CARNIVAL CORP LTD REGD 144A P/P 5.75000000

NPORT-P false 0000875186 XXXXXXXX S000008438 C000023146 MORGAN STANLEY PATHWAY FUNDS 811-06318 0000875186 549300P3RUTI9W6SLI87 2000 Westchester Avenue NULL Purchase 10577 888-454-3965 High Yield Fund S000008438 549300EX14KR2XJQP371 2026-08-31 2026-08-31 N 180699202.51 14249789.10 166449413.41 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 6789076.17000000 USD N Securities Portfolio SEC_PORT CARNIVAL CORP L 5.75% 08/01/32 F1OF2ZSX47CR0BCWA982 CARNIVAL CORP LTD REGD 144A P/P 5.75000000 143658CA8 595000.00000000 PA USD 589325.21000000 0.354056645756 Long DBT CORP US Y 2 2032-08-01 Fixed 5.75000000 N N N N N N ENERSYS 4.375% 12/15/27 7ZS3DE5PN30BYUJFWP05 ENERSYS REGD 144A P/P 4.37500000 29275YAC6 485000.00000000 PA USD 481917.39000000 0.289527839195 Long DBT CORP US Y 2 2027-12-15 Fixed 4.37500000 N N N N N N WAYFAIR LLC 6.75% 11/15/32 N/A WAYFAIR LLC REGD 144A P/P 6.75000000 94419NAC1 715000.00000000 PA USD 736268.39000000 0.442337629743 Long DBT CORP US Y 2 2032-11-15 Fixed 6.75000000 N N N N N N EDGEWELL PERSO 4.125% 04/01/29 549300CY8QZDL4Z3RU59 EDGEWELL PERSONAL CARE REGD 144A P/P 4.12500000 28035QAB8 913000.00000000 PA USD 885272.19000000 0.531856599469 Long DBT CORP US Y 2 2029-04-01 Fixed 4.12500000 N N N N N N BLACK PEARL CO 6.125% 02/15/31 N/A BLACK PEARL COMPUTE LLC REGD 144A P/P 6.12500000 09216NAA8 815000.00000000 PA USD 816469.45000000 0.490521073804 Long DBT CORP US Y 2 2031-02-15 Fixed 6.12500000 N N N N N N COREWEAVE INC 9.75% 10/01/31 984500511DP2B6186053 COREWEAVE INC REGD 144A P/P 9.75000000 21873SAG3 817000.00000000 PA USD 730960.22000000 0.439148570742 Long DBT CORP US Y 2 2031-10-01 Fixed 9.75000000 N N N N N N STARWOOD PROPE 5.875% 08/15/29 BUGSFQZERKRBFWIG5267 STARWOOD PROPERTY TRUST REGD 144A P/P 5.87500000 85571BBJ3 206000.00000000 PA USD 206938.16000000 0.124324956009 Long DBT CORP US Y 2 2029-08-15 Fixed 5.87500000 N N N N N N HA SUSTAINABLE 6.75% 07/15/35 254900ZZRL7MWL1X8E92 HA SUSTAINABLE INF CAP REGD 6.75000000 40408AAB7 218000.00000000 PA USD 223384.09000000 0.134205393352 Long DBT CORP US N 2 2035-07-15 Fixed 6.75000000 N N N N N N STARWOOD PROPE 6.125% 06/01/31 BUGSFQZERKRBFWIG5267 STARWOOD PROPERTY TRUST REGD 144A P/P 6.12500000 85571BBH7 36000.00000000 PA USD 36093.02000000 0.021684077618 Long DBT CORP US Y 2 2031-06-01 Fixed 6.12500000 N N N N N N GRUBHUB HOLDINGS 13% 07/31/30 N/A GRUBHUB HOLDINGS INC REGD 144A P/P 13.00000000 40010PAC2 1074385.00000000 PA USD 931173.99000000 0.559433626663 Long DBT CORP US Y 2 2030-07-31 Fixed 13.00000000 N N Y N N PHOENIX AVIATIO 9.25% 07/15/30 8945008YQAKXZQ3VYJ15 PHOENIX AVIATION CAPITAL REGD 144A P/P 9.25000000 71910DAA9 1035000.00000000 PA USD 1084200.80000000 0.651369552940 Long DBT CORP IE Y 2 2030-07-15 Fixed 9.25000000 N N N N N N ALBERTSONS COS/ 6.25% 03/15/33 N/A ALBERTSONS COS/SAFEWAY REGD 144A P/P 6.25000000 01309QAB4 505000.00000000 PA USD 496723.00000000 0.298422799950 Long DBT CORP US Y 2 2033-03-15 Fixed 6.25000000 N N N N N N STATION CASINO 6.625% 03/15/32 N/A STATION CASINOS LLC REGD 144A P/P 6.62500000 857691AJ8 927000.00000000 PA USD 939342.08000000 0.564340877360 Long DBT CORP US Y 2 2032-03-15 Fixed 6.62500000 N N N N N N ACADEMY LTD 5.875% 05/15/31 N/A ACADEMY LTD REGD 144A P/P 5.87500000 00401YAB6 535000.00000000 PA USD 532873.48000000 0.320141398568 Long DBT CORP US Y 2 2031-05-15 Fixed 5.87500000 N N N N N N HA SUSTAINABLE IN V/R 11/15/56 254900ZZRL7MWL1X8E92 HA SUSTAINABLE INF CAP REGD V/R 7.12500000 41068XAH3 534000.00000000 PA USD 538645.80000000 0.323609311060 Long DBT CORP US N 2 2056-11-15 Variable 7.12500000 N N N N N N MURPHY OIL USA 5.875% 06/01/34 N/A MURPHY OIL USA INC REGD 144A P/P 5.87500000 626738AG3 635000.00000000 PA USD 630176.92000000 0.378599664059 Long DBT CORP US Y 2 2034-06-01 Fixed 5.87500000 N N N N N N DELEK LOG PART 8.625% 03/15/29 N/A DELEK LOG PART/FINANCE REGD 144A P/P 8.62500000 24665FAD4 53000.00000000 PA USD 55004.57000000 0.033045817869 Long DBT CORP US Y 2 2029-03-15 Fixed 8.62500000 N N N N N N CLEVELAND-CLIF 7.375% 05/01/33 549300TM2WLI2BJMDD86 CLEVELAND-CLIFFS INC REGD 144A P/P 7.37500000 185899AR2 840000.00000000 PA USD 857169.60000000 0.514973037416 Long DBT CORP US Y 2 2033-05-01 Fixed 7.37500000 N N N N N N GAINWELL ACQUISITI 9% 09/01/31 N/A GAINWELL ACQUISITION COR REGD 144A P/P 9.00000000 36312LAC4 464000.00000000 PA USD 483538.95000000 0.290502045092 Long DBT CORP US Y 2 2031-09-01 Fixed 9.00000000 N N N N N N LIFEPOINT HEALTH I 7% 05/01/34 N/A LIFEPOINT HEALTH INC REGD 144A P/P 7.00000000 53219LBA6 865000.00000000 PA USD 813826.78000000 0.488933402243 Long DBT CORP US Y 2 2034-05-01 Fixed 7.00000000 N N N N N N FIRSTCASH INC 6.125% 05/01/34 549300V2X3UU7K0DG350 FIRSTCASH INC REGD 144A P/P 6.12500000 33767DAF2 720000.00000000 PA USD 712088.14000000 0.427810543402 Long DBT CORP US Y 2 2034-05-01 Fixed 6.12500000 N N N N N N HARVEST MIDSTRE 6.75% 05/15/34 549300DW5M17KJOXCY66 HARVEST MIDSTREAM I LP REGD 144A P/P 6.75000000 417558AD5 750000.00000000 PA USD 761331.75000000 0.457395273676 Long DBT CORP US Y 2 2034-05-15 Fixed 6.75000000 N N N N N N ESAB CORP 5.625% 04/01/31 549300ZNV0SWBXEIWT04 ESAB CORP REGD 144A P/P 5.62500000 29605JAB2 615000.00000000 PA USD 610973.53000000 0.367062591260 Long DBT CORP US Y 2 2031-04-01 Fixed 5.62500000 N N N N N N SIRIUS XM RADIO LL 4% 07/15/28 N/A SIRIUS XM RADIO LLC REGD 144A P/P 4.00000000 82967NBJ6 560000.00000000 PA USD 546425.66000000 0.328283319721 Long DBT CORP US Y 2 2028-07-15 Fixed 4.00000000 N N N N N N QXO BUILDING P 6.875% 07/15/34 549300HDXQWWCBOYXP31 QXO BUILDING PRODUCTS REGD 144A P/P 6.87500000 77583AAB6 325000.00000000 PA USD 329018.34000000 0.197668668972 Long DBT CORP US Y 2 2034-07-15 Fixed 6.87500000 N N N N N N UNIVISION COMMUN 8.5% 07/31/31 N/A UNIVISION COMMUNICATIONS REGD 144A P/P 8.50000000 914906AZ5 715000.00000000 PA USD 720837.26000000 0.433066867123 Long DBT CORP US Y 2 2031-07-31 Fixed 8.50000000 N N N N N N KODIAK GAS SER 5.875% 04/01/31 N/A KODIAK GAS SERVICES LLC REGD 144A P/P 5.87500000 50012LAF1 612000.00000000 PA USD 610418.29000000 0.366729012433 Long DBT CORP US Y 2 2031-04-01 Fixed 5.87500000 N N N N N N MELCO RESORTS 5.375% 12/04/29 N/A MELCO RESORTS FINANCE REGD 144A P/P 5.37500000 58547DAD1 565000.00000000 PA USD 549192.22000000 0.329945422305 Long DBT CORP HK Y 2 2029-12-04 Fixed 5.37500000 N N N N N N MGM CHINA HOLDI 6.25% 05/15/33 N/A MGM CHINA HOLDINGS LTD REGD 144A P/P 6.25000000 55300RAK7 845000.00000000 PA USD 819686.96000000 0.492454099541 Long DBT CORP MO Y 2 2033-05-15 Fixed 6.25000000 N N N N N N PARK RIVER HOLD 8.75% 12/31/30 N/A PARK RIVER HOLDINGS INC REGD 144A P/P 8.75000000 70082LAD9 458329.00000000 PA USD 436585.83000000 0.262293402575 Long DBT CORP US Y 2 2030-12-31 Fixed 8.75000000 N N N N N ARCHES BUYER INC 9% 08/15/31 2549009ADY4208OH2Y47 ARCHES BUYER INC REGD 144A P/P 9.00000000 039524AF0 552000.00000000 PA USD 576607.32000000 0.346415951962 Long DBT CORP US Y 2 2031-08-15 Fixed 9.00000000 N N N N N N NISSAN MOTOR CO 4.81% 09/17/30 353800DRBDH1LUTNAY26 NISSAN MOTOR CO REGD 144A P/P 4.81000000 654744AD3 460000.00000000 PA USD 428569.75000000 0.257477476922 Long DBT CORP JP Y 2 2030-09-17 Fixed 4.81000000 N N N N N N TALOS PRODUCTI 9.375% 02/01/31 N/A TALOS PRODUCTION INC REGD 144A P/P 9.37500000 87485LAE4 489000.00000000 PA USD 518695.01000000 0.311623212947 Long DBT CORP US Y 2 2031-02-01 Fixed 9.37500000 N N N N N VENTURE GLOBAL CAL 6% 05/01/36 N/A VENTURE GLOBAL CALCASIEU REGD 144A P/P 6.00000000 92328MAF0 490000.00000000 PA USD 488092.77000000 0.293237903336 Long DBT CORP US Y 2 2036-05-01 Fixed 6.00000000 N N N N N N FIRSTCASH INC 6.875% 03/01/32 549300V2X3UU7K0DG350 FIRSTCASH INC REGD 144A P/P 6.87500000 33767DAD7 77000.00000000 PA USD 78592.44000000 0.047217012298 Long DBT CORP US Y 2 2032-03-01 Fixed 6.87500000 N N N N N N PETSMART LLC/PETS 10% 09/15/33 N/A PETSMART LLC/PETSMART FI REGD 144A P/P 10.00000000 71677KAD0 450000.00000000 PA USD 449689.55000000 0.270165896525 Long DBT CORP US Y 2 2033-09-15 Fixed 10.00000000 N N N N N N ENTEGRIS INC 5.95% 06/15/30 IYX6OWO7BT5DKO3BYG52 ENTEGRIS INC REGD 144A P/P 5.95000000 29365BAB9 590000.00000000 PA USD 595074.59000000 0.357510776282 Long DBT CORP US Y 2 2030-06-15 Fixed 5.95000000 N N N N N N SOLARIS ENERGY 6.375% 05/15/31 N/A SOLARIS ENERGY INFRASTRU REGD 144A P/P 6.37500000 83419YAA4 572000.00000000 PA USD 567948.98000000 0.341214167334 Long DBT CORP US Y 2 2031-05-15 Fixed 6.37500000 N N N N N N ROGERS COMMUNICAT V/R 04/15/55 5493000M6Z4XFIP6PF03 ROGERS COMMUNICATIONS IN REGD V/R SER NC5 7.00000000 775109DG3 341000.00000000 PA USD 343799.61000000 0.206549006666 Long DBT CORP CA N 2 2055-04-15 Variable 7.00000000 N N N N N N SEAWORLD PARKS 5.25% 08/15/29 N/A SEAWORLD PARKS & ENTERTA REGD 144A P/P 5.25000000 81282UAG7 543000.00000000 PA USD 530465.39000000 0.318694658714 Long DBT CORP US Y 2 2029-08-15 Fixed 5.25000000 N N N N N N PARAMOUNT GLOBAL 4.2% 05/19/32 5KYC8KF17ROCY24M3H09 PARAMOUNT GLOBAL REGD 4.20000000 92556HAD9 475000.00000000 PA USD 414009.70000000 0.248730044473 Long DBT CORP US N 2 2032-05-19 Fixed 4.20000000 N N N N N N Invesco N/A Invesco Government & Agency Portfolio 825252885 11083938.54000000 OU N/A USD 11083938.54000000 6.659043317081 Long STIV RF US N 1 N N WALKER & DUNLO 6.625% 04/01/33 N/A WALKER & DUNLOP INC REGD 144A P/P 6.62500000 93148PAA0 980000.00000000 PA USD 974546.79000000 0.585491273315 Long DBT CORP US Y 2 2033-04-01 Fixed 6.62500000 N N N N N N WESTJET ALB PARTNE 8% 02/14/31 N/A WESTJET ALB PARTNERSHIP REGD 144A P/P 8.00000000 96043UAA8 850486.00000000 PA USD 819109.28000000 0.492107039141 Long DBT CORP CA Y 2 2031-02-14 Fixed 8.00000000 N N N N N VALARIS LTD 8.375% 04/30/30 5299008BQ9IREYWBTS30 VALARIS LTD REGD 144A P/P 8.37500000 91889FAC5 566000.00000000 PA USD 588800.70000000 0.353741528995 Long DBT CORP US Y 2 2030-04-30 Fixed 8.37500000 N N N N N N CYPRIUM CORP/C 6.375% 04/15/34 N/A CYPRIUM CORP/CYPRIUM HOL REGD 144A P/P 6.37500000 23292NAB4 328000.00000000 PA USD 324791.70000000 0.195129374953 Long DBT CORP US Y 2 2034-04-15 Fixed 6.37500000 N N N N N N PERRIGO FINANC 6.125% 09/30/32 N/A PERRIGO FINANCE UNLIMITE REGD SER USD 6.12500000 71429MAD7 800000.00000000 PA USD 785298.96000000 0.471794369179 Long DBT CORP IE N 2 2032-09-30 Fixed 6.12500000 N N N N N WAYFAIR LLC 7.125% 05/31/34 N/A WAYFAIR LLC REGD 144A P/P 7.12500000 94419NAD9 420000.00000000 PA USD 435660.96000000 0.261737756279 Long DBT CORP US Y 2 2034-05-31 Fixed 7.12500000 N N N N N N ATI INC 4.875% 10/01/29 ZW1LRE7C3H17O2ZN9B45 ATI INC REGD 4.87500000 01741RAL6 284000.00000000 PA USD 281859.49000000 0.169336427341 Long DBT CORP US N 2 2029-10-01 Fixed 4.87500000 N N N N N N SHIFT4 PAYMENTS 6.75% 08/15/32 N/A SHIFT4 PAYMENTS LLC/FIN REGD 144A P/P 6.75000000 82453AAB3 752000.00000000 PA USD 743140.64000000 0.446466361626 Long DBT CORP US Y 2 2032-08-15 Fixed 6.75000000 N N N N N PARAMOUNT GLOBAL V/R 02/28/57 5KYC8KF17ROCY24M3H09 PARAMOUNT GLOBAL REGD V/R 6.25000000 92553PBC5 779000.00000000 PA USD 605363.35000000 0.363692089745 Long DBT CORP US N 2 2057-02-28 Variable 6.25000000 N N N N N N VERITIV OPERATI 10.5% 11/30/30 N/A VERITIV OPERATING CO REGD 144A P/P 10.50000000 92339LAA0 775000.00000000 PA USD 810354.95000000 0.486847585340 Long DBT CORP US Y 2 2030-11-30 Fixed 10.50000000 N N N N N N CHAMPIONS FINAN 8.75% 02/15/29 391200ZDD75EGEUJ7625 CHAMPIONS FINANCING INC REGD 144A P/P 8.75000000 15870LAA6 909000.00000000 PA USD 927125.46000000 0.557001338128 Long DBT CORP US Y 2 2029-02-15 Fixed 8.75000000 N N N N N ADVANCED DRAIN 5.375% 03/01/34 6QQTOZ5MF5DHM7K92I60 ADVANCED DRAINAGE SYSTEM REGD 144A P/P 5.37500000 00790RAC8 455000.00000000 PA USD 441898.64000000 0.265485249209 Long DBT CORP US Y 2 2034-03-01 Fixed 5.37500000 N N N N N N GRAY MEDIA INC 7.5% 09/15/34 529900TM5726KDN7UU35 GRAY MEDIA INC REGD 144A P/P 7.50000000 389375AQ9 455000.00000000 PA USD 454781.64000000 0.273225138306 Long DBT CORP US Y 2 2034-09-15 Fixed 7.50000000 N N N N N N NRG ENERGY INC 6.25% 11/01/34 5E2UPK5SW04M13XY7I38 NRG ENERGY INC REGD 144A P/P 6.25000000 629377CX8 345000.00000000 PA USD 344751.52000000 0.207120898137 Long DBT CORP US Y 2 2034-11-01 Fixed 6.25000000 N N N N N N PERFORMANCE FO 5.625% 03/01/34 N/A PERFORMANCE FOOD GROUP I REGD 144A P/P 5.62500000 71376LAH3 539000.00000000 PA USD 523870.87000000 0.314732782331 Long DBT CORP US Y 2 2034-03-01 Fixed 5.62500000 N N N N N N NGL ENRGY OP/F 8.375% 02/15/32 N/A NGL ENRGY OP/FIN CORP REGD 144A P/P 8.37500000 62922LAD0 459000.00000000 PA USD 481341.37000000 0.289181776095 Long DBT CORP US Y 2 2032-02-15 Fixed 8.37500000 N N N N N N ARCHROCK PARTN 6.625% 09/01/32 N/A ARCHROCK PARTNERS LP/FIN REGD 144A P/P 6.62500000 03959KAD2 375000.00000000 PA USD 382162.13000000 0.229596561604 Long DBT CORP US Y 2 2032-09-01 Fixed 6.62500000 N N N N N N CREDIT ACCEPTAN 9.25% 12/15/28 N/A CREDIT ACCEPTANC REGD 144A P/P 9.25000000 225310AQ4 437000.00000000 PA USD 452661.43000000 0.271951351901 Long DBT CORP US Y 2 2028-12-15 Fixed 9.25000000 N N N N N N SUMISHO AIR LEASE C V/R /PERP/ 5493004NW4M4P8TMMK63 SUMISHO AIR LEASE CORP REGD V/R /PERP/ SER B 8.33600000 00912XBJ2 654000.00000000 PA USD 658110.39000000 0.395381621669 Long DBT CORP US N 2 2175-06-15 Variable 8.33600000 N N N N N N MOBIUS MERGER SUB 9% 06/01/30 N/A MOBIUS MERGER SUB REGD 144A P/P 9.00000000 606950AA1 827000.00000000 PA USD 602515.89000000 0.361981383806 Long DBT CORP US Y 2 2030-06-01 Fixed 9.00000000 N N N N N N FOCUS FINANCIAL 6.75% 09/15/31 N/A FOCUS FINANCIAL PARTNERS REGD 144A P/P 6.75000000 34417VAA5 750000.00000000 PA USD 746610.00000000 0.448550694595 Long DBT CORP US Y 2 2031-09-15 Fixed 6.75000000 N N N N N N ALBERTSONS COS/S 5.5% 03/31/31 N/A ALBERTSONS COS/SAFEWAY REGD 144A P/P 5.50000000 01309QAC2 76000.00000000 PA USD 73717.36000000 0.044288146464 Long DBT CORP US Y 2 2031-03-31 Fixed 5.50000000 N N N N N N PERFORMANCE FOO 4.25% 08/01/29 N/A PERFORMANCE FOOD GROUP I REGD 144A P/P 4.25000000 71376LAE0 70000.00000000 PA USD 68124.08000000 0.040927798184 Long DBT CORP US Y 2 2029-08-01 Fixed 4.25000000 N N N N N N VALVOLINE INC 6.125% 08/15/34 549300CMHPBEY6VPOT75 VALVOLINE INC REGD 144A P/P 6.12500000 92047WAH4 429000.00000000 PA USD 428779.68000000 0.257603599325 Long DBT CORP US Y 2 2034-08-15 Fixed 6.12500000 N N N N N N NGL ENRGY OP/F 8.125% 02/15/29 N/A NGL ENRGY OP/FIN CORP REGD 144A P/P 8.12500000 62922LAC2 392000.00000000 PA USD 404503.12000000 0.243018651560 Long DBT CORP US Y 2 2029-02-15 Fixed 8.12500000 N N N N N N LAND O LAKES CA 7.45% 03/15/28 N/A LAND O LAKES CAP TRST I REGD P/P 7.45000000 514665AA6 536000.00000000 PA USD 552267.60000000 0.331793058735 Long DBT CORP US Y 2 2028-03-15 Fixed 7.45000000 N N N N N N TALEN ENERGY SUP 6.5% 02/01/36 N/A TALEN ENERGY SUPPLY LLC REGD 144A P/P 6.50000000 87422VAN8 375000.00000000 PA USD 367693.50000000 0.220904052749 Long DBT CORP US Y 2 2036-02-01 Fixed 6.50000000 N N N N N N GENESIS ENERGY 8.875% 04/15/30 N/A GENESIS ENERGY LP/FIN REGD 8.87500000 37185LAN2 510000.00000000 PA USD 533058.12000000 0.320252327166 Long DBT CORP US N 2 2030-04-15 Fixed 8.87500000 N N N N N N CAVALIER ACQUIS 8.25% 08/15/33 25490051UXCDI96AWC48 CAVALIER ACQUISITION REGD 144A P/P 8.25000000 14950KAA4 517000.00000000 PA USD 529966.84000000 0.318395138284 Long DBT CORP US Y 2 2033-08-15 Fixed 8.25000000 N N N N N N T/L ARCTIC CANADIAN DIAMOND COMPANY LTD 0% 12/31/27 N/A T/L ARCTIC CANADIAN DIAMOND COMPANY LTD REGD 0.00000000 N/A 386672.13000000 PA USD 0.00000000 0.000000 Long LON CORP CA N 3 2027-12-31 Variable 4.28575000 N N N N N N COMMERCIAL MET 3.875% 02/15/31 549300OQS2LO07ZJ7N73 COMMERCIAL METALS CO REGD 3.87500000 201723AP8 665000.00000000 PA USD 626246.39000000 0.376238267933 Long DBT CORP US N 2 2031-02-15 Fixed 3.87500000 N N N N N N US FOODS INC 5.75% 04/15/33 N/A US FOODS INC REGD 144A P/P 5.75000000 90290MAJ0 585000.00000000 PA USD 582343.22000000 0.349861983932 Long DBT CORP US Y 2 2033-04-15 Fixed 5.75000000 N N N N N N NORTHERN OIL & G 7.5% 09/01/34 OKFF0PIZDDMNH4UCYE51 NORTHERN OIL & GAS INC REGD 144A P/P 7.50000000 665531AM1 420000.00000000 PA USD 423564.05000000 0.254470136795 Long DBT CORP US Y 2 2034-09-01 Fixed 7.50000000 N N N N N N CSC HOLDINGS L 11.25% 05/15/28 N/A CSC HOLDINGS LLC REGD 144A P/P 11.25000000 126307BM8 1106000.00000000 PA USD 617004.41000000 0.370685842238 Long DBT CORP US Y 2 2028-05-15 Fixed 11.25000000 N N N N N N MURPHY OIL USA 4.75% 09/15/29 N/A MURPHY OIL USA INC REGD 4.75000000 626738AE8 280000.00000000 PA USD 275628.36000000 0.165592869541 Long DBT CORP US N 2 2029-09-15 Fixed 4.75000000 N N N N N N CUSHMAN & WAKE 8.875% 09/01/31 N/A CUSHMAN & WAKEFIELD US REGD 144A P/P 8.87500000 23166MAC7 380000.00000000 PA USD 398322.84000000 0.239305643582 Long DBT CORP US Y 2 2031-09-01 Fixed 8.87500000 N N N N N N DEALER TIRE F 10.375% 10/01/31 894500QBE5Z2XQWCJ779 DEALER TIRE FINANCIAL LL REGD 144A P/P 10.37500000 24230SAB6 836000.00000000 PA USD 832584.77000000 0.500202886236 Long DBT CORP US Y 2 2031-10-01 Fixed 10.37500000 N N N N N N VFH PARENT / VAL 7.5% 06/15/31 N/A VFH PARENT / VALOR CO REGD 144A P/P 7.50000000 91824YAA6 630000.00000000 PA USD 652307.86000000 0.391895559519 Long DBT CORP US Y 2 2031-06-15 Fixed 7.50000000 N N N N N N FIRSTCASH INC 5.625% 01/01/30 549300V2X3UU7K0DG350 FIRSTCASH INC REGD 144A P/P 5.62500000 31944TAA8 187000.00000000 PA USD 185468.44000000 0.111426310372 Long DBT CORP US Y 2 2030-01-01 Fixed 5.62500000 N N N N N N IHO VERWALTUNG 7.375% 05/15/33 N/A IHO VERWALTUNGS GMBH REGD 144A P/P 7.37500000 44963BAJ7 525000.00000000 PA USD 547069.95000000 0.328670398286 Long DBT CORP DE Y 2 2033-05-15 Fixed 7.37500000 N N Y N N N GEN DIGITAL INC 6.75% 09/30/27 YF6ZV0M6AU4FY94MK914 GEN DIGITAL INC REGD 144A P/P 6.75000000 668771AK4 101000.00000000 PA USD 101398.65000000 0.060918598583 Long DBT CORP US Y 2 2027-09-30 Fixed 6.75000000 N N N N N N NEPTUNE BIDCO US 9.5% 02/15/33 N/A NEPTUNE BIDCO US INC REGD 144A P/P 9.50000000 640695AD4 810000.00000000 PA USD 832737.51000000 0.500294649851 Long DBT CORP US Y 2 2033-02-15 Fixed 9.50000000 N N N N N N EQUIPMENTSHARE 7.125% 07/01/34 254900PWJK48CGPKPI80 EQUIPMENTSHARE.COM INC REGD 144A P/P 7.12500000 29450YAD1 405000.00000000 PA USD 399089.59000000 0.239766294049 Long DBT CORP US Y 2 2034-07-01 Fixed 7.12500000 N N N N N N STAR LEASING C 7.625% 02/15/30 549300WXKNX4PT3HSN71 STAR LEASING CO LLC REGD 144A P/P 7.62500000 854938AA5 585000.00000000 PA USD 579581.61000000 0.348202855225 Long DBT CORP US Y 2 2030-02-15 Fixed 7.62500000 N N N N N N DBR LAND HOLDIN 6.25% 12/01/30 N/A DBR LAND HOLDINGS LLC REGD 144A P/P 6.25000000 24024BAA5 710000.00000000 PA USD 722272.35000000 0.433929044989 Long DBT CORP US Y 2 2030-12-01 Fixed 6.25000000 N N N N N N HUDBAY MINERAL 6.125% 04/01/29 894500LX3TMESP27BE29 HUDBAY MINERALS INC REGD 144A P/P 6.12500000 443628AH5 482000.00000000 PA USD 486084.47000000 0.292031350571 Long DBT CORP CA Y 2 2029-04-01 Fixed 6.12500000 N N N N N N HOWARD MIDSTRE 6.625% 01/15/35 N/A HOWARD MIDSTREAM ENERGY REGD 144A P/P 6.62500000 442722AE4 242000.00000000 PA USD 242997.52000000 0.145988811268 Long DBT CORP US Y 2 2035-01-15 Fixed 6.62500000 N N N N N N ITT HOLDINGS LLC 6.5% 08/01/29 N/A ITT HOLDINGS LLC REGD 144A P/P 6.50000000 45074JAA2 1255000.00000000 PA USD 1251928.14000000 0.752137309679 Long DBT CORP US Y 2 2029-08-01 Fixed 6.50000000 N N N N N N VENTURE GLOBAL 6.375% 12/15/34 54930011XLBUWMQUC829 VENTURE GLOBAL LNG INC REGD 144A P/P 6.37500000 92332YAG6 460000.00000000 PA USD 456307.44000000 0.274141813210 Long DBT CORP US Y 2 2034-12-15 Fixed 6.37500000 N N N N N N DISCOVERY HOLDI 5.05% 03/15/42 N/A DISCOVERY HOLDINGS INC REGD SER ** 5.05000000 254948AR3 1115000.00000000 PA USD 815343.75000000 0.489844772232 Long DBT CORP US N 2 2042-03-15 Fixed 5.05000000 N N N N N N GENESIS ENERGY 8.25% 01/15/29 N/A GENESIS ENERGY LP/FIN REGD 8.25000000 37185LAP7 74000.00000000 PA USD 76245.60000000 0.045807070411 Long DBT CORP US N 2 2029-01-15 Fixed 8.25000000 N N N N N N HILCORP ENERGY 6.25% 04/15/32 N/A HILCORP ENERGY I/HILCORP REGD 144A P/P 6.25000000 431318AZ7 460000.00000000 PA USD 450480.21000000 0.270640911716 Long DBT CORP US Y 2 2032-04-15 Fixed 6.25000000 N N N N N N TREEHOUSE FOODS 7.75% 02/11/33 5493007M7EVHE470Q576 TREEHOUSE FOODS INC REGD 144A P/P 7.75000000 456142AA6 900000.00000000 PA USD 911047.50000000 0.547341970954 Long DBT CORP US Y 2 2033-02-11 Fixed 7.75000000 N N N N N N ATHENAHEALTH GRO 6.5% 02/15/30 254900AA3KZN4Q7A5Z33 ATHENAHEALTH GROUP INC REGD 144A P/P 6.50000000 60337JAA4 542000.00000000 PA USD 530134.86000000 0.318496081866 Long DBT CORP US Y 2 2030-02-15 Fixed 6.50000000 N N N N N N UNIVISION COMM 7.375% 06/30/30 N/A UNIVISION COMMUNICATIONS REGD 144A P/P 7.37500000 914906AX0 112000.00000000 PA USD 112527.07000000 0.067604365611 Long DBT CORP US Y 2 2030-06-30 Fixed 7.37500000 N N N N N N AMERICAN AXLE 6.375% 10/15/32 N/A AMERICAN AXLE & MFG INC REGD 144A P/P 6.37500000 02406PBC3 420000.00000000 PA USD 420632.02000000 0.252708622627 Long DBT CORP US Y 2 2032-10-15 Fixed 6.37500000 N N N N N N WBI OPERATING LL 6.5% 10/15/33 N/A WBI OPERATING LLC REGD 144A P/P 6.50000000 92944BAB7 495000.00000000 PA USD 496898.33000000 0.298528135257 Long DBT CORP US Y 2 2033-10-15 Fixed 6.50000000 N N N N N N HERC HOLDINGS INC 7% 06/15/30 549300TP80QLITMSBP82 HERC HOLDINGS INC REGD 144A P/P 7.00000000 42704LAF1 219000.00000000 PA USD 226719.31000000 0.136209137271 Long DBT CORP US Y 2 2030-06-15 Fixed 7.00000000 N N N N N N CRC INSURANCE 7.125% 06/01/31 N/A CRC INSURANCE GROUP LLC REGD 144A P/P 7.12500000 69867RAA5 785000.00000000 PA USD 785715.83000000 0.472044817643 Long DBT CORP US Y 2 2031-06-01 Fixed 7.12500000 N N N N N N C&W SENIOR FINANCE 9% 01/15/33 N/A C&W SENIOR FINANCE LTD REGD 144A P/P 9.00000000 12665MAA0 610000.00000000 PA USD 618591.85000000 0.371639549414 Long DBT CORP KY Y 2 2033-01-15 Fixed 9.00000000 N N N N N N SUNOCO LP 5.875% 03/15/34 54930001NJU8E40NQ561 SUNOCO LP REGD 144A P/P 5.87500000 86765KAG4 985000.00000000 PA USD 971276.19000000 0.583526352001 Long DBT CORP US Y 2 2034-03-15 Fixed 5.87500000 N N N N N N GOEASY LTD 6.875% 05/15/30 5493009DJVZG2P8YV435 GOEASY LTD REGD 144A P/P 6.87500000 380355AM9 788000.00000000 PA USD 716051.50000000 0.430191663238 Long DBT CORP CA Y 2 2030-05-15 Fixed 6.87500000 N N N N N N MATCH GROUP HL 3.625% 10/01/31 N/A MATCH GROUP HLD II LLC REGD 144A P/P 3.62500000 57667JAA0 149000.00000000 PA USD 134531.12000000 0.080824027699 Long DBT CORP US Y 2 2031-10-01 Fixed 3.62500000 N N N N N N AVANTOR FUNDIN 3.875% 11/01/29 N/A AVANTOR FUNDING INC REGD 144A P/P 3.87500000 05352TAB5 760000.00000000 PA USD 731492.40000000 0.439468295510 Long DBT CORP US Y 2 2029-11-01 Fixed 3.87500000 N N N N N N MATCH GROUP HL 6.125% 09/15/33 N/A MATCH GROUP HLD II LLC REGD 144A P/P 6.12500000 57667JAC6 415000.00000000 PA USD 408945.98000000 0.245687846909 Long DBT CORP US Y 2 2033-09-15 Fixed 6.12500000 N N N N N N NRG ENERGY INC 5.875% 05/15/34 5E2UPK5SW04M13XY7I38 NRG ENERGY INC REGD 144A P/P 5.87500000 629377DF6 430000.00000000 PA USD 419446.85000000 0.251996592482 Long DBT CORP US Y 2 2034-05-15 Fixed 5.87500000 N N N N N N CUSHMAN & WAKEF 6.75% 05/15/28 N/A CUSHMAN & WAKEFIELD US REGD 144A P/P 6.75000000 23166MAA1 78000.00000000 PA USD 78158.96000000 0.046956584825 Long DBT CORP US Y 2 2028-05-15 Fixed 6.75000000 N N N N N N HOWARD MIDSTRE 7.375% 07/15/32 N/A HOWARD MIDSTREAM ENERGY REGD 144A P/P 7.37500000 442722AC8 680000.00000000 PA USD 702389.68000000 0.421983872223 Long DBT CORP US Y 2 2032-07-15 Fixed 7.37500000 N N N N N N SM ENERGY CO 6.625% 04/15/34 84BUTVXV5ODI6BXNMH43 SM ENERGY CO REGD 144A P/P 6.62500000 78454LAZ3 285000.00000000 PA USD 286956.81000000 0.172398811219 Long DBT CORP US Y 2 2034-04-15 Fixed 6.62500000 N N N N N N CCO HLDGS LLC/ 6.375% 09/01/29 N/A CCO HLDGS LLC/CAP CORP REGD 144A P/P 6.37500000 1248EPCS0 319000.00000000 PA USD 319864.81000000 0.192169382545 Long DBT CORP US Y 2 2029-09-01 Fixed 6.37500000 N N N N N N STAR PARENT INC 9% 10/01/30 254900GRGCJYRMDRWT73 STAR PARENT INC REGD 144A P/P 9.00000000 855170AA4 910000.00000000 PA USD 956246.20000000 0.574496587527 Long DBT CORP US Y 2 2030-10-01 Fixed 9.00000000 N N N N N N SWORD PURCHASER 8.25% 04/15/33 N/A SWORD PURCHASER LLC REGD 144A P/P 8.25000000 87110CAB3 781000.00000000 PA USD 808756.74000000 0.485887407730 Long DBT CORP US Y 2 2033-04-15 Fixed 8.25000000 N N N N N N SOTERA HEALTH 7.375% 06/01/31 N/A SOTERA HEALTH HLDGS LLC REGD 144A P/P 7.37500000 83600WAE9 709000.00000000 PA USD 738374.58000000 0.443602993169 Long DBT CORP US Y 2 2031-06-01 Fixed 7.37500000 N N N N N N NOVELIS CORP 6.375% 08/15/33 N/A NOVELIS CORP REGD 144A P/P 6.37500000 670001AN6 864000.00000000 PA USD 865488.67000000 0.519970994351 Long DBT CORP US Y 2 2033-08-15 Fixed 6.37500000 N N N N N N WBI OPERATING L 6.25% 10/15/30 N/A WBI OPERATING LLC REGD 144A P/P 6.25000000 92944BAA9 405000.00000000 PA USD 407313.77000000 0.244707242672 Long DBT CORP US Y 2 2030-10-15 Fixed 6.25000000 N N N N N N CONCENTRA HEAL 6.875% 07/15/32 N/A CONCENTRA HEALTH SERVICE REGD 144A P/P 6.87500000 20600DAA1 778000.00000000 PA USD 806596.95000000 0.484589842328 Long DBT CORP US Y 2 2032-07-15 Fixed 6.87500000 N N N N N N STONEPEAK NILE 7.25% 03/15/32 N/A STONEPEAK NILE PARENT REGD 144A P/P 7.25000000 861932AA9 838000.00000000 PA USD 862668.21000000 0.518276509557 Long DBT CORP US Y 2 2032-03-15 Fixed 7.25000000 N N N N N N QXO BUILDING PR 6.75% 04/30/32 549300HDXQWWCBOYXP31 QXO BUILDING PRODUCTS REGD 144A P/P 6.75000000 74825NAA5 552000.00000000 PA USD 565033.82000000 0.339462788377 Long DBT CORP US Y 2 2032-04-30 Fixed 6.75000000 N N N N N N VIASAT INC 7.5% 05/30/31 UFC8NYMNFSYIHNSM2I38 VIASAT INC REGD 144A P/P 7.50000000 92552VAR1 734000.00000000 PA USD 737189.23000000 0.442890854883 Long DBT CORP US Y 2 2031-05-30 Fixed 7.50000000 N N N N N N ROGERS COMMUNICAT V/R 04/15/55 5493000M6Z4XFIP6PF03 ROGERS COMMUNICATIONS IN REGD V/R 7.12500000 775109DH1 404000.00000000 PA USD 406676.02000000 0.244324093229 Long DBT CORP CA N 2 2055-04-15 Variable 7.12500000 N N N N N N NRG ENERGY INC 3.625% 02/15/31 5E2UPK5SW04M13XY7I38 NRG ENERGY INC REGD 144A P/P 3.62500000 629377CR1 597000.00000000 PA USD 550583.97000000 0.330781562229 Long DBT CORP US Y 2 2031-02-15 Fixed 3.62500000 N N N N N N TALEN ENERGY SU 6.25% 02/01/34 N/A TALEN ENERGY SUPPLY LLC REGD 144A P/P 6.25000000 87422VAM0 375000.00000000 PA USD 368439.30000000 0.221352116809 Long DBT CORP US Y 2 2034-02-01 Fixed 6.25000000 N N N N N N NRG ENERGY INC 6% 01/15/36 5E2UPK5SW04M13XY7I38 NRG ENERGY INC REGD 144A P/P 6.00000000 629377DD1 100000.00000000 PA USD 97302.37000000 0.058457622653 Long DBT CORP US Y 2 2036-01-15 Fixed 6.00000000 N N N N N N ILIAD HOLDING SAS 7% 04/15/32 9695009BGMXB527HV965 ILIAD HOLDING SAS REGD 144A P/P 7.00000000 449691AG9 1185000.00000000 PA USD 1196034.72000000 0.718557485723 Long DBT CORP FR Y 2 2032-04-15 Fixed 7.00000000 N N N N N N ROCKET COS INC 6.125% 08/01/31 N/A ROCKET COS INC REGD 144A P/P 6.12500000 77311WAE1 383000.00000000 PA USD 388503.27000000 0.233406211557 Long DBT CORP US Y 2 2031-08-01 Fixed 6.12500000 N N N N N N ALLY FINANCIAL IN V/R 01/17/40 549300JBN1OSM8YNAI90 ALLY FINANCIAL INC REGD V/R 6.64600000 02005NBY5 380000.00000000 PA USD 372396.35000000 0.223729445704 Long DBT CORP US N 2 2040-01-17 Variable 6.64600000 N N N N N N CORE SCIENTIFIC 7.75% 05/15/31 N/A CORE SCIENTIFIC FINANCE REGD 144A P/P 7.75000000 21874LAA0 895000.00000000 PA USD 868960.27000000 0.522056673074 Long DBT CORP US Y 2 2031-05-15 Fixed 7.75000000 N N N N N N GENESIS ENERGY 6.75% 03/15/34 N/A GENESIS ENERGY LP/FIN REGD 6.75000000 37185LAS1 240000.00000000 PA USD 241728.00000000 0.145226105065 Long DBT CORP US N 2 2034-03-15 Fixed 6.75000000 N N N N N N SLM CORP V/R 05/15/32 N/A SLM CORP REGD V/R 6.49500000 78442PGG5 535000.00000000 PA USD 537126.63000000 0.322696619348 Long DBT CORP US N 2 2032-05-15 Variable 6.49500000 N N N N N N FMC CORP V/R 11/01/55 CKDHZ2X64EEBQCSP7013 FMC CORP REGD V/R 8.45000000 302491AZ8 1365000.00000000 PA USD 1008107.37000000 0.605653903697 Long DBT CORP US N 2 2055-11-01 Variable 8.45000000 N N N N N N TENET HEALTHCARE 5.5% 11/15/32 0W9AIBT6U6ADJ2I8HK17 TENET HEALTHCARE CORP REGD 144A P/P 5.50000000 88033GDW7 1016000.00000000 PA USD 1002882.22000000 0.602514721712 Long DBT CORP US Y 2 2032-11-15 Fixed 5.50000000 N N N N N N FLASH COMPUTE L 7.25% 12/31/30 N/A FLASH COMPUTE LLC REGD 144A P/P 7.25000000 33853QAA9 735000.00000000 PA USD 739548.92000000 0.444308516833 Long DBT CORP US Y 2 2030-12-31 Fixed 7.25000000 N N N N N N MELCO RESORTS FI 6.5% 09/24/33 N/A MELCO RESORTS FINANCE REGD 144A P/P 6.50000000 58547DAJ8 200000.00000000 PA USD 194246.02000000 0.116699732381 Long DBT CORP HK Y 2 2033-09-24 Fixed 6.50000000 N N N N N N CREDIT ACCEPTA 6.625% 03/15/30 N/A CREDIT ACCEPTANC REGD 144A P/P 6.62500000 225310AS0 285000.00000000 PA USD 286358.03000000 0.172039074294 Long DBT CORP US Y 2 2030-03-15 Fixed 6.62500000 N N N N N N ALLY FINANCIAL I 6.7% 02/14/33 549300JBN1OSM8YNAI90 ALLY FINANCIAL INC REGD 6.70000000 02005NBS8 367000.00000000 PA USD 373591.98000000 0.224447760040 Long DBT CORP US N 2 2033-02-14 Fixed 6.70000000 N N N N N N HARVEST MIDSTREA 7.5% 05/15/32 549300DW5M17KJOXCY66 HARVEST MIDSTREAM I LP REGD 144A P/P 7.50000000 417558AB9 290000.00000000 PA USD 300800.76000000 0.180716022866 Long DBT CORP US Y 2 2032-05-15 Fixed 7.50000000 N N N N N N ASURION LLC/AS 8.375% 02/01/34 N/A ASURION LLC/ASURION CO REGD 144A P/P 8.37500000 045941AB7 1170000.00000000 PA USD 1056782.57000000 0.634897142831 Long DBT CORP US Y 2 2034-02-01 Fixed 8.37500000 N N N N N N NES FIRCROFT BOND 10% 08/13/31 N/A NES FIRCROFT BONDCO AS REGD 10.00000000 R4S31RAB2 375000.00000000 PA USD 380973.70000000 0.228882572906 Long DBT CORP NO Y 2 2031-08-13 Fixed 10.00000000 N N N N N N CALIFORNIA RESO 7.25% 01/15/35 5493003Q8F0T4F4YMR48 CALIFORNIA RESOURCES CRP REGD 144A P/P 7.25000000 13057QAM9 810000.00000000 PA USD 812408.94000000 0.488081587886 Long DBT CORP US Y 2 2035-01-15 Fixed 7.25000000 N N N N N N STARWOOD PROPERT 6.5% 07/01/30 BUGSFQZERKRBFWIG5267 STARWOOD PROPERTY TRUST REGD 144A P/P 6.50000000 85571BBD6 586000.00000000 PA USD 597492.63000000 0.358963493928 Long DBT CORP US Y 2 2030-07-01 Fixed 6.50000000 N N N N N N RFNA LP 7.875% 02/15/30 2549002A4GSOTYKKHR45 RFNA LP REGD 144A P/P 7.87500000 74984AAA0 960000.00000000 PA USD 972763.20000000 0.584419722527 Long DBT CORP US Y 2 2030-02-15 Fixed 7.87500000 N N N N N N ADI GLOBAL DIS 7.125% 07/15/34 N/A ADI GLOBAL DISTRIBUTION REGD 144A P/P 7.12500000 00093AAA3 476000.00000000 PA USD 493429.07000000 0.296443862367 Long DBT CORP US Y 2 2034-07-15 Fixed 7.12500000 N N N N N N MINERAL RESOURC 9.25% 10/01/28 5299007V1ACKFFX2P066 MINERAL RESOURCES LTD REGD 144A P/P 9.25000000 603051AE3 48000.00000000 PA USD 49416.68000000 0.029688707810 Long DBT CORP AU Y 2 2028-10-01 Fixed 9.25000000 N N N N N N TRAVEL + LEISUR 6.25% 06/01/31 T4VNTWMFQ7JQB65L7T35 TRAVEL + LEISURE CO REGD 144A P/P 6.25000000 894164AD4 405000.00000000 PA USD 408223.34000000 0.245253696986 Long DBT CORP US Y 2 2031-06-01 Fixed 6.25000000 N N N N N N INGRAM MICRO IN 4.75% 05/15/29 N/A INGRAM MICRO INC REGD 144A P/P 4.75000000 45258LAA5 700000.00000000 PA USD 685343.05000000 0.411742544452 Long DBT CORP US Y 2 2029-05-15 Fixed 4.75000000 N N N N N N HA SUSTAINABLE IN V/R 06/01/56 254900ZZRL7MWL1X8E92 HA SUSTAINABLE INF CAP REGD V/R 8.00000000 41068XAG5 435000.00000000 PA USD 458363.42000000 0.275377011315 Long DBT CORP US N 2 2056-06-01 Variable 8.00000000 N N N N N N CLYDESDALE ACQU 8.75% 04/15/30 254900QKSDYFR3K5YD98 CLYDESDALE ACQUISITION REGD 144A P/P 8.75000000 18972EAB1 708000.00000000 PA USD 701338.73000000 0.421352479189 Long DBT CORP US Y 2 2030-04-15 Fixed 8.75000000 N N N N N N HILCORP ENERGY 8.375% 11/01/33 N/A HILCORP ENERGY I/HILCORP REGD 144A P/P 8.37500000 431318BC7 300000.00000000 PA USD 318308.70000000 0.191234497904 Long DBT CORP US Y 2 2033-11-01 Fixed 8.37500000 N N N N N N XPLR INFRAST O 8.375% 01/15/31 N/A XPLR INFRAST OPERATING REGD 144A P/P 8.37500000 98380MAA3 127000.00000000 PA USD 135341.74000000 0.081311034522 Long DBT CORP US Y 2 2031-01-15 Fixed 8.37500000 N N N N N N EXCELERATE ENERGY 8% 05/15/30 LGL4IE90TNTFYJ55BK06 EXCELERATE ENERGY LP REGD 144A P/P 8.00000000 30069UAA6 775000.00000000 PA USD 815836.30000000 0.490140687964 Long DBT CORP US Y 2 2030-05-15 Fixed 8.00000000 N N N N N N CLEVELAND-CLIF 7.625% 01/15/34 549300TM2WLI2BJMDD86 CLEVELAND-CLIFFS INC REGD 144A P/P 7.62500000 18589GAA3 275000.00000000 PA USD 280730.73000000 0.168658287373 Long DBT CORP US Y 2 2034-01-15 Fixed 7.62500000 N N N N N N ALBERTSONS COS/ 5.75% 03/31/34 N/A ALBERTSONS COS/SAFEWAY REGD 144A P/P 5.75000000 01309QAD0 701000.00000000 PA USD 658940.63000000 0.395880415857 Long DBT CORP US Y 2 2034-03-31 Fixed 5.75000000 N N N N N N RACKSPACE FINANC 3.5% 05/15/28 N/A RACKSPACE FINANCE LLC REGD 144A P/P 3.50000000 75008WAA1 1190824.00000000 PA USD 1000292.16000000 0.600958657352 Long DBT CORP US Y 2 2028-05-15 Fixed 3.50000000 N N N N N N CAPSTONE COPPER 6.75% 03/31/33 549300III6KGKKC42W63 CAPSTONE COPPER CORP REGD 144A P/P 6.75000000 14071LAA6 967000.00000000 PA USD 984013.40000000 0.591178652925 Long DBT CORP CA Y 2 2033-03-31 Fixed 6.75000000 N N N N N N ARDAGH METAL PA 6.25% 01/30/31 N/A ARDAGH METAL PACKAGING REGD 144A P/P 6.25000000 03969YAD0 805000.00000000 PA USD 808748.89000000 0.485882691582 Long DBT CORP US Y 2 2031-01-30 Fixed 6.25000000 N N N N N N NEXSTAR MEDIA I 7.25% 04/15/34 N/A NEXSTAR MEDIA INC REGD 144A P/P 7.25000000 65346UAA7 1459000.00000000 PA USD 1478670.24000000 0.888360138799 Long DBT CORP US Y 2 2034-04-15 Fixed 7.25000000 N N N N N N ONT GAMING GTA/OTG 8% 08/01/30 N/A ONT GAMING GTA/OTG CO-IS REGD 144A P/P 8.00000000 68306MAA7 1020000.00000000 PA USD 1026154.68000000 0.616496423133 Long DBT CORP CA Y 2 2030-08-01 Fixed 8.00000000 N N N N N N SIRIUS XM RADI 3.875% 09/01/31 N/A SIRIUS XM RADIO LLC REGD 144A P/P 3.87500000 82967NBM9 546000.00000000 PA USD 497900.35000000 0.299130131972 Long DBT CORP US Y 2 2031-09-01 Fixed 3.87500000 N N N N N N CRESCENT ENERG 7.875% 04/15/32 54930061FUL6DBLFUW14 CRESCENT ENERGY FINANCE REGD 144A P/P 7.87500000 516806AK2 230000.00000000 PA USD 237727.77000000 0.142822834355 Long DBT CORP US Y 2 2032-04-15 Fixed 7.87500000 N N N N N N ZAYO GROUP HOL 13.75% 09/09/30 529900Z6OTS7RT0V0I47 ZAYO GROUP HOLDINGS INC REGD P/P 13.75000000 98919VAD7 1327675.00000000 PA USD 1320386.06000000 0.793265673305 Long DBT CORP US Y 2 2030-09-09 Fixed 13.75000000 N N Y N N N MATCH GROUP HL 4.125% 08/01/30 N/A MATCH GROUP HLD II LLC REGD 144A P/P 4.12500000 57665RAL0 434000.00000000 PA USD 408710.47000000 0.245546356473 Long DBT CORP US Y 2 2030-08-01 Fixed 4.12500000 N N N N N N PARAMOUNT GLOBAL V/R 03/30/62 5KYC8KF17ROCY24M3H09 PARAMOUNT GLOBAL REGD V/R 6.37500000 92556HAE7 222000.00000000 PA USD 182298.03000000 0.109521581521 Long DBT CORP US N 2 2062-03-30 Variable 6.37500000 N N N N N N AMKOR TECHNOLO 5.875% 10/01/33 529900VHLRTKPWZJBM84 AMKOR TECHNOLOGY INC REGD 144A P/P 5.87500000 031652BL3 605000.00000000 PA USD 595662.79000000 0.357864156921 Long DBT CORP US Y 2 2033-10-01 Fixed 5.87500000 N N N N N N ASURION LLC/ASURIO 8% 12/31/32 N/A ASURION LLC/ASURION CO REGD 144A P/P 8.00000000 045941AA9 920000.00000000 PA USD 915962.76000000 0.550294976254 Long DBT CORP US Y 2 2032-12-31 Fixed 8.00000000 N N N N N N BANIJAY ENTERT 8.125% 05/01/29 N/A BANIJAY ENTERTAINMENT REGD 144A P/P 8.12500000 060335AB2 755000.00000000 PA USD 775656.80000000 0.466001522089 Long DBT CORP FR Y 2 2029-05-01 Fixed 8.12500000 N N N N N N TTM TECHNOLOGIES I 4% 03/01/29 549300SC4BDOIS008048 TTM TECHNOLOGIES INC REGD 144A P/P 4.00000000 87305RAK5 845000.00000000 PA USD 814575.86000000 0.489383436872 Long DBT CORP US Y 2 2029-03-01 Fixed 4.00000000 N N N N N N PRESTIGE BRANDS 6.25% 07/15/34 N/A PRESTIGE BRANDS INC REGD 144A P/P 6.25000000 74112BAN5 603000.00000000 PA USD 605855.21000000 0.363987590937 Long DBT CORP US Y 2 2034-07-15 Fixed 6.25000000 N N N N N N XPLR INFRAST OP 7.75% 04/15/34 N/A XPLR INFRAST OPERATING REGD 144A P/P 7.75000000 98379YAA0 331000.00000000 PA USD 350791.48000000 0.210749604227 Long DBT CORP US Y 2 2034-04-15 Fixed 7.75000000 N N N N N N CARNIVAL CORP 6.125% 02/15/33 F1OF2ZSX47CR0BCWA982 CARNIVAL CORP LTD REGD 144A P/P 6.12500000 143658BX9 595000.00000000 PA USD 596752.28000000 0.358518704136 Long DBT CORP US Y 2 2033-02-15 Fixed 6.12500000 N N N N N N VENTURE GLOBAL 6.625% 06/15/36 54930011XLBUWMQUC829 VENTURE GLOBAL LNG INC REGD 144A P/P 6.62500000 92332YAH4 360000.00000000 PA USD 361616.76000000 0.217253249856 Long DBT CORP US Y 2 2036-06-15 Fixed 6.62500000 N N N N N N UKG INC 6.875% 02/01/31 N/A UKG INC REGD 144A P/P 6.87500000 90279XAA0 965000.00000000 PA USD 952146.20000000 0.572033376684 Long DBT CORP US Y 2 2031-02-01 Fixed 6.87500000 N N N N N N STINGRAY COMPUTE 6% 06/15/31 N/A STINGRAY COMPUTE REGD 144A P/P 6.00000000 86083AAA4 275000.00000000 PA USD 268013.02000000 0.161017701720 Long DBT CORP US Y 2 2031-06-15 Fixed 6.00000000 N N N N N N MATTAMY GROUP CORP 6% 12/15/33 5493008TNY7A82WCXU31 MATTAMY GROUP CORP REGD 144A P/P 6.00000000 57701RAQ5 600000.00000000 PA USD 581757.12000000 0.349509864938 Long DBT CORP CA Y 2 2033-12-15 Fixed 6.00000000 N N N N N N HLF FIN SARL LL 7.75% 05/01/33 N/A HLF FIN SARL LLC/HERBALI REGD 144A P/P 7.75000000 40390DAE5 599000.00000000 PA USD 605546.12000000 0.363801894878 Long DBT CORP US Y 2 2033-05-01 Fixed 7.75000000 N N N N N N MURPHY OIL CORP 6.5% 02/15/34 QBKYQD0ODE7DC7PDIN91 MURPHY OIL CORP REGD 6.50000000 626717AQ5 895000.00000000 PA USD 892481.56000000 0.536187867362 Long DBT CORP US N 2 2034-02-15 Fixed 6.50000000 N N N N N N MINERAL RESOURCES 6% 05/01/32 5299007V1ACKFFX2P066 MINERAL RESOURCES LTD REGD 144A P/P 6.00000000 603051AG8 220000.00000000 PA USD 217314.27000000 0.130558747878 Long DBT CORP AU Y 2 2032-05-01 Fixed 6.00000000 N N N N N N TRAVEL + LEISU 6.125% 09/01/33 T4VNTWMFQ7JQB65L7T35 TRAVEL + LEISURE CO REGD 144A P/P 6.12500000 894164AC6 410000.00000000 PA USD 404625.23000000 0.243092013189 Long DBT CORP US Y 2 2033-09-01 Fixed 6.12500000 N N N N N N CCO HLDGS LLC/CA 4.5% 05/01/32 N/A CCO HLDGS LLC/CAP CORP REGD SER WI 4.50000000 1248EPCN1 680000.00000000 PA USD 598476.30000000 0.359554466272 Long DBT CORP US N 2 2032-05-01 Fixed 4.50000000 N N N N N N GOEASY LTD 7.625% 07/01/29 5493009DJVZG2P8YV435 GOEASY LTD REGD 144A P/P 7.62500000 380355AJ6 472000.00000000 PA USD 451877.27000000 0.271480241799 Long DBT CORP CA Y 2 2029-07-01 Fixed 7.62500000 N N N N N N COREWEAVE INC 9.625% 07/15/32 984500511DP2B6186053 COREWEAVE INC REGD 144A P/P 9.62500000 21873SAK4 350000.00000000 PA USD 309042.82000000 0.185667713492 Long DBT CORP US Y 2 2032-07-15 Fixed 9.62500000 N N N N N N APLD COMPUTECO 6.75% 03/15/31 N/A APLD COMPUTECO 2 LLC REGD 144A P/P 6.75000000 03772CAA1 910000.00000000 PA USD 873168.94000000 0.524585171020 Long DBT CORP US Y 2 2031-03-15 Fixed 6.75000000 N N N N N N SILGAN HOLDING 4.125% 02/01/28 KAF673KJXD92C8KSLU49 SILGAN HOLDINGS INC REGD 4.12500000 827048AW9 479000.00000000 PA USD 473379.27000000 0.284398280716 Long DBT CORP US N 2 2028-02-01 Fixed 4.12500000 N N N N N N DELEK LOG PART 7.375% 06/30/33 N/A DELEK LOG PART/FINANCE REGD 144A P/P 7.37500000 24665FAE2 689000.00000000 PA USD 709414.38000000 0.426204193494 Long DBT CORP US Y 2 2033-06-30 Fixed 7.37500000 N N N N N N NCL CORPORATION 6.25% 03/01/30 N/A NCL CORPORATION LTD REGD 144A P/P 6.25000000 62886HBP5 350000.00000000 PA USD 349958.04000000 0.210248887533 Long DBT CORP US Y 2 2030-03-01 Fixed 6.25000000 N N N N N N CLEARWAY ENERGY 3.75% 01/15/32 N/A CLEARWAY ENERGY OP LLC REGD 144A P/P 3.75000000 18539UAE5 795000.00000000 PA USD 718344.11000000 0.431569024656 Long DBT CORP US Y 2 2032-01-15 Fixed 3.75000000 N N N N N N BELL CANADA V/R 09/15/55 5493000G3EFX9S7TDE29 BELL CANADA REGD V/R 7.00000000 0778FPAQ2 445000.00000000 PA USD 449927.49000000 0.270308846863 Long DBT CORP CA N 2 2055-09-15 Variable 7.00000000 N N N N N N PETCO HEALTH & 8.25% 02/01/31 2549007TYGV6RVSE9M61 PETCO HEALTH & WELLNESS REGD 144A P/P 8.25000000 71601VAA3 690000.00000000 PA USD 701666.52000000 0.421549409892 Long DBT CORP US Y 2 2031-02-01 Fixed 8.25000000 N N N N N N HLF FIN SARL L 4.875% 06/01/29 N/A HLF FIN SARL LLC/HERBALI REGD 144A P/P 4.87500000 40390DAC9 760000.00000000 PA USD 715811.78000000 0.430047643506 Long DBT CORP US Y 2 2029-06-01 Fixed 4.87500000 N N N N N N GENESIS ENERGY 7.875% 05/15/32 N/A GENESIS ENERGY LP/FIN REGD 7.87500000 37185LAQ5 85000.00000000 PA USD 88258.56000000 0.053024254151 Long DBT CORP US N 2 2032-05-15 Fixed 7.87500000 N N N N N N BLACKSTONE MORT 7.75% 12/01/29 549300OLDJ20R2Y2UW20 BLACKSTONE MORTGAGE TR REGD 144A P/P 7.75000000 09257WAF7 716000.00000000 PA USD 742249.99000000 0.445931274129 Long DBT CORP US Y 2 2029-12-01 Fixed 7.75000000 N N N N N N CCO HLDGS LLC/CAP 7% 02/01/33 N/A CCO HLDGS LLC/CAP CORP REGD 144A P/P 7.00000000 1248EPCU5 660000.00000000 PA USD 644722.98000000 0.387338691553 Long DBT CORP US Y 2 2033-02-01 Fixed 7.00000000 N N N N N XPLR INFRAST OP 7.25% 01/15/29 N/A XPLR INFRAST OPERATING REGD 144A P/P 7.25000000 65342QAM4 558000.00000000 PA USD 577092.53000000 0.346707457946 Long DBT CORP US Y 2 2029-01-15 Fixed 7.25000000 N N N N N N FLUTTER TREASU 5.875% 06/04/31 N/A FLUTTER TREASURY DAC REGD 144A P/P 5.87500000 344045AB5 875000.00000000 PA USD 860463.63000000 0.516952035078 Long DBT CORP IE Y 2 2031-06-04 Fixed 5.87500000 N N N N N N MINERAL RESOURC 6.25% 05/01/34 5299007V1ACKFFX2P066 MINERAL RESOURCES LTD REGD 144A P/P 6.25000000 603051AH6 220000.00000000 PA USD 215513.69000000 0.129476989786 Long DBT CORP AU Y 2 2034-05-01 Fixed 6.25000000 N N N N N N EQUIPMENTSHARE 8.625% 05/15/32 254900PWJK48CGPKPI80 EQUIPMENTSHARE.COM INC REGD 144A P/P 8.62500000 29450YAB5 395000.00000000 PA USD 411048.85000000 0.246951215735 Long DBT CORP US Y 2 2032-05-15 Fixed 8.62500000 N N N N N N NORTHERN OIL & 7.875% 10/15/33 OKFF0PIZDDMNH4UCYE51 NORTHERN OIL & GAS INC REGD 144A P/P 7.87500000 665531AL3 740000.00000000 PA USD 761623.54000000 0.457570576186 Long DBT CORP US Y 2 2033-10-15 Fixed 7.87500000 N N N N N N PETSMART LLC/PET 7.5% 09/15/32 N/A PETSMART LLC/PETSMART FI REGD 144A P/P 7.50000000 71677KAC2 500000.00000000 PA USD 505134.55000000 0.303476317309 Long DBT CORP US Y 2 2032-09-15 Fixed 7.50000000 N N N N N N RHP HOTEL PPTY/ 6.25% 02/15/35 N/A RHP HOTEL PPTY/RHP FINAN REGD 144A P/P 6.25000000 74984CAB4 260000.00000000 PA USD 261666.72000000 0.157204951726 Long DBT CORP US Y 2 2035-02-15 Fixed 6.25000000 N N N N N N MOLINA HEALTHCA 6.25% 01/15/33 549300NQQCEQ46YHZ591 MOLINA HEALTHCARE INC REGD 144A P/P 6.25000000 60855RAM2 765000.00000000 PA USD 761119.23000000 0.457267595245 Long DBT CORP US Y 2 2033-01-15 Fixed 6.25000000 N N N N N N CRESCENT ENERG 7.375% 01/15/33 54930061FUL6DBLFUW14 CRESCENT ENERGY FINANCE REGD 144A P/P 7.37500000 45344LAE3 345000.00000000 PA USD 352487.54000000 0.211768568466 Long DBT CORP US Y 2 2033-01-15 Fixed 7.37500000 N N N N N N IRON MOUNTAIN I 6.25% 01/15/35 SQL3F6CKNNBM3SQGHX24 IRON MOUNTAIN INC REGD 144A P/P 6.25000000 46284VAR2 595000.00000000 PA USD 588294.65000000 0.353437502690 Long DBT CORP US Y 2 2035-01-15 Fixed 6.25000000 N N N N N N LIGHT & WONDER 6.25% 10/01/33 N/A LIGHT & WONDER INTL INC REGD 144A P/P 6.25000000 531968AB1 895000.00000000 PA USD 892046.50000000 0.535926490652 Long DBT CORP US Y 2 2033-10-01 Fixed 6.25000000 N N N N N NEPTUNE BIDCO U 9.29% 04/15/29 N/A NEPTUNE BIDCO US INC REGD 144A P/P 9.29000000 640695AA0 598000.00000000 PA USD 612660.57000000 0.368076136436 Long DBT CORP US Y 2 2029-04-15 Fixed 9.29000000 N N N N N N KODIAK GAS SERV 6.75% 10/01/35 N/A KODIAK GAS SERVICES LLC REGD 144A P/P 6.75000000 50012LAE4 148000.00000000 PA USD 150953.45000000 0.090690286560 Long DBT CORP US Y 2 2035-10-01 Fixed 6.75000000 N N N N N N FMC CORP 8% 06/01/31 CKDHZ2X64EEBQCSP7013 FMC CORP REGD 144A P/P 8.00000000 302491BA2 280000.00000000 PA USD 289968.56000000 0.174208219818 Long DBT CORP US Y 2 2031-06-01 Fixed 8.00000000 N N N N N N FIGURE TECHNOLOG 8.5% 07/31/31 N/A FIGURE TECHNOLOGY SOLUTI REGD 144A P/P 8.50000000 349381AA1 900000.00000000 PA USD 910008.00000000 0.546717456887 Long DBT CORP US Y 2 2031-07-31 Fixed 8.50000000 N N N N N N WILDFIRE INTERME 7.5% 10/15/29 5493003RHEMQJZEXIR02 WILDFIRE INTERMEDIATE HO REGD 144A P/P 7.50000000 96812HAA6 517000.00000000 PA USD 536064.99000000 0.322058803943 Long DBT CORP US Y 2 2029-10-15 Fixed 7.50000000 N N N N N N AMERICAN AXLE & 7.75% 10/15/33 N/A AMERICAN AXLE & MFG INC REGD 144A P/P 7.75000000 02406PBD1 535000.00000000 PA USD 537826.48000000 0.323117077424 Long DBT CORP US Y 2 2033-10-15 Fixed 7.75000000 N N N N N ARCHROCK SERVICES/ 6% 02/01/34 N/A ARCHROCK SERVICES/PARTNE REGD 144A P/P 6.00000000 03958CAA7 360000.00000000 PA USD 355068.40000000 0.213319105622 Long DBT CORP US Y 2 2034-02-01 Fixed 6.00000000 N N N N N N GEN DIGITAL INC 6.25% 04/01/33 YF6ZV0M6AU4FY94MK914 GEN DIGITAL INC REGD 144A P/P 6.25000000 668771AM0 469000.00000000 PA USD 469194.68000000 0.281884249627 Long DBT CORP US Y 2 2033-04-01 Fixed 6.25000000 N N N N N N BELL CANADA V/R 09/15/55 5493000G3EFX9S7TDE29 BELL CANADA REGD V/R 6.87500000 0778FPAP4 438000.00000000 PA USD 444110.10000000 0.266813857076 Long DBT CORP CA N 2 2055-09-15 Variable 6.87500000 N N N N N N HOWARD MIDSTRE 6.625% 01/15/34 N/A HOWARD MIDSTREAM ENERGY REGD 144A P/P 6.62500000 442722AD6 35000.00000000 PA USD 35315.60000000 0.021217016795 Long DBT CORP US Y 2 2034-01-15 Fixed 6.62500000 N N N N N N BALDWIN INSUR 7.125% 05/15/31 N/A BALDWIN INSUR GRP/FIN REGD 144A P/P 7.12500000 05825XAA7 608000.00000000 PA USD 619711.90000000 0.372312456562 Long DBT CORP US Y 2 2031-05-15 Fixed 7.12500000 N N N N N N HILTON GRAND V 4.875% 07/01/31 N/A HILTON GRAND VAC LLC/INC REGD 144A P/P 4.87500000 43284MAB4 886000.00000000 PA USD 820553.84000000 0.492974906423 Long DBT CORP US Y 2 2031-07-01 Fixed 4.87500000 N N N N N N CSC HOLDINGS LLC 4.5% 11/15/31 N/A CSC HOLDINGS LLC REGD 144A P/P 4.50000000 126307BH9 200000.00000000 PA USD 105000.00000000 0.063082228918 Long DBT CORP US Y 2 2031-11-15 Fixed 4.50000000 N N N N N POST HOLDINGS I 6.25% 10/15/34 JM1I5YUAURL6DC8N1468 POST HOLDINGS INC REGD 144A P/P 6.25000000 737446AX2 1095000.00000000 PA USD 1057978.49000000 0.635615631395 Long DBT CORP US Y 2 2034-10-15 Fixed 6.25000000 N N N N N N KODIAK GAS SERVI 6.5% 10/01/33 N/A KODIAK GAS SERVICES LLC REGD 144A P/P 6.50000000 50012LAD6 142000.00000000 PA USD 143462.74000000 0.086189994341 Long DBT CORP US Y 2 2033-10-01 Fixed 6.50000000 N N N N N N VENTURE GLOBAL 8.375% 06/01/31 54930011XLBUWMQUC829 VENTURE GLOBAL LNG INC REGD 144A P/P 8.37500000 92332YAB7 792000.00000000 PA USD 823876.42000000 0.494971056443 Long DBT CORP US Y 2 2031-06-01 Fixed 8.37500000 N N N N N N LBM ACQUISITION 9.5% 06/15/31 549300FAEB3VWZL4NI86 LBM ACQUISITION LLC REGD 144A P/P 9.50000000 52109SAB5 940000.00000000 PA USD 777769.57000000 0.467270838668 Long DBT CORP US Y 2 2031-06-15 Fixed 9.50000000 N N N N N CROWN AMERICAS 5.875% 06/01/33 N/A CROWN AMERICAS LLC REGD 5.87500000 22819CAA6 245000.00000000 PA USD 245590.94000000 0.147546894259 Long DBT CORP US N 2 2033-06-01 Fixed 5.87500000 N N N N N N FIRST QUANTUM 6.375% 02/15/36 549300I7UVBGWRYMYZ18 FIRST QUANTUM MINERALS L REGD 144A P/P 6.37500000 335934AY1 580000.00000000 PA USD 565885.38000000 0.339974391262 Long DBT CORP CA Y 2 2036-02-15 Fixed 6.37500000 N N N N N N APLD COMPUTECO 3 L 7% 06/15/31 N/A APLD COMPUTECO 3 LLC REGD 144A P/P 7.00000000 03790NAA5 216000.00000000 PA USD 207636.20000000 0.124744326667 Long DBT CORP US Y 2 2031-06-15 Fixed 7.00000000 N N N N N N GALAXY HELIOS 9.875% 08/01/31 N/A GALAXY HELIOS DATA CNTR REGD 144A P/P 9.87500000 36322DAA4 1030000.00000000 PA USD 1020814.23000000 0.613287970853 Long DBT CORP US Y 2 2031-08-01 Fixed 9.87500000 N N N N N N DIRECTV FIN LLC 9.25% 06/01/32 N/A DIRECTV FIN LLC/COINC REGD 144A P/P 9.25000000 25461LAE2 1063000.00000000 PA USD 1110170.63000000 0.666971788759 Long DBT CORP US Y 2 2032-06-01 Fixed 9.25000000 N N N N N N GEN DIGITAL IN 7.125% 09/30/30 YF6ZV0M6AU4FY94MK914 GEN DIGITAL INC REGD 144A P/P 7.12500000 668771AL2 198000.00000000 PA USD 201612.11000000 0.121125155006 Long DBT CORP US Y 2 2030-09-30 Fixed 7.12500000 N N N N N N ELK GROVE VILLAG 7.5% 06/15/31 254900LQ6GXC66JXL664 ELK GROVE VILLAGE PROPER REGD 144A P/P 7.50000000 28734DAA3 790000.00000000 PA USD 759482.38000000 0.456284203374 Long DBT CORP US Y 2 2031-06-15 Fixed 7.50000000 N N N N N N CONNECT FINCO SARL 9% 09/15/29 N/A CONNECT FINCO SARL/CONNE REGD 144A P/P 9.00000000 20752TAB0 460000.00000000 PA USD 481605.28000000 0.289340328772 Long DBT CORP LU Y 2 2029-09-15 Fixed 9.00000000 N N N N N N LADDER CAP FIN LLL 7% 07/15/31 N/A LADDER CAP FIN LLLP/CORP REGD 144A P/P 7.00000000 505742AR7 447000.00000000 PA USD 461989.25000000 0.277555348820 Long DBT CORP US Y 2 2031-07-15 Fixed 7.00000000 N N N N N N SABLE INTL FIN 7.125% 10/15/32 N/A SABLE INTL FINANCE LTD REGD 144A P/P 7.12500000 785712AK6 735000.00000000 PA USD 726133.55000000 0.436248788820 Long DBT CORP KY Y 2 2032-10-15 Fixed 7.12500000 N N N N N N ZF NA CAPITAL 6.875% 04/23/32 N/A ZF NA CAPITAL REGD 144A P/P 6.87500000 98877DAG0 730000.00000000 PA USD 732202.13000000 0.439894689323 Long DBT CORP US Y 2 2032-04-23 Fixed 6.87500000 N N N N N N CSC HOLDINGS LLC 6.5% 02/01/29 N/A CSC HOLDINGS LLC REGD 144A P/P 6.50000000 126307AZ0 199000.00000000 PA USD 105712.22000000 0.063510118680 Long DBT CORP US Y 2 2029-02-01 Fixed 6.50000000 N N N N N N ALLIANT HOLD / C 6.5% 10/01/31 N/A ALLIANT HOLD / CO-ISSUER REGD 144A P/P 6.50000000 01883LAG8 760000.00000000 PA USD 764324.40000000 0.459193207318 Long DBT CORP US Y 2 2031-10-01 Fixed 6.50000000 N N N N N N BIOMARIN PHARMAC 5.5% 02/15/34 NSLL8ITTRR0J5HEMR848 BIOMARIN PHARMACEUTICAL REGD 144A P/P 5.50000000 09061GAL5 745000.00000000 PA USD 728532.01000000 0.437689743132 Long DBT CORP US Y 2 2034-02-15 Fixed 5.50000000 N N N N N N OAK-EAGLE ACQUI 8.75% 07/01/34 6488ICS9P20290MA1H31 OAK-EAGLE ACQUIRECO INC REGD 144A P/P 8.75000000 67124CAB9 993000.00000000 PA USD 1054519.57000000 0.633537570602 Long DBT CORP US Y 2 2034-07-01 Fixed 8.75000000 N N N N N N TALEN ENERGY S 6.375% 05/01/33 N/A TALEN ENERGY SUPPLY LLC REGD 144A P/P 6.37500000 87422VAP3 495000.00000000 PA USD 489275.57000000 0.293948509626 Long DBT CORP US Y 2 2033-05-01 Fixed 6.37500000 N N N N N N CYPRIUM CORP/C 6.125% 04/15/31 N/A CYPRIUM CORP/CYPRIUM HOL REGD 144A P/P 6.12500000 23292NAA6 411000.00000000 PA USD 410882.91000000 0.246851521782 Long DBT CORP US Y 2 2031-04-15 Fixed 6.12500000 N N N N N N PARK RIVER HOLDING 8% 03/15/31 N/A PARK RIVER HOLDINGS INC REGD 144A P/P 8.00000000 70082LAC1 644000.00000000 PA USD 647933.55000000 0.389267547854 Long DBT CORP US Y 2 2031-03-15 Fixed 8.00000000 N N N N N N GOEASY LTD 6.875% 02/15/31 5493009DJVZG2P8YV435 GOEASY LTD REGD 144A P/P 6.87500000 380355AR8 599000.00000000 PA USD 535781.12000000 0.321888259636 Long DBT CORP CA Y 2 2031-02-15 Fixed 6.87500000 N N N N N N MINERAL RESOURCE 8.5% 05/01/30 5299007V1ACKFFX2P066 MINERAL RESOURCES LTD REGD 144A P/P MTN 8.50000000 603051AD5 639000.00000000 PA USD 659769.90000000 0.396378627285 Long DBT CORP AU Y 2 2030-05-01 Fixed 8.50000000 N N N N N N CROWN AMERICAS 5.25% 04/01/30 N/A CROWN AMERICAS LLC REGD 5.25000000 228180AB1 204000.00000000 PA USD 203545.71000000 0.122286829271 Long DBT CORP US N 2 2030-04-01 Fixed 5.25000000 N N N N N N NRG ENERGY INC 5.75% 01/15/34 5E2UPK5SW04M13XY7I38 NRG ENERGY INC REGD 144A P/P 5.75000000 629377DC3 125000.00000000 PA USD 121733.41000000 0.073135379396 Long DBT CORP US Y 2 2034-01-15 Fixed 5.75000000 N N N N N N SM ENERGY CO 8.625% 11/01/30 84BUTVXV5ODI6BXNMH43 SM ENERGY CO REGD 144A P/P 8.62500000 17888HAC7 397000.00000000 PA USD 417232.71000000 0.250666374517 Long DBT CORP US Y 2 2030-11-01 Fixed 8.62500000 N N N N N N ATHENAHEALTH GRO 7.5% 02/15/32 254900AA3KZN4Q7A5Z33 ATHENAHEALTH GROUP INC REGD 144A P/P 7.50000000 046860AB8 125000.00000000 PA USD 128494.88000000 0.077197556523 Long DBT CORP US Y 2 2032-02-15 Fixed 7.50000000 N N N N N N UNIVISION COMM 9.375% 08/01/32 N/A UNIVISION COMMUNICATIONS REGD 144A P/P 9.37500000 914906BA9 705000.00000000 PA USD 719864.93000000 0.432482707660 Long DBT CORP US Y 2 2032-08-01 Fixed 9.37500000 N N N N N N PATTERN ENERGY O 4.5% 08/15/28 N/A PATTERN ENERGY OP LP/PAT REGD 144A P/P 4.50000000 70339PAA7 910000.00000000 PA USD 896126.60000000 0.538377745911 Long DBT CORP US Y 2 2028-08-15 Fixed 4.50000000 N N N N N N RHP HOTEL PPTY/ 5.75% 03/15/34 N/A RHP HOTEL PPTY/RHP FINAN REGD 144A P/P 5.75000000 74984CAA6 610000.00000000 PA USD 601421.08000000 0.361323640425 Long DBT CORP US Y 2 2034-03-15 Fixed 5.75000000 N N N N N N PLANET FINANCIA 10.5% 12/15/29 254900HX9QA1EBE2IT35 PLANET FINANCIAL GROUP REGD 144A P/P 10.50000000 72702AAA5 670000.00000000 PA USD 660311.53000000 0.396704029453 Long DBT CORP US Y 2 2029-12-15 Fixed 10.50000000 N N N N N N ACRISURE LLC / F 7.5% 11/06/30 N/A ACRISURE LLC / FIN INC REGD 144A P/P 7.50000000 00489LAL7 335000.00000000 PA USD 308063.41000000 0.185079300484 Long DBT CORP US Y 2 2030-11-06 Fixed 7.50000000 N N N N N N SUMISHO AIR LEASE C V/R /PERP/ 5493004NW4M4P8TMMK63 SUMISHO AIR LEASE CORP REGD V/R /PERP/ SER C 4.12500000 00912XBK9 325000.00000000 PA USD 322642.48000000 0.193838159828 Long DBT CORP US N 2 2174-12-15 Variable 4.12500000 N N N N N N TALOS PRODUCTION I 8% 07/15/34 N/A TALOS PRODUCTION INC REGD 144A P/P 8.00000000 87485LAF1 478000.00000000 PA USD 494074.18000000 0.296831433573 Long DBT CORP US Y 2 2034-07-15 Fixed 8.00000000 N N N N N N MERIDIAN ARC HO 6.25% 04/30/31 N/A MERIDIAN ARC HOLDCO LLC REGD 144A P/P 6.25000000 58990CAA1 1065000.00000000 PA USD 1013044.19000000 0.608619861882 Long DBT CORP US Y 2 2031-04-30 Fixed 6.25000000 N N N N N N HILCORP ENERGY 7.25% 02/15/35 N/A HILCORP ENERGY I/HILCORP REGD 144A P/P 7.25000000 431318BG8 355000.00000000 PA USD 357511.27000000 0.214786740713 Long DBT CORP US Y 2 2035-02-15 Fixed 7.25000000 N N N N N N CACI INTERNATI 6.375% 06/15/33 SYRPI2D1O9WRTS2WX210 CACI INTERNATIONAL INC REGD 144A P/P 6.37500000 127190AE6 530000.00000000 PA USD 537359.58000000 0.322836571779 Long DBT CORP US Y 2 2033-06-15 Fixed 6.37500000 N N N N N N WEX INC 6.5% 03/15/33 T9M5IGROL1TL1G5OV478 WEX INC REGD 144A P/P 6.50000000 96208TAD6 874000.00000000 PA USD 879306.93000000 0.528272771880 Long DBT CORP US Y 2 2033-03-15 Fixed 6.50000000 N N N N N N ACRISURE LLC / 6.75% 07/01/32 N/A ACRISURE LLC / FIN INC REGD 144A P/P 6.75000000 004961AA6 666000.00000000 PA USD 569122.31000000 0.341919084207 Long DBT CORP US Y 2 2032-07-01 Fixed 6.75000000 N N N N N N BOND US BIDCO 7.125% 06/15/33 N/A BOND US BIDCO 1/2/3/G1/2 REGD 144A P/P 7.12500000 097947AA3 735000.00000000 PA USD 747331.10000000 0.448983919311 Long DBT CORP US Y 2 2033-06-15 Fixed 7.12500000 N N N N N N CABLE ONE INC 4% 11/15/30 549300648QS85T0XSH18 CABLE ONE INC REGD 144A P/P 4.00000000 12685JAC9 834000.00000000 PA USD 339838.32000000 0.204169130451 Long DBT CORP US Y 2 2030-11-15 Fixed 4.00000000 N N N N N CLEVELAND-CLIFFS I 7% 03/15/32 549300TM2WLI2BJMDD86 CLEVELAND-CLIFFS INC REGD 144A P/P 7.00000000 185899AP6 330000.00000000 PA USD 333291.38000000 0.200235839329 Long DBT CORP US Y 2 2032-03-15 Fixed 7.00000000 N N N N N N ENERSYS 6.625% 01/15/32 7ZS3DE5PN30BYUJFWP05 ENERSYS REGD 144A P/P 6.62500000 29275YAF9 29000.00000000 PA USD 29506.69000000 0.017727121649 Long DBT CORP US Y 2 2032-01-15 Fixed 6.62500000 N N N N N N ROCKET COS INC 6.5% 06/15/34 N/A ROCKET COS INC REGD 144A P/P 6.50000000 77311WAF8 99000.00000000 PA USD 100748.04000000 0.060527723069 Long DBT CORP US Y 2 2034-06-15 Fixed 6.50000000 N N N N N N VENTURE GLOBAL P 6.5% 06/15/34 549300TKP4I6OJ02BF90 VENTURE GLOBAL PLAQUE REGD 144A P/P 6.50000000 922966AF3 185000.00000000 PA USD 191372.51000000 0.114973376042 Long DBT CORP US Y 2 2034-06-15 Fixed 6.50000000 N N N N N N ATI INC 5.125% 10/01/31 ZW1LRE7C3H17O2ZN9B45 ATI INC REGD 5.12500000 01741RAM4 210000.00000000 PA USD 206999.71000000 0.124361934211 Long DBT CORP US N 2 2031-10-01 Fixed 5.12500000 N N N N N N VOYAGER PARENT 9.25% 07/01/32 2549002DYVI4ACSV4V71 VOYAGER PARENT LLC REGD 144A P/P 9.25000000 92921EAA0 938000.00000000 PA USD 1004947.59000000 0.603755561171 Long DBT CORP US Y 2 2032-07-01 Fixed 9.25000000 N N N N N N HERC HOLDINGS I 7.25% 06/15/33 549300TP80QLITMSBP82 HERC HOLDINGS INC REGD 144A P/P 7.25000000 42704LAG9 605000.00000000 PA USD 625829.55000000 0.375987837492 Long DBT CORP US Y 2 2033-06-15 Fixed 7.25000000 N N N N N N ASHTON WOODS U 6.875% 08/01/33 N/A ASHTON WOODS USA/FINANCE REGD 144A P/P 6.87500000 045086AR6 895000.00000000 PA USD 899517.96000000 0.540415217796 Long DBT CORP US Y 2 2033-08-01 Fixed 6.87500000 N N N N N HERTZ CORP/TH 12.625% 07/15/29 N/A HERTZ CORP/THE REGD 144A P/P 12.62500000 428040DC0 829000.00000000 PA USD 557392.66000000 0.334872108336 Long DBT CORP US Y 2 2029-07-15 Fixed 12.62500000 N N N N N TENET HEALTHCARE C 6% 11/15/33 0W9AIBT6U6ADJ2I8HK17 TENET HEALTHCARE CORP REGD 144A P/P 6.00000000 88033GDV9 405000.00000000 PA USD 406432.08000000 0.244177538192 Long DBT CORP US Y 2 2033-11-15 Fixed 6.00000000 N N N N N N CRESCENT ENERG 7.625% 04/01/32 54930061FUL6DBLFUW14 CRESCENT ENERGY FINANCE REGD 144A P/P 7.62500000 45344LAD5 387000.00000000 PA USD 398079.42000000 0.239159400952 Long DBT CORP US Y 2 2032-04-01 Fixed 7.62500000 N N N N N NCL CORPORATION 6.75% 02/01/32 N/A NCL CORPORATION LTD REGD 144A P/P 6.75000000 62886HBR1 795000.00000000 PA USD 773802.68000000 0.464887598067 Long DBT CORP US Y 2 2032-02-01 Fixed 6.75000000 N N N N N N CHARLES RIVER LABO 4% 03/15/31 549300BSQ0R4UZ5KX287 CHARLES RIVER LABORATORI REGD 144A P/P 4.00000000 159864AJ6 810000.00000000 PA USD 763154.38000000 0.458490279037 Long DBT CORP US Y 2 2031-03-15 Fixed 4.00000000 N N N N N N ROYAL CARIBBEAN CR 6% 02/01/33 K2NEH8QNVW44JIWK7Z55 ROYAL CARIBBEAN CRUISES REGD 144A P/P 6.00000000 780153BV3 585000.00000000 PA USD 588499.14000000 0.353560356833 Long DBT CORP US Y 2 2033-02-01 Fixed 6.00000000 N N N N N N METHANEX US OPE 6.25% 03/15/32 N/A METHANEX US OPERATIONS REGD 144A P/P 6.25000000 59151LAA4 557000.00000000 PA USD 564601.38000000 0.339202985719 Long DBT CORP US Y 2 2032-03-15 Fixed 6.25000000 N N N N N N PR RNO PROPERTY 6.5% 05/01/31 N/A PR RNO PROPERTY OWNER 1 REGD 144A P/P 6.50000000 69393LAA1 1045000.00000000 PA USD 967894.70000000 0.581494809847 Long DBT CORP US Y 2 2031-05-01 Fixed 6.50000000 N N N N N N VENTURE GLOBAL 7.75% 05/01/35 549300TKP4I6OJ02BF90 VENTURE GLOBAL PLAQUE REGD 144A P/P 7.75000000 922966AB2 558000.00000000 PA USD 620871.53000000 0.373009142706 Long DBT CORP US Y 2 2035-05-01 Fixed 7.75000000 N N N N N N GENESIS ENERGY LP/ 8% 05/15/33 N/A GENESIS ENERGY LP/FIN REGD 8.00000000 37185LAR3 110000.00000000 PA USD 115305.19000000 0.069273413247 Long DBT CORP US N 2 2033-05-15 Fixed 8.00000000 N N N N N N GREYSTAR REAL E 7.75% 09/01/30 254900HGC806SXAS4M46 GREYSTAR REAL ESTATE PAR REGD 144A P/P 7.75000000 39807UAD8 495000.00000000 PA USD 515851.88000000 0.309915108399 Long DBT CORP US Y 2 2030-09-01 Fixed 7.75000000 N N N N N N ARBOR REALTY S 7.875% 07/15/30 N/A ARBOR REALTY SR INC REGD 144A P/P 7.87500000 03881NAJ6 1090000.00000000 PA USD 1024974.31000000 0.615787276747 Long DBT CORP US Y 2 2030-07-15 Fixed 7.87500000 N N N N N MATTAMY GROUP 4.625% 03/01/30 5493008TNY7A82WCXU31 MATTAMY GROUP CORP REGD 144A P/P 4.62500000 57701RAM4 521000.00000000 PA USD 502755.57000000 0.302047066252 Long DBT CORP CA Y 2 2030-03-01 Fixed 4.62500000 N N N N N N EQUIPMENTSHARE.COM 8% 03/15/33 254900PWJK48CGPKPI80 EQUIPMENTSHARE.COM INC REGD 144A P/P 8.00000000 29450YAC3 701000.00000000 PA USD 719749.65000000 0.432413449380 Long DBT CORP US Y 2 2033-03-15 Fixed 8.00000000 N N N N N DELEK LOG PART 6.875% 06/01/34 N/A DELEK LOG PART/FINANCE REGD 144A P/P 6.87500000 24665FAG7 300000.00000000 PA USD 302743.80000000 0.181883368524 Long DBT CORP US Y 2 2034-06-01 Fixed 6.87500000 N N N N N N NCL CORPORATION 6.25% 09/15/33 N/A NCL CORPORATION LTD REGD 144A P/P 6.25000000 62886HBZ3 585000.00000000 PA USD 547540.29000000 0.328952970624 Long DBT CORP US Y 2 2033-09-15 Fixed 6.25000000 N N N N N N TELEFLEX INC 5.875% 01/15/32 UUL85LWXB4NGSWWXIQ25 TELEFLEX INC REGD 144A P/P 5.87500000 879369AH9 615000.00000000 PA USD 615606.21000000 0.369845827262 Long DBT CORP US Y 2 2032-01-15 Fixed 5.87500000 N N N N N N CLYDESDALE ACQU 6.75% 04/15/32 254900QKSDYFR3K5YD98 CLYDESDALE ACQUISITION REGD 144A P/P 6.75000000 18972EAD7 255000.00000000 PA USD 248931.48000000 0.149553834345 Long DBT CORP US Y 2 2032-04-15 Fixed 6.75000000 N N N N N N FORTRESS INTERME 7.5% 06/01/31 N/A FORTRESS INTERMEDIATE REGD 144A P/P 7.50000000 34966MAA0 590000.00000000 PA USD 603814.85000000 0.362761777064 Long DBT CORP US Y 2 2031-06-01 Fixed 7.50000000 N N N N N N CLEAN HARBORS I 5.75% 10/15/33 5493000SJVZVZJKHJF48 CLEAN HARBORS INC REGD 144A P/P 5.75000000 184496AR8 715000.00000000 PA USD 715460.10000000 0.429836360094 Long DBT CORP US Y 2 2033-10-15 Fixed 5.75000000 N N N N N N NISSAN MOTOR C 8.125% 07/17/35 353800DRBDH1LUTNAY26 NISSAN MOTOR CO REGD 144A P/P 8.12500000 654922AD5 490000.00000000 PA USD 520465.32000000 0.312686785334 Long DBT CORP JP Y 2 2035-07-17 Fixed 8.12500000 N N N N N N 2026-09-30 Morgan Stanley Pathway Funds James F. Kirchner James F. Kirchner Chief Financial Officer