| Cash & Other | 2.73 | 2,682,670 |
| First American Government Obligations Fund 02/01/2030 | 2.69 | 2,637,966 |
| iShares Broad USD High Yield Corporate Bond ETF | 2.59 | 68,130 |
| Antero Midstream Partners LP / Antero Midstream Finance Corp 5.75% 01/15/2028 | 1.28 | 1,250,000 |
| Freedom Mortgage Holdings LLC 9.25% 02/01/2029 | 1.15 | 1,100,000 |
| Warrior Met Coal Inc 7.875% 12/01/2028 | 1.07 | 1,009,000 |
| Taseko Mines Ltd 8.25% 05/01/2030 | 1.06 | 1,000,000 |
| A&D Mortgage Trust 2024-NQM1 8.5596% 02/25/2069 | 1.06 | 1,000,000 |
| COLT 2023-4 Mortgage Loan Trust 8.2918% 10/25/2068 | 1.06 | 1,000,000 |
| Cinemark USA Inc 7% 08/01/2032 | 1.06 | 1,000,000 |
| Oaktown Re VII Ltd 9.7488% 04/25/2034 | 1.05 | 1,000,000 |
| Verus Securitization Trust 2024-2 7.864% 02/25/2069 | 1.05 | 1,000,000 |
| COLT 2024-1 Mortgage Loan Trust 7.827% 02/25/2069 | 1.04 | 1,000,000 |
| Bellemeade Re Ltd 10.3381% 08/25/2034 | 1.03 | 1,000,000 |
| Post Holdings Inc 6.375% 03/01/2033 | 1.03 | 1,000,000 |
| Morgan Stanley Residential Mortgage Loan Trust 2024-3 6.866% 07/25/2054 | 1.00 | 1,160,000 |
| COLT 2022-7 Mortgage Loan Trust 6.2922% 04/25/2067 | 1.00 | 1,000,000 |
| CVR Partners LP / CVR Nitrogen Finance Corp 6.125% 06/15/2028 | 0.99 | 1,000,000 |
| Directv Financing LLC / Directv Financing Co-Obligor Inc 5.875% 08/15/2027 | 0.99 | 1,000,000 |
| Shelf Drilling Holdings Ltd 9.625% 04/15/2029 | 0.97 | 1,000,000 |
| American Axle & Manufacturing Inc 5% 10/01/2029 | 0.95 | 1,000,000 |
| DaVita Inc 6.875% 09/01/2032 | 0.94 | 900,000 |
| New Residential Mortgage Loan Trust 2015-1 5.2087% 05/28/2052 | 0.94 | 1,314,869 |
| SunCoke Energy Inc 4.875% 06/30/2029 | 0.93 | 1,000,000 |
| Hilcorp Energy I LP / Hilcorp Finance Co 5.75% 02/01/2029 | 0.91 | 900,000 |
| PRPM 2024-RCF1 LLC 4% 01/25/2054 | 0.88 | 1,000,000 |
| STAR 2021-1 Trust 3.52% 05/25/2065 | 0.88 | 1,000,000 |
| GCAT 2023-NQM2 Trust 6.9743% 11/25/2067 | 0.87 | 850,000 |
| Citigroup Mortgage Loan Trust 2024-1 6.8317% 07/25/2054 | 0.87 | 1,016,000 |
| PRPM 2024-RCF5 LLC 4% 08/25/2054 | 0.86 | 1,000,000 |
| Home RE 2021-2 Ltd 9.4988% 01/25/2034 | 0.84 | 800,000 |
| Archrock Partners LP / Archrock Partners Finance Corp 6.625% 09/01/2032 | 0.83 | 800,000 |
| Global Aircraft Leasing Co Ltd 8.75% 09/01/2027 | 0.77 | 750,000 |
| Radnor RE 2021-1 Ltd 8.4988% 12/27/2033 | 0.77 | 750,000 |
| USA Compression Partners LP / USA Compression Finance Corp 6.875% 09/01/2027 | 0.77 | 750,000 |
| Venture Global LNG Inc 8.375% 06/01/2031 | 0.76 | 700,000 |
| Goodyear Tire & Rubber Co/The 5% 07/15/2029 | 0.76 | 797,000 |
| Rate Mortgage Trust 2024-J1 6.4973% 07/25/2054 | 0.75 | 929,000 |
| Owens-Brockway Glass Container Inc 7.25% 05/15/2031 | 0.75 | 725,000 |
| VT Topco Inc 8.5% 08/15/2030 | 0.75 | 700,000 |
| Progress Residential 2021-SFR1 2.757% 04/17/2038 | 0.73 | 765,000 |
| HAT Holdings I LLC / HAT Holdings II LLC 3.375% 06/15/2026 | 0.73 | 750,000 |
| B&G Foods Inc 8% 09/15/2028 | 0.69 | 650,000 |
| Nationstar Mortgage Holdings Inc 6% 01/15/2027 | 0.66 | 650,000 |
| Stena International SA 7.25% 01/15/2031 | 0.66 | 625,000 |
| JP Morgan Mortgage Trust 2020-2 3.8243% 07/25/2050 | 0.64 | 696,700 |
| JP Morgan Mortgage Trust 2020-3 3.8361% 08/25/2050 | 0.64 | 692,824 |
| Mercer International Inc 5.125% 02/01/2029 | 0.62 | 750,000 |
| Sally Holdings LLC / Sally Capital Inc 6.75% 03/01/2032 | 0.62 | 600,000 |
| Calumet Specialty Products Partners LP / Calumet Finance Corp 8.125% 01/15/2027 | 0.59 | 600,000 |
| Cargo Aircraft Management Inc 4.75% 02/01/2028 | 0.59 | 600,000 |
| Gray Television Inc 5.375% 11/15/2031 | 0.58 | 1,000,000 |
| Knife River Corp 7.75% 05/01/2031 | 0.54 | 500,000 |
| StoneX Group Inc 7.875% 03/01/2031 | 0.54 | 500,000 |
| Standard Building Solutions Inc 6.5% 08/15/2032 | 0.53 | 500,000 |
| XPO Inc 7.125% 06/01/2031 | 0.53 | 500,000 |
| Zebra Technologies Corp 6.5% 06/01/2032 | 0.53 | 500,000 |
| GGAM Finance Ltd 8% 02/15/2027 | 0.53 | 500,000 |
| Encore Capital Group Inc 8.5% 05/15/2030 | 0.53 | 500,000 |
| EquipmentShare.com Inc 9% 05/15/2028 | 0.53 | 500,000 |
| Builders FirstSource Inc 6.375% 03/01/2034 | 0.53 | 500,000 |
| Bellemeade Re Ltd 11.3381% 08/25/2034 | 0.52 | 500,000 |
| Advanced Drainage Systems Inc 6.375% 06/15/2030 | 0.52 | 500,000 |
| Cleveland-Cliffs Inc 6.75% 04/15/2030 | 0.52 | 500,000 |
| Hecla Mining Co 7.25% 02/15/2028 | 0.52 | 500,000 |
| Moss Creek Resources Holdings Inc 8.25% 09/01/2031 | 0.52 | 500,000 |
| PRPM 2024-2 LLC 10.037% 03/25/2029 | 0.52 | 500,000 |
| Resideo Funding Inc 6.5% 07/15/2032 | 0.52 | 500,000 |
| Select Medical Corp 6.25% 08/15/2026 | 0.51 | 500,000 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp 7.5% 10/01/2025 | 0.51 | 500,000 |
| OneMain Finance Corp 7.125% 11/15/2031 | 0.51 | 500,000 |
| Cars.com Inc 6.375% 11/01/2028 | 0.51 | 500,000 |
| Freedom Mortgage Corp 7.625% 05/01/2026 | 0.51 | 500,000 |
| CITGO Petroleum Corp 7% 06/15/2025 | 0.51 | 500,000 |
| goeasy Ltd 4.375% 05/01/2026 | 0.50 | 500,000 |
| PBF Holding Co LLC / PBF Finance Corp 6% 02/15/2028 | 0.50 | 500,000 |
| PHH Mortgage Corp 7.875% 03/15/2026 | 0.50 | 500,000 |
| Methanex Corp 5.25% 12/15/2029 | 0.50 | 500,000 |
| Medline Borrower LP 5.25% 10/01/2029 | 0.50 | 500,000 |
| Genesis Energy LP / Genesis Energy Finance Corp 8.25% 01/15/2029 | 0.50 | 475,000 |
| LPL Holdings Inc 4.625% 11/15/2027 | 0.50 | 500,000 |
| Upbound Group Inc 6.375% 02/15/2029 | 0.50 | 500,000 |
| White Cap Buyer LLC 6.875% 10/15/2028 | 0.50 | 500,000 |
| United Wholesale Mortgage LLC 5.5% 04/15/2029 | 0.50 | 500,000 |
| Vertiv Group Corp 4.125% 11/15/2028 | 0.49 | 500,000 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp 6% 12/31/2030 | 0.49 | 500,000 |
| Coherent Corp 5% 12/15/2029 | 0.49 | 500,000 |
| Marriott Ownership Resorts Inc 4.75% 01/15/2028 | 0.49 | 500,000 |
| FirstCash Inc 4.625% 09/01/2028 | 0.49 | 500,000 |
| Arrow Bidco LLC 10.75% 06/15/2025 | 0.49 | 470,000 |
| Performance Food Group Inc 4.25% 08/01/2029 | 0.48 | 500,000 |
| STL Holding Co LLC 8.75% 02/15/2029 | 0.48 | 450,000 |
| Seaspan Corp 5.5% 08/01/2029 | 0.48 | 500,000 |
| Verus Securitization Trust 2023-3 7.8607% 03/25/2068 | 0.47 | 450,000 |
| GGAM Finance Ltd 6.875% 04/15/2029 | 0.47 | 450,000 |
| Consolidated Communications Inc 6.5% 10/01/2028 | 0.47 | 500,000 |
| Reworld Holding Corp 5% 09/01/2030 | 0.47 | 500,000 |
| Progress Residential 2021-SFR9 Trust 4.053% 11/17/2040 | 0.46 | 500,000 |
| PRA Group Inc 5% 10/01/2029 | 0.46 | 500,000 |
| Consolidated Energy Finance SA 12% 02/15/2031 | 0.45 | 450,000 |
| Sotheby's/Bidfair Holdings Inc 5.875% 06/01/2029 | 0.45 | 500,000 |
| New Fortress Energy Inc 6.5% 09/30/2026 | 0.44 | 500,000 |
| Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd 11% 04/15/2029 | 0.42 | 412,500 |
| CSC Holdings LLC 5.5% 04/15/2027 | 0.42 | 500,000 |
| Cleveland-Cliffs Inc 5.875% 06/01/2027 | 0.41 | 400,000 |
| New Fortress Energy Inc 6.75% 09/15/2025 | 0.41 | 413,000 |
| Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC 6.5% 02/15/2029 | 0.39 | 500,000 |
| Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp 5.25% 04/15/2030 | 0.36 | 500,000 |
| Phinia Inc 6.75% 04/15/2029 | 0.36 | 345,000 |
| Carnival Corp 6% 05/01/2029 | 0.36 | 350,000 |
| MPT Operating Partnership LP / MPT Finance Corp 3.5% 03/15/2031 | 0.35 | 500,000 |
| LD Holdings Group LLC 6.125% 04/01/2028 | 0.35 | 400,000 |
| GS Mortgage-Backed Securities Corp Trust 2019-PJ1 4.0404% 08/25/2049 | 0.33 | 512,477 |
| Genesee & Wyoming Inc 6.25% 04/15/2032 | 0.31 | 300,000 |
| NCL Corp Ltd 5.875% 03/15/2026 | 0.31 | 300,000 |
| RHP Hotel Properties LP / RHP Finance Corp 6.5% 04/01/2032 | 0.31 | 300,000 |
| Townsquare Media Inc 6.875% 02/01/2026 | 0.31 | 300,000 |
| American Airlines Inc/AAdvantage Loyalty IP Ltd 5.5% 04/20/2026 | 0.30 | 291,667 |
| Mueller Water Products Inc 4% 06/15/2029 | 0.29 | 300,000 |
| Sotheby's 7.375% 10/15/2027 | 0.29 | 300,000 |
| Great Lakes Dredge & Dock Corp 5.25% 06/01/2029 | 0.28 | 300,000 |
| Axalta Coating Systems Dutch Holding B BV 7.25% 02/15/2031 | 0.27 | 250,000 |
| Helix Energy Solutions Group Inc 9.75% 03/01/2029 | 0.27 | 250,000 |
| Herc Holdings Inc 6.625% 06/15/2029 | 0.26 | 250,000 |
| Kinetik Holdings LP 5.875% 06/15/2030 | 0.26 | 250,000 |
| Marlette Funding Trust 2023-1 8.15% 04/15/2033 | 0.26 | 250,000 |
| Post Holdings Inc 6.25% 02/15/2032 | 0.26 | 250,000 |
| PRA Group Inc 7.375% 09/01/2025 | 0.26 | 250,000 |
| OneMain Finance Corp 7.5% 05/15/2031 | 0.26 | 250,000 |
| Archrock Partners LP / Archrock Partners Finance Corp 6.875% 04/01/2027 | 0.26 | 252,000 |
| Fortress Transportation and Infrastructure Investors LLC 9.75% 08/01/2027 | 0.26 | 250,000 |
| Encino Acquisition Partners Holdings LLC 8.5% 05/01/2028 | 0.26 | 250,000 |
| Sealed Air Corp 6.5% 07/15/2032 | 0.26 | 250,000 |
| Veros Auto Receivables Trust 2024-1 9.87% 05/15/2031 | 0.26 | 250,000 |
| Vistra Operations Co LLC 6.875% 04/15/2032 | 0.26 | 250,000 |
| Univision Communications Inc 6.625% 06/01/2027 | 0.25 | 250,000 |
| Smyrna Ready Mix Concrete LLC 6% 11/01/2028 | 0.25 | 250,000 |
| Sensata Technologies BV 5.875% 09/01/2030 | 0.25 | 250,000 |
| Atlantica Sustainable Infrastructure PLC 4.125% 06/15/2028 | 0.25 | 250,000 |
| Beacon Roofing Supply Inc 4.5% 11/15/2026 | 0.25 | 250,000 |
| Builders FirstSource Inc 5% 03/01/2030 | 0.25 | 250,000 |
| Brundage-Bone Concrete Pumping Holdings Inc 6% 02/01/2026 | 0.25 | 250,000 |
| Outfront Media Capital LLC / Outfront Media Capital Corp 5% 08/15/2027 | 0.25 | 250,000 |
| 1011778 BC ULC / New Red Finance Inc 4.375% 01/15/2028 | 0.25 | 250,000 |
| PennyMac Financial Services Inc 5.75% 09/15/2031 | 0.25 | 250,000 |
| Pike Corp 8.625% 01/31/2031 | 0.25 | 225,000 |
| Nexstar Media Inc 5.625% 07/15/2027 | 0.25 | 250,000 |
| Moog Inc 4.25% 12/15/2027 | 0.25 | 250,000 |
| Matthews International Corp 5.25% 12/01/2025 | 0.25 | 250,000 |
| Korn Ferry 4.625% 12/15/2027 | 0.25 | 250,000 |
| Lithia Motors Inc 4.625% 12/15/2027 | 0.25 | 250,000 |
| Lamar Media Corp 4.875% 01/15/2029 | 0.25 | 250,000 |
| Prime Security Services Borrower LLC / Prime Finance Inc 3.375% 08/31/2027 | 0.24 | 250,000 |
| Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed 4.625% 03/01/2029 | 0.24 | 250,000 |
| TreeHouse Foods Inc 4% 09/01/2028 | 0.24 | 250,000 |
| Venture Global Calcasieu Pass LLC 4.125% 08/15/2031 | 0.24 | 250,000 |
| Venture Global Calcasieu Pass LLC 3.875% 11/01/2033 | 0.23 | 250,000 |
| Huntington Bank Auto Credit-Linked Notes Series 2024-1 10.6032% 05/20/2032 | 0.23 | 223,485 |
| Clarios Global LP 6.75% 05/15/2025 | 0.23 | 226,000 |
| Exeter Automobile Receivables Trust 2023-2 9.75% 11/15/2030 | 0.22 | 200,000 |
| Greenfire Resources Ltd 12% 10/01/2028 | 0.22 | 200,000 |
| goeasy Ltd 9.25% 12/01/2028 | 0.22 | 200,000 |
| Jefferson Capital Holdings LLC 9.5% 02/15/2029 | 0.22 | 200,000 |
| Macquarie Airfinance Holdings Ltd 8.125% 03/30/2029 | 0.22 | 200,000 |
| Macquarie Airfinance Holdings Ltd 6.5% 03/26/2031 | 0.22 | 200,000 |
| NOVA Chemicals Corp 8.5% 11/15/2028 | 0.22 | 200,000 |
| US Foods Inc 7.25% 01/15/2032 | 0.22 | 200,000 |
| Tricolor Auto Securitization Trust 2023-1 16% 06/17/2030 | 0.22 | 200,000 |
| SBNA Auto Receivables Trust 2024-A 8% 04/15/2032 | 0.21 | 200,000 |
| Prosper Marketplace Issuance Trust Series 2023-1 11.24% 07/16/2029 | 0.21 | 200,000 |
| Purchasing Power Funding 2024-A LLC 10.18% 08/15/2028 | 0.21 | 200,000 |
| Pagaya AI Debt Grantor Trust 2024-5 12.967% 10/15/2031 | 0.21 | 199,964 |
| Pagaya AI Debt Trust 2024-3 9% 10/15/2031 | 0.21 | 200,000 |
| Pagaya AI Debt Selection Trust 10.895% 12/15/2031 | 0.21 | 200,000 |
| Octane Receivables Trust 2024-2 9.04% 07/20/2032 | 0.21 | 200,000 |
| Cumulus Media New Holdings Inc 8% 07/01/2029 | 0.21 | 509,000 |
| CPS Auto Receivables Trust 2024-B 8.36% 11/17/2031 | 0.21 | 200,000 |
| Borr IHC Ltd / Borr Finance LLC 10.375% 11/15/2030 | 0.21 | 195,146 |
| Affirm Asset Securitization Trust 2023-B 11.32% 09/15/2028 | 0.21 | 200,000 |
| Calumet Specialty Products Partners LP / Calumet Finance Corp 9.75% 07/15/2028 | 0.20 | 200,000 |
| Octane Receivables Trust 2024-1 7.82% 08/20/2031 | 0.20 | 200,000 |
| Pagaya AI Debt Trust 2024-1 9% 07/15/2031 | 0.20 | 199,950 |
| Foundation Finance Trust 2023-1 9.18% 12/15/2043 | 0.19 | 185,099 |
| Roller Bearing Co of America Inc 4.375% 10/15/2029 | 0.19 | 200,000 |
| Strike Acceptance Auto Funding Trust 2023-1 8% 05/15/2026 | 0.17 | 167,871 |
| Bayview Opportunity Master Fund VII 2024-CAR1 LLC 8.9488% 12/26/2031 | 0.17 | 166,816 |
| Upstart Securitization Trust 2021-3 3.28% 07/20/2031 | 0.16 | 161,571 |
| Urban One Inc 7.375% 02/01/2028 | 0.15 | 200,000 |
| Pagaya AI Debt Trust 2024-2 9% 08/15/2031 | 0.15 | 149,933 |
| CMG Media Corp 8.875% 12/15/2027 | 0.14 | 250,000 |
| Tricolor Auto Securitization Trust 2023-1 13.45% 06/15/2028 | 0.11 | 100,000 |
| Trinity Industries Inc 7.75% 07/15/2028 | 0.11 | 100,000 |
| Summit Materials LLC / Summit Materials Finance Corp 7.25% 01/15/2031 | 0.11 | 100,000 |
| Sealed Air Corp/Sealed Air Corp US 7.25% 02/15/2031 | 0.11 | 100,000 |
| Vistra Operations Co LLC 7.75% 10/15/2031 | 0.11 | 100,000 |
| Upstart Securitization Trust 2023-1 11.1% 02/20/2033 | 0.11 | 100,000 |
| PRA Group Inc 8.875% 01/31/2030 | 0.11 | 100,000 |
| Panther Escrow Issuer LLC 7.125% 06/01/2031 | 0.11 | 100,000 |
| LCM Investments Holdings II LLC 8.25% 08/01/2031 | 0.11 | 100,000 |
| Alliance Resource Operating Partners LP / Alliance Resource Finance Corp 8.625% 06/15/2029 | 0.11 | 100,000 |
| Antero Midstream Partners LP / Antero Midstream Finance Corp 6.625% 02/01/2032 | 0.11 | 100,000 |
| Enviva Partners LP / Enviva Partners Finance Corp 6.5% 01/15/2026 | 0.11 | 400,000 |
| Comstock Resources Inc 6.75% 03/01/2029 | 0.10 | 100,000 |
| Comstock Resources Inc 5.875% 01/15/2030 | 0.10 | 100,000 |
| GLS Auto Receivables Issuer Trust 2024-1 7.94% 10/15/2030 | 0.10 | 100,000 |
| Affirm Asset Securitization Trust 2024-A 9.17% 02/15/2029 | 0.10 | 100,000 |
| Caesars Entertainment Inc 6.5% 02/15/2032 | 0.10 | 100,000 |
| MIWD Holdco II LLC / MIWD Finance Corp 5.5% 02/01/2030 | 0.10 | 100,000 |
| Installed Building Products Inc 5.75% 02/01/2028 | 0.10 | 100,000 |
| NESCO Holdings II Inc 5.5% 04/15/2029 | 0.09 | 100,000 |
| VistaJet Malta Finance PLC / Vista Management Holding Inc 9.5% 06/01/2028 | 0.09 | 100,000 |
| Suburban Propane Partners LP/Suburban Energy Finance Corp 5% 06/01/2031 | 0.09 | 100,000 |
