PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES
:
57.7%
Basic
Materials
:
4.0%
330,000
(1)
Capstone
Copper
Corp.,
6.750%,
03/31/2033
$
336,745
0.4
425,000
Celanese
US
Holdings
LLC,
6.750%,
04/15/2033
438,876
0.5
323,000
(1)
Chemours
Co.,
5.750%,
11/15/2028
322,624
0.3
390,000
(1)
Cleveland-Cliffs,
Inc.,
4.625%,
03/01/2029
379,419
0.4
75,000
(1)
Cleveland-Cliffs,
Inc.,
6.875%,
11/01/2029
76,748
0.1
400,000
(1)
Coeur
Mining,
Inc.,
6.875%,
04/01/2032
415,685
0.5
425,000
(1)
Commercial
Metals
Co.,
6.000%,
12/15/2035
426,097
0.5
250,000
(1)
Constellium
SE,
5.625%,
06/15/2028
250,344
0.3
475,000
(1)
Novelis
Corp.,
4.750%,
01/30/2030
458,736
0.5
445,000
Olin
Corp.,
5.625%,
08/01/2029
442,770
0.5
3,548,044
4.0
Communications
:
8.9%
1,000,000
(1)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp.,
4.750%,
03/01/2030
945,683
1.0
350,000
(1)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp.,
7.000%,
02/01/2033
342,346
0.4
425,000
(1)
Cipher
Compute
LLC,
7.125%,
11/15/2030
443,573
0.5
425,000
(1)
Directv
Financing
LLC,
8.875%,
02/01/2030
436,297
0.5
33,000
(1)
Directv
Financing
LLC
/
Directv
Financing
Co-
Obligor,
Inc.,
5.875%,
08/15/2027
33,106
0.0
425,000
(1)
Gen
Digital,
Inc.,
6.250%,
04/01/2033
423,659
0.5
375,000
(1)
Gray
Media,
Inc.,
7.250%,
08/15/2033
372,177
0.4
350,000
Lamar
Media
Corp.,
4.000%,
02/15/2030
336,288
0.4
425,000
(1)
Level
3
Financing,
Inc.,
6.875%,
06/30/2033
438,210
0.5
325,000
(1)
Match
Group
Holdings
II
LLC,
5.625%,
02/15/2029
325,351
0.3
425,000
(1)
Meridian
Arc
Holdco
LLC,
6.250%,
04/30/2031
427,415
0.5
425,000
(1)
Nexstar
Media,
Inc.,
4.750%,
11/01/2028
418,568
0.5
345,000
(1)
Outfront
Media
Capital
LLC
/
Outfront
Media
Capital
Corp.,
4.625%,
03/15/2030
335,521
0.4
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Communications:
(continued)
300,000
(1)
Sirius
XM
Radio
LLC,
5.875%,
04/15/2032
$
298,871
0.3
425,000
(1)
Snap,
Inc.,
6.875%,
03/15/2034
418,631
0.5
345,000
(1)
Stagwell
Global
LLC,
5.625%,
08/15/2029
336,021
0.4
350,000
(1)
SV
RNO
Property
Owner
1
LLC,
5.875%,
03/01/2031
345,816
0.4
400,000
(1)
Versant
Media
Group,
Inc.,
7.250%,
01/30/2031
415,816
0.4
500,000
(1)
Vmed
O2
UK
Financing
I
PLC,
6.750%,
01/15/2033
440,381
0.5
425,000
(1)
WULF
Compute
LLC,
7.750%,
10/15/2030
446,822
0.5
7,980,552
8.9
Consumer,
Cyclical
:
8.0%
100,000
(1)
1011778
BC
ULC
/
New
Red
Finance,
Inc.,
4.000%,
10/15/2030
94,849
0.1
250,000
(1)
1011778
BC
ULC
/
New
Red
Finance,
Inc.,
6.125%,
06/15/2029
254,728
0.3
475,000
(1)
Advance
Auto
Parts,
Inc.,
7.000%,
08/01/2030
488,404
0.5
375,000
(1)
Allison
Transmission,
Inc.,
5.875%,
12/01/2033
376,222
0.4
425,000
(1)
American
Axle
&
Manufacturing,
Inc.,
7.750%,
10/15/2033
426,458
0.5
375,000
Bath
&
Body
Works,
Inc.,
6.750%,
07/01/2036
370,404
0.4
215,000
(1)
Caesars
Entertainment,
Inc.,
4.625%,
10/15/2029
207,293
0.2
250,000
(1)
Caesars
Entertainment,
Inc.,
6.500%,
02/15/2032
243,962
0.3
300,000
(1)
Gap,
Inc.,
3.625%,
10/01/2029
281,000
0.3
330,000
(1)
Hilton
Domestic
Operating
Co.,
Inc.,
5.875%,
03/15/2033
333,931
0.4
325,000
(1)
Macy's
Retail
Holdings
LLC,
6.125%,
03/15/2032
325,350
0.4
145,000
MGM
Resorts
International,
6.500%,
04/15/2032
147,835
0.2
340,000
Murphy
Oil
USA,
Inc.,
4.750%,
09/15/2029
334,508
0.4
330,000
(1)
NCL
Corp.
Ltd.,
6.750%,
02/01/2032
327,345
0.4
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Cyclical:
(continued)
300,000
(1)
Newell
Brands,
Inc.,
8.500%,
06/01/2028
$
313,417
0.3
325,000
Sally
Holdings
LLC
/
Sally
Capital,
Inc.,
6.750%,
04/01/2032
334,219
0.4
425,000
(1)
SeaWorld
Parks
&
Entertainment,
Inc.,
5.250%,
08/15/2029
413,900
0.5
400,000
(1)
Somnigroup
International,
Inc.,
4.000%,
04/15/2029
384,759
0.4
275,000
(1)
Station
Casinos
LLC,
6.625%,
03/15/2032
279,237
0.3
280,000
(1)
Victoria's
Secret
&
Co.,
4.625%,
07/15/2029
270,460
0.3
449,000
(1)
Voyager
Parent
LLC,
9.250%,
07/01/2032
476,544
0.5
475,000
(1)
Wynn
Resorts
Finance
LLC
/
Wynn
Resorts
Capital
Corp.,
6.250%,
03/15/2033
476,948
0.5
7,161,773
8.0
Consumer,
Non-cyclical
:
10.5%
335,000
(1)
Acadia
Healthcare
Co.,
Inc.,
5.500%,
07/01/2028
333,728
0.4
500,000
(1)
Albertsons
Cos.,
Inc.
/
Safeway,
Inc.
/
New
Albertsons
L.P.
/
Albertsons
LLC,
5.750%,
03/31/2034
482,303
0.5
305,000
(1)
Albion
Financing
1
Sarl
/
Aggreko
Holdings,
Inc.,
7.000%,
05/21/2030
315,099
0.4
400,000
(1)
Belron
UK
Finance
PLC,
5.750%,
10/15/2029
403,609
0.5
110,000
(1)
Brink's
Co.,
6.500%,
06/15/2029
112,800
0.1
210,000
(1)
Brink's
Co.,
6.750%,
06/15/2032
215,332
0.2
375,000
Centene
Corp.,
3.375%,
02/15/2030
348,676
0.4
175,000
(1)
CHS/Community
Health
Systems,
Inc.,
5.250%,
05/15/2030
165,064
0.2
450,000
(1)
Cimpress
PLC,
7.375%,
09/15/2032
455,703
0.5
293,000
(1)
CPI
CG,
Inc.,
10.000%,
07/15/2029
309,847
0.3
410,000
(1)
DaVita,
Inc.,
4.625%,
06/01/2030
398,608
0.4
330,000
(1)
Embecta
Corp.,
5.000%,
02/15/2030
255,513
0.3
425,000
(1)
EquipmentShare.
com,
Inc.,
8.000%,
03/15/2033
442,293
0.5
400,000
(1)
Fiesta
Purchaser,
Inc.,
7.875%,
03/01/2031
402,620
0.4
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Non-cyclical:
(continued)
525,000
(1)
Herc
Holdings,
Inc.,
7.250%,
06/15/2033
$
548,193
0.6
220,000
(1)
Insulet
Corp.,
6.500%,
04/01/2033
224,046
0.2
400,000
(1)
Jazz
Securities
DAC,
4.375%,
01/15/2029
392,963
0.4
195,000
(1)
Medline
Borrower
L.P.,
5.250%,
10/01/2029
194,771
0.2
270,000
(1)
Performance
Food
Group,
Inc.,
5.625%,
03/01/2034
264,049
0.3
350,000
Perrigo
Finance
Unlimited
Co.
USD,
6.125%,
09/30/2032
334,337
0.4
170,000
(1)
Post
Holdings,
Inc.,
6.250%,
10/15/2034
168,675
0.2
95,000
(1)
Post
Holdings,
Inc.,
6.375%,
03/01/2033
94,815
0.1
365,000
(1)
Primo
Water
Holdings,
Inc.
/
Triton
Water
Holdings,
Inc.,
4.375%,
04/30/2029
358,756
0.4
360,000
(1)
Select
Medical
Corp.,
6.250%,
12/01/2032
351,047
0.4
330,000
Service
Corp.
International,
5.750%,
10/15/2032
333,092
0.4
360,000
(1)
Simmons
Foods,
Inc./
Simmons
Prepared
Foods,
Inc./Simmons
Pet
Food,
Inc./Simmons
Feed,
4.625%,
03/01/2029
348,514
0.4
500,000
(1)
Tenet
Healthcare
Corp.,
5.500%,
11/15/2032
498,286
0.6
325,000
(1)
United
Rentals
North
America,
Inc.,
5.375%,
11/15/2033
321,270
0.4
330,000
(1)
Williams
Scotsman,
Inc.,
6.625%,
04/15/2030
339,656
0.4
9,413,665
10.5
Energy
:
5.9%
290,000
(1)
Civitas
Resources,
Inc.,
8.750%,
07/01/2031
303,703
0.3
325,000
(1)
CNX
Resources
Corp.,
7.250%,
03/01/2032
336,141
0.4
325,000
(1)
Crescent
Energy
Finance
LLC,
7.625%,
04/01/2032
333,691
0.4
400,000
(1)
Delek
Logistics
Partners
L.P.
/
Delek
Logistics
Finance
Corp.,
6.875%,
06/01/2034
405,847
0.5
385,000
(1)
Delek
Logistics
Partners
L.P.
/
Delek
Logistics
Finance
Corp.,
7.375%,
06/30/2033
397,744
0.4
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Energy:
(continued)
380,000
(1)
Global
Partners
L.P.
/
GLP
Finance
Corp.,
8.250%,
01/15/2032
$
399,095
0.4
340,000
(1)
Howard
Midstream
Energy
Partners
LLC,
7.375%,
07/15/2032
351,620
0.4
350,000
(1)
Kinetik
Holdings
L.P.,
5.875%,
06/15/2030
351,881
0.4
325,000
(1)
Northriver
Midstream
Finance
L.P.,
6.750%,
07/15/2032
330,805
0.4
300,000
(1)
Summit
Midstream
Holdings
LLC,
8.625%,
10/31/2029
313,029
0.3
450,000
(1)
Sunoco
L.P.,
5.625%,
03/15/2031
450,758
0.5
500,000
(1)
Transocean
International
Ltd.,
7.875%,
10/15/2032
533,721
0.6
225,000
(1)
Venture
Global
LNG,
Inc.,
7.000%,
01/15/2030
230,892
0.3
540,000
(1)
Venture
Global
LNG,
Inc.,
8.125%,
06/01/2028
552,233
0.6
5,291,160
5.9
Financial
:
5.4%
200,000
(1)
Burford
Capital
Global
Finance
LLC,
6.250%,
04/15/2028
195,440
0.2
400,000
(1)
First
Eagle
Holdings,
Inc.,
7.250%,
08/15/2032
405,995
0.5
120,000
(1)
Freedom
Mortgage
Holdings
LLC,
9.125%,
05/15/2031
124,390
0.1
330,000
(1)
Icahn
Enterprises
L.P.
/
Icahn
Enterprises
Finance
Corp.,
10.000%,
11/15/2029
330,767
0.4
330,000
(1)
Iron
Mountain,
Inc.,
5.250%,
07/15/2030
326,603
0.4
485,000
Navient
Corp.,
5.000%,
03/15/2027
482,542
0.5
525,000
OneMain
Finance
Corp.,
4.000%,
09/15/2030
484,866
0.5
320,000
(1)
Park
Intermediate
Holdings
LLC
/
PK
Domestic
Property
LLC
/
PK
Finance
Co-Issuer,
7.000%,
02/01/2030
327,815
0.4
330,000
(1)
PennyMac
Financial
Services,
Inc.,
6.875%,
02/15/2033
320,869
0.4
370,000
(1)
PRA
Group,
Inc.,
5.000%,
10/01/2029
351,061
0.4
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
425,000
(1)
RHP
Hotel
Properties
L.P.
/
RHP
Finance
Corp.,
5.750%,
03/15/2034
$
421,841
0.5
310,000
(1)
Rocket
Cos.,
Inc.,
6.375%,
08/01/2033
315,193
0.3
300,000
(1)
VFH
Parent
LLC
/
Valor
Co-Issuer,
Inc.,
7.500%,
06/15/2031
313,979
0.3
410,000
(1)
WS
Escrow
LLC,
7.750%,
06/01/2033
418,513
0.5
4,819,874
5.4
Industrial
:
11.1%
315,000
(1)
AAR
Escrow
Issuer
LLC,
6.750%,
03/15/2029
323,755
0.4
325,000
(1)
AmeriTex
HoldCo
Intermediate
LLC,
7.625%,
08/15/2033
338,703
0.4
220,000
(1)
Amsted
Industries,
Inc.,
6.375%,
03/15/2033
224,361
0.2
335,000
(1)
Arcosa,
Inc.,
6.875%,
08/15/2032
347,374
0.4
370,000
(1)
Avient
Corp.,
6.250%,
11/01/2031
375,571
0.4
425,000
(1)
Bombardier,
Inc.,
6.750%,
06/15/2033
443,191
0.5
350,000
(1)
Cascades,
Inc.
/
Cascades
USA,
Inc.,
5.375%,
01/15/2028
349,038
0.4
225,000
(1)
Clean
Harbors,
Inc.,
5.125%,
07/15/2029
224,692
0.2
330,000
(1)
Emerald
Debt
Merger
Sub
LLC,
6.625%,
12/15/2030
337,789
0.4
500,000
(1)
Energizer
Holdings,
Inc.,
6.000%,
09/15/2033
477,227
0.5
325,000
(1)
Entegris
Escrow
Corp.,
5.950%,
06/15/2030
328,492
0.4
327,000
(1)
Fortress
Transportation
and
Infrastructure
Investors
LLC,
5.875%,
04/15/2033
325,887
0.4
385,000
(1)
GFL
Environmental,
Inc.,
4.000%,
08/01/2028
377,848
0.4
275,000
(1)
Global
Infrastructure
Solutions,
Inc.,
5.625%,
06/01/2029
274,768
0.3
390,000
(1)
Imola
Merger
Corp.,
4.750%,
05/15/2029
383,577
0.4
340,000
(1)
Owens-Brockway
Glass
Container,
Inc.,
7.250%,
05/15/2031
334,737
0.4
330,000
(1)
Quikrete
Holdings,
Inc.,
6.375%,
03/01/2032
336,247
0.4
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Industrial:
(continued)
275,000
(1)
Sensata
Technologies,
Inc.,
3.750%,
02/15/2031
$
258,042
0.3
250,000
(1)
Smyrna
Ready
Mix
Concrete
LLC,
8.875%,
11/15/2031
263,752
0.3
345,000
(1)
Solaris
Energy
Infrastructure
LLC,
6.375%,
05/15/2031
350,564
0.4
350,000
(1)
Standard
Industries,
Inc.,
4.750%,
01/15/2028
348,544
0.4
220,000
(1)
Stonepeak
Nile
Parent
LLC,
7.250%,
03/15/2032
229,424
0.3
1,000,000
(1)
Sword
Purchaser
LLC,
8.250%,
04/15/2033
1,030,743
1.1
300,000
(1)
Terex
Corp.,
6.250%,
10/15/2032
304,762
0.3
315,000
(1)
TransDigm,
Inc.,
6.375%,
05/31/2033
318,406
0.3
330,000
(1)
Waste
Pro
USA,
Inc.,
7.000%,
02/01/2033
338,170
0.4
275,000
(1)
Weekley
Homes
LLC
/
Weekley
Finance
Corp.,
4.875%,
09/15/2028
269,321
0.3
425,000
(1)
WESCO
Distribution,
Inc.,
5.500%,
04/15/2034
422,972
0.5
9,937,957
11.1
Technology
:
2.4%
325,000
(1)
Amentum
Escrow
Corp.,
7.250%,
08/01/2032
336,641
0.4
400,000
(1)
CACI
International,
Inc.,
6.375%,
06/15/2033
409,334
0.5
725,000
(1)
Cloud
Software
Group,
Inc.,
6.500%,
03/31/2029
719,866
0.8
495,000
(1)
Open
Text
Holdings,
Inc.,
4.125%,
02/15/2030
455,095
0.5
195,000
(1)
UKG,
Inc.,
6.875%,
02/01/2031
191,787
0.2
2,112,723
2.4
Utilities
:
1.5%
275,000
(1)
Alpha
Generation
LLC,
6.750%,
10/15/2032
281,589
0.3
175,000
(1)
NRG
Energy,
Inc.,
6.000%,
02/01/2033
176,394
0.2
195,000
(1)
NRG
Energy,
Inc.,
6.250%,
11/01/2034
196,791
0.2
236,000
(2)
PG&E
Corp.,
6.850%,
09/15/2056
235,328
0.3
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Utilities:
(continued)
425,000
(1)
Talen
Energy
Supply
LLC,
6.250%,
02/01/2034
$
423,802
0.5
1,313,904
1.5
Total
Corporate
Bonds/
Notes
(Cost
$51,466,503)
51,579,652
57.7
SENIOR
LOANS
*
:
52.8%
Basic
Materials
:
1.5%
326,509
A-AP
Buyer,
Inc.,
Initial
Term
Loan,
6.417%,
(TSFR3M+2.750%),
09/09/2031
328,414
0.4
452
Ineos
Quattro
Holdings
UK
Limited,
2031
Tranche
B
Dollar
Term
Loan,
7.870%,
(TSFR1M+4.250%),
10/07/2031
404
0.0
177,749
Paint
Intermediate
III
LLC,
Paint
Intermediate/
Wesco
Group
Cov-
Lite
Tlb,
6.653%,
(TSFR3M+3.000%),
10/09/2031
178,230
0.2
319,013
Qnity
Electronics,
Inc.,
Term
Loan
B,
5.668%,
(TSFR1M+2.000%),
11/01/2032
320,807
0.3
240,000
Solstice
Advanced
Materials
Inc.,
Term
B
Loan,
5.417%,
(TSFR3M+1.750%),
10/29/2032
241,875
0.3
242,175
USALCO
LLC,
Tranche
B,
7.120%,
(TSFR1M+3.500%),
09/30/2031
243,310
0.3
1,313,040
1.5
Communications
:
3.2%
166,613
Aragorn
Parent
Corporation,
2025
Replacement
Term
Loan,
7.168%,
(TSFR1M+3.500%),
12/15/2028
167,602
0.2
404,559
Arches
Buyer
Inc.,
Refinancing
Term
Loan,
6.970%,
(TSFR1M+3.350%),
12/06/2027
404,337
0.5
236,591
Cengage
Learning
Inc.,
Term
Loan,
6.638%,
(TSFR3M+3.000%),
03/24/2031
233,486
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Communications:
(continued)
272,932
CNT
Holdings
I
Corp,
Tranche
B,
6.167%,
(TSFR3M+2.500%),
11/08/2032
$
274,058
0.3
166,703
Dotdash
Meredith,
Inc.,
Term
B-2
Loan,
7.149%,
(TSFR1M+3.500%),
06/17/2032
158,219
0.2
224,449
Ensono
LP,
First
Lien
Initial
Term
Loan,
7.735%,
(TSFR1M+4.114%),
05/26/2028
221,129
0.2
148,125
GoodRX
Inc.,
2024
Term
Loan,
7.370%,
(TSFR1M+3.750%),
07/10/2029
140,256
0.2
190,816
Magnite
Inc.,
Amendment
2
Initial
Term
Loan,
6.620%,
(TSFR1M+3.000%),
02/06/2031
188,908
0.2
306,291
McGraw-Hill
Education
Inc.,
Tranche
B2,
6.370%,
(TSFR1M+2.750%),
08/06/2031
307,547
0.3
229,461
MH
Sub
I
LLC,
Tranche
B3,
7.870%,
(TSFR1M+4.250%),
05/03/2028
222,577
0.2
274,421
The
Knot
Worldwide
Inc.,
Amendment
No
5
term
Loan,
7.370%,
(TSFR1M+3.750%),
01/31/2028
224,682
0.3
225,494
TripAdvisor
Inc.,
Initial
Term
B
Loan,
6.402%,
(TSFR1M+2.750%),
07/08/2031
210,274
0.2
75,580
Zayo
Group
Holdings
Inc.,
Dollar
Term
Loan,
6.767%,
(TSFR1M+3.115%),
03/11/2030
75,648
0.1
2,828,723
3.2
Consumer,
Cyclical
:
7.8%
199,307
AAdvantage
Loyality
IP
Ltd
(American
Airlines
Inc),
2025
Incremental
Term
Loans,
6.425%,
(TSFR3M+2.750%),
05/28/2032
199,592
0.2
375,000
AI
Aqua
Merger
Sub
Inc
FKA
Osmosis
Buyer
Limited,
Tranche
B,
6.148%,
(TSFR1M+2.500%),
07/31/2028
375,831
0.4
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Consumer,
Cyclical:
(continued)
203,544
American
Greetings
Corporation,
Tranche
C
Term
Loan,
9.370%,
(TSFR1M+5.750%),
10/30/2029
$
203,735
0.2
257,014
Aramark
Services
Inc.,
U.S.
Term
B-10
Loan,
5.370%,
(TSFR1M+1.750%),
06/22/2030
258,460
0.3
94,288
Bombardier
Recreational
Products
Inc.,
2024
Extended
Term
Loan,
5.870%,
(TSFR1M+2.250%),
01/22/2031
94,432
0.1
219,163
Boots
Group
Finco
LP,
Closing
Date
Dollar
Term
Loan,
6.924%,
(TSFR3M+3.250%),
08/30/2032
221,012
0.2
311,235
Cinemark
USA
Inc.,
Term
Loan,
5.950%,
(TSFR3M+2.250%),
05/24/2030
312,013
0.3
145,883
City
Football
Group
Limited,
Tl,
7.425%,
(TSFR3M+3.762%),
07/21/2030
146,156
0.2
229,894
Crown
Finance
US
Inc.,
Term
Loan
B,
8.145%,
(TSFR1M+4.500%),
12/02/2031
230,756
0.3
320,000
EG
America
LLC,
Tranche
B,
6.918%,
(TSFR3M+3.250%),
02/10/2031
321,900
0.4
281,035
Fertitta
Entertainment
LLC,
Tranche
B,
6.870%,
(TSFR1M+3.250%),
01/27/2029
280,455
0.3
228,926
Gategroup
Finance
(Luxembourg)
S.A.,
Senior
Facility
B2
(USD),
7.190%,
(TSFR3M+3.500%),
06/10/2032
230,262
0.3
315,422
Great
Outdoors
Group
LLC,
Term
B-3
Loan,
6.870%,
(TSFR1M+3.250%),
01/23/2032
317,478
0.4
177,750
Highline
AfterMarket
Acquisition
LLC,
2025-1
Term
Loan,
7.230%,
(TSFR3M+3.500%),
02/13/2030
179,305
0.2
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Consumer,
Cyclical:
(continued)
221,581
Holley
Purchaser,
Inc.,
Initial
Term
Loan,
7.485%,
(TSFR1M+3.750%),
11/17/2028
$
221,028
0.2
267,905
Latham
Pool
Products
Inc.,
Initial
Term
Loans,
7.470%,
(TSFR1M+3.850%),
02/23/2029
267,458
0.3
189,698
LC
Ahab
US
Bidco
LLC,
Initial
Term
Loan,
6.120%,
(TSFR1M+2.500%),
05/01/2031
189,105
0.2
250,000
Light
and
Wonder
International
Inc.,
Term
Loan
B-3,
5.579%,
(TSFR1M+2.000%),
04/16/2029
250,312
0.3
268,220
LS
Group
OPCO
Acquisition
LLC,
Term
Loan
B,
6.166%,
(TSFR3M+2.500%),
04/23/2031
268,220
0.3
266,625
Peer
Holding
III
BV,
Term
Loan
B5b,
6.200%,
(TSFR3M+2.500%),
07/01/2031
267,625
0.3
294,100
Raising
Canes
Restaurants
LLC,
First
Amendment
New
Term
Loan,
5.620%,
(TSFR1M+2.000%),
11/03/2032
293,496
0.3
224,283
RC
Buyer
Inc.,
First
Lien
Initial
Term
Loan,
6.985%,
(TSFR1M+3.364%),
07/28/2028
222,769
0.2
210,000
RVR
Dealership
Holdings
LLC,
2026
Refinancing
Term
Loan,
8.167%,
(TSFR3M+4.500%),
02/25/2033
204,137
0.2
283,913
Samsonite
International
SA,
Term
Loan
B,
5.370%,
(TSFR1M+1.750%),
11/05/2032
285,214
0.3
325,025
Scientific
Games
Holdings
LP,
Tranche
B,
6.674%,
(TSFR3M+3.000%),
04/04/2029
320,875
0.4
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Consumer,
Cyclical:
(continued)
154,016
Showtime
Acquisition
LLC,
Initial
Term
Loan,
8.391%,
(TSFR3M+4.750%),
08/13/2031
$
153,246
0.2
224,075
SKECHERS
U.S.A.
INC.
(Beach
Acquisition
Bidco),
Tranche
B-1
Term
Loan,
6.950%,
(TSFR3M+3.250%),
09/13/2032
225,784
0.3
181,032
UFC
Holdings
LLC
(Zuffa)/TKO
Group,
Tranche
B5,
5.636%,
(TSFR3M+2.000%),
11/21/2031
181,504
0.2
85,000
Vse
Corporation,
Term
Loan
B,
5.646%,
(TSFR1M+2.000%),
05/05/2033
85,478
0.1
207,954
White
Cap
Supply
Holdings
LLC(f/k/a
White
Cap
Buyer
LLC),
Tranche
C
Term
Loan,
6.870%,
(TSFR1M+3.250%),
10/19/2029
206,891
0.2
7,014,529
7.8
Consumer,
Non-cyclical
:
12.6%
369,075
AlixPartners
LLP,
Tranche
B,
5.620%,
(TSFR1M+2.000%),
08/12/2032
369,009
0.4
318,150
Allied
Universal
Holdco
LLC,
Amendment
7
Replacement
U.S.
Dollar
Term
Loan,
6.870%,
(TSFR1M+3.250%),
08/20/2032
319,525
0.4
313,425
Amneal
Pharmaceuticals
LLC,
Tranche
B,
6.620%,
(TSFR1M+3.000%),
08/02/2032
315,449
0.4
134,005
Anticimex
Global
AB
(f/k/a
Seren
Bidco
AB),
Facility
B8
(USD),
6.432%,
(SOFRRATE+2.900%),
11/17/2031
134,571
0.2
230,000
Argent
Finco
LLC,
Term
Loan,
6.164%,
(TSFR3M+2.500%),
11/12/2032
231,689
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Consumer,
Non-cyclical:
(continued)
368,150
Bausch
&
Lomb
Corporation,
Tranche
B,
7.402%,
(TSFR1M+3.750%),
01/15/2031
$
370,106
0.4
333,835
Belfor
Holdings
Inc.,
Tranche
B-5
Term
Loan,
6.370%,
(TSFR1M+2.750%),
11/01/2030
335,504
0.4
221,045
Bella
Holding
Company
LLC,
Tl,
6.620%,
(TSFR1M+3.000%),
05/10/2028
221,920
0.3
267,965
BIFM
US
Finance
LLC,
2025
Term
Loan
(First
Lien),
6.870%,
(TSFR1M+3.250%),
05/31/2028
269,095
0.3
210,000
Camelot
US
Acquisition
I
Co,
Amendment
No.
7
Incremental
Term
Loan,
6.870%,
(TSFR1M+3.250%),
01/31/2031
199,325
0.2
353,675
Chobani
LLC,
Tranche
B,
5.870%,
(TSFR1M+2.250%),
10/28/2032
355,311
0.4
304,238
Corpay
Technologies
Operating
Co
LLC,
Term
Loan
B,
5.370%,
(TSFR1M+1.750%),
11/05/2032
304,753
0.3
294,261
Creative
Artists
Agency,
LLC,
Term
Loan
B,
6.120%,
(TSFR1M+2.500%),
10/01/2031
295,594
0.3
98,688
Dechra
Pharmaceuticals
Holdings
Limited
(f/k/a
Freya
Bidco
Limited),
Tranche
B,
6.387%,
(TSFR6M+2.750%),
01/27/2032
99,150
0.1
365,000
Electron
Bidco
Inc.,
2026
Term
Loan,
6.120%,
(TSFR1M+2.500%),
02/06/2033
366,968
0.4
275,000
Ensemble
RCM
LLC,
Term
Loan
B,
6.660%,
(TSFR3M+3.000%),
02/09/2033
274,691
0.3
154,225
Fleet
Midco
I
Ltd.,
Facility
B2
Term
Loan,
6.334%,
(TSFR3M+2.750%),
02/21/2031
155,382
0.2
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Consumer,
Non-cyclical:
(continued)
335,457
Fugue
Finance
B.V.,
Tranche
B,
5.921%,
(TSFR3M+2.250%),
01/09/2032
$
334,898
0.4
197,396
Gainwell
Acquisition
Corp,
Tranche
B,
7.800%,
(TSFR3M+4.100%),
10/01/2027
194,287
0.2
293,010
Garda
World
Security
Corporation,
Tranche
B,
6.422%,
(TSFR3M+2.750%),
02/01/2029
293,743
0.3
141,375
Genmab
A/S,
Initial
Term
B
Loan,
6.700%,
(TSFR3M+3.000%),
12/10/2032
142,188
0.2
204,271
Global
Medical
Response
Inc.,
Tranche
B,
6.848%,
(TSFR1M+3.250%),
10/01/2032
205,433
0.2
323,618
Grant
Thornton
Advisors
LLC,
Tranche
B,
6.370%,
(TSFR1M+2.750%),
05/30/2031
312,696
0.4
41,481
(3)
Hanger
Inc.,
Delayed
Draw
Term
Loan,
7.120%,
(TSFR1M+3.500%),
10/23/2031
41,747
0.0
320,131
Hanger
Inc.,
Initial
Term
Loan,
7.120%,
(TSFR1M+3.500%),
10/23/2031
322,182
0.4
360,000
Hologic,
Inc.,
Tranche
B,
5.924%,
(TSFR3M+2.250%),
04/07/2033
357,014
0.4
287,600
HomeServe
USA
Holding
Corp.,
Amendment
No.1
Refinancing
Term
Loan,
5.603%,
(TSFR1M+2.000%),
10/21/2030
287,570
0.3
295,000
Ion
Platform
Finance
Us,
Inc.,
Initial
Dollar
Term
Loans,
7.450%,
(TSFR3M+3.750%),
10/07/2032
232,312
0.3
184,538
Lavender
Dutch
Borrowerco
B.V.,
Facility
B
(USD),
6.950%,
(TSFR3M+3.250%),
12/30/2032
183,999
0.2
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Consumer,
Non-cyclical:
(continued)
220,000
Mister
Car
Wash
Holdings
Inc.,
Incremental
First
Lien
Term
Loan
B,
6.641%,
(TSFR1M+3.000%),
03/27/2031
$
221,414
0.2
256,407
Neon
Maple
Purchaser
Inc.,
1st
amend
Tranche
B-1
TL,
6.120%,
(TSFR1M+2.500%),
11/17/2031
255,413
0.3
303,925
Nourish
Buyer
I,
Inc.,
Tranche
B,
7.669%,
(TSFR3M+4.000%),
07/12/2032
306,584
0.3
157,681
Priority
Holdings
LLC,
2025-1
Refinancing
Term
Loan,
7.370%,
(TSFR1M+3.750%),
08/02/2032
156,301
0.2
261,000
Pye
Barker
Fire
&
Safety
LLC,
Closing
Date
Term
Loan,
6.163%,
(TSFR3M+2.500%),
12/16/2032
261,979
0.3
39,000
(3)(4)
Pye
Barker
Fire
&
Safety
LLC,
Tranche
DD,
12/16/2032
39,146
0.0
17,067
(3)(4)
Raven
Acquisition
Holdings,
LLC,
2024
Delayed
Draw
Term
Loan
Commitment,
11/19/2031
16,995
0.0
234,320
Raven
Acquisition
Holdings,
LLC,
Initial
Term
Loans,
6.620%,
(TSFR1M+3.000%),
11/19/2031
233,337
0.3
228,275
Red
SPV
LLC,
Initial
Term
Loan,
5.834%,
(TSFR1M+2.250%),
03/15/2032
228,846
0.3
206,609
Resonetics
LLC,
Tranche
B,
6.421%,
(TSFR3M+2.750%),
06/18/2031
207,199
0.2
274,886
Sotera
Health
Holdings
LLC,
5.870%,
(TSFR1M+2.250%),
05/30/2031
275,659
0.3
297,005
Southern
Veterinary
Partners
LLC,
2025
New
Term
Loan,
6.156%,
(TSFR1M+2.500%),
12/04/2031
297,636
0.3
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Consumer,
Non-cyclical:
(continued)
120,340
The
Hertz
Corporation,
Initial
Term
B
Loan,
7.414%,
(TSFR3M+3.762%),
06/30/2028
$
93,238
0.1
23,713
The
Hertz
Corporation,
Initial
Term
C
Loan,
3.762%,
(TSFR3M+3.762%),
06/30/2028
18,373
0.0
255,000
Triton
Water
Holdings
Inc.,
Tranche
B,
6.450%,
(TSFR3M+2.750%),
03/31/2031
256,944
0.3
25,658
(3)
US
Fertility
Enterprises
LLC,
Delayed
Draw
Term
Loan,
7.156%,
(TSFR3M+3.500%),
12/10/2032
25,850
0.0
169,342
US
Fertility
Enterprises
LLC,
Initial
Term
Loan,
7.120%,
(TSFR3M+3.500%),
12/10/2032
170,612
0.2
99,750
Valvoline
Inc.,
Term
Loan
B,
5.648%,
(TSFR1M+2.000%),
12/01/2032
100,342
0.1
213,217
Vizient
Inc.,
Term
B-8
Loan,
5.370%,
(TSFR1M+1.750%),
08/01/2031
214,230
0.2
84,575
VM
Consolidated
Inc.,
Term
Loan
B-4,
5.620%,
(TSFR1M+2.000%),
10/01/2032
71,730
0.1
263,225
Wand
NewCo
3
Inc.,
Tranche
B2,
6.120%,
(TSFR1M+2.500%),
01/30/2031
262,873
0.3
11,240,812
12.6
Energy
:
3.4%
168,218
AL
GCX
Holdings
LLC,
Initial
Term
Loan
B,
5.643%,
(TSFR1M+2.000%),
01/30/2032
168,665
0.2
303,990
Brazos
Delaware
II
LLC,
2025
B-2
Refinancing
Term
Loan,
6.131%,
(TSFR1M+2.500%),
02/11/2030
305,193
0.3
209,469
CPPIB
OVM
Member
U.S.
LLC,
Initial
Term
Loans,
5.950%,
(TSFR3M+2.250%),
08/20/2031
210,058
0.2
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Energy:
(continued)
155,000
Crescent
Midstream
Operating,
LLC,
Term
Loan,
7.399%,
(TSFR3M+3.750%),
02/11/2033
$
156,356
0.2
235,000
Deep
Blue
Operating
I
LLC,
Initial
Term
Loan,
6.395%,
(TSFR1M+2.750%),
10/01/2032
236,469
0.3
248,915
Emg
Utica
Midstream
Holdings
LLC,
Initial
Term
Loan,
7.200%,
(TSFR3M+3.500%),
04/01/2030
251,093
0.3
230,000
Freeport
LNG
Investments,
LLP,
Term
Loan
B,
6.925%,
(TSFR3M+3.250%),
02/11/2033
231,150
0.3
314,075
Goodnight
Water
Solutions
Holdings,
LLC,
Initial
Term
Loans,
7.620%,
(TSFR1M+4.000%),
06/04/2029
316,038
0.3
135,286
M6
Etx
Holdings
II
Midco
LLC,
Tranche
B,
6.120%,
(TSFR1M+2.500%),
04/01/2032
136,019
0.1
170,000
Pelican
Pipeline
LLC,
Initial
Term
Loan,
6.466%,
(TSFR3M+2.750%),
03/23/2033
171,133
0.2
296,250
Rockpoint
Gas
Storage
Partners
LP,
Amendment
No.
2
Refinancing
Term
Loans,
6.200%,
(TSFR3M+2.500%),
09/18/2031
298,101
0.3
363,369
Third
Coast
Infrastructure
LLC,
6.870%,
(TSFR1M+3.250%),
09/25/2030
366,094
0.4
230,000
Venture
Global
Calcasieu
Pass
LLC,
6.954%,
(TSFR6M+3.250%),
04/11/2033
231,078
0.3
3,077,447
3.4
Financial
:
8.4%
232,300
Acrisure
LLC,
2025
Term
Loan
B7,
6.870%,
(TSFR1M+3.250%),
06/21/2032
220,298
0.2
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Financial:
(continued)
147,755
Acuren
Delaware
Holdco
Inc
(f/k/a
AAL
Delaware
Holdco
Inc),
Amendment
No.
1
Term
Loan,
6.370%,
(TSFR1M+2.750%),
07/30/2031
$
148,457
0.2
327,916
Alliant
Holdings
Intermediate
LLC,
Tranche
B,
6.152%,
(TSFR1M+2.500%),
09/19/2031
327,062
0.4
267,218
Allspring
Buyer
LLC,
2024
Specified
Refinancing
Term
Loan,
6.750%,
(TSFR3M+3.000%),
11/01/2030
268,262
0.3
327,945
Ardonagh
Group
Finco
Pty
Ltd,
Tranche
B,
6.370%,
(TSFR6M+2.750%),
02/18/2031
323,299
0.4
317,706
Aretec
Group
Inc.,
Term
B-4
Loan,
6.620%,
(TSFR1M+3.000%),
08/09/2030
317,666
0.4
223,375
Armor
Holdco
Inc.,
2025
Refinancing
Term
Loans,
7.549%,
(TSFR6M+3.750%),
12/10/2031
223,933
0.2
205,000
Asurion
LLC,
New
B-14
Term
Loans,
7.418%,
(TSFR1M+3.750%),
02/23/2033
200,409
0.2
216,703
Azorra
Soar
TLB
FInance
Limited,
Tranche
B,
6.174%,
(TSFR3M+2.500%),
10/18/2029
217,990
0.2
208,425
BCP
VI
Summit
Holdings
LP,
Initial
Term
Loan,
6.649%,
(TSFR1M+3.000%),
01/30/2032
209,467
0.2
387,075
Brookfield
Property
Reit
Inc.,
6.620%,
(TSFR1M+3.000%),
05/28/2030
388,527
0.4
169,784
Chicago
US
Midco
III
LP,
Closing
Date
Term
Loan,
6.120%,
(TSFR1M+2.500%),
11/01/2032
170,209
0.2
25,216
(3)(4)
Chicago
US
Midco
III
LP,
Delayed
Draw
Term
Loan,
11/01/2032
25,268
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Financial:
(continued)
207,083
Chrysaor
Bidco
S.A
R.L.,
Facility
B1
(USD)
Loan,
6.669%,
(TSFR3M+3.000%),
10/30/2031
$
208,183
0.2
139,650
Citco
Funding
LLC,
2026
Term
Loans,
5.667%,
(TSFR3M+2.000%),
01/21/2033
140,348
0.2
431,713
CPI
Holdco
B,
LLC,
2025
Fourth
Amendment
Incremental
Term
Loan,
5.620%,
(TSFR1M+2.000%),
05/17/2031
431,780
0.5
183,063
Cushman
&Amp;
Wakefield
U.S.
Borrower,
Llc.,
2025-2
Term
Loan,
6.370%,
(TSFR1M+2.750%),
01/31/2030
183,520
0.2
180,188
Dragon
Buyer,
Inc.,
Term
Loan,
6.450%,
(TSFR3M+2.750%),
09/30/2031
161,380
0.2
321,667
Focus
Financial
Partners
LLC,
Tranche
B8,
6.120%,
(TSFR1M+2.500%),
09/15/2031
316,842
0.4
219,583
Guardian
US
Holdco
LLC,
Initial
Term
Loan,
6.950%,
(TSFR3M+3.250%),
01/31/2030
218,576
0.2
232,825
HighTower
Holding
LLC,
Amendment
No.
10
Replacement
Term
Loan,
6.408%,
(TSFR3M+2.750%),
02/03/2032
233,407
0.3
248,271
IMC
Financing
LLC,
Term
Loan,
6.584%,
(TSFR1M+3.000%),
06/21/2032
250,443
0.3
388,026
Jane
Street
Group
LLC,
Extended
Term
Loan,
5.666%,
(TSFR3M+2.000%),
12/15/2031
386,436
0.4
340,000
(4)
Jupiter
Borrower,
Inc.,
Term
Loan
B,
03/25/2033
341,700
0.4
119,395
Kestra
Advisor
Services
Holdings
A
Inc.,
6.370%,
(SOFRRATE+2.750%),
03/24/2031
119,246
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Financial:
(continued)
350,000
Osaic
Holdings
Inc
(f/k/a
Advisor
Group
Holdings
Inc),
Term
B-1
Loan,
6.200%,
(TSFR3M+2.500%),
07/30/2032
$
349,392
0.4
155,000
Osttra
Group
Ltd.,
Term
Loan
(First
Lien),
7.169%,
(TSFR3M+3.500%),
10/08/2032
155,388
0.2
359,217
Sedgwick
Claims
Management
Services
Inc.,
2024
Term
Loan,
6.120%,
(TSFR1M+2.500%),
07/31/2031
359,313
0.4
164,175
Starwood
Property
Mortgage
LLC,
5.620%,
(TSFR1M+2.000%),
09/24/2032
164,560
0.2
208,451
Trucordia
Insurance
Holdings
LLC,
Initial
Term
Loan,
6.870%,
(TSFR1M+3.250%),
06/17/2032
197,768
0.2
78,947
Truist
Insurance
Holdings,
LLC,
Initial
Term
Loans
(Second
Lien),
8.450%,
(TSFR3M+4.750%),
05/06/2032
78,289
0.1
190,000
Truist
Insurance
Holdings,
LLC,
Tranche
B,
6.450%,
(TSFR3M+2.750%),
05/06/2031
188,575
0.2
7,525,993
8.4
Industrial
:
7.7%
45,294
(3)(4)
Aegion
Corporation,
Delayed
Draw
Term
Loan,
04/25/2033
45,322
0.0
339,706
Aegion
Corporation,
Term
Loan,
6.416%,
(TSFR3M+2.750%),
04/25/2033
339,918
0.4
190,482
Alliance
Laundry
Systems
LLC,
Tranche
B,
5.917%,
(TSFR3M+2.250%),
08/19/2031
191,474
0.2
235,000
BG
MS
US
Holdings,
LLC,
Term
B
Loan,
8.450%,
(TSFR3M+4.750%),
10/22/2032
235,955
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Industrial:
(continued)
322,727
Chariot
Buyer
LLC,
2025
New
Term
Loan
B,
6.402%,
(TSFR1M+2.750%),
09/08/2032
$
323,516
0.4
148,454
Clydesdale
Acquisition
Holdings
Inc.,
2025
Incremental
Closing
Date
Term
B
Loan,
6.870%,
(TSFR1M+3.250%),
04/01/2032
140,595
0.2
279,831
Clydesdale
Acquisition
Holdings
Inc.,
Term
B
Loan,
6.795%,
(TSFR1M+3.175%),
04/13/2029
273,535
0.3
169,575
CoorsTek,
Inc.,
Term
Loan
B,
6.671%,
(TSFR3M+3.000%),
10/28/2032
171,271
0.2
250,563
Crown
Equipment
Corporation,
Initial
Term
B-2,
5.649%,
(TSFR1M+2.000%),
10/10/2031
252,207
0.3
301,950
Crown
Subsea
Communications
Holding
Inc.,
2026
Term
Loans,
6.620%,
(TSFR1M+3.000%),
01/30/2031
304,277
0.3
274,063
DG
Investment
Intermediate
Holdings
2
Inc.,
Tranche
B,
6.870%,
(TSFR1M+3.250%),
07/12/2032
275,433
0.3
271,514
Goat
Holdco
LLC,
Tranche
B,
6.120%,
(TSFR1M+2.500%),
01/27/2032
272,023
0.3
190,000
Graham
Packaging
Company
Inc.,
Initial
Term
Loan,
5.870%,
(TSFR1M+2.250%),
01/26/2033
190,529
0.2
260,000
Green
Infrastructure
Partners
Inc.,
Tranche
B,
6.450%,
(TSFR3M+2.750%),
09/24/2032
261,300
0.3
164,240
Hillenbrand
Inc.,
Term
Loan
B,
7.120%,
(TSFR1M+3.500%),
02/10/2033
163,460
0.2
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Industrial:
(continued)
229,875
Jenmar
Intermediate
III,
LLC,
Term
Loan,
8.625%,
(TSFR1M+5.000%),
12/16/2030
$
228,438
0.3
264,277
Kenan
Advantage
Group
Inc
(The),
Term
Loan
B4,
6.870%,
(TSFR1M+3.250%),
01/25/2029
264,277
0.3
201,489
Lsf11
Trinity
Bidco,
Inc.,
2025
Term
Loan
B,
6.108%,
(TSFR1M+2.500%),
06/14/2030
202,371
0.2
229,089
Lsf12
Crown
Us
Commercial
Bidco,
LLC,
Tranche
B,
6.649%,
(TSFR1M+3.000%),
12/02/2031
230,721
0.3
328,360
Madison
Iaq
LLC,
Tranche
B,
6.378%,
(TSFR6M+2.750%),
05/06/2032
329,328
0.4
115,088
Madison
Safety
&
Flow
LLC,
Tranche
B,
6.108%,
(TSFR1M+2.500%),
09/26/2031
115,548
0.1
153,840
MV
Holding
GmbH
FKA
Igloo
Holdings
Corp,
Tranche
B,
5.620%,
(TSFR1M+2.000%),
03/17/2032
154,513
0.2
284,038
Pac
Dac
LLC,
Initial
Term
Loans,
6.917%,
(TSFR3M+3.250%),
10/28/2030
281,434
0.3
253,925
Pro
Mach,
Amendment
No
6
Term
Loan,
6.370%,
(TSFR1M+2.750%),
10/18/2032
254,647
0.3
109,725
Project
Aurora
Holdco
1
Limited,
Facility
B2,
6.350%,
(TSFR3M+2.650%),
12/06/2032
110,342
0.1
115,306
Savage
Enterprises
LLC,
5.630%,
(TSFR1M+2.000%),
08/05/2032
115,522
0.1
291,466
Smyrna
Ready
Mix
Concrete
LLC,
2025
Term
Loan,
6.620%,
(TSFR1M+3.000%),
04/02/2029
292,741
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Industrial:
(continued)
240,000
Sword
Purchaser,
LLC,
7.620%,
(TSFR1M+4.000%),
04/09/2033
$
234,350
0.3
293,525
Transdigm,
Tranche
M
Term
Loans,
6.120%,
(TSFR1M+2.500%),
08/19/2032
294,528
0.3
130,000
TransDigm
Inc.,
Tranche
N,
6.120%,
(TSFR1M+2.500%),
02/10/2033
130,487
0.1
190,000
Us
Metalco
Holdings
LLC,
Initial
Term
Loan,
6.642%,
(TSFR3M+3.000%),
12/20/2032
191,069
0.2
6,871,131
7.7
Technology
:
7.3%
233,786
Altar
Bidco
Inc.,
Initial
Term
Loan,
6.858%,
(TSFR1M+3.350%),
02/01/2029
233,152
0.3
125,000
Altar
Bidco
Inc.,
Second
Lien
Initial
Term
Loan,
9.108%,
(TSFR1M+5.600%),
02/01/2030
118,047
0.1
120,000
Applied
Systems
Inc.,
Initial
Term
Loan
(2024)
(Second
Lien),
8.200%,
(TSFR3M+4.500%),
02/23/2032
119,300
0.1
341,300
Applied
Systems
Inc.,
Tranche
B4,
5.950%,
(TSFR3M+2.250%),
02/24/2031
338,847
0.4
318,789
AthenaHealth
Group
Inc.,
Tranche
B,
6.423%,
(TSFR1M+2.750%),
02/15/2029
318,922
0.4
253,439
BCPE
Pequod
Buyer
Inc.,
Initial
Term
Loan,
6.370%,
(TSFR1M+2.750%),
11/25/2031
252,014
0.3
147,401
Connectwise,
LLC,
Initial
Term
Loan,
7.461%,
(TSFR3M+3.762%),
09/29/2028
139,220
0.2
272,354
Cotiviti
Inc.,
Tranche
B,
6.399%,
(TSFR1M+2.750%),
08/27/2025
255,673
0.3
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Technology:
(continued)
150,150
Dayforce
Inc.,
Initial
Term
Loans,
6.661%,
(TSFR3M+3.000%),
02/04/2033
$
143,337
0.2
150,261
Disco
Parent
Inc.,
Term
Loan,
6.666%,
(TSFR3M+3.000%),
08/06/2032
149,134
0.2
277,394
ECI
Macola
/
Max
Holding
LLC,
2025
Repricing
Term
Loan,
6.450%,
(TSFR3M+2.750%),
05/09/2030
272,713
0.3
314,720
Epicor
Software
Corporation,
Term
F
Loans,
6.120%,
(TSFR1M+2.500%),
05/30/2031
311,136
0.3
202,445
Fortress
Intermediate
3
Inc.,
2025
Tlb,
6.638%,
(TSFR1M+3.000%),
06/27/2031
200,927
0.2
114,710
Genesys
Cloud
Services
Holdings
II
LLC
(f/k/a
Greeneden
US
Holdings
II
LLC),
Tranche
B,
6.120%,
(TSFR1M+2.500%),
01/30/2032
110,633
0.1
292,752
Icon
Parent
I
Inc.,
Tranche
B,
6.437%,
(TSFR3M+2.750%),
11/13/2031
279,853
0.3
150,000
Kaseya
Inc.,
Initial
Term
Loan,
8.668%,
(TSFR1M+5.000%),
03/05/2033
116,000
0.1
194,671
Kaseya
Inc.,
Term
Loan,
6.913%,
(TSFR3M+3.250%),
03/20/2032
170,905
0.2
255,000
Mitchell
International
Inc.,
6.620%,
(TSFR1M+3.000%),
06/17/2031
252,390
0.3
405,000
(4)
Oak-Eagle
Acquireco,
Inc.,
Tranche
B,
03/24/2033
406,867
0.4
225,984
PointClickCare
Technologies,
Tranche
B,
6.413%,
(TSFR3M+2.750%),
11/03/2031
226,455
0.2
324,627
Project
Boost
Purchaser
LLC,
1L
Intial
Term
Loan,
6.450%,
(TSFR3M+2.750%),
07/16/2031
321,409
0.4
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Technology:
(continued)
226,567
Project
Ruby
Ultimate
Parent
Corp,
Tranche
B5,
6.485%,
(TSFR1M+2.865%),
03/10/2028
$
227,134
0.2
92,093
RealPage
Inc.,
First
Lien
Initial
Term
Loan,
6.961%,
(TSFR3M+3.262%),
04/24/2028
89,518
0.1
364,088
Red
Planet
Borrower
LLC,
Initial
Term
Loan,
7.620%,
(TSFR1M+4.000%),
09/08/2032
364,861
0.4
248,435
Rocket
Software
Inc.,
Tranche
B,
7.370%,
(TSFR1M+3.750%),
11/28/2028
242,224
0.3
215,545
Skopima
Consilio
Parent
LLC
(FKA
GI
Consilio),
Amendment
No.
5
Term
Loans,
7.370%,
(TSFR1M+3.750%),
05/12/2028
173,437
0.2
286,640
SS&C
Technologies
Holdings,
Inc.,
Tranche
B8,
5.652%,
(TSFR1M+2.000%),
05/09/2031
286,783
0.3
199,499
UKG
Inc.,
Tranche
B,
5.913%,
(TSFR3M+2.250%),
02/10/2031
193,090
0.2
247,128
World
Wide
Technology
Holding
Co
LLC,
2025
Refinancing
Term
Loan,
5.620%,
(TSFR1M+2.000%),
03/01/2030
247,591
0.3
6,561,572
7.3
Utilities
:
0.9%
180,000
Calpine
Construction
Finance
Company
L
P,
2025
Refinancing
Term
Loan,
5.370%,
(TSFR1M+1.750%),
07/31/2030
180,613
0.2
265,000
Discovery
Energy
Holding
Corporation,
Term
Loan,
6.700%,
(TSFR3M+3.000%),
05/01/2031
266,242
0.3
Principal
Amount†
Value
Percentage
of
Net
Assets
SENIOR
LOANS
*
:
(continued)
Utilities:
(continued)
310,275
Lightning
Power,
LLC,
Initial
Term
B
Loan,
5.870%,
(TSFR1M+2.250%),
08/18/2031
$
311,681
0.4
758,536
0.9
Total
Senior
Loans
(Cost
$47,392,568)
47,191,783
52.8
ASSET-BACKED
SECURITIES
:
4.7%
Other
Asset-Backed
Securities
:
4.7%
500,000
(1)(2)
Ares
LXXIV
CLO
Ltd.
2024-74A
E,
10.809%,
(TSFR3M
+
6.000%),
10/15/2036
488,664
0.5
500,000
(1)(2)
Bain
Capital
Credit
Clo
Ltd.
2024-5A
E,
10.759%,
(TSFR3M
+
6.150%),
10/21/2037
492,598
0.5
500,000
(1)(2)
Benefit
Street
Partners
CLO
XXVII
Ltd.
2022-
27A
ER,
9.825%,
(TSFR3M
+
6.150%),
10/20/2037
492,912
0.5
350,000
(1)(2)
Carlyle
US
CLO
Ltd.
2024-3A
E,
10.067%,
(TSFR3M
+
6.400%),
07/25/2036
351,120
0.4
250,000
(1)(2)
Carlyle
US
CLO
Ltd.
2024-7A
E,
9.173%,
(TSFR3M
+
5.500%),
01/15/2037
249,574
0.3
500,000
(1)(2)
Elmwood
CLO
33
Ltd.
2024-9RA
ER,
10.973%,
(TSFR3M
+
5.850%),
10/21/2037
493,357
0.6
500,000
(1)(2)
Harmony-Peace
Park
CLO
Ltd.
2024-1A
E,
10.248%,
(TSFR3M
+
5.700%),
10/20/2037
480,289
0.5
450,000
(1)(2)
Neuberger
Berman
Loan
Advisers
Clo
44
Ltd.
2021-44A
DR,
6.330%,
(TSFR3M
+
2.650%),
10/16/2035
447,310
0.5
250,000
(1)(2)
Octagon
71
Ltd.
2024-1A
E,
10.425%,
(TSFR3M
+
6.750%),
04/18/2037
247,932
0.3
500,000
(1)(2)
Symphony
CLO
44
Ltd.
2024-44A
E,
9.819%,
(TSFR3M
+
6.150%),
07/14/2037
493,427
0.6
4,237,183
4.7
Total
Asset-Backed
Securities
(Cost
$4,296,451)
4,237,183
4.7
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
0.0%
Business
Equipment
&
Services
:
0.0%
13,045
(5)(6)
Yak
Access
LLC
Series
A
$
131
0.0
1,333
(5)(6)
Yak
Access
LLC
Series
B
13
0.0
144
0.0
Consumer
Discretionary
:
0.0%
42,856
(5)(6)
Anchor
Hocking
Holdings
428
0.0
169
(5)(6)
Travelport
Tech
Ltd.
—
—
428
0.0
Total
Common
Stock
(Cost
$728,173)
572
0.0
Total
Long-Term
Investments
(Cost
$103,883,695)
103,009,190
115.2
Shares
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
0.0%
Mutual
Funds
:
0.0%
22,318
(7)
BlackRock
Liquidity
Funds,
FedFund,
Institutional
Class,
3.510%
(Cost
$22,318)
$
22,318
0.0
Total
Short-Term
Investments
(Cost
$22,318)
22,318
0.0
Total
Investments
in
Securities
(Cost
$103,906,013)
$
103,031,508
115.2
Liabilities
in
Excess
of
Other
Assets
(13,581,463)
(15.2)
Net
Assets
$
89,450,045
100.0
*
Senior
Loans,
while
exempt
from
registration
under
the
Securities
Act
of
1933,
as
amended,
contain
certain
restrictions
on
resale
and
cannot
be
sold
publicly.
These
senior
loans
bear
interest
(unless
otherwise
noted)
at
rates
that
float
periodically
at
a
margin
above
the
Secured
Overnight
Financing
Rate
("SOFR")
and
other
short-
term
rates.
†
Unless
otherwise
indicated,
principal
amount
is
shown
in
USD.
(1)
Securities
with
purchases
pursuant
to
Rule
144A
or
section
4(a)(2),
under
the
Securities
Act
of
1933
and
may
not
be
resold
subject
to
that
rule
except
to
qualified
institutional
buyers.
(2)
Variable
rate
security.
Rate
shown
is
the
rate
in
effect
as
of
May
31,
2026.
(3)
All
or
a
portion
of
this
holding
is
subject
to
unfunded
loan
commitments.
(4)
Contract
rates
that
are
not
disclosed
do
not
take
effect
until
settlement
date
and
have
yet
to
be
determined.
(5)
For
fair
value
measurement
disclosure
purposes,
security
is
categorized
as
Level
3,
whose
value
was
determined
using
significant
unobservable
inputs.
(6)
Non-income
producing
security.
(7)
Rate
shown
is
the
7-day
yield
as
of
May
31,
2026.
Reference
Rate
Abbreviations:
SOFRRATE
1-day
Secured
Overnight
Financing
Rate
TSFR1M
1-month
CME
Term
Secured
Overnight
Financing
Rate
TSFR3M
3-month
CME
Term
Secured
Overnight
Financing
Rate
TSFR6M
6-month
CME
Term
Secured
Overnight
Financing
Rate
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2026
(Unaudited)
(continued)
Fair
Value
Measurements
The
following
is
a
summary
of
the
fair
valuations
according
to
the
inputs
used
as
of
May
31,
2026
in
valuing
the
assets
and
liabilities:
Quoted
Prices
in
Active
Markets
for
Identical
Investments
(Level
1)
Significant
Other
Observable
Inputs
(Level
2)
Significant
Unobservable
Inputs
(Level
3)
Fair
Value
at
May
31,
2026
Asset
Table
Investments,
at
fair
value
Corporate
Bonds/Notes
$
—
$
51,579,652
$
—
$
51,579,652
Senior
Loans
—
47,191,783
—
47,191,783
Asset-Backed
Securities
—
4,237,183
—
4,237,183
Common
Stock*
—
—
572
572
Short-Term
Investments
22,318
—
—
22,318
Total
Investments,
at
fair
value
$
22,318
$
103,008,618
$
572
$
103,031,508
*
For
further
breakdown
of
Common
Stock
by
sector,
please
refer
to
the
Portfolio
of
Investments.
Net
unrealized
depreciation
consisted
of:
Gross
Unrealized
Appreciation
$
846,090
Gross
Unrealized
Depreciation
(1,720,595)
Net
Unrealized
Depreciation
$
(874,505)