# EDGAR Filing Document

**Accession Number:** 0001703079
**File Stem:** 0001752724-23-046812
**Filing Date:** 2023-2
**Character Count:** 307838
**Document Hash:** b11797c88d445c831f4ba51c62f3f912
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-046812.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-046812

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** XAI Octagon Floating Rate & Alternative Income Term Trust
- **CENTRAL INDEX KEY:** 0001703079
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23247
- **FILM NUMBER:** 23683353

**BUSINESS ADDRESS:**
- **STREET 1:** 321 NORTH CLARK STREET #2430
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654
- **BUSINESS PHONE:** (312) 374-6930

**MAIL ADDRESS:**
- **STREET 1:** 321 NORTH CLARK STREET #2430
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XAI Octagon Floating Rate Alternative Income Term Trust
- **DATE OF NAME CHANGE:** 20170714

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XAI Octagon Floating Rate Income & Credit Alternative Trust
- **DATE OF NAME CHANGE:** 20170406

## Nport-Ex

**XAI Octagon Floating Rate & Alternative Income Term Trust**

**Schedule of Investments**

December 31, 2022 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **COLLATERALIZED LOAN OBLIGATIONS DEBT<sup>(b)</sup>- 24.09%<sup>\*</sup> (14.01% of Total Investments)** | **COLLATERALIZED LOAN OBLIGATIONS DEBT<sup>(b)</sup>- 24.09%<sup>\*</sup> (14.01% of Total Investments)** | **COLLATERALIZED LOAN OBLIGATIONS DEBT<sup>(b)</sup>- 24.09%<sup>\*</sup> (14.01% of Total Investments)** | **COLLATERALIZED LOAN OBLIGATIONS DEBT<sup>(b)</sup>- 24.09%<sup>\*</sup> (14.01% of Total Investments)** | | |
| Anchorage Capital CLO 13 LLC, CLO 2021-13A, ER<sup>(c)</sup> | 10.78% | 3M US L + 6.70% | &nbsp;&nbsp;04/15/2034 | $1500000 | $1351753 |
| Anchorage Capital Clo 16, Ltd., CLO 2021-16A, ER<sup>(c)</sup> | 11.58% | 3M US L + 7.35% | &nbsp;&nbsp;01/19/2035 | 2000000 | 1754198 |
| Anchorage Capital CLO 17, Ltd., CLO 2021-17A, E<sup>(c)</sup> | 10.94% | 3M US L + 6.86% | &nbsp;&nbsp;07/15/2034 | 1250000 | 1057145 |
| Anchorage Capital CLO 19, Ltd., CLO 2021-19A, F<sup>(c)</sup> | 11.33% | 3M US L + 7.25% | &nbsp;&nbsp;10/15/2034 | 1000000 | 688767 |
| Anchorage Capital CLO 21, Ltd., CLO 2021-21A, E<sup>(c)</sup> | 11.59% | 3M US L + 7.35% | &nbsp;&nbsp;10/20/2034 | 500000 | 433742 |
| Anchorage Capital CLO 4-R, Ltd., CLO 2018-4RA, E<sup>(c)</sup> | 9.87% | 3M US L + 5.50% | &nbsp;&nbsp;01/28/2031 | 2000000 | 1658857 |
| Anchorage Capital CLO 9, Ltd., CLO 2021-9A, ER2<sup>(c)</sup> | 10.90% | 3M US L + 6.82% | &nbsp;&nbsp;07/15/2032 | 2000000 | 1670861 |
| Apidos CLO XXVII, CLO 2017-27A, D<sup>(c)</sup> | 10.48% | 3M US L + 6.40% | &nbsp;&nbsp;07/17/2030 | 375000 | 328973 |
| Apidos CLO XXXII, CLO 2020-32A, E<sup>(c)</sup> | 10.99% | 3M US L + 6.75% | &nbsp;&nbsp;01/20/2033 | 250000 | 229785 |
| ARES LI CLO, Ltd., CLO 2021-51A, ER<sup>(c)</sup> | 10.93% | 3M US L + 6.85% | &nbsp;&nbsp;07/15/2034 | 250000 | 221036 |
| ARES Loan Funding III, Ltd., CLO 2022-ALF3A, E<sup>(c)</sup> | 9.77% | 3M SOFR + 7.58% | &nbsp;&nbsp;07/25/2035 | 1000000 | 923271 |
| Ares LV CLO, Ltd., CLO 2021-55A, ER<sup>(c)</sup> | 10.43% | 3M US L + 6.35% | &nbsp;&nbsp;07/15/2034 | 1525000 | 1355111 |
| Atrium IX, CLO 2017-9A, ER<sup>(c)</sup> | 11.19% | 3M US L + 6.45% | &nbsp;&nbsp;05/28/2030 | 900000 | 792102 |
| Atrium XIV LLC, CLO 2018-14A, E<sup>(c)</sup> | 9.73% | 3M US L + 5.65% | &nbsp;&nbsp;08/23/2030 | 500000 | 451089 |
| Battalion CLO, Ltd., CLO 2021-21A, E<sup>(c)</sup> | 10.54% | 3M US L + 6.46% | &nbsp;&nbsp;07/15/2034 | 1000000 | 802330 |
| Carlyle Global Market Strategies, CLO 2022-2A, D<sup>(c)</sup> | 11.36% | 3M SOFR + 7.40% | &nbsp;&nbsp;04/20/2035 | 800000 | 720390 |
| Carlyle US CLO 2022-5, Ltd., CLO 2022-5A, E<sup>(c)</sup> | 12.01% | 3M SOFR + 8.46% | &nbsp;&nbsp;10/15/2035 | 2000000 | 1908182 |
| CIFC Funding 2015-I, Ltd., CLO 2015-1A, ERR<sup>(c)</sup> | 10.32% | 3M US L + 6.00% | &nbsp;&nbsp;01/22/2031 | 500000 | 420343 |
| CIFC Funding 2019-III, Ltd., CLO 2021-3A, DR<sup>(c)</sup> | 10.88% | 3M US L + 6.80% | &nbsp;&nbsp;10/16/2034 | 900000 | 816820 |
| CIFC Funding 2019-V, Ltd., CLO 2021-5A, DR<sup>(c)</sup> | 10.86% | 3M US L + 6.78% | &nbsp;&nbsp;01/15/2035 | 1000000 | 907309 |
| CIFC Funding 2019-VI, Ltd., CLO 2019-6A, E<sup>(c)</sup> | 11.48% | 3M US L + 7.40% | &nbsp;&nbsp;01/16/2033 | 500000 | 461363 |
| CIFC Funding 2022-I, Ltd., CLO 2022-1A, E<sup>(c)</sup> | 10.26% | 3M SOFR + 6.40% | &nbsp;&nbsp;04/17/2035 | 2000000 | 1767878 |
| CIFC Funding 2022-III, Ltd., CLO 2022-3A, E<sup>(c)</sup> | 11.26% | 3M SOFR + 7.27% | &nbsp;&nbsp;04/21/2035 | 850000 | 780899 |
| Elmwood CLO 18, Ltd., CLO 2022-5A, E<sup>(c)</sup> | 10.99% | 3M SOFR + 7.76% | &nbsp;&nbsp;07/17/2033 | 600000 | 560278 |
| Elmwood CLO II, Ltd., CLO 2021-2A, DR<sup>(c)</sup> | 7.24% | 3M US L + 3.00% | &nbsp;&nbsp;04/20/2034 | 1250000 | 1176456 |
| Elmwood CLO VI, Ltd., CLO 2021-3A, ER<sup>(c)</sup> | 10.74% | 3M US L + 6.50% | &nbsp;&nbsp;10/20/2034 | 750000 | 680042 |
| Elmwood CLO XI, Ltd., CLO 2021-4A, E<sup>(c)</sup> | 10.24% | 3M US L + 6.00% | &nbsp;&nbsp;10/20/2034 | 750000 | 660046 |
| HPS Loan Management, Ltd., CLO 2017-11A, F<sup>(c)</sup> | 12.38% | 3M US L + 7.85% | &nbsp;&nbsp;05/06/2030 | 1000000 | 811962 |
| Madison Park Funding LX, Ltd., CLO 2022-60A, E<sup>(c)</sup> | 8.95% | 3M SOFR + 8.95% | &nbsp;&nbsp;10/25/2035 | 1250000 | 1212500 |
| Madison Park Funding XLVIII, Ltd., CLO 2021-48A, E<sup>(c)</sup> | 10.48% | 3M US L + 6.25% | &nbsp;&nbsp;04/19/2033 | 1500000 | 1374661 |
| Madison Park Funding XVII, Ltd., CLO 2015-17A, FR<sup>(c)</sup> | 11.76% | 3M US L + 7.48% | &nbsp;&nbsp;07/21/2030 | 1000000 | 743717 |
| Madison Park Funding XXXVII, Ltd., CLO 2021-37A, ER<sup>(c)</sup> | 10.23% | 3M US L + 6.15% | &nbsp;&nbsp;07/15/2033 | 750000 | 682896 |
| Magnetite XXIV, Ltd., CLO 2022-24A, ER<sup>(c)</sup> | 10.26% | 3M SOFR + 6.40% | &nbsp;&nbsp;04/15/2035 | 500000 | 441883 |
| Neuberger Berman Loan Advisers CLO 24, Ltd., CLO 2017-24A, E<sup>(c)</sup> | 10.25% | 3M US L + 6.02% | &nbsp;&nbsp;04/19/2030 | 1000000 | 903297 |
| Neuberger Berman Loan Advisers CLO 32, Ltd., CLO 2021-32A, ER<sup>(c)</sup> | 10.33% | 3M US L + 6.10% | &nbsp;&nbsp;01/20/2032 | 1500000 | 1348514 |
| OHA Credit Funding 11, Ltd., CLO 2022-11A, E<sup>(c)</sup> | 11.21% | 3M SOFR + 7.25% | &nbsp;&nbsp;07/19/2033 | 550000 | 502056 |
| OHA Credit Funding 2, Ltd., CLO 2021-2A, ER<sup>(c)</sup> | 10.64% | 3M US L + 6.36% | &nbsp;&nbsp;04/21/2034 | 1000000 | 890616 |
| OHA Credit Funding 5, Ltd., CLO 2020-5A, E<sup>(c)</sup> | 10.44% | 3M US L + 6.25% | &nbsp;&nbsp;04/18/2033 | 1000000 | 894054 |
| OHA Credit Funding 7, Ltd., CLO 2022-7A, ER<sup>(c)</sup> | 10.21% | 3M SOFR + 6.25% | &nbsp;&nbsp;02/24/2037 | 900000 | 790202 |
| OHA Credit Funding 9, Ltd., CLO 2021-9A, E<sup>(c)</sup> | 10.48% | 3M US L + 6.25% | &nbsp;&nbsp;07/19/2035 | 1000000 | 887982 |
| Rad CLO 10, Ltd., CLO 2021-10A, E<sup>(c)</sup> | 10.17% | 3M US L + 5.85% | &nbsp;&nbsp;04/23/2034 | 2000000 | 1719185 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **COLLATERALIZED LOAN OBLIGATIONS DEBT<sup>(b)</sup> (continued)** | **COLLATERALIZED LOAN OBLIGATIONS DEBT<sup>(b)</sup> (continued)** | **COLLATERALIZED LOAN OBLIGATIONS DEBT<sup>(b)</sup> (continued)** | **COLLATERALIZED LOAN OBLIGATIONS DEBT<sup>(b)</sup> (continued)** | | |
| Rad CLO 11, Ltd., CLO 2021-11A, E<sup>(c)</sup> | 10.33% | 3M US L + 6.25% | &nbsp;&nbsp;04/15/2034 | $1300000 | $1120843 |
| Rad CLO 12, Ltd., CLO 2021-12A, E<sup>(c)</sup> | 10.76% | 3M US L + 6.35% | &nbsp;&nbsp;10/30/2034 | 2000000 | 1748971 |
| Regatta VII Funding, Ltd., CLO 2021-1A, ER2<sup>(c)</sup> | 11.15% | 3M US L + 6.40% | &nbsp;&nbsp;06/20/2034 | 1000000 | 845461 |
| Regatta VIII Funding, Ltd., CLO 2017-1A, E<sup>(c)</sup> | 10.18% | 3M US L + 6.10% | &nbsp;&nbsp;10/17/2030 | 500000 | 452302 |
| Regatta XII Funding, Ltd., CLO 2021-1A, ER<sup>(c)</sup> | 10.43% | 3M US L + 6.35% | &nbsp;&nbsp;10/15/2032 | 500000 | 449220 |
| Regatta XIV Funding, Ltd., CLO 2018-3A, E<sup>(c)</sup> | 10.31% | 3M US L + 5.95% | &nbsp;&nbsp;10/25/2031 | 750000 | 622620 |
| Regatta XIX Funding, Ltd., CLO 2022-1A, E<sup>(c)</sup> | 10.84% | 3M SOFR + 6.88% | &nbsp;&nbsp;04/20/2035 | 500000 | 456308 |
| Regatta XVI Funding, Ltd., CLO 2019-2A, E<sup>(c)</sup> | 11.08% | 3M US L + 7.00% | &nbsp;&nbsp;01/15/2033 | 1000000 | 900545 |
| Regatta XXII Funding, Ltd., CLO 2022-2A, E<sup>(c)</sup> | 11.24% | 3M SOFR + 7.19% | &nbsp;&nbsp;07/20/2035 | 1350000 | 1233107 |
| Regatta XXIII Funding, Ltd., CLO 2021-4A, E<sup>(c)</sup> | 10.94% | 3M US L + 6.70% | &nbsp;&nbsp;01/20/2035 | 1250000 | 1126477 |
| Regatta XXIV Funding, Ltd., CLO 2021-5A, E<sup>(c)</sup> | 11.04% | 3M US L + 6.80% | &nbsp;&nbsp;01/20/2035 | 250000 | 224110 |
| RR 19, Ltd., CLO 2021-19A, D<sup>(c)</sup> | 10.58% | 3M US L + 6.50% | &nbsp;&nbsp;10/15/2035 | 500000 | 454676 |
| Sound Point CLO II, Ltd., CLO 2013-1A, B2R<sup>(c)</sup> | 9.83% | 3M US L + 5.50% | &nbsp;&nbsp;01/26/2031 | 250000 | 170499 |
| Sound Point CLO XVIII, Ltd., CLO 2017-4A, D<sup>(c)</sup> | 9.74% | 3M US L + 5.50% | &nbsp;&nbsp;01/21/2031 | 500000 | 338576 |
| Symphony CLO XXI, Ltd., CLO 2019-21A ER, ER<sup>(c)</sup> | 10.68% | 3M US L + 6.60% | &nbsp;&nbsp;07/15/2032 | 1000000 | 873474 |
| Symphony CLO XXIV, Ltd., CLO 2021-24A, E<sup>(c)</sup> | 11.32% | 3M US L + 7.00% | &nbsp;&nbsp;01/23/2032 | 1000000 | 897388 |
| THL Credit Wind River 2019-1 CLO, Ltd., CLO 2021-1A, ER<sup>(c)</sup> | 10.84% | 3M US L + 6.60% | &nbsp;&nbsp;07/20/2034 | 875000 | 699749 |
| THL Credit Wind River CLO, Ltd., CLO 2017-4A, E<sup>(c)</sup> | 10.48% | 3M US L + 5.80% | &nbsp;&nbsp;11/20/2030 | 500000 | 401268 |
| THL Credit Wind River CLO, Ltd., CLO 2021-1A, EE<sup>(c)</sup> | 11.25% | 3M US L + 7.06% | &nbsp;&nbsp;04/18/2036 | 1500000 | 1209880 |
| Voya CLO 2020-2, Ltd., CLO 2021-2A, ER<sup>(c)</sup> | 10.63% | 3M US L + 6.40% | &nbsp;&nbsp;07/19/2034 | 1125000 | 999775 |
| Wind River 2021-3 CLO, Ltd., CLO 2021-3A, E<sup>(c)</sup> | 10.84% | 3M US L + 6.60% | &nbsp;&nbsp;07/20/2033 | 1000000 | 855753 |
| Total Collateralized Loan Obligations Debt (Cost $60,232,407) |  |  |  | $61550000 | $53863553 |
| **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup>- 60.53%<sup>\*</sup> (35.19% of Total Investments)** | **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup>- 60.53%<sup>\*</sup> (35.19% of Total Investments)** | **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup>- 60.53%<sup>\*</sup> (35.19% of Total Investments)** | **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup>- 60.53%<sup>\*</sup> (35.19% of Total Investments)** |  |  |
| ALM 2020, Ltd., CLO 2020-1A, SUB<sup>(c)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;10/15/2029 | 5000000 | 1749350 |
| Anchorage Capital CLO 13 LLC, CLO 2019-13A, SUB<sup>(c)</sup> | N/A | Estimated yield of 18.42% | &nbsp;&nbsp;04/15/2034 | 7000000 | 4566800 |
| Anchorage Capital Clo 16, Ltd., CLO 2020-16A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 19.21% | &nbsp;&nbsp;01/19/2035 | 2500000 | 1477575 |
| Anchorage Capital CLO 18, Ltd., CLO 2021-18A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 21.97% | &nbsp;&nbsp;04/15/2034 | 850000 | 559978 |
| Anchorage Capital CLO 19, Ltd., CLO 2021-19A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 19.14% | &nbsp;&nbsp;10/15/2034 | 7000000 | 4091500 |
| Anchorage Capital CLO 1-R, Ltd., CLO 2018-1RA, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.68% | &nbsp;&nbsp;04/13/2031 | 4150000 | 1767564 |
| Anchorage Capital CLO 20, Ltd., CLO 2021-20A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 18.03% | &nbsp;&nbsp;01/20/2035 | 1750000 | 1106688 |
| Anchorage Capital CLO 3-R, Ltd., CLO 2014-3RA, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;01/28/2031 | 1400000 | 462518 |
| Anchorage Capital CLO 7, Ltd., CLO 2015-7A, SUBA<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;01/28/2031 | 1750000 | 506187 |
| Apidos CLO XXVII, CLO 2017-27A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;07/17/2030 | 1300000 | 356681 |
| ARES LI CLO, Ltd., CLO 2019-51A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 21.06% | &nbsp;&nbsp;07/15/2034 | 2646041 | 1545566 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup> (continued)** | **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup> (continued)** | **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup> (continued)** | **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup> (continued)** | | |
| ARES LI CLO, Ltd., CLO 2019-51A, INC<sup>(c)(d)</sup> | N/A | Estimated yield of 21.33% | &nbsp;&nbsp;07/15/2034 | $1699959 | $992955 |
| Ares XLI Clo, Ltd., CLO 2016-41A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 20.28% | &nbsp;&nbsp;04/15/2034 | 2343500 | 988863 |
| ARES XLIV CLO, Ltd., CLO 2017-44A, SUB<sup>(c)</sup> | N/A | Estimated yield of 20.07% | &nbsp;&nbsp;04/15/2034 | 2845572 | 1016424 |
| Battalion Clo XV, Ltd., CLO 2020-15A, SUB<sup>(c)</sup> | N/A | Estimated yield of 20.70% | &nbsp;&nbsp;01/17/2033 | 4500000 | 2996312 |
| Battalion Clo XVI, Ltd., CLO 2019-16A, SUB<sup>(c)</sup> | N/A | Estimated yield of 23.24% | &nbsp;&nbsp;12/19/2032 | 3500000 | 2138850 |
| Carbone Clo, Ltd., CLO 2017-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;01/20/2031 | 7850000 | 3352625 |
| Carlyle Global Market Strategies CLO, Ltd., CLO 2013-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;08/14/2030 | 3500000 | 632695 |
| CARLYLE US CLO 2021-5, Ltd., CLO 2021-5A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 18.33% | &nbsp;&nbsp;07/20/2034 | 4000000 | 2695952 |
| CARLYLE US CLO 2021-6, Ltd., CLO 2021-6A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 22.67% | &nbsp;&nbsp;07/15/2034 | 1000000 | 575082 |
| Carlyle US CLO, Ltd., CLO 2020-4A, SUBA<sup>(c)(d)</sup> | N/A | Estimated yield of 23.30% | &nbsp;&nbsp;04/15/2035 | 8740000 | 6831542 |
| Carlyle US CLO, Ltd., CLO 2018-2A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 6.97% | &nbsp;&nbsp;10/15/2031 | 933000 | 320578 |
| Catamaran CLO, Ltd., CLO 2015-1A, SUB<sup>(c)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;04/22/2027 | 750000 | 352 |
| CIFC Funding 2017-III, Ltd., CLO 2017-3A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;07/20/2030 | 1400000 | 435050 |
| CIFC Funding 2017-V, Ltd., CLO 2017-5A, SUB<sup>(c)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;11/16/2030 | 4500000 | 1609605 |
| CIFC Funding 2018-I, Ltd., CLO 2018-1A, SUB<sup>(c)</sup> | N/A | Estimated yield of 0.59% | &nbsp;&nbsp;04/18/2031 | 3250000 | 1518946 |
| CIFC Funding 2018-III, Ltd., CLO 2018-3A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 6.52% | &nbsp;&nbsp;07/18/2031 | 3000000 | 1197606 |
| CIFC Funding 2019-III, Ltd., CLO 2019-3A, SUB<sup>(c)</sup> | N/A | Estimated yield of 20.36% | &nbsp;&nbsp;10/16/2034 | 750000 | 523516 |
| CIFC Funding 2019-V, Ltd., CLO 2019-5A, SUB<sup>(c)</sup> | N/A | Estimated yield of 22.98% | &nbsp;&nbsp;01/15/2035 | 1000000 | 715899 |
| CIFC Funding 2019-V, Ltd., CLO 2019-5A, INC<sup>(c)</sup> | N/A | Estimated yield of 21.97% | &nbsp;&nbsp;01/15/2035 | 2500000 | 1789747 |
| CIFC Funding 2020-II, Ltd., CLO 2020-2A, INC<sup>(c)(d)</sup> | N/A | Estimated yield of 31.92% | &nbsp;&nbsp;10/20/2034 | 1000000 | 748332 |
| CIFC Funding 2020-III, Ltd., CLO 2020-3A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 22.09% | &nbsp;&nbsp;10/20/2034 | 150000 | 115087 |
| CIFC Funding 2021-II, CLO 2021-2A, SUB<sup>(c)</sup> | N/A | Estimated yield of 18.95% | &nbsp;&nbsp;04/15/2034 | 4000000 | 2990000 |
| CIFC Funding 2021-VII, Ltd., CLO 2021-7A, SUB<sup>(c)</sup> | N/A | Estimated yield of 21.64% | &nbsp;&nbsp;01/23/2035 | 1000000 | 722199 |
| Dryden 43 Senior Loan Fund, CLO 2016-43A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 18.21% | &nbsp;&nbsp;04/20/2034 | 5000000 | 2752020 |
| Dryden 87 CLO, Ltd., CLO 2021-87A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 18.97% | &nbsp;&nbsp;05/20/2034 | 2000000 | 1517194 |
| Dryden 95 CLO, Ltd., CLO 2021-95A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 19.05% | &nbsp;&nbsp;08/20/2034 | 3500000 | 2526360 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup> (continued)** | **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup> (continued)** | **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup> (continued)** | **COLLATERALIZED LOAN OBLIGATIONS EQUITY<sup>(e)</sup> (continued)** | | |
| Elmwood CLO I, Ltd., CLO 2019-1A, SUB<sup>(c)</sup> | N/A | Estimated yield of 14.06% | &nbsp;&nbsp;10/20/2033 | $6000000 | $3595824 |
| Elmwood CLO II, Ltd., CLO 2019-2A, SUB<sup>(c)</sup> | N/A | Estimated yield of 17.27% | &nbsp;&nbsp;04/20/2034 | 6500000 | 4711850 |
| Elmwood CLO III, Ltd., CLO 2019-3A, SUB<sup>(c)</sup> | N/A | Estimated yield of 16.13% | &nbsp;&nbsp;10/20/2034 | 5250000 | 3520020 |
| Elmwood CLO VII, Ltd., CLO 2020-4A, SUB<sup>(c)</sup> | N/A | Estimated yield of 17.13% | &nbsp;&nbsp;01/17/2034 | 8350000 | 6058835 |
| Elmwood CLO VIII, Ltd., CLO 2021-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 16.11% | &nbsp;&nbsp;01/20/2034 | 5000000 | 3682755 |
| Invesco CLO, Ltd., CLO 2021-2A, SUB<sup>(c)(d)(f)</sup> | N/A | Estimated yield of 18.06% | &nbsp;&nbsp;07/15/2034 | 5000000 | 3058130 |
| Invesco CLO, Ltd., CLO 2021-2A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;07/15/2034 | 500000 | 123860 |
| Invesco CLO, Ltd., CLO 2021-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 20.63% | &nbsp;&nbsp;04/15/2034 | 3000000 | 2068062 |
| Madison Park Funding XVIII, Ltd., CLO 2015-18A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;10/21/2030 | 4000000 | 1357840 |
| Madison Park Funding XX, Ltd., CLO 2016-20A, SUB<sup>(c)</sup> | N/A | Estimated yield of 11.48% | &nbsp;&nbsp;07/27/2030 | 1740000 | 664614 |
| Madison Park Funding XXIX, Ltd., CLO 2018-29A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 12.44% | &nbsp;&nbsp;10/18/2047 | 3750000 | 1894841 |
| Madison Park Funding XXVIII, Ltd., CLO 2018-28A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 10.55% | &nbsp;&nbsp;07/15/2030 | 5000000 | 2723860 |
| Madison Park Funding XXXVII, Ltd., CLO 2019-37A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 25.92% | &nbsp;&nbsp;07/15/2049 | 5500000 | 3878050 |
| Niagara Park Clo, Ltd., CLO 2019-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 22.99% | &nbsp;&nbsp;07/17/2032 | 2648000 | 1459313 |
| NYACK Park CLO, Ltd., CLO 2021-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 20.95% | &nbsp;&nbsp;10/20/2034 | 1000000 | 751580 |
| Oak Hill Credit Partners X-R, Ltd., CLO 2014-10RA, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 19.81% | &nbsp;&nbsp;04/20/2034 | 6673000 | 2601256 |
| OHA Credit Partners XI, Ltd., CLO 2015-11A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 16.30% | &nbsp;&nbsp;01/20/2032 | 2750000 | 1280400 |
| OHA Credit Partners XII, Ltd., CLO 2016-12A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 12.17% | &nbsp;&nbsp;07/23/2030 | 1500000 | 707024 |
| Point Au Roche Park CLO, Ltd., CLO 2021-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 18.07% | &nbsp;&nbsp;07/20/2034 | 5000000 | 3459945 |
| Recette Clo, Ltd., CLO 2015-1A, SUB<sup>(c)(f)</sup> | N/A | Estimated yield of 19.78% | &nbsp;&nbsp;04/20/2034 | 10400000 | 3744229 |
| Recette Clo, Ltd., CLO 2015-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.10% | &nbsp;&nbsp;04/20/2034 | 10400000 | 31096 |
| Regatta XVIII Funding, Ltd., CLO 2021-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 16.03% | &nbsp;&nbsp;01/15/2034 | 7175322 | 4925894 |
| Regatta XXIV Funding, Ltd., CLO 2021-5A, SUB<sup>(c)</sup> | N/A | Estimated yield of 16.22% | &nbsp;&nbsp;01/20/2035 | 5000000 | 3273145 |
| Rockland Park CLO, Ltd., CLO 2021-1A, M1<sup>(c)(d)</sup> | N/A | Estimated yield of 35.10% | &nbsp;&nbsp;04/20/2034 | 9000000 | 29700 |
| Rockland Park CLO, Ltd., CLO 2021-1A, M2<sup>(c)(d)</sup> | N/A | Estimated yield of 39.95% | &nbsp;&nbsp;04/20/2034 | 9000000 | 99360 |
| Rockland Park CLO, Ltd., CLO 2021-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 17.41% | &nbsp;&nbsp;04/20/2034 | 9000000 | 5478849 |
| Sixth Street CLO XVII, Ltd., CLO 2021-17A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 17.02% | &nbsp;&nbsp;01/20/2034 | 1100000 | 772990 |
| Sound Point CLO III, Ltd., CLO 2017-3A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;10/20/2030 | 1500000 | 276945 |
| Sound Point CLO VI-R, Ltd., CLO 2014-2RA, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;10/20/2031 | 2000000 | 63400 |
| THL Credit Wind River CLO, Ltd., CLO 2018-3A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 19.38% | &nbsp;&nbsp;01/20/2031 | 3000000 | 1624200 |
| THL Credit Wind River CLO, Ltd., CLO 2018-2A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 12.25% | &nbsp;&nbsp;07/15/2030 | 3031000 | 1202840 |
| Thompson Park CLO, Ltd., CLO 2021-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 20.20% | &nbsp;&nbsp;04/15/2034 | 4000000 | 3177976 |
| Webster Park CLO, Ltd., CLO 2016-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 8.13% | &nbsp;&nbsp;07/20/2030 | 9000400 | 3168879 |
| Wind River CLO, Ltd., CLO 2016-1A, SUB<sup>(c)(d)</sup> | N/A | Estimated yield of 0.00% | &nbsp;&nbsp;07/15/2028 | 4000000 | 6520 |
| Total Collateralized Loan Obligations Equity (Cost $176,740,358) |  |  |  | $276825794 | $135368280 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **CORPORATE BONDS - 4.89%<sup>\*</sup> (2.84% of Total Investments)** | **CORPORATE BONDS - 4.89%<sup>\*</sup> (2.84% of Total Investments)** | **CORPORATE BONDS - 4.89%<sup>\*</sup> (2.84% of Total Investments)** | **CORPORATE BONDS - 4.89%<sup>\*</sup> (2.84% of Total Investments)** | | |
| ***Chemicals - 0.15% (0.09% of Total Investments)*** | ***Chemicals - 0.15% (0.09% of Total Investments)*** | ***Chemicals - 0.15% (0.09% of Total Investments)*** | ***Chemicals - 0.15% (0.09% of Total Investments)*** | | |
| Herens Holdco Sarl, Senior Secured<sup>(c)</sup> | 4.75% | N/A | &nbsp;&nbsp;05/15/2028 | $444000 | $331890 |
| ***Diversified Consumer Services - 0.21% (0.12% of Total Investments)*** | ***Diversified Consumer Services - 0.21% (0.12% of Total Investments)*** | ***Diversified Consumer Services - 0.21% (0.12% of Total Investments)*** | ***Diversified Consumer Services - 0.21% (0.12% of Total Investments)*** |  |  |
| Sabre GLBL, Inc., Senior Secured<sup>(c)</sup> | 11.25% | N/A | &nbsp;&nbsp;12/15/2027 | 461000 | 476886 |
| ***Diversified Telecommunication Services - 1.02% (0.60% of Total Investments)*** | ***Diversified Telecommunication Services - 1.02% (0.60% of Total Investments)*** | ***Diversified Telecommunication Services - 1.02% (0.60% of Total Investments)*** | ***Diversified Telecommunication Services - 1.02% (0.60% of Total Investments)*** |  |  |
| Altice Financing SA, Senior Secured<sup>(c)</sup> | 5.75% | N/A | &nbsp;&nbsp;08/15/2029 | 1197000 | 943309 |
| Altice France SA, Senior Secured<sup>(c)</sup> | 5.50% | N/A | &nbsp;&nbsp;10/15/2029 | 667000 | 507654 |
| Consolidated Communications, Inc., Senior Secured<sup>(c)</sup> | 5.00% | N/A | &nbsp;&nbsp;10/01/2028 | 1125000 | 829451 |
| Total Diversified Telecommunication Services |  |  |  | 2989000 | 2280414 |
| ***Electronic Equipment, Instruments & Components - 0.06% (0.03% of Total Investments)*** | ***Electronic Equipment, Instruments & Components - 0.06% (0.03% of Total Investments)*** | ***Electronic Equipment, Instruments & Components - 0.06% (0.03% of Total Investments)*** | ***Electronic Equipment, Instruments & Components - 0.06% (0.03% of Total Investments)*** |  |  |
| Coherent Corp., Senior Unsecured<sup>(c)</sup> | 5.00% | N/A | &nbsp;&nbsp;12/15/2029 | 146000 | 125905 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| ***Health Care Equipment & Supplies - 0.28% (0.16% of Total Investments)*** | ***Health Care Equipment & Supplies - 0.28% (0.16% of Total Investments)*** | ***Health Care Equipment & Supplies - 0.28% (0.16% of Total Investments)*** | ***Health Care Equipment & Supplies - 0.28% (0.16% of Total Investments)*** | | |
| Medline Borrower LP, Senior Unsecured<sup>(c)</sup> | 5.25% | N/A | &nbsp;&nbsp;10/01/2029 | 62000 | 49311 |
| Mozart Debt Merger Sub, Inc., Senior Secured<sup>(c)</sup> | 3.88% | N/A | &nbsp;&nbsp;04/01/2029 | 727000 | 585933 |
| Total Health Care Equipment & Supplies |  |  |  | 789000 | 635244 |
| ***Health Care Technology - 0.47% (0.27% of Total Investments)*** | ***Health Care Technology - 0.47% (0.27% of Total Investments)*** | ***Health Care Technology - 0.47% (0.27% of Total Investments)*** |  |  |  |
| AthenaHealth Group, Inc., Senior Unsecured<sup>(c)</sup> | 6.50% | N/A | &nbsp;&nbsp;02/15/2030 | 1411000 | 1042714 |
| ***Hotels, Restaurants & Leisure - 0.83% (0.48% of Total Investments)*** | ***Hotels, Restaurants & Leisure - 0.83% (0.48% of Total Investments)*** | ***Hotels, Restaurants & Leisure - 0.83% (0.48% of Total Investments)*** |  |  |  |
| CEC Entertainment LLC, Senior Secured<sup>(c)</sup> | 6.75% | N/A | &nbsp;&nbsp;05/01/2026 | 470000 | 435925 |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc., Senior Unsecured<sup>(c)</sup> | 6.75% | N/A | &nbsp;&nbsp;01/15/2030 | 328000 | 264975 |
| Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc, Senior Unsecured<sup>(c)</sup> | 5.00% | N/A | &nbsp;&nbsp;06/01/2029 | 529000 | 459802 |
| Scientific Games Holdings LP/Scientific Games US FinCo, Inc., Senior Unsecured<sup>(c)</sup> | 6.63% | N/A | &nbsp;&nbsp;03/01/2030 | 205000 | 173163 |
| SeaWorld Parks & Entertainment, Inc., Senior Unsecured<sup>(c)</sup> | 5.25% | N/A | &nbsp;&nbsp;08/15/2029 | 600000 | 522433 |
| Total Hotels, Restaurants & Leisure |  |  |  | 2132000 | 1856298 |
| ***Industrial Conglomerates - 0.18% (0.11% of Total Investments)*** | ***Industrial Conglomerates - 0.18% (0.11% of Total Investments)*** | ***Industrial Conglomerates - 0.18% (0.11% of Total Investments)*** |  |  |  |
| MajorDrive Holdings IV LLC, Senior Unsecured<sup>(c)</sup> | 6.38% | N/A | &nbsp;&nbsp;06/01/2029 | 545000 | 406638 |
| ***IT Services - 0.05% (0.03% of Total Investments)*** | ***IT Services - 0.05% (0.03% of Total Investments)*** | ***IT Services - 0.05% (0.03% of Total Investments)*** |  |  |  |
| Avaya, Inc., Senior Secured<sup>(c)</sup> | 6.13% | N/A | &nbsp;&nbsp;09/15/2028 | 345000 | 105225 |
| ***Machinery - 0.36% (0.20% of Total Investments)*** | ***Machinery - 0.36% (0.20% of Total Investments)*** | ***Machinery - 0.36% (0.20% of Total Investments)*** |  |  |  |
| Chart Industries, Inc., Senior Secured<sup>(c)</sup> | 7.50% | N/A | &nbsp;&nbsp;01/01/2030 | 472000 | 473907 |
| Chart Industries, Inc., Senior Unsecured<sup>(c)</sup> | 9.50% | N/A | &nbsp;&nbsp;01/01/2031 | 316000 | 324367 |
| Total Machinery |  |  |  | 788000 | 798274 |
| ***Media - 0.03% (0.02% of Total Investments)*** | ***Media - 0.03% (0.02% of Total Investments)*** | ***Media - 0.03% (0.02% of Total Investments)*** |  |  |  |
| Audacy Capital Corp., Senior Secured<sup>(c)</sup> | 6.75% | N/A | &nbsp;&nbsp;03/31/2029 | 390000 | 68477 |
| ***Professional Services - 0.43% (0.25% of Total Investments)*** | ***Professional Services - 0.43% (0.25% of Total Investments)*** | ***Professional Services - 0.43% (0.25% of Total Investments)*** |  |  |  |
| Conduent Business Services LLC / Conduent State & Local Solutions, Inc., Senior Secured<sup>(c)</sup> | 6.00% | N/A | &nbsp;&nbsp;11/01/2029 | 1176000 | 961889 |
| ***Software - 0.43% (0.25% of Total Investments)*** | ***Software - 0.43% (0.25% of Total Investments)*** | ***Software - 0.43% (0.25% of Total Investments)*** |  |  |  |
| Condor Merger Sub, Inc., Senior Unsecured<sup>(c)</sup> | 7.38% | N/A | &nbsp;&nbsp;02/15/2030 | 1102000 | 878052 |
| Open Text Corp., Senior Secured<sup>(c)</sup> | 6.90% | N/A | &nbsp;&nbsp;12/01/2027 | 91000 | 91323 |
| Total Software |  |  |  | 1193000 | 969375 |
| ***Transportation Infrastructure - 0.39% (0.23% of Total Investments)*** | ***Transportation Infrastructure - 0.39% (0.23% of Total Investments)*** | ***Transportation Infrastructure - 0.39% (0.23% of Total Investments)*** |  |  |  |
| Uber Technologies, Inc., Senior Unsecured<sup>(c)</sup> | 4.50% | N/A | &nbsp;&nbsp;08/15/2029 | 1000000 | 871250 |
| Total Corporate Bonds (Cost $13,648,470) |  |  |  | $13809000 | $10930479 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SECURED SECOND LIEN LOANS**<sup>(b)</sup> **- 4.15%<sup>\*</sup> (2.41% of Total Investments)** | **SECURED SECOND LIEN LOANS**<sup>(b)</sup> **- 4.15%<sup>\*</sup> (2.41% of Total Investments)** | **SECURED SECOND LIEN LOANS**<sup>(b)</sup> **- 4.15%<sup>\*</sup> (2.41% of Total Investments)** | **SECURED SECOND LIEN LOANS**<sup>(b)</sup> **- 4.15%<sup>\*</sup> (2.41% of Total Investments)** |  |  |
| ***Aerospace & Defense - 0.84% (0.49% of Total Investments)*** | ***Aerospace & Defense - 0.84% (0.49% of Total Investments)*** | ***Aerospace & Defense - 0.84% (0.49% of Total Investments)*** |  |  |  |
| Amentum Government Services Holdings LLC, TL | 12.18% | 3M SOFR + 7.50% | &nbsp;&nbsp;02/15/2030 | $2016807 | $1830252 |
| New Constellis Borrower LLC, Series B | 15.38% | 1M US L + 11.00% | &nbsp;&nbsp;03/27/2025 | 107755 | 51903 |
| Total Aerospace & Defense |  |  |  | 2124562 | 1882155 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| ***Air Freight & Logistics - 0.20% (0.11% of Total Investments)*** | ***Air Freight & Logistics - 0.20% (0.11% of Total Investments)*** | ***Air Freight & Logistics - 0.20% (0.11% of Total Investments)*** | ***Air Freight & Logistics - 0.20% (0.11% of Total Investments)*** | | |
| LaserShip, Inc., Initial | 12.23% | 3M US L + 7.50% | &nbsp;&nbsp;05/07/2029 | 745852 | 440053 |
| ***Building Products - 0.25% (0.14% of Total Investments)*** | ***Building Products - 0.25% (0.14% of Total Investments)*** | ***Building Products - 0.25% (0.14% of Total Investments)*** |  |  |  |
| Diversitech Holdings, INC. TL | 11.48% | 3M US L + 6.75% | &nbsp;&nbsp;12/21/2029 | 468750 | 412500 |
| Visual Comfort Group, Inc. (fka VC GB Holdings, Inc.)(aka Visual Comfort Generation Brands), Initial 2nd Lien Term Loan | 11.13% | 1M US L + 6.75% | &nbsp;&nbsp;07/23/2029 | 169492 | 140395 |
| Total Building Products |  |  |  | 638242 | 552895 |
| ***Chemicals - 0.10% (0.06% of Total Investments)*** | ***Chemicals - 0.10% (0.06% of Total Investments)*** | ***Chemicals - 0.10% (0.06% of Total Investments)*** |  |  |  |
| CP Iris Holdco I, Inc., Initial | 11.38% | 1M US L + 7.00% | &nbsp;&nbsp;10/01/2029 | 258621 | 217241 |
| ***Commercial Services & Supplies - 0.29% (0.17% of Total Investments)*** | ***Commercial Services & Supplies - 0.29% (0.17% of Total Investments)*** | ***Commercial Services & Supplies - 0.29% (0.17% of Total Investments)*** |  |  |  |
| AVSC Holding Corp., Initial | 11.42% | 1M US L + 7.25% | &nbsp;&nbsp;09/01/2025 | 805556 | 646313 |
| ***Communications Equipment - 0.16% (0.09% of Total Investments)*** | ***Communications Equipment - 0.16% (0.09% of Total Investments)*** | ***Communications Equipment - 0.16% (0.09% of Total Investments)*** |  |  |  |
| Global Tel\*Link Corp., 2nd Lien | 14.09% | 3M SOFR + 10.00% | &nbsp;&nbsp;11/29/2026 | 347222 | 260851 |
| MLN US Holdco LLC<sup>(g)</sup> | N/A | L + 11.12% | &nbsp;&nbsp;10/18/2027 | 128761 | 101078 |
| Total Communications Equipment |  |  |  | 475983 | 361929 |
| ***Construction & Engineering - 0.11% (0.07% of Total Investments)*** | ***Construction & Engineering - 0.11% (0.07% of Total Investments)*** | ***Construction & Engineering - 0.11% (0.07% of Total Investments)*** |  |  |  |
| DG Investment Intermediate Holdings 2, Inc., 2nd Lien | 10.82% | 1M US L + 6.75% | &nbsp;&nbsp;03/30/2029 | 292804 | 257179 |
| ***Diversified Consumer Services - 0.56% (0.32% of Total Investments)*** | ***Diversified Consumer Services - 0.56% (0.32% of Total Investments)*** | ***Diversified Consumer Services - 0.56% (0.32% of Total Investments)*** |  |  |  |
| KUEHG Corp. | 12.98% | 3M US L + 8.25% | &nbsp;&nbsp;08/22/2025 | 800000 | 762800 |
| Travelport Finance Luxembourg Sarl, 2021 Consented | 9.73% | 3M US L + 6.75% | &nbsp;&nbsp;05/29/2026 | 581016 | 392668 |
| TruGreen LP, Initial | 12.91% | 3M US L + 8.50% | &nbsp;&nbsp;11/02/2028 | 125392 | 91536 |
| Total Diversified Consumer Services |  |  |  | 1506408 | 1247004 |
| ***Diversified Financial Services - 0.35% (0.21% of Total Investments)*** | ***Diversified Financial Services - 0.35% (0.21% of Total Investments)*** | ***Diversified Financial Services - 0.35% (0.21% of Total Investments)*** | ***Diversified Financial Services - 0.35% (0.21% of Total Investments)*** |  |  |
| Edelman Financial Center LLC, Initial | 11.13% | 1M US L + 6.75% | &nbsp;&nbsp;07/20/2026 | 626984 | 561934 |
| Nexus Buyer LLC, TL | 10.63% | 1M US L + 6.25% | &nbsp;&nbsp;11/05/2029 | 245536 | 226610 |
| Total Diversified Financial Services |  |  |  | 872520 | 788544 |
| ***Electronic Equipment, Instruments & Components - 0.03% (0.02% of Total Investments)*** | ***Electronic Equipment, Instruments & Components - 0.03% (0.02% of Total Investments)*** | ***Electronic Equipment, Instruments & Components - 0.03% (0.02% of Total Investments)*** | ***Electronic Equipment, Instruments & Components - 0.03% (0.02% of Total Investments)*** |  |  |
| Infinite Bidco LLC, Initial | 11.73% | 3M US L + 7.00% | &nbsp;&nbsp;03/02/2029 | 69869 | 63930 |
| ***Health Care Providers & Services - 0.06% (0.04% of Total Investments)*** | ***Health Care Providers & Services - 0.06% (0.04% of Total Investments)*** | ***Health Care Providers & Services - 0.06% (0.04% of Total Investments)*** |  |  |  |
| Verscend Holding Corp., Initial | 11.38% | 1M US L + 7.00% | &nbsp;&nbsp;04/02/2029 | 135802 | 133765 |
| ***Insurance - 0.38% (0.22% of Total Investments)*** | ***Insurance - 0.38% (0.22% of Total Investments)*** | ***Insurance - 0.38% (0.22% of Total Investments)*** |  |  |  |
| Asurion LLC, New B-4 | 9.63% | 1M US L + 5.25% | &nbsp;&nbsp;01/20/2029 | 1104603 | 853703 |
| ***Professional Services - 0.07% (0.04% of Total Investments)*** | ***Professional Services - 0.07% (0.04% of Total Investments)*** | ***Professional Services - 0.07% (0.04% of Total Investments)*** |  |  |  |
| National Intergovernmental Purchasing Alliance Co. | 12.08% | 3M US L + 7.50% | &nbsp;&nbsp;05/26/2026 | 169482 | 166093 |
| ***Software - 0.75% (0.43% of Total Investments)*** | ***Software - 0.75% (0.43% of Total Investments)*** | ***Software - 0.75% (0.43% of Total Investments)*** |  |  |  |
| Ascend Learning 11/21 2nd Lien TL | 10.13% | 1M US L + 5.75% | &nbsp;&nbsp;12/10/2029 | 462963 | 395255 |
| DCert Buyer, Inc., First Amendment Refinancing | 11.70% | 3M US L + 7.00% | &nbsp;&nbsp;02/19/2029 | 156627 | 142373 |
| EagleView Technology Corp., Term Loan 2nd Lien | 12.23% | 3M US L + 7.50% | &nbsp;&nbsp;08/14/2026 | 198167 | 172406 |
| MH Sub I LLC, 2021 Replacement | 10.65% | 1M SOFR + 6.25% | &nbsp;&nbsp;02/23/2029 | 1000000 | 891250 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SECURED SECOND LIEN LOANS**<sup>(b)</sup> **(continued)** | **SECURED SECOND LIEN LOANS**<sup>(b)</sup> **(continued)** | **SECURED SECOND LIEN LOANS**<sup>(b)</sup> **(continued)** |  | | |
| ***Software (continued)*** | |  |  | | |
| Ultimate Software 11/21 2nd Lien TL | 9.00% | 3M US L + 5.25% | &nbsp;&nbsp;05/03/2027 | $75676 | $69281 |
| Total Software |  |  |  | 1893433 | 1670565 |
| Total Secured Second Lien Loans (Cost $10,985,510) |  |  |  | $11093737 | $9281369 |
| **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **- 78.24%<sup>\*</sup> (45.49% of Total Investments)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **- 78.24%<sup>\*</sup> (45.49% of Total Investments)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **- 78.24%<sup>\*</sup> (45.49% of Total Investments)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **- 78.24%<sup>\*</sup> (45.49% of Total Investments)** |  |  |
| ***Aerospace & Defense - 2.01% (1.17% of Total Investments)*** | ***Aerospace & Defense - 2.01% (1.17% of Total Investments)*** | ***Aerospace & Defense - 2.01% (1.17% of Total Investments)*** | ***Aerospace & Defense - 2.01% (1.17% of Total Investments)*** |  |  |
| Amentum Government Services Holdings LLC TLD 1L | 8.12% | 3M SOFR + 4.00% | &nbsp;&nbsp;02/15/2029 | 1868703 | 1816734 |
| Constellis Holdings LLC, Priority | 11.88% | 1M US L + 7.50% | &nbsp;&nbsp;03/27/2024 | 119765 | 99105 |
| Peraton Corp., B | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;02/01/2028 | 1101188 | 1073428 |
| Spirit AeroSystems, Inc. TL 1L<sup>(g)</sup> | N/A | L + 8.45% | &nbsp;&nbsp;01/15/2027 | 114656 | 113617 |
| TransDigm Inc., TLH | 7.57% | 3M SOFR + 3.25% | &nbsp;&nbsp;02/22/2027 | 75739 | 75370 |
| Vertex Aerospace 11/21 | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;12/06/2028 | 1348572 | 1322869 |
| Total Aerospace & Defense |  |  |  | 4628623 | 4501123 |
| ***Air Freight & Logistics - 0.55% (0.32% of Total Investments)*** | ***Air Freight & Logistics - 0.55% (0.32% of Total Investments)*** | ***Air Freight & Logistics - 0.55% (0.32% of Total Investments)*** |  |  |  |
| Brown Group Hldg TLB2 1L | 7.84% | 1M SOFR + 3.75% | &nbsp;&nbsp;07/02/2029 | 286046 | 284750 |
| LaserShip, Inc., Initial | 9.23% | 3M US L + 4.50% | &nbsp;&nbsp;05/07/2028 | 1324449 | 943113 |
| Total Air Freight & Logistics |  |  |  | 1610495 | 1227863 |
| ***Airlines - 0.80% (0.47% of Total Investments)*** | ***Airlines - 0.80% (0.47% of Total Investments)*** |  |  |  |  |
| United AirLines, Inc., Class B | 8.11% | 3M US L + 3.75% | &nbsp;&nbsp;04/21/2028 | 1817858 | 1791608 |
| ***Auto Components - 1.93% (1.12% of Total Investments)*** | ***Auto Components - 1.93% (1.12% of Total Investments)*** | ***Auto Components - 1.93% (1.12% of Total Investments)*** |  |  |  |
| Dealer Tire Financial LLC, B-1 | 8.82% | 1M US L + 4.25% | &nbsp;&nbsp;12/12/2025 | 1101959 | 1085980 |
| First Brands Group, LLC, Refinanced | 8.37% | 6M SOFR + 5.00% | &nbsp;&nbsp;03/30/2027 | 570021 | 538100 |
| FIRST BRANDS GROUP, LLC, TL<sup>(g)</sup> | N/A | L + 9.79% | &nbsp;&nbsp;03/30/2027 | 486473 | 457892 |
| Gopher Resource, Llc Tlb | 7.63% | 1M US L + 3.25% | &nbsp;&nbsp;03/06/2025 | 492229 | 327333 |
| IXS Holdings, Inc., Initial | 7.82% | 3M US L + 4.25% | &nbsp;&nbsp;03/05/2027 | 1615295 | 1264776 |
| LS Group Opco Acquisition LLC, Initial | 6.58% | 3M US L + 3.25% | &nbsp;&nbsp;11/02/2027 | 321531 | 316306 |
| LTR Intermediate Holdings, Inc., Initial | 9.18% | 3M US L + 4.50% | &nbsp;&nbsp;05/05/2028 | 367298 | 333477 |
| Total Auto Components |  |  |  | 4954806 | 4323864 |
| ***Automobiles - 0.55% (0.32% of Total Investments)*** | ***Automobiles - 0.55% (0.32% of Total Investments)*** | ***Automobiles - 0.55% (0.32% of Total Investments)*** |  |  |  |
| American Axle & Manufacturing, Inc., TLB | 7.90% | 1M SOFR + 3.50% | &nbsp;&nbsp;12/13/2029 | 227005 | 221709 |
| Driven Holdings LLC, TLB | 7.74% | 3M US L + 3.00% | &nbsp;&nbsp;12/17/2028 | 97928 | 92542 |
| RVR Dealership Holdings LLC, B | 8.17% | 1M SOFR + 3.75% | &nbsp;&nbsp;02/08/2028 | 1004830 | 922766 |
| Total Automobiles |  |  |  | 1329763 | 1237017 |
| ***Banks - 0.19% (0.11% of Total Investments)*** | ***Banks - 0.19% (0.11% of Total Investments)*** | ***Banks - 0.19% (0.11% of Total Investments)*** |  |  |  |
| Blackstone Mortgage Trust, Inc. | 7.82% | 1M SOFR + 3.50% | &nbsp;&nbsp;05/09/2029 | 444950 | 434939 |
| ***Beverages - 0.12% (0.07% of Total Investments)*** | ***Beverages - 0.12% (0.07% of Total Investments)*** |  |  |  |  |
| Triton Water Holdings, Inc., Initial | 8.23% | 3M US L + 3.50% | &nbsp;&nbsp;03/31/2028 | 294672 | 273013 |
| ***Building Products - 1.69% (0.98% of Total Investments)*** | ***Building Products - 1.69% (0.98% of Total Investments)*** | ***Building Products - 1.69% (0.98% of Total Investments)*** |  |  |  |
| Cornerstone Building Brands, Inc., Tranche B | 7.57% | 1M US L + 3.25% | &nbsp;&nbsp;04/12/2028 | 383448 | 342776 |
| Foundation Building Materials, Inc., Initial | 7.66% | 3M US L + 3.25% | &nbsp;&nbsp;01/31/2028 | 222779 | 210359 |
| LHS Borrower | 8.94% | 1M SOFR + 4.75% | &nbsp;&nbsp;02/16/2029 | 911166 | 741461 |
| Osmosis Buyer, Ltd., Initial B | 7.97% | 1M SOFR + 3.75% | &nbsp;&nbsp;07/31/2028 | 1288930 | 1212135 |
| Park River Holdings, Inc., Initial | 6.99% | 3M US L + 3.25% | &nbsp;&nbsp;12/28/2027 | 94868 | 82653 |
| Snap One 11/21 Cov-Lite TLB | 8.88% | 1M US L + 4.50% | &nbsp;&nbsp;12/08/2028 | 756540 | 690342 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | | |
| ***Building Products (continued)*** | ***Building Products (continued)*** |  |  | | |
| Visual Comfort Group, Inc. (fka VC GB Holdings, Inc.)(aka Visual Comfort Generation Brands), Initial 1st Lien Term Loan | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;07/21/2028 | $321428 | $288884 |
| White Cap Buyer LLC, Initial Closing Date | 8.07% | 1M SOFR + 3.75% | &nbsp;&nbsp;10/19/2027 | 218134 | 210578 |
| Total Building Products |  |  |  | 4197293 | 3779188 |
| ***Capital Markets - 0.73% (0.42% of Total Investments)*** | ***Capital Markets - 0.73% (0.42% of Total Investments)*** | ***Capital Markets - 0.73% (0.42% of Total Investments)*** |  |  |  |
| Hudson River Trading LLC, Term Loan | 7.44% | 3M SOFR + 3.00% | &nbsp;&nbsp;03/20/2028 | 1725592 | 1628838 |
| ***Chemicals - 2.62% (1.52% of Total Investments)*** | ***Chemicals - 2.62% (1.52% of Total Investments)*** | ***Chemicals - 2.62% (1.52% of Total Investments)*** |  |  |  |
| Ascend Performance Materials Operations LLC, 2021 Refinancing | 8.83% | 3M US L + 4.75% | &nbsp;&nbsp;08/27/2026 | 362178 | 340175 |
| CP Iris Holdco I, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Initial | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;10/02/2028 | 271746 | 200277 |
| CPC Acquisition Corp., Initial | 8.48% | 3M US L + 3.75% | &nbsp;&nbsp;12/29/2027 | 110101 | 79163 |
| Discovery Purchaser Corporation TL 1L | 7.97% | 1M SOFR + 4.38% | &nbsp;&nbsp;10/04/2029 | 657246 | 597601 |
| Herens Holdco S.a r.l., Facility B | 8.73% | 3M US L + 4.00% | &nbsp;&nbsp;07/03/2028 | 601519 | 549638 |
| Hexion Holdings Corp. TL 1L | 8.93% | 3M SOFR + 4.50% | &nbsp;&nbsp;03/15/2029 | 848324 | 726165 |
| Ineos US Finance LLC, TLB | 8.17% | 1M SOFR + 3.75% | &nbsp;&nbsp;11/08/2027 | 240394 | 236274 |
| LSF11 A5 HoldCo, LLC TLB 1L | 7.94% | 1M SOFR + 3.50% | &nbsp;&nbsp;10/15/2028 | 548210 | 528886 |
| Lummus Technology Holdings V LLC, 2021 Refinancing B | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;06/30/2027 | 49224 | 47053 |
| Olympus Water US Holding Corp. |  |  |  |  |  |
| Olympus Water US Holding Corporation TLB | 9.18% | 3M SOFR + 4.50% | &nbsp;&nbsp;11/09/2028 | 331744 | 320797 |
| Olympus Water US Holding Corporation | 8.50% | 3M US L + 3.75% | &nbsp;&nbsp;11/09/2028 | 345899 | 331295 |
| PMHC II, Inc. TL | 8.49% | 3M SOFR + 4.25% | &nbsp;&nbsp;04/21/2029 | 1442883 | 1215773 |
| Polar US Borrower LLC, Initial | 9.09% | 3M US L + 4.75% | &nbsp;&nbsp;10/15/2025 | 852581 | 684622 |
| Total Chemicals |  |  |  | 6662049 | 5857719 |
| ***Commercial Services & Supplies - 2.21% (1.29% of Total Investments)*** | ***Commercial Services & Supplies - 2.21% (1.29% of Total Investments)*** | ***Commercial Services & Supplies - 2.21% (1.29% of Total Investments)*** |  |  |  |
| Allied Universal Holdco LLC, Initial U.S. Dollar | 7.82% | 1M US L + 3.75% | &nbsp;&nbsp;05/12/2028 | 977107 | 926425 |
| Ankura Consulting Group LLC, Closing Date | 8.94% | 1M SOFR + 4.50% | &nbsp;&nbsp;03/17/2028 | 176571 | 165535 |
| BRIGHTVIEW LANDSCAPES, LLC TLB1L | 7.57% | 1M SOFR + 3.25% | &nbsp;&nbsp;04/20/2029 | 1269145 | 1219965 |
| Garda World Security Corporation TLB 1L | 8.53% | 3M SOFR + 4.25% | &nbsp;&nbsp;02/01/2029 | 1295939 | 1244102 |
| Viad Corp, Initial | 9.38% | 1M US L + 5.00% | &nbsp;&nbsp;07/30/2028 | 1481250 | 1392375 |
| Total Commercial Services & Supplies |  |  |  | 5200012 | 4948402 |
| ***Communications Equipment - 0.52% (0.30% of Total Investments)*** | ***Communications Equipment - 0.52% (0.30% of Total Investments)*** | ***Communications Equipment - 0.52% (0.30% of Total Investments)*** |  |  |  |
| Casa Systems, Inc., Initial | 8.07% | 1M US L + 4.00% | &nbsp;&nbsp;12/20/2023 | 896599 | 780041 |
| Global Tel\*Link Corp., 2018 | 8.59% | 3M SOFR + 4.25% | &nbsp;&nbsp;11/29/2025 | 445473 | 382830 |
| Total Communications Equipment |  |  |  | 1342072 | 1162871 |
| ***Construction & Engineering - 1.40% (0.81% of Total Investments)*** | ***Construction & Engineering - 1.40% (0.81% of Total Investments)*** | ***Construction & Engineering - 1.40% (0.81% of Total Investments)*** |  |  |  |
| BROOKFIELD WEC HOLDINGS INC.TL 1L | 8.07% | 1M SOFR + 3.75% | &nbsp;&nbsp;08/01/2025 | 304867 | 303248 |
| DG Investment Intermediate Hlgds, Inc. TL 1L | 17.44% | 1M SOFR + 4.75% | &nbsp;&nbsp;03/31/2028 | 1475020 | 1414176 |
| DG Investment Intermediate Holdings 2, Inc., Initial | 7.82% | 1M US L + 3.75% | &nbsp;&nbsp;03/31/2028 | 85067 | 81239 |
| TRC Companies 11/21 TL | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;12/08/2028 | 1392799 | 1328033 |
| Total Construction & Engineering |  |  |  | 3257753 | 3126696 |
| ***Construction Materials - 0.36% (0.21% of Total Investments)*** | ***Construction Materials - 0.36% (0.21% of Total Investments)*** | ***Construction Materials - 0.36% (0.21% of Total Investments)*** |  |  |  |
| Schweitzer-Mauduit International, Inc., B | 8.19% | 1M US L + 3.75% | &nbsp;&nbsp;04/20/2028 | 490676 | 458782 |
| Smyrna Ready Mix Concrete, LLC TLB 1L | 8.67% | 1M SOFR + 4.25% | &nbsp;&nbsp;04/02/2029 | 361013 | 352891 |
| Total Construction Materials |  |  |  | 851689 | 811673 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**<u>Coupon<sup>(a)</sup></u>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | | |
| ***Containers & Packaging - 3.62% (2.11% of Total Investments)*** | ***Containers & Packaging - 3.62% (2.11% of Total Investments)*** | ***Containers & Packaging - 3.62% (2.11% of Total Investments)*** | ***Containers & Packaging - 3.62% (2.11% of Total Investments)*** | | |
| Clydesdale Acquisition Holdings, Inc. | 8.36% | 1M SOFR + 4.18% | &nbsp;&nbsp;04/13/2029 | $2548981 | $2422602 |
| LABL, INC. TL 1L | 9.38% | 1M US L + 5.00% | &nbsp;&nbsp;10/29/2028 | 962160 | 910713 |
| Pactiv Evergreen Group Holdings, Inc., Tranche B-3 U.S. | 7.63% | 1M US L + 3.25% | &nbsp;&nbsp;09/24/2028 | 80654 | 79456 |
| Pelican Products, Inc. TL | 8.71% | 3M US L + 4.25% | &nbsp;&nbsp;12/29/2028 | 486353 | 432855 |
| Pregis TopCo LLC, Initial | 7.99% | 1M US L + 3.75% | &nbsp;&nbsp;07/31/2026 | 1118139 | 1084874 |
| Pretium PKG Holdings, Inc., Initial | 7.99% | 3M US L + 4.00% | &nbsp;&nbsp;10/02/2028 | 354415 | 281508 |
| ProAmpac PG Borrower LLC, 2020-1 | 7.87% | 3M US L + 3.75% | &nbsp;&nbsp;11/03/2025 | 77327 | 73815 |
| RLG Holdings LLC, Closing Date Initial | 8.38% | 1M US L + 4.00% | &nbsp;&nbsp;07/07/2028 | 1656637 | 1555864 |
| Sabert Corp., Initial | 8.94% | 1M US L + 4.50% | &nbsp;&nbsp;12/10/2026 | 1267493 | 1254818 |
| Total Containers & Packaging |  |  |  | 8552159 | 8096505 |
| ***Distributors - 0.63% (0.37% of Total Investments)*** | ***Distributors - 0.63% (0.37% of Total Investments)*** | ***Distributors - 0.63% (0.37% of Total Investments)*** |  |  |  |
| American Tire Distributors, Inc., TLB | 10.61% | 3M US L + 6.25% | &nbsp;&nbsp;10/20/2028 | 497700 | 452907 |
| BCPE Empire Holdings, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Initial | 8.38% | 1M US L + 4.00% | &nbsp;&nbsp;06/11/2026 | 333786 | 324190 |
| &nbsp;&nbsp;&nbsp;Term Loans | 9.05% | 1M SOFR + 4.63% | &nbsp;&nbsp;06/11/2026 | 101308 | 98269 |
| Ingram Micro, Inc., Initial | 8.23% | 3M US L + 3.50% | &nbsp;&nbsp;06/30/2028 | 541979 | 532494 |
| Total Distributors |  |  |  | 1474773 | 1407860 |
| ***Diversified Consumer Services - 3.68% (2.14% of Total Investments)*** | ***Diversified Consumer Services - 3.68% (2.14% of Total Investments)*** | ***Diversified Consumer Services - 3.68% (2.14% of Total Investments)*** |  |  |  |
| KUEHG Corp, B-3 | 8.48% | 3M US L + 3.75% | &nbsp;&nbsp;02/21/2025 | 1963387 | 1881043 |
| Learning Care Group No. 2, Inc., 2020 Incremental | 12.98% | 3M US L + 8.50% | &nbsp;&nbsp;03/13/2025 | 382153 | 370689 |
| LifeMiles, Ltd., Initial | 9.98% | 3M US L + 5.25% | &nbsp;&nbsp;08/30/2026 | 73798 | 68337 |
| Pug LLC, B-2 | 8.63% | 1M US L + 4.25% | &nbsp;&nbsp;02/12/2027 | 1511736 | 1247183 |
| Sabre GLBL Inc., TLB 1L |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2022 Term B Loans | 8.67% | 1M SOFR + 4.25% | &nbsp;&nbsp;06/30/2028 | 63944 | 58269 |
| &nbsp;&nbsp;&nbsp;2022 Term B-2 Loans | 9.42% | 1M SOFR + 5.00% | &nbsp;&nbsp;06/30/2028 | 310435 | 285408 |
| Sabre GLBL, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2021 Other B-1 | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;12/17/2027 | 179825 | 163191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2021 Other B-2 | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;12/17/2027 | 286652 | 260137 |
| Seren BidCo AB TL 1L | 9.25% | 3M US L + 4.00% | &nbsp;&nbsp;11/16/2028 | 669935 | 648162 |
| SkyMiles IP, Ltd., Initial | 7.99% | 3M US L + 3.75% | &nbsp;&nbsp;10/20/2027 | 95123 | 96835 |
| Spin Holdco, Inc., Initial | 8.77% | 3M US L + 4.00% | &nbsp;&nbsp;03/04/2028 | 1424625 | 1196329 |
| St. George's University Scholastic Services LLC, Initial Term Loans | 7.63% | 1M US L + 3.25% | &nbsp;&nbsp;02/10/2029 | 72470 | 70350 |
| Staples, Inc., 2019 Refinancing New B-1 | 9.44% | 3M US L + 5.00% | &nbsp;&nbsp;04/16/2026 | 962809 | 888461 |
| The Knot WorldWide Inc. Tl 1L | 8.92% | 1M SOFR + 4.50% | &nbsp;&nbsp;12/19/2025 | 847844 | 835127 |
| TruGreen LP, Second Refinancing | 8.38% | 1M US L + 4.00% | &nbsp;&nbsp;11/02/2027 | 180074 | 159478 |
| Total Diversified Consumer Services |  |  |  | 9024810 | 8228999 |
| ***Diversified Financial Services - 2.67% (1.55% of Total Investments)*** | ***Diversified Financial Services - 2.67% (1.55% of Total Investments)*** | ***Diversified Financial Services - 2.67% (1.55% of Total Investments)*** |  |  |  |
| Edelman Financial Center LLC, Initial (2021) | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;04/07/2028 | 424070 | 394703 |
| FOCUS FINANCIAL PARTNERS, LLC, TLB | 7.33% | 1M SOFR + 3.25% | &nbsp;&nbsp;06/30/2028 | 1033850 | 1020069 |
| Galaxy US Opco Inc. TL | 9.07% | 1M SOFR + 4.75% | &nbsp;&nbsp;04/29/2029 | 616964 | 556810 |
| HighTower Holding LLC, Initial | 8.28% | 3M US L + 4.00% | &nbsp;&nbsp;04/21/2028 | 557494 | 509176 |
| Mercury Borrower, Inc., TL | 8.25% | 3M US L + 3.50% | &nbsp;&nbsp;08/02/2028 | 254757 | 242763 |
| Nexus Buyer LLC, B | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;11/09/2026 | 346963 | 331721 |
| Paysafe Holdings US Corp., Facility B1 | 7.13% | 1M US L + 2.75% | &nbsp;&nbsp;06/28/2028 | 145427 | 138368 |
| VeriFone Systems, Inc., Initial | 8.36% | 3M US L + 4.00% | &nbsp;&nbsp;08/20/2025 | 2955271 | 2704546 |
| VFH Parent LLC TLB 1L | 7.42% | 1M SOFR + 3.00% | &nbsp;&nbsp;01/13/2029 | 75641 | 73485 |
| Total Diversified Financial Services |  |  |  | 6410437 | 5971641 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | | |
| ***Diversified Telecommunication Services - 4.76% (2.77% of Total Investments)*** | ***Diversified Telecommunication Services - 4.76% (2.77% of Total Investments)*** | ***Diversified Telecommunication Services - 4.76% (2.77% of Total Investments)*** | ***Diversified Telecommunication Services - 4.76% (2.77% of Total Investments)*** | | |
| Altice Financing S.A. TL 1L | 9.57% | 3M SOFR + 5.00% | &nbsp;&nbsp;10/28/2027 | $923198 | $881654 |
| Altice Financing S.A. TL1L | 6.83% | 1M US L + 2.75% | &nbsp;&nbsp;01/31/2026 | 496084 | 476240 |
| Altice France S.A., USD TLB-13 Incremental | 8.65% | 3M US L + 4.00% | &nbsp;&nbsp;08/14/2026 | 2262613 | 2099524 |
| Altice France SA | 7.77% | 3M US L + 3.69% | &nbsp;&nbsp;01/31/2026 | 495432 | 457863 |
| Consolidated Communications, Inc., B-1 | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;10/02/2027 | 700484 | 616279 |
| DIRECTV Financing LLC, Closing Date | 9.38% | 1M US L + 5.00% | &nbsp;&nbsp;08/02/2027 | 1916655 | 1861954 |
| Intelsat Jackson Holdings S.A. | 7.44% | 6M SOFR + 4.25% | &nbsp;&nbsp;02/01/2029 | 878931 | 846912 |
| LCPR Loan Financing LLC, 2021 Additional | 8.07% | 1M US L + 3.75% | &nbsp;&nbsp;10/16/2028 | 583258 | 577063 |
| Sorenson Communications LLC, 2021 | 10.23% | 3M US L + 5.50% | &nbsp;&nbsp;03/17/2026 | 180412 | 171505 |
| Syniverse Holdings, Inc.TL 1L | 10.55% | 3M SOFR + 7.00% | &nbsp;&nbsp;05/13/2027 | 429476 | 373107 |
| Viasat, Inc. | 8.70% | 1M SOFR + 4.50% | &nbsp;&nbsp;03/04/2029 | 595387 | 578085 |
| Windstream Services II LLC, Initial | 10.44% | 1M US L + 6.25% | &nbsp;&nbsp;09/21/2027 | 1433734 | 1293945 |
| Xplornet Communications, Inc. TL 1L | 8.38% | 1M US L + 4.00% | &nbsp;&nbsp;10/02/2028 | 139921 | 108205 |
| Zacapa S.a.r.l. TL 1L | 8.83% | 3M SOFR + 4.25% | &nbsp;&nbsp;03/22/2029 | 309309 | 296615 |
| Total Diversified Telecommunication Services |  |  |  | 11344894 | 10638951 |
| ***Electric Utilities - 0.16% (0.09% of Total Investments)*** | ***Electric Utilities - 0.16% (0.09% of Total Investments)*** | ***Electric Utilities - 0.16% (0.09% of Total Investments)*** |  |  |  |
| Generation Bridge Acquisition LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;B | 9.73% | 3M US L + 5.00% | &nbsp;&nbsp;12/01/2028 | 344111 | 340670 |
| &nbsp;&nbsp;&nbsp;C | 9.73% | 3M US L + 5.00% | &nbsp;&nbsp;12/01/2028 | 7560 | 7484 |
| Total Electric Utilities |  |  |  | 351671 | 348154 |
| ***Electrical Equipment - 0.36% (0.21% of Total Investments)*** | ***Electrical Equipment - 0.36% (0.21% of Total Investments)*** | ***Electrical Equipment - 0.36% (0.21% of Total Investments)*** |  |  |  |
| Energy Acquisition LP |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Initial | 8.63% | 1M US L + 4.25% | &nbsp;&nbsp;06/26/2025 | 709350 | 631989 |
| &nbsp;&nbsp;&nbsp;Tranche B<sup>(h)</sup> | 7.50% | N/A | &nbsp;&nbsp;06/26/2025 | 183748 | 163076 |
| Total Electrical Equipment |  |  |  | 893098 | 795065 |
| ***Electronic Equipment, Instruments & Components - 1.11% (0.64% of Total Investments)*** | ***Electronic Equipment, Instruments & Components - 1.11% (0.64% of Total Investments)*** | ***Electronic Equipment, Instruments & Components - 1.11% (0.64% of Total Investments)*** | ***Electronic Equipment, Instruments & Components - 1.11% (0.64% of Total Investments)*** |  |  |
| Infinite Bidco LLC, Initial | 7.98% | 3M US L + 3.25% | &nbsp;&nbsp;03/02/2028 | 1237609 | 1182944 |
| Mavenir Systems, Inc., Initial | 9.42% | 3M US L + 4.75% | &nbsp;&nbsp;08/18/2028 | 486314 | 392699 |
| Natel Engineering Company, Inc., Initial | 10.42% | 3M US L + 6.25% | &nbsp;&nbsp;04/30/2026 | 505451 | 469650 |
| Triton Solar US Acquisition Co., Initial | 10.18% | 3M US L + 6.00% | &nbsp;&nbsp;10/29/2024 | 237314 | 189851 |
| Xperi Holding Corp., Initial B | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;06/08/2028 | 244332 | 235169 |
| Total Electronic Equipment, Instruments & Components |  |  |  | 2711020 | 2470313 |
| ***Energy Equipment & Services - 0.40% (0.23% of Total Investments)*** | ***Energy Equipment & Services - 0.40% (0.23% of Total Investments)*** | ***Energy Equipment & Services - 0.40% (0.23% of Total Investments)*** | ***Energy Equipment & Services - 0.40% (0.23% of Total Investments)*** |  |  |
| Lealand Finance Company B.V. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Make-Whole | 7.07% | 3M US L + 3.00% | &nbsp;&nbsp;06/30/2024 | 8469 | 5293 |
| &nbsp;&nbsp;&nbsp;Take-Back | 5.38% | 3M US L + 1.00% | &nbsp;&nbsp;06/30/2025 | 47934 | 25096 |
| Par Petroleum LLC, Closing Date | 10.58% | 3M US L + 6.75% | &nbsp;&nbsp;01/12/2026 | 303013 | 297459 |
| WaterBridge Midstream Operating LLC, Initial | 9.13% | 3M US L + 5.75% | &nbsp;&nbsp;06/22/2026 | 586440 | 562431 |
| Total Energy Equipment & Services |  |  |  | 945856 | 890279 |
| ***Food & Staples Retailing - 0.38% (0.22% of Total Investments)*** | ***Food & Staples Retailing - 0.38% (0.22% of Total Investments)*** | ***Food & Staples Retailing - 0.38% (0.22% of Total Investments)*** |  |  |  |
| Rent-A-Center, Inc. | 7.69% | 3M US L + 3.25% | &nbsp;&nbsp;02/17/2028 | 890092 | 855601 |
| ***Food Products - 0.68% (0.40% of Total Investments)*** | ***Food Products - 0.68% (0.40% of Total Investments)*** |  |  |  |  |
| Chill Merger Sub, Inc. | 8.23% | 3M US L + 3.50% | &nbsp;&nbsp;03/20/2024 | 1250000 | 1096875 |
| Pacific Bells LLC, Initial Term | 9.34% | 3M SOFR + 4.50% | &nbsp;&nbsp;11/10/2028 | 363339 | 340329 |
| Whole Earth Brands, Inc., Term Loan | 9.23% | 3M SOFR + 4.50% | &nbsp;&nbsp;02/05/2028 | 99348 | 90904 |
| Total Food Products |  |  |  | 1712687 | 1528108 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | | |
| ***Health Care Equipment & Supplies - 1.18% (0.69% of Total Investments)*** | ***Health Care Equipment & Supplies - 1.18% (0.69% of Total Investments)*** | ***Health Care Equipment & Supplies - 1.18% (0.69% of Total Investments)*** | ***Health Care Equipment & Supplies - 1.18% (0.69% of Total Investments)*** | | |
| Bausch & Lomb Inc TL 1L | 7.84% | 1M SOFR + 3.25% | &nbsp;&nbsp;05/10/2027 | $1437017 | $1364275 |
| Curium BidCo S.a r.l., Term Loan | 8.98% | 3M US L + 4.25% | &nbsp;&nbsp;12/02/2027 | 420130 | 408576 |
| Medplast Holdings, Inc., Initial Term Loan (Late June/Early July) | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;07/02/2025 | 979540 | 860565 |
| Total Health Care Equipment & Supplies |  |  |  | 2836687 | 2633416 |
| ***Health Care Providers & Services - 4.94% (2.87% of Total Investments)*** | ***Health Care Providers & Services - 4.94% (2.87% of Total Investments)*** | ***Health Care Providers & Services - 4.94% (2.87% of Total Investments)*** |  |  |  |
| Accelerated Health Systems, LLC TLB 1L | 8.98% | 3M SOFR + 4.25% | &nbsp;&nbsp;02/15/2029 | 306613 | 247973 |
| AEA International Holdings S.a.r.l., Initial | 8.50% | 3M US L + 3.75% | &nbsp;&nbsp;09/07/2028 | 215062 | 212374 |
| Cambrex Corp., Tranche B-2 Dollar | 7.92% | 1M SOFR + 3.50% | &nbsp;&nbsp;12/04/2026 | 248492 | 240975 |
| Corgi Bidco, INC. TL 1L | 8.78% | 3M SOFR + 5.00% | &nbsp;&nbsp;10/13/2029 | 1251650 | 1169667 |
| Curia Global, Inc., 2021 | 8.16% | 3M US L + 3.75% | &nbsp;&nbsp;08/30/2026 | 152107 | 124569 |
| Envision Healthcare Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;New Money First Out Term Loan | 12.01% | 3M SOFR + 7.79% | &nbsp;&nbsp;03/31/2027 | 114324 | 101320 |
| &nbsp;&nbsp;&nbsp;Second Out Term Loan | 8.37% | 3M SOFR + 4.25% | &nbsp;&nbsp;03/31/2027 | 808908 | 275029 |
| Eyecare Partners LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Amendment No. 1 | 8.48% | 3M US L + 3.75% | &nbsp;&nbsp;11/15/2028 | 962686 | 807212 |
| &nbsp;&nbsp;&nbsp;Initial | 8.48% | 3M US L + 3.75% | &nbsp;&nbsp;02/18/2027 | 477510 | 380418 |
| Global Medical Response, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2018 New | 8.63% | 1M US L + 4.25% | &nbsp;&nbsp;03/14/2025 | 645471 | 454250 |
| &nbsp;&nbsp;&nbsp;2020 Refinancing | 8.42% | 1M US L + 4.25% | &nbsp;&nbsp;10/02/2025 | 1120224 | 780662 |
| Heartland Dental LLC, 2021 Incremental | 8.39% | 1M US L + 4.00% | &nbsp;&nbsp;04/30/2025 | 640723 | 594271 |
| Heartland Dental, LLC, Initial | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;04/30/2025 | 488500 | 450397 |
| Hunter Holdco 3, Ltd., Initial Dollar | 8.98% | 3M US L + 4.25% | &nbsp;&nbsp;08/19/2028 | 474011 | 463938 |
| Midwest Veterinary Partners LLC, Initial | 7.37% | 3M US L + 4.00% | &nbsp;&nbsp;04/27/2028 | 1529167 | 1360959 |
| Parexel International Corp. | 7.32% | 3M US L + 3.25% | &nbsp;&nbsp;11/15/2028 | 996275 | 957809 |
| Pathway Vet Alliance LLC, 2021 Replacement | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;03/31/2027 | 297290 | 245882 |
| Radiology Partners, Inc., B | 8.64% | 1M US L + 4.25% | &nbsp;&nbsp;07/09/2025 | 705573 | 590036 |
| Sharp MidCo, LLC TL 1L | 8.73% | 3M US L + 4.00% | &nbsp;&nbsp;12/31/2028 | 348273 | 329118 |
| Southern Veterinary Partners LLC, Initial | 8.38% | 1M US L + 4.00% | &nbsp;&nbsp;10/05/2027 | 90327 | 86337 |
| Summit Behavioral 11/21 | 9.45% | 3M US L + 4.75% | &nbsp;&nbsp;11/24/2028 | 726292 | 682715 |
| WCG Purchaser Corp., Initial | 8.38% | 1M US L + 4.00% | &nbsp;&nbsp;01/08/2027 | 535538 | 484662 |
| Total Health Care Providers & Services |  |  |  | 13135016 | 11040573 |
| ***Health Care Technology - 3.29% (1.91% of Total Investments)*** | ***Health Care Technology - 3.29% (1.91% of Total Investments)*** | ***Health Care Technology - 3.29% (1.91% of Total Investments)*** | ***Health Care Technology - 3.29% (1.91% of Total Investments)*** |  |  |
| Athenahealth Group Inc. TLB 1L | 7.82% | 1M SOFR + 3.50% | &nbsp;&nbsp;02/15/2029 | 3265023 | 2939696 |
| Athenahealth Group Inc., 1L | 7.82% | 3M US L + 3.50% | &nbsp;&nbsp;02/15/2029 | 556175 | 83628 |
| Gainwell Acquisition Corp., B | 8.73% | 3M US L + 4.00% | &nbsp;&nbsp;10/01/2027 | 1983527 | 1857077 |
| MJH Healthcare Holdings, LLC L1 | 7.69% | 1M SOFR + 3.50% | &nbsp;&nbsp;01/28/2029 | 229273 | 219960 |
| TTF Holdings LLC, Initial | 8.13% | 3M US L + 4.00% | &nbsp;&nbsp;03/31/2028 | 717439 | 706677 |
| Waystar Technologies, Inc., Initial | 8.38% | 1M US L + 4.00% | &nbsp;&nbsp;10/22/2026 | 806557 | 791096 |
| Zelis Cost Management Buyer, Inc., B-1 | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;09/30/2026 | 757808 | 748260 |
| Total Health Care Technology |  |  |  | 8315802 | 7346394 |
| ***Hotels, Restaurants & Leisure - 3.70% (2.15% of Total Investments)*** | ***Hotels, Restaurants & Leisure - 3.70% (2.15% of Total Investments)*** | ***Hotels, Restaurants & Leisure - 3.70% (2.15% of Total Investments)*** | ***Hotels, Restaurants & Leisure - 3.70% (2.15% of Total Investments)*** |  |  |
| 19th Holdings Golf | 7.28% | 1M SOFR + 3.00% | &nbsp;&nbsp;02/07/2029 | 940135 | 860223 |
| Aimbridge Hsp Incre CL TLB | 9.10% | 1M US L + 4.75% | &nbsp;&nbsp;02/02/2026 | 246846 | 224245 |
| Alterra Mountain Co., Series B-2 | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;08/17/2028 | 525306 | 517758 |
| Arcis 11/21 Cov-Lite TLB | 8.63% | 1M US L + 4.25% | &nbsp;&nbsp;11/24/2028 | 307285 | 298835 |
| Carnival Corp., Initial Advance | 5.88% | 1M US L + 3.00% | &nbsp;&nbsp;06/30/2025 | 994898 | 951192 |
| CARNIVAL CORPORATION TLB 1L | 6.13% | 1M US L + 3.25% | &nbsp;&nbsp;10/18/2028 | 498741 | 465574 |
| Cinemark USA, Inc., Additional | 6.15% | 1M US L + 1.75% | &nbsp;&nbsp;03/31/2025 | 492121 | 472008 |
| Entain Holdings (Gibraltar) Limited, TLB | 7.51% | 3M SOFR + 3.60% | &nbsp;&nbsp;10/31/2029 | 564901 | 561608 |
| Fertitta Entertainment, LLC TLB 1L | 8.32% | 1M SOFR + 4.00% | &nbsp;&nbsp;01/27/2029 | 1581187 | 1500357 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | | |
| ***Hotels, Restaurants & Leisure (continued)*** | ***Hotels, Restaurants & Leisure (continued)*** | ***Hotels, Restaurants & Leisure (continued)*** | ***Hotels, Restaurants & Leisure (continued)*** | | |
| Flutter Financing B.V. TLB 1L | 7.01% | 1M SOFR + 3.25% | &nbsp;&nbsp;07/22/2028 | $452812 | $450235 |
| Herschend Entertainment Company LLC, Initial (2021) | 8.19% | 1M US L + 3.75% | &nbsp;&nbsp;08/27/2028 | 131733 | 130251 |
| MIC Glen LLC<sup>(g)</sup> | N/A | 1M US L + 3.50% | &nbsp;&nbsp;07/21/2028 | 386867 | 367384 |
| Playa Hotels & Resorts B.V., TLB | 8.75% | 3M SOFR + 4.25% | &nbsp;&nbsp;11/23/2028 | 633770 | 616741 |
| Travel + Leisure Co. | 8.61% | 6M SOFR + 4.50% | &nbsp;&nbsp;12/14/2029 | 147708 | 145123 |
| United PF Holdings LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Incremental Term Loan | 12.17% | 3M US L + 8.50% | &nbsp;&nbsp;12/30/2026 | 352800 | 310464 |
| &nbsp;&nbsp;&nbsp;Initial | 7.67% | 3M US L + 4.00% | &nbsp;&nbsp;12/30/2026 | 506933 | 408081 |
| Total Hotels, Restaurants & Leisure |  |  |  | 8764043 | 8280079 |
| ***Household Durables - 1.77% (1.03% of Total Investments)*** | ***Household Durables - 1.77% (1.03% of Total Investments)*** | ***Household Durables - 1.77% (1.03% of Total Investments)*** | ***Household Durables - 1.77% (1.03% of Total Investments)*** |  |  |
| At Home Group, Inc., Initial | 8.98% | 3M US L + 4.00% | &nbsp;&nbsp;07/24/2028 | 419669 | 328706 |
| Conair Holdings LLC, Initial | 8.48% | 3M US L + 3.75% | &nbsp;&nbsp;05/17/2028 | 759928 | 635490 |
| Hunter Douglas Inc. TLB 1L | 7.86% | 3M SOFR + 3.50% | &nbsp;&nbsp;02/26/2029 | 2240825 | 1962716 |
| Mattress Firm, Inc., 2021 | 8.43% | 6M US L + 4.25% | &nbsp;&nbsp;09/25/2028 | 591391 | 501943 |
| Weber-Stephen Products LLC, Initial B | 7.63% | 1M US L + 3.25% | &nbsp;&nbsp;10/30/2027 | 495393 | 416130 |
| Weber-Stephen Products LLC TLB 1L | 8.67% | 1M SOFR + 4.25% | &nbsp;&nbsp;10/30/2027 | 136352 | 115899 |
| Total Household Durables |  |  |  | 4643558 | 3960884 |
| ***Household Products - 0.81% (0.47% of Total Investments)*** | ***Household Products - 0.81% (0.47% of Total Investments)*** | ***Household Products - 0.81% (0.47% of Total Investments)*** | ***Household Products - 0.81% (0.47% of Total Investments)*** |  |  |
| Olaplex, Inc. TL 1L | 7.92% | 3M SOFR + 3.50% | &nbsp;&nbsp;02/23/2029 | 1179295 | 1096744 |
| Sunshine Luxembourg VII Sarl, Facility B3 | 8.48% | 3M US L + 3.75% | &nbsp;&nbsp;10/01/2026 | 740540 | 708038 |
| Total Household Products |  |  |  | 1919835 | 1804782 |
| ***Industrial Conglomerates - 1.28% (0.74% of Total Investments)*** | ***Industrial Conglomerates - 1.28% (0.74% of Total Investments)*** | ***Industrial Conglomerates - 1.28% (0.74% of Total Investments)*** | ***Industrial Conglomerates - 1.28% (0.74% of Total Investments)*** |  |  |
| Circor International, Inc. TLB | 5.00% | 3M US L + 9.88% | &nbsp;&nbsp;12/20/2028 | 301945 | 291755 |
| Madison IAQ LLC, Initial | 7.99% | 3M US L + 3.25% | &nbsp;&nbsp;06/21/2028 | 497310 | 461569 |
| Majordrive Holdings IV LLC, Initial | 8.81% | 3M US L + 4.00% | &nbsp;&nbsp;06/01/2028 | 252197 | 236435 |
| MajorDrive Holdings IV LLC | 10.05% | 3M SOFR + 5.50% | &nbsp;&nbsp;06/01/2029 | 295238 | 280476 |
| Redwood Star Merger Sub, Inc. | 8.92% | 1M SOFR + 4.50% | &nbsp;&nbsp;04/05/2029 | 1354916 | 1262497 |
| Star US Bidco LLC, Initial | 8.98% | 3M US L + 4.25% | &nbsp;&nbsp;03/17/2027 | 343040 | 325888 |
| Total Industrial Conglomerates |  |  |  | 3044646 | 2858620 |
| ***Insurance - 3.11% (1.81% of Total Investments)*** | ***Insurance - 3.11% (1.81% of Total Investments)*** | ***Insurance - 3.11% (1.81% of Total Investments)*** | ***Insurance - 3.11% (1.81% of Total Investments)*** |  |  |
| Acrisure LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;11/21 Incremental | 8.63% | 1M US L + 4.25% | &nbsp;&nbsp;02/15/2027 | 293454 | 283427 |
| &nbsp;&nbsp;&nbsp;2020 | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;02/15/2027 | 801389 | 750301 |
| &nbsp;&nbsp;&nbsp;2021-1 Additional | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;02/15/2027 | 681375 | 645814 |
| &nbsp;&nbsp;&nbsp;Term Loan<sup>(g)</sup> | N/A | L + 5.75% | &nbsp;&nbsp;02/15/2027 | 688359 | 681475 |
| AssuredPartners, Inc. | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;02/13/2027 | 1037996 | 1003742 |
| ASSUREDPARTNERS, INC. TLB4 1L<sup>(g)</sup> | N/A | L + 4.25% | &nbsp;&nbsp;02/12/2027 | 97459 | 96668 |
| Asurion LLC, New B-9 | 7.63% | 1M US L + 3.25% | &nbsp;&nbsp;07/31/2027 | 1308184 | 1142214 |
| Asurion LLC TLB 1L | 8.68% | 1M SOFR + 4.00% | &nbsp;&nbsp;08/19/2028 | 481619 | 428761 |
| Baldwin Risk Partners LLC | 7.79% | 1M US L + 3.50% | &nbsp;&nbsp;10/14/2027 | 419084 | 407211 |
| MIC Glen LLC | 8.22% | 1M US L + 4.00% | &nbsp;&nbsp;11/09/2029 | 281649 | 278286 |
| OneDigital Borrower, LLC TL 1L | 8.49% | 3M SOFR + 4.25% | &nbsp;&nbsp;11/16/2027 | 1316405 | 1240712 |
| Total Insurance |  |  |  | 7406973 | 6958611 |
| ***Internet and Catalog Retail - 0.37% (0.21% of Total Investments)*** | ***Internet and Catalog Retail - 0.37% (0.21% of Total Investments)*** | ***Internet and Catalog Retail - 0.37% (0.21% of Total Investments)*** | ***Internet and Catalog Retail - 0.37% (0.21% of Total Investments)*** |  |  |
| Shutterfly LLC, 2021 Refinancing B | 9.07% | 1M US L + 5.00% | &nbsp;&nbsp;09/25/2026 | 665153 | 374668 |
| Titan Acquisition Co New Zealand Limited TL 1L | 8.73% | 3M US L + 4.00% | &nbsp;&nbsp;10/18/2028 | 462682 | 441477 |
| Total Internet and Catalog Retail |  |  |  | 1127835 | 816145 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | | |
| ***IT Services - 2.29% (1.33% of Total Investments)*** | ***IT Services - 2.29% (1.33% of Total Investments)*** | ***IT Services - 2.29% (1.33% of Total Investments)*** | ***IT Services - 2.29% (1.33% of Total Investments)*** | | |
| Avaya Holdings Corp. | 14.34% | 1M SOFR + 10.00% | &nbsp;&nbsp;12/15/2027 | $260870 | $154565 |
| Avaya, Inc., Tranche B-2 | 8.32% | 1M US L + 4.00% | &nbsp;&nbsp;12/15/2027 | 850084 | 286478 |
| Constant Contact, Inc. | 7.91% | 3M US L + 4.00% | &nbsp;&nbsp;02/10/2028 | 1669196 | 1462633 |
| Endurance International Group Holdings, Inc., Initial | 7.72% | 1M US L + 3.50% | &nbsp;&nbsp;02/10/2028 | 841358 | 754068 |
| Intrado Corp., Initial B | 8.41% | 3M US L + 4.00% | &nbsp;&nbsp;10/10/2024 | 208535 | 191591 |
| ION Trading Finance, Ltd., Initial Dollar (2021) | 9.48% | 3M US L + 4.75% | &nbsp;&nbsp;04/01/2028 | 1007638 | 952933 |
| Virtusa Corp. | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;02/11/2028 | 1179682 | 1135444 |
| Virtusa Corporation TL 1L | 8.17% | 1M SOFR + 3.75% | &nbsp;&nbsp;02/15/2029 | 188680 | 181605 |
| Total IT Services |  |  |  | 6206043 | 5119317 |
| ***Machinery - 1.50% (0.88% of Total Investments)*** | ***Machinery - 1.50% (0.88% of Total Investments)*** | ***Machinery - 1.50% (0.88% of Total Investments)*** | ***Machinery - 1.50% (0.88% of Total Investments)*** |  |  |
| Chart Industries, Inc., TLB<sup>(g)</sup> | N/A | L + 3.75% | &nbsp;&nbsp;12/07/2029 | 1138979 | 1125459 |
| ELEMENT MTRL TECH GP HLDG DTL | 7.84% | 3M US L + 4.25% | &nbsp;&nbsp;06/22/2029 | 322794 | 314724 |
| ELEMENT MTRL TECH GP HLDG TL | 7.90% | 3M SOFR + 4.25% | &nbsp;&nbsp;06/22/2029 | 699387 | 681902 |
| PRO MACH GROUP, INC, TLB<sup>(g)</sup> | N/A | L + 5.00% | &nbsp;&nbsp;08/31/2028 | 370370 | 355556 |
| Pro Mach Group, Inc., Closing Date Initial | 8.38% | 1M US L + 4.00% | &nbsp;&nbsp;08/31/2028 | 912525 | 886062 |
| Total Machinery |  |  |  | 3444055 | 3363703 |
| ***Media - 1.84% (1.07% of Total Investments)*** | ***Media - 1.84% (1.07% of Total Investments)*** | ***Media - 1.84% (1.07% of Total Investments)*** |  |  |  |
| Castle US Holding Corp., Initial Dollar | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;01/29/2027 | 1049167 | 638681 |
| Cimpress plc, Tranche B-1 | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;05/17/2028 | 163604 | 146366 |
| Creative Artists Agency LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Closing Date | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;11/27/2026 | 665627 | 659663 |
| &nbsp;&nbsp;&nbsp;Incremental B-1 | 8.63% | 1M US L + 4.25% | &nbsp;&nbsp;11/27/2026 | 366083 | 362802 |
| Cumulus Media New Holdings, Inc., Initial | 7.82% | 3M US L + 3.75% | &nbsp;&nbsp;03/31/2026 | 699859 | 653668 |
| Recorded Books, Inc., 2021 Replacement | 8.32% | 1M SOFR + 4.00% | &nbsp;&nbsp;08/29/2025 | 938541 | 916082 |
| United Talent Agency LLC, B | 8.44% | 3M SOFR + 4.00% | &nbsp;&nbsp;07/07/2028 | 740959 | 727992 |
| Total Media |  |  |  | 4623840 | 4105254 |
| ***Oil, Gas & Consumable Fuels - 0.66% (0.38% of Total Investments)*** | ***Oil, Gas & Consumable Fuels - 0.66% (0.38% of Total Investments)*** | ***Oil, Gas & Consumable Fuels - 0.66% (0.38% of Total Investments)*** | ***Oil, Gas & Consumable Fuels - 0.66% (0.38% of Total Investments)*** |  |  |
| Brazos Delaware II LLC, Initial | 8.35% | 1M US L + 4.00% | &nbsp;&nbsp;05/21/2025 | 668466 | 664710 |
| DELEK US HOLDINGS, INC. TLB<sup>(g)</sup> | N/A | L + 7.69% | &nbsp;&nbsp;11/19/2029 | 508570 | 488355 |
| M6 ETX HOLDINGS II MIDCO LLC TLB 1L | 9.16% | 1M SOFR + 4.50% | &nbsp;&nbsp;09/19/2029 | 283599 | 283332 |
| Permian Production Partners, LLC, Initial | 10.39% | 1M US L + 6.00% | &nbsp;&nbsp;11/20/2025 | 41933 | 41723 |
| Total Oil, Gas & Consumable Fuels |  |  |  | 1502568 | 1478120 |
| ***Personal Products - 0.42% (0.24% of Total Investments)*** | ***Personal Products - 0.42% (0.24% of Total Investments)*** | ***Personal Products - 0.42% (0.24% of Total Investments)*** | ***Personal Products - 0.42% (0.24% of Total Investments)*** |  |  |
| KDC/ONE Development Corp., Inc., Initial (2020) | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;12/22/2025 | 969773 | 933610 |
| ***Pharmaceuticals - 1.08% (0.63% of Total Investments)*** | ***Pharmaceuticals - 1.08% (0.63% of Total Investments)*** | ***Pharmaceuticals - 1.08% (0.63% of Total Investments)*** | ***Pharmaceuticals - 1.08% (0.63% of Total Investments)*** |  |  |
| Alvogen Pharma US, Inc. | 11.20% | 3M SOFR + 7.50% | &nbsp;&nbsp;06/30/2025 | 1576870 | 1371877 |
| Amneal Pharmaceuticals, LLC, Initial Term Loan | 8.09% | 1M US L + 3.50% | &nbsp;&nbsp;05/04/2025 | 970263 | 866823 |
| Endo Luxembourg Finance Company I S.a r.l., 2021 | 13.50% | 1M US L + 6.00% | &nbsp;&nbsp;03/27/2028 | 229232 | 182812 |
| Total Pharmaceuticals |  |  |  | 2776365 | 2421512 |
| ***Professional Services - 1.44% (0.84% of Total Investments)*** | ***Professional Services - 1.44% (0.84% of Total Investments)*** | ***Professional Services - 1.44% (0.84% of Total Investments)*** | ***Professional Services - 1.44% (0.84% of Total Investments)*** |  |  |
| AQ Carver Buyer, Inc., Initial | 9.38% | 1M US L + 5.00% | &nbsp;&nbsp;09/23/2025 | 453853 | 452719 |
| Conduent Business Services, LLC TLB 1L | 8.64% | 1M US L + 4.25% | &nbsp;&nbsp;10/16/2028 | 307979 | 293094 |
| Corporation Service Company TLB 1L | 7.44% | 1M SOFR + 3.25% | &nbsp;&nbsp;11/02/2029 | 351483 | 347090 |
| Equiniti Group PLC, TLB | 9.54% | 6M US L + 4.75% | &nbsp;&nbsp;12/11/2028 | 333313 | 329840 |
| UST Global, Inc. | 8.14% | 1M US L + 3.75% | &nbsp;&nbsp;11/20/2028 | 566347 | 551243 |
| Vaco Holdings, LLC TL 1L | 8.72% | 3M SOFR + 5.00% | &nbsp;&nbsp;01/21/2029 | 1288207 | 1237748 |
| Total Professional Services |  |  |  | 3301182 | 3211734 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | | |
| ***Real Estate Investment Trusts (REITs) - 0.21% (0.12% of Total Investments)*** | ***Real Estate Investment Trusts (REITs) - 0.21% (0.12% of Total Investments)*** | ***Real Estate Investment Trusts (REITs) - 0.21% (0.12% of Total Investments)*** | ***Real Estate Investment Trusts (REITs) - 0.21% (0.12% of Total Investments)*** | | |
| STARWOOD PROPERTY MORTGAGE, L.L.C | 7.57% | 1M SOFR + 3.25% | &nbsp;&nbsp;11/18/2027 | $478139 | $470221 |
| ***Real Estate Management & Development - 0.46% (0.27% of Total Investments)*** | ***Real Estate Management & Development - 0.46% (0.27% of Total Investments)*** | ***Real Estate Management & Development - 0.46% (0.27% of Total Investments)*** | ***Real Estate Management & Development - 0.46% (0.27% of Total Investments)*** |  |  |
| Forest City Enterprises LP, Replacement | 7.88% | 1M US L + 1.75% | &nbsp;&nbsp;12/08/2025 | 1068045 | 1025654 |
| ***Road & Rail - 0.13% (0.08% of Total Investments)*** | ***Road & Rail - 0.13% (0.08% of Total Investments)*** | ***Road & Rail - 0.13% (0.08% of Total Investments)*** | ***Road & Rail - 0.13% (0.08% of Total Investments)*** |  |  |
| Savage Enterprises LLC, Initial | 7.64% | 1M US L + 3.25% | &nbsp;&nbsp;09/15/2028 | 293079 | 290149 |
| ***Software - 9.38% (5.45% of Total Investments)*** | ***Software - 9.38% (5.45% of Total Investments)*** | ***Software - 9.38% (5.45% of Total Investments)*** | ***Software - 9.38% (5.45% of Total Investments)*** |  |  |
| Apex Group Treasury LLC TL 1L | 9.32% | 6M US L + 5.00% | &nbsp;&nbsp;07/27/2028 | 76023 | 73743 |
| Apex Group Treasury, Ltd., USD | 8.26% | 3M US L + 3.75% | &nbsp;&nbsp;07/27/2028 | 1026990 | 975640 |
| Ascend Learning 11/21 TLB | 7.88% | 1M US L + 3.50% | &nbsp;&nbsp;12/11/2028 | 1134214 | 1070415 |
| Astra Acquisition Corp. TL 1L | 9.63% | 1M US L + 5.25% | &nbsp;&nbsp;10/25/2028 | 653456 | 576132 |
| Cardinal Parent, Inc., Initial | 9.23% | 3M US L + 4.50% | &nbsp;&nbsp;11/12/2027 | 237814 | 209871 |
| CommerceHub, Inc., Initial | 7.67% | 3M US L + 4.00% | &nbsp;&nbsp;12/29/2027 | 817052 | 747194 |
| Conservice Midco LLC, Initial | 8.63% | 1M US L + 4.25% | &nbsp;&nbsp;05/13/2027 | 1102720 | 1067344 |
| Cornerstone OnDemand, Inc., Initial | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;10/16/2028 | 635505 | 565599 |
| CT Technologies Intermediate Holdings, Inc., 2021 | 8.63% | 1M US L + 4.25% | &nbsp;&nbsp;12/16/2025 | 259273 | 236586 |
| DCert Buyer, Inc., Initial | 8.70% | 3M SOFR + 4.00% | &nbsp;&nbsp;10/16/2026 | 1083454 | 1045143 |
| EagleView Technology Corp., Term Loan | 8.23% | 3M US L + 3.50% | &nbsp;&nbsp;08/14/2025 | 789952 | 689976 |
| Fiserv Investment Solutions, Inc., Initial | 8.32% | 1M US L + 4.00% | &nbsp;&nbsp;02/18/2027 | 436384 | 412112 |
| Greeneden U.S. Holdings I LLC, Initial Dollar (2020) | 8.38% | 1M US L + 4.00% | &nbsp;&nbsp;12/01/2027 | 1422902 | 1363325 |
| Idera, Inc., B-1 | 7.50% | 3M US L + 3.75% | &nbsp;&nbsp;03/02/2028 | 195452 | 183725 |
| IGT Holding IV AB, Term Loan | 8.13% | 3M US L + 3.40% | &nbsp;&nbsp;03/31/2028 | 103670 | 101337 |
| Imperva, Inc., Term Loan | 8.59% | 3M US L + 4.00% | &nbsp;&nbsp;01/12/2026 | 402267 | 328250 |
| Magenta Buyer LLC, Initial | 9.17% | 3M US L + 4.75% | &nbsp;&nbsp;07/27/2028 | 2153604 | 1833256 |
| MCAFEE CORP. TLB 1L | 7.97% | 1M SOFR + 3.75% | &nbsp;&nbsp;03/01/2029 | 2920038 | 2710934 |
| MH Sub I LLC, 2020 June New | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;09/13/2024 | 1162431 | 1127977 |
| Planview Parent, Inc., Closing Date | 8.73% | 3M US L + 4.00% | &nbsp;&nbsp;12/17/2027 | 951089 | 880604 |
| Project Alpha Intermediate Holding, Inc., 2021 Refinancing | 8.39% | 1M US L + 4.00% | &nbsp;&nbsp;04/26/2024 | 1565785 | 1524683 |
| Skillsoft Finance II, Inc., Initial | 9.58% | 1M SOFR + 5.25% | &nbsp;&nbsp;07/14/2028 | 357268 | 296533 |
| SolarWinds Holdings, Inc., TL | 7.95% | 3M US L + 4.00% | &nbsp;&nbsp;02/05/2027 | 230372 | 227732 |
| SS&C Technologies, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Term B-6 Loan | 6.67% | 1M SOFR + 2.25% | &nbsp;&nbsp;03/22/2029 | 257508 | 252422 |
| &nbsp;&nbsp;&nbsp;Term B-7 Loan | 6.67% | 1M SOFR + 2.25% | &nbsp;&nbsp;03/22/2029 | 388006 | 380343 |
| Ultimate Software 11/21 TL | 7.00% | 3M US L + 3.25% | &nbsp;&nbsp;05/04/2026 | 1241691 | 1179606 |
| Upland Software, Inc., Initial | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;08/06/2026 | 967500 | 919125 |
| Total Software |  |  |  | 22572420 | 20979607 |
| ***Specialty Retail - 1.47% (0.86% of Total Investments)*** | ***Specialty Retail - 1.47% (0.86% of Total Investments)*** | ***Specialty Retail - 1.47% (0.86% of Total Investments)*** | ***Specialty Retail - 1.47% (0.86% of Total Investments)*** |  |  |
| Bass Pro/Great American 11/21 TLB | 8.13% | 1M US L + 3.75% | &nbsp;&nbsp;03/06/2028 | 997309 | 956170 |
| Fender Musical Instruments Corporation | 8.42% | 1M SOFR + 4.00% | &nbsp;&nbsp;12/01/2028 | 201741 | 162401 |
| Franchise Group, Inc., Initial | 8.69% | 3M US L + 4.75% | &nbsp;&nbsp;03/10/2026 | 1116957 | 1072279 |
| Jo-Ann Stores LLC, Additional B-1 | 9.08% | 3M US L + 4.75% | &nbsp;&nbsp;07/07/2028 | 1115501 | 749249 |
| Rising Tide Holdings, Inc., Initial | 9.48% | 3M US L + 4.75% | &nbsp;&nbsp;06/01/2028 | 249212 | 112145 |
| Torrid LLC, Closing Date | 8.87% | 3M US L + 5.50% | &nbsp;&nbsp;06/14/2028 | 299397 | 241763 |
| Total Specialty Retail |  |  |  | 3980117 | 3294007 |
| ***Textiles, Apparel & Luxury Goods - 2.54% (1.48% of Total Investments)*** | ***Textiles, Apparel & Luxury Goods - 2.54% (1.48% of Total Investments)*** | ***Textiles, Apparel & Luxury Goods - 2.54% (1.48% of Total Investments)*** | ***Textiles, Apparel & Luxury Goods - 2.54% (1.48% of Total Investments)*** |  |  |
| ABG Intermediate Holdings 2 LLC, Tranche TLB-1 Term Loans | 7.92% | 1M SOFR + 3.50% | &nbsp;&nbsp;12/21/2028 | 1210564 | 1169707 |
| BK LC Lux SPV S.a r.l., Facility B | 7.66% | 3M US L + 3.25% | &nbsp;&nbsp;04/28/2028 | 884169 | 859854 |
| Champ Acquisition Corp., Initial | 10.23% | 3M US L + 5.50% | &nbsp;&nbsp;12/19/2025 | 460241 | 454488 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>**Coupon<sup>(a)</sup>** | **Reference Rate**<br>**& Spread** | **Maturity**<br>**Date** | **Principal**<br>**Amount** |<br>**Value** |
| **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | **SENIOR SECURED FIRST LIEN LOANS**<sup>(b)</sup> **(continued)** | | |
| ***Textiles, Apparel & Luxury Goods (continued)*** | ***Textiles, Apparel & Luxury Goods (continued)*** | ***Textiles, Apparel & Luxury Goods (continued)*** | ***Textiles, Apparel & Luxury Goods (continued)*** | | |
| Crocs, Inc.TLB 1L | 7.73% | 3M SOFR + 3.50% | &nbsp;&nbsp;02/20/2029 | $2470406 | $2417910 |
| Elevate Textiles, Inc., Initial | 8.86% | 3M US L + 5.00% | &nbsp;&nbsp;05/01/2024 | 1125337 | 778362 |
| Total Textiles, Apparel & Luxury Goods |  |  |  | 6150717 | 5680321 |
| ***Wireless Telecommunication Services - 0.24% (0.14% of Total Investments)*** | ***Wireless Telecommunication Services - 0.24% (0.14% of Total Investments)*** | ***Wireless Telecommunication Services - 0.24% (0.14% of Total Investments)*** | ***Wireless Telecommunication Services - 0.24% (0.14% of Total Investments)*** |  |  |
| LSF9 ATLANTIS HOLDINGS, LLC | 11.83% | 3M SOFR + 7.25% | &nbsp;&nbsp;03/31/2029 | 559941 | 542863 |
| Total Senior Secured First Lien Loans (Cost $188,300,460) |  |  |  | $191749803 | $174951866 |
|  |  |  |  | **Shares** | **Value** |
| **COMMON STOCK - 0.11%<sup>\*</sup> *(0.06% of Total Investments)*** | **COMMON STOCK - 0.11%<sup>\*</sup> *(0.06% of Total Investments)*** | **COMMON STOCK - 0.11%<sup>\*</sup> *(0.06% of Total Investments)*** | **COMMON STOCK - 0.11%<sup>\*</sup> *(0.06% of Total Investments)*** |  |  |
| **Aerospace & Defense - 0.00%<sup>(i)</sup> *(0.00% of Total Investments)*** | **Aerospace & Defense - 0.00%<sup>(i)</sup> *(0.00% of Total Investments)*** | **Aerospace & Defense - 0.00%<sup>(i)</sup> *(0.00% of Total Investments)*** | **Aerospace & Defense - 0.00%<sup>(i)</sup> *(0.00% of Total Investments)*** |  |  |
| New Constellis Borrower LLC<sup>(j)</sup> |  |  |  | 6795 | $2548 |
| **Capital Markets - 0.01% *(0.00% of Total Investments)*** | **Capital Markets - 0.01% *(0.00% of Total Investments)*** | **Capital Markets - 0.01% *(0.00% of Total Investments)*** | **Capital Markets - 0.01% *(0.00% of Total Investments)*** |  |  |
| Carestream 10/22 Equity<sup>(j)</sup> |  |  |  | 873 | 15275 |
| **Food & Staples Retailing - 0.10% *(0.06% of Total Investments)*** | **Food & Staples Retailing - 0.10% *(0.06% of Total Investments)*** | **Food & Staples Retailing - 0.10% *(0.06% of Total Investments)*** | **Food & Staples Retailing - 0.10% *(0.06% of Total Investments)*** |  |  |
| CEC Brands, LLC<sup>(j)</sup> |  |  |  | 10454 | 214307 |
| **Oil, Gas & Consumable Fuels - 0.00%<sup>(i)</sup> *(0.00% of Total Investments)*** | **Oil, Gas & Consumable Fuels - 0.00%<sup>(i)</sup> *(0.00% of Total Investments)*** | **Oil, Gas & Consumable Fuels - 0.00%<sup>(i)</sup> *(0.00% of Total Investments)*** | **Oil, Gas & Consumable Fuels - 0.00%<sup>(i)</sup> *(0.00% of Total Investments)*** |  |  |
| Permian Production Partners<sup>(j)</sup> |  |  |  | 18995 | 12347 |
| Total Common Stock (Cost $103,712) |  |  |  | 37117 | $244477 |
|  |  |  |  | **Shares** | **Value** |
| **RIGHTS - 0.00%<sup>\*</sup> *(0.00% of Total Investments)*** | **RIGHTS - 0.00%<sup>\*</sup> *(0.00% of Total Investments)*** | **RIGHTS - 0.00%<sup>\*</sup> *(0.00% of Total Investments)*** | **RIGHTS - 0.00%<sup>\*</sup> *(0.00% of Total Investments)*** |  |  |
| Carestream Health, Inc. RTS<sup>(d)(j)</sup> |  |  |  | – | – |
| Total Rights (Cost $8,333) |  |  |  | – | $– |
| **Total Investments - 172.01% (Cost $450,019,250)** | **Total Investments - 172.01% (Cost $450,019,250)** | **Total Investments - 172.01% (Cost $450,019,250)** | **Total Investments - 172.01% (Cost $450,019,250)** |  | $384640024 |
| **Liabilities in Excess of Other Assets - (0.03)%** | **Liabilities in Excess of Other Assets - (0.03)%** | **Liabilities in Excess of Other Assets - (0.03)%** | **Liabilities in Excess of Other Assets - (0.03)%** |  | (57150) |
| **Preferred Shares (Net of $1,028,692 Deferred Financing Costs) - (21.86)%** | **Preferred Shares (Net of $1,028,692 Deferred Financing Costs) - (21.86)%** | **Preferred Shares (Net of $1,028,692 Deferred Financing Costs) - (21.86)%** | **Preferred Shares (Net of $1,028,692 Deferred Financing Costs) - (21.86)%** |  | (48871308) |
| **Leverage Facility (Net of $254,481 Deferred Leverage Costs) - (50.13)%** | **Leverage Facility (Net of $254,481 Deferred Leverage Costs) - (50.13)%** | **Leverage Facility (Net of $254,481 Deferred Leverage Costs) - (50.13)%** | **Leverage Facility (Net of $254,481 Deferred Leverage Costs) - (50.13)%** |  | (112095519) |
| **Net Assets Applicable to Common Shareholders - 100.00%** | **Net Assets Applicable to Common Shareholders - 100.00%** | **Net Assets Applicable to Common Shareholders - 100.00%** | **Net Assets Applicable to Common Shareholders - 100.00%** |  | $223616047 |

---

*<sup>\*</sup>* *Amounts above are shown as a percentage of net assets applicable to common shareholders as of December 31, 2022.*

*<sup>(a)</sup>* *The rate shown is the coupon as of the end of the reporting period.*

*<sup>(b)</sup>* *Variable rate investment. Interest rates reset periodically. Interest rate shown reflects the rate in effect at December 31, 2022. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above. Leveraged loans and CLO debt securities typically have reference Rate Floors ("Rate Floors") embedded in their loan agreements and organizational documents. Leveraged loans generally have Rate Floors of 0% or more, while CLO debt securities often set Rate Floors at 0%. Rate Floors serve to establish a minimum base rate to be paid by the borrower before the fixed spread. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.*

*<sup>(c)</sup>* *Security exempt from registration under Rule 144A of the Securities Act of 1933. Total market value of Rule 144A securities amounts to $200,162,313, which represents approximately 89.51% of the Trust's net assets as of December 31, 2022. Such securities may normally be sold to qualified institutional buyers in transactions exempt from registration.*

*<sup>(d)</sup>* *As a result of the use of significant unobservable inputs to determine fair value, this investment has been classified as a Level 3 asset.*

*<sup>(e)</sup>* *CLO subordinated notes, income notes, Y notes and M notes are considered CLO equity positions. CLO equity positions are entitled to recurring distributions which are generally equal to the remaining cash flow of payments made by underlying securities less contractual payments to debt holders and fund expenses. The effective yield is estimated based upon the amount and timing of these recurring distributions in addition to the estimated amount of terminal principal payment. Effective yields for the CLO equity positions are updated generally once per quarter or on a transaction such as an add-on purchase, refinancing or reset. The estimated yield and investment cost may ultimately not be realized. Estimated yields shown are as of December 31, 2022.*

*<sup>(f)</sup>* *Fair value includes the Trust's interest in fee rebates on CLO subordinated notes.*

*<sup>(g)</sup>* *When-issued or delivery-delayed security. All or a portion of this position has not settled as of December 31, 2022. The interest rate shown represents the stated spread over the applicable reference rate floor; the Trust will not accrue interest until the settlement date, at which point the reference rate floor will be established. The total cost of securities purchased on a when-issued or delivery-delayed basis was $3,787,484 as of December 31, 2022.*

*<sup>(h)</sup>* *Fixed rate.*

*<sup>(i)</sup>* *Less than 0.005%.*

*<sup>(j)</sup>* *Non-income producing security.*

*All securities held as of December 31, 2022 are pledged as collateral for the Trust's credit facility.*

*1M US L - 1 Month LIBOR (London Interbank Offered Rate)*

*3M SOFR - 3 Month SOFR (Secured Overnight Financing Rate)*

*1M SOFR - 1 Month SOFR (Secured Overnight Financing Rate)*

*6M SOFR - 6 Month SOFR (Secured Overnight Financing Rate)*

*3M US L - 3 Month LIBOR (London Interbank Offered Rate)*

*6M US L - 6 Month LIBOR (London Interbank Offered Rate)*

*s.a.r.l - Societe Anonyme a Responsabilite Limitee (French: Limited Liability Company)*

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TERM TRUST

- **b. Investment Company Act file number:** 811-23247

- **c. CIK number of Registrant:** 0001703079

- **d. LEI of Registrant:** 549300XT617P63BLW552

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 321 NORTH CLARK STREET #2430

  - **City:** CHICAGO

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60654

  - **Telephone number:** 3123746930

**Item A.2. Information about the Series.**

- **a. Name of Series:** XAI Octagon Floating Rate & Alternative Income Term Trust

- **c. LEI of Series:** 549300XT617P63BLW552

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $394259367.35

**Total Liabilities:** $170683861.52

**Net Assets:** $223575505.83

**Delayed Delivery Securities:** $458368.23

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.76276700 | **5-Year:** 36.38400300 | **10-Year:** 745.58298400 | **30-Year:** 51.99201600

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 4.05027200 | **1-Year:** 6299.94216600 | **5-Year:** 48524.51612300 | **10-Year:** 34009.61023600 | **30-Year:** 2305.45284900

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 6.93%                | 8.70%                | -5.28%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-65815.98               | $-1641457.11                               |
| Month 2  | $-2410234.23             | $6283402.55                                |
| Month 3  | $110143.81               | $-7132111.92                               |

### Schedule of Portfolio Investments

| Name                                                    | Title                                                                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Invesco Clo Ltd                                         | Invesco CLO, Ltd.                                                                                 | CUSIP: 46091AAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    500000 | PA      | $123860.00    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Apidos Clo                                              | Apidos CLO XXVII                                                                                  | CUSIP: 03766JAC0<br>LEI: 549300EW146C7Q4UV387 | Long             | ABS-O            | CORP              | KY        |   1300000 | PA      | $356681.00    | 0.16%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Sound Point Clo Ltd                                     | Sound Point CLO XVIII, Ltd.                                                                       | CUSIP: 83608DAA1<br>LEI: 549300G09B8CGBRMLL31 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $338575.65    | 0.15%             | 2031-01-21      | Floating      | 9.74%                 | Yes           |                  2 | On Loan: No      |
| DG Investment Intermediate Holdings 2, Inc.             | DG Investment Intermediate Holdings 2, Inc.                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     85283 | PA      | $81444.97     | 0.04%             | 2028-03-31      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Playa Hotels & Resorts B.V., TLB                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    633770 | PA      | $616740.61    | 0.28%             | 2028-11-23      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                                | Oak Hill Credit Partners X-R, Ltd.                                                                | CUSIP: 67106KAE7<br>LEI: 549300R39C7C8ZT3OK12 | Long             | ABS-O            | CORP              | KY        |   1873000 | PA      | $730129.11    | 0.33%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2022-III, Ltd.                                                                       | CUSIP: 12571HAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    850000 | PA      | $780899.42    | 0.35%             | 2035-04-21      | Floating      | 11.26%                | Yes           |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital Clo 16, Ltd.                                                                    | CUSIP: 03330XAC6<br>LEI: 5493008M7D1YIDOH2C69 | Long             | ABS-O            | CORP              | KY        |   2500000 | PA      | $1477575.00   | 0.66%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Elmwood Clo Vi Ltd.                                     | Elmwood CLO VI, Ltd.                                                                              | CUSIP: 29001WAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $680041.80    | 0.30%             | 2034-10-20      | Floating      | 10.74%                | Yes           |                  2 | On Loan: No      |
| Condor Merger Sub Inc                                   | Condor Merger Sub, Inc.                                                                           | CUSIP: 579063AB4<br>LEI: 254900SAGUYT3MBUU161 | Long             | DBT              | CORP              | US        |   1102000 | PA      | $878051.56    | 0.39%             | 2030-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                        | CARLYLE US CLO 2021-5, Ltd.                                                                       | CUSIP: 14318AAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $2695952.00   | 1.21%             |  |  |  | Yes           |                  3 | On Loan: No      |
| McAfee                                                  | MCAFEE CORP. TLB 1L                                                                               | CUSIP: N/A<br>LEI: 2549009UKR8UEZYVCR93       | Long             | LON              | CORP              | US        |   2927375 | PA      | $2717745.26   | 1.22%             | 2029-03-01      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| LaserShip, Inc.                                         | LaserShip, Inc.                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1327802 | PA      | $945501.15    | 0.42%             | 2028-05-07      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 17, Ltd.                                                                    | CUSIP: 03329DAA7<br>LEI: 549300UNU854VTZYQ112 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1057145.25   | 0.47%             | 2034-07-15      | Floating      | 10.94%                | Yes           |                  2 | On Loan: No      |
| Prince International/Ferro Corp./Chromaflo Technologies | PMHC II, Inc. TL                                                                                  | CUSIP: N/A<br>LEI: 549300GYZ1T3S8OPH343       | Long             | LON              | CORP              | US        |   1446499 | PA      | $1218820.45   | 0.55%             | 2029-04-21      | Floating      | 8.49%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC.                                 | Athenahealth Group Inc., 1L                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    556175 | PA      | $500757.41    | 0.22%             | 2029-02-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| EagleView Technology Corp.                              | EagleView Technology Corp.                                                                        | CUSIP: N/A<br>LEI: 549300HLIL8HO4PPLG50       | Long             | LON              | CORP              | US        |    198167 | PA      | $172405.70    | 0.08%             | 2026-08-14      | Floating      | 12.23%                | No            |                  2 | On Loan: No      |
| N/A                                                     | Smyrna Ready Mix Concrete, LLC TLB 1L                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    361920 | PA      | $353777.16    | 0.16%             | 2029-04-02      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| Abg Intermediate Hldgs 2                                | ABG Intermediate Holdings 2 LLC                                                                   | CUSIP: 00076VAZ3<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |   1213605 | PA      | $1172646.14   | 0.52%             | 2028-12-21      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Thl Credit Wind River 2019-1 Clo Ltd                    | THL Credit Wind River 2019-1 CLO, Ltd.                                                            | CUSIP: 97316KAA8<br>LEI: 549300TGVPUHSOMYKZ89 | Long             | ABS-CBDO         | CORP              | KY        |    875000 | PA      | $699749.31    | 0.31%             | 2034-07-20      | Floating      | 10.84%                | Yes           |                  2 | On Loan: No      |
| Composite Resins Holding (AOC/Aliancys)                 | LSF11 A5 HoldCo, LLC TLB 1L                                                                       | CUSIP: N/A<br>LEI: 254900FPK7P5WNA66Y10       | Long             | LON              | CORP              | US        |    549591 | PA      | $530218.15    | 0.24%             | 2028-10-15      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| Travelport Finance Luxem                                | Travelport Finance Luxembourg Sarl                                                                | CUSIP: L9308UAX8<br>LEI: 2221005SGFWYZHL40F77 | Long             | LON              | CORP              | LU        |    582503 | PA      | $393672.93    | 0.18%             | 2026-05-29      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| Castle US Holding Corp.                                 | Castle US Holding Corp.                                                                           | CUSIP: N/A<br>LEI: 254900VXLMLPIE9ID612       | Long             | LON              | CORP              | US        |   1051404 | PA      | $640042.40    | 0.29%             | 2027-01-29      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Entercom Media Corp                                     | Audacy Capital Corp.                                                                              | CUSIP: 29365DAB5<br>LEI: 549300S5JUSXRHNCHD80 | Long             | DBT              | CORP              | US        |    390000 | PA      | $68477.49     | 0.03%             | 2029-03-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Energy Acquisition LP                                   | Energy Acquisition LP                                                                             | CUSIP: 29279EAB8<br>LEI: QC8UDL3MH0VWL8E4RM19 | Long             | LON              | CORP              | US        |    711227 | PA      | $633660.38    | 0.28%             | 2025-06-26      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | PRO MACH GROUP, INC, TLB                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    370370 | PA      | $355555.56    | 0.16%             | 2028-08-31      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Ss&c Technologies Inc                                   | SS&C Technologies, Inc.                                                                           | CUSIP: 78466DBG8<br>LEI: 549300KY09TR3J12JU49 | Long             | LON              | CORP              | US        |    257508 | PA      | $252422.40    | 0.11%             | 2029-03-22      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Apidos Clo                                              | Apidos CLO XXVII                                                                                  | CUSIP: 03766JAA4<br>LEI: 549300EW146C7Q4UV387 | Long             | ABS-CBDO         | CORP              | KY        |    375000 | PA      | $328973.33    | 0.15%             | 2030-07-17      | Floating      | 10.48%                | Yes           |                  2 | On Loan: No      |
| Anthology (Astra Acquisition)/Blackboard                | Astra Acquisition Corp. TL 1L                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    653456 | PA      | $576132.39    | 0.26%             | 2028-10-25      | Floating      | 9.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Redwood Star Merger Sub, Inc.                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1358312 | PA      | $1265661.71   | 0.57%             | 2029-04-05      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| LifeMiles, Ltd.                                         | LifeMiles, Ltd.                                                                                   | CUSIP: N/A<br>LEI: 254900CGQFLUG99LJ840       | Long             | LON              | CORP              | BM        |     75615 | PA      | $70019.18     | 0.03%             | 2026-08-30      | Floating      | 9.98%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Hexion Holdings Corp. TL 1L                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    850455 | PA      | $727989.51    | 0.33%             | 2029-03-15      | Floating      | 8.93%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                        | CARLYLE US CLO 2019-4, Ltd.                                                                       | CUSIP: 14317WAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4740000 | PA      | $3704978.34   | 1.66%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MH Sub I LLC                                            | MH Sub I LLC                                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1000000 | PA      | $891250.00    | 0.40%             | 2029-02-23      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| CIRCOR International                                    | Circor International, Inc. TLB                                                                    | CUSIP: N/A<br>LEI: 5493007701O01N3FQM69       | Long             | LON              | CORP              | US        |    301945 | PA      | $291754.73    | 0.13%             | 2028-12-20      | Floating      | 9.88%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XVII, Ltd.                                                                   | CUSIP: 55819AAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $743716.80    | 0.33%             | 2030-07-21      | Floating      | 11.76%                | Yes           |                  2 | On Loan: No      |
| CP Iris Holdco I, Inc.                                  | CP Iris Holdco I, Inc.                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    226749 | PA      | $201522.78    | 0.09%             | 2028-10-02      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Open Text Corp                                          | Open Text Corp.                                                                                   | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     91000 | PA      | $91322.95     | 0.04%             | 2027-12-01      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Carestream Health, Inc. RTS                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |      8332 | NC      | $0.01         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Ares Clo Ltd                                            | ARES XLIV CLO, Ltd.                                                                               | CUSIP: 04016NAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2845572 | PA      | $1016424.09   | 0.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Symphony Clo Ltd                                        | Symphony CLO XXI, Ltd.                                                                            | CUSIP: 87167CAW9<br>LEI: 5493005CJY0RF4FJJP54 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $873473.90    | 0.39%             | 2032-07-15      | Floating      | 10.68%                | Yes           |                  2 | On Loan: No      |
| N/A                                                     | 19th Holdings Golf                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    942497 | PA      | $862384.82    | 0.39%             | 2029-02-07      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Amentum (AECOM management business)                     | Amentum Government Services Holdings LLC TLD 1L                                                   | CUSIP: N/A<br>LEI: 5493008CT6B5L54YSE94       | Long             | LON              | CORP              | US        |   1873398 | PA      | $1821299.08   | 0.81%             | 2029-02-15      | Floating      | 8.12%                 | No            |                  2 | On Loan: No      |
| Alm Loan Funding                                        | ALM 2020, Ltd.                                                                                    | CUSIP: 00166DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $1749350.00   | 0.78%             |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Nexus Buyer LLC, TL                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    245536 | PA      | $226609.82    | 0.10%             | 2029-11-05      | Floating      | 10.63%                | No            |                  2 | On Loan: No      |
| N/A                                                     | Galaxy US  Opco Inc. TL                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    616964 | PA      | $556810.05    | 0.25%             | 2029-04-29      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| Energy Acquisition LP                                   | Energy Acquisition LP                                                                             | CUSIP: 29279EAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    184214 | PA      | $163490.08    | 0.07%             | 2025-06-26      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 13 LLC                                                                      | CUSIP: 03329CAC5<br>LEI: 549300STT92RKXRGJ860 | Long             | ABS-O            | CORP              | KY        |   7000000 | PA      | $4566800.00   | 2.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Altice France Sa                                        | Altice France SA                                                                                  | CUSIP: F6628DAL8<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |    495432 | PA      | $457863.10    | 0.20%             | 2026-01-31      | Floating      | 7.77%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 1-R, Ltd.                                                                   | CUSIP: 03329BAC7<br>LEI: 549300L8BI45FDIJHO17 | Long             | ABS-O            | CORP              | KY        |   2000000 | PA      | $851838.00    | 0.38%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Park River Holdings, Inc.                               | Park River Holdings, Inc.                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     94868 | PA      | $82653.33     | 0.04%             | 2027-12-28      | Floating      | 6.99%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XXVIII, Ltd.                                                                 | CUSIP: 55821BAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $2723860.00   | 1.22%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Carnival Corp.                                          | Carnival Corp.                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | PA        |    997449 | PA      | $953631.05    | 0.43%             | 2025-06-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Avaya, Inc.                                             | Avaya, Inc.                                                                                       | CUSIP: N/A<br>LEI: J6LB5QIFSP2MFEFG4U76       | Long             | LON              | CORP              | US        |    850084 | PA      | $286478.22    | 0.13%             | 2027-12-15      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Sound Point Clo Ltd                                     | Sound Point CLO VI-R, Ltd.                                                                        | CUSIP: 83608YAE7<br>LEI: 5493001FKRL3V2YW2890 | Long             | ABS-O            | CORP              | KY        |   2000000 | PA      | $63400.00     | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| National Intergovernment                                | National Intergovernmental Purchasing Alliance Co.                                                | CUSIP: 63653YAE3<br>LEI: 549300SMECQREC3K2B56 | Long             | LON              | CORP              | US        |    169482 | PA      | $166092.83    | 0.07%             | 2026-05-26      | Floating      | 12.08%                | No            |                  2 | On Loan: No      |
| Polar Us Borrower Llc                                   | Polar US Borrower LLC                                                                             | CUSIP: 80643UAB4<br>LEI: 549300VWTN2NKZWJ5F70 | Long             | LON              | CORP              | US        |    860805 | PA      | $691226.49    | 0.31%             | 2025-10-15      | Floating      | 9.09%                 | No            |                  2 | On Loan: No      |
| Xperi Holding Corp.                                     | Xperi Holding Corp.                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |    247634 | PA      | $238347.34    | 0.11%             | 2028-06-08      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Ascend Learning                                         | Ascend Learning 11/21 TLB                                                                         | CUSIP: N/A<br>LEI: 549300T466HKRLVCD610       | Long             | LON              | CORP              | US        |   1137078 | PA      | $1073117.80   | 0.48%             | 2028-12-11      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Acrisure Llc                                            | Acrisure LLC                                                                                      | CUSIP: 00488PAQ8<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    688359 | PA      | $681475.38    | 0.30%             | 2027-02-15      | Floating      | 9.92%                 | No            |                  2 | On Loan: No      |
| Cardinal Parent, Inc.                                   | Cardinal Parent, Inc.                                                                             | CUSIP: 14153EAC9<br>LEI: 5493009YXQNPN3HQQH84 | Long             | LON              | CORP              | US        |    238419 | PA      | $210404.99    | 0.09%             | 2027-11-12      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| Fiserv Investment Solutions, Inc.                       | Fiserv Investment Solutions, Inc.                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    437503 | PA      | $413168.73    | 0.18%             | 2027-02-18      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Elmwood Clo Vii Ltd.                                    | Elmwood CLO VII, Ltd.                                                                             | CUSIP: 29002RAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2000000 | PA      | $1451218.00   | 0.65%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Midwest Veterinary Partners LLC                         | Midwest Veterinary Partners LLC                                                                   | CUSIP: 59841VAC4<br>LEI: 549300A8XURDFONMWN62 | Long             | LON              | CORP              | US        |   1529167 | PA      | $1360958.91   | 0.61%             | 2028-04-27      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                            | MH Sub I LLC                                                                                      | CUSIP: 45567YAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1165412 | PA      | $1130868.89   | 0.51%             | 2024-09-13      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Ares Clo Ltd                                            | ARES LI CLO, Ltd.                                                                                 | CUSIP: 04019MAC6<br>LEI: 5493003FNA8PT0CMDE92 | Long             | ABS-O            | CORP              | KY        |    346000 | PA      | $202100.33    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DIRECTV Financing LLC                                   | DIRECTV Financing LLC                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1965246 | PA      | $1909158.18   | 0.85%             | 2027-08-02      | Floating      | 9.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | DG Investment Intermediate Hlgds, Inc. TL 1L                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     83783 | PA      | $80327.21     | 0.04%             | 2028-03-31      | Floating      | 8.60%                 | No            |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                       | Cornerstone Building Brands, Inc.                                                                 | CUSIP: N/A<br>LEI: 549300IW41QEWQ6T0H29       | Long             | LON              | CORP              | US        |    383448 | PA      | $342775.90    | 0.15%             | 2028-04-12      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Hunter Holdco 3, Ltd.                                   | Hunter Holdco 3, Ltd.                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    474011 | PA      | $463937.94    | 0.21%             | 2028-08-19      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Chart Industries Inc                                    | Chart Industries, Inc.                                                                            | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    472000 | PA      | $473906.88    | 0.21%             | 2030-01-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Medline Borrower Lp                                     | Mozart Debt Merger Sub, Inc.                                                                      | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    727000 | PA      | $585932.92    | 0.26%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Battalion Clo Ltd                                       | Battalion Clo XV, Ltd.                                                                            | CUSIP: 07131CAC4<br>LEI: 549300CJP8HGT746II19 | Long             | ABS-O            | CORP              | KY        |   4500000 | PA      | $2996311.95   | 1.34%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Battalion Clo Ltd                                       | Battalion Clo XVI, Ltd.                                                                           | CUSIP: 07133NAB0<br>LEI: 549300QOOT46OWR6Z544 | Long             | ABS-O            | CORP              | KY        |   3500000 | PA      | $2138850.00   | 0.96%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Whole Earth Brands, Inc.                                | Whole Earth Brands, Inc.                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     99601 | PA      | $91135.13     | 0.04%             | 2028-02-05      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| Ust Global Inc                                          | UST Global, Inc.                                                                                  | CUSIP: 90355HAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    566347 | PA      | $551242.79    | 0.25%             | 2028-11-20      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| Equiniti                                                | Equiniti Group PLC, TLB                                                                           | CUSIP: N/A<br>LEI: 549300IWRY8V2R98AJ89       | Long             | LON              | CORP              | GB        |    334155 | PA      | $330672.93    | 0.15%             | 2028-12-11      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | FOCUS FINANCIAL PARTNERS, LLC, TLB                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1036441 | PA      | $1022625.59   | 0.46%             | 2028-06-30      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Global Tel*Link Corp.                                   | Global Tel*Link Corp.                                                                             | CUSIP: 37959JAE1<br>LEI: 549300YI0BNF11FDQE44 | Long             | LON              | CORP              | US        |    347222 | PA      | $260850.69    | 0.12%             | 2026-11-29      | Floating      | 14.09%                | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XX, Ltd.                                                                     | CUSIP: 55819UAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1740000 | PA      | $664613.88    | 0.30%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AVSC Holding Corp.                                      | AVSC Holding Corp.                                                                                | CUSIP: 00241YAQ7<br>LEI: 549300CLJBQ9YSR4U689 | Long             | LON              | CORP              | US        |    805556 | PA      | $646313.33    | 0.29%             | 2025-09-01      | Floating      | 11.42%                | No            |                  2 | On Loan: No      |
| Global Medical Response, Inc.                           | Global Medical Response, Inc.                                                                     | CUSIP: 00169QAD1<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | LON              | CORP              | US        |    647153 | PA      | $455433.70    | 0.20%             | 2025-03-14      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| Oha Credit Partners Ltd                                 | OHA Credit Partners XI, Ltd.                                                                      | CUSIP: 67109HAE1<br>LEI: 549300OYGEU6QQMCEG78 | Long             | ABS-O            | CORP              | KY        |   2750000 | PA      | $1280400.00   | 0.57%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Lummus Technology Holdings V LLC                        | Lummus Technology Holdings V LLC                                                                  | CUSIP: 45232UAE8<br>LEI: 549300K1Y0YC1YC1H809 | Long             | LON              | CORP              | US        |     49356 | PA      | $47178.51     | 0.02%             | 2027-06-30      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment                                  | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.                             | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    328000 | PA      | $264974.80    | 0.12%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Weddingwire Inc                                         | The Knot WorldWide Inc. Tl 1L                                                                     | CUSIP: N/A<br>LEI: 5493008BZQSUX5N9Q439       | Long             | LON              | CORP              | US        |    849975 | PA      | $837225.07    | 0.37%             | 2025-12-19      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| Chart Industries Inc                                    | Chart Industries, Inc.                                                                            | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    316000 | PA      | $324366.89    | 0.15%             | 2031-01-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | ASSUREDPARTNERS, INC. TLB4 1L                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     97459 | PA      | $96667.79     | 0.04%             | 2027-02-12      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Pro Mach Group, Inc.                                    | Pro Mach Group, Inc.                                                                              | CUSIP: N/A<br>LEI: 5493008SZGSVUCSNB151       | Long             | LON              | CORP              | US        |    914829 | PA      | $888298.52    | 0.40%             | 2028-08-31      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Voya Clo Ltd                                            | Voya CLO 2020-2, Ltd.                                                                             | CUSIP: 92918JAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1125000 | PA      | $999775.35    | 0.45%             | 2034-07-19      | Floating      | 10.63%                | Yes           |                  2 | On Loan: No      |
| Vaco Holdings                                           | Vaco Holdings, LLC TL 1L                                                                          | CUSIP: 91865FAJ8<br>LEI: 54930076HTNXBP03T379 | Long             | LON              | CORP              | US        |   1291460 | PA      | $1240873.72   | 0.56%             | 2029-01-21      | Floating      | 8.72%                 | No            |                  2 | On Loan: No      |
| Wind River Clo Ltd                                      | THL Credit Wind River 2018-3 CLO, Ltd.                                                            | CUSIP: 88432XAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $541400.00    | 0.24%             |  |  |  | Yes           |                  3 | On Loan: No      |
| IXS Holdings, Inc.                                      | IXS Holdings, Inc.                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1619555 | PA      | $1268111.44   | 0.57%             | 2027-03-05      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Ares Clo Ltd                                            | Ares XLI Clo, Ltd.                                                                                | CUSIP: 04016KAC3<br>LEI: 549300X38KZ67Q2FQG11 | Long             | ABS-O            | CORP              | KY        |   2343500 | PA      | $988863.26    | 0.44%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Heartland Dental LLC                                    | Heartland Dental LLC                                                                              | CUSIP: 42236WAQ0<br>LEI: 5493008FRC0GRKBN1075 | Long             | LON              | CORP              | US        |    642349 | PA      | $595779.05    | 0.27%             | 2025-04-30      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 19, Ltd.                                                                    | CUSIP: 03328KAE4<br>LEI: 549300ZNOS7Q8W8H3S38 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $688766.90    | 0.31%             | 2034-10-15      | Floating      | 11.33%                | Yes           |                  2 | On Loan: No      |
| Sabre Holdings                                          | Sabre GLBL Inc., TLB 1L                                                                           | CUSIP: N/A<br>LEI: F2TJC7HPPHLHU1AQMP98       | Long             | LON              | CORP              | US        |     64105 | PA      | $58415.89     | 0.03%             | 2028-06-30      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| Elmwood Clo 18 Ltd                                      | Elmwood CLO 18, Ltd.                                                                              | CUSIP: 29003QAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $560278.26    | 0.25%             | 2033-07-17      | Floating      | 10.99%                | Yes           |                  2 | On Loan: No      |
| Avaya Inc                                               | Avaya Holdings Corp.                                                                              | CUSIP: 05349UBE1<br>LEI: 549300NZS2OZN6Q63A60 | Long             | LON              | CORP              | US        |    260870 | PA      | $154565.22    | 0.07%             | 2027-12-15      | Floating      | 14.34%                | No            |                  2 | On Loan: No      |
| Infinite Bidco LLC                                      | Infinite Bidco LLC                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1240750 | PA      | $1185946.36   | 0.53%             | 2028-03-02      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Ct Technologies                                         | CT Technologies Intermediate Holdings, Inc.                                                       | CUSIP: 12650JAQ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    259933 | PA      | $237188.53    | 0.11%             | 2025-12-16      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| Learning Care Group No. 2, Inc.                         | Learning Care Group No. 2, Inc.                                                                   | CUSIP: 52201CAF8<br>LEI: 5493000VMN44LK8QID23 | Long             | LON              | CORP              | US        |    383133 | PA      | $371639.09    | 0.17%             | 2025-03-13      | Floating      | 12.98%                | No            |                  2 | On Loan: No      |
| N/A                                                     | Intelsat Jackson Holdings S.A.                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    881431 | PA      | $849320.60    | 0.38%             | 2029-02-01      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Rad Clo Ltd                                             | Rad CLO 10, Ltd.                                                                                  | CUSIP: 48662MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1719185.40   | 0.77%             | 2034-04-23      | Floating      | 10.17%                | Yes           |                  2 | On Loan: No      |
| Recorded Books, Inc.                                    | Recorded Books, Inc.                                                                              | CUSIP: 37610GAE8<br>LEI: 549300YXME0U2XYD7K47 | Long             | LON              | CORP              | US        |    938541 | PA      | $916081.84    | 0.41%             | 2025-08-29      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Ufinet                                                  | Zacapa S.a.r.l.  TL 1L                                                                            | CUSIP: N/A<br>LEI: 213800VIVQIJLORBU468       | Long             | LON              | CORP              | US        |    310088 | PA      | $297362.27    | 0.13%             | 2029-03-22      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XVIII, Ltd.                                                                  | CUSIP: 55819CAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $1357840.00   | 0.61%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 20, Ltd.                                                                    | CUSIP: 03331QAE6<br>LEI: 549300AYL7KYENHY1C67 | Long             | ABS-O            | CORP              | KY        |   1750000 | PA      | $1106687.75   | 0.49%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cambrex Corp.                                           | Cambrex Corp.                                                                                     | CUSIP: N/A<br>LEI: 4Q9DLX2VIFGJMOYJ4Y35       | Long             | LON              | CORP              | US        |    248526 | PA      | $241008.14    | 0.11%             | 2026-12-04      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Point Au Roche Park Clo, Ltd                            | Point Au Roche Park CLO, Ltd.                                                                     | CUSIP: 73052WAC7<br>LEI: 5493000RMLD359CPH591 | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3459945.00   | 1.55%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Conduent Bus Services                                   | Conduent Business Services LLC / Conduent State & Local Solutions, Inc.                           | CUSIP: 20679LAB7<br>LEI: 54930026CNAIP718XD30 | Long             | DBT              | CORP              | US        |   1176000 | PA      | $961889.21    | 0.43%             | 2029-11-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Parexel International Corp.                             | Parexel International Corp.                                                                       | CUSIP: N/A<br>LEI: 254900PHGVI5379Z9791       | Long             | LON              | CORP              | US        |    998785 | PA      | $960221.76    | 0.43%             | 2028-11-15      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Triton Water Holdings, Inc.                             | Triton Water Holdings, Inc.                                                                       | CUSIP: N/A<br>LEI: 5493005IYCEL7QJFZZ63       | Long             | LON              | CORP              | ES        |    295419 | PA      | $273706.13    | 0.12%             | 2028-03-31      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Imperva, Inc.                                           | Imperva, Inc.                                                                                     | CUSIP: N/A<br>LEI: 549300204GJIBLPF1S81       | Long             | LON              | CORP              | US        |    403309 | PA      | $329100.32    | 0.15%             | 2026-01-12      | Floating      | 8.59%                 | No            |                  2 | On Loan: No      |
| Regatta Xxiv Funding Ltd.                               | Regatta XXIV Funding, Ltd.                                                                        | CUSIP: 75889TAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3273145.00   | 1.46%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Wind River Clo Ltd                                      | THL Credit Wind River CLO, Ltd.                                                                   | CUSIP: 88433LAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2500000 | PA      | $992115.00    | 0.44%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Nexus Buyer LLC                                         | Nexus Buyer LLC                                                                                   | CUSIP: N/A<br>LEI: 254900PILSANV8WOOF24       | Long             | LON              | CORP              | US        |    346963 | PA      | $331720.91    | 0.15%             | 2026-11-09      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Cinemark Usa Inc                                        | Cinemark USA, Inc.                                                                                | CUSIP: 172442AS4<br>LEI: 54930008H2137JSCPQ09 | Long             | LON              | CORP              | US        |    493416 | PA      | $473250.13    | 0.21%             | 2025-03-31      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Consolidated Communicati                                | Consolidated Communications, Inc.                                                                 | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $829451.25    | 0.37%             | 2028-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Pretium PKG Holdings, Inc.                              | Pretium PKG Holdings, Inc.                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    355310 | PA      | $282219.20    | 0.13%             | 2028-10-02      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                        | Carlyle US CLO 2022-5, Ltd.                                                                       | CUSIP: 14318NAA5<br>LEI: 549300FMPRIVFSDJTS63 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1908181.80   | 0.85%             | 2035-10-15      | Floating      | 12.01%                | Yes           |                  2 | On Loan: No      |
| United AirLines, Inc.                                   | United AirLines, Inc.                                                                             | CUSIP: N/A<br>LEI: K1OQBWM7XEOO08LDNP29       | Long             | LON              | CORP              | US        |   1822483 | PA      | $1796166.80   | 0.80%             | 2028-04-21      | Floating      | 8.11%                 | No            |                  2 | On Loan: No      |
| Wind River Clo Ltd                                      | Wind River 2021-3 CLO, Ltd.                                                                       | CUSIP: 97316EAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $855752.70    | 0.38%             | 2033-07-20      | Floating      | 10.84%                | Yes           |                  2 | On Loan: No      |
| Elevate Textiles, Inc.                                  | Elevate Textiles, Inc.                                                                            | CUSIP: 46049BAB7<br>LEI: M4ZRS7E9USM0DKM0N876 | Long             | LON              | CORP              | US        |   1133262 | PA      | $783843.33    | 0.35%             | 2024-05-01      | Floating      | 8.86%                 | No            |                  2 | On Loan: No      |
| Pathway Vet Alliance LLC                                | Pathway Vet Alliance LLC                                                                          | CUSIP: 70323KAE8<br>LEI: 2549001HRKTHAW7MOH74 | Long             | LON              | CORP              | US        |    298048 | PA      | $246509.75    | 0.11%             | 2027-03-31      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 13 LLC                                                                      | CUSIP: 03329CAG6<br>LEI: 549300STT92RKXRGJ860 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1351753.50   | 0.60%             | 2034-04-15      | Floating      | 10.78%                | Yes           |                  2 | On Loan: No      |
| Wyndham Worldwide Corp                                  | Travel + Leisure Co.                                                                              | CUSIP: 98309GAD8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | LON              | CORP              | US        |    147708 | PA      | $145122.74    | 0.06%             | 2029-12-14      | Floating      | 8.61%                 | No            |                  2 | On Loan: No      |
| Summit Behavioral Health                                | Summit Behavioral 11/21                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    728122 | PA      | $684434.26    | 0.31%             | 2028-11-24      | Floating      | 9.45%                 | No            |                  2 | On Loan: No      |
| DCert Buyer, Inc.                                       | DCert Buyer, Inc.                                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    156627 | PA      | $142373.50    | 0.06%             | 2029-02-19      | Floating      | 11.70%                | No            |                  2 | On Loan: No      |
| Highbridge Loan Management Ltd                          | HPS Loan Management, Ltd.                                                                         | CUSIP: 40436WAB5<br>LEI: 549300Z5U2GIJ32SH058 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $811961.80    | 0.36%             | 2030-05-06      | Floating      | 12.38%                | Yes           |                  2 | On Loan: No      |
| CP Iris Holdco I, Inc.                                  | CP Iris Holdco I, Inc.                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     45578 | PA      | $40507.45     | 0.02%             | 2028-10-02      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| WaterBridge Midstream Operating LLC                     | WaterBridge Midstream Operating LLC                                                               | CUSIP: N/A<br>LEI: 549300DVU86VSP486341       | Long             | LON              | CORP              | US        |    587955 | PA      | $563884.19    | 0.25%             | 2026-06-22      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| Sound Point Clo Ltd                                     | Sound Point CLO III, Ltd.                                                                         | CUSIP: 83611FAC7<br>LEI: 5493006UE7EGV6XUOE47 | Long             | ABS-O            | CORP              | KY        |   1500000 | PA      | $276945.00    | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Rising Tide Holdings, Inc.                              | Rising Tide Holdings, Inc.                                                                        | CUSIP: 76770EAB3<br>LEI: 254900T03WM6VU0KWL83 | Long             | LON              | CORP              | US        |    249844 | PA      | $112429.98    | 0.05%             | 2028-06-01      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| VC GB Holdings I Corp                                   | Visual Comfort Group, Inc. (fka VC GB Holdings, Inc.)(aka Visual Comfort Generation Brands)       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    322240 | PA      | $289613.14    | 0.13%             | 2028-07-21      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Ares Clo Ltd                                            | ARES Loan Funding III, Ltd.                                                                       | CUSIP: 04019PAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $923271.40    | 0.41%             | 2035-07-25      | Floating      | 9.77%                 | Yes           |                  2 | On Loan: No      |
| Avaya Inc                                               | Avaya, Inc.                                                                                       | CUSIP: 053499AL3<br>LEI: J6LB5QIFSP2MFEFG4U76 | Long             | DBT              | CORP              | US        |    345000 | PA      | $105225.00    | 0.05%             | 2028-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| CP Iris Holdco I, Inc.                                  | CP Iris Holdco I, Inc., Initial                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    258621 | PA      | $217241.38    | 0.10%             | 2029-10-01      | Floating      | 11.38%                | No            |                  2 | On Loan: No      |
| N/A                                                     | Carestream 10/22 Equity                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       873 | NS      | $15274.70     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Mic Glen Llc                                            | MIC Glen LLC                                                                                      | CUSIP: 55304PAB7<br>LEI: 549300XD843A2SP50882 | Long             | LON              | CORP              | US        |    281649 | PA      | $278285.97    | 0.12%             | 2029-11-09      | Floating      | 8.22%                 | No            |                  2 | On Loan: No      |
| White Cap Buyer LLC                                     | White Cap Buyer LLC                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    218134 | PA      | $210577.45    | 0.09%             | 2027-10-19      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb                                           | Bausch & Lomb Inc TL 1L                                                                           | CUSIP: N/A<br>LEI: 549300NY6OZM39SO6475       | Long             | LON              | CORP              | US        |   1440628 | PA      | $1367703.00   | 0.61%             | 2027-05-10      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| Brazos Delaware II LLC                                  | Brazos Delaware II LLC                                                                            | CUSIP: 10620UAB8<br>LEI: 549300V1BTYXZRGYUU04 | Long             | LON              | CORP              | US        |    670279 | PA      | $666511.68    | 0.30%             | 2025-05-21      | Floating      | 8.35%                 | No            |                  2 | On Loan: No      |
| Carbone Clo, Ltd                                        | Carbone Clo, Ltd.                                                                                 | CUSIP: 141308AC0<br>LEI: 5493005I53NEC017LN87 | Long             | ABS-O            | CORP              | KY        |   7850000 | PA      | $3352625.10   | 1.50%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Nyack Park Clo, Ltd.                                    | NYACK Park CLO, Ltd.                                                                              | CUSIP: 67080QAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $751580.00    | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                     | Permian Production Partners, LLC                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     41933 | PA      | $41722.88     | 0.02%             | 2025-11-20      | Floating      | 10.39%                | No            |                  2 | On Loan: No      |
| Savage Enterprises LLC                                  | Savage Enterprises LLC                                                                            | CUSIP: N/A<br>LEI: 549300OONATO5UYKLU88       | Long             | LON              | CORP              | US        |    293079 | PA      | $290148.51    | 0.13%             | 2028-09-15      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | STARWOOD PROPERTY MORTGAGE, L.L.C                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    478139 | PA      | $470221.14    | 0.21%             | 2027-11-18      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Aimbridge Hospitality                                   | Aimbridge Hsp Incre CL TLB                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    247477 | PA      | $224817.90    | 0.10%             | 2026-02-02      | Floating      | 9.10%                 | No            |                  2 | On Loan: No      |
| Uber Technologies Inc                                   | Uber Technologies, Inc.                                                                           | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $871250.00    | 0.39%             | 2029-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Webster Park Clo Ltd                                    | Webster Park CLO, Ltd.                                                                            | CUSIP: 948210AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   9000400 | PA      | $3168878.83   | 1.42%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Skillsoft Finance II, Inc.                              | Skillsoft Finance II, Inc.                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    357268 | PA      | $296532.63    | 0.13%             | 2028-07-14      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Engines Center LLC                    | Edelman Financial Center LLC                                                                      | CUSIP: 27943UAK2<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    425146 | PA      | $395705.01    | 0.18%             | 2028-04-07      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| KUEHG Corp                                              | KUEHG Corp                                                                                        | CUSIP: 48244EAJ3<br>LEI: 549300YNT566T1NYJX62 | Long             | LON              | CORP              | US        |   1968527 | PA      | $1885967.03   | 0.84%             | 2025-02-21      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Medline Borrower Lp                                     | Medline Borrower LP                                                                               | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     62000 | PA      | $49311.08     | 0.02%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Waystar Technologies, Inc.                              | Waystar Technologies, Inc.                                                                        | CUSIP: 63939WAG8<br>LEI: 549300BIRBTAWWHCSZ09 | Long             | LON              | CORP              | US        |    808631 | PA      | $793129.36    | 0.35%             | 2026-10-22      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Sorenson Communications LLC                             | Sorenson Communications LLC                                                                       | CUSIP: 83583KAH9<br>LEI: 549300H02Z2SUR0GB419 | Long             | LON              | CORP              | US        |    185879 | PA      | $176702.01    | 0.08%             | 2026-03-17      | Floating      | 10.23%                | No            |                  2 | On Loan: No      |
| Battalion Clo Ltd                                       | Battalion CLO, Ltd.                                                                               | CUSIP: 07134XAA9<br>LEI: 549300EOF4JL75TYXX49 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $802329.70    | 0.36%             | 2034-07-15      | Floating      | 10.54%                | Yes           |                  2 | On Loan: No      |
| Olympus Wtr Us Hldg Corp                                | Olympus Water US Holding Corp.                                                                    | CUSIP: 68163YAB1<br>LEI: 549300YU2GGVCBN3MY89 | Long             | LON              | CORP              | US        |    346772 | PA      | $332131.68    | 0.15%             | 2028-11-09      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Conduent Business Services, LLC TLB 1L                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    308757 | PA      | $293834.40    | 0.13%             | 2028-10-16      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| Alterra Mountain Company                                | Alterra Mountain Co.                                                                              | CUSIP: 46124CAJ6<br>LEI: 549300C5O4FSVNUEI843 | Long             | LON              | CORP              | US        |    526636 | PA      | $519068.42    | 0.23%             | 2028-08-17      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| DCert Buyer, Inc.                                       | DCert Buyer, Inc.                                                                                 | CUSIP: N/A<br>LEI: 549300EF826JEEUCHZ67       | Long             | LON              | CORP              | US        |   1086239 | PA      | $1047829.76   | 0.47%             | 2026-10-16      | Floating      | 8.70%                 | No            |                  2 | On Loan: No      |
| Zelis Cost Management Buyer, Inc.                       | Zelis Cost Management Buyer, Inc.                                                                 | CUSIP: 98932TAD5<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |    759742 | PA      | $750168.84    | 0.34%             | 2026-09-30      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Regatta Xvi Funding Ltd.                                | Regatta XVI Funding, Ltd.                                                                         | CUSIP: 75888QAA9<br>LEI: 254900XPJFGKL5R4O429 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $900544.80    | 0.40%             | 2033-01-15      | Floating      | 11.08%                | Yes           |                  2 | On Loan: No      |
| New Constellis Borrower LLC                             | New Constellis Borrower LLC                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    107755 | PA      | $51902.41     | 0.02%             | 2025-03-27      | Floating      | 15.38%                | No            |                  2 | On Loan: No      |
| Pregis TopCo LLC                                        | Pregis TopCo LLC                                                                                  | CUSIP: N/A<br>LEI: 549300LJXHJYHS1GM034       | Long             | LON              | CORP              | US        |   1121021 | PA      | $1087670.17   | 0.49%             | 2026-07-31      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| Atrium Cdo Corp                                         | Atrium IX                                                                                         | CUSIP: 04964LAJ8<br>LEI: 549300UTF8S11AHH4P70 | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $792101.79    | 0.35%             | 2030-05-28      | Floating      | 11.19%                | Yes           |                  2 | On Loan: No      |
| Constant Contact Inc                                    | Constant Contact, Inc.                                                                            | CUSIP: 21031HAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1669196 | PA      | $1462633.05   | 0.65%             | 2028-02-10      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Eyecare Partners Llc                                    | Eyecare Partners LLC                                                                              | CUSIP: 30233PAH3<br>LEI: 254900ZAACWK09RJ8W93 | Long             | LON              | CORP              | US        |    965111 | PA      | $809245.51    | 0.36%             | 2028-11-15      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Wind River Clo Ltd                                      | THL Credit Wind River CLO, Ltd.                                                                   | CUSIP: 97315XAA1<br>LEI: 254900W8N6WOFX1LSH24 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1209879.75   | 0.54%             | 2036-04-18      | Floating      | 11.25%                | Yes           |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                        | Sabre GLBL, Inc.                                                                                  | CUSIP: N/A<br>LEI: F2TJC7HPPHLHU1AQMP98       | Long             | LON              | CORP              | US        |    180282 | PA      | $163605.48    | 0.07%             | 2027-12-17      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Coherent Corp                                           | Coherent Corp.                                                                                    | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |    146000 | PA      | $125904.56    | 0.06%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Athenahealth Group Inc                                  | AthenaHealth Group, Inc.                                                                          | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   1411000 | PA      | $1042714.33   | 0.47%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Envision Healthcare Corp                                | Envision Healthcare Corp.                                                                         | CUSIP: 29373UAE1<br>LEI: 549300OL60X0LPKY8N60 | Long             | LON              | CORP              | US        |    114612 | PA      | $101574.60    | 0.05%             | 2027-03-31      | Floating      | 12.01%                | No            |                  2 | On Loan: No      |
| N/A                                                     | Sabre GLBL Inc., TLB 1L                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    311213 | PA      | $286123.02    | 0.13%             | 2028-06-30      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| Regatta Viii Funding Ltd                                | Regatta VIII Funding, Ltd.                                                                        | CUSIP: 75888JAA5<br>LEI: 2549002R0TTC87W9EH67 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $452302.40    | 0.20%             | 2030-10-17      | Floating      | 10.18%                | Yes           |                  2 | On Loan: No      |
| United PF Holdings LLC                                  | United PF Holdings LLC                                                                            | CUSIP: 91132UAG8<br>LEI: 2549002AF6PASVP2G486 | Long             | LON              | CORP              | US        |    506933 | PA      | $408081.44    | 0.18%             | 2026-12-30      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | DG Investment Intermediate Hlgds, Inc. TL 1L                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1394934 | PA      | $1337393.00   | 0.60%             | 2028-03-31      | Floating      | 8.84%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Entain Holdings (Gibraltar) Limited, TLB                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GI        |    564901 | PA      | $561607.59    | 0.25%             | 2029-10-31      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Regatta Xxiv Funding Ltd.                               | Regatta XXIV Funding, Ltd.                                                                        | CUSIP: 75889TAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $224110.20    | 0.10%             | 2035-01-20      | Floating      | 11.04%                | Yes           |                  2 | On Loan: No      |
| Anticimex                                               | Seren BidCo AB TL 1L                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | SE        |    669935 | PA      | $648162.44    | 0.29%             | 2028-11-16      | Floating      | 9.25%                 | No            |                  2 | On Loan: No      |
| Pug LLC                                                 | Pug LLC                                                                                           | CUSIP: N/A<br>LEI: 549300NL9JUFIOARLW93       | Long             | LON              | CORP              | US        |   1515564 | PA      | $1250340.04   | 0.56%             | 2027-02-12      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Weber-Stephen Products LLC TLB 1L                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    136696 | PA      | $116191.42    | 0.05%             | 2027-10-30      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2020-II, Ltd.                                                                        | CUSIP: 12547KAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $748332.00    | 0.33%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Regatta Xii Funding Ltd.                                | Regatta XII Funding, Ltd.                                                                         | CUSIP: 75888LAN2<br>LEI: 2549001ZYXDVCT6R4I31 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $449220.25    | 0.20%             | 2032-10-15      | Floating      | 10.43%                | Yes           |                  2 | On Loan: No      |
| Driven Brands                                           | Driven Holdings LLC, TLB                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     98175 | PA      | $92775.05     | 0.04%             | 2028-12-17      | Floating      | 7.74%                 | No            |                  2 | On Loan: No      |
| Ascend Performance Materials Operations LLC             | Ascend Performance Materials Operations LLC                                                       | CUSIP: 04350TAC8<br>LEI: 549300NIMFUIRMMAGQ29 | Long             | LON              | CORP              | US        |    362178 | PA      | $340175.36    | 0.15%             | 2026-08-27      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                        | Carlyle US CLO, Ltd.                                                                              | CUSIP: 14317WAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $3126564.00   | 1.40%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2021-II                                                                              | CUSIP: 12565TAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $2990000.00   | 1.34%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Natel Engineering Company, Inc.                         | Natel Engineering Company, Inc.                                                                   | CUSIP: 63229BAD0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    505451 | PA      | $469650.27    | 0.21%             | 2026-04-30      | Floating      | 10.42%                | No            |                  2 | On Loan: No      |
| Heartland Dental LLC                                    | Heartland Dental, LLC                                                                             | CUSIP: N/A<br>LEI: 5493008FRC0GRKBN1075       | Long             | LON              | CORP              | US        |    489778 | PA      | $451575.46    | 0.20%             | 2025-04-30      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Altice France Sa                                        | Altice France SA                                                                                  | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    667000 | PA      | $507653.70    | 0.23%             | 2029-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Ares Clo Ltd                                            | ARES LI CLO, Ltd.                                                                                 | CUSIP: 04019MAE2<br>LEI: 5493003FNA8PT0CMDE92 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $221036.05    | 0.10%             | 2034-07-15      | Floating      | 10.93%                | Yes           |                  2 | On Loan: No      |
| St. George's University Scholastic Services LLC         | St. George's University Scholastic Services LLC (St. George's University Scholastic Services LLC) | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     72653 | PA      | $70528.03     | 0.03%             | 2029-02-10      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2017-V, Ltd.                                                                         | CUSIP: 12551NAC1<br>LEI: 635400BTAKRBKGRV3X14 | Long             | ABS-O            | CORP              | KY        |   3000000 | PA      | $1073070.00   | 0.48%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Generation Bridge Acquisition LLC                       | Generation Bridge Acquisition LLC                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      7560 | PA      | $7483.96      | 0.00%             | 2028-12-01      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| Ankura Consulting Group LLC                             | Ankura Consulting Group LLC                                                                       | CUSIP: N/A<br>LEI: 549300VJ5EU1KWD54I45       | Long             | LON              | CORP              | US        |    177019 | PA      | $165954.96    | 0.07%             | 2028-03-17      | Floating      | 8.94%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                                | Oak Hill Credit Partners X-R, Ltd.                                                                | CUSIP: 67106KAE7<br>LEI: 549300R39C7C8ZT3OK12 | Long             | ABS-O            | CORP              | KY        |   4800000 | PA      | $1871126.40   | 0.84%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Regatta Xxii Funding Ltd.                               | Regatta XXII Funding, Ltd.                                                                        | CUSIP: 758969AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1350000 | PA      | $1233106.74   | 0.55%             | 2035-07-20      | Floating      | 11.24%                | Yes           |                  2 | On Loan: No      |
| Regatta Xix Funding Ltd                                 | Regatta XIX Funding, Ltd.                                                                         | CUSIP: 75888CAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $456307.95    | 0.20%             | 2035-04-20      | Floating      | 10.84%                | Yes           |                  2 | On Loan: No      |
| Lealand Finance Company B.V.                            | Lealand Finance Company B.V.                                                                      | CUSIP: N5200EAB7<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |     47934 | PA      | $25096.68     | 0.01%             | 2025-06-30      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XXXVII, Ltd.                                                                 | CUSIP: 55817FAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $705100.00    | 0.32%             |  |  |  | Yes           |                  3 | On Loan: No      |
| LaserShip, Inc.                                         | LaserShip, Inc.                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    745852 | PA      | $440052.68    | 0.20%             | 2029-05-07      | Floating      | 12.23%                | No            |                  2 | On Loan: No      |
| Fender Musical Instruments                              | Fender Musical Instruments Corporation                                                            | CUSIP: N/A<br>LEI: 549300G8G1R16J8L5Q60       | Long             | LON              | CORP              | US        |    201741 | PA      | $162401.34    | 0.07%             | 2028-12-01      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| Catamaran Clo Ltd                                       | Catamaran CLO, Ltd.                                                                               | CUSIP: 14889LAC4<br>LEI: 549300KB6N80OR7B9109 | Long             | ABS-O            | CORP              | KY        |    750000 | PA      | $352.50       | 0.00%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Xplornet                                                | Xplornet Communications, Inc. TL 1L                                                               | CUSIP: N/A<br>LEI: 254900V3NB5MGOZS4O08       | Long             | LON              | CORP              | CA        |    140275 | PA      | $108479.12    | 0.05%             | 2028-10-02      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Niagara Park Clo, Ltd.                                  | Niagara Park Clo, Ltd.                                                                            | CUSIP: 65357KAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2648000 | PA      | $1459312.80   | 0.65%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Majordrive Holdings Iv L                                | MajorDrive Holdings IV LLC                                                                        | CUSIP: 56085UAC7<br>LEI: 25490044R1FR5N8FIT62 | Long             | LON              | CORP              | US        |    295982 | PA      | $281182.56    | 0.13%             | 2029-06-01      | Floating      | 10.05%                | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 21, Ltd.                                                                    | CUSIP: 03331LAA5<br>LEI: 54930063NKPB83QNUF90 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $433742.30    | 0.19%             | 2034-10-20      | Floating      | 11.59%                | Yes           |                  2 | On Loan: No      |
| Blackstone Mortgage Tr                                  | Blackstone Mortgage Trust, Inc.                                                                   | CUSIP: 09259GAF0<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | LON              | CORP              | US        |    446068 | PA      | $436031.67    | 0.20%             | 2029-05-09      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Albany Molecular Research                               | Curia Global, Inc.                                                                                | CUSIP: 01242HAM0<br>LEI: CHZJRCSC4ACUSUD2MV11 | Long             | LON              | CORP              | US        |    152493 | PA      | $124885.56    | 0.06%             | 2026-08-30      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2021-VII, Ltd.                                                                       | CUSIP: 12567KAC9<br>LEI: 54930089HD7KU5NUS092 | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $722199.00    | 0.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2017-V, Ltd.                                                                         | CUSIP: 12551NAC1<br>LEI: 635400BTAKRBKGRV3X14 | Long             | ABS-O            | CORP              | KY        |   1500000 | PA      | $536535.00    | 0.24%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Conair Holdings LLC                                     | Conair Holdings LLC                                                                               | CUSIP: N/A<br>LEI: 549300804G00T34FLV17       | Long             | LON              | CORP              | US        |    761852 | PA      | $637098.33    | 0.28%             | 2028-05-17      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2019-V, Ltd.                                                                         | CUSIP: 12555GAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $715899.00    | 0.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cec Entertainment Llc                                   | CEC Entertainment LLC                                                                             | CUSIP: 125137AC3<br>LEI: 549300MWTY75LB8TRO50 | Long             | DBT              | CORP              | US        |    470000 | PA      | $435925.00    | 0.19%             | 2026-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Altice Financing Sa                                     | Altice Financing SA                                                                               | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   1197000 | PA      | $943309.38    | 0.42%             | 2029-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Viasat Inc                                              | Viasat, Inc.                                                                                      | CUSIP: 92555WAD7<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | LON              | CORP              | US        |    596883 | PA      | $579537.29    | 0.26%             | 2029-03-04      | Floating      | 8.70%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XXXVII, Ltd.                                                                 | CUSIP: 55817FAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1500000 | PA      | $1057650.00   | 0.47%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Hudson River Trading LLC                                | Hudson River Trading LLC                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1729983 | PA      | $1632982.75   | 0.73%             | 2028-03-20      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Ascensus                                                | Mercury Borrower, Inc., TL                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    255399 | PA      | $243374.51    | 0.11%             | 2028-08-02      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| Herens Holdco S.a r.l.                                  | Herens Holdco S.a r.l.                                                                            | CUSIP: N/A<br>LEI: 2221002FZ55AMAUX4G64       | Long             | LON              | CORP              | CH        |    603027 | PA      | $551015.56    | 0.25%             | 2028-07-03      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Permian Production Partners                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     18995 | NS      | $12346.75     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | M6 ETX HOLDINGS II MIDCO LLC TLB 1L                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    284310 | PA      | $284042.65    | 0.13%             | 2029-09-19      | Floating      | 9.16%                 | No            |                  2 | On Loan: No      |
| ION Trading Finance, Ltd.                               | ION Trading Finance, Ltd.                                                                         | CUSIP: N/A<br>LEI: 5493009ZVXOKZLQ6QJ12       | Long             | LON              | CORP              | IE        |   1010196 | PA      | $955352.00    | 0.43%             | 2028-04-01      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Snap One 11/21 Cov-Lite TLB                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    758445 | PA      | $692081.22    | 0.31%             | 2028-12-08      | Floating      | 8.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Diversitech Holdings, INC. TL                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    468750 | PA      | $412500.00    | 0.18%             | 2029-12-21      | Floating      | 11.48%                | No            |                  2 | On Loan: No      |
| Elmwood Clo Xi Ltd                                      | Elmwood CLO XI, Ltd.                                                                              | CUSIP: 29002MAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $660045.68    | 0.30%             | 2034-10-20      | Floating      | 10.24%                | Yes           |                  2 | On Loan: No      |
| Global Medical Response, Inc.                           | Global Medical Response, Inc.                                                                     | CUSIP: 00169QAF6<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | LON              | CORP              | US        |   1123082 | PA      | $782653.21    | 0.35%             | 2025-10-02      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                 | Dryden 95 CLO, Ltd.                                                                               | CUSIP: 262485AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3500000 | PA      | $2526359.50   | 1.13%             |  |  |  | Yes           |                  3 | On Loan: No      |
| VC GB Holdings I Corp                                   | Visual Comfort Group, Inc. (fka VC GB Holdings, Inc.)(aka Visual Comfort Generation Brands)       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    169492 | PA      | $140395.31    | 0.06%             | 2029-07-23      | Floating      | 11.13%                | No            |                  2 | On Loan: No      |
| Champ Acquisition Corp.                                 | Champ Acquisition Corp.                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    467048 | PA      | $461210.38    | 0.21%             | 2025-12-19      | Floating      | 10.23%                | No            |                  2 | On Loan: No      |
| Rockland Park Clo Ltd                                   | Rockland Park CLO, Ltd.                                                                           | CUSIP: 77366PAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $2435044.00   | 1.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Triton Solar US Acquisition Co.                         | Triton Solar US Acquisition Co.                                                                   | CUSIP: 89679KAC2<br>LEI: 549300IPISZWWMVNER04 | Long             | LON              | CORP              | US        |    242885 | PA      | $194307.94    | 0.09%             | 2024-10-29      | Floating      | 10.18%                | No            |                  2 | On Loan: No      |
| N/A                                                     | Flutter Financing B.V. TLB 1L                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    453947 | PA      | $451363.95    | 0.20%             | 2028-07-22      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| Bcpe Empire Holdings Inc                                | BCPE Empire Holdings, Inc.                                                                        | CUSIP: 05550HAK1<br>LEI: 549300O2G0VI2955B626 | Long             | LON              | CORP              | US        |    334629 | PA      | $325008.49    | 0.15%             | 2026-06-11      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2019-III, Ltd.                                                                       | CUSIP: 12554UAC2<br>LEI: 254900SVOWCOSOG16T40 | Long             | ABS-O            | CORP              | KY        |    750000 | PA      | $523516.50    | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ares Clo Ltd                                            | ARES LI CLO, Ltd.                                                                                 | CUSIP: 04019MAC6<br>LEI: 5493003FNA8PT0CMDE92 | Long             | ABS-O            | CORP              | KY        |   2300041 | PA      | $1343465.45   | 0.60%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Amneal Pharmaceuticals LLC                              | Amneal Pharmaceuticals, LLC                                                                       | CUSIP: N/A<br>LEI: 54930037VIXE7LRZ1M66       | Long             | LON              | CORP              | US        |    972817 | PA      | $869105.27    | 0.39%             | 2025-05-04      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 1-R, Ltd.                                                                   | CUSIP: 03329BAC7<br>LEI: 549300L8BI45FDIJHO17 | Long             | ABS-O            | CORP              | KY        |    400000 | PA      | $170367.60    | 0.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Forest City Enterprises LP                              | Forest City Enterprises LP                                                                        | CUSIP: N/A<br>LEI: 54930078MCT017XXRD21       | Long             | LON              | CORP              | US        |   1068045 | PA      | $1025654.40   | 0.46%             | 2025-12-08      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Schweitzer-Mauduit International, Inc.                  | Schweitzer-Mauduit International, Inc.                                                            | CUSIP: N/A<br>LEI: 549300Z1FU4IDULG1R21       | Long             | LON              | CORP              | US        |    491922 | PA      | $459946.60    | 0.21%             | 2028-04-20      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| LTR Intermediate Holdings, Inc.                         | LTR Intermediate Holdings, Inc.                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    368231 | PA      | $334323.88    | 0.15%             | 2028-05-05      | Floating      | 9.18%                 | No            |                  2 | On Loan: No      |
| Rockland Park Clo Ltd                                   | Rockland Park CLO, Ltd.                                                                           | CUSIP: 77366PAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $55200.00     | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Viant Medical Holdings, Inc.                            | Medplast Holdings, Inc.                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    982097 | PA      | $862811.69    | 0.39%             | 2025-07-02      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Pacific Bells Llc                                       | Pacific Bells LLC                                                                                 | CUSIP: 69403HAL4<br>LEI: 549300VGOQXINYVBJF37 | Long             | LON              | CORP              | US        |    364247 | PA      | $341179.61    | 0.15%             | 2028-11-10      | Floating      | 9.34%                 | No            |                  2 | On Loan: No      |
| Seaworld Parks & Enterta                                | SeaWorld Parks & Entertainment, Inc.                                                              | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |    600000 | PA      | $522433.32    | 0.23%             | 2029-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Idera, Inc.                                             | Idera, Inc.                                                                                       | CUSIP: 45168RAQ6<br>LEI: 549300VQ6S3PWR8NUC48 | Long             | LON              | CORP              | US        |    195950 | PA      | $184192.53    | 0.08%             | 2028-03-02      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| VeriFone Systems, Inc.                                  | VeriFone Systems, Inc.                                                                            | CUSIP: 92346NAB5<br>LEI: 254900LTTVM8MM9RKV75 | Long             | LON              | CORP              | US        |   2955271 | PA      | $2704545.39   | 1.21%             | 2025-08-20      | Floating      | 8.36%                 | No            |                  2 | On Loan: No      |
| Cumulus Media New Holdings, Inc.                        | Cumulus Media New Holdings, Inc.                                                                  | CUSIP: N/A<br>LEI: 5493001D9VBAVY1OKJ46       | Long             | LON              | CORP              | US        |    699859 | PA      | $653667.94    | 0.29%             | 2026-03-31      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | New Constellis Borrower LLC                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      6795 | NS      | $2548.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2019-III, Ltd.                                                                       | CUSIP: 12554UAE8<br>LEI: 254900SVOWCOSOG16T40 | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $816819.93    | 0.37%             | 2034-10-16      | Floating      | 10.88%                | Yes           |                  2 | On Loan: No      |
| Altice International                                    | Altice Financing S.A. TL1L                                                                        | CUSIP: N/A<br>LEI: 549300DIYGW8HVDF7Q17       | Long             | LON              | CORP              | US        |    496084 | PA      | $476240.22    | 0.21%             | 2026-01-31      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                                | OHA Credit Funding 5, Ltd.                                                                        | CUSIP: 67113NAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $894054.00    | 0.40%             | 2033-04-18      | Floating      | 10.44%                | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Discovery Purchaser Corporation TL 1L                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    657246 | PA      | $597601.27    | 0.27%             | 2029-10-04      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| Majordrive Holdings Iv L                                | MajorDrive Holdings IV LLC                                                                        | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |    545000 | PA      | $406638.13    | 0.18%             | 2029-06-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman Clo Ltd                                | Neuberger Berman Loan Advisers CLO 24, Ltd.                                                       | CUSIP: 64130KAA2<br>LEI: 549300E610NX15ZSSH14 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $903296.50    | 0.40%             | 2030-04-19      | Floating      | 10.25%                | Yes           |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding, Inc.                | Project Alpha Intermediate Holding, Inc.                                                          | CUSIP: 92531HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1569779 | PA      | $1528572.25   | 0.68%             | 2024-04-26      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| Amentum Government Services Holdings Llc                | Amentum Government Services Holdings LLC, TL                                                      | CUSIP: N/A<br>LEI: 5493008CT6B5L54YSE94       | Long             | LON              | CORP              | US        |   2016807 | PA      | $1830252.35   | 0.82%             | 2030-02-15      | Floating      | 12.18%                | No            |                  2 | On Loan: No      |
| N/A                                                     | LSF9 ATLANTIS HOLDINGS, LLC                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    567029 | PA      | $549734.39    | 0.25%             | 2029-03-31      | Floating      | 11.83%                | No            |                  2 | On Loan: No      |
| Foundation Building Materials, Inc.                     | Foundation Building Materials, Inc.                                                               | CUSIP: 35039KAB2<br>LEI: 549300ZVE6MONHB01I28 | Long             | LON              | CORP              | US        |    223344 | PA      | $210892.67    | 0.09%             | 2028-01-31      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| IGT Holding IV AB                                       | IGT Holding IV AB                                                                                 | CUSIP: N/A<br>LEI: 549300S0NZ6VQU5JU607       | Long             | LON              | CORP              | SE        |    103934 | PA      | $101595.09    | 0.05%             | 2028-03-31      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XXXVII, Ltd.                                                                 | CUSIP: 55817FAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3000000 | PA      | $2115300.00   | 0.95%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 7, Ltd.                                                                     | CUSIP: 03328UAJ1<br>LEI: 54930014PVHLSZJQK139 | Long             | ABS-O            | CORP              | KY        |   1750000 | PA      | $506187.50    | 0.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                     | Corgi Bidco, INC. TL 1L                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1251650 | PA      | $1169667.05   | 0.52%             | 2029-10-13      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| Mic Glen Llc                                            | MIC Glen LLC                                                                                      | CUSIP: 55304PAB7<br>LEI: 549300XD843A2SP50882 | Long             | LON              | CORP              | US        |    386867 | PA      | $367384.04    | 0.16%             | 2028-07-21      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Arcis Golf                                              | Arcis 11/21 Cov-Lite TLB                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    308059 | PA      | $299587.55    | 0.13%             | 2028-11-24      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| Regatta Xviii Funding Ltd                               | Regatta XVIII Funding, Ltd.                                                                       | CUSIP: 75884HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4175322 | PA      | $2866379.43   | 1.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Par Petroleum LLC                                       | Par Petroleum LLC                                                                                 | CUSIP: 69889PAB1<br>LEI: 984500CCF05C2FB39F45 | Long             | LON              | CORP              | US        |    303013 | PA      | $297459.00    | 0.13%             | 2026-01-12      | Floating      | 10.58%                | No            |                  2 | On Loan: No      |
| Torrid LLC                                              | Torrid LLC                                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    299397 | PA      | $241763.27    | 0.11%             | 2028-06-14      | Floating      | 8.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | TRC Companies 11/21 TL                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1392799 | PA      | $1328033.68   | 0.59%             | 2028-12-08      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Elmwood Clo Viii Ltd                                    | Elmwood CLO VIII, Ltd.                                                                            | CUSIP: 290021AE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3682755.00   | 1.65%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Clydesdale Acquisition                                  | Clydesdale Acquisition Holdings, Inc.                                                             | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |   2555385 | PA      | $2428689.28   | 1.09%             | 2029-04-13      | Floating      | 8.36%                 | No            |                  2 | On Loan: No      |
| Wind River Clo Ltd                                      | THL Credit Wind River 2018-2 Clo, Ltd.                                                            | CUSIP: 88433LAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    531000 | PA      | $210725.23    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Asurion LLC                                             | Asurion LLC                                                                                       | CUSIP: 04649VAY6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1311512 | PA      | $1145120.77   | 0.51%             | 2027-07-31      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp.                              | Gainwell Acquisition Corp.                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1988587 | PA      | $1861814.52   | 0.83%             | 2027-10-01      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                           | CARNIVAL CORPORATION TLB 1L                                                                       | CUSIP: N/A<br>LEI: F1OF2ZSX47CR0BCWA982       | Long             | LON              | CORP              | PA        |    500000 | PA      | $466750.00    | 0.21%             | 2028-10-18      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Oha Credit Partners Ltd                                 | OHA Credit Partners XII, Ltd.                                                                     | CUSIP: 67110BAC5<br>LEI: 549300QSX7N2T5WWJU16 | Long             | ABS-O            | CORP              | KY        |   1500000 | PA      | $707023.50    | 0.32%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Wind River Clo Ltd                                      | THL Credit Wind River CLO, Ltd.                                                                   | CUSIP: 87249MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $401267.60    | 0.18%             | 2030-11-20      | Floating      | 10.48%                | Yes           |                  2 | On Loan: No      |
| Invesco Clo 2021-1, Ltd                                 | Invesco CLO, Ltd.                                                                                 | CUSIP: 46090YAC3<br>LEI: 25490016C8NV86EY2059 | Long             | ABS-O            | CORP              | KY        |   3000000 | PA      | $2068062.00   | 0.92%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Hilton Grand Vac Bor Esc                                | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc                  | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    529000 | PA      | $459801.51    | 0.21%             | 2029-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2017-III, Ltd.                                                                       | CUSIP: 12548KAC3<br>LEI: 254900S2BZHNDNVF2L25 | Long             | ABS-O            | CORP              | KY        |    750000 | PA      | $233062.50    | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Osmosis Buyer, Ltd.                                     | Osmosis Buyer, Ltd.                                                                               | CUSIP: N/A<br>LEI: 5493005QMH1D47U26R45       | Long             | LON              | CORP              | US        |   1292168 | PA      | $1215180.81   | 0.54%             | 2028-07-31      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 1-R, Ltd.                                                                   | CUSIP: 03329BAC7<br>LEI: 549300L8BI45FDIJHO17 | Long             | ABS-O            | CORP              | KY        |   1750000 | PA      | $745358.25    | 0.33%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Elmwood Clo I Ltd.                                      | Elmwood CLO I, Ltd.                                                                               | CUSIP: 29001QAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   6000000 | PA      | $3595824.00   | 1.61%             |  |  |  | Yes           |                  2 | On Loan: No      |
| athenahealth                                            | Athenahealth Group Inc. TLB 1L                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3273227 | PA      | $2947082.54   | 1.32%             | 2029-02-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Wind River Clo Ltd                                      | Wind River CLO, Ltd.                                                                              | CUSIP: 87248FAC9<br>LEI: 635400WBNY8VGBBADK15 | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $6520.00      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Regatta Xviii Funding Ltd                               | Regatta XVIII Funding, Ltd.                                                                       | CUSIP: 75884HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3000000 | PA      | $2059515.00   | 0.92%             |  |  |  | Yes           |                  3 | On Loan: No      |
| United PF Holdings LLC                                  | United PF Holdings LLC                                                                            | CUSIP: 91132UAK9<br>LEI: 2549002AF6PASVP2G486 | Long             | LON              | CORP              | US        |    352800 | PA      | $310464.00    | 0.14%             | 2026-12-30      | Floating      | 12.17%                | No            |                  2 | On Loan: No      |
| Crocs                                                   | Crocs, Inc.TLB 1L                                                                                 | CUSIP: N/A<br>LEI: 549300B0J6YCXD63OG72       | Long             | LON              | CORP              | US        |   2470406 | PA      | $2417909.99   | 1.08%             | 2029-02-20      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| Mavenir Systems, Inc.                                   | Mavenir Systems, Inc.                                                                             | CUSIP: N/A<br>LEI: 549300Q70CXM8TJLTD42       | Long             | LON              | CORP              | US        |    486314 | PA      | $392698.43    | 0.18%             | 2028-08-18      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| Recette Clo Llc                                         | Recette Clo, Ltd.                                                                                 | CUSIP: 75620RAC6<br>LEI: 549300392I5L5XOJ0016 | Long             | ABS-O            | CORP              | KY        |  10400000 | PA      | $3744228.80   | 1.67%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Upland Software, Inc.                                   | Upland Software, Inc.                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    970000 | PA      | $921500.00    | 0.41%             | 2026-08-06      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Sabert Corp.                                            | Sabert Corp.                                                                                      | CUSIP: N/A<br>LEI: 54930029JPYBTHDWT603       | Long             | LON              | CORP              | US        |   1267493 | PA      | $1254817.70   | 0.56%             | 2026-12-10      | Floating      | 8.94%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | American Axle & Manufacturing, Inc., TLB                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    227005 | PA      | $221709.16    | 0.10%             | 2029-12-13      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital Clo 16, Ltd.                                                                    | CUSIP: 03330XAJ1<br>LEI: 5493008M7D1YIDOH2C69 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1754198.20   | 0.78%             | 2035-01-19      | Floating      | 11.58%                | Yes           |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2018-I, Ltd.                                                                         | CUSIP: 12547WAC8<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-O            | CORP              | KY        |   3250000 | PA      | $1518946.00   | 0.68%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2018-III, Ltd.                                                                       | CUSIP: 12552BAE2<br>LEI: 635400OB7ZCBUWDQNV87 | Long             | ABS-O            | CORP              | KY        |   3000000 | PA      | $1197606.00   | 0.54%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cornerstone OnDemand, Inc.                              | Cornerstone OnDemand, Inc.                                                                        | CUSIP: N/A<br>LEI: 549300Z402F16H5EGH48       | Long             | LON              | CORP              | US        |    637105 | PA      | $567023.86    | 0.25%             | 2028-10-16      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Rockland Park Clo Ltd                                   | Rockland Park CLO, Ltd.                                                                           | CUSIP: 77366PAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3043805.00   | 1.36%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Carlyle Global Market Strategies                        | Carlyle Global Market Strategies                                                                  | CUSIP: 143113AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $720389.60    | 0.32%             | 2035-04-20      | Floating      | 11.36%                | Yes           |                  2 | On Loan: No      |
| Herschend Entertainment Company LLC                     | Herschend Entertainment Company LLC                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    132067 | PA      | $130581.22    | 0.06%             | 2028-08-27      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| Bcpe Empire Holdings Inc                                | BCPE Empire Holdings, Inc.                                                                        | CUSIP: 05550HAL9<br>LEI: 549300O2G0VI2955B626 | Long             | LON              | CORP              | US        |    101564 | PA      | $98516.72     | 0.04%             | 2026-06-11      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2022-I, Ltd.                                                                         | CUSIP: 12570BAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1767878.20   | 0.79%             | 2035-04-17      | Floating      | 10.26%                | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                             | Allied Universal Holdco LLC                                                                       | CUSIP: 01957TAH0<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |    979581 | PA      | $928769.83    | 0.42%             | 2028-05-12      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Intrado Corp.                                           | Intrado Corp.                                                                                     | CUSIP: 68162RAC5<br>LEI: 5493005Z5DB0O5S30R71 | Long             | LON              | CORP              | US        |    208535 | PA      | $191591.24    | 0.09%             | 2024-10-10      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 18, Ltd.                                                                    | CUSIP: 03331BAG4<br>LEI: 549300JIJ617WYIUFX18 | Long             | ABS-O            | CORP              | KY        |    850000 | PA      | $559978.30    | 0.25%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2019-V, Ltd.                                                                         | CUSIP: 12554YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2500000 | PA      | $1789747.50   | 0.80%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CPC Acquisition Corp.                                   | CPC Acquisition Corp.                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    110381 | PA      | $79363.87     | 0.04%             | 2027-12-29      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Verscend Holding Corp.                                  | Verscend Holding Corp.                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    135802 | PA      | $133764.97    | 0.06%             | 2029-04-02      | Floating      | 11.38%                | No            |                  2 | On Loan: No      |
| Apidos Clo                                              | Apidos CLO XXXII                                                                                  | CUSIP: 03768QAQ1<br>LEI: 549300CXPXW83QGWOL98 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $229785.23    | 0.10%             | 2033-01-20      | Floating      | 10.99%                | Yes           |                  2 | On Loan: No      |
| Curium BidCo S.a r.l.                                   | Curium BidCo S.a r.l.                                                                             | CUSIP: L2210TAE5<br>LEI: 213800P2VV9KG6N9L140 | Long             | LON              | CORP              | LU        |    421188 | PA      | $409605.31    | 0.18%             | 2027-12-02      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | ELEMENT MTRL TECH GP HLDG DTL                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    322794 | PA      | $314723.99    | 0.14%             | 2029-06-22      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| Elmwood Clo Vii Ltd.                                    | Elmwood CLO VII, Ltd.                                                                             | CUSIP: 29002RAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3000000 | PA      | $2176827.00   | 0.97%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Star US Bidco LLC                                       | Star US Bidco LLC                                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    343922 | PA      | $326726.15    | 0.15%             | 2027-03-17      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC                                            | Acrisure LLC                                                                                      | CUSIP: 00488PAN5<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    683100 | PA      | $647449.01    | 0.29%             | 2027-02-15      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Weber-Stephen Products LLC                              | Weber-Stephen Products LLC                                                                        | CUSIP: N/A<br>LEI: 549300XU8TJBBGLK8V26       | Long             | LON              | CORP              | US        |    495393 | PA      | $416129.85    | 0.19%             | 2027-10-30      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                             | Asurion LLC                                                                                       | CUSIP: N/A<br>LEI: 549300KNQVXGIOXWK278       | Long             | LON              | CORP              | US        |   1104603 | PA      | $853703.10    | 0.38%             | 2029-01-20      | Floating      | 9.63%                 | No            |                  2 | On Loan: No      |
| American Tire Distributors                              | American Tire Distributors, Inc., TLB                                                             | CUSIP: N/A<br>LEI: HZ8T88YVE2JVXJ0BTQ24       | Long             | LON              | CORP              | US        |    497700 | PA      | $452907.18    | 0.20%             | 2028-10-20      | Floating      | 10.61%                | No            |                  2 | On Loan: No      |
| Southern Veterinary Partners LLC                        | Southern Veterinary Partners LLC                                                                  | CUSIP: 84410HAC4<br>LEI: 549300DT78GYJYRK0R74 | Long             | LON              | CORP              | US        |     90327 | PA      | $86337.34     | 0.04%             | 2027-10-05      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| BrightView Landscapes (fka Brickman)                    | BRIGHTVIEW LANDSCAPES, LLC TLB1L                                                                  | CUSIP: N/A<br>LEI: 549300OSAEQC89PVOW06       | Long             | LON              | CORP              | US        |   1272334 | PA      | $1223030.67   | 0.55%             | 2029-04-20      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Brown Group Hldg TLB2 1L                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    286763 | PA      | $285463.48    | 0.13%             | 2029-07-02      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Corporation Service Company TLB 1L                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    351483 | PA      | $347089.88    | 0.16%             | 2029-11-02      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Sabre Glbl Inc                                          | Sabre GLBL, Inc.                                                                                  | CUSIP: 78573NAH5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    461000 | PA      | $476886.06    | 0.21%             | 2027-12-15      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Syniverse Holdings, Inc.TL 1L                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    429476 | PA      | $373107.26    | 0.17%             | 2027-05-13      | Floating      | 10.55%                | No            |                  2 | On Loan: No      |
| First Brands (Trico Group)                              | First Brands Group, LLC                                                                           | CUSIP: N/A<br>LEI: 2549005IXRZR7KSBJD91       | Long             | LON              | CORP              | US        |    571471 | PA      | $539468.76    | 0.24%             | 2027-03-30      | Floating      | 8.37%                 | No            |                  2 | On Loan: No      |
| Ingram Micro, Inc.                                      | Ingram Micro, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300KJMEWPKRQZHX63       | Long             | LON              | CORP              | US        |    543354 | PA      | $533845.40    | 0.24%             | 2028-06-30      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Recette Clo Llc                                         | Recette Clo, Ltd.                                                                                 | CUSIP: 75620RAH5<br>LEI: 549300392I5L5XOJ0016 | Long             | ABS-O            | CORP              | KY        |  10400000 | PA      | $31096.00     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Elmwood Clo Ii Ltd.                                     | Elmwood CLO II, Ltd.                                                                              | CUSIP: 29001RAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5500000 | PA      | $3986950.00   | 1.78%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Acrisure LLC                                            | Acrisure LLC                                                                                      | CUSIP: 00488PAL9<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    803449 | PA      | $752229.43    | 0.34%             | 2027-02-15      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Casa Systems, Inc.                                      | Casa Systems, Inc.                                                                                | CUSIP: 14712WAB5<br>LEI: 549300PNQ0GUDHNZLG66 | Long             | LON              | CORP              | US        |    899574 | PA      | $782629.48    | 0.35%             | 2023-12-20      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Cimpress plc                                            | Cimpress plc                                                                                      | CUSIP: N2014AAE2<br>LEI: 549300IW5HMWD8APDH34 | Long             | LON              | CORP              | US        |    164019 | PA      | $146737.78    | 0.07%             | 2028-05-17      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Ares Clo Ltd                                            | Ares LV CLO, Ltd.                                                                                 | CUSIP: 04018DAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1525000 | PA      | $1355110.73   | 0.61%             | 2034-07-15      | Floating      | 10.43%                | Yes           |                  2 | On Loan: No      |
| Magnetite Clo Ltd                                       | Magnetite XXIV, Ltd.                                                                              | CUSIP: 55954XAE7<br>LEI: 549300P6T1S83Z2MDF55 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $441883.15    | 0.20%             | 2035-04-15      | Floating      | 10.26%                | Yes           |                  2 | On Loan: No      |
| Gopher Resource, LLC                                    | Gopher Resource, Llc Tlb                                                                          | CUSIP: N/A<br>LEI: 549300BTDNOXC3JSII89       | Long             | LON              | CORP              | US        |    493548 | PA      | $328209.71    | 0.15%             | 2025-03-06      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 9, Ltd.                                                                     | CUSIP: 03328XAL0<br>LEI: 5493009A4SIPWYPZDB35 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1670861.00   | 0.75%             | 2032-07-15      | Floating      | 10.90%                | Yes           |                  2 | On Loan: No      |
| Neuberger Berman Clo Ltd                                | Neuberger Berman Loan Advisers CLO 32, Ltd.                                                       | CUSIP: 64132EAL0<br>LEI: 5493007YBEOXQIHH3C54 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1348513.95   | 0.60%             | 2032-01-20      | Floating      | 10.33%                | Yes           |                  2 | On Loan: No      |
| CommerceHub, Inc.                                       | CommerceHub, Inc.                                                                                 | CUSIP: N/A<br>LEI: 549300V3JZOSIRXFRG67       | Long             | LON              | CORP              | US        |    819136 | PA      | $749100.29    | 0.34%             | 2027-12-29      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| EyeCare Partners LLC                                    | Eyecare Partners LLC                                                                              | CUSIP: N/A<br>LEI: 254900ZAACWK09RJ8W93       | Long             | LON              | CORP              | US        |    478728 | PA      | $381388.47    | 0.17%             | 2027-02-18      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Rockland Park Clo Ltd                                   | Rockland Park CLO, Ltd.                                                                           | CUSIP: 77366PAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $16500.00     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2019-VI, Ltd.                                                                        | CUSIP: 12556CAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $461362.70    | 0.21%             | 2033-01-16      | Floating      | 11.48%                | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                 | Dryden 43 Senior Loan Fund                                                                        | CUSIP: 26245BAA3<br>LEI: 5493002P75UIPU4MC757 | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $2752020.00   | 1.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                     | Chart Industries, Inc., TLB                                                                       | CUSIP: 16115EAQ0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1138979 | PA      | $1125459.41   | 0.50%             | 2029-12-07      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2015-I, Ltd.                                                                         | CUSIP: 12548NAQ6<br>LEI: 5493001TP5YQV9X08Z14 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $420343.20    | 0.19%             | 2031-01-22      | Floating      | 10.32%                | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Garda World Security Corporation TLB 1L                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1295939 | PA      | $1244101.73   | 0.56%             | 2029-02-01      | Floating      | 8.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | FIRST BRANDS GROUP, LLC, TL                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    486473 | PA      | $457892.41    | 0.20%             | 2027-03-30      | Floating      | 9.79%                 | No            |                  2 | On Loan: No      |
| LCPR Loan Financing LLC                                 | LCPR Loan Financing LLC                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    583258 | PA      | $577063.36    | 0.26%             | 2028-10-16      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 19, Ltd.                                                                    | CUSIP: 03328KAC8<br>LEI: 549300ZNOS7Q8W8H3S38 | Long             | ABS-O            | CORP              | KY        |   7000000 | PA      | $4091500.00   | 1.83%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Sound Point Clo Ltd                                     | Sound Point CLO II, Ltd.                                                                          | CUSIP: 83608FAH1<br>LEI: 549300Q00FJ0WHHYC788 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $170499.48    | 0.08%             | 2031-01-26      | Floating      | 9.83%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Asurion LLC TLB 1L                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    482826 | PA      | $429835.72    | 0.19%             | 2028-08-19      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| New Constellis Borrower LLC                             | Constellis Holdings LLC                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    119765 | PA      | $99105.30     | 0.04%             | 2024-03-27      | Floating      | 11.88%                | No            |                  2 | On Loan: No      |
| Apex Group Treasury, Ltd.                               | Apex Group Treasury, Ltd.                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1029590 | PA      | $978110.52    | 0.44%             | 2028-07-27      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Franchise Group, Inc.                                   | Franchise Group, Inc.                                                                             | CUSIP: N/A<br>LEI: 549300MWCHSL8BSOMV77       | Long             | LON              | CORP              | US        |   1116957 | PA      | $1072278.69   | 0.48%             | 2026-03-10      | Floating      | 8.69%                 | No            |                  2 | On Loan: No      |
| Peraton Corp.                                           | Peraton Corp.                                                                                     | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   1104042 | PA      | $1076209.47   | 0.48%             | 2028-02-01      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Vertex Aerospace                                        | Vertex Aerospace 11/21                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1351969 | PA      | $1326200.65   | 0.59%             | 2028-12-06      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| RLG Holdings LLC                                        | RLG Holdings LLC                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1660821 | PA      | $1559793.07   | 0.70%             | 2028-07-07      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Radiology Partners, Inc.                                | Radiology Partners, Inc.                                                                          | CUSIP: N/A<br>LEI: 549300SFTAG2177WUZ08       | Long             | LON              | CORP              | US        |    705573 | PA      | $590035.71    | 0.26%             | 2025-07-09      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| AQ Carver Buyer, Inc.                                   | AQ Carver Buyer, Inc.                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    453853 | PA      | $452718.67    | 0.20%             | 2025-09-23      | Floating      | 9.38%                 | No            |                  2 | On Loan: No      |
| Shutterfly LLC                                          | Shutterfly LLC                                                                                    | CUSIP: N/A<br>LEI: 549300I1C8WJQ5FZE154       | Long             | LON              | CORP              | US        |    671941 | PA      | $378490.80    | 0.17%             | 2026-09-25      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| OneDigital Health and Benefits                          | OneDigital Borrower, LLC TL 1L                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1319729 | PA      | $1243844.59   | 0.56%             | 2027-11-16      | Floating      | 8.49%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Hunter Douglas Inc. TLB 1L                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2246455 | PA      | $1967647.82   | 0.88%             | 2029-02-26      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| CIFC Funding 2017-III Ltd./CIFC Funding 2017-III LLC    | CIFC Funding 2017-3a Sub                                                                          | CUSIP: 12548KAC3<br>LEI: 254900S2BZHNDNVF2L25 | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $201987.50    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Oak Hill Credit Partners                                | OHA Credit Funding 7, Ltd.                                                                        | CUSIP: 67111WAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $790202.43    | 0.35%             | 2037-02-24      | Floating      | 10.21%                | Yes           |                  2 | On Loan: No      |
| SkyMiles IP, Ltd.                                       | SkyMiles IP, Ltd.                                                                                 | CUSIP: N/A<br>LEI: 2549008L7P4I8VB90936       | Long             | LON              | CORP              | US        |     95123 | PA      | $96835.31     | 0.04%             | 2027-10-20      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 4-R, Ltd.                                                                   | CUSIP: 03329JAA4<br>LEI: 549300MP4QPQUMB6AD63 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1658857.40   | 0.74%             | 2031-01-28      | Floating      | 9.87%                 | Yes           |                  2 | On Loan: No      |
| Spin Holdco, Inc.                                       | Spin Holdco, Inc.                                                                                 | CUSIP: N/A<br>LEI: 549300QAS44U2GUXGK45       | Long             | LON              | CORP              | US        |   1424625 | PA      | $1196328.84   | 0.54%             | 2028-03-04      | Floating      | 8.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | TransDigm Inc., TLH                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     75739 | PA      | $75370.01     | 0.03%             | 2027-02-22      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | DELEK US HOLDINGS, INC. TLB                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    508570 | PA      | $488354.62    | 0.22%             | 2029-11-19      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| At Home Group, Inc.                                     | At Home Group, Inc.                                                                               | CUSIP: N/A<br>LEI: 549300LGPR0P05O30I24       | Long             | LON              | CORP              | US        |    419669 | PA      | $328705.68    | 0.15%             | 2028-07-24      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Jo-Ann Stores LLC                                       | Jo-Ann Stores LLC                                                                                 | CUSIP: N/A<br>LEI: 549300GM65RR2EMGLI48       | Long             | LON              | CORP              | US        |   1115501 | PA      | $749248.64    | 0.34%             | 2028-07-07      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| Generation Bridge Acquisition LLC                       | Generation Bridge Acquisition LLC                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    360138 | PA      | $356536.13    | 0.16%             | 2028-12-01      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| Conservice Midco LLC                                    | Conservice Midco LLC                                                                              | CUSIP: 20848PAB4<br>LEI: 254900F6TNZYKCEM6A28 | Long             | LON              | CORP              | US        |   1105540 | PA      | $1070074.26   | 0.48%             | 2027-05-13      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| Rad Clo 12 Ltd                                          | Rad CLO 12, Ltd.                                                                                  | CUSIP: 75009QAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1748971.00   | 0.78%             | 2034-10-30      | Floating      | 10.76%                | Yes           |                  2 | On Loan: No      |
| Thompson Park Clo, Ltd                                  | Thompson Park CLO, Ltd.                                                                           | CUSIP: 884886AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $3177976.00   | 1.42%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Carlyle Global Market Strategies                        | Carlyle US CLO, Ltd.                                                                              | CUSIP: 14317QAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    933000 | PA      | $320577.87    | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Infinite Bidco LLC                                      | Infinite Bidco LLC                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     69869 | PA      | $63930.14     | 0.03%             | 2029-03-02      | Floating      | 11.73%                | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XLVIII, Ltd.                                                                 | CUSIP: 55821WAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1374661.05   | 0.61%             | 2033-04-19      | Floating      | 10.48%                | Yes           |                  2 | On Loan: No      |
| DG Investment Intermediate Holdings 2, Inc.             | DG Investment Intermediate Holdings 2, Inc.                                                       | CUSIP: N/A<br>LEI: 549300AE79DEGS4AGL59       | Long             | LON              | CORP              | US        |    292804 | PA      | $257178.51    | 0.12%             | 2029-03-30      | Floating      | 10.82%                | No            |                  2 | On Loan: No      |
| Lealand Finance Company B.V.                            | Lealand Finance Company B.V.                                                                      | CUSIP: N5200EAC5<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |      8469 | PA      | $5292.93      | 0.00%             | 2024-06-30      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Invesco Clo Ltd                                         | Invesco CLO, Ltd.                                                                                 | CUSIP: 46091AAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3058130.00   | 1.37%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding LX, Ltd.                                                                     | CUSIP: 557911AA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1212500.00   | 0.54%             | 2035-10-25      | Floating      | 8.95%                 | Yes           |                  2 | On Loan: No      |
| Elmwood Clo Iii Ltd                                     | Elmwood CLO III, Ltd.                                                                             | CUSIP: 29002JAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5250000 | PA      | $3520020.00   | 1.57%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Majordrive Holdings IV LLC                              | Majordrive Holdings IV LLC                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    252838 | PA      | $237035.18    | 0.11%             | 2028-06-01      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| AEA International Holdings S.a.r.l.                     | AEA International Holdings S.a.r.l.                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    215605 | PA      | $212909.80    | 0.10%             | 2028-09-07      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Apex Group Treasury LLC TL 1L                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |     76023 | PA      | $73742.74     | 0.03%             | 2028-07-27      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| LS Group Opco Acquisition LLC                           | LS Group Opco Acquisition LLC                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    322351 | PA      | $317113.14    | 0.14%             | 2027-11-02      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | LHS Borrower                                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    913461 | PA      | $743329.01    | 0.33%             | 2029-02-16      | Floating      | 8.94%                 | No            |                  2 | On Loan: No      |
| TruGreen LP                                             | TruGreen LP                                                                                       | CUSIP: N/A<br>LEI: 549300QNRP2MNHR3QM19       | Long             | LON              | CORP              | US        |    125392 | PA      | $91536.05     | 0.04%             | 2028-11-02      | Floating      | 12.91%                | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                                | OHA Credit Funding 2, Ltd.                                                                        | CUSIP: 67707FAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $890615.80    | 0.40%             | 2034-04-21      | Floating      | 10.64%                | Yes           |                  2 | On Loan: No      |
| HighTower Holding LLC                                   | HighTower Holding LLC                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    557494 | PA      | $509175.89    | 0.23%             | 2028-04-21      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| Envision Healthcare Corp                                | Envision Healthcare Corp.                                                                         | CUSIP: 29373UAF8<br>LEI: 549300OL60X0LPKY8N60 | Long             | LON              | CORP              | US        |    812649 | PA      | $276300.49    | 0.12%             | 2027-03-31      | Floating      | 8.37%                 | No            |                  2 | On Loan: No      |
| UKG                                                     | Ultimate Software 11/21 TL                                                                        | CUSIP: N/A<br>LEI: 529900FKHWSTQ1GXK240       | Long             | LON              | CORP              | US        |   1244826 | PA      | $1182584.91   | 0.53%             | 2026-05-04      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                 | Dryden 87 CLO, Ltd.                                                                               | CUSIP: 26246HAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2000000 | PA      | $1517194.00   | 0.68%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                     | BROOKFIELD WEC HOLDINGS INC.TL 1L                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    305631 | PA      | $304007.88    | 0.14%             | 2025-08-01      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XXXVII, Ltd.                                                                 | CUSIP: 55817FAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $682896.00    | 0.31%             | 2033-07-15      | Floating      | 10.23%                | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Titan Acquisition Co New Zealand Limited TL 1L                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NZ        |    463848 | PA      | $442589.45    | 0.20%             | 2028-10-18      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                        | Carlyle Global Market Strategies CLO, Ltd.                                                        | CUSIP: 14310CAC3<br>LEI: 549300CVBX8ZUYQV3Q10 | Long             | ABS-O            | CORP              | KY        |   3500000 | PA      | $632695.00    | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                     | Altice Financing S.A. TL 1L                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    923198 | PA      | $881653.99    | 0.39%             | 2027-10-28      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| Sharp Packaging                                         | Sharp MidCo, LLC TL 1L                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    349150 | PA      | $329947.20    | 0.15%             | 2028-12-31      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | ELEMENT MTRL TECH GP HLDG TL                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    699387 | PA      | $681901.97    | 0.30%             | 2029-06-22      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Kuehg Corp                                              | KUEHG Corp.                                                                                       | CUSIP: 50118YAB5<br>LEI: 549300YNT566T1NYJX62 | Long             | LON              | CORP              | US        |    800000 | PA      | $762800.00    | 0.34%             | 2025-08-22      | Floating      | 12.98%                | No            |                  2 | On Loan: No      |
| Planview Parent, Inc.                                   | Planview Parent, Inc.                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    953515 | PA      | $882850.08    | 0.39%             | 2027-12-17      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd                               | Anchorage Capital CLO 3-R, Ltd.                                                                   | CUSIP: 03330BAC4<br>LEI: 549300V7DN3VJ8H1GE96 | Long             | ABS-O            | CORP              | KY        |   1400000 | PA      | $462518.00    | 0.21%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Chill Merger Sub Inc                                    | Chill Merger Sub, Inc.                                                                            | CUSIP: 03970JAD0<br>LEI: 549300U4GC326QGP7Z68 | Long             | LON              | CORP              | US        |   1250000 | PA      | $1096875.00   | 0.49%             | 2024-03-20      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Magenta Buyer LLC                                       | Magenta Buyer LLC                                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2153604 | PA      | $1833255.76   | 0.82%             | 2028-07-27      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| ProAmpac PG Borrower LLC                                | ProAmpac PG Borrower LLC                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     77523 | PA      | $74002.10     | 0.03%             | 2025-11-03      | Floating      | 7.87%                 | No            |                  2 | On Loan: No      |
| Staples, Inc.                                           | Staples, Inc.                                                                                     | CUSIP: N/A<br>LEI: XQM2JINI1UL7642TU573       | Long             | LON              | CORP              | US        |    962809 | PA      | $888460.84    | 0.40%             | 2026-04-16      | Floating      | 9.44%                 | No            |                  2 | On Loan: No      |
| Creative Artists Agency LLC                             | Creative Artists Agency LLC                                                                       | CUSIP: N/A<br>LEI: 5493008FV5TCFL3KHH96       | Long             | LON              | CORP              | US        |    367021 | PA      | $363732.80    | 0.16%             | 2026-11-27      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| Virtu Financial                                         | VFH Parent LLC TLB 1L                                                                             | CUSIP: N/A<br>LEI: 549300FRO9M476YHHY64       | Long             | LON              | CORP              | US        |     75641 | PA      | $73485.07     | 0.03%             | 2029-01-13      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Paysafe Holdings(us)                                    | Paysafe Holdings US Corp.                                                                         | CUSIP: 70451NAB2<br>LEI: 549300N8UN7DUDH51357 | Long             | LON              | CORP              | US        |    145802 | PA      | $138724.31    | 0.06%             | 2028-06-28      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Mln Us Holdco Llc                                       | MLN US Holdco LLC                                                                                 | CUSIP: 55292HAJ2<br>LEI: 549300QKU7NPW6O86862 | Long             | LON              | CORP              | US        |    128761 | PA      | $101077.71    | 0.05%             | 2027-10-18      | Floating      | 11.12%                | No            |                  2 | On Loan: No      |
| Edelman Financial Center LLC                            | Edelman Financial Center LLC                                                                      | CUSIP: 27943TAB5<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    626984 | PA      | $561934.41    | 0.25%             | 2026-07-20      | Floating      | 11.13%                | No            |                  2 | On Loan: No      |
| Rockland Park Clo Ltd                                   | Rockland Park CLO, Ltd.                                                                           | CUSIP: 77366PAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $13200.00     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Pelican Products                                        | Pelican Products, Inc. TL                                                                         | CUSIP: N/A<br>LEI: 5493008CRWH2WFODTF44       | Long             | LON              | CORP              | US        |    487582 | PA      | $433947.54    | 0.19%             | 2028-12-29      | Floating      | 8.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Spirit AeroSystems, Inc. TL 1L                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    114656 | PA      | $113617.37    | 0.05%             | 2027-01-15      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| Wind River Clo Ltd                                      | THL Credit Wind River CLO, Ltd.                                                                   | CUSIP: 88432XAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2000000 | PA      | $1082800.00   | 0.48%             |  |  |  | Yes           |                  3 | On Loan: No      |
| EagleView Technology Corp.                              | EagleView Technology Corp.                                                                        | CUSIP: N/A<br>LEI: 549300HLIL8HO4PPLG50       | Long             | LON              | CORP              | US        |    792010 | PA      | $691772.84    | 0.31%             | 2025-08-14      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Atrium Cdo Corp                                         | Atrium XIV LLC                                                                                    | CUSIP: 04965HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $451089.40    | 0.20%             | 2030-08-23      | Floating      | 9.73%                 | Yes           |                  2 | On Loan: No      |
| Herens Holdco Sarl                                      | Herens Holdco Sarl                                                                                | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |    444000 | PA      | $331890.00    | 0.15%             | 2028-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Elmwood Clo Ii Ltd.                                     | Elmwood CLO II, Ltd.                                                                              | CUSIP: 29001LAS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1176456.13   | 0.53%             | 2034-04-20      | Floating      | 7.24%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                | Madison Park Funding XXIX, Ltd.                                                                   | CUSIP: 55820EAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3750000 | PA      | $1894841.25   | 0.85%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Olaplex                                                 | Olaplex, Inc. TL 1L                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1179295 | PA      | $1096744.35   | 0.49%             | 2029-02-23      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Assuredpartners Inc                                     | AssuredPartners, Inc.                                                                             | CUSIP: 04621HAS2<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |   1040631 | PA      | $1006289.78   | 0.45%             | 2027-02-13      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Ares Clo Ltd                                            | ARES LI CLO, Ltd.                                                                                 | CUSIP: 04017LAA4<br>LEI: 5493003FNA8PT0CMDE92 | Long             | ABS-O            | CORP              | KY        |   1699959 | PA      | $992954.55    | 0.44%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Athletico Physical Therapy                              | Accelerated Health Systems, LLC TLB 1L                                                            | CUSIP: N/A<br>LEI: 549300FAKU4HJQC25564       | Long             | LON              | CORP              | US        |    307383 | PA      | $248596.22    | 0.11%             | 2029-02-15      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| UKG                                                     | Ultimate Software 11/21 2nd Lien TL                                                               | CUSIP: N/A<br>LEI: 529900FKHWSTQ1GXK240       | Long             | LON              | CORP              | US        |     75676 | PA      | $69281.09     | 0.03%             | 2027-05-03      | Floating      | 9.00%                 | No            |                  2 | On Loan: No      |
| Multi-Color Corp/Fort Dearborn                          | LABL, INC. TL 1L                                                                                  | CUSIP: N/A<br>LEI: 5493004FUZN8R6Y3VB98       | Long             | LON              | CORP              | US        |    964590 | PA      | $913012.96    | 0.41%             | 2028-10-29      | Floating      | 9.38%                 | No            |                  2 | On Loan: No      |
| Symphony Clo Ltd                                        | Symphony CLO XXIV, Ltd.                                                                           | CUSIP: 87167RAA4<br>LEI: 5493007X3UVVYJ005O73 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $897388.20    | 0.40%             | 2032-01-23      | Floating      | 11.32%                | Yes           |                  2 | On Loan: No      |
| N/A                                                     | CEC Brands, LLC                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     10454 | NS      | $214307.00    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| WCG Purchaser Corp.                                     | WCG Purchaser Corp.                                                                               | CUSIP: 23343FAB0<br>LEI: 254900CEZYHAWVXDTS47 | Long             | LON              | CORP              | US        |    536911 | PA      | $485904.47    | 0.22%             | 2027-01-08      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| RVR Dealership Holdings LLC                             | RVR Dealership Holdings LLC                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1007368 | PA      | $925095.96    | 0.41%             | 2028-02-08      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Ineos US Finance LLC, TLB                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    240394 | PA      | $236274.06    | 0.11%             | 2027-11-08      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Rent-a-center Inc                                       | Rent-A-Center, Inc.                                                                               | CUSIP: 76009WAW0<br>LEI: 529900QUHE15UQNCCJ63 | Long             | LON              | CORP              | US        |    892357 | PA      | $857777.71    | 0.38%             | 2028-02-17      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| Viad Corp                                               | Viad Corp                                                                                         | CUSIP: N/A<br>LEI: 549300PXU4ZW7LPO5Y40       | Long             | LON              | CORP              | US        |   1485000 | PA      | $1395900.00   | 0.62%             | 2028-07-30      | Floating      | 9.38%                 | No            |                  2 | On Loan: No      |
| Windstream Services II LLC                              | Windstream Services II LLC                                                                        | CUSIP: N/A<br>LEI: 549300KT9GVEBYCD2N29       | Long             | LON              | CORP              | US        |   1437472 | PA      | $1297318.69   | 0.58%             | 2027-09-21      | Floating      | 10.44%                | No            |                  2 | On Loan: No      |
| Sc Games Holdin/us Finco                                | Scientific Games Holdings LP/Scientific Games US FinCo, Inc.                                      | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $173163.50    | 0.08%             | 2030-03-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Ascend Learning                                         | Ascend Learning 11/21 2nd Lien TL                                                                 | CUSIP: N/A<br>LEI: 549300T466HKRLVCD610       | Long             | LON              | CORP              | US        |    462963 | PA      | $395254.66    | 0.18%             | 2029-12-10      | Floating      | 10.13%                | No            |                  2 | On Loan: No      |
| Sunshine Luxembourg Vii                                 | Sunshine Luxembourg VII Sarl                                                                      | CUSIP: L8908YAE8<br>LEI: 254900CHQOBZNYV4DY60 | Long             | LON              | CORP              | LU        |    742424 | PA      | $709839.24    | 0.32%             | 2026-10-01      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2019-V, Ltd.                                                                         | CUSIP: 12555GAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $907308.70    | 0.41%             | 2035-01-15      | Floating      | 10.86%                | Yes           |                  2 | On Loan: No      |
| Ss&c Technologies Inc                                   | SS&C Technologies, Inc.                                                                           | CUSIP: 78466DBH6<br>LEI: 549300KY09TR3J12JU49 | Long             | LON              | CORP              | US        |    388006 | PA      | $380342.61    | 0.17%             | 2029-03-22      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                                | OHA Credit Funding 9, Ltd.                                                                        | CUSIP: 67114DAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $887981.50    | 0.40%             | 2035-07-19      | Floating      | 10.48%                | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                        | CARLYLE US CLO 2021-6, Ltd.                                                                       | CUSIP: 143134AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $575082.00    | 0.26%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MJH Life Sciences                                       | MJH Healthcare Holdings, LLC L1                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    229851 | PA      | $220514.24    | 0.10%             | 2029-01-28      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| Sixth Street Clo Ltd.                                   | Sixth Street CLO XVII, Ltd.                                                                       | CUSIP: 83012GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1100000 | PA      | $772989.80    | 0.35%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TruGreen LP                                             | TruGreen LP                                                                                       | CUSIP: 89787RAH5<br>LEI: 549300QNRP2MNHR3QM19 | Long             | LON              | CORP              | US        |    180533 | PA      | $159885.33    | 0.07%             | 2027-11-02      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Greeneden U.S. Holdings I LLC                           | Greeneden U.S. Holdings I LLC                                                                     | CUSIP: N/A<br>LEI: 549300CVRD4OUCPHWQ42       | Long             | LON              | CORP              | US        |   1422902 | PA      | $1363325.08   | 0.61%             | 2027-12-01      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Regatta Xiv Funding Ltd                                 | Regatta XIV Funding, Ltd.                                                                         | CUSIP: 75888NAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $622620.23    | 0.28%             | 2031-10-25      | Floating      | 10.31%                | Yes           |                  2 | On Loan: No      |
| Rad Clo Ltd                                             | Rad CLO 11, Ltd.                                                                                  | CUSIP: 48662PAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1300000 | PA      | $1120842.58   | 0.50%             | 2034-04-15      | Floating      | 10.33%                | Yes           |                  2 | On Loan: No      |
| Rr Ltd                                                  | RR 19, Ltd.                                                                                       | CUSIP: 74983BAA9<br>LEI: 549300RJ4N2AJDFNE876 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $454675.65    | 0.20%             | 2035-10-15      | Floating      | 10.58%                | Yes           |                  2 | On Loan: No      |
| Great American Outdoors (Bass Pro Shops)                | Bass Pro/Great American 11/21 TLB                                                                 | CUSIP: N/A<br>LEI: 549300IYLDI2E8I2AU46       | Long             | LON              | CORP              | US        |    999834 | PA      | $958590.37    | 0.43%             | 2028-03-06      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Austin Bidco Inc                                        | Virtusa Corp.                                                                                     | CUSIP: 92828KAK8<br>LEI: C77OMXDER63WLJCSKT03 | Long             | LON              | CORP              | US        |   1182683 | PA      | $1138332.78   | 0.51%             | 2028-02-11      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Virtusa                                                 | Virtusa Corporation TL 1L                                                                         | CUSIP: N/A<br>LEI: C77OMXDER63WLJCSKT03       | Long             | LON              | CORP              | US        |    189155 | PA      | $182061.83    | 0.08%             | 2029-02-15      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Endurance International Group Holdings, Inc.            | Endurance International Group Holdings, Inc.                                                      | CUSIP: N/A<br>LEI: 549300HM3JRB5OXHOC77       | Long             | LON              | CORP              | US        |    843494 | PA      | $755981.26    | 0.34%             | 2028-02-10      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| Pactiv Evergreen Group                                  | Pactiv Evergreen Group Holdings, Inc.                                                             | CUSIP: 76173FAY3<br>LEI: 5493002QNV81KCX40V06 | Long             | LON              | CORP              | US        |     80858 | PA      | $79656.69     | 0.04%             | 2028-09-24      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| TTF Holdings LLC                                        | TTF Holdings LLC                                                                                  | CUSIP: N/A<br>LEI: 254900IIAWXPGAIX2Q35       | Long             | LON              | CORP              | US        |    717439 | PA      | $706677.01    | 0.32%             | 2028-03-31      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | SolarWinds Holdings, Inc., TL                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    230372 | PA      | $227731.66    | 0.10%             | 2027-02-05      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| Elmwood Clo Vii Ltd.                                    | Elmwood CLO VII, Ltd.                                                                             | CUSIP: 29002RAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3350000 | PA      | $2430790.15   | 1.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Creative Artists Agency LLC                             | Creative Artists Agency LLC                                                                       | CUSIP: N/A<br>LEI: 5493008FV5TCFL3KHH96       | Long             | LON              | CORP              | US        |    667342 | PA      | $661362.94    | 0.30%             | 2026-11-27      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Regatta Vii Funding Ltd                                 | Regatta VII Funding, Ltd.                                                                         | CUSIP: 75887TAN6<br>LEI: 549300DA6HSLI0UPTQ25 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $845460.80    | 0.38%             | 2034-06-20      | Floating      | 11.15%                | Yes           |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                        | Sabre GLBL, Inc.                                                                                  | CUSIP: N/A<br>LEI: F2TJC7HPPHLHU1AQMP98       | Long             | LON              | CORP              | US        |    287379 | PA      | $260796.87    | 0.12%             | 2027-12-17      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Altice France S.A.                                      | Altice France S.A.                                                                                | CUSIP: F6628DAM6<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |   2262613 | PA      | $2099524.14   | 0.94%             | 2026-08-14      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| Alvogen Pharma Us Inc                                   | Alvogen Pharma US, Inc.                                                                           | CUSIP: 02254GAF0<br>LEI: 549300YDWMG6VTRDT963 | Long             | LON              | CORP              | US        |   1597086 | PA      | $1389464.99   | 0.62%             | 2025-06-30      | Floating      | 11.20%                | No            |                  2 | On Loan: No      |
| Elmwood Clo Ii Ltd.                                     | Elmwood CLO II, Ltd.                                                                              | CUSIP: 29001RAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $724900.00    | 0.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Endo Luxembourg Finance Company I S.a r.l.              | Endo Luxembourg Finance Company I S.a r.l.                                                        | CUSIP: L2968EAE2<br>LEI: 222100B15VY0VVCTG251 | Long             | LON              | CORP              | LU        |    229232 | PA      | $182812.46    | 0.08%             | 2028-03-27      | Floating      | 13.50%                | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                         | Madison IAQ LLC                                                                                   | CUSIP: N/A<br>LEI: 549300IXDNBXNHUPBU73       | Long             | LON              | CORP              | US        |    498573 | PA      | $462740.15    | 0.21%             | 2028-06-21      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| Global Tel*Link Corp.                                   | Global Tel*Link Corp.                                                                             | CUSIP: N/A<br>LEI: 549300YI0BNF11FDQE44       | Long             | LON              | CORP              | US        |    446633 | PA      | $383827.50    | 0.17%             | 2025-11-29      | Floating      | 8.59%                 | No            |                  2 | On Loan: No      |
| Consolidated Communications, Inc.                       | Consolidated Communications, Inc.                                                                 | CUSIP: N/A<br>LEI: 549300WW675Y48HDVX34       | Long             | LON              | CORP              | US        |    700484 | PA      | $616278.60    | 0.28%             | 2027-10-02      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Mattress Firm Inc                                       | Mattress Firm, Inc.                                                                               | CUSIP: 57723CAR0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    592944 | PA      | $503260.91    | 0.23%             | 2028-09-25      | Floating      | 8.43%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                                | OHA Credit Funding 11, Ltd.                                                                       | CUSIP: 67116BAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    550000 | PA      | $502055.62    | 0.22%             | 2033-07-19      | Floating      | 11.21%                | Yes           |                  2 | On Loan: No      |
| Dealer Tire Financial Ll                                | Dealer Tire Financial LLC                                                                         | CUSIP: 24228HAM0<br>LEI: 894500QBE5Z2XQWCJ779 | Long             | LON              | CORP              | US        |   1101959 | PA      | $1085980.28   | 0.49%             | 2025-12-12      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Acrisure                                                | Acrisure LLC                                                                                      | CUSIP: N/A<br>LEI: 549300R0Z1Q47XRTGO22       | Long             | LON              | CORP              | US        |    294196 | PA      | $284142.84    | 0.13%             | 2027-02-15      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| Golden Nugget                                           | Fertitta Entertainment, LLC TLB 1L                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1585170 | PA      | $1504136.01   | 0.67%             | 2029-01-27      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Cifc Funding Ltd                                        | CIFC Funding 2020-III, Ltd.                                                                       | CUSIP: 12560GAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    150000 | PA      | $115087.05    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Kdc/one Development Corp                                | KDC/ONE Development Corp., Inc.                                                                   | CUSIP: C4953EAD7<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    969773 | PA      | $933610.47    | 0.42%             | 2025-12-22      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Regatta Xxiii Funding Ltd                               | Regatta XXIII Funding, Ltd.                                                                       | CUSIP: 75889GAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1126476.50   | 0.50%             | 2035-01-20      | Floating      | 10.94%                | Yes           |                  2 | On Loan: No      |
| BK LC Lux SPV S.a r.l.                                  | BK LC Lux SPV S.a r.l.                                                                            | CUSIP: N/A<br>LEI: 529900Q2OWN5A80FKR80       | Long             | LON              | CORP              | US        |    886413 | PA      | $862036.72    | 0.39%             | 2028-04-28      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Baldwin Risk Partner Llc                                | Baldwin Risk Partners LLC                                                                         | CUSIP: 05825HAD6<br>LEI: 5493004GCDREAQPPYG20 | Long             | LON              | CORP              | US        |    420147 | PA      | $408244.59    | 0.18%             | 2027-10-14      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| Rockland Park Clo Ltd                                   | Rockland Park CLO, Ltd.                                                                           | CUSIP: 77366PAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $44160.00     | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| United Talent Agency LLC                                | United Talent Agency LLC                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    742835 | PA      | $729835.30    | 0.33%             | 2028-07-07      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| Olympus Wtr Us Hldg Corp                                | Olympus Water US Holding Corp.                                                                    | CUSIP: 68163YAD7<br>LEI: 549300YU2GGVCBN3MY89 | Long             | LON              | CORP              | US        |    332580 | PA      | $321604.65    | 0.14%             | 2028-11-09      | Floating      | 9.18%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TERM TRUST

**Signature:** Derek Mullins

**Name of Signer:** Derek Mullins

**Title:** Principle Financial Officer