Company: PDCC
Filing Date: 2025-09-03
Form Type: N-CSRS
Source: 0001398344-25-017467
Chunk: 6

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-03
Form: N-CSRS
Chunk 6
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’s equivalent rating of a rating agency that rated the obligor, provided, that such other 
 rating is available with respect to a CLO equity investment held by us. In the event multiple ratings are available, the lowest Moody’s   
 rating, or if there is no Moody’s rating, the lowest equivalent rating, is used. The ratings of specific borrowings by an obligor may     
 differ from the rating assigned to the obligor and may differ among rating agencies. For certain obligors, no rating is available in      
 the reports received by the Company. Such obligors are not shown in the graphs and, accordingly, the sum of the percentages in the graphs 
 may not equal 100%. Ratings below BBB- are below investment grade.                                                                        |

| 4 | www.pearldivercreditcompany.com |

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

June 30, 2025 (Unaudited)

Pearl Diver Credit Company Inc.

Schedule of Investments (UNAUDITED)

6/30/2025

(Expressed in United States Dollars)

| Issuer(1)                                 
 Investments                               
 at Fair Value(4)                          
 Collateralized                            
 Loan Obligations - Debt - 3.04%(5)(6)     
 United                                    
 States(7)                                 |     | Investment                                         |     | Acquisition 
 Date(2)     |     | Principal/ 
 Shares     |            |     | Cost |             |     | Fair     
 Value(3) |             |     | Percentage 
 of         
 Net Assets |      |   |
|:------------------------------------------|:----|:---------------------------------------------------|:----|:------------|:----|:-----------|-----------:|:----|:-----|------------:|:----|:---------|------------:|:----|:-----------|-----:|:--|
| LCM 42, Ltd.                              |     | Secured Note - Class F, (3M CME                    
 TERM SOFR + 8.08%, due 01/15/2038)                 |     | 11/18/2024  |     | $          |    250,000 |     | $    |     230,308 |     | $        |     246,804 |     |            | 0.20 | % |
| Madison Park Funding XXVII,               
 Ltd.                                      |     | Secured Note - Class FR, (3M CME TERM SOFR         
 + 7