Form NPORT-P PGIM ETF TRUST For: Nov 30

January 24, 2022 9:16 AM EST

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    NPORT-P
    false
    
      
      
        
          0001727074
          XXXXXXXX
        
      
      
      
      
        S000063094
        C000204602
      
      
      
    
  
  
    
      PGIM ETF TRUST
      811-23324
      0001727074
      549300OXS91LYTDQF355
      655 Broad Street, 17th Floor
      NULL
      Newark
      
      07102
      800-225-1852
      PGIM Active High Yield Bond ETF
      S000063094
      549300F10UK98WW68156
      2022-08-31
      2021-11-30
      N
    
    
      67144797.61
      556344.49
      66588453.12
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      124835.75
      0.00000000
      0.00000000
      139686.81000000
      
        
          USD
          
          
        
      
      
      
      N
      
        
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
    
    
      
        UNITI GROUP/CSL 4.75% 04/15/28
        N/A
        UNITI GROUP/CSL CAPITAL REGD 144A P/P 4.75000000
        91327BAB6
        
          
        
        100000.00000000
        NS
        USD
        97484.35000000
        0.146398279930
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-04-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GAP INC/THE 3.875% 10/01/31
        T2ZG1WRWZ4BUCMQL9224
        GAP INC/THE REGD 144A P/P 3.87500000
        364760AQ1
        
          
        
        125000.00000000
        NS
        USD
        119801.47000000
        0.179913279835
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-10-01
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WR GRACE HOLDI 5.625% 08/15/29
        N/A
        WR GRACE HOLDING LLC REGD 144A P/P 5.62500000
        92943GAA9
        
          
        
        75000.00000000
        NS
        USD
        75392.81000000
        0.113222047468
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-08-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WABASH NATIONAL  4.5% 10/15/28
        5299004ZAWHQZI5XO485
        WABASH NATIONAL CORP REGD 144A P/P 4.50000000
        929566AL1
        
          
        
        50000.00000000
        NS
        USD
        48778.58000000
        0.073253811606
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-10-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BRINK'S CO/THE 4.625% 10/15/27
        XFP140TFNOQMIVFTVQ13
        BRINK'S CO/THE REGD 144A P/P 4.62500000
        109696AA2
        
          
        
        25000.00000000
        NS
        USD
        25459.50000000
        0.038234106375
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-10-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOEING CO 5.805% 05/01/50
        RVHJWBXLJ1RFUBSY1F30
        BOEING CO REGD 5.80500000
        097023CW3
        
          
        
        150000.00000000
        NS
        USD
        202370.53000000
        0.303912345936
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-05-01
          Fixed
          5.80500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JEFFERIES FIN LLC  5% 08/15/28
        N/A
        JEFFERIES FIN LLC / JFIN REGD 144A P/P 5.00000000
        47232MAF9
        
          
        
        200000.00000000
        NS
        USD
        200474.17000000
        0.301064464793
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-08-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GRAHAM PACKAGI 7.125% 08/15/28
        N/A
        GRAHAM PACKAGING/GPC CAP REGD 144A P/P 7.12500000
        384701AA6
        
          
        
        60000.00000000
        NS
        USD
        61184.80000000
        0.091884999775
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-08-15
          Fixed
          7.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BAUSCH HEALTH  4.875% 06/01/28
        B3BS7ACMDUWISF18KY76
        BAUSCH HEALTH COS INC REGD 144A P/P 4.87500000
        071734AN7
        
          
        
        50000.00000000
        NS
        USD
        49287.99000000
        0.074018824121
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2028-06-01
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITED RENTALS 3.875% 02/15/31
        N/A
        UNITED RENTALS NORTH AM REGD 3.87500000
        911363AM1
        
          
        
        325000.00000000
        NS
        USD
        326266.52000000
        0.489974619791
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-02-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SRS DISTRIBUTION I 6% 12/01/29
        N/A
        SRS DISTRIBUTION INC REGD 144A P/P 6.00000000
        78471RAD8
        
          
        
        75000.00000000
        NS
        USD
        74216.50000000
        0.111455509960
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-12-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FORD MOTOR COM 5.291% 12/08/46
        20S05OYHG0MQM4VUIC57
        FORD MOTOR COMPANY REGD 5.29100000
        345370CS7
        
          
        
        325000.00000000
        NS
        USD
        367549.09000000
        0.551971209389
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2046-12-08
          Fixed
          5.29100000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US LONG BOND(CBT) DEC21
        N/A
        FUTURE CONTRACT ON           US LONG BOND(CBT) DEC21 0.00000000
        N/A
        
          
        
        1.00000000
        NC
        USD
        163687.50000000
        0.245819646395
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              CITIGROUP GLOBAL MARKETS INC
              MBNUM2BPBDO7JBLYG310
            
            Long
            
              
                F/C US LONG BOND(CBT) DEC21
                US LONG BOND(CBT) DEC21
                
                  
                
              
            
            2021-12-21
            159729.51000000
            USD
            3957.99000000
          
        
        
          N
          N
          N
        
      
      
        CENTURY COMMUNI 6.75% 06/01/27
        5299002QMB2O7ZL1CA26
        CENTURY COMMUNITIES REGD 6.75000000
        156504AL6
        
          
        
        25000.00000000
        NS
        USD
        26260.80000000
        0.039437468163
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-06-01
          Fixed
          6.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        N/A
        N/A
        CDX 2I65BRYQ7 05.000 NA 12/20/2026 CITCL FLOAT
        N/A
        
          
        
        1.00000000
        NC
        USD
        -28519.32000000
        -0.04282922738
        N/A
        DCR
        
        US
        N
        
        2
        
          
            
              DEUTSCHE BANK
              N/A
            
            
              
                CDX.NA.HY.37
                CDX.NA.HY.37
                
                  
                
              
            
            Y
            
              
                
              
            
            
            2026-12-20
            -381871.23000000
            USD
            350000.00000000
            USD
            350000.00000000
            USD
            1747.74000000
          
        
        
          N
          N
          N
        
      
      
        AMSTED INDUSTR 5.625% 07/01/27
        N2VLGYMEEBIU3PFSUY86
        AMSTED INDUSTRIES REGD 144A P/P 5.62500000
        032177AH0
        
          
        
        25000.00000000
        NS
        USD
        25863.49000000
        0.038840803154
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-07-01
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HUDBAY MINERALS  4.5% 04/01/26
        549300WI524AL577IX21
        HUDBAY MINERALS INC REGD 144A P/P 4.50000000
        443628AJ1
        
          
        
        50000.00000000
        NS
        USD
        49145.96000000
        0.073805528882
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2026-04-01
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALTA EQUIPMENT 5.625% 04/15/26
        N/A
        ALTA EQUIPMENT GROUP REGD 144A P/P 5.62500000
        02128LAA4
        
          
        
        50000.00000000
        NS
        USD
        50791.53000000
        0.076276783166
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-04-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SINCLAIR TELEV 5.875% 03/15/26
        N/A
        SINCLAIR TELEVISION GROU REGD 144A P/P 5.87500000
        829259AU4
        
          
        
        125000.00000000
        NS
        USD
        125526.34000000
        0.188510671322
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-03-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TOPBUILD CORP 4.125% 02/15/32
        5493007YSKHOL4RWII46
        TOPBUILD CORP REGD 144A P/P 4.12500000
        89055FAC7
        
          
        
        50000.00000000
        NS
        USD
        50285.10000000
        0.075516245901
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2032-02-15
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ASHTON WOODS U 4.625% 04/01/30
        N/A
        ASHTON WOODS USA/FINANCE REGD 144A P/P 4.62500000
        045086AP0
        
          
        
        25000.00000000
        NS
        USD
        24463.86000000
        0.036738892185
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-04-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SENSATA TECHNOL 3.75% 02/15/31
        N/A
        SENSATA TECHNOLOGIES INC REGD 144A P/P 3.75000000
        81728UAB0
        
          
        
        15000.00000000
        NS
        USD
        14738.97000000
        0.022134423176
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-02-15
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHURCHILL DOWNS  5.5% 04/01/27
        529900FODTBQC8MIS994
        CHURCHILL DOWNS INC REGD 144A P/P 5.50000000
        171484AG3
        
          
        
        50000.00000000
        NS
        USD
        51477.78000000
        0.077307367250
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-04-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WESTERN MIDSTREAM  4% 07/01/22
        N/A
        WESTERN MIDSTREAM OPERAT REGD 4.00000000
        958254AB0
        
          
        
        100000.00000000
        NS
        USD
        100573.01000000
        0.151036711753
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2022-07-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TALLGRASS NRG PRTN 6% 12/31/30
        N/A
        TALLGRASS NRG PRTNR/FIN REGD 144A P/P 6.00000000
        87470LAJ0
        
          
        
        75000.00000000
        NS
        USD
        74173.18000000
        0.111390453636
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-12-31
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN AXLE & MF 5% 10/01/29
        N/A
        AMERICAN AXLE & MFG INC REGD 5.00000000
        02406PBB5
        
          
        
        50000.00000000
        NS
        USD
        47434.32000000
        0.071235053192
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LUMEN TECHNOLOG 7.65% 03/15/42
        8M3THTGWLTYZVE6BBY25
        LUMEN TECHNOLOGIES INC REGD SER U 7.65000000
        156700AT3
        
          
        
        40000.00000000
        NS
        USD
        43111.25000000
        0.064742831497
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2042-03-15
          Fixed
          7.65000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US FOODS INC 4.75% 02/15/29
        N/A
        US FOODS INC REGD 144A P/P 4.75000000
        90290MAD3
        
          
        
        25000.00000000
        NS
        USD
        25299.13000000
        0.037993268824
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANTERO RESOURC 7.625% 02/01/29
        APVBKPOULHUX7YZLKU17
        ANTERO RESOURCES CORP REGD 144A P/P 7.62500000
        03674XAQ9
        
          
        
        103000.00000000
        NS
        USD
        112989.99000000
        0.169684058880
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-01
          Fixed
          7.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ESC GCB ALTA M 7.875% 12/15/24
        N/A
        ESC GCB ALTA MESA HLDG REGD 7.87500000
        021ESCAG3
        
          
        
        310000.00000000
        NS
        USD
        2108.00000000
        0.003165714025
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-12-15
          Fixed
          7.87500000
          Y
          N
          N
        
        
          N
          N
          N
        
      
      
        PRESTIGE BRANDS 3.75% 04/01/31
        N/A
        PRESTIGE BRANDS INC REGD 144A P/P 3.75000000
        74112BAM7
        
          
        
        25000.00000000
        NS
        USD
        23950.35000000
        0.035967722447
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-04-01
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OCCIDENTAL PETR 7.15% 05/15/28
        IM7X0T3ECJW4C1T7ON55
        OCCIDENTAL PETROLEUM COR REGD 7.15000000
        674599DR3
        
          
        
        50000.00000000
        NS
        USD
        57892.64000000
        0.086940959411
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-05-15
          Fixed
          7.15000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PG&E CORP 5% 07/01/28
        8YQ2GSDWYZXO2EDN3511
        PG&E CORP REGD 5.00000000
        69331CAH1
        
          
        
        175000.00000000
        NS
        USD
        180220.47000000
        0.270648230369
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BAUSCH HEALTH C 5.25% 02/15/31
        B3BS7ACMDUWISF18KY76
        BAUSCH HEALTH COS INC REGD 144A P/P 5.25000000
        071734AL1
        
          
        
        150000.00000000
        NS
        USD
        128911.00000000
        0.193593624659
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2031-02-15
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RAIN CII CARBON 7.25% 04/01/25
        N/A
        RAIN CII CARBON LLC/CII REGD 144A P/P 7.25000000
        75079RAC2
        
          
        
        150000.00000000
        NS
        USD
        153020.28000000
        0.229800022121
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-04-01
          Fixed
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SSL ROBOTICS LL 9.75% 12/31/23
        N/A
        SSL ROBOTICS LLC REGD 144A P/P 9.75000000
        78472GAA7
        
          
        
        103000.00000000
        NS
        USD
        110962.11000000
        0.166638666016
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2023-12-31
          Fixed
          9.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KB HOME 4.8% 11/15/29
        549300LGUCWQURMWLG09
        KB HOME REGD 4.80000000
        48666KAY5
        
          
        
        150000.00000000
        NS
        USD
        159753.24000000
        0.239911324733
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-11-15
          Fixed
          4.80000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OCCIDENTAL PET 8.875% 07/15/30
        IM7X0T3ECJW4C1T7ON55
        OCCIDENTAL PETROLEUM COR REGD 8.87500000
        674599EA9
        
          
        
        136000.00000000
        NS
        USD
        178599.26000000
        0.268213559005
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-07-15
          Fixed
          8.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CALPINE CORP 5.125% 03/15/28
        N/A
        CALPINE CORP REGD 144A P/P 5.12500000
        131347CN4
        
          
        
        334000.00000000
        NS
        USD
        331254.77000000
        0.497465783449
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-03-15
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VIKING OCEAN C 5.625% 02/15/29
        N/A
        VIKING OCEAN CRUISES SHI REGD 144A P/P 5.62500000
        92682RAA0
        
          
        
        25000.00000000
        NS
        USD
        24230.51000000
        0.036388456053
        Long
        DBT
        CORP
        BM
        
        Y
        
        2
        
          2029-02-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MPH ACQUISITION  5.5% 09/01/28
        N/A
        MPH ACQUISITION HOLDINGS REGD 144A P/P 5.50000000
        553283AD4
        
          
        
        200000.00000000
        NS
        USD
        193957.04000000
        0.291277287445
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-09-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CARROLS RESTAU 5.875% 07/01/29
        529900HZEMNWQSAKFJ98
        CARROLS RESTAURANT GROUP REGD 144A P/P 5.87500000
        14574XAF1
        
          
        
        100000.00000000
        NS
        USD
        86031.14000000
        0.129198285842
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-07-01
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TENNECO INC 7.875% 01/15/29
        549300U0EXXFAQFAD785
        TENNECO INC REGD 144A P/P 7.87500000
        880349AS4
        
          
        
        25000.00000000
        NS
        USD
        26769.11000000
        0.040200828740
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-01-15
          Fixed
          7.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MOZART DEBT ME 3.875% 04/01/29
        N/A
        MOZART DEBT MERGER SUB REGD 144A P/P 3.87500000
        62482BAA0
        
          
        
        150000.00000000
        NS
        USD
        148134.07000000
        0.222462098245
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-01
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L SKILLSOFT 0% 06/30/2028
        N/A
        T/L SKILLSOFT CORPORATION REGD 0.00000000
        N/A
        
          
        
        100000.00000000
        NS
        USD
        100125.00000000
        0.150363907417
        Long
        LON
        CORP
        US
        N
        
        2
        
          2028-06-30
          Variable
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIAMOND SPORTS 5.375% 08/15/26
        N/A
        DIAMOND SPORTS GR/DIAMON REGD 144A P/P 5.37500000
        25277LAA4
        
          
        
        260000.00000000
        NS
        USD
        115019.64000000
        0.172732109864
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-08-15
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L ASURION LLC 0% 1/15/29
        N/A
        T/L ASURION LLC REGD 0.00000000
        N/A
        
          
        
        225000.00000000
        NS
        USD
        222609.38000000
        0.334306279196
        Long
        LON
        CORP
        US
        N
        
        2
        
          2029-01-15
          Variable
          5.34038000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JAZZ SECURITIE 4.375% 01/15/29
        N/A
        JAZZ SECURITIES DAC REGD 144A P/P 4.37500000
        47216FAA5
        
          
        
        200000.00000000
        NS
        USD
        203958.54000000
        0.306297158806
        Long
        DBT
        CORP
        IE
        
        Y
        
        2
        
          2029-01-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW GOLD INC 6.375% 05/15/25
        5493005G0GNCHP0H6L96
        NEW GOLD INC REGD P/P 6.37500000
        644532AA1
        
          
        
        33000.00000000
        NS
        USD
        33726.47000000
        0.050649126717
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2025-05-15
          Fixed
          6.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STANDARD INDUST 4.75% 01/15/28
        N/A
        STANDARD INDUSTRIES INC REGD 144A P/P 4.75000000
        853496AD9
        
          
        
        50000.00000000
        NS
        USD
        50394.95000000
        0.075681214442
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-01-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CALPINE CORP 5% 02/01/31
        N/A
        CALPINE CORP REGD 144A P/P 5.00000000
        131347CQ7
        
          
        
        250000.00000000
        NS
        USD
        240595.75000000
        0.361317523875
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-02-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CNX RESOURCES C 7.25% 03/14/27
        549300JK3KH8PWM3B226
        CNX RESOURCES CORP REGD 144A P/P 7.25000000
        12653CAC2
        
          
        
        175000.00000000
        NS
        USD
        184912.49000000
        0.277694527107
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-03-14
          Fixed
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RACKSPACE TECHNO 3.5% 02/15/28
        N/A
        RACKSPACE TECHNOLOGY REGD 144A P/P 3.50000000
        750098AB1
        
          
        
        50000.00000000
        NS
        USD
        46776.25000000
        0.070246788757
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-02-15
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CITIGROUP INC V/R /PERP/
        6SHGI4ZSSLCXXQSBB395
        CITIGROUP INC REGD V/R /PERP/ 3.87500000
        172967MV0
        
          
        
        75000.00000000
        NS
        USD
        74348.33000000
        0.111653487228
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2170-05-18
          Variable
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EQT CORP 7.5% 02/01/30
        4NT01YGM4X7ZX86ISY52
        EQT CORP REGD 7.50000000
        26884LAG4
        
          
        
        250000.00000000
        NS
        USD
        315762.33000000
        0.474199827755
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-02-01
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L GREAT AMERICAN 0% 03/06/28
        N/A
        T/L GREAT AMERICAN OUTDOORS GROUP LLC REGD 0.00000000
        07014QAM3
        
          
        
        49625.00000000
        NS
        USD
        49738.74000000
        0.074695743285
        Long
        LON
        CORP
        US
        N
        
        2
        
          2028-03-06
          Variable
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L SCIENTIFIC GAM 0% 08/14/24
        N/A
        T/L SCIENTIFIC GAMES           INTERNATIONAL INC REGD 0.00000000
        80875AAP6
        
          
        
        73291.17000000
        NS
        USD
        72750.65000000
        0.109254152321
        Long
        LON
        CORP
        US
        N
        
        2
        
          2024-08-14
          Variable
          2.84038000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MIDCONTINENT C 5.375% 08/15/27
        N/A
        MIDCONTINENT COMM & FIN REGD 144A P/P 5.37500000
        59565XAC4
        
          
        
        150000.00000000
        NS
        USD
        154474.14000000
        0.231983373636
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-08-15
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SOUTHWESTERN E 5.375% 03/15/30
        EFWMP121W54QV9MGOP87
        SOUTHWESTERN ENERGY CO REGD 5.37500000
        845467AS8
        
          
        
        125000.00000000
        NS
        USD
        130155.90000000
        0.195463168014
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-03-15
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CARRIAGE SERVIC 4.25% 05/15/29
        N/A
        CARRIAGE SERVICES INC REGD 144A P/P 4.25000000
        143905AP2
        
          
        
        50000.00000000
        NS
        USD
        49546.30000000
        0.074406744230
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-15
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DANA INC 5.625% 06/15/28
        KVWHW7YLZPFJM8QYNJ51
        DANA INC REGD 5.62500000
        235825AG1
        
          
        
        35000.00000000
        NS
        USD
        36916.77000000
        0.055440197617
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-06-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        1011778 BC / N 3.875% 01/15/28
        N/A
        1011778 BC / NEW RED FIN REGD 144A P/P 3.87500000
        68245XAH2
        
          
        
        175000.00000000
        NS
        USD
        172639.73000000
        0.259263764077
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2028-01-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CITGO HOLDING I 9.25% 08/01/24
        N/A
        CITGO HOLDING INC REGD 144A P/P 9.25000000
        17302WAB4
        
          
        
        125000.00000000
        NS
        USD
        121882.00000000
        0.183037740462
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-08-01
          Fixed
          9.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOEING CO 5.93% 05/01/60
        RVHJWBXLJ1RFUBSY1F30
        BOEING CO REGD 5.93000000
        097023CX1
        
          
        
        250000.00000000
        NS
        USD
        347216.15000000
        0.521435975354
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2060-05-01
          Fixed
          5.93000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DANA INC 4.25% 09/01/30
        KVWHW7YLZPFJM8QYNJ51
        DANA INC REGD 4.25000000
        235825AH9
        
          
        
        25000.00000000
        NS
        USD
        24893.00000000
        0.037383358275
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-09-01
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIG INTL FIN/DIG  13% 12/31/25
        N/A
        DIG INTL FIN/DIG INTL HL REGD 144A P/P 13.00000000
        25381XAB9
        
          
        
        372907.00000000
        NS
        USD
        382849.79000000
        0.574949217261
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2025-12-31
          Fixed
          13.00000000
          N
          N
          Y
        
        
          N
          N
          N
        
      
      
        AMC ENTERTAINMENT 12% 06/15/26
        N/A
        AMC ENTERTAINMENT HLDGS REGD 144A P/P 12.00000000
        00165CAP9
        
          
        
        81508.00000000
        NS
        USD
        82815.17000000
        0.124368664715
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-06-15
          Fixed
          12.00000000
          N
          N
          Y
        
        
          N
          N
          N
        
      
      
        GFL ENVIRONMEN 4.375% 08/15/29
        549300FYK4MBXWIVZU26
        GFL ENVIRONMENTAL INC REGD 144A P/P 4.37500000
        36168QAP9
        
          
        
        75000.00000000
        NS
        USD
        72915.58000000
        0.109501837906
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2029-08-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VISTRA CORP V/R /PERP/
        549300KP43CPCUJOOG15
        VISTRA CORP REGD V/R /PERP/ 144A P/P 8.00000000
        92840MAB8
        
          
        
        125000.00000000
        NS
        USD
        130863.53000000
        0.196525859767
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2170-04-15
          Variable
          8.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SCRIPPS ESCROW 5.375% 01/15/31
        N/A
        SCRIPPS ESCROW II INC REGD 144A P/P 5.37500000
        81105DAB1
        
          
        
        125000.00000000
        NS
        USD
        125627.69000000
        0.188662874888
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-01-15
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KRAFT HEINZ FO 4.875% 10/01/49
        N/A
        KRAFT HEINZ FOODS CO REGD SER WI 4.87500000
        50077LAZ9
        
          
        
        25000.00000000
        NS
        USD
        31131.08000000
        0.046751468973
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2049-10-01
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VICI PROPERTIES 3.75% 02/15/27
        N/A
        VICI PROPERTIES / NOTE REGD 144A P/P 3.75000000
        92564RAD7
        
          
        
        100000.00000000
        NS
        USD
        102471.11000000
        0.153887205962
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-02-15
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GLOBAL PART/GL 6.875% 01/15/29
        N/A
        GLOBAL PART/GLP FINANCE REGD SER WI 6.87500000
        37954FAJ3
        
          
        
        75000.00000000
        NS
        USD
        76870.00000000
        0.115440435087
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-01-15
          Fixed
          6.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIAMOND SPORTS 6.625% 08/15/27
        N/A
        DIAMOND SPORTS GR/DIAMON REGD 144A P/P 6.62500000
        25277LAC0
        
          
        
        751000.00000000
        NS
        USD
        158091.59000000
        0.237415922119
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-08-15
          Fixed
          6.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PENNYMAC FIN SV 4.25% 02/15/29
        549300W1D516HBDEU871
        PENNYMAC FIN SVCS INC REGD 144A P/P 4.25000000
        70932MAB3
        
          
        
        50000.00000000
        NS
        USD
        46031.43000000
        0.069128246479
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-15
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SWF ESCROW ISSUE 6.5% 10/01/29
        N/A
        SWF ESCROW ISSUER CORP REGD 144A P/P 6.50000000
        78500AAA6
        
          
        
        150000.00000000
        NS
        USD
        143682.53000000
        0.215776945202
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-10-01
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L PERATON CORP 0% 02/01/2028
        N/A
        T/L PERATON CORP REGD 0.00000000
        N/A
        
          
        
        223987.22000000
        NS
        USD
        223380.66000000
        0.335464558093
        Long
        LON
        CORP
        US
        N
        
        2
        
          2028-02-01
          Variable
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DAVITA INC 4.625% 06/01/30
        M2XHYMU3TZNEZURC6H66
        DAVITA INC REGD 144A P/P 4.62500000
        23918KAS7
        
          
        
        100000.00000000
        NS
        USD
        98749.49000000
        0.148298218945
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-06-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HERTZ CORP/THE 5% 12/01/29
        N/A
        HERTZ CORP/THE REGD 144A P/P 5.00000000
        428040DB2
        
          
        
        50000.00000000
        NS
        USD
        49000.76000000
        0.073587473058
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TRONOX INC 4.625% 03/15/29
        N/A
        TRONOX INC REGD 144A P/P 4.62500000
        897051AC2
        
          
        
        325000.00000000
        NS
        USD
        315226.11000000
        0.473394553004
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-03-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITED AIRLINE 4.625% 04/15/29
        N/A
        UNITED AIRLINES INC REGD 144A P/P 4.62500000
        90932LAH0
        
          
        
        100000.00000000
        NS
        USD
        99751.33000000
        0.149802744058
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIG INTL FIN/DI 8.75% 05/25/24
        N/A
        DIG INTL FIN/DIG INTL HL REGD 144A P/P 8.75000000
        25381VAA5
        
          
        
        250000.00000000
        NS
        USD
        257541.10000000
        0.386765404410
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2024-05-25
          Fixed
          8.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JACOBS ENTERTA 7.875% 02/01/24
        5493004U9JIWY3HSUO63
        JACOBS ENTERTAINMENT INC REGD 144A P/P 7.87500000
        469815AH7
        
          
        
        125000.00000000
        NS
        USD
        127952.39000000
        0.192154020711
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-02-01
          Fixed
          7.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PENN NATIONAL  4.125% 07/01/29
        N/A
        PENN NATIONAL GA REGD 144A P/P 4.12500000
        707569AV1
        
          
        
        25000.00000000
        NS
        USD
        23587.52000000
        0.035422838187
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-07-01
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WESCO DISTRIBUT 7.25% 06/15/28
        N/A
        WESCO DISTRIBUTION INC REGD 144A P/P 7.25000000
        95081QAP9
        
          
        
        100000.00000000
        NS
        USD
        108713.86000000
        0.163262329887
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-06-15
          Fixed
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VISTRA OPERATI 5.625% 02/15/27
        N/A
        VISTRA OPERATIONS CO LLC REGD 144A P/P 5.62500000
        92840VAB8
        
          
        
        750000.00000000
        NS
        USD
        770357.86000000
        1.156894061815
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-02-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OI EUROPEAN GRO 4.75% 02/15/30
        N/A
        OI EUROPEAN GROUP BV REGD 144A P/P 4.75000000
        67777LAD5
        
          
        
        50000.00000000
        NS
        USD
        49957.41000000
        0.075024133553
        Long
        DBT
        CORP
        NL
        
        Y
        
        2
        
          2030-02-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SPRINT CORP 7.875% 09/15/23
        N/A
        SPRINT CORP REGD SER WI 7.87500000
        85207UAF2
        
          
        
        75000.00000000
        NS
        USD
        82526.15000000
        0.123934625499
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-09-15
          Fixed
          7.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RADIATE HOLDCO / 4.5% 09/15/26
        N/A
        RADIATE HOLDCO / FINANCE REGD 144A P/P 4.50000000
        75026JAC4
        
          
        
        125000.00000000
        NS
        USD
        124276.86000000
        0.186634249899
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-09-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FORD MOTOR COMP 4.75% 01/15/43
        20S05OYHG0MQM4VUIC57
        FORD MOTOR COMPANY REGD 4.75000000
        345370CQ1
        
          
        
        535000.00000000
        NS
        USD
        572505.95000000
        0.859767607107
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2043-01-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MGM RESORTS INTL 5.5% 04/15/27
        54930066VBP7DZEGGJ87
        MGM RESORTS INTL REGD 5.50000000
        552953CF6
        
          
        
        150000.00000000
        NS
        USD
        156236.85000000
        0.234630544305
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-04-15
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GO DADDY OPCO/FI 3.5% 03/01/29
        N/A
        GO DADDY OPCO/FINCO REGD 144A P/P 3.50000000
        38016LAC9
        
          
        
        50000.00000000
        NS
        USD
        47656.83000000
        0.071569210226
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-03-01
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PILGRIM'S PRID 5.875% 09/30/27
        N/A
        PILGRIM'S PRIDE CORP REGD 144A P/P 5.87500000
        72147KAE8
        
          
        
        115000.00000000
        NS
        USD
        120750.00000000
        0.181337746023
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-09-30
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WYNN RESORTS FI 7.75% 04/15/25
        N/A
        WYNN RESORTS FINANCE LLC REGD 144A P/P 7.75000000
        983133AB5
        
          
        
        25000.00000000
        NS
        USD
        26075.08000000
        0.039158560949
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-04-15
          Fixed
          7.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VIASAT INC 5.625% 09/15/25
        UFC8NYMNFSYIHNSM2I38
        VIASAT INC REGD 144A P/P 5.62500000
        92552VAK6
        
          
        
        100000.00000000
        NS
        USD
        101032.44000000
        0.151726666210
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-09-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TALLGRASS NRG PR 7.5% 10/01/25
        N/A
        TALLGRASS NRG PRTNR/FIN REGD 144A P/P 7.50000000
        87470LAH4
        
          
        
        100000.00000000
        NS
        USD
        107121.69000000
        0.160871269688
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-10-01
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NOVELIS CORP 4.75% 01/30/30
        N/A
        NOVELIS CORP REGD 144A P/P 4.75000000
        670001AE6
        
          
        
        75000.00000000
        NS
        USD
        75726.47000000
        0.113723125334
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-01-30
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ONEMAIN FINANC 6.125% 03/15/24
        N/A
        ONEMAIN FINANCE CORP REGD 6.12500000
        85172FAP4
        
          
        
        225000.00000000
        NS
        USD
        237768.88000000
        0.357072238292
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-03-15
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KRAFT HEINZ FO 4.375% 06/01/46
        N/A
        KRAFT HEINZ FOODS CO REGD SER WI 4.37500000
        50077LAB2
        
          
        
        25000.00000000
        NS
        USD
        28956.67000000
        0.043486022941
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2046-06-01
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ATHABASCA WRT 11/01/26 /CAD/
        549300STK2KBVO6WED71
        ATHABASCA OIL CORP WARRANT  EXPIRES 11/01/26 /CAD/ 0.00000000
        04682R123
        
          
        
        200.00000000
        NS
        
        8739.18000000
        0.013124167315
        N/A
        DE
        CORP
        CA
        N
        
        1
        
          
            
              N/A
              N/A
            
            Call
            Purchased
            
              
                ATHABASCA
                ATHABASCA
                
                  
                
              
            
            200.00000000
            CAD
            0.00000000
            CAD
            2026-11-01
            XXXX
            8739.18000000
          
        
        
          N
          N
          N
        
      
      
        WARRIOR MET CO 7.875% 12/01/28
        549300152B1S9YKBYV79
        WARRIOR MET COAL INC REGD 144A P/P 7.87500000
        93627CAB7
        
          
        
        25000.00000000
        NS
        USD
        25256.44000000
        0.037929158610
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-12-01
          Fixed
          7.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NAVIENT CORP 5.5% 03/15/29
        54930067J0ZNOEBRW338
        NAVIENT CORP REGD 5.50000000
        63938CAM0
        
          
        
        75000.00000000
        NS
        USD
        73910.67000000
        0.110996226127
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-03-15
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CAESARS RESORT  5.75% 07/01/25
        N/A
        CAESARS RESORT / FINCO REGD 144A P/P 5.75000000
        12770RAA1
        
          
        
        35000.00000000
        NS
        USD
        36377.24000000
        0.054629952034
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-07-01
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HOWARD HUGHES  4.125% 02/01/29
        549300BVHY25JZC1KI49
        HOWARD HUGHES CORP REGD 144A P/P 4.12500000
        44267DAE7
        
          
        
        100000.00000000
        NS
        USD
        98814.16000000
        0.148395337885
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-01
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OCCIDENTAL PETRO 8.5% 07/15/27
        IM7X0T3ECJW4C1T7ON55
        OCCIDENTAL PETROLEUM COR REGD 8.50000000
        674599DZ5
        
          
        
        120000.00000000
        NS
        USD
        145558.77000000
        0.218594610897
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-07-15
          Fixed
          8.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PILGRIM'S PRIDE  3.5% 03/01/32
        N/A
        PILGRIM'S PRIDE CORP REGD 144A P/P 3.50000000
        72147KAG3
        
          
        
        50000.00000000
        NS
        USD
        50408.92000000
        0.075702194056
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2032-03-01
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GRAY TELEVISION IN 7% 05/15/27
        529900TM5726KDN7UU35
        GRAY TELEVISION INC REGD 144A P/P 7.00000000
        389284AA8
        
          
        
        75000.00000000
        NS
        USD
        79634.71000000
        0.119592371152
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-05-15
          Fixed
          7.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIVERSIFIED HEA 4.75% 02/15/28
        N/A
        DIVERSIFIED HEALTHCARE T REGD 4.75000000
        81721MAM1
        
          
        
        175000.00000000
        NS
        USD
        165622.87000000
        0.248726111269
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-02-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHEMOURS CO 5.75% 11/15/28
        549300M1BOLNXL8DOV14
        CHEMOURS CO REGD 144A P/P 5.75000000
        163851AF5
        
          
        
        125000.00000000
        NS
        USD
        128158.06000000
        0.192462888076
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-11-15
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PARK INTERMED HO 7.5% 06/01/25
        N/A
        PARK INTERMED HOLDINGS REGD 144A P/P 7.50000000
        70052LAA1
        
          
        
        130000.00000000
        NS
        USD
        137243.79000000
        0.206107490967
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-06-01
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COMSTOCK RESOU 5.875% 01/15/30
        I03QQGEA4SS774AURI46
        COMSTOCK RESOURCES INC REGD 144A P/P 5.87500000
        205768AT1
        
          
        
        50000.00000000
        NS
        USD
        50159.78000000
        0.075328045103
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-01-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RANGE RESOURCE 4.875% 05/15/25
        H3Y3WLYCX0BTO1TRW162
        RANGE RESOURCES CORP REGD 4.87500000
        75281AAS8
        
          
        
        50000.00000000
        NS
        USD
        51083.23000000
        0.076714847104
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-05-15
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SCIENTIFIC GAM 8.625% 07/01/25
        N/A
        SCIENTIFIC GAMES INTERNA REGD 144A P/P 8.62500000
        80874YBG4
        
          
        
        200000.00000000
        NS
        USD
        213375.23000000
        0.320438784807
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-07-01
          Fixed
          8.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HCA INC 5.375% 09/01/26
        N/A
        HCA INC REGD 5.37500000
        404121AH8
        
          
        
        120000.00000000
        NS
        USD
        133974.34000000
        0.201197555616
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-09-01
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN AXLE  6.875% 07/01/28
        N/A
        AMERICAN AXLE & MFG INC REGD 6.87500000
        02406PBA7
        
          
        
        75000.00000000
        NS
        USD
        80055.09000000
        0.120223681808
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-07-01
          Fixed
          6.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MEG ENERGY CORP 6.5% 01/15/25
        5493002WXPTG5ZC1T326
        MEG ENERGY CORP REGD 144A P/P 6.50000000
        552704AD0
        
          
        
        21000.00000000
        NS
        USD
        21358.22000000
        0.032074960446
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2025-01-15
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WOLVERINE WORLD WI 4% 08/15/29
        549300OVC7PK14LQ8D87
        WOLVERINE WORLD WIDE REGD 144A P/P 4.00000000
        978097AG8
        
          
        
        50000.00000000
        NS
        USD
        48491.77000000
        0.072823091283
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-08-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMN HEALTHCARE INC 4% 04/15/29
        N/A
        AMN HEALTHCARE INC REGD 144A P/P 4.00000000
        00175PAC7
        
          
        
        25000.00000000
        NS
        USD
        25194.10000000
        0.037835538775
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FIRST QUANTUM MI 6.5% 03/01/24
        549300I7UVBGWRYMYZ18
        FIRST QUANTUM MINERALS L REGD 144A P/P 6.50000000
        335934AP0
        
          
        
        315000.00000000
        NS
        USD
        319320.25000000
        0.479542976354
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2024-03-01
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEXSTAR MEDIA  5.625% 07/15/27
        N/A
        NEXSTAR MEDIA INC REGD 144A P/P 5.62500000
        65343HAA9
        
          
        
        50000.00000000
        NS
        USD
        51890.62000000
        0.077927354621
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-07-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PARKLAND CORP 4.625% 05/01/30
        549300XHQS1JYWBNK868
        PARKLAND CORP REGD 144A P/P 4.62500000
        70137WAL2
        
          
        
        50000.00000000
        NS
        USD
        49311.26000000
        0.074053770120
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2030-05-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VENTURE GLOBAL 4.125% 08/15/31
        N/A
        VENTURE GLOBAL CALCASIEU REGD 144A P/P 4.12500000
        92328MAB9
        
          
        
        40000.00000000
        NS
        USD
        40944.68000000
        0.061489159278
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-08-15
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANTERO MIDSTRE 7.875% 05/15/26
        N/A
        ANTERO MIDSTREAM PART/FI REGD 144A P/P 7.87500000
        03690EAA6
        
          
        
        50000.00000000
        NS
        USD
        53796.45000000
        0.080789457450
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-05-15
          Fixed
          7.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LD HOLDINGS GR 6.125% 04/01/28
        N/A
        LD HOLDINGS GROUP LLC REGD 144A P/P 6.12500000
        521088AC8
        
          
        
        150000.00000000
        NS
        USD
        137719.27000000
        0.206821548702
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-04-01
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CATALENT PHARMA  3.5% 04/01/30
        N/A
        CATALENT PHARMA SOLUTION REGD 144A P/P 3.50000000
        14879EAK4
        
          
        
        50000.00000000
        NS
        USD
        48571.19000000
        0.072942361211
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-04-01
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PARK INTERMED  5.875% 10/01/28
        N/A
        PARK INTERMED HOLDINGS REGD 144A P/P 5.87500000
        70052LAB9
        
          
        
        150000.00000000
        NS
        USD
        155083.26000000
        0.232898126827
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-10-01
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L EG AMERICA LLC 0% 03/11/26
        N/A
        T/L EG AMERICA LLC REGD 0.00000000
        N/A
        
          
        
        29900.71000000
        NS
        USD
        29751.21000000
        0.044679232818
        Long
        LON
        CORP
        US
        N
        
        2
        
          2026-03-11
          Variable
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L GOLDEN NUGGET 0% 10/04/23
        N/A
        T/L GOLDEN NUGGET ONLINE       GAMING INC REGD 0.00000000
        51509HAC5
        
          
        
        3775.03000000
        NS
        USD
        4058.16000000
        0.006094389957
        Long
        LON
        CORP
        US
        N
        
        2
        
          2023-10-04
          Variable
          13.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INTEL PKG HOLDCO I 9% 01/15/26
        N/A
        INTEL PKG HOLDCO ISSUER REGD 144A P/P 9.00000000
        45827CAA7
        
          
        
        75000.00000000
        NS
        USD
        77967.66000000
        0.117088859024
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2026-01-15
          Fixed
          9.00000000
          N
          N
          Y
        
        
          N
          N
          N
        
      
      
        TENET HEALTHCA 6.125% 10/01/28
        0W9AIBT6U6ADJ2I8HK17
        TENET HEALTHCARE CORP REGD 144A P/P 6.12500000
        88033GDJ6
        
          
        
        350000.00000000
        NS
        USD
        357663.19000000
        0.537124941700
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-10-01
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WESTERN MIDSTRE 3.95% 06/01/25
        N/A
        WESTERN MIDSTREAM OPERAT REGD 3.95000000
        958254AE4
        
          
        
        25000.00000000
        NS
        USD
        25878.77000000
        0.038863750075
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-06-01
          Fixed
          3.95000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CCO HLDGS LLC/ 5.375% 06/01/29
        N/A
        CCO HLDGS LLC/CAP CORP REGD 144A P/P 5.37500000
        1248EPCB7
        
          
        
        125000.00000000
        NS
        USD
        132344.25000000
        0.198749548606
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-06-01
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VENTURE GLOBAL 3.875% 08/15/29
        N/A
        VENTURE GLOBAL CALCASIEU REGD 144A P/P 3.87500000
        92328MAA1
        
          
        
        65000.00000000
        NS
        USD
        65378.51000000
        0.098182953555
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-08-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CSC HOLDINGS L 4.625% 12/01/30
        N/A
        CSC HOLDINGS LLC REGD 144A P/P 4.62500000
        126307BD8
        
          
        
        325000.00000000
        NS
        USD
        302223.60000000
        0.453867879248
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-12-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L CITGO PETROLEUM CORPORATIO  0% 3/28/24
        N/A
        T/L CITGO PETROLEUM CORPORATIO REGD 0.00000000
        17302UAM4
        
          
        
        66828.98000000
        NS
        USD
        66689.78000000
        0.100152168844
        Long
        LON
        CORP
        US
        N
        
        2
        
          2024-03-28
          Variable
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        METIS MERGER SUB 6.5% 05/15/29
        N/A
        METIS MERGER SUB LLC REGD 144A P/P 6.50000000
        59155LAA0
        
          
        
        225000.00000000
        NS
        USD
        220017.38000000
        0.330413712424
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-15
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ASHLAND LLC 6.875% 05/15/43
        N/A
        ASHLAND LLC REGD SER WI 6.87500000
        044209AM6
        
          
        
        75000.00000000
        NS
        USD
        94907.47000000
        0.142528419798
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2043-05-15
          Fixed
          6.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LPL HOLDINGS INC 4% 03/15/29
        N/A
        LPL HOLDINGS INC REGD 144A P/P 4.00000000
        50212YAD6
        
          
        
        50000.00000000
        NS
        USD
        50201.79000000
        0.075391134119
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-03-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TRANSDIGM INC 4.625% 01/15/29
        N/A
        TRANSDIGM INC REGD SER WI 4.62500000
        893647BP1
        
          
        
        50000.00000000
        NS
        USD
        47982.26000000
        0.072057928592
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-01-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CCM MERGER INC 6.375% 05/01/26
        549300P77RSBKKFME089
        CCM MERGER INC REGD 144A P/P 6.37500000
        14985VAE1
        
          
        
        25000.00000000
        NS
        USD
        26026.92000000
        0.039086236097
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-05-01
          Fixed
          6.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHENIERE ENERGY  4.5% 10/01/29
        5493005UEC8AZ34LDV29
        CHENIERE ENERGY PARTNERS REGD 4.50000000
        16411QAG6
        
          
        
        100000.00000000
        NS
        USD
        105146.99000000
        0.157905740520
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-10-01
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SCIH SALT HOLD 6.625% 05/01/29
        N/A
        SCIH SALT HOLDINGS INC REGD 144A P/P 6.62500000
        78433BAB4
        
          
        
        25000.00000000
        NS
        USD
        23106.56000000
        0.034700550797
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-01
          Fixed
          6.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NABORS INDUSTRIE 7.5% 01/15/28
        N/A
        NABORS INDUSTRIES LTD REGD 144A P/P 7.50000000
        629571AB6
        
          
        
        125000.00000000
        NS
        USD
        106246.20000000
        0.159556492187
        Long
        DBT
        CORP
        BM
        
        Y
        
        2
        
          2028-01-15
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LAMB WESTON HL 4.375% 01/31/32
        5493005SMYID1D2OY946
        LAMB WESTON HLD REGD 144A P/P 4.37500000
        513272AE4
        
          
        
        75000.00000000
        NS
        USD
        74722.98000000
        0.112216122313
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2032-01-31
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HAWAIIAN BRAND  5.75% 01/20/26
        N/A
        HAWAIIAN BRAND INTELLECT REGD 144A P/P 5.75000000
        41984LAA5
        
          
        
        50000.00000000
        NS
        USD
        51157.90000000
        0.076826983663
        Long
        DBT
        CORP
        KY
        
        Y
        
        2
        
          2026-01-20
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L DIAMOND SPORTS 0% 8/24/26
        N/A
        T/L DIAMOND SPORTS GROUP LLC   ZCP REGD 0.00000000
        25277BAB4
        
          
        
        39796.96000000
        NS
        USD
        16743.14000000
        0.025144209266
        Long
        LON
        CORP
        US
        N
        
        2
        
          2026-08-24
          Variable
          3.35000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN AIRLI 11.75% 07/15/25
        N/A
        AMERICAN AIRLINES INC REGD 144A P/P 11.75000000
        023771S58
        
          
        
        175000.00000000
        NS
        USD
        212190.82000000
        0.318660083029
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-07-15
          Fixed
          11.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L INTELSAT JACKS 0% 10/13/22
        N/A
        T/L INTELSAT JACKSON HOLDINGS  S A REGD 0.00000000
        L5137LAM7
        
          
        
        100000.00000000
        NS
        USD
        100125.00000000
        0.150363907417
        Long
        LON
        CORP
        LU
        N
        
        2
        
          2022-10-13
          Variable
          5.39166666
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ELDORADO GOLD C 6.25% 09/01/29
        5493004PWQ01YDD1IH62
        ELDORADO GOLD CORP REGD 144A P/P 6.25000000
        284902AF0
        
          
        
        200000.00000000
        NS
        USD
        201202.49000000
        0.302158227999
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2029-09-01
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CORNERSTONE CHE 6.75% 08/15/24
        N/A
        CORNERSTONE CHEMICAL CO REGD 144A P/P 6.75000000
        21925AAE5
        
          
        
        75000.00000000
        NS
        USD
        66377.46000000
        0.099683138577
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-08-15
          Fixed
          6.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TENET HEALTHCA 4.875% 01/01/26
        0W9AIBT6U6ADJ2I8HK17
        TENET HEALTHCARE CORP REGD 144A P/P 4.87500000
        88033GCY4
        
          
        
        309000.00000000
        NS
        USD
        315955.31000000
        0.474489637761
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-01-01
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FORTRESS TRANS & 5.5% 05/01/28
        529900E7PUVK6BC8PE80
        FORTRESS TRANS & INFRAST REGD 144A P/P 5.50000000
        34960PAD3
        
          
        
        125000.00000000
        NS
        USD
        122556.72000000
        0.184051009232
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-05-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INTRADO CORP 8.5% 10/15/25
        N/A
        INTRADO CORP REGD 144A P/P 8.50000000
        68163PAA2
        
          
        
        25000.00000000
        NS
        USD
        23512.76000000
        0.035310566469
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-10-15
          Fixed
          8.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ADIENT GLOBAL  4.875% 08/15/26
        N/A
        ADIENT GLOBAL HOLDINGS REGD 144A P/P 4.87500000
        00687YAA3
        
          
        
        200000.00000000
        NS
        USD
        200229.82000000
        0.300697509280
        Long
        DBT
        CORP
        JE
        
        Y
        
        2
        
          2026-08-15
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VISTRA CORP 5.5% 09/01/26
        N/A
        VISTRA CORP REGD 144A P/P 5.50000000
        92840VAA0
        
          
        
        50000.00000000
        NS
        USD
        51319.48000000
        0.077069638346
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-09-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FORD HOLDINGS LL 9.3% 03/01/30
        N/A
        FORD HOLDINGS LLC REGD 9.30000000
        345277AE7
        
          
        
        100000.00000000
        NS
        USD
        138330.41000000
        0.207739335453
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-03-01
          Fixed
          9.30000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALLISON TRANSM 5.875% 06/01/29
        N/A
        ALLISON TRANSMISSION INC REGD 144A P/P 5.87500000
        019736AF4
        
          
        
        75000.00000000
        NS
        USD
        80197.98000000
        0.120438268562
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-06-01
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SPRINT CORP 7.625% 02/15/25
        N/A
        SPRINT CORP REGD 7.62500000
        85207UAJ4
        
          
        
        75000.00000000
        NS
        USD
        85875.00000000
        0.128963800743
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-02-15
          Fixed
          7.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TEMPO ACQUISITI 5.75% 06/01/25
        N/A
        TEMPO ACQUISITION LLC/FI REGD 144A P/P 5.75000000
        88023JAD8
        
          
        
        25000.00000000
        NS
        USD
        25986.37000000
        0.039025339653
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-06-01
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SCIENTIFIC GAME 8.25% 03/15/26
        N/A
        SCIENTIFIC GAMES INTERNA REGD 144A P/P 8.25000000
        80874YBA7
        
          
        
        200000.00000000
        NS
        USD
        210686.51000000
        0.316400967627
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-03-15
          Fixed
          8.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        C&S GROUP ENTERPRI 5% 12/15/28
        N/A
        C&S GROUP ENTERPRISES LL REGD 144A P/P 5.00000000
        12467AAF5
        
          
        
        75000.00000000
        NS
        USD
        70045.29000000
        0.105191345823
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-12-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TITAN INTERNATIONA 7% 04/30/28
        254900CXRGBE7C4B5A06
        TITAN INTERNATIONAL INC REGD SER WI 7.00000000
        88830MAM4
        
          
        
        100000.00000000
        NS
        USD
        102808.91000000
        0.154394501122
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-04-30
          Fixed
          7.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L XPLORNET 0% 10/31/2028
        N/A
        T/L XPLORNET COMMUNICATIONS    INC REGD 0.00000000
        N/A
        
          
        
        225000.00000000
        NS
        USD
        224035.65000000
        0.336448197101
        Long
        LON
        CORP
        CA
        N
        
        2
        
          2028-10-31
          Variable
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TMS INTERNATION 6.25% 04/15/29
        N/A
        TMS INTERNATIONAL CORP REGD 144A P/P 6.25000000
        87261QAC7
        
          
        
        25000.00000000
        NS
        USD
        25158.89000000
        0.037782661739
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KRAFT HEINZ FOOD 6.5% 02/09/40
        N/A
        KRAFT HEINZ FOODS CO REGD SER WI 6.50000000
        50076QAN6
        
          
        
        25000.00000000
        NS
        USD
        35494.41000000
        0.053304151601
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2040-02-09
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW GOLD INC 7.5% 07/15/27
        5493005G0GNCHP0H6L96
        NEW GOLD INC REGD 144A P/P 7.50000000
        644535AH9
        
          
        
        170000.00000000
        NS
        USD
        177852.60000000
        0.267092253486
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2027-07-15
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NABORS INDUSTRI 7.25% 01/15/26
        N/A
        NABORS INDUSTRIES LTD REGD 144A P/P 7.25000000
        629571AA8
        
          
        
        125000.00000000
        NS
        USD
        107540.84000000
        0.161500733176
        Long
        DBT
        CORP
        BM
        
        Y
        
        2
        
          2026-01-15
          Fixed
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FIRST QUANTUM MI 7.5% 04/01/25
        549300I7UVBGWRYMYZ18
        FIRST QUANTUM MINERALS L REGD 144A P/P 7.50000000
        335934AL9
        
          
        
        200000.00000000
        NS
        USD
        205411.39000000
        0.308478993542
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2025-04-01
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EQM MIDSTREAM PA 5.5% 07/15/28
        N/A
        EQM MIDSTREAM PARTNERS L REGD SER 10Y 5.50000000
        26885BAC4
        
          
        
        25000.00000000
        NS
        USD
        26576.28000000
        0.039911243999
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-07-15
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OCCIDENTAL PET 4.625% 06/15/45
        IM7X0T3ECJW4C1T7ON55
        OCCIDENTAL PETROLEUM COR REGD 4.62500000
        674599CF0
        
          
        
        25000.00000000
        NS
        USD
        25338.78000000
        0.038052813682
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2045-06-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CORELOGIC INC 4.5% 05/01/28
        54930086CD8K2UIL0516
        CORELOGIC INC REGD P/P 4.50000000
        21871DAD5
        
          
        
        15000.00000000
        NS
        USD
        14688.20000000
        0.022058178725
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-05-01
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TERRIER MEDIA  8.875% 12/15/27
        N/A
        TERRIER MEDIA BUYER INC REGD 144A P/P 8.87500000
        88146LAA1
        
          
        
        290000.00000000
        NS
        USD
        307235.49000000
        0.461394544556
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-12-15
          Fixed
          8.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SHEA HOMES LP/F 4.75% 02/15/28
        N/A
        SHEA HOMES LP/FNDG CP REGD 144A P/P 4.75000000
        82088KAE8
        
          
        
        75000.00000000
        NS
        USD
        75022.99000000
        0.112666665892
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-02-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EVERARC ESCROW SAR 5% 10/30/29
        N/A
        EVERARC ESCROW SARL REGD 144A P/P 5.00000000
        29977LAA9
        
          
        
        30000.00000000
        NS
        USD
        29263.88000000
        0.043947379205
        Long
        DBT
        CORP
        LU
        
        Y
        
        2
        
          2029-10-30
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CITGO PETROLEUM CO 7% 06/15/25
        N/A
        CITGO PETROLEUM CORP REGD 144A P/P 7.00000000
        17302XAK2
        
          
        
        100000.00000000
        NS
        USD
        100989.82000000
        0.151662661119
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-06-15
          Fixed
          7.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALLIED UNIVERSA 9.75% 07/15/27
        N/A
        ALLIED UNIVERSAL REGD 144A P/P 9.75000000
        019576AB3
        
          
        
        200000.00000000
        NS
        USD
        209969.11000000
        0.315323603660
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-07-15
          Fixed
          9.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HOWARD HUGHES  5.375% 08/01/28
        549300BVHY25JZC1KI49
        HOWARD HUGHES CORP REGD 144A P/P 5.37500000
        44267DAD9
        
          
        
        80000.00000000
        NS
        USD
        83558.78000000
        0.125485389860
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-08-01
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TRANSOCEAN INC 8% 02/01/27
        N/A
        TRANSOCEAN INC REGD 144A P/P 8.00000000
        893830BL2
        
          
        
        25000.00000000
        NS
        USD
        17123.74000000
        0.025715779835
        Long
        DBT
        CORP
        KY
        
        Y
        
        2
        
          2027-02-01
          Fixed
          8.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AECOM 5.125% 03/15/27
        0EEB8GF0W0NPCIHZX097
        AECOM REGD SER WI 5.12500000
        00774CAB3
        
          
        
        50000.00000000
        NS
        USD
        53730.03000000
        0.080689710426
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-03-15
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TARGA RESOURCES  6.5% 07/15/27
        N/A
        TARGA RESOURCES PARTNERS REGD 144A 6.50000000
        87612BBL5
        
          
        
        50000.00000000
        NS
        USD
        53229.74000000
        0.079938393979
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-07-15
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIAMOND BC BV 4.625% 10/01/29
        N/A
        DIAMOND BC BV REGD 144A P/P 4.62500000
        25257DAA6
        
          
        
        25000.00000000
        NS
        USD
        24448.39000000
        0.036715659929
        Long
        DBT
        CORP
        NL
        
        Y
        
        2
        
          2029-10-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WR GRACE HOLDI 4.875% 06/15/27
        N/A
        WR GRACE HOLDING LLC REGD 144A P/P 4.87500000
        92943GAD3
        
          
        
        50000.00000000
        NS
        USD
        50154.30000000
        0.075319815448
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-06-15
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HUDBAY MINERAL 6.125% 04/01/29
        549300WI524AL577IX21
        HUDBAY MINERALS INC REGD 144A P/P 6.12500000
        443628AH5
        
          
        
        110000.00000000
        NS
        USD
        114545.87000000
        0.172020620142
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2029-04-01
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FORD MOTOR COMP 3.25% 02/12/32
        20S05OYHG0MQM4VUIC57
        FORD MOTOR COMPANY REGD 3.25000000
        345370DA5
        
          
        
        75000.00000000
        NS
        USD
        75090.69000000
        0.112768335171
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-02-12
          Fixed
          3.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PARKLAND CORP 4.5% 10/01/29
        549300XHQS1JYWBNK868
        PARKLAND CORP REGD 144A P/P 4.50000000
        70137WAG3
        
          
        
        75000.00000000
        NS
        USD
        73671.89000000
        0.110637635427
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2029-10-01
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OLYMPUS WTR US  4.25% 10/01/28
        549300YU2GGVCBN3MY89
        OLYMPUS WTR US HLDG CORP REGD 144A P/P 4.25000000
        681639AA8
        
          
        
        200000.00000000
        NS
        USD
        193750.00000000
        0.290966362667
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-10-01
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STANDARD INDUS 3.375% 01/15/31
        N/A
        STANDARD INDUSTRIES INC REGD 144A P/P 3.37500000
        853496AH0
        
          
        
        150000.00000000
        NS
        USD
        138241.72000000
        0.207606144192
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-01-15
          Fixed
          3.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DCP MIDSTREAM  5.625% 07/15/27
        N/A
        DCP MIDSTREAM OPERATING REGD 5.62500000
        23311VAJ6
        
          
        
        20000.00000000
        NS
        USD
        22380.42000000
        0.033610061431
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-07-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MGM RESORTS INT 4.75% 10/15/28
        54930066VBP7DZEGGJ87
        MGM RESORTS INTL REGD 4.75000000
        552953CH2
        
          
        
        375000.00000000
        NS
        USD
        382332.71000000
        0.574172686232
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-10-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHENIERE ENERGY PA 4% 03/01/31
        5493005UEC8AZ34LDV29
        CHENIERE ENERGY PARTNERS REGD 144A P/P 4.00000000
        16411QAH4
        
          
        
        100000.00000000
        NS
        USD
        102816.11000000
        0.154405313808
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-03-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STANDARD INDUSTRIE 5% 02/15/27
        N/A
        STANDARD INDUSTRIES INC REGD 144A P/P 5.00000000
        853496AC1
        
          
        
        120000.00000000
        NS
        USD
        123131.12000000
        0.184913621252
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-02-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PARK RIVER HOL 5.625% 02/01/29
        N/A
        PARK RIVER HOLDINGS INC REGD 144A P/P 5.62500000
        70082LAA5
        
          
        
        150000.00000000
        NS
        USD
        142141.99000000
        0.213463420968
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-01
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KRONOS ACQ  / KIK  5% 12/31/26
        N/A
        KRONOS ACQ  / KIK CUSTOM REGD 144A P/P 5.00000000
        50106GAE2
        
          
        
        25000.00000000
        NS
        USD
        24817.88000000
        0.037270545923
        Long
        DBT
        CORP
        US
        
        Y
        
        2
        
          2026-12-31
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VECTOR GROUP LT 5.75% 02/01/29
        549300TUIF4WWN6NDN50
        VECTOR GROUP LTD REGD 144A P/P 5.75000000
        92240MBL1
        
          
        
        175000.00000000
        NS
        USD
        166404.60000000
        0.249900083577
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-01
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ADAPTHEALTH LL 5.125% 03/01/30
        N/A
        ADAPTHEALTH LLC REGD 144A P/P 5.12500000
        00653VAE1
        
          
        
        50000.00000000
        NS
        USD
        49567.71000000
        0.074438896952
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-03-01
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FREEPORT-MCMOR 4.625% 08/01/30
        549300IRDTHJQ1PVET45
        FREEPORT-MCMORAN INC REGD 4.62500000
        35671DCH6
        
          
        
        100000.00000000
        NS
        USD
        105621.84000000
        0.158618852144
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-08-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        P&L DEV LLC/PLD 7.75% 11/15/25
        N/A
        P&L DEV LLC/PLD FIN CORP REGD 144A P/P 7.75000000
        69306RAA4
        
          
        
        150000.00000000
        NS
        USD
        152082.47000000
        0.228391654820
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-11-15
          Fixed
          7.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        M/I HOMES INC 4.95% 02/01/28
        5299005M71FH9CCSFB69
        M/I HOMES INC REGD 4.95000000
        55305BAS0
        
          
        
        75000.00000000
        NS
        USD
        77571.95000000
        0.116494596833
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-02-01
          Fixed
          4.95000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US 2YR NOTE (CBT) MAR22
        N/A
        FUTURE CONTRACT ON           US 2YR NOTE (CBT) MAR22 0.00000000
        N/A
        
          
        
        7.00000000
        NC
        USD
        1531140.63000000
        2.299408618549
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              CITIGROUP GLOBAL MARKETS INC
              MBNUM2BPBDO7JBLYG310
            
            Long
            
              
                F/C US 2YR NOTE (CBT) MAR22
                US 2YR NOTE (CBT) MAR22
                
                  
                
              
            
            2022-03-31
            1528712.37000000
            USD
            2428.26000000
          
        
        
          N
          N
          N
        
      
      
        COOPER-STANDAR 5.625% 11/15/26
        N/A
        COOPER-STANDARD AUTOMOTI REGD 144A P/P 5.62500000
        216762AF1
        
          
        
        50000.00000000
        NS
        USD
        40782.63000000
        0.061245798767
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-11-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITI GRP/UNIT 7.875% 02/15/25
        N/A
        UNITI GRP/UNITI HLD/CSL REGD 144A P/P 7.87500000
        91327AAA0
        
          
        
        425000.00000000
        NS
        USD
        444697.53000000
        0.667829795052
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-02-15
          Fixed
          7.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NCR CORP 5% 10/01/28
        549300YKTY8JX1DV2R67
        NCR CORP REGD 144A P/P 5.00000000
        62886EAY4
        
          
        
        150000.00000000
        NS
        USD
        151558.88000000
        0.227605347321
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SOUTHWESTERN E 5.375% 02/01/29
        EFWMP121W54QV9MGOP87
        SOUTHWESTERN ENERGY CO REGD SER WI 5.37500000
        845467AR0
        
          
        
        25000.00000000
        NS
        USD
        26046.96000000
        0.039116331405
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-02-01
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DANA INC 4.5% 02/15/32
        KVWHW7YLZPFJM8QYNJ51
        DANA INC REGD 4.50000000
        235825AJ5
        
          
        
        50000.00000000
        NS
        USD
        48755.50000000
        0.073219150942
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-02-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        B&G FOODS INC 5.25% 09/15/27
        549300TRW1LZMDJZAQ78
        B&G FOODS INC REGD 5.25000000
        05508WAB1
        
          
        
        50000.00000000
        NS
        USD
        50784.53000000
        0.076266270832
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-09-15
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN AIRLIN 5.75% 04/20/29
        N/A
        AMERICAN AIRLINES/AADVAN REGD 144A P/P 5.75000000
        00253XAB7
        
          
        
        125000.00000000
        NS
        USD
        130605.35000000
        0.196138134887
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2029-04-20
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ACRISURE LLC / FIN 6% 08/01/29
        N/A
        ACRISURE LLC / FIN INC REGD 144A P/P 6.00000000
        00489LAH6
        
          
        
        125000.00000000
        NS
        USD
        119777.59000000
        0.179877417762
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-08-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERIGAS PART/ 5.875% 08/20/26
        N/A
        AMERIGAS PART/FIN CORP REGD 5.87500000
        030981AJ3
        
          
        
        78000.00000000
        NS
        USD
        84912.90000000
        0.127518955646
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-08-20
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WHITE CAP BUYE 6.875% 10/15/28
        N/A
        WHITE CAP BUYER LLC REGD 144A P/P 6.87500000
        96350RAA2
        
          
        
        75000.00000000
        NS
        USD
        76814.17000000
        0.115356591722
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-10-15
          Fixed
          6.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HILTON DOMESTI 3.625% 02/15/32
        N/A
        HILTON DOMESTIC OPERATIN REGD 144A P/P 3.62500000
        432833AN1
        
          
        
        200000.00000000
        NS
        USD
        194209.46000000
        0.291656362177
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2032-02-15
          Fixed
          3.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TARGA RESOURCE 5.375% 02/01/27
        N/A
        TARGA RESOURCES PARTNERS REGD 5.37500000
        87612BBE1
        
          
        
        25000.00000000
        NS
        USD
        25642.70000000
        0.038509229150
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-02-01
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOMBARDIER INC 7.5% 12/01/24
        W7L3VLU8EHQY34Z36697
        BOMBARDIER INC REGD 144A P/P 7.50000000
        097751BR1
        
          
        
        250000.00000000
        NS
        USD
        259264.34000000
        0.389353300538
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2024-12-01
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MEDNAX INC 6.25% 01/15/27
        N/A
        MEDNAX INC REGD 144A P/P 6.25000000
        58502BAC0
        
          
        
        200000.00000000
        NS
        USD
        208638.06000000
        0.313324683521
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-01-15
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANTERO RESOURCES C 5% 03/01/25
        APVBKPOULHUX7YZLKU17
        ANTERO RESOURCES CORP REGD SER WI 5.00000000
        03674XAJ5
        
          
        
        50000.00000000
        NS
        USD
        50388.62000000
        0.075671708290
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-03-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NATIONSTAR MTG HLD 6% 01/15/27
        N/A
        NATIONSTAR MTG HLD INC REGD 144A P/P 6.00000000
        63861CAA7
        
          
        
        125000.00000000
        NS
        USD
        129123.06000000
        0.193912088282
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-01-15
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALLIANCE DATA S 4.75% 12/15/24
        549300G8S4PO686J7H97
        ALLIANCE DATA SYSTEMS CO REGD 144A P/P 4.75000000
        018581AK4
        
          
        
        100000.00000000
        NS
        USD
        101483.30000000
        0.152403750567
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-12-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DUN & BRADSTRE 6.875% 08/15/26
        N/A
        DUN & BRADSTREET CORP REGD 144A P/P 6.87500000
        26483EAJ9
        
          
        
        200000.00000000
        NS
        USD
        207563.42000000
        0.311710830143
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-08-15
          Fixed
          6.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NRG ENERGY INC 5.75% 01/15/28
        5E2UPK5SW04M13XY7I38
        NRG ENERGY INC REGD SER WI 5.75000000
        629377CE0
        
          
        
        25000.00000000
        NS
        USD
        26179.72000000
        0.039315705311
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-01-15
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PRUDENTIAL CORE ULTRA SHORT
        N/A
        PRUDENTIAL CORE ULTRA SHORT    BOND FUND 0.00000000
        74440E201
        
          
        
        2709335.56500000
        NS
        USD
        2709335.57000000
        4.068776857028
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CCO HLDGS LLC/CA 4.5% 08/15/30
        N/A
        CCO HLDGS LLC/CAP CORP REGD 144A P/P 4.50000000
        1248EPCE1
        
          
        
        50000.00000000
        NS
        USD
        50424.82000000
        0.075726072070
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-08-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MGM RESORTS IN 4.625% 09/01/26
        54930066VBP7DZEGGJ87
        MGM RESORTS INTL REGD 4.62500000
        552953CD1
        
          
        
        75000.00000000
        NS
        USD
        76328.83000000
        0.114627726615
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-09-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOYD GAMING COR 4.75% 06/15/31
        254900787YGRYS2A1Z35
        BOYD GAMING CORP REGD 144A P/P 4.75000000
        103304BV2
        
          
        
        50000.00000000
        NS
        USD
        49780.74000000
        0.074758817283
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-06-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MEG ENERGY COR 5.875% 02/01/29
        5493002WXPTG5ZC1T326
        MEG ENERGY CORP REGD 144A P/P 5.87500000
        552704AF5
        
          
        
        50000.00000000
        NS
        USD
        49746.62000000
        0.074707577168
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2029-02-01
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SUBURBAN PROPANE P 5% 06/01/31
        N/A
        SUBURBAN PROPANE PARTNRS REGD 144A P/P 5.00000000
        864486AL9
        
          
        
        50000.00000000
        NS
        USD
        49383.52000000
        0.074162287432
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BEAZER HOMES US 7.25% 10/15/29
        549300DUPYT2T0F60I45
        BEAZER HOMES USA REGD SER WI 7.25000000
        07556QBT1
        
          
        
        370000.00000000
        NS
        USD
        405808.46000000
        0.609427672495
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-10-15
          Fixed
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L BMC SOFTWARE  0% 03/23/26
        N/A
        T/L BMC SOFTWARE  INC REGD 0.00000000
        N/A
        
          
        
        50000.00000000
        NS
        USD
        50437.50000000
        0.075745114410
        Long
        LON
        CORP
        US
        N
        
        2
        
          2026-03-23
          Variable
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WESCO DISTRIBU 7.125% 06/15/25
        N/A
        WESCO DISTRIBUTION INC REGD 144A P/P 7.12500000
        95081QAN4
        
          
        
        100000.00000000
        NS
        USD
        105681.82000000
        0.158708927821
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-06-15
          Fixed
          7.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN AXLE & 6.25% 03/15/26
        N/A
        AMERICAN AXLE & MFG INC REGD 6.25000000
        02406PAY6
        
          
        
        100000.00000000
        NS
        USD
        102368.78000000
        0.153733530670
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-03-15
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BROADSTREET PA 5.875% 04/15/29
        549300BS9N54G8DD0R75
        BROADSTREET PARTNERS INC REGD 144A P/P 5.87500000
        11135RAA3
        
          
        
        75000.00000000
        NS
        USD
        73323.09000000
        0.110113820887
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PENNYMAC FIN S 5.375% 10/15/25
        549300W1D516HBDEU871
        PENNYMAC FIN SVCS INC REGD 144A P/P 5.37500000
        70932MAA5
        
          
        
        100000.00000000
        NS
        USD
        101721.38000000
        0.152761290034
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-10-15
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMSTED INDUSTR 4.625% 05/15/30
        N2VLGYMEEBIU3PFSUY86
        AMSTED INDUSTRIES REGD 144A P/P 4.62500000
        032177AJ6
        
          
        
        160000.00000000
        NS
        USD
        162352.86000000
        0.243815334931
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-05-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITED RENTALS  3.75% 01/15/32
        N/A
        UNITED RENTALS NORTH AM REGD 3.75000000
        911365BP8
        
          
        
        75000.00000000
        NS
        USD
        73873.00000000
        0.110939654757
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-01-15
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SUBURBAN PROPA 5.875% 03/01/27
        N/A
        SUBURBAN PROPANE PARTNRS REGD 5.87500000
        864486AK1
        
          
        
        125000.00000000
        NS
        USD
        129062.57000000
        0.193821246706
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-03-01
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SUMMIT MATERIALS 6.5% 03/15/27
        N/A
        SUMMIT MATERIALS LLC/FIN REGD 144A P/P 6.50000000
        86614RAM9
        
          
        
        75000.00000000
        NS
        USD
        78134.31000000
        0.117339127640
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-03-15
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TPC GROUP INC 10.5% 08/01/24
        549300K276KVW5JD1583
        TPC GROUP INC REGD 144A P/P 10.50000000
        89236YAB0
        
          
        
        185000.00000000
        NS
        USD
        129382.79000000
        0.194302140893
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-08-01
          Fixed
          10.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NRG ENERGY INC 5.25% 06/15/29
        5E2UPK5SW04M13XY7I38
        NRG ENERGY INC REGD 144A P/P 5.25000000
        629377CH3
        
          
        
        250000.00000000
        NS
        USD
        259519.46000000
        0.389736430026
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-06-15
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FORD MOTOR COMPA 7.4% 11/01/46
        20S05OYHG0MQM4VUIC57
        FORD MOTOR COMPANY REGD 7.40000000
        345370BR0
        
          
        
        175000.00000000
        NS
        USD
        236545.78000000
        0.355235433347
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2046-11-01
          Fixed
          7.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INTELSAT JACKSON 8.5% 10/15/24
        N/A
        INTELSAT JACKSON HLDG REGD 144A P/P 0.00000000
        45824TBA2
        
          
        
        25000.00000000
        NS
        USD
        12617.00000000
        0.018947729536
        Long
        DBT
        CORP
        LU
        Y
        
        2
        
          2024-10-15
          Fixed
          0.00000000
          Y
          N
          N
        
        
          N
          N
          N
        
      
      
        RANGE RESOURCES 9.25% 02/01/26
        H3Y3WLYCX0BTO1TRW162
        RANGE RESOURCES CORP REGD SER WI 9.25000000
        75281ABG3
        
          
        
        150000.00000000
        NS
        USD
        161317.56000000
        0.242260560865
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-02-01
          Fixed
          9.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CENTURY COMMUN 3.875% 08/15/29
        5299002QMB2O7ZL1CA26
        CENTURY COMMUNITIES REGD 144A P/P 3.87500000
        156504AM4
        
          
        
        125000.00000000
        NS
        USD
        123219.59000000
        0.185046482124
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-08-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOMBARDIER INC 7.5% 03/15/25
        W7L3VLU8EHQY34Z36697
        BOMBARDIER INC REGD P/P 7.50000000
        097751BM2
        
          
        
        350000.00000000
        NS
        USD
        357234.74000000
        0.536481511826
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2025-03-15
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHOBANI LLC/FI 4.625% 11/15/28
        N/A
        CHOBANI LLC/FINANCE CORP REGD 144A P/P 4.62500000
        17027NAB8
        
          
        
        50000.00000000
        NS
        USD
        50771.01000000
        0.076245967012
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-11-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MEG ENERGY COR 7.125% 02/01/27
        5493002WXPTG5ZC1T326
        MEG ENERGY CORP REGD 144A P/P 7.12500000
        552704AE8
        
          
        
        175000.00000000
        NS
        USD
        180370.09000000
        0.270872923981
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2027-02-01
          Fixed
          7.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OWENS-BROCKWAY 6.375% 08/15/25
        N/A
        OWENS-BROCKWAY REGD P/P 6.37500000
        69073TAS2
        
          
        
        50000.00000000
        NS
        USD
        53873.53000000
        0.080905213255
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-08-15
          Fixed
          6.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L UNITED AI 0% 04/15/28
        N/A
        T/L UNITED AIRLINES INC        REGD 0.00000000
        N/A
        
          
        
        194025.00000000
        NS
        USD
        193054.88000000
        0.289922457955
        Long
        LON
        CORP
        US
        N
        
        2
        
          2028-04-15
          Variable
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SCOTTS MIRACLE 4.375% 02/01/32
        2TH9E0JTOUXOEGI2R879
        SCOTTS MIRACLE-GRO CO REGD 144A P/P 4.37500000
        810186AV8
        
          
        
        50000.00000000
        NS
        USD
        49603.90000000
        0.074493245714
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2032-02-01
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIVERSIFIED HE 4.375% 03/01/31
        N/A
        DIVERSIFIED HEALTHCARE T REGD 4.37500000
        25525PAB3
        
          
        
        200000.00000000
        NS
        USD
        186959.42000000
        0.280768528536
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-03-01
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US 5YR NOTE (CBT) MAR22
        N/A
        FUTURE CONTRACT ON           US 5YR NOTE (CBT) MAR22 0.00000000
        N/A
        
          
        
        48.00000000
        NC
        USD
        5827125.02000000
        8.750954177444
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              CITIGROUP GLOBAL MARKETS INC
              MBNUM2BPBDO7JBLYG310
            
            Long
            
              
                F/C US 5YR NOTE (CBT) MAR22
                US 5YR NOTE (CBT) MAR22
                
                  
                
              
            
            2022-03-31
            5782056.84000000
            USD
            45068.18000000
          
        
        
          N
          N
          N
        
      
      
        HILTON DOMESTI 5.375% 05/01/25
        N/A
        HILTON DOMESTIC OPERATIN REGD 144A P/P 5.37500000
        432833AG6
        
          
        
        25000.00000000
        NS
        USD
        25894.04000000
        0.038886681979
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-05-01
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GOEASY LTD 4.375% 05/01/26
        5493009DJVZG2P8YV435
        GOEASY LTD REGD 144A P/P 4.37500000
        380355AF4
        
          
        
        50000.00000000
        NS
        USD
        51180.10000000
        0.076860322776
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2026-05-01
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LCM INVESTMENT 4.875% 05/01/29
        549300P5V78NNQTG4428
        LCM INVESTMENTS HOLDINGS REGD 144A P/P 4.87500000
        50190EAA2
        
          
        
        75000.00000000
        NS
        USD
        74985.20000000
        0.112609914311
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-01
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHOBANI LLC/FINA 7.5% 04/15/25
        N/A
        CHOBANI LLC/FINANCE CORP REGD 144A P/P 7.50000000
        17027NAA0
        
          
        
        50000.00000000
        NS
        USD
        51687.68000000
        0.077622587067
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-04-15
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIVISION COMM 6.625% 06/01/27
        N/A
        UNIVISION COMMUNICATIONS REGD 144A P/P 6.62500000
        914906AU6
        
          
        
        200000.00000000
        NS
        USD
        213600.89000000
        0.320777672391
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-06-01
          Fixed
          6.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHESAPEAKE ENE 5.875% 02/01/29
        X2MT1W32SPAZ9WSKLE78
        CHESAPEAKE ENERGY CORP REGD 144A P/P 5.87500000
        165167DG9
        
          
        
        25000.00000000
        NS
        USD
        26506.38000000
        0.039806270844
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-01
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MATTAMY GROUP C 5.25% 12/15/27
        5493008TNY7A82WCXU31
        MATTAMY GROUP CORP REGD 144A P/P 5.25000000
        57701RAJ1
        
          
        
        250000.00000000
        NS
        USD
        259646.26000000
        0.389926853432
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2027-12-15
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CROWNROCK LP/CROWN 5% 05/01/29
        N/A
        CROWNROCK LP/CROWNROCK F REGD 144A P/P 5.00000000
        228701AG3
        
          
        
        25000.00000000
        NS
        USD
        25147.81000000
        0.037766022218
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RADIATE HOLDCO / 6.5% 09/15/28
        N/A
        RADIATE HOLDCO / FINANCE REGD 144A P/P 6.50000000
        75026JAE0
        
          
        
        100000.00000000
        NS
        USD
        96994.36000000
        0.145662431630
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-09-15
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TRANSDIGM INC 5.5% 11/15/27
        N/A
        TRANSDIGM INC REGD SER WI 5.50000000
        893647BL0
        
          
        
        300000.00000000
        NS
        USD
        302122.35000000
        0.453715825858
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-11-15
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CIVITAS RESOURCES INC
        IIVIHPH28S64K95M2381
        CIVITAS RESOURCES INC 0.00000000
        17888H103
        
          
        
        5825.00000000
        NS
        USD
        297715.75000000
        0.447098161994
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MAXIM CRANE W 10.125% 08/01/24
        N/A
        MAXIM CRANE WORKS LLC REGD 144A P/P 10.12500000
        18911YAA3
        
          
        
        382000.00000000
        NS
        USD
        391968.83000000
        0.588643843841
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-08-01
          Fixed
          10.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TRIMAS CORP 4.125% 04/15/29
        75G1WUQ8QK4P5MZOYD78
        TRIMAS CORP REGD 144A P/P 4.12500000
        896215AH3
        
          
        
        50000.00000000
        NS
        USD
        50400.16000000
        0.075689038622
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ADTALEM GLOBAL E 5.5% 03/01/28
        549300Z467EZLMODV621
        ADTALEM GLOBAL EDUCATION REGD 144A P/P 5.50000000
        00737WAA7
        
          
        
        185000.00000000
        NS
        USD
        178436.83000000
        0.267969627824
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-03-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BIG RIVER STEE 6.625% 01/31/29
        N/A
        BIG RIVER STEEL/BRS FIN REGD 144A P/P 6.62500000
        08949LAB6
        
          
        
        91000.00000000
        NS
        USD
        97680.90000000
        0.146693451226
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-01-31
          Fixed
          6.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US ULTRA BOND CBT MAR22
        N/A
        FUTURE CONTRACT ON           US ULTRA BOND CBT MAR22 0.00000000
        N/A
        
          
        
        -5.00000000
        NC
        USD
        -1002812.50000000
        -1.50598557709
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              CITIGROUP GLOBAL MARKETS INC
              MBNUM2BPBDO7JBLYG310
            
            Short
            
              
                F/C US ULTRA BOND CBT MAR22
                US ULTRA BOND CBT MAR22
                
                  
                
              
            
            2022-03-22
            972484.14000000
            USD
            -30328.36000000
          
        
        
          N
          N
          N
        
      
      
        PENINSULA PACIFI 8.5% 11/15/27
        N/A
        PENINSULA PACIFIC ENTERT REGD 144A P/P 8.50000000
        70715XAA4
        
          
        
        200000.00000000
        NS
        USD
        216233.49000000
        0.324731210695
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-11-15
          Fixed
          8.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BROOKFIELD RES 4.875% 02/15/30
        N/A
        BROOKFIELD RESID PROPERT REGD 144A P/P 4.87500000
        11283YAD2
        
          
        
        75000.00000000
        NS
        USD
        74874.65000000
        0.112443894536
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2030-02-15
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        IHEARTCOMMUNICA 5.25% 08/15/27
        N/A
        IHEARTCOMMUNICATIONS INC REGD 144A P/P 5.25000000
        45174HBE6
        
          
        
        100000.00000000
        NS
        USD
        101747.92000000
        0.152801146794
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-08-15
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHEMOURS CO 4.625% 11/15/29
        549300M1BOLNXL8DOV14
        CHEMOURS CO REGD 144A P/P 4.62500000
        163851AH1
        
          
        
        150000.00000000
        NS
        USD
        144872.16000000
        0.217563486178
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-11-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANTERO RESOURC 5.375% 03/01/30
        APVBKPOULHUX7YZLKU17
        ANTERO RESOURCES CORP REGD 144A P/P 5.37500000
        03674XAS5
        
          
        
        125000.00000000
        NS
        USD
        129376.17000000
        0.194292199229
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-03-01
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JBS USA/FOOD/FIN 6.5% 04/15/29
        N/A
        JBS USA/FOOD/FINANCE REGD 144A P/P 6.50000000
        46590XAA4
        
          
        
        150000.00000000
        NS
        USD
        164444.00000000
        0.246955729251
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2029-04-15
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOMBARDIER INC 7.875% 04/15/27
        W7L3VLU8EHQY34Z36697
        BOMBARDIER INC REGD 144A P/P 7.87500000
        097751BT7
        
          
        
        190000.00000000
        NS
        USD
        195650.09000000
        0.293819845382
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2027-04-15
          Fixed
          7.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PRECISION DRIL 7.125% 01/15/26
        549300WF2OE8T5BP4B84
        PRECISION DRILLING CORP REGD 144A P/P 7.12500000
        740212AL9
        
          
        
        75000.00000000
        NS
        USD
        75378.85000000
        0.113201082872
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2026-01-15
          Fixed
          7.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AVIS BUDGET CAR 4.75% 04/01/28
        N/A
        AVIS BUDGET CAR/FINANCE REGD 144A P/P 4.75000000
        053773BG1
        
          
        
        100000.00000000
        NS
        USD
        101628.14000000
        0.152621265757
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-04-01
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WYNN MACAU LTD 5.625% 08/26/28
        N/A
        WYNN MACAU LTD REGD 144A P/P 5.62500000
        98313RAH9
        
          
        
        200000.00000000
        NS
        USD
        183957.17000000
        0.276259863956
        Long
        DBT
        CORP
        KY
        
        Y
        
        2
        
          2028-08-26
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ASCENT RESOURCES/A 9% 11/01/27
        N/A
        ASCENT RESOURCES/ARU FIN REGD P/P 9.00000000
        04364VAK9
        
          
        
        62000.00000000
        NS
        USD
        83770.92000000
        0.125803973624
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-11-01
          Fixed
          9.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COMSTOCK RESOUR 6.75% 03/01/29
        I03QQGEA4SS774AURI46
        COMSTOCK RESOURCES INC REGD 144A P/P 6.75000000
        205768AS3
        
          
        
        125000.00000000
        NS
        USD
        130001.51000000
        0.195231310998
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-03-01
          Fixed
          6.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        IAMGOLD CORP 5.75% 10/15/28
        254900E7II30XAB9LA72
        IAMGOLD CORP REGD 144A P/P 5.75000000
        450913AF5
        
          
        
        94000.00000000
        NS
        USD
        90636.75000000
        0.136114815336
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2028-10-15
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NRG ENERGY INC 3.875% 02/15/32
        5E2UPK5SW04M13XY7I38
        NRG ENERGY INC REGD 144A P/P 3.87500000
        629377CS9
        
          
        
        75000.00000000
        NS
        USD
        72015.63000000
        0.108150327310
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2032-02-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANTERO MIDSTREA 5.75% 01/15/28
        N/A
        ANTERO MIDSTREAM PART/FI REGD 144A P/P 5.75000000
        03690AAF3
        
          
        
        125000.00000000
        NS
        USD
        128384.85000000
        0.192803472651
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-01-15
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIG INTL FIN/DIG I 8% 12/31/26
        N/A
        DIG INTL FIN/DIG INTL HL REGD 144A P/P 8.00000000
        25381XAC7
        
          
        
        200000.00000000
        NS
        USD
        195987.46000000
        0.294326494785
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2026-12-31
          Fixed
          8.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        H&E EQUIPMENT  3.875% 12/15/28
        254900KVLRCDMQRYY541
        H&E EQUIPMENT SERVICES REGD 144A P/P 3.87500000
        404030AJ7
        
          
        
        225000.00000000
        NS
        USD
        218822.75000000
        0.328619662639
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-12-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TALLGRASS NRG PR 5.5% 01/15/28
        N/A
        TALLGRASS NRG PRTNR/FIN REGD 144A P/P 5.50000000
        87470LAD3
        
          
        
        75000.00000000
        NS
        USD
        73684.02000000
        0.110655851799
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-01-15
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AVIENT CORP 5.75% 05/15/25
        SM8L9RZYIB34LNTWO040
        AVIENT CORP REGD 144A P/P 5.75000000
        73179PAM8
        
          
        
        100000.00000000
        NS
        USD
        103668.94000000
        0.155686061385
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-05-15
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ASHTON WOODS U 4.625% 08/01/29
        N/A
        ASHTON WOODS USA/FINANCE REGD 144A P/P 4.62500000
        045086AM7
        
          
        
        50000.00000000
        NS
        USD
        49443.21000000
        0.074251927599
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-08-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALBERTSONS COS 5.875% 02/15/28
        N/A
        ALBERTSONS COS/SAFEWAY REGD 144A P/P 5.87500000
        013092AB7
        
          
        
        25000.00000000
        NS
        USD
        26294.95000000
        0.039488753331
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-02-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOEING CO 5.15% 05/01/30
        RVHJWBXLJ1RFUBSY1F30
        BOEING CO REGD 5.15000000
        097023CY9
        
          
        
        125000.00000000
        NS
        USD
        145221.95000000
        0.218088787463
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-05-01
          Fixed
          5.15000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TEMPUR SEALY INTL  4% 04/15/29
        549300HFEKVR3US71V91
        TEMPUR SEALY INTL INC REGD 144A P/P 4.00000000
        88023UAH4
        
          
        
        100000.00000000
        NS
        USD
        99352.42000000
        0.149203676230
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L TIBCO SOFT 0% 06/30/26
        N/A
        T/L TIBCO SOFTWARE INC REGD 0.00000000
        88632NAP5
        
          
        
        197989.96000000
        NS
        USD
        194958.34000000
        0.292781001607
        Long
        LON
        CORP
        US
        N
        
        2
        
          2026-06-30
          Variable
          3.85000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMBIENCE MERGE 4.875% 07/15/28
        N/A
        AMBIENCE MERGER REGD 144A P/P 4.87500000
        04650YAA8
        
          
        
        50000.00000000
        NS
        USD
        49386.61000000
        0.074166927877
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-07-15
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KB HOME 4% 06/15/31
        549300LGUCWQURMWLG09
        KB HOME REGD 4.00000000
        48666KAZ2
        
          
        
        50000.00000000
        NS
        USD
        50496.04000000
        0.075833027550
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-06-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ONEMAIN FINANC 6.875% 03/15/25
        N/A
        ONEMAIN FINANCE CORP REGD 6.87500000
        85172FAM1
        
          
        
        125000.00000000
        NS
        USD
        137524.89000000
        0.206529636230
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-03-15
          Fixed
          6.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KRAFT HEINZ FOOD 5.2% 07/15/45
        N/A
        KRAFT HEINZ FOODS CO REGD 5.20000000
        50077LAM8
        
          
        
        25000.00000000
        NS
        USD
        31813.38000000
        0.047776121098
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2045-07-15
          Fixed
          5.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L BOXER PAREN 0% 10/02/2025
        N/A
        T/L BOXER PARENT COMPANY INC   REGD 0.00000000
        N/A
        
          
        
        25000.00000000
        NS
        USD
        24713.55000000
        0.037113867107
        Long
        LON
        CORP
        US
        N
        
        2
        
          2025-10-02
          Variable
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L HERITAGE POWER 0% 07/30/26
        N/A
        T/L HERITAGE POWER LLC REGD 0.00000000
        42727CAC1
        
          
        
        145592.51000000
        NS
        USD
        125209.56000000
        0.188034943197
        Long
        LON
        CORP
        US
        N
        
        2
        
          2026-07-30
          Variable
          7.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EQM MIDSTREAM PART 6% 07/01/25
        N/A
        EQM MIDSTREAM PARTNERS L REGD 144A P/P 6.00000000
        26885BAF7
        
          
        
        120000.00000000
        NS
        USD
        127565.48000000
        0.191572974026
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-07-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GOLDEN NUGGET I 6.75% 10/15/24
        N/A
        GOLDEN NUGGET INC REGD P/P 6.75000000
        38113YAE9
        
          
        
        125000.00000000
        NS
        USD
        125040.57000000
        0.187781160458
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-10-15
          Fixed
          6.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INTELSAT JACKSON 5.5% 08/01/23
        N/A
        INTELSAT JACKSON HLDG REGD 0.00000000
        45824TAP0
        
          
        
        490000.00000000
        NS
        USD
        239809.01000000
        0.360136027740
        Long
        DBT
        CORP
        LU
        N
        
        2
        
          2023-08-01
          Fixed
          0.00000000
          Y
          N
          N
        
        
          N
          N
          N
        
      
      
        BRIGHTSTAR ESCR 9.75% 10/15/25
        N/A
        BRIGHTSTAR ESCROW CORP REGD 144A P/P 9.75000000
        10947XAA0
        
          
        
        105000.00000000
        NS
        USD
        112392.31000000
        0.168786485845
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-10-15
          Fixed
          9.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EQT CORP 3.9% 10/01/27
        4NT01YGM4X7ZX86ISY52
        EQT CORP REGD 3.90000000
        26884LAF6
        
          
        
        75000.00000000
        NS
        USD
        78266.93000000
        0.117538291299
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-10-01
          Fixed
          3.90000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STL HOLDING CO L 7.5% 02/15/26
        984500BC2I63E7F48656
        STL HOLDING CO LLC REGD 144A P/P 7.50000000
        861036AA9
        
          
        
        75000.00000000
        NS
        USD
        78588.07000000
        0.118020567106
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-02-15
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FREEDOM MORTGA 7.625% 05/01/26
        549300LYRWPSYPK6S325
        FREEDOM MORTGAGE CORP REGD 144A P/P 7.62500000
        35640YAF4
        
          
        
        75000.00000000
        NS
        USD
        72585.79000000
        0.109006571858
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-05-01
          Fixed
          7.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HCA INC 5.875% 02/15/26
        N/A
        HCA INC REGD 5.87500000
        404119BS7
        
          
        
        75000.00000000
        NS
        USD
        84111.43000000
        0.126315338559
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-02-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CORNERSTONE BU 6.125% 01/15/29
        549300IW41QEWQ6T0H29
        CORNERSTONE BUILDING REGD 144A P/P 6.12500000
        21925DAA7
        
          
        
        125000.00000000
        NS
        USD
        130873.45000000
        0.196540757245
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-01-15
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NORTONLIFELOCK INC 5% 04/15/25
        YF6ZV0M6AU4FY94MK914
        NORTONLIFELOCK INC REGD 144A P/P 5.00000000
        871503AU2
        
          
        
        40000.00000000
        NS
        USD
        40402.56000000
        0.060675024132
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-04-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHENIERE ENERG 4.625% 10/15/28
        MIHC87W9WTYSYZWV1J40
        CHENIERE ENERGY INC REGD SER WI 4.62500000
        16411RAK5
        
          
        
        300000.00000000
        NS
        USD
        309068.55000000
        0.464147364172
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-10-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CSC HOLDINGS L 4.125% 12/01/30
        N/A
        CSC HOLDINGS LLC REGD 144A P/P 4.12500000
        126307BB2
        
          
        
        200000.00000000
        NS
        USD
        191423.92000000
        0.287473144412
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-12-01
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BAUSCH HEALTH COS  5% 02/15/29
        B3BS7ACMDUWISF18KY76
        BAUSCH HEALTH COS INC REGD 144A P/P 5.00000000
        071734AM9
        
          
        
        50000.00000000
        NS
        USD
        42878.53000000
        0.064393341474
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2029-02-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WYNN RESORTS F 5.125% 10/01/29
        N/A
        WYNN RESORTS FINANCE LLC REGD 144A P/P 5.12500000
        983133AA7
        
          
        
        155000.00000000
        NS
        USD
        151574.66000000
        0.227629045124
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-10-01
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INTELSAT JACKSO 9.75% 07/15/25
        N/A
        INTELSAT JACKSON HLDG REGD 144A P/P 0.00000000
        45824TAY1
        
          
        
        295000.00000000
        NS
        USD
        147572.31000000
        0.221618468496
        Long
        DBT
        CORP
        LU
        Y
        
        2
        
          2025-07-15
          Fixed
          0.00000000
          Y
          N
          N
        
        
          N
          N
          N
        
      
      
        SUPERIOR PLUS/GE 4.5% 03/15/29
        N/A
        SUPERIOR PLUS/GEN PRTNR REGD 144A P/P 4.50000000
        86828LAC6
        
          
        
        75000.00000000
        NS
        USD
        76402.90000000
        0.114738962117
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2029-03-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITED STATES  6.875% 03/01/29
        JNLUVFYJT1OZSIQ24U47
        UNITED STATES STEEL CORP REGD 6.87500000
        912909AU2
        
          
        
        115000.00000000
        NS
        USD
        120485.26000000
        0.180940169585
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-03-01
          Fixed
          6.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SALLY HOLDINGS/ 8.75% 04/30/25
        N/A
        SALLY HOLDINGS/SALLY CAP REGD 144A P/P 8.75000000
        79546VAM8
        
          
        
        175000.00000000
        NS
        USD
        187207.35000000
        0.281140860357
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-04-30
          Fixed
          8.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        POST HOLDINGS  4.625% 04/15/30
        JM1I5YUAURL6DC8N1468
        POST HOLDINGS INC REGD 144A P/P 4.62500000
        737446AQ7
        
          
        
        200000.00000000
        NS
        USD
        198265.30000000
        0.297747268047
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-04-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ONEMAIN FINANCE CO 4% 09/15/30
        N/A
        ONEMAIN FINANCE CORP REGD 4.00000000
        682691AA8
        
          
        
        125000.00000000
        NS
        USD
        120508.61000000
        0.180975235725
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-09-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TPC GROUP INC 10.875% 08/01/24
        549300K276KVW5JD1583
        TPC GROUP INC REGD 144A P/P 10.87500000
        89236YAC8
        
          
        
        45588.00000000
        NS
        USD
        48973.47000000
        0.073546489977
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-08-01
          Fixed
          10.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MGM RESORTS INT 6.75% 05/01/25
        54930066VBP7DZEGGJ87
        MGM RESORTS INTL REGD 6.75000000
        552953CG4
        
          
        
        25000.00000000
        NS
        USD
        26074.30000000
        0.039157389574
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-05-01
          Fixed
          6.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SPRINT CORP 7.625% 03/01/26
        N/A
        SPRINT CORP REGD 7.62500000
        85207UAK1
        
          
        
        75000.00000000
        NS
        USD
        88589.14000000
        0.133039792710
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-03-01
          Fixed
          7.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SHEA HOMES LP/F 4.75% 04/01/29
        N/A
        SHEA HOMES LP/FNDG CP REGD 144A P/P 4.75000000
        82088KAG3
        
          
        
        50000.00000000
        NS
        USD
        49751.83000000
        0.074715401347
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-01
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CDW LLC/CDW FIN 3.25% 02/15/29
        N/A
        CDW LLC/CDW FINANCE REGD 3.25000000
        12513GBF5
        
          
        
        75000.00000000
        NS
        USD
        74907.77000000
        0.112493632890
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-02-15
          Fixed
          3.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITED RENTALS  5.25% 01/15/30
        N/A
        UNITED RENTALS NORTH AM REGD 5.25000000
        911365BL7
        
          
        
        100000.00000000
        NS
        USD
        107923.39000000
        0.162075232181
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-01-15
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SUNOCO LP/FINA 5.875% 03/15/28
        N/A
        SUNOCO LP/FINANCE CORP REGD SER WI 5.87500000
        86765LAN7
        
          
        
        100000.00000000
        NS
        USD
        104366.83000000
        0.156734125978
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-03-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALLIED UNIVERS 6.625% 07/15/26
        N/A
        ALLIED UNIVERSAL REGD 144A P/P 6.62500000
        019576AA5
        
          
        
        110000.00000000
        NS
        USD
        113165.33000000
        0.169947377807
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-07-15
          Fixed
          6.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VALVOLINE INC 3.625% 06/15/31
        549300CMHPBEY6VPOT75
        VALVOLINE INC REGD 144A P/P 3.62500000
        92047WAG6
        
          
        
        100000.00000000
        NS
        USD
        96015.99000000
        0.144193152868
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-06-15
          Fixed
          3.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BAUSCH HEALTH C 6.25% 02/15/29
        B3BS7ACMDUWISF18KY76
        BAUSCH HEALTH COS INC REGD 144A P/P 6.25000000
        071734AK3
        
          
        
        565000.00000000
        NS
        USD
        512754.89000000
        0.770035743398
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2029-02-15
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ARTERA SERVICE 9.033% 12/04/25
        N/A
        ARTERA SERVICES LLC REGD 144A P/P 9.03300000
        73939VAA2
        
          
        
        50000.00000000
        NS
        USD
        50254.13000000
        0.075469736336
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-12-04
          Fixed
          9.03300000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PG&E CORP 5.25% 07/01/30
        8YQ2GSDWYZXO2EDN3511
        PG&E CORP REGD 5.25000000
        69331CAJ7
        
          
        
        220000.00000000
        NS
        USD
        226449.99000000
        0.340073960859
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-07-01
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GRAFTECH FINAN 4.625% 12/15/28
        N/A
        GRAFTECH FINANCE INC REGD 144A P/P 4.62500000
        384311AA4
        
          
        
        90000.00000000
        NS
        USD
        90529.36000000
        0.135953541129
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-12-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SUNOCO LP/FINANC 4.5% 05/15/29
        N/A
        SUNOCO LP/FINANCE CORP REGD SER WI 4.50000000
        86765LAT4
        
          
        
        75000.00000000
        NS
        USD
        74040.92000000
        0.111191830611
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-05-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SUNOCO LP/FINANC 4.5% 04/30/30
        N/A
        SUNOCO LP/FINANCE CORP REGD 144A P/P 4.50000000
        86765LAU1
        
          
        
        75000.00000000
        NS
        USD
        74213.85000000
        0.111451530291
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-04-30
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WILLIAM CARTER 5.625% 03/15/27
        N/A
        WILLIAM CARTER REGD 144A P/P 5.62500000
        96926JAC1
        
          
        
        100000.00000000
        NS
        USD
        103245.87000000
        0.155050710990
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-03-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALTICE FRANCE  8.125% 02/01/27
        N/A
        ALTICE FRANCE SA REGD 144A P/P 8.12500000
        02156LAA9
        
          
        
        200000.00000000
        NS
        USD
        213416.24000000
        0.320500372062
        Long
        DBT
        CORP
        FR
        Y
        
        2
        
          2027-02-01
          Fixed
          8.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LABL INC 8.25% 11/01/29
        N/A
        LABL INC REGD 144A P/P 8.25000000
        50168QAD7
        
          
        
        50000.00000000
        NS
        USD
        47746.03000000
        0.071703167385
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-11-01
          Fixed
          8.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERIGAS PART/FI 5.5% 05/20/25
        N/A
        AMERIGAS PART/FIN CORP REGD 5.50000000
        030981AK0
        
          
        
        150000.00000000
        NS
        USD
        160249.15000000
        0.240656063463
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-05-20
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VISTRA CORP 5% 07/31/27
        N/A
        VISTRA CORP REGD 144A P/P 5.00000000
        92840VAF9
        
          
        
        90000.00000000
        NS
        USD
        91133.89000000
        0.136861401233
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-07-31
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANTERO MIDSTREA 5.75% 03/01/27
        N/A
        ANTERO MIDSTREAM PART/FI REGD 144A P/P 5.75000000
        03690AAD8
        
          
        
        125000.00000000
        NS
        USD
        125838.68000000
        0.188979731625
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-03-01
          Fixed
          5.75000000
          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
        
          
        
        600000.00000000
        NS
        USD
        598801.23000000
        0.899256856021
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-05-01
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ADAPTHEALTH LL 6.125% 08/01/28
        N/A
        ADAPTHEALTH LLC REGD 144A P/P 6.12500000
        00653VAA9
        
          
        
        45000.00000000
        NS
        USD
        47542.46000000
        0.071397453721
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-08-01
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIGICEL GROUP HOL 10% 04/01/24
        N/A
        DIGICEL GROUP HOLDINGS REGD 10.00000000
        25381YAD3
        
          
        
        51909.00000000
        NS
        USD
        51915.98000000
        0.077965439302
        Long
        DBT
        CORP
        BM
        
        N
        
        2
        
          2024-04-01
          Fixed
          10.00000000
          N
          N
          Y
        
        
          N
          N
          N
        
      
      
        DIVERSIFIED HEA 9.75% 06/15/25
        N/A
        DIVERSIFIED HEALTHCARE T REGD 9.75000000
        25525PAA5
        
          
        
        175000.00000000
        NS
        USD
        188964.44000000
        0.283779591124
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-06-15
          Fixed
          9.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TENET HEALTHCAR 4.25% 06/01/29
        0W9AIBT6U6ADJ2I8HK17
        TENET HEALTHCARE CORP REGD 144A P/P 4.25000000
        88033GDL1
        
          
        
        150000.00000000
        NS
        USD
        148500.50000000
        0.223012388848
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-06-01
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TPC GRP INC WT EX 12/31/2049
        N/A
        TPC GRP INC CONTRACTUAL RIGHTS  EQUITY WARRANTS EXP 12/31/2049 0.00000000
        N/A
        
          
        
        129605.00000000
        NS
        USD
        609.14000000
        0.000914783226
        N/A
        DE
        CORP
        US
        N
        
        3
        
          
            
              N/A
              N/A
            
            Call
            Purchased
            
              
                TPC GRP INC
                TPC GRP INC
                
                  
                
              
            
            129605.00000000
            USD
            0.00000000
            USD
            2049-12-31
            XXXX
            609.14000000
          
        
        
          N
          N
          N
        
      
      
        GFL ENVIRONMENTAL  4% 08/01/28
        549300FYK4MBXWIVZU26
        GFL ENVIRONMENTAL INC REGD 144A P/P 4.00000000
        36168QAL8
        
          
        
        25000.00000000
        NS
        USD
        24202.16000000
        0.036345881104
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2028-08-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PATRICK INDUSTR 4.75% 05/01/29
        549300FZ5ZTCCJ3Z5W14
        PATRICK INDUSTRIES INC REGD 144A P/P 4.75000000
        703343AD5
        
          
        
        75000.00000000
        NS
        USD
        73342.24000000
        0.110142579626
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-01
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VIAVI SOLUTIONS 3.75% 10/01/29
        5493006K3E3N1QOBF092
        VIAVI SOLUTIONS INC REGD 144A P/P 3.75000000
        925550AF2
        
          
        
        25000.00000000
        NS
        USD
        24436.62000000
        0.036697984192
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-10-01
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PREMIER ENTERT 5.625% 09/01/29
        N/A
        PREMIER ENTERTAINMENT SU REGD 144A P/P 5.62500000
        74052HAA2
        
          
        
        50000.00000000
        NS
        USD
        49942.24000000
        0.075001351825
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-09-01
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CENTRAL GARDEN 4.125% 04/30/31
        5493004DVZLD37DJ0H83
        CENTRAL GARDEN & PET CO REGD 144A P/P 4.12500000
        153527AP1
        
          
        
        25000.00000000
        NS
        USD
        25062.50000000
        0.037637906912
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-04-30
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BAUSCH HEALTH AM 8.5% 01/31/27
        N/A
        BAUSCH HEALTH AMERICAS REGD P/P 8.50000000
        91911XAW4
        
          
        
        400000.00000000
        NS
        USD
        412561.54000000
        0.619569190556
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-01-31
          Fixed
          8.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FERRELLGAS PARTNERS LP-B
        529900YP52A6C5K57L34
        FERRELLGAS PARTNERS LP-B 0.00000000
        315293308
        
          
        
        728.00000000
        NS
        USD
        178724.00000000
        0.268400888781
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LIFEPOINT HEAL 5.375% 01/15/29
        N/A
        LIFEPOINT HEALTH INC REGD 144A P/P 5.37500000
        53219LAU3
        
          
        
        50000.00000000
        NS
        USD
        48305.41000000
        0.072543222941
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-01-15
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HEXION INC 7.875% 07/15/27
        N/A
        HEXION INC REGD 144A P/P 7.87500000
        42829LAF1
        
          
        
        125000.00000000
        NS
        USD
        132424.55000000
        0.198870140084
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-07-15
          Fixed
          7.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NATIONAL CINEME 5.75% 08/15/26
        7LJEQIVQVLNGS4X6T547
        NATIONAL CINEMEDIA LLC REGD SER WI 5.75000000
        63530QAH2
        
          
        
        25000.00000000
        NS
        USD
        19551.03000000
        0.029360991409
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-08-15
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ZAYO GROUP HOL 6.125% 03/01/28
        529900Z6OTS7RT0V0I47
        ZAYO GROUP HOLDINGS INC REGD 144A P/P 6.12500000
        98919VAB1
        
          
        
        135000.00000000
        NS
        USD
        126749.17000000
        0.190347070792
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-03-01
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALLISON TRANSMI 3.75% 01/30/31
        N/A
        ALLISON TRANSMISSION INC REGD 144A P/P 3.75000000
        019736AG2
        
          
        
        25000.00000000
        NS
        USD
        23920.72000000
        0.035923225242
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-01-30
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREYSTAR REAL E 5.75% 12/01/25
        254900HGC806SXAS4M46
        GREYSTAR REAL ESTATE PAR REGD 144A P/P 5.75000000
        39807UAB2
        
          
        
        225000.00000000
        NS
        USD
        228668.62000000
        0.343405814800
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-12-01
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PREMIER ENTERT 5.875% 09/01/31
        N/A
        PREMIER ENTERTAINMENT SU REGD 144A P/P 5.87500000
        74052HAB0
        
          
        
        125000.00000000
        NS
        USD
        125388.34000000
        0.188303428184
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-09-01
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CATALENT PHARM 3.125% 02/15/29
        N/A
        CATALENT PHARMA SOLUTION REGD 144A P/P 3.12500000
        14879EAH1
        
          
        
        25000.00000000
        NS
        USD
        23823.59000000
        0.035777359112
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-15
          Fixed
          3.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OCCIDENTAL PET 6.625% 09/01/30
        IM7X0T3ECJW4C1T7ON55
        OCCIDENTAL PETROLEUM COR REGD 6.62500000
        674599ED3
        
          
        
        50000.00000000
        NS
        USD
        59973.18000000
        0.090065435056
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-09-01
          Fixed
          6.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CCO HLDGS LLC/C 4.75% 03/01/30
        N/A
        CCO HLDGS LLC/CAP CORP REGD 144A P/P 4.75000000
        1248EPCD3
        
          
        
        150000.00000000
        NS
        USD
        153813.77000000
        0.230991655148
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-03-01
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENDO LUX FIN C 6.125% 04/01/29
        N/A
        ENDO LUX FIN CO I SARL REGD 144A P/P 6.12500000
        29280BAA3
        
          
        
        25000.00000000
        NS
        USD
        24473.13000000
        0.036752813518
        Long
        DBT
        CORP
        LU
        
        Y
        
        2
        
          2029-04-01
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LFS TOPCO LLC 5.875% 10/15/26
        N/A
        LFS TOPCO LLC REGD 144A P/P 5.87500000
        50203TAA4
        
          
        
        75000.00000000
        NS
        USD
        77589.98000000
        0.116521673600
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-10-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMN HEALTHCARE 4.625% 10/01/27
        N/A
        AMN HEALTHCARE INC REGD 144A P/P 4.62500000
        00175PAB9
        
          
        
        25000.00000000
        NS
        USD
        25697.93000000
        0.038592171459
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-10-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PM GENERAL PURCH 9.5% 10/01/28
        N/A
        PM GENERAL PURCHASER LLC REGD 144A P/P 9.50000000
        69356MAA4
        
          
        
        175000.00000000
        NS
        USD
        179289.46000000
        0.269250075049
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-10-01
          Fixed
          9.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NRG ENERGY INC 3.375% 02/15/29
        5E2UPK5SW04M13XY7I38
        NRG ENERGY INC REGD 144A P/P 3.37500000
        629377CQ3
        
          
        
        75000.00000000
        NS
        USD
        72435.36000000
        0.108780661820
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-15
          Fixed
          3.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BLACK KNIGHT I 3.625% 09/01/28
        N/A
        BLACK KNIGHT INFOSERV LL REGD 144A P/P 3.62500000
        092174AA9
        
          
        
        200000.00000000
        NS
        USD
        195895.67000000
        0.294188648063
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-09-01
          Fixed
          3.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        B&G FOODS INC 5.25% 04/01/25
        549300TRW1LZMDJZAQ78
        B&G FOODS INC REGD 5.25000000
        05508RAE6
        
          
        
        175000.00000000
        NS
        USD
        177757.39000000
        0.266949270738
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-04-01
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FOUNDATION BUILDIN 6% 03/01/29
        N/A
        FOUNDATION BUILDING M REGD 144A P/P 6.00000000
        350392AA4
        
          
        
        100000.00000000
        NS
        USD
        95703.67000000
        0.143724122600
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-03-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VISTRA OPERATI 4.375% 05/01/29
        N/A
        VISTRA OPERATIONS CO LLC REGD 144A P/P 4.37500000
        92840VAH5
        
          
        
        150000.00000000
        NS
        USD
        147198.65000000
        0.221057320155
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-01
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISH DBS CORP 7.75% 07/01/26
        N/A
        DISH DBS CORP REGD SER WI 7.75000000
        25470XAY1
        
          
        
        309000.00000000
        NS
        USD
        317547.29000000
        0.476880412626
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-07-01
          Fixed
          7.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIGICEL LTD 6.75% 03/01/23
        N/A
        DIGICEL LTD REGD P/P 6.75000000
        25380QAH2
        
          
        
        325000.00000000
        NS
        USD
        311449.00000000
        0.467722233220
        Long
        DBT
        CORP
        BM
        
        Y
        
        2
        
          2023-03-01
          Fixed
          6.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US 10YR NOTE (CBT)MAR22
        N/A
        FUTURE CONTRACT ON           US 10YR NOTE (CBT)MAR22 0.00000000
        N/A
        
          
        
        23.00000000
        NC
        USD
        3008687.50000000
        4.518332171762
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              CITIGROUP GLOBAL MARKETS INC
              MBNUM2BPBDO7JBLYG310
            
            Long
            
              
                F/C US 10YR NOTE (CBT)MAR22
                US 10YR NOTE (CBT)MAR22
                
                  
                
              
            
            2022-03-22
            2977042.18000000
            USD
            31645.32000000
          
        
        
          N
          N
          N
        
      
      
        ATLAS LUXCO 4  4.625% 06/01/28
        N/A
        ATLAS LUXCO 4 / ALL UNI REGD 144A P/P 4.62500000
        049362AA4
        
          
        
        400000.00000000
        NS
        USD
        386707.60000000
        0.580742729228
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2028-06-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L XPLORNET COMMUN 0% 9/30/29
        N/A
        T/L XPLORNET COMMUNICATIONS    INC REGD 0.00000000
        N/A
        
          
        
        40000.00000000
        NS
        USD
        39900.00000000
        0.059920298686
        Long
        LON
        CORP
        CA
        N
        
        2
        
          2029-09-30
          Variable
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L WEST CORPORATI 0% 10/10/24
        N/A
        T/L WEST CORPORATION REGD 0.00000000
        68162RAC5
        
          
        
        265010.73000000
        NS
        USD
        251760.19000000
        0.378083854187
        Long
        LON
        CORP
        US
        N
        
        2
        
          2024-10-10
          Variable
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LABL INC 5.875% 11/01/28
        N/A
        LABL INC REGD 144A P/P 5.87500000
        50168QAC9
        
          
        
        50000.00000000
        NS
        USD
        49449.33000000
        0.074261118381
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-11-01
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HILCORP ENERGY  5.75% 02/01/29
        N/A
        HILCORP ENERGY I/HILCORP REGD 144A P/P 5.75000000
        431318AU8
        
          
        
        25000.00000000
        NS
        USD
        24598.32000000
        0.036940819087
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-01
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TENET HEALTHCA 4.375% 01/15/30
        0W9AIBT6U6ADJ2I8HK17
        TENET HEALTHCARE CORP REGD 144A P/P 4.37500000
        88033GDN7
        
          
        
        100000.00000000
        NS
        USD
        99645.40000000
        0.149643662423
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-01-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENERGY TRANSFER LP V/R /PERP/
        MTLVN9N7JE8MIBIJ1H73
        ENERGY TRANSFER LP REGD V/R /PERP/ SER G 7.12500000
        29273VAM2
        
          
        
        50000.00000000
        NS
        USD
        51172.60000000
        0.076849059562
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2170-05-15
          Variable
          7.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIFRAX ESCROW  5.25% 09/30/28
        N/A
        UNIFRAX ESCROW ISS CORP REGD 144A P/P 5.25000000
        90473LAA0
        
          
        
        50000.00000000
        NS
        USD
        49166.92000000
        0.073837005811
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-09-30
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ORGANON & CO/O 5.125% 04/30/31
        N/A
        ORGANON & CO/ORG REGD 144A P/P 5.12500000
        68622TAB7
        
          
        
        200000.00000000
        NS
        USD
        204134.71000000
        0.306561724195
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-04-30
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        POST HOLDINGS IN 4.5% 09/15/31
        JM1I5YUAURL6DC8N1468
        POST HOLDINGS INC REGD 144A P/P 4.50000000
        737446AR5
        
          
        
        225000.00000000
        NS
        USD
        217389.72000000
        0.326467592824
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-09-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INTELLIGENT PACKAG 6% 09/15/28
        N/A
        INTELLIGENT PACKAGING REGD 144A P/P 6.00000000
        45827MAA5
        
          
        
        75000.00000000
        NS
        USD
        76014.50000000
        0.114155677806
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2028-09-15
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HECLA MINING CO 7.25% 02/15/28
        5493009Y6HOBZD1QD537
        HECLA MINING CO REGD 7.25000000
        422704AH9
        
          
        
        75000.00000000
        NS
        USD
        80527.57000000
        0.120933234257
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-02-15
          Fixed
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CCO HLDGS LLC/CAP  5% 02/01/28
        N/A
        CCO HLDGS LLC/CAP CORP REGD 144A P/P 5.00000000
        1248EPBX0
        
          
        
        50000.00000000
        NS
        USD
        51477.10000000
        0.077306346052
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-02-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        1011778 BC / NEW R 4% 10/15/30
        N/A
        1011778 BC / NEW RED FIN REGD 144A P/P 4.00000000
        68245XAM1
        
          
        
        275000.00000000
        NS
        USD
        262990.54000000
        0.394949165624
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2030-10-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ONEMAIN FINANC 3.875% 09/15/28
        N/A
        ONEMAIN FINANCE CORP REGD 3.87500000
        682691AC4
        
          
        
        50000.00000000
        NS
        USD
        48130.71000000
        0.072280865142
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-09-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHESAPEAKE ENERG 5.5% 02/01/26
        X2MT1W32SPAZ9WSKLE78
        CHESAPEAKE ENERGY CORP REGD 144A P/P 5.50000000
        165167DF1
        
          
        
        25000.00000000
        NS
        USD
        25948.07000000
        0.038967822173
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-02-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CCO HLDGS LLC/CA 4.5% 06/01/33
        N/A
        CCO HLDGS LLC/CAP CORP REGD 144A P/P 4.50000000
        1248EPCL5
        
          
        
        175000.00000000
        NS
        USD
        172450.91000000
        0.258980201401
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2033-06-01
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TOPBUILD CORP 3.625% 03/15/29
        5493007YSKHOL4RWII46
        TOPBUILD CORP REGD 144A P/P 3.62500000
        89055FAB9
        
          
        
        75000.00000000
        NS
        USD
        74705.29000000
        0.112189556146
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-03-15
          Fixed
          3.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ATHABASCA OIL C 9.75% 11/01/26
        549300STK2KBVO6WED71
        ATHABASCA OIL CORP REGD 144A P/P 9.75000000
        04682RAE7
        
          
        
        200000.00000000
        NS
        USD
        198427.41000000
        0.297990718664
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2026-11-01
          Fixed
          9.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIFRAX ESCROW I 7.5% 09/30/29
        N/A
        UNIFRAX ESCROW ISS CORP REGD 144A P/P 7.50000000
        90473LAC6
        
          
        
        25000.00000000
        NS
        USD
        24418.30000000
        0.036670471914
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-09-30
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SCOTTS MIRACLE-GRO 4% 04/01/31
        2TH9E0JTOUXOEGI2R879
        SCOTTS MIRACLE-GRO CO REGD 144A P/P 4.00000000
        810186AT3
        
          
        
        75000.00000000
        NS
        USD
        72976.07000000
        0.109592679482
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-04-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        REGIONALCARE/LI 9.75% 12/01/26
        N/A
        REGIONALCARE/LIFEPOINT REGD 144A P/P 9.75000000
        53219LAR0
        
          
        
        300000.00000000
        NS
        USD
        314587.85000000
        0.472436038472
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-12-01
          Fixed
          9.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WESTERN MIDSTREA 5.3% 02/01/30
        N/A
        WESTERN MIDSTREAM OPERAT REGD 5.30000000
        958667AC1
        
          
        
        25000.00000000
        NS
        USD
        26924.78000000
        0.040434608011
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-02-01
          Variable
          5.30000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SRM ESCROW ISSUER  6% 11/01/28
        N/A
        SRM ESCROW ISSUER LLC REGD 144A P/P 6.00000000
        85236FAA1
        
          
        
        250000.00000000
        NS
        USD
        260299.34000000
        0.390907624075
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-11-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HILTON DOMESTIC OP 4% 05/01/31
        N/A
        HILTON DOMESTIC OPERATIN REGD 144A P/P 4.00000000
        432833AL5
        
          
        
        150000.00000000
        NS
        USD
        150378.17000000
        0.225832202062
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-05-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ILIAD HOLDING SAS 7% 10/15/28
        9695009PXA7OI9NXN582
        ILIAD HOLDING SAS REGD 144A P/P 7.00000000
        449691AC8
        
          
        
        200000.00000000
        NS
        USD
        204782.67000000
        0.307534805818
        Long
        DBT
        CORP
        FR
        Y
        
        2
        
          2028-10-15
          Fixed
          7.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LPL HOLDINGS I 4.375% 05/15/31
        N/A
        LPL HOLDINGS INC REGD 144A P/P 4.37500000
        50212YAF1
        
          
        
        50000.00000000
        NS
        USD
        50394.86000000
        0.075681079284
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-05-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INTERNATIONAL G 5.25% 01/15/29
        N/A
        INTERNATIONAL GAME TECH REGD 144A P/P 5.25000000
        460599AE3
        
          
        
        225000.00000000
        NS
        USD
        233982.60000000
        0.351386147352
        Long
        DBT
        CORP
        GB
        
        Y
        
        2
        
          2029-01-15
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENERGIZER HOLD 4.375% 03/31/29
        5493000D6NN0V57UME20
        ENERGIZER HOLDINGS INC REGD 144A P/P 4.37500000
        29272WAD1
        
          
        
        50000.00000000
        NS
        USD
        47460.82000000
        0.071274849881
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-03-31
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PENN NATIONAL  5.625% 01/15/27
        N/A
        PENN NATIONAL GAMING INC REGD 144A P/P 5.62500000
        707569AS8
        
          
        
        175000.00000000
        NS
        USD
        179562.35000000
        0.269659890846
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-01-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ACCO BRANDS COR 4.25% 03/15/29
        JCT8P4Y190IH4I1NX328
        ACCO BRANDS CORP REGD 144A P/P 4.25000000
        00081TAK4
        
          
        
        150000.00000000
        NS
        USD
        146887.11000000
        0.220589461261
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-03-15
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SPIRIT AEROSYSTE 7.5% 04/15/25
        N/A
        SPIRIT AEROSYSTEMS INC REGD 144A P/P 7.50000000
        85205TAL4
        
          
        
        125000.00000000
        NS
        USD
        130774.06000000
        0.196391497132
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-04-15
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VENATOR FIN SARL 9.5% 07/01/25
        N/A
        VENATOR FIN SARL/VENATOR REGD 144A P/P 9.50000000
        9226ALAA2
        
          
        
        25000.00000000
        NS
        USD
        27301.99000000
        0.041001087607
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2025-07-01
          Fixed
          9.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EQM MIDSTREAM PA 6.5% 07/01/27
        N/A
        EQM MIDSTREAM PARTNERS L REGD 144A P/P 6.50000000
        26885BAH3
        
          
        
        70000.00000000
        NS
        USD
        75621.46000000
        0.113565425320
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-07-01
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LAMB WESTON HL 4.125% 01/31/30
        5493005SMYID1D2OY946
        LAMB WESTON HLD REGD 144A P/P 4.12500000
        513272AD6
        
          
        
        75000.00000000
        NS
        USD
        74809.96000000
        0.112346745561
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-01-31
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISH DBS CORP 7.375% 07/01/28
        N/A
        DISH DBS CORP REGD 7.37500000
        25470XBB0
        
          
        
        125000.00000000
        NS
        USD
        122343.80000000
        0.183731254095
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-07-01
          Fixed
          7.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CSC HOLDINGS LL 5.75% 01/15/30
        N/A
        CSC HOLDINGS LLC REGD 144A P/P 5.75000000
        126307BA4
        
          
        
        200000.00000000
        NS
        USD
        196075.69000000
        0.294458995235
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-01-15
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TENNECO INC 5.125% 04/15/29
        549300U0EXXFAQFAD785
        TENNECO INC REGD 144A P/P 5.12500000
        880349AT2
        
          
        
        150000.00000000
        NS
        USD
        144645.86000000
        0.217223637466
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KRONOS ACQ  / KIK  7% 12/31/27
        N/A
        KRONOS ACQ  / KIK CUSTOM REGD 144A P/P 7.00000000
        50106GAF9
        
          
        
        125000.00000000
        NS
        USD
        119122.76000000
        0.178894019035
        Long
        DBT
        CORP
        US
        
        Y
        
        2
        
          2027-12-31
          Fixed
          7.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CCO HLDGS LLC/C 4.25% 02/01/31
        N/A
        CCO HLDGS LLC/CAP CORP REGD 144A P/P 4.25000000
        1248EPCK7
        
          
        
        650000.00000000
        NS
        USD
        641379.50000000
        0.963199278475
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-02-01
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L ASCENT RESO 0% 11/01/25
        N/A
        T/L ASCENT RESOURCES UTICA     HOLDINGS LLC REGD 0.00000000
        N/A
        
          
        
        118000.00000000
        NS
        USD
        128325.00000000
        0.192713592203
        Long
        LON
        CORP
        US
        N
        
        2
        
          2025-11-01
          Variable
          10.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENDEAVOR ENERGY 5.75% 01/30/28
        N/A
        ENDEAVOR ENERGY RESOURCE REGD 144A P/P 5.75000000
        29260FAE0
        
          
        
        225000.00000000
        NS
        USD
        234121.65000000
        0.351594967340
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-01-30
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CNX MIDSTREAM P 4.75% 04/15/30
        N/A
        CNX MIDSTREAM PART LP REGD 144A P/P 4.75000000
        12654AAA9
        
          
        
        25000.00000000
        NS
        USD
        24754.19000000
        0.037174898710
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-04-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ARD FINANCE SA 6.5% 06/30/27
        N/A
        ARD FINANCE SA REGD 144A P/P 6.50000000
        00191AAD8
        
          
        
        200000.00000000
        NS
        USD
        205002.47000000
        0.307864893077
        Long
        DBT
        CORP
        LU
        Y
        
        2
        
          2027-06-30
          Fixed
          6.50000000
          N
          N
          Y
        
        
          N
          N
          N
        
      
      
        VENATOR FIN SAR 5.75% 07/15/25
        N/A
        VENATOR FIN SARL/VENATOR REGD 144A P/P 5.75000000
        9226APAA3
        
          
        
        200000.00000000
        NS
        USD
        185990.27000000
        0.279313096018
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2025-07-15
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TRANSOCEAN INC 7.25% 11/01/25
        N/A
        TRANSOCEAN INC REGD 144A P/P 7.25000000
        893830BK4
        
          
        
        85000.00000000
        NS
        USD
        62213.81000000
        0.093430327759
        Long
        DBT
        CORP
        KY
        
        Y
        
        2
        
          2025-11-01
          Fixed
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VINE ENERGY HOL 6.75% 04/15/29
        N/A
        VINE ENERGY HOLDINGS LLC REGD 144A P/P 6.75000000
        92735LAA0
        
          
        
        100000.00000000
        NS
        USD
        106512.16000000
        0.159955900774
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          6.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TEREX CORP 5% 05/15/29
        YAWJZJYEQ7M1SYMOS462
        TEREX CORP REGD 144A P/P 5.00000000
        880779BA0
        
          
        
        50000.00000000
        NS
        USD
        50938.64000000
        0.076497707355
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITED AIRLINE 4.375% 04/15/26
        N/A
        UNITED AIRLINES INC REGD 144A P/P 4.37500000
        90932LAG2
        
          
        
        73000.00000000
        NS
        USD
        73303.32000000
        0.110084131054
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-04-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FIVE POINT OP  7.875% 11/15/25
        N/A
        FIVE POINT OP CO LP/FIVE REGD 144A P/P 7.87500000
        33834YAA6
        
          
        
        252000.00000000
        NS
        USD
        261507.05000000
        0.392721316905
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-11-15
          Fixed
          7.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OCCIDENTAL PET 6.125% 01/01/31
        IM7X0T3ECJW4C1T7ON55
        OCCIDENTAL PETROLEUM COR REGD 6.12500000
        674599EF8
        
          
        
        25000.00000000
        NS
        USD
        29174.80000000
        0.043813602258
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-01-01
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMBIENCE MERGE 7.125% 07/15/29
        N/A
        AMBIENCE MERGER REGD 144A P/P 7.12500000
        04650YAB6
        
          
        
        125000.00000000
        NS
        USD
        121323.20000000
        0.182198555928
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-07-15
          Fixed
          7.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ROCKIES EXPRESS  7.5% 07/15/38
        N/A
        ROCKIES EXPRESS PIPELINE REGD P/P 7.50000000
        77340RAD9
        
          
        
        125000.00000000
        NS
        USD
        140617.22000000
        0.211173579519
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2038-07-15
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TENET HEALTHCA 6.875% 11/15/31
        0W9AIBT6U6ADJ2I8HK17
        TENET HEALTHCARE CORP REGD 6.87500000
        88033GAV2
        
          
        
        200000.00000000
        NS
        USD
        229501.31000000
        0.344656316893
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-11-15
          Fixed
          6.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RHP HOTEL PPTY/R 4.5% 02/15/29
        N/A
        RHP HOTEL PPTY/RHP FINAN REGD 144A P/P 4.50000000
        749571AG0
        
          
        
        25000.00000000
        NS
        USD
        24347.41000000
        0.036564012015
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ONEMAIN FINANC 7.125% 03/15/26
        N/A
        ONEMAIN FINANCE CORP REGD 7.12500000
        85172FAN9
        
          
        
        250000.00000000
        NS
        USD
        281099.29000000
        0.422144195921
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-03-15
          Fixed
          7.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NRG ENERGY INC 6.625% 01/15/27
        5E2UPK5SW04M13XY7I38
        NRG ENERGY INC REGD SER WI 6.62500000
        629377CC4
        
          
        
        30000.00000000
        NS
        USD
        31016.07000000
        0.046578751340
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-01-15
          Fixed
          6.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OCCIDENTAL PETRO 4.1% 02/15/47
        IM7X0T3ECJW4C1T7ON55
        OCCIDENTAL PETROLEUM COR REGD 4.10000000
        674599CL7
        
          
        
        25000.00000000
        NS
        USD
        23874.41000000
        0.035853678650
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2047-02-15
          Fixed
          4.10000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANTERO RESOURC 8.375% 07/15/26
        APVBKPOULHUX7YZLKU17
        ANTERO RESOURCES CORP REGD 144A P/P 8.37500000
        03674XAN6
        
          
        
        81000.00000000
        NS
        USD
        89792.27000000
        0.134846607471
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-07-15
          Fixed
          8.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VERSCEND ESCROW 9.75% 08/15/26
        N/A
        VERSCEND ESCROW CORP REGD 144A P/P 9.75000000
        92535WAA8
        
          
        
        515000.00000000
        NS
        USD
        541733.57000000
        0.813554820118
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-08-15
          Fixed
          9.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VIKING CRUISES 5.875% 09/15/27
        N/A
        VIKING CRUISES LTD REGD 144A P/P 5.87500000
        92676XAD9
        
          
        
        25000.00000000
        NS
        USD
        23257.36000000
        0.034927016487
        Long
        DBT
        CORP
        BM
        
        Y
        
        2
        
          2027-09-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GRAY TELEVISIO 5.875% 07/15/26
        529900TM5726KDN7UU35
        GRAY TELEVISION INC REGD 144A P/P 5.87500000
        389375AJ5
        
          
        
        100000.00000000
        NS
        USD
        102991.20000000
        0.154668257294
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-07-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENDEAVOR ENERG 6.625% 07/15/25
        N/A
        ENDEAVOR ENERGY RESOURCE REGD 144A P/P 6.62500000
        29260FAF7
        
          
        
        35000.00000000
        NS
        USD
        36783.95000000
        0.055240733605
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-07-15
          Fixed
          6.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BAUSCH HEALTH C 7.25% 05/30/29
        B3BS7ACMDUWISF18KY76
        BAUSCH HEALTH COS INC REGD P/P 7.25000000
        071734AF4
        
          
        
        100000.00000000
        NS
        USD
        93959.94000000
        0.141105455371
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2029-05-30
          Fixed
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BEAZER HOMES U 5.875% 10/15/27
        549300DUPYT2T0F60I45
        BEAZER HOMES USA REGD SER WI 5.87500000
        07556QBR5
        
          
        
        25000.00000000
        NS
        USD
        26116.98000000
        0.039221484771
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-10-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALLIED UNIVERSAL 6% 06/01/29
        N/A
        ALLIED UNIVERSAL REGD 144A P/P 6.00000000
        019576AC1
        
          
        
        400000.00000000
        NS
        USD
        380086.05000000
        0.570798737905
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-06-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TRI POINTE HOMES 5.7% 06/15/28
        N/A
        TRI POINTE HOMES INC REGD 5.70000000
        87265HAG4
        
          
        
        15000.00000000
        NS
        USD
        16209.03000000
        0.024342103233
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-06-15
          Fixed
          5.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEXSTAR MEDIA I 4.75% 11/01/28
        N/A
        NEXSTAR MEDIA INC REGD 144A P/P 4.75000000
        65336YAN3
        
          
        
        50000.00000000
        NS
        USD
        49957.45000000
        0.075024193624
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-11-01
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SCRIPPS ESCROW 5.875% 07/15/27
        N/A
        SCRIPPS ESCROW INC REGD 144A P/P 5.87500000
        81104PAA7
        
          
        
        20000.00000000
        NS
        USD
        20401.07000000
        0.030637549070
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-07-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SCRIPPS ESCROW 3.875% 01/15/29
        N/A
        SCRIPPS ESCROW II INC REGD 144A P/P 3.87500000
        81105DAA3
        
          
        
        25000.00000000
        NS
        USD
        24855.29000000
        0.037326726835
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-01-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TAYLOR MORRISO 5.125% 08/01/30
        N/A
        TAYLOR MORRISON COMM REGD 144A P/P 5.12500000
        87724RAJ1
        
          
        
        435000.00000000
        NS
        USD
        466669.48000000
        0.700826431812
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-08-01
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GRIFFON CORPORA 5.75% 03/01/28
        5493000C2SGNC7ZN3242
        GRIFFON CORPORATION REGD 5.75000000
        398433AP7
        
          
        
        175000.00000000
        NS
        USD
        180334.27000000
        0.270819130870
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-03-01
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CALPINE CORP 4.5% 02/15/28
        N/A
        CALPINE CORP REGD 144A P/P 4.50000000
        131347CM6
        
          
        
        186000.00000000
        NS
        USD
        185026.16000000
        0.277865232379
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-02-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BROOKFIELD RESID P 5% 06/15/29
        N/A
        BROOKFIELD RESID PROPERT REGD 144A P/P 5.00000000
        11283YAG5
        
          
        
        50000.00000000
        NS
        USD
        49711.39000000
        0.074654670097
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2029-06-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MIDWEST GMNG B 4.875% 05/01/29
        N/A
        MIDWEST GMNG BOR/MWG FIN REGD 144A P/P 4.87500000
        59833DAB6
        
          
        
        75000.00000000
        NS
        USD
        74303.22000000
        0.111585742750
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-01
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CROWNROCK LP/C 5.625% 10/15/25
        N/A
        CROWNROCK LP/CROWNROCK F REGD 144A P/P 5.62500000
        228701AF5
        
          
        
        25000.00000000
        NS
        USD
        25158.48000000
        0.037782046017
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-10-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SERVICE CORP INTL 4% 05/15/31
        549300RKVM2ME20JHZ15
        SERVICE CORP INTL REGD 4.00000000
        817565CG7
        
          
        
        200000.00000000
        NS
        USD
        201209.73000000
        0.302169100755
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-05-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OCCIDENTAL PETR 6.45% 09/15/36
        IM7X0T3ECJW4C1T7ON55
        OCCIDENTAL PETROLEUM COR REGD 6.45000000
        674599DF9
        
          
        
        200000.00000000
        NS
        USD
        248293.01000000
        0.372876975460
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2036-09-15
          Fixed
          6.45000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KRAFT HEINZ FOOD 5.5% 06/01/50
        N/A
        KRAFT HEINZ FOODS CO REGD SER WI 5.50000000
        50077LBJ4
        
          
        
        25000.00000000
        NS
        USD
        33903.35000000
        0.050914758357
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-06-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TARGA RESOURCE 4.875% 02/01/31
        N/A
        TARGA RESOURCES PARTNERS REGD 4.87500000
        87612BBS0
        
          
        
        125000.00000000
        NS
        USD
        134268.72000000
        0.201639644275
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-02-01
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FORESTAR GROUP  3.85% 05/15/26
        N/A
        FORESTAR GROUP INC REGD 144A P/P 3.85000000
        346232AF8
        
          
        
        50000.00000000
        NS
        USD
        49526.25000000
        0.074376633904
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-05-15
          Fixed
          3.85000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HILCORP ENERGY I/H 6% 02/01/31
        N/A
        HILCORP ENERGY I/HILCORP REGD 144A P/P 6.00000000
        431318AV6
        
          
        
        125000.00000000
        NS
        USD
        124591.58000000
        0.187106884395
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-02-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US LONG BOND(CBT) MAR22
        N/A
        FUTURE CONTRACT ON           US LONG BOND(CBT) MAR22 0.00000000
        N/A
        
          
        
        -7.00000000
        NC
        USD
        -1134875.00000000
        -1.70431200429
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              CITIGROUP GLOBAL MARKETS INC
              MBNUM2BPBDO7JBLYG310
            
            Short
            
              
                F/C US LONG BOND(CBT) MAR22
                US LONG BOND(CBT) MAR22
                
                  
                
              
            
            2022-03-22
            1114958.52000000
            USD
            -19916.48000000
          
        
        
          N
          N
          N
        
      
      
        BROOKFIELD RESI 6.25% 09/15/27
        N/A
        BROOKFIELD RESID PROPERT REGD 144A P/P 6.25000000
        11283YAB6
        
          
        
        145000.00000000
        NS
        USD
        150681.61000000
        0.226287896684
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2027-09-15
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NCR CORP 5.25% 10/01/30
        549300YKTY8JX1DV2R67
        NCR CORP REGD 144A P/P 5.25000000
        62886EAZ1
        
          
        
        50000.00000000
        NS
        USD
        50757.95000000
        0.076226354002
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-10-01
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITED RENTALS 4.875% 01/15/28
        N/A
        UNITED RENTALS NORTH AM REGD 4.87500000
        911365BG8
        
          
        
        125000.00000000
        NS
        USD
        130879.22000000
        0.196549422411
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-01-15
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOYD GAMING COR 4.75% 12/01/27
        254900787YGRYS2A1Z35
        BOYD GAMING CORP REGD SER WI 4.75000000
        103304BU4
        
          
        
        175000.00000000
        NS
        USD
        177011.57000000
        0.265829226699
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-12-01
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COMMSCOPE INC 6% 03/01/26
        N/A
        COMMSCOPE INC REGD 144A P/P 6.00000000
        20338QAD5
        
          
        
        250000.00000000
        NS
        USD
        255983.01000000
        0.384425524255
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-03-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L GREENEDEN U S 0% 10/08/27
        N/A
        T/L GREENEDEN U S HOLDINGS     REGD 0.00000000
        39479UAQ6
        
          
        
        24812.50000000
        NS
        USD
        24787.69000000
        0.037225207732
        Long
        LON
        CORP
        US
        N
        
        2
        
          2027-10-08
          Variable
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CAESARS ENTERTA 6.25% 07/01/25
        549300FA4CTCW903Y781
        CAESARS ENTERTAIN INC REGD 144A P/P 6.25000000
        28470RAH5
        
          
        
        140000.00000000
        NS
        USD
        145813.01000000
        0.218976418835
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-07-01
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L MCAFEE LLC 0% 09/30/24
        N/A
        T/L MCAFEE LLC REGD 0.00000000
        57906PAG4
        
          
        
        185583.71000000
        NS
        USD
        185377.53000000
        0.278392906448
        Long
        LON
        CORP
        US
        N
        
        2
        
          2024-09-30
          Variable
          3.84163000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HUNT COS INC 5.25% 04/15/29
        549300ODPWDNCH5TKM49
        HUNT COS INC REGD 144A P/P 5.25000000
        445587AE8
        
          
        
        175000.00000000
        NS
        USD
        170276.93000000
        0.255715401126
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HOME POINT CAPITAL 5% 02/01/26
        549300DQF6YN0E43PM71
        HOME POINT CAPITAL INC REGD 144A P/P 5.00000000
        43734LAA4
        
          
        
        125000.00000000
        NS
        USD
        115777.27000000
        0.173869889710
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-02-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COMMSCOPE TECH LLC 6% 06/15/25
        N/A
        COMMSCOPE TECH LLC REGD P/P 6.00000000
        20337YAA5
        
          
        
        50000.00000000
        NS
        USD
        48669.99000000
        0.073090735284
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-06-15
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T/L AMERICAN AIRLI 0% 4/20/28
        N/A
        T/L AMERICAN AIRLINES INC REGD 0.00000000
        N/A
        
          
        
        131500.00000000
        NS
        USD
        134853.25000000
        0.202517469142
        Long
        LON
        CORP
        US
        N
        
        2
        
          2028-04-20
          Variable
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ASCENT RESOURCES/A 7% 11/01/26
        N/A
        ASCENT RESOURCES/ARU FIN REGD 144A P/P 7.00000000
        04364VAG8
        
          
        
        125000.00000000
        NS
        USD
        126633.04000000
        0.190172671186
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-11-01
          Fixed
          7.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PRECISION DRIL 6.875% 01/15/29
        549300WF2OE8T5BP4B84
        PRECISION DRILLING CORP REGD 144A P/P 6.87500000
        740212AM7
        
          
        
        25000.00000000
        NS
        USD
        24324.66000000
        0.036529846933
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2029-01-15
          Fixed
          6.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        API ESCROW CORP 4.75% 10/15/29
        N/A
        API ESCROW CORP REGD 144A P/P 4.75000000
        00185PAA9
        
          
        
        50000.00000000
        NS
        USD
        50630.36000000
        0.076034744205
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-10-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STANDARD INDUS 4.375% 07/15/30
        N/A
        STANDARD INDUSTRIES INC REGD 144A P/P 4.37500000
        853496AG2
        
          
        
        75000.00000000
        NS
        USD
        73808.36000000
        0.110842580870
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-07-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HERTZ CORP/THE 4.625% 12/01/26
        N/A
        HERTZ CORP/THE REGD 144A P/P 4.62500000
        428040DA4
        
          
        
        25000.00000000
        NS
        USD
        24642.40000000
        0.037007016750
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-12-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN AIRLINE 5.5% 04/20/26
        N/A
        AMERICAN AIRLINES/AADVAN REGD 144A P/P 5.50000000
        00253XAA9
        
          
        
        50000.00000000
        NS
        USD
        51250.00000000
        0.076965295931
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2026-04-20
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERIGAS PART/F 5.75% 05/20/27
        N/A
        AMERIGAS PART/FIN CORP REGD 5.75000000
        030981AL8
        
          
        
        75000.00000000
        NS
        USD
        81443.06000000
        0.122308082233
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-05-20
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PACTIV EVERGRE 4.375% 10/15/28
        N/A
        PACTIV EVERGREEN GROUP REGD 144A P/P 4.37500000
        69527AAA4
        
          
        
        50000.00000000
        NS
        USD
        48591.03000000
        0.072972156167
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-10-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JBS USA LUX/JBS 6.75% 02/15/28
        N/A
        JBS USA LUX/JBS USA FIN REGD 144A P/P 6.75000000
        472141AA8
        
          
        
        210000.00000000
        NS
        USD
        226423.05000000
        0.340033503394
        Long
        DBT
        CORP
        N/A
        
        Y
        
        2
        
          2028-02-15
          Fixed
          6.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VIASAT INC 6.5% 07/15/28
        UFC8NYMNFSYIHNSM2I38
        VIASAT INC REGD 144A P/P 6.50000000
        92552VAN0
        
          
        
        20000.00000000
        NS
        USD
        20454.50000000
        0.030717788207
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-07-15
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOMBARDIER INC 6% 02/15/28
        W7L3VLU8EHQY34Z36697
        BOMBARDIER INC REGD 144A P/P 6.00000000
        097751BX8
        
          
        
        150000.00000000
        NS
        USD
        148963.99000000
        0.223708440458
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2028-02-15
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HOWARD HUGHES  4.375% 02/01/31
        549300BVHY25JZC1KI49
        HOWARD HUGHES CORP REGD 144A P/P 4.37500000
        44267DAF4
        
          
        
        50000.00000000
        NS
        USD
        49418.87000000
        0.074215374715
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-02-01
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GARTNER INC 3.625% 06/15/29
        PP55B5R38BFB8O8HH686
        GARTNER INC REGD 144A P/P 3.62500000
        366651AG2
        
          
        
        50000.00000000
        NS
        USD
        49902.23000000
        0.074941266333
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-06-15
          Fixed
          3.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LEGACY LIFEPOIN 6.75% 04/15/25
        N/A
        LEGACY LIFEPOINT HEALTH REGD 144A P/P 6.75000000
        53219LAT6
        
          
        
        75000.00000000
        NS
        USD
        77897.27000000
        0.116983150005
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-04-15
          Fixed
          6.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SWITCH LTD 4.125% 06/15/29
        N/A
        SWITCH LTD REGD 144A P/P 4.12500000
        87105NAC4
        
          
        
        25000.00000000
        NS
        USD
        25119.37000000
        0.037723312110
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-06-15
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FORESTAR GROUP INC 5% 03/01/28
        N/A
        FORESTAR GROUP INC REGD 144A P/P 5.00000000
        346232AE1
        
          
        
        75000.00000000
        NS
        USD
        76283.08000000
        0.114559021010
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-03-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NCR CORP 5.125% 04/15/29
        549300YKTY8JX1DV2R67
        NCR CORP REGD 144A P/P 5.12500000
        62886EBA5
        
          
        
        25000.00000000
        NS
        USD
        25296.32000000
        0.037989048873
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ADAPTHEALTH LL 4.625% 08/01/29
        N/A
        ADAPTHEALTH LLC REGD 144A P/P 4.62500000
        00653VAC5
        
          
        
        100000.00000000
        NS
        USD
        98058.39000000
        0.147260351315
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-08-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CAESARS ENTERT 4.625% 10/15/29
        549300FA4CTCW903Y781
        CAESARS ENTERTAIN INC REGD 144A P/P 4.62500000
        12769GAA8
        
          
        
        75000.00000000
        NS
        USD
        72921.72000000
        0.109511058724
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-10-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ZAYO GROUP HOLDING 4% 03/01/27
        529900Z6OTS7RT0V0I47
        ZAYO GROUP HOLDINGS INC REGD 144A P/P 4.00000000
        98919VAA3
        
          
        
        75000.00000000
        NS
        USD
        71476.67000000
        0.107340937731
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-03-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DAVITA INC 3.75% 02/15/31
        M2XHYMU3TZNEZURC6H66
        DAVITA INC REGD 144A P/P 3.75000000
        23918KAT5
        
          
        
        400000.00000000
        NS
        USD
        371344.22000000
        0.557670590921
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-02-15
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MASONITE INTER 5.375% 02/01/28
        549300H0H07ZFT4JYM32
        MASONITE INTERNATIONAL C REGD 144A P/P 5.37500000
        575385AD1
        
          
        
        25000.00000000
        NS
        USD
        26080.39000000
        0.039166535304
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2028-02-01
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHESAPEAKE ENERGY CORP
        X2MT1W32SPAZ9WSKLE78
        CHESAPEAKE ENERGY CORP 0.00000000
        165167735
        
          
        
        11790.00000000
        NS
        USD
        701976.60000000
        1.054201692799
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MPT OPER PARTN 4.625% 08/01/29
        N/A
        MPT OPER PARTNERSP/FINL REGD 4.62500000
        55342UAJ3
        
          
        
        200000.00000000
        NS
        USD
        208873.68000000
        0.313678528653
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-08-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIVISION COMMUN 4.5% 05/01/29
        N/A
        UNIVISION COMMUNICATIONS REGD 144A P/P 4.50000000
        914906AV4
        
          
        
        175000.00000000
        NS
        USD
        175143.78000000
        0.263024250892
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-01
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMWINS GROUP I 4.875% 06/30/29
        N/A
        AMWINS GROUP INC REGD 144A P/P 4.87500000
        031921AB5
        
          
        
        50000.00000000
        NS
        USD
        49321.86000000
        0.074069688795
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-06-30
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        IHEARTCOMMUNIC 6.375% 05/01/26
        N/A
        IHEARTCOMMUNICATIONS INC REGD 6.37500000
        45174HBC0
        
          
        
        40000.00000000
        NS
        USD
        41524.98000000
        0.062360631692
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-05-01
          Fixed
          6.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NCL CORPORATIO 10.25% 02/01/26
        N/A
        NCL CORPORATION LTD REGD 144A P/P 10.25000000
        62886HAY7
        
          
        
        20000.00000000
        NS
        USD
        22903.51000000
        0.034395618049
        Long
        DBT
        CORP
        BM
        
        Y
        
        2
        
          2026-02-01
          Fixed
          10.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HILCORP ENERGY  6.25% 11/01/28
        N/A
        HILCORP ENERGY I/HILCORP REGD 144A P/P 6.25000000
        431318AS3
        
          
        
        25000.00000000
        NS
        USD
        25481.04000000
        0.038266454326
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-11-01
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NABORS INDUSTRI 5.75% 02/01/25
        N/A
        NABORS INDUSTRIES INC REGD SER WI 5.75000000
        62957HAF2
        
          
        
        150000.00000000
        NS
        USD
        125527.33000000
        0.188512158067
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-02-01
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LUMEN TECHNOLOGI 7.6% 09/15/39
        8M3THTGWLTYZVE6BBY25
        LUMEN TECHNOLOGIES INC REGD SER P 7.60000000
        156700AM8
        
          
        
        27000.00000000
        NS
        USD
        28890.00000000
        0.043385900477
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2039-09-15
          Fixed
          7.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOMBARDIER INC 7.125% 06/15/26
        W7L3VLU8EHQY34Z36697
        BOMBARDIER INC REGD 144A P/P 7.12500000
        097751BV2
        
          
        
        125000.00000000
        NS
        USD
        129192.95000000
        0.194017046419
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2026-06-15
          Fixed
          7.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHESAPEAKE ENERGY FLLO
        N/A
        CHESAPEAKE ENERGY FLLO         BACKSTOP 0.00000000
        N/A
        
          
        
        68.00000000
        NS
        USD
        4048.72000000
        0.006080213325
        Long
        EC
        CORP
        US
        N
        
        2
        
          N
          N
          N
        
      
      
        BAUSCH HEALTH C 5.25% 01/30/30
        B3BS7ACMDUWISF18KY76
        BAUSCH HEALTH COS INC REGD 144A P/P 5.25000000
        071734AJ6
        
          
        
        250000.00000000
        NS
        USD
        215000.00000000
        0.322878802444
        Long
        DBT
        CORP
        CA
        
        Y
        
        2
        
          2030-01-30
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CALPINE CORP 3.75% 03/01/31
        N/A
        CALPINE CORP REGD 144A P/P 3.75000000
        131347CR5
        
          
        
        225000.00000000
        NS
        USD
        215157.62000000
        0.323115510150
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-03-01
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FERRELLGAS ESC 8.956% 3/30/31
        N/A
        FERRELLGAS ESCROW LLC          /PREFERRED/ REGD 8.95600000
        N/A
        
          
        
        350000.00000000
        NS
        USD
        350000.00000000
        0.525616655141
        Long
        DBT
        CORP
        US
        N
        
        3
        
          2031-03-30
          Fixed
          8.95600000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TAYLOR MORRISO 6.625% 07/15/27
        N/A
        TAYLOR MORRISON COMM REGD 144A P/P 6.62500000
        87724RAG7
        
          
        
        100000.00000000
        NS
        USD
        105147.41000000
        0.157906371260
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-07-15
          Fixed
          6.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANTERO MIDSTRE 5.375% 06/15/29
        N/A
        ANTERO MIDSTREAM PART/FI REGD 144A P/P 5.37500000
        03690AAH9
        
          
        
        75000.00000000
        NS
        USD
        76142.38000000
        0.114347723114
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-06-15
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN AXLE &  6.5% 04/01/27
        N/A
        AMERICAN AXLE & MFG INC REGD SER WI 6.50000000
        02406PAU4
        
          
        
        150000.00000000
        NS
        USD
        155746.58000000
        0.233894275512
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-04-01
          Fixed
          6.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MOZART DEBT MER 5.25% 10/01/29
        N/A
        MOZART DEBT MERGER SUB REGD 144A P/P 5.25000000
        62482BAB8
        
          
        
        125000.00000000
        NS
        USD
        124926.14000000
        0.187609313847
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-10-01
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PILGRIM'S PRIDE 4.25% 04/15/31
        N/A
        PILGRIM'S PRIDE CORP REGD 144A P/P 4.25000000
        72147KAF5
        
          
        
        175000.00000000
        NS
        USD
        183373.75000000
        0.275383706045
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-04-15
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NATIONSTAR MTG 5.125% 12/15/30
        N/A
        NATIONSTAR MTG HLD INC REGD 144A P/P 5.12500000
        63861CAD1
        
          
        
        200000.00000000
        NS
        USD
        193286.46000000
        0.290270235969
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-12-15
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NESCO HOLDINGS I 5.5% 04/15/29
        N/A
        NESCO HOLDINGS II INC REGD 144A P/P 5.50000000
        64083YAA9
        
          
        
        100000.00000000
        NS
        USD
        101481.08000000
        0.152400416656
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-04-15
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        APACHE CORP 5.1% 09/01/40
        72ZZ1XRHOOU9P9X16K08
        APACHE CORP REGD 5.10000000
        037411AW5
        
          
        
        25000.00000000
        NS
        USD
        27158.52000000
        0.040785629831
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2040-09-01
          Fixed
          5.10000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VIASAT INC 5.625% 04/15/27
        UFC8NYMNFSYIHNSM2I38
        VIASAT INC REGD 144A P/P 5.62500000
        92552VAL4
        
          
        
        40000.00000000
        NS
        USD
        40873.72000000
        0.061382594256
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-04-15
          Fixed
          5.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GOLDEN ENTERTA 7.625% 04/15/26
        549300P8YYCKQVJ0Y638
        GOLDEN ENTERTAINMENT INC REGD 144A P/P 7.62500000
        381013AA9
        
          
        
        150000.00000000
        NS
        USD
        156019.77000000
        0.234304541838
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-04-15
          Fixed
          7.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AETHON UN/AETHI 8.25% 02/15/26
        N/A
        AETHON UN/AETHIN UN FIN REGD 144A P/P 8.25000000
        00810GAC8
        
          
        
        75000.00000000
        NS
        USD
        79155.47000000
        0.118872666793
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-02-15
          Fixed
          8.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MATTAMY GROUP  4.625% 03/01/30
        5493008TNY7A82WCXU31
        MATTAMY GROUP CORP REGD 144A P/P 4.62500000
        57701RAM4
        
          
        
        175000.00000000
        NS
        USD
        173667.98000000
        0.260807950722
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2030-03-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CALPINE CORP 4.625% 02/01/29
        N/A
        CALPINE CORP REGD 144A P/P 4.62500000
        131347CP9
        
          
        
        40000.00000000
        NS
        USD
        38310.02000000
        0.057532527345
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-02-01
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PATRICK INDUSTRI 7.5% 10/15/27
        549300FZ5ZTCCJ3Z5W14
        PATRICK INDUSTRIES INC REGD 144A P/P 7.50000000
        703343AC7
        
          
        
        75000.00000000
        NS
        USD
        80042.03000000
        0.120204068798
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-10-15
          Fixed
          7.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LBM ACQUISITION 6.25% 01/15/29
        549300FAEB3VWZL4NI86
        LBM ACQUISITION LLC REGD 144A P/P 6.25000000
        05552BAA4
        
          
        
        80000.00000000
        NS
        USD
        76619.52000000
        0.115064273774
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-01-15
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ROLLER BEARING 4.375% 10/15/29
        N/A
        ROLLER BEARING CO OF AME REGD 144A P/P 4.37500000
        775631AD6
        
          
        
        50000.00000000
        NS
        USD
        49919.97000000
        0.074967907589
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-10-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VALVOLINE INC 4.25% 02/15/30
        549300CMHPBEY6VPOT75
        VALVOLINE INC REGD 144A P/P 4.25000000
        92047WAD3
        
          
        
        25000.00000000
        NS
        USD
        24825.82000000
        0.037282469913
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2030-02-15
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TALLGRASS NRG PRTN 6% 03/01/27
        N/A
        TALLGRASS NRG PRTNR/FIN REGD 144A P/P 6.00000000
        87470LAG6
        
          
        
        134000.00000000
        NS
        USD
        137803.20000000
        0.206947591576
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-03-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PRIME HEALTHCAR 7.25% 11/01/25
        N/A
        PRIME HEALTHCARE SERVICE REGD 144A P/P 7.25000000
        74165HAB4
        
          
        
        150000.00000000
        NS
        USD
        157950.03000000
        0.237203332708
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2025-11-01
          Fixed
          7.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CORONADO FINAN 10.75% 05/15/26
        N/A
        CORONADO FINANCE PTY LTD REGD 144A P/P 10.75000000
        21979LAA4
        
          
        
        41000.00000000
        NS
        USD
        44175.52000000
        0.066341111604
        Long
        DBT
        CORP
        AU
        Y
        
        2
        
          2026-05-15
          Fixed
          10.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CSC HOLDINGS L 3.375% 02/15/31
        N/A
        CSC HOLDINGS LLC REGD 144A P/P 3.37500000
        126307BF3
        
          
        
        200000.00000000
        NS
        USD
        183136.42000000
        0.275027292900
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-02-15
          Fixed
          3.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEWS CORP 3.875% 05/15/29
        549300ITS31QK8VRBQ14
        NEWS CORP REGD 144A P/P 3.87500000
        65249BAA7
        
          
        
        50000.00000000
        NS
        USD
        49225.24000000
        0.073924588563
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-05-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TARGA RESOURCE 5.875% 04/15/26
        N/A
        TARGA RESOURCES PARTNERS REGD 5.87500000
        87612BBJ0
        
          
        
        100000.00000000
        NS
        USD
        103648.97000000
        0.155656071200
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-04-15
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISH DBS CORP 5.125% 06/01/29
        N/A
        DISH DBS CORP REGD 5.12500000
        25470XBD6
        
          
        
        325000.00000000
        NS
        USD
        285679.34000000
        0.429022340382
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-06-01
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VISTA OUTDOOR IN 4.5% 03/15/29
        549300QI2D33ESTJLN81
        VISTA OUTDOOR INC REGD 144A P/P 4.50000000
        928377AC4
        
          
        
        50000.00000000
        NS
        USD
        49918.96000000
        0.074966390809
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-03-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KONTOOR BRANDS 4.125% 11/15/29
        549300M0CPXV65RFF271
        KONTOOR BRANDS INC REGD 144A P/P 4.12500000
        50050NAA1
        
          
        
        25000.00000000
        NS
        USD
        24936.54000000
        0.037448744987
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2029-11-15
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NOVELIS CORP 3.875% 08/15/31
        N/A
        NOVELIS CORP REGD 144A P/P 3.87500000
        670001AH9
        
          
        
        100000.00000000
        NS
        USD
        96802.29000000
        0.145373988228
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-08-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
    
    
      
    
    
      2021-12-30
      PGIM ETF TRUST 
      Christian J. Kelly 
      Christian J. Kelly 
      Treasurer and Principal Financial and Accounting Officer 
    
  
  XXXX



PGIM Active High Yield Bond ETF

Schedule of Investments (unaudited)

as of November 30, 2021

 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

 

 

LONG-TERM INVESTMENTS 94.4%

           

BANK LOANS 3.7%

           

Airlines 0.5%

           

 

 

AAdvantage Loyalty IP Ltd. (American Airlines, Inc.), Initial Term Loan, 3 Month LIBOR + 4.750%

     5.500%(c)        04/20/28        132        $134,853  

United AirLines, Inc., Class B Term Loan, 3 Month LIBOR + 3.750%

     4.500 (c)        04/21/28        194        193,055  
           

 

 

 
                              327,908  
           

 

 

 

Computers 0.1%

           

 

 

Banff Guarantor, Inc., Initial Term Loan (Second Lien)

     —(p)        03/31/26        50        50,438  

Diversified/Conglomerate Services 0.4%

           

 

 

Intrado Corp., Initial Term B Loan, 3 Month LIBOR + 4.000%

     5.000 (c)        10/10/24        265        251,760  

Electric & Gas Marketing 0.2%

           

 

 

Heritage Power LLC, Term Loan, 3 Month LIBOR + 6.000%

     7.000 (c)        07/30/26        146        125,210  

Entertainment 0.1%

           

 

 

Golden Nugget Online Gaming, Inc., 2020 Initial Term Loan, 3 Month LIBOR + 12.000%

     13.000 (c)        10/04/23        4        4,058  

Scientific Games International, Inc., Initial Term B-5 Loan, 1 Month LIBOR + 2.750%

     2.840 (c)        08/14/24        73        72,751  
           

 

 

 
              76,809  
           

 

 

 

Industrial Services 0.1%

           

 

 

Great Outdoors Group LLC, Term B-2 Loan, 3 Month LIBOR + 3.750%

     4.500 (c)        03/06/28        50        49,532  

Infrastructure Software 0.3%

           

 

 

McAfee LLC, Term B USD Loan, 1 Month LIBOR + 3.750%

     3.842 (c)        09/30/24        186        185,378  

Insurance 0.3%

           

 

 

Asurion LLC, New B-4 Term Loan (Second Lien), 1 Month LIBOR + 5.250%

     5.340 (c)        01/20/29        225        222,609  

Media 0.0%

           

 

 

Diamond Sports Group LLC, Term Loan, 1 Month LIBOR + 3.250%

     3.350 (c)        08/24/26        40        16,743  

Oil & Gas 0.3%

           

 

 

Ascent Resources Utica Holdings LLC/Aru Finance Corp., Term Loan (Second Lien), 3 Month LIBOR + 9.000%

     10.000 (c)        11/01/25        118        128,325  

CITGO Petroleum Corp., 2019 Incremental Term B Loan, 3 Month LIBOR + 6.250%

     7.250 (c)        03/28/24        67        66,690  


PGIM Active High Yield Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

 

 

BANK LOANS (Continued)

           

Oil & Gas (cont’d.)

           

 

 

EG Group Ltd. (United Kingdom), Additional Term Facility USD, 6 Month LIBOR + 4.250%

     4.750%(c)        03/31/26        30        $29,751  
           

 

 

 
                          224,766  
           

 

 

 

Software 0.9%

           

 

 

Boxer Parent Co., Inc., 2021 Replacement Dollar Term Loan, 1 Month LIBOR + 3.750%

     3.882 (c)        10/02/25        25        24,713  

Greeneden U.S. Holdings I LLC, 2020 Initial Dollar Term Loan, 1 Month LIBOR + 4.000%

     4.750 (c)        12/01/27        25        24,788  

Peraton Corp., Term B Loan (First Lien), 1 Month LIBOR + 3.750%

     4.500 (c)        02/01/28        224        223,381  

Skillsoft Finance II, Inc., Initial Term Loan, 3 Month LIBOR + 4.750%

     5.500 (c)        07/14/28        100        100,125  

TIBCO Software, Inc., Term B-3 Loan, 1 Month LIBOR + 3.750%

     3.850 (c)        06/30/26        198        194,958  
           

 

 

 
                              567,965  
           

 

 

 

Telecommunications 0.5%

           

 

 

Intelsat Jackson Holdings SA (Luxembourg), Term Loan (DIP), 3 Month LIBOR + 4.750%

     5.750 (c)        07/13/22        83        83,437  

Xplornet Communications, Inc. (Canada), Initial Term Loan (Second Lien), 1 Month LIBOR + 7.000%

     7.500 (c)        10/01/29        40        39,900  

Refinancing Term Loan (First Lien), 1 Month LIBOR + 4.000%

     4.500 (c)        10/02/28        225        224,036  
           

 

 

 
                          347,373  
           

 

 

 

TOTAL BANK LOANS

           
           

 

 

 

(cost $2,346,985)

              2,446,491  
           

 

 

 

CORPORATE BONDS 88.9%

           

Advertising 0.5%

           

 

 

National CineMedia LLC, Sr. Unsec’d. Notes

     5.750        08/15/26        25        19,551  

Terrier Media Buyer, Inc., Gtd. Notes, 144A

     8.875        12/15/27        290        307,236  
           

 

 

 
                          326,787  
           

 

 

 

Aerospace & Defense 3.6%

           

 

 

Boeing Co. (The),

           

Sr. Unsec’d. Notes

     5.150        05/01/30        125        145,222  

Sr. Unsec’d. Notes

     5.805        05/01/50        150        202,371  

Sr. Unsec’d. Notes

     5.930        05/01/60        250        347,216  

Bombardier, Inc. (Canada),

           

Sr. Unsec’d. Notes, 144A

     6.000        02/15/28        150        148,964  

Sr. Unsec’d. Notes, 144A

     7.125        06/15/26        125        129,193  

Sr. Unsec’d. Notes, 144A

     7.500        12/01/24        250        259,264  

Sr. Unsec’d. Notes, 144A

     7.500        03/15/25        350        357,235  

Sr. Unsec’d. Notes, 144A

     7.875        04/15/27        190        195,650  

Spirit AeroSystems, Inc., Sec’d. Notes, 144A

     7.500        04/15/25        125        130,774  

SSL Robotics LLC, Sr. Sec’d. Notes, 144A

     9.750        12/31/23        103        110,962  


 

 

 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

 

 

CORPORATE BONDS (Continued)

           

Aerospace & Defense (cont’d.)

           

 

 

TransDigm, Inc.,

           

Gtd. Notes

     4.625%        01/15/29        50        $47,982  

Gtd. Notes

     5.500        11/15/27        300        302,123  
           

 

 

 
                              2,376,956  
           

 

 

 

Agriculture 0.3%

           

 

 

Vector Group Ltd., Sr. Sec’d. Notes, 144A

     5.750        02/01/29        175        166,405  

Airlines 0.9%

           

 

 

American Airlines, Inc., Sr. Sec’d. Notes, 144A

     11.750        07/15/25        175        212,191  

American Airlines, Inc./AAdvantage Loyalty IP Ltd. (Multinational),

           

Sr. Sec’d. Notes, 144A

     5.500        04/20/26        50        51,250  

Sr. Sec’d. Notes, 144A

     5.750        04/20/29        125        130,606  

Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd. (Cayman Islands), Sr. Sec’d. Notes, 144A

     5.750        01/20/26        50        51,158  

United Airlines, Inc.,

           

Sr. Sec’d. Notes, 144A

     4.375        04/15/26        73        73,303  

Sr. Sec’d. Notes, 144A

     4.625        04/15/29        100        99,751  
           

 

 

 
              618,259  
           

 

 

 

Apparel 0.3%

           

 

 

Kontoor Brands, Inc., Gtd. Notes, 144A

     4.125        11/15/29        25        24,936  

William Carter Co. (The), Gtd. Notes, 144A

     5.625        03/15/27        100        103,246  

Wolverine World Wide, Inc., Gtd. Notes, 144A

     4.000        08/15/29        50        48,492  
           

 

 

 
              176,674  
           

 

 

 

Auto Manufacturers 2.6%

           

 

 

Allison Transmission, Inc.,

           

Gtd. Notes, 144A

     3.750        01/30/31        25        23,921  

Sr. Unsec’d. Notes, 144A

     5.875        06/01/29        75        80,198  

Ford Holdings LLC, Gtd. Notes

     9.300        03/01/30        100        138,330  

Ford Motor Co.,

           

Sr. Unsec’d. Notes

     3.250        02/12/32        75        75,091  

Sr. Unsec’d. Notes

     4.750        01/15/43        535        572,506  

Sr. Unsec’d. Notes

     5.291        12/08/46        325        367,549  

Sr. Unsec’d. Notes

     7.400        11/01/46        175        236,546  

PM General Purchaser LLC, Sr. Sec’d. Notes, 144A

     9.500        10/01/28        175        179,289  

Wabash National Corp., Gtd. Notes, 144A

     4.500        10/15/28        50        48,779  
           

 

 

 
              1,722,209  
           

 

 

 

Auto Parts & Equipment 1.5%

           

 

 

Adient Global Holdings Ltd. (Jersey, Channel Islands), Gtd. Notes, 144A

     4.875        08/15/26        200        200,230  

American Axle & Manufacturing, Inc.,

           

Gtd. Notes

     5.000        10/01/29        50        47,434  

Gtd. Notes

     6.250        03/15/26        100        102,369  

Gtd. Notes

     6.500        04/01/27        150        155,746  

Gtd. Notes

     6.875        07/01/28        75        80,055  


PGIM Active High Yield Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

CORPORATE BONDS (Continued)

           

Auto Parts & Equipment (cont’d.)

 

                 

Cooper-Standard Automotive, Inc., Gtd. Notes, 144A

     5.625%        11/15/26        50        $40,783  

Dana, Inc.,

           

Sr. Unsec’d. Notes

     4.250        09/01/30        25        24,893  

Sr. Unsec’d. Notes

     4.500        02/15/32        50        48,755  

Sr. Unsec’d. Notes

     5.625        06/15/28        35        36,917  

Tenneco, Inc.,

           

Sr. Sec’d. Notes, 144A

     5.125        04/15/29        150        144,646  

Sr. Sec’d. Notes, 144A

     7.875        01/15/29        25        26,769  

Titan International, Inc., Sr. Sec’d. Notes

     7.000        04/30/28        100        102,809  
           

 

 

 
                              1,011,406  
           

 

 

 

Banks 0.2%

 

                 

Citigroup, Inc., Jr. Sub. Notes, 5 Year CMT Index + 3.417%

     3.875 (c)        2/18/2026(rr)        75        74,348  

Freedom Mortgage Corp., Sr. Unsec’d. Notes, 144A

     7.625        05/01/26        75        72,586  
           

 

 

 
              146,934  
           

 

 

 

Building Materials 1.8%

 

                 

Cornerstone Building Brands, Inc., Gtd. Notes, 144A

     6.125        01/15/29        125        130,874  

Griffon Corp., Gtd. Notes

     5.750        03/01/28        175        180,334  

Masonite International Corp. (Canada), Gtd. Notes, 144A

     5.375        02/01/28        25        26,081  

Patrick Industries, Inc.,

           

Gtd. Notes, 144A

     4.750        05/01/29        75        73,342  

Gtd. Notes, 144A

     7.500        10/15/27        75        80,042  

SRM Escrow Issuer LLC, Sr. Sec’d. Notes, 144A

     6.000        11/01/28        250        260,299  

Standard Industries, Inc.,

           

Sr. Unsec’d. Notes, 144A

     3.375        01/15/31        150        138,242  

Sr. Unsec’d. Notes, 144A

     4.375        07/15/30        75        73,808  

Sr. Unsec’d. Notes, 144A

     4.750        01/15/28        50        50,395  

Sr. Unsec’d. Notes, 144A

     5.000        02/15/27        120        123,131  

Summit Materials LLC/Summit Materials Finance Corp., Gtd. Notes, 144A

     6.500        03/15/27        75        78,134  
           

 

 

 
              1,214,682  
           

 

 

 

Chemicals 3.0%

 

                 

Ashland LLC, Gtd. Notes

     6.875        05/15/43        75        94,908  

Chemours Co. (The),

           

Gtd. Notes, 144A

     4.625        11/15/29        150        144,872  

Gtd. Notes, 144A

     5.750        11/15/28        125        128,158  

Cornerstone Chemical Co., Sr. Sec’d. Notes, 144A

     6.750        08/15/24        75        66,377  

Diamond BC BV (Netherlands), Gtd. Notes, 144A

     4.625        10/01/29        25        24,448  

EverArc Escrow Sarl (Luxembourg), Sr. Sec’d. Notes, 144A

     5.000        10/30/29        35        34,141  

Hexion, Inc., Gtd. Notes, 144A

     7.875        07/15/27        125        132,425  


 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

CORPORATE BONDS (Continued)

           

Chemicals (cont’d.)

 

                 

Olympus Water US Holding Corp., Sr. Sec’d. Notes, 144A

     4.250%        10/01/28        200        $193,750  

Rain CII Carbon LLC/CII Carbon Corp., Sec’d. Notes, 144A

     7.250        04/01/25        150        153,020  

SCIH Salt Holdings, Inc., Sr. Unsec’d. Notes, 144A

     6.625        05/01/29        25        23,107  

TPC Group, Inc.,

           

Sr. Sec’d. Notes, 144A

     10.500        08/01/24        185        129,383  

Sr. Sec’d. Notes, 144A

     10.875        08/01/24        46        48,974  

Tronox, Inc., Gtd. Notes, 144A

     4.625        03/15/29        325        315,226  

Unifrax Escrow Issuer Corp.,

           

Sr. Sec’d. Notes, 144A

     5.250        09/30/28        50        49,167  

Sr. Unsec’d. Notes, 144A

     7.500        09/30/29        25        24,418  

Valvoline, Inc.,

           

Gtd. Notes, 144A

     4.250        02/15/30        25        24,826  

Sr. Unsec’d. Notes, 144A

     3.625        06/15/31        100        96,016  

Venator Finance Sarl/Venator Materials LLC (Multinational),

           

Gtd. Notes, 144A

     5.750        07/15/25        200        185,990  

Sr. Sec’d. Notes, 144A

     9.500        07/01/25        25        27,302  

W.R. Grace Holdings LLC,

           

Sr. Sec’d. Notes, 144A

     4.875        06/15/27        50        50,154  

Sr. Unsec’d. Notes, 144A

     5.625        08/15/29        75        75,393  
           

 

 

 
                              2,022,055  
           

 

 

 

Coal 0.1%

 

                 

Coronado Finance Pty Ltd. (Australia), Sr. Sec’d. Notes, 144A

     10.750        05/15/26        41        44,176  

Warrior Met Coal, Inc., Sr. Sec’d. Notes, 144A

     7.875        12/01/28        25        25,256  
           

 

 

 
              69,432  
           

 

 

 

Commercial Services 5.5%

 

                 

Adtalem Global Education, Inc., Sr. Sec’d. Notes, 144A

     5.500        03/01/28        185        178,437  

Allied Universal Holdco LLC/Allied Universal Finance Corp.,

           

Sr. Sec’d. Notes, 144A

     6.625        07/15/26        110        113,165  

Sr. Unsec’d. Notes, 144A

     6.000        06/01/29        400        380,086  

Sr. Unsec’d. Notes, 144A

     9.750        07/15/27        200        209,969  

Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl (Multinational), Sr. Sec’d. Notes, 144A

     4.625        06/01/28        400        386,708  

Alta Equipment Group, Inc., Sec’d. Notes, 144A

     5.625        04/15/26        50        50,792  

AMN Healthcare, Inc.,

           

Gtd. Notes, 144A

     4.000        04/15/29        25        25,194  

Gtd. Notes, 144A

     4.625        10/01/27        25        25,698  

APi Escrow Corp., Gtd. Notes, 144A

     4.750        10/15/29        50        50,630  

Avis Budget Car Rental LLC/Avis Budget Finance, Inc., Gtd. Notes, 144A

     4.750        04/01/28        100        101,628  

Brink’s Co. (The), Gtd. Notes, 144A

     4.625        10/15/27        25        25,460  


PGIM Active High Yield Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

CORPORATE BONDS (Continued)

 

     

Commercial Services (cont’d.)

 

                 

Carriage Services, Inc., Gtd. Notes, 144A

     4.250%        05/15/29        50        $49,546  

CoreLogic, Inc., Sr. Sec’d. Notes, 144A

     4.500        05/01/28        15        14,688  

Gartner, Inc., Gtd. Notes, 144A

     3.625        06/15/29        50        49,902  

Hertz Corp. (The),

           

Gtd. Notes, 144A

     4.625        12/01/26        25        24,642  

Gtd. Notes, 144A

     5.000        12/01/29        50        49,001  

Metis Merger Sub LLC, Sr. Unsec’d. Notes, 144A

     6.500        05/15/29        225        220,017  

MPH Acquisition Holdings LLC, Sr. Sec’d. Notes, 144A

     5.500        09/01/28        200        193,957  

NESCO Holdings II, Inc., Sec’d. Notes, 144A

     5.500        04/15/29        100        101,481  

Service Corp. International, Sr. Unsec’d. Notes

     4.000        05/15/31        200        201,210  

United Rentals North America, Inc.,

           

Gtd. Notes

     3.750        01/15/32        75        73,873  

Gtd. Notes

     3.875        02/15/31        325        326,267  

Gtd. Notes

     4.875        01/15/28        125        130,879  

Gtd. Notes

     5.250        01/15/30        100        107,923  

Verscend Escrow Corp., Sr. Unsec’d. Notes, 144A

     9.750        08/15/26        515        541,734  
           

 

 

 
                                3,632,887  
           

 

 

 

Computers 0.4%

 

                 

NCR Corp.,

           

Gtd. Notes, 144A

     5.000        10/01/28        150        151,559  

Gtd. Notes, 144A

     5.125        04/15/29        25        25,296  

Gtd. Notes, 144A

     5.250        10/01/30        50        50,758  

Tempo Acquisition LLC/Tempo Acquisition Finance Corp., Sr. Sec’d. Notes, 144A

     5.750        06/01/25        25        25,987  
           

 

 

 
              253,600  
           

 

 

 

Distribution/Wholesale 0.5%

 

                 

Avient Corp., Sr. Unsec’d. Notes, 144A

     5.750        05/15/25        100        103,669  

H&E Equipment Services, Inc., Gtd. Notes, 144A

     3.875        12/15/28        225        218,823  
           

 

 

 
              322,492  
           

 

 

 

Diversified Financial Services 3.2%

 

                 

Alliance Data Systems Corp., Gtd. Notes, 144A

     4.750        12/15/24        100        101,483  

GoEasy Ltd. (Canada), Gtd. Notes, 144A

     4.375        05/01/26        50        51,180  

Home Point Capital, Inc., Gtd. Notes, 144A

     5.000        02/01/26        125        115,777  

Jefferies Finance LLC/JFIN Co.-Issuer Corp., Sr. Unsec’d. Notes, 144A

     5.000        08/15/28        200        200,474  

LD Holdings Group LLC, Gtd. Notes, 144A

     6.125        04/01/28        150        137,719  

LFS Topco LLC, Gtd. Notes, 144A

     5.875        10/15/26        75        77,590  

LPL Holdings, Inc.,

           

Gtd. Notes, 144A

     4.000        03/15/29        50        50,202  

Gtd. Notes, 144A

     4.375        05/15/31        50        50,395  

Nationstar Mortgage Holdings, Inc.,

           

Gtd. Notes, 144A

     5.125        12/15/30        200        193,287  

Gtd. Notes, 144A

     6.000        01/15/27        125        129,123  

Navient Corp., Sr. Unsec’d. Notes

     5.500        03/15/29        75        73,911  


 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

CORPORATE BONDS (Continued)

 

     

Diversified Financial Services (cont’d.)

 

                 

OneMain Finance Corp.,

           

Gtd. Notes

     3.875%        09/15/28        50        $48,131  

Gtd. Notes

     4.000        09/15/30        125        120,509  

Gtd. Notes

     6.125        03/15/24        225        237,769  

Gtd. Notes

     6.875        03/15/25        125        137,525  

Gtd. Notes

     7.125        03/15/26        250        281,099  

PennyMac Financial Services, Inc.,

           

Gtd. Notes, 144A

     4.250        02/15/29        50        46,031  

Gtd. Notes, 144A

     5.375        10/15/25        100        101,721  
           

 

 

 
              2,153,926  
           

 

 

 

Electric 4.6%

 

                 

Calpine Corp.,

           

Sr. Sec’d. Notes, 144A

     3.750        03/01/31        225        215,158  

Sr. Sec’d. Notes, 144A

     4.500        02/15/28        186        185,026  

Sr. Unsec’d. Notes, 144A

     4.625        02/01/29        40        38,310  

Sr. Unsec’d. Notes, 144A

     5.000        02/01/31        250        240,596  

Sr. Unsec’d. Notes, 144A

     5.125        03/15/28        334        331,255  

NRG Energy, Inc.,

           

Gtd. Notes

     5.750        01/15/28        25        26,180  

Gtd. Notes

     6.625        01/15/27        30        31,016  

Gtd. Notes, 144A

     3.375        02/15/29        75        72,435  

Gtd. Notes, 144A

     3.875        02/15/32        75        72,016  

Gtd. Notes, 144A

     5.250        06/15/29        250        259,519  

PG&E Corp.,

           

Sr. Sec’d. Notes

     5.000        07/01/28        175        180,220  

Sr. Sec’d. Notes

     5.250        07/01/30        220        226,450  

Vistra Corp., Jr. Sub. Notes, 144A, 5 Year CMT Index + 6.930%

     8.000 (c)        10/15/2026(rr)        125        130,863  

Vistra Operations Co. LLC,

           

Gtd. Notes, 144A

     5.000        07/31/27        90        91,134  

Gtd. Notes, 144A

     5.500        09/01/26        50        51,319  

Gtd. Notes, 144A

     5.625        02/15/27        750        770,358  

Sr. Unsec’d. Notes, 144A

     4.375        05/01/29        150        147,199  
           

 

 

 
                                3,069,054  
           

 

 

 

Electrical Components & Equipment 0.4%

 

                 

Energizer Holdings, Inc., Gtd. Notes, 144A

     4.375        03/31/29        50        47,460  

WESCO Distribution, Inc.,

           

Gtd. Notes, 144A

     7.125        06/15/25        100        105,682  

Gtd. Notes, 144A

     7.250        06/15/28        100        108,714  
           

 

 

 
              261,856  
           

 

 

 

Electronics 0.2%

 

                 

Brightstar Escrow Corp., Sr. Sec’d. Notes, 144A

     9.750        10/15/25        105        112,392  

Sensata Technologies, Inc., Gtd. Notes, 144A

     3.750        02/15/31        15        14,739  
           

 

 

 
              127,131  
           

 

 

 

Engineering & Construction 0.3%

 

                 

AECOM, Gtd. Notes

     5.125        03/15/27        50        53,730  


PGIM Active High Yield Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

CORPORATE BONDS (Continued)

 

     

Engineering & Construction (cont’d.)

 

                 

Artera Services LLC, Sr. Sec’d. Notes, 144A

     9.033%      12/04/25        50        $50,254  

TopBuild Corp.,

           

Gtd. Notes, 144A

     3.625      03/15/29        75        74,706  

Gtd. Notes, 144A

     4.125        02/15/32        50        50,285  
           

 

 

 
              228,975  
           

 

 

 

Entertainment 3.3%

 

                 

AMC Entertainment Holdings, Inc., Sec’d. Notes, PIK 12.000% until 12/15/2021 then cash coupon 10.000% until 6/15/26; or combination of cash coupon 5.000% and PIK 6.000%, 144A

     12.000        06/15/26        82        82,815  

Caesars Entertainment, Inc.,

           

Sr. Sec’d. Notes, 144A

     6.250        07/01/25        140        145,813  

Sr. Unsec’d. Notes, 144A

     4.625        10/15/29        75        72,922  

Caesars Resort Collection LLC/CRC Finco, Inc., Sr. Sec’d. Notes, 144A

     5.750        07/01/25        35        36,377  

CCM Merger, Inc., Sr. Unsec’d. Notes, 144A

     6.375        05/01/26        25        26,027  

Churchill Downs, Inc., Gtd. Notes, 144A

     5.500        04/01/27        50        51,478  

Golden Entertainment, Inc., Sr. Unsec’d. Notes, 144A

     7.625        04/15/26        150        156,020  

International Game Technology PLC (United Kingdom), Sr. Sec’d. Notes, 144A

     5.250        01/15/29        225        233,983  

Jacobs Entertainment, Inc., Sec’d. Notes, 144A

     7.875        02/01/24        125        127,952  

Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp., Sr. Sec’d. Notes, 144A

     4.875        05/01/29        75        74,303  

Peninsula Pacific Entertainment LLC/Peninsula Pacific Entertainment Finance In, Sr. Unsec’d. Notes, 144A

     8.500        11/15/27        200        216,233  

Penn National Gaming, Inc.,

           

Sr. Unsec’d. Notes, 144A

     4.125        07/01/29        25        23,588  

Sr. Unsec’d. Notes, 144A

     5.625        01/15/27        175        179,562  

Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.,

           

Gtd. Notes, 144A

     5.625        09/01/29        50        49,942  

Gtd. Notes, 144A

     5.875        09/01/31        125        125,388  

Scientific Games International, Inc.,

           

Gtd. Notes, 144A

     8.250        03/15/26        200        210,687  

Gtd. Notes, 144A

     8.625        07/01/25        200        213,375  

Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.,

           

Gtd. Notes, 144A

     5.125        10/01/29        155        151,575  

Sr. Unsec’d. Notes, 144A

     7.750        04/15/25        25        26,075  
           

 

 

 
                                2,204,115  
           

 

 

 


 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

CORPORATE BONDS (Continued)

 

     

Environmental Control 0.1%

 

                 

GFL Environmental, Inc. (Canada),

           

Gtd. Notes, 144A

     4.000%      08/01/28        25        $24,202  

Gtd. Notes, 144A

     4.375      08/15/29        75        72,916  
           

 

 

 
              97,118  
           

 

 

 

Food 2.9%

 

                 

Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC, Gtd. Notes, 144A

     5.875        02/15/28        25        26,295  

B&G Foods, Inc.,

           

Gtd. Notes

     5.250        04/01/25        175        177,757  

Gtd. Notes

     5.250        09/15/27        50        50,785  

C&S Group Enterprises LLC, Gtd. Notes, 144A

     5.000        12/15/28        75        70,045  

Chobani LLC/Chobani Finance Corp., Inc.,

           

Gtd. Notes, 144A

     7.500        04/15/25        50        51,688  

Sr. Sec’d. Notes, 144A

     4.625        11/15/28        50        50,771  

JBS USA LUX SA/JBS USA Finance, Inc. (Multinational), Gtd. Notes, 144A

     6.750        02/15/28        210        226,423  

JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc. (Multinational),

           

Gtd. Notes, 144A

     6.500        04/15/29        150        164,444  

Sr. Unsec’d. Notes, 144A

     5.500        01/15/30        25        26,817  

Kraft Heinz Foods Co.,

           

Gtd. Notes

     4.375        06/01/46        25        28,957  

Gtd. Notes