|        |
|--------|
|        |
|   |

|                                                                                         |
|-----------------------------------------------------------------------------------------|
|                                                                                         |  |
| Maryland                                                                                | 52-2439556 |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
| 9 West 57th Street37th FloorNew York, New York                                     | 10019 |
| (Address of principal executive offices)                            | (Zip Code) |

|                                |
|--------------------------------|
|                                |  |  |  |  |
| Title of each class            |   | Trading symbol(s) |   | Name of each exchange on which registered |
| Common Stock, $0.001 par value |   | AINV |   | NASDAQ Global Select Market |
| 6.875% Senior Notes due 2043   |   | AIY |   | New York Stock Exchange |

|                                   |
|-----------------------------------|
|                                   |  |  |  |  |  |  |  |
| Large accelerated filer | x | Accelerated filer |  ̈ | Non-accelerated filer |  ̈ | Smaller reporting company |  ̈ |

|        |
|--------|
|        |
|   |

----

|              |
|--------------|
|              |  |  |
|         |   | Page |
|         | PART I. FINANCIAL INFORMATION |   |
|         |   |   |
| Item 1. | Financial Statements | 1 |
|         |   |   |
|         | Statements of Assets and LiabilitiesJune 30, 2019 and March 31, 2019 | 1 |
|         |   |   |
|         | Statements of OperationsThree months ended June 30, 2019 and June 30, 2018 | 2 |
|         |   |   |
|         | Statements of Changes in Net AssetsThree months ended June 30, 2019 and June 30, 2018 | 3 |
|         |   |   |
|         | Statements of Cash FlowsThree months ended June 30, 2019 and June 30, 2018 | 4 |
|         |   |   |
|         | Schedule of InvestmentsJune 30, 2019 | 5 |
|         |   |   |
|         | Schedule of InvestmentsMarch 31, 2019 | 28 |
|         |   |   |
|         | Notes to Financial Statements | 48 |
|         |   |   |
|         | Report of Independent Registered Public Accounting Firm | 76 |
|         |   |   |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 77 |
|         |   |   |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 89 |
|         |   |   |
| Item 4. | Controls and Procedures | 90 |
|         |   |   |
|         | PART II. OTHER INFORMATION |   |
|         |   |   |
| Item 1. | Legal Proceedings | 91 |
|         |   |   |
| Item 1A.     | Risk Factors | 91 |
|         |   |   |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 91 |
|         |   |   |
| Item 3. | Defaults Upon Senior Securities | 93 |
|         |   |   |
| Item 4.      | Mine Safety Disclosures | 93 |
|         |   |   |
| Item 5. | Other Information | 93 |
|         |   |   |
| Item 6. | Exhibits | 94 |
|         |   |   |
|         | Signatures | 95 |

----

Table of Contents

| APOLLO INVESTMENT CORPORATIONSTATEMENTS OF ASSETS AND LIABILITIES(In thousands, except share and per share data)                      |
|---------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                       |  |  |  |  |  |  |  |
|                                                                                                                                       | June 30, 2019 |   | March 31, 2019 |
|                                                                                                                                       | (Unaudited) |   |  |
| Assets                                                                                                                                |  |   |  |
| Investments at fair value:                                                                                                            |  |  |   |  |  |
| Non-controlled/non-affiliated investments (cost — $1,927,308 and $1,654,322, respectively)                                      | $ | 1,896,346 |  |   | $ | 1,627,406 |  |
| Non-controlled/affiliated investments (cost — $66,238 and $67,072, respectively)                                                | 49,756 |  |   | 49,681 |  |
| Controlled investments (cost — $689,577 and $736,717, respectively)                                                             | 674,210 |  |   | 731,045 |  |
| Cash and cash equivalents                                                                                                             | 29,210 |  |   | 36,280 |  |
| Foreign currencies (cost — $1,353 and $4,963, respectively)                                                                     | 1,360 |  |   | 4,909 |  |
| Receivable for investments sold                                                                                                       | 684 |  |   | 336 |  |
| Interest receivable                                                                                                                   | 25,693 |  |   | 24,280 |  |
| Dividends receivable                                                                                                                  | 4,067 |  |   | 3,748 |  |
| Deferred financing costs                                                                                                              | 18,836 |  |   | 19,776 |  |
| Prepaid expenses and other assets                                                                                                     | 268 |  |   | 336 |  |
| Total Assets                                                                                                                          | $ | 2,700,430 |  |   | $ | 2,497,797 |  |
|                                                                                                                                       |  |   |  |
| Liabilities                                                                                                                           |  |   |  |
| Debt                                                                                                                                  | $ | 1,349,598 |  |   | $ | 1,128,686 |  |
| Payable for investments purchased                                                                                                     | — |  |   | 677 |  |
| Distributions payable                                                                                                                 | 30,624 |  |   | 31,040 |  |
| Management and performance-based incentive fees payable                                                                               | 9,539 |  |   | 8,880 |  |
| Interest payable                                                                                                                      | 10,404 |  |   | 5,818 |  |
| Accrued administrative services expense                                                                                               | 2,295 |  |   | 2,983 |  |
| Other liabilities and accrued expenses                                                                                                | 7,260 |  |   | 7,086 |  |
| Total Liabilities                                                                                                                     | $ | 1,409,720 |  |   | $ | 1,185,170 |  |
| Commitments and contingencies (Note 10)                                                                                               |  |  |   |  |  |
| Net Assets                                                                                                                            | $ | 1,290,710 |  |   | $ | 1,312,627 |  |
|                                                                                                                                       |  |   |  |
| Net Assets                                                                                                                            |  |   |  |
| Common stock, $0.001 par value (400,000,000 shares authorized; 67,927,353 and 68,876,986 shares issued and outstanding, respectively) | $ | 68 |  |   | $ | 69 |  |
| Capital in excess of par value                                                                                                        | 2,140,715 |  |   | 2,155,836 |  |
| Accumulated under-distributed (over-distributed) earnings                                                                             | (850,073 | ) |   | (843,278 | ) |
| Net Assets                                                                                                                            | $ | 1,290,710 |  |   | $ | 1,312,627 |  |
|                                                                                                                                       |  |  |   |  |  |
| Net Asset Value Per Share                                                                                                             | $ | 19.00 |  |   | $ | 19.06 |  |

----

Table of Contents

| APOLLO INVESTMENT CORPORATIONSTATEMENTS OF OPERATIONS (Unaudited)(In thousands, except per share data) |
|--------------------------------------------------------------------------------------------------------|
|                                                                                                        |  |  |  |  |  |  |  |
|                                                                                                        | Three Months Ended June 30, |
|                                                                                                        | 2019 |  | 2018 |
| Investment Income                                                                                      |  |  |  |
| Non-controlled/non-affiliated investments:                                                             |  |  |  |
| Interest income (excluding Payment-in-kind (“PIK”) interest income)                        | $ | 47,004 |  |  | $ | 39,443 |  |
| Dividend income                                                                                        | 62 |  |  | — |  |
| PIK interest income                                                                                    | 4,706 |  |  | 1,250 |  |
| Other income                                                                                           | 937 |  |  | 1,403 |  |
| Non-controlled/affiliated investments:                                                                 |  |  |  |
| Interest income (excluding PIK interest income)                                                        | — |  |  | — |  |
| Dividend income                                                                                        | 319 |  |  | 312 |  |
| PIK interest income                                                                                    | — |  |  | — |  |
| Other income                                                                                           | — |  |  | — |  |
| Controlled investments:                                                                                |  |  |  |
| Interest income (excluding PIK interest income)                                                        | 12,638 |  |  | 14,490 |  |
| Dividend income                                                                                        | — |  |  | 5,265 |  |
| PIK interest income                                                                                    | 850 |  |  | 1,428 |  |
| Other income                                                                                           | — |  |  | — |  |
| Total Investment Income                                                                                | $ | 66,516 |  |  | $ | 63,591 |  |
| Expenses                                                                                               |  |  |  |
| Management fees                                                                                        | $ | 9,539 |  |  | $ | 8,873 |  |
| Performance-based incentive fees                                                                       | — |  |  | 7,423 |  |
| Interest and other debt expenses                                                                       | 17,511 |  |  | 13,576 |  |
| Administrative services expense                                                                        | 1,725 |  |  | 1,638 |  |
| Other general and administrative expenses                                                              | 3,305 |  |  | 2,533 |  |
| Total expenses                                                                                         | 32,080 |  |  | 34,043 |  |
| Management and performance-based incentive fees waived                                                 | — |  |  | (1,856 | ) |
| Expense reimbursements                                                                                 | (98 | ) |  | (144 | ) |
| Net Expenses                                                                                           | $ | 31,982 |  |  | $ | 32,043 |  |
| Net Investment Income                                                                                  | $ | 34,534 |  |  | $ | 31,548 |  |
| Net Realized and Change in Unrealized Gains (Losses)                                                   |  |  |  |
| Net realized gains (losses):                                                                           |  |  |  |
| Non-controlled/non-affiliated investments                                                              | $ | (9 | ) |  | $ | (9,946 | ) |
| Non-controlled/affiliated investments                                                                  | 1,089 |  |  | — |  |
| Controlled investments                                                                                 | — |  |  | — |  |
| Option contracts                                                                                       | — |  |  | (13,209 | ) |
| Foreign currency transactions                                                                          | 202 |  |  | (28 | ) |
| Net realized gains (losses)                                                                            | 1,282 |  |  | (23,183 | ) |
| Net change in unrealized gains (losses):                                                               |  |  |  |
| Non-controlled/non-affiliated investments                                                              | (4,046 | ) |  | (5,123 | ) |
| Non-controlled/affiliated investments                                                                  | 910 |  |  | (865 | ) |
| Controlled investments                                                                                 | (9,696 | ) |  | 8,579 |  |
| Option contracts                                                                                       | — |  |  | (567 | ) |
| Foreign currency translations                                                                          | 845 |  |  | 2,861 |  |
| Net change in unrealized gains (losses)                                                                | (11,987 | ) |  | 4,885 |  |
| Net Realized and Change in Unrealized Gains (Losses)                                                   | $ | (10,705 | ) |  | $ | (18,298 | ) |
| Net Increase (Decrease) in Net Assets Resulting from Operations                                        | $ | 23,829 |  |  | $ | 13,250 |  |
| Earnings Per Share — Basic                                                                       | $ | 0.35 |  |  | $ | 0.18 |  |

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Table of Contents

| APOLLO INVESTMENT CORPORATIONSTATEMENTS OF CHANGES IN NET ASSETS (Unaudited)(In thousands, except share data) |
|---------------------------------------------------------------------------------------------------------------|
|                                                                                                               |  |  |  |  |  |  |  |
|                                                                                                          | Three Months Ended June 30, |
|                                                                                                          | 2019 |   | 2018 |
| Operations                                                                                                    |   |   |   |
| Net investment income                                                                                         | $ | 34,534 |  |   | $ | 31,548 |  |
| Net realized gains (losses)                                                                                   | 1,282 |  |   | (23,183 | ) |
| Net change in unrealized gains (losses)                                                                       | (11,987 | ) |   | 4,885 |  |
| Net Increase in Net Assets Resulting from Operations                                                          | $ | 23,829 |  |   | $ | 13,250 |  |
|                                                                                                          |   |   |   |
| Distributions to Stockholders                                                                                 |   |   |   |
| Distribution of net investment income                                                                         | $ | (30,624 | ) |   | $ | (32,293 | ) |
| Distribution of return of capital                                                                             | — |  |   | — |  |
| Net Decrease in Net Assets Resulting from Distributions to Stockholders                                       | $ | (30,624 | ) |   | $ | (32,293 | ) |
|                                                                                                          |   |   |   |
| Capital Share Transactions                                                                                    |   |   |   |
| Repurchase of common stock                                                                                    | $ | (15,122 | ) |   | $ | (7,877 | ) |
| Net Decrease in Net Assets Resulting from Capital Share Transactions                                          | $ | (15,122 | ) |   | $ | (7,877 | ) |
|                                                                                                          |   |   |   |
| Net Assets                                                                                                    |   |   |   |
| Net decrease in net assets during the period                                                                  | $ | (21,917 | ) |   | $ | (26,920 | ) |
| Net assets at beginning of period                                                                             | 1,312,627 |  |   | 1,418,086 |  |
| Net Assets at End of Period                                                                                   | $ | 1,290,710 |  |   | $ | 1,391,166 |  |
|                                                                                                          |   |   |   |
| Capital Share Activity                                                                                        |   |   |   |
| Shares repurchased during the period                                                                          | (949,633 | ) |   | (462,267 | ) |
| Shares issued and outstanding at beginning of period                                                          | 68,876,986 |  |   | 72,104,032 |  |
| Shares Issued and Outstanding at End of Period                                                                | 67,927,353 |  |   | 71,641,765 |  |

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Table of Contents

| APOLLO INVESTMENT CORPORATIONSTATEMENTS OF CASH FLOWS (Unaudited)(In thousands)                                            |
|----------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                            |  |  |  |  |  |  |  |
|                                                                                                                       | Three Months Ended June 30, |
|                                                                                                                       | 2019 |   | 2018 |
| Operating Activities                                                                                                       |   |   |   |
| Net increase in net assets resulting from operations                                                                       | $ | 23,829 |  |   | $ | 13,250 |  |
| Net realized (gains) losses                                                                                                | (1,282 | ) |   | 23,183 |  |
| Net change in unrealized (gains) losses                                                                                    | 11,987 |  |   | (4,885 | ) |
| Net amortization of premiums and accretion of discounts on investments                                                     | (2,125 | ) |   | (1,536 | ) |
| Accretion of discount on notes                                                                                             | 148 |  |   | 148 |  |
| Amortization of deferred financing costs                                                                                   | 1,266 |  |   | 1,165 |  |
| Increase in gains/(losses) from foreign currency transactions                                                              | 201 |  |   | (28 | ) |
| PIK interest and dividends capitalized                                                                                     | (4,883 | ) |   | (1,983 | ) |
| Changes in operating assets and liabilities:                                                                               |   |   |   |
| Purchases of investments                                                                                                   | (435,936 | ) |   | (389,324 | ) |
| Proceeds from sales and repayments of investments                                                                          | 217,988 |  |   | 94,019 |  |
| Purchases of option contracts                                                                                              | — |  |   | (13,277 | ) |
| Proceeds from option contracts                                                                                             | — |  |   | 288 |  |
| Net settlement of option contracts                                                                                         | — |  |   | 2,265 |  |
| Decrease (increase) in interest receivable                                                                                 | (1,402 | ) |   | (1,142 | ) |
| Decrease (increase) in dividends receivable                                                                                | (319 | ) |   | (5,265 | ) |
| Decrease (increase) in prepaid expenses and other assets                                                                   | 68 |  |   | (382 | ) |
| Increase (decrease) in management and performance-based incentive fees payable                                             | 659 |  |   | 921 |  |
| Increase (decrease) in interest payable                                                                                    | 4,586 |  |   | 4,874 |  |
| Increase (decrease) in accrued administrative services expense                                                             | (688 | ) |   | (932 | ) |
| Increase (decrease) in other liabilities and accrued expenses                                                              | 174 |  |   | 107 |  |
| Net Cash Used in Operating Activities                                                                                      | $ | (185,729 | ) |   | $ | (278,534 | ) |
| Financing Activities                                                                                                       |   |   |   |
| Issuances of debt                                                                                                          | $ | 333,892 |  |   | $ | 328,918 |  |
| Payments of debt                                                                                                           | (112,497 | ) |   | (13,500 | ) |
| Financing costs paid and deferred                                                                                          | (184 | ) |   | — |  |
| Repurchase of common stock                                                                                                 | (15,122 | ) |   | (7,877 | ) |
| Distributions paid                                                                                                         | (31,040 | ) |   | (32,447 | ) |
| Net Cash Provided by Financing Activities                                                                                  | $ | 175,049 |  |   | $ | 275,094 |  |
|                                                                                                                       |   |   |   |
| Cash, Cash Equivalents, Foreign Currencies and Collateral on Option Contracts                                              |   |   |   |
| Net increase (decrease) in cash, cash equivalents, foreign currencies and collateral on option contracts during the period | $ | (10,680 | ) |   | $ | (3,440 | ) |
| Effect of foreign exchange rate changes on cash and cash equivalents                                                       | 61 |  |   | (14 | ) |
| Cash, cash equivalents, foreign currencies and collateral on option contracts at beginning of period                       | 41,189 |  |   | 20,349 |  |
| Cash, Cash Equivalents, Foreign Currencies and Collateral on Option Contracts at the End of Period                         | $ | 30,570 |  |   | $ | 16,895 |  |
|                                                                                                                       |   |   |   |
| Supplemental Disclosure of Cash Flow Information                                                                           |   |   |   |
| Cash interest paid                                                                                                         | $ | 11,528 |  |   | $ | 7,437 |  |
|                                                                                                                       |   |   |   |
| Non-Cash Activity                                                                                                          |   |   |   |
| PIK income                                                                                                                 | $ | 5,556 |  |   | $ | 2,678 |  |

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Table of Contents

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                           |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
| Advertising, Printing & Publishing       |   |   |   |   |   |   |
| A-L Parent LLC                               |   | Second Lien Secured Debt |   | 9.66% (1M L+725, 1.00% Floor) |   | 12/02/24 |   | $ | 5,536 |  |   | $ | 5,498 |  |   | $ | 5,501 |  |   | (10) |
| Simplifi Holdings, Inc.                      |   | First Lien Secured Debt |   | 7.40% (1M L+500, 1.00% Floor) |   | 09/28/22 |   | 24,691 |  |   | 24,317 |  |   | 24,444 |  |   | (9) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/28/22 |   | 2,400 |  |   | (47 | ) |   | (24 | ) |   | (8)(9)(21)(23) |
|                                         |   |   |   |   |   |   |   |   |   | 24,270 |  |   | 24,420 |  |   |   |
| Total Advertising, Printing & Publishing |   |   | $ | 29,768 |  |   | $ | 29,921 |  |   |   |
| Aerospace & Defense                      |   |   |   |   |   |   |
| Erickson Inc                                 |   | First Lien Secured Debt - Revolver |   | 9.82% (3M L+750, 1.00% Floor) |   | 04/28/22 |   | $ | 30,313 |  |   | $ | 30,313 |  |   | $ | 29,782 |  |   | (9)(23) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 04/28/22 |   | 8,251 |  |   | (318 | ) |   | (144 | ) |   | (8)(9)(21)(23) |
|                                         |   | First Lien Secured Debt - Letters of Credit |   | 7.50% |   | 7/15/19 - 10/01/20 |   | 6,436 |  |   | — |  |   | (113 | ) |   | (8)(9)(23) |
|                                         |   |   |   |   |   |   |   |   |   | 29,995 |  |   | 29,525 |  |   |   |
| ILC Dover LP                                 |   | Second Lien Secured Debt |   | 10.70% (6M L+850, 1.00% Floor) |   | 06/28/24 |   | 20,000 |  |   | 19,652 |  |   | 19,650 |  |   |   |
| PAE Holding Corporation                      |   | Second Lien Secured Debt |   | 11.83% (3M L+950, 1.00% Floor) |   | 10/20/23 |   | 28,097 |  |   | 27,570 |  |   | 27,745 |  |   | (10) |
| Total Aerospace & Defense                |   |   | $ | 77,217 |  |   | $ | 76,920 |  |   |   |
|  Automotive                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Accelerate Parent Corp.                      |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 1,664,046 Shares |  |   | $ | 1,714 |  |   | $ | — |  |   | (13)(28) |
| Arlington Industries Group Limited           |   | First Lien Secured Debt |   | 5.97% (1M GBP L+525, 0.50% Floor) |   | 03/29/24 |   | £ | 1,300 |  |   | 1,637 |  |   | 1,622 |  |   | (9)(17) |
|                                         |   | First Lien Secured Debt |   | 5.97% (1M GBP L+525, 0.50% Floor) |   | 03/29/24 |   | £ | 6,780 |  |   | 8,629 |  |   | 8,461 |  |   | (9)(17) |
|                                         |   | First Lien Secured Debt |   | 5.25% (1M E L+525, 0.50% Floor) |   | 03/29/24 |   | € | 3,297 |  |   | 3,693 |  |   | 3,682 |  |   | (9)(17) |
|                                         |   | First Lien Secured Debt - Revolver |   | 5.97% (1M GBP L+525, 0.50% Floor) |   | 03/29/24 |   | £ | 687 |  |   | 871 |  |   | 858 |  |   | (9)(17)(23) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 1.25% Unfunded |   | 03/29/24 |   | £ | 1,104 |  |   | (68 | ) |   | (27 | ) |   | (8)(9)(17)(21)(23) |
|                                         |   | First Lien Secured Debt - Revolver |   | 5.25% (1M E L+525, 0.50% Floor) |   | 03/29/24 |   | € | 1,027 |  |   | 1,155 |  |   | 1,147 |  |   | (9)(17)(23) |
|                                         |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 03/29/24 |   | £ | 1,300 |  |   | (33 | ) |   | (32 | ) |   | (8)(9)(17)(21)(23) |
|                                         |   |   |   |   |   |   |   |   |   | 15,884 |  |   | 15,711 |  |   |   |
| Crowne Automotive                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Vari-Form Group, LLC                         |   | First Lien Secured Debt |   | L+11.00% (7.00% Cash plus 4.00% PIK) |   | 02/02/23 |   | $ | 5,860 |  |   | 5,382 |  |   | 938 |  |   | (9)(13)(14) |
| Vari-Form Inc.                               |   | First Lien Secured Debt |   | L+11.00% (7.00% Cash plus 4.00% PIK) |   | 02/02/23 |   | 2,446 |  |   | 2,604 |  |   | 391 |  |   | (9)(13)(14) |
|                                         |   | 7,986 |  |   | 1,329 |  |   |   |
| K&N Parent, Inc.                         |   | Second Lien Secured Debt |   | 11.15% (1M L+875, 1.00% Floor) |   | 10/21/24 |   | 23,765 |  |   | 23,444 |  |   | 23,289 |  |   | (10) |
| Total Automotive                             |   |   | $ | 49,028 |  |   | $ | 40,329 |  |   |   |
| Aviation and Consumer Transport              |   |   |   |   |   |   |   |   |   |   |
| Merx Aviation Finance, LLC (5)               |   | First Lien Secured Debt - Revolver |   | 12.00% |   | 10/31/23 |   | $ | 325,200 |  |   | $ | 325,200 |  |   | $ | 325,200 |  |   | (23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 2.25% |   | 07/13/19 |   | 177 |  |   | — |  |   | — |  |   | (23) |
|                                         |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | N/A |  |   | 15,000 |  |   | 55,715 |  |   |  |
| Total Aviation and Consumer Transport        |   |   | $ | 340,200 |  |   | $ | 380,915 |  |   |   |

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Table of Contents

|                                    |
|------------------------------------|
|                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                 |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
| Beverage, Food & Tobacco       |   |   |   |   |   |   |   |   |   |   |
| Eagle Foods Family Group, LLC      |   | First Lien Secured Debt |   | 9.12% (6M L+650, 1.00% Floor) |   | 06/14/24 |   | $ | 24,333 |  |   | $ | 24,107 |  |   | $ | 23,968 |  |   | (9) |
|                               |   | First Lien Secured Debt |   | 8.82% (3M L+650, 1.00% Floor) |   | 06/14/24 |   | 417 |  |   | 413 |  |   | 410 |  |   | (9) |
|                               |   | First Lien Secured Debt - Revolver |   | 9.12% (6M L+650, 1.00% Floor) |   | 06/14/23 |   | 917 |  |   | 917 |  |   | 903 |  |   | (9)(23) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/14/23 |   | 2,833 |  |   | (33 | ) |   | (43 | ) |   | (8)(9)(21)(23) |
|                               |   |   |   |   |   |   |   |   |   | 25,404 |  |   | 25,238 |  |   |   |
| Florida  Food Group                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Florida Food Products, Inc.        |   | First Lien Secured Debt |   | 9.15% (1M L+675, 1.00% Floor) |   | 09/08/25 |   | 23,113 |  |   | 22,602 |  |   | 22,882 |  |   | (9) |
| Florida Food Products, LLC         |   | First Lien Secured Debt - Revolver |   | 9.15% (1M L+675, 1.00% Floor) |   | 09/06/23 |   | 1,473 |  |   | 1,473 |  |   | 1,458 |  |   | (9)(23) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/06/23 |   | 240 |  |   | (36 | ) |   | (2 | ) |   | (8)(9)(21)(23) |
|                               |   |   |   |   |   |   |   |   |   | 1,437 |  |   | 1,456 |  |   |   |
| IC Holdings LLC                    |   | Common Equity - Series A Units |   | N/A |   | N/A |   | 169 Shares |  |   | 169 |  |   | 169 |  |   | (9)(13) |
| THLP CO. LLC                       |   | First Lien Secured Debt |   | 7.90% (1M L+550, 1.00% Floor) |   | 05/30/25 |   | 19,562 |  |   | 19,176 |  |   | 19,171 |  |   | (9) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 05/31/24 |   | 4,494 |  |   | (88 | ) |   | (90 | ) |   | (8)(9)(21)(23) |
|                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 05/30/25 |   | 5,618 |  |   | (54 | ) |   | (112 | ) |   | (8)(9)(21)(23) |
|                               |   |   |   |   |   |   |   |   |   | 19,034 |  |   | 18,969 |  |   |   |
| TNT Crust LLC                      |   | First Lien Secured Debt |   | 8.65% (1M L+625, 1.00% Floor) |   | 11/06/23 |   | 9,060 |  |   | 8,903 |  |   | 8,879 |  |   | (9) |
|                               |   | First Lien Secured Debt |   | 7.63% (1M L+525, 1.00% Floor) |   | 11/06/23 |   | 10,403 |  |   | 10,196 |  |   | 10,195 |  |   | (9) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/06/23 |   | 3,252 |  |   | (61 | ) |   | (65 | ) |   | (8)(9)(21)(23) |
|                               |   | Common Equity - Series A Units |   | N/A |   | N/A |   | 244 Shares |  |   | 30 |  |   | 321 |  |   | (9)(13) |
|                               |   |   |   |   |   |   |   |   |   | 19,068 |  |   | 19,330 |  |   |   |
| Wm. Bolthouse Farms, Inc.          |   | Common Equity - Common Stock |   | N/A |   | N/A |   | 1,000,000 Shares |  |   | 1,000 |  |   | 1,000 |  |   | (13) |
| Total Beverage, Food & Tobacco |   |   | $ | 88,714 |  |   | $ | 89,044 |  |   |   |
| Business Services                  |   |   |   |   |   |   |   |   |   |   |
| Access CIG, LLC                    |   | Second Lien Secured Debt |   | 10.07% (3M L+775) |   | 02/27/26 |   | $ | 15,900 |  |   | $ | 15,776 |  |   | $ | 15,811 |  |   | (10) |
| Aero Operating LLC                 |   | First Lien Secured Debt |   | 9.65% (1M L+725, 1.00% Floor) |   | 12/29/22 |   | 36,803 |  |   | 36,140 |  |   | 36,435 |  |   | (9) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 1.00% Unfunded |   | 12/29/22 |   | 3,773 |  |   | (84 | ) |   | (38 | ) |   | (8)(9)(21)(23) |
|                               |   | First Lien Secured Debt - Letters of Credit |   | L+400 |   | 04/30/20 - 06/21/20 |   | 1,039 |  |   | — |  |   | (10 | ) |   | (8)(9)(23) |
|                               |   |   |   |   |   |   |   |   |   | 36,056 |  |   | 36,387 |  |   |   |
| Ambrosia Buyer Corp.               |   | Second Lien Secured Debt |   | 10.20% (6M L+800, 1.00% Floor) |   | 08/28/25 |   | 21,429 |  |   | 21,016 |  |   | 20,885 |  |   |   |
| Claritas, LLC                      |   | First Lien Secured Debt |   | 8.33% (1M L+600, 1.00% Floor) |   | 12/21/23 |   | 3,919 |  |   | 3,883 |  |   | 3,880 |  |   | (9) |
|                               |   | First Lien Secured Debt - Revolver |   | 8.40% (1M L+600, 1.00% Floor) |   | 12/21/23 |   | 129 |  |   | 129 |  |   | 128 |  |   | (9)(23) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/21/23 |   | 902 |  |   | (10 | ) |   | (9 | ) |   | (8)(9)(21)(23) |
|                               |   |   |   |   |   |   |   |   |   | 4,002 |  |   | 3,999 |  |   |   |
| Continuum Global Solutions, LLC    |   | First Lien Secured Debt - Revolver |   | 7.90% (1M L+550, 1.00% Floor) |   | 02/15/22 |   | 941 |  |   | 941 |  |   | 922 |  |   | (9)(23) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/15/22 |   | 9,829 |  |   | (189 | ) |   | (197 | ) |   | (8)(9)(21)(23) |

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Table of Contents

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|                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                         |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
|                                       |   | Preferred Equity - Preferred Equity |   | N/A |   | N/A |   | 620 Shares |  |   | 62 |  |   | 62 |  |   | (9)(13) |
|                                       |   |   |   |   |   |   |   |   |   | 814 |  |   | 787 |  |   |   |
| CT Technologies Intermediate Holdings, Inc |   | First Lien Secured Debt |   | 6.65% (1M L+425, 1.00% Floor) |   | 12/01/21 |   | 4,449 |  |   | 3,896 |  |   | 3,804 |  |   | (9)(10) |
|                                       |   | Second Lien Secured Debt |   | 11.40% (1M L+900, 1.00% Floor) |   | 12/01/22 |   | 31,253 |  |   | 30,677 |  |   | 28,128 |  |   | (9) |
|                                       |   |   |   |   |   |   |   |   |   | 34,573 |  |   | 31,932 |  |   |   |
| Education Personnel                        |   | First Lien Secured Debt |   | 5.55% (3M GBP L+475, 0.50% Floor) |   | 08/31/24 |   | £ | 4,118 |  |   | 5,225 |  |   | 5,192 |  |   | (9)(17) |
|                                       |   | First Lien Secured Debt - Revolver |   | 5.55% (3M GBP L+475, 0.50% Floor) |   | 08/31/24 |   | £ | 1,471 |  |   | 1,866 |  |   | 1,854 |  |   | (9)(17)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.66% Unfunded |   | 08/31/24 |   | £ | 4,412 |  |   | — |  |   | — |  |   | (9)(17)(21)(23) |
|                                       |   |   |   |   |   |   |   |   |   | 7,091 |  |   | 7,046 |  |   |   |
| Electro Rent Corporation                   |   | Second Lien Secured Debt |   | 11.52% (2M L+900, 1.00% Floor) |   | 01/31/25 |   | 34,235 |  |   | 33,456 |  |   | 33,551 |  |   | (9) |
| Jacent Strategic Merchandising             |   | First Lien Secured Debt |   | 8.33% (3M L+575, 1.00% Floor) |   | 04/23/24 |   | 22,750 |  |   | 22,422 |  |   | 22,750 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Revolver |   | 8.08% (3M L+575, 1.00% Floor) |   | 04/23/24 |   | 467 |  |   | 467 |  |   | 467 |  |   | (9)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 04/23/24 |   | 3,033 |  |   | (51 | ) |   | — |  |   | (9)(21)(23) |
|                                       |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 5,000 Shares |  |   | 500 |  |   | 500 |  |   | (9)(13) |
|                                       |   |   |   |   |   |   |   |   |   | 23,338 |  |   | 23,717 |  |   |   |
| McLarens Global Ltd.                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Margaux Acquisition Inc.                   |   | First Lien Secured Debt |   | 8.32% (3M L+600, 1.00% Floor) |   | 12/19/24 |   | 18,943 |  |   | 18,623 |  |   | 18,754 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/19/24 |   | 1,601 |  |   | (29 | ) |   | (16 | ) |   | (8)(9)(21)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 12/19/24 |   | 4,461 |  |   | (106 | ) |   | (45 | ) |   | (8)(9)(21)(23) |
| Margaux UK Finance Limited                 |   | First Lien Secured Debt |   | 7.00% (3M GBP L+600, 1.00% Floor) |   | 12/19/24 |   | £ | 5,940 |  |   | 7,369 |  |   | 7,485 |  |   | (9)(17) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/19/24 |   | £ | 541 |  |   | (12 | ) |   | (7 | ) |   | (8)(9)(17)(21)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 12/19/24 |   | £ | 1,353 |  |   | (31 | ) |   | (17 | ) |   | (8)(9)(17)(21)(23) |
|                                       |   |   |   |   |   |   |   |   |   | 25,814 |  |   | 26,154 |  |   |   |
| Ministry Brands, LLC                       |   | Second Lien Secured Debt |   | 11.58% (3M L+925, 1.00% Floor) |   | 6/2/2023 |   | 10,000 |  |   | 9,908 |  |   | 10,050 |  |   |   |
| Newscycle Solutions, Inc.                  |   | First Lien Secured Debt |   | 9.40% (1M L+700, 1.00% Floor) |   | 12/29/22 |   | 16,427 |  |   | 16,140 |  |   | 16,263 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Revolver |   | 9.40% (1M L+700, 1.00% Floor) |   | 12/29/22 |   | 320 |  |   | 320 |  |   | 317 |  |   | (9)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/29/22 |   | 180 |  |   | (9 | ) |   | (2 | ) |   | (8)(9)(21)(23) |
|                                       |   |   |   |   |   |   |   |   |   | 16,451 |  |   | 16,578 |  |   |   |
| PSI Services, LLC                          |   | First Lien Secured Debt |   | 7.40% (1M L+500, 1.00% Floor) |   | 01/20/23 |   | 4,563 |  |   | 4,495 |  |   | 4,540 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Revolver |   | 10.50% (P+500, 1.00% Floor) |   | 01/20/22 |   | 278 |  |   | 278 |  |   | 277 |  |   | (9)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/20/22 |   | £ | 47 |  |   | — |  |   | — |  |   | (8)(9)(21)(23) |

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|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/20/22 |   | 119 |  |   | (5 | ) |   | (1 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | Second Lien Secured Debt |   | 11.40% (1M L+900, 1.00% Floor) |   | 01/20/24 |   | 37,893 |  |   | 37,154 |  |   | 37,926 |  |   | (9) |
|                                                                  |   |   |   |   |   |   |   |   |   | 41,922 |  |   | 42,742 |  |   |   |
| RA Outdoors, LLC                                                      |   | First Lien Secured Debt |   | 7.15% (1M L+475, 1.00% Floor) |   | 09/11/24 |   | 7,120 |  |   | 7,014 |  |   | 6,942 |  |   | (9) |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/09/22 |   | 1,176 |  |   | (15 | ) |   | (24 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Letter of Credit |   | 4.75% |   | 08/28/19 |   | 24 |  |   | — |  |   | — |  |   | (8)(9)(23) |
|                                                                  |   | Second Lien Secured Debt |   | 11.15% (1M L+875, 1.00% Floor) |   | 09/11/25 |   | 34,200 |  |   | 33,536 |  |   | 33,174 |  |   | (9) |
|                                                                  |   |   |   |   |   |   |   |   |   | 40,535 |  |   | 40,092 |  |   |   |
| STG-Fairway Acquisitions, Inc.                                        |   | Second Lien Secured Debt |   | 11.65% (1M L+925, 1.00% Floor) |   | 06/30/23 |   | 15,000 |  |   | 14,811 |  |   | 14,400 |  |   |   |
| TGG TS Acquisition Company                                            |   | First Lien Secured Debt - Revolver |   | 8.90% (1M L+650) |   | 12/14/23 |   | 290 |  |   | 290 |  |   | 283 |  |   | (23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/14/23 |   | 1,460 |  |   | — |  |   | (37 | ) |   | (8)(21)(23) |
|                                                                  |   |   |   |   |   |   |   |   |   | 290 |  |   | 246 |  |   |   |
| Transplace Holdings, Inc.                                             |   | Second Lien Secured Debt |   | 11.15% (1M L+875, 1.00% Floor) |   | 10/06/25 |   | 8,599 |  |   | 8,429 |  |   | 8,427 |  |   | (10) |
| U.S. Legal Support                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| USLS Acquisition, Inc.                                                |   | First Lien Secured Debt |   | 8.19% (3M L+575, 1.00% Floor) |   | 12/02/24 |   | 19,999 |  |   | 19,638 |  |   | 19,616 |  |   | (9) |
|                                                                  |   | First Lien Secured Debt |   | 8.08% (3M L+575, 1.00% Floor) |   | 12/02/24 |   | 1,738 |  |   | 1,721 |  |   | 1,704 |  |   | (9) |
|                                                                  |   | First Lien Secured Debt - Revolver |   | 8.08% (3M L+575) |   | 12/02/24 |   | 536 |  |   | 536 |  |   | 526 |  |   | (9)(23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/02/24 |   | 986 |  |   | (29 | ) |   | (19 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 12/02/24 |   | 2,948 |  |   | (42 | ) |   | (53 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Letter of Credit |   | 5.75% |   | 10/15/19 - 06/06/20 |   | 86 |  |   | — |  |   | (1 | ) |   | (8)(9)(23) |
| US Legal Support Investment Holdings, LLC                             |   | Common Equity/Interests - Series A-1 Units |   | N/A |   | N/A |   | 631,972 Shares |  |   | 632 |  |   | 684 |  |   | (9)(13) |
|                                                                  |   |   |   |   |   |   |   |   |   | 22,456 |  |   | 22,457 |  |   |   |
| Vertafore, Inc.                                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/30/23 |   | 14,576 |  |   | (1,381 | ) |   | (1,676 | ) |   | (8)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Letter of Credit |   | 3.25% |   | 01/17/20 |   | 424 |  |   | — |  |   | (49 | ) |   | (8)(23) |
|                                                                  |   |   |   |   |   |   |   |   |   | (1,381 | ) |   | (1,725 | ) |   |   |
| Total Business Services                                               |   |   | $ | 355,357 |  |   | $ | 353,536 |  |   |   |
| Chemicals, Plastics & Rubber                                      |   |   |   |   |   |   |   |   |   |   |
| Carbon Free Chemicals                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Carbonfree Caustic SPE LLC                                            |   | First Lien Secured Debt |   | 5.00% |   | 12/31/21 |   | $ | 11,200 |  |   | $ | 11,200 |  |   | $ | 11,200 |  |   |   |
| Carbonfree Chemicals SPE I LLC (f/k/a Maxus Capital Carbon SPE I LLC) |   | First Lien Secured Debt |   | 5.22% PIK |   | 12/31/21 |   | 50,305 |  |   | 50,305 |  |   | 43,732 |  |   |   |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 12/31/21 |   | 1,911 |  |   | — |  |   | — |  |   | (21)(23) |
|                                                                  |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 9,000,000 Shares |  |   | 9,000 |  |   | — |  |   | (13) |
|                                                                  |   |   |   |   |   |   |   |   |   | 70,505 |  |   | 54,932 |  |   |   |

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Table of Contents

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|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
| Hare Bidco, Inc.                      |   | Second Lien Secured Debt |   | 9.75% (3M E+875) |   | 08/01/24 |   | € | 13,574 |  |   | 14,475 |  |   | 15,304 |  |   |   |
| Westfall Technik, Inc.                |   | First Lien Secured Debt |   | 7.83% (3M L+550, 1.00% Floor) |   | 09/13/24 |   | 15,132 |  |   | 14,953 |  |   | 14,981 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Revolver |   | 8.04% (3M L+550, 1.00% Floor) |   | 09/13/24 |   | 1,077 |  |   | 1,077 |  |   | 1,066 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/13/24 |   | 942 |  |   | (35 | ) |   | (9 | ) |   | (8)(9)(21)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 09/13/24 |   | 13,774 |  |   | (225 | ) |   | (138 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 15,770 |  |   | 15,900 |  |   |   |
| Total Chemical, Plastics & Rubber |   |   | $ | 100,750 |  |   | $ | 86,136 |  |   |   |
| Construction & Building           |   |   |   |   |   |   |   |   |   |   |
| Englert                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gutter Buyer, Inc.                    |   | First Lien Secured Debt |   | 8.66% (1M L+625, 1.00% Floor) |   | 03/06/25 |   | $ | 23,864 |  |   | $ | 23,298 |  |   | $ | 23,276 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/06/24 |   | 2,727 |  |   | (64 | ) |   | (67 | ) |   | (8)(9)(21)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 03/06/25 |   | 3,409 |  |   | (48 | ) |   | (50 | ) |   | (8)(9)(21)(23) |
| Gutter Holdings, LP                   |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 500 Shares |  |   | 500 |  |   | 551 |  |   | (9)(13) |
| Total Construction & Building     |   |   | $ | 23,686 |  |   | $ | 23,710 |  |   |   |
| Consumer Goods – Durable        |   |   |   |   |   |   |   |   |   |   |
| Hayward Industries, Inc.              |   | Second Lien Secured Debt |   | 10.65% (1M L+825) |   | 08/04/25 |   | $ | 21,919 |  |   | $ | 21,661 |  |   | $ | 21,590 |  |   |   |
| KDC US Holdings                       |   | First Lien Secured Debt - Revolver |   | 7.75% (P+225) |   | 12/21/23 |   | 1,445 |  |   | 1,445 |  |   | 1,323 |  |   | (23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.25% Unfunded |   | 12/21/23 |   | 4,471 |  |   | — |  |   | (376 | ) |   | (8)(21)(23) |
|                                  |   | First Lien Secured Debt - Letters of Credit |   | 3.25% |   | 12/31/19 - 03/08/20 |   | 104 |  |   | — |  |   | (9 | ) |   | (8)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 1,445 |  |   | 938 |  |   |   |
| KLO Holdings                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 9357-5991 Quebec Inc.                 |   | First Lien Secured Debt |   | 10.25% (1M L+775) |   | 04/07/22 |   | 8,763 |  |   | 8,702 |  |   | 7,447 |  |   | (13)(14) |
| KLO Acquisition LLC                   |   | First Lien Secured Debt |   | 10.25% (1M L+775) |   | 04/07/22 |   | 5,073 |  |   | 5,038 |  |   | 4,311 |  |   | (13)(14) |
|                                  |   |   |   |   |   |   |   |   |   | 13,740 |  |   | 11,758 |  |   |   |
| Project Comfort Buyer, Inc.           |   | First Lien Secured Debt |   | 9.81% (6M L+700, 1.00% Floor) |   | 02/03/25 |   | 23,621 |  |   | 22,960 |  |   | 23,384 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/01/24 |   | 3,462 |  |   | (95 | ) |   | (35 | ) |   | (8)(9)(21)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 02/03/25 |   | 2,308 |  |   | (32 | ) |   | (23 | ) |   | (8)(9)(21)(23) |
|                                  |   | Preferred Equity - Preferred Equity |   | N/A |   | N/A |   | 461,538 Shares |  |   | 462 |  |   | 508 |  |   | (9)(13) |
|                                  |   |   |   |   |   |   |   |   |   | 23,295 |  |   | 23,834 |  |   |   |
| Sorenson Holdings, LLC                |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 587 Shares |  |   | — |  |   | 477 |  |   | (10)(13) |
| Total Consumer Goods - Durable        |   |   | $ | 60,141 |  |   | $ | 58,597 |  |   |   |
| Consumer Goods – Non-durable    |   |   |   |   |   |   |   |   |   |   |
| ABG Intermediate Holdings 2, LLC      |   | Second Lien Secured Debt |   | 10.15% (1M L+775, 1.00% Floor) |   | 09/29/25 |   | $ | 7,229 |  |   | $ | 7,205 |  |   | $ | 7,162 |  |   | (10) |
| BIG Buyer, LLC                        |   | First Lien Secured Debt |   | 8.90% (1M L+650, 1.00% Floor) |   | 11/20/23 |   | 29,190 |  |   | 28,419 |  |   | 28,898 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Revolver |   | 8.90% (1M L+650, 1.00% Floor) |   | 11/20/23 |   | 361 |  |   | 361 |  |   | 357 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/20/23 |   | 1,444 |  |   | (48 | ) |   | (14 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 28,732 |  |   | 29,241 |  |   |   |

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|                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                  |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
| Lion Cashmere Midco Limited         |   | First Lien Secured Debt |   | 8.42% (6M L+575, 1.00% Floor) |   | 03/21/25 |   | 13,053 |  |   | 12,835 |  |   | 12,694 |  |   | (9)(17) |
|                                |   | First Lien Secured Debt - Revolver |   | 6.25% (E+525, 1.00% Floor) |   | 03/21/24 |   | € | 225 |  |   | 256 |  |   | 250 |  |   | (9)(17)(23) |
|                                |   | First Lien Secured Debt - Unfunded Revolver |   | 1.8375% Unfunded |   | 03/21/24 |   | € | 960 |  |   | (22 | ) |   | (30 | ) |   | (8)(9)(17)(21)(23) |
|                                |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 2.0125% Unfunded |   | 03/21/25 |   | € | 2,372 |  |   | (45 | ) |   | (74 | ) |   | (8)(9)(17)(21)(23) |
|                                |   |   |   |   |   |   |   |   |   | 13,024 |  |   | 12,840 |  |   |   |
| Protein For Pets Opco, LLC          |   | First Lien Secured Debt |   | 7.52% (3M L+500, 1.00% Floor) |   | 11/28/25 |   | 12,781 |  |   | 12,529 |  |   | 12,525 |  |   | (9) |
|                                |   | First Lien Secured Debt - Revolver |   | 7.38% (1M L+500, 1.00% Floor) |   | 05/31/24 |   | 178 |  |   | 178 |  |   | 174 |  |   | (9)(23) |
|                                |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 05/31/24 |   | 2,041 |  |   | (57 | ) |   | (41 | ) |   | (8)(9)(21)(23) |
|                                |   |   |   |   |   |   |   |   |   | 12,650 |  |   | 12,658 |  |   |   |
| Reddy Ice Corporation               |   | First Lien Secured Debt |   | 9.94% (1M L+750, 1.00% Floor) |   | 06/30/23 |   | 32,583 |  |   | 32,196 |  |   | 32,583 |  |   | (9) |
|                                |   | First Lien Secured Debt - Revolver |   | 12.00% (P+650) |   | 06/30/23 |   | 2,049 |  |   | 2,049 |  |   | 2,049 |  |   | (9)(23) |
|                                |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/30/23 |   | 295 |  |   | (35 | ) |   | — |  |   | (9)(21)(23) |
|                                |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 3.75% Unfunded |   | 06/30/23 |   | 1,337 |  |   | (10 | ) |   | — |  |   | (9)(21)(23) |
|                                |   | First Lien Secured Debt - Letters of Credit |   | 4.50% |   | 04/05/20 - 04/10/20 |   | 575 |  |   | — |  |   | — |  |   | (9)(23) |
|                                |   |   |   |   |   |   |   |   |   | 34,200 |  |   | 34,632 |  |   |   |
| Sequential Brands Group, Inc.       |   | Second Lien Secured Debt |   | 11.15% (1M L+875) |   | 02/07/24 |   | 12,965 |  |   | 12,866 |  |   | 12,835 |  |   | (17) |
| Total Consumer Goods - Non-Durable  |   |   | $ | 108,677 |  |   | $ | 109,368 |  |   |   |
| Consumer Services                   |   |   |   |   |   |   |   |   |   |   |   |   |
| 1A Smart Start LLC                  |   | Second Lien Secured Debt |   | 10.65% (1M L+825, 1.00% Floor) |   | 08/22/22 |   | $ | 25,100 |  |   | $ | 24,761 |  |   | $ | 24,729 |  |   |   |
| First Heritage Credit, LLC          |   | First Lien Secured Debt |   | 7.15% (1M L+475) |   | 04/02/22 |   | 16,500 |  |   | 16,349 |  |   | 16,331 |  |   | (9) |
|                                |   | First Lien Secured Debt - Revolver |   | 7.90% (1M L+550) |   | 04/02/22 |   | 804 |  |   | 804 |  |   | 797 |  |   | (9)(23) |
|                                |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 04/02/22 |   | 2,946 |  |   | (34 | ) |   | (28 | ) |   | (8)(9)(21)(23) |
|                                |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 04/02/22 |   | 9,750 |  |   | (89 | ) |   | (100 | ) |   | (8)(9)(21)(23) |
|                                |   |   |   |   |   |   |   |   |   | 17,030 |  |   | 17,000 |  |   |   |
| Nemo (BC) Bidco Pty Ltd             |   | First Lien Secured Debt |   | 7.18% (1M BBSW+575, 1.00% Floor) |   | 04/06/24 |   | A$ | 6,768 |  |   | 4,912 |  |   | 4,654 |  |   | (17) |
|                                |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 2.59% Unfunded |   | 04/06/24 |   | A$ | 232 |  |   | (9 | ) |   | (3 | ) |   | (8)(17)(21)(23) |
|                                |   |   |   |   |   |   |   |   |   | 4,903 |  |   | 4,651 |  |   |   |
| Paper Source, Inc.                  |   | First Lien Secured Debt |   | 9.52% (3M L+700, 1.00% Floor) |   | 05/22/24 |   | 11,918 |  |   | 11,685 |  |   | 11,679 |  |   | (9) |
|                                |   | First Lien Secured Debt - Revolver |   | 11.50% (P+600) |   | 05/22/24 |   | 1,274 |  |   | 1,274 |  |   | 1,248 |  |   | (9)(23) |
|                                |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 05/22/24 |   | 1,808 |  |   | (60 | ) |   | (36 | ) |   | (8)(9)(21)(23) |
|                                |   |   |   |   |   |   |   |   |   | 12,899 |  |   | 12,891 |  |   |   |
| Pinstripe Holdings, LLC             |   | First Lien Secured Debt |   | 8.41% (2M L+600) |   | 01/17/25 |   | 6,983 |  |   | 6,853 |  |   | 6,878 |  |   |   |
| Tidewater Consumer Receivables, LLC |   | First Lien Secured Debt |   | 8.15% (1M L+575) |   | 12/28/23 |   | 11,333 |  |   | 11,231 |  |   | 11,220 |  |   | (9)(17) |

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|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                             |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
|                                                           |   | First Lien Secured Debt - Revolver |   | 8.15% (1M L+575) |   | 12/28/23 |   | 792 |  |   | 792 |  |   | 784 |  |   | (9)(17)(23) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.00% Unfunded |   | 12/28/23 |   | 1,542 |  |   | (10 | ) |   | (15 | ) |   | (8)(9)(17)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 12,013 |  |   | 11,989 |  |   |   |
| U.S. Auto Finance, Inc.                                        |   | First Lien Secured Debt |   | 7.07% (3M L+475) |   | 04/17/22 |   | 11,000 |  |   | 10,963 |  |   | 10,956 |  |   | (9) |
|                                                           |   | First Lien Secured Debt - Revolver |   | 7.82% (3M L+550) |   | 04/17/22 |   | 8,652 |  |   | 8,652 |  |   | 8,614 |  |   | (9)(23) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 04/17/22 |   | 11,348 |  |   | (97 | ) |   | (50 | ) |   | (8)(9)(21)(23) |
|                                                           |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 04/17/22 |   | 9,000 |  |   | (56 | ) |   | (41 | ) |   | (8)(9)(21)(23) |
|                                                           |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 2.00% Unfunded |   | 12/31/20 |   | 2,000 |  |   | (54 | ) |   | (54 | ) |   | (8)(9)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 19,408 |  |   | 19,425 |  |   |   |
| Total Consumer Services                                        |   |   | $ | 97,867 |  |   | $ | 97,563 |  |   |   |
| Containers, Packaging & Glass                              |   |   |   |   |   |   |   |   |   |   |
| Sprint Industrial Holdings, LLC                                |   | Second Lien Secured Debt |   | 13.5% PIK |   | 11/14/19 |   | $ | 22,505 |  |   | $ | 22,141 |  |   | $ | 22,289 |  |   |   |
|                                                           |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 7,341 Warrants |  |   | — |  |   | — |  |   | (13)(26) |
|                                                           |   |   |   |   |   |   |   |   |   | 22,141 |  |   | 22,289 |  |   |   |
| TricorBraun Holdings, Inc.                                     |   | First Lien Secured Debt - Revolver |   | 7.75% (P+225) |   | 11/30/21 |   | 1,418 |  |   | 1,418 |  |   | 1,419 |  |   | (23) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/30/21 |   | 4,208 |  |   | (245 | ) |   | — |  |   | (21)(23) |
|                                                           |   | 1,173 |  |   | 1,419 |  |   |   |
| Total Containers, Packaging & Glass                        |   |   | $ | 23,314 |  |   | $ | 23,708 |  |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate |   |   |   |   |   |   |   |   |   |   |
| Alera Group Intermediate Holdings                              |   | First Lien Secured Debt |   | 6.90% (1M L+450) |   | 08/01/25 |   | $ | 19,950 |  |   | $ | 19,786 |  |   | $ | 19,962 |  |   | (10) |
|                                                           |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 08/01/25 |   | 8,000 |  |   | (68 | ) |   | (72 | ) |   | (8)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 19,718 |  |   | 19,890 |  |   |   |
| Compu-Link Corporation                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/11/24 |   | 2,273 |  |   | (51 | ) |   | (51 | ) |   | (8)(9)(21)(23) |
| Exeter Property Group, LLC                                     |   | First Lien Secured Debt |   | 6.90% (1M L+450) |   | 08/28/24 |   | 4,808 |  |   | 4,740 |  |   | 4,738 |  |   | (9) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/28/24 |   | 192 |  |   | (3 | ) |   | (3 | ) |   | (8)(9)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 4,737 |  |   | 4,735 |  |   |   |
| Flock SPV I, LLC                                               |   | First Lien Secured Debt |   | 8.90% (1M L+650) |   | 08/30/22 |   | 9,333 |  |   | 9,270 |  |   | 9,223 |  |   | (9)(17) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/30/22 |   | 1,333 |  |   | (11 | ) |   | (16 | ) |   | (8)(9)(17)(21)(23) |
|                                                           |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 08/30/22 |   | 9,333 |  |   | (84 | ) |   | (111 | ) |   | (8)(9)(17)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 9,175 |  |   | 9,096 |  |   |   |
| Golden Bear 2016-R, LLC (4)                                    |   | Structured Products and Other - Membership Interests |   | N/A |   | 09/20/42 |   | — |  |   | 16,646 |  |   | 12,961 |  |   | (3)(17) |
| Mayfield Agency Borrower Inc.                                  |   | Second Lien Secured Debt |   | 10.90% (1M L+850) |   | 03/02/26 |   | 5,000 |  |   | 4,937 |  |   | 4,944 |  |   | (10) |
| Peer Advisors, LLC                                             |   | First Lien Secured Debt |   | 7.30% (1M L+550, 1.00% Floor) |   | 06/11/24 |   | 22,727 |  |   | 22,222 |  |   | 22,216 |  |   | (9) |
| Purchasing Power, LLC                                          |   | First Lien Secured Debt |   | 7.90% (1M L+550) |   | 08/09/19 |   | 13,906 |  |   | 13,906 |  |   | 13,888 |  |   | (9) |

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|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/09/19 |   | 2,343 |  |   | (1 | ) |   | (3 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 08/09/19 |   | 2,702 |  |   | (6 | ) |   | (4 | ) |   | (8)(9)(21)(23) |
|                                                                  |   |   |   |   |   |   |   |   |   | 13,899 |  |   | 13,881 |  |   |   |
| Taupo River II, LLC                                                   |   | First Lien Secured Debt |   | 7.57% (3M L+525, 1.00% Floor) |   | 06/08/20 |   | 14,000 |  |   | 13,965 |  |   | 13,964 |  |   | (9)(17) |
| Ten-X, LLC                                                            |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/29/22 |   | 4,680 |  |   | (274 | ) |   | (293 | ) |   | (8)(21)(23) |
| Total Diversified Investment Vehicles, Banking, Finance, Real Estate  |   |   | $ | 104,974 |  |   | $ | 101,343 |  |   |   |
| Energy – Electricity                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| AMP Solar Group, Inc. (4)                                             |   | Common Equity/Interests - Class A Common Unit |   | N/A |   | N/A |   | 243,646 Shares |  |   | $ | 10,000 |  |   | $ | 6,485 |  |   | (13)(17) |
| Renew Financial                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| AIC SPV Holdings II, LLC (4)                                          |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 534,375 Shares |  |   | 534 |  |   | 639 |  |   | (15)(17) |
| Renew Financial LLC (f/k/a Renewable Funding, LLC) (4)                |   | Preferred Equity - Series B Preferred Stock |   | N/A |   | N/A |   | 1,505,868 Shares |  |   | 8,343 |  |   | 14,844 |  |   | (13) |
|                                                                  |   | Preferred Equity - Series D Preferred Stock |   | N/A |   | N/A |   | 436,689 Shares |  |   | 5,568 |  |   | 5,955 |  |   | (13) |
| Renew JV LLC (4)                                                      |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | N/A |  |   | 1,827 |  |   | 2,696 |  |   | (13)(17) |
|                                                                  |   |   |   |   |   |   |   |   |   | 16,272 |  |   | 24,134 |  |   |   |
| Solarplicity Group                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Solarplicity Group Limited (4)                                        |   | First Lien Secured Debt |   | N/A |   | 11/30/22 |   | £ | 4,331 |  |   | 5,811 |  |   | 1,761 |  |   | (3)(13)(17) |
| Solarplicity UK Holdings Limited                                      |   | First Lien Secured Debt |   | 4.00% |   | 03/08/23 |   | £ | 5,562 |  |   | 7,637 |  |   | 6,983 |  |   | (17) |
|                                                                  |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 4,286 Shares |  |   | 5,861 |  |   | 4,757 |  |   | (2)(13)(17) |
|                                                                  |   | Common Equity/Interests - Ordinary Shares |   | N/A |   | N/A |   | 2,825 Shares |  |   | 4 |  |   | 81 |  |   | (2)(13)(17) |
|                                                                  |   |   |   |   |   |   |   |   |   | 19,313 |  |   | 13,582 |  |   |   |
| Total Energy – Electricity                                      |   |   | $ | 45,585 |  |   | $ | 44,201 |  |   |   |
| Energy – Oil & Gas                                          |   |   |   |   |   |   |   |   |   |   |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.) (5) |   | First Lien Secured Debt |   | 8.00% Cash (10.00% PIK Toggle) |   | 03/29/20 |   | $ | 7,000 |  |   | $ | 7,000 |  |   | $ | 7,000 |  |   |   |
|                                                                  |   | Second Lien Secured Debt |   | 10.00% PIK Toggle (8.00% Cash) |   | 03/29/21 |   | 34,554 |  |   | 34,554 |  |   | 34,554 |  |   |   |
|                                                                  |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 5,000,000 Shares |  |   | 30,078 |  |   | 681 |  |   | (13) |
|                                                                  |   |   |   |   |   |   |   |   |   | 71,632 |  |   | 42,235 |  |   |   |
| Pelican Energy, LLC (4)                                               |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 1,444 Shares |  |   | 17,508 |  |   | 4,415 |  |   | (13)(16)(17) |
| SHD Oil & Gas, LLC (5)                                            |   | First Lien Secured Debt - Tranche C Note |   | 12.00% |   | 07/31/20 |   | 20,400 |  |   | 20,400 |  |   | 21,012 |  |   |   |
|                                                                  |   | First Lien Secured Debt - Tranche A Note |   | 4.00% |   | 07/31/20 |   | 45,457 |  |   | 45,457 |  |   | 46,821 |  |   |   |
|                                                                  |   | First Lien Secured Debt - Tranche B Note |   | 3% PIK |   | 07/31/20 |   | 82,577 |  |   | 44,380 |  |   | 31,683 |  |   | (13)(14) |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 07/31/20 |   | 1,600 |  |   | — |  |   | — |  |   | (21)(23) |
|                                                                  |   | Common Equity/Interests - Series A Units |   | N/A |   | N/A |   | 7,600,000 Shares |  |   | 1,411 |  |   | — |  |   | (13)(16) |
|                                                                  |   |   |   |   |   |   |   |   |   | 111,648 |  |   | 99,516 |  |   |   |
| Total Energy – Oil & Gas                                    |   |   | $ | 200,788 |  |   | $ | 146,166 |  |   |   |

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|                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                        |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
| Food & Grocery                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bumble Bee Foods                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bumble Bee Holdings, Inc.                 |   | First Lien Secured Debt |   | 10.52% (3M L+800, 1.00% Floor) |   | 08/15/23 |   | $ | 15,312 |  |   | $ | 15,083 |  |   | $ | 14,393 |  |   |   |
| Connors Bros Clover Leaf Seafoods Company |   | First Lien Secured Debt |   | 10.52% (3M L+800, 1.00% Floor) |   | 08/15/23 |   | 4,338 |  |   | 4,273 |  |   | 4,078 |  |   |   |
| Total Food & Grocery                  |   |   | $ | 19,356 |  |   | $ | 18,471 |  |   |   |
| Healthcare & Pharmaceuticals          |   |   |   |   |   |   |   |   |   |   |
| Altasciences                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 9360-1367 Quebec Inc.                     |   | First Lien Secured Debt |   | 8.77% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | C$ | 2,375 |  |   | $ | 1,743 |  |   | $ | 1,749 |  |   | (9)(17) |
|                                      |   | First Lien Secured Debt |   | 8.77% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | $ | 2,862 |  |   | 2,819 |  |   | 2,755 |  |   | (9)(17) |
| Altasciences US Acquisition, Inc.         |   | First Lien Secured Debt |   | 8.77% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 5,123 |  |   | 5,047 |  |   | 4,931 |  |   | (9) |
|                                      |   | First Lien Secured Debt |   | 8.58% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 920 |  |   | 920 |  |   | 885 |  |   | (9)(27) |
|                                      |   | First Lien Secured Debt - Revolver |   | 8.56% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 962 |  |   | 962 |  |   | 926 |  |   | (9)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.25% Unfunded |   | 06/09/23 |   | 463 |  |   | (21 | ) |   | (17 | ) |   | (8)(9)(21)(23)(27) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 06/09/23 |   | 1,931 |  |   | (23 | ) |   | (72 | ) |   | (8)(9)(21)(23)(27) |
|                                      |   |   |   |   |   |   |   |   |   | 11,447 |  |   | 11,157 |  |   |   |
| Amerivet Partners Management, Inc.        |   | First Lien Secured Debt |   | 8.15% (1M L+575, 1.00% Floor) |   | 06/05/24 |   | 15,972 |  |   | 15,741 |  |   | 15,622 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/05/24 |   | 806 |  |   | (17 | ) |   | (18 | ) |   | (8)(9)(21)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 06/05/24 |   | 10,162 |  |   | (204 | ) |   | (222 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 15,520 |  |   | 15,382 |  |   |   |
| Analogic Corporation                      |   | First Lien Secured Debt |   | 8.40% (1M L+600, 1.00% Floor) |   | 06/22/24 |   | 27,186 |  |   | 26,621 |  |   | 26,914 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/22/23 |   | 2,609 |  |   | (52 | ) |   | (26 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 26,569 |  |   | 26,888 |  |   |   |
| Aptevo Therapeutics Inc.                  |   | First Lien Secured Debt |   | 10.00% (1M L+760, 0.50% Floor) |   | 02/01/23 |   | 8,571 |  |   | 8,752 |  |   | 8,549 |  |   | (9) |
| Argon Medical Devices Holdings, Inc.      |   | Second Lien Secured Debt |   | 10.40% (1M L+800, 1.00% Floor) |   | 01/23/26 |   | 19,600 |  |   | 19,519 |  |   | 19,355 |  |   | (10) |
| AVG Intermediate Holdings LLC             |   | First Lien Secured Debt |   | 10.38% (1M L+800, 1.00% Floor) |   | 02/08/24 |   | 6,725 |  |   | 6,586 |  |   | 6,571 |  |   | (9) |
|                                      |   | First Lien Secured Debt |   | 10.36% (1M L+800, 1.00% Floor) |   | 02/08/24 |   | 1,993 |  |   | 1,993 |  |   | 1,948 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 02/08/24 |   | 4,507 |  |   | (135 | ) |   | (103 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 8,444 |  |   | 8,416 |  |   |   |
| BioClinica Holding I, LP                  |   | Second Lien Secured Debt |   | 10.81% (3M L+825, 1.00% Floor) |   | 10/21/24 |   | 24,612 |  |   | 24,264 |  |   | 23,012 |  |   | (10) |
| Cerus Corporation                         |   | First Lien Secured Debt |   | 7.85% (1M L+545, 1.80% Floor) |   | 03/01/24 |   | 12,000 |  |   | 11,943 |  |   | 12,013 |  |   | (9)(17) |
|                                      |   | First Lien Secured Debt - Revolver |   | 6.15% (1M L+375, 1.80% Floor) |   | 03/01/24 |   | 188 |  |   | 188 |  |   | 188 |  |   | (9)(17)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/01/24 |   | 312 |  |   | (1 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 03/01/24 |   | 9,000 |  |   | (42 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 12,088 |  |   | 12,201 |  |   |   |

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Table of Contents

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|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
| Emmes Corporation                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Emmes Blocker, Inc.                   |   | Common Equity - Common Stock |   | N/A |   | N/A |   | 306 Shares |  |   | 306 |  |   | 306 |  |   | (9)(13) |
| The Emmes Company, LLC                |   | First Lien Secured Debt |   | 7.90% (1M L+550, 1.00% Floor) |   | 03/03/25 |   | 12,214 |  |   | 12,041 |  |   | 11,909 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/03/25 |   | 2,449 |  |   | (35 | ) |   | (61 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 12,312 |  |   | 12,154 |  |   |   |
| FPG Services, LLC                     |   | First Lien Secured Debt |   | 7.95% (3M L+550, 1.00% Floor) |   | 06/13/25 |   | 12,632 |  |   | 12,381 |  |   | 12,379 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/13/24 |   | 2,105 |  |   | (42 | ) |   | (42 | ) |   | (8)(9)(21)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 06/13/25 |   | 5,263 |  |   | (52 | ) |   | (53 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 12,287 |  |   | 12,284 |  |   |   |
| GB001, Inc.                           |   | First Lien Secured Debt |   | 8.55% (1M L+615, 2.00% Floor) |   | 05/01/24 |   | 6,000 |  |   | 5,945 |  |   | 5,997 |  |   | (9)(17) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 05/01/24 |   | 24,000 |  |   | (232 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 5,713 |  |   | 5,997 |  |   |   |
| Genesis Healthcare, Inc.              |   | First Lien Secured Debt |   | 8.32% (3M L+600, 0.50% Floor) |   | 03/06/23 |   | 25,000 |  |   | 24,724 |  |   | 24,733 |  |   | (9) |
|                                  |   | First Lien Secured Debt |   | 13.32% (3M L+1100, 1.00% Floor) |   | 03/06/23 |   | 5,478 |  |   | 5,417 |  |   | 5,397 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Revolver |   | 8.32% (3M L+600, 0.50% Floor) |   | 03/06/23 |   | 19,059 |  |   | 19,059 |  |   | 18,862 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Revolver |   | 5.57% (3M L+325, 0.50% Floor) |   | 02/02/20 |   | 10,863 |  |   | 10,863 |  |   | 10,751 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/06/23 |   | 19,898 |  |   | (430 | ) |   | (206 | ) |   | (8)(9)(21)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/02/20 |   | 11,050 |  |   | (64 | ) |   | (114 | ) |   | (8)(9)(21)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 2.00% Unfunded |   | 03/06/23 |   | 3,652 |  |   | — |  |   | (54 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 59,569 |  |   | 59,369 |  |   |   |
| IMA Group Management Company, LLC     |   | First Lien Secured Debt |   | 7.83% (3M L+550, 1.00% Floor) |   | 05/30/24 |   | 4,699 |  |   | 4,654 |  |   | 4,652 |  |   |   |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 05/30/24 |   | 289 |  |   | (3 | ) |   | (3 | ) |   | (8)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 4,651 |  |   | 4,649 |  |   |   |
| Lanai Holdings III, Inc.              |   | Second Lien Secured Debt |   | 11.08% (3M L+850, 1.00% Floor) |   | 08/28/23 |   | 17,391 |  |   | 17,082 |  |   | 16,087 |  |   |   |
| LSCS Holdings, Inc                    |   | Second Lien Secured Debt |   | 10.58% (3M L+825) |   | 03/16/26 |   | 19,818 |  |   | 19,429 |  |   | 19,703 |  |   |   |
| Maxor National Pharmacy Services, LLC |   | First Lien Secured Debt |   | 7.83% (3M L+550, 1.00% Floor) |   | 11/22/23 |   | 24,668 |  |   | 24,220 |  |   | 24,225 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/22/22 |   | 1,558 |  |   | (26 | ) |   | (27 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 24,194 |  |   | 24,198 |  |   |   |
| Orchard Therapeutics plc              |   | First Lien Secured Debt |   | 8.40% (1M L+600, 1.00% Floor) |   | 05/24/24 |   | 8,333 |  |   | 8,292 |  |   | 8,292 |  |   | (9)(17) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 05/24/24 |   | 16,667 |  |   | (82 | ) |   | (84 | ) |   | (8)(9)(17)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 8,210 |  |   | 8,208 |  |   |   |
| Partner Therapeutics, Inc             |   | First Lien Secured Debt |   | 9.05% (1M L+665, 1.00% Floor) |   | 01/01/23 |   | 11,667 |  |   | 11,537 |  |   | 11,512 |  |   | (9) |
|                                  |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 55,556 Shares |  |   | 333 |  |   | 333 |  |   | (9)(13) |
|                                  |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 33,333 Warrants |  |   | 135 |  |   | 89 |  |   | (9)(13) |
|                                  |   |   |   |   |   |   |   |   |   | 12,005 |  |   | 11,934 |  |   |   |

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Table of Contents

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|                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                     |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
| PHS Buyer, Inc.                        |   | First Lien Secured Debt |   | 7.65% (1M L+525, 1.00% Floor) |   | 01/31/25 |   | 12,968 |  |   | 12,696 |  |   | 12,708 |  |   | (9) |
|                                   |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/31/25 |   | 2,000 |  |   | (42 | ) |   | (40 | ) |   | (8)(9)(21)(23) |
|                                   |   |   |   |   |   |   |   |   |   | 12,654 |  |   | 12,668 |  |   |   |
| ProPharma Group Intermediate, LLC      |   | First Lien Secured Debt |   | 8.40% (1M L+600, 0.50% Floor) |   | 07/12/23 |   | € | 6,405 |  |   | 7,239 |  |   | 7,222 |  |   |   |
|                                   |   | First Lien Secured Debt |   | 8.40% (1M L+600, 0.50% Floor) |   | 07/12/23 |   | £ | 1,869 |  |   | 2,428 |  |   | 2,354 |  |   |   |
|                                   |   | First Lien Secured Debt |   | 8.40% (1M L+600, 0.50% Floor) |   | 01/13/20 |   | £ | 2,389 |  |   | 3,118 |  |   | 3,010 |  |   |   |
|                                   |   | First Lien Secured Debt |   | 8.40% (1M L+600, 0.50% Floor) |   | 07/12/23 |   | 11,034 |  |   | 10,936 |  |   | 10,924 |  |   |   |
|                                   |   | First Lien Secured Debt |   | 8.40% (1M L+600, 0.50% Floor) |   | 01/13/20 |   | 411 |  |   | 409 |  |   | 407 |  |   |   |
|                                   |   | First Lien Secured Debt - Revolver |   | 8.40% (1M L+600, 0.50% Floor) |   | 07/12/23 |   | 688 |  |   | 688 |  |   | 681 |  |   | (23) |
|                                   |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 07/12/23 |   | 344 |  |   | (9 | ) |   | (3 | ) |   | (8)(21)(23) |
|                                   |   |   |   |   |   |   |   |   |   | 24,809 |  |   | 24,595 |  |   |   |
| PTC Therapeutics, Inc                  |   | First Lien Secured Debt |   | 8.55% (1M L+615, 1.00% Floor) |   | 05/01/21 |   | 12,139 |  |   | 12,111 |  |   | 12,260 |  |   | (9)(17) |
| RiteDose Holdings I, Inc.              |   | First Lien Secured Debt |   | 8.82% (3M L+650, 1.00% Floor) |   | 09/13/23 |   | 14,775 |  |   | 14,437 |  |   | 14,355 |  |   | (9) |
|                                   |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/13/22 |   | 2,000 |  |   | (42 | ) |   | (48 | ) |   | (8)(9)(21)(23) |
|                                   |   |   |   |   |   |   |   |   |   | 14,395 |  |   | 14,307 |  |   |   |
| Royton Bidco Limited                   |   | First Lien Secured Debt |   | 8.31% (3M L+575, 0.50% Floor) |   | 05/09/25 |   | £ | 15,588 |  |   | 19,721 |  |   | 19,244 |  |   | (9)(17) |
|                                   |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 2.0125% Unfunded |   | 05/09/25 |   | £ | 4,412 |  |   | (84 | ) |   | (84 | ) |   | (8)(9)(17)(21)(23) |
|                                   |   |   |   |   |   |   |   |   |   | 19,637 |  |   | 19,160 |  |   |   |
| Teladoc, Inc.                          |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 07/14/20 |   | 1,306 |  |   | (23 | ) |   | — |  |   | (17)(21)(23) |
|                                   |   | First Lien Secured Debt - Letters of Credit |   | 7.25% |   | 01/13/20 - 05/11/20 |   | 360 |  |   | — |  |   | — |  |   | (17)(23) |
|                                   |   |   |   |   |   |   |   |   |   | (23 | ) |   | — |  |   |   |
| Wright Medical Group, Inc.             |   | First Lien Secured Debt |   | 10.25% (1M L+785, 1.00% Floor) |   | 12/23/21 |   | 6,667 |  |   | 6,575 |  |   | 6,667 |  |   | (9)(17) |
|                                   |   | First Lien Secured Debt - Revolver |   | 6.65% (1M L+425, 0.75% Floor) |   | 12/23/21 |   | 7,666 |  |   | 7,666 |  |   | 7,590 |  |   | (9)(17)(23) |
|                                   |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/23/21 |   | 50,667 |  |   | (321 | ) |   | (507 | ) |   | (8)(9)(17)(21)(23) |
|                                   |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 12/23/21 |   | 11,667 |  |   | (91 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                   |   |   |   |   |   |   |   |   |   | 13,829 |  |   | 13,750 |  |   |   |
| Total Healthcare & Pharmaceuticals |   |   | $ | 399,467 |  |   | $ | 396,283 |  |   |   |
| High Tech Industries                   |   |   |   |   |   |   |   |   |   |   |   |   |
| AMI US Holdings  Inc.                  |   | First Lien Secured Debt |   | 7.90% (1M L+550, 1.00% Floor) |   | 04/01/25 |   | $ | 22,038 |  |   | $ | 21,615 |  |   | $ | 21,597 |  |   | (9) |
|                                   |   | First Lien Secured Debt - Revolver |   | 7.90% (1M L+550) |   | 04/01/24 |   | 581 |  |   | 581 |  |   | 570 |  |   | (9)(23) |
|                                   |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 04/01/24 |   | 2,326 |  |   | (55 | ) |   | (47 | ) |   | (8)(9)(21)(23) |
|                                   |   |   |   |   |   |   |   |   |   | 22,141 |  |   | 22,120 |  |   |   |
| ChargePoint, Inc.                      |   | First Lien Secured Debt |   | 8.95% (1M L+655, 1.25% Floor) |   | 06/01/23 |   | 10,500 |  |   | 10,416 |  |   | 10,438 |  |   | (9) |
| ChyronHego Corporation                 |   | First Lien Secured Debt |   | 7.43% (3M L+643, 1.00% Floor) |   | 03/09/20 |   | 34,346 |  |   | 34,238 |  |   | 31,942 |  |   | (18) |
| DigiCert Holdings, Inc.                |   | Second Lien Secured Debt |   | 10.40% (1M L+800, 1.00% Floor) |   | 10/31/25 |   | 12,157 |  |   | 12,109 |  |   | 12,119 |  |   | (10) |
| FiscalNote, Inc.                       |   | First Lien Secured Debt |   | 10.40% (1M L+800, 1.00% Floor) |   | 08/21/23 |   | 28,125 |  |   | 27,484 |  |   | 27,352 |  |   | (9) |

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|                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                 |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
|                                               |   | First Lien Secured Debt - Revolver |   | 10.40% (1M L+800, 1.00% Floor) |   | 08/21/23 |   | 2,569 |  |   | 2,569 |  |   | 2,498 |  |   | (9)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/21/23 |   | 3,806 |  |   | (96 | ) |   | (105 | ) |   | (8)(9)(21)(23) |
|                                               |   | Preferred Equity - Series F Preferred Stock |   | N/A |   | N/A |   | 259,565 Shares |  |   | 1,500 |  |   | 1,500 |  |   | (9)(13) |
|                                               |   |   |   |   |   |   |   |   |   | 31,457 |  |   | 31,245 |  |   |   |
| International Cruise & Excursion Gallery, Inc. |   | First Lien Secured Debt |   | 7.65% (1M L+525, 1.00% Floor) |   | 06/06/25 |   | 14,850 |  |   | 14,596 |  |   | 14,794 |  |   |   |
| LabVantage Solutions                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LabVantage Solutions Inc.                          |   | First Lien Secured Debt |   | 9.90% (1M L+750, 1.00% Floor) |   | 12/29/20 |   | 11,262 |  |   | 11,151 |  |   | 11,262 |  |   |   |
| LabVantage Solutions Limited                       |   | First Lien Secured Debt |   | 8.50% (E+750) |   | 12/29/20 |   | € | 11,372 |  |   | 12,120 |  |   | 12,951 |  |   | (17) |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/29/20 |   | € | 3,435 |  |   | (30 | ) |   | — |  |   | (17)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 23,241 |  |   | 24,213 |  |   |   |
| Magnate Holding Corp.                              |   | First Lien Secured Debt |   | 8.33% (3M L+600, 1.00% Floor) |   | 12/16/24 |   | 16,670 |  |   | 16,443 |  |   | 16,431 |  |   | (9)(17) |
|                                               |   | First Lien Secured Debt - Revolver |   | 7.33% (3M L+500, 1.00% Floor) |   | 12/14/23 |   | 1,358 |  |   | 1,358 |  |   | 1,339 |  |   | (9)(17)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 1.75% Unfunded |   | 12/14/23 |   | 1,972 |  |   | (44 | ) |   | (28 | ) |   | (8)(9)(17)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 17,757 |  |   | 17,742 |  |   |   |
| New Amsterdam Software BidCo LLC                   |   | First Lien Secured Debt |   | 5.00% (1M E L+500, 1.00% Floor) |   | 05/02/26 |   | € | 743 |  |   | 817 |  |   | 829 |  |   | (9) |
|                                               |   | First Lien Secured Debt |   | 7.40% (1M L+500, 1.00% Floor) |   | 05/02/26 |   | 6,917 |  |   | 6,782 |  |   | 6,778 |  |   | (9) |
|                                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 05/02/26 |   | 2,250 |  |   | (22 | ) |   | (45 | ) |   | (8)(9)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 7,577 |  |   | 7,562 |  |   |   |
| Omnitracs, LLC                                     |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/23/23 |   | 3,750 |  |   | (252 | ) |   | (338 | ) |   | (8)(21)(23) |
| Sirsi Corporation                                  |   | First Lien Secured Debt |   | 7.27% (3M L+475, 1.00% Floor) |   | 03/15/24 |   | 7,027 |  |   | 6,928 |  |   | 6,922 |  |   | (9) |
|                                               |   | First Lien Secured Debt - Revolver |   | 7.20% (3M L+475, 1.00% Floor) |   | 03/15/24 |   | 171 |  |   | 171 |  |   | 169 |  |   | (9)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/15/24 |   | 257 |  |   | (6 | ) |   | (4 | ) |   | (8)(9)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 7,093 |  |   | 7,087 |  |   |   |
| Telestream Holdings Corporation                    |   | First Lien Secured Debt |   | 7.61% (6M L +645, 1.00% Floor) |   | 03/24/22 |   | 35,605 |  |   | 35,396 |  |   | 34,892 |  |   | (18) |
| Tibco Software Inc.                                |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/05/19 |   | 6,000 |  |   | (5 | ) |   | (450 | ) |   | (8)(21)(23) |
| Wall Street Systems Delaware, Inc.                 |   | First Lien Secured Debt |   | 7.40% (1M L+500, 2.00% Floor) |   | 11/21/24 |   | 14,033 |  |   | 13,755 |  |   | 13,963 |  |   |   |
| ZPower, LLC                                        |   | First Lien Secured Debt |   | 10.15% (1M L+775, 1.00% Floor) |   | 07/01/22 |   | 6,333 |  |   | 6,402 |  |   | 6,046 |  |   | (9) |
|                                               |   | Common Equity/Interests- Warrants |   | N/A |   | N/A |   | 29,630 Warrants |  |   | 48 |  |   | — |  |   | (9)(13) |
|                                               |   |   |   |   |   |   |   |   |   | 6,450 |  |   | 6,046 |  |   |   |
| Total High Tech Industries                         |   |   | $ | 235,969 |  |   | $ | 233,375 |  |   |   |
| Hotel, Gaming, Leisure, Restaurants                |   |   |   |   |   |   |   |   |   |   |
| GFRC Holdings LLC                                  |   | First Lien Secured Debt |   | 10.53% (3M L+800 Cash (L+800 PIK Toggle), 1.50% Floor) |   | 02/01/22 |   | $ | 2,500 |  |   | $ | 2,500 |  |   | $ | 2,500 |  |   |  |
| Total Hotel, Gaming, Leisure, Restaurants          |   |   | $ | 2,500 |  |   | $ | 2,500 |  |   |   |

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Table of Contents

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                               |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
| Insurance                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| AQ Sunshine, Inc.                                |   | First Lien Secured Debt |   | 7.90% (1M L+550, 1.00% Floor) |   | 04/15/25 |   | $ | 14,118 |  |   | $ | 13,845 |  |   | $ | 13,838 |  |   | (9) |
|                                             |   | First Lien Secured Debt - Revolver |   | 8.09% (3M L+550, 1.00% Floor) |   | 04/15/24 |   | 588 |  |   | 588 |  |   | 577 |  |   | (9)(23) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 04/15/24 |   | 588 |  |   | (23 | ) |   | (12 | ) |   | (8)(9)(21)(23) |
|                                             |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 04/15/25 |   | 4,706 |  |   | (91 | ) |   | (93 | ) |   | (8)(9)(21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 14,319 |  |   | 14,310 |  |   |   |
| Ivy Finco Limited                                |   | First Lien Secured Debt |   | 7.61% (1M L+525) |   | 06/07/25 |   | £ | 8,836 |  |   | 10,927 |  |   | 10,936 |  |   | (9)(17) |
|                                             |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.84% Unfunded |   | 06/07/25 |   | £ | 8,664 |  |   | (150 | ) |   | (303 | ) |   | (8)(9)(17)(21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 10,777 |  |   | 10,633 |  |   |   |
| Total Insurance                                  |   |   | $ | 25,096 |  |   | $ | 24,943 |  |   |   |
| Manufacturing, Capital Equipment                 |   |   |   |   |   |   |
| AVAD                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| AVAD Canada Ltd.                                 |   | First Lien Secured Debt - Revolver |   | 6.40% (1M L+400, 1.00% Floor) |   | 10/02/23 |   | $ | 1,000 |  |   | $ | 983 |  |   | $ | 983 |  |   | (9)(23) |
| AVAD, LLC                                        |   | First Lien Secured Debt |   | 10.15% (1M L+775, 1.00% Floor) |   | 10/02/23 |   | 9,411 |  |   | 9,248 |  |   | 9,223 |  |   | (9) |
|                                             |   | First Lien Secured Debt - Revolver |   | 6.40% (1M L+400, 1.00% Floor) |   | 10/02/23 |   | 13,918 |  |   | 13,918 |  |   | 13,677 |  |   | (9)(23) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 10/02/23 |   | 1,748 |  |   | (267 | ) |   | (30 | ) |   | (8)(9)(21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 23,882 |  |   | 23,853 |  |   |   |
| Kauffman                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Kauffman Holdco, LLC                             |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 250,000 Shares |  |   | 250 |  |   | 250 |  |   | (9)(13) |
| Kauffman Intermediate, LLC                       |   | First Lien Secured Debt |   | 8.08% (3M L+575, 1.00% Floor) |   | 05/08/25 |   | 17,436 |  |   | 17,096 |  |   | 17,262 |  |   | (9) |
|                                             |   | First Lien Secured Debt - Revolver |   | 8.08% (3M L+575, 1.00% Floor) |   | 05/08/25 |   | 777 |  |   | 777 |  |   | 769 |  |   | (9)(23) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 05/08/25 |   | 1,787 |  |   | (50 | ) |   | (18 | ) |   | (8)(9)(21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 18,073 |  |   | 18,263 |  |   |   |
| MedPlast Holdings Inc.                           |   | Second Lien Secured Debt |   | 10.08% (3M L+775) |   | 07/02/26 |   | 8,000 |  |   | 7,930 |  |   | 7,900 |  |   | (10) |
| Total Manufacturing, Capital Equipment           |   |   | $ | 49,885 |  |   | $ | 50,016 |  |   |   |
| Media – Diversified & Production       |   |   |   |   |   |   |   |   |   |   |
| SESAC Holdco II LLC                              |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/23/22 |   | $ | 587 |  |   | $ | (28 | ) |   | $ | (44 | ) |   | (8)(10)(21)(23) |
|                                             |   | Second Lien Secured Debt |   | 9.65% (1M L+725, 1.00% Floor) |   | 02/24/25 |   | 3,241 |  |   | 3,218 |  |   | 3,209 |  |   | (10) |
|                                             |   |   |   |   |   |   |   |   |   | 3,190 |  |   | 3,165 |  |   |   |
| Sonar Entertainment, Inc.                        |   | First Lien Secured Debt |   | 10.00% (1M L+760, 1.25% Floor) |   | 11/15/21 |   | 8,964 |  |   | 8,840 |  |   | 8,807 |  |   | (9) |
|                                             |   | First Lien Secured Debt - Revolver |   | 10.00% (1M L+760, 1.25% Floor) |   | 11/15/21 |   | 7,227 |  |   | 7,227 |  |   | 7,101 |  |   | (9)(23) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/15/21 |   | 15,604 |  |   | (316 | ) |   | (274 | ) |   | (8)(9)(21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 15,751 |  |   | 15,634 |  |   |   |
| Total Media – Diversified & Production |   |   | $ | 18,941 |  |   | $ | 18,799 |  |   |   |
| Metals & Mining                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Magnetation, LLC                                 |   | First Lien Secured Debt |   | 10.32% (3M L+800 Cash (PIKToggle)) |   | 12/31/19 |   | $ | 1,213 |  |   | $ | 1,134 |  |   | $ | 530 |  |   | (13)(14) |
| Total Metals & Mining                        |   |   | $ | 1,134 |  |   | $ | 530 |  |   |   |

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|                                                  |
|--------------------------------------------------|
|                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                               |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |  |
| Telecommunications                               |   |   |   |   |   |   |
| IPC Corporation                                  |   | First Lien Secured Debt |   | 7.58% (3M L+500, 1.00% Floor) |   | 08/06/21 |   | $ | 10,000 |  |   | $ | 9,936 |  |   | $ | 8,888 |  |   | (9) |
| Securus Technologies Holdings, Inc.              |   | Second Lien Secured Debt |   | 10.58% (3M L+825, 1.00% Floor) |   | 11/01/25 |   | 12,878 |  |   | 12,776 |  |   | 11,848 |  |   | (10) |
| Total Telecommunications                         |   |   | $ | 22,712 |  |   | $ | 20,736 |  |   |   |
| Transportation – Cargo, Distribution       |   |   |   |   |   |   |   |   |   |   |
| Dynamic Product Tankers, LLC (5)                 |   | First Lien Secured Debt |   | 9.33% (3M L+700) |   | 06/30/23 |   | $ | 42,000 |  |   | $ | 41,840 |  |   | $ | 42,000 |  |   | (17) |
|                                             |   | First Lien Secured Debt - Letters of Credit |   | 2.25% |   | 9/20/19 - 03/31/21 |   | 6,050 |  |   | — |  |   | — |  |   | (17)(23) |
|                                             |   | Common Equity/Interests - Class A Units |   | N/A |   | N/A |   | N/A |  |   | 49,806 |  |   | 36,685 |  |   | (17)(24) |
|                                             |   |   |   |   |   |   |   |   |   | 91,646 |  |   | 78,685 |  |   |   |
| MSEA Tankers LLC (5)                             |   | Common Equity/Interests - Class A Units |   | N/A |   | N/A |   | N/A |  |   | 74,450 |  |   | 72,859 |  |   | (17)(25) |
| PT Intermediate Holdings III, LLC                |   | Second Lien Secured Debt |   | 10.33% (3M L+800, 1.00% Floor) |   | 12/08/25 |   | 9,375 |  |   | 9,299 |  |   | 9,094 |  |   |  |
| Total Transportation – Cargo, Distribution |   |   | $ | 175,395 |  |   | $ | 160,638 |  |   |   |
| Utilities – Electric                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Repackaging Trust Six B.V.                 |   | Structured Products and Other |   | 12.06% |   | 05/18/27 |   | $ | 58,411 |  |   | $ | 26,602 |  |   | $ | 32,564 |  |   | (11)(17)(19) |
| Total Utilities – Electric                 |   |   | $ | 26,602 |  |   | $ | 32,564 |  |   |   |
| Total Investments before Cash Equivalents        |   |   |   | $ | 2,683,123 |  |   | $ | 2,620,312 |  |   |  |
| J.P. Morgan U.S. Government Money Market Fund    |   | N/A |   | N/A |   | N/A |   | $ | 29,210 |  |   | $ | 29,210 |  |   | $ | 29,210 |  |   | (22) |
| Total Investments after Cash Equivalents         |   |   |   | $ | 2,712,333 |  |   | $ | 2,649,522 |  |   | (6)(7) |

|     |                                                                                                                                                         |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Fair value is determined in good faith by or under the direction of the Board of Directors of the Company (See Note 2 to the financial statements). |

|     |                                                                                                           |
|-----|-----------------------------------------------------------------------------------------------------------|
| (2) | Preferred and ordinary shares in Solarplicity UK Holdings Limited are GBP denominated equity investments. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Denotes investments in which the Company owns greater than 25% of the equity, where the governing documents of each entity preclude the Company from exercising a controlling influence over the management or policies of such entity. The Company does not have the right to elect or appoint more than 25% of the directors or another party has the right to elect or appoint more directors than the Company and has the right to appoint certain members of senior management. Therefore, the Company has determined that these entities are not controlled affiliates. As of June 30, 2019, we had a 100% and 28% equity ownership interest in Golden Bear 2016-R, LLC and Solarplicity Group Limited, respectively. Equity ownership in Solarplicity Group Limited was written off as it was deemed worthless. |

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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | Denotes investments in which we are an “Affiliated Person,” as defined in the 1940 Act, due to holding the power to vote or owning 5% or more of the outstanding voting securities of the investment but not controlling the company. Fair value as of March 31, 2019 and June 30, 2019 along with transactions during the three months ended June 30, 2019 in these affiliated investments are as follows: |

|                                                                              |
|------------------------------------------------------------------------------|
|                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name of Issuer                                                               | Fair Value at March 31, 2019 | Gross Additions ● | Gross Reductions ■ | Net Change in Unrealized Gains (Losses) | Fair Value at June 30, 2019 | Net Realized Gains (Losses) | Interest/Dividend/Other Income |
| AIC SPV Holdings II, LLC, Preferred Stock                                    | $ | 440 |  | $ | — |  | $ | — |  | $ | 199 |  | $ | 639 |  | $ | — |  | $ | 22 |  |
| AMP Solar Group, Inc., Class A Common Unit                                   | 6,236 |  | — |  | — |  | 249 |  | 6,485 |  | — |  | — |  |
| Golden Bear 2016-R, LLC, Membership Interests                                | 12,936 |  | 1 |  | — |  | 24 |  | 12,961 |  | — |  | 297 |  |
| Pelican Energy, LLC, Membership Interests                                    | 5,320 |  | — |  | (867 | ) | (38 | ) | 4,415 |  | — |  | — |  |
| Renew Financial LLC (f/k/a Renewable Funding, LLC), Series B Preferred Stock | 14,573 |  | — |  | — |  | 271 |  | 14,844 |  | — |  | — |  |
| Renew Financial LLC (f/k/a Renewable Funding, LLC), Series D Preferred Stock | 5,890 |  | — |  | — |  | 65 |  | 5,955 |  | — |  | — |  |
| Renew JV LLC, Membership Interests                                           | 2,296 |  | 223 |  | (192 | ) | 369 |  | 2,696 |  | (2 | ) | — |  |
| SquareTwo (CA Holdings, Collect America, Ltd.)                               | — |  | — |  | — |  | — |  | — |  | 1,091 |  | — |  |
| Solarplicity Group Limited, First Lien Term Loan                             | 1,990 |  | — |  | — |  | (229 | ) | 1,761 |  | — |  | — |  |
|                                                                         | $ | 49,681 |  | $ | 224 |  | $ | (1,059 | ) | $ | 910 |  | $ | 49,756 |  | $ | 1,089 |  | $ | 319 |  |

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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (5) | Denotes investments in which we are deemed to exercise a controlling influence over the management or policies of a company, as defined in the 1940 Act, due to beneficially owning, either directly or through one or more controlled companies, more than 25% of the outstanding voting securities of the investment. Fair value as of March 31, 2019 and June 30, 2019 along with transactions during the three months ended June 30, 2019 in these controlled investments are as follows: |

|                                                                                          |
|------------------------------------------------------------------------------------------|
|                                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name of Issuer                                                                           | Fair Value at March 31, 2019 | Gross Additions ● | Gross Reductions ■ | Net Change in Unrealized Gains (Losses) | Fair Value at June 30, 2019 | Net Realized Gains (Losses) | Interest/Dividend/Other Income |
| Dynamic Product Tankers, LLC, First Lien Term Loan                                       | $ | 42,000 |  | $ | 10 |  | $ | — |  | $ | (10 | ) | $ | 42,000 |  | $ | — |  | $ | 1,050 |  |
| Dynamic Product Tankers, LLC, Letters of Credit                                          | — |  | — |  | — |  | — |  | — |  | — |  | 16 |  |
| Dynamic Product Tankers, LLC, Class A Units                                              | 36,879 |  | — |  | — |  | (194 | ) | 36,685 |  | — |  | — |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), First Lien Term Loan  | 9,000 |  | — |  | (2,000 | ) | — |  | 7,000 |  | — |  | 160 |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), Second Lien Term Loan | 33,705 |  | 851 |  | — |  | (2 | ) | 34,554 |  | — |  | 878 |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), Common Stock          | 3,346 |  | — |  | — |  | (2,665 | ) | 681 |  | — |  | — |  |
| Merx Aviation Finance, LLC, Letter of Credit                                             | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| Merx Aviation Finance, LLC, Revolver                                                     | 371,200 |  | 5,500 |  | (51,500 | ) | — |  | 325,200 |  | — |  | 10,301 |  |
| Merx Aviation Finance, LLC, Membership Interests                                         | 54,281 |  | — |  | — |  | 1,434 |  | 55,715 |  | — |  | — |  |
| MSEA Tankers LLC, Class A Units                                                          | 73,369 |  | — |  | — |  | (510 | ) | 72,859 |  | — |  | — |  |
| SHD Oil & Gas, LLC, Tranche A Note                                                   | 46,821 |  | — |  | — |  | — |  | 46,821 |  | — |  | 464 |  |
| SHD Oil & Gas, LLC, Tranche B Note                                                   | 39,432 |  | — |  | — |  | (7,749 | ) | 31,683 |  | — |  | — |  |
| SHD Oil & Gas, LLC, Tranche C Note                                                   | 21,012 |  | — |  | — |  | — |  | 21,012 |  | — |  | 619 |  |
| SHD Oil & Gas, LLC, Unfunded Tranche C Note                                          | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| SHD Oil & Gas, LLC, Series A Units                                                   | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
|                                                                                     | $ | 731,045 |  | $ | 6,361 |  | $ | (53,500 | ) | $ | (9,696 | ) | $ | 674,210 |  | $ | — |  | $ | 13,488 |  |

|       |                                                                                                                                                                                                                                                                                                                                         |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | As of June 30, 2019, the Company had a 85%, 47%, 100%, 98% and 38% equity ownership interest in Dynamic Product Tankers, LLC; Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.); Merx Aviation Finance, LLC; MSEA Tankers, LLC; and SHD Oil & Gas, LLC (f/k/a Spotted Hawk Development LLC), respectively. |

|     |                                                                                                                                                                                    |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (6) | Aggregate gross unrealized gain and loss for federal income tax purposes is $130,316 and $203,651, respectively. Net unrealized loss is $73,337 based on a tax cost of $2,722,858. |

|     |                                                                                                                                                                                                                                                                                              |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (7) | Substantially all securities are pledged as collateral to our multi-currency revolving credit facility (the “Senior Secured Facility” as defined in Note 8 to the financial statements). As such, these securities are not available as collateral to our general creditors. |

|     |                                                                                 |
|-----|---------------------------------------------------------------------------------|
| (8) | The negative fair value is the result of the commitment being valued below par. |

|     |                                                                                                                                                                                                                                                                                                                                       |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (9) | These are co-investments made with the Company’s affiliates in accordance with the terms of the exemptive order the Company received from the Securities and Exchange Commission (the “SEC”) permitting us to do so. See Note 3 to the financial statements for discussion of the exemptive order from the SEC. |

|      |                                                                                                                                                                                                                                                                                                                                              |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (10) | Other than the investments noted by this footnote, the fair value of the Company’s investments is determined using unobservable inputs that are significant to the overall fair value measurement. See Note 2 to the financial statements for more information regarding ASC 820, Fair Value Measurements (“ASC 820”). |

|      |                                                                                                                                                                                                                            |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (11) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions that are exempt from registration, normally to qualified institutional buyers. |

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|      |                                                                                                                                                                                                        |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (12) | Par amount is denominated in USD unless otherwise noted, Euro (“€”), British Pound (“£”), Canadian Dollar (“C$”), Australian Dollar (“A$”). |

|      |                                |
|------|--------------------------------|
| (13) | Non-income producing security. |

|      |                                                                  |
|------|------------------------------------------------------------------|
| (14) | Non-accrual status (See Note 2 to the financial statements). |

|      |                                                                                                                                                              |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (15) | The underlying investments of AIC SPV Holdings II, LLC is a securitization in which the Company owns preferred shares representing 14.25% economic interest. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (16) | AIC Spotted Hawk Holdings, LLC, AIC SHD Holdings, LLC and AIC Pelican Holdings, LLC are consolidated wholly-owned special purpose vehicles which only hold equity investments of the underlying portfolio companies and have no other significant assets or liabilities. AIC Spotted Hawk Holdings, LLC and AIC SHD Holdings, LLC hold equity investments in SHD Oil & Gas, LLC. AIC Pelican Holdings, LLC holds an equity investment in Pelican Energy, LLC. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (17) | Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act is subject to change. The Company monitors the status of these assets on an ongoing basis. As of June 30, 2019, non-qualifying assets represented approximately 16.33% of the total assets of the Company. |

|      |                                                                                                                                                                                                          |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (18) | In addition to the interest earned based on the stated rate of this loan, the Company may be entitled to receive additional interest as a result of its arrangement with other lenders in a syndication. |

|      |                                                                                                                                                       |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
| (19) | This investment represents a leveraged subordinated interest in a trust that holds one foreign currency denominated bond and a derivative instrument. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (20) | Generally, the interest rate on floating interest rate investments is at benchmark rate plus spread. The borrower has an option to choose the benchmark rate, such as the London Interbank Offered Rate (“LIBOR”), the Euro Interbank Offered Rate (“EURIBOR”), the federal funds rate or the prime rate. The spread may change based on the type of rate used. The terms in the Schedule of Investments disclose the actual interest rate in effect as of the reporting period. LIBOR loans are typically indexed to 30-day, 60-day, 90-day or 180-day LIBOR rates (1M L, 2M L, 3M L or 6M L, respectively), and EURIBOR loans are typically indexed to 90-day EURIBOR rates (3M E), at the borrower’s option. LIBOR and EURIBOR loans may be subject to interest floors. As of June 30, 2019, rates for 1M L, 2M L, 3M L, 6M L, 1M E, 3M E, 1M BBSW, 3M BBSW, 3M GBP L, 1M E L and Prime are 2.40%, 2.33%, 2.32%, 2.20%, (0.39%), (0.35%), 1.27%, 1.25%, 0.77%, (0.42%) and 5.50%, respectively. |

|      |                                                                                                                                         |
|------|-----------------------------------------------------------------------------------------------------------------------------------------|
| (21) | The rates associated with these undrawn committed revolvers and delayed draw term loans represent rates for commitment and unused fees. |

|      |                                                                                                         |
|------|---------------------------------------------------------------------------------------------------------|
| (22) | This security is included in the Cash and Cash Equivalents on the Statements of Assets and Liabilities. |

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Table of Contents

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (23) | As of June 30, 2019, the Company had the following commitments to fund various revolving and delayed draw senior secured and subordinated loans, including commitments to issue letters of credit through a financial intermediary on behalf of certain portfolio companies. Such commitments are subject to the satisfaction of certain conditions set forth in the documents governing these loans and letters of credit and there can be no assurance that such conditions will be satisfied. See Note 10 to the financial statements for further information on revolving and delayed draw loan commitments, including commitments to issue letters of credit, related to certain portfolio companies. |

|                                                                       |
|-----------------------------------------------------------------------|
|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |
| Portfolio Company                                                     | Total Commitment | Drawn Commitment | Letters of Credit | Undrawn Commitment |
| Aero Operating LLC                                                    | $ | 4,812 |  | $ | — |  | $ | 1,039 |  | $ | 3,773 |  |
| Alera Group Intermediate Holdings                                     | 8,000 |  | — |  | — |  | 8,000 |  |
| Altasciences US Acquisition, Inc.                                     | 3,357 |  | 962 |  | — |  | 2,395 |  |
| Amerivet Partners Management, Inc.                                    | 10,968 |  | — |  | — |  | 10,968 |  |
| AMI US Holdings Inc.                                                  | 2,907 |  | 581 |  | — |  | 2,326 |  |
| Analogic Corporation                                                  | 2,609 |  | — |  | — |  | 2,609 |  |
| AQ Sunshine, Inc.                                                     | 5,882 |  | 588 |  | — |  | 5,294 |  |
| Arlington Industries Group Limited*                                   | 5,103 |  | 2,044 |  | — |  | 3,059 |  |
| AVAD                                                                  | 16,666 |  | 14,918 |  | — |  | 1,748 |  |
| AVG Intermediate Holdings LLC                                         | 4,507 |  | — |  | — |  | 4,507 |  |
| BIG Buyer, LLC                                                        | 1,805 |  | 361 |  | — |  | 1,444 |  |
| Carbonfree Chemicals SPE I LLC (f/k/a Maxus Capital Carbon SPE I LLC) | 1,911 |  | — |  | — |  | 1,911 |  |
| Cerus Corporation                                                     | 9,500 |  | 188 |  | — |  | 9,312 |  |
| Claritas, LLC                                                         | 1,031 |  | 129 |  | — |  | 902 |  |
| Compu-Link Corporation                                                | 2,273 |  | — |  | — |  | 2,273 |  |
| Continuum Global Solutions, LLC                                       | 10,770 |  | 941 |  | — |  | 9,829 |  |
| Dynamic Product Tankers, LLC                                          | 6,050 |  | — |  | 6,050 |  | — |  |
| Eagle Foods Family Group, LLC                                         | 3,750 |  | 917 |  | — |  | 2,833 |  |
| Education Personnel*                                                  | 7,487 |  | 1,872 |  | — |  | 5,615 |  |
| Erickson Inc                                                          | 45,000 |  | 30,313 |  | 6,436 |  | 8,251 |  |
| Exeter Property Group, LLC                                            | 192 |  | — |  | — |  | 192 |  |
| First Heritage Credit, LLC                                            | 13,500 |  | 804 |  | — |  | 12,696 |  |
| FiscalNote, Inc.                                                      | 6,375 |  | 2,569 |  | — |  | 3,806 |  |
| Flock SPV I, LLC                                                      | 10,667 |  | — |  | — |  | 10,667 |  |
| Florida Food Products, LLC                                            | 1,713 |  | 1,473 |  | — |  | 240 |  |
| FPG Services, LLC                                                     | 7,368 |  | — |  | — |  | 7,368 |  |
| GB001, Inc.                                                           | 24,000 |  | — |  | — |  | 24,000 |  |
| Genesis Healthcare, Inc.                                              | 64,522 |  | 29,922 |  | — |  | 34,600 |  |
| Gutter Buyer, Inc.                                                    | 6,136 |  | — |  | — |  | 6,136 |  |
| IMA Group Management Company, LLC                                     | 289 |  | — |  | — |  | 289 |  |
| Ivy Finco Limited*                                                    | 11,027 |  | — |  | — |  | 11,027 |  |
| Jacent Strategic Merchandising                                        | 3,500 |  | 467 |  | — |  | 3,033 |  |
| Kauffman Intermediate, LLC                                            | 2,564 |  | 777 |  | — |  | 1,787 |  |
| KDC US Holdings                                                       | 6,020 |  | 1,445 |  | 104 |  | 4,471 |  |
| LabVantage Solutions Limited*                                         | 3,912 |  | — |  | — |  | 3,912 |  |
| Lion Cashmere Midco Limited*                                          | 4,050 |  | 256 |  | — |  | 3,794 |  |
| Magnate Holding Corp.                                                 | 3,330 |  | 1,358 |  | — |  | 1,972 |  |
| Maxor National Pharmacy Services, LLC                                 | 1,558 |  | — |  | — |  | 1,558 |  |
| McLarens Global Ltd.*                                                 | 8,474 |  | — |  | — |  | 8,474 |  |
| Merx Aviation Finance, LLC                                            | 177 |  | — |  | 177 |  | — |  |
| Nemo (BC) Bidco Pty Ltd*                                              | 163 |  | — |  | — |  | 163 |  |
| New Amsterdam Software BidCo LLC                                      | 2,250 |  | — |  | — |  | 2,250 |  |
| Newscycle Solutions, Inc.                                             | 500 |  | 320 |  | — |  | 180 |  |
| Omnitracs, LLC                                                        | 3,750 |  | — |  | — |  | 3,750 |  |

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Table of Contents

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |  |  |  |  |  |  |
| Portfolio Company                   | Total Commitment | Drawn Commitment | Letters of Credit | Undrawn Commitment |
| Orchard Therapeutics plc            | 16,667 |  | — |  | — |  | 16,667 |  |
| Paper Source, Inc.                  | 3,082 |  | 1,274 |  | — |  | 1,808 |  |
| PHS Buyer, Inc.                     | 2,000 |  | — |  | — |  | 2,000 |  |
| Project Comfort Buyer, Inc.         | 5,769 |  | — |  | — |  | 5,769 |  |
| ProPharma Group Intermediate, LLC*  | 1,032 |  | 688 |  | — |  | 344 |  |
| Protein For Pets Opco, LLC          | 2,219 |  | 178 |  | — |  | 2,041 |  |
| PSI Services, LLC*                  | 457 |  | 278 |  | — |  | 179 |  |
| Purchasing Power, LLC               | 5,045 |  | — |  | — |  | 5,045 |  |
| RA Outdoors, LLC                    | 1,200 |  | — |  | 24 |  | 1,176 |  |
| Reddy Ice Corporation               | 4,257 |  | 2,050 |  | 575 |  | 1,632 |  |
| RiteDose Holdings I, Inc.           | 2,000 |  | — |  | — |  | 2,000 |  |
| Royton Bidco Limited*               | 5,615 |  | — |  | — |  | 5,615 |  |
| SESAC Holdco II LLC                 | 587 |  | — |  | — |  | 587 |  |
| SHD Oil & Gas, LLC              | 1,600 |  | — |  | — |  | 1,600 |  |
| Simplifi Holdings, Inc.             | 2,400 |  | — |  | — |  | 2,400 |  |
| Sirsi Corporation                   | 428 |  | 171 |  | — |  | 257 |  |
| Sonar Entertainment, Inc.           | 22,831 |  | 7,227 |  | — |  | 15,604 |  |
| Teladoc, Inc.                       | 1,666 |  | — |  | 360 |  | 1,306 |  |
| Ten-X, LLC                          | 4,680 |  | — |  | — |  | 4,680 |  |
| TGG TS Acquisition Company          | 1,750 |  | 290 |  | — |  | 1,460 |  |
| The Emmes Company, LLC              | 2,449 |  | — |  | — |  | 2,449 |  |
| THLP CO. LLC                        | 10,112 |  | — |  | — |  | 10,112 |  |
| Tibco Software Inc.                 | 6,000 |  | — |  | — |  | 6,000 |  |
| Tidewater Consumer Receivables, LLC | 2,333 |  | 791 |  | — |  | 1,542 |  |
| TNT Crust LLC                       | 3,252 |  | — |  | — |  | 3,252 |  |
| TricorBraun Holdings, Inc.          | 5,626 |  | 1,418 |  | — |  | 4,208 |  |
| U.S. Auto Finance, Inc.             | 31,000 |  | 8,652 |  | — |  | 22,348 |  |
| USLS Acquisition, Inc.              | 4,556 |  | 536 |  | 86 |  | 3,934 |  |
| Vertafore, Inc.                     | 15,000 |  | — |  | 424 |  | 14,576 |  |
| Westfall Technik, Inc.              | 15,794 |  | 1,077 |  | — |  | 14,717 |  |
| Wright Medical Group, Inc.          | 70,000 |  | 7,666 |  | — |  | 62,334 |  |
| Total Commitments                   | $ | 591,832 |  | $ | 125,501 |  | $ | 15,275 |  | $ | 451,056 |  |

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Table of Contents

|      |                                                                                                                                                                                                                                                                                                                                                                         |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (24) | As of June 30, 2019, Dynamic Product Tankers, LLC had various classes of limited liability interests outstanding of which the Company holds Class A-1 and Class A-3 units which are identical except that Class A-1 unit is voting and Class A-3 unit is non-voting. The units entitle the Company to appoint three out of five managers to the board of managers. |

|      |                                                                                                                                                                                                                                                                                                                                                             |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (25) | As of June 30, 2019, MSEA Tankers, LLC had various classes of limited liability interests outstanding of which the Company holds Class A-1 and Class A-2 units which are identical except that Class A-1 unit is voting and Class A-2 unit is non-voting. The units entitle the Company to appoint two out of three managers to the board of managers. |

|      |                                                                                                                                                                                      |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (26) | The Company holds three classes of warrants in Sprint Industrial Holdings, LLC. The Company holds 5,595 warrants of Class G, 507 warrants of Class H, and 1,239 warrants of Class I. |

|      |                                                                                                                                                                                                                                                                              |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (27) | The unused line fees of 0.50% and 0.25% are collected for the Unfunded Delayed Draw and Unfunded Revolver, respectively from both Altasciences US Acquisition, Inc. and Altasciences/9360-1367 Quebec Inc. as each borrower has access to the respective lending facilities. |

|      |                                                                                                                                                                                                   |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (28) | The Company holds some warrants for this investment as part of the restructuring of the underlying portfolio company.  The warrants have no cost and no fair value as of June 30, 2019. |

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Table of Contents

|      |                                                                                                                                                             |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (29) | The following shows the composition of the Company’s portfolio at cost by control designation, investment type and industry as of June 30, 2019: |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry                                                       | First Lien - Secured Debt | Second Lien - Secured Debt | Unsecured Debt | Structured Products and Other | Preferred Equity | Common Equity/Interests | Warrants | Total |
| Non-Controlled/Non-Affiliated Investments                      |   |   |   |   |   |   |
| Advertising, Printing & Publishing                         | $ | 24,270 |  | $ | 5,497 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 29,767 |  |
| Aerospace & Defense                                        | 29,995 |  | 47,221 |  | — |  | — |  | — |  | — |  | — |  | 77,216 |  |
| Automotive                                                     | 23,870 |  | 23,444 |  | — |  | — |  | — |  | 1,714 |  | — |  | 49,028 |  |
| Beverage, Food & Tobacco                                   | 87,515 |  | — |  | — |  | — |  | — |  | 1,199 |  | — |  | 88,714 |  |
| Business Services                                              | 149,400 |  | 204,763 |  | — |  | — |  | 62 |  | 1,132 |  | — |  | 355,357 |  |
| Chemicals, Plastics & Rubber                               | 77,275 |  | 14,475 |  | — |  | — |  | — |  | 9,000 |  | — |  | 100,750 |  |
| Construction & Building                                    | 23,186 |  | — |  | — |  | — |  | — |  | 500 |  | — |  | 23,686 |  |
| Consumer Goods – Durable                                 | 38,018 |  | 21,661 |  | — |  | — |  | 462 |  | — |  | — |  | 60,141 |  |
| Consumer Goods – Non-durable                             | 88,606 |  | 20,071 |  | — |  | — |  | — |  | — |  | — |  | 108,677 |  |
| Consumer Services                                              | 73,106 |  | 24,761 |  | — |  | — |  | — |  | — |  | — |  | 97,867 |  |
| Containers, Packaging & Glass                              | 1,173 |  | 22,141 |  | — |  | — |  | — |  | — |  | — |  | 23,314 |  |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 83,391 |  | 4,937 |  | — |  | — |  | — |  | — |  | — |  | 88,328 |  |
| Energy – Electricity                                     | 7,637 |  | — |  | — |  | — |  | 5,861 |  | 4 |  | — |  | 13,502 |  |
| Food & Grocery                                             | 19,356 |  | — |  | — |  | — |  | — |  | — |  | — |  | 19,356 |  |
| Healthcare & Pharmaceuticals                               | 318,399 |  | 80,294 |  | — |  | — |  | 333 |  | 306 |  | 135 |  | 399,467 |  |
| High Tech Industries                                           | 222,312 |  | 12,109 |  | — |  | — |  | 1,500 |  | — |  | 48 |  | 235,969 |  |
| Hotel, Gaming, Leisure, Restaurants                            | 2,500 |  | — |  | — |  | — |  | — |  | — |  | — |  | 2,500 |  |
| Insurance                                                      | 25,096 |  | — |  | — |  | — |  | — |  | — |  | — |  | 25,096 |  |
| Manufacturing, Capital Equipment                               | 41,705 |  | 7,930 |  | — |  | — |  | — |  | 250 |  | — |  | 49,885 |  |
| Media – Diversified & Production                     | 15,723 |  | 3,218 |  | — |  | — |  | — |  | — |  | — |  | 18,941 |  |
| Metals & Mining                                            | 1,134 |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,134 |  |
| Telecommunications                                             | 9,936 |  | 12,776 |  | — |  | — |  | — |  | — |  | — |  | 22,712 |  |
| Transportation – Cargo, Distribution                     | — |  | 9,299 |  | — |  | — |  | — |  | — |  | — |  | 9,299 |  |
| Utilities – Electric                                     | — |  | — |  | — |  | 26,602 |  | — |  | — |  | — |  | 26,602 |  |
| Total Non-Controlled/ Non-Affiliated Investments               | $ | 1,363,603 |  | $ | 514,597 |  | $ | — |  | $ | 26,602 |  | $ | 8,218 |  | $ | 14,105 |  | $ | 183 |  | $ | 1,927,308 |  |
| Non-Controlled/Affiliated Investments                          |   |   |   |   |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | $ | — |  | $ | — |  | $ | — |  | $ | 16,647 |  | $ | — |  | $ | — |  | $ | — |  | $ | 16,647 |  |
| Energy – Electricity                                     | 5,811 |  | — |  | — |  | — |  | 14,445 |  | 11,827 |  | — |  | 32,083 |  |
| Energy – Oil & Gas                                   | — |  | — |  | — |  | — |  | — |  | 17,508 |  | — |  | 17,508 |  |
| Total Non-Controlled/Affiliated Investments                    | $ | 5,811 |  | $ | — |  | $ | — |  | $ | 16,647 |  | $ | 14,445 |  | $ | 29,335 |  | $ | — |  | $ | 66,238 |  |
| Controlled Investments                                         |   |   |   |   |   |   |   |   |
| Aviation and Consumer Transport                                | $ | 325,200 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 15,000 |  | $ | — |  | $ | 340,200 |  |
| Energy – Oil & Gas                                   | 117,238 |  | 34,554 |  | — |  | — |  | — |  | 31,489 |  | — |  | 183,281 |  |
| Transportation – Cargo, Distribution                     | 41,840 |  | — |  | — |  | — |  | — |  | 124,256 |  | — |  | 166,096 |  |
| Total Controlled Investments                                   | $ | 484,278 |  | $ | 34,554 |  | $ | — |  | $ | — |  | $ | — |  | $ | 170,745 |  | $ | — |  | $ | 689,577 |  |
| Total                                                          | $ | 1,853,692 |  | $ | 549,151 |  | $ | — |  | $ | 43,249 |  | $ | 22,663 |  | $ | 214,185 |  | $ | 183 |  | $ | 2,683,123 |  |

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Table of Contents

|      |                                                                                                                                                                        |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (30) | The following shows the composition of the Company’s portfolio at fair value by control designation, investment type and industry as of June 30, 2019: |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry                                                       | First Lien - Secured Debt | Second Lien - Secured Debt | Unsecured Debt | Structured Products and Other | Preferred Equity | Common Equity/Interests | Warrants | Total | % of Net Assets |
| Non-Controlled / Non-Affiliated Investments                    |   |   |   |   |   |   |   |
| Advertising, Printing & Publishing                         | $ | 24,420 |  | $ | 5,501 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 29,921 |  | 2.3 | % |
| Aerospace & Defense                                        | 29,525 |  | 47,395 |  | — |  | — |  | — |  | — |  | — |  | 76,920 |  | 6.0 | % |
| Automotive                                                     | 17,040 |  | 23,289 |  | — |  | — |  | — |  | — |  | — |  | 40,329 |  | 3.1 | % |
| Beverage, Food & Tobacco                                   | 87,554 |  |  |  | — |  | — |  | — |  | 1,490 |  | — |  | 89,044 |  | 6.9 | % |
| Business Services                                              | 149,938 |  | 202,352 |  | — |  | — |  | 62 |  | 1,184 |  | — |  | 353,536 |  | 27.4 | % |
| Chemicals, Plastics & Rubber                               | 70,832 |  | 15,304 |  | — |  | — |  | — |  | — |  | — |  | 86,136 |  | 6.7 | % |
| Construction & Building                                    | 23,159 |  |  |  | — |  | — |  | — |  | 551 |  | — |  | 23,710 |  | 1.8 | % |
| Consumer Goods – Durable                                 | 36,022 |  | 21,590 |  | — |  | — |  | 508 |  | 477 |  | — |  | 58,597 |  | 4.5 | % |
| Consumer Goods – Non-durable                             | 89,371 |  | 19,997 |  | — |  | — |  | — |  | — |  | — |  | 109,368 |  | 8.5 | % |
| Consumer Services                                              | 72,834 |  | 24,729 |  | — |  | — |  | — |  | — |  | — |  | 97,563 |  | 7.6 | % |
| Containers, Packaging & Glass                              | 1,419 |  | 22,289 |  | — |  | — |  | — |  | — |  | — |  | 23,708 |  | 1.8 | % |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 83,438 |  | 4,944 |  | — |  | — |  | — |  | — |  | — |  | 88,382 |  | 6.9 | % |
| Energy – Electricity                                     | 6,983 |  | — |  | — |  | — |  | 4,757 |  | 81 |  | — |  | 11,821 |  | 0.9 | % |
| Food & Grocery                                             | 18,471 |  | — |  | — |  | — |  | — |  | — |  | — |  | 18,471 |  | 1.4 | % |
| Healthcare & Pharmaceuticals                               | 317,398 |  | 78,157 |  | — |  | — |  | 333 |  | 306 |  | 89 |  | 396,283 |  | 30.7 | % |
| High Tech Industries                                           | 219,756 |  | 12,119 |  | — |  | — |  | 1,500 |  | — |  | — |  | 233,375 |  | 18.1 | % |
| Hotel, Gaming, Leisure, Restaurants                            | 2,500 |  | — |  | — |  | — |  | — |  | — |  | — |  | 2,500 |  | 0.2 | % |
| Insurance                                                      | 24,943 |  | — |  | — |  | — |  | — |  | — |  | — |  | 24,943 |  | 1.9 | % |
| Manufacturing, Capital Equipment                               | 41,866 |  | 7,900 |  | — |  | — |  | — |  | 250 |  | — |  | 50,016 |  | 3.9 | % |
| Media – Diversified & Production                     | 15,590 |  | 3,209 |  | — |  | — |  | — |  | — |  | — |  | 18,799 |  | 1.5 | % |
| Metals & Mining                                            | 530 |  |  |  | — |  | — |  | — |  | — |  | — |  | 530 |  | 0% |  |
| Telecommunications                                             | 8,888 |  | 11,848 |  | — |  | — |  | — |  | — |  | — |  | 20,736 |  | 1.6 | % |
| Transportation – Cargo, Distribution                     | — |  | 9,094 |  | — |  | — |  | — |  | — |  | — |  | 9,094 |  | 0.7 | % |
| Utilities – Electric                                     | — |  | — |  | — |  | 32,564 |  | — |  | — |  | — |  | 32,564 |  | 2.5 | % |
| Total Non-Controlled / Non-Affiliated Investments              | $ | 1,342,477 |  | $ | 509,717 |  | $ | — |  | $ | 32,564 |  | $ | 7,160 |  | $ | 4,339 |  | $ | 89 |  | $ | 1,896,346 |  | 146.9 | % |
| % of Net Assets                                                | 104.0 | % | 39.5 | % | — | % | 2.5 | % | 0.6 | % | 0.3 | % | 0.0% |  | 146.9 | % |   |
| Non-Controlled / Affiliated Investments                        |   |   |   |   |   |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | $ | — |  | $ | — |  | $ | — |  | $ | 12,961 |  | $ | — |  | $ | — |  | $ | — |  | $ | 12,961 |  | 1.0 | % |
| Energy – Electricity                                     | 1,761 |  | — |  | — |  | — |  | 21,438 |  | 9,181 |  | — |  | 32,380 |  | 2.5 | % |
| Energy – Oil & Gas                                   | — |  | — |  | — |  | — |  | — |  | 4,415 |  | — |  | 4,415 |  | 0.4 | % |
| Total Non-Controlled / Affiliated Investments                  | $ | 1,761 |  | $ | — |  | $ | — |  | $ | 12,961 |  | $ | 21,438 |  | $ | 13,596 |  | $ | — |  | $ | 49,756 |  | 3.9 | % |
| % of Net Assets                                                | 0.1 | % | — | % | — | % | 1.0 | % | 1.7 | % | 1.1 | % | — | % | 3.9 | % |   |
| Controlled Investments                                         |   |   |   |   |   |   |   |
| Aviation and Consumer Transport                                | $ | 325,200 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 55,715 |  | $ | — |  | $ | 380,915 |  | 29.6 | % |
| Energy – Oil & Gas                                   | 106,516 |  | 34,554 |  | — |  | — |  | — |  | 681 |  | — |  | 141,751 |  | 11.0 | % |
| Transportation – Cargo, Distribution                     | 42,000 |  | — |  | — |  | — |  | — |  | 109,544 |  | — |  | 151,544 |  | 11.7 | % |
| Total Controlled Investments                                   | $ | 473,716 |  | $ | 34,554 |  | $ | — |  | $ | — |  | $ | — |  | $ | 165,940 |  | $ | — |  | $ | 674,210 |  | 52.3 | % |
| % of Net Assets                                                | 36.7 | % | 2.7 | % | — | % | — | % | — | % | 12.9 | % | — | % | 52.3 | % |   |
| Total                                                          | $ | 1,817,954 |  | $ | 544,271 |  | $ | — |  | $ | 45,525 |  | $ | 28,598 |  | $ | 183,875 |  | $ | 89 |  | $ | 2,620,312 |  | 203.1 | % |
| % of Net Assets                                                | 140.8 | % | 42.2 | % | — | % | 3.5 | % | 2.3 | % | 14.3 | % | 0.0% |  | 203.1 | % |   |

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|                                                                |  |
| Industry Classification                                        | Percentage of Total Investments (at Fair Value) as of June 30, 2019 |
| Healthcare & Pharmaceuticals                               | 15.1% |
| Aviation and Consumer Transport                                | 14.5% |
| Business Services                                              | 13.5% |
| High Tech Industries                                           | 8.9% |
| Transportation – Cargo, Distribution                     | 6.1% |
| Energy – Oil & Gas                                   | 5.6% |
| Consumer Goods – Non-durable                             | 4.2% |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 3.9% |
| Consumer Services                                              | 3.7% |
| Beverage, Food & Tobacco                                   | 3.4% |
| Chemicals, Plastics & Rubber                               | 3.3% |
| Aerospace & Defense                                        | 2.9% |
| Consumer Goods – Durable                                 | 2.2% |
| Manufacturing, Capital Equipment                               | 1.9% |
| Energy – Electricity                                     | 1.7% |
| Automotive                                                     | 1.5% |
| Utilities – Electric                                     | 1.3% |
| Advertising, Printing & Publishing                         | 1.2% |
| Insurance                                                      | 1.0% |
| Construction & Building                                    | 0.9% |
| Containers, Packaging & Glass                              | 0.9% |
| Telecommunications                                             | 0.8% |
| Media – Diversified & Production                     | 0.7% |
| Food & Grocery                                             | 0.7% |
| Hotel, Gaming, Leisure, Restaurants                            | 0.1% |
| Metals & Mining                                            | 0.0% |
| Total Investments                                              | 100.0% |

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Table of Contents

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|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                           |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
| Advertising, Printing & Publishing       |   |   |   |   |   |   |
| A-L Parent LLC                               |   | Second Lien Secured Debt |   | 9.75% (1M L+725, 1.00% Floor) |   | 12/02/24 |   | $ | 5,536 |  |   | $ | 5,496 |  |   | $ | 5,522 |  |   | (10) |
| Simplifi Holdings, Inc.                      |   | First Lien Secured Debt |   | 8.00% (1M L+550, 1.00% Floor) |   | 09/28/22 |   | 25,363 |  |   | 24,948 |  |   | 25,110 |  |   | (9) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/28/22 |   | 2,400 |  |   | (50 | ) |   | (24 | ) |   | (8)(9)(21)(23) |
|                                         |   |   |   |   |   |   |   |   |   | 24,898 |  |   | 25,086 |  |   |   |
| Total Advertising, Printing & Publishing |   |   | $ | 30,394 |  |   | $ | 30,608 |  |   |   |
| Aerospace & Defense                      |   |   |   |   |   |   |
| Erickson Inc                                 |   | First Lien Secured Debt - Revolver |   | 10.09% (3M L+750, 1.00% Floor) |   | 04/28/22 |   | $ | 27,169 |  |   | $ | 27,169 |  |   | $ | 26,558 |  |   | (9)(23) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 04/28/22 |   | 11,381 |  |   | (346 | ) |   | (256 | ) |   | (8)(9)(21)(23) |
|                                         |   | First Lien Secured Debt - Letters of Credit |   | 7.50% |   | 04/21/19 |   | 6,449 |  |   | — |  |   | (144 | ) |   | (8)(9)(23) |
|                                         |   |   |   |   |   |   |   |   |   | 26,823 |  |   | 26,158 |  |   |   |
| ILC Dover LP                                 |   | Second Lien Secured Debt |   | 11.38% (6M L+850, 1.00% Floor) |   | 06/28/24 |   | 20,000 |  |   | 19,635 |  |   | 19,550 |  |   |   |
| PAE Holding Corporation                      |   | Second Lien Secured Debt |   | 12.00% (1M L+950, 1.00% Floor) |   | 10/20/23 |   | 28,097 |  |   | 27,540 |  |   | 27,816 |  |   | (10) |
| Total Aerospace & Defense                |   |   | $ | 73,998 |  |   | $ | 73,524 |  |   |   |
|  Automotive                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Accelerate Parent Corp.                      |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 1,076 Shares |  |   | $ | 1,714 |  |   | $ | — |  |   | (13)(28) |
| Crowne Automotive                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Vari-Form Group, LLC                         |   | First Lien Secured Debt |   | 13.60% (3M L+11.00% (7.00% Cash plus 4.00% PIK), 1.00% Floor) |   | 02/02/23 |   | $ | 6,196 |  |   | 5,766 |  |   | 960 |  |   | (9)(13)(14) |
| Vari-Form Inc.                               |   | First Lien Secured Debt |   | 13.60% (3M L+11.00% (7.00% Cash plus 4.00% PIK), 1.00% Floor) |   | 02/02/23 |   | 2,110 |  |   | 2,604 |  |   | 327 |  |   | (9)(13)(14) |
|                                         |   | 8,370 |  |   | 1,287 |  |   |   |
| K&N Parent, Inc.                         |   | Second Lien Secured Debt |   | 11.25% (1M L+875, 1.00% Floor) |   | 10/21/24 |   | 23,764 |  |   | 23,428 |  |   | 22,991 |  |   | (10) |
| Total Automotive                             |   |   | $ | 33,512 |  |   | $ | 24,278 |  |   |   |
| Aviation and Consumer Transport              |   |   |   |   |   |   |   |   |   |   |
| Merx Aviation Finance, LLC (5)               |   | First Lien Secured Debt - Revolver |   | 12.00% |   | 10/31/23 |   | $ | 371,200 |  |   | $ | 371,200 |  |   | $ | 371,200 |  |   | (23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 2.25% |   | 07/13/19 |   | 177 |  |   | — |  |   | — |  |   | (23) |
|                                         |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | N/A |  |   | 15,000 |  |   | 54,281 |  |   |   |
| Total Aviation and Consumer Transport        |   |   | $ | 386,200 |  |   | $ | 425,481 |  |   |   |
| Beverage, Food & Tobacco                 |   |   |   |   |   |   |   |   |   |   |
| Eagle Foods Family Group, LLC                |   | First Lien Secured Debt |   | 9.24% (3M L+650, 1.00% Floor) |   | 06/14/24 |   | $ | 24,813 |  |   | $ | 24,571 |  |   | $ | 24,440 |  |   | (9) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.00% Unfunded |   | 06/14/23 |   | 3,750 |  |   | (35 | ) |   | (56 | ) |   | (8)(9)(21)(23) |
|                                         |   |   |   |   |   |   |   |   |   | 24,536 |  |   | 24,384 |  |   |   |
| Florida Food Products                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Florida Food Products, Inc.                  |   | First Lien Secured Debt |   | 9.25% (1M L+675, 1.00% Floor) |   | 09/08/25 |   | 23,171 |  |   | 22,639 |  |   | 22,940 |  |   | (9) |
| Florida Food Products, LLC                   |   | First Lien Secured Debt - Revolver |   | 9.25% (1M L+675, 1.00% Floor) |   | 09/06/23 |   | 1,336 |  |   | 1,336 |  |   | 1,322 |  |   | (9)(23) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/06/23 |   | 377 |  |   | (38 | ) |   | (4 | ) |   | (8)(9)(21)(23) |
|                                         |   |   |   |   |   |   |   |   |   | 23,937 |  |   | 24,258 |  |   |   |

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|                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                         |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
| TNT Crust LLC                              |   | First Lien Secured Debt |   | 8.75% (1M L+625, 1.00% Floor) |   | 11/06/23 |   | 9,083 |  |   | 8,916 |  |   | 8,992 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/06/23 |   | 1,626 |  |   | (30 | ) |   | (16 | ) |   | (8)(9)(21)(23) |
|                                       |   | Common Equity/Interests - Series A Units |   | N/A |   | N/A |   | 244 Shares |  |   | 244 |  |   | 323 |  |   | (9)(13) |
|                                       |   |   |   |   |   |   |   |   |   | 9,130 |  |   | 9,299 |  |   |   |
| Total Beverage, Food & Tobacco         |   |   | $ | 57,603 |  |   | $ | 57,941 |  |   |   |
| Business Services                          |   |   |   |   |   |   |   |   |   |   |
| Access CIG, LLC                            |   | Second Lien Secured Debt |   | 10.25% (1M L+775) |   | 02/27/26 |   | $ | 15,900 |  |   | $ | 15,771 |  |   | $ | 15,741 |  |   | (10) |
| Aero Operating LLC                         |   | First Lien Secured Debt |   | 9.75% (1M L+725, 1.00% Floor) |   | 12/29/22 |   | 37,040 |  |   | 36,325 |  |   | 36,669 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Revolver |   | 9.75% (1M L+725) |   | 12/29/22 |   | 2,663 |  |   | 2,663 |  |   | 2,636 |  |   | (9)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 1.00% Unfunded |   | 12/29/22 |   | 2,032 |  |   | (90 | ) |   | (20 | ) |   | (8)(9)(21)(23) |
|                                       |   | First Lien Secured Debt - Letter of Credit |   | 7.25% |   | 05/04/19 |   | 118 |  |   | — |  |   | (1 | ) |   | (8)(9)(23) |
|                                       |   |   |   |   |   |   |   |   |   | 38,898 |  |   | 39,284 |  |   |   |
| Ambrosia Buyer Corp.                       |   | Second Lien Secured Debt |   | 10.50% (1M L+ 800, 1.00% Floor) |   | 08/28/25 |   | 21,429 |  |   | 20,999 |  |   | 20,975 |  |   |   |
| Aptean, Inc.                               |   | Second Lien Secured Debt |   | 12.11% (3M L+950, 1.00% Floor) |   | 12/20/23 |   | 11,148 |  |   | 11,064 |  |   | 11,148 |  |   | (10) |
| Claritas, LLC                              |   | First Lien Secured Debt |   | 8.50% (1M L+600, 1.00% Floor) |   | 12/21/23 |   | 3,944 |  |   | 3,905 |  |   | 3,905 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/21/23 |   | 1,031 |  |   | (10 | ) |   | (10 | ) |   | (8)(9)(21)(23) |
|                                       |   |   |   |   |   |   |   |   |   | 3,895 |  |   | 3,895 |  |   |   |
| Continuum Global Solutions, LLC            |   | First Lien Secured Debt - Revolver |   | 8.00% (1M L+550, 1.00% Floor) |   | 02/15/22 |   | 6,219 |  |   | 6,219 |  |   | 6,095 |  |   | (9)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/15/22 |   | 4,550 |  |   | (207 | ) |   | (91 | ) |   | (8)(9)(21)(23) |
|                                       |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 620 Shares |  |   | 62 |  |   | 62 |  |   | (9)(13) |
|                                       |   |   |   |   |   |   |   |   |   | 6,074 |  |   | 6,066 |  |   |   |
| CT Technologies Intermediate Holdings, Inc |   | First Lien Secured Debt |   | 6.75% (1M L+425, 1.00% Floor) |   | 12/01/21 |   | 4,460 |  |   | 3,853 |  |   | 3,897 |  |   | (9)(10) |
|                                       |   | Second Lien Secured Debt |   | 11.50% (1M L+900, 1.00% Floor) |   | 12/01/22 |   | 31,253 |  |   | 30,636 |  |   | 29,378 |  |   | (9) |
|                                       |   |   |   |   |   |   |   |   |   | 34,489 |  |   | 33,275 |  |   |   |
| Education Personnel                        |   | First Lien Secured Debt |   | 5.60% (3M GBP L+475, 0.50% Floor) |   | 08/31/24 |   | £ | 4,118 |  |   | 5,219 |  |   | 5,315 |  |   | (9)(17) |
|                                       |   | First Lien Secured Debt - Revolver |   | 5.60% (3M GBP L+475, 0.50% Floor) |   | 08/31/24 |   | £ | 1,471 |  |   | 1,864 |  |   | 1,898 |  |   | (9)(17)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.66% Unfunded |   | 08/31/24 |   | £ | 4,412 |  |   | — |  |   | — |  |   | (9)(17)(21)(23) |
|                                       |   |   |   |   |   |   |   |   |   | 7,083 |  |   | 7,213 |  |   |   |
| Electro Rent Corporation                   |   | Second Lien Secured Debt |   | 11.60% (3M L+900, 1.00% Floor) |   | 01/31/25 |   | 34,235 |  |   | 33,427 |  |   | 33,551 |  |   | (9) |
| McLarens Global Ltd.                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Margaux Acquisition Inc.                   |   | First Lien Secured Debt |   | 8.18% (3M L+600, 1.00% Floor) |   | 12/19/24 |   | 17,614 |  |   | 17,279 |  |   | 17,262 |  |   | (9) |
|                                       |   | First Lien Secured Debt |   | 8.60% (3M L+600, 1.00% Floor) |   | 12/19/24 |   | 1,373 |  |   | 1,373 |  |   | 1,345 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Revolver |   | 8.60% (3M L+600) |   | 12/19/24 |   | 172 |  |   | 172 |  |   | 168 |  |   | (9)(23) |

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|                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company             |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
|                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/19/24 |   | 1,430 |  |   | (31 | ) |   | (29 | ) |   | (8)(9)(21)(23) |
|                           |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 12/19/24 |   | 4,461 |  |   | (111 | ) |   | (89 | ) |   | (8)(9)(21)(23) |
| Margaux UK Finance Limited     |   | First Lien Secured Debt |   | 8.59% (3M L+600, 1.00% Floor) |   | 12/19/24 |   | £ | 5,955 |  |   | 7,381 |  |   | 7,605 |  |   | (9)(17) |
|                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/19/24 |   | £ | 541 |  |   | (13 | ) |   | (14 | ) |   | (8)(9)(17)(21)(23) |
|                           |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 12/19/24 |   | £ | 1,353 |  |   | (33 | ) |   | (35 | ) |   | (8)(9)(17)(21)(23) |
|                           |   |   |   |   |   |   |   |   |   | 26,017 |  |   | 26,213 |  |   |   |
| Ministry Brands, LLC           |   | Second Lien Secured Debt |   | 11.88% (1M L+925, 1.00% Floor) |   | 06/02/23 |   | 10,000 |  |   | 9,902 |  |   | 10,050 |  |   |   |
| Newscycle Solutions, Inc.      |   | First Lien Secured Debt |   | 9.50% (1M L+700, 1.00% Floor) |   | 12/29/22 |   | 16,646 |  |   | 16,334 |  |   | 16,479 |  |   | (9) |
|                           |   | First Lien Secured Debt - Revolver |   | 9.50% (1M L+700, 1.00% Floor) |   | 12/29/22 |   | 160 |  |   | 160 |  |   | 158 |  |   | (9)(23) |
|                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/29/22 |   | 340 |  |   | (9 | ) |   | (3 | ) |   | (8)(9)(21)(23) |
|                           |   |   |   |   |   |   |   |   |   | 16,485 |  |   | 16,634 |  |   |   |
| PSI Services, LLC              |   | First Lien Secured Debt |   | 7.50% (1M L+500, 1.00% Floor) |   | 01/20/23 |   | 4,575 |  |   | 4,502 |  |   | 4,552 |  |   | (9) |
|                           |   | First Lien Secured Debt - Revolver |   | 7.48% (1M L+500, 1.00% Floor) |   | 01/20/22 |   | 119 |  |   | 119 |  |   | 119 |  |   | (9)(23) |
|                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/20/22 |   | 278 |  |   | (6 | ) |   | (1 | ) |   | (8)(9)(21)(23) |
|                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/20/22 |   | £ | 47 |  |   | — |  |   | — |  |   | (8)(9)(21)(23) |
|                           |   | Second Lien Secured Debt |   | 11.50% (1M L+900, 1.00% Floor) |   | 01/20/24 |   | 37,893 |  |   | 37,117 |  |   | 37,925 |  |   | (9) |
|                           |   |   |   |   |   |   |   |   |   | 41,732 |  |   | 42,595 |  |   |   |
| RA Outdoors, LLC               |   | First Lien Secured Debt |   | 7.25% (1M L+475, 1.00% Floor) |   | 09/11/24 |   | 7,138 |  |   | 7,027 |  |   | 6,995 |  |   | (9) |
|                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/09/22 |   | 1,176 |  |   | (17 | ) |   | (24 | ) |   | (8)(9)(21)(23) |
|                           |   | First Lien Secured Debt - Letter of Credit |   | 4.75% |   | 08/28/19 |   | 24 |  |   | — |  |   | — |  |   | (8)(9)(23) |
|                           |   | Second Lien Secured Debt |   | 11.25% (1M L+875, 1.00% Floor) |   | 09/11/25 |   | 34,200 |  |   | 33,510 |  |   | 33,345 |  |   | (9) |
|                           |   |   |   |   |   |   |   |   |   | 40,520 |  |   | 40,316 |  |   |   |
| STG-Fairway Acquisitions, Inc. |   | Second Lien Secured Debt |   | 11.75% (1M L+925, 1.00% Floor) |   | 06/30/23 |   | 15,000 |  |   | 14,800 |  |   | 14,325 |  |   | (10) |
| TGG TS Acquisition Company     |   | First Lien Secured Debt - Revolver |   | 8.99% (1M L+650) |   | 12/14/23 |   | 690 |  |   | 690 |  |   | 673 |  |   | (23) |
|                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/14/23 |   | 1,060 |  |   | — |  |   | (27 | ) |   | (8)(21)(23) |
|                           |   |   |   |   |   |   |   |   |   | 690 |  |   | 646 |  |   |   |
| Transplace Holdings, Inc.      |   | Second Lien Secured Debt |   | 11.23% (1M L+875, 1.00% Floor) |   | 10/06/25 |   | 8,599 |  |   | 8,422 |  |   | 8,448 |  |   | (10) |
| U.S. Legal Support             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| USLS Acquisition, Inc.         |   | First Lien Secured Debt |   | 8.38% (3M L+575, 1.00% Floor) |   | 12/02/24 |   | 20,049 |  |   | 19,670 |  |   | 19,658 |  |   | (9) |
|                           |   | First Lien Secured Debt |   | 8.35% (3M L+575, 1.00% Floor) |   | 12/02/24 |   | 1,099 |  |   | 1,088 |  |   | 1,077 |  |   | (9) |
|                           |   | First Lien Secured Debt - Revolver |   | 8.38% (3M L+575) |   | 12/02/24 |   | 536 |  |   | 536 |  |   | 526 |  |   | (9)(23) |

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|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/02/24 |   | 986 |  |   | (30 | ) |   | (19 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 12/02/24 |   | 3,591 |  |   | (44 | ) |   | (70 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Letter of Credit |   | 5.75% |   | 12/02/24 |   | 86 |  |   | — |  |   | (1 | ) |   | (8)(9)(23) |
| US Legal Support Investment Holdings, LLC                             |   | Common Equity/Interests - Series A-1 Units |   | N/A |   | N/A |   | 602,978 Shares |  |   | 603 |  |   | 696 |  |   | (9)(13) |
|                                                                  |   |   |   |   |   |   |   |   |   | 21,823 |  |   | 21,867 |  |   |   |
| Vertafore, Inc.                                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/30/23 |   | 14,576 |  |   | (1,467 | ) |   | (1,531 | ) |   | (8)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Letter of Credit |   | 3.25% |   | 01/17/20 |   | 424 |  |   | — |  |   | (45 | ) |   | (8)(23) |
|                                                                  |   |   |   |   |   |   |   |   |   | (1,467 | ) |   | (1,576 | ) |   |   |
| Total Business Services                                               |   |   | $ | 350,624 |  |   | $ | 350,666 |  |   |   |
| Chemicals, Plastics & Rubber                                      |   |   |   |   |   |   |   |   |   |   |
| Carbon Free Chemicals                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Carbonfree Chemicals SPE I LLC (f/k/a Maxus Capital Carbon SPE I LLC) |   | First Lien Secured Debt |   | 5.215% PIK |   | 12/31/21 |   | $ | 50,305 |  |   | $ | 50,305 |  |   | $ | 47,806 |  |   |   |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 12/31/21 |   | 2,911 |  |   | — |  |   | — |  |   | (21)(23) |
|                                                                  |   | Common Equity/Interests - Residual Interests |   | N/A |   | N/A |   | 9,000,000 shares |  |   | 9,000 |  |   | — |  |   | (13) |
| Carbonfree Caustic SPE LLC                                            |   | First Lien Secured Debt |   | 5.00% |   | 12/31/21 |   | 10,200 |  |   | 10,200 |  |   | 10,200 |  |   |   |
|                                                                  |   |   |   |   |   |   |   |   |   | 69,505 |  |   | 58,006 |  |   |   |
| Hare Bidco, Inc.                                                      |   | Second Lien Secured Debt |   | 9.75% (3M E+875) |   | 08/01/24 |   | € | 13,574 |  |   | 14,465 |  |   | 14,937 |  |   |   |
| Westfall Technik, Inc.                                                |   | First Lien Secured Debt |   | 7.85% (3M L+525, 1.00% Floor) |   | 09/13/24 |   | 12,318 |  |   | 12,158 |  |   | 12,071 |  |   | (9) |
|                                                                  |   | First Lien Secured Debt - Revolver |   | 7.69% (3M L+500, 1.00% Floor) |   | 09/13/24 |   | 135 |  |   | 135 |  |   | 132 |  |   | (9)(23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/13/24 |   | 1,885 |  |   | (37 | ) |   | (38 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 09/13/24 |   | 3,140 |  |   | (98 | ) |   | (63 | ) |   | (8)(9)(21)(23) |
|                                                                  |   |   |   |   |   |   |   |   |   | 12,158 |  |   | 12,102 |  |   |   |
| Total Chemical, Plastics & Rubber                                 |   |   | $ | 96,128 |  |   | $ | 85,045 |  |   |   |
| Construction & Building                                           |   |   |   |   |   |   |   |   |   |   |
| Englert                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gutter Buyer, Inc.                                                    |   | First Lien Secured Debt |   | 8.73% (1M L+625, 1.00% Floor) |   | 03/06/25 |   | $ | 23,864 |  |   | $ | 23,274 |  |   | $ | 23,268 |  |   | (9) |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/06/24 |   | 2,727 |  |   | (67 | ) |   | (68 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 03/06/25 |   | 3,409 |  |   | (51 | ) |   | (85 | ) |   | (8)(9)(21)(23) |
| Gutter Holdings, LP                                                   |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 500 shares |  |   | 500 |  |   | 478 |  |   | (9)(13) |
| Total Construction & Building                                     |   |   | $ | 23,656 |  |   | $ | 23,593 |  |   |   |
| Consumer Goods – Durable                                        |   |   |   |   |   |   |   |   |   |   |
| Hayward Industries, Inc.                                              |   | Second Lien Secured Debt |   | 10.75% (1M L+825) |   | 08/04/25 |   | $ | 21,918 |  |   | $ | 21,649 |  |   | $ | 21,589 |  |   |   |
| KDC US Holdings                                                       |   | First Lien Secured Debt - Revolver |   | 5.75% (1M L+325) |   | 12/21/23 |   | 1,204 |  |   | 1,204 |  |   | 1,099 |  |   | (23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.00% Unfunded |   | 12/21/23 |   | 4,712 |  |   | — |  |   | (409 | ) |   | (8)(21)(23) |

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|                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                 |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
|                               |   | First Lien Secured Debt - Letters of Credit |   | 3.25% |   | 12/31/19- 03/08/20 |   | 104 |  |   | — |  |   | (9 | ) |   | (8)(23) |
|                               |   |   |   |   |   |   |   |   |   | 1,204 |  |   | 681 |  |   |   |
| KLO Holdings                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 9357-5991 Quebec Inc.              |   | First Lien Secured Debt |   | 10.25% (1M L+775, 1.50% Floor) |   | 04/07/22 |   | 8,763 |  |   | 8,697 |  |   | 8,282 |  |   |   |
| KLO Acquisition LLC                |   | First Lien Secured Debt |   | 10.25% (1M L+775, 1.50% Floor) |   | 04/07/22 |   | 5,073 |  |   | 5,035 |  |   | 4,795 |  |   |   |
|                               |   |   |   |   |   |   |   |   |   | 13,732 |  |   | 13,077 |  |   |   |
| Project Comfort Buyer, Inc.        |   | First Lien Secured Debt |   | 9.81% (6M L+700, 1.00% Floor) |   | 02/03/25 |   | 23,769 |  |   | 23,075 |  |   | 23,056 |  |   | (9) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/01/24 |   | 3,462 |  |   | (100 | ) |   | (104 | ) |   | (8)(9)(21)(23) |
|                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 02/03/25 |   | 2,308 |  |   | (34 | ) |   | (69 | ) |   | (8)(9)(21)(23) |
|                               |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 461,538 Shares |  |   | 462 |  |   | 462 |  |   | (9)(13) |
|                               |   |   |   |   |   |   |   |   |   | 23,403 |  |   | 23,345 |  |   |   |
| Sorenson Holdings, LLC             |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 587 Shares |  |   | — |  |   | 470 |  |   | (10)(13) |
| Total Consumer Goods - Durable     |   |   | $ | 59,988 |  |   | $ | 59,162 |  |   |   |
| Consumer Goods – Non-Durable |   |   |   |   |   |   |   |   |   |   |
| ABG Intermediate Holdings 2, LLC   |   | Second Lien Secured Debt |   | 10.25% (1M L+775, 1.00% Floor) |   | 09/29/25 |   | $ | 7,371 |  |   | $ | 7,345 |  |   | $ | 7,298 |  |   | (10) |
| BIG Buyer, LLC                     |   | First Lien Secured Debt |   | 9.10% (3M L+650, 1.00% Floor) |   | 11/20/23 |   | 29,264 |  |   | 28,503 |  |   | 28,970 |  |   | (9) |
|                               |   | First Lien Secured Debt - Revolver |   | 9.10% (3M L+650, 1.00% Floor) |   | 11/20/23 |   | 271 |  |   | 271 |  |   | 268 |  |   | (9)(23) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/20/23 |   | 1,535 |  |   | (50 | ) |   | (15 | ) |   | (8)(9)(21)(23) |
|                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 3.25% Unfunded |   | 11/20/23 |   | 1,368 |  |   | (75 | ) |   | (14 | ) |   | (8)(9)(21)(23) |
|                               |   |   |   |   |   |   |   |   |   | 28,649 |  |   | 29,209 |  |   |   |
| Lion Cashmere Midco Limited        |   | First Lien Secured Debt |   | 8.42% (6M L+575, 1.00% Floor) |   | 03/21/25 |   | 13,053 |  |   | 12,825 |  |   | 12,694 |  |   | (9)(17) |
|                               |   | First Lien Secured Debt - Revolver |   | 7.92% (6M L+525, 1.00% Floor) |   | 03/21/24 |   | € | 225 |  |   | 256 |  |   | 246 |  |   | (9)(17)(23) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 1.84% Unfunded |   | 03/21/24 |   | € | 960 |  |   | (23 | ) |   | (30 | ) |   | (8)(9)(17)(21)(23) |
|                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 2.01% Unfunded |   | 03/21/25 |   | € | 2,372 |  |   | (47 | ) |   | (73 | ) |   | (8)(9)(17)(21)(23) |
|                               |   |   |   |   |   |   |   |   |   | 13,011 |  |   | 12,837 |  |   |   |
| Reddy Ice Corporation              |   | First Lien Secured Debt |   | 10.00% (1M L+750, 1.00% Floor) |   | 06/30/23 |   | 31,316 |  |   | 30,917 |  |   | 31,026 |  |   | (9) |
|                               |   | First Lien Secured Debt - Revolver |   | 12.00% (P+650) |   | 06/30/23 |   | 1,045 |  |   | 1,045 |  |   | 1,036 |  |   | (9)(23) |
|                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/30/23 |   | 1,874 |  |   | (37 | ) |   | (17 | ) |   | (8)(9)(21)(23) |
|                               |   | First Lien Secured Debt - Letter of Credit |   | 4.50% |   | 04/05/19 |   | 9,750 |  |   | — |  |   | (90 | ) |   | (8)(9)(23) |
|                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 06/30/23 |   | 2,681 |  |   | (11 | ) |   | (25 | ) |   | (8)(9)(21)(23) |
|                               |   |   |   |   |   |   |   |   |   | 31,914 |  |   | 31,930 |  |   |   |
| Sequential Brands Group, Inc.      |   | Second Lien Secured Debt |   | 11.24% (1M L+875) |   | 02/07/24 |   | 13,052 |  |   | 12,947 |  |   | 12,919 |  |   | (17) |
| Total Consumer Goods - Non-Durable |   |   | $ | 93,866 |  |   | $ | 94,193 |  |   |   |

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|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                             |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
| Consumer Services                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| 1A Smart Start LLC                                             |   | Second Lien Secured Debt |   | 10.75% (1M L+825, 1.00% Floor) |   | 08/22/22 |   | $ | 25,100 |  |   | $ | 24,734 |  |   | $ | 24,708 |  |   |   |
| Nemo (BC) Bidco Pty Ltd                                        |   | First Lien Secured Debt |   | 7.65% (1M BBSW+575, 1.00% Floor) |   | 04/06/24 |   | A$ | 6,768 |  |   | 4,909 |  |   | 4,712 |  |   | (17) |
|                                                           |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 2.59% Unfunded |   | 04/06/24 |   | A$ | 232 |  |   | (9 | ) |   | (2 | ) |   | (8)(17)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 4,900 |  |   | 4,710 |  |   |   |
| Pinstripe Holdings, LLC                                        |   | First Lien Secured Debt |   | 8.50% (2M L+600) |   | 01/17/25 |   | 7,000 |  |   | 6,864 |  |   | 6,895 |  |   |   |
| Tidewater Consumer Receivables, LLC                            |   | First Lien Secured Debt |   | 8.25% (1M L+575) |   | 12/28/23 |   | 11,333 |  |   | 11,226 |  |   | 11,220 |  |   | (9)(17) |
|                                                           |   | First Lien Secured Debt - Revolver |   | 8.25% (1M L+575) |   | 12/28/23 |   | 792 |  |   | 792 |  |   | 784 |  |   | (9)(17)(23) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.00% Unfunded |   | 12/28/23 |   | 1,542 |  |   | (11 | ) |   | (8 | ) |   | (8)(9)(17)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 12,007 |  |   | 11,996 |  |   |   |
| Total Consumer Services                                        |   |   | $ | 48,505 |  |   | $ | 48,309 |  |   |   |
| Containers, Packaging & Glass                              |   |   |   |   |   |   |   |   |   |   |
| Sprint Industrial Holdings, LLC                                |   | Second Lien Secured Debt |   | 13.5% PIK |   | 11/14/19 |   | $ | 21,782 |  |   | $ | 18,107 |  |   | $ | 15,912 |  |   | (13)(14) |
|                                                           |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 7,341 Warrants |  |   | — |  |   | — |  |   | (13)(26) |
|                                                           |   |   |   |   |   |   |   |   |   | 18,107 |  |   | 15,912 |  |   |   |
| TricorBraun Holdings, Inc.                                     |   | First Lien Secured Debt - Revolver |   | 7.75% (P+225) |   | 11/30/21 |   | 1,628 |  |   | 1,628 |  |   | 1,630 |  |   | (23) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/30/21 |   | 3,998 |  |   | (270 | ) |   | — |  |   | (21)(23) |
|                                                           |   | 1,358 |  |   | 1,630 |  |   |   |
| Total Containers, Packaging & Glass                        |   |   | $ | 19,465 |  |   | $ | 17,542 |  |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate |   |   |   |   |   |   |   |   |   |   |
| Alera Group Intermediate Holdings                              |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 08/01/25 |   | $ | 28,000 |  |   | $ | (242 | ) |   | $ | (252 | ) |   | (8)(21)(23) |
| Exeter Property Group, LLC                                     |   | First Lien Secured Debt |   | 7.00% (1M L+450) |   | 08/28/24 |   | 4,808 |  |   | 4,737 |  |   | 4,736 |  |   | (9) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/28/24 |   | 192 |  |   | (3 | ) |   | (3 | ) |   | (8)(9)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 4,734 |  |   | 4,733 |  |   |   |
| Flock SPV I, LLC                                               |   | First Lien Secured Debt |   | 9.00% (1M L+650) |   | 08/30/22 |   | 9,333 |  |   | 9,265 |  |   | 9,251 |  |   | (9)(17) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/30/22 |   | 1,333 |  |   | (11 | ) |   | (12 | ) |   | (8)(9)(17)(21)(23) |
|                                                           |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 08/30/22 |   | 9,333 |  |   | (91 | ) |   | (83 | ) |   | (8)(9)(17)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 9,163 |  |   | 9,156 |  |   |   |
| Golden Bear 2016-R, LLC (4)                                    |   | Structured Products and Other - Membership Interests |   | N/A |   | 09/20/42 |   | — |  |   | 16,645 |  |   | 12,936 |  |   | (3)(17) |
| Mayfield Agency Borrower Inc.                                  |   | Second Lien Secured Debt |   | 11.00% (1M L+850) |   | 03/02/26 |   | 5,000 |  |   | 4,935 |  |   | 4,913 |  |   | (10) |
| Purchasing Power, LLC                                          |   | First Lien Secured Debt |   | 8.00% (1M L+550) |   | 05/09/19 |   | 17,100 |  |   | 17,099 |  |   | 17,087 |  |   | (9) |
|                                                           |   | First Lien Secured Debt - Revolver |   | 7.99% (1M L+550) |   | 05/09/19 |   | 3,000 |  |   | 2,998 |  |   | 2,998 |  |   | (9)(23) |
|                                                           |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 05/09/19 |   | 9,900 |  |   | (14 | ) |   | (7 | ) |   | (8)(9)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 20,083 |  |   | 20,078 |  |   |   |

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|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
| Taupo River II, LLC                                                   |   | First Lien Secured Debt |   | 7.84% (3M L+525, 1.00% Floor) |   | 06/08/20 |   | 14,000 |  |   | 13,956 |  |   | 13,955 |  |   | (9)(17) |
| Ten-X, LLC                                                            |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/29/22 |   | 4,680 |  |   | (295 | ) |   | (310 | ) |   | (8)(21)(23) |
| Total Diversified Investment Vehicles, Banking, Finance, Real Estate  |   |   | $ | 68,979 |  |   | $ | 65,209 |  |   |   |
| Energy – Electricity                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| AMP Solar Group, Inc. (4)                                             |   | Common Equity/Interests - Class A Common Unit |   | N/A |   | N/A |   | 243,646 Shares |  |   | $ | 10,000 |  |   | $ | 6,236 |  |   | (13)(17) |
| Renew Financial                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| AIC SPV Holdings II, LLC (4)                                          |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 143 Shares |  |   | 534 |  |   | 440 |  |   | (17)(15) |
| Renew Financial LLC (f/k/a Renewable Funding, LLC) (4)                |   | Preferred Equity - Series B Preferred Stock |   | N/A |   | N/A |   | 1,505,868 Shares |  |   | 8,343 |  |   | 14,573 |  |   | (13) |
|                                                                  |   | Preferred Equity - Series D Preferred Stock |   | N/A |   | N/A |   | 436,689 Shares |  |   | 5,568 |  |   | 5,890 |  |   | (13) |
| Renew JV LLC (4)                                                      |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | N/A |  |   | 1,796 |  |   | 2,296 |  |   | (13)(17) |
|                                                                  |   |   |   |   |   |   |   |   |   | 16,241 |  |   | 23,199 |  |   |   |
| Solarplicity Group                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Solarplicity Group Limited (4)                                        |   | First Lien Secured Debt |   | N/A |   | 11/30/22 |   | £ | 4,331 |  |   | 5,811 |  |   | 1,990 |  |   | (3)(17) |
| Solarplicity UK Holdings Limited                                      |   | First Lien Secured Debt |   | 4.00% |   | 03/08/23 |   | £ | 5,562 |  |   | 7,637 |  |   | 7,173 |  |   | (17) |
|                                                                  |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 4,286 Shares |  |   | 5,861 |  |   | 4,922 |  |   | (2)(13)(17) |
|                                                                  |   | Common Equity/Interests - Ordinary Shares |   | N/A |   | N/A |   | 2,825 Shares |  |   | 4 |  |   | 223 |  |   | (2)(13)(17) |
|                                                                  |   |   |   |   |   |   |   |   |   | 19,313 |  |   | 14,308 |  |   |   |
| Total Energy – Electricity                                      |   |   | $ | 45,554 |  |   | $ | 43,743 |  |   |   |
| Energy – Oil & Gas                                          |   |   |   |   |   |   |   |   |   |   |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.) (5) |   | First Lien Secured Debt |   | 8.00% Cash (10.00% PIK Toggle) |   | 03/29/20 |   | $ | 9,000 |  |   | $ | 9,000 |  |   | $ | 9,000 |  |   |   |
|                                                                  |   | Second Lien Secured Debt |   | 10.00% PIK Toggle (8.00% Cash) |   | 03/29/21 |   | 33,705 |  |   | 33,705 |  |   | 33,705 |  |   |   |
|                                                                  |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 5,000,000 Shares |  |   | 30,078 |  |   | 3,346 |  |   | (13) |
|                                                                  |   |   |   |   |   |   |   |   |   | 72,783 |  |   | 46,051 |  |   |   |
| Pelican Energy, LLC (4)                                               |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 1,444 Shares |  |   | 18,375 |  |   | 5,320 |  |   | (13)(16)(17) |
| SHD Oil & Gas, LLC (5)                                            |   | First Lien Secured Debt - Tranche C Note |   | 12.00% |   | 03/31/20 |   | 20,400 |  |   | 20,400 |  |   | 21,012 |  |   |   |
|                                                                  |   | First Lien Secured Debt - Tranche A Note |   | 4.00% |   | 03/31/20 |   | 45,457 |  |   | 45,457 |  |   | 46,821 |  |   |   |
|                                                                  |   | First Lien Secured Debt - Tranche B Note |   | 3.00% PIK |   | 03/31/20 |   | 81,956 |  |   | 44,380 |  |   | 39,432 |  |   | (13)(14) |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 03/31/20 |   | 1,600 |  |   | — |  |   | — |  |   | (21)(23) |
|                                                                  |   | Common Equity/Interests - Series A Units |   | N/A |   | N/A |   | 7,600,000 Shares |  |   | 1,411 |  |   | — |  |   | (13)(16) |
|                                                                  |   |   |   |   |   |   |   |   |   | 111,648 |  |   | 107,265 |  |   |   |
| Total Energy – Oil & Gas                                    |   |   | $ | 202,806 |  |   | $ | 158,636 |  |   |   |
| Food & Grocery                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bumble Bee Foods                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bumble Bee Holdings, Inc.                                             |   | First Lien Secured Debt |   | 10.64% (3M L+800, 1.00% Floor) |   | 08/15/23 |   | $ | 15,351 |  |   | $ | 15,110 |  |   | $ | 14,890 |  |   |   |

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Table of Contents

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|                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                        |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
| Connors Bros Clover Leaf Seafoods Company |   | First Lien Secured Debt |   | 10.64% (3M L+800, 1.00% Floor) |   | 08/15/23 |   | 4,349 |  |   | 4,281 |  |   | 4,219 |  |   |   |
|                                      |   |   |   |   |   |   |   |   |   | 19,391 |  |   | 19,109 |  |   |   |
| Grocery Outlet, Inc.                      |   | Second Lien Secured Debt |   | 9.85% (3M L+725) |   | 10/22/26 |   | 10,500 |  |   | 10,400 |  |   | 10,474 |  |   | (10) |
| Total Food & Grocery                  |   |   | $ | 29,791 |  |   | $ | 29,583 |  |   |   |
| Healthcare & Pharmaceuticals          |   |   |   |   |   |   |   |   |   |   |
| Altasciences                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 9360-1367 Quebec Inc.                     |   | First Lien Secured Debt |   | 8.49% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | C$ | 2,394 |  |   | $ | 1,755 |  |   | $ | 1,725 |  |   | (9)(17) |
|                                      |   | First Lien Secured Debt |   | 8.88% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | $ | 2,870 |  |   | 2,824 |  |   | 2,762 |  |   | (9)(17) |
| Altasciences US Acquisition, Inc.         |   | First Lien Secured Debt |   | 8.88% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 5,182 |  |   | 5,101 |  |   | 4,988 |  |   | (9) |
|                                      |   | First Lien Secured Debt |   | 8.85% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 922 |  |   | 922 |  |   | 887 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Revolver |   | 8.86% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 535 |  |   | 535 |  |   | 515 |  |   | (9)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.25% Unfunded |   | 06/09/23 |   | 891 |  |   | (22 | ) |   | (33 | ) |   | (8)(9)(21)(23)(27) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 06/09/23 |   | 1,929 |  |   | (25 | ) |   | (72 | ) |   | (8)(9)(21)(23)(27) |
|                                      |   |   |   |   |   |   |   |   |   | 11,090 |  |   | 10,772 |  |   |   |
| Amerivet Partners Management, Inc.        |   | First Lien Secured Debt |   | 8.25% (1M L+575, 1.00% Floor) |   | 06/05/24 |   | 14,372 |  |   | 14,145 |  |   | 14,046 |  |   | (9) |
|                                      |   | First Lien Secured Debt |   | 10.25% (P+475) |   | 06/05/24 |   | 1,635 |  |   | 1,619 |  |   | 1,598 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Revolver |   | 10.25% (P+475) |   | 06/05/24 |   | 81 |  |   | 81 |  |   | 79 |  |   | (9)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/05/24 |   | 725 |  |   | (17 | ) |   | (16 | ) |   | (8)(9)(21)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 06/05/24 |   | 10,141 |  |   | (214 | ) |   | (230 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 15,614 |  |   | 15,477 |  |   |   |
| Analogic Corporation                      |   | First Lien Secured Debt |   | 8.50% (1M L+600, 1.00% Floor) |   | 06/22/24 |   | 27,254 |  |   | 26,661 |  |   | 26,982 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/22/23 |   | 2,609 |  |   | (55 | ) |   | (26 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 26,606 |  |   | 26,956 |  |   |   |
| Aptevo Therapeutics Inc.                  |   | First Lien Secured Debt |   | 10.10% (1M L+760, 0.50% Floor) |   | 02/01/23 |   | 8,571 |  |   | 8,730 |  |   | 8,521 |  |   | (9) |
| Argon Medical Devices Holdings, Inc.      |   | Second Lien Secured Debt |   | 10.50% (1M L+800, 1.00% Floor) |   | 01/23/26 |   | 19,600 |  |   | 19,516 |  |   | 19,306 |  |   | (10) |
| AVG Intermediate Holdings LLC             |   | First Lien Secured Debt |   | 12.50% (P+700) |   | 02/08/24 |   | 15,000 |  |   | 14,672 |  |   | 14,651 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 1.00% Unfunded |   | 02/08/24 |   | 14,500 |  |   | (317 | ) |   | (338 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 14,355 |  |   | 14,313 |  |   |   |
| BioClinica Holding I, LP                  |   | Second Lien Secured Debt |   | 11.00% (3M L+825, 1.00% Floor) |   | 10/21/24 |   | 24,612 |  |   | 24,251 |  |   | 22,151 |  |   | (10) |
| Cerus Corporation                         |   | First Lien Secured Debt |   | 7.95% (1M L+545, 1.80% Floor) |   | 03/01/24 |   | 12,000 |  |   | 11,940 |  |   | 11,940 |  |   | (9)(17) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.00% Unfunded |   | 03/01/24 |   | 500 |  |   | (1 | ) |   | (4 | ) |   | (8)(9)(17)(21)(23) |

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Table of Contents

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|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 03/01/24 |   | 9,000 |  |   | (44 | ) |   | (46 | ) |   | (8)(9)(17)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 11,895 |  |   | 11,890 |  |   |   |
| Emmes Corporation                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Emmes Blocker, Inc.                   |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 306 Shares |  |   | 306 |  |   | 306 |  |   | (9)(13) |
| The Emmes Company, LLC                |   | First Lien Secured Debt |   | 8.00% (1M L+550, 1.00% Floor) |   | 03/03/25 |   | 12,245 |  |   | 12,064 |  |   | 11,939 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/03/25 |   | 2,449 |  |   | (36 | ) |   | (61 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 12,334 |  |   | 12,184 |  |   |   |
| Genesis Healthcare, Inc.              |   | First Lien Secured Debt |   | 8.59% (3M L+600, 0.50% Floor) |   | 03/06/23 |   | 25,000 |  |   | 24,705 |  |   | 24,713 |  |   | (9) |
|                                  |   | First Lien Secured Debt |   | 13.59% (3M L+1100, 1.00% Floor) |   | 03/06/23 |   | 9,130 |  |   | 8,987 |  |   | 9,026 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Revolver |   | 8.59% (3M L+600, 0.50% Floor) |   | 03/06/23 |   | 11,077 |  |   | 11,077 |  |   | 10,953 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Revolver |   | 5.84% (3M L+325, 0.50% Floor) |   | 03/06/23 |   | 9,030 |  |   | 9,030 |  |   | 8,928 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/06/23 |   | 36,097 |  |   | (556 | ) |   | (404 | ) |   | (8)(9)(21)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/02/20 |   | 4,666 |  |   | (161 | ) |   | (52 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 53,082 |  |   | 53,164 |  |   |   |
| Lanai Holdings III, Inc.              |   | Second Lien Secured Debt |   | 11.24% (3M L+850, 1.00% Floor) |   | 08/28/23 |   | 17,391 |  |   | 17,064 |  |   | 15,652 |  |   | (10) |
| LSCS Holdings, Inc                    |   | Second Lien Secured Debt |   | 10.83% (2M L+825) |   | 03/16/26 |   | 19,818 |  |   | 19,415 |  |   | 19,718 |  |   |   |
| Maxor National Pharmacy Services, LLC |   | First Lien Secured Debt |   | 8.60% (3M L+600, 1.00% Floor) |   | 11/22/23 |   | 24,732 |  |   | 24,257 |  |   | 24,278 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/22/22 |   | 1,558 |  |   | (28 | ) |   | (28 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 24,229 |  |   | 24,250 |  |   |   |
| Partner Therapeutics, Inc             |   | First Lien Secured Debt |   | 9.15% (1M L+665, 1.00% Floor) |   | 01/01/23 |   | 10,000 |  |   | 9,859 |  |   | 9,785 |  |   | (9) |
|                                  |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 55,556 Shares |  |   | 333 |  |   | 333 |  |   | (9) |
|                                  |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 33,333 Warrants |  |   | 135 |  |   | 93 |  |   | (9)(13) |
|                                  |   |   |   |   |   |   |   |   |   | 10,327 |  |   | 10,211 |  |   |   |
| PHS Buyer, Inc.                       |   | First Lien Secured Debt |   | 7.99% (3M L+525, 1.00% Floor) |   | 01/31/25 |   | 13,000 |  |   | 12,716 |  |   | 12,708 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/31/25 |   | 2,000 |  |   | (44 | ) |   | (45 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 12,672 |  |   | 12,663 |  |   |   |
| ProPharma Group Intermediate, LLC     |   | First Lien Secured Debt |   | 8.50% (1M L+600, 0.50% Floor) |   | 07/12/23 |   | 11,062 |  |   | 10,957 |  |   | 10,951 |  |   |   |
|                                  |   | First Lien Secured Debt |   | 8.50% (1M L+600, 0.50% Floor) |   | 01/13/20 |   | 412 |  |   | 410 |  |   | 408 |  |   |   |
|                                  |   | First Lien Secured Debt |   | 8.50% (1M L+600, 0.50% Floor) |   | 07/12/23 |   | € | 6,422 |  |   | 7,253 |  |   | 7,138 |  |   |   |
|                                  |   | First Lien Secured Debt |   | 8.50% (1M L+600, 0.50% Floor) |   | 07/12/23 |   | £ | 1,878 |  |   | 2,439 |  |   | 2,423 |  |   |   |
|                                  |   | First Lien Secured Debt |   | 8.50% (1M L+600, 0.50% Floor) |   | 01/13/20 |   | £ | 2,389 |  |   | 3,111 |  |   | 3,082 |  |   |   |
|                                  |   | First Lien Secured Debt - Revolver |   | 8.48% (1M L+600, 0.50% Floor) |   | 07/12/23 |   | 757 |  |   | 757 |  |   | 750 |  |   | (23) |

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|                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                 |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 07/12/23 |   | 275 |  |   | (10 | ) |   | (3 | ) |   | (8)(21)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 01/13/20 |   | 1 |  |   | (1 | ) |   | (4 | ) |   | (8)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 24,916 |  |   | 24,745 |  |   |   |
| PTC Therapeutics, Inc                              |   | First Lien Secured Debt |   | 8.65% (1M L+615, 1.00% Floor) |   | 05/01/21 |   | 12,666 |  |   | 12,633 |  |   | 12,792 |  |   | (9)(17) |
| RiteDose Holdings I, Inc.                          |   | First Lien Secured Debt |   | 9.09% (3M L+650, 1.00% Floor) |   | 09/13/23 |   | 14,813 |  |   | 14,454 |  |   | 14,377 |  |   | (9) |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/13/22 |   | 2,000 |  |   | (45 | ) |   | (51 | ) |   | (8)(9)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 14,409 |  |   | 14,326 |  |   |   |
| Teladoc, Inc.                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 07/14/20 |   | 1,306 |  |   | (29 | ) |   | — |  |   | (17)(21)(23) |
|                                               |   | First Lien Secured Debt - Letters of Credit |   | 7.25% |   | 04/12/19- 05/15/20 |   | 360 |  |   | — |  |   | — |  |   | (17)(23) |
|                                               |   |   |   |   |   |   |   |   |   | (29 | ) |   | — |  |   |   |
| TherapeuticsMD, Inc.                               |   | First Lien Secured Debt |   | 10.25% (1M L+775, 1.50% Floor) |   | 05/01/23 |   | 22,500 |  |   | 22,459 |  |   | 22,275 |  |   | (9)(17) |
|                                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 05/01/23 |   | 37,500 |  |   | (313 | ) |   | (375 | ) |   | (8)(9)(17)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 22,146 |  |   | 21,900 |  |   |   |
| Wright Medical Group, Inc.                         |   | First Lien Secured Debt |   | 10.35% (1M L+785, 1.00% Floor) |   | 12/23/21 |   | 6,666 |  |   | 6,565 |  |   | 6,666 |  |   | (9)(17) |
|                                               |   | First Lien Secured Debt - Revolver |   | 6.75% (1M L+425, 0.75% Floor) |   | 12/23/21 |   | 7,666 |  |   | 7,666 |  |   | 7,590 |  |   | (9)(17)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/23/21 |   | 50,667 |  |   | (354 | ) |   | (507 | ) |   | (8)(9)(17)(21)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 12/23/21 |   | 11,667 |  |   | (100 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 13,777 |  |   | 13,749 |  |   |   |
| Total Healthcare & Pharmaceuticals             |   |   | $ | 369,032 |  |   | $ | 364,740 |  |   |   |
| High Tech Industries                               |   |   |   |   |   |   |   |   |   |   |   |   |
| API Healthcare Holding Corporation                 |   | First Lien Secured Debt -Unfunded Revolver |   | 1.00% Unfunded |   | 02/11/22 |   | $ | 5,000 |  |   | $ | (96 | ) |   | $ | — |  |   | (9)(21)(23) |
| ChargePoint, Inc.                                  |   | First Lien Secured Debt |   | 9.05% (1M L+655, 1.25% Floor) |   | 06/01/23 |   | 10,500 |  |   | 10,410 |  |   | 10,422 |  |   | (9) |
|                                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 06/01/23 |   | 3,000 |  |   | (26 | ) |   | — |  |   | (9)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 10,384 |  |   | 10,422 |  |   |   |
| ChyronHego Corporation                             |   | First Lien Secured Debt |   | 7.43% (3M L+643, 1.00% Floor) |   | 03/09/20 |   | 34,346 |  |   | 34,200 |  |   | 32,286 |  |   | (18) |
| DigiCert Holdings, Inc.                            |   | Second Lien Secured Debt |   | 10.50% (1M L+800, 1.00% Floor) |   | 10/31/25 |   | 12,157 |  |   | 12,107 |  |   | 11,998 |  |   | (10) |
| FiscalNote, Inc.                                   |   | First Lien Secured Debt |   | 10.50% (1M L+800, 1.00% Floor) |   | 08/21/23 |   | 28,125 |  |   | 27,446 |  |   | 27,352 |  |   | (9) |
|                                               |   | First Lien Secured Debt - Revolver |   | 10.50% (1M L+800, 1.00% Floor) |   | 08/21/23 |   | 1,313 |  |   | 1,313 |  |   | 1,276 |  |   | (9)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/21/23 |   | 1,313 |  |   | (63 | ) |   | (36 | ) |   | (8)(9)(21)(23) |
|                                               |   | Preferred Equity - Series F Preferred Stock |   | N/A |   | N/A |   | 259,565 Shares |  |   | 1,500 |  |   | 1,500 |  |   | (9) |
|                                               |   |   |   |   |   |   |   |   |   | 30,196 |  |   | 30,092 |  |   |   |
| International Cruise & Excursion Gallery, Inc. |   | First Lien Secured Debt |   | 7.75% (1M L+525, 1.00% Floor) |   | 06/06/25 |   | 14,888 |  |   | 14,622 |  |   | 14,776 |  |   |   |

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|                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                        |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
| LabVantage Solutions                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LabVantage Solutions Inc.                 |   | First Lien Secured Debt |   | 10.00% (1M L+750, 1.00% Floor) |   | 12/29/20 |   | 11,543 |  |   | 11,411 |  |   | 11,428 |  |   |   |
| LabVantage Solutions Limited              |   | First Lien Secured Debt |   | 8.50% (E+750, 1.00% Floor) |   | 12/29/20 |   | € | 11,630 |  |   | 12,373 |  |   | 12,928 |  |   | (17) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/29/20 |   | € | 3,435 |  |   | (36 | ) |   | (39 | ) |   | (8)(17)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 12,337 |  |   | 12,889 |  |   |   |
| Magnate Holding Corp.                     |   | First Lien Secured Debt |   | 8.60% (3M L+600, 1.00% Floor) |   | 12/16/24 |   | 16,670 |  |   | 16,433 |  |   | 16,430 |  |   | (9)(17) |
|                                      |   | First Lien Secured Debt - Revolver |   | 7.60% (3M L+500, 1.00% Floor) |   | 12/14/23 |   | 1,857 |  |   | 1,857 |  |   | 1,830 |  |   | (9)(17)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 1.75% Unfunded |   | 12/14/23 |   | 1,473 |  |   | (47 | ) |   | (21 | ) |   | (8)(9)(17)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 18,243 |  |   | 18,239 |  |   |   |
| Omnitracs, LLC                            |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/23/23 |   | 3,750 |  |   | (268 | ) |   | (338 | ) |   | (8)(21)(23) |
| Sirsi Corporation                         |   | First Lien Secured Debt |   | 7.23% (1M L+475, 1.00% Floor) |   | 03/15/24 |   | 7,071 |  |   | 6,966 |  |   | 6,965 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/15/24 |   | 429 |  |   | (6 | ) |   | (6 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 6,960 |  |   | 6,959 |  |   |   |
| Telestream Holdings Corporation           |   | First Lien Secured Debt |   | 7.61% (6M L+645, 1.00% Floor) |   | 03/24/22 |   | 35,980 |  |   | 35,754 |  |   | 35,261 |  |   | (18) |
| Tibco Software Inc.                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/05/19 |   | 6,000 |  |   | (8 | ) |   | (450 | ) |   | (8)(21)(23) |
| ZPower, LLC                               |   | First Lien Secured Debt |   | 10.25% (1M L+775, 1.00% Floor) |   | 07/01/22 |   | 6,666 |  |   | 6,711 |  |   | 6,617 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 07/01/22 |   | 1,667 |  |   | (6 | ) |   | (13 | ) |   | (8)(9)(21)(23) |
|                                      |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 29,630 Warrants |  |   | 48 |  |   | 57 |  |   | (9)(13) |
|                                      |   |   |   |   |   |   |   |   |   | 6,753 |  |   | 6,661 |  |   |   |
| Total High Tech Industries                |   |   | $ | 192,595 |  |   | $ | 190,223 |  |   |   |
| Hotel, Gaming, Leisure, Restaurants       |   |   |   |   |   |   |   |   |   |   |
| GFRC Holdings LLC                         |   | First Lien Secured Debt |   | 10.63% (3M L+800 Cash (L+800 PIK Toggle), 1.50% Floor) |   | 02/01/22 |   | $ | 2,500 |  |   | $ | 2,500 |  |   | $ | 2,500 |  |   |   |
| Total Hotel, Gaming, Leisure, Restaurants |   |   | $ | 2,500 |  |   | $ | 2,500 |  |   |   |
| Manufacturing, Capital Equipment          |   |   |   |   |   |   |   |   |   |   |
| AVAD                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| AVAD Canada Ltd.                          |   | First Lien Secured Debt - Revolver |   | 6.50% (1M L+400, 1.00% Floor) |   | 10/2/23 |   | $ | 636 |  |   | 636 |  |   | 626 |  |   | (9)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 10/2/23 |   | 364 |  |   | (18 | ) |   | (6 | ) |   | (8)(9)(21)(23) |
| AVAD, LLC                                 |   | First Lien Secured Debt |   | 10.25% (1M L+775, 1.00% Floor) |   | 10/2/23 |   | 9,653 |  |   | 9,476 |  |   | 9,457 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Revolver |   | 6.50% (1M L+400, 1.00% Floor) |   | 10/2/23 |   | 11,650 |  |   | 11,650 |  |   | 11,461 |  |   | (9)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 10/2/23 |   | 4,016 |  |   | (282 | ) |   | (65 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 21,462 |  |   | 21,473 |  |   |   |
| MedPlast Holdings Inc.                    |   | Second Lien Secured Debt |   | 10.35% (3M L+775) |   | 07/02/26 |   | 8,000 |  |   | 7,927 |  |   | 8,000 |  |   | (10) |
| Total Manufacturing, Capital Equipment    |   |   | $ | 29,389 |  |   | $ | 29,473 |  |   |   |

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|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                             |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (29) |   |  FairValue     (1) (30) |   |   |
| Media – Diversified & Production                     |   |   |   |   |   |   |   |   |   |   |
| SESAC Holdco II LLC                                            |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/23/22 |   | $ | 587 |  |   | $ | (31 | ) |   | $ | (44 | ) |   | (8)(10)(21)(23) |
|                                                           |   | Second Lien Secured Debt |   | 9.75% (1M L+725, 1.00% Floor) |   | 02/24/25 |   | 3,241 |  |   | 3,217 |  |   | 3,217 |  |   | (10) |
|                                                           |   |   |   |   |   |   |   |   |   | 3,186 |  |   | 3,173 |  |   |   |
| Sonar Entertainment, Inc.                                      |   | First Lien Secured Debt |   | 10.10% (1M L+760, 1.25% Floor) |   | 11/15/21 |   | 9,267 |  |   | 9,125 |  |   | 9,104 |  |   | (9) |
|                                                           |   | First Lien Secured Debt - Revolver |   | 10.10% (1M L+760, 1.25% Floor) |   | 11/15/21 |   | 5,856 |  |   | 5,856 |  |   | 5,753 |  |   | (9)(23) |
|                                                           |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/15/21 |   | 16,975 |  |   | (349 | ) |   | (297 | ) |   | (8)(9)(21)(23) |
|                                                           |   |   |   |   |   |   |   |   |   | 14,632 |  |   | 14,560 |  |   |   |
| Total Media – Diversified & Production               |   |   | $ | 17,818 |  |   | $ | 17,733 |  |   |   |
| Metals & Mining                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Magnetation, LLC                                               |   | First Lien Secured Debt |   | 10.60% (3M L+800 Cash (PIK Toggle)) |   | 12/31/19 |   | $ | 1,225 |  |   | $ | 1,146 |  |   | $ | 221 |  |   | (13)(14) |
| Total Metals & Mining                                      |   |   | $ | 1,146 |  |   | $ | 221 |  |   |   |
| Telecommunications                                             |   |   |   |   |   |   |
| IPC Corporation                                                |   | First Lien Secured Debt |   | 7.76% (3M L+500, 1.00% Floor) |   | 08/06/21 |   | $ | 10,000 |  |   | $ | 9,928 |  |   | $ | 8,888 |  |   | (9) |
| Securus Technologies Holdings, Inc.                            |   | Second Lien Secured Debt |   | 10.75% (1M L+825, 1.00% Floor) |   | 11/01/25 |   | 12,878 |  |   | 12,772 |  |   | 12,653 |  |   | (10) |
| Total Telecommunications                                       |   |   | $ | 22,700 |  |   | $ | 21,541 |  |   |   |
| Transportation – Cargo, Distribution                     |   |   |   |   |   |   |   |   |   |   |
| Dynamic Product Tankers, LLC (5)                               |   | First Lien Secured Debt |   | 9.60% (3M L+700) |   | 06/30/23 |   | $ | 42,000 |  |   | 41,830 |  |   | 42,000 |  |   | (17) |
|                                                           |   | First Lien Secured Debt - Letters of Credit |   | 2.25% |   | 09/20/19 |   | 6,050 |  |   | — |  |   | — |  |   | (17)(23) |
|                                                           |   | Common Equity/Interests - Class A Units |   | N/A |   | N/A |   | N/A |  |   | 49,806 |  |   | 36,879 |  |   | (17)(24) |
|                                                           |   |   |   |   |   |   |   |   |   | 91,636 |  |   | 78,879 |  |   |   |
| MSEA Tankers LLC (5)                                           |   | Common Equity/Interests - Class A Units |   | N/A |   | N/A |   | N/A |  |   | 74,450 |  |   | 73,369 |  |   | (17)(25) |
| PT Intermediate Holdings III, LLC                              |   | Second Lien Secured Debt |   | 10.60% (3M L+800, 1.00% Floor) |   | 12/08/25 |   | 9,375 |  |   | 9,296 |  |   | 9,281 |  |   |   |
| Total Transportation – Cargo, Distribution               |   |   | $ | 175,382 |  |   | $ | 161,529 |  |   |   |
| Utilities – Electric                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Repackaging Trust Six B.V.                               |   | Structured Products and Other |   | 12.05% |   | 05/18/27 |   | $ | 58,411 |  |   | $ | 26,480 |  |   | $ | 32,659 |  |   | (11)(17)(19) |
| Total Utilities – Electric                               |   |   | $ | 26,480 |  |   | $ | 32,659 |  |   |   |
| Total Investments before Cash Equivalents and Option Contracts |   |   |   | $ | 2,458,111 |  |   | $ | 2,408,132 |  |   |   |
| J.P. Morgan U.S. Government Money Market Fund                  |   | N/A |   | N/A |   | N/A |   | $ | 36,280 |  |   | $ | 36,280 |  |   | $ | 36,280 |  |   | (22) |
| Total Investments after Cash Equivalents                       |   |   |   | $ | 2,494,391 |  |   | $ | 2,444,412 |  |   | (6)(7) |

|     |                                                                                                                                                     |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Fair value is determined in good faith by or under the direction of the Board of Directors of the Company (See Note 2 to the financial statements). |

|     |                                                                                                           |
|-----|-----------------------------------------------------------------------------------------------------------|
| (2) | Preferred and ordinary shares in Solarplicity UK Holdings Limited are GBP denominated equity investments. |

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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Denotes investments in which the Company owns greater than 25% of the equity, where the governing documents of each entity preclude the Company from exercising a controlling influence over the management or policies of such entity. The Company does not have the right to elect or appoint more than 25% of the directors or another party has the right to elect or appoint more directors than the Company and has the right to appoint certain members of senior management. Therefore, the Company has determined that these entities are not controlled affiliates. As of March 31, 2019, we had a 100% and 28% equity ownership interest in Golden Bear 2016-R, LLC and Solarplicity Group Limited, respectively. Equity ownership in Solarplicity Group Limited was written off as it was deemed worthless. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                             |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | Denotes investments in which we are an “Affiliated Person,” as defined in the 1940 Act, due to holding the power to vote or owning 5% or more of the outstanding voting securities of the investment but not controlling the company. Fair value as of March 31, 2018 and March 31, 2019 along with transactions during the year ended March 31, 2019 in these affiliated investments are as follows: |

|                                                                              |
|------------------------------------------------------------------------------|
|                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name of Issuer                                                               | Fair Value at March 31, 2018 | Gross Additions ● | Gross Reductions ■ | Net Change in Unrealized Gains (Losses) | Fair Value at March 31, 2019 | Net Realized Gains (Losses) | Interest/Dividend/Other Income |
| AIC SPV Holdings II, LLC, Preferred Stock                                    | $ | 925 |  | $ | 534 |  | $ | (534 | ) | $ | (485 | ) | $ | 440 |  | $ | — |  | $ | 81 |  |
| AMP Solar Group, Inc., Class A Common Unit                                   | 5,051 |  | — |  | — |  | 1,185 |  | 6,236 |  | — |  | — |  |
| Golden Bear 2016-R, LLC, Membership Interests                                | 14,147 |  | 140 |  | — |  | (1,351 | ) | 12,936 |  | — |  | 1,117 |  |
| Pelican Energy, LLC, Membership Interests                                    | 12,946 |  | — |  | (6,066 | ) | (1,560 | ) | 5,320 |  | — |  | — |  |
| Renew Financial LLC (f/k/a Renewable Funding, LLC), Series B Preferred Stock | 19,035 |  | — |  | — |  | (4,462 | ) | 14,573 |  | — |  | — |  |
| Renew Financial LLC (f/k/a Renewable Funding, LLC), Series D Preferred Stock | 6,676 |  | — |  | — |  | (786 | ) | 5,890 |  | — |  | — |  |
| Renew JV LLC, Membership Interests                                           | 4,111 |  | 839 |  | (1,783 | ) | (871 | ) | 2,296 |  | 2,007 |  | — |  |
| Solarplicity Group Limited, First Lien Term Loan                             | 6,063 |  | — |  | — |  | (4,073 | ) | 1,990 |  | — |  | — |  |
|                                                                         | $ | 68,954 |  | $ | 1,513 |  | $ | (8,383 | ) | $ | (12,403 | ) | $ | 49,681 |  | $ | 2,007 |  | $ | 1,198 |  |

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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (5) | Denotes investments in which we are deemed to exercise a controlling influence over the management or policies of a company, as defined in the 1940 Act, due to beneficially owning, either directly or through one or more controlled companies, more than 25% of the outstanding voting securities of the investment. Fair value as of March 31, 2018 and March 31, 2019 along with transactions during the year ended March 31, 2019 in these controlled investments are as follows: |

|                                                                                          |
|------------------------------------------------------------------------------------------|
|                                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name of Issuer                                                                           | Fair Value at March 31, 2018 | Gross Additions ● | Gross Reductions ■ | Net Change in Unrealized Gains (Losses) | Fair Value at March 31, 2019 | Net Realized Gains (Losses) | Interest/Dividend/Other Income |
| Dynamic Product Tankers, LLC, First Lien Term Loan                                       | $ | 42,000 |  | $ | 40 |  | $ | — |  | $ | (40 | ) | $ | 42,000 |  | $ | — |  | $ | 4,045 |  |
| Dynamic Product Tankers, LLC, Letters of Credit                                          | — |  | — |  | — |  | — |  | — |  | — |  | 16 |  |
| Dynamic Product Tankers, LLC, Class A Units                                              | 41,479 |  | 1,700 |  | — |  | (6,300 | ) | 36,879 |  | — |  | — |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), First Lien Term Loan  | 15,000 |  | — |  | (6,000 | ) | — |  | 9,000 |  | — |  | 1,051 |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), Second Lien Term Loan | 30,510 |  | 3,195 |  | — |  | — |  | 33,705 |  | — |  | 3,246 |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), Common Stock          | 20,303 |  | — |  | — |  | (16,957 | ) | 3,346 |  | — |  | — |  |
| Merx Aviation Finance, LLC, Revolver                                                     | 359,800 |  | 96,000 |  | (84,600 | ) | — |  | 371,200 |  | — |  | 48,180 |  |
| Merx Aviation Finance, LLC, Membership Interests                                         | 42,381 |  | — |  | — |  | 11,900 |  | 54,281 |  | — |  | 9,400 |  |
| MSEA Tankers LLC, Class A Units                                                          | 72,256 |  | — |  | — |  | 1,113 |  | 73,369 |  | — |  | 4,700 |  |
| SHD Oil & Gas, LLC, Tranche A Note                                                   | 44,739 |  | 2,021 |  | — |  | 61 |  | 46,821 |  | — |  | 5,163 |  |
| SHD Oil & Gas, LLC, Tranche B Note                                                   | 40,816 |  | — |  | — |  | (1,384 | ) | 39,432 |  | — |  | — |  |
| SHD Oil & Gas, LLC, Tranche C Note                                                   | 19,776 |  | 1,200 |  | — |  | 36 |  | 21,012 |  | — |  | 2,387 |  |
|                                                                                     | $ | 729,060 |  | $ | 104,156 |  | $ | (90,600 | ) | $ | (11,571 | ) | $ | 731,045 |  | $ | — |  | $ | 78,188 |  |

|       |                                                                                                                                                                                                                                                                                                                                          |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | As of March 31, 2019, the Company had a 85%, 47%, 100%, 98% and 38% equity ownership interest in Dynamic Product Tankers, LLC; Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.); Merx Aviation Finance, LLC; MSEA Tankers, LLC; and SHD Oil & Gas, LLC (f/k/a Spotted Hawk Development LLC), respectively. |

|     |                                                                                                                                                                                    |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (6) | Aggregate gross unrealized gain and loss for federal income tax purposes is $126,359 and $186,864, respectively. Net unrealized loss is $60,504 based on a tax cost of $2,504,916. |

|     |                                                                                                                                                                                                                                                                                          |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (7) | Substantially all securities are pledged as collateral to our multi-currency revolving credit facility (the “Senior Secured Facility” as defined in Note 8 to the financial statements). As such, these securities are not available as collateral to our general creditors. |

|     |                                                                                 |
|-----|---------------------------------------------------------------------------------|
| (8) | The negative fair value is the result of the commitment being valued below par. |

|     |                                                                                                                                                                                                                                                                                                                                     |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (9) | These are co-investments made with the Company’s affiliates in accordance with the terms of the exemptive order the Company received from the Securities and Exchange Commission (the “SEC”) permitting us to do so. (See Note 3 to the financial statements for discussion of the exemptive order from the SEC.) |

|      |                                                                                                                                                                                                                                                                                                                                          |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (10) | Other than the investments noted by this footnote, the fair value of the Company’s investments is determined using unobservable inputs that are significant to the overall fair value measurement. See Note 2 to the financial statements for more information regarding ASC 820, Fair Value Measurements (“ASC 820”). |

|      |                                                                                                                                                                                                                            |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (11) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions that are exempt from registration, normally to qualified institutional buyers. |

|      |                                                                                                                                                                                                             |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (12) | Par amount is denominated in USD unless otherwise noted, Euro (“€”), British Pound (“£”), Canadian Dollar (“C$”), and Australian Dollar (“A$”) . |

|      |                                |
|------|--------------------------------|
| (13) | Non-income producing security. |

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|      |                                                              |
|------|--------------------------------------------------------------|
| (14) | Non-accrual status (See Note 2 to the financial statements). |

|      |                                                                                                                                                          |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------|
| (15) | The underlying investments of AIC SPV Holdings II, LLC is a securitization in which the Company has a 14.25% ownership interest in the residual tranche. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (16) | AIC Spotted Hawk Holdings, LLC, AIC SHD Holdings, LLC and AIC Pelican Holdings, LLC are consolidated wholly-owned special purpose vehicles which only hold equity investments of the underlying portfolio companies and have no other significant assets or liabilities. AIC Spotted Hawk Holdings, LLC and AIC SHD Holdings, LLC hold equity investments in SHD Oil & Gas, LLC. AIC Pelican Holdings, LLC holds an equity investment in Pelican Energy, LLC. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (17) | Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act is subject to change. The Company monitors the status of these assets on an ongoing basis. As of March 31, 2019, non-qualifying assets represented approximately 16.25% of the total assets of the Company. |

|      |                                                                                                                                                                                                          |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (18) | In addition to the interest earned based on the stated rate of this loan, the Company may be entitled to receive additional interest as a result of its arrangement with other lenders in a syndication. |

|      |                                                                                                                                                       |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
| (19) | This investment represents a leveraged subordinated interest in a trust that holds one foreign currency denominated bond and a derivative instrument. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (20) | Generally, the interest rate on floating interest rate investments is at benchmark rate plus spread. The borrower has an option to choose the benchmark rate, such as the London Interbank Offered Rate (“LIBOR”), the Euro Interbank Offered Rate (“EURIBOR”), the federal funds rate or the prime rate. The spread may change based on the type of rate used. The terms in the Schedule of Investments disclose the actual interest rate in effect as of the reporting period. LIBOR loans are typically indexed to 30-day, 60-day, 90-day or 180-day LIBOR rates (1M L, 2M L, 3M L or 6M L, respectively), and EURIBOR loans are typically indexed to 90-day EURIBOR rates (3M E), at the borrower’s option. LIBOR and EURIBOR loans may be subject to interest floors. As of March 31, 2019, rates for 1M L, 2M L, 3M L, 6M L, 1M E, 3M E, 1M BBSW, 3M BBSW, 3M GBP L and Prime are 2.49%, 2.56%, 2.60%, 2.66%, (0.42%), (0.35%), 1.80%, 1.77%, 0.84%, and 5.50%, respectively. |

|      |                                                                                                                                         |
|------|-----------------------------------------------------------------------------------------------------------------------------------------|
| (21) | The rates associated with these undrawn committed revolvers and delayed draw term loans represent rates for commitment and unused fees. |

|      |                                                                                                         |
|------|---------------------------------------------------------------------------------------------------------|
| (22) | This security is included in the Cash and Cash Equivalents on the Statements of Assets and Liabilities. |

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|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (23) | As of March 31, 2019, the Company had the following commitments to fund various revolving and delayed draw senior secured and subordinated loans, including commitments to issue letters of credit through a financial intermediary on behalf of certain portfolio companies. Such commitments are subject to the satisfaction of certain conditions set forth in the documents governing these loans and letters of credit and there can be no assurance that such conditions will be satisfied. See Note 10 to the financial statements for further information on revolving and delayed draw loan commitments, including commitments to issue letters of credit, related to certain portfolio companies. |

|                                                                       |
|-----------------------------------------------------------------------|
|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |
| Portfolio Company                                                     | Total Commitment | Drawn Commitment | Letters of Credit | Undrawn Commitment |
| Aero Operating LLC                                                    | $ | 4,813 |  | $ | 2,663 |  | $ | 118 |  | $ | 2,032 |  |
| Alera Group Intermediate Holdings                                     | 28,000 |  | — |  | — |  | 28,000 |  |
| Altasciences US Acquistion, Inc.                                      | 3,355 |  | 535 |  | — |  | 2,820 |  |
| Amerivet Partners Management, Inc.                                    | 10,947 |  | 81 |  | — |  | 10,866 |  |
| Analogic Corporation                                                  | 2,609 |  | — |  | — |  | 2,609 |  |
| API Healthcare Holding Corporation                                    | 5,000 |  | — |  | — |  | 5,000 |  |
| AVAD                                                                  | 16,666 |  | 12,286 |  | — |  | 4,380 |  |
| AVG Intermediate Holdings LLC                                         | 14,500 |  | — |  | — |  | 14,500 |  |
| BIG Buyer, LLC                                                        | 3,174 |  | 271 |  | — |  | 2,903 |  |
| Carbonfree Chemicals SPE I LLC (f/k/a Maxus Capital Carbon SPE I LLC) | 2,911 |  | — |  | — |  | 2,911 |  |
| Cerus Corporation                                                     | 9,500 |  | — |  | — |  | 9,500 |  |
| ChargePoint, Inc.                                                     | 3,000 |  | — |  | — |  | 3,000 |  |
| Claritas, LLC                                                         | 1,031 |  | — |  | — |  | 1,031 |  |
| Continuum Global Solutions, LLC                                       | 10,769 |  | 6,219 |  | — |  | 4,550 |  |
| Dynamic Product Tankers, LLC                                          | 6,050 |  | — |  | 6,050 |  | — |  |
| Eagle Foods Family Group, LLC                                         | 3,750 |  | — |  | — |  | 3,750 |  |
| Education Personnel*                                                  | 7,665 |  | 1,916 |  | — |  | 5,749 |  |
| Erickson Inc                                                          | 44,999 |  | 27,169 |  | 6,449 |  | 11,381 |  |
| Exeter Property Group, LLC                                            | 192 |  | — |  | — |  | 192 |  |
| FiscalNote, Inc.                                                      | 2,626 |  | 1,313 |  | — |  | 1,313 |  |
| Flock SPV I, LLC                                                      | 10,666 |  | — |  | — |  | 10,666 |  |
| Florida Food Products, LLC                                            | 1,713 |  | 1,336 |  | — |  | 377 |  |
| Genesis Healthcare, Inc.                                              | 60,870 |  | 20,107 |  | — |  | 40,763 |  |
| Gutter Buyer, Inc.                                                    | 6,136 |  | — |  | — |  | 6,136 |  |
| KDC US Holdings                                                       | 6,020 |  | 1,204 |  | 104 |  | 4,712 |  |
| LabVantage Solutions Limited*                                         | 3,857 |  | — |  | — |  | 3,857 |  |
| Lion Cashmere Midco Limited*                                          | 3,994 |  | 253 |  | — |  | 3,741 |  |
| Magnate Holding Corp.                                                 | 3,330 |  | 1,857 |  | — |  | 1,473 |  |
| Maxor National Pharmacy Services, LLC                                 | 1,558 |  | — |  | — |  | 1,558 |  |
| Mclarens Global Ltd. *                                                | 8,532 |  | 172 |  | — |  | 8,360 |  |
| Merx Aviation Finance, LLC                                            | 177 |  | — |  | 177 |  | — |  |
| Nemo (BC) Bidco Pty Ltd *                                             | 165 |  | — |  | — |  | 165 |  |
| Newscycle Solutions, Inc.                                             | 500 |  | 160 |  | — |  | 340 |  |
| Omnitracs, LLC                                                        | 3,750 |  | — |  | — |  | 3,750 |  |
| PHS Buyer, Inc.                                                       | 2,000 |  | — |  | — |  | 2,000 |  |
| Project Comfort Buyer, Inc.                                           | 5,769 |  | — |  | — |  | 5,769 |  |
| ProPharma Group Intermediate, LLC*                                    | 1,033 |  | 757 |  | — |  | 276 |  |
| PSI Services, LLC                                                     | 458 |  | 119 |  | — |  | 339 |  |
| Purchasing Power, LLC                                                 | 12,900 |  | 3,000 |  | — |  | 9,900 |  |
| RA Outdoors, LLC                                                      | 1,200 |  | — |  | 24 |  | 1,176 |  |
| Reddy Ice Corporation                                                 | 15,350 |  | 1,045 |  | 9,750 |  | 4,555 |  |
| RiteDose Holdings I, Inc.                                             | 2,000 |  | — |  | — |  | 2,000 |  |
| SESAC Holdco II LLC                                                   | 587 |  | — |  | — |  | 587 |  |
| SHD Oil & Gas, LLC                                                | 1,600 |  | — |  | — |  | 1,600 |  |

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|                                     |  |  |  |  |  |  |  |  |  |  |  |  |
| Portfolio Company                   | Total Commitment | Drawn Commitment | Letters of Credit | Undrawn Commitment |
| Simplifi Holdings, Inc.             | 2,400 |  | — |  | — |  | 2,400 |  |
| Sirsi Corporation                   | 429 |  | — |  | — |  | 429 |  |
| SONAR ENTERTAINMENT, INC.           | 22,831 |  | 5,856 |  | — |  | 16,975 |  |
| Teladoc, Inc.                       | 1,666 |  | — |  | 360 |  | 1,306 |  |
| Ten-X, LLC                          | 4,680 |  | — |  | — |  | 4,680 |  |
| TGG TS Acquisition Company          | 1,750 |  | 690 |  | — |  | 1,060 |  |
| The Emmes Company, LLC              | 2,449 |  | — |  | — |  | 2,449 |  |
| TherapeuticsMD, Inc.                | 37,500 |  | — |  | — |  | 37,500 |  |
| Tibco Software Inc.                 | 6,000 |  | — |  | — |  | 6,000 |  |
| Tidewater Consumer Receivables, LLC | 2,334 |  | 792 |  | — |  | 1,542 |  |
| TNT Crust LLC                       | 1,626 |  | — |  | — |  | 1,626 |  |
| TricorBraun Holdings, Inc.          | 5,626 |  | 1,628 |  | — |  | 3,998 |  |
| USLS Acquisition, Inc.              | 5,199 |  | 536 |  | 86 |  | 4,577 |  |
| Vertafore, Inc.                     | 15,000 |  | — |  | 424 |  | 14,576 |  |
| Westfall Technik, Inc.              | 5,159 |  | 135 |  | — |  | 5,024 |  |
| Wright Medical Group, Inc.          | 70,000 |  | 7,666 |  | — |  | 62,334 |  |
| ZPower, LLC                         | 1,667 |  | — |  | — |  | 1,667 |  |
| Total Commitments                   | $ | 522,038 |  | $ | 99,766 |  | $ | 23,542 |  | $ | 398,730 |  |

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| (24) | As of March 31, 2019, Dynamic Product Tankers, LLC had various classes of limited liability interests outstanding of which the Company holds Class A-1 and Class A-3 units which are identical except that Class A-1 unit is voting and Class A-3 unit is non-voting. The units entitle the Company to appoint three out of five managers to the board of managers. |

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| (25) | As of March 31, 2019, MSEA Tankers, LLC had various classes of limited liability interests outstanding of which the Company holds Class A-1 and Class A-2 units which are identical except that Class A-1 unit is voting and Class A-2 unit is non-voting. The units entitle the Company to appoint two out of three managers to the board of managers. |

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| (26) | The Company holds three classes of warrants in Sprint Industrial Holdings, LLC. The Company holds 5,595 warrants of Class G, 507 warrants of Class H, and 1,239 warrants of Class I. |

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|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (27) | The unused line fees of 0.50% and 0.25% are collected for the Unfunded Delayed Draw and Unfunded Revolver, respectively from both Altasciences US Acquisition, Inc. and Altasciences / 9360-1367 Quebec Inc. as each borrower has access to the respective lending facilities. |

|      |                                                                                                                                                                                               |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (28) | The Company holds some warrants for this investment as part of the restructuring of the underlying portfolio company.  The warrants have no cost and no fair value as of March 31, 2019. |

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| (29) | The following shows the composition of the Company’s portfolio at cost by control designation, investment type and industry as of March 31, 2019: |

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|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry                                                       | First Lien - Secured Debt | Second Lien - Secured Debt | Unsecured Debt | Structured Products and Other | Preferred Equity | Common Equity/Interests | Warrants | Total |
| Non-Controlled / Non-Affiliated Investments                    |   |   |   |   |   |   |
| Advertising, Printing & Publishing                         | $ | 24,898 |  | $ | 5,496 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 30,394 |  |
| Aerospace & Defense                                        | 26,823 |  | 47,175 |  | — |  | — |  | — |  | — |  | — |  | 73,998 |  |
| Automotive                                                     | 8,370 |  | 23,428 |  | — |  | — |  | — |  | 1,714 |  | — |  | 33,512 |  |
| Beverage, Food & Tobacco                                   | 57,359 |  | — |  | — |  | — |  | — |  | 244 |  |   | 57,603 |  |
| Business Services                                              | 134,311 |  | 215,648 |  | — |  | — |  | 62 |  | 603 |  | — |  | 350,624 |  |
| Chemicals, Plastics & Rubber                               | 72,663 |  | 14,465 |  | — |  | — |  | — |  | 9,000 |  | — |  | 96,128 |  |
| Construction & Building                                    | 23,156 |  | — |  | — |  | — |  | — |  | 500 |  | — |  | 23,656 |  |
| Consumer Goods – Durable                                 | 37,877 |  | 21,649 |  | — |  | — |  | 462 |  | — |  | — |  | 59,988 |  |
| Consumer Goods – Non-Durable                             | 73,574 |  | 20,292 |  | — |  | — |  | — |  | — |  | — |  | 93,866 |  |
| Consumer Services                                              | 23,771 |  | 24,734 |  | — |  | — |  | — |  | — |  | — |  | 48,505 |  |
| Containers, Packaging & Glass                              | 1,358 |  | 18,107 |  | — |  | — |  | — |  | — |  | — |  | 19,465 |  |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 47,399 |  | 4,935 |  | — |  | — |  | — |  | — |  | — |  | 52,334 |  |
| Energy – Electricity                                     | 7,637 |  | — |  | — |  | — |  | 5,861 |  | 4 |  | — |  | 13,502 |  |
| Food & Grocery                                             | 19,391 |  | 10,400 |  | — |  | — |  | — |  | — |  | — |  | 29,791 |  |
| Healthcare & Pharmaceuticals                               | 288,012 |  | 80,246 |  | — |  | — |  | 333 |  | 306 |  | 135 |  | 369,032 |  |
| High Tech Industries                                           | 178,940 |  | 12,107 |  | — |  | — |  | 1,500 |  | — |  | 48 |  | 192,595 |  |
| Hotel, Gaming, Leisure, Restaurants                            | 2,500 |  | — |  | — |  | — |  | — |  | — |  | — |  | 2,500 |  |
| Manufacturing, Capital Equipment                               | 21,462 |  | 7,927 |  | — |  | — |  | — |  | — |  | — |  | 29,389 |  |
| Media – Diversified & Production                     | 14,601 |  | 3,217 |  | — |  | — |  | — |  | — |  | — |  | 17,818 |  |
| Metals & Mining                                            | 1,146 |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,146 |  |
| Telecommunications                                             | 9,928 |  | 12,772 |  | — |  | — |  | — |  | — |  | — |  | 22,700 |  |
| Transportation – Cargo, Distribution                     | — |  | 9,296 |  | — |  | — |  | — |  | — |  | — |  | 9,296 |  |
| Utilities – Electric                                     | — |  | — |  | — |  | 26,480 |  | — |  | — |  | — |  | 26,480 |  |
| Total Non-Controlled / Non-Affiliated Investments              | $ | 1,075,176 |  | $ | 531,894 |  | $ | — |  | $ | 26,480 |  | $ | 8,218 |  | $ | 12,371 |  | $ | 183 |  | $ | 1,654,322 |  |
| Non-Controlled / Affiliated Investments                        |   |   |   |   |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | $ | — |  | $ | — |  | $ | — |  | $ | 16,645 |  | $ | — |  | $ | — |  | $ | — |  | $ | 16,645 |  |
| Energy – Electricity                                     | 5,811 |  | — |  | — |  | — |  | 14,445 |  | 11,796 |  | — |  | 32,052 |  |
| Energy – Oil & Gas                                   | — |  | — |  | — |  | — |  | — |  | 18,375 |  | — |  | 18,375 |  |
| Total Non-Controlled / Affiliated Investments                  | $ | 5,811 |  | $ | — |  | $ | — |  | $ | 16,645 |  | $ | 14,445 |  | $ | 30,171 |  | $ | — |  | $ | 67,072 |  |
| Controlled Investments                                         |   |   |   |   |   |   |   |   |
| Aviation and Consumer Transport                                | $ | 371,200 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 15,000 |  | $ | — |  | $ | 386,200 |  |
| Energy – Oil & Gas                                   | 119,237 |  | 33,705 |  | — |  | — |  | — |  | 31,489 |  | — |  | 184,431 |  |
| Transportation – Cargo, Distribution                     | 41,830 |  | — |  | — |  | — |  | — |  | 124,256 |  | — |  | 166,086 |  |
| Total Controlled Investments                                   | $ | 532,267 |  | $ | 33,705 |  | $ | — |  | $ | — |  | $ | — |  | $ | 170,745 |  | $ | — |  | $ | 736,717 |  |
| Total                                                          | $ | 1,613,254 |  | $ | 565,599 |  | $ | — |  | $ | 43,125 |  | $ | 22,663 |  | $ | 213,287 |  | $ | 183 |  | $ | 2,458,111 |  |

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|      |                                                                                                                                                                         |
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| (30) | The following shows the composition of the Company’s portfolio at fair value by control designation, investment type and industry as of March 31, 2019: |

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|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry                                                       | First Lien - Secured Debt | Second Lien - Secured Debt | Unsecured Debt | Structured Products and Other | Preferred Equity | Common Equity/Interests | Warrants | Total | % of Net Assets |
| Non-Controlled / Non-Affiliated Investments                    |   |   |   |   |   |   |   |
| Advertising, Printing & Publishing                         | $ | 25,086 |  | $ | 5,522 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 30,608 |  | 2.3 | % |
| Aerospace & Defense                                        | 26,158 |  | 47,366 |  | — |  | — |  | — |  | — |  | — |  | 73,524 |  | 5.6 | % |
| Automotive                                                     | 1,287 |  | 22,991 |  | — |  | — |  | — |  | — |  | — |  | 24,278 |  | 1.8 | % |
| Beverage, Food & Tobacco                                   | 57,618 |  | — |  | — |  | — |  | — |  | 323 |  | — |  | 57,941 |  | 4.4 | % |
| Business Services                                              | 135,022 |  | 214,886 |  | — |  | — |  | 62 |  | 696 |  | — |  | 350,666 |  | 26.7 | % |
| Chemicals, Plastics & Rubber                               | 70,108 |  | 14,937 |  | — |  | — |  | — |  | — |  | — |  | 85,045 |  | 6.5 | % |
| Construction & Building                                    | 23,115 |  | — |  | — |  | — |  | — |  | 478 |  | — |  | 23,593 |  | 1.8 | % |
| Consumer Goods – Durable                                 | 36,641 |  | 21,589 |  | — |  | — |  | 462 |  | 470 |  | — |  | 59,162 |  | 4.5 | % |
| Consumer Goods – Non-Durable                             | 73,976 |  | 20,217 |  | — |  | — |  | — |  | — |  | — |  | 94,193 |  | 7.2 | % |
| Consumer Services                                              | 23,601 |  | 24,708 |  | — |  | — |  | — |  | — |  | — |  | 48,309 |  | 3.7 | % |
| Containers, Packaging & Glass                              | 1,630 |  | 15,912 |  | — |  | — |  | — |  | — |  | — |  | 17,542 |  | 1.3 | % |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 47,360 |  | 4,913 |  | — |  | — |  | — |  | — |  | — |  | 52,273 |  | 4.0 | % |
| Energy – Electricity                                     | 7,173 |  | — |  | — |  | — |  | 4,922 |  | 223 |  | — |  | 12,318 |  | 0.9 | % |
| Food & Grocery                                             | 19,109 |  | 10,474 |  | — |  | — |  | — |  | — |  | — |  | 29,583 |  | 2.3 | % |
| Healthcare & Pharmaceuticals                               | 287,181 |  | 76,827 |  | — |  | — |  | 333 |  | 306 |  | 93 |  | 364,740 |  | 27.8 | % |
| High Tech Industries                                           | 176,668 |  | 11,998 |  | — |  | — |  | 1,500 |  | — |  | 57 |  | 190,223 |  | 14.5 | % |
| Hotel, Gaming, Leisure, Restaurants                            | 2,500 |  | — |  | — |  | — |  | — |  | — |  | — |  | 2,500 |  | 0.2 | % |
| Manufacturing, Capital Equipment                               | 21,473 |  | 8,000 |  | — |  | — |  | — |  | — |  | — |  | 29,473 |  | 2.3 | % |
| Media – Diversified & Production                     | 14,516 |  | 3,217 |  | — |  | — |  | — |  | — |  | — |  | 17,733 |  | 1.4 | % |
| Metals & Mining                                            | 221 |  | — |  | — |  | — |  | — |  | — |  | — |  | 221 |  | — | % |
| Telecommunications                                             | 8,888 |  | 12,653 |  | — |  | — |  | — |  | — |  | — |  | 21,541 |  | 1.6 | % |
| Transportation – Cargo, Distribution                     | — |  | 9,281 |  | — |  | — |  | — |  | — |  | — |  | 9,281 |  | 0.7 | % |
| Utilities – Electric                                     | — |  | — |  | — |  | 32,659 |  | — |  | — |  | — |  | 32,659 |  | 2.5 | % |
| Total Non-Controlled / Non-Affiliated Investments              | $ | 1,059,331 |  | $ | 525,491 |  | $ | — |  | $ | 32,659 |  | $ | 7,279 |  | $ | 2,496 |  | $ | 150 |  | $ | 1,627,406 |  | 124.0 | % |
| % of Net Assets                                                | 80.7 | % | 40.0 | % | — | % | 2.5 | % | 0.6 | % | 0.2 | % | — | % | 124.0 | % |   |
| Non-Controlled / Affiliated Investments                        |   |   |   |   |   |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | $ | — |  | $ | — |  | $ | — |  | $ | 12,936 |  | $ | — |  | $ | — |  | $ | — |  | $ | 12,936 |  | 1.0 | % |
| Energy – Electricity                                     | 1,990 |  | — |  | — |  | — |  | 20,903 |  | 8,532 |  | — |  | 31,425 |  | 2.4 | % |
| Energy – Oil & Gas                                   | — |  | — |  | — |  | — |  |   | 5,320 |  | — |  | 5,320 |  | 0.4 | % |
| Total Non-Controlled / Affiliated Investments                  | $ | 1,990 |  | $ | — |  | $ | — |  | $ | 12,936 |  | $ | 20,903 |  | $ | 13,852 |  | $ | — |  | $ | 49,681 |  | 3.8 | % |
| % of Net Assets                                                | 0.2 | % | — | % | — | % | 1.0 | % | 1.6 | % | 1.0 | % | — | % | 3.8 | % |   |
| Controlled Investments                                         |   |   |   |   |   |   |   |
| Aviation and Consumer Transport                                | $ | 371,200 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 54,281 |  | $ | — |  | $ | 425,481 |  | 32.4 | % |
| Energy – Oil & Gas                                   | 116,265 |  | 33,705 |  | — |  | — |  | — |  | 3,346 |  | — |  | 153,316 |  | 11.7 | % |
| Transportation – Cargo, Distribution                     | 42,000 |  | — |  | — |  | — |  | — |  | 110,248 |  | — |  | 152,248 |  | 11.6 | % |
| Total Controlled Investments                                   | $ | 529,465 |  | $ | 33,705 |  | $ | — |  | $ | — |  | $ | — |  | $ | 167,875 |  | $ | — |  | $ | 731,045 |  | 55.7 | % |
| % of Net Assets                                                | 40.3 | % | 2.6 | % | — | % | — | % | — | % | 12.8 | % | — | % | 55.7 | % |   |
| Total                                                          | $ | 1,590,786 |  | $ | 559,196 |  | $ | — |  | $ | 45,595 |  | $ | 28,182 |  | $ | 184,223 |  | $ | 150 |  | $ | 2,408,132 |  | 183.5 | % |
| % of Net Assets                                                | 121.2 | % | 42.6 | % | — | % | 3.5 | % | 2.2 | % | 14.0 | % | — | % | 183.5 | % |   |

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| Industry Classification                                        | Percentage of Total Investments (at Fair Value) as of March 31, 2019 |
| Aviation and Consumer Transport                                | 17.7% |
| Healthcare & Pharmaceuticals                               | 15.1% |
| Business Services                                              | 14.6% |
| High Tech Industries                                           | 7.9% |
| Transportation – Cargo, Distribution                     | 6.7% |
| Energy – Oil & Gas                                   | 6.6% |
| Consumer Goods – Non-durable                             | 3.9% |
| Chemicals, Plastics & Rubber                               | 3.5% |
| Aerospace & Defense                                        | 3.1% |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 2.7% |
| Consumer Goods – Durable                                 | 2.5% |
| Beverage, Food & Tobacco                                   | 2.4% |
| Consumer Services                                              | 2.0% |
| Energy – Electricity                                     | 1.8% |
| Utilities – Electric                                     | 1.4% |
| Advertising, Printing & Publishing                         | 1.3% |
| Food & Grocery                                             | 1.2% |
| Manufacturing, Capital Equipment                               | 1.2% |
| Automotive                                                     | 1.0% |
| Construction & Building                                    | 1.0% |
| Telecommunications                                             | 0.9% |
| Media – Diversified & Production                     | 0.7% |
| Containers, Packaging & Glass                              | 0.7% |
| Hotel, Gaming, Leisure, Restaurants                            | 0.1% |
| Metals & Mining                                            | 0.0% |
| Total Investments                                              | 100.0% |

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|    |                                                                                                                                                                                      |
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| 1. | Our quarterly valuation process begins with each investment being initially valued by the investment professionals of our Investment Adviser who are responsible for the investment. |

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| 2. | Preliminary valuation conclusions are then documented and discussed with senior management of our Investment Adviser. |

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| 3. | Independent valuation firms are engaged by our Board of Directors to conduct independent appraisals by reviewing our Investment Adviser’s preliminary valuations and then making their own independent assessment. |

|    |                                                                                                                                                                                                                                                                         |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4. | The Audit Committee of the Board of Directors reviews the preliminary valuation of our Investment Adviser and the valuation prepared by the independent valuation firms and responds, if warranted, to the valuation recommendation of the independent valuation firms. |

|    |                                                                                                                                                                                                                                                                         |
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| 5. | The Board of Directors discusses valuations and determines in good faith the fair value of each investment in our portfolio based on the input of our Investment Adviser, the applicable independent valuation firm, and the Audit Committee of the Board of Directors. |

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| 6. | For Level 3 investments entered into within the last 15 business days of the current quarter-end period, the purchase price or any recent comparable trade activity on the security investment shall be considered to reasonably approximate the fair value of the investment, provided that no material change has since occurred in the issuer’s business, significant inputs or the relevant environment. |

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|-----|------------------------------------------------------------------------------------------------|
| (i) | Incentive Fee on Pre-Incentive Fee Net Investment Income - (April 1, 2017 - December 31, 2018) |

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| (ii) | Incentive Fee on Pre-Incentive Fee Net Income - effective from January 1, 2019 |

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|                                                      |  |  |  |  |  |  |  |
|                                                 | Three Months Ended June 30, |
|                                                 | 2019 |   | 2018 |
| Basic Earnings Per Share                             |   |   |   |
| Net increase in net assets resulting from operations | $ | 23,829 |  |   | $ | 13,250 |  |
| Weighted average shares outstanding                  | 68,588,541 |  |   | 71,971,572 |  |
| Basic earnings per share                             | $ | 0.35 |  |   | $ | 0.18 |  |

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|                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                      |   |   |   |   | Fair Value Hierarchy |
|                                           | Cost |  | Fair Value |   | Level 1 |   | Level 2 |   | Level 3 |
| First Lien Secured Debt                   | $ | 1,853,692 |  |   | $ | 1,817,954 |  |   | $ | — |  |   | $ | 23,722 |  |   | $ | 1,794,232 |  |
| Second Lien Secured Debt                  | 549,151 |  |   | 544,271 |  |   | — |  |   | 170,322 |  |   | 373,949 |  |
| Unsecured Debt                            | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Structured Products and Other             | 43,249 |  |   | 45,525 |  |   | — |  |   | — |  |   | 45,525 |  |
| Preferred Equity                          | 22,663 |  |   | 28,598 |  |   | — |  |   | — |  |   | 28,598 |  |
| Common Equity/Interests                   | 214,185 |  |   | 183,875 |  |   | — |  |   | 477 |  |   | 183,398 |  |
| Warrants                                  | 183 |  |   | 89 |  |   | — |  |   | — |  |   | 89 |  |
| Total Investments before Cash Equivalents | $ | 2,683,123 |  |   | $ | 2,620,312 |  |   | $ | — |  |   | $ | 194,521 |  |   | $ | 2,425,791 |  |
| Money Market Fund                         | $ | 29,210 |  |   | $ | 29,210 |  |   | $ | 29,210 |  |   | $ | — |  |   | $ | — |  |
| Total Cash Equivalents                    | $ | 29,210 |  |   | $ | 29,210 |  |   | $ | 29,210 |  |   | $ | — |  |   | $ | — |  |
| Total Investments after Cash Equivalents  | $ | 2,712,333 |  |   | $ | 2,649,522 |  |   | $ | 29,210 |  |   | $ | 194,521 |  |   | $ | 2,425,791 |  |

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|                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                     |   |   |   |   | Fair Value Hierarchy |
|                                     | Cost |   | Fair Value |   | Level 1 |   | Level 2 |   | Level 3 |
| First Lien Secured Debt                  | $ | 1,613,254 |  |   | $ | 1,590,786 |  |   | $ | — |  |   | $ | 3,855 |  |   | $ | 1,586,931 |  |
| Second Lien Secured Debt                 | 565,599 |  |   | 559,196 |  |   | — |  |   | 221,651 |  |   | 337,545 |  |
| Unsecured Debt                           | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Structured Products and Other            | 43,125 |  |   | 45,595 |  |   | — |  |   | — |  |   | 45,595 |  |
| Preferred Equity                         | 22,663 |  |   | 28,182 |  |   | — |  |   | — |  |   | 28,182 |  |
| Common Equity/Interests                  | 213,287 |  |   | 184,223 |  |   | — |  |   | 469 |  |   | 183,754 |  |
| Warrants                                 | 183 |  |   | 150 |  |   | — |  |   | — |  |   | 150 |  |
| Total Investments and Cash Equivalents   | $ | 2,458,111 |  |   | $ | 2,408,132 |  |   | $ | — |  |   | $ | 225,975 |  |   | $ | 2,182,157 |  |
| Money Market Fund                        | $ | 36,280 |  |   | $ | 36,280 |  |   | $ | 36,280 |  |   | $ | — |  |   | $ | — |  |
| Total Cash Equivalents                   | $ | 36,280 |  |   | $ | 36,280 |  |   | $ | 36,280 |  |   | $ | — |  |   | $ | — |  |
| Total Investments after Cash Equivalents | $ | 2,494,391 |  |   | $ | 2,444,412 |  |   | $ | 36,280 |  |   | $ | 225,975 |  |   | $ | 2,182,157 |  |

----

Table of Contents

|                                                                                               |
|-----------------------------------------------------------------------------------------------|
|                                                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                          | First Lien Secured Debt (2) | Second Lien Secured Debt (2) | Unsecured Debt | Structured Products and Other | Preferred Equity | Common Equity/Interests | Warrants | Total |
| Fair value as of March 31, 2019                                                          | $ | 1,586,931 |  | $ | 337,545 |  | $ | — |  | $ | 45,595 |  | $ | 28,182 |  | $ | 183,754 |  | $ | 150 |  | $ | 2,182,157 |  |
| Net realized gains (losses)                                                                   | (8 | ) | — |  | — |  | — |  | — |  | 1,089 |  | — |  | 1,081 |  |
| Net change in unrealized gains (losses)                                                       | (13,141 | ) | 877 |  | — |  | (193 | ) | 416 |  | (1,255 | ) | (61 | ) | (13,357 | ) |
| Net amortization on investments                                                               | 1,582 |  | 244 |  | — |  | 122 |  | — |  | — |  | — |  | 1,948 |  |
| Purchases, including capitalized PIK (3)                                                      | 413,087 |  | 4,883 |  | — |  | 1 |  | — |  | 2,171 |  | — |  | 420,142 |  |
| Sales (3)                                                                                     | (194,219 | ) | (87 | ) | — |  | — |  | — |  | (2,361 | ) | — |  | (196,667 | ) |
| Transfers out of Level 3 (1)                                                                  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| Transfers into Level 3 (1)                                                                    | — |  | 30,487 |  | — |  | — |  | — |  | — |  | — |  | 30,487 |  |
| Fair value as of June 30, 2019                                                           | $ | 1,794,232 |  | $ | 373,949 |  | $ | — |  | $ | 45,525 |  | $ | 28,598 |  | $ | 183,398 |  | $ | 89 |  | $ | 2,425,791 |  |
|                                                                                          |   |   |   |   |   |   |   |   |
| Net change in unrealized gains (losses) on Level 3 investments still held as of June 30, 2019 | $ | (14,008 | ) | $ | 1,364 |  | $ | — |  | $ | (193 | ) | $ | 416 |  | $ | (1,255 | ) | $ | (61 | ) | $ | (13,737 | ) |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Transfers out (if any) of Level 3 are due to an increase in the quantity and reliability of broker quotes obtained and transfers into (if any) Level 3 are due to a decrease in the quantity and reliability of broker quotes obtained as assessed by the Investment Adviser. Transfers are assumed to have occurred at the end of the period. There were no transfers between Level 1 and Level 2 fair value measurements during the period shown. |

|     |                                                                   |
|-----|-------------------------------------------------------------------|
| (2) | Includes unfunded commitments measured at fair value of $(8,127). |

|     |                                                            |
|-----|------------------------------------------------------------|
| (3) | Includes reorganizations and restructuring of investments. |

|                                                                                               |
|-----------------------------------------------------------------------------------------------|
|                                                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                          | First Lien Secured Debt (2) | Second Lien Secured Debt (2) | Unsecured Debt | Structured Products and Other | Preferred Equity | Common Equity/Interests | Warrants | Total |
| Fair value as of March 31, 2018                                                          | $ | 1,131,943 |  | $ | 415,338 |  | $ | 90,117 |  | $ | 67,967 |  | $ | 31,052 |  | $ | 207,657 |  | $ | 251 |  | $ | 1,944,325 |  |
| Net realized gains (losses)                                                                   | 23 |  | 29 |  | — |  | — |  | (1 | ) | — |  | — |  | 51 |  |
| Net change in unrealized gains (losses)                                                       | 10,290 |  | 1,296 |  | 110 |  | (652 | ) | (216 | ) | (5,766 | ) | (4 | ) | 5,058 |  |
| Net amortization on investments                                                               | 904 |  | 343 |  | — |  | 107 |  | — |  | — |  | — |  | 1,354 |  |
| Purchases, including capitalized PIK (3)                                                      | 315,052 |  | 24,630 |  | 372 |  | 43 |  | 535 |  | 7,860 |  | — |  | 348,492 |  |
| Sales (3)                                                                                     | (94,345 | ) | (2,017 | ) | — |  | (92 | ) | 30 |  | (4,902 | ) | — |  | (101,326 | ) |
| Transfers out of Level 3 (1)                                                                  | — |  | (17,596 | ) | — |  | — |  | — |  | — |  | — |  | (17,596 | ) |
| Transfers into Level 3 (1)                                                                    | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| Fair value as of June 30, 2018                                                           | $ | 1,363,867 |  | $ | 422,023 |  | $ | 90,599 |  | $ | 67,373 |  | $ | 31,400 |  | $ | 204,849 |  | $ | 247 |  | $ | 2,180,358 |  |
|                                                                                          |   |   |   |   |   |   |   |   |
| Net change in unrealized gains (losses) on Level 3 investments still held as of June 30, 2018 | $ | 8,712 |  | $ | 1,072 |  | $ | 110 |  | $ | (652 | ) | $ | (216 | ) | $ | (5,766 | ) | $ | (4 | ) | $ | 3,256 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Transfers out (if any) of Level 3 are due to an increase in the quantity and reliability of broker quotes obtained and transfers into (if any) Level 3 are due to a decrease in the quantity and reliability of broker quotes obtained as assessed by the Investment Adviser. Transfers are assumed to have occurred at the end of the period. There were no transfers between Level 1 and Level 2 fair value measurements during the period shown. |

|     |                                                                   |
|-----|-------------------------------------------------------------------|
| (2) | Includes unfunded commitments measured at fair value of $(4,163). |

|     |                                                            |
|-----|------------------------------------------------------------|
| (3) | Includes reorganizations and restructuring of investments. |

----

Table of Contents

|                               |
|-------------------------------|
|                               |  |  |  |  |  |  |  |  |
|                          |   | Quantitative Information about Level 3 Fair Value Measurements |
| Asset Category                | Fair Value | Valuation Techniques/Methodologies | Unobservable Input | Range | Weighted Average (1) |
| First Lien Secured Debt       | $ | 39,763 |  | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 367,199 |  | Discounted Cash Flow | Discount Rate | 2.3% | 14.7% | 12.3% |
|                          | 54,932 |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
|                          |  | Market Comparable Technique | Comparable Multiple | 5.0x | 5.0x | 5.0x |
|                          | 69,081 |  | Recent Transaction | Recent Transaction | N/A | N/A | N/A |
|                          | 106,516 |  | Recovery Analysis | Commodity Price | $60.00 | $70.00 | $65.81 |
|                          | 1,859 |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
|                          | 1,761 |  | Transaction Price | Expected Proceeds | N/A | N/A | N/A |
|                          | 1,153,121 |  | Yield Analysis | Discount Rate | 4.4% | 24.7% | 9.5% |
| Second Lien Secured Debt      | 80,874 |  | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 22,289 |  | Market Comparable Approach | Comparable Multiple | 8.0x | 8.0x | 8.0x |
|                          | 34,554 |  | Recovery Analysis | Commodity Price | 67.00 | 70.00 | 67.93 |
|                          | 236,232 |  | Yield Analysis | Discount Rate | 10.6% | 15.5% | 12.4% |
| Structured Products and Other | 45,525 |  | Discounted Cash Flow | Discount Rate | 9.1% | 9.5% | 9.2% |
| Preferred Equity              | 639 |  | Discounted Cash Flow | Discount Rate | 10.5% | 10.5% | 10.5% |
|                          | 20,798 |  | Option Pricing Model | Expected Volatility | 36.0% | 36.0% | 36.0% |
|                          | 4,757 |  | Yield Analysis | Discount Rate | 17.0% | 17.0% | 17.0% |
|                          | 2,404 |  | Market Comparable Approach | Comparable Multiple | 2.3x | 6.3x | 5.4x |
| Common Equity/Interests       | 3,780 |  | Market Comparable Approach | Comparable Multiple | 5.0x | 12.9x | 9.8x |
|                          | 174,522 |  | Discounted Cash Flow | Discount Rate | 10.5% | 31.0% | 13.2% |
|                          | 5,096 |  | Recovery Analysis | Commodity Price | 60.00 | 70.00 | 65.07 |
|                          | — |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
| Warrants                      | 89 |  | Option Pricing Model | Expected Volatility | 37.5% | 60.0% | 59.9% |
| Total Level 3 Investments     | $ | 2,425,791 |  |   |   |   |   |   |

|     |                                                                                                                                                                                                                                                                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The weighted average information is generally derived by assigning each disclosed unobservable input a proportionate weight based on the fair value of the related investment. For the commodity price unobservable input, the weighted average price is an undiscounted price based upon the estimated production level from the underlying reserves. |

----

Table of Contents

|                               |
|-------------------------------|
|                               |  |  |  |  |  |  |  |  |
|                          |   | Quantitative Information about Level 3 Fair Value Measurements |
| Asset Category                | Fair Value | Valuation Techniques/Methodologies | Unobservable Input | Range | Weighted Average (1) |
| First Lien Secured Debt       | $ | 25,930 |  | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 413,200 |  | Discounted Cash Flow | Discount Rate | 2.3% | 14.2% | 12.2% |
|                          | 58,004 |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
|                          |   | Market Comparable Technique | Comparable Multiple | 5.1x | 5.1x | 5.1x |
|                          | 35,582 |  | Recent Transaction | Recent Transaction | N/A | N/A | N/A |
|                          | 116,265 |  | Recovery Analysis | Commodity Price | $60.00 | $70.00 | $66.64 |
|                          | 1,509 |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
|                          | 1,990 |  | Transaction Price | Expected Proceeds | N/A | N/A | N/A |
|                          | 934,451 |  | Yield Analysis | Discount Rate | 4.4% | 20.3% | 10.3% |
| Second Lien Secured Debt      | 50,590 |  | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 15,912 |  | Market Comparable Technique | Comparable Multiple | 7.2x | 7.2x | 7.2x |
|                          | 33,705 |  | Recovery Analysis | Commodity Price | $67.38 | $70.00 | $68.86 |
|                          | 237,338 |  | Yield Analysis | Discount Rate | 10.9% | 14.8% | 12.7% |
| Structured Products and Other | 45,595 |  | Discounted Cash Flow | Discount Rate | 9.1% | 9.5% | 9.2% |
| Preferred Equity              | 440 |  | Discounted Cash Flow | Discount Rate | 10.5% | 10.5% | 10.5% |
|                          | 2,357 |  | Market Comparable Approach | Comparable Multiple | 2.2x | 6.2x | 5.3x |
|                          | 20,463 |  | Option Pricing Model | Expected Volatility | 35.5% | 35.5% | 35.5% |
|                          | 4,922 |  | Yield Analysis | Discount Rate | 15.5% | 15.5% | 15.5% |
| Common Equity/Interests       | 173,285 |  | Discounted Cash Flow | Discount Rate | 10.5% | 29.5% | 13.2% |
|                          | 1,803 |  | Market Comparable Technique | Comparable Multiple | 5.1x | 11.1x | 9.2x |
|                          | — |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
|                          | 8,666 |  | Recovery Analysis | Commodity Price | $60.00 | $70.00 | $65.84 |
| Warrants                      | 150 |  | Option Pricing Model | Expected Volatility | 32.5% | 60.0% | 49.5% |
| Total Level 3 Investments     | $ | 2,182,157 |  |   |   |   |   |   |

|     |                                                                                                                                                                                                                                                                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The weighted average information is generally derived by assigning each disclosed unobservable input a proportionate weight based on the fair value of the related investment. For the commodity price unobservable input, the weighted average price is an undiscounted price based upon the estimated production level from the underlying reserves. |

----

Table of Contents

|                                                      |
|------------------------------------------------------|
|                                                      |  |  |  |  |  |  |  |
|                                                 | Three Months Ended June 30, |
|                                                 | 2019 |   | 2018 |
| PIK balance at beginning of period                   | $ | 23,721 |  |   | $ | 24,454 |  |
| PIK income capitalized                               | 4,883 |  |   | 1,983 |  |
| Adjustments due to investments exited or written off | — |  |   | — |  |
| PIK income received in cash                          | — |  |   | — |  |
| PIK balance at end of period                         | $ | 28,604 |  |   | $ | 26,437 |  |

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Table of Contents

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |
|                         | Three Months Ended June 30, |
|                         | 2019 |   | 2018 |
| Net revenue                  | $ | 56,824 |  |   | $ | 123,295 |  |
| Net operating income         | 20,129 |  |   | 99,911 |  |
| Earnings (loss) before taxes | (1,217 | ) |   | 83,422 |  |
| Net profit (loss)            | (1,076 | ) |   | 83,369 |  |

----

Table of Contents

|                                                |
|------------------------------------------------|
|                                                |  |  |  |  |  |  |  |
|                                           | Three Months Ended June 30, |
|                                           | 2019 |   | 2018 |
| Net Change in Unrealized Losses on Derivatives |   |   |   |
| Purchased Put Options                          | $ | — |  |   | $ | 1,687 |  |
| Written Call Options                           | — |  |   | (2,254 | ) |
| Net Change in Unrealized Losses on Derivatives | $ | — |  |   | $ | (567 | ) |

|                                    |
|------------------------------------|
|                                    |  |  |  |  |  |  |  |
|                               | Three Months Ended June 30, |
|                               | 2019 |   | 2018 |
| Net Realized Losses on Derivatives |   |   |   |
| Purchased Put Options              | $ | — |  |   | $ | (2,577 | ) |
| Written Call Options               | — |  |   | (10,632 | ) |
| Net Realized Losses on Derivatives | $ | — |  |   | $ | (13,209 | ) |

----

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|                                                                          |
|--------------------------------------------------------------------------|
|                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                     | Date Issued/Amended |   | Total Aggregate Principal Amount Committed |   | Principal Amount Outstanding |   | Fair Value |   | Final Maturity Date |
| Senior Secured Facility                                                  | 11/19/2018 |   | $ | 1,710,000 |  |   | $ | 859,510 | * |   | $ | 879,119 |  | (3) | 11/19/2023 |
| 2025 Notes                                                               | 3/3/2015 |   | 350,000 |  |   | 350,000 |  |   | 355,143 |  | (2) | 3/3/2025 |
| 2043 Notes                                                               | 6/17/2013 |   | 150,000 |  |   | 150,000 |  |   | 154,200 |  | (1) | 7/15/2043 |
| Total Debt Obligations                                                   |   |   | $ | 2,210,000 |  |   | $ | 1,359,510 |  |   | $ | 1,388,462 |  |   |   |
| Deferred Financing Cost and Debt Discount                                |   |   |   | $ | (9,912 | ) |   |   |   |   |
| Total Debt Obligations, net of Deferred Financing Cost and Debt Discount |   |   |   | $ | 1,349,598 |  |   |   |   |   |

|   |                                                                                                                                                        |
|---|--------------------------------------------------------------------------------------------------------------------------------------------------------|
| * | Includes foreign currency debt obligations as outlined in Foreign Currency Transactions and Translations within this note to the financial statements. |

|     |                                                                                                                                                                                                      |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The fair value of these debt obligations would be categorized as Level 1 under ASC 820 as of June 30, 2019. The valuation is based on quoted prices of identical liabilities in active markets. |

|     |                                                                                                                                                                  |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The fair value of these debt obligations would be categorized as Level 2 under ASC 820 as of June 30, 2019. The valuation is based on broker quoted prices. |

|     |                                                                                                                                                                                                                                              |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | The fair value of these debt obligations would be categorized as Level 3 under ASC 820 as of June 30, 2019. The valuation is based on a yield analysis and discount rate commensurate with the market yields for similar types of debt. |

----

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|                                                                          |
|--------------------------------------------------------------------------|
|                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                     | Date Issued/Amended |   | Total Aggregate Principal Amount Committed |   | Principal Amount Outstanding |   | Fair Value |   | Final Maturity Date |
| Senior Secured Facility                                                  | 11/19/2018 |   | $ | 1,640,000 |  |   | $ | 638,888 | * |   | $ | 650,757 |  | (1) | 11/19/2023 |
| 2025 Notes                                                               | 3/3/2015 |   | 350,000 |  |   | 350,000 |  |   | 348,370 |  | (3) | 3/3/2025 |
| 2043 Notes                                                               | 6/17/2013 |   | 150,000 |  |   | 150,000 |  |   | 155,700 |  | (2) | 7/15/2043 |
| Total Debt Obligations                                                   |   |   | $ | 2,140,000 |  |   | $ | 1,138,888 |  |   | $ | 1,154,827 |  |   |   |
| Deferred Financing Cost and Debt Discount                                |   |   |   | $ | (10,202 | ) |   |   |   |   |
| Total Debt Obligations, net of Deferred Financing Cost and Debt Discount |   |   |   | $ | 1,128,686 |  |   |   |   |   |

|   |                                                                                                                            |
|---|----------------------------------------------------------------------------------------------------------------------------|
| * | Includes foreign currency debt obligations as outlined in Foreign Currency Transactions and Translations within this note. |

|     |                                                                                                                                                                                                                                               |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The fair value of these debt obligations would be categorized as Level 3 under ASC 820 as of March 31, 2019. The valuation is based on a yield analysis and discount rate commensurate with the market yields for similar types of debt. |

|     |                                                                                                                                                                                                       |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The fair value of these debt obligations would be categorized as Level 1 under ASC 820 as of March 31, 2019. The valuation is based on quoted prices of identical liabilities in active markets. |

|     |                                                                                                                                                                   |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | The fair value of these debt obligations would be categorized as Level 2 under ASC 820 as of March 31, 2019. The valuation is based on broker quoted prices. |

----

Table of Contents

----

Table of Contents

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |
|                                          | Three Months Ended June 30, |
|                                          | 2019 |   | 2018 |
| Average debt outstanding                      | $ | 1,250,566 |  |   | $ | 929,468 |  |
| Maximum amount of debt outstanding            | 1,357,283 |  |   | 1,102,679 |  |
|                                          |   |   |   |
| Weighted average annualized interest cost (1) | 5.15 | % |   | 5.25 | % |
| Annualized amortized debt issuance cost       | 0.45 | % |   | 0.56 | % |
| Total annualized interest cost                | 5.60 | % |   | 5.81 | % |

|     |                                                                                                                                                                                                                            |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Includes the stated interest expense and commitment fees on the unused portion of the Senior Secured Facility. Commitment fees for the three months ended June 30, 2019 and 2018 were $845 and $711, respectively. |

|                   |
|-------------------|
|                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|              | Original Principal Amount (Local) |   | Original Principal Amount (USD) |   | Principal Amount Outstanding |   | Unrealized Gain/(Loss) |   | Reset Date |
| Canadian Dollar   | C$ | 2,300 |  |   | $ | 1,894 |  |   | $ | 1,760 |  |   | $ | 134 |  |   | 7/29/2019 |
| Euro              | € | 21,400 |  |   | 23,536 |  |   | 24,370 |  |   | (834 | ) |   | 7/24/2019 |
| Euro              | € | 15,000 |  |   | 16,424 |  |   | 17,082 |  |   | (658 | ) |   | 7/29/2019 |
| British Pound     | £ | 3,500 |  |   | 4,456 |  |   | 4,455 |  |   | 1 |  |   | 7/5/2019 |
| British Pound     | £ | 11,100 |  |   | 14,519 |  |   | 14,127 |  |   | 392 |  |   | 7/8/2019 |
| British Pound     | £ | 12,700 |  |   | 16,558 |  |   | 16,163 |  |   | 395 |  |   | 7/11/2019 |
| British Pound     | £ | 8,300 |  |   | 10,487 |  |   | 10,563 |  |   | (76 | ) |   | 7/24/2019 |
| British Pound     | £ | 26,100 |  |   | 36,774 |  |   | 33,217 |  |   | 3,557 |  |   | 7/29/2019 |
| Australian Dollar | A$ | 1,000 |  |   | 701 |  |   | 702 |  |   | (1 | ) |   | 7/8/2019 |
| Australian Dollar | A$ | 6,000 |  |   | 4,406 |  |   | 4,211 |  |   | 195 |  |   | 7/29/2019 |
|              |   |   | $ | 129,755 |  |   | $ | 126,650 |  |   | $ | 3,105 |  |   |   |

----

Table of Contents

|                   |
|-------------------|
|                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|              | Original Principal Amount (Local) |   | Original Principal Amount (USD) |   | Principal Amount Outstanding |   | UnrealizedGain/(Loss) |   | Reset Date |
| Canadian Dollar   | C$ | 2,300 |  |   | $ | 1,894 |  |   | $ | 1,722 |  |   | $ | 172 |  |   | 4/26/2019 |
| Euro              | € | 24,700 |  |   | 27,285 |  |   | 27,734 |  |   | (449 | ) |   | 4/23/2019 |
| Euro              | € | 9,000 |  |   | 10,272 |  |   | 10,106 |  |   | 166 |  |   | 4/26/2019 |
| Euro              | £ | 15,000 |  |   | 16,424 |  |   | 16,843 |  |   | (419 | ) |   | 4/29/2019 |
| British Pound     | £ | 1,700 |  |   | 2,236 |  |   | 2,215 |  |   | 21 |  |   | 4/8/2019 |
| British Pound     | £ | 8,300 |  |   | 10,487 |  |   | 10,815 |  |   | (328 | ) |   | 4/23/2019 |
| British Pound     | £ | 20,100 |  |   | 29,219 |  |   | 26,191 |  |   | 3,028 |  |   | 4/29/2019 |
| Australian Dollar | A$ | 6,000 |  |   | 4,406 |  |   | 4,262 |  |   | 144 |  |   | 4/26/2019 |
|              |   |   | $ | 102,223 |  |   | $ | 99,888 |  |   | $ | 2,335 |  |   |   |

|                             |
|-----------------------------|
|                             |  |  |  |  |  |  |  |  |  |  |  |  |
| Date of Agreement/Amendment |   | Maximum Cost of Shares That May Be Repurchased |   | Cost of Shares Repurchased |   | Remaining Cost of Shares That May Be Repurchased |
| August 5, 2015              |   | $ | 50,000 |  |   | $ | 50,000 |  |   | $ | — |  |
| December 14, 2015           |   | 50,000 |  |   | 50,000 |  |   | — |  |
| September 14, 2016          |   | 50,000 |  |   | 50,000 |  |   | — |  |
| October 30, 2018            |   | 50,000 |  |   | 36,054 |  |   | 13,946 |  |
| February 6, 2019            |   | 50,000 |  |   | — |  |   | 50,000 |  |
| Total as of June 30, 2019   |   | $ | 250,000 |  |   | $ | 186,054 |  |   | $ | 63,946 |  |

----

Table of Contents

|                    |
|--------------------|
|                    |  |  |  |  |  |  |
| Effective Date     |   | Termination Date |   | Amount Allocated to 10b5-1 Repurchase Plans |
| September 15, 2015 |   | November 5, 2015 |   | $ | 5,000 |  |
| January 1, 2016    |   | February 5, 2016 |   | 10,000 |  |
| April 1, 2016      |   | May 19, 2016 |   | 5,000 |  |
| July 1, 2016       |   | August 5, 2016 |   | 15,000 |  |
| September 30, 2016 |   | November 8, 2016 |   | 20,000 |  |
| January 4, 2017    |   | February 6, 2017 |   | 10,000 |  |
| March 31, 2017     |   | May 19, 2017 |   | 10,000 |  |
| June 30, 2017      |   | August 7, 2017 |   | 10,000 |  |
| October 2, 2017    |   | November 6, 2017 |   | 10,000 |  |
| January 3, 2018    |   | February 8, 2018 |   | 10,000 |  |
| June 18, 2018      |   | August 9, 2018 |   | 10,000 |  |
| September 17, 2018 |   | October 31, 2018 |   | 10,000 |  |
| December 12, 2018  |   | February 7, 2019 |   | 10,000 |  |
| February 25, 2019  |   | May 17, 2019 |   | 25,000 |  |
| March 18, 2019     |   | May 17, 2019 |   | 10,000 |  |
| June 4, 2019       |   | August 7, 2019 |   | 25,000 |  |
| June 17, 2019      |   | August 7, 2019 |   | 20,000 |  |

|                                                                             |
|-----------------------------------------------------------------------------|
|                                                                             |  |  |  |  |  |  |  |
|                                                                        | June 30, 2019 |   | March 31, 2019 |
| Unfunded revolver obligations and bridge loan commitments (1)               | $ | 250,603 |  |   | $ | 225,782 |  |
| Standby letters of credit issued and outstanding (2)                        | 15,276 |  |   | 23,542 |  |
| Unfunded delayed draw loan commitments (3)                                  | 131,704 |  |   | 107,886 |  |
| Unfunded delayed draw loan commitments (performance thresholds not met) (4) | 68,748 |  |   | 65,062 |  |
| Total Unfunded Commitments                                                  | $ | 466,331 |  |   | $ | 422,272 |  |

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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The unfunded revolver obligations may or may not be funded to the borrowing party in the future. The amounts relate to loans with various maturity dates, but the entire amount was eligible for funding to the borrowers as of June 30, 2019 and March 31, 2019, subject to the terms of each loan’s respective credit agreements which includes borrowing covenants that need to be met prior to funding. As of June 30, 2019 and March 31, 2019, the bridge loan commitments included in the balances were $0 and $0, respectively. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | For all these letters of credit issued and outstanding, the Company would be required to make payments to third parties if the portfolio companies were to default on their related payment obligations. None of the letters of credit issued and outstanding are recorded as a liability on the Company’s Statements of Assets and Liabilities as such letters of credit are considered in the valuation of the investments in the portfolio company. |

|     |                                                                                                                                                                                                                                                           |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | The Company’s commitment to fund delayed draw loans is triggered upon the satisfaction of certain pre-negotiated terms and conditions which can include covenants to maintain specified leverage levels and other related borrowing base covenants. |

|     |                                                                                                                                                                                                                                  |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | The borrowers are required to meet certain performance thresholds before the Company is obligated to fulfill the commitments and those performance thresholds were not met as of June 30, 2019 and March 31, 2019. |

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|                                                                                |
|--------------------------------------------------------------------------------|
|                                                                                |  |  |  |  |  |  |  |
|                                                                           | Three Months EndedJune 30, 2019 |   | Three Months EndedJune 30, 2018 |
|                                                                           | (Unaudited) |   | (Unaudited) |
| Per Share Data*                                                                |   |   |   |
| Net asset value at beginning of period                                         | $ | 19.06 |  |   | $ | 19.67 |  |
| Net investment income (1)                                                      | 0.50 |  |   | 0.44 |  |
| Net realized and change in unrealized gains (losses) (1)                       | (0.16 | ) |   | (0.25 | ) |
| Net increase in net assets resulting from operations                           | 0.35 |  |   | 0.18 |  |
| Distribution of net investment income (2)                                      | (0.45 | ) |   | (0.45 | ) |
| Distribution of return of capital (2)                                          | — |  |   | — |  |
| Accretion due to share repurchases                                             | 0.04 |  |   | 0.02 |  |
| Net asset value at end of period                                               | $ | 19.00 |  |   | $ | 19.42 |  |
|                                                                           |   |   |   |
| Per share market value at end of period                                        | $ | 15.80 |  |   | $ | 16.71 |  |
| Total return (3)                                                               | 7.25 | % |   | 9.53 | % |
| Shares outstanding at end of period                                            | 67,927,353 |  |   | 71,641,765 |  |
| Weighted average shares outstanding                                            | 68,588,541 |  |   | 71,971,572 |  |
|                                                                           |   |   |   |
| Ratio/Supplemental Data                                                        |   |   |   |
| Net assets at end of period (in millions)                                      | $ | 1,290.7 |  |   | $ | 1,391.2 |  |
| Annualized ratio of operating expenses to average net assets (4)(5)            | 4.48 | % |   | 5.30 | % |
| Annualized ratio of interest and other debt expenses to average net assets (5) | 5.40 | % |   | 3.85 | % |
| Annualized ratio of total expenses to average net assets (4)(5)                | 9.88 | % |   | 9.15 | % |
| Annualized ratio of net investment income to average net assets (5)            | 10.67 | % |   | 9.01 | % |
| Average debt outstanding (in millions)                                         | $ | 1,250.6 |  |   | $ | 929.5 |  |
| Average debt per share                                                         | $ | 18.23 |  |   | $ | 12.91 |  |
| Annualized portfolio turnover rate (5)                                         | 35.24 | % |   | 18.49 | % |
| Asset coverage per unit (6)                                                    | $ | 1,949 |  |   | $ | 2,249 |  |

|   |                                      |
|---|--------------------------------------|
| * | Totals may not foot due to rounding. |

|     |                                                                                                               |
|-----|---------------------------------------------------------------------------------------------------------------|
| (1) | Financial highlights are based on the weighted average number of shares outstanding for the period presented. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                               |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The tax character of distributions are determined based on taxable income calculated in accordance with income tax regulations which may differ from amounts determined under GAAP. Although the tax character of distributions paid to stockholders through June 30, 2019 may include return of capital, the exact amount cannot be determined at this point. Per share amounts are based on actual rate per share. |

|     |                                                                                                                                                                                                                                        |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Total return is based on the change in market price per share during the respective periods. Total return also takes into account distributions, if any, reinvested in accordance with the Company’s dividend reinvestment plan. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | The ratio of operating expenses to average net assets and the ratio of total expenses to average net assets are shown inclusive of all voluntary management and incentive fee waivers (See Note 3 to the financial statements). For the three months ended June 30, 2019, the annualized ratio of operating expenses to average net assets and the annualized ratio of total expenses to average net assets would be 4.50% and 9.91%, respectively, without the voluntary fee waivers. For the three months ended June 30, 2018, the ratio of operating expenses to average net assets and the ratio of total expenses to average net assets would be 5.84% and 9.72%, respectively, without the voluntary fee waivers. |

|     |                                                                        |
|-----|------------------------------------------------------------------------|
| (5) | Annualized for the three months ended June 30, 2019 and 2018. |

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|     |                                                                                                                                                                                                                                                                                                                                                              |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (6) | The asset coverage ratio for a class of senior securities representing indebtedness is calculated as our total assets, less all liabilities and indebtedness not represented by senior securities, divided by senior securities representing indebtedness. This asset coverage ratio is multiplied by one thousand to determine the asset coverage per unit. |

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|         |                               |
|---------|-------------------------------|
| • | our future operating results; |

|         |                                                                      |
|---------|----------------------------------------------------------------------|
| • | our business prospects and the prospects of our portfolio companies; |

|         |                                                   |
|---------|---------------------------------------------------|
| • | the impact of investments that we expect to make; |

|         |                                                                    |
|---------|--------------------------------------------------------------------|
| • | our contractual arrangements and relationships with third parties; |

|         |                                                                                                                  |
|---------|------------------------------------------------------------------------------------------------------------------|
| • | the dependence of our future success on the general economy and its impact on the industries in which we invest; |

|         |                                                                     |
|---------|---------------------------------------------------------------------|
| • | the ability of our portfolio companies to achieve their objectives; |

|         |                                          |
|---------|------------------------------------------|
| • | our expected financings and investments; |

|         |                                                             |
|---------|-------------------------------------------------------------|
| • | the adequacy of our cash resources and working capital; and |

|         |                                                                                   |
|---------|-----------------------------------------------------------------------------------|
| • | the timing of cash flows, if any, from the operations of our portfolio companies. |

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|         |                                          |
|---------|------------------------------------------|
| • | investment advisory and management fees; |

|         |                                                                                                                                                                                                                                                          |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | expenses incurred by AIM payable to third parties, including agents, consultants or other advisors, in monitoring our financial and legal affairs and in monitoring our investments and performing due diligence on our prospective portfolio companies; |

|         |                                                                                                         |
|---------|---------------------------------------------------------------------------------------------------------|
| • | calculation of our net asset value (including the cost and expenses of any independent valuation firm); |

|         |                                                                                                                  |
|---------|------------------------------------------------------------------------------------------------------------------|
| • | direct costs and expenses of administration, including independent registered public accounting and legal costs; |

|         |                                                                        |
|---------|------------------------------------------------------------------------|
| • | costs of preparing and filing reports or other documents with the SEC; |

|         |                                                                        |
|---------|------------------------------------------------------------------------|
| • | interest payable on debt, if any, incurred to finance our investments; |

|         |                                                     |
|---------|-----------------------------------------------------|
| • | offerings of our common stock and other securities; |

|         |                                |
|---------|--------------------------------|
| • | registration and listing fees; |

|         |                                                                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------|
| • | fees payable to third parties, including agents, consultants or other advisors, relating to, or associated with, evaluating and making investments; |

|         |                                    |
|---------|------------------------------------|
| • | transfer agent and custodial fees; |

|         |        |
|---------|--------|
| • | taxes; |

|         |                                                 |
|---------|-------------------------------------------------|
| • | independent directors’ fees and expenses; |

|         |                                              |
|---------|----------------------------------------------|
| • | marketing and distribution-related expenses; |

|         |                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------|
| • | the costs of any reports, proxy statements or other notices to stockholders, including printing and postage costs; |

|         |                                                                                                                                                |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------|
| • | our allocable portion of the fidelity bond, directors and officers/errors and omissions liability insurance, and any other insurance premiums; |

|         |                           |
|---------|---------------------------|
| • | organizational costs; and |

|         |                                                                                                                                                                                                                                                                                                                                                        |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | all other expenses incurred by us or the Administrator in connection with administering our business, such as our allocable portion of overhead under the administration agreement, including rent and our allocable portion of the cost of our Chief Financial Officer, Chief Legal Officer and Chief Compliance Officer and their respective staffs. |

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|                                                            |
|------------------------------------------------------------|
|                                                            |  |  |  |  |  |  |  |
|                                                            | Three Months Ended June 30, |
| (in millions)*                                             | 2019 |   | 2018 |
| Investments made in portfolio companies                    | $ | 435.3 |  |   | $ | 359.0 |  |
| Investments sold                                           | (9.6 | ) |   | (14.8 | ) |
| Net activity before repaid investments                     | 425.7 |  |   | 344.1 |  |
| Investments repaid                                         | (210.7 | ) |   | (93.8 | ) |
| Net investment activity                                    | $ | 215.0 |  |   | $ | 250.3 |  |
|                                                            |  |   |   |
| Portfolio companies at beginning of period                 | 113 |  |   | 90 |  |
| Number of new portfolio companies                          | 21 |  |   | 7 |  |
| Number of exited portfolio companies                       | (5 | ) |   | (1 | ) |
| Portfolio companies at end of period                       | 129 |  |   | 96 |  |
|                                                            |  |   |   |
| Number of investments made in existing portfolio companies | 30 |  |   | 20 |  |

|   |                                      |
|---|--------------------------------------|
| * | Totals may not foot due to rounding. |

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|                                                 |
|-------------------------------------------------|
|                                                 |  |  |  |  |  |  |  |
|                                            | June 30, 2019 |   | March 31, 2019 |
| Portfolio composition, at fair value:           |   |   |   |
| First lien secured debt                         | 69 | % |   | 66 | % |
| Second lien secured debt                        | 21 | % |   | 23 | % |
|    Total secured debt            | 90 | % |   | 89 | % |
| Unsecured debt                                  | — |  |   | — |  |
| Structured products and other                   | 2 | % |   | 2 | % |
| Preferred equity                                | 1 | % |   | 1 | % |
| Common equity/interests and warrants            | 7 | % |   | 8 | % |
| Weighted average yields, at amortized cost (1): |   |   |   |
| First lien secured debt (2)                     | 9.3 | % |   | 9.9 | % |
| Second lien secured debt (2)                    | 11.3 | % |   | 11.4 | % |
| Secured debt portfolio (2)                      | 9.8 | % |   | 10.2 | % |
| Unsecured debt portfolio (2)                    | — |  |   | — |  |
| Total debt portfolio (2)                        | 9.8 | % |   | 10.2 | % |
| Total portfolio (3)                             | 9.2 | % |   | 9.6 | % |
| Interest rate type, at fair value (4):          |   |   |   |
| Fixed rate amount                               | — |  |   | — |  |
| Floating rate amount                            |  | $1.8 |  billion |   |  | $1.5 |  billion |
| Fixed rate, as percentage of total              | 1 | % |   | 0 | % |
| Floating rate, as percentage of total           | 99 | % |   | 100 | % |
| Interest rate type, at amortized cost (4):      |   |   |   |
| Fixed rate amount                               | — |  |   | — |  |
| Floating rate amount                            |  | $1.8 |  billion |   |  | $1.5 |  billion |
| Fixed rate, as percentage of total              | 1 | % |   | 0 | % |
| Floating rate, as percentage of total           | 99 | % |   | 100 | % |

|     |                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------|
| (1) | An investor’s yield may be lower than the portfolio yield due to sales loads and other expenses. |

|     |                                                 |
|-----|-------------------------------------------------|
| (2) | Exclusive of investments on non-accrual status. |

|     |                                                                                                                          |
|-----|--------------------------------------------------------------------------------------------------------------------------|
| (3) | Inclusive of all income generating investments, non-income generating investments and investments on non-accrual status. |

|     |                                                                                                                                                                                                                                     |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | The interest rate type information is calculated using the Company’s corporate debt portfolio and excludes aviation, oil and gas, structured credit, renewables, shipping, commodities and investments on non-accrual status. |

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|    |                                                                                                                                                                                             |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 1. | Our quarterly valuation process begins with each investment being initially valued by the investment professionals of our Investment Adviser who are responsible for the portfolio company. |

|    |                                                                                                                       |
|----|-----------------------------------------------------------------------------------------------------------------------|
| 2. | Preliminary valuation conclusions are then documented and discussed with senior management of our Investment Adviser. |

|    |                                                                                                                                                                                                                          |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3. | Independent valuation firms are engaged by our Board of Directors to conduct independent appraisals by reviewing our Investment Adviser’s preliminary valuations and then making their own independent assessment. |

|    |                                                                                                                                                                                                                                                                         |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4. | The Audit Committee of the Board of Directors reviews the preliminary valuation of our Investment Adviser and the valuation prepared by the independent valuation firms and responds, if warranted, to the valuation recommendation of the independent valuation firms. |

|    |                                                                                                                                                                                                                                                                         |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 5. | The Board of Directors discusses valuations and determines in good faith the fair value of each investment in our portfolio based on the input of our Investment Adviser, the applicable independent valuation firm, and the Audit Committee of the Board of Directors. |

|    |                                                                                                                                                                                                                                                                                                                                                                                                                    |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 6. | For Level 3 investments entered into within the last 15 business days of the current quarter-end period, the purchase price or any recent comparable trade activity on the security investment shall be considered to reasonably approximate the fair value of the investment, provided that no material change has since occurred in the issuer’s business, significant inputs or the relevant environment. |

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|                                                                                 |
|---------------------------------------------------------------------------------|
|                                                                                 |  |  |  |  |  |  |  |
|                                                                                 | Three Months Ended June 30, |
| (in millions)*                                                                  | 2019 |  | 2018 |
| Investment Income                                                               |  |  |  |  |  |
| Interest income (excluding Payment-in-kind (“PIK”) interest income) | $ | 59.6 |  |  | $ | 53.9 |  |
| Dividend income                                                                 | 0.4 |  |  | 5.6 |  |
| PIK interest income                                                             | 5.6 |  |   | 2.7 |  |
| Other income                                                                    | 0.9 |  |  | 1.4 |  |
| Total investment income                                                         | $ | 66.5 |  |  | $ | 63.6 |  |
| Expenses                                                                        |  |  |  |
| Management and performance-based incentive fees, net of amounts waived          | $ | 9.5 |  |  | $ | 14.4 |  |
| Interest and other debt expenses, net of reimbursements                         | 17.4 |  |  | 13.5 |  |
| Administrative services expense, net of reimbursements                          | 1.7 |  |  | 1.6 |  |
| Other general and administrative expenses                                       | 3.3 |  |  | 2.5 |  |
| Net Expenses                                                                    | $ | 32.0 |  |  | $ | 32.0 |  |
| Net Investment Income                                                           | $ | 34.5 |  |   | $ | 31.5 |  |
| Net Realized and Change in Unrealized Gains (Losses)                            |  |   |  |  |
| Net realized gains (losses)                                                     | $ | 1.3 |  |   | $ | (23.2 | ) |
| Net change in unrealized gains (losses)                                         | (12.0 | ) |   | 4.9 |  |
| Net Realized and Change in Unrealized Gains (Losses)                            | (10.7 | ) |   | (18.3 | ) |
| Net Increase in Net Assets Resulting from Operations                            | $ | 23.8 |  |   | $ | 13.3 |  |
|                                                                            |   |   |   |
| Net Investment Income on Per Average Share Basis (1)                            | $ | 0.50 |  |   | $ | 0.44 |  |
| Earnings per share — basic (1)                                            | $ | 0.35 |  |   | $ | 0.18 |  |

|   |                                      |
|---|--------------------------------------|
| * | Totals may not foot due to rounding. |

|     |                                                                                      |
|-----|--------------------------------------------------------------------------------------|
| (1) | Based on the weighted average number of shares outstanding for the period presented. |

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|                                                |
|------------------------------------------------|
|                                                |  |  |  |  |
| (in millions)                                  |   | Net Realized Gain (Loss) |
| SquareTwo (CA Holdings, Collect America, Ltd.) |   | $ | 1.1 |  |

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |
| (in millions)                           |   | Net Realized Gain (Loss) |
| Access CIG, LLC                         |   | $ | 0.1 |  |
| Accelerate Parent Corp. (American Tire) |   | (10.1 | ) |

|                                                                       |
|-----------------------------------------------------------------------|
|                                                                       |  |  |  |  |
| (in millions)                                                         |   | Net Change in Unrealized Gain (Loss) |
| Sprint Industrial Holdings, LLC                                       |   | $ | 2.3 |  |
| Merx Aviation Finance, LLC                                            |   | 1.4 |  |
| SHD Oil & Gas, LLC                                                |   | (7.7 | ) |
| Carbonfree Chemicals SPE I LLC (f/k/a Maxus Capital Carbon SPE I LLC) |   | (4.1 | ) |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.)     |   | (2.7 | ) |
| CT Technologies Intermediate Holdings, Inc                            |   | (1.4 | ) |

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|                                                                   |
|-------------------------------------------------------------------|
|                                                                   |  |  |  |  |
| (in millions)                                                     |   | Net Change in Unrealized Gain (Loss) |
| Merx Aviation Finance, LLC                                        |   | $ | 9.6 |  |
| SHD Oil & Gas, LLC                                            |   | 4.7 |  |
| Sprint Industrial Holdings, LLC                                   |   | 1.6 |  |
| Skyline Data, News and Analytics LLC (Dodge)                      |   | 1.1 |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.) |   | (4.3 | ) |
| Accelerate Parent Corp. (American Tire)                           |   | (2.5 | ) |
| Dynamic Product Tankers (Prime), LLC                              |   | (1.4 | ) |
| Solarplicity Group Limited (f/k/a AMP Solar UK)                   |   | (1.1 | ) |
| BioClinica Holding I, LP                                          |   | (1.0 | ) |

|                             |
|-----------------------------|
|                             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                        | Payments Due by Period |
| (in millions)               | Total |   | Less than 1 Year |   | 1 to 3 Years |   | 3 to 5 Years |   | More than 5 Years |
| Senior Secured Facility (1) | $ | 859.5 |  |   | $ | — |  |   | $ | — |  |   | $ | 859.5 |  |   | $ | — |  |
| 2025 Notes                  | 350.0 |  |   | — |  |   | — |  |   | — |  |   | 350.0 |  |
| 2043 Notes                  | 150.0 |  |   | — |  |   | — |  |   | — |  |   | 150.0 |  |
| Total Debt Obligations      | $ | 1,359.5 |  |   | $ | — |  |   | $ | — |  |   | $ | 859.5 |  |   | $ | 500.0 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                     |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | As of June 30, 2019, aggregate lender commitments under the Senior Secured Facility totaled $1.71 billion and $844.3 million of unused capacity. As of June 30, 2019, there were $6.2 million of letters of credit issued under the Senior Secured Facility as shown as part of total commitments in Note 10 to the financial statements. |

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|                             |
|-----------------------------|
|                             |  |  |  |  |  |  |  |  |
| Basis Point Change          |   | Net Investment Income |   | Net Investment Income Per Share |
|  Up 200 basis points   |   | $ | 15.6 |  million |   | $ | 0.230 |  |
|  Up 100 basis points   |   | 7.8 |  million |   | 0.115 |  |
|  Down 100 basis points |   | (7.7 | ) million |   | (0.113 | ) |
|  Down 200 basis points |   | (7.7 | ) million |   | (0.114 | ) |

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|                             |
|-----------------------------|
|                             |  |  |  |  |  |  |  |  |  |  |  |  |
| Date of Agreement/Amendment |   | Maximum Cost of Shares That May Be Repurchased |   | Cost of Shares Repurchased |   | Remaining Cost of Shares That May Be Repurchased |
| August 5, 2015              |   | $ | 50.0 |  million |   | $ | 50.0 |  million |   | $ | — |  |
| December 14, 2015           |   | 50.0 |  million |   | 50.0 |  million |   | — |  |
| September 14, 2016          |   | 50.0 |  million |   | 50.0 |  million |   | — |  |
| October 30, 2018            |   | 50.0 |  million |   | 36.1 |  million |   | 13.9 |  million |
| February 6, 2019            |   | 50.0 |  million |   | — |  million |   | 50.0 |  million |
| Total as of June 30, 2019   |   | $ | 250.0 |  million |   | $ | 186.1 |  million |   | $ | 63.9 |  million |

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|                    |
|--------------------|
|                    |  |  |  |  |  |  |
| Effective Date     |   | Termination Date |   | Amount Allocated to 10b5-1 Repurchase Plans |
| September 15, 2015 |   | November 5, 2015 |   | $ | 5.0 |  million |
| January 1, 2016    |   | February 5, 2016 |   | 10.0 |  million |
| April 1, 2016      |   | May 19, 2016 |   | 5.0 |  million |
| July 1, 2016       |   | August 5, 2016 |   | 15.0 |  million |
| September 30, 2016 |   | November 8, 2016 |   | 20.0 |  million |
| January 4, 2017    |   | February 6, 2017 |   | 10.0 |  million |
| March 31, 2017     |   | May 19, 2017 |   | 10.0 |  million |
| June 30, 2017      |   | August 7, 2017 |   | 10.0 |  million |
| October 2, 2017    |   | November 6, 2017 |   | 10.0 |  million |
| January 3, 2018    |   | February 8, 2018 |   | 10.0 |  million |
| June 18, 2018      |   | August 9, 2018 |   | 10.0 |  million |
| September 17, 2018 |   | October 31, 2018 |   | 10.0 |  million |
| December 12, 2018  |   | February 7, 2019 |   | 10.0 |  million |
| February 25, 2019  |   | May 17, 2019 |   | 25.0 |  million |
| March 18, 2019     |   | May 17, 2019 |   | 10.0 |  million |
| June 4, 2019       |   | August 7, 2019 |   | 25.0 |  million |
| June 17, 2019      |   | August 7, 2019 |   | 20.0 |  million |

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|                |
|----------------|
|                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Month          |   | Total Number of Shares Purchased |   | Average Price Paid Per Share* |   | Total Number of Shares Purchased as Part of Publicly Announced Plans |   | Maximum Dollar Value of Shares That May Yet Be Purchased Under Publicly Announced Plans |
| August 2015    |   | 510,000 |  |   | $ | 19.71 |  |   | 510,000 |  |   | $ | 40.0 |  million |
| September 2015 |   | 603,466 |  |   | 18.46 |  |   | 603,466 |  |   | 28.8 |  million |
| November 2015  |   | 1,116,666 |  |   | 18.10 |  |   | 1,116,666 |  |   | 8.6 |  million |
| December 2015  |   | 627,443 |  |   | 17.58 |  |   | 627,443 |  |   | 47.6 |  million |
| January 2016   |   | 670,708 |  |   | 14.91 |  |   | 670,708 |  |   | 37.6 |  million |
| June 2016      |   | 362,933 |  |   | 16.73 |  |   | 362,933 |  |   | 31.5 |  million |
| July 2016      |   | 16,491 |  |   | 16.53 |  |   | 16,491 |  |   | 31.2 |  million |
| August 2016    |   | 596,294 |  |   | 17.67 |  |   | 596,294 |  |   | 20.7 |  million |
| September 2016 |   | 411,523 |  |   | 18.13 |  |   | 411,523 |  |   | 63.2 |  million |
| October 2016   |   | 527,417 |  |   | 17.82 |  |   | 527,417 |  |   | 53.8 |  million |
| November 2016  |   | 239,289 |  |   | 17.45 |  |   | 239,289 |  |   | 49.6 |  million |
| August 2017    |   | 33,333 |  |   | 17.96 |  |   | 33,333 |  |   | 49.0 |  million |
| September 2017 |   | 186,767 |  |   | 17.98 |  |   | 186,767 |  |   | 45.7 |  million |
| October 2017   |   | 144,867 |  |   | 17.96 |  |   | 144,867 |  |   | 43.1 |  million |
| November 2017  |   | 64,500 |  |   | 17.79 |  |   | 64,500 |  |   | 41.9 |  million |
| December 2017  |   | 50,100 |  |   | 17.89 |  |   | 50,100 |  |   | 41.0 |  million |
| January 2018   |   | 577,386 |  |   | 17.32 |  |   | 577,386 |  |   | 31.0 |  million |
| February 2018  |   | 70,567 |  |   | 16.23 |  |   | 70,567 |  |   | 29.9 |  million |
| May 2018       |   | 263,667 |  |   | 17.12 |  |   | 263,667 |  |   | 25.4 |  million |
| June 2018      |   | 198,601 |  |   | 16.94 |  |   | 198,601 |  |   | 22.0 |  million |
| July 2018      |   | 8,867 |  |   | 16.75 |  |   | 8,867 |  |   | 21.9 |  million |
| August 2018    |   | 502,767 |  |   | 17.11 |  |   | 502,767 |  |   | 13.3 |  million |
| September 2018 |   | 444,467 |  |   | 16.54 |  |   | 444,467 |  |   | 5.9 |  million |
| October 2018   |   | 160,800 |  |   | 16.46 |  |   | 160,800 |  |   | 53.3 |  million |
| November 2018  |   | 595,672 |  |   | 15.81 |  |   | 595,672 |  |   | 43.9 |  million |
| December 2018  |   | 741,389 |  |   | 13.49 |  |   | 741,359 |  |   | 33.9 |  million |
| February 2019  |   | 19,392 |  |   | 15.16 |  |   | 19,392 |  |   | 83.6 |  million |
| March 2019     |   | 291,426 |  |   | 15.40 |  |   | 291,426 |  |   | 79.1 |  million |
| April 2019     |   | 44,534 |  |   | 15.23 |  |   | 44,534 |  |   | 78.4 |  million |
| May 2019       |   | 298,026 |  |   | 15.93 |  |   | 298,026 |  |   | 73.6 |  million |
| June 2019      |   | 607,073 |  |   | 15.97 |  |   | 607,073 |  |   | 63.9 |  million |
| Total          |   | 10,986,431 |  |   | $ | 16.93 |  |   | 10,986,401 |  |   |   |

----

Table of Contents

|        |
|--------|
|        |  |
| 3.1(a) | Articles of Amendment (1) |
| 3.1(b) | Articles of Amendment and Restatement (2) |
| 3.1(c) | Articles of Amendment (4) |
| 3.1(d) | Articles of Amendment (5) |
| 3.2    | Fifth Amended and Restated Bylaws (3) |
| 10.1   | Third Amended and Restated Investment Advisory Management Agreement (6) |
| 31.1   | Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934* |
| 31.2   | Certification of Chief Financial Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934* |
| 32.1   | Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350)* |

|   |                 |
|---|-----------------|
| * | Filed herewith. |

|     |                                                                                                                                                                                                      |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Incorporated by reference from the Registrant’s pre-effective Amendment No. 1 to the Registration Statement under the Securities Act of 1933, as amended, as Form N-2, filed on June 20, 2005. |

|     |                                                                                                                                                                                                                   |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Incorporated by reference from the Registrant’s post-effective Amendment No. 1 to the Registration Statement under the Securities Act of 1933, as amended, on Form N-2, filed on August 14, 2006. |

|     |                                                                                                                         |
|-----|-------------------------------------------------------------------------------------------------------------------------|
| (3) | Incorporated by reference to Exhibit 3.2 as applicable, to the Registrant’s Form 8-K, filed on May 18, 2018. |

|     |                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------|
| (4) | Incorporated by reference to Exhibit 3.1 to the Registrant’s Form 8-K, filed on December 3, 2018 |

|     |                                                                                                      |
|-----|------------------------------------------------------------------------------------------------------|
| (5) | Incorporated by reference to Exhibit 3.1 to the Registrant’s Form 8-K, filed on July 22, 2019. |

|     |                                                                                                                             |
|-----|-----------------------------------------------------------------------------------------------------------------------------|
| (6) | Incorporated by reference to Exhibit 10.1 as applicable, to the Registrant’s Form 8-K, filed on August 10, 2018. |

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Table of Contents

|        |
|--------|
|        |  |  |
|   | APOLLO INVESTMENT CORPORATION |
|   |   |   |
|   | By: | /s/ HOWARD WIDRA |
|   | Howard Widra |
|   | Chief Executive Officer |
|   |   |   |
|   | By: | /s/ GREGORY W. HUNT |
|   | Gregory W. Hunt |
|   | Chief Financial Officer and Treasurer |
|   |   |   |
|   | By: | /s/ AMIT JOSHI |
|   | Amit Joshi |
|   | Chief Accounting Officer and Assistant Treasurer |