-FA (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)		4.87	%		03/25/2046		1,460,844
	5,275,822	Series 2019-25-SB (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.63	%^(g)(i)		06/25/2049		588,265
	2,555,480	Series 2019-49-FB (30 day avg SOFR US + 0.59%, 0.48% Floor, 6.50% Cap)		4.90	%		09/25/2049		2,476,847
	3,414,055	Series 2020-34-F (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)		4.87	%		06/25/2050		3,297,801
	18,783,486	Series 2020-M49-1A1		1.30	%^(b)		11/25/2030		17,467,943
	2,640,105	Series 2023-M4-A1		3.89	%^(b)		09/25/2032		2,616,200
	3,724,652	Series 2024-82-FH (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap)		5.46	%		11/25/2054		3,707,567
	1,895,785	Series 2024-90-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		12/25/2054		1,911,212
	3,087,628	Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		5.76	%		12/25/2054		3,107,530
	4,616,803	Series 2024-95-FC (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.71	%		12/25/2054		4,636,320
	5,001,095	Series 2025-15-FQ (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		04/25/2055		4,990,163
	4,757,264	Series 2025-26-FK (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		06/25/2054		4,749,665
	5,109,789	Series 2025-28-FM (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.56	%		04/25/2055		5,110,441
	3,947,822	Series 2025-42-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		06/25/2055		3,984,487
		FREMF Mortgage Trust
	2,433,468	Series 2016-KF18-B (30 day avg SOFR US + 5.61%, 5.50% Floor)		9.93	%^(a)		05/25/2026		2,421,819
	124,762,277	Series 2017-K67-X2B		0.10	%^(a)(g)		09/25/2049		234,004
	2,481,119	Series 2017-KF30-B (30 day avg SOFR US + 3.36%, 3.25% Floor)		7.68	%^(a)		03/25/2027		2,457,022
	878,676	Series 2019-KF69-B (30 day avg SOFR US + 2.41%, 2.30% Floor)		6.73	%^(a)		08/25/2029		844,403
		Government National Mortgage Association
	1,756,603	Series 2016-121-JF (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.50% Cap)		4.83	%		09/20/2046		1,716,598
	2,418,186	Series 2022-183-B		5.00	%		04/20/2047		2,480,332
	2,483,106	Series 2024-25-AF (30 day avg SOFR US + 0.51%, 0.51% Floor, 6.50% Cap)		4.83	%		02/20/2049		2,344,325
		Total US Government and Agency Mortgage Backed Obligations (Cost $168,675,674)							166,669,187

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	US GOVERNMENT AND AGENCY OBLIGATIONS - 25.2%
	10,339,810	United States Treasury Inflation Indexed Bonds		2.38	%		01/15/2027		10,514,168
	15,111,194	United States Treasury Inflation Indexed Bonds		0.13	%		04/15/2027		14,796,741
	7,688,803	United States Treasury Inflation Indexed Bonds		1.63	%		10/15/2027		7,785,817
	101,450,000	United States Treasury Note/Bond		0.38	%		12/31/2025		99,532,845
	80,500,000	United States Treasury Note/Bond		0.38	%		01/31/2026		78,731,764
	136,700,000	United States Treasury Note/Bond		0.75	%		03/31/2026		133,337,662
	51,800,000	United States Treasury Note/Bond		0.75	%		05/31/2026		50,278,832
	80,400,000	United States Treasury Note/Bond		0.63	%		07/31/2026		77,576,578
	93,100,000	United States Treasury Note/Bond		0.88	%		09/30/2026		89,696,031
	61,350,000	United States Treasury Note/Bond		0.63	%		03/31/2027		58,124,332
	4,900,000	United States Treasury Note/Bond		0.50	%		06/30/2027		4,598,822
	210,000,000	United States Treasury Note/Bond		0.75	%		01/31/2028		194,865,235
	100,000,000	United States Treasury Note/Bond		0.88	%		11/15/2030		85,800,781
		Total US Government and Agency Obligations (Cost $902,831,661)							905,639,608
	COMMON STOCKS - 0.0%^(j)
	9,129	Flame Aggregator - Series R^(e)(k)							182,580
	907	Flame Aggregator - Series U^(e)(k)							18,140
		Total Common Stocks (Cost $20,580)							200,720

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	SHORT TERM INVESTMENTS - 5.8%
	42,348,854	First American Government Obligations Fund - U		4.28	%^(l)				42,348,854
	42,348,854	JPMorgan US Government Money Market Fund - IM		4.28	%^(l)				42,348,854
	42,348,855	MSILF Government Portfolio - Institutional		4.24	%^(l)				42,348,855
	80,000,000	United States Treasury Bill		0.00	%		07/31/2025		79,723,534
		Total Short Term Investments (Cost $206,768,830)							206,770,097
		Total Investments - 96.5% (Cost $3,691,795,956)							3,474,798,577
		Other Assets in Excess of Liabilities - 3.5%							126,744,367
		NET ASSETS - 100.0%						$	3,601,542,944

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	25.2	%
Collateralized Loan Obligations	12.7	%
Non-Agency Residential Collateralized Mortgage Obligations	12.6	%
Non-Agency Commercial Mortgage Backed Obligations	11.3	%
US Corporate Bonds	10.5	%
Asset Backed Obligations	7.5	%
Short Term Investments	5.8	%
US Government and Agency Mortgage Backed Obligations	4.6	%
Foreign Corporate Bonds	3.8	%
Bank Loans	2.0	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.5	%
Common Stocks	0.0	%^(j)
Other Assets and Liabilities	3.5	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	25.2	%
Collateralized Loan Obligations	12.7	%
Non-Agency Residential Collateralized Mortgage Obligations	12.6	%
Non-Agency Commercial Mortgage Backed Obligations	11.3	%
Asset Backed Obligations	7.5	%
Short Term Investments	5.8	%
US Government and Agency Mortgage Backed Obligations	4.6	%
Banking	3.1	%
Energy	1.8	%
Utilities	1.6	%
Technology	1.4	%
Healthcare	0.9	%
Transportation	0.7	%
Finance	0.7	%
Insurance	0.7	%
Aerospace & Defense	0.6	%
Food Products	0.5	%
Hotels/Motels/Inns and Casinos	0.4	%
Media	0.4	%
Mining	0.3	%
Construction	0.3	%
Telecommunications	0.3	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.3	%
Real Estate	0.3	%
Commercial Services	0.3	%
Retailers (other than Food/Drug)	0.2	%
Industrial Equipment	0.2	%
Beverage and Tobacco	0.2	%
Pharmaceuticals	0.2	%
Consumer Products	0.2	%
Electronics/Electric	0.2	%
Chemicals/Plastics	0.2	%
Diversified Manufacturing	0.2	%
Environmental Control	0.1	%
Containers and Glass Products	0.1	%
Business Equipment and Services	0.1	%
Automotive	0.1	%
Building and Development (including Steel/Metals)	0.1	%
IT Services	0.1	%
Food Service	0.0	%^(j)
Conglomerates	0.0	%^(j)
Financials	0.0	%^(j)
Other Assets and Liabilities	3.5	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $1,484,287,925 or 41.2% of the Fund's net assets.
(b)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(c)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(d)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(e)	Value determined using significant unobservable inputs.
(f)	Perpetual maturity. The date disclosed is the next call date of the security.
(g)	Interest only security
(h)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(i)	Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(j)	Represents less than 0.05% of net assets.
(k)	Non-income producing security.
(l)	Seven-day yield as of period end.

CMT	Constant Maturity Treasury Rate
RFUCCT	Refinitiv USD IBOR Consumer Cash Fallbacks
SOFR	Secured Overnight Financing Rate

Swap Agreements

Excess Return Swaps

Reference Entity	Counterparty	Long/ Short	Financing Rate			Payment Frequency	Termination Date	Notional Amount		Value		Upfront Premiums Paid/ (Received)		Unrealized Appreciation (Depreciation)
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	05/06/2026	$	80,000,000	$	12,138,058	$	–	$	12,138,058
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	08/28/2025		100,000,000		9,383,974		–		9,383,974
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	08/20/2025		83,000,000		7,932,187		–		7,932,187
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.40	%	Termination	07/09/2025		80,000,000		7,463,062		–		7,463,062
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	07/31/2025		72,000,000		7,130,074		–		7,130,074
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	08/06/2025		83,000,000		6,787,100		–		6,787,100
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	07/23/2025		98,000,000		6,037,637		–		6,037,637
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.40	%	Termination	09/05/2025		71,000,000		4,991,679		–		4,991,679
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	01/15/2026		110,000,000		4,692,588		–		4,692,588
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.40	%	Termination	08/15/2025		43,000,000		4,670,607		–		4,670,607
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.40	%	Termination	07/18/2025		55,000,000		4,351,633		–		4,351,633
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	01/21/2026		100,000,000		4,261,250		–		4,261,250
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.40	%	Termination	09/26/2025		70,000,000		4,152,457		–		4,152,457
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	05/27/2026		50,000,000		4,040,725		–		4,040,725
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.40	%	Termination	10/10/2025		85,000,000		4,006,966		–		4,006,966
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	11/06/2025		80,000,000		3,998,657		–		3,998,657
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	10/03/2025		85,000,000		3,861,611		–		3,861,611
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	10/16/2025		79,000,000		3,800,392		–		3,800,392
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Morgan Stanley	Long		0.36	%	Termination	02/04/2026		70,000,000		3,716,234		–		3,716,234
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	05/20/2026		75,000,000		3,677,884		–		3,677,884
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	09/11/2025		52,000,000		3,185,763		–		3,185,763
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	10/29/2025		75,000,000		3,083,847		–		3,083,847

Reference Entity	Counterparty	Long/ Short	Financing Rate			Payment Frequency	Termination Date	Notional Amount		Value			Upfront Premiums Paid/ (Received)		Unrealized Appreciation (Depreciation)
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	04/29/2026		90,000,000		2,944,006			–		2,944,006
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	05/14/2026		60,000,000		2,701,206			–		2,701,206
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Morgan Stanley	Long		0.36	%	Termination	01/09/2026		60,000,000		2,631,680			–		2,631,680
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	12/24/2025		85,000,000		2,436,555			–		2,436,555
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	04/10/2026		50,000,000		2,292,412			–		2,292,412
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.40	%	Termination	09/19/2025		36,000,000		2,175,820			–		2,175,820
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.40	%	Termination	06/26/2026		85,000,000		2,055,830			–		2,055,830
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.40	%	Termination	10/24/2025		60,000,000		2,023,372			–		2,023,372
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	06/03/2026		92,000,000		1,897,255			–		1,897,255
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	06/12/2026		69,000,000		1,775,492			–		1,775,492
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	04/22/2026		55,000,000		1,526,046			–		1,526,046
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	02/12/2026		73,000,000		1,005,102			–		1,005,102
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	06/18/2026		55,000,000		641,387			–		641,387
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Morgan Stanley	Long		0.36	%	Termination	04/03/2026		70,000,000		601,335			–		601,335
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	07/08/2026		92,000,000		540,450			–		540,450
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Morgan Stanley	Long		0.36	%	Termination	03/04/2026		80,000,000		534,046			–		534,046
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	11/14/2025		45,000,000		216,426			–		216,426
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.39	%	Termination	02/19/2026		70,000,000		20,453			–		20,453
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	12/03/2025		93,000,000		(386,629	)		–		(386,629	)
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	03/18/2026		95,000,000		(833,425	)		–		(833,425	)
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	03/11/2026		93,000,000		(1,093,792	)		–		(1,093,792	)

Reference Entity	Counterparty	Long/ Short	Financing Rate			Payment Frequency	Termination Date	Notional Amount		Value			Upfront Premiums Paid/ (Received)		Unrealized Appreciation (Depreciation)
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	01/28/2026		100,000,000		(1,608,877	)		–		(1,608,877	)
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Canadian Imperial Bank Of Commerce	Long		0.40	%	Termination	12/12/2025		89,000,000		(2,064,236	)		–		(2,064,236	)
Shiller Barclays CAPE^® US Sector II ER USD Index ⁽¹⁾	Bank of America Securities, Inc.	Long		0.38	%	Termination	12/31/2025		90,000,000		(2,212,554	)		–		(2,212,554	)
										$	137,183,745		$	–	$	137,183,745

(1)

Shiller Barclays CAPE^® US Sector II ER USD Index aims to provide notional long exposure to the top four United States equity sectors that are relatively undervalued, as defined by a modified version of the classic CAPE^® Ratio (the “Relative CAPE^® Indicator”) and that possess relatively strong price momentum over the prior twelve months. Each U.S. equity sector is represented by an index of equity securities of companies in the relevant sector. Information on the sector constituents as of June 30, 2025, is available on the Barclays Capital, Inc. website at https://indices.cib.barclays/IM/12/en/indices/details.app;ticker=BXIICS2E.

DoubleLine Flexible Income Fund		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	ASSET BACKED OBLIGATIONS - 6.3%
		Affirm, Inc.
	2,250,000	Series 2024-X2-D		6.08	%^(a)		12/17/2029		2,267,884
		Apollo Aviation Securitization Equity Trust
	910,607	Series 2022-1A-A		6.00	%^(a)		05/16/2047		925,988
	1,914,324	Series 2024-1A-B		6.90	%^(a)		05/16/2049		1,941,680
	2,370,958	Series 2024-2A-B		6.61	%^(a)		09/16/2049		2,462,157
	2,926,521	Series 2025-1A-B		6.58	%^(a)		02/16/2050		2,988,399
		Arivo Acceptance Auto Loan Receivables Trust
	486,346	Series 2021-1A-C		3.77	%^(a)		03/15/2027		486,091
		Blue Stream Communications LLC
	1,000,000	Series 2024-1A-B		6.04	%^(a)		11/20/2054		1,016,712
	1,000,000	Series 2024-1A-C		8.71	%^(a)		11/20/2054		1,057,245
		Business Jet Securities LLC
	1,640,667	Series 2024-2A-C		7.97	%^(a)		09/15/2039		1,653,219
		CAI International, Inc.
	594,375	Series 2020-1A-B		3.50	%^(a)		09/25/2045		565,007
		Castlelake Aircraft Securitization Trust
	2,468,915	Series 2018-1-B		5.30	%^(a)		06/15/2043		2,292,484
	1,946,911	Series 2025-1A-A		5.78	%^(a)		02/15/2050		1,989,424
		Cloud Capital Holdco LP
	1,850,000	Series 2024-2A-A2		5.92	%^(a)		11/22/2049		1,861,465
		Cologix Data Centers US Issuer LLC
	2,250,000	Series 2021-1A-A2		3.30	%^(a)		12/26/2051		2,178,632
		Compass Datacenters LLC
	1,500,000	Series 2024-1A-B		7.00	%^(a)		02/25/2049		1,543,118
	500,000	Series 2024-2A-B2		6.00	%^(a)		08/25/2049		505,961
	2,500,000	Series 2025-1A-A3		5.85	%^(a)		02/25/2050		2,525,041
		Diamond Resorts Owner Trust
	390,626	Series 2021-1A-D		3.83	%^(a)		11/21/2033		388,231
		DigitalBridge Group, Inc.
	2,000,000	Series 2023-1A-B		5.75	%^(a)		09/15/2048		1,999,748
		Dividend Solar Loans LLC
	836,332	Series 2018-1-B		4.29	%^(a)		07/20/2038		776,213
	574,609	Series 2018-2-B		4.25	%^(a)		12/20/2038		530,458
		European Wax Center, Inc.
	1,940,000	Series 2022-1A-A2		5.50	%^(a)		03/15/2052		1,913,240
		ExteNet LLC
	1,500,000	Series 2024-1A-C		9.05	%^(a)		07/25/2054		1,576,178
		Falko Regional Aircraft Ltd.
	2,889,878	Series 2021-1A-A		5.75	%		04/15/2041		2,875,906
		GreenSky LLC
	600,000	Series 2024-2-D		6.43	%^(a)		10/27/2059		608,044
		Jersey Mike's Funding
	1,845,866	Series 2019-1A-A2		4.43	%^(a)		02/15/2050		1,831,073
		JOL Air Ltd.
	687,840	Series 2019-1-B		4.95	%^(a)		04/15/2044		682,787
		Lendingpoint Asset Securitization Trust
	241,856	Series 2022-C-B		7.46	%^(a)		02/15/2030		241,898
		Loanpal Solar Loan Ltd.
	908,516	Series 2021-1GS-C		3.50	%^(a)		01/20/2048		643,452
		Luminace Issuer LLC
	721,424	Series 2024-1-A		5.87	%^(a)		10/30/2031		719,395
		Lunar Structured Aircraft Portfolio Notes
	2,047,207	Series 2021-1-C		5.68	%^(a)		10/15/2046		1,984,974
		MAPS Ltd.
	37,883	Series 2021-1A-C		5.44	%^(a)		06/15/2046		37,105
		Mariner Finance Issuance Trust
	2,250,000	Series 2024-BA-A		4.91	%^(a)		11/20/2038		2,277,955

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Marlette Funding Trust
	747,271	Series 2022-1A-D		3.39	%^(a)		04/15/2032		733,211
	1,931,574	Series 2022-3A-C		6.89	%^(a)		11/15/2032		1,938,347
		Mosaic Solar Loans LLC
	2,250,503	Series 2025-1A-A		6.12	%^(a)		08/22/2050		2,235,833
		Pagaya AI Debt Selection Trust
	1,318,416	Series 2021-3-C		3.27	%^(a)		05/15/2029		1,290,093
	629,804	Series 2024-1-A		6.66	%^(a)		07/15/2031		633,958
		QTS Issuer ABS I LLC
	2,500,000	Series 2025-1A-B		5.93	%^(a)		05/25/2055		2,538,998
		SSI ABS Issuer LLC
	750,000	Series 2025-1-A		6.15	%^(a)		07/25/2065		752,629
		Start/Bermuda
	1,078,251	Series 2018-1-A		4.09	%^(a)		05/15/2043		1,078,319
		Subway Funding LLC
	995,000	Series 2024-3A-A23		5.91	%^(a)		07/30/2054		987,940
		Switch ABS Issuer LLC
	1,500,000	Series 2024-1A-B		6.50	%^(a)		03/25/2054		1,518,272
	1,000,000	Series 2024-2A-C		10.03	%^(a)		06/25/2054		1,037,619
		Tesla Sustainable Energy Trust
	1,500,000	Series 2024-1A-C		6.25	%^(a)		06/21/2050		1,502,949
		Uniti Group LP
	2,500,000	Series 2025-1A-B		6.37	%^(a)		04/20/2055		2,552,413
		Upstart Pass-Through Trust Series
	158,132	Series 2021-ST3-A		2.00	%^(a)		05/20/2027		157,593
		Upstart Securitization Trust
	409,603	Series 2021-3-C		3.28	%^(a)		07/20/2031		405,599
	2,200,329	Series 2021-4-C		3.19	%^(a)		09/20/2031		2,169,173
	2,850,000	Series 2024-1-B		6.24	%^(a)		11/20/2034		2,880,680
	2,100,000	Series 2025-2-C		6.02	%^(a)		06/20/2035		2,121,216
		Vivant Solar Financing V Parent LLC
	4,116,783	Series 2018-1A-A		4.73	%^(a)		04/30/2048		3,911,361
		Willis Lease Finance Corp.
	861,332	Series 2018-A-A		4.75	%^(a)(b)		09/15/2043		858,511
		Total Asset Backed Obligations (Cost $78,328,562)							78,651,878
	BANK LOANS - 10.8%
		1261229 BC Ltd.
	325,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.25%, 0.00% Floor)		10.56	%		10/08/2030		314,158
		AAdvantage Loyalty IP Ltd.
	146,250	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.52	%		04/20/2028		145,507
	540,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		05/28/2032		544,185
		ABG Intermediate Holdings 2 LLC
	54,588	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		12/21/2028		54,626
		Access CIG LLC
	277,302	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.38	%		08/18/2028		278,927
		Acrisure LLC
	2,155,965	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		11/06/2030		2,153,432
	360,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		06/21/2032		360,000
		Acuris Finance US, Inc.
	555,069	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor)		8.05	%		02/16/2028		556,284
		ADMI Corp.
	1,106,428	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.50% Floor)		8.19	%		12/23/2027		1,058,022
	270,875	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.75%, 0.00% Floor)		10.08	%		12/23/2027		263,290

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		AI Aqua Merger Sub, Inc.
	2,900,981	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.32	%		07/31/2028		2,900,140
		Alera Group 2nd Lien T/L
	205,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.50%, 0.50% Floor)		9.83	%		05/30/2033		209,228
		Alera Group, Inc.
	540,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.58	%		05/28/2032		542,228
		AlixPartners LLP
	283,543	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.50% Floor)		6.94	%		02/04/2028		284,927
		Alliant Holdings Intermediate LLC
	408,798	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%		09/19/2031		409,354
		Allied Universal Holdco LLC
	857,807	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.50% Floor)		8.18	%		05/15/2028		862,863
		Allspring Buyer LLC
	612,127	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.31	%		11/01/2030		616,335
		Alpha Generation LLC
	850,807	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		09/30/2031		850,662
		Alterra Mountain Co.
	334,440	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		08/17/2028		336,530
	187,870	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		05/31/2030		188,811
		Altice France SA
	388,618	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.50%, 0.00% Floor)		9.76	%		08/31/2028		353,102
		Amentum Holdings, Inc.
	443,758	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		09/29/2031		443,758
		AmWINS Group, Inc.
	507,450	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.75% Floor)		6.58	%		01/30/2032		508,196
		APi Group DE, Inc.
	185,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		01/03/2029		185,251
		Apple Bidco LLC
	1,363,421	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		09/23/2031		1,362,569
		Applied Systems, Inc.
	125,000	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.00% Floor)		8.80	%		02/23/2032		128,484
		Apro LLC
	691,483	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor)		8.06	%		07/09/2031		690,619
		Arches Buyer, Inc.
	368,683	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor)		7.68	%		12/06/2027		364,604
		Ardonagh Group Finco Pty Ltd.
	37,120	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.04	%		02/18/2031		36,935
	46,368	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.04	%		02/18/2031		46,136
	38,682	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		38,488
	246,892	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		245,658
	103,445	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		102,928
	249,434	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		02/18/2031		248,187

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Arsenal AIC Parent LLC
	114,151	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		08/19/2030		114,208
		Ascend Learning LLC
	1,136,961	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		12/11/2028		1,138,081
	142,340	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.85%, 0.50% Floor)		10.18	%		12/10/2029		142,874
		Aspire Bakeries T/L B
	393,015	Senior Secured Term Loan		7.82	%^(c)		12/23/2030		393,188
		AssuredPartners, Inc.
	2,603,080	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor)		7.83	%		02/14/2031		2,612,542
		Asurion LLC
	295,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor)		9.69	%		02/03/2028		282,924
	425,351	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor)		8.68	%		08/21/2028		421,438
	165,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.36%, 0.00% Floor)		9.69	%		01/22/2029		153,514
	210,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.56	%		09/19/2030		204,277
	142,088	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor)		8.58	%		09/19/2030		138,747
		AthenaHealth Group, Inc.
	2,119,311	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/15/2029		2,119,576
		Aveanna Healthcare LLC
	1,147,642	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.85%, 0.50% Floor)		8.18	%		07/17/2028		1,125,768
	118,610	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.15%, 0.50% Floor)		11.48	%		12/10/2029		116,742
		Bally's Corp.
	344,187	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.51%, 0.50% Floor)		7.78	%		10/02/2028		305,466
		Bausch + Lomb Corp.
	181,763	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor)		8.33	%		09/29/2028		182,141
	1,210,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.57	%		01/15/2031		1,213,787
		BCP Renaissance Parent LLC
	262,949	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.30	%		10/31/2028		264,059
		BCP VI Summit Holdings LP
	525,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.00% Floor)		7.83	%		01/30/2032		528,972
		BCPE Empire Holdings, Inc.
	1,087,300	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.58	%		12/26/2030		1,082,407
		Beach Acquisition Bidco LLC
	330,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.25%)		7.56	%		06/28/2032		332,062
		Boxer Parent Co., Inc.
	1,113,374	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		07/30/2031		1,107,735
	445,533	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.00% Floor)		10.08	%		07/30/2032		434,676
		Brand Industrial Services, Inc.
	602,903	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.50%, 0.50% Floor)		8.78	%		08/01/2030		507,081
		Brazos Delaware II LLC
	14,626	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.31	%		02/11/2030		14,668
		BroadStreet Partners, Inc.
	36,172	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		06/16/2031		36,256
	370,112	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		06/16/2031		370,973

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Brown Group Holding LLC
	250,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%)		6.82	%		07/01/2031		250,583
	123,043	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor)		6.83	%		07/01/2031		123,308
	341,161	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor)		6.83	%		07/01/2031		341,896
		Burlington Coat Factory Warehouse Corp.
	154,611	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		09/19/2031		154,224
		Caesars Entertainment, Inc.
	360,438	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.50% Floor)		6.58	%		02/06/2031		360,665
		Camelot US Acquisition LLC
	12,490	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/31/2031		12,376
	589,008	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/31/2031		583,672
	136,599	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/31/2031		135,362
	490,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%)		7.58	%		01/31/2031		490,919
		Castle US Holding Corp.
	118,365	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.36%, 0.00% Floor)		8.84	%		05/31/2030		65,175
		Cengage Learning, Inc.
	78,419	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor)		7.82	%		03/22/2031		78,699
	134,436	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 1.00% Floor)		7.83	%		03/24/2031		134,914
		Central Parent LLC
	263,672	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		07/06/2029		220,838
		Chariot Buyer LLC
	825,109	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor)		7.68	%		11/03/2028		827,452
		Charter Next Generation, Inc.
	206,396	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.75% Floor)		7.06	%		12/02/2030		207,364
		CHG Healthcare Services, Inc.
	1,953,529	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		09/29/2028		1,962,505
		Clarios Global LP
	511,144	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		05/06/2030		510,347
	880,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		01/28/2032		881,927
		Clearwater Analytics LLC
	400,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.52	%		04/21/2032		400,500
		Cloud Software Group, Inc.
	690,496	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		03/24/2031		692,437
	1,739	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		03/24/2031		1,744
		ClubCorp Holdings, Inc.
	680,997	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor)		9.56	%		09/18/2026		682,699
	546	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.00% Floor)		9.56	%		09/18/2026		547
		Clydesdale Acquisition Holdings, Inc.
	313,773	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.18%, 0.50% Floor)		7.50	%		04/13/2029		313,507
		CMG Media Corp.
	53,935	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.60%, 0.00% Floor)		7.90	%		06/18/2029		52,410
		CNT Holdings I Corp.
	338,177	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.75% Floor)		6.78	%		11/08/2032		339,393

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Colossus Acquireco LLC
	1,455,000	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)		6.06	%		06/14/2032		1,447,179
		CommScope LLC
	841,022	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 2.00% Floor)		9.58	%		12/17/2029		852,498
		Compass Power Generation LLC
	472,601	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.56	%		04/16/2029		475,850
		Construction Partners, Inc.
	477,600	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		11/03/2031		479,690
		CoreLogic, Inc.
	200,166	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor)		7.94	%		06/02/2028		198,384
		Cornerstone Building Brands, Inc.
	380,874	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.35%, 0.50% Floor)		7.66	%		04/12/2028		341,200
	49,750	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.50% Floor)		8.81	%		05/15/2031		42,536
		Cornerstone OnDemand, Inc.
	235,429	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor)		8.19	%		10/16/2028		221,525
		Corpay Technologies Operating Co. LLC
	868,759	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		04/28/2028		869,845
		Cotiviti, Inc.
	628,017	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%		05/01/2031		625,859
	530,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%		03/29/2032		528,124
		CPI Holdco B LLC
	323,988	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		05/19/2031		323,420
	240,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		05/19/2031		240,076
		CPPIB OVM Member US LLC
	238,350	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		08/20/2031		238,052
		CQP Holdco LP
	357,307	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.50% Floor)		6.30	%		12/31/2030		357,768
		Creative Artists Agency LLC
	698,159	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		10/01/2031		701,028
		Crosby US Acquisition Corp.
	167,706	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor)		7.83	%		08/16/2029		168,540
		Crown Finance US, Inc.
	692,236	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor)		9.57	%		12/02/2031		692,928
		CSC Holdings LLC
	314,197	Senior Secured First Lien Term Loan (Prime Rate + 1.50%, 0.00% Floor)		9.00	%		04/15/2027		306,512
	315,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.50%, 0.00% Floor)		8.81	%		01/18/2028		311,240
		Cube A&D Buyer, Inc.
	685,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.52	%		10/20/2031		689,494
		Curium Bidco Sarl
	65,156	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		07/31/2029		65,414
	43,889	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		07/31/2029		44,063
	19,501	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		07/31/2029		19,578
		Cyborg Oldco DC Holdings, Inc.
	98,874	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		8.33	%^(d)(e)		05/01/2026		—

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Dexko Global, Inc.
	418,376	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.01%, 0.50% Floor)		8.19	%		10/04/2028		401,386
		DG Investment Intermediate Holdings 2, Inc.
	785,530	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.75% Floor)		7.94	%		03/31/2028		787,957
	45,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 6.86%, 0.75% Floor)		11.19	%		03/29/2029		44,845
		Directv Financing LLC
	49,894	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.26%, 0.75% Floor)		9.54	%		08/02/2027		50,148
	206,025	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.51%, 0.75% Floor)		9.79	%		08/02/2029		204,807
		Dun & Bradstreet Corp.
	235,358	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		01/18/2029		235,447
		Dynasty Acquisition Co., Inc.
	281,121	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		10/31/2031		281,566
	106,929	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%)		6.33	%		10/31/2031		107,099
		EAB Global, Inc.
	844,962	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		08/16/2030		831,231
		Eagle Parent Corp.
	1,042,198	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		04/02/2029		1,035,251
	100,153	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		04/02/2029		99,485
	100,153	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		04/02/2029		99,485
		Ecovyst Catalyst Technologies LLC
	651,406	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor)		6.28	%		06/12/2031		648,266
	251,257	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor)		6.28	%		06/12/2031		250,046
		Edelman Financial Engines Center LLC
	727,918	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		04/07/2028		729,538
	190,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor)		9.58	%		10/06/2028		191,021
		Edgewater Generation LLC
	281,743	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		08/01/2030		283,177
		EG America LLC
	587,367	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.00% Floor)		8.58	%		02/07/2028		590,774
		Eisner Advisory Group LLC
	359,872	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor)		8.33	%		02/28/2031		361,896
		Element Materials Technology Group US Holdings, Inc.
	387,798	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		06/25/2029		389,494
		Ellucian Holdings, Inc.
	417,633	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		10/08/2029		419,134
	30,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.08	%		11/22/2032		30,675
		Emrld Borrower LP
	417,025	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		08/04/2031		416,877
		Enviri Corp.
	418,909	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.36%, 0.50% Floor)		6.69	%		03/10/2028		415,715
		Fertitta Entertainment LLC/NV
	1,387,786	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.50% Floor)		7.83	%		01/29/2029		1,387,841

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		FinThrive Software Intermediate Holdings, Inc.
	24,414	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor)		8.32	%		12/18/2028		23,799
	40,895	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 0.50% Floor)		8.44	%		12/18/2028		37,010
		First Advantage Holdings LLC
	780,613	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		10/31/2031		781,956
		Flutter Financing BV
	215,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.50% Floor)		6.30	%		06/04/2032		215,269
		Focus Financial Partners LLC
	1,139,490	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		09/15/2031		1,138,356
		Fortrea Holdings, Inc.
	15,332	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor)		8.08	%		07/01/2030		13,799
		Freeport LNG Investments LLLP
	669,368	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.52	%		12/21/2028		670,905
		Gainwell Acquisition Corp.
	1,197,389	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 0.10%, 0.75% Floor)		8.40	%		10/01/2027		1,156,378
		Garda World Security Corp.
	783,347	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.31	%		02/01/2029		785,736
		GBT US III LLC
	278,600	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.78	%		07/28/2031		279,412
		GC Ferry Acquisition I, Inc.
	627,813	Senior Secured Term Loan (1 mo. Term SOFR + 3.50%)		7.83	%		06/07/2032		617,611
		Gen Digital, Inc.
	635,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		04/16/2032		634,683
		GFL ES US LLC
	800,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.82	%		03/03/2032		801,500
		GIP Pilot Acquisition Partners LP
	150,994	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor)		6.28	%		10/04/2030		151,686
		Gogo Intermediate Holdings LLC
	379,496	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.86%, 0.75% Floor)		8.19	%		04/28/2028		373,449
		Golden State Foods LLC
	327,533	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor)		8.56	%		12/04/2031		329,515
		Graham Packaging Co., Inc.
	449,299	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		08/04/2027		450,595
		Grant Thornton Advisors LLC
	402,346	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		05/30/2031		402,497
	255,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		05/30/2031		255,733
		Gray Media, Inc.
	375,882	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor)		7.44	%		12/01/2028		364,904
		Great Outdoors Group LLC
	399,781	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.75% Floor)		7.58	%		01/23/2032		399,845
		Hamilton Projects Acquiror LLC
	155,000	Senior Secured Term Loan (1 mo. Term SOFR + 2.50%)		6.81	%		05/30/2031		155,711
	90,725	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%)		7.33	%		05/30/2031		91,141
		Helios Software Holdings, Inc.
	553,340	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		07/18/2030		554,665

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Herc Holdings, Inc.
	195,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.32	%		06/02/2032		195,975
		Hexion Holdings Corp.
	711,301	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.50% Floor)		8.31	%		03/15/2029		710,632
		Hightower Holding LLC
	1,575,146	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.26	%		02/03/2032		1,573,838
		Hilcorp Energy I LP
	528,675	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.31	%		02/11/2030		530,327
		HomeServe USA Holding Corp.
	182,688	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.32	%		10/21/2030		183,088
		HUB International Ltd.
	800,348	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.75% Floor)		6.77	%		06/20/2030		803,646
		Hunter Douglas, Inc.
	496,795	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		01/20/2032		495,657
		Husky Injection Molding Systems Ltd.
	485,739	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor)		8.67	%		02/15/2029		487,645
	485,739	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.50%, 0.00% Floor)		8.80	%		02/15/2029		487,645
		iHeartCommunications, Inc.
	159,200	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.89%, 0.00% Floor)		10.22	%		05/01/2029		130,212
		INEOS US Finance LLC
	1,388,710	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		8.68	%		02/19/2030		1,334,530
		INEOS US Petrochem LLC
	474,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.35%, 0.00% Floor)		8.78	%		03/29/2029		442,597
	324,188	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.00% Floor)		8.58	%		10/07/2031		297,037
		ION Trading Technologies Sarl
	220,460	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		04/03/2028		220,866
		Iron Mountain, Inc.
	433,400	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		01/31/2031		433,580
		Kaman Corp.
	88,393	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		88,400
	121,184	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		121,194
	106,597	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		106,605
	88,180	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/26/2032		88,187
	121,184	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		121,194
	106,597	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		106,605
	88,180	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		88,187
	88,393	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.08	%		02/26/2032		88,400
		Kaseya, Inc.
	413,963	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		03/22/2032		416,065
		Kenan Advantage Group, Inc.
	360,719	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		01/25/2029		356,210
		Klockner Pentaplast of America, Inc.
	221,332	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 4.98%, 0.50% Floor)		9.23	%		02/09/2026		205,364

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Kronos Acquisition Holdings, Inc.
	151,951	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor)		8.30	%		07/08/2031		136,604
		LBM Acquisition LLC
	1,110,779	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.75% Floor)		8.16	%		06/06/2031		1,041,355
		LC Ahab US Bidco LLC
	675,958	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.32	%		05/01/2031		676,384
		Life Time, Inc.
	333,325	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.78	%		11/05/2031		334,617
		LifePoint Health, Inc.
	838,291	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.00% Floor)		8.01	%		05/19/2031		830,692
		Light & Wonder International, Inc.
	229,165	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.50% Floor)		6.56	%		04/16/2029		229,651
		Lightning Power LLC
	342,413	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.55	%		08/18/2031		343,435
		Lumen Technologies, Inc.
	287,800	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.46%, 2.00% Floor)		6.79	%		04/16/2029		284,743
		Lummus Technology Holdings V LLC
	446,899	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%)		7.33	%		12/31/2029		448,785
		Madison IAQ LLC
	554,340	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 2.50%, 0.50% Floor)		6.76	%		06/21/2028		555,380
	355,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.51	%		05/06/2032		356,404
		Madison Safety & Flow LLC
	233,312	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		09/26/2031		234,041
		Mavis Tire Express Services Topco Corp.
	164,588	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.75% Floor)		7.33	%		05/04/2028		164,713
		McAfee Corp.
	725,172	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.32	%		03/01/2029		705,759
		Medline Borrower LP
	677,183	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.50% Floor)		6.58	%		10/23/2028		678,724
		MH Sub I LLC
	852,450	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%, 0.50% Floor)		8.58	%		12/31/2031		742,966
		Michaels Cos., Inc.
	397,046	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.51%, 0.75% Floor)		8.81	%		04/17/2028		333,767
		Mister Car Wash Holdings, Inc.
	78,391	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		03/27/2031		78,636
		Mitchell International, Inc.
	710,433	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.50% Floor)		7.58	%		06/17/2031		710,668
	145,000	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.00% Floor)		9.58	%		06/17/2032		143,224
		MITER Brands Acquisition Holdco, Inc.
	567,891	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		03/28/2031		569,828
		Motion Finco Sarl
	460,078	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.50%, 0.00% Floor)		7.80	%		11/30/2029		439,089
		MX Holdings US, Inc.
	160,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		03/17/2032		160,900

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Natgasoline LLC
	248,438	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 5.50%, 0.00% Floor)		9.83	%		03/29/2030		247,506
		NEP Group, Inc.
	646,711	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor)		7.84	%		08/19/2026		597,603
	54,552	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25% + 1.50% PIK, 0.00% Floor)		7.84	%		08/19/2026		50,409
		Newfold Digital Holdings Group, Inc.
	195,538	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.93%, 0.75% Floor)		7.93	%		02/10/2028		105,835
		Nouryon Finance BV
	74,619	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.51	%		04/03/2028		75,062
	276,685	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.51	%		04/03/2028		278,328
		OneDigital Borrower LLC
	673,200	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		07/02/2031		672,991
	142,326	Senior Secured Second Lien Term Loan (1 mo. Term SOFR + 5.25%, 0.50% Floor)		9.58	%		07/02/2032		142,860
		Ontario Gaming GTA LP
	563,213	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		08/01/2030		558,550
		Opal US LLC
	1,195,000	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.25%, 0.00% Floor)		7.44	%		04/23/2032		1,201,352
		Ovg Business Services LLC
	647,563	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		06/25/2031		645,134
		Pacific Dental Services, Inc.
	439,673	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.07	%		03/17/2031		440,576
		Par Petroleum LLC
	83,089	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.01	%		02/28/2030		82,518
		Penn Entertainment, Inc.
	385,129	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor)		6.83	%		05/03/2029		386,042
		Peraton Corp.
	610,485	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor)		8.18	%		02/01/2028		540,661
		Perrigo Investments LLC
	177,954	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		04/20/2029		178,324
		PetSmart LLC
	709,875	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.85%, 0.75% Floor)		8.18	%		02/14/2028		704,107
		Phoenix Newco, Inc.
	800,663	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor)		6.83	%		11/15/2028		801,788
		Polaris Newco LLC
	801,091	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.86%, 0.50% Floor)		8.29	%		06/05/2028		781,785
		Pregis TopCo LLC
	574,982	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.00%, 0.00% Floor)		8.33	%		02/01/2029		577,354
		Pretium PKG Holdings, Inc.
	74,054	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor)		9.29	%		10/02/2028		74,093
	2,472	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75% + 1.25% PIK, 1.00% Floor)		9.29	%		10/02/2028		2,473
	65,000	Senior Secured Second Lien Term Loan (3 mo. Term SOFR + 7.01%, 0.50% Floor)		11.31	%		10/01/2029		11,278
		Pretzel Parent T/L B
	139,650	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.00% Floor)		8.83	%		10/01/2031		138,847

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Prime Security Services Borrower LLC
	735,000	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)		6.07	%		03/08/2032		730,024
		Primo Brands Corp.
	1,133,193	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.50% Floor)		6.55	%		03/31/2028		1,138,542
		Proofpoint, Inc.
	1,763,275	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.50% Floor)		7.33	%		08/31/2028		1,766,431
		Quikrete Holdings, Inc.
	576,319	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		03/19/2029		576,847
	69,128	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		04/14/2031		69,085
	508,725	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		02/10/2032		508,661
		QXO Building Products, Inc.
	141,667	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.28	%		04/30/2032		142,811
		Radiology Partners, Inc.
	835,000	Senior Secured Term Loan (1 mo. Term SOFR + 4.50%)		8.82	%		06/30/2032		829,259
		RealPage, Inc.
	293,475	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.11%, 0.50% Floor)		7.56	%		04/24/2028		291,789
	189,525	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		04/24/2028		190,064
		Sabre GLBL, Inc.
	138,280	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor)		7.94	%		12/17/2027		136,403
	152,755	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.61%, 0.50% Floor)		7.94	%		12/17/2027		150,682
	261,588	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.00%)		10.43	%		11/15/2029		261,588
	94,622	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 6.10%, 0.00% Floor)		10.43	%		11/15/2029		90,246
		Savor Acquisition, Inc.
	397,500	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		02/19/2032		400,388
		Sazerac Co., Inc.
	225,000	Senior Secured Term Loan (1 mo. Term SOFR + 2.50%)		6.82	%		06/25/2032		225,281
		Sedgwick Claims Management Services, Inc.
	501,213	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		07/31/2031		503,581
		Select Medical Corp.
	313,425	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		12/03/2031		314,798
		Signia Aerospace LLC
	357,028	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		12/11/2031		359,260
	292,114	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		12/11/2031		293,940
		Six Flags Entertainment Corp.
	268,600	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		05/01/2031		269,171
		Solenis Holdings Ltd.
	600,470	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		06/23/2031		594,603
		Sotera Health Holdings LLC
	640,163	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		05/30/2031		643,767
		Southern Veterinary Partners LLC
	713,213	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.53	%		12/04/2031		714,853
		Spin Holdco, Inc.
	150,915	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.26%, 0.75% Floor)		8.58	%		03/06/2028		132,994
		Staples, Inc.
	218,350	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.75%, 0.50% Floor)		10.03	%		09/10/2029		202,051

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Starwood Property Mortgage LLC
	97,981	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		01/02/2030		98,410
		Station Casinos LLC
	143,188	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.00%, 0.00% Floor)		6.33	%		03/14/2031		143,603
		StubHub Holdco Sub LLC
	917,751	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.08	%		03/15/2030		893,274
		SWF Holdings I Corp.
	197,945	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.11%, 1.00% Floor)		8.44	%		10/06/2028		152,665
		Tamko Building Products LLC
	91,250	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor)		7.03	%		09/20/2030		91,592
	91,250	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor)		7.05	%		09/20/2030		91,592
	45,169	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		09/20/2030		45,338
	44,256	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		09/20/2030		44,422
	91,250	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		09/20/2030		91,592
		Team Health Holdings, Inc.
	404,917	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.25%, 1.00% Floor)		9.53	%		03/02/2027		403,524
		Tecta America Corp.
	520,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.00%, 0.00% Floor)		7.33	%		02/18/2032		521,789
		Tiger Acquisition LLC
	693,613	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.75%, 0.00% Floor)		7.08	%		06/01/2028		696,024
		Townsquare Media, Inc.
	149,063	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.00%, 0.00% Floor)		9.32	%		02/19/2030		134,902
		Trans Union LLC
	178,200	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		06/24/2031		178,626
		TransDigm, Inc.
	650,085	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.80	%		02/28/2031		651,973
	441,663	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%, 0.00% Floor)		6.80	%		01/20/2032		442,826
		Travelport Finance Luxembourg Sarl
	46,397	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor)		11.30	%		09/29/2028		36,059
	116,202	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.69%, 1.00% Floor)		11.30	%		09/29/2028		90,311
		TricorBraun Holdings, Inc.
	423,062	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.36%, 0.50% Floor)		7.69	%		03/03/2028		423,100
		Trident TPI Holdings, Inc.
	874,604	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.75%, 0.50% Floor)		8.05	%		09/18/2028		860,505
		Trucordia Insurance Holdings LLC
	655,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%)		7.56	%		06/17/2032		657,047
		UFC Holdings LLC
	383,075	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		11/21/2031		384,941
		United Airlines, Inc.
	360,487	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.00%, 0.00% Floor)		6.28	%		02/24/2031		361,727
		United Natural Foods, Inc.
	146,300	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.08	%		05/01/2031		147,763

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		United Talent Agency LLC
	138,600	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.50%, 0.00% Floor)		7.81	%		06/10/2032		139,120
		Univision Communications, Inc.
	398,052	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.50% Floor)		8.55	%		06/25/2029		397,389
		Upbound Group, Inc.
	547,226	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.75%, 0.50% Floor)		7.03	%		02/17/2028		549,962
		Vantage Specialty Chemicals, Inc.
	743,495	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.50% Floor)		9.03	%		10/26/2026		721,718
		Veritiv Operating Co.
	273,909	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor)		8.30	%		11/30/2030		275,210
		Vestis Corp.
	555,531	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.25%, 0.00% Floor)		6.58	%		02/24/2031		534,699
		Victra Holdings LLC
	424,136	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.25%, 0.75% Floor)		8.55	%		03/29/2029		424,800
		Virgin Media Bristol LLC
	500,000	Senior Secured First Lien Term Loan (6 mo. Term SOFR + 3.28%, 0.00% Floor)		7.37	%		03/31/2031		494,290
		Vizient, Inc.
	310,484	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.50% Floor)		6.08	%		08/01/2031		311,765
		Voyager Parent LLC
	1,500,000	Senior Secured Term Loan (1 mo. Term SOFR + 4.75%)		9.07	%		05/10/2032		1,486,665
		VT Topco, Inc.
	168,269	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.00%, 0.50% Floor)		7.30	%		08/09/2030		168,827
		Wand NewCo 3, Inc.
	1,109,343	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.00% Floor)		6.83	%		01/30/2031		1,105,671
		WaterBridge Midstream Operating LLC
	673,761	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 5.01%, 0.00% Floor)		9.31	%		06/27/2029		671,955
		WaterBridge NDB Operating LLC
	263,013	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%, 0.00% Floor)		8.30	%		05/10/2029		263,341
		WEC US Holdings, Inc.
	461,513	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		01/27/2031		462,147
		WestJet Loyalty LP
	354,940	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.00% Floor)		7.55	%		02/14/2031		355,428
		Whatabrands LLC
	1,003,321	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.50%, 0.50% Floor)		6.83	%		08/03/2028		1,004,886
		White Cap Supply Holdings LLC
	870,625	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		10/31/2029		867,199
		WhiteWater Matterhorn Holdings LLC
	160,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%, 0.00% Floor)		6.57	%		06/16/2032		160,133
		WR Grace Holdings LLC
	418,915	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 3.25%, 0.50% Floor)		7.55	%		09/22/2028		420,050
		Wyndham Hotels & Resorts, Inc.
	529,650	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 1.75%, 0.00% Floor)		6.08	%		05/28/2030		532,391
		Zayo Group Holdings, Inc.
	266,026	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.11%, 0.00% Floor)		7.44	%		03/09/2027		253,734
	400,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.58	%		03/09/2027		385,208

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Zelis Payments Buyer, Inc.
	697,049	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.58	%		11/26/2031		694,288
		Ziggo Financing Partnership
	100,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.61%, 0.00% Floor)		6.93	%		04/28/2028		97,921
		Total Bank Loans (Cost $135,966,187)							135,643,216
	COLLATERALIZED LOAN OBLIGATIONS - 14.0%
		Aimco CDO
	1,000,000	Series 2024-21A-D1 (3 mo. Term SOFR + 3.15%, 3.15% Floor)		7.42	%^(a)		04/18/2037		1,005,664
		Anthelion Ltd.
	1,000,000	Series 2025-1A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)		0.00	%^(a)		07/20/2036		997,500
		Bain Capital Credit CLO
	1,250,000	Series 2021-7A-DR (3 mo. Term SOFR + 2.90%, 2.90% Floor)		7.17	%^(a)		01/22/2035		1,248,936
	1,000,000	Series 2025-1A-D1 (3 mo. Term SOFR + 2.50%, 2.50% Floor)		6.80	%^(a)		04/23/2038		1,000,104
		Blackstone, Inc.
	1,500,000	Series 2018-1A-D (3 mo. Term SOFR + 2.76%, 0.00% Floor)		7.02	%^(a)		04/15/2031		1,523,053
		BlueMountain CLO Ltd.
	3,770,000	Series 2013-2A-DR (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.43	%^(a)		10/22/2030		3,738,449
	1,000,000	Series 2016-3A-DR (3 mo. Term SOFR + 3.36%, 3.10% Floor)		7.69	%^(a)		11/15/2030		984,115
	1,000,000	Series 2017-2A-C (3 mo. Term SOFR + 3.26%, 0.00% Floor)		7.53	%^(a)		10/20/2030		990,587
	2,500,000	Series 2018-23A-D1R (3 mo. Term SOFR + 3.85%, 3.85% Floor)		8.12	%^(a)		07/20/2037		2,527,117
		Canyon Capital CLO Ltd.
	1,000,000	Series 2012-1RA-D (3 mo. Term SOFR + 3.26%, 0.00% Floor)		7.52	%^(a)		07/15/2030		1,003,463
	2,000,000	Series 2014-1A-CR (3 mo. Term SOFR + 3.01%, 2.75% Floor)		7.29	%^(a)		01/30/2031		2,006,243
	1,000,000	Series 2022-1A-D (3 mo. Term SOFR + 3.20%, 3.20% Floor)		7.46	%^(a)		04/15/2035		995,816
		Canyon CLO
	1,000,000	Series 2021-4A-E (3 mo. Term SOFR + 6.56%, 6.30% Floor)		10.82	%^(a)		10/15/2034		1,002,966
		Carlyle Global Market Strategies
	500,000	Series 2020-2A-CR (3 mo. Term SOFR + 3.46%, 3.20% Floor)		7.74	%^(a)		01/25/2035		502,141
	1,000,000	Series 2024-2A-D (3 mo. Term SOFR + 3.85%, 3.85% Floor)		8.13	%^(a)		04/25/2037		1,015,236
	500,000	Series 2024-4A-D (3 mo. Term SOFR + 3.20%, 3.20% Floor)		7.47	%^(a)		07/20/2037		502,876
		Cathedral Lake CLO Ltd.
	3,500,000	Series 2021-8A-C (3 mo. Term SOFR + 2.88%, 2.62% Floor)		7.15	%^(a)		01/20/2035		3,516,590
	3,500,000	Series 2021-8A-D1 (3 mo. Term SOFR + 3.68%, 3.42% Floor)		7.95	%^(a)		01/20/2035		3,540,392
		Cent CLO
	500,000	Series 2018-27A-DR (3 mo. Term SOFR + 4.09%, 3.83% Floor)		8.37	%^(a)		01/25/2035		501,087
		CIFC Funding Ltd.
	1,000,000	Series 2019-3A-D1R2 (3 mo. Term SOFR + 2.75%, 2.75% Floor)		7.01	%^(a)		01/16/2038		1,006,855
		Crown City CLO
	4,000,000	Series 2024-6A-D1 (3 mo. Term SOFR + 3.50%, 3.50% Floor)		7.76	%^(a)		07/15/2037		4,001,787
		Dryden Senior Loan Fund
	3,000,000	Series 2015-37A-DR (3 mo. Term SOFR + 2.76%, 2.50% Floor)		7.02	%^(a)		01/15/2031		3,040,790
	1,000,000	Series 2017-50A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor)		7.77	%^(a)		07/15/2030		999,414
	1,000,000	Series 2019-68A-DR (3 mo. Term SOFR + 3.61%, 3.35% Floor)		7.87	%^(a)		07/15/2035		1,003,356
	900,000	Series 2020-77A-DR (3 mo. Term SOFR + 3.26%, 3.26% Floor)		7.58	%^(a)		05/20/2034		895,254
		Goldentree Loan Opportunities Ltd.
	1,000,000	Series 2024-20A-D (3 mo. Term SOFR + 3.15%, 3.15% Floor)		7.42	%^(a)		07/20/2037		1,008,043
	1,000,000	Series 2024-21A-D (3 mo. Term SOFR + 3.05%, 3.05% Floor)		7.32	%^(a)		07/20/2037		1,008,070
		Halcyon Loan Advisors Funding Ltd.
	288,132	Series 2014-2A-D (3 mo. Term SOFR + 5.26%, 0.00% Floor)		9.54	%^(a)		09/28/2025		45,554
	500,000	Series 2018-1A-A2 (3 mo. Term SOFR + 2.06%, 1.80% Floor)		6.33	%^(a)		07/21/2031		502,250
		Highbridge Loan Management Ltd.
	2,000,000	Series 2013-2A-CR (3 mo. Term SOFR + 3.16%, 2.90% Floor)		7.43	%^(a)		10/20/2029		2,007,814
		ICG US CLO Ltd.
	2,500,000	Series 2023-1A-AR (3 mo. Term SOFR + 1.38%, 1.38% Floor)		0.00	%^(a)		07/18/2038		2,500,000

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		ING Investment Management CLO Ltd.
	3,900,000	Series 2013-1A-CR (3 mo. Term SOFR + 3.21%, 0.00% Floor)		7.47	%^(a)		10/15/2030		3,890,222
		LCM LP
	5,000,000	Series 26A-D (3 mo. Term SOFR + 2.76%, 2.50% Floor)		7.03	%^(a)		01/20/2031		4,978,104
	1,500,000	Series 27A-D (3 mo. Term SOFR + 3.21%, 0.00% Floor)		7.47	%^(a)		07/16/2031		1,492,356
		LCM XIII LP
	3,175,000	Series 14A-DR (3 mo. Term SOFR + 3.01%, 0.00% Floor)		7.28	%^(a)		07/20/2031		3,165,650
		Lodi Park CLO Ltd.
	500,000	Series 2024-1A-D1 (3 mo. Term SOFR + 3.00%, 3.00% Floor)		7.27	%^(a)		07/21/2037		502,597
		Madison Park Funding Ltd.
	4,500,000	Series 2015-18A-BR (3 mo. Term SOFR + 1.86%, 0.00% Floor)		6.13	%^(a)		10/21/2030		4,511,646
		Magnetite CLO Ltd.
	3,500,000	Series 2018-20A-D (3 mo. Term SOFR + 2.76%, 0.00% Floor)		7.03	%^(a)		04/20/2031		3,511,690
	1,750,000	Series 2019-23A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.59	%^(a)		01/25/2035		1,761,751
		Marble Point CLO
	5,500,000	Series 2021-2A-B (3 mo. Term SOFR + 2.11%, 1.85% Floor)		6.39	%^(a)		07/25/2034		5,527,484
	3,500,000	Series 2021-3A-D1 (3 mo. Term SOFR + 3.76%, 3.50% Floor)		8.04	%^(a)		10/17/2034		3,491,273
		Menlo CLO Ltd.
	5,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.69	%^(a)		01/20/2038		5,018,932
		Myers Park CLO
	1,000,000	Series 2018-1A-D (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.58	%^(a)		10/20/2030		997,456
		Neuberger Berman CLO Ltd.
	1,000,000	Series 2021-44A-DR (3 mo. Term SOFR + 2.65%, 2.65% Floor)		6.91	%^(a)		10/16/2035		1,004,040
		OCP CLO Ltd.
	2,250,000	Series 2021-21A-D1R (3 mo. Term SOFR + 2.65%, 2.65% Floor)		6.92	%^(a)		01/20/2038		2,246,295
		Octagon Credit Investors LLC
	10,000,000	Series 2025-1A-A1 (3 mo. Term SOFR + 1.20%, 1.20% Floor)		5.49	%^(a)		01/22/2038		10,006,388
		Octagon Investment Partners Ltd.
	4,500,000	Series 2012-1A-CRR (3 mo. Term SOFR + 4.16%, 3.90% Floor)		8.42	%^(a)		07/15/2029		4,532,162
	4,000,000	Series 2018-1A-C (3 mo. Term SOFR + 2.86%, 2.60% Floor)		7.13	%^(a)		01/20/2031		4,041,993
	500,000	Series 2019-1A-ER (3 mo. Term SOFR + 7.26%, 7.00% Floor)		11.53	%^(a)		01/20/2035		480,043
	1,000,000	Series 2020-2A-DR (3 mo. Term SOFR + 3.56%, 3.30% Floor)		7.82	%^(a)		07/15/2036		977,710
		Park Avenue Institutional Advisers CLO Ltd.
	500,000	Series 2021-2A-D (3 mo. Term SOFR + 3.66%, 3.40% Floor)		7.92	%^(a)		07/15/2034		501,481
		Sound Point CLO Ltd.
	2,000,000	Series 2015-2A-DRRR (3 mo. Term SOFR + 4.76%, 4.50% Floor)		9.03	%^(a)		07/20/2032		2,003,953
	500,000	Series 2017-4A-C (3 mo. Term SOFR + 2.76%, 0.00% Floor)		7.03	%^(a)		01/21/2031		488,282
	6,000,000	Series 2019-2A-DR (3 mo. Term SOFR + 3.56%, 3.30% Floor)		7.82	%^(a)		07/15/2034		5,827,664
	1,000,000	Series 2019-3A-DR (3 mo. Term SOFR + 3.76%, 3.76% Floor)		8.04	%^(a)		10/25/2034		980,334
	1,000,000	Series 2020-1A-DR (3 mo. Term SOFR + 3.61%, 3.61% Floor)		7.88	%^(a)		07/20/2034		1,002,983
	5,000,000	Series 2020-2A-DR (3 mo. Term SOFR + 3.61%, 3.35% Floor)		7.89	%^(a)		10/25/2034		5,015,460
	7,500,000	Series 2021-4A-A (3 mo. Term SOFR + 1.41%, 1.41% Floor)		5.69	%^(a)		10/25/2034		7,513,592
	3,375,000	Series 2021-4A-D (3 mo. Term SOFR + 3.66%, 3.66% Floor)		7.94	%^(a)		10/25/2034		3,277,210
		Stewart Park CLO
	3,500,000	Series 2015-1A-DR (3 mo. Term SOFR + 2.86%, 2.60% Floor)		7.12	%^(a)		01/15/2030		3,512,864
		Storm King Park CLO Ltd.
	4,000,000	Series 2022-1A-AR (3 mo. Term SOFR + 1.36%, 1.36% Floor)		5.62	%^(a)		10/15/2037		4,016,447
		Symphony CLO Ltd.
	1,500,000	Series 2015-16A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.57	%^(a)		10/15/2031		1,493,004
		TIAA CLO Ltd.
	1,500,000	Series 2017-2A-B (3 mo. Term SOFR + 1.76%, 0.00% Floor)		6.02	%^(a)		01/16/2031		1,501,518
		Upland CLO
	500,000	Series 2016-1A-CR (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.43	%^(a)		04/20/2031		498,995
		Vibrant CLO Ltd.
	500,000	Series 2015-3A-A2RR (3 mo. Term SOFR + 2.11%, 0.26% Floor)		6.38	%^(a)		10/20/2031		503,978
	2,000,000	Series 2024-4RA-A1A (3 mo. Term SOFR + 1.43%, 1.43% Floor)		5.70	%^(a)		10/20/2037		2,009,420
		Voya CLO Ltd.
	1,200,000	Series 2021-1A-DR (3 mo. Term SOFR + 2.80%, 2.80% Floor)		7.06	%^(a)		07/15/2034		1,206,090

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Wellfleet CLO Ltd.
	2,000,000	Series 2019-1A-CR (3 mo. Term SOFR + 3.81%, 3.55% Floor)		8.08	%^(a)		07/20/2032		2,013,041
	750,000	Series 2021-3A-D (3 mo. Term SOFR + 3.76%, 3.50% Floor)		8.02	%^(a)		01/15/2035		752,169
		Wind River CLO Ltd.
	2,000,000	Series 2013-2A-E1R (3 mo. Term SOFR + 7.01%, 0.00% Floor)		11.28	%^(a)		10/18/2030		1,984,791
	4,000,000	Series 2014-2A-DR (3 mo. Term SOFR + 3.16%, 2.90% Floor)		7.42	%^(a)		01/15/2031		4,016,691
	2,000,000	Series 2014-2A-ER (3 mo. Term SOFR + 6.01%, 5.75% Floor)		10.27	%^(a)		01/15/2031		1,820,087
	1,500,000	Series 2014-3A-DR2 (3 mo. Term SOFR + 3.66%, 3.40% Floor)		7.93	%^(a)		10/22/2031		1,523,433
	2,000,000	Series 2017-1A-DR (3 mo. Term SOFR + 3.98%, 3.72% Floor)		8.25	%^(a)		04/18/2036		2,005,792
	1,500,000	Series 2018-1A-D (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.42	%^(a)		07/15/2030		1,505,117
	7,500,000	Series 2021-4A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor)		5.70	%^(a)		01/20/2035		7,515,479
	1,000,000	Series 2021-4A-D (3 mo. Term SOFR + 3.46%, 3.20% Floor)		7.73	%^(a)		01/20/2035		974,439
		Wind River Ltd.
	1,000,000	Series 2021-3A-D1AR (3 mo. Term SOFR + 3.00%, 3.00% Floor)		7.27	%^(a)		04/20/2038		1,004,337
		Total Collateralized Loan Obligations (Cost $175,332,244)							175,227,965
	FOREIGN CORPORATE BONDS - 4.7%
	1,014,907	Acu Petroleo Luxembourg Sarl		7.50	%		01/13/2032		1,014,409
	649,000	Adani Electricity Mumbai Ltd.		3.95	%		02/12/2030		582,071
	400,000	Adani Electricity Mumbai Ltd.		3.87	%		07/22/2031		343,440
	1,024,000	Adani International Container Terminal Pvt Ltd.		3.00	%		02/16/2031		902,423
	600,000	Adani Ports & Special Economic Zone Ltd.		4.38	%		07/03/2029		567,309
	700,000	Adani Ports & Special Economic Zone Ltd.		3.10	%		02/02/2031		592,842
	417,500	Adani Renewable Energy RJ Ltd./Kodangal Solar Parks Pvt Ltd./Wardha Solar Maharash		4.63	%		10/15/2039		336,779
	500,000	Adani Transmission Step-One Ltd.		4.00	%		08/03/2026		494,869
	556,000	Adani Transmission Step-One Ltd.		4.25	%		05/21/2036		473,761
	200,000	Agrosuper SA		4.60	%		01/20/2032		186,844
	324,999	AL Candelaria Spain SA		7.50	%		12/15/2028		324,632
	500,000	AL Candelaria Spain SA		5.75	%^(a)		06/15/2033		424,675
	500,000	AL Candelaria Spain SA		5.75	%		06/15/2033		424,675
	255,000	Altice France SA		5.50	%^(a)		10/15/2029		211,650
	1,600,000	AngloGold Ashanti Holdings PLC		3.38	%		11/01/2028		1,528,086
	215,000	Ardonagh Finco Ltd.		7.75	%^(a)		02/15/2031		224,941
	400,000	Aris Mining Corp.		8.00	%^(a)		10/31/2029		408,434
	500,000	Banco Continental SAECA		2.75	%		12/10/2025		495,608
	400,000	Banco Davivienda SA (10 yr. CMT Rate + 5.10%)		6.65	%^(a)(f)		04/22/2031		356,363
	200,000	Banco Davivienda SA (5 yr. CMT Rate + 4.59%)		8.13	%^(a)		07/02/2035		201,160
	800,000	Banco de Bogota SA		6.25	%		05/12/2026		803,024
	600,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 3.00%)		3.13	%		07/01/2030		600,000
	1,350,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 2.45%)		3.25	%		09/30/2031		1,310,192
	300,000	Banco GNB Sudameris SA (5 yr. CMT Rate + 6.66%)		7.50	%		04/16/2031		296,193
	900,000	Banco Industrial SA/Guatemala (5 yr. CMT Rate + 4.44%)		4.88	%		01/29/2031		896,175
	1,350,000	Banco Internacional del Peru SAA Interbank (5 yr. CMT Rate + 3.71%)		4.00	%		07/08/2030		1,346,000
	400,000	Banco Internacional del Peru SAA Interbank (5 yr. CMT Rate + 2.07%)		6.40	%^(a)		04/30/2035		408,460
	200,000	Banco Mercantil del Norte SA/Grand Cayman (10 yr. CMT Rate + 5.47%)		7.50	%^(f)		06/27/2029		198,107
	700,000	Banco Mercantil del Norte SA/Grand Cayman (5 yr. CMT Rate + 4.07%)		8.38	%^(a)(f)		05/20/2031		709,891
	200,000	Bancolombia SA (5 yr. CMT Rate + 4.32%)		8.63	%		12/24/2034		210,435

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	900,000	BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX (5 yr. CMT Rate + 4.21%)		8.13	%		01/08/2039		930,887
	330,000	Belron UK Finance PLC		5.75	%^(a)		10/15/2029		332,993
	400,000	Braskem Idesa SAPI		6.99	%		02/20/2032		277,992
	500,000	Braskem Netherlands Finance BV		4.50	%		01/31/2030		387,880
	400,000	Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy		7.88	%^(a)		02/15/2039		412,418
	600,000	Canacol Energy Ltd.		5.75	%		11/24/2028		207,638
	600,000	CAP SA		3.90	%^(a)		04/27/2031		482,641
	900,000	CAP SA		3.90	%		04/27/2031		723,961
	1,100,000	Cemex SAB de CV (5 yr. CMT Rate + 4.53%)		5.13	%^(f)		06/08/2026		1,082,625
	200,000	Cemex SAB de CV (5 yr. CMT Rate + 3.52%)		7.20	%^(a)(f)		06/10/2030		202,300
	200,000	Cencosud SA		4.38	%		07/17/2027		198,554
	1,232,323	Chile Electricity PEC SpA		0.00	%^(a)		01/25/2028		1,089,435
	400,000	Cia de Minas Buenaventura SAA		5.50	%		07/23/2026		400,072
	691,296	Cometa Energia SAB de CV		6.38	%		04/24/2035		712,955
	900,000	Cosan Overseas Ltd.		8.25	%^(f)		08/05/2025		908,892
	600,000	CSN Resources SA		5.88	%		04/08/2032		493,944
	1,500,000	DBS Group Holdings Ltd. (5 yr. CMT Rate + 1.10%)		1.82	%		03/10/2031		1,472,196
	165,105	Digicel Group Holdings Ltd.		0.00	%^(a)(e)		12/31/2030		7,219
	339,480	Digicel Group Holdings Ltd.		0.00	%^(a)(e)		12/31/2030		2,115
	312,750	Empresa Electrica Angamos SA		4.88	%		05/25/2029		282,273
	372,360	Empresa Electrica Cochrane SpA		5.50	%		05/14/2027		368,413
	600,000	Energuate Trust		5.88	%		05/03/2027		597,216
	523,011	Fermaca Enterprises S de RL de CV		6.38	%		03/30/2038		512,046
	321,800	Fideicomiso PA Pacifico Tres		8.25	%		01/15/2035		325,340
	400,000	Frigorifico Concepcion SA		7.70	%		07/21/2028		311,131
	529,944	Galaxy Pipeline Assets Bidco Ltd.		2.94	%		09/30/2040		435,173
	230,000	Garda World Security Corp.		4.63	%^(a)		02/15/2027		228,728
	285,000	Garda World Security Corp.		8.25	%^(a)		08/01/2032		292,713
	300,000	GCC SAB de CV		3.61	%		04/20/2032		265,382
	220,000	GGAM Finance Ltd.		6.88	%^(a)		04/15/2029		227,992
	825,000	Global Aircraft Leasing Co. Ltd.		8.75	%^(a)		09/01/2027		846,748
	264,800	GNL Quintero SA		4.63	%		07/31/2029		262,731
	700,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%		05/15/2029		728,427
	250,000	Grifols SA		4.75	%^(a)		10/15/2028		240,488
	768,290	Guara Norte Sarl		5.20	%		06/15/2034		728,680
	365,000	Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC		9.00	%^(a)		02/15/2029		382,081
	1,100,000	InRetail Consumer		3.25	%		03/22/2028		1,044,176
	700,000	InRetail Shopping Malls		5.75	%		04/03/2028		700,098
	100,000	Intelsat Jackson Holdings SA		6.50	%^(a)		03/15/2030		102,219
	600,000	Intercorp Financial Services, Inc.		4.13	%		10/19/2027		583,553
	35,079	Invepar Holdings		0.00	%^(d)(e)		12/30/2028		—
	200,000	Itau Unibanco Holding SA/Cayman Island (5 yr. CMT Rate + 3.45%)		3.88	%		04/15/2031		197,894
	923,000	JSW Hydro Energy Ltd.		4.13	%		05/18/2031		850,373
	400,000	JSW Infrastructure Ltd.		4.95	%		01/21/2029		392,239
	200,000	Kallpa Generacion SA		4.13	%		08/16/2027		198,508
	700,000	KUO SAB De CV		5.75	%		07/07/2027		690,178
	872,508	Lima Metro Line 2 Finance Ltd.		4.35	%		04/05/2036		821,380
	245,000	Mattamy Group Corp.		4.63	%^(a)		03/01/2030		235,671
	200,000	Medco Laurel Tree Pte Ltd.		6.95	%		11/12/2028		198,360
	335,000	Merlin Entertainments Group US Holdings, Inc.		7.38	%^(a)		02/15/2031		299,572
	600,000	Mexarrend SAPI de CV		10.25	%^(a)(d)		07/24/2025		4,500
	603,449	Mexico Generadora de Energia S de RL		5.50	%		12/06/2032		600,130
	1,170,000	Millicom International Cellular SA		6.25	%		03/25/2029		1,173,377
	250,000	Minerva Luxembourg SA		5.88	%		01/19/2028		250,373
	400,000	Minerva Luxembourg SA		8.88	%		09/13/2033		432,338
	500,000	Minsur SA		4.50	%		10/28/2031		465,525
	677,601	Mong Duong Finance Holdings BV		5.13	%		05/07/2029		662,502

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	400,000	Movida Europe SA		7.85	%^(a)		04/11/2029		369,564
	1,391,408	MV24 Capital BV		6.75	%		06/01/2034		1,350,695
	500,000	NBM US Holdings, Inc.		6.63	%		08/06/2029		503,869
	250,000	Nissan Motor Co. Ltd.		4.35	%^(a)		09/17/2027		240,174
	235,000	Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.		8.00	%^(a)		08/01/2030		235,944
	310,000	Opal Bidco SAS		6.50	%^(a)		03/31/2032		316,591
	452,000	Orazul Energy Peru SA		5.63	%		04/28/2027		448,065
	1,200,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		1.83	%		09/10/2030		1,193,964
	600,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		4.60	%		06/15/2032		601,202
	125,000	Parkland Corp.		4.63	%^(a)		05/01/2030		119,795
	200,000	Periama Holdings		5.95	%		04/19/2026		200,059
	166,680	Peru LNG Srl		5.38	%		03/22/2030		156,870
	1,295,493	Prumo Participacoes e Investimentos S/A		7.50	%		12/31/2031		1,313,354
	500,000	Raizen Fuels Finance SA		5.70	%		01/17/2035		468,500
	500,000	Reliance Industries Ltd.		3.67	%		11/30/2027		491,077
	1,226,666	Rutas 2 & 7 Finance Ltd.		0.00	%		09/30/2036		890,161
	200,000	Saavi Energia Sarl		8.88	%^(a)		02/10/2035		208,950
	400,000	SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA		3.75	%		08/02/2028		375,993
	200,000	Scotiabank Peru SAA (1 yr. CMT Rate + 2.31%)		6.10	%^(a)		10/01/2035		203,400
	305,000	Seaspan Corp.		5.50	%^(a)		08/01/2029		290,210
	600,000	Simpar Europe SA		5.20	%		01/26/2031		492,000
	200,000	Telefonica Celular del Paraguay SA		5.88	%		04/15/2027		199,251
	200,000	Termocandelaria Power SA		7.75	%^(a)		09/17/2031		205,350
	929,806	Tierra Mojada Luxembourg II Sarl		5.75	%		12/01/2040		879,174
	200,000	TK Elevator US Newco, Inc.		5.25	%^(a)		07/15/2027		199,993
	200,000	Trivium Packaging Finance BV		8.25	%^(a)		07/15/2030		211,650
	200,000	Ultrapar International SA		5.25	%		10/06/2026		199,669
	62,116	Unigel Luxembourg SA 13.50% Cash or 15.00% PIK		13.50	%		12/31/2027		50,003
	44,227	Unigel Luxembourg SA 13.50% Cash or 15.00% PIK		13.50	%^(a)		12/31/2027		35,603
	215,779	Unigel Luxembourg SA 11.00% Cash or 12.00% PIK		11.00	%		12/31/2028		60,418
	50,179	Unigel Luxembourg SA 11.00% Cash or 12.00% PIK		11.00	%^(a)		12/31/2028		14,050
	262,805	Unigel Netherlands Holding Corp. BV 15.00% Cash or 15.00% PIK		15.00	%		12/31/2044		8,541
	1,000,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.52%)		1.75	%		03/16/2031		980,229
	500,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.23%)		2.00	%		10/14/2031		484,105
	225,000	Vallourec SACA		7.50	%^(a)		04/15/2032		236,140
	325,000	VZ Secured Financing BV		5.00	%^(a)		01/15/2032		289,396
	200,000	Wipro IT Services LLC		1.50	%		06/23/2026		194,143
	300,000	Yinson Bergenia Production BV		8.50	%^(a)		01/31/2045		304,449
		Total Foreign Corporate Bonds (Cost $59,856,342)							59,161,294
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.4%
	800,000	Banco do Brasil SA/Cayman (10 yr. CMT Rate + 4.40%)		8.75	%^(f)		10/15/2025		808,018
	200,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands		5.88	%^(a)		05/07/2030		203,122
	400,000	Bank Negara Indonesia Persero Tbk PT		3.75	%		03/30/2026		395,985
	1,308,197	Bioceanico Sovereign Certificate Ltd.		0.00	%		06/05/2034		1,041,325
	200,000	BPRL International Singapore Pte Ltd.		4.38	%		01/18/2027		199,196
	400,000	Chile Electricity Lux Mpc II Sarl		5.67	%^(a)		10/20/2035		403,202
	186,000	Chile Electricity Lux MPC Sarl		6.01	%		01/20/2033		192,930
	2,000,000	Colombia Government International Bond		4.13	%		05/15/2051		1,143,380
	400,000	Comision Federal de Electricidad		6.45	%^(a)		01/24/2035		395,317
	900,000	Corp. Nacional del Cobre de Chile		5.13	%		02/02/2033		877,251
	1,350,000	Dominican Republic International Bond		5.50	%		02/22/2029		1,347,435
	1,500,000	Ecopetrol SA		5.88	%		11/02/2051		988,839

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	695,975	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%^(a)		01/31/2041		707,041
	300,000	Guatemala Government Bond		4.50	%		05/03/2026		297,717
	400,000	Guatemala Government Bond		4.38	%		06/05/2027		394,000
	200,000	Guatemala Government Bond		4.88	%		02/13/2028		198,087
	400,000	Guatemala Government Bond		5.25	%		08/10/2029		398,000
	300,000	Guatemala Government Bond		5.38	%		04/24/2032		293,679
	556,723	Lima Metro Line 2 Finance Ltd.		5.88	%		07/05/2034		565,001
	1,400,000	Mexico Government International Bond		6.34	%		05/04/2053		1,288,140
	500,000	Morocco Government International Bond		2.38	%		12/15/2027		473,452
	200,000	Morocco Government International Bond		5.95	%		03/08/2028		205,178
	400,000	Morocco Government International Bond		3.00	%		12/15/2032		339,110
	200,000	Morocco Government International Bond		4.00	%		12/15/2050		136,470
	200,000	OCP SA		4.50	%		10/22/2025		199,431
	1,000,000	OCP SA		6.75	%		05/02/2034		1,037,958
	300,000	ONGC Videsh Vankorneft Pte Ltd.		3.75	%		07/27/2026		297,383
	543,000	Paraguay Government International Bond		4.70	%		03/27/2027		543,299
	1,000,000	Pertamina Persero PT		1.40	%		02/09/2026		981,007
	300,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara		4.13	%		05/15/2027		297,224
	500,000	Petroleos Mexicanos		6.75	%		09/21/2047		362,458
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $18,256,166)							17,010,635
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 10.8%
		1345 Trust
	1,050,000	Series 2025-AOA-A (1 mo. Term SOFR + 1.60%, 1.60% Floor)		5.90	%^(a)		06/15/2030		1,053,384
		Arbor Multifamily Mortgage Securities Trust
	10,194,000	Series 2021-MF3-XD		1.29	%^(a)(g)(h)		10/15/2054		641,202
		Arbor Realty Trust, Inc.
	14,945,300	Series 2020-MF1-XA		1.05	%^(a)(g)(h)		05/15/2053		536,607
		ARDN Mortgage Trust
	1,060,000	Series 2025-ARCP-E (1 mo. Term SOFR + 4.50%, 4.50% Floor)		8.80	%^(a)		06/15/2035		1,064,826
		AREIT Trust
	1,690,000	Series 2025-CRE10-D (1 mo. Term SOFR + 2.79%, 2.79% Floor)		7.10	%^(a)		01/17/2030		1,613,394
		BANK
	8,672,676	Series 2017-BNK5-XA		1.08	%^(g)(h)		06/15/2060		137,146
	57,220,609	Series 2018-BN11-XA		0.59	%^(g)(h)		03/15/2061		666,300
		BANK5 Trust
	2,034,000	Series 2024-5YR10-C		5.74	%^(g)		10/15/2057		2,019,363
	760,000	Series 2025-5YR15-D		4.00	%^(a)		07/15/2030		646,809
	13,000,000	Series 2025-5YR15-XA		1.44	%^(g)		06/15/2030		685,061
		BBCMS Trust
	1,675,000	Series 2019-BWAY-E (1 mo. Term SOFR + 2.96%, 2.85% Floor)		7.28	%^(a)		11/15/2034		6,281
	1,104,000	Series 2024-5C29-C		5.51	%		09/15/2057		1,097,492
	13,773,000	Series 2025-C32-XD		2.54	%^(a)(g)(h)		02/15/2062		2,345,882
		BDS Ltd.
	920,496	Series 2021-FL10-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)		5.78	%^(a)		12/16/2036		923,882
	1,600,000	Series 2022-FL11-B (1 mo. Term SOFR + 2.35%, 2.35% Floor)		6.67	%^(a)		03/19/2039		1,603,920
	1,650,000	Series 2024-FL13-B (1 mo. Term SOFR + 2.24%, 2.24% Floor)		6.56	%^(a)		09/19/2039		1,655,127
		Benchmark Mortgage Trust
	244,730	Series 2020-B19-A2		1.69	%		09/15/2053		242,781
	5,701,129	Series 2020-B22-XA		1.62	%^(g)(h)		01/15/2054		374,757
	56,161,775	Series 2022-B32-XA		0.56	%^(a)(g)(h)		01/15/2055		852,008
	1,627,000	Series 2024-V9-C		6.45	%^(g)		08/15/2057		1,669,407
	4,665,000	Series 2025-V15-XA		1.12	%^(g)(h)		06/15/2058		226,583
		Blackstone Mortgage Trust, Inc.
	956,439	Series 2021-FL4-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.48	%^(a)		05/15/2038		953,417

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		BLP Commercial Mortgage Trust
	711,621	Series 2024-IND2-D (1 mo. Term SOFR + 2.59%, 2.59% Floor)		6.90	%^(a)		03/15/2041		712,238
		BMO Mortgage Trust
	1,700,000	Series 2024-5C6-C		5.88	%^(g)		09/15/2057		1,700,087
	3,457,000	Series 2024-C10-XD		1.80	%^(a)(g)(h)		11/15/2057		414,318
	1,125,000	Series 2025-5C10-C		6.49	%^(g)		05/15/2058		1,157,620
		BPR Trust
	1,300,000	Series 2021-TY-D (1 mo. Term SOFR + 2.46%, 2.35% Floor)		6.78	%^(a)		09/15/2038		1,293,011
		BSPRT Co.-Issuer LLC
	1,477,135	Series 2023-FL10-A (1 mo. Term SOFR + 2.26%, 2.26% Floor)		6.57	%^(a)		09/15/2035		1,480,340
	1,500,000	Series 2023-FL10-B (1 mo. Term SOFR + 3.27%, 3.27% Floor)		7.58	%^(a)		09/15/2035		1,508,001
		BSPRT Issuer LLC
	785,000	Series 2024-FL11-B (1 mo. Term SOFR + 2.29%, 2.29% Floor)		6.61	%^(a)		07/15/2039		785,329
		BX Trust
	900,000	Series 2019-IMC-D (1 mo. Term SOFR + 1.95%, 1.90% Floor)		6.26	%^(a)		04/15/2034		883,895
	654,539	Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor)		5.16	%^(a)		10/15/2036		654,517
	1,358,000	Series 2021-ARIA-C (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.07	%^(a)		10/15/2036		1,356,815
	904,275	Series 2021-CIP-B (1 mo. Term SOFR + 1.39%, 1.27% Floor)		5.70	%^(a)		12/15/2038		904,160
	1,320,000	Series 2021-LBA-DJV (1 mo. Term SOFR + 1.71%, 1.60% Floor)		6.03	%^(a)		02/15/2036		1,312,713
	1,085,000	Series 2021-MFM1-E (1 mo. Term SOFR + 2.36%, 2.25% Floor)		6.68	%^(a)		01/15/2034		1,085,003
	859,700	Series 2021-RISE-B (1 mo. Term SOFR + 1.36%, 1.25% Floor)		5.68	%^(a)		11/15/2036		859,037
	510,000	Series 2021-VIEW-B (1 mo. Term SOFR + 1.91%, 1.80% Floor)		6.23	%^(a)		06/15/2036		506,534
	687,868	Series 2021-VOLT-E (1 mo. Term SOFR + 2.11%, 2.00% Floor)		6.43	%^(a)		09/15/2036		685,132
	819,000	Series 2022-PSB-C (1 mo. Term SOFR + 3.70%, 3.70% Floor)		8.01	%^(a)		08/15/2039		820,024
	776,576	Series 2024-AIRC-C (1 mo. Term SOFR + 2.59%, 2.59% Floor)		6.90	%^(a)		08/15/2039		781,109
	637,646	Series 2024-GPA3-C (1 mo. Term SOFR + 1.89%, 1.89% Floor)		6.20	%^(a)		12/15/2039		639,611
	1,500,000	Series 2025-ROIC-E (1 mo. Term SOFR + 2.94%, 2.94% Floor)		7.25	%^(a)		03/15/2030		1,474,883
		CALI Mortgage Trust
	785,000	Series 2024-SUN-C (1 mo. Term SOFR + 2.79%, 2.79% Floor)		7.10	%^(a)		07/15/2041		787,857
		Century Plaza Towers
	1,190,000	Series 2019-CPT-E		3.10	%^(a)(g)		11/13/2039		971,359
		CFCRE Commercial Mortgage Trust
	3,094,511	Series 2016-C4-XA		1.73	%^(g)(h)		05/10/2058		14,198
		Citigroup Commercial Mortgage Trust
	5,941,272	Series 2016-C1-XA		1.98	%^(g)(h)		05/10/2049		46,670
	2,165,784	Series 2016-P4-XA		2.04	%^(g)(h)		07/10/2049		22,707
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	7,872,482	Series 2017-CD3-XA		1.08	%^(g)(h)		02/10/2050		87,638
	1,042,155	Series 2020-C9-A2		1.90	%		08/15/2053		1,034,962
		Commercial Mortgage Pass Through Certificates
	3,344,437	Series 2015-CR25-XA		0.86	%^(g)(h)		08/10/2048		56
	4,635,467	Series 2015-CR27-XA		1.00	%^(g)(h)		10/10/2048		100
	1,227,000	Series 2015-DC1-C		4.43	%^(g)		02/10/2048		1,093,300
	160,263	Series 2015-DC1-XA		0.71	%^(g)(h)		02/10/2048		2
	2,128,251	Series 2016-DC2-XA		1.05	%^(g)(h)		02/10/2049		2,997
	2,228,000	Series 2018-HCLV-D (1 mo. Term SOFR + 2.47%, 2.18% Floor)		6.78	%^(a)		09/15/2033		718,563
		Computershare Corporate Trust
	99,603	Series 2015-C27-C		3.89	%		02/15/2048		88,315
	242,315	Series 2015-C28-C		4.25	%^(g)		05/15/2048		231,106
	1,848,854	Series 2015-C30-XA		0.87	%^(g)(h)		09/15/2058		41
	3,583,302	Series 2015-C31-XA		1.09	%^(g)(h)		11/15/2048		85
	1,056,983	Series 2015-NXS2-XA		0.27	%^(g)(h)		07/15/2058		364

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,705,088	Series 2016-C33-XA		1.70	%^(g)(h)		03/15/2059		7,684
	3,416,183	Series 2016-NXS6-XA		1.68	%^(g)(h)		11/15/2049		29,152
	12,853,485	Series 2017-C38-XA		1.05	%^(g)(h)		07/15/2050		165,527
	1,828,167	Series 2017-RC1-XA		1.54	%^(g)(h)		01/15/2060		31,976
		Credit Suisse Mortgage Capital Certificates
	1,974,822	Series 2014-USA-X1		0.69	%^(a)(g)(h)		09/15/2037		2,271
		CSAIL Commercial Mortgage Trust
	145,776	Series 2015-C1-XA		0.17	%^(g)(h)		04/15/2050		—
	38,090,369	Series 2018-CX12-XA		0.70	%^(g)(h)		08/15/2051		534,636
	31,648,761	Series 2021-C20-XA		1.11	%^(g)(h)		03/15/2054		1,332,565
	18,269,000	Series 2021-C20-XD		1.58	%^(a)(g)(h)		03/15/2054		1,290,922
		ELP Commercial Mortgage Trust
	1,426,340	Series 2021-ELP-C (1 mo. Term SOFR + 1.43%, 1.32% Floor)		5.75	%^(a)		11/15/2038		1,425,272
		FS Rialto Issuer LLC
	699,901	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)		5.68	%^(a)		11/16/2036		699,556
	2,100,000	Series 2021-FL3-D (1 mo. Term SOFR + 2.61%, 2.61% Floor)		6.93	%^(a)		11/16/2036		2,065,535
	1,450,000	Series 2022-FL4-AS (30 day avg SOFR US + 2.40%, 2.40% Floor)		6.70	%^(a)		01/19/2039		1,453,360
	2,050,000	Series 2025-FL10-D (1 mo. Term SOFR + 2.70%, 2.70% Floor)		7.01	%^(a)		08/19/2042		2,020,851
		Granite Point Mortgage Trust, Inc.
	1,000,000	Series 2021-FL4-B (1 mo. Term SOFR + 2.06%, 1.95% Floor)		6.38	%^(a)		12/15/2036		975,662
		Great Wolf Trust
	1,450,000	Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.85	%^(a)		03/15/2039		1,454,091
		Greystone Commercial Real Estate Notes
	2,200,000	Series 2021-FL3-D (1 mo. Term SOFR + 2.31%, 2.20% Floor)		6.63	%^(a)		07/15/2039		2,187,880
		GS Mortgage Securities Corp. II
	1,552,215	Series 2010-C1-C		5.64	%^(a)(g)		08/10/2043		1,542,596
	2,200,000	Series 2013-GC13-B		4.01	%^(a)(g)		07/10/2046		2,132,591
	585,037	Series 2014-GC24-XA		0.40	%^(g)(h)		09/10/2047		7
	1,110,000	Series 2015-590M-D		3.93	%^(a)(g)		10/10/2035		1,104,318
	5,516,411	Series 2015-GS1-XA		0.85	%^(g)(h)		11/10/2048		9,133
	5,154,702	Series 2016-GS2-XA		1.88	%^(g)(h)		05/10/2049		26,838
	442,000	Series 2018-GS10-WLSD		5.07	%^(a)(g)		03/10/2033		38,940
	553,000	Series 2018-GS10-WLSE		5.07	%^(a)(g)		03/10/2033		44,365
	1,509,000	Series 2018-RIVR-E (1 mo. Term SOFR + 1.85%, 1.80% Floor)		6.16	%^(a)		07/15/2035		6,021
	850,000	Series 2018-TWR-E (1 mo. Term SOFR + 2.40%, 2.10% Floor)		6.71	%^(a)		07/15/2031		89,152
	850,000	Series 2018-TWR-F (1 mo. Term SOFR + 3.10%, 2.80% Floor)		7.41	%^(a)		07/15/2031		80,316
	850,000	Series 2018-TWR-G (1 mo. Term SOFR + 4.22%, 3.93% Floor)		8.53	%^(a)		07/15/2031		71,480
		GSCG Trust
	2,377,000	Series 2019-600C-E		4.12	%^(a)(g)		09/06/2034		100,333
		HGI CRE CLO Ltd.
	1,400,000	Series 2021-FL1-D (1 mo. Term SOFR + 2.46%, 2.46% Floor)		6.78	%^(a)		06/16/2036		1,397,831
	2,030,000	Series 2021-FL2-D (1 mo. Term SOFR + 2.26%, 2.26% Floor)		6.58	%^(a)		09/17/2036		2,027,605
		HIG RCP LLC
	2,150,000	Series 2023-FL1-B (1 mo. Term SOFR + 3.61%, 3.61% Floor)		7.93	%^(a)		09/19/2038		2,165,549
		Hilton USA Trust
	1,046,000	Series 2016-SFP-A		2.83	%^(a)		11/05/2035		889,582
		Hudson Yards Mortgage Trust
	2,180,000	Series 2025-SPRL-E		6.90	%^(a)(g)		01/13/2040		2,260,932
		JP Morgan Chase Commercial Mortgage Securities
	558,639	Series 2014-C20-C		4.62	%^(g)		07/15/2047		536,893
	4,823,917	Series 2016-JP4-XA		0.70	%^(g)(h)		12/15/2049		25,476
	1,049,000	Series 2019-UES-G		4.60	%^(a)(g)		05/05/2032		956,836
		JPMBB Commercial Mortgage Securities Trust
	1,102,656	Series 2014-C21-C		4.71	%^(g)		08/15/2047		1,086,588
	1,380,527	Series 2015-C31-XA		0.89	%^(g)(h)		08/15/2048		25
	470,000	Series 2015-C33-C		4.78	%^(g)		12/15/2048		446,563
		KREF
	869,113	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.50	%^(a)		02/15/2039		868,818

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,897,500	Series 2021-FL2-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.08	%^(a)		02/15/2039		1,885,908
	1,305,835	Series 2022-FL3-A (1 mo. Term SOFR + 1.45%, 1.45% Floor)		5.77	%^(a)		02/17/2039		1,307,381
		Ladder Capital Commercial Mortgage Securities LLC
	2,532,000	Series 2017-LC26-C		4.71	%^(a)		07/12/2050		2,347,282
		LoanCore
	1,236,500	Series 2021-CRE6-AS (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.08	%^(a)		11/15/2038		1,240,891
	1,440,000	Series 2021-CRE6-D (1 mo. Term SOFR + 2.96%, 2.85% Floor)		7.28	%^(a)		11/15/2038		1,445,041
	2,560,000	Series 2022-CRE7-C (30 day avg SOFR US + 2.50%, 2.50% Floor)		6.80	%^(a)		01/17/2037		2,546,138
	1,180,000	Series 2025-CRE8-D (1 mo. Term SOFR + 2.74%, 2.74% Floor)		7.05	%^(a)		08/17/2042		1,148,816
		LSTAR Commercial Mortgage Trust
	951,575	Series 2016-4-XA		1.68	%^(a)(g)(h)		03/10/2049		3,985
	11,050,241	Series 2017-5-X		1.00	%^(a)(g)(h)		03/10/2050		106,107
		Lument Finance Trust, Inc.
	641,861	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)		5.60	%^(a)		06/15/2039		643,301
	1,890,000	Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor)		6.18	%^(a)		06/15/2039		1,888,840
		Merit 2020
	670,000	Series 2021-STOR-C (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.48	%^(a)		07/15/2038		669,787
		MF1 Multifamily Housing Mortgage Loan Trust
	1,487,000	Series 2021-FL7-B (1 mo. Term SOFR + 1.86%, 1.75% Floor)		6.18	%^(a)		10/16/2036		1,475,406
	1,950,000	Series 2021-FL7-C (1 mo. Term SOFR + 2.16%, 2.05% Floor)		6.48	%^(a)		10/16/2036		1,920,288
	2,218,000	Series 2021-FL7-D (1 mo. Term SOFR + 2.66%, 2.55% Floor)		6.98	%^(a)		10/16/2036		2,160,465
	1,380,000	Series 2024-FL14-A (1 mo. Term SOFR + 1.74%, 1.74% Floor)		6.05	%^(a)		03/19/2039		1,386,124
	1,500,000	Series 2024-FL15-B (1 mo. Term SOFR + 2.49%, 2.49% Floor)		6.81	%^(a)		08/18/2041		1,506,747
	2,100,000	Series 2024-FL16-D (1 mo. Term SOFR + 3.59%, 3.59% Floor)		7.90	%^(a)		11/18/2039		2,077,524
	1,260,000	Series 2025-FL17-D (1 mo. Term SOFR + 2.74%, 2.74% Floor)		7.06	%^(a)		02/18/2040		1,245,906
		Morgan Stanley Bank of America Merrill Lynch Trust
	927,373	Series 2013-C9-B		3.71	%^(g)		05/15/2046		900,532
	1,099,282	Series 2014-C17-E		3.50	%^(a)		08/15/2047		1,071,602
		Morgan Stanley Capital I, Inc.
	2,489,000	Series 2019-NUGS-F (1 mo. Term SOFR + 2.96%, 4.34% Floor)		7.27	%^(a)		12/15/2036		37,869
		Natixis Commercial Mortgage Securities Trust
	1,919,000	Series 2018-FL1-C (Prime Rate + 0.00%, 0.00% Floor)		7.50	%^(a)		06/15/2035		1,022,741
		PFP III Ltd.
	1,095,083	Series 2024-11-B (1 mo. Term SOFR + 2.49%, 2.49% Floor)		6.80	%^(a)		09/17/2039		1,097,427
		Ready Capital Corp.
	1,000,000	Series 2021-FL7-E (1 mo. Term SOFR + 3.51%, 3.40% Floor)		7.83	%^(a)		11/25/2036		999,492
	2,100,000	Series 2023-FL11-B (1 mo. Term SOFR + 3.53%, 3.53% Floor)		7.85	%^(a)		10/25/2039		2,107,560
	980,000	Series 2023-FL12-AS (1 mo. Term SOFR + 3.20%, 3.20% Floor)		7.52	%^(a)		05/25/2038		987,669
		Rialto Real Estate Fund LP
	1,152,931	Series 2022-FL8-A (1 mo. Term SOFR + 2.25%, 2.25% Floor)		6.56	%^(a)		01/19/2037		1,152,237
		RLGH Trust
	1,650,000	Series 2021-TROT-D (1 mo. Term SOFR + 1.83%, 1.71% Floor)		6.14	%^(a)		04/15/2036		1,639,696
		ROCK Trust
	516,000	Series 2024-CNTR-D		7.11	%^(a)		11/13/2041		539,978
		Starwood Property Trust, Inc.
	1,502,258	Series 2022-FL3-A (30 day avg SOFR US + 1.35%, 1.35% Floor)		5.65	%^(a)		11/15/2038		1,502,110
		TCO Commercial Mortgage Trust
	680,000	Series 2024-DPM-C (1 mo. Term SOFR + 1.99%, 1.99% Floor)		6.30	%^(a)		12/15/2039		679,664
		TPG Real Estate Finance Issuer Ltd.
	1,160,000	Series 2021-FL4-B (1 mo. Term SOFR + 1.96%, 1.85% Floor)		6.28	%^(a)		03/15/2038		1,159,311
	1,500,000	Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.46	%^(a)		02/15/2039		1,498,260

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		UBS Commercial Mortgage Trust
	2,325,000	Series 2018-C13-B		4.79	%^(g)		10/15/2051		2,202,275
	295,000	Series 2018-C13-C		5.14	%^(g)		10/15/2051		270,344
	1,097,000	Series 2018-C8-C		4.84	%^(g)		02/15/2051		957,688
	12,439,514	Series 2018-C8-XA		0.96	%^(g)(h)		02/15/2051		224,821
		VASA Trust
	755,000	Series 2021-VASA-A (1 mo. Term SOFR + 1.01%, 0.90% Floor)		5.33	%^(a)		07/15/2039		734,245
		VEGAS Trust
	1,014,000	Series 2024-TI-A		5.52	%^(a)		11/10/2039		1,028,232
		VMC Finance LLC
	1,005,213	Series 2019-FL3-D (1 mo. Term SOFR + 3.26%, 3.15% Floor)		7.58	%^(a)		09/15/2036		990,029
		Wells Fargo Commercial Mortgage Trust
	48,271,256	Series 2025-5C3-XA		1.05	%^(g)(h)		01/15/2058		1,607,829
	1,790,000	Series 2025-VTT-C		6.03	%^(a)(g)		03/15/2038		1,805,528
		WHARF Trust
	1,070,000	Series 2025-DC-E		7.72	%^(a)(g)		07/15/2040		1,099,910
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $161,366,480)							135,039,040
	NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 16.4%
		ACE Securities Corp.
	2,534,168	Series 2007-HE1-A2A (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.61	%		01/25/2037		1,529,176
	1,028,602	Series 2007-HE1-A2D (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.93	%		01/25/2037		620,637
		AMSR Trust
	5,122,000	Series 2021-SFR3-G		3.80	%^(a)		10/17/2038		4,961,826
	2,775,000	Series 2024-SFR1-D		4.29	%^(a)(b)		07/17/2041		2,645,413
	10,000,000	Series 2025-SFR1-D		3.66	%^(a)		06/17/2042		9,152,637
		APS Resecuritization Trust
	6,880,651	Series 2015-3-1MZ (12 Month US Treasury Average + 0.96%, 0.96% Floor)		4.25	%^(a)		10/27/2046		6,066,628
		Asset Backed Securities Corp. Home Equity
	1,499,997	Series 2007-HE2-A4 (1 mo. Term SOFR + 0.34%, 0.23% Floor)		4.66	%		05/25/2037		1,064,139
		Bear Stearns Adjustable Rate Mortgage Trust
	804,368	Series 2006-2-2A1		4.42	%^(g)		07/25/2036		696,613
		Bear Stearns Alt-A Trust
	620,554	Series 2006-4-22A1		4.25	%^(g)		08/25/2036		451,010
		Chase Mortgage Finance Corp.
	1,956,431	Series 2007-S4-A4 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.03	%		06/25/2037		609,997
		Citimortgage Alternative Loan Trust
	506,652	Series 2007-A5-1A10		5.75	%		05/25/2037		471,062
		Connecticut Avenue Securities Trust
	10,000,000	Series 2024-R05-2M2 (30 day avg SOFR US + 1.70%, 0.00% Floor)		6.01	%^(a)		07/25/2044		10,050,822
		Countrywide Alternative Loan Trust
	205,431	Series 2005-75CB-A3		5.50	%		01/25/2036		139,693
	526,378	Series 2006-23CB-2A2		6.50	%		08/25/2036		158,739
	3,244,844	Series 2006-6CB-2A10		6.00	%		05/25/2036		1,227,590
	1,717,651	Series 2006-OA6-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.85	%		07/25/2046		1,539,032
	274,326	Series 2007-15CB-A7		6.00	%		07/25/2037		162,615
	462,864	Series 2008-1R-2A3		6.00	%		08/25/2037		226,667
		Countrywide Home Loan Mortgage Pass Through Trust
	93,768	Series 2005-HYB9-3A2A (12 mo. Term SOFR + 2.47%, 1.75% Floor, 11.00% Cap)		6.66	%		02/20/2036		81,542
	239,889	Series 2007-14-A15		6.50	%		09/25/2037		129,787
	4,697,733	Series 2007-14-A19		6.00	%		09/25/2037		2,356,246
	289,329	Series 2007-HY1-1A1		4.74	%^(g)		04/25/2037		271,116

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Credit Suisse First Boston Mortgage Securities Corp.
	355,721	Series 2005-10-6A9		5.50	%		11/25/2035		124,628
	155,844	Series 2005-9-5A9		5.50	%		10/25/2035		78,397
		Credit Suisse Mortgage Capital Certificates
	341,976	Series 2011-12R-3A5		6.20	%^(a)(g)		07/27/2036		339,760
	1,500,000	Series 2021-NQM6-B1		3.29	%^(a)(g)		07/25/2066		1,043,977
		CSAB Mortgage Backed Trust
	250,707	Series 2006-2-A5A		6.58	%^(b)		09/25/2036		72,595
		DB US Financial Markets Holding Corp.
	86,310	Series 2014-RS1-1A2		6.50	%^(a)(g)		07/27/2037		72,851
		Deutsche ALT-A Securities, Inc.
	150,344	Series 2006-AB4-A1A		6.01	%^(g)		10/25/2036		131,445
		Fannie Mae Connecticut Avenue Securities
	6,200,000	Series 2024-R01-1M2 (30 day avg SOFR US + 1.80%, 0.00% Floor)		6.11	%^(a)		01/25/2044		6,274,828
	7,500,000	Series 2025-R04-1M2 (30 day avg SOFR US + 1.50%, 0.00% Floor)		5.81	%^(a)		05/25/2045		7,519,285
		FirstKey Homes Trust
	6,452,000	Series 2021-SFR1-F1		3.24	%^(a)		08/17/2038		6,273,731
		Freddie Mac Structured Agency Credit Risk Debt Notes
	4,300,000	Series 2024-DNA1-M2 (30 day avg SOFR US + 1.95%, 0.00% Floor)		6.26	%^(a)		02/25/2044		4,367,601
		Freedom Mortgage Parent LLC
	8,000,000	Series 2021-GT1-A		3.62	%^(a)(g)		07/25/2026		7,590,127
		GCAT
	500,000	Series 2019-NQM3-B1		3.95	%^(a)(g)		11/25/2059		432,671
		Home Partners of America Trust
	6,410,959	Series 2019-2-F		3.87	%^(a)		10/19/2039		6,143,344
		Impac Secured Assets CMN Owner Trust
	624,504	Series 2006-5-1A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor, 11.50% Cap)		4.97	%		02/25/2037		575,343
		JP Morgan Mortgage Trust
	401,115	Series 2005-S3-1A2		5.75	%		01/25/2036		172,104
	270,407	Series 2007-A2-4A1M		4.75	%^(g)		04/25/2037		222,655
		Legacy Mortgage Asset Trust
	3,649,862	Series 2021-GS1-A2		7.84	%^(a)(b)		10/25/2066		3,651,979
		Lehman Mortgage Trust
	103,408	Series 2006-1-1A3		5.50	%		02/25/2036		47,887
		Mastr Adjustable Rate Mortgages Trust
	67,831	Series 2006-2-2A1		7.35	%^(g)		04/25/2036		31,955
		Merrill Lynch Alternative Note Asset
	257,797	Series 2007-F1-2A7		6.00	%		03/25/2037		85,143
		Merrill Lynch Mortgage Investors, Inc.
	535,098	Series 2006-AF1-AF2C		6.25	%		08/25/2036		205,065
		Morgan Stanley Mortgage Loan Trust
	4,195,013	Series 2005-7-3A1		4.63	%^(g)		11/25/2035		2,280,280
	67,850	Series 2005-7-4A1		5.50	%		11/25/2035		40,016
	269,178	Series 2006-2-7A1		5.44	%^(g)		02/25/2036		150,348
	412,715	Series 2007-8XS-A1		5.75	%^(g)		04/25/2037		199,698
		Morgan Stanley Resecuritization Trust
	6,539,495	Series 2013-R7-8B (12 Month US Treasury Average + 0.96%, 0.96% Floor)		5.46	%^(a)		12/26/2046		6,247,311
		New Century Home Equity Loan Trust
	796,142	Series 2006-1-A2B (1 mo. Term SOFR + 0.47%, 0.36% Floor, 12.50% Cap)		4.79	%		05/25/2036		799,288
		Novastar Home Equity Loan
	9,309,307	Series 2006-3-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor, 11.00% Cap)		4.75	%		10/25/2036		4,228,814
		Onslow Bay Mortgage Loan Trust
	1,375,000	Series 2024-NQM18-M1		6.17	%^(a)(g)		10/25/2064		1,383,860
		PennyMac Mortgage Investment Trust
	500,000	Series 2021-FT1-A (1 mo. Term SOFR + 3.11%, 3.12% Floor)		7.43	%^(a)		03/25/2026		502,746
		Progress Residential Trust
	8,100,000	Series 2021-SFR3-F		3.44	%^(a)		05/17/2026		7,988,242
	6,000,000	Series 2024-SFR3-E1		4.00	%^(a)		06/17/2041		5,635,141
		PRPM LLC
	4,962,826	Series 2025-3-A1		6.26	%^(a)(b)		05/25/2030		5,080,624
	7,000,000	Series 2025-4-A1		6.18	%^(a)(b)		06/25/2030		7,094,745

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		RALI Trust
	229,357	Series 2006-QS12-2A3		6.00	%		09/25/2036		186,062
		Residential Asset Securitization Trust
	1,488,931	Series 2005-A15-5A2		5.75	%		02/25/2036		498,743
	345,150	Series 2006-A2-A11		6.00	%		01/25/2046		124,705
		Residential Mortgage Loan Trust
	5,750,000	Series 2020-1-B1		3.95	%^(a)(g)		01/26/2060		5,509,169
		RFMSI Trust
	2,324,003	Series 2006-S8-A10		6.00	%		09/25/2036		1,855,891
		Soundview Home Equity Loan Trust
	4,055,333	Series 2007-OPT1-2A2 (1 mo. Term SOFR + 0.26%, 0.15% Floor)		4.58	%		06/25/2037		2,669,947
		Starwood Mortgage Residential Trust
	1,116,000	Series 2019-INV1-B1		3.66	%^(a)(g)		09/27/2049		1,051,510
		Structured Adjustable Rate Mortgage Loan Trust
	449,738	Series 2005-22-4A1		5.50	%^(g)		12/25/2035		418,244
		Structured Asset Securities Corp.
	6,573,802	Series 2007-OSI-A4 (1 mo. Term SOFR + 0.31%, 0.20% Floor)		4.83	%		06/25/2037		4,356,235
	4,596,267	Series 2007-RF1-1A (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.62	%^(a)		03/25/2037		3,782,439
		TBW Mortgage Backed Pass Through Certificates
	13,414,977	Series 2006-3-4A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 7.50% Cap)		4.83	%		07/25/2036		993,442
	13,415,064	Series 2006-3-4A3 (-1 x 1 mo. Term SOFR + 6.99%, 0.00% Floor, 7.10% Cap)		2.67	%^(h)(i)		07/25/2036		602,959
		Tricon American Homes Trust
	5,000,000	Series 2019-SFR1-F		3.75	%^(a)		03/17/2038		4,924,491
		VCAT Asset Securitization LLC
	6,776,011	Series 2025-NPL1-A1		5.88	%^(a)(b)		01/25/2055		6,794,222
	7,035,787	Series 2025-NPL2-A1		5.98	%^(a)(b)		01/25/2055		7,055,217
		Velocity Commercial Capital Loan Trust
	1,006,289	Series 2018-2-M2		4.51	%^(a)(g)		10/26/2048		960,236
	256,024	Series 2018-2-M3		4.72	%^(a)(g)		10/26/2048		238,277
	869,805	Series 2019-1-M5		5.70	%^(a)(g)		03/25/2049		739,910
	1,058,964	Series 2019-2-M4		3.99	%^(a)(g)		07/25/2049		874,757
		Verus Securitization Trust
	3,100,000	Series 2019-INV3-B1		3.73	%^(a)(g)		11/25/2059		3,022,910
	2,600,000	Series 2021-3-B1		3.20	%^(a)(g)		06/25/2066		1,857,019
	5,000,000	Series 2021-7-B1		4.14	%^(a)(g)		10/25/2066		3,898,714
	3,000,000	Series 2021-R2-B1		3.25	%^(a)(g)		02/25/2064		2,370,532
	4,750,000	Series 2024-6-M1		6.18	%^(a)(g)		07/25/2069		4,773,893
	2,000,000	Series 2024-9-M1		6.20	%^(a)(g)		11/25/2069		2,014,821
	6,125,000	Series 2025-1-M1		6.51	%^(a)(g)		01/25/2070		6,218,104
	1,093,000	Series 2025-2-B1		6.97	%^(a)		03/25/2070		1,094,744
		WaMu Mortgage Pass Through Certificates
	636,755	Series 2007-HY6-2A2		3.91	%^(g)		06/25/2037		558,990
		Washington Mutual Alternative Mortgage Pass-Through Certificates
	419,041	Series 2006-2-4CB		6.00	%		03/25/2036		414,021
		Wells Fargo Alternative Loan Trust
	199,289	Series 2007-PA5-1A1		6.25	%		11/25/2037		179,332
		Wells Fargo Home Equity Trust
	4,534,286	Series 2007-2-A4 (1 mo. Term SOFR + 0.71%, 0.60% Floor)		5.03	%		04/25/2037		3,291,534
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $231,688,081)							205,032,541
	US CORPORATE BONDS - 4.0%
	215,000	AAR Escrow Issuer LLC		6.75	%^(a)		03/15/2029		222,952
	425,000	Academy Ltd.		6.00	%^(a)		11/15/2027		426,420
	75,000	Acrisure LLC / Acrisure Finance, Inc.		6.00	%^(a)		08/01/2029		72,980
	240,000	Acrisure LLC / Acrisure Finance, Inc.		6.75	%^(a)		07/01/2032		243,612

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	275,000	Acuris Finance US, Inc. / Acuris Finance SARL		5.00	%^(a)		05/01/2028		262,654
	90,000	Acushnet Co.		7.38	%^(a)		10/15/2028		93,922
	95,000	AdaptHealth LLC		5.13	%^(a)		03/01/2030		90,354
	450,000	Advanced Drainage Systems, Inc.		6.38	%^(a)		06/15/2030		460,585
	240,000	Aethon United BR LP / Aethon United Finance Corp.		7.50	%^(a)		10/01/2029		251,923
	215,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer		6.75	%^(a)		10/15/2027		215,319
	245,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer		6.50	%^(a)		10/01/2031		249,863
	280,000	Allied Universal Holdco LLC		7.88	%^(a)		02/15/2031		292,763
	200,000	Allied Universal Holdco LLC / Allied Universal Finance Corp.		6.00	%^(a)		06/01/2029		194,696
	60,000	AMC Entertainment Holdings, Inc.		7.50	%^(a)		02/15/2029		47,349
	115,000	Amentum Holdings, Inc.		7.25	%^(a)		08/01/2032		118,434
	165,000	American Airlines, Inc.		8.50	%^(a)		05/15/2029		173,111
	100,000	American Axle & Manufacturing, Inc.		5.00	%		10/01/2029		91,590
	185,000	AmWINS Group, Inc.		4.88	%^(a)		06/30/2029		179,901
	110,000	Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp.		7.00	%^(a)		04/15/2030		102,869
	40,000	Anywhere Real Estate Group LLC / Realogy Co.-Issuer Corp.		5.25	%^(a)		04/15/2030		32,818
	80,000	APH / APH2 / APH3		7.88	%^(a)		11/01/2029		81,900
	230,000	Archrock Partners LP / Archrock Partners Finance Corp.		6.63	%^(a)		09/01/2032		234,486
	90,000	Arcosa, Inc.		6.88	%^(a)		08/15/2032		93,460
	410,000	Arsenal AIC Parent LLC		8.00	%^(a)		10/01/2030		438,061
	30,000	Artera Services LLC		8.50	%^(a)		02/15/2031		25,006
	130,000	Ashton Woods USA LLC / Ashton Woods Finance Co.		4.63	%^(a)		04/01/2030		124,122
	170,000	AssuredPartners, Inc.		5.63	%^(a)		01/15/2029		169,656
	165,000	AthenaHealth Group, Inc.		6.50	%^(a)		02/15/2030		162,561
	285,000	Avient Corp.		6.25	%^(a)		11/01/2031		287,843
	130,000	Azorra Finance Ltd.		7.75	%^(a)		04/15/2030		135,674
	225,000	Azorra Finance Ltd.		7.25	%^(a)		01/15/2031		230,270
	230,000	Bausch + Lomb Corp.		8.38	%^(a)		10/01/2028		240,350
	60,000	Bausch Health Americas, Inc.		8.50	%^(a)		01/31/2027		57,189
	170,000	Bausch Health Cos., Inc.		4.88	%^(a)		06/01/2028		143,544
	90,000	Bausch Health Cos., Inc.		5.25	%^(a)		01/30/2030		57,068
	15,000	Bausch Health Cos., Inc.		14.00	%^(a)		10/15/2030		13,136
	220,000	Blue Racer Midstream LLC / Blue Racer Finance Corp.		7.25	%^(a)		07/15/2032		233,264
	60,000	Brand Industrial Services, Inc.		10.38	%^(a)		08/01/2030		55,433
	315,000	Buckeye Partners LP		6.88	%^(a)		07/01/2029		326,544
	265,000	Builders FirstSource, Inc.		6.38	%^(a)		03/01/2034		270,385
	150,000	Builders FirstSource, Inc.		6.75	%^(a)		05/15/2035		154,630
	100,000	CACI International, Inc.		6.38	%^(a)		06/15/2033		103,320
	335,000	Caesars Entertainment, Inc.		6.00	%^(a)		10/15/2032		328,748
	340,000	Carnival Corp.		5.75	%^(a)		03/01/2027		343,020
	570,000	Carnival Corp.		5.88	%^(a)		06/15/2031		581,044
	81,639	Carvana Co. 9.00% Cash or 12.00% PIK		9.00	%^(a)		12/01/2028		83,821
	135,000	Carvana Co. 11.00% Cash or 13.00% PIK		11.00	%^(a)		06/01/2030		142,055
	36,000	Castle US Holding Corp.		10.00	%^(a)		06/30/2031		15,660
	285,000	CCO Holdings LLC / CCO Holdings Capital Corp.		5.13	%^(a)		05/01/2027		284,278
	550,000	CCO Holdings LLC / CCO Holdings Capital Corp.		4.75	%^(a)		03/01/2030		533,251
	255,000	CCO Holdings LLC / CCO Holdings Capital Corp.		4.75	%^(a)		02/01/2032		242,034
	135,000	Celanese US Holdings LLC		6.50	%		04/15/2030		138,280
	135,000	Celanese US Holdings LLC		6.75	%		04/15/2033		136,512
	65,000	Central Parent LLC / CDK Global II LLC / CDK Financing Co., Inc.		8.00	%^(a)		06/15/2029		53,810
	265,000	Chord Energy Corp.		6.75	%^(a)		03/15/2033		270,896
	205,000	CHS/Community Health Systems, Inc.		6.00	%^(a)		01/15/2029		197,349
	85,000	CHS/Community Health Systems, Inc.		6.88	%^(a)		04/15/2029		67,845
	145,000	CHS/Community Health Systems, Inc.		4.75	%^(a)		02/15/2031		124,080
	100,000	Civitas Resources, Inc.		8.38	%^(a)		07/01/2028		102,516
	140,000	Clarios Global LP / Clarios US Finance Co.		6.75	%^(a)		05/15/2028		143,827
	555,000	Clarios Global LP / Clarios US Finance Co.		6.75	%^(a)		02/15/2030		577,526
	90,000	Clarivate Science Holdings Corp.		4.88	%^(a)		07/01/2029		84,833
	70,000	Clear Channel Outdoor Holdings, Inc.		7.50	%^(a)		06/01/2029		64,800
	110,000	Clear Channel Outdoor Holdings, Inc.		7.88	%^(a)		04/01/2030		113,647
	305,000	Clearway Energy Operating LLC		4.75	%^(a)		03/15/2028		301,561

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	155,000	Cleveland-Cliffs, Inc.		6.88	%^(a)		11/01/2029		152,742
	135,000	Cloud Software Group, Inc.		6.50	%^(a)		03/31/2029		136,344
	90,000	Cloud Software Group, Inc.		9.00	%^(a)		09/30/2029		93,371
	160,000	Clydesdale Acquisition Holdings, Inc.		6.75	%^(a)		04/15/2032		164,303
	205,000	CNX Midstream Partners LP		4.75	%^(a)		04/15/2030		194,172
	185,000	CNX Resources Corp.		6.00	%^(a)		01/15/2029		185,860
	47,000	CommScope LLC		4.75	%^(a)		09/01/2029		45,944
	110,000	CommScope LLC		9.50	%^(a)		12/15/2031		115,274
	65,000	CommScope Technologies LLC		5.00	%^(a)		03/15/2027		63,366
	115,000	CoreWeave, Inc.		9.25	%^(a)		06/01/2030		117,666
	30,000	Cornerstone Building Brands, Inc.		6.13	%^(a)		01/15/2029		21,781
	155,000	Cornerstone Building Brands, Inc.		9.50	%^(a)		08/15/2029		142,630
	110,000	Cougar JV Subsidiary LLC		8.00	%^(a)		05/15/2032		117,361
	470,000	CQP Holdco LP / BIP-V Chinook Holdco LLC		5.50	%^(a)		06/15/2031		464,631
	430,000	CSC Holdings LLC		6.50	%^(a)		02/01/2029		350,014
	100,000	Dana, Inc.		5.38	%		11/15/2027		100,405
	65,000	Dana, Inc.		4.25	%		09/01/2030		64,105
	290,000	Dcli Bidco LLC		7.75	%^(a)		11/15/2029		294,003
	150,000	Dealer Tire LLC / DT Issuer LLC		8.00	%^(a)		02/01/2028		145,018
	75,000	Diebold Nixdorf, Inc.		7.75	%^(a)		03/31/2030		79,755
	190,000	Directv Financing LLC / Directv Financing Co.-Obligor, Inc.		5.88	%^(a)		08/15/2027		189,499
	260,000	DISH DBS Corp.		5.75	%^(a)		12/01/2028		225,550
	110,000	DISH DBS Corp.		5.13	%		06/01/2029		73,425
	120,000	Dornoch Debt Merger Sub, Inc.		6.63	%^(a)		10/15/2029		93,076
	210,000	EchoStar Corp.		10.75	%		11/30/2029		216,478
	440,000	Ellucian Holdings, Inc.		6.50	%^(a)		12/01/2029		451,085
	70,000	Embarq LLC		8.00	%		06/01/2036		32,139
	320,000	EMRLD Borrower LP / Emerald Co.-Issuer, Inc.		6.63	%^(a)		12/15/2030		327,495
	85,000	Energizer Holdings, Inc.		6.50	%^(a)		12/31/2027		86,049
	320,000	Everi Holdings, Inc.		5.00	%^(a)		07/15/2029		323,559
	65,000	Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.		6.75	%^(a)		01/15/2030		60,035
	145,000	Fortress Transportation and Infrastructure Investors LLC		5.88	%^(a)		04/15/2033		143,293
	170,000	Freedom Mortgage Holdings LLC		8.38	%^(a)		04/01/2032		171,967
	208,218	Frontier Communications Holdings LLC		5.88	%		11/01/2029		210,458
	115,000	Full House Resorts, Inc.		8.25	%^(a)		02/15/2028		111,822
	150,000	Gates Corp./DE		6.88	%^(a)		07/01/2029		155,943
	445,000	Genesee & Wyoming, Inc.		6.25	%^(a)		04/15/2032		454,622
	200,000	Genting New York LLC / GENNY Capital, Inc.		7.25	%^(a)		10/01/2029		207,652
	140,000	Goat Holdco LLC		6.75	%^(a)		02/01/2032		142,446
	95,000	Goodyear Tire & Rubber Co.		5.25	%		07/15/2031		91,151
	80,000	GrafTech Finance, Inc.		4.63	%^(a)		12/23/2029		55,200
	110,000	Gray Media, Inc.		10.50	%^(a)		07/15/2029		118,258
	415,000	Griffon Corp.		5.75	%		03/01/2028		415,213
	150,000	Group 1 Automotive, Inc.		6.38	%^(a)		01/15/2030		154,311
	240,000	Gulfport Energy Operating Corp.		6.75	%^(a)		09/01/2029		246,265
	305,000	Harvest Midstream I LP		7.50	%^(a)		05/15/2032		322,363
	315,000	Helios Software Holdings, Inc. / ION Corporate Solutions Finance Sarl		4.63	%^(a)		05/01/2028		298,277
	155,000	Herc Holdings, Inc.		7.00	%^(a)		06/15/2030		161,972
	140,000	Hess Midstream Operations LP		5.50	%^(a)		10/15/2030		140,716
	110,000	Hightower Holding LLC		6.75	%^(a)		04/15/2029		109,720
	125,000	Hilcorp Energy I LP / Hilcorp Finance Co.		7.25	%^(a)		02/15/2035		122,348
	195,000	HUB International Ltd.		7.25	%^(a)		06/15/2030		203,925
	150,000	Icahn Enterprises LP / Icahn Enterprises Finance Corp.		5.25	%		05/15/2027		145,467
	200,000	Illuminate Buyer LLC / Illuminate Holdings IV, Inc.		9.00	%^(a)		07/01/2028		201,117
	335,000	Installed Building Products, Inc.		5.75	%^(a)		02/01/2028		335,366
	195,000	IQVIA, Inc.		6.25	%^(a)		06/01/2032		200,356
	195,000	Iron Mountain, Inc.		7.00	%^(a)		02/15/2029		201,994
	50,000	Iron Mountain, Inc.		6.25	%^(a)		01/15/2033		51,445
	110,000	JetBlue Airways Corp. / JetBlue Loyalty LP		9.88	%^(a)		09/20/2031		107,086
	320,000	Kodiak Gas Services LLC		7.25	%^(a)		02/15/2029		331,216
	115,000	Level 3 Financing, Inc.		3.75	%^(a)		07/15/2029		97,319
	195,000	Level 3 Financing, Inc.		4.50	%^(a)		04/01/2030		177,450

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	285,000	Level 3 Financing, Inc.		6.88	%^(a)		06/30/2033		290,199
	150,000	LFS Topco LLC		5.88	%^(a)		10/15/2026		150,084
	80,000	LFS Topco LLC		8.75	%^(a)		07/15/2030		78,759
	335,000	Life Time, Inc.		6.00	%^(a)		11/15/2031		340,552
	190,000	LifePoint Health, Inc.		10.00	%^(a)		06/01/2032		196,254
	220,000	Light & Wonder International, Inc.		7.25	%^(a)		11/15/2029		226,794
	135,000	Lightning Power LLC		7.25	%^(a)		08/15/2032		142,168
	95,000	Live Nation Entertainment, Inc.		6.50	%^(a)		05/15/2027		96,468
	460,000	M/I Homes, Inc.		4.95	%		02/01/2028		457,402
	550,000	Madison IAQ LLC		5.88	%^(a)		06/30/2029		541,420
	180,000	Matador Resources Co.		6.50	%^(a)		04/15/2032		180,213
	210,000	Match Group Holdings II LLC		5.00	%^(a)		12/15/2027		208,999
	70,000	Mativ Holdings, Inc.		8.00	%^(a)		10/01/2029		63,513
	90,000	Mavis Tire Express Services Topco Corp.		6.50	%^(a)		05/15/2029		88,476
	65,000	McAfee Corp.		7.38	%^(a)		02/15/2030		61,449
	120,000	McGraw-Hill Education, Inc.		5.75	%^(a)		08/01/2028		120,806
	45,000	McGraw-Hill Education, Inc.		7.38	%^(a)		09/01/2031		46,976
	345,000	Medline Borrower LP		5.25	%^(a)		10/01/2029		342,562
	135,000	Medline Borrower LP/Medline Co.-Issuer, Inc.		6.25	%^(a)		04/01/2029		138,852
	115,000	Michaels Cos., Inc.		5.25	%^(a)		05/01/2028		92,518
	160,000	Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp.		4.88	%^(a)		05/01/2029		154,223
	220,000	Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC		6.75	%^(a)		04/01/2032		225,782
	145,000	Nabors Industries, Inc.		9.13	%^(a)		01/31/2030		138,953
	230,000	Nationstar Mortgage Holdings, Inc.		6.00	%^(a)		01/15/2027		230,392
	85,000	Navient Corp.		5.00	%		03/15/2027		84,715
	85,000	Navient Corp.		7.88	%		06/15/2032		88,506
	39,000	NCL Corp. Ltd.		5.88	%^(a)		03/15/2026		39,203
	500,000	NCL Corp. Ltd.		6.25	%^(a)		03/01/2030		504,580
	540,000	NCL Corp. Ltd.		6.75	%^(a)		02/01/2032		552,017
	90,000	NGL Energy Operating LLC / NGL Energy Finance Corp.		8.13	%^(a)		02/15/2029		90,996
	540,000	Novelis Corp.		6.88	%^(a)		01/30/2030		558,660
	150,000	NRG Energy, Inc.		6.00	%^(a)		02/01/2033		151,589
	105,000	Olin Corp.		6.63	%^(a)		04/01/2033		103,474
	200,000	Olympus Water US Holding Corp.		9.75	%^(a)		11/15/2028		210,856
	20,000	OneMain Finance Corp.		7.13	%		03/15/2026		20,309
	220,000	OneMain Finance Corp.		6.63	%		01/15/2028		227,331
	265,000	OneMain Finance Corp.		7.50	%		05/15/2031		277,075
	100,000	OneMain Finance Corp.		7.13	%		09/15/2032		103,652
	190,000	Outfront Media Capital LLC / Outfront Media Capital Corp.		7.38	%^(a)		02/15/2031		201,300
	170,000	Panther Escrow Issuer LLC		7.13	%^(a)		06/01/2031		176,699
	310,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer		7.00	%^(a)		02/01/2030		319,010
	55,000	PBF Holding Co. LLC / PBF Finance Corp.		6.00	%		02/15/2028		52,644
	75,000	Penn Entertainment, Inc.		4.13	%^(a)		07/01/2029		69,542
	110,000	PennyMac Financial Services, Inc.		4.25	%^(a)		02/15/2029		105,853
	120,000	PennyMac Financial Services, Inc.		7.88	%^(a)		12/15/2029		127,512
	105,000	PennyMac Financial Services, Inc.		6.88	%^(a)		05/15/2032		107,425
	190,000	Permian Resources Operating LLC		7.00	%^(a)		01/15/2032		197,088
	115,000	Permian Resources Operating LLC		6.25	%^(a)		02/01/2033		116,141
	250,000	PetSmart, Inc. / PetSmart Finance Corp.		7.75	%^(a)		02/15/2029		243,180
	175,000	Pike Corp.		5.50	%^(a)		09/01/2028		175,007
	100,000	Pike Corp.		8.63	%^(a)		01/31/2031		108,883
	185,000	Post Holdings, Inc.		6.38	%^(a)		03/01/2033		187,149
	60,000	Premier Entertainment Sub LLC / Premier Entertainment Finance Corp.		5.63	%^(a)		09/01/2029		34,425
	95,000	Prime Security Services Borrower LLC / Prime Finance, Inc.		6.25	%^(a)		01/15/2028		95,234
	515,000	Primo Water Holdings, Inc. / Triton Water Holdings, Inc.		6.25	%^(a)		04/01/2029		519,017
	720,000	Quikrete Holdings, Inc.		6.75	%^(a)		03/01/2033		743,365
	105,000	QXO Building Products, Inc.		6.75	%^(a)		04/30/2032		108,434
	35,000	Radiate Holdco LLC / Radiate Finance, Inc.		4.50	%^(a)		09/15/2026		29,957
	85,295	Radiology Partners, Inc. 9.78% Cash or 9.78% PIK		9.78	%^(a)		02/15/2030		83,909
	270,000	Radiology Partners, Inc.		8.50	%^(a)		07/15/2032		270,967
	355,000	RFNA LP		7.88	%^(a)		02/15/2030		363,572

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	245,000	RHP Hotel Properties LP / RHP Finance Corp.		6.50	%^(a)		06/15/2033		252,196
	410,000	Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp.		6.63	%^(a)		02/01/2033		410,858
	145,000	Rocket Cos., Inc.		6.13	%^(a)		08/01/2030		147,850
	145,000	Rocket Cos., Inc.		6.38	%^(a)		08/01/2033		148,545
	335,000	Rockies Express Pipeline LLC		6.75	%^(a)		03/15/2033		350,048
	255,000	Royal Caribbean Cruises Ltd.		5.50	%^(a)		08/31/2026		256,062
	95,000	Royal Caribbean Cruises Ltd.		5.63	%^(a)		09/30/2031		95,640
	130,000	Royal Caribbean Cruises Ltd.		6.25	%^(a)		03/15/2032		133,706
	30,000	Sabre GLBL, Inc.		8.63	%^(a)		06/01/2027		30,731
	220,000	Sabre GLBL, Inc.		10.75	%^(a)		11/15/2029		226,885
	105,000	Scientific Games Holdings LP/Scientific Games US FinCo, Inc.		6.63	%^(a)		03/01/2030		101,270
	210,000	Sealed Air Corp./Sealed Air Corp. US		7.25	%^(a)		02/15/2031		221,283
	290,000	Select Medical Corp.		6.25	%^(a)		12/01/2032		291,923
	50,000	Service Properties Trust		5.50	%		12/15/2027		49,571
	105,000	Service Properties Trust		8.88	%		06/15/2032		108,054
	355,000	Sirius XM Radio LLC		5.50	%^(a)		07/01/2029		352,892
	90,000	Sitio Royalties Operating Partnership LP / Sitio Finance Corp.		7.88	%^(a)		11/01/2028		94,292
	260,000	Six Flags Entertainment Corp.		7.25	%^(a)		05/15/2031		267,361
	235,000	Six Flags Entertainment Corp. / Canada's Wonderland Co. / Magnum Management Corp.		5.25	%		07/15/2029		230,281
	180,000	SM Energy Co.		7.00	%^(a)		08/01/2032		177,557
	140,000	Sonic Automotive, Inc.		4.63	%^(a)		11/15/2029		135,938
	180,000	Sotera Health Holdings LLC		7.38	%^(a)		06/01/2031		187,505
	85,000	Spirit AeroSystems, Inc.		9.75	%^(a)		11/15/2030		93,849
	115,000	Standard Building Solutions, Inc.		6.50	%^(a)		08/15/2032		117,908
	155,000	Staples, Inc.		10.75	%^(a)		09/01/2029		147,471
	150,000	Star Leasing Co. LLC		7.63	%^(a)		02/15/2030		148,871
	140,000	Starwood Property Trust, Inc.		7.25	%^(a)		04/01/2029		147,430
	155,000	Starwood Property Trust, Inc.		6.00	%^(a)		04/15/2030		156,877
	25,000	Starz Capital Holdings LLC		5.50	%^(a)		04/15/2029		20,852
	330,000	Station Casinos LLC		6.63	%^(a)		03/15/2032		337,635
	135,000	Suburban Propane Partners LP/Suburban Energy Finance Corp.		5.00	%^(a)		06/01/2031		127,807
	205,000	SunCoke Energy, Inc.		4.88	%^(a)		06/30/2029		190,965
	115,000	Sunoco LP / Sunoco Finance Corp.		6.00	%		04/15/2027		115,040
	40,000	SWF Holdings I Corp.		6.50	%^(a)		10/01/2029		15,500
	190,000	Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.		7.38	%^(a)		02/15/2029		195,399
	80,000	Tenet Healthcare Corp.		6.25	%		02/01/2027		80,047
	85,000	Tenet Healthcare Corp.		6.13	%		10/01/2028		85,172
	220,000	Tenet Healthcare Corp.		6.13	%		06/15/2030		224,100
	215,000	TransDigm, Inc.		6.88	%^(a)		12/15/2030		223,235
	280,000	TransDigm, Inc.		6.38	%^(a)		05/31/2033		280,954
	81,375	Transocean Poseidon Ltd.		6.88	%^(a)		02/01/2027		81,562
	70,000	Transocean, Inc.		8.00	%^(a)		02/01/2027		69,005
	270,000	Trident TPI Holdings, Inc.		12.75	%^(a)		12/31/2028		286,748
	225,000	UKG, Inc.		6.88	%^(a)		02/01/2031		233,595
	225,000	United Airlines, Inc.		4.63	%^(a)		04/15/2029		218,555
	1,180,000	United Natural Foods, Inc.		6.75	%^(a)		10/15/2028		1,165,795
	75,000	Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC		10.50	%^(a)		02/15/2028		79,560
	120,000	Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC		8.63	%^(a)		06/15/2032		121,321
	160,000	Univision Communications, Inc.		4.50	%^(a)		05/01/2029		145,628
	60,000	Univision Communications, Inc.		8.50	%^(a)		07/31/2031		60,121
	90,000	Upbound Group, Inc.		6.38	%^(a)		02/15/2029		89,141
	335,000	US Foods, Inc.		5.75	%^(a)		04/15/2033		335,486
	435,000	Vail Resorts, Inc.		6.50	%^(a)		05/15/2032		449,739
	155,000	Venture Global LNG, Inc.		8.13	%^(a)		06/01/2028		160,296
	100,000	Venture Global LNG, Inc.		8.38	%^(a)		06/01/2031		103,935
	80,000	Venture Global LNG, Inc.		9.88	%^(a)		02/01/2032		86,447
	50,000	Venture Global Plaquemines LNG LLC		7.50	%^(a)		05/01/2033		53,576
	165,000	Venture Global Plaquemines LNG LLC		6.50	%^(a)		01/15/2034		165,000
	100,000	Veritiv Operating Co.		10.50	%^(a)		11/30/2030		108,374
	200,000	Victra Holdings LLC / Victra Finance Corp.		8.75	%^(a)		09/15/2029		209,776

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	230,000	Viking Cruises Ltd.		5.88	%^(a)		09/15/2027		230,272
	195,000	Viking Cruises Ltd.		9.13	%^(a)		07/15/2031		210,137
	115,000	Vistra Operations Co. LLC		7.75	%^(a)		10/15/2031		122,309
	135,000	Vistra Operations Co. LLC		6.88	%^(a)		04/15/2032		141,228
	135,000	Vital Energy, Inc.		7.88	%^(a)		04/15/2032		115,532
	5,040	Vortex Opco LLC (3 mo. Term SOFR + 6.25%, 0.50% Floor)		10.54	%^(a)		04/30/2030		4,977
	185,000	Voyager Parent LLC		9.25	%^(a)		07/01/2032		192,595
	260,000	VT Topco, Inc.		8.50	%^(a)		08/15/2030		274,328
	50,000	Walgreens Boots Alliance, Inc.		4.80	%		11/18/2044		47,795
	180,000	Walker & Dunlop, Inc.		6.63	%^(a)		04/01/2033		185,149
	120,000	Wand NewCo 3, Inc.		7.63	%^(a)		01/30/2032		126,219
	235,000	Watco Cos. LLC / Watco Finance Corp.		7.13	%^(a)		08/01/2032		245,823
	120,000	Wayfair LLC		7.25	%^(a)		10/31/2029		120,354
	85,000	Weatherford International Ltd.		8.63	%^(a)		04/30/2030		87,668
	285,000	WESCO Distribution, Inc.		6.38	%^(a)		03/15/2033		294,773
	145,000	Whirlpool Corp.		6.50	%		06/15/2033		145,601
	150,000	Windstream Services LLC / Windstream Escrow Finance Corp.		8.25	%^(a)		10/01/2031		157,221
	160,000	WR Grace Holdings LLC		5.63	%^(a)		08/15/2029		144,980
	630,000	XHR LP		6.63	%^(a)		05/15/2030		642,674
	215,000	XPO, Inc.		7.13	%^(a)		06/01/2031		225,601
		Total US Corporate Bonds (Cost $49,947,902)							50,388,829
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 13.1%
		Federal Home Loan Mortgage Corp.
	4,471,269	Pool RJ1071		6.00	%		03/01/2054		4,597,094
	4,518,622	Pool SD5141		6.00	%		04/01/2054		4,620,154
	2,926,109	Pool SD5964		5.50	%		11/01/2053		2,959,601
	5,392,442	Pool SL0223		5.50	%		02/01/2055		5,432,465
	445,205	Series 3926-HS (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		2.03	%^(h)(i)		09/15/2041		38,530
	2,031,740	Series 4631-FA (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		11/15/2046		1,991,699
	1,241,492	Series 4981-GF (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)		4.82	%		06/25/2050		1,209,818
	3,310,408	Series 5020-IH		3.00	%^(h)		08/25/2050		553,875
	3,879,682	Series 5031-IQ		2.50	%^(h)		10/25/2050		606,774
	9,468,963	Series 5142-QI		3.00	%^(h)		09/25/2051		1,579,455
	7,957,785	Series 5181-EI		2.50	%^(h)		05/25/2050		1,133,358
	2,739,914	Series 5481-FC (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		12/25/2054		2,762,125
	4,760,984	Series 5524-AF (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		04/25/2055		4,729,688
	4,009,365	Series 5524-FB (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		04/25/2055		3,974,982
	4,017,575	Series 5527-FC (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		09/25/2054		4,010,492
	1,517,560	Series 5527-FD (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.51	%		09/25/2054		1,514,884
	12,011,173	Series 5531-AI		3.50	%^(h)		06/25/2041		1,523,698
	1,601,844	Series 5543-FM (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		5.81	%		06/25/2055		1,616,800
		Federal National Mortgage Association
	3,334,643	Pool CB7268		6.00	%		10/01/2053		3,421,732
	2,775,802	Pool CB7996		6.00	%		02/01/2054		2,854,048
	3,944,335	Pool CB8845		5.50	%		07/01/2054		3,994,619
	8,239,216	Pool CB9973		5.50	%		02/01/2055		8,309,271
	4,498,030	Pool FS6422		6.00	%		11/01/2053		4,662,029
	1,949,427	Pool FS7738		6.00	%		03/01/2054		2,015,023
	2,814,027	Pool FS8152		6.00	%		06/01/2054		2,883,674
	3,504,721	Pool MA5615		6.00	%		02/01/2055		3,563,910
	5,370,411	Series 2013-12-FT (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)		4.77	%		02/25/2043		5,272,205

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	6,899,296	Series 2017-11-SK (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.63	%^(h)(i)		03/25/2047		829,100
	3,802,259	Series 2019-57-LF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		10/25/2049		3,681,480
	19,756,572	Series 2019-M7-X		0.44	%^(g)(h)		04/25/2029		208,772
	6,581,164	Series 2020-54-AS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.73	%^(h)(i)		08/25/2050		848,265
	3,552,204	Series 2020-84-LI		2.50	%^(h)		12/25/2050		567,794
	5,020,253	Series 2020-88-PI		2.50	%^(h)		12/25/2050		792,565
	2,618,916	Series 2021-3-QI		2.50	%^(h)		02/25/2051		410,769
	7,865,073	Series 2021-32-AI		3.00	%^(h)		05/25/2046		1,011,330
	7,467,165	Series 2021-42-IA		3.00	%^(h)		02/25/2051		1,135,849
	4,556,966	Series 2022-43-FA (30 day avg SOFR US + 0.55%, 0.55% Floor, 6.00% Cap)		4.86	%		07/25/2052		4,439,852
	2,948,454	Series 2022-86-IO		2.50	%^(h)		05/25/2050		432,285
	2,920,176	Series 2024-100-FD (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		5.76	%		06/25/2054		2,938,999
	3,329,376	Series 2024-33-FE (30 day avg SOFR US + 1.25%, 1.25% Floor, 7.00% Cap)		5.56	%		06/25/2054		3,343,445
	2,422,586	Series 2024-76-FD (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.56	%		11/25/2054		2,423,319
	4,086,180	Series 2024-89-FD (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.71	%		09/25/2053		4,109,719
	3,713,498	Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		5.76	%		12/25/2054		3,737,435
	5,302,611	Series 2025-28-FM (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.56	%		04/25/2055		5,303,287
	6,557,686	Series 2025-33-FE (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		5.76	%		08/25/2054		6,592,068
	6,272,563	Series 427-C7		2.50	%^(h)		08/25/2035		504,874
	16,280,089	Series 431-C10		2.00	%^(h)		04/25/2042		1,590,253
	10,715,579	Series 431-C34		1.50	%^(h)		06/25/2037		570,226
	8,663,915	Series 434-C35		3.00	%^(h)		10/25/2052		1,541,297
	19,857,965	Series 437-C1		1.50	%^(h)		05/25/2037		1,064,064
		FREMF Mortgage Trust
	639,609	Series 2016-KF18-B (30 day avg SOFR US + 5.61%, 5.50% Floor)		9.93	%^(a)		05/25/2026		636,548
	700,066	Series 2017-KF30-B (30 day avg SOFR US + 3.36%, 3.25% Floor)		7.68	%^(a)		03/25/2027		693,266
	2,227,643	Series 2019-KF71-C (30 day avg SOFR US + 6.11%, 6.00% Floor)		10.43	%^(a)		10/25/2029		2,149,905
		Government National Mortgage Association
	6,866,939	Series 2019-128-KS (-1 x 1 mo. Term SOFR + 2.74%, 0.00% Floor, 2.85% Cap)		0.00	%^(h)(i)		10/20/2049		74,725
	5,847,313	Series 2020-104-SB (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.72	%^(h)(i)		07/20/2050		799,772
	12,730,017	Series 2020-115-YS (-1 x 1 mo. Term SOFR + 4.09%, 0.00% Floor, 4.20% Cap)		0.00	%^(h)(i)		08/20/2050		502,941
	25,417,833	Series 2020-129-SA (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap)		0.00	%^(h)(i)		09/20/2050		548,789
	32,356,495	Series 2020-146-IJ		2.50	%^(h)		10/20/2050		4,517,436
	3,209,754	Series 2020-154-MI		3.00	%^(h)		10/20/2050		517,866
	12,845,261	Series 2020-189-SU (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(h)(i)		12/20/2050		1,943,723
	7,195,065	Series 2021-1-SH (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(h)(i)		01/20/2051		1,029,120
	4,242,218	Series 2021-116-XI		3.50	%^(h)		03/20/2051		785,216
	10,589,712	Series 2021-193-DS (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%^(h)(i)		11/20/2051		65,322
	7,308,909	Series 2021-209-IP		3.00	%^(h)		11/20/2051		793,310
	68,287,805	Series 2021-213-ES (-1 x 30 day avg SOFR US + 1.70%, 0.00% Floor, 1.70% Cap)		0.00	%^(h)(i)		12/20/2051		85,278
	26,511,902	Series 2021-35-IO		1.03	%^(g)(h)		12/16/2062		2,013,921
	2,908,465	Series 2022-137-IO		3.00	%^(h)		01/20/2052		391,898
	46,436,204	Series 2022-192-IO		0.67	%^(g)(h)		09/16/2064		2,599,160
	23,974,804	Series 2023-15-IO		0.92	%^(g)(h)		08/16/2064		1,678,450

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	8,453,334	Series 2023-172-IO		1.38	%^(g)(h)		02/16/2066		812,566
	12,260,612	Series 2023-33-IO		0.94	%^(g)(h)		05/16/2063		836,912
	46,563,166	Series 2024-15-BI		0.73	%^(g)(h)		10/16/2065		2,784,408
	8,516,359	Series 2024-170-AI		0.77	%^(g)(h)		10/16/2065		560,310
	7,219,373	Series 2024-170-IO		1.00	%^(g)(h)		03/16/2066		565,169
	5,025,511	Series 2024-174-HI		3.00	%^(h)		05/20/2051		756,209
	3,119,396	Series 2024-24-DI		3.50	%^(h)		11/20/2051		578,185
	42,293,031	Series 2024-35-IB		0.80	%^(g)(h)		07/16/2065		2,710,450
	3,687,835	Series 2024-6-BI		3.00	%^(h)		12/20/2051		581,295
	9,704,788	Series 2025-54-IO		0.64	%^(g)(h)		08/16/2067		563,624
	14,120,326	Series 2025-92-IO		0.55	%^(g)(h)		05/16/2067		887,682
		Total US Government and Agency Mortgage Backed Obligations (Cost $166,211,018)							163,372,506
	US GOVERNMENT AND AGENCY OBLIGATIONS - 4.3%
	2,067,962	United States Treasury Inflation Indexed Bonds		2.38	%		01/15/2027		2,102,834
	3,181,304	United States Treasury Inflation Indexed Bonds		0.13	%		04/15/2027		3,115,103
	1,624,395	United States Treasury Inflation Indexed Bonds		1.63	%		10/15/2027		1,644,891
	32,900,000	United States Treasury Note/Bond		0.25	%		08/31/2025		32,670,659
	14,180,000	United States Treasury Note/Bond		0.75	%		04/30/2026		13,796,851
		Total US Government and Agency Obligations (Cost $53,212,370)							53,330,338
	COMMON STOCKS - 0.0%^(j)
	9,228	Flame Aggregator - Series R^(e)(k)							184,560
	917	Flame Aggregator - Series U^(e)(k)							18,340
	711	Stichting Administratiekantoor ADR^(e)(k)							—
	261	Stichting Administratiekantoor Unigel Creditors^(e)(k)							—
		Total Common Stocks (Cost $20,803)							202,900
	ESCROW NOTES - 0.0%^(j)
	600,000	Credito Real SAB de CV SOFOM ER^(k)							7,464
	125,000	Parkland Corp.^(e)(k)							63
		Total Escrow Notes (Cost $580,750)							7,527
	WARRANTS - 0.0%^(j)
	3,500	Avation PLC, Expires 10/31/2026 at GBP 1.15^(k)							1,922
		Total Warrants (Cost $–)							1,922
	SHORT TERM INVESTMENTS - 14.4%
	21,918,001	First American Government Obligations Fund - U		4.28	%^(l)				21,918,001
	21,918,000	JPMorgan US Government Money Market Fund - IM		4.28	%^(l)				21,918,000
	21,918,000	MSILF Government Portfolio - Institutional		4.24	%^(l)				21,918,000
	114,000,000	United States Treasury Bill		0.00	%		07/24/2025		113,697,013
		Total Short Term Investments (Cost $179,451,605)							179,451,014
		Total Investments - 100.2% (Cost $1,310,218,510)							1,252,521,605
		Other Liabilities in Excess of Assets - (0.2)%							(1,877,396	)
		NET ASSETS - 100.0%						$	1,250,644,209

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Non-Agency Residential Collateralized Mortgage Obligations	16.4	%
Short Term Investments	14.4	%
Collateralized Loan Obligations	14.0	%
US Government and Agency Mortgage Backed Obligations	13.1	%
Bank Loans	10.8	%
Non-Agency Commercial Mortgage Backed Obligations	10.8	%
Asset Backed Obligations	6.3	%
Foreign Corporate Bonds	4.7	%
US Government and Agency Obligations	4.3	%
US Corporate Bonds	4.0	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	1.4	%
Common Stocks	0.0	%^(j)
Escrow Notes	0.0	%^(j)
Warrants	0.0	%^(j)
Other Assets and Liabilities	(0.2	)%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Non-Agency Residential Collateralized Mortgage Obligations	16.4	%
Short Term Investments	14.4	%
Collateralized Loan Obligations	14.0	%
US Government and Agency Mortgage Backed Obligations	13.1	%
Non-Agency Commercial Mortgage Backed Obligations	10.8	%
Asset Backed Obligations	6.3	%
US Government and Agency Obligations	4.3	%
Healthcare	1.6	%
Electronics/Electric	1.4	%
Energy	1.4	%
Transportation	1.3	%
Banking	1.2	%
Utilities	1.1	%
Hotels/Motels/Inns and Casinos	1.0	%
Insurance	0.9	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.9	%
Industrial Equipment	0.9	%
Finance	0.8	%
Retailers (other than Food/Drug)	0.8	%
Media	0.7	%
Commercial Services	0.7	%
Chemicals/Plastics	0.6	%
Construction	0.5	%
Mining	0.5	%
Business Equipment and Services	0.5	%
Aerospace & Defense	0.5	%
Technology	0.4	%
Telecommunications	0.4	%
Leisure	0.4	%
Consumer Products	0.4	%
Building and Development (including Steel/Metals)	0.4	%
Containers and Glass Products	0.3	%
Food Products	0.3	%
Automotive	0.2	%
Pharmaceuticals	0.2	%
Diversified Manufacturing	0.2	%
Real Estate	0.1	%
Beverage and Tobacco	0.1	%
Chemical Products	0.1	%
Conglomerates	0.1	%
IT Services	0.0	%^(j)
Financials	0.0	%^(j)
Pulp & Paper	0.0	%^(j)
Food Service	0.0	%^(j)
Escrow Notes	0.0	%^(j)
Other Assets and Liabilities	(0.2	)%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $594,029,779 or 47.5% of the Fund's net assets.
(b)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(c)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(d)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(e)	Value determined using significant unobservable inputs.
(f)	Perpetual maturity. The date disclosed is the next call date of the security.
(g)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(h)	Interest only security
(i)	Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(j)	Represents less than 0.05% of net assets.
(k)	Non-income producing security.
(l)	Seven-day yield as of period end.

CMT	Constant Maturity Treasury Rate
PIK	A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.
SOFR	Secured Overnight Financing Rate

GBP

British Pound

DoubleLine Low Duration Emerging Markets Fixed Income Fund	(Unaudited)

Schedule of Investments	June 30, 2025


PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
FOREIGN CORPORATE BONDS - 71.6%
BRAZIL - 10.8%
	1,176,000	BRF GmbH		4.35	%		09/29/2026		1,165,006
	1,600,000	Cosan Luxembourg SA		5.50	%		09/20/2029		1,560,142
	2,189,627	Guara Norte Sarl		5.20	%		06/15/2034		2,076,737
	105,102	Invepar Holdings		0.00	%^(a)(b)		12/30/2028		—
	500,000	Itau Unibanco Holding SA/Cayman Island		6.00	%^(c)		02/27/2030		513,200
	1,600,000	Minerva Luxembourg SA		5.88	%		01/19/2028		1,602,386
	2,317,793	MV24 Capital BV		6.75	%		06/01/2034		2,249,974
	800,000	NBM US Holdings, Inc.		7.00	%		05/14/2026		802,124
	900,000	NBM US Holdings, Inc.		6.63	%		08/06/2029		906,964
	2,259,197	Prumo Participacoes e Investimentos S/A		7.50	%		12/31/2031		2,290,344
	1,200,000	Suzano Austria GmbH		5.00	%		01/15/2030		1,196,575
	200,000	Ultrapar International SA		5.25	%		10/06/2026		199,669
	200,000	Ultrapar International SA		5.25	%		06/06/2029		199,109
									14,762,230
	CHILE - 8.0%
	1,000,000	Antofagasta PLC		2.38	%		10/14/2030		885,481
	2,000,000	Cencosud SA		4.38	%		07/17/2027		1,985,539
	4,724,715	Chile Electricity PEC SpA		0.00	%^(c)		01/25/2028		4,176,885
	278,000	Empresa Electrica Angamos SA		4.88	%		05/25/2029		250,910
	899,870	Empresa Electrica Cochrane SpA		5.50	%		05/14/2027		890,331
	2,806,880	GNL Quintero SA		4.63	%		07/31/2029		2,784,948
									10,974,094
	COLOMBIA - 4.4%
	3,019,237	AL Candelaria Spain SA		7.50	%		12/15/2028		3,015,834
	2,700,000	Banco de Bogota SA		6.25	%		05/12/2026		2,710,206
	280,000	Grupo de Inversiones Suramericana SA		5.50	%		04/29/2026		281,092
									6,007,132
	GUATEMALA - 3.8%
	2,300,000	Banco Industrial SA/Guatemala (5 yr. CMT Rate + 4.44%)		4.88	%		01/29/2031		2,290,225
	400,000	Energuate Trust		5.88	%		05/03/2027		398,144
	1,503,000	Millicom International Cellular SA		5.13	%		01/15/2028		1,486,564
	965,700	Millicom International Cellular SA		6.25	%		03/25/2029		968,487
									5,143,420
	INDIA - 7.8%
	880,000	Adani International Container Terminal Pvt Ltd.		3.00	%		02/16/2031		775,520
	2,400,000	Adani Ports & Special Economic Zone Ltd.		4.00	%		07/30/2027		2,325,088
	2,400,000	Adani Transmission Step-One Ltd.		4.00	%		08/03/2026		2,375,373
	1,491,000	JSW Hydro Energy Ltd.		4.13	%		05/18/2031		1,373,679
	1,300,000	JSW Infrastructure Ltd.		4.95	%		01/21/2029		1,274,778
	750,000	Reliance Industries Ltd.		3.67	%		11/30/2027		736,615
	1,800,000	Wipro IT Services LLC		1.50	%		06/23/2026		1,747,284
									10,608,337
	INDONESIA - 2.9%
	1,100,000	Freeport Indonesia PT		4.76	%		04/14/2027		1,102,682
	400,000	Freeport Indonesia PT		4.76	%^(c)		04/14/2027		400,975
	2,500,000	Freeport-McMoRan, Inc.		4.13	%		03/01/2028		2,471,383
									3,975,040
	JAMAICA - 0.0%^(d)
	56,293	Digicel Group Holdings Ltd.		0.00	%^(b)(c)		12/31/2030		351
	175,590	Digicel Group Holdings Ltd.		0.00	%^(b)(c)		12/31/2030		7,677
									8,028
	MALAYSIA - 0.6%
	800,000	Axiata SPV2 Bhd		4.36	%		03/24/2026		802,538

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	MEXICO - 11.3%
	1,200,000	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand (5 yr. CMT Rate + 3.00%)		7.53	%		10/01/2028		1,269,856
	3,400,000	BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX (5 yr. CMT Rate + 4.31%)		5.88	%		09/13/2034		3,343,425
	1,900,000	Cemex SAB de CV (5 yr. CMT Rate + 4.53%)		5.13	%^(e)		06/08/2026		1,869,989
	1,000,000	Cemex SAB de CV		5.45	%		11/19/2029		1,003,373
	817,124	Cometa Energia SAB de CV		6.38	%		04/24/2035		842,726
	2,500,000	Comision Federal de Electricidad		4.75	%		02/23/2027		2,495,474
	1,700,000	KUO SAB De CV		5.75	%		07/07/2027		1,676,146
	2,923,985	Mexico Generadora de Energia S de RL		5.50	%		12/06/2032		2,907,900
									15,408,889
	PARAGUAY - 2.0%
	1,100,000	Banco Continental SAECA		2.75	%		12/10/2025		1,090,339
	153,333	Rutas 2 & 7 Finance Ltd.		0.00	%		09/30/2036		111,270
	1,600,000	Telefonica Celular del Paraguay SA		5.88	%		04/15/2027		1,594,008
									2,795,617
	PERU - 11.9%
	2,100,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 3.00%)		3.13	%		07/01/2030		2,100,000
	1,800,000	Banco de Credito del Peru SA (5 yr. CMT Rate + 2.45%)		3.25	%^(c)		09/30/2031		1,746,922
	1,400,000	Banco Internacional del Peru SAA Interbank (5 yr. CMT Rate + 3.71%)		4.00	%		07/08/2030		1,395,851
	2,425,000	Fenix Power Peru SA		4.32	%		09/20/2027		2,374,031
	1,400,000	InRetail Consumer		3.25	%		03/22/2028		1,328,952
	2,240,000	InRetail Shopping Malls		5.75	%		04/03/2028		2,240,314
	1,200,000	Intercorp Financial Services, Inc.		4.13	%		10/19/2027		1,167,106
	22,827	Interoceanica IV Finance Ltd. Series 2007		0.00	%^(b)		11/30/2025		22,171
	1,903,655	Lima Metro Line 2 Finance Ltd.		4.35	%		04/05/2036		1,792,101
	1,885,000	Orazul Energy Peru SA		5.63	%		04/28/2027		1,868,591
	300,000	Scotiabank Peru SAA (1 yr. CMT Rate + 2.31%)		6.10	%^(c)		10/01/2035		305,100
									16,341,139
	SINGAPORE - 5.6%
	3,300,000	DBS Group Holdings Ltd. (5 yr. CMT Rate + 1.10%)		1.82	%		03/10/2031		3,238,832
	1,500,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		1.83	%		09/10/2030		1,492,456
	500,000	Oversea-Chinese Banking Corp. Ltd. (5 yr. CMT Rate + 1.58%)		4.60	%		06/15/2032		501,001
	2,500,000	United Overseas Bank Ltd. (5 yr. CMT Rate + 1.52%)		1.75	%		03/16/2031		2,450,572
									7,682,861
	SOUTH AFRICA - 1.4%
	1,100,000	AngloGold Ashanti Holdings PLC		3.38	%		11/01/2028		1,050,559
	800,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%		05/15/2029		832,488
									1,883,047
	UNITED ARAB EMIRATES - 0.6%
	977,461	Galaxy Pipeline Assets Bidco Ltd.		2.16	%		03/31/2034		868,113
	VIETNAM - 0.5%
	677,601	Mong Duong Finance Holdings BV		5.13	%		05/07/2029		662,502
		Total Foreign Corporate Bonds (Cost $97,515,025)							97,922,987

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 26.4%
	BRAZIL - 3.6%
	2,000,000	Brazilian Government International Bond		4.50	%		05/30/2029		1,960,861
	1,100,000	Petrobras Global Finance BV		7.38	%		01/17/2027		1,141,844
	1,750,000	Petrobras Global Finance BV		6.00	%		01/27/2028		1,786,414
									4,889,119
	CHILE - 2.4%
	1,581,000	Chile Electricity Lux MPC Sarl		6.01	%		01/20/2033		1,639,908
	300,000	Corp. Nacional del Cobre de Chile		3.00	%		09/30/2029		278,897
	400,000	Corp. Nacional del Cobre de Chile		3.15	%		01/14/2030		372,209
	1,100,000	Corp. Nacional del Cobre de Chile		3.75	%		01/15/2031		1,027,650
									3,318,664
	COLOMBIA - 1.8%
	2,500,000	Oleoducto Central SA		4.00	%		07/14/2027		2,438,357
	DOMINICAN REPUBLIC - 0.7%
	1,000,000	Dominican Republic International Bond		5.50	%		02/22/2029		998,100
	GUATEMALA - 2.5%
	2,900,000	Guatemala Government Bond		4.50	%		05/03/2026		2,877,931
	500,000	Guatemala Government Bond		5.25	%		08/10/2029		497,500
									3,375,431
	INDIA - 2.9%
	1,500,000	BPRL International Singapore Pte Ltd.		4.38	%		01/18/2027		1,493,968
	2,500,000	ONGC Videsh Vankorneft Pte Ltd.		3.75	%		07/27/2026		2,478,193
									3,972,161
	INDONESIA - 4.1%
	1,500,000	Bank Negara Indonesia Persero Tbk PT		3.75	%		03/30/2026		1,484,943
	2,200,000	Pertamina Persero PT		1.40	%		02/09/2026		2,158,216
	2,000,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara		4.13	%		05/15/2027		1,981,497
									5,624,656
	MEXICO - 3.4%
	750,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands		5.88	%^(c)		05/07/2030		761,707
	2,700,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)		2.72	%		08/11/2031		2,565,120
	500,000	Comision Federal de Electricidad		4.69	%		05/15/2029		488,844
	300,000	Comision Federal de Electricidad		5.70	%^(c)		01/24/2030		299,775
	500,000	Mexico Government International Bond		5.00	%		05/07/2029		503,500
									4,618,946
	MOROCCO - 0.4%
	600,000	Morocco Government International Bond		2.38	%		12/15/2027		568,143
	PARAGUAY - 3.6%
	3,144,705	Bioceanico Sovereign Certificate Ltd.		0.00	%		06/05/2034		2,503,185
	297,000	Paraguay Government International Bond		5.00	%		04/15/2026		297,000
	143,000	Paraguay Government International Bond		4.70	%		03/27/2027		143,079
	2,000,000	Paraguay Government International Bond		4.95	%		04/28/2031		1,991,200
									4,934,464
	PERU - 1.0%
	1,312,276	Lima Metro Line 2 Finance Ltd.		5.88	%		07/05/2034		1,331,789
	100,000	Peruvian Government International Bond		2.84	%		06/20/2030		91,889
									1,423,678
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $35,515,723)							36,161,719
	SHORT TERM INVESTMENTS - 1.5%
	687,318	First American Government Obligations Fund - U		4.28	%^(f)				687,318
	687,318	JPMorgan US Government Money Market Fund - IM		4.28	%^(f)				687,318
	687,318	MSILF Government Portfolio - Institutional		4.24	%^(f)				687,318
		Total Short Term Investments (Cost $2,061,954)							2,061,954
		Total Investments - 99.5% (Cost $135,092,702)							136,146,660
		Other Assets in Excess of Liabilities - 0.5%							723,408
		NET ASSETS - 100.0%						$	136,870,068

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Foreign Corporate Bonds	71.6	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	26.4	%
Short Term Investments	1.5	%
Other Assets and Liabilities	0.5	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Banking	20.6	%
Utilities	16.5	%
Transportation	15.7	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	14.3	%
Energy	8.2	%
Mining	4.9	%
Retailers (other than Food/Drug)	4.0	%
Consumer Products	3.6	%
Telecommunications	3.6	%
Building and Development (including Steel/Metals)	2.1	%
Short Term Investments	1.5	%
Technology	1.3	%
Conglomerates	1.2	%
Pulp & Paper	0.9	%
Food Products	0.9	%
Finance	0.2	%
Other Assets and Liabilities	0.5	%
Net Assets	100.0	%

COUNTRY BREAKDOWN as a % of Net Assets:
Mexico	14.7	%
Brazil	14.4	%
Peru	12.9	%
India	10.7	%
Chile	10.4	%
Indonesia	7.0	%
Guatemala	6.3	%
Colombia	6.2	%
Paraguay	5.6	%
Singapore	5.6	%
United States	1.5	%
South Africa	1.4	%
Dominican Republic	0.7	%
United Arab Emirates	0.6	%
Malaysia	0.6	%
Vietnam	0.5	%
Morocco	0.4	%
Jamaica	0.0	%^(d)
Other Assets and Liabilities	0.5	%
Net Assets	100.0	%

(a)		Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(b)		Value determined using significant unobservable inputs.
(c)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $8,212,592 or 6.0% of the Fund's net assets.
(d)		Represents less than 0.05% of net assets.
(e)		Perpetual maturity. The date disclosed is the next call date of the security.
(f)		Seven-day yield as of period end.

CMT

Constant Maturity Treasury Rate

DoubleLine Long Duration Total Return Bond Fund		(Unaudited)

Schedule of Investments		June 30, 2025


PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 97.9%
		Fannie Mae or Freddie Mac
	2,180,000	TBA		3.00	%^(h)		07/15/2042		1,886,688
	730,000	TBA		2.50	%^(h)		07/01/2050		605,377
		Federal Home Loan Mortgage Corp.
	1,457,209	Pool SD7512		3.00	%		02/01/2050		1,286,269
	1,477,223	Pool SD7553		3.00	%		03/01/2052		1,301,161
	1,061,513	Series 4460-KB		3.50	%		03/15/2045		973,602
	2,000,000	Series 4994-AV		2.00	%		12/25/2045		1,611,347
	1,332,311	Series 5145-HZ		3.00	%^(a)		09/25/2051		788,387
	1,956,423	Series 5155-JZ		3.00	%^(a)		10/25/2051		1,145,001
	1,781,945	Series 5155-KZ		3.00	%^(a)		10/25/2051		1,095,486
	1,589,941	Series 5160-ZY		3.00	%^(a)		10/25/2050		1,126,890
	1,891,212	Series 5171-Z		2.00	%^(a)		12/25/2051		1,026,792
	1,248,702	Series 5319-PO		0.00	%^(b)		08/25/2050		863,752
	329,389	Series 5326-UO		0.00	%^(b)		10/25/2050		218,946
		Federal National Mortgage Association
	1,456,254	Pool 310233		3.50	%		03/01/2044		1,353,379
	967,000	Pool BS7220		5.23	%		11/01/2032		1,015,691
	1,543,496	Pool BU5836		2.00	%		11/01/2051		1,241,877
	1,452,369	Pool BV9867		3.00	%		05/01/2052		1,258,807
	1,030,604	Pool BZ0782		5.76	%		04/01/2054		1,073,723
	1,030,604	Pool BZ0785		5.76	%		04/01/2054		1,065,757
	287,000	Pool BZ1178		5.81	%		06/01/2031		297,838
	1,262,985	Pool FM8691		2.50	%		09/01/2051		1,062,488
	1,942,036	Pool FS0176		2.50	%		01/01/2052		1,619,703
	1,409,381	Pool FS3826		3.00	%		01/01/2052		1,221,078
	1,381,552	Pool FS5984		3.00	%		12/01/2050		1,225,920
	1,239,410	Pool FS7149		2.50	%		03/01/2052		1,040,235
	1,426,559	Pool FS8304		3.00	%		05/01/2052		1,254,004
	1,260,000	Series 2012-128-UC		2.50	%		11/25/2042		951,772
	665,656	Series 2013-66-ZK		3.00	%^(a)		07/25/2043		495,437
	1,607,111	Series 2014-42-BZ		3.00	%^(a)		07/25/2044		1,435,702
	363,922	Series 2014-68-TD		3.00	%		11/25/2044		333,015
	487,712	Series 2014-80-KL		2.00	%		05/25/2043		327,735
	655,512	Series 2016-64-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.58	%^(c)(d)		09/25/2046		73,484
	197,541	Series 2018-21-PO		0.00	%^(b)		04/25/2048		142,549
	2,880,057	Series 2019-68-ZL		2.50	%^(a)		11/25/2049		2,227,439
	1,584,570	Series 2021-17-SB (-1 x 30 day avg SOFR US + 3.30%, 0.00% Floor, 3.30% Cap)		0.00	%^(c)(d)		04/25/2051		30,177
	1,849,808	Series 2021-93-Z		3.00	%^(a)		08/25/2051		1,230,912
	3,178,000	Series 2023-M1-2A2		4.05	%^(e)		07/25/2040		2,901,014
		Freddie Mac Seasoned Credit Risk Transfer Trust
	1,005,000	Series 2021-2-MBU		2.50	%		11/25/2060		693,298
		Government National Mortgage Association
	206,417	Series 2013-180-LO		0.00	%^(b)		11/16/2043		161,099
	3,594,488	Series 2015-79-VZ		2.50	%^(a)		05/20/2045		3,198,592
	358,319	Series 2016-12-MZ		3.00	%^(a)		01/20/2046		286,545
	1,222,808	Series 2017-122-CZ		3.00	%^(a)		08/20/2047		953,361
	1,436,401	Series 2021-105-JS (-1 x 30 day avg SOFR US + 3.65%, 0.00% Floor, 3.65% Cap)		0.00	%^(c)(d)		06/20/2051		41,182
	1,408,909	Series 2021-223-EZ		3.00	%^(a)		12/20/2051		1,033,361
	677,967	Series 2021-42-SB (-1 x 1 mo. Term SOFR + 6.24%, 0.00% Floor, 6.35% Cap)		1.92	%^(c)(d)		03/20/2051		97,599
	1,533,130	Series 2021-89-SA (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap)		0.00	%^(c)(d)		05/20/2051		44,285
	385,318	Series 2022-160-DZ		4.50	%^(a)		09/20/2052		295,882

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	8,119,974	Series 2022-85-SA (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%^(c)(d)		05/20/2052		34,293
	1,843,307	Series 2022-9-MZ		3.50	%^(a)		01/20/2052		1,392,066
	1,052,000	Series 2022-99-QG		3.50	%		01/20/2052		899,765
	840,609	Series 2023-140-PO		0.00	%^(b)		06/20/2048		565,704
	1,391,111	Series 2025-1-GZ		3.50	%^(a)		01/20/2055		1,048,999
	1,777,000	Series 2025-110-KZ		1.25	%		06/20/2051		1,055,437
		STRU
	1,614,000	Series NSI-9374-ZB		2.50	%^(f)		06/24/2055		1,052,167
		Total US Government and Agency Mortgage Backed Obligations (Cost $54,549,653)							51,663,069
	SHORT TERM INVESTMENTS - 7.1%
	594,273	First American Government Obligations Fund - U		4.28	%^(g)				594,273
	594,274	JPMorgan US Government Money Market Fund - IM		4.28	%^(g)				594,274
	594,274	MSILF Government Portfolio - Institutional		4.24	%^(g)				594,274
	2,000,000	United States Treasury Bill		0.00	%		09/18/2025		1,981,509
		Total Short Term Investments (Cost $3,764,798)							3,764,330
		Total Investments - 105.0% (Cost $58,314,451)							55,427,399
		Other Liabilities in Excess of Assets - (5.0)%							(2,633,993	)
		NET ASSETS - 100.0%						$	52,793,406

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Mortgage Backed Obligations	97.9	%
Short Term Investments	7.1	%
Other Assets and Liabilities	(5.0	)%
Net Assets	100.0	%

(a)		This security accrues interest which is added to the outstanding principal balance. The interest payment will be deferred until all other tranches in the structure are paid off. The rate disclosed is as of period end.
(b)		Principal only security
(c)		Interest only security
(d)		Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(e)		Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(f)		Value determined using significant unobservable inputs.

(g)

(h)

Seven-day yield as of period end.

Represents or includes a TBA transaction.

SOFR

TBA

Secured Overnight Financing Rate

To Be Announced

Futures Contracts
Description	Long/ Short	Contract Quantity		Expiration Date		Notional Amount⁽¹⁾			Unrealized Appreciation (Depreciation)/ Value
U.S. Treasury Ultra Bonds	Long	179		9/19/2025	$	20,397,638		$	925,737
U.S. Treasury Long Bonds	Long	35		9/19/2025		3,899,808			141,598
U.S. Treasury 2 Year Notes	Long	76		9/30/2025		15,736,830			72,951
U.S. Treasury 5 Year Note	Short	(101	)	9/30/2025		(10,872,006	)		(136,994	)
10 Year U.S. Ultra Treasury Notes	Short	(179	)	9/19/2025		(19,903,874	)		(549,673	)
								$	453,619

(1)

Notional Amount is determined based on the number of contracts multiplied by the contract size and the quoted daily settlement price in US dollars.

DoubleLine Strategic Commodity Fund		(Unaudited)

Schedule of Investments (Consolidated)		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	SHORT TERM INVESTMENTS - 97.9%
	1,295,108	First American Government Obligations Fund - U		4.28	%^(a)(b)			1,295,108
	1,295,109	JPMorgan US Government Money Market Fund - IM		4.28	%^(a)(b)			1,295,109
	1,295,109	MSILF Government Portfolio - Institutional		4.24	%^(a)(b)			1,295,109
	4,000,000	United States Treasury Bill		0.00	%^(a)(c)	07/31/2025		3,986,177
	15,000,000	United States Treasury Bill		0.00	%^(a)(c)	11/06/2025		14,779,546
	60,000,000	United States Treasury Bill		0.00	%^(a)(c)	11/13/2025		59,071,172
		Total Short Term Investments (Cost $81,727,666)						81,722,221
		Total Investments - 97.9% (Cost $81,727,666)						81,722,221
		Other Assets in Excess of Liabilities - 2.1%						1,767,708
		NET ASSETS - 100.0%					$	83,489,929

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Short Term Investments	97.9	%
Other Assets and Liabilities	2.1	%
Net Assets	100.0	%

(a)	All or a portion of this security is owned by DoubleLine Strategic Commodity Ltd., which is a wholly owned subsidiary of the DoubleLine Strategic Commodity Fund.
(b)	Seven-day yield as of period end.
(c)	All or a portion of security has been pledged as collateral.

Swap Agreements
Excess Return Swaps

Reference Entity	Counterparty	Long/Short		Financing Rate			Payment Frequency	Termination Date	Notional Amount			Value		Upfront Premiums Paid/ (Received)		Unrealized Appreciation (Depreciation)
Commodity Beta Basket Swap (1)(2)	Barclays Capital, Inc.		Long		0.20	%	Termination	07/01/2025	$	28,600,000		$	484,551	$	—	$	484,551
Commodity Beta Basket Swap (1)(2)	Canadian Imperial Bank of Commerce		Long		0.21	%	Termination	07/01/2025		15,100,000			255,714		—		255,714
Commodity Beta Basket Swap (1)(2)	Bank of America Merrill Lynch		Long		0.23	%	Termination	07/01/2025		15,100,000			255,482		—		255,482
Short Commodity Basket Swap (1)(3)	Bank of America Merrill Lynch		Short		0.00	%	Termination	07/01/2025		(6,300,000	)		192,617		—		192,617
Short Commodity Basket Swap (1)(4)	Canadian Imperial Bank of Commerce		Short		0.00	%	Termination	07/01/2025		(6,300,000	)		192,617		—		192,617
Long Commodity Basket Swap (1)(5)	Canadian Imperial Bank of Commerce		Long		0.20	%	Termination	07/01/2025		6,300,000			153,985		—		153,985
Long Commodity Basket Swap (1)(6)	Bank of America Merrill Lynch		Long		0.20	%	Termination	07/01/2025		6,300,000			153,982		—		153,982
												$	1,688,948	$	—	$	1,688,948

(1)	All or a portion of this security is owned by DoubleLine Strategic Commodity Ltd., which is a wholly-owned subsidiary of the DoubleLine Strategic Commodity Fund.
(2)	Commodity Beta Basket Swap represents a swap on a basket of commodity indices designed to approximate the broad commodity market. At June 30, 2025, all constituents and their weightings were as follows:

Index	Ticker		Contract Value ⁽⁷⁾		Value of Index		Weightings
Electrolytic Copper Future		LP1		0.20	$	138		22.1	%
Soybean Future		S 1		0.38		123		19.7	%
Nickel Future		LN1		0.30		80		12.7	%
Brent Crude Future		CO1		0.09		57		9.2	%
Crude Oil Future		CL1		0.09		57		9.1	%
Live Cattle Future		LC1		0.15		35		5.5	%
Low Sulphur Gas Oil Future		QS1		0.08		31		5.0	%
Gasoline RBOB Future		XB1		0.05		30		4.8	%
Sugar No. 11 Future		SB1		0.18		30		4.7	%
Cotton No. 2 Future		CT1		0.46		25		4.0	%
NY Harbor ULSD Heating Oil Future		HO1		0.07		20		3.2	%
					$	626		100.0	%

(3)

Short Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At June 30, 2025, all constituents and their weightings were as follows:

Sub-Index	Ticker		Contract Value ⁽⁷⁾		Value of Index		Weightings
S&P GSCI 2 Month Forward Cotton Index ER		SG2MCTP		0.93	$	35		20.5	%
S&P GSCI 2 Month Forward Corn Index ER		SG2MCNP		1.39		35		20.2	%
S&P GSCI 2 Month Forward Wheat Index ER		SG2MWHP		4.51		35		20.1	%
S&P GSCI 2 Month Forward Kansas Wheat Index ER		SG2MKWP		1.59		34		19.7	%
S&P GSCI 2 Month Forward Sugar Index ER		SG2MSBP		0.37		34		19.5	%
					$	173		100.0	%

(4)

Short Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At June 30, 2025, all constituents and their weightings were as follows:

Sub-Index	Ticker		Contract Value ⁽⁷⁾		Value of Index		Weightings
S&P GSCI 2 Month Forward Cotton Index ER		SG2MCTP		1.01	$	39		20.5	%
S&P GSCI 2 Month Forward Corn Index ER		SG2MCNP		1.52		38		20.2	%
S&P GSCI 2 Month Forward Wheat Index ER		SG2MWHP		4.93		38		20.1	%
S&P GSCI 2 Month Forward Kansas Wheat Index ER		SG2MKWP		1.74		37		19.7	%
S&P GSCI 2 Month Forward Sugar Index ER		SG2MSBP		0.41		37		19.5	%
					$	189		100.0	%

(5)

Long Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At June 30, 2025, all constituents and their weightings were as follows:

Sub-Index	Ticker		Contract Value ⁽⁷⁾		Value of Index		Weightings
S&P GSCI 2 Month Forward Crude Oil Index ER		SG2MCLP		0.06	$	28		20.4	%
S&P GSCI 2 Month Forward Copper Index ER		SG2MICP		0.05		28		20.1	%
S&P GSCI 2 Month Forward Unleaded Gas Index ER		SG2MHUP		0.02		28		20.0	%
S&P GSCI 2 Month Forward Zinc Index ER		SG2MIZP		0.19		28		19.9	%
S&P GSCI 2 Month Forward Cocoa Index ER		SG2MCCP		0.07		27		19.6	%
					$	139		100.0	%

(6)

Long Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At June 30, 2025, all constituents and their weightings were as follows:

Sub-Index	Ticker		Contract Value ⁽⁷⁾		Value of Index		Weightings
S&P GSCI 2 Month Forward Crude Oil Index ER		SG2MCLP		0.07	$	37		20.4	%
S&P GSCI 2 Month Forward Copper Index ER		SG2MICP		0.06		36		20.1	%
S&P GSCI 2 Month Forward Unleaded Gas Index ER		SG2MHUP		0.03		36		20.0	%
S&P GSCI 2 Month Forward Zinc Index ER		SG2MIZP		0.25		36		19.9	%
S&P GSCI 2 Month Forward Cocoa Index ER		SG2MCCP		0.09		36		19.6	%
					$	181		100.0	%

(7)

Contract value represents the number of units of the underlying constituent’s index in one unit of the custom basket index at creation. The contract value is calculated by multiplying each constituent’s weight by the starting price of the custom basket index and dividing by the starting price of the constituent’s index. The contract value will differ depending on the date the swap is initiated.

DoubleLine Global Bond Fund		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 61.2%
	AUSTRALIA - 3.0%
	2,617,000 AUD	Australia Government Bond		1.50	%		06/21/2031		1,526,235
	5,500,000 AUD	Australia Government Bond		2.75	%		06/21/2035		3,206,695
									4,732,930
	BELGIUM - 2.6%
	1,326,000 EUR	Kingdom of Belgium Government Bond		0.90	%^(a)		06/22/2029		1,480,448
	2,200,000 EUR	Kingdom of Belgium Government Bond		2.85	%^(a)		10/22/2034		2,547,062
									4,027,510
	CANADA - 1.6%
	1,700,000 CAD	Canadian Government Bond		1.50	%		06/01/2031		1,149,818
	1,970,000 CAD	Canadian Government Bond		3.25	%		12/01/2034		1,446,519
									2,596,337
	CZECH REPUBLIC - 1.8%
	29,600,000 CZK	Czech Republic Government Bond		2.75	%		07/23/2029		1,362,403
	26,800,000 CZK	Czech Republic Government Bond		6.20	%		06/16/2031		1,436,219
									2,798,622
	FRANCE - 7.9%
	1,800,000 EUR	French Republic Government Bond OAT		0.50	%^(a)		05/25/2029		1,973,298
	660,000 EUR	French Republic Government Bond OAT		0.00	%^(a)		11/25/2029		698,897
	5,823,413 EUR	French Republic Government Bond OAT		0.70	%^(a)		07/25/2030		6,851,923
	2,460,000 EUR	French Republic Government Bond OAT		3.00	%^(a)		05/25/2033		2,895,465
									12,419,583
	GERMANY - 7.7%
	7,190,000 EUR	Bundesrepublik Deutschland Bundesanleihe		0.00	%		08/15/2030		7,596,014
	2,500,000 EUR	Bundesrepublik Deutschland Bundesanleihe		0.00	%		02/15/2031		2,605,280
	1,630,000 EUR	Bundesrepublik Deutschland Bundesanleihe		1.70	%		08/15/2032		1,838,590
									12,039,884
	HUNGARY - 0.9%
	510,000,000 HUF	Hungary Government Bond		7.00	%		10/24/2035		1,500,274
	IRELAND - 1.9%
	680,000 EUR	Ireland Government Bond		0.90	%		05/15/2028		776,830
	1,910,000 EUR	Ireland Government Bond		1.10	%		05/15/2029		2,160,206
									2,937,036
	ISRAEL - 1.5%
	6,400,000 ILS	Israel Government Bond		0.50	%		02/27/2026		1,856,723
	1,900,000 ILS	Israel Government Bond		3.75	%		09/30/2027		561,262
									2,417,985
	JAPAN - 7.9%
	361,000,000 JPY	Japan Government Ten Year Bond		0.10	%		12/20/2026		2,487,285
	115,500,000 JPY	Japan Government Ten Year Bond		0.10	%		12/20/2027		789,352
	500,000,000 JPY	Japan Government Twenty Year Bond		1.90	%		03/20/2031		3,639,501
	418,000,000 JPY	Japan Government Twenty Year Bond		0.50	%		03/20/2038		2,481,039
	560,000,000 JPY	Japan Government Twenty Year Bond		0.30	%		09/20/2039		3,099,070
									12,496,247
	MEXICO - 3.8%
	20,300,000 MXN	Mexican Bonos		5.75	%		03/05/2026		1,064,024
	28,000,000 MXN	Mexican Bonos		8.50	%		02/28/2030		1,483,167
	67,000,000 MXN	Mexican Bonos		7.75	%		05/29/2031		3,404,577
									5,951,768
	NEW ZEALAND - 3.8%
	3,600,000 NZD	New Zealand Government Bond		1.50	%		05/15/2031		1,903,778
	6,600,000 NZD	New Zealand Government Bond		4.50	%		05/15/2035		4,008,906
									5,912,684
	PERU - 2.6%
	13,900,000 PEN	Peru Government Bond		6.15	%		08/12/2032		4,053,306
	POLAND - 0.5%
	3,500,000 PLN	Republic of Poland Government Bond		1.75	%		04/25/2032		783,751

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	PORTUGAL - 1.0%
	1,420,000 EUR	Portugal Obrigacoes do Tesouro OT		0.48	%^(a)		10/18/2030		1,517,175
	SOUTH AFRICA - 3.6%
	106,570,000 ZAR	Republic of South Africa Government Bond		8.88	%		02/28/2035		5,635,683
	SPAIN - 4.8%
	1,470,000 EUR	Spain Government Bond		1.30	%^(a)		10/31/2026		1,718,191
	4,440,000 EUR	Spain Government Bond		0.60	%^(a)		10/31/2029		4,848,964
	970,000 EUR	Spain Government Bond		0.50	%^(a)		04/30/2030		1,041,436
									7,608,591
	UNITED KINGDOM - 4.3%
	2,400,000 GBP	United Kingdom Gilt		4.38	%		03/07/2030		3,353,974
	2,500,000 GBP	United Kingdom Gilt		4.25	%		03/07/2036		3,339,604
									6,693,578
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $96,722,016)							96,122,944
	US GOVERNMENT AND AGENCY OBLIGATIONS - 35.4%
	UNITED STATES - 35.4%
	1,730,000 USD	United States Treasury Note/Bond		0.25	%		07/31/2025		1,724,180
	3,450,000 USD	United States Treasury Note/Bond		0.38	%		11/30/2025		3,394,924
	4,760,000 USD	United States Treasury Note/Bond		0.75	%		05/31/2026		4,620,217
	3,660,000 USD	United States Treasury Note/Bond		0.63	%		03/31/2027		3,467,564
	3,150,000 USD	United States Treasury Note/Bond		0.50	%		10/31/2027		2,926,055
	3,150,000 USD	United States Treasury Note/Bond		0.63	%		11/30/2027		2,928,639
	3,450,000 USD	United States Treasury Note/Bond		0.63	%		12/31/2027		3,199,066
	5,700,000 USD	United States Treasury Note/Bond		0.75	%		01/31/2028		5,289,199
	5,790,000 USD	United States Treasury Note/Bond		0.63	%		05/15/2030		4,982,793
	6,170,000 USD	United States Treasury Note/Bond		0.63	%		08/15/2030		5,263,420
	6,470,000 USD	United States Treasury Note/Bond		0.88	%		11/15/2030		5,551,311
	2,220,000 USD	United States Treasury Note/Bond		1.13	%		05/15/2040		1,380,909
	3,070,000 USD	United States Treasury Note/Bond		1.38	%		11/15/2040		1,956,765
	2,560,000 USD	United States Treasury Note/Bond		1.75	%		08/15/2041		1,700,400
	6,990,000 USD	United States Treasury Note/Bond		1.25	%		05/15/2050		3,360,661
	6,550,000 USD	United States Treasury Note/Bond		1.38	%		08/15/2050		3,231,504
	1,020,000 USD	United States Treasury Note/Bond		1.88	%		02/15/2051		573,272
		Total US Government and Agency Obligations (Cost $55,519,024)							55,550,879
	SHORT TERM INVESTMENTS - 2.4%
	1,236,433	First American Government Obligations Fund - U		4.28	%^(b)				1,236,433
	1,236,434	JPMorgan US Government Money Market Fund - IM		4.28	%^(b)				1,236,434
	1,236,433	MSILF Government Portfolio - Institutional		4.24	%^(b)				1,236,433
		Total Short Term Investments (Cost $3,709,300)							3,709,300
		Total Investments - 99.0% (Cost $155,950,340)							155,383,123
		Other Assets in Excess of Liabilities - 1.0%							1,524,119
		NET ASSETS - 100.0%						$	156,907,242

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	61.2	%
US Government and Agency Obligations	35.4	%
Short Term Investments	2.4	%
Other Assets and Liabilities	1.0	%
Net Assets	100.0	%

COUNTRY BREAKDOWN as a % of Net Assets:
United States	37.8	%
Japan	7.9	%
France	7.9	%
Germany	7.7	%
Spain	4.8	%
United Kingdom	4.3	%
Mexico	3.8	%
New Zealand	3.8	%
South Africa	3.6	%
Australia	3.0	%
Peru	2.6	%
Belgium	2.6	%
Ireland	1.9	%
Czech Republic	1.8	%
Canada	1.6	%
Israel	1.5	%
Portugal	1.0	%
Hungary	0.9	%
Poland	0.5	%
Other Assets and Liabilities	1.0	%
Net Assets	100.0	%

(a)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $25,572,859 or 16.3% of the Fund's net assets.
(b)		Seven-day yield as of period end.

AUD		Australian Dollar
CAD		Canadian Dollar
CZK		Czech Republic Koruna
EUR		Euro
GBP		British Pound
HUF		Hungarian Forint
ILS		Israeli Shekel
JPY		Japanese Yen
MXN		Mexican Peso
NZD		New Zealand Dollar
PEN		Peruvian Sol
PLN		Polish Zloty
USD		United States Dollar
ZAR		South African Rand

Forward Currency Exchange Contracts
Settlement Date	Counterparty	Currency to be Delivered			Value		Currency to be Received			Value		Unrealized Appreciation (Depreciation)
08/01/2025	Goldman Sachs		2,256,702	USD	$	2,256,702		12,600,000	BRL	$	2,300,067	$	43,365

BRL	Brazilian Real
USD	United States Dollar

DoubleLine Infrastructure Income Fund		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	ASSET BACKED OBLIGATIONS - 47.6%
		ALTDE Trust
	3,672,644	Series 2025-1A-B		6.53	%^(a)		08/15/2050		3,675,986
		Apollo Aviation Securitization Equity Trust
	8,135,879	Series 2024-1A-B		6.90	%^(a)		05/16/2049		8,252,141
	5,000,000	Series 2025-2A-B		6.01	%^(a)		02/16/2050		5,036,795
		Blackbird Capital Aircraft
	2,074,214	Series 2016-1A-B		5.68	%^(a)(b)		12/16/2041		2,028,880
		Blue Stream Communications LLC
	2,000,000	Series 2023-1A-C		8.90	%^(a)		05/20/2053		2,065,880
		Cloud Capital Holdco LP
	3,500,000	Series 2024-2A-A2		5.92	%^(a)		11/22/2049		3,521,691
		Cologix Data Centers US Issuer LLC
	2,250,000	Series 2021-1A-B		3.79	%^(a)		12/26/2051		2,162,520
		Compass Datacenters LLC
	2,000,000	Series 2025-1A-B1		5.76	%^(a)		05/25/2050		2,052,850
		Cyrusone Holdco LLC
	2,000,000	Series 2023-1A-A2		4.30	%^(a)		04/20/2048		1,953,449
	1,308,331	Series 2023-1A-B		5.45	%^(a)		04/20/2048		1,278,493
	1,500,000	Series 2024-3A-A2		4.65	%^(a)		05/20/2049		1,431,021
		DataBank Issuer
	2,100,000	Series 2021-1A-C		4.43	%^(a)		02/27/2051		2,034,466
	6,500,000	Series 2023-1A-A2		5.12	%^(a)		02/25/2053		6,492,837
		Diamond Infrastructure Funding LLC
	2,250,000	Series 2021-1A-B		2.36	%^(a)		04/15/2049		2,128,188
		DigitalBridge Group, Inc.
	6,250,000	Series 2023-1A-B		5.75	%^(a)		09/15/2048		6,249,212
		Diversified Energy Co. PLC
	5,194,914	Series 2025-1A-A1		5.95	%^(a)		02/28/2045		5,259,960
		Falcon Aerospace Ltd.
	520,189	Series 2017-1-A		4.58	%^(a)		02/15/2042		523,382
		Falko Regional Aircraft Ltd.
	2,889,878	Series 2021-1A-A		5.75	%		04/15/2041		2,875,906
		GAIA Aviation Ltd.
	2,350,618	Series 2019-1-A		3.97	%^(a)(b)		12/15/2044		2,287,755
		GoodLeap Sustainable Home Solutions Trust
	3,006,410	Series 2021-3CS-B		2.41	%^(a)		05/20/2048		2,213,587
		GreenSky LLC
	9,025,000	Series 2025-1A-D		6.22	%^(a)		03/25/2060		9,114,781
		Helios Issuer LLC
	1,162,383	Series 2018-1A-A		4.87	%^(a)		07/20/2048		1,110,603
	1,122,212	Series 2021-B-B		2.01	%^(a)		07/20/2048		796,676
		HERO Funding Trust
	9,846	Series 2015-2A-A		3.99	%^(a)		09/20/2040		9,329
	288,667	Series 2016-3A-A2		3.91	%^(a)		09/20/2042		269,660
	713,066	Series 2016-4A-A2		4.29	%^(a)		09/20/2047		671,011
		Horizon Aircraft Finance Ltd.
	1,599,648	Series 2019-1-A		3.72	%^(a)		07/15/2039		1,531,994
		Hotwire Funding LLC
	5,000,000	Series 2021-1-C		4.46	%^(a)		11/20/2051		4,879,097
		ITE Rail Fund Levered LP
	2,126,612	Series 2021-3A-A		2.21	%^(a)		06/28/2051		2,020,972
		JOL Air Ltd.
	2,751,359	Series 2019-1-A		3.97	%^(a)		04/15/2044		2,710,432
		Kestrel Aircraft Funding USA LLC
	769,656	Series 2018-1A-A		4.25	%^(a)		12/15/2038		767,816
		Luminace Issuer LLC
	6,733,292	Series 2024-1-A		5.87	%^(a)		10/30/2031		6,714,357

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Mosaic Solar Loans LLC
	1,210,630	Series 2018-1A-A		4.01	%^(a)		06/22/2043		1,134,388
	1,582,067	Series 2019-2A-B		3.28	%^(a)		09/20/2040		1,428,724
	2,677,686	Series 2021-3A-B		1.92	%^(a)		06/20/2052		2,057,053
	1,813,720	Series 2022-1A-B		3.16	%^(a)		01/20/2053		1,395,746
	4,501,005	Series 2025-1A-A		6.12	%^(a)		08/22/2050		4,471,666
		NP Railcar Holdings LLC
	28,037	Series 2016-1A-A1		4.16	%^(a)		04/20/2046		27,909
	1,007,288	Series 2017-1A-A1		3.37	%^(a)		10/21/2047		985,266
	3,978,883	Series 2021-1A-A1		2.23	%^(a)		03/19/2051		3,807,089
		Purewest Abs Issuer LLC
	4,371,291	Series 2025-1-A1		5.69	%^(a)		04/05/2040		4,439,973
		QTS Issuer ABS I LLC
	5,000,000	Series 2025-1A-B		5.93	%^(a)		05/25/2055		5,077,995
		Shenton Aircraft Investment Ltd.
	89,600	Series 2015-1A-A		4.75	%^(a)		10/15/2042		87,525
		SSI ABS Issuer LLC
	5,000,000	Series 2025-1-A		6.15	%^(a)		07/25/2065		5,017,525
		Stack Infrastructure Issuer LLC
	5,280,000	Series 2025-1A-A2		5.00	%^(a)		05/25/2050		5,233,868
		Start/Bermuda
	616,143	Series 2018-1-A		4.09	%^(a)		05/15/2043		616,182
		Sunnova Energy International, Inc.
	944,717	Series 2020-AA-A		2.98	%^(a)		06/20/2047		823,969
		Switch ABS Issuer LLC
	4,000,000	Series 2024-1A-B		6.50	%^(a)		03/25/2054		4,048,726
	5,000,000	Series 2024-2A-C		10.03	%^(a)		06/25/2054		5,188,097
		Thunderbolt Aircraft Lease
	634,481	Series 2018-A-A		4.15	%^(a)(b)		09/15/2038		633,028
	1,020,964	Series 2018-A-B		5.07	%^(a)(b)		09/15/2038		1,010,659
		Trinity Industries Leasing Co.
	2,212,721	Series 2010-1A-A		5.19	%^(a)		10/16/2040		2,215,522
		Vault DI Issuer LLC
	5,000,000	Series 2021-1A-A2		2.80	%^(a)		07/15/2046		4,837,558
		Vivant Solar Financing V Parent LLC
	4,116,783	Series 2018-1A-A		4.73	%^(a)		04/30/2048		3,911,361
		WAVE USA
	1,105,755	Series 2017-1A-A		3.84	%^(a)		11/15/2042		1,080,241
		Willis Lease Finance Corp.
	5,000,000	Series 2025-A-A		5.58	%^(a)		06/15/2050		5,092,465
		Wireless PropCo Funding Parent LLC
	3,600,000	Series 2025-1A-C		8.51	%^(a)		06/25/2055		3,630,402
		Total Asset Backed Obligations (Cost $163,902,679)							162,374,664
	FOREIGN CORPORATE BONDS - 5.5%
	5,500,000	APA Infrastructure Ltd.		4.25	%^(a)		07/15/2027		5,476,446
	2,000,000	Emirates Semb Corp. Water & Power Co. PJSC		4.45	%^(a)		08/01/2035		1,881,090
	1,853,490	Energia Eolica SA		6.00	%^(c)		08/30/2034		1,860,441
	2,350,061	Fermaca Enterprises S de RL de CV		6.38	%^(a)		03/30/2038		2,300,791
	1,280,330	Fermaca Enterprises S de RL de CV		6.38	%		03/30/2038		1,253,488
	218,768	Interoceanica IV Finance Ltd. Series 2007		0.00	%^(c)		11/30/2025		212,478
	95,116	Interoceanica IV Finance Ltd. Series 2007		0.00	%^(a)(c)		11/30/2025		92,382
	6,000,000	Transelec SA		3.88	%^(a)		01/12/2029		5,814,387
		Total Foreign Corporate Bonds (Cost $19,379,013)							18,891,503
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.8%
	139,181	Lima Metro Line 2 Finance Ltd.		5.88	%		07/05/2034		141,250
	2,584,787	Lima Metro Line 2 Finance Ltd.		5.88	%^(a)		07/05/2034		2,623,220
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $2,825,345)							2,764,470

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	US CORPORATE BONDS - 43.3%
	6,000,000	Ameren Corp.		5.38	%		03/15/2035		6,039,707
	11,015,000	AT&T, Inc.		4.30	%		12/15/2042		9,286,841
	5,000,000	Burlington Northern Santa Fe LLC		5.20	%		04/15/2054		4,737,768
	3,500,000	Cheniere Energy, Inc.		5.65	%		04/15/2034		3,586,316
	8,000,000	Crown Castle, Inc.		5.10	%		05/01/2033		7,971,686
	5,000,000	Duke Energy Florida LLC		5.88	%		11/15/2033		5,332,350
	8,000,000	Energy Transfer LP		5.75	%		02/15/2033		8,307,730
	5,000,000	Enterprise Products Operating LLC		5.55	%		02/16/2055		4,828,687
	8,500,000	Eversource Energy		5.13	%		05/15/2033		8,511,348
	7,400,000	Exelon Corp.		5.30	%		03/15/2033		7,586,280
	5,750,000	Flex Intermediate Holdco LLC		4.32	%^(a)		12/30/2039		4,544,055
	2,000,000	Foundry JV Holdco LLC		6.15	%^(a)		01/25/2032		2,106,153
	2,000,000	Foundry JV Holdco LLC		5.88	%^(a)		01/25/2034		2,034,247
	3,000,000	Foundry JV Holdco LLC		6.30	%^(a)		01/25/2039		3,142,411
	6,000,000	HA Sustainable Infrastructure Capital, Inc.		6.38	%		07/01/2034		6,003,988
	7,500,000	ITC Holdings Corp.		5.40	%^(a)		06/01/2033		7,590,193
	5,500,000	Kinder Morgan, Inc.		5.55	%		06/01/2045		5,193,674
	8,000,000	MPLX LP		5.00	%		03/01/2033		7,892,809
	3,500,000	ONEOK, Inc.		6.63	%		09/01/2053		3,640,567
	5,000,000	Pluto 2 (GIP Sharon Finco)		6.64	%^(c)		09/30/2046		5,088,000
	5,000,000	Sempra		5.50	%		08/01/2033		5,106,589
	9,150,000	Southern Co.		5.50	%		03/15/2029		9,528,948
	4,500,000	T-Mobile USA, Inc.		5.50	%		01/15/2055		4,269,665
	5,000,000	Venture Global Calcasieu Pass LLC		6.25	%^(a)		01/15/2030		5,160,575
	6,000,000	Western Midstream Operating LP		5.25	%		02/01/2050		5,051,936
	5,000,000	Williams Cos., Inc.		6.30	%		04/15/2040		5,312,526
		Total US Corporate Bonds (Cost $147,741,168)							147,855,049
	US GOVERNMENT AND AGENCY OBLIGATIONS - 1.2%
	4,000,000	United States Treasury Note/Bond		4.25	%		06/30/2029		4,075,391
		Total US Government and Agency Obligations (Cost $4,024,339)							4,075,391
	SHORT TERM INVESTMENTS - 1.1%
	1,348,913	First American Government Obligations Fund - U		4.28	%^(d)				1,348,913
	1,265,913	JPMorgan US Government Money Market Fund - IM		4.28	%^(d)				1,265,913
	1,265,914	MSILF Government Portfolio - Institutional		4.24	%^(d)				1,265,914
		Total Short Term Investments (Cost $3,880,740)							3,880,740
		Total Investments - 99.5% (Cost $341,753,284)							339,841,817
		Other Assets in Excess of Liabilities - 0.5%							1,624,779
		NET ASSETS - 100.0%						$	341,466,596

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Asset Backed Obligations	47.6	%
US Corporate Bonds	43.3	%
Foreign Corporate Bonds	5.5	%
US Government and Agency Obligations	1.2	%
Short Term Investments	1.1	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.8	%
Other Assets and Liabilities	0.5	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Asset Backed Obligations	47.6	%
Energy	20.2	%
Utilities	15.9	%
Telecommunications	6.3	%
Transportation	3.3	%
Technology	2.1	%
Finance	1.8	%
US Government and Agency Obligations	1.2	%
Short Term Investments	1.1	%
Other Assets and Liabilities	0.5	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $202,264,708 or 59.2% of the Fund’s net assets.
(b)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(c)	Value determined using significant unobservable inputs.
(d)	Seven-day yield as of period end.

DoubleLine Shiller Enhanced International CAPE®		(Unaudited)

Schedule of Investments		June 30, 2025


PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	ASSET BACKED OBLIGATIONS - 7.4%
		Affirm, Inc.
	150,000	Series 2025-1A-B		5.13	%^(a)		02/15/2033		151,058
		Commonbond Student Loan Trust
	248,654	Series 2017-BGS-B		3.26	%^(a)		09/25/2042		217,505
		Diamond Resorts Owner Trust
	195,313	Series 2021-1A-A		1.51	%^(a)		11/21/2033		194,265
		DigitalBridge Group, Inc.
	500,000	Series 2023-1A-A2A		5.00	%^(a)		09/15/2048		496,383
		Marlette Funding Trust
	71,470	Series 2021-1A-D		2.47	%^(a)		06/16/2031		70,929
		Mosaic Solar Loans LLC
	333,223	Series 2021-3A-A		1.44	%^(a)		06/20/2052		271,936
		National Collegiate Student Loan Trust
	224,690	Series 2006-1-A5 (1 mo. Term SOFR + 0.46%, 0.00% Floor)		4.78	%		03/25/2033		221,908
		Navient Student Loan Trust
	247,102	Series 2018-A-B		3.68	%^(a)		02/18/2042		242,232
		Pagaya AI Debt Selection Trust
	76,805	Series 2024-1-A		6.66	%^(a)		07/15/2031		77,312
		SoFi Consumer Loan Program Trust
	195,932	Series 2025-1-A		4.80	%^(a)		02/27/2034		196,357
	150,000	Series 2025-2-B		4.97	%^(a)		06/25/2034		152,135
		Tesla Sustainable Energy Trust
	120,836	Series 2024-1A-A2		5.08	%^(a)		06/21/2050		121,365
		Theorem Funding Trust
	43,601	Series 2023-1A-A		7.58	%^(a)		04/15/2029		43,756
		Total Asset Backed Obligations (Cost $2,451,365)							2,457,141
	COLLATERALIZED LOAN OBLIGATIONS - 11.0%
		CBAM Ltd.
	500,000	Series 2017-2A-AR (3 mo. Term SOFR + 1.45%, 1.19% Floor)		5.73	%^(a)		07/17/2034		500,847
		Highbridge Loan Management Ltd.
	500,000	Series 3A-2014-CR (3 mo. Term SOFR + 3.86%, 0.00% Floor)		8.13	%^(a)		07/18/2029		504,504
		RR Ltd./Cayman Islands
	500,000	Series 2021-14A-A1 (3 mo. Term SOFR + 1.38%, 1.38% Floor)		5.64	%^(a)		04/15/2036		500,992
		Sound Point CLO Ltd.
	500,000	Series 2019-2A-AR (3 mo. Term SOFR + 1.43%, 1.17% Floor)		5.69	%^(a)		07/15/2034		501,030
	1,000,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.43%, 1.43% Floor)		5.70	%^(a)		07/20/2034		1,002,051
		Venture CDO Ltd.
	119,952	Series 2017-29A-AR (3 mo. Term SOFR + 1.25%, 0.99% Floor)		5.58	%^(a)		09/07/2030		120,071
		Wellfleet CLO Ltd.
	500,000	Series 2020-2A-AR (3 mo. Term SOFR + 1.48%, 1.22% Floor)		5.74	%^(a)		07/15/2034		500,913
		Total Collateralized Loan Obligations (Cost $3,611,257)							3,630,408
	FOREIGN CORPORATE BONDS - 1.5%
	22,000	Avolon Holdings Funding Ltd.		6.38	%^(a)		05/04/2028		22,951
	53,000	Avolon Holdings Funding Ltd.		5.38	%^(a)		05/30/2030		54,012
	2,000	BAT Capital Corp.		4.91	%		04/02/2030		2,028
	23,000	BAT International Finance PLC		5.93	%		02/02/2029		24,144
	24,000	Canadian Imperial Bank of Commerce (SOFR + 1.11%)		5.25	%		01/13/2031		24,593
	61,000	Canadian Pacific Railway Co.		4.80	%		03/30/2030		62,011
	75,000	Element Fleet Management Corp.		5.04	%^(a)		03/25/2030		75,693

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	12,000	Enbridge, Inc.		6.00	%		11/15/2028		12,603
	50,000	Glencore Funding LLC (SOFR + 1.06%)		5.40	%^(a)		04/04/2027		50,253
	10,000	Glencore Funding LLC		4.91	%^(a)		04/01/2028		10,104
	33,000	Rio Tinto Finance USA PLC		4.88	%		03/14/2030		33,647
	53,000	Royal Bank of Canada (SOFR + 0.86%)		5.22	%		10/18/2028		53,082
	68,000	Videotron Ltd.		5.13	%^(a)		04/15/2027		68,079
		Total Foreign Corporate Bonds (Cost $487,371)							493,200
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 13.1%
		280 Park Avenue Mortgage Trust
	100,000	Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor)		5.49	%^(a)		09/15/2034		99,119
		Arbor Multifamily Mortgage Securities Trust
	1,619,746	Series 2021-MF2-XA		1.22	%^(a)(b)(c)		06/15/2054		79,703
		AREIT Trust
	52,981	Series 2022-CRE6-A (30 day avg SOFR US + 1.25%, 1.25% Floor)		5.55	%^(a)		01/20/2037		53,199
		BANK
	2,701,875	Series 2021-BN36-XA		0.98	%^(b)(c)		09/15/2064		88,795
		BBCMS Trust
	1,959,941	Series 2025-5C34-XA		1.39	%^(b)(c)		05/15/2058		97,329
		BDS Ltd.
	48,244	Series 2021-FL10-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)		5.78	%^(a)		12/16/2036		48,421
		Benchmark Mortgage Trust
	4,294,645	Series 2018-B2-XA		0.60	%^(b)(c)		02/15/2051		38,373
	2,271,000	Series 2021-B26-XB		0.64	%^(a)(b)(c)		06/15/2054		71,060
	1,774,960	Series 2021-B28-XA		1.37	%^(b)(c)		08/15/2054		95,282
		BPR Trust
	120,000	Series 2021-TY-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.48	%^(a)		09/15/2038		119,895
		BrightSpire Capital, Inc.
	37,975	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		08/19/2038		37,657
	100,000	Series 2024-FL2-A (1 mo. Term SOFR + 1.95%, 1.95% Floor)		6.26	%^(a)		08/19/2037		100,338
		BX Trust
	87,965	Series 2021-CIP-A (1 mo. Term SOFR + 1.04%, 0.92% Floor)		5.35	%^(a)		12/15/2038		87,943
	87,674	Series 2021-SOAR-B (1 mo. Term SOFR + 0.98%, 0.87% Floor)		5.30	%^(a)		06/15/2038		87,713
	83,297	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)		5.11	%^(a)		10/15/2038		83,309
	50,812	Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor)		6.76	%^(a)		08/15/2039		50,860
		BXP Trust
	100,000	Series 2017-GM-A		3.38	%^(a)		06/13/2039		96,786
		CFCRE Commercial Mortgage Trust
	100,000	Series 2016-C7-A3		3.84	%		12/10/2054		98,620
		Citigroup Commercial Mortgage Trust
	2,500,489	Series 2016-C1-XA		1.98	%^(b)(c)		05/10/2049		19,642
	100,000	Series 2016-P3-A4		3.33	%		04/15/2049		98,506
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	100,000	Series 2016-C1-B		4.20	%^(b)		05/10/2049		93,442
		Commercial Mortgage Pass Through Certificates
	4,222,152	Series 2015-CR27-XA		1.00	%^(b)(c)		10/10/2048		91
	5,899,257	Series 2015-LC21-XD		1.27	%^(a)(b)(c)		07/10/2048		166
		Commercial Mortgage Trust
	2,400,000	Series 2021-PF1-XD		1.22	%^(a)(b)(c)		11/15/2054		138,732
		Computershare Corporate Trust
	978,414	Series 2015-NXS2-XA		0.27	%^(b)(c)		07/15/2058		337
	2,627,102	Series 2015-P2-XA		1.05	%^(b)(c)		12/15/2048		3,672
	153,196	Series 2018-C43-A3		3.75	%		03/15/2051		150,183
	2,414,083	Series 2018-C48-XA		1.10	%^(b)(c)		01/15/2052		61,450
	107,674	Series 2019-C53-ASB		2.96	%		10/15/2052		104,695
	840,379	Series 2021-C59-XA		1.62	%^(b)(c)		04/15/2054		52,007
		CSAIL Commercial Mortgage Trust
	71,807	Series 2015-C4-A4		3.81	%		11/15/2048		71,529

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Extended Stay America Trust
	102,927	Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)		5.51	%^(a)		07/15/2038		103,018
		Franklin BSP Realty Trust, Inc.
	33,978	Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor)		5.80	%^(a)		02/15/2037		33,989
		FS Rialto
	47,301	Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor)		5.65	%^(a)		05/16/2038		47,023
	56,903	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)		5.68	%^(a)		11/16/2036		56,875
		Granite Point Mortgage Trust, Inc.
	23,493	Series 2021-FL3-A (1 mo. Term SOFR + 1.61%, 1.36% Floor)		5.93	%^(a)		07/16/2035		23,097
		Great Wolf Trust
	100,000	Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.85	%^(a)		03/15/2039		100,282
		Greystone Commercial Real Estate Notes
	46,103	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)		5.45	%^(a)		07/15/2039		46,177
		GS Mortgage Securities Corp. II
	3,877,191	Series 2016-GS4-XA		0.68	%^(b)(c)		11/10/2049		16,577
		KREF
	48,827	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.50	%^(a)		02/15/2039		48,810
		LoanCore
	37,791	Series 2021-CRE5-A (1 mo. Term SOFR + 1.41%, 1.41% Floor)		5.73	%^(a)		07/15/2036		37,637
	42,018	Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor)		5.73	%^(a)		11/15/2038		42,164
	81,849	Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor)		5.85	%^(a)		01/17/2037		82,089
		Lument Finance Trust, Inc.
	30,711	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)		5.60	%^(a)		06/15/2039		30,780
		MF1 Multifamily Housing Mortgage Loan Trust
	72,818	Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor)		5.67	%^(a)		02/19/2037		72,818
	56,618	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.47	%^(a)		06/19/2037		56,778
	100,000	Series 2024-FL14-A (1 mo. Term SOFR + 1.74%, 1.74% Floor)		6.05	%^(a)		03/19/2039		100,444
		Morgan Stanley Bank of America Merrill Lynch Trust
	4,953,748	Series 2017-C34-XE		1.01	%^(a)(b)(c)		11/15/2052		86,738
		Morgan Stanley Capital I, Inc.
	15,277,000	Series 2017-ASHF-XCP		0.00	%^(a)(b)(c)		11/15/2025		15
		MTN Commercial Mortgage Trust
	100,000	Series 2022-LPFL-A (1 mo. Term SOFR + 1.40%, 1.40% Floor)		5.72	%^(a)		03/15/2039		99,996
		Ready Capital Corp.
	24,011	Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		11/25/2036		24,082
		SFO Commercial Mortgage Trust
	100,000	Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		05/15/2038		99,616
		SG Commercial Mortgage Securities LLC
	1,909,650	Series 2016-C5-XA		1.98	%^(b)(c)		10/10/2048		19,665
		SLG Office Trust
	18,169,000	Series 2021-OVA-X		0.26	%^(a)(b)(c)		07/15/2041		223,731
		SREIT Trust
	100,661	Series 2021-MFP-A (1 mo. Term SOFR + 0.85%, 0.73% Floor)		5.16	%^(a)		11/15/2038		100,629
	100,000	Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor)		5.25	%^(a)		11/15/2036		99,970
		Starwood Property Trust, Inc.
	46,018	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		04/18/2038		45,830
		TPG Real Estate Finance Issuer Ltd.
	42,143	Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		03/15/2038		42,141
	88,374	Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor)		5.96	%^(a)		02/15/2039		88,682
	100,000	Series 2025-FL6-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.85	%^(a)		09/18/2042		100,116
		TTAN
	99,976	Series 2021-MHC-B (1 mo. Term SOFR + 1.21%, 1.10% Floor)		5.53	%^(a)		03/15/2038		100,060
		UBS Commercial Mortgage Trust
	5,378,000	Series 2017-C3-XB		0.52	%^(b)(c)		08/15/2050		48,695
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $6,133,686)							4,307,378

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 15.3%
		AJAX Mortgage Loan Trust
	167,240	Series 2021-C-A		5.12	%^(a)(d)		01/25/2061		166,903
		Chase Mortgage Finance Corp.
	547,418	Series 2006-A1-2A2		5.58	%^(b)		09/25/2036		486,301
		Citigroup Mortgage Loan Trust, Inc.
	34,671	Series 2006-AR2-1A2		5.46	%^(b)		03/25/2036		34,037
		COLT Funding LLC
	419,340	Series 2021-HX1-A1		1.11	%^(a)(b)		10/25/2066		360,676
		Countrywide Alternative Loan Trust
	310,689	Series 2007-9T1-1A6		6.00	%		05/25/2037		142,616
		Credit Suisse Mortgage Capital Certificates
	609,276	Series 2022-NQM1-A1		2.27	%^(a)(b)		11/25/2066		555,230
		Deutsche ALT-A Securities, Inc.
	284,048	Series 2006-AR6-A6 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 10.50% Cap)		4.81	%		02/25/2037		246,004
		Lehman XS Trust
	116,854	Series 2007-6-2A1 (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.85	%		05/25/2037		99,496
		Merrill Lynch Alternative Note Asset
	765,712	Series 2007-OAR5-1A1		3.69	%^(b)		10/25/2047		209,236
		Merrill Lynch Mortgage Backed Securities Trust
	795,566	Series 2007-2-1A1 (1 yr. CMT Rate + 2.40%, 2.40% Floor)		6.53	%		08/25/2036		680,951
		Onslow Bay Mortgage Loan Trust
	153,129	Series 2020-EXP2-A3		2.50	%^(a)(b)		05/25/2060		129,980
		PRPM LLC
	247,301	Series 2021-4-A1		5.87	%^(a)(d)		04/25/2026		247,720
		RALI Trust
	595,750	Series 2007-QS8-A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.03	%		06/25/2037		440,670
		Starwood Mortgage Residential Trust
	500,000	Series 2020-2-M1E		3.00	%^(a)		04/25/2060		489,177
	302,433	Series 2021-5-A1		1.92	%^(a)(b)		09/25/2066		256,387
		Velocity Commercial Capital Loan Trust
	134,127	Series 2018-2-A		4.05	%^(a)(b)		10/26/2048		130,988
	437,834	Series 2021-2-M2		2.20	%^(a)(b)		08/25/2051		354,007
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $5,807,082)							5,030,379
	US CORPORATE BONDS - 13.9%
	18,000	AbbVie, Inc.		4.88	%		03/15/2030		18,437
	4,000	Agilent Technologies, Inc.		4.20	%		09/09/2027		3,999
	12,000	Altria Group, Inc.		6.20	%		11/01/2028		12,672
	66,000	American Electric Power Co., Inc.		5.20	%		01/15/2029		67,710
	81,000	American Express Co. (SOFR + 1.26%)		4.73	%		04/25/2029		81,937
	17,000	American Homes 4 Rent LP		4.25	%		02/15/2028		16,903
	28,000	American International Group, Inc.		4.85	%		05/07/2030		28,460
	15,000	American National Group, Inc.		5.75	%		10/01/2029		15,368
	91,000	American Tower Corp.		4.90	%		03/15/2030		92,327
	27,000	Amrize Finance US LLC		4.70	%^(a)		04/07/2028		27,253
	30,000	APA Corp.		4.25	%^(a)		01/15/2030		28,733
	31,000	AppLovin Corp.		5.13	%		12/01/2029		31,413
	38,000	Arrow Electronics, Inc.		5.15	%		08/21/2029		38,600
	80,000	Athene Global Funding		4.72	%^(a)		10/08/2029		79,862
	23,000	Atlassian Corp.		5.25	%		05/15/2029		23,624
	8,000	Avery Dennison Corp.		4.88	%		12/06/2028		8,126
	4,000	Aviation Capital Group LLC		6.25	%^(a)		04/15/2028		4,169
	7,000	Bank of America Corp. (SOFR + 1.75%)		4.83	%		07/22/2026		7,000
	20,000	Bank of America Corp. (3 mo. Term SOFR + 1.32%)		3.56	%		04/23/2027		19,859
	52,000	Bank of America Corp. (SOFR + 0.83%)		4.98	%		01/24/2029		52,755

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	52,000	Biogen, Inc.		5.05	%		01/15/2031		52,959
	16,000	Boardwalk Pipelines LP		4.45	%		07/15/2027		16,000
	46,000	Broadcom, Inc.		3.15	%		11/15/2025		45,762
	22,000	Broadcom, Inc.		4.35	%		02/15/2030		21,925
	8,000	Brown & Brown, Inc.		4.70	%		06/23/2028		8,070
	9,000	Brown & Brown, Inc.		4.50	%		03/15/2029		9,001
	24,000	Bunge Ltd. Finance Corp.		4.20	%		09/17/2029		23,739
	72,000	Capital One Financial Corp. (SOFR + 2.16%)		4.99	%		07/24/2026		71,998
	23,000	Cardinal Health, Inc.		5.13	%		02/15/2029		23,594
	23,000	CenterPoint Energy, Inc.		5.40	%		06/01/2029		23,785
	38,000	Cheniere Energy Partners LP		4.50	%		10/01/2029		37,606
	31,000	Citigroup, Inc. (SOFR + 0.87%)		4.79	%		03/04/2029		31,227
	66,000	Citigroup, Inc. (SOFR + 1.34%)		4.54	%		09/19/2030		65,714
	12,000	CNA Financial Corp.		3.90	%		05/01/2029		11,779
	48,000	Corebridge Global Funding		5.75	%^(a)		07/02/2026		48,620
	5,000	Coterra Energy, Inc.		3.90	%		05/15/2027		4,939
	3,000	Coterra Energy, Inc.		4.38	%		03/15/2029		2,972
	24,000	CubeSmart LP		4.38	%		02/15/2029		23,870
	15,000	Darden Restaurants, Inc.		4.35	%		10/15/2027		15,034
	10,000	DCP Midstream Operating LP		5.13	%		05/15/2029		10,163
	54,000	Dell International LLC / EMC Corp.		4.35	%		02/01/2030		53,539
	52,000	Delta Air Lines, Inc.		4.95	%		07/10/2028		52,331
	12,000	Devon Energy Corp.		5.25	%		10/15/2027		12,027
	27,000	Dominion Energy, Inc.		5.00	%		06/15/2030		27,566
	28,000	DTE Energy Co.		5.20	%		04/01/2030		28,666
	30,000	Edwards Lifesciences Corp.		4.30	%		06/15/2028		29,962
	34,000	Elevance Health, Inc.		5.15	%		06/15/2029		34,983
	60,000	Energy Transfer LP		6.05	%		12/01/2026		61,282
	6,000	EQT Corp.		3.90	%		10/01/2027		5,922
	8,000	EQT Corp.		7.00	%		02/01/2030		8,676
	34,000	Equifax, Inc.		4.80	%		09/15/2029		34,299
	18,000	Essential Utilities, Inc.		4.80	%		08/15/2027		18,196
	2,000	Essential Utilities, Inc.		3.57	%		05/01/2029		1,943
	50,000	Evergy Kansas Central, Inc.		4.70	%		03/13/2028		50,593
	32,000	Exelon Corp.		5.15	%		03/15/2029		32,844
	106,000	Extra Space Storage LP		5.50	%		07/01/2030		109,995
	2,000	FirstEnergy Transmission LLC		4.55	%		01/15/2030		2,002
	83,000	Fiserv, Inc.		4.75	%		03/15/2030		83,594
	24,000	GATX Corp.		4.70	%		04/01/2029		24,214
	2,000	GATX Corp.		4.00	%		06/30/2030		1,947
	64,000	GE HealthCare Technologies, Inc.		4.80	%		08/14/2029		64,957
	59,000	Genuine Parts Co.		4.95	%		08/15/2029		59,930
	18,000	Global Payments, Inc.		5.30	%		08/15/2029		18,332
	43,000	Goldman Sachs Bank USA/New York NY (SOFR + 0.77%)		5.23	%		03/18/2027		43,115
	69,000	Hewlett Packard Enterprise Co.		4.55	%		10/15/2029		68,671
	9,000	Huntington Bancshares, Inc./OH (SOFR + 1.28%)		5.27	%		01/15/2031		9,224
	34,000	Hyundai Capital America		4.55	%^(a)		09/26/2029		33,705
	23,000	Illumina, Inc.		4.65	%		09/09/2026		23,033
	108,000	Interstate Power and Light Co.		3.60	%		04/01/2029		104,893
	82,000	Jacobs Engineering Group, Inc.		6.35	%		08/18/2028		86,202
	60,000	JPMorgan Chase & Co. (SOFR + 0.92%)		5.28	%		04/22/2028		60,184
	38,000	JPMorgan Chase & Co. (SOFR + 0.80%)		4.92	%		01/24/2029		38,520
	23,000	Kinder Morgan, Inc.		5.00	%		02/01/2029		23,366
	21,000	Kyndryl Holdings, Inc.		2.05	%		10/15/2026		20,357
	34,000	Laboratory Corp. of America Holdings		4.35	%		04/01/2030		33,782
	34,000	LPL Holdings, Inc.		4.63	%^(a)		11/15/2027		33,945
	16,000	M&T Bank Corp. (SOFR + 0.93%)		4.83	%		01/16/2029		16,135

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	34,000	Marriott International, Inc./MD		4.80	%		03/15/2030		34,337
	61,000	Mars, Inc.		4.80	%^(a)		03/01/2030		61,827
	22,000	Marvell Technology, Inc.		5.75	%		02/15/2029		22,912
	26,000	Marvell Technology, Inc.		4.75	%		07/15/2030		26,123
	52,000	MasTec, Inc.		4.50	%^(a)		08/15/2028		51,322
	35,000	Merck Sharp & Dohme Corp.		5.95	%		12/01/2028		37,132
	23,000	Meritage Homes Corp.		5.13	%		06/06/2027		23,279
	5,000	Meritage Homes Corp.		3.88	%^(a)		04/15/2029		4,821
	24,000	Microchip Technology, Inc.		4.25	%		09/01/2025		23,973
	83,600	Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.		6.50	%^(a)		06/20/2027		83,762
	35,000	Molex Electronic Technologies LLC		4.75	%^(a)		04/30/2028		35,226
	52,000	MPLX LP		4.80	%		02/15/2029		52,519
	23,000	National Fuel Gas Co.		5.50	%		03/15/2030		23,651
	41,000	National Rural Utilities Cooperative Finance Corp.		4.75	%		02/07/2028		41,545
	5,000	New York Life Global Funding (SOFR + 0.48%)		4.92	%^(a)		06/09/2026		5,009
	6,000	New York Life Global Funding		4.70	%^(a)		01/29/2029		6,081
	75,000	NextEra Energy Capital Holdings, Inc.		5.05	%		03/15/2030		76,778
	37,000	NGPL PipeCo LLC		4.88	%^(a)		08/15/2027		36,823
	33,000	Niagara Mohawk Power Corp.		4.65	%^(a)		10/03/2030		33,000
	53,000	NiSource, Inc.		5.20	%		07/01/2029		54,433
	56,000	Northrop Grumman Corp.		4.65	%		07/15/2030		56,508
	22,000	Omega Healthcare Investors, Inc.		4.75	%		01/15/2028		22,109
	52,000	ONEOK, Inc.		5.38	%		06/01/2029		53,130
	24,000	ONEOK, Inc.		4.40	%		10/15/2029		23,826
	52,000	Oracle Corp.		5.80	%		11/10/2025		52,214
	4,000	Pacific Life Global Funding II (SOFR + 0.62%)		5.05	%^(a)		06/04/2026		4,014
	13,000	Paychex, Inc.		5.10	%		04/15/2030		13,320
	16,000	PayPal Holdings, Inc.		4.45	%		03/06/2028		16,133
	52,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.		5.25	%^(a)		02/01/2030		53,242
	14,000	Pinnacle West Capital Corp.		4.90	%		05/15/2028		14,200
	50,000	Public Service Enterprise Group, Inc.		5.88	%		10/15/2028		52,352
	32,000	Quanta Services, Inc.		4.75	%		08/09/2027		32,281
	32,000	Quest Diagnostics, Inc.		4.20	%		06/30/2029		31,874
	49,000	Republic Services, Inc.		4.75	%		07/15/2030		49,941
	3,000	Ryder System, Inc.		5.25	%		06/01/2028		3,079
	11,000	Ryder System, Inc.		4.95	%		09/01/2029		11,199
	30,000	Santander Holdings USA, Inc. (SOFR + 1.61%)		5.47	%		03/20/2029		30,509
	12,000	Sherwin-Williams Co.		4.55	%		03/01/2028		12,108
	20,000	Sonoco Products Co.		4.45	%		09/01/2026		19,985
	24,000	State Street Corp. (SOFR + 1.35%)		5.75	%		11/04/2026		24,108
	19,000	State Street Corp. (SOFR + 0.95%)		4.54	%		04/24/2028		19,128
	24,000	Sysco Corp.		5.10	%		09/23/2030		24,601
	22,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.		6.50	%		07/15/2027		22,015
	54,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.		6.88	%		01/15/2029		55,085
	55,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.		5.50	%		03/01/2030		55,831
	54,000	Truist Financial Corp. (SOFR + 1.46%)		4.26	%		07/28/2026		53,979
	86,000	Truist Financial Corp. (SOFR + 2.45%)		7.16	%		10/30/2029		93,042
	18,000	Uber Technologies, Inc.		6.25	%^(a)		01/15/2028		18,097
	52,000	Veralto Corp.		5.50	%		09/18/2026		52,634
	73,000	VICI Properties LP / VICI Note Co., Inc.		4.25	%^(a)		12/01/2026		72,581
	52,000	Wells Fargo & Co. (SOFR + 1.07%)		5.43	%		04/22/2028		52,368
	25,000	Wells Fargo & Co. (SOFR + 1.79%)		6.30	%		10/23/2029		26,426

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	5,000	Western Midstream Operating LP		6.35	%		01/15/2029		5,237
	33,000	Western Midstream Operating LP		4.05	%		02/01/2030		31,750
	35,000	Williams Cos., Inc.		4.80	%		11/15/2029		35,415
	9,000	Zimmer Biomet Holdings, Inc.		4.70	%		02/19/2027		9,052
	32,000	Zimmer Biomet Holdings, Inc.		5.05	%		02/19/2030		32,807
		Total US Corporate Bonds (Cost $4,538,549)							4,591,629
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 3.7%
		Federal National Mortgage Association
	1,237,289	Series 2013-92-FA (30 day avg SOFR US + 0.66%, 0.55% Floor, 6.50% Cap)		4.97	%		09/25/2043		1,225,709
		Total US Government and Agency Mortgage Backed Obligations (Cost $1,197,271)							1,225,709
	US GOVERNMENT AND AGENCY OBLIGATIONS - 16.7%
	111,352	United States Treasury Inflation Indexed Bonds		2.38	%		01/15/2027		113,229
	159,065	United States Treasury Inflation Indexed Bonds		0.13	%		04/15/2027		155,755
	75,805	United States Treasury Inflation Indexed Bonds		1.63	%		10/15/2027		76,762
	800,000	United States Treasury Note/Bond		0.38	%		01/31/2026		782,427
	510,000	United States Treasury Note/Bond		0.75	%		03/31/2026		497,456
	600,000	United States Treasury Note/Bond		0.75	%		05/31/2026		582,380
	450,000	United States Treasury Note/Bond		0.63	%		07/31/2026		434,197
	1,000,000	United States Treasury Note/Bond		0.88	%^(e)		09/30/2026		963,438
	1,400,000	United States Treasury Note/Bond		0.63	%^(e)		03/31/2027		1,326,391
	630,000	United States Treasury Note/Bond		0.50	%		06/30/2027		591,277
		Total US Government and Agency Obligations (Cost $5,493,198)							5,523,312
	AFFILIATED MUTUAL FUNDS - 2.0%
	72,135	DoubleLine Floating Rate Fund - Class I							647,048
		Total Affiliated Mutual Funds (Cost $686,722)							647,048
	SHORT TERM INVESTMENTS - 11.4%
	357,619	First American Government Obligations Fund - U		4.28	%^(f)				357,619
	357,619	JPMorgan US Government Money Market Fund - IM		4.28	%^(f)				357,619
	357,620	MSILF Government Portfolio - Institutional		4.24	%^(f)				357,620
	2,700,000	United States Treasury Bill		0.00	%		07/31/2025		2,690,669
		Total Short Term Investments (Cost $3,763,485)							3,763,527
		Total Investments - 96.0% (Cost $34,169,986)							31,669,731
		Other Assets in Excess of Liabilities - 4.0%							1,311,004
		NET ASSETS - 100.0%						$	32,980,735

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	16.7	%
Non-Agency Residential Collateralized Mortgage Obligations	15.3	%
US Corporate Bonds	13.9	%
Non-Agency Commercial Mortgage Backed Obligations	13.1	%
Short Term Investments	11.4	%
Collateralized Loan Obligations	11.0	%
Asset Backed Obligations	7.4	%
US Government and Agency Mortgage Backed Obligations	3.7	%
Affiliated Mutual Funds	2.0	%
Foreign Corporate Bonds	1.5	%
Other Assets and Liabilities	4.0	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	16.7	%
Non-Agency Residential Collateralized Mortgage Obligations	15.3	%
Non-Agency Commercial Mortgage Backed Obligations	13.1	%
Short Term Investments	11.4	%
Collateralized Loan Obligations	11.0	%
Asset Backed Obligations	7.4	%
US Government and Agency Mortgage Backed Obligations	3.7	%
Banking	2.6	%
Energy	2.1	%
Affiliated Mutual Funds	2.0	%
Technology	1.8	%
Utilities	1.8	%
Healthcare	0.9	%
Insurance	0.7	%
Transportation	0.6	%
Aerospace & Defense	0.6	%
Real Estate	0.5	%
Industrial Equipment	0.5	%
Finance	0.4	%
Food Products	0.3	%
Pharmaceuticals	0.3	%
Hotels/Motels/Inns and Casinos	0.3	%
Media	0.3	%
Mining	0.3	%
Telecommunications	0.2	%
Retailers (other than Food/Drug)	0.2	%
Construction	0.2	%
Diversified Manufacturing	0.2	%
Environmental Control	0.1	%
Beverage and Tobacco	0.1	%
Automotive	0.1	%
Containers and Glass Products	0.1	%
Commercial Services	0.1	%
Food Service	0.1	%
Chemicals/Plastics	0.0	%^(g)
Other Assets and Liabilities	4.0	%
Net Assets	100.0	%

(a)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $12,708,381 or 38.5% of the Fund’s net assets.
(b)		Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(c)		Interest only security
(d)		Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(e)		All or portion of this security has been pledged as collateral.
(f)		Seven-day yield as of period end.
(g)		Represents less than 0.05% of net assets.

CMT	Constant Maturity Treasury Rate
SOFR	Secured Overnight Financing Rate

Swap Agreements

Excess Return Swaps

Reference Entity	Counterparty	Long/ Short	Financing Rate			Payment Frequency	Termination Date	Notional Amount			Value			Upfront Premiums Paid/ (Received)		Unrealized Appreciation (Depreciation)
Shiller Barclays CAPE® Europe Sector Net ER NoC Index ⁽¹⁾	Barclays Capital, Inc.	Long		0.20	%	Termination	07/25/2025		2,200,000	EUR	$	12,208		$	–	$	12,208
Shiller Barclays CAPE® Europe Sector Net ER NoC Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.20	%	Termination	05/21/2026		14,400,000	EUR		(44,881	)		–		(44,881	)
Shiller Barclays CAPE® Europe Sector Net ER NoC Index ⁽¹⁾	BNP Paribas Securities Corp.	Long		0.20	%	Termination	02/19/2026		12,000,000	EUR		(799,373	)		–		(799,373	)
											$	(832,046	)		–	$	(832,046	)

(1)		Shiller Barclays CAPE® Europe Sector Net ER NoC Index aims to provide notional long exposure to the top four European equity sectors that are relatively undervalued, as defined by a modified version of the classic CAPE® Ratio (the “Relative CAPE® Indicator”) and that possess relatively strong price momentum over the prior twelve months. Each European sector is represented by an index of equity securities of companies in the relevant sector. Information on the sector constituents as of June 30, 2025, is available on the Barclays Capital, Inc. website at https://indices.barclays/IM/12/en/indices/details.app;ticker=BXIIESAE.

EUR

Euro

Forward Currency Exchange Contracts
Settlement Date	Counterparty	Currency to be Delivered			Value		Currency to be Received			Value		Unrealized Appreciation (Depreciation)
02/04/2026	Goldman Sachs		5,152,676	USD	$	5,152,676		4,900,000	EUR	$	5,851,914	$	699,238
02/04/2026	Barclays Capital, Inc.		4,206,447	USD		4,206,447		4,000,000	EUR		4,777,073		570,627
10/08/2025	J.P. Morgan Securities, Inc.		9,196,542	USD		9,196,542		8,200,000	EUR		9,723,820		527,277
06/10/2026	Goldman Sachs		12,643,384	USD		12,643,384		10,800,000	EUR		12,979,963		336,579
10/08/2025	Goldman Sachs		3,347,491	USD		3,347,491		3,000,000	EUR		3,557,495		210,004
02/04/2026	J.P. Morgan Securities, Inc.		924,438	USD		924,438		800,000	EUR		955,415		30,976
10/08/2025	Barclays Capital, Inc.		334,578	USD		334,578		300,000	EUR		355,750		21,172
06/10/2026	Barclays Capital, Inc.		584,328	USD		584,328		500,000	EUR		600,924		16,596
10/08/2025	Goldman Sachs		600,000	EUR		711,499		707,550	USD		707,550		(3,949	)
06/10/2026	Barclays Capital, Inc.		500,000	EUR		600,924		585,201	USD		585,201		(15,723	)
06/10/2026	J.P. Morgan Securities, Inc.		1,000,000	EUR		1,201,849		1,169,350	USD		1,169,350		(32,498	)
02/04/2026	J.P. Morgan Securities, Inc.		600,000	EUR		716,561		630,773	USD		630,773		(85,788	)
10/08/2025	J.P. Morgan Securities, Inc.		1,200,000	EUR		1,422,998		1,320,209	USD		1,320,209		(102,789	)
												$	2,171,722

EUR	Euro
USD	US Dollar

A summary of the DoubleLine Shiller Enhanced International CAPE^®’s investments in affiliated mutual funds for the period ended June 30, 2025 is as follows:

Fund		Value at March 31, 2025				Gross Purchases				Gross Sales				Net Realized Gain (Loss) for the Period Ended June 30, 2025				Change in Unrealized for the Period Ended June 30, 2025				Value at June 30, 2025				Shares Held at June 30, 2025				Dividend Income Earned for the Period Ended June 30, 2025
DoubleLine Floating Rate Fund (Class I)		$	640,555			$	—			$	—			$	—			$	6,493			$	647,048				72,135			$	11,890

DoubleLine Emerging Markets Local Currency Bond Fund		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	FOREIGN CORPORATE BONDS - 20.1%
	BRAZIL - 0.6%
	550,000 BRL	Simpar Finance SARL		10.75	%^(a)		02/12/2028		81,491
	CHINA - 4.4%
	2,000,000 CNY	European Bank for Reconstruction & Development		2.75	%		04/27/2032		297,257
	2,210,000 CNY	International Bank for Reconstruction & Development		2.00	%		02/18/2026		309,001
									606,258
	COLOMBIA - 1.4%
	833,000,000 COP	Empresas Publicas de Medellin ESP		8.38	%^(a)		11/08/2027		187,528
	INDIA - 7.2%
	11,500,000 INR	Asian Development Bank		6.20	%		10/06/2026		134,132
	33,500,000 INR	European Investment Bank		6.95	%^(a)		03/01/2029		396,043
	20,000,000 INR	Inter-American Development Bank		7.00	%		01/25/2029		236,917
	18,000,000 INR	International Bank for Reconstruction & Development		6.85	%		04/24/2028		212,390
									979,482
	INDONESIA - 2.1%
	4,800,000,000 IDR	European Bank for Reconstruction & Development		4.25	%		02/07/2028		284,156
	MEXICO - 4.4%
	4,500,000 MXN	America Movil SAB de CV		10.30	%		01/30/2034		245,712
	6,900,000 MXN	International Finance Corp.		7.50	%		01/18/2028		362,432
									608,144
		Total Foreign Corporate Bonds (Cost $2,881,306)							2,747,059
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 75.4%
	BRAZIL - 9.8%
	2,000,000 BRL	Brazil Notas de Tesouro Nacional - Serie F		10.00	%		01/01/2027		349,294
	3,000,000 BRL	Brazil Notas de Tesouro Nacional - Serie F		10.00	%		01/01/2029		506,807
	3,000,000 BRL	Brazil Notas de Tesouro Nacional - Serie F		10.00	%		01/01/2031		484,737
									1,340,838
	CHILE - 0.7%
	90,000,000 CLP	Bonos de la Tesoreria de la Republica en pesos		4.50	%		03/01/2026		96,569
	COLOMBIA - 2.1%
	350,000,000 COP	Colombian TES		6.25	%		11/26/2025		84,827
	350,000,000 COP	Colombian TES		7.50	%		08/26/2026		84,077
	632,400,000 COP	Colombian TES		7.25	%		10/18/2034		113,344
									282,248
	CZECH REPUBLIC - 3.6%
	10,600,000 CZK	Czech Republic Government Bond		2.75	%		07/23/2029		487,887
	HUNGARY - 3.4%
	53,000,000 HUF	Hungary Government Bond		4.75	%		11/24/2032		138,715
	110,400,000 HUF	Hungary Government Bond		7.00	%		10/24/2035		324,765
									463,480
	INDIA - 1.1%
	12,000,000 INR	Export-Import Bank of Korea		8.10	%		10/16/2030		146,097
	INDONESIA - 10.0%
	6,065,000,000 IDR	Indonesia Treasury Bond		8.25	%		05/15/2029		398,979
	4,700,000,000 IDR	Indonesia Treasury Bond		7.00	%		02/15/2033		296,702
	6,170,000,000 IDR	Indonesia Treasury Bond		8.38	%		03/15/2034		423,181
	3,662,000,000 IDR	Indonesia Treasury Bond		7.50	%		06/15/2035		239,564
									1,358,426
	ISRAEL - 1.9%
	880,000 ILS	Israel Government Bond		3.75	%		09/30/2027		259,953
	MALAYSIA - 3.4%
	1,900,000 MYR	Malaysia Government Bond		3.58	%		07/15/2032		456,562
	MEXICO - 8.6%
	6,250,000 MXN	Mexican Bonos		5.75	%		03/05/2026		327,594

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	11,280,000 MXN	Mexican Bonos		7.75	%		05/29/2031		573,188
	5,600,000 MXN	Mexican Bonos		8.00	%		02/21/2036		272,362
									1,173,144
	PERU - 4.0%
	1,670,000 PEN	Peru Government Bond		5.40	%		08/12/2034		444,804
	350,000 PEN	Peruvian Government International Bond		6.90	%		08/12/2037		100,453
									545,257
	PHILIPPINES - 0.6%
	4,500,000 PHP	Philippine Government Bond		6.88	%		01/10/2029		82,611
	POLAND - 6.5%
	1,575,000 PLN	Republic of Poland Government Bond		1.75	%		04/25/2032		352,688
	2,000,000 PLN	Republic of Poland Government Bond		5.00	%		10/25/2034		538,294
									890,982
	ROMANIA - 4.7%
	1,660,000 RON	Romania Government Bond		6.30	%		04/26/2028		375,866
	1,100,000 RON	Romania Government Bond		8.00	%		04/29/2030		261,872
									637,738
	SOUTH AFRICA - 10.2%
	14,460,000 ZAR	Republic of South Africa Government Bond		8.88	%		02/28/2035		764,680
	12,820,000 ZAR	Republic of South Africa Government Bond		8.50	%		01/31/2037		631,278
									1,395,958
	THAILAND - 4.8%
	6,150,000 THB	Thailand Government Bond		3.85	%		12/12/2025		191,157
	6,250,000 THB	Thailand Government Bond		3.35	%		06/17/2033		217,683
	8,000,000 THB	Thailand Government Bond		1.59	%		12/17/2035		246,200
									655,040
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $10,259,082)							10,272,790
	SHORT TERM INVESTMENTS - 2.5%
	112,169 USD	BlackRock Liquidity FedFund - Institutional		4.24	%^(b)				112,169
	112,201 USD	Fidelity Government Portfolio - Institutional		4.24	%^(b)				112,201
	112,288 USD	MSILF Government Portfolio - Institutional		4.24	%^(b)				112,288
		Total Short Term Investments (Cost $336,658)							336,658

		Total Investments - 98.0% (Cost $13,477,046)							13,356,507
		Other Assets in Excess of Liabilities - 2.0%							273,115
		NET ASSETS - 100.0%						$	13,629,622

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	75.4	%
Foreign Corporate Bonds	20.1	%
Short Term Investments	2.5	%
Other Assets and Liabilities	2.0	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	75.4	%
Finance	16.3	%
Short Term Investments	2.5	%
Telecommunications	1.8	%
Utilities	1.4	%
Transportation	0.6	%
Other Assets and Liabilities	2.0	%
Net Assets	100.0	%

COUNTRY BREAKDOWN as a % of Net Assets:
Mexico	13.0	%
Indonesia	12.1	%
Brazil	10.4	%
South Africa	10.2	%
India	8.3	%
Poland	6.5	%
Thailand	4.8	%
Romania	4.7	%
China	4.4	%
Peru	4.0	%
Czech Republic	3.6	%
Colombia	3.5	%
Hungary	3.4	%
Malaysia	3.4	%
United States	2.5	%
Israel	1.9	%
Chile	0.7	%
Philippines	0.6	%
Other Assets and Liabilities	2.0	%
Net Assets	100.0	%

(a)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $665,062 or 4.9% of the Fund's net assets.
(b)		Seven-day yield as of period end.

BRL		Brazilian Real
CLP		Chilean Peso
CNY		Chinese Yuan Renminbi
COP		Colombian Peso
CZK		Czech Republic Koruna
HUF		Hungarian Forint
IDR		Indonesian Rupiah
ILS		Israeli Shekel
INR		Indian Rupee
MXN		Mexican Peso
MYR		Malaysian Ringgit
PEN		Peruvian Sol
PHP		Philippine Peso
PLN		Polish Zloty
RON		Romanian Leu
THB		Thai Baht
USD		United States Dollar
ZAR		South African Rand

DoubleLine Income Fund		(Unaudited)

Schedule of Investments		June 30, 2025

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	ASSET BACKED OBLIGATIONS - 8.9%
		Affirm, Inc.
	500,000	Series 2023-B-D		8.78	%^(a)		09/15/2028		503,309
		ALTDE Trust
	979,372	Series 2025-1A-B		6.53	%^(a)		08/15/2050		980,263
		APL Finance DAC
	548,000	Series 2023-1A-C		8.50	%^(a)		07/21/2031		559,926
		Apollo Aviation Securitization Equity Trust
	478,581	Series 2024-1A-B		6.90	%^(a)		05/16/2049		485,420
	474,192	Series 2024-2A-B		6.61	%^(a)		09/16/2049		492,431
	487,753	Series 2025-1A-B		6.58	%^(a)		02/16/2050		498,066
		Compass Datacenters LLC
	500,000	Series 2024-1A-B		7.00	%^(a)		02/25/2049		514,373
		DigitalBridge Group, Inc.
	500,000	Series 2023-1A-B		5.75	%^(a)		09/15/2048		499,937
		Hardee's Funding
	493,750	Series 2024-1A-A2		7.25	%^(a)		03/20/2054		510,361
		Helios Issuer LLC
	555,001	Series 2019-AA-B		4.49	%^(a)		06/20/2046		490,389
		Hotwire Funding LLC
	1,000,000	Series 2021-1-B		2.66	%^(a)		11/20/2051		964,758
		Lunar Structured Aircraft Portfolio Notes
	511,802	Series 2021-1-C		5.68	%^(a)		10/15/2046		496,244
		MAPS Ltd.
	9,471	Series 2021-1A-C		5.44	%^(a)		06/15/2046		9,276
		Marlette Funding Trust
	386,315	Series 2022-3A-C		6.89	%^(a)		11/15/2032		387,669
		SSI ABS Issuer LLC
	250,000	Series 2025-1-A		6.15	%^(a)		07/25/2065		250,876
		Start Ltd./Bermuda
	131,169	Series 2019-1-C		6.41	%^(a)		03/15/2044		130,503
		Switch ABS Issuer LLC
	500,000	Series 2024-1A-B		6.50	%^(a)		03/25/2054		506,091
	750,000	Series 2024-2A-C		10.03	%^(a)		06/25/2054		778,215
		Uniti Group LP
	500,000	Series 2025-1A-B		6.37	%^(a)		04/20/2055		510,483
		Upstart Securitization Trust
	500,000	Series 2025-2-C		6.02	%^(a)		06/20/2035		505,051
		Willis Lease Finance Corp.
	261,010	Series 2020-A-C		6.66	%^(a)		03/15/2045		256,144
		Total Asset Backed Obligations (Cost $10,112,893)							10,329,785
	COLLATERALIZED LOAN OBLIGATIONS - 16.0%
		Anthelion Ltd.
	500,000	Series 2025-1A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)		0.00	%^(a)		07/20/2036		498,750
		Bain Capital Credit CLO
	500,000	Series 2024-1A-D1 (3 mo. Term SOFR + 3.85%, 3.85% Floor)		8.11	%^(a)		04/16/2037		507,615
		Battalion CLO Ltd.
	1,000,000	Series 2021-21A-B (3 mo. Term SOFR + 2.01%, 1.75% Floor)		6.27	%^(a)		07/15/2034		1,003,502
		Benefit Street Partners Ltd.
	1,000,000	Series 2025-41A-A (3 mo. Term SOFR + 1.30%, 1.30% Floor)		0.00	%^(a)		07/25/2038		1,000,000
		Canyon Capital CLO Ltd.
	500,000	Series 2021-1A-E (3 mo. Term SOFR + 6.67%, 6.41% Floor)		10.93	%^(a)		04/15/2034		503,914
		Canyon CLO
	500,000	Series 2021-3A-E (3 mo. Term SOFR + 6.46%, 6.20% Floor)		10.72	%^(a)		07/15/2034		499,482

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		Carlyle Global Market Strategies
	500,000	Series 2018-4A-D1R (3 mo. Term SOFR + 3.10%, 3.10% Floor)		7.38	%^(a)		10/17/2037		502,951
	500,000	Series 2024-2A-D (3 mo. Term SOFR + 3.85%, 3.85% Floor)		8.13	%^(a)		04/25/2037		507,618
		CarVal CLO
	500,000	Series 2024-1A-B (3 mo. Term SOFR + 2.10%, 2.10% Floor)		6.37	%^(a)		04/20/2037		504,089
	1,000,000	Series 2024-1A-D (3 mo. Term SOFR + 3.90%, 3.90% Floor)		8.17	%^(a)		04/20/2037		995,830
		Clover CLO
	500,000	Series 2018-1A-A1RR (3 mo. Term SOFR + 1.53%, 1.53% Floor)		5.80	%^(a)		04/20/2037		502,009
		Elmwood CLO Ltd.
	500,000	Series 2024-4A-E (3 mo. Term SOFR + 6.00%, 6.00% Floor)		10.28	%^(a)		04/17/2037		509,333
		Empower CLO Ltd.
	500,000	Series 2024-1A-D1 (3 mo. Term SOFR + 3.75%, 3.75% Floor)		8.03	%^(a)		04/25/2037		505,796
		Goldentree Loan Opportunities Ltd.
	1,000,000	Series 2022-14A-DR (3 mo. Term SOFR + 3.00%, 3.00% Floor)		7.27	%^(a)		07/20/2037		1,002,640
	500,000	Series 2024-19A-D (3 mo. Term SOFR + 3.40%, 3.40% Floor)		7.67	%^(a)		04/20/2037		506,335
		Harvest US CLO
	500,000	Series 2024-1A-D (3 mo. Term SOFR + 4.50%, 4.50% Floor)		8.77	%^(a)		04/18/2037		506,002
		Katayma CLO Ltd.
	1,000,000	Series 2023-1A-D (3 mo. Term SOFR + 5.25%, 5.25% Floor)		9.52	%^(a)		10/20/2036		1,004,405
	500,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor)		5.92	%^(a)		04/20/2037		502,586
	500,000	Series 2024-2A-D (3 mo. Term SOFR + 4.50%, 4.50% Floor)		8.77	%^(a)		04/20/2037		508,401
		MidOcean Credit CLO
	500,000	Series 2018-9A-D (3 mo. Term SOFR + 3.56%, 3.30% Floor)		7.83	%^(a)		07/20/2031		501,706
		Octagon Investment Partners Ltd.
	500,000	Series 2021-1A-E (3 mo. Term SOFR + 6.76%, 6.50% Floor)		11.02	%^(a)		04/15/2034		474,252
		Point Au Roche Park CLO
	500,000	Series 2021-1A-E (3 mo. Term SOFR + 6.36%, 6.10% Floor)		10.63	%^(a)		07/20/2034		495,948
		Rockford Tower CLO Ltd.
	1,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.61%, 1.61% Floor)		5.88	%^(a)		04/20/2037		1,004,330
		RR Ltd./Cayman Islands
	1,000,000	Series 2017-2A-DR (3 mo. Term SOFR + 6.06%, 5.80% Floor)		10.32	%^(a)		04/15/2036		971,570
		Sound Point CLO Ltd.
	500,000	Series 2019-3A-DR (3 mo. Term SOFR + 3.76%, 3.76% Floor)		8.04	%^(a)		10/25/2034		490,167
	1,000,000	Series 2020-1A-ER (3 mo. Term SOFR + 7.12%, 7.12% Floor)		11.39	%^(a)		07/20/2034		956,796
	500,000	Series 2021-3A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor)		7.79	%^(a)		10/25/2034		485,360
		Wellfleet CLO Ltd.
	500,000	Series 2019-1A-CR (3 mo. Term SOFR + 3.81%, 3.55% Floor)		8.08	%^(a)		07/20/2032		503,260
	500,000	Series 2021-3A-D (3 mo. Term SOFR + 3.76%, 3.50% Floor)		8.02	%^(a)		01/15/2035		501,446
		Total Collateralized Loan Obligations (Cost $18,428,455)							18,456,093
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 21.3%
		280 Park Avenue Mortgage Trust
	250,000	Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor)		5.49	%^(a)		09/15/2034		247,798
		ACREC Trust
	300,000	Series 2023-FL2-B (1 mo. Term SOFR + 3.48%, 3.48% Floor)		7.79	%^(a)		02/19/2038		301,957
		Arbor Realty Trust, Inc.
	206,363	Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor)		5.75	%^(a)		01/15/2037		206,650
		AREIT Trust
	244,856	Series 2023-CRE8-A (1 mo. Term SOFR + 2.11%, 2.11% Floor)		6.43	%^(a)		08/17/2041		246,328
		BANK
	350,000	Series 2019-BN19-A2		2.93	%		08/15/2061		330,688
	350,000	Series 2021-BN34-ASB		2.19	%		06/15/2063		325,460
		BANK5 Trust
	350,000	Series 2024-5YR9-C		6.42	%^(c)		08/15/2057		359,431
	190,000	Series 2025-5YR15-D		4.00	%^(a)		07/15/2030		161,702

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		BBCMS Trust
	11,256,342	Series 2024-5C27-XA		1.04	%^(a)(c)(d)		07/15/2057		320,378
	3,179,000	Series 2025-C32-XD		2.54	%^(a)(c)(d)		02/15/2062		541,462
		Benchmark Mortgage Trust
	375,000	Series 2019-B13-A3		2.70	%		08/15/2057		350,500
	5,651,768	Series 2020-B22-XA		1.62	%^(c)(d)		01/15/2054		371,512
	350,000	Series 2024-V9-A3		5.60	%		08/15/2057		362,185
		BMO Mortgage Trust
	250,000	Series 2024-5C6-A3		5.32	%		09/15/2057		256,138
	250,000	Series 2025-5C11-D		4.50	%^(a)		07/15/2058		218,530
	7,582,000	Series 2025-5C11-XA		1.11	%^(c)(d)		07/15/2058		374,756
		BrightSpire Capital, Inc.
	94,937	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		08/19/2038		94,143
		BSPRT Co.-Issuer LLC
	250,000	Series 2023-FL10-B (1 mo. Term SOFR + 3.27%, 3.27% Floor)		7.58	%^(a)		09/15/2035		251,333
		BX Trust
	119,007	Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor)		5.16	%^(a)		10/15/2036		119,003
	300,000	Series 2021-ARIA-C (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.07	%^(a)		10/15/2036		299,738
	80,803	Series 2021-BXMF-C (1 mo. Term SOFR + 1.31%, 1.19% Floor)		5.62	%^(a)		10/15/2026		80,737
	250,000	Series 2021-LGCY-B (1 mo. Term SOFR + 0.97%, 0.86% Floor)		5.28	%^(a)		10/15/2036		249,465
	245,000	Series 2021-MFM1-D (1 mo. Term SOFR + 1.61%, 1.50% Floor)		5.93	%^(a)		01/15/2034		244,978
	211,332	Series 2021-RISE-D (1 mo. Term SOFR + 1.86%, 1.75% Floor)		6.18	%^(a)		11/15/2036		210,945
	59,498	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)		5.11	%^(a)		10/15/2038		59,507
	252,000	Series 2021-XL2-D (1 mo. Term SOFR + 1.51%, 1.40% Floor)		5.82	%^(a)		10/15/2038		252,050
	137,728	Series 2022-LP2-A (1 mo. Term SOFR + 1.01%, 1.01% Floor)		5.32	%^(a)		02/15/2039		137,730
	280,000	Series 2025-ROIC-C (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.86	%^(a)		03/15/2030		278,044
		CEDR Commercial Mortgage Trust
	350,000	Series 2022-SNAI-A (1 mo. Term SOFR + 0.99%, 0.99% Floor)		5.30	%^(a)		02/15/2039		340,851
		CENT Trust
	250,000	Series 2023-CITY-A (1 mo. Term SOFR + 2.62%, 2.62% Floor)		6.93	%^(a)		09/15/2038		250,761
		Commercial Mortgage Pass Through Certificates
	350,000	Series 2014-CR14-C		3.79	%^(c)		02/10/2047		332,720
	500,000	Series 2016-DC2-B		4.84	%^(c)		02/10/2049		493,597
		Computershare Corporate Trust
	403,043	Series 2015-LC22-A4		3.84	%		09/15/2058		401,853
	489,610	Series 2019-C50-A4		3.47	%		05/15/2052		473,520
	2,050,000	Series 2024-C63-XD		2.51	%^(a)(c)(d)		08/15/2057		330,830
		Credit Suisse Mortgage Capital Certificates
	286,098	Series 2017-PFHP-A (1 mo. Term SOFR + 1.00%, 0.95% Floor)		5.31	%^(a)		12/15/2030		285,361
	139,000	Series 2021-B33-A2		3.17	%^(a)		10/10/2043		122,033
		CSAIL Commercial Mortgage Trust
	367,924	Series 2017-CX9-A4		3.18	%		09/15/2050		360,758
		ELP Commercial Mortgage Trust
	249,709	Series 2021-ELP-C (1 mo. Term SOFR + 1.43%, 1.32% Floor)		5.75	%^(a)		11/15/2038		249,522
		Extended Stay America Trust
	428,864	Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)		5.51	%^(a)		07/15/2038		429,242
		FS Rialto
	189,203	Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor)		5.65	%^(a)		05/16/2038		188,091
		FS RIALTO
	284,513	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)		5.68	%^(a)		11/16/2036		284,372
		Granite Point Mortgage Trust, Inc.
	300,000	Series 2021-FL4-B (1 mo. Term SOFR + 2.06%, 1.95% Floor)		6.38	%^(a)		12/15/2036		292,699
		Greystone Commercial Real Estate Notes
	138,308	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)		5.45	%^(a)		07/15/2039		138,530
	380,000	Series 2021-FL3-D (1 mo. Term SOFR + 2.31%, 2.20% Floor)		6.63	%^(a)		07/15/2039		377,907

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		GS Mortgage Securities Corp. II
	278,603	Series 2010-C1-C		5.64	%^(a)(c)		08/10/2043		276,876
	375,000	Series 2013-GC13-B		4.01	%^(a)(c)		07/10/2046		363,510
	125,000	Series 2021-IP-C (1 mo. Term SOFR + 1.66%, 1.55% Floor)		5.98	%^(a)		10/15/2036		124,306
	125,000	Series 2021-STAR-D (1 mo. Term SOFR + 2.01%, 1.90% Floor)		6.33	%^(a)		12/15/2036		123,864
		HGI CRE CLO Ltd.
	340,000	Series 2021-FL1-C (1 mo. Term SOFR + 1.81%, 1.81% Floor)		6.13	%^(a)		06/16/2036		340,355
	290,000	Series 2021-FL2-D (1 mo. Term SOFR + 2.26%, 2.26% Floor)		6.58	%^(a)		09/17/2036		289,658
		JP Morgan Chase Commercial Mortgage Securities
	420,000	Series 2015-JP1-AS		4.12	%^(c)		01/15/2049		411,915
	1,000,000	Series 2019-UES-G		4.60	%^(a)(c)		05/05/2032		912,141
		JPMBB Commercial Mortgage Securities Trust
	133,520	Series 2014-C21-C		4.71	%^(c)		08/15/2047		131,575
	300,000	Series 2014-C23-UH5		4.71	%^(a)		09/15/2047		298,930
	8,727	Series 2015-C27-A4		3.18	%		02/15/2048		8,454
	87,954	Series 2015-C31-A3		3.80	%		08/15/2048		87,763
	250,000	Series 2015-C33-AS		4.02	%		12/15/2048		246,641
		KREF
	297,842	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.50	%^(a)		02/15/2039		297,741
		LoanCore
	300,000	Series 2021-CRE5-AS (1 mo. Term SOFR + 1.86%, 1.86% Floor)		6.18	%^(a)		07/15/2036		299,381
	126,055	Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor)		5.73	%^(a)		11/15/2038		126,492
		Lument Finance Trust, Inc.
	153,555	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)		5.60	%^(a)		06/15/2039		153,900
	300,000	Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor)		6.18	%^(a)		06/15/2039		299,816
		MF1 Multifamily Housing Mortgage Loan Trust
	99,917	Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor)		5.53	%^(a)		07/16/2036		99,990
	250,000	Series 2021-FL7-B (1 mo. Term SOFR + 1.86%, 1.75% Floor)		6.18	%^(a)		10/16/2036		248,051
	310,000	Series 2021-FL7-C (1 mo. Term SOFR + 2.16%, 2.05% Floor)		6.48	%^(a)		10/16/2036		305,277
	283,091	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.47	%^(a)		06/19/2037		283,889
	300,000	Series 2024-FL14-A (1 mo. Term SOFR + 1.74%, 1.74% Floor)		6.05	%^(a)		03/19/2039		301,331
	250,000	Series 2024-FL15-B (1 mo. Term SOFR + 2.49%, 2.49% Floor)		6.81	%^(a)		08/18/2041		251,125
		MHC Commercial Mortgage Trust
	44,421	Series 2021-MHC-A (1 mo. Term SOFR + 0.92%, 0.80% Floor)		5.23	%^(a)		04/15/2038		44,439
		Morgan Stanley Capital I, Inc.
	300,000	Series 2016-UB11-AS		2.98	%		08/15/2049		292,759
		PFP III Ltd.
	298,659	Series 2024-11-B (1 mo. Term SOFR + 2.49%, 2.49% Floor)		6.80	%^(a)		09/17/2039		299,298
		Ready Capital Corp.
	168,075	Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		11/25/2036		168,572
	450,000	Series 2023-FL11-B (1 mo. Term SOFR + 3.53%, 3.53% Floor)		7.85	%^(a)		10/25/2039		451,620
	22,368	Series 2023-FL12-A (1 mo. Term SOFR + 2.34%, 2.34% Floor)		6.65	%^(a)		05/25/2038		22,449
		ROCK Trust
	100,000	Series 2024-CNTR-D		7.11	%^(a)		11/13/2041		104,647
		SFO Commercial Mortgage Trust
	250,000	Series 2021-555-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.58	%^(a)		05/15/2038		249,040
		SREIT Trust
	500,000	Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor)		5.25	%^(a)		11/15/2036		499,851
		Starwood Property Trust, Inc.
	115,046	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		04/18/2038		114,576
	225,339	Series 2022-FL3-A (30 day avg SOFR US + 1.35%, 1.35% Floor)		5.65	%^(a)		11/15/2038		225,316
	370,000	Series 2022-FL3-AS (30 day avg SOFR US + 1.80%, 1.80% Floor)		6.10	%^(a)		11/15/2038		365,975

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	400,000	Series 2022-FL3-B (30 day avg SOFR US + 1.95%, 1.95% Floor)		6.25	%^(a)		11/15/2038		393,469
		STWD Trust
	200,000	Series 2021-FLWR-D (1 mo. Term SOFR + 1.49%, 1.38% Floor)		5.80	%^(a)		07/15/2036		199,831
		TPG Real Estate Finance Issuer Ltd.
	126,430	Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.63	%^(a)		03/15/2038		126,424
	300,000	Series 2021-FL4-B (1 mo. Term SOFR + 1.96%, 1.85% Floor)		6.28	%^(a)		03/15/2038		299,822
	250,000	Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.46	%^(a)		02/15/2039		249,710
		UBS Commercial Mortgage Trust
	422,000	Series 2018-C13-B		4.79	%^(c)		10/15/2051		399,725
		VEGAS Trust
	175,000	Series 2024-TI-A		5.52	%^(a)		11/10/2039		177,456
		VMC Finance LLC
	246,398	Series 2021-FL4-B (1 mo. Term SOFR + 1.91%, 1.91% Floor)		6.23	%^(a)		06/16/2036		243,400
		Wells Fargo Commercial Mortgage Trust
	10,373,310	Series 2025-5C3-XA		1.05	%^(c)(d)		01/15/2058		345,516
	280,000	Series 2025-VTT-C		6.03	%^(a)(c)		03/15/2038		282,429
		WHARF Trust
	190,000	Series 2025-DC-A		5.35	%^(a)(c)		07/15/2040		193,948
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $24,582,811)							24,639,048
	NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 26.6%
		Connecticut Avenue Securities Trust
	1,500,000	Series 2024-R05-2M2 (30 day avg SOFR US + 1.70%, 0.00% Floor)		6.01	%^(a)		07/25/2044		1,507,623
		Credit Suisse Mortgage Capital Certificates
	1,372,000	Series 2021-NQM4-B2		4.18	%^(a)(c)		05/25/2066		1,051,956
		Cross Mortgage Trust
	769,464	Series 2024-H1-A1		6.09	%^(a)(e)		12/25/2068		774,679
		Ellington Financial Mortgage Trust
	1,250,000	Series 2025-NQM2-A3		5.95	%^(a)(c)		06/25/2070		1,266,496
	1,250,000	Series 2025-NQM2-M1A		6.27	%^(a)(c)		06/25/2070		1,265,990
		Fannie Mae Connecticut Avenue Securities
	1,300,000	Series 2022-R01-1M2 (30 day avg SOFR US + 1.90%, 0.00% Floor)		6.21	%^(a)		12/25/2041		1,311,343
	1,250,000	Series 2023-R01-1M2 (30 day avg SOFR US + 3.75%, 0.00% Floor)		8.06	%^(a)		12/25/2042		1,319,851
	1,300,000	Series 2024-R01-1M2 (30 day avg SOFR US + 1.80%, 0.00% Floor)		6.11	%^(a)		01/25/2044		1,315,690
	1,000,000	Series 2024-R02-1B1 (30 day avg SOFR US + 2.50%, 0.00% Floor)		6.81	%^(a)		02/25/2044		1,019,249
	1,200,000	Series 2024-R03-2M2 (30 day avg SOFR US + 1.95%, 0.00% Floor)		6.26	%^(a)		03/25/2044		1,211,629
	1,250,000	Series 2024-R04-1B1 (30 day avg SOFR US + 2.20%, 0.00% Floor)		6.51	%^(a)		05/25/2044		1,267,845
		Freddie Mac Structured Agency Credit Risk Debt Notes
	1,200,000	Series 2024-DNA1-M2 (30 day avg SOFR US + 1.95%, 0.00% Floor)		6.26	%^(a)		02/25/2044		1,218,865
		Onslow Bay Mortgage Loan Trust
	772,430	Series 2024-NQM10-A1		6.18	%^(a)(e)		05/25/2064		779,593
		Pretium Mortgage Credit Partners LLC
	1,102,420	Series 2024-NPL4-A1		7.00	%^(a)(e)		07/25/2054		1,104,972
	1,162,268	Series 2025-NPL2-A1		5.84	%^(a)(e)		03/25/2055		1,158,763
		Progress Residential Trust
	1,200,000	Series 2024-SFR2-D		3.40	%^(a)(c)		04/17/2041		1,115,194
		PRPM LLC
	1,308,902	Series 2024-4-A1		6.41	%^(a)(e)		08/25/2029		1,313,168
	1,200,000	Series 2025-4-A1		6.18	%^(a)(e)		06/25/2030		1,216,242
		SGR Residential Mortgage Trust
	1,250,000	Series 2021-1-B2		4.30	%^(a)(c)		07/25/2061		925,590

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
		VCAT Asset Securitization LLC
	1,651,653	Series 2025-NPL1-A1		5.88	%^(a)(e)		01/25/2055		1,656,092
		Velocity Commercial Capital Loan Trust
	143,845	Series 2019-1-M4		4.61	%^(a)(c)		03/25/2049		122,713
	80,290	Series 2019-1-M5		5.70	%^(a)(c)		03/25/2049		68,299
	127,468	Series 2019-1-M6		6.79	%^(a)(c)		03/25/2049		99,104
		Vericrest Opportunity Loan Transferee
	1,193,395	Series 2021-NPL5-A2		8.83	%^(a)(b)(e)		03/27/2051		1,194,064
		Verus Securitization Trust
	1,400,000	Series 2020-5-B2		4.71	%^(a)(c)		05/25/2065		1,316,159
	1,500,000	Series 2021-3-B2		3.96	%^(a)(c)		06/25/2066		1,083,762
	793,574	Series 2023-1-A1		5.85	%^(a)(e)		12/25/2067		793,059
	1,000,000	Series 2024-1-M1		6.67	%^(a)(c)		01/25/2069		1,008,875
	1,250,000	Series 2024-6-M1		6.18	%^(a)(c)		07/25/2069		1,256,288
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $31,597,954)							30,743,153
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 19.5%
		Federal Home Loan Mortgage Corp.
	1,876,679	Pool SD6509		6.00	%		08/01/2054		1,909,713
	2,059,568	Pool SD6570		5.50	%		10/01/2054		2,077,637
	19,207,000	Series 2021-P010-X		0.91	%^(c)(d)		10/25/2029		574,808
	1,216,485	Series 413-F25 (30 day avg SOFR US + 1.15%, 1.15% Floor, 7.00% Cap)		5.46	%		05/25/2054		1,217,592
	1,080,446	Series 5004-LS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.73	%^(d)(f)		07/25/2050		150,947
	3,660,747	Series 5112-SC (-1 x 30 day avg SOFR US + 2.50%, 0.00% Floor, 2.50% Cap)		0.00	%^(d)(f)		06/25/2051		9,814
	3,307,468	Series 5127-AI		3.00	%^(d)		06/25/2051		575,472
	3,514,932	Series 5166-DI		3.00	%^(d)		09/15/2048		406,741
		Federal National Mortgage Association
	3,583,251	Series 2019-57-LF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		4.92	%		10/25/2049		3,469,429
	960,452	Series 2020-54-AS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.73	%^(d)(f)		08/25/2050		123,795
	1,165,752	Series 2020-77-S (-1 x 30 day avg SOFR US + 4.15%, 0.00% Floor, 4.15% Cap)		0.00	%^(d)(f)		11/25/2050		57,569
	2,064,949	Series 2020-77-SB (-1 x 30 day avg SOFR US + 4.10%, 0.00% Floor, 4.10% Cap)		0.00	%^(d)(f)		11/25/2050		107,022
	3,585,500	Series 2020-80-IB		2.50	%^(d)		11/25/2050		579,142
	950,772	Series 2020-M10-X2		1.84	%^(c)(d)		12/25/2030		53,950
	3,585,804	Series 2021-20-PI		2.50	%^(d)		04/25/2051		574,345
	441,922	Series 2024-32-IO		2.50	%^(d)		04/25/2051		67,783
	1,487,039	Series 2025-18-FH (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.71	%		08/25/2054		1,491,723
	5,461,357	Series 437-C2		1.50	%^(d)		03/25/2052		491,919
		Government National Mortgage Association
	1,150,874	Series 2015-124-AF (1 mo. Term SOFR + 0.36%, 0.25% Floor, 6.50% Cap)		4.68	%		09/20/2045		1,119,893
	2,002,664	Series 2020-138-IL		3.50	%^(d)		09/20/2050		343,774
	1,489,139	Series 2020-142-SD (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(d)(f)		09/20/2050		213,467
	2,760,074	Series 2020-151-TI		2.50	%^(d)		10/20/2050		371,882
	3,913,331	Series 2020-167-DI		2.50	%^(d)		11/20/2050		573,512
	3,668,161	Series 2020-173-AI		2.50	%^(d)		11/20/2050		577,097
	876,320	Series 2020-189-SP (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(d)(f)		12/20/2050		126,009
	1,998,295	Series 2020-196-DI		2.50	%^(d)		12/20/2050		281,070
	3,298,617	Series 2021-125-AS (-1 x 30 day avg SOFR US + 3.25%, 0.00% Floor, 3.25% Cap)		0.00	%^(d)(f)		07/20/2051		43,853
	2,405,684	Series 2021-15-PI		3.00	%^(d)		01/20/2051		369,805
	2,110,359	Series 2021-189-IO		0.88	%^(c)(d)		06/16/2061		134,473

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
	1,602,443	Series 2021-197-IB		3.50	%^(d)		11/20/2051		304,750
	2,369,188	Series 2021-2-IO		0.88	%^(c)(d)		06/16/2063		156,524
	2,626,632	Series 2021-46-ES (-1 x 1 mo. Term SOFR + 2.69%, 0.00% Floor, 2.80% Cap)		0.00	%^(d)(f)		03/20/2051		21,383
	3,860,965	Series 2021-59-S (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%^(d)(f)		04/20/2051		26,775
	3,281,623	Series 2021-80-IO		0.90	%^(c)(d)		12/16/2062		227,490
	1,423,233	Series 2021-98-SB (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.87	%^(d)(f)		06/20/2051		179,225
	872,071	Series 2022-112-AI		2.50	%^(d)		10/20/2050		137,255
	2,970,783	Series 2022-204-IO		3.50	%^(d)		04/20/2052		485,352
	395,881	Series 2022-218-IB		3.00	%^(d)		07/20/2050		68,342
	3,210,495	Series 2023-19-GI		3.00	%^(d)		11/20/2051		463,511
	2,260,908	Series 2023-79-JI		2.50	%^(d)		02/20/2051		276,660
	1,785,791	Series 2024-13-IA		3.00	%^(d)		05/20/2051		310,093
	8,158,621	Series 2024-156-IA		0.87	%^(c)(d)		07/16/2066		578,708
	1,224,581	Series 2024-170-AI		0.77	%^(c)(d)		10/16/2065		80,568
	678,540	Series 2024-170-IO		1.00	%^(c)(d)		03/16/2066		53,119
	2,920,285	Series 2024-24-DI		3.50	%^(d)		11/20/2051		541,280
	3,446,369	Series 2024-6-BI		3.00	%^(d)		12/20/2051		543,234
		Total US Government and Agency Mortgage Backed Obligations (Cost $23,304,963)							22,548,505
	SHORT TERM INVESTMENTS - 8.6%
	3,308,054	First American Government Obligations Fund - U		4.28	%^(g)				3,308,054
	3,308,054	JPMorgan US Government Money Market Fund - IM		4.28	%^(g)				3,308,054
	3,308,055	MSILF Government Portfolio - Institutional		4.24	%^(g)				3,308,055
		Total Short Term Investments (Cost $9,924,163)							9,924,163
		Total Investments - 100.9%^(h) (Cost $117,951,239)							116,640,747
		Other Liabilities in Excess of Assets - (0.9)%							(1,033,597	)
		NET ASSETS - 100.0%						$	115,607,150

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Non-Agency Residential Collateralized Mortgage Obligations	26.6	%
Non-Agency Commercial Mortgage Backed Obligations	21.3	%
US Government and Agency Mortgage Backed Obligations	19.5	%
Collateralized Loan Obligations	16.0	%
Asset Backed Obligations	8.9	%
Short Term Investments	8.6	%
Other Assets and Liabilities	(0.9	)%
Net Assets	100.0	%

(a)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of June 30, 2025, the value of these securities total $77,450,613 or 67.0% of the Fund's net assets.
(b)		This security accrues interest which is added to the outstanding principal balance. The interest payment will be deferred until all other tranches in the structure are paid off. The rate disclosed is as of period end.
(c)		Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(d)		Interest only security
(e)		Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(f)		Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(g)		Seven-day yield as of period end.
(h)		99.6% of the total investments are based in the United States.

SOFR

Secured Overnight Financing Rate

Notes to Schedule of Investments

June 30, 2025 (Unaudited)

1. Significant Accounting Policies

Each Fund is an investment company that applies the accounting and reporting guidance issued in Topic 946, “Financial Services—Investment Companies,” by the Financial Accounting Standards Board (“FASB”). The following is a summary of the significant accounting policies of the Funds. These policies are in conformity with accounting principles generally accepted in the United States of America (“US GAAP”).

A. Security Valuation. The Funds have adopted US GAAP fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion of changes in valuation techniques and related inputs during the period. These inputs are summarized in the three broad levels listed below:

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

•	Level 2—Quoted prices for identical or similar assets in markets that are not active, or inputs derived from observable market data

•	Level 3—Significant unobservable inputs (including the reporting entity’s estimates and assumptions)

Valuations for domestic and foreign fixed income securities are normally determined on the basis of evaluations provided by independent pricing services. Vendors typically value such securities based on one or more inputs described in the following table which is not intended to be a complete list. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed income securities in which the Funds are authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income securities. Securities that use similar valuation techniques and inputs as described in the following table are categorized as Level 2 of the fair value hierarchy. To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3. Assets and liabilities may be transferred between levels.

Fixed-income class	Examples of Inputs
All	Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among data (collectively referred to as “standard inputs”) comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference
Corporate bonds and notes; convertible securities	Standard inputs and underlying equity of the issuer
US bonds and notes of government and government agencies	Standard inputs
Residential and commercial mortgage-backed obligations; asset-backed obligations (including collateralized loan obligations)	Standard inputs and cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements and specific deal information, trustee reports
Bank loans	Standard inputs

Investments in registered open-end management investment companies will be valued based upon the net asset value (“NAV”) of such investments and are categorized as Level 1 of the fair value hierarchy.

Common stocks, exchange-traded funds and financial derivative instruments, such as futures contracts or options contracts, that are traded on a national securities or commodities exchange, are typically valued at the last reported sales price, in the case of common stocks and exchange-traded funds, or, in the case of futures contracts or options contracts, the settlement price determined by the relevant exchange. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy.

Over-the-counter financial derivative instruments, such as forward currency exchange contracts, options contracts, or swap agreements, derive their values from underlying asset prices, indices, reference rates, other inputs or a combination of these factors. These instruments are normally valued on the basis of valuations obtained from counterparties, published index closing levels or evaluated prices supplied by independent pricing services, some or all of which may be based on market data from trading on exchanges that closed significantly before the time as of which a Fund calculates its NAV. Forward foreign currency contracts are generally valued based on rates provided by independent data providers. Exchange traded futures and options on futures are generally valued at the settlement price determined by the relevant exchange on which they principally trade, and exchange traded options are generally valued at the last trade price on the exchange on which they principally trade. A Fund does not normally take into account trading, clearances or settlements that take place after the close of the principal exchange or market on which such securities are traded. Depending on the instrument and the terms of the transaction, the value of the derivative instruments can be estimated by a pricing service provider using a series of techniques, such as simulation pricing models. The pricing models use issuer details and other inputs that are observed from actively quoted markets such as indices, spreads, interest rates, curves, dividends and exchange rates. Derivatives that use similar valuation techniques and inputs as described above are normally categorized as Level 2 of the fair value hierarchy.

The Board of Trustees (the “Board”) has adopted a pricing and valuation policy for use by each Fund and its Valuation Designee (as defined below) in calculating each Fund’s NAV. Pursuant to Rule 2a-5 under the 1940 Act, each Fund has designated its primary investment adviser, either DoubleLine Capital LP (“DoubleLine Capital”) or DoubleLine Alternatives LP (“DoubleLine Alternatives”) (each, an “Adviser” and collectively, the “Advisers”), as applicable, as the “Valuation Designee” to perform all of the fair value determinations as well as to perform all of the responsibilities that may be performed by the Valuation Designee in accordance with Rule 2a-5. Each Adviser, as Valuation Designee, is authorized to make all necessary determinations of the fair values of portfolio securities and other assets for which market quotations are not readily available or if it is deemed that the prices obtained from brokers and dealers or independent pricing services are unreliable.

Category		DoubleLine Total Return Bond Fund		DoubleLine Core Fixed Income Fund		DoubleLine Emerging Markets Fixed Income Fund		DoubleLine Low Duration Bond Fund		DoubleLine Floating Rate Fund		DoubleLine Shiller Enhanced CAPE^®
Investments in Securities
Level 1
Short Term Investments	$	1,029,587,631	$	192,203,812	$	5,058,284	$	158,107,908	$	1,701,334	$	127,046,563
Affiliated Mutual Funds		–		406,448,295		–		–		–		–
Warrants		–		17,055		–		–		–		–
Total Level 1		1,029,587,631		598,669,162		5,058,284		158,107,908		1,701,334		127,046,563
Level 2
US Government and Agency Mortgage Backed Obligations		15,165,276,374		1,462,556,682		–		312,490,034		–		166,669,187
Non-Agency Residential Collateralized Mortgage Obligations		7,169,516,129		670,517,153		–		912,151,897		–		454,676,451
Non-Agency Commercial Mortgage Backed Obligations		2,283,334,079		313,663,498		–		887,949,035		–		405,949,576
Asset Backed Obligations		1,733,467,555		195,190,452		–		474,427,278		–		269,582,600
Collateralized Loan Obligations		1,400,756,502		184,139,395		–		750,419,423		3,012,611		458,626,470
US Government and Agency Obligations		982,588,789		1,107,070,723		–		1,432,147,501		–		905,639,608
US Corporate Bonds		–		989,715,488		–		686,545,470		5,260,375		379,808,790
Short Term Investments		–		398,617,668		–		99,654,417		–		79,723,534
Foreign Corporate Bonds		–		336,790,700		289,853,890		421,837,547		449,592		137,189,966
Bank Loans		–		157,314,958		–		–		106,212,904		72,383,705
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations		–		63,986,506		100,486,582		107,439,877		–		17,233,562
Escrow Notes		–		67,176		64,688		–		–		–
Total Level 2		28,734,939,428		5,879,630,399		390,405,160		6,085,062,479		114,935,482		3,347,483,449
Level 3
Asset Backed Obligations		26,231,877		6,073,037		–		8,673,688		–		–
Common Stocks		–		823,200		–		–		483,780		200,720
Foreign Corporate Bonds		–		167,476		67,719		144,992		–		67,845
Escrow Notes		–		345		–		–		–		–
Bank Loans		–		–		–		–		–		–
Total Level 3		26,231,877		7,064,058		67,719		8,818,680		483,780		268,565
Total	$	29,790,758,936	$	6,485,363,619	$	395,531,163	$	6,251,989,067	$	117,120,596	$	3,474,798,577
Other Financial Instruments
Level 1
Futures	$	129,418,304	$	21,093,539	$	–	$	–	$	–	$	–
Total Level 1		129,418,304		21,093,539		–		–		–		–
Level 2
Unfunded Commitments		–		1,100		–		–		826		1,150
Excess Return Swaps		–		–		–		–		–		137,183,745
Total Level 2		–		1,100		–		–		826		137,184,895
Level 3		–		–		–		–		–		–
Total	$	129,418,304	$	21,094,639	$	–	$	–	$	826	$	137,184,895

See the Schedule of Investments for further disaggregation of investment categories.

Category		DoubleLine Shiller Enhanced International CAPE^®		DoubleLine Emerging Markets Local Currency Bond Fund		DoubleLine Income Fund
Investments in Securities
Level 1
Short Term Investments	$	1,072,858	$	336,658	$	9,924,163
Affiliated Mutual Funds		647,048		–		–
Total Level 1		1,719,906		336,658		9,924,163
Level 2
US Government and Agency Obligations		5,523,312		–		–
Non-Agency Residential Collateralized Mortgage Obligations		5,030,379		–		30,743,153
US Corporate Bonds		4,591,629		–		–
Non-Agency Commercial Mortgage Backed Obligations		4,307,378		–		24,639,048
Collateralized Loan Obligations		3,630,408		–		18,456,093
Short Term Investments		2,690,669		–		–
Asset Backed Obligations		2,457,141		–		10,329,785
US Government and Agency Mortgage Backed Obligations		1,225,709		–		22,548,505
Foreign Corporate Bonds		493,200		2,747,059		–
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations		–		10,272,790		–
Total Level 2		29,949,825		13,019,849		106,716,584
Level 3		–		–		–
Total	$	31,669,731	$	13,356,507	$	116,640,747
Other Financial Instruments
Level 1		–		–		–
Level 2
Forward Currency Exchange Contracts	$	2,171,722	$	–	$	–
Excess Return Swaps		(832,046)		–		–
Total Level 2		1,339,676		–		–
Level 3		–		–		–
Total	$	1,339,676	$	–	$	–

DoubleLine Long Duration Total Return Bond Fund	Fair Value as of March 31, 2025		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)^(c)		Net Accretion (Amortization)		Purchases ^(a)		Sales ^(b)		Transfers Into Level 3^(d)		Transfers Out of Level 3^(d)		Fair Value as of June 30, 2025		Net Change in Unrealized Appreciation (Depreciation) on securities held at June 30, 2025^(c)
Investments in Securities
US Government and Agency Mortgage Backed Obligations	$	-	$	-	$	10,128	$	-	$	1,042,039	$	-	$	-	$	-	$	1,052,167	$	-

DoubleLine Infrastructure Income Fund	Fair Value as of March 31, 2025		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)^(c)			Net Accretion (Amortization)		Purchases ^(a)		Sales^(b)			Transfers Into Level 3^(d)		Transfers Out of Level 3^(d)		Fair Value as of June 30, 2025		Net Change in Unrealized Appreciation (Depreciation) on securities held at June 30, 2025 ^(c)
Investments in Securities
Corporate Bonds	$	5,154,000	$	-	$	(66,000	)	$	-	$	-	$	-		$	-	$	-	$	5,088,000	$	(66,000	)
Foreign Corporate Bonds		2,474,761		3,546		8,742			2,726		-		(324,474	)		-		-		2,165,301		3,801
Total	$	7,628,761	$	3,546	$	(57,258	)	$	2,726	$	-	$	(324,474	)	$	-	$	-	$	7,253,301	$	(62,199	)