| # | Security | Value | Shares | % Port | Change | Δ Shares |
|---|---|---|---|---|---|---|
| 1 | DUKE ENERGY CORP NEW NOTE 4.125% 4/1 | $280.7M | 250.0K | 10.4% | REDUCED | -168,250,001 |
| 2 | CNX RES CORP NOTE 2.250% 5/0 | $204.8M | 68.1K | 7.6% | REDUCED | -66,091,940 |
| 3 | FIRSTENERGY CORP NOTE 4.000% 5/0 | $161.6M | 146.1K | 6.0% | REDUCED | -132,665,892 |
| 4 | APOLLO GLOBAL MGMT INC SER A MAND CNV | $147.2M | 2.50M | 5.4% | REDUCED | -1,065,000 |
| 5 | STRATEGY INC CL A NEW | $109.2M | 875.0K | 4.0% | NEW | — |
| 6 | PINNACLE WEST CAP CORP NOTE 4.750% 6/1 | $98.0M | 84.5K | 3.6% | REDUCED | -62,915,500 |
| 7 | TXNM ENERGY INC NOTE 5.750% 6/0 | $76.1M | 56.2K | 2.8% | REDUCED | -44,199,777 |
| 8 | STRATEGY INC NOTE 0.625% 3/1 | $75.1M | 65.0K | 2.8% | REDUCED | -29,935,000 |
| 9 | JAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | $62.9M | 51.4K | 2.3% | NEW | — |
| 10 | PEABODY ENGR CORP NOTE 3.250% 3/0 | $61.0M | 33.2K | 2.3% | REDUCED | -14,966,794 |
| 11 | SPDR SERIES TRUST STATE STREET SPD | $55.0M | 1.00M | 2.0% | REDUCED | -250,000 |
| 12 | ETSY INC NOTE 0.125%10/0 | $54.0M | 55.0K | 2.0% | NEW | — |
| 13 | APOLLO GLOBAL MGMT INC COM | $45.3M | 406.8K | 1.7% | REDUCED | -275,300 |
| 14 | JBT MAREL CORPORATION NOTE 0.250% 5/1 | $44.8M | 45.0K | 1.7% | REDUCED | -29,955,000 |
| 15 | ISHARES TR IBOXX HI YD ETF | $39.8M | 500.0K | 1.5% | NEW | — |
| 16 | TRUMP MEDIA & TECHNOLOGY GRO COM | $39.4M | 4.25M | 1.5% | NEW | — |
| 17 | BOEING CO DEP CONV PFD A | $36.7M | 561.1K | 1.4% | NEW | — |
| 18 | HEWLETT PACKARD ENTERPRISE C 7.625 MAND CONV | $34.2M | 525.0K | 1.3% | REDUCED | -2,314,228 |
| 19 | THE REALREAL INC DEBT 4.000% 2/1 | $32.6M | 27.2K | 1.2% | REDUCED | -44,972,830 |
| 20 | KKR & CO INC COM | $32.6M | 352.0K | 1.2% | NEW | — |
| 21 | BOEING CO COM | $30.0M | 150.9K | 1.1% | REDUCED | -253,498 |
| 22 | SOUTHERN CO COM | $28.5M | 295.7K | 1.1% | NEW | — |
| 23 | MICROCHIP TECHNOLOGY INC. DEP SHS REPSTG | $25.9M | 450.0K | 1.0% | NEW | — |
| 24 | NEXTERA ENERGY INC UNIT 11/01/2027 | $24.9M | 475.0K | 0.9% | NEW | — |
| 25 | BOX INC CL A | $24.0M | 1.02M | 0.9% | ADDED | +870.5K |
Holdings data sourced from SEC EDGAR 13F-HR filings. Updated quarterly, approximately 45 days after quarter end. All data is public domain.
Last filed: May 15, 2026