BlackRock Limited Duration Income Trust


Security	Par (000)		Value

Asset-Backed Securities
AIMCO CLO^(a)(b)
Series 2017-AA, Class C, (3 mo. LIBOR US + 2.45%), 2.67%, 07/20/29		USD1,000	$	998,544
Series 2017-AA, Class CR, (3 mo. LIBOR US + 2.10%), 2.67%, 04/20/34^(c)		1,000		1,000,000
Allegro CLO II-S Ltd., Series 2014-1RA, Class C, (3 mo. LIBOR US + 3.00%), 3.22%, 10/21/28^(a)(b)		1,000		970,491
Anchorage Capital CLO Ltd.^(a)(b)
Series 2014-3RA, Class E, (3 mo. LIBOR US + 5.50%), 5.72%, 01/28/31		850		795,828
Series 2014-4RA, Class D, (3 mo. LIBOR US + 2.60%), 2.82%, 01/28/31		250		241,435
Series 2015-7A, Class D1R2, (3 mo. LIBOR US + 3.50%), 3.72%, 01/28/31		1,000		1,002,906
Series 2016-8A, Class ER, (3 mo. LIBOR US + 5.75%), 5.97%, 07/28/28		1,000		962,301
Ares LV CLO Ltd., Series 2020-55A, Class D, (3 mo. LIBOR US + 4.83%), 5.07%, 04/15/31^(a)(b)		1,000		1,004,992
Argent Securities Trust, Series 2006-W5, Class A1A, (1 mo. LIBOR US + 0.30%), 0.41%, 06/25/36^(a)		5,052		3,904,601
Assurant CLO Ltd., Series 2019-5A, Class E, (3 mo. LIBOR US + 7.34%), 7.58%, 01/15/33^(a)(b)		250		250,652
Bain Capital Credit CLO Ltd., Series 2020-2A, Class D, (3 mo. LIBOR US + 4.81%), 5.03%, 07/21/31^(a)(b)(d)		300		301,440
Benefit Street Partners CLO VII Ltd., Series 2015- VIIA, Class CR, (3 mo. LIBOR US + 2.40%), 2.62%, 07/18/27^(a)(b)		250		247,993
Benefit Street Partners CLO XX Ltd., Series 2020- 20A, Class C, (3 mo. LIBOR US + 2.60%), 2.84%, 07/15/31^(a)(b)		250		249,588
BlueMountain CLO XXVI Ltd., Series 2019-26A, Class E, (3 mo. LIBOR US + 7.70%), 7.92%, 10/20/32^(a)(b)		250		251,127
CarVal CLO II Ltd., Series 2019-1A, Class CR, (3 mo. LIBOR US + 2.00%), 2.18%, 04/20/32^(a)(b)		250		248,833
CarVal CLO III Ltd., Series 2019-2A, Class E, (3 mo. LIBOR US + 6.44%), 6.66%, 07/20/32^(a)(b)		500		495,391
CarVal CLO Ltd., Series 2018-1A, Class E, (3 mo. LIBOR US + 5.77%), 5.99%, 07/16/31^(a)(b)		500		474,503
Cedar Funding IV CLO Ltd., Series 2014-4A, Class DR, (3 mo. LIBOR US + 3.65%), 3.87%, 07/23/30^(a)(b)		500		496,032
Citigroup Mortgage Loan Trust, Series 2006-FX1, Class A7, 5.78%, 10/25/36^(e)		427		350,896
Clear Creek CLO, Series 2015-1A, Class DR, (3 mo. LIBOR US + 2.95%), 3.17%, 10/20/30^(a)(b)		250		245,074
Countrywide Asset-Backed Certificates, Series 2006-26, Class 1A, (1 mo. LIBOR US + 0.14%), 0.25%, 06/25/37^(a)		712		670,954
Credit Suisse ABS Repackaging Trust, Series 2013-A, Class B, 2.50%, 01/25/30^(b)		323		323,834


Security	Par (000)		Value
Asset-Backed Securities (continued)
Dryden 64 CLO Ltd., Series 2018-64A, Class D, (3 mo. LIBOR US + 2.65%), 2.87%, 04/18/31^(a)(b)		USD 250	$	242,686
Elmwood CLO III Ltd., Series 2019-3A, Class E, (3 mo. LIBOR US + 7.00%), 7.24%, 10/15/32^(a)(b)		950		952,002
Elmwood CLO V Ltd., Series 2020-2A, Class C, (3 mo. LIBOR US + 2.75%), 2.97%, 07/24/31^(a)(b)		500		499,190
Litigation Fee Residual Funding, 4.00%, 10/30/27^(d)		385		384,524
Madison Park Funding X Ltd., Series 2012-10A, Class ER2, (3 mo. LIBOR US + 6.40%), 6.62%, 01/20/29^(a)(b)		500		488,192
Madison Park Funding XVI Ltd., Series 2015-16A, Class C, (3 mo. LIBOR US + 3.70%), 3.92%, 04/20/26^(a)(b)		300		300,159
Neuberger Berman CLO XX Ltd., Series 2015-20A, Class ER, (3 mo. LIBOR US + 5.00%), 5.24%, 01/15/28^(a)(b)		790		787,309
Oaktree CLO Ltd., Series 2015-1A, Class DR, (3 mo. LIBOR US + 5.20%), 5.42%, 10/20/27^(a)(b)		500		478,208
Octagon Investment Partners 31 LLC, Series 2017-1A, Class E, (3 mo. LIBOR US + 6.30%), 6.52%, 07/20/30^(a)(b)		500		488,881
OZLM VIII Ltd., Series 2014-8A, Class CRR, (3 mo. LIBOR US + 3.15%), 3.37%, 10/17/29^(a)(b)		250		245,098
OZLM XXI Ltd., Series 2017-21A, Class D, (3 mo. LIBOR US + 5.54%), 5.76%, 01/20/31^(a)(b)		250		225,841
Palmer Square CLO Ltd., Series 2020-1A, Class C, (3 mo. LIBOR US + 3.00%), 3.22%, 04/20/29^(a)(b)		250		250,082
Palmer Square Loan Funding Ltd., Series 2018-5A, Class B, (3 mo. LIBOR US + 1.90%), 2.12%, 01/20/27^(a)(b)		1,000		1,000,569
Rockford Tower CLO Ltd.^(a)(b)
Series 2017-1A, Class DR, (3 mo. LIBOR US + 2.65%), 2.89%, 04/15/29		250		247,122
Series 2017-2A, Class DR, (3 mo. LIBOR US + 2.85%), 3.09%, 10/15/29		500		495,817
Sterling Coofs Trust^(d)
Series 2004-1, Class A, 2.36%, 04/15/29		1,204		12,038
Series 2004-2, Class Note, 2.08%, 03/30/30^(b)		1,767		17,671
Symphony CLO XVIII Ltd., Series 2016-18A, Class D, (3 mo. LIBOR US + 4.00%), 4.22%, 01/23/28^(a)(b)		1,000		995,108
TICP CLO VII Ltd., Series 2017-7A, Class ER, (3 mo. LIBOR US + 7.05%), 7.29%, 04/15/33^(a)(b)		250		251,134
Unique Pub Finance Co. PLC, Series N, 6.46%, 03/30/32		GBP 100		141,300
Voya CLO Ltd.^(a)(b)
Series 2014-3A, Class CR, (3 mo. LIBOR US + 2.65%), 2.87%, 07/25/26		USD 250		249,981
Series 2019-3A, Class C, (3 mo. LIBOR US + 2.60%), 2.82%, 10/17/32		1,000		996,877


Security	Par (000)		Value
Asset-Backed Securities (continued)
Westcott Park CLO Ltd., Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.25%), 3.47%, 07/20/28^(a)(b)		USD 500	$	499,831
York CLO Ltd.^(a)(b)
Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.60%), 3.82%, 10/20/29		250		248,231
Series 2016-2A, Class ER, (3 mo. LIBOR US + 6.75%), 6.97%, 04/20/32		1,000		1,001,984


Total Asset-Backed Securities — 4.4% (Cost: $26,542,663)				26,987,250



	Shares

Common Stocks

Construction & Engineering — 0.0%
McDermott International Ltd.^(f)		47,837	38,270


Consumer Finance — 0.0%
Arrow Global Group PLC^(f)		3,932	16,533


Diversified Financial Services — 0.0%
Kcad Holdings I Ltd.^(d)		546,753,936	5,467


Energy Equipment & Services — 0.0%
Pioneer Energy Services Corp.^(d)		273	1,583


Household Durables — 0.0%
Berkline Benchcraft Equity LLC^(d)		3,155	—


Media — 0.0%
Clear Channel Outdoor Holdings, Inc.^(f)		38,911	70,040


Metals & Mining — 0.0%
Ameriforge Group, Inc.		801	17,622
Preferred Proppants LLC^(d)		5,738	344

			17,966

Oil, Gas & Consumable Fuels — 0.1%
California Resources Corp.^(f)		700	16,842
Extraction Oil & Gas, Inc., (Acquired 03/04/21, Cost: $54,877)^(g)		4,410	154,929

			171,771

Software — 0.0%
Avaya Holdings Corp.^(f)		19	533


Specialty Retail — 0.0%
NMG Parent LLC		1,330	93,765


Total Common Stocks — 0.1% (Cost: $7,777,278)			415,928



	Par (000)

Corporate Bonds

Aerospace & Defense — 2.3%
Amsted Industries, Inc., 5.63%, 07/01/27^(b)		USD 156	$	165,555
Bombardier, Inc.^(b)
8.75%, 12/01/21^(h)		779		817,303
5.75%, 03/15/22		108		112,590
6.00%, 10/15/22		8		8,000
6.13%, 01/15/23^(h)		658		685,142
7.50%, 12/01/24		199		198,751


Security	Par (000)		Value

Aerospace & Defense (continued)
Bombardier, Inc.^(b)(continued)
7.50%, 03/15/25		USD 33	$	32,464
7.88%, 04/15/27^(h)		330		323,628
F-Brasile SpA/F-Brasile US LLC, Series XR, 7.38%, 08/15/26^(b)		423		423,931
Howmet Aerospace, Inc.
5.87%, 02/23/22^(h)		730		754,645
5.13%, 10/01/24		5		5,500
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/25^(b)(h)		378		397,134
Moog, Inc., 4.25%, 12/15/27^(b)		156		159,120
Rolls-Royce PLC, 5.75%, 10/15/27^(b)		218		231,963
Signature Aviation US Holdings, Inc.^(b)
5.38%, 05/01/26		271		276,420
4.00%, 03/01/28		234		237,959
Spirit AeroSystems, Inc., 5.50%, 01/15/25^(b)		181		191,408
TransDigm, Inc.
8.00%, 12/15/25^(b)(h)		815		887,535
6.25%, 03/15/26^(b)(h)		6,032		6,395,126
6.38%, 06/15/26		194		200,547
4.63%, 01/15/29^(b)		312		307,648
Triumph Group, Inc., 8.88%, 06/01/24^(b)(h)		851		957,545

				13,769,914

Air Freight & Logistics — 0.0%
XPO Logistics, Inc., 6.75%, 08/15/24^(b)		18		18,878


Airlines — 2.0%
American Airlines Pass-Through Trust,
Series 2013-2, Class A, 4.95%, 01/15/23^(h)		1,631		1,630,823
American Airlines, Inc., 11.75%, 07/15/25^(b)		607		750,853
American Airlines, Inc./AAdvantage Loyalty IP Ltd.^(b)
5.50%, 04/20/26		748		778,436
5.75%, 04/20/29		824		876,387
Avianca Holdings SA, (10.50% Cash or 12.00% PIK), 12.25%, 11/10/21^(b)(i)		70		70,544
Delta Air Lines, Inc./SkyMiles IP Ltd., 4.75%, 10/20/28^(b)		138		150,061
Gol Finance SA, 7.00%, 01/31/25^(b)		200		162,875
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26^(b)		249		264,587
International Consolidated Airlines Group SA, 2.75%, 03/25/25		EUR 100		115,653
Latam Finance Ltd., 6.88%, 04/11/24^(b)(f)(j)		USD 203		167,475
Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.50%, 06/20/27^(b)		2,135		2,340,494
United Airlines Pass-Through Trust
Series 2015-1, Class A, 3.70%, 06/01/24^(h)		2,430		2,463,416
Series 2020-1, Class A, 5.88%, 10/15/27^(h)		1,857		2,058,838
Series 2020-1, Class B, 4.88%, 01/15/26		50		51,875

				11,882,317

Auto Components — 1.0%
Aptiv PLC, 4.40%, 10/01/46		240		256,602
Clarios Global LP, 6.75%, 05/15/25^(b)		540		577,638
Clarios Global LP/Clarios US Finance Co.
4.38%, 05/15/26		EUR 100		121,374
6.25%, 05/15/26^(b)(h)		USD1,526		1,620,673
8.50%, 05/15/27^(b)(h)		2,264		2,436,630
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28^(b)		334		352,370
Faurecia SE, 3.75%, 06/15/28		EUR 100		124,441
GoodYear Tire + Rubber Co., 5.63%, 04/30/33		USD 320		320,000


Security	Par (000)		Value

Auto Components (continued)
ZF Finance GmbH
3.00%, 09/21/25		EUR 100	$	123,651
3.75%, 09/21/28		100		127,821

				6,061,200

Automobiles — 1.7%
Allison Transmission, Inc.^(b)
5.88%, 06/01/29^(h)		USD 396		432,957
3.75%, 01/30/31		259		250,906
Asbury Automotive Group, Inc.
4.50%, 03/01/28		129		131,955
4.75%, 03/01/30		124		128,092
Carvana Co., 5.50%, 04/15/27^(b)		290		291,523
Ford Motor Co.
8.50%, 04/21/23		982		1,094,930
0.00%, 03/15/26^(b)(k)(l)		221		223,210
4.35%, 12/08/26		11		11,591
5.29%, 12/08/46		48		50,461
Ford Motor Credit Co. LLC
5.88%, 08/02/21^(h)		522		529,021
2.98%, 08/03/22^(h)		449		455,735
3.35%, 11/01/22^(h)		215		219,343
3.81%, 01/09/24^(h)		629		648,656
4.69%, 06/09/25		200		212,265
5.13%, 06/16/25^(h)		690		745,200
4.13%, 08/04/25^(h)		411		429,875
3.38%, 11/13/25^(h)		200		203,400
4.39%, 01/08/26^(h)		400		420,428
3.82%, 11/02/27		200		202,250
2.90%, 02/16/28		295		283,421
5.11%, 05/03/29^(h)		526		564,635
General Motors Co., 6.13%, 10/01/25		254		298,681
General Motors Financial Co., Inc.
4.38%, 09/25/21^(h)		530		539,813
2.75%, 06/20/25		352		367,454
Group 1 Automotive, Inc., 4.00%, 08/15/28^(b)		135		134,156
Ken Garff Automotive LLC, 4.88%, 09/15/28^(b)		122		121,878
Navistar International Corp., 6.63%, 11/01/25^(b)		324		336,160
Penske Automotive Group, Inc.
3.50%, 09/01/25		214		218,637
5.50%, 05/15/26		32		32,930
Renault SA, 2.38%, 05/25/26		EUR 100		118,609
Tesla, Inc., 5.30%, 08/15/25^(b)(h)		USD 422		437,867
Wabash National Corp., 5.50%, 10/01/25^(b)		241		246,423

				10,382,462

Banks — 1.8%
Banca Monte dei Paschi di Siena SpA, 2.63%, 04/28/25		EUR 100		119,885
Banco de Sabadell SA, (5 year EUR Swap + 2.20%), 2.00%, 01/17/30^(a)		100		114,045
Banco Espirito Santo SA^(f)(j)
4.75%, 01/15/22^(a)		100		16,418
4.00%, 01/21/22		100		16,418
Banco Industrial SA, (5 year CMT + 4.44%), 4.88%, 01/29/31^(a)(b)		USD 150		153,844
Bancolombia SA, (5 year CMT + 2.94%), 4.63%, 12/18/29^(a)		200		201,500
Bangkok Bank PCL^(a)
(5 year CMT + 1.90%), 3.73%, 09/25/34		231		232,588
(5 year CMT + 4.73%), 5.00%		201		211,238


Security	Par (000)		Value

Banks (continued)
Banistmo SA, 3.65%, 09/19/22		USD 200	$	204,000
Bank of Communications Co. Ltd., (5 year CMT + 3.35%), 3.80%^(a)(m)		200		206,188
Bank Tabungan Negara Persero Tbk PT, 4.20%, 01/23/25		200		203,063
Chong Hing Bank Ltd., (5 year CMT + 3.86%), 5.70%^(a)(m)		250		261,406
CIT Group, Inc., 5.00%, 08/01/23^(h)		382		414,470
Emirates NBD Bank PJSC, (6 year USD Swap + 3.66%), 6.13%^(a)(m)		250		266,172
Grupo Aval Ltd., 4.38%, 02/04/30^(b)		200		201,188
Intesa Sanpaolo SpA, 5.02%, 06/26/24^(b)(h)		2,442		2,667,421
Itau Unibanco Holding SA, 5.13%, 05/13/23^(b)		200		211,130
Krung Thai Bank PCL/Cayman Islands, (5 year CMT + 3.53%), 4.40%^(a)(m)		202		202,505
NBK Tier 1 Financing Ltd., (6 year USD Swap + 2.88%), 3.63%^(a)(b)(m)		279		277,323
Santander Holdings USA, Inc., 4.50%, 07/17/25^(h)		1,750		1,937,838
Santander UK Group Holdings PLC, 2.88%, 08/05/21^(h)		950		957,943
Standard Chartered PLC, (3 mo. LIBOR US + 1.08%), 3.89%, 03/15/24^(a)(b)(h)		1,500		1,583,892
Unione di Banche Italiane SpA, (5 year EUR Swap + 5.75%), 5.88%, 03/04/29^(a)		EUR 100		132,043
Wells Fargo & Co., (5 year CMT + 3.45%), 3.90%^(a)(m)		USD 365		368,613

				11,161,131

Beverages — 1.4%
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.90%, 02/01/46^(h)		800		955,635
ARD Finance SA, (6.50% Cash or 7.25% PIK), 6.50%, 06/30/27^(b)(h)(i)		1,091		1,145,550
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC, 4.00%, 09/01/29^(b)		898		896,536
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.^(b)
5.25%, 04/30/25		244		256,440
4.13%, 08/15/26^(h)		276		282,825
4.75%, 07/15/27		GBP 100		140,962
5.25%, 08/15/27^(h)		USD 652		665,092
Canpack SA/Eastern PA Land Investment Holding LLC, 3.13%, 11/01/25^(b)		211		213,967
Central American Bottling Corp.
5.75%, 01/31/27^(b)		176		186,340
5.75%, 01/31/27		105		111,169
Crown Cork & Seal Co., Inc., 7.38%, 12/15/26		34		40,928
Mauser Packaging Solutions Holding Co., 5.50%, 04/15/24^(b)(h)		794		804,918
OI European Group BV, 2.88%, 02/15/25		EUR 100		118,501
Silgan Holdings, Inc., 4.13%, 02/01/28		USD 58		59,585
Triton Water Holdings, Inc., 6.25%, 04/01/29^(b)		173		176,460
Trivium Packaging Finance BV^(b)(h)
5.50%, 08/15/26		1,004		1,052,945
8.50%, 08/15/27		1,367		1,483,468

				8,591,321

Biotechnology — 0.0%
Emergent BioSolutions, Inc., 3.88%, 08/15/28^(b)		76		74,290


Security	Par (000)		Value

Building Materials — 0.8%
Boise Cascade Co., 4.88%, 07/01/30^(b)		USD 109	$	114,177
Cemex SAB de CV, 5.45%, 11/19/29		200		217,600
Cornerstone Building Brands, Inc., 6.13%, 01/15/29^(b)		362		385,530
CP Atlas Buyer, Inc., 7.00%, 12/01/28^(b)		323		339,489
Forterra Finance LLC/FRTA Finance Corp., 6.50%, 07/15/25^(b)		378		406,350
Griffon Corp., 5.75%, 03/01/28		87		92,546
James Hardie International Finance DAC, 5.00%, 01/15/28^(b)		200		211,500
Jeld-Wen, Inc.^(b)
6.25%, 05/15/25		146		155,125
4.63%, 12/15/25		55		55,688
4.88%, 12/15/27		17		17,579
Masonite International Corp.^(b)
5.75%, 09/15/26		86		89,440
5.38%, 02/01/28		101		107,186
Norbord, Inc., 6.25%, 04/15/23^(b)		152		164,730
SRM Escrow Issuer LLC, 6.00%, 11/01/28^(b)		1,188		1,245,024
Standard Industries, Inc.
2.25%, 11/21/26		EUR 100		118,898
5.00%, 02/15/27^(b)		USD 174		181,395
4.75%, 01/15/28^(b)		46		47,684
4.38%, 07/15/30^(b)(h)		412		415,708
3.38%, 01/15/31^(b)(h)		364		344,890
Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/29^(b)		235		245,281

				4,955,820

Building Products^(b)— 0.4%
Advanced Drainage Systems, Inc., 5.00%, 09/30/27		262		274,463
BCPE Ulysses Intermediate, Inc., (7.75% Cash or 8.50% PIK), 7.75%, 04/01/27⁽ⁱ⁾		136		141,100
Foundation Building Materials, Inc., 6.00%, 03/01/29		208		205,400
LBM Acquisition LLC, 6.25%, 01/15/29		369		380,070
Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/26		362		373,765
SRS Distribution, Inc., 8.25%, 07/01/26^(h)		466		488,718
White Cap Buyer LLC, 6.88%, 10/15/28		539		572,251
White Cap Parent LLC, (8.25% PIK), 8.25%, 03/15/26⁽ⁱ⁾		210		218,925

				2,654,692

Capital Markets — 0.9%
Charles Schwab Corp., Series H, (10 year CMT + 3.08%), 4.00%^(a)(h)(m)		2,835		2,786,805
Compass Group Diversified Holdings LLC, 5.25%, 04/15/29^(b)		254		266,301
Icahn Enterprises LP/Icahn Enterprises Finance Corp.
6.25%, 02/01/22^(h)		113		113,141
4.75%, 09/15/24		93		96,575
6.38%, 12/15/25		120		123,900
6.25%, 05/15/26		366		383,385
5.25%, 05/15/27^(h)		489		504,893
4.38%, 02/01/29^(b)		201		196,419
Intercorp Peru Ltd., 3.88%, 08/15/29^(b)		225		231,047
LHC3 PLC, (4.13% Cash or 4.88% PIK), 4.13%, 08/15/24⁽ⁱ⁾		EUR 100		119,029


Security	Par (000)		Value

Capital Markets (continued)
NFP Corp., 6.88%, 08/15/28^(b)		USD 484	$	502,150
RP Escrow Issuer LLC, 5.25%, 12/15/25^(b)		156		161,655

				5,485,300

Chemicals — 1.2%
Axalta Coating Systems LLC, 3.38%, 02/15/29^(b)		297		289,634
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 06/15/27^(b)		170		177,701
Blue Cube Spinco LLC, 10.00%, 10/15/25^(h)		267		281,685
Braskem Netherlands Finance BV, (5 year CMT + 8.22%), 8.50%, 01/23/81^(a)(b)		278		315,530
Chemours Co., 4.00%, 05/15/26		EUR 100		118,608
Element Solutions, Inc., 3.88%, 09/01/28^(b)(h)		USD1,247		1,230,477
Equate Petrochemical BV, 4.25%, 11/03/26^(b)		211		229,858
GCP Applied Technologies, Inc., 5.50%, 04/15/26^(b)		165		169,736
HB Fuller Co., 4.25%, 10/15/28		98		99,574
Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, 07/01/28^(b)		360		405,108
INEOS Finance PLC, 3.38%, 03/31/26		EUR 100		120,495
Ingevity Corp., 3.88%, 11/01/28^(b)		USD 84		81,480
Minerals Technologies, Inc., 5.00%, 07/01/28^(b)		169		174,281
Monitchem HoldCo 3 SA, 5.25%, 03/15/25		EUR 100		120,642
NOVA Chemicals Corp., 4.88%, 06/01/24^(b)		USD 67		70,015
Orbia Advance Corp. SAB de CV, 5.50%, 01/15/48^(b)		200		226,250
PQ Corp., 5.75%, 12/15/25^(b)(h)		543		556,575
Sasol Financing USA LLC, 5.50%, 03/18/31		200		196,000
Scotts Miracle-Gro Co., 4.00%, 04/01/31^(b)		262		258,332
Valvoline, Inc., 3.63%, 06/15/31^(b)		1		968
WESCO Distribution, Inc.^(b)(h)
7.13%, 06/15/25		676		739,206
7.25%, 06/15/28		616		687,699
WR Grace & Co-Conn, 5.63%, 10/01/24^(b)		216		237,060
Yingde Gases Investment Ltd., 6.25%, 01/19/23		200		206,375

				6,993,289

Commercial Services & Supplies — 0.6%
ADT Security Corp.
4.13%, 06/15/23		9		9,349
4.88%, 07/15/32^(b)(h)		557		566,051
APX Group, Inc.
7.88%, 12/01/22^(h)		252		252,945
8.50%, 11/01/24		60		62,250
ASGN, Inc., 4.63%, 05/15/28^(b)		91		93,883
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 5.38%, 03/01/29^(b)		106		109,649
DAE Funding LLC, 3.38%, 03/20/28^(b)		250		247,500
Fortress Transportation & Infrastructure Investors LLC, 6.50%, 10/01/25^(b)		75		78,375
Herc Holdings, Inc., 5.50%, 07/15/27^(b)		383		407,589
Intertrust Group BV, 3.38%, 11/15/25		EUR 100		120,202
NESCO Holdings II, Inc., 5.50%, 04/15/29^(b)(c)		USD 306		313,895
Prime Security Services Borrower LLC/Prime
Finance, Inc.^(b)
5.25%, 04/15/24		141		150,398
5.75%, 04/15/26^(h)		320		346,256
3.38%, 08/31/27		238		230,860
Ritchie Bros Auctioneers, Inc., 5.38%, 01/15/25^(b)		187		192,395
United Rentals North America, Inc.
5.88%, 09/15/26		17		17,786
5.50%, 05/15/27		339		361,543


Security	Par (000)		Value

Commercial Services & Supplies (continued)
United Rentals North America, Inc. (continued)
3.88%, 11/15/27		USD 178	$	184,452
5.25%, 01/15/30		161		174,733

				3,920,111

Communications Equipment — 0.7%
Avaya, Inc., 6.13%, 09/15/28^(b)(h)		606		643,308
CommScope Technologies LLC^(b)
6.00%, 06/15/25		360		367,218
5.00%, 03/15/27		240		237,751
CommScope, Inc.^(b)
5.50%, 03/01/24^(h)		749		772,406
6.00%, 03/01/26		331		348,770
8.25%, 03/01/27		347		371,290
7.13%, 07/01/28		193		204,982
Nokia OYJ
3.38%, 06/12/22		106		108,385
4.38%, 06/12/27		149		157,940
ViaSat, Inc.^(b)(h)
5.63%, 04/15/27		515		540,191
6.50%, 07/15/28		477		502,310

				4,254,551

Construction & Engineering — 0.2%
Arcosa, Inc., 4.38%, 04/15/29^(b)		349		355,544
frontdoor, Inc., 6.75%, 08/15/26^(b)(h)		473		503,154
KBR, Inc., 4.75%, 09/30/28^(b)		186		188,929
SPIE SA, 2.63%, 06/18/26		EUR 100		120,788

				1,168,415

Construction Materials^(b)— 0.8%
American Builders & Contractors Supply Co., Inc.
5.88%, 05/15/26		USD 412		425,464
4.00%, 01/15/28^(h)		375		375,000
Core & Main LP, 6.13%, 08/15/25^(h)		1,743		1,788,911
H&E Equipment Services, Inc., 3.88%, 12/15/28		93		90,443
IAA, Inc., 5.50%, 06/15/27		372		390,135
Picasso Finance Sub, Inc., 6.13%, 06/15/25^(h)		449		530,187
Williams Scotsman International, Inc., 4.63%, 08/15/28		243		247,556
Winnebago Industries, Inc., 6.25%, 07/15/28		137		146,761
Wolverine Escrow LLC
8.50%, 11/15/24^(h)		254		253,365
9.00%, 11/15/26		903		902,142

				5,149,964

Consumer Discretionary — 0.9%
Atento Luxco 1 SA, 8.00%, 02/10/26^(b)		200		209,875
Carnival Corp.
11.50%, 04/01/23^(b)		281		322,096
10.13%, 02/01/26		EUR 100		135,761
5.75%, 03/01/27^(b)(h)		USD1,124		1,153,505
9.88%, 08/01/27^(b)		172		202,511
Legends Hospitality Holding Co. LLC/Legends Hospitality Co-Issuer Inc., 5.00%, 02/01/26^(b)		141		143,468
Life Time, Inc.^(b)
5.75%, 01/15/26		334		343,619
8.00%, 04/15/26		188		193,640
NCL Corp. Ltd., 5.88%, 03/15/26^(b)		169		170,690
NCL Finance Ltd., 6.13%, 03/15/28^(b)		576		586,800
Nielsen Finance LLC/Nielsen Finance Co.^(b) 5.63%, 10/01/28		479		503,549


Security	Par (000)		Value

Consumer Discretionary (continued)
Nielsen Finance LLC/Nielsen Finance Co.^(b)(continued)
5.88%, 10/01/30		USD 239	$	259,016
Royal Caribbean Cruises Ltd.^(b)
10.88%, 06/01/23		90		103,527
9.13%, 06/15/23		153		168,595
11.50%, 06/01/25		202		235,582
5.50%, 04/01/28		478		480,390
Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/29^(b)		135		136,391

				5,349,015

Consumer Finance — 1.0%
Equifax, Inc., 2.60%, 12/15/25		59		61,850
MPH Acquisition Holdings LLC, 5.75%, 11/01/28^(b)(h)		723		704,925
Muthoot Finance Ltd.
6.13%, 10/31/22^(b)		427		442,479
4.40%, 09/02/23		200		202,875
Navient Corp.
7.25%, 09/25/23		129		139,621
6.13%, 03/25/24		86		91,052
5.88%, 10/25/24		82		86,109
5.00%, 03/15/27		258		258,645
OneMain Finance Corp.
6.13%, 05/15/22		70		73,325
6.88%, 03/15/25		226		257,058
7.13%, 03/15/26		374		431,353
6.63%, 01/15/28		221		250,462
5.38%, 11/15/29		36		38,295
4.00%, 09/15/30		3		2,917
PayPal Holdings, Inc., 1.65%, 06/01/25		162		164,981
Sabre GLBL, Inc.^(b)
9.25%, 04/15/25		227		270,697
7.38%, 09/01/25		252		275,008
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 4.63%, 11/01/26^(b)		244		253,150
Verscend Escrow Corp., 9.75%, 08/15/26^(b)(h)		1,758		1,884,963

				5,889,765

Containers & Packaging — 0.4%
Celulosa Arauco y Constitucion SA, 4.20%, 01/29/30		200		215,562
Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/26		196		208,250
Crown Americas LLC/Crown Americas Capital Corp. VI, 4.75%, 02/01/26		424		439,688
Graham Packaging Co., Inc., 7.13%, 08/15/28^(b)		60		63,825
Graphic Packaging International LLC^(b)
4.75%, 07/15/27		89		97,232
3.50%, 03/15/28		17		16,915
3.50%, 03/01/29		61		59,323
Intelligent Packaging Ltd. Finco, Inc./Intelligent Packaging Ltd. Co-Issuer LLC, 6.00%, 09/15/28^(b)		162		167,265
Intertape Polymer Group, Inc., 7.00%, 10/15/26^(b)		201		211,427
Klabin Austria GmbH, 3.20%, 01/12/31^(b)		200		190,000
LABL Escrow Issuer LLC^(b)
6.75%, 07/15/26^(h)		380		407,075
10.50%, 07/15/27		176		195,994


Security	Par (000)		Value

Containers & Packaging (continued)
Sealed Air Corp.^(b)
5.13%, 12/01/24		USD 46	$	49,795
4.00%, 12/01/27		73		74,734
6.88%, 07/15/33		44		54,143
Suzano Austria GmbH, 3.75%, 01/15/31		105		108,402

				2,559,630

Diversified Consumer Services — 1.0%
Allied Universal Holdco LLC/Allied Universal Finance Corp.^(b)(h)
6.63%, 07/15/26		1,998		2,118,839
9.75%, 07/15/27		774		849,233
Ascend Learning LLC^(b)
6.88%, 08/01/25^(h)		690		707,250
6.88%, 08/01/25		317		324,925
Garda World Security Corp.^(b)
4.63%, 02/15/27		284		284,000
9.50%, 11/01/27^(h)		191		211,412
Graham Holdings Co., 5.75%, 06/01/26^(b)		140		146,314
Laureate Education, Inc., 8.25%, 05/01/25^(b)		114		119,130
Rekeep SpA, 7.25%, 02/01/26		EUR 100		125,303
Service Corp. International
5.13%, 06/01/29		USD 238		255,422
3.38%, 08/15/30^(h)		263		256,701
Sotheby’s, 7.38%, 10/15/27^(b)(h)		451		487,693

				5,886,222

Diversified Financial Services — 2.5%
Arrow Global Finance PLC, 5.13%, 09/15/24		GBP 100		139,026
Barclays PLC
3.65%, 03/16/25^(h)		USD3,600		3,869,173
5.20%, 05/12/26		200		226,042
BNP Paribas SA, (5 year CMT + 3.34%), 4.63%^(a)(b)(h)(m)		1,500		1,490,625
Central Garden & Pet Co., 4.13%, 10/15/30		188		189,880
Citigroup, Inc.^(a)(m)
(5 year CMT + 3.42%), 3.88%^(h)		2,000		1,990,660
Series W, (5 year CMT + 3.60%), 4.00%		155		156,511
Credit Suisse Group AG, (5 year CMT + 3.55%), 4.50%^(a)(b)(m)		200		187,500
Garfunkelux Holdco 3 SA, 7.75%, 11/01/25		GBP 100		142,447
Global Aircraft Leasing Co. Ltd., (6.50% Cash or 7.25% PIK), 6.50%, 09/15/24^(b)(i)		USD 223		213,637
Goldman Sachs Group, Inc., Series R, (5 year CMT + 3.22%), 4.95%^(a)(h)(m)		730		772,194
HSBC Holdings PLC
4.38%, 11/23/26^(h)		395		439,948
(5 year CMT + 3.22%), 4.00%^(a)(m)		290		288,550
(5 year USD ICE Swap + 4.37%), 6.38%^(a)(h)(m)		1,250		1,377,500
Intrum AB, 3.00%, 09/15/27		EUR 100		113,645
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.^(b)
5.25%, 03/15/22		USD 23		23,173
4.25%, 02/01/27^(h)		315		310,275
Lloyds Banking Group PLC, (5 year CMT + 4.82%), 6.75%^(a)(h)(m)		450		506,254
Manappuram Finance Ltd., 5.90%, 01/13/23		200		206,812
Morgan Stanley, 4.00%, 07/23/25^(h)		965		1,070,914
Operadora de Servicios Mega SA de CV Sofom ER, 8.25%, 02/11/25^(b)		300		303,056


Security	Par (000)		Value

Diversified Financial Services (continued)
Shriram Transport Finance Co. Ltd.
5.95%, 10/24/22		USD 420	$	430,237
5.10%, 07/16/23		200		203,188
Spectrum Brands, Inc.^(b)
5.00%, 10/01/29		178		187,790
5.50%, 07/15/30		154		164,780
3.88%, 03/15/31		98		95,918
United Wholesale Mortgage LLC, 5.50%, 04/15/29^(b)		164		164,000

				15,263,735

Diversified Telecommunication Services — 2.8%
Axtel SAB de CV, 6.38%, 11/14/24^(b)		200		208,813
Cincinnati Bell, Inc.^(b)
7.00%, 07/15/24		144		148,500
8.00%, 10/15/25		67		71,266
Consolidated Communications, Inc., 6.50%, 10/01/28^(b)(h)		471		508,741
Frontier Communications Corp.^(b)
5.88%, 10/15/27^(h)		462		489,720
5.00%, 05/01/28		674		686,388
6.75%, 05/01/29		524		552,663
Intelsat Jackson Holdings SA, 8.00%, 02/15/24^(b)		476		492,660
Level 3 Financing, Inc.
5.38%, 05/01/25		90		91,890
4.63%, 09/15/27^(b)		111		114,238
4.25%, 07/01/28^(b)(h)		714		722,075
3.75%, 07/15/29^(b)		250		244,663
Lumen Technologies, Inc.
5.13%, 12/15/26^(b)(h)		1,001		1,054,433
4.00%, 02/15/27^(b)(h)		349		356,479
4.50%, 01/15/29^(b)		551		537,390
Series P, 7.60%, 09/15/39^(h)		187		214,115
Series U, 7.65%, 03/15/42^(h)		290		329,875
Series W, 6.75%, 12/01/23^(h)		512		565,176
Series Y, 7.50%, 04/01/24^(h)		516		578,359
Oi SA, (10.00% Cash or 8.00% Cash + 4.00% PIK), 10.00%, 07/27/25⁽ⁱ⁾		216		225,720
SoftBank Group Corp.
4.50%, 04/20/25		EUR 100		128,374
4.75%, 07/30/25		100		130,023
5.00%, 04/15/28		100		132,222
Sprint Capital Corp.^(h)
6.88%, 11/15/28		USD1,259		1,587,561
8.75%, 03/15/32		659		974,496
Switch Ltd., 3.75%, 09/15/28^(b)		348		342,683
Telecom Italia Capital SA
6.38%, 11/15/33		222		261,307
6.00%, 09/30/34		432		489,953
7.20%, 07/18/36		98		123,679
7.72%, 06/04/38		44		58,685
Telecom Italia SpA
4.00%, 04/11/24		EUR 150		189,735
5.30%, 05/30/24^(b)(h)		USD 400		433,230
1.63%, 01/18/29		EUR 100		114,572
Verizon Communications, Inc., 3.38%, 02/15/25^(h)		USD 156		169,208
Zayo Group Holdings, Inc.^(b)(h)
4.00%, 03/01/27		2,575		2,529,938
6.13%, 03/01/28		1,349		1,384,411

				17,243,241


Security	Par (000)		Value

Education — 0.0%
Bright Scholar Education Holdings Ltd., 7.45 %, 07/31/22		USD 200	$	207,438


Electric Utilities — 0.7%
Black Hills Corp., 3.15%, 01/15/27^(h)		305		325,472
Empresas Publicas de Medellin ESP, 4.25%, 07/18/29^(b)		275		276,031
Enel Finance International NV, 3.63%, 05/25/27^(b)(h).		900		973,554
Energuate Trust, 5.88%, 05/03/27^(b)		200		211,020
Exelon Corp., 3.40%, 04/15/26^(h)		140		151,459
FirstEnergy Corp.
2.65%, 03/01/30		26		24,725
Series B, 4.40%, 07/15/27		136		146,200
Series B, 2.25%, 09/01/30		21		19,477
Series C, 5.35%, 07/15/47		503		564,956
Series C, 3.40%, 03/01/50		155		135,625
FirstEnergy Transmission LLC^(b)
5.45%, 07/15/44		347		400,910
4.55%, 04/01/49		163		171,892
NextEra Energy Operating Partners LP^(b)
4.25%, 07/15/24^(h)		170		178,925
4.25%, 09/15/24		9		9,495
PG&E Corp., 5.25%, 07/01/30		233		246,980
Pike Corp., 5.50%, 09/01/28^(b)		250		254,375
Public Power Corp SA, 3.88%, 03/30/26		EUR 100		119,050
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc.^(a)(d)
11.50%, 10/01/20		USD 300		—
11.50%, 11/10/21		780		—

				4,210,146

Electrical Equipment^(b)— 0.1%
Gates Global LLC/Gates Corp., 6.25%, 01/15/26		352		368,720
GrafTech Finance, Inc., 4.63%, 12/15/28		136		137,020

				505,740

Electronic Equipment, Instruments & Components — 0.3%
BWX Technologies, Inc.^(b)
5.38%, 07/15/26		209		215,792
4.13%, 06/30/28		251		254,137
4.13%, 04/15/29^(c)		174		176,393
CDW LLC/CDW Finance Corp.
4.13%, 05/01/25		188		195,520
3.25%, 02/15/29^(h)		309		305,137
Energizer Holdings, Inc.^(b)
4.75%, 06/15/28		256		264,000
4.38%, 03/31/29		19		19,067
Itron, Inc., 5.00%, 01/15/26^(b)		25		25,613
Xerox Corp., 4.80%, 03/01/35		203		203,093

				1,658,752

Energy Equipment & Services — 0.4%
Archrock Partners LP/Archrock Partners Finance Corp.^(b)
6.88%, 04/01/27		139		144,907
6.25%, 04/01/28		706		717,155
ChampionX Corp., 6.38%, 05/01/26		239		250,352
Halliburton Co., 3.80%, 11/15/25^(h)		7		7,698
Pioneer Energy Services Corp.^(b)(d)(i)
(11.00% Cash or 11.00% PIK), 11.00%, 05/15/25 .		110		110,164
(5.00% PIK), 5.00%, 11/15/25		78		77,752


Security	Par (000)		Value

Energy Equipment & Services (continued)
TechnipFMC PLC, 6.50%, 02/01/26^(b)		USD 321	$	335,876
USA Compression Partners LP/USA Compression Finance Corp.
6.88%, 04/01/26		336		344,610
6.88%, 09/01/27^(h)		632		650,960

				2,639,474

Environmental, Maintenance, & Security Service — 0.5%
Clean Harbors, Inc.^(b)(h)
4.88%, 07/15/27		250		263,750
5.13%, 07/15/29		172		182,601
Covanta Holding Corp., 5.00%, 09/01/30		139		140,390
GFL Environmental, Inc.^(b)
4.25%, 06/01/25		86		88,580
3.75%, 08/01/25		266		269,990
5.13%, 12/15/26^(h)		563		593,261
8.50%, 05/01/27		233		256,591
4.00%, 08/01/28		337		326,048
3.50%, 09/01/28		198		192,060
Stericycle, Inc., 3.88%, 01/15/29^(b)		162		159,975
Tervita Corp., 11.00%, 12/01/25^(b)		191		216,785
Waste Pro USA, Inc., 5.50%, 02/15/26^(b)(h)		471		482,186

				3,172,217

Equity Real Estate Investment Trusts (REITs) — 1.5%
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL, 5.75%, 05/15/26^(b)		141		145,160
ERP Operating LP, 3.38%, 06/01/25^(h)		1,015		1,099,806
Global Net Lease, Inc./Global Net Lease Operating Partnership LP, 3.75%, 12/15/27^(b)		219		213,465
Iron Mountain, Inc.^(b)(h)
5.25%, 07/15/30		554		571,617
5.63%, 07/15/32		372		388,740
LMIRT Capital Pte Ltd., 7.25%, 06/19/24		229		233,795
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc.
5.63%, 05/01/24^(h)		1,334		1,431,873
4.63%, 06/15/25^(b)		455		479,888
4.50%, 09/01/26^(h)		637		666,678
5.75%, 02/01/27		27		29,766
4.50%, 01/15/28		432		446,990
3.88%, 02/15/29^(b)		308		306,806
MPT Operating Partnership LP/MPT Finance Corp.^(h)
5.00%, 10/15/27		66		69,432
4.63%, 08/01/29		399		419,760
3.50%, 03/15/31		813		797,813
RHP Hotel Properties LP/RHP Finance Corp.
4.75%, 10/15/27^(h)		604		618,266
4.50%, 02/15/29^(b)		179		179,711
Starwood Property Trust, Inc., 5.00%, 12/15/21		234		237,218
Trust Fibra Uno, 6.95%, 01/30/44		200		232,063
Ventas Realty LP, 4.13%, 01/15/26^(h)		650		728,393

				9,297,240

Food & Staples Retailing — 1.5%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC
5.75%, 03/15/25		11		11,360
3.25%, 03/15/26^(b)(h)		582		579,771


Security	Par (000)		Value

Food & Staples Retailing (continued)
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC (continued)
7.50%, 03/15/26^(b)(h)		USD 107	$	118,194
4.63%, 01/15/27^(b)(h)		766		793,917
5.88%, 02/15/28^(b)		320		341,200
4.88%, 02/15/30^(b)		138		141,864
BRF GmbH, 4.35%, 09/29/26		200		204,562
Cydsa SAB de CV, 6.25%, 10/04/27^(b)		252		263,970
Grupo KUO SAB de CV, 5.75%, 07/07/27^(b)		200		209,812
Health & Happiness H&H International Holdings Ltd., 5.63%, 10/24/24		200		208,500
Kraft Heinz Foods Co.
4.25%, 03/01/31^(h)		604		664,965
5.00%, 07/15/35		127		146,171
6.88%, 01/26/39^(h)		233		320,977
4.63%, 10/01/39		77		83,192
6.50%, 02/09/40		155		202,415
5.00%, 06/04/42		129		145,177
5.20%, 07/15/45		351		405,951
4.38%, 06/01/46^(h)		410		428,601
4.88%, 10/01/49^(h)		906		1,016,181
5.50%, 06/01/50^(h)		1,186		1,451,903
Lamb Weston Holdings, Inc., 4.88%, 05/15/28^(b)(h)		241		260,232
Picard Groupe SAS, (3 mo. EURIBOR + 3.00%), 3.00%, 11/30/23^(a)		EUR 100		117,105
Post Holdings, Inc.^(b)
5.75%, 03/01/27		USD 253		266,095
5.63%, 01/15/28		73		76,813
5.50%, 12/15/29^(h)		230		246,284
4.63%, 04/15/30^(h)		170		170,425
4.50%, 09/15/31		61		60,329
U.S. Foods, Inc., 4.75%, 02/15/29^(b)		301		301,000

				9,236,966

Food Products^(b)— 0.7%
Aramark Services, Inc.^(h)
5.00%, 04/01/25		623		637,796
6.38%, 05/01/25		243		257,580
5.00%, 02/01/28		658		682,839
Chobani LLC/Chobani Finance Corp., Inc.^(h)
7.50%, 04/15/25		512		532,966
4.63%, 11/15/28		242		246,840
Grupo Bimbo SAB de CV, (5 year CMT + 3.28%), 5.95%^(a)(m)		200		211,500
JBS USA LUX SA/JBS USA Finance, Inc., 6.75%, 02/15/28		361		394,393
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., 6.50%, 04/15/29^(h)		492		555,714
MHP Lux SA, 6.25%, 09/19/29		200		198,250
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed, 4.63%, 03/01/29		284		286,491

				4,004,369

Gas Utilities — 0.0%
Superior Plus LP/Superior General Partner, Inc.,
4.50%, 03/15/29^(b)		133		134,357

Health Care Equipment & Supplies^(b)— 0.5%
Avantor Funding, Inc., 4.63%, 07/15/28^(h)		959		1,001,541


Security	Par (000)		Value

Health Care Equipment & Supplies (continued)
Hologic, Inc., 3.25%, 02/15/29		USD 87	$	85,913
Ortho-Clinical Diagnostics, Inc./Ortho-Clinical Diagnostics SA^(h)
7.38%, 06/01/25		353		379,510
7.25%, 02/01/28		1,479		1,620,481

				3,087,445

Health Care Providers & Services — 3.8%
Acadia Healthcare Co., Inc.^(b)
5.50%, 07/01/28		204		214,761
5.00%, 04/15/29		171		177,450
AdaptHealth LLC^(b)
6.13%, 08/01/28		147		155,820
4.63%, 08/01/29		105		104,475
AHP Health Partners, Inc., 9.75%, 07/15/26^(b)		353		382,564
Anthem, Inc., 2.75%, 10/15/42^(k)		128		641,446
Centene Corp.
4.25%, 12/15/27^(h)		517		543,820
4.63%, 12/15/29^(h)		1,590		1,720,865
3.00%, 10/15/30		423		422,298
2.50%, 03/01/31		818		781,206
CHS/Community Health Systems, Inc.^(b)
8.13%, 06/30/24		143		150,014
6.63%, 02/15/25^(h)		703		742,108
8.00%, 03/15/26^(h)		1,265		1,367,844
5.63%, 03/15/27		653		684,017
6.00%, 01/15/29		536		566,820
DaVita, Inc., 4.63%, 06/01/30^(b)		154		156,904
Encompass Health Corp.
4.75%, 02/01/30		200		205,740
4.63%, 04/01/31		102		105,570
HCA, Inc.
5.38%, 02/01/25^(h)		490		546,602
5.88%, 02/15/26		46		52,728
5.38%, 09/01/26^(h)		430		484,825
5.63%, 09/01/28^(h)		692		795,800
5.88%, 02/01/29^(h)		516		601,140
3.50%, 09/01/30^(h)		717		723,073
5.50%, 06/15/47^(h)		650		808,466
Legacy LifePoint Health LLC^(b)
6.75%, 04/15/25		190		201,875
4.38%, 02/15/27		217		212,660
LifePoint Health, Inc., 5.38%, 01/15/29^(b)		238		234,430
ModivCare, Inc., 5.88%, 11/15/25^(b)		71		74,728
Molina Healthcare, Inc.^(b)
4.38%, 06/15/28		336		345,731
3.88%, 11/15/30		280		288,050
Prime Healthcare Services, Inc., 7.25%, 11/01/25^(b)		174		185,745
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/01/26^(b)		53		57,373
Surgery Center Holdings, Inc.^(b)(h)
6.75%, 07/01/25		611		624,564
10.00%, 04/15/27		676		745,290
Teleflex, Inc.
4.88%, 06/01/26		87		89,175
4.63%, 11/15/27		58		61,408
4.25%, 06/01/28^(b)(h)		368		381,340
Tenet Healthcare Corp.
4.63%, 07/15/24^(h)		514		524,635


Security	Par (000)		Value

Health Care Providers & Services (continued)
Tenet Healthcare Corp. (continued)
4.63%, 09/01/24^(b)(h)		USD 367	$	377,551
7.50%, 04/01/25^(b)		163		175,986
4.88%, 01/01/26^(b)(h)		1,596		1,659,457
6.25%, 02/01/27^(b)(h)		91		96,084
5.13%, 11/01/27^(b)(h)		959		1,002,826
4.63%, 06/15/28^(b)		81		83,023
6.13%, 10/01/28^(b)(h)		430		448,813
UnitedHealth Group, Inc., 3.75%, 07/15/25^(h)		1,470		1,628,023
Vizient, Inc., 6.25%, 05/15/27^(b)		407		431,929

				23,067,052

Health Care Technology — 0.6%
Catalent Pharma Solutions, Inc.
5.00%, 07/15/27^(b)(h)		365		382,338
2.38%, 03/01/28		EUR 100		116,708
3.13%, 02/15/29^(b)		USD 180		172,800
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25^(b)(h)		791		806,306
Charles River Laboratories International, Inc.^(b)
4.25%, 05/01/28		159		163,770
4.00%, 03/15/31		98		99,622
IQVIA, Inc.^(b)(h)
5.00%, 10/15/26		463		480,941
5.00%, 05/15/27		637		672,541
Mednax, Inc., 6.25%, 01/15/27^(b)		245		261,979
Syneos Health, Inc., 3.63%, 01/15/29^(b)(h)		465		452,213
Synlab Bondco PLC, (3 mo. EURIBOR + 4.75%), 4.75%, 07/01/25^(a)		EUR 100		118,813

				3,728,031

Hotels, Restaurants & Leisure — 4.7%
1011778 BC ULC/New Red Finance, Inc.^(b)
5.75%, 04/15/25		USD 207		219,937
3.88%, 01/15/28		362		365,888
4.38%, 01/15/28		302		303,425
Accor SA
0.70%, 12/07/27		EUR 32		20,007
(5 year EUR Swap + 4.56%), 4.38%^(a)(m)		100		120,946
Boyd Gaming Corp.
8.63%, 06/01/25^(b)		USD 97		107,864
6.38%, 04/01/26		146		150,745
6.00%, 08/15/26		112		116,612
4.75%, 12/01/27		179		182,442
Boyne USA, Inc., 7.25%, 05/01/25^(b)(h)		254		264,033
Caesars Entertainment, Inc.^(b)(h)
6.25%, 07/01/25		1,466		1,562,778
8.13%, 07/01/27		1,308		1,442,390
Caesars Resort Collection LLC/CRC Finco, Inc., 5.75%, 07/01/25^(b)(h)		478		504,433
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op, 5.50%, 05/01/25^(b)(h)		504		530,480
Champion Path Holdings Ltd.
4.50%, 01/27/26		232		241,207
4.85%, 01/27/28		231		241,291
Churchill Downs, Inc.^(b)
5.50%, 04/01/27^(h)		899		939,635
4.75%, 01/15/28		358		370,256
Cirsa Finance International Sarl, 4.75%, 05/22/25		EUR 100		113,166


Security	Par (000)		Value

Hotels, Restaurants & Leisure (continued)
Fortune Star BVI Ltd.
5.95%, 01/29/23		USD 200	$	204,625
6.75%, 07/02/23		250		261,953
5.95%, 10/19/25		475		496,375
5.05%, 01/27/27		200		200,560
Golden Nugget, Inc., 6.75%, 10/15/24^(b)(h)		1,462		1,478,331
Hilton Domestic Operating Co., Inc.
5.38%, 05/01/25^(b)		145		152,830
5.75%, 05/01/28^(b)		99		106,551
4.88%, 01/15/30^(h)		952		1,009,882
4.00%, 05/01/31^(b)		233		233,000
International Game Technology PLC, 3.50%, 06/15/26		EUR 100		119,674
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC, 5.25%, 06/01/26^(b)(h)		USD 368		379,253
Marriott International, Inc., Series EE, 5.75%, 05/01/25		178		204,254
Marriott Ownership Resorts, Inc./ILG LLC, 6.50%, 09/15/26		40		41,775
McDonald’s Corp., 3.70%, 01/30/26^(h)		405		446,355
Melco Resorts Finance Ltd., 5.25%, 04/26/26		250		257,891
Merlin Entertainments PLC, 5.75%, 06/15/26^(b)		200		211,500
MGM China Holdings Ltd., 5.88%, 05/15/26		250		261,719
MGM Resorts International
7.75%, 03/15/22^(h)		575		605,705
6.00%, 03/15/23^(h)		416		445,640
5.75%, 06/15/25		29		31,610
Powdr Corp., 6.00%, 08/01/25^(b)		229		241,332
Scientific Games International, Inc.
8.63%, 07/01/25^(b)		203		220,702
5.00%, 10/15/25^(b)(h)		867		897,952
3.38%, 02/15/26		EUR 100		117,153
8.25%, 03/15/26^(b)(h)		USD 565		605,962
7.00%, 05/15/28^(b)		174		185,938
7.25%, 11/15/29^(b)		51		55,335
Six Flags Theme Parks, Inc., 7.00%, 07/01/25^(b)(h)		753		814,181
Spirit Issuer PLC, Series A5, 5.47%, 12/28/34		GBP4,500		6,886,064
Stonegate Pub Co. Financing PLC, 8.25%, 07/31/25		100		145,442
Studio City Finance Ltd., 6.00%, 07/15/25		USD 346		364,395
Vail Resorts, Inc., 6.25%, 05/15/25^(b)		154		164,203
Wyndham Hotels & Resorts, Inc., 4.38%, 08/15/28^(b)		158		159,817
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 05/15/27^(b)		192		201,049
Wynn Macau Ltd.
5.50%, 01/15/26		347		360,880
5.50%, 10/01/27		200		207,750
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.^(b)
7.75%, 04/15/25		239		259,096
5.13%, 10/01/29^(h)		748		765,578
Yum! Brands, Inc.
7.75%, 04/01/25^(b)(h)		395		432,031
4.75%, 01/15/30^(b)(h)		279		294,987
3.63%, 03/15/31		96		92,280
5.35%, 11/01/43		71		74,905

				28,494,050


Security	Par (000)		Value

Household Durables — 0.6%
Brookfield Residential Properties, Inc./Brookfield Residential U.S. Corp., 4.88%, 02/15/30^(b)		USD 412	$	412,256
CD&R Smokey Buyer, Inc., 6.75%, 07/15/25^(b)		232		248,820
Controladora Mabe SA de CV, 5.60%, 10/23/28^(b)		200		232,500
K Hovnanian Enterprises, Inc., 7.75%, 02/15/26^(b)		307		328,490
Lennar Corp., 4.75%, 05/30/25		4		4,455
Mattamy Group Corp., 4.63%, 03/01/30^(b)		233		231,434
Meritage Homes Corp., 5.13%, 06/06/27		50		54,875
Modern Land China Co. Ltd., 9.80%, 04/11/23		231		220,605
NCR Corp.^(b)
5.75%, 09/01/27		220		232,788
5.00%, 10/01/28		110		111,100
5.13%, 04/15/29^(c)		185		186,388
6.13%, 09/01/29		92		97,405
5.25%, 10/01/30		111		112,401
Taylor Morrison Communities, Inc.^(b)
5.88%, 06/15/27		245		270,725
5.13%, 08/01/30		54		57,375
Tempur Sealy International, Inc.
5.50%, 06/15/26		180		186,525
4.00%, 04/15/29^(b)		308		306,460
Toll Brothers Finance Corp., 4.35%, 02/15/28		12		12,975
TRI Pointe Group, Inc./TRI Pointe Homes, Inc., 5.88%, 06/15/24		11		12,155
Tri Pointe Homes, Inc., 5.25%, 06/01/27		15		16,050

				3,335,782

Household Products — 0.0%
Berkline Benchcraft LLC, 4.50%, 06/01/21^(a)(d)(f)(j)		200		—
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc., 5.00%, 12/31/26^(b)		72		72,000

				72,000

Independent Power and Renewable Electricity Producers — 1.2%
Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energy, 6.25%, 12/10/24		200		220,187
Azure Power Solar Energy Pvt Ltd., 5.65%, 12/24/24		200		211,437
Calpine Corp.^(b)
5.25%, 06/01/26^(h)		481		494,588
4.50%, 02/15/28^(h)		494		498,150
5.13%, 03/15/28^(h)		1,275		1,280,929
4.63%, 02/01/29^(h)		230		224,087
5.00%, 02/01/31		222		216,672
3.75%, 03/01/31		5		4,766
Clearway Energy Operating LLC, 4.75%, 03/15/28^(b)(h)		287		298,592
Continuum Energy Levanter Pte Ltd., 4.50%, 02/09/27^(b)		200		203,000
Greenko Dutch BV
5.25%, 07/24/24		200		207,375
3.85%, 03/29/26		200		200,688
Greenko Mauritius Ltd., 6.25%, 02/21/23		200		205,687
Greenko Solar Mauritius Ltd., 5.95%, 07/29/26		200		213,375
India Green Energy Holdings
5.38%, 04/29/24^(b)		250		259,687
5.38%, 04/29/24		250		259,687
NRG Energy, Inc.
6.63%, 01/15/27^(h)		745		774,800
5.75%, 01/15/28		63		66,938


Security	Par (000)		Value

Independent Power and Renewable Electricity Producers (continued)
NRG Energy, Inc. (continued)
5.25%, 06/15/29^(b)(h)		USD 253	$	270,710
3.63%, 02/15/31^(b)		299		291,525
ReNew Power Pvt Ltd., 5.88%, 03/05/27		200		212,187
ReNew Power Synthetic, 6.67%, 03/12/24		200		210,125
TerraForm Power Operating LLC^(b)
4.25%, 01/31/23		106		109,445
5.00%, 01/31/28		96		103,589
4.75%, 01/15/30		186		193,126

				7,231,352

Insurance — 2.3%
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer^(b)(h)
4.25%, 10/15/27		1,112		1,113,390
6.75%, 10/15/27		1,882		2,003,144
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25^(h)		360		386,235
AmWINS Group, Inc., 7.75%, 07/01/26^(b)		123		131,610
Aon PLC, 3.88%, 12/15/25^(h)		1,115		1,232,083
Asahi Mutual Life Insurance Co., (5 year USD Swap + 4.59%), 6.50%^(a)(m)		306		328,030
Assicurazioni Generali SpA, (3 mo. EURIBOR + 5.35%), 5.50%, 10/27/47^(a)		EUR 100		143,363
AssuredPartners, Inc., 5.63%, 01/15/29^(b)		USD 267		272,073
Global Atlantic Fin Co., 8.63%, 04/15/21^(b)(h)		750		751,662
GTCR AP Finance, Inc., 8.00%, 05/15/27^(b)		379		406,951
HUB International Ltd., 7.00%, 05/01/26^(b)(h)		1,226		1,273,091
Lincoln National Corp., 3.35%, 03/09/25^(h)		845		914,414
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, (3 mo. EURIBOR + 3.50%), 6.00%, 05/26/41^(a)		EUR 400		472,844
Nationwide Building Society, (5 year USD ICE Swap + 1.85%), 4.13%, 10/18/32^(a)(b)(h)		USD 595		641,847
Unipol Gruppo SpA, 3.25%, 09/23/30		EUR 100		124,035
Voya Financial, Inc., (3 mo. LIBOR US + 3.58%), 5.65%, 05/15/53^(a)(h)		USD3,500		3,743,679

				13,938,451

Interactive Media & Services — 0.7%
21Vianet Group, Inc., 7.88%, 10/15/21		200		203,500
Arches Buyer, Inc., 4.25%, 06/01/28^(b)		110		109,802
Cablevision Lightpath LLC^(b)
3.88%, 09/15/27		200		198,000
5.63%, 09/15/28		400		405,880
Netflix, Inc.
3.63%, 06/15/25^(b)		96		102,319
4.88%, 04/15/28		109		123,306
5.88%, 11/15/28^(h)		730		882,985
6.38%, 05/15/29		34		42,160
5.38%, 11/15/29^(b)(h)		827		977,969
3.63%, 06/15/30		EUR 100		137,089
4.88%, 06/15/30^(b)(h)		USD 467		537,769
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc., 6.00%, 02/15/28^(b)		245		244,387
Twitter, Inc., 3.88%, 12/15/27^(b)		177		185,583
United Group BV, 4.00%, 11/15/27		EUR 100		115,818

				4,266,567

Internet Software & Services^(b)— 0.9%
Booking Holdings, Inc., 0.75%, 05/01/25^(k)		USD 480		705,600


Security	Par (000)		Value

Internet Software & Services (continued)
Expedia Group, Inc.
3.60%, 12/15/23		USD 325	$	345,915
6.25%, 05/01/25		145		167,723
Go Daddy Operating Co. LLC/GD Finance Co., Inc.
5.25%, 12/01/27		303		320,423
3.50%, 03/01/29		125		122,813
Match Group Holdings II LLC
4.63%, 06/01/28		157		160,416
5.63%, 02/15/29		177		189,833
4.13%, 08/01/30		198		198,556
Uber Technologies, Inc.
7.50%, 05/15/25^(h)		890		960,461
0.00%, 12/15/25^(k)(l)		683		717,577
8.00%, 11/01/26^(h)		311		336,657
7.50%, 09/15/27^(h)		567		626,297
6.25%, 01/15/28^(h)		318		346,366

				5,198,637

IT Services — 1.3%
Austin BidCo, Inc., 7.13%, 12/15/28^(b)		72		73,260
Banff Merger Sub, Inc., 9.75%, 09/01/26^(b)(h)		1,533		1,632,645
Booz Allen Hamilton, Inc., 3.88%, 09/01/28^(b)(h)		363		364,906
Camelot Finance SA, 4.50%, 11/01/26^(b)(h)		564		583,131
Castle US Holding Corp., 9.50%, 02/15/28^(b)		534		544,680
Dun & Bradstreet Corp.^(b)(h)
6.88%, 08/15/26		597		637,417
10.25%, 02/15/27		297		331,526
Fair Isaac Corp., 4.00%, 06/15/28^(b)		169		173,318
Gartner, Inc.^(b)
4.50%, 07/01/28		296		305,250
3.75%, 10/01/30^(h)		416		412,560
Presidio Holdings, Inc., 4.88%, 02/01/27^(b)		293		300,331
Rackspace Technology Global, Inc., 5.38%, 12/01/28^(b)		426		433,167
Science Applications International Corp., 4.88%, 04/01/28^(b)(h)		254		262,572
Tempo Acquisition LLC/Tempo Acquisition Finance Corp.^(b)
5.75%, 06/01/25		243		256,669
6.75%, 06/01/25^(h)		934		954,431
Twilio, Inc., 3.88%, 03/15/31		127		129,713
ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/29^(b)		252		247,144

				7,642,720

Leisure Products — 0.2%
Mattel, Inc.
6.75%, 12/31/25^(b)(h)		295		310,178
5.88%, 12/15/27^(b)		293		321,661
3.75%, 04/01/29^(b)		103		103,644
6.20%, 10/01/40		67		78,558
5.45%, 11/01/41		91		99,417

				913,458

Machinery — 0.8%
ATS Automation Tooling Systems, Inc., 4.13%, 12/15/28^(b)		108		107,055
Colfax Corp.^(b)
6.00%, 02/15/24^(h)		432		445,392
6.38%, 02/15/26⁽ⁿ⁾		127		135,096
Husky III Holding Ltd., (13.00% Cash or 13.75% PIK), 13.00%, 02/15/25^(b)(i)		558		606,825


Security	Par (000)		Value

Machinery (continued)
Mueller Water Products, Inc., 5.50%, 06/15/26^(b)		USD 336	$	347,239
RBS Global, Inc./Rexnord LLC, 4.88%, 12/15/25^(b)		353		360,166
Stevens Holding Co., Inc., 6.13%, 10/01/26^(b)		167		179,107
Terex Corp.^(b)
5.63%, 02/01/25^(h)		324		333,114
5.00%, 05/15/29^(c)		298		308,490
Titan Acquisition Ltd./Titan Co-Borrower LLC, 7.75%, 04/15/26^(b)(h)		727		755,135
Vertical Holdco GmbH, 7.63%, 07/15/28^(b)		400		430,100
Vertical Midco GmbH, 4.38%, 07/15/27		EUR 100		123,157
Vertical US Newco, Inc., 5.25%, 07/15/27^(b)(h)		USD 394		412,469

				4,543,345

Media — 8.5%
Altice Financing SA
7.50%, 05/15/26^(b)(h)		1,143		1,194,435
3.00%, 01/15/28		EUR 100		112,132
5.00%, 01/15/28^(b)(h)		USD 378		373,250
Altice France Holding SA^(b)
10.50%, 05/15/27^(h)		1,673		1,881,657
6.00%, 02/15/28		382		376,381
AMC Networks, Inc.
4.75%, 08/01/25		222		227,733
4.25%, 02/15/29		123		119,618
Block Communications, Inc., 4.88%, 03/01/28^(b)		128		130,369
Cable One, Inc.^(b)
1.13%, 03/15/28^(k)		624		628,680
4.00%, 11/15/30		178		176,078
CCO Holdings LLC/CCO Holdings Capital Corp.^(b)
5.13%, 05/01/27^(h)		680		718,974
5.88%, 05/01/27^(h)		349		360,168
5.00%, 02/01/28		34		35,960
5.38%, 06/01/29^(h)		1,202		1,289,145
4.75%, 03/01/30		132		136,785
4.50%, 08/15/30^(h)		1,300		1,324,960
4.25%, 02/01/31^(h)		678		679,505
4.50%, 05/01/32^(h)		734		743,175
Charter Communications Operating LLC/Charter Communications Operating Capital, 4.91%, 07/23/25^(h)		2,425		2,749,093
Clear Channel International BV, 6.63%, 08/01/25^(b)		384		401,322
Clear Channel Outdoor Holdings, Inc., 7.75%, 04/15/28^(b)		487		481,643
Clear Channel Worldwide Holdings, Inc.^(h)
9.25%, 02/15/24		811		843,683
5.13%, 08/15/27^(b)		1,880		1,890,810
Comcast Corp., 3.95%, 10/15/25^(h)		3,000		3,351,421
Connect Finco Sarl/Connect US Finco LLC, 6.75%, 10/01/26^(b)(h)		2,066		2,199,753
CSC Holdings LLC
6.75%, 11/15/21		187		191,909
5.25%, 06/01/24		123		132,686
6.50%, 02/01/29^(b)(h)		865		955,825
5.75%, 01/15/30^(b)(h)		660		695,142
4.13%, 12/01/30^(b)(h)		397		394,332
4.63%, 12/01/30^(b)(h)		1,443		1,419,356
3.38%, 02/15/31^(b)(h)		257		242,222
Diamond Sports Group LLC/Diamond Sports Finance Co., 5.38%, 08/15/26^(b)(h)		590		424,800
Discovery Communications LLC^(h) 3.25%, 04/01/23		1,490		1,556,671


Security	Par (000)		Value

Media (continued)
Discovery Communications LLC^(h) (continued)
3.45%, 03/15/25		USD 170	$	182,490
DISH DBS Corp.
6.75%, 06/01/21^(h)		627		632,016
5.88%, 07/15/22^(h)		1,396		1,458,122
5.00%, 03/15/23		358		373,483
7.75%, 07/01/26^(h)		853		941,486
DISH Network Corp.^(k)
2.38%, 03/15/24		312		299,910
3.38%, 08/15/26		385		370,100
Entercom Media Corp., 6.50%, 05/01/27^(b)		286		295,652
GCI LLC, 4.75%, 10/15/28^(b)		89		91,114
Hughes Satellite Systems Corp., 5.25%, 08/01/26		177		194,787
iHeartCommunications, Inc.
6.38%, 05/01/26		264		280,351
5.25%, 08/15/27^(b)		122		125,490
4.75%, 01/15/28^(b)		78		78,585
Lamar Media Corp., 4.00%, 02/15/30		126		125,650
LCPR Senior Secured Financing DAC^(b)
6.75%, 10/15/27^(h)		400		426,460
5.13%, 07/15/29		568		578,008
Liberty Broadband Corp.^(b)(k)
1.25%, 09/30/50		502		490,956
2.75%, 09/30/50		825		833,589
Ligado Networks LLC, (15.50% PIK), 15.50%, 11/01/23^(b)(i)		435		435,130
Lions Gate Capital Holdings LLC^(b)
6.38%, 02/01/24		25		25,797
5.88%, 11/01/24		171		176,024
Liquid Telecommunications Financing PLC, 5.50%, 09/04/26^(b)		200		210,500
Live Nation Entertainment, Inc.
2.50%, 03/15/23^(k)		473		660,734
4.88%, 11/01/24^(b)		31		31,549
2.00%, 02/15/25^(k)		150		166,125
6.50%, 05/15/27^(b)(h)		966		1,072,260
4.75%, 10/15/27^(b)		91		91,683
3.75%, 01/15/28^(b)		189		186,401
Lorca Telecom Bondco SA, 4.00%, 09/18/27		EUR 100		120,191
Meredith Corp., 6.88%, 02/01/26		USD 45		46,279
Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27^(b)		177		184,027
Network i2i Ltd., (5 year CMT + 4.27%), 5.65%^(a)(m)		520		549,087
Outfront Media Capital LLC/Outfront Media Capital Corp.^(b)
5.00%, 08/15/27^(h)		383		386,830
4.25%, 01/15/29		121		116,489
Qualitytech LP/QTS Finance Corp., 3.88%, 10/01/28^(b)		228		226,860
Radiate Holdco LLC/Radiate Finance, Inc.^(b)(h)
4.50%, 09/15/26		886		895,967
6.50%, 09/15/28		2,011		2,123,515
Sable International Finance Ltd.
5.75%, 09/07/27		270		283,162
5.75%, 09/07/27^(b)		200		210,750
Scripps Escrow II, Inc.^(b)
3.88%, 01/15/29		17		16,703
5.38%, 01/15/31		169		167,733
Sinclair Television Group, Inc., 4.13%, 12/01/30^(b)		273		263,104


Security	Par (000)		Value

Media (continued)
Sirius XM Radio, Inc.^(b)
5.00%, 08/01/27		USD 170	$	178,339
5.50%, 07/01/29^(h)		887		959,069
4.13%, 07/01/30^(h)		310		310,356
Summer BC Holdco B Sarl, 5.75%, 10/31/26		EUR 100		123,368
TEGNA, Inc., 5.50%, 09/15/24^(b)		USD 28		28,455
Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28^(b)		200		210,000
Telesat Canada/Telesat LLC, 4.88%, 06/01/27^(b)		332		332,000
Terrier Media Buyer, Inc., 8.88%, 12/15/27^(b)(h)		654		703,737
Univision Communications, Inc.^(b)
5.13%, 02/15/25		133		134,663
6.63%, 06/01/27		132		140,966
UPCB Finance VII Ltd., 3.63%, 06/15/29		EUR 100		118,443
Videotron Ltd., 5.13%, 04/15/27^(b)		USD 439		463,968
Virgin Media Secured Finance PLC^(b)
5.50%, 08/15/26		200		207,521
5.50%, 05/15/29^(h)		400		424,500
Virgin Media Vendor Financing Notes IV DAC, 5.00%, 07/15/28^(b)(h)		754		767,195
VTR Comunicaciones SpA, 4.38%, 04/15/29^(b)		200		200,800
WMG Acquisition Corp.^(b)
5.50%, 04/15/26		166		170,665
3.88%, 07/15/30		136		137,312
Ziggo Bond Co. BV^(b)
6.00%, 01/15/27		199		207,458
5.13%, 02/28/30		225		230,063
Ziggo BV
4.25%, 01/15/27		EUR 80		97,560
5.50%, 01/15/27^(b)(h)		USD 534		556,027
4.88%, 01/15/30^(b)(h)		200		204,427

				51,771,714

Metals & Mining — 1.8%
ABJA Investment Co. Pte Ltd., 5.95%, 07/31/24		250		269,609
Allegheny Technologies, Inc., 7.88%, 08/15/23		68		73,760
Arconic Corp.^(b)
6.00%, 05/15/25		332		357,825
6.13%, 02/15/28		343		365,295
Big River Steel LLC/BRS Finance Corp., 6.63%, 01/31/29^(b)(h)		1,049		1,142,569
Constellium SE^(b)
5.75%, 05/15/24^(h)		506		512,325
5.88%, 02/15/26^(h)		588		605,934
5.63%, 06/15/28		250		263,812
3.75%, 04/15/29		506		483,776
Freeport-McMoRan, Inc.
4.38%, 08/01/28		433		459,305
5.45%, 03/15/43		929		1,117,587
Gold Fields Orogen Holdings BVI Ltd., 5.13%, 05/15/24^(b)		200		216,813
Grinding Media, Inc./Moly-Cop AltaSteel Ltd., 7.38%, 12/15/23^(b)(h)		371		379,143
HTA Group Ltd., 7.00%, 12/18/25^(b)		200		211,750
JSW Steel Ltd., 5.95%, 04/18/24		200		212,563
Kaiser Aluminum Corp.^(b)
6.50%, 05/01/25		103		109,149
4.63%, 03/01/28		66		67,554
New Gold, Inc., 7.50%, 07/15/27^(b)(h)		545		564,456
Nexa Resources SA, 5.38%, 05/04/27^(b)		237		257,204


Security	Par (000)		Value

Metals & Mining (continued)
Novelis Corp.^(b)(h)
5.88%, 09/30/26	USD	502	$	523,962
4.75%, 01/30/30		881		908,047
Periama Holdings LLC, 5.95%, 04/19/26		200		211,000
thyssenkrupp AG
1.88%, 03/06/23	EUR	43		50,446
2.88%, 02/22/24		84		100,308
Usiminas International Sarl, 5.88%, 07/18/26^(b)	USD	200		210,688
Vale Overseas Ltd.
6.25%, 08/10/26		63		74,702
3.75%, 07/08/30		155		161,185
Vedanta Resources Finance II PLC
8.00%, 04/23/23		313		285,725
13.88%, 01/21/24		200		215,813
8.95%, 03/11/25^(b)		300		286,650
8.95%, 03/11/25		293		279,961

				10,978,916

Multi-line Retail — 0.1%
Future Retail Ltd., 5.60%, 01/22/25		200		164,250
NMG Holding Co., Inc./Neiman Marcus Group LLC, 7.13%, 04/01/26^(b)		396		403,920
Nordstrom, Inc., 8.75%, 05/15/25^(b)		136		153,920

				722,090

Offshore Drilling & Other Services — 0.1%
Applied Materials, Inc., 3.90%, 10/01/25^(h)		285		317,602
Entegris, Inc.^(b)
4.63%, 02/10/26		190		196,650
4.38%, 04/15/28		231		238,195

				752,447

Oil, Gas & Consumable Fuels — 9.0%
Aethon United BR LP/Aethon United Finance Corp., 8.25%, 02/15/26^(b)		648		670,680
Antero Midstream Partners LP/Antero Midstream Finance Corp.^(b)
7.88%, 05/15/26		201		216,180
5.75%, 03/01/27		79		79,017
Antero Resources Corp., 8.38%, 07/15/26^(b)		308		339,570
Apache Corp.
4.88%, 11/15/27		211		216,275
4.38%, 10/15/28		12		11,964
5.10%, 09/01/40		237		231,667
5.25%, 02/01/42		40		39,400
4.75%, 04/15/43		328		304,220
4.25%, 01/15/44		184		165,598
5.35%, 07/01/49		72		68,760
Ascent Resources Utica Holdings LLC/ARU Finance Corp.^(b)
9.00%, 11/01/27		225		285,750
8.25%, 12/31/28		115		119,600
Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/34^(l)		148		108,448
Blue Racer Midstream LLC/Blue Racer Finance Corp., 7.63%, 12/15/25^(b)		168		181,057
Brand Industrial Services, Inc., 8.50%, 07/15/25^(b)(h)		498		501,884
Buckeye Partners LP
4.13%, 03/01/25^(b)(h)		262		267,316
4.50%, 03/01/28^(b)(h)		306		306,765
5.85%, 11/15/43		145		140,848


Security	Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Buckeye Partners LP (continued)
5.60%, 10/15/44	USD	166	$	160,107
Callon Petroleum Co., 9.00%, 04/01/25^(b)		641		650,218
Cellnex Telecom SA, Series CLNX, 0.75%, 11/20/31	EUR	100		112,893
Cenovus Energy, Inc., 5.40%, 06/15/47	USD	113		125,806
Centennial Resource Production LLC
6.88%, 04/01/27^(b)(h)		255		226,950
3.25%, 04/01/28^(k)		436		416,947
Cheniere Energy Partners LP
5.63%, 10/01/26		173		180,906
4.50%, 10/01/29^(h)		529		548,584
4.00%, 03/01/31^(b)		617		627,797
Cheniere Energy, Inc., 4.63%, 10/15/28^(b)(h)		1,311		1,361,526
Chesapeake Energy Corp.^(b)
5.50%, 02/01/26		56		58,290
5.88%, 02/01/29		175		185,500
Citgo Holding, Inc., 9.25%, 08/01/24^(b)		228		226,290
CNX Resources Corp.^(b)
2.25%, 05/01/26^(k)		290		391,877
7.25%, 03/14/27		36		38,668
6.00%, 01/15/29		317		329,420
Colgate Energy Partners III LLC, 7.75%, 02/15/26^(b)		272		266,617
Comstock Resources, Inc.
7.50%, 05/15/25^(b)(h)		160		166,000
9.75%, 08/15/26		103		112,013
6.75%, 03/01/29^(b)		642		658,050
Continental Resources, Inc.
5.00%, 09/15/22		157		157,126
4.50%, 04/15/23		29		30,035
5.75%, 01/15/31^(b)		227		256,478
4.90%, 06/01/44		233		233,005
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.
6.25%, 04/01/23		21		21,004
5.63%, 05/01/27^(b)		249		244,642
6.00%, 02/01/29^(b)		208		204,880
CrownRock LP/CrownRock Finance, Inc., 5.63%, 10/15/25^(b)(h)		1,225		1,249,769
DCP Midstream Operating LP^(b)
6.45%, 11/03/36		226		252,555
6.75%, 09/15/37^(h)		392		437,570
Double Eagle III Midco 1 LLC/Double Eagle Finance Corp., 7.75%, 12/15/25^(b)		692		738,862
Dycom Industries, Inc., 4.50%, 04/15/29^(b)		102		102,255
eG Global Finance PLC
6.75%, 02/07/25^(b)		596		609,410
6.25%, 10/30/25	EUR	142		169,504
8.50%, 10/30/25^(b)	USD	339		361,119
Enbridge, Inc., (3 mo. LIBOR US + 3.64%), 6.25%, 03/01/78^(a)(h)		1,565		1,638,402
Endeavor Energy Resources LP/EER Finance, Inc.^(b)
6.63%, 07/15/25		192		205,198
5.50%, 01/30/26^(h)		815		845,807
5.75%, 01/30/28		386		407,740
Energean Israel Finance Ltd., 4.88%, 03/30/26^(b)		130		131,040
Energy Transfer LP, 3.90%, 07/15/26^(h)		235		252,979


Security	Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
EnLink Midstream LLC
5.63%, 01/15/28^(b)	USD	174	$	168,255
5.38%, 06/01/29		82		76,670
EnLink Midstream Partners LP
4.40%, 04/01/24		240		241,920
4.15%, 06/01/25		17		16,621
4.85%, 07/15/26		115		111,093
5.60%, 04/01/44		197		163,510
5.05%, 04/01/45		32		24,753
EQM Midstream Partners LP
6.00%, 07/01/25^(b)(h)		255		274,444
4.13%, 12/01/26		100		99,250
6.50%, 07/01/27^(b)(h)		364		395,759
4.50%, 01/15/29^(b)		240		233,870
4.75%, 01/15/31^(b)(h)		791		767,270
EQT Corp.
1.75%, 05/01/26^(b)(k)		426		625,709
3.90%, 10/01/27		271		276,420
8.50%, 02/01/30		170		216,801
Genesis Energy LP/Genesis Energy Finance Corp.
5.63%, 06/15/24		169		165,198
6.50%, 10/01/25		46		45,092
7.75%, 02/01/28		118		118,035
Geopark Ltd., 6.50%, 09/21/24^(b)		200		207,312
GMR Hyderabad International Airport Ltd., 4.25%, 10/27/27		200		190,687
Great Western Petroleum LLC/Great Western Finance Corp., 12.00%, 09/01/25^(b)		151		134,390
Harvest Midstream I LP, 7.50%, 09/01/28^(b)		347		372,921
Hess Corp., 4.30%, 04/01/27		50		54,492
Hess Midstream Operations LP, 5.63%, 02/15/26^(b).		210		216,300
Hilcorp Energy I LP/Hilcorp Finance Co.^(b)
5.75%, 02/01/29		293		295,564
6.00%, 02/01/31		147		149,205
Hilong Holding Ltd., 8.25%, 09/26/22^(f)(j)		200		151,938
HPCL-Mittal Energy Ltd., 5.45%, 10/22/26		200		209,250
Impulsora Pipeline LLC, 6.05%, 01/01/43^(d)		1,418		1,369,280
Indigo Natural Resources LLC, 5.38%, 02/01/29^(b)		512		504,428
Leviathan Bond Ltd., 5.75%, 06/30/23^(b)		227		237,543
Matador Resources Co., 5.88%, 09/15/26^(h)		996		969,855
Medco Bell Pte Ltd., 6.38%, 01/30/27		250		252,031
MEG Energy Corp.^(b)
6.50%, 01/15/25^(h)		635		655,923
7.13%, 02/01/27		6		6,285
5.88%, 02/01/29		134		134,335
MPLX LP, 4.25%, 12/01/27		185		207,973
Murphy Oil Corp.
5.75%, 08/15/25		119		118,976
6.38%, 12/01/42		29		26,390
Murphy Oil USA, Inc., 4.75%, 09/15/29		146		153,300
Neptune Energy Bondco PLC, 6.63%, 05/15/25^(b)		200		200,750
New Enterprise Stone & Lime Co., Inc., 6.25%, 03/15/26^(b)		74		75,850
New Fortress Energy, Inc.^(b)
6.75%, 09/15/25^(h)		1,128		1,158,907
6.50%, 09/30/26^(c)		1,038		1,045,785
NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/26^(b)		362		371,955
NGPL PipeCo LLC, 7.77%, 12/15/37^(b)		227		301,089
Northern Oil and Gas, Inc., 8.13%, 03/01/28^(b)(h)		479		476,246


Security	Par (000)			Value

Oil, Gas & Consumable Fuels (continued)
NuStar Logistics LP
6.00%, 06/01/26	USD	163		$	175,728
6.38%, 10/01/30		25			27,031
Occidental Petroleum Corp.
2.70%, 08/15/22^(h)		430			430,161
2.70%, 02/15/23		140			139,681
6.95%, 07/01/24		63			69,129
2.90%, 08/15/24^(h)		466			460,893
5.50%, 12/01/25		136			143,820
3.40%, 04/15/26		68			66,028
3.20%, 08/15/26		16			15,352
3.00%, 02/15/27		4			3,764
8.88%, 07/15/30		34			42,874
6.13%, 01/01/31^(h)		477			526,703
4.30%, 08/15/39^(h)		482			408,741
6.20%, 03/15/40^(h)		909			933,997
4.50%, 07/15/44		428			364,819
4.63%, 06/15/45^(h)		498			435,800
6.60%, 03/15/46		26			27,693
4.40%, 04/15/46^(h)		432			369,982
4.10%, 02/15/47		64			51,281
4.20%, 03/15/48^(h)		296			240,530
4.40%, 08/15/49		104			86,972
Odebrecht Offshore Drilling Finance Ltd., (7.72% PIK), 7.72%, 12/01/26^(b)(i)		—	^(o)		29
Oil and Gas Holding Co., 7.63%, 11/07/24		200			222,562
Ovintiv Exploration, Inc.
5.75%, 01/30/22		89			91,917
5.38%, 01/01/26		33			36,367
Ovintiv, Inc.
7.38%, 11/01/31		59			75,048
6.50%, 08/15/34		240			290,560
Parkland Corp., 4.50%, 10/01/29^(b)(c)		286			286,357
Parsley Energy LLC/Parsley Finance Corp.^(b)
5.63%, 10/15/27		271			293,696
4.13%, 02/15/28		281			297,509
PBF Holding Co. LLC/PBF Finance Corp., 9.25%, 05/15/25^(b)		611			623,800
PDC Energy, Inc.
1.13%, 09/15/21^(k)		922			913,932
6.13%, 09/15/24		151			154,945
6.25%, 12/01/25		122			122,610
5.75%, 05/15/26		235			243,754
Pertamina Persero PT, 3.65%, 07/30/29		202			211,342
Petrobras Global Finance BV
5.30%, 01/27/25^(h)		500			548,750
5.60%, 01/03/31		321			338,334
Petroleos Mexicanos
6.35%, 02/12/48		41			33,774
6.95%, 01/28/60		125			106,719
Pioneer Natural Resources Co., 0.25%, 05/15/25^(b)(k)		571			894,186
Puma International Financing SA, 5.13%, 10/06/24^(b)		200			199,937
Range Resources Corp, 9.25%, 02/01/26		62			67,364
Range Resources Corp.
5.88%, 07/01/22		44			44,220
5.00%, 08/15/22		252			256,460
5.00%, 03/15/23^(h)		189			192,071
4.88%, 05/15/25		14			13,860


Security	Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Range Resources Corp. (continued)
8.25%, 01/15/29^(b)	USD	148	$	158,360
Rattler Midstream LP, 5.63%, 07/15/25^(b)		239		249,545
Saudi Arabian Oil Co., 2.25%, 11/24/30^(b)		442		424,121
SM Energy Co.
6.13%, 11/15/22		19		18,734
5.00%, 01/15/24		14		13,167
10.00%, 01/15/25^(b)(h)		914		1,028,250
Southwestern Energy Co.
4.10%, 03/15/22		252		252,000
6.45%, 01/23/25		125		134,178
7.50%, 04/01/26		51		53,959
8.38%, 09/15/28		127		139,383
Sunoco Logistics Partners Operations LP
5.30%, 04/01/44		315		331,848
5.40%, 10/01/47		136		146,852
Sunoco LP/Sunoco Finance Corp.
5.50%, 02/15/26		33		33,901
6.00%, 04/15/27		63		65,914
5.88%, 03/15/28		124		129,782
4.50%, 05/15/29^(b)		118		117,558
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., 5.50%, 09/15/24^(b)(h)		462		468,930
Targa Resources Partners LP/Targa Resources Partners Finance Corp.
5.88%, 04/15/26		304		318,250
5.38%, 02/01/27		2		2,074
6.50%, 07/15/27		195		211,903
5.00%, 01/15/28		359		373,809
6.88%, 01/15/29^(h)		521		573,986
5.50%, 03/01/30		364		382,200
4.88%, 02/01/31^(b)		93		94,232
Teine Energy Ltd., 6.88%, 04/15/29^(b)(c)		175		177,118
Transcontinental Gas Pipe Line Co. LLC, 4.00%, 03/15/28^(h)		280		310,876
Transocean, Inc., 11.50%, 01/30/27^(b)		171		146,670
Vine Energy Holdings LLC, 6.75%, 04/15/29		556		556,000
Vine Oil & Gas LP/Vine Oil & Gas Finance Corp., 8.75%, 04/15/23^(b)		58		61,741
Viper Energy Partners LP, 5.38%, 11/01/27^(b)		182		189,280
Western Midstream Operating LP
3.95%, 06/01/25		181		185,889
4.75%, 08/15/28		37		38,665
5.45%, 04/01/44		339		347,644
5.30%, 03/01/48		346		347,225
5.50%, 08/15/48		83		81,682
6.50%, 02/01/50		779		842,294

				54,507,570

Personal Products — 0.0%
Coty, Inc., 4.00%, 04/15/23		EUR100		114,597
Edgewell Personal Care Co., 5.50%, 06/01/28^(b)		USD113		119,328

				233,925

Pharmaceuticals — 1.7%
Bausch Health Americas, Inc., 8.50%, 01/31/27^(b)(h)		973		1,079,422
Bausch Health Cos., Inc.^(b)
6.13%, 04/15/25^(h)		89		91,243
9.00%, 12/15/25^(h)		300		325,941
5.75%, 08/15/27		145		156,056
7.00%, 01/15/28		366		397,311


Security	Par (000)		Value

Pharmaceuticals (continued)
Bausch Health Cos., Inc.^(b)(continued)
5.00%, 01/30/28	USD	214	$	216,675
5.00%, 02/15/29		523		519,404
6.25%, 02/15/29^(h)		529		562,306
7.25%, 05/30/29^(h)		498		555,893
5.25%, 01/30/30		828		832,306
5.25%, 02/15/31		292		290,604
Cheplapharm Arzneimittel GmbH, 4.38%, 01/15/28		EUR100		122,547
CVS Health Corp., 4.75%, 12/01/22^(h)		USD165		174,604
Elanco Animal Health, Inc., 5.90%, 08/28/28		156		176,865
Endo Dac/Endo Finance LLC/Endo Finco, Inc.^(b)
9.50%, 07/31/27		793		861,396
6.00%, 06/30/28		323		261,630
Endo Luxembourg Finance Co. I Sarl/Endo US, Inc., 6.13%, 04/01/29^(b)		481		485,209
Jaguar Holding Co. II/PPD Development LP^(b)(h)
4.63%, 06/15/25		425		443,403
5.00%, 06/15/28		589		613,443
Nidda BondCo GmbH, 7.25%, 09/30/25		EUR100		121,369
Nidda Healthcare Holding GmbH, 3.50%, 09/30/24		100		117,856
P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/25^(b)		USD222		237,540
Par Pharmaceutical, Inc., 7.50%, 04/01/27^(b)(h)		1,297		1,375,663
Prestige Brands, Inc., 3.75%, 04/01/31^(b)		149		142,109
Teva Pharmaceutical Finance Netherlands II BV, 6.00%, 01/31/25		EUR100		129,107

				10,289,902

Real Estate Management & Development — 4.3%
Adler Real Estate AG, 3.00%, 04/27/26		100		122,530
Agile Group Holdings Ltd.
6.05%, 10/13/25		USD200		206,813
(5 year CMT + 11.08%), 7.75%^(a)(m)		400		410,000
Arabian Centres Sukuk Ltd., 5.63%, 10/07/26		260		260,000
Central China Real Estate Ltd.
6.88%, 08/08/22		200		194,938
7.25%, 04/24/23		200		189,000
CFLD Cayman Investment Ltd.^(f)(j)
8.63%, 02/28/21		200		76,438
8.75%, 09/28/22		200		73,563
6.90%, 01/13/23		200		73,938
8.60%, 04/08/24		200		73,938
China Aoyuan Group Ltd.
7.50%, 05/10/21		200		199,994
7.95%, 02/19/23		450		464,625
6.35%, 02/08/24		400		400,875
6.20%, 03/24/26		200		191,563
China Evergrande Group
8.25%, 03/23/22		200		190,626
9.50%, 04/11/22		200		192,125
11.50%, 01/22/23		450		423,281
12.00%, 01/22/24		250		231,641
China SCE Group Holdings Ltd.
7.25%, 04/19/23		200		205,813
7.38%, 04/09/24		400		411,375
7.00%, 05/02/25		255		258,187
CIFI Holdings Group Co. Ltd.
6.55%, 03/28/24		200		212,250
6.45%, 11/07/24		200		212,562
6.00%, 07/16/25		200		212,250
5.25%, 05/13/26		335		343,789


Security	Par (000)		Value

Real Estate Management & Development (continued)
Consus Real Estate AG, 9.63%, 05/15/24	EUR	100	$	123,620
Country Garden Holdings Co. Ltd.
6.50%, 04/08/24		USD200		213,875
6.15%, 09/17/25		200		221,687
5.13%, 01/14/27		200		212,187
Cushman & Wakefield U.S. Borrower LLC, 6.75%, 05/15/28^(b)		322		348,162
Easy Tactic Ltd.
9.13%, 07/28/22		400		398,625
8.13%, 02/27/23		200		191,000
8.63%, 02/27/24		200		185,500
Fantasia Holdings Group Co. Ltd.
11.75%, 04/17/22		200		203,840
11.88%, 06/01/23		200		197,375
9.25%, 07/28/23		200		184,375
9.88%, 10/19/23		200		184,750
Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25^(b)(h)		389		406,554
Global Prime Capital Pte Ltd., 5.50%, 10/18/23		200		203,188
Greenland Global Investment Ltd.
5.60%, 11/13/22		200		177,625
6.25%, 12/16/22		200		191,438
Greystar Real Estate Partners LLC, 5.75%, 12/01/25^(b)		100		102,750
Heimstaden Bostad AB, (5 year EUR Swap + 3.67%), 3.25%^(a)(m)		EUR100		120,788
Hopson Development Holdings Ltd., 7.50%, 06/27/22		USD200		204,188
Howard Hughes Corp.^(b)
5.38%, 08/01/28		342		359,527
4.13%, 02/01/29		184		179,900
4.38%, 02/01/31		214		209,586
Kaisa Group Holdings Ltd.
11.95%, 10/22/22		200		209,812
11.50%, 01/30/23		200		206,688
10.88%, 07/23/23		600		622,875
9.38%, 06/30/24		400		384,500
KWG Group Holdings Ltd.
7.88%, 08/09/21		200		202,938
7.88%, 09/01/23		200		206,250
7.40%, 03/05/24		200		209,687
5.88%, 11/10/24		231		233,815
Logan Group Co. Ltd.
6.50%, 07/16/23		200		205,000
6.90%, 06/09/24		200		211,812
5.75%, 01/14/25		200		209,937
4.50%, 01/13/28		200		194,000
MAF Sukuk Ltd., 4.64%, 05/14/29		275		304,648
New Metro Global Ltd.
6.80%, 08/05/23		200		209,875
4.80%, 12/15/24		280		282,100
Powerlong Real Estate Holdings Ltd., 7.13%, 11/08/22		200		208,437
Realogy Group LLC/Realogy Co-Issuer Corp., 5.75%, 01/15/29^(b)		257		253,466
Redsun Properties Group Ltd.
9.95%, 04/11/22		200		206,812
7.30%, 01/13/25		400		385,875
RKPF Overseas Ltd.
Series 2019-A, 6.70%, 09/30/24		513		545,383


Security	Par (000)		Value

Real Estate Management & Development (continued)
RKPF Overseas Ltd. (continued)
Series 2019-A, 6.00%, 09/04/25	USD	200	$	207,437
Series 2020-A, 5.20%, 01/12/26		232		234,537
Ronshine China Holdings Ltd.
11.25%, 08/22/21		200		202,500
10.50%, 03/01/22		200		204,375
8.95%, 01/22/23		200		200,563
7.35%, 12/15/23		200		189,125
Scenery Journey Ltd.
11.50%, 10/24/22		219		200,248
13.00%, 11/06/22		200		186,375
12.00%, 10/24/23		200		176,250
Seazen Group Ltd.
6.45%, 06/11/22		200		205,438
6.00%, 08/12/24		202		213,110
Shimao Group Holdings Ltd.
5.60%, 07/15/26		200		216,125
3.45%, 01/11/31		200		190,188
Shui On Development Holding Ltd.
5.75%, 11/12/23		200		205,438
6.15%, 08/24/24		200		208,187
5.50%, 03/03/25		209		210,763
Sino-Ocean Land Treasure III Ltd., (5 year CMT + 3.26%), 4.90%^(a)(m)		200		173,750
Sunac China Holdings Ltd.
7.25%, 06/14/22		200		206,063
7.95%, 10/11/23		200		211,250
7.50%, 02/01/24		400		420,875
6.50%, 01/10/25		200		202,688
7.00%, 07/09/25		400		409,875
Theta Capital Pte Ltd., 8.13%, 01/22/25		200		204,313
Times China Holdings Ltd.
6.75%, 07/16/23		313		325,129
6.75%, 07/08/25		390		409,256
6.20%, 03/22/26		277		280,722
Unique Pub Finance Co. PLC, Series A4, 5.66%, 06/30/27		GBP45		65,777
Wanda Group Overseas Ltd., 7.50%, 07/24/22		USD400		357,375
Yango Justice International Ltd.
10.00%, 02/12/23		400		410,625
7.50%, 02/17/25		200		187,500
Yanlord Land HK Co. Ltd.
6.75%, 04/23/23		200		207,625
6.80%, 02/27/24		200		209,937
Yuzhou Group Holdings Co. Ltd.
8.63%, 01/23/22		200		196,500
8.50%, 02/04/23		200		189,100
8.50%, 02/26/24		400		361,000
8.38%, 10/30/24		200		179,500
7.70%, 02/20/25		200		172,700
8.30%, 05/27/25		200		173,500
Zhenro Properties Group Ltd.
8.70%, 08/03/22		200		206,250
8.65%, 01/21/23		200		205,813
7.88%, 04/14/24		300		302,250
6.63%, 01/07/26		200		185,500

				25,852,096


Security	Par (000)		Value

Road & Rail^(b)— 0.3%
Danaos Corp., 8.50%, 03/01/28	USD	100	$	106,875
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34^(h).		1,559		1,818,438

				1,925,313

Semiconductors & Semiconductor Equipment — 1.6%
Analog Devices, Inc., 3.90%, 12/15/25^(h)		375		415,428
Broadcom, Inc.
4.70%, 04/15/25		941		1,060,629
3.15%, 11/15/25		271		288,841
3.46%, 09/15/26^(h)		578		619,881
4.11%, 09/15/28^(h)		1,594		1,742,641
Microchip Technology, Inc.
0.13%, 11/15/24^(k)		250		294,219
1.63%, 02/15/25^(k)		86		297,291
4.25%, 09/01/25^(b)(h)		941		983,107
1.63%, 02/15/27^(k)		61		138,775
NXP BV/NXP Funding LLC/NXP USA, Inc., 2.70%, 05/01/25^(b)		33		34,609
ON Semiconductor Corp.
1.63%, 10/15/23^(k)		291		603,279
3.88%, 09/01/28^(b)		330		339,455
QUALCOMM, Inc., 1.65%, 05/20/32^(h)		1,779		1,641,372
Sensata Technologies BV^(b)
5.63%, 11/01/24^(h)		229		254,190
5.00%, 10/01/25^(h)		324		358,020
4.00%, 04/15/29		210		213,786
Sensata Technologies, Inc., 4.38%, 02/15/30^(b)		311		325,773
Synaptics, Inc., 4.00%, 06/15/29^(b)		192		190,522

				9,801,818

Software — 2.1%
ACI Worldwide, Inc., 5.75%, 08/15/26^(b)(h)		696		734,280
ANGI Group LLC, 3.88%, 08/15/28^(b)		262		262,000
Black Knight InfoServ LLC, 3.63%, 09/01/28^(b)		386		379,287
Boxer Parent Co., Inc.
6.50%, 10/02/25	EUR	100		124,799
7.13%, 10/02/25^(b)(h)	USD	388		416,130
9.13%, 03/01/26^(b)(h)		678		721,717
BY Crown Parent LLC, 7.38%, 10/15/24^(b)(h)		758		770,318
BY Crown Parent LLC/BY Bond Finance, Inc., 4.25%, 01/31/26^(b)(h)		731		759,092
CDK Global, Inc., 4.88%, 06/01/27^(h)		388		405,363
Crowdstrike Holdings, Inc., 3.00%, 02/15/29		157		153,499
MSCI, Inc.^(b)
4.00%, 11/15/29		83		85,362
3.63%, 09/01/30		147		149,477
3.88%, 02/15/31^(h)		435		444,244
Nuance Communications, Inc., 5.63%, 12/15/26^(h)		237		248,554
Open Text Corp., 3.88%, 02/15/28^(b)(h)		268		269,790
Open Text Holdings, Inc., 4.13%, 02/15/30^(b)(h)		256		259,505
Playtika Holding Corp., 4.25%, 03/15/29^(b)		296		291,619
PTC, Inc.^(b)
3.63%, 02/15/25		76		77,995
4.00%, 02/15/28		187		189,805
Rocket Software, Inc., 6.50%, 02/15/29^(b)		412		415,708
Solera LLC/Solera Finance, Inc., 10.50%, 03/01/24^(b)(h)		2,213		2,286,250


Security	Par (000)		Value

Software (continued)
SS&C Technologies, Inc., 5.50%, 09/30/27^(b)(h)	USD	1,679	$	1,788,219
Veritas US, Inc./Veritas Bermuda Ltd., 7.50%, 09/01/25^(b)(h)		1,440		1,495,656

				12,728,669

Specialty Retail — 0.6%
Gap, Inc., 8.88%, 05/15/27^(b)		160		186,800
L Brands, Inc.
6.88%, 07/01/25^(b)		277		307,802
6.88%, 11/01/35^(h)		401		477,908
6.75%, 07/01/36		71		83,780
PetSmart, Inc./PetSmart Finance Corp.^(b)
4.75%, 02/15/28		343		350,790
7.75%, 02/15/29^(h)		1,505		1,629,087
Staples, Inc., 7.50%, 04/15/26^(b)(h)		708		746,763
Tendam Brands SAU, (3 mo. EURIBOR + 5.25%), 5.25%, 09/15/24^(a)	EUR	100		110,380

				3,893,310

Technology Hardware, Storage & Peripherals^(h)— 0.2%
Dell International LLC/EMC Corp., 7.13%, 06/15/24^(b)	USD	638		656,741
Hewlett Packard Enterprise Co., 4.90%, 10/15/25		375		427,647

				1,084,388

Textiles, Apparel & Luxury Goods — 0.1%
Crocs, Inc., 4.25%, 03/15/29^(b)		156		152,103
Hanesbrands, Inc., 5.38%, 05/15/25^(b)		64		67,720
Levi Strauss & Co.
5.00%, 05/01/25^(h)		233		237,539
3.50%, 03/01/31^(b)		111		107,115
William Carter Co., 5.63%, 03/15/27^(b)		160		169,000

				733,477

Thrifts & Mortgage Finance — 0.2%
Home Point Capital, Inc., 5.00%, 02/01/26^(b)		289		286,110
Jerrold Finco PLC, 5.25%, 01/15/27	GBP	100		139,583
MGIC Investment Corp., 5.25%, 08/15/28	USD	167		173,471
Nationstar Mortgage Holdings, Inc.^(b)
6.00%, 01/15/27		214		222,025
5.50%, 08/15/28^(h)		254		255,029
5.13%, 12/15/30		139		137,089
PennyMac Financial Services, Inc., 4.25%, 02/15/29^(b)		51		48,769

				1,262,076

Transportation — 0.0%
Autostrade per l’Italia SpA, 2.00%, 12/04/28	EUR	100		119,987


Transportation Infrastructure — 0.3%
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29^(b)	USD	200		207,312
Atlantia SpA, 1.88%, 02/12/28	EUR	100		118,467
Fraport AG Frankfurt Airport Services Worldwide, 1.88%, 03/31/28		100		119,135
Heathrow Finance PLC, 4.63%, 09/01/29	GBP	100		139,459
Rumo Luxembourg Sarl, 5.88%, 01/18/25^(b)	USD	241		253,050
Simpar Europe SA, 5.20%, 01/26/31^(b)		200		195,875
Transurban Finance Co. Pty Ltd., 4.13%, 02/02/26^(b)(h)		435		484,555

				1,517,853


Security	Par (000)		Value

Utilities — 0.5%
AES Panama Generation Holdings SRL, 4.38%, 05/31/30^(b)	USD	200	$	206,930
Centrais Eletricas Brasileiras SA, 4.63%, 02/04/30^(b)		240		239,484
Genneia SA, 8.75%, 01/20/22^(b)		200		177,875
Inkia Energy Ltd., 5.88%, 11/09/27^(b)(h)		377		395,850
Mong Doung Finacial Holdings BV, 5.13%, 05/07/29		250		250,547
Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.50%, 08/15/28^(b)(h)		519		527,434
Solaris Midstream Holdings LLC, 7.63%, 04/01/26^(b)		107		109,408
Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38^(b)		280		304,850
Star Energy Geothermal Wayang Windu Ltd., 6.75%, 04/24/33		181		202,544
Thames Water Kemble Finance PLC, 4.63%, 05/19/26	GBP	168		234,374
Vistra Operations Co. LLC^(b)
5.50%, 09/01/26	USD	8		8,290
5.63%, 02/15/27^(h)		422		438,618

				3,096,204

Wireless Telecommunication Services — 2.5%
Altice France SA
7.38%, 05/01/26^(b)(h)		2,104		2,188,370
5.88%, 02/01/27	EUR	100		124,893
8.13%, 02/01/27^(b)(h)	USD	707		774,943
5.50%, 01/15/28^(b)(h)		581		595,374
4.13%, 01/15/29	EUR	100		117,289
5.13%, 01/15/29^(b)	USD	200		202,500
GLP Capital LP/GLP Financing II, Inc., 4.00%, 01/15/31		155		160,189
Gogo Intermediate Holdings LLC/Gogo Finance Co., Inc., 9.88%, 05/01/24^(b)		187		196,818
Kenbourne Invest SA, 6.88%, 11/26/24^(b)		275		292,531
Matterhorn Telecom SA, 4.00%, 11/15/27	EUR	100		119,135
Millicom International Cellular SA
5.13%, 01/15/28	USD	248		259,952
4.50%, 04/27/31^(b)		205		213,200
Rogers Communications, Inc., 5.00%, 03/15/44^(h)		545		649,538
SBA Communications Corp.^(h)
4.88%, 09/01/24		806		827,657
3.88%, 02/15/27		1,248		1,275,706
Sprint Corp.^(h)
7.88%, 09/15/23		177		202,311
7.13%, 06/15/24		374		430,567
7.63%, 03/01/26		552		676,034
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC, 3.36%, 09/20/21^(b)(h)		65		65,488
T-Mobile USA, Inc.
4.50%, 02/01/26^(h)		498		509,516
4.75%, 02/01/28^(h)		479		509,305
2.88%, 02/15/31^(h)		374		361,471
3.50%, 04/15/31		337		339,528
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 6.50%, 02/15/29^(b)		597		589,537
VICI Properties LP/VICI Note Co., Inc.^(b)
3.50%, 02/15/25		387		394,014
4.25%, 12/01/26^(h)		1,188		1,215,425


Security	Par (000)		Value

Wireless Telecommunication Services (continued)
VICI Properties LP/VICI Note Co., Inc.^(b)(continued)
3.75%, 02/15/27	USD	411	$	411,000
4.63%, 12/01/29^(h)		498		516,605
4.13%, 08/15/30^(h)		894		901,778
Vmed O2 UK Financing I PLC, 3.25%, 01/31/31	EUR	100		117,873
VTR Comunicaciones SpA, 5.13%, 01/15/28^(b)	USD	200		208,725

				15,447,272


Total Corporate Bonds — 81.6% (Cost: $476,037,470)				496,019,879


Floating Rate Loan Interests^(a)

Aerospace & Defense — 1.3%
Bleriot US Bidco, Inc., 2021 Term Loan B, (3 mo. LIBOR + 4.00%), 4.20%, 10/30/26		289		287,516
Dynasty Acquisition Co., Inc.
2020 CAD Term Loan B2, (3 mo. LIBOR + 3.50%), 3.70%, 04/06/26		794		768,471
2020 Term Loan B1, (3 mo. LIBOR + 3.50%), 3.70%, 04/06/26		1,477		1,429,359
Peraton Holding Corp.^(p)
2nd Lien Term Loan B1, 02/23/29^(d)		884		897,260
Delayed Draw Term Loan B, 02/01/28		1,778		1,776,669
Term Loan B, 02/01/28		1,011		1,009,524
TransDigm, Inc., 2020 Term Loan F, (1 mo. LIBOR + 2.25%), 2.36%, 12/09/25		1,463		1,431,598

				7,600,397

Air Freight & Logistics — 0.2%
Kestrel Bidco, Inc., Term Loan B, (6 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 12/11/26		1,384		1,340,698


Airlines — 0.5%
AAdvantage Loyalty IP Ltd., 2021 Term Loan, 04/20/28^(p)		542		554,705
American Airlines, Inc.
2017 1st Lien Term Loan, (1 mo. LIBOR + 1.75%), 1.86%, 01/29/27		64		58,422
2017 Incremental Term Loan, (1 mo. LIBOR + 2.00%), 2.11%, 12/14/23		963		919,170
Repriced TL B due 2023, (1 mo. LIBOR + 2.00%), 2.11%, 04/28/23		375		356,782
JetBlue Airways Corp., Term Loan, (3 mo. LIBOR + 5.25%, 1.00% Floor), 6.25%, 06/17/24		283		289,342
Mileage Plus Holdings LLC, 2020 Term Loan B, (3 mo. LIBOR + 5.25%, 1.00% Floor), 6.25%, 06/20/27		1,003		1,064,594

				3,243,015

Auto Components — 0.9%
Clarios Global LP, 2021 USD Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 04/30/26		2,290		2,263,905
Truck Hero, Inc., 2021 Term Loan B, (1 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 01/31/28		983		979,864
USI, Inc.
2017 Repriced Term Loan, (3 mo. LIBOR + 3.00%), 3.20%, 05/16/24		1,078		1,065,146


Security	Par (000)		Value

Auto Components (continued)
USI, Inc. (continued)
2019 Incremental Term Loan B, (3 mo. LIBOR + 3.25%), 3.45%, 12/02/26	USD	84	$	83,263
Wand NewCo 3, Inc., 2020 Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 02/05/26		1,059		1,045,171

				5,437,349

Automobiles — 0.3%
Mavis Tire Express Services Corp.
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 3.36%, 03/20/25		1,015		1,010,200
2020 Add-On Term Loan B, (1 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 03/20/25		561		559,547

				1,569,747

Building Materials — 0.1%
Allied Universal Holdco LLC, 2019 Term Loan B, (1 mo. LIBOR + 4.25%), 4.36%, 07/12/26		813		810,088
CHI Overhead Doors, Inc, Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 07/31/25^(d)		80		79,601

				889,689

Building Products — 0.6%
CP Atlas Buyer, Inc., 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.50% Floor), 4.25%, 11/23/27		1,017		1,009,535
CPG International, Inc., 2017 Term Loan, (3 mo. LIBOR + 2.50%, 0.75% Floor), 3.25%, 05/05/24		673		672,136
MI Windows And Doors LLC, 2020 Term Loan, (1 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/18/27		221		222,138
Wilsonart LLC, 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 12/19/23		1,612		1,607,053

				3,510,862

Capital Markets — 0.7%
Deerfield Dakota Holding, LLC, 2020 USD Term Loan B, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 04/09/27		2,403		2,402,727
Eagle Broadband Investments LLC, Term Loan, (3 mo. LIBOR + 3.00%, 0.75% Floor), 3.75%, 11/12/27.		573		570,658
Greenhill & Co., Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 04/12/24		267		265,008
GT Polaris, Inc., Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 09/24/27		318		317,805
Jefferies Finance LLC, 2019 Term Loan, (1 mo. LIBOR + 3.00%), 3.13%, 06/03/26		461		456,512

				4,012,710

Chemicals — 1.5%
Ascend Performance Materials Operations LLC, 2021 Term Loan B, (3 mo. LIBOR + 4.75%, 0.75% Floor), 5.50%, 08/27/26		1,048		1,061,532
Atotech BV, 2021 USD Term Loan B, (3 mo. LIBOR + 2.50%, 0.50% Floor), 3.00%, 03/18/28		1,366		1,360,877
Axalta Coating Systems US Holdings Inc., USD Term Loan B3, (3 mo. LIBOR + 1.75%), 1.95%, 06/01/24		521		518,024
Element Materials Technology Group US Holdings, Inc., 2017 Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 06/05/24		347		339,541


Security	Par (000)		Value

Chemicals (continued)
Encapsys LLC, 2020 Term Loan B2, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 11/07/24	USD	559	$	558,500
Illuminate Buyer LLC, 2021 Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 06/30/27		1,104		1,097,941
Invictus US LLC
1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 03/28/25		341		337,151
2nd Lien Term Loan, (1 mo. LIBOR + 6.75%), 6.86%, 03/30/26		123		122,042
Klockner-Pentaplast of America, Inc., 2021 Term Loan B, 02/09/26^(p)		522		520,042
Messer Industries GmbH, 2018 USD Term Loan, (3 mo. LIBOR + 2.50%), 2.70%, 03/01/26		776		769,145
Momentive Performance Materials, Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 05/15/24		726		713,514
NIC Acquisition Corp., Term Loan, (6 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/29/27		289		288,760
Oxea Holding Drei GmbH, 2017 USD Term Loan B2, (1 mo. LIBOR + 3.50%), 3.63%, 10/14/24		990		973,324
Starfruit Finco BV, 2018 USD Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 10/01/25		117		114,904
W.R. Grace & Co.-Conn., 2021 Term Loan B3, 03/30/28^(d)(p)		403		399,978

				9,175,275

Commercial Services & Supplies — 1.3%
Aramark Services, Inc., 2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 1.86%, 03/11/25		374		370,079
Asurion LLC
2018 Term Loan B6, (1 mo. LIBOR + 3.00%), 3.11%, 11/03/23.		154		153,214
2018 Term Loan B7, (1 mo. LIBOR + 3.00%), 3.11%, 11/03/24.		381		379,493
2020 Term Loan B8, (1 mo. LIBOR + 3.25%), 3.36%, 12/23/26		897		890,423
2021 2nd Lien Term Loan B3, (1 mo. LIBOR + 5.25%), 5.36%, 01/31/28		364		370,370
Dealer Tire LLC, 2020 Term Loan B, (1 mo. LIBOR + 4.25%), 4.36%, 12/12/25		842		842,666
Diamond (BC) BV, USD Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 09/06/24		713		708,740
EnergySolutions LLC, 2018 Term Loan B, (3 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 05/09/25		188		186,519
GFL Environmental, Inc., 2020 Term Loan, (3 mo. LIBOR + 3.00%, 0.50% Floor), 3.50%, 05/30/25		177		176,849
Harland Clarke Holdings Corp., Term Loan B7, (3 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 11/03/23.		158		139,571
KAR Auction Services, Inc., 2019 Term Loan B6, (1 mo. LIBOR + 2.25%), 2.38%, 09/19/26		445		435,353
Packers Holdings LLC, 2021 Term Loan, (3 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 03/09/28		714		705,375
Prime Security Services Borrower LLC, 2021 Term Loan, (12 mo. LIBOR + 2.75%, 0.75% Floor), 3.50%, 09/23/26		707		703,350
US Ecology, Inc., Term Loan B, (1 mo. LIBOR + 2.50%), 2.61%, 11/01/26		156		155,569


Security	Par (000)		Value

Commercial Services & Supplies (continued)
Verscend Holding Corp.
2018 Term Loan B, (1 mo. LIBOR + 4.50%), 4.61%, 08/27/25	USD	1,077	$	1,076,145
2021 Term Loan B, 08/27/25^(p)		345		345,077

				7,638,793

Communications Equipment — 0.0%
Avantor Funding, Inc., USD Term Loan B3, (1 mo. LIBOR + 2.25%, 1.00% Floor), 3.25%, 11/21/24		430		302,700


Construction & Engineering — 0.6%
Brand Energy & Infrastructure Services, Inc., 2017 Term Loan, (3 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 06/21/24		1,698		1,670,004
Pike Corp., 2021 Incremental Term Loan B, (1 mo. LIBOR + 3.00%), 3.13%, 01/21/28		442		440,441
Pisces Midco, Inc., 2018 Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 04/12/25		127		126,520
SRS Distribution, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 05/23/25		1,134		1,117,657

				3,354,622

Construction Materials — 0.6%
Core & Main LP, 2017 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 08/01/24		1,017		1,012,436
Filtration Group Corp.
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 03/29/25		1,131		1,113,942
2020 Incremental Term Loan, (1 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 03/29/25		508		506,562
Forterra Finance LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 10/25/23		473		473,341
Tamko Building Products, Inc., Term Loan B, 05/29/26^(p)		361		358,971

				3,465,252

Containers & Packaging — 0.7%
BWAY Holding Co., 2017 Term Loan B, (3 mo. LIBOR + 3.25%), 3.44%, 04/03/24		1,062		1,038,417
Charter NEX US, Inc., 2020 Term Loan, (1 mo. LIBOR + 4.25%, 0.75% Floor), 5.00%, 12/01/27		2,027		1,840,864
Flex Acquisition Co., Inc., 2021 Term Loan, (1 mo. LIBOR + 3.50%, 0.50% Floor), 4.00%, 03/02/28		1,000		986,599
Pregis TopCo Corp., 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 08/01/26		138		136,617
Tosca Services LLC, 2021 Term Loan, (1 mo. LIBOR + 3.50%, 0.75% Floor), 4.25%, 08/18/27		328		327,690

				4,330,187

Distributors — 0.4%
American Builders & Contractors Supply Co., Inc., 2019 Term Loan, (1 mo. LIBOR + 2.00%), 2.11%, 01/15/27		889		881,622


Security	Par (000)		Value

Distributors (continued)
TMK Hawk Parent Corp.
2020 Super Priority First Out Term Loan A, (2 mo. LIBOR + 9.50%, 1.00% Floor), 10.50%, 05/30/24^(d)	USD	404	$	399,528
2020 Super Priority Second Out Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 08/30/24.		1,330		1,172,984

				2,454,134

Diversified Consumer Services — 0.8%
Amentum Government Services Holdings LLC, Term Loan B, (1 mo. LIBOR + 3.50%), 3.61%, 01/31/27		203		200,277
APX Group, Inc., 2020 Term Loan, (PRIME + 4.00%), 7.25%, 12/31/25		62		61,783
Ascend Learning LLC
2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 07/12/24		767		763,290
2020 Incremental Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 07/12/24		318		318,203
Bright Horizons Family Solutions, LLC, 2017 Term Loan B, (PRIME + 0.75%), 4.00%, 11/07/23		780		773,232
Genuine Financial Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 07/11/25.		961		944,827
Midas Intermediate Holdco II, LLC, 2020 Term Loan B, (3 mo. LIBOR + 6.75%, 0.75% Floor), 7.50%, 12/22/25		844		863,978
Nomad Foods Europe Midco Ltd., 2017 USD Term Loan B4, (1 mo. LIBOR + 2.25%), 2.36%, 05/15/24		410		406,180
PAI Holdco, Inc., 2020 Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 10/28/27		299		299,748
Serta Simmons Bedding LLC
2020 Super Priority First Out Term Loan, (1 mo. LIBOR + 7.50%), 8.50%, 08/10/23		189		190,889
2020 Super Priority Second Out Term Loan, (1 mo. LIBOR + 7.50%, 1.00% Floor), 8.50%, 08/10/23.		254		241,890

				5,064,297

Diversified Financial Services — 3.0%
Advisor Group, Inc., 2021 Term Loan, (1 mo. LIBOR + 4.50%), 4.61%, 07/31/26		719		717,708
Alchemy Copyrights, LLC, Term Loan B, (1 mo. LIBOR + 3.00%, 0.50% Floor), 3.50%, 08/14/27^(d)		346		346,262
AlixPartners LLP, 2021 USD Term Loan B, 02/04/28^(p)		1,383		1,377,039
Allsup’s Convenience Stores, Inc., Term Loan, (1 mo. LIBOR + 6.25%), 6.36%, 11/18/24		262		264,421
Applecaramel Buyer LLC, Term Loan B, (6 mo. LIBOR + 4.00%, 0.50% Floor), 4.50%, 10/19/27		545		543,274
Credito Real SAB de CV Sofom ENR, Term Loan B, (3 mo. LIBOR + 3.75%), 3.93%, 02/17/23^(d)		35		34,230
Delta TopCo, Inc.
2020 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 0.75% Floor), 8.00%, 12/01/28		261		266,546


Security	Par (000)		Value

Diversified Financial Services (continued)
Delta TopCo, Inc. (continued)
2020 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/01/27	USD	1,765	$	1,761,223
EG Finco Ltd., 2018 Term Loan, (3 mo. LIBOR + 4.00%), 4.20%, 02/07/25		519		509,867
I-Logic Technologies Bidco Ltd., 2021 USD Term Loan B, (3 mo. LIBOR + 4.00%, 0.50% Floor), 4.50%, 02/16/28^(d)		610		604,663
Kingpin Intermediate Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 07/03/24		687		671,267
LBM Acquisition LLC
Delayed Draw Term Loan, 12/18/27^(p)		87		86,255
Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/18/27		390		388,148
LEB Holdings (USA), Inc, Term Loan B, (3 mo. LIBOR + 4.00%, , 0.75% Floor), 4.75%, 11/02/27 .		422		422,875
Milano Acquisition Corp., Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 10/01/27		2,734		2,720,477
RV Retailer LLC, Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 02/08/28		370		368,613
SMG US Midco 2, Inc., 2020 Term Loan, (3 mo. LIBOR + 2.50%), 2.71%, 01/23/25		536		508,824
SpA Holdings 3 Oy, USD Term Loan B, 03/11/28^(d)(p)		466		464,835
SSH Group Holdings, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 4.25%), 4.45%, 07/30/25		876		834,021
Therma Intermediate LLC, 2020 Term Loan, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 12/16/27		284		283,919
Veritas US, Inc., 2021 USD Term Loan B, (3 mo. LIBOR + 5.00%, 1.00% Floor), 6.00%, 09/01/25		2,846		2,855,863
VS Buyer LLC, Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 02/28/27		1,387		1,380,543
Ziggo Financing Partnership, USD Term Loan I, (1 mo. LIBOR + 2.50%), 2.61%, 04/30/28		600		593,454

				18,004,327

Diversified Telecommunication Services — 1.0%
Cablevision Lightpath LLC, Term Loan B, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75%, 11/30/27		230		228,851
Consolidated Communications, Inc., 2020 Term Loan B, (1 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 10/02/27		349		348,967
Frontier Communications Corp., 2020 DIP Exit Term Loan, (1 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 10/08/21		621		618,410
GCI LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.75%, 0.75% Floor), 3.50%, 10/15/25		478		474,816
Hargray Communications Group, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 05/16/24		1,076		1,073,398
Intelsat Jackson Holdings SA
2017 Term Loan B3, (PRIME + 4.75%), 8.00%, 11/27/23		145		147,175
2020 DIP Term Loan, (3 mo. LIBOR + 5.50%, 1.00% Floor), 6.50%, 07/13/22		50		50,736
Iridium Satellite LLC, 2021 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 11/04/26		720		721,148


Security	Par (000)		Value

Diversified Telecommunication Services (continued)
Level 3 Financing, Inc., 2019 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 03/01/27	USD	566	$	558,432
MTN Infrastructure TopCo, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 11/15/24.		998		995,598
TDC A/S, EUR Term Loan, (6 mo. EURIBOR + 3.00%), 3.00%, 06/11/25	EUR	819		957,386

				6,174,917

Electric Utilities — 0.4%
ExGen Renewables IV LLC, 2020 Term Loan, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 12/15/27	USD	570		569,812
Triton Water Holdings, Inc, Term Loan, 03/18/28^(p)		1,716		1,707,952

				2,277,764

Electrical Equipment — 0.1%
Gates Global LLC, 2021 Term Loan B3, (1 mo. LIBOR + 2.75%, 0.75% Floor), 3.50%, 03/31/27		870		866,871


Electronic Equipment, Instruments & Components — 0.0%
GrafTech Finance, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%, 0.50% Floor), 3.50%, 02/12/25		246		245,341


Environmental, Maintenance, & Security Service — 0.3%
Asplundh Tree Expert LLC, 2021 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 09/07/27		795		792,397
TruGreen Limited Partnership, 2020 Term Loan, (1 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 11/02/27.		1,042		1,040,071

				1,832,468

Equity Real Estate Investment Trusts (REITs) — 0.1%
RHP Hotel Properties LP, 2017 Term Loan B, (1 mo. LIBOR + 2.00%), 3.00%, 05/11/24		245		242,494
VICI Properties LLC, Replacement Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 12/20/24		580		572,737

				815,231

Food & Staples Retailing — 0.4%
H Food Holdings LLC, 2018 Incremental Term Loan B2, (1 mo. LIBOR + 4.00%), 4.11%, 05/23/25		502		499,540
Hearthside Food Solutions LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.68%), 3.80%, 05/23/25		267		263,930
US Foods, Inc.
2016 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 06/27/23		1,429		1,408,800
2019 Term Loan B, (1 mo. LIBOR + 2.00%), 2.11%, 09/13/26		401		392,934

				2,565,204

Food Products — 1.0%
8th Avenue Food & Provisions, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 10/01/25		459		458,251
B&G Foods, Inc., 2019 Term Loan B4, (1 mo. LIBOR + 2.50%), 2.61%, 10/10/26		163		162,595
Chobani LLC, 2020 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 10/23/27		1,400		1,397,865
Froneri International Ltd.
2020 USD 2nd Lien Term Loan, (1 mo. LIBOR + 5.75%), 5.86%, 01/29/28		123		124,590


Security	Par (000)		Value

Food Products (continued)
Froneri International Ltd. (continued)
2020 USD Term Loan, (1 mo. LIBOR + 2.25%), 2.36%, 01/29/27	USD	2,044	$	2,014,427
Hostess Brands LLC, 2019 Term Loan, (3 mo. LIBOR + 2.25%, 0.75% Floor), 3.00%, 08/03/25		424		421,048
JBS USA LUX SA, 2019 Term Loan B, (1 mo. LIBOR + 2.00%), 2.11%, 05/01/26		114		113,058
Pathway Vet Alliance LLC, 2021 Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 03/31/27		232		230,001
Reynolds Group Holdings Inc., 2020 Term Loan B2, (1 mo. LIBOR + 3.25%), 3.36%, 02/05/26		257		254,228
Reynolds Group Holdings, Inc., 2017 Term Loan, (1 mo. LIBOR + 2.75%), 2.86%, 02/05/23		319		317,798
Shearer’s Foods, Inc., 2021 Term Loan, (3 mo. LIBOR + 3.50%, 0.75% Floor), 4.25%, 09/23/27		251		250,075
UTZ Quality Foods LLC, 2021 Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 01/20/28		240		239,847

				5,983,783

Health Care Equipment & Supplies — 0.3%
Avantor Funding, Inc., 2020 Incremental Term Loan B4, (1 mo. LIBOR + 2.25%, 1.00% Floor), 3.25%, 11/06/27.		867		866,394
Ortho-Clinical Diagnostics SA, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 06/30/25		853		851,649

				1,718,043

Health Care Providers & Services — 1.1%
AHP Health Partners, Inc., 2021 Term Loan, (3 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 06/30/25		334		333,664
CHG Healthcare Services, Inc., 2017 1st Lien Term Loan B, (6 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 06/07/23		953		949,452
Da Vinci Purchaser Corp., 2019 Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 01/08/27		543		542,718
Envision Healthcare Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 10/10/25		753		647,670
EyeCare Partners LLC, 2020 Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 02/18/27		870		860,207
Femur Buyer, Inc., 1st Lien Term Loan, (3 mo. LIBOR + 4.50%), 4.75%, 03/05/26		422		401,112
HC Group Holdings II, Inc., Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 08/06/26		1,667		1,659,834
HCA, Inc., Term Loan B13, (1 mo. LIBOR + 1.75%), 1.86%, 03/18/26		272		271,981
MPH Acquisition Holdings LLC, 2016 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 06/07/23		429		426,902
PetVet Care Centers LLC, 2021 Term Loan B3, (1 mo. LIBOR + 3.50%, 0.75% Floor), 4.25%, 02/14/25		21		20,797
Sotera Health Holdings LLC, 2021 Term Loan, (3 mo. LIBOR + 2.75%, 0.50% Floor), 3.25%, 12/13/26		578		575,833

				6,690,170


Security	Par (000)		Value

Health Care Services — 0.4%
Azalea Topco, Inc., Term Loan, (3 mo. LIBOR + 3.50%), 3.71%, 07/25/26	USD	1,138	$	1,127,234
Unified Physician Management LLC, 2020 Term Loan, (1 mo. LIBOR + 4.25%, 0.75% Floor), 5.00%, 12/18/27^(d)		584		584,535
WP CityMD Bidco LLC, 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 08/13/26		705		703,296

				2,415,065

Health Care Technology — 0.2%
Athenahealth, Inc., 2021 Term Loan B1, (3 mo. LIBOR + 4.25%), 4.45%, 02/11/26		146		146,121
GoodRx, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 2.86%, 10/10/25		1,119		1,114,567

				1,260,688

Hotels, Restaurants & Leisure — 2.8%
1011778 B.C. Unlimited Liability Co., Term Loan B4, (1 mo. LIBOR + 1.75%), 1.86%, 11/19/26		1,000		981,184
Aimbridge Acquisition Co., Inc., 2019 Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 02/02/26^(d)		280		271,873
Aristocrat Leisure Ltd., 2020 Incremental Term Loan B, (3 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 10/19/24		431		431,912
Boyd Gaming Corp., Term Loan B3, (1 Week LIBOR + 2.25%), 2.33%, 09/15/23		392		390,432
Caesars Resort Collection LLC
2017 1st Lien Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 12/23/24		1,353		1,331,625
2020 Term Loan B1, (1 mo. LIBOR + 4.50%), 4.61%, 07/20/25		1,481		1,482,350
Churchill Downs, Inc., 2021 Incremental Term Loan B1, (3 mo. LIBOR + 2.00%), 2.12%, 03/10/28^(d)		346		343,837
Equinox Holdings, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 03/08/24		1,854		1,727,244
Four Seasons Hotels Ltd., New 1st Lien Term Loan, (1 mo. LIBOR + 2.00%), 2.11%, 11/30/23		549		547,335
Gateway Casinos & Entertainment Ltd., 2018 Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor), 3.70%, 12/01/23		50		48,798
Golden Nugget LLC, 2017 Incremental Term Loan B, (2 mo. LIBOR + 2.50%, 0.75% Floor), 3.25%, 10/04/23		1,178		1,158,388
Golden Nugget, Inc., 2020 Initial Term Loan, (3 mo. LIBOR + 12.00%, 1.00% Floor), 13.00%, 10/04/23^(d)		80		90,458
Herschend Entertainment Co. LLC, Term Loan B, (3 mo. LIBOR + 5.75%, 1.00% Floor), 6.75%, 08/25/25^(d)		229		232,283
IRB Holding Corp, 2020 Fourth Amendment Incremental Term Loan, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 12/15/27		1,859		1,850,620
IRB Holding Corp., 2020 Term Loan B, (6 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 02/05/25		874		865,712


Security	Par (000)		Value

Hotels, Restaurants & Leisure (continued)
Playa Resorts Holding BV, 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 04/29/24	USD	162	$	155,275
Scientific Games International, Inc., 2018 Term Loan B5, (1 mo. LIBOR + 2.75%), 2.86%, 08/14/24		361		353,792
Stars Group Holdings BV, 2018 USD Incremental Term Loan, (3 mo. LIBOR + 3.50%), 3.70%, 07/10/25		518		518,433
Station Casinos LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.25%, 0.25% Floor), 2.50%, 02/08/27		845		830,723
Travelport Finance (Luxembourg) S.a.r.l.
2019 Term Loan, (3 mo. LIBOR + 5.00%), 5.20%, 05/29/26		828		671,647
2020 Super Priority Term Loan, (3 mo. LIBOR + 1.50%, 1.00% Floor), 2.50%, 02/28/25		441		448,713
Whatabrands LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 08/02/26		977		970,275
Wyndham Hotels & Resorts, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 05/30/25		202		199,670
Zaxby’s Operating Company LLC
1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/28/27		723		829,904
2nd Lien Term Loan, (1 mo. LIBOR + 6.50%, 0.75% Floor), 7.25%, 12/28/28		101		102,010

				16,834,493

Household Durables — 0.1%
Reynolds Consumer Products LLC, Term Loan, (1 mo. LIBOR + 1.75%), 1.86%, 02/04/27		140		139,793
Weber-Stephen Products LLC, Term Loan B, (1 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 10/30/27		499		498,126

				637,919

Household Products — 0.0%
Spectrum Brands, Inc., 2021 Term Loan, (3 mo. LIBOR + 2.00%, 0.50% Floor), 2.50%, 03/03/28		221		220,310


Independent Power and Renewable Electricity Producers — 0.2%
Calpine Construction Finance Co. LP, 2017 Term Loan B, (1 mo. LIBOR + 2.00%), 2.11%, 01/15/25		890		877,660
Calpine Corp., 2019 Term Loan B10, (1 mo. LIBOR + 2.00%), 2.11%, 08/12/26		289		285,966

				1,163,626

Industrial Conglomerates — 0.8%
AVSC Holding Corp.
2020 Term Loan B1, (3 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 03/03/25		1,307		1,156,206
2020 Term Loan B3, (PIK + 10.00%), 10.00%, 10/15/26		376		435,517
Sequa Mezzanine Holdings LLC, 2020 Extended Term Loan, (3 mo. LIBOR + 6.75%, 1.00% Floor), 7.75%, 11/28/23		453		453,865
Vertical Midco GmbH, USD Term Loan B, (6 mo. LIBOR + 4.25%), 4.48%, 07/31/27		740		741,395
Vertiv Group Corporation, 2021 Term Loan B, (1 mo. LIBOR + 2.75%), 2.87%, 03/02/27		2,038		2,020,466

				4,807,449


Security	Par (000)		Value

Insurance — 1.0%
Alliant Holdings I, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 05/09/25	USD	845	$	833,841
Alliant Holdings Intermediate LLC, Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 05/09/25		285		280,881
AmWINS Group, Inc., 2021 Term Loan B, (1 mo. LIBOR + 2.25%, 0.75% Floor), 3.00%, 02/19/28		1,268		1,257,528
AssuredPartners Capital, Inc., 2020 Incremental Term Loan B, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 02/13/27		167		167,268
AssuredPartners, Inc., 2020 Term Loan B, (1 mo. LIBOR + 3.50%), 3.61%, 02/13/27		543		536,737
Hub International Limited, 2021 Term Loan B, (3 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 04/25/25		700		699,161
HUB International Ltd., 2018 Term Loan B, (3 mo. LIBOR + 2.75%), 2.97%, 04/25/25		759		747,995
Ryan Specialty Group LLC, Term Loan, (1 mo. LIBOR + 3.00%, 0.75% Floor), 3.75%, 09/01/27		657		655,603
Sedgwick Claims Management Services, Inc.
2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 12/31/25		176		173,572
2019 Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 09/03/26		622		617,528
2020 Term Loan B3, (1 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 09/03/26		379		379,450

				6,349,564

Interactive Media & Services — 1.2%
Adevinta ASA, USD Term Loan B, 04/20/28^(p)		1,071		1,070,465
Arches Buyer, Inc., 2021 Term Loan B, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75%, 12/06/27		942		935,096
Camelot U.S. Acquisition 1 Co., 2020 Incremental Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 10/31/26		1,634		1,632,271
Go Daddy Operating Co. LLC, 2021 Term Loan B4, (3 mo. LIBOR + 2.00%), 2.11%, 08/10/27		838		832,259
Grab Holdings, Inc., Term Loan B, (6 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 01/29/26		2,766		2,807,490

				7,277,581

Internet & Direct Marketing Retail — 0.2%
CNT Holdings I Corp., 2020 Term Loan, (6 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 11/08/27		1,093		1,089,929


Internet Software & Services — 0.1%
Uber Technologies, Inc., 2021 Term Loan B, (1 mo. LIBOR + 3.50%), 3.61%, 02/25/27		846		841,266


IT Services — 1.8%
Aruba Investments, Inc., 2020 USD Term Loan, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 11/24/27.		341		340,147
Banff Merger Sub, Inc., 2021 USD Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 10/02/25		766		762,097
Camelot U.S. Acquisition 1 Co., Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 10/31/26		1,735		1,720,413
Greeneden US Holdings II LLC, 2020 USD Term Loan B, (1 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 12/01/27		2,891		2,888,738
Optiv Security, Inc., 1st Lien Term Loan, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 02/01/24		608		585,807
Peak 10 Holding Corp., 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%), 7.43%, 08/01/25		273		232,435


Security	Par (000)		Value

IT Services (continued)
PUG LLC, USD Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 02/13/27	USD	1,232	$	1,187,210
Rackspace Hosting, Inc., 2021 Term Loan, (3 mo. LIBOR + 2.75%, 0.75% Floor), 3.50%, 02/09/28		439		434,415
TierPoint LLC, 2021 Term Loan, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 05/05/26		437		433,804
Trans Union, LLC, 2019 Term Loan B5, (1 mo. LIBOR + 1.75%), 1.86%, 11/16/26		767		761,836
Virtusa Corp., Term Loan B, (1 mo. LIBOR + 4.25%, 0.75% Floor), 5.00%, 02/11/28		449		449,283
WEX Inc., Term Loan B3, (1 mo. LIBOR + 2.25%), 2.36%, 05/15/26		578		575,506
WEX, Inc., 2021 Term Loan, 03/18/28^(p)		437		435,361

				10,807,052

Life Sciences Tools & Services — 0.7%
eResearchTechnology, Inc.
2020 1st Lien Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 02/04/27		1,135		1,135,160
2021 Incremental Term Loan, 02/04/27^(p)		725		725,341
Maravai Intermediate Holdings LLC, 2020 Term Loan B, (1 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 10/19/27^(d)		486		488,633
PPD, Inc., Initial Term Loan, (1 mo. LIBOR + 2.25%, 0.50% Floor), 2.75%, 01/13/28		1,812		1,801,327

				4,150,461

Machinery — 0.6%
Columbus McKinnon Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.50%, 1.00% Floor), 3.50%, 01/31/24		58		57,836
Hayward Industries, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 08/05/24		612		610,835
Ingersoll-Rand Services Co., 2020 USD Spinco Term Loan, (1 mo. LIBOR + 1.75%), 1.86%, 02/28/27		575		566,820
Titan Acquisition Ltd., 2018 Term Loan B, (6 mo. LIBOR + 3.00%), 3.27%, 03/28/25		2,334		2,283,749

				3,519,240

Media — 5.0%
A-L Parent LLC, 2016 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 12/01/23		1,275		1,170,625
Altice Financing SA
2017 USD Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 07/15/25		444		434,494
USD 2017 1st Lien Term Loan, (3 mo. LIBOR + 2.75%), 2.95%, 01/31/26		534		523,317
Altice France SA, 2018 Term Loan B13, (3 mo. LIBOR + 4.00%), 4.20%, 08/14/26		1,342		1,337,165
Charter Communications Operating LLC, 2019 Term Loan B1, (1 mo. LIBOR + 1.75%), 1.86%, 04/30/25		1,366		1,362,594
Clear Channel Outdoor Holdings, Inc., Term Loan B, (3 mo. LIBOR + 3.50%), 3.71%, 08/21/26		2,567		2,462,612
Connect Finco Sarl, 2021 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 12/12/26		3,141		3,128,170
CSC Holdings LLC
2017 Term Loan B1, (1 mo. LIBOR + 2.25%), 2.36%, 07/17/25		655		645,812


Security	Par (000)		Value

Media (continued)
CSC Holdings LLC (continued)
2019 Term Loan B5, (1 mo. LIBOR + 2.50%), 2.61%, 04/15/27	USD	1,010	$	996,977
E.W. Scripps Co., 2020 Term Loan B3, (1 mo. LIBOR + 3.00%, 0.75% Floor), 3.75%, 01/07/28		431		428,968
Gray Television, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 2.37%, 02/07/24		684		678,888
Lions Gate Capital Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 2.36%, 03/24/25		524		514,938
Live Nation Entertainment, Inc., Term Loan B4, (1 mo. LIBOR + 1.75%), 1.88%, 10/17/26		1,095		1,062,704
MH Sub I LLC
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 09/13/24		1,914		1,891,497
2020 Incremental Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 09/15/24		1,078		1,076,614
2021 2nd Lien Term Loan, (1 mo. LIBOR + 6.25%), 6.36%, 02/23/29		581		583,905
Midcontinent Communications, 2019 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 08/15/26		260		258,256
Nexstar Broadcasting, Inc., 2019 Term Loan B4, (1 mo. LIBOR + 2.50%), 2.62%, 09/19/26		459		455,139
Playtika Holding Corp., 2021 Term Loan, 03/11/28^(p)		1,165		1,156,263
Radiate Holdco LLC, 2020 Term Loan, (1 mo. LIBOR + 3.50%, 0.75% Floor), 4.25%, 09/25/26		1,149		1,148,341
Sinclair Television Group, Inc., Term Loan B2, (1 mo. LIBOR + 2.25%), 2.36%, 01/03/24		192		190,712
Terrier Media Buyer, Inc., 2021 Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 12/17/26		1,017		1,006,857
Trader Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 09/28/23^(d)		1,480		1,472,129
UFC Holdings LLC, 2021 Term Loan B, (6 mo. LIBOR + 3.00%), 3.75%, 04/29/26		275		273,859
Virgin Media Bristol LLC
2020 USD Term Loan Q, 01/31/29^(p)		917		914,597
USD Term Loan N, (1 mo. LIBOR + 2.50%), 2.61%, 01/31/28		522		516,985
William Morris Endeavor Entertainment, LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 2.75%), 2.94%, 05/18/25		1,201		1,130,353
WMG Acquisition Corp., 2021 Term Loan G, (1 mo. LIBOR + 2.12%), 2.23%, 01/20/28		261		259,588
Zayo Group Holdings, Inc., USD Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 03/09/27		3,536		3,504,836

				30,587,195

Metals & Mining — 0.1%
Ball Metalpack, LLC, 2018 1st Lien Term Loan B, (3 mo. LIBOR + 4.50%), 4.69%, 07/31/25		668		663,215


Oil, Gas & Consumable Fuels — 0.2%
Ascent Resources Utica LLC, 2020 Fixed 2nd Lien Term Loan, (Fixed), 10.00%, 11/01/25		330		364,650
Citgo Holding, Inc., 2019 Term Loan B, (3 mo. LIBOR + 7.00%, 1.00% Floor), 8.00%, 08/01/23		2		1,890
Edgewater Generation LLC, Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 12/13/25		434		428,282
EG Group Ltd., 2018 USD Term Loan B, (3 mo. LIBOR + 4.00%), 4.20%, 02/07/25		247		243,066


Security	Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Lealand Finance Company B.V., 2020 Take Back Term Loan, (PIK + 3.00%), 3.00%, 06/30/25⁽ⁱ⁾	USD	110	$	59,841
McDermott Technology Americas, Inc., 2020 Make Whole Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 06/30/24^(d)		16		12,463
Murphy USA, Inc., Term Loan B, (1 mo. LIBOR + 1.75%, 0.50% Floor), 2.25%, 01/31/28^(d)		253		253,949

				1,364,141

Personal Products — 0.5%
Sunshine Luxembourg VII SARL, 2021 Term Loan B3, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 10/01/26		3,157		3,150,395


Pharmaceuticals — 0.9%
Amneal Pharmaceuticals LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%), 3.63%, 05/04/25		849		832,364
Catalent Pharma Solutions, Inc., 2021 Term Loan B3, (1 mo. LIBOR + 2.00%, 0.50% Floor), 2.50%, 02/22/28		985		984,265
Elanco Animal Health, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 1.87%, 08/01/27		289		284,764
Grifols Worldwide Operations USA, Inc., USD 2019 Term Loan B, (1 Week LIBOR + 2.00%), 2.08%, 11/15/27		700		691,882
Precision Medicine Group, LLC, 2021 Term Loan, (3 mo. LIBOR + 3.00%, , 0.75% Floor), 3.75%, 11/18/27		911		903,849
Valeant Pharmaceuticals International, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 06/02/25		1,747		1,740,547

				5,437,671

Professional Services — 0.6%
Dun & Bradstreet Corp., Term Loan, (1 mo. LIBOR + 3.25%), 3.36%, 02/06/26		3,383		3,362,043


Real Estate Management & Development — 0.2%
CityCenter Holdings LLC, 2017 Term Loan B, (1 mo. LIBOR + 2.25%, 0.75% Floor), 3.00%, 04/18/24		716		705,633
Cushman & Wakefield U.S. Borrower, LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 08/21/25		564		552,237
Realogy Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.25%, 0.75% Floor), 3.00%, 02/08/25		31		30,625

				1,288,495

Road & Rail — 0.1%
SIRVA Worldwide, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 3.75%), 5.71%, 08/04/25^(d)		389		357,719


Semiconductors & Semiconductor Equipment — 0.1%
Cabot Microelectronics Corp., 2019 Term Loan B1, (1 mo. LIBOR + 2.00%), 2.13%, 11/14/25^(d)		463		463,333


Software — 6.5%
Applied Systems, Inc.
2017 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 0.50% Floor), 3.50%, 09/19/24		1,736		1,727,863
2021 2nd Lien Term Loan, (3 mo. LIBOR + 5.50%, 0.75% Floor), 5.70%, 09/19/25		251		252,255


Security	Par (000)		Value

Software (continued)
Barracuda Networks, Inc., 1st Lien Term Loan, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 02/12/25	USD	1,534	$	1,531,879
By Crown Parent LLC, Term Loan B1, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 01/31/26		1,230		1,229,155
Cloudera, Inc., Term Loan B, (1 mo. LIBOR + 2.50%, 0.75% Floor), 3.25%, 12/22/27^(d)		724		722,190
Cornerstone OnDemand, Inc., Term Loan B, (1 mo. LIBOR + 4.25%), 4.36%, 04/22/27		419		418,689
Cypress Intermediate Holdings III, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 04/29/24		1,857		1,854,009
Digicel International Finance Ltd., 2017 Term Loan B, (6 mo. LIBOR + 3.25%), 3.51%, 05/27/24		492		466,994
DTI Holdco, Inc., 2018 Term Loan B, (3 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 09/29/23		488		470,288
Epicor Software Corp.
2020 2nd Lien Term Loan, (1 mo. LIBOR + 7.75%, 1.00% Floor), 8.75%, 07/31/28		850		876,563
2020 Term Loan, (1 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 07/31/27		1,153		1,148,519
First Advantage Holdings LLC, 2021 Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 01/31/27		523		519,088
Helios Software Holdings, Inc., 2021 USD Term Loan B, (3 mo. LIBOR + 3.75%), 3.93%, 03/11/28.		1,048		1,039,490
Informatica LLC
2020 USD 2nd Lien Term Loan, (Fixed), 7.13%, 02/25/25		679		693,008
2020 USD Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 02/25/27		2,218		2,199,223
McAfee LLC, 2018 USD Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 09/30/24		862		862,035
Mitchell International, Inc.
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 3.36%, 11/29/24		844		829,720
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 7.36%, 11/30/25		396		393,980
2020 Add-On Term Loan, (1 mo. LIBOR + 4.25%, 0.50% Floor), 4.75%, 12/01/24		834		834,435
Netsmart Technologies, Inc., 2020 Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 10/01/27		569		568,289
Planview Parent, Inc., Term Loan, (3 mo. LIBOR + 4.00%, , 0.75% Floor), 4.75%, 12/17/27		1,040		1,037,793
Project Alpha Intermediate Holding, Inc., 2021 Term Loan B, (1 mo. LIBOR + 4.00%), 4.11%, 04/26/24		604		602,218
RealPage, Inc, Term Loan, 02/17/28^(p)		3,635		3,616,350
Renaissance Holding Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 3.36%, 05/30/25		31		30,652
Sabre GLBL, Inc., 2020 Term Loan B, (1 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 12/17/27		441		445,031
Severin Acquisition, LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 08/01/25		1,868		1,843,240
SolarWinds Holdings, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 02/05/24		698		683,947
Solera LLC, USD Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 03/03/23		753		748,526


Security	Par (000)		Value

Software (continued)
Sophia LP, 2020 1st Lien Term Loan, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 10/07/27		USD 2,097	$	2,094,124
SS&C Technologies Holdings Europe Sarl, 2018 Term Loan B4, (1 mo. LIBOR + 1.75%), 1.86%, 04/16/25		531		525,008
SS&C Technologies, Inc., 2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 1.86%, 04/16/25		712		703,557
Tempo Acquisition LLC, 2020 Extended Term Loan, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75% 11/02/26.		2,742		2,739,412
Tibco Software, Inc., 2020 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 7.36%, 03/04/28		1,429		1,442,855
Ultimate Software Group, Inc.
2020 2nd Lien Incremental Term Loan, (3 mo. LIBOR + 6.75%, 0.75% Floor), 7.50%, 05/03/27.		794		811,865
2021 Incremental Term Loan, (3 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 05/03/26		1,154		1,153,541
Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 05/03/26		2,346		2,341,975

				39,457,766

Specialty Retail — 1.5%
Belron Finance US LLC
2018 Term Loan B, (3 mo. LIBOR + 2.25%), 2.45%, 11/13/25		182		180,679
2019 USD Term Loan B, (3 mo. LIBOR + 2.25%), 2.46%, 10/30/26		415		411,639
USD Term Loan B, (3 mo. LIBOR + 2.25%), 2.44%, 11/07/24		737		735,856
CD&R Firefly Bidco Ltd., 2018 GBP Term Loan B1, (3 mo. LIBOR + 4.25%), 4.31%, 06/21/25		GBP 1,000		1,370,300
EG Group Limited, 2021 Term Loan, 03/10/26^(p)		USD 236		233,345
IAA, Inc., Term Loan B, (1 mo. LIBOR + 2.25%), 2.38%, 06/28/26^(d)		285		282,921
MED ParentCo LP
1st Lien Delayed Draw Term Loan, (1 mo. LIBOR + 4.25%), 4.25%, 08/31/26		167		165,914
1st Lien Term Loan, (1 mo. LIBOR + 4.25%), 4.36%, 08/31/26		668		661,613
PetSmart, Inc., 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 02/12/28		2,470		2,464,319
Research Now Group, Inc., 2017 1st Lien Term Loan, (6 mo. LIBOR + 5.50%, 1.00% Floor), 6.50%, 12/20/24		996		984,544
Sotheby’s, Term Loan B, (3 mo. LIBOR + 4.75%, 0.75% Floor), 5.50%, 01/15/27		1,152		1,156,055
Woof Holdings, Inc., 1st Lien Term Loan, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/21/27		230		228,850

				8,876,035

Technology Hardware, Storage & Peripherals — 0.1%
Electronics for Imaging, Inc., Term Loan, (1 mo. LIBOR + 5.00%), 5.11%, 07/23/26		527		494,816
Western Digital Corp., 2018 Term Loan B4, (1 mo. LIBOR + 1.75%), 1.86%, 04/29/23		253		252,011

				746,827


Security	Par (000)		Value

Thrifts & Mortgage Finance — 0.1%
IG Investment Holdings LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 05/23/25		USD 899	$	898,037


Trading Companies & Distributors — 0.2%
Foundation Building Materials Holding Company LLC
2021 Delayed Draw Term Loan, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75%, 02/10/28		228		225,953
2021 Term Loan, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75%, 02/10/28		395		390,709
ION Trading Finance Limited, 2021 Term Loan, 03/25/28^(p)		303		302,621

				919,283

Wireless Telecommunication Services — 0.4%
SBA Senior Finance II LLC, 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 04/11/25		1,072		1,058,322
Xplornet Communications, Inc., 2020 Term Loan B, (1 mo. LIBOR + 4.75%), 4.86%, 06/10/27		1,616		1,614,723

				2,673,045


Total Floating Rate Loan Interests — 44.8% (Cost: $270,471,559)				272,183,689


Foreign Agency Obligations

Bahrain — 0.1%
Bahrain Government International Bond, 6.75%, 09/20/29		200		217,375
CBB International Sukuk Co. 7 SPC, 6.88%, 10/05/25		400		462,375

				679,750

Colombia — 0.3%
Colombia Government International Bond
4.50%, 01/28/26^(h)		1,354		1,485,169
3.88%, 04/25/27		200		213,812

				1,698,981

Dominican Republic — 0.2%
Dominican Republic International Bond
5.95%, 01/25/27		491		550,534
4.50%, 01/30/30^(b)		302		303,416
4.88%, 09/23/32^(b)		185		186,850
6.40%, 06/05/49		150		157,078

				1,197,878

Egypt — 0.3%
Egypt Government International Bond
5.75%, 05/29/24^(b)		215		225,280
5.88%, 06/11/25		335		353,006
7.60%, 03/01/29		816		867,000
8.50%, 01/31/47^(b)		321		318,392

				1,763,678

Ghana — 0.0%
Ghana Government International Bond, 8.63%, 04/07/34^(b)		260		255,346


Iceland — 0.5%
Iceland Government International Bond, 5.88%, 05/11/22^(h)		3,030		3,173,876


Security	Par (000)		Value

Indonesia — 0.2%
Indonesia Government International Bond
4.10%, 04/24/28		USD 650	$	718,859
5.35%, 02/11/49		200		248,125

				966,984

Mexico — 0.2%
Mexico Government International Bond, 4.15%, 03/28/27^(h)		1,052		1,166,668


Mongolia — 0.0%
Mongolia Government International Bond, 8.75%, 03/09/24		250		287,500


Morocco — 0.1%
Morocco Government International Bond
3.00%, 12/15/32		300		280,875
4.00%, 12/15/50		200		177,000

				457,875

Oman — 0.1%
Oman Government International Bond, 6.50%, 03/08/47		308		290,290


Panama — 0.1%
Panama Government International Bond
3.16%, 01/23/30^(h)		445		462,522
4.50%, 04/16/50		211		232,034

				694,556

Paraguay — 0.1%
Paraguay Government International Bond
4.95%, 04/28/31		300		337,594
5.40%, 03/30/50		200		223,750

				561,344

Peru — 0.1%
Peruvian Government International Bond
2.78%, 01/23/31		354		354,332
1.86%, 12/01/32		259		236,176
5.63%, 11/18/50		165		219,037

				809,545

Portugal — 0.6%
Portugal Government International Bond, 5.13%, 10/15/24^(b)(h)		3,190		3,645,921


Qatar — 0.1%
Qatar Government International Bond
4.00%, 03/14/29^(b)(h)		473		536,855
4.40%, 04/16/50		208		241,280

				778,135

Romania — 0.0%
Romanian Government International Bond, 3.00%, 02/14/31^(b)		280		280,262


Russia — 0.1%
Russian Foreign Bond—Eurobond
4.75%, 05/27/26		400		447,750
4.25%, 06/23/27		200		218,900

				666,650

Saudi Arabia — 0.1%
Saudi Government International Bond, 4.50%, 04/17/30^(h)		595		684,994


Security	Par (000)		Value

South Africa — 0.0%
Republic of South Africa Government International Bond, 5.88%, 05/30/22.		USD 200	$	210,937


Sri Lanka — 0.2%
Sri Lanka Government International Bond
5.75%, 04/18/23		222		151,029
6.85%, 03/14/24		400		254,875
6.35%, 06/28/24		200		127,688
7.85%, 03/14/29		400		244,500
7.55%, 03/28/30		200		122,000

				900,092

Ukraine — 0.2%
Ukraine Government International Bond
7.75%, 09/01/22		118		124,394
8.99%, 02/01/24		200		221,800
9.75%, 11/01/28		236		274,793
7.25%, 03/15/33^(b)		400		397,750

				1,018,737


Total Foreign Agency Obligations — 3.6% (Cost: $21,703,738)				22,189,999


	Shares

Investment Companies

Fixed Income Funds — 0.8%
Invesco Senior Loan ETF		157,601		3,487,710
iShares iBoxx $ Investment Grade Corporate Bond ETF^(q)		10,000		1,300,500

				4,788,210


Total Investment Companies — 0.8% (Cost: $4,779,837)				4,788,210


	Par (000)

Non-Agency Mortgage-Backed Securities

Collateralized Mortgage Obligations — 0.7%
Countrywide Alternative Loan Trust
Series 2005-54CB, Class 3A4, 5.50%, 11/25/35		USD 1,338		1,030,992
Series 2006-J8, Class A5, 6.00%, 02/25/37		2,133		1,377,805
Series 2007-19, Class 1A1, 6.00%, 08/25/37		642		460,042
Countrywide Home Loan Mortgage Pass-Through Trust
Series 2005-17, Class 1A6, 5.50%, 09/25/35		172		174,228
Series 2006-17, Class A2, 6.00%, 12/25/36		821		547,804
Series 2007-HY5, Class 3A1, 3.13%, 09/25/37^(a).		452		445,040
GSR Mortgage Loan Trust, Series 2005-AR5, Class 2A3, 2.93%, 10/25/35^(a)		401		295,822

				4,331,733


Security		Par (000)		Value

Commercial Mortgage-Backed Securities — 0.9%
BAMLL Commercial Mortgage Securities Trust, Series 2015-200P, Class C, 3.60%, 04/14/33^(a)(b).	USD		4,830	$	5,133,629


Total Non-Agency Mortgage-Backed Securities — 1.6% (Cost: $9,441,023)					9,465,362

		Benefical Interest (000)

Other Interests^(r)

IT Services^(d)— 0.0%
Millennium Corp	USD		918		—
Millennium Lender Claims			861		—


Total Other Interests — 0.0% (Cost: $ — )					—

		Par (000)

Preferred Securities

Capital Trusts — 4.7%

Automobiles — 0.1%
General Motors Financial Co., Inc., Series C, 5.70%^(a)(h)(m)	USD		365		394,200

Banks^(a)— 0.8%		200		210,975
Al Ahli Bank of Kuwait KSCP, 7.25%^(m)
Banco Mercantil del Norte SA, 6.75%^(b)(h)(m)			396		410,474
Bank of East Asia Ltd., 5.88%^(m)			250		266,797
Bankia SA, 6.38%^(m)	EUR		200		254,621
BBVA Bancomer SA, 5.13%, 01/18/33	USD		220		226,119
Burgan Bank SAK, 5.75%^(m)			250		247,422
CIT Group, Inc., Series A, 5.80%^(m)			235		242,931
Kasikornbank PCL, 5.28%^(m)			405		425,883
Nanyang Commercial Bank Ltd., 5.00%^(m)			200		204,937
Rizal Commercial Banking Corp., 6.50%^(m)			200		207,375
TMB Bank PCL, 4.90%^(m)			250		250,781
Wells Fargo & Co.^(h)(m)
Series S, 5.90%			1,500		1,594,125
Series U, 5.88%			384		422,784

					4,965,224

Consumer Finance — 0.5%
Capital One Financial Corp., Series E, 3.99%^(a)(h)(m)			3,000		2,985,000


Diversified Financial Services^(a)(m)— 2.8%
Bank of America Corp.^(h)
Series AA, 6.10%			15		16,650
Series DD, 6.30%			215		247,250
Series X, 6.25%			1,929		2,135,017
Series Z, 6.50%			143		160,160
BNP Paribas SA, 4.50%^(b)			205		202,335
Citigroup, Inc., Series Q, 4.29%			244		244,073
Credit Suisse Group AG, 6.38%^(b)(h)			495		527,175
Credit Suisse Group AG, 6.25%			200		212,744
HSBC Holdings PLC^(h)
6.25%			695		734,754
6.00%			415		454,321


Security		Par (000)		Value

Diversified Financial Services (continued)
JPMorgan Chase & Co.^(h)
Series FF, 5.00%	USD		2,865	$	2,961,694
Series I, 3.68%			322		321,437
Series V, 3.56%			380		378,290
JPMorgan Chase & Co.
Series HH, 4.60%			253		255,846
Series R, 6.00%			92		96,437
Lloyds Banking Group PLC, 7.50%^(h)			1,250		1,428,125
Morgan Stanley, Series H, 3.85%^(h)			2,754		2,758,117
Natwest Group PLC^(h)
6.00%			1,185		1,300,182
8.63%			200		204,750
Societe Generale SA, 5.38%^(b)(h)			2,250		2,314,688
Woori Bank, 4.25%			250		261,250

					17,215,295

Diversified Telecommunication Services^(a)(m)— 0.1%
Telefonica Europe BV
5.88%	EUR		100		131,343
4.38%			100		127,424

					258,767

Electric Utilities — 0.3%
NextEra Energy Capital Holdings, Inc., 5.65%, 05/01/79^(a)(h)	USD		1,750		1,993,693


Electronic Equipment, Instruments & Components — 0.0%
Belden, Inc., 4.13%, 10/15/26	EUR		100		120,202


Insurance — 0.0%
Heungkuk Life Insurance Co. Ltd., 4.48%^(a)(m)	USD		200		201,688


Oil, Gas & Consumable Fuels — 0.0%
Abertis Infraestructuras Finance BV, 3.25%^(a)(m)	EUR		100		120,135


Utilities — 0.1%
Electricite de France SA, 3.00%^(a)(m)			200		246,235


Wireless Telecommunication Services — 0.0%
Vodafone Group PLC, 3.10%, 01/03/79^(a)			100		122,186


Total Capital Trusts — 4.7%					28,622,625

		Shares

Preferred Stocks — 1.7%

Banks — 0.0%
CF-B L2 (D), LLC, (Acquired 04/08/15, Cost: $132,662)^(g)			135,568		1,395


Capital Markets^(a)(m)— 1.7%
Goldman Sachs Group, Inc., Series J, 5.50%			202,526		5,472,253
Morgan Stanley
Series F, 6.88%			120,000		3,378,000
Series K, 5.85%			53,253		1,516,645


					10,366,898


Total Preferred Stocks — 1.7%					10,368,293

Trust Preferred — 0.5%

Diversified Financial Services — 0.5%
GMAC Capital Trust I, Series 2, 5.98%, 02/15/40^(a).			105,753		2,694,586


Total Preferred Securities — 6.9% (Cost: $39,951,209)					41,685,504


Security		Par (000)		Value

U.S. Government Sponsored Agency Securities

Collateralized Mortgage Obligations — 0.2%
Fannie Mae Connecticut Avenue Securities, Series 2017-C03, Class 1M2, (1 mo. LIBOR US + 3.00%), 3.11%, 10/25/29^(a)	USD		1,441	$	1,472,975


Mortgage-Backed Securities — 0.2%
Uniform Mortgage-Backed Securities 5.00%, 08/01/23			15		15,130
Series K042, Class X1, 1.04%, 12/25/24^(a)			33,141		1,113,441

					1,128,571


Total U.S. Government Sponsored Agency Securities — 0.4% (Cost: $2,636,653)					2,601,546


U.S. Treasury Obligations
U.S. Treasury Bonds^(h)
2.88%, 05/15/49			1,350		1,482,469
1.88%, 02/15/51			6,500		5,768,750
U.S. Treasury Notes^(h)
2.75%, 04/30/23—08/31/25			14,150		15,104,957
1.25%, 03/31/28			8,000		7,917,500
1.13%, 02/15/31			6,500		6,141,484


Total U.S. Treasury Obligations — 6.0% (Cost: $35,501,658)					36,415,160

		Shares

Warrants

Metals & Mining — 0.0%
Ameriforge Group, Inc. (Expires 06/08/22)			2,542		—


Oil, Gas & Consumable Fuels^(f)— 0.0%
California Resources Corp. (Expires 10/27/24)			345		1,570
SM Energy Co. (Expires 06/30/23)			12,030		196,811

					198,381


Total Warrants — 0.0% (Cost: $51,609)					198,381


Total Long-Term Investments — 150.2% (Cost: $894,894,697)					912,950,908


Short-Term Securities

Money Market Funds — 0.9%
BlackRock Liquidity Funds, T-Fund, Institutional Class, 0.01%^(q)(s)			5,662,331		5,662,331


Total Short-Term Securities — 0.9% (Cost: $5,662,331)					5,662,331


Options Purchased — 1.1% (Cost: $2,474,128)					6,362,677


Total Investments Before Options Written — 152.2% (Cost: $903,031,156)					924,975,916


Options Written — (1.1)% (Premiums Received: $(5,005,930))					(6,851,495	)


Total Investments, Net of Options Written — 151.1% (Cost: $898,025,226)					918,124,421

Liabilities in Excess of Other Assets — (51.1)%					(310,343,942	)


Net Assets — 100.0%				$	607,780,479

(a)	Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

(b)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

(c)	When-issued security.

(d)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(e)	Step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate as of period end.

(f)	Non-income producing security.

(g)	Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $156,324, representing less than 0.05% of its net assets as of period end, and an original cost of $187,539.

(h)	All or a portion of the security has been pledged as collateral in connection with outstanding reverse repurchase agreements.

(i)	Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

(j)	Issuer filed for bankruptcy and/or is in default.

(k)	Convertible security.

(l)	Zero-coupon bond.

(m)	Perpetual security with no stated maturity date.

(n)	All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written.

(o)	Amount is less than 500.

(p)	Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate.

(q)	Affiliate of the Fund.

(r)	Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities.

(s)	Annualized 7-day yield as of period end.

For Fund compliance purposes, the Fund’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.

Investments in issuers considered to be affiliate(s) of the Fund during the period ended March 31, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

Certain investments of the Fund were fair valued using net asset value (“NAV”) per share as no quoted market value is available and therefore have been excluded from the fair value hierarchy.

The following table summarizes the Fund’s investments categorized in the fair value hierarchy. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount or face value, including accrued interest, for financial statement purposes. As of period end, reverse repurchase agreements of $298,868,515 are categorized as Level 2 within the fair value hierarchy.

A reconciliation of Level 3 financial instruments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

The Fund’s financial instruments that are categorized as Level 3 were valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of such Level 3 financial instruments.


Affiliated Issuer	Value at 12/31/20		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value at 03/31/21		Shares Held at 03/31/21		Income		Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds, T-Fund, Institutional Class	$	9,760,422	$	—	$	(4,098,091	)^(a)	$	—	$	—		$	5,662,331		5,662,331	$	412	$	—
iShares iBoxx $ Investment Grade Corporate Bond ETF		1,381,300		—		—			—		(80,800	)		1,300,500		10,000		5,365		—

								$	—	$	(80,800	)	$	6,962,831			$	5,777	$	—


Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)
Long Contracts
10-Year U.S. Ultra Note		107		06/21/21	$	15,375	$	(421,032	)

Short Contracts
Euro-BOBL		1		06/08/21		158		480
10-Year U.S. Treasury Note		296		06/21/21		38,758		837,154
Long U.S. Treasury Bond		34		06/21/21		5,256		208,516
U.S. Ultra Bond		49		06/21/21		8,880		252,894
2-Year U.S. Treasury Note		295		06/30/21		65,114		22,767
5-Year U.S. Treasury Note		200		06/30/21		24,680		100,304

								1,422,115

							$	1,001,083


Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
AUD	5,830,000	NZD	6,309,846	JPMorgan Chase Bank N.A.		06/16/21	$	23,488
MXN	96,640,557	EUR	3,770,000	Barclays Bank PLC		06/16/21		263,874
NZD	6,464,323	AUD	5,930,000	Bank of America N.A.		06/16/21		8,402
NZD	6,357,179	AUD	5,830,000	JPMorgan Chase Bank N.A.		06/16/21		9,564
USD	50,873	EUR	43,000	Bank of America N.A.		06/16/21		371
USD	83,409	EUR	70,000	BNP Paribas S.A.		06/16/21		1,197
USD	97,233	EUR	81,000	State Street Bank and Trust Co.		06/16/21		2,102
USD	110,463	EUR	94,000	State Street Bank and Trust Co.		06/16/21		64
USD	976,637	EUR	818,000	State Street Bank and Trust Co.		06/16/21		15,933
USD	8,743,100	EUR	7,323,000	State Street Bank and Trust Co.		06/16/21		142,560
USD	1,359,549	GBP	973,000	Bank of America N.A.		06/16/21		17,884
USD	1,270,197	GBP	909,000	Morgan Stanley & Co. International PLC		06/16/21		16,780
USD	6,474,863	GBP	4,635,000	Morgan Stanley & Co. International PLC		06/16/21		83,682

								585,901

AUD	5,930,000	NZD	6,469,390	JPMorgan Chase Bank N.A.		06/16/21		(11,941	)
EUR	3,770,000	MXN	93,881,294	Citibank N.A.		06/16/21		(129,921	)

								(141,862	)

							$	444,039


Description	Paid by the Fund		Received by the Fund				Counterparty	Expiration Date		Exercise Rate			Notional Amount (000)			Value
Description	Rate	Frequency	Rate			Frequency	Counterparty	Expiration Date		Exercise Rate			Notional Amount (000)			Value
Call (continued)
10-Year Interest Rate Swap, 01/22/32	1.04%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Bank of America N.A.		01/20/22		1.04	%		USD	19,360	$	(63,658	)
10-Year Interest Rate Swap, 01/29/32	1.00%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Deutsche Bank AG		01/27/22		1.00			USD	2,690		(8,294	)
10-Year Interest Rate Swap, 01/29/32	1.25%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Bank of America N.A.		01/27/22		1.25			USD	2,460		(13,465	)
10-Year Interest Rate Swap, 02/20/32	1.62%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Bank of America N.A.		02/18/22		1.62			USD	2,350		(30,950	)
10-Year Interest Rate Swap, 02/24/32	1.42%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Barclays Bank PLC		02/22/22		1.41			USD	9,940		(84,275	)
2-Year Interest Rate Swap, 02/25/24	0.41%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Goldman Sachs Bank USA		02/23/22		0.41			USD	40,050		(57,391	)
2-Year Interest Rate Swap, 03/03/24	0.51%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Deutsche Bank AG		03/01/22		0.51			USD	23,990		(53,023	)
2-Year Interest Rate Swap, 03/04/24	0.49%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	JPMorgan Chase Bank N.A.		03/02/22		0.49			USD	36,010		(72,503	)
2-Year Interest Rate Swap, 03/05/24	0.52%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Citibank N.A.		03/03/22		0.52			USD	12,275		(27,952	)
2-Year Interest Rate Swap, 03/23/24	0.56%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Deutsche Bank AG		03/21/22		0.56			USD	12,275		(32,328	)
2-Year Interest Rate Swap, 03/25/24	0.57%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Deutsche Bank AG		03/23/22		0.57			USD	23,990		(64,493	)
10-Year Interest Rate Swap, 08/10/32	0.72%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Deutsche Bank AG		08/08/22		0.72			USD	1,060		(3,166	)
10-Year Interest Rate Swap, 10/13/32	1.06%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Deutsche Bank AG		10/11/22		1.06			USD	1,875		(11,461	)
10-Year Interest Rate Swap, 12/17/32	1.23%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Barclays Bank PLC		12/15/22		1.23			USD	3,485		(29,701	)
10-Year Interest Rate Swap, 12/18/32	1.23%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Goldman Sachs Bank USA		12/16/22		1.23			USD	1,742		(15,044	)
10-Year Interest Rate Swap, 12/18/32	1.25%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Goldman Sachs Bank USA		12/16/22		1.25			USD	1,743		(15,353	)
10-Year Interest Rate Swap, 01/01/32	1.25%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Citibank N.A.		12/30/22		1.25			USD	1,930		(17,443	)
10-Year Interest Rate Swap, 01/11/33	1.44%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Barclays Bank PLC		01/09/23		1.44			USD	3,520		(43,023	)
10-Year Interest Rate Swap, 01/14/33	1.57%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	JPMorgan Chase Bank N.A.		01/12/23		1.57			USD	1,820		(27,295	)
10-Year Interest Rate Swap, 03/03/33	2.01%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Bank of America N.A.		03/01/23		2.01			USD	3,660		(104,989	)
10-Year Interest Rate Swap, 03/04/33	1.98%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	JPMorgan Chase Bank N.A.		03/02/23		1.97			USD	1,850		(50,531	)
10-Year Interest Rate Swap, 03/04/33	1.98%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	BNP Paribas S.A.		03/02/23		1.98			USD	1,850		(51,013	)
10-Year Interest Rate Swap, 03/05/33	2.03%	Semi-Annual		3-Month LIBOR, 0.19	%	Quarterly	Barclays Bank PLC		03/03/23		2.02			USD	925		(27,021	)

																	(928,845	)

Put
2-Year Interest Rate Swap, 08/11/23	6-Month EURIBOR, (0.51%)	Semi-Annual		(0.25	%)	Annual	Barclays Bank PLC		08/09/21		(0.25	)		EUR	68,730		(5,690	)
5-Year Interest Rate Swap, 09/05/26	3-Month LIBOR, 0.19%	Quarterly		0.60	%	Semi-Annual	Deutsche Bank AG		09/03/21		0.60			USD	6,900		(217,012	)
10-Year Interest Rate Swap, 10/02/31	3-Month LIBOR, 0.19%	Quarterly		1.45	%	Semi-Annual	Bank of America N.A.		09/30/21		1.45			USD	4,340		(209,197	)
10-Year Interest Rate Swap, 01/22/32	3-Month LIBOR, 0.19%, 0.19%	Quarterly		1.54	%	Semi-Annual	Bank of America N.A.		01/20/22		1.54			USD	19,360		(992,579	)
10-Year Interest Rate Swap, 01/29/32	3-Month LIBOR, 0.19%	Quarterly		1.25	%	Semi-Annual	Bank of America N.A.		01/27/22		1.25			USD	2,460		(181,232	)


Reference Obligation/Index	Financing Rate Paid by the Fund			Payment Frequency		Termination Date		Notional Amount (000)		Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
CDX.NA.HY.35.V1		5.00	%		Quarterly		12/20/25		USD 1,895	$	(175,104	)	$	(165,103	)	$	(10,001	)
CDX.NA.HY.36.V1		5.00			Quarterly		06/20/26		USD 4,240		(384,046	)		(360,720	)		(23,326	)
CDX.NA.IG.36.V1.		1.00			Quarterly		06/20/26		USD 34,830		(823,930	)		(753,543	)		(70,387	)

										$	(1,383,080	)	$	(1,279,366	)	$	(103,714	)


Paid by the Fund		Received by the Fund		Effective Date			Termination Date		Notional Amount (000)		Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
Rates	Frequency	Rate	Frequency	Effective Date			Termination Date		Notional Amount (000)		Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
0.35%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			10/01/25	USD	1,220	$	29,571		$	10		$	29,561
3-Month LIBOR, 0.19%	Quarterly	0.45%	Semi-Annual		N/A			11/12/25	USD	7,030		(148,976	)		65			(149,041	)
0.56%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			01/12/26	USD	545		10,770			5			10,765
3-Month LIBOR, 0.19%	Quarterly	0.48%	Semi-Annual		N/A			01/21/26	USD	5,220		(125,560	)		46			(125,606	)
1.54%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		02/25/25	^(a)		02/25/26	USD	9,080		46,040			16			46,024
1.62%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		02/26/25	^(a)		02/26/26	USD	7,120		30,322			13			30,309
1.71%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		03/06/25	^(a)		03/06/26	USD	2,590		9,006			5			9,001
1.35%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		03/22/22	^(a)		03/22/27	USD	1,544		8,782			14			8,768
3-Month LIBOR, 0.19%	Quarterly	1.37%	Semi-Annual		03/22/22	^(a)		03/22/27	USD	2,643		(12,518	)		24			(12,542	)
3-Month LIBOR, 0.19%	Quarterly	1.33%	Semi-Annual		03/29/22	^(a)		03/29/27	USD	1,115		(7,518	)		10			(7,528	)
3-Month LIBOR, 0.19%	Quarterly	1.40%	Semi-Annual		03/30/22	^(a)		03/30/27	USD	1,099		(4,125	)		10			(4,135	)
0.50%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			08/19/27	USD	80		4,105			1			4,104
0.84%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		03/31/21	^(a)		11/15/27	USD	5,460		184,998			70			184,928
1.27%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		06/30/21	^(a)		02/15/28	USD	5,390		64,870			69			64,801
3-Month LIBOR, 0.19%	Quarterly	1.57%	Semi-Annual		N/A			02/11/30	USD	5		(29	)		188			(217	)
0.80%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			10/08/30	USD	1,520		122,939			24			122,915
0.53%	Quarterly	3-Month LIBOR, 0.19%	Quarterly		N/A			10/21/30	USD	25		2,155			—			2,155
3-Month LIBOR, 0.19%	Quarterly	0.56%	Quarterly		N/A			10/21/30	USD	25		(2,211	)		—			(2,211	)
0.90%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			10/27/30	USD	890		64,327			14			64,313
0.90%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			10/27/30	USD	890		64,496			14			64,482
0.88%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			11/04/30	USD	680		50,333			11			50,322
0.90%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			11/05/30	USD	1,720		125,054			28			125,026
0.95%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			11/12/30	USD	1,350		92,139			22			92,117
0.96%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			11/12/30	USD	2,260		152,851			37			152,814
1.78%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		06/30/21	^(a)		11/15/30	USD	4,110		274			66			208
0.93%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			11/16/30	USD	480		33,615			8			33,607
0.95%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			12/04/30	USD	890		61,874			14			61,860
0.98%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			12/08/30	USD	480		32,018			8			32,010
0.96%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			12/11/30	USD	1,100		75,730			18			75,712
0.97%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			12/29/30	USD	830		57,446			13			57,433
1.02%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			01/08/31	USD	1,230		81,221			20			81,201
1.04%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			01/08/31	USD	1,220		78,361			19			78,342
1.09%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			01/11/31	USD	1,230		73,522			20			73,502
1.09%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			01/12/31	USD	1,240		73,439			20			73,419
1.13%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			01/13/31	USD	1,250		70,032			20			70,012
1.15%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			01/13/31	USD	623		33,607			10			33,597
1.19%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			01/14/31	USD	1,240		62,291			20			62,271
1.19%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			01/14/31	USD	620		31,234			10			31,224
(0.21%)	Annual	6-Month EURIBOR, (0.51%)	Semi-Annual		N/A			01/28/31	EUR	1,290		39,510			(670	)		40,180
1.16%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/04/31	USD	500		26,813			8			26,805
1.17%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/04/31	USD	1,240		66,155			20			66,135
1.18%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/04/31	USD	1,080		56,698			17			56,681
1.19%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/05/31	USD	625		31,817			10			31,807
1.19%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/05/31	USD	385		19,635			6			19,629
1.23%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/08/31	USD	1,250		59,679			20			59,659
1.26%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/09/31	USD	790		35,714			13			35,701
1.39%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/18/31	USD	630		20,669			10			20,659
1.41%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/18/31	USD	630		19,625			10			19,615
1.51%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			02/26/31	USD	1,270		28,567			20			28,547
1.54%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/01/31	USD	830		16,706			13			16,693
1.59%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/01/31	USD	1,270		18,769			20			18,749
1.57%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/08/31	USD	1,280		21,987			21			21,966
1.64%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/08/31	USD	635		6,970			10			6,960
1.65%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/08/31	USD	635		6,399			10			6,389
1.68%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/09/31	USD	640		4,311			10			4,301
1.69%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/09/31	USD	640		4,069			10			4,059
1.70%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/09/31	USD	1,280		6,079			21			6,058
1.58%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/12/31	USD	440		7,302			7			7,295
1.66%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/16/31	USD	635		5,771			10			5,761
1.68%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/19/31	USD	635		4,857			10			4,847
1.76%	Semi-Annual	3-Month LIBOR, 0.19%	Quarterly		N/A			03/22/31	USD	635		171			10			161


Reference Obligation/Index	Financing Rate Received by the Fund			Payment Frequency		Counterparty	Termination Date		Credit Rating^(a)	Notional Amount (000)^(b)			Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
AVGO		1.00	%		Quarterly	Citibank N.A.		06/20/24	BBB-		USD	1,185	$	17,426		$	(59,281	)	$	76,707
Adler Real Estate AG		5.00			Quarterly	Morgan Stanley & Co. International PLC		12/20/25	BB+		EUR	60		1,698			1,626			72
Virgin Media Finance PLC		5.00			Quarterly	JPMorgan Chase Bank N.A.		12/20/25	B		EUR	70		1,340			1,255			85
International Game Technology PLC		5.00			Quarterly	JPMorgan Chase Bank N.A.		06/20/26	BB		EUR	30		1,113			1,111			2
CMBX.NA.8		3.00			Monthly	Barclays Bank PLC		10/17/57	NR		USD	5,000		(779,679	)		(493,542	)		(286,137	)
CMBX.NA.8		3.00			Monthly	Credit Suisse International		10/17/57	NR		USD	2,500		(389,840	)		(244,136	)		(145,704	)
						Morgan Stanley & Co.
CMBX.NA.8		3.00			Monthly	International PLC		10/17/57	NR		USD	4,450		(693,915	)		(576,247	)		(117,668	)
						Morgan Stanley & Co.
CMBX.NA.9		3.00			Monthly	International PLC		09/17/58	NR		USD	1,528		(167,795	)		(170,109	)		2,314
CMBX.NA.9		3.00			Monthly	Credit Suisse International		09/17/58	NR		USD	5,000		(548,649	)		(529,099	)		(19,550	)
CMBX.NA.9		3.00			Monthly	Credit Suisse International		09/17/58	NR		USD	5,000		(548,649	)		(529,099	)		(19,550	)
CMBX.NA.9		3.00			Monthly	Credit Suisse International		09/17/58	NR		USD	5,000		(548,649	)		(523,320	)		(25,329	)

													$	(3,655,599	)	$	(3,120,841	)	$	(534,758	)


	Level 1		Level 2		Level 3		Total
Assets
Investments
Long-Term Investments
Asset-Backed Securities	$	—	$	26,271,577	$	715,673	$	26,987,250
Common Stocks
Construction & Engineering		38,270		—		—		38,270
Consumer Finance		16,533		—		—		16,533
Diversified Financial Services		—		—		5,467		5,467
Energy Equipment & Services		—		—		1,583		1,583
Household Durables		—		—		—		—
Media		70,040		—		—		70,040
Metals & Mining		—		17,622		344		17,966
Oil, Gas & Consumable Fuels		16,842		154,929		—		171,771
Software		533		—		—		533
Specialty Retail		—		93,765		—		93,765
Corporate Bonds
Aerospace & Defense		—		13,769,914		—		13,769,914
Air Freight & Logistics		—		18,878		—		18,878
Airlines		—		11,882,317		—		11,882,317
Auto Components		—		6,061,200		—		6,061,200
Automobiles		—		10,382,462		—		10,382,462
Banks		—		11,161,131		—		11,161,131
Beverages		—		8,591,321		—		8,591,321
Biotechnology		—		74,290		—		74,290
Building Materials		—		4,955,820		—		4,955,820
Building Products		—		2,654,692		—		2,654,692
Capital Markets		—		5,485,300		—		5,485,300
Chemicals		—		6,993,289		—		6,993,289
Commercial Services & Supplies		—		3,920,111		—		3,920,111
Communications Equipment		—		4,254,551		—		4,254,551
Construction & Engineering		—		1,168,415		—		1,168,415
Construction Materials		—		5,149,964		—		5,149,964
Consumer Discretionary		—		5,349,015		—		5,349,015
Consumer Finance		—		5,889,765		—		5,889,765


	Asset-Backed Securities			Common Stocks			Corporate Bonds			Floating Rate Loan Interests			Other Interests			Warrants			Total
Assets
Opening balance, as of December 31, 2020	$	814,296		$	24,676		$	1,642,502		$	7,511,633		$	—	^(b)	$	—	^(b)	$	9,993,107
Transfers into Level 3		—			—			—			1,967,795			—			—			1,967,795
Transfers out of Level 3		—			—			—			(2,772,471	)		—			—	^(b)		(2,772,471	)
Accrued discounts/premiums		(21,745	)		—			1,865			1,095			—			—			(18,785	)
Net realized gain (loss)		—			—			—			17,134			—			—			17,134
Net change in unrealized appreciation (depreciation)^(a)		19,856			(17,282	)		(68,839	)		18,159			—			—			(48,106	)
Purchases		—			—			1,513			3,429,426			—			—			3,430,939
Sales		(96,734	)		—			(19,845	)		(1,370,091	)		—			—			(1,486,670	)

Closing balance, as of March 31, 2021	$	715,673		$	7,394		$	1,557,196		$	8,802,680		$	—	^(b)	$	—		$	11,082,943

Net change in unrealized appreciation (depreciation) on investments still held at March 31, 2021^(a)	$	19,856		$	(17,282	)	$	(68,839	)	$	33,669		$	—		$	—		$	(32,596	)


Currency Abbreviation

AUD		Australian Dollar
EUR		Euro
GBP		British Pound
MXN		Mexican Peso
NZD		New Zealand Dollar
USD		United States Dollar

Portfolio Abbreviation

ABS		Asset-Backed Security
CLO		Collateralized Loan Obligation
CMT		Constant Maturity Treasury
CR		Custodian Receipt
DAC		Designated Activity Company
DIP		Debtor-In-Possession
ETF		Exchange-Traded Fund
EURIBOR		Euro Interbank Offered Rate
LIBOR		London Interbank Offered Rate
MSCI		Morgan Stanley Capital International
MTN		Medium-Term Note
PCL		Public Company Limited
PIK		Payment-in-Kind
PJSC		Public Joint Stock Company
REIT		Real Estate Investment Trust
SAB		Special Assessment Bonds