Company: PDCC
Filing Date: 2025-09-03
Form Type: N-CSRS
Source: 0001398344-25-017467
Chunk: 7

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-03
Form: N-CSRS
Chunk 7
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----|:-------|:------|:----|:-----|------:|:----|:-----------|------:|:----|:--------------|:-----|:------|
| Total Short-Term Investments |     |        |       |     | $    | 3,136 |     | $          | 3,136 |     |               |      |       |

See Notes to Financial Statements.

| Pearl Diver Credit Company Inc. | Schedule of Investments |

June 30, 2025 (Unaudited)

| Short-Term Investments - –% (continued)                   |     | Shares      
 (continued) |     | Cost        
 (continued) |     | Fair Value  
 (continued) |             |   |     | Percentage of 
 Net Assets    
 (continued)   |
|:----------------------------------------------------------|:----|:------------|:----|:------------|:----|:------------|------------:|:--|:----|:--------------|
| Series A Cumulative Perpetual Preferred Shares - (27.91%) |     |             |     |             |     | $           | (34,500,000 | ) |     |               |
| Liabilities in Excess of Other Assets- (6.24%)            |     |             |     |             |     |             |  (7,718,409 | ) |     |               |
| Net Assets - 100.00%                                      |     |             |     |             |     | $           | 123,603,645 |   |     |               |

| (1) | The Company is not affiliated with,                                                                                          
 nor does it “control” (as such term is defined in the Investment Company Act of 1940 (the “1940 Act”)), any of the           
 issuers listed. In general, under the 1940 Act, the Company would be presumed to “control” an issuer if we owned 25% or more 
 of its voting securities                                                                                                     |

| (2) | Acquisition date represents the      
 initial purchase date of investment. |

| (3) | Fair value is determined by the                                                                                                 
 Adviser in accordance with written valuation policies and procedures, subject to oversight by the Company’s Board of Directors, 
 in accordance with Rule 2a-5 under the 1940 Act.                                                                                |

| (4) | The fair value of CLO Debt and                                 
 CLO equity investments are classified as Level II investments. |

| (