|                                                  |                                                                                                    |  |  |  |  |
|--------------------------------------------------|----------------------------------------------------------------------------------------------------|--|--|--|--|
| ý                                           | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  |
| For the quarterly period ended December 31, 2021 |
| OR                                               |
| o                                                | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|                                                                        |                                      |  |  |  |  |
|------------------------------------------------------------------------|--------------------------------------|--|--|--|--|
| Maryland                                                               | 43-2048643                           |
| (State or other jurisdiction of incorporation or organization)         | (I.R.S. Employer Identification No.) |
| 10 East 40th Street, 42nd Floor                                        |                                 |
| New York, New York                                                     | 10016                                |
| (Address of principal executive offices)                               | (Zip Code)                           |
| Registrant's telephone number, including area code: (212) 448-0702 |

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

|                                                                                  |                 |                                           |  |  |  |  |  |  |
|----------------------------------------------------------------------------------|-----------------|-------------------------------------------|--|--|--|--|--|--|
| Title of each class                                                              | Trading symbols | Name of each exchange on which registered |
| Common Stock, $0.001 par value                                                   | PSEC            | NASDAQ Global Select Market               |
| 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock, par value $0.001 | PSEC PRA        | New York Stock Exchange                   |

|                                                     |  |                                       |  |  |  |  |  |  |
|-----------------------------------------------------|--|---------------------------------------|--|--|--|--|--|--|
| Large accelerated filer ý                 |  | Accelerated filer o              |
| Non-accelerated filer o                        |  | Smaller reporting company o |
|                                                     |  | Emerging growth company o             |
|  (Do not check if a smaller reporting company) |

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

----

|          |                                                                                                                                         |      |  |  |  |  |  |  |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------|------|--|--|--|--|--|--|
|     |                                                                                                                                    | Page |
|          | Forward-Looking Statements                                                                                                              | 3    |
| PART I   | FINANCIAL INFORMATION                                                                                                                   |      |
| Item 1.  | Financial Statements                                                                                                                    |      |
|          | Consolidated Statements of Assets and Liabilities as of December 31, 2021 (unaudited) and June 30, 2021                                 | 4    |
|          | Consolidated Statements of Operations for the three and six months ended December 31, 2021 and December 31, 2020 (unaudited)            | 5    |
|          | Consolidated Statements of Changes in Net Assets for the three and six months ended December 31, 2021 and December 31, 2020 (unaudited) | 6    |
|          | Consolidated Statements of Cash Flows for the six months ended December 31, 2021 and December 31,  2020 (unaudited)                     | 8    |
|          | Consolidated Schedules of Investments as of December 31, 2021 (unaudited) and June 30, 2021                                             | 9    |
|          | Notes to Consolidated Financial Statements (unaudited)                                                                                  | 45   |
| Item 2.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                             | 110  |
| Item 3.  | Quantitative and Qualitative Disclosures About Market Risk                                                                              | 145  |
| Item 4.  | Controls and Procedures                                                                                                                 | 146  |
| PART II  | OTHER INFORMATION                                                                                                                       |      |
| Item 1.  | Legal Proceedings                                                                                                                       | 147  |
| Item 1A. | Risk Factors                                                                                                                            | 147  |
| Item 2.  | Unregistered Sales of Equity Securities and Use of Proceeds                                                                             | 151  |
| Item 3.  | Defaults Upon Senior Securities                                                                                                         | 151  |
| Item 4.  | Mine Safety Disclosures                                                                                                                 | 151  |
| Item 5.  | Other Information                                                                                                                       | 152  |
| Item 6.  | Exhibits                                                                                                                                | 155  |
|          | Signatures                                                                                                                              |      |

----

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                   |                 |               |                 |               |                 |  |  |  |  |  |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------|-----------------|---------------|-----------------|---------------|-----------------|--|--|--|--|--|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | December 31, 2021 |                 | June 30, 2021 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (Unaudited)       |                 | (Audited)     |
| Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                   |                 |          |
| Investments at fair value:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |              |                 |          |
| Control investments (amortized cost of $2,364,241 and $2,482,431, respectively)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | $                 | 3,057,923  |               |                 | $             | 2,919,717  |  |
| Affiliate investments (amortized cost of $238,537 and $202,943, respectively)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 429,954      |                 |               | 356,734    |               |
| Non-control/non-affiliate investments (amortized cost of $3,938,560 and $3,372,750, respectively)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 3,514,969    |                 |               | 2,925,327  |               |
| Total investments at fair value (amortized cost of $6,541,338 and $6,058,124, respectively)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 7,002,846    |                 |               | 6,201,778  |               |
| Cash                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 45,026       |                 |               | 63,610     |               |
| Receivables for:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                   |                 |               |
| Interest, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 15,725       |                 |               | 12,575     |               |
| Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 644          |                 |               | 365        |               |
| Deferred financing costs on Revolving Credit Facility (Note 4)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 9,869        |                 |               | 11,141     |               |
| Due from broker                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | —      |                 |               | 12,551     |               |
| Prepaid expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 539          |                 |               | 1,072      |               |
| Due from Affiliate (Note 13)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | —      |                 |               | —    |               |
| Total Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 7,074,649    |                 |               | 6,303,092  |               |
| Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |              |                 |          |
| Revolving Credit Facility (Notes 4 and 8)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 472,608      |                 |               | 356,937    |               |
| Public Notes (less unamortized discount and debt issuance costs of $24,842 and $20,061,  respectively) (Notes 6 and 8)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 1,340,617    |                 |               | 1,114,717  |               |
| Prospect Capital InterNotes® (less unamortized debt issuance costs of $7,667  and $10,496,     respectively) (Notes 7 and 8)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 332,870      |                 |               | 498,215    |               |
| Convertible Notes (less unamortized debt issuance costs of $3,106 and $4,123, respectively) (Notes 5 and 8)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 213,563      |                 |               | 263,100    |               |
| Due to Prospect Capital Management (Note 13)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 53,439       |                 |               | 48,612     |               |
| Dividends payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 23,457       |                 |               | 23,313     |               |
| Interest payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 26,856       |                 |               | 27,359     |               |
| Due to broker                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 24,750       |                 |               | 14,854     |               |
| Accrued expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 3,067        |                 |               | 5,151      |               |
| Due to Prospect Administration (Note 13)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 1,611        |                 |               | 4,835      |               |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                   |                 |               |
| Other liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 1,022        |                 |               | 482        |               |
| Total Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 2,493,860    |                 |               | 2,357,575  |               |
| Commitments and Contingencies (Note 3)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                   |                 |               |
| Preferred Stock, par value $0.001 per share (147,900,000 shares authorized, with 40,000,000 shares of preferred stock authorized for each of the Series A1, Series M1, and Series M2 and 20,000,000 shares of preferred stock authorized for the Series AA1 and 1,000,000 shares of preferred stock authorized for the Series A2 and 6,900,000 shares of preferred stock authorized for the Series A; 11,751,346 Series A1 shares issued and outstanding; 519,211 Series M1 shares issued and outstanding; 0 Series M2 shares issued and outstanding; 0 Series AA1 shares issued and outstanding; 187,000 Series A2 shares issued and outstanding; and 6,000,000 Series A shares issued and outstanding as of December 31, 2021) at carrying value plus cumulative accrued and unpaid dividends (Note 9) | 440,661      |                 |               | —    |               |
| Net Assets as of June 30, 2021                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | $                 | —    |               |                 | $             | 3,945,517  |  |
| Net Assets Applicable to Common Shares as of December 31, 2021                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | $                 | 4,140,128  |               |                 | $             | —    |  |
| Components of Net Assets Applicable to Common Shares and Net Assets, respectively                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |              |                 |          |
| Preferred Stock, par value $0.001 per share (141,000,000 shares authorized, with 40,000,000 shares of preferred stock authorized for each of the Series A1, Series M1, and Series M2 and 20,000,000 shares of preferred stock authorized for the Series AA1 and 1,000,000 shares of preferred stock authorized for the Series A2; 5,163,926 Series A1 shares issued and outstanding; 130,666 Series M1 shares issued and outstanding; 0 Series M2 shares issued and outstanding; 0 Series AA1 shares issued and outstanding; and 187,000 Series A2 shares issued and outstanding as of June 30, 2021) (Note 9)                                                                                                                                                                                               | $                 | —    |               |                 | 137,040  |                 |
| Common stock, par value $0.001 per share (1,852,100,000 common shares authorized; 390,584,255 and 388,419,573 issued and outstanding, respectively) (Note 9)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 391          |                 |               | 388        |               |
| Paid-in capital in excess of par (Note 9 and 12)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 4,056,544    |                 |               | 4,040,748  |               |
| Total distributable earnings (loss) (Note 12)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 83,193       |                 |               | (232,659)       |               |
| Net Assets as of June 30, 2021                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | $                 | —    |               |                 | $             | 3,945,517  |  |
| Net Assets Applicable to Common Shares as of December 31, 2021                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | $                 | 4,140,128  |               |                 | $             | —    |  |
| Net Asset Value Per Common Share (Note 16)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | $                 | 10.60      |               |                 | $             | 9.81       |  |

----

|                                                                                        |                                 |               |                               |               |      |                   |               |  |                   |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------------------|---------------------------------|---------------|-------------------------------|---------------|------|-------------------|---------------|--|-------------------|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                                                                        | Three Months Ended December 31, |               | Six Months Ended December 31, |
|                                                                                   | 2021                            |               | 2020                          |               | 2021 |                   | 2020          |
| Investment Income                                                                      |                                 |               |                               |               |      |                   |               |
| Interest income:                                                                   |                                 |               |                               |               |      |                   |               |
| Control investments                                                                    | $                               | 57,110   |                               |               | $    | 50,633       |               |  | $                 | 112,941  |  |  | $ | 99,360   |  |
| Affiliate investments                                                                  | 6,675                      |               |                               | 10,826   |      |                   | 16,752   |  |                   | 18,188   |  |
| Non-control/non-affiliate investments                                              | 60,132                     |               |                               | 52,029   |      |                   | 117,661  |  |                   | 103,279  |  |
| Structured credit securities                                                           | 18,256                     |               |                               | 31,299   |      |                   | 41,090   |  |                   | 56,199   |  |
| Total interest income                                                                  | 142,173                    |               |                               | 144,787  |      |                   | 288,444  |  |                   | 277,026  |  |
| Dividend income:                                                                   |                                 |               |                               |               |      |                   |               |
| Control investments                                                                    | 5,687                      |               |                               | 2,261    |      |                   | 6,937    |  |                   | 2,261    |  |
| Affiliate investments                                                                  | —                    |               |                               | —  |      |                   | —  |  |                   | —  |  |
| Non-control/non-affiliate investments                                              | 17                         |               |                               | 19       |      |                   | 34       |  |                   | 44       |  |
| Total dividend income                                                                  | 5,704                      |               |                               | 2,280    |      |                   | 6,971    |  |                   | 2,305    |  |
| Other income:                                                                      |                                 |               |                               |               |      |                   |               |
| Control investments                                                                    | 11,703                     |               |                               | 20,545   |      |                   | 28,735   |  |                   | 29,616   |  |
| Affiliate investments                                                                  | 126                        |               |                               | 64       |      |                   | 3,942    |  |                   | 64       |  |
| Non-control/non-affiliate investments                                              | 15,670                     |               |                               | 4,616    |      |                   | 16,758   |  |                   | 6,161    |  |
| Total other income (Note 10)                                                           | 27,499                     |               |                               | 25,225   |      |                   | 49,435   |  |                   | 35,841   |  |
| Total Investment Income                                                                | 175,376                    |               |                               | 172,292  |      |                   | 344,850  |  |                   | 315,172  |  |
| Operating Expenses                                                                     |                                 |               |                               |               |      |                   |               |
| Base management fee (Note 13)                                                          | 33,843                     |               |                               | 27,833   |      |                   | 66,046   |  |                   | 54,683   |  |
| Income incentive fee (Note 13)                                                         | 19,589                     |               |                               | 20,717   |      |                   | 39,329   |  |                   | 35,103   |  |
| Interest and credit facility expenses                                                  | 29,679                     |               |                               | 33,727   |      |                   | 57,717   |  |                   | 67,776   |  |
| Allocation of overhead from Prospect Administration (Note 13)                          | 2,239                      |               |                               | 3,426    |      |                   | 6,765    |  |                   | 8,083    |  |
| Audit, compliance and tax related fees                                                 | 329                        |               |                               | 340      |      |                   | 946      |  |                   | 1,278    |  |
| Directors’ fees                                                                  | 113                        |               |                               | 113      |      |                   | 229      |  |                   | 226      |  |
| Excise tax                                                                             | —                    |               |                               | —  |      |                   | —  |  |                   | —  |  |
| Other general and administrative expenses                                              | 4,027                      |               |                               | 4,575    |      |                   | 6,892    |  |                   | 8,917    |  |
| Total Operating Expenses                                                               | 89,819                     |               |                               | 90,731   |      |                   | 177,924  |  |                   | 176,066  |  |
| Net Investment Income                                                                  | 85,557                     |               |                               | 81,561   |      |                   | 166,926  |  |                   | 139,106  |  |
| Net Realized and Net Change in Unrealized Gains (Losses) from Investments              |                                 |               |                               |               |      |                   |               |
| Net realized gains (losses)                                                            |                                 |               |                               |               |      |                   |               |
| Control investments                                                                    | 3                          |               |                               | —  |      |                   | 6        |  |                   | 2,832    |  |
| Affiliate investments                                                                  | —                    |               |                               | 3,724    |      |                   | —  |  |                   | 3,724    |  |
| Non-control/non-affiliate investments                                              | (9,230)                         |               |                               | 3        |      |                   | (9,834)       |  |                   | 14       |  |
| Net realized (losses) gains                                                            | (9,227)                         |               |                               | 3,727    |      |                   | (9,828)       |  |                   | 6,570    |  |
| Net change in unrealized gains                                                         |                                 |               |                               |               |      |                   |               |
| Control investments                                                                    | 134,066                    |               |                               | 168,053  |      |                   | 256,396  |  |                   | 181,588  |  |
| Affiliate investments                                                                  | 31,589                     |               |                               | 19,233   |      |                   | 37,626   |  |                   | 85,706   |  |
| Non-control/non-affiliate investments                                              | 15,479                     |               |                               | 38,487   |      |                   | 23,832   |  |                   | 66,323   |  |
| Net change in unrealized gains                                                         | 181,134                    |               |                               | 225,773  |      |                   | 317,854  |  |                   | 333,617  |  |
| Net Realized and Net Change in Unrealized Gains from Investments                       | 171,907                    |               |                               | 229,500  |      |                   | 308,026  |  |                   | 340,187  |  |
| Net realized (losses) on extinguishment of debt                                        | (3,851)                         |               |                               | (5,094)       |      |                   | (9,208)       |  |                   | (5,580)       |  |
| Net Increase in Net Assets Resulting from Operations                                   | 253,613                    |               |                               | 305,967  |      |                   | 465,744  |  |                   | 473,713  |  |
| Preferred stock dividend                                                               | 7,202                      |               |                               | 46       |      |                   | 9,609    |  |                   | 46       |  |
| Net Increase in Net Assets Resulting from Operations applicable to Common Stockholders | $                               | 246,411  |                               |               | $    | 305,921      |               |  | $                 | 456,135  |  |  | $ | 473,667  |  |
| Basic and diluted earnings per common share (Note 11)                                  |                                 |               |                               |               |      |                   |               |
| Basic                                                                                  | $                               | 0.63     |                               |               | $    | 0.80         |               |  | $                 | 1.17     |  |  | $ | 1.25     |  |
| Diluted                                                                                | $                               | 0.61     |                               |               | $    | 0.80         |               |  | $                 | 1.13     |  |  | $ | 1.25     |  |
| Weighted-average shares of common stock outstanding (Note 11)                          |                                 |               |                               |               |      |                   |               |
| Basic                                                                                  | 389,991,324                     |               | 381,157,121              |               |      | 389,438,733  |               |  | 378,534,006  |               |
| Diluted                                                                                | 417,952,347                     |               | 381,817,317              |               |      | 412,840,135  |               |  | 378,864,104  |               |

----

|                                                                           |  |                   |  |      |         |                                  |                 |                               |   |                                             |               |          |             |               |                 |  |   |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------|--|-------------------|--|------|---------|----------------------------------|-----------------|-------------------------------|---|---------------------------------------------|---------------|----------|-------------|---------------|-----------------|--|---|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                           |  | Common Stock      |  |      |         |                                  |
| For the Three Months Ended December 31, 2021                              |  | Shares            |  | Par  |         | Paid-in-capital in excess of par |                 | Distributable earnings (loss) |   | Total Net Asset Applicable to Common Shares |
| Balance as of September 30, 2021                                          |  | 389,504,713       |  | $390 |         | $                                | 4,035,851  |                               |   | $                                           | (92,978)      |          |             | $             | 3,943,263  |  |
| Net Increase in Net Assets resulting from Operations:                 |  |                   |  |      |         |                                  |                 |                               |   |                                             |
| Net investment income                                                     |  |                   |  |      |         |                                  |                 | 85,557                   |   |                                             | 85,557   |          |
| Net realized losses                                                       |  |                   |  |      |         |                                  |                 | (13,078)                      |   |                                             | (13,078)      |          |
| Net change in unrealized gains                                            |  |                   |  |      |         |                                  |                 | 181,134                  |   |                                             | 181,134  |          |
| Distributions to Shareholders(1)                                          |  |                   |  |      |         |                                  |                 |                               |   |                                             |
| Distributions from earnings                                               |  |                   |  |      |         |                                  |                 | (77,442)                      |   |                                             | (77,442)      |          |
|                                                                           |  |                   |  |      |         |                                  |                 |                               |   |                                             |
| Capital Transactions                                                      |  |                   |  |      |         |                                  |                 |                               |   |                                             |
|                                                                           |  |                   |  |      |         |                                  |                 |                               |   |                                             |
| Reclassification of preferred stock issuance costs to temporary equity(2) |  |                   |  |      |         | 11,970                      |                 |                               |   |                                             | 11,970   |          |
| Shares issued through reinvestment of dividends                           |  | 1,069,426    |  |      | 1  |                                  |                 | 8,633                    |   |                                             |               |          | 8,634  |               |
| Conversion of preferred stock to common stock                             |  | 10,116       |  |      |         |                                  | 90         |                               |   |                                             |               | 90  |             |
|                                                                           |  |                   |  |      |         |                                  |                 |                               |   |                                             |
| Total increase (decrease) for the three months ended December 31, 2021    |  | 1,079,542    |  |      | 1  |                                  |                 | 20,693                   |   |                                             | 176,171  |          |             | 196,865  |                 |
| Balance as of December 31, 2021                                           |  | 390,584,255  |  |      | $       | 391                         |                 |                               | $ | 4,056,544                              |               |          | $           | 83,193   |                 |  | $ | 4,140,128  |  |
|                                                                           |  |                   |  |      |         |                                  |                 |                               |   |                                             |

|                                                             |  |                   |               |                 |                 |                   |         |                                  |         |                               |                 |                  |               |                 |              |  |               |           |                 |  |   |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------|--|-------------------|---------------|-----------------|-----------------|-------------------|---------|----------------------------------|---------|-------------------------------|-----------------|------------------|---------------|-----------------|--------------|--|---------------|-----------|-----------------|--|---|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                             |  | Preferred Stock   |               | Common Stock    |                 |                   |         |                                  |         |                               |
| For the Three Months Ended December 31, 2020                |  | Liquidation Value |               | Shares          |                 | Par               |         | Paid-in capital in excess of par |         | Distributable earnings (loss) |                 | Total Net Assets |
| Balance as of September 30, 2020                            |  | $                 | —  |                 |                 | 378,776,958       |         | $379                             |         | $                             | 3,999,430  |                  |               | $               | (818,782)    |  |               | $         | 3,181,027  |  |
| Net Increase in Net Assets resulting from Operations:   |  |                   |               |                 |                 |                   |         |                                  |         |                               |                 |                  |
| Net investment income                                       |  |                   |               |                 |                 |                   |         |                                  |         | 81,561                   |                 |                  | 81,561   |                 |
| Net realized losses                                         |  |                   |               |                 |                 |                   |         |                                  |         | (1,367)                       |                 |                  | (1,367)       |                 |
| Net change in unrealized gains                              |  |                   |               |                 |                 |                   |         |                                  |         | 225,773                  |                 |                  | 225,773  |                 |
| Distributions to Shareholders(1)                            |  |                   |               |                 |                 |                   |         |                                  |         |                               |                 |                  |
| Distributions from earnings                                 |  |                   |               |                 |                 |                   |         |                                  |         | (68,870)                      |                 |                  | (68,870)      |                 |
|                                                             |  |                   |               |                 |                 |                   |         |                                  |         |                               |                 |                  |
| Capital Transactions                                        |  |                   |               |                 |                 |                   |         |                                  |         |                               |                 |                  |
| Issuance of preferred stock                                 |  | 13,786       |               |                 |                 |                   |         |                                  | (2,031) |                               |                 |                  |               | 11,755     |              |
| Shares issued through reinvestment of dividends             |  |                   |               | 5,320,687  |                 |                   | 5  |                                  |         | 26,636                   |                 |                  |               |                 | 26,641  |  |
| Tax reclassifications of net assets (Note 12)               |  |                   |               |                 |                 |                   |         | (57)                             |         |                               | 57         |                  |               | —    |              |
| Total increase for the three months ended December 31, 2020 |  | 13,786       |               |                 | 5,320,687  |                   |         | 5                           |         |                               | 24,548     |                  |               | 237,154    |              |  | 275,493  |           |
| Balance as of December 31, 2020                             |  | $                 | 13,786   |                 |                 | 384,097,645  |         |                                  | $       | 384                      |                 |                  | $             | 4,023,978  |              |  | $             | (581,628) |                 |  | $ | 3,456,520  |  |

----

|                                                                           |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |               |                 |           |              |               |              |                 |  |   |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------|--|-------------------|---------------|--------------|-----------------|-------------------|--|----------------------------------|-----------|-------------------------------|-----------------|----------------------------------------------|---------------|-----------------|-----------|--------------|---------------|--------------|-----------------|--|---|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                           |  | Preferred Stock   |               | Common Stock |                 |                   |  |                                  |           |                               |
| Six Months Ended December 31, 2021                                        |  | Liquidation Value |               | Shares       |                 | Par               |  | Paid-in capital in excess of par |           | Distributable earnings (loss) |                 | Total Net Assets Applicable to Common Shares |
| Balance as of June 30, 2021                                               |  | $                 | 137,040  |              |                 | 388,419,573       |  | $388                             |           | $                             | 4,040,748  |                                              |               | $               | (232,659) |              |               | $            | 3,945,517  |  |
| Net Increase in Net Assets Resulting from Operations:                 |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |
| Net investment income                                                     |  |                   |               |              |                 |                   |  |                                  |           | 166,926                  |                 |                                              | 166,926  |                 |
| Net realized losses                                                       |  |                   |               |              |                 |                   |  |                                  |           | (19,036)                      |                 |                                              | (19,036)      |                 |
| Net change in unrealized gains                                            |  |                   |               |              |                 |                   |  |                                  |           | 317,854                  |                 |                                              | 317,854  |                 |
| Distributions to Shareholders(1)                                          |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |
| Distributions from earnings                                               |  |                   |               |              |                 |                   |  |                                  |           | (149,892)                     |                 |                                              | (149,892)     |                 |
|                                                                           |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |
| Capital Transactions                                                      |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |
| Issuance of preferred stock                                               |  | 7,866        |               |              |                 |                   |  |                                  | (13,239)  |                               |                 |                                              |               | (5,373)         |           |
| Reclassification of preferred stock issuance costs to temporary equity(3) |  |                   |               |              |                 |                   |  | 11,970                      |           |                               |                 |                                              | 11,970   |                 |
| Shares issued through reinvestment of dividends                           |  | 8            |               |              | 2,148,594  |                   |  | 3                           |           |                               | 16,921     |                                              |               |                 |           | 16,932  |               |
| Conversion of preferred stock to common stock                             |  |                   |               | 16,088  |                 |                   |  |                                  | 144  |                               |                 |                                              |               | 144        |           |
| Reclassification of preferred stock to temporary equity(2)                |  | (144,914)         |               |              |                 |                   |  |                                  |           |                               |                 |                                              | (144,914)     |                 |
|                                                                           |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |
| Total (decrease) increase for the six months ended December 31, 2021      |  | (137,040)         |               |              | 2,164,682  |                   |  | 3                           |           |                               | 15,796     |                                              |               | 315,852    |           |              | 194,611  |              |
| Balance as of December 31, 2021                                           |  | $                 | —  |              |                 | 390,584,255  |  |                                  | $         | 391                      |                 |                                              | $             | 4,056,544  |           |              | $             | 83,193  |                 |  | $ | 4,140,128  |  |
|                                                                           |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |
|                                                                           |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |
|                                                                           |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |
|                                                                           |  |                   |               |              |                 |                   |  |                                  |           |                               |                 |                                              |

|                                                           |  |                   |               |                  |                  |                   |          |                                  |         |                               |              |                  |               |                 |              |  |               |           |  |  |   |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------|--|-------------------|---------------|------------------|------------------|-------------------|----------|----------------------------------|---------|-------------------------------|--------------|------------------|---------------|-----------------|--------------|--|---------------|-----------|--|--|---|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                           |  | Preferred Stock   |               | Common Stock     |                  |                   |          |                                  |         |                               |
| Six Months Ended December 31, 2020                        |  | Liquidation Value |               | Shares           |                  | Par               |          | Paid-in capital in excess of par |         | Distributable earnings (loss) |              | Total Net Assets |
| Balance as of June 30, 2020                               |  | $                 | —  |                  |                  | 373,538,499  |          |                                  | $       | 374                      |              |                  | $             | 3,986,417  |              |  | $             | (930,930) |  |  | $ | 3,055,861  |  |
| Net Increase in Net Assets Resulting from Operations: |  |                   |               |                  |                  |                   |          |                                  |         |                               |              |                  |
| Net investment income                                     |  |                   |               |                  |                  |                   |          |                                  |         | 139,106                  |              |                  | 139,106  |                 |
| Net realized gains                                        |  |                   |               |                  |                  |                   |          |                                  |         | 990                      |              |                  | 990      |                 |
| Net change in unrealized gains                            |  |                   |               |                  |                  |                   |          |                                  |         | 333,617                  |              |                  | 333,617  |                 |
| Distributions to Shareholders(1)                          |  |                   |               |                  |                  |                   |          |                                  |         |                               |              |                  |
| Distributions from earnings                               |  |                   |               |                  |                  |                   |          |                                  |         | (124,468)                     |              |                  | (124,468)     |                 |
| Return of capital to common stockholders                  |  |                   |               |                  |                  |                   |          | (12,263)                         |         |                               |              |                  | (12,263)      |                 |
| Capital Transactions                                      |  |                   |               |                  |                  |                   |          |                                  |         |                               |              |                  |
| Issuance of Preferred Stock                               |  | 13,786       |               |                  |                  |                   |          |                                  | (2,031) |                               |              |                  |               | 11,755     |              |
| Shares issued through reinvestment of dividends           |  |                   |               | 10,559,146  |                  |                   | 10  |                                  |         | 51,912                   |              |                  |               |                 | 51,922  |  |
| Tax reclassifications of net assets (Note 12)             |  |                   |               |                  |                  |                   |          | (57)                             |         |                               | 57      |                  |               | —    |              |
| Total increase for the six months ended December 31, 2020 |  | 13,786       |               |                  | 10,559,146  |                   |          | 10                          |         |                               | 37,561  |                  |               | 349,302    |              |  | 400,659  |           |
| Balance as of December 31, 2020                           |  | $                 | 13,786   |                  |                  | 384,097,645  |          |                                  | $       | 384                      |              |                  | $             | 4,023,978  |              |  | $             | (581,628) |  |  | $ | 3,456,520  |  |

----

|                                                                          |                               |               |      |               |   |               |  |  |  |  |  |  |  |
|--------------------------------------------------------------------------|-------------------------------|---------------|------|---------------|---|---------------|--|--|--|--|--|--|--|
|                                                                     | Six Months Ended December 31, |
|                                                                     | 2021                          |               | 2020 |               |   |
| Operating Activities                                                     |                               |               |      |               |   |
| Net increase in net assets resulting from operations                     | $                             | 465,744  |      |               | $ | 473,713  |  |  |  |
| Net realized losses on extinguishment of debt                            | 9,208                    |               |      | 5,580    |   |               |  |
| Net realized losses (gains) on investments                               | 9,828                    |               |      | (6,570)       |   |               |  |
| Net change in unrealized (gains) on investments                          | (317,854)                     |               |      | (333,617)     |   |               |  |
| Amortization of (accretion of premiums) discounts, net                   | 28,767                   |               |      | (20,161)      |   |               |  |
| Accretion of original issue discount                                     | 1,319                    |               |      | 538      |   |               |  |
| Amortization of deferred financing costs                                 | 4,105                    |               |      | 3,770    |   |               |  |
| Payment-in-kind interest                                                 | (34,712)                      |               |      | (37,824)      |   |               |  |
| Structuring fees                                                         | (14,844)                      |               |      | (14,273)      |   |               |  |
| Change in operating assets and liabilities:                          |                               |               |      |               |   |
| Payments for purchases of investments                                    | (1,230,485)                   |               |      | (470,622)     |   |               |  |
| Proceeds from sale of investments and collection of investment principal | 758,232                  |               |      | 489,990  |   |               |  |
| Increase in due to broker                                                | 9,896                    |               |      | 30       |   |               |  |
| Increase in due to Prospect Capital Management                           | 4,827                    |               |      | 6,069    |   |               |  |
| Increase in interest receivable, net                                     | (3,150)                       |               |      | (2,031)       |   |               |  |
| Decrease in interest payable                                             | (503)                         |               |      | (1,879)       |   |               |  |
|                                                                          |                               |               |      |               |   |
| Decrease in accrued expenses                                             | (2,084)                       |               |      | (136)         |   |               |  |
| Decrease in due from broker                                              | 12,551                   |               |      | 1,063    |   |               |  |
|                                                                          |                               |               |      |               |   |
| Increase (Decrease) in other liabilities                                 | 540                      |               |      | (1,124)       |   |               |  |
| Increase in other receivables                                            | (279)                         |               |      | (2,800)       |   |               |  |
|                                                                          |                               |               |      |               |   |
| Increase in due from affiliate                                           | —                  |               |      | (6)           |   |               |  |
| Decrease in prepaid expenses                                             | 533                      |               |      | 698      |   |               |  |
| (Decrease) Increase in due to Prospect Administration                    | (3,224)                       |               |      | 2,240    |   |               |  |
| Net Cash (Used in) Provided by Operating Activities                      | (301,585)                     |               |      | 92,648   |   |               |  |
| Financing Activities                                                     |                               |               |      |               |   |
| Borrowings under Revolving Credit Facility (Note 4)                      | 968,618                  |               |      | 495,300  |   |               |  |
| Principal payments under Revolving Credit Facility (Note 4)              | (852,947)                     |               |      | (447,941)     |   |               |  |
| Issuances of Public Notes, net of original issue discount (Note 6)       | 294,798                  |               |      | —  |   |               |  |
| Redemptions of Public Notes (Note 6)                                     | (69,319)                      |               |      | (42,337)      |   |               |  |
| Redemptions of Convertible Notes, net (Note 5)                           | (51,872)                      |               |      | (96,958)      |   |               |  |
|                                                                          |                               |               |      |               |   |
| Issuances of Prospect Capital InterNotes® (Note 7)                  | 120,322                  |               |      | 81,467   |   |               |  |
| Redemptions of Prospect Capital InterNotes®, net (Note 7)           | (288,496)                     |               |      | (2,689)       |   |               |  |
| Financing costs paid and deferred                                        | (7,773)                       |               |      | (1,534)       |   |               |  |
|                                                                          |                               |               |      |               |   |
|                                                                          |                               |               |      |               |   |
|                                                                          |                               |               |      |               |   |
| Proceeds from issuance of preferred stock, net of underwriting costs     | 304,079                  |               |      | 12,407   |   |               |  |
| Offering costs from issuance of preferred stock                          | (3,053)                       |               |      | (652)         |   |               |  |
| Dividends paid and distributions to stockholders                         | (131,356)                     |               |      | (84,175)      |   |               |  |
| Net Cash Provided by (Used in) Financing Activities                      | 283,001                  |               |      | (87,112)      |   |               |  |
| Net (Decrease) Increase in Cash                                          | (18,584)                      |               |      | 5,536    |   |               |  |
| Cash at beginning of period                                              | 63,610                   |               |      | 44,561   |   |               |  |
| Cash at End of Period                                                    | $                             | 45,026   |      |               | $ | 50,097   |  |  |  |
| Supplemental Disclosures                                                 |                               |               |      |               |   |
| Cash paid for interest                                                   | $                             | 52,796   |      |               | $ | 65,346   |  |  |  |
|                                                                          |                               |               |      |               |   |
| Non-Cash Financing Activities                                            |                               |               |      |               |   |
| Value of shares issued through reinvestment of dividends                 | $                             | 17,033   |      |               | $ | 51,922   |  |  |  |
|                                                                          |                               |               |      |               |   |
|                                                                          |                               |               |      |               |   |

----

|                                                                           |                                      |                                     |                      |                                    |         |                   |                               |                |              |                           |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------|--------------------------------------|-------------------------------------|----------------------|------------------------------------|---------|-------------------|-------------------------------|----------------|--------------|---------------------------|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                           |                                      |                                     |                      |                                    |         |                   | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                                    | Industry                             | Investments(1)(37)                  | Acquisition Date(44) | Coupon/Yield                   | Floor   | Legal Maturity    | Principal Value               | Amortized Cost | FairValue(2) | % of Net Assets |          |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                               |                |              |                           |          |
| Control Investments (greater than 25.00% voting control)(40)              |                                      |                                     |                      |                                    |         |                   |                               |                |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                               |                |              |                           |          |
| CP Energy Services Inc. (20)                                              | Energy Equipment & Services      | Senior Secured Term Loan            | 10/1/2017    | 12.00% (3ML+ 11.00%)               | 1.00    | 1/31/2024 | $44,002                       | $44,002        | $44,002      | 1.1%                      | (10)(39) |
| Senior Secured Term Loan A to Spartan Energy Services, LLC                | 10/20/2014                   | 9.00% (1ML+ 8.00%)                  | 1.00                 | 12/31/2022                 | 16,019  | 16,019            | 16,019                        | 0.4%           | (10)(39)     |
| Series A Preferred Units to Spartan Energy Holdings, Inc. (10,000 shares) | 9/25/2020                    |                                     | —              | N/A                            | — | 26,193            | 15,717                        | 0.4%           | (16)         |
| Series B Convertible Preferred Stock (790 shares)                         | 10/30/2015                   |                                     | —              | N/A                            | — | 63,225            | —                       | —%       | (16)         |
| Common Stock (102,924 shares)                                             | 8/2/2013                     |                                     | —              | N/A                            | — | 86,240            | —                       | —%       | (16)         |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                     | 235,679        | 75,738       | 1.9%                      |          |
| Credit Central Loan Company, LLC (21)                                     | Consumer Finance                     | First Lien Term Loan                | 12/28/2012   | 10.00% plus 10.00% PIK             | — | 6/30/2025 | 71,695                        | 69,440         | 71,695       | 1.8%                      | (14)(39) |
| Class A Units (14,867,312 units)                                          | 12/28/2012                   |                                     | —              | N/A                            | — | 19,331            | 17,830                        | 0.4%           | (14)(16)     |
| Net Revenues Interest (25% of Net Revenues)                               | 1/28/2015                    |                                     | —              | N/A                            | — | —           | —                       | —%       | (14)(16)     |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                     | 88,771         | 89,525       | 2.2%                      |          |
| Echelon Transportation, LLC                                               | Aerospace & Defense              | Senior Secured Term Loan            | 3/31/2014    | 11.75% (1ML+ 9.75%) plus 2.25% PIK | 2.00    | 3/31/2022 | 56,168                        | 56,168         | 55,816       | 1.3%                      | (10)(39) |
| Senior Secured Term Loan                                                  | 12/9/2016                    | 11.00% (1ML+ 9.00%) plus 1.00% PIK  | 2.00                 | 12/7/2024                  | 24,342  | 24,342            | 24,189                        | 0.6%           | (10)(39)     |
| Membership Interest (100%)                                                | 3/31/2014                    |                                     | —              | N/A                            | — | 22,738            | —                       | —%       | (16)         |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                     | 103,248        | 80,005       | 1.9%                      |          |
| First Tower Finance Company LLC (23)                                      | Consumer Finance                     | First Lien Term Loan                | 6/24/2014    | 10.00% plus 12.00% PIK             | — | 2/18/2025 | 330,799                       | 330,799        | 330,799      | 8.1%                      | (14)(39) |
| Class A Units (95,709,910 units)                                          | 6/14/2012                    |                                     | —              | N/A                            | — | 31,146            | 294,298                       | 7.1%           | (14)(16)     |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                     | 361,945        | 625,097      | 15.2%                     |          |
| Freedom Marine Solutions, LLC (24)                                        | Energy Equipment & Services      | Membership Interest (100%)          | 11/9/2006    |                                    | — | N/A           | —                       | 44,492         | 11,867       | 0.3%                      | (16)     |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                     | 44,492         | 11,867       | 0.3%                      |          |
| InterDent, Inc.                                                           | Health Care Providers & Services | Senior Secured Term Loan A/B    | 8/1/2018     | 16.65% (1ML+ 14.65%)               | 2.00    | 9/5/2022  | 14,249                        | 14,249         | 14,249       | 0.3%                      | (10)     |
| Senior Secured Term Loan A                                                | 8/3/2012                     | 6.50% (1ML+ 5.50%)                  | 1.00                 | 9/5/2022                   | 86,773  | 86,773            | 86,773                        | 2.1%           | (10)         |
| Senior Secured Term Loan B                                                | 8/3/2012                     | 12.00% PIK                          | —              | 9/5/2022                   | 153,052 | 153,052           | 153,052                       | 3.7%           | (39)         |
| Common Stock (99,900 shares)                                              | 5/3/2019                     |                                     | —              | N/A                            | — | 45,118            | 194,060                       | 4.8%           | (16)         |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                     | 299,192        | 448,134      | 10.9%                     |          |
| Kickapoo Ranch Pet Resort                                                 | Diversified Consumer Services        | Membership Interest (100%)          | 8/26/2019    |                                    | — | N/A           | —                       | 2,378          | 3,833        | 0.1%                      | (16)     |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                     | 2,378          | 3,833        | 0.1%                      |          |
| MITY, Inc. (25)                                                           | Commercial Services & Supplies   | Senior Secured Note A               | 9/19/2013    | 10.00% (3ML+ 7.00%)                | 3.00    | 4/30/2025 | 31,426                        | 31,426         | 31,426       | 0.8%                      | (10)(39) |
| Senior Secured Note B                                                     | 6/23/2014                    | 10.00% (3ML+ 7.00%) plus 10.00% PIK | 3.00                 | 4/30/2025                  | 17,815  | 17,815            | 17,815                        | 0.4%           | (10)(39)     |
| Subordinated Unsecured Note to Broda Enterprises ULC                      | 9/19/2013                    | 10.00%                              | —              | 1/1/2028                   | 5,824   | 7,200             | 5,824                         | 0.1%           | (14)         |
| Common Stock (42,053 shares)                                              | 9/19/2013                    |                                     | —              | N/A                            | — | 27,349            | —                       | —%       | (16)         |
|                                                                           |                                      |                                     |                      |                                    |         |                   |                     | 83,790         | 55,065       | 1.3%                      |          |

----

|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                               |                |              |                           |              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------|--------------------------------------------------------------------------------------------|----------------------------------------------------------------|----------------------|-----------------------------------|---------|--------------------|-------------------------------|----------------|--------------|---------------------------|--------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                       | Industry                                                                                   | Investments(1)(37)                                             | Acquisition Date(44) | Coupon/Yield                  | Floor   | Legal Maturity     | Principal Value               | Amortized Cost | FairValue(2) | % of Net Assets |              |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                               |                |              |                           |              |
| Control Investments (greater than 25.00% voting control)(40) |                                                                                            |                                                                |                      |                                   |         |                    |                               |                |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                               |                |              |                           |              |
| National Property REIT Corp. (26)                            | Equity Real Estate Investment Trusts (REITs) / Online Lending / Structured Finance | Senior Secured Term Loan A                                     | 12/31/2018   | 4.44% (3ML+ 1.44%) plus 3.53% PIK | 3.00    | 12/31/2023 | $287,150                      | $287,150       | $287,150     | 6.9%                      | (10)(39)     |
| Senior Secured Term Loan B                                   | 12/31/2018                                                                         | 5.00% (3ML+ 2.00%) plus 5.50% PIK                              | 3.00                 | 12/31/2023                | 6,600   | 6,600              | 6,600                         | 0.2%           | (10)(39)     |
| Senior Secured Term Loan C                                   | 10/31/2019                                                                         | 11.00% (3ML+ 10.00%) plus 2.25% PIK                            | 1.00                 | 12/31/2023                | 108,600 | 108,600            | 108,600                       | 2.6%           | (10)(39)     |
| Senior Secured Term Loan D                                   | 6/19/2020                                                                          | 3.50% (3ML+ 0.50%) plus 2.50% PIK                              | 3.00                 | 12/31/2023                | 183,425 | 183,425            | 183,425                       | 4.4%           | (10)(39)     |
| Residual Profit Interest                                     | 12/31/2018                                                                         |                                                                | —              | N/A                           | — | —            | 50,700                        | 1.2%           | (35)         |
| Common Stock (3,274,921 shares)                              | 12/31/2013                                                                         |                                                                | —              | N/A                           | — | 3,410              | 587,323                       | 14.1%          | (16)(45)     |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                     | 589,185        | 1,223,798    | 29.4%                     |              |
| Nationwide Loan Company LLC (27)                             | Consumer Finance                                                                           | First Lien Term Loan                                           | 6/18/2014    | 10.00% plus 10.00% PIK            | — | 6/18/2022  | 20,260                        | 20,260         | 20,260       | 0.5%                      | (14)(39)     |
| Class A Units (38,550,460 units)                             | 1/31/2013                                                                          |                                                                | —              | N/A                           | — | 20,846             | 29,963                        | 0.7%           | (14)         |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                     | 41,106         | 50,223       | 1.2%                      |              |
| NMMB, Inc. (28)                                              | Media                                                                                      | Delayed Draw Term Loan - $10,000 Commitment                    | 3/25/2020    | 10.50% (3ML+ 8.50%)               | 2.00    | 12/30/2024 | —                       | —        | —      | —%                  | (10)(15)     |
| Senior Secured Note                                          | 12/30/2019                                                                         | 10.50% (3ML+ 8.50%)                                            | 2.00                 | 12/30/2024                | 4,798   | 4,798              | 4,798                         | 0.1%           | (3)(10)      |
| Common Stock (21,418 shares)                                 | 12/30/2019                                                                         |                                                                | —              | N/A                           | — | 12,869             | 73,917                        | 1.8%           |              |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                     | 17,667         | 78,715       | 1.9%                      |              |
| Pacific World Corporation (36)                               | Personal Products                                                                          | Revolving Line of Credit - $26,000 Commitment                  | 9/26/2014    | 8.25% (1ML+ 7.25%)                | 1.00    | 9/26/2025  | 25,647                        | 25,647         | 25,647       | 0.6%                      | (10)(15)(39) |
| Senior Secured Term Loan A                                   | 12/31/2014                                                                         | 6.25% PIK (1ML+ 5.25%)                                         | 1.00                 | 9/26/2025                 | 42,972  | 42,972             | 38,589                        | 0.9%           | (10)(39)     |
| Convertible Preferred Equity (313,013 shares)                | 6/15/2018                                                                          |                                                                | —              | N/A                           | 2,500   | 189,295            | 615                           | —%       | (16)         |
| Common Stock (6,778,414 shares)                              | 9/29/2017                                                                          |                                                                | —              | N/A                           | — | —            | —                       | —%       | (16)         |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                     | 257,914        | 64,851       | 1.5%                      |              |
| R-V Industries, Inc.                                         | Machinery                                                                                  | Senior Secured Term Loan                                       | 12/15/2020   | 10.00% (3ML+ 9.00%)               | 1.00    | 12/15/2028 | 28,622                        | 28,622         | 28,622       | 0.7%                      | (3)(10)      |
| Common Stock (745,107 shares)                                | 6/26/2007                                                                          |                                                                | —              | N/A                           | — | 6,866              | 22,870                        | 0.6%           |              |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                     | 35,488         | 51,492       | 1.3%                      |              |
| Universal Turbine Parts, LLC (34)                            | Trading Companies & Distributors                                                       | Delayed Draw Term Loan - $6,965 Commitment                     | 2/28/2019    | 10.25% (1ML+ 7.75%)               | 2.50    | 4/5/2024   | 3,157                         | 3,157          | 3,157        | 0.1%                      | (10)(15)     |
| Senior Secured Term Loan A                                   | 7/22/2016                                                                          | 6.75% (3ML+ 5.75%)                                             | 1.00                 | 4/5/2024                  | 29,575  | 29,575             | 24,199                        | 0.6%           | (10)         |
| Preferred Units (47,244,213 units)                           | 3/31/2021                                                                          |                                                                | —              | N/A                           | — | 32,500             | —                       | —%       | (16)         |
| Common Stock (10,000 units)                                  | 12/10/2018                                                                         |                                                                | —              | N/A                           | — | —            | —                       | —%       | (16)         |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                     | 65,232         | 27,356       | 0.7%                      |              |
| USES Corp. (30)                                              | Commercial Services & Supplies                                                         | Senior Secured Term Loan A                                     | 3/31/2014    | 9.00% PIK                         | — | 7/29/2024  | 57,702                        | 30,651         | 23,707       | 0.6%                      | (9)          |
| Senior Secured Term Loan B                                   | 3/31/2014                                                                          | 15.50% PIK                                                     | —              | 7/29/2024                 | 83,828  | 35,568             | —                       | —%       | (9)          |
| Senior Secured Term Loan                                     | 12/30/2020                                                                         | 10.00% (1ML+ 9.00%)                                            | 1.00                 | 7/29/2024                 | 2,000   | 2,000              | 2,000                         | —%       | (10)         |
| Common Stock (268,962 shares)                                | 6/15/2016                                                                          |                                                                | —              | N/A                           | — | —            | —                       | —%       | (16)         |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                     | 68,219         | 25,707       | 0.6%                      |              |
| Valley Electric Company, Inc. (31)                           | Construction & Engineering                                                             | Senior Secured Note to Valley Electric Co. of Mt. Vernon, Inc. | 12/31/2012   | 8.00% (3ML+ 5.00%) plus 2.50% PIK | 3.00    | 12/31/2024 | 10,430                        | 10,430         | 10,430       | 0.3%                      | (3)(10)(39)  |
| Senior Secured Note                                          | 6/24/2014                                                                          | 8.00% plus 10.00% PIK                                          | —              | 6/23/2024                 | 33,301  | 33,301             | 33,301                        | 0.8%           | (39)         |
| Consolidated Revenue Interest (2.00%)                        | 6/22/2018                                                                          |                                                                | —              | N/A                           | — | —            | 1,552                         | —%       | (12)         |
| Common Stock (50,000 shares)                                 | 12/31/2012                                                                         |                                                                | —              | N/A                           | — | 26,204             | 101,234                       | 2.4%           |              |
|                                                              |                                                                                            |                                                                |                      |                                   |         |                    |                     | 69,935         | 146,517      | 3.5%                      |              |
| Total Control Investments (Level 3)                          | $2,364,241                                                                                 | $3,057,923                                                     | 73.9%                |                                   |

----

|                                                            |                                            |                                 |                      |                    |                   |                |                               |                |               |                           |   |               |   |           |               |            |               |   |      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------------------------------------|--------------------------------------------|---------------------------------|----------------------|--------------------|-------------------|----------------|-------------------------------|----------------|---------------|---------------------------|---|---------------|---|-----------|---------------|------------|---------------|---|------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                            |                                            |                                 |                      |                    |                   |                | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                     | Industry                                   | Investments(1)(37)              | Acquisition Date(44) | Coupon/Yield   | Floor             | Legal Maturity | Principal Value               | Amortized Cost | FairValue(2)  | % of Net Assets |   |
|                                                            |                                            |                                 |                      |                    |                   |                |                               |                |               |                           |   |
| Affiliate Investments (5.00% to 24.99% voting control)(41) |                                            |                                 |                      |                    |                   |                |                               |                |               |
|                                                            |                                            |                                 |                      |                    |                   |                |                               |                |               |                           |   |
|  Nixon, Inc. (32)                                     |  Textiles, Apparel & Luxury Goods | Common Stock (857 units)        | 5/12/2017    |                    | —      |                | N/A                       | $              | —  |                           | $ | —  |   | $         | —  |            | —  | % | (16) |
|                                                            |                                            |                                 |                      |                    |                   |                |                               | —   |               | —              |   | —  | % |           |
| PGX Holdings, Inc. (6)                                     | Diversified Consumer Services              | First Lien Term Loan            | 7/21/2021    | 9.25% (1ML+ 7.75%) | 1.50         |                | 7/21/2026             | 67,818    |               | 67,818               |   | 67,818   |   | 1.6  | %             | (3)(8)(10) |
| Second Lien Term Loan                                      | 7/21/2021                          | 13.25% (1ML+ 11.75%)            | 1.50            |                    | 7/27/2027 | 153,931   |                               | 153,931   |               | 153,931              |   | 3.7      | % | (3)(10)   |
| Common Stock (40,780,359 shares)                           | 5/27/2020                          |                                 | —         |                    | N/A           | —   |                               | —   |               | 153,759              |   | 3.7      | % | (16)      |
|                                                            |                                            |                                 |                      |                    |         |                |                               | 221,749   |               | 375,508              |   | 9.0      | % |           |
|  RGIS Services, LLC                                   |  Commercial Services & Supplies   | Senior Secured Term Loan        | 6/25/2020    | 8.50% (2ML+ 7.50%) | 1.00         |                | 6/25/2025             | 3,680     |               | 3,680                |   | 3,680    |   | 0.1  | %             | (8)(10)    |
| Membership Interest (5.11%)                                | 6/25/2020                          |                                 | —         |                    | N/A           | —   |                               | 10,303    |               | 15,256               |   | 0.4      | % |           |
|                                                            |                                            |                                 |                      |                    |         |                |                     | 13,983    |               | 18,936               |   | 0.5      | % |           |
| Targus Cayman HoldCo Limited (33)                          | Textiles, Apparel & Luxury Goods       | Common Stock (7,383,395 shares) | 2/12/2016    |                    | —      |                | N/A                       | —   |               | 2,805                |   | 35,510   |   | 0.9  | %             | (16)       |
|                                                            |                                            |                                 |                      |                    |                   |                |                               | 2,805     |               | 35,510               |   | 0.9      | % |           |
| Total Affiliate Investments (Level 3)                      | $                                          | 238,537                    |                      | $                  | 429,954      |                | 10.4                     | %              |               |

----

|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                               |                |               |                           |               |               |               |               |              |             |           |   |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|--------------------------------------|--------------------------------------------------------|----------------------|-----------------------------------------|-------------------|--------------------|-------------------------------|----------------|---------------|---------------------------|---------------|---------------|---------------|---------------|--------------|-------------|-----------|---|------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                      |                                                        |                      |                                         |                   |                    | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                                     | Industry                             | Investments(1)(37)                                     | Acquisition Date(44) | Coupon/Yield                        | Floor             | Legal Maturity     | Principal Value               | Amortized Cost | FairValue(2)  | % of Net Assets |               |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                               |                |               |                           |               |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                      |                                                        |                      |                                         |                   |                    |                               |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                               |                |               |                           |               |
| 8th Avenue Food & Provisions, Inc.                                     | Food Products                        | Second Lien Term Loan                                  | 9/21/2018    | 7.85% (1ML+ 7.75%)                      | —      |                    | 10/1/2026             | $              | 32,133   |                           | $             | 31,946   |               | $             | 32,133  |             | 0.8  | % | (3)(8)(10) |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 31,946    |               | 32,133               |               | 0.8      | %             |               |
| ABG Intermediate Holdings 2 LLC                                            | Textiles, Apparel & Luxury Goods | Second Lien Term Loan                                  | 12/20/2021   | 6.65% (SOFR+ 6.15%)                     | 0.50         |                    | 12/20/2029            | 9,000     |               | 8,933                |               | 9,000    |               | 0.2      | %            | (8)(10)     |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 8,933     |               | 9,000                |               | 0.2      | %             |               |
| AmeriLife Holdings, LLC                                                    | Insurance                            | Second Lien Term Loan                                  | 3/18/2020    | 9.50% (6ML+ 8.50%)                      | 1.00         |                    | 3/18/2028             | 22,280    |               | 21,939               |               | 22,280   |               | 0.5      | %            | (3)(8)(10)  |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 21,939    |               | 22,280               |               | 0.5      | %             |               |
| Apidos CLO XI                                                              | Structured Finance                   | Subordinated Structured Note                           | 12/6/2012    | Residual Interest, current yield 8.80%  | —      |                    | 4/17/2034             | 67,783    |               | 37,315               |               | 29,730   |               | 0.7      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 37,315    |               | 29,730               |               | 0.7      | %             |               |
| Apidos CLO XII                                                             | Structured Finance                   | Subordinated Structured Note                           | 3/15/2013    | Residual Interest, current yield 4.71%  | —      |                    | 4/15/2031             | 52,203    |               | 35,874               |               | 29,849   |               | 0.7      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 35,874    |               | 29,849               |               | 0.7      | %             |               |
| Apidos CLO XV                                                              | Structured Finance                   | Subordinated Structured Note                           | 9/13/2013    | Residual Interest, current yield 6.48%  | —      |                    | 4/21/2031             | 48,515    |               | 37,055               |               | 29,064   |               | 0.7      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 37,055    |               | 29,064               |               | 0.7      | %             |               |
| Apidos CLO XXII                                                            | Structured Finance                   | Subordinated Structured Note                           | 9/16/2015    | Residual Interest, current yield 8.31%  | —      |                    | 4/21/2031             | 35,855    |               | 29,748               |               | 25,748   |               | 0.6      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 29,748    |               | 25,748               |               | 0.6      | %             |               |
| Atlantis Health Care Group (Puerto Rico), Inc.                             | Health Care Providers & Services | Revolving Line of Credit - $3,000 Commitment           | 2/21/2013    | 10.75% (3ML+ 8.75%)                     | 2.00         |                    | 4/29/2022             | —   |               | —              |               | —  |               | —  | %            | (10)(15)    |
| Senior Secured Term Loan                                                   | 2/21/2013                    | 10.75% (3ML+ 8.75%)                                    | 2.00            |                                         | 4/29/2022 | 65,756        |                               | 65,756    |               | 65,756               |               | 1.6      | %             | (3)(10)       |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 65,756    |               | 65,756               |               | 1.6      | %             |               |
| Barings CLO 2018-III                                                       | Structured Finance                   | Subordinated Structured Note                           | 10/9/2014    | Residual Interest, current yield 0.00%  | —      |                    | 7/20/2029             | 83,098    |               | 40,097               |               | 31,203   |               | 0.8      | %            | (5)(14)(17) |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 40,097    |               | 31,203               |               | 0.8      | %             |               |
| BCPE North Star US Holdco 2, Inc.                                          | Food Products                        | Delayed Draw Term Loan - $5,185 Commitment             | 6/7/2021     | 8.00% (3ML+ 7.25%)                      | 0.75         |                    | 6/10/2023             | —   |               | —              |               | —  |               | —  | %            | (8)(10)(15) |
| Second Lien Term Loan                                                      | 6/7/2021                     | 8.00% (3ML+ 7.25%)                                     | 0.75            |                                         | 6/11/2029 | 94,815        |                               | 94,538    |               | 94,815               |               | 2.3      | %             | (3)(8)(10)    |
|                                                                            |                                      |                                                        |                      |                                         |         |                    |                     | 94,538    |               | 94,815               |               | 2.3      | %             |               |
| BCPE Osprey Buyer, Inc.                                                    | Health Care Technology               | Revolving Line of Credit - $4,239 Commitment           | 10/18/2021   | 6.50% (3ML+ 5.75%)                      | 0.75         |                    | 8/21/2026             | —   |               | —              |               | —  |               | —  | %            | (8)(10)(15) |
| Delayed Draw Term Loan - $22,609 Commitment                                | 10/18/2021                   | 6.50% (3ML+ 5.75%)                                     | 0.75            |                                         | 8/23/2028 | —       |                               | —   |               | —              |               | —  | %             | (8)(10)(15)   |
| First Lien Term Loan                                                       | 10/18/2021                   | 6.50% (3ML+ 5.75%)                                     | 0.75            |                                         | 8/23/2028 | 65,000        |                               | 65,000    |               | 65,000               |               | 1.6      | %             | (8)(10)       |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                               | 65,000    |               | 65,000               |               | 1.6      | %             |               |
| Broder Bros., Co.                                                          | Textiles, Apparel & Luxury Goods | Senior Secured Note                                    | 12/4/2017    | 8.00% (3ML+ 7.00%)                      | 1.00         |                    | 12/4/2025             | 185,527   |               | 185,527              |               | 185,527  |               | 4.5      | %            | (3)(10)     |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 185,527   |               | 185,527              |               | 4.5      | %             |               |
| Brookside Mill CLO Ltd.                                                    | Structured Finance                   | Subordinated Structured Note                           | 4/25/2013    | Residual Interest, current yield 0.00%  | —      |                    | 1/17/2028             | 36,300    |               | 14,317               |               | 6,023    |               | 0.1      | %            | (5)(14)(17) |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 14,317    |               | 6,023                |               | 0.1      | %             |               |
| California Street CLO IX Ltd.                                              | Structured Finance                   | Subordinated Structured Note                           | 4/19/2012    | Residual Interest, current yield 10.30% | —      |                    | 7/16/2032             | 58,915    |               | 43,425               |               | 30,047   |               | 0.7      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 43,425    |               | 30,047               |               | 0.7      | %             |               |
| Candle-Lite Company, LLC                                                   | Household Products                   | Senior Secured Term Loan A                             | 1/23/2018    | 6.75% (3ML+ 5.50%)                      | 1.25         |                    | 1/23/2023             | 10,112    |               | 10,112               |               | 10,112   |               | 0.2      | %            | (3)(10)     |
| Senior Secured Term Loan B                                                 | 1/23/2018                    | 10.75% (3ML+ 9.50%)                                    | 1.25            |                                         | 1/23/2023 | 10,949        |                               | 10,949    |               | 10,949               |               | 0.3      | %             | (3)(10)       |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 21,061    |               | 21,061               |               | 0.5      | %             |               |
| Capstone Logistics Acquisition, Inc.                                       | Commercial Services & Supplies   | Second Lien Delayed Draw Term Loan - $1,500 Commitment | 11/12/2020   | 9.75% (1ML+ 8.75%)                      | 1.00              | 11/13/2028 | —                  |                | —  |                           | —  |               | —  | %             | (8)(10)(15)  |
| Second Lien Term Loan                                                      | 11/12/2020                   | 9.75% (1ML+ 8.75%)                                     | 1.00                 | 11/13/2028                      | 8,500        |                    | 8,226                    |                | 8,500    |                           | 0.2      | %             | (3)(8)(10)    |
|                                                                            |                                      |                                                        |                      |                                         |                   |                    |                     | 8,226     |               | 8,500                |               | 0.2      | %             |               |

----

|                                                                            |                                    |                                       |                      |                                         |                    |                   |                               |                |              |                           |              |               |           |            |              |             |           |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|------------------------------------|---------------------------------------|----------------------|-----------------------------------------|--------------------|-------------------|-------------------------------|----------------|--------------|---------------------------|--------------|---------------|-----------|------------|--------------|-------------|-----------|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                    |                                       |                      |                                         |                    |                   | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                                     | Industry                           | Investments(1)(37)                    | Acquisition Date(44) | Coupon/Yield                        | Floor              | Legal Maturity    | Principal Value               | Amortized Cost | FairValue(2) | % of Net Assets |              |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                               |                |              |                           |              |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                    |                                       |                      |                                         |                    |                   |                               |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                               |                |              |                           |              |
| Carlyle C17 CLO Limited                                                    | Structured Finance                 | Subordinated Structured Note          | 1/24/2013    | Residual Interest, current yield 11.59% | —       |                   | 4/30/2031             | $              | 24,870  |                           | $            | 15,434   |           | $          | 13,435  |             | 0.3  | % | (5)(14) |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 15,434    |              | 13,435               |              | 0.3      | %         |            |
| Carlyle Global Market Strategies CLO 2014-4-R, Ltd.                        | Structured Finance                 | Subordinated Structured Note          | 4/7/2017     | Residual Interest, current yield 11.63% | —       |                   | 7/15/2030             | 25,534    |              | 19,151               |              | 16,517   |           | 0.4   | %            | (5)(14)     |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 19,151    |              | 16,517               |              | 0.4      | %         |            |
| Carlyle Global Market Strategies CLO 2016-3, Ltd.                          | Structured Finance                 | Subordinated Structured Note          | 8/9/2016     | Residual Interest, current yield 9.92%  | —       |                   | 7/20/2034             | 32,200    |              | 32,079               |              | 27,443   |           | 0.7   | %            | (5)(14)     |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 32,079    |              | 27,443               |              | 0.7      | %         |            |
| Cent CLO 21 Limited                                                        | Structured Finance                 | Subordinated Structured Note          | 5/15/2014    | Residual Interest, current yield 5.05%  | —       |                   | 7/29/2030             | 49,552    |              | 37,405               |              | 30,169   |           | 0.7   | %            | (5)(14)     |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 37,405    |              | 30,169               |              | 0.7      | %         |            |
| CIFC Funding 2013-III-R, Ltd.                                              | Structured Finance                 | Subordinated Structured Note          | 8/2/2013     | Residual Interest, current yield 9.43%  | —       |                   | 4/24/2031             | 44,100    |              | 28,022               |              | 20,801   |           | 0.5   | %            | (5)(14)     |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 28,022    |              | 20,801               |              | 0.5      | %         |            |
| CIFC Funding 2013-IV, Ltd.                                                 | Structured Finance                 | Subordinated Structured Note          | 10/22/2013   | Residual Interest, current yield 12.59% | —       |                   | 4/28/2031             | 45,500    |              | 31,892               |              | 29,548   |           | 0.7   | %            | (5)(14)     |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 31,892    |              | 29,548               |              | 0.7      | %         |            |
| CIFC Funding 2014-IV-R, Ltd.                                               | Structured Finance                 | Subordinated Structured Note          | 8/5/2014     | Residual Interest, current yield 10.16% | —       |                   | 10/17/2030            | 50,143    |              | 30,661               |              | 25,241   |           | 0.6   | %            | (5)(14)     |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 30,661    |              | 25,241               |              | 0.6      | %         |            |
| CIFC Funding 2016-I, Ltd.                                                  | Structured Finance                 | Subordinated Structured Note          | 12/9/2016    | Residual Interest, current yield 11.86% | —       |                   | 10/21/2031            | 34,000    |              | 30,214               |              | 29,357   |           | 0.7   | %            | (5)(14)     |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 30,214    |              | 29,357               |              | 0.7      | %         |            |
| Collections Acquisition Company, Inc.                                      | Diversified Financial Services     | Senior Secured Term Loan              | 12/3/2019    | 10.15% (3ML+ 7.65%)                     | 2.50               | 6/3/2024  | 30,165                   |                | 30,165  |                           | 30,165  |               | 0.7  | %          | (3)(10)      |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 30,165    |              | 30,165               |              | 0.7      | %         |            |
| Columbia Cent CLO 27 Limited                                               | Structured Finance                 | Subordinated Structured Note          | 12/18/2013   | Residual Interest, current yield 14.36% | —       |                   | 10/25/2028            | 48,978    |              | 28,591               |              | 28,795   |           | 0.7   | %            | (5)(14)     |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 28,591    |              | 28,795               |              | 0.7      | %         |            |
| CP IRIS Holdco I, Inc. (49)                                                | Building Products                  | Second Lien Term Loan                 | 10/1/2021    | 7.50% (1ML+ 7.00%)                      | 0.50               | 10/1/2029 | 35,000                   |                | 35,000  |                           | 35,000  |               | 0.8  | %          | (3)(8)(10)   |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                               | 35,000    |              | 35,000               |              | 0.8      | %         |            |
| Curo Group Holdings Corp.                                                  | Consumer Finance                   | Senior Secured Note                   | 7/30/2021    | 7.50%                                   | —       |                   | 8/1/2028              | 44,000    |              | 44,051               |              | 44,403   |           | 1.1   | %            | (8)(14)(47) |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 44,051    |              | 44,403               |              | 1.1      | %         |            |
| DRI Holding Inc.                                                           | Commercial Services & Supplies | First Lien Term Loan                  | 12/21/2021   | 5.75% (1ML+ 5.25%)                      | 0.50          |                   | 12/21/2028            | 20,000    |              | 20,000               |              | 20,000   |           | 0.5   | %            | (8)(10)     |
| Second Lien Term Loan                                                      | 12/21/2021                 | 8.50% (1ML+ 8.00%)                    | 0.50            |                                         | 12/21/2029 | 135,000      |                               | 135,000   |              | 135,000              |              | 3.3      | %         | (10)       |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 155,000   |              | 155,000              |              | 3.8      | %         |            |
| Dunn Paper, Inc.                                                           | Paper & Forest Products        | First Lien Term Loan                  | 11/18/2019   | 6.25% (3ML+ 5.25%)                      | 1.00          |                   | 8/26/2022             | 4,468     |              | 4,440                |              | 4,447    |           | 0.1   | %            | (3)(8)(10)  |
| Second Lien Term Loan                                                      | 8/26/2016                  | 10.25% (3ML+ 9.25%)                   | 1.00            |                                         | 8/26/2023  | 11,500       |                               | 11,445    |              | 10,756               |              | 0.3      | %         | (3)(8)(10) |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                     | 15,885    |              | 15,203               |              | 0.4      | %         |            |
| Easy Gardener Products, Inc.                                               | Household Durables                 | Third Lien Term Loan                  | 6/11/2020    | 10.25% (3ML+ 10.00%)                    | 0.25          |                   | 9/30/2024             | 3,930     |              | 3,930                |              | 3,930    |           | 0.1   | %            | (10)        |
| Class A Units of EZG Holdings, LLC (200 units)                             | 6/11/2020                  |                                       | —         |                                         | N/A            | —      |                               | 313       |              | 781                  |              | —  | %         | (16)       |
| Class B Units of EZG Holdings, LLC (12,525 units)                          | 6/11/2020                  |                                       | —         |                                         | N/A            | —      |                               | 1,688     |              | 5,078                |              | 0.1      | %         | (16)       |
|                                                                            |                                    |                                       |                      |                                         |          |                   |                     | 5,931     |              | 9,789                |              | 0.2      | %         |            |
| Engine Group, Inc. (7)                                                     | Media                              | Senior Secured Term Loan              | 11/17/2020   | 5.75% (1ML+ 4.75%)                      | 1.00          |                   | 11/17/2023            | 8,461     |              | 8,461                |              | 8,045    |           | 0.2   | %            | (8)(10)     |
| Class B Common Units (1,039,554 units)                                     | 11/17/2020                 |                                       | —         |                                         | N/A            | —      |                               | 26,991    |              | —              |              | —  | %         | (8)(16)    |
|                                                                            |                                    |                                       |                      |                                         |          |                   |                     | 35,452    |              | 8,045                |              | 0.2      | %         |            |
| Engineered Machinery Holdings, Inc.                                        | Machinery                          | Incremental Amendment No. 2 Term Loan | 5/6/2021     | 7.25% (3ML+ 6.50%)                      | 0.75          |                   | 7/18/2025             | 5,000     |              | 4,979                |              | 5,000    |           | 0.1   | %            | (3)(8)(10)  |
| Incremental Amendment No. 3 Term Loan                                      | 8/6/2021                   | 6.75% (3ML+ 6.00%)                    | 0.75            |                                         | 5/21/2029  | 5,000        |                               | 5,000     |              | 5,000                |              | 0.1      | %         | (3)(8)(10) |
|                                                                            |                                    |                                       |                      |                                         |                    |                   |                               | 9,979     |              | 10,000               |              | 0.2      | %         |            |

----

|                                                                               |                                                |                                              |                      |                                         |                    |                |                               |                |              |                           |   |               |   |               |              |             |           |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------------------|------------------------------------------------|----------------------------------------------|----------------------|-----------------------------------------|--------------------|----------------|-------------------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|--------------|-------------|-----------|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                               |                                                |                                              |                      |                                         |                    |                | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                                        | Industry                                       | Investments(1)(37)                           | Acquisition Date(44) | Coupon/Yield                        | Floor              | Legal Maturity | Principal Value               | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                               |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control)    |                                                |                                              |                      |                                         |                    |                |                               |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                               |                |              |                           |   |
| Enseo Acquisition, Inc.                                                       | IT Services                                    | First Lien Term Loan                         | 6/2/2021     | 9.00% (3ML+ 8.00%)                      | 1.00          |                | 6/2/2026              | $              | 54,725  |                           | $ | 54,725   |   | $             | 54,725  |             | 1.3  | % | (3)(10) |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 54,725    |              | 54,725               |   | 1.3      | % |               |
| EXC Holdings III Corp                                                         | Technology Hardware, Storage & Peripherals | Second Lien Term Loan                        | 11/17/2017   | 8.50% (3ML+ 7.50%)                      | 1.00          |                | 12/1/2025             | 12,500    |              | 12,439               |   | 12,500   |   | 0.3      | %            | (3)(8)(10)  |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 12,439    |              | 12,500               |   | 0.3      | % |               |
| Eze Castle Integration, Inc. (f/k/a/ H.I.G. ECI Merger Sub, Inc.) | IT Services                                    | Delayed Draw Term Loan - $1,786 Commitment   | 7/15/2020    | 10.00% (1ML+ 8.50%)                     | 1.50          |                | 7/15/2025             | —   |              | —              |   | —  |   | —  | %            | (10)(15)    |
| First Lien Term Loan                                                          | 7/15/2020                              | 10.00% (1ML+ 8.50%)                          | 1.50            |                                         | 7/15/2025  | 46,981    |                               | 46,981    |              | 46,981               |   | 1.1      | % | (3)(10)       |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 46,981    |              | 46,981               |   | 1.1      | % |               |
| First Brands Group                                                            | Auto Components                                | First Lien Term Loan                         | 3/24/2021    | 6.00% (3ML+ 5.00%)                      | 1.00          |                | 3/30/2027             | 16,624    |              | 16,501               |   | 16,624   |   | 0.4      | %            | (3)(8)(10)  |
| Second Lien Term Loan                                                         | 3/24/2021                              | 9.50% (3ML+ 8.50%)                           | 1.00            |                                         | 3/30/2028  | 32,000    |                               | 31,482    |              | 32,000               |   | 0.8      | % | (3)(8)(10)    |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 47,983    |              | 48,624               |   | 1.2      | % |               |
| Galaxy XV CLO, Ltd.                                                           | Structured Finance                             | Subordinated Structured Note                 | 2/13/2013    | Residual Interest, current yield 11.18% | —       |                | 10/15/2030            | 50,524    |              | 35,021               |   | 27,263   |   | 0.7      | %            | (5)(14)     |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 35,021    |              | 27,263               |   | 0.7      | % |               |
| Galaxy XXVII CLO, Ltd.                                                        | Structured Finance                             | Subordinated Structured Note                 | 9/30/2013    | Residual Interest, current yield 9.58%  | —       |                | 5/16/2031             | 24,575    |              | 16,551               |   | 12,138   |   | 0.3      | %            | (5)(14)     |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 16,551    |              | 12,138               |   | 0.3      | % |               |
| Galaxy XXVIII CLO, Ltd.                                                       | Structured Finance                             | Subordinated Structured Note                 | 5/30/2014    | Residual Interest, current yield 7.60%  | —       |                | 7/15/2031             | 39,905    |              | 28,487               |   | 17,573   |   | 0.4      | %            | (5)(14)     |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 28,487    |              | 17,573               |   | 0.4      | % |               |
| Global Tel*Link Corporation                                                   | Diversified Telecommunication Services         | First Lien Term Loan                         | 8/7/2019     | 4.35% (1ML+ 4.25%)                      | —       |                | 11/29/2025            | 9,728     |              | 9,472                |   | 9,728    |   | 0.2      | %            | (3)(8)(10)  |
| Second Lien Term Loan                                                         | 11/20/2018                             | 8.35% (1ML+ 8.25%)                           | —         |                                         | 11/29/2026 | 47,670    |                               | 46,641    |              | 47,670               |   | 1.2      | % | (3)(8)(10)    |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 56,113    |              | 57,398               |   | 1.4      | % |               |
| Halcyon Loan Advisors Funding 2012-1 Ltd.                                     | Structured Finance                             | Subordinated Structured Note                 | 8/7/2012     | Residual Interest, current yield 0.00%  | —       |                | 8/15/2023             | 23,188    |              | 3,704                |   | 19       |   | —  | %            | (5)(14)(17) |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 3,704     |              | 19                   |   | —  | % |               |
| Halcyon Loan Advisors Funding 2013-1 Ltd.                                     | Structured Finance                             | Subordinated Structured Note                 | 3/8/2013     | Residual Interest, current yield 0.00%  | —       |                | 4/15/2025             | 40,400    |              | 19,984               |   | 33       |   | —  | %            | (5)(14)(17) |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 19,984    |              | 33                   |   | —  | % |               |
| Halcyon Loan Advisors Funding 2014-1 Ltd.                                     | Structured Finance                             | Subordinated Structured Note                 | 2/7/2014     | Residual Interest, current yield 0.00%  | —       |                | 4/20/2026             | 24,500    |              | 11,822               |   | 64       |   | —  | %            | (5)(14)(17) |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 11,822    |              | 64                   |   | —  | % |               |
| Halcyon Loan Advisors Funding 2014-2 Ltd.                                     | Structured Finance                             | Subordinated Structured Note                 | 4/14/2014    | Residual Interest, current yield 0.00%  | —       |                | 4/28/2025             | 41,164    |              | 21,322               |   | 94       |   | —  | %            | (5)(14)(17) |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 21,322    |              | 94                   |   | —  | % |               |
| Halcyon Loan Advisors Funding 2015-3 Ltd.                                     | Structured Finance                             | Subordinated Structured Note                 | 7/23/2015    | Residual Interest, current yield 0.00%  | —       |                | 10/18/2027            | 39,598    |              | 29,557               |   | 367      |   | —  | %            | (5)(14)(17) |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 29,557    |              | 367                  |   | —  | % |               |
| HarbourView CLO VII-R, Ltd.                                                   | Structured Finance                             | Subordinated Structured Note                 | 6/5/2015     | Residual Interest, current yield 0.00%  | —       |                | 7/18/2031             | 19,025    |              | 13,023               |   | 5,429    |   | 0.1      | %            | (5)(14)(17) |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 13,023    |              | 5,429                |   | 0.1      | % |               |
| Help/Systems Holdings, Inc.                                               | Software                                       | Second Lien Term Loan                        | 11/14/2019   | 7.50% (3ML+ 6.75%)                      | 0.75          |                | 11/19/2027            | 52,500    |              | 52,267               |   | 52,500   |   | 1.3      | %            | (3)(8)(10)  |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 52,267    |              | 52,500               |   | 1.3      | % |               |
| Interventional Management Services, LLC                                       | Health Care Providers & Services           | Revolving Line of Credit - $5,000 Commitment | 2/22/2021    | 9.50% (3ML+ 8.50%)                      | 1.00          |                | 2/22/2025             | 5,000     |              | 5,000                |   | 5,000    |   | 0.1      | %            | (10)(15)    |
| Senior Secured Term Loan                                                      | 2/22/2021                              | 9.50% (3ML+ 8.50%)                           | 1.00            |                                         | 2/20/2026  | 69,090    |                               | 69,090    |              | 69,090               |   | 1.7      | % | (3)(10)       |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 74,090    |              | 74,090               |   | 1.8      | % |               |
| Jefferson Mill CLO Ltd.                                                       | Structured Finance                             | Subordinated Structured Note                 | 6/26/2015    | Residual Interest, current yield 4.24%  | —       |                | 10/20/2031            | 23,594    |              | 19,109               |   | 13,032   |   | 0.3      | %            | (5)(14)     |
|                                                                               |                                                |                                              |                      |                                         |          |                |                     | 19,109    |              | 13,032               |   | 0.3      | % |               |

----

|                                                                            |                                      |                              |                      |                                         |                    |                |                               |                |              |                           |   |               |   |           |             |            |               |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|--------------------------------------|------------------------------|----------------------|-----------------------------------------|--------------------|----------------|-------------------------------|----------------|--------------|---------------------------|---|---------------|---|-----------|-------------|------------|---------------|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                      |                              |                      |                                         |                    |                | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                                     | Industry                             | Investments(1)(37)           | Acquisition Date(44) | Coupon/Yield                        | Floor              | Legal Maturity | Principal Value               | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                      |                              |                      |                                         |                    |                |                               |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                      |                              |                      |                                         |                    |                |                               |
|                                                                            |                                      |                              |                      |                                         |                    |                |                               |                |              |                           |   |
| K&N Parent, Inc.                                                       | Auto Components                      | First Lien Term Loan         | 2/20/2020    | 5.75% (3ML+ 4.75%)                      | 1.00          |                | 10/20/2023            | $              | 1,873   |                           | $ | 1,738    |   | $         | 1,873  |            | —  | % | (8)(10) |
| Second Lien Term Loan                                                      | 10/19/2016                   | 9.75% (3ML+ 8.75%)           | 1.00            |                                         | 10/21/2024 | 25,887    |                               | 25,656    |              | 25,887               |   | 0.6      | % | (8)(10)   |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 27,394    |              | 27,760               |   | 0.6      | % |           |
| Keystone Acquisition Corp. (4)                                             | Health Care Providers & Services | Second Lien Term Loan        | 5/10/2017    | 10.25% (1ML+ 9.25%)                     | 1.00          |                | 5/1/2025              | 50,000    |              | 50,000               |   | 50,000   |   | 1.2  | %           | (3)(8)(10) |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 50,000    |              | 50,000               |   | 1.2      | % |           |
| KM2 Solutions LLC                                                          | IT Services                          | First Lien Term Loan         | 12/17/2020   | 9.00% (3ML+ 8.00%)                      | 1.00          |                | 12/17/2025            | 24,750    |              | 24,750               |   | 24,750   |   | 0.6  | %           | (3)(10)    |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 24,750    |              | 24,750               |   | 0.6      | % |           |
| LCM XIV Ltd.                                                               | Structured Finance                   | Subordinated Structured Note | 6/25/2013    | Residual Interest, current yield 5.83%  | —       |                | 7/21/2031             | 49,933    |              | 27,491               |   | 19,947   |   | 0.5  | %           | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 27,491    |              | 19,947               |   | 0.5      | % |           |
| LGC US FINCO, LLC                                                          | Machinery                            | First Lien Term Loan         | 1/17/2020    | 7.50% (1ML+ 6.50%)                      | 1.00          |                | 12/20/2025            | 28,800    |              | 28,198               |   | 28,800   |   | 0.7  | %           | (3)(8)(10) |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 28,198    |              | 28,800               |   | 0.7      | % |           |
| Magnate Worldwide, LLC                                                     | Air Freight & Logistics          | Second Lien Term Loan        | 12/30/2021   | 8.50% (3ML+ 7.75%)                      | 0.75          |                | 12/30/2029            | 95,000    |              | 95,000               |   | 95,000   |   | 2.3  | %           | (8)(10)    |
|                                                                            |                                      |                              |                      |                                         |                    |                |                               | 95,000    |              | 95,000               |   | 2.3      | % |           |
| Mamba Purchaser, Inc.                                                      | Health Care Providers & Services | Second Lien Term Loan        | 9/29/2021    | 7.00% (1ML+ 6.50%)                      | 0.50          |                | 10/14/2029            | 5,000     |              | 4,976                |   | 5,000    |   | 0.1  | %           | (3)(8)(10) |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 4,976     |              | 5,000                |   | 0.1      | % |           |
| Medical Solutions Holdings, Inc. (50)                                      | Health Care Providers & Services | Second Lien Term Loan        | 11/1/2021    | 7.50% (3ML+ 7.00%)                      | 0.50          |                | 11/1/2029             | 53,000    |              | 53,000               |   | 53,000   |   | 1.3  | %           | (3)(8)(10) |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 53,000    |              | 53,000               |   | 1.3      | % |           |
| Medusind Acquisition, Inc. (19)                                            | Health Care Providers & Services | First Lien Term Loan         | 9/30/2019    | 7.50% (3ML+ 6.50%)                      | 1.00          |                | 4/8/2024              | 23,885    |              | 23,697               |   | 23,885   |   | 0.6  | %           | (3)(10)    |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 23,697    |              | 23,885               |   | 0.6      | % |           |
| Mountain View CLO 2013-I Ltd.                                              | Structured Finance                   | Subordinated Structured Note | 4/17/2013    | Residual Interest, current yield 3.38%  | —       |                | 10/15/2030            | 43,650    |              | 27,633               |   | 16,253   |   | 0.4  | %           | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 27,633    |              | 16,253               |   | 0.4      | % |           |
| Mountain View CLO IX Ltd.                                                  | Structured Finance                   | Subordinated Structured Note | 5/13/2015    | Residual Interest, current yield 10.99% | —       |                | 7/15/2031             | 47,830    |              | 27,210               |   | 25,156   |   | 0.6  | %           | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 27,210    |              | 25,156               |   | 0.6      | % |           |
| Nexus Buyer LLC                                                            | Capital Markets                      | Second Lien Term Loan        | 11/5/2021    | 6.75% (1ML+ 6.25%)                      | 0.50          |                | 11/5/2029             | 42,500    |              | 42,500               |   | 42,500   |   | 1.0  | %           | (8)(10)    |
|                                                                            |                                      |                              |                      |                                         |                    |                |                     | 42,500    |              | 42,500               |   | 1.0      | % |           |
| Octagon Investment Partners XV, Ltd.                                       | Structured Finance                   | Subordinated Structured Note | 1/24/2013    | Residual Interest, current yield 8.03%  | —       |                | 7/19/2030             | 42,064    |              | 31,197               |   | 24,442   |   | 0.6  | %           | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 31,197    |              | 24,442               |   | 0.6      | % |           |
| Octagon Investment Partners 18-R Ltd.                                      | Structured Finance                   | Subordinated Structured Note | 8/12/2015    | Residual Interest, current yield 10.01% | —       |                | 4/16/2031             | 46,015    |              | 23,644               |   | 17,829   |   | 0.4  | %           | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 23,644    |              | 17,829               |   | 0.4      | % |           |
| OneTouchPoint Corp                                                         | Professional Services                | Senior Secured Term Loan     | 2/19/2021    | 9.00% (3ML+ 8.00%)                      | 1.00          |                | 2/19/2026             | 39,893    |              | 39,893               |   | 39,893   |   | 1.0  | %           | (3)(10)    |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 39,893    |              | 39,893               |   | 1.0      | % |           |
| Orva Buyer, LLC                                                            | Specialty Retail                     | Senior Secured Term Loan     | 12/23/2020   | 9.50% (1ML+ 7.50%)                      | 2.00          |                | 12/23/2025            | 39,690    |              | 39,690               |   | 39,690   |   | 1.0  | %           | (3)(10)    |
|                                                                            |                                      |                              |                      |                                         |          |                |                     | 39,690    |              | 39,690               |   | 1.0      | % |           |
| PeopleConnect Holdings, LLC (11)                                           | Interactive Media & Services     | Senior Secured Term Loan     | 1/22/2020    | 10.00% (3ML+ 8.25%)                     | 1.75          |                | 1/22/2025             | 249,831   |              | 249,831              |   | 249,831  |   | 6.0  | %           | (3)(10)    |
|                                                                            |                                      |                              |                      |                                         |                    |                |                               | 249,831   |              | 249,831              |   | 6.0      | % |           |

----

|                                                                            |                                        |                                            |                      |                                        |                    |                |                               |                |              |                           |   |               |   |               |              |            |           |   |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|----------------------------------------|--------------------------------------------|----------------------|----------------------------------------|--------------------|----------------|-------------------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|--------------|------------|-----------|---|------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                        |                                            |                      |                                        |                    |                | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                                     | Industry                               | Investments(1)(37)                         | Acquisition Date(44) | Coupon/Yield                       | Floor              | Legal Maturity | Principal Value               | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                        |                                            |                      |                                        |                    |                |                               |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                        |                                            |                      |                                        |                    |                |                               |
|                                                                            |                                        |                                            |                      |                                        |                    |                |                               |                |              |                           |   |
| PetVet Care Centers, LLC (f/k/a Pearl Intermediate Parent LLC)     | Health Care Providers & Services   | Second Lien Term Loan                      | 2/1/2018     | 6.35% (1ML+ 6.25%)                     | —       |                | 2/15/2026             | $              | 11,000  |                           | $ | 10,987   |   | $             | 11,000  |            | 0.3  | % | (3)(8)(10) |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 10,987    |              | 11,000               |   | 0.3      | % |               |
| PlayPower, Inc.                                                            | Leisure Products                       | First Lien Term Loan                       | 5/7/2019     | 5.72% (3ML+ 5.50%)                     | —       |                | 5/10/2026             | 5,873     |              | 5,833                |   | 5,669    |   | 0.1      | %            | (3)(8)(10) |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 5,833     |              | 5,669                |   | 0.1      | % |               |
| Preventics, Inc. (d/b/a Legere Pharmaceuticals) (46)               | Health Care Providers & Services   | First Lien Term Loan                       | 11/12/2021   | 11.50% (3ML+ 10.50%)                   | 1.00          |                | 11/12/2026            | 9,289     |              | 9,289                |   | 9,289    |   | 0.3      | %            | (3)(10)    |
| Series A Convertible Preferred Stock (320 units)                           | 11/12/2021                     |                                            | —         |                                        | N/A            | —   |                               | 127       |              | 127                  |   | —  | % | (16)          |
| Series C Convertible Preferred Stock (3,575 units)                         | 11/12/2021                     |                                            | —         |                                        | N/A            | —   |                               | 1,419     |              | 1,420                |   | —  | % | (16)          |
|                                                                            |                                        |                                            |                      |                                        |                    |                |                               | 10,835    |              | 10,836               |   | 0.3      | % |               |
| RC Buyer, Inc.                                                             | Auto Components                        | Second Lien Term Loan                      | 7/26/2021    | 7.50% (3ML+ 6.75%)                     | 0.75          |                | 7/30/2029             | 20,000    |              | 19,905               |   | 20,000   |   | 0.5      | %            | (3)(8)(10) |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 19,905    |              | 20,000               |   | 0.5      | % |               |
| Redstone Holdco 2 LP (22)                                                  | IT Services                            | Second Lien Term Loan                      | 4/16/2021    | 8.50% (3ML+ 7.75%)                     | 0.75          |                | 4/27/2029             | 50,000    |              | 49,185               |   | 48,962   |   | 1.2      | %            | (3)(8)(10) |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 49,185    |              | 48,962               |   | 1.2      | % |               |
| Research Now Group, Inc. & Survey Sampling International LLC           | Professional Services                  | First Lien Term Loan                       | 12/8/2017    | 6.50% (6ML+ 5.50%)                     | 1.00          |                | 12/20/2024            | 9,600     |              | 9,369                |   | 9,600    |   | 0.2      | %            | (3)(8)(10) |
| Second Lien Term Loan                                                      | 12/8/2017                      | 10.50% (6ML+ 9.50%)                        | 1.00            |                                        | 12/20/2025 | 50,000    |                               | 48,276    |              | 50,000               |   | 1.2      | % | (3)(8)(10)    |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 57,645    |              | 59,600               |   | 1.4      | % |               |
| Rising Tide Holdings, Inc.                                                 | Diversified Consumer Services          | Second Lien Term Loan                      | 5/26/2021    | 9.00% (1ML+ 8.25%)                     | 0.75          |                | 6/1/2029              | 23,000    |              | 22,680               |   | 23,000   |   | 0.6      | %            | (3)(8)(10) |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 22,680    |              | 23,000               |   | 0.6      | % |               |
| RME Group Holding Company                                                  | Media                                  | Senior Secured Term Loan A                 | 5/4/2017     | 8.00% (3ML+ 7.00%)                     | 1.00          |                | 5/4/2022              | 26,521    |              | 26,521               |   | 26,521   |   | 0.7      | %            | (3)(10)    |
| Senior Secured Term Loan B                                                 | 5/4/2017                       | 13.00% (3ML+ 12.00%)                       | 1.00            |                                        | 5/4/2022   | 21,974    |                               | 21,974    |              | 21,974               |   | 0.5      | % | (3)(10)       |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 48,495    |              | 48,495               |   | 1.2      | % |               |
| Romark WM-R Ltd.                                                           | Structured Finance                     | Subordinated Structured Note               | 4/11/2014    | Residual Interest, current yield 3.69% | —       |                | 4/21/2031             | 27,725    |              | 21,689               |   | 15,056   |   | 0.4      | %            | (5)(14)    |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 21,689    |              | 15,056               |   | 0.4      | % |               |
| Rosa Mexicano                                                              | Hotels, Restaurants & Leisure      | Revolving Line of Credit - $500 Commitment | 3/29/2018    | 8.75% (3ML+ 7.50%)                     | 1.25          |                | 3/29/2023             | 456       |              | 456                  |   | 448      |   | —  | %            | (10)(15)   |
| Senior Secured Term Loan                                                   | 3/29/2018                      | 8.75% (3ML+ 7.50%)                         | 1.25            |                                        | 3/29/2023  | 23,589    |                               | 23,589    |              | 23,204               |   | 0.6      | % | (10)          |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 24,045    |              | 23,652               |   | 0.6      | % |               |
| Securus Technologies Holdings, Inc.                                        | Communications Equipment               | First Lien Term Loan                       | 8/2/2019     | 5.50% (3ML+ 4.50%)                     | 1.00          |                | 11/1/2024             | 9,746     |              | 9,179                |   | 9,662    |   | 0.2      | %            | (3)(8)(10) |
| Second Lien Term Loan                                                      | 6/20/2017                      | 9.25% (3ML+ 8.25%)                         | 1.00            |                                        | 11/1/2025  | 50,662    |                               | 50,566    |              | 50,640               |   | 1.2      | % | (3)(8)(10)    |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 59,745    |              | 60,302               |   | 1.4      | % |               |
| SEOTownCenter, Inc.                                                        | IT Services                            | Senior Secured Term Loan A                 | 4/10/2018    | 9.50% (3ML+ 7.50%)                     | 2.00          |                | 4/7/2023              | 23,867    |              | 23,867               |   | 23,867   |   | 0.5      | %            | (3)(10)    |
| Senior Secured Term Loan B                                                 | 4/10/2018                      | 14.50% (3ML+ 12.50%)                       | 2.00            |                                        | 4/7/2023   | 19,027    |                               | 19,027    |              | 19,027               |   | 0.5      | % | (3)(10)       |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 42,894    |              | 42,894               |   | 1.0      | % |               |
| Shearer’s Foods, LLC                                                 | Food Products                          | Second Lien Term Loan                      | 9/15/2020    | 8.75% (3ML+ 7.75%)                     | 1.00          |                | 9/23/2028             | 5,000     |              | 4,916                |   | 5,000    |   | 0.1      | %            | (3)(8)(10) |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 4,916     |              | 5,000                |   | 0.1      | % |               |
| Shutterfly, LLC                                                            | Internet & Direct Marketing Retail | 2021 Refinancing Term B Loan               | 7/1/2021     | 5.75% (3ML+ 5.00%)                     | 0.75          |                | 9/25/2026             | 20,295    |              | 20,202               |   | 20,259   |   | 0.5      | %            | (3)(8)(10) |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 20,202    |              | 20,259               |   | 0.5      | % |               |
| Sorenson Communications, LLC                                               | Diversified Telecommunication Services | First Lien Term Loan                       | 3/12/2021    | 6.25% (3ML+ 5.50%)                     | 0.75          |                | 3/17/2026             | 16,577    |              | 16,424               |   | 16,577   |   | 0.4      | %            | (3)(8)(10) |
|                                                                            |                                        |                                            |                      |                                        |          |                |                     | 16,424    |              | 16,577               |   | 0.4      | % |               |

----

|                                                                            |                                      |                                              |                      |                                        |                   |                |                               |                |              |                           |   |               |   |               |             |                |           |   |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|--------------------------------------|----------------------------------------------|----------------------|----------------------------------------|-------------------|----------------|-------------------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|-------------|----------------|-----------|---|------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                      |                                              |                      |                                        |                   |                | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                                     | Industry                             | Investments(1)(37)                           | Acquisition Date(44) | Coupon/Yield                       | Floor             | Legal Maturity | Principal Value               | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                      |                                              |                      |                                        |                   |                |                               |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                      |                                              |                      |                                        |                   |                |                               |
|                                                                            |                                      |                                              |                      |                                        |                   |                |                               |                |              |                           |   |
| Southern Veterinary Partners                                               | Health Care Providers & Services | Second Lien Term Loan                        | 10/2/2020    | 8.75% (6ML+ 7.75%)                     | 1.00         |                | 10/5/2028             | $              | 8,000   |                           | $ | 7,932    |   | $             | 8,000  |                | 0.2  | % | (3)(8)(10) |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 7,932     |              | 8,000                |   | 0.2      | % |               |
| Spectrum Holdings III Corp                                                 | Health Care Equipment & Supplies | Second Lien Term Loan                        | 1/26/2018    | 8.00% (6ML+ 7.00%)                     | 1.00         |                | 1/31/2026             | 7,500     |              | 7,481                |   | 7,037    |   | 0.2      | %           | (3)(8)(10)     |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 7,481     |              | 7,037                |   | 0.2      | % |               |
| Staples, Inc.                                                              | Distributors                         | First Lien Term Loan                         | 11/18/2019   | 5.13% (3ML+ 5.00%)                     | —      |                | 4/16/2026             | 8,819     |              | 8,759                |   | 8,579    |   | 0.2      | %           | (3)(8)(10)(47) |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 8,759     |              | 8,579                |   | 0.2      | % |               |
| Strategic Materials                                                        | Household Durables                   | Second Lien Term Loan                        | 10/27/2017   | 8.75% (3ML+ 7.75%)                     | 1.00         |                | 11/1/2025             | 7,000     |              | 6,967                |   | 5,700    |   | 0.1      | %           | (8)(10)        |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 6,967     |              | 5,700                |   | 0.1      | % |               |
| Stryker Energy, LLC                                                        | Energy Equipment & Services      | Overriding Royalty Interests                 | 12/4/2006    |                                        | —      |                | N/A                       | —   |              | —              |   | —  |   | —  | %           | (13)           |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | —   |              | —              |   | —  | % |               |
| Sudbury Mill CLO Ltd.                                                      | Structured Finance                   | Subordinated Structured Note                 | 11/14/2013   | Residual Interest, current yield 0.00% | —      |                | 1/19/2026             | 28,200    |              | —              |   | —  |   | —  | %           | (5)(14)(17)    |
|                                                                            |                                      |                                              |                      |                                        |                   |                |                               | —   |              | —              |   | —  | % |               |
| Symphony CLO XIV, Ltd.                                                     | Structured Finance                   | Subordinated Structured Note                 | 5/6/2014     | Residual Interest, current yield 0.00% | —      |                | 7/14/2026             | 49,250    |              | 24,935               |   | 14,041   |   | 0.3      | %           | (5)(14)(17)    |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 24,935    |              | 14,041               |   | 0.3      | % |               |
| Symphony CLO XV, Ltd.                                                      | Structured Finance                   | Subordinated Structured Note                 | 10/17/2014   | Residual Interest, current yield 5.75% | —      |                | 1/19/2032             | 63,831    |              | 44,079               |   | 27,795   |   | 0.7      | %           | (5)(14)        |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 44,079    |              | 27,795               |   | 0.7      | % |               |
| The Octave Music Group, Inc.                                               | Entertainment                        | First Lien Term Loan                         | 2/26/2020    | 6.25% (1ML+ 5.25%) plus 0.75% PIK      | 1.00         |                | 5/29/2025             | 30,350    |              | 30,095               |   | 30,350   |   | 0.7      | %           | (3)(8)(10)(39) |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 30,095    |              | 30,350               |   | 0.7      | % |               |
| Town & Country Holdings, Inc.                                          | Distributors                         | First Lien Term Loan                         | 1/26/2018    | 5.00% (3ML+ 3.50%) plus 8.125% PIK     | 1.50         |                | 1/26/2023             | 160,345   |              | 160,345              |   | 160,345  |   | 3.9      | %           | (3)(10)(39)    |
|                                                                            |                                      |                                              |                      |                                        |                   |                |                               | 160,345   |              | 160,345              |   | 3.9      | % |               |
| TPS, LLC                                                                   | Machinery                            | First Lien Term Loan                         | 11/30/2020   | 10.00% (3ML+ 9.00%) plus 1.50% PIK     | 1.00         |                | 11/30/2025            | 28,463    |              | 28,463               |   | 28,463   |   | 0.7      | %           | (3)(10)(39)    |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 28,463    |              | 28,463               |   | 0.7      | % |               |
| United Sporting Companies, Inc. (18)                                       | Distributors                         | Second Lien Term Loan                        | 9/28/2012    | 13.25% (1ML+ 11.00%) plus 2.00% PIK    | 2.25         |                | 11/16/2019            | 144,692   |              | 103,730              |   | 6,284    |   | 0.2      | %           | (9)(10)        |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 103,730   |              | 6,284                |   | 0.2      | % |               |
| Universal Fiber Systems, LLC                                               | Textiles, Apparel & Luxury Goods | Second Lien Term Loan                        | 10/2/2015    | 10.50% (1ML+ 9.50%)                    | 1.00         |                | 10/2/2022             | 37,000    |              | 36,921               |   | 36,253   |   | 0.9      | %           | (3)(8)(10)     |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 36,921    |              | 36,253               |   | 0.9      | % |               |
| Upstream Newco, Inc.                                                       | Health Care Providers & Services | Second Lien Term Loan                        | 11/20/2019   | 8.60% (1ML+ 8.50%)                     | —      |                | 11/20/2027            | 22,000    |              | 21,849               |   | 22,000   |   | 0.5      | %           | (3)(8)(10)     |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 21,849    |              | 22,000               |   | 0.5      | % |               |
| USG Intermediate, LLC                                                      | Leisure Products                     | Revolving Line of Credit - $3,000 Commitment | 4/15/2015    | 10.25% (1ML+ 9.25%)                    | 1.00         |                | 8/24/2024             | 3,000     |              | 3,000                |   | 3,000    |   | 0.1      | %           | (10)(15)       |
| Senior Secured Term Loan B                                                 | 4/15/2015                    | 12.75% (1ML+ 11.75%)                         | 1.00            |                                        | 8/24/2024 | 22,800    |                               | 22,800    |              | 22,800               |   | 0.6      | % | (3)(10)       |
| Equity                                                                     | 4/15/2015                    |                                              | —         |                                        | N/A           | —   |                               | 1         |              | —              |   | —  | % | (16)          |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 25,801    |              | 25,800               |   | 0.7      | % |               |
| VC GB Holdings I Corp                                                      | Household Durables                   | Second Lien Term Loan                        | 6/30/2021    | 7.25% (3ML+ 6.75%)                     | 0.50         |                | 7/23/2029             | 23,000    |              | 22,782               |   | 23,000   |   | 0.6      | %           | (3)(8)(10)     |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 22,782    |              | 23,000               |   | 0.6      | % |               |
| Venio LLC (48)                                                             | Professional Services                | First Lien Term Loan                         | 2/19/2014    | 1.00% PIK                              | —      |                | 2/19/2020             | 14,481    |              | 14,481               |   | 12,199   |   | 0.3      | %           | (39)           |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 14,481    |              | 12,199               |   | 0.3      | % |               |
| Victor Technology, LLC                                                     | Commercial Services & Supplies   | Senior Secured Term Loan                     | 12/3/2021    | 8.50% (3ML+ 7.50%)                     | 1.00         |                | 12/3/2028             | 30,000    |              | 30,000               |   | 30,000   |   | 0.7      | %           | (3)(10)        |
|                                                                            |                                      |                                              |                      |                                        |                   |                |                               | 30,000    |              | 30,000               |   | 0.7      | % |               |
| Vision Solutions, Inc. (29)                                                | IT Services                          | Second Lien Term Loan                        | 4/23/2021    | 8.00% (3ML+ 7.25%)                     | 0.75         |                | 4/23/2029             | 60,000    |              | 59,474               |   | 60,000   |   | 1.4      | %           | (3)(8)(10)     |
|                                                                            |                                      |                                              |                      |                                        |         |                |                     | 59,474    |              | 60,000               |   | 1.4      | % |               |

----

|                                                                            |                                      |                              |                      |                                         |                   |                |                               |                |              |                           |   |              |   |            |              |            |           |   |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|--------------------------------------|------------------------------|----------------------|-----------------------------------------|-------------------|----------------|-------------------------------|----------------|--------------|---------------------------|---|--------------|---|------------|--------------|------------|-----------|---|------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                      |                              |                      |                                         |                   |                | December 31, 2021 (Unaudited) |                |
| Portfolio Company                                                     | Industry                             | Investments(1)(37)           | Acquisition Date(44) | Coupon/Yield                        | Floor             | Legal Maturity | Principal Value               | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                      |                              |                      |                                         |                   |                |                               |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                      |                              |                      |                                         |                   |                |                               |
|                                                                            |                                      |                              |                      |                                         |                   |                |                               |                |              |                           |   |
| Voya CLO 2012-4, Ltd.                                                      | Structured Finance                   | Subordinated Structured Note | 11/5/2012    | Residual Interest, current yield 6.85%  | —      |                | 10/15/2030            | $              | 40,613  |                           | $ | 30,464  |   | $          | 24,496  |            | 0.6  | % | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |         |                |                     | 30,464    |              | 24,496               |   | 0.6     | % |            |
| Voya CLO 2014-1, Ltd.                                                      | Structured Finance                   | Subordinated Structured Note | 2/5/2014     | Residual Interest, current yield 3.02%  | —      |                | 4/18/2031             | 40,773    |              | 28,573               |   | 17,885  |   | 0.4   | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |         |                |                     | 28,573    |              | 17,885               |   | 0.4     | % |            |
| Voya CLO 2016-3, Ltd.                                                      | Structured Finance                   | Subordinated Structured Note | 9/30/2016    | Residual Interest, current yield 8.26%  | —      |                | 10/20/2031            | 28,100    |              | 24,558               |   | 19,841  |   | 0.5   | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |         |                |                     | 24,558    |              | 19,841               |   | 0.5     | % |            |
| Voya CLO 2017-3, Ltd.                                                      | Structured Finance                   | Subordinated Structured Note | 6/13/2017    | Residual Interest, current yield 12.13% | —      |                | 4/20/2034             | 44,885    |              | 49,446               |   | 42,735  |   | 1.0   | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |         |                |                     | 49,446    |              | 42,735               |   | 1.0     | % |            |
| VT Topco, Inc.                                                             | Commercial Services & Supplies   | Second Lien Term Loan        | 8/14/2018    | 6.85% (1ML+ 6.75%)                      | —      |                | 8/17/2026             | 7,000     |              | 6,980                |   | 6,963   |   | 0.2   | %            | (3)(8)(10) |
| 2021 Term Loans                                                            | 7/30/2021                    | 7.50% (1ML+ 6.75%)           | 0.75            |                                         | 8/17/2026 | 13,250    |                               | 13,159    |              | 13,224               |   | 0.3     | % | (3)(8)(10) |
|                                                                            |                                      |                              |                      |                                         |         |                |                     | 20,139    |              | 20,187               |   | 0.5     | % |            |
| Wellpath Holdings, Inc. (f/k/a CCS-CMGC Holdings, Inc.)            | Health Care Providers & Services | First Lien Term Loan         | 5/13/2019    | 5.63% (3ML+ 5.50%)                      | —      |                | 10/1/2025             | $              | 14,464  |                           | $ | 14,278  |   | $          | 14,464  |            | 0.4  | % | (3)(8)(10) |
| Second Lien Term Loan                                                      | 9/25/2018                    | 9.13% (3ML+ 9.00%)           | —         |                                         | 10/1/2026 | 37,000    |                               | 36,577    |              | 37,000               |   | 0.9     | % | (3)(8)(10) |
|                                                                            |                                      |                              |                      |                                         |                   |                |                               | 50,855    |              | 51,464               |   | 1.3     | % |            |
| Total Non-Control/Non-Affiliate Investments (Level 3)                  | $                                    | 3,938,560               |                      | $                                       | 3,514,969    |                | 84.8                     | %              |              |
|                                                                            |                                      |                              |                      |                                         |                   |
| Total Portfolio Investments (Level 3)                                      | $                                    | 6,541,338               |                      | $                                       | 7,002,846    |                | 169.1                    | %              |              |

----

|                                                                           |                                      |                                     |                      |                                    |                    |                |                   |                |              |                           |   |               |          |      |              |  |      |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------|--------------------------------------|-------------------------------------|----------------------|------------------------------------|--------------------|----------------|-------------------|----------------|--------------|---------------------------|---|---------------|----------|------|--------------|--|------|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                           |                                      |                                     |                      |                                    |                    |                | June 30, 2021     |                |
| Portfolio Company                                                    | Industry                             | Investments(1)(38)                  | Acquisition Date(44) | Coupon/Yield                   | Floor              | Legal Maturity | Principal Value   | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   |                |              |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                                             |                                      |                                     |                      |                                    |                    |                |                   |                |              |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   |                |              |                           |   |
| Control Investments (greater than 25.00% voting control)(42)              |                                      |                                     |                      |                                    |                    |                |                   |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   |                |              |                           |   |
| CP Energy Services Inc. (20)                                              | Energy Equipment & Services      | Senior Secured Term Loan            | 10/1/2017    | 12.00% (3ML+ 11.00%)               | 1.00          |                | 1/31/2024 | $              | 41,422  |                           | $ | 41,422   |          | $    | 41,422  |  | 1.0% | (10)(39) |
| Senior Secured Term Loan A to Spartan Energy Services, LLC                | 10/20/2014                   | 9.00% (1ML+ 8.00%)                  | 1.00            |                                    | 12/31/2022 | 15,656    |                   | 15,656    |              | 15,656               |   | 0.4%          | (10)     |
| Series A Preferred Units to Spartan Energy Holdings, Inc. (10,000 shares) | 9/25/2020                    |                                     | —         |                                    | N/A            | —   |                   | 26,193    |              | 11,210               |   | 0.3%          | (16)     |
| Series B Convertible Preferred Stock (790 shares)                         | 10/30/2015                   |                                     | —         |                                    | N/A            | —   |                   | 63,225    |              | 3,199                |   | 0.1%          | (16)     |
| Common Stock (102,924 shares)                                             | 8/2/2013                     |                                     | —         |                                    | N/A            | —   |                   | 86,239    |              | —              |   | —%      | (16)     |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   | 232,735   |              | 71,487               |   | 1.8%          |          |
| Credit Central Loan Company, LLC (21)                                     | Consumer Finance                     | Subordinated Term Loan              | 12/28/2012   | 10.00% plus 10.00% PIK             | —       |                | 6/26/2024 | 68,137    |              | 65,599               |   | 68,137   |          | 1.7% | (14)(39)     |
| Class A Units (14,867,312 units)                                          | 12/28/2012                   |                                     | —         |                                    | N/A            | —   |                   | 19,331    |              | 9,886                |   | 0.3%          | (14)(16) |
| Net Revenues Interest (25% of Net Revenues)                               | 1/28/2015                    |                                     | —         |                                    | N/A            | —   |                   | —   |              | —              |   | —%      | (14)(16) |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   | 84,930    |              | 78,023               |   | 2.0%          |          |
| Echelon Transportation, LLC                                               | Aerospace & Defense              | Senior Secured Term Loan            | 3/31/2014    | 11.75% (1ML+ 9.75%) plus 2.25% PIK | 2.00          |                | 3/31/2022 | 52,457    |              | 52,457               |   | 52,457   |          | 1.3% | (10)(39)     |
| Senior Secured Term Loan                                                  | 12/9/2016                    | 11.00% (1ML+ 9.00%) plus 1.00% PIK  | 2.00            |                                    | 12/7/2024  | 22,949    |                   | 22,949    |              | 22,949               |   | 0.6%          | (10)(39) |
| Membership Interest (100%)                                                | 3/31/2014                    |                                     | —         |                                    | N/A            | —   |                   | 22,738    |              | 8,834                |   | 0.2%          | (16)     |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   | 98,144    |              | 84,240               |   | 2.1%          |          |
| First Tower Finance Company LLC (23)                                      | Consumer Finance                     | First Lien Term Loan                | 6/24/2014    | 10.00% plus 12.00% PIK             | —       |                | 6/24/2024 | 324,708   |              | 324,708              |   | 324,708  |          | 8.2% | (14)(39)     |
| Class A Units (95,709,910 units)                                          | 6/14/2012                    |                                     | —         |                                    | N/A            | —   |                   | 31,146    |              | 267,648              |   | 6.8%          | (14)(16) |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   | 355,854   |              | 592,356              |   | 15.0%         |          |
| Freedom Marine Solutions, LLC (24)                                        | Energy Equipment & Services      | Membership Interest (100%)          | 11/9/2006    |                                    | —       |                | N/A           | —   |              | 44,492               |   | 11,717   |          | 0.3% | (16)         |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   | 44,492    |              | 11,717               |   | 0.3%          |          |
| InterDent, Inc.                                                           | Health Care Providers & Services | Senior Secured Term Loan A/B    | 8/1/2018     | 11.85% (1ML+ 9.85%)                | 2.00          |                | 9/5/2022  | 14,249    |              | 14,249               |   | 14,249   |          | 0.4% | (10)         |
| Senior Secured Term Loan A                                                | 8/3/2012                     | 6.50% (1ML+ 5.50%)                  | 1.00            |                                    | 9/5/2022   | 79,242    |                   | 79,242    |              | 79,242               |   | 2.0%          | (10)     |
| Senior Secured Term Loan B                                                | 8/3/2012                     | 12.00% PIK                          | —         |                                    | 9/5/2022   | 144,080   |                   | 144,080   |              | 144,080              |   | 3.7%          | (39)     |
| Common Stock (99,900 shares)                                              | 5/3/2019                     |                                     | —         |                                    | N/A            | —   |                   | 45,118    |              | 174,768              |   | 4.4%          | (16)     |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   | 282,689   |              | 412,339              |   | 10.5%         |          |
| Kickapoo Ranch Pet Resort                                                 | Diversified Consumer Services        | Membership Interest (100%)          | 8/26/2019    |                                    | —       |                | N/A           | —   |              | 2,378                |   | 3,833    |          | 0.1% | (16)         |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   | 2,378     |              | 3,833                |   | 0.1%          |          |
| MITY, Inc. (25)                                                           | Commercial Services & Supplies   | Senior Secured Note A               | 9/19/2013    | 10.00% (3ML+ 7.00%)                | 3.00          |                | 4/30/2025 | 29,867    |              | 29,867               |   | 29,867   |          | 0.8% | (10)(39)     |
| Senior Secured Note B                                                     | 6/23/2014                    | 10.00% (3ML+ 7.00%) plus 10.00% PIK | 3.00            |                                    | 4/30/2025  | 16,098    |                   | 16,098    |              | 16,098               |   | 0.4%          | (10)(39) |
| Subordinated Unsecured Note to Broda Enterprises ULC                      | 9/19/2013                    | 10.00%                              | —         |                                    | 1/1/2028   | 5,949     |                   | 7,200     |              | 3,715                |   | 0.1%          | (14)     |
| Common Stock (42,053 shares)                                              | 9/19/2013                    |                                     | —         |                                    | N/A            | —   |                   | 27,349    |              | —              |   | —%      | (16)     |
|                                                                           |                                      |                                     |                      |                                    |                    |                |                   | 80,514    |              | 49,680               |   | 1.3%          |          |

----

|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    |                |               |                           |   |               |          |          |               |  |       |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------|--------------------------------------------------------------------------------------------|----------------------------------------------------------------|----------------------|-----------------------------------|--------------------|----------------|--------------------|----------------|---------------|---------------------------|---|---------------|----------|----------|---------------|--|-------|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                | June 30, 2021      |                |
| Portfolio Company                                       | Industry                                                                                   | Investments(1)(38)                                             | Acquisition Date(44) | Coupon/Yield                  | Floor              | Legal Maturity | Principal Value    | Amortized Cost | FairValue(2)  | % of Net Assets |   |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    |                |               |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                                |                                                                                            |                                                                |                      |                                   |                    |                |                    |                |               |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    |                |               |                           |   |
| Control Investments (greater than 25.00% voting control)(42) |                                                                                            |                                                                |                      |                                   |                    |                |                    |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    |                |               |                           |   |
| National Property REIT Corp. (26)                            | Equity Real Estate Investment Trusts (REITs) / Online Lending / Structured Finance | Senior Secured Term Loan A                                     | 12/31/2018   | 4.44% (3ML+ 1.44%) plus 3.53% PIK | 3.00          |                | 12/31/2023 | $              | 473,276  |                           | $ | 473,276  |          | $        | 473,276  |  | 12.0% | (10)(39) |
| Senior Secured Term Loan B                                   | 12/31/2018                                                                         | 5.00% (3ML+ 2.00%) plus 5.50% PIK                              | 3.00            |                                   | 12/31/2023 | 6,600     |                    | 6,600     |               | 6,600                |   | 0.2%          | (10)(39) |
| Senior Secured Term Loan C                                   | 10/31/2019                                                                         | 11.00% (3ML+ 10.00%) plus 2.25% PIK                            | 1.00            |                                   | 12/31/2023 | 90,200    |                    | 90,200    |               | 90,200               |   | 2.3%          | (10)(39) |
| Senior Secured Term Loan D                                   | 6/19/2020                                                                          | 3.50% (3ML+ 0.50%) plus 2.50% PIK                              | 3.00            |                                   | 12/31/2023 | 183,425   |                    | 183,425   |               | 183,425              |   | 4.6%          | (10)(39) |
| Residual Profit Interest                                     | 12/31/2018                                                                         |                                                                | —         |                                   | N/A            | —   |                    | —   |               | 34,507               |   | 0.9%          | (35)     |
| Common Stock (3,254,594 shares)                              | 12/31/2013                                                                         |                                                                | —         |                                   | N/A            | —   |                    | 210       |               | 401,747              |   | 10.2%         | (45)     |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    | 753,711   |               | 1,189,755            |   | 30.2%         |          |
| Nationwide Loan Company LLC (27)                             | Consumer Finance                                                                           | First Lien Term Loan                                           | 6/18/2014    | 10.00% plus 10.00% PIK            | —       |                | 6/18/2022  | 20,260    |               | 20,260               |   | 20,260   |          | 0.5%     | (14)(39)      |
| Class A Units (38,550,460 units)                             | 1/31/2013                                                                          |                                                                | —         |                                   | N/A            | —   |                    | 20,846    |               | 27,733               |   | 0.7%          | (14)(16) |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    | 41,106    |               | 47,993               |   | 1.2%          |          |
| NMMB, Inc. (28)                                              | Media                                                                                      | Delayed Draw Term Loan - $10,000 Commitment                    | 3/25/2020    | 10.50% (3ML+ 8.50%)               | 2.00          |                | 12/30/2024 | —   |               | —              |   | —  |          | —% | (10)(15)      |
| Senior Secured Note                                          | 12/30/2019                                                                         | 10.50% (3ML+ 8.50%)                                            | 2.00            |                                   | 12/30/2024 | 4,874     |                    | 4,874     |               | 4,874                |   | 0.1%          | (3)(10)  |
| Common Stock (21,418 shares)                                 | 12/30/2019                                                                         |                                                                | —         |                                   | N/A            | —   |                    | 12,869    |               | 42,014               |   | 1.1%          |          |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    | 17,743    |               | 46,888               |   | 1.2%          |          |
| Pacific World Corporation (36)                               | Personal Products                                                                          | Revolving Line of Credit - $26,000 Commitment                  | 9/26/2014    | 8.25% (1ML+ 7.25%)                | 1.00          |                | 9/26/2025  | 20,825    |               | 20,825               |   | 20,825   |          | 0.5%     | (10)(15)      |
| Senior Secured Term Loan A                                   | 12/31/2014                                                                         | 6.25% PIK (1ML+ 5.25%)                                         | 1.00            |                                   | 9/26/2025  | 41,625    |                    | 41,625    |               | 41,625               |   | 1.1%          | (10)(39) |
| Convertible Preferred Equity (287,021 shares)                | 6/15/2018                                                                          |                                                                | —         |                                   | N/A            | —   |                    | 186,795   |               | 8,647                |   | 0.2%          | (16)     |
| Common Stock (6,778,414 shares)                              | 9/29/2017                                                                          |                                                                | —         |                                   | N/A            | —   |                    | —   |               | —              |   | —%      | (16)     |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    | 249,245   |               | 71,097               |   | 1.8%          |          |
| R-V Industries, Inc.                                         | Machinery                                                                                  | Senior Secured Term Loan                                       | 12/15/2020   | 10.00% (3ML+ 9.00%)               | 1.00          |                | 12/15/2028 | 28,622    |               | 28,622               |   | 28,622   |          | 0.7%     | (3)(10)       |
| Common Stock (745,107 shares)                                | 6/26/2007                                                                          |                                                                | —         |                                   | N/A            | —   |                    | 6,866     |               | 21,071               |   | 0.5%          | (16)     |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    | 35,488    |               | 49,693               |   | 1.2%          |          |
| Universal Turbine Parts, LLC (34)                            | Trading Companies & Distributors                                                       | Delayed Draw Term Loan - $5,000 Commitment                     | 2/28/2019    | 10.25% (1ML+ 7.75%)               | 2.50          |                | 4/5/2024   | 3,173     |               | 3,173                |   | 3,173    |          | 0.1%     | (10)(15)      |
| Senior Secured Term Loan A                                   | 7/22/2016                                                                          | 6.75% (3ML+ 5.75%)                                             | 1.00            |                                   | 4/5/2024   | 29,575    |                    | 29,575    |               | 23,933               |   | 0.6%          | (10)     |
| Preferred Units (47,244,213 units)                           | 3/31/2021                                                                          |                                                                | —         |                                   | N/A            | —   |                    | 32,500    |               | —              |   | —%      | (16)     |
| Common Stock (10,000 units)                                  | 12/10/2018                                                                         |                                                                | —         |                                   | N/A            | —   |                    | —   |               | —              |   | —%      | (16)     |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    | 65,248    |               | 27,106               |   | 0.7%          |          |
| USES Corp. (30)                                              | Commercial Services & Supplies                                                         | Senior Secured Term Loan A                                     | 3/31/2014    | 9.00% PIK                         | —       |                | 7/29/2024  | 55,117    |               | 30,651               |   | 31,815   |          | 0.8%     | (9)           |
| Senior Secured Term Loan B                                   | 3/31/2014                                                                          | 15.50% PIK                                                     | —         |                                   | 7/29/2024  | 77,483    |                    | 35,568    |               | —              |   | —%      | (9)      |
| Senior Secured Term Loan                                     | 12/30/2020                                                                         | 10.00% (1ML+ 9.00%)                                            | 1.00            |                                   | 7/29/2024  | 2,000     |                    | 2,000     |               | 2,000                |   | 0.1%          | (10)     |
| Common Stock (268,962 shares)                                | 6/15/2016                                                                          |                                                                | —         |                                   | N/A            | —   |                    | —   |               | —              |   | —%      | (16)     |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    | 68,219    |               | 33,815               |   | 0.9%          |          |
| Valley Electric Company, Inc. (31)                           | Construction & Engineering                                                             | Senior Secured Note to Valley Electric Co. of Mt. Vernon, Inc. | 12/31/2012   | 8.00% (3ML+ 5.00%) plus 2.50% PIK | 3.00          |                | 12/31/2024 | 10,430    |               | 10,430               |   | 10,430   |          | 0.3%     | (3)(10)(39)   |
| Senior Secured Note                                          | 6/24/2014                                                                          | 8.00% plus 10.00% PIK                                          | —         |                                   | 6/23/2024  | 33,301    |                    | 33,301    |               | 33,301               |   | 0.8%          | (39)     |
| Consolidated Revenue Interest (2.0%)                         | 6/22/2018                                                                          |                                                                | —         |                                   | N/A            | —   |                    | —   |               | 1,857                |   | —%      | (12)     |
| Common Stock (50,000 shares)                                 | 12/31/2012                                                                         |                                                                | —         |                                   | N/A            | —   |                    | 26,204    |               | 104,107              |   | 2.6%          |          |
|                                                              |                                                                                            |                                                                |                      |                                   |                    |                |                    | 69,935    |               | 149,695              |   | 3.7%          |          |
| Total Control Investments (Level 3)                          | $                                                                                          | 2,482,431                                                 |                      | $                                 | 2,919,717     |                | 74.0%              |                |

----

|                                                            |                                      |                                 |                      |                                    |                   |                |                   |                |               |                           |   |               |          |      |               |  |          |      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------------------------------------|--------------------------------------|---------------------------------|----------------------|------------------------------------|-------------------|----------------|-------------------|----------------|---------------|---------------------------|---|---------------|----------|------|---------------|--|----------|------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                            |                                      |                                 |                      |                                    |                   |                | June 30, 2021     |                |
| Portfolio Company                                     | Industry                             | Investments(1)(38)              | Acquisition Date(44) | Coupon/Yield                   | Floor             | Legal Maturity | Principal Value   | Amortized Cost | FairValue(2)  | % of Net Assets |   |
|                                                            |                                      |                                 |                      |                                    |                   |                |                   |                |               |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                              |                                      |                                 |                      |                                    |                   |                |                   |                |               |
|                                                            |                                      |                                 |                      |                                    |                   |                |                   |                |               |                           |   |
| Affiliate Investments (5.00% to 24.99% voting control)(43) |                                      |                                 |                      |                                    |                   |                |                   |
|                                                            |                                      |                                 |                      |                                    |                   |                |                   |                |               |                           |   |
| Nixon, Inc. (32)                                           | Textiles, Apparel & Luxury Goods | Common Stock (857 units)        | 5/12/2017    |                                    | —      |                | N/A           | $              | —  |                           | $ | —  |          | $    | —  |  | —% | (16) |
|                                                            |                                      |                                 |                      |                                    |                   |                |                   | —   |               | —              |   | —%      |          |
| PGX Holdings, Inc. (6)                                     | Diversified Consumer Services        | First Lien Term Loan            | 11/13/2020   | 6.25% (12ML+ 5.25%) plus 4.25% PIK | 1.00         |                | 9/29/2023 | 47,746    |               | 45,720               |   | 47,746   |          | 1.2% | (3)(10)(39)   |
| 1.5 Lien Term Loan                                         | 5/27/2020                    | 14.50% PIK (12ML+ 13.50%)       | 1.00            |                                    | 6/28/2024 | 18,164    |                   | 18,164    |               | 18,164               |   | 0.5%          | (10)(39) |
| Second Lien Term Loan                                      | 9/29/2014                    | 15.75% PIK (1ML+ 14.75%)        | 1.00            |                                    | 9/29/2024 | 122,272   |                   | 122,272   |               | 122,272              |   | 3.1%          | (10)(39) |
| Common Stock (40,780,359 shares)                           | 5/27/2020                    |                                 | —         |                                    | N/A           | —   |                   | —   |               | 124,907              |   | 3.2%          | (16)     |
|                                                            |                                      |                                 |                      |                                    |                   |                |                   | 186,156   |               | 313,089              |   | 8.0%          |          |
| RGIS Services, LLC                                         | Commercial Services & Supplies   | Senior Secured Term Loan        | 6/25/2020    | 8.50% (1ML+ 7.50%)                 | 1.00         |                | 6/25/2025 | 3,680     |               | 3,680                |   | 3,680    |          | 0.1% | (8)(10)       |
| Membership Interest (5.11%)                                | 6/25/2020                    |                                 | —         |                                    | N/A           | —   |                   | 10,302    |               | 13,760               |   | 0.3%          | (16)     |
|                                                            |                                      |                                 |                      |                                    |                   |                |                   | 13,982    |               | 17,440               |   | 0.4%          |          |
| Targus Cayman HoldCo Limited (33)                          | Textiles, Apparel & Luxury Goods | Common Stock (7,383,395 shares) | 2/12/2016    |                                    | —      |                | N/A           | —   |               | 2,805                |   | 26,205   |          | 0.6% | (16)          |
|                                                            |                                      |                                 |                      |                                    |                   |                |                   | 2,805     |               | 26,205               |   | 0.6%          |          |
| Total Affiliate Investments (Level 3)                      | $                                    | 202,943                    |                      | $                                  | 356,734      |                | 9.0%              |                |

----

|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    |                |              |                           |   |               |   |               |              |             |           |   |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|--------------------------------------|--------------------------------------------------------|----------------------|-----------------------------------------|--------------------|----------------|--------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|--------------|-------------|-----------|---|------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                      |                                                        |                      |                                         |                    |                | June 30, 2021      |                |
| Portfolio Company                                                     | Industry                             | Investments(1)(38)                                     | Acquisition Date(44) | Coupon/Yield                        | Floor              | Legal Maturity | Principal Value    | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    |                |              |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                                              |                                      |                                                        |                      |                                         |                    |                |                    |                |              |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                      |                                                        |                      |                                         |                    |                |                    |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    |                |              |                           |   |
| 8th Avenue Food & Provisions, Inc.                                     | Food Products                        | Second Lien Term Loan                                  | 9/21/2018    | 7.84% (1ML+ 7.75%)                      | —       |                | 10/1/2026  | $              | 27,133  |                           | $ | 26,980   |   | $             | 27,133  |             | 0.7  | % | (3)(8)(10) |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 26,980    |              | 27,133               |   | 0.7      | % |               |
| ACE Cash Express, Inc.                                                     | Consumer Finance                     | Senior Secured Note                                    | 12/8/2017    | 12.00%                                  | —       |                | 12/15/2022 | 39,998    |              | 37,429               |   | 38,041   |   | 1.0      | %            | (8)(46)     |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 37,429    |              | 38,041               |   | 1.0      | % |               |
| AmeriLife Holdings, LLC                                                    | Insurance                            | Second Lien Term Loan                                  | 3/18/2020    | 9.50% (6ML+ 8.50%)                      | 1.00          |                | 3/18/2028  | 22,280    |              | 21,911               |   | 22,280   |   | 0.6      | %            | (3)(8)(10)  |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 21,911    |              | 22,280               |   | 0.6      | % |               |
| Apidos CLO XI                                                              | Structured Finance                   | Subordinated Structured Note                           | 12/6/2012    | Residual Interest, current yield 12.33% | —       |                | 4/17/2034  | 67,783    |              | 37,651               |   | 29,680   |   | 0.8      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 37,651    |              | 29,680               |   | 0.8      | % |               |
| Apidos CLO XII                                                             | Structured Finance                   | Subordinated Structured Note                           | 3/15/2013    | Residual Interest, current yield 11.99% | —       |                | 4/15/2031  | 52,203    |              | 37,818               |   | 30,505   |   | 0.8      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 37,818    |              | 30,505               |   | 0.8      | % |               |
| Apidos CLO XV                                                              | Structured Finance                   | Subordinated Structured Note                           | 9/13/2013    | Residual Interest, current yield 12.46% | —       |                | 4/21/2031  | 48,515    |              | 39,005               |   | 29,579   |   | 0.7      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 39,005    |              | 29,579               |   | 0.7      | % |               |
| Apidos CLO XXII                                                            | Structured Finance                   | Subordinated Structured Note                           | 9/16/2015    | Residual Interest, current yield 13.92% | —       |                | 4/21/2031  | 35,855    |              | 30,483               |   | 26,070   |   | 0.7      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 30,483    |              | 26,070               |   | 0.7      | % |               |
| Atlantis Health Care Group (Puerto Rico), Inc.                             | Health Care Providers & Services | Revolving Line of Credit - $3,000 Commitment           | 2/21/2013    | 10.75% (3ML+ 8.75%)                     | 2.00          |                | 4/29/2022  | —   |              | —              |   | —  |   | —  | %            | (10)(15)    |
| Senior Secured Term Loan                                                   | 2/21/2013                    | 10.75% (3ML+ 8.75%)                                    | 2.00            |                                         | 4/29/2022  | 66,164    |                    | 66,164    |              | 66,164               |   | 1.7      | % | (3)(10)       |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 66,164    |              | 66,164               |   | 1.7      | % |               |
| Barings CLO 2018-III                                                       | Structured Finance                   | Subordinated Structured Note                           | 10/9/2014    | Residual Interest, current yield 6.65%  | —       |                | 7/20/2029  | 83,098    |              | 44,174               |   | 32,346   |   | 0.8      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 44,174    |              | 32,346               |   | 0.8      | % |               |
| BCPE North Star US Holdco 2, Inc.                                          | Food Products                        | Delayed Draw Term Loan - $5,185 Commitment             | 6/7/2021     | 8.00% (3ML+ 7.25%)                      | 0.75          |                | 6/10/2023  | —   |              | —              |   | —  |   | —  | %            | (8)(10)(15) |
| Second Lien Term Loan                                                      | 6/7/2021                     | 8.00% (3ML+ 7.25%)                                     | 0.75            |                                         | 6/11/2029  | 29,815    |                    | 29,520    |              | 29,815               |   | 0.8      | % | (8)(10)       |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 29,520    |              | 29,815               |   | 0.8      | % |               |
| Broder Bros., Co.                                                          | Textiles, Apparel & Luxury Goods | Senior Secured Note                                    | 12/4/2017    | 9.75% (3ML+ 8.50%)                      | 1.25          |                | 12/2/2022  | 162,639   |              | 162,639              |   | 162,639  |   | 4.1      | %            | (3)(10)     |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 162,639   |              | 162,639              |   | 4.1      | % |               |
| Brookside Mill CLO Ltd.                                                    | Structured Finance                   | Subordinated Structured Note                           | 4/25/2013    | Residual Interest, current yield 0.00%  | —       |                | 1/17/2028  | 36,300    |              | 15,168               |   | 10,018   |   | 0.3      | %            | (5)(14)(17) |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 15,168    |              | 10,018               |   | 0.3      | % |               |
| California Street CLO IX Ltd.                                              | Structured Finance                   | Subordinated Structured Note                           | 4/19/2012    | Residual Interest, current yield 13.70% | —       |                | 7/16/2032  | 58,915    |              | 42,626               |   | 29,610   |   | 0.8      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 42,626    |              | 29,610               |   | 0.8      | % |               |
| Candle-Lite Company, LLC                                                   | Household Products                   | Senior Secured Term Loan A                             | 1/23/2018    | 6.75% (3ML+ 5.50%)                      | 1.25          |                | 1/23/2023  | 10,237    |              | 10,237               |   | 10,237   |   | 0.3      | %            | (3)(10)     |
| Senior Secured Term Loan B                                                 | 1/23/2018                    | 10.75% (3ML+ 9.50%)                                    | 1.25            |                                         | 1/23/2023  | 10,949    |                    | 10,949    |              | 10,949               |   | 0.3      | % | (3)(10)       |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 21,186    |              | 21,186               |   | 0.6      | % |               |
| Capstone Logistics Acquisition, Inc.                                       | Commercial Services & Supplies   | Second Lien Delayed Draw Term Loan - $1,500 Commitment | 11/12/2020   | 9.75% (1ML+ 8.75%)                      | 1.00          |                | 11/13/2028 | —   |              | —              |   | —  |   | —  | %            | (8)(10)(15) |
| Second Lien Term Loan                                                      | 11/12/2020                   | 9.75% (1ML+ 8.75%)                                     | 1.00            |                                         | 11/13/2028 | 8,500     |                    | 8,206     |              | 8,500                |   | 0.2      | % | (3)(8)(10)    |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 8,206     |              | 8,500                |   | 0.2      | % |               |
| Carlyle C17 CLO Limited                                                    | Structured Finance                   | Subordinated Structured Note                           | 1/24/2013    | Residual Interest, current yield 17.47% | —       |                | 4/30/2031  | 24,870    |              | 15,736               |   | 13,618   |   | 0.3      | %            | (5)(14)     |
|                                                                            |                                      |                                                        |                      |                                         |                    |                |                    | 15,736    |              | 13,618               |   | 0.3      | % |               |

----

|                                                                            |                                      |                              |                      |                                         |                   |                |                    |                |              |                           |   |               |   |               |              |            |           |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|--------------------------------------|------------------------------|----------------------|-----------------------------------------|-------------------|----------------|--------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|--------------|------------|-----------|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                      |                              |                      |                                         |                   |                | June 30, 2021      |                |
| Portfolio Company                                                     | Industry                             | Investments(1)(38)           | Acquisition Date(44) | Coupon/Yield                        | Floor             | Legal Maturity | Principal Value    | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    |                |              |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                                              |                                      |                              |                      |                                         |                   |                |                    |                |              |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                      |                              |                      |                                         |                   |                |                    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    |                |              |                           |   |
| Carlyle Global Market Strategies CLO 2014-4-R, Ltd.                        | Structured Finance                   | Subordinated Structured Note | 4/7/2017     | Residual Interest, current yield 17.07% | —      |                | 7/15/2030  | $              | 25,534  |                           | $ | 19,980   |   | $             | 16,864  |            | 0.4  | % | (5)(14) |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 19,980    |              | 16,864               |   | 0.4      | % |               |
| Carlyle Global Market Strategies CLO 2016-3, Ltd.                          | Structured Finance                   | Subordinated Structured Note | 8/9/2016     | Residual Interest, current yield 11.48% | —      |                | 7/20/2034  | 32,200    |              | 32,932               |   | 27,521   |   | 0.7      | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 32,932    |              | 27,521               |   | 0.7      | % |               |
| CCS-CMGC Holdings, Inc.                                                    | Health Care Providers & Services | First Lien Term Loan         | 5/13/2019    | 5.60% (1ML+ 5.50%)                      | —      |                | 10/1/2025  | 9,526     |              | 9,422                |   | 9,526    |   | 0.2      | %            | (3)(8)(10) |
| Second Lien Term Loan                                                      | 9/25/2018                    | 9.10% (1ML+ 9.00%)           | —         |                                         | 10/1/2026 | 37,000    |                    | 36,532    |              | 37,000               |   | 0.9      | % | (3)(8)(10)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 45,954    |              | 46,526               |   | 1.1      | % |               |
| Cent CLO 21 Limited                                                        | Structured Finance                   | Subordinated Structured Note | 5/15/2014    | Residual Interest, current yield 11.63% | —      |                | 7/29/2030  | 49,552    |              | 39,865               |   | 30,885   |   | 0.8      | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 39,865    |              | 30,885               |   | 0.8      | % |               |
| CIFC Funding 2013-III-R, Ltd.                                              | Structured Finance                   | Subordinated Structured Note | 8/2/2013     | Residual Interest, current yield 13.87% | —      |                | 4/24/2031  | 44,100    |              | 29,312               |   | 20,974   |   | 0.5      | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 29,312    |              | 20,974               |   | 0.5      | % |               |
| CIFC Funding 2013-IV, Ltd.                                                 | Structured Finance                   | Subordinated Structured Note | 10/22/2013   | Residual Interest, current yield 15.99% | —      |                | 4/28/2031  | 45,500    |              | 32,985               |   | 30,202   |   | 0.8      | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 32,985    |              | 30,202               |   | 0.8      | % |               |
| CIFC Funding 2014-IV-R, Ltd.                                               | Structured Finance                   | Subordinated Structured Note | 8/5/2014     | Residual Interest, current yield 10.75% | —      |                | 10/17/2030 | 44,467    |              | 30,604               |   | 22,322   |   | 0.6      | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 30,604    |              | 22,322               |   | 0.6      | % |               |
| CIFC Funding 2016-I, Ltd.                                                  | Structured Finance                   | Subordinated Structured Note | 12/9/2016    | Residual Interest, current yield 11.69% | —      |                | 10/21/2031 | 34,000    |              | 30,275               |   | 28,829   |   | 0.7      | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 30,275    |              | 28,829               |   | 0.7      | % |               |
| Cinedigm DC Holdings, LLC                                                  | Entertainment                        | Senior Secured Term Loan     | 2/28/2013    | 11.00% (3ML+ 9.00%) plus 2.50% PIK      | 2.00         |                | 3/31/2022  | 3,031     |              | 2,981                |   | 3,031    |   | 0.1      | %            | (10)(39)   |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 2,981     |              | 3,031                |   | 0.1      | % |               |
| Collections Acquisition Company, Inc.                                      | Diversified Financial Services       | Senior Secured Term Loan     | 12/3/2019    | 10.15% (3ML+ 7.65%)                     | 2.50         |                | 6/3/2024   | 30,165    |              | 30,165               |   | 30,165   |   | 0.8      | %            | (3)(10)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 30,165    |              | 30,165               |   | 0.8      | % |               |
| Columbia Cent CLO 27 Limited                                               | Structured Finance                   | Subordinated Structured Note | 12/18/2013   | Residual Interest, current yield 3.38%  | —      |                | 10/25/2028 | 40,275    |              | 22,044               |   | 19,078   |   | 0.5      | %            | (5)(14)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 22,044    |              | 19,078               |   | 0.5      | % |               |
| Curo Group Holdings Corp.                                                  | Consumer Finance                     | Second Lien Term Loan        | 7/30/2020    | 0.0825                                  | —      |                | 9/1/2025   | 14,621    |              | 12,525               |   | 15,188   |   | 0.4      | %            | (14)(47)   |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 12,525    |              | 15,188               |   | 0.4      | % |               |
| Digital Room, LLC                                                          | Commercial Services & Supplies   | First Lien Term Loan         | 5/14/2019    | 5.20% (6ML+ 5.00%)                      | —      |                | 5/21/2026  | 9,800     |              | 9,718                |   | 9,800    |   | 0.2      | %            | (3)(8)(10) |
| Second Lien Term Loan                                                      | 5/14/2019                    | 9.20% (6ML+ 9.00%)           | —         |                                         | 5/21/2027 | 70,000    |                    | 70,000    |              | 70,000               |   | 1.8      | % | (3)(8)(10)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 79,718    |              | 79,800               |   | 2.0      | % |               |
| Dunn Paper, Inc.                                                           | Paper & Forest Products          | First Lien Term Loan         | 11/18/2019   | 6.25% (1ML+ 5.25%)                      | 1.00         |                | 8/26/2022  | 4,468     |              | 4,418                |   | 4,468    |   | 0.1      | %            | (3)(8)(10) |
| Second Lien Term Loan                                                      | 8/26/2016                    | 10.25% (1ML+ 9.25%)          | 1.00            |                                         | 8/26/2023 | 11,500    |                    | 11,429    |              | 11,347               |   | 0.3      | % | (3)(8)(10)    |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 15,847    |              | 15,815               |   | 0.4      | % |               |
| Easy Gardener Products, Inc.                                               | Household Durables                   | Third Lien Term Loan         | 6/11/2020    | 10.25% (3ML+ 10.00%)                    | 0.25         |                | 9/30/2024  | 3,950     |              | 3,950                |   | 3,950    |   | 0.1      | %            | (10)       |
| Class A Units of EZG Holdings, LLC (200 units)                             | 6/11/2020                    |                              | —         |                                         | N/A           | —   |                    | 313       |              | 781                  |   | —  | % | (16)          |
| Class B Units of EZG Holdings, LLC (12,525 units)                          | 6/11/2020                    |                              | —         |                                         | N/A           | —   |                    | 1,688     |              | 5,043                |   | 0.1      | % | (16)          |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | 5,951     |              | 9,774                |   | 0.2      | % |               |
| Edmentum                                                                   | Diversified Consumer Services        | Escrow Receivable            | 12/11/2020   |                                         | —      |                | N/A            | —   |              | —              |   | —  |   | —  | %            | (16)       |
|                                                                            |                                      |                              |                      |                                         |                   |                |                    | —   |              | —              |   | —  | % |               |

----

|                                                                               |                                                |                                              |                      |                                         |                    |                |                    |                |              |                           |   |               |   |               |              |             |           |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------------------|------------------------------------------------|----------------------------------------------|----------------------|-----------------------------------------|--------------------|----------------|--------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|--------------|-------------|-----------|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                               |                                                |                                              |                      |                                         |                    |                | June 30, 2021      |                |
| Portfolio Company                                                        | Industry                                       | Investments(1)(38)                           | Acquisition Date(44) | Coupon/Yield                        | Floor              | Legal Maturity | Principal Value    | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                                                 |                                                |                                              |                      |                                         |                    |                |                    |                |              |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control)    |                                                |                                              |                      |                                         |                    |                |                    |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| Engine Group, Inc. (7)                                                        | Media                                          | Senior Secured Term Loan                     | 11/17/2020   | 5.75% (1ML+ 4.75%)                      | 1.00          |                | 11/17/2023 | $              | 12,229  |                           | $ | 12,229   |   | $             | 11,255  |             | 0.3  | % | (8)(10) |
| Class B Common Units (1,039,554 units)                                        | 11/17/2020                             |                                              | —         |                                         | N/A            | —   |                    | 26,991    |              | 707                  |   | —  | % | (8)           |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 39,220    |              | 11,962               |   | 0.3      | % |               |
| Engineered Machinery Holdings, Inc.                                           | Machinery                                      | Second Lien Term Loan                        | 5/6/2021     | 7.25% (3ML+ 6.50%)                      | 0.75          |                | 5/21/2029  | 5,000     |              | 4,976                |   | 4,973    |   | 0.1      | %            | (3)(8)(10)  |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 4,976     |              | 4,973                |   | 0.1      | % |               |
| Enseo Acquisition, Inc.                                                       | IT Services                                    | Revolving Line of Credit - $5,000 Commitment | 6/2/2021     | 9.00% (1ML+ 8.00%)                      | 1.00          |                | 10/4/2021  | —   |              | —              |   | —  |   | —  | %            | (10)(15)    |
| First Lien Term Loan                                                          | 6/2/2021                               | 9.00% (1ML+ 8.00%)                           | 1.00            |                                         | 6/2/2026   | 55,000    |                    | 55,000    |              | 55,000               |   | 1.4      | % | (3)(10)       |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 55,000    |              | 55,000               |   | 1.4      | % |               |
| EXC Holdings III Corp                                                         | Technology Hardware, Storage & Peripherals | Second Lien Term Loan                        | 11/17/2017   | 8.50% (3ML+ 7.50%)                      | 1.00          |                | 12/1/2025  | 12,500    |              | 12,431               |   | 12,500   |   | 0.3      | %            | (3)(8)(10)  |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 12,431    |              | 12,500               |   | 0.3      | % |               |
| Eze Castle Integration, Inc. (f/k/a/ H.I.G. ECI Merger Sub, Inc.) | IT Services                                    | Delayed Draw Term Loan - $1,786 Commitment   | 7/15/2020    | 10.00% (1ML+ 8.50%)                     | 1.50          |                | 7/15/2025  | —   |              | —              |   | —  |   | —  | %            | (10)(15)    |
| First Lien Term Loan                                                          | 7/15/2020                              | 10.00% (1ML+ 8.50%)                          | 1.50            |                                         | 7/15/2025  | 47,222    |                    | 47,222    |              | 47,222               |   | 1.2      | % | (3)(10)       |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 47,222    |              | 47,222               |   | 1.2      | % |               |
| First Brands Group                                                            | Auto Components                                | First Lien Term Loan                         | 3/24/2021    | 6.00% (1ML+ 5.00%)                      | 1.00          |                | 3/30/2027  | 16,750    |              | 16,597               |   | 16,750   |   | 0.4      | %            | (3)(8)(10)  |
| Second Lien Term Loan                                                         | 3/24/2021                              | 9.50% (1ML+ 8.50%)                           | 1.00            |                                         | 3/30/2028  | 32,000    |                    | 31,401    |              | 32,000               |   | 0.8      | % | (3)(8)(10)    |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 47,998    |              | 48,750               |   | 1.2      | % |               |
| Galaxy XV CLO, Ltd.                                                           | Structured Finance                             | Subordinated Structured Note                 | 2/13/2013    | Residual Interest, current yield 12.98% | —       |                | 10/15/2030 | 50,525    |              | 35,486               |   | 26,987   |   | 0.7      | %            | (5)(14)     |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 35,486    |              | 26,987               |   | 0.7      | % |               |
| Galaxy XXVII CLO, Ltd.                                                        | Structured Finance                             | Subordinated Structured Note                 | 9/30/2013    | Residual Interest, current yield 13.22% | —       |                | 5/16/2031  | 24,575    |              | 17,050               |   | 12,121   |   | 0.3      | %            | (5)(14)     |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 17,050    |              | 12,121               |   | 0.3      | % |               |
| Galaxy XXVIII CLO, Ltd.                                                       | Structured Finance                             | Subordinated Structured Note                 | 5/30/2014    | Residual Interest, current yield 10.69% | —       |                | 7/15/2031  | 39,905    |              | 29,231               |   | 17,306   |   | 0.4      | %            | (5)(14)     |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 29,231    |              | 17,306               |   | 0.4      | % |               |
| GEON Performance Solutions, LLC                                               | Chemicals                                      | Revolving Line of Credit - $3,621 Commitment | 12/12/2019   | 7.88% (2ML+ 6.25%)                      | 1.63          |                | 10/25/2024 | —   |              | —              |   | —  |   | —  | %            | (10)(15)    |
| First Lien Term Loan                                                          | 12/12/2019                             | 7.88% (2ML+ 6.25%)                           | 1.63            |                                         | 10/25/2024 | 28,863    |                    | 28,745    |              | 28,863               |   | 0.7      | % | (3)(10)       |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 28,745    |              | 28,863               |   | 0.7      | % |               |
| Global Tel*Link Corporation                                                   | Diversified Telecommunication Services         | First Lien Term Loan                         | 8/7/2019     | 4.35% (1ML+ 4.25%)                      | —       |                | 11/29/2025 | 9,728     |              | 9,439                |   | 9,728    |   | 0.2      | %            | (3)(8)(10)  |
| Second Lien Term Loan                                                         | 11/20/2018                             | 8.35% (1ML+ 8.25%)                           | —         |                                         | 11/29/2026 | 40,170    |                    | 39,515    |              | 40,170               |   | 1.0      | % | (3)(8)(10)    |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 48,954    |              | 49,898               |   | 1.2      | % |               |
| GlobalTranz Enterprises, Inc.                                                 | Air Freight & Logistics                    | Second Lien Term Loan                        | 5/15/2019    | 8.35% (1ML+ 8.25%)                      | —       |                | 5/15/2027  | 12,500    |              | 12,500               |   | 12,500   |   | 0.3      | %            | (3)(8)(10)  |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 12,500    |              | 12,500               |   | 0.3      | % |               |
| Halcyon Loan Advisors Funding 2012-1 Ltd.                                     | Structured Finance                             | Subordinated Structured Note                 | 8/7/2012     | Residual Interest, current yield 0.00%  | —       |                | 8/15/2023  | 23,188    |              | 3,704                |   | 22       |   | —  | %            | (5)(14)(17) |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 3,704     |              | 22                   |   | —  | % |               |
| Halcyon Loan Advisors Funding 2013-1 Ltd.                                     | Structured Finance                             | Subordinated Structured Note                 | 3/8/2013     | Residual Interest, current yield 0.00%  | —       |                | 4/15/2025  | 40,400    |              | 19,984               |   | —  |   | —  | %            | (5)(14)(17) |
|                                                                               |                                                |                                              |                      |                                         |                    |                |                    | 19,984    |              | —              |   | —  | % |               |

----

|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |               |   |               |               |             |               |   |             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|--------------------------------------|----------------------------------------------|----------------------|-----------------------------------------|--------------------|----------------|--------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|---------------|-------------|---------------|---|-------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                      |                                              |                      |                                         |                    |                | June 30, 2021      |                |
| Portfolio Company                                                     | Industry                             | Investments(1)(38)                           | Acquisition Date(44) | Coupon/Yield                        | Floor              | Legal Maturity | Principal Value    | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                                              |                                      |                                              |                      |                                         |                    |                |                    |                |              |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                      |                                              |                      |                                         |                    |                |                    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| Halcyon Loan Advisors Funding 2014-1 Ltd.                                  | Structured Finance                   | Subordinated Structured Note                 | 2/7/2014     | Residual Interest, current yield 0.00%  | —       |                | 4/20/2026  | $              | 24,500  |                           | $ | 11,822   |   | $             | —  |             | —  | % | (5)(14)(17) |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 11,822    |              | —              |   | —  | % |               |
| Halcyon Loan Advisors Funding 2014-2 Ltd.                                  | Structured Finance                   | Subordinated Structured Note                 | 4/14/2014    | Residual Interest, current yield 0.00%  | —       |                | 4/28/2025  | 41,164    |              | 21,322               |   | —  |   | —  | %             | (5)(14)(17) |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 21,322    |              | —              |   | —  | % |               |
| Halcyon Loan Advisors Funding 2015-3 Ltd.                                  | Structured Finance                   | Subordinated Structured Note                 | 7/23/2015    | Residual Interest, current yield 0.00%  | —       |                | 10/18/2027 | 39,598    |              | 29,557               |   | 4,825    |   | 0.1      | %             | (5)(14)(17) |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 29,557    |              | 4,825                |   | 0.1      | % |               |
| HarbourView CLO VII-R, Ltd.                                                | Structured Finance                   | Subordinated Structured Note                 | 6/5/2015     | Residual Interest, current yield 1.09%  | —       |                | 7/18/2031  | 19,025    |              | 13,024               |   | 5,180    |   | 0.1      | %             | (5)(14)     |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 13,024    |              | 5,180                |   | 0.1      | % |               |
| Help/Systems Holdings, Inc.                                            | Software                             | Second Lien Term Loan                        | 11/14/2019   | 7.50% (3ML+ 6.75%)                      | 0.75          |                | 11/19/2027 | 22,500    |              | 22,240               |   | 22,500   |   | 0.6      | %             | (3)(8)(10)  |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 22,240    |              | 22,500               |   | 0.6      | % |               |
| Interventional Management Services, LLC                                    | Health Care Providers & Services | Revolving Line of Credit - $5,000 Commitment | 2/22/2021    | 9.50% (3ML+ 8.50%)                      | 1.00          |                | 2/22/2025  | 2,000     |              | 2,000                |   | 2,000    |   | 0.1      | %             | (10)(15)    |
| Senior Secured Term Loan                                                   | 2/22/2021                    | 9.50% (3ML+ 8.50%)                           | 1.00            |                                         | 2/20/2026  | 69,795    |                    | 69,795    |              | 69,795               |   | 1.8      | % | (3)(10)       |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 71,795    |              | 71,795               |   | 1.9      | % |               |
| Jefferson Mill CLO Ltd.                                                    | Structured Finance                   | Subordinated Structured Note                 | 6/26/2015    | Residual Interest, current yield 9.31%  | —       |                | 10/20/2031 | 23,594    |              | 19,858               |   | 13,083   |   | 0.3      | %             | (5)(14)     |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 19,858    |              | 13,083               |   | 0.3      | % |               |
| K&N Parent, Inc.                                                       | Auto Components                      | First Lien Term Loan                         | 2/20/2020    | 5.75% (3ML+ 4.75%)                      | 1.00          |                | 10/20/2023 | 1,883     |              | 1,710                |   | 1,883    |   | —  | %             | (3)(8)(10)  |
| Second Lien Term Loan                                                      | 10/19/2016                   | 9.75% (3ML+ 8.75%)                           | 1.00            |                                         | 10/21/2024 | 25,887    |                    | 25,615    |              | 25,887               |   | 0.7      | % | (3)(8)(10)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 27,325    |              | 27,770               |   | 0.7      | % |               |
| Keystone Acquisition Corp. (4)                                             | Health Care Providers & Services | Second Lien Term Loan                        | 5/10/2017    | 10.25% (3ML+ 9.25%)                     | 1.00          |                | 5/1/2025   | 50,000    |              | 50,000               |   | 50,000   |   | 1.3      | %             | (3)(8)(10)  |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 50,000    |              | 50,000               |   | 1.3      | % |               |
| KM2 Solutions LLC                                                          | IT Services                          | First Lien Term Loan                         | 12/17/2020   | 9.00% (3ML+ 8.00%)                      | 1.00          |                | 12/17/2025 | 24,875    |              | 24,875               |   | 24,875   |   | 0.6      | %             | (3)(10)     |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 24,875    |              | 24,875               |   | 0.6      | % |               |
| LCM XIV Ltd.                                                               | Structured Finance                   | Subordinated Structured Note                 | 6/25/2013    | Residual Interest, current yield 10.26% | —       |                | 7/21/2031  | 49,934    |              | 28,910               |   | 20,281   |   | 0.5      | %             | (5)(14)     |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 28,910    |              | 20,281               |   | 0.5      | % |               |
| Legility, LLC                                                              | Professional Services                | First Lien Term Loan                         | 2/25/2020    | 7.00% (6ML+ 6.00%)                      | 1.00          |                | 12/17/2025 | 18,963    |              | 18,661               |   | 18,963   |   | 0.5      | %             | (3)(8)(10)  |
| First Lien Term Loan                                                       | 2/25/2020                    | 7.00% (1ML+ 6.00%)                           | 1.00            |                                         | 12/17/2025 | 387       |                    | 381       |              | 387                  |   | —  | % | (3)(8)(10)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 19,042    |              | 19,350               |   | 0.5      | % |               |
| LGC US FINCO, LLC                                                          | Machinery                            | First Lien Term Loan                         | 1/17/2020    | 8.50% (1ML+ 7.50%)                      | 1.00          |                | 12/20/2025 | 29,100    |              | 28,422               |   | 28,049   |   | 0.7      | %             | (3)(8)(10)  |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 28,422    |              | 28,049               |   | 0.7      | % |               |
| Maverick Healthcare Equity, LLC                                            | Health Care Providers & Services | Preferred Units (1,250,000 units)            | 10/31/2007   |                                         | —       |                | N/A            | —   |              | —              |   | —  |   | —  | %             | (16)        |
| Class A Common Units (1,250,000 units)                                     | 10/31/2007                   |                                              | —         |                                         | N/A            | —   |                    | —   |              | —              |   | —  | % | (16)          |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | —   |              | —              |   | —  | % |               |

----

|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |               |   |               |              |              |           |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|--------------------------------------|----------------------------------------------|----------------------|-----------------------------------------|--------------------|----------------|--------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|--------------|--------------|-----------|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                      |                                              |                      |                                         |                    |                | June 30, 2021      |                |
| Portfolio Company                                                     | Industry                             | Investments(1)(38)                           | Acquisition Date(44) | Coupon/Yield                        | Floor              | Legal Maturity | Principal Value    | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                                              |                                      |                                              |                      |                                         |                    |                |                    |                |              |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                      |                                              |                      |                                         |                    |                |                    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| Medusind Acquisition, Inc. (19)                                            | Health Care Providers & Services | First Lien Term Loan                         | 9/30/2019    | 9.00% (3ML+ 8.00%)                      | 1.00          |                | 4/8/2024   | $              | 24,136  |                           | $ | 23,906   |   | $             | 24,136  |              | 0.6  | % | (3)(10) |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 23,906    |              | 24,136               |   | 0.6      | % |               |
| Mountain View CLO 2013-I Ltd.                                              | Structured Finance                   | Subordinated Structured Note                 | 4/17/2013    | Residual Interest, current yield 5.79%  | —       |                | 10/15/2030 | 43,650    |              | 28,800               |   | 16,135   |   | 0.4      | %            | (5)(14)      |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 28,800    |              | 16,135               |   | 0.4      | % |               |
| Mountain View CLO IX Ltd.                                                  | Structured Finance                   | Subordinated Structured Note                 | 5/13/2015    | Residual Interest, current yield 14.82% | —       |                | 7/15/2031  | 47,830    |              | 28,628               |   | 26,301   |   | 0.7      | %            | (5)(14)      |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 28,628    |              | 26,301               |   | 0.7      | % |               |
| Octagon Investment Partners XV, Ltd.                                       | Structured Finance                   | Subordinated Structured Note                 | 1/24/2013    | Residual Interest, current yield 10.32% | —       |                | 7/19/2030  | 42,064    |              | 32,164               |   | 25,683   |   | 0.7      | %            | (5)(14)      |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 32,164    |              | 25,683               |   | 0.7      | % |               |
| Octagon Investment Partners 18-R Ltd.                                      | Structured Finance                   | Subordinated Structured Note                 | 8/12/2015    | Residual Interest, current yield 16.44% | —       |                | 4/16/2031  | 46,016    |              | 24,976               |   | 18,289   |   | 0.5      | %            | (5)(14)      |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 24,976    |              | 18,289               |   | 0.5      | % |               |
| OneTouchPoint Corp                                                         | Professional Services                | Senior Secured Term Loan                     | 2/19/2021    | 9.00% (3ML+ 8.00%)                      | 1.00          |                | 2/19/2026  | 40,298    |              | 40,298               |   | 40,298   |   | 1.0      | %            | (3)(10)      |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 40,298    |              | 40,298               |   | 1.0      | % |               |
| Orva Buyer, LLC                                                            | Specialty Retail                     | Senior Secured Term Loan                     | 12/23/2020   | 9.50% (1ML+ 7.50%)                      | 2.00          |                | 12/23/2025 | 40,095    |              | 40,095               |   | 40,095   |   | 1.0      | %            | (3)(10)      |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 40,095    |              | 40,095               |   | 1.0      | % |               |
| Pearl Intermediate Parent LLC                                              | Health Care Providers & Services | Second Lien Term Loan                        | 2/1/2018     | 6.35% (1ML+ 6.25%)                      | —       |                | 2/15/2026  | 5,000     |              | 4,985                |   | 5,000    |   | 0.1      | %            | (3)(8)(10)   |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 4,985     |              | 5,000                |   | 0.1      | % |               |
| PeopleConnect Holdings, LLC (11)                                           | Interactive Media & Services     | Revolving Line of Credit - $8,918 Commitment | 1/22/2020    | 10.00% (1ML+ 8.25%)                     | 1.75          |                | 1/22/2025  | —   |              | —              |   | —  |   | —  | %            | (10)(15)     |
| Senior Secured Term Loan                                                   | 1/22/2020                    | 10.00% (3ML+ 8.25%)                          | 1.75            |                                         | 1/22/2025  | 180,127   |                    | 180,127   |              | 180,127              |   | 4.6      | % | (3)(10)       |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 180,127   |              | 180,127              |   | 4.6      | % |               |
| PlayPower, Inc.                                                            | Leisure Products                     | First Lien Term Loan                         | 5/7/2019     | 5.65% (3ML+ 5.50%)                      | —       |                | 5/10/2026  | 5,906     |              | 5,860                |   | 5,906    |   | 0.1      | %            | (3)(8)(10)   |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 5,860     |              | 5,906                |   | 0.1      | % |               |
| Redstone Holdco 2 LP (22)                                                  | IT Services                          | Delayed Draw Term Loan - $18,200 Commitment  | 4/16/2021    | 8.50% (3ML+ 7.75%)                      | 0.75          |                | 4/27/2029  | —   |              | —              |   | —  |   | —  | %            | (8)(10)(15)  |
| Second Lien Term Loan                                                      | 4/16/2021                    | 8.50% (3ML+ 7.75%)                           | 0.75            |                                         | 4/27/2029  | 31,778    |                    | 31,233    |              | 31,490               |   | 0.8      | % | (3)(8)(10)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 31,233    |              | 31,490               |   | 0.8      | % |               |
| Research Now Group, Inc. & Survey Sampling International LLC           | Professional Services                | First Lien Term Loan                         | 12/8/2017    | 6.50% (6ML+ 5.50%)                      | 1.00          |                | 12/20/2024 | 9,650     |              | 9,383                |   | 9,650    |   | 0.2      | %            | (3)(8)(10)   |
| Second Lien Term Loan                                                      | 12/8/2017                    | 10.50% (6ML+ 9.50%)                          | 1.00            |                                         | 12/20/2025 | 50,000    |                    | 48,057    |              | 50,000               |   | 1.3      | % | (3)(8)(10)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 57,440    |              | 59,650               |   | 1.5      | % |               |
| Rising Tide Holdings, Inc.                                                 | Diversified Consumer Services        | Second Lien Term Loan                        | 5/26/2021    | 9.00% (1ML+ 8.25%)                      | 0.75          |                | 6/1/2029   | 23,000    |              | 22,659               |   | 22,711   |   | 0.6      | %            | (8)(10)      |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 22,659    |              | 22,711               |   | 0.6      | % |               |
| RME Group Holding Company                                                  | Media                                | Senior Secured Term Loan A                   | 5/4/2017     | 8.00% (3ML+ 7.00%)                      | 1.00          |                | 5/4/2022   | 26,896    |              | 26,896               |   | 26,896   |   | 0.7      | %            | (3)(10)      |
| Senior Secured Term Loan B                                                 | 5/4/2017                     | 13.00% (3ML+ 12.00%)                         | 1.00            |                                         | 5/4/2022   | 22,099    |                    | 22,099    |              | 22,073               |   | 0.6      | % | (3)(10)       |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 48,995    |              | 48,969               |   | 1.3      | % |               |
| Romark WM-R Ltd.                                                           | Structured Finance                   | Subordinated Structured Note                 | 4/11/2014    | Residual Interest, current yield 9.08%  | —       |                | 4/21/2031  | 27,725    |              | 22,883               |   | 15,346   |   | 0.4      | %            | (5)(14)      |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 22,883    |              | 15,346               |   | 0.4      | % |               |
| Rosa Mexicano                                                              | Hotels, Restaurants & Leisure    | Revolving Line of Credit - $500 Commitment   | 3/29/2018    | 8.75% (3ML+ 7.50%)                      | 1.25          |                | 3/29/2023  | 524       |              | 524                  |   | 505      |   | —  | %            | (10)(15)(39) |
| Senior Secured Term Loan                                                   | 3/29/2018                    | 8.75% (3ML+ 7.50%)                           | 1.25            |                                         | 3/29/2023  | 23,978    |                    | 23,978    |              | 23,119               |   | 0.6      | % | (10)(39)      |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 24,502    |              | 23,624               |   | 0.6      | % |               |

----

|                                                                            |                                        |                              |                      |                                         |                   |                |                   |                |              |                           |   |               |   |               |             |                |           |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|----------------------------------------|------------------------------|----------------------|-----------------------------------------|-------------------|----------------|-------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|-------------|----------------|-----------|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                        |                              |                      |                                         |                   |                | June 30, 2021     |                |
| Portfolio Company                                                     | Industry                               | Investments(1)(38)           | Acquisition Date(44) | Coupon/Yield                        | Floor             | Legal Maturity | Principal Value   | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   |                |              |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                                              |                                        |                              |                      |                                         |                   |                |                   |                |              |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                        |                              |                      |                                         |                   |                |                   |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   |                |              |                           |   |
| Securus Technologies Holdings, Inc.                                        | Communications Equipment               | First Lien Term Loan         | 8/2/2019     | 5.50% (3ML+ 4.50%)                      | 1.00         |                | 11/1/2024 | $              | 9,797   |                           | $ | 9,151    |   | $             | 9,556  |                | 0.2  | % | (8)(10) |
| Second Lien Term Loan                                                      | 6/20/2017                      | 9.25% (3ML+ 8.25%)           | 1.00            |                                         | 11/1/2025 | 50,662    |                   | 50,558    |              | 49,325               |   | 1.3      | % | (3)(8)(10)    |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 59,709    |              | 58,881               |   | 1.5      | % |               |
| SEOTownCenter, Inc.                                                        | IT Services                            | Senior Secured Term Loan A   | 4/10/2018    | 9.50% (3ML+ 7.50%)                      | 2.00         |                | 4/7/2023  | 24,104    |              | 24,104               |   | 24,104   |   | 0.6      | %           | (3)(10)        |
| Senior Secured Term Loan B                                                 | 4/10/2018                      | 14.50% (3ML+ 12.50%)         | 2.00            |                                         | 4/7/2023  | 19,027    |                   | 19,027    |              | 19,027               |   | 0.5      | % | (3)(10)       |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 43,131    |              | 43,131               |   | 1.1      | % |               |
| Shearer’s Foods, LLC                                                 | Food Products                          | Second Lien Term Loan        | 9/15/2020    | 8.75% (1ML+ 7.75%)                      | 1.00         |                | 9/23/2028 | 5,000     |              | 4,909                |   | 5,000    |   | 0.1      | %           | (3)(8)(10)     |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 4,909     |              | 5,000                |   | 0.1      | % |               |
| Shutterfly, LLC                                                            | Internet & Direct Marketing Retail | First Lien Term Loan         | 11/14/2019   | 7.00% (1ML+ 6.00%)                      | 1.00         |                | 9/25/2026 | 16,019    |              | 14,582               |   | 16,019   |   | 0.4      | %           | (3)(8)(10)(47) |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 14,582    |              | 16,019               |   | 0.4      | % |               |
| Sorenson Communications, LLC                                               | Diversified Telecommunication Services | First Lien Term Loan         | 3/12/2021    | 6.25% (3ML+ 5.50%)                      | 0.75         |                | 3/17/2026 | 17,550    |              | 17,379               |   | 17,550   |   | 0.4      | %           | (3)(8)(10)     |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 17,379    |              | 17,550               |   | 0.4      | % |               |
| Southern Veterinary Partners                                               | Health Care Providers & Services   | Second Lien Term Loan        | 10/2/2020    | 8.75% (6ML+ 7.75%)                      | 1.00         |                | 10/5/2028 | 8,000     |              | 7,927                |   | 8,000    |   | 0.2      | %           | (3)(8)(10)     |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 7,927     |              | 8,000                |   | 0.2      | % |               |
| Spectrum Holdings III Corp                                                 | Health Care Equipment & Supplies   | Second Lien Term Loan        | 1/26/2018    | 8.00% (6ML+ 7.00%)                      | 1.00         |                | 1/31/2026 | 7,500     |              | 7,478                |   | 6,721    |   | 0.2      | %           | (3)(8)(10)     |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 7,478     |              | 6,721                |   | 0.2      | % |               |
| Staples, Inc.                                                              | Distributors                           | First Lien Term Loan         | 11/18/2019   | 5.18% (3ML+ 5.00%)                      | —      |                | 4/16/2026 | 8,864     |              | 8,797                |   | 8,687    |   | 0.2      | %           | (3)(8)(10)(47) |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 8,797     |              | 8,687                |   | 0.2      | % |               |
| Strategic Materials                                                        | Household Durables                     | Second Lien Term Loan        | 10/27/2017   | 8.75% (3ML+ 7.75%)                      | 1.00         |                | 11/1/2025 | 7,000     |              | 6,962                |   | 5,629    |   | 0.1      | %           | (3)(8)(10)     |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 6,962     |              | 5,629                |   | 0.1      | % |               |
| Stryker Energy, LLC                                                        | Energy Equipment & Services        | Overriding Royalty Interests | 12/4/2006    |                                         | —      |                | N/A           | —   |              | —              |   | —  |   | —  | %           | (13)(16)       |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | —   |              | —              |   | —  | % |               |
| Sudbury Mill CLO Ltd.                                                      | Structured Finance                     | Subordinated Structured Note | 11/14/2013   | Residual Interest, current yield 0.00%  | —      |                | 1/19/2026 | 28,200    |              | 13,875               |   | 6,868    |   | 0.2      | %           | (5)(14)(17)    |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 13,875    |              | 6,868                |   | 0.2      | % |               |
| Symphony CLO XIV, Ltd.                                                     | Structured Finance                     | Subordinated Structured Note | 5/6/2014     | Residual Interest, current yield 0.00%  | —      |                | 7/14/2026 | 49,249    |              | 26,645               |   | 15,846   |   | 0.4      | %           | (5)(14)(17)    |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 26,645    |              | 15,846               |   | 0.4      | % |               |
| Symphony CLO XV, Ltd.                                                      | Structured Finance                     | Subordinated Structured Note | 10/17/2014   | Residual Interest, current yield 11.95% | —      |                | 1/19/2032 | 63,830    |              | 45,451               |   | 27,674   |   | 0.7      | %           | (5)(14)        |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 45,451    |              | 27,674               |   | 0.7      | % |               |
| The Octave Music Group, Inc.                                               | Entertainment                          | First Lien Term Loan         | 2/26/2020    | 6.25% (1ML+ 5.25%) plus 0.75% PIK       | 1.00         |                | 5/29/2025 | 37,897    |              | 37,604               |   | 37,897   |   | 1.0      | %           | (3)(8)(10)(39) |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 37,604    |              | 37,897               |   | 1.0      | % |               |
| Town & Country Holdings, Inc.                                          | Distributors                           | First Lien Term Loan         | 1/26/2018    | 10.00% (3ML+ 8.50%)                     | 1.50         |                | 1/26/2023 | 160,145   |              | 160,145              |   | 160,145  |   | 4.1      | %           | (3)(10)        |
|                                                                            |                                        |                              |                      |                                         |                   |                |                   | 160,145   |              | 160,145              |   | 4.1      | % |               |

----

|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |               |   |               |              |            |           |   |             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------|--------------------------------------|----------------------------------------------|----------------------|-----------------------------------------|--------------------|----------------|--------------------|----------------|--------------|---------------------------|---|---------------|---|---------------|--------------|------------|-----------|---|-------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                            |                                      |                                              |                      |                                         |                    |                | June 30, 2021      |                |
| Portfolio Company                                                     | Industry                             | Investments(1)(38)                           | Acquisition Date(44) | Coupon/Yield                        | Floor              | Legal Maturity | Principal Value    | Amortized Cost | FairValue(2) | % of Net Assets |   |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| LEVEL 3 PORTFOLIO INVESTMENTS                                              |                                      |                                              |                      |                                         |                    |                |                    |                |              |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| Non-Control/Non-Affiliate Investments (less than 5.00% voting control) |                                      |                                              |                      |                                         |                    |                |                    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    |                |              |                           |   |
| TPS, LLC                                                                   | Machinery                            | First Lien Term Loan                         | 11/30/2020   | 10.00% (3ML+ 9.00%) plus 1.50% PIK      | 1.00          |                | 11/30/2025 | $              | 28,967  |                           | $ | 28,967   |   | $             | 28,967  |            | 0.7  | % | (3)(10)(39) |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 28,967    |              | 28,967               |   | 0.7      | % |               |
| Transplace Holdings, Inc.                                                  | Transportation Infrastructure        | Second Lien Term Loan                        | 10/2/2017    | 9.75% (6ML+ 8.75%)                      | 1.00          |                | 10/6/2025  | 30,900    |              | 30,384               |   | 30,900   |   | 0.8      | %            | (3)(8)(10) |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 30,384    |              | 30,900               |   | 0.8      | % |               |
| United Sporting Companies, Inc. (18)                                       | Distributors                         | Second Lien Term Loan                        | 9/28/2012    | 13.25% (1ML+ 11.00%) plus 2.00% PIK     | 2.25          |                | 11/16/2019 | 144,692   |              | 103,730              |   | 6,936    |   | 0.2      | %            | (9)(10)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 103,730   |              | 6,936                |   | 0.2      | % |               |
| Universal Fiber Systems, LLC                                               | Textiles, Apparel & Luxury Goods | Second Lien Term Loan                        | 10/2/2015    | 10.50% (1ML+ 9.50%)                     | 1.00          |                | 10/2/2022  | 37,000    |              | 36,868               |   | 36,515   |   | 0.9      | %            | (3)(8)(10) |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 36,868    |              | 36,515               |   | 0.9      | % |               |
| Upstream Newco, Inc.                                                       | Health Care Providers & Services | First Lien Term Loan                         | 11/20/2019   | 4.60% (1ML+ 4.50%)                      | —       |                | 11/20/2026 | 8,147     |              | 8,114                |   | 8,147    |   | 0.2      | %            | (3)(8)(10) |
| Second Lien Term Loan                                                      | 11/20/2019                   | 8.60% (1ML+ 8.50%)                           | —         |                                         | 11/20/2027 | 22,000    |                    | 21,835    |              | 22,000               |   | 0.6      | % | (3)(8)(10)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 29,949    |              | 30,147               |   | 0.8      | % |               |
| USG Intermediate, LLC                                                      | Leisure Products                     | Revolving Line of Credit - $3,000 Commitment | 4/15/2015    | 10.25% (1ML+ 9.25%)                     | 1.00          |                | 8/24/2024  | 1,000     |              | 1,000                |   | 1,000    |   | —  | %            | (10)(15)   |
| Senior Secured Term Loan B                                                 | 4/15/2015                    | 12.75% (1ML+ 11.75%)                         | 1.00            |                                         | 8/24/2024  | 13,381    |                    | 13,381    |              | 13,381               |   | 0.3      | % | (3)(10)       |
| Equity                                                                     | 4/15/2015                    |                                              | —         |                                         | N/A            | —   |                    | 1         |              | —              |   | —  | % | (16)          |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 14,382    |              | 14,381               |   | 0.3      | % |               |
| Venio LLC (48)                                                             | Professional Services                | First Lien Term Loan                         | 2/19/2014    | 4.00% plus 10.00% PIK (3ML + 7.50%)     | 2.50          |                | 2/19/2020  | 15,235    |              | 15,235               |   | 12,760   |   | 0.3      | %            | (10)(39)   |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 15,235    |              | 12,760               |   | 0.3      | % |               |
| Vision Solutions, Inc. (29)                                                | IT Services                          | Second Lien Term Loan                        | 4/23/2021    | 8.00% (3ML+ 7.25%)                      | 0.75          |                | 4/23/2029  | 60,000    |              | 59,438               |   | 60,000   |   | 1.5      | %            | (3)(8)(10) |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 59,438    |              | 60,000               |   | 1.5      | % |               |
| Voya CLO 2012-4, Ltd.                                                      | Structured Finance                   | Subordinated Structured Note                 | 11/5/2012    | Residual Interest, current yield 9.72%  | —       |                | 10/15/2030 | 40,612    |              | 30,665               |   | 24,830   |   | 0.6      | %            | (5)(14)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 30,665    |              | 24,830               |   | 0.6      | % |               |
| Voya CLO 2014-1, Ltd.                                                      | Structured Finance                   | Subordinated Structured Note                 | 2/5/2014     | Residual Interest, current yield 8.31%  | —       |                | 4/18/2031  | 40,772    |              | 30,555               |   | 18,151   |   | 0.5      | %            | (5)(14)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 30,555    |              | 18,151               |   | 0.5      | % |               |
| Voya CLO 2016-3, Ltd.                                                      | Structured Finance                   | Subordinated Structured Note                 | 9/30/2016    | Residual Interest, current yield 11.32% | —       |                | 10/20/2031 | 28,100    |              | 25,390               |   | 20,221   |   | 0.5      | %            | (5)(14)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 25,390    |              | 20,221               |   | 0.5      | % |               |
| Voya CLO 2017-3, Ltd.                                                      | Structured Finance                   | Subordinated Structured Note                 | 6/13/2017    | Residual Interest, current yield 13.22% | —       |                | 4/20/2034  | 44,884    |              | 49,537               |   | 42,859   |   | 1.1      | %            | (5)(14)    |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 49,537    |              | 42,859               |   | 1.1      | % |               |
| VT Topco, Inc.                                                             | Commercial Services & Supplies   | Second Lien Term Loan                        | 8/14/2018    | 7.10% (1ML+ 7.00%)                      | —       |                | 8/17/2026  | 7,000     |              | 6,978                |   | 6,882    |   | 0.2      | %            | (3)(8)(10) |
|                                                                            |                                      |                                              |                      |                                         |                    |                |                    | 6,978     |              | 6,882                |   | 0.2      | % |               |
| Total Non-Control/Non-Affiliate Investments (Level 3)                  | $                                    | 3,372,750                               |                      | $                                       | 2,925,327     |                | 74.2          | %              |              |
|                                                                            |                                      |                                              |                      |                                         |
| Total Portfolio Investments (Level 3)                                      | $                                    | 6,058,124                               |                      | $                                       | 6,201,778     |                | 157.2         | %              |              |

----

----

----

----

|                                              |                   |                   |                    |                               |                             |            |               |               |               |               |               |   |               |               |   |               |               |   |              |                 |  |  |  |
|----------------------------------------------|-------------------|-------------------|--------------------|-------------------------------|-----------------------------|------------|---------------|---------------|---------------|---------------|---------------|---|---------------|---------------|---|---------------|---------------|---|--------------|-----------------|--|--|--|
| Industry                                     | 1st LienTerm Loan | 2nd LienTerm Loan | 3rd Lien Term Loan | Subordinated Structured Notes | Subordinated Unsecured Debt | Equity (B) | Cost Total    |
| Control Investments                          |                   |                   |                    |                               |                             |            |               |
| Aerospace & Defense                      | $                 | 80,510       |                    | $                             | —                |            | $             | —  |               | $             | —  |   | $             | —  |   | $             | 22,738   |   | $            | 103,248    |  |
| Commercial Services & Supplies           | 117,460      |                   | —       |                               | —                |            | —  |               | 7,200    |               | 27,349   |   | 152,009  |               |
| Construction & Engineering               | 43,731       |                   | —       |                               | —                |            | —  |               | —  |               | 26,204   |   | 69,935   |               |
| Consumer Finance                             | 420,499      |                   | —       |                               | —                |            | —  |               | —  |               | 71,323   |   | 491,822  |               |
| Diversified Consumer Services                | —      |                   | —       |                               | —                |            | —  |               | —  |               | 2,378    |   | 2,378    |               |
| Energy Equipment & Services              | 60,021       |                   | —       |                               | —                |            | —  |               | —  |               | 220,150  |   | 280,171  |               |
| Equity Real Estate Investment Trusts (REITs) | 470,575      |                   | —       |                               | —                |            | —  |               | —  |               | 3,410    |   | 473,985  |               |
| Health Care Providers & Services         | 254,074      |                   | —       |                               | —                |            | —  |               | —  |               | 45,118   |   | 299,192  |               |
| Machinery                                    | 28,622       |                   | —       |                               | —                |            | —  |               | —  |               | 6,866    |   | 35,488   |               |
| Media                                        | 4,798        |                   | —       |                               | —                |            | —  |               | —  |               | 12,869   |   | 17,667   |               |
| Online Lending                               | 6,600        |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 6,600    |               |
| Personal Products                            | 68,619       |                   | —       |                               | —                |            | —  |               | —  |               | 189,295  |   | 257,914  |               |
| Trading Companies & Distributors         | 32,732       |                   | —       |                               | —                |            | —  |               | —  |               | 32,500   |   | 65,232   |               |
| Structured Finance (A)                       | 108,600      |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 108,600  |               |
| Total Control Investments                    | $                 | 1,696,841    |                    | $                             | —                |            | $             | —  |               | $             | —  |   | $             | 7,200    |   | $             | 660,200  |   | $            | 2,364,241  |  |
| Affiliate Investments                        |                   |                   |                    |                               |                             |            |               |
| Commercial Services & Supplies           | $                 | 3,680        |                    | $                             | —                |            | $             | —  |               | $             | —  |   | $             | —  |   | $             | 10,303   |   | $            | 13,983     |  |
| Diversified Consumer Services                | 67,818       |                   | 153,931       |                               | —                |            | —  |               | —  |               | —  |   | 221,749  |               |
| Textiles, Apparel & Luxury Goods         | —      |                   | —       |                               | —                |            | —  |               | —  |               | 2,805    |   | 2,805    |               |
|  Total Affiliate Investments            | $                 | 71,498       |                    | $                             | 153,931                |            | $             | —  |               | $             | —  |   | $             | —  |   | $             | 13,108   |   | $            | 238,537    |  |
| Non-Control/Non-Affiliate Investments    |                   |                   |                    |                               |                             |            |               |
| Air Freight & Logistics                  | $                 | —      |                    | $                             | 95,000                 |            | —  |               | $             | —  |               | $ | —  |               | $ | —  |               | $ | 95,000  |                 |
| Auto Components                              | 18,239       |                   | 77,043        |                               | —                |            | —  |               | —  |               | —  |   | 95,282   |               |
| Building Products                            | —      |                   | 35,000        |                               | —                |            | —  |               | —  |               | —  |   | 35,000   |               |
| Capital Markets                              | —      |                   | 42,500        |                               | —                |            | —  |               | —  |               | —  |   | 42,500   |               |
|                                              |                   |                   |                    |                               |                             |            |               |
| Commercial Services & Supplies           | 50,000       |                   | 163,365       |                               | —                |            | —  |               | —  |               | —  |   | 213,365  |               |
| Communications Equipment                     | 9,179        |                   | 50,566        |                               | —                |            | —  |               | —  |               | —  |   | 59,745   |               |
| Consumer Finance                             | 44,051       |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 44,051   |               |
| Distributors                                 | 169,104      |                   | 103,730       |                               | —                |            | —  |               | —  |               | —  |   | 272,834  |               |
| Diversified Consumer Services                | —      |                   | 22,680        |                               | —                |            | —  |               | —  |               | —  |   | 22,680   |               |
| Diversified Financial Services               | 30,165       |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 30,165   |               |
| Diversified Telecommunication Services       | 25,896       |                   | 46,641        |                               | —                |            | —  |               | —  |               | —  |   | 72,537   |               |
|                                              |                   |                   |                    |                               |                             |            |               |
|                                              |                   |                   |                    |                               |                             |            |               |
| Entertainment                                | 30,095       |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 30,095   |               |
| Food Products                                | —      |                   | 131,400       |                               | —                |            | —  |               | —  |               | —  |   | 131,400  |               |
| Health Care Equipment & Supplies         | —      |                   | 7,481         |                               | —                |            | —  |               | —  |               | —  |   | 7,481    |               |
| Health Care Providers & Services         | 187,110      |                   | 185,321       |                               | —                |            | —  |               | —  |               | 1,546    |   | 373,977  |               |
| Health Care Technology                       | 65,000       |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 65,000   |               |
| Hotels, Restaurants & Leisure            | 24,045       |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 24,045   |               |
| Household Durables                           | —      |                   | 29,749        |                               | 3,930                  |            | —  |               | —  |               | 2,001    |   | 35,680   |               |
| Household Products                           | 21,061       |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 21,061   |               |
| Insurance                                    | —      |                   | 21,939        |                               | —                |            | —  |               | —  |               | —  |   | 21,939   |               |
| Interactive Media & Services             | 249,831      |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 249,831  |               |
| Internet & Direct Marketing Retail       | 59,892       |                   | —       |                               | —                |            | —  |               | —  |               | —  |   | 59,892   |               |
| IT Services                                  | 169,350      |                   | 108,659       |                               | —                |            | —  |               | —  |               | —  |   | 278,009  |               |
| Leisure Products                             | 31,633       |                   | —       |                               | —                |            | —  |               | —  |               | 1        |   | 31,634   |               |
| Machinery                                    | 56,661       |                   | 9,979         |                               | —                |            | —  |               | —  |               | —  |   | 66,640   |               |
| Media                                        | 56,956       |                   | —       |                               | —                |            | —  |               | —  |               | 26,991   |   | 83,947   |               |
|                                              |                   |                   |                    |                               |                             |            |               |
| Paper & Forest Products                  | 4,440        |                   | 11,445        |                               | —                |            | —  |               | —  |               | —  |   | 15,885   |               |
|                                              |                   |                   |                    |                               |                             |            |               |

----

|                                                |                   |                   |                    |                               |                             |            |                 |             |               |   |                 |  |                 |               |  |   |               |  |   |                 |  |  |  |
|------------------------------------------------|-------------------|-------------------|--------------------|-------------------------------|-----------------------------|------------|-----------------|-------------|---------------|---|-----------------|--|-----------------|---------------|--|---|---------------|--|---|-----------------|--|--|--|
| Industry                                       | 1st LienTerm Loan | 2nd LienTerm Loan | 3rd Lien Term Loan | Subordinated Structured Notes | Subordinated Unsecured Debt | Equity (B) | Cost Total      |
| Professional Services                          | 63,743       |                   | 48,276        |                               | —                |            | —    |             | —  |   | —    |  | 112,019    |               |
|                                                |                   |                   |                    |                               |                             |            |                 |
| Software                                       | —      |                   | 52,267        |                               | —                |            | —    |             | —  |   | —    |  | 52,267     |               |
|                                                |                   |                   |                    |                               |                             |            |                 |
| Technology Hardware, Storage & Peripherals | —      |                   | 12,439        |                               | —                |            | —    |             | —  |   | —    |  | 12,439     |               |
| Textiles, Apparel & Luxury Goods           | 185,527      |                   | 45,854        |                               | —                |            | —    |             | —  |   | —    |  | 231,381    |               |
|                                                |                   |                   |                    |                               |                             |            |                 |
|                                                |                   |                   |                    |                               |                             |            |                 |
| Structured Finance (A)                         | —      |                   | —       |                               | —                |            | 1,050,779  |             | —  |   | —    |  | 1,050,779  |               |
|  Total Non-Control/Non-Affiliate      | $                 | 1,551,978    |                    | $                             | 1,301,334              |            | $               | 3,930  |               | $ | 1,050,779  |  | $               | —  |  | $ | 30,539   |  | $ | 3,938,560  |  |
| Total Portfolio Investment Cost                | $                 | 3,320,317    |                    | $                             | 1,455,265              |            | $               | 3,930  |               | $ | 1,050,779  |  | $               | 7,200    |  | $ | 703,847  |  | $ | 6,541,338  |  |

|                                              |                   |                   |                    |                               |                             |            |                  |                                                       |               |   |               |   |                 |               |            |   |                 |  |   |                 |  |            |   |  |  |  |
|----------------------------------------------|-------------------|-------------------|--------------------|-------------------------------|-----------------------------|------------|------------------|-------------------------------------------------------|---------------|---|---------------|---|-----------------|---------------|------------|---|-----------------|--|---|-----------------|--|------------|---|--|--|--|
| Industry                                     | 1st LienTerm Loan | 2nd LienTerm Loan | 3rd Lien Term Loan | Subordinated Structured Notes | Subordinated Unsecured Debt | Equity (B) | Fair Value Total | Fair Value % of Net Assets Applicable to Common Stock |
| Control Investments                          |                   |                   |                    |                               |                             |            |                  |                                                       |
|  Aerospace & Defense                | $                 | 80,005       |                    | $                             | —                |            | $                | —                                          |               | $ | —  |   | $               | —  |            | $ | —    |  | $ | 80,005     |  | 1.9   | % |
|  Commercial Services & Supplies     | 74,948       |                   | —       |                               | —                |            | —     |                                                       | 5,824    |   | —  |   | 80,772     |               | 2.0   | % |
|  Construction & Engineering         | 43,731       |                   | —       |                               | —                |            | —     |                                                       | —  |   | 102,786  |   | 146,517    |               | 3.5   | % |
|  Consumer Finance                       | 422,754      |                   | —       |                               | —                |            | —     |                                                       | —  |   | 342,091  |   | 764,845    |               | 18.5  | % |
|  Diversified Consumer Services          | —      |                   | —       |                               | —                |            | —     |                                                       | —  |   | 3,833    |   | 3,833      |               | 0.1   | % |
|  Energy Equipment & Services        | 60,021       |                   | —       |                               | —                |            | —     |                                                       | —  |   | 27,584   |   | 87,605     |               | 2.1   | % |
| Equity Real Estate Investment Trusts (REITs) | 470,575      |                   | —       |                               | —                |            | —     |                                                       | —  |   | 638,023  |   | 1,108,598  |               | 26.8  | % |
|  Health Care Providers & Services   | 254,074      |                   | —       |                               | —                |            | —     |                                                       | —  |   | 194,060  |   | 448,134    |               | 10.8  | % |
|  Machinery                              | 28,622       |                   | —       |                               | —                |            | —     |                                                       | —  |   | 22,870   |   | 51,492     |               | 1.2   | % |
|  Media                                  | 4,798        |                   | —       |                               | —                |            | —     |                                                       | —  |   | 73,917   |   | 78,715     |               | 1.9   | % |
|  Online Lending                         | 6,600        |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 6,600      |               | 0.2   | % |
|  Personal Products                      | 64,236       |                   | —       |                               | —                |            | —     |                                                       | —  |   | 615      |   | 64,851     |               | 1.6   | % |
|  Trading Companies & Distributors   | 27,356       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 27,356     |               | 0.7   | % |
| Structured Finance (A)                       | 108,600      |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 108,600    |               | 2.6   | % |
| Total Control Investments                    | $                 | 1,646,320    |                    | $                             | —                |            | $                | —                                          |               | $ | —  |   | $               | 5,824    |            | $ | 1,405,779  |  | $ | 3,057,923  |  | 73.9  | % |
| Fair Value % of Net Assets                   | 39.8         | %                 | —       | %                             | —                | %          | —     | %                                                     | 0.1      | % | 34.0     | % | 73.9       | %             |            |

----

|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |               |   |               |   |               |               |            |   |                 |  |   |                 |  |             |   |  |  |  |
|------------------------------------------------|-------------------|-------------------|--------------------|-------------------------------|-----------------------------|------------|------------------|-------------------------------------------------------|---------------|---|---------------|---|---------------|---------------|------------|---|-----------------|--|---|-----------------|--|-------------|---|--|--|--|
| Industry                                       | 1st LienTerm Loan | 2nd LienTerm Loan | 3rd Lien Term Loan | Subordinated Structured Notes | Subordinated Unsecured Debt | Equity (B) | Fair Value Total | Fair Value % of Net Assets Applicable to Common Stock |
| Affiliate Investments                          |                   |                   |                    |                               |                             |            |                  |                                                       |
| Commercial Services & Supplies             | $                 | 3,680        |                    | $                             | —                |            | $                | —                                          |               | $ | —  |   | $             | —  |            | $ | 15,256     |  | $ | 18,936     |  | 0.5    | % |
| Diversified Consumer Services                  | 67,818       |                   | 153,931       |                               | —                |            | —     |                                                       | —  |   | 153,759  |   | 375,508  |               | 9.0   | % |
| Textiles, Apparel & Luxury Goods           | —      |                   | —       |                               | —                |            | —     |                                                       | —  |   | 35,510   |   | 35,510   |               | 0.9   | % |
| Total Affiliate Investments                    | $                 | 71,498       |                    | $                             | 153,931                |            | $                | —                                          |               | $ | —  |   | $             | —  |            | $ | 204,525    |  | $ | 429,954    |  | 10.4   | % |
| Fair Value % of Net Assets                     | 1.7          | %                 | 3.7           | %                             | —                | %          | —     | %                                                     | —  | % | 5.0      | % | 10.4     | %             |            |
| Non-Control/Non-Affiliate Investments      |                   |                   |                    |                               |                             |            |                  |                                                       |
| Air Freight & Logistics                    | $                 | —      |                    | $                             | 95,000                 |            | $                | —                                          |               | $ | —  |   | $             | —  |            | $ | —    |  | $ | 95,000     |  | 2.3    | % |
| Auto Components                                | 18,497       |                   | 77,887        |                               | —                |            | —     |                                                       | —  |   | —  |   | 96,384   |               | 2.3   | % |
| Building Products                              | —      |                   | 35,000        |                               | —                |            | —     |                                                       | —  |   | —  |   | 35,000   |               | 0.8   | % |
| Capital Markets                                | —      |                   | 42,500        |                               | —                |            | —     |                                                       | —  |   | —  |   | 42,500   |               | 1.0   | % |
|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |
| Commercial Services & Supplies             | 50,000       |                   | 163,687       |                               | —                |            | —     |                                                       | —  |   | —  |   | 213,687  |               | 5.2   | % |
| Communications Equipment                       | 9,662        |                   | 50,640        |                               | —                |            | —     |                                                       | —  |   | —  |   | 60,302   |               | 1.5   | % |
| Consumer Finance                               | 44,403       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 44,403   |               | 1.1   | % |
| Distributors                                   | 168,924      |                   | 6,284         |                               | —                |            | —     |                                                       | —  |   | —  |   | 175,208  |               | 4.2   | % |
| Diversified Consumer Services                  | —      |                   | 23,000        |                               | —                |            | —     |                                                       | —  |   | —  |   | 23,000   |               | 0.6   | % |
| Diversified Financial Services                 | 30,165       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 30,165   |               | 0.7   | % |
| Diversified Telecommunication Services         | 26,305       |                   | 47,670        |                               | —                |            | —     |                                                       | —  |   | —  |   | 73,975   |               | 1.8   | % |
|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |
|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |
| Entertainment                                  | 30,350       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 30,350   |               | 0.7   | % |
| Food Products                                  | —      |                   | 131,948       |                               | —                |            | —     |                                                       | —  |   | —  |   | 131,948  |               | 3.2   | % |
| Health Care Equipment & Supplies           | —      |                   | 7,037         |                               | —                |            | —     |                                                       | —  |   | —  |   | 7,037    |               | 0.2   | % |
| Health Care Providers & Services           | 187,484      |                   | 186,000       |                               | —                |            | —     |                                                       | —  |   | 1,547    |   | 375,031  |               | 9.1   | % |
| Health Care Technology                         | 65,000       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 65,000   |               | 1.6   | % |
| Hotels, Restaurants & Leisure              | 23,652       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 23,652   |               | 0.6   | % |
| Household Durables                             | —      |                   | 28,700        |                               | 3,930                  |            | —     |                                                       | —  |   | 5,859    |   | 38,489   |               | 0.9   | % |
| Household Products                             | 21,061       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 21,061   |               | 0.5   | % |
| Insurance                                      | —      |                   | 22,280        |                               | —                |            | —     |                                                       | —  |   | —  |   | 22,280   |               | 0.5   | % |
| Interactive Media & Services               | 249,831      |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 249,831  |               | 6.0   | % |
| Internet & Direct Marketing Retail         | 59,949       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 59,949   |               | 1.4   | % |
| IT Services                                    | 169,350      |                   | 108,962       |                               | —                |            | —     |                                                       | —  |   | —  |   | 278,312  |               | 6.6   | % |
| Leisure Products                               | 31,469       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 31,469   |               | 0.8   | % |
| Machinery                                      | 57,263       |                   | 10,000        |                               | —                |            | —     |                                                       | —  |   | —  |   | 67,263   |               | 1.6   | % |
| Media                                          | 56,540       |                   | —       |                               | —                |            | —     |                                                       | —  |   | —  |   | 56,540   |               | 1.4   | % |
|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |
| Paper & Forest Products                    | 4,447        |                   | 10,756        |                               | —                |            | —     |                                                       | —  |   | —  |   | 15,203   |               | 0.4   | % |
|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |
| Professional Services                          | 61,692       |                   | 50,000        |                               | —                |            | —     |                                                       | —  |   | —  |   | 111,692  |               | 2.7   | % |
|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |
| Software                                       | —      |                   | 52,500        |                               | —                |            | —     |                                                       | —  |   | —  |   | 52,500   |               | 1.3   | % |
|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |
| Technology Hardware, Storage & Peripherals | —      |                   | 12,500        |                               | —                |            | —     |                                                       | —  |   | —  |   | 12,500   |               | 0.3   | % |
| Textiles, Apparel & Luxury Goods           | 185,527      |                   | 45,253        |                               | —                |            | —     |                                                       | —  |   | —  |   | 230,780  |               | 5.6   | % |
|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |
|                                                |                   |                   |                    |                               |                             |            |                  |                                                       |
| Structured Finance (A)                         | —      |                   | —       |                               | —                |            | 744,458     |                                                       | —  |   | —  |   | 744,458  |               | 17.9  | % |
| Total Non-Control/Non-Affiliate            | $                 | 1,551,571    |                    | $                             | 1,207,604              |            | $                | 3,930                                            |               | $ | 744,458  |   | $             | —  |            | $ | 7,406      |  | $ | 3,514,969  |  | 84.8   | % |
| Fair Value % of Net Assets                     | 37.5         | %                 | 29.2          | %                             | 0.1                    | %          | 17.9        | %                                                     | —  | % | 0.1      | % | 84.8     | %             |            |
| Total Portfolio                                | $                 | 3,269,389    |                    | $                             | 1,361,535              |            | $                | 3,930                                            |               | $ | 744,458  |   | $             | 5,824    |            | $ | 1,617,710  |  | $ | 7,002,846  |  | 169.1  | % |
| Fair Value % of Net Assets                     | 79.0         | %                 | 32.9          | %                             | 0.1                    | %          | 17.9        | %                                                     | 0.1      | % | 39.1     | % | 169.1    | %             |            |

|                                                   |                   |                    |                   |                    |                               |                             |               |                 |                 |   |               |  |               |                 |                 |   |               |  |   |               |  |   |                 |  |  |  |
|---------------------------------------------------|-------------------|--------------------|-------------------|--------------------|-------------------------------|-----------------------------|---------------|-----------------|-----------------|---|---------------|--|---------------|-----------------|-----------------|---|---------------|--|---|---------------|--|---|-----------------|--|--|--|
| Industry                                          | 1st LienTerm Loan | 1.5 Lien Term Loan | 2nd LienTerm Loan | 3rd Lien Term Loan | Subordinated Structured Notes | Subordinated Unsecured Debt | Equity (B)    | Cost Total      |
| Control Investments                               |                   |                    |                   |                    |                               |                             |               |                 |
| Aerospace & Defense                           | $                 | 75,406        |                   | $                  | —                  |                             | $             | —    |                 | $ | —  |  | $             | —    |                 | $ | —  |  | $ | 22,738   |  | $ | 98,144     |  |
| Commercial Services & Supplies                | 114,184      |                    | —      |                    | —                  |                             | —  |                 | —    |   | 7,200    |  | 27,349   |                 | 148,733    |   |
| Construction & Engineering                    | 43,731       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 26,204   |                 | 69,935     |   |
| Consumer Finance                                  | 344,968      |                    | —      |                    | 65,599                   |                             | —  |                 | —    |   | —  |  | 71,323   |                 | 481,890    |   |
| Diversified Consumer Services                     | —      |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 2,378    |                 | 2,378      |   |
| Energy Equipment & Services                   | 57,078       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 220,149  |                 | 277,227    |   |
| Equity Real Estate Investment Trusts (REITs)      | 656,701      |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 210      |                 | 656,911    |   |
| Health Care Providers & Services              | 237,571      |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 45,118   |                 | 282,689    |   |
| Machinery                                         | 28,622       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 6,866    |                 | 35,488     |   |
| Media                                             | 4,874        |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 12,869   |                 | 17,743     |   |
| Online Lending                                    | 6,600        |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | —  |                 | 6,600      |   |
| Personal Products                                 | 62,450       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 186,795  |                 | 249,245    |   |
| Trading Companies & Distributors              | 32,748       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 32,500   |                 | 65,248     |   |
| Structured Finance (A)                            | 90,200       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | —  |                 | 90,200     |   |
|     Total Control Investments | $                 | 1,755,133     |                   | $                  | —                  |                             | $             | 65,599     |                 | $ | —  |  | $             | —    |                 | $ | 7,200    |  | $ | 654,499  |  | $ | 2,482,431  |  |
| Affiliate Investments                             |                   |                    |                   |                    |                               |                             |               |                 |
| Commercial Services & Supplies                | $                 | 3,680         |                   | $                  | —                  |                             | $             | —    |                 | $ | —  |  | $             | —    |                 | $ | —  |  | $ | 10,302   |  | $ | 13,982     |  |
| Diversified Consumer Services                     | 45,720       |                    | 18,164       |                    | 122,272                  |                             | —  |                 | —    |   | —  |  | —  |                 | 186,156    |   |
| Textiles, Apparel & Luxury Goods              | —      |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 2,805    |                 | 2,805      |   |
| Total Affiliate Investments                       | $                 | 49,400        |                   | $                  | 18,164                   |                             | $             | 122,272    |                 | $ | —  |  | $             | —    |                 | $ | —  |  | $ | 13,107   |  | $ | 202,943    |  |
| Non-Control/Non-Affiliate Investments         |                   |                    |                   |                    |                               |                             |               |                 |
| Air Freight & Logistics                       | $                 | —       |                   | $                  | —                  |                             | $             | 12,500     |                 | $ | —  |  | $             | —    |                 | $ | —  |  | $ | —  |  | $ | 12,500     |  |
| Auto Components                                   | 18,307       |                    | —      |                    | 57,016                   |                             | —  |                 | —    |   | —  |  | —  |                 | 75,323     |   |
| Chemicals                                         | 28,745       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | —  |                 | 28,745     |   |
| Commercial Services & Supplies                | 9,718        |                    | —      |                    | 85,184                   |                             | —  |                 | —    |   | —  |  | —  |                 | 94,902     |   |
| Communications Equipment                          | 9,151        |                    | —      |                    | 50,558                   |                             | —  |                 | —    |   | —  |  | —  |                 | 59,709     |   |
| Consumer Finance                                  | 37,429       |                    | —      |                    | 12,525                   |                             | —  |                 | —    |   | —  |  | —  |                 | 49,954     |   |
| Distributors                                      | 168,942      |                    | —      |                    | 103,730                  |                             | —  |                 | —    |   | —  |  | —  |                 | 272,672    |   |
| Diversified Consumer Services                     | —      |                    | —      |                    | 22,659                   |                             | —  |                 | —    |   | —  |  | —  |                 | 22,659     |   |
| Diversified Financial Services                    | 30,165       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | —  |                 | 30,165     |   |
| Diversified Telecommunication Services            | 26,818       |                    | —      |                    | 39,515                   |                             | —  |                 | —    |   | —  |  | —  |                 | 66,333     |   |
| Entertainment                                     | 40,585       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | —  |                 | 40,585     |   |
| Food Products                                     | —      |                    | —      |                    | 61,409                   |                             | —  |                 | —    |   | —  |  | —  |                 | 61,409     |   |
| Health Care Equipment & Supplies              | —      |                    | —      |                    | 7,478                    |                             | —  |                 | —    |   | —  |  | —  |                 | 7,478      |   |
| Health Care Providers & Services              | 179,401      |                    | —      |                    | 121,279                  |                             | —  |                 | —    |   | —  |  | —  |                 | 300,680    |   |
| Hotels, Restaurants & Leisure                 | 24,502       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | —  |                 | 24,502     |   |
| Household Durables                                | —      |                    | —      |                    | 6,962                    |                             | 3,950    |                 | —    |   | —  |  | 2,001    |                 | 12,913     |   |
| Household Products                                | 21,186       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | —  |                 | 21,186     |   |
| Insurance                                         | —      |                    | —      |                    | 21,911                   |                             | —  |                 | —    |   | —  |  | —  |                 | 21,911     |   |
| Interactive Media & Services                  | 180,127      |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | —  |                 | 180,127    |   |
| Internet & Direct Marketing Retail            | 54,677       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | —  |                 | 54,677     |   |
| IT Services                                       | 170,228      |                    | —      |                    | 90,671                   |                             | —  |                 | —    |   | —  |  | —  |                 | 260,899    |   |
| Leisure Products                                  | 20,241       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 1        |                 | 20,242     |   |
| Machinery                                         | 57,389       |                    | —      |                    | 4,976                    |                             | —  |                 | —    |   | —  |  | —  |                 | 62,365     |   |
| Media                                             | 61,224       |                    | —      |                    | —                  |                             | —  |                 | —    |   | —  |  | 26,991   |                 | 88,215     |   |
| Paper & Forest Products                       | 4,418        |                    | —      |                    | 11,429                   |                             | —  |                 | —    |   | —  |  | —  |                 | 15,847     |   |
| Professional Services                             | 83,958       |                    | —      |                    | 48,057                   |                             | —  |                 | —    |   | —  |  | —  |                 | 132,015    |   |
|                                                   |                   |                    |                   |                    |                               |                             |               |                 |
| Software                                          | —      |                    | —      |                    | 22,240                   |                             | —  |                 | —    |   | —  |  | —  |                 | 22,240     |   |
| Technology Hardware, Storage & Peripherals    | —      |                    | —      |                    | 12,431                   |                             | —  |                 | —    |   | —  |  | —  |                 | 12,431     |   |
| Textiles, Apparel & Luxury Goods              | 162,639      |                    | —      |                    | 36,868                   |                             | —  |                 | —    |   | —  |  | —  |                 | 199,507    |   |
| Transportation Infrastructure                     | —      |                    | —      |                    | 30,384                   |                             | —  |                 | —    |   | —  |  | —  |                 | 30,384     |   |
| Structured Finance                                | —      |                    | —      |                    | —                  |                             | —  |                 | 1,090,175  |   | —  |  | —  |                 | 1,090,175  |   |
| Total Non-Control/Non-Affiliate               | $                 | 1,389,850     |                   | $                  | —                  |                             | $             | 859,782    |                 | $ | 3,950    |  | $             | 1,090,175  |                 | $ | —  |  | $ | 28,993   |  | $ | 3,372,750  |  |
| Total Portfolio Investment Cost                   | $                 | 3,194,383     |                   | $                  | 18,164                   |                             | $             | 1,047,653  |                 | $ | 3,950    |  | $             | 1,090,175  |                 | $ | 7,200    |  | $ | 696,599  |  | $ | 6,058,124  |  |

----

|                                              |                   |                    |                   |                    |                               |                             |               |                  |                            |   |               |   |               |               |                 |   |               |   |   |                 |  |   |                 |  |            |   |  |  |  |
|----------------------------------------------|-------------------|--------------------|-------------------|--------------------|-------------------------------|-----------------------------|---------------|------------------|----------------------------|---|---------------|---|---------------|---------------|-----------------|---|---------------|---|---|-----------------|--|---|-----------------|--|------------|---|--|--|--|
| Industry                                     | 1st LienTerm Loan | 1.5 Lien Term Loan | 2nd LienTerm Loan | 3rd Lien Term Loan | Subordinated Structured Notes | Subordinated Unsecured Debt | Equity (B)    | Fair Value Total | Fair Value % of Net Assets |
| Control Investments                          |                   |                    |                   |                    |                               |                             |               |                  |                            |
| Aerospace & Defense                      | $                 | 75,406        |                   | $                  | —                  |                             | $             | —     |                            | $ | —  |   | $             | —  |                 | $ | —  |   | $ | 8,834      |  | $ | 84,240     |  | 2.1   | % |
| Commercial Services & Supplies           | 79,780       |                    | —      |                    | —                  |                             | —  |                  | —               |   | 3,715    |   | —  |               | 83,495     |   | 2.1      | % |
| Construction & Engineering               | 43,731       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 105,964  |               | 149,695    |   | 3.8      | % |
| Consumer Finance                             | 344,968      |                    | —      |                    | 68,137                   |                             | —  |                  | —               |   | —  |   | 305,267  |               | 718,372    |   | 18.2     | % |
| Diversified Consumer Services                | —      |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 3,833    |               | 3,833      |   | 0.1      | % |
| Energy Equipment & Services              | 57,078       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 26,126   |               | 83,204     |   | 2.1      | % |
| Equity Real Estate Investment Trusts (REITs) | 656,701      |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 436,254  |               | 1,092,955  |   | 27.6     | % |
| Health Care Providers & Services         | 237,571      |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 174,768  |               | 412,339    |   | 10.5     | % |
| Machinery                                    | 28,622       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 21,071   |               | 49,693     |   | 1.3      | % |
| Media                                        | 4,874        |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 42,014   |               | 46,888     |   | 1.2      | % |
| Online Lending                               | 6,600        |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 6,600      |   | 0.2      | % |
| Personal Products                            | 62,450       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 8,647    |               | 71,097     |   | 1.8      | % |
| Trading Companies & Distributors         | 27,106       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 27,106     |   | 0.7      | % |
| Structured Finance (A)                       | 90,200       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 90,200     |   | 2.3      | % |
| Total Control Investments                    | $                 | 1,715,087     |                   | $                  | —                  |                             | $             | 68,137      |                            | $ | —  |   | $             | —  |                 | $ | 3,715    |   | $ | 1,132,778  |  | $ | 2,919,717  |  | 74.0  | % |
| Fair Value % of Net Assets                   | 43.5         | %                  | —      | %                  | 1.7                      | %                           | —  | %                | —               | % | 0.1      | % | 28.7     | %             | 74.0       | % |               |
| Affiliate Investments                        |                   |                    |                   |                    |                               |                             |               |                  |                            |
| Commerical Sevices & Supplies            | $                 | 3,680         |                   | $                  | —                  |                             | $             | —     |                            | $ | —  |   | $             | —  |                 | $ | —  |   | $ | 13,760     |  | $ | 17,440     |  | 0.4   | % |
| Diversified Consumer Services                | 47,746       |                    | 18,164       |                    | 122,272                  |                             | —  |                  | —               |   | —  |   | 124,907  |               | 313,089    |   | 7.9      | % |
| Textiles, Apparel & Luxury Goods         | —      |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 26,205   |               | 26,205     |   | 0.7      | % |
| Total Affiliate Investments                  | $                 | 51,426        |                   | $                  | 18,164                   |                             | $             | 122,272     |                            | $ | —  |   | $             | —  |                 | $ | —  |   | $ | 164,872    |  | $ | 356,734    |  | 9.0   | % |
| Fair Value % of Net Assets                   | 1.3          | %                  | 0.5          | %                  | 3.1                      | %                           | —  | %                | —               | % | —  | % | 4.1      | %             | 9.0        | % |               |
| Non-Control/Non-Affiliate Investments    |                   |                    |                   |                    |                               |                             |               |                  |                            |
| Air Freight & Logistics                  | $                 | —       |                   | $                  | —                  |                             | $             | 12,500      |                            | $ | —  |   | $             | —  |                 | $ | —  |   | $ | —    |  | $ | 12,500     |  | 0.3   | % |
| Auto Components                              | 18,633       |                    | —      |                    | 57,887                   |                             | —  |                  | —               |   | —  |   | —  |               | 76,520     |   | 1.9      | % |
| Commercial Services & Supplies           | 9,800        |                    | —      |                    | 85,382                   |                             | —  |                  | —               |   | —  |   | —  |               | 95,182     |   | 2.4      | % |
| Communications Equipment                     | 9,556        |                    | —      |                    | 49,325                   |                             | —  |                  | —               |   | —  |   | —  |               | 58,881     |   | 1.5      | % |
| Chemicals                                    | 28,863       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 28,863     |   | 0.7      | % |
| Consumer Finance                             | 38,041       |                    | —      |                    | 15,188                   |                             | —  |                  | —               |   | —  |   | —  |               | 53,229     |   | 1.3      | % |
| Distributors                                 | 168,832      |                    | —      |                    | 6,936                    |                             | —  |                  | —               |   | —  |   | —  |               | 175,768    |   | 4.5      | % |
| Diversified Consumer Services                | —      |                    | —      |                    | 22,711                   |                             | —  |                  | —               |   | —  |   | —  |               | 22,711     |   | 0.6      | % |
| Diversified Financial Services               | 30,165       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 30,165     |   | 0.8      | % |
| Diversified Telecommunication Services       | 27,278       |                    | —      |                    | 40,170                   |                             | —  |                  | —               |   | —  |   | —  |               | 67,448     |   | 1.7      | % |
| Entertainment                                | 40,928       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 40,928     |   | 1.0      | % |
| Food Products                                | —      |                    | —      |                    | 61,948                   |                             | —  |                  | —               |   | —  |   | —  |               | 61,948     |   | 1.6      | % |
| Health Care Equipment & Supplies         | —      |                    | —      |                    | 6,721                    |                             | —  |                  | —               |   | —  |   | —  |               | 6,721      |   | 0.2      | % |
| Health Care Providers & Services         | 179,768      |                    | —      |                    | 122,000                  |                             | —  |                  | —               |   | —  |   | —  |               | 301,768    |   | 7.6      | % |
| Hotels, Restaurants & Leisure            | 23,624       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 23,624     |   | 0.6      | % |
| Household Durables                           | —      |                    | —      |                    | 5,629                    |                             | 3,950    |                  | —               |   | —  |   | 5,824    |               | 15,403     |   | 0.4      | % |
| Household Products                           | 21,186       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 21,186     |   | 0.5      | % |
| Insurance                                    | —      |                    | —      |                    | 22,280                   |                             | —  |                  | —               |   | —  |   | —  |               | 22,280     |   | 0.6      | % |

----

|                                                |                   |                    |                   |                    |                               |                             |               |                  |                            |   |               |   |               |               |               |   |               |   |   |                 |  |   |                 |  |             |   |  |  |  |
|------------------------------------------------|-------------------|--------------------|-------------------|--------------------|-------------------------------|-----------------------------|---------------|------------------|----------------------------|---|---------------|---|---------------|---------------|---------------|---|---------------|---|---|-----------------|--|---|-----------------|--|-------------|---|--|--|--|
| Industry                                       | 1st LienTerm Loan | 1.5 Lien Term Loan | 2nd LienTerm Loan | 3rd Lien Term Loan | Subordinated Structured Notes | Subordinated Unsecured Debt | Equity (B)    | Fair Value Total | Fair Value % of Net Assets |
| Interactive Media & Services               | 180,127      |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 180,127  |   | 4.6      | % |
| Internet & Direct Marketing Retail         | 56,114       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 56,114   |   | 1.5      | % |
| IT Services                                    | 170,228      |                    | —      |                    | 91,490                   |                             | —  |                  | —               |   | —  |   | —  |               | 261,718  |   | 6.7      | % |
| Leisure Products                               | 20,287       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | —  |               | 20,287   |   | 0.5      | % |
| Machinery                                      | 57,016       |                    | —      |                    | 4,973                    |                             | —  |                  | —               |   | —  |   | —  |               | 61,989   |   | 1.6      | % |
| Media                                          | 60,224       |                    | —      |                    | —                  |                             | —  |                  | —               |   | —  |   | 707      |               | 60,931   |   | 1.5      | % |
| Paper & Forest Products                    | 4,468        |                    | —      |                    | 11,347                   |                             | —  |                  | —               |   | —  |   | —  |               | 15,815   |   | 0.4      | % |
| Professional Services                          | 82,058       |                    | —      |                    | 50,000                   |                             | —  |                  | —               |   | —  |   | —  |               | 132,058  |   | 3.3      | % |
| Software                                       | —      |                    | —      |                    | 22,500                   |                             | —  |                  | —               |   | —  |   | —  |               | 22,500   |   | 0.6      | % |
| Technology Hardware, Storage & Peripherals | —      |                    | —      |                    | 12,500                   |                             | —  |                  | —               |   | —  |   | —  |               | 12,500   |   | 0.3      | % |
| Textiles, Apparel & Luxury Goods           | 162,639      |                    | —      |                    | 36,515                   |                             | —  |                  | —               |   | —  |   | —  |               | 199,154  |   | 5.0      | % |
| Transportation Infrastructure                  | —      |                    | —      |                    | 30,900                   |                             | —  |                  | —               |   | —  |   | —  |               | 30,900   |   | 0.8      | % |
| Structured Finance                             | —      |                    | —      |                    | —                  |                             | —  |                  | 756,109               |   | —  |   | —  |               | 756,109  |   | 19.2     | % |
| Total Non-Control/Non-Affiliate            | $                 | 1,389,835     |                   | $                  | —                  |                             | $             | 768,902     |                            | $ | 3,950    |   | $             | 756,109  |               | $ | —  |   | $ | 6,531      |  | $ | 2,925,327  |  | 74.2   | % |
| Fair Value % of Net Assets                     | 35.2         | %                  | —      | %                  | 19.5                     | %                           | 0.1      | %                | 19.2                  | % | —  | % | 0.2      | %             | 74.2     | % |               |
| Total Portfolio                                | $                 | 3,156,348     |                   | $                  | 18,164                   |                             | $             | 959,311     |                            | $ | 3,950    |   | $             | 756,109  |               | $ | 3,715    |   | $ | 1,304,181  |  | $ | 6,201,778  |  | 157.2  | % |
| Fair Value % of Net Assets                     | 80.0         | %                  | 0.5          | %                  | 24.3                     | %                           | 0.1      | %                | 19.2                  | % | 0.1      | % | 33.0     | %             | 157.2    | % |               |

----

|                                                                                      |                        |                         |                          |   |               |   |     |  |  |  |  |  |  |  |
|--------------------------------------------------------------------------------------|------------------------|-------------------------|--------------------------|---|---------------|---|-----|--|--|--|--|--|--|--|
| Security Name                                                                        | PIK Rate - Capitalized | PIK Rate - Paid as cash | Maximum Current PIK Rate |   |
| CP Energy Services Inc. - Senior Secured Term Loan                                   | 12.00             | %                       | —             | % | 12.00    | % | (A) |
| CP Energy Services Inc. - Senior Secured Term Loan A to Spartan Energy Services, LLC | 9.00              | %                       | —             | % | 9.00     | % | (B) |
| Credit Central Loan Company, LLC - Subordinated Term Loan                            | 10.00             | %                       | —             | % | 10.00    | % | (C) |
| Echelon Transportation, LLC - Senior Secured Term Loan                               | —           | %                       | —             | % | 2.25     | % | (D) |
| Echelon Transportation, LLC - Senior Secured Term Loan                               | —           | %                       | —             | % | 1.00     | % | (E) |
| First Tower Finance Company LLC - Senior Secured Term Loan                           | 4.15              | %                       | 7.85                | % | 12.00    | % |     |
| InterDent, Inc. - Senior Secured Term Loan B                                         | 12.00             | %                       | —             | % | 12.00    | % |     |
| MITY, Inc. - Senior Secured Note A                                                   | 10.00             | %                       | —             | % | —  | % | (F) |
| MITY, Inc. - Senior Secured Note B                                                   | 20.00             | %                       | —             | % | 10.00    | % | (F) |
| National Property REIT Corp. - Senior Secured Term Loan A                            | —           | %                       | 3.53                | % | 3.53     | % |     |
| National Property REIT Corp. - Senior Secured Term Loan B                            | —           | %                       | 5.50                | % | 5.50     | % |     |
| National Property REIT Corp. - Senior Secured Term Loan C                            | —           | %                       | 2.25                | % | 2.25     | % |     |
| National Property REIT Corp. - Senior Secured Term Loan D                            | —           | %                       | 2.50                | % | 2.50     | % |     |
| Nationwide Loan Company LLC - Senior Subordinated Term Loan                          | —           | %                       | 10.00               | % | 10.00    | % |     |
| Pacific World Corporation - Revolving Line of Credit                                 | 8.25              | %                       | —             | % | 8.25     | % | (G) |
| Pacific World Corporation - Senior Secured Term Loan A                               | 6.25              | %                       | —             | % | 6.25     | % |     |
|                                                                                      |                        |                         |                          |   |
| The Octave Music Group, Inc. (fka Touchtunes) - First Lien Term Loan                 | —           | %                       | 0.75                | % | 0.75     | % |     |
| Town & Country Holdings, Inc. - First Lien Term Loan                             | 8.125             | %                       | —             | % | 8.125    | % | (H) |
| TPS, LLC - First Lien Term Loan                                                      | 1.50              | %                       | —             | % | 1.50     | % |     |
| Valley Electric Co. of Mt. Vernon, Inc. - Senior Secured Note                        | —           | %                       | 2.50                | % | 2.50     | % |     |
| Valley Electric Company, Inc. - Senior Secured Note                                  | —           | %                       | 10.00               | % | 10.00    | % |     |
| Venio LLC - First Lien Term Loan                                                     | 1.00              | %                       | —             | % | 1.00     | % |     |

----

|                                                                      |                        |                         |                          |     |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------|------------------------|-------------------------|--------------------------|-----|--|--|--|--|--|--|--|--|--|--|
| Security Name                                                        | PIK Rate - Capitalized | PIK Rate - Paid as cash | Maximum Current PIK Rate |     |
| Cinedigm DC Holdings, LLC - Senior Secured Term Loan                 | —%               | 2.50%                   | 2.50%                    |     |
| CP Energy Services Inc. - Senior Secured Term Loan                   | 12.00%                 | —%                | 12.00%                   | (A) |
| Credit Central Loan Company, LLC - Subordinated Term Loan            | —%               | 10.00%                  | 10.00%                   | (B) |
| Echelon Transportation, LLC - Senior Secured Term Loan               | 2.25%                  | —%                | 2.25%                    | (C) |
| Echelon Transportation, LLC - Senior Secured Term Loan               | 1.00%                  | —%                | 1.00%                    | (D) |
| First Tower Finance Company LLC - First Lien Term Loan               | 3.69%                  | 8.31%                   | 12.00%                   |     |
| InterDent, Inc. - Senior Secured Term Loan B                         | 12.00%                 | —%                | 12.00%                   |     |
| MITY, Inc. - Senior Secured Note A                                   | 10.00%                 | —%                | —%                 | (E) |
| MITY, Inc. - Senior Secured Note B                                   | 20.00%                 | —%                | 10.00%                   | (E) |
| National Property REIT Corp. - Senior Secured Term Loan A            | —%               | 3.53%                   | 3.53%                    |     |
| National Property REIT Corp. - Senior Secured Term Loan B            | —%               | 5.50%                   | 5.50%                    |     |
| National Property REIT Corp. - Senior Secured Term Loan C            | —%               | 2.25%                   | 2.25%                    |     |
| National Property REIT Corp. - Senior Secured Term Loan D            | —%               | 2.50%                   | 2.50%                    |     |
| Nationwide Loan Company LLC - Senior Secured Term Loan               | —%               | 10.00%                  | 10.00%                   |     |
| Pacific World Corporation - Senior Secured Term Loan A               | 6.25%                  | —%                | 6.25%                    |     |
| PGX Holdings, Inc. - Second Lien Term Loan                           | 15.75%                 | —%                | 15.75%                   |     |
| PGX Holdings, Inc. - 1.5 Lien                                        | 14.50%                 | —%                | 14.50%                   |     |
| PGX Holdings, Inc. - First Lien Term Loan                            | 4.25%                  | —%                | 4.25%                    |     |
| Rosa Mexicano - Revolving Line of Credit                             | 4.50%                  | —%                | 4.50%                    | (F) |
| Rosa Mexicano - Senior Secured Term Loan                             | 4.50%                  | —%                | 4.50%                    | (F) |
| The Octave Music Group, Inc. (fka Touchtunes) - First Lien Term Loan | —%               | 0.75%                   | 0.75%                    |     |
| TPS, LLC - First Lien Term Loan                                      | 1.50%                  | —%                | 1.50%                    |     |
| Valley Electric Co. of Mt. Vernon, Inc. - Senior Secured Note        | —%               | 2.50%                   | 2.50%                    |     |
| Valley Electric Company, Inc. - Senior Secured Note                  | —%               | 10.00%                  | 10.00%                   |     |
| Venio LLC - First Lien Term Loan                                     | 10.00%                 | —%                | 10.00%                   |     |

----

|                                          |                             |                           |                            |                              |                                 |                |                |               |                            |   |               |  |               |                 |               |   |               |  |   |               |  |   |               |  |   |               |  |  |  |
|------------------------------------------|-----------------------------|---------------------------|----------------------------|------------------------------|---------------------------------|----------------|----------------|---------------|----------------------------|---|---------------|--|---------------|-----------------|---------------|---|---------------|--|---|---------------|--|---|---------------|--|---|---------------|--|--|--|
| Controlled Companies                     | Fair Value at June 30, 2021 | Gross Additions (Cost)(A) | Gross Reductions (Cost)(B) | Net unrealizedgains (losses) | Fair Value at December 31, 2021 | Interestincome | Dividendincome | Otherincome   | Net realizedgains (losses) |
| CP Energy Services Inc.                  | $                           | 44,621               |                            | $                            | 2,581                      |                | $              | —  |                            | $ | (3,200)       |  | $             | 44,002     |               | $ | 2,580    |  | $ | —  |  | $ | —  |  | $ | —  |  |
| CP Energy - Spartan Energy Services, LLC | 26,866                 |                           | 363                   |                              | —                    |                | 4,507     |               | 31,736                |   | 723      |  | —  |                 | 6        |   | —  |  |
| Credit Central Loan Company, LLC         | 78,023                 |                           | 3,841                 |                              | —                    |                | 7,661     |               | 89,525                |   | 7,401    |  | —  |                 | —  |   | —  |  |
| Echelon Transportation LLC               | 84,240                 |                           | 5,104                 |                              | —                    |                | (9,339)        |               | 80,005                |   | 5,457    |  | —  |                 | —  |   | —  |  |
| First Tower Finance Company LLC          | 592,356                |                           | 7,250                 |                              | (1,159)                         |                | 26,650    |               | 625,097               |   | 36,779   |  | —  |                 | 7,234    |   | —  |  |
| Freedom Marine Solutions, LLC            | 11,717                 |                           | —               |                              | —                    |                | 150       |               | 11,867                |   | —  |  | —  |                 | —  |   | —  |  |
| InterDent, Inc.                          | 412,339                |                           | 16,749                |                              | (246)                           |                | 19,292    |               | 448,134               |   | 12,933   |  | —  |                 | —  |   | —  |  |
| Kickapoo Ranch Pet Resort                | 3,833                  |                           | —               |                              | —                    |                | —   |               | 3,833                 |   | —  |  | —  |                 | —  |   | —  |  |
| MITY, Inc.                               | 49,680                 |                           | 3,276                 |                              | —                    |                | 2,109     |               | 55,065                |   | 3,577    |  | —  |                 | —  |   | 6        |  |
| National Property REIT Corp.             | 1,189,755              |                           | 115,356               |                              | (279,882)                       |                | 198,569   |               | 1,223,798             |   | 32,561   |  | —  |                 | 21,162   |   | —  |  |
| Nationwide Loan Company LLC              | 47,993                 |                           | —               |                              | —                    |                | 2,230     |               | 50,223                |   | 2,071    |  | 1,750    |                 | —  |   | —  |  |
| NMMB, Inc.                               | 46,888                 |                           | —               |                              | (76)                            |                | 31,903    |               | 78,715                |   | 261      |  | 3,046    |                 | —  |   | —  |  |
| Pacific World Corporation                | 71,097                 |                           | 8,669                 |                              | —                    |                | (14,915)       |               | 64,851                |   | 2,322    |  | —  |                 | —  |   | —  |  |
| R-V Industries, Inc.                     | 49,693                 |                           | —               |                              | —                    |                | 1,799     |               | 51,492                |   | 1,431    |  | 441      |                 | —  |   | —  |  |
| Universal Turbine Parts, LLC             | 27,106                 |                           | —               |                              | (16)                            |                | 266       |               | 27,356                |   | 1,186    |  | —  |                 | —  |   | —  |  |
| USES Corp.                               | 33,815                 |                           | —               |                              | —                    |                | (8,108)        |               | 25,707                |   | 102      |  | —  |                 | —  |   | —  |  |
| Valley Electric Company, Inc.            | 149,695                |                           | —               |                              | —                    |                | (3,178)        |               | 146,517               |   | 3,557    |  | 1,700    |                 | 333      |   | —  |  |
| Total                                    | $                           | 2,919,717            |                            | $                            | 163,189                    |                | $              | (281,379)     |                            | $ | 256,396  |  | $             | 3,057,923  |               | $ | 112,941  |  | $ | 6,937    |  | $ | 28,735   |  | $ | 6        |  |

|                              |                             |                           |                            |                              |                                 |                |                |             |                            |   |               |  |               |               |               |   |               |  |   |               |  |   |             |  |   |               |  |  |  |
|------------------------------|-----------------------------|---------------------------|----------------------------|------------------------------|---------------------------------|----------------|----------------|-------------|----------------------------|---|---------------|--|---------------|---------------|---------------|---|---------------|--|---|---------------|--|---|-------------|--|---|---------------|--|--|--|
| Affiliated Companies         | Fair Value at June 30, 2021 | Gross Additions (Cost)(A) | Gross Reductions (Cost)(B) | Net unrealizedgains (losses) | Fair Value at December 31, 2021 | Interestincome | Dividendincome | Otherincome | Net realizedgains (losses) |
|                              |                             |                           |                            |                              |                                 |                |                |             |                            |
| Nixon, Inc.                  | —                |                           | —               |                              | —                    |                | —   |             | —               |   | —  |  | —  |               | —  |   | —  |  |
| PGX Holdings, Inc.           | 313,089                |                           | 224,983               |                              | (189,390)                       |                | 26,825    |             | 375,508               |   | 16,592   |  | —  |               | 3,942    |   | —  |  |
| RGIS Services, LLC           | 17,440                 |                           | 1                     |                              | —                    |                | 1,496     |             | 18,936                |   | 160      |  | —  |               | —  |   | —  |  |
| Targus Cayman HoldCo Limited | 26,205                 |                           | —               |                              | —                    |                | 9,305     |             | 35,510                |   | —  |  | —  |               | —  |   | —  |  |
| Total                        | $                           | 356,734              |                            | $                            | 224,984                    |                | $              | (189,390)   |                            | $ | 37,626   |  | $             | 429,954  |               | $ | 16,752   |  | $ | —  |  | $ | 3,942  |  | $ | —  |  |

----

|                                          |                             |                           |                            |                              |                             |                |                |             |                            |   |               |  |               |                 |               |   |               |  |   |               |  |   |               |  |   |               |  |  |  |
|------------------------------------------|-----------------------------|---------------------------|----------------------------|------------------------------|-----------------------------|----------------|----------------|-------------|----------------------------|---|---------------|--|---------------|-----------------|---------------|---|---------------|--|---|---------------|--|---|---------------|--|---|---------------|--|--|--|
| Portfolio Company                        | Fair Value at June 30, 2020 | Gross Additions (Cost)(A) | Gross Reductions (Cost)(B) | Net unrealizedgains (losses) | Fair Value at June 30, 2021 | Interestincome | Dividendincome | Otherincome | Net realizedgains (losses) |
| CP Energy Services Inc.                  | $                           | 51,174               |                            | $                            | 4,678                  |                | $              | (1)         |                            | $ | (11,230)      |  | $             | 44,621     |               | $ | 4,680    |  | $ | —  |  | $ | —  |  | $ | —  |  |
| CP Energy - Spartan Energy Services, LLC | 18,711                 |                           | 28,694                |                              | (23,361)                    |                | 2,822     |             | 26,866                |   | 1,252    |  | —  |                 | 25       |   | 2,832    |  |
| Credit Central Loan Company, LLC         | 75,685                 |                           | 9,493                 |                              | (3,764)                     |                | (3,391)        |             | 78,023                |   | 14,139   |  | —  |                 | —  |   | —  |  |
| Echelon Transportation LLC               | 85,627                 |                           | 9,935                 |                              | —                |                | (11,322)       |             | 84,240                |   | 9,765    |  | —  |                 | —  |   | —  |  |
| First Tower Finance Company LLC          | 508,465                |                           | 3,001                 |                              | (5,362)                     |                | 86,252    |             | 592,356               |   | 60,928   |  | —  |                 | 21,081   |   | —  |  |
| Freedom Marine Solutions, LLC            | 12,351                 |                           | 600                   |                              | —                |                | (1,234)        |             | 11,717                |   | —  |  | —  |                 | —  |   | —  |  |
| InterDent, Inc.                          | 230,757                |                           | 15,637                |                              | —                |                | 165,945   |             | 412,339               |   | 22,479   |  | —  |                 | —  |   | —  |  |
| Kickapoo Ranch Pet Resort                | 3,286                  |                           | —               |                              | —                |                | 547       |             | 3,833                 |   | —  |  | —  |                 | —  |   | —  |  |
| MITY, Inc.                               | 51,905                 |                           | 7,208                 |                              | 850                    |                | (10,283)       |             | 49,680                |   | 10,078   |  | —  |                 | 66       |   | 2        |  |
| National Property REIT Corp.             | 878,733                |                           | 225,742               |                              | (83,450)                    |                | 168,730   |             | 1,189,755             |   | 57,296   |  | —  |                 | 39,924   |   | —  |  |
| Nationwide Loan Company LLC              | 37,238                 |                           | 173                   |                              | 384                    |                | 10,198    |             | 47,993                |   | 4,105    |  | 2,381    |                 | 405      |   | —  |  |
| NMMB, Inc.                               | 33,668                 |                           | —               |                              | (152)                       |                | 13,372    |             | 46,888                |   | 528      |  | —  |                 | —  |   | —  |  |
| Pacific World Corporation                | 59,907                 |                           | 2,542                 |                              | —                |                | 8,648     |             | 71,097                |   | 4,317    |  | —  |                 | —  |   | —  |  |
| R-V Industries, Inc.                     | 38,565                 |                           | —               |                              | —                |                | 11,128    |             | 49,693                |   | 2,862    |  | —  |                 | —  |   | —  |  |
| Universal Turbine Parts, LLC             | 26,599                 |                           | 316                   |                              | (518)                       |                | 709       |             | 27,106                |   | 2,347    |  | —  |                 | —  |   | 121      |  |
| USES Corp.                               | 17,325                 |                           | 2,000                 |                              | —                |                | 14,490    |             | 33,815                |   | 102      |  | —  |                 | —  |   | —  |  |
| Valley Electric Company, Inc.            | 129,296                |                           | —               |                              | 1,061                  |                | 19,338    |             | 149,695               |   | 7,105    |  | 2,261    |                 | 666      |   | —  |  |
| Total                                    | $                           | 2,259,292            |                            | $                            | 310,019                |                | $              | (114,313)   |                            | $ | 464,719  |  | $             | 2,919,717  |               | $ | 201,983  |  | $ | 4,642    |  | $ | 62,167   |  | $ | 2,955    |  |

|                                 |                             |                           |                            |                              |                             |                |                |               |                            |   |               |  |           |               |           |   |               |  |   |               |  |   |               |  |   |               |  |  |  |
|---------------------------------|-----------------------------|---------------------------|----------------------------|------------------------------|-----------------------------|----------------|----------------|---------------|----------------------------|---|---------------|--|-----------|---------------|-----------|---|---------------|--|---|---------------|--|---|---------------|--|---|---------------|--|--|--|
| Portfolio Company               | Fair Value at June 30, 2020 | Gross Additions (Cost)(A) | Gross Reductions (Cost)(B) | Net unrealizedgains (losses) | Fair Value at June 30, 2021 | Interestincome | Dividendincome | Otherincome   | Net realizedgains (losses) |
| Edmentum Ultimate Holdings, LLC | $                           | 59,618               |                            | $                            | 9,278                  |                | $              | (63,425)      |                            | $ | (5,471)       |  | $         | —  |           | $ | 8,955    |  | $ | —  |  | $ | 33       |  | $ | 4,469    |  |
| Nixon, Inc.                     | $                           | —              |                            | $                            | —                |                | $              | —  |                            | $ | —  |  | $         | —  |           | $ | —  |  | $ | —  |  | $ | —  |  | $ | —  |  |
| PGX Holdings, Inc.              | $                           | 106,711              |                            | $                            | 81,113                 |                | $              | (1,489)       |                            | $ | 126,754  |  | $         | 313,089  |           | $ | 22,016   |  | $ | —  |  | $ | 76       |  | $ | —  |  |
| RGIS Services, LLC              | $                           | —              |                            | $                            | 19,276                 |                | $              | (5,294)       |                            | $ | 3,458    |  | $         | 17,440   |           | $ | —  |  | $ | 378      |  | $ | —  |  | $ | —  |  |
| Targus Cayman HoldCo Limited    | $                           | 21,208               |                            | $                            | —                |                | $              | —  |                            | $ | 4,997    |  | $         | 26,205   |           | $ | —  |  | $ | —  |  | $ | —  |  | $ | —  |  |
|                                 | 187,537                |                           | 109,667               |                              | (70,208)                    |                | 129,738   |               | 356,734               |   | 30,971   |  | 378  |               | 109  |   | 4,469    |  |

----

|                                                |                                                            |                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                                           |             |  |  |  |  |  |  |  |
|------------------------------------------------|------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------|-------------|--|--|--|--|--|--|--|
| Portfolio Company                              | Investment                                                 | Follow-On Acquisition Dates                                                                                                                                                                                                                                                                                                                                                                                                       | Follow-On Acquisitions(Excluding initial investment cost) |
| 8th Avenue Food & Provisions, Inc.         | Second Lien Term Loan                                      | 11/17/2020, 9/17/2021                                                                                                                                                                                                                                                                                                                                                                                             | $                                                         | 7,051  |  |
| ACE Cash Express, Inc.                         | Senior Secured Note                                        | 5/24/2019, 7/16/2019, 12/20/2019, 8/27/2020, 9/30/2020,  11/5/2020, 11/13/2020, 11/18/2020                                                                                                                                                                                                                                                                        | 18,105                                               |             |
| Amerilife Group, LLC                           | Second Lien Term Loan                                      | 9/3/2020, 12/2/2020, 6/10/2021                                                                                                                                                                                                                                                                                                                                                                            | 12,060                                               |             |
| Apidos CLO XI                                  | Subordinated Structured Note                               | 11/2/2016, 4/8/2021                                                                                                                                                                                                                                                                                                                                                                                               | 7,559                                                |             |
| Apidos CLO XII                                 | Subordinated Structured Note                               | 1/26/2018                                                                                                                                                                                                                                                                                                                                                                                                                 | 4,070                                                |             |
| Apidos CLO XV                                  | Subordinated Structured Note                               | 3/29/2018                                                                                                                                                                                                                                                                                                                                                                                                                 | 6,480                                                |             |
| Apidos CLO XXII                                | Subordinated Structured Note                               | 2/24/2020                                                                                                                                                                                                                                                                                                                                                                                                                 | 1,912                                                |             |
| Atlantis Health Care Group (Puerto Rico), Inc. | Revolving Line of Credit                                   | 4/15/2013, 5/21/2013, 3/11/2014, 6/26/2017, 9/29/2017, 10/12/2017, 10/31/2017                                                                                                                                                                                                                                                                                             | 7,500                                                |             |
| Atlantis Health Care Group (Puerto Rico), Inc. | Senior Secured Term Loan                                   | 12/9/2016                                                                                                                                                                                                                                                                                                                                                                                                                 | 42,000                                               |             |
| Barings CLO 2018-III                           | Subordinated Structured Note                               | 5/18/2018                                                                                                                                                                                                                                                                                                                                                                                                                 | 9,255                                                |             |
| BCPE North Star US Holdco 2, Inc.              | Second Lien Term Loan                                      | 12/30/2021                                                                                                                                                                                                                                                                                                                                                                                                                | 65,000                                               |             |
| Broder Bros., Co.                              | Senior Secured Note                                        | 1/29/2019, 2/28/2019, 9/10/2021, 9/30/2021                                                                                                                                                                                                                                                                                                                                                        | 25,370                                               |             |
| Brookside Mill CLO Ltd.                        | Subordinated Structured Note                               | 1/29/2018                                                                                                                                                                                                                                                                                                                                                                                                                 | 3,605                                                |             |
| California Street CLO IX Ltd.                  | Subordinated Structured Note                               | 9/6/2016, 10/17/2016                                                                                                                                                                                                                                                                                                                                                                                              | 6,842                                                |             |
| Cent CLO 21 Limited                            | Subordinated Structured Note                               | 7/12/2018                                                                                                                                                                                                                                                                                                                                                                                                                 | 1,024                                                |             |
| CIFC Funding 2014-IV-R, Ltd.                   | Subordinated Structured Note                               | 10/12/2018, 12/20/2021                                                                                                                                                                                                                                                                                                                                                                                            | 2,860                                                |             |
| Columbia Cent CLO 27 Limited                   | Subordinated Structured Note                               | 12/2/2021                                                                                                                                                                                                                                                                                                                                                                                                                 | 7,815                                                |             |
| CP Energy Services Inc.                        | Senior Secured Term Loan A to Spartan Energy Services, LLC | 4/9/2021                                                                                                                                                                                                                                                                                                                                                                                                                  | 2,500                                                |             |
| CP Energy Services Inc.                        | Common Stock                                               | 10/11/2013, 12/26/2013, 4/6/2018, 12/31/2019                                                                                                                                                                                                                                                                                                                                                      | 69,586                                               |             |
| Credit Central Loan Company, LLC               | Class A Units                                              | 12/28/2012, 3/28/2014, 6/26/2014, 9/28/2016, 8/21/2019                                                                                                                                                                                                                                                                                                                                    | 11,975                                               |             |
| Credit Central Loan Company, LLC               | Subordinated Term Loan                                     | 6/26/2014, 9/28/2016                                                                                                                                                                                                                                                                                                                                                                                              | 41,335                                               |             |
| Curo Group Holdings Corp.                      | Senior Secured Note                                        | 8/31/2021, 11/18/2021                                                                                                                                                                                                                                                                                                                                                                                             | 14,051                                               |             |
| Curo Group Holdings Corp.                      | Second Lien Term Loan                                      | 7/31/2020, 10/6/2020, 10/8/2020, 10/19/2020, 11/12/2020, 11/18/2020, 11/20/2020                                                                                                                                                                                                                                                                                           | 10,252                                               |             |
| Echelon Transportation, LLC                    | Membership Interest                                        | 3/31/2014, 9/30/2014, 12/9/2016                                                                                                                                                                                                                                                                                                                                                                           | 22,488                                               |             |
| Echelon Transportation, LLC                    | Senior Secured Term Loan                                   | 11/14/2018, 7/9/2019, 5/5/2020, 10/9/2020, 1/21/2021, 3/18/2021                                                                                                                                                                                                                                                                                                                   | 5,465                                                |             |
| First Tower Finance Company LLC                | Class A Units                                              | 12/30/2013, 6/24/2014, 12/15/2015, 11/21/2016, 3/9/2018                                                                                                                                                                                                                                                                                                                                   | 39,885                                               |             |
| First Tower Finance Company LLC                | Subordinated Term Loan to First Tower, LLC                 | 12/15/2015, 3/9/2018                                                                                                                                                                                                                                                                                                                                                                                              | 20,924                                               |             |
| Freedom Marine Solutions, LLC                  | Membership Interest                                        | 10/1/2009, 12/22/2009, 1/13/2010, 3/30/2010, 5/13/2010, 2/14/2011, 4/28/2011, 7/7/2011, 10/20/2011, 10/30/2015, 1/7/2016, 4/11/2016, 8/11/2016, 1/30/2017, 4/20/2017, 6/13/2017, 8/30/2017, 1/17/2018, 2/15/2018, 5/8/2018, 10/31/2018, 5/14/2021 | 40,468                                               |             |
| Galaxy XV CLO, Ltd.                            | Subordinated Structured Note                               | 8/21/2015, 3/10/2017                                                                                                                                                                                                                                                                                                                                                                                              | 9,161                                                |             |
| Galaxy XXVII CLO, Ltd.                         | Subordinated Structured Note                               | 6/11/2015                                                                                                                                                                                                                                                                                                                                                                                                                 | 1,460                                                |             |
| GEON Performance Solutions, LLC                | Revolving Line of Credit                                   | 12/12/2019, 1/10/2020, 2/3/2020, 2/6/2020, 3/2/2020, 3/6/2020, 4/9/2020, 5/7/2020, 6/3/2020                                                                                                                                                                                                                                                               | 3,796                                                |             |
| Global Tel*Link Corporation                    | Second Lien Term Loan                                      | 4/10/2019, 8/22/2019, 9/20/2019, 9/14/2021, 9/17/2021, 12/17/2021                                                                                                                                                                                                                                                                                                                 | 21,743                                               |             |
| Help/Systems Holdings, Inc.                | Second Lien Term Loan                                      | 5/10/2018, 3/11/2019, 11/22/2019, 5/11/2021, 10/14/2021                                                                                                                                                                                                                                                                                                                                   | 54,649                                               |             |
| Interdent, Inc.                                | Senior Secured Term Loan A                                 | 2/11/2014, 4/21/2014, 11/25/2014, 12/23/2014, 7/14/2021                                                                                                                                                                                                                                                                                                                                   | 83,903                                               |             |
| Interdent, Inc.                                | Senior Secured Term Loan B                                 | 2/11/2014, 4/21/2014, 11/25/2014, 12/23/2014                                                                                                                                                                                                                                                                                                                                                      | 76,125                                               |             |
| Interventional Management Services, LLC        | Revolving Line of Credit                                   | 2/25/2021, 11/17/2021                                                                                                                                                                                                                                                                                                                                                                                             | 5,000                                                |             |
| Jefferson Mill CLO Ltd.                        | Subordinated Structured Note                               | 9/21/2018                                                                                                                                                                                                                                                                                                                                                                                                                 | 2,047                                                |             |
| K&N Parent, Inc.                           | Second Lien Term Loan                                      | 8/14/2018, 9/5/2018, 9/7/2018, 9/10/2018, 9/24/2018, 11/12/2020                                                                                                                                                                                                                                                                                                                   | 13,111                                               |             |
| Kickapoo Ranch Pet Resort                      | Membership Interest                                        | 10/21/2019, 12/4/2019                                                                                                                                                                                                                                                                                                                                                                                             | 28                                                   |             |
| LCM XIV Ltd.                                   | Subordinated Structured Note                               | 9/25/2015, 5/18/2018                                                                                                                                                                                                                                                                                                                                                                                              | 9,422                                                |             |

----

|                                       |                                                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                                           |  |  |  |  |  |  |  |  |
|---------------------------------------|------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------|--|--|--|--|--|--|--|--|
| Portfolio Company                     | Investment                                                 | Follow-On Acquisition Dates                                                                                                                                                                                                                                                                                                                                                                                                                                | Follow-On Acquisitions(Excluding initial investment cost) |
| MITY, Inc.                            | Common Stock                                               | 6/23/2014                                                                                                                                                                                                                                                                                                                                                                                                                                          | 7,200                                                |  |
| MITY, Inc.                            | Senior Secured Note A                                      | 1/17/2017, 3/23/2021                                                                                                                                                                                                                                                                                                                                                                                                                       | 10,650                                               |  |
| MITY, Inc.                            | Senior Secured Note B                                      | 1/17/2017, 6/3/2019                                                                                                                                                                                                                                                                                                                                                                                                                        | 11,000                                               |  |
| Nationwide Loan Company LLC           | Class A Units                                              | 3/28/2014, 6/18/2014, 9/30/2014, 6/29/2015, 3/31/2016, 8/31/2016, 5/31/2017, 10/31/2017                                                                                                                                                                                                                                                                                                    | 20,469                                               |  |
| Nationwide Loan Company LLC           | Senior Subordinated Term Loan to Nationwide Acceptance LLC | 12/28/2015, 8/31/2016                                                                                                                                                                                                                                                                                                                                                                                                                      | 1,999                                                |  |
| National Property REIT Corp.          | Senior Secured Term Loan A                                 | 4/3/2020, 5/15/2020, 6/10/2020, 7/29/2020, 8/14/2020, 9/15/2020,10/15/2020, 10/30/2020, 11/10/2020, 11/13/2020, 11/19/2020, 12/11/2020, 1/27/2021, 2/25/2021, 3/11/2021, 5/14/2021, 6/14/2021, 6/25/2021, 8/16/2021, 11/15/2021, 11/26/2021, 12/1/2021, 12/28/2021 | 310,408                                              |  |
| National Property REIT Corp.          | Senior Secured Term Loan B                                 | 12/8/20221, 12/17/2021                                                                                                                                                                                                                                                                                                                                                                                                                     | 6,400                                                |  |
| National Property REIT Corp.          | Senior Secured Term Loan C                                 | 10/23/2019, 1/23/2020, 3/31/2020, 4/8/2020, 8/4/2020, 12/7/2021                                                                                                                                                                                                                                                                                                                                            | 119,600                                              |  |
| NMMB, Inc.                            | Senior Secured Term Loan                                   | 12/30/2019                                                                                                                                                                                                                                                                                                                                                                                                                                         | 15,100                                               |  |
| Octagon Investment Partners XV, Ltd.  | Subordinated Structured Note                               | 4/27/2015, 8/3/2015, 6/27/2017                                                                                                                                                                                                                                                                                                                                                                                                     | 10,516                                               |  |
| Octagon Investment Partners 18-R Ltd. | Subordinated Structured Note                               | 3/23/2018                                                                                                                                                                                                                                                                                                                                                                                                                                          | 8,908                                                |  |
| Pacific World Corporation             | Revolving Line of Credit                                   | 10/21/2014, 12/19/2014, 4/7/2015, 4/22/2015, 8/12/2016, 10/18/2016, 2/7/2017, 2/21/2017, 4/26/2017, 10/11/2017, 10/17/2017, 1/16/2018, 12/27/2018, 3/15/2019, 7/2/2019, 8/15/2019, 9/1/2021, 10/19/2021                                                                                                    | 40,825                                               |  |
| Pacific World Corporation             | Convertible Preferred Equity                               | 4/3/2019, 4/29/2019, 6/3/2019, 10/4/2019, 11/12/2019, 12/20/2019, 1/7/2020, 3/5/2020, 12/30/2021                                                                                                                                                                                                                                                                                   | 22,600                                               |  |
| PeopleConnect Holdings, LLC           | Revolving Line of Credit                                   | 1/31/2020                                                                                                                                                                                                                                                                                                                                                                                                                                          | 1,115                                                |  |
| PeopleConnect Holdings, LLC           | Senior Secured Term Loan                                   | 10/21/2021                                                                                                                                                                                                                                                                                                                                                                                                                                         | 82,005                                               |  |
| PetVet Care Centers, LLC              | Second Lien Term Loan                                      | 11/22/2021                                                                                                                                                                                                                                                                                                                                                                                                                                         | 6,000                                                |  |
| PGX Holdings, Inc.                    | First Lien Term Loan (restructured)                        | 11/16/2021                                                                                                                                                                                                                                                                                                                                                                                                                                         | 20,000                                               |  |
| PGX Holdings, Inc.                    | First Lien Term Loan                                       | 12/1/2020,12/14/2020,12/23/2020, 12/26/2020, 3/5/2021, 4/23/2021, 4/27/2021, 5/4/2021, 6/28/2021                                                                                                                                                                                                                                                                                   | 34,589                                               |  |
| PGX Holdings, Inc.                    | 1.5 Lien Loan                                              | 9/18/2020, 12/31/2020                                                                                                                                                                                                                                                                                                                                                                                                                      | 14,362                                               |  |
| PGX Holdings, Inc.                    | Second Lien Term Loan                                      | 12/23/2016, 12/28/2016                                                                                                                                                                                                                                                                                                                                                                                                                     | 15,034                                               |  |
| Redstone Holdco 2 LP                  | Second Lien Term Loan                                      | 9/10/2021                                                                                                                                                                                                                                                                                                                                                                                                                                          | 17,903                                               |  |
| Romark WM-R Ltd.                      | Subordinated Structured Note                               | 3/29/2018                                                                                                                                                                                                                                                                                                                                                                                                                                          | 5,125                                                |  |
| Rosa Mexicano                         | Revolving Line of Credit                                   | 3/27/2020                                                                                                                                                                                                                                                                                                                                                                                                                                          | 500                                                  |  |
| R-V Industries, Inc.                  | Common Stock                                               | 12/27/2016                                                                                                                                                                                                                                                                                                                                                                                                                                         | 1,854                                                |  |
| Securus Technologies Holdings, Inc.   | Second Lien Term Loan                                      | 11/13/2017, 11/24/2017, 8/6/2018, 8/24/2018, 3/18/2019                                                                                                                                                                                                                                                                                                                                                             | 22,750                                               |  |
| SEOTownCenter, Inc.                   | Senior Secured Term Loan A                                 | 11/2/2018                                                                                                                                                                                                                                                                                                                                                                                                                                          | 3,000                                                |  |
| SEOTownCenter, Inc.                   | Senior Secured Term Loan B                                 | 11/2/2018                                                                                                                                                                                                                                                                                                                                                                                                                                          | 2,000                                                |  |
| Shutterfly, LLC                       | First Lien Term Loan                                       | 9/17/2021                                                                                                                                                                                                                                                                                                                                                                                                                                          | 3,969                                                |  |
| Symphony CLO XV, Ltd.                 | Subordinated Structured Note                               | 12/7/2018                                                                                                                                                                                                                                                                                                                                                                                                                                          | 2,655                                                |  |
| Town & Country Holdings, Inc.     | First Lien Term Loan                                       | 7/13/2018, 7/16/2018                                                                                                                                                                                                                                                                                                                                                                                                                       | 105,000                                              |  |
| Transplace Holdings, Inc.             | Second Lien Term Loan                                      | 1/4/2018, 11/3/2020                                                                                                                                                                                                                                                                                                                                                                                                                        | 6,131                                                |  |
| United Sporting Companies, Inc.       | Second Lien Term Loan                                      | 3/7/2013                                                                                                                                                                                                                                                                                                                                                                                                                                           | 58,650                                               |  |
| Universal Turbine Parts, LLC          | Delayed Draw Term Loan                                     | 10/24/2019, 2/7/2020, 2/26/2020, 4/5/2021                                                                                                                                                                                                                                                                                                                                                                                  | 3,216                                                |  |
| USES Corp.                            | Senior Secured Term Loan A                                 | 6/15/2016, 6/29/2016, 2/22/2017, 4/27/2017, 5/4/2017, 8/30/2017, 10/11/2017, 12/11/2018, 8/30/2019                                                                                                                                                                                                                                                                                 | 14,100                                               |  |
| USG Intermediate, LLC                 | Revolving Line of Credit                                   | 7/2/2015, 9/23/2015, 9/14/2017, 8/21/2019, 9/17/2020, 9/8/2021                                                                                                                                                                                                                                                                                                                                             | 9,200                                                |  |
| USG Intermediate, LLC                 | Senior Secured Term Loan B                                 | 8/24/2017, 7/30/2021                                                                                                                                                                                                                                                                                                                                                                                                                       | 12,975                                               |  |
| Valley Electric Company, Inc.         | Common Stock                                               | 12/31/2012, 6/24/2014                                                                                                                                                                                                                                                                                                                                                                                                                      | 18,502                                               |  |
| Valley Electric Company, Inc.         | Senior Secured Note                                        | 6/30/2014, 8/31/2018                                                                                                                                                                                                                                                                                                                                                                                                                       | 5,129                                                |  |
| Vision Solutions, Inc.                | Second Lien Term Loan                                      | 5/28/2021, 6/24/2021                                                                                                                                                                                                                                                                                                                                                                                                                       | 39,631                                               |  |
| Voya CLO 2014-1, Ltd.                 | Subordinated Structured Note                               | 3/29/2018                                                                                                                                                                                                                                                                                                                                                                                                                                          | 3,943                                                |  |
| Wellpath Holdings, Inc.               | First Lien Term Loan                                       | 10/8/2019, 10/8/2021                                                                                                                                                                                                                                                                                                                                                                                                                       | 9,592                                                |  |
| Wellpath Holdings, Inc.               | Second Lien Term Loan                                      | 8/20/2019                                                                                                                                                                                                                                                                                                                                                                                                                                          | 1,993                                                |  |

----

|             |                                                                                 |             |  |  |  |
|-------------|---------------------------------------------------------------------------------|-------------|--|--|--|
| Fiscal Year | Follow-On Investments (NPRC Common Stock, excluding cost of initial investment) |
| 2014        | $                                                                               | 4,555  |  |
| 2015        | 68,693                                                                     |             |
| 2016        | 93,857                                                                     |             |
| 2017        | 116,830                                                                    |             |
| 2018        | 137,024                                                                    |             |
| 2019        | 11,582                                                                     |             |
| 2020        | 19,800                                                                     |             |
| 2022        | 3,200                                                                      |             |

----

----

----

----

----

----

----

----

|                               |                   |                 |                 |                 |      |                 |                 |  |   |                 |  |  |   |                 |  |  |  |  |  |  |  |  |  |
|-------------------------------|-------------------|-----------------|-----------------|-----------------|------|-----------------|-----------------|--|---|-----------------|--|--|---|-----------------|--|--|--|--|--|--|--|--|--|
|                          | December 31, 2021 |                 | June 30, 2021   |
|                          | Cost              |                 | Fair Value |                 | Cost |                 | Fair Value |
| Revolving Line of Credit      | $                 | 37,260     |                 |                 | $    | 37,252     |                 |  | $ | 27,522     |  |  | $ | 27,503     |  |
| Senior Secured Debt           | 3,283,057    |                 |                 | 3,232,137  |      |                 | 3,166,861  |  |   | 3,128,845  |  |
| Subordinated Secured Debt     | 1,459,195    |                 |                 | 1,365,465  |      |                 | 1,069,767  |  |   | 981,425    |  |
| Subordinated Unsecured Debt   | 7,200        |                 |                 | 5,824      |      |                 | 7,200      |  |   | 3,715      |  |
| Subordinated Structured Notes | 1,050,779    |                 |                 | 744,458    |      |                 | 1,090,175  |  |   | 756,109    |  |
| Equity                        | 703,847      |                 |                 | 1,617,710  |      |                 | 696,599    |  |   | 1,304,181  |  |
| Total Investments             | $                 | 6,541,338  |                 |                 | $    | 7,002,846  |                 |  | $ | 6,058,124  |  |  | $ | 6,201,778  |  |

----

|                               |               |               |         |               |         |               |                 |  |   |                 |  |  |   |                 |  |  |  |  |  |  |  |  |  |
|-------------------------------|---------------|---------------|---------|---------------|---------|---------------|-----------------|--|---|-----------------|--|--|---|-----------------|--|--|--|--|--|--|--|--|--|
|                               | Level 1       |               | Level 2 |               | Level 3 |               | Total           |
| Revolving Line of Credit      | $             | —  |         |               | $       | —  |                 |  | $ | 37,252     |  |  | $ | 37,252     |  |
| Senior Secured Debt           | —  |               |         | 52,982   |         |               | 3,179,155  |  |   | 3,232,137  |  |
| Subordinated Secured Debt     | —  |               |         | —  |         |               | 1,365,465  |  |   | 1,365,465  |  |
| Subordinated Unsecured Debt   | —  |               |         | —  |         |               | 5,824      |  |   | 5,824      |  |
| Subordinated Structured Notes | —  |               |         | —  |         |               | 744,458    |  |   | 744,458    |  |
| Equity                        | —  |               |         | —  |         |               | 1,617,710  |  |   | 1,617,710  |  |
| Total Investments             | $             | —  |         |               | $       | 52,982   |                 |  | $ | 6,949,864  |  |  | $ | 7,002,846  |  |

----

|                               |               |               |         |               |         |               |                 |  |   |                 |  |  |   |                 |  |  |  |  |  |  |  |  |  |
|-------------------------------|---------------|---------------|---------|---------------|---------|---------------|-----------------|--|---|-----------------|--|--|---|-----------------|--|--|--|--|--|--|--|--|--|
|                               | Level 1       |               | Level 2 |               | Level 3 |               | Total           |
| Revolving Line of Credit      | $             | —  |         |               | $       | —  |                 |  | $ | 27,503     |  |  | $ | 27,503     |  |
| Senior Secured Debt           | —  |               |         | 24,706   |         |               | 3,104,139  |  |   | 3,128,845  |  |
| Subordinated Secured Debt     | —  |               |         | 15,188   |         |               | 966,237    |  |   | 981,425    |  |
| Subordinated Unsecured Debt   | —  |               |         | —  |         |               | 3,715      |  |   | 3,715      |  |
| Subordinated Structured Notes | —  |               |         | —  |         |               | 756,109    |  |   | 756,109    |  |
| Equity                        | —  |               |         | —  |         |               | 1,304,181  |  |   | 1,304,181  |  |
| Total Investments             | $             | —  |         |               | $       | 39,894   |                 |  | $ | 6,161,884  |  |  | $ | 6,201,778  |  |

|                                                         |                                                                                                |                 |                            |               |                                                      |               |               |  |   |                 |  |  |   |                 |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------|------------------------------------------------------------------------------------------------|-----------------|----------------------------|---------------|------------------------------------------------------|---------------|---------------|--|---|-----------------|--|--|---|-----------------|--|--|--|--|--|--|--|--|--|
|                                                    | Fair Value Measurements Using Unobservable Inputs (Level 3) |
|                                                    | Control Investments                                                                       |                 | Affiliate Investments |               | Non-Control/ Non-Affiliate Investments |               | Total         |
| Fair value as of June 30, 2021                          | $                                                                                              | 2,919,717  |                            |               | $                                                    | 356,734  |               |  | $ | 2,885,433  |  |  | $ | 6,161,884  |  |
| Net realized gains (losses) on investments              | 6                                                                                         |                 |                            | —  |                                                      |               | (9,406)       |  |   | (9,400)         |  |
| Net change in unrealized gains                          | 256,396                                                                                   |                 |                            | 37,626   |                                                      |               | 27,547   |  |   | 321,569    |  |
| Net realized and unrealized gains                       | 256,402                                                                                   |                 |                            | 37,626   |                                                      |               | 18,141   |  |   | 312,169    |  |
| Purchases of portfolio investments                      | 129,633                                                                                   |                 |                            | 222,931  |                                                      |               | 828,316  |  |   | 1,180,880  |  |
| Payment-in-kind interest                                | 33,272                                                                                    |                 |                            | 27       |                                                      |               | 1,413    |  |   | 34,712     |  |
| Accretion (amortization) of discounts and premiums, net | 284                                                                                       |                 |                            | 2,026    |                                                      |               | (34,622)      |  |   | (32,312)        |  |
| Repayments and sales of portfolio investments           | (281,385)                                                                                      |                 |                            | (189,390)     |                                                      |               | (257,199)     |  |   | (727,974)       |  |
|                                                         |                                                                                                |                 |                            |               |                                                      |               |               |
|                                                         |                                                                                                |                 |                            |               |                                                      |               |               |
| Transfers into Level 3(2)                               | —                                                                                   |                 |                            | —  |                                                      |               | 20,505   |  |   | 20,505     |  |
| Fair value as of December 31, 2021                      | $                                                                                              | 3,057,923  |                            |               | $                                                    | 429,954  |               |  | $ | 3,461,987  |  |  | $ | 6,949,864  |  |

|                                                         |                          |              |                    |               |                                |                 |                             |  |                               |                 |        |  |               |              |  |               |   |               |                 |  |   |                 |  |  |   |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------|--------------------------|--------------|--------------------|---------------|--------------------------------|-----------------|-----------------------------|--|-------------------------------|-----------------|--------|--|---------------|--------------|--|---------------|---|---------------|-----------------|--|---|-----------------|--|--|---|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                    | Revolving Line of Credit |              | Senior SecuredDebt |               | Subordinated Secured Debt |                 | Subordinated Unsecured Debt |  | Subordinated Structured Notes |                 | Equity |  | Total         |
| Fair value as of June 30, 2021                          | $                        | 27,503  |                    |               | $                              | 3,104,139  |                             |  | $                             | 966,237    |        |  | $             | 3,715   |  |               | $ | 756,109  |                 |  | $ | 1,304,181  |  |  | $ | 6,161,884  |  |
| Net realized gains (losses) on investments              | —             |              |                    | —  |                                |                 | —                |  |                               | 6          |        |  | (9,406)       |              |  | —  |   |               | (9,400)         |  |
| Net change in unrealized gains (losses)                 | 11                  |              |                    | (14,253)      |                                |                 | (326)                       |  |                               | 2,109      |        |  | 27,745   |              |  | 306,283  |   |               | 321,569    |  |
| Net realized and unrealized gains (losses)              | 11                  |              |                    | (14,253)      |                                |                 | (326)                       |  |                               | 2,115      |        |  | 18,339   |              |  | 306,283  |   |               | 312,169    |  |
| Purchases of portfolio investments                      | 9,000               |              |                    | 435,047  |                                |                 | 720,069                |  |                               | —    |        |  | 9,518    |              |  | 7,246    |   |               | 1,180,880  |  |
| Payment-in-kind interest                                | 822                 |              |                    | 32,135   |                                |                 | 1,755                  |  |                               | —    |        |  | —  |              |  | —  |   |               | 34,712     |  |
| Accretion (amortization) of discounts and premiums, net | —             |              |                    | 5,718    |                                |                 | 1,478                  |  |                               | —    |        |  | (39,508)      |              |  | —  |   |               | (32,312)        |  |
| Repayments and sales of portfolio investments           | (84)                     |              |                    | (474,029)     |                                |                 | (253,855)                   |  |                               | (6)             |        |  | —  |              |  | —  |   |               | (727,974)       |  |
| Transfers within Level 3(1)                             | —             |              |                    | 69,893   |                                |                 | (69,893)                    |  |                               | —    |        |  | —  |              |  | —  |   |               | —    |  |
|                                                         |                          |              |                    |               |                                |                 |                             |  |                               |                 |        |  |               |
| Transfers into Level 3(2)                               |                          |              | 20,505        |               |                                |                 |                             |  |                               |                 |        |  |               | 20,505  |  |
| Fair value as of December 31, 2021                      | $                        | 37,252  |                    |               | $                              | 3,179,155  |                             |  | $                             | 1,365,465  |        |  | $             | 5,824   |  |               | $ | 744,458  |                 |  | $ | 1,617,710  |  |  | $ | 6,949,864  |  |
|                                                         |                          |              |                    |               |                                |                 |                             |  |                               |                 |        |  |               |

----

|                                               |                                                                                                |                 |                            |               |                                                      |               |               |  |   |                 |  |  |   |                 |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------|------------------------------------------------------------------------------------------------|-----------------|----------------------------|---------------|------------------------------------------------------|---------------|---------------|--|---|-----------------|--|--|---|-----------------|--|--|--|--|--|--|--|--|--|
|                                          | Fair Value Measurements Using Unobservable Inputs (Level 3) |
|                                          | Control Investments                                                                       |                 | Affiliate Investments |               | Non-Control/ Non-Affiliate Investments |               | Total         |
| Fair value as of June 30, 2020                | $                                                                                              | 2,259,292  |                            |               | $                                                    | 187,537  |               |  | $ | 2,785,499  |  |  | $ | 5,232,328  |  |
| Net realized gains on investments             | 2,832                                                                                     |                 |                            | 3,724    |                                                      |               | —  |  |   | 6,556      |  |
| Net change in unrealized gains                | 181,588                                                                                   |                 |                            | 85,706   |                                                      |               | 64,451   |  |   | 331,745    |  |
| Net realized and unrealized gains             | 184,420                                                                                   |                 |                            | 89,430   |                                                      |               | 64,451   |  |   | 338,301    |  |
| Purchases of portfolio investments            | 150,489                                                                                   |                 |                            | 35,423   |                                                      |               | 289,573  |  |   | 475,485    |  |
| Payment-in-kind interest                      | 23,803                                                                                    |                 |                            | 12,254   |                                                      |               | 1,767    |  |   | 37,824     |  |
| Accretion of discounts and premiums, net      | 209                                                                                       |                 |                            | 6,522    |                                                      |               | 13,320   |  |   | 20,051     |  |
| Repayments and sales of portfolio investments | (69,490)                                                                                       |                 |                            | (67,231)      |                                                      |               | (353,232)     |  |   | (489,953)       |  |
|                                               |                                                                                                |                 |                            |               |                                                      |               |               |
| Transfers out of Level 3(2)                   | —                                                                                   |                 |                            | —  |                                                      |               | (11,308)      |  |   | (11,308)        |  |
| Fair Value as of December 31, 2020            | $                                                                                              | 2,548,723  |                            |               | $                                                    | 263,935  |               |  | $ | 2,790,070  |  |  | $ | 5,602,728  |  |

|                                               |                          |              |                    |               |                                |                 |                             |  |                               |                 |        |  |               |               |  |               |   |               |               |  |   |                 |  |  |   |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------|--------------------------|--------------|--------------------|---------------|--------------------------------|-----------------|-----------------------------|--|-------------------------------|-----------------|--------|--|---------------|---------------|--|---------------|---|---------------|---------------|--|---|-----------------|--|--|---|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                          | Revolving Line of Credit |              | Senior SecuredDebt |               | Subordinated Secured Debt |                 | Subordinated Unsecured Debt |  | Subordinated Structured Notes |                 | Equity |  | Total         |               |
| Fair value as of June 30, 2020                | $                        | 36,944  |                    |               | $                              | 2,422,523  |                             |  | $                             | 1,269,398  |        |  | $             | 51,079   |  |               | $ | 708,961  |               |  | $ | 743,423    |  |  | $ | 5,232,328  |  |  |
| Net realized gains on investments             | —             |              |                    | 2,830    |                                |                 | —                |  |                               | —    |        |  | —  |               |  | 3,726    |   |               | 6,556    |  |   |
| Net change in unrealized gains (losses)(1)    | 47                  |              |                    | 76,299   |                                |                 | 54,376                 |  |                               | (11,755)        |        |  | 25,262   |               |  | 187,516  |   |               | 331,745  |  |   |
| Net realized and unrealized gains (losses)    | 47                  |              |                    | 79,129   |                                |                 | 54,376                 |  |                               | (11,755)        |        |  | 25,262   |               |  | 191,242  |   |               | 338,301  |  |   |
| Purchases of portfolio investments            | 2,000               |              |                    | 310,365  |                                |                 | 84,232                 |  |                               | —    |        |  | —  |               |  | 78,888   |   |               | 475,485  |  |   |
| Payment-in-kind interest                      | 228                 |              |                    | 18,436   |                                |                 | 16,540                 |  |                               | 2,620      |        |  | —  |               |  | —  |   |               | 37,824   |  |   |
| Accretion of discounts and premiums, net      | —             |              |                    | 1,378    |                                |                 | 1,067                  |  |                               | 6,439      |        |  | 11,167   |               |  | —  |   |               | 20,051   |  |   |
| Repayments and sales of portfolio investments | (14,041)                 |              |                    | (231,390)     |                                |                 | (186,898)                   |  |                               | (48,383)        |        |  | —  |               |  | (9,241)       |   |               | (489,953)     |  |   |
| Transfers within Level 3(1)                   | —             |              |                    | 34,791   |                                |                 | (54,204)                    |  |                               | —    |        |  | —  |               |  | 19,413   |   |               | —  |  |   |
| Transfers out of Level 3(2)                   | —             |              |                    | (8,438)       |                                |                 | (2,870)                     |  |                               | —    |        |  | —  |               |  | —  |   |               | (11,308)      |  |   |
| Fair Value as of December 31, 2020            | $                        | 25,178  |                    |               | $                              | 2,626,794  |                             |  | $                             | 1,181,641  |        |  | $             | —  |  |               | $ | 745,390  |               |  | $ | 1,023,725  |  |  | $ | 5,602,728  |  |  |

----

----

|                                              |                      |                              |                   |                                                   |                                                   |                                       |                              |              |                |                 |         |      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------|----------------------|------------------------------|-------------------|---------------------------------------------------|---------------------------------------------------|---------------------------------------|------------------------------|--------------|----------------|-----------------|---------|------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                              |                      |                              |                   |                                                   |                                                   | Unobservable Input               |
| Asset Category                               |                      | Fair Value              |                   | Primary Valuation Approach or Technique |                                                   | Input                                 |                              | Range        |                | WeightedAverage |
| Senior Secured Debt                          |                      | $                            | 1,557,888    |                                                   |                                                   | Discounted cash flow (Yield analysis) |                              | Market yield |                | 4.7% to 17.2%   |         | 9.5% |
| Senior Secured Debt                          |                      | 424,468                 |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | EBITDA multiple              |              | 5.5x to 10.5x  |                 | 9.1x    |
| Senior Secured Debt                          |                      | 133,318                 |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Revenue multiple             |              | 0.6x to 1.5x   |                 | 1.1x    |
| Senior Secured Debt                          |                      | 80,005                  |                   |                                                   | Enterprise value waterfall (Discounted cash flow) |                                       | Discount rate                |              | 8.0% to 10.0%  |                 | 9.0%    |
| Senior Secured Debt                          |                      | 12,199                  |                   |                                                   | Asset recovery analysis                           |                                       | Recoverable amount           |              | n/a        |                 | n/a |
| Senior Secured Debt (1)                      |                      | 6,600                   |                   |                                                   | Enterprise value waterfall                        |                                       | Loss-adjusted discount rate  |              | 4.9% to 8.3%   |                 | 7.5%    |
|                                              | Projected loss rates |                              | 0.0% to 2.0%      |                                                   | 0.03%                                             |
| Senior Secured Debt (2)                      |                      | 108,600                 |                   |                                                   | Enterprise value waterfall                        |                                       | Discount rate (3)            |              | 6.9% to 12.5%  |                 | 9.3%    |
| Senior Secured Debt                          |                      | 330,799                 |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 3.3x to 3.8x   |                 | 3.5x    |
|                                              | Earnings multiple    |                              | 6.0x to 7.0x      |                                                   | 6.5x                                              |
|                                              | Discount rate        |                              | 12.8% to 13.8%    |                                                   | 13.3%                                             |
| Senior Secured Debt                          |                      | 71,695                  |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 2.4x to 2.8x   |                 | 2.6x    |
|                                              | Earnings multiple    |                              | 5.0x to 6.0x      |                                                   | 5.5x                                              |
| Senior Secured Debt                          |                      | 20,260                  |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 1.3x to 1.5x   |                 | 1.4x    |
| Senior Secured Debt                          |                      | 470,575                 |                   |                                                   | Enterprise value waterfall (NAV analysis)         |                                       | Capitalization Rate          |              | 3.1% to 7.7%   |                 | 4.6%    |
| Subordinated Secured Debt                    |                      | 1,355,251               |                   |                                                   | Discounted cash flow (Yield analysis)             |                                       | Market yield                 |              | 7.3% to 21.5%  |                 | 10.4%   |
| Subordinated Secured Debt                    |                      | 3,930                   |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Revenue multiple             |              | 0.5x to 0.6x   |                 | 0.6x    |
|                                              |                      | Tangible book value multiple |                   | n/a                                           |                                                   | n/a                               |
|                                              |                      | Earnings multiple            |                   | 5.0x to 6.0x                                      |                                                   | 5.5x                                  |
| Subordinated Secured Debt                    |                      | 6,284                   |                   |                                                   | Asset recovery analysis                           |                                       | Recoverable amount           |              | n/a        |                 | n/a |
| Subordinated Unsecured Debt                  |                      | 5,824                   |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Revenue multiple             |              | 0.5x to 0.6x   |                 | 0.6x    |
| Subordinated Structured Notes                |                      | 744,458                 |                   |                                                   | Discounted cash flow                              |                                       | Discount rate (3)            |              | 0.3% to 29.8%  |                 | 17.3%   |
| Preferred Equity                             |                      | 16,332                  |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Revenue multiple             |              | 0.5x to 1.4x   |                 | 1.0x    |
| Preferred Equity                             |                      | 1,547                   |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | EBITDA multiple              |              | 4.0x to 5.0x   |                 | 4.5x    |
| Common Equity/Interests/Warrants     |                      | 581,350                 |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | EBITDA multiple              |              | 5.5x to 10.5x  |                 | 8.9x    |
| Common Equity/Interests/Warrants     |                      | 21,115                  |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Revenue multiple             |              | 0.5x to 1.1x   |                 | 0.9x    |
| Common Equity/Interests/Warrants (1) |                      | 6,531                   |                   |                                                   | Enterprise value waterfall                        |                                       | Loss-adjusted discount rate  |              | 4.9% to 8.3%   |                 | 7.5%    |
| Projected loss rates                         |                      | 0.0% to 2.0%                 |                   | 0.03%                                             |
| Common Equity/Interests/Warrants (2) |                      | 23,101                  |                   |                                                   | Enterprise value waterfall                        |                                       | Discount rate (3)            |              | 6.9% to 12.5%  |                 | 9.3%    |
| Common Equity/Interests/Warrants (4) |                      | 50,700                  |                   |                                                   | Enterprise value waterfall (NAV analysis)         |                                       | Capitalization Rate          |              | 3.1% to 7.7%   |                 | 4.6%    |
| Common Equity/Interests/Warrants     |                      | 294,298                 |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 3.3x to 3.8x   |                 | 3.5x    |
|                                              |                      | Earnings multiple            |                   | 6.0x to 7.0x                                      |                                                   | 6.5x                                  |
|                                              |                      | Discount rate                |                   | 12.8% to 13.8%                                    |                                                   | 13.3%                                 |
| Common Equity/Interests/Warrants     |                      | 17,830                  |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 2.4x to 2.8x   |                 | 2.6x    |
|                                              |                      |                              | Earnings multiple |                                                   | 5.0x to 6.0x                                      |                                       | 5.5x                         |
| Common Equity/Interests/Warrants     |                      | 29,963                  |                   |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 1.3x to 1.5x   |                 | 1.4x    |
| Common Equity/Interests/Warrants     |                      | 557,691                 |                   |                                                   | Enterprise value waterfall (NAV analysis)         |                                       | Capitalization Rate          |              | 3.1% to 7.7%   |                 | 4.6%    |
| Common Equity/Interests/Warrants     |                      | 5,385                   |                   |                                                   | Enterprise value waterfall (Discounted cash flow) |                                       | Discount rate                |              | 15.0% to 30.0% |                 | 22.2%   |

----

|                                          |  |                 |                 |                                                   |                         |                         |                    |       |                |                 |       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------------------|--|-----------------|-----------------|---------------------------------------------------|-------------------------|-------------------------|--------------------|-------|----------------|-----------------|-------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                          |  |                 |                 |                                                   |                         | Unobservable Input |
| Asset Category                           |  | Fair Value |                 | Primary Valuation Approach or Technique |                         | Input                   |                    | Range |                | WeightedAverage |
| Common Equity/Interests/Warrants |  | 11,867     |                 |                                                   | Asset recovery analysis |                         | Recoverable amount |       | 21.6% to 26.7% |                 | 24.1% |
| Total Level 3 Investments                |  | $               | 6,949,864  |                                                   |                         |                         |                    |       |                |                 |       |  |

----

|                                              |                      |                 |                 |                                                   |                                                   |                                       |                              |              |               |                 |         |      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------|----------------------|-----------------|-----------------|---------------------------------------------------|---------------------------------------------------|---------------------------------------|------------------------------|--------------|---------------|-----------------|---------|------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                              |                      |                 |                 |                                                   |                                                   | Unobservable Input               |
| Asset Category                               |                      | Fair Value |                 | Primary Valuation Approach or Technique |                                                   | Input                                 |                              | Range        |               | WeightedAverage |
| Senior Secured Debt                          |                      | $               | 1,403,795  |                                                   |                                                   | Discounted cash flow (Yield analysis) |                              | Market yield |               | 4.4% to 19.5%   |         | 9.2% |
| Senior Secured Debt                          |                      | 436,000    |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | EBITDA multiple              |              | 5.5x to 11.5x |                 | 9.7x    |
| Senior Secured Debt                          |                      | 105,212    |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Revenue multiple             |              | 0.8x to 1.6x  |                 | 1.3x    |
| Senior Secured Debt                          |                      | 75,406     |                 |                                                   | Enterprise value waterfall (Discounted cash flow) |                                       | Discount rate                |              | 7.7% to 9.7%  |                 | 8.7%    |
| Senior Secured Debt                          |                      | 12,760     |                 |                                                   | Asset recovery analysis                           |                                       | Recoverable amount           |              | n/a       |                 | n/a |
| Senior Secured Debt (1)                      |                      | 6,600      |                 |                                                   | Enterprise value waterfall                        |                                       | Loss-adjusted discount rate  |              | 3.9% to 9.5%  |                 | 7.8%    |
|                                              | Projected loss rates |                 | 0.0% to 2.4%    |                                                   | 0.1%                                              |
| Senior Secured Debt (2)                      |                      | 90,200     |                 |                                                   | Enterprise value waterfall                        |                                       | Discount rate (3)            |              | 6.8% to 12.4% |                 | 9.2%    |
| Senior Secured Debt                          |                      | 324,708    |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 2.9x to 3.1x  |                 | 3.0x    |
| Earnings multiple                            |                      | 6.5x to 7.5x    |                 | 7.0x                                              |
| Discount rate                                |                      | 13.0% to 14.0%  |                 | 13.5%                                             |
| Senior Secured Debt                          |                      | 20,260     |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 1.2x to 1.4x  |                 | 1.3x    |
| Senior Secured Debt                          |                      | 656,701    |                 |                                                   | Enterprise value waterfall (NAV analysis)         |                                       | Capitalization Rate          |              | 3.8% to 8.1%  |                 | 5.9%    |
| Subordinated Secured Debt                    |                      | 887,214    |                 |                                                   | Discounted cash flow (Yield analysis)             |                                       | Market yield                 |              | 4.9% to 25.0% |                 | 10.1%   |
| Subordinated Secured Debt                    |                      | 3,950      |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Revenue multiple             |              | 0.4x to 0.5x  |                 | 0.5x    |
| Subordinated Secured Debt                    |                      | 68,137     |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 2.2x to 2.6x  |                 | 2.4x    |
| Earnings multiple                            |                      | 6.0x to 7.0x    |                 | 6.5x                                              |
| Subordinated Secured Debt                    |                      | 6,936      |                 |                                                   | Asset recovery analysis                           |                                       | Recoverable amount           |              | n/a       |                 | n/a |
| Subordinated Unsecured Debt                  |                      | 3,715      |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | EBITDA multiple              |              | 7.5x to 8.5x  |                 | 8.0x    |
| Subordinated Structured Notes                |                      | 756,109    |                 |                                                   | Discounted cash flow                              |                                       | Discount rate (3)            |              | 0.1% to 31.0% |                 | 21.8%   |
| Preferred Equity                             |                      | 19,857     |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Revenue multiple             |              | 0.8x to 1.4x  |                 | 1.1x    |
| Preferred Equity                             |                      | 3,199      |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | EBITDA multiple              |              | 7.1x to 9.1x  |                 | 8.1x    |
| Common Equity/Interests/Warrants     |                      | 507,539    |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | EBITDA multiple              |              | 5.5x to 11.5x |                 | 9.1x    |
| Common Equity/Interests/Warrants     |                      | 5,824      |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Revenue multiple             |              | 0.4x to 0.5x  |                 | 0.5x    |
| Common Equity/Interests/Warrants (1) |                      | 4,068      |                 |                                                   | Enterprise value waterfall                        |                                       | Loss-adjusted discount rate  |              | 3.9% to 9.5%  |                 | 7.8%    |
| Projected loss rates                         |                      | 0.0% to 2.4%    |                 | 0.1%                                              |
| Common Equity/Interests/Warrants (2) |                      | 18,108     |                 |                                                   | Enterprise value waterfall                        |                                       | Discount rate (3)            |              | 6.8% to 12.4% |                 | 9.2%    |
| Common Equity/Interests/Warrants     |                      | 379,572    |                 |                                                   | Enterprise value waterfall (NAV analysis)         |                                       | Capitalization Rate          |              | 3.8% to 8.1%  |                 | 5.9%    |
| Common Equity/Interests/Warrants     |                      | 267,648    |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 2.9x to 3.1x  |                 | 3.0x    |
| Earnings multiple                            |                      | 6.5x to 7.5x    |                 | 7.0x                                              |
| Discount rate                                |                      | 13.0% to 14.0%  |                 | 13.5%                                             |
| Common Equity/Interests/Warrants     |                      | 9,886      |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 2.2x to 2.6x  |                 | 2.4x    |
| Earnings multiple                            |                      | 6.0x to 7.0x    |                 | 6.5x                                              |
| Common Equity/Interests/Warrants     |                      | 27,733     |                 |                                                   | Enterprise value waterfall (Market approach)      |                                       | Tangible book value multiple |              | 1.2x to 1.4x  |                 | 1.3x    |
| Common Equity/Interests/Warrants (4) |                      | 34,507     |                 |                                                   | Enterprise value waterfall (NAV analysis)         |                                       | Capitalization Rate          |              | 3.8% to 8.1%  |                 | 5.9%    |
| Common Equity/Interests/Warrants     |                      | 14,524     |                 |                                                   | Enterprise value waterfall (Discounted cash flow) |                                       | Discount rate                |              | 7.7% to 30.0% |                 | 13.8%   |

----

|                                          |  |                 |                 |                                                   |                         |                         |                    |        |         |                 |         |        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------------------|--|-----------------|-----------------|---------------------------------------------------|-------------------------|-------------------------|--------------------|--------|---------|-----------------|---------|--------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                          |  |                 |                 |                                                   |                         | Unobservable Input |
| Asset Category                           |  | Fair Value |                 | Primary Valuation Approach or Technique |                         | Input                   |                    | Range  |         | WeightedAverage |
| Common Equity/Interests/Warrants |  | 11,717     |                 |                                                   | Asset recovery analysis |                         | Recoverable amount |        | n/a |                 | n/a |
| Total Level 3 Investments                |  | $               | 6,161,884  |                                                   |                         |                    |                    |   |         |            |         |   |

----

----

----

|             |  |                               |           |            |             |                     |           |                                 |  |              |  |       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------|--|-------------------------------|-----------|------------|-------------|---------------------|-----------|---------------------------------|--|--------------|--|-------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Loan Type   |  | Outstanding Principal Balance |           | Fair Value |             | Interest Rate Range |           | Weighted Average Interest Rate* |
| Super Prime |  | $                             | 739  |            |             | $                   | 723  |                                 |  | 7.0% - 20.5% |  | 12.3% |
| Prime       |  | 1,317                    |           |            | 1,243  |                     |           | 6.0% - 25.0%                    |  | 18.0%        |
| Near Prime  |  | 1,228                    |           |            | 1,254  |                     |           | 6.0% - 36.0%                    |  | 26.7%        |

|     |  |                                  |  |                      |  |                    |  |                |             |                      |               |   |               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----|--|----------------------------------|--|----------------------|--|--------------------|--|----------------|-------------|----------------------|---------------|---|---------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| No. |  | Property Name                    |  | City                 |  | Acquisition Date   |  | Purchase Price |             | Mortgage Outstanding |
| 1   |  | Filet of Chicken                 |  | Forest Park, GA      |  | 10/24/2012 |  | $              | 7,400  |                      |               | $ | —  |  |
| 2   |  | Arlington Park Marietta, LLC     |  | Marietta, GA         |  | 5/8/2013   |  | 14,850    |             |                      | 13,495   |   |
| 3   |  | Verandas at Rocky Ridge, LLC     |  | Birmingham, AL       |  | 11/15/2013 |  | 15,600    |             |                      | 18,410   |   |
| 4   |  | Taco Bell, OK                    |  | Yukon, OK            |  | 6/4/2014   |  | 1,719     |             |                      | —  |   |
| 5   |  | Taco Bell, MO                    |  | Marshall, MO         |  | 6/4/2014   |  | 1,405     |             |                      | —  |   |
| 6   |  | Abbie Lakes OH Partners, LLC     |  | Canal Winchester, OH |  | 9/30/2014  |  | 12,600    |             |                      | 15,212   |   |
| 7   |  | Kengary Way OH Partners, LLC     |  | Reynoldsburg, OH     |  | 9/30/2014  |  | 11,500    |             |                      | 15,377   |   |
| 8   |  | Lakeview Trail OH Partners, LLC  |  | Canal Winchester, OH |  | 9/30/2014  |  | 26,500    |             |                      | 29,337   |   |
| 9   |  | Lakepoint OH Partners, LLC       |  | Pickerington, OH     |  | 9/30/2014  |  | 11,000    |             |                      | 16,693   |   |
| 10  |  | Sunbury OH Partners, LLC         |  | Columbus, OH         |  | 9/30/2014  |  | 13,000    |             |                      | 16,926   |   |
| 11  |  | Heatherbridge OH Partners, LLC   |  | Blacklick, OH        |  | 9/30/2014  |  | 18,416    |             |                      | 24,203   |   |
| 12  |  | Jefferson Chase OH Partners, LLC |  | Blacklick, OH        |  | 9/30/2014  |  | 13,551    |             |                      | 18,831   |   |
| 13  |  | Goldenstrand OH Partners, LLC    |  | Hilliard, OH         |  | 10/29/2014 |  | 7,810     |             |                      | 11,482   |   |
| 14  |  | SSIL I, LLC                      |  | Aurora, IL           |  | 11/5/2015  |  | 34,500    |             |                      | 25,603   |   |
| 15  |  | Vesper Tuscaloosa, LLC           |  | Tuscaloosa, AL       |  | 9/28/2016  |  | 54,500    |             |                      | 42,929   |   |
| 16  |  | Vesper Iowa City, LLC            |  | Iowa City, IA        |  | 9/28/2016  |  | 32,750    |             |                      | 24,759   |   |
| 17  |  | Vesper Corpus Christi, LLC       |  | Corpus Christi, TX   |  | 9/28/2016  |  | 14,250    |             |                      | 10,771   |   |
| 18  |  | Vesper Campus Quarters, LLC      |  | Corpus Christi, TX   |  | 9/28/2016  |  | 18,350    |             |                      | 14,137   |   |

----

|     |  |                                              |  |                      |  |                    |  |                 |  |                      |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----|--|----------------------------------------------|--|----------------------|--|--------------------|--|-----------------|--|----------------------|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| No. |  | Property Name                                |  | City                 |  | Acquisition Date   |  | Purchase Price  |  | Mortgage Outstanding |
| 19  |  | Vesper College Station, LLC                  |  | College Station, TX  |  | 9/28/2016  |  | 41,500     |  |                      | 31,972     |  |
| 20  |  | Vesper Kennesaw, LLC                         |  | Kennesaw, GA         |  | 9/28/2016  |  | 57,900     |  |                      | 50,919     |  |
| 21  |  | Vesper Statesboro, LLC                       |  | Statesboro, GA       |  | 9/28/2016  |  | 7,500      |  |                      | 7,480      |  |
| 22  |  | Vesper Manhattan KS, LLC                     |  | Manhattan, KS        |  | 9/28/2016  |  | 23,250     |  |                      | 14,679     |  |
| 23  |  | 9220 Old Lantern Way, LLC                    |  | Laurel, MD           |  | 1/30/2017  |  | 187,250    |  |                      | 153,580    |  |
| 24  |  | 7915 Baymeadows Circle Owner, LLC            |  | Jacksonville, FL     |  | 10/31/2017 |  | 95,700     |  |                      | 76,560     |  |
| 25  |  | 8025 Baymeadows Circle Owner, LLC            |  | Jacksonville, FL     |  | 10/31/2017 |  | 15,300     |  |                      | 12,240     |  |
| 26  |  | 23275 Riverside Drive Owner, LLC             |  | Southfield, MI       |  | 11/8/2017  |  | 52,000     |  |                      | 54,637     |  |
| 27  |  | 23741 Pond Road Owner, LLC                   |  | Southfield, MI       |  | 11/8/2017  |  | 16,500     |  |                      | 18,954     |  |
| 28  |  | 150 Steeplechase Way Owner, LLC              |  | Largo, MD            |  | 1/10/2018  |  | 44,500     |  |                      | 36,668     |  |
| 29  |  | Olentangy Commons Owner LLC                  |  | Columbus, OH         |  | 6/1/2018   |  | 113,000    |  |                      | 92,876     |  |
| 30  |  | Villages of Wildwood Holdings LLC            |  | Fairfield, OH        |  | 7/20/2018  |  | 46,500     |  |                      | 39,525     |  |
| 31  |  | Falling Creek Holdings LLC                   |  | Richmond, VA         |  | 8/8/2018   |  | 25,000     |  |                      | 25,374     |  |
| 32  |  | Crown Pointe Passthrough LLC                 |  | Danbury, CT          |  | 8/30/2018  |  | 108,500    |  |                      | 89,400     |  |
| 33  |  | Lorring Owner LLC                            |  | Forestville, MD      |  | 10/30/2018 |  | 58,521     |  |                      | 47,680     |  |
| 34  |  | Hamptons Apartments Owner, LLC               |  | Beachwood, OH        |  | 1/9/2019   |  | 96,500     |  |                      | 79,520     |  |
| 35  |  | 5224 Long Road Holdings, LLC                 |  | Orlando, FL          |  | 6/28/2019  |  | 26,500     |  |                      | 21,200     |  |
| 36  |  | Druid Hills Holdings LLC                     |  | Atlanta, GA          |  | 7/30/2019  |  | 96,000     |  |                      | 79,104     |  |
| 37  |  | Bel Canto NPRC Parcstone LLC                 |  | Fayetteville, NC     |  | 10/15/2019 |  | 45,000     |  |                      | 42,793     |  |
| 38  |  | Bel Canto NPRC Stone Ridge LLC               |  | Fayetteville, NC     |  | 10/15/2019 |  | 21,900     |  |                      | 21,545     |  |
| 39  |  | Sterling Place Holdings LLC                  |  | Columbus, OH         |  | 10/28/2019 |  | 41,500     |  |                      | 34,196     |  |
| 40  |  | SPCP Hampton LLC                             |  | Dallas, TX           |  | 11/2/2020  |  | 36,000     |  |                      | 27,590     |  |
| 41  |  | Palmetto Creek Holdings LLC                  |  | North Charleston, SC |  | 11/10/2020 |  | 33,182     |  |                      | 25,865     |  |
| 42  |  | Valora at Homewood Holdings LLC              |  | Homewood, AL         |  | 11/19/2020 |  | 81,250     |  |                      | 63,844     |  |
| 43  |  | NPRC Fairburn LLC                            |  | Fairburn, GA         |  | 12/14/2020 |  | 52,140     |  |                      | 43,900     |  |
| 44  |  | NPRC Grayson LLC                             |  | Grayson, GA          |  | 12/14/2020 |  | 47,860     |  |                      | 40,500     |  |
| 45  |  | NPRC Taylors LLC                             |  | Taylors, SC          |  | 1/27/2021  |  | 18,762     |  |                      | 14,075     |  |
| 46  |  | Parkside at Laurel West Owner LLC            |  | Spartanburg, SC      |  | 2/26/2021  |  | 57,005     |  |                      | 42,025     |  |
| 47  |  | Willows at North End Owner LLC               |  | Spartanburg, SC      |  | 2/26/2021  |  | 23,255     |  |                      | 19,000     |  |
| 48  |  | SPCP Edge CL Owner LLC                       |  | Webster, TX          |  | 3/12/2021  |  | 34,000     |  |                      | 25,496     |  |
| 49  |  | Jackson Pear Orchard LLC                     |  | Ridgeland, MS        |  | 6/28/2021  |  | 50,900     |  |                      | 38,175     |  |
| 50  |  | Jackson Lakeshore Landing LLC                |  | Ridgeland, MS        |  | 6/28/2021  |  | 22,600     |  |                      | 16,950     |  |
| 51  |  | Jackson Reflection Pointe LLC                |  | Flowood, MS          |  | 6/28/2021  |  | 45,100     |  |                      | 31,050     |  |
| 52  |  | Jackson Crosswinds LLC                       |  | Pearl, MS            |  | 6/28/2021  |  | 41,400     |  |                      | 33,825     |  |
| 53  |  | Elliot Apartments Norcross, LLC              |  | Norcross, GA         |  | 11/30/2021 |  | 128,000    |  |                      | 98,800     |  |
| 54  |  | Orlando 442 Owner, LLC (West Vue Apartments) |  | Orlando, FL          |  | 12/30/2021 |  | 97,500     |  |                      | 73,000     |  |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  | 2,298,976  |  |                      | 1,923,162  |  |

----

|                                 |                                 |               |                               |              |      |              |               |  |   |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|---------------------------------|---------------------------------|---------------|-------------------------------|--------------|------|--------------|---------------|--|---|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                 | Three Months Ended December 31, |               | Six Months Ended December 31, |
| Summary Statement of Operations | 2021                            |               | 2020                          |              | 2021 |              | 2020          |
| Total income                    | $                               | 432,368  |                               |              | $    | 76,550  |               |  | $ | 526,738  |  |  | $ | 147,024  |  |
| Operating expenses              | 45,548                     |               |                               | 36,389  |      |              | 91,701   |  |   | 70,943   |  |
| Operating income                | 386,820                    |               |                               | 40,161  |      |              | 435,037  |  |   | 76,081   |  |
| Interest expense                | (63,699)                        |               |                               | (43,313)     |      |              | (115,431)     |  |   | (84,901)      |  |
| Depreciation and amortization   | (25,882)                        |               |                               | (26,961)     |      |              | (55,047)      |  |   | (43,317)      |  |
| Fair value adjustment           | 1,102                      |               |                               | 4,702   |      |              | 3,234    |  |   | 5,208    |  |
| Net income (loss)               | $                               | 298,341  |                               |              | $    | (25,411)     |               |  | $ | 267,793  |  |  | $ | (46,929)      |  |

----

|                              |                                 |  |                               |  |          |  |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------|---------------------------------|--|-------------------------------|--|----------|--|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                              | Three Months Ended December 31, |  | Six Months Ended December 31, |
|                              | 2021                            |  | 2020                          |  | 2021     |  | 2020     |
| Average stated interest rate | 2.14%                           |  | 2.35%                         |  | 2.13%    |  | 2.36%    |
| Average outstanding balance  | $468,063                        |  | $379,027                      |  | $452,422 |  | $378,070 |

----

----

|                                             |  |  |  |                   |                |                  |                |   |                |  |  |  |  |  |  |  |
|---------------------------------------------|--|--|--|-------------------|----------------|------------------|----------------|---|----------------|--|--|--|--|--|--|--|
|                                        |  |  |  | 2022 Notes        |                | 2025 Notes       |
| Initial conversion rate(1)                  |  |  |  | 100.2305     |                |                  | 110.7420  |   |
| Initial conversion price                    |  |  |  | $                 | 9.98      |                  |                | $ | 9.03      |  |
| Conversion rate at December 31, 2021(1)(2)  |  |  |  | 100.2305     |                |                  | 110.7420  |   |
| Conversion price at December 31, 2021(2)(3) |  |  |  | $                 | 9.98      |                  |                | $ | 9.03      |  |
| Last conversion price calculation date      |  |  |  | 4/11/2021 |                | 3/1/2021 |
| Dividend threshold amount (per share)(4)    |  |  |  | $                 | 0.083330  |                  |                | $ | 0.060000  |  |

----

----

----

----

----

|                               |  |                 |               |                    |                     |                              |       |                     |                                         |                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------|--|-----------------|---------------|--------------------|---------------------|------------------------------|-------|---------------------|-----------------------------------------|-----------------------------------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Tenor atOrigination(in years) |  | PrincipalAmount |               | Interest RateRange |                     | WeightedAverageInterest Rate |       | Maturity Date Range |
| 5                             |  | $               | 32,244   |                    |                     | 2.25% – 3.25%          |       | 2.63%               |                                         | July 15, 2026 – December 15, 2026 |
| 7                             |  | 20,018     |               |                    | 2.75% – 3.50% |                              | 2.99% |                     | July 15, 2028 – December 15, 2028 |
| 10                            |  | 20,045     |               |                    | 3.15% – 3.75% |                              | 3.30% |                     | July 15, 2031 – December 15, 2031 |
| 12                            |  | 2,422      |               |                    | 3.70%               |                              | 3.70% |                     | July 15, 2033                           |
| 15                            |  | 14,098     |               |                    | 3.50% – 4.00% |                              | 3.80% |                     | July 15, 2036 – December 15, 2036 |
| 30                            |  | 31,495     |               |                    | 4.00% – 4.25% |                              | 4.01% |                     | July 15, 2051 – December 15, 2051 |
|                               |  | $               | 120,322  |                    |                     |                              |       |                     |                                         |                                         |

|                               |  |                 |              |                    |                     |                              |       |                     |                                         |                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------|--|-----------------|--------------|--------------------|---------------------|------------------------------|-------|---------------------|-----------------------------------------|-----------------------------------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Tenor atOrigination(in years) |  | PrincipalAmount |              | Interest RateRange |                     | WeightedAverageInterest Rate |       | Maturity Date Range |
| 5                             |  | $               | 49,426  |                    |                     | 4.25% – 5.50%          |       | 4.99%               |                                         | July 15, 2025 – December 15, 2025 |
| 7                             |  | 13,064     |              |                    | 4.50% – 5.75% |                              | 5.18% |                     | July 15, 2027 – December 15, 2027 |
| 10                            |  | 18,977     |              |                    | 4.75% – 6.00% |                              | 5.40% |                     | July 15, 2030 – December 15, 2030 |
|                               |  | $               | 81,467  |                    |                     |                              |       |                     |                                         |                                         |

----

|                               |  |                 |               |                    |                     |                              |       |                     |                                              |                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------|--|-----------------|---------------|--------------------|---------------------|------------------------------|-------|---------------------|----------------------------------------------|------------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Tenor atOrigination(in years) |  | PrincipalAmount |               | Interest RateRange |                     | WeightedAverageInterest Rate |       | Maturity Date Range |
| 3                             |  | $               | 662      |                    |                     | 1.50%                        |       | 1.50%               |                                              | January 15, 2024 |
| 5                             |  | 62,537     |               |                    | 2.25% – 3.25% |                              | 2.81% |                     | January 15, 2026 – December 15, 2026   |
| 6                             |  | 15,107     |               |                    | 3.00%               |                              | 3.00% |                     | June 15, 2027 – July 15, 2027          |
| 7                             |  | 28,341     |               |                    | 2.75% – 4.00% |                              | 3.15% |                     | January 15, 2028 – December 15, 2028   |
| 8                             |  | 3,511      |               |                    | 3.40% – 3.50% |                              | 3.45% |                     | June 15, 2029 – July 15, 2029          |
| 10                            |  | 74,926     |               |                    | 3.15% – 4.50% |                              | 3.84% |                     | August 15, 2029 – December 15, 2031    |
| 12                            |  | 15,066     |               |                    | 3.70% – 4.00% |                              | 3.95% |                     | June 15, 2033 – July 15, 2033          |
| 15                            |  | 14,978     |               |                    | 3.50% – 6.00% |                              | 3.93% |                     | August 15, 2028 – December 15, 2036    |
| 18                            |  | 6,509      |               |                    | 4.50% – 6.25% |                              | 5.50% |                     | January 15, 2031 – August 15, 2031     |
| 20                            |  | 2,482      |               |                    | 5.75% – 6.00% |                              | 5.84% |                     | November 15, 2032 – September 15, 2033 |
| 25                            |  | 21,611     |               |                    | 6.25% – 6.50% |                              | 6.41% |                     | August 15, 2038 – May 15, 2039         |
| 30                            |  | 94,807     |               |                    | 4.00% – 6.75% |                              | 5.52% |                     | November 15, 2042 – December 15, 2051  |
|                          |  | $               | 340,537  |                    |                     |                         |       |                |                                              |             |

|                               |  |                 |               |                    |                     |                              |       |                     |                                            |                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------|--|-----------------|---------------|--------------------|---------------------|------------------------------|-------|---------------------|--------------------------------------------|------------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Tenor atOrigination(in years) |  | PrincipalAmount |               | Interest RateRange |                     | WeightedAverageInterest Rate |       | Maturity Date Range |
| 3                             |  | $               | 662      |                    |                     | 1.50%                        |       | 1.50%               |                                            | January 15, 2024 |
| 5                             |  | 46,968     |               |                    | 3.00% – 4.25% |                              | 3.28% |                     | August 15, 2024 – May 15, 2026       |
| 6                             |  | 15,107     |               |                    | 3.00%               |                              | 3.00% |                     | June 15, 2027 – July 15, 2027        |
| 7                             |  | 59,729     |               |                    | 3.25% – 5.75% |                              | 4.31% |                     | July 15, 2024 – May 15, 2028         |
| 8                             |  | 3,511      |               |                    | 3.40% – 3.50% |                              | 3.45% |                     | June 15, 2029 – July 15, 2029        |
| 10                            |  | 201,285    |               |                    | 3.50% – 6.25% |                              | 5.09% |                     | January 15, 2024 – July 15, 2031     |
| 12                            |  | 14,432     |               |                    | 4.00% – 6.00% |                              | 4.25% |                     | November 15, 2025 – July 15, 2033    |
| 15                            |  | 16,801     |               |                    | 5.75% – 6.00% |                              | 5.79% |                     | May 15, 2028 – November 15, 2028     |
| 18                            |  | 18,487     |               |                    | 4.50% – 6.25% |                              | 5.59% |                     | December 15, 2030 – August 15, 2031  |
| 20                            |  | 3,777      |               |                    | 5.75% – 6.00% |                              | 5.89% |                     | November 15, 2032 – October 15, 2033 |
| 25                            |  | 30,344     |               |                    | 6.25% – 6.50% |                              | 6.39% |                     | August 15, 2038 – May 15, 2039       |
| 30                            |  | 97,608     |               |                    | 5.50% – 6.75% |                              | 6.25% |                     | November 15, 2042 – October 15, 2043 |
|                          |  | $               | 508,711  |                    |                     |                         |       |                |                                            |             |

----

|                                        |  |                            |               |                          |               |                                             |              |                               |  |               |               |  |               |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------|--|----------------------------|---------------|--------------------------|---------------|---------------------------------------------|--------------|-------------------------------|--|---------------|---------------|--|---------------|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                        |  | Total AmountOutstanding(1) |               | AssetCoverage perUnit(2) |               | InvoluntaryLiquidatingPreference perUnit(3) |              | AverageMarketValue perUnit(4) |
| Credit Facility                        |  |                            |               |                          |               |                                             |              |                               |
| Fiscal 2022 (as of December  31, 2021) |  | $                          | 472,608  |                          |               | $                                           | 14,731  |                               |  | —  |               |  | —  |  |
| Fiscal 2021 (as of June 30, 2021)      |  | 356,937               |               |                          | 17,408   |                                             |              | —                  |  |               | —  |  |
| Fiscal 2020 (as of June 30, 2020)      |  | 237,536               |               |                          | 22,000   |                                             |              | —                  |  |               | —  |  |
| Fiscal 2019 (as of June 30, 2019)      |  | 167,000               |               |                          | 34,298   |                                             |              | —                  |  |               | —  |  |
| Fiscal 2018 (as of June 30, 2018)      |  | 37,000                |               |                          | 155,503  |                                             |              | —                  |  |               | —  |  |
| Fiscal 2017 (as of June 30, 2017)      |  | —               |               |                          | —  |                                             |              | —                  |  |               | —  |  |
| Fiscal 2016 (as of June 30, 2016)      |  | —               |               |                          | —  |                                             |              | —                  |  |               | —  |  |
| Fiscal 2015 (as of June 30, 2015)      |  | 368,700               |               |                          | 18,136   |                                             |              | —                  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)      |  | 92,000                |               |                          | 69,470   |                                             |              | —                  |  |               | —  |  |
| Fiscal 2013 (as of June 30, 2013) |  | 124,000               |               |                          | 34,996   |                                             |              | —                  |  |               | —  |  |
| Fiscal 2012 (as of June 30, 2012) |  | 96,000                |               |                          | 22,668   |                                             |              | —                  |  |               | —  |  |
|                                        |  |                            |               |                          |               |                                             |              |                               |
| 2015 Notes(5)                          |  |                       |               |                     |               |                                        |              |                          |
| Fiscal 2015 (as of June 30, 2015)      |  | $                          | 150,000  |                          |               | $                                           | 2,241   |                               |  | —  |               |  | —  |  |
| Fiscal 2014 (as of June 30, 2014)      |  | 150,000               |               |                          | 2,305    |                                             |              | —                  |  |               | —  |  |
| Fiscal 2013 (as of June 30, 2013) |  | 150,000               |               |                          | 2,578    |                                             |              | —                  |  |               | —  |  |
| Fiscal 2012 (as of June 30, 2012) |  | 150,000               |               |                          | 3,277    |                                             |              | —                  |  |               | —  |  |
|                                        |  |                            |               |                          |               |                                             |              |                               |
| 2016 Notes(6)                          |  |                       |               |                     |               |                                        |              |                          |
| Fiscal 2016 (as of June 30, 2016)      |  | $                          | 167,500  |                          |               | $                                           | 2,269   |                               |  | —  |               |  | —  |  |
| Fiscal 2015 (as of June 30, 2015)      |  | 167,500               |               |                          | 2,241    |                                             |              | —                  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)      |  | 167,500               |               |                          | 2,305    |                                             |              | —                  |  |               | —  |  |
| Fiscal 2013 (as of June 30, 2013) |  | 167,500               |               |                          | 2,578    |                                             |              | —                  |  |               | —  |  |
| Fiscal 2012 (as of June 30, 2012) |  | 167,500               |               |                          | 3,277    |                                             |              | —                  |  |               | —  |  |
|                                        |  |                            |               |                          |               |                                             |              |                               |
| 2017 Notes(7)                          |  |                       |               |                     |               |                                        |              |                          |
| Fiscal 2017 (as of June 30, 2017)      |  | $                          | 50,734   |                          |               | $                                           | 2,251   |                               |  | —  |               |  | —  |  |
| Fiscal 2016 (as of June 30, 2016)      |  | 129,500               |               |                          | 2,269    |                                             |              | —                  |  |               | —  |  |
| Fiscal 2015 (as of June 30, 2015)      |  | 130,000               |               |                          | 2,241    |                                             |              | —                  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)      |  | 130,000               |               |                          | 2,305    |                                             |              | —                  |  |               | —  |  |
| Fiscal 2013 (as of June 30, 2013) |  | 130,000               |               |                          | 2,578    |                                             |              | —                  |  |               | —  |  |
| Fiscal 2012 (as of June 30, 2012) |  | 130,000               |               |                          | 3,277    |                                             |              | —                  |  |               | —  |  |
|                                        |  |                            |               |                          |               |                                             |              |                               |

----

|                                             |  |               |               |        |             |        |             |               |  |               |               |  |               |             |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------|--|---------------|---------------|--------|-------------|--------|-------------|---------------|--|---------------|---------------|--|---------------|-------------|--|--|--|--|--|--|--|--|--|--|--|--|
| 2018 Notes(8)                               |  |          |               |   |             |   |             |          |
| Fiscal 2017 (as of June 30, 2017)           |  | $             | 85,419   |        |             | $      | 2,251  |               |  | —  |               |  | —  |             |
| Fiscal 2016 (as of June 30, 2016)           |  | 200,000  |               |        | 2,269  |        |             | —  |  |               | —  |  |
| Fiscal 2015 (as of June 30, 2015)           |  | 200,000  |               |        | 2,241  |        |             | —  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)           |  | 200,000  |               |        | 2,305  |        |             | —  |  |               | —  |  |
| Fiscal 2013 (as of June 30, 2013)      |  | 200,000  |               |        | 2,578  |        |             | —  |  |               | —  |  |
| 2019 Notes(10)                              |  |          |               |   |             |   |             |          |
| Fiscal 2018 (as of June 30, 2018)           |  | $             | 101,647  |        |             | $      | 2,452  |               |  | —  |               |  | —  |             |
| Fiscal 2017 (as of June 30, 2017)           |  | 200,000  |               |        | 2,251  |        |             | —  |  |               | —  |  |
| Fiscal 2016 (as of June 30, 2016)           |  | 200,000  |               |        | 2,269  |        |             | —  |  |               | —  |  |
| Fiscal 2015 (as of June 30, 2015)           |  | 200,000  |               |        | 2,241  |        |             | —  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)           |  | 200,000  |               |        | 2,305  |        |             | —  |  |               | —  |  |
| Fiscal 2013 (as of June 30, 2013) |  | 200,000  |               |        | 2,578  |        |             | —  |  |               | —  |  |
|                                             |  |               |               |        |             |        |             |               |
| 5.00% 2019 Notes(11)                        |  |               |               |        |             |        |             |               |
| Fiscal 2018 (as of June 30, 2018)           |  | $             | 153,536  |        |             | $      | 2,452  |               |  | —  |               |  | —  |             |
| Fiscal 2017 (as of June 30, 2017)           |  | 300,000  |               |        | 2,251  |        |             | —  |  |               | —  |  |
| Fiscal 2016 (as of June 30, 2016)           |  | 300,000  |               |        | 2,269  |        |             | —  |  |               | —  |  |
| Fiscal 2015 (as of June 30, 2015)           |  | 300,000  |               |        | 2,241  |        |             | —  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)           |  | 300,000  |               |        | 2,305  |        |             | —  |  |               | —  |  |
|                                             |  |               |               |        |             |        |             |               |
| 2020 Notes (14)                             |  |               |               |        |             |        |             |               |
| Fiscal 2019 (as of June 30, 2019)           |  | $             | 224,114  |        |             | $      | 2,365  |               |  | —  |               |  | —  |             |
| Fiscal 2018 (as of June 30, 2018)           |  | 392,000  |               |        | 2,452  |        |             | —  |  |               | —  |  |
| Fiscal 2017 (as of June 30, 2017)           |  | 392,000  |               |        | 2,251  |        |             | —  |  |               | —  |  |
| Fiscal 2016 (as of June 30, 2016)           |  | 392,000  |               |        | 2,269  |        |             | —  |  |               | —  |  |
| Fiscal 2015 (as of June 30, 2015)           |  | 392,000  |               |        | 2,241  |        |             | —  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)           |  | 400,000  |               |        | 2,305  |        |             | —  |  |               | —  |  |
|                                             |  |               |               |        |             |        |             |               |
| 6.95% 2022 Notes(9)                         |  |          |               |   |             |   |             |          |
| Fiscal 2014 (as of June 30, 2014)           |  | $             | 100,000  |        |             | $      | 2,305  |               |  | —  |               |  | $             | 1,038  |  |
| Fiscal 2013 (as of June 30, 2013)      |  | 100,000  |               |        | 2,578  |        |             | —  |  |               | 1,036    |  |
| Fiscal 2012 (as of June 30, 2012)      |  | 100,000  |               |        | 3,277  |        |             | —  |  |               | 996      |  |
|                                             |  |               |               |        |             |        |             |               |
| 2022 Notes                                  |  |          |               |   |             |   |             |          |
| Fiscal 2022 (as of December 31, 2021)       |  | $             | 60,501   |        |             | $      | 2,906  |               |  | —  |               |  | —  |             |
| Fiscal 2021 (as of June 30, 2021)           |  | 111,055  |               |        | 2,740  |        |             | —  |  |               | —  |  |
| Fiscal 2020 (as of June 30, 2020)           |  | 258,240  |               |        | 2,408  |        |             | —  |  |               | —  |  |
| Fiscal 2019 (as of June 30, 2019)           |  | 328,500  |               |        | 2,365  |        |             | —  |  |               | —  |  |
| Fiscal 2018 (as of June 30, 2018)           |  | 328,500  |               |        | 2,452  |        |             | —  |  |               | —  |  |
| Fiscal 2017 (as of June 30, 2017)           |  | 225,000  |               |        | 2,251  |        |             | —  |  |               | —  |  |
|                                             |  |               |               |        |             |        |             |               |
| 2023 Notes(12)                              |  |          |               |   |             |   |             |          |
| Fiscal 2022 (as of December 31, 2021)       |  | $             | 284,219  |        |             | $      | 2,906  |               |  | —  |               |  | —  |             |
| Fiscal 2021 (as of June 30, 2021)           |  | 284,219  |               |        | 2,740  |        |             | —  |  |               | —  |  |
| Fiscal 2020 (as of June 30, 2020)           |  | 319,145  |               |        | 2,408  |        |             | —  |  |               | —  |  |
| Fiscal 2019 (as of June 30, 2019)           |  | 318,863  |               |        | 2,365  |        |             | —  |  |               | —  |  |
| Fiscal 2018 (as of June 30, 2018)           |  | 318,675  |               |        | 2,452  |        |             | —  |  |               | —  |  |
| Fiscal 2017 (as of June 30, 2017)           |  | 248,507  |               |        | 2,251  |        |             | —  |  |               | —  |  |
| Fiscal 2016 (as of June 30, 2016)           |  | 248,293  |               |        | 2,269  |        |             | —  |  |               | —  |  |
| Fiscal 2015 (as of June 30, 2015)           |  | 248,094  |               |        | 2,241  |        |             | —  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)           |  | 247,881  |               |        | 2,305  |        |             | —  |  |               | —  |  |
| Fiscal 2013 (as of June 30, 2013)      |  | 247,725  |               |        | 2,578  |        |             | —  |  |               | —  |  |

----

|                                        |  |               |               |  |             |   |             |               |  |               |               |  |               |           |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------|--|---------------|---------------|--|-------------|---|-------------|---------------|--|---------------|---------------|--|---------------|-----------|--|--|--|--|--|--|--|--|--|--|--|--|
|                                        |  |               |               |  |             |   |             |               |
| 2024 Notes(15)                         |  |               |               |  |             |   |             |               |
| Fiscal 2020 (as of June 30, 2020)      |  | $             | 233,788  |  |             | $ | 2,408  |               |  | —  |               |  | $             | 959  |  |
| Fiscal 2019 (as of June 30, 2019)      |  | 234,443  |               |  | 2,365  |   |             | —  |  |               | 1,002    |  |
| Fiscal 2018 (as of June 30, 2018)      |  | 199,281  |               |  | 2,452  |   |             | —  |  |               | 1,029    |  |
| Fiscal 2017 (as of June 30, 2017)      |  | 199,281  |               |  | 2,251  |   |             | —  |  |               | 1,027    |  |
| Fiscal 2016 (as of June 30, 2016)      |  | 161,364  |               |  | 2,269  |   |             | —  |  |               | 951      |  |
| 6.375% 2024 Notes(12)                  |  |               |               |  |             |   |             |               |
| Fiscal 2022 (as of December 31, 2021)  |  | $             | 81,240   |  |             | $ | 2,906  |               |  | —  |               |  | —  |           |
| Fiscal 2021 (as of June 30, 2021)      |  | 81,389   |               |  | 2,740  |   |             | —  |  |               | —  |  |
| Fiscal 2020 (as of June 30, 2020)      |  | 99,780   |               |  | 2,408  |   |             | —  |  |               | —  |  |
| Fiscal 2019 (as of June 30, 2019)      |  | 99,726   |               |  | 2,365  |   |             | —  |  |               | —  |  |
|                                        |  |               |               |  |             |   |             |               |
| 2025 Notes                             |  |               |               |  |             |   |             |               |
| Fiscal 2022 (as of December 31, 2021)  |  | $             | 156,168  |  |             | $ | 2,906  |               |  | —  |               |  | —  |           |
| Fiscal 2021 (as of June 30, 2021)      |  | 156,168  |               |  | 2,740  |   |             | —  |  |               | —  |  |
| Fiscal 2020 (as of June 30, 2020)      |  | 201,250  |               |  | 2,408  |   |             | —  |  |               | —  |  |
| Fiscal 2019 (as of June 30, 2019)      |  | 201,250  |               |  | 2,365  |   |             | —  |  |               | —  |  |
|                                        |  |               |               |  |             |   |             |               |
| 2026 Notes                             |  |               |               |  |             |   |             |               |
| Fiscal 2022 (as of December 31, 2021)  |  | $             | 400,000  |  |             | $ | 2,906  |               |  | —  |               |  | —  |           |
| Fiscal 2021 (as of June 30, 2021)      |  | 400,000  |               |  | 2,740  |   |             | —  |  |               | —  |  |
|                                        |  |               |               |  |             |   |             |               |
| 3.364% 2026 Notes                      |  |               |               |  |             |   |             |               |
| Fiscal 2022 (as of December 31, 2021)  |  | $             | 300,000  |  |             | $ | 2,906  |               |  | —  |               |  | —  |           |
| Fiscal 2021 (as of June 30, 2021)      |  | 300,000  |               |  | 2,740  |   |             | —  |  |               | —  |  |
|                                        |  |               |               |  |             |   |             |               |
| 3.437% 2028 Notes                      |  |               |               |  |             |   |             |               |
| Fiscal 2022 (as of December 31, 2021)  |  | $             | 300,000  |  |             | $ | 2,906  |               |  | —  |               |  | —  |           |
|                                        |  |               |               |  |             |   |             |               |
| 2028 Notes(16)                         |  |               |               |  |             |   |             |               |
| Fiscal 2020 (as of June 30, 2020)      |  | $             | 70,761   |  |             | $ | 2,408  |               |  | —  |               |  | $             | 950  |  |
| Fiscal 2019 (as of June 30, 2019)      |  | 70,761   |               |  | 2,365  |   |             | —  |  |               | 984      |  |
| Fiscal 2018 (as of June 30, 2018)      |  | 55,000   |               |  | 2,452  |   |             | —  |  |               | 1,004    |  |
|                                        |  |               |               |  |             |   |             |               |
| 2029 Notes(17)                         |  |               |               |  |             |   |             |               |
| Fiscal 2021 (as of June 30, 2021)      |  | 69,170   |               |  | 2,740  |   |             | —  |  |               | 1,028    |  |
| Fiscal 2020 (as of June 30, 2020)      |  | 69,170   |               |  | 2,408  |   |             | —  |  |               | 970      |  |
| Fiscal 2019 (as of June 30, 2019)      |  | 69,170   |               |  | 2,365  |   |             | —  |  |               | 983      |  |
|                                        |  |               |               |  |             |   |             |               |
| Prospect Capital InterNotes®      |  |               |               |  |             |   |             |               |
| Fiscal 2022 (as of December 31, 2021)  |  | $             | 340,537  |  |             | $ | 2,906  |               |  | —  |               |  | —  |           |
| Fiscal 2021 (as of June 30, 2021)      |  | 508,711  |               |  | 2,740  |   |             | —  |  |               | —  |  |
| Fiscal 2020 (as of June 30, 2020)      |  | 680,229  |               |  | 2,408  |   |             | —  |  |               | —  |  |
| Fiscal 2019 (as of June 30, 2019)      |  | 707,699  |               |  | 2,365  |   |             | —  |  |               | —  |  |
| Fiscal 2018 (as of June 30, 2018)      |  | 760,924  |               |  | 2,452  |   |             | —  |  |               | —  |  |
| Fiscal 2017 (as of June 30, 2017)      |  | 980,494  |               |  | 2,251  |   |             | —  |  |               | —  |  |
| Fiscal 2016 (as of June 30, 2016)      |  | 908,808  |               |  | 2,269  |   |             | —  |  |               | —  |  |
| Fiscal 2015 (as of June 30, 2015)      |  | 827,442  |               |  | 2,241  |   |             | —  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)      |  | 785,670  |               |  | 2,305  |   |             | —  |  |               | —  |  |
| Fiscal 2013 (as of June 30, 2013) |  | 363,777  |               |  | 2,578  |   |             | —  |  |               | —  |  |
| Fiscal 2012 (as of June 30, 2012) |  | 20,638   |               |  | 3,277  |   |             | —  |  |               | —  |  |
|                                        |  |               |               |  |             |   |             |               |
| Preferred Stock                        |  |               |               |  |             |   |             |               |

----

|                                        |  |                 |                 |        |             |        |             |               |  |               |               |  |               |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------|--|-----------------|-----------------|--------|-------------|--------|-------------|---------------|--|---------------|---------------|--|---------------|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Fiscal 2022 (as of December 31, 2021)  |  | $               | 461,439    |        |             | $      | 2,437  |               |  | —  |               |  | —  |  |
| Fiscal 2021 (as of June  30, 2021)     |  | 137,040    |                 |        | 2,584  |        |             | —  |  |               | —  |  |
| All Senior Securities(12)(13)          |  |            |                 |   |             |   |             |          |
| Fiscal 2022 (as of December 31, 2021)  |  | $               | 2,856,712  |        |             | $      | 2,437  |               |  | —  |               |  | —  |  |
| Fiscal 2021 (as of June  30, 2021)     |  | 2,404,689  |                 |        | 2,584  |        |             | —  |  |               | —  |  |
| Fiscal 2020 (as of June 30, 2020)      |  | 2,169,899  |                 |        | 2,408  |        |             | —  |  |               | —  |  |
| Fiscal 2019 (as of June 30, 2019)      |  | 2,421,526  |                 |        | 2,365  |        |             | —  |  |               | —  |  |
| Fiscal 2018 (as of June 30, 2018)      |  | 2,346,563  |                 |        | 2,452  |        |             | —  |  |               | —  |  |
| Fiscal 2017 (as of June 30, 2017)      |  | 2,681,435  |                 |        | 2,251  |        |             | —  |  |               | —  |  |
| Fiscal 2016 (as of June 30, 2016)      |  | 2,707,465  |                 |        | 2,269  |        |             | —  |  |               | —  |  |
| Fiscal 2015 (as of June 30, 2015)      |  | 2,983,736  |                 |        | 2,241  |        |             | —  |  |               | —  |  |
| Fiscal 2014 (as of June 30, 2014)      |  | 2,773,051  |                 |        | 2,305  |        |             | —  |  |               | —  |  |
| Fiscal 2013 (as of June 30, 2013) |  | 1,683,002  |                 |        | 2,578  |        |             | —  |  |               | —  |  |
| Fiscal 2012 (as of June 30, 2012)      |  | 664,138    |                 |        | 3,277  |        |             | —  |  |               | —  |  |

----

|                                   |                       |                 |                                                |             |                    |                 |               |                 |                         |               |   |                 |       |               |  |  |           |     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------|-----------------------|-----------------|------------------------------------------------|-------------|--------------------|-----------------|---------------|-----------------|-------------------------|---------------|---|-----------------|-------|---------------|--|--|-----------|-----|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                              | Principal Outstanding |                 | Unamortized Discount & Debt Issuance Costs |             | Net Carrying Value |                 | Fair Value(1) |                 | Effective Interest Rate |               |
| Revolving Credit Facility(2)      | $                     | 472,608    |                                                |             | $                  | 9,869      |               |                 | $                       | 472,608  |   | (3)             | $     | 472,608  |  |  | 1ML+2.05% | (6) |
|                                   |                       |                 |                                                |             |                    |                 |               |                 |                         |               |
| 2022 Notes                        | 60,501           |                 |                                                | 222    |                    |                 | 60,279   |                 |                         | 61,557   |   | (4)             | 5.64% | (7)           |
| 2025 Notes                        | 156,168          |                 |                                                | 2,884  |                    |                 | 153,284  |                 |                         | 171,785  |   | (4)             | 6.63% | (7)           |
| Convertible Notes                 | 216,669          |                 |                                                |             |                    | 213,563    |               |                 | 233,342            |               |   |                 |       |
|                                   |                       |                 |                                                |             |                    |                 |               |                 |                         |               |
| 6.375% 2024 Notes                 | 81,240           |                 |                                                | 382    |                    |                 | 80,858   |                 |                         | 87,785   |   | (4)             | 6.57% | (7)           |
| 2023 Notes                        | 284,219          |                 |                                                | 1,004  |                    |                 | 283,215  |                 |                         | 297,691  |   | (4)             | 6.07% | (7)           |
| 2026 Notes                        | 400,000          |                 |                                                | 8,055  |                    |                 | 391,945  |                 |                         | 407,100  |   | (4)             | 3.99% | (7)           |
| 3.364% 2026 Notes                 | 300,000          |                 |                                                | 6,656  |                    |                 | 293,344  |                 |                         | 299,190  |   | (4)             | 3.60% | (7)           |
| 3.437% 2028 Notes                 | 300,000          |                 |                                                | 8,745  |                    |                 | 291,255  |                 |                         | 288,537  |   | (4)             | 3.63% | (7)           |
| Public Notes                      | 1,365,459        |                 |                                                |             |                    | 1,340,617  |               |                 | 1,380,303          |               |   |                 |       |
|                                   |                       |                 |                                                |             |                    |                 |               |                 |                         |               |
| Prospect Capital InterNotes® | 340,537          |                 |                                                | 7,667  |                    |                 | 332,870  |                 |                         | 383,193  |   | (5)             | 5.94% | (8)           |
| Total                             | $                     | 2,395,273  |                                                |             |                    |                 | $             | 2,359,658  |                         |               | $ | 2,469,446  |       |               |  |  |

----

|                                   |                       |                 |                                                |              |                    |                 |                |                 |                         |               |   |                 |  |            |               |     |  |           |     |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------|-----------------------|-----------------|------------------------------------------------|--------------|--------------------|-----------------|----------------|-----------------|-------------------------|---------------|---|-----------------|--|------------|---------------|-----|--|-----------|-----|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                              | Principal Outstanding |                 | Unamortized Discount & Debt Issuance Costs |              | Net Carrying Value |                 | Fair Value (1) |                 | Effective Interest Rate |               |
| Revolving Credit Facility(2)      | $                     | 356,937    |                                                |              | $                  | 11,141     |                |                 | $                       | 356,937  |   | (3)             |  | $          | 356,937  |     |  | 1ML+2.05% | (6) |  |
|                                   |                       |                 |                                                |              |                    |                 |                |                 |                         |               |
| 2022 Notes                        | 111,055          |                 |                                                | 825     |                    |                 | 110,230   |                 |                         | 113,799  |   | (4)             |  | 5.69  | %             | (7) |  |
| 2025 Notes                        | 156,168          |                 |                                                | 3,298   |                    |                 | 152,870   |                 |                         | 171,590  |   | (4)             |  | 6.63  | %             | (7) |  |
| Convertible Notes                 | 267,223          |                 |                                                |              |                    | 263,100    |                |                 | 285,389            |               |   |                 |  |
|                                   |                       |                 |                                                |              |                    |                 |                |                 |                         |               |
| 6.375% 2024 Notes                 | 81,389           |                 |                                                | 467     |                    |                 | 80,922    |                 |                         | 88,996   |   | (4)             |  | 6.57  | %             | (7) |  |
| 2023 Notes                        | 284,219          |                 |                                                | 1,397   |                    |                 | 282,822   |                 |                         | 302,616  |   | (4)             |  | 6.07  | %             | (7) |  |
| 2026 Notes                        | 400,000          |                 |                                                | 8,768   |                    |                 | 391,232   |                 |                         | 413,032  |   | (4)             |  | 3.94  | %             | (7) |  |
| 3.364% 2026 Notes                 | 300,000          |                 |                                                | 7,279   |                    |                 | 292,721   |                 |                         | 300,693  |   | (4)             |  | 3.57  | %             | (7) |  |
| 2029 Notes                        | 69,170           |                 |                                                | 2,150   |                    |                 | 67,020    |                 |                         | 71,336   |   | (4)             |  | 7.38  | %             | (7) |  |
| Public Notes                      | 1,134,778        |                 |                                                |              |                    | 1,114,717  |                |                 | 1,176,673          |               |   |                 |  |
|                                   |                       |                 |                                                |              |                    |                 |                |                 |                         |               |
| Prospect Capital InterNotes® | 508,711          |                 |                                                | 10,496  |                    |                 | 498,215   |                 |                         | 591,013  |   | (5)             |  | 6.17  | %             | (8) |  |
| Total                             | $                     | 2,267,649  |                                                |              |                    |                 | $              | 2,232,969  |                         |               | $ | 2,410,012  |  |            |               |     |

|                                   |                                       |                 |                            |               |                                  |              |                                  |   |                    |               |  |   |               |                 |  |   |               |               |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------|---------------------------------------|-----------------|----------------------------|---------------|----------------------------------|--------------|----------------------------------|---|--------------------|---------------|--|---|---------------|-----------------|--|---|---------------|---------------|--|--|--|--|--|--|--|--|--|--|--|
|                              | Payments Due by Period |
|                              | Total                                 |                 | Less than 1 Year |               | 1 – 3 Years |              | 3 – 5 Years |   | After 5 Years |
| Revolving Credit Facility         | $                                     | 472,608    |                            |               | —                     |              |                                  | $ | —       |               |  | $ | 472,608  |                 |  | $ | —  |               |
| Convertible Notes                 | 216,669                          |                 |                            | 60,501   |                                  |              | —                     |   |                    | 156,168  |  |   | —  |                 |
| Public Notes                      | 1,365,459                        |                 |                            | —  |                                  |              | 365,459                     |   |                    | 700,000  |  |   | 300,000  |                 |
| Prospect Capital InterNotes® | 340,537                          |                 |                            | —  |                                  |              | 662                         |   |                    | 62,537   |  |   | 277,338  |                 |
| Total Contractual Obligations     | $                                     | 2,395,273  |                            |               | $                                | 60,501  |                                  |   | $                  | 366,121  |  |   | $             | 1,391,313  |  |   | $             | 577,338  |  |

----

|                                   |                                       |                 |                            |               |                                  |               |                                  |  |                    |               |  |  |               |               |  |  |   |               |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------|---------------------------------------|-----------------|----------------------------|---------------|----------------------------------|---------------|----------------------------------|--|--------------------|---------------|--|--|---------------|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|--|--|
|                              | Payments Due by Period |
|                              | Total                                 |                 | Less than 1 Year |               | 1 – 3 Years |               | 3 – 5 Years |  | After 5 Years |
| Revolving Credit Facility         | $                                     | 356,937    |                            |               | $                                | —  |                                  |  | $                  | —  |  |  | $             | 356,937  |  |  | $ | —  |  |
| Convertible Notes                 | 267,223                          |                 |                            | —  |                                  |               | 111,055                     |  |                    | 156,168  |  |  | —  |               |
| Public Notes                      | 1,134,778                        |                 |                            | —  |                                  |               | 365,608                     |  |                    | 400,000  |  |  | 369,170  |               |
| Prospect Capital InterNotes® | 508,711                          |                 |                            | —  |                                  |               | 11,744                      |  |                    | 51,822   |  |  | 445,145  |               |
| Total Contractual Obligations     | $                                     | 2,267,649  |                            |               | $                                | —  |                                  |  | $                  | 488,407  |  |  | $             | 964,927  |  |  | $ | 814,315  |  |

----

----

----

----

|                                                          |  |                    |             |                   |  |                                                             |                |                    |             |   |             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------|--|--------------------|-------------|-------------------|--|-------------------------------------------------------------|----------------|--------------------|-------------|---|-------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Declaration Date                                         |  | Record Date        |             | Payment Date      |  | Amount ($ per share), before pro ration for partial periods |                | Amount Distributed |             |
| 5.50% Preferred Stock holders                            |  |                    |             |                   |  |
| 11/6/2020                                        |  | 11/18/2020 |             | 12/1/2020 |  | $                                                           | 0.114583  |                    |             | $ | 13     |  |  |
| 12/4/2020                                        |  | 12/21/2020 |             | 1/4/2021  |  | 0.114583                                               |                |                    | 33     |   |             |
| Distributions for the six months ended December 31, 2020 |  | $                  | 46     |                   |  |
|                                                          |  |                    |             |                   |  |                                                             |                |                    |             |
| 5/7/2021                                         |  | 7/21/2021  |             | 8/2/2021  |  | $                                                           | 0.114583  |                    |             | $ | 680    |  |  |
| 5/7/2021                                         |  | 8/18/2021  |             | 9/1/2021  |  | 0.114583                                               |                |                    | 786    |   |             |
| 8/24/2021                                        |  | 9/15/2021  |             | 10/1/2021 |  | 0.114583                                               |                |                    | 941    |   |             |
| 8/24/2021                                        |  | 10/20/2021 |             | 11/1/2021 |  | 0.114583                                               |                |                    | 1,054  |   |             |
| 8/24/2021                                        |  | 11/17/2021 |             | 12/1/2021 |  | 0.114583                                               |                |                    | 1,197  |   |             |
| 11/5/2021                                        |  | 12/15/2021 |             | 1/3/2022  |  | 0.114583                                               |                |                    | 1,296  |   |             |
| Distributions for the six months ended December 31, 2021 |  | $                  | 5,954  |                   |  |
|                                                          |  |                    |             |                   |  |                                                             |                |                    |             |
| 5.35% Series A Preferred Stock holders                   |  |                    |             |                   |  |
| 8/24/2021                                        |  | 10/20/2021 |             | 11/1/2021 |  | $                                                           | 0.382674  |                    |             | $ | 2,296  |  |  |
| Distributions for the six months ended December 31, 2021 |  | $                  | 2,296  |                   |  |

----

|           |  |                    |  |                   |               |               |  |  |  |  |  |  |  |  |
|-----------|--|--------------------|--|-------------------|---------------|---------------|--|--|--|--|--|--|--|--|
| Series    |  | Shares Outstanding |  | Liquidation Value |
| Series A1 |  | 11,751,346    |  |                   | $             | 293,784  |  |
| Series M1 |  | 519,211       |  |                   | 12,980   |               |
| Series A2 |  | 187,000       |  |                   | 4,675    |               |
| Series A  |  | 6,000,000     |  |                   | 150,000  |               |
| Total     |  | 18,457,557    |  |                   | $             | 461,439  |  |

|           |  |                    |  |                   |             |               |  |  |  |  |  |  |  |  |
|-----------|--|--------------------|--|-------------------|-------------|---------------|--|--|--|--|--|--|--|--|
| Series    |  | Shares Outstanding |  | Liquidation Value |
| Series A1 |  | 5,163,926     |  |                   | $           | 129,098  |  |
| Series M1 |  | 130,666       |  |                   | 3,267  |               |
| Series A2 |  | 187,000       |  |                   | 4,675  |               |
| Total     |  | 5,481,592     |  |                   | $           | 137,040  |  |

----

|                                                                       |  |                    |               |                    |  |                  |            |                                   |              |   |              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------------------|--|--------------------|---------------|--------------------|--|------------------|------------|-----------------------------------|--------------|---|--------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Declaration Date                                                      |  | Record Date        |               | Payment Date       |  | Amount Per Share |            | Amount Distributed (in thousands) |
| 5/8/2020                                                      |  | 7/31/2020  |               | 8/20/2020  |  | $                | 0.06  |                                   |              | $ | 22,515  |  |
| 5/8/2020                                                      |  | 8/31/2020  |               | 9/17/2020  |  | 0.06        |            |                                   | 22,619  |   |
| 8/25/2020                                                     |  | 9/30/2020  |               | 10/22/2020 |  | 0.06        |            |                                   | 22,727  |   |
| 8/25/2020                                                     |  | 10/30/2020 |               | 11/19/2020 |  | 0.06        |            |                                   | 22,836  |   |
| 11/6/2020                                                     |  | 11/30/2020 |               | 12/24/2020 |  | 0.06        |            |                                   | 22,942  |   |
| 11/6/2020                                                     |  | 12/31/2020 |               | 1/21/2021  |  | 0.06        |            |                                   | 23,046  |   |
| Total declared and payable for the six months ended December 31, 2020 |  | $                  | 136,685  |                    |
|                                                                       |  |                    |               |                    |  |                  |            |                                   |
| 5/7/2021                                                      |  | 7/28/2021  |               | 8/19/2021  |  | $                | 0.06  |                                   |              | $ | 23,325  |  |
| 5/7/2021                                                      |  | 8/27/2021  |               | 9/23/2021  |  | 0.06        |            |                                   | 23,348  |   |
| 8/24/2021                                                     |  | 9/28/2021  |               | 10/21/2021 |  | 0.06        |            |                                   | 23,370  |   |
| 8/24/2021                                                     |  | 10/27/2021 |               | 11/18/2021 |  | 0.06        |            |                                   | 23,392  |   |
| 11/5/2021                                                     |  | 11/26/2021 |               | 12/23/2021 |  | 0.06        |            |                                   | 23,413  |   |
| 11/5/2021                                                     |  | 12/29/2021 |               | 1/20/2022  |  | 0.06        |            |                                   | 23,435  |   |
| Total declared and payable for the six months ended December 31, 2021 |  | $                  | 140,283  |                    |

----

|                                           |                                 |              |                               |             |      |              |              |  |   |              |  |  |   |              |  |  |  |  |  |  |  |  |  |
|-------------------------------------------|---------------------------------|--------------|-------------------------------|-------------|------|--------------|--------------|--|---|--------------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|
|                                      | Three Months Ended December 31, |              | Six Months Ended December 31, |
|                                           | 2021                            |              | 2020                          |             | 2021 |              | 2020         |
| Structuring, advisory, and amendment fees | $                               | 16,853  |                               |             | $    | 15,992  |              |  | $ | 28,814  |  |  | $ | 17,418  |  |
| Royalty and net revenue interests         | 10,487                     |              |                               | 9,108  |      |              | 20,294  |  |   | 18,174  |  |
| Administrative agent fees                 | 159                        |              |                               | 125    |      |              | 327     |  |   | 249     |  |
| Total other income                        | $                               | 27,499  |                               |             | $    | 25,225  |              |  | $ | 49,435  |  |  | $ | 35,841  |  |

|                                                                                        |                                              |               |                                            |  |       |               |         |             |   |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------------------|----------------------------------------------|---------------|--------------------------------------------|--|-------|---------------|---------|-------------|---|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                                                                   | For the three months ended December 31, 2021 |               | For the Six Months Ended December 31, 2021 |
|                                                                                   | Basic                                        |               | Diluted                                    |  | Basic |               | Diluted |
| Net increase in net assets resulting from operations applicable to Common Stockholders | $                                            | 246,411  |                                            |  | $     | 253,613  |         |             | $ | 456,135  |  |  | $ | 465,744  |  |
| Weighted average common shares outstanding                                             | 389,991,324                                  |               | 417,952,347                           |  |       | 389,438,733   |         | 412,840,135 |
| Earnings per share                                                                     | $                                            | 0.63     |                                            |  | $     | 0.61     |         |             | $ | 1.17     |  |  | $ | 1.13     |  |

|                                                                                        |                                              |               |                                            |  |       |               |         |             |   |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------------------|----------------------------------------------|---------------|--------------------------------------------|--|-------|---------------|---------|-------------|---|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                                                                   | For the Three Months Ended December 31, 2020 |               | For the Six Months Ended December 31, 2020 |
|                                                                                   | Basic                                        |               | Diluted                                    |  | Basic |               | Diluted |
| Net increase in net assets resulting from operations applicable to Common Stockholders | $                                            | 305,921  |                                            |  | $     | 305,967  |         |             | $ | 473,667  |  |  | $ | 473,713  |  |
| Weighted average common shares outstanding                                             | 381,157,121                                  |               | 381,817,317                           |  |       | 378,534,006   |         | 378,864,104 |
| Earnings per share                                                                     | $                                            | 0.80     |                                            |  | $     | 0.80     |         |             | $ | 1.25     |  |  | $ | 1.25     |  |

----

|                                      |  |                           |               |      |               |      |               |               |  |   |               |  |  |  |  |  |  |  |  |  |
|--------------------------------------|--|---------------------------|---------------|------|---------------|------|---------------|---------------|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                 |  | Tax Year Ended August 31, |
|                                 |  | 2021                      |               | 2020 |               | 2019 |
| Ordinary income                      |  | $                         | 250,801  |      |               | $    | 169,041  |               |  | $ | 263,773  |  |
| Capital gain                         |  | —              |               |      | —  |      |               | —  |  |
| Return of capital                    |  | 28,545               |               |      | 96,720   |      |               | —  |  |
| Total dividends paid to stockholders |  | $                         | 279,346  |      | (1)           | $    | 265,761  |               |  | $ | 263,773  |  |

----

|                                                                 |  |                           |               |      |               |      |               |               |  |   |               |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------------|--|---------------------------|---------------|------|---------------|------|---------------|---------------|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                                            |  | Tax Year Ended August 31, |
|                                                            |  | 2021                      |               | 2020 |               | 2019 |
| Net increase (decrease) in net assets resulting from operations |  | $                         | 428,106  |      |               | $    | (78,949)      |               |  | $ | 93,093   |  |
| Net realized (gains) losses on investments                      |  | 16,173               |               |      | 10,139   |      |               | (5,923)       |  |
| Net unrealized (gains) losses on investments                    |  | (143,654)                 |               |      | 328,997  |      |               | 217,159  |  |
| Other temporary book-to-tax differences                         |  | (49,882)                  |               |      | (91,368)      |      |               | (87,511)      |  |
| Permanent differences                                           |  | (20)                      |               |      | 57       |      |               | 78       |  |
| Taxable income before deductions for distributions              |  | $                         | 250,723  |      | (2)           | $    | 168,876  |               |  | $ | 216,896  |  |

----

----

----

----

|                                            |                    |               |                   |           |                   |               |                   |  |   |               |  |  |   |             |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------|--------------------|---------------|-------------------|-----------|-------------------|---------------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|
|                                            | Three Months Ended |               | Six Months Ended  |           |
|                                            | December 31, 2021  |               | December 31, 2020 |           | December 31, 2021 |               | December 31, 2020 |  |
| Interest Income                            |                    |               |                   |           |                   |               |                   |  |
|   Interest Income from CP Energy | $                  | 1,309    |                   |           | $                 | 1,162    |                   |  | $ | 2,580    |  |  | $ | 2,289  |  |  |
|   Interest Income from Spartan   | 363           |               |                   | 302  |                   |               | 723          |  |   | 605      |  |  |
| Total Interest Income                      | $                  | 1,672    |                   |           | $                 | 1,464    |                   |  | $ | 3,303    |  |  | $ | 2,894  |  |  |
|                                            |                    |               |                   |           |                   |               |                   |  |
| Other Income                               |                    |               |                   |           |                   |               |                   |  |
|                                            |                    |               |                   |           |                   |               |                   |  |
|                                            |                    |               |                   |           |                   |               |                   |  |
|                                            |                    |               |                   |           |                   |               |                   |  |
|                                            |                    |               |                   |           |                   |               |                   |  |
| Administrative Agent                       | $                  | —  |                   |           | $                 | 7        |                   |  | $ | 6        |  |  | $ | 13     |  |  |
| Total Other Income                         | $                  | —  |                   |           | $                 | 7        |                   |  | $ | 6        |  |  | $ | 13     |  |  |
|                                            |                    |               |                   |           |                   |               |                   |  |
|                                            |                    |               |                   |           |                   |               |                   |  |
| Realized Gain                              | $                  | —  |                   |           | $                 | —  |                   |  | $ | —  |  |  | $ | 2,832  |  |  |

|                                          |                    |               |                   |               |                   |               |                   |  |   |               |  |  |   |              |  |  |  |  |  |  |  |  |  |
|------------------------------------------|--------------------|---------------|-------------------|---------------|-------------------|---------------|-------------------|--|---|---------------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|
|                                          | Three Months Ended |               | Six Months Ended  |
|                                          | December 31, 2021  |               | December 31, 2020 |               | December 31, 2021 |               | December 31, 2020 |
| Additions                                | $                  | —  |                   |               | $                 | —  |                   |  | $ | —  |  |  | $ | 26,193  |  |
| Interest Income Capitalized as PIK       |                    |               |                   |               |                   |               |                   |
| CP Energy                                | 1,309         |               |                   | 1,161    |                   |               | 2,581        |  |   | 2,288    |  |
| Spartan                                  | 364           |               |                   | —  |                   |               | 363          |  |   | —  |  |
| Total Interest Income Capitalized as PIK | $                  | 1,673    |                   |               | $                 | 1,161    |                   |  | $ | 2,944    |  |  | $ | 2,288   |  |
| Repayment of Loan Receivable             | —       |               |                   | —  |                   |               | —      |  |   | 23,361   |  |
| Return of Capital                        | —       |               |                   | —  |                   |               | —      |  |   | 1        |  |

----

|                         |                   |          |               |          |   |          |  |  |  |  |  |
|-------------------------|-------------------|----------|---------------|----------|---|----------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |          | June 30, 2021 |
| Interest Receivable (1) | $                 | 19  |               |          | $ | 18  |  |
|                         |                   |          |               |
| Other Receivables (2)   | 151          |          |               | 27  |   |

|                                      |                    |             |                   |               |                   |             |                   |  |   |               |  |  |   |             |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------|--------------------|-------------|-------------------|---------------|-------------------|-------------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|
|                                      | Three Months Ended |             | Six Months Ended  |               |
|                                      | December 31, 2021  |             | December 31, 2020 |               | December 31, 2021 |             | December 31, 2020 |  |
| Interest Income                      | $                  | 3,751  |                   |               | $                 | 3,549  |                   |  | $ | 7,401    |  |  | $ | 6,919  |  |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
| Managerial Assistance (1)            | 175           |             |                   | 175      |                   |             | 350          |  |   | 350      |  |  |
| Reimbursement of Legal, Tax, etc.(2) | 1             |             |                   | —  |                   |             | 1            |  |   | —  |  |  |

|                                    |                    |           |                   |             |                   |           |                   |  |   |             |  |  |   |           |  |  |  |  |  |  |  |  |  |
|------------------------------------|--------------------|-----------|-------------------|-------------|-------------------|-----------|-------------------|--|---|-------------|--|--|---|-----------|--|--|--|--|--|--|--|--|--|
|                                    | Three Months Ended |           | Six Months Ended  |
|                                    | December 31, 2021  |           | December 31, 2020 |             | December 31, 2021 |           | December 31, 2020 |
|                                    |                    |           |                   |             |                   |           |                   |
| Accreted Original Issue Discount   | $                  | 147  |                   |             | $                 | 109  |                   |  | $ | 284    |  |  | $ | 210  |  |
| Interest Income Capitalized as PIK | 1,802         |           |                   | 3,438  |                   |           | 3,557        |  |   | 6,706  |  |
|                                    |                    |           |                   |             |                   |           |                   |

|                         |                   |          |               |         |   |          |  |  |  |  |  |
|-------------------------|-------------------|----------|---------------|---------|---|----------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |          | June 30, 2021 |
| Interest Receivable (3) | $                 | 40  |               |         | $ | 38  |  |
|                         |                   |          |               |
| Other Receivables (4)   | 1            |          |               | 1  |   |

|                                      |                    |             |                   |               |                   |             |                   |  |   |               |  |  |   |             |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------|--------------------|-------------|-------------------|---------------|-------------------|-------------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|
|                                      | Three Months Ended |             | Six Months Ended  |               |
|                                      | December 31, 2021  |             | December 31, 2020 |               | December 31, 2021 |             | December 31, 2020 |  |
| Interest Income                      | $                  | 2,756  |                   |               | $                 | 2,404  |                   |  | $ | 5,457    |  |  | $ | 4,742  |  |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
| Managerial Assistance (1)            | 63            |             |                   | 63       |                   |             | 125          |  |   | 63       |  |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
| Reimbursement of Legal, Tax, etc.(2) | 102           |             |                   | —  |                   |             | 102          |  |   | —  |  |  |

----

|                                    |                    |               |                   |               |                   |           |                   |  |   |               |  |  |   |           |  |  |  |  |  |  |  |  |  |
|------------------------------------|--------------------|---------------|-------------------|---------------|-------------------|-----------|-------------------|--|---|---------------|--|--|---|-----------|--|--|--|--|--|--|--|--|--|
|                                    | Three Months Ended |               | Six Months Ended  |
|                                    | December 31, 2021  |               | December 31, 2020 |               | December 31, 2021 |           | December 31, 2020 |
| Additions (3)                      | $                  | —  |                   |               | $                 | 525  |                   |  | $ | —  |  |  | $ | 525  |  |
| Interest Income Capitalized as PIK | —       |               |                   | —  |                   |           | 5,104        |  |   | 4,325    |  |
|                                    |                    |               |                   |               |                   |           |                   |

|                         |                   |             |               |         |   |             |  |  |  |  |  |
|-------------------------|-------------------|-------------|---------------|---------|---|-------------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |             | June 30, 2021 |
| Interest Receivable (4) | $                 | 4,643  |               |         | $ | 4,290  |  |
|                         |                   |             |               |
| Other Receivables (5)   | 1            |             |               | 1  |   |

|                           |                    |               |                   |  |                   |              |                   |  |   |              |  |  |   |              |  |  |  |  |  |  |  |  |  |  |
|---------------------------|--------------------|---------------|-------------------|--|-------------------|--------------|-------------------|--|---|--------------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|--|
|                           | Three Months Ended |               | Six Months Ended  |  |
|                           | December 31, 2021  |               | December 31, 2020 |  | December 31, 2021 |              | December 31, 2020 |  |
| Interest Income           | $                  | 18,441   |                   |  | $                 | 15,302  |                   |  | $ | 36,779  |  |  | $ | 30,782  |  |  |
|                           |                    |               |                   |  |                   |              |                   |  |
| Other Income              |                    |               |                   |  |                   |              |                   |  |
| Structuring Fee           | $                  | —  |                   |  | $                 | 10,000  |                   |  | $ | 7,234   |  |  | $ | 10,000  |  |  |
|                           |                    |               |                   |  |                   |              |                   |  |
|                           |                    |               |                   |  |                   |              |                   |  |
|                           |                    |               |                   |  |                   |              |                   |  |
|                           |                    |               |                   |  |                   |              |                   |  |
| Total Other Income        | $                  | —  |                   |  | $                 | 10,000  |                   |  | $ | 7,234   |  |  | $ | 10,000  |  |  |
| Managerial Assistance (1) | $                  | 600      |                   |  | $                 | 600     |                   |  | $ | 1,200   |  |  | $ | 1,200   |  |  |
|                           |                    |               |                   |  |                   |              |                   |  |

----

|                                    |                    |             |                   |          |                   |               |                   |  |   |             |  |  |   |               |  |  |  |  |  |  |  |  |  |
|------------------------------------|--------------------|-------------|-------------------|----------|-------------------|---------------|-------------------|--|---|-------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                    | Three Months Ended |             | Six Months Ended  |
|                                    | December 31, 2021  |             | December 31, 2020 |          | December 31, 2021 |               | December 31, 2020 |
|                                    |                    |             |                   |          |                   |               |                   |
| Interest Income Capitalized as PIK | $                  | 3,473  |                   |          | $                 | —  |                   |  | $ | 7,250  |  |  | $ | —  |  |
| Repayment of loan receivable       | 851           |             |                   | 12  |                   |               | 1,159        |  |   | 4,899  |  |

|                         |                   |           |               |         |   |           |  |  |  |  |  |
|-------------------------|-------------------|-----------|---------------|---------|---|-----------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |           | June 30, 2021 |
| Interest Receivable (2) | $                 | 202  |               |         | $ | 198  |  |
|                         |                   |           |               |
| Other Receivables (3)   | 4            |           |               | 1  |   |

|                   |                   |         |               |  |   |         |  |  |  |  |  |
|-------------------|-------------------|---------|---------------|--|---|---------|--|--|--|--|--|
|                   | As of             |
|                   | December 31, 2021 |         | June 30, 2021 |
|                   |                   |         |               |
| Other Receivables | $                 | 4  |               |  | $ | 1  |  |

|                                      |                    |             |                   |               |                   |             |                   |  |   |               |  |  |   |              |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------|--------------------|-------------|-------------------|---------------|-------------------|-------------|-------------------|--|---|---------------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|--|
|                                      | Three Months Ended |             | Six Months Ended  |               |
|                                      | December 31, 2021  |             | December 31, 2020 |               | December 31, 2021 |             | December 31, 2020 |  |
| Interest Income                      | $                  | 6,605  |                   |               | $                 | 5,786  |                   |  | $ | 12,933   |  |  | $ | 10,723  |  |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
|                                      |                    |             |                   |               |                   |             |                   |  |
| Managerial Assistance (1)            | 366           |             |                   | —  |                   |             | 366          |  |   | —  |  |  |
| Reimbursement of Legal, Tax, etc.(2) | 1,443         |             |                   | —  |                   |             | 1,443        |  |   | —  |  |  |

|                                    |                    |               |                   |               |                   |               |                   |  |   |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|------------------------------------|--------------------|---------------|-------------------|---------------|-------------------|---------------|-------------------|--|---|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                    | Three Months Ended |               | Six Months Ended  |
|                                    | December 31, 2021  |               | December 31, 2020 |               | December 31, 2021 |               | December 31, 2020 |
| Additions                          | $                  | —  |                   |               | $                 | —  |                   |  | $ | 7,778    |  |  | $ | —  |  |
| Interest Income Capitalized as PIK | 4,553         |               |                   | 4,040    |                   |               | 8,971        |  |   | 7,322    |  |
| Repayment of loan receivable       | 123           |               |                   | —  |                   |               | 246          |  |   | —  |  |

----

|                         |                   |          |               |          |   |          |  |  |  |  |  |
|-------------------------|-------------------|----------|---------------|----------|---|----------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |          | June 30, 2021 |
| Interest Receivable (3) | $                 | 73  |               |          | $ | 67  |  |
|                         |                   |          |               |
| Other Receivables (4)   | 11           |          |               | 11  |   |

|                       |                   |         |               |  |   |         |  |  |  |  |  |
|-----------------------|-------------------|---------|---------------|--|---|---------|--|--|--|--|--|
|                       | As of             |
|                       | December 31, 2021 |         | June 30, 2021 |
|                       |                   |         |               |
|                       |                   |         |               |
| Other Receivables (1) | $                 | 7  |               |  | $ | 7  |  |

|                                               |                    |               |                   |               |                   |             |                   |  |   |               |  |  |   |             |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------|--------------------|---------------|-------------------|---------------|-------------------|-------------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|
|                                               | Three Months Ended |               | Six Months Ended  |               |
|                                               | December 31, 2021  |               | December 31, 2020 |               | December 31, 2021 |             | December 31, 2020 |  |
| Interest Income                               |                    |               |                   |               |                   |             |                   |  |
|   Interest Income from MITY-Lite    | $                  | 1,820    |                   |               | $                 | 2,416  |                   |  | $ | 3,577    |  |  | $ | 4,789  |  |  |
|   Interest Income from Broda Canada | —       |               |                   | —  |                   |             | —      |  |   | —  |  |  |
| Total Interest Income                         | $                  | 1,820    |                   |               | $                 | 2,416  |                   |  | $ | 3,577    |  |  | $ | 4,789  |  |  |
|                                               |                    |               |                   |               |                   |             |                   |  |
|                                               |                    |               |                   |               |                   |             |                   |  |
|                                               |                    |               |                   |               |                   |             |                   |  |
|                                               |                    |               |                   |               |                   |             |                   |  |
|                                               |                    |               |                   |               |                   |             |                   |  |
|                                               |                    |               |                   |               |                   |             |                   |  |
|                                               |                    |               |                   |               |                   |             |                   |  |
|                                               |                    |               |                   |               |                   |             |                   |  |
|                                               |                    |               |                   |               |                   |             |                   |  |
| Managerial Assistance (1)                     | $                  | —  |                   |               | $                 | 75     |                   |  | $ | —  |  |  | $ | 150    |  |  |
| Reimbursement of Legal, Tax, etc.(2)          | 10            |               |                   | —  |                   |             | 10           |  |   | —  |  |  |
| Realized Gain                                 | 3             |               |                   | —  |                   |             | 6            |  |   | —  |  |  |

|                                    |                    |             |                   |           |                   |           |                   |  |   |             |  |  |   |             |  |  |  |  |  |  |  |  |  |
|------------------------------------|--------------------|-------------|-------------------|-----------|-------------------|-----------|-------------------|--|---|-------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|
|                                    | Three Months Ended |             | Six Months Ended  |
|                                    | December 31, 2021  |             | December 31, 2020 |           | December 31, 2021 |           | December 31, 2020 |
|                                    |                    |             |                   |           |                   |           |                   |
| Interest Income Capitalized as PIK | $                  | 1,669  |                   |           | $                 | 873  |                   |  | $ | 3,276  |  |  | $ | 1,724  |  |
| Repayment of loan receivable       | —       |             |                   | 147  |                   |           | —      |  |   | 292    |  |

----

|                         |                   |          |               |               |   |          |  |  |  |  |  |
|-------------------------|-------------------|----------|---------------|---------------|---|----------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |          | June 30, 2021 |
| Interest Receivable (3) | $                 | 21  |               |               | $ | 19  |  |
|                         |                   |          |               |
| Other Receivables (4)   | 4            |          |               | —  |   |

|                                      |                    |              |                   |             |                   |              |                   |  |   |              |  |  |   |              |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------|--------------------|--------------|-------------------|-------------|-------------------|--------------|-------------------|--|---|--------------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|--|
|                                      | Three Months Ended |              | Six Months Ended  |             |
|                                      | December 31, 2021  |              | December 31, 2020 |             | December 31, 2021 |              | December 31, 2020 |  |
| Interest Income                      | $                  | 16,564  |                   |             | $                 | 14,441  |                   |  | $ | 32,561  |  |  | $ | 27,843  |  |  |
|                                      |                    |              |                   |             |                   |              |                   |  |
|                                      |                    |              |                   |             |                   |              |                   |  |
| Other Income                         |                    |              |                   |             |                   |              |                   |  |
| Structuring Fee                      | $                  | 1,222   |                   |             | $                 | 1,433   |                   |  | $ | 1,222   |  |  | $ | 1,433   |  |  |
|                                      |                    |              |                   |             |                   |              |                   |  |
|                                      |                    |              |                   |             |                   |              |                   |  |
| Royalty/Net Interest             | 10,315        |              |                   | 8,939  |                   |              | 19,940       |  |   | 17,837  |  |  |
|                                      |                    |              |                   |             |                   |              |                   |  |
|                                      |                    |              |                   |             |                   |              |                   |  |
| Total Other Income                   | $                  | 11,537  |                   |             | $                 | 10,372  |                   |  | $ | 21,162  |  |  | $ | 19,270  |  |  |
| Managerial Assistance (1)            | $                  | 525     |                   |             | $                 | 525     |                   |  | $ | 1,050   |  |  | $ | 1,050   |  |  |
| Reimbursement of Legal, Tax, etc.(2) | 593           |              |                   | 530    |                   |              | 2,711        |  |   | 694     |  |  |

----

|                              |                    |               |                   |              |                   |              |                   |  |   |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|------------------------------|--------------------|---------------|-------------------|--------------|-------------------|--------------|-------------------|--|---|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                              | Three Months Ended |               | Six Months Ended  |
|                              | December 31, 2021  |               | December 31, 2020 |              | December 31, 2021 |              | December 31, 2020 |
| Additions                    | $                  | 105,466  |                   |              | $                 | 83,024  |                   |  | $ | 115,356  |  |  | $ | 121,770  |  |
|                              |                    |               |                   |              |                   |              |                   |
| Repayment of loan receivable | 245,982       |               |                   | 23,421  |                   |              | 279,882      |  |   | 38,750   |  |

|                         |                   |          |               |         |   |          |  |  |  |  |  |
|-------------------------|-------------------|----------|---------------|---------|---|----------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |          | June 30, 2021 |
| Interest Receivable (3) | $                 | 42  |               |         | $ | 35  |  |
|                         |                   |          |               |
| Other Receivables (4)   | 6            |          |               | 3  |   |

|                                       |                    |             |                   |               |                   |             |                   |  |   |               |  |  |   |             |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------|--------------------|-------------|-------------------|---------------|-------------------|-------------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|
|                                       | Three Months Ended |             | Six Months Ended  |               |
|                                       | December 31, 2021  |             | December 31, 2020 |               | December 31, 2021 |             | December 31, 2020 |  |
| Interest Income                       | $                  | 1,035  |                   |               | $                 | 1,035  |                   |  | $ | 2,071    |  |  | $ | 2,068  |  |  |
| Dividend Income (1)                   | 500           |             |                   | —  |                   |             | 1,750        |  |   | —  |  |  |
|                                       |                    |             |                   |               |                   |             |                   |  |
|                                       |                    |             |                   |               |                   |             |                   |  |
|                                       |                    |             |                   |               |                   |             |                   |  |
|                                       |                    |             |                   |               |                   |             |                   |  |
|                                       |                    |             |                   |               |                   |             |                   |  |
|                                       |                    |             |                   |               |                   |             |                   |  |
|                                       |                    |             |                   |               |                   |             |                   |  |
| Managerial Assistance (2)             | 100           |             |                   | 100      |                   |             | 200          |  |   | 200      |  |  |
| Reimbursement of Legal, Tax, etc. (3) | 9             |             |                   | —  |                   |             | 9            |  |   | —  |  |  |

|                                    |                    |               |                   |  |                   |               |                   |  |   |               |  |  |   |           |  |  |  |  |  |  |  |  |  |
|------------------------------------|--------------------|---------------|-------------------|--|-------------------|---------------|-------------------|--|---|---------------|--|--|---|-----------|--|--|--|--|--|--|--|--|--|
|                                    | Three Months Ended |               | Six Months Ended  |
|                                    | December 31, 2021  |               | December 31, 2020 |  | December 31, 2021 |               | December 31, 2020 |
|                                    |                    |               |                   |  |                   |               |                   |
| Interest Income Capitalized as PIK | $                  | —  |                   |  | $                 | —  |                   |  | $ | —  |  |  | $ | 173  |  |
|                                    |                    |               |                   |  |                   |               |                   |

|                         |                   |          |               |         |   |          |  |  |  |  |  |
|-------------------------|-------------------|----------|---------------|---------|---|----------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |          | June 30, 2021 |
| Interest Receivable (4) | $                 | 11  |               |         | $ | 11  |  |
|                         |                   |          |               |
| Other Receivables (5)   | 5            |          |               | 2  |   |

----

|                                       |                    |             |                   |           |                   |               |                   |  |   |             |  |  |   |               |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------|--------------------|-------------|-------------------|-----------|-------------------|---------------|-------------------|--|---|-------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|--|
|                                       | Three Months Ended |             | Six Months Ended  |           |
|                                       | December 31, 2021  |             | December 31, 2020 |           | December 31, 2021 |               | December 31, 2020 |  |
| Interest Income                       |                    |             |                   |           |                   |               |                   |  |
|                                       |                    |             |                   |           |                   |               |                   |  |
|   Interest Income from NMMB | $                  | 130    |                   |           | $                 | 134      |                   |  | $ | 261    |  |  | $ | 269      |  |  |
| Total Interest Income                 | $                  | 130    |                   |           | $                 | 134      |                   |  | $ | 261    |  |  | $ | 269      |  |  |
| Dividend Income (1)                   | $                  | 3,046  |                   |           | $                 | —  |                   |  | $ | 3,046  |  |  | $ | —  |  |  |
|                                       |                    |             |                   |           |                   |               |                   |  |
|                                       |                    |             |                   |           |                   |               |                   |  |
|                                       |                    |             |                   |           |                   |               |                   |  |
|                                       |                    |             |                   |           |                   |               |                   |  |
|                                       |                    |             |                   |           |                   |               |                   |  |
|                                       |                    |             |                   |           |                   |               |                   |  |
|                                       |                    |             |                   |           |                   |               |                   |  |
| Managerial Assistance (2)             | 100           |             |                   | 100  |                   |               | 200          |  |   | 200    |  |  |
|                                       |                    |             |                   |           |                   |               |                   |  |

|                                        |                    |          |                   |  |                   |          |                   |  |   |          |  |  |   |          |  |  |  |  |  |  |  |  |  |
|----------------------------------------|--------------------|----------|-------------------|--|-------------------|----------|-------------------|--|---|----------|--|--|---|----------|--|--|--|--|--|--|--|--|--|
|                                        | Three Months Ended |          | Six Months Ended  |
|                                        | December 31, 2021  |          | December 31, 2020 |  | December 31, 2021 |          | December 31, 2020 |
|                                        |                    |          |                   |  |                   |          |                   |
|                                        |                    |          |                   |  |                   |          |                   |
| Repayment of loan receivable           |                    |          |                   |  |                   |          |                   |
|                                        |                    |          |                   |  |                   |          |                   |
|    Repayment from NMMB  | $                  | 38  |                   |  | $                 | 38  |                   |  | $ | 76  |  |  | $ | 76  |  |
| Total Repayment of loan receivable (2) | $                  | 38  |                   |  | $                 | 38  |                   |  | $ | 76  |  |  | $ | 76  |  |

|                         |                   |         |               |               |   |         |  |  |  |  |  |
|-------------------------|-------------------|---------|---------------|---------------|---|---------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |         | June 30, 2021 |
| Interest Receivable (3) | $                 | 1  |               |               | $ | 1  |  |
|                         |                   |         |               |
| Other Receivables  (4)  | 1            |         |               | —  |   |

----

|                       |                    |             |                   |               |                   |             |                   |  |   |             |  |  |   |             |  |  |  |  |  |  |  |  |  |  |
|-----------------------|--------------------|-------------|-------------------|---------------|-------------------|-------------|-------------------|--|---|-------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|
|                       | Three Months Ended |             | Six Months Ended  |               |
|                       | December 31, 2021  |             | December 31, 2020 |               | December 31, 2021 |             | December 31, 2020 |  |
| Interest Income       | $                  | 1,198  |                   |               | $                 | 1,016  |                   |  | $ | 2,322  |  |  | $ | 2,157  |  |  |
|                       |                    |             |                   |               |                   |             |                   |  |
|                       |                    |             |                   |               |                   |             |                   |  |
|                       |                    |             |                   |               |                   |             |                   |  |
|                       |                    |             |                   |               |                   |             |                   |  |
|                       |                    |             |                   |               |                   |             |                   |  |
|                       |                    |             |                   |               |                   |             |                   |  |
|                       |                    |             |                   |               |                   |             |                   |  |
|                       |                    |             |                   |               |                   |             |                   |  |
| Managerial Assistance | —       |             |                   | —  |                   |             | —      |  |   | 69     |  |  |
|                       |                    |             |                   |               |                   |             |                   |  |

|                                    |                    |             |                   |           |                   |               |                   |  |   |             |  |  |   |               |  |  |  |  |  |  |  |  |  |
|------------------------------------|--------------------|-------------|-------------------|-----------|-------------------|---------------|-------------------|--|---|-------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                    | Three Months Ended |             | Six Months Ended  |
|                                    | December 31, 2021  |             | December 31, 2020 |           | December 31, 2021 |               | December 31, 2020 |
| Additions (1)                      | $                  | 4,500  |                   |           | $                 | —  |                   |  | $ | 6,500  |  |  | $ | —  |  |
| Interest Income Capitalized as PIK | 1,486         |             |                   | 631  |                   |               | 2,169        |  |   | 1,265  |  |
|                                    |                    |             |                   |           |                   |               |                   |

|                         |                   |          |               |          |   |          |  |  |  |  |  |
|-------------------------|-------------------|----------|---------------|----------|---|----------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |          | June 30, 2021 |
| Interest Receivable (2) | $                 | 46  |               |          | $ | 36  |  |
|                         |                   |          |               |
| Other Receivables (3)   | 96           |          |               | 37  |   |

|                                      |                    |           |                   |               |                   |           |                   |  |   |               |  |  |   |             |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------|--------------------|-----------|-------------------|---------------|-------------------|-----------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|
|                                      | Three Months Ended |           | Six Months Ended  |               |
|                                      | December 31, 2021  |           | December 31, 2020 |               | December 31, 2021 |           | December 31, 2020 |  |
| Interest Income                      | $                  | 715  |                   |               | $                 | 715  |                   |  | $ | 1,431    |  |  | $ | 1,431  |  |  |
| Dividend Income (1)                  | 441           |           |                   | —  |                   |           | 441          |  |   | —  |  |  |
|                                      |                    |           |                   |               |                   |           |                   |  |
|                                      |                    |           |                   |               |                   |           |                   |  |
|                                      |                    |           |                   |               |                   |           |                   |  |
|                                      |                    |           |                   |               |                   |           |                   |  |
|                                      |                    |           |                   |               |                   |           |                   |  |
|                                      |                    |           |                   |               |                   |           |                   |  |
|                                      |                    |           |                   |               |                   |           |                   |  |
| Managerial Assistance (2)            | 45            |           |                   | 45       |                   |           | 90           |  |   | 90       |  |  |
| Reimbursement of Legal, Tax, etc.(3) | —       |           |                   | —  |                   |           | 4            |  |   | —  |  |  |

|                         |                   |         |               |               |   |         |  |  |  |  |  |
|-------------------------|-------------------|---------|---------------|---------------|---|---------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |         | June 30, 2021 |
| Interest Receivable (3) | $                 | 8  |               |               | $ | 8  |  |
|                         |                   |         |               |
| Other Receivables (4)   | 1            |         |               | —  |   |

----

|                           |                    |           |                   |         |                   |           |                   |  |   |             |  |  |   |             |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------|--------------------|-----------|-------------------|---------|-------------------|-----------|-------------------|--|---|-------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|--|
|                           | Three Months Ended |           | Six Months Ended  |         |                   |
|                           | December 31, 2021  |           | December 31, 2020 |         | December 31, 2021 |           | December 31, 2020 |  |   |
| Interest Income           | $                  | 593  |                   |         | $                 | 591  |                   |  | $ | 1,186  |  |  | $ | 1,185  |  |  |  |
|                           |                    |           |                   |         |                   |           |                   |  |   |
|                           |                    |           |                   |         |                   |           |                   |  |   |
|                           |                    |           |                   |         |                   |           |                   |  |   |
|                           |                    |           |                   |         |                   |           |                   |  |   |
|                           |                    |           |                   |         |                   |           |                   |  |   |
|                           |                    |           |                   |         |                   |           |                   |  |   |
|                           |                    |           |                   |         |                   |           |                   |  |   |
|                           |                    |           |                   |         |                   |           |                   |  |   |
| Managerial Assistance (1) | 3             |           |                   | 3  |                   |           | 6            |  |   | 6      |  |  |   |
|                           |                    |           |                   |         |                   |           |                   |  |   |
|                           |                    |           |                   |         |                   |           |                   |  |   |

|                              |                    |         |                   |  |                   |           |                   |  |   |          |  |  |   |           |  |  |  |  |  |  |  |  |  |
|------------------------------|--------------------|---------|-------------------|--|-------------------|-----------|-------------------|--|---|----------|--|--|---|-----------|--|--|--|--|--|--|--|--|--|
|                              | Three Months Ended |         | Six Months Ended  |
|                              | December 31, 2021  |         | December 31, 2020 |  | December 31, 2021 |           | December 31, 2020 |
|                              |                    |         |                   |  |                   |           |                   |
|                              |                    |         |                   |  |                   |           |                   |
| Repayment of loan receivable | $                  | 8  |                   |  | $                 | 170  |                   |  | $ | 16  |  |  | $ | 340  |  |

|                         |                   |         |               |         |   |         |  |  |  |  |  |
|-------------------------|-------------------|---------|---------------|---------|---|---------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |         | June 30, 2021 |
| Interest Receivable (2) | $                 | 6  |               |         | $ | 6  |  |
|                         |                   |         |               |
| Other Receivables (3)   | 16           |         |               | 4  |   |
|                         |                   |         |               |

----

|                 |                    |          |                   |  |                   |         |                   |  |   |           |  |  |   |         |  |  |  |  |  |  |  |  |  |
|-----------------|--------------------|----------|-------------------|--|-------------------|---------|-------------------|--|---|-----------|--|--|---|---------|--|--|--|--|--|--|--|--|--|
|                 | Three Months Ended |          | Six Months Ended  |
|                 | December 31, 2021  |          | December 31, 2020 |  | December 31, 2021 |         | December 31, 2020 |
| Interest Income | $                  | 51  |                   |  | $                 | 1  |                   |  | $ | 102  |  |  | $ | 1  |  |
|                 |                    |          |                   |  |                   |         |                   |

|               |                    |               |                   |  |                   |             |                   |  |   |               |  |  |   |             |  |  |  |  |  |  |  |  |  |
|---------------|--------------------|---------------|-------------------|--|-------------------|-------------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|
|               | Three Months Ended |               | Six Months Ended  |
|               | December 31, 2021  |               | December 31, 2020 |  | December 31, 2021 |             | December 31, 2020 |
| Additions (1) | $                  | —  |                   |  | $                 | 2,000  |                   |  | $ | —  |  |  | $ | 2,000  |  |

|                         |                   |         |               |               |   |         |  |  |  |  |  |
|-------------------------|-------------------|---------|---------------|---------------|---|---------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |         | June 30, 2021 |
| Interest Receivable (2) | $                 | 1  |               |               | $ | 1  |  |
|                         |                   |         |               |
| Other Receivables (3)   | 62           |         |               | —  |   |

|                                      |                    |             |                   |             |                   |             |                   |  |   |             |  |  |   |             |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------|--------------------|-------------|-------------------|-------------|-------------------|-------------|-------------------|--|---|-------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|--|
|                                      | Three Months Ended |             | Six Months Ended  |             |
|                                      | December 31, 2021  |             | December 31, 2020 |             | December 31, 2021 |             | December 31, 2020 |  |
| Interest Income                      |                    |             |                   |             |                   |             |                   |  |
| Interest Income from Valley          | $                  | 280    |                   |             | $                 | 280    |                   |  | $ | 560    |  |  | $ | 560    |  |  |
| Interest Income from Valley Electric | 1,499         |             |                   | 1,499  |                   |             | 2,997        |  |   | 2,997  |  |  |
| Total Interest Income                | $                  | 1,779  |                   |             | $                 | 1,779  |                   |  | $ | 3,557  |  |  | $ | 3,557  |  |  |
| Dividend Income (1)                  | $                  | 1,700  |                   |             | $                 | 2,261  |                   |  | $ | 1,700  |  |  | $ | 2,261  |  |  |
| Other Income                         |                    |             |                   |             |                   |             |                   |  |
|                                      |                    |             |                   |             |                   |             |                   |  |
|                                      |                    |             |                   |             |                   |             |                   |  |
|                                      |                    |             |                   |             |                   |             |                   |  |
| Residual Profit Interest             | $                  | 166    |                   |             | $                 | 166    |                   |  | $ | 333    |  |  | $ | 333    |  |  |
|                                      |                    |             |                   |             |                   |             |                   |  |
| Total Other Income                   | $                  | 166    |                   |             | $                 | 166    |                   |  | $ | 333    |  |  | $ | 333    |  |  |
| Managerial Assistance (2)            | $                  | 150    |                   |             | $                 | 150    |                   |  | $ | 300    |  |  | $ | 300    |  |  |
|                                      |                    |             |                   |             |                   |             |                   |  |

----

|                              |                    |               |                   |  |                   |             |                   |  |   |               |  |  |   |             |  |  |  |  |  |  |  |  |  |
|------------------------------|--------------------|---------------|-------------------|--|-------------------|-------------|-------------------|--|---|---------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|
|                              | Three Months Ended |               | Six Months Ended  |
|                              | December 31, 2021  |               | December 31, 2020 |  | December 31, 2021 |             | December 31, 2020 |
| Repayment of loan receivable | $                  | —  |                   |  | $                 | 1,061  |                   |  | $ | —  |  |  | $ | 1,061  |  |

|                         |                   |          |               |         |   |          |  |  |  |  |  |
|-------------------------|-------------------|----------|---------------|---------|---|----------|--|--|--|--|--|
|                         | As of             |
|                         | December 31, 2021 |          | June 30, 2021 |
| Interest Receivable (3) | $                 | 20  |               |         | $ | 20  |  |
|                         |                   |          |               |
| Other Receivables (4)   | 2            |          |               | 2  |   |

----

|                                                                                                |                                 |                 |                               |                   |      |                 |                   |     |     |                   |   |     |   |                 |  |     |  |  |  |  |  |  |  |  |  |  |
|------------------------------------------------------------------------------------------------|---------------------------------|-----------------|-------------------------------|-------------------|------|-----------------|-------------------|-----|-----|-------------------|---|-----|---|-----------------|--|-----|--|--|--|--|--|--|--|--|--|--|
|                                                                                           | Three Months Ended December 31, |                 | Six Months Ended December 31, |                   |
|                                                                                           | 2021                            |                 | 2020                          |                   | 2021 |                 | 2020              |     |
| Per Share Data                                                                                 |                            |                 |                          |              |      |                 |                   |     |
| Net asset value per common share at beginning of period                                        | $                               | 10.12      |                               |                   | $    | 8.40       |                   |     | $   | 9.81         |   |     | $ | 8.18       |  |     |
| Net investment income(1)                                                                       | 0.22                       |                 |                               | 0.21         |      |                 | 0.43         |     |     | 0.37         |   |     |
| Net realized and change in unrealized gains(1)                                                 | 0.43                       |                 |                               | 0.59         |      |                 | 0.77         |     |     | 0.88         |   |     |
|   Net increase from operations                                                       | 0.65                       |                 |                               | 0.80         |      |                 | 1.20         |     |     | 1.25         |   |     |
| Distributions of net investment income to preferred stockholders                               | (0.02)                          |                 |                               | —      |      | (4)             | (0.03)            |     |     | —      |   | (4) |
| Distributions of net investment income to common stockholders                                  | (0.18)                          |                 | (8)                           | (0.18)            |      |                 | (0.36)            |     | (8) | (0.33)            |   |     |
| Return of Capital to common stockholders                                                       | —                    |                 | (8)                           | —      |      |                 | —      |     | (8) | (0.03)            |   |     |
| Common stock transactions(2)                                                                   | (0.01)                          |                 |                               | (0.05)            |      |                 | (0.02)            |     |     | (0.10)            |   |     |
| Offering costs from issuance of preferred stock                                                | —                    |                 |                               | —      |      | (4)             | (0.03)            |     |     | —      |   | (4) |
| Reclassification of preferred stock issuance costs(9)                                          | 0.03                       |                 |                               | —      |      |                 | 0.03         |     |     | —      |   |     |
|   Net asset value per common share at end of period                                  | $                               | 10.60      |                               | (5)               | $    | 8.96       |                   | (5) | $   | 10.60        |   |     | $ | 8.96       |  | (5) |
|                                                                                                |                                 |                 |                               |                   |      |                 |                   |     |
| Per common share market value at end of period                                                 | $                               | 8.41       |                               |                   | $    | 5.41       |                   |     | $   | 8.41         |   |     | $ | 5.41       |  |     |
| Total return based on market value(3)                                                          | 11.67                      | %               |                               | 11.47        | %    |                 | 4.91         | %   |     | 13.87        | % |     |
| Total return based on net asset value(3)                                                       | 7.10                       | %               |                               | 10.55        | %    |                 | 13.09        | %   |     | 17.81        | % |     |
| Shares of common stock outstanding at end of period                                            | 390,584,255                |                 |                               | 384,097,645  |      |                 | 390,584,255  |     |     | 384,097,645  |   |     |
| Weighted average shares of common stock outstanding                                            | 389,991,324                |                 |                               | 381,157,121  |      |                 | 389,438,733  |     |     | 378,535,006  |   |     |
|                                                                                                |                                 |                 |                               |                   |      |                 |                   |     |
| Ratios/Supplemental Data                                                                   |                                 |                 |                               |                   |      |                 |                   |     |
| Net assets at end of period                                                                    | $                               | 4,140,128  |                               |                   | $    | 3,456,520  |                   |     | $   | 4,140,128    |   |     | $ | 3,456,520  |  |     |
| Portfolio turnover rate                                                                        | 6.61                       | %               |                               | 6.21         | %    |                 | 11.73        | %   |     | 9.05         | % |     |
| Annualized ratio of operating expenses to average net assets applicable to common shares(7)    | 8.89                       | %               |                               | 10.94        | %    |                 | 8.98         | %   |     | 10.90        | % |     |
| Annualized ratio of net investment income to average net assets applicable to common shares(7) | 8.47                       | %               |                               | 9.83         | %    |                 | 8.42         | %   |     | 8.61         | % |     |

----

|                                                                  |                     |                 |      |                   |      |                 |                   |   |      |                   |    |  |                   |                 |     |  |   |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------------------------------------------|---------------------|-----------------|------|-------------------|------|-----------------|-------------------|---|------|-------------------|----|--|-------------------|-----------------|-----|--|---|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                             | Year Ended June 30, |                 |
|                                                             | 2021                |                 | 2020 |                   | 2019 |                 | 2018              |   | 2017 |                   |
| Per Share Data                                                   |                     |                 |      |                   |      |                 |                   |   |      |                   |
| Net asset value per common share at beginning of year            | $                   | 8.18       |      |                   | $    | 9.01       |                   |   | $    | 9.35         |    |  | $                 | 9.32       |     |  | $ | 9.62       |  |  |
| Net investment income(1)                                         | 0.75           |                 |      | 0.72         |      |                 | 0.85         |   |      | 0.79         |    |  | 0.85         |                 |     |
| Net realized and change in unrealized gains (losses)(1)          | 1.77           |                 |      | (0.76)            |      |                 | (0.46)            |   |      | 0.04         |    |  | (0.15)            |                 |     |
| Net increase (decrease) from operations                          | 2.52           |                 |      | (0.04)            |      |                 | 0.39         |   |      | 0.83         |    |  | 0.70         |                 |     |
| Distributions of net investment income to common stockholders    | (0.69)              |                 | (6)  | (0.49)            |      | (6)             | (0.72)            |   |      | (0.77)            |    |  | (1.00)            |                 |     |
| Distributions of net investment income to preferred stockholders | —        |                 | (4)  | —      |      |                 | —      |   |      | —      |    |  | —      |                 |     |
| Return of capital to common stockholders                         | (0.03)              |                 | (8)  | (0.23)            |      | (6)             | —      |   |      | —      |    |  | —      |                 |     |
| Common stock transactions(2)                                     | (0.11)              |                 |      | (0.07)            |      |                 | (0.01)            |   |      | (0.03)            |    |  | —      |                 | (4) |
| Offering costs from issuance of preferred stock                  | (0.04)              |                 |      | —      |      |                 | —      |   |      | —      |    |  | —      |                 |     |
| Net asset value per common share at end of year                  | $                   | 9.81       |      | (5)               | $    | 8.18       |                   |   | $    | 9.01         |    |  | $                 | 9.35       |     |  | $ | 9.32       |  |  |
|                                                                  |                     |                 |      |                   |      |                 |                   |   |      |                   |
| Per share market value at end of year                            | $                   | 8.39       |      |                   | $    | 5.11       |                   |   | $    | 6.53         |    |  | $                 | 6.71       |     |  | $ | 8.12       |  |  |
| Total return based on market value(3)                            | 85.53          | %               |      | (11.35       | %)   |                 | 8.23         | % |      | (7.42        | %) |  | 16.80        | %               |     |
| Total return based on net asset value(3)                         | 35.52          | %               |      | 2.84         | %    |                 | 7.17         | % |      | 12.39        | %  |  | 8.98         | %               |     |
| Shares of common stock outstanding at end of year                | 388,419,573    |                 |      | 373,538,499  |      |                 | 367,131,025  |   |      | 364,409,938  |    |  | 360,076,933  |                 |     |
| Weighted average shares of common stock outstanding              | 382,705,106    |                 |      | 368,094,299  |      |                 | 365,984,541  |   |      | 361,456,075  |    |  | 358,841,714  |                 |     |
|                                                                  |                     |                 |      |                   |      |                 |                   |   |      |                   |
| Ratios/Supplemental Data                                     |                     |                 |      |                   |      |                 |                   |   |      |                   |
| Net assets at end of year                                        | $                   | 3,945,517  |      |                   | $    | 3,055,861  |                   |   | $    | 3,306,275    |    |  | $                 | 3,407,047  |     |  | $ | 3,354,952  |  |  |
| Portfolio turnover rate                                          | 14.64          | %               |      | 16.46        | %    |                 | 10.86        | % |      | 30.70        | %  |  | 23.65        | %               |     |
| Ratio of operating expenses to average net assets(7)             | 9.98           | %               |      | 11.37        | %    |                 | 11.65        | % |      | 11.08        | %  |  | 11.57        | %               |     |
| Ratio of net investment income to average net assets(7)          | 8.24           | %               |      | 8.44         | %    |                 | 9.32         | % |      | 8.57         | %  |  | 8.96         | %               |     |

----

|                    |  |                        |               |                                 |            |                                                           |            |                                                                                                                  |   |              |              |                    |            |               |            |                    |               |   |               |               |  |   |            |               |  |   |               |  |  |   |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------|--|------------------------|---------------|---------------------------------|------------|-----------------------------------------------------------|------------|------------------------------------------------------------------------------------------------------------------|---|--------------|--------------|--------------------|------------|---------------|------------|--------------------|---------------|---|---------------|---------------|--|---|------------|---------------|--|---|---------------|--|--|---|------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                    |  | Investment Income |               | Net Investment Income |            | Net Realized and Unrealized (Losses) Gains |            | Net Increase (Decrease) in Net Assets from Operations Applicable to Common Stockholders |
| Quarter Ended |  | Total                  |               | Per Share (1)              |            | Total                                                     |            | Per Share (1)                                                                                               |   | Total        |              | Per Share (1) |            | Total         |            | Per Share (1) |
| September 30, 2019 |  | $                      | 161,883  |                                 |            | $                                                         | 0.44  |                                                                                                                  |   | $            | 71,060  |                    |            | $             | 0.19  |                    |               | $ | (52,995)      |               |  | $ | (0.14)     |               |  | $ | 18,065   |  |  | $ | 0.05  |  |
| December 31, 2019  |  | 161,917           |               |                                 | 0.44  |                                                           |            | 67,885                                                                                                      |   |              | 0.18    |                    |            | (79,088)      |            |                    | (0.21)        |   |               | (11,203)      |  |   | (0.03)     |               |
| March 31, 2020     |  | 154,501           |               |                                 | 0.42  |                                                           |            | 68,476                                                                                                      |   |              | 0.19    |                    |            | (254,175)     |            |                    | (0.70)        |   |               | (185,699)     |  |   | (0.51)     |               |
| June 30, 2020      |  | 145,229           |               |                                 | 0.39  |                                                           |            | 58,273                                                                                                      |   |              | 0.16    |                    |            | 104,340  |            |                    | 0.28     |   |               | 162,613  |  |   | 0.44  |               |
|                    |  |                        |               |                                 |            |                                                           |            |                                                                                                                  |   |              |              |                    |            |               |            |                    |
| September 30, 2020 |  | $                      | 142,880  |                                 |            | $                                                         | 0.38  |                                                                                                                  |   | $            | 57,545  |                    |            | $             | 0.15  |                    |               | $ | 110,201  |               |  | $ | 0.30  |               |  | $ | 167,746  |  |  | $ | 0.45  |  |
| December 31, 2020  |  | 172,292           |               |                                 | 0.45  |                                                           |            | 81,561                                                                                                      |   |              | 0.21    |                    |            | 224,406  |            |                    | 0.60     |   |               | 305,921  |  |   | 0.80  |               |
| March 31, 2021     |  | 159,456           |               |                                 | 0.41  |                                                           |            | 73,402                                                                                                      |   |              | 0.19    |                    |            | 173,006  |            |                    | 0.45     |   |               | 246,008  |  |   | 0.64  |               |
| June 30, 2021      |  | 157,339           |               |                                 | 0.41  |                                                           |            | 73,229                                                                                                      |   |              | 0.19    |                    |            | 170,457  |            |                    | 0.44     |   |               | 242,421  |  |   | 0.62  |               |
|                    |  |                        |               |                                 |            |                                                           |            |                                                                                                                  |   |              |              |                    |            |               |            |                    |
| September 30, 2021 |  | $                      | 169,474  |                                 |            | $                                                         | 0.44  |                                                                                                                  |   | $            | 81,369  |                    |            | $             | 0.21  |                    |               | $ | 130,762  |               |  | $ | 0.34  |               |  | $ | 209,724  |  |  | $ | 0.54  |  |
| December 31, 2021  |  | $                      | 175,376  |                                 |            | 0.45                                                 |            |                                                                                                                  | $ | 85,557  |              |                    | 0.22  |               |            | $                  | 168,056  |   |               | 0.43     |  |   | $          | 246,411  |  |   | 0.63     |  |

----

|                                                       |                   |                  |                                                                     |  |  |  |  |  |  |  |  |
|-------------------------------------------------------|-------------------|------------------|---------------------------------------------------------------------|--|--|--|--|--|--|--|--|
| Monthly Cash 5.50% Preferred Shareholder Distribution | Record Date       | Payment Date     | Monthly Amount ($ per share), before pro ration for partial periods |
| March 2022                                            | 3/23/2022 | 4/1/2022 | $0.114583                                                           |
| April 2022                                            | 4/20/2022 | 5/2/2022 | $0.114583                                                           |
| May 2022                                              | 5/18/2022 | 6/1/2022 | $0.114583                                                           |

|                                                         |                   |                  |                      |  |  |  |  |  |  |  |  |
|---------------------------------------------------------|-------------------|------------------|----------------------|--|--|--|--|--|--|--|--|
| Quarterly Cash 5.35% Preferred Shareholder Distribution | Record Date       | Payment Date     | Amount ($ per share) |
| February 2022 - April 2022                              | 4/20/2022 | 5/2/2022 | $0.334375            |

|                                              |                   |                   |                      |  |  |  |  |  |  |  |  |
|----------------------------------------------|-------------------|-------------------|----------------------|--|--|--|--|--|--|--|--|
| Monthly Cash Common Shareholder Distribution | Record Date       | Payment Date      | Amount ($ per share) |
| February 2022                                | 2/24/2022 | 3/22/2022 | $0.0600              |
| March 2022                                   | 3/29/2022 | 4/20/2022 | $0.0600              |
| April 2022                                   | 4/27/2022 | 5/19/2022 | $0.0600              |

----

----

----

----

|                                           |                   |                 |               |                |                 |                 |                 |            |                |                 |   |                 |                 |                 |             |            |                 |                 |            |             |   |  |  |  |  |  |  |  |  |
|-------------------------------------------|-------------------|-----------------|---------------|----------------|-----------------|-----------------|-----------------|------------|----------------|-----------------|---|-----------------|-----------------|-----------------|-------------|------------|-----------------|-----------------|------------|-------------|---|--|--|--|--|--|--|--|--|
|                                           | December 31, 2021 |                 | June 30, 2021 |
| Level of Control                          | Cost              | % of Portfolio  | Fair Value    | % of Portfolio |                 | Cost            | % of Portfolio  | Fair Value | % of Portfolio |
| Control Investments                       | 2,364,241    |                 | 36.1     | %              | $               | 3,057,923  |                 | 43.7  | %              |                 | $ | 2,482,431  |                 | 41.0       | %           | $          | 2,919,717  |                 | 47.1  | %           |
| Affiliate Investments                     | 238,537      |                 | 3.6      | %              | 429,954    |                 | 6.1        | %          |                | 202,943    |   | 3.3        | %               | 356,734    |             | 5.8   | %               |
| Non-Control/Non-Affiliate Investments | 3,938,560    |                 | 60.3     | %              | 3,514,969  |                 | 50.2       | %          |                | 3,372,750  |   | 55.7       | %               | 2,925,327  |             | 47.1  | %               |
| Total Investments                         | $                 | 6,541,338  |               | 100.0     | %               | $               | 7,002,846  |            | 100.0     | %               |   | $               | 6,058,124  |                 | 100.0  | %          | $               | 6,201,778  |            | 100.0  | % |

|                               |                   |                 |               |                |                 |      |                 |            |                |                 |  |               |                 |                 |             |            |   |                 |  |             |   |  |  |  |  |  |  |  |  |
|-------------------------------|-------------------|-----------------|---------------|----------------|-----------------|------|-----------------|------------|----------------|-----------------|--|---------------|-----------------|-----------------|-------------|------------|---|-----------------|--|-------------|---|--|--|--|--|--|--|--|--|
|                               | December 31, 2021 |                 | June 30, 2021 |
| Type of Investment            | Cost              | % of Portfolio  | Fair Value    | % of Portfolio |                 | Cost | % of Portfolio  | Fair Value | % of Portfolio |
| Revolving Line of Credit      | $                 | 37,260     |               | 0.6       | %               | $    | 37,252     |            | 0.5       | %               |  | $             | 27,522     |                 | 0.5    | %          | $ | 27,503     |  | 0.4    | % |
| Senior Secured Debt           | 3,283,057    |                 | 50.2     | %              | 3,232,137  |      | 46.2       | %          |                | 3,166,861  |  | 52.2     | %               | 3,128,845  |             | 50.5  | % |
| Subordinated Secured Debt     | 1,459,195    |                 | 22.3     | %              | 1,365,465  |      | 19.5       | %          |                | 1,069,767  |  | 17.7     | %               | 981,425    |             | 15.8  | % |
| Subordinated Unsecured Debt   | 7,200        |                 | 0.1      | %              | 5,824      |      | 0.1        | %          |                | 7,200      |  | 0.1      | %               | 3,715      |             | 0.1   | % |
| Subordinated Structured Notes | 1,050,779    |                 | 16.0     | %              | 744,458    |      | 10.6       | %          |                | 1,090,175  |  | 18.0     | %               | 756,109    |             | 12.2  | % |
| Preferred Stock               | 312,759      |                 | 4.8      | %              | 17,879     |      | 0.3        | %          |                | 308,713    |  | 5.1      | %               | 23,056     |             | 0.4   | % |
| Common Stock                  | 210,862      |                 | 3.2      | %              | 1,168,673  |      | 16.7       | %          |                | 207,661    |  | 3.4      | %               | 894,819    |             | 14.4  | % |
| Membership Interest           | 180,226      |                 | 2.8      | %              | 378,906    |      | 5.4        | %          |                | 180,225    |  | 3.0      | %               | 349,942    |             | 5.6   | % |
| Participating Interest(1)     | —      |                 | —  | %              | 52,252     |      | 0.7        | %          |                | —    |  | —  | %               | 36,364     |             | 0.6   | % |
|                               |                   |                 |               |                |                 |      |                 |            |                |
| Total Investments             | $                 | 6,541,338  |               | 100.0     | %               | $    | 7,002,846  |            | 100.0     | %               |  | $             | 6,058,124  |                 | 100.0  | %          | $ | 6,201,778  |  | 100.0  | % |
|                               |                   |                 |               |                |                 |      |                 |            |                |
|                               |                   |                 |               |                |                 |      |                 |            |                |

----

|                                    |                   |                 |               |                |                 |      |                 |            |                |                 |  |            |                 |               |             |            |   |                 |  |             |   |  |  |  |  |  |  |  |  |
|------------------------------------|-------------------|-----------------|---------------|----------------|-----------------|------|-----------------|------------|----------------|-----------------|--|------------|-----------------|---------------|-------------|------------|---|-----------------|--|-------------|---|--|--|--|--|--|--|--|--|
|                                    | December 31, 2021 |                 | June 30, 2021 |
| Type of Investment                 | Cost              | % of Portfolio  | Fair Value    | % of Portfolio |                 | Cost | % of Portfolio  | Fair Value | % of Portfolio |
| First Lien                         | $                 | 3,320,317  |               | 56.9      | %               | $    | 3,269,389  |            | 60.7      | %               |  | $          | 3,194,383  |               | 59.7   | %          | $ | 3,156,348  |  | 64.4   | % |
| 1.5 Lien                           | —      |                 | —  | %              | —    |      | —    | %          |                | 18,164     |  | 0.3   | %               | 18,164   |             | 0.4   | % |
| Second Lien                        | 1,455,265    |                 | 24.9     | %              | 1,361,535  |      | 25.3       | %          |                | 1,047,653  |  | 19.5  | %               | 959,311  |             | 19.6  | % |
| Third Lien                         | 3,930        |                 | 0.1      | %              | 3,930      |      | 0.1        | %          |                | 3,950      |  | 0.1   | %               | 3,950    |             | 0.1   | % |
| Unsecured                          | 7,200        |                 | 0.1      | %              | 5,824      |      | 0.1        | %          |                | 7,200      |  | 0.1   | %               | 3,715    |             | 0.1   | % |
| Subordinated Structured Notes      | 1,050,779    |                 | 18.0     | %              | 744,458    |      | 13.8       | %          |                | 1,090,175  |  | 20.3  | %               | 756,109  |             | 15.4  | % |
| Total Interest Bearing Investments | $                 | 5,837,491  |               | 100.0     | %               | $    | 5,385,136  |            | 100.0     | %               |  | $          | 5,361,525  |               | 100.0  | %          | $ | 4,897,597  |  | 100.0  | % |

----

|                                                |                   |                 |               |                |                 |      |                 |            |                |               |  |               |                 |                 |             |               |   |                 |  |             |   |  |  |  |  |  |  |  |  |  |
|------------------------------------------------|-------------------|-----------------|---------------|----------------|-----------------|------|-----------------|------------|----------------|---------------|--|---------------|-----------------|-----------------|-------------|---------------|---|-----------------|--|-------------|---|--|--|--|--|--|--|--|--|--|
|                                                | December 31, 2021 |                 | June 30, 2021 |                |
| Industry                                       | Cost              | % of Portfolio  | Fair Value    | % of Portfolio |                 | Cost | % of Portfolio  | Fair Value | % of Portfolio |               |
| Aerospace & Defense                        | $                 | 103,248    |               | 1.6       | %               | $    | 80,005     |            | 1.1       | %             |  | $             | 98,144     |                 | 1.6    | %             | $ | 84,240     |  | 1.4    | % |  |
| Air Freight & Logistics                    | 95,000       |                 | 1.5      | %              | 95,000     |      | 1.4        | %          |                | 12,500   |  | 0.2      | %               | 12,500     |             | 0.2      | % |                 |
| Auto Components                                | 95,282       |                 | 1.5      | %              | 96,384     |      | 1.4        | %          |                | 75,323   |  | 1.2      | %               | 76,520     |             | 1.2      | % |                 |
| Building Products                              | 35,000       |                 | 0.5      | %              | 35,000     |      | 0.5        | %          |                | —  |  | —  | %               | —    |             | —  | % |                 |
| Capital Markets                                | 42,500       |                 | 0.6      | %              | 42,500     |      | 0.6        | %          |                | —  |  | —  | %               | —    |             | —  | % |                 |
| Chemicals                                      | —      |                 | —  | %              | —    |      | —    | %          |                | 28,745   |  | 0.5      | %               | 28,863     |             | 0.5      | % |                 |
| Commercial Services & Supplies             | 379,357      |                 | 5.8      | %              | 313,395    |      | 4.5        | %          |                | 257,617  |  | 4.3      | %               | 196,117    |             | 3.3      | % |                 |
| Communications Equipment                       | 59,745       |                 | 0.9      | %              | 60,302     |      | 0.9        | %          |                | 59,709   |  | 1.0      | %               | 58,881     |             | 0.9      | % |                 |
| Construction & Engineering                 | 69,935       |                 | 1.1      | %              | 146,517    |      | 2.1        | %          |                | 69,935   |  | 1.2      | %               | 149,695    |             | 2.4      | % |                 |
| Consumer Finance                               | 535,873      |                 | 8.2      | %              | 809,248    |      | 11.6       | %          |                | 531,844  |  | 8.8      | %               | 771,601    |             | 12.4     | % |                 |
| Distributors                                   | 272,834      |                 | 4.2      | %              | 175,208    |      | 2.5        | %          |                | 272,672  |  | 4.5      | %               | 175,768    |             | 2.8      | % |                 |
| Diversified Consumer Services                  | 246,807      |                 | 3.8      | %              | 402,341    |      | 5.7        | %          |                | 211,193  |  | 3.5      | %               | 339,633    |             | 5.5      | % |                 |
| Diversified Financial Services                 | 30,165       |                 | 0.5      | %              | 30,165     |      | 0.4        | %          |                | 30,165   |  | 0.5      | %               | 30,165     |             | 0.5      | % |                 |
| Diversified Telecommunication Services         | 72,537       |                 | 1.1      | %              | 73,975     |      | 1.1        | %          |                | 66,333   |  | 1.1      | %               | 67,448     |             | 1.1      | % |                 |
| Energy Equipment & Services                | 280,171      |                 | 4.3      | %              | 87,605     |      | 1.3        | %          |                | 277,227  |  | 4.6      | %               | 83,204     |             | 1.3      | % |                 |
| Entertainment                                  | 30,095       |                 | 0.5      | %              | 30,350     |      | 0.4        | %          |                | 40,585   |  | 0.7      | %               | 40,928     |             | 0.7      | % |                 |
| Equity Real Estate Investment Trusts (REITs)   | 473,985      |                 | 7.2      | %              | 1,108,598  |      | 15.8       | %          |                | 656,911  |  | 10.8     | %               | 1,092,955  |             | 17.7     | % |                 |
| Food Products                                  | 131,400      |                 | 2.0      | %              | 131,948    |      | 1.9        | %          |                | 61,409   |  | 1.0      | %               | 61,948     |             | 1.0      | % |                 |
| Health Care Equipment & Supplies           | 7,481        |                 | 0.1      | %              | 7,037      |      | 0.1        | %          |                | 7,478    |  | 0.1      | %               | 6,721      |             | 0.1      | % |                 |
| Health Care Providers & Services           | 673,169      |                 | 10.3     | %              | 823,165    |      | 11.8       | %          |                | 583,369  |  | 9.6      | %               | 714,107    |             | 11.5     | % |                 |
| Health Care Technology                         | 65,000       |                 | 1.0      | %              | 65,000     |      | 0.9        | %          |                | —  |  | —  | %               | —    |             | —  | % |                 |
| Hotels, Restaurants & Leisure              | 24,045       |                 | 0.4      | %              | 23,652     |      | 0.3        | %          |                | 24,502   |  | 0.4      | %               | 23,624     |             | 0.4      | % |                 |
| Household Durables                             | 35,680       |                 | 0.5      | %              | 38,489     |      | 0.5        | %          |                | 12,913   |  | 0.2      | %               | 15,403     |             | 0.2      | % |                 |
| Household Products                             | 21,061       |                 | 0.3      | %              | 21,061     |      | 0.3        | %          |                | 21,186   |  | 0.3      | %               | 21,186     |             | 0.3      | % |                 |
| Insurance                                      | 21,939       |                 | 0.3      | %              | 22,280     |      | 0.3        | %          |                | 21,911   |  | 0.4      | %               | 22,280     |             | 0.4      | % |                 |
| Interactive Media & Services               | 249,831      |                 | 3.8      | %              | 249,831    |      | 3.6        | %          |                | 180,127  |  | 3.0      | %               | 180,127    |             | 2.9      | % |                 |
| Internet & Direct Marketing Retail         | 59,892       |                 | 0.9      | %              | 59,949     |      | 0.9        | %          |                | 54,677   |  | 0.9      | %               | 56,114     |             | 0.9      | % |                 |
| IT Services                                    | 278,009      |                 | 4.3      | %              | 278,312    |      | 4.0        | %          |                | 260,899  |  | 4.3      | %               | 261,718    |             | 4.3      | % |                 |
| Leisure Products                               | 31,634       |                 | 0.5      | %              | 31,469     |      | 0.4        | %          |                | 20,242   |  | 0.3      | %               | 20,287     |             | 0.3      | % |                 |
| Machinery                                      | 102,128      |                 | 1.6      | %              | 118,755    |      | 1.7        | %          |                | 97,853   |  | 1.6      | %               | 111,682    |             | 1.8      | % |                 |
| Media                                          | 101,614      |                 | 1.6      | %              | 135,255    |      | 1.9        | %          |                | 105,958  |  | 1.7      | %               | 107,819    |             | 1.7      | % |                 |
| Online Lending                                 | 6,600        |                 | 0.1      | %              | 6,600      |      | 0.1        | %          |                | 6,600    |  | 0.1      | %               | 6,600      |             | 0.1      | % |                 |
| Paper & Forest Products                    | 15,885       |                 | 0.2      | %              | 15,203     |      | 0.2        | %          |                | 15,847   |  | 0.3      | %               | 15,815     |             | 0.3      | % |                 |
| Personal Products                              | 257,914      |                 | 3.9      | %              | 64,851     |      | 0.9        | %          |                | 249,245  |  | 4.1      | %               | 71,097     |             | 1.1      | % |                 |
| Professional Services                          | 112,019      |                 | 1.7      | %              | 111,692    |      | 1.6        | %          |                | 132,015  |  | 2.2      | %               | 132,058    |             | 2.1      | % |                 |
|                                                |                   |                 |               |                |                 |      |                 |            |                |               |
| Software                                       | 52,267       |                 | 0.8      | %              | 52,500     |      | 0.7        | %          |                | 22,240   |  | 0.4      | %               | 22,500     |             | 0.4      | % |                 |
| Technology Hardware, Storage & Peripherals | 12,439       |                 | 0.2      | %              | 12,500     |      | 0.2        | %          |                | 12,431   |  | 0.2      | %               | 12,500     |             | 0.2      | % |                 |
| Textiles, Apparel & Luxury Goods           | 234,186      |                 | 3.6      | %              | 266,290    |      | 3.8        | %          |                | 202,312  |  | 3.3      | %               | 225,359    |             | 3.6      | % |                 |
| Trading Companies & Distributors           | 65,232       |                 | 1.0      | %              | 27,356     |      | 0.4        | %          |                | 65,248   |  | 1.1      | %               | 27,106     |             | 0.4      | % |                 |
| Transportation Infrastructure                  | —      |                 | —  | %              | —    |      | —    | %          |                | 30,384   |  | 0.5      | %               | 30,900     |             | 0.5      | % |                 |
| Subtotal                                       | $                 | 5,381,959  |               | 82.4      | %               | $    | 6,149,788  |            | 87.8      | %             |  | $             | 4,877,749  |                 | 80.5   | %             | $ | 5,355,469  |  | 86.4   | % |  |
| Structured Finance(1)                          | $                 | 1,159,379  |               | 17.6      | %               | $    | 853,058    |            | 12.2      | %             |  | $             | 1,180,375  |                 | 19.5   | %             | $ | 846,309    |  | 13.6   | % |  |
| Total Investments                              | $                 | 6,541,338  |               | 100.0     | %               | $    | 7,002,846  |            | 100.0     | %             |  | $             | 6,058,124  |                 | 100.0  | %             | $ | 6,201,778  |  | 100.0  | % |  |

----

|                                                                                  |                               |                 |      |               |   |               |  |  |  |  |  |
|----------------------------------------------------------------------------------|-------------------------------|-----------------|------|---------------|---|---------------|--|--|--|--|--|
|                                                                             | Six months ended December 31, |
|                                                                                  | 2021                          |                 | 2020 |
| Investments made in new portfolio companies                                      | $                             | 810,424    |      |               | $ | 282,515  |  |
| Follow-on investments made in existing portfolio companies (1)                   | 425,905                  |                 |      | 200,380  |   |
| Revolver advances                                                                | 9,000                    |                 |      | 2,000    |   |
| PIK interest                                                                     | 34,712                   |                 |      | 37,824   |   |
| Total acquisitions                                                               | $                             | 1,280,041  |      |               | $ | 522,719  |  |
|                                                                                  |                               |                 |      |
| Acquisitions by portfolio composition                                            |                               |                 |      |
| 1st Lien Term Loan                                                               | $                             | 541,452    |      |               | $ | 355,892  |  |
| Subordinated Secured Debt                                                        | 721,825                  |                 |      | 138,014  |   |
| Subordinated Structured Notes                                                    | 9,518                    |                 |      | —  |   |
| Subordinated Unsecured Debt                                                      | —                  |                 |      | 2,620    |   |
| Equity                                                                           | 7,246                    |                 |      | 26,193   |   |
| Total acquisitions by portfolio composition                                      | $                             | 1,280,041  |      |               | $ | 522,719  |  |
|                                                                                  |                               |                 |      |
| Investments sold                                                                 | $                             | —    |      |               | $ | —  |  |
| Partial repayments (2)                                                           | 319,467                  |                 |      | 95,199   |   |
| Full repayments                                                                  | 448,509                  |                 |      | 384,937  |   |
| Revolver paydowns                                                                | 84                       |                 |      | 3,284    |   |
| Total dispositions                                                               | $                             | 768,060    |      |               | $ | 483,420  |  |
|                                                                                  |                               |                 |      |
| Dispositions by portfolio composition                                            |                               |                 |      |
| 1st Lien Term Loan                                                               | $                             | 490,177    |      |               | $ | 233,865  |  |
| Subordinated Secured Debt                                                        | 268,477                  |                 |      | 195,656  |   |
| Subordinated Unsecured Debt                                                      | —                  |                 |      | 54,880   |   |
| Subordinated Structured Notes                                                    | 9,406                    |                 |      | —  |   |
| Equity                                                                           | —                  |                 |      | (981)         |   |
| Total dispositions by portfolio composition                                      | $                             | 768,060    |      |               | $ | 483,420  |  |
|                                                                                  |                               |                 |      |
| Weighted average interest rates for new investments by portfolio composition (3) |                               |                 |      |
| 1st Lien Term Loan                                                               | 7.61                     | %               |      | 9.55     | % |
| Subordinated Secured Debt                                                        | 9.30                     | %               |      | 9.38     | % |

----

----

----

|             |  |                               |           |            |             |                     |           |                                 |  |              |  |       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------|--|-------------------------------|-----------|------------|-------------|---------------------|-----------|---------------------------------|--|--------------|--|-------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Loan Type   |  | Outstanding Principal Balance |           | Fair Value |             | Interest Rate Range |           | Weighted Average Interest Rate* |
| Super Prime |  | $                             | 739  |            |             | $                   | 723  |                                 |  | 7.0% - 20.5% |  | 12.3% |
| Prime       |  | 1,317                    |           |            | 1,243  |                     |           | 6.0% - 25.0%                    |  | 18.0%        |
| Near Prime  |  | 1,228                    |           |            | 1,254  |                     |           | 6.0% - 36.0%                    |  | 26.7%        |

|     |  |                                   |  |                      |  |                    |  |                |             |                      |               |   |               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----|--|-----------------------------------|--|----------------------|--|--------------------|--|----------------|-------------|----------------------|---------------|---|---------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| No. |  | Property Name                     |  | City                 |  | Acquisition Date   |  | Purchase Price |             | Mortgage Outstanding |
| 1   |  | Filet of Chicken                  |  | Forest Park, GA      |  | 10/24/2012 |  | $              | 7,400  |                      |               | $ | —  |  |
| 2   |  | Arlington Park Marietta, LLC      |  | Marietta, GA         |  | 5/8/2013   |  | 14,850    |             |                      | 13,495   |   |
| 3   |  | Verandas at Rocky Ridge, LLC      |  | Birmingham, AL       |  | 11/15/2013 |  | 15,600    |             |                      | 18,410   |   |
| 4   |  | Taco Bell, OK                     |  | Yukon, OK            |  | 6/4/2014   |  | 1,719     |             |                      | —  |   |
| 5   |  | Taco Bell, MO                     |  | Marshall, MO         |  | 6/4/2014   |  | 1,405     |             |                      | —  |   |
| 6   |  | Abbie Lakes OH Partners, LLC      |  | Canal Winchester, OH |  | 9/30/2014  |  | 12,600    |             |                      | 15,212   |   |
| 7   |  | Kengary Way OH Partners, LLC      |  | Reynoldsburg, OH     |  | 9/30/2014  |  | 11,500    |             |                      | 15,377   |   |
| 8   |  | Lakeview Trail OH Partners, LLC   |  | Canal Winchester, OH |  | 9/30/2014  |  | 26,500    |             |                      | 29,337   |   |
| 9   |  | Lakepoint OH Partners, LLC        |  | Pickerington, OH     |  | 9/30/2014  |  | 11,000    |             |                      | 16,693   |   |
| 10  |  | Sunbury OH Partners, LLC          |  | Columbus, OH         |  | 9/30/2014  |  | 13,000    |             |                      | 16,926   |   |
| 11  |  | Heatherbridge OH Partners, LLC    |  | Blacklick, OH        |  | 9/30/2014  |  | 18,416    |             |                      | 24,203   |   |
| 12  |  | Jefferson Chase OH Partners, LLC  |  | Blacklick, OH        |  | 9/30/2014  |  | 13,551    |             |                      | 18,831   |   |
| 13  |  | Goldenstrand OH Partners, LLC     |  | Hilliard, OH         |  | 10/29/2014 |  | 7,810     |             |                      | 11,482   |   |
| 14  |  | SSIL I, LLC                       |  | Aurora, IL           |  | 11/5/2015  |  | 34,500    |             |                      | 25,603   |   |
| 15  |  | Vesper Tuscaloosa, LLC            |  | Tuscaloosa, AL       |  | 9/28/2016  |  | 54,500    |             |                      | 42,929   |   |
| 16  |  | Vesper Iowa City, LLC             |  | Iowa City, IA        |  | 9/28/2016  |  | 32,750    |             |                      | 24,759   |   |
| 17  |  | Vesper Corpus Christi, LLC        |  | Corpus Christi, TX   |  | 9/28/2016  |  | 14,250    |             |                      | 10,771   |   |
| 18  |  | Vesper Campus Quarters, LLC       |  | Corpus Christi, TX   |  | 9/28/2016  |  | 18,350    |             |                      | 14,137   |   |
| 19  |  | Vesper College Station, LLC       |  | College Station, TX  |  | 9/28/2016  |  | 41,500    |             |                      | 31,972   |   |
| 20  |  | Vesper Kennesaw, LLC              |  | Kennesaw, GA         |  | 9/28/2016  |  | 57,900    |             |                      | 50,919   |   |
| 21  |  | Vesper Statesboro, LLC            |  | Statesboro, GA       |  | 9/28/2016  |  | 7,500     |             |                      | 7,480    |   |
| 22  |  | Vesper Manhattan KS, LLC          |  | Manhattan, KS        |  | 9/28/2016  |  | 23,250    |             |                      | 14,679   |   |
| 23  |  | 9220 Old Lantern Way, LLC         |  | Laurel, MD           |  | 1/30/2017  |  | 187,250   |             |                      | 153,580  |   |
| 24  |  | 7915 Baymeadows Circle Owner, LLC |  | Jacksonville, FL     |  | 10/31/2017 |  | 95,700    |             |                      | 76,560   |   |
| 25  |  | 8025 Baymeadows Circle Owner, LLC |  | Jacksonville, FL     |  | 10/31/2017 |  | 15,300    |             |                      | 12,240   |   |
| 26  |  | 23275 Riverside Drive Owner, LLC  |  | Southfield, MI       |  | 11/8/2017  |  | 52,000    |             |                      | 54,637   |   |
| 27  |  | 23741 Pond Road Owner, LLC        |  | Southfield, MI       |  | 11/8/2017  |  | 16,500    |             |                      | 18,954   |   |
| 28  |  | 150 Steeplechase Way Owner, LLC   |  | Largo, MD            |  | 1/10/2018  |  | 44,500    |             |                      | 36,668   |   |
| 29  |  | Olentangy Commons Owner LLC       |  | Columbus, OH         |  | 6/1/2018   |  | 113,000   |             |                      | 92,876   |   |

----

|     |  |                                              |  |                      |  |                    |  |                 |  |                      |                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----|--|----------------------------------------------|--|----------------------|--|--------------------|--|-----------------|--|----------------------|-----------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| No. |  | Property Name                                |  | City                 |  | Acquisition Date   |  | Purchase Price  |  | Mortgage Outstanding |
| 30  |  | Villages of Wildwood Holdings LLC            |  | Fairfield, OH        |  | 7/20/2018  |  | 46,500     |  |                      | 39,525     |  |
| 31  |  | Falling Creek Holdings LLC                   |  | Richmond, VA         |  | 8/8/2018   |  | 25,000     |  |                      | 25,374     |  |
| 32  |  | Crown Pointe Passthrough LLC                 |  | Danbury, CT          |  | 8/30/2018  |  | 108,500    |  |                      | 89,400     |  |
| 33  |  | Lorring Owner LLC                            |  | Forestville, MD      |  | 10/30/2018 |  | 58,521     |  |                      | 47,680     |  |
| 34  |  | Hamptons Apartments Owner, LLC               |  | Beachwood, OH        |  | 1/9/2019   |  | 96,500     |  |                      | 79,520     |  |
| 35  |  | 5224 Long Road Holdings, LLC                 |  | Orlando, FL          |  | 6/28/2019  |  | 26,500     |  |                      | 21,200     |  |
| 36  |  | Druid Hills Holdings LLC                     |  | Atlanta, GA          |  | 7/30/2019  |  | 96,000     |  |                      | 79,104     |  |
| 37  |  | Bel Canto NPRC Parcstone LLC                 |  | Fayetteville, NC     |  | 10/15/2019 |  | 45,000     |  |                      | 42,793     |  |
| 38  |  | Bel Canto NPRC Stone Ridge LLC               |  | Fayetteville, NC     |  | 10/15/2019 |  | 21,900     |  |                      | 21,545     |  |
| 39  |  | Sterling Place Holdings LLC                  |  | Columbus, OH         |  | 10/28/2019 |  | 41,500     |  |                      | 34,196     |  |
| 40  |  | SPCP Hampton LLC                             |  | Dallas, TX           |  | 11/2/2020  |  | 36,000     |  |                      | 27,590     |  |
| 41  |  | Palmetto Creek Holdings LLC                  |  | North Charleston, SC |  | 11/10/2020 |  | 33,182     |  |                      | 25,865     |  |
| 42  |  | Valora at Homewood Holdings LLC              |  | Homewood, AL         |  | 11/19/2020 |  | 81,250     |  |                      | 63,844     |  |
| 43  |  | NPRC Fairburn LLC                            |  | Fairburn, GA         |  | 12/14/2020 |  | 52,140     |  |                      | 43,900     |  |
| 44  |  | NPRC Grayson LLC                             |  | Grayson, GA          |  | 12/14/2020 |  | 47,860     |  |                      | 40,500     |  |
| 45  |  | NPRC Taylors LLC                             |  | Taylors, SC          |  | 1/27/2021  |  | 18,762     |  |                      | 14,075     |  |
| 46  |  | Parkside at Laurel West Owner LLC            |  | Spartanburg, SC      |  | 2/26/2021  |  | 57,005     |  |                      | 42,025     |  |
| 47  |  | Willows at North End Owner LLC               |  | Spartanburg, SC      |  | 2/26/2021  |  | 23,255     |  |                      | 19,000     |  |
| 48  |  | SPCP Edge CL Owner LLC                       |  | Webster, TX          |  | 3/12/2021  |  | 34,000     |  |                      | 25,496     |  |
| 49  |  | Jackson Pear Orchard LLC                     |  | Ridgeland, MS        |  | 6/28/2021  |  | 50,900     |  |                      | 38,175     |  |
| 50  |  | Jackson Lakeshore Landing LLC                |  | Ridgeland, MS        |  | 6/28/2021  |  | 22,600     |  |                      | 16,950     |  |
| 51  |  | Jackson Reflection Pointe LLC                |  | Flowood, MS          |  | 6/28/2021  |  | 45,100     |  |                      | 31,050     |  |
| 52  |  | Jackson Crosswinds LLC                       |  | Pearl, MS            |  | 6/28/2021  |  | 41,400     |  |                      | 33,825     |  |
| 53  |  | Elliot Apartments Norcross, LLC              |  | Norcross, GA         |  | 11/30/2021 |  | 128,000    |  |                      | 98,800     |  |
| 54  |  | Orlando 442 Owner, LLC (West Vue Apartments) |  | Orlando, FL          |  | 12/30/2021 |  | 97,500     |  |                      | 73,000     |  |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  |                 |  |                      |
|     |  |                                              |  |                      |  |                    |  | 2,298,976  |  |                      | 1,923,162  |  |

----

|                                   |                       |                 |                                                |             |                    |                 |               |                 |                         |               |   |                 |  |            |               |     |  |           |     |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------|-----------------------|-----------------|------------------------------------------------|-------------|--------------------|-----------------|---------------|-----------------|-------------------------|---------------|---|-----------------|--|------------|---------------|-----|--|-----------|-----|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                              | Principal Outstanding |                 | Unamortized Discount & Debt Issuance Costs |             | Net Carrying Value |                 | Fair Value(1) |                 | Effective Interest Rate |               |
| Revolving Credit Facility(2)      | $                     | 472,608    |                                                |             | $                  | 9,869      |               |                 | $                       | 472,608  |   | (3)             |  | $          | 472,608  |     |  | 1ML+2.05% | (6) |  |
|                                   |                       |                 |                                                |             |                    |                 |               |                 |                         |               |
| 2022 Notes                        | 60,501           |                 |                                                | 222    |                    |                 | 60,279   |                 |                         | 61,557   |   | (4)             |  | 5.64  | %             | (7) |  |
| 2025 Notes                        | 156,168          |                 |                                                | 2,884  |                    |                 | 153,284  |                 |                         | 171,785  |   | (4)             |  | 6.63  | %             | (7) |  |
| Convertible Notes                 | 216,669          |                 |                                                |             |                    | 213,563    |               |                 | 233,342            |               |   |                 |  |
|                                   |                       |                 |                                                |             |                    |                 |               |                 |                         |               |
| 6.375% 2024 Notes                 | 81,240           |                 |                                                | 382    |                    |                 | 80,858   |                 |                         | 87,785   |   | (4)             |  | 6.57  | %             | (7) |  |
| 2023 Notes                        | 284,219          |                 |                                                | 1,004  |                    |                 | 283,215  |                 |                         | 297,691  |   | (4)             |  | 6.07  | %             | (7) |  |
| 2026 Notes                        | 400,000          |                 |                                                | 8,055  |                    |                 | 391,945  |                 |                         | 407,100  |   | (4)             |  | 3.99  | %             | (7) |  |
| 3.364% 2026 Notes                 | 300,000          |                 |                                                | 6,656  |                    |                 | 293,344  |                 |                         | 299,190  |   | (4)             |  | 3.60  | %             | (7) |  |
| 3.437% 2028 Notes                 | 300,000          |                 |                                                | 8,745  |                    |                 | 291,255  |                 |                         | 288,537  |   | (4)             |  | 3.63  | %             | (7) |  |
| Public Notes                      | 1,365,459        |                 |                                                |             |                    | 1,340,617  |               |                 | 1,380,303          |               |   |                 |  |
|                                   |                       |                 |                                                |             |                    |                 |               |                 |                         |               |
| Prospect Capital InterNotes® | 340,537          |                 |                                                | 7,667  |                    |                 | 332,870  |                 |                         | 383,193  |   | (5)             |  | 5.94  | %             | (8) |  |
| Total                             | $                     | 2,395,273  |                                                |             |                    |                 | $             | 2,359,658  |                         |               | $ | 2,469,446  |  |            |               |     |

----

|                                   |                                       |                 |                            |               |                                  |               |                                  |  |                    |               |  |  |               |                 |  |  |   |               |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------|---------------------------------------|-----------------|----------------------------|---------------|----------------------------------|---------------|----------------------------------|--|--------------------|---------------|--|--|---------------|-----------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|--|--|
|                              | Payments Due by Period |
|                              | Total                                 |                 | Less than 1 Year |               | 1 – 3 Years |               | 3 – 5 Years |  | After 5 Years |
| Revolving Credit Facility         | $                                     | 472,608    |                            |               | $                                | —  |                                  |  | $                  | —  |  |  | $             | 472,608    |  |  | $ | —  |  |
| Convertible Notes                 | 216,669                          |                 |                            | 60,501   |                                  |               | —                     |  |                    | 156,168  |  |  | —  |                 |
| Public Notes                      | 1,365,459                        |                 |                            | —  |                                  |               | 365,459                     |  |                    | 700,000  |  |  | 300,000  |                 |
| Prospect Capital InterNotes® | 340,537                          |                 |                            | —  |                                  |               | 662                         |  |                    | 62,537   |  |  | 277,338  |                 |
| Total Contractual Obligations     | $                                     | 2,395,273  |                            |               | $                                | 60,501   |                                  |  | $                  | 366,121  |  |  | $             | 1,391,313  |  |  | $ | 577,338  |  |

|                                   |                                       |                 |                            |               |                                  |               |                                  |  |                    |               |  |  |               |               |  |  |   |               |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------|---------------------------------------|-----------------|----------------------------|---------------|----------------------------------|---------------|----------------------------------|--|--------------------|---------------|--|--|---------------|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|--|--|
|                              | Payments Due by Period |
|                              | Total                                 |                 | Less than 1 Year |               | 1 – 3 Years |               | 3 – 5 Years |  | After 5 Years |
| Revolving Credit Facility         | $                                     | 356,937    |                            |               | $                                | —  |                                  |  | $                  | —  |  |  | $             | 356,937  |  |  | $ | —  |  |
| Convertible Notes                 | 267,223                          |                 |                            | —  |                                  |               | 111,055                     |  |                    | 156,168  |  |  | —  |               |
| Public Notes                      | 1,134,778                        |                 |                            | —  |                                  |               | 365,608                     |  |                    | 400,000  |  |  | 369,170  |               |
| Prospect Capital InterNotes® | 508,711                          |                 |                            | —  |                                  |               | 11,744                      |  |                    | 51,822   |  |  | 445,145  |               |
| Total Contractual Obligations     | $                                     | 2,267,649  |                            |               | $                                | —  |                                  |  | $                  | 488,407  |  |  | $             | 964,927  |  |  | $ | 814,315  |  |

----

|                              |                                 |  |                               |  |          |  |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------|---------------------------------|--|-------------------------------|--|----------|--|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                              | Three Months Ended December 31, |  | Six Months Ended December 31, |
|                              | 2021                            |  | 2020                          |  | 2021     |  | 2020     |
| Average stated interest rate | 2.14%                           |  | 2.35%                         |  | 2.13%    |  | 2.36%    |
| Average outstanding balance  | $468,063                        |  | $379,027                      |  | $452,422 |  | $378,070 |

----

----

|                                             |  |  |                   |                |                  |                |   |                |  |  |  |  |  |  |  |
|---------------------------------------------|--|--|-------------------|----------------|------------------|----------------|---|----------------|--|--|--|--|--|--|--|
|                                        |  |  | 2022 Notes        |                | 2025 Notes       |
| Initial conversion rate(1)                  |  |  | 100.2305     |                |                  | 110.7420  |   |
| Initial conversion price                    |  |  | $                 | 9.98      |                  |                | $ | 9.03      |  |
| Conversion rate at December 31, 2021(1)(2)  |  |  | 100.2305     |                |                  | 110.7420  |   |
| Conversion price at December 31, 2021(2)(3) |  |  | $                 | 9.98      |                  |                | $ | 9.03      |  |
| Last conversion price calculation date      |  |  | 4/11/2021 |                | 3/1/2021 |
| Dividend threshold amount (per share)(4)    |  |  | $                 | 0.083330  |                  |                | $ | 0.060000  |  |

----

----

----

----

----

|                               |  |                 |               |                    |                     |                              |       |                     |                                         |                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------|--|-----------------|---------------|--------------------|---------------------|------------------------------|-------|---------------------|-----------------------------------------|-----------------------------------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Tenor atOrigination(in years) |  | PrincipalAmount |               | Interest RateRange |                     | WeightedAverageInterest Rate |       | Maturity Date Range |
| 5                             |  | $               | 32,244   |                    |                     | 2.25% – 3.25%          |       | 2.63%               |                                         | July 15, 2026 – December 15, 2026 |
| 7                             |  | 20,018     |               |                    | 2.75% – 3.50% |                              | 2.99% |                     | July 15, 2028 – December 15, 2028 |
| 10                            |  | 20,045     |               |                    | 3.15% – 3.75% |                              | 3.30% |                     | July 15, 2031 – December 15, 2031 |
| 12                            |  | 2,422      |               |                    | 3.70%               |                              | 3.70% |                     | July 15, 2033                           |
| 15                            |  | 14,098     |               |                    | 3.50% – 4.00% |                              | 3.80% |                     | July 15, 2036 – December 15, 2036 |
| 30                            |  | 31,495     |               |                    | 4.00% – 4.25% |                              | 4.01% |                     | July 15, 2051 – December 15, 2051 |
|                               |  | $               | 120,322  |                    |                     |                              |       |                     |                                         |                                         |

|                               |  |                 |              |                    |                     |                              |       |                     |                                         |                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------|--|-----------------|--------------|--------------------|---------------------|------------------------------|-------|---------------------|-----------------------------------------|-----------------------------------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Tenor atOrigination(in years) |  | PrincipalAmount |              | Interest RateRange |                     | WeightedAverageInterest Rate |       | Maturity Date Range |
| 5                             |  | $               | 49,426  |                    |                     | 4.25% – 5.50%          |       | 4.99%               |                                         | July 15, 2025 – December 15, 2025 |
| 7                             |  | 13,064     |              |                    | 4.50% – 5.75% |                              | 5.18% |                     | July 15, 2027 – December 15, 2027 |
| 10                            |  | 18,977     |              |                    | 4.75% – 6.00% |                              | 5.40% |                     | July 15, 2030 – December 15, 2030 |
|                               |  | $               | 81,467  |                    |                     |                              |       |                     |                                         |                                         |

|                               |  |                 |               |                    |                     |                              |       |                     |                                              |                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------|--|-----------------|---------------|--------------------|---------------------|------------------------------|-------|---------------------|----------------------------------------------|------------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Tenor atOrigination(in years) |  | PrincipalAmount |               | Interest RateRange |                     | WeightedAverageInterest Rate |       | Maturity Date Range |
| 3                             |  | $               | 662      |                    |                     | 1.50%                        |       | 1.50%               |                                              | January 15, 2024 |
| 5                             |  | 62,537     |               |                    | 2.25% – 3.25% |                              | 2.81% |                     | January 15, 2026 – December 15, 2026   |
| 6                             |  | 15,107     |               |                    | 3.00%               |                              | 3.00% |                     | June 15, 2027 – July 15, 2027          |
| 7                             |  | 28,341     |               |                    | 2.75% – 4.00% |                              | 3.15% |                     | January 15, 2028 – December 15, 2028   |
| 8                             |  | 3,511      |               |                    | 3.40% – 3.50% |                              | 3.45% |                     | June 15, 2029 – July 15, 2029          |
| 10                            |  | 74,926     |               |                    | 3.15% – 4.50% |                              | 3.84% |                     | August 15, 2029 – December 15, 2031    |
| 12                            |  | 15,066     |               |                    | 3.70% – 4.00% |                              | 3.95% |                     | June 15, 2033 – July 15, 2033          |
| 15                            |  | 14,978     |               |                    | 3.50% – 6.00% |                              | 3.93% |                     | August 15, 2028 – December 15, 2036    |
| 18                            |  | 6,509      |               |                    | 4.50% – 6.25% |                              | 5.50% |                     | January 15, 2031 – August 15, 2031     |
| 20                            |  | 2,482      |               |                    | 5.75% – 6.00% |                              | 5.84% |                     | November 15, 2032 – September 15, 2033 |
| 25                            |  | 21,611     |               |                    | 6.25% – 6.50% |                              | 6.41% |                     | August 15, 2038 – May 15, 2039         |
| 30                            |  | 94,807     |               |                    | 4.00% – 6.75% |                              | 5.52% |                     | November 15, 2042 – December 15, 2051  |
|                          |  | $               | 340,537  |                    |                     |                         |       |                |                                              |             |

----

|                               |  |                 |               |                    |                     |                              |       |                     |                                            |                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------|--|-----------------|---------------|--------------------|---------------------|------------------------------|-------|---------------------|--------------------------------------------|------------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Tenor atOrigination(in years) |  | PrincipalAmount |               | Interest RateRange |                     | WeightedAverageInterest Rate |       | Maturity Date Range |
| 3                             |  | $               | 662      |                    |                     | 1.50%                        |       | 1.50%               |                                            | January 15, 2024 |
| 5                             |  | 46,968     |               |                    | 3.00% – 4.25% |                              | 3.28% |                     | August 15, 2024 – May 15, 2026       |
| 6                             |  | 15,107     |               |                    | 3.00%               |                              | 3.00% |                     | June 15, 2027 – July 15, 2027        |
| 7                             |  | 59,729     |               |                    | 3.25% – 5.75% |                              | 4.31% |                     | July 15, 2024 – May 15, 2028         |
| 8                             |  | 3,511      |               |                    | 3.40% – 3.50% |                              | 3.45% |                     | June 15, 2029 – July 15, 2029        |
| 10                            |  | 201,285    |               |                    | 3.50% – 6.25% |                              | 5.09% |                     | January 15, 2024 – July 15, 2031     |
| 12                            |  | 14,432     |               |                    | 4.00% – 6.00% |                              | 4.25% |                     | November 15, 2025 – July 15, 2033    |
| 15                            |  | 16,801     |               |                    | 5.75% – 6.00% |                              | 5.79% |                     | May 15, 2028 – November 15, 2028     |
| 18                            |  | 18,487     |               |                    | 4.50% – 6.25% |                              | 5.59% |                     | December 15, 2030 – August 15, 2031  |
| 20                            |  | 3,777      |               |                    | 5.75% – 6.00% |                              | 5.89% |                     | November 15, 2032 – October 15, 2033 |
| 25                            |  | 30,344     |               |                    | 6.25% – 6.50% |                              | 6.39% |                     | August 15, 2038 – May 15, 2039       |
| 30                            |  | 97,608     |               |                    | 5.50% – 6.75% |                              | 6.25% |                     | November 15, 2042 – October 15, 2043 |
|                               |  | $               | 508,711  |                    |                     |                              |       |                     |                                            |                  |

|                                               |  |                   |                 |               |                   |   |                 |  |  |  |  |  |  |  |
|-----------------------------------------------|--|-------------------|-----------------|---------------|-------------------|---|-----------------|--|--|--|--|--|--|--|
|                                          |  | December 31, 2021 |                 | June 30, 2021 |
| Net assets                                    |  | $                 | 4,140,128  |               |                   | $ | 3,945,517  |  |
| Less: Preferred Stock                     |  | —      |                 |               | (137,040)         |   |
| Net assets available to common stockholders   |  | $                 | 4,140,128  |               |                   | $ | 3,808,477  |  |
| Shares of common stock issued and outstanding |  | 390,584,255  |                 |               | 388,419,573  |   |
| Net asset value per common share              |  | $                 | 10.60      |               |                   | $ | 9.81       |  |

----

|                                                                                        |                                 |                               |      |               |   |               |  |   |               |  |  |   |               |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------------------|---------------------------------|-------------------------------|------|---------------|---|---------------|--|---|---------------|--|--|---|---------------|--|--|--|--|--|--|--|
|                                                                                        | Three Months Ended December 31, | Six Months Ended December 31, |
|                                                                                        | 2021                            |                               | 2020 | 2021          |   | 2020          |
| Investment income                                                                      | $                               | 175,376                  |      |               | $ | 172,292  |  | $ | 344,850  |  |  | $ | 315,172  |  |
| Operating expenses                                                                     | 89,819                     |                               |      | 90,731   |   | 177,924  |  |   | 176,066  |  |
| Net investment income                                                                  | 85,557                     |                               |      | 81,561   |   | 166,926  |  |   | 139,106  |  |
| Net realized (losses) gains from investments                                           | (9,227)                         |                               |      | 3,727    |   | (9,828)       |  |   | 6,570    |  |
| Net change in unrealized gains from investments                                        | 181,134                    |                               |      | 225,773  |   | 317,854  |  |   | 333,617  |  |
| Net realized losses on extinguishment of debt                                          | (3,851)                         |                               |      | (5,094)       |   | (9,208)       |  |   | (5,580)       |  |
| Net increase in net assets resulting from operations                                   | 253,613                    |                               |      | 305,967  |   | 465,744  |  |   | 473,713  |  |
| Preferred stock dividend                                                               | 7,202                      |                               |      | 46       |   | 9,609    |  |   | 46       |  |
| Net Increase in Net Assets Resulting from Operations applicable to Common Stockholders | $                               | 246,411                  |      |               | $ | 305,921  |  | $ | 456,135  |  |  | $ | 473,667  |  |

----

|                                                                                     |                                 |                 |                               |              |      |                 |              |   |   |                 |   |  |   |                 |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------------------------|---------------------------------|-----------------|-------------------------------|--------------|------|-----------------|--------------|---|---|-----------------|---|--|---|-----------------|--|--|--|--|--|--|--|--|--|
|                                                                                | Three Months Ended December 31, |                 | Six Months Ended December 31, |
|                                                                                | 2021                            |                 | 2020                          |              | 2021 |                 | 2020         |
| Interest income                                                                     | $                               | 142,173    |                               |              | $    | 144,787    |              |   | $ | 288,444    |   |  | $ | 277,026    |  |
| Dividend income                                                                     | 5,704                      |                 |                               | 2,280   |      |                 | 6,971   |   |   | 2,305      |   |
| Other income                                                                        | 27,499                     |                 |                               | 25,225  |      |                 | 49,435  |   |   | 35,841     |   |
| Total investment income                                                             | $                               | 175,376    |                               |              | $    | 172,292    |              |   | $ | 344,850    |   |  | $ | 315,172    |  |
|                                                                                     |                                 |                 |                               |              |      |                 |              |
| Average debt principal of performing interest bearing investments(1)                | $                               | 6,014,947  |                               |              | $    | 5,419,248  |              |   | $ | 5,896,373  |   |  | $ | 5,407,558  |  |
| Weighted average interest rate earned on performing interest bearing investments(1) | 9.25                       | %               |                               | 10.45   | %    |                 | 9.57    | % |   | 10.02      | % |
| Average debt principal of all interest bearing investments(2)                       | $                               | 6,298,175  |                               |              | $    | 5,752,850  |              |   | $ | 6,177,381  |   |  | $ | 5,789,367  |  |
| Weighted average interest rate earned on all interest bearing investments(2)        | 8.83                       | %               |                               | 9.85    | %    |                 | 9.14    | % |   | 9.36       | % |

|                               |                                 |             |                               |               |      |               |             |  |   |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|-------------------------------|---------------------------------|-------------|-------------------------------|---------------|------|---------------|-------------|--|---|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                          | Three Months Ended December 31, |             | Six Months Ended December 31, |
|                          | 2021                            |             | 2020                          |               | 2021 |               | 2020        |
| Dividend income               |                                 |             |                               |               |      |               |             |
|                               |                                 |             |                               |               |      |               |             |
| NMMB, Inc.                    | $                               | 3,046  |                               |               | $    | —  |             |  | $ | 3,046    |  |  | $ | —  |  |
| Valley Electric Company, Inc. | 1,700                      |             |                               | 2,261    |      |               | 1,700  |  |   | 2,261    |  |
| Nationwide Loan Company LLC   | 500                        |             |                               | —  |      |               | 1,750  |  |   | —  |  |
|                               |                                 |             |                               |               |      |               |             |
| R-V Industries, Inc.          | 441                        |             |                               | —  |      |               | 441    |  |   | —  |  |
| Other, net                    | 17                         |             |                               | 19       |      |               | 34     |  |   | 44       |  |
| Total dividend income         | $                               | 5,704  |                               |               | $    | 2,280    |             |  | $ | 6,971    |  |  | $ | 2,305    |  |

----

|                                                |                                 |              |                               |               |      |               |               |  |   |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|------------------------------------------------|---------------------------------|--------------|-------------------------------|---------------|------|---------------|---------------|--|---|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                           | Three Months Ended December 31, |              | Six Months Ended December 31, |
|                                           | 2021                            |              | 2020                          |               | 2021 |               | 2020          |
| Structuring, advisory and amendment fees       |                                 |              |                               |               |      |               |               |
| Magnate Worldwide, LLC                         | $                               | 2,850   |                               |               | $    | —  |               |  | $ | 2,850    |  |  | $ | —  |  |
| PeopleConnect Intermediate, LLC                | 2,495                      |              |                               | —  |      |               | 2,495    |  |   | —  |  |
| Broder                                         | 2,239                      |              |                               | —  |      |               | 2,239    |  |   | —  |  |
| DRI Holding Inc.                               | 2,238                      |              |                               | —  |      |               | 2,238    |  |   | —  |  |
| BCPE Osprey Buyer, Inc.                        | 1,812                      |              |                               | —  |      |               | 1,812    |  |   | —  |  |
| BCPE North Star US Holdco 2, Inc.              | 1,463                      |              |                               | —  |      |               | 1,463    |  |   | —  |  |
| National Property REIT Corp.                   | 1,222                      |              |                               | 1,433    |      |               | 1,222    |  |   | 1,433    |  |
| Victor Technology, LLC                         | 600                        |              |                               | —  |      |               | 600      |  |   | —  |  |
| Medical Solutions Holdings, Inc.               | 530                        |              |                               | —  |      |               | 530      |  |   | —  |  |
| First Tower Finance Company LLC                | —                    |              |                               | 10,000   |      |               | 7,234    |  |   | 10,000   |  |
| PGX Holdings, Inc.                             | —                    |              |                               | —  |      |               | 3,779    |  |   | —  |  |
| Ahead Data Blue, LLC                           | —                    |              |                               | 1,725    |      |               | —  |  |   | 1,725    |  |
| Orva Buyer, LLC                                | —                    |              |                               | 810      |      |               | —  |  |   | 810      |  |
| Thermal Product Solutions, Inc.                | —                    |              |                               | 689      |      |               | —  |  |   | 689      |  |
| H.I.G. KM2 Investor, LLC                       | —                    |              |                               | 500      |      |               | —  |  |   | 500      |  |
| Atlantis Health Care Group (Puerto Rico), Inc. | —                    |              |                               | 445      |      |               | —  |  |   | 445      |  |
| Eze Castle Integration, Inc.                   | —                    |              |                               | —  |      |               | —  |  |   | 1,250    |  |
| Other, net                                     | 1,404                      |              |                               | 390      |      |               | 2,352    |  |   | 566      |  |
| Total structuring, advisory and amendment fees | $                               | 16,853  |                               |               | $    | 15,992   |               |  | $ | 28,814   |  |  | $ | 17,418   |  |
| Royalty and net revenue interests              |                                 |              |                               |               |      |               |               |
| National Property REIT Corp.                   | $                               | 10,315  |                               |               | $    | 8,939    |               |  | $ | 19,940   |  |  | $ | 17,837   |  |
| Other, net                                     | 172                        |              |                               | 169      |      |               | 354      |  |   | 337      |  |
| Total royalty and net revenue interests        | $                               | 10,487  |                               |               | $    | 9,108    |               |  | $ | 20,294   |  |  | $ | 18,174   |  |
| Administrative agent fees                      |                                 |              |                               |               |      |               |               |
| Other, net                                     | $                               | 159     |                               |               | $    | 125      |               |  | $ | 327      |  |  | $ | 249      |  |
| Total administrative agent fees                | $                               | 159     |                               |               | $    | 125      |               |  | $ | 327      |  |  | $ | 249      |  |
|                                                |                                 |              |                               |               |      |               |               |
|                                                |                                 |              |                               |               |      |               |               |
|                                                |                                 |              |                               |               |      |               |               |
| Total other income                             | $                               | 27,499  |                               |               | $    | 25,225   |               |  | $ | 49,435   |  |  | $ | 35,841   |  |
|  |  |  |
|--|--|--|
|  |

----

|                                                     |                                 |              |                               |              |      |              |              |  |   |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------|---------------------------------|--------------|-------------------------------|--------------|------|--------------|--------------|--|---|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                                     | Three Months Ended December 31, |              | Six Months Ended December 31, |
|                                                     | 2021                            |              | 2020                          |              | 2021 |              | 2020         |
| Base management fee                                 | $                               | 33,843  |                               |              | $    | 27,833  |              |  | $ | 66,046   |  |  | $ | 54,683   |  |
| Income incentive fee                                | 19,589                     |              |                               | 20,717  |      |              | 39,329  |  |   | 35,103   |  |
| Interest and credit facility expenses               | 29,679                     |              |                               | 33,727  |      |              | 57,717  |  |   | 67,776   |  |
| Allocation of overhead from Prospect Administration | 2,239                      |              |                               | 3,426   |      |              | 6,765   |  |   | 8,083    |  |
| Audit, compliance and tax related fees              | 329                        |              |                               | 340     |      |              | 946     |  |   | 1,278    |  |
| Directors’ fees                               | 113                        |              |                               | 113     |      |              | 229     |  |   | 226      |  |
| Other general and administrative expenses           | 4,027                      |              |                               | 4,575   |      |              | 6,892   |  |   | 8,917    |  |
| Total operating expenses                            | $                               | 89,819  |                               |              | $    | 90,731  |              |  | $ | 177,924  |  |  | $ | 176,066  |  |

|                                                                   |                                 |                 |                               |             |      |                 |             |   |   |                 |   |  |   |                 |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------|---------------------------------|-----------------|-------------------------------|-------------|------|-----------------|-------------|---|---|-----------------|---|--|---|-----------------|--|--|--|--|--|--|--|--|--|
|                                                              | Three Months Ended December 31, |                 | Six Months Ended December 31, |
|                                                              | 2021                            |                 | 2020                          |             | 2021 |                 | 2020        |
| Interest on borrowings                                            | $                               | 25,292     |                               |             | $    | 29,802     |             |   | $ | 49,537     |   |  | $ | 59,860     |  |
| Amortization of deferred financing costs                          | 2,190                      |                 |                               | 1,850  |      |                 | 4,105  |   |   | 3,770      |   |
| Accretion of discount on unsecured debt                           | 746                        |                 |                               | 269    |      |                 | 1,319  |   |   | 538        |   |
| Facility commitment fees                                          | 1,451                      |                 |                               | 1,806  |      |                 | 2,756  |   |   | 3,608      |   |
| Total interest and credit facility expenses                       | $                               | 29,679     |                               |             | $    | 33,727     |             |   | $ | 57,717     |   |  | $ | 67,776     |  |
|                                                                   |                                 |                 |                               |             |      |                 |             |
| Average principal debt outstanding                                | $                               | 2,477,511  |                               |             | $    | 2,296,534  |             |   | $ | 2,378,136  |   |  | $ | 2,305,335  |  |
| Annualized weighted average stated interest rate on borrowings(1) | 4.08                       | %               |                               | 5.19   | %    |                 | 4.17   | % |   | 5.19       | % |
| Annualized weighted average interest rate on borrowings(2)        | 4.79                       | %               |                               | 5.87   | %    |                 | 4.85   | % |   | 5.88       | % |

----

|                                 |                                  |         |      |               |   |             |  |  |  |  |  |
|---------------------------------|----------------------------------|---------|------|---------------|---|-------------|--|--|--|--|--|
|                                 | Three Months Ended  December 31, |
| Portfolio Company               | 2021                             |         | 2020 |
|                                 |                                  |         |      |
| Edmentum Ultimate Holdings, LLC | —                     |         |      | 3,724    |   |
|                                 |                                  |         |      |
|                                 |                                  |         |      |
|                                 |                                  |         |      |
|                                 |                                  |         |      |
|                                 |                                  |         |      |
| Sudbury Mill CLO, Ltd.          | (9,406)                          |         |      | —  |   |
| Other, net                      | 179                         |         |      | 3        |   |
| Net realized (losses) gains     | $                                | (9,227) |      |               | $ | 3,727  |  |

----

|                                 |                                |         |      |               |   |             |  |  |  |  |  |
|---------------------------------|--------------------------------|---------|------|---------------|---|-------------|--|--|--|--|--|
|                                 | Six Months Ended  December 31, |
| Portfolio Company               | 2021                           |         | 2020 |
|                                 |                                |         |      |
| Edmentum Ultimate Holdings, LLC | —                   |         |      | 3,724    |   |
|                                 |                                |         |      |
|                                 |                                |         |      |
|                                 |                                |         |      |
|                                 |                                |         |      |
|                                 |                                |         |      |
| Spartan - Term Loan B           | —                   |         |      | 2,832    |   |
| Sudbury Mill CLO, Ltd.          | (9,406)                        |         |      | —  |   |
| Other, net                      | (422)                          |         |      | 14       |   |
| Net realized (losses) gains     | $                              | (9,828) |      |               | $ | 6,570  |  |

|                                           |                                 |               |                               |              |      |               |              |  |        |               |  |  |   |               |  |  |  |  |  |  |  |  |  |
|-------------------------------------------|---------------------------------|---------------|-------------------------------|--------------|------|---------------|--------------|--|--------|---------------|--|--|---|---------------|--|--|--|--|--|--|--|--|--|
|                                           | Three Months Ended December 31, |               | Six Months Ended December 31, |
|                                           | 2021                            |               | 2020                          |              | 2021 |               | 2020         |
| Control investments                       | $                               | 134,066  |                               |              | $    | 168,053  |              |  | $      | 256,396  |  |  | $ | 181,588  |  |
| Affiliate investments                     | 31,589                     |               |                               | 19,233  |      |               | 37,626       |  | 85,706 |
| Non-control/non-affiliate investments | 15,479                     |               |                               | 38,487  |      |               | 23,832  |  |        | 66,323   |  |
| Net change in unrealized gains (losses)   | $                               | 181,134  |                               |              | $    | 225,773  |              |  | $      | 317,854  |  |  | $ | 333,617  |  |

|                                 |  |  |                                         |               |  |  |  |  |  |  |  |
|---------------------------------|--|--|-----------------------------------------|---------------|--|--|--|--|--|--|--|
|                                 |  |  | Net Change in Unrealized Gains (Losses) |
| National Property REIT Corp.    |  |  | $                                       | 124,718  |  |
| PGX Holdings, Inc.              |  |  | 26,723                             |               |
| Subordinated Structured Notes   |  |  | 17,661                             |               |
| NMMB, Inc.                      |  |  | 15,027                             |               |
| First Tower Finance Company LLC |  |  | 11,247                             |               |
| Other, net                      |  |  | 5,303                              |               |
| InterDent, Inc.                 |  |  | (7,640)                                 |               |
| Pacific World Corporation       |  |  | (11,905)                                |               |
| Net change in unrealized gains  |  |  | $                                       | 181,134  |  |

----

|                                 |  |  |                                         |               |  |  |  |  |  |  |  |
|---------------------------------|--|--|-----------------------------------------|---------------|--|--|--|--|--|--|--|
|                                 |  |  | Net Change in Unrealized Gains (Losses) |
| InterDent, Inc.                 |  |  | $                                       | 63,347   |  |
| National Property REIT Corp.    |  |  | 59,090                             |               |
| PGX Holdings, Inc.              |  |  | 30,599                             |               |
| Other, net                      |  |  | 22,292                             |               |
| First Tower Finance Company LLC |  |  | 20,529                             |               |
| Subordinated Structured Notes   |  |  | 15,575                             |               |
| Valley Electric Company, Inc.   |  |  | 13,645                             |               |
| NMMB, Inc.                      |  |  | 9,470                              |               |
| USES Corp.                      |  |  | 9,428                              |               |
| Echelon Transportation, LLC     |  |  | (7,808)                                 |               |
| Edmentum Ultimate Holdings, LLC |  |  | (10,394)                                |               |
| Net change in unrealized gains  |  |  | $                                       | 225,773  |  |

|                                  |  |  |                                         |               |  |  |  |  |  |  |  |
|----------------------------------|--|--|-----------------------------------------|---------------|--|--|--|--|--|--|--|
|                                  |  |  | Net Change in Unrealized Gains (Losses) |
| National Property REIT Corp.     |  |  | $                                       | 198,569  |  |
| NMMB, Inc.                       |  |  | 31,903                             |               |
| Subordinated Structured Notes    |  |  | 27,745                             |               |
| PGX Holdings, Inc.               |  |  | 26,825                             |               |
| First Tower Finance Company LLC  |  |  | 26,650                             |               |
| InterDent, Inc.                  |  |  | 19,292                             |               |
| Targus Cayman HoldCo Limited     |  |  | 9,305                              |               |
| Credit Central Loan Company, LLC |  |  | 7,661                              |               |
| Other, net                       |  |  | 2,266                              |               |
| USES Corp.                       |  |  | (8,108)                                 |               |
| Echelon Transportation, LLC      |  |  | (9,339)                                 |               |
| Pacific World Corporation        |  |  | (14,915)                                |               |
| Net change in unrealized gains   |  |  | $                                       | 317,854  |  |

|                                     |  |  |                                         |               |  |  |  |  |  |  |  |
|-------------------------------------|--|--|-----------------------------------------|---------------|--|--|--|--|--|--|--|
|                                     |  |  | Net Change in Unrealized Gains (Losses) |
| PGX Holdings, Inc.                  |  |  | $                                       | 88,370   |  |
| National Property REIT Corp.        |  |  | 70,520                             |               |
| InterDent, Inc.                     |  |  | 66,293                             |               |
| First Tower Finance Company LLC     |  |  | 27,075                             |               |
| Subordinated Structured Notes       |  |  | 25,264                             |               |
| Other, net                          |  |  | 18,196                             |               |
| Valley Electric Company, Inc.       |  |  | 17,973                             |               |
| USES Corp.                          |  |  | 14,565                             |               |
| Pacific World Corporation           |  |  | 8,457                              |               |
| R-V Industries                      |  |  | 8,304                              |               |
| Securus Technologies Holdings, Inc. |  |  | 6,851                              |               |
| CP Energy Services, Inc.            |  |  | (18,251)                                |               |
| Net change in unrealized gains      |  |  | $                                       | 333,617  |  |

----

----

----

----

----

----

|                                                       |                   |                  |                                                                     |  |  |  |  |  |  |  |  |
|-------------------------------------------------------|-------------------|------------------|---------------------------------------------------------------------|--|--|--|--|--|--|--|--|
| Monthly Cash 5.50% Preferred Shareholder Distribution | Record Date       | Payment Date     | Monthly Amount ($ per share), before pro ration for partial periods |
| March 2022                                            | 3/23/2022 | 4/1/2022 | $0.114583                                                           |
| April 2022                                            | 4/20/2022 | 5/2/2022 | $0.114583                                                           |
| May 2022                                              | 5/18/2022 | 6/1/2022 | $0.114583                                                           |

|                                                         |                   |                  |                      |  |  |  |  |  |  |  |  |
|---------------------------------------------------------|-------------------|------------------|----------------------|--|--|--|--|--|--|--|--|
| Quarterly Cash 5.35% Preferred Shareholder Distribution | Record Date       | Payment Date     | Amount ($ per share) |
| February 2022 - April 2022                              | 4/20/2022 | 5/2/2022 | $0.334375            |

|                                              |                   |                   |                      |  |  |  |  |  |  |  |  |
|----------------------------------------------|-------------------|-------------------|----------------------|--|--|--|--|--|--|--|--|
| Monthly Cash Common Shareholder Distribution | Record Date       | Payment Date      | Amount ($ per share) |
| February 2022                                | 2/24/2022 | 3/22/2022 | $0.0600              |
| March 2022                                   | 3/29/2022 | 4/20/2022 | $0.0600              |
| April 2022                                   | 4/27/2022 | 5/19/2022 | $0.0600              |

----

|                                  |  |                 |              |                  |  |   |                       |  |                          |  |   |              |  |  |   |              |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------|--|-----------------|--------------|------------------|--|---|-----------------------|--|--------------------------|--|---|--------------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|--|--|
| (in thousands)Basis Point Change |  | Interest Income |              | Interest Expense |  |   | Net Investment Income |  | Net Investment Income(1) |
| Up 300 basis points              |  | $               | 73,091  |                  |  | $ | 14,178           |  |                          |  | $ | 58,913  |  |  | $ | 47,130  |  |
| Up 200 basis points              |  | $               | 37,824  |                  |  | $ | 9,452            |  |                          |  | $ | 28,372  |  |  | $ | 22,698  |  |
| Up 100 basis points              |  | $               | 8,945   |                  |  | $ | 4,726            |  |                          |  | $ | 4,219   |  |  | $ | 3,375   |  |
| Down 100 basis points            |  | $               | (225)        |                  |  | $ | (493)                 |  |                          |  | $ | 268     |  |  | $ | 214     |  |
|                                  |  |                 |              |                  |  |   |                       |  |                          |
|                                  |  |                 |              |                  |  |   |                       |  |                          |

----

----

----

----

----

----

|                                                   |         |         |        |      |       |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------|---------|---------|--------|------|-------|--|--|--|--|--|--|--|--|--|--|--|--|
| Assumed Return on Our Portfolio (net of expenses) | (10)%   | (5)%    | 0%     | 5%   | 10%   |
| Corresponding Return to Common Stockholder(1)     | (24.1)% | (14.3)% | (4.4)% | 5.5% | 15.4% |

|                                                   |         |        |        |      |       |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------|---------|--------|--------|------|-------|--|--|--|--|--|--|--|--|--|--|--|--|
| Assumed Return on Our Portfolio (net of expenses) | (10)%   | (5)%   | 0%     | 5%   | 10%   |
| Corresponding Return to Common Stockholder(2)     | (16.9)% | (9.4)% | (2.0%) | 5.5% | 12.9% |

----

|                                    |        |        |             |             |        |                                  |        |                                |        |        |        |            |            |  |        |        |        |        |        |        |        |        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------------|--------|--------|-------------|-------------|--------|----------------------------------|--------|--------------------------------|--------|--------|--------|------------|------------|--|--------|--------|--------|--------|--------|--------|--------|--------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                               |   |   |        | Stock Price |   | Premium (Discount)of High to NAV |   | Premium(Discount)of Low to NAV |   |
|                               |   | NAV(1) |        | High(2)     |   | Low(2)                           |   |
| Year Ended June 30, 2020      |   |   |        |        |   |                             |   |                           |   |   |   |
| First quarter                      |   | $      | 8.87   |             |        |                             | $      | 6.73                      |        |        |   | $          | 6.30  |  |        |   | (24.1) | %      |   | (29.0) | %      |   |
| Second quarter                     |   |        | 8.66   |             |        |                             |        | 6.70                      |        |        |   |            | 6.37  |  |        |   | (22.6) | %      |   | (26.4) | %      |   |
| Third quarter                      |        |        | 7.98   |             |        |                                  |        | 6.61                      |        |        |        |            | 4.04  |  |        |        | (17.2) | %      |        | (49.4) | %      |        |
| Fourth quarter                     |   |        | 8.18   |             |        |                             |        | 5.74                           |        |   |        | 3.78  |            |  |   | (29.8) | %      |   | (53.8) | %      |   |
| Year Ended June 30, 2021      |        |        |             |             |        |                                  |        |                                |        |        |        |            |            |  |        |        |        |
| First quarter                      |        | $      | 8.40   |             |        |                                  | $      | 5.17                      |        |        |        | $          | 4.69  |  |        |        | (38.5) | %      |        | (44.2) | %      |        |
| Second quarter                     |        |        | 8.96   |             |        |                                  |        | 5.60                      |        |        |        |            | 4.95  |  |        |        | (37.5) | %      |        | (44.8) | %      |        |
| Third quarter                      |        |        | 9.38   |             |        |                                  |        | 7.98                      |        |        |        |            | 5.51  |  |        |        | (14.9) | %      |        | (41.3) | %      |        |
| Fourth quarter                     |        |        | 9.81   |             |        |                                  |        | 9.22                           |        |        |        | 7.62  |            |  |        | (6.0)  | %      |        | (22.3) | %      |        |
| Twelve Months Ending June 30, 2022 |        |        |             |             |        |                                  |        |                                |        |        |        |            |            |  |        |        |        |
| First quarter                      |        | $      | 10.12  |             |        |                                  | $      | 8.46                           |        |        | $      | 7.69  |            |  |        | (16.4) | %      |        | (24.0) | %      |        |
| Second quarter                     |        |        | 10.60  |             |        |                                  |        | 9.00                      |        |        |        |            | 7.83  |  |        |        | (15.1) | %      |        | (26.1) | %      |        |

|                                   |                              |               |                                               |                     |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------|------------------------------|---------------|-----------------------------------------------|---------------------|--|--|--|--|--|--|--|--|--|--|
| Date of Offering                  | Price Per Share to Investors | Shares Issued | Estimated Net Asset Value per Common Share(1) | Percentage Dilution |
| June 15, 2020 to June 22, 2020(2) | $5.29 - $5.40                | 1,158,222     | $7.93 - 7.94                                  | 0.10%               |

----

|                                                                                                                                                   |            |           |            |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------|------------|--|--|--|--|--|--|--|--|
| Stockholder transaction expenses:                                                                                                             | A1 Shares  | M Shares  | AA Shares  |
| Sales Load (as a percentage of offering price)                                                                                                    | 10.00% (1) | 3.00% (2) | 10.00% (3) |
| Offering expenses borne by the Company (as a percentage of offering price)                                                                        | (4)        | (4)       | (5)        |
| Preferred Stock Dividend reinvestment plan expenses (6)                                                                                           | None       | None      | None       |
| Total stockholder transaction expenses (as a percentage of offering price):                                                                   | 11.5%      | 4.5%      | 10.5%      |
| Annual expenses (as a percentage of net assets attributable to common stock):                                                                 |            |           |            |
| Management fees (7)                                                                                                                               | 4.33%      |
| Incentive fees payable under Investment Advisory Agreement (20% of realized capital gains and 20% of pre-incentive fee net investment income) (8) | 1.95%      |
| Total advisory fees                                                                                                                               | 6.28%      |
| Total interest expenses (9)                                                                                                                       | 3.05%      |
| Other expenses (10)                                                                                                                               | 0.73%      |
| Total annual expenses (8)(10)(11)                                                                                                                 | 10.06%     |
| Dividends on Preferred Stock(12)                                                                                                                  | 1.91%      |
| Total annual expenses after dividends on Preferred Stock (13)                                                                                     | 11.97%     |

|                                                                                                                                                                    |        |        |           |         |        |         |           |          |        |   |           |  |        |   |           |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-----------|---------|--------|---------|-----------|----------|--------|---|-----------|--|--------|---|-----------|--|--|--|--|--|--|--|--|--|--|--|
|                                                                                                                                                               |   | 1 Year |      | 3 Years |   | 5 Years |      | 10 Years |
| A Shares and AA Shares - You would pay the following expenses on a $1,000 investment in shares of our common stock, assuming a 5% annual return on our portfolio*  |   | $      | 130  |         |   | $       | 306  |          |   | $ | 465  |  |   | $ | 802  |  |
| A Shares and AA Shares - You would pay the following expenses on a $1,000 investment in shares of our common stock, assuming a 5% annual return on our portfolio** |        | $      | 139  |         |        | $       | 330  |          |        | $ | 500  |  |        | $ | 844  |  |

----

----

|             |                                                                                                                                                                            |  |  |  |  |
|-------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|
| Exhibit No. |
| 3.1         | Articles of Amendment and Restatement(1)                                                                                                                                   |
| 3.2         | Amended and Restated Bylaws(2)                                                                                                                                             |
| 3.3         | Articles of Amendment(3)                                                                                                                                                   |
| 3.4         | Articles Supplementary to the Articles of Amendment and Restatement of Prospect Capital Corporation (4)                                                                    |
| 3.5         | Articles Supplementary to the Articles of Amendment and Restatement of Prospect Capital Corporation (5)                                                                    |
| 3.6         | Certificate of Correction to the Articles Supplementary of Prospect Capital Corporation(6)                                                                                 |
| 3.7         | Articles Supplementary to the Articles of Amendment and Restatement of Prospect Capital Corporation (19)                                                                   |
| 3.8         | Articles Supplementary to the Articles of Amendment and Restatement of Prospect Capital Corporation (20)                                                                   |
| 3.9         | Certificate of Correction to the Articles Supplementary of Prospect Capital Corporation(21)                                                                                |
| 4.1         | One Thousand Forty-Seventh Supplemental Indenture dated as of October 7, 2021, to the U.S. Bank Indenture, and Form of 2.250% Prospect Capital InterNote® due 2026(7) |
| 4.2         | One Thousand Forty-Eighth Supplemental Indenture dated as of October 7, 2021, to the U.S. Bank Indenture, and Form of 2.750% Prospect Capital InterNote® due 2028(7)  |

----

|             |                                                                                                                                                                                |  |  |  |  |
|-------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|
| Exhibit No. |
| 4.3         | One Thousand Forty-Ninth Supplemental Indenture dated as of October 7, 2021, to the U.S. Bank Indenture, and Form of 3.150% Prospect Capital InterNote® due 2031(7)       |
| 4.4         | One Thousand Fiftieth Supplemental Indenture dated as of October 7, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2036(7)          |
| 4.5         | One Thousand Fifty-First Supplemental Indenture dated as of October 7, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(7)       |
| 4.6         | One Thousand Fifty-Second Supplemental Indenture dated as of October 15, 2021, to the U.S. Bank Indenture, and Form of 2.250% Prospect Capital InterNote® due 2026(8)     |
| 4.7         | One Thousand Fifty-Third Supplemental Indenture dated as of October 15, 2021, to the U.S. Bank Indenture, and Form of 2.750% Prospect Capital InterNote® due 2028(8)      |
| 4.8         | One Thousand Fifty-Fourth Supplemental Indenture dated as of October 15, 2021, to the U.S. Bank Indenture, and Form of 3.150% Prospect Capital InterNote® due 2031(8)     |
| 4.9         | One Thousand Fifty-Fifth Supplemental Indenture dated as of October 15, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2036(8)      |
| 4.10        | One Thousand Fifty-Sixth Supplemental Indenture dated as of October 15, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(8)      |
| 4.11        | One Thousand Fifty-Seventh Supplemental Indenture dated as of October 21, 2021, to the U.S. Bank Indenture, and Form of 2.250% Prospect Capital InterNote® due 2026(9)    |
| 4.12        | One Thousand Fifty-Eighth Supplemental Indenture dated as of October 21, 2021, to the U.S. Bank Indenture, and Form of 2.750% Prospect Capital InterNote® due 2028(9)     |
| 4.13        | One Thousand Fifty-Ninth Supplemental Indenture dated as of October 21, 2021, to the U.S. Bank Indenture, and Form of 3.150% Prospect Capital InterNote® due 2031(9)      |
| 4.14        | One Thousand Sixtieth Supplemental Indenture dated as of October 21, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2036(9)         |
| 4.15        | One Thousand Sixty-First Supplemental Indenture dated as of October 21, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(9)      |
| 4.16        | One Thousand Sixty-Second Supplemental Indenture dated as of October 28, 2021, to the U.S. Bank Indenture, and Form of 2.250% Prospect Capital InterNote® due 2026(10)    |
| 4.17        | One Thousand Sixty-Third Supplemental Indenture dated as of October 28, 2021, to the U.S. Bank Indenture, and Form of 2.750% Prospect Capital InterNote® due 2028(10)     |
| 4.18        | One Thousand Sixty-Fourth Supplemental Indenture dated as of October 28, 2021, to the U.S. Bank Indenture, and Form of 3.150% Prospect Capital InterNote® due 2031(10)    |
| 4.19        | One Thousand Sixty-Fifth Supplemental Indenture dated as of October 28, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2036(10)     |
| 4.20        | One Thousand Sixty-Sixth Supplemental Indenture dated as of October 28, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(10)     |
| 4.21        | One Thousand Sixty-Seventh Supplemental Indenture dated as of November 4, 2021, to the U.S. Bank Indenture, and Form of 2.400% Prospect Capital InterNote® due 2026(11)   |
| 4.22        | One Thousand Sixty-Eighth Supplemental Indenture dated as of November 4, 2021, to the U.S. Bank Indenture, and Form of 2.800% Prospect Capital InterNote® due 2028(11)    |
| 4.23        | One Thousand Sixty-Ninth Supplemental Indenture dated as of November 4, 2021, to the U.S. Bank Indenture, and Form of 3.250% Prospect Capital InterNote® due 2031(11)     |
| 4.24        | One Thousand Seventieth Supplemental Indenture dated as of November 4, 2021, to the U.S. Bank Indenture, and Form of 3.600% Prospect Capital InterNote® due 2036(11)      |
| 4.25        | One Thousand Seventy-First Supplemental Indenture dated as of November 4, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(11)   |
| 4.26        | One Thousand Seventy-Second Supplemental Indenture dated as of November 18, 2021, to the U.S. Bank Indenture, and Form of 2.500% Prospect Capital InterNote® due 2026(12) |
| 4.27        | One Thousand Seventy-Third Supplemental Indenture dated as of November 18, 2021, to the U.S. Bank Indenture, and Form of 3.000% Prospect Capital InterNote® due 2028(12)  |
| 4.28        | One Thousand Seventy-Fourth Supplemental Indenture dated as of November 18, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2031(12) |
| 4.29        | One Thousand Seventy-Fifth Supplemental Indenture dated as of November 18, 2021, to the U.S. Bank Indenture, and Form of 3.750% Prospect Capital InterNote® due 2036(12)  |
| 4.30        | One Thousand Seventy-Sixth Supplemental Indenture dated as of November 18, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(12)  |

----

|             |                                                                                                                                                                                    |  |  |  |  |
|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|
| Exhibit No. |
| 4.31        | One Thousand Seventy-Seventh Supplemental Indenture dated as of November 26, 2021, to the U.S. Bank Indenture, and Form of 2.500% Prospect Capital InterNote® due 2026(13)    |
| 4.32        | One Thousand Seventy-Eighth Supplemental Indenture dated as of November 26, 2021, to the U.S. Bank Indenture, and Form of 3.000% Prospect Capital InterNote® due 2028(13)     |
| 4.33        | One Thousand Seventy-Ninth Supplemental Indenture dated as of November 26, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2031(13)      |
| 4.34        | One Thousand Eightieth Supplemental Indenture dated as of November 26, 2021, to the U.S. Bank Indenture, and Form of 3.750% Prospect Capital InterNote® due 2036(13)          |
| 4.35        | One Thousand Eighty-First Supplemental Indenture dated as of November 26, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(13)       |
| 4.36        | One Thousand Eighty-Second Supplemental Indenture dated as of December 2, 2021, to the U.S. Bank Indenture, and Form of 2.750% Prospect Capital InterNote® due 2026(14)       |
| 4.37        | One Thousand Eighty-Third Supplemental Indenture dated as of December 2, 2021, to the U.S. Bank Indenture, and Form of 3.250% Prospect Capital InterNote® due 2028(14)        |
| 4.38        | One Thousand Eighty-Fourth Supplemental Indenture dated as of December 2, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2031(14)       |
| 4.39        | One Thousand Eighty-Fifth Supplemental Indenture dated as of December 2, 2021, to the U.S. Bank Indenture, and Form of 3.750% Prospect Capital InterNote® due 2036(14)        |
| 4.4         | One Thousand Eighty-Sixth Supplemental Indenture dated as of December 2, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(14)        |
| 4.41        | One Thousand Eighty-Seventh Supplemental Indenture dated as of December 9, 2021, to the U.S. Bank Indenture, and Form of 3.000% Prospect Capital InterNote® due 2026(15)      |
| 4.42        | One Thousand Eighty-Eighth Supplemental Indenture dated as of December 9, 2021, to the U.S. Bank Indenture, and Form of 3.250% Prospect Capital InterNote® due 2028(15)       |
| 4.43        | One Thousand Eighty-Ninth Supplemental Indenture dated as of December 9, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2031(15)        |
| 4.44        | One Thousand Ninetieth Supplemental Indenture dated as of December 9, 2021, to the U.S. Bank Indenture, and Form of 3.750% Prospect Capital InterNote® due 2036(15)           |
| 4.45        | One Thousand Ninety-First Supplemental Indenture dated as of December 9, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(15)        |
| 4.46        | One Thousand Ninety-Second Supplemental Indenture dated as of December 16, 2021, to the U.S. Bank Indenture, and Form of 3.000% Prospect Capital InterNote® due 2026(16)      |
| 4.47        | One Thousand Ninety-Third Supplemental Indenture dated as of December 16, 2021, to the U.S. Bank Indenture, and Form of 3.250% Prospect Capital InterNote® due 2028(16)       |
| 4.48        | One Thousand Ninety-Fourth Supplemental Indenture dated as of December 16, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2031(16)      |
| 4.49        | One Thousand Ninety-Fifth Supplemental Indenture dated as of December 16, 2021, to the U.S. Bank Indenture, and Form of 3.750% Prospect Capital InterNote® due 2036(16)       |
| 4.5         | One Thousand Ninety-Sixth Supplemental Indenture dated as of December 16, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2051(16)       |
| 4.51        | One Thousand Ninety-Seventh Supplemental Indenture dated as of December 23, 2021, to the U.S. Bank Indenture, and Form of 3.250% Prospect Capital InterNote® due 2026(17)     |
| 4.52        | One Thousand Ninety-Eighth Supplemental Indenture dated as of December 23, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2028(17)      |
| 4.53        | One Thousand Ninety-Ninth Supplemental Indenture dated as of December 23, 2021, to the U.S. Bank Indenture, and Form of 3.750% Prospect Capital InterNote® due 2031(17)       |
| 4.54        | One Thousand One Hundredth Supplemental Indenture dated as of December 23, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2036(17)      |
| 4.55        | One Thousand One Hundred First Supplemental Indenture dated as of December 23, 2021, to the U.S. Bank Indenture, and Form of 4.250% Prospect Capital InterNote® due 2051(17)  |
| 4.56        | One Thousand One Hundred Second Supplemental Indenture dated as of December 30, 2021, to the U.S. Bank Indenture, and Form of 3.250% Prospect Capital InterNote® due 2026(18) |
| 4.57        | One Thousand One Hundred Third Supplemental Indenture dated as of December 30, 2021, to the U.S. Bank Indenture, and Form of 3.500% Prospect Capital InterNote® due 2028(18)  |
| 4.58        | One Thousand One Hundred Fourth Supplemental Indenture dated as of December 30, 2021, to the U.S. Bank Indenture, and Form of 3.750% Prospect Capital InterNote® due 2031(18) |

----

|             |                                                                                                                                                                                   |  |  |  |  |
|-------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|
| Exhibit No. |
| 4.59        | One Thousand One Hundred Fifth Supplemental Indenture dated as of December 30, 2021, to the U.S. Bank Indenture, and Form of 4.000% Prospect Capital InterNote® due 2036(18) |
| 4.60        | One Thousand One Hundred Sixth Supplemental Indenture dated as of December 30, 2021, to the U.S. Bank Indenture, and Form of 4.250% Prospect Capital InterNote® due 2051(18) |
| 11          | Computation of Per Share Earnings (included in the notes to the financial statements contained in this report)                                                                    |
| 12          | Computation of Ratios (included in the notes to the financial statements contained in this report)                                                                                |
| 31.1        | Certification of Chief Executive Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended*                                                           |
| 31.2        | Certification of Chief Financial Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended*                                                           |
| 32.1        | Certification of Chief Executive Officer pursuant to Section 906 of The Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350)*                                                              |
| 32.2        | Certification of 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 to Exhibit 3.1 of the Registrant’s Form 8-K, filed on May 9, 2014.                                                          |
| (2)  | Incorporated by reference to Exhibit 3.1 of the Registrant’s Form 8-K, filed on December 11, 2015.                                          |
| (3)  | Incorporated by reference to Exhibit 3.1 of the Registrant’s Form 8-K, filed on August 4, 2020.                                                       |
| (4)  | Incorporated by reference to Exhibit 3.2 of the Registrant’s Form 8-K, filed on August 4, 2020.                                                       |
| (5)  | Incorporated by reference to Exhibit 3.1 of the Registrant’s Form 8-K, filed on November 4, 2020.                                                     |
| (6)  | Incorporated by reference to Exhibit 3.2 of the Registrant’s Form 8-K, filed on November 4, 2020.                                                     |
| (7)  | Incorporated by reference from the Registrant's Post-Effective Amendment No. 76 to the Registration Statement on Form N-2, filed on October 7, 2021.   |
| (8)  | Incorporated by reference from the Registrant's Post-Effective Amendment No. 77 to the Registration Statement on Form N-2, filed on October 15, 2021.  |
| (9)  | Incorporated by reference from the Registrant's Post-Effective Amendment No. 78 to the Registration Statement on Form N-2, filed on October 21, 2021.  |
| (10) | Incorporated by reference from the Registrant's Post-Effective Amendment No. 79 to the Registration Statement on Form N-2, filed on October 28, 2021.  |
| (11) | Incorporated by reference from the Registrant's Post-Effective Amendment No. 80 to the Registration Statement on Form N-2, filed on November 4, 2021.  |
| (12) | Incorporated by reference from the Registrant's Post-Effective Amendment No. 81 to the Registration Statement on Form N-2, filed on November 18, 2021. |
| (13) | Incorporated by reference from the Registrant's Post-Effective Amendment No. 82 to the Registration Statement on Form N-2, filed on November 26, 2021. |
| (14) | Incorporated by reference from the Registrant's Post-Effective Amendment No. 83 to the Registration Statement on Form N-2, filed on December 2, 2021.  |
| (15) | Incorporated by reference from the Registrant's Post-Effective Amendment No. 84 to the Registration Statement on Form N-2, filed on December 9, 2021.  |
| (16) | Incorporated by reference from the Registrant's Post-Effective Amendment No. 85 to the Registration Statement on Form N-2, filed on December 16, 2021. |
| (17) | Incorporated by reference from the Registrant's Post-Effective Amendment No. 86 to the Registration Statement on Form N-2, filed on December 23, 2021. |
| (18) | Incorporated by reference from the Registrant's Post-Effective Amendment No. 87 to the Registration Statement on Form N-2, filed on December 30, 2021. |
| (19) | Incorporated by reference to Exhibit 3.1 of the Registrant’s Form 8-K filed on May 26, 2021.                                                          |
| (20) | Incorporated by reference to Exhibit 3.1 of the Registrant’s Form 8-K filed on July 19, 2021.                                                         |
| (21) | Incorporated by reference to Exhibit 3.1 of the Registrant’s Form 8-K filed on July 19, 2021.                                                         |

----

|                  |  |         |                                                   |  |  |  |  |  |  |  |  |
|------------------|--|---------|---------------------------------------------------|--|--|--|--|--|--|--|--|
|                  |  |         | PROSPECT CAPITAL CORPORATION                      |
|                  |  |    |
| February 8, 2022 |  | By: | /s/ JOHN F. BARRY III                     |
| Date             |  |    | John F. Barry III                                 |
|                  |  |    | Chairman of the Board and Chief Executive Officer |
|                  |  |         |                                                   |
| February 8, 2022 |  | By: | /s/ KRISTIN L. VAN DASK                   |
| Date             |  |    | Kristin L. Van Dask                               |
|                  |  |    | Chief Financial Officer                           |