Pioneer Investments: Pioneer Dynamic Credit Fund


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Pioneer Dynamic Credit Fund

Monthly Portfolio Holdings as of 6/30/2014

Security Name Coupon Maturity Date Par / Shares Market Value($)
Deluxe Entertainment Services Group, Inc., Initial Term Loan, 2/26/20 6.5 02/26/2020 422,344 422,344
Hologic, Inc., 2.0%, 3/1/42 (Step) 2.0 03/01/2042 1,350,000 1,484,719
Constellation Brands, Inc., 3.75%, 5/1/21 3.75 05/01/2021 470,000 470,000
Masco Corp., 7.125%, 3/15/20 7.125 03/15/2020 135,000 161,689
Stone Energy Corp., 7.5%, 11/15/22 7.5 11/15/2022 150,000 166,813
WebMD Health Corp., 1.5%, 12/1/20 (144A) 1.5 12/01/2020 1,300,000 1,448,688
Valeant Pharmaceuticals International, Inc., Series C-2 Tranche B Term Loan, 12/11/19 3.75 12/11/2019 343,875 344,133
Israel Electric Corp, Ltd., 5.625%, 6/21/18 (144A) 5.625 06/21/2018 900,000 960,014
WMG Acquisition Corp., Tranche B Refinancing Term Loan, 7/1/20 3.75 07/03/2020 679,863 670,344
Turkiye Sise ve Cam Fabrikalari AS, 4.25%, 5/9/20 (144A) 4.25 05/09/2020 400,000 388,456
TI Group Automotive Systems LLC, Additional Term Loan, 3/28/19 5.5 03/27/2019 127,412 128,048
Fixed Income Trust Series 2013-A, 0.0%, 10/15/97 (Step) (144A) 0.0   1,000,000 624,740
BM&FBovespa SA, 5.5%, 7/16/20 (144A) 5.5 07/16/2020 900,000 996,938
Gulfport Energy Corp., 7.75%, 11/1/20 7.75 11/01/2020 1,190,000 1,303,546
Physio-Control International, Inc., 9.875%, 1/15/19 (144A) 9.875 01/15/2019 142,000 163,376
Telenet Finance III Luxembourg SCA, 6.625%, 2/15/21 (144A) 6.625 02/15/2021 200,000 301,480
Wachovia Bank Commercial Mortgage Trust Series 2006-C24, Floating Rate Note, 3/15/45 5.658 03/15/2045 304,000 314,886
Marfrig Overseas, Ltd., 9.5%, 5/4/20 (144A) 9.5 05/04/2020 100,000 109,004
Citicorp Residential Mortgage Trust Series 2007-1, 5.892%, 3/25/37 (Step) 5.892 03/25/2037 125,000 97,344
Maine Health & Higher Educational Facilities Authority, 5.0%, 7/1/43 5.0 07/01/2043 1,000,000 1,102,330
Morgan Stanley Capital I Trust 2007-TOP25, Floating Rate Note, 11/12/49 5.574 11/12/2049 1,500,000 1,546,481
Dynegy, Inc., Tranche B-2 Term Loan, 4/23/20 4.0 04/16/2020 304,615 305,975
Affinion Group, Inc., Tranche B Term Loan, 10/9/16 6.75 10/09/2016 968,936 974,765
Rain CII Carbon LLC, 8.25%, 1/15/21 (144A) 8.25 01/15/2021 1,050,000 1,142,444
American Home Mortgage Investment Trust 2005-1, Floating Rate Note, 6/25/45 2.3219 06/25/2045 750,000 77,837
Aeropuertos Argentina 2000 SA, 10.75%, 12/1/20 (144A) 10.75 12/01/2020 208,000 189,426
Beverage Packaging Holdings Luxembourg II SA, 6.0%, 6/15/17 (144A) 6.0 06/15/2017 300,000 308,300
NCR Corp., 6.375%, 12/15/23 (144A) 6.375 12/15/2023 660,000 717,970
MASTR Adjustable Rate Mortgages Trust 2005-1, Floating Rate Note, 1/25/35 5.2429 01/25/2035 1,100,000 161,714
Gator Re, Ltd., Floating Rate Note, 1/9/17 (Cat Bond) (144A)   01/09/2017 600,000 593,640
JPMorgan Chase & Co., Floating Rate Note, 12/31/49 (Perpetual) 5.15 12/29/2049 1,525,000 1,475,183
Gray Television Inc. 1st Lien Tl L + 3% 10jun21   06/10/2021 109,706 110,414
Metaldyne LLC, USD Term Loan 2014, 12/18/18 4.25 12/18/2018 586,362 589,294
TAL Advantage V LLC, 3.97%, 5/20/39 3.97 05/20/2039 1,000,000 999,558
ON Semiconductor Corp., 2.625%, 12/15/26 2.625 12/15/2026 1,000,000 1,174,292
Sanders Re, Ltd., Floating Rate Note, 5/5/17 (Cat Bond) (144A) 3.5304 05/05/2017 1,000,000 997,747
MMM Holdings, Inc., MMM Term Loan, 12/12/17 9.75 10/09/2017 34,916 35,221
Alam Synergy Pte, Ltd., 9.0%, 1/29/19 (144A) 9.0 01/29/2019 340,000 375,870
The Goodyear Tire & Rubber Co., 7.0%, 5/15/22 7.0 05/15/2022 210,000 234,978
Buckeye Partners LP, 4.15%, 7/1/23 4.15 07/01/2023 3,500,000 3,679,984
James River Coal Co., 7.875%, 4/1/19 7.875 04/01/2019 250,000 45,391
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 4.5304 12/06/2016 800,000 819,220
Fannie Mae, 4.0%, 5/1/44 4.0 05/01/2044 1,445,896 1,539,117
Midwest Vanadium Pty, Ltd., 11.5%, 2/15/18 (144A) 11.5 02/15/2018 100,000 53,753
Ocean Rig UDW, Inc., 7.25%, 4/1/19 (144A) 7.25 04/01/2019 1,960,000 1,977,899
GS Mortgage Securities Corp II, Floating Rate Note, 11/8/29 (144A) 3.751 11/08/2029 950,000 961,466
Cosan Luxembourg SA, 5.0%, 3/14/23 (144A) 5.0 03/14/2023 240,000 232,767
Kenya 5.875% 24jun19 144a 5.875 06/24/2019 405,000 413,765
Bear Stearns Commercial Mortgage Securities Trust 2006-PWR14, 5.273%, 12/11/38 5.273 12/11/2038 2,642,507 2,702,276
Vita Capital V, Ltd., Floating Rate Note, 1/15/17 (Cat Bond) (144A) 2.722 01/15/2017 250,000 255,589
WebMD Health Corp., 2.5%, 1/31/18 2.5 01/31/2018 100,000 106,174
WESCO Distribution, Inc., Tranche B-1 Loan, 12/12/19 3.75 12/04/2019 165,030 165,381
Lion I Re, Ltd., Floating Rate Note, 4/28/17 (Cat Bond) (144A) 2.579 04/28/2017 350,000 476,604
Albany Molecular Research, Inc., 2.25%, 11/15/18 (144A) 2.25 11/15/2018 1,080,000 1,551,555
Protection One, Inc., Term Loan (2012), 3/21/19 4.25 03/20/2019 498,729 499,040
Reliance Steel & Aluminum Co., 4.5%, 4/15/23 4.5 04/15/2023 490,000 504,534
Mustang Parent Corp., Initial Dollar Tranche A Term, 9/30/20 4.25 09/30/2020 200,000 200,625
Sector Re V, Ltd., 0.0%, 3/30/19 (Cat Bond) (144A) 0.0 03/30/2019 700,000 709,030
Mythen Re, Ltd. Series 2012-2 Class A, Floating Rate Note, 1/5/17 (Cat Bond) (144A) 8.5262 01/05/2017 1,000,000 1,078,047
Metalloinvest Finance, Ltd., 5.625%, 4/17/20 (144A) 5.625 04/17/2020 400,000 392,625
Prince Mineral Holding Corp., 11.5%, 12/15/19 (144A) 12.0 12/15/2019 265,000 300,201
Targa Resources Partners LP, 4.25%, 11/15/23 4.25 11/15/2023 740,000 739,394
DigitalGlobe, Inc., 5.25%, 2/1/21 5.25 02/01/2021 865,000 875,272
Boart Longyear Management Pty, Ltd., 10.0%, 10/1/18 (144A) 10.0 10/01/2018 220,000 235,400
Cvo 6% 01aug19 144a 6.0 08/01/2019 1,210,000 1,211,008
Eqty14-Inns Flt% 08may19 E   05/08/2019 530,000 530,736
JinkoSolar Holding Co, Ltd., 4.0%, 2/1/19 (144A) 4.0 02/01/2019 1,455,000 1,467,064
Countrywide Asset-Backed Certificates, Floating Rate Note, 11/25/36 (144A) 0.322 11/25/2036 9,809,888 437,933
Unit Corp., 6.625%, 5/15/21 6.625 05/15/2021 550,000 591,781
Grifols Worldwide Operations, Ltd., 5.25%, 4/1/22 (144A) 5.25 04/01/2022 645,000 679,440
MHP SA, 8.25%, 4/2/20 (144A) 8.25 04/02/2020 500,000 467,798
MPL 2 Acquisition Canco, Inc., 9.875%, 8/15/18 (144A) 9.875 08/15/2018 100,000 111,481
QBE Insurance Group, Ltd., 2.4%, 5/1/18 (144A) 2.4 05/01/2018 200,000 200,470
Regal Entertainment Group, 5.75%, 2/1/25 5.75 02/01/2025 470,000 487,135
MedAssets, Inc., 8.0%, 11/15/18 8.0 11/15/2018 175,000 186,851
Activision Blizzard, Inc., 6.125%, 9/15/23 (144A) 6.125 09/15/2023 1,700,000 1,900,659
GCI, Inc., 8.625%, 11/15/19 8.625 11/15/2019 458,000 488,810
Expert Global Solutions, Inc., Term B Advance (First Lien), 4/3/18 8.5 03/13/2018 221,514 220,591
Targus Group International, Inc., Term Loan, 5/24/16 12.0 05/12/2016 91,300 78,290
Laureate Education, Inc., New Series 2018 Extended Term Loan, 6/16/18 5.0 06/16/2018 546,324 535,056
Sequa Corp., Initial Term Loan, 6/19/17 5.25 05/29/2017 740,625 735,070
CST Brands, Inc., 5.0%, 5/1/23 5.0 05/01/2023 1,325,000 1,336,042
BC Mountain LLC, 7.0%, 2/1/21 (144A) 7.0 02/01/2021 400,000 398,667
ORES 2014-LV3 LLC, 6.0%, 3/27/24 6.0 03/27/2024 1,000,000 999,357
Empresas ICA SAB de CV, 8.9%, 2/4/21 (144A) 8.9 02/04/2021 500,000 546,921
Firstar Realty LLC, 8.875%, 12/31/49 (Perpetual) (144A) 8.875   400 497,250
Ukraine Government International Bond, 7.8%, 11/28/22 (144A) 7.8 11/28/2022 200,000 190,430
EP Energy LLC, Tranche B-3 Loan, 5/24/18 3.5 05/24/2018 176,667 176,648
Residential Reinsurance 2012, Ltd., Floating Rate Note, 6/6/16 (Cat Bond) (144A) 8.0304 06/06/2016 250,000 272,939
Lennar Corp., 4.5%, 6/15/19 4.5 06/15/2019 1,175,000 1,205,256
Norcraft Companies LP, Initial Loan, 11/12/20 5.25 11/12/2020 199,000 200,244
Commercial Mortgage Trust 2007-GG11, Floating Rate Note, 12/10/49 6.2614 12/10/2049 1,600,000 1,678,640
COMM 2006-C8 Mortgage Trust, 5.377%, 12/10/46 5.377 12/10/2046 2,000,000 2,029,948
Ardagh Packaging Finance Plc, 7.375%, 10/15/17 (144A) 7.375 10/15/2017 150,000 219,425
Gibraltar Industries, Inc., 6.25%, 2/1/21 6.25 02/01/2021 1,000,000 1,066,042
Gold Fields Orogen Holding BVI, Ltd., 4.875%, 10/7/20 (144A) 4.875 10/07/2020 400,000 372,550
NorthStar Realty Finance Corp., 3.0%, 9/30/14 3.0 09/30/2014 2,570,000 2,584,779
Altrl Flt% 30jun16   06/30/2016 4,000,000 4,141,200
Aquarius + Investments Plc for Swiss Reinsurance Co, Ltd., Floating Rate Note, 9/1/24 6.375 09/01/2024 1,500,000 1,684,688
Wachovia Bank Commercial Mortgage Trust Series 2006-C28, Floating Rate Note, 10/15/48 5.632 10/15/2048 1,500,000 1,545,070
Quebecor Media, Inc., Facility B-1 Tranche, 8/17/20 3.25 08/01/2020 236,691 234,767
Altisource Solutions Sarl, Term B Loan, 12/9/20 4.5 12/09/2020 1,140,904 1,142,330
CHS, 6.875%, 2/1/22 (144A) 6.875 02/01/2022 1,140,000 1,241,927
Univar, Inc., Term B Loan, 6/30/17 5.0 02/14/2017 267,206 268,566
RESI Finance LP 2003-D, Floating Rate Note, 12/10/35 (144A) 1.4535 12/10/2035 2,970,000 582,385
GS Mortgage Securities Trust 2006-GG6, Floating Rate Note, 4/10/38 5.7844 04/10/2038 1,000,000 1,004,435
Structured Adjustable Rate Mortgage Loan Trust, Floating Rate Note, 7/25/34 2.4426 07/25/2034 406,549 70,402
Cemex Finance LLC, 6.0%, 4/1/24 (144A) 6.0 04/01/2024 200,000 211,250
BioMarin Pharmaceutical, Inc., 0.75%, 10/15/18 0.75 10/15/2018 200,000 207,192
Guggenheim Partners Investment Management Holdings LLC, Initial Term Loan, 7/22/20 4.2531 07/09/2020 447,750 449,802
Sector Re V, Ltd., 0.0%, 12/1/18 (Cat Bond) (144A) 0.0 12/01/2018 250,000 263,800
Seven Seas Cruises S de RL LLC, Term B2 Loan, 12/21/18 3.75 12/21/2018 464,195 464,485
GS Mortgage Securities Corp Trust 2014-NEW, 3.79%, 1/10/31 (144A) 3.79 01/10/2031 1,000,000 967,049
InterGen NV, 7.0%, 6/30/23 (144A) 7.0 06/30/2023 1,050,000 1,121,079
JP Morgan Mortgage Trust 2005-A7, Floating Rate Note, 10/25/35 2.6316 10/25/2035 2,900,000 161,059
Big Heart Pet Brands, Initial Term Loan, 2/24/20 3.5 02/24/2020 315,512 313,934
Wells Fargo & Co., Floating Rate Note, 12/31/49 (Perpetual) 7.98 03/29/2049 400,000 464,399
CS Intermediate Holdco 2 LLC, Term Loan, 3/28/21 4.0 03/28/2021 650,000 650,406
Wendy's International LLC, Term B Loan, 5/15/19 3.25 05/15/2019 750,734 752,921
Pinnacle Foods Finance LLC, New Term Loan G, 4/29/20 3.25 04/16/2020 197,500 196,821
Nationstar Mortgage LLC, 6.5%, 8/1/18 6.5 08/01/2018 355,000 375,265
Tower Automotive Holdings USA LLC, Refinancing Term Loan, 4/23/20 3.2306 04/23/2020 928,303 928,110
Akamai Technologies, Inc., 0.0%, 2/15/19 (144A) 0.0 02/15/2019 760,000 775,205
Davita Healthcare Partners Inc 1st Lien Tl-B L + 2.75% 19jun21   06/19/2021 63,499 63,879
Accudyne Industries Borrower SCA, Refinancing Term Loan, 12/13/19 4.0 12/13/2019 719,437 718,281
NRG Energy, Inc., 6.25%, 7/15/22 (144A) 6.25 07/15/2022 675,000 736,922
Banc of America Mortgage Trust 2004-2, 5.5%, 3/25/34 5.5 03/25/2034 212,565 78,787
Cammt Flt% 15may48 14-2-M 4.45 05/15/2048 400,000 400,247
GTP Acquisition Partners I LLC, 7.628%, 6/15/16 (144A) 7.628 06/15/2016 500,000 531,853
Nations Equipment Finance Funding I LLC, 5.5%, 5/20/21 (144A) 5.5 05/20/2021 1,360,000 1,377,382
Vz 4.15% 15mar24 4.15 03/15/2024 3,500,000 3,696,493
VOLT XXIV LLC, 4.75%, 11/25/53 (Step) 4.75 11/25/2053 1,000,000 994,465
First Data Corp., 2018 Dollar Term Loan, 3/23/18 4.154 03/24/2018 500,000 501,659
Belden, Inc., 5.5%, 4/15/23 (144A) 5.5 04/15/2023 300,000 435,169
Key Energy Services, Inc., 6.75%, 3/1/21 6.75 03/01/2021 585,000 621,563
Phosagro OAO via Phosagro Bond Funding, Ltd., 4.204%, 2/13/18 (144A) 4.204 02/13/2018 200,000 201,473
AES Corp. Virginia, 5.5%, 3/15/24 5.5 03/15/2024 1,500,000 1,559,875
Sappi Papier Holding GmbH, 6.625%, 4/15/21 (144A) 6.625 04/15/2021 400,000 427,594
ARD Finance SA, 11.125%, 6/1/18 (144A) (PIK) 11.125 06/01/2018 138,900 148,313
Confie seguros Holding II Co., Term B Loan (First Lien), 11/9/18 5.75 11/09/2018 292,396 293,584
Mastr Specialized Loan Trust, Floating Rate Note, 11/25/34 (144A) 5.5 11/25/2034 775,000 767,104
ReneSola, Ltd., 4.125%, 3/15/18 (144A) 4.125 03/15/2018 150,000 122,009
Energy XXI Gulf Coast, Inc., 7.5%, 12/15/21 7.5 12/15/2021 1,360,000 1,459,733
Husky Injection Molding Systems Lt Tl-B L + 3.25% 10jun21   06/10/2021 700,000 704,410
Intrepid Aviation Group Holdings LLC, 6.875%, 2/15/19 (144A) 6.875 02/15/2019 825,000 894,323
Pangaea Re, 0.0%, 10/1/15 (Cat Bond) 0.0 10/01/2015 500,000 561,550
Alliant Holdings I, Inc., Initial Term Loan, 12/20/19 4.25 12/07/2019 492,808 494,656
BRF SA, 3.95%, 5/22/23 (144A) 3.95 05/22/2023 250,000 237,320
Kane Flt% 30jul16   07/30/2016 805,000 815,787
CenturyLink, Inc., 7.65%, 3/15/42 7.65 03/15/2042 800,000 816,020
Ally Financial, Inc., 7.0%, 12/31/49 (Perpetual) (144A) 7.0   1,600 1,612,050
Waupaca Foundry, Inc., Term Loan, 6/29/17 4.0 06/29/2017 606,739 608,635
Delta Air Lines 2010-1 Class B Pass Through Trust, 6.375%, 1/2/16 (144A) 6.375 01/02/2016 400,000 440,679
Jones Energy Holdings LLC, 6.75%, 4/1/22 (144A) 6.75 04/01/2022 400,000 428,750
Windstream Corp., 7.5%, 6/1/22 7.5 06/01/2022 1,305,000 1,428,975
Virgin Media Investment Holdings, Ltd., B Facility, 6/8/20 3.5 02/06/2020 790,000 787,976
PetroQuest Energy, Inc., 10.0%, 9/1/17 10.0 09/01/2017 500,000 544,217
Serena Software Inc 1st Lien Term L + 6.5% 10apr20 7.5 04/10/2020 290,000 293,383
GMAT 2013-1 Trust, Floating Rate Note, 8/25/53 5.0 08/25/2053 570,000 545,454
GTECH S.p.A., Floating Rate Note, 3/31/66 (144A) 8.25 03/31/2066 300,000 449,280
Global Mortgage Securitization, Ltd., 5.25%, 11/25/32 (144A) 5.25 11/25/2032 1,671,000 462,501
BWAY Holding Co., Initial Term Loan, 8/6/17 4.5 08/06/2017 742,362 746,074
Citrus Re, Ltd., Floating Rate Note, 4/18/17 (Cat Bond) (144A)   04/18/2017 250,000 244,925
Citicorp Residential Mortgage Trust Series 2006-1, 5.939%, 7/25/36 (Step) 5.939 07/25/2036 125,000 93,264
Wells Fargo Commercial Mortgage Trust 2014-TISH, Floating Rate Note, 1/15/27 3.6511 01/15/2027 1,500,000 1,500,473
Telesat Canada, U.S. Term B-2 Loan, 3/28/19 3.5 03/28/2019 607,658 607,582
Enel Finance International NV, 5.125%, 10/7/19 (144A) 5.125 10/07/2019 150,000 170,674
Fannie Mae, 4.0%, 5/1/44 4.0 05/01/2044 4,304,445 4,573,921
NCR Corp., 5.0%, 7/15/22 5.0 07/15/2022 185,000 191,578
Sealy Corp., 8.0%, 7/15/16 (PIK) 8.0 07/15/2016 13,100 1,038,175
Homeowner Assistance Program Reverse Mortgage Loan Trust 2013-RM1, 4.0%, 5/26/53 (144A) 4.0 05/26/2053 250,000 186,405
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 5.5 02/01/2043 1,150,000 1,248,184
Federal Home Loan Mortgage Corp., 4.036%, 5/25/45 (144A) 4.1759 05/25/2045 175,000 178,430
Sensus USA, Inc., Term Loan (First Lien), 5/9/17 4.75 04/13/2017 244,323 245,647
Cme: (Cdx.Na.Hy.22.V2) Usd 20jun19 Z91jjmp14 500.0 06/20/2019 0 -9,199,178
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 4.7 10/15/2022 500,000 521,703
Mentor Graphics Corp., 4.0%, 4/1/31 4.0 04/01/2031 175,000 216,016
Jul14 Vix C @ 14   07/16/2014 900 36,000
Aeroflex, Inc., Tranche B-1 Term Loan, 11/9/19 4.5 11/24/2019 126,184 126,815
Covanta Holding Corp., 5.875%, 3/1/24 5.875 03/01/2024 1,130,000 1,189,345
Boart Longyear Management Pty, Ltd., 7.0%, 4/1/21 (144A) 7.0 04/01/2021 1,670,000 1,281,725
Basic Energy Services, Inc., 7.75%, 10/15/22 7.75 10/15/2022 280,000 317,481
SBP HOLDINGS, Ltd., Term Loan (First Lien), 3/24/21 5.0 03/24/2021 450,000 452,156
Wells Fargo & Co., 7.5%, 12/31/49 (Perpetual) 7.5   1,050 1,274,700
Summit Midstream Holdings LLC, 7.5%, 7/1/21 7.5 07/01/2021 1,030,000 1,161,325
TOPRE_13-LTR, 3.47%, 11/20/28 (144A) 3.47 11/20/2028 1,750,000 1,170,498
New Albertsons Inc 1st Lien Tl L + 3.75% 24jun21 4.75 06/24/2021 400,000 401,840
Aviation Capital Group Corp., 6.75%, 4/6/21 (144A) 6.75 04/06/2021 200,000 228,173
Citigroup Capital XIII, Floating Rate Note, 10/30/40 7.875 10/30/2040 54,200 1,501,340
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 8.75 09/24/2073 1,190,000 1,429,281
Jack Cooper Holdings Corp., 9.25%, 6/1/20 (144A) 9.25 06/01/2020 1,000,000 1,107,708
Wilton Re Finance LLC, Floating Rate Note, 3/30/33 (144A) 5.875 03/30/2033 165,000 174,463
USI, Inc. New York, Initial Term Loan 2013, 12/30/19 4.25 12/30/2019 197,011 197,545
Rialto Capital Management LLC, 2.85%, 5/15/24 2.85 05/15/2024 1,000,000 880,964
Gentiva Health Services, Inc., 11.5%, 9/1/18 11.5 09/01/2018 60,000 66,350
Endo Finance LLC, 5.75%, 1/15/22 (144A) 5.75 01/15/2022 375,000 394,000
CHS, 7.125%, 7/15/20 7.125 07/15/2020 165,000 184,033
Livingston International, Inc., Initial Term B-1 Loan (First Lien), 4/18/19 5.0 04/18/2019 717,750 720,442
AXIS Equipment Finance Receivables II LLC, 6.41%, 10/22/18 6.41 10/22/2018 250,000 254,434
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 6.0 07/25/2034 500,000 103,845
Dana Holding Corp., 6.0%, 9/15/23 6.0 09/15/2023 830,000 894,463
Capella Healthcare, Inc., 9.25%, 7/1/17 9.25 07/01/2017 200,000 219,250
INEOS Group Holdings SA, 5.875%, 2/15/19 5.875 02/15/2019 600,000 628,023
Viking Cruises, Ltd., 8.5%, 10/15/22 (144A) 8.5 10/15/2022 210,000 235,818
Kindred Healthcare, Inc., 6.375%, 4/15/22 (144A) 6.375 04/15/2022 400,000 407,808
Gates Investments LLC, Term B-2 Loan, 9/29/16 3.75 09/29/2016 452,752 453,770
Beverage Packaging Holdings Luxembourg II SA, 5.625%, 12/15/16 (144A) 5.625 12/15/2016 200,000 205,500
Post Holdings, Inc., 2.5%, 12/31/49 (Perpetual) (144A) 2.5 12/31/2049 11,800 1,202,863
Flextronics International, Ltd., 4.625%, 2/15/20 4.625 02/15/2020 85,000 88,823
Post Holdings, Inc., 7.375%, 2/15/22 7.375 02/15/2022 200,000 221,822
CCO Holdings LLC, 5.75%, 9/1/23 5.75 09/01/2023 475,000 501,323
Voya Financial, Inc., Floating Rate Note, 5/15/53 5.65 05/15/2053 615,000 630,202
Copano Energy LLC, 7.125%, 4/1/21 7.125 04/01/2021 373,000 429,344
Tata Chemicals North America, Inc., Term Loan, 8/7/20 3.75 08/08/2020 247,500 247,500
Navios South American Logistics, Inc., 7.25%, 5/1/22 (144A) 7.25 05/01/2022 600,000 632,338
Nationstar Mortgage LLC, 6.5%, 6/1/22 6.5 06/01/2022 1,220,000 1,226,608
Transportadora de Gas del Peru SA, 4.25%, 4/30/28 (144A) 4.25 04/30/2028 300,000 284,910
Comstock Resources, Inc., 7.75%, 4/1/19 7.75 04/01/2019 1,200,000 1,301,250
Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A) 4.5 04/30/2018 350,000 343,770
Foundation Re III, Ltd., Floating Rate Note, 2/25/15 (Cat Bond) (144A) 5.0203 02/25/2015 350,000 353,648
ONEOK, Inc., 6.875%, 9/30/28 6.875 09/30/2028 1,450,000 1,667,402
Frontier Communications Corp., 9.0%, 8/15/31 9.0 08/15/2031 200,000 222,300
Az Chem Us Inc 1st Lien Tl-B L + 3.5% 09jun21 4.5 06/09/2021 657,960 664,814
United Continental Holdings, Inc., 6.0%, 7/15/26 6.0 07/15/2026 475,000 476,267
Schaeffler Finance BV, 4.75%, 5/15/21 (144A) 4.75 05/15/2021 1,000,000 1,036,069
Agrokor dd, 8.875%, 2/1/20 (144A) 8.875 02/01/2020 75,000 86,961
Fannie Mae, 0.5%, 12/15/33 (144A) 0.5 12/15/2033 1,265,000 1,236,819
Sn 6.125% 15jan23 144a 6.125 01/15/2023 1,680,000 1,735,743
Prestige Brands, Inc., Term B-1 Loan, 1/31/19 3.75 01/31/2019 312,878 314,247
Windstream Corp., 8.125%, 9/1/18 8.125 09/01/2018 850,000 915,521
Lorillard Tobacco Co., 3.75%, 5/20/23 3.75 05/20/2023 175,000 173,580
Prgso 6% 08jul19 14-A-B 6.0 07/08/2019 500,000 500,083
NeuStar, Inc., 4.5%, 1/15/23 4.5 01/15/2023 675,000 597,881
Salix Pharmaceuticals, Ltd., 6.0%, 1/15/21 (144A) 6.0 01/15/2021 1,855,000 2,046,374
Ibis Re II, Ltd., Floating Rate Note, 6/28/16 (Cat Bond) (144A) 4.0203 06/28/2016 750,000 758,458
Global Brass & Copper, Inc., 9.5%, 6/1/19 9.5 06/01/2019 500,000 573,958
Dole Food Co, Inc., 7.25%, 5/1/19 (144A) 7.25 05/01/2019 400,000 409,833
US Airways 2013-1 Class A Pass Through Trust, 3.95%, 5/15/27 3.95 11/15/2025 400,000 408,019
Gannett Co, Inc., 6.375%, 10/15/23 (144A) 6.375 10/15/2023 1,620,000 1,751,153
Trust F, 5.25%, 12/15/24 (144A) 5.25 12/15/2024 400,000 420,933
New Hampshire Health and Education Facilities Authority Act, 6.5%, 1/1/41 6.5 01/01/2041 150,000 173,061
Residential Reinsurance 2013, Ltd., Floating Rate Note, 12/6/17 (Cat Bond) (144A) 20.0456 12/06/2017 250,000 255,872
United Auto Credit Securitization Trust 2013-1, 4.4%, 4/15/19 (144A) 4.4 04/15/2019 150,000 151,725
Commonwealth of the Bahamas, 5.75%, 1/16/24 (144A) 5.75 01/16/2024 1,700,000 1,855,302
Wells Fargo & Co., Floating Rate Note, 12/29/49 5.9 12/29/2049 3,250,000 3,484,190
Wachovia Bank Commercial Mortgage Trust Series 2007-C34, Floating Rate Note, 5/15/46 6.1632 05/15/2046 1,813,000 1,915,968
Amkor Technology, Inc., 6.375%, 10/1/22 6.375 10/01/2022 285,000 308,067
Fly Leasing, Ltd., 6.75%, 12/15/20 6.75 12/15/2020 590,000 630,120
Epiq Systems, Inc., Term Loan, 8/27/20 4.25 08/26/2020 595,500 596,989
Global Mortgage Securitization, Ltd., 5.25%, 4/25/32 (144A) 5.25 04/25/2032 509,814 130,922
Packaging Dynamics Corp., 8.75%, 2/1/16 (144A) 8.75 02/01/2016 340,000 361,576
Microsemi Corp., Term Loan (2014), 3/14/21 3.25 03/14/2021 175,289 174,687
Verint Systems, Inc., Tranche B Incremental Term Loan, 9/6/19 3.5 09/06/2019 368,872 369,333
Igloo Holdings Corp., 8.25%, 12/15/17 (144A) (PIK) 8.25 12/15/2017 200,000 204,733
LKQ Corp., 4.75%, 5/15/23 4.75 05/15/2023 250,000 248,017
Entegris, Inc., 6.0%, 4/1/22 (144A) 6.0 04/01/2022 800,000 836,000
Monitronics International, Inc., Term B Loan (2013), 3/23/18 4.25 03/23/2018 558,519 560,439
Continental Airlines 1997-4 Class B Pass Through Trust, 6.9%, 1/2/17 6.9 01/02/2017 250,000 13,136
TransDigm, Inc., Tranche C Term Loan, 2/28/20 3.75 02/28/2020 296,985 296,224
MDC Partners, Inc., 6.75%, 4/1/20 (144A) 6.75 04/01/2020 445,000 476,984
Seadrill Operating LP, Initial Term Loan, 2/14/21 4.0 02/14/2021 845,750 841,286
Harland Clarke Holdings Corp., Tranche B-4 Term Loan, 8/17/19 6.0 08/17/2019 325,875 331,985
OAS Investments GmbH, 8.25%, 10/19/19 (144A) 8.25 10/19/2019 800,000 841,200
Mirabela Nickel, Ltd., 8.75%, 4/15/18 (144A) 8.75 04/15/2018 400,000 116,889
Jarden Corp., 1.125%, 3/15/34 (144A) 1.125 03/15/2034 1,290,000 1,321,605
Oversea-Chinese Banking Corp, Ltd., Floating Rate Note, 10/15/24 (144A) 4.0 10/15/2024 425,000 436,005
Allied Security Holdings LLC, Delayed Draw Term Loan (First Lien), 2/12/21 1.625 02/12/2021 480,000 479,025
Axll 4.875% 15may23 4.875 05/15/2023 500,000 500,615
Northshore Re, Ltd., Floating Rate Note, 7/5/16 (Cat Bond) (144A) 7.2804 07/05/2016 500,000 521,713
Constellation Brands, Inc., 4.25%, 5/1/23 4.25 05/01/2023 485,000 490,254
Renfro Corp., Tranche B Term Loan, 1/30/19 5.75 01/23/2019 396,866 398,602
JP Morgan Chase Commercial Mortgage Securities Trust 2005-LDP4, Floating Rate Note, 10/15/42 5.04 10/15/2042 1,300,000 1,339,767
Compass Re, Ltd., Floating Rate Note, 1/8/15 (Cat Bond) (144A) 10.2601 01/08/2015 250,000 259,627
FAGE Dairy Industry SA, 9.875%, 2/1/20 (144A) 9.875 02/01/2020 300,000 333,344
CCO Holdings LLC, 6.5%, 4/30/21 6.5 04/30/2021 100,000 107,601
NCI Building Systems, Inc., Tranche B Term Loan, 6/24/19 4.25 06/04/2019 494,983 495,757
NBTY, Inc., Term B-2 Loan, 10/1/17 3.5 10/01/2017 750,000 752,227
The Goldman Sachs Group, Inc., 6.45%, 5/1/36 6.45 05/01/2036 300,000 353,543
AES Corp. Virginia, 4.875%, 5/15/23 4.875 05/15/2023 995,000 991,248
Hexion US Finance Corp., 8.875%, 2/1/18 8.875 02/01/2018 1,700,000 1,830,865
The Bank of New York Mellon Corp., Floating Rate Note, 12/31/49 (Perpetual) 4.5 12/29/2049 1,250,000 1,164,219
Sanders Re, Ltd., Floating Rate Note, 5/5/17 (Cat Bond) (144A) 4.0304 05/05/2017 1,250,000 1,250,889
LBC Tank Terminals Holding Netherlands BV, 6.875%, 5/15/23 (144A) 6.875 05/15/2023 220,000 234,033
SandRidge Energy, Inc., 7.5%, 2/15/23 7.5 02/15/2023 700,000 779,333
Provincia de Buenos Aires Argentina, 10.875%, 1/26/21 (144A) 10.875 01/26/2021 100,000 100,182
Samson Investment Co., Tranche 1 Term Loan (Second Lien), 9/25/18 5.0 09/25/2018 1,000,000 1,002,054
Kronos, Inc., Incremental Term Loan (First Lien), 10/30/19 4.5 10/02/2019 246,821 249,135
US Finco LLC, Term B Loan, 5/30/20 4.0 05/29/2020 495,000 494,846
Carriage Services, Inc., 2.75%, 3/15/21 (144A) 2.75 03/15/2021 425,000 445,311
US Airways, Inc., Tranche B-2 Term Loan (Consenting), 11/23/16 3.0 11/23/2016 525,937 527,384
Commercial Vehicle Group, Inc., 7.875%, 4/15/19 7.875 04/15/2019 400,000 422,650
Wastequip LLC, Term Loan, 8/9/19 5.5 08/08/2019 495,000 496,856
RESI Finance LP, Floating Rate Note, 9/10/35 (144A) 1.5535 09/10/2035 1,983,893 396,079
Tronox Finance LLC, 6.375%, 8/15/20 6.375 08/15/2020 1,270,000 1,341,861
RCMC LLC, 5.62346%, 11/15/44 (144A) 5.6235 11/15/2044 250,000 217,944
Lm 3.95% 15jul24 3.95 07/15/2024 1,250,000 1,262,425
GRIFOLS WORLDWIDE OPERATIONS USA INC, U.S. Tranche B Term Loam, 4/1/21 3.2346 04/01/2021 99,750 99,756
Aircastle, Ltd., 6.25%, 12/1/19 6.25 12/01/2019 200,000 220,042
Generic Drug Holdings, Inc., Closing Date Term Loan, 8/16/20 5.0 10/04/2019 892,584 898,163
Xerium Technologies, Inc., 8.875%, 6/15/18 8.875 06/15/2018 798,000 851,023
Akorn, Inc., Loan, 11/13/20 4.5 11/13/2020 693,587 697,633
Hawaiian Airlines 2013-1 Class A Pass Through Certificates, 3.9%, 1/15/26 3.9 01/15/2026 105,000 106,363
Reynolds Group Issuer, Inc., 9.875%, 8/15/19 9.875 08/15/2019 330,000 377,786
Electricite de France SA, Floating Rate Note, 12/31/49 (Perpetual) (144A) 5.25 01/29/2049 1,500,000 1,563,445
COBALT CMBS Commercial Mortgage Trust 2007-C2, Floating Rate Note, 4/15/47 (144A) 5.568 04/15/2047 1,200,000 1,242,497
Flagship Credit Auto Trust 2013-1, 5.38%, 7/15/20 5.38 07/15/2020 700,000 723,192
Stackpole International Intermediate, 7.75%, 10/15/21 (144A) 7.75 10/15/2021 1,050,000 1,114,429
WCP ISSUER LLC, 6.657%, 8/15/20 (144A) 6.657 08/15/2020 400,000 430,676
Ukraine Government International Bond, 7.5%, 4/17/23 (144A) 7.5 04/17/2023 200,000 191,083
Generac Power Systems, Inc., Term Loan B, 5/31/20 3.25 05/22/2019 707,400 703,948
Fieldwood Energy LLC, Closing Date Loan (Second Lien), 9/30/20 8.375 09/30/2020 1,518,000 1,569,770
IAP Worldwide Services, Inc., Term Loan (First Lien), 12/31/15 10.0 12/31/2015 110,049 31,914
CNO Financial Group, Inc., Tranche B-2 Term Loan, 9/28/18 3.75 09/04/2018 92,470 92,643
Citigroup, Inc., Floating Rate Note, 12/31/49 (Perpetual) 5.95 12/29/2049 500,000 517,478
Legacy Reserves LP, 6.625%, 12/1/21 (144A) 6.625 12/01/2021 1,300,000 1,326,677
Progressive Waste Solutions, Ltd., Term B Loan, 10/24/19 3.0 10/31/2019 445,477 446,498
Minerva Luxembourg SA, 7.75%, 1/31/23 (144A) 7.75 01/31/2023 400,000 441,003
Standard Pacific Corp., 6.25%, 12/15/21 6.25 12/15/2021 1,000,000 1,070,278
JB Poindexter & Co, Inc., 9.0%, 4/1/22 (144A) 9.0 04/01/2022 500,000 567,500
Micron Technology, Inc., 5.875%, 2/15/22 (144A) 5.875 02/15/2022 750,000 821,633
Banc of America Commercial Mortgage Trust 2007-3, Floating Rate Note, 6/10/49 5.7746 06/10/2049 1,750,000 1,835,512
Air Canada 2013-1 Class C Pass Through Trust, 6.625%, 5/15/18 (144A) 6.625 05/15/2018 500,000 521,833
Salix Pharmaceuticals, Ltd., 1.5%, 3/15/19 1.5 03/15/2019 500,000 983,771
American Energy - Utica LLC, 3.5%, 3/1/21 (144A) (PIK) 3.5 03/01/2021 990,000 1,076,185
STORE Master Funding LLC, 4.16%, 3/20/43 (144A) 4.16 03/20/2043 200,000 199,930
Steel Dynamics, Inc., 5.25%, 4/15/23 5.25 04/15/2023 1,000,000 1,046,083
Pacific Drilling SA, 5.375%, 6/1/20 (144A) 5.375 06/01/2020 450,000 443,016
Amsurg Corp Bridge L + 6% 29may15 1.75 05/29/2015 1,395,000 1,401,975
Vishay Intertechnology, Inc., 2.25%, 5/15/41 (144A) 2.25 05/15/2041 1,480,000 1,435,230
FREMF Mortgage Trust 2012-K708, 3.759%, 2/25/45 (144A) 3.8906 02/25/2045 200,000 206,313
Altair Re, Floating Rate Note, 4/30/16 (Cat Bond) 0.0 04/30/2016 168,360 211,241
Univision Communications, Inc., Replacement First-Lien Term Loan, 3/1/20 4.0 03/01/2020 518,322 518,565
The Goldman Sachs Group, Inc., 6.75%, 10/1/37 6.75 10/01/2037 225,000 274,480
Urbi Desarrollos Urbanos SAB de CV, 0.0%, 1/21/20 (144A) 0.0 01/21/2020 200,000 49,444
Springleaf Mortgage Loan Trust, Floating Rate Note, 6/25/58 (144A) 5.58 06/25/2058 250,000 251,139
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 6/25/33 5.4387 06/25/2033 1,749,811 408,583
Ironshore Holdings US, Inc., 8.5%, 5/15/20 (144A) 8.5 05/15/2020 700,000 839,588
Monitronics International, Inc., 9.125%, 4/1/20 9.125 04/01/2020 785,000 855,895
MASTR Adjustable Rate Mortgages Trust 2003-6, Floating Rate Note, 12/25/33 2.3967 12/25/2033 30,000,000 585,004
Springleaf Mortgage Loan Trust 2012-3, Floating Rate Note, 12/25/59 (144A) 5.3 12/25/2059 200,000 207,767
Spirit Master Funding LLC, 5.74%, 3/20/42 (144A) 5.74 03/20/2042 446,680 495,803
Ares Capital Corp., 4.375%, 1/15/19 (144A) 4.375 01/15/2019 1,170,000 1,257,953
Cleaver-Brooks, Inc., 8.75%, 12/15/19 (144A) 8.75 12/15/2019 275,000 308,726
Penn Virginia Corp., 7.25%, 4/15/19 7.25 04/15/2019 600,000 645,183
SRAM LLC, Term Loan (First Lien), 4/10/20 4.0064 05/12/2018 494,844 490,669
Citicorp Residential Mortgage Trust Series 2006-2, 5.918%, 9/25/36 (Step) 5.918 09/25/2036 189,000 171,742
Bear Stearns ALT-A Trust 2003-3, Floating Rate Note, 10/25/33 2.0598 10/25/2033 19,000,000 124,326
Mid-State Capital Trust 2010-1, 7.0%, 12/15/45 (144A) 7.0 12/15/2045 25,000 20,336
Navistar International Corp., 8.25%, 11/1/21 8.25 11/01/2021 1,075,000 1,136,813
Global Mortgage Securitization, Ltd., 5.25%, 4/25/32 5.25 04/25/2032 2,500,000 791,627
Sirius XM Radio, Inc., 4.625%, 5/15/23 (144A) 4.625 05/15/2023 370,000 356,462
Wells Fargo Commercial Mortgage Trust, 4.0%, 11/15/43 (144A) 4.0 11/15/2043 100,000 87,385
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 8/15/38 5.1 08/15/2038 1,150,000 1,172,508
Outerwall, Inc., 6.0%, 3/15/19 6.0 03/15/2019 435,000 458,998
Lhipo Flt% 23dec36 07-1ga-A 4.5 12/23/2036 1,800,000 917,842
Aspen Insurance Holdings, Ltd., Floating Rate Note, 12/31/49 (Perpetual) 5.95   25,000 622,500
Mystic Re, Ltd., Floating Rate Note, 3/12/15 (Cat Bond) (144A) 9.0304 03/12/2015 250,000 260,688
WireCo WorldGroup, Inc., Term Loan, 2/15/17 6.0 04/13/2017 48,660 49,116
Theravance, Inc., 2.125%, 1/15/23 2.125 01/15/2023 500,000 725,837
Penn Virginia Resource Partners LP, 6.5%, 5/15/21 6.5 05/15/2021 425,000 466,780
Avago Technologies Ltd 1st Lien Tl-B L + 3% 16apr21 3.75 04/16/2021 300,000 301,392
Comm Flt% 11jun27 14-Kyo-F   06/11/2027 1,400,000 1,400,000
Schaeffler Holding Finance BV, 6.875%, 8/15/18 (144A) (PIK) 6.875 08/15/2018 520,000 561,456
Ruby Western Pipeline Holdings LLC, Loan, 3/27/20 3.5 03/27/2020 267,112 267,446
Select Medical Corp., Series E Tranche B Term Loan, 6/1/18 3.7502 06/01/2018 21,259 21,246
Brookfield Residential Properties, Inc., 6.5%, 12/15/20 (144A) 6.5 12/15/2020 500,000 530,194
Air Canada 2013-1 Class A Pass Through Trust, 4.125%, 11/15/26 (144A) 4.125 05/15/2025 500,000 496,750
Merrill Lynch Mortgage Investors Trust Series 2006-AF1, 5.75%, 8/25/36 5.75 08/25/2036 1,200,000 192,027
Federal Home Loan Mortgage Corp., 4.5%, 6/1/41 4.5 06/01/2041 2,749,325 1,078,933
Advanced Micro Devices, Inc., 7.5%, 8/15/22 7.5 08/15/2022 445,000 492,652
Berkeley-Kane Flt% 12jun15   06/12/2015 1,004,200 1,008,719
Surgical Care Affiliates LLC, Class C Incremental Term Loan, 6/29/18 4.0 06/29/2018 544,500 543,642
Sotheby's, 5.25%, 10/1/22 (144A) 5.25 10/01/2022 1,135,000 1,118,684
Longpoint Re, Ltd. III, Floating Rate Note, 5/18/16 (Cat Bond) (144A) 4.0253 05/18/2016 500,000 506,739
Empresas ICA SAB de CV, 8.375%, 7/24/17 (144A) 8.375 07/24/2017 150,000 164,104
Astoria Financial Corp., 5.0%, 6/19/17 5.0 06/19/2017 100,000 108,805
DigitalGlobe, Inc., Term Loan, 1/31/20 3.75 01/25/2020 695,942 698,440
Abengoa Finance SAU, 8.875%, 11/1/17 (144A) 8.875 11/01/2017 900,000 1,030,312
EV Energy Partners LP, 8.0%, 4/15/19 8.0 04/15/2019 1,150,000 1,226,922
Interactive Data 1st Lien Tl-B L + 3.75% 24apr21 4.75 04/24/2021 39,505 39,894
ExGen Renewables I LLC, Term Loan, 2/5/21 5.25 02/05/2021 1,140,409 1,166,068
Musa 6% 15aug23 6.0 08/15/2023 1,000,000 1,075,167
Delta Air Lines 2010-2 Class B Pass Through Trust, 6.75%, 11/23/15 (144A) 6.75 11/23/2015 900,000 969,413
Atrium Innovations, Inc., Initial Tranche B-1 Term Loan (First Lien), 1/29/21 4.25 01/29/2021 598,500 594,573
MCGRAW-HILL SCHOOL EDUCATION HOLDINGS LLC, Term B Loan, 12/18/19 6.25 12/18/2019 1,890,500 1,914,131
Houghton Mifflin Harcourt Publishing Co., Term Loan, 5/22/18 4.25 05/22/2018 147,000 147,919
VOLT XX LLC, 5.25%, 2/1/39 (Step) (144A) 5.25 02/01/2039 1,500,000 1,507,280
Successor X, Ltd., Floating Rate Note, 11/10/15 (Cat Bond) (144A) 11.2652 11/10/2015 250,000 264,081
Halcon Resources Corp., 8.875%, 5/15/21 8.875 05/15/2021 570,000 619,214
Interline Brands, Inc., Term Loan (First Lien), 3/12/21 4.0 03/12/2021 249,375 248,856
State of Washington, 5.0%, 6/1/41 5.0 06/01/2041 1,000,000 1,102,057
Sourcehov LLC, Term B Loan (First Lien), 4/30/18 5.25 04/30/2018 495,000 499,125
Drillships Financing Holding, Inc., Tranche B-1 Term Loan, 3/31/21 6.0 03/02/2021 992,500 1,007,388
Silverton RE, Ltd., 0.0%, 9/16/16 (Cat Bond) (144A) 0.0 09/16/2016 400,000 460,240
Merna Reinsurance V, Ltd., Floating Rate Note, 4/7/17 (Cat Bond) (144A) 2.0355 04/07/2017 500,000 500,950
Citicorp Residential Mortgage Trust Series 2006-2, 5.948%, 9/25/36 (Step) 5.948 09/25/2036 1,900,000 968,296
Henniges Automotive Holdings Inc 1st Lien Tl-B L + 5% 11jun21 6.0 06/11/2021 1,725,000 1,746,563
VTB Bank OJSC Via VTB Capital SA, 6.95%, 10/17/22 (144A) 6.95 10/17/2022 300,000 310,286
National JSC Naftogaz of Ukraine, 9.5%, 9/30/14 9.5 09/30/2014 400,000 401,606
Citigroup Mortgage Loan Trust, Inc., 6.75%, 8/25/34 6.75 08/25/2034 300,000 63,940
Cardtronics, Inc., 1.0%, 12/1/20 (144A) 1.0 12/01/2020 1,000,000 914,583
WCA Waste Corp., Term Loan, 3/23/18 4.0 03/23/2018 696,017 696,996
Queen Street V Re, Ltd., Floating Rate Note, 4/9/15 (Cat Bond) (144A) 8.5175 04/09/2015 1,000,000 1,019,997
Jpmcc Flt% 15jun29 14-Inn-E 3.752 06/15/2029 1,530,000 1,530,636
Valeant Pharmaceuticals International, Inc., Series E1 Tranche B Term Loan, 8/5/20 3.75 05/20/2020 839,298 839,613
American Energy Partners Inc L + 7.75% 17jun15   06/17/2015 3,170,000 3,170,000
Cincinnati Bell, Inc., 8.375%, 10/15/20 8.375 10/15/2020 1,105,000 1,230,893
Intelsat Luxembourg SA, 7.75%, 6/1/21 7.75 06/01/2021 350,000 372,823
First Quantum Minerals, Ltd., 7.25%, 5/15/22 (144A) 7.25 05/15/2022 690,000 725,995
The Hillman Companies, Inc., Term Loan, 5/28/17 3.75 05/31/2016 220,995 221,409
Avis Budget Car Rental LLC, 5.5%, 4/1/23 5.5 04/01/2023 220,000 227,975
Springleaf Funding Trust 2013-A, 5.0%, 9/15/21 (144A) 5.0 09/15/2021 500,000 504,989
MetLife, Inc., 6.4%, 12/15/66 6.4 12/15/2036 300,000 336,103
Cirsa Funding Luxembourg SA, 8.75%, 5/15/18 (144A) 8.75 05/15/2018 750,000 1,077,139
The Williams Companies, Inc., 7.75%, 6/15/31 7.75 06/15/2031 100,000 120,842
Cepheid, 1.25%, 2/1/21 (144A) 1.25 02/01/2021 545,000 567,424
CSMC Trust 2014-SURF, Floating Rate Note, 2/15/29 3.26 02/15/2029 2,000,000 2,005,074
Chiquita Brands International, Inc., 7.875%, 2/1/21 7.875 02/01/2021 928,000 1,040,810
Arysta Lifescience SPC LLC, Initial Term Loan (First Lien), 5/29/20 4.5 05/22/2020 1,269,338 1,278,050
Fannie Mae, 4.0%, 9/1/43 4.0 09/01/2043 528,373 536,878
General Cable Corp., 4.5%, 11/15/29 (Step) 4.5 11/15/2029 1,342,000 1,336,297
Signode Industrial Group Us Inc 1st Lien Tl-B L + 3% 21mar21 4.0 03/21/2021 1,069,000 1,066,773
Oascbz 8% 02jul21 144a 8.0 07/02/2021 860,000 868,600
Gates Global Llc 1st Lien Tl-B L + 3.25% 12jun21 4.25 06/12/2021 625,000 623,779
Neiman Marcus Group, Ltd. LLC, Other Term Loan, 10/25/20 4.25 10/25/2020 363,177 362,950
AgStar Financial Services ACA, Floating Rate Note, 12/31/49 (Perpetual) (144A) 6.75   1,500 1,535,531
CWGS Group LLC, Term Loan, 2/20/20 5.75 02/20/2020 1,431,875 1,446,194
JBS Investments GmbH, 7.25%, 4/3/24 (144A) 7.25 04/03/2024 2,600,000 2,737,078
JP Morgan Chase Commercial Mortgage Securities Trust 2007-LDP12, Floating Rate Note, 2/15/51 6.2178 02/15/2051 1,725,000 1,799,943
Hearthside Group Holdings Llc 1st Lien Tl L + 3.5% 24apr21 4.5 04/24/2021 250,000 252,083
Arc Automotive Group, Inc., Term Loan, 11/15/18 6.0 11/01/2018 527,141 529,776
Magnesita Finance, Ltd., 8.625%, 12/31/49 (Perpetual) (144A) 8.625 04/29/2049 450,000 454,772
Syniverse Holdings, Inc., Initial Term Loan, 4/23/19 4.0 04/10/2019 239,957 240,257
IMS Health, Inc., 6.0%, 11/1/20 (144A) 6.0 11/01/2020 170,000 180,200
VimpelCom Holdings BV, 7.5043%, 3/1/22 (144A) 7.5043 03/01/2022 200,000 220,753
GS Mortgage Securities Corp II Series 2004-GG2, Floating Rate Note, 8/10/38 5.8375 08/10/2038 200,000 200,813
Queen Street VII Re, Ltd., Floating Rate Note, 4/8/16 (Cat Bond) (144A) 8.6152 04/08/2016 1,000,000 1,039,028
Nordea Bank AB, 4.25%, 9/21/22 (144A) 4.25 09/21/2022 250,000 261,959
Multi Packaging Solutions, Inc., Initial Dollar Tranche B Term, 9/30/20 4.25 09/30/2020 249,375 249,998
Forest City Enterprises, Inc., 3.625%, 8/15/20 (144A) 3.625 08/15/2020 1,265,000 1,351,898
Elior Finance & Co SCA, 6.5%, 5/1/20 (144A) 6.5 05/01/2020 900,000 947,311
Resolute Forest Products, Inc., 5.875%, 5/15/23 5.875 05/15/2023 1,610,000 1,597,936
ATKORE INTERNATIONAL INC, Term Loan (First Lien), 3/27/21 4.5 03/27/2021 900,000 901,500
Avis Budget Finance Plc, 6.0%, 3/1/21 (144A) 6.0 03/01/2021 150,000 222,814
Lamar Media Corp., 5.375%, 1/15/24 5.375 01/15/2024 600,000 636,319
T-Mobile USA, Inc., 6.542%, 4/28/20 6.542 04/28/2020 490,000 542,824
Residential Reinsurance 2012, Ltd., Floating Rate Note, 6/6/16 (Cat Bond) (144A) 10.0304 06/06/2016 500,000 552,072
MSO of Puerto Rico, Inc., MSO Term Loan, 12/12/17 9.75 12/12/2017 25,385 25,607
COMM 2013-FL3 Mortgage Trust, Floating Rate Note, 10/13/28 4.5 10/13/2028 1,400,000 1,405,009
Lehman Brothers Small Balance Commercial Mortgage Trust 2006-3, Floating Rate Note, 12/25/36 (144A) 0.352 12/25/2036 1,895,356 420,350
Sanchez Energy Corp., 7.75%, 6/15/21 (144A) 7.75 06/15/2021 380,000 413,609
TAL Advantage V LLC, 4.1%, 2/22/39 4.1 02/22/2039 600,000 588,285
Seminole Hard Rock Entertainment, Inc., New Term Loan B, 5/14/20 3.5 04/29/2020 297,000 296,567
Caelus Re 2013, Ltd., Floating Rate Note, 4/7/17 (Cat Bond) (144A) 6.8855 04/07/2017 1,500,000 1,581,188
Tonon Bioenergia SA, 9.25%, 1/24/20 (144A) 9.25 01/24/2020 750,000 737,130
Maine Turnpike Authority, 5.0%, 7/1/42 5.0 07/01/2042 1,000,000 1,123,050
GE Mortgage Services LLC, Floating Rate Note, 3/25/27 7.78 03/25/2027 5,850,000 271,235
Viasystems, Inc., 7.875%, 5/1/19 (144A) 7.875 05/01/2019 1,450,000 1,552,406
Wynn Las Vegas LLC, 4.25%, 5/30/23 (144A) 4.25 05/30/2023 205,000 199,088
CommScope Holding Co, Inc., 6.625%, 6/1/20 (144A) (PIK) 6.625 06/01/2020 650,000 697,464
Global Mortgage Securitization, Ltd., 5.25%, 11/25/32 (144A) 5.25 11/25/2032 800,000 200,415
Kane Flt% 01dec20 0.2274 12/01/2020 1,004,200 1,007,413
Banc of America Merrill Lynch Commercial Mortgage, Inc., Floating Rate Note, 9/10/47 (144A) 6.129 09/10/2047 160,000 146,132
Eqty14-Inmz Flt% 08may31 M 4.901 05/08/2031 300,000 300,531
Fidelity & Guaranty Life Holdings, Inc., 6.375%, 4/1/21 (144A) 6.375 04/01/2021 500,000 544,219
Polarpak, Inc., USD Term Loan (U.S. Borrower Portion), 6/7/20 4.5 06/07/2020 244,904 245,669
Bankrate, Inc., 6.125%, 8/15/18 (144A) 6.125 08/15/2018 1,150,000 1,247,047
Aegis Toxicology Corp 1st Lien Tl-B L + 4.5% 20feb21 5.5 02/20/2021 225,000 226,969
TIBCO Software, Inc., 2.25%, 5/1/32 2.25 05/01/2032 1,245,000 1,261,341
Rovi Solutions Corp., Tranche B-3 Term Loan, 3/29/19 3.5 03/29/2019 308,080 306,251
Charter Communications Operating LLC, Term F Loan, 12/31/20 3.0 01/01/2021 495,000 488,503
Countrywide Asset-Backed Certificates, Floating Rate Note, 10/25/35 4.456 10/25/2035 360,000 23,155
Blue Danube, Ltd., Floating Rate Note, 4/10/15 (Cat Bond) (144A) 11.0765 04/10/2015 650,000 691,406
New Residential Advance Receivables Trust Advance Receivables Backed 2014-VF1, 3.6491%, 3/15/45 3.6491 03/15/2045 1,000,000 1,002,057
Numericable Group SA, 6.0%, 5/15/22 (144A) 6.0 05/15/2022 500,000 524,417
Iron Mountain, Inc., 5.75%, 8/15/24 5.75 08/15/2024 415,000 436,465
A10 Securitization 2013-1 LLC, 6.41%, 11/15/25 (144A) 6.41 11/15/2025 139,000 138,830
Hunter Defense Technologies, Inc., Term Loan, 8/22/14 3.48 08/22/2014 147,723 141,814
AT&T, Inc., 3.9%, 3/11/24 3.9 03/11/2024 3,500,000 3,663,139
NANA Development Corp., 9.5%, 3/15/19 (144A) 9.5 03/15/2019 1,025,000 1,028,047
inVentiv Health, Inc., Term B-3 Loan, 5/15/18 7.75 06/24/2018 133,714 134,049
The Ryland Group, Inc., 0.25%, 6/1/19 0.25 06/01/2019 2,000,000 1,827,917
Vertafore, Inc., Term Loan (2013), 10/3/19 4.25 10/20/2019 94,831 95,117
NPC International, Inc., Term Loan, 12/28/18 4.0 12/28/2018 564,801 565,860
Kane-Pi4 Flt% 07jul16   07/07/2016 1,503,871 1,504,322
Swift Transportation Co Llc 1st Lien Tl-B L + 3% 09jun21 3.75 06/09/2021 169,982 170,566
Citigroup Commercial Mortgage Trust 2006-C4, Floating Rate Note, 3/15/49 5.9748 03/15/2049 300,000 315,692
Garda World Security Corp., Term B Delayed Draw Loan, 11/8/20 4.0 11/08/2020 52,674 52,658
Linn Energy LLC, 7.25%, 11/1/19 (144A) 6.25 11/01/2019 900,000 953,625
American Airlines, Inc., Class B Term Loan, 6/27/19 3.75 06/21/2019 346,500 347,923
Athlon Holdings LP, 7.375%, 4/15/21 (144A) 7.375 04/15/2021 470,000 519,618
CenturyLink, Inc., 6.45%, 6/15/21 6.45 06/15/2021 500,000 543,933
Motel 6 Trust, 4.2743%, 10/5/25 (144A) 4.2743 10/05/2025 1,327,000 1,317,903
Outr 5.875% 15jun21 144a 5.875 06/15/2021 1,410,000 1,425,637
HLSS Servicer Advance Receivables Trust, 4.4584%, 1/15/48 (144A) 4.4584 01/15/2048 400,000 407,593
Lam Research Corp., 1.25%, 5/15/18 1.25 05/15/2018 1,025,000 1,402,043
GMAC Capital Trust I, Floating Rate Note, 2/15/40 8.125 02/15/2040 27,750 757,575
Massachusetts Development Finance Agency, 5.25%, 4/1/37 5.25 04/01/2037 100,000 110,932
Burger King Corp., Tranche B Term Loan (2012), 9/28/19 3.75 09/28/2019 76,635 77,013
Diamond Foods, Inc., 8/12/18 4.25 08/12/2018 0 0
Ooredoo International Finance, Ltd., 3.875%, 1/31/28 (144A) 3.875 01/31/2028 200,000 190,495
Production Resource Group, Inc., 8.875%, 5/1/19 8.875 05/01/2019 100,000 84,479
JP Morgan Chase Commercial Mortgage Securities Trust 2006-LDP7, Floating Rate Note, 4/15/45 6.0567 04/15/2045 1,400,000 1,460,192
Gwinnett County School District, 5.0%, 2/1/36 5.0 02/01/2036 1,000,000 1,160,653
RegionalCare Hospital Partners, Inc., Term Loan (First Lien), 4/21/19 6.0 04/21/2019 346,629 347,496
NEXEO SOLUTIONS LLC, Term B-3 Loan, 9/9/17 5.0 09/09/2017 747,386 751,123
Drill Rigs Holdings, Inc., 6.5%, 10/1/17 (144A) 6.5 10/01/2017 845,000 877,744
Glenn Pool Oil & Gas Trust, Term Loan, 5/2/16 4.5 06/01/2016 38,239 38,526
SUAM Finance BV, 4.875%, 4/17/24 (144A) 4.875 04/17/2024 500,000 515,010
Hospitality Properties Trust, 5.0%, 8/15/22 5.0 08/15/2022 840,000 904,522
Calpine Corp., Term Loan, 10/9/19 4.0 09/27/2019 442,618 444,492
JPMorgan Chase & Co., Floating Rate Note, 8/29/49 6.75 08/29/2049 1,835,000 2,029,625
Golar LNG Partners LP, Floating Rate Note, 10/12/17 6.96 10/12/2017 2,000,000 348,225
Carlyle Holdings II Finance LLC, 5.625%, 3/30/43 (144A) 5.625 03/30/2043 750,000 840,286
FREMF Mortgage Trust 2013-K28, 3.494%, 6/25/46 (144A) 3.6142 06/25/2046 1,000,000 969,582
Citicorp Residential Mortgage Trust Series 2006-1, 5.836%, 7/25/36 (Step) 5.836 07/25/2036 100,000 40,892
Fncl 30yr Pool 4% Jul/11 Tba 4.0 02/25/2041 22,150,000 23,538,682
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 6.5 02/24/2021 525,000 632,981
Floatel 1st Lien Tl-B L + 5% 22may20   05/22/2020 1,125,000 1,135,553
Fieldwood Energy LLC, Closing Date Loan, 9/25/18 3.875 09/25/2018 248,748 249,855
Inkia Energy, Ltd., 8.375%, 4/4/21 (144A) 8.375 04/04/2021 100,000 112,774
Bank of America Corp., 7.25%, 12/31/49 (Perpetual) 7.25   1,340 1,563,780
Residential Reinsurance 2011, Ltd., Floating Rate Note, 6/6/15 (Cat Bond) (144A) 9.0304 06/06/2015 1,250,000 1,304,438
Legg Mason, Inc., 5.625%, 1/15/44 5.625 01/15/2044 500,000 555,907
Government National Mortgage Association, 1.049%, 3/16/53 1.0334 03/16/2053 350,000 25,163
Ciena Corp., 0.875%, 6/15/17 0.875 06/15/2017 1,000,000 991,639
JMC Steel Group, Inc., Term Loan, 4/1/17 4.75 02/15/2017 394,042 396,998
Volt14-Npl4 Flt% 27apr54 A2   04/27/2054 750,000 738,234
Offshore Group Investment, Ltd., 7.5%, 11/1/19 7.5 11/01/2019 600,000 642,000
Offshore Group Investment, Ltd., Second Term Loan, 3/28/19 5.75 03/28/2019 395,000 393,848
Unifrax I LLC, New Term B Dollar Loan, 11/28/18 4.25 12/31/2019 319,502 320,201
Nuance Communications, Inc., 2.75%, 11/1/31 2.75 11/01/2031 1,170,000 1,173,900
Sirius XM Radio, Inc., 5.25%, 8/15/22 (144A) 5.25 08/15/2022 200,000 219,467
Morgan Stanley Capital I, Inc., Floating Rate Note, 7/15/32 (144A) 7.2494 07/15/2032 105,000 21,273
Kane-Pi4 Zero% 18jul16 0.0 07/18/2016 1,505,000 1,560,083
Ocwen Loan Servicing LLC, Initial Term Loan, 2/15/18 5.0 01/15/2018 766,550 770,919
USI, Inc. New York, 7.75%, 1/15/21 (144A) 7.75 01/15/2021 500,000 531,618
Ziggo Bv 1st Lien Tl-B1 L + 2.75% 15jan22   01/15/2022 554,681 548,589
Republic of Ghana, 7.875%, 8/7/23 (144A) 7.875 08/07/2023 1,100,000 1,098,900
Structured Asset Mortgage Investments Trust 2003-AR1, Floating Rate Note, 10/19/33 1.655 10/19/2033 3,319,800 120,451
CommScope, Inc., Tranche 4 Term Loan, 1/14/18 3.25 01/14/2018 157,898 158,490
Allegion US Holding Co, Inc., 5.75%, 10/1/21 (144A) 5.75 10/01/2021 930,000 992,194
Appvion, Inc., Term Commitment, 6/28/19 5.7525 06/04/2019 992,500 1,001,495
County of York South Carolina, 5.7%, 1/1/24 5.7 01/01/2024 100,000 102,904
CNL Commercial Mortgage Loan Trust 2003-1, Floating Rate Note, 5/15/31 (144A) 0.6518 05/15/2031 5,908,000 571,682
Blackstone Holdings Finance Co LLC, 6.25%, 8/15/42 (144A) 6.25 08/15/2042 750,000 923,970
Rentech Nitrogen Partners LP, 6.5%, 4/15/21 (144A) 6.5 04/15/2021 190,000 194,507
DR Horton, Inc., 5.75%, 8/15/23 5.75 08/15/2023 905,000 992,534
Residential Reinsurance 2013, Ltd., Floating Rate Note, 6/6/17 (Cat Bond) (144A) 9.2804 06/06/2017 250,000 262,156
Guanay Finance, Ltd., 6.0%, 12/15/20 (144A) 6.0 12/15/2020 540,000 570,055
B&G Foods, Inc., 4.625%, 6/1/21 4.625 06/01/2021 400,000 402,542
AXIS Equipment Finance Receivables II LLC, 4.94%, 7/20/18 (144A) 4.94 07/20/2018 400,000 407,098
Mythen Re, Ltd., Floating Rate Note, 5/7/15 (Cat Bond) (144A) 8.2229 05/07/2015 250,000 262,207
Envision Healthcare Corp., Initial Term Loan, 5/25/18 4.0 04/05/2018 295,429 296,291
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 5.85 05/21/2043 1,550,000 1,482,575
Mbnau 9.5% 20may19 144a 9.5 05/20/2019 52,000 52,343
Ferrexpo Finance Plc, 7.875%, 4/7/16 (144A) 7.875 04/07/2016 500,000 489,188
StoneMor Partners LP, 7.875%, 6/1/21 (144A) 7.875 06/01/2021 375,000 396,211
CorpGroup Banking SA, 6.75%, 3/15/23 (144A) 6.75 03/15/2023 700,000 707,641
Cemex SAB de CV, 7.25%, 1/15/21 (144A) 7.25 01/15/2021 300,000 340,029
Central American Bottling Corp., 6.75%, 2/9/22 (144A) 6.75 02/09/2022 195,000 213,354
DTEK Finance Plc, 7.875%, 4/4/18 (144A) 7.875 04/04/2018 500,000 423,366
Star West Generation LLC, Term B Advance, 3/13/20 4.25 03/13/2020 241,667 242,573
Queen Street IV Capital, Ltd., Floating Rate Note, 4/9/15 (Cat Bond) (144A) 7.5175 04/09/2015 750,000 760,719
Vedanta Resources Plc, 8.25%, 6/7/21 (144A) 8.25 06/07/2021 900,000 1,012,950
US Bancorp, Floating Rate Note, 12/31/49 (Perpetual) 6.0   16,400 449,524
Michaels Stores Inc 1st Lien Tl-B2 L + 3% 28jan20 4.0 01/28/2020 500,000 500,729
Auxilium Pharmaceuticals, Inc., 1.5%, 7/15/18 1.5 07/15/2018 1,668,000 1,817,147
Constellation Enterprises LLC, 10.625%, 2/1/16 (144A) 10.625 02/01/2016 475,000 460,404
Shearers Foods Llc 1st Lien Tl L + 3.5% 19jun21   06/19/2021 475,000 476,634
Cemex SAB de CV, 5.875%, 3/25/19 (144A) 5.875 03/25/2019 550,000 583,367
Northern Oil and Gas, Inc., 8.0%, 6/1/20 8.0 06/01/2020 880,000 945,267
HSBC Bank USA NA New York NY, 6.0%, 8/9/17 6.0 08/09/2017 250,000 287,580
Ocwen Financial Corp., 6.625%, 5/15/19 (144A) 6.625 05/15/2019 1,450,000 1,510,200
Tenet Healthcare Corp., 4.375%, 10/1/21 4.375 10/01/2021 980,000 995,313
Bosphorus 1 Re, Ltd., Floating Rate Note, 5/3/16 (Cat Bond) (144A) 2.5304 05/03/2016 250,000 249,676
KGHM International, Ltd., 7.75%, 6/15/19 (144A) 7.75 06/15/2019 325,000 350,088
Residential Reinsurance 2011, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 8.7804 06/06/2015 600,000 630,166
BBVA Banco Continental SA, 5.0%, 8/26/22 (144A) 5.0 08/26/2022 250,000 269,340
Kane Flt% 12jun15   06/12/2015 1,100,000 973,390
Carrizo Oil & Gas, Inc., 7.5%, 9/15/20 7.5 09/15/2020 650,000 727,729
Arlington Flt% 01aug15   08/01/2015 600,000 604,860
Atlantic Power LP, Term Loan, 2/20/21 4.75 02/20/2021 1,124,961 1,139,023
Provident Funding Associates LP, 6.75%, 6/15/21 (144A) 6.75 06/15/2021 1,425,000 1,447,088
Memorial Production Partners LP, 7.625%, 5/1/21 7.625 05/01/2021 770,000 815,398
Leaf Receivables Funding 8 LLC, 5.5%, 9/15/20 (144A) 5.5 09/15/2020 358,317 363,239
Southern California Edison Co., Floating Rate Note, 12/31/49 (Perpetual) 6.25 08/01/2049 75,000 83,328
FCI - FIDJI LUXEMBOURG BC4 SARL, Term Loan, 12/19/20 6.25 12/19/2020 414,750 418,898
PPL Capital Funding, Inc., 5.9%, 4/30/73 5.9 04/30/2073 25,000 613,250
MasTec, Inc., 4.875%, 3/15/23 4.875 03/15/2023 150,000 149,903
Ozburn-Hessey Holding Co LLC, Term Loan, 5/23/19 6.7525 05/07/2019 173,250 174,225
Cubist Pharmaceuticals, Inc., 1.125%, 9/1/18 (144A) 1.125 09/01/2018 500,000 564,375
Extended Stay America Trust 2013-ESH MZ, 7.625%, 12/5/19 (144A) 7.625 12/05/2019 450,000 156,792
Fig 12% 01jul19 144a 12.0 07/01/2019 1,095,000 1,123,744
Landry's, Inc., B Term Loan, 4/24/18 4.0 03/22/2018 456,015 457,725
CHS, 8.0%, 11/15/19 8.0 11/15/2019 1,075,000 1,188,114
Oasis Petroleum, Inc., 6.875%, 3/15/22 (144A) 6.875 03/15/2022 500,000 555,122
JPMorgan Chase & Co., 1.0%, 9/20/17 500.0 09/20/2017 250,000 30,358
Virgin Media Secured Finance Plc, 5.375%, 4/15/21 (144A) 5.375 04/15/2021 500,000 530,674
JAZZ PHARMACEUTICALS INC, Tranche 2 Term Loan, 6/12/18 3.25 06/12/2018 338,905 339,488
BioScrip, Inc., Initial Term B Loan, 7/31/20 6.5 07/22/2020 487,281 490,327
Bright Horizons Family Solutions, Inc., Term B Loan, 1/30/20 3.7501 01/14/2020 492,500 492,962
Pioneer Energy Services Corp., 6.125%, 3/15/22 (144A) 6.125 03/15/2022 500,000 526,887
Fannie Mae, 4.5%, 8/1/40 4.5 08/01/2040 3,070,237 1,598,606
Navios Maritime Partners LP, Term Loan, 6/27/18 5.25 06/27/2018 398,000 403,224
Belden, Inc., 5.5%, 9/1/22 (144A) 5.5 09/01/2022 1,860,000 1,959,200
Hostess Brands, Inc., Term B Loan, 4/9/20 6.75 02/25/2020 678,300 705,432
Navitas Equipment Receivables LLC 2013-1, 5.82%, 6/15/19 5.82 06/15/2019 750,000 750,576
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 7.875 10/15/2019 500,000 563,065
ViaSat, Inc., 6.875%, 6/15/20 6.875 06/15/2020 100,000 108,056
ACCELLENT INC, Initial Term Loan (First Lien), 2/21/21 4.5 02/21/2021 922,688 921,726
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/15/28 (144A) 5.333 02/15/2028 500,000 514,573
WF-RBS Commercial Mortgage Trust 2011-C2, Floating Rate Note, 2/15/44 (144A) 5.647 02/15/2044 100,000 107,175
NRG Energy, Inc., 8.25%, 9/1/20 8.25 09/01/2020 200,000 224,000
Atlas IX Capital, Ltd., Floating Rate Note, 1/17/19 (Cat Bond) (144A) 3.4234 01/17/2019 250,000 259,490
IAMGOLD Corp., 6.75%, 10/1/20 (144A) 6.75 10/01/2020 380,000 357,913
Alaltd Flt% 07jun17 144a   06/07/2017 250,000 250,525
CHL Mortgage Pass-Through Trust 2002-32, Floating Rate Note, 1/25/33 5.7161 01/25/2033 400,000 66,246
Shelf Drilling Holdings, Ltd., 8.625%, 11/1/18 (144A) 8.625 11/01/2018 1,215,000 1,317,516
Oxford Finance LLC, 7.25%, 1/15/18 (144A) 7.25 01/15/2018 700,000 758,401
Petroleos Mexicanos, 3.5%, 7/18/18 3.5 07/18/2018 900,000 960,163
Caelus Re, Ltd., Floating Rate Note, 3/7/16 (Cat Bond) (144A) 5.2855 03/07/2016 500,000 511,285
Citrix Systems, Inc., 0.5%, 4/15/19 (144A) 0.5 04/15/2019 800,000 847,678
WR Grace & Co., U.S. Term Loan, 1/23/21 3.0 01/23/2021 482,582 482,220
AEP Industries, Inc., 8.25%, 4/15/19 8.25 04/15/2019 485,000 520,122
Terex Corp., New U.S. Term Loan (2013), 4/28/17 3.5 04/28/2017 111,057 111,751
AUDIO VISUAL SERVICES CORPORATION, Initial Term Loan (First Lien), 1/24/21 4.5 01/24/2021 114,713 115,161
Albertsons LLC, Term B-2 Loan, 3/21/19 4.75 03/21/2019 894,254 899,999
Sierra Timeshare 2011-3 Receivables Funding LLC, 9.31%, 7/20/28 (144A) 9.31 07/20/2028 750,000 263,818
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 5.7804 12/06/2016 600,000 622,898
Structured Asset Securities Corp Trust 2005-15, 6.0%, 8/25/35 6.0 08/25/2035 50,000 15,823
International Equipment Solutions LLC, Initial Loan, 8/16/19 6.75 07/25/2019 669,614 678,822
Conseco Financial Corp., 6.18%, 4/1/30 6.18 04/01/2030 2,201,000 246,684
Securus Technologies Holdings, Inc., Initial Term Loan (First Lien), 4/30/20 4.75 04/17/2020 496,748 498,611
inVentiv Health, Inc., Consolidated Term Loan, 8/4/16 7.5 08/04/2016 133,642 134,477
Southern States Cooperative, Inc., 10.0%, 8/15/21 (144A) 10.0 08/15/2021 800,000 842,222
Tempur Sealy International, Inc., New Term B Loan, 3/18/20 3.5 03/18/2020 124,274 124,028
j2 Global, Inc., 8.0%, 8/1/20 8.0 08/01/2020 705,000 786,663
Cummins, Inc., 5.65%, 3/1/98 5.65   350,000 402,907
Drugb Flt% 15jul23 14-1-A1 3.0821 07/15/2023 750,000 750,385
Lantheus Medical Imaging, Inc., 9.75%, 5/15/17 9.75 05/15/2017 600,000 630,725
Sri Lanka Government International Bond, 6.0%, 1/14/19 (144A) 6.0 01/14/2019 750,000 810,250
COMM 2012-CCRE4 Mortgage Trust, Floating Rate Note, 10/15/45 (144A) 4.729 10/15/2045 303,000 295,266
Pelican Products, Inc., Term Loan (First Lien), 4/8/20 5.25 04/08/2020 206,651 208,718
East Lane Re V, Ltd., Floating Rate Note, 3/16/16 (Cat Bond) (144A) 9.03 03/16/2016 250,000 266,475
Kenya 6.875% 24jun24 144a 6.875 06/24/2024 875,000 911,170
Progreso Receivables Funding I LLC, 4.0%, 7/9/18 (144A) 4.0 07/09/2018 1,250,000 1,257,882
ConvaTec Healthcare E SA, 10.5%, 12/15/18 (144A) 10.5 12/15/2018 100,000 108,717
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 5.485 07/12/2046 1,400,000 1,445,882
Successor X, Ltd., Floating Rate Note, 11/10/15 (Cat Bond) (144A) 16.275 11/10/2015 500,000 519,135
Dva 5.125% 15jul24 5.125 07/15/2024 1,360,000 1,371,985
Safway Group Holding LLC, 7.0%, 5/15/18 (144A) 7.0 05/15/2018 1,365,000 1,459,109
CenturyLink, Inc., 7.6%, 9/15/39 7.6 09/15/2039 150,000 153,919
Infor US, Inc., Tranche B-5 Term Loan, 6/3/20 3.75 06/03/2020 220,913 219,981
Halcon Resources Corp., 9.75%, 7/15/20 9.75 07/15/2020 1,050,000 1,193,019
General Electric Capital Corp., Floating Rate Note, 12/31/49 (Perpetual) 7.125 12/29/2049 1,000,000 1,183,367
KB Home, 1.375%, 2/1/19 1.375 02/01/2019 700,000 707,510
Fitness International Llc 1st Lien Tl-B L + 4.5% 25jun20   06/25/2020 414,363 413,458
Kinetic Concepts, Inc., Dollar Term E-1 Loan, 5/4/18 4.0 05/04/2018 394,156 395,182
Blackstone Holdings Finance Co LLC, 5.0%, 6/15/44 (144A) 5.0 06/15/2044 300,000 312,926
Murray Energy Corp., 8.625%, 6/15/21 (144A) 8.625 06/15/2021 650,000 706,117
Si Organization Inc 1st Lien Tl L + 4.75% 19nov19 5.75 11/19/2019 212,465 213,085
iStar Financial, Inc., 4.875%, 7/1/18 4.875 07/01/2018 170,000 174,569
Radio Systems Corp., 8.375%, 11/1/19 (144A) 8.375 11/01/2019 600,000 670,625
Petco Holdings, Inc., 8.5%, 10/15/17 (144A) (PIK) 8.5 10/15/2017 1,000,000 1,042,944
Blue Danube II, Ltd., Floating Rate Note, 5/23/16 (Cat Bond) (144A) 0.0234 05/23/2016 1,000,000 1,013,830
Brookfield Residential Properties, Inc., 6.125%, 7/1/22 (144A) 6.125 07/01/2022 280,000 299,775
Mill US Acquisition LLC, Term Loan (First Lien), 7/3/20 4.75 05/23/2020 868,936 875,019
Neenah Paper, Inc., 5.25%, 5/15/21 (144A) 5.25 05/15/2021 365,000 372,924
Ardagh Glass Finance Plc, 8.75%, 2/1/20 (144A) 8.75 02/01/2020 600,000 901,095
Intel 6.625% 15dec22 6.625 12/15/2022 850,000 889,690
IASIS Healthcare LLC, Term B-2 Loan, 5/3/18 4.5 05/03/2018 193,553 194,549
HHI Holdings LLC, Additional Term Loan, 10/5/18 5.0 10/05/2018 395,243 397,549
Intelsat Jackson Holdings SA, 7.25%, 4/1/19 7.25 04/01/2019 250,000 270,469
Meritor, Inc., 6.75%, 6/15/21 6.75 06/15/2021 400,000 431,440
JobsOhio Beverage System, 3.985%, 1/1/29 3.985 01/01/2029 500,000 514,018
WellPoint, Inc., 2.75%, 10/15/42 2.75 10/15/2042 300,000 461,304
International Automotive Components Group SA, 9.125%, 6/1/18 (144A) 9.125 06/01/2018 400,000 428,042
Exopack Holdings SA, USD Term Loan, 4/14/19 5.25 04/14/2019 29,850 30,363
General Motors Financial Co, Inc., 4.25%, 5/15/23 4.25 05/15/2023 125,000 125,523
Crown Castle 1st Lien Term-B2 L + 2.5% 31jan21 3.25 01/31/2021 655,444 656,058
Affiliated Managers Group, Inc., 4.25%, 2/15/24 4.25 02/15/2024 915,000 961,804
Talos Production LLC, 9.75%, 2/15/18 (144A) 9.75 02/15/2018 420,000 460,670
AXA SA, 8.6%, 12/15/30 8.6 12/15/2030 250,000 336,893
MedAssets, Inc., Term B Loan, 12/13/19 4.0 11/20/2019 333,573 333,851
Trilogy Energy Corp., 7.25%, 12/13/19 (144A) 7.25 12/13/2019 820,000 821,722
Transfield Services, Ltd., 8.375%, 5/15/20 (144A) 8.375 05/15/2020 805,000 836,127
Rexel SA, 5.25%, 6/15/20 (144A) 5.25 06/15/2020 600,000 625,400
Molycorp, Inc., 10.0%, 6/1/20 10.0 06/01/2020 50,000 46,417
New World Resources NV, 7.875%, 1/15/21 (144A) 7.875 01/15/2021 300,000 80,683
JPMorgan Chase & Co., 4.35%, 8/15/21 4.35 08/15/2021 200,000 219,854
Hilton USA Trust 2013-HLF, Floating Rate Note, 11/5/30 (144A) 2.901 11/05/2030 1,900,000 1,912,343
Foresight Energy LLC, Term Loan, 8/21/20 5.5 08/19/2020 528,333 531,718
WFRBS Commercial Mortgage Trust 2011-C4, Floating Rate Note, 6/15/44 (144A) 5.4153 06/15/2044 50,000 54,485
Fly Funding II Sarl, Loan, 8/8/18 4.5 08/09/2018 744,200 752,883
Regal Entertainment Group, 5.75%, 3/15/22 5.75 03/15/2022 675,000 712,172
Vantiv Llc 1st Lien Tl-B L + 3% 12jun21 3.75 06/12/2021 385,000 386,624
MMC Norilsk Nickel OJSC via MMC Finance, Ltd., 5.55%, 10/28/20 (144A) 5.55 10/28/2020 500,000 507,356
Bonanza Creek Energy, Inc., 6.75%, 4/15/21 6.75 04/15/2021 345,000 374,066
MGM Resorts International, 6.75%, 10/1/20 6.75 10/01/2020 250,000 283,281
M&T Bank Corp., Floating Rate Note, 12/31/49 (Perpetual) 6.45 12/31/2049 1,430,000 1,560,607
Unison Ground Lease Funding LLC, 5.78%, 3/15/20 (144A) 5.78 03/15/2020 300,000 309,268
Mirror BidCo Corp., New Incremental Term Loan, 12/18/19 4.25 12/18/2019 921,062 922,597
Lightstream Resources, Ltd., 8.625%, 2/1/20 (144A) 8.625 02/01/2020 1,265,000 1,373,711
Qwest Corp., 7.375%, 6/1/51 7.375 06/01/2051 4,400 116,292
Apex Tool Group LLC, Term Loan, 1/31/20 4.5 02/01/2020 642,246 636,092
Del Coronado Trust 2013-DEL MZ, Floating Rate Note, 3/15/18 (144A) 5.1518 03/15/2018 1,300,000 1,311,167
Frontier Communications Corp., 7.625%, 4/15/24 7.625 04/15/2024 250,000 273,087
Vedanta Resources Plc, 6.0%, 1/31/19 (144A) 6.0 01/31/2019 650,000 675,003
West Corp., Term B-10 Loan, 6/30/18 3.25 06/30/2018 416,842 415,134
Golar LNG, Ltd., 3.75%, 3/7/17 3.75 03/07/2017 1,400,000 1,890,512
Westgate Resorts 2012-2 LLC, 9.0%, 1/20/25 (144A) 9.0 01/20/2025 750,000 341,481
Bayview Commercial Asset Trust, Floating Rate Note, 4/25/34 (144A) 1.352 04/25/2034 4,900,000 496,822
Emulex Corp., 1.75%, 11/15/18 (144A) 1.75 11/15/2018 765,000 704,076
A10 Securitization 2013-1 LLC, 4.7%, 11/15/25 (144A) 4.7 11/15/2025 350,000 349,264
Macquarie Bank, Ltd., 6.625%, 4/7/21 (144A) 6.625 04/07/2021 500,000 581,709
Seven Seas Cruises S de RL LLC, 9.125%, 5/15/19 9.125 05/15/2019 200,000 220,582
NuVasive, Inc., 2.75%, 7/1/17 2.75 07/01/2017 1,300,000 1,504,750
NorthStar 2012-1 Mortgage Trust, Floating Rate Note, 8/25/29 (144A) 4.395 08/25/2029 300,000 304,619
JLL, 7.5%, 2/1/22 (144A) 7.5 02/01/2022 705,000 751,119
Cme: (Cdx.Na.Ig.22.V1) Usd 20jun19 Z91jeqk49 100.0 06/20/2019 0 -1,410,098
Ziggo Bv 1st Lien Tl-B2 L + 2.75% 15jan22 3.5 01/15/2022 357,447 353,521
The PNC Financial Services Group, Inc., Floating Rate Note, 12/31/49 (Perpetual) 6.75 07/29/2049 1,150,000 1,314,163
NSG Holdings LLC, New Term Loan, 12/11/19 3.75 11/15/2019 221,428 221,704
CityCenter Holdings LLC, Term B Loan, 10/16/20 5.0 10/09/2020 227,316 229,376
Altice Financing SA, 6.5%, 1/15/22 (144A) 6.5 01/15/2022 1,300,000 1,431,210
JMC Steel Group, Inc., 8.25%, 3/15/18 (144A) 8.25 03/15/2018 620,000 647,461
Syniverse Holdings, Inc., Tranche B Term Loan, 4/23/19 4.0 04/23/2019 484,761 485,442
Kindred Healthcare 1st Lien Tl-B L + 3% 10apr21 4.0 04/10/2021 492,513 494,052
Sedgwick, Inc., Initial Term Loan (First Lien), 2/11/21 3.75 02/11/2021 508,725 502,462
Bear Stearns Commercial Mortgage Securities Trust 2005-PWR7, Floating Rate Note, 2/11/41 5.214 02/11/2041 100,000 101,398
GE Capital Commercial Mortgage Corp., Floating Rate Note, 7/10/45 (144A) 5.1583 07/10/2045 350,000 357,237
Green Plains Inc 1st Lien Tl-B L + 5.5% 03jun20   06/03/2020 950,000 958,906
Bear Stearns Commercial Mortgage Securities Trust 2004-TOP16, Floating Rate Note, 2/13/46 (144A) 5.5949 02/13/2046 500,000 480,705
Private Colleges & Universities Authority, 5.0%, 10/1/43 5.0 10/01/2043 1,000,000 1,130,140
RASC Series 2003-KS5 Trust, 4.46%, 7/25/33 (Step) 4.46 07/25/2033 400,000 267,548
Del Monte Foods, Inc., Initial Loan (Second Lien), 5/26/21 8.25 05/26/2021 590,000 580,904
MDC Holdings, Inc., 5.5%, 1/15/24 5.5 01/15/2024 1,150,000 1,224,522
VeriSign, Inc., 4.625%, 5/1/23 4.625 05/01/2023 335,000 333,529
Embarcadero Reinsurance, Ltd., Floating Rate Note, 2/13/15 (Cat Bond) (144A) 7.4015 02/13/2015 250,000 256,133
CommScope, Inc., Tranche 3 Term Loan, 1/21/17 2.7274 01/21/2017 105,265 105,331
Sprind 6.25% 01jun21 6.25 06/01/2021 400,000 410,083
GE Business Loan Trust 2005-1, Floating Rate Note, 6/15/33 0.8518 06/15/2033 2,500,000 777,016
Pittsburgh Glass Works LLC, 8.0%, 11/15/18 (144A) 8.0 11/15/2018 535,000 587,281
Morgan Stanley, Floating Rate Note, 12/31/49 (Perpetual) 7.125   18,000 501,660
Molina Healthcare, Inc., 1.125%, 1/15/20 1.125 01/15/2020 1,100,000 1,380,706
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 4.125 05/30/2023 200,000 201,579
The Ryland Group, Inc., 5.375%, 10/1/22 5.375 10/01/2022 95,000 95,564
Credit Suisse First Boston Mortgage Securities Corp., 4.877%, 4/15/37 4.877 04/15/2037 1,500,000 1,526,957
Spwr 0.875% 01jun21 144a 0.875 06/01/2021 1,111,000 1,301,104
Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A) 4.75 04/30/2018 1,150,000 1,144,744
Brit Insurance Holdings BV, Floating Rate Note, 12/9/30 6.625 12/09/2030 850,000 1,537,307
Equinix, Inc., 7.0%, 7/15/21 7.0 07/15/2021 50,000 56,864
COMM 2012-CCRE2 Mortgage Trust, Floating Rate Note, 8/15/45 (144A) 5.0196 08/15/2045 100,000 99,560
Instituto Costarricense de Electricidad, 6.375%, 5/15/43 (144A) 6.375 05/15/2043 1,000,000 896,146
Booz Allen Hamilton, Inc., Refinance Tranche B, 7/31/19 4.5 07/31/2019 124,031 124,713
SNAAC Auto Receivables Trust 2013-1, 4.56%, 4/15/20 (144A) 4.56 04/15/2020 450,000 474,282
Garda World Security Corp., Term B Loan, 11/1/20 4.0 11/01/2020 205,908 205,844
Morgan Stanley, 4.875%, 11/1/22 4.875 11/01/2022 250,000 270,386
Credit Suisse First Boston Mortgage Securities Corp., 5.5%, 12/25/35 5.5 12/25/2035 5,000,000 1,425,612
New York Mortgage Securitization Trust 2012-1, Floating Rate Note, 12/27/47 (144A) 6.6518 12/27/2047 300,000 301,940
Evergreen Skills Lux Sarl, Initial Term Loan (First Lien), 4/23/21 4.5 04/23/2021 1,000,000 1,001,667
Allison Transmission, Inc., Term B-3 Loan, 8/23/19 3.75 08/23/2019 560,286 562,471
Grede Holdings Llc 1st Lien Tl-B L + 3.75% 21may21 6.0 05/21/2021 1,215,000 1,220,822
Fncl 30yr Pool 4.5% Jul/11 Tba 4.5 10/25/2040 8,250,000 8,947,901
Alkermes, Inc., 2019 Term Loan, 9/25/19 3.5 09/25/2019 693,222 694,088
Security National Mortgage Loan Trust 2007-1, Floating Rate Note, 4/25/37 (144A) 6.55 04/25/2037 250,000 247,482
Tarjeta Naranja SA, 9.0%, 1/28/17 (144A) 9.0 01/28/2017 100,000 105,815
Bombardier Recreational Products, Inc., Term B Loan, 1/30/19 4.0 07/17/2019 400,857 401,644
Quikrete Holdings, Inc., Initial Loan (First Lien), 9/26/20 4.0 09/19/2020 278,600 279,384
BioScrip, Inc., Delayed Draw Term Loan, 7/31/20 6.5 07/22/2020 292,369 294,196
ServiceNow, Inc., 0.0%, 11/1/18 (144A) 0.0 11/01/2018 980,000 1,075,550
Continental Airlines 2001-1 Class B Pass Through Trust, 7.373%, 12/15/15 7.373 12/15/2015 250,000 53,602
Amd 7% 01jul24 144a 7.0 07/01/2024 865,000 885,904
Delta Air Lines, Inc., 2014 Term B-1 Loan, 10/18/18 3.5 10/18/2018 172,813 172,921
SunCoke Energy Partners LP, 7.375%, 2/1/20 (144A) 7.375 02/01/2020 300,000 329,469
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 8/15/38 (144A) 5.1 08/15/2038 1,400,000 1,279,082
TimberStar Trust 1, 7.5296%, 10/15/36 (144A) 7.5296 10/15/2036 30,000 32,057
Advantage Sales & Marketing, Inc., 2013 Term Loan (First Lien), 12/18/17 4.25 12/17/2017 690,004 691,657
Blackstone Holdings Finance Co LLC, 4.75%, 2/15/23 (144A) 4.75 02/15/2023 250,000 277,434
PARTY CITY HOLDINGS INC, 2014 Replacement Term Loan, 7/27/19 4.0 07/27/2019 934,658 930,485
Nara Cable Funding II, Ltd., 8.5%, 3/1/20 (144A) 8.5 03/01/2020 100,000 167,013
Icon Brands Holdings LLC, 4.352%, 1/25/43 (144A) 4.352 01/25/2043 100,000 95,667
Barry Callebaut Services NV, 5.5%, 6/15/23 (144A) 5.5 06/15/2023 300,000 317,131
Sector Re V, Ltd., 0.0%, 3/1/18 (Cat Bond) (144A) 0.0 03/01/2018 272 16,877
Sirius International Group, Ltd., Floating Rate Note, 12/31/49 (Perpetual) (144A) 7.506 05/29/2049 110,000 119,651
Crossmark Holdings, Inc., Term Loan (First Lien), 12/20/19 4.5 01/31/2020 197,123 196,795
Wachovia Bank Commercial Mortgage Trust Series 2005-C22, Floating Rate Note, 12/15/44 5.5447 12/15/2044 1,600,000 1,645,707
Gff 5.25% 01mar22 5.25 03/01/2022 2,375,000 2,403,104
Concho Resources, Inc., 5.5%, 4/1/23 5.5 04/01/2023 375,000 408,281
Pva 6% 31dec49 144a Perpetual 6.0 12/31/2049 7,300 873,153
TurboCombustor Technology, Inc., Initial Term Loan, 10/18/20 5.5 10/18/2020 547,250 551,354
Frontier Communications Corp., 8.75%, 4/15/22 8.75 04/15/2022 500,000 589,236
Ultra Petroleum Corp., 5.75%, 12/15/18 (144A) 5.75 12/15/2018 680,000 715,738
OneBeacon US Holdings, Inc., 4.6%, 11/9/22 4.6 11/09/2022 1,000,000 1,039,076
Argid 8.625% 15jun19 144a 8.625 06/15/2019 350,000 362,093
Penn Virginia Corp., 8.5%, 5/1/20 8.5 05/01/2020 430,000 486,617
Residential Reinsurance 2011, Ltd., Floating Rate Note, 6/6/17 (Cat Bond) (144A) 8.9304 12/06/2015 250,000 260,620
Gestamp Funding Luxembourg SA, 5.625%, 5/31/20 (144A) 5.625 05/31/2020 1,215,000 1,272,523
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 12.7804 12/06/2016 250,000 273,314
Mythen Re, Ltd. Series 2012-2 Class A, Floating Rate Note, 11/10/16 (Cat Bond) (144A) 0.0062 11/10/2016 500,000 539,964
Cequel Communications LLC, Term Loan, 2/14/19 3.5 01/31/2019 383,243 383,985
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 10/15/39 (144A) 5.135 10/15/2039 100,000 90,992
Albea Beauty Holdings SA, 8.375%, 11/1/19 (144A) 8.375 11/01/2019 255,000 280,872
Virginia Resources Authority, 5.0%, 11/1/42 5.0 11/01/2042 1,000,000 1,131,303
Samson Investment Co., 10.5%, 2/15/20 (144A) 10.5 02/15/2020 390,000 426,801
Mrfgbz 6.875% 24jun19 144a 6.875 06/24/2019 1,605,000 1,625,603
VOLT XXII LLC, 4.75%, 10/27/53 (Step) 4.75 10/27/2053 2,500,000 2,492,866
MGM Resorts International, Term B Loan, 12/20/19 3.5 12/13/2019 265,950 265,518
Brown Shoe Co, Inc., 7.125%, 5/15/19 7.125 05/15/2019 750,000 798,078
FTS International, Inc., 6.25%, 5/1/22 (144A) 6.25 05/01/2022 1,080,000 1,118,363
Compass Re, Ltd., Floating Rate Note, 1/8/15 (Cat Bond) (144A) 11.2601 01/08/2015 250,000 260,759
MacDermid, Inc., Tranche B Term Loan (First Lien), 6/7/20 4.0 06/06/2020 841,500 843,183
Accredited Mortgage Loan Trust 2003-3, 5.21%, 1/25/34 (Step) 5.21 01/25/2034 8,190,000 1,212,317
Midstates Petroleum Co, Inc., 9.25%, 6/1/21 9.25 06/01/2021 800,000 884,167
NRG Energy, Inc., 7.625%, 1/15/18 7.625 01/15/2018 900,000 1,064,394
Liberty Tire Recycling LLC, 11.0%, 10/1/16 (144A) 11.0 10/01/2016 100,000