Company: PDCC
Filing Date: 2025-09-03
Form Type: N-CSRS
Source: 0001398344-25-017467
Chunk: 18

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-03
Form: N-CSRS
Chunk 18
---
----|:--------|------------:|:----|:--------|:--|:----|:------|------------:|
| Collateralized Loan Obligations - Equity |     | $       |     – |     | $       | 162,054,116 |     | $       | – |     | $     | 162,054,116 |
| Collateralized Loan Obligations - Debt   |     | $       |     – |     | $       |   3,764,802 |     | $       | – |     | $     |   3,764,802 |
| Short-Term Investments                   |     | $       | 3,136 |     | $       |           – |     | $       | – |     | $     |       3,136 |
| Total                                    |     | $       | 3,136 |     | $       | 165,818,918 |     | $       | – |     | $     | 165,822,054 |
| Other Financial Instruments              |     |         |       |     |         |             |     |         |   |     |       |             |
| Reverse Repurchase Agreements            |     | $       |     – |     | $       |   6,962,252 |     | $       | – |     | $     |           – |
| Total                                    |     | $       |     – |     | $       |   6,962,252 |     | $       | – |     | $     |           – |

Purchase and Sales of Investment Securities

The cost of purchases and proceeds from the sale of
securities, other than short-term securities and amounts received as part of the reorganization, for the period ended June 30, 2025 were
as follows:

| Fund |     | Purchases of 
 Securities   |            |     | Proceeds From Sales of 
 Securities             |           |
|:-----|:----|:-------------|-----------:|:----|:-----------------------|----------:|
|      |     | $            | 40,528,376 |     | $                      | 9,785,688 |

4. RISKS AND UNCERTAINTIES

The following list is not intended to be a comprehensive
list of all of the potential risks associated with the Company. The Company’s prospectus provides a detailed discussion of the Company’s
risks and