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Share Name | Share Symbol | Market | Type |
---|---|---|---|
PGIM Global High Yield Fund Inc | NYSE:GHY | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.11 | -0.87% | 12.60 | 12.71 | 12.55 | 12.71 | 332,845 | 01:00:00 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Long-Term Investments 125.0% | |||||
Asset-Backed Securities 4.4% | |||||
Cayman Islands | |||||
Atlas Static Senior Loan Fund Ltd., Series 2022-01A, Class A, 144A, 3 Month SOFR + 2.600% (Cap N/A, Floor 2.600%) | 7.994 %(c) | 07/15/30 | 4,307 | $4,329,971 | |
Carlyle Global Market Strategies CLO Ltd., Series 2014-01A, Class A1R2, 144A, 3 Month SOFR + 1.232% (Cap N/A, Floor 0.970%) | 6.634(c) | 04/17/31 | 1,903 | 1,896,058 | |
Madison Park Funding Ltd., Series 2015-18A, Class ARR, 144A, 3 Month SOFR + 1.202% (Cap N/A, Floor 0.940%) | 6.614(c) | 10/21/30 | 4,399 | 4,375,410 | |
Neuberger Berman CLO Ltd., Series 2014-17A, Class AR2, 144A, 3 Month SOFR + 1.292% (Cap N/A, Floor 1.030%) | 6.704(c) | 04/22/29 | 2,170 | 2,163,188 | |
OFSI BSL Ltd., Series 2023-12A, Class A1, 144A, 3 Month SOFR + 2.400% (Cap N/A, Floor 2.400%) | 7.816(c) | 01/20/35 | 2,500 | 2,517,515 | |
Voya CLO Ltd., | |||||
Series 2013-02A, Class A1R, 144A, 3 Month SOFR + 1.232% (Cap N/A, Floor 0.970%) | 6.610(c) | 04/25/31 | 1,320 | 1,315,033 | |
Series 2015-03A, Class A1R, 144A, 3 Month SOFR + 1.452% (Cap N/A, Floor 1.452%) | 6.867(c) | 10/20/31 | 4,900 | 4,881,756 | |
Total Asset-Backed Securities (cost $21,317,852) | 21,478,931 | ||||
Convertible Bond 0.0% | |||||
Jamaica | |||||
Digicel Group Holdings Ltd., Sub. Notes, 144A, Cash coupon 7.000% (original cost $8,603; purchased 06/23/20 - 04/03/23)(f) (cost $8,603) | 7.000 | 11/16/23(d)(oo) | 45 | 2,261 | |
Corporate Bonds 95.1% | |||||
Argentina 0.0% | |||||
YPF SA, Sr. Unsec’d. Notes, 144A | 8.500 | 03/23/25 | 173 | 159,040 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Australia 0.1% | |||||
Mineral Resources Ltd., Sr. Unsec’d. Notes, 144A | 9.250 % | 10/01/28 | 650 | $650,000 | |
Brazil 3.7% | |||||
Banco do Brasil SA, Sr. Unsec’d. Notes, 144A(aa) | 4.875 | 01/11/29 | 1,250 | 1,153,125 | |
Banco Votorantim SA, Sr. Unsec’d. Notes, 144A, MTN(aa) | 4.500 | 09/24/24 | 1,120 | 1,094,374 | |
Braskem Netherlands Finance BV, | |||||
Gtd. Notes(aa) | 4.500 | 01/31/30 | 2,000 | 1,532,400 | |
Gtd. Notes, 144A(aa) | 8.500 | 01/12/31 | 815 | 763,003 | |
CSN Inova Ventures, Gtd. Notes | 6.750 | 01/28/28 | 750 | 686,025 | |
Embraer Netherlands Finance BV, | |||||
Gtd. Notes, 144A(aa) | 6.950 | 01/17/28 | 2,055 | 2,034,409 | |
Sr. Unsec’d. Notes, 144A(aa) | 7.000 | 07/28/30 | 1,180 | 1,147,845 | |
Globo Comunicacao e Participacoes SA, Sr. Unsec’d. Notes | 4.875 | 01/22/30 | 1,000 | 795,000 | |
JSM Global Sarl, Gtd. Notes | 4.750 | 10/20/30(d) | 1,600 | 240,000 | |
Light Servicos de Eletricidade SA/Light Energia SA, Gtd. Notes, 144A(aa) | 4.375 | 06/18/26(d) | 1,500 | 675,000 | |
MARB BondCo PLC, Gtd. Notes, 144A(aa) | 3.950 | 01/29/31 | 1,330 | 967,575 | |
MercadoLibre, Inc., Gtd. Notes(aa) | 3.125 | 01/14/31 | 1,326 | 1,002,864 | |
Minerva Luxembourg SA, Gtd. Notes, 144A | 8.875 | 09/13/33 | 1,000 | 979,450 | |
NBM US Holdings, Inc., Gtd. Notes, 144A(aa) | 7.000 | 05/14/26 | 1,000 | 992,470 | |
Nexa Resources SA, Gtd. Notes | 6.500 | 01/18/28 | 1,000 | 933,750 | |
Petrobras Global Finance BV, Gtd. Notes(aa) | 6.500 | 07/03/33 | 1,165 | 1,081,237 | |
Rumo Luxembourg Sarl, Gtd. Notes | 5.250 | 01/10/28 | 800 | 730,400 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Brazil (cont’d.) | |||||
Sitios Latinoamerica SAB de CV, Gtd. Notes | 5.375 % | 04/04/32 | 500 | $416,250 | |
Tupy Overseas SA, Gtd. Notes | 4.500 | 02/16/31 | 1,000 | 780,000 | |
18,005,177 | |||||
Canada 4.5% | |||||
1011778 BC ULC/New Red Finance, Inc., | |||||
Sec’d. Notes, 144A(aa) | 4.000 | 10/15/30 | 575 | 468,987 | |
Sr. Sec’d. Notes, 144A(aa) | 3.500 | 02/15/29 | 1,965 | 1,675,162 | |
Athabasca Oil Corp., Sec’d. Notes, 144A(aa) | 9.750 | 11/01/26 | 1,765 | 1,822,362 | |
Bombardier, Inc., | |||||
Sr. Unsec’d. Notes, 144A(aa) | 6.000 | 02/15/28 | 1,950 | 1,720,875 | |
Sr. Unsec’d. Notes, 144A(aa) | 7.125 | 06/15/26 | 1,075 | 1,031,224 | |
Sr. Unsec’d. Notes, 144A | 7.500 | 03/15/25 | 103 | 102,614 | |
Sr. Unsec’d. Notes, 144A(aa) | 7.500 | 02/01/29 | 1,025 | 949,406 | |
Sr. Unsec’d. Notes, 144A(aa) | 7.875 | 04/15/27 | 2,300 | 2,213,750 | |
Brookfield Residential Properties, Inc./Brookfield Residential US LLC, | |||||
Gtd. Notes, 144A(aa) | 4.875 | 02/15/30 | 1,275 | 969,000 | |
Sr. Unsec’d. Notes, 144A | 5.000 | 06/15/29 | 475 | 370,500 | |
GFL Environmental, Inc., | |||||
Gtd. Notes, 144A | 4.000 | 08/01/28 | 100 | 85,750 | |
Gtd. Notes, 144A(aa) | 4.375 | 08/15/29 | 900 | 767,250 | |
Hudbay Minerals, Inc., | |||||
Gtd. Notes, 144A | 4.500 | 04/01/26 | 575 | 532,393 | |
Gtd. Notes, 144A(aa) | 6.125 | 04/01/29 | 1,210 | 1,079,925 | |
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc., Sr. Sec’d. Notes, 144A | 5.000 | 12/31/26 | 200 | 181,000 | |
Mattamy Group Corp., | |||||
Sr. Unsec’d. Notes, 144A(aa) | 4.625 | 03/01/30 | 825 | 671,344 | |
Sr. Unsec’d. Notes, 144A(aa) | 5.250 | 12/15/27 | 1,650 | 1,480,875 | |
New Gold, Inc., Gtd. Notes, 144A(aa) | 7.500 | 07/15/27 | 1,035 | 971,296 | |
Parkland Corp., Gtd. Notes, 144A(aa) | 4.500 | 10/01/29 | 1,625 | 1,397,662 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Canada (cont’d.) | |||||
Precision Drilling Corp., | |||||
Gtd. Notes, 144A | 6.875 % | 01/15/29 | 250 | $231,250 | |
Gtd. Notes, 144A(aa) | 7.125 | 01/15/26 | 650 | 636,188 | |
Ritchie Bros Holdings, Inc., | |||||
Gtd. Notes, 144A | 7.750 | 03/15/31 | 525 | 525,000 | |
Sr. Sec’d. Notes, 144A | 6.750 | 03/15/28 | 150 | 147,000 | |
Superior Plus LP/Superior General Partner, Inc., Gtd. Notes, 144A(aa) | 4.500 | 03/15/29 | 2,000 | 1,700,000 | |
21,730,813 | |||||
Chile 0.5% | |||||
Falabella SA, Sr. Unsec’d. Notes | 3.375 | 01/15/32 | 1,000 | 695,940 | |
Mercury Chile Holdco LLC, Sr. Sec’d. Notes, 144A(aa) | 6.500 | 01/24/27 | 1,000 | 895,377 | |
VTR Comunicaciones SpA, Sr. Sec’d. Notes | 4.375 | 04/15/29 | 1,000 | 433,110 | |
VTR Finance NV, Sr. Unsec’d. Notes, 144A | 6.375 | 07/15/28 | 705 | 121,154 | |
2,145,581 | |||||
China 0.5% | |||||
Agile Group Holdings Ltd., Sr. Sec’d. Notes | 6.050 | 10/13/25 | 1,120 | 79,800 | |
China Hongqiao Group Ltd., Gtd. Notes | 6.250 | 06/08/24 | 1,100 | 1,071,708 | |
Country Garden Holdings Co. Ltd., Sr. Sec’d. Notes | 6.150 | 09/17/25(d) | 1,620 | 62,208 | |
Sunac China Holdings Ltd., | |||||
Sr. Sec’d. Notes | 6.500 | 01/10/25(d) | 650 | 87,750 | |
Sr. Sec’d. Notes | 6.500 | 01/26/26(d) | 770 | 105,875 | |
Sr. Sec’d. Notes | 7.250 | 06/14/22(d) | 365 | 50,187 | |
West China Cement Ltd., Gtd. Notes | 4.950 | 07/08/26 | 1,143 | 779,526 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
China (cont’d.) | |||||
Yuzhou Group Holdings Co. Ltd., | |||||
Sr. Sec’d. Notes | 7.700 % | 02/20/25(d) | 900 | $54,000 | |
Sr. Sec’d. Notes | 8.500 | 02/26/24(d) | 400 | 24,000 | |
2,315,054 | |||||
Colombia 1.1% | |||||
AI Candelaria Spain SA, Sr. Sec’d. Notes, 144A(aa) | 5.750 | 06/15/33 | 1,440 | 976,680 | |
Ecopetrol SA, | |||||
Sr. Unsec’d. Notes | 4.625 | 11/02/31 | 500 | 373,250 | |
Sr. Unsec’d. Notes(aa) | 5.375 | 06/26/26 | 975 | 930,857 | |
Sr. Unsec’d. Notes(aa) | 6.875 | 04/29/30 | 1,400 | 1,255,030 | |
Sr. Unsec’d. Notes | 8.875 | 01/13/33 | 690 | 659,640 | |
SierraCol Energy Andina LLC, Gtd. Notes, 144A(aa) | 6.000 | 06/15/28 | 1,700 | 1,307,062 | |
5,502,519 | |||||
Costa Rica 0.1% | |||||
Autopistas del Sol SA, Sr. Sec’d. Notes | 7.375 | 12/30/30 | 295 | 257,775 | |
Instituto Costarricense de Electricidad, Sr. Unsec’d. Notes, 144A | 6.750 | 10/07/31 | 270 | 249,750 | |
507,525 | |||||
Czech Republic 0.1% | |||||
Energo-Pro A/S, Sr. Unsec’d. Notes, 144A | 8.500 | 02/04/27 | 700 | 659,750 | |
France 1.1% | |||||
Altice France SA, Sr. Sec’d. Notes | 3.375 | 01/15/28 | EUR | 3,125 | 2,379,882 |
Emeria SASU, | |||||
Sr. Sec’d. Notes | 7.750 | 03/31/28 | EUR | 700 | 675,728 |
Sr. Sec’d. Notes, 144A(aa) | 7.750 | 03/31/28 | EUR | 1,500 | 1,447,989 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
France (cont’d.) | |||||
Midco GB SASU, Sr. Unsec’d. Notes, 144A, Cash coupon 7.750% or PIK 8.500% | 7.750 % | 11/01/27 | EUR | 1,050 | $1,033,312 |
5,536,911 | |||||
Germany 1.2% | |||||
Douglas GmbH, | |||||
Sr. Sec’d. Notes | 6.000 | 04/08/26 | EUR | 1,425 | 1,433,126 |
Sr. Sec’d. Notes, 144A | 6.000 | 04/08/26 | EUR | 540 | 543,011 |
Kirk Beauty SUN GmbH, Sr. Unsec’d. Notes, 144A, Cash coupon 8.250% or PIK 9.000% | 8.250 | 10/01/26 | EUR | 536 | 521,299 |
Techem Verwaltungsgesellschaft 675 mbH, Sr. Sec’d. Notes | 2.000 | 07/15/25 | EUR | 1,800 | 1,827,216 |
Wintershall Dea Finance 2 BV, Gtd. Notes, Series NC8 | 3.000(ff) | 07/20/28(oo) | EUR | 2,000 | 1,710,165 |
6,034,817 | |||||
Ghana 0.3% | |||||
Tullow Oil PLC, Sr. Sec’d. Notes, 144A (aa) | 10.250 | 05/15/26 | 1,716 | 1,470,398 | |
Guatemala 0.6% | |||||
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL, Gtd. Notes | 5.250 | 04/27/29 | 1,000 | 878,370 | |
CT Trust, Sr. Sec’d. Notes, 144A | 5.125 | 02/03/32 | 1,160 | 887,400 | |
Millicom International Cellular SA, Sr. Unsec’d. Notes, 144A | 4.500 | 04/27/31 | 1,200 | 894,360 | |
2,660,130 | |||||
India 2.1% | |||||
ABJA Investment Co. Pte Ltd., Gtd. Notes(aa) | 5.950 | 07/31/24 | 651 | 647,172 | |
Clean Renewable Power Mauritius Pte Ltd., Sr. Sec’d. Notes, 144A | 4.250 | 03/25/27 | 1,193 | 1,016,881 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
India (cont’d.) | |||||
Delhi International Airport Ltd., Sr. Sec’d. Notes, 144A(aa) | 6.450 % | 06/04/29 | 1,205 | $1,091,682 | |
GMR Hyderabad International Airport Ltd., Sr. Sec’d. Notes(aa) | 4.250 | 10/27/27 | 1,460 | 1,280,318 | |
Greenko Power II Ltd., Sr. Sec’d. Notes | 4.300 | 12/13/28 | 928 | 778,033 | |
HDFC Bank Ltd., Jr. Sub. Notes, 144A(aa) | 3.700(ff) | 08/25/26(oo) | 2,135 | 1,837,189 | |
HPCL-Mittal Energy Ltd., Sr. Unsec’d. Notes(aa) | 5.250 | 04/28/27 | 2,000 | 1,861,820 | |
India Cleantech Energy, Sec’d. Notes | 4.700 | 08/10/26 | 751 | 652,839 | |
Periama Holdings LLC, Gtd. Notes | 5.950 | 04/19/26 | 770 | 722,837 | |
Vedanta Resources Finance II PLC, Gtd. Notes | 13.875 | 01/21/24 | 310 | 276,008 | |
10,164,779 | |||||
Indonesia 0.1% | |||||
Pertamina Geothermal Energy PT, Sr. Unsec’d. Notes, 144A | 5.150 | 04/27/28 | 530 | 512,022 | |
Israel 0.7% | |||||
Energian Israel Finance Ltd., | |||||
Sr. Sec’d. Notes, 144A(aa) | 5.375 | 03/30/28 | 2,250 | 1,836,562 | |
Sr. Sec’d. Notes, 144A | 5.875 | 03/30/31 | 500 | 396,875 | |
Leviathan Bond Ltd., Sr. Sec’d. Notes, 144A(aa) | 6.750 | 06/30/30 | 1,110 | 911,468 | |
3,144,905 | |||||
Jamaica 0.5% | |||||
Digicel Group Holdings Ltd., Sr. Unsec’d. Notes, 144A, Cash coupon 5.000% and PIK 3.000% (original cost $40,062; purchased 06/23/20)(f) | 8.000 | 04/01/25(d) | 186 | 37,146 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Jamaica (cont’d.) | |||||
Digicel International Finance Ltd./Digicel International Holdings Ltd., | |||||
Gtd. Notes, 144A (original cost $121,133; purchased 05/22/20)(f) | 8.000 % | 12/31/26(d) | 174 | $3,480 | |
Gtd. Notes, 144A, Cash coupon 13.000% (original cost $606,423; purchased 10/19/23)(f) | 13.000 | 12/31/25(d) | 866 | 597,779 | |
Sr. Sec’d. Notes, 144A (original cost $1,283,723; purchased 10/19/23)(f) | 8.750 | 05/25/24 | 1,420 | 1,300,623 | |
Sr. Sec’d. Notes, 144A (original cost $412,003; purchased 10/19/23)(f) | 8.750 | 05/25/24 | 436 | 399,255 | |
Digicel Ltd., Gtd. Notes, 144A | 6.750 | 03/01/23(d) | 5,020 | 125,500 | |
2,463,783 | |||||
Japan 0.3% | |||||
Nissan Motor Co. Ltd., Sr. Unsec’d. Notes, 144A | 4.810 | 09/17/30 | 650 | 550,647 | |
SoftBank Group Corp., Sr. Unsec’d. Notes | 3.875 | 07/06/32 | EUR | 1,400 | 1,106,857 |
1,657,504 | |||||
Kuwait 0.2% | |||||
Kuwait Projects Co. SPC Ltd., | |||||
Gtd. Notes | 4.229 | 10/29/26 | 925 | 792,355 | |
Gtd. Notes, EMTN | 4.500 | 02/23/27 | 200 | 167,574 | |
959,929 | |||||
Luxembourg 1.5% | |||||
Altice Financing SA, | |||||
Sr. Sec’d. Notes | 2.250 | 01/15/25 | EUR | 700 | 712,158 |
Sr. Sec’d. Notes | 3.000 | 01/15/28 | EUR | 800 | 686,813 |
Altice Finco SA, Sec’d. Notes | 4.750 | 01/15/28 | EUR | 1,700 | 1,330,388 |
Altice France Holding SA, Sr. Sec’d. Notes | 8.000 | 05/15/27 | EUR | 1,575 | 908,247 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Luxembourg (cont’d.) | |||||
Galapagos SA, Sr. Sec’d. Notes | 0.000 %(cc) | 06/15/21(d) | EUR | 315 | $1,664 |
LHMC Finco 2 Sarl, Sr. Sec’d. Notes, Cash coupon 7.250% or PIK 8.000% | 7.250 | 10/02/25 | EUR | 1,023 | 1,040,605 |
Summer BC Holdco B Sarl, Sr. Sec’d. Notes | 5.750 | 10/31/26 | EUR | 2,925 | 2,792,954 |
7,472,829 | |||||
Macau 0.8% | |||||
MGM China Holdings Ltd., | |||||
Sr. Unsec’d. Notes, 144A | 4.750 | 02/01/27 | 525 | 459,336 | |
Sr. Unsec’d. Notes, 144A | 5.250 | 06/18/25 | 325 | 309,270 | |
Sands China Ltd., Sr. Unsec’d. Notes | 5.650 | 08/08/28 | 1,534 | 1,414,731 | |
Wynn Macau Ltd., | |||||
Sr. Unsec’d. Notes, 144A | 5.125 | 12/15/29 | 1,000 | 779,360 | |
Sr. Unsec’d. Notes, 144A | 5.500 | 01/15/26 | 1,000 | 921,520 | |
3,884,217 | |||||
Malaysia 0.4% | |||||
Gohl Capital Ltd., Gtd. Notes | 4.250 | 01/24/27 | 1,889 | 1,726,640 | |
Mexico 5.6% | |||||
Banco Mercantil del Norte SA, | |||||
Jr. Sub. Notes | 7.500(ff) | 06/27/29(oo) | 600 | 513,000 | |
Jr. Sub. Notes, 144A(aa) | 6.625(ff) | 01/24/32(oo) | 1,485 | 1,121,175 | |
Braskem Idesa SAPI, Sr. Sec’d. Notes, 144A(aa) | 7.450 | 11/15/29 | 1,750 | 1,108,100 | |
Cemex SAB de CV, | |||||
Gtd. Notes | 5.450 | 11/19/29 | 930 | 860,831 | |
Sub. Notes | 9.125(ff) | 03/14/28(oo) | 1,000 | 1,021,250 | |
Comision Federal de Electricidad, Gtd. Notes, 144A | 4.688 | 05/15/29 | 605 | 535,425 | |
Electricidad Firme de Mexico Holdings SA de CV, Sr. Sec’d. Notes, 144A(aa) | 4.900 | 11/20/26 | 1,000 | 864,340 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Mexico (cont’d.) | |||||
Mexico City Airport Trust, | |||||
Sr. Sec’d. Notes(aa) | 3.875 % | 04/30/28 | 2,230 | $1,968,376 | |
Sr. Sec’d. Notes | 5.500 | 07/31/47 | 670 | 476,712 | |
Nemak SAB de CV, Sr. Unsec’d. Notes, 144A(aa) | 3.625 | 06/28/31 | 1,230 | 902,512 | |
Petroleos Mexicanos, | |||||
Gtd. Notes(aa) | 5.350 | 02/12/28 | 2,500 | 2,008,375 | |
Gtd. Notes(aa) | 6.490 | 01/23/27 | 3,758 | 3,318,840 | |
Gtd. Notes(aa) | 6.500 | 03/13/27 | 2,720 | 2,389,017 | |
Gtd. Notes(aa) | 6.500 | 06/02/41 | 2,100 | 1,229,235 | |
Gtd. Notes | 6.700 | 02/16/32 | 545 | 397,850 | |
Gtd. Notes | 10.000 | 02/07/33 | 145 | 129,268 | |
Gtd. Notes, EMTN(aa) | 2.750 | 04/21/27 | EUR | 1,915 | 1,568,266 |
Gtd. Notes, MTN(aa) | 6.750 | 09/21/47 | 1,825 | 1,032,950 | |
Gtd. Notes, MTN(aa) | 6.875 | 08/04/26 | 3,200 | 2,938,400 | |
Tierra Mojada Luxembourg II Sarl, Sr. Sec’d. Notes, 144A | 5.750 | 12/01/40 | 1,814 | 1,437,046 | |
Total Play Telecomunicaciones SA de CV, | |||||
Gtd. Notes, 144A(aa) | 6.375 | 09/20/28 | 910 | 430,685 | |
Sr. Unsec’d. Notes, 144A(aa) | 7.500 | 11/12/25 | 1,355 | 975,559 | |
27,227,212 | |||||
Morocco 0.1% | |||||
OCP SA, | |||||
Sr. Unsec’d. Notes | 6.875 | 04/25/44 | 280 | 228,900 | |
Sr. Unsec’d. Notes, 144A | 3.750 | 06/23/31 | 200 | 156,586 | |
385,486 | |||||
Netherlands 0.5% | |||||
VEON Holdings BV, Sr. Unsec’d. Notes, 144A(aa) | 3.375 | 11/25/27 | 920 | 654,092 | |
WP/AP Telecom Holdings III BV, Sr. Unsec’d. Notes, 144A | 5.500 | 01/15/30 | EUR | 1,917 | 1,689,071 |
2,343,163 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Nigeria 0.1% | |||||
IHS Holding Ltd., Gtd. Notes, 144A | 6.250 % | 11/29/28 | 645 | $472,430 | |
Panama 0.2% | |||||
AES Panama Generation Holdings SRL, Sr. Sec’d. Notes, 144A | 4.375 | 05/31/30 | 382 | 309,363 | |
C&W Senior Financing DAC, Sr. Unsec’d. Notes | 6.875 | 09/15/27 | 750 | 641,100 | |
950,463 | |||||
Peru 0.5% | |||||
InRetail Consumer, Sr. Sec’d. Notes | 3.250 | 03/22/28 | 800 | 667,856 | |
Kallpa Generacion SA, Gtd. Notes(aa) | 4.125 | 08/16/27 | 1,000 | 898,750 | |
Minsur SA, Sr. Unsec’d. Notes | 4.500 | 10/28/31 | 750 | 606,000 | |
2,172,606 | |||||
Russia 0.0% | |||||
Alfa Bank AO Via Alfa Bond Issuance PLC, | |||||
Sub. Notes | 5.950 | 04/15/30 | 1,500 | 75,000 | |
Sub. Notes, 144A | 5.950 | 04/15/30 | 985 | 49,250 | |
Sovcombank Via SovCom Capital DAC, Jr. Sub. Notes, 144A | 7.600 | 02/17/27(oo) | 1,500 | 54,188 | |
178,438 | |||||
Saudi Arabia 0.3% | |||||
Arabian Centres Sukuk Ltd., Gtd. Notes, 144A | 5.375 | 11/26/24 | 1,635 | 1,559,892 | |
Slovenia 0.7% | |||||
United Group BV, | |||||
Sr. Sec’d. Notes(aa) | 3.125 | 02/15/26 | EUR | 2,900 | 2,780,512 |
Sr. Sec’d. Notes, 144A(aa) | 3.125 | 02/15/26 | EUR | 850 | 814,978 |
3,595,490 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
South Africa 2.0% | |||||
Eskom Holdings SOC Ltd., | |||||
Gov’t. Gtd. Notes, MTN(aa) | 6.350 % | 08/10/28 | 2,080 | $1,882,400 | |
Sr. Unsec’d. Notes(aa) | 7.125 | 02/11/25 | 1,270 | 1,244,600 | |
Sr. Unsec’d. Notes, MTN(aa) | 8.450 | 08/10/28 | 1,240 | 1,171,490 | |
Sasol Financing USA LLC, | |||||
Gtd. Notes(aa) | 4.375 | 09/18/26 | 790 | 695,200 | |
Gtd. Notes(aa) | 6.500 | 09/27/28 | 1,930 | 1,695,505 | |
Gtd. Notes, 144A(aa) | 8.750 | 05/03/29 | 2,100 | 1,996,642 | |
Transnet SOC Ltd., Sr. Unsec’d. Notes, 144A(aa) | 8.250 | 02/06/28 | 1,235 | 1,167,075 | |
9,852,912 | |||||
Spain 0.0% | |||||
Codere Finance 2 Luxembourg SA, | |||||
Sr. Sec’d. Notes, Cash coupon 2.000% and PIK 10.750% | 12.750 | 11/30/27(d) | EUR | 673 | 54,942 |
Sr. Sec’d. Notes, 144A, Cash coupon 2.000% and PIK 11.625% | 13.625 | 11/30/27(d) | 224 | 18,786 | |
73,728 | |||||
Sweden 0.6% | |||||
Preem Holdings AB, Sr. Unsec’d. Notes, 144A (aa) | 12.000 | 06/30/27 | EUR | 2,520 | 2,854,261 |
Switzerland 0.3% | |||||
VistaJet Malta Finance PLC/Vista Management Holding, Inc., | |||||
Sr. Unsec’d. Notes, 144A(aa) | 7.875 | 05/01/27 | 1,450 | 1,111,063 | |
Sr. Unsec’d. Notes, 144A | 9.500 | 06/01/28 | 550 | 420,750 | |
1,531,813 | |||||
Thailand 0.6% | |||||
Bangkok Bank PCL, Jr. Sub. Notes, 144A, MTN (aa) | 5.000(ff) | 09/23/25(oo) | 3,016 | 2,812,330 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Turkey 0.9% | |||||
Aydem Yenilenebilir Enerji A/S, Sr. Sec’d. Notes, 144A(aa) | 7.750 % | 02/02/27 | 1,140 | $996,064 | |
Eldorado Gold Corp., Sr. Unsec’d. Notes, 144A(aa) | 6.250 | 09/01/29 | 1,250 | 1,067,187 | |
KOC Holding A/S, Sr. Unsec’d. Notes, 144A(aa) | 6.500 | 03/11/25 | 1,000 | 987,500 | |
Turkiye Sinai Kalkinma Bankasi A/S, Sr. Unsec’d. Notes, 144A, MTN(aa) | 9.375 | 10/19/28 | 1,000 | 1,015,000 | |
WE Soda Investments Holding PLC, Sr. Sec’d. Notes, 144A | 9.500 | 10/06/28 | 500 | 499,125 | |
4,564,876 | |||||
Ukraine 0.2% | |||||
NAK Naftogaz Ukraine via Kondor Finance PLC, | |||||
Sr. Unsec’d. Notes(aa) | 7.125 | 07/19/26(d) | EUR | 1,035 | 514,713 |
Sr. Unsec’d. Notes | 7.625 | 11/08/28(d) | 830 | 394,250 | |
908,963 | |||||
United Arab Emirates 0.3% | |||||
DP World Salaam, Jr. Sub. Notes | 6.000(ff) | 10/01/25(oo) | 1,620 | 1,581,541 | |
United Kingdom 6.5% | |||||
Bellis Finco PLC, | |||||
Gtd. Notes | 4.000 | 02/16/27 | GBP | 1,275 | 1,145,630 |
Sr. Unsec’d. Notes, 144A(aa) | 4.000 | 02/16/27 | GBP | 3,300 | 2,965,161 |
Connect Finco Sarl/Connect US Finco LLC, Sr. Sec’d. Notes, 144A | 6.750 | 10/01/26 | 800 | 744,816 | |
Constellation Automotive Financing PLC, Sr. Sec’d. Notes | 4.875 | 07/15/27 | GBP | 900 | 845,100 |
eG Global Finance PLC, | |||||
Sr. Sec’d. Notes, 144A(aa) | 4.375 | 02/07/25 | EUR | 971 | 1,001,314 |
Sr. Sec’d. Notes, 144A(aa) | 8.500 | 10/30/25 | 1,551 | 1,523,857 | |
Jerrold Finco PLC, | |||||
Sr. Sec’d. Notes | 5.250 | 01/15/27 | GBP | 2,275 | 2,396,278 |
Sr. Sec’d. Notes, 144A(aa) | 5.250 | 01/15/27 | GBP | 1,325 | 1,379,018 |
Macquarie Airfinance Holdings Ltd., | |||||
Sr. Unsec’d. Notes, 144A | 8.125 | 03/30/29 | 250 | 245,490 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United Kingdom (cont’d.) | |||||
Macquarie Airfinance Holdings Ltd., (cont’d.) | |||||
Sr. Unsec’d. Notes, 144A(aa) | 8.375 % | 05/01/28 | 975 | $969,111 | |
Motion Bondco DAC, Gtd. Notes, 144A | 6.625 | 11/15/27 | 250 | 223,750 | |
Sherwood Financing PLC, Sr. Sec’d. Notes, 144A(aa) | 6.000 | 11/15/26 | GBP | 1,350 | 1,360,796 |
TalkTalk Telecom Group Ltd., Gtd. Notes(aa) | 3.875 | 02/20/25 | GBP | 4,000 | 3,673,698 |
Very Group Funding PLC (The), Sr. Sec’d. Notes, 144A(aa) | 6.500 | 08/01/26 | GBP | 3,275 | 3,224,285 |
Virgin Media Secured Finance PLC, | |||||
Sr. Sec’d. Notes | 4.125 | 08/15/30 | GBP | 1,925 | 1,856,354 |
Sr. Sec’d. Notes | 4.250 | 01/15/30 | GBP | 2,170 | 2,123,499 |
Virgin Media Vendor Financing Notes III DAC, Sr. Sec’d. Notes | 4.875 | 07/15/28 | GBP | 3,725 | 3,782,809 |
Zenith Finco PLC, Sr. Sec’d. Notes, 144A(aa) | 6.500 | 06/30/27 | GBP | 2,250 | 2,114,163 |
31,575,129 | |||||
United States 54.5% | |||||
ACCO Brands Corp., Gtd. Notes, 144A(aa) | 4.250 | 03/15/29 | 1,225 | 1,015,924 | |
Adams Homes, Inc., Sr. Unsec’d. Notes, 144A | 9.250 | 10/15/28 | 625 | 610,452 | |
AdaptHealth LLC, | |||||
Gtd. Notes, 144A | 4.625 | 08/01/29 | 625 | 467,301 | |
Gtd. Notes, 144A(aa) | 5.125 | 03/01/30 | 925 | 703,684 | |
Gtd. Notes, 144A(aa) | 6.125 | 08/01/28 | 655 | 541,408 | |
Adient Global Holdings Ltd., Sr. Sec’d. Notes, 144A | 7.000 | 04/15/28 | 450 | 441,792 | |
Adtalem Global Education, Inc., Sr. Sec’d. Notes, 144A | 5.500 | 03/01/28 | 725 | 664,266 | |
Aethon United BR LP/Aethon United Finance Corp., Sr. Unsec’d. Notes, 144A | 8.250 | 02/15/26 | 625 | 620,923 | |
Albertson’s Cos., Inc./Safeway, Inc./New Albertson’s LP/Albertson’s LLC, Gtd. Notes, 144A | 6.500 | 02/15/28 | 150 | 147,259 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Allied Universal Holdco LLC/Allied Universal Finance Corp., | |||||
Sr. Sec’d. Notes, 144A(aa) | 6.625 % | 07/15/26 | 1,790 | $1,675,754 | |
Sr. Unsec’d. Notes, 144A | 6.000 | 06/01/29 | 400 | 289,160 | |
Sr. Unsec’d. Notes, 144A(aa) | 9.750 | 07/15/27 | 2,575 | 2,242,563 | |
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl, Sr. Sec’d. Notes, 144A(aa) | 3.625 | 06/01/28 | EUR | 3,225 | 2,738,941 |
Alta Equipment Group, Inc., Sec’d. Notes, 144A | 5.625 | 04/15/26 | 600 | 537,969 | |
Alta Mesa Holdings LP/Alta Mesa Finance Services Corp., Gtd. Notes(aa) | 7.875 | 12/15/24(d) | 6,450 | 645 | |
AMC Networks, Inc., Gtd. Notes(aa) | 5.000 | 04/01/24 | 1,000 | 993,734 | |
American Airlines, Inc., Sr. Sec’d. Notes, 144A | 7.250 | 02/15/28 | 400 | 372,434 | |
American Airlines, Inc./AAdvantage Loyalty IP Ltd., Sr. Sec’d. Notes, 144A(aa) | 5.750 | 04/20/29 | 1,700 | 1,533,536 | |
American Axle & Manufacturing, Inc., Gtd. Notes | 6.250 | 03/15/26 | 593 | 573,003 | |
AmeriGas Partners LP/AmeriGas Finance Corp., | |||||
Sr. Unsec’d. Notes(aa) | 5.750 | 05/20/27 | 925 | 849,836 | |
Sr. Unsec’d. Notes(aa) | 5.875 | 08/20/26 | 1,125 | 1,054,737 | |
AMN Healthcare, Inc., Gtd. Notes, 144A | 4.000 | 04/15/29 | 800 | 666,366 | |
Amsted Industries, Inc., Sr. Unsec’d. Notes, 144A(aa) | 4.625 | 05/15/30 | 1,475 | 1,204,517 | |
Antero Midstream Partners LP/Antero Midstream Finance Corp., | |||||
Gtd. Notes, 144A | 5.375 | 06/15/29 | 225 | 205,071 | |
Gtd. Notes, 144A(aa) | 5.750 | 01/15/28 | 2,750 | 2,581,646 | |
Antero Resources Corp., | |||||
Gtd. Notes, 144A(aa) | 5.375 | 03/01/30 | 925 | 844,717 | |
Gtd. Notes, 144A(aa) | 7.625 | 02/01/29 | 1,164 | 1,179,901 | |
Arsenal AIC Parent LLC, Sr. Sec’d. Notes, 144A | 8.000 | 10/01/30 | 250 | 246,860 | |
Ascent Resources Utica Holdings LLC/ARU Finance Corp., | |||||
Gtd. Notes, 144A | 9.000 | 11/01/27 | 368 | 465,157 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Ascent Resources Utica Holdings LLC/ARU Finance Corp., (cont’d.) | |||||
Sr. Unsec’d. Notes, 144A(aa) | 8.250 % | 12/31/28 | 2,275 | $2,259,297 | |
Ashton Woods USA LLC/Ashton Woods Finance Co., | |||||
Sr. Unsec’d. Notes, 144A(aa) | 4.625 | 08/01/29 | 1,425 | 1,155,115 | |
Sr. Unsec’d. Notes, 144A | 4.625 | 04/01/30 | 150 | 117,088 | |
ASP Unifrax Holdings, Inc., | |||||
Sr. Sec’d. Notes, 144A | 5.250 | 09/30/28 | 425 | 288,905 | |
Sr. Unsec’d. Notes, 144A | 7.500 | 09/30/29 | 275 | 148,583 | |
At Home Group, Inc., | |||||
Gtd. Notes, 144A | 7.125 | 07/15/29 | 375 | 78,083 | |
Sr. Sec’d. Notes, 144A | 4.875 | 07/15/28 | 150 | 51,298 | |
ATI, Inc., Sr. Unsec’d. Notes | 7.250 | 08/15/30 | 250 | 240,790 | |
B&G Foods, Inc., | |||||
Gtd. Notes(aa) | 5.250 | 09/15/27 | 3,170 | 2,608,981 | |
Sr. Sec’d. Notes, 144A | 8.000 | 09/15/28 | 625 | 609,437 | |
Banff Merger Sub, Inc., Sr. Unsec’d. Notes(aa) | 8.375 | 09/01/26 | EUR | 2,550 | 2,571,645 |
Bausch Health Cos., Inc., | |||||
Gtd. Notes, 144A(aa) | 5.000 | 01/30/28 | 1,450 | 536,500 | |
Gtd. Notes, 144A | 5.000 | 02/15/29 | 125 | 43,438 | |
Gtd. Notes, 144A(aa) | 5.250 | 01/30/30 | 2,225 | 770,406 | |
Gtd. Notes, 144A(aa) | 5.250 | 02/15/31 | 1,600 | 560,000 | |
Gtd. Notes, 144A(aa) | 6.250 | 02/15/29 | 3,540 | 1,283,250 | |
Gtd. Notes, 144A | 7.000 | 01/15/28 | 250 | 102,500 | |
Beacon Roofing Supply, Inc., Sr. Sec’d. Notes, 144A | 6.500 | 08/01/30 | 225 | 214,944 | |
Beazer Homes USA, Inc., | |||||
Gtd. Notes | 5.875 | 10/15/27 | 75 | 66,981 | |
Gtd. Notes(aa) | 6.750 | 03/15/25 | 575 | 569,881 | |
Gtd. Notes(aa) | 7.250 | 10/15/29 | 1,650 | 1,505,733 | |
Boeing Co. (The), | |||||
Sr. Unsec’d. Notes(aa) | 5.805 | 05/01/50 | 880 | 758,313 | |
Sr. Unsec’d. Notes | 5.930 | 05/01/60 | 275 | 231,339 | |
Brand Industrial Services, Inc., Sr. Sec’d. Notes, 144A | 10.375 | 08/01/30 | 200 | 198,723 | |
Bread Financial Holdings, Inc., Gtd. Notes, 144A(aa) | 4.750 | 12/15/24 | 1,575 | 1,525,949 | |
Brinker International, Inc., Gtd. Notes, 144A(aa) | 8.250 | 07/15/30 | 1,050 | 1,013,852 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
C&S Group Enterprises LLC, Gtd. Notes, 144A(aa) | 5.000 % | 12/15/28 | 950 | $735,480 | |
Caesars Entertainment, Inc., | |||||
Sr. Sec’d. Notes, 144A | 6.250 | 07/01/25 | 125 | 123,019 | |
Sr. Sec’d. Notes, 144A(aa) | 7.000 | 02/15/30 | 1,925 | 1,852,848 | |
Sr. Unsec’d. Notes, 144A(aa) | 4.625 | 10/15/29 | 1,325 | 1,089,688 | |
Calpine Corp., | |||||
Sr. Unsec’d. Notes, 144A | 5.000 | 02/01/31 | 325 | 262,368 | |
Sr. Unsec’d. Notes, 144A(aa) | 5.125 | 03/15/28 | 6,425 | 5,750,144 | |
Camelot Return Merger Sub, Inc., Sr. Sec’d. Notes, 144A | 8.750 | 08/01/28 | 725 | 676,931 | |
Carnival Corp., | |||||
Gtd. Notes, 144A | 5.750 | 03/01/27 | 2,400 | 2,136,000 | |
Sr. Sec’d. Notes, 144A | 7.000 | 08/15/29 | 125 | 122,500 | |
CCM Merger, Inc., Sr. Unsec’d. Notes, 144A | 6.375 | 05/01/26 | 325 | 308,260 | |
CCO Holdings LLC/CCO Holdings Capital Corp., | |||||
Sr. Unsec’d. Notes(aa) | 4.500 | 05/01/32 | 1,300 | 994,844 | |
Sr. Unsec’d. Notes, 144A(aa) | 4.250 | 02/01/31 | 2,550 | 1,984,116 | |
Sr. Unsec’d. Notes, 144A | 4.250 | 01/15/34 | 609 | 439,687 | |
Sr. Unsec’d. Notes, 144A | 4.500 | 06/01/33 | 750 | 559,502 | |
Sr. Unsec’d. Notes, 144A(aa) | 4.750 | 03/01/30 | 3,050 | 2,516,619 | |
Sr. Unsec’d. Notes, 144A(aa) | 5.000 | 02/01/28 | 3,575 | 3,199,833 | |
Sr. Unsec’d. Notes, 144A(aa) | 5.125 | 05/01/27 | 1,000 | 919,952 | |
CDI Escrow Issuer, Inc., Sr. Unsec’d. Notes, 144A | 5.750 | 04/01/30 | 200 | 179,005 | |
Chart Industries, Inc., | |||||
Gtd. Notes, 144A | 9.500 | 01/01/31 | 375 | 386,350 | |
Sr. Sec’d. Notes, 144A(aa) | 7.500 | 01/01/30 | 1,045 | 1,026,735 | |
Cheniere Energy, Inc., Sr. Sec’d. Notes(aa) | 4.625 | 10/15/28 | 2,550 | 2,330,396 | |
Chesapeake Energy Corp., | |||||
Gtd. Notes, 144A | 5.875 | 02/01/29 | 475 | 447,335 | |
Gtd. Notes, 144A | 6.750 | 04/15/29 | 675 | 661,467 | |
Churchill Downs, Inc., Gtd. Notes, 144A | 6.750 | 05/01/31 | 400 | 373,535 | |
CITGO Petroleum Corp., Sr. Sec’d. Notes, 144A(aa) | 7.000 | 06/15/25 | 1,325 | 1,303,117 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Civitas Resources, Inc., | |||||
Gtd. Notes, 144A | 8.375 % | 07/01/28 | 800 | $805,742 | |
Gtd. Notes, 144A | 8.625 | 11/01/30 | 350 | 356,238 | |
Clarios Global LP/Clarios US Finance Co., Gtd. Notes, 144A | 8.500 | 05/15/27 | 425 | 418,795 | |
Clarivate Science Holdings Corp., Gtd. Notes, 144A | 4.875 | 07/01/29 | 725 | 611,276 | |
Cleveland-Cliffs, Inc., Gtd. Notes, 144A(aa) | 6.750 | 04/15/30 | 925 | 858,678 | |
CMG Media Corp., Gtd. Notes, 144A(aa) | 8.875 | 12/15/27 | 1,895 | 1,472,825 | |
CNX Midstream Partners LP, Gtd. Notes, 144A | 4.750 | 04/15/30 | 175 | 144,226 | |
CNX Resources Corp., Gtd. Notes, 144A(aa) | 7.250 | 03/14/27 | 1,325 | 1,304,818 | |
Comstock Resources, Inc., | |||||
Gtd. Notes, 144A | 5.875 | 01/15/30 | 700 | 598,490 | |
Gtd. Notes, 144A(aa) | 6.750 | 03/01/29 | 1,000 | 910,894 | |
Cornerstone Building Brands, Inc., Gtd. Notes, 144A(aa) | 6.125 | 01/15/29 | 550 | 403,330 | |
Cornerstone Chemical Co., Sr. Sec’d. Notes, 144A, Cash coupon 8.250% and PIK 2.000% (original cost $2,070,247; purchased 03/19/19)(aa)(f) | 10.250 | 09/01/27(d) | 2,103 | 1,791,588 | |
Crescent Energy Finance LLC, | |||||
Gtd. Notes, 144A | 7.250 | 05/01/26 | 125 | 120,919 | |
Gtd. Notes, 144A | 9.250 | 02/15/28 | 700 | 709,874 | |
CrownRock LP/CrownRock Finance, Inc., Sr. Unsec’d. Notes, 144A | 5.000 | 05/01/29 | 179 | 168,650 | |
CSC Holdings LLC, | |||||
Gtd. Notes, 144A(aa) | 4.125 | 12/01/30 | 900 | 603,015 | |
Gtd. Notes, 144A | 5.500 | 04/15/27 | 1,000 | 834,981 | |
Sr. Unsec’d. Notes, 144A(aa) | 4.625 | 12/01/30 | 4,050 | 2,047,689 | |
Dana, Inc., | |||||
Sr. Unsec’d. Notes | 4.250 | 09/01/30 | 450 | 356,851 | |
Sr. Unsec’d. Notes | 4.500 | 02/15/32 | 725 | 567,491 | |
DaVita, Inc., | |||||
Gtd. Notes, 144A(aa) | 3.750 | 02/15/31 | 1,225 | 881,048 | |
Gtd. Notes, 144A(aa) | 4.625 | 06/01/30 | 2,900 | 2,273,663 | |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Diamond Foreign Asset Co./Diamond Finance LLC, Sec’d. Notes, 144A | 8.500 % | 10/01/30 | 350 | $339,430 | |
Diamond Sports Group LLC/Diamond Sports Finance Co., | |||||
Gtd. Notes, 144A (original cost $3,927,328; purchased 07/18/19 - 02/27/20)(aa)(f) | 6.625 | 08/15/27(d) | 4,125 | 41,651 | |
Sec’d. Notes, 144A (original cost $2,387,283; purchased 07/18/19 - 07/05/22)(f) | 5.375 | 08/15/26(d) | 3,150 | 35,334 | |
DISH DBS Corp., | |||||
Gtd. Notes | 5.125 | 06/01/29 | 975 | 501,274 | |
Gtd. Notes(aa) | 7.375 | 07/01/28 | 515 | 289,384 | |
Gtd. Notes(aa) | 7.750 | 07/01/26 | 2,910 | 1,948,282 | |
DISH Network Corp., Sr. Sec’d. Notes, 144A(aa) | 11.750 | 11/15/27 | 1,100 | 1,089,488 | |
Diversified Healthcare Trust, | |||||
Gtd. Notes | 4.375 | 03/01/31 | 750 | 516,278 | |
Gtd. Notes(aa) | 9.750 | 06/15/25 | 1,375 | 1,334,356 | |
Sr. Unsec’d. Notes | 4.750 | 05/01/24 | 50 | 46,925 | |
Sr. Unsec’d. Notes | 4.750 | 02/15/28 | 575 | 418,858 | |
Eco Material Technologies, Inc., Sr. Sec’d. Notes, 144A | 7.875 | 01/31/27 | 725 | 688,141 | |
Embecta Corp., | |||||
Sr. Sec’d. Notes, 144A | 5.000 | 02/15/30 | 550 | 436,559 | |
Sr. Sec’d. Notes, 144A | 6.750 | 02/15/30 | 300 | 248,670 | |
Energizer Holdings, Inc., Gtd. Notes, 144A(aa) | 4.375 | 03/31/29 | 1,725 | 1,415,112 | |
Energy Transfer LP, Jr. Sub. Notes, Series G(aa) | 7.125(ff) | 05/15/30(oo) | 1,275 | 1,072,122 | |
EQM Midstream Partners LP, | |||||
Sr. Unsec’d. Notes, 144A(aa) | 6.500 | 07/01/27 | 1,480 | 1,445,508 | |
Sr. Unsec’d. Notes, 144A | 7.500 | 06/01/27 | 200 | 198,668 | |
Sr. Unsec’d. Notes, 144A | 7.500 | 06/01/30 | 200 | 196,857 | |
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc., | |||||
Gtd. Notes, 144A(aa) | 6.750 | 01/15/30 | 2,050 | 1,629,094 | |
Sr. Sec’d. Notes, 144A | 4.625 | 01/15/29 | 650 | 547,681 | |
Five Point Operating Co. LP/Five Point Capital Corp., Gtd. Notes, 144A(aa) | 7.875 | 11/15/25 | 1,350 | 1,274,210 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Ford Motor Co., | |||||
Sr. Unsec’d. Notes(aa) | 3.250 % | 02/12/32 | 3,000 | $2,261,189 | |
Sr. Unsec’d. Notes(aa) | 4.750 | 01/15/43 | 3,113 | 2,159,240 | |
Sr. Unsec’d. Notes(aa) | 5.291 | 12/08/46 | 3,825 | 2,778,074 | |
Sr. Unsec’d. Notes(aa) | 7.400 | 11/01/46 | 1,000 | 939,634 | |
Ford Motor Credit Co. LLC, | |||||
Sr. Unsec’d. Notes | 3.375 | 11/13/25 | 800 | 746,458 | |
Sr. Unsec’d. Notes(aa) | 4.950 | 05/28/27 | 1,000 | 937,267 | |
Sr. Unsec’d. Notes | 6.800 | 05/12/28 | 200 | 199,499 | |
Sr. Unsec’d. Notes | 6.950 | 03/06/26 | 425 | 426,244 | |
Forestar Group, Inc., | |||||
Gtd. Notes, 144A(aa) | 3.850 | 05/15/26 | 1,025 | 916,349 | |
Gtd. Notes, 144A(aa) | 5.000 | 03/01/28 | 800 | 704,383 | |
Forward Air Corp., Sr. Sec’d. Notes, 144A(aa) | 9.500 | 10/15/31 | 1,700 | 1,657,224 | |
Foundation Building Materials, Inc., Gtd. Notes, 144A | 6.000 | 03/01/29 | 500 | 412,425 | |
Freedom Mortgage Corp., | |||||
Sr. Unsec’d. Notes, 144A | 7.625 | 05/01/26 | 325 | 299,109 | |
Sr. Unsec’d. Notes, 144A | 12.000 | 10/01/28 | 300 | 301,036 | |
Gap, Inc. (The), | |||||
Gtd. Notes, 144A | 3.625 | 10/01/29 | 250 | 191,242 | |
Gtd. Notes, 144A(aa) | 3.875 | 10/01/31 | 1,850 | 1,332,930 | |
Global Partners LP/GLP Finance Corp., Gtd. Notes | 6.875 | 01/15/29 | 450 | 399,974 | |
Golden Entertainment, Inc., Sr. Unsec’d. Notes, 144A(aa) | 7.625 | 04/15/26 | 2,150 | 2,156,252 | |
Gray Television, Inc., Gtd. Notes, 144A(aa) | 5.875 | 07/15/26 | 1,315 | 1,171,471 | |
Greystar Real Estate Partners LLC, Sr. Sec’d. Notes, 144A | 7.750 | 09/01/30 | 300 | 294,717 | |
Griffon Corp., Gtd. Notes(aa) | 5.750 | 03/01/28 | 850 | 767,753 | |
GTCR W-2 Merger Sub LLC, Sr. Sec’d. Notes, 144A | 7.500 | 01/15/31 | 525 | 517,706 | |
H&E Equipment Services, Inc., Gtd. Notes, 144A(aa) | 3.875 | 12/15/28 | 2,400 | 2,033,454 | |
Hecla Mining Co., Gtd. Notes(aa) | 7.250 | 02/15/28 | 605 | 581,349 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Hertz Corp. (The), | |||||
Gtd. Notes, 144A | 4.625 % | 12/01/26 | 325 | $274,314 | |
Gtd. Notes, 144A | 5.000 | 12/01/29 | 650 | 467,274 | |
Hilcorp Energy I LP/Hilcorp Finance Co., | |||||
Sr. Unsec’d. Notes, 144A | 5.750 | 02/01/29 | 325 | 292,690 | |
Sr. Unsec’d. Notes, 144A | 6.000 | 04/15/30 | 700 | 621,759 | |
Sr. Unsec’d. Notes, 144A(aa) | 6.000 | 02/01/31 | 1,325 | 1,161,100 | |
Sr. Unsec’d. Notes, 144A(aa) | 6.250 | 11/01/28 | 900 | 841,498 | |
Sr. Unsec’d. Notes, 144A(aa) | 6.250 | 04/15/32 | 875 | 763,782 | |
Hilton Domestic Operating Co., Inc., Gtd. Notes, 144A | 4.000 | 05/01/31 | 700 | 578,376 | |
Howard Hughes Corp. (The), | |||||
Gtd. Notes, 144A(aa) | 4.125 | 02/01/29 | 1,150 | 932,742 | |
Gtd. Notes, 144A(aa) | 4.375 | 02/01/31 | 800 | 614,620 | |
Hunt Cos., Inc., Sr. Sec’d. Notes, 144A(aa) | 5.250 | 04/15/29 | 1,875 | 1,478,338 | |
iHeartCommunications, Inc., Sr. Sec’d. Notes(aa) | 6.375 | 05/01/26 | 1,500 | 1,222,405 | |
International Game Technology PLC, Sr. Sec’d. Notes, 144A(aa) | 6.250 | 01/15/27 | 750 | 728,503 | |
Jacobs Entertainment, Inc., | |||||
Sr. Unsec’d. Notes, 144A | 6.750 | 02/15/29 | 675 | 574,656 | |
Sr. Unsec’d. Notes, 144A | 6.750 | 02/15/29 | 375 | 313,807 | |
Jefferies Finance LLC/JFIN Co-Issuer Corp., Sr. Unsec’d. Notes, 144A(aa) | 5.000 | 08/15/28 | 1,500 | 1,201,013 | |
KB Home, | |||||
Gtd. Notes | 4.000 | 06/15/31 | 400 | 313,728 | |
Gtd. Notes(aa) | 4.800 | 11/15/29 | 2,500 | 2,166,204 | |
Knife River Corp., Sr. Unsec’d. Notes, 144A | 7.750 | 05/01/31 | 350 | 348,766 | |
Kontoor Brands, Inc., Gtd. Notes, 144A | 4.125 | 11/15/29 | 325 | 269,058 | |
LABL, Inc., | |||||
Sr. Sec’d. Notes, 144A | 5.875 | 11/01/28 | 500 | 427,186 | |
Sr. Sec’d. Notes, 144A | 9.500 | 11/01/28 | 225 | 218,892 | |
Sr. Unsec’d. Notes, 144A | 8.250 | 11/01/29 | 450 | 334,125 | |
Sr. Unsec’d. Notes, 144A | 10.500 | 07/15/27 | 575 | 499,940 | |
LBM Acquisition LLC, Gtd. Notes, 144A | 6.250 | 01/15/29 | 475 | 375,293 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
LCM Investments Holdings II LLC, | |||||
Sr. Unsec’d. Notes, 144A | 4.875 % | 05/01/29 | 750 | $629,885 | |
Sr. Unsec’d. Notes, 144A | 8.250 | 08/01/31 | 450 | 430,130 | |
LD Holdings Group LLC, Gtd. Notes, 144A | 6.125 | 04/01/28 | 775 | 429,900 | |
Level 3 Financing, Inc., | |||||
Gtd. Notes, 144A | 4.625 | 09/15/27 | 1,500 | 1,010,231 | |
Sr. Sec’d. Notes, 144A | 3.400 | 03/01/27 | 175 | 162,752 | |
LifePoint Health, Inc., Gtd. Notes, 144A | 5.375 | 01/15/29 | 1,000 | 604,462 | |
Light & Wonder International, Inc., Gtd. Notes, 144A | 7.500 | 09/01/31 | 350 | 341,868 | |
Likewize Corp., Sr. Sec’d. Notes, 144A(aa) | 9.750 | 10/15/25 | 790 | 785,310 | |
Lindblad Expeditions Holdings, Inc., Sr. Sec’d. Notes, 144A | 9.000 | 05/15/28 | 575 | 562,118 | |
LPL Holdings, Inc., Gtd. Notes, 144A(aa) | 4.625 | 11/15/27 | 1,040 | 951,684 | |
M/I Homes, Inc., Gtd. Notes(aa) | 4.950 | 02/01/28 | 1,025 | 919,429 | |
Masonite International Corp., | |||||
Gtd. Notes, 144A | 3.500 | 02/15/30 | 400 | 317,000 | |
Gtd. Notes, 144A | 5.375 | 02/01/28 | 230 | 211,186 | |
Mauser Packaging Solutions Holding Co., Sr. Sec’d. Notes, 144A | 7.875 | 08/15/26 | 750 | 702,680 | |
Maxim Crane Works Holdings Capital LLC, Sec’d. Notes, 144A(aa) | 11.500 | 09/01/28 | 1,100 | 1,073,695 | |
McAfee Corp., Sr. Unsec’d. Notes, 144A | 7.375 | 02/15/30 | 450 | 359,841 | |
Medline Borrower LP, | |||||
Sr. Sec’d. Notes, 144A(aa) | 3.875 | 04/01/29 | 1,200 | 1,012,713 | |
Sr. Unsec’d. Notes, 144A(aa) | 5.250 | 10/01/29 | 1,400 | 1,192,051 | |
Metis Merger Sub LLC, Sr. Unsec’d. Notes, 144A(aa) | 6.500 | 05/15/29 | 2,850 | 2,326,222 | |
MGM Resorts International, | |||||
Gtd. Notes(aa) | 4.750 | 10/15/28 | 2,238 | 1,953,687 | |
Gtd. Notes | 5.750 | 06/15/25 | 25 | 24,459 | |
Gtd. Notes | 6.750 | 05/01/25 | 125 | 124,295 | |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp., Sr. Sec’d. Notes, 144A(aa) | 4.875 % | 05/01/29 | 1,125 | $937,201 | |
MIWD Holdco II LLC/MIWD Finance Corp., Gtd. Notes, 144A | 5.500 | 02/01/30 | 400 | 317,438 | |
MPH Acquisition Holdings LLC, Sr. Sec’d. Notes, 144A(aa) | 5.500 | 09/01/28 | 1,025 | 856,182 | |
Nabors Industries Ltd., | |||||
Gtd. Notes, 144A | 7.250 | 01/15/26 | 575 | 537,625 | |
Gtd. Notes, 144A | 7.500 | 01/15/28 | 325 | 286,000 | |
Nabors Industries, Inc., | |||||
Gtd. Notes(aa) | 5.750 | 02/01/25 | 1,725 | 1,674,346 | |
Gtd. Notes, 144A(aa) | 7.375 | 05/15/27 | 925 | 865,114 | |
Nationstar Mortgage Holdings, Inc., | |||||
Gtd. Notes, 144A(aa) | 5.125 | 12/15/30 | 1,575 | 1,280,006 | |
Gtd. Notes, 144A | 5.500 | 08/15/28 | 390 | 344,436 | |
Navient Corp., | |||||
Sr. Unsec’d. Notes | 6.750 | 06/25/25 | 375 | 366,242 | |
Sr. Unsec’d. Notes | 9.375 | 07/25/30 | 350 | 329,938 | |
NCL Corp. Ltd., | |||||
Sr. Sec’d. Notes, 144A | 5.875 | 02/15/27 | 500 | 460,000 | |
Sr. Sec’d. Notes, 144A | 8.125 | 01/15/29 | 225 | 219,094 | |
Sr. Sec’d. Notes, 144A | 8.375 | 02/01/28 | 1,575 | 1,561,219 | |
NCR Voyix Corp., | |||||
Gtd. Notes, 144A(aa) | 5.000 | 10/01/28 | 650 | 561,514 | |
Gtd. Notes, 144A | 5.250 | 10/01/30 | 300 | 248,404 | |
NESCO Holdings II, Inc., Sec’d. Notes, 144A | 5.500 | 04/15/29 | 525 | 451,284 | |
Noble Finance II LLC, Gtd. Notes, 144A | 8.000 | 04/15/30 | 275 | 275,944 | |
NRG Energy, Inc., | |||||
Gtd. Notes(aa) | 5.750 | 01/15/28 | 590 | 554,059 | |
Gtd. Notes, 144A | 3.625 | 02/15/31 | 175 | 132,043 | |
Gtd. Notes, 144A | 3.875 | 02/15/32 | 700 | 522,842 | |
Jr. Sub. Notes, 144A(aa) | 10.250(ff) | 03/15/28(oo) | 900 | 868,500 | |
Olympus Water US Holding Corp., | |||||
Sr. Sec’d. Notes, 144A | 9.625 | 11/15/28 | EUR | 1,500 | 1,571,278 |
Sr. Sec’d. Notes, 144A(aa) | 9.750 | 11/15/28 | 1,050 | 1,026,162 | |
OneMain Finance Corp., | |||||
Gtd. Notes | 3.875 | 09/15/28 | 475 | 377,414 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
OneMain Finance Corp., (cont’d.) | |||||
Gtd. Notes | 6.875 % | 03/15/25 | 567 | $559,814 | |
Gtd. Notes(aa) | 7.125 | 03/15/26 | 1,375 | 1,336,243 | |
Organon & Co./Organon Foreign Debt Co-Issuer BV, Sr. Unsec’d. Notes, 144A(aa) | 5.125 | 04/30/31 | 1,300 | 1,015,813 | |
Owens-Brockway Glass Container, Inc., | |||||
Gtd. Notes, 144A | 6.625 | 05/13/27 | 267 | 254,001 | |
Gtd. Notes, 144A | 7.250 | 05/15/31 | 450 | 411,784 | |
P&L Development LLC/PLD Finance Corp., Sr. Sec’d. Notes, 144A(aa) | 7.750 | 11/15/25 | 775 | 520,423 | |
Park River Holdings, Inc., Gtd. Notes, 144A(aa) | 5.625 | 02/01/29 | 1,350 | 994,114 | |
Patrick Industries, Inc., Gtd. Notes, 144A | 4.750 | 05/01/29 | 150 | 122,648 | |
Penn Entertainment, Inc., | |||||
Sr. Unsec’d. Notes, 144A | 4.125 | 07/01/29 | 675 | 524,503 | |
Sr. Unsec’d. Notes, 144A | 5.625 | 01/15/27 | 300 | 274,441 | |
PennyMac Financial Services, Inc., Gtd. Notes, 144A(aa) | 5.375 | 10/15/25 | 1,150 | 1,094,723 | |
Permian Resources Operating LLC, Gtd. Notes, 144A | 7.000 | 01/15/32 | 475 | 462,564 | |
PM General Purchaser LLC, Sr. Sec’d. Notes, 144A(aa) | 9.500 | 10/01/28 | 1,000 | 940,080 | |
Post Holdings, Inc., Gtd. Notes, 144A(aa) | 5.500 | 12/15/29 | 904 | 801,846 | |
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp., Gtd. Notes, 144A(aa) | 5.875 | 09/01/31 | 1,125 | 763,736 | |
Prime Healthcare Services, Inc., Sr. Sec’d. Notes, 144A(aa) | 7.250 | 11/01/25 | 1,425 | 1,303,869 | |
Radiate Holdco LLC/Radiate Finance, Inc., | |||||
Sr. Sec’d. Notes, 144A(aa) | 4.500 | 09/15/26 | 1,000 | 766,681 | |
Sr. Unsec’d. Notes, 144A(aa) | 6.500 | 09/15/28 | 1,525 | 754,829 | |
Rain Carbon, Inc., Sr. Sec’d. Notes, 144A | 12.250 | 09/01/29 | 600 | 610,516 | |
Rain CII Carbon LLC/CII Carbon Corp., Sec’d. Notes, 144A | 7.250 | 04/01/25 | 32 | 30,731 | |
Range Resources Corp., Gtd. Notes, 144A | 4.750 | 02/15/30 | 150 | 133,410 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., Gtd. Notes, 144A | 9.750 % | 12/01/26 | 750 | $706,289 | |
RHP Hotel Properties LP/RHP Finance Corp., Gtd. Notes, 144A | 4.500 | 02/15/29 | 250 | 212,870 | |
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., | |||||
Gtd. Notes, 144A | 3.625 | 03/01/29 | 400 | 325,228 | |
Gtd. Notes, 144A | 3.875 | 03/01/31 | 425 | 328,535 | |
Royal Caribbean Cruises Ltd., | |||||
Gtd. Notes, 144A | 7.250 | 01/15/30 | 800 | 788,000 | |
Sr. Unsec’d. Notes, 144A | 5.500 | 04/01/28 | 375 | 340,774 | |
Sr. Unsec’d. Notes, 144A | 11.625 | 08/15/27 | 650 | 705,165 | |
Scientific Games Holdings LP/Scientific Games US FinCo, Inc., Sr. Unsec’d. Notes, 144A(aa) | 6.625 | 03/01/30 | 900 | 774,111 | |
Scotts Miracle-Gro Co. (The), | |||||
Gtd. Notes(aa) | 4.000 | 04/01/31 | 1,950 | 1,451,549 | |
Gtd. Notes | 4.375 | 02/01/32 | 425 | 311,705 | |
Sealed Air Corp./Sealed Air Corp. US, Gtd. Notes, 144A | 6.125 | 02/01/28 | 175 | 166,448 | |
Shea Homes LP/Shea Homes Funding Corp., Sr. Unsec’d. Notes(aa) | 4.750 | 04/01/29 | 1,035 | 876,798 | |
SilverBow Resources, Inc., Sec’d. Notes, 144A, 3 Month LIBOR + 0.750%^ | 13.052(c) | 12/15/28 | 2,150 | 2,112,375 | |
Sinclair Television Group, Inc., Gtd. Notes, 144A(aa) | 5.125 | 02/15/27 | 1,490 | 1,179,278 | |
SK Invictus Intermediate II Sarl, Sr. Sec’d. Notes, 144A | 5.000 | 10/30/29 | 1,200 | 906,000 | |
Smyrna Ready Mix Concrete LLC, Sr. Sec’d. Notes, 144A(aa) | 6.000 | 11/01/28 | 1,273 | 1,177,131 | |
Southwestern Energy Co., | |||||
Gtd. Notes | 4.750 | 02/01/32 | 350 | 300,987 | |
Gtd. Notes(aa) | 5.375 | 02/01/29 | 875 | 809,544 | |
Gtd. Notes(aa) | 5.375 | 03/15/30 | 1,275 | 1,169,604 | |
SRS Distribution, Inc., Gtd. Notes, 144A | 6.000 | 12/01/29 | 750 | 624,436 | |
Standard Industries, Inc., | |||||
Sr. Unsec’d. Notes, 144A(aa) | 3.375 | 01/15/31 | 925 | 699,690 | |
Sr. Unsec’d. Notes, 144A(aa) | 4.375 | 07/15/30 | 975 | 797,657 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Suburban Propane Partners LP/Suburban Energy Finance Corp., Sr. Unsec’d. Notes, 144A | 5.000 % | 06/01/31 | 575 | $481,278 | |
Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp., Sr. Sec’d. Notes, 144A | 5.875 | 05/15/25 | 625 | 600,753 | |
Sunoco LP/Sunoco Finance Corp., | |||||
Gtd. Notes | 4.500 | 05/15/29 | 700 | 606,568 | |
Gtd. Notes | 4.500 | 04/30/30 | 850 | 728,956 | |
SWF Escrow Issuer Corp., Sr. Unsec’d. Notes, 144A(aa) | 6.500 | 10/01/29 | 1,600 | 904,351 | |
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., | |||||
Gtd. Notes, 144A(aa) | 5.500 | 01/15/28 | 2,963 | 2,607,692 | |
Gtd. Notes, 144A | 6.000 | 12/31/30 | 50 | 42,386 | |
Gtd. Notes, 144A | 7.500 | 10/01/25 | 225 | 222,225 | |
Taylor Morrison Communities, Inc., | |||||
Gtd. Notes, 144A | 5.875 | 06/15/27 | 625 | 585,928 | |
Sr. Unsec’d. Notes, 144A(aa) | 5.125 | 08/01/30 | 1,525 | 1,285,044 | |
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., Sr. Sec’d. Notes, 144A(aa) | 5.750 | 06/01/25 | 1,425 | 1,392,186 | |
Tenet Healthcare Corp., | |||||
Sr. Sec’d. Notes(aa) | 4.250 | 06/01/29 | 1,675 | 1,435,180 | |
Sr. Sec’d. Notes(aa) | 4.375 | 01/15/30 | 3,875 | 3,281,297 | |
Sr. Sec’d. Notes, 144A(aa) | 6.750 | 05/15/31 | 1,000 | 949,877 | |
Sr. Unsec’d. Notes(aa) | 6.875 | 11/15/31 | 525 | 484,461 | |
Tenneco, Inc., Sr. Sec’d. Notes, 144A(aa) | 8.000 | 11/17/28 | 1,150 | 922,876 | |
Titan International, Inc., Sr. Sec’d. Notes | 7.000 | 04/30/28 | 675 | 616,597 | |
TopBuild Corp., Gtd. Notes, 144A | 4.125 | 02/15/32 | 500 | 396,481 | |
TPC Group, Inc., Sr. Sec’d. Notes, 144A (original cost $774,718; purchased 12/15/22 - 05/16/23)(f) | 13.000 | 12/16/27 | 776 | 777,582 | |
TransDigm, Inc., Gtd. Notes | 4.625 | 01/15/29 | 700 | 603,103 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Transocean, Inc., Gtd. Notes, 144A | 8.000 % | 02/01/27 | 150 | $140,327 | |
TriMas Corp., Gtd. Notes, 144A(aa) | 4.125 | 04/15/29 | 1,200 | 1,005,696 | |
United Airlines, Inc., | |||||
Sr. Sec’d. Notes, 144A | 4.375 | 04/15/26 | 850 | 790,579 | |
Sr. Sec’d. Notes, 144A(aa) | 4.625 | 04/15/29 | 1,086 | 918,155 | |
United Rentals North America, Inc., | |||||
Gtd. Notes(aa) | 3.750 | 01/15/32 | 975 | 775,733 | |
Gtd. Notes | 3.875 | 02/15/31 | 477 | 391,885 | |
Gtd. Notes(aa) | 5.250 | 01/15/30 | 1,200 | 1,097,427 | |
Univision Communications, Inc., | |||||
Sr. Sec’d. Notes, 144A(aa) | 4.500 | 05/01/29 | 475 | 377,682 | |
Sr. Sec’d. Notes, 144A(aa) | 6.625 | 06/01/27 | 4,475 | 4,087,490 | |
Valaris Ltd., Sec’d. Notes, 144A | 8.375 | 04/30/30 | 375 | 367,500 | |
Vector Group Ltd., Sr. Sec’d. Notes, 144A(aa) | 5.750 | 02/01/29 | 1,950 | 1,653,254 | |
Venture Global LNG, Inc., | |||||
Sr. Sec’d. Notes, 144A | 9.500 | 02/01/29 | 2,675 | 2,713,273 | |
Sr. Sec’d. Notes, 144A | 9.875 | 02/01/32 | 2,875 | 2,915,927 | |
Verscend Escrow Corp., Sr. Unsec’d. Notes, 144A | 9.750 | 08/15/26 | 445 | 441,935 | |
Viasat, Inc., | |||||
Sr. Unsec’d. Notes, 144A(aa) | 5.625 | 09/15/25 | 1,650 | 1,531,775 | |
Sr. Unsec’d. Notes, 144A | 7.500 | 05/30/31 | 575 | 375,978 | |
Viking Cruises Ltd., | |||||
Gtd. Notes, 144A | 5.875 | 09/15/27 | 1,000 | 900,900 | |
Sr. Unsec’d. Notes, 144A | 7.000 | 02/15/29 | 750 | 678,750 | |
Viking Ocean Cruises Ship VII Ltd., Sr. Sec’d. Notes, 144A | 5.625 | 02/15/29 | 250 | 221,250 | |
Vista Outdoor, Inc., Gtd. Notes, 144A | 4.500 | 03/15/29 | 250 | 232,713 | |
Vistra Corp., | |||||
Jr. Sub. Notes, 144A | 7.000(ff) | 12/15/26(oo) | 750 | 685,599 | |
Jr. Sub. Notes, 144A(aa) | 8.000(ff) | 10/15/26(oo) | 875 | 831,324 | |
Vistra Operations Co. LLC, | |||||
Gtd. Notes, 144A(aa) | 4.375 | 05/01/29 | 1,375 | 1,165,572 | |
Gtd. Notes, 144A(aa) | 5.000 | 07/31/27 | 1,330 | 1,220,212 | |
Gtd. Notes, 144A(aa) | 5.625 | 02/15/27 | 1,100 | 1,035,228 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
United States (cont’d.) | |||||
Vital Energy, Inc., | |||||
Gtd. Notes | 9.750 % | 10/15/30 | 175 | $171,545 | |
Gtd. Notes | 10.125 | 01/15/28 | 175 | 175,505 | |
VOC Escrow Ltd., Sr. Sec’d. Notes, 144A | 5.000 | 02/15/28 | 650 | 581,547 | |
VT Topco, Inc., Sr. Sec’d. Notes, 144A | 8.500 | 08/15/30 | 300 | 292,482 | |
White Cap Buyer LLC, Sr. Unsec’d. Notes, 144A | 6.875 | 10/15/28 | 575 | 503,450 | |
Windsor Holdings III LLC, Sr. Sec’d. Notes, 144A | 8.500 | 06/15/30 | 850 | 832,964 | |
Wolverine World Wide, Inc., Gtd. Notes, 144A(aa) | 4.000 | 08/15/29 | 1,600 | 1,191,439 | |
WR Grace Holdings LLC, Sr. Sec’d. Notes, 144A | 7.375 | 03/01/31 | 200 | 185,400 | |
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp., Gtd. Notes, 144A(aa) | 5.125 | 10/01/29 | 860 | 734,321 | |
XPO Escrow Sub LLC, Gtd. Notes, 144A | 7.500 | 11/15/27 | 275 | 274,642 | |
XPO, Inc., Gtd. Notes, 144A(aa) | 7.125 | 06/01/31 | 1,050 | 1,022,918 | |
265,158,353 | |||||
Vietnam 0.3% | |||||
Mong Duong Finance Holdings BV, Sr. Sec’d. Notes, 144A (aa) | 5.125 | 05/07/29 | 1,530 | 1,377,796 | |
Zambia 0.5% | |||||
First Quantum Minerals Ltd., | |||||
Gtd. Notes, 144A | 6.875 | 03/01/26 | 200 | 175,450 | |
Gtd. Notes, 144A(aa) | 7.500 | 04/01/25 | 1,844 | 1,719,714 | |
Gtd. Notes, 144A | 8.625 | 06/01/31 | 775 | 652,938 | |
2,548,102 | |||||
Total Corporate Bonds (cost $556,795,436) | 463,089,307 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Floating Rate and Other Loans 3.5% | |||||
Jamaica 0.5% | |||||
Digicel International Finance Ltd., First Lien Initial Term B Loan, 6 Month LIBOR + 3.250% | 8.981 %(c) | 05/27/24 | 2,398 | $2,192,158 | |
United Kingdom 1.0% | |||||
Constellation Automotive Group Ltd., Facility 1 Loan, SONIA + 7.500% | 12.709(c) | 07/27/29 | GBP | 3,000 | 2,455,817 |
EG Group Ltd., Additional Second Lien Loan Facility, 3 Month EURIBOR + 7.000% | 10.972(c) | 04/30/27 | EUR | 2,780 | 2,635,109 |
5,090,926 | |||||
United States 2.0% | |||||
CSC Holdings LLC, 2022 Refinancing Term Loan, 1 Month SOFR + 4.500% | 9.835(c) | 01/18/28 | 3,227 | 3,007,830 | |
Diamond Sports Group LLC, | |||||
First Lien Term Loan, 1 Month SOFR + 10.100% | 12.775(c) | 05/25/26 | 260 | 97,393 | |
Second Lien Term Loan, 6 Month SOFR + 3.500% | 10.685(c) | 08/24/26 | 265 | 2,984 | |
Great Outdoors Group LLC, Term B-2 Loan, 3 Month SOFR + 4.012% | 9.402(c) | 03/06/28 | 1,459 | 1,445,297 | |
Heritage Power LLC, Term Loan B, 3 Month LIBOR + 6.000% | 12.500(c) | 07/30/26(d) | 2,470 | 494,690 | |
McAfee Corp., Tranche B-1 Term Loan, 1 Month SOFR + 3.850% | 9.165(c) | 03/01/29 | 1,122 | 1,067,278 | |
MLN US HoldCo LLC, | |||||
3L Term B Loans, 3 Month SOFR + 9.250%^ | 14.745(c) | 10/18/27 | 4 | 320 | |
Initial Term Loan, 3 Month SOFR + 6.440% | 11.935(c) | 10/18/27 | 27 | 18,328 | |
Initial Term Loan (Second Out (1st Lien Roll-Up)), 3 Month SOFR + 6.800% | 12.195(c) | 10/18/27 | 61 | 15,687 | |
NCR Atleos, LLC, Term B Loan, 1 Month SOFR + 4.850% | 10.176(c) | 03/27/29 | 1,250 | 1,192,709 | |
Skillsoft Finance II, Inc., Initial Term Loan, 1 Month SOFR + 5.364% | 10.699(c) | 07/14/28 | 1,410 | 1,280,126 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Floating Rate and Other Loans (Continued) | |||||
United States (cont’d.) | |||||
Univision Communications, Inc., 2021 Replacement Term Loan, 1 Month SOFR + 3.364% | 8.689 %(c) | 03/15/26 | 526 | $521,444 | |
Venator Finance Sarl, Term Loan | —(p) | 10/12/28 | 664 | 649,888 | |
9,793,974 | |||||
Total Floating Rate and Other Loans (cost $21,978,148) | 17,077,058 | ||||
Sovereign Bonds 20.2% | |||||
Angola 1.1% | |||||
Angolan Government International Bond, | |||||
Sr. Unsec’d. Notes | 8.250 | 05/09/28 | 3,160 | 2,682,050 | |
Sr. Unsec’d. Notes | 9.500 | 11/12/25 | 2,445 | 2,344,908 | |
Sr. Unsec’d. Notes, EMTN | 8.000 | 11/26/29 | 650 | 520,000 | |
5,546,958 | |||||
Argentina 1.5% | |||||
Argentine Republic Government International Bond, | |||||
Sr. Unsec’d. Notes | 0.750(cc) | 07/09/30 | 6,608 | 1,836,931 | |
Sr. Unsec’d. Notes | 1.000 | 07/09/29 | 1,237 | 330,959 | |
Sr. Unsec’d. Notes | 3.625(cc) | 07/09/35 | 1,864 | 458,460 | |
Sr. Unsec’d. Notes | 4.250(cc) | 01/09/38 | 13,769 | 4,144,543 | |
Provincia de Buenos Aires, Sr. Unsec’d. Notes, 144A, MTN | 6.375(cc) | 09/01/37 | 1,284 | 411,654 | |
7,182,547 | |||||
Bahrain 0.3% | |||||
Bahrain Government International Bond, | |||||
Sr. Unsec’d. Notes(aa) | 6.750 | 09/20/29 | 1,240 | 1,195,050 | |
Sr. Unsec’d. Notes | 7.000 | 10/12/28 | 430 | 427,312 | |
1,622,362 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Brazil 1.5% | |||||
Brazilian Government International Bond, | |||||
Sr. Unsec’d. Notes(aa) | 3.875 % | 06/12/30 | 3,960 | $3,398,511 | |
Sr. Unsec’d. Notes(aa) | 4.500 | 05/30/29 | 3,170 | 2,918,207 | |
Sr. Unsec’d. Notes(aa) | 5.625 | 01/07/41 | 1,500 | 1,218,750 | |
7,535,468 | |||||
Cameroon 0.3% | |||||
Republic of Cameroon International Bond, | |||||
Sr. Unsec’d. Notes | 5.950 | 07/07/32 | EUR | 290 | 197,055 |
Sr. Unsec’d. Notes | 9.500 | 11/19/25 | 1,080 | 1,036,130 | |
1,233,185 | |||||
Colombia 1.7% | |||||
Colombia Government International Bond, | |||||
Sr. Unsec’d. Notes(aa) | 3.000 | 01/30/30 | 3,200 | 2,457,600 | |
Sr. Unsec’d. Notes(aa) | 3.875 | 04/25/27 | 1,290 | 1,172,610 | |
Sr. Unsec’d. Notes(aa) | 4.500 | 03/15/29 | 1,770 | 1,534,590 | |
Sr. Unsec’d. Notes(aa) | 6.125 | 01/18/41 | 2,645 | 2,010,200 | |
Sr. Unsec’d. Notes | 7.375 | 09/18/37 | 780 | 700,050 | |
Sr. Unsec’d. Notes | 7.500 | 02/02/34 | 430 | 400,975 | |
8,276,025 | |||||
Dominican Republic 1.8% | |||||
Dominican Republic International Bond, | |||||
Sr. Unsec’d. Notes | 5.500 | 01/27/25 | 1,225 | 1,201,872 | |
Sr. Unsec’d. Notes | 5.950 | 01/25/27 | 3,000 | 2,882,730 | |
Sr. Unsec’d. Notes | 6.850 | 01/27/45 | 1,840 | 1,531,800 | |
Sr. Unsec’d. Notes | 7.450 | 04/30/44 | 2,300 | 2,067,700 | |
Sr. Unsec’d. Notes, 144A | 5.875 | 01/30/60 | 855 | 606,195 | |
Sr. Unsec’d. Notes, 144A | 7.050 | 02/03/31 | 320 | 306,560 | |
8,596,857 | |||||
Ecuador 0.4% | |||||
Ecuador Government International Bond, | |||||
Sr. Unsec’d. Notes | 6.000(cc) | 07/31/30 | 720 | 364,680 | |
Sr. Unsec’d. Notes, 144A | 2.500(cc) | 07/31/40 | 901 | 301,525 | |
Sr. Unsec’d. Notes, 144A | 3.500(cc) | 07/31/35 | 1,829 | 693,123 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Ecuador (cont’d.) | |||||
Ecuador Government International Bond, (cont’d.) | |||||
Sr. Unsec’d. Notes, 144A | 5.583 %(s) | 07/31/30 | 414 | $122,692 | |
Sr. Unsec’d. Notes, 144A | 6.000(cc) | 07/31/30 | 786 | 397,957 | |
1,879,977 | |||||
Egypt 0.9% | |||||
Egypt Government International Bond, | |||||
Sr. Unsec’d. Notes | 5.800 | 09/30/27 | 335 | 213,563 | |
Sr. Unsec’d. Notes, 144A, MTN | 6.375 | 04/11/31 | EUR | 1,845 | 1,050,320 |
Sr. Unsec’d. Notes, EMTN | 4.750 | 04/11/25 | EUR | 330 | 276,392 |
Sr. Unsec’d. Notes, EMTN | 4.750 | 04/16/26 | EUR | 3,340 | 2,391,008 |
Sr. Unsec’d. Notes, EMTN | 5.625 | 04/16/30 | EUR | 860 | 484,975 |
4,416,258 | |||||
El Salvador 0.2% | |||||
El Salvador Government International Bond, Sr. Unsec’d. Notes | 8.250 | 04/10/32 | 1,000 | 777,500 | |
Gabon 0.4% | |||||
Gabon Government International Bond, | |||||
Sr. Unsec’d. Notes | 6.625 | 02/06/31 | 340 | 238,850 | |
Sr. Unsec’d. Notes | 6.950 | 06/16/25 | 1,220 | 1,058,350 | |
Sr. Unsec’d. Notes, 144A | 6.625 | 02/06/31 | 650 | 456,625 | |
Sr. Unsec’d. Notes, 144A | 7.000 | 11/24/31 | 540 | 379,350 | |
2,133,175 | |||||
Ghana 0.2% | |||||
Ghana Government International Bond, | |||||
Sr. Unsec’d. Notes | 7.875 | 03/26/27(d) | 1,860 | 809,100 | |
Sr. Unsec’d. Notes | 8.125 | 01/18/26(d) | 390 | 171,113 | |
980,213 | |||||
Guatemala 0.3% | |||||
Guatemala Government Bond, | |||||
Sr. Unsec’d. Notes | 4.375 | 06/05/27 | 1,140 | 1,043,100 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Guatemala (cont’d.) | |||||
Guatemala Government Bond, (cont’d.) | |||||
Sr. Unsec’d. Notes | 4.900 % | 06/01/30 | 450 | $400,275 | |
Sr. Unsec’d. Notes | 6.125 | 06/01/50 | 300 | 238,500 | |
1,681,875 | |||||
Honduras 0.2% | |||||
Honduras Government International Bond, Sr. Unsec’d. Notes | 6.250 | 01/19/27 | 930 | 864,165 | |
Hungary 0.2% | |||||
Magyar Export-Import Bank Zrt, Gov’t. Gtd. Notes, 144A | 6.125 | 12/04/27 | 890 | 869,886 | |
Iraq 0.1% | |||||
Iraq International Bond, Sr. Unsec’d. Notes | 5.800 | 01/15/28 | 667 | 591,921 | |
Ivory Coast 0.9% | |||||
Ivory Coast Government International Bond, | |||||
Sr. Unsec’d. Notes | 4.875 | 01/30/32 | EUR | 270 | 215,337 |
Sr. Unsec’d. Notes | 5.250 | 03/22/30 | EUR | 2,480 | 2,158,312 |
Sr. Unsec’d. Notes | 5.875 | 10/17/31 | EUR | 1,245 | 1,062,101 |
Sr. Unsec’d. Notes | 6.875 | 10/17/40 | EUR | 1,460 | 1,118,068 |
4,553,818 | |||||
Jordan 0.1% | |||||
Jordan Government International Bond, Sr. Unsec’d. Notes, 144A | 7.500 | 01/13/29 | 515 | 477,019 | |
Lebanon 0.1% | |||||
Lebanon Government International Bond, | |||||
Sr. Unsec’d. Notes, EMTN | 6.100 | 10/04/22(d) | 2,000 | 122,040 | |
Sr. Unsec’d. Notes, GMTN | 6.250 | 05/27/22(d) | 2,550 | 153,000 | |
275,040 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Mongolia 0.1% | |||||
Mongolia Government International Bond, Sr. Unsec’d. Notes, EMTN | 8.750 % | 03/09/24 | 270 | $270,421 | |
Morocco 0.6% | |||||
Morocco Government International Bond, | |||||
Sr. Unsec’d. Notes | 1.500 | 11/27/31 | EUR | 860 | 666,550 |
Sr. Unsec’d. Notes | 2.000 | 09/30/30 | EUR | 1,150 | 973,452 |
Sr. Unsec’d. Notes, 144A | 5.950 | 03/08/28 | 750 | 734,063 | |
Sr. Unsec’d. Notes, 144A | 6.500 | 09/08/33 | 495 | 474,581 | |
2,848,646 | |||||
Mozambique 0.4% | |||||
Mozambique International Bond, Unsec’d. Notes | 9.000 | 09/15/31 | 2,295 | 1,772,383 | |
Nigeria 0.2% | |||||
Nigeria Government International Bond, | |||||
Sr. Unsec’d. Notes | 7.875 | 02/16/32 | 920 | 733,700 | |
Sr. Unsec’d. Notes, EMTN | 6.500 | 11/28/27 | 450 | 387,000 | |
1,120,700 | |||||
Oman 0.8% | |||||
Oman Government International Bond, | |||||
Sr. Unsec’d. Notes | 5.625 | 01/17/28 | 1,525 | 1,469,734 | |
Sr. Unsec’d. Notes | 6.500 | 03/08/47 | 1,120 | 971,600 | |
Sr. Unsec’d. Notes | 6.750 | 01/17/48 | 720 | 641,700 | |
Sr. Unsec’d. Notes, EMTN | 6.000 | 08/01/29 | 1,015 | 984,550 | |
4,067,584 | |||||
Pakistan 0.6% | |||||
Pakistan Government International Bond, | |||||
Sr. Unsec’d. Notes | 8.250 | 04/15/24 | 1,840 | 1,642,347 | |
Sr. Unsec’d. Notes | 8.250 | 09/30/25 | 290 | 203,249 | |
Sr. Unsec’d. Notes, 144A | 8.250 | 04/15/24 | 530 | 473,068 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Pakistan (cont’d.) | |||||
Pakistan Government International Bond, (cont’d.) | |||||
Sr. Unsec’d. Notes, 144A | 8.250 % | 09/30/25 | 610 | $427,525 | |
Sr. Unsec’d. Notes, EMTN | 7.375 | 04/08/31 | 660 | 320,245 | |
3,066,434 | |||||
Paraguay 0.2% | |||||
Paraguay Government International Bond, Sr. Unsec’d. Notes | 6.100 | 08/11/44 | 950 | 794,200 | |
Romania 0.7% | |||||
Romanian Government International Bond, Sr. Unsec’d. Notes, 144A | 7.125 | 01/17/33 | 3,374 | 3,347,188 | |
Senegal 0.4% | |||||
Senegal Government International Bond, | |||||
Sr. Unsec’d. Notes | 4.750 | 03/13/28 | EUR | 1,095 | 1,002,206 |
Sr. Unsec’d. Notes | 5.375 | 06/08/37 | EUR | 610 | 413,082 |
Sr. Unsec’d. Notes, 144A | 5.375 | 06/08/37 | EUR | 570 | 385,995 |
1,801,283 | |||||
Serbia 0.8% | |||||
Serbia International Bond, | |||||
Sr. Unsec’d. Notes | 1.500 | 06/26/29 | EUR | 1,490 | 1,215,929 |
Sr. Unsec’d. Notes | 3.125 | 05/15/27 | EUR | 1,820 | 1,741,545 |
Sr. Unsec’d. Notes, 144A | 6.250 | 05/26/28 | 500 | 484,970 | |
Sr. Unsec’d. Notes, 144A | 6.500 | 09/26/33 | 660 | 618,987 | |
4,061,431 | |||||
South Africa 0.3% | |||||
Republic of South Africa Government International Bond, Sr. Unsec’d. Notes (aa) | 4.850 | 09/30/29 | 1,690 | 1,434,388 | |
Sri Lanka 0.2% | |||||
Sri Lanka Government International Bond, | |||||
Sr. Unsec’d. Notes | 5.750 | 04/18/23(d) | 390 | 202,652 | |
Sr. Unsec’d. Notes | 6.200 | 05/11/27(d) | 900 | 445,581 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Sri Lanka (cont’d.) | |||||
Sri Lanka Government International Bond, (cont’d.) | |||||
Sr. Unsec’d. Notes | 7.550 % | 03/28/30(d) | 500 | $248,215 | |
Sr. Unsec’d. Notes | 7.850 | 03/14/29(d) | 400 | 197,896 | |
1,094,344 | |||||
Turkey 1.8% | |||||
Turkey Government International Bond, | |||||
Sr. Unsec’d. Notes(aa) | 4.250 | 04/14/26 | 1,750 | 1,605,625 | |
Sr. Unsec’d. Notes(aa) | 4.875 | 10/09/26 | 3,000 | 2,760,000 | |
Sr. Unsec’d. Notes | 5.950 | 01/15/31 | 495 | 415,800 | |
Sr. Unsec’d. Notes(aa) | 6.000 | 03/25/27 | 525 | 492,844 | |
Sr. Unsec’d. Notes | 9.375 | 03/14/29 | 745 | 758,037 | |
Sr. Unsec’d. Notes(aa) | 9.375 | 01/19/33 | 1,465 | 1,463,169 | |
Turkiye Government International Bond, Sr. Unsec’d. Notes | 9.125 | 07/13/30 | 375 | 374,063 | |
Turkiye Ihracat Kredi Bankasi A/S, Sr. Unsec’d. Notes, 144A, MTN | 9.000 | 01/28/27 | 745 | 746,862 | |
8,616,400 | |||||
Ukraine 0.6% | |||||
Ukraine Government International Bond, | |||||
Sr. Unsec’d. Notes | 4.375 | 01/27/32(d) | EUR | 605 | 142,634 |
Sr. Unsec’d. Notes | 6.750 | 06/20/28(d) | EUR | 1,230 | 322,112 |
Sr. Unsec’d. Notes | 7.750 | 09/01/24(d) | 320 | 100,800 | |
Sr. Unsec’d. Notes | 7.750 | 09/01/25(d) | 260 | 79,300 | |
Sr. Unsec’d. Notes | 7.750 | 09/01/26(d) | 590 | 168,067 | |
Sr. Unsec’d. Notes | 7.750 | 09/01/27(d) | 1,005 | 285,420 | |
Sr. Unsec’d. Notes | 7.750 | 09/01/28(d) | 910 | 254,800 | |
Sr. Unsec’d. Notes | 7.750 | 09/01/29(d) | 1,180 | 328,040 | |
Sr. Unsec’d. Notes | 8.994 | 02/01/26(d) | 400 | 121,375 | |
Sr. Unsec’d. Notes | 9.750 | 11/01/30(d) | 3,075 | 891,750 | |
2,694,298 | |||||
United Arab Emirates 0.2% | |||||
Finance Department Government of Sharjah, Sr. Unsec’d. Notes, 144A | 6.500 | 11/23/32 | 950 | 919,125 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Zambia 0.1% | |||||
Zambia Government International Bond, | |||||
Sr. Unsec’d. Notes | 8.500 % | 04/14/24(d) | 670 | $408,909 | |
Sr. Unsec’d. Notes | 8.970 | 07/30/27(d) | 480 | 291,150 | |
700,059 | |||||
Total Sovereign Bonds (cost $133,926,605) | 98,103,133 |
Shares | |||||
Common Stocks 1.8% | |||||
Luxembourg 0.2% | |||||
Intelsat Emergence SA* | 51,488 | 1,266,605 | |||
United States 1.6% | |||||
CEC Entertainment, Inc. | 34,226 | 604,671 | |||
Chesapeake Energy Corp. | 25,470 | 2,192,457 | |||
Ferrellgas Partners LP (Class B Stock) (original cost $2,328,464; purchased 09/15/15 - 01/30/17)(f) | 8,479 | 1,449,269 | |||
GenOn Energy Holdings, Inc. (Class A Stock)^ | 14,397 | 1,066,818 | |||
TPC Group, Inc. (original cost $528,485; purchased 12/15/22)*^(f) | 48,777 | 1,073,094 | |||
Venator Materials PLC* | 323,465,518 | 1,292,245 | |||
7,678,554 | |||||
Total Common Stocks (cost $6,495,674) | 8,945,159 | ||||
Rights* 0.0% | |||||
Luxembourg | |||||
Intelsat Jackson Holdings SA, Series A (Luxembourg) CVR, expiring 12/05/25^ | 5,390 | 33,687 |
Description | Shares | Value | |||
Rights (Continued)* | |||||
Luxembourg (cont’d.) | |||||
Intelsat Jackson Holdings SA, Series B (Luxembourg) CVR, expiring 12/05/25^ | 5,390 | $21,560 | |||
Total Rights (cost $127) | 55,247 | ||||
Total Long-Term Investments (cost $740,522,445) | 608,751,096 | ||||
Short-Term Investment 0.7% | |||||
Affiliated Mutual Fund | |||||
PGIM Core Government Money Market Fund (cost $3,479,791)(wb) | 3,479,791 | 3,479,791 | |||
TOTAL INVESTMENTS 125.7% (cost $744,002,236) | 612,230,887 | ||||
Liabilities in excess of other assets(z) (25.7)% | (125,331,885) | ||||
Net Assets 100.0% | $486,899,002 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
EUR—Euro | |
GBP—British Pound |
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. | |
BARC—Barclays Bank PLC | |
BNP—BNP Paribas S.A. | |
CDX—Credit Derivative Index | |
CITI—Citibank, N.A. | |
CLO—Collateralized Loan Obligation | |
CVR—Contingent Value Rights | |
DAC—Designated Activity Company | |
EMTN—Euro Medium Term Note | |
EURIBOR—Euro Interbank Offered Rate | |
GMTN—Global Medium Term Note | |
HSBC—HSBC Bank PLC | |
iBoxx—Bond Market Indices | |
iTraxx—International Credit Derivative Index | |
LIBOR—London Interbank Offered Rate | |
LP—Limited Partnership | |
MSI—Morgan Stanley & Co International PLC | |
MTN—Medium Term Note |
OTC—Over-the-counter | |
PIK—Payment-in-Kind | |
Q—Quarterly payment frequency for swaps | |
SOFR—Secured Overnight Financing Rate | |
SONIA—Sterling Overnight Index Average | |
SSB—State Street Bank & Trust Company | |
T—Swap payment upon termination | |
TD—The Toronto-Dominion Bank | |
UAG—UBS AG |
* | Non-income producing security. |
# | Principal or notional amount is shown in U.S. dollars unless otherwise stated. |
^ | Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $4,307,854 and 0.9% of net assets. |
(aa) | Represents security, or a portion thereof, with aggregate value of $302,919,121 segregated as collateral for amount of $145,000,000 borrowed and outstanding as of October 31, 2023. |
(c) | Variable rate instrument. The interest rate shown reflects the rate in effect at October 31, 2023. |
(cc) | Variable rate instrument. The rate shown is based on the latest available information as of October 31, 2023. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description. |
(d) | Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post-maturity. |
(f) | Indicates a restricted security that is acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer and is considered restricted as to disposition under federal securities law; the aggregate original cost of such securities is $14,488,472. The aggregate value of $7,509,062 is 1.5% of net assets. |
(ff) | Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of period end. |
(oo) | Perpetual security. Maturity date represents next call date. |
(p) | Represents a security with a delayed settlement and therefore the interest rate is not available until settlement which is after the period end. |
(s) | Represents zero coupon bond or principal only security. Rate represents yield to maturity at purchase date. |
(wb) | Represents an investment in a Fund affiliated with the Manager. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
Futures contracts outstanding at October 31, 2023: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
154 | 2 Year U.S. Treasury Notes | Dec. 2023 | $31,172,969 | $(138,936) | ||||
214 | 5 Year Euro-Bobl | Dec. 2023 | 26,331,940 | (240,191) | ||||
38 | 10 Year U.S. Treasury Notes | Dec. 2023 | 4,034,531 | (69,740) | ||||
21 | 20 Year U.S. Treasury Bonds | Dec. 2023 | 2,298,187 | (215,109) | ||||
30 | 30 Year U.S. Ultra Treasury Bonds | Dec. 2023 | 3,376,875 | (436,007) | ||||
184 | Euro Schatz Index | Dec. 2023 | 20,476,563 | 15,825 | ||||
(1,084,158) |
Futures contracts outstanding at October 31, 2023 (continued): | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Short Positions: | ||||||||
32 | 5 Year U.S. Treasury Notes | Dec. 2023 | $3,343,250 | $(17,039) | ||||
3 | 10 Year Euro-Bund | Dec. 2023 | 409,453 | 10,536 | ||||
46 | 10 Year U.K. Gilt | Dec. 2023 | 5,208,641 | (38,913) | ||||
(45,416) | ||||||||
$(1,129,574) |
Purchase Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts: | |||||||||||||
British Pound, | |||||||||||||
Expiring 11/02/23 | BNP | GBP | 26,362 | $31,967,243 | $32,041,772 | $74,529 | $— | ||||||
Euro, | |||||||||||||
Expiring 11/02/23 | BNP | EUR | 61,078 | 64,396,485 | 64,632,028 | 235,543 | — | ||||||
Expiring 11/02/23 | BNP | EUR | 1,415 | 1,499,964 | 1,497,697 | — | (2,267) | ||||||
Expiring 11/02/23 | BNP | EUR | 1,225 | 1,298,284 | 1,296,248 | — | (2,036) | ||||||
$99,161,976 | $99,467,745 | 310,072 | (4,303) |
Sale Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts: | |||||||||||||
British Pound, | |||||||||||||
Expiring 11/02/23 | BARC | GBP | 21,400 | $26,135,777 | $26,010,911 | $124,866 | $— | ||||||
Expiring 11/02/23 | HSBC | GBP | 3,236 | 3,944,287 | 3,933,743 | 10,544 | — | ||||||
Expiring 11/02/23 | HSBC | GBP | 829 | 1,006,481 | 1,007,636 | — | (1,155) | ||||||
Expiring 11/02/23 | TD | GBP | 896 | 1,094,260 | 1,089,481 | 4,779 | — | ||||||
Expiring 12/04/23 | BNP | GBP | 26,362 | 31,972,858 | 32,048,821 | — | (75,963) | ||||||
Euro, | |||||||||||||
Expiring 11/02/23 | BNP | EUR | 61,410 | 65,140,347 | 64,982,734 | 157,613 | — | ||||||
Expiring 11/02/23 | BNP | EUR | 284 | 300,522 | 300,022 | 500 | — | ||||||
Expiring 11/02/23 | CITI | EUR | 456 | 482,104 | 482,073 | 31 | — | ||||||
Expiring 11/02/23 | HSBC | EUR | 517 | 541,789 | 547,014 | — | (5,225) | ||||||
Expiring 11/02/23 | SSB | EUR | 166 | 176,089 | 176,049 | 40 | — | ||||||
Expiring 11/02/23 | SSB | EUR | 130 | 136,952 | 137,912 | — | (960) |
Sale Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Euro (cont’d.), | |||||||||||||
Expiring 11/02/23 | UAG | EUR | 756 | $797,874 | $800,170 | $— | $(2,296) | ||||||
Expiring 12/04/23 | BNP | EUR | 61,078 | 64,479,063 | 64,724,016 | — | (244,953) | ||||||
$196,208,403 | $196,240,582 | 298,373 | (330,552) | ||||||||||
$608,445 | $(334,855) |
Reference Entity/ Obligation | Termination Date | Fixed Rate | Notional Amount (000)#(3) | Value at Trade Date | Value at October 31, 2023 | Unrealized Appreciation (Depreciation) | |||||||||
Centrally Cleared Credit Default Swap Agreements on credit indices - Buy Protection(1): | |||||||||||||||
CDX.NA.HY.41.V1 | 12/20/28 | 5.000%(Q) | 15,430 | $(10,504) | $5,598 | $16,102 | |||||||||
CDX.NA.IG.41.V1 | 12/20/28 | 1.000%(Q) | 8,160 | (115,060) | (84,495) | 30,565 | |||||||||
iTraxx.XO.40.V1 | 12/20/28 | 5.000%(Q) | EUR | 8,090 | (322,769) | (217,497) | 105,272 | ||||||||
$(448,333) | $(296,394) | $151,939 |
(1) | If the Fund is a buyer of protection, it pays the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and make delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
(2) | If the Fund is a seller of protection, it receives the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
(3) | Notional amount represents the maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
(4) | Implied credit spreads, represented in absolute terms, utilized in determining the fair value of credit default swap agreements where the Fund is the seller of protection as of the reporting date serve as an indicator of the current status of the payment/ performance risk and represent the likelihood of risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include up-front payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood of risk of default or other credit event occurring as defined under the terms of the agreement. |
Total return swap agreements outstanding at October 31, 2023: | ||||||||||||||
Reference Entity | Financing Rate | Counterparty | Termination Date | Long (Short) Notional Amount (000)#(1) | Fair Value | Upfront Premiums Paid (Received) | Unrealized Appreciation (Depreciation)(2) | |||||||
OTC Total Return Swap Agreements: | ||||||||||||||
iBoxx US Dollar Investment Grade Index(T) | 1 Day SOFR(Q)/ 5.350% | BNP | 12/20/23 | (5,210) | $417,670 | $— | $417,670 | |||||||
iBoxx US Dollar Liquid High Yield Index(T) | 1 Day SOFR(Q)/ 5.350% | MSI | 03/20/24 | (2,790) | 456 | — | 456 | |||||||
$418,126 | $— | $418,126 |
(1) | On a long total return swap, the Fund receives payments for any positive return on the reference entity (makes payments for any negative return) and pays the financing rate. On a short total return swap, the Fund makes payments for any positive return on the reference entity (receives payments for any negative return) and receives the financing rate. |
(2) | Upfront/recurring fees or commissions, as applicable, are included in the net unrealized appreciation (depreciation). |
1 Year PGIM Global High Yield Chart |
1 Month PGIM Global High Yield Chart |
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