RiverNorth/DoubleLine Strategic Income Fund

SCHEDULE OF INVESTMENTS

June 30, 2026 (Unaudited)

Shares/Description			Value
CLOSED-END FUNDS - 5.50%
*United States - 5.50%*
	1,550,234	BlackRock Corporate High Yield Fund, Inc.	$	13,270,003
	150,000	BlackRock Multi-Sector Income Trust		1,878,000
	881,099	First Trust High Yield Opportunities 2027 Term Fund		12,071,056
	630,532	PGIM Short Duration High Yield Opportunities Fund		10,334,420
	4	PIMCO Corporate & Income Opportunity Fund		48
	769,812	PIMCO Income Strategy Fund II		5,488,760
	671,858	Western Asset Inflation-Linked Opportunities & Income Fund		5,643,607

TOTAL CLOSED-END FUNDS
(Cost $45,952,997)				48,685,894

CLOSED-END FUNDS - PREFERRED SHARES - 0.38%
*United States - 0.38%*
	161,628	Virtus Convertible & Income Fund, 5.625% ^(a)		3,342,467

TOTAL CLOSED-END FUNDS - PREFERRED SHARES
(Cost $3,954,015)				3,342,467

BUSINESS DEVELOPMENT COMPANIES - PREFERRED SHARES - 0.02%
*United States - 0.02%*
	176,000	Entergy Corp., 5Y US TI + 2.67, 12/01/2054^(b)		182,049

TOTAL BUSINESS DEVELOPMENT COMPANIES - PREFERRED SHARES
(Cost $178,074)				182,049

COMMON STOCKS - 0.76%
*Brazil - 0.00%^(c)*
	21,161	OI S.A.^(d)		12
*United States - 0.76%*
	650,000	Blue Owl Technology Finance Corp.		6,727,500
	259,482	Pershing Square Tontine Holdings^(d)(e)(f)		0
	1,702	Unigel HoldCo Depositary Receipt^(d)(e)		–

TOTAL COMMON STOCKS
(Cost $8,797,446)				6,727,512

OPEN-END FUNDS - 4.55%
*United States - 4.55%*
	4,698,797	RiverNorth/Oaktree High Income Fund, Class I^(g)		40,197,743

TOTAL OPEN-END FUNDS
(Cost $44,351,139)				40,197,743

Principal Amount/Description			Rate	Maturity	Value
FOREIGN CORPORATE BONDS - 2.38%
Argentina - 0.02%
$	55,000	Pampa Energia SA^(h)	7.75%	11/14/2037		56,353
	50,000	Vista Energy Argentina SAU^(h)	7.88%	04/08/2038		51,600

Principal Amount/Description			Rate	Maturity	Value
$	35,000	YPF SA^(i)(j)	7.00%	09/30/2033	$	35,730
						143,683
Bermuda - 0.02%
	189,000	Triton Container International, Ltd. / TAL International Container Corp.	5.15%	02/15/2033		185,747

Brazil - 0.05%
	182,387	Geometrica Par Investimentos SA^(j)	7.50%	12/31/2031		186,094
	68,000	Vale Overseas, Ltd.	6.40%	06/28/2054		69,462
	200,000	Vale Overseas, Ltd.^(b)(j)	5Y US TI + 2.43%	02/25/2056		200,300
						455,856
Canada - 0.38%
	59,000	Bank of Nova Scotia^(b)	1D US SOFR + 1.05%	02/02/2034		58,111
	55,000	Bausch + Lomb Corp.^(h)	8.38%	10/01/2028		56,581
	4,000	Bausch Health Cos., Inc.^(h)	14.00%	10/15/2030		3,781
	182,000	Bell Telephone Co. of Canada or Bell Canada^(b)	5Y US TI + 2.36%	09/15/2055		188,129
	60,000	Canadian Imperial Bank of Commerce^(b)	1D US SOFR + 0.67%	06/16/2029		60,086
	186,000	CCL Industries, Inc.^(h)	3.05%	06/01/2030		174,067
	166,000	Element Fleet Management Corp.^(h)	6.32%	12/04/2028		171,726
	170,000	Element Fleet Management Corp.^(h)	5.04%	03/25/2030		170,999
	93,000	Enbridge, Inc.	5.45%	03/27/2036		94,038
	50,000	Garda World Security Corp.^(h)	6.50%	01/15/2031		50,730
	175,000	Garda World Security Corp.^(h)	8.25%	08/01/2032		179,241
	229,000	Hydro One, Inc.	4.75%	05/30/2031		229,496
	76,000	Nutrien, Ltd.	4.85%	05/29/2031		75,950
	253,000	Royal Bank of Canada^(b)	1D US SOFR + 0.98%	11/03/2031		248,124
	181,000	TELUS Corp.^(b)	5Y US TI + 2.71%	10/15/2055		187,632
	85,000	Toronto-Dominion Bank	4.93%	10/15/2035		83,538
	750,000	TransCanada PipeLines, Ltd.	4.63%	03/01/2034		725,234
	93,000	TransCanada PipeLines, Ltd.^(b)	5Y US TI + 2.12%	10/17/2056		94,122
	172,000	Videotron, Ltd.^(h)	5.70%	01/15/2035		172,837
	143,000	Waste Connections, Inc.	5.25%	09/01/2035		145,018
	227,000	WSP Global, Inc.^(h)	5.04%	09/18/2031		225,505
						3,394,945
Cayman Islands - 0.13%
	65,000	Azorra Finance, Ltd.^(h)	7.75%	04/15/2030		67,475
	90,000	Azorra Finance, Ltd.^(h)	7.25%	01/15/2031		92,548
	200,000	Banco Mercantil del Norte SA/Grand Cayman^(a)(b)(j)	5Y US TI + 4.07%	Perpetual Maturity		205,050
	191,853	Bioceanico Sovereign Certificate, Ltd.^(j)(k)	0.00%	06/05/2034		157,438
	100,000	Cosan Overseas, Ltd.^(a)	8.25%	Perpetual Maturity		99,100
	120,000	Global Aircraft Leasing Co., Ltd.^(h)	8.75%	09/01/2027		122,112
	109,279	Lima Metro Line 2 Finance, Ltd.^(h)	5.88%	07/05/2034		111,745
	218,558	Lima Metro Line 2 Finance, Ltd.^(j)	5.88%	07/05/2034		223,491
	140,000	Rutas 2 & 7 Finance, Ltd.^(j)(k)	0.00%	09/30/2036		107,520
						1,186,479
Chile - 0.29%
	150,000	Agrosuper SA^(j)	4.60%	01/20/2032		142,625
	150,000	Banco Santander Chile^(h)	4.55%	11/20/2030		147,938
	200,000	CAP SA^(j)	3.90%	04/27/2031		169,642

Principal Amount/Description			Rate	Maturity	Value
$	148,053	Chile Electricity PEC SpA^(j)(k)	0.00%	01/25/2028	$	136,727
	900,000	Empresa de Transporte de Pasajeros Metro SA^(h)	5.00%	01/25/2047		818,922
	185,400	GNL Quintero SA^(j)	4.63%	07/31/2029		185,131
	200,000	Inversiones CMPC SA^(b)(h)	5Y US TI + 2.83%	12/09/2057		197,030
	750,000	Transelec SA^(j)	3.88%	01/12/2029		729,052
						2,527,067
Colombia - 0.05%
	200,000	Banco Davivienda SA^(b)(h)	5Y US TI + 4.59%	07/02/2035		207,500
	95,000	Ecopetrol SA	5.88%	11/02/2051		76,216
	149,020	Fideicomiso PA Pacifico Tres^(j)	8.25%	01/15/2035		152,537
						436,253
France - 0.14%
	84,641	Altice France SA^(h)	6.88%	07/15/2032		82,173
	425,000	BPCE SA^(b)(h)	1D US SOFR + 1.27%	01/13/2032		419,042
	250,000	Credit Agricole SA^(b)(h)	1D US SOFR + 1.36%	09/25/2033		245,132
	224,000	Electricite de France SA^(h)	4.88%	09/21/2038		207,244
	252,000	Societe Generale SA^(b)(h)	1D US SOFR + 1.73%	10/03/2036		248,496
						1,202,087
Great Britain - 0.17%
	200,000	Anglo American Capital PLC^(h)	5.25%	03/19/2036		197,993
	200,000	Barclays PLC^(b)	1D US SOFR + 1.51%	06/26/2037		199,800
	245,000	Barclays PLC^(b)	1D US SOFR + 1.83%	08/11/2046		244,772
	200,000	Imperial Brands Finance PLC^(h)	4.88%	02/07/2032		198,791
	279,000	Nationwide Building Society^(b)(h)	1D US SOFR + 1.65%	07/14/2036		281,209
	200,000	NatWest Group PLC^(b)	1Y US TI + 0.80%	06/18/2032		199,933
	200,000	Vedanta Resources Finance II PLC^(h)	7.00%	07/13/2032		199,008
						1,521,506
Guatemala - 0.05%
	200,000	CT Trust^(j)	5.13%	02/03/2032		190,172
	200,000	Industrial Subordinated Trust 20^(b)(j)	5Y US TI + 2.86%	04/15/2036		203,228
						393,400
Hong Kong - 0.01%
	90,000	Seaspan Corp. Pte, Ltd.^(h)	5.50%	08/01/2029		88,369

India - 0.11%
	200,000	Adani Electricity Mumbai, Ltd.^(j)	3.95%	02/12/2030		188,055
	146,000	Adani International Container Terminal Pvt, Ltd.^(j)	3.00%	02/16/2031		135,571
	200,000	Adani Ports & Special Economic Zone, Ltd.^(j)	4.38%	07/03/2029		194,387
	127,000	Adani Transmission Step-One, Ltd.^(j)	4.25%	05/21/2036		115,094
	135,500	JSW Hydro Energy, Ltd.^(j)	4.13%	05/18/2031		125,659
	200,000	JSW Infrastructure, Ltd.^(j)	4.95%	01/21/2029		198,138
						956,904
Indonesia - 0.01%
	120,500	Star Energy Geothermal Wayang Windu, Ltd.^(j)	6.75%	04/24/2033		121,946

Principal Amount/Description			Rate	Maturity	Value
Ireland - 0.16%
$	190,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust	5.10%	01/19/2029	$	191,812
	150,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust^(b)	5Y US TI + 2.72%	03/10/2055		155,325
	220,000	AIB Group PLC^(b)(h)	SOFRINDX + 1.91%	03/28/2035		227,952
	157,000	Avolon Holdings Funding, Ltd.^(h)	5.75%	03/01/2029		160,183
	200,000	Bank of Ireland Group PLC^(b)(h)	SOFRINDX + 1.16%	11/12/2032		199,911
	325,000	CRH SMW Finance DAC	5.13%	01/09/2030		329,425
	120,000	GGAM Finance, Ltd.^(h)	6.88%	04/15/2029		122,917
						1,387,525
Italy - 0.02%
	209,000	Intesa Sanpaolo SpA^(b)(h)	1Y US TI + 2.60%	06/01/2032		197,361

Jamaica - 0.00%^(c)
	33,726	Digicel Group Holdings, Ltd.^(h)(k)	0.00%	12/31/2030		1,696
	97,403	Digicel Group Holdings, Ltd.^(h)(k)	0.00%	12/31/2030		698
						2,394
Japan - 0.06%
	214,000	Mizuho Bank, Ltd.^(h)	5.19%	04/16/2036		212,722
	310,000	Renesas Electronics Corp.^(h)	2.17%	11/25/2026		307,115
						519,837
Luxembourg - 0.14%
	210,909	Acu Petroleo Luxembourg Sarl^(j)	7.50%	01/13/2032		217,227
	90,000	ArcelorMittal SA	6.00%	06/17/2034		94,325
	95,000	ArcelorMittal SA	5.38%	05/19/2036		94,220
	194,174	Chile Electricity Lux Mpc II Sarl^(h)	5.67%	10/20/2035		198,580
	172,000	Chile Electricity Lux MPC Sarl^(j)	6.01%	01/20/2033		177,537
	200,000	CSN Resources SA^(j)	5.88%	04/08/2032		123,501
	50,000	J&F LUXEMBOURG FINANCE SARL^(h)	8.50%	12/01/2032		49,875
	89,000	nVent Finance Sarl	5.65%	05/15/2033		91,588
	200,000	Simpar Europe SA^(j)	5.20%	01/26/2031		167,594
	77,400	Unigel Luxembourg SA^(h)(l)	13.50% (15.00%)	12/31/2027		4,644
	93,163	Unigel Luxembourg SA^(h)(l)	11.00% (12.00%)	12/31/2028		2,795
	108,704	Unigel Luxembourg SA^(j)(l)	13.50% (15.00%)	12/31/2027		6,522
	400,614	Unigel Luxembourg SA^(j)(l)	11.00% (12.00%)	12/31/2028		12,018
						1,240,426
Mexico - 0.11%
	659,912	Alpha Holding SA de CV^(h)(m)	9.00%	02/10/2025		5,939
	188,546	Alpha Holding SA de CV^(j)(m)	9.00%	02/10/2025		1,697
	200,000	Banco Nacional de Mexico SA^(b)(h)	5Y US TI + 2.68%	08/07/2036		197,230
	200,000	Cemex SAB de CV^(a)(b)(j)	5Y US TI + 3.52%	Perpetual Maturity		208,330
	500,000	Credito Real SAB de CV SOFOM ER^(j)(m)	9.50%	02/07/2026		5,625
	200,000	Esentia Energy Development SAB de CV^(h)	6.13%	07/30/2033		199,660
	198,101	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple^(j)	7.25%	01/31/2041		201,321
	600,000	Mexarrend SAPI de CV^(h)(m)	10.25%	07/24/2024		3,600
	200,000	Mexarrend SAPI de CV^(j)(m)	10.25%	07/24/2024		1,200
	700,000	Operadora de Servicios Mega SA de CV Sofom ER^(h)(m)	8.25%	02/11/2025		5,950
	200,000	Orbia Advance Corp. SAB de CV^(j)	5.88%	09/17/2044		158,504
						989,056
Netherlands - 0.18%
	200,000	ENEL Finance International NV^(h)	4.13%	09/30/2028		197,650

Principal Amount/Description			Rate	Maturity	Value
$	200,000	ENEL Finance International NV^(h)	5.13%	06/26/2029	$	202,444
	239,000	ING Groep NV^(b)	SOFRINDX + 1.61%	03/23/2037		239,681
	58,000	JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings^(h)	5.63%	03/10/2037		57,794
	189,000	JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings	6.25%	03/01/2056		185,370
	200,000	Minejesa Capital BV^(j)	5.63%	08/10/2037		191,140
	142,000	NXP BV / NXP Funding LLC / NXP USA, Inc.	4.85%	08/19/2032		140,153
	189,000	Suzano Netherlands BV	5.50%	01/15/2036		183,867
	523,338	Unigel Netherlands Holding Corp. BV^(j)(l)	15.00% (15.00%)	12/31/2044		10,467
	197,340	Yinson Bergenia Production BV^(h)	8.50%	01/31/2045		210,957
						1,619,523
Panama - 0.02%
	200,000	Generadora de Gatun SA^(h)	6.87%	09/30/2044		206,708

Peru - 0.09%
	230,000	Banco de Credito del Peru S.A.^(b)(j)	5Y US TI + 2.45%	09/30/2031		228,805
	150,000	Banco Internacional del Peru SAA Interbank^(b)(h)	5Y US TI + 2.07%	04/30/2035		154,552
	200,000	InRetail Consumer^(j)	3.25%	03/22/2028		192,865
	133,360	Peru LNG Srl^(j)	5.38%	03/22/2030		129,792
	75,000	Volcan Cia Minera SAA^(h)	8.50%	10/28/2032		77,734
						783,748
Singapore - 0.02%
	200,000	United Overseas Bank, Ltd.^(b)(j)	5Y US TI + 1.45%	10/07/2032		197,913

South Korea - 0.06%
	496,000	SK hynix, Inc.^(h)	4.25%	09/11/2028		492,345

Spain - 0.05%
	250,000	AI Candelaria -spain- SA^(j)	5.75%	06/15/2033		231,674
	200,000	Banco Santander SA	5.44%	04/15/2036		200,166
						431,840
Switzerland - 0.03%
	251,000	UBS Group AG^(b)(h)	1D US SOFR + 1.34%	03/23/2037		244,126

Vietnam - 0.01%
	119,043	Mong Duong Finance Holdings BV^(j)	5.13%	05/07/2029		117,608

TOTAL FOREIGN CORPORATE BONDS
(Cost $24,208,958)						21,044,652

U.S. CORPORATE BONDS - 12.14%
Advertising - 0.01%
	80,000	Lamar Media Corp.^(h)	5.38%	11/01/2033		78,465
	35,000	Neptune Bidco US, Inc.^(h)	10.38%	05/15/2031		36,303
						114,768
Aerospace/Defense - 0.11%
	70,000	Goat Holdco LLC^(h)	6.75%	02/01/2032		71,795
	155,000	Honeywell Aerospace, Inc.^(h)	4.95%	03/16/2036		152,691
	175,000	Lockheed Martin Corp.	5.00%	08/15/2035		175,833
	119,000	Northrop Grumman Corp.	4.03%	10/15/2047		94,848

Principal Amount/Description			Rate	Maturity	Value
$	179,000	Northrop Grumman Corp.	5.20%	06/01/2054	$	167,151
	74,000	Spirit AeroSystems, Inc.	4.60%	06/15/2028		73,806
	170,000	Textron, Inc.	5.50%	05/15/2035		173,054
	55,000	TransDigm, Inc.^(h)	6.38%	05/31/2033		55,560
	10,000	TransDigm, Inc.^(h)	6.25%	01/31/2034		10,212
						974,950
Agriculture - 0.09%
	172,000	BAT Capital Corp.	5.63%	08/15/2035		177,322
	156,000	BAT Capital Corp.	4.54%	08/15/2047		128,707
	185,000	Bunge, Ltd. Finance Corp.	4.65%	09/17/2034		178,669
	155,000	Philip Morris International, Inc.	5.25%	02/13/2034		157,589
	152,000	Philip Morris International, Inc.	4.88%	04/29/2036		148,862
						791,149
Airlines - 0.01%
	24,000	Allegiant Travel Co.^(h)	7.13%	07/01/2031		24,323
	20,000	JetBlue Airways Corp. / JetBlue Loyalty LP^(h)	9.88%	09/20/2031		18,141
	80,000	United Airlines Holdings, Inc.	5.38%	03/01/2031		79,526
						121,990
Apparel - 0.01%
	50,000	Beach Acquisition Bidco LLC^(h)(l)	10.00% (10.75%)	07/15/2033		56,799

Auto Manufacturers - 0.13%
	283,000	Daimler Truck Finance North America LLC^(h)	4.50%	04/12/2031		277,910
	200,000	FORD MOTOR CRED F 6.05 03/05/31	6.05%	03/05/2031		203,078
	185,000	General Motors Financial Co., Inc.	4.60%	01/08/2031		182,520
	111,000	General Motors Financial Co., Inc.	5.10%	09/15/2031		111,239
	339,000	Hyundai Capital America^(h)	5.30%	01/08/2029		343,014
	60,000	Nissan Motor Acceptance Co. LLC^(h)	6.13%	09/30/2030		59,033
						1,176,794
Auto Parts & Equipment - 0.04%
	50,000	American Axle & Manufacturing, Inc.^(h)	6.38%	10/15/2032		49,854
	35,000	American Axle & Manufacturing, Inc.^(h)	7.75%	10/15/2033		34,599
	120,000	Clarios Global LP / Clarios US Finance Co.^(h)	6.75%	02/15/2030		123,719
	106,050	Dexko Global, Inc.^(h)	7.50%	04/15/2032		87,597
	50,000	Qnity Electronics, Inc.^(h)	6.25%	08/15/2033		50,934
						346,703
Banks - 0.52%
	144,000	Bank of America Corp.^(b)	1D US SOFR + 1.21%	10/20/2032		128,204
	138,000	Bank of America Corp.^(b)	1D US SOFR + 1.65%	01/23/2035		140,753
	151,000	Bank of America Corp.^(b)	1D US SOFR + 1.70%	02/12/2036		154,122
	68,000	Bank of America Corp.^(b)	1D US SOFR + 1.57%	04/23/2037		67,756
	97,000	Bank of America Corp.^(a)(b)	5Y US TI + 2.68%	Perpetual Maturity		100,052
	154,000	Bank of New York Mellon Corp.^(b)	1D US SOFR + 1.23%	07/22/2032		155,866
	151,000	Bank of New York Mellon Corp.^(b)	5Y US TI + 2.03%	Perpetual Maturity		150,791

Principal Amount/Description			Rate	Maturity	Value
$	200,000	BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico^(b)(j)	5Y US TI + 4.21%	01/08/2039	$	213,427
	72,000	Citigroup, Inc.^(b)	1D US SOFR + 1.28%	02/24/2028		71,328
	150,000	Citigroup, Inc.^(b)	1D US SOFR + 1.46%	05/07/2031		150,528
	106,000	Citigroup, Inc.^(b)	1D US SOFR + 1.17%	09/11/2031		104,644
	86,000	Citigroup, Inc.^(b)	1D US SOFR + 2.66%	05/25/2034		89,772
	97,000	Citigroup, Inc.^(a)(b)	5Y US TI + 2.89%	Perpetual Maturity		99,393
	171,000	Goldman Sachs Group, Inc.^(b)	1D US SOFR + 1.06%	10/21/2031		167,280
	26,000	Goldman Sachs Group, Inc.^(b)	1D US SOFR + 0.96%	01/21/2032		25,515
	156,000	Goldman Sachs Group, Inc.^(b)	1D US SOFR + 1.55%	07/23/2035		156,584
	78,000	Goldman Sachs Group, Inc.^(a)(b)	5Y US TI + 2.46%	Perpetual Maturity		80,235
	110,000	Huntington Bancshares, Inc.^(b)	5Y US TI + 1.17%	08/15/2036		94,938
	150,000	JPMorgan Chase & Co.^(b)	1D US SOFR + 1.01%	01/24/2031		151,711
	98,000	JPMorgan Chase & Co.^(b)	1D US SOFR + 0.93%	10/22/2031		95,830
	198,000	JPMorgan Chase & Co.^(b)	1D US SOFR + 0.99%	04/23/2032		195,759
	333,000	JPMorgan Chase & Co.^(b)	1D US SOFR + 1.46%	07/22/2035		336,593
	113,000	JPMorgan Chase & Co.^(b)	1D US SOFR + 1.64%	07/23/2036		114,764
	92,000	Morgan Stanley^(b)	1D US SOFR + 0.80%	01/09/2030		90,810
	91,000	Morgan Stanley^(b)	1D US SOFR + 1.07%	10/22/2031		88,994
	106,000	Morgan Stanley^(b)	1D US SOFR + 1.18%	01/30/2037		103,699
	88,000	Morgan Stanley^(b)	5Y US TI + 2.43%	01/19/2038		90,577
	168,000	Morgan Stanley^(b)	5Y US TI + 1.80%	02/07/2039		173,310
	59,000	PNC Financial Services Group, Inc.^(b)	1D US SOFR + 1.42%	07/21/2036		59,573
	77,000	PNC Financial Services Group, Inc.^(b)	5Y US TI + 1.17%	01/25/2041		75,693
	31,000	Santander Holdings USA, Inc.^(b)	1D US SOFR + 1.10%	06/05/2030		30,998
	75,000	Truist Financial Corp.^(b)	1D US SOFR + 2.45%	10/30/2029		79,004
	169,000	Truist Financial Corp.^(b)	1D US SOFR + 1.57%	08/05/2032		170,300
	375,000	Wells Fargo & Co.^(b)	1D US SOFR + 0.97%	05/20/2032		373,813
	185,000	Wells Fargo & Co.^(b)	1D US SOFR + 1.38%	12/03/2035		184,744
						4,567,360
Biotechnology - 0.06%
	248,000	Amgen, Inc.	5.75%	03/02/2063		240,665
	147,000	Illumina, Inc.	4.75%	12/12/2030		146,144
	109,000	Royalty Pharma PLC	5.95%	09/25/2055		108,719
						495,528

Principal Amount/Description			Rate	Maturity	Value
Building Materials - 0.05%
$	55,000	Builders FirstSource, Inc.^(h)	6.38%	03/01/2034	$	55,669
	65,000	Builders FirstSource, Inc.^(h)	6.75%	05/15/2035		66,353
	130,000	Griffon Corp.	5.75%	03/01/2028		130,095
	60,000	Quikrete Holdings, Inc.^(h)	6.75%	03/01/2033		61,193
	60,000	Standard Building Solutions, Inc.^(h)	6.50%	08/15/2032		60,402
	40,000	Standard Building Solutions, Inc.^(h)	5.88%	03/15/2034		38,584
						412,296
Chemicals - 0.02%
	25,000	Celanese US Holdings LLC	6.50%	04/15/2030		25,495
	25,000	Celanese US Holdings LLC	6.75%	04/15/2033		25,481
	25,000	Olin Corp.^(h)	6.63%	04/01/2033		24,717
	15,000	Solstice Advanced Materials, Inc.^(h)	5.63%	09/30/2033		14,915
	75,000	WR Grace Holdings LLC^(h)	5.63%	08/15/2029		70,552
						161,160
Commercial Services - 0.19%
	60,000	Allied Universal Holdco LLC^(h)	7.88%	02/15/2031		62,755
	216,000	Ashtead Capital, Inc.^(h)	5.55%	05/30/2033		218,309
	139,000	Block Financial LLC	5.38%	09/15/2032		136,265
	85,000	Dcli Bidco LLC^(h)	7.75%	11/15/2029		87,964
	186,000	ERAC USA Finance LLC^(h)	5.25%	04/30/2036		185,652
	90,000	Graham Holdings Co.^(h)	5.63%	12/01/2033		89,467
	65,000	Herc Holdings, Inc.^(h)	7.00%	06/15/2030		67,356
	20,000	Herc Holdings, Inc.^(h)	5.75%	03/15/2031		19,990
	20,000	Herc Holdings, Inc.^(h)	6.00%	03/15/2034		19,888
	200,000	Rentokil Terminix Funding LLC^(h)	5.00%	04/28/2030		200,672
	186,000	Rollins, Inc.	5.25%	02/24/2035		185,830
	30,000	Synergy Infrastructure Holdings LLC^(h)	7.00%	07/15/2034		30,447
	40,000	United Rentals North America, Inc.^(h)	5.38%	11/15/2033		39,428
	170,000	Verisk Analytics, Inc.	5.25%	06/05/2034		169,990
	50,000	VT Topco, Inc.^(h)	8.50%	08/15/2030		50,771
	80,000	Wand NewCo 3, Inc.^(h)	7.63%	01/30/2032		82,788
						1,647,572
Computers - 0.05%
	153,000	Dell International LLC / EMC Corp.	5.00%	02/15/2034		151,069
	81,000	Dell, Inc.	6.50%	04/15/2038		87,081
	326,000	Kyndryl Holdings, Inc.	4.10%	10/15/2041		231,017
						469,167
Cosmetics/Personal Care - 0.00%^(c)
	5,000	Prestige Brands, Inc.^(h)	6.25%	07/15/2034		5,000

Distribution/Wholesale - 0.02%
	30,000	ADI Escrow Issuer LLC^(h)	7.13%	07/15/2034		30,624
	20,000	Dealer Tire Financial LLC^(h)	10.38%	10/01/2031		19,940
	90,000	Dealer Tire LLC / DT Issuer LLC^(h)	8.00%	02/01/2028		90,246
	25,000	Veritiv Operating Co.^(h)	10.50%	11/30/2030		25,600
						166,410
Diversified Financial Services - 0.14%
	215,000	Aircastle, Ltd. / Aircastle Ireland DAC^(h)	5.00%	05/15/2031		213,107
	227,000	American Express Co.^(b)	5Y US TI + 1.15%	02/08/2041		226,747
	129,000	Aviation Capital Group LLC^(h)	5.38%	07/15/2029		130,551
	94,000	Charles Schwab Corp.^(b)	1D US SOFR + 0.78%	05/21/2030		94,197
	94,000	Charles Schwab Corp.^(b)	1D US SOFR + 1.23%	11/14/2036		91,755
	30,000	Freedom Mortgage Holdings LLC^(h)	8.38%	04/01/2032		30,538

Principal Amount/Description			Rate	Maturity	Value
$	107,000	Gabx Leasing LLC^(h)	4.63%	04/15/2031	$	105,549
	60,000	OneMain Finance Corp.	7.50%	05/15/2031		62,024
	85,000	OneMain Finance Corp.	6.50%	03/15/2033		83,709
	70,000	PennyMac Financial Services, Inc.^(h)	7.88%	12/15/2029		72,842
	45,000	PennyMac Financial Services, Inc.^(h)	6.88%	05/15/2032		44,077
	60,000	Rocket Cos., Inc.^(h)	6.38%	08/01/2033		61,093
						1,216,189
Electric - 0.59%
	102,000	AEP Texas, Inc.	5.45%	05/15/2029		104,015
	67,000	AEP Texas, Inc.	5.20%	04/15/2036		66,115
	91,000	Alliant Energy Corp.^(b)	5Y US TI + 2.08%	04/01/2056		90,021
	360,000	Arizona Public Service Co.	5.90%	08/15/2055		361,529
	163,000	Black Hills Corp.	6.00%	01/15/2035		169,807
	44,000	Chpe LLC^(h)	5.10%	06/30/2033		43,897
	88,000	CMS Energy Corp.^(b)	5Y US TI + 1.96%	06/01/2055		90,158
	170,000	Commonwealth Edison Co.	5.95%	06/01/2055		173,291
	150,000	Constellation Energy Generation LLC	4.40%	01/15/2031		147,508
	157,000	DTE Energy Co.^(b)	5Y US TI + 1.81%	07/01/2058		158,376
	224,000	Duke Energy Corp.	3.95%	08/15/2047		171,176
	60,000	Duke Energy Corp.	5.00%	08/15/2052		52,250
	127,000	Duke Energy Corp.	5.80%	06/15/2054		123,873
	178,000	Evergy Kansas Central, Inc.	5.70%	03/15/2053		177,871
	1,000,000	Exelon Corp.	4.05%	04/15/2030		976,397
	73,000	Kentucky Utilities Co.	5.85%	08/15/2055		73,355
	153,000	Liberty Utilities Co.^(h)	5.10%	05/15/2031		152,675
	750,000	NextEra Energy Capital Holdings, Inc.	2.44%	01/15/2032		661,692
	88,000	NextEra Energy Capital Holdings, Inc.^(b)	5Y US TI + 2.46%	06/15/2054		91,686
	95,000	NextEra Energy Capital Holdings, Inc.	5.90%	03/15/2055		94,115
	75,000	NRG Energy, Inc.^(h)	6.00%	02/01/2033		75,429
	20,000	NRG Energy, Inc.^(h)	6.13%	05/15/2036		20,018
	59,000	PSEG Power LLC^(h)	5.20%	05/15/2030		59,685
	120,000	Southern Co.^(b)	5Y US TI + 2.07%	03/15/2055		123,556
	50,000	Talen Energy Supply LLC^(h)	6.25%	02/01/2034		49,717
	332,000	Trans-Allegheny Interstate Line Co.^(h)	5.00%	01/15/2031		335,140
	63,000	Virginia Electric and Power Co.	5.55%	08/15/2054		60,909
	90,000	Virginia Electric and Power Co.	5.60%	09/15/2055		87,414
	189,000	Vistra Operations Co. LLC^(h)	4.38%	05/01/2029		185,765
	93,000	Vistra Operations Co. LLC^(h)	5.55%	04/30/2036		92,578
	127,000	WEC Energy Group, Inc.^(b)	5Y US TI + 1.91%	05/15/2056		126,302
						5,196,320
Electrical Components & Equipment - 0.06%
	200,000	Eaton Corp.	4.80%	03/06/2036		196,300
	65,000	Energizer Holdings, Inc.^(h)	6.00%	09/15/2033		62,621
	190,000	Molex Electronic Technologies LLC^(h)	5.25%	04/30/2032		193,366
	20,000	WESCO Distribution, Inc.^(h)	6.38%	03/15/2033		20,535
	30,000	WESCO Distribution, Inc.^(h)	5.50%	04/15/2034		29,752
						502,574
Electronics - 0.07%
	129,000	Amphenol Corp.	5.30%	11/15/2055		122,505
	189,000	Arrow Electronics, Inc.	5.88%	04/10/2034		194,594
	91,000	Flex, Ltd.	5.38%	11/13/2035		89,764
	106,000	Hubbell, Inc.	4.90%	06/15/2033		105,236

Principal Amount/Description			Rate	Maturity	Value
$	76,000	Jabil, Inc.	4.75%	02/01/2033	$	74,219
						586,318
Engineering & Construction - 0.05%
	306,000	Jacobs Solutions, Inc.	5.38%	03/03/2036		301,077
	173,000	MasTec, Inc.	5.90%	06/15/2029		178,057
						479,134
Entertainment - 0.04%
	90,000	Light & Wonder International, Inc.^(h)	6.25%	10/01/2033		89,551
	25,000	Penn Entertainment, Inc.^(h)	6.75%	04/01/2031		25,146
	30,000	Rivers Enterprise Borrower LLC^(h)	6.25%	10/15/2030		30,392
	120,000	Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp.^(h)	6.63%	02/01/2033		121,866
	57,000	Voyager Parent LLC^(h)	9.25%	07/01/2032		60,313
						327,268
Environmental Control - 0.04%
	80,000	GFL Environmental Holdings US, Inc.^(h)	5.50%	02/01/2034		78,347
	61,000	Veralto Corp.	5.35%	09/18/2028		61,860
	151,000	Veralto Corp.	4.85%	01/15/2032		150,799
	88,000	Veralto Corp.	5.45%	09/18/2033		90,284
						381,290
Food - 0.04%
	192,000	Mars, Inc.^(h)	5.70%	05/01/2055		189,286
	50,000	Performance Food Group, Inc.^(h)	5.63%	03/01/2034		49,109
	85,000	Post Holdings, Inc.^(h)	6.38%	03/01/2033		84,388
	10,000	Post Holdings, Inc.^(h)	6.25%	10/15/2034		9,831
	60,000	US Foods, Inc.^(h)	5.75%	04/15/2033		60,114
						392,728
Gas - 0.07%
	106,000	National Fuel Gas Co.	5.05%	10/15/2031		105,558
	73,000	National Fuel Gas Co.	5.95%	03/15/2035		75,282
	173,000	NiSource, Inc.	5.35%	04/01/2034		176,384
	86,000	NiSource, Inc.^(b)	5Y US TI + 2.45%	11/30/2054		89,019
	150,000	NiSource, Inc.	5.85%	04/01/2055		148,847
						595,090
Hand/Machine Tools - 0.01%
	74,000	Kennametal, Inc.	5.80%	05/28/2036		74,801

Healthcare-Products - 0.13%
	200,000	180 Medical, Inc.^(h)	5.30%	10/08/2035		196,541
	76,000	Augusta SpinCo Corp.	5.25%	03/23/2036		76,089
	175,000	GE HealthCare Technologies, Inc.	4.80%	01/15/2031		175,250
	184,000	Medline Borrower LP^(h)	5.25%	10/01/2029		182,969
	93,000	Medline Borrower LP/Medline Co.-Issuer, Inc.^(h)	5.25%	06/15/2033		92,504
	182,000	Solventum Corp.	5.60%	03/23/2034		186,338
	78,000	VSP Optical Group, Inc.^(h)	5.40%	06/01/2033		78,234
	186,000	VSP Optical Group, Inc.^(h)	5.45%	12/01/2035		184,979
						1,172,904
Healthcare-Services - 0.05%
	70,000	CHS/Community Health Systems, Inc.^(h)	6.00%	01/15/2029		69,347
	60,000	LifePoint Health, Inc.^(h)	10.00%	06/01/2032		59,974
	20,000	LifePoint Health, Inc.^(h)	7.00%	05/01/2034		19,184
	172,000	Quest Diagnostics, Inc.	5.00%	12/15/2034		170,897
	60,000	Radiology Partners, Inc.^(h)	8.50%	07/15/2032		62,691

Principal Amount/Description			Rate	Maturity	Value
$	25,000	Select Medical Corp.^(h)	6.25%	12/01/2032	$	24,302
	10,000	Tenet Healthcare Corp.^(h)	5.50%	11/15/2032		9,948
	10,000	Tenet Healthcare Corp.^(h)	6.00%	11/15/2033		10,095
						426,438
Home Furnishings - 0.01%
	25,000	Whirlpool Corp.^(h)	7.50%	07/01/2031		25,361
	35,000	Whirlpool Corp.	6.50%	06/15/2033		30,383
						55,744
Housewares - 0.00%^(c)
	30,000	Newell Brands, Inc.	6.38%	05/15/2030		30,428

Insurance - 0.14%
	100,000	Acrisure LLC / Acrisure Finance, Inc.^(h)	6.75%	07/01/2032		89,970
	75,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer^(h)	6.50%	10/01/2031		74,888
	103,000	Arthur J Gallagher & Co.	4.85%	12/15/2029		103,791
	15,000	Asurion LLC/ Asurion Co.-Issuer, Inc.^(h)	8.00%	12/31/2032		15,126
	15,000	Asurion LLC/ Asurion Co.-Issuer, Inc.^(h)	8.38%	02/01/2034		13,896
	74,000	Brown & Brown, Inc.	6.25%	06/23/2055		74,697
	85,000	CRC Insurance Group LLC^(h)	7.13%	06/01/2031		84,779
	191,000	Guardian Life Global Funding^(h)	4.33%	10/06/2030		188,067
	155,000	Liberty Mutual Group, Inc.^(h)	5.25%	05/01/2036		153,268
	91,000	Marsh & McLennan Cos., Inc.	4.95%	03/15/2036		89,511
	79,000	New York Life Insurance Co.^(h)	6.75%	11/15/2039		87,771
	182,000	Progressive Corp.	5.15%	03/26/2036		182,012
	101,000	Travelers Cos., Inc.	4.60%	08/01/2043		90,631
						1,248,407
Internet - 0.11%
	180,000	Airbnb, Inc.	5.25%	03/16/2036		179,322
	178,000	Expedia Group, Inc.	3.80%	02/15/2028		175,789
	55,000	Getty Images, Inc.^(h)	10.50%	11/15/2030		45,903
	175,000	Uber Technologies, Inc.	4.80%	09/15/2034		171,788
	62,000	VeriSign, Inc.	5.10%	07/15/2031		62,199
	219,000	VeriSign, Inc.	5.25%	06/01/2032		220,315
	45,000	Wayfair LLC^(h)	7.25%	10/31/2029		46,474
	40,000	Wayfair LLC^(h)	6.75%	11/15/2032		41,109
						942,899
Investment Companies - 6.97%
	6,000,000	Barings Private Credit Corp.	6.15%	06/11/2030		5,862,470
	10,000,000	BlackRock TCP Capital Corp.	6.95%	05/30/2029		9,926,864
	4,889,000	Blue Owl Capital Corp.	3.13%	04/13/2027		4,809,917
	2,000,000	Blue Owl Credit Income Corp.	4.70%	02/08/2027		1,990,486
	2,000,000	Blue Owl Credit Income Corp.	7.95%	06/13/2028		2,069,023
	9,434,000	Blue Owl Technology Finance Corp.	6.10%	03/15/2028		9,408,722
	4,800,000	Blue Owl Technology Finance Corp.	6.75%	04/04/2029		4,824,149
	3,000,000	Carlyle Secured Lending, Inc.	6.75%	02/18/2030		3,021,534
	5,500,000	Franklin BSP Capital Corp.	7.20%	06/15/2029		5,632,160
	1,000,000	FS KKR Capital Corp.	3.25%	07/15/2027		974,197
	8,312,000	New Mountain Finance Corp.	6.88%	02/01/2029		8,348,434
	650,000	Oaktree Specialty Lending Corp.	7.10%	02/15/2029		663,161
	1,000,000	Oaktree Strategic Credit Fund	8.40%	11/14/2028		1,048,801
	3,100,000	PennantPark Investment Corp.	4.00%	11/01/2026		3,077,836
						61,657,754

Principal Amount/Description			Rate	Maturity	Value
Leisure Time - 0.10%
$	80,000	Acushnet Co.^(h)	5.63%	12/01/2033	$	79,777
	61,000	Carnival Corp., Ltd.^(h)	5.13%	05/01/2029		60,935
	60,000	Carnival Corp., Ltd.^(h)	6.13%	02/15/2033		60,756
	135,000	Life Time, Inc.^(h)	6.00%	11/15/2031		137,162
	60,000	Lindblad Expeditions LLC^(h)	7.00%	09/15/2030		62,072
	30,000	NCL Corp., Ltd.^(h)	5.88%	01/15/2031		29,138
	25,000	NCL Corp., Ltd.^(h)	6.25%	09/15/2033		24,294
	89,000	Royal Caribbean Cruises, Ltd.^(h)	5.38%	07/15/2027		89,201
	77,000	Royal Caribbean Cruises, Ltd.	5.38%	01/15/2036		76,472
	15,000	Sabre Financial Borrower LLC^(h)	11.13%	06/15/2029		15,844
	29,000	Sabre GLBL, Inc.^(h)	10.75%	11/15/2029		27,885
	40,000	Sabre GLBL, Inc.^(h)	10.75%	03/15/2030		38,189
	175,000	Viking Cruises, Ltd.^(h)	5.88%	10/15/2033		175,360
						877,085
Lodging - 0.06%
	55,000	Full House Resorts, Inc.^(h)	8.25%	02/15/2028		53,900
	50,000	Hilton Domestic Operating Co., Inc.^(h)	5.75%	09/15/2033		50,212
	105,000	Las Vegas Sands Corp.	5.65%	05/18/2033		105,038
	178,000	Marriott International, Inc.	4.50%	10/15/2031		175,716
	172,000	Marriott International, Inc.	5.30%	05/15/2034		173,762
						558,628
Machinery-Constr&Mining - 0.06%
	59,000	GE Vernova, Inc.	5.50%	02/04/2056		57,273
	376,000	Vertiv Group Corp.^(h)	4.13%	11/15/2028		372,521
	67,000	Vertiv Holdings Co.	5.80%	03/15/2056		65,989
						495,783
Machinery-Diversified - 0.05%
	95,000	CNH Industrial Capital LLC	4.38%	03/07/2031		93,004
	60,000	Columbus McKinnon Corp.^(h)	7.13%	02/01/2033		60,176
	169,000	Westinghouse Air Brake Technologies Corp.	4.90%	05/29/2030		170,117
	105,000	Xylem, Inc.	5.20%	06/01/2033		106,458
						429,755
Media - 0.11%
	20,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(h)	5.13%	05/01/2027		19,970
	90,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(h)	4.75%	03/01/2030		85,380
	75,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(h)	4.75%	02/01/2032		66,948
	15,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(h)	7.38%	02/01/2036		14,728
	55,000	Directv Financing LLC^(h)	8.88%	02/01/2030		56,045
	9,000	Directv Financing LLC / Directv Financing Co.-Obligor, Inc.^(h)	5.88%	08/15/2027		8,992
	55,000	Directv Financing LLC / Directv Financing Co.-Obligor, Inc.^(h)	9.25%	06/01/2032		55,923
	50,000	Discovery Global Holdings, Inc.	4.05%	03/15/2029		49,533
	20,000	Discovery Global Holdings, Inc.	4.28%	03/15/2032		17,959
	35,000	Discovery Global Holdings, Inc.	5.05%	03/15/2042		25,684
	80,000	DISH DBS Corp.^(h)(m)	5.75%	12/01/2028		77,564
	60,000	DISH DBS Corp.^(m)	5.12%	06/01/2029		54,046
	55,000	Gray Media, Inc.^(h)	9.63%	07/15/2032		53,132
	35,000	Gray Media, Inc.^(h)	7.25%	08/15/2033		34,494
	30,000	McGraw-Hill Education, Inc.^(h)	7.38%	09/01/2031		30,512
	45,000	Nexstar Media, Inc.^(h)	6.50%	09/15/2033		45,027
	15,000	Nexstar Media, Inc.^(h)	7.25%	04/15/2034		14,977

Principal Amount/Description			Rate	Maturity	Value
$	198,000	Space Exploration Technologies Corp.^(h)	5.88%	07/15/2036	$	195,492
	85,000	Univision Communications, Inc.^(h)	7.38%	06/30/2030		85,300
						991,706
Metal Fabricate/Hardware - 0.00%^(c)
	25,000	Advanced Drainage Systems, Inc.^(h)	5.38%	03/01/2034		24,488

Mining - 0.03%
	186,000	Glencore Funding LLC^(h)	5.20%	07/01/2033		186,185
	50,000	Novelis Corp.^(h)	6.88%	01/30/2030		51,294
	35,000	Southern Copper Corp.	5.25%	11/08/2042		33,014
						270,493
Oil & Gas - 0.11%
	50,000	Caturus Energy LLC^(h)	7.13%	05/15/2031		49,532
	45,000	Chord Energy Corp.^(h)	6.00%	10/01/2030		45,214
	75,000	Chord Energy Corp.^(h)	6.75%	03/15/2033		76,150
	60,000	CNX Resources Corp.^(h)	5.88%	03/01/2034		58,422
	20,000	Crescent Energy Finance LLC^(h)	7.88%	04/15/2032		20,263
	89,000	Expand Energy Corp.	4.75%	02/01/2032		86,770
	125,000	Gulfport Energy Operating Corp.^(h)	6.75%	09/01/2029		127,645
	50,000	Hilcorp Energy I LP / Hilcorp Finance Co.^(h)	7.25%	02/15/2035		49,261
	60,000	Matador Resources Co.^(h)	6.50%	04/15/2032		60,359
	35,000	Matador Resources Co.^(h)	6.00%	04/15/2034		34,143
	50,000	Nabors Industries, Inc.^(h)	9.13%	01/31/2030		52,282
	40,000	Nabors Industries, Inc.^(h)	7.63%	11/15/2032		40,952
	40,000	Par Petroleum LLC^(h)	7.38%	06/01/2034		40,502
	15,000	PBF Holding Co. LLC / PBF Finance Corp.^(h)	7.25%	06/01/2034		14,860
	88,000	Permian Resources Operating LLC^(h)	6.25%	02/01/2033		89,904
	55,000	SM Energy Co.^(h)	7.00%	08/01/2032		55,544
	63,000	Viper Energy Partners LLC	4.90%	08/01/2030		62,825
						964,628
Oil & Gas Services - 0.06%
	120,000	Archrock Partners LP / Archrock Partners Finance Corp.^(h)	6.63%	09/01/2032		122,452
	152,000	Baker Hughes Holdings LLC / Baker Hughes Co.-Obligor, Inc.	5.00%	06/15/2036		148,729
	35,000	Kodiak Gas Services LLC^(h)	6.50%	10/01/2033		35,498
	35,000	Kodiak Gas Services LLC^(h)	6.75%	10/01/2035		35,927
	110,000	WBI Operating LLC^(h)	6.50%	10/15/2033		110,748
	120,000	Weatherford International, Ltd.^(h)	6.75%	10/15/2033		122,502
						575,856
Packaging & Containers - 0.02%
	130,000	Clydesdale Acquisition Holdings, Inc.^(h)	6.75%	04/15/2032		126,275
	52,000	Sonoco Products Co.	4.60%	09/01/2029		51,699
						177,974
Pharmaceuticals - 0.15%
	184,000	AbbVie, Inc.	4.70%	05/14/2045		165,023
	173,000	Cardinal Health, Inc.	4.60%	03/15/2043		151,394
	27,000	Cardinal Health, Inc.	4.50%	11/15/2044		22,951
	89,000	CVS Health Corp.^(b)	5Y US TI + 2.52%	12/10/2054		92,761
	190,000	Eli Lilly & Co.	5.60%	05/20/2056		190,965
	220,000	Merck & Co., Inc.	5.70%	09/15/2055		221,517
	243,000	Takeda US Financing, Inc.	5.90%	07/07/2055		245,515

Principal Amount/Description			Rate	Maturity	Value
$	184,000	Teva Pharmaceutical Finance Co. LLC	6.15%	02/01/2036	$	194,194
	71,000	Zoetis, Inc.	4.70%	02/01/2043		63,538
						1,347,858
Pipelines - 0.54%
	65,000	Antero Midstream Partners LP / Antero Midstream Finance Corp.^(h)	5.75%	07/01/2034		64,226
	60,000	Buckeye Partners LP^(h)	6.88%	07/01/2029		61,285
	109,000	Cheniere Energy Partners LP^(h)	6.05%	11/30/2056		110,180
	175,000	Cheniere Energy, Inc.	4.63%	10/15/2028		174,614
	176,000	Cheniere Energy, Inc.	5.65%	04/15/2034		180,689
	16,000	Cheniere Energy, Inc.^(h)	6.00%	07/30/2056		16,005
	105,000	Colonial Enterprises, Inc.^(h)	5.63%	11/15/2035		105,139
	198,000	Eastern Energy Gas Holdings LLC	5.65%	10/15/2054		189,617
	1,000,000	Energy Transfer LP	3.90%	07/15/2026		999,807
	180,000	Energy Transfer LP^(b)	5Y US TI + 5.31%	Perpetual Maturity		185,819
	174,000	Enterprise Products Operating LLC	5.55%	02/16/2055		168,691
	115,000	Harvest Midstream I LP^(h)	7.50%	05/15/2032		119,177
	30,000	Harvest Midstream I LP^(h)	6.75%	05/15/2034		30,442
	83,000	Kinder Morgan Energy Partners LP	6.95%	01/15/2038		92,871
	1,000,000	MPLX LP	5.40%	09/15/2035		997,718
	94,000	MPLX LP	5.30%	04/01/2036		92,708
	202,000	NGPL PipeCo LLC^(h)	3.25%	07/15/2031		186,023
	78,000	NGPL PipeCo LLC^(h)	5.60%	08/15/2036		77,599
	102,000	ONEOK, Inc.	5.70%	11/01/2054		94,776
	80,000	Rio Grande LNG LLC^(h)	5.25%	06/30/2031		80,007
	32,000	Rio Grande LNG LLC^(h)	6.15%	06/30/2041		32,024
	60,000	Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.^(h)	7.38%	02/15/2029		61,760
	35,000	Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.^(h)	6.75%	03/15/2034		35,415
	60,000	Venture Global LNG, Inc.^(h)	8.38%	06/01/2031		62,478
	25,000	Venture Global LNG, Inc.^(h)	9.88%	02/01/2032		26,699
	20,000	Venture Global LNG, Inc.^(h)	6.38%	12/15/2034		19,667
	15,000	Venture Global LNG, Inc.^(h)	6.63%	06/15/2036		14,794
	30,000	Venture Global Plaquemines LNG LLC^(h)	6.13%	12/15/2030		30,709
	20,000	Venture Global Plaquemines LNG LLC^(h)	7.50%	05/01/2033		21,959
	94,000	Western Midstream Operating LP	5.50%	12/15/2035		93,048
	156,000	Western Midstream Operating LP	5.70%	07/01/2036		156,340
	180,000	Williams Cos., Inc.	5.95%	03/15/2056		178,394
						4,760,680
Real Estate - 0.01%
	55,000	Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp.^(h)	7.00%	04/15/2030		55,624
	50,000	Anywhere Real Estate Group LLC / Realogy Co.-Issuer Corp.^(h)	5.25%	04/15/2030		48,287
	25,000	Anywhere Real Estate Group LLC / Realogy Co.-Issuer Corp.^(h)	9.75%	04/15/2030		26,978
						130,889
REITS - 0.23%
	86,000	American Tower Corp.	5.55%	07/15/2033		88,263
	63,000	American Tower Corp.	3.70%	10/15/2049		46,100
	200,000	Crown Castle, Inc.	5.10%	05/01/2033		198,415

Principal Amount/Description			Rate	Maturity	Value
$	99,000	CTR Partnership LP / CareTrust Capital Corp.^(h)	3.88%	06/30/2028	$	96,534
	91,000	Equinix Europe 2 Financing Corp. LLC	4.60%	11/15/2030		89,971
	241,000	Essential Properties LP	5.40%	12/01/2035		238,684
	88,000	Essential Properties LP	5.38%	07/15/2036		86,863
	173,000	Extra Space Storage LP	5.40%	02/01/2034		174,908
	219,000	First Industrial LP	5.25%	01/15/2031		220,494
	97,000	Omega Healthcare Investors, Inc.	3.38%	02/01/2031		90,088
	104,000	Omega Healthcare Investors, Inc.	3.25%	04/15/2033		92,542
	100,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer^(h)	7.00%	02/01/2030		102,449
	133,000	Phillips Edison Grocery Center Operating Partnership I LP	5.75%	07/15/2034		137,420
	100,000	RHP Hotel Properties LP / RHP Finance Corp.^(h)	6.50%	06/15/2033		102,663
	35,000	RHP Hotel Properties LP / RHP Finance Corp.^(h)	5.75%	03/15/2034		34,696
	102,000	Sabra Health Care LP	3.20%	12/01/2031		92,524
	105,000	Starwood Property Trust, Inc.^(h)	5.25%	10/15/2028		104,582
	35,000	Store Capital LLC	4.95%	02/11/2031		34,566
						2,031,762
Retail - 0.11%
	40,000	Academy, Ltd.^(h)	5.88%	05/15/2031		40,026
	166,000	AutoZone, Inc.	5.13%	06/15/2030		168,212
	35,000	Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.^(h)	6.75%	01/15/2030		34,349
	103,000	Lowe's Cos., Inc.	5.63%	04/15/2053		99,271
	197,000	McDonald's Corp.	4.45%	03/01/2047		166,461
	75,000	Michaels Cos., Inc.^(h)	8.50%	03/15/2033		74,332
	90,000	O'Reilly Automotive, Inc.	5.00%	08/19/2034		89,119
	35,000	QXO Building Products, Inc.^(h)	6.50%	07/15/2031		35,691
	45,000	QXO Building Products, Inc.^(h)	6.75%	04/30/2032		46,493
	35,000	QXO Building Products, Inc.^(h)	6.88%	07/15/2034		35,951
	65,000	Staples, Inc.^(h)	10.75%	09/01/2029		62,059
	165,000	Victra Holdings LLC / Victra Finance Corp.^(h)	8.75%	09/15/2029		170,305
						1,022,269
Semiconductors - 0.04%
	94,000	Intel Corp.	5.30%	05/15/2036		93,573
	151,000	Marvell Technology, Inc.	5.30%	04/15/2036		150,305
	103,000	Qorvo, Inc.^(h)	3.38%	04/01/2031		94,325
						338,203
Software - 0.06%
	85,000	AthenaHealth Group, Inc.^(h)	6.50%	02/15/2030		81,553
	35,000	Cloud Software Group, Inc.^(h)	9.00%	09/30/2029		33,999
	40,000	Cloud Software Group, Inc.^(h)	6.63%	08/15/2033		34,712
	40,000	CoreWeave, Inc.^(h)	9.25%	06/01/2030		40,289
	30,000	Ellucian Holdings, Inc.^(h)	6.50%	12/01/2029		29,075
	35,000	OAK-Eagle Acquireco, Inc.^(h)	7.25%	07/01/2033		36,633
	20,000	OAK-Eagle Acquireco, Inc.^(h)	8.75%	07/01/2034		21,238
	57,000	Roper Technologies, Inc.	4.25%	09/15/2028		56,584
	95,000	UKG, Inc.^(h)	6.88%	02/01/2031		92,352
	96,000	Workday, Inc.	3.80%	04/01/2032		89,425
						515,860
Telecommunications - 0.29%
	500,000	AT&T, Inc.	4.30%	02/15/2030		493,525

Principal Amount/Description			Rate	Maturity	Value
$	501,000	AT&T, Inc.	3.50%	09/15/2053	$	325,479
	196,000	Beacon Point DC LLC^(h)	6.13%	11/30/2042		197,762
	50,000	Cipher Compute LLC^(h)	7.13%	11/15/2030		52,039
	115,000	Level 3 Financing, Inc.^(h)	6.88%	06/30/2033		118,226
	40,000	Meridian Arc Holdco LLC^(h)	6.25%	04/30/2031		40,116
	143,000	Motorola Solutions, Inc.	5.20%	08/15/2032		144,348
	35,000	PR RNO Property Owner 1 LLC^(h)	6.50%	05/01/2031		34,974
	232,000	QTS Fayetteville I Dc1-2 LLC / QTS TRS Fayetteville I DC1-2 LLC^(h)	5.70%	04/15/2036		220,668
	40,000	SE Cosmos LLC^(h)	8.88%	05/01/2031		41,156
	23,000	Stingray Compute LLC^(h)	6.00%	06/15/2031		23,074
	50,000	SV RNO Property Owner 1 LLC^(h)	5.88%	03/01/2031		49,311
	195,000	T-Mobile USA, Inc.	3.40%	10/15/2052		127,928
	124,000	T-Mobile USA, Inc.	5.25%	06/15/2055		109,985
	109,000	T-Mobile USA, Inc.	5.88%	11/15/2055		106,217
	45,000	Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC^(h)	8.63%	06/15/2032		46,983
	40,000	Uniti Services LLC^(h)	7.50%	10/15/2033		42,122
	221,000	Verizon Communications, Inc.	5.75%	11/30/2045		214,940
	154,000	Verizon Communications, Inc.^(b)	5Y US TI + 2.04%	05/14/2056		155,748
	35,000	Windstream Services LLC / Windstream Escrow Finance Corp.^(h)	8.25%	10/01/2031		36,928
						2,581,529
Transportation - 0.24%
	1,203,000	Burlington Northern Santa Fe LLC	5.20%	04/15/2054		1,120,590
	232,000	CSX Corp.	3.80%	11/01/2046		181,122
	105,000	Genesee & Wyoming, Inc.^(h)	6.25%	04/15/2032		106,636
	20,000	PODS LLC^(h)	8.75%	05/15/2031		19,591
	500,000	Union Pacific Corp.	3.70%	03/01/2029		490,991
	60,000	Watco Cos. LLC / Watco Finance Corp.^(h)	7.13%	08/01/2032		61,648
	135,000	XPO, Inc.^(h)	7.13%	06/01/2031		139,704
						2,120,282
Trucking & Leasing - 0.03%
	76,000	GATX Corp.	5.20%	03/15/2044		70,960
	177,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.^(h)	5.25%	02/01/2030		179,192
						250,152
Water - 0.01%
	76,000	Essential Utilities, Inc.	5.13%	03/15/2036		74,949

TOTAL U.S. CORPORATE BONDS
(Cost $107,449,106)						107,334,761

FOREIGN GOVERNMENT BONDS AND NOTES, SUPRANATIONALS AND FOREIGN AGENCIES - 0.19%
Brazil - 0.02%
	200,000	Brazilian Government International Bond	4.75%	01/14/2050		148,400
Colombia - 0.01%
	200,000	Colombia Government International Bond	4.13%	05/15/2051		137,250
Dominican Republic - 0.02%
	150,000	Dominican Republic International Bond^(j)	5.75%	03/17/2034		148,170

Principal Amount/Description			Rate	Maturity	Value
Guatemala - 0.02%
$	200,000	Guatemala Government Bond^(j)	4.65%	10/07/2041	$	175,221
Indonesia - 0.02%
	200,000	Pertamina Persero PT^(j)	5.63%	05/20/2043		187,288
Morocco - 0.02%
	200,000	Morocco Government International Bond^(j)	3.00%	12/15/2032		175,813
Peru - 0.03%
	150,000	Fondo MIVIVIENDA SA^(h)	5.40%	03/31/2031		151,313
	75,000	Peruvian Government International Bond	5.50%	03/30/2036		75,836
Poland - 0.01%
	85,000	Republic of Poland Government International Bond	5.38%	04/14/2036		85,806
Saudi Arabia - 0.02%
	200,000	Saudi Government International Bond^(j)	4.63%	10/04/2047		168,970
South Africa - 0.02%
	200,000	Republic of South Africa Government International Bond^(j)	6.13%	12/11/2037		196,872

TOTAL FOREIGN GOVERNMENT BONDS AND NOTES, SUPRANATIONALS AND FOREIGN AGENCIES
(Cost $1,697,141)						1,650,939

BANK LOANS - 0.00%^(b)
United States - 0.00%^(c)
	30,000	APLD ComputeCo LLC^(h)	9.25%	12/15/2030		32,381

TOTAL BANK LOANS
(Cost $32,180)						32,381

BUSINESS DEVELOPMENT COMPANIES - 1.00%
United States - 1.00%
	8,900,000	Oaktree Specialty Lending Corp.	6.34%	02/27/2030		8,846,226

TOTAL BUSINESS DEVELOPMENT COMPANIES
(Cost $8,746,769)						8,846,226

COLLATERALIZED LOAN OBLIGATIONS - 4.20%
Cayman Islands - 3.59%
		Bain Capital Credit CLO 2023-3, Ltd.
	500,000	Series 2025-3A^(b)(h)	3M CME TERM SOFR + 2.85%	10/24/2038	$	495,426
		Benefit Street Partners CLO IX, Ltd.
	1,000,000	Series 2024-9A^(b)(h)	3M CME TERM SOFR + 3.10%	10/20/2037		1,008,921
		Benefit Street Partners CLO XXXVII, Ltd.
	1,000,000	Series 2024-37A^(b)(h)	3M CME TERM SOFR + 2.85%	01/25/2038		1,006,068
		BlueMountain Fuji US CLO II, Ltd.
	1,000,000	Series 2017-2A^(b)(h)	3M CME TERM SOFR + 3.26%	10/20/2030		1,002,833

Principal Amount/Description

Rate

Maturity

Value

Canyon Capital CLO, Ltd.

1,500,000

Series 2018-1A^(b)(h)

3M CME TERM SOFR + 5.76%

01/30/2031

1,105,150

1,000,000

Series 2018-1A^(b)(h)

3M CME TERM SOFR + 6.01%

07/15/2031

905,512

Canyon CLO 2020-1, Ltd.

500,000

Series 2024-1A^(b)(h)

3M CME TERM SOFR + 3.10%

07/15/2034

486,578

Canyon CLO 2021-3, Ltd.

1,000,000

Series 2025-3A^(b)(h)

3M CME TERM SOFR + 2.85%

07/15/2034

966,613

Canyon CLO 2021-4, Ltd.

1,000,000

Series 2025-4A^(b)(h)

3M CME TERM SOFR + 6.00%

10/15/2034

919,813

Carlyle Global Market Strategies CLO, Ltd.

1,000,000

Series 2018-2RA^(b)(h)

3M CME TERM SOFR + 5.61%

05/15/2031

999,921

Carlyle US CLO 2022-5, Ltd.

500,000

Series 2024-5A^(b)(h)

3M CME TERM SOFR + 3.15%

10/15/2037

501,797

Carlyle US CLO 2025-5, Ltd.

500,000

Series 2025-5A^(b)(h)

3M CME TERM SOFR + 2.60%

01/15/2039

503,301

Carlyle US CLO 2026-1, Ltd.

500,000

Series 2026-1A^(b)(h)

3M CME TERM SOFR + 2.60%

04/25/2039

502,736

Crown Point CLO IV, Ltd.

500,000

Series 2018-4A^(b)(h)

3M CME TERM SOFR + 2.16%

04/20/2031

501,705

Empower CLO 2022-1, Ltd.

500,000

Series 2024-1A^(b)(h)

3M CME TERM SOFR + 3.00%

10/20/2037

501,479

Kennedy Lewis CLO 12, Ltd.

500,000

Series 2025-12A^(b)(h)

3M CME TERM SOFR + 1.33%

07/20/2038

501,175

Lakeside Park CLO, Ltd.

1,000,000

Series 2025-1A^(b)(h)

3M CME TERM SOFR + 4.60%

04/15/2038

984,908

Lewey Park CLO, Ltd.

500,000

Series 2024-1A^(b)(h)

3M CME TERM SOFR + 2.95%

10/21/2037

499,976

Neuberger Berman Loan Advisers Clo 44, Ltd.

500,000

Series 2025-44A^(b)(h)

3M CME TERM SOFR + 2.65%

10/16/2035

496,112

1,000,000

Series 2025-44A^(b)(h)

3M CME TERM SOFR + 5.15%

10/16/2035

978,189

Neuberger Berman Loan Advisers CLO 46, Ltd.

500,000

Series 2025-46A^(b)(h)

3M CME TERM SOFR + 2.65%

01/20/2037

496,011

Sound Point CLO XVIII, Ltd.

2,000,000

Series 2018-4A^(b)(h)

3M CME TERM SOFR + 2.76%

01/21/2031

1,996,937

Sound Point CLO XXIII

500,000

Series 2021-2A^(b)(h)

3M CME TERM SOFR + 3.56%

07/15/2034

482,663

Sound Point CLO XXIV

1,375,000

Series 2021-3A^(b)(h)

3M CME TERM SOFR + 6.98%

10/25/2034

643,568

Principal Amount/Description

Rate

Maturity

Value

500,000

Series 2021-3A^(b)(h)

3M CME TERM SOFR + 3.76%

10/25/2034

479,471

Sound Point CLO XXVI, Ltd.

500,000

Series 2021-1A^(b)(h)

3M CME TERM SOFR + 3.61%

07/20/2034

483,160

Sound Point CLO XXVIII, Ltd.

1,000,000

Series 2020-3A^(b)(h)

3M CME TERM SOFR + 7.16%

01/25/2032

829,150

Sound Point CLO XXXII, Ltd.

500,000

Series 2021-4A^(b)(h)

3M CME TERM SOFR + 3.66%

10/25/2034

480,221

500,000

Series 2021-4A^(b)(h)

3M CME TERM SOFR + 6.96%

10/25/2034

330,352

THL Credit Wind River 2017-3 CLO, Ltd.

500,000

Series 2021-3A^(b)(h)

3M CME TERM SOFR + 7.31%

04/15/2035

480,311

THL Credit Wind River CLO, Ltd.

1,000,000

Series 2018-3A^(b)(h)

3M CME TERM SOFR + 3.66%

10/22/2031

1,002,812

1,000,000

Series 2018-3A^(b)(h)

3M CME TERM SOFR + 6.48%

10/22/2031

876,363

Trestles CLO VI, Ltd.

500,000

Series 2025-6A^(b)(h)

3M CME TERM SOFR + 1.18%

04/25/2038

501,146

Upland CLO, Ltd.

500,000

Series 2018-1A^(b)(h)

3M CME TERM SOFR + 3.16%

04/20/2031

502,360

Vibrant CLO III, Ltd.

1,050,000

Series 2018-3A^(b)(h)

3M CME TERM SOFR + 3.76%

10/20/2031

1,050,914

Vibrant CLO IV-R, Ltd.

1,000,000

Series 2024-4RA^(b)(h)

3M CME TERM SOFR + 3.75%

10/20/2037

1,004,559

Voya CLO 2021-1, Ltd.

500,000

Series 2025-1A^(b)(h)

3M CME TERM SOFR + 2.80%

07/15/2034

498,424

Voya CLO 2023-1, Ltd.

1,000,000

Series 2025-1A^(b)(h)

3M CME TERM SOFR + 1.21%

01/20/2039

1,001,500

Voya CLO, Ltd.

1,000,000

Series 2018-2A^(b)(h)

3M CME TERM SOFR + 5.51%

07/15/2031

895,970

500,000

Series 2018-4A^(b)(h)

3M CME TERM SOFR + 6.21%

07/14/2031

495,448

Wellfleet CLO 2021-1, Ltd.

1,000,000

Series 2021-1A^(b)(h)

3M CME TERM SOFR + 6.87%

04/20/2034

890,284

Wind River 2021-1 CLO, Ltd.

1,000,000

Series 2024-1A^(b)(h)

3M CME TERM SOFR + 3.95%

07/20/2037

1,000,473

Wind River 2021-2 CLO, Ltd.

500,000

Series 2021-2A^(b)(h)

3M CME TERM SOFR + 6.69%

07/20/2034

443,384

31,733,694

Jersey - 0.61%

Apidos CLO XXXIX, Ltd.

500,000

Series 2025-39A^(b)(h)

3M CME TERM SOFR + 1.23%

10/21/2038

500,726

Principal Amount/Description

Rate

Maturity

Value

Bain Capital Credit Clo 2019-4, Ltd.

500,000

Series 2025-4A^(b)(h)

3M CME TERM SOFR + 0.99%

04/23/2035

500,106

Bain Capital Credit CLO 2019-4, Ltd.

500,000

Series 2025-4A^(b)(h)

3M CME TERM SOFR + 2.90%

04/23/2035

494,100

Bain Capital Credit CLO 2022-3, Ltd.

1,000,000

Series 2022-3A^(b)(h)

3M CME TERM SOFR + 7.35%

07/17/2035

872,783

Captree Park CLO, Ltd.

1,000,000

Series 2026-1A^(b)(h)

3M CME TERM SOFR + 1.20%

07/20/2037

1,000,000

Storm King Park CLO, Ltd.

1,000,000

Series 2024-1A^(b)(h)

3M CME TERM SOFR + 1.36%

10/15/2037

1,002,195

Voya CLO 2022-3, Ltd.

1,000,000

Series 2025-3A^(b)(h)

3M CME TERM SOFR + 2.60%

10/20/2036

1,008,236

5,378,146

TOTAL COLLATERALIZED LOAN OBLIGATIONS

(Cost $39,164,141)

37,111,840

NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS - 20.83%

Bermuda - 0.02%

Textainer Marine Containers VII, Ltd.

209,958

Series 2024-1A^(h)

5.25%

01/20/2036

210,020

Cayman Islands - 2.89%

AASET 2025-1

673,548

Series 2025-1A^(h)

6.58%

02/16/2032

674,647

ACREC LLC

990,000

Series 2026-FL4^(b)(h)

1M CME TERM SOFR + 2.40%

08/18/2030

988,876

Arbor Realty Commercial Real Estate Notes, Ltd.

1,100,000

Series 2022-FL1^(b)(h)

30D US SOFR + 2.30%

01/15/2027

1,102,743

AREIT

1,150,000

Series 2022-CRE6^(b)(h)

30D US SOFR + 3.40%

01/20/2037

1,150,378

AREIT, Ltd.

910,000

Series 2025-CRE10^(b)(h)

1M CME TERM SOFR + 2.79%

01/17/2030

905,899

Balboa Bay Loan Funding 2025-2, Ltd.

1,000,000

Series 2025-2A^(b)(h)

3M CME TERM SOFR + 1.25%

01/20/2039

1,001,494

Blackbird Capital II Aircraft Lease, Ltd.

905,421

Series 2021-1A^(h)

3.45%

07/15/2028

870,886

BXMT, Ltd.

350,000

Series 2026-FL6^(b)(h)

1M CME TERM SOFR + 1.45%

11/19/2030

350,533

Principal Amount/Description

Rate

Maturity

Value

Cathedral Lake VIII, Ltd.

1,000,000

Series 2021-8A^(b)(h)

3M CME TERM SOFR + 3.68%

01/20/2035

990,290

CIFC Funding 2025-VII, Ltd.

500,000

Series 2025-7A^(b)(h)

3M CME TERM SOFR + 2.60%

01/22/2039

499,978

Dryden 40 Senior Loan Fund

1,000,000

Series 2018-40A^(b)(h)

3M CME TERM SOFR + 6.01%

08/15/2031

843,652

FS Rialto Issuer LLC

1,230,000

Series 2026-FL11^(b)(h)

1M CME TERM SOFR + 2.65%

01/19/2044

1,233,795

LCM 28, Ltd.

1,000,000

Series 2018-28A^(b)(h)

3M CME TERM SOFR + 6.01%

10/20/2030

420,052

LCM Loan Income Fund I Income Note Issuer, Ltd.

500,000

Series 2018-27A^(b)(h)

3M CME TERM SOFR + 5.86%

07/16/2031

280,967

LCM XIV LP

750,000

Series 2018-14A^(b)(h)

3M CME TERM SOFR + 5.76%

07/20/2031

514,646

LCM XVII LP

1,000,000

Series 2018-17A^(b)(h)

3M CME TERM SOFR + 6.26%

10/15/2031

512,609

LoanCore Issuer, Ltd.

1,000,000

Series 2021-CRE6^(b)(h)

1M CME TERM SOFR + 2.96%

11/15/2038

995,348

MACH 1 Cayman, Ltd.

166,715

Series 2019-1^(h)

3.47%

08/15/2026

164,932

Magnetite XXIX, Ltd.

500,000

Series 2024-29A^(b)(h)

3M CME TERM SOFR + 6.00%

07/15/2037

501,315

Magnetite Xxxiii, Ltd.

500,000

Series 2024-33A^(b)(h)

3M CME TERM SOFR + 3.00%

10/20/2037

501,458

1,000,000

Series 2024-33A^(b)(h)

3M CME TERM SOFR + 5.55%

10/20/2037

1,005,558

MF1, Ltd.

500,000

Series 2021-FL7^(b)(h)

1M CME TERM SOFR + 1.86%

10/16/2036

500,739

937,050

Series 2021-FL7^(b)(h)

1M CME TERM SOFR + 2.16%

10/16/2036

937,870

1,090,000

Series 2021-FL7^(b)(h)

1M CME TERM SOFR + 2.66%

10/16/2036

1,091,933

Octagon 59, Ltd.

500,000

Series 2022-1A^(b)(h)

3M CME TERM SOFR + 7.60%

05/15/2035

428,544

Octagon Investment Partners 26, Ltd.

1,000,000

Series 2018-1A^(b)(h)

3M CME TERM SOFR + 8.35%

07/15/2030

27,037

Octagon Investment Partners 40, Ltd.

500,000

Series 2021-1A^(b)(h)

3M CME TERM SOFR + 7.26%

01/20/2035

416,335

Octagon Investment Partners 42, Ltd.

1,000,000

Series 2024-3A^(b)(h)

3M CME TERM SOFR + 7.53%

07/15/2037

993,666

Principal Amount/Description			Rate	Maturity	Value
		Octagon Investment Partners XVI, Ltd.
$	500,000	Series 2018-1A^(b)(h)	3M CME TERM SOFR + 3.26%	07/17/2030	$	500,980
	1,000,000	Series 2018-1A^(b)(h)	3M CME TERM SOFR + 6.01%	07/17/2030		860,925
		PFP, Ltd.
	298,659	Series 2024-11^(b)(h)	1M CME TERM SOFR + 2.49%	08/17/2029		299,406
	585,375	Series 2024-11^(b)(h)	1M CME TERM SOFR + 2.99%	08/17/2029		586,662
	1,240,000	Series 2026-13^(b)(h)	1M CME TERM SOFR + 2.40%	08/18/2043		1,243,093
		RR 2, Ltd.
	1,000,000	Series 2021-2A^(b)(h)	3M CME TERM SOFR + 6.06%	04/15/2036		935,531
		STWD, Ltd.
	1,080,000	Series 2021-FL2^(b)(h)	1M CME TERM SOFR + 2.21%	04/18/2038		1,081,073
		Thunderbolt II Aircraft Lease, Ltd.
	107,314	Series 2018-A^(h)(i)	7.68%	09/15/2038		108,398
						25,522,248
United States - 17.92%
		1345T
	420,000	Series 2025-AOA^(b)(h)	1M CME TERM SOFR + 3.00%	06/15/2027		421,313
		Aaset 2021-2 Trust
	101,586	Series 2021-2A^(h)	3.54%	12/15/2028		96,915
		AASET 2024-1
	856,632	Series 2024-1A^(h)	6.90%	05/16/2031		864,345
		AASET 2024-2, Ltd.
	525,939	Series 2024-2A^(h)	6.61%	09/16/2031		526,244
		Affirm Asset Securitization Trust
	900,000	Series 2025-X2^(h)	5.23%	10/15/2030		899,948
		Affirm Master Trust
	300,000	Series 2025-1A^(h)	5.62%	02/15/2033		300,700
		AMSR
	5,000,000	Series 2021-SFR1^(h)	4.61%	06/17/2028		4,847,230
		ARDN Mortgage Trust
	500,000	Series 2025-ARCP^(b)(h)	1M CME TERM SOFR + 4.50%	06/15/2027		502,100
		Avant Credit Card Master Trust 2025-1
	750,000	Series 2025-1A^(h)	5.72%	10/15/2028		739,683
		BANK
	10,291,000	Series 2018-BN12^(b)(h)(n)	1.50%	05/15/2061		225,723
	270,000	Series 2022-BNK39	3.18%	01/15/2032		243,691
	165,000	Series 2022-BNK39^(h)	2.50%	01/15/2032		111,493
	7,960,015	Series 2025-BNK50^(b)(n)	0.54%	05/15/2068		212,461
	1,201,000	Series 2025-BNK51^(h)	4.00%	01/15/2036		883,171
	7,320,000	Series 2025-BNK51^(b)(h)(n)	2.34%	12/25/2067		1,145,609
		BANK 2020-BNK27
	16,875,000	Series 2020-BN27^(b)(h)(n)	0.83%	04/15/2030		401,507
		Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10
	1,090,000	Series 2016-UB10^(b)	4.93%	07/15/2049		1,058,175
		BANK5
	311,000	Series 2024-5YR10	5.64%	10/15/2029		315,196
	306,000	Series 2024-5YR9	5.61%	08/15/2029		312,465
	160,000	Series 2025-5YR15^(b)	5.76%	06/15/2030		163,391

Principal Amount/Description			Rate	Maturity	Value
$	244,000	Series 2025-5YR19^(b)	5.61%	12/15/2030	$	248,242
	14,545,000	Series 2025-5YR19^(b)(h)(n)	2.01%	12/15/2058		1,068,752
	745,000	Series 2026-5YR20^(h)	4.50%	02/15/2031		630,475
		BBCMS Mortgage Trust
	500,000	Series 2018-C2^(b)	5.13%	12/15/2028		454,803
	211,000	Series 2024-5C27^(b)	6.41%	06/15/2029		217,834
	5,542,000	Series 2024-5C27^(b)(h)(n)	2.97%	06/15/2029		400,214
	310,000	Series 2024-5C29	5.21%	09/15/2029		312,268
	233,000	Series 2024-5C29	5.51%	09/15/2029		227,554
	450,000	Series 2024-5C29^(h)	4.00%	09/15/2029		392,636
	235,000	Series 2025-5C34	5.66%	04/15/2030		240,973
	239,000	Series 2025-5C36	5.52%	07/15/2030		244,594
	155,000	Series 2025-5C37^(b)	5.38%	09/15/2030		156,302
	117,000	Series 2026-5C40^(b)	5.81%	01/15/2031		117,091
	7,542,000	Series 2026-5C40^(b)(h)(n)	2.34%	02/15/2059		667,689
		BDS LLC
	1,010,000	Series 2025-FL15^(b)(h)	1M CME TERM SOFR + 2.40%	09/19/2030		1,011,670
	1,210,000	Series 2025-FL16^(b)(h)	1M CME TERM SOFR + 2.50%	11/19/2030		1,210,727
		Benchmark Mortgage Trust
	8,165,864	Series 2018-B2^(b)(n)	0.57%	01/15/2028		39,515
	18,771,470	Series 2018-B4^(b)(n)	0.61%	06/15/2028		162,966
	1,500,000	Series 2018-B4^(b)(h)	2.91%	07/15/2028		1,095,966
	117,000	Series 2019-B13^(b)	3.84%	10/15/2029		99,005
	1,130,000	Series 2019-B9^(b)	4.97%	01/15/2029		988,406
	1,510,000	Series 2021-B31^(h)	2.25%	11/15/2031		875,030
	280,000	Series 2022-B32^(b)	3.53%	01/15/2032		245,009
	320,000	Series 2024-V10	5.28%	09/15/2029		323,418
	1,200,000	Series 2024-V10^(h)	4.50%	09/15/2029		1,084,391
	235,000	Series 2024-V11^(b)	5.91%	10/15/2029		242,187
	300,000	Series 2024-V8	5.71%	05/15/2029		306,098
	380,000	Series 2024-V8^(h)	4.00%	07/15/2029		338,160
	351,000	Series 2024-V9	4.50%	08/15/2029		316,272
	305,000	Series 2024-V9	5.60%	08/15/2029		310,681
	157,000	Series 2025-V15	6.18%	05/15/2030		161,616
	20,118,795	Series 2025-V15^(b)(n)	1.35%	05/25/2030		776,175
	160,000	Series 2025-V16^(b)	5.44%	07/15/2030		163,271
	500,000	Series 2025-V16^(h)	4.50%	08/15/2058		438,941
	120,000	Series 2025-V18	5.59%	10/15/2030		121,532
	244,000	Series 2025-V19^(b)	5.90%	12/15/2030		249,113
	350,000	Series 2026-B42	4.94%	09/15/2035		349,762
	35,000	Series 2026-V20	5.44%	01/15/2031		34,590
	222,000	Series 2026-V21	5.13%	03/15/2031		223,871
		BMO Mortgage Trust
	7,951,000	Series 2022-C1^(b)(h)(n)	1.88%	02/15/2032		695,935
	207,000	Series 2024-5C7^(b)	5.89%	11/15/2029		208,575
	6,394,000	Series 2024-C9^(b)(h)(n)	2.10%	07/15/2034		771,677
	236,000	Series 2025-5C11	5.94%	06/15/2030		241,302
	3,440,000	Series 2025-C11^(b)(h)(n)	2.43%	02/15/2035		515,711
	223,000	Series 2026-C14^(b)	5.83%	02/15/2036		228,152
		BMO MORTGAGE TRUST
	160,000	Series 2023-C6	6.21%	01/15/2033		167,915
		BRSP 2026-Fl3, Ltd.
	1,220,000	Series 2026-FL3^(b)(h)	1M SOFR + 2.85%	08/19/2043		1,214,293
		BSPRT Issuer LLC
	1,000,000	Series 2025-FL12^(b)(h)	1M CME TERM SOFR + 2.70%	05/17/2030		1,003,531
		BSPRT Issuer, Ltd.
	300,000	Series 2023-FL10^(b)(h)	1M CME TERM SOFR + 3.27%	08/15/2028		300,033

Principal Amount/Description			Rate	Maturity	Value
		BSTN Commercial Mortgage Trust
$	180,000	Series 2025-HUB^(b)(h)	6.37%	04/13/2031	$	178,147
		Business Jet Securities 2024-2 LLC
	755,278	Series 2024-2A^(h)	7.97%	09/15/2030		756,220
		BX Commercial Mortgage Trust
	1,000,000	Series 2019-IMC^(b)(h)	1M CME TERM SOFR + 1.95%	04/15/2034		995,770
	629,558	Series 2024-MF^(b)(h)	1M CME TERM SOFR + 2.69%	02/15/2039		632,619
	350,000	Series 2025-BCAT^(b)(h)	1M CME TERM SOFR + 2.65%	08/15/2027		352,210
	150,000	Series 2026-ALOHA^(b)(h)	1M CME TERM SOFR + 2.15%	04/15/2028		150,515
	180,000	Series 2026-CSMO^(b)(h)	1M CME TERM SOFR + 2.00%	02/15/2028		181,901
	560,000	Series 2026-CSMO^(b)(h)	1M CME TERM SOFR + 2.45%	02/15/2028		567,174
	497,305	Series 2026-XL6^(b)(h)	1M CME TERM SOFR + 3.00%	03/15/2028		502,730
		BX Trust
	940,000	Series 2019-OC11^(b)(h)	4.08%	12/09/2029		862,165
	510,000	Series 2022-LBA6^(b)(h)	1M CME TERM SOFR + 2.70%	01/15/2027		510,625
	280,000	Series 2024-CNYN^(b)(h)	1M CME TERM SOFR + 2.69%	04/15/2041		280,956
	107,482	Series 2025-ARIA^(b)(h)	5.70%	12/13/2030		107,334
	992,873	Series 2025-ROIC^(b)(h)	1M CME TERM SOFR + 2.94%	03/15/2027		995,390
	100,000	Series 2026-CIP^(b)(h)	1M CME TERM SOFR + 2.10%	05/15/2028		100,941
		Cantor Commercial Real Estate Lending
	1,113,000	Series 2019-CF1^(b)(h)	4.12%	05/15/2052		119,594
		Cascade MH Asset Trust
	4,601,000	Series 2019-MH1^(b)(h)	5.99%	11/25/2044		4,432,918
		Castlelake Aircraft Securitization Trust
	2,680,206	Series 2018-1^(h)	6.63%	06/15/2043		2,170,766
		Castlelake Aircraft Structured Trust
	2,750,000	Series 2019-1A^(b)(h)	0.00%	04/15/2039		316,250
		Citigroup Commercial Mortgage Trust
	225,000	Series 2019-GC41	3.20%	08/10/2029		198,889
		Citigroup Mortgage Loan Trust
	530,199	Series 2006-WF1⁽ⁱ⁾	6.58%	03/25/2036		237,431
		COMM Mortgage Trust
	117,000	Series 2024-277P^(b)(h)	7.23%	08/10/2029		122,673
		Commercial Mortgage Pass-Through Certificates
	11,000	Series 2014-UBS4^(b)(e)(h)	0.00%	08/10/2047		0
		Compass Datacenters Issuer II LLC
	500,000	Series 2024-2A^(h)	6.00%	08/27/2029		503,339
		CSAB Mortgage-Backed Trust
	8,781,274	Series 2006-2⁽ⁱ⁾	6.20%	09/25/2036		489,148
	111,506	Series 2007-1^(b)	5.90%	05/25/2037		23,366
		CSAIL Commercial Mortgage Trust
	1,000,000	Series 2019-C16^(b)	4.24%	06/15/2029		941,359
		CSMC
	350,000	Series 2021-B33^(b)(h)	3.77%	10/10/2031		309,580

Principal Amount/Description			Rate	Maturity	Value
		CSTL Commercial Mortgage Trust
$	180,000	Series 2026-GATE3^(b)(h)	5.10%	02/10/2031	$	177,911
		DataBank Issuer II LLC
	400,000	Series 2025-1A^(h)	5.18%	09/25/2030		392,672
	300,000	Series 2025-1A^(h)	5.67%	09/25/2030		288,626
		DBC Mortgage Trust
	700,000	Series 2025-DBC^(b)(h)	1M CME TERM SOFR + 2.60%	11/15/2027		703,621
		Del Amo Fashion Center Trust
	150,000	Series 2017-AMO^(b)(h)	3.76%	06/05/2027		146,422
		Diamond Infrastructure Funding LLC
	500,000	Series 2021-1A^(h)	3.48%	12/20/2026		494,567
		DOLP Trust
	220,000	Series 2021-NYC^(b)(h)	3.70%	05/10/2031		192,184
		Domino's Pizza Master Issuer LLC
	200,000	Series 2025-1A^(h)	5.22%	07/25/2032		200,497
		ELP Commercial Mortgage Trust
	760,000	Series 2025-ELP^(b)(h)	6.67%	11/13/2030		767,443
		Extended Stay America Trust
	168,646	Series 2026-ESH2^(b)(h)	1M CME TERM SOFR + 2.25%	02/15/2028		169,617
	534,045	Series 2026-ESH2^(b)(h)	1M CME TERM SOFR + 2.90%	02/15/2028		537,526
		Fannie Mae-Aces
	21,446,522	Series 2019-M12^(b)(n)	0.68%	06/25/2029		295,610
	12,438,901	Series 2019-M24^(b)(n)	1.15%	03/25/2031		531,726
	34,239,721	Series 2019-M7^(b)(n)	0.33%	04/25/2029		274,058
	22,944,519	Series 2020-M10^(b)(n)	0.76%	12/25/2027		115,234
	44,763,020	Series 2020-M10^(b)(n)	0.89%	07/25/2032		1,664,598
	12,193,011	Series 2020-M13^(b)(n)	1.23%	09/25/2030		315,357
	326,371,813	Series 2021-M17^(b)(n)	0.11%	07/25/2031		923,273
		FMC GMSR Issuer Trust
	6,000,000	Series 2021-GT1^(b)(h)	4.36%	07/25/2026		5,820,874
	5,000,000	Series 2021-GT2^(b)(h)	4.44%	10/25/2026		4,845,105
	40,276,306	FNA 2021-M23 X1	0.57%	11/01/2031		610,359
		FREMF Mortgage Trust
	709,905	Series 2018-KF56^(b)(h)	30D US SOFR + 5.91%	11/25/2028		664,322
	1,056,200	Series 2019-KF71^(b)(h)	30D US SOFR + 6.11%	10/25/2029		1,025,142
		FRTKL
	4,050,000	Series 2021-SFR1^(h)	4.11%	09/17/2026		4,014,792
		FS Rialto Issuer LLC
	1,200,000	Series 2024-FL9^(b)(h)	1M CME TERM SOFR + 3.94%	04/19/2030		1,197,598
	1,110,000	Series 2025-FL10^(b)(h)	1M CME TERM SOFR + 2.70%	08/19/2042		1,113,343
		GGP
	180,000	Series 2026-TY^(b)(h)	4.83%	03/05/2031		177,009
		GGP Commercial Mortgage Trust
	100,000	Series 2026-SSP^(b)(h)	5.12%	07/05/2031		100,607
		Ginnie Mae Strip
	6,601,955	Series 2020-3⁽ⁿ⁾	1.40%	09/16/2045		514,589
		Government National Mortgage Association
	8,920,228	Series 2024-170^(b)(n)	0.76%	10/16/2065		529,622
	7,596,970	Series 2024-170^(b)(n)	0.89%	03/16/2066		538,442
		GreenSky Home Improvement Issuer Trust
	186,954	Series 2024-2^(h)	5.55%	10/27/2059		187,218

Principal Amount/Description			Rate	Maturity	Value
		GreenSky Home Improvement Issuer Trust 2025-3
$	800,000	Series 2025-3A^(h)	7.83%	12/27/2060	$	793,201
		GS Mortgage Securities Corp. Trust
	180,000	Series 2017-375H^(b)(h)	3.59%	09/10/2027		175,146
	1,000,000	Series 2018-RIVR^(b)(h)	1M CME TERM SOFR + 1.85%	07/15/2035		3,215
		GS Mortgage Securities Trust
	467,627	Series 2015-GC28^(b)(h)	4.57%	02/10/2048		449,396
	828,000	Series 2018-GS10^(b)	4.54%	07/10/2028		796,566
	1,954,000	Series 2018-TWR^(b)(h)	1M CME TERM SOFR + 4.22%	07/15/2031		19,501
	1,767,000	Series 2019-GC38^(h)	3.00%	02/10/2029		1,522,568
	330,000	Series 2020-GC45^(b)	3.41%	12/13/2029		295,752
		GSAA Home Equity Trust
	1,693,300	Series 2006-13^(b)	6.04%	07/25/2036		454,913
	422,720	Series 2006-18⁽ⁱ⁾	6.18%	11/25/2036		96,438
	126,011	Series 2006-6^(b)	5.69%	03/25/2036		33,220
	767,342	Series 2007-2⁽ⁱ⁾	6.60%	03/25/2037		164,068
		Hardee's Funding LLC
	922,500	Series 2018-1A^(h)	5.71%	06/20/2028		913,794
		Hilton USA Trust
	900,000	Series 2016-SFP^(h)	2.83%	11/05/2035		750,358
		HSI Asset Securitization Corp. Trust
	5,111,548	Series 2006-HE1^(b)	1M CME TERM SOFR + 0.39%	10/25/2036		1,341,398
	1,027,809	Series 2007-NC1^(b)	1M CME TERM SOFR + 0.47%	04/25/2037		663,297
		INCREF LLC
	180,000	Series 2025-FL1^(b)(h)	1M CME TERM SOFR + 4.19%	10/19/2042		180,604
	860,000	Series 2026-FL2^(b)(h)	1M CME TERM SOFR + 2.60%	12/19/2043		863,003
	180,000	Series 2026-FL2^(b)(h)	1M CME TERM SOFR + 1.95%	12/19/2043		180,269
		JP Morgan BB Commercial Mortgage Securities Trust
	786,219	Series 2015-C30^(b)(n)	0.02%	07/15/2048		8
	78,523	Series 2015-C31^(b)(n)	0.58%	08/15/2048		97
		JP Morgan Mortgage Acquisition Corp.
	148,766	Series 2006-CH2⁽ⁱ⁾	5.96%	09/25/2029		86,840
		JP Morgan Mortgage Acquisition Trust
	3,167,002	Series 2006-RM1^(b)	1M CME TERM SOFR + 0.59%	08/25/2036		1,387,652
		JPMBB Commercial Mortgage Securities Trust
	2,315,054	Series 2014-C24^(b)(n)	0.85%	11/15/2047		54
		JPMCC Commercial Mortgage Securities Trust
	330,000	Series 2017-JP7^(b)	3.81%	07/15/2027		293,893
	781,000	Series 2019-COR5	3.87%	05/13/2029		700,098
		Laurel Road Prime Student Loan Trust
	7,769,535	Series 2020-A^(h)	0.00%	11/25/2050		886,092
		LBTY Commercial Mortgage Trust
	180,000	Series 2026-225L^(b)(h)	5.05%	02/10/2031		177,876

Principal Amount/Description			Rate	Maturity	Value
		LMNT CRE LLC
$	1,120,000	Series 2025-FL3^(b)(h)	1M CME TERM SOFR + 3.60%	05/21/2031	$	1,132,883
		Lmrk Issuer Co. 2 LLC
	950,000	Series 2025-1A^(h)	8.12%	09/15/2030		963,342
		LoanCore 2025 Issuer LLC
	640,000	Series 2025-CRE8^(b)(h)	1M CME TERM SOFR + 2.74%	02/01/2030		636,946
		MAD Commercial Mortgage Trust
	180,000	Series 2025-11MD^(b)(h)	6.57%	10/15/2030		181,576
		Mariner Finance issuance Trust 2024-B
	850,000	Series 2024-BA^(h)	4.91%	10/20/2030		850,354
		Master Asset Backed Securities Trust
	3,496,695	Series 2006-NC3^(b)	1M CME TERM SOFR + 0.53%	10/25/2036		1,640,754
		Merrill Lynch Mortgage Investors Trust
	9,424,047	Series 2006-RM3^(b)	1M CME TERM SOFR + 0.59%	06/25/2037		1,967,563
		MetroNet Infrastructure Issuer LLC
	1,000,000	Series 2025-2A^(h)	7.83%	08/20/2030		1,022,596
		MF1
	1,000,000	Series 2024-FL15^(b)(h)	1M CME TERM SOFR + 4.04%	08/18/2041		1,003,261
		MF1 LLC
	780,000	Series 2025-FL17^(b)(h)	1M CME TERM SOFR + 3.49%	02/18/2040		783,275
	680,000	Series 2025-FL17^(b)(h)	1M CME TERM SOFR + 2.74%	02/21/2040		682,715
	340,000	Series 2026-FL21^(b)(h)	1M CME TERM SOFR + 1.75%	02/18/2041		340,848
	1,140,000	Series 2026-FL21^(b)(h)	1M CME TERM SOFR + 2.50%	02/18/2041		1,142,843
	250,000	Series 2026-FL22^(b)(h)	1M CME TERM SOFR + 2.00%	05/18/2031		250,796
		Morgan Stanley Bank of America Merrill Lynch Trust
	176,000	Series 2025-5C1^(h)	4.00%	03/15/2030		158,534
		Morgan Stanley Capital I Trust
	488	Series 2016-UB11 XA^(b)(n)	1.61%	08/15/2026		0
	1,117,000	Series 2018-L1^(b)	4.93%	10/15/2028		1,024,210
	330,000	Series 2021-L6^(b)	3.55%	07/15/2031		277,295
	10,249,000	Series 2021-L7^(b)(h)(n)	1.03%	10/15/2031		483,189
		Morgan Stanley Mortgage Loan Trust
	299,877	Series 2007-3XS⁽ⁱ⁾	6.20%	01/25/2047		103,040
		Mosaic Solar Loan Trust
	30,422	Series 2017-1A^(h)	4.45%	06/20/2042		29,941
	151,246	Series 2018-1A^(h)	4.01%	08/20/2030		140,606
	215,419	Series 2020-2A^(h)	3.00%	08/20/2046		184,911
		MTN Commercial Mortgage Trust
	540,000	Series 2026-LPFX^(b)(h)	6.56%	05/15/2031		540,309
		MVW 2021-1W LLC
	169,620	Series 2021-1WA^(h)	1.94%	01/22/2041		165,475
	196,759	Series 2021-1WA^(h)	3.17%	01/22/2041		192,047
		Natixis Commercial Mortgage Securities Trust
	520,000	Series 2019-10K^(b)(h)	4.27%	05/15/2029		483,371

Principal Amount/Description			Rate	Maturity	Value
		Navient Refinance Loan Trust
$	225,000	Series 2026-B^(h)	5.07%	06/15/2056	$	226,555
		NJ
	160,000	Series 2025-WBRK^(b)(h)	5.87%	03/05/2030		163,467
		NJ Trust
	275,000	Series 2023-GSP^(b)(h)	6.70%	01/06/2029		283,129
		NYC Commercial Mortgage Trust
	499,000	Series 2025-300P^(b)(h)	7.39%	07/13/2030		504,464
	820,000	Series 2025-3BP^(b)(h)	1M CME TERM SOFR + 3.54%	02/15/2027		826,520
		NYC Trust
	150,000	Series 2026-9W57^(b)(h)	5.35%	06/06/2031		150,478
		PENN Commercial Mortgage Trust
	230,000	Series 2025-P11^(b)(h)	6.73%	08/10/2030		237,525
		People's Choice Home Loan Securities Trust
	4,529,265	Series 2005-4^(b)	1M CME TERM SOFR + 0.76%	12/25/2035		3,442,643
		PFP, Ltd.
	200,000	Series 2026-14^(b)(h)	1M CME TERM SOFR + 1.95%	12/18/2043		200,498
		Phantom Aviation
	246,104	Series 2026-1A^(h)	5.24%	01/15/2033		242,883
		PRET LLC
	3,000,000	Series 2025-NPL7^(h)(i)	8.35%	07/25/2028		2,992,962
		Progress Residential
	6,900,000	Series 2021-SFR8^(h)	4.01%	10/17/2026		6,847,338
	5,000,000	Series 2024-SFR2^(b)(h)	3.65%	04/17/2029		4,718,450
		RCKT Trust 2025-PL1
	1,100,000	Series 2025-1A^(h)	7.12%	07/25/2034		1,094,247
		REDAPTIVE EAAS ISSUER 2025-1 LLC
	205,244	Series 2025-1A^(h)	5.94%	10/25/2033		208,351
		Retained Vantage Data Centers Issuer LLC
	2,500,000	Series 2023-1A^(h)	5.75%	09/15/2028		2,470,098
		RFR Trust
	780,000	Series 2025-SGRM^(b)(h)	7.51%	03/11/2029		788,139
		Scalelogix Abs Us Issuer LLC
	350,000	Series 2025-1A^(h)	6.16%	07/25/2030		347,074
		SHOPS Commercial Mortgage Trust
	150,000	Series 2026-CSTL^(b)(h)	4.97%	05/05/2031		149,518
		SLG Commercial Mortgage Trust
	340,000	Series 2026-PAT^(b)(h)	6.92%	02/15/2031		337,954
		SLG Office Trust
	220,000	Series 2021-OVA^(h)	2.85%	07/15/2031		189,572
		SMB Private Education Loan Trust
	27,269	Series 2018-B^(b)(h)	1M CME TERM SOFR + 0.83%	08/15/2027		27,259
		Sofi Alternative Consumer Loan Program
	50,000	Series 2021-2^(h)	0.00%	08/15/2030		143,925
		Sofi Professional Loan Program Trust
	80,000	Series 2018-C^(h)	0.00%	01/25/2048		641,991
		Sprite, Ltd.
	74,595	Series 2021-1^(h)	3.75%	10/15/2028		73,417
		Stack Infrastructure Issuer LLC
	250,000	Series 2025-1A^(h)	5.00%	05/28/2030		243,302

Principal Amount/Description			Rate	Maturity	Value
		Stellantis Financial Underwritten Enhanced Lease Trust 2025-C
$	146,249	Series 2025-CA^(h)	4.06%	09/20/2027	$	146,259
		STWD LLC
	960,000	Series 2025-FL4^(b)(h)	1M SOFR + 2.65%	11/19/2042		963,354
		Subway Funding LLC
	246,250	Series 2024-1A^(h)	6.51%	07/30/2034		247,380
		Sunnova Helios VII Issuer LLC
	922,811	Series 2021-C^(h)	2.63%	10/20/2028		492,305
		Switch ABS Issuer LLC
	440,000	Series 2024-2A^(h)	5.44%	06/25/2029		438,035
	1,000,000	Series 2024-2A^(h)	10.03%	06/25/2029		1,017,000
		TIF Funding II LLC
	223,834	Series 2021-1A^(h)	1.65%	02/20/2031		203,427
		UBS Commercial Mortgage Trust
	31,908,500	Series 2017-C3^(b)(n)	0.51%	08/15/2050		156,004
	350,000	Series 2017-C4^(b)	4.24%	09/15/2027		337,490
	530,000	Series 2018-C11^(b)	4.71%	06/15/2028		504,028
	1,023,000	Series 2018-C13^(b)	5.12%	10/15/2028		925,797
	1,099,000	Series 2018-C8^(b)	4.84%	02/15/2028		1,013,564
		UBS-Barclays Commercial Mortgage Trust
	315,000	Series 2013-C5^(b)(h)	3.84%	03/10/2046		293,920
		Upstart Securitization Trust
	289,154	Series 2022-4^(h)	8.68%	02/20/2027		290,430
		UPSTART Securitization Trust
	200,000	Series 2026-3^(h)	5.35%	07/20/2036		200,419
		US Auto Funding 2021-1
	159,524	Series 2021-1A^(h)	2.20%	04/15/2027		122,943
		Vantage Data Centers Issuer LLC
	1,600,000	Series 2025-3A^(h)	6.00%	01/15/2031		1,528,292
		Velocity Commercial Capital Loan Trust
	85,964	Series 2018-2^(b)(h)	4.05%	10/26/2048		84,082
	264,059	Series 2019-1^(b)(h)	3.94%	01/25/2027		246,480
	142,563	Series 2019-1^(b)(h)	4.01%	07/25/2027		131,343
	109,143	Series 2019-1^(b)(h)	4.12%	11/25/2027		99,111
	962,065	Series 2021-2^(b)(h)	4.92%	12/25/2030		695,759
	844,827	Series 2026-2^(b)(h)	5.45%	11/25/2033		846,218
		Vital Care Issuer LLC
	598,500	Series 2025-1A^(h)	6.74%	01/30/2031		602,637
		Wachovia Bank Commercial Mortgage Trust
	174	Series 2006-C29^(b)(n)	0.49%	11/15/2048		0
		Wells Fargo Commercial Mortgage Trust
	250,986	Series 2016-C33^(h)	3.12%	03/15/2059		246,107
	5,628,945	Series 2016-C37^(b)(h)(n)	1.60%	12/15/2049		35,791
	1,100,000	Series 2018-C45	4.73%	06/15/2028		1,045,250
	134,000	Series 2020-C55	3.14%	02/15/2030		120,953
	234,000	Series 2025-5C4	5.67%	05/15/2030		239,902
	238,000	Series 2025-5C5	5.92%	07/15/2030		244,211
	234,000	Series 2025-5C6^(b)	5.58%	09/15/2030		236,256
	240,000	Series 2025-5C6^(b)	5.83%	09/15/2030		236,845
	245,000	Series 2025-5C7^(b)	5.86%	11/15/2030		247,444
	1,000,000	Series 2025-5C7^(b)	5.80%	11/15/2030		973,920
	332,000	Series 2026-5C8	5.03%	02/15/2031		333,255
	166,000	Series 2026-5C8	5.55%	02/15/2031		162,208
	747,000	Series 2026-5C8^(h)	4.50%	02/15/2031		634,625

Principal Amount/Description			Rate	Maturity	Value
		WFRBS Commercial Mortgage Trust
$	57,779	Series 2013-C14	3.49%	06/15/2046	$	56,824
		WF-RBS Commercial Mortgage Trust
	382,592	Series 2014-C22^(b)(n)	0.38%	09/15/2057		66
		WHARF Commercial Mortgage Trust
	500,000	Series 2025-DC^(b)(h)	7.98%	07/15/2030		500,373
		Willis Engine Structured Trust V
	675,045	Series 2020-A^(h)	3.23%	03/15/2028		657,210
		Willis Engine Structured Trust VI
	1,015,769	Series 2021-A^(h)	7.39%	05/15/2029		1,000,338
						158,457,868

TOTAL NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS
(Cost $206,662,761)						184,190,136

U.S. GOVERNMENT BONDS AND NOTES - 6.76%
United States - 6.76%
	3,330,000	U.S. Treasury Bonds	0.63%	05/15/2030		2,910,108
	15,500,000	U.S. Treasury Bonds	0.88%	11/15/2030		13,461,992
	1,300,000	U.S. Treasury Bonds	1.13%	05/15/2040		823,088
	200,000	U.S. Treasury Bonds	1.38%	11/15/2040		129,363
	4,550,000	U.S. Treasury Bonds	1.75%	08/15/2041		3,051,255
	3,450,000	U.S. Treasury Bonds	1.25%	05/15/2050		1,642,591
	11,700,000	U.S. Treasury Bonds	1.38%	08/15/2050		5,742,140
	4,900,000	U.S. Treasury Bonds	1.88%	02/15/2051		2,724,764
	21,600,000	U.S. Treasury Bonds	4.25%	08/15/2054		19,288,969
	1,292,950	U.S. Treasury Inflation Indexed Bonds^(o)	0.38%	07/15/2027		1,271,446
	2,670,000	U.S. Treasury Notes	0.63%	08/15/2030		2,312,626
	1,190,931	United States Treasury Inflation Indexed Bonds	0.13%	04/15/2027		1,167,762
	1,697,059	United States Treasury Inflation Indexed Bonds^(o)	1.63%	10/15/2027		1,689,179
	1,175,986	United States Treasury Inflation Indexed Bonds	1.75%	01/15/2028		1,168,201
	1,309,219	United States Treasury Inflation Indexed Bonds^(o)	0.50%	01/15/2028		1,276,118
	1,176,536	United States Treasury Inflation Indexed Bonds	1.25%	04/15/2028		1,157,824
						59,817,426

TOTAL U.S. GOVERNMENT BONDS AND NOTES
(Cost $60,475,128)						59,817,426

MORTGAGE-BACKED SECURITIES - 5.07%
United States - 5.07%
		Fannie Mae Pool
	2,125,792	Series 2023-	2.50%	03/01/2052		1,816,040
	2,059,915	Series 2023-	2.50%	04/01/2052		1,759,150
	1,184,405	Series 2023-	5.50%	06/01/2053		1,207,766
	2,758,000	Series 2024-	4.97%	07/01/2031		2,756,752
	1,584,177	Series 2024-	5.50%	06/01/2054		1,615,429
	845,603	Series 2024-	6.00%	08/01/2054		880,748
	1,475,958	Series 2025-	4.48%	06/01/2030		1,472,777
	1,427,420	Series 2025-	5.11%	01/01/2032		1,445,163
	1,425,582	Series 2025-	5.48%	04/01/2041		1,475,611
	1,696,393	Series 2025-	2.50%	06/01/2052		1,429,450

Principal Amount/Description			Rate	Maturity	Value
$	2,885,057	Series 2025-	6.00%	06/01/2054	$	2,985,560
	725,959	Series 2025-	6.00%	10/01/2054		751,700
	2,052,459	Series 2025-	5.50%	09/01/2055		2,071,744
		Freddie Mac Pool
	1,371,889	Series 2021-	2.00%	05/01/2051		1,105,663
	2,177,228	Series 2022-	3.00%	05/01/2052		1,901,091
	1,372,637	Series 2022-	5.00%	12/01/2052		1,360,142
	1,134,520	Series 2023-	5.50%	04/01/2053		1,159,621
	1,226,015	Series 2023-	5.00%	05/01/2053		1,218,865
	1,152,649	Series 2023-	6.00%	11/01/2053		1,200,602
	1,696,920	Series 2024-	5.50%	02/01/2054		1,731,419
	837,680	Series 2025-	6.00%	12/01/2054		860,160
	1,839,396	Series 2025-	6.00%	04/01/2055		1,892,325
	1,079,032	Series 2025-	5.50%	04/01/2055		1,100,679
		Ginnie Mae I Pool
	2,216,264	Series 2012-	3.50%	09/15/2042		2,030,660
		Ginnie Mae II Pool
	2,167,743	Series 2021-	3.00%	11/20/2051		1,917,035
	1,804,972	Series 2022-	3.00%	04/20/2052		1,593,544
	1,651,254	Series 2025-	2.50%	10/20/2050		1,397,977
	1,191,218	Series 2025-	3.00%	05/20/2051		1,062,538
	1,890,704	Series 2025-	2.50%	03/20/2052		1,617,790
						44,818,001

TOTAL MORTGAGE-BACKED SECURITIES
(Cost $44,831,841)						44,818,001

U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES - 33.17%
United States - 33.17%
		Alternative Loan Trust
	104,186	Series 2005-20CB	5.50%	07/25/2035		81,179
	53,342	Series 2005-54CB	5.50%	11/25/2035		27,109
	489,519	Series 2005-85CB^(b)	1M CME TERM SOFR + 1.21%	02/25/2036		375,656
	103,379	Series 2005-85CB^(b)	21.21% - 1M CME TERM SOFR	02/25/2036		79,988
	162,470	Series 2005-86CB	5.50%	02/25/2036		88,037
	99,622	Series 2005-9CB^(b)	1M CME TERM SOFR + 0.61%	05/25/2035		89,152
	176,928	Series 2005-9CB^(b)(n)	4.94% - 1M CME TERM SOFR	05/25/2035		7,513
	1,004,488	Series 2006-15CB	6.50%	06/25/2036		479,407
	87,437	Series 2006-30T1	6.25%	11/25/2036		62,788
	87,708	Series 2006-32CB	5.50%	11/25/2036		43,967
	220,879	Series 2006-36T2^(b)	27.53% - 1M CME TERM SOFR	12/25/2036		121,636
	781,223	Series 2007-19	6.00%	08/25/2037		374,876
	2,550,479	Series 2007-20	6.25%	08/25/2047		1,309,215
	703,969	Series 2007-23CB^(b)	1M CME TERM SOFR + 0.61%	09/25/2037		232,860
	672,173	Series 2007-23CB^(b)(n)	6.39% - 1M CME TERM SOFR	09/25/2037		100,581
		American Home Mortgage Investment Trust
	157,985	Series 2007-A^(h)(i)	6.60%	01/25/2037		19,951
		Banc of America Funding
	1,246,795	Series 2014-R8^(b)(h)	1M CME TERM SOFR + 0.35%	06/26/2036		1,023,617
		Banc of America Funding Trust
	22,922	Series 2006-2	5.50%	03/25/2036		22,831

Principal Amount/Description			Rate	Maturity	Value
		BCAP, LLC Trust
$	93,363	Series 2007-AA2^(b)	7.50%	04/25/2037	$	44,541
	60,575	Series 2007-AA2	6.00%	04/25/2037		25,493
	4,602,141	Series 2010-RR6^(b)(h)	8.38%	07/26/2036		1,969,926
		Bear Stearns ALT-A Trust
	644,913	Series 2006-6^(b)	4.11%	11/25/2036		269,736
		Bear Stearns Asset-Backed Securities Trust
	1,040,224	Series 2006-AC1⁽ⁱ⁾	6.25%	02/25/2036		459,601
		Bear Stearns Structured Products, Inc.
	6,785,254	Series 2008-R2^(b)(h)	3.98%	06/25/2047		5,907,039
		Chase Mortgage Finance Trust
	2,976,130	Series 2007-S2	6.00%	03/25/2037		1,474,020
	323,759	Series 2007-S3	5.50%	05/25/2037		3
	4,295,394	Series 2007-S4	6.00%	06/25/2037		1,574,550
		ChaseFlex Trust Series
	2,774,925	Series 2007-M1^(b)	1M CME TERM SOFR + 0.57%	08/25/2037		2,346,345
		Citicorp Mortgage Securities Trust
	233,633	Series 2007-1	6.00%	01/25/2037		217,689
		Citigroup Mortgage Loan Trust
	103,066	Series 2009-12^(h)	5.50%	11/25/2035		79,267
	113,439	Series 2009-4^(b)(h)	5.50%	05/25/2035		109,965
		CitiMortgage Alternative Loan Trust
	237,131	Series 2007-A1	6.00%	01/25/2037		210,068
	46,711	Series 2007-A1^(b)(n)	5.29% - 1M CME TERM SOFR	01/25/2037		3,201
	33,113	Series 2007-A3^(b)	6.00%	03/25/2037		29,566
	76,204	Series 2007-A3^(b)(n)	5.29% - 1M CME TERM SOFR	03/25/2037		5,190
	241,991	Series 2007-A6	5.50%	06/25/2037		212,263
		Connecticut Avenue Securities Trust
	2,653,244	Series 2019-R05^(b)(h)	30D US SOFR + 4.21%	07/25/2039		2,658,859
	4,250,000	Series 2022-R02^(b)(h)	30D US SOFR + 7.65%	01/25/2027		4,394,379
	3,685,000	Series 2022-R03^(b)(h)	30D US SOFR + 9.85%	03/25/2042		3,903,912
	4,125,000	Series 2023-R06^(b)(h)	30D US SOFR + 3.90%	07/25/2043		4,329,056
	5,000,000	Series 2024-R03^(b)(h)	30D US SOFR + 2.80%	03/25/2044		5,174,020
		Countrywide Home Loan Mortgage Pass-Through Trust
	796,860	Series 2005-HYB7^(b)	4.38%	11/20/2035		748,325
	16,918	Series 2005-J4	5.50%	11/25/2035		13,887
	1,115,214	Series 2006-18	6.00%	12/25/2036		561,717
	121,949	Series 2007-17	6.00%	10/25/2037		82,391
	199,421	Series 2007-3	6.00%	04/25/2037		87,425
	212,701	Series 2007-7	5.75%	06/25/2037		94,125
		Credit Suisse First Boston Mortgage Securities Corp.
	35,611	Series 2005-10	5.50%	11/25/2035		24,913
	12,545	Series 2005-8	5.50%	08/25/2025		6,602
	4,023,015	Series 2005-9	6.00%	10/25/2035		1,029,101
		Credit Suisse Mortgage Capital Certificates
	1,641,208	Series 2006-2	5.75%	03/25/2036		791,407

Principal Amount/Description			Rate	Maturity	Value
		Csmc 2021-Nqm6 Trust
$	900,000	Series 2021-NQM6^(b)(h)	2.58%	07/25/2066	$	656,227
		CSMC Mortgage-Backed Trust
	144,557	Series 2006-1	6.00%	02/25/2036		36,267
	13,043	Series 2006-4	5.50%	03/25/2038		7,780
	768,513	Series 2006-5	6.25%	06/25/2036		106,424
	48,132	Series 2006-9	6.00%	11/25/2036		25,040
	3,110	Series 2007-2	5.00%	03/25/2037		2,326
		Deutsche Alt-A Securities, Inc. Mortgage Loan Trust
	122,115	Series 2005-6^(b)(n)	4.97% - 1M CME TERM SOFR	12/25/2035		6,477
	53,578	Series 2005-6^(b)	1M CME TERM SOFR + 1.51%	12/25/2035		44,240
		Deutsche Mortgage Securities, Inc. Mortgage Loan Trust
	67,255	Series 2006-PR1^(b)(h)	11.96% - 1M CME TERM SOFR	04/15/2036		63,367
		EFMT
	2,060,000	Series 2025-INV1^(b)(h)	7.30%	03/25/2070		2,037,330
	1,000,000	Series 2025-INV2^(b)(h)	7.49%	05/26/2070		990,779
	4,969,000	Series 2025-INV3^(b)(h)	7.61%	07/25/2029		4,896,416
	1,000,000	Series 2025-INV4^(b)(h)	6.00%	09/25/2029		1,003,250
	6,770,000	Series 2025-INV5^(b)(h)	7.22%	11/25/2029		6,700,039
		Fannie Mae Interest Strip
	4,444,931	Series 2014-419	3.50%	04/25/2044		612,646
	14,310,069	Series 2023-437	1.50%	05/25/2037		744,879
		Fannie Mae Pool
	3,220,490	Series 2021-	3.00%	10/01/2046		2,888,563
	1,523,125	Series 2021-	3.00%	12/01/2048		1,357,701
	1,194,559	Series 2022-	5.00%	07/01/2052		1,184,178
		Fannie Mae REMICS
	3,853,083	Series 2014-1^(b)(n)	5.79% - 30D US SOFR	02/25/2044		350,544
	4,204,931	Series 2015-54^(b)(n)	6.04% - 30D US SOFR	07/25/2045		413,007
	7,689,635	Series 2020-74^(b)(n)	4.10% - 30D US SOFR	10/25/2050		246,231
	8,016,275	Series 2020-75⁽ⁿ⁾	2.50%	11/25/2050		1,245,488
	15,851,991	Series 2020-77^(b)(n)	4.10% - 30D SOFR	11/25/2050		512,408
	8,241,879	Series 2020-96⁽ⁿ⁾	3.00%	01/25/2051		1,367,034
	10,170,387	Series 2021-56⁽ⁿ⁾	3.00%	03/25/2051		1,663,075
	11,992,669	Series 2021-56⁽ⁿ⁾	2.50%	09/25/2051		1,380,111
	10,156,765	Series 2022-22	2.50%	05/25/2052		7,142,252
	13,927,393	Series 2024-22⁽ⁿ⁾	2.50%	11/25/2050		2,204,210
		Federal Home Loan Mortgage Corp. Pool
	66,641	Series Pool #G01840	5.00%	07/01/2035		66,927
	29,343	Series Pool #G04817	5.00%	09/01/2038		29,643
		Federal Home Loan Mortgage Corp. REMICS
	302,636	Series 2003-2722^(b)	9.76% - 30D US SOFR	12/15/2033		311,593
	494,882	Series 2006-3244^(b)(n)	6.55% - 30D US SOFR	11/15/2036		38,262
	26,304	Series 2007-3261^(b)	6.32% - 30D US SOFR	01/15/2037		2,171
	28,400	Series 2007-3262^(b)(n)	6.29% - 30D US SOFR	01/15/2037		1,499
	240,981	Series 2007-3301^(b)(n)	5.99% - 30D US SOFR	04/15/2037		16,555

Principal Amount/Description			Rate	Maturity	Value
$	163,714	Series 2007-3303^(b)(n)	5.99% - 30D US SOFR	04/15/2037	$	11,203
	47,034	Series 2007-3382^(b)(n)	5.89% - 30D US SOFR	11/15/2037		2,678
	145,905	Series 2007-3384^(b)(n)	6.20% - 30D US SOFR	08/15/2036		9,537
	45,914	Series 2007-3384^(b)(n)	6.28% - 30D US SOFR	11/15/2037		2,873
	13,931	Series 2008-3417^(b)(n)	6.07% - 30D US SOFR	02/15/2038		919
	636,472	Series 2008-3423^(b)(n)	5.89% - 30D US SOFR	03/15/2038		2,450
	55,930	Series 2008-3423^(b)(n)	5.54% - 30D US SOFR	03/15/2038		3,238
	413,446	Series 2009-3510^(b)	6.64% - 30D US SOFR	02/15/2037		27,785
	147,892	Series 2009-3523^(b)(n)	5.89% - 30D US SOFR	04/15/2039		9,233
	25,755	Series 2009-3524^(b)	3.21%	06/15/2038		24,490
	2,421	Series 2009-3549^(b)(n)	5.69% - 30D US SOFR	07/15/2039		155
	165,263	Series 2009-3560^(b)	6.29% - 30D US SOFR	11/15/2036		7,863
	97,714	Series 2010-3641	4.50%	03/15/2040		96,215
	149,584	Series 2010-3726^(b)(n)	5.94% - 30D US SOFR	09/15/2040		12,121
	430,763	Series 2010-3728^(b)	4.34% - 30D US SOFR	09/15/2040		9,493
	121,834	Series 2010-3779	3.50%	12/15/2030		119,661
	24,834	Series 2010-3779	4.00%	12/15/2030		24,496
	27,133	Series 2011-3786^(b)	9.27% - 30D US SOFR	01/15/2041		19,697
	304,372	Series 2011-3815^(b)(n)	5.74% - 30D US SOFR	02/15/2041		18,703
	147,582	Series 2011-3824^(b)	6.99% - 30D US SOFR	08/15/2036		14,885
	280,922	Series 2011-3864^(b)	8.97% - 30D US SOFR	05/15/2041		225,290
	159,554	Series 2011-3872^(b)(n)	5.84% - 30D US SOFR	06/15/2041		10,384
	584,622	Series 2011-3924^(b)(n)	5.89% - 30D US SOFR	09/15/2041		26,696
	1,049,523	Series 2012-3^(b)(n)	5.84% - 30D US SOFR	02/25/2042		81,702
	246,371	Series 2013-4170^(b)	3.94% - 30D US SOFR	01/15/2033		219,592
	2,097,207	Series 2013-4239	0.00%	07/15/2043		1,309,380
		Federal National Mortgage Association Pool
	16,791	Series Pool #555743	5.00%	09/01/2033		16,771
	21,865	Series Pool #735382	5.00%	04/01/2035		21,842
	61,930	Series Pool #735383	5.00%	04/01/2035		61,913
	39,104	Series Pool #735484	5.00%	05/01/2035		39,086
	15,172	Series Pool #AH4437	4.00%	01/01/2041		14,398
		Federal National Mortgage Association REMICS
	72,792	Series 2006-101^(b)(n)	6.47% - 30D US SOFR	10/25/2036		8,048
	225,547	Series 2006-123^(b)(n)	6.21% - 30D US SOFR	01/25/2037		16,571

Principal Amount/Description			Rate	Maturity	Value
$	887,321	Series 2006-92^(b)(n)	6.47% - 30D US SOFR	10/25/2036	$	60,144
	32,970	Series 2007-102^(b)(n)	6.29% - 30D US SOFR	11/25/2037		2,473
	30,386	Series 2007-108^(b)(n)	6.25% - 30D US SOFR	12/25/2037		1,797
	4,322	Series 2007-30^(b)(n)	6.00% - 30D US SOFR	04/25/2037		258
	175,243	Series 2007-38^(b)(n)	5.97% - 30D US SOFR	05/25/2037		9,179
	4,085	Series 2007-51^(b)(n)	5.99% - 30D US SOFR	06/25/2037		231
	148,864	Series 2007-57^(b)	6.51% - 30D US SOFR	10/25/2036		11,619
	31,242	Series 2007-68^(b)(n)	6.54% - 30D US SOFR	07/25/2037		2,537
	244,168	Series 2008-3^(b)(n)	6.35% - 30D US SOFR	02/25/2038		18,230
	13,970	Series 2008-56^(b)(n)	5.95% - 30D US SOFR	07/25/2038		509
	8,685	Series 2008-81	5.50%	09/25/2038		8,892
	78,965	Series 2009-111	5.00%	01/25/2040		79,129
	38,775	Series 2009-111^(b)(n)	6.14% - 30D US SOFR	01/25/2040		2,779
	265,198	Series 2009-12^(b)(n)	6.49% - 30D US SOFR	03/25/2036		12,450
	10,264	Series 2009-28^(b)	5.89% - 30D US SOFR	04/25/2037		499
	56,595	Series 2009-41	4.50%	06/25/2039		55,596
	23,946	Series 2009-42^(b)(n)	5.89% - 30D US SOFR	06/25/2039		1,758
	53,133	Series 2009-47^(b)(n)	5.99% - 30D US SOFR	07/25/2039		2,368
	19,724	Series 2009-62^(b)(n)	5.99% - 30D US SOFR	08/25/2039		377
	18,993	Series 2009-68^(b)(n)	5.14% - 30D US SOFR	09/25/2039		911
	39,659	Series 2010-11^(b)(n)	4.69% - 30D US SOFR	02/25/2040		736
	51,647	Series 2010-115^(b)	6.49% - 30D US SOFR	11/25/2039		4,024
	583,879	Series 2010-115^(b)(n)	5.89% - 30D US SOFR	10/25/2040		46,205
	1,449,276	Series 2010-123^(b)(n)	5.94% - 30D US SOFR	11/25/2040		119,843
	227,629	Series 2010-15^(b)(n)	4.84% - 30D US SOFR	03/25/2040		7,976
	14,567	Series 2010-34^(b)(n)	4.82% - 30D US SOFR	04/25/2040		565
	13,913	Series 2010-4^(b)(n)	6.12% - 30D US SOFR	02/25/2040		1,035
	29,141	Series 2010-58^(b)	12.18% - 30D US SOFR	06/25/2040		25,684
	818,769	Series 2010-75	4.50%	07/25/2040		804,799
	62,569	Series 2010-9^(b)(n)	4.64% - 30D US SOFR	02/25/2040		1,522
	12,100	Series 2010-9^(b)	5.19% - 30D US SOFR	02/25/2040		598
	3,698	Series 2010-90^(b)(n)	5.89% - 30D US SOFR	08/25/2040		246

Principal Amount/Description			Rate	Maturity	Value
$	1,086,153	Series 2012-106^(b)(n)	6.05% - 30D US SOFR	10/25/2042	$	73,436
	262,964	Series 2012-124^(b)	7.59% - 30D US SOFR	11/25/2042		170,217
	79,977	Series 2012-29^(b)(n)	5.89% - 30D US SOFR	04/25/2042		4,938
	225,816	Series 2012-32⁽ⁿ⁾	5.00%	04/25/2042		45,862
	1,085,934	Series 2012-65^(b)(n)	5.87% - 30D US SOFR	06/25/2042		86,362
		First Horizon Alternative Mortgage Securities Trust
	415,390	Series 2005-FA6	5.50%	09/25/2035		196,997
		First Horizon Mortgage Pass-Through Trust
	397,040	Series 2007-AR3^(b)	4.26%	11/25/2037		139,912
		Freddie Mac Pool
	2,939,787	Series 2021-	2.00%	11/01/2050		2,426,772
	1,225,189	Series 2022-	3.00%	03/01/2052		1,083,801
		Freddie Mac REMICS
	1,370,217	Series 2011-3972^(b)	5.79% - 30D US SOFR	12/15/2041		101,883
	1,706,327	Series 2020-5007^(b)(n)	5.99% - 30D US SOFR	08/25/2050		188,350
	8,459,391	Series 2020-5023⁽ⁿ⁾	3.00%	10/25/2050		1,379,346
	3,408,904	Series 2020-5041⁽ⁿ⁾	2.00%	11/25/2050		449,049
	16,557,799	Series 2020-5047⁽ⁿ⁾	2.50%	12/25/2050		2,485,057
	8,997,580	Series 2020-5057⁽ⁿ⁾	3.00%	11/25/2050		1,407,716
	9,915,113	Series 2021-5077⁽ⁿ⁾	3.00%	02/25/2051		1,496,138
	6,530,189	Series 2021-5083	2.50%	03/25/2051		3,534,745
	11,264,455	Series 2021-5156⁽ⁿ⁾	3.00%	02/25/2050		1,932,904
	11,140,321	Series 2022-5195	2.50%	02/25/2052		7,324,758
	2,672,337	Series 2023-5293	2.50%	04/25/2051		412,059
	17,449,061	Series 2023-5353⁽ⁿ⁾	2.50%	10/25/2051		1,983,674
	7,477,758	Series 2024-5427	4.00%	05/25/2052		6,163,702
	14,593,121	Series 2025-5531⁽ⁿ⁾	3.50%	06/25/2041		1,750,286
	10,270,356	Series 2025-5531	3.00%	06/25/2041		1,104,134
	12,784,018	Series 2025-5531	3.50%	09/25/2051		2,273,832
	6,620,692	Series 2025-5547⁽ⁿ⁾	3.00%	04/25/2051		1,164,242
		Freddie Mac STACR REMIC Trust
	4,300,000	Series 2020-DNA6^(b)(h)	30D US SOFR + 5.65%	12/25/2050		4,951,277
	2,500,000	Series 2021-DNA1^(b)(h)	30D US SOFR + 4.75%	01/25/2051		2,787,931
	3,000,000	Series 2021-DNA2^(b)(h)	30D US SOFR + 6.00%	08/25/2033		3,700,636
		GCAT
	1,500,000	Series 2021-NQM4^(b)(h)	2.47%	08/25/2066		1,038,999
		Ginnie Mae II Pool
	1,155,198	Series 2021-	2.50%	11/20/2051		984,084
		Government National Mortgage Association
	15,821	Series 2004-83^(b)(n)	5.97% - 1M CME TERM SOFR	10/20/2034		396
	15,956	Series 2008-67^(b)	5.89% - 1M CME TERM SOFR	08/20/2038		77
	247,796	Series 2008-69^(b)(n)	7.52% - 1M CME TERM SOFR	08/20/2038		5,269
	26,668	Series 2009-10^(b)(n)	6.54% - 1M CME TERM SOFR	02/16/2039		1,981
	875,402	Series 2009-58^(b)	6.14% - 1M CME TERM SOFR	06/20/2039		47,329

Principal Amount/Description			Rate	Maturity	Value
$	522,193	Series 2009-75	5.00%	09/20/2039	$	529,821
	1,251,278	Series 2010-121^(b)(n)	5.89% - 1M CME TERM SOFR	09/20/2040		111,034
	15,164	Series 2010-61^(b)	6.44% - 1M CME TERM SOFR	09/20/2039		676
	15,769	Series 2010-98^(b)	5.00%	03/20/2039		118
	4,647,287	Series 2010-H20^(b)(n)	1.45%	10/20/2060		158,138
	174,492	Series 2011-69	0.00%	05/20/2041		140,640
	377,451	Series 2011-71^(b)(n)	5.29% - 1M CME TERM SOFR	05/20/2041		29,839
	101,838	Series 2011-72^(b)	6.04% - 1M CME TERM SOFR	05/20/2041		8,555
	586,037	Series 2011-89^(b)(n)	5.34% - 1M CME TERM SOFR	06/20/2041		45,794
	821,346	Series 2013-113^(b)(n)	6.14% - 1M CME TERM SOFR	03/20/2043		29,228
	2,169,201	Series 2013-122^(b)(n)	5.99% - 1M CME TERM SOFR	08/16/2043		210,760
	1,246,846	Series 2013-186^(b)(n)	6.14% - 1M CME TERM SOFR	02/16/2043		74,056
	1,306,273	Series 2014-156^(b)(n)	6.14% - 1M CME TERM SOFR	10/20/2044		148,640
	2,605,456	Series 2014-4^(b)(n)	5.99% - 1M CME TERM SOFR	01/16/2044		249,671
	3,248,524	Series 2014-41^(b)(n)	5.99% - 1M CME TERM SOFR	03/20/2044		290,555
	944,125	Series 2014-5^(b)(n)	6.04% - 1M CME TERM SOFR	07/20/2043		35,967
	1,759,928	Series 2014-95^(b)	6.14% - 1M CME TERM SOFR	06/16/2044		110,289
	3,781,288	Series 2016-H21^(b)(n)	2.66%	09/20/2066		196,261
	7,314,000	Series 2018-19	3.00%	02/20/2048		6,214,935
	3,624,215	Series 2018-97^(b)(n)	6.09% - 1M CME TERM SOFR	07/20/2048		388,184
	7,538,765	Series 2019-22^(b)	5.49% - 1M CME TERM SOFR	02/20/2045		548,668
	13,969,680	Series 2019-90⁽ⁿ⁾	3.00%	05/20/2048		2,212,424
	3,538,597	Series 2019-92^(b)(n)	5.99% - 1M CME TERM SOFR	07/20/2049		380,292
	3,723,557	Series 2019-H18^(b)(n)	1.80%	11/20/2069		254,529
	6,954,564	Series 2020-112^(b)(n)	6.14% - 1M CME TERM SOFR	08/20/2050		756,106
	10,260,174	Series 2020-146^(b)(n)	6.19% - 1M CME TERM SOFR	10/20/2050		1,265,470
	13,429,059	Series 2020-146^(b)(n)	3.64% - 1M CME TERM SOFR	10/20/2050		283,991
	15,105,839	Series 2020-165⁽ⁿ⁾	2.50%	11/20/2050		2,256,247
	9,684,236	Series 2020-167^(b)(n)	3.64% - 1M CME TERM SOFR	11/20/2050		177,354
	14,834,639	Series 2020-167⁽ⁿ⁾	2.50%	11/20/2050		2,129,848
	12,639,395	Series 2020-173⁽ⁿ⁾	2.50%	11/20/2050		1,716,115
	6,568,317	Series 2020-188^(b)	6.19% - 1M CME TERM SOFR	11/20/2050		762,241
	14,177,050	Series 2020-188⁽ⁿ⁾	2.50%	12/20/2050		2,161,236
	14,885,032	Series 2020-191⁽ⁿ⁾	3.50%	12/20/2050		2,801,360
	12,635,199	Series 2021-1	2.50%	01/20/2051		1,880,478
	7,831,223	Series 2021-1^(b)(n)	6.19% - 1M CME TERM SOFR	01/20/2051		935,371
	7,911,302	Series 2021-107^(b)(n)	3.64% - 1M CME TERM SOFR	06/20/2051		175,337
	9,847,704	Series 2021-116⁽ⁿ⁾	3.50%	03/20/2051		1,789,556

Principal Amount/Description			Rate	Maturity	Value
$	12,920,066	Series 2021-138⁽ⁿ⁾	3.00%	08/20/2051	$	1,551,868
	9,826,160	Series 2021-160	2.50%	06/20/2051		1,130,822
	14,757,492	Series 2021-161⁽ⁿ⁾	3.00%	09/20/2051		1,696,216
	18,084,927	Series 2021-177⁽ⁿ⁾	3.00%	10/20/2051		2,399,555
	6,963,787	Series 2021-30⁽ⁿ⁾	2.50%	02/20/2051		1,014,679
	16,114,035	Series 2021-52^(b)	0.72%	04/16/2063		851,873
	18,104,907	Series 2021-59^(b)(n)	2.60% - 30D US SOFR	04/20/2051		47,797
	10,220,900	Series 2021-7⁽ⁿ⁾	2.50%	01/20/2051		1,463,984
	10,207,055	Series 2021-76	3.00%	08/20/2050		1,704,786
	11,633,163	Series 2021-77⁽ⁿ⁾	3.00%	07/20/2050		1,837,785
	12,043,009	Series 2021-77	2.50%	05/20/2051		1,494,089
	9,379,595	Series 2021-77^(b)	3.64% - 1M CME TERM SOFR	05/20/2051		191,395
	4,737,016	Series 2021-89^(b)(n)	3.64% - 1M CME TERM SOFR	05/20/2051		102,476
	7,136,738	Series 2021-97^(b)(n)	3.64% - 1M CME TERM SOFR	06/20/2051		153,134
	22,653,195	Series 2021-97^(b)(n)	2.60% - 30D US SOFR	06/20/2051		141,249
	12,804,769	Series 2021-H08^(b)	0.55%	05/20/2071		372,272
	29,355,735	Series 2022-1^(b)(n)	2.65% - 30D US SOFR	01/20/2052		102,736
	14,005,510	Series 2022-137⁽ⁿ⁾	3.00%	01/20/2052		1,775,616
	18,471,693	Series 2022-174	3.50%	05/20/2051		15,735,394
	18,812,234	Series 2022-207⁽ⁿ⁾	3.00%	08/20/2051		3,222,807
	25,296,061	Series 2022-48^(b)(n)	0.71%	01/16/2064		1,473,081
	15,202,036	Series 2022-83⁽ⁿ⁾	2.50%	11/20/2051		2,153,115
	11,616,944	Series 2024-48	2.50%	10/20/2051		1,643,247
	13,816,866	Series 2025-48⁽ⁿ⁾	2.50%	06/20/2051		2,019,128
	18,297,459	Series 2025-59	2.50%	06/20/2051		2,675,736
	15,861,868	Series 2025-62⁽ⁿ⁾	2.50%	10/20/2051		1,928,367
		GS Mortgage-Backed Securities Corp. Trust
	1,454,000	Series 2025-NQM6^(b)(h)	6.60%	11/25/2029		1,455,428
	687,000	Series 2025-NQM6^(b)(h)	7.40%	11/25/2029		683,836
		GSR Mortgage Loan Trust
	859,434	Series 2006-2F	5.25%	02/25/2036		291,406
	1,396,636	Series 2007-2F	6.00%	03/25/2037		638,299
	623,402	Series 2007-AR2^(b)	4.05%	05/25/2037		318,299
		Impac CMB Trust
	32,295	Series 2004-10^(b)	1M CME TERM SOFR + 0.81%	03/25/2035		30,711
		Imperial Fund Mortgage Trust
	1,000,000	Series 2021-NQM4^(b)(h)	3.45%	01/25/2057		798,162
		IndyMac IMJA Mortgage Loan Trust
	948,342	Series 2007-A1	6.00%	08/25/2037		329,525
		IndyMac IMSC Mortgage Loan Trust
	4,704,638	Series 2007-F2	6.50%	07/25/2037		1,366,433
		JP Morgan Alternative Loan Trust
	134,483	Series 2005-S1	6.00%	12/25/2035		87,198
	10,978	Series 2006-S3⁽ⁱ⁾	6.62%	08/25/2036		12,242
		JP Morgan Mortgage Trust
	740,819	Series 2007-S3	6.00%	07/25/2037		309,299
		JP Morgan Resecuritization Trust
	385,953	Series 2011-1^(b)(h)	6.00%	06/26/2037		319,763
	1,402,152	Series 2014-6^(b)(h)	1M CME TERM SOFR + 0.32%	07/27/2046		1,391,335

Principal Amount/Description			Rate	Maturity	Value
		Lehman Mortgage Trust
$	352,006	Series 2006-6	5.50%	10/25/2036	$	222,600
	3,840,808	Series 2006-7^(b)	1M CME TERM SOFR + 0.36%	11/25/2036		205,517
	3,840,808	Series 2006-7^(b)(n)	7.64% - 1M CME TERM SOFR	11/25/2036		205,742
	1,171,638	Series 2006-8^(b)	1M CME TERM SOFR + 0.53%	12/25/2036		219,226
	1,171,638	Series 2006-8^(b)(n)	6.47% - 1M CME TERM SOFR	12/25/2036		119,570
		Merrill Lynch Alternative Note Asset Trust
	687,842	Series 2007-F1	6.00%	03/25/2037		57,894
		Morgan Stanley Mortgage Loan Trust
	704,136	Series 2005-3AR^(b)	4.76%	07/25/2035		566,184
	2,034,709	Series 2006-11	6.00%	08/25/2036		1,170,003
	458,220	Series 2006-7^(b)	5.04%	06/25/2036		228,657
	555,512	Series 2006-7	6.00%	06/25/2036		220,846
		New Residential Mortgage Loan Trust
	2,000,000	Series 2025-NQM5^(b)(h)	7.40%	08/25/2065		1,990,706
	2,404,000	Series 2026-NQM6^(b)(h)	6.49%	05/25/2066		2,364,864
		Nomura Asset Acceptance Corp. Alternative Loan Trust
	861,816	Series 2005-AP3^(b)	5.32%	08/25/2035		366,887
		OBX
	600,000	Series 2025-NQM23^(b)(h)	5.67%	12/25/2029		597,906
		PR Mortgage Loan Trust
	4,463,692	Series 2014-1^(b)(h)	5.86%	09/25/2047		4,119,139
		Prime Mortgage Trust
	25	Series 2006-1	5.50%	06/25/2036		25
		PRKCM
	2,703,000	Series 2026-AFC3^(b)(h)	6.32%	04/25/2030		2,641,712
		PRPM
	800,000	Series 2025-NQM6^(b)(h)	6.96%	12/25/2070		793,371
		PRPM LLC
	3,400,000	Series 2025-7^(h)(i)	7.45%	08/25/2028		3,389,997
	6,500,000	Series 2025-8^(h)(i)	7.20%	10/25/2028		6,476,782
		Residential Accredit Loans, Inc.
	2,996,971	Series 2006-QA5^(b)	1M CME TERM SOFR + 0.55%	07/25/2036		888,853
	860,169	Series 2006-QS10	6.50%	08/25/2036		769,964
	227,639	Series 2006-QS6	6.00%	06/25/2036		189,299
	536,431	Series 2006-QS7	6.00%	06/25/2036		427,850
	28,201	Series 2006-QS7^(b)	1M CME TERM SOFR + 0.51%	06/25/2036		20,619
	36,127	Series 2006-QS8^(b)	1M CME TERM SOFR + 0.56%	08/25/2036		28,495
	108,380	Series 2006-QS8^(b)(n)	5.44% - 1M CME TERM SOFR	08/25/2036		6,990
	3,745	Series 2007-QS6^(b)	54.05% - 1M CME TERM SOFR	04/25/2037		5,347
	333,831	Series 2007-QS9	6.50%	07/25/2037		275,454
	156,817	Series 2008-QR1	6.00%	08/25/2036		128,508
		Residential Asset Securitization Trust
	379,123	Series 2006-A1	6.00%	04/25/2036		147,558
	863,599	Series 2006-A2	6.00%	05/25/2036		301,540
	896,502	Series 2006-A6	6.50%	07/25/2036		216,848
	243,132	Series 2006-A8	6.00%	08/25/2036		166,449

Principal Amount/Description			Rate	Maturity	Value
$	147,702	Series 2006-A8	6.50%	08/25/2036	$	37,602
	312,719	Series 2006-A8^(b)(n)	5.79% - 1M CME TERM SOFR	08/25/2036		21,752
	1,321,319	Series 2007-A1	6.00%	03/25/2037		391,280
	54,901	Series 2007-A6	6.00%	06/25/2037		26,272
	2,502,126	Series 2007-A7	6.00%	07/25/2037		857,419
		Residential Funding Mortgage Securities I Trust
	249,823	Series 2006-S3	5.50%	03/25/2036		199,245
	57,294	Series 2006-S6	6.00%	07/25/2036		49,761
	163,418	Series 2007-S3	6.00%	03/25/2037		116,969
	85,887	Series 2007-S6	6.00%	06/25/2037		69,284
		Residential Mortgage Loan Trust
	3,250,000	Series 2020-1^(b)(h)	4.67%	01/26/2060		3,023,681
		Sequoia Mortgage Trust
	694,038	Series 2007-3^(b)	4.02%	07/20/2037		527,953
		Structured Asset Securities Corp.
	100,606	Series 2005-RF1^(b)(h)	1M CME TERM SOFR + 0.46%	03/25/2035		91,865
	100,606	Series 2005-RF1^(b)(h)(n)	0.73%	03/25/2035		92
		TBW Mortgage-Backed Trust
	1,393,347	Series 2006-2	7.00%	07/25/2036		173,704
		Verus Securitization Trust
	1,500,000	Series 2021-4^(b)(h)	2.20%	07/25/2066		1,082,345
	1,400,000	Series 2021-6^(b)(h)	4.05%	10/25/2066		1,136,839
	2,000,000	Series 2021-7^(b)(h)	4.19%	10/25/2066		1,558,375
	1,000,000	Series 2024-5^(b)(h)	7.79%	06/25/2069		1,006,065
	1,000,000	Series 2024-7^(b)(h)	7.79%	09/25/2069		1,005,649
	1,196,000	Series 2025-11^(b)(h)	7.22%	11/25/2070		1,205,466
	3,474,000	Series 2025-12^(b)(h)	6.56%	12/25/2070		3,474,066
	5,639,000	Series 2025-12^(b)(h)	7.08%	12/25/2070		5,666,507
	1,600,000	Series 2025-4^(b)(h)	7.46%	05/25/2070		1,612,891
	2,121,000	Series 2025-6^(b)(h)	7.33%	07/25/2029		2,140,861
	2,100,000	Series 2025-9^(b)(h)	7.37%	10/27/2070		2,122,875
	1,183,000	Series 2025-R2^(b)(h)	5.88%	07/25/2067		1,167,608
	2,500,000	Series 2026-1^(b)(h)	6.97%	01/25/2071		2,446,590
	3,400,000	Series 2026-5^(b)(h)	6.70%	05/25/2071		3,302,481
		Wachovia Mortgage Loan Trust, LLC Series Trust
	38,594	Series 2005-B^(b)	6.74%	10/20/2035		37,368
		Washington Mutual Alternative Mortgage Pass-Through Certificates
	29,406	Series 2005-9	5.50%	11/25/2035		24,233
	259,040	Series 2006-5	6.00%	07/25/2036		185,928
		Wells Fargo Alternative Loan Trust
	155,152	Series 2007-PA2^(b)	1M CME TERM SOFR + 0.54%	06/25/2037		138,618
	155,152	Series 2007-PA2^(b)(n)	5.96% - 1M CME TERM SOFR	06/25/2037		14,876
	163,711	Series 2007-PA3	6.25%	07/25/2037		144,857
						293,354,078

TOTAL U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES
(Cost $352,961,006)						293,354,078

Shares/Description			Value
Warrants - 0.00%^(c)
*United States - 0.00%^(c)*
	64,870	PERSHING SQUARE SPARC HOLDINGS, Strike Price 0.01, Expires 12/31/2049^(f)	$	–

TOTAL WARRANTS
(Cost $0)				–

Shares/Description			Value
Short-Term Investments - 2.52%
Money Market Fund - 2.52%
	22,268,153	State Street Institutional Treasury Money Market Fund Premier Class (7 Day Yield 3.59%)		22,268,153

TOTAL SHORT-TERM INVESTMENTS
(Cost $22,268,153)				22,268,153

TOTAL INVESTMENTS - 99.47%
(Cost $971,730,855)			$	879,604,258
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.53%				4,707,721
NET ASSETS - 100.00%			$	884,311,979

Investment Abbreviations:

CME- Chicago Mercantile Exchange

LLC - Limited Liability Company

LP - Limited Partnership

OBFR - Overnight Bank Funding Rate

SOFR - Secured Overnight Financing Rate Data

SOFRINDX- US SOFR Secured Overnight Financing Rate Compounded Index

TI - Treasury Index

Rates:

1M CME SOFR - 1 Month CME SOFR as of June 30, 2026 was 3.65%

3M CME SOFR - 3 Month CME SOFR as of June 30, 2026 was 3.73%

SOFRINDX- US SOFR Secured Overnight Financing Rate as of June 30, 2026 was 1.25%

1D SOFR - 1Day SOFR as of June 30, 2026 was 3.68%

30D SOFR - 30 Day SOFR as of June 30, 2026 was 3.63%

1Y US TI - 1 Year TI as of June 30, 2026 was 3.98%

5Y US TI - 5 Year TI as of June 30, 2026 was 4.19%

^(a)	Security has no contractual maturity date, is not redeemable and contractually pays an indefinite stream of interest.
^(b)	Variable rate investment. Interest rates reset periodically. Interest rate shown reflects the rate in effect at June 30, 2026. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.
^(c)	Less than 0.005%.
^(d)	Non-income producing security.

^(e)	Security does not have a market value or rate. Security will not be entitled to distributions in respect of principal or interest other than excess interest paid with respect to the mortgage loans.
^(f)	The Level 3 assets were a result of unavailable quoted prices from an active market or the unavailability of other significant observable inputs.
^(g)	Affiliated company. See Notes to Quarterly Schedule of Investments.
^(h)	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. Total fair value of Rule 144A securities amounts to $322,957,021, which represents approximately 36.52% of net assets as of June 30, 2026.
⁽ⁱ⁾	Step up bond. Coupon changes periodically based upon a predetermined schedule. Interest rate disclosed is that which is in effect at June 30, 2026.
^(j)	Securities were purchased pursuant to Regulation S under the Securities Act of 1933, as amended, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, as amended, or pursuant to an exemption from registration. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees. As of June 30, 2026, the aggregate fair value of those securities was $7,950,686, representing 0.90% of net assets.
^(k)	Issued with a zero coupon. Income is recognized through the accretion of discount.
^(l)	Pay-in-kind securities. Rate paid in-kind is shown in parenthesis.
^(m)	Security is currently in default.
⁽ⁿ⁾	Interest only securities.
^(o)	Principal amount of security is adjusted for inflation.

See Notes to Quarterly Schedule of Investments.

Futures Contracts:

Description	Contracts		Expiration Date	Notional Value		Value and Unrealized Appreciation/(Depreciation)
US Long Bond Future		25	September 2026	$	2,837,500	$	35,077
US Ultra T-Bond		7	September 2026		813,094		12,020
				$	3,650,594	$	47,097

Futures Contracts Sold:

Description	Contracts (Short)			Expiration Date	Notional Value		Value and Unrealized Appreciation/(Depreciation)
10-Yr U.S. Treasury Note Futures		(145	)	September 2026	$	16,307,969	$	(224,333	)
US 5Yr Note Future		(20	)	September 2026		2,140,938		(6,099	)
					$	18,448,907	$	(230,432	)

Over-the-Counter Total Return Bullet Swap Contracts:

Reference Entity/Obligation	Counterparty	Pay Notional Amount		Financing Rate	Termination Date	Receive Notional Amount		Value and Unrealized Appreciation / (Depreciation)
Carlyle Secured Lending, Inc.	TD Cowen	$	3,390,995	OBFR + 0.45%	1/24/28	$	2,772,296	$	(618,699	)
FS Specialty Lending Fund.	TD Cowen		3,077,500	OBFR + 0.45%	1/24/28		2,787,500		(290,000	)
Oaktree Specialty Lending Corp.	TD Cowen		998,592	OBFR + 0.45%	1/24/28		927,153		(71,439	)
		$	7,467,087			$	6,486,949	$	(980,138	)

RiverNorth/Oaktree High Income Fund

SCHEDULE OF INVESTMENTS

June 30, 2026 (Unaudited)

Shares/Description			Value
Closed-End Funds - 3.18%
*United States - 3.18%*
	101,370	BlackRock Corporate High Yield Fund, Inc.	$	867,727
	169,422	Credit Suisse High Yield Credit Fund		301,571
	44,950	Neuberger High Yield Strategies Fund, Inc.		280,488
	59,882	Saba Capital Income & Opportunities Fund		393,425

TOTAL CLOSED-END FUNDS
(Cost $1,896,505)				1,843,211

Common Stocks - 1.08%
*United States - 1.08%*
	24,400	Blue Owl Capital Corp.		265,228
	25,000	Blue Owl Technology Finance Corp.		258,750
	3,304	PHI Group, Inc.^(a)		102,424

TOTAL COMMON STOCKS
(Cost $694,721)				626,402

Principle Amount/Description			Rate	Maturity	Value
HIGH YIELD DEBT- 92.23%
Australia - 0.92%
$	14,000	Mineral Resources, Ltd.^(b)	9.25%	10/01/2028		14,461
	330,000	Mineral Resources, Ltd.^(b)	8.50%	05/01/2030		340,948
	185,000	Nufarm Australia, Ltd. / Nufarm Americas, Inc.^(b)	5.00%	01/27/2030		176,763
						532,172
Bermuda - 0.28%
	170,000	Seadrill Finance, Ltd.^(b)	6.75%	07/15/2034		164,228

Canada - 2.31%
	265,000	1261229 BC, Ltd.^(b)	10.00%	04/15/2032		268,579
	90,000	Bombardier, Inc.^(b)	8.75%	11/15/2030		95,247
	30,000	Bombardier, Inc.^(b)	7.25%	07/01/2031		31,427
	90,000	Bombardier, Inc.^(b)	7.00%	06/01/2032		93,345
	120,000	Bombardier, Inc.^(b)	6.75%	06/15/2033		124,366
	110,000	Cascades, Inc./Cascades USA, Inc.^(b)	5.38%	01/15/2028		110,107
	123,000	Dye & Durham, Ltd.^(b)	8.63%	04/15/2029		86,310
	15,000	Garda World Security Corp.^(b)	6.50%	01/15/2031		15,219
	170,000	Garda World Security Corp.^(b)	8.38%	11/15/2032		174,084
	320,000	goeasy, Ltd.^(b)	9.25%	12/01/2028		314,424
	25,000	Precision Drilling Corp.^(b)	6.88%	01/15/2029		25,146
						1,338,254
France - 2.92%
	248	Altice France SA^(c)				4,954
	113,820	Altice France SA^(b)	6.50%	10/15/2031		110,407
	259,662	Altice France SA^(b)	6.50%	04/15/2032		251,161
	221,000	Banijay Gaming SAS^(b)	5.13%	12/10/2031		256,936
	65,000	Constellium SE^(b)	6.38%	08/15/2032		66,284
	220,000	Forvia SE	5.50%	06/15/2031		258,038
	220,000	Opal Bidco SAS^(b)	5.50%	03/31/2032		260,037
	200,000	Roquette Freres SA^(d)(e)		Perpetual Maturity		231,908

Principle Amount/Description			Rate	Maturity	Value
$	220,000	Tereos Finance Groupe I SA^(f)	8.13%	04/30/2032	$	252,708
						1,692,433
Germany - 4.51%
	240,000	APCOA GmbH^(b)(d)	3M EUR L + 3.25%	04/15/2031		274,388
	100,000	Cheplapharm Arzneimittel GmbH^(f)	7.50%	05/15/2030		118,578
	100,000	Cheplapharm Arzneimittel GmbH^(b)	7.13%	06/15/2031		117,314
	151,000	CT Investment GmbH^(f)	6.38%	04/15/2030		176,966
	200,000	CTEC II GmbH^(f)	5.25%	02/15/2030		220,612
	205,000	Dynamo Newco II GmbH	6.25%	10/15/2031		222,001
	212,000	IHO Verwaltungs GmbH^(f)(g)	7.00% (7.75%)	11/15/2031		259,491
	210,400	Motel One GmbH^(f)	7.75%	04/02/2031		256,455
	221,000	Nidda Healthcare Holding GmbH^(f)	5.38%	10/23/2030		254,705
	171,000	Techem Verwaltungsgesellschaft 675 mbH^(f)	4.63%	07/15/2032		196,943
	223,000	TUI Cruises GmbH^(f)	5.00%	05/15/2030		258,913
	235,000	WEPA Hygieneprodukte GmbH	4.50%	11/30/2032		263,172
						2,619,538
Great Britain - 4.88%
	225,000	Ardonagh Finco, Ltd.^(f)	6.88%	02/15/2031		259,726
	130,000	California Buyer, Ltd. / Atlantica Sustainable Infrastructure PLC^(b)	5.63%	02/15/2032		151,235
	100,000	CD&R Firefly Bidco PLC^(f)	8.63%	04/30/2029		136,809
	100,000	CD&R Firefly Bidco PLC^(b)	8.63%	04/30/2029		136,808
	217,000	Deuce Finco PLC^(b)	7.00%	11/20/2031		294,659
	217,000	Entain PLC	4.88%	11/30/2031		251,278
	205,000	Heathrow Finance PLC	6.63%	03/01/2031		272,757
	335,000	Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC^(b)	8.13%	02/15/2032		300,561
	200,000	INEOS Finance PLC^(b)	7.50%	04/15/2029		194,608
	128,000	INEOS Quattro Finance 2 PLC^(f)	6.75%	04/15/2030		123,390
	105,000	INEOS Quattro Finance 2 PLC^(b)	6.75%	04/15/2030		101,219
	40,000	Virgin Media Finance PLC^(b)	5.00%	07/15/2030		30,456
	225,000	Vmed O2 UK Financing I PLC^(b)	4.75%	07/15/2031		185,084
	200,000	Vmed O2 UK Financing I PLC^(b)	7.75%	04/15/2032		180,878
	210,000	Vmed O2 UK Financing I PLC	5.63%	04/15/2032		211,488
						2,830,956
Ireland - 0.69%
	145,000	Adient Global Holdings, Ltd.^(b)	7.50%	02/15/2033		149,664
	216,000	eircom Finance DAC	5.00%	04/30/2031		248,731
						398,395
Italy - 1.87%
	205,000	Dolcetto Holdco SpA^(b)	5.63%	07/14/2032		236,366
	90,000	Fibercop SpA^(b)	6.00%	09/30/2034		87,139
	210,000	Kepler SpA^(b)(d)	3M EUR L + 4.13%	12/18/2029		241,003
	145,000	Neopharmed Gentili SPA^(b)(d)	3M EUR L + 3.25%	06/29/2033		167,760
	150,000	Sammontana Italia SpA^(d)(f)	3M EUR L + 3.75%	10/15/2031		172,898
	165,000	TeamSystem SpA^(b)	5.00%	07/01/2031		182,065
						1,087,231
Japan - 0.90%
	140,000	Nissan Motor Co., Ltd.^(b)	7.50%	07/17/2030		144,413
	145,000	Nissan Motor Co., Ltd.^(b)	7.75%	07/17/2032		150,344
	215,000	Nissan Motor Co., Ltd.^(b)	8.13%	07/17/2035		227,784
						522,541
Jersey - 0.68%
	204,000	B&M European Value Retail PLC	6.50%	11/27/2031		266,959
	135,000	Toucan FinCo, Ltd./Toucan FinCo Can, Inc./Toucan FinCo US LLC^(b)	9.50%	05/15/2030		127,384
						394,343

Principle Amount/Description			Rate	Maturity	Value
Luxembourg - 3.58%
$	100,000	Aegis Lux 1a Sarl^(f)(g)	5.63% (6.375%)	10/29/2031	$	116,263
	132,000	Aegis Lux 1a Sarl^(b)(g)	5.63% (6.375%)	10/29/2031		153,468
	95,000	Albion Financing 1 SARL / Aggreko Holdings, Inc.^(b)	7.00%	05/21/2030		98,430
	120,000	Albion Financing 1 SARL / Aggreko Holdings, Inc.^(f)	5.38%	05/21/2030		141,973
	100,000	Albion Financing 1 SARL / Aggreko Holdings, Inc.^(b)	5.38%	05/21/2030		118,310
	228,000	Arena Luxembourg Finance Sarl^(b)	4.50%	06/30/2031		262,769
	245,000	Eurofins Scientific SE^(d)(e)	3M EUR L + 3.19%	Perpetual Maturity		294,861
	219,000	Froneri Lux FinCo SARL^(f)	4.75%	08/01/2032		244,457
	167,625	LHMC Finco 2 Sarl^(f)(g)	8.63% (9.375%)	05/15/2030		197,642
	165,000	Luna 2 5 SARL^(b)	5.50%	07/01/2032		191,755
	100,000	Sani/Ikos Financial Holdings 1 Sarl^(f)	7.25%	07/31/2030		118,719
	100,000	Sani/Ikos Financial Holdings 1 Sarl^(b)	7.25%	07/31/2030		118,718
	16,000	Telecom Italia Capital SA	6.38%	11/15/2033		16,751
	5,000	Telecom Italia Capital SA	7.20%	07/18/2036		5,481
						2,079,597
Netherlands - 1.74%
	110,000	Flora Food Management BV^(b)	6.88%	07/02/2029		122,952
	138,000	Nouryon Finance BV^(b)	6.13%	07/15/2031		160,314
	100,000	Odido Group Holding BV^(f)	5.50%	01/15/2030		115,284
	215,000	Sunrise FinCo I BV^(f)	4.63%	05/15/2032		246,368
	200,000	Telefonica Europe BV^(d)(e)		Perpetual Maturity		242,174
	100,000	Telefonica Europe BV^(d)(e)	8Y EUR SWAP + 3.62%	Perpetual Maturity		125,803
						1,012,895
Spain - 0.63%
	100,000	Eroski S Coop^(f)	5.75%	05/15/2031		119,204
	113,000	Eroski S Coop^(b)	5.75%	05/15/2031		134,701
	100,000	Gestamp Automocion SA^(f)	4.38%	10/15/2030		114,592
						368,497
United States - 66.32%
	15,000	Acadia Healthcare Co., Inc.^(b)	5.00%	04/15/2029		14,776
	155,000	Acadia Healthcare Co., Inc.^(b)	7.38%	03/15/2033		159,754
	95,000	ACCO Brands Corp.^(b)	4.25%	03/15/2029		88,569
	210,000	ADT Security Corp.^(b)	5.88%	10/15/2033		206,451
	25,000	Advance Auto Parts, Inc.^(b)	7.00%	08/01/2030		25,649
	210,000	Advance Auto Parts, Inc.^(b)	7.38%	08/01/2033		217,798
	150,000	Ahead DB Holdings LLC^(b)	6.63%	05/01/2028		150,648
	150,000	Alaska Airlines, Inc.^(b)	6.50%	06/01/2031		150,975
	215,000	Albertsons Cos. Inc / Safeway, Inc. / New Albertsons LP / Albertsons LLC^(b)	5.63%	03/31/2032		207,980
	275,000	Allied Universal Holdco LLC^(b)	7.88%	02/15/2031		287,628
	200,000	Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl^(b)	4.63%	06/01/2028		196,699
	70,000	Alpha Generation LLC^(b)	6.75%	10/15/2032		71,320
	85,000	Alpha Generation LLC^(b)	6.25%	01/15/2034		83,693
	4,000	AMC Global Media, Inc.	4.25%	02/15/2029		3,540
	74,000	AMC Global Media, Inc.^(b)	10.50%	07/15/2032		76,114
	75,000	American Airlines, Inc.^(b)	7.25%	02/15/2028		75,977
	230,000	AmeriGas Partners LP / AmeriGas Finance Corp.^(b)	9.38%	06/01/2028		235,319
	120,000	AmeriGas Partners LP / AmeriGas Finance Corp.^(b)	6.88%	06/01/2031		121,575
	145,000	Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp.^(b)	7.00%	04/15/2030		146,644

Principle Amount/Description			Rate	Maturity	Value
$	195,000	Anywhere Real Estate Group LLC / Realogy Co.-Issuer Corp.^(b)	5.75%	01/15/2029	$	194,089
	170,000	Arches Buyer, Inc.^(b)	4.25%	06/01/2028		166,698
	232,000	Arches Buyer, Inc.^(b)	6.13%	12/01/2028		228,694
	65,000	Arsenal AIC Parent LLC^(b)	8.00%	10/01/2030		67,824
	80,000	Ascent Resources Utica Holdings LLC / ARU Finance Corp.^(b)	6.63%	07/15/2033		80,949
	120,000	Asurion LLC/ Asurion Co.-Issuer, Inc.^(b)	8.00%	12/31/2032		121,005
	85,000	Avient Corp.^(b)	7.13%	08/01/2030		86,624
	100,000	Beach Acquisition Bidco LLC^(f)	5.25%	07/15/2032		116,523
	165,000	Beach Acquisition Bidco LLC^(b)	5.25%	07/15/2032		192,263
	105,000	Beacon Mobility Corp.^(b)	7.25%	08/01/2030		109,373
	310,000	BellRing Brands, Inc.^(b)	7.00%	03/15/2030		310,177
	60,000	Big River Steel LLC / BRS Finance Corp.^(b)	6.63%	01/31/2029		60,116
	90,000	BioMarin Pharmaceutical, Inc.^(b)	5.50%	02/15/2034		88,478
	387,000	BlackRock TCP Capital Corp.	6.95%	05/30/2029		384,170
	200,000	Block Communications, Inc.^(b)	10.25%	03/01/2031		183,092
	165,000	Bloomin' Brands, Inc. / OSI Restaurant Partners LLC^(b)	5.13%	04/15/2029		157,362
	105,000	Blue Racer Midstream LLC / Blue Racer Finance Corp.^(b)	7.00%	07/15/2029		107,687
	60,000	Blue Racer Midstream LLC / Blue Racer Finance Corp.^(b)	7.25%	07/15/2032		62,110
	269,000	BlueLinx Holdings, Inc.^(b)	6.00%	11/15/2029		266,361
	205,000	Boots Group Finco LP^(b)	5.38%	08/31/2032		241,060
	45,000	Buckeye Partners LP^(b)	4.50%	03/01/2028		44,571
	105,000	Buckeye Partners LP^(b)	6.88%	07/01/2029		107,249
	190,000	California Resources Corp.^(b)	7.00%	01/15/2034		188,012
	115,000	California Resources Corp.^(b)	7.25%	01/15/2035		114,159
	100,000	Caturus Energy LLC^(b)	7.13%	05/15/2031		99,063
	175,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(b)	6.38%	09/01/2029		174,923
	120,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(b)	4.75%	03/01/2030		113,841
	145,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(b)	7.38%	03/01/2031		145,446
	120,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(b)	7.00%	02/01/2033		117,782
	250,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(b)	4.50%	06/01/2033		217,096
	240,000	CCO Holdings LLC / CCO Holdings Capital Corp.^(b)	4.25%	01/15/2034		203,402
	55,000	Celanese US Holdings LLC	7.00%	02/15/2031		56,648
	265,000	Celanese US Holdings LLC	6.75%	04/15/2033		270,096
	145,000	Celanese US Holdings LLC	7.38%	02/15/2034		149,911
	145,000	Century Communities, Inc.^(b)	6.63%	09/15/2033		146,535
	35,000	Chart Industries, Inc.^(b)	9.50%	01/01/2031		36,671
	75,000	Chobani LLC / Chobani Finance Corp., Inc.^(b)	6.38%	04/15/2034		76,167
	40,000	CHS/Community Health Systems, Inc.^(b)	6.00%	01/15/2029		39,627
	165,000	CHS/Community Health Systems, Inc.^(b)	5.25%	05/15/2030		155,808
	153,000	CHS/Community Health Systems, Inc.^(b)	10.88%	01/15/2032		164,963
	45,000	CHS/Community Health Systems, Inc.^(b)	9.75%	01/15/2034		47,040
	10,000	Churchill Downs, Inc.^(b)	4.75%	01/15/2028		9,909
	55,000	Churchill Downs, Inc.^(b)	5.75%	04/01/2030		54,978
	100,000	Churchill Downs, Inc.^(b)	6.75%	05/01/2031		101,874
	65,000	Clear Channel Outdoor Holdings, Inc.^(b)	7.88%	04/01/2030		67,754
	195,000	Clear Channel Outdoor Holdings, Inc.^(b)	7.50%	03/15/2033		205,457
	125,000	Cleveland-Cliffs, Inc.^(b)	7.00%	03/15/2032		124,168
	275,000	Cloud Software Group, Inc.^(b)	6.50%	03/31/2029		267,031
	210,000	Cloud Software Group, Inc.^(b)	8.25%	06/30/2032		196,973

Principle Amount/Description			Rate	Maturity	Value
$	35,000	Cloud Software Group, Inc.^(b)	6.63%	08/15/2033	$	30,372
	85,000	Clydesdale Acquisition Holdings, Inc.^(b)	6.63%	04/15/2029		84,959
	35,000	Clydesdale Acquisition Holdings, Inc.^(b)	6.88%	01/15/2030		34,914
	90,000	Cogent Communications Group LLC / Cogent Finance, Inc.^(b)	7.00%	06/15/2027		89,459
	45,000	Cogent Communications Group LLC / Cogent Finance, Inc.^(b)	7.00%	06/15/2027		44,697
	44,000	Cogent Communications Group LLC / Cogent Finance, Inc.^(b)	6.50%	07/01/2032		39,644
	50,000	Columbus McKinnon Corp.^(b)	7.13%	02/01/2033		50,146
	115,000	Commercial Metals Co.	5.75%	11/15/2033		114,383
	90,000	Commercial Metals Co.^(b)	6.00%	12/15/2035		89,815
	83,000	Comstock Resources, Inc.^(b)	6.75%	03/01/2029		81,544
	45,000	Comstock Resources, Inc.^(b)	5.88%	01/15/2030		42,471
	65,000	Coty, Inc./HFC Prestige Products Inc/HFC Prestige International US LLC^(b)	6.63%	07/15/2030		65,063
	225,000	Cougar JV Subsidiary LLC^(b)	8.00%	05/15/2032		235,994
	250,000	CQP Holdco LP / BIP-V Chinook Holdco LLC^(b)	7.50%	12/15/2033		261,462
	190,000	CRC Insurance Group LLC^(b)	7.13%	06/01/2031		189,507
	115,000	CrossCountry Intermediate HoldCo LLC^(b)	6.50%	10/01/2030		113,491
	45,000	CrossCountry Intermediate HoldCo LLC^(b)	6.75%	12/01/2032		43,488
	325,000	CSC Holdings LLC^(b)	5.50%	04/15/2027		218,029
	115,000	CSC Holdings LLC^(b)	5.75%	01/15/2030		27,241
	25,000	CSC Holdings LLC^(b)	5.00%	11/15/2031		5,906
	12,000	Cushman & Wakefield US Borrower LLC^(b)	6.75%	05/15/2028		12,017
	110,000	Cushman & Wakefield US Borrower LLC^(b)	8.88%	09/01/2031		115,516
	103,000	CVR Energy, Inc.^(b)	5.75%	02/15/2028		103,039
	35,000	CVR Energy, Inc.^(b)	7.50%	02/15/2031		34,859
	90,000	Cyprium Corp. / Cyprium Holdings Luxembourg Sarl^(b)	6.38%	04/15/2034		90,045
	185,000	DaVita, Inc.^(b)	6.88%	09/01/2032		190,900
	60,000	DaVita, Inc.^(b)	6.75%	07/15/2033		61,947
	156,000	Dcli Bidco LLC^(b)	7.75%	11/15/2029		161,439
	180,000	Diebold Nixdorf, Inc.^(b)	7.75%	03/31/2030		187,906
	50,000	Directv Financing LLC^(b)	8.88%	02/01/2030		50,950
	13,000	Directv Financing LLC / Directv Financing Co.-Obligor, Inc.^(b)	5.88%	08/15/2027		12,989
	145,000	Discovery Global Holdings, Inc.	5.05%	03/15/2042		106,404
	115,000	Dorman Products, Inc.^(b)	6.25%	06/15/2034		116,465
	85,000	Endo Finance Holdings LP^(b)	8.50%	04/15/2031		89,395
	130,000	EQT Corp.	4.75%	01/15/2031		128,830
	80,000	EquipmentShare.com, Inc.^(b)	8.00%	03/15/2033		81,965
	120,000	EquipmentShare.com, Inc.^(b)	7.13%	07/01/2034		118,055
	95,000	EZCORP, Inc.^(b)	7.38%	04/01/2032		99,805
	145,000	Fair Isaac Corp.^(b)	6.25%	09/15/2034		142,911
	50,000	Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.^(b)	6.75%	01/15/2030		49,070
	155,000	Fiesta Purchaser, Inc.^(b)	7.88%	03/01/2031		156,455
	130,000	Fiesta Purchaser, Inc.^(b)	9.63%	09/15/2032		127,667
	10,000	FirstCash, Inc.^(b)	4.63%	09/01/2028		9,836
	170,000	FirstCash, Inc.^(b)	5.63%	01/01/2030		169,107
	50,000	FirstCash, Inc.^(b)	6.88%	03/01/2032		51,442
	55,000	Five Point Operating Co. LP^(b)	8.00%	10/01/2030		56,344
	100,000	FMC Corp.^(b)	8.00%	06/01/2031		104,149
	45,000	Ford Motor Credit Co. LLC	6.50%	02/07/2035		46,105
	70,000	Ford Motor Credit Co. LLC	5.87%	10/31/2035		68,576
	600,000	Franklin BSP Capital Corp.	7.20%	06/15/2029		614,417
	35,000	Freedom Mortgage Corp.^(b)	12.25%	10/01/2030		37,789

Principle Amount/Description			Rate	Maturity	Value
$	140,000	Freedom Mortgage Holdings LLC^(b)	9.13%	05/15/2031	$	144,921
	40,000	Freedom Mortgage Holdings LLC^(b)	8.38%	04/01/2032		40,717
	200,000	FS KKR Capital Corp.	6.88%	08/15/2029		200,457
	500,000	FS KKR Capital Corp.	6.13%	01/15/2030		487,444
	200,000	FTAI Aviation Investors LLC^(b)	5.50%	05/01/2028		199,636
	3,000	FTAI Aviation Investors LLC^(b)	7.88%	12/01/2030		3,137
	235,000	FTAI Aviation Investors LLC^(b)	7.00%	06/15/2032		243,192
	190,000	Gaia Purchaser, Inc.^(b)	7.63%	07/15/2033		192,297
	130,000	Global Partners LP / GLP Finance Corp.^(b)	7.13%	07/01/2033		131,619
	135,000	Goodyear Tire & Rubber Co.	5.00%	07/15/2029		129,155
	70,000	Goodyear Tire & Rubber Co.	8.88%	07/15/2032		70,654
	145,000	Gray Media, Inc.^(b)	9.63%	07/15/2032		140,074
	195,000	Gray Media, Inc.^(b)	7.25%	08/15/2033		192,182
	120,000	Greystar Real Estate Partners LLC^(b)	7.75%	09/01/2030		125,254
	80,000	Hawaiian Electric Co., Inc.^(b)	6.00%	10/01/2033		79,300
	90,000	Herc Holdings, Inc.^(b)	6.63%	06/15/2029		91,953
	55,000	Herc Holdings, Inc.^(b)	6.00%	03/15/2034		54,691
	250,000	Hilton Domestic Operating Co., Inc.^(b)	5.50%	03/31/2034		247,976
	275,000	Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower, Inc.^(b)	5.00%	06/01/2029		268,760
	130,000	Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower, Inc.^(b)	4.88%	07/01/2031		122,263
	75,000	Howard Midstream Energy Partners LLC^(b)	6.63%	01/15/2034		75,681
	80,000	HUB International, Ltd.^(b)	7.25%	06/15/2030		82,141
	255,000	Hunt Companies, Inc.^(b)	5.25%	04/15/2029		252,800
	55,000	iHeartCommunications, Inc.^(b)	9.13%	05/01/2029		53,415
	15,000	Iron Mountain, Inc.^(b)	5.00%	07/15/2028		14,950
	55,000	Iron Mountain, Inc.^(b)	7.00%	02/15/2029		56,071
	55,000	Iron Mountain, Inc.^(b)	5.25%	07/15/2030		54,211
	200,000	Iron Mountain, Inc.^(b)	6.25%	01/15/2035		201,030
	135,000	JB Poindexter & Co., Inc.^(b)	8.75%	12/15/2031		138,966
	90,000	JetBlue Airways Corp. / JetBlue Loyalty LP^(b)	9.88%	09/20/2031		81,636
	230,000	Kinetik Holdings LP^(b)	6.63%	12/15/2028		233,914
	55,000	Kinetik Holdings LP^(b)	5.88%	06/15/2030		55,345
	80,000	Kodiak Gas Services LLC^(b)	6.50%	10/01/2033		81,138
	70,000	Kraken Oil & Gas Partners LLC^(b)	7.63%	08/15/2029		70,737
	120,000	Kronos International, Inc.^(f)	9.50%	03/15/2029		135,292
	150,000	LBM Acquisition LLC^(b)	6.25%	01/15/2029		109,154
	295,000	LCM Investments Holdings II LLC^(b)	8.25%	08/01/2031		307,558
	370,000	Level 3 Financing, Inc.^(b)	7.00%	03/31/2034		381,776
	55,000	Level 3 Financing, Inc.^(b)	8.50%	01/15/2036		59,105
	250,000	LFS Topco LLC^(b)	8.75%	07/15/2030		251,315
	10,000	LifePoint Health, Inc.^(b)	5.38%	01/15/2029		9,601
	25,000	LifePoint Health, Inc.^(b)	9.88%	08/15/2030		26,373
	130,000	LifePoint Health, Inc.^(b)	8.38%	02/15/2032		135,482
	16,000	LifePoint Health, Inc.^(b)	10.00%	06/01/2032		15,993
	120,000	LifePoint Health, Inc.^(b)	7.00%	05/01/2034		115,102
	158,000	LSF12 Pillar Investments US, Inc.^(b)	5.75%	05/15/2033		179,675
	50,000	Marriott Ownership Resorts, Inc.	4.75%	01/15/2028		49,467
	215,000	Marriott Ownership Resorts, Inc.^(b)	4.50%	06/15/2029		207,588
	65,000	Marriott Ownership Resorts, Inc.^(b)	6.50%	10/01/2033		64,638
	165,000	Matador Resources Co.^(b)	6.00%	04/15/2034		160,961
	235,000	Mativ Holdings, Inc.^(b)	8.00%	10/01/2029		233,579
	110,000	Medline Borrower LP^(b)	5.25%	10/01/2029		109,383
	470,000	MPT Operating Partnership LP / MPT Finance Corp.	5.00%	10/15/2027		456,177

Principle Amount/Description			Rate	Maturity	Value
$	45,000	MPT Operating Partnership LP / MPT Finance Corp.	4.63%	08/01/2029	$	36,206
	65,000	MPT Operating Partnership LP / MPT Finance Corp.^(b)	8.50%	02/15/2032		66,592
	120,000	Nabors Industries, Inc.^(b)	7.63%	11/15/2032		122,857
	80,000	NCL Corp., Ltd.^(b)	7.75%	02/15/2029		83,524
	285,000	NCL Corp., Ltd.^(b)	6.25%	09/15/2033		276,953
	115,000	NCR Atleos Corp.^(b)	9.50%	04/01/2029		122,684
	34,000	NCR Voyix Corp.^(b)	5.13%	04/15/2029		33,188
	35,000	New Enterprise Stone & Lime Co., Inc.^(b)	9.75%	07/15/2028		35,216
	270,000	Newell Brands, Inc.	6.38%	05/15/2030		273,853
	15,000	Nexstar Media, Inc.^(b)	6.50%	09/15/2033		15,009
	55,000	Nexstar Media, Inc.^(b)	7.25%	04/15/2034		54,915
	55,000	Northern Oil & Gas, Inc.	7.88%	10/15/2033		54,689
	260,000	Novelis Corp.^(b)	6.88%	01/30/2030		266,730
	230,000	NRG Energy, Inc.^(b)	3.63%	02/15/2031		213,686
	120,000	NRG Energy, Inc.^(b)	5.88%	05/15/2034		119,426
	150,000	NRG Energy, Inc.^(b)	6.00%	01/15/2036		149,607
	28,000	NuStar Logistics LP	6.38%	10/01/2030		28,948
	50,000	OAK-Eagle Acquireco, Inc.^(b)	7.25%	07/01/2033		52,333
	155,000	Oceaneering International, Inc.	6.00%	02/01/2028		157,613
	115,000	Olympus Water US Holding Corp.^(b)	4.25%	10/01/2028		111,619
	65,000	Olympus Water US Holding Corp.^(b)	6.25%	10/01/2029		64,129
	75,000	Olympus Water US Holding Corp.^(b)	6.75%	08/01/2032		73,335
	95,000	Olympus Water US Holding Corp.^(b)	7.25%	02/15/2033		94,023
	40,000	OneMain Finance Corp.	7.88%	03/15/2030		41,668
	20,000	OneMain Finance Corp.	7.13%	11/15/2031		20,421
	60,000	ONEOK, Inc.	5.05%	04/01/2045		53,060
	270,000	Osaic Holdings, Inc.^(b)	8.00%	08/01/2033		271,198
	115,000	Outfront Media Capital LLC / Outfront Media Capital Corp.^(b)	6.00%	06/15/2034		114,849
	70,000	Owens-Brockway Glass Container, Inc.^(b)	7.25%	05/15/2031		69,264
	105,000	Owens-Brockway Glass Container, Inc.^(b)	7.38%	06/01/2032		100,731
	45,000	Owens-Brockway Glass Container, Inc.^(b)	9.50%	06/01/2033		46,131
	130,000	Par Petroleum LLC^(b)	7.38%	06/01/2034		131,630
	70,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer^(b)	5.88%	10/01/2028		70,010
	45,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer^(b)	7.00%	02/01/2030		46,102
	62,000	Pebblebrook Hotel Trust	1.75%	12/15/2026		61,572
	145,000	Pediatrix Medical Group, Inc.^(b)	5.38%	02/15/2030		143,418
	235,000	PennyMac Financial Services, Inc.^(b)	6.88%	02/15/2033		229,311
	105,000	Perimeter Holdings LLC^(b)	6.25%	01/15/2034		104,871
	280,000	PetSmart LLC / PetSmart Finance Corp.^(b)	7.50%	09/15/2032		280,263
	90,000	Pioneer Opco LLC^(b)	7.00%	05/15/2033		91,697
	435,000	Post Holdings, Inc.^(b)	6.38%	03/01/2033		431,870
	165,000	Quikrete Holdings, Inc.^(b)	6.75%	03/01/2033		168,281
	336,000	QVC, Inc.^(b)(h)	6.88%	04/15/2029		164,640
	80,000	QXO Building Products, Inc.^(b)	6.50%	07/15/2031		81,578
	35,000	QXO Building Products, Inc.^(b)	6.88%	07/15/2034		35,951
	89,000	Railworks Holdings LP / Railworks Rally, Inc.^(b)	8.25%	11/15/2028		89,208
	100,000	RAY Financing LLC^(f)	6.50%	07/15/2031		115,511
	100,000	RAY Financing LLC^(b)	6.50%	07/15/2031		115,511
	120,000	RHP Hotel Properties LP / RHP Finance Corp.^(b)	7.25%	07/15/2028		122,681
	145,000	RHP Hotel Properties LP / RHP Finance Corp.	6.50%	04/01/2032		148,448
	40,000	RLJ Lodging Trust LP^(b)	4.00%	09/15/2029		38,123

Principle Amount/Description			Rate	Maturity	Value
$	20,000	Rocket Cos., Inc.^(b)	7.13%	02/01/2032	$	20,770
	55,000	Rocket Cos., Inc.^(b)	6.38%	08/01/2033		56,002
	75,000	Rocket Mortgage LLC / Rocket Mortgage Co.-Issuer, Inc.^(b)	4.00%	10/15/2033		67,544
	325,000	Rocket Software, Inc.^(b)	9.00%	11/28/2028		323,332
	10,000	Rocket Software, Inc.^(b)	6.50%	02/15/2029		9,013
	135,000	Royal Caribbean Cruises, Ltd.^(b)	6.25%	03/15/2032		138,013
	170,000	Sally Holdings LLC / Sally Capital, Inc.	6.75%	04/01/2032		173,785
	116,000	Service Properties Trust^(b)	8.63%	11/15/2031		122,253
	330,000	Service Properties Trust	8.88%	06/15/2032		339,984
	245,000	Sirius XM Radio LLC^(b)	4.13%	07/01/2030		230,758
	275,000	Sirius XM Radio LLC^(b)	5.88%	04/15/2032		271,948
	55,000	Six Flags Entertainment Corp.^(b)	7.25%	05/15/2031		54,710
	130,000	Six Flags Entertainment Corp. / Canada's Wonderland Co. / Magnum Management Corp	5.25%	07/15/2029		126,712
	105,000	Six Flags Entertainment Corp.'s Wonderland Co./Millennium Operations LLC^(b)	8.63%	01/15/2032		108,186
	112,000	SM Energy Co.^(b)	7.00%	08/01/2032		113,107
	130,000	SM Energy Co.^(b)	6.63%	04/15/2034		128,038
	255,000	Sotera Health Holdings LLC^(b)	7.38%	06/01/2031		264,718
	22,000	Spectrum Brands, Inc.^(b)	3.88%	03/15/2031		19,469
	40,000	Standard Building Solutions, Inc.^(b)	6.50%	08/15/2032		40,268
	235,000	Standard Building Solutions, Inc.^(b)	5.88%	03/15/2034		226,681
	95,000	Stonebriar ABF Issuer LLC^(b)	8.13%	12/15/2030		99,393
	205,000	Suburban Propane Partners LP/Suburban Energy Finance Corp.^(b)	5.00%	06/01/2031		194,436
	35,000	Suburban Propane Partners LP/Suburban Energy Finance Corp.^(b)	6.50%	12/15/2035		33,845
	145,000	Sunoco LP^(b)	7.25%	05/01/2032		150,494
	105,000	Sunoco LP^(b)	6.25%	07/01/2033		105,992
	330,000	Sunoco LP^(b)	5.63%	07/15/2034		322,271
	105,000	Sword Purchaser LLC^(b)	8.25%	04/15/2033		108,711
	135,000	Talen Energy Supply LLC^(b)	6.13%	05/01/2031		135,059
	250,000	Talen Energy Supply LLC^(b)	6.50%	02/01/2036		252,140
	282,000	TMS International Corp.^(b)	6.25%	04/15/2029		282,392
	350,000	TransDigm, Inc.^(b)	6.38%	05/31/2033		353,564
	195,000	TransDigm, Inc.^(b)	6.75%	01/31/2034		200,153
	275,000	TransDigm, Inc.^(b)	6.13%	07/31/2034		274,990
	110,000	Travel + Leisure Co.^(b)	6.25%	06/01/2031		110,749
	15,000	TriNet Group, Inc.^(b)	7.13%	08/15/2031		15,096
	135,000	Uniti Services LLC^(b)	7.50%	10/15/2033		142,162
	10,000	Univision Communications, Inc.^(b)	7.38%	06/30/2030		10,035
	140,000	Univision Communications, Inc.^(b)	9.38%	08/01/2032		142,360
	23,000	Univision Communications, Inc.^(b)	8.88%	04/15/2033		22,657
	95,000	US Foods, Inc.^(b)	7.25%	01/15/2032		98,702
	195,000	USA Compression Partners LP / USA Compression Finance Corp.^(b)	7.13%	03/15/2029		199,836
	85,000	USA Compression Partners LP / USA Compression Finance Corp.^(b)	6.25%	10/01/2033		84,324
	290,000	Venture Global LNG, Inc.^(b)	7.00%	01/15/2030		295,911
	190,000	Venture Global LNG, Inc.^(b)	8.38%	06/01/2031		197,848
	150,000	Venture Global LNG, Inc.^(b)	6.38%	12/15/2034		147,503
	15,000	Venture Global Plaquemines LNG LLC^(b)	6.13%	12/15/2030		15,355
	30,000	Venture Global Plaquemines LNG LLC^(b)	7.50%	05/01/2033		32,939
	145,000	Venture Global Plaquemines LNG LLC^(b)	6.50%	06/15/2034		151,130
	65,000	Venture Global Plaquemines LNG LLC^(b)	7.75%	05/01/2035		72,926
	200,000	Venture Global Plaquemines LNG LLC^(b)	6.75%	01/15/2036		212,156
	40,000	Vistra Operations Co. LLC^(b)	7.75%	10/15/2031		41,866
	140,000	Vistra Operations Co. LLC^(b)	6.88%	04/15/2032		145,059

Principle Amount/Description			Rate	Maturity	Value
$	145,000	VoltaGrid LLC^(b)	7.38%	11/01/2030	$	150,605
	180,000	Walker & Dunlop, Inc.^(b)	6.63%	04/01/2033		182,969
	255,000	Wand NewCo 3, Inc.^(b)	7.63%	01/30/2032		263,887
	160,000	Waste Pro USA, Inc.^(b)	7.00%	02/01/2033		164,127
	125,000	WBI Operating LLC^(b)	6.50%	10/15/2033		125,851
	195,000	Weatherford International, Ltd.^(b)	6.75%	10/15/2033		199,066
	120,000	Weekley Homes LLC / Weekley Finance Corp.^(b)	4.88%	09/15/2028		118,435
	180,000	Weekley Homes LLC / Weekley Finance Corp.^(b)	6.75%	01/15/2034		180,704
	110,000	WESCO Distribution, Inc.^(b)	6.63%	03/15/2032		113,488
	180,000	Western Midstream Operating LP	5.50%	08/15/2048		160,565
	54,000	Whirlpool Corp.	4.75%	02/26/2029		50,436
	70,000	Whirlpool Corp.^(b)	7.50%	07/01/2031		71,011
	185,000	William Carter Co.^(b)	7.38%	02/15/2031		191,353
	70,000	Williams Scotsman, Inc.^(b)	7.38%	10/01/2031		72,518
	225,000	Windsor Holdings III LLC^(b)	8.50%	06/15/2030		234,434
	70,000	Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.^(b)	5.13%	10/01/2029		69,571
	55,000	Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.^(b)	7.13%	02/15/2031		58,155
	20,000	XPLR Infrastructure Operating Partners LP^(b)	8.38%	01/15/2031		21,341
	40,000	XPLR Infrastructure Operating Partners LP^(b)	8.63%	03/15/2033		42,910
	105,000	XPLR Infrastructure Operating Partners LP^(b)	7.75%	04/15/2034		110,578
	134,771	Zayo Group Holdings, Inc.^(b)(g)	9.25% (0.00%)	03/09/2030		134,719
	35,000	ZF North America Capital, Inc.^(b)	6.88%	04/14/2028		35,822
	35,000	ZF North America Capital, Inc.^(b)	7.13%	04/14/2030		35,336
						38,498,192

TOTAL HIGH YIELD DEBT
(Cost $53,583,435)						53,539,272

BUSINESS DEVELOPMENT COMPANY NOTES - 0.13%
United States - 0.13%
$	3,018	MidCap Financial Investment Corp.	8.00%	12/15/2028		76,114

TOTAL BUSINESS DEVELOPMENT COMPANY NOTES
(Cost $76,341)						76,114

Shares/Description			Value
SHORT-TERM INVESTMENTS - 2.06%
Money Market Fund - 2.06%
	1,197,786	State Street Institutional Treasury Money Market Fund Premier Class (7 Day Yield 3.59%)		1,197,786

TOTAL SHORT-TERM INVESTMENTS
(Cost $1,197,786)				1,197,786

TOTAL INVESTMENTS - 98.68%
(Cost $57,448,788)			$	57,282,785
OTHER ASSETS IN EXCESS OF LIABILITIES - 1.32%				766,418
NET ASSETS - 100.00%			$	58,049,203

Investment Abbreviations:

CME - Chicago Mercantile Exchange

EURIBOR - Euro Interbank Offered Rate

LLC - Limited Liability Company

LP - Limited Partnership

PLC - Public Limited Company

SOFR - Secured Overnight Financing Rate Data

Rates:

6M CME TERM - 6 Month CME TERM as of June 30, 2026 was 3.85%

1M SOFR - 1 Month SOFR as of June 30, 2026 was 3.63%

3M SOFR - 3 Month SOFR as of June 30, 2026 was 3.64%

3M EUR L - 3 Month EURIBOR as of June 30, 2026 was 2.32%

8Y EUR SWAP - 8 year Euro ICE Swap Rate as of June 30, 2026 was 2.84%

^(a)	The Level 3 assets were a result of unavailable quoted prices from an active market or the unavailability of other significant observable inputs.
^(b)	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. Total fair value of Rule 144A securities amounts to $41,088,501, which represents approximately 70.78% of net assets as of June 30, 2026.
^(c)	Non-income producing security.
^(d)	Variable rate investment. Interest rates reset periodically. Interest rate shown reflects the rate in effect at June 30, 2026. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.
^(e)	Security has no contractual maturity date, is not redeemable and contractually pays an indefinite stream of interest.
^(f)	Securities were purchased pursuant to Regulation S under the Securities Act of 1933, as amended, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, as amended, or pursuant to an exemption from registration. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees. As of June 30, 2026, the aggregate fair value of those securities was $4,470,020, representing 7.70% of net assets.
^(g)	Pay-in-kind securities. Rate paid in-kind is shown in parenthesis.
^(h)	Security is currently in default.

See Notes to Quarterly Schedule of Investments.

OUTSTANDING FORWARD FOREIGN CURRENCY CONTRACTS

Counterparty	Settlement Date	Fund Receiving	U.S. $ Value at June 30, 2026		Fund Delivering	U.S. $ Value at June 30, 2026		Unrealized Appreciation/ (Depreciation)
WELLS FARGO	7/8/2026	EUR		354,292	USD		358,871	$	(4,579	)
BANK OF MONTREAL	7/8/2026	USD		241,012	EUR		240,004		1,008
BANK OF MONTREAL	7/8/2026	USD		113,440	EUR		114,288		(848	)
BANK OF MONTREAL	7/8/2026	USD		736,869	GBP		727,206		9,663
BANK OF MONTREAL	7/8/2026	USD		154,109	GBP		152,540		1,569
BANK OF MONTREAL	7/8/2026	USD		237,962	GBP		238,759		(797	)
State Street Corporation	7/8/2026	USD		11,209,713	EUR		11,018,916		190,797
WELLS FARGO	7/8/2026	USD		5,047	EUR		4,964		83
WELLS FARGO	7/8/2026	USD		7,922	GBP		7,941		(19	)
								$	196,877

RiverNorth Funds

Notes to Quarterly Schedule of Investments

June 30, 2026 (Unaudited)

1. ORGANIZATION

The RiverNorth Funds (the “Trust” or “Funds”) was established under the laws of Ohio by an Agreement and Declaration of Trust dated July 18, 2006 (the “Trust Agreement”). The Trust is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”). The Trust Agreement permits the Board of Trustees (the “Board” or “Trustees”) to authorize and issue an unlimited number of shares of beneficial interest of a separate series without par value. All classes of shares for each of the Funds have identical rights to earnings, assets and voting privileges, except for class-specific expenses and exclusive rights to vote on matters affecting only individual classes. The Funds are considered investment companies and therefore follow the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic 946 Financial Services Investment Companies.

The RiverNorth/DoubleLine Strategic Income Fund (the “Strategic Income Fund”) is a diversified series of the Trust and commenced investment operations on December 30, 2010. The Strategic Income Fund offers two classes of shares, Class I Shares and Class R Shares. The investment adviser to the Strategic Income Fund is RiverNorth Capital Management, LLC. The Strategic Income Fund’s sub-adviser is DoubleLine Capital, LP (“DoubleLine”). The investment objective of the Strategic Income Fund is current income and overall total return.

The RiverNorth/Oaktree High Income Fund (the “High Income Fund”) is a diversified series of the Trust and commenced investment operations on December 28, 2012. The High Income Fund offers two classes of shares, Class I Shares and Class R Shares. The investment adviser to the High Income Fund is RiverNorth Capital Management, LLC. The High Income Fund’s sub-adviser is Oaktree Capital Management, L.P. (“Oaktree Capital,” and with DoubleLine, each a “Sub-Adviser” or collectively, the “Sub-Advisers”). Effective August 10, 2021, as part of an internal corporate reorganization, Oaktree Capital Management, L.P., the Fund’s previous sub-adviser, transferred its sub-advisory agreement with the High Income Fund to Oaktree Capital. The investment objective of the High Income Fund is overall total return consisting of long-term capital appreciation and income.

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of significant accounting policies followed by the Funds. These policies are in conformity with generally accepted accounting principles in the United States of America (“GAAP”). The financial statements and financial highlights are prepared in accordance with GAAP, which requires management to make estimates and assumptions that affect the reported amounts and disclosures, including the disclosure of contingent assets and liabilities, in the financial statements and financial highlights during the reporting period. Management believes the estimates and security valuations are appropriate; however, actual results may differ from those estimates, and the security valuations reflected in the financial statements and financial highlights may differ from the value the Funds ultimately realize upon sale of the securities. The Schedules of Investments have been prepared as of the close of the New York Stock Exchange (“NYSE”) on June 30, 2026.

Security Valuation: The Funds’ assets and other financial instruments are recorded at their estimated fair value as described in Note 3.

Security Transactions and Related Income: The Funds follow industry practice and record security transactions on the trade date basis. The specific identification method is used for determining gains or losses for financial statements and financial highlights and income tax purposes. Dividend income is recorded on the ex-dividend date or for certain foreign securities, when the information becomes available to the Funds and interest income and expenses are recorded on an accrual basis. Discounts and premiums on securities purchased are amortized or accreted using the effective interest method. Withholding taxes on foreign dividends have been provided for in accordance with the Funds’ understanding of the applicable country’s tax rules and rates. The ability of issuers of debt securities held by the Funds to meet their obligations may be affected by economic and political developments in a specific country or region. Settlement on bank loan transactions may be in excess of seven business days. Interest only stripped mortgage backed securities (“IO Strips”) are securities that receive only interest payments from a pool of mortgage loans. Little to no principal will be received by the Funds upon maturity of an IO Strip. Periodic adjustments are recorded to reduce the cost of the security until maturity, which are included in interest income.

Foreign Currency Translation: The books and records of the Funds are maintained in U.S. dollars. Investment valuations and other assets and liabilities initially expressed in foreign currencies are converted each business day into U.S. dollars based upon current exchange rates. Prevailing foreign exchange rates may generally be obtained at the close of the NYSE (normally, 4:00 p.m. Eastern time). The portion of realized and unrealized gains or losses on investments due to fluctuations in foreign currency exchange rates is not separately disclosed and is included in realized and unrealized gains or losses on investments, when applicable.

Foreign Securities: The Funds may directly purchase securities of foreign issuers. Investing in securities of foreign issuers involves special risks not typically associated with investing in securities of U.S. issuers. The risks include possible revaluation of currencies, the ability to repatriate funds, less complete financial information about companies and possible future adverse political and economic developments. Moreover, securities of many foreign issuers and their markets may be less liquid and their prices more volatile than those of securities of comparable U.S. issuers.

Certain foreign countries impose a capital gains tax which is accrued by the Funds based on the unrealized appreciation, if any, on affected securities. Any accrual would reduce a Fund’s net asset value ("NAV"). The tax is paid when the gain is realized and is included in capital gains tax in the Statements of Operations. During the period ended June 30, 2026, no foreign capital gains tax was accrued or paid by the Fund.

Other: The Funds hold certain investments which pay dividends to their shareholders based upon available funds from operations. It is possible for these dividends to exceed the underlying investments’ taxable earnings and profits resulting in the excess portion of such dividends being designated as a return of capital. Distributions received from investments in securities that represent a return of capital or capital gains are recorded as a reduction of the cost of investments or as a realized gain, respectively.

Principal Investment Risks: All mutual funds carry a certain amount of risk. For more information on the related risks of investing in the Funds please refer to the prospectus of each Fund.

3. SECURITIES VALUATION AND FAIR VALUE Measurements

The Funds value their investments at fair value. Fair value is defined as the price that a Fund might reasonably expect to receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. GAAP establishes a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes.

Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. For example, the risk inherent in a particular valuation technique used to measure fair value including using such a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.

Various inputs are used in determining the value of the Funds’ investments. These inputs are summarized in the three broad levels listed below.

●

Level 1 – Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that a Fund has the ability to access at the measurement date;

●

Level 2 – Quoted prices which are not active, quoted prices for similar assets or liabilities in active markets or inputs other than quoted prices that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and

●

Level 3 – Significant unobservable prices or inputs (including the Funds’ own assumptions in determining the fair value of investments) where there is little or no market activity for the asset or liability at the measurement date.

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

Effective September 8, 2022, and pursuant to the requirements of Rule 2a-5 under the 1940 Act, the Board approved updated valuation procedures for the Funds and designated the Adviser as the Funds’ valuation designee to make all fair valuation determinations with respect to the Fund's portfolio investments, subject to the Board's oversight.

Equity securities, including common stocks, warrants, closed-end funds, exchange-traded funds, preferred stocks and business development companies, are generally valued by using market quotations, but may be valued on the basis of prices furnished by a pricing service when the Adviser believes such prices more accurately reflect the fair market value of such securities. Securities that are traded on any stock exchange are generally valued by the pricing service at the last quoted sale price. Lacking a last sale price, an exchange traded security is generally valued by the pricing service at its last bid price. Securities traded in the NASDAQ over-the-counter market are generally valued by the pricing service at the NASDAQ Official Closing Price. When using the market quotations or close prices provided by the pricing service and when the market is considered active, the security will be classified as a Level 1 security. Sometimes, an equity security owned by the Funds will be valued by the pricing service with factors other than market quotations or when the market is considered inactive. When this happens, the security will be classified as a Level 2 security. When market quotations are not readily available, when the Adviser determines that the market quotation or the price provided by the pricing service does not accurately reflect the current fair value, or when restricted or illiquid securities are being valued, such securities are valued as determined in good faith by the Adviser in conformity with guidelines adopted by and subject to review by the Board. These securities will be categorized as Level 3 securities.

Futures contracts are normally valued at the final settlement price or official closing price provided by independent pricing services. These securities will be categorized as Level 1 securities.

Investments in mutual funds, including short-term investments and open-end funds, are generally priced at the ending NAV provided by the service agent of the funds. These securities will be categorized as Level 1 securities.

Domestic and foreign fixed income securities, including foreign and U.S. corporate bonds, U.S. government bonds and notes, foreign government bonds and notes, supranationals and foreign agencies, non-agency collateralized mortgage obligations, U.S. government/agency mortgage backed securities, business development companies-preferred shares and notes, bank loans, collateralized loan obligations, equity-linked notes, mortgage-backed securities, and high yield debt, as well as non-exchange traded derivatives, including forward foreign currency contracts and total return swaps, are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services. Total Return swaps are valued based on a formula of the underlying asset’s nightly value, the Overnight Bank Funding Rate (“OBFR”) and an annual fee or various agreed upon inputs. Foreign currency positions, including forward foreign currency contracts, are priced at the mean between the closing bid and asked prices at 4:00 p.m. Eastern Time. Prices obtained from independent pricing services typically use information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Data used to establish quotes includes analysis of cash flows, pre-payment speeds, default rates, delinquency assumptions and assumptions regarding collateral and loss assumptions. These securities will be classified as Level 2 securities.

Short-term investments in fixed income securities, with maturities of less than 60 days when acquired, or which subsequently are within 60 days of maturity, are valued by using the amortized cost method of valuation, which the Board has determined will represent fair value. These securities will be classified as Level 2 securities.

In accordance with the Funds’ good faith pricing guidelines, the Adviser is required to consider all appropriate factors relevant to the value of securities for which it has determined other pricing sources are not available or reliable as described above. No single standard exists for determining fair value, because fair value depends upon the circumstances of each individual case. As a general principle, the current fair value of an issue of securities being valued by the Adviser would appear to be the amount which the owner might reasonably expect to receive for them upon their current sale. Methods which are in accordance with this principle may, for example, be based on (i) a multiple of earnings; (ii) discounted cash flow models; (iii) weighted average cost or weighted average price; (iv) a discount from market of a similar freely traded security (including a derivative security or a basket of securities traded on other markets, exchanges or among dealers); or (v) yield to maturity with respect to debt issues, or a combination of these and other methods. Good faith pricing is permitted if, in the Adviser’s opinion, the validity of market quotations appears to be questionable based on factors such as evidence of a thin market in the security based on a small number of quotations, a significant event occurs after the close of a market but before a Funds’ NAV calculation that may affect a security’s value, or the Adviser is aware of any other data that calls into question the reliability of market quotations.

Good faith pricing may also be used in instances when the bonds the Funds invest in default or otherwise cease to have market quotations readily available. Investments in foreign securities, junk bonds, or other thinly traded securities are more likely to trigger good faith pricing than other securities.

The following is a summary of the inputs used at June 30, 2026 in valuing the Funds’ assets and liabilities:

Strategic Income Fund
	Valuation Inputs
Investments in Securities at Value*	Level 1		Level 2		Level 3			Total
Closed-End Funds	$	48,685,894	$	–	$	–		$	48,685,894
Closed-End Funds - Preferred Shares		3,342,467		–		–			3,342,467
Business Development Companies		–		8,846,226		–			8,846,226
Business Development Companies - Preferred Shares		–		182,049		–			182,049
Common Stocks		6,727,500		12		–	***		6,727,512
Open-End Funds		40,197,743		–		–			40,197,743
Foreign Corporate Bonds		–		21,044,652		–			21,044,652
U.S. Corporate Bonds		–		107,334,761		–			107,334,761
Foreign Government Bonds and Notes, Supranationals and Foreign Agencies		–		1,650,939		–			1,650,939
Bank Loans		–		32,381		–			32,381
Collateralized Loan Obligations		–		37,111,840		–			37,111,840
Non-Agency Collateralized Mortgage Obligations		–		184,190,136		–			184,190,136
U.S. Government Bonds and Notes		–		59,817,426		–			59,817,426
Mortgage-Backed Securities		–		44,818,001		–			44,818,001
U.S. Government / Agency Mortgage Backed Securities		–		293,354,078		–			293,354,078
Warrants		–		–		–	***		–
Short-Term Investments		22,268,153		–		–			22,268,153
Total	$	121,221,757	$	758,382,501	$	–		$	879,604,258

	Valuation Inputs
Other Financial Instruments**	Level 1		Level 2			Level 3		Total
Assets
Futures Contracts	$	–	$	47,097		$	–	$	47,097
Total Return Swaps		–		–			–		–
Liabilities
Futures Contracts	$	–	$	(230,432	)	$	–	$	(230,432	)
Total Return Swaps		–		(980,138	)		–		(980,138	)
Total	$	–	$	(1,163,473	)	$	–	$	(1,163,473	)

High Income Fund
	Valuation Inputs
Investments in Securities at Value*	Level 1		Level 2		Level 3		Total
Business Development Company Notes	$	76,114	$	–	$	–	$	76,114
Closed-End Funds		1,843,211		–		–		1,843,211
Common Stocks		523,978		–		102,424		626,402
High Yield Debt		–		53,539,272		–		53,539,272
Short-Term Investments		1,197,786		–		–		1,197,786
Total	$	3,641,089	$	53,539,272	$	102,424	$	57,282,785

High Income Fund (continued)

	Valuation Inputs
Other Financial Instruments**	Level 1		Level 2			Level 3		Total
Assets
Forward Foreign Currency Contracts	$	–	$	203,120		$	–	$	203,120
Liabilities
Forward Foreign Currency Contracts	$	–	$	(6,243	)	$	–	$	(6,243	)
Total	$	–	$	196,877		$	–	$	196,877

Refer to each Fund’s Schedule of Investments for a listing of securities by type.

Other financial instruments are derivative instruments reflected in the Summary of Investments. Futures and swap contracts are reported at their unrealized appreciation/depreciation.

***

Level 3 security has no value.

The changes of the fair value of investments for which the Funds have used Level 3 inputs to determine the fair value are as follows:

Asset Type	Balance as of September 30, 2025		Accrued Discount/premium		Return of Capital		Realized Gain/(Loss)		Change in Unrealized Appreciation/ Depreciation			Purchases		Sales Proceeds		Transfer into Level 3		Transfer Out of Level 3		Balance as of June 30, 2026		Net change in unrealized appreciation/(depreciation) included in the Statements of Operations attributable to Level 3 investments held at June 30, 2026
Common Stocks	$	104,803	$	-	$	-	$	-	$	(2,379	)	$	-	$	-	$	-	$	-	$	102,424	$	(2,379	)
	$	104,803	$	-	$	-	$	-	$	(2,379	)	$	-	$	-	$	-	$	-	$	102,424	$	(2,379	)

The table below provides additional information about the Level 3 Fair Value Measurements as of June 30, 2026:

Quantitative Information about Level 3 Fair Value Measurements

High Income Fund

Asset Class

Fair Value (USD)

Valuation Technique

Unobservable Inputs^(a)

Value/Range

(Weighted Average)

Common Stocks

$102,424

Market Comparable Companies

EBITDA Multiple

3.50x-4.00x (3.75x)

^(a)

A change to the unobservable input may result in a significant change to the value of the investment as follows:

Unobservable Input	Impact to Value if Input Increases	Impact to Value if Input Decreases
EBITDA Multiple	Increase	Decrease

4. Derivative Financial Instruments

The following discloses the Funds’ use of derivative instruments. The Funds’ investment objectives not only permit the Funds to purchase investment securities, they also allow the Funds to enter into various types of derivative contracts such as total return swap contracts and forward foreign currency contracts. In doing so, the Funds will employ strategies in differing combinations to permit them to increase, decrease, or change the level or types of exposure to market factors. Central to those strategies are features inherent to derivatives that make them more attractive for this purpose than equity or debt securities; they require little or no initial cash investment, they can focus exposure on only certain selected risk factors, and they may not require the ultimate receipt or delivery of the underlying security (or securities) to the contract. This may allow the Funds to pursue their objectives more quickly and efficiently than if they were to make direct purchases or sales of securities capable of affecting a similar response to market factors.

Market Risk Factors: In pursuit of their investment objectives, the Funds may seek to use derivatives to increase or decrease their exposure to the following market risk factors:

Foreign Exchange Rate Risk: Foreign exchange rate risk relates to the change in the U.S. dollar value of a security held that is denominated in a foreign currency. The value of a foreign currency denominated security will decrease as the dollar appreciates against the currency, while the value of the foreign currency denominated security will increase as the dollar depreciates against the currency.

Risk of Investing in Derivatives

The Funds’ use of derivatives can result in losses due to unanticipated changes in the market risk factors and the overall market. Derivatives may have little or no initial cash investment relative to their market value exposure and therefore can produce significant gains or losses in excess of their cost. This use of embedded leverage allows the Funds to increase their market value exposure relative to their net assets and can substantially increase the volatility of the Funds’ performance.

Additional associated risks from investing in derivatives also exist and potentially could have significant effects on the valuation of the derivative and the Funds. Typically, the associated risks are not the risks that the Funds are attempting to increase or decrease exposure to, per their investment objectives, but are the additional risks from investing in derivatives.

In the ordinary course of business, the Funds may enter into transactions subject to enforceable International Swaps and Derivatives Association, Inc. (ISDA) master agreements or other similar arrangements (“netting agreements”). Generally, the right to offset in netting agreements allows each Fund to offset certain securities and derivatives with a specific counterparty, when applicable, as well as any collateral received or delivered to that counterparty based on the terms of the agreements.

Examples of these associated risks are liquidity risk, which is the risk that the Funds will not be able to sell the derivative in the open market in a timely manner, and counterparty credit risk, which is the risk that the counterparty will not fulfill its obligation to the Funds. The use of derivatives is also subject to operational and legal risks. Operational risks generally refer to risks related to potential operational issues, including documentation issues, settlement issues, system failures, inadequate controls, and human error. Legal risks generally refer to risks of loss resulting from insufficient documentation, insufficient capacity or authority of counterparty, or legality or enforceability of a contract.

Futures

The Funds may invest in futures contracts in accordance with their investment objectives. The Funds may do so for a variety of reasons including for cash management, hedging or non-hedging purposes in an attempt to achieve the Funds’ investment objective. A futures contract provides for the future sale by one party and purchase by another party of a specified quantity of the security or other financial instrument at a specified price and time. A futures contract on an index is an agreement pursuant to which two parties agree to take or make delivery of an amount of cash equal to the difference between the value of the index at the close of the last trading day of the contract and the price at which the index contract was originally written. Futures transactions may result in losses in excess of the amount invested in the futures contract. There can be no guarantee that there will be a correlation between price movements in the hedging vehicle and in the portfolio securities being hedged. An incorrect correlation could result in a loss on both the hedged securities in a fund and the hedging vehicle so that the portfolio return might have been greater had hedging not been attempted. There can be no assurance that a liquid market will exist at a time when a fund seeks to close out a futures contract or a futures option position. Lack of a liquid market for any reason may prevent a fund from liquidating an unfavorable position, and the fund would remain obligated to meet margin requirements until the position is closed. In addition, a fund could be exposed to risk if the counterparties to the contracts are unable to meet the terms of their contracts. With exchange-traded futures, there is minimal counterparty credit risk to the Funds since futures are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default. The Funds are party to certain enforceable master netting arrangements, which provide for the right of offset under certain circumstances, such as the event of default.

When a purchase or sale of a futures contract is made by a fund, the fund is required to deposit with its custodian (or broker, if legally permitted) a specified amount of liquid assets (“initial margin”). The margin required for a futures contract is set by the exchange on which the contract is traded and may be modified during the term of the contract. The initial margin is in the nature of a performance bond or good faith deposit on the futures contract that is returned to the Funds upon termination of the contract, assuming all contractual obligations have been satisfied. These amounts are included in Deposits with broker for futures contracts on the Statement of Assets and Liabilities. Each day the Funds may pay or receive cash, called “variation margin,” equal to the daily change in value of the futures contract. Such payments or receipts are recorded for financial statement purposes as unrealized gains or losses by the Funds. Variation margin does not represent a borrowing or loan by the Funds but instead is a settlement between the Funds and the broker of the amount one would owe the other if the futures contract expired. When the contract is closed, the Funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Total Return Swaps

Certain Funds may enter into total return swaps. During the period ended June 30, 2026, the Strategic Income Fund invested in total return swaps. Total return swaps are agreements that provide the Strategic Income Fund with a return based on the performance of an underlying asset (called a “reference asset”), in exchange for fee payments to a counterparty based on a specific rate. The difference in the value of these income streams is recorded daily by the Strategic Income Fund, and is settled in cash periodically. The fee paid by the Strategic Income Fund will typically be determined by multiplying the face value of the swap agreement by an agreed upon interest rate. Generally, the basis of the total return swap is the unamortized premium received or paid. The periodic swap payments received or made by the Strategic Income Fund is recorded in the Statement of Operations as realized gains or losses, respectively. When the swap is terminated, the Strategic Income Fund will record a realized gain or loss equal to the difference between the proceeds from (or cost of) the closing transaction and the Strategic Income Fund’s basis in the contract, if any. In addition, if the reference asset declines in value over the term of the swap, the Strategic Income Fund would also be required to pay the dollar value of that decline to the counterparty. Total return swaps could result in losses if the reference asset does not perform as anticipated by the Adviser. The Strategic Income Fund may use its own NAV or the NAV of a similar fund as the reference asset in a total return swap. This strategy serves to reduce cash drag (the impact of uninvested cash on the Strategic Income Fund’s overall return) by replacing it with the total return of Strategic Income Fund’s own or a similar fund’s investment holdings. The Strategic Income Fund records fluctuations in the value of open swap contracts on a daily basis as unrealized gains or losses. Net amounts received or paid on the swap contracts are recorded as realized gains or losses. The Strategic Income Fund values the total return swaps in which it enters based on a formula of the underlying asset’s nightly value, the OBFR and an annual fee or various agreed upon inputs. These securities will be categorized as Level 2 securities.

Forward Foreign Currency Contracts

The Funds may engage in currency transactions with counterparties to hedge the value of portfolio securities denominated in particular currencies against fluctuations in relative value, to gain or reduce exposure to certain currencies, or to generate income or gains. A forward foreign currency contract is an agreement between two parties to buy and sell a currency at a set price on a future date. During the six months ended June 30, 2026, the High Income Fund engaged in forward foreign currency contracts. The contracts are marked-to-market daily and the change in value is recorded by the High Income Fund as an unrealized gain or loss. When a forward foreign currency contract is extinguished, through either delivery or offset by entering into another forward foreign currency contract, the High Income Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value of the contract at the time it was extinguished.

Forward foreign currency contracts involve elements of market risk. The High Income Fund bears the risk of an unfavorable change in the foreign exchange rate underlying the forward foreign currency contract. Risks may also arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of their contracts.

5. loan participations and assignments

The Strategic Income Fund and High Income Fund may each invest in direct debt instruments which are interests in amounts owed to lenders or lending syndicates by corporate, governmental, or other borrowers. The Strategic Income Fund and High Income Fund will normally invest in corporate debt issuers in North America and Europe. The Strategic Income Fund’s and High Income Fund’s investments in loans may be in the form of participations in loans or assignments of all or a portion of loans from third parties. A loan is often administered by a bank or other financial institution (the “lender”) that acts as agent for all holders. The agent administers the terms of the loan, as specified in the loan agreement. The Strategic Income Fund and High Income Fund may each invest in multiple series or tranches of a loan, which may have varying terms and carry different associated risks. The Strategic Income Fund and High Income Fund will generally purchase assignments of these loans, in which case they will typically become lenders for purposes of the relevant loan agreement with direct contractual rights against the borrower, including the right to receive payments of principal and interest. When purchasing participation interests in a loan, the Strategic Income Fund and High Income Fund generally have no right to enforce compliance with the terms of the loan agreement with the borrower. As a result, the Strategic Income Fund and High Income Fund may each be subject to the credit risk of both the borrower and the lender that is selling the loan agreement. The Strategic Income Fund and High Income Fund may each enter into unfunded loan commitments, which are contractual obligations for future funding. Unfunded loan commitments represent a future obligation in full, even though a percentage of the notional loan amounts may not be utilized by the borrower. When investing in a loan participation, the Strategic Income Fund and High Income Fund have the right to receive payments of principal, interest and any fees to which they are entitled only from the lender selling the loan agreement and only upon receipt of payments by the lender from the borrower. The Strategic Income Fund and High Income Fund may each receive a commitment fee based on the undrawn portion of the underlying line of credit portion of a floating rate loan. In certain circumstances, the Strategic Income Fund and High Income Fund may each receive a penalty fee upon the prepayment of a floating rate loan by a borrower. Fees earned are recorded as a component of interest income or interest expense, respectively, on the Statements of Operations. As of June 30, 2026, there are no unfunded loan commitments.

6. INVESTMENTS IN AFFILIATED COMPANIES

The Funds may invest in certain securities that are considered securities issued by affiliated companies. As defined by the Investment Company Act of 1940, an affiliated person, including an affiliated company, is one in which a Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The purchases, sales, dividend income, capital gains, shares and value of investment in affiliated companies for the six months ended June 30, 2026 were as follows:

Security Name	Market Value as of October 1, 2025		Purchases		Change in Unrealized Gain (Loss)			Return of Capital		Realized Gain/Loss		Market Value as of June 30, 2026		Share Balance as of June 30, 2026		Dividends
High Income Fund	$	39,212,425	$	2,156,828	$	(1,171,510	)	$	-	$	-	$	40,197,743		4,698,797	$	2,156,828
					$	(1,171,510	)	$	-	$	-	$	40,197,743			$	2,156,828