| Bio-Rad Laboratories, 3.3% 15mar2027, USD (US090572AR99) |
| John Deere Capital, FRN 7mar2025, USD (H) (US24422EWC91) |
| Kemper Corporation, 5.875% 15mar2062, USD (US4884013081) |
| Sachem Capital, 6% 30mar2027, USD (US78590A7037) |
| Berkshire Hathaway, 1.5% 18mar2030, EUR (XS2456839013) |
| Braemar Hotels & Resorts, 4.5% 1jun2026, USD (Conv.) (US10482BAB71) |
| Warnermedia Holdings, 5.05% 15mar2042, USD (USU55632AG54) |
| NextEra Energy Capital Holdings, 2.94% 21mar2024, USD (US65339KCD00) |
| Southwest Gas, 4.05% 15mar2032, USD (US845011AE58) |
| Bank of America Corporation, 3.384% 2apr2026, USD (N) (US06051GKM05) |
| Blackstone Mortgage Trust, 5.5% 15mar2027, USD (Conv.) (US09257WAE03) |
| Cantor Fitzgerald, 4.5% 14apr2027, USD (USU13809AK13) |
| TSMC Arizona, 4.25% 22apr2032, USD (US872898AH40) |
| Wells Fargo, 4.168% 28apr2026, CAD (CA949746TH41) |
| PNC Financial Services Group, 6% perp., USD (U) (US693475BD69) |
| American Express Co, 3.375% 3may2024, USD (US025816CV93) |
| MetLife Global Funding I, 3.257% 1apr2025, CAD (2022-10) (CA592179KC80) |
| HCI Group, 4.75% 1jun2042, USD (Conv.) (US40416EAF07) |
| McDonalds, 3% 31may2034, EUR (16) (XS2486285377) |
| John Deere Capital, 3.4% 6jun2025, USD (H) (US24422EWF23) |
| JBS USA Finance, 5.125% 1feb2028, USD (USL56608AK55) |
| Cogent Communications Group, 7% 15jun2027, USD (USU19283AH02) |
| Univision Communications, 7.375% 30jun2030, USD (USU91505AR50) |
| NextEra Energy Capital Holdings, 5% 15jul2032, USD (US65339KCJ79) |
| Citigroup, 5% 18may2032, USD (G) (US17290A4A52) |
| Elevance Health, 5.85% 1nov2064, USD (US036752BF97) |
| Bain Capital Credit CLO 2021-4A, FRN 20oct2034, USD (ABS, A1R) (US05685AAQ13) |
| Guidewire Software, 1.25% 1nov2029, USD (Conv.) |
| Beacon Funding Trust, 6.266% 15aug2054, USD (US073952AB93) |
| FHLB, 0% 28feb2025, USD (366D) (US313385CL88) |
| Ellucian Holdings, 6.5% 1dec2029, USD (USU5324NAA29) |
| American Tower, 5% 31jan2030, USD (US03027XCL29) |
| Boeing, 6.298% 1may2029, USD (US097023DQ55) |
| Boeing, 6.388% 1may2031, USD (US097023DR39) |
| Bank of America Corporation, 4.6% 1dec2025, USD (P) (US06055JGU79) |
| BigBear.ai Holdings, 6% 15dec2029, USD (Conv.) |
| IBRD, 4.625% 15jan2032, USD (102243) (US459058LQ48) |
| Bank of America Corporation, 5% 5nov2029, USD (P) (US06055JGX19) |
| Nuveen Churchill Direct Lending, 6.65% 15mar2030, USD (US67090SAA69) |
| APA Corp, 4.375% 15oct2028, USD (USU0379QAD44) |
| Bank of America Corporation, 4.979% 24jan2029, USD (N) (US06051GMK21) |
| Rivers Enterprise Borrower, 6.625% 1feb2033, USD (USU7667NAA38) |
| IBM, 3.15% 10feb2033, EUR (XS2999658565) |
| TransMontaigne Partners, 8.5% 15jun2030, USD (USU8729AAA52) |
| Johnson&Johnson, 2.7% 26feb2029, EUR (XS3005214104) |
| EQT, 7.5% 1jun2030, USD (USU2689EAG53) |
| Synopsys, 4.85% 1apr2030, USD (US871607AC15) |
| American Honda Finance, 4.55% 3mar2028, USD (A) (US02665WFX48) |
| FedEx, 1.3% 5aug2031, EUR (XS2992395785) |
| Celanese US Holdings, 6.5% 15apr2030, USD (US15089QAZ72) |
| John Deere Owner Trust 2025-A, 4.23% 17sep2029, USD (ABS, A3) (US47800DAD66) |
| Republic Services, 5.15% 15mar2035, USD (US760759BM13) |
| Target, 5% 15apr2035, USD (US87612EBT29) |
| Greengrove Re, FRN 8apr2032, USD (2025, A) (US39526JAA97) |
| Equitable Financial Life Global Funding, 5% 27mar2030, USD (2025-2) (US29450LAW72) |
| Dell International LLC, 4.75% 1apr2028, USD (US24703TAL08) |
| Dell International LLC, 5% 1apr2030, USD (US24703TAM80) |
| MSD Investment, 6.25% 31may2030, USD (USU6076BAA62) |
| AT&T Inc, 4.25% 1jun2043, GBP (XS0932036154) |
| AT&T Inc, 6.3% 15jan2038, USD (US00206RAG74) |
| Coca-Cola Refreshments USA, 8.5% 1feb2022, USD (US191219AP96) |
| Eastman Kodak Company, 7.25% 15nov2013, USD (US277461BD00) |
| Freddie Mac, 6.25% 15jul2032, USD (US3134A4KX12) |
| GE Aerospace, 4.125% 9oct2042, USD (US369604BF92) |
| Intel, 4.25% 15dec2042, USD (US458140AP51) |
| IBM, 5.6% 30nov2039, USD (US459200GS40) |
| J.C. Penney Corporation, 7.125% 15nov2023, USD (US708160BE56) |
| Eli Lilly, 7.125% 1jun2025, USD (US532457AM04) |
| Microsoft, 2.375% 1may2023, USD (US594918AT18) |
| Owens Corning, 7% 1dec2036, USD (US690742AB73) |
| PepsiCo, 5.5% 15jan2040, USD (US713448BP24) |
| PPL Capital Funding, 6.7% 30mar2067, USD (2007A) (US69352PAC77) |
| Reynolds American Inc, 7.25% 15jun2037, USD (US761713AT36) |
| GTE, 6.94% 15apr2028, USD (US362320BA04) |
| Verizon Communications, 7.75% 1dec2030, USD (US92344GAM87) |
| Walgreen, 4.4% 15sep2042, USD (US931422AK51) |
| Bank of America Corporation, 6.05% 15feb2038, USD (US06050XA944) |
| ConocoPhillips, 6.5% 1feb2039, USD (US20825CAQ78) |
| Intel, 4.8% 1oct2041, USD (US458140AK64) |
| IBM, 4% 20jun2042, USD (US459200HF10) |
| Marathon Oil, 6.6% 1oct2037, USD (US565849AE68) |
| Apache, 5.1% 1sep2040, USD (US037411AW56) |
| Devon Energy, 5.6% 15jul2041, USD (US25179MAL72) |
| Metlife, 4.368% 15sep2023, USD (D) (US59156RBB33) |
| Allstate Corp, 6.5% 15may2067, USD (US020002AU59) |
| Noble Corp, 5.25% 15mar2042, USD (US65504LAK35) |
| Prudential Financial, 6.2% 15nov2040, USD (D) (US74432QBQ73) |
| CSX Corporation, 7.45% 1apr2038, USD (US126408GP22) |
| Denbury, 6.375% 15aug2021, USD (US247916AC30) |
| TWDC Enterprises 18, 7.55% 15jul2093, USD (US254687AH95) |
| Alpha Natural Resources, 6% 1jun2019, USD (US02076XAB82) |
| Pfizer, 3.4% 15may2024, USD (US717081DM28) |
| AT&T Inc, 2.4% 15mar2024, EUR (XS1076018131) |
| Burlington Resources, 7.375% 1mar2029, USD (US122014AL76) |
| BBVA USA, 5.9% 1apr2026, USD (US20449EEE23) |
| HCA, 7.5% 6nov2033, USD (US404119AJ84) |
| Pacificorp, 6.35% 15jul2038, USD (US695114CJ56) |
| Arizona Public Service, 4.5% 1apr2042, USD (US040555CN22) |
| Historic TW, 8.3% 15jan2036, USD (US887315AZ25) |
| Philip Morris International, 4.875% 15nov2043, USD (US718172BD03) |