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

|                                                                                         |
|-----------------------------------------------------------------------------------------|
|                                                                                         |  |
| 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) |

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

|                       |
|-----------------------|
|                       |  |  |
| Class of Common Stock |   | Outstanding at August 7, 2018 |
| $0.001 par value      |   | 214,898,694 |

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

----

|              |
|--------------|
|              |  |  |
|         |   | Page |
|         | PART I. FINANCIAL INFORMATION |   |
|         |   |   |
| Item 1. | Financial Statements | 1 |
|         |   |   |
|         | Statements of Assets and LiabilitiesJune 30, 2018 and March 31, 2018 | 1 |
|         |   |   |
|         | Statements of OperationsThree months ended June 30, 2018 and June 30, 2017 | 2 |
|         |   |   |
|         | Statements of Changes in Net AssetsThree months ended June 30, 2018 and year ended March 31, 2018 | 3 |
|         |   |   |
|         | Statements of Cash FlowsThree months ended June 30, 2018 and June 30, 2017 | 4 |
|         |   |   |
|         | Schedule of InvestmentsJune 30, 2018 | 5 |
|         |   |   |
|         | Schedule of InvestmentsMarch 31, 2018 | 22 |
|         |   |   |
|         | Notes to Financial Statements | 39 |
|         |   |   |
|         | Report of Independent Registered Public Accounting Firm | 66 |
|         |   |   |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 67 |
|         |   |   |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 78 |
|         |   |   |
| Item 4. | Controls and Procedures | 79 |
|         |   |   |
|         | PART II. OTHER INFORMATION |   |
|         |   |   |
| Item 1. | Legal Proceedings | 80 |
|         |   |   |
| Item 1A.     | Risk Factors | 80 |
|         |   |   |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 80 |
|         |   |   |
| Item 3. | Defaults Upon Senior Securities | 81 |
|         |   |   |
| Item 4.      | Mine Safety Disclosures | 82 |
|         |   |   |
| Item 5. | Other Information | 82 |
|         |   |   |
| Item 6. | Exhibits | 82 |
|         |   |   |
|         | Signatures | 83 |

----

Table of Contents

| APOLLO INVESTMENT CORPORATIONSTATEMENTS OF ASSETS AND LIABILITIES(In thousands, except share and per share data)                        |
|-----------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                         |  |  |  |  |  |  |  |
|                                                                                                                                         | June 30, 2018 |   | March 31, 2018 |
|                                                                                                                                         | (Unaudited) |   |  |
| Assets                                                                                                                                  |  |   |  |
| Investments at fair value:                                                                                                              |  |  |   |  |  |
| Non-controlled/non-affiliated investments (cost — $1,627,841 and $1,471,492, respectively)                                        | $ | 1,601,259 |  |   | $ | 1,450,033 |  |
| Non-controlled/affiliated investments (cost — $69,977 and $73,943, respectively)                                                  | 64,123 |  |   | 68,954 |  |
| Controlled investments (cost — $815,599 and $723,161, respectively)                                                               | 830,077 |  |   | 729,060 |  |
| Cash and cash equivalents                                                                                                               | 11,612 |  |   | 14,035 |  |
| Foreign currencies (cost — $1,063 and $1,292, respectively)                                                                       | 1,055 |  |   | 1,298 |  |
| Cash collateral on option contracts                                                                                                     | 4,228 |  |   | 5,016 |  |
| Receivable for investments sold                                                                                                         | 15,874 |  |   | 2,190 |  |
| Interest receivable                                                                                                                     | 23,406 |  |   | 22,272 |  |
| Dividends receivable                                                                                                                    | 7,815 |  |   | 2,550 |  |
| Deferred financing costs                                                                                                                | 13,121 |  |   | 14,137 |  |
| Variation margin receivable                                                                                                             | — |  |   | 1,846 |  |
| Prepaid expenses and other assets                                                                                                       | 801 |  |   | 419 |  |
| Total Assets                                                                                                                            | $ | 2,573,371 |  |   | $ | 2,311,810 |  |
|                                                                                                                                         |  |   |  |
| Liabilities                                                                                                                             |  |   |  |
| Debt                                                                                                                                    | $ | 1,102,679 |  |   | $ | 789,846 |  |
| Payable for investments purchased                                                                                                       | 11,453 |  |   | 41,827 |  |
| Distributions payable                                                                                                                   | 32,293 |  |   | 32,447 |  |
| Management and performance-based incentive fees payable                                                                                 | 17,506 |  |   | 16,585 |  |
| Interest payable                                                                                                                        | 10,184 |  |   | 5,310 |  |
| Accrued administrative services expense                                                                                                 | 1,575 |  |   | 2,507 |  |
| Variation margin payable on option contracts                                                                                            | 1,206 |  |  | — |  |
| Other liabilities and accrued expenses                                                                                                  | 5,309 |  |   | 5,202 |  |
| Total Liabilities                                                                                                                       | $ | 1,182,205 |  |   | $ | 893,724 |  |
| Commitments and contingencies (Note 10)                                                                                                 |  |  |   |  |  |
| Net Assets                                                                                                                              | $ | 1,391,166 |  |   | $ | 1,418,086 |  |
|                                                                                                                                         |  |   |  |
| Net Assets                                                                                                                              |  |   |  |
| Common stock, $0.001 par value (400,000,000 shares authorized; 214,925,294 and 216,312,096 shares issued and outstanding, respectively) | $ | 215 |  |   | $ | 216 |  |
| Paid-in capital in excess of par                                                                                                        | 2,628,631 |  |   | 2,636,507 |  |
| Accumulated over-distributed net investment income                                                                                      | (10,974 | ) |   | (10,229 | ) |
| Accumulated net realized loss                                                                                                           | (1,189,654 | ) |   | (1,166,471 | ) |
| Net unrealized loss                                                                                                                     | (37,052 | ) |   | (41,937 | ) |
| Net Assets                                                                                                                              | $ | 1,391,166 |  |   | $ | 1,418,086 |  |
|                                                                                                                                         |  |  |   |  |  |
| Net Asset Value Per Share                                                                                                               | $ | 6.47 |  |   | $ | 6.56 |  |

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Table of Contents

| APOLLO INVESTMENT CORPORATIONSTATEMENTS OF OPERATIONS (Unaudited)(In thousands, except per share data) |
|--------------------------------------------------------------------------------------------------------|
|                                                                                                        |  |  |  |  |  |  |  |
|                                                                                                        | Three Months Ended June 30, |
|                                                                                                        | 2018 |   | 2017 |
| Investment Income                                                                                      |  |   |  |
| Non-controlled/non-affiliated investments:                                                             |  |   |  |
| Interest income (excluding Payment-in-kind (“PIK”) interest income)                        | $ | 39,443 |  |   | $ | 38,952 |  |
| PIK interest income                                                                                    | 1,250 |  |   | 2,056 |  |
| Other income                                                                                           | 1,403 |  |   | 1,129 |  |
| Non-controlled/affiliated investments:                                                                 |  |   |  |
| Interest income (excluding PIK interest income)                                                        | — |  |   | 114 |  |
| Dividend income                                                                                        | 312 |  |   | 1,087 |  |
| PIK interest income                                                                                    | — |  |   | 2,437 |  |
| Other income                                                                                           | — |  |   | (306 | ) |
| Controlled investments:                                                                                |  |   |  |
| Interest income (excluding PIK interest income)                                                        | 14,490 |  |   | 15,075 |  |
| Dividend income                                                                                        | 5,265 |  |   | 4,850 |  |
| PIK interest income                                                                                    | 1,428 |  |   | 1,317 |  |
| Total Investment Income                                                                                | $ | 63,591 |  |   | $ | 66,711 |  |
| Expenses                                                                                               |  |   |   |
| Management fees                                                                                        | $ | 8,873 |  |   | $ | 12,125 |  |
| Performance-based incentive fees                                                                       | 7,423 |  |   | 7,912 |  |
| Interest and other debt expenses                                                                       | 13,576 |  |   | 14,215 |  |
| Administrative services expense                                                                        | 1,638 |  |   | 1,675 |  |
| Other general and administrative expenses                                                              | 2,533 |  |   | 2,557 |  |
| Total expenses                                                                                         | 34,043 |  |   | 38,484 |  |
| Management and performance-based incentive fees waived                                                 | (1,856 | ) |   | (5,009 | ) |
| Expense reimbursements                                                                                 | (144 | ) |   | (84 | ) |
| Net Expenses                                                                                           | $ | 32,043 |  |   | $ | 33,391 |  |
| Net Investment Income                                                                                  | $ | 31,548 |  |   | $ | 33,320 |  |
| Net Realized and Change in Unrealized Gains (Losses)                                                   |  |   |   |
| Net realized gains (losses):                                                                           |  |   |   |
| Non-controlled/non-affiliated investments                                                              | $ | (9,946 | ) |   | $ | (89,839 | ) |
| Non-controlled/affiliated investments                                                                  | — |  |   | (146,840 | ) |
| Option contracts                                                                                       | (13,209 | ) |   | — |  |
| Foreign currency transactions                                                                          | (28 | ) |   | 2,924 |  |
| Net realized losses                                                                                    | (23,183 | ) |   | (233,755 | ) |
| Net change in unrealized gains (losses):                                                               |  |   |   |
| Non-controlled/non-affiliated investments                                                              | (5,123 | ) |   | 91,238 |  |
| Non-controlled/affiliated investments                                                                  | (865 | ) |   | 155,730 |  |
| Controlled investments                                                                                 | 8,579 |  |   | (7,068 | ) |
| Option contracts                                                                                       | (567 | ) |   | — |  |
| Foreign currency translations                                                                          | 2,861 |  |   | (10,684 | ) |
| Net change in unrealized losses                                                                        | 4,885 |  |   | 229,216 |  |
| Net Realized and Change in Unrealized Losses                                                           | $ | (18,298 | ) |   | $ | (4,539 | ) |
| Net Increase (Decrease) in Net Assets Resulting from Operations                                        | $ | 13,250 |  |   | $ | 28,781 |  |
| Earnings Per Share — Basic                                                                       | $ | 0.06 |  |   | $ | 0.13 |  |
| Earnings Per Share — Diluted                                                                     | N/A |  |   | N/A |  |

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Table of Contents

| APOLLO INVESTMENT CORPORATIONSTATEMENTS OF CHANGES IN NET ASSETS(In thousands, except share data) |
|---------------------------------------------------------------------------------------------------|
|                                                                                                   |  |  |  |  |  |  |  |
|                                                                                              | Three Months Ended June 30, 2018 |   | Year EndedMarch 31, 2018 |
|                                                                                              | (Unaudited) |   |   |
| Operations                                                                                        |   |   |   |
| Net investment income                                                                             | $ | 31,548 |  |   | $ | 133,387 |  |
| Net realized losses                                                                               | (23,183 | ) |   | (258,128 | ) |
| Net change in unrealized losses                                                                   | 4,885 |  |   | 211,770 |  |
| Net Increase in Net Assets Resulting from Operations                                              | $ | 13,250 |  |   | $ | 87,029 |  |
|                                                                                              |   |   |   |
| Distributions to Stockholders                                                                     |   |   |   |
| Distribution of net investment income                                                             | $ | (32,293 | ) |   | $ | (86,906 | ) |
| Distribution of return of capital                                                                 | — |  |   | (44,088 | ) |
| Net Decrease in Net Assets Resulting from Distributions to Stockholders                           | $ | (32,293 | ) |   | $ | (130,994 | ) |
|                                                                                              |   |   |   |
| Capital Share Transactions                                                                        |   |   |   |
| Repurchase of common stock                                                                        | $ | (7,877 | ) |   | $ | (19,746 | ) |
| Net Decrease in Net Assets Resulting from Capital Share Transactions                              | $ | (7,877 | ) |   | $ | (19,746 | ) |
|                                                                                              |   |   |   |
| Net Assets                                                                                        |   |   |   |
| Net decrease in net assets during the period                                                      | $ | (26,920 | ) |   | $ | (63,711 | ) |
| Net assets at beginning of period                                                                 | 1,418,086 |  |   | 1,481,797 |  |
| Net Assets at End of Period                                                                       | $ | 1,391,166 |  |   | $ | 1,418,086 |  |
|                                                                                              |   |   |   |
| Capital Share Activity                                                                            |   |   |   |
| Shares repurchased during the period                                                              | (1,386,802 | ) |   | (3,382,558 | ) |
| Shares issued and outstanding at beginning of period                                              | 216,312,096 |  |   | 219,694,654 |  |
| Shares Issued and Outstanding at End of Period                                                    | 214,925,294 |  |   | 216,312,096 |  |

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Table of Contents

| APOLLO INVESTMENT CORPORATIONSTATEMENTS OF CASH FLOWS (Unaudited)(In thousands)                                            |
|----------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                            |  |  |  |  |  |  |  |
|                                                                                                                       | Three Months Ended June 30, |
|                                                                                                                       | 2018 |   | 2017 |
| Operating Activities                                                                                                       |   |   |   |
| Net increase in net assets resulting from operations                                                                       | $ | 13,250 |  |   | $ | 28,781 |  |
| Net realized losses                                                                                                        | 23,183 |  |   | 233,755 |  |
| Net change in unrealized losses                                                                                            | (4,885 | ) |   | (229,216 | ) |
| Net amortization of premiums and accretion of discounts on investments                                                     | (1,536 | ) |   | (1,864 | ) |
| Accretion of discount on notes                                                                                             | 148 |  |   | 148 |  |
| Amortization of deferred financing costs                                                                                   | 1,165 |  |   | 1,211 |  |
| Gains/Losses from foreign currency transactions                                                                            | (28 | ) |   | 2,924 |  |
| PIK interest and dividends capitalized                                                                                     | (1,983 | ) |   | (2,775 | ) |
| Changes in operating assets and liabilities:                                                                               |   |   |   |
| Purchases of investments                                                                                                   | (389,324 | ) |   | (329,897 | ) |
| Proceeds from sales and repayments of investments                                                                          | 94,019 |  |   | 285,440 |  |
| Purchases of option contracts                                                                                              | (13,277 | ) |   | — |  |
| Proceeds from option contracts                                                                                             | 288 |  |   | — |  |
| Net settlement of option contracts                                                                                         | 2,265 |  |   | — |  |
| Increase in interest receivable                                                                                            | (1,142 | ) |   | (1,581 | ) |
| Decrease (increase) in dividends receivable                                                                                | (5,265 | ) |   | 3,326 |  |
| Increase in prepaid expenses and other assets                                                                              | (382 | ) |   | (144 | ) |
| Increase in management and performance-based incentive fees payable                                                        | 921 |  |   | 1,039 |  |
| Increase in interest payable                                                                                               | 4,874 |  |   | 4,293 |  |
| Decrease in accrued administrative services expense                                                                        | (932 | ) |   | (1,084 | ) |
| Increase (decrease) in other liabilities and accrued expenses                                                              | 107 |  |   | (1,116 | ) |
| Net Cash Used in Operating Activities                                                                                      | $ | (278,534 | ) |   | $ | (6,760 | ) |
| Financing Activities                                                                                                       |   |   |   |
| Issuances of debt                                                                                                          | $ | 328,918 |  |   | $ | 418,517 |  |
| Payments of debt                                                                                                           | (13,500 | ) |   | (357,416 | ) |
| Financing costs paid and deferred                                                                                          | — |  |   | (10 | ) |
| Repurchase of common stock                                                                                                 | (7,877 | ) |   | — |  |
| Distributions paid                                                                                                         | (32,447 | ) |   | (32,954 | ) |
| Net Cash Provided by Financing Activities                                                                                  | $ | 275,094 |  |   | $ | 28,137 |  |
|                                                                                                                       |   |   |   |
| 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 | $ | (3,440 | ) |   | $ | 21,377 |  |
| Effect of foreign exchange rate changes on cash and cash equivalents                                                       | (14 | ) |   | 33 |  |
| Cash, cash equivalents, foreign currencies and collateral on option contracts at beginning of period                       | 20,349 |  |   | 11,280 |  |
| Cash, Cash Equivalents, Foreign Currencies and Collateral on Option Contracts at the End of Period                         | $ | 16,895 |  |   | $ | 32,690 |  |
|                                                                                                                       |   |   |   |
| Supplemental Disclosure of Cash Flow Information                                                                           |   |   |   |
| Cash interest paid                                                                                                         | $ | 7,437 |  |   | $ | 8,542 |  |
|                                                                                                                       |   |   |   |
| Non-Cash Activity                                                                                                          |   |   |   |
| PIK income                                                                                                                 | $ | 2,678 |  |   | $ | 5,810 |  |

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Table of Contents

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                               |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |  |
| Advertising, Printing & Publishing           |   |   |   |   |   |   |
| A-L Parent LLC                                   |   | Second Lien Secured Debt |   | 9.35% (1M L+725, 1.00% Floor) |   | 12/02/24 |   | $ | 5,536 |  |   | $ | 5,489 |  |   | $ | 5,591 |  |   |  |
| American Media, Inc.                             |   | First Lien Secured Debt |   | 11.36% (3M L+900, 1.00% Floor) |   | 08/24/20 |   | 12,699 |  |   | 12,475 |  |   | 13,080 |  |   |  |
|                                             |   | First Lien Secured Debt - Revolver |   | 12.00% (P+700) |   | 08/24/20 |   | 178 |  |   | 178 |  |   | 183 |  |   | (23) |
|                                             |   | First Lien Secured Debt - Revolver |   | 10.34% (3M L+800) |   | 08/24/20 |   | 533 |  |   | 533 |  |   | 549 |  |   | (23) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/24/20 |   | 1,067 |  |   | (29 | ) |   | — |  |   | (21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 13,157 |  |   | 13,812 |  |   |   |
| Simplifi Holdings, Inc.                          |   | First Lien Secured Debt |   | 7.59% (1M L+550, 1.00% Floor) |   | 09/28/22 |   | 25,556 |  |   | 25,053 |  |   | 25,300 |  |   | (9) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/28/22 |   | 2,400 |  |   | (61 | ) |   | (24 | ) |   | (8)(9)(21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 24,992 |  |   | 25,276 |  |   |   |
| Total Advertising, Printing & Publishing     |   |   | $ | 43,638 |  |   | $ | 44,679 |  |   |   |
| Aerospace & Defense                          |   |   |   |   |   |   |
| Erickson Inc                                     |   | First Lien Secured Debt - Revolver |   | 9.84% (3M L+750, 1.00% Floor) |   | 04/28/22 |   | $ | 26,014 |  |   | $ | 26,014 |  |   | $ | 25,429 |  |   | (9)(23) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 04/28/22 |   | 12,124 |  |   | (412 | ) |   | (273 | ) |   | (8)(9)(21)(23) |
|                                             |   | First Lien Secured Debt - Letters of Credit |   | 7.50% |   | 8/16/18 - 4/30/20 |   | 6,862 |  |   | — |  |   | (153 | ) |   | (8)(9)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 25,602 |  |   | 25,003 |  |   |   |
| ILC Dover LP                                     |   | Second Lien Secured Debt |   | 10.84% (3M L+850, 1.00% Floor) |   | 06/28/24 |   | 20,000 |  |   | 19,583 |  |   | 19,550 |  |   |   |
| PAE Holding Corporation                          |   | Second Lien Secured Debt |   | 11.59% (1M L+950, 1.00% Floor) |   | 10/20/23 |   | 28,097 |  |   | 27,451 |  |   | 28,272 |  |   | (10) |
| Total Aerospace & Defense                    |   |   | $ | 72,636 |  |   | $ | 72,825 |  |   |   |
|  Automotive                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Accelerate Parent Corp.                          |   | Common Equity/Interest - Common Stock |   | N/A |   | N/A |   | 1,664,046 Shares |  |   | $ | 1,714 |  |   | $ | 100 |  |   | (13) |
| Crowne Automotive                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Vari-Form Group, LLC                             |   | First Lien Secured Debt |   | 13.33% (3M L+11.00% (7.00% Cash plus 4.00% PIK), 1.00% Floor) |   | 02/02/23 |   | 4,998 |  |   | 4,862 |  |   | 4,848 |  |   | (9) |
| Vari-Form Inc.                                   |   | First Lien Secured Debt |   | 13.33% (3M L+11.00% (7.00% Cash plus 4.00% PIK), 1.00% Floor) |   | 02/02/23 |   | 9,997 |  |   | 9,725 |  |   | 9,697 |  |   | (9) |
|                                             |   | 14,587 |  |   | 14,545 |  |   |   |
| K&N Parent, Inc.                             |   | Second Lien Secured Debt |   | 11.08% (3M L+875, 1.00% Floor) |   | 10/21/24 |   | 26,765 |  |   | 26,336 |  |   | 26,096 |  |   | (10) |
| Total Automotive                                 |   |   | $ | 42,637 |  |   | $ | 40,741 |  |   |   |
| Aviation and Consumer Transport                  |   |   |   |   |   |   |   |   |   |   |
| Merx Aviation                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Merx Aviation Finance Assets Ireland Limited (5) |   | First Lien Secured Debt - Letters of Credit |   | 2.25% |   | 09/30/18 |   | $ | 3,600 |  |   | $ | — |  |   | $ | — |  |   | (23) |
| Merx Aviation Finance, LLC (5)                   |   | First Lien Secured Debt - Revolver |   | 12.00% |   | 10/31/23 |   | 450,800 |  |   | 450,800 |  |   | 450,800 |  |   | (23) |
|                                             |   | First Lien Secured Debt - Letter of Credit |   | 2.25% |   | 07/13/18 |   | 177 |  |   | — |  |   | — |  |   | (23) |
|                                             |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | N/A |  |   | 15,000 |  |   | 52,001 |  |   |   |
| Total Aviation and Consumer Transport            |   |   | $ | 465,800 |  |   | $ | 502,801 |  |   |   |
| Beverage, Food & Tobacco                     |   |   |   |   |   |   |   |   |   |   |
| Eagle Foods Family Group, LLC                    |   | First Lien Secured Debt |   | 8.84% (3M L+650, 1.00% Floor) |   | 06/14/24 |   | $ | 25,000 |  |   | $ | 24,721 |  |   | $ | 24,719 |  |   | (9) |

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Table of Contents

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                         |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |  |
|                                       |   | First Lien Secured Debt - Revolver |   | 8.84% (3M L+650, 1.00% Floor) |   | 06/14/23 |   | 833 |  |   | 833 |  |   | 824 |  |   | (9)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.00% Unfunded |   | 06/14/23 |   | 2,917 |  |   | (39 | ) |   | (33 | ) |   | (8)(9)(21)(23) |
| Total Beverage, Food & Tobacco         |   |   | $ | 25,515 |  |   | $ | 25,510 |  |   |   |
| Business Services                          |   |   |   |   |   |   |   |   |   |   |
| Access CIG, LLC                            |   | Second Lien Secured Debt |   | 9.84% (1M L+775) |   | 02/27/26 |   | $ | 19,931 |  |   | $ | 19,747 |  |   | $ | 20,056 |  |   | (10) |
|                                       |   | Second Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 02/27/26 |   | 969 |  |   | — |  |   | — |  |   | (10)(21)(23) |
|                                       |   |   |   |   |   |   |   |   |   | 19,747 |  |   | 20,056 |  |   |   |
| Aero Operating LLC                         |   | First Lien Secured Debt |   | 9.34% (1M L+725, 1.00% Floor) |   | 12/29/22 |   | 33,267 |  |   | 32,519 |  |   | 32,935 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 1.00% Unfunded |   | 12/29/22 |   | 4,812 |  |   | (43 | ) |   | (48 | ) |   | (8)(9)(21)(23) |
|                                       |   |   |   |   |   |   |   |   |   | 32,476 |  |   | 32,887 |  |   |   |
| Almonde, Inc                               |   | Second Lien Secured Debt |   | 9.56% (3M L+725, 1.00% Floor) |   | 06/13/25 |   | 2,316 |  |   | 2,296 |  |   | 2,235 |  |   | (10)(17) |
| Ambrosia Buyer Corp.                       |   | Second Lien Secured Debt |   | 10.09% (1M L+ 800, 1.00% Floor) |   | 08/28/25 |   | 21,429 |  |   | 20,950 |  |   | 20,948 |  |   |  |
| Aptean, Inc.                               |   | Second Lien Secured Debt |   | 11.83% (3M L+950, 1.00% Floor) |   | 12/20/23 |   | 11,148 |  |   | 11,050 |  |   | 11,217 |  |   | (10) |
| CT Technologies Intermediate Holdings, Inc |   | Second Lien Secured Debt |   | 11.09% (1M L+900, 1.00% Floor) |   | 12/01/22 |   | 31,253 |  |   | 30,511 |  |   | 30,315 |  |   | (9) |
| Electro Rent Corporation                   |   | Second Lien Secured Debt |   | 11.31% (3M L+900, 1.00% Floor) |   | 01/31/25 |   | 18,333 |  |   | 17,880 |  |   | 17,967 |  |   | (9) |
|                                       |   | Second Lien Secured Debt |   | 11.33% (3M L+900, 1.00% Floor) |   | 01/31/25 |   | 18,265 |  |   | 17,766 |  |   | 17,899 |  |   | (9) |
|                                       |   |   |   |   |   |   |   |   |   | 35,646 |  |   | 35,866 |  |   |   |
| Ministry Brands, LLC                       |   | Second Lien Secured Debt |   | 11.75% (6M L+925, 1.00% Floor) |   | 06/02/23 |   | 10,000 |  |   | 9,886 |  |   | 10,065 |  |   |  |
| Newscycle Solutions, Inc.                  |   | First Lien Secured Debt |   | 9.09% (1M L+700, 1.00% Floor) |   | 12/29/22 |   | 16,069 |  |   | 15,716 |  |   | 15,909 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Revolver |   | 9.10% (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 |  |   | (13 | ) |   | (3 | ) |   | (8)(9)(21)(23) |
|                                       |   |   |   |   |   |   |   |   |   | 15,863 |  |   | 16,064 |  |   |   |
| PSI Services, LLC                          |   | First Lien Secured Debt |   | 7.09% (1M L+500, 1.00% Floor) |   | 01/20/23 |   | 4,609 |  |   | 4,522 |  |   | 4,565 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/20/22 |   | 397 |  |   | (7 | ) |   | (4 | ) |   | (8)(9)(21)(23) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/20/22 |   | £ | 47 |  |   | — |  |   | — |  |   | (9)(21)(23) |
|                                       |   | Second Lien Secured Debt |   | 11.09% (1M L+900, 1.00% Floor) |   | 01/20/24 |   | 33,452 |  |   | 32,688 |  |   | 32,796 |  |   | (9) |
|                                       |   |   |   |   |   |   |   |   |   | 37,203 |  |   | 37,357 |  |   |   |
| RA Outdoors, LLC                           |   | First Lien Secured Debt |   | 6.84% (1M L+475, 1.00% Floor) |   | 09/11/24 |   | 7,192 |  |   | 7,065 |  |   | 7,121 |  |   | (9) |
|                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/09/22 |   | 1,200 |  |   | (20 | ) |   | (12 | ) |   | (8)(9)(21)(23) |
|                                       |   | Second Lien Secured Debt |   | 10.84% (1M L+875, 1.00% Floor) |   | 09/11/25 |   | 34,200 |  |   | 33,430 |  |   | 33,515 |  |   | (9) |
|                                       |   |   |   |   |   |   |   |   |   | 40,475 |  |   | 40,624 |  |   |   |
| Skyline Data/Dodge Data                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Dodge Data & Analytics LLC             |   | First Lien Secured Debt |   | 11.09% (3M L+875, 1.00% Floor) |   | 10/31/19 |   | 48,209 |  |   | 47,950 |  |   | 48,210 |  |   |   |
| Skyline Data, News and Analytics LLC       |   | Common Equity/Interests - Class A Common Unit |   | N/A |   | N/A |   | 4,500,000 Shares |  |   | 4,500 |  |   | 4,500 |  |   | (13) |
|                                       |   |   |   |   |   |   |   |   |   | 52,450 |  |   | 52,710 |  |   |   |

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|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |  |
| STG-Fairway Acquisitions, Inc.                                        |   | Second Lien Secured Debt |   | 11.34% (1M L+925, 1.00% Floor) |   | 06/30/23 |   | 15,000 |  |   | 14,765 |  |   | 14,400 |  |   | (10) |
| Transplace Holdings, Inc.                                             |   | Second Lien Secured Debt |   | 10.80% (1M L+875, 1.00% Floor) |   | 10/06/25 |   | 13,599 |  |   | 13,288 |  |   | 13,735 |  |   | (10) |
| U.S. Security Associates Holdings, Inc.                               |   | Unsecured Debt |   | 11.00% |   | 01/28/20 |   | 80,000 |  |   | 80,000 |  |   | 80,000 |  |   |   |
| Total Business Services                                               |   |   | $ | 416,606 |  |   | $ | 418,479 |  |   |   |
| 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 |   | 09/30/20 |   | $ | 51,805 |  |   | $ | 51,805 |  |   | $ | 46,457 |  |   |  |
|                                                                  |   | Common Equity/Partnership Interests - Residual Interests |   | N/A |   | 09/30/20 |   | 7,500 |  |   | 7,500 |  |   | — |  |   | (13) |
| Carbonfree Caustic SPE LLC                                            |   | Unfunded Delayed Draw - Promissory Note |   | N/A |   | 06/30/20 |   | 6,111 |  |   | — |  |   | — |  |   | (21)(23) |
|                                                                  |   |   |   |   |   |   |   |   |   | 59,305 |  |   | 46,457 |  |   |   |
| Hare Bidco, Inc.                                                      |   | Second Lien Secured Debt |   | 9.75% (3M E+875, 1.00% Floor) |   | 08/01/24 |   | € | 13,574 |  |   | 14,434 |  |   | 15,532 |  |   |   |
| Total Chemical, Plastics & Rubber                                 |   |   | $ | 73,739 |  |   | $ | 61,989 |  |   |   |
| Consumer Goods – Durable                                        |   |   |   |   |   |   |   |   |   |   |
| Hayward Industries, Inc.                                              |   | Second Lien Secured Debt |   | 10.34% (1M L+825) |   | 08/04/25 |   | $ | 25,110 |  |   | $ | 24,664 |  |   | $ | 24,660 |  |   |   |
| KLO Holdings                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 9357-5991 Quebec Inc.                                                 |   | First Lien Secured Debt |   | 11.75% (1M L+975, 0.75% Floor) |   | 04/07/22 |   | 9,203 |  |   | 9,117 |  |   | 8,857 |  |   |   |
| KLO Acquisition LLC                                                   |   | First Lien Secured Debt |   | 11.88% (1M L+975, 0.75% Floor) |   | 04/07/22 |   | 5,363 |  |   | 5,312 |  |   | 5,161 |  |   |   |
|                                                                  |   |   |   |   |   |   |   |   |   | 14,429 |  |   | 14,018 |  |   |   |
| Sorenson Holdings, LLC                                                |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 587 Shares |  |   | — |  |   | 471 |  |   | (13) |
| Total Consumer Goods - Durable                                        |   |   | $ | 39,093 |  |   | $ | 39,149 |  |   |   |
| Consumer Goods – Non-Durable                                    |   |   |   |   |   |   |   |   |   |   |
| ABG Intermediate Holdings 2, LLC                                      |   | Second Lien Secured Debt |   | 9.84% (1M L+775, 1.00% Floor) |   | 09/29/25 |   | $ | 11,232 |  |   | $ | 11,168 |  |   | $ | 11,260 |  |   |  (10) |
|                                                                  |   | Second Lien Secured Debt - Unfunded Delayed Draw |   | 0.3875% Unfunded |   | 09/29/25 |   | 1,139 |  |   | — |  |   | — |  |   | (21)(23) |
|                                                                  |   |   |   |   |   |   |   |   |   | 11,168 |  |   | 11,260 |  |   |   |
| Sequential Brands Group, Inc.                                         |   | Second Lien Secured Debt |   | 11.09% (1M L+900) |   | 07/01/22 |   | 17,072 |  |   | 16,929 |  |   | 17,168 |  |   |  (17) |
| Total Consumer Goods - Non-Durable                                    |   |   | $ | 28,097 |  |   | $ | 28,428 |  |   |   |
| Consumer Services                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
| 1A Smart Start LLC                                                    |   | Second Lien Secured Debt |   | 10.34% (1M L+825, 1.00% Floor) |   | 08/22/22 |   | $ | 25,100 |  |   | $ | 24,654 |  |   | $ | 24,645 |  |   |   |
| Total Consumer Services                                               |   |   | $ | 24,654 |  |   | $ | 24,645 |  |   |   |
| Containers, Packaging & Glass                                     |   |   |   |   |   |   |   |   |   |   |
| Sprint Industrial Holdings, LLC                                       |   | Second Lien Secured Debt |   | 13.5% PIK |   | 11/14/19 |   | $ | 19,714 |  |   | $ | 18,107 |  |   | $ | 11,770 |  |   | (13)(14) |
|                                                                  |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 7,341 Warrants |  |   | — |  |   | — |  |   | (13)(26) |
|                                                                  |   |   |   |   |   |   |   |   |   | 18,107 |  |   | 11,770 |  |   |   |
| TricorBraun Holdings, Inc.                                            |   | First Lien Secured Debt - Revolver |   | 7.25% (P+225) |   | 11/30/21 |   | 450 |  |   | 450 |  |   | 451 |  |   | (23) |
|                                                                  |   | First Lien Secured Debt - Revolver |   | 5.34% (1M L+325) |   | 11/30/21 |   | 1,500 |  |   | 1,500 |  |   | 1,503 |  |   | (23) |

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|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |  |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/30/21 |   | 3,675 |  |   | (346 | ) |   | — |  |   | (21)(23) |
|                                                                  |   | 1,604 |  |   | 1,954 |  |   |   |
| Total Containers, Packaging & Glass                               |   |   | $ | 19,711 |  |   | $ | 13,724 |  |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate        |   |   |   |   |   |   |   |   |   |   |
| Armor Holding II LLC                                                  |   | Second Lien Secured Debt |   | 11.09% (1M L+900, 1.25% Floor) |   | 12/26/20 |   | $ | 8,000 |  |   | $ | 7,946 |  |   | $ | 8,070 |  |   | (10) |
| Craft 2014-1A                                                         |   | Structured Products and Other - Credit-Linked Note |   | N/A |   | 05/15/21 |   | 42,500 |  |   | — |  |   | — |  |   | (11)(17) |
| Craft 2015-2                                                          |   | Structured Products and Other - Credit-Linked Note |   | 10.62% (3M L+925) |   | 01/16/24 |   | 24,998 |  |   | 25,599 |  |   | 24,998 |  |   | (11)(17) |
| Golden Bear 2016-R, LLC (3)(4)                                        |   | Structured Products and Other - Membership Interests |   | N/A |   | 09/20/42 |   | — |  |   | 16,548 |  |   | 13,634 |  |   | (17) |
| Mayfield Agency Borrower Inc.                                         |   | Second Lien Secured Debt |   | 10.59% (1M L+850, 1.00% Floor) |   | 03/02/26 |   | 5,000 |  |   | 4,928 |  |   | 4,978 |  |   | (10) |
| Purchasing Power, LLC                                                 |   | First Lien Secured Debt - Revolver |   | 10.09% (1M L + 800, 1.00% Floor) |   | 07/10/19 |   | 2,179 |  |   | 2,179 |  |   | 2,167 |  |   | (9)(23) |
|                                                                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.75% Unfunded |   | 07/10/19 |   | 2,321 |  |   | (23 | ) |   | (12 | ) |   | (8)(9)(21)(23) |
|                                                                  |   |   |   |   |   |   |   |   |   | 2,156 |  |   | 2,155 |  |   |   |
| Ten-X, LLC                                                            |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/29/22 |   | 4,680 |  |   | (358 | ) |   | (366 | ) |   | (8)(21)(23) |
| Total Diversified Investment Vehicles, Banking, Finance, Real Estate  |   |   | $ | 56,819 |  |   | $ | 53,469 |  |   |   |
| Energy – Electricity                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| AMP Solar Group, Inc. (4)                                             |   | Common Equity/Interests - Class A Common Unit |   | N/A |   | N/A |   | 243,646 Shares |  |   | 10,000 |  |   | 5,114 |  |   | (13)(17) |
| Renew Financial                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| AIC SPV Holdings II, LLC (4)                                          |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 143 Shares |  |   | 534 |  |   | 886 |  |   | (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 |  |   | 18,809 |  |   | (13) |
|                                                                  |   | Preferred Equity - Series D Preferred Stock |   | N/A |   | N/A |   | 436,689 Shares |  |   | 5,568 |  |   | 6,620 |  |   | (13) |
| Renew JV LLC (4)                                                      |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | N/A |  |   | 3,065 |  |   | 5,207 |  |   | (13)(17) |
|                                                                  |   |   |   |   |   |   |   |   |   | 17,510 |  |   | 31,522 |  |   |   |
| Solarplicity Group                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Solarplicity Group Limited (3)(4)                                     |   | First Lien Secured Debt |   | N/A |   | 11/30/22 |   | £ | 4,331 |  |   | 5,811 |  |   | 5,705 |  |   | (13)(17) |
| Solarplicity UK Holdings Limited                                      |   | First Lien Secured Debt |   | 4.00% |   | 03/08/23 |   | £ | 5,562 |  |   | 7,636 |  |   | 7,317 |  |   | (17) |
|                                                                  |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 4,286 Shares |  |   | 5,862 |  |   | 4,752 |  |   | (2)(13)(17) |
|                                                                  |   | Common Equity/Interests - Ordinary Shares |   | N/A |   | N/A |   | 2,825 Shares |  |   | 4 |  |   | 974 |  |   | (2)(13)(17) |
|                                                                  |   |   |   |   |   |   |   |   |   | 19,313 |  |   | 18,748 |  |   |   |
| Westinghouse Electric Co LLC                                          |   | First Lien Secured Debt |   | 6.63% (1M L+450, 1.00% Floor) |   | 01/11/19 |   | 30,000 |  |   | 30,000 |  |   | 30,000 |  |   | (9) |
| Total Energy – Electricity                                      |   |   | $ | 76,823 |  |   | $ | 85,384 |  |   |   |
| 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) |   | 03/29/19 |   | $ | 15,000 |  |   | $ | 15,000 |  |   | $ | 15,000 |  |   |   |
|                                                                  |   | Second Lien Secured Debt |   | 10.00% PIK (8.00% Cash Toggle) |   | 03/29/21 |   | 31,279 |  |   | 31,279 |  |   | 31,279 |  |   |   |

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|                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                        |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |  |
|                                      |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 5,000,000 Shares |  |   | 30,078 |  |   | 15,981 |  |   | (13) |
|                                      |   |   |   |   |   |   |   |   |   | 76,357 |  |   | 62,260 |  |   |   |
| Pelican Energy, LLC (4)                   |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 1,444 Shares |  |   | 20,108 |  |   | 8,148 |  |   | (13)(17)(29) |
| SHD Oil & Gas, LLC (5)                |   | First Lien Secured Debt - Tranche A Note |   | 14.00% (8.00% Cash plus 6.00% PIK) |   | 12/31/19 |   | 44,095 |  |   | 44,095 |  |   | 45,417 |  |   |   |
|                                      |   | First Lien Secured Debt - Tranche B Note |   | 14.00% PIK |   | 12/31/19 |   | 75,823 |  |   | 44,380 |  |   | 45,470 |  |   | (13)(14) |
|                                      |   | First Lien Secured Debt - Tranche C Note |   | 12.00% |   | 12/31/19 |   | 19,200 |  |   | 19,200 |  |   | 19,776 |  |   |   |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 12/31/19 |   | 2,800 |  |   | — |  |   | — |  |   | (21)(23) |
|                                      |   | Common Equity/Interests - Series A Units |   | N/A |   | N/A |   | 7,600,000 Shares |  |   | 1,411 |  |   | — |  |   | (13)(29) |
|                                      |   |   |   |   |   |   |   |   |   | 109,086 |  |   | 110,663 |  |   |   |
| Total Energy – Oil & Gas        |   |   | $ | 205,551 |  |   | $ | 181,071 |  |   |   |
| Food & Grocery                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bumble Bee Foods                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bumble Bee Holdings, Inc.                 |   | First Lien Secured Debt |   | 10.33% (3M L+800, 1.00% Floor) |   | 08/15/23 |   | $ | 15,468 |  |   | $ | 15,193 |  |   | $ | 15,158 |  |   |   |
| Connors Bros Clover Leaf Seafoods Company |   | First Lien Secured Debt |   | 10.33% (3M L+800, 1.00% Floor) |   | 08/15/23 |   | 4,382 |  |   | 4,304 |  |   | 4,294 |  |   |   |
|                                      |   |   |   |   |   |   |   |   |   | 19,497 |  |   | 19,452 |  |   |   |
| Grocery Outlet, Inc.                      |   | Second Lien Secured Debt |   | 10.34% (1M L+825, 1.00% Floor) |   | 10/21/22 |   | 25,000 |  |   | 24,796 |  |   | 25,250 |  |   | (10) |
| Total Food & Grocery                  |   |   | $ | 44,293 |  |   | $ | 44,702 |  |   |   |
| Healthcare & Pharmaceuticals          |   |   |   |   |   |   |   |   |   |   |
| Altasciences                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 9360-1367 Quebec Inc.                     |   | First Lien Secured Debt |   | 8.58% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | $ | 2,891 |  |   | $ | 2,838 |  |   | $ | 2,805 |  |   | (9)(17) |
|                                      |   | First Lien Secured Debt |   | 7.94% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | C$ | 2,412 |  |   | 1,763 |  |   | 1,779 |  |   | (9)(17) |
| Altasciences US Acquisition, Inc.         |   | First Lien Secured Debt |   | 8.58% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 5,222 |  |   | 5,124 |  |   | 5,066 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Revolver |   | 8.61% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 107 |  |   | 107 |  |   | 104 |  |   | (9)(23)(28) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.25% Unfunded |   | 06/09/23 |   | 1,319 |  |   | (26 | ) |   | (40 | ) |   | (8)(9)(21)(23)(28) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 06/09/23 |   | 2,851 |  |   | (29 | ) |   | (86 | ) |   | (8)(9)(21)(23)(28) |
|                                      |   |   |   |   |   |   |   |   |   | 9,777 |  |   | 9,628 |  |   |   |
| Amerivet Partners Management, Inc.        |   | First Lien Secured Debt |   | 7.85% (1M L+575, 1.00% Floor) |   | 06/05/24 |   | 6,045 |  |   | 5,895 |  |   | 5,895 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/05/24 |   | 806 |  |   | (21 | ) |   | (20 | ) |   | (8)(9)(21)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 06/05/24 |   | 20,149 |  |   | (225 | ) |   | (499 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 5,649 |  |   | 5,376 |  |   |   |
| Analogic Corporation                      |   | First Lien Secured Debt |   | 8.33% (3M L+600, 1.00% Floor) |   | 06/22/24 |   | 27,391 |  |   | 26,710 |  |   | 27,117 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/22/23 |   | 2,609 |  |   | (67 | ) |   | (26 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 26,643 |  |   | 27,091 |  |   |   |
| Aptevo Therapeutics Inc.                  |   | First Lien Secured Debt |   | 9.69% (1M L+760, 0.50% Floor) |   | 02/01/21 |   | 8,571 |  |   | 8,739 |  |   | 8,563 |  |   | (9) |

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|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |  |
| Argon Medical Devices Holdings, Inc.  |   | Second Lien Secured Debt |   | 10.09% (1M L+800, 1.00% Floor) |   | 01/23/26 |   | 21,300 |  |   | 21,198 |  |   | 21,580 |  |   | (10) |
| Avalign Technologies, Inc.            |   | Second Lien Secured Debt |   | 10.38% (6M L+825, 1.00% Floor) |   | 09/02/24 |   | 5,500 |  |   | 5,451 |  |   | 5,459 |  |   | (10) |
| BioClinica Holding I, LP              |   | Second Lien Secured Debt |   | 10.63% (3M L+825, 1.00% Floor) |   | 10/21/24 |   | 24,612 |  |   | 24,213 |  |   | 22,889 |  |   | (10) |
| Genesis Healthcare, Inc.              |   | First Lien Secured Debt |   | 8.34% (3M L+600, 0.50% Floor) |   | 03/06/23 |   | 25,000 |  |   | 24,649 |  |   | 24,652 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Revolver |   | 8.36% (3M L+600, 0.50% Floor) |   | 03/06/23 |   | 9,966 |  |   | 9,966 |  |   | 9,828 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Revolver |   | 5.86% (3M L+350, 0.50% Floor) |   | 03/06/23 |   | 10,336 |  |   | 10,336 |  |   | 10,192 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/06/23 |   | 40,567 |  |   | (773 | ) |   | (562 | ) |   | (8)(9)(21)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 2.00% Unfunded |   | 03/06/23 |   | 9,131 |  |   | (171 | ) |   | (127 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 44,007 |  |   | 43,983 |  |   |   |
| Elements Behavioral Health, Inc.      |   | Second Lien Secured Debt |   | 15.09% (3M L+1275 PIK, 1.00% Floor) |   | 02/11/20 |   | 12,353 |  |   | 11,911 |  |   | — |  |   | (13)(14) |
| Invuity, Inc.                         |   | First Lien Secured Debt |   | 8.59% (1M L+650, 1.50% Floor) |   | 03/01/22 |   | 10,000 |  |   | 9,875 |  |   | 9,750 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Revolver |   | 5.34% (1M L+325, 1.50% Floor) |   | 03/01/22 |   | 809 |  |   | 809 |  |   | 799 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/01/22 |   | 1,191 |  |   | (7 | ) |   | (15 | ) |   | (8)(9)(21)(23) |
|                                  |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 32,803 Warrants |  |   | 180 |  |   | 69 |  |   | (9)(13) |
|                                  |   |   |   |   |   |   |   |   |   | 10,857 |  |   | 10,603 |  |   |   |
| Lanai Holdings III, Inc.              |   | Second Lien Secured Debt |   | 10.86% (3M L+850, 1.00% Floor) |   | 08/28/23 |   | 17,391 |  |   | 17,009 |  |   | 16,696 |  |   | (10) |
| LSCS Holdings, Inc                    |   | Second Lien Secured Debt |   | 10.58% (3M L+825) |   | 03/16/26 |   | 20,455 |  |   | 20,010 |  |   | 20,351 |  |   |   |
|                                  |   | Second Lien Secured Debt |   | 10.34% (1M L+825) |   | 03/16/26 |   | 3,864 |  |   | 3,780 |  |   | 3,844 |  |   |   |
|                                  |   | Second Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 03/16/26 |   | 682 |  |   | (15 | ) |   | (3 | ) |   | (8)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 23,775 |  |   | 24,192 |  |   |   |
| Maxor National Pharmacy Services, LLC |   | First Lien Secured Debt |   | 8.33% (3M L+600, 1.00% Floor) |   | 11/22/23 |   | 21,523 |  |   | 21,039 |  |   | 21,327 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/22/22 |   | 1,557 |  |   | (11 | ) |   | (14 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 21,028 |  |   | 21,313 |  |   |   |
| Oxford Immunotec, Inc.                |   | First Lien Secured Debt |   | 9.69% (1M L+760, 0.50% Floor) |   | 10/01/21 |   | 9,750 |  |   | 9,918 |  |   | 9,950 |  |   | (9)(17) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 10/01/21 |   | 1,000 |  |   | (3 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 9,915 |  |   | 9,950 |  |   |   |
| Partner Therapeutics, Inc             |   | First Lien Secured Debt |   | 8.74% (1M L+665, 1.00% Floor) |   | 01/01/23 |   | 10,000 |  |   | 9,831 |  |   | 9,845 |  |   | (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 |  |   | 102 |  |   | (9)(13) |
|                                  |   |   |   |   |   |   |   |   |   | 10,299 |  |   | 10,280 |  |   |   |
| PTC Therapeutics, Inc                 |   | First Lien Secured Debt |   | 8.24% (1M L+615, 1.00% Floor) |   | 05/01/21 |   | 12,667 |  |   | 12,622 |  |   | 12,793 |  |   | (9)(17) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 05/01/21 |   | 6,333 |  |   | (22 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 12,600 |  |   | 12,793 |  |   |   |
| RiteDose Holdings I, Inc.             |   | First Lien Secured Debt |   | 8.84% (3M L+650, 1.00% Floor) |   | 09/13/23 |   | 14,925 |  |   | 14,504 |  |   | 14,367 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/13/22 |   | 2,000 |  |   | (55 | ) |   | (66 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 14,449 |  |   | 14,301 |  |   |   |

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|                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                 |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |  |
| Teladoc, Inc.                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 07/14/20 |   | 1,306 |  |   | (44 | ) |   | (1 | ) |   | (8)(17)(21)(23) |
|                                               |   | First Lien Secured Debt - Letters of Credit |   | 7.25% |   | 1/12/19 - 5/15/20 |   | 360 |  |   | — |  |   | — |  |   | (8)(17)(23) |
|                                               |   |   |   |   |   |   |   |   |   | (44 | ) |   | (1 | ) |   |   |
| TherapeuticsMD, Inc.                               |   | First Lien Secured Debt |   | 9.84% (1M L+775, 2.00% Floor) |   | 05/01/23 |   | 22,500 |  |   | 22,290 |  |   | 22,275 |  |   | (9)(17) |
|                                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 05/01/23 |   | 37,500 |  |   | (370 | ) |   | (375 | ) |   | (8)(9)(17)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 21,920 |  |   | 21,900 |  |   |   |
| Wright Medical Group, Inc.                         |   | First Lien Secured Debt |   | 9.94% (1M L+785, 1.00% Floor) |   | 12/23/21 |   | 6,667 |  |   | 6,539 |  |   | 6,533 |  |   | (9)(17) |
|                                               |   | First Lien Secured Debt - Revolver |   | 6.34% (1M L+425, 0.75% Floor) |   | 12/23/21 |   | 11,933 |  |   | 11,933 |  |   | 11,933 |  |   | (9)(17)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/23/21 |   | 38,067 |  |   | (348 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 12/23/21 |   | 6,667 |  |   | (89 | ) |   | (133 | ) |   | (8)(9)(17)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 18,035 |  |   | 18,333 |  |   |   |
| Total Healthcare & Pharmaceuticals             |   |   | $ | 317,431 |  |   | $ | 304,929 |  |   |   |
| High Tech Industries                               |   |   |   |   |   |   |   |   |   |   |   |   |
| BCPE Burgundy Merger Sub, Inc.                     |   | First Lien Secured Debt |   | 5.58% (1M L+350) |   | 06/22/25 |   | $ | 30,000 |  |   | $ | 30,000 |  |   | $ | 30,000 |  |   |   |
|                                               |   | Second Lien Secured Debt |   | 9.58% (1M L+750) |   | 06/22/26 |   | 12,500 |  |   | 12,500 |  |   | 12,500 |  |   |   |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 06/22/23 |   | 3,333 |  |   | — |  |   | — |  |   | (21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 42,500 |  |   | 42,500 |  |   |   |
| ChyronHego Corporation                             |   | First Lien Secured Debt |   | 7.43% (3M L+643, 1.00% Floor) |   | 03/09/20 |   | 35,044 |  |   | 34,776 |  |   | 33,643 |  |   | (18) |
| DigiCert Holdings, Inc.                            |   | Second Lien Secured Debt |   | 10.09% (1M L+800, 1.00% Floor) |   | 10/31/25 |   | 20,196 |  |   | 20,103 |  |   | 19,780 |  |   | (10) |
| International Cruise & Excursion Gallery, Inc. |   | First Lien Secured Debt |   | 7.58% (3M L+525, 1.00% Floor) |   | 06/06/25 |   | 15,000 |  |   | 14,701 |  |   | 14,703 |  |   |   |
| LabVantage Solutions                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LabVantage Solutions Inc.                          |   | First Lien Secured Debt |   | 9.59% (1M L+750, 1.00% Floor) |   | 12/29/20 |   | 13,500 |  |   | 13,279 |  |   | 13,365 |  |   |   |
| LabVantage Solutions Limited                       |   | First Lien Secured Debt |   | 8.50% (1M E+750, 1.00% Floor) |   | 12/29/20 |   | € | 12,367 |  |   | 13,089 |  |   | 14,295 |  |   | (17) |
|                                               |   | First Lien Secured Debt - Revolver |   | 8.50% (1M E+750, 1.00% Floor) |   | 12/29/20 |   | € | 609 |  |   | 750 |  |   | 704 |  |   | (17)(23) |
|                                               |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/29/20 |   | € | 2,827 |  |   | (57 | ) |   | (33 | ) |   | (8)(17)(21)(23) |
|                                               |   |   |   |   |   |   |   |   |   | 27,061 |  |   | 28,331 |  |   |   |
| Omnitracs, LLC                                     |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/23/23 |   | 3,750 |  |   | (319 | ) |   | (338 | ) |   | (8)(21)(23) |
| Smokey Merger Sub, Inc.                            |   | Second Lien Secured Debt |   | 10.82% (3M L+850, 1.00% Floor) |   | 05/24/24 |   | 30,000 |  |   | 29,240 |  |   | 29,400 |  |   | (9) |
| Telestream Holdings Corporation                    |   | First Lien Secured Debt |   | 7.61% (3M L +645, 1.00% Floor) |   | 03/24/22 |   | 36,655 |  |   | 36,372 |  |   | 35,738 |  |   | (18) |
| Tibco Software Inc.                                |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/05/19 |   | 6,000 |  |   | (17 | ) |   | (840 | ) |   | (8)(21)(23) |
| ZPower, LLC                                        |   | First Lien Secured Debt |   | 9.84% (1M L+775, 1.00% Floor) |   | 07/01/22 |   | 6,667 |  |   | 6,634 |  |   | 6,624 |  |   | (9) |
|                                               |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 07/01/22 |   | 1,667 |  |   | (7 | ) |   | (11 | ) |   | (8)(9)(21)(23) |

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|                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                               |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |  |
|                                             |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 29,630 Warrants |  |   | 48 |  |   | 76 |  |   | (9)(13) |
|                                             |   |   |   |   |   |   |   |   |   | 6,675 |  |   | 6,689 |  |   |   |
| Total High Tech Industries                       |   |   | $ | 211,092 |  |   | $ | 209,606 |  |   |   |
| Hotel, Gaming, Leisure, Restaurants              |   |   |   |   |   |   |   |   |   |   |
| GFRC Holdings LLC                                |   | First Lien Secured Debt |   | 10.30% (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 |  |   |   |
| Insurance                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Confie Seguros Holding II Co.                    |   | Second Lien Secured Debt |   | 11.81% (3M L+950, 1.25% Floor) |   | 05/08/19 |   | $ | 21,844 |  |   | $ | 21,815 |  |   | $ | 21,298 |  |   | (10) |
| Total Insurance                                  |   |   | $ | 21,815 |  |   | $ | 21,298 |  |   |   |
| Manufacturing, Capital Equipment                 |   |   |   |   |   |   |   |   |   |   |
| MedPlast Holdings Inc.                           |   | Second Lien Secured Debt |   | 10.80% (2M L+875, 1.00% Floor) |   | 06/06/23 |   | $ | 8,000 |  |   | $ | 7,840 |  |   | $ | 8,080 |  |   | (10) |
|                                             |   | Second Lien Secured Debt |   | 10.09% (3M L+775) |   | 07/02/26 |   | 8,000 |  |   | 7,920 |  |   | 8,080 |  |   | (10) |
|                                             |   |   |   |   |   |   |   |   |   | 15,760 |  |   | 16,160 |  |   |   |
| Power Products, LLC                              |   | Second Lien Secured Debt |   | 11.36% (3M L+900, 1.00% Floor) |   | 12/20/23 |   | 32,500 |  |   | 31,608 |  |   | 32,236 |  |   | (9) |
| Total Manufacturing, Capital Equipment           |   |   | $ | 47,368 |  |   | $ | 48,396 |  |   |   |
| Media – Diversified & Production       |   |   |   |   |   |   |   |   |   |   |
| SESAC Holdco II LLC                              |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/23/22 |   | $ | 587 |  |   | $ | (39 | ) |   | $ | (44 | ) |   | (8)(21)(23) |
|                                             |   | Second Lien Secured Debt |   | 9.34% (1M L+725, 1.00% Floor) |   | 02/24/25 |   | 3,241 |  |   | 3,214 |  |   | 3,224 |  |   | (10) |
| Total Media – Diversified & Production |   |   | $ | 3,175 |  |   | $ | 3,180 |  |   |   |
| Metals & Mining                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Magnetation, LLC                                 |   | First Lien Secured Debt |   | 10.34% (3M L+800 Cash (PIK Toggle)) |   | 12/31/19 |   | $ | 1,352 |  |   | $ | 1,273 |  |   | $ | 405 |  |   | (13)(14) |
| Total Metals & Mining                        |   |   | $ | 1,273 |  |   | $ | 405 |  |   |   |
| Telecommunications                               |   |   |   |   |   |   |
| IPC Corporation                                  |   | First Lien Secured Debt |   | 7.34% (3M L+500, 1.00% Floor) |   | 08/06/21 |   | $ | 10,000 |  |   | $ | 9,905 |  |   | $ | 9,900 |  |   | (9) |
| Securus Technologies Holdings, Inc.              |   | Second Lien Secured Debt |   | 10.34% (1M L+825, 1.00% Floor) |   | 11/01/25 |   | 12,878 |  |   | 12,760 |  |   | 12,932 |  |   | (10) |
| UniTek Global Services Inc.                      |   | First Lien Secured Debt |   | 10.83% (3M L+850, 1.00% Floor) |   | 01/13/19 |   | 30,597 |  |   | 30,597 |  |   | 31,515 |  |   |  |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/13/19 |   | 5,000 |  |   | — |  |   | — |  |   | (21)(23) |
|                                             |   | First Lien Secured Debt - Letters of Credit |   | 7.50% |   | 01/13/19 |   | 5,749 |  |   | — |  |   | — |  |   | (23) |
|                                             |   | Unsecured Debt |   | 15.00% PIK |   | 07/13/19 |   | 10,290 |  |   | 10,290 |  |   | 10,599 |  |   |   |
|                                             |   |   |   |   |   |   |   |   |   | 40,887 |  |   | 42,114 |  |   |   |
| Wave Holdco Merger Sub, Inc.                     |   | Second Lien Secured Debt |   | 13.25% (P+825) |   | 05/27/23 |   | 10,000 |  |   | 9,819 |  |   | 9,993 |  |   |   |
| Total Telecommunications                         |   |   | $ | 73,371 |  |   | $ | 74,939 |  |   |   |
| Transportation – Cargo, Distribution       |   |   |   |   |   |   |   |   |   |   |
| Dynamic Product Tankers, LLC (5)                 |   | First Lien Secured Debt |   | 9.33% (3M L+700) |   | 06/30/23 |   | $ | 42,000 |  |   | $ | 41,800 |  |   | $ | 42,000 |  |   | (17) |
|                                             |   | First Lien Secured Debt - Letters of Credit |   | 2.25% |   | 9/20/18 - 1/31/21 |   | 2,750 |  |   | — |  |   | — |  |   | (17)(23) |
|                                             |   | Common Equity/Interests - Class A Units |   | N/A |   | N/A |   | N/A |  |   | 48,106 |  |   | 40,075 |  |   | (17)(24) |
|                                             |   |   |   |   |   |   |   |   |   | 89,906 |  |   | 82,075 |  |   |   |

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|                                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                   |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |  |
| MSEA Tankers LLC (5)                                                 |   | Common Equity/Interests - Class A Units |   | N/A |   | N/A |   | N/A |  |   | 74,450 |  |   | 72,278 |  |   | (17)(25) |
| PT Intermediate Holdings III, LLC                                    |   | Second Lien Secured Debt |   | 10.33% (3M L+800, 1.00% Floor) |   | 12/08/25 |   | 9,375 |  |   | 9,287 |  |   | 9,516 |  |   | (10) |
| Total Transportation – Cargo, Distribution                     |   |   | $ | 173,643 |  |   | $ | 163,869 |  |   |   |
| Utilities – Electric                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Repackaging Trust Six B.V.                                     |   | Structured Products and Other |   | 12.81% |   | 05/18/27 |   | $ | 58,411 |  |   | $ | 26,137 |  |   | $ | 28,741 |  |   | (11)(17)(19) |
| Total Utilities – Electric                                     |   |   | $ | 26,137 |  |   | $ | 28,741 |  |   |   |
| Total Investments before Cash Equivalents and Option Contracts       |   |   |   | $ | 2,513,417 |  |   | $ | 2,495,459 |  |   |  |
| J.P. Morgan U.S. Government Money Market Fund                        |   | N/A |   | N/A |   | N/A |   | $ | 11,612 |  |   | $ | 11,612 |  |   | $ | 11,612 |  |   | (22) |
| Total Investments after Cash Equivalents and before Option Contracts |   |   |   | $ | 2,525,029 |  |   | $ | 2,507,071 |  |   |  |

|                                                               |
|---------------------------------------------------------------|
|                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Counterparty                                                  |   | Instrument |   | Exercise Price |   | Maturity Date |   | Number of Contracts |   | Notional Amount (27) |   | Cost (Proceeds) |   | Fair Value (1) |   |   |
| Purchased Put Options                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CME Group                                                     |   | WTI Crude Oil Put Options |   | $ | 42.05 |  |   | 12/31/19 |   | 125 |  |   | $ | 5,256 |  |   | $ | 150 |  |   | $ | 131 |  |   | (10) |
| CME Group                                                     |   | WTI Crude Oil Put Options |   | 45.00 |  |   | 7/31/18 - 4/30/19 |   | 1,558 |  |   | 70,110 |  |   | 3,042 |  |   | 217 |  |   | (10) |
| Total Purchased Put Options                                   |   |   |   |   |   |   |   |   |   | $ | 3,192 |  |   | $ | 348 |  |   | (16) |
| Written Call Options                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CME Group                                                     |   | WTI Crude Oil Call Options |   | $ | 54.30 |  |   | 7/31/18 - 3/29/19 |   | 369 |  |   | $ | (20,037 | ) |   | $ | (957 | ) |   | $ | (5,804 | ) |   | (10) |
| CME Group                                                     |   | WTI Crude Oil Call Options |   | 55.00 |  |   | 7/31/18 - 3/29/19 |   | 369 |  |   | (20,295 | ) |   | (921 | ) |   | (5,571 | ) |   | (10) |
| CME Group                                                     |   | WTI Crude Oil Call Options |   | 57.50 |  |   | 7/31/18 - 4/30/19 |   | 410 |  |   | (23,575 | ) |   | (859 | ) |   | (5,228 | ) |   | (10) |
| CME Group                                                     |   | WTI Crude Oil Call Options |   | 62.75 |  |   | 7/31/18 - 4/30/19 |   | 410 |  |   | (25,728 | ) |   | (503 | ) |   | (3,495 | ) |   | (10) |
| CME Group                                                     |   | WTI Crude Oil Call Options |   | 85.00 |  |   | 12/31/19 |   | 125 |  |   | (10,625 | ) |   | (150 | ) |   | (160 | ) |   | (10) |
| Total Written Call Options                                    |   |   |   |   |   |   |   | $ | (3,390 | ) |   | $ | (20,258 | ) |   | (16) |
| Total Investments after Cash Equivalents and Option Contracts |   |   |   | $ | 2,524,831 |  |   | $ | 2,487,161 |  |   | (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, 2018, 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, 2018 and June 30, 2018 along with transactions during the three months ended June 30, 2018 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 June 30, 2018 | Net Realized Gains (Losses) | Interest/Dividend/Other Income |
| AIC SPV Holdings II, LLC, Preferred Stock                                    | $ | 925 |  | $ | — |  | $ | — |  | $ | (39 | ) | $ | 886 |  | $ | — |  | $ | 23 |  |
| AMP Solar Group, Inc., Class A Common Unit                                   | 5,051 |  | — |  | — |  | 63 |  | 5,114 |  | — |  | — |  |
| Golden Bear 2016-R, LLC, Membership Interests                                | 14,147 |  | 42 |  | — |  | (555 | ) | 13,634 |  | — |  | 289 |  |
| Pelican Energy, LLC, Membership Interests                                    | 12,946 |  | — |  | (4,333 | ) | (465 | ) | 8,148 |  | — |  | — |  |
| Renew Financial LLC (f/k/a Renewable Funding, LLC), Series B Preferred Stock | 19,035 |  | — |  | — |  | (226 | ) | 18,809 |  | — |  | — |  |
| Renew Financial LLC (f/k/a Renewable Funding, LLC), Series D Preferred Stock | 6,676 |  | — |  | — |  | (56 | ) | 6,620 |  | — |  | — |  |
| Renew JV LLC, Membership Interests                                           | 4,111 |  | 360 |  | (35 | ) | 771 |  | 5,207 |  | — |  | — |  |
| Solarplicity Group Limited, First Lien Term Loan                             | 6,063 |  | — |  | — |  | (358 | ) | 5,705 |  | — |  | — |  |
|                                                                         | $ | 68,954 |  | $ | 402 |  | $ | (4,368 | ) | $ | (865 | ) | $ | 64,123 |  | $ | — |  | $ | 312 |  |

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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 June 30, 2018 along with transactions during the three months ended June 30, 2018 in these controlled investments are as follows: |

|                                                                                          |
|------------------------------------------------------------------------------------------|
|                                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name of Issuer                                                                           | Fair Value at March 31, 2018 | Gross Additions ● | Gross Reductions ■ | Net Change in Unrealized Losses | Fair Value at June 30, 2018 | Net Realized Losses | Interest/Dividend/Other Income |
| Dynamic Product Tankers, LLC, First Lien Term Loan                                       | $ | 42,000 |  | $ | 10 |  | $ | — |  | $ | (10 | ) | $ | 42,000 |  | $ | — |  | $ | 976 |  |
| Dynamic Product Tankers, LLC, Letters of Credit                                          | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| Dynamic Product Tankers, LLC, Class A Units                                              | 41,479 |  | — |  | — |  | (1,404 | ) | 40,075 |  | — |  | — |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), First Lien Term Loan  | 15,000 |  | — |  | — |  | — |  | 15,000 |  | — |  | 303 |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), Second Lien Term Loan | 30,510 |  | 769 |  | — |  | — |  | 31,279 |  | — |  | 778 |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), Common Stock          | 20,303 |  | — |  | — |  | (4,322 | ) | 15,981 |  | — |  | — |  |
| Merx Aviation Finance Assets Ireland Limited, Letters of Credit                          | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| Merx Aviation Finance, LLC, Letter of Credit                                             | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| Merx Aviation Finance, LLC, Revolver                                                     | 359,800 |  | 91,000 |  | — |  | — |  | 450,800 |  | — |  | 11,727 |  |
| Merx Aviation Finance, LLC, Membership Interests                                         | 42,381 |  | — |  | — |  | 9,620 |  | 52,001 |  | — |  | 3,500 |  |
| MSEA Tankers LLC, Class A Units                                                          | 72,256 |  | — |  | — |  | 22 |  | 72,278 |  | — |  | 1,765 |  |
| SHD Oil & Gas, LLC, Tranche A Note                                                   | 44,739 |  | 659 |  | — |  | 19 |  | 45,417 |  | — |  | 1,552 |  |
| SHD Oil & Gas, LLC, Tranche B Note                                                   | 40,816 |  | — |  | — |  | 4,654 |  | 45,470 |  | — |  | — |  |
| SHD Oil & Gas, LLC, Tranche C Note                                                   | 19,776 |  | — |  | — |  | — |  | 19,776 |  | — |  | 582 |  |
| SHD Oil & Gas, LLC, Unfunded Tranche C Note                                          | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| SHD Oil & Gas, LLC, Series A Units                                                   | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
|                                                                                     | $ | 729,060 |  | $ | 92,438 |  | $ | — |  | $ | 8,579 |  | $ | 830,077 |  | $ | — |  | $ | 21,183 |  |

|       |                                                                                                                                                                                                                                                                                                                                         |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | As of June 30, 2018, 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 $150,806 and $182,905, respectively. Net unrealized loss is $32,099 based on a tax cost of $2,519,260. |

|     |                                                                                                                                                                                                                                                                                              |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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”). |

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|      |                                                                                                                                                                                                                            |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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 (“£”), and Canadian Dollar (“C$”). |

|      |                                |
|------|--------------------------------|
| (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) | Refer to Note 7 to the financial statements for details of the Offsetting Assets and Liabilities. On the Statement of Assets and Liabilities, the fair value of purchased put options and written call options that are settled-to-market are offset against the cash collateral posted with the clearing house as variation margin amounting to $18,704. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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, 2018, non-qualifying assets represented approximately 14.14% 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, 2018, rates for 1M L, 2M L, 3M L, 6M L, 1M E, 3M E, and Prime are 2.09%, 2.17%, 2.34%, 2.50%, (0.39%), (0.36%) and 5.00%, 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 June 30, 2018, 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 |
| ABG Intermediate Holdings 2, LLC             | $ | 1,139 |  | $ | — |  | $ | — |  | $ | 1,139 |  |
| Access CIG, LLC                              | 969 |  | — |  | — |  | 969 |  |
| Aero Operating LLC                           | 4,812 |  | — |  | — |  | 4,812 |  |
| Altasciences US Acquisition, Inc.            | 4,277 |  | 107 |  | — |  | 4,170 |  |
| American Media, Inc.                         | 1,778 |  | 711 |  | — |  | 1,067 |  |
| Amerivet Partners Management, Inc.           | 20,955 |  | — |  | — |  | 20,955 |  |
| Analogic Corporation                         | 2,609 |  | — |  | — |  | 2,609 |  |
| BCPE Burgundy Merger Sub, Inc.               | 3,333 |  | — |  | — |  | 3,333 |  |
| Carbonfree Caustic SPE LLC                   | 6,111 |  | — |  | — |  | 6,111 |  |
| Dynamic Product Tankers, LLC                 | 2,750 |  | — |  | 2,750 |  | — |  |
| Eagle Foods Family Group, LLC                | 3,750 |  | 833 |  | — |  | 2,917 |  |
| Erickson Inc                                 | 45,000 |  | 26,014 |  | 6,862 |  | 12,124 |  |
| Genesis Healthcare, Inc.                     | 70,000 |  | 20,302 |  | — |  | 49,698 |  |
| Invuity, Inc.                                | 2,000 |  | 809 |  | — |  | 1,191 |  |
| LabVantage Solutions Limited*                | 4,011 |  | 711 |  | — |  | 3,300 |  |
| LSCS Holdings, Inc                           | 682 |  | — |  | — |  | 682 |  |
| Maxor National Pharmacy Services, LLC        | 1,557 |  | — |  | — |  | 1,557 |  |
| Merx Aviation Finance Assets Ireland Limited | 3,600 |  | — |  | 3,600 |  | — |  |
| Merx Aviation Finance, LLC                   | 177 |  | — |  | 177 |  | — |  |
| Newscycle Solutions, Inc.                    | 500 |  | 160 |  | — |  | 340 |  |
| Omnitracs, LLC                               | 3,750 |  | — |  | — |  | 3,750 |  |
| Oxford Immunotec, Inc.                       | 1,000 |  | — |  | — |  | 1,000 |  |
| PSI Services, LLC*                           | 459 |  | — |  | — |  | 459 |  |
| PTC Therapeutics, Inc                        | 6,333 |  | — |  | — |  | 6,333 |  |
| Purchasing Power, LLC                        | 4,500 |  | 2,179 |  | — |  | 2,321 |  |
| RA Outdoors, LLC                             | 1,200 |  | — |  | — |  | 1,200 |  |
| RiteDose Holdings I, Inc.                    | 2,000 |  | — |  | — |  | 2,000 |  |
| SESAC Holdco II LLC                          | 587 |  | — |  | — |  | 587 |  |
| SHD Oil & Gas, LLC                       | 2,800 |  | — |  | — |  | 2,800 |  |
| Simplifi Holdings, Inc.                      | 2,400 |  | — |  | — |  | 2,400 |  |
| Teladoc, Inc.                                | 1,666 |  | — |  | 360 |  | 1,306 |  |
| Ten-X, LLC                                   | 4,680 |  | — |  | — |  | 4,680 |  |
| TherapeuticsMD, Inc.                         | 37,500 |  | — |  | — |  | 37,500 |  |
| Tibco Software Inc.                          | 6,000 |  | — |  | — |  | 6,000 |  |
| TricorBraun Holdings, Inc.                   | 5,625 |  | 1,950 |  | — |  | 3,675 |  |
| UniTek Global Services Inc.                  | 10,749 |  | — |  | 5,749 |  | 5,000 |  |
| Wright Medical Group, Inc.                   | 56,667 |  | 11,933 |  | — |  | 44,734 |  |
| ZPower, LLC                                  | 1,667 |  | — |  | — |  | 1,667 |  |
| Total Commitments                            | $ | 329,593 |  | $ | 65,709 |  | $ | 19,498 |  | $ | 244,386 |  |

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|      |                                                                                                                                                                                                                                                                                                                                                                         |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (24) | As of June 30, 2018, 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, 2018, 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 notional value represents the number of contracts open multiplied by the exercise price as of June 30, 2018. |

|      |                                                                                                                                                                                                                                                                              |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (28) | 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. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (29) | 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. |

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|      |                                                                                                                                                             |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (30) | The following shows the composition of the Company’s portfolio at cost by control designation, investment type and industry as of June 30, 2018: |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 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                         | $ | 38,149 |  | $ | 5,489 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 43,638 |  |
| Aerospace & Defense                                        | 25,602 |  | 47,034 |  | — |  | — |  | — |  | — |  | — |  | 72,636 |  |
| Automotive                                                     | 14,587 |  | 26,336 |  | — |  | — |  | — |  | 1,714 |  | — |  | 42,637 |  |
| Beverage, Food & Tobacco                                   | 25,515 |  | — |  | — |  | — |  | — |  | — |  | — |  | 25,515 |  |
| Business Services                                              | 107,849 |  | 224,257 |  | 80,000 |  | — |  | — |  | 4,500 |  | — |  | 416,606 |  |
| Chemicals, Plastics & Rubber                               | 51,805 |  | 14,434 |  | — |  | — |  | — |  | 7,500 |  | — |  | 73,739 |  |
| Consumer Goods – Durable                                 | 14,429 |  | 24,664 |  | — |  | — |  | — |  | — |  | — |  | 39,093 |  |
| Consumer Goods – Non-Durable                             | — |  | 28,097 |  | — |  | — |  | — |  | — |  | — |  | 28,097 |  |
| Consumer Services                                              | — |  | 24,654 |  | — |  | — |  | — |  | — |  | — |  | 24,654 |  |
| Containers, Packaging & Glass                              | 1,604 |  | 18,107 |  | — |  | — |  | — |  | — |  | — |  | 19,711 |  |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 1,798 |  | 12,874 |  | — |  | 25,599 |  | — |  | — |  | — |  | 40,271 |  |
| Energy – Electricity                                     | 37,636 |  | — |  | — |  | — |  | 5,862 |  | 4 |  | — |  | 43,502 |  |
| Food & Grocery                                             | 19,497 |  | 24,796 |  | — |  | — |  | — |  | — |  | — |  | 44,293 |  |
| Healthcare & Pharmaceuticals                               | 213,226 |  | 103,557 |  | — |  | — |  | 333 |  | — |  | 315 |  | 317,431 |  |
| High Tech Industries                                           | 149,201 |  | 61,843 |  | — |  | — |  | — |  | — |  | 48 |  | 211,092 |  |
| Hotel, Gaming, Leisure, Restaurants                            | 2,500 |  | — |  | — |  | — |  | — |  | — |  | — |  | 2,500 |  |
| Insurance                                                      | — |  | 21,815 |  | — |  | — |  | — |  | — |  | — |  | 21,815 |  |
| Manufacturing, Capital Equipment                               | — |  | 47,368 |  | — |  | — |  | — |  | — |  | — |  | 47,368 |  |
| Media – Diversified & Production                     | (39 | ) | 3,214 |  | — |  | — |  | — |  | — |  | — |  | 3,175 |  |
| Metals & Mining                                            | 1,273 |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,273 |  |
| Telecommunications                                             | 40,502 |  | 22,579 |  | 10,290 |  | — |  | — |  | — |  | — |  | 73,371 |  |
| Transportation – Cargo, Distribution                     | — |  | 9,287 |  | — |  | — |  | — |  | — |  | — |  | 9,287 |  |
| Utilities – Electric                                     | — |  | — |  | — |  | 26,137 |  | — |  | — |  | — |  | 26,137 |  |
| Total Non-Controlled/ Non-Affiliated Investments               | $ | 745,134 |  | $ | 720,405 |  | $ | 90,290 |  | $ | 51,736 |  | $ | 6,195 |  | $ | 13,718 |  | $ | 363 |  | $ | 1,627,841 |  |
| Non-Controlled/Affiliated Investments                          |   |   |   |   |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | $ | — |  | $ | — |  | $ | — |  | $ | 16,548 |  | $ | — |  | $ | — |  | $ | — |  | $ | 16,548 |  |
| Energy – Electricity                                     | 5,811 |  | — |  | — |  | — |  | 14,445 |  | 13,065 |  | — |  | 33,321 |  |
| Energy – Oil & Gas                                   | — |  | — |  | — |  | — |  | — |  | 20,108 |  | — |  | 20,108 |  |
| Total Non-Controlled/Affiliated Investments                    | $ | 5,811 |  | $ | — |  | $ | — |  | $ | 16,548 |  | $ | 14,445 |  | $ | 33,173 |  | $ | — |  | $ | 69,977 |  |
| Controlled Investments                                         |   |   |   |   |   |   |   |   |
| Aviation and Consumer Transport                                | $ | 450,800 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 15,000 |  | $ | — |  | $ | 465,800 |  |
| Energy – Oil & Gas                                   | 122,675 |  | 31,279 |  | — |  | — |  | — |  | 31,489 |  | — |  | 185,443 |  |
| Transportation – Cargo, Distribution                     | 41,800 |  | — |  | — |  | — |  | — |  | 122,556 |  | — |  | 164,356 |  |
| Total Controlled Investments                                   | $ | 615,275 |  | $ | 31,279 |  | $ | — |  | $ | — |  | $ | — |  | $ | 169,045 |  | $ | — |  | $ | 815,599 |  |
| Total                                                          | $ | 1,366,220 |  | $ | 751,684 |  | $ | 90,290 |  | $ | 68,284 |  | $ | 20,640 |  | $ | 215,936 |  | $ | 363 |  | $ | 2,513,417 |  |

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|      |                                                                                                                                                                        |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (31) | The following shows the composition of the Company’s portfolio at fair value by control designation, investment type and industry as of June 30, 2018: |

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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                         | $ | 39,088 |  | $ | 5,591 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 44,679 |  | 3.2 | % |
| Aerospace & Defense                                        | 25,003 |  | 47,822 |  | — |  | — |  | — |  | — |  | — |  | 72,825 |  | 5.2 | % |
| Automotive                                                     | 14,545 |  | 26,096 |  | — |  | — |  | — |  | 100 |  | — |  | 40,741 |  | 2.9 | % |
| Beverage, Food & Tobacco                                   | 25,510 |  | — |  | — |  | — |  | — |  | — |  | — |  | 25,510 |  | 1.8 | % |
| Business Services                                              | 108,831 |  | 225,148 |  | 80,000 |  | — |  | — |  | 4,500 |  | — |  | 418,479 |  | 30.1 | % |
| Chemicals, Plastics & Rubber                               | 46,457 |  | 15,532 |  | — |  | — |  | — |  | — |  | — |  | 61,989 |  | 4.5 | % |
| Consumer Goods – Durable                                 | 14,018 |  | 24,660 |  | — |  | — |  | — |  | 471 |  | — |  | 39,149 |  | 2.8 | % |
| Consumer Goods – Non-Durable                             | — |  | 28,428 |  | — |  | — |  | — |  | — |  | — |  | 28,428 |  | 2.0 | % |
| Consumer Services                                              | — |  | 24,645 |  | — |  | — |  | — |  | — |  | — |  | 24,645 |  | 1.8 | % |
| Containers, Packaging & Glass                              | 1,954 |  | 11,770 |  | — |  | — |  | — |  | — |  | — |  | 13,724 |  | 1.0 | % |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 1,789 |  | 13,048 |  | — |  | 24,998 |  | — |  | — |  | — |  | 39,835 |  | 2.9 | % |
| Energy – Electricity                                     | 37,317 |  | — |  | — |  | — |  | 4,752 |  | 974 |  | — |  | 43,043 |  | 3.1 | % |
| Food & Grocery                                             | 19,452 |  | 25,250 |  | — |  | — |  | — |  | — |  | — |  | 44,702 |  | 3.2 | % |
| Healthcare & Pharmaceuticals                               | 213,609 |  | 90,816 |  | — |  | — |  | 333 |  | — |  | 171 |  | 304,929 |  | 21.9 | % |
| High Tech Industries                                           | 147,850 |  | 61,680 |  | — |  | — |  | — |  | — |  | 76 |  | 209,606 |  | 15.1 | % |
| Hotel, Gaming, Leisure, Restaurants                            | 2,500 |  | — |  | — |  | — |  | — |  | — |  | — |  | 2,500 |  | 0.2 | % |
| Insurance                                                      | — |  | 21,298 |  | — |  | — |  | — |  | — |  | — |  | 21,298 |  | 1.5 | % |
| Manufacturing, Capital Equipment                               | — |  | 48,396 |  | — |  | — |  | — |  | — |  | — |  | 48,396 |  | 3.5 | % |
| Media – Diversified & Production                     | (44 | ) | 3,224 |  | — |  | — |  | — |  | — |  | — |  | 3,180 |  | 0.2 | % |
| Metals & Mining                                            | 405 |  | — |  | — |  | — |  | — |  | — |  | — |  | 405 |  | 0% |  |
| Telecommunications                                             | 41,415 |  | 22,925 |  | 10,599 |  | — |  | — |  | — |  | — |  | 74,939 |  | 5.4 | % |
| Transportation – Cargo, Distribution                     | — |  | 9,516 |  | — |  | — |  | — |  | — |  | — |  | 9,516 |  | 0.7 | % |
| Utilities – Electric                                     | — |  | — |  | — |  | 28,741 |  | — |  | — |  | — |  | 28,741 |  | 2.1 | % |
| Total Non-Controlled / Non-Affiliated Investments              | $ | 739,699 |  | $ | 705,845 |  | $ | 90,599 |  | $ | 53,739 |  | $ | 5,085 |  | $ | 6,045 |  | $ | 247 |  | $ | 1,601,259 |  | 115.1 | % |
| % of Net Assets                                                | 53.2 | % | 50.7 | % | 6.5 | % | 3.9 | % | 0.4 | % | 0.4 | % | 0% |  | 115.1 | % |   |
| Non-Controlled / Affiliated Investments                        |   |   |   |   |   |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | $ | — |  | $ | — |  | $ | — |  | $ | 13,634 |  | $ | — |  | $ | — |  | $ | — |  | $ | 13,634 |  | 1.0 | % |
| Energy – Electricity                                     | 5,705 |  | — |  | — |  | — |  | 26,315 |  | 10,321 |  | — |  | 42,341 |  | 3.0 | % |
| Energy – Oil & Gas                                   | — |  | — |  | — |  | — |  | — |  | 8,148 |  | — |  | 8,148 |  | 0.6 | % |
| Total Non-Controlled / Affiliated Investments                  | $ | 5,705 |  | $ | — |  | $ | — |  | $ | 13,634 |  | $ | 26,315 |  | $ | 18,469 |  | $ | — |  | $ | 64,123 |  | 4.6 | % |
| % of Net Assets                                                | 0.4 | % | — | % | — | % | 1.0 | % | 1.9 | % | 1.3 | % | — | % | 4.6 | % |   |
| Controlled Investments                                         |   |   |   |   |   |   |   |
| Aviation and Consumer Transport                                | $ | 450,800 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 52,001 |  | $ | — |  | $ | 502,801 |  | 36.2 | % |
| Energy – Oil & Gas                                   | 125,663 |  | 31,279 |  | — |  | — |  | — |  | 15,981 |  | — |  | 172,923 |  | 12.4 | % |
| Transportation – Cargo, Distribution                     | 42,000 |  | — |  | — |  | — |  | — |  | 112,353 |  | — |  | 154,353 |  | 11.1 | % |
| Total Controlled Investments                                   | $ | 618,463 |  | $ | 31,279 |  | $ | — |  | $ | — |  | $ | — |  | $ | 180,335 |  | $ | — |  | $ | 830,077 |  | 59.7 | % |
| % of Net Assets                                                | 44.5 | % | 2.2 | % | — | % | — | % | — | % | 13.0 | % | — | % | 59.7 | % |   |
| Total                                                          | $ | 1,363,867 |  | $ | 737,124 |  | $ | 90,599 |  | $ | 67,373 |  | $ | 31,400 |  | $ | 204,849 |  | $ | 247 |  | $ | 2,495,459 |  | 179.4 | % |
| % of Net Assets                                                | 98.1 | % | 52.9 | % | 6.5 | % | 4.9 | % | 2.3 | % | 14.7 | % | 0% |  | 179.4 | % |   |

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|                                                                |  |
| Industry Classification                                        | Percentage of Total Investments (at Fair Value) as of June 30, 2018 |
| Aviation and Consumer Transport                                | 20.1% |
| Business Services                                              | 16.8% |
| Healthcare & Pharmaceuticals                               | 12.2% |
| High Tech Industries                                           | 8.4% |
| Energy – Oil & Gas                                   | 7.3% |
| Transportation – Cargo, Distribution                     | 6.6% |
| Energy – Electricity                                     | 3.4% |
| Telecommunications                                             | 3.0% |
| Aerospace & Defense                                        | 2.9% |
| Chemicals, Plastics & Rubber                               | 2.5% |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 2.2% |
| Manufacturing, Capital Equipment                               | 1.9% |
| Food & Grocery                                             | 1.8% |
| Advertising, Printing & Publishing                         | 1.8% |
| Automotive                                                     | 1.6% |
| Consumer Goods – Durable                                 | 1.6% |
| Utilities – Electric                                     | 1.2% |
| Consumer Goods – Non-durable                             | 1.1% |
| Beverage, Food & Tobacco                                   | 1.0% |
| Consumer Services                                              | 1.0% |
| Insurance                                                      | 0.9% |
| Containers, Packaging & Glass                              | 0.5% |
| Media – Diversified & Production                     | 0.1% |
| Hotel, Gaming, Leisure, Restaurants                            | 0.1% |
| Metals & Mining                                            | 0.0% |
| Total Investments                                              | 100.0% |

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|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                           |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |   |
| Advertising, Printing & Publishing       |   |   |   |   |   |   |
| A-L Parent LLC                               |   | Second Lien Secured Debt |   | 9.13% (1M L+725, 1.00% Floor) |   | 12/02/24 |   | $ | 7,536 |  |   | $ | 7,473 |  |   | $ | 7,611 |  |   |   |
| American Media, Inc.                         |   | First Lien Secured Debt |   | 10.75% (3M L+900, 1.00% Floor) |   | 08/24/20 |   | 13,867 |  |   | 13,596 |  |   | 14,213 |  |   |   |
|                                         |   | First Lien Secured Debt - Revolver |   | 11.25% (3M L+900, 1.00% Floor) |   | 08/24/20 |   | 948 |  |   | 948 |  |   | 963 |  |   | (23) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/24/20 |   | 746 |  |   | (32 | ) |   | — |  |   | (21)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 9.00% |   | 08/24/20 |   | 84 |  |   | — |  |   | — |  |   | (23) |
|                                         |   |   |   |   |   |   |   |   |   | 14,512 |  |   | 15,176 |  |   |   |
| Simplifi Holdings, Inc.                      |   | First Lien Secured Debt |   | 8.39% (1M L+650, 1.00% Floor) |   | 09/28/22 |   | 12,139 |  |   | 11,812 |  |   | 11,775 |  |   | (9) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/28/22 |   | 2,400 |  |   | (65 | ) |   | (72 | ) |   | (8)(9)(21)(23) |
|                                         |   |   |   |   |   |   |   |   |   | 11,747 |  |   | 11,703 |  |   |   |
| Total Advertising, Printing & Publishing |   |   | $ | 33,732 |  |   | $ | 34,490 |  |   |   |
| Aerospace & Defense                      |   |   |   |   |   |   |
| Erickson Inc                                 |   | First Lien Secured Debt - Revolver |   | 9.81% (3M L+750, 1.00% Floor) |   | 04/28/22 |   | $ | 21,140 |  |   | $ | 21,140 |  |   | $ | 20,823 |  |   | (9)(23) |
|                                         |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 04/28/22 |   | 16,201 |  |   | (458 | ) |   | (243 | ) |   | (8)(9)(21)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 04/01/18 |   | 277 |  |   | — |  |   | (4 | ) |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 06/20/18 |   | 43 |  |   | — |  |   | — |  |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 06/25/18 |   | 4 |  |   | — |  |   | — |  |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 09/30/18 |   | 104 |  |   | — |  |   | (2 | ) |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 10/18/18 |   | 708 |  |   | — |  |   | (11 | ) |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 11/28/18 |   | 670 |  |   | — |  |   | (10 | ) |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 12/10/18 |   | 37 |  |   | — |  |   | (1 | ) |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 03/31/20 |   | 1,287 |  |   | — |  |   | (19 | ) |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 08/24/18 |   | 288 |  |   | — |  |   | (4 | ) |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 10/27/18 |   | 5 |  |   | — |  |   | — |  |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 08/26/18 |   | 9 |  |   | — |  |   | — |  |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 08/16/18 |   | 9 |  |   | — |  |   | — |  |   | (8)(9)(23) |
|                                         |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 04/30/20 |   | 4,218 |  |   | — |  |   | (63 | ) |   | (8)(9)(23) |
|                                         |   |   |   |   |   |   |   |   |   | 20,682 |  |   | 20,466 |  |   |   |
| ILC Dover LP                                 |   | Second Lien Secured Debt |   | 10.95% (6M L+850, 1.00% Floor) |   | 06/28/24 |   | 20,000 |  |   | 19,566 |  |   | 19,550 |  |   |   |
| PAE Holding Corporation                      |   | Second Lien Secured Debt |   | 11.49% (2M L+950, 1.00% Floor) |   | 10/20/23 |   | 28,097 |  |   | 27,422 |  |   | 28,343 |  |   | (10) |
| Total Aerospace & Defense                |   |   | $ | 67,670 |  |   | $ | 68,359 |  |   |   |
|  Automotive                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Crowne Automotive                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Vari-Form Group, LLC                         |   | First Lien Secured Debt |   | 12.92% (3M L+11.00% (7.00% Cash plus 4.00% PIK), 1.00% Floor) |   | 02/02/23 |   | $ | 5,000 |  |   | $ | 4,855 |  |   | $ | 4,850 |  |   | (9) |

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|                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                               |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |   |
| Vari-Form Inc.                                   |   | First Lien Secured Debt |   | 12.92% (3M L+11.00% (7.00% Cash plus 4.00% PIK), 1.00% Floor) |   | 02/02/23 |   | 10,000 |  |   | 9,710 |  |   | 9,700 |  |   | (9) |
|                                             |   | 14,565 |  |   | 14,550 |  |   |   |
| K&N Parent, Inc.                             |   | Second Lien Secured Debt |   | 10.63% (1M L+875, 1.00% Floor) |   | 10/21/24 |   | 27,000 |  |   | 26,550 |  |   | 26,325 |  |   | (10) |
| Total Automotive                                 |   |   | $ | 41,115 |  |   | $ | 40,875 |  |   |   |
| Aviation and Consumer Transport                  |   |   |   |   |   |   |   |   |   |   |
| Merx Aviation                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Merx Aviation Finance Assets Ireland Limited (5) |   | First Lien Secured Debt - Letter of Credit |   | 2.25% |   | 09/30/18 |   | $ | 3,600 |  |   | $ | — |  |   | $ | — |  |   | (23) |
| Merx Aviation Finance, LLC (5)                   |   | First Lien Secured Debt - Revolver |   | 12.00% |   | 10/31/23 |   | 359,800 |  |   | 359,800 |  |   | 359,800 |  |   | (23) |
|                                             |   | First Lien Secured Debt - Letter of Credit |   | 2.25% |   | 07/13/18 |   | 177 |  |   | — |  |   | — |  |   | (23) |
|                                             |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | N/A |  |   | 15,000 |  |   | 42,381 |  |   |   |
| Total Aviation and Consumer Transport            |   |   | $ | 374,800 |  |   | $ | 402,181 |  |   |   |
| Business Services                                |   |   |   |   |   |   |   |   |   |   |
| Access CIG, LLC                                  |   | Second Lien Secured Debt |   | 9.63% (1M L+775) |   | 02/27/26 |   | $ | 20,235 |  |   | $ | 20,035 |  |   | $ | 20,463 |  |   | (10) |
|                                             |   | Second Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 02/27/26 |   | 3,765 |  |   | — |  |   | — |  |   | (10)(21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 20,035 |  |   | 20,463 |  |   |   |
| Aero Operating LLC                               |   | First Lien Secured Debt |   | 9.13% (1M L+725, 1.00% Floor) |   | 12/29/22 |   | 33,477 |  |   | 32,683 |  |   | 32,640 |  |   | (9) |
|                                             |   | First Lien Secured Debt - Revolver |   | 9.13% (1M L+725, 1.00% Floor) |   | 12/29/22 |   | 2,486 |  |   | 2,486 |  |   | 2,424 |  |   | (9)(23) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 1.00% Unfunded |   | 12/29/22 |   | 2,326 |  |   | (71 | ) |   | (58 | ) |   | (8)(9)(21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 35,098 |  |   | 35,006 |  |   |   |
| Almonde, Inc                                     |   | Second Lien Secured Debt |   | 9.23% (3M L+725, 1.00% Floor) |   | 06/13/25 |   | 2,316 |  |   | 2,294 |  |   | 2,300 |  |   | (10)(17) |
| Ambrosia Buyer Corp.                             |   | Second Lien Secured Debt |   | 9.88% (1M L+ 800, 1.00% Floor) |   | 08/28/25 |   | 21,429 |  |   | 20,933 |  |   | 20,934 |  |   |   |
| Aptean, Inc.                                     |   | Second Lien Secured Debt |   | 11.80% (3M L+950, 1.00% Floor) |   | 12/20/23 |   | 11,148 |  |   | 11,045 |  |   | 11,245 |  |   | (10) |
| CT Technologies Intermediate Holdings, Inc       |   | Second Lien Secured Debt |   | 10.88% (1M L+900, 1.00% Floor) |   | 12/01/22 |   | 31,253 |  |   | 30,470 |  |   | 30,315 |  |   | (9) |
| Electro Rent Corporation                         |   | Second Lien Secured Debt |   | 10.98% (3M L+900, 1.00% Floor) |   | 01/31/25 |   | 18,333 |  |   | 17,863 |  |   | 17,967 |  |   | (9) |
|                                             |   | Second Lien Secured Debt |   | 11.25% (3M L+900, 1.00% Floor) |   | 01/31/25 |   | 18,265 |  |   | 17,753 |  |   | 17,899 |  |   | (9) |
|                                             |   |   |   |   |   |   |   |   |   | 35,616 |  |   | 35,866 |  |   |   |
| Ministry Brands, LLC                             |   | Second Lien Secured Debt |   | 11.13% (1M L+925, 1.00% Floor) |   | 06/02/23 |   | 10,000 |  |   | 9,880 |  |   | 9,875 |  |   |   |
| Newscycle Solutions, Inc.                        |   | First Lien Secured Debt |   | 8.89% (1M L+700, 1.00% Floor) |   | 12/28/22 |   | 13,743 |  |   | 13,416 |  |   | 13,399 |  |   | (9) |
|                                             |   | First Lien Secured Debt |   | 8.88% (1M L+700, 1.00% Floor) |   | 12/28/22 |   | 1,257 |  |   | 1,227 |  |   | 1,226 |  |   | (9) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/28/22 |   | 500 |  |   | (7 | ) |   | (13 | ) |   | (8)(9)(21)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 14,636 |  |   | 14,612 |  |   |   |
| PSI Services, LLC                                |   | First Lien Secured Debt |   | 6.87% (1M L+500, 1.00% Floor) |   | 01/20/23 |   | 4,121 |  |   | 4,038 |  |   | 4,055 |  |   | (9) |

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|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |   |
|                                                                  |   | First Lien Secured Debt - Revolver |   | 6.89% (1M L+500, 1.00% Floor) |   | 01/20/22 |   | 79 |  |   | 79 |  |   | 78 |  |   | (9)(23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/20/22 |   | 159 |  |   | (8 | ) |   | (2 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | First Lien Secured Debt - Revolver |   | 6.85% (1M L+500, 1.00% Floor) |   | 01/20/22 |   | 159 |  |   | 159 |  |   | 156 |  |   | (9)(23) |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/20/22 |   | £ | 47 |  |   | — |  |   | — |  |   | (9)(21)(23) |
|                                                                  |   | Second Lien Secured Debt |   | 10.87% (1M L+900, 1.00% Floor) |   | 01/20/24 |   | 25,714 |  |   | 25,073 |  |   | 25,170 |  |   | (9) |
|                                                                  |   |   |   |   |   |   |   |   |   | 29,341 |  |   | 29,457 |  |   |   |
| RA Outdoors, LLC                                                      |   | First Lien Secured Debt |   | 6.54% (1M L+475, 1.00% Floor) |   | 09/11/24 |   | 7,229 |  |   | 7,095 |  |   | 7,156 |  |   | (9) |
|                                                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/09/22 |   | 1,200 |  |   | (21 | ) |   | (12 | ) |   | (8)(9)(21)(23) |
|                                                                  |   | Second Lien Secured Debt |   | 10.54% (1M L+875, 1.00% Floor) |   | 09/11/25 |   | 34,200 |  |   | 33,404 |  |   | 33,516 |  |   | (9) |
|                                                                  |   |   |   |   |   |   |   |   |   | 40,478 |  |   | 40,660 |  |   |   |
| Skyline Data/Dodge Data                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Dodge Data & Analytics LLC                                        |   | First Lien Secured Debt |   | 11.06% (3M L+875, 1.00% Floor) |   | 10/31/19 |   | 48,965 |  |   | 48,653 |  |   | 47,790 |  |   |   |
| Skyline Data, News and Analytics LLC                                  |   | Common Equity/Interests - Class A Common Unit |   | N/A |   | N/A |   | 4,500,000 Shares |  |   | 4,500 |  |   | 4,500 |  |   | (13) |
|                                                                  |   |   |   |   |   |   |   |   |   | 53,153 |  |   | 52,290 |  |   |   |
| STG-Fairway Acquisitions, Inc.                                        |   | Second Lien Secured Debt |   | 11.23% (3M L+925, 1.00% Floor) |   | 06/30/23 |   | 15,000 |  |   | 14,753 |  |   | 14,400 |  |   | (10) |
| Transplace Holdings, Inc.                                             |   | Second Lien Secured Debt |   | 10.46% (1M L+875, 1.00% Floor) |   | 10/06/25 |   | 14,963 |  |   | 14,609 |  |   | 15,187 |  |   | (10) |
| U.S. Security Associates Holdings, Inc.                               |   | Unsecured Debt |   | 11.00% |   | 01/28/20 |   | 80,000 |  |   | 80,000 |  |   | 80,000 |  |   |   |
| Total Business Services                                               |   |   | $ | 412,341 |  |   | $ | 412,610 |  |   |   |
| 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 |   | 06/30/20 |   | $ | 59,305 |  |   | $ | 59,305 |  |   | $ | 47,170 |  |   |   |
| Carbonfree Caustic SPE LLC                                            |   | Unfunded Delayed Draw - Promissory Note |   | 0.00% Unfunded |   | 06/30/20 |   | 6,111 |  |   | — |  |   | — |  |   | (21)(23) |
|                                                                  |   |   |   |   |   |   |   |   |   | 59,305 |  |   | 47,170 |  |   |   |
| Hare Bidco, Inc.                                                      |   | Second Lien Secured Debt |   | 9.75% (3M E+875, 1.00% Floor) |   | 08/01/24 |   | € | 13,574 |  |   | 14,423 |  |   | 16,360 |  |   |   |
| Total Chemical, Plastics & Rubber                                 |   |   | $ | 73,728 |  |   | $ | 63,530 |  |   |   |
| Consumer Goods – Durable                                        |   |   |   |   |   |   |   |   |   |   |
| Hayward Industries, Inc.                                              |   | Second Lien Secured Debt |   | 10.13% (1M L+825) |   | 08/04/25 |   | $ | 25,110 |  |   | $ | 24,649 |  |   | $ | 24,647 |  |   |   |
| KLO Holdings                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 9357-5991 Quebec Inc.                                                 |   | First Lien Secured Debt |   | 9.69% (1M L+775, 0.75% Floor) |   | 04/07/22 |   | 9,322 |  |   | 9,229 |  |   | 9,224 |  |   |   |
| KLO Acquisition LLC                                                   |   | First Lien Secured Debt |   | 9.69% (1M L+775, 0.75% Floor) |   | 04/07/22 |   | 5,397 |  |   | 5,343 |  |   | 5,340 |  |   |   |
|                                                                  |   |   |   |   |   |   |   |   |   | 14,572 |  |   | 14,564 |  |   |   |
| Sorenson Holdings, LLC                                                |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 587 Shares |  |   | — |  |   | 466 |  |   | (13) |
| Total Consumer Goods - Durable                                        |   |   | $ | 39,221 |  |   | $ | 39,677 |  |   |   |
| Consumer Goods – Non-Durable                                    |   |   |   |   |   |   |   |   |   |   |
| ABG Intermediate Holdings 2, LLC                                      |   | Second Lien Secured Debt |   | 10.05% (3M L+775, 1.00% Floor) |   | 09/29/25 |   | $ | 8,094 |  |   | $ | 8,036 |  |   | $ | 8,226 |  |   |  (10) |

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|                                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                   |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |   |
| Sequential Brands Group, Inc.                                        |   | Second Lien Secured Debt |   | 10.79% (1M L+900) |   | 07/01/22 |   | 17,160 |  |   | 17,007 |  |   | 17,250 |  |   |  (17) |
| Total Consumer Goods - Non-Durable                                   |   |   | $ | 25,043 |  |   | $ | 25,476 |  |   |   |
| Consumer Services                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| 1A Smart Start LLC                                                   |   | Second Lien Secured Debt |   | 10.13% (1M L+825, 1.00% Floor) |   | 08/22/22 |   | $ | 25,100 |  |   | $ | 24,628 |  |   | $ | 24,623 |  |   |   |
| Total Consumer Services                                              |   |   | $ | 24,628 |  |   | $ | 24,623 |  |   |   |
| Containers, Packaging & Glass                                    |   |   |   |   |   |   |   |   |   |   |
| Sprint Industrial Holdings, LLC                                      |   | Second Lien Secured Debt |   | 13.5% PIK |   | 11/14/19 |   | $ | 19,072 |  |   | $ | 18,107 |  |   | $ | 10,159 |  |   | (13)(14) |
|                                                                 |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 7,341 Warrants |  |   | — |  |   | — |  |   | (13)(26) |
|                                                                 |   |   |   |   |   |   |   |   |   | 18,107 |  |   | 10,159 |  |   |   |
| TricorBraun Holdings, Inc.                                           |   | First Lien Secured Debt - Revolver |   | 7.00% (P+225) |   | 11/30/21 |   | 1,560 |  |   | 1,560 |  |   | 1,561 |  |   | (23) |
|                                                                 |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/30/21 |   | 4,065 |  |   | (371 | ) |   | — |  |   | (21)(23) |
|                                                                 |   | 1,189 |  |   | 1,561 |  |   |   |
| Total Containers, Packaging & Glass                              |   |   | $ | 19,296 |  |   | $ | 11,720 |  |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate       |   |   |   |   |   |   |   |   |   |   |
| Armor Holding II LLC                                                 |   | Second Lien Secured Debt |   | 11.31% (3M L+900, 1.25% Floor) |   | 12/26/20 |   | $ | 8,000 |  |   | $ | 7,941 |  |   | $ | 8,110 |  |   | (10) |
| Craft 2014-1A                                                        |   | Structured Products and Other - Credit-Linked Note |   | N/A |   | 05/15/21 |   | 42,500 |  |   | — |  |   | — |  |   | (11)(17) |
| Craft 2015-2                                                         |   | Structured Products and Other - Credit-Linked Note |   | 10.22% (3M L+925) |   | 01/16/24 |   | 24,998 |  |   | 25,691 |  |   | 24,960 |  |   | (11)(17) |
| Golden Bear 2016-R, LLC (3)(4)                                       |   | Structured Products and Other - Membership Interests |   | N/A |   | 09/20/42 |   | — |  |   | 16,506 |  |   | 14,147 |  |   | (17) |
| Mayfield Agency Borrower Inc.                                        |   | Second Lien Secured Debt |   | 10.38% (1M L+850, 1.00% Floor) |   | 03/02/26 |   | 5,000 |  |   | 4,926 |  |   | 4,997 |  |   | (10) |
| Purchasing Power, LLC                                                |   | First Lien Secured Debt - Revolver |   | 9.88% (1M L + 800, 1.00% Floor) |   | 07/10/19 |   | 3,068 |  |   | 3,068 |  |   | 3,048 |  |   | (9)(23) |
|                                                                 |   | First Lien Secured Debt - Unfunded Revolver |   | 0.75% Unfunded |   | 07/10/19 |   | 1,432 |  |   | (53 | ) |   | (35 | ) |   | (8)(9)(21)(23) |
|                                                                 |   |   |   |   |   |   |   |   |   | 3,015 |  |   | 3,013 |  |   |   |
| Ten-X, LLC                                                           |   | First Lien Secured Debt - Revolver |   | 5.60% (1M L+375, 1.00% Floor) |   | 09/29/22 |   | 520 |  |   | 520 |  |   | 477 |  |   | (23) |
|                                                                 |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/29/22 |   | 4,160 |  |   | (379 | ) |   | (341 | ) |   | (8)(21)(23) |
|                                                                 |   |   |   |   |   |   |   |   |   | 141 |  |   | 136 |  |   |   |
| Total Diversified Investment Vehicles, Banking, Finance, Real Estate |   |   | $ | 58,220 |  |   | $ | 55,363 |  |   |   |
| Energy – Electricity                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| AMP Solar Group, Inc. (4)                                            |   | Common Equity/Interests - Class A Common Unit |   | N/A |   | N/A |   | 243,646 Shares |  |   | $ | 10,000 |  |   | $ | 5,051 |  |   | (13)(17) |
| Renew Financial                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| AIC SPV Holdings II, LLC (4)                                         |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 143 Shares |  |   | 534 |  |   | 925 |  |   | (13)(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 |  |   | 19,035 |  |   | (13) |
|                                                                 |   | Preferred Equity - Series D Preferred Stock |   | N/A |   | N/A |   | 436,689 Shares |  |   | 5,568 |  |   | 6,676 |  |   | (13) |
| Renew JV LLC (4)                                                     |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | N/A |  |   | 2,740 |  |   | 4,111 |  |   | (13)(17) |
|                                                                 |   |   |   |   |   |   |   |   |   | 17,185 |  |   | 30,747 |  |   |   |
| Solarplicity Group                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Solarplicity Group Limited (3)(4)                                    |   | First Lien Secured Debt |   | N/A |   | 11/30/22 |   | £ | 4,331 |  |   | 5,811 |  |   | 6,063 |  |   | (13)(17) |

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|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |   |
| Solarplicity UK Holdings Limited                                      |   | First Lien Secured Debt |   | 4.00% |   | 03/08/23 |   | £ | 5,562 |  |   | 7,637 |  |   | 7,778 |  |   | (17) |
|                                                                  |   | Preferred Equity - Preferred Stock |   | N/A |   | N/A |   | 4,286 Shares |  |   | 5,832 |  |   | 5,008 |  |   | (2)(17) |
|                                                                  |   | Common Equity/Interests - Ordinary Shares |   | N/A |   | N/A |   | 2,825 Shares |  |   | 4 |  |   | 929 |  |   | (2)(13)(17) |
|                                                                  |   |   |   |   |   |   |   |   |   | 19,284 |  |   | 19,778 |  |   |   |
| Westinghouse Electric Co LLC                                          |   | First Lien Secured Debt |   | 6.44% (1M L+450, 1.00% Floor) |   | 01/11/19 |   | $ | 30,000 |  |   | 30,000 |  |   | 30,000 |  |   | (9) |
| Total Energy – Electricity                                      |   |   | $ | 76,469 |  |   | $ | 85,576 |  |   |   |
| 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) |   | 03/29/19 |   | $ | 15,000 |  |   | $ | 15,000 |  |   | $ | 15,000 |  |   |   |
|                                                                  |   | Second Lien Secured Debt |   | 10.00% PIK (8.00% Cash Toggle) |   | 03/29/21 |   | 30,510 |  |   | 30,510 |  |   | 30,510 |  |   |   |
|                                                                  |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 5,000,000 Shares |  |   | 30,078 |  |   | 20,303 |  |   | (13) |
|                                                                  |   |   |   |   |   |   |   |   |   | 75,588 |  |   | 65,813 |  |   |   |
| Pelican Energy, LLC (4)                                               |   | Common Equity/Interests - Membership Interests |   | N/A |   | N/A |   | 1,444 Shares |  |   | 24,441 |  |   | 12,946 |  |   | (13)(17)(29) |
| SHD Oil & Gas, LLC (5)                                            |   | First Lien Secured Debt - Tranche A Note |   | 14.00% (8.00% Cash plus 6.00% PIK) |   | 12/31/19 |   | 43,436 |  |   | 43,436 |  |   | 44,739 |  |   |   |
|                                                                  |   | First Lien Secured Debt - Tranche B Note |   | 14.00% PIK |   | 12/31/19 |   | 73,231 |  |   | 44,380 |  |   | 40,816 |  |   | (13)(14) |
|                                                                  |   | First Lien Secured Debt  - Tranche C Note |   | 12.00% |   | 12/31/19 |   | 19,200 |  |   | 19,200 |  |   | 19,776 |  |   |   |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 12/31/19 |   | 2,800 |  |   | — |  |   | — |  |   | (21)(23) |
|                                                                  |   | Common Equity/Interests - Series A Units |   | N/A |   | N/A |   | 7,600,000 Shares |  |   | 1,411 |  |   | — |  |   | (13)(29) |
|                                                                  |   |   |   |   |   |   |   |   |   | 108,427 |  |   | 105,331 |  |   |   |
| Total Energy – Oil & Gas                                    |   |   | $ | 208,456 |  |   | $ | 184,090 |  |   |   |
| Food & Grocery                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bumble Bee Foods                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bumble Bee Holdings, Inc.                                             |   | First Lien Secured Debt |   | 9.87% (3M L+800, 1.00% Floor) |   | 08/15/23 |   | $ | 15,507 |  |   | $ | 15,221 |  |   | $ | 15,197 |  |   |   |
| Connors Bros Clover Leaf Seafoods Company                             |   | First Lien Secured Debt |   | 9.87% (3M L+800, 1.00% Floor) |   | 08/15/23 |   | 4,393 |  |   | 4,312 |  |   | 4,305 |  |   |   |
|                                                                  |   |   |   |   |   |   |   |   |   | 19,533 |  |   | 19,502 |  |   |   |
| Grocery Outlet, Inc.                                                  |   | Second Lien Secured Debt |   | 10.55% (3M L+825, 1.00% Floor) |   | 10/21/22 |   | 25,000 |  |   | 24,784 |  |   | 25,250 |  |   | (10) |
| Total Food & Grocery                                              |   |   | $ | 44,317 |  |   | $ | 44,752 |  |   |   |
| Healthcare & Pharmaceuticals                                      |   |   |   |   |   |   |   |   |   |   |
| Altasciences                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 9360-1367 Quebec Inc.                                                 |   | First Lien Secured Debt |   | 7.93% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | C$ | 2,418 |  |   | $ | 1,766 |  |   | $ | 1,833 |  |   | (9)(17) |
|                                                                  |   | First Lien Secured Debt |   | 8.56% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | $ | 2,899 |  |   | 2,842 |  |   | 2,834 |  |   | (9)(17) |
| Altasciences US Acquisition, Inc.                                     |   | First Lien Secured Debt |   | 8.56% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 5,235 |  |   | 5,133 |  |   | 5,117 |  |   | (9) |
|                                                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.50% Unfunded |   | 06/09/23 |   | 2,851 |  |   | (31 | ) |   | (64 | ) |   | (8)(9)(21)(23)(28) |
|                                                                  |   | First Lien Secured Debt - Revolver |   | 8.56% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 71 |  |   | 71 |  |   | 70 |  |   | (9)(23)(28) |

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|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                    |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |   |
|                                  |   | First Lien Secured Debt - Revolver |   | 8.56% (3M L+625, 1.00% Floor) |   | 06/09/23 |   | 214 |  |   | 214 |  |   | 209 |  |   | (9)(23)(28) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.25% Unfunded |   | 06/09/23 |   | 1,140 |  |   | (28 | ) |   | (27 | ) |   | (8)(9)(21)(23)(28) |
|                                  |   |   |   |   |   |   |   |   |   | 9,967 |  |   | 9,972 |  |   |   |
| Aptevo Therapeutics Inc.              |   | First Lien Secured Debt |   | 9.48% (1M L+760, 0.50% Floor) |   | 02/01/21 |   | 8,571 |  |   | 8,708 |  |   | 8,531 |  |   | (9) |
| Argon Medical Devices Holdings, Inc.  |   | Second Lien Secured Debt |   | 10.30% (3M L+800, 1.00% Floor) |   | 01/23/26 |   | 21,600 |  |   | 21,494 |  |   | 21,870 |  |   | (10) |
| Avalign Technologies, Inc.            |   | Second Lien Secured Debt |   | 10.38% (6M L+825, 1.00% Floor) |   | 09/02/24 |   | 5,500 |  |   | 5,449 |  |   | 5,483 |  |   | (10) |
| BioClinica Holding I, LP              |   | Second Lien Secured Debt |   | 9.99% (3M L+825, 1.00% Floor) |   | 10/21/24 |   | 24,612 |  |   | 24,201 |  |   | 23,874 |  |   | (10) |
| Genesis Healthcare, Inc.              |   | First Lien Secured Debt |   | 8.31% (3M L+600, 0.50% Floor) |   | 03/06/23 |   | 25,000 |  |   | 24,630 |  |   | 24,630 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 2.00% Unfunded |   | 03/06/23 |   | 9,130 |  |   | (180 | ) |   | (135 | ) |   | (8)(9)(21)(23) |
|                                  |   | First Lien Secured Debt - Revolver |   | 8.03% (3M L+600, 0.50% Floor) |   | 03/06/23 |   | 23,835 |  |   | 23,835 |  |   | 23,483 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/06/23 |   | 37,035 |  |   | (877 | ) |   | (547 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 47,408 |  |   | 47,431 |  |   |   |
| Elements Behavioral Health, Inc.      |   | Second Lien Secured Debt |   | 15.06% (3M L+1275, 1.00% Floor) |   | 02/11/20 |   | 12,353 |  |   | 11,911 |  |   | — |  |   | (13)(14) |
| Invuity, Inc.                         |   | First Lien Secured Debt |   | 8.38% (1M L+650, 1.50% Floor) |   | 03/01/22 |   | 10,000 |  |   | 9,855 |  |   | 9,750 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Revolver |   | 5.13% (1M L+325, 1.50% Floor) |   | 03/01/22 |   | 657 |  |   | 657 |  |   | 649 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/01/22 |   | 1,343 |  |   | (8 | ) |   | (17 | ) |   | (8)(9)(21)(23) |
|                                  |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 32,803 Warrants |  |   | 180 |  |   | 69 |  |   | (9)(13) |
|                                  |   |   |   |   |   |   |   |   |   | 10,684 |  |   | 10,451 |  |   |   |
| Lanai Holdings III, Inc.              |   | Second Lien Secured Debt |   | 10.29% (2M L+850, 1.00% Floor) |   | 08/28/23 |   | 17,391 |  |   | 16,991 |  |   | 16,696 |  |   | (10) |
| LSCS Holdings, Inc                    |   | Second Lien Secured Debt |   | 10.31% (3M L+825) |   | 03/16/26 |   | 20,455 |  |   | 19,995 |  |   | 20,352 |  |   |   |
|                                  |   | Second Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 03/16/26 |   | 4,545 |  |   | (102 | ) |   | (23 | ) |   | (8)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 19,893 |  |   | 20,329 |  |   |   |
| Maxor National Pharmacy Services, LLC |   | First Lien Secured Debt |   | 8.25% (3M L+600, 1.00% Floor) |   | 11/22/23 |   | 21,577 |  |   | 21,070 |  |   | 21,373 |  |   | (9) |
|                                  |   | First Lien Secured Debt - Revolver |   | 9.75% (P+500) |   | 11/22/22 |   | 195 |  |   | 195 |  |   | 193 |  |   | (9)(23) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 11/22/22 |   | 1,363 |  |   | (19 | ) |   | (12 | ) |   | (8)(9)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 21,246 |  |   | 21,554 |  |   |   |
| Oxford Immunotec, Inc.                |   | First Lien Secured Debt |   | 9.48% (1M L+760, 0.50% Floor) |   | 10/01/21 |   | 9,750 |  |   | 9,886 |  |   | 9,916 |  |   | (9)(17) |
|                                  |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 10/01/21 |   | 1,000 |  |   | (4 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                  |   |   |   |   |   |   |   |   |   | 9,882 |  |   | 9,916 |  |   |   |
| Partner Therapeutics, Inc             |   | First Lien Secured Debt |   | 8.53% (1M L+665, 1.00% Floor) |   | 01/01/23 |   | 10,000 |  |   | 9,821 |  |   | 9,846 |  |   | (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 |  |   | 104 |  |   | (9)(13) |
|                                  |   |   |   |   |   |   |   |   |   | 10,289 |  |   | 10,283 |  |   |   |

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|-------------------------------------------|
|                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                        |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |   |
| PTC Therapeutics, Inc                     |   | First Lien Secured Debt |   | 8.03% (1M L+615, 1.00% Floor) |   | 05/01/21 |   | 12,667 |  |   | 12,618 |  |   | 12,743 |  |   | (9)(17) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 05/01/21 |   | 6,333 |  |   | (24 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 12,594 |  |   | 12,743 |  |   |   |
| RiteDose Holdings I, Inc.                 |   | First Lien Secured Debt |   | 8.81% (3M L+650, 1.00% Floor) |   | 09/13/23 |   | 14,963 |  |   | 14,520 |  |   | 14,681 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Revolver |   | 8.81% (3M L+650, 1.00% Floor) |   | 09/13/22 |   | 1,067 |  |   | 1,067 |  |   | 1,048 |  |   | (9)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 09/13/22 |   | 933 |  |   | (58 | ) |   | (17 | ) |   | (8)(9)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 15,529 |  |   | 15,712 |  |   |   |
| Teladoc, Inc.                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 07/14/20 |   | 1,289 |  |   | (52 | ) |   | (1 | ) |   | (8)(17)(21)(23) |
|                                      |   | First Lien Secured Debt - Letter of Credit |   | 7.25% |   | 01/12/19 |   | 378 |  |   | — |  |   | — |  |   | (8)(17)(23) |
|                                      |   |   |   |   |   |   |   |   |   | (52 | ) |   | (1 | ) |   |   |
| Wright Medical Group, Inc.                |   | First Lien Secured Debt - Revolver |   | 6.13% (1M L+425, 0.75% Floor) |   | 12/23/21 |   | 18,333 |  |   | 18,333 |  |   | 18,333 |  |   | (9)(17)(23) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/23/21 |   | 31,667 |  |   | (373 | ) |   | — |  |   | (9)(17)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 17,960 |  |   | 18,333 |  |   |   |
| Total Healthcare & Pharmaceuticals    |   |   | $ | 264,154 |  |   | $ | 253,177 |  |   |   |
| High Tech Industries                      |   |   |   |   |   |   |   |   |   |   |   |   |
| ChyronHego Corporation                    |   | First Lien Secured Debt |   | 7.43% (3M L+643, 1.00% Floor) |   | 03/09/20 |   | $ | 35,277 |  |   | $ | 34,967 |  |   | $ | 33,866 |  |   | (18) |
| DigiCert Holdings, Inc.                   |   | Second Lien Secured Debt |   | 9.77% (3M L+800, 1.00% Floor) |   | 10/31/25 |   | 20,196 |  |   | 20,100 |  |   | 20,405 |  |   | (10) |
| LabVantage Solutions                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LabVantage Solutions Inc.                 |   | First Lien Secured Debt |   | 9.38% (1M L+750, 1.00% Floor) |   | 12/29/20 |   | 13,688 |  |   | 13,441 |  |   | 13,551 |  |   |   |
| LabVantage Solutions Limited              |   | First Lien Secured Debt |   | 8.50% (1M E+750, 1.00% Floor) |   | 12/29/20 |   | € | 12,539 |  |   | 13,246 |  |   | 15,267 |  |   | (17) |
|                                      |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/29/20 |   | € | 3,435 |  |   | (63 | ) |   | (42 | ) |   | (8)(17)(21)(23) |
|                                      |   |   |   |   |   |   |   |   |   | 26,624 |  |   | 28,776 |  |   |   |
| Omnitracs, LLC                            |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 03/23/23 |   | 3,750 |  |   | (336 | ) |   | (338 | ) |   | (8)(21)(23) |
| Smokey Merger Sub, Inc.                   |   | Second Lien Secured Debt |   | 10.44% (3M L+850, 1.00% Floor) |   | 05/24/24 |   | 30,000 |  |   | 29,208 |  |   | 29,250 |  |   | (9) |
| Telestream Holdings Corporation           |   | First Lien Secured Debt |   | 7.61% (6M L+645, 1.00% Floor) |   | 03/24/22 |   | 36,748 |  |   | 36,446 |  |   | 36,014 |  |   | (18) |
| Tibco Software Inc.                       |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 12/05/19 |   | 6,000 |  |   | (20 | ) |   | (840 | ) |   | (8)(21)(23) |
| ZPower, LLC                               |   | First Lien Secured Debt |   | 9.63% (1M L+775, 1.00% Floor) |   | 07/01/22 |   | 6,667 |  |   | 6,607 |  |   | 6,593 |  |   | (9) |
|                                      |   | First Lien Secured Debt - Unfunded Delayed Draw |   | 0.00% Unfunded |   | 07/01/22 |   | 1,667 |  |   | 71 |  |   | (18 | ) |   | (8)(9)(21)(23) |
|                                      |   | Common Equity/Interests - Warrants |   | N/A |   | N/A |   | 29,630 Warrants |  |   | 48 |  |   | 78 |  |   | (9)(13) |
|                                      |   |   |   |   |   |   |   |   |   | 6,726 |  |   | 6,653 |  |   |   |
| Total High Tech Industries                |   |   | $ | 153,715 |  |   | $ | 153,786 |  |   |   |
| Hotel, Gaming, Leisure, Restaurants       |   |   |   |   |   |   |   |   |   |   |
| GFRC Holdings LLC                         |   | First Lien Secured Debt |   | 9.77% (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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|--------------------------------------------------|
|                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                               |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |   |
| Insurance                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Alliant Holdings Intermediate, LLC               |   | First Lien Secured Debt - Revolver |   | 7.25% (P+250) |   | 08/14/20 |   | $ | 3,375 |  |   | $ | 3,375 |  |   | $ | 3,278 |  |   | (23) |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 08/14/20 |   | 11,438 |  |   | (810 | ) |   | (327 | ) |   | (8)(21)(23) |
|                                             |   | First Lien Secured Debt - Letter of Credit |   | 3.375% |   | 04/23/18 |   | 37 |  |   | — |  |   | (1 | ) |   | (8)(23) |
|                                             |   | First Lien Secured Debt - Letter of Credit |   | 3.375% |   | 05/04/18 |   | 8 |  |   | — |  |   | — |  |   | (8)(23) |
|                                             |   | First Lien Secured Debt - Letter of Credit |   | 3.375% |   | 07/30/18 |   | 97 |  |   | — |  |   | (2 | ) |   | (8)(23) |
|                                             |   | First Lien Secured Debt - Letter of Credit |   | 3.375% |   | 11/30/18 |   | 37 |  |   | — |  |   | (1 | ) |   | (8)(23) |
|                                             |   | First Lien Secured Debt - Letter of Credit |   | 3.375% |   | 05/31/19 |   | 8 |  |   | — |  |   | — |  |   | (8)(23) |
|                                             |   |   |   |   |   |   |   |   |   | 2,565 |  |   | 2,947 |  |   |   |
| Confie Seguros Holding II Co.                    |   | Second Lien Secured Debt |   | 11.48% (3M L+950, 1.25% Floor) |   | 05/08/19 |   | 21,844 |  |   | 21,807 |  |   | 21,216 |  |   | (10) |
| Total Insurance                                  |   |   | $ | 24,372 |  |   | $ | 24,163 |  |   |   |
| Manufacturing, Capital Equipment                 |   |   |   |   |   |   |   |   |   |   |
| MedPlast Holdings Inc.                           |   | Second Lien Secured Debt |   | 10.43% (2M L+875, 1.00% Floor) |   | 06/06/23 |   | $ | 8,000 |  |   | $ | 7,832 |  |   | $ | 7,740 |  |   |   |
| Power Products, LLC                              |   | Second Lien Secured Debt |   | 10.74% (3M L+900, 1.00% Floor) |   | 12/20/23 |   | 32,500 |  |   | 31,568 |  |   | 32,226 |  |   | (9) |
| Total Manufacturing, Capital Equipment           |   |   | $ | 39,400 |  |   | $ | 39,966 |  |   |   |
| Media – Diversified & Production       |   |   |   |   |   |   |   |   |   |   |
| SESAC Holdco II LLC                              |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 02/23/22 |   | $ | 587 |  |   | $ | (41 | ) |   | $ | (44 | ) |   | (8)(21)(23) |
|                                             |   | Second Lien Secured Debt |   | 9.13% (1M L+725, 1.00% Floor) |   | 02/24/25 |   | 3,241 |  |   | 3,213 |  |   | 3,233 |  |   | (10) |
| Total Media – Diversified & Production |   |   | $ | 3,172 |  |   | $ | 3,189 |  |   |   |
| Metals & Mining                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Magnetation, LLC                                 |   | First Lien Secured Debt |   | 10.31% (3M L+800 Cash (PIK Toggle)) |   | 12/31/19 |   | $ | 1,352 |  |   | $ | 1,273 |  |   | $ | 451 |  |   | (13)(14) |
| Total Metals & Mining                        |   |   | $ | 1,273 |  |   | $ | 451 |  |   |   |
| Telecommunications                               |   |   |   |   |   |   |
| Securus Technologies Holdings, Inc.              |   | Second Lien Secured Debt |   | 10.13% (1M L+825, 1.00% Floor) |   | 11/01/25 |   | $ | 12,878 |  |   | $ | 12,755 |  |   | $ | 13,051 |  |   | (10) |
| UniTek Global Services Inc.                      |   | First Lien Secured Debt |   | 10.81% (3M L+850, 1.00% Floor) |   | 01/13/19 |   | 32,367 |  |   | 32,367 |  |   | 33,014 |  |   |   |
|                                             |   | First Lien Secured Debt |   | 10.81% (3M L+750 Cash plus 1.00% PIK, 1.00% Floor) |   | 01/13/19 |   | 1,951 |  |   | 1,951 |  |   | 1,951 |  |   |   |
|                                             |   | First Lien Secured Debt - Unfunded Revolver |   | 0.50% Unfunded |   | 01/13/19 |   | 5,000 |  |   | — |  |   | — |  |   | (21)(23) |
|                                             |   | First Lien Secured Debt - Letter of Credit |   | 7.50% |   | 01/13/19 |   | 5,857 |  |   | — |  |   | — |  |   | (23) |
|                                             |   | Unsecured Debt |   | 15.00% PIK |   | 07/13/19 |   | 9,918 |  |   | 9,918 |  |   | 10,117 |  |   |   |
|                                             |   |   |   |   |   |   |   |   |   | 44,236 |  |   | 45,082 |  |   |   |
| Wave Holdco Merger Sub, Inc.                     |   | Second Lien Secured Debt |   | 11.13% (1M L+925, 1.00% Floor) |   | 05/27/23 |   | 10,000 |  |   | 9,810 |  |   | 9,890 |  |   |   |
| Total Telecommunications                         |   |   | $ | 66,801 |  |   | $ | 68,023 |  |   |   |
| Transportation – Cargo, Distribution       |   |   |   |   |   |   |   |   |   |   |
| American Tire                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Accelerate Parent Corp.                          |   | Common Equity/Interests - Common Stock |   | N/A |   | N/A |   | 1,664,046 Shares |  |   | $ | 1,715 |  |   | $ | 2,310 |  |   | (13) |

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|                                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industry / Company                                                   |   | Investment Type |   | Interest Rate (20) |   | MaturityDate |   |  Par / Shares (12) |   |  Cost (30) |   |  FairValue     (1) (31) |   |   |
| American Tire Distributors, Inc.                                     |   | Unsecured Debt |   | 10.25% |   | 03/01/22 |   | $ | 12,741 |  |   | 12,798 |  |   | 13,049 |  |   | (10)(11) |
|                                                                 |   |   |   |   |   |   |   |   |   | 14,513 |  |   | 15,359 |  |   |   |
| Dynamic Product Tankers, LLC (5)                                     |   | First Lien Secured Debt |   | 9.30% (3M L+700) |   | 06/30/23 |   | 42,000 |  |   | 41,790 |  |   | 42,000 |  |   | (17) |
|                                                                 |   | First Lien Secured Debt - Letter of Credit |   | 2.25% |   | 09/20/18 |   | 2,250 |  |   | — |  |   | — |  |   | (17)(23) |
|                                                                 |   | First Lien Secured Debt - Letter of Credit |   | 2.25% |   | 01/31/21 |   | 500 |  |   | — |  |   | — |  |   | (17)(23) |
|                                                                 |   | Common Equity/Interests - Class A Units |   | N/A |   | N/A |   | N/A |  |   | 48,106 |  |   | 41,479 |  |   | (17)(24) |
|                                                                 |   |   |   |   |   |   |   |   |   | 89,896 |  |   | 83,479 |  |   |   |
| MSEA Tankers LLC (5)                                                 |   | Common Equity/Interests - Class A Units |   | N/A |   | N/A |   | N/A |  |   | 74,450 |  |   | 72,256 |  |   | (17)(25) |
| PT Intermediate Holdings III, LLC                                    |   | Second Lien Secured Debt |   | 10.30% (3M L+800, 1.00% Floor) |   | 12/08/25 |   | 9,375 |  |   | 9,284 |  |   | 9,516 |  |   |   |
| Total Transportation – Cargo, Distribution                     |   |   | $ | 188,143 |  |   | $ | 180,610 |  |   |   |
| Utilities – Electric                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Repackaging Trust Six B.V.                                     |   | Structured Products and Other |   | 12.81% |   | 05/18/27 |   | $ | 58,411 |  |   | $ | 26,030 |  |   | $ | 28,860 |  |   | (11)(17)(19) |
| Total Utilities – Electric                                     |   |   | $ | 26,030 |  |   | $ | 28,860 |  |   |   |
| Total Investments before Cash Equivalents and Option Contracts       |   |   |   | $ | 2,268,596 |  |   | $ | 2,248,047 |  |   |   |
| J.P. Morgan U.S. Government Money Market Fund                        |   | N/A |   | N/A |   | N/A |   | $ | 14,035 |  |   | $ | 14,035 |  |   | $ | 14,035 |  |   | (22) |
| Total Investments after Cash Equivalents and before Option Contracts |   |   |   | $ | 2,282,631 |  |   | $ | 2,262,082 |  |   |   |

|                                                               |
|---------------------------------------------------------------|
|                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Counterparty                                                  |   | Instrument |   | Exercise Price |   | Maturity Date |   | Number of Contracts |   | Notional Amount (27) |   | Cost (Proceeds) |   | Fair Value (1) |   |   |
| Purchased Put Options                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CME Group                                                     |   | WTI Crude Oil Put Options |   | $ | 45.00 |  |   | 4/30/18 - 4/30/19 |   | 2,750 |  |   | $ | 123,750 |  |   | $ | 5,758 |  |   | $ | 1,226 |  |   | (10) |
| Total Purchased Put Options                                   |   |   |   |   |   |   |   |   |   | $ | 5,758 |  |   | $ | 1,226 |  |   | (16) |
| Written Call Options                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CME Group                                                     |   | WTI Crude Oil Call Options |   | $ | 54.30 |  |   | 4/30/18 - 3/29/19 |   | 660 |  |   | $ | (35,838 | ) |   | $ | (1,713 | ) |   | $ | (6,388 | ) |   | (10) |
| CME Group                                                     |   | WTI Crude Oil Call Options |   | 55.00 |  |   | 4/30/18 - 3/29/19 |   | 660 |  |   | (36,300 | ) |   | (1,647 | ) |   | (6,021 | ) |   | (10) |
| CME Group                                                     |   | WTI Crude Oil Call Options |   | 57.50 |  |   | 4/30/18 - 4/30/19 |   | 715 |  |   | (41,113 | ) |   | (1,499 | ) |   | (5,150 | ) |   | (10) |
| CME Group                                                     |   | WTI Crude Oil Call Options |   | 62.75 |  |   | 4/30/18 - 4/30/19 |   | 715 |  |   | (44,866 | ) |   | (877 | ) |   | (2,791 | ) |   | (10) |
| Total Written Call Options                                    |   |   |   |   |   |   |   | $ | (5,736 | ) |   | $ | (20,350 | ) |   | (16) |
| Total Investments after Cash Equivalents and Option Contracts |   |   |   | $ | 2,282,653 |  |   | $ | 2,242,958 |  |   | (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 March 31, 2018, 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, 2017 and March 31, 2018 along with transactions during the year ended March 31, 2018 in these affiliated investments are as follows: |

|                                                                              |
|------------------------------------------------------------------------------|
|                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name of Issuer                                                               | Fair Value at March 31, 2017 | Gross Additions ● | Gross Reductions ■ | Net Change in Unrealized Gains (Losses) | Fair Value at March 31, 2018 | Net Realized Gains (Losses) | Interest/Dividend/Other Income |
| AIC SPV Holdings I, LLC, Membership Interests                                | $ | 24,285 |  | $ | 35 |  | $ | (69,074 | ) | $ | 44,754 |  | $ | — |  | $ | (43,284 | ) | $ | 114 |  |
| AIC SPV Holdings II, LLC, Preferred Stock                                    | — |  | 534 |  | — |  | 391 |  | 925 |  | — |  | — |  |
| AMP Solar Group, Inc., Class A Common Unit                                   | 4,687 |  | — |  | — |  | 364 |  | 5,051 |  | — |  | — |  |
| Golden Bear 2016-R, LLC, Membership Interests                                | 17,066 |  | 47 |  | — |  | (2,966 | ) | 14,147 |  | — |  | — |  |
| Ivy Hill Middle Market Credit Fund IX, Ltd., Subordinated Notes              | 9,537 |  | — |  | (9,159 | ) | (378 | ) | — |  | 1,954 |  | 1,008 |  |
| Ivy Hill Middle Market Credit Fund X, Ltd., Subordinated Notes               | 10,841 |  | — |  | (11,078 | ) | 237 |  | — |  | (238 | ) | 905 |  |
| LVI Group Investments, LLC, Common Units                                     | — |  | — |  | (17,505 | ) | 17,505 |  | — |  | (17,505 | ) | (306 | ) |
| MCF CLO I, LLC, Membership Interests                                         | — |  | — |  | — |  | — |  | — |  | (19 | ) | 120 |  |
| MCF CLO III, LLC, Membership Interests                                       | — |  | — |  | — |  | — |  | — |  | (19 | ) | 427 |  |
| Pelican Energy, LLC, First Lien Term Loan                                    | 15,417 |  | — |  | (26,665 | ) | 11,248 |  | — |  | — |  | — |  |
| Pelican Energy, LLC, Membership Interests                                    | — |  | 26,664 |  | (3,322 | ) | (10,396 | ) | 12,946 |  | — |  | — |  |
| Renew Financial LLC (f/k/a Renewable Funding, LLC), Series B Preferred Stock | 19,383 |  | — |  | — |  | (348 | ) | 19,035 |  | — |  | — |  |
| Renew Financial LLC (f/k/a Renewable Funding, LLC), Series D Preferred Stock | 6,254 |  | — |  | — |  | 422 |  | 6,676 |  | — |  | — |  |
| Renew JV LLC, Membership Interests                                           | 4,701 |  | 10,062 |  | (9,282 | ) | (1,370 | ) | 4,111 |  | 7,831 |  | 67 |  |
| Solarplicity Group Limited, First Lien Term Loan                             | 119,426 |  | 5,064 |  | (145,851 | ) | 27,424 |  | 6,063 |  | (24,885 | ) | 7,554 |  |
| Solarplicity Group Limited, Class B Common Shares                            | — |  | — |  | (2,472 | ) | 2,472 |  | — |  | (2,472 | ) | — |  |
| Solarplicity UK Holdings Limited, First Lien Term Loan                       | — |  | 7,637 |  | (7,778 | ) | 141 |  | — |  | — |  | 21 |  |
| Solarplicity UK Holdings Limited, Unsecured Debt                             | 2,501 |  | 223 |  | (2,721 | ) | (3 | ) | — |  | 246 |  | 204 |  |
| Solarplicity UK Holdings Limited, Ordinary Shares                            | 4,952 |  | — |  | (928 | ) | (4,024 | ) | — |  | — |  | — |  |
| Solarplicity UK Holdings Limited, Preferred Stock                            | — |  | 5,832 |  | (5,008 | ) | (824 | ) | — |  | — |  | — |  |
| Venoco, Inc., Unsecured Debt                                                 | — |  | — |  | (338 | ) | 338 |  | — |  | (338 | ) | — |  |
| Venoco, Inc., LLC Units                                                      | — |  | — |  | (40,517 | ) | 40,517 |  | — |  | (40,517 | ) | — |  |
| Venoco, Inc., Series A Warrants                                              | — |  | — |  | (48,170 | ) | 48,170 |  | — |  | (48,170 | ) | — |  |
|                                                                         | $ | 239,050 |  | $ | 56,098 |  | $ | (399,868 | ) | $ | 173,674 |  | $ | 68,954 |  | $ | (167,416 | ) | $ | 10,114 |  |

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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, 2017 and March 31, 2018 along with transactions during the year ended March 31, 2018 in these controlled investments are as follows: |

|                                                                                          |
|------------------------------------------------------------------------------------------|
|                                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name of Issuer                                                                           | Fair Value at March 31, 2017 | Gross Additions ● | Gross Reductions ■ | Net Change in Unrealized Losses | Fair Value at March 31, 2018 | Net Realized Losses | Interest/Dividend/Other Income |
| Dynamic Product Tankers, LLC, First Lien Term Loan                                       | $ | — |  | $ | 41,790 |  | $ | — |  | $ | 210 |  | $ | 42,000 |  | $ | — |  | $ | 1 |  |
| Dynamic Product Tankers, LLC, Letters of Credit                                          | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| Dynamic Product Tankers, LLC, Class A Units                                              | 42,644 |  | — |  | — |  | (1,165 | ) | 41,479 |  | — |  | — |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), First Lien Term Loan  | 10,000 |  | 5,000 |  | — |  | — |  | 15,000 |  | — |  | 1,133 |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), Second Lien Term Loan | 27,617 |  | 2,893 |  | — |  | — |  | 30,510 |  | — |  | 2,885 |  |
| Glacier Oil & Gas Corp. (f/k/a Miller Energy Resources, Inc.), Common Stock          | 18,862 |  | — |  | — |  | 1,441 |  | 20,303 |  | — |  | — |  |
| Merx Aviation Finance Assets Ireland Limited, Letters of Credit                          | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| Merx Aviation Finance, LLC, Letter of Credit                                             | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| Merx Aviation Finance, LLC, Revolver                                                     | 374,084 |  | 139,700 |  | (153,984 | ) | — |  | 359,800 |  | — |  | 49,244 |  |
| Merx Aviation Finance, LLC, Membership Interests                                         | 48,811 |  | — |  | (4,205 | ) | (2,225 | ) | 42,381 |  | — |  | 12,350 |  |
| MSEA Tankers LLC, Class A Units                                                          | 72,797 |  | — |  | — |  | (541 | ) | 72,256 |  | — |  | 4,803 |  |
| SHD Oil & Gas, LLC, Tranche A Note                                                   | 40,891 |  | 2,545 |  | — |  | 1,303 |  | 44,739 |  | — |  | 5,924 |  |
| SHD Oil & Gas, LLC, Tranche B Note                                                   | 32,793 |  | — |  | — |  | 8,023 |  | 40,816 |  | — |  | — |  |
| SHD Oil & Gas, LLC, Tranche C Note                                                   | 6,750 |  | 12,450 |  | — |  | 576 |  | 19,776 |  | — |  | 2,033 |  |
| SHD Oil & Gas, LLC, Unfunded Tranche C Note                                          | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
| SHD Oil & Gas, LLC, Series A Units                                                   | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
|                                                                                     | $ | 675,249 |  | $ | 204,378 |  | $ | (158,189 | ) | $ | 7,622 |  | $ | 729,060 |  | $ | — |  | $ | 78,373 |  |

|       |                                                                                                                                                                                                                                                                                                                                          |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | As of March 31, 2018, 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 $143,712 and $138,978, respectively. Net unrealized gain is $4,734 based on a tax cost of $2,238,224. |

|     |                                                                                                                                                                                                                                                                                              |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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”). |

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|      |                                                                                                                                                                                                                            |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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 (“£”), and Canadian Dollar (“C$”). |

|      |                                |
|------|--------------------------------|
| (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 has a 14.25% ownership interest in the residual tranche. |

|      |                                                                                                                                                                                                                                                                                                                                                               |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (16) | Refer to Note 7 to the financial statements for details of the Offsetting Assets and Liabilities. On the Statement of Assets and Liabilities, the fair value of purchased put options and written call options that are settled-to-market are offset against the cash collateral posted with the clearing house as variation margin amounting to $20,970. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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, 2018, non-qualifying assets represented approximately 15.13% 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, 2018, rates for 1M L, 2M L, 3M L, 6M L, 1M E, 3M E, and Prime are 1.88%, 2.00%, 2.31%, 2.45%, (0.41%), (0.37%) and 4.75%, 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, 2018, 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 |
| Access CIG, LLC                              | $ | 3,765 |  | $ | — |  | $ | — |  | $ | 3,765 |  |
| Aero Operating LLC                           | 4,812 |  | 2,486 |  | — |  | 2,326 |  |
| Alliant Holdings Intermediate, LLC           | 15,000 |  | 3,375 |  | 187 |  | 11,438 |  |
| Altasciences US Acquisition, Inc.            | 4,276 |  | 285 |  | — |  | 3,991 |  |
| American Media, Inc.                         | 1,778 |  | 948 |  | 84 |  | 746 |  |
| Carbonfree Caustic SPE LLC                   | 6,111 |  | — |  | — |  | 6,111 |  |
| Dynamic Product Tankers, LLC                 | 2,750 |  | — |  | 2,750 |  | — |  |
| Erickson Inc                                 | 45,000 |  | 21,140 |  | 7,659 |  | 16,201 |  |
| Genesis Healthcare, Inc.                     | 70,000 |  | 23,835 |  | — |  | 46,165 |  |
| Invuity, Inc.                                | 2,000 |  | 657 |  | — |  | 1,343 |  |
| LabVantage Solutions Limited*                | 4,225 |  | — |  | — |  | 4,225 |  |
| LSCS Holdings, Inc                           | 4,545 |  | — |  | — |  | 4,545 |  |
| Maxor National Pharmacy Services, LLC        | 1,558 |  | 195 |  | — |  | 1,363 |  |
| Merx Aviation Finance Assets Ireland Limited | 3,600 |  | — |  | 3,600 |  | — |  |
| Merx Aviation Finance, LLC                   | 177 |  | — |  | 177 |  | — |  |
| Newscycle Solutions, Inc.                    | 500 |  | — |  | — |  | 500 |  |
| Omnitracs, LLC                               | 3,750 |  | — |  | — |  | 3,750 |  |
| Oxford Immunotec, Inc.                       | 1,000 |  | — |  | — |  | 1,000 |  |
| PSI Services, LLC*                           | 462 |  | 238 |  | — |  | 224 |  |
| PTC Therapeutics, Inc                        | 6,333 |  | — |  | — |  | 6,333 |  |
| Purchasing Power, LLC                        | 4,500 |  | 3,068 |  | — |  | 1,432 |  |
| RA Outdoors, LLC                             | 1,200 |  | — |  | — |  | 1,200 |  |
| RiteDose Holdings I, Inc.                    | 2,000 |  | 1,067 |  | — |  | 933 |  |
| SESAC Holdco II LLC                          | 587 |  | — |  | — |  | 587 |  |
| SHD Oil & Gas, LLC                       | 2,800 |  | — |  | — |  | 2,800 |  |
| Simplifi Holdings, Inc.                      | 2,400 |  | — |  | — |  | 2,400 |  |
| Teladoc, Inc.                                | 1,667 |  | — |  | 378 |  | 1,289 |  |
| Ten-X, LLC                                   | 4,680 |  | 520 |  | — |  | 4,160 |  |
| Tibco Software Inc.                          | 6,000 |  | — |  | — |  | 6,000 |  |
| TricorBraun Holdings, Inc.                   | 5,625 |  | 1,560 |  | — |  | 4,065 |  |
| UniTek Global Services Inc.                  | 10,857 |  | — |  | 5,857 |  | 5,000 |  |
| Wright Medical Group, Inc.                   | 50,000 |  | 18,333 |  | — |  | 31,667 |  |
| ZPower, LLC                                  | 1,667 |  | — |  | — |  | 1,667 |  |
| Total Commitments                            | $ | 275,625 |  | $ | 77,707 |  | $ | 20,692 |  | $ | 177,226 |  |

|      |                                                                                                                                                                                                                                                                                                                                                                          |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (24) | As of March 31, 2018, 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 March 31, 2018, 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. |

|      |                                                                                                                        |
|------|------------------------------------------------------------------------------------------------------------------------|
| (27) | The notional value represents the number of contracts open multiplied by the exercise price as of March 31, 2018. |

|      |                                                                                                                                                                                                                                                                                |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (28) | 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. |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (29) | 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. |

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|      |                                                                                                                                                              |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (30) | The following shows the composition of the Company’s portfolio at cost by control designation, investment type and industry as of March 31, 2018: |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 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                         | $ | 26,259 |  | $ | 7,473 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 33,732 |  |
| Aerospace & Defense                                        | 20,682 |  | 46,988 |  | — |  | — |  | — |  | — |  | — |  | 67,670 |  |
| Automotive                                                     | 14,565 |  | 26,550 |  | — |  | — |  | — |  | — |  | — |  | 41,115 |  |
| Business Services                                              | 109,729 |  | 218,112 |  | 80,000 |  | — |  | — |  | 4,500 |  | — |  | 412,341 |  |
| Chemicals, Plastics & Rubber                               | 59,305 |  | 14,423 |  | — |  | — |  | — |  | — |  | — |  | 73,728 |  |
| Consumer Goods – Durable                                 | 14,572 |  | 24,649 |  | — |  | — |  | — |  | — |  | — |  | 39,221 |  |
| Consumer Goods – Non-Durable                             | — |  | 25,043 |  | — |  | — |  | — |  | — |  | — |  | 25,043 |  |
| Consumer Services                                              | — |  | 24,628 |  | — |  | — |  | — |  | — |  | — |  | 24,628 |  |
| Containers, Packaging & Glass                              | 1,189 |  | 18,107 |  | — |  | — |  | — |  | — |  | — |  | 19,296 |  |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 3,156 |  | 12,867 |  | — |  | 25,691 |  | — |  | — |  | — |  | 41,714 |  |
| Energy – Electricity                                     | 37,637 |  | — |  | — |  | — |  | 5,832 |  | 4 |  | — |  | 43,473 |  |
| Food & Grocery                                             | 19,533 |  | 24,784 |  | — |  | — |  | — |  | — |  | — |  | 44,317 |  |
| Healthcare & Pharmaceuticals                               | 163,567 |  | 99,939 |  | — |  | — |  | 333 |  | — |  | 315 |  | 264,154 |  |
| High Tech Industries                                           | 104,359 |  | 49,308 |  | — |  | — |  | — |  | — |  | 48 |  | 153,715 |  |
| Hotel, Gaming, Leisure, Restaurants                            | 2,500 |  | — |  | — |  | — |  | — |  | — |  | — |  | 2,500 |  |
| Insurance                                                      | 2,565 |  | 21,807 |  | — |  | — |  | — |  | — |  | — |  | 24,372 |  |
| Manufacturing, Capital Equipment                               | — |  | 39,400 |  | — |  | — |  | — |  | — |  | — |  | 39,400 |  |
| Media – Diversified & Production                     | (41 | ) | 3,213 |  | — |  | — |  | — |  | — |  | — |  | 3,172 |  |
| Metals & Mining                                            | 1,273 |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,273 |  |
| Telecommunications                                             | 34,318 |  | 22,565 |  | 9,918 |  | — |  | — |  | — |  | — |  | 66,801 |  |
| Transportation – Cargo, Distribution                     | — |  | 9,284 |  | 12,798 |  | — |  | — |  | 1,715 |  | — |  | 23,797 |  |
| Utilities – Electric                                     | — |  | — |  | — |  | 26,030 |  | — |  | — |  | — |  | 26,030 |  |
| Total Non-Controlled / Non-Affiliated Investments              | $ | 615,168 |  | $ | 689,140 |  | $ | 102,716 |  | $ | 51,721 |  | $ | 6,165 |  | $ | 6,219 |  | $ | 363 |  | $ | 1,471,492 |  |
| Non-Controlled / Affiliated Investments                        |   |   |   |   |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | $ | — |  | $ | — |  | $ | — |  | $ | 16,506 |  | $ | — |  | $ | — |  | $ | — |  | $ | 16,506 |  |
| Energy – Electricity                                     | 5,811 |  | — |  | — |  | — |  | 13,911 |  | 13,274 |  | — |  | 32,996 |  |
| Energy – Oil & Gas                                   | — |  | — |  | — |  | — |  | — |  | 24,441 |  | — |  | 24,441 |  |
| Total Non-Controlled / Affiliated Investments                  | $ | 5,811 |  | $ | — |  | $ | — |  | $ | 16,506 |  | $ | 13,911 |  | $ | 37,715 |  | $ | — |  | $ | 73,943 |  |
| Controlled Investments                                         |   |   |   |   |   |   |   |   |
| Aviation and Consumer Transport                                | $ | 359,800 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 15,000 |  | $ | — |  | $ | 374,800 |  |
| Energy – Oil & Gas                                   | 122,016 |  | 30,510 |  | — |  | — |  | — |  | 31,489 |  | — |  | 184,015 |  |
| Transportation – Cargo, Distribution                     | 41,790 |  | — |  | — |  | — |  | — |  | 122,556 |  | — |  | 164,346 |  |
| Total Controlled Investments                                   | $ | 523,606 |  | $ | 30,510 |  | $ | — |  | $ | — |  | $ | — |  | $ | 169,045 |  | $ | — |  | $ | 723,161 |  |
| Total                                                          | $ | 1,144,585 |  | $ | 719,650 |  | $ | 102,716 |  | $ | 68,227 |  | $ | 20,076 |  | $ | 212,979 |  | $ | 363 |  | $ | 2,268,596 |  |

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|      |                                                                                                                                                                         |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (31) | The following shows the composition of the Company’s portfolio at fair value by control designation, investment type and industry as of March 31, 2018: |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 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                         | $ | 26,879 |  | $ | 7,611 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 34,490 |  | 2.4 | % |
| Aerospace & Defense                                        | 20,466 |  | 47,893 |  | — |  | — |  | — |  | — |  | — |  | 68,359 |  | 4.8 | % |
| Automotive                                                     | 14,550 |  | 26,325 |  | — |  | — |  | — |  | — |  | — |  | 40,875 |  | 2.9 | % |
| Business Services                                              | 108,839 |  | 219,271 |  | 80,000 |  |  |  | — |  | 4,500 |  | — |  | 412,610 |  | 29.1 | % |
| Chemicals, Plastics & Rubber                               | 47,170 |  | 16,360 |  | — |  | — |  | — |  | — |  | — |  | 63,530 |  | 4.5 | % |
| Consumer Goods – Durable                                 | 14,564 |  | 24,647 |  | — |  | — |  | — |  | 466 |  | — |  | 39,677 |  | 2.8 | % |
| Consumer Goods – Non-Durable                             | — |  | 25,476 |  | — |  | — |  | — |  | — |  | — |  | 25,476 |  | 1.8 | % |
| Consumer Services                                              | — |  | 24,623 |  | — |  | — |  | — |  | — |  | — |  | 24,623 |  | 1.8 | % |
| Containers, Packaging & Glass                              | 1,561 |  | 10,159 |  | — |  | — |  | — |  | — |  | — |  | 11,720 |  | 0.8 | % |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 3,149 |  | 13,107 |  | — |  | 24,960 |  | — |  | — |  | — |  | 41,216 |  | 2.9 | % |
| Energy – Electricity                                     | 37,778 |  | — |  | — |  | — |  | 5,008 |  | 929 |  | — |  | 43,715 |  | 3.1 | % |
| Food & Grocery                                             | 19,502 |  | 25,250 |  | — |  | — |  | — |  | — |  | — |  | 44,752 |  | 3.2 | % |
| Healthcare & Pharmaceuticals                               | 164,419 |  | 88,252 |  | — |  | — |  | 333 |  | — |  | 173 |  | 253,177 |  | 17.9 | % |
| High Tech Industries                                           | 104,053 |  | 49,655 |  | — |  | — |  | — |  | — |  | 78 |  | 153,786 |  | 10.8 | % |
| Hotel, Gaming, Leisure, Restaurants                            | 2,500 |  | — |  | — |  | — |  | — |  | — |  | — |  | 2,500 |  | 0.2 | % |
| Insurance                                                      | 2,947 |  | 21,216 |  | — |  | — |  | — |  | — |  | — |  | 24,163 |  | 1.7 | % |
| Manufacturing, Capital Equipment                               | — |  | 39,966 |  | — |  | — |  | — |  | — |  | — |  | 39,966 |  | 2.8 | % |
| Media – Diversified & Production                     | (44 | ) | 3,233 |  | — |  | — |  | — |  | — |  | — |  | 3,189 |  | 0.2 | % |
| Metals & Mining                                            | 451 |  | — |  | — |  | — |  | — |  | — |  | — |  | 451 |  | 0% |  |
| Telecommunications                                             | 34,965 |  | 22,941 |  | 10,117 |  | — |  | — |  | — |  | — |  | 68,023 |  | 4.8 | % |
| Transportation – Cargo, Distribution                     | — |  | 9,516 |  | 13,049 |  | — |  | — |  | 2,310 |  | — |  | 24,875 |  | 1.8 | % |
| Utilities – Electric                                     | — |  | — |  | — |  | 28,860 |  | — |  | — |  | — |  | 28,860 |  | 2.0 | % |
| Total Non-Controlled / Non-Affiliated Investments              | $ | 603,749 |  | $ | 675,501 |  | $ | 103,166 |  | $ | 53,820 |  | $ | 5,341 |  | $ | 8,205 |  | $ | 251 |  | $ | 1,450,033 |  | 102.3 | % |
| % of Net Assets                                                | 42.6 | % | 47.6 | % | 7.3 | % | 3.8 | % | 0.4 | % | 0.6 | % | 0% |  | 102.3 | % |   |
| Non-Controlled / Affiliated Investments                        |   |   |   |   |   |   |   |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | $ | — |  | $ | — |  | $ | — |  | $ | 14,147 |  | $ | — |  | $ | — |  | $ | — |  | $ | 14,147 |  | 1.0 | % |
| Energy – Electricity                                     | 6,063 |  | — |  | — |  | — |  | 25,711 |  | 10,087 |  | — |  | 41,861 |  | 3.0 | % |
| Energy – Oil & Gas                                   | — |  | — |  | — |  | — |  | — |  | 12,946 |  | — |  | 12,946 |  | 0.9 | % |
| Total Non-Controlled / Affiliated Investments                  | $ | 6,063 |  | $ | — |  | $ | — |  | $ | 14,147 |  | $ | 25,711 |  | $ | 23,033 |  | $ | — |  | $ | 68,954 |  | 4.9 | % |
| % of Net Assets                                                | 0.4 | % | — | % | — | % | 1.0 | % | 1.8 | % | 1.7 | % | — | % | 4.9 | % |   |
| Controlled Investments                                         |   |   |   |   |   |   |   |
| Aviation and Consumer Transport                                | $ | 359,800 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 42,381 |  | $ | — |  | $ | 402,181 |  | 28.3 | % |
| Energy – Oil & Gas                                   | 120,331 |  | 30,510 |  | — |  | — |  | — |  | 20,303 |  | — |  | 171,144 |  | 12.1 | % |
| Transportation – Cargo, Distribution                     | 42,000 |  | — |  | — |  | — |  | — |  | 113,735 |  | — |  | 155,735 |  | 11.0 | % |
| Total Controlled Investments                                   | $ | 522,131 |  | $ | 30,510 |  | $ | — |  | $ | — |  | $ | — |  | $ | 176,419 |  | $ | — |  | $ | 729,060 |  | 51.4 | % |
| % of Net Assets                                                | 36.8 | % | 2.2 | % | — | % | — | % | — | % | 12.4 | % | — | % | 51.4 | % |   |
| Total                                                          | $ | 1,131,943 |  | $ | 706,011 |  | $ | 103,166 |  | $ | 67,967 |  | $ | 31,052 |  | $ | 207,657 |  | $ | 251 |  | $ | 2,248,047 |  | 158.6 | % |
| % of Net Assets                                                | 79.8 | % | 49.8 | % | 7.3 | % | 4.8 | % | 2.2 | % | 14.7 | % | 0% |  | 158.6 | % |   |

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|                                                                |
|----------------------------------------------------------------|
|                                                                |  |
| Industry Classification                                        | Percentage of Total Investments (at Fair Value) as of March 31, 2018 |
| Business Services                                              | 18.4% |
| Aviation and Consumer Transport                                | 17.9% |
| Healthcare & Pharmaceuticals                               | 11.3% |
| Energy – Oil & Gas                                   | 8.2% |
| Transportation – Cargo, Distribution                     | 8.0% |
| High Tech Industries                                           | 6.9% |
| Energy – Electricity                                     | 3.8% |
| Aerospace & Defense                                        | 3.0% |
| Telecommunications                                             | 3.0% |
| Chemicals, Plastics & Rubber                               | 2.8% |
| Diversified Investment Vehicles, Banking, Finance, Real Estate | 2.5% |
| Food & Grocery                                             | 2.0% |
| Automotive                                                     | 1.8% |
| Manufacturing, Capital Equipment                               | 1.8% |
| Consumer Goods – Durable                                 | 1.8% |
| Advertising, Printing & Publishing                         | 1.5% |
| Utilities – Electric                                     | 1.3% |
| Consumer Goods – Non-durable                             | 1.1% |
| Consumer Services                                              | 1.1% |
| Insurance                                                      | 1.1% |
| Containers, Packaging & Glass                              | 0.5% |
| Media – Diversified & Production                     | 0.1% |
| Hotel, Gaming, Leisure, Restaurants                            | 0.1% |
| Metals & Mining                                            | 0.0% |
| Total Investments                                              | 100.0% |

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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. |

|    |                                                                                                                       |
|----|-----------------------------------------------------------------------------------------------------------------------|
| 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. |

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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, |
|                                                            | 2018 |   | 2017 |
| Basic Earnings (Loss) Per Share                                 |   |   |   |
| Net increase (decrease) in net assets resulting from operations | $ | 13,250 |  |   | $ | 28,781 |  |
| Weighted average shares outstanding                             | 215,914,717 |  |   | 219,694,654 |  |
| Basic earnings (loss) per share                                 | $ | 0.06 |  |   | $ | 0.13 |  |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                           |   |   |   |   | Fair Value Hierarchy |
|                                                                | Cost |  | Fair Value |   | Level 1 |   | Level 2 |   | Level 3 |
| First Lien Secured Debt                                        | $ | 1,366,220 |  |   | $ | 1,363,867 |  |   | $ | — |  |   | $ | — |  |   | $ | 1,363,867 |  |
| Second Lien Secured Debt                                       | 751,684 |  |   | 737,124 |  |   | — |  |   | 315,101 |  |   | 422,023 |  |
| Unsecured Debt                                                 | 90,290 |  |   | 90,599 |  |   | — |  |   | — |  |   | 90,599 |  |
| Structured Products and Other                                  | 68,284 |  |   | 67,373 |  |   | — |  |   | — |  |   | 67,373 |  |
| Preferred Equity                                               | 20,640 |  |   | 31,400 |  |   | — |  |   | — |  |   | 31,400 |  |
| Common Equity/Interests                                        | 215,936 |  |   | 204,849 |  |   | — |  |   | — |  |   | 204,849 |  |
| Warrants                                                       | 363 |  |   | 247 |  |   | — |  |   | — |  |   | 247 |  |
| Total Investments before Option Contracts and Cash Equivalents | $ | 2,513,417 |  |   | $ | 2,495,459 |  |   | $ | — |  |   | $ | 315,101 |  |   | $ | 2,180,358 |  |
| Purchased Put Options                                          | $ | 3,192 |  |   | $ | 348 |  |   | $ | 348 |  |   | $ | — |  |   | $ | — |  |
| Written Call Options                                           | (3,390 | ) |   | (20,258 | ) |   | (20,258 | ) |   | — |  |   | — |  |
| Total Option Contracts                                         | $ | (198 | ) |   | $ | (19,910 | ) |   | $ | (19,910 | ) |   | $ | — |  |   | $ | — |  |
| Money Market Fund                                              | $ | 11,612 |  |   | $ | 11,612 |  |   | $ | 11,612 |  |   | $ | — |  |   | $ | — |  |
| Total Cash Equivalents                                         | $ | 11,612 |  |   | $ | 11,612 |  |   | $ | 11,612 |  |   | $ | — |  |   | $ | — |  |
| Total Investments after Option Contracts and Cash Equivalents  | $ | 2,524,831 |  |   | $ | 2,487,161 |  |   | $ | (8,298 | ) |   | $ | 315,101 |  |   | $ | 2,180,358 |  |

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|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                           |   |   |   |   | Fair Value Hierarchy |
|                                                           | Cost |   | Fair Value |   | Level 1 |   | Level 2 |   | Level 3 |
| First Lien Secured Debt                                        | $ | 1,144,585 |  |   | $ | 1,131,943 |  |   | $ | — |  |   | $ | — |  |   | $ | 1,131,943 |  |
| Second Lien Secured Debt                                       | 719,650 |  |   | 706,011 |  |   | — |  |   | 290,673 |  |   | 415,338 |  |
| Unsecured Debt                                                 | 102,716 |  |   | 103,166 |  |   | — |  |   | 13,049 |  |   | 90,117 |  |
| Structured Products and Other                                  | 68,227 |  |   | 67,967 |  |   | — |  |   | — |  |   | 67,967 |  |
| Preferred Equity                                               | 20,076 |  |   | 31,052 |  |   | — |  |   | — |  |   | 31,052 |  |
| Common Equity/Interests                                        | 212,979 |  |   | 207,657 |  |   | — |  |   | — |  |   | 207,657 |  |
| Warrants                                                       | 363 |  |   | 251 |  |   | — |  |   | — |  |   | 251 |  |
| Total Investments before Option Contracts and Cash Equivalents | $ | 2,268,596 |  |   | $ | 2,248,047 |  |   | $ | — |  |   | $ | 303,722 |  |   | $ | 1,944,325 |  |
| Purchased Put Options                                          | $ | 5,758 |  |   | $ | 1,226 |  |   | $ | 1,226 |  |   | $ | — |  |   | $ | — |  |
| Written Call Options                                           | (5,736 | ) |   | (20,350 | ) |   | (20,350 | ) |   | — |  |   | — |  |
| Total Option Contracts                                         | $ | 22 |  |   | $ | (19,124 | ) |   | $ | (19,124 | ) |   | $ | — |  |   | $ | — |  |
| Money Market Fund                                              | $ | 14,035 |  |   | $ | 14,035 |  |   | $ | 14,035 |  |   | $ | — |  |   | $ | — |  |
| Total Cash Equivalents                                         | $ | 14,035 |  |   | $ | 14,035 |  |   | $ | 14,035 |  |   | $ | — |  |   | $ | — |  |
| Total Investments after Option Contracts and Cash Equivalents  | $ | 2,282,653 |  |   | $ | 2,242,958 |  |   | $ | (5,089 | ) |   | $ | 303,722 |  |   | $ | 1,944,325 |  |

|                                                                                               |
|-----------------------------------------------------------------------------------------------|
|                                                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                          | 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. |

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|                                                                                               |
|-----------------------------------------------------------------------------------------------|
|                                                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                          | 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, 2017                                                          | $ | 1,049,232 |  | $ | 446,772 |  | $ | 146,218 |  | $ | 166,893 |  | $ | 25,637 |  | $ | 228,200 |  | $ | 94 |  | $ | 2,063,046 |  |
| Net realized gains (losses)                                                                   | (10,335 | ) | — |  | (338 | ) | — |  | (93,725 | ) | (81,833 | ) | (49,771 | ) | (236,002 | ) |
| Net change in unrealized gains (losses)                                                       | 24,665 |  | (3,884 | ) | 441 |  | 2,044 |  | 93,843 |  | 72,020 |  | 49,759 |  | 238,888 |  |
| Net amortization on investments                                                               | 805 |  | 688 |  | — |  | 93 |  | — |  | 35 |  | — |  | 1,621 |  |
| Purchases, including capitalized PIK (3)                                                      | 233,538 |  | 61,047 |  | 321 |  | — |  | — |  | 28,146 |  | — |  | 323,052 |  |
| Sales (3)                                                                                     | (172,065 | ) | (51,260 | ) | — |  | (33,166 | ) | — |  | (28,879 | ) | — |  | (285,370 | ) |
| Transfers out of Level 3 (1)                                                                  | — |  | (19,625 | ) | — |  | — |  | — |  | — |  | — |  | (19,625 | ) |
| Transfers into Level 3 (1)                                                                    | — |  | 27,142 |  | — |  | — |  | — |  | — |  | — |  | 27,142 |  |
| Fair value as of June 30, 2017                                                           | $ | 1,125,840 |  | $ | 460,880 |  | $ | 146,642 |  | $ | 135,864 |  | $ | 25,755 |  | $ | 217,689 |  | $ | 82 |  | $ | 2,112,752 |  |
|                                                                                          |   |   |   |   |   |   |   |   |
| Net change in unrealized gains (losses) on Level 3 investments still held as of June 30, 2017 | $ | 3,503 |  | $ | (3,666 | ) | $ | 103 |  | $ | 1,961 |  | $ | 118 |  | $ | (13,727 | ) | $ | (11 | ) | $ | (11,719 | ) |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Transfers out of Level 3 are due to an increase in the quantity and reliability of broker quotes obtained and transfers into 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 $(2,507). |

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

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|                               |
|-------------------------------|
|                               |  |  |  |  |  |  |  |  |
|                          |   | 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       | $ | (885 | ) | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 492,800 |  | Discounted Cash Flow | Discount Rate | 2.3% | 14.1% | 12.2% |
|                          | 46,457 |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
|                          |  | Market Comparable | Comparable Multiple | 4.9x | 4.9x | 4.9x |
|                          | 82,264 |  | Recent Transaction | Recent Transaction | N/A | N/A | N/A |
|                          | 125,664 |  | Recovery Analysis | Commodity Price | $62.50 | $70.00 | $64.97 |
|                          | 405 |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
|                          |   | Yield Analysis | Discount Rate | 25.0% | 25.0% | 25.0% |
|                          | 5,705 |  | Transaction Price | Expected Proceeds | N/A | N/A | N/A |
|                          | 611,457 |  | Yield Analysis | Discount Rate | 4.1% | 15.5% | 10.7% |
| Second Lien Secured Debt      | 29,785 |  | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 11,770 |  | Market Comparable | Comparable Multiple | 0.6x | 7.9x | 7.9x |
|                          | 12,500 |  | Recent Transaction | Recent Transaction | N/A | N/A | N/A |
|                          | 31,279 |  | Recovery Analysis | Commodity Price | $66.80 | $70.00 | $67.32 |
|                          | 336,689 |  | Yield Analysis | Discount Rate | 10.9% | 14.3% | 12.8% |
| Unsecured Debt                | 90,599 |  | Yield Analysis | Discount Rate | 10.1% | 16.1% | 10.8% |
| Structured Products and Other | 42,375 |  | Discounted Cash Flow | Discount Rate | 9.5% | 10.2% | 10.0% |
|                          | 24,998 |  | Transaction Price | Transaction Price | N/A | N/A | N/A |
| Preferred Equity              | 886 |  | Discounted Cash Flow | Discount Rate | 10.5% | 10.5% | 10.5% |
|                          | 25,429 |  | Option Pricing Model | Expected Volatility | 40.0% | 40.0% | 40.0% |
|                          | 5,085 |  | Yield Analysis | Discount Rate | 11.1% | 18.0% | 17.5% |
| Common Equity/Interests       | 471 |  | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 175,649 |  | Discounted Cash Flow | Discount Rate | 10.5% | 25.0% | 13.0% |
|                          | 4,500 |  | Market Comparable | Comparable Multiple | 4.9x | 7.9x | 7.6x |
|                          | 100 |  | Option Pricing Model | Expected Volatility | 20.0% | 20.0% | 20.0% |
|                          | 24,129 |  | Recovery Analysis | Commodity Price | $62.50 | $70.00 | $64.26 |
| Warrants                      | 247 |  | Option Pricing Model | Expected Volatility | 37.5% | 60.0% | 53.1% |
| Total Level 3 Investments     | $ | 2,180,358 |  |   |   |   |   |   |

|     |                                                                                                                                                                                                                                                                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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       | $ | (885 | ) | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 401,800 |  | Discounted Cash Flow | Discount Rate | 2.3% | 14.6% | 12.3% |
|                          | (337 | ) | Recent Transaction | Recent Transaction | N/A | N/A | N/A |
|                          | 120,331 |  | Recovery Analysis | Commodity Price | $60.00 | $66.00 | $63.27 |
|                          | 47,170 |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
|                          |   | Market Comparable Technique | Comparable Multiple | 4.9x | 4.9x | 4.9x |
|                          | 451 |  | Recovery Analysis | Recoverable Amount | N/A | N/A | N/A |
|                          |   | Yield Analysis | Discount Rate | 25.0% | 25.0% | 25.0% |
|                          | 6,063 |  | Transaction Price | Expected Proceeds | N/A | N/A | N/A |
|                          | 557,350 |  | Yield Analysis | Discount Rate | 3.7% | 14.8% | 10.8% |
| Second Lien Secured Debt      | 37,456 |  | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 10,159 |  | Market Comparable Technique | Comparable Multiple | 0.8x | 7.9x | 7.9x |
|                          | 30,510 |  | Recovery Analysis | Commodity Price | $64.00 | $66.00 | $65.54 |
|                          | 337,213 |  | Yield Analysis | Discount Rate | 10.9% | 14.1% | 12.7% |
| Unsecured Debt                | 90,117 |  | Yield Analysis | Discount Rate | 11.2% | 17.0% | 11.9% |
| Structured Products and Other | 67,967 |  | Discounted Cash Flow | Discount Rate | 9.0% | 11.0% | 10.4% |
| Preferred Equity              | 25,711 |  | Option Pricing Model | Expected Volatility | 39.5% | 39.5% | 39.5% |
|                          | 5,341 |  | Yield Analysis | Discount Rate | 10.8% | 12.5% | 12.4% |
| Common Equity/Interests       | 466 |  | Broker Quoted | Broker Quote | N/A | N/A | N/A |
|                          | 167,132 |  | Discounted Cash Flow | Discount Rate | 10.0% | 25.0% | 13.4% |
|                          | 6,810 |  | Market Comparable Technique | Comparable Multiple | 7.7x | 11.4x | 9.0x |
|                          | 33,249 |  | Recovery Analysis | Commodity Price | $60.00 | $66.00 | $62.51 |
| Warrants                      | 251 |  | Option Pricing Model | Expected Volatility | 37.5% | 60.0% | 53.0% |
| Total Level 3 Investments     | $ | 1,944,325 |  |   |   |   |   |   |

|     |                                                                                                                                                                                                                                                                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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, |
|                                                 | 2018 |   | 2017 |
| PIK balance at beginning of period                   | $ | 24,454 |  |   | $ | 53,262 |  |
| PIK income capitalized                               | 1,983 |  |   | 2,775 |  |
| Adjustments due to investments exited or written off | — |  |   | (35,697 | ) |
| PIK income received in cash                          | — |  |   | (370 | ) |
| PIK balance at end of period                         | $ | 26,437 |  |   | $ | 19,970 |  |

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Table of Contents

|                       |
|-----------------------|
|                       |  |  |  |  |  |  |  |
|                  | Three Months Ended June 30, |
|                  | 2018 |   | 2017 |
| Net revenue           | $ | 123,295 |  |   | $ | 28,858 |  |
| Net operating income  | 99,911 |  |   | 17,490 |  |
| Earnings before taxes | 83,422 |  |   | 9,057 |  |
| Net profit            | 83,369 |  |   | 9,057 |  |

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Table of Contents

|                       |
|-----------------------|
|                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                  | June 30, 2018 |
| Underlying Risk Type  | Base Notional Assets |   | Derivative Assets Fair Value |   | Base Notional Liabilities |   | Derivative Liabilities Fair Value |
| Commodity:            |   |   |   |   |   |   |   |
| Purchased Put Options | $ | 75,366 |  |   | $ | 348 |  |   | $ | — |  |   | $ | — |  |
| Written Call Options  | — |  |   | — |  |   | (100,260 | ) |   | (20,258 | ) |

|                       |
|-----------------------|
|                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                  | March 31, 2018 |
| Underlying Risk Type  | Base Notional Assets |   | Derivative Assets Fair Value |   | Base Notional Liabilities |   | Derivative Liabilities Fair Value |
| Commodity:            |   |   |   |   |   |   |   |
| Purchased Put Options | $ | 123,750 |  |   | $ | 1,226 |  |   | $ | — |  |   | $ | — |  |
| Written Call Options  | — |  |   | — |  |   | (158,117 | ) |   | (20,350 | ) |

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Table of Contents

|                                                |
|------------------------------------------------|
|                                                |  |  |  |  |  |  |  |
|                                           | Three Months Ended June 30, |
|                                           | 2018 |   | 2017 |
| 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, |
|                               | 2018 |   | 2017 |
| Net Realized Losses on Derivatives |   |   |   |
| Purchased Put Options              | $ | (2,577 | ) |   | $ | — |  |
| Written Call Options               | (10,632 | ) |   | — |  |
| Net Realized Losses on Derivatives | $ | (13,209 | ) |   | $ | — |  |

|                  |
|------------------|
|                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Counterparty     |   | Gross Amounts of Recognized Assets and Liabilities |   | Gross Amounts Offset in the Statements of Assets and Liabilities |   | Net Amounts Presented in the Statements of Assets and Liabilities |   | Gross Amounts Not Offset in the Statements of Assets and Liabilities |   |
|             |   |   |   | Financial Instruments |   | Cash Collateral |   | Net Amounts |   |
| CME Group:       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Variation Margin |   | $ | (1,206 | ) |   | — |  |   | $ | (1,206 | ) | (a) | — |  |   | $ | 1,206 |  | (b) | — |  |   |

|     |                                                                                                                                                                                                                                                                                                            |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | The variation margin payable on option contracts is the result of purchased put options and written call options that are settled-to-market with a fair value of $348 and ($20,258), respectively, as of June 30, 2018, offset against the variation margin posted with the CME amounting to $18,704. |

|     |                                                                                                                         |
|-----|-------------------------------------------------------------------------------------------------------------------------|
| (b) | Per GAAP disclosure requirements, the table above does not include excess cash collateral paid in the amount of $3,022. |

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|                  |
|------------------|
|                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Counterparty     |   | Gross Amounts of Recognized Assets and Liabilities |   | Gross Amounts Offset in the Statements of Assets and Liabilities |   | Net Amounts Presented in the Statements of Assets and Liabilities |   | Gross Amounts Not Offset in the Statements of Assets and Liabilities |   |
|             |   |   |   | Financial Instruments |   | Cash Collateral |   | Net Amounts |   |
| CME Group:       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Variation Margin |   | $ | 1,846 |  |   | — |  |   | $ | 1,846 |  | (a) | — |  |   | — |  |   | $ | 1,846 |  | (b) |

|     |                                                                                                                                                                                                                                                                                                                  |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | The variation margin receivable on option contracts is the result of purchased put options and written call options that are settled-to-market with a fair value of $1,226 and ($20,350), respectively, as of March 31, 2018, offset against the variation margin posted with the CME amounting to $20,970. |

|     |                                                                                                                         |
|-----|-------------------------------------------------------------------------------------------------------------------------|
| (b) | Per GAAP disclosure requirements, the table above does not include excess cash collateral paid in the amount of $5,016. |

|                                                                          |
|--------------------------------------------------------------------------|
|                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                     | Date Issued/Amended |   | Total Aggregate Principal Amount Committed |   | Principal Amount Outstanding |   | Fair Value |   | Final Maturity Date |
| Senior Secured Facility                                                  | 12/22/2016 |   | $ | 1,190,000 |  |   | $ | 597,751 | * |   | $ | 610,944 |  | (3) | 12/22/2021 |
| Senior Secured Notes (Series B)                                          | 9/29/2011 |   | 16,000 |  |   | 16,000 |  |   | 16,080 |  | (3) | 9/29/2018 |
| 2043 Notes                                                               | 6/17/2013 |   | 150,000 |  |   | 150,000 |  |   | 150,180 |  | (1) | 7/15/2043 |
| 2025 Notes                                                               | 3/3/2015 |   | 350,000 |  |   | 350,000 |  |   | 331,205 |  | (2) | 3/3/2025 |
| Total Debt Obligations                                                   |   |   | $ | 1,706,000 |  |   | $ | 1,113,751 |  |   | $ | 1,108,409 |  |   |   |
| Deferred Financing Cost and Debt Discount                                |   |   |   | $ | (11,072 | ) |   |   |   |   |
| Total Debt Obligations, net of Deferred Financing Cost and Debt Discount |   |   |   | $ | 1,102,679 |  |   |   |   |   |

|   |                                                                                                                                                        |
|---|--------------------------------------------------------------------------------------------------------------------------------------------------------|
| * | 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, 2018. 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, 2018. 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, 2018. 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                                                  | 12/22/2016 |   | $ | 1,190,000 |  |   | $ | 285,216 | * |   | $ | 292,338 |  | (1) | 12/22/2021 |
| Senior Secured Notes (Series B)                                          | 9/29/2011 |   | 16,000 |  |   | 16,000 |  |   | 16,191 |  | (1) | 9/29/2018 |
| 2043 Notes                                                               | 6/17/2013 |   | 150,000 |  |   | 150,000 |  |   | 152,040 |  | (2) | 7/15/2043 |
| 2025 Notes                                                               | 3/3/2015 |   | 350,000 |  |   | 350,000 |  |   | 351,676 |  | (3) | 3/3/2025 |
| Total Debt Obligations                                                   |   |   | $ | 1,706,000 |  |   | $ | 801,216 |  |   | $ | 812,245 |  |   |   |
| Deferred Financing Cost and Debt Discount                                |   |   |   | $ | (11,370 | ) |   |   |   |   |
| Total Debt Obligations, net of Deferred Financing Cost and Debt Discount |   |   |   | $ | 789,846 |  |   |   |   |   |

|   |                                                                                                                            |
|---|----------------------------------------------------------------------------------------------------------------------------|
| * | 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, 2018. 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, 2018. 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, 2018. The valuation is based on broker quoted prices. |

----

Table of Contents

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Table of Contents

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |
|                                          | Three Months Ended June 30, |
|                                          | 2018 |   | 2017 |
| Average debt outstanding                      | $ | 929,468 |  |   | $ | 971,816 |  |
| Maximum amount of debt outstanding            | 1,102,679 |  |   | 1,056,929 |  |
|                                          |   |   |   |
| Weighted average annualized interest cost (1) | 5.25 | % |   | 5.32 | % |
| Annualized amortized debt issuance cost       | 0.56 | % |   | 0.56 | % |
| Total annualized interest cost                | 5.81 | % |   | 5.88 | % |

|     |                                                                                                                                                                                                                            |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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, 2018 and 2017 were $711 and $760, respectively. |

|                 |
|-----------------|
|                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|            | Original Principal Amount (Local) |   | Original Principal Amount (USD) |   | Principal Amount Outstanding |   | Unrealized Gain/(Loss) |   | Reset Date |
| Canadian Dollar | C$ | 2,300 |  |   | $ | 1,894 |  |   | $ | 1,748 |  |   | $ | 146 |  |   | 7/18/2018 |
| Euro            | € | 14,000 |  |   | 15,129 |  |   | 16,346 |  |   | (1,217 | ) |   | 7/16/2018 |
| Euro            | € | 15,000 |  |   | 16,424 |  |   | 17,513 |  |   | (1,089 | ) |   | 7/31/2018 |
| British Pound   | £ | 14,500 |  |   | 21,941 |  |   | 19,144 |  |   | 2,797 |  |   | 7/31/2018 |
|            |   |   | $ | 55,388 |  |   | $ | 54,751 |  |   | $ | 637 |  |   |   |

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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 |  |   | $ | 1,784 |  |   | $ | 110 |  |   | 4/16/2018 |
| Euro            | € | 14,000 |  |   | 15,129 |  |   | 17,218 |  |   | (2,089 | ) |   | 4/12/2018 |
| Euro            | € | 12,500 |  |   | 13,507 |  |   | 15,372 |  |   | (1,865 | ) |   | 4/30/2018 |
| British Pound   | £ | 14,500 |  |   | 21,941 |  |   | 20,340 |  |   | 1,601 |  |   | 4/30/2018 |
|            |   |   | $ | 52,471 |  |   | $ | 54,714 |  |   | $ | (2,243 | ) |   |   |

|                             |
|-----------------------------|
|                             |  |  |  |  |  |  |  |  |  |  |  |  |
| 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 |  |   | 27,978 |  |   | 22,022 |  |
| Total as of June 30, 2018   |   | $ | 150,000 |  |   | $ | 127,978 |  |   | $ | 22,022 |  |

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

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Table of Contents

|                                                                             |
|-----------------------------------------------------------------------------|
|                                                                             |  |  |  |  |  |  |  |
|                                                                        | June 30, 2018 |   | March 31, 2018 |
| Unfunded revolver obligations and bridge loan commitments (1)               | $ | 373,004 |  |   | $ | 239,689 |  |
| Standby letters of credit issued and outstanding (2)                        | 19,498 |  |   | 20,692 |  |
| Unfunded delayed draw loan commitments (3)                                  | 23,105 |  |   | 21,959 |  |
| Unfunded delayed draw loan commitments (performance thresholds not met) (4) | 72,893 |  |   | 15,244 |  |
| Total Unfunded Commitments                                                  | $ | 488,500 |  |   | $ | 297,584 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (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, 2018 and March 31, 2018, 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, 2018 and March 31, 2018, the bridge loan commitments included in the balances were $224,616 and $99,666, 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, 2018 and March 31, 2018. |

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Table of Contents

|                                                                                |
|--------------------------------------------------------------------------------|
|                                                                                |  |  |  |  |  |  |  |
|                                                                           | Three Months EndedJune 30, 2018 |   | Year EndedMarch 31, 2018 |
|                                                                           | (Unaudited) |   |   |
| Per Share Data*                                                                |   |   |   |
| Net asset value at beginning of period                                         | $ | 6.56 |  |   | $ | 6.74 |  |
| Net investment income (1)                                                      | 0.15 |  |   | 0.61 |  |
| Net realized and change in unrealized losses (1)                               | (0.08 | ) |   | (0.21 | ) |
| Net increase in net assets resulting from operations                           | 0.06 |  |   | 0.40 |  |
| Distribution of net investment income (2)                                      | (0.15 | ) |   | (0.40 | ) |
| Distribution of return of capital (2)                                          | — |  |   | (0.20 | ) |
| Accretion due to share repurchases                                             | 0.01 |  |   | 0.01 |  |
| Net asset value at end of period                                               | $ | 6.47 |  |   | $ | 6.56 |  |
|                                                                           |   |   |   |
| Per share market value at end of period                                        | $ | 5.57 |  |   | $ | 5.22 |  |
| Total return (3)                                                               | 9.53 | % |   | (12.06 | )% |
| Shares outstanding at end of period                                            | 214,925,294 |  |   | 216,312,096 |  |
| Weighted average shares outstanding                                            | 215,914,717 |  |   | 218,623,840 |  |
|                                                                           |   |   |   |
| Ratio/Supplemental Data                                                        |   |   |   |
| Net assets at end of period (in millions)                                      | $ | 1,391.2 |  |   | $ | 1,418.1 |  |
| Annualized ratio of operating expenses to average net assets (4)(5)            | 5.30 | % |   | 5.02 |  % |
| Annualized ratio of interest and other debt expenses to average net assets (5) | 3.85 | % |   | 3.61 |  % |
| Annualized ratio of total expenses to average net assets (4)(5)                | 9.15 | % |   | 8.63 |  % |
| Annualized ratio of net investment income to average net assets (5)            | 9.01 | % |   | 9.15 |  % |
| Average debt outstanding (in millions)                                         | $ | 929.5 |  |   | $ | 899.3 |  |
| Average debt per share                                                         | $ | 4.30 |  |   | $ | 4.11 |  |
| Annualized portfolio turnover rate (5)                                         | 18.49 | % |   | 45.06 |  % |
| Asset coverage per unit (6)                                                    | $ | 2,249 |  |   | $ | 2,770 |  |

|   |                                      |
|---|--------------------------------------|
| * | 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, 2018 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, 2018, the annualized ratio of operating expenses to average net assets and the annualized ratio of total expenses to average net assets would be 5.84% and 9.72%, respectively, without the voluntary fee waivers. For the year ended March 31, 2018, the ratio of operating expenses to average net assets and the ratio of total expenses to average net assets would be 6.39% and 10.03%, respectively, without the voluntary fee waivers. |

|     |                                                           |
|-----|-----------------------------------------------------------|
| (5) | Annualized for the three months ended June 30, 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)*                                             | 2018 |   | 2017 |
| Investments made in portfolio companies                    | $ | 359.0 |  |   | $ | 342.0 |  |
| Investments sold                                           | (14.8 | ) |   | (9.9 | ) |
| Net activity before repaid investments                     | 344.1 |  |   | 332.1 |  |
| Investments repaid                                         | (93.8 | ) |   | (242.0 | ) |
| Net investment activity                                    | $ | 250.3 |  |   | $ | 90.1 |  |
|                                                            |  |   |   |
| Portfolio companies at beginning of period                 | 90 |  |   | 86 |  |
| Number of new portfolio companies                          | 7 |  |   | 11 |  |
| Number of exited portfolio companies                       | (1 | ) |   | (13 | ) |
| Portfolio companies at end of period                       | 96 |  |   | 84 |  |
|                                                            |  |   |   |
| Number of investments made in existing portfolio companies | 20 |  |   | 11 |  |

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

|                                                 |
|-------------------------------------------------|
|                                                 |  |  |  |  |  |  |  |
|                                            | June 30, 2018 |   | March 31, 2018 |
| Portfolio composition, at fair value:           |   |   |   |
| Secured debt                                    | 84 | % |   | 82 | % |
| Unsecured debt                                  | 4 | % |   | 5 | % |
| Structured products and other                   | 3 | % |   | 3 | % |
| Preferred equity                                | 1 | % |   | 1 | % |
| Common equity/interests and warrants            | 8 | % |   | 9 | % |
| Weighted average yields, at amortized cost (1): |   |   |   |
| Secured debt portfolio (2)                      | 10.7 | % |   | 10.7 | % |
| Unsecured debt portfolio (2)                    | 11.4 | % |   | 11.3 | % |
| Total debt portfolio (2)                        | 10.7 | % |   | 10.7 | % |
| Total portfolio (3)                             | 9.7 | % |   | 9.6 | % |
| Interest rate type, at fair value (4):          |   |   |   |
| Fixed rate amount                               |  | $0.1 |  billion |   |  | $0.1 |  billion |
| Floating rate amount                            |  | $1.4 |  billion |   |  | $1.2 |  billion |
| Fixed rate, as percentage of total              | 6 | % |   | 8 | % |
| Floating rate, as percentage of total           | 94 | % |   | 92 | % |
| Interest rate type, at amortized cost (4):      |   |   |   |
| Fixed rate amount                               |  | $0.1 |  billion |   |  | $0.1 |  billion |
| Floating rate amount                            |  | $1.4 |  billion |   |  | $1.2 |  billion |
| Fixed rate, as percentage of total              | 6 | % |   | 8 | % |
| Floating rate, as percentage of total           | 94 | % |   | 92 | % |

|     |                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------|
| (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. |

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|     |                                                                                                                          |
|-----|--------------------------------------------------------------------------------------------------------------------------|
| (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. |

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|                                                                                 |
|---------------------------------------------------------------------------------|
|                                                                                 |  |  |  |  |  |  |  |
|                                                                                 | Three Months Ended June 30, |
| (in millions)*                                                                  | 2018 |  | 2017 |
| Investment Income                                                               |  |  |  |  |  |
| Interest income (excluding Payment-in-kind (“PIK”) interest income) | $ | 53.9 |  |  | $ | 54.1 |  |
| Dividend income                                                                 | 5.6 |  |  | 5.9 |  |
| PIK interest income                                                             | 2.7 |  |   | 5.8 |  |
| Other income                                                                    | 1.4 |  |  | 0.8 |  |
| Total investment income                                                         | $ | 63.6 |  |  | $ | 66.7 |  |
| Expenses                                                                        |  |  |  |
| Management and performance-based incentive fees, net of amounts waived          | $ | 14.4 |  |  | $ | 15.0 |  |
| Interest and other debt expenses, net of reimbursements                         | 13.5 |  |  | 14.2 |  |
| Administrative services expense, net of reimbursements                          | 1.6 |  |  | 1.6 |  |
| Other general and administrative expenses                                       | 2.5 |  |  | 2.6 |  |
| Net Expenses                                                                    | $ | 32.0 |  |  | $ | 33.4 |  |
| Net Investment Income                                                           | $ | 31.5 |  |   | $ | 33.3 |  |
| Net Realized and Change in Unrealized Gains (Losses)                            |  |   |  |  |
| Net realized losses                                                             | $ | (23.2 | ) |   | $ | (233.8 | ) |
| Net change in unrealized losses                                                 | 4.9 |  |   | 229.2 |  |
| Net Realized and Change in Unrealized Losses                                    | (18.3 | ) |   | (4.5 | ) |
| Net Increase in Net Assets Resulting from Operations                            | $ | 13.3 |  |   | $ | 28.8 |  |
|                                                                            |   |   |   |
| Net Investment Income on Per Average Share Basis (1)                            | $ | 0.15 |  |   | $ | 0.15 |  |
| Earnings per share — basic (1)                                            | $ | 0.06 |  |   | $ | 0.13 |  |

|   |                                      |
|---|--------------------------------------|
| * | 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) |   |
| Access CIG, LLC                         |   | $ | 0.1 |  |   |
| Accelerate Parent Corp. (American Tire) |   | (10.1 | ) |   |

|                                    |
|------------------------------------|
|                                    |  |  |  |  |  |
| (in millions)                      |   | Net Realized Gain (Loss) |   |
| Renew JV LLC                       |   | $ | 4.0 |  |   |
| Venoco, Inc.                       |   | (89.0 | ) | * |
| Delta Career Education Corporation |   | (72.8 | ) | * |
| AIC SPV Holdings I, LLC            |   | (44.3 | ) | * * |
| LVI Group Investments, LLC         |   | (17.5 | ) | * * |
| Magnetation, LLC                   |   | (10.4 | ) | * |
| Clothesline Holdings, Inc.         |   | (6.0 | ) | * |

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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 | ) |

|                                    |
|------------------------------------|
|                                    |  |  |  |  |
| (in millions)                      |   | Net Change in Unrealized Gain (Loss) |
| Venoco, Inc.                       |   | $ | 89.0 |  |
| Delta Career Education Corporation |   | 72.8 |  |
| AIC SPV Holdings I, LLC            |   | 44.8 |  |
| LVI Group Investments, LLC         |   | 17.5 |  |
| Magnetation, LLC                   |   | 10.4 |  |
| Clothesline Holdings, Inc.         |   | 6.0 |  |
| SHD Oil & Gas, LLC             |   | (4.3 | ) |
| Sprint Industrial Holdings, LLC    |   | (2.1 | ) |

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|                                 |
|---------------------------------|
|                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                            | 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)     | $ | 597.8 |  |   | $ | — |  |   | $ | — |  |   | $ | 597.8 |  |   | $ | — |  |
| Senior Secured Notes (Series B) | 16.0 |  |   | 16.0 |  |   | — |  |   | — |  |   | — |  |
| 2043 Notes                      | 150.0 |  |   | — |  |   | — |  |   | — |  |   | 150.0 |  |
| 2025 Notes                      | 350.0 |  |   | — |  |   | — |  |   | — |  |   | 350.0 |  |
| Total Debt Obligations          | $ | 1,113.8 |  |   | $ | 16.0 |  |   | $ | — |  |   | $ | 597.8 |  |   | $ | 500.0 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                      |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | As of June 30, 2018, aggregate lender commitments under the Senior Secured Facility totaled $1.19 billion and $578.1 million of unused capacity. As of June 30, 2018, there were $14.1 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 400 basis points   |   | $ | 28.7 |  million |   | $ | 0.134 |  |
|  Up 300 basis points   |   | 21.5 |  million |   | 0.100 |  |
|  Up 200 basis points   |   | 14.4 |  million |   | 0.067 |  |
|  Up 100 basis points   |   | 7.2 |  million |   | 0.033 |  |
|  Down 100 basis points |   | (7.0 | ) million |   | (0.032 | ) |

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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 |   | 28.0 |  million |   | 22.0 |  million |
| Total as of June 30, 2018   |   | $ | 150.0 |  million |   | $ | 128.0 |  million |   | $ | 22.0 |  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 |

|                |
|----------------|
|                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 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    |   | 1,530,000 |  |   | $ | 6.57 |  |   | 1,530,000 |  |   | $ | 40.0 |  million |
| September 2015 |   | 1,810,400 |  |   | 6.15 |  |   | 1,810,400 |  |   | 28.8 |  million |
| November 2015  |   | 3,350,000 |  |   | 6.03 |  |   | 3,350,000 |  |   | 8.6 |  million |
| December 2015  |   | 1,882,329 |  |   | 5.86 |  |   | 1,882,329 |  |   | 47.6 |  million |
| January 2016   |   | 2,012,126 |  |   | 4.97 |  |   | 2,012,126 |  |   | 37.6 |  million |
| June 2016      |   | 1,088,800 |  |   | 5.58 |  |   | 1,088,800 |  |   | 31.5 |  million |
| July 2016      |   | 49,475 |  |   | 5.51 |  |   | 49,475 |  |   | 31.2 |  million |
| August 2016    |   | 1,788,882 |  |   | 5.89 |  |   | 1,788,882 |  |   | 20.7 |  million |
| September 2016 |   | 1,234,569 |  |   | 6.04 |  |   | 1,234,569 |  |   | 63.2 |  million |
| October 2016   |   | 1,582,250 |  |   | 5.94 |  |   | 1,582,250 |  |   | 53.8 |  million |
| November 2016  |   | 717,866 |  |   | 5.82 |  |   | 717,866 |  |   | 49.6 |  million |
| August 2017    |   | 100,000 |  |   | 5.99 |  |   | 100,000 |  |   | 49.0 |  million |
| September 2017 |   | 560,300 |  |   | 5.99 |  |   | 560,300 |  |   | 45.7 |  million |
| October 2017   |   | 434,600 |  |   | 5.99 |  |   | 434,600 |  |   | 43.1 |  million |
| November 2017  |   | 193,500 |  |   | 5.93 |  |   | 193,500 |  |   | 41.9 |  million |
| December 2017  |   | 150,300 |  |   | 5.96 |  |   | 150,300 |  |   | 41.0 |  million |
| January 2018   |   | 1,732,158 |  |   | 5.77 |  |   | 1,732,158 |  |   | 31.0 |  million |
| February 2018  |   | 211,700 |  |   | 5.41 |  |   | 211,700 |  |   | 29.9 |  million |
| May 2018       |   | 791,000 |  |   | 5.71 |  |   | 791,000 |  |   | 25.4 |  million |
| June 2018      |   | 595,802 |  |   | 5.65 |  |   | 595,802 |  |   | 22.0 |  million |
| Total          |   | 21,816,057 |  |   | $ | 5.87 |  |   | 21,816,057 |  |   |   |

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|        |
|--------|
|        |  |
| 3.1(a) | Articles of Amendment (1) |
| 3.1(b) | Articles of Amendment and Restatement (2) |
| 3.2    | Fifth Amended and Restated Bylaws (3) |
| 10.1   | Second Amended and Restated Investment Advisory Management Agreement (4) |
| 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 10.1 as applicable, to the Registrant’s Form 8-K, filed on May 18, 2018. |

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