# EDGAR Filing Document

**Accession Number:** 0001710523
**File Stem:** 0001752724-23-049977
**Filing Date:** 2023-3
**Character Count:** 313480
**Document Hash:** 078f386c26f3e192f1bf690f4bf03f54
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-049977.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-049977

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Blackstone Floating Rate Enhanced Income Fund
- **CENTRAL INDEX KEY:** 0001710523
- **IRS NUMBER:** 822936689
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23270
- **FILM NUMBER:** 23692126

**BUSINESS ADDRESS:**
- **STREET 1:** 345 PARK AVENUE, 31ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10154
- **BUSINESS PHONE:** 212 503-2100

**MAIL ADDRESS:**
- **STREET 1:** 345 PARK AVENUE, 31ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10154

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Blackstone / GSO Floating Rate Enhanced Income Fund
- **DATE OF NAME CHANGE:** 20170627

## Nport-Ex

**Blackstone Floating Rate Enhanced Income Fund**

**Portfolio of Investments**

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| FLOATING RATE LOAN INTERESTS<sup>(a)</sup> - 127.29% | FLOATING RATE LOAN INTERESTS<sup>(a)</sup> - 127.29% | FLOATING RATE LOAN INTERESTS<sup>(a)</sup> - 127.29% |
| **Aerospace & Defense - 4.13%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amentum Government Services Holdings LLC, First Lien Term Loan, 6M US L + 4.00%, 02/15/2029 | $1398077 | $1365746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atlas CC Acquisition Corp., First Lien B Term Loan, 3M US L + 4.25%, 0.75% Floor, 05/25/2028 | 2992988 | 2534417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atlas CC Acquisition Corp., First Lien C Term Loan, 3M US L + 4.25%, 0.75% Floor, 05/25/2028 | 608737 | 515470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peraton Corp., First Lien B Term Loan, 1M US L + 3.75%, 0.75% Floor, 02/01/2028 | 3274216 | 3203280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm, Inc., First Lien Tranche F Refinancing Term Loan, 3M US L + 2.25%, 12/09/2025 | 2118068 | 2096358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertex Aerospace Corp., First Lien Term Loan, 1M US L + 3.50%, 12/06/2028 | 877981 | 863854 |
|  |  | 10579125 |
| **Air Freight & Logistics - 1.42%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WWEX UNI TopCo Holdings LLC, First Lien Initial Term Loan, 3M US L + 4.00%, 0.75% Floor, 07/26/2028 | 1559861 | 1432584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPO Logistics Inc, First Lien Refinancing Term Loan, First Lien Term Loan, 1M US L + 2.00%, 02/24/2025 | 2200000 | 2192949 |
|  |  | 3625533 |
| **Airlines - 2.09%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Canada, First Lien B Term Loan, 3M US L + 3.50%, 0.75% Floor, 08/11/2028 | 1300000 | 1288826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines, Inc., First Lien 2018 Replacement Term Loan, 1M US L + 1.75%, 06/27/2025 | 325866 | 314106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines, Inc., First Lien 2020 Term Loan, 3M US L + 1.75%, 01/29/2027 | 348666 | 331855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brown Group Holding LLC, First Lien Term Loan, 1M US L + 2.50%, 0.50% Floor, 06/07/2028 | 1545808 | 1520263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KKR Apple Bidco LLC, Second Lien Initial Term Loan, 1M US L + 5.75%, 0.50% Floor, 09/21/2029 | 248629 | 241170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United AirLines, Inc., First Lien Class B Term Loan, 3M US L + 3.75%, 0.75% Floor, 04/21/2028 | 1686448 | 1669938 |
|  |  | 5366158 |
| **Auto Components - 1.17%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burgess Point Purchaser Corp., First Lien Term Loan, 3M US L + 5.25%, 07/25/2029 | 2106800 | 1922455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wheel Pros, Inc., First Lien Initial Term Loan, 3M US L + 4.50%, 0.75% Floor, 05/11/2028 | 1578594 | 1079174 |
|  |  | 3001629 |
| **Beverages - 1.19%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Triton Water Holdings, Inc., First Lien Initial Term Loan, 3M US L + 3.50%, 0.50% Floor, 03/31/2028 | 3280290 | 3061741 |
| **Biotechnology - 0.88%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grifols Worldwide Operations, TLB, First Lien Term Loan, 3M US L + 2.00%, 11/08/2027 | 2322991 | 2251373 |
| **Building Products - 3.80%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arc Falcon I, Inc., First Lien Initial Term Loan, 1M US L + 3.75%, 09/30/2028 | 81208 | 71727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chariot Buyer LLC, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M US L + 3.25%, 0.50% Floor, 11/03/2028 | 1579921 | 1493025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M US L + 7.51%, 0.50% Floor, 10/31/2029 | 1877328 | 1871462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cornerstone Building Brands, Inc., First Lien Tranche B Term Loan, 1M US L + 3.25%, 0.50% Floor, 04/12/2028 | 1181307 | 1065498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CP Atlas Buyer, Inc., First Lien B Term Loan, 1M US L + 3.50%, 0.50% Floor, 11/23/2027 | 2481559 | 2182804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Building Partners Inc. TLB, First Lien Term Loan, 3M US L + 3.25%, 0.75% Floor, 02/25/2028 | 3233055 | 3043113 |
|  |  | 9727629 |
| **Capital Markets - 0.73%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edelman Financial Center LLC, Second Lien Initial Term Loan, 1M US L + 6.75%, 07/20/2026 | 384615 | 347767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Focus Financial Partners LLC, First Lien Term Loan, 3M US L + 2.50%, 0.50% Floor, 06/30/2028 | 1546076 | 1519986 |
|  |  | 1867753 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Chemicals - 2.65%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPC Acquisition Corp., First Lien Initial Term Loan, 3M US L + 3.75%, 0.75% Floor, 12/29/2027 | $1188757 | $868982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eco Services Operations Corp., First Lien Term Loan, 3M US L + 2.50%, 0.50% Floor, 06/09/2028 | 1450000 | 1430969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Geon Performance Solutions LLC, First Lien Term Loan, 3M US L + 4.50%, 0.75% Floor, 08/18/2028 | 560802 | 546782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyperion Materials & Technologies, Inc., First Lien Initial Term Loan, 3M US L + 4.50%, 0.50% Floor, 08/30/2028 | 1080751 | 1052387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Messer Industries Llc Tl, First Lien Term Loan, 3M US L + 2.50%, 03/02/2026 | 1366669 | 1357061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vantage Specialty Chemicals, Inc., First Lien Closing Date Term Loan, 3M US L + 3.50%, 1.00% Floor, 10/28/2024 | 416716 | 407913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vantage Specialty Chemicals, Inc., First Lien Term Loan, 3M US L + 3.50%, 10/28/2024 | 2300 | 2251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vantage Specialty Chemicals, Inc., Second Lien Initial Term Loan, 3M US L + 8.25%, 1.00% Floor, 10/27/2025 | 1200000 | 1115250 |
|  |  | 6781595 |
| **Commercial Services & Supplies - 4.55%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Access CIG LLC, Second Lien Initial Term Loan, 1M US L + 7.75%, 02/27/2026<sup>(b)</sup> | 2385997 | 2123537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Covanta 11/21 TLB, First Lien Term Loan, 3M US L + 2.50%, 11/30/2028 | 2337278 | 2323511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Covanta 11/21 TLC, First Lien Term Loan, 3M US L + 2.50%, 11/30/2028 | 176400 | 175361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DG Investment Intermediate Holdings 2, Inc., Second Lien Initial Term Loan, 1M US L + 6.75%, 0.75% Floor, 03/30/2029 | 860357 | 764281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EAB Global, Inc., First Lien Term Loan, 3M US L + 3.50%, 0.50% Floor, 08/16/2028 | 857 | 826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Revspring, Inc., First Lien Initial Term Loan, 3M US L + 4.00%, 10/11/2025 | 1728000 | 1671840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRC Companies, First Lien Term Loan, 1M US L + 3.75%, 12/08/2028 | 1831392 | 1756305 |
| &nbsp;&nbsp;&nbsp;&nbsp;TRC Companies, Second Lien Term Loan, 1M US L + 6.75%, 12/07/2029<sup>(b)</sup> | 1026154 | 954323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Site Cov-Lite, First Lien Term Loan, 1M US L + 4.25%, 12/15/2028 | 1559589 | 1306265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vaco Holdings, LLC, First Lien Term Loan, 3M US L + 5.00%, 01/21/2029 | 487929 | 472273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wand NewCo 3, Inc., First Lien Tranche B-1 Term Loan, 1M US L + 3.00%, 02/05/2026 | 129247 | 122900 |
|  |  | 11671422 |
| **Communications Equipment - 0.07%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MLN US HoldCo LLC, First Lien B Term Loan, 3M US L + 4.50%, 11/30/2025 | 517874 | 182551 |
| **Construction & Engineering - 1.60%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aegion Corp., First Lien Initial Term Loan, 1M US L + 4.75%, 0.75% Floor, 05/17/2028 | 2157485 | 2021735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APi Group DE, Inc., First Lien Term Loan, 1M US L + 2.75%, 01/03/2029 | 1400000 | 1390725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tutor Perini Corp., First Lien B Term Loan, 1M US L + 4.75%, 1.00% Floor, 08/18/2027 | 729549 | 688512 |
|  |  | 4100972 |
| **Construction Materials - 0.75%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;White Cap Buyer LLC, First Lien Initial Closing Date Term Loan, 1M US L + 3.75%, 0.50% Floor, 10/19/2027 | 1987287 | 1925184 |
| **Containers & Packaging - 2.71%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berry Global, Inc., First Lien Term Loan, 1M US L + 1.75%, 07/01/2026 | 394187 | 391768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Next Generation, Inc., First Lien Initial (2021) Term Loan, 1M US L + 3.75%, 0.75% Floor, 12/01/2027 | 1 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LABL, Inc., First Lien Term Loan, 1M US L + 5.00%, 10/29/2028 | 813214 | 774078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reynolds Consumer Products LLC, First Lien Initial Term Loan, 3M US L + 1.75%, 02/04/2027 | 2492680 | 2476515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ring Container Technologies Group, LLC, First Lien Initial Term Loan, 3M US L + 3.50%, 0.50% Floor, 08/12/2028 | 815363 | 806195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tekni-Plex, Inc., First Lien Delayed Draw Tem Term Loan, 3M US L + 4.00%, 0.50% Floor, 09/15/2028 | 40317 | 38812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tekni-Plex, Inc., First Lien Tranche B-3 Initial Term Loan, 3M US L + 4.00%, 0.50% Floor, 09/15/2028 | 283005 | 272444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tricorbraun Holdings, Inc., First Lien Closing Date Initial Term Loan, 1M US L + 3.25%, 0.50% Floor, 03/03/2028 | 2288384 | 2188862 |
|  |  | 6948675 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Distributors - 1.06%** | **Distributors - 1.06%** | **Distributors - 1.06%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LBM Acquisition LLC, First Lien Initial Term Loan, 3M US L + 3.75%, 0.75% Floor, 12/17/2027 | $3126484 | $2724450 |
| **Diversified Consumer Services - 5.81%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Element Materials Technology Group Holdings DTL, First Lien Term Loan, 3M US L + 4.25%, 06/22/2029 | 841175 | 824003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Element Materials Technology Group Holdings TL, First Lien Term Loan, 3M US L + 4.25%, 06/22/2029 | 1822546 | 1785339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Learning Care Group No. 2, Inc., First Lien Initial Term Loan, 3M US L + 3.25%, 1.00% Floor, 03/13/2025 | 1716102 | 1600908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loyalty Ventures, Inc., First Lien Term Loan, 3M US L + 4.50%, 11/03/2027 | 704892 | 294733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McKissock Investment Holdings, LLC, First Lien Term Loan, 3M US L + 5.00%, 03/12/2029 | 270214 | 252904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre Paid Legal Services, Inc., First Lien Term Loan, 1M US L + 3.75%, 12/15/2028 | 795997 | 767285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower LLC, First Lien 2021 Refinancing B-1 Term Loan, 3M US L + 2.75%, 0.75% Floor, 09/23/2026 | 2050000 | 2034625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rinchem Company, Inc., First Lien Term Loan, 3M US L + 4.50%, 03/02/2029<sup>(b)</sup> | 736444 | 697781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. George's University Scholastic Services LLC, First Lien Term Loan B Term Loan, 1M US L + 3.25%, 0.50% Floor, 02/10/2029 | 1359180 | 1325200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TruGreen LP, First Lien Term Loan, 1M US L + 4.00%, 0.75% Floor, 11/02/2027 | 1945038 | 1732309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weld North Education LLC, First Lien Term Loan, 1M US L + 3.75%, 0.50% Floor, 12/21/2027 | 3643681 | 3579006 |
|  |  | 14894093 |
| **Diversified Financial Services - 3.60%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apex Group Treasury, Ltd., First Lien USD Term Loan, 3M US L + 3.75%, 0.50% Floor, 07/27/2028 | 1079567 | 1033685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lereta, LLC, First Lien Term Loan, 1M US L + 5.25%, 07/30/2028 | 700357 | 616314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitchell International, Inc., First Lien Term Loan, 3M US L + 3.75%, 10/15/2028 | 2431574 | 2247953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitchell International, Inc., Second Lien Term Loan, 3M US L + 6.50%, 10/15/2029 | 592784 | 495345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Outcomes Group Holdings, Inc., Second Lien Initial Term Loan, 3M US L + 7.50%, 10/26/2026<sup>(b)</sup> | 147929 | 142012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Polaris Newco LLC, First Lien Dollar Term Loan, 3M US L + 4.00%, 0.50% Floor, 06/02/2028 | 2828344 | 2587935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Citco Group Limited, TLB, First Lien Term Loan, 3M US SOFR + 3.50%, 04/27/2028 | 2111348 | 2100791 |
|  |  | 9224035 |
| **Diversified Telecommunication Services - 4.08%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing, Inc., First Lien Term Loan, 1M US L + 1.75%, 03/01/2027 | 4212903 | 4047779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telenet Financing USD LLC, First Lien Term Loan, 1M US L + 2.00%, 04/30/2028 | 3528642 | 3443072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telesat Canada, First Lien B-5 Term Loan, 3M US L + 2.75%, 12/07/2026 | 1890777 | 892040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zacapa S.A.R.L., First Lien Term Loan, 3M US L + 4.25%, 03/22/2029 | 2141828 | 2063962 |
|  |  | 10446853 |
| **Electric Utilities - 0.56%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MIRION TECHNOLOGIES, INC., TLB, First Lien Term Loan, 3M US L + 2.75%, 10/20/2028 | 1450000 | 1426698 |
| **Electronic Equipment, Instruments & Components - 1.15%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ingram Micro, Inc., First Lien Initial Term Loan, 3M US L + 3.50%, 0.50% Floor, 06/30/2028 | 2380209 | 2350456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LTI Holdings, Inc., First Lien Initial Term Loan, 1M US L + 3.50%, 09/06/2025 | 5792 | 5558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LTI Holdings, Inc., First Lien Term Loan, 3M US L + 4.50%, 07/24/2026 | 602993 | 578874 |
|  |  | 2934888 |
| **Entertainment - 2.23%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMC Entertainment Holdings, Inc., First Lien B-1 Term Loan, 1M US L + 3.00%, 04/22/2026 | 3136254 | 1714810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amplify Finco Pty, Ltd., First Lien U.S. Dollar Term Loan, 3M US L + 4.25%, 0.75% Floor, 11/26/2026 | 2442273 | 2354767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Finance US, Inc., First Lien Initial Dollar Tranche Term Loan, 3M US L + 4.50%, 1.00% Floor, 02/28/2025<sup>(c)</sup> | 2035680 | 384723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Finance US, Inc., First Lien Second Amendment Dollar Tranche Term Loan, 3M US L + 2.75%, 09/30/2026<sup>(c)</sup> | 321236 | 59475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NASCAR HOLDINGS, INC. TLB, First Lien Term Loan, 3M US L + 2.75%, 10/19/2026 | 1197045 | 1195830 |
|  |  | 5709605 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Food Products - 2.06%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri International, Ltd., First Lien Facility B2 Term Loan, 1M US L + 2.25%, 01/29/2027 | $3524620 | $3436998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Snacking Investments BidCo Pty, Ltd., First Lien Initial US Term Loan, 1M US L + 4.00%, 1.00% Floor, 12/18/2026 | 1878898 | 1836623 |
|  |  | 5273621 |
| **Health Care Equipment & Supplies - 4.50%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Artivion, Inc., First Lien Initial Term Loan, 3M US L + 3.50%, 1.00% Floor, 06/01/2027 | 2390959 | 2235547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Auris Luxembourg III SARL, First Lien Facility B2 Term Loan, 6M US L + 3.75%, 02/27/2026 | 3230318 | 2899210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Femur Buyer, Inc., First Lien Initial Term Loan, 3M US L + 4.50%, 03/05/2026 | 1858448 | 1604072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tecostar Holdings, Inc., First Lien 2017 Term Loan, 3M US L + 3.50%, 1.00% Floor, 05/01/2024 | 2365853 | 1989434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viant Medical Holdings, Inc., First Lien Initial Term Loan, 1M US L + 3.75%, 07/02/2025 | 3172132 | 2811968 |
|  |  | 11540231 |
| **Health Care Providers & Services - 12.96%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Covenant Surgical Partners, Inc., First Lien Delayed Draw Term Loan, 3M US L + 4.00%, 07/01/2026 | 555686 | 470944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Covenant Surgical Partners, Inc., First Lien Initial Term Loan, 3M US L + 4.00%, 07/01/2026 | 2688353 | 2278379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita, Inc., First Lien B Term Loan, 1M US L + 1.75%, 08/12/2026 | 1617755 | 1579746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Envision Healthcare Corp., First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M US L + 4.25%, 03/31/2027 | 1861102 | 651386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M US L + 7.88%, 03/31/2027 | 287123 | 257154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genesis Care Finance Pty, Ltd., First Lien Facility B5 Term Loan, 3M US L + 5.00%, 1.00% Floor, 05/14/2027 | 1876754 | 686188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Medical Response, Inc., First Lien 2018 New Term Loan, 1M US L + 4.25%, 1.00% Floor, 03/14/2025 | 619204 | 442474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Medical Response, Inc., First Lien 2020 Refinancing Term Loan, 1M US L + 4.25%, 1.00% Floor, 10/02/2025 | 2287380 | 1616903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heartland Dental Care, Inc., First Lien Term Loan, 1M US L + 5.00%, 04/30/2025<sup>(b)</sup> | 1390582 | 1314100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Heartland Dental LLC, First Lien 2021 Incremental Term Loan, 1M US L + 4.00%, 04/30/2025 | 1565673 | 1458816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iaa Spinco Inc. Tlb, First Lien Term Loan, 3M US L + 3.25%, 12/22/2028 | 4644822 | 4641013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc., First Lien B Term Loan, 3M US L + 3.75%, 11/16/2025 | 2017692 | 1906971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medical Solutions LLC, First Lien Term Loan, 1M US L + 3.50%, 11/01/2028 | 315643 | 296540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NAPA Management Services Corp., First Lien Term Loan, 3M US L + 5.25%, 0.75% Floor, 02/23/2029 | 1330797 | 1095832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Mentor Holdings, Inc., TL, First Lien Term Loan, 3M US L + 3.75%, 02/18/2028 | 3305741 | 2328713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Mentor Holdings, Inc., TLC, First Lien Term Loan, 3M US L + 3.75%, 02/18/2028 | 93780 | 66063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Onex TSG Intermediate Corp., First Lien Initial Term Loan, 3M US L + 4.75%, 0.75% Floor, 02/28/2028 | 1969924 | 1764530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pathway Vet Alliance LLC, First Lien 2021 Replacement Term Loan, 1M US L + 3.75%, 03/31/2027 | 2393881 | 2006862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pediatric Associates Holding Co. LLC, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M US L + 3.25%, 0.50% Floor, 12/29/2028 | 38526 | 36680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M US L + 1.88%, 12/29/2028<sup>(d)</sup> | 2934 | 2793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PetVet Care Centers LLC, Second Lien Initial Term Loan, 1M US L + 6.25%, 02/13/2026 | 3373588 | 3116352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix Guarantor, Inc., First Lien Tranche B-3 Term Loan, 1M US L + 3.50%, 03/05/2026 | 1934983 | 1825473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radiology Partners, Inc., First Lien Term Loan, 1M US L + 4.25%, 07/09/2025 | 1359540 | 1147540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Health Holdings, Inc., First Lien Initial Term Loan, 1M US L + 2.75%, 1.00% Floor, 02/06/2024 | 2576259 | 2215583 |
|  |  | 33207035 |
| **Health Care Technology - 2.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AthenaHealth Group, Inc. Delayed, First Lien Term Loan, 3M US L + 3.50%, 02/15/2029<sup>(d)</sup> | 171520 | 155288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AthenaHealth Group, Inc., First Lien Term Loan, 1M US L + 5.80%, 02/15/2029 | 2492983 | 2257047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Project Ruby Ultimate Parent Corp., First Lien Closing Date Term Loan, 1M US L + 3.25%, 0.75% Floor, 03/10/2028 | 1041899 | 987475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verscend Holding Corp., First Lien B-1 Term Loan, 1M US L + 4.00%, 08/27/2025 | 1763427 | 1755712 |
|  |  | 5155522 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Hotels, Restaurants & Leisure - 5.76%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 B.C. Unlimited Liability Company, First Lien B-4 Term Loan, 1M US L + 1.75%, 11/19/2026 | $1994859 | $1964397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aramark Services, Inc., First Lien Term Loan, 1M US L + 2.50%, 04/06/2028 | 2446164 | 2420785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bally's Corp., First Lien Term Loan, 1M US L + 3.25%, 0.50% Floor, 10/01/2028 | 2226330 | 2066035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta 2 (Lux) Sarl, TLB, First Lien Term Loan, 1M US SOFR + 3.25%, 01/15/2030 | 412894 | 413204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flutter Financing B.V., First Lien Term Loan, 3M US L + 3.25%, 0.50% Floor, 09/16/2028 | 1808029 | 1802758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tacala Investment Corp., Second Lien Initial Term Loan, 1M US L + 7.50%, 0.75% Floor, 02/04/2028 | 2000000 | 1822750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travel Leaders Group LLC, First Lien 2018 Refinancing Term Loan, 1M US L + 4.00%, 01/25/2024 | 2228333 | 2048674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whatabrands LLC, First Lien Initial B Term Loan, 1M US L + 3.25%, 0.50% Floor, 08/03/2028 | 2288442 | 2216928 |
|  |  | 14755531 |
| **Household Durables - 0.49%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hunter Douglas Inc., First Lien Term Loan, 3M US L + 3.50%, 02/26/2029 | 1412612 | 1250034 |
| **Independent Power and Renewable Electricity Producers - 0.77%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine Corp., First Lien Term Loan, 1M US L + 2.00%, 04/05/2026 | 1994832 | 1973019 |
| **Industrial Conglomerates - 3.98%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bettcher Industries, Inc., First Lien Term Loan, 3M US L + 4.00%, 12/14/2028 | 1205452 | 1136139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Engineered Machinery Holdings, Inc., First Lien Term Loan, 3M US L + 3.75%, 0.75% Floor, 05/19/2028 | 2537247 | 2460737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Justrite Safety Group, First Lien Delayed Draw Term Loan, 1M US L + 4.50%, 06/28/2026 | 96966 | 87451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Justrite Safety Group, First Lien Initial Term Loan, 1M US L + 4.50%, 06/28/2026 | 1793710 | 1617702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Redwood Star Merger Sub, Inc., First Lien Term Loan, 1M US L + 4.50%, 04/05/2029 | 1282010 | 1200743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tailwind Smith Cooper Intermediate Corp., First Lien Initial Term Loan, 3M US L + 5.00%, 05/28/2026 | 2363656 | 2149450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TK Elevator Midco GmbH, First Lien Facility B1 Term Loan, 6M US L + 3.50%, 0.50% Floor, 07/30/2027 | 1590060 | 1534042 |
|  |  | 10186264 |
| **Insurance - 1.44%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmWINS Group, Inc., First Lien Term Loan, 1M US L + 2.25%, 0.75% Floor, 02/19/2028 | 1550000 | 1524448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AssuredPartners, Inc., First Lien Term Loan, 1M US L + 3.50%, 0.50% Floor, 02/12/2027 | 2479 | 2407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HIG Finance 2, Ltd., First Lien 2021 Dollar Refinancing Term Loan, 1M US L + 3.25%, 0.75% Floor, 11/12/2027 | 2221463 | 2167115 |
|  |  | 3693970 |
| **Interactive Media & Services - 0.98%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adevinta ASA, First Lien Facility B2 Term Loan, 3M US L + 2.75%, 0.75% Floor, 06/26/2028 | 698228 | 692293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cengage Learning, Inc., First Lien Term Loan B Term Loan, 3M US L + 4.75%, 07/14/2026 | 1061815 | 957460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MH Sub I LLC, Second Lien 2021 Replacement Term Loan, 3M US L + 6.25%, 02/23/2029 | 972997 | 871441 |
|  |  | 2521194 |
| **IT Services - 3.76%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DCert Buyer, Inc., Second Lien First Amendment Refinancing Term Loan, 3M US L + 7.00%, 02/19/2029 | 2302775 | 2111645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Endurance International Group Holdings, Inc., First Lien Initial Term Loan, 1M US L + 3.50%, 0.75% Floor, 02/10/2028 | 3537706 | 3192780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FleetCor Technologies Operating Co. LLC, First Lien Term Loan, 1M US L + 1.75%, 04/28/2028 | 1795448 | 1779737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park Place Technologies LLC, First Lien Closing Date Term Loan, 1M US L + 5.00%, 1.00% Floor, 11/10/2027 | 1627368 | 1538880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL, Inc., First Lien 2021 Other B-1 Term Loan, 1M US L + 3.50%, 0.50% Floor, 12/17/2027 | 432316 | 395029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL, Inc., First Lien 2021 Other B-2 Term Loan, 1M US L + 3.50%, 0.50% Floor, 12/17/2027 | 688317 | 628950 |
|  |  | 9647021 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Leisure Products - 0.47%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recess Holdings, Inc., First Lien Initial Term Loan, 3M US L + 3.75%, 1.00% Floor, 09/30/2024 | $1214136 | $1209589 |
| **Life Sciences Tools & Services - 3.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cambrex Corp., First Lien Tranche B-2 Dollar Term Loan, 1M US L + 3.60%, 0.75% Floor, 12/04/2026 | 1849809 | 1801483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Catalent Pharma Solutions, Inc., First Lien Term Loan, 1M US L + 2.00%, 0.50% Floor, 02/22/2028 | 1500000 | 1479615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Curia Global, Inc., First Lien 2021 Term Loan, 3M US L + 3.75%, 0.75% Floor, 08/30/2026 | 4411349 | 3654538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maravai Intermediate Holdings LLC, First Lien Term Loan, 1M US L + 3.25%, 0.50% Floor, 10/19/2027 | 797985 | 784519 |
|  |  | 7720155 |
| **Machinery - 1.13%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRO MACH Group, Inc., First Lien Closing Date Initial Term Loan, 1M US L + 4.00%, 1.00% Floor, 08/31/2028 | 2978585 | 2903748 |
| **Media - 7.49%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating LLC, First Lien Term Loan, 1M US L + 1.75%, 02/01/2027 | 1546005 | 1511993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clear Channel Outdoor Holdings, Inc., First Lien B Term Loan, 3M US L + 3.50%, 08/21/2026 | 1732097 | 1581621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cogeco Communications USA II LP, First Lien Term Loan, 1M US L + 2.00%, 01/03/2025 | 2040802 | 2018129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radiate Holdco, LLC,, First Lien Term Loan, 1M US L + 3.25%, 09/25/2026 | 1845340 | 1507514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications, Inc., First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M US L + 3.25%, 0.75% Floor, 03/24/2026 | 1853700 | 1828211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M US L + 4.25%, 06/24/2029 | 310711 | 307760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UPC Financing Partnership, First Lien Facility AT Term Loan, 1M US L + 2.25%, 04/30/2028 | 3382836 | 3308836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bristol LLC, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M US L + 2.50%, 01/31/2028 | 2742113 | 2701228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M US L + 3.25%, 01/31/2029 | 900000 | 893475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo Financing Partnership, First Lien I Facility Term Loan, 1M US L + 2.50%, 04/30/2028 | 3622991 | 3541202 |
|  |  | 19199969 |
| **Mortgage Real Estate Investment Trusts (REITs) - 0.34%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust, Inc., First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M US L + 2.25%, 04/23/2026 | 438866 | 429266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M US L + 2.75%, 0.50% Floor, 04/23/2026 | 438883 | 431203 |
|  |  | 860469 |
| **Multiline Retail - 0.97%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pilot Travel Centers LLC, First Lien Term Loan, 1M US L + 2.00%, 08/04/2028 | 2500000 | 2475937 |
| **Oil, Gas & Consumable Fuels - 1.55%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Partners LP, First Lien Term Loan, 1M US L + 2.25%, 11/01/2026 | 1107176 | 1102393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freeport LNG, First Lien Term Loan, 3M US L + 3.50%, 12/21/2028 | 3014412 | 2873322 |
|  |  | 3975715 |
| **Pharmaceuticals - 0.53%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Padagis LLC, First Lien Initial Term Loan, 3M US L + 4.75%, 0.50% Floor, 07/06/2028 | 1532013 | 1366050 |
| **Professional Services - 6.68%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AG Group Holdings, Inc., First Lien Term Loan, 3M US L + 4.25%, 12/29/2028<sup>(b)</sup> | 796898 | 763030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AlixPartners, LLP, First Lien USD B Term Loan, 1M US L + 2.75%, 0.50% Floor, 02/04/2028 | 1147081 | 1139401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AqGen Island Holdings, Inc., First Lien Term Loan, 3M US L + 6.50%, 08/02/2029 | 2669198 | 2344437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreLogic, Inc., First Lien Initial Term Loan, 1M US L + 3.50%, 0.50% Floor, 06/02/2028 | 2635796 | 2208309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporation Service Company, First Lien Term Loan, 3M US L + 3.25%, 11/02/2029 | 869382 | 861775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deerfield Dakota Holding LLC, Second Lien 2021 Replacement Term Loan, 1M US L + 6.75%, 0.75% Floor, 04/07/2028 | 440000 | 420750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dun & Bradstreet Corp., First Lien Initial Borrowing Term Loan, 1M US L + 3.25%, 02/06/2026 | 1906073 | 1891949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Galaxy US Opco Inc. TL, First Lien Term Loan, 1M US L + 4.75%, 04/29/2029 | 981451 | 890667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inmar, Inc., First Lien Initial Term Loan, 1M US L + 4.00%, 1.00% Floor, 05/01/2024 | 2284240 | 2084939 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Professional Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Intergovernmental Purchasing Alliance Company, First Lien Initial Term Loan, 3M US L + 3.50%, 05/23/2025 | $1161016 | $1147960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trans Union LLC, First Lien Term Loan, 1M US L + 1.75%, 11/16/2026 | 2841650 | 2806385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransUnion 11/21 B6 TLB, First Lien Term Loan, 1M US L + 2.25%, 12/01/2028 | 553432 | 548936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VT Topco, Inc., First Lien 2021 Term Loan, 1M US L + 3.75%, 0.75% Floor, 08/01/2025 | 1582 | 1538 |
|  |  | 17110076 |
| **Road & Rail - 0.74%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avis Budget Car Rental LLC, First Lien Term Loan, 1M US L + 1.75%, 08/06/2027 | 1944987 | 1890489 |
| **Semiconductors & Semiconductor Equipment - 0.42%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coherent Corp., First Lien Term Loan, 3M US L + 2.75%, 0.50% Floor, 07/02/2029 | 1097200 | 1088422 |
| **Software - 13.59%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apttus Corp., First Lien Initial Term Loan, 3M US L + 4.25%, 0.75% Floor, 05/08/2028 | 829139 | 779390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CDK Global, Inc., First Lien Term Loan, 3M US SOFR + 4.50%, 07/06/2029 | 2478588 | 2460420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloudera, Inc., First Lien Term Loan, 1M US L + 3.75%, 0.50% Floor, 10/08/2028 | 2646897 | 2504216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connectwise, LLC, First Lien Term Loan, 1M US L + 3.50%, 0.50% Floor, 09/29/2028 | 2315156 | 2205186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cornerstone OnDemand, Inc., First Lien Initial Term Loan, 1M US L + 3.75%, 0.50% Floor, 10/16/2028 | 2647723 | 2376331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DTI Holdco, Inc. TL, First Lien Term Loan, 3M US L + 4.75%, 04/26/2029 | 1130076 | 1043908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fiserv Investment Solutions, Inc., First Lien Initial Term Loan, 1M US L + 4.00%, 02/18/2027 | 868834 | 827025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greeneden U.S. Holdings I LLC, First Lien Initial Dollar (2020) Term Loan, 1M US L + 4.00%, 0.75% Floor, 12/01/2027 | 1168353 | 1124300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Help/Systems Holdings, Inc., First Lien Seventh Amendment Refinancing Term Loan, 1M US L + 4.00%, 0.75% Floor, 11/19/2026 | 3234776 | 2925047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyland Software, Inc., Second Lien 2021 Refinancing Term Loan, 1M US L + 6.25%, 0.75% Floor, 07/07/2025 | 3005003 | 2857758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Idera, Inc., First Lien B-1 Term Loan, 3M US L + 3.75%, 0.75% Floor, 03/02/2028 | 592544 | 560325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imperva, Inc., First Lien Term Loan, 3M US L + 4.00%, 1.00% Floor, 01/12/2026 | 1696144 | 1394230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ION Trading Finance, Ltd., First Lien Initial Dollar (2021) Term Loan, 3M US L + 4.75%, 04/01/2028 | 409011 | 388999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivanti Software, Inc., First Lien First Amendment Term Loan, 3M US L + 4.00%, 0.75% Floor, 12/01/2027 | 355793 | 281745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivanti Software, Inc., First Lien Term Loan, 3M US L + 4.25%, 12/01/2027 | 1877117 | 1494851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivanti Software, Inc., Second Lien Term Loan, 3M US L + 7.25%, 12/01/2028 | 772388 | 451847 |
| &nbsp;&nbsp;&nbsp;&nbsp;LI Group Holdings, Inc., First Lien 2021 Term Loan, 1M US L + 3.75%, 0.75% Floor, 03/11/2028<sup>(b)</sup> | 1034880 | 1016770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magenta Buyer LLC, First Lien Initial Term Loan, 3M US L + 4.75%, 0.75% Floor, 07/27/2028 | 2437384 | 2098442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitnick Corporate Purchaser Inc., First Lien Term Loan, 3M US L + 4.75%, 05/02/2029 | 602707 | 566171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perforce Software, Inc., First Lien New Term Loan, 1M US L + 3.75%, 07/01/2026 | 424206 | 396433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quest Borrower Ltd., First Lien Term Loan, 3M US L + 4.25%, 02/01/2029 | 2005705 | 1556307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Skopima Merger Sub Inc., First Lien Initial Term Loan, 1M US L + 4.00%, 05/12/2028 | 1943470 | 1843517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies, Inc., First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M US L + 2.25%, 0.50% Floor, 03/22/2029 | 279244 | 274794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M US L + 2.25%, 0.50% Floor, 03/22/2029 | 420756 | 414052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veritas US, Inc., First Lien Dollar B-2021 Term Loan, 3M US L + 5.00%, 1.00% Floor, 09/01/2025 | 656717 | 466620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vision Solutions, Inc., First Lien Term Loan, 3M US L + 4.00%, 0.75% Floor, 04/24/2028 | 3034506 | 2520916 |
|  |  | 34829600 |
| **Specialty Retail - 0.64%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EG Group, Ltd., First Lien Additional Facility Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M US L + 4.00%, 02/07/2025 | 1420159 | 1344720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M US L + 4.25%, 0.50% Floor, 03/31/2026 | 314279 | 295226 |
|  |  | 1639946 |
| **Technology Hardware, Storage & Peripherals - 0.69%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Project Castle, Inc., First Lien Term Loan, 3M US L + 5.50%, 06/01/2029 | 2170061 | 1765887 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Textiles, Apparel & Luxury Goods - 0.48%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;S&S Holdings LLC, First Lien Initial Term Loan, 1M US L + 5.00%, 0.50% Floor, 03/11/2028 | $1353184 | $1237041 |
| **Trading Companies & Distributors - 2.59%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foundation Building Materials, Inc., First Lien Initial Term Loan, 3M US L + 3.25%, 0.50% Floor, 01/31/2028 | 2085075 | 1979257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park River Holdings, Inc., First Lien Initial Term Loan, 3M US L + 3.25%, 0.75% Floor, 12/28/2027 | 4319005 | 3795325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SRS Distribution, Inc., First Lien Term Loan, 3M US L + 3.50%, 06/02/2028 | 889217 | 851981 |
|  |  | 6626563 |
| **Wireless Telecommunication Services - 1.03%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCI Buyer, Inc., First Lien Initial Term Loan, 3M US L + 4.00%, 0.75% Floor, 12/17/2027 | 2754489 | 2638800 |
| TOTAL FLOATING RATE LOAN INTERESTS |  |  |
| (Cost $349,243,915) |  | 326193860 |
| COLLATERALIZED LOAN OBLIGATION SECURITIES - 9.05%<sup>(a)</sup> |  |  |
| **Diversified Financial Services - 9.05%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;522 Funding CLO 2021-7, Ltd., 3M US L + 6.22%, 04/23/2034<sup>(b)(e)</sup> | 500000 | 433365 |
| &nbsp;&nbsp;&nbsp;&nbsp;AGL CLO 9, Ltd., 3M US L + 7.26%, 01/20/2034<sup>(b)(e)</sup> | 1500000 | 1372920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegro CLO XII, Ltd., 3M US L + 7.10%, 01/21/2032<sup>(b)(e)</sup> | 1000000 | 919368 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMMC CLO 24, Ltd., 3M US L + 3.40%, 01/20/2035<sup>(b)(e)</sup> | 1300000 | 1203377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO XXXV, 3M US L + 2.65%, 04/20/2034<sup>(b)(e)</sup> | 1000000 | 907586 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ares LIV CLO, Ltd., 3M US L + 7.34%, 10/15/2032<sup>(b)(e)</sup> | 500000 | 456225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barings Clo, Ltd. 2021-III, 3M US L + 6.65%, 01/18/2035<sup>(b)(e)</sup> | 1000000 | 824308 |
| &nbsp;&nbsp;&nbsp;&nbsp;CarVal CLO I, Ltd., 3M US L + 5.77%, 07/16/2031<sup>(b)(e)</sup> | 1000000 | 813098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eaton Vance CLO 2013-1, Ltd., 3M US L + 6.80%, 01/15/2034<sup>(b)(e)</sup> | 250000 | 221764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elmwood CLO 16, Ltd., 3M US SOFR + 7.22%, 04/20/2034<sup>(b)(e)</sup> | 750000 | 693562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Galaxy 30 Clo, Ltd., 3M US SOFR + 6.95%, 04/15/2035<sup>(b)(e)</sup> | 1000000 | 896878 |
| &nbsp;&nbsp;&nbsp;&nbsp;HalseyPoint CLO 4, Ltd., 3M US L + 6.71%, 04/20/2034<sup>(b)(e)</sup> | 1000000 | 900231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halseypoint Clo 5, Ltd., 3M US L + 6.94%, 01/30/2035<sup>(b)(e)</sup> | 1500000 | 1347800 |
| &nbsp;&nbsp;&nbsp;&nbsp;HPS Loan Management CLO 6-2015, Ltd., 3M US L + 5.10%, 02/05/2031<sup>(b)(e)</sup> | 833000 | 698322 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jamestown CLO XIV, Ltd., 3M US L + 7.20%, 10/20/2034<sup>(b)(e)</sup> | 1000000 | 885482 |
| &nbsp;&nbsp;&nbsp;&nbsp;OCP CLO 2017-13, Ltd., 3M US L + 6.50%, 07/15/2030<sup>(b)(e)</sup> | 1500000 | 1349031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palmer Square CLO 2019-1, Ltd., 3M US L + 6.50%, 11/14/2034<sup>(b)(e)</sup> | 1000000 | 895512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parallel 2021-2, Ltd., 3M US L + 7.20%, 10/20/2034<sup>(b)(e)</sup> | 1000000 | 870000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parallel CLO 2019-1, Ltd., 3M US L + 6.72%, 07/20/2032<sup>(b)(e)</sup> | 667000 | 590365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Park Avenue Institutional Advisers CLO, Ltd. 2022-1, 3M US SOFR + 7.29%, 04/20/2035<sup>(b)(e)</sup> | 1000000 | 892933 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rad CLO 5, Ltd., 3M US L + 6.70%, 07/24/2032<sup>(b)(e)</sup> | 500000 | 440468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regatta CLO XV Funding, Ltd., 3M US L + 3.30%, 10/25/2031<sup>(b)(e)</sup> | 250000 | 235373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Romark CLO II, Ltd., 3M US L + 3.35%, 07/25/2031<sup>(b)(e)</sup> | 500000 | 459291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Romark CLO IV, Ltd., 3M US L + 6.95%, 07/10/2034<sup>(b)(e)</sup> | 1000000 | 862518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Romark CLO, Ltd., 3M US L + 3.00%, 10/23/2030<sup>(b)(e)</sup> | 500000 | 454460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Signal Peak CLO 10, Ltd., 3M US L + 3.20%, 01/24/2035<sup>(b)(e)</sup> | 2250000 | 2047037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sound Point CLO XXVII, Ltd., 3M US L + 6.56%, 10/25/2034<sup>(b)(e)</sup> | 1000000 | 821748 |
| &nbsp;&nbsp;&nbsp;&nbsp;TIAA CLO IV, Ltd., 3M US L + 5.95%, 01/20/2032<sup>(b)(e)</sup> | 800000 | 696288 |
|  |  | 23189310 |
| TOTAL COLLATERALIZED LOAN OBLIGATION SECURITIES |  |  |
| (Cost $25,271,978) |  | 23189310 |
| CORPORATE BONDS - 8.20% |  |  |
| **Aerospace & Defense - 0.39%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bombardier, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 06/15/2026<sup>(e)</sup> | 110000 | 106924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 04/15/2027<sup>(e)</sup> | 280000 | 272170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 02/15/2028<sup>(e)</sup> | 10000 | 9259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howmet Aerospace, Inc., 5.950%, 02/01/2037 | 200000 | 194486 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Aerospace & Defense (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 01/15/2029 | $185000 | $162989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/01/2029 | 230000 | 200911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Triumph Group, Inc., 7.750%, 08/15/2025 | 60000 | 51130 |
|  |  | 997869 |
| **Air Freight & Logistics - 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cargo Aircraft Management, Inc., 4.750%, 02/01/2028<sup>(e)</sup> | 70000 | 63641 |
| **Airlines - 0.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Group, Inc., 3.750%, 03/01/2025<sup>(e)</sup> | 20000 | 16972 |
| **Auto Components - 0.03%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Axle & Manufacturing, Inc., 6.500%, 04/01/2027 | 60000 | 54214 |
| &nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries, Inc., 4.750%, 05/01/2029<sup>(e)</sup> | 40000 | 33252 |
|  |  | 87466 |
| **Automobiles - 0.04%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Co., 9.625%, 04/22/2030 | 90000 | 101970 |
| **Banks - 0.12%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Intesa Sanpaolo SpA, 5.710%, 01/15/2026<sup>(e)</sup> | 310000 | 298249 |
| **Beverages - 0.04%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Primo Water Holdings, Inc., 4.375%, 04/30/2029<sup>(e)</sup> | 130000 | 112420 |
| **Building Products - 0.10%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Builders FirstSource, Inc., 6.375%, 06/15/2032<sup>(e)</sup> | 70000 | 65842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Griffon Corp., 5.750%, 03/01/2028 | 130000 | 119151 |
| &nbsp;&nbsp;&nbsp;&nbsp;PGT Innovations, Inc., 4.375%, 10/01/2029<sup>(e)</sup> | 99000 | 83013 |
|  |  | 268006 |
| **Capital Markets - 0.09%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;LPL Holdings, Inc., 4.375%, 05/15/2031<sup>(e)</sup> | 45000 | 38322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MSCI, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 09/01/2030<sup>(e)</sup> | 120000 | 99963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 02/15/2031<sup>(e)</sup> | 120000 | 99984 |
|  |  | 238269 |
| **Chemicals - 0.26%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashland LLC, 3.375%, 09/01/2031<sup>(e)</sup> | 150000 | 120086 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemours Co., 4.625%, 11/15/2029<sup>(e)</sup> | 110000 | 90068 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVR Partners LP / CVR Nitrogen Finance Corp., 6.125%, 06/15/2028<sup>(e)</sup> | 40000 | 35936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingevity Corp., 3.875%, 11/01/2028<sup>(e)</sup> | 100000 | 86164 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nufarm Australia, Ltd. / Nufarm Americas, Inc., 5.000%, 01/27/2030<sup>(e)</sup> | 100000 | 86784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rayonier AM Products, Inc., 7.625%, 01/15/2026<sup>(e)</sup> | 185000 | 178621 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valvoline, Inc., 3.625%, 06/15/2031<sup>(e)</sup> | 70000 | 57528 |
|  |  | 655187 |
| **Commercial Services & Supplies - 0.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Stericycle, Inc., 3.875%, 01/15/2029<sup>(e)</sup> | 30000 | 26214 |
| **Communications Equipment - 0.15%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CommScope, Inc., 8.250%, 03/01/2027<sup>(e)</sup> | 135000 | 104838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nokia Oyj, 6.625%, 05/15/2039 | 40000 | 38037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viasat, Inc., 6.500%, 07/15/2028<sup>(e)</sup> | 225000 | 169166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viavi Solutions, Inc., 3.750%, 10/01/2029<sup>(e)</sup> | 100000 | 84210 |
|  |  | 396251 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Construction & Engineering - 0.06%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brundage-Bone Concrete Pumping Holdings, Inc., 6.000%, 02/01/2026<sup>(e)</sup> | $95000 | $86725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tutor Perini Corp., 6.875%, 05/01/2025<sup>(e)</sup> | 80000 | 70126 |
|  |  | 156851 |
| **Consumer Finance - 0.31%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Enova International, Inc., 8.500%, 09/15/2025<sup>(e)</sup> | 20000 | 18575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 09/01/2028<sup>(e)</sup> | 50000 | 43978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/01/2030<sup>(e)</sup> | 200000 | 178273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 06/25/2025 | 200000 | 192332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/15/2027 | 85000 | 74559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/15/2029 | 100000 | 81747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/01/2033 | 45000 | 32138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corp., 3.875%, 09/15/2028 | 75000 | 59739 |
| &nbsp;&nbsp;&nbsp;&nbsp;PRA Group, Inc., 5.000%, 10/01/2029<sup>(e)</sup> | 152000 | 125623 |
|  |  | 806964 |
| **Containers & Packaging - 0.12%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;OI European Group BV, 4.750%, 02/15/2030<sup>(e)</sup> | 240000 | 210515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sealed Air Corp., 6.875%, 07/15/2033<sup>(e)</sup> | 90000 | 89347 |
|  |  | 299862 |
| **Diversified Consumer Services - 0.13%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adtalem Global Education, Inc., 5.500%, 03/01/2028<sup>(e)</sup> | 90000 | 81785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower LLC / Prime Finance, Inc., 6.250%, 01/15/2028<sup>(e)</sup> | 120000 | 109466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Corp. International: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/15/2027 | 50000 | 46789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/15/2031 | 100000 | 84367 |
|  |  | 322407 |
| **Diversified Telecommunication Services - 0.14%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Frontier Communications Holdings LLC, 6.750%, 05/01/2029<sup>(e)</sup> | 250000 | 207158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hughes Satellite Systems Corp., 6.625%, 08/01/2026 | 60000 | 56069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corp., 3.125%, 02/01/2029 | 101000 | 84158 |
|  |  | 347385 |
| **Electric Utilities - 0.06%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PG&E Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/2028 | 95000 | 86874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/2030 | 80000 | 72923 |
|  |  | 159797 |
| **Electronic Equipment, Instruments & Components - 0.04%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV, 4.000%, 04/15/2029<sup>(e)</sup> | 40000 | 34554 |
| &nbsp;&nbsp;&nbsp;&nbsp;TTM Technologies, Inc., 4.000%, 03/01/2029<sup>(e)</sup> | 70000 | 60129 |
|  |  | 94683 |
| **Energy Equipment & Services - 0.25%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Enerflex, Ltd., 9.000%, 10/15/2027<sup>(e)</sup> | 60000 | 59914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries, Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 01/15/2026<sup>(e)</sup> | 100000 | 94398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/15/2028<sup>(e)</sup> | 100000 | 91648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patterson-UTI Energy, Inc., 5.150%, 11/15/2029 | 120000 | 107804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/15/2026<sup>(e)</sup> | 90000 | 75908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 02/01/2027<sup>(e)</sup> | 245000 | 200464 |
|  |  | 630136 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Equity Real Estate Investment Trusts (REITs) - 0.28%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain, Inc., 4.875%, 09/15/2029<sup>(e)</sup> | $360000 | $314597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 02/15/2026 | 110000 | 92051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 10/01/2026 | 230000 | 181362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 02/15/2027 | 140000 | 110485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 01/15/2028 | 31000 | 22059 |
|  |  | 720554 |
| **Food Products - 0.26%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lamb Weston Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/15/2028<sup>(e)</sup> | 295000 | 280035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/31/2032<sup>(e)</sup> | 35000 | 30630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Post Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/15/2028<sup>(e)</sup> | 190000 | 179133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/15/2029<sup>(e)</sup> | 70000 | 63490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 04/15/2030<sup>(e)</sup> | 10000 | 8648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 09/15/2031<sup>(e)</sup> | 125000 | 105313 |
|  |  | 667249 |
| **Gas Utilities - 0.05%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners LP/Suburban Energy Finance Corp., 5.000%, 06/01/2031<sup>(e)</sup> | 60000 | 51076 |
| &nbsp;&nbsp;&nbsp;&nbsp;Superior Plus LP / Superior General Partner, Inc., 4.500%, 03/15/2029<sup>(e)</sup> | 90000 | 77080 |
|  |  | 128156 |
| **Health Care Equipment & Supplies - 0.03%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hologic, Inc., 3.250%, 02/15/2029<sup>(e)</sup> | 90000 | 77429 |
| **Health Care Providers & Services - 0.22%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acadia Healthcare Co., Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 07/01/2028<sup>(e)</sup> | 120000 | 114012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/15/2029<sup>(e)</sup> | 20000 | 18426 |
| &nbsp;&nbsp;&nbsp;&nbsp;AdaptHealth LLC, 5.125%, 03/01/2030<sup>(e)</sup> | 100000 | 85259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS/Community Health Systems, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 03/15/2026<sup>(e)</sup> | 50000 | 45625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 12/15/2027<sup>(e)</sup> | 60000 | 54402 |
| &nbsp;&nbsp;&nbsp;&nbsp;DaVita, Inc., 4.625%, 06/01/2030<sup>(e)</sup> | 57000 | 45973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encompass Health Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/01/2028 | 100000 | 90995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 04/01/2031 | 140000 | 120557 |
|  |  | 575249 |
| **Hotels, Restaurants & Leisure - 0.98%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC / New Red Finance, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/15/2028<sup>(e)</sup> | 160000 | 143498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/15/2030<sup>(e)</sup> | 270000 | 219212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carnival Corp., 7.625%, 03/01/2026<sup>(e)</sup> | 110000 | 87380 |
| &nbsp;&nbsp;&nbsp;&nbsp;CDI Escrow Issuer, Inc., 5.750%, 04/01/2030<sup>(e)</sup> | 30000 | 26946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs, Inc., 4.750%, 01/15/2028<sup>(e)</sup> | 360000 | 322711 |
| &nbsp;&nbsp;&nbsp;&nbsp;Full House Resorts, Inc., 8.250%, 02/15/2028<sup>(e)</sup> | 30000 | 26597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating Co., Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 05/01/2029<sup>(e)</sup> | 110000 | 95298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/15/2030 | 170000 | 154341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas Sands Corp., 3.900%, 08/08/2029 | 230000 | 194221 |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Time, Inc., 8.000%, 04/15/2026<sup>(e)</sup> | 110000 | 99137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marriott Ownership Resorts, Inc., 4.750%, 01/15/2028 | 45000 | 39255 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCL Corp., Ltd., 5.875%, 03/15/2026<sup>(e)</sup> | 315000 | 247968 |
| &nbsp;&nbsp;&nbsp;&nbsp;Papa John's International, Inc., 3.875%, 09/15/2029<sup>(e)</sup> | 20000 | 16726 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Hotels, Restaurants & Leisure (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 07/01/2026<sup>(e)</sup> | $65000 | $52624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 08/31/2026<sup>(e)</sup> | 30000 | 25275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.625%, 08/15/2027<sup>(e)</sup> | 170000 | 171013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 10/15/2027 | 85000 | 72468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Station Casinos LLC, 4.500%, 02/15/2028<sup>(e)</sup> | 70000 | 60965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp., 5.250%, 05/15/2027<sup>(e)</sup> | 20000 | 18081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 04/15/2025<sup>(e)</sup> | 50000 | 49802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 10/01/2029<sup>(e)</sup> | 210000 | 180340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/15/2030<sup>(e)</sup> | 180000 | 165452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 04/01/2032 | 50000 | 46380 |
|  |  | 2515690 |
| **Household Durables - 0.32%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beazer Homes USA, Inc., 7.250%, 10/15/2029 | 65000 | 57923 |
| &nbsp;&nbsp;&nbsp;&nbsp;LGI Homes, Inc., 4.000%, 07/15/2029<sup>(e)</sup> | 60000 | 46435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;M/I Homes, Inc., 4.950%, 02/01/2028 | 130000 | 115705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meritage Homes Corp., 3.875%, 04/15/2029<sup>(e)</sup> | 140000 | 118930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taylor Morrison Communities, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 01/15/2028<sup>(e)</sup> | 90000 | 84426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 08/01/2030<sup>(e)</sup> | 70000 | 60761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tempur Sealy International, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/15/2029<sup>(e)</sup> | 200000 | 168321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 10/15/2031<sup>(e)</sup> | 30000 | 23594 |
| &nbsp;&nbsp;&nbsp;&nbsp;TopBuild Corp., 3.625%, 03/15/2029<sup>(e)</sup> | 38000 | 31206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tri Pointe Homes, Inc., 5.700%, 06/15/2028 | 120000 | 108897 |
|  |  | 816198 |
| **Household Products - 0.10%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Garden & Pet Co., 4.125%, 10/15/2030 | 120000 | 98761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/31/2027<sup>(e)</sup> | 160000 | 152470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 06/15/2028<sup>(e)</sup> | 20000 | 17364 |
|  |  | 268595 |
| **Independent Power and Renewable Electricity Producers - 0.06%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DPL, Inc., 4.125%, 07/01/2025 | 100000 | 94122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Co. LLC, 4.375%, 05/01/2029<sup>(e)</sup> | 80000 | 69091 |
|  |  | 163213 |
| **Industrial Conglomerates - 0.15%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Icahn Enterprises LP / Icahn Enterprises Finance Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/2027 | 390000 | 357942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 02/01/2029 | 30000 | 25413 |
|  |  | 383355 |
| **Interactive Media & Services - 0.08%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cinemark USA, Inc., 5.875%, 03/15/2026<sup>(e)</sup> | 110000 | 91763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ziff Davis, Inc., 4.625%, 10/15/2030<sup>(e)</sup> | 95000 | 80555 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZipRecruiter, Inc., 5.000%, 01/15/2030<sup>(e)</sup> | 40000 | 33029 |
|  |  | 205347 |
| **IT Services - 0.11%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gartner, Inc., 3.625%, 06/15/2029<sup>(e)</sup> | 210000 | 184784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Science Applications International Corp., 4.875%, 04/01/2028<sup>(e)</sup> | 100000 | 92660 |
|  |  | 277444 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Leisure Products - 0.03%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Vista Outdoor, Inc., 4.500%, 03/15/2029<sup>(e)</sup> | $90000 | $66199 |
| **Machinery - 0.12%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission, Inc., 3.750%, 01/30/2031<sup>(e)</sup> | 270000 | 222412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wabash National Corp., 4.500%, 10/15/2028<sup>(e)</sup> | 100000 | 85284 |
|  |  | 307696 |
| **Media - 0.16%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH DBS Corp., 7.750%, 07/01/2026 | 35000 | 28296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/2028<sup>(e)</sup> | 300000 | 261666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 07/01/2030<sup>(e)</sup> | 80000 | 66197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 09/01/2031<sup>(e)</sup> | 75000 | 58657 |
|  |  | 414816 |
| **Metals & Mining - 0.63%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ATI, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 10/01/2029 | 40000 | 35400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 10/01/2031 | 140000 | 123963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carpenter Technology Corp., 6.375%, 07/15/2028 | 71000 | 67648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coeur Mining, Inc., 5.125%, 02/15/2029<sup>(e)</sup> | 70000 | 54721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Metals Co.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 02/15/2031 | 95000 | 80011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 03/15/2032 | 100000 | 87137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Compass Minerals International, Inc., 6.750%, 12/01/2027<sup>(e)</sup> | 50000 | 48078 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eldorado Gold Corp., 6.250%, 09/01/2029<sup>(e)</sup> | 120000 | 105136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FMG Resources August 2006 Pty, Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 04/15/2030<sup>(e)</sup> | 53000 | 49448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 04/01/2031<sup>(e)</sup> | 60000 | 50016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 04/15/2032<sup>(e)</sup> | 153000 | 142909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hecla Mining Co., 7.250%, 02/15/2028 | 50000 | 49309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hudbay Minerals, Inc., 6.125%, 04/01/2029<sup>(e)</sup> | 30000 | 27216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kaiser Aluminum Corp., 4.500%, 06/01/2031<sup>(e)</sup> | 40000 | 32202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 11/01/2027<sup>(e)</sup> | 90000 | 92152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 05/01/2030<sup>(e)</sup> | 335000 | 340023 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Gold, Inc., 7.500%, 07/15/2027<sup>(e)</sup> | 40000 | 35165 |
| &nbsp;&nbsp;&nbsp;&nbsp;SunCoke Energy, Inc., 4.875%, 06/30/2029<sup>(e)</sup> | 120000 | 103163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taseko Mines, Ltd., 7.000%, 02/15/2026<sup>(e)</sup> | 100000 | 88059 |
|  |  | 1611756 |
| **Mortgage Real Estate Investment Trusts (REITs) - 0.21%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance, Inc., 4.625%, 06/15/2029<sup>(e)</sup> | 95000 | 76161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rithm Capital Corp., 6.250%, 10/15/2025<sup>(e)</sup> | 130000 | 116854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust, Inc., 4.375%, 01/15/2027<sup>(e)</sup> | 380000 | 333068 |
|  |  | 526083 |
| **Multiline Retail - 0.05%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macy's Retail Holdings LLC: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 04/01/2029<sup>(e)</sup> | 10000 | 8869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 03/15/2030<sup>(e)</sup> | 105000 | 91266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 03/15/2032<sup>(e)</sup> | 20000 | 16840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 12/15/2034 | 15000 | 10466 |
|  |  | 127441 |
| **Oil, Gas & Consumable Fuels - 0.84%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Partners LP / Antero Midstream Finance Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 03/01/2027<sup>(e)</sup> | 50000 | 47354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 06/15/2029<sup>(e)</sup> | 40000 | 36623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apache Corp., 5.350%, 07/01/2049 | 75000 | 60725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berry Petroleum Co. LLC, 7.000%, 02/15/2026<sup>(e)</sup> | 20000 | 18400 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Oil, Gas & Consumable Fuels (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Calumet Specialty Products Partners LP / Calumet Finance Corp., 8.125%, 01/15/2027<sup>(e)</sup> | $110000 | $102988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 02/01/2029<sup>(e)</sup> | 25000 | 22974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 04/01/2029<sup>(e)</sup> | 101000 | 100651 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVR Energy, Inc., 5.750%, 02/15/2028<sup>(e)</sup> | 178000 | 155230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delek Logistics Partners LP / Delek Logistics Finance Corp., 7.125%, 06/01/2028<sup>(e)</sup> | 100000 | 90332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 04/01/2045 | 45000 | 34182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 06/01/2047 | 175000 | 140880 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enviva Partners LP / Enviva Partners Finance Corp., 6.500%, 01/15/2026<sup>(e)</sup> | 130000 | 122645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQM Midstream Partners LP, 6.500%, 07/15/2048 | 90000 | 67624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Partners LP / GLP Finance Corp., 7.000%, 08/01/2027 | 110000 | 104633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream Operations LP: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/15/2028<sup>(e)</sup> | 30000 | 27794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/15/2030<sup>(e)</sup> | 20000 | 17125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Holly Energy Partners LP / Holly Energy Finance Corp., 5.000%, 02/01/2028<sup>(e)</sup> | 160000 | 145956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Oil and Gas, Inc., 8.125%, 03/01/2028<sup>(e)</sup> | 140000 | 134602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NuStar Logistics LP: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 04/28/2027 | 30000 | 28104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 10/01/2030 | 80000 | 74115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 09/15/2031 | 90000 | 99520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.600%, 03/15/2046 | 30000 | 30937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parkland Corp./Alberta, 4.625%, 05/01/2030<sup>(e)</sup> | 20000 | 16579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PBF Holding Co. LLC / PBF Finance Corp., 6.000%, 02/15/2028 | 100000 | 89373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Summit Midstream Holdings LLC / Summit Midstream Finance Corp., 8.500%, 10/15/2026<sup>(e)</sup> | 110000 | 104922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunoco LP / Sunoco Finance Corp., 4.500%, 05/15/2029 | 250000 | 219036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating LP, 5.500%, 08/15/2048 | 80000 | 66639 |
|  |  | 2159943 |
| **Paper & Forest Products - 0.10%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Clearwater Paper Corp., 4.750%, 08/15/2028<sup>(e)</sup> | 140000 | 123639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercer International, Inc., 5.125%, 02/01/2029 | 160000 | 133997 |
|  |  | 257636 |
| **Personal Products - 0.05%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Edgewell Personal Care Co., 5.500%, 06/01/2028<sup>(e)</sup> | 150000 | 140550 |
| **Professional Services - 0.11%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Booz Allen Hamilton, Inc., 3.875%, 09/01/2028<sup>(e)</sup> | 210000 | 186424 |
| &nbsp;&nbsp;&nbsp;&nbsp;KBR, Inc., 4.750%, 09/30/2028<sup>(e)</sup> | 60000 | 53367 |
| &nbsp;&nbsp;&nbsp;&nbsp;TriNet Group, Inc., 3.500%, 03/01/2029<sup>(e)</sup> | 40000 | 32940 |
|  |  | 272731 |
| **Real Estate Management & Development - 0.05%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard Hughes Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 02/01/2029<sup>(e)</sup> | 120000 | 100674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 02/01/2031<sup>(e)</sup> | 26000 | 21073 |
|  |  | 121747 |
| **Road & Rail - 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 5.375%, 03/01/2029<sup>(e)</sup> | 70000 | 59972 |
| **Software - 0.18%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consensus Cloud Solutions, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/15/2026<sup>(e)</sup> | 40000 | 37580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/15/2028<sup>(e)</sup> | 140000 | 128950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac Corp., 4.000%, 06/15/2028<sup>(e)</sup> | 320000 | 290968 |
|  |  | 457498 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount** |<br>**Value** |
| **Specialty Retail - 0.29%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 03/01/2030 | $110000 | $92147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/2032<sup>(e)</sup> | 30000 | 24720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 11/01/2035 | 30000 | 26721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 07/01/2036 | 115000 | 101280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foot Locker, Inc., 4.000%, 10/01/2029<sup>(e)</sup> | 40000 | 31220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gap, Inc., 3.625%, 10/01/2029<sup>(e)</sup> | 135000 | 95409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Group 1 Automotive, Inc., 4.000%, 08/15/2028<sup>(e)</sup> | 120000 | 101773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Murphy Oil USA, Inc., 3.750%, 02/15/2031<sup>(e)</sup> | 240000 | 197957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sonic Automotive, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/15/2029<sup>(e)</sup> | 60000 | 48120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 11/15/2031<sup>(e)</sup> | 25000 | 19688 |
|  |  | 739035 |
| **Technology Hardware, Storage & Peripherals - 0.09%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Pitney Bowes, Inc., 6.875%, 03/15/2027<sup>(e)</sup> | 50000 | 42816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xerox Holdings Corp., 5.500%, 08/15/2028<sup>(e)</sup> | 220000 | 176418 |
|  |  | 219234 |
| **Textiles, Apparel & Luxury Goods - 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Crocs, Inc., 4.250%, 03/15/2029<sup>(e)</sup> | 60000 | 50903 |
| **Thrifts & Mortgage Finance - 0.24%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGIC Investment Corp., 5.250%, 08/15/2028 | 110000 | 101614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nationstar Mortgage Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/15/2027<sup>(e)</sup> | 110000 | 98624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 12/15/2030<sup>(e)</sup> | 84000 | 64989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 11/15/2031<sup>(e)</sup> | 160000 | 124608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/15/2029<sup>(e)</sup> | 80000 | 62510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 09/15/2031<sup>(e)</sup> | 150000 | 119173 |
| &nbsp;&nbsp;&nbsp;&nbsp;PHH Mortgage Corp., 7.875%, 03/15/2026<sup>(e)</sup> | 40000 | 35584 |
|  |  | 607102 |
| TOTAL CORPORATE BONDS |  |  |
| (Cost $21,715,268) |  | 21019420 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| COMMON STOCK - 0.21% |  |  |
| **Health Care Equipment & Supplies - 0.21%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Carestream Health Holdings Inc<sup>(f)</sup> | 35172 | 527580 |
| TOTAL COMMON STOCK |  |  |
| (Cost $666,158) |  | 527580 |
| SHORT TERM INVESTMENTS - 6.85% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Treasury Portfolio |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.326% 7-Day Yield) | 17549461 | 17549461 |
| TOTAL SHORT TERM INVESTMENTS |  |  |
| (Cost $17,549,461) |  | 17549461 |
| Total Investments- 151.60% |  |  |
| (Cost $414,446,780) |  | $388479631 |
| Liabilities in Excess of Other Assets - (51.60)% |  | (132217563) |
| **Net Assets - 100.00%** |  | $256262068 |

---

Amounts above are shown as a percentage of net assets as of December 31, 2022.

---

| |
|:---|
| **Investment Abbreviations:** |
| LIBOR - London Interbank Offered Rate |
| SOFR - Secured Overnight Financing Rate |
| **Reference Rates:** |
| 1M US L - 1 Month LIBOR as of December 31, 2022 was 4.39% |
| 3M US L - 3 Month LIBOR as of December 31, 2022 was 4.77% |
| 6M US L - 6 Month LIBOR as of December 31, 2022 was 5.14% |
| 1M US SOFR- 1 Month SOFR as of December 31, 2022 was 4.06% |
| 3M US SOFR - 3 Month SOFR as of December 31, 2022 was 3.62% |

---

*<sup>(a)</sup>* *Floating or variable rate security. The reference rate is described above. The rate in effect as of December 31, 2022 is based on the reference rate plus the displayed spread as of the security's last reset date. Where applicable, the reference rate is subject to a floor rate.*

*<sup>(b)</sup>* *Level 3 assets valued using significant unobservable inputs as a result of unavailable quoted prices from an active market or the unavailability of other significant observable inputs.*

*<sup>(c)</sup>* *Security is in default as of period end and is therefore non-income producing.*

*<sup>(d)</sup>* *A portion of this position was not funded as of December 31, 2022. The Portfolio of Investments records only the funded portion of each position. As of December 31, 2022, the Fund has unfunded delayed draw loans in the amount of $268,363. Fair value of these unfunded delayed draws was $242,857.*

*<sup>(e)</sup>* *Security exempt from registration under Rule 144A of the Securities Act of 1933. Total market value of Rule 144A securities amounts to $38,369,649, which represented approximately 14.97% of net assets as of December 31, 2022. Such securities may normally be sold to qualified institutional buyers in transactions exempt from registration.*

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

**NOTE 1. ORGANIZATION**

Blackstone Floating Rate Enhanced Income Fund (the "Fund") is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), and operates as a diversified, closed-end management investment company. The Fund engages in continuous offering of shares and operates as an interval fund that offers to make monthly repurchases of shares at the net asset value (the "NAV").

The Fund's investment objective is to provide attractive current income with low sensitivity to rising interest rates.

The Fund was organized as a Delaware statutory trust on June 20, 2017 pursuant to a Declaration of Trust governed by the laws of the State of Delaware. The Fund had no operations from that date to November 10, 2017, other than those related to organizational matters and the registration of its shares under applicable securities laws. Blackstone Liquid Credit Strategies LLC (the "Adviser") purchased 4,000 Institutional Class I Common Shares ("Class I Shares") at a NAV of $25.00 per share on November 10, 2017. The Fund is authorized to issue an unlimited number of Class I Shares, Advisory Class D Common Shares ("Class D Shares"), Brokerage Class T Common Shares ("Class T Shares"), Brokerage Class T-I Common Shares ("Class T-I Shares") and Brokerage Class U Common Shares ("Class U Shares"), and a maximum offering of $3,000,000,000 of common shares. Class I Shares commenced operations on January 18, 2018, Class T Shares commenced operations on May 7, 2018, Class D Shares commenced operations on October 1, 2018, Class T-I Shares commenced operations on April 22, 2019 and Class U Shares commenced operations on November 29, 2019. As of December 31, 2022, Class I Shares (BGFLX), Class T Shares (BGFTX), Class D Shares (BGFDX), Class T-I Shares (BGFPX) and Class U Shares (BGFVX) were outstanding.

The Fund was previously classified as a non-diversified management investment company for purposes of the 1940 Act. As a result of ongoing operations, the Fund is now classified as a diversified management investment company. This means that with respect to 75% of the Fund's total assets, no more than 5% of the Fund's total assets may be invested in any one issuer or own more than 10% of the outstanding voting securities of such issuer (except, in each case, excepting cash and cash items, U.S. government securities, and securities of other investment companies). The Fund may not resume operating in a non-diversified manner without first obtaining shareholder approval in accordance with the 1940 Act.

**NOTE 2. SIGNIFICANT ACCOUNTING POLICIES**

**Basis of Presentation:** The Fund's financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") and are stated in U.S. dollars. The Fund is considered an investment company under reporting requirements of U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies in the Financial Accounting Standards Board Accounting Standards Codification Topic 946.

The preparation of financial statements requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statement. Actual results could differ from these estimates.

**Portfolio Valuation:** The Fund's NAV is determined daily on each day that the New York Stock Exchange (the "Exchange") is open for business, as of the close of the regular trading session on the Exchange. The Fund calculates NAV per common share by subtracting liabilities (including accrued expenses or dividends) from the total assets of the Fund (the value of the securities plus cash or other assets, including interest accrued but not yet received) and dividing the result by the total number of outstanding common shares of the Fund.

Loans are primarily valued by using a composite loan price from a nationally recognized loan pricing service. The methodology used by the Fund's nationally recognized loan pricing provider for composite loan prices is to value loans at the mean of the bid and ask prices from one or more brokers or dealers. Collateralized loan obligation securities ("CLOs") are valued at the price provided by a nationally recognized pricing service. The prices provided by the nationally recognized pricing service are typically based on the evaluated mid-price of each of the CLOs. Non-U.S. Instruments are valued by translating available quotes into U.S. dollar equivalents, if the quotes are considered reliable, and are otherwise valued at fair value. Over-the-counter options are priced on the basis of dealer quotes. Other types of derivatives for which quotes may not be available are valued at fair value. Corporate bonds and convertible bonds, other than short-term investments, are valued at the price provided by a nationally recognized pricing service. The prices provided by the nationally recognized pricing service are typically based on the mean of bid and ask prices for each corporate bond security. In determining the value of a particular investment, pricing services may use certain information with respect to transactions in such investments, quotations from dealers, pricing matrices, market transactions in comparable investments, various relationships observed in the market between investments and calculated yield measures based on valuation technology commonly employed in the market for such investments. Equity securities for which market quotations are available are generally valued at the last sale price or official closing price on the primary market or exchange on which they trade. Futures contracts, if any, are ordinarily valued at the last sales price on the securities or commodities exchange on which they are traded. Written and purchased options, if any, are ordinarily valued at the closing price on the securities or commodities exchange on which they are traded. To the extent current market quotations are not readily available, short-term debt investments, if any, having a remaining maturity of 60 days or less when purchased would be valued at cost adjusted for amortization of premiums and accretion of discounts.

On December 3, 2020, the U.S. Securities and Exchange Commission (the "SEC") adopted a new rule under the 1940 Act regarding fair value determinations that permits a fund's board to delegate such determinations to the fund's adviser, subject to certain conditions ("Rule 2a-5"). Rule 2a-5 became effective as of March 8, 2021, and the mandatory compliance date was September 8, 2022. In accordance with Rule 2a-5, the Board of Trustees of the Fund (the "Board") has designated the Adviser as the valuation designee to perform fair value determinations related to the Fund's investments, subject to the Board's oversight and periodic reporting requirements.

Any investments and other assets for which such current market quotations are not readily available are valued at fair value ("Fair Valued Assets") as determined in good faith by a committee of the Adviser (the "Fair Valued Asset Committee") under procedures established by, and under the general supervision and responsibility of, the Board. Such methods may include, but are not limited to, the use of a market comparable and/or income approach methodologies. A Fair Valued Asset Committee meeting may be called at any time by any member of the Fair Valued Asset Committee. The pricing of all Fair Valued Assets and determinations thereof shall be reported by the Adviser as valuation designee to the Board at each regularly scheduled quarterly meeting. The Fund has procedures to identify and investigate potentially stale prices for investments which are valued using a nationally recognized pricing service, exchange price or broker-dealer quotations. After performing such procedures, any prices which are deemed to be stale are reviewed by the Fair Valued Asset Committee and an alternative pricing source is determined.

Various inputs are used to determine the value of the Fund's investments. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

Level 1— Unadjusted quoted prices in active markets for identical investments at the date of measurement.

Level 2— Significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3— Significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

The categorization of investments and other financial instruments is based on the pricing transparency of the investment and other financial instrument and does not necessarily correspond to the Fund's perceived risk of investing in those securities. Investments measured and reported at fair value are classified and disclosed in one of the following levels within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement.

The following tables summarize valuation of the Fund's investments under the fair value hierarchy levels as of December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Blackstone Floating Rate Enhanced Income Fund** | **Blackstone Floating Rate Enhanced Income Fund** | **Blackstone Floating Rate Enhanced Income Fund** | **Blackstone Floating Rate Enhanced Income Fund** | **Blackstone Floating Rate Enhanced Income Fund** |
| **Investments in Securities at Value\*** | **Level 1 - Quoted Prices** | **Level 2 - Significant Observable Inputs** | **Level 3 - Significant Unobservable Inputs** | **Total** |
| Floating Rate Loan Interests |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Services & Supplies | $– | $8593562 | $3077860 | $11671422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversified Consumer Services |  | 14196312 | 697781 | 14894093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversified Financial Services |  | 9082023 | 142012 | 9224035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care Providers & Services |  | 31892935 | 1314100 | 33207035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Professional Services |  | 16347046 | 763030 | 17110076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Software |  | 33812830 | 1016770 | 34829600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other |  | 205257599 |  | 205257599 |
| Collateralized Loan Obligation Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversified Financial Services |  |  | 23189310 | 23189310 |
| Corporate Bonds |  | 21019420 |  | 21019420 |
| Common Stock |  | 527580 |  | 527580 |
| Short Term Investments | 17549461 |  |  | 17549461 |
| Total | $17549461 | $340729307 | $30200863 | $388479631 |
| **Other Financial Instruments** |  |  |  |  |
| **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** |
| Net Unrealized Depreciation on Unfunded Loan Commitments | – | (19631) | – | (19631) |
| Total | – | (19631) | – | (19631) |

---

*\** *Refer to the Fund's Portfolio of Investments for a listing of securities by type.*

The changes of the fair value of investments for which the Fund has used Level 3 inputs to determine the fair value are as follows:

 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Blackstone Floating Rate Enhanced Income Fund** | **Floating Rate Loan Interests** | **Collateralized Loan Obligations Securities** | **Common Stock** | **Total** |
| Balance as of September 30, 2022 | $13785207 | $18608635 | $666158 | $33060000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued Discount/premium | 14120 | 9931 |  | 24051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realized Gain/(Loss) | (49040) |  |  | (49040) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in Unrealized Appreciation/(Depreciation) | 75141 | 534869 | (138578) | 471432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchases<sup>(1)</sup> | 2086445 | 4035875 |  | 6122320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sales Proceeds<sup>(2)</sup> | (4718356) |  |  | (4718356) |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer Into Level 3 | 4236642 |  |  | 4236642 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer Out of Level 3 | (8418606) | - | (527580) | (8946186) |
| Balance as of December 31, 2022 | $7011553 | $23189310 | $- | $30200863 |
| Net change in unrealized appreciation/(depreciation) attributable to Level 3 investments held at December 31, 2022 | $(165089) | $534868 | $- | $369779 |

---

(1) Purchases include all purchases of securities and securities
received in corporate actions.

(2) Sales Proceeds include all sales of securities, maturities,
paydowns and securities tendered in corporate actions.

Information about Level 3 fair value measurements as of December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Fair Value** | **Valuation Technique(s)** | **Unobservable Input(s)** | **Value/Range (Weighted Average)** |
| Floating Rate Loan Interests | $7011553 | Third-party vendor pricing service | Broker quotes | N/A |
| Collateralized Loan Obligation Securities | 23189310 | Third-party vendor pricing service | Broker quotes | N/A |

---

**Securities Transactions and Investment Income:** Securities transactions are recorded on trade date for financial reporting purposes and amounts payable or receivable for trades not settled at the time of period end are reflected as liabilities and assets, respectively. Interest income is recognized on an accrual basis from the date of settlement. Accretion of discount and amortization of premium, which are included in interest income, are accreted or amortized daily using the accrual basis interest method. Dividend income is recorded on the ex-dividend date. Realized gains and losses from securities transactions and foreign currency transactions, if any, are recorded on the basis of identified cost.

The estimates and assumptions underlying the Fund's financial statements are based on the information available as of December 31, 2022. The estimates and assumptions include judgments about financial market and economic conditions which have changed, and may continue to change, over time.

**NOTE 3. LOANS AND OTHER INVESTMENTS**

Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in floating rate loans, notes, or bonds. "Managed Assets" means net assets plus the amount of any borrowings, including loans from certain financial institutions and the issuance of debt securities (collectively, "Borrowings") for investment purposes. Under current market conditions, the Fund anticipates that its portfolio of floating rate instruments will primarily consist of floating rate loans ("Loans"). Loans are made to U.S. and non-U.S. corporations, partnerships and other business entities ("Borrowers") that operate in various industries and geographical regions. At December 31, 2022, 87.61% of the Fund's Managed Assets were held in floating rate loan interests.

The Loans that the Fund may invest in include Loans that are first lien, second lien, third lien or that are unsecured. In addition, the Loans the Fund will invest in will usually be rated below investment grade or may also be unrated. The proceeds of Loans primarily are used to refinance existing debt and for acquisitions, dividends, leveraged buyouts, and general corporate purposes.

Loans typically have rates of interest which are determined daily, monthly, quarterly or semi-annually by reference to a base lending rate, plus a premium or credit spread. As a result, as short-term interest rates increase, interest payable to the Fund from its investments in Loans should increase, and as short-term interest rates decrease, interest payable to the Fund from its investments in Loans should decrease. Longer interest rate reset periods generally increase fluctuations in the Fund's NAV as a result of changes in market interest rates. These base lending rates are primarily the London Interbank Offered Rate ("LIBOR") and the Secured Overnight Financing Rate ("SOFR") (subject to the LIBOR transition) and secondarily the prime rate offered by one or more major U.S. banks and the certificate of deposit rate or other base lending rates used by commercial lenders.

Loans will usually require, in addition to scheduled payments of interest and principal, the prepayment of the Loan from free cash flow, as described above. The degree to which borrowers prepay Loans, whether as a contractual requirement or at their election, may be affected by general business conditions, the financial condition of the borrower and competitive conditions among loan investors, among others. As such, prepayments cannot be predicted with accuracy. Market conditions in the past, including falling default rates among others, have led to increased prepayment frequency and loan renegotiations. These renegotiations are often on terms more favorable to borrowers. Upon a prepayment, either in part or in full, the actual outstanding debt on which the Fund derives interest income will be reduced. However, the Fund may receive a prepayment penalty fee assessed against the prepaying borrower.

Loans are subject to the risk of non-payment of scheduled interest or principal. Such non-payment would result in a reduction of income to the Fund, a reduction in the value of the investment and a potential decrease in the NAV of the Fund. To the extent a Loan is secured, there can be no assurance that the liquidation of any collateral securing a Loan would satisfy the Borrower's obligation in the event of non-payment of scheduled interest or principal payments, or that such collateral could be readily liquidated. In the event of bankruptcy or insolvency of a Borrower, the Fund could experience delays or limitations with respect to its ability to realize the benefits of the collateral of a secured Loan. The collateral of a secured Loan may lose all or substantially all of its value in the event of the bankruptcy or insolvency of a Borrower. Some Loans are subject to the risk that a court, pursuant to fraudulent conveyance or other similar laws, could subordinate such Loans to presently existing or future indebtedness of the Borrower or take other action detrimental to the holders of Loans including, in certain circumstances, invalidating such Loans or causing interest previously paid to be refunded to the Borrower. If interest were required to be refunded, it could negatively affect the Fund's performance. At December 31, 2022 the Fund had invested $17,836,228 in second lien secured loans.

The Fund anticipates that substantially all of Fund's assets, including its investments in Loans, may be invested in instruments rated below investment grade, such as those rated Ba1 or lower by Moody's and BB+ or lower by S&P or Fitch or instruments comparably rated by other rating agencies, or in unrated instruments determined by the Adviser to be of comparable quality. Instruments rated Ba1 or lower by Moody's are judged to have speculative elements, their future cannot be considered as well assured and often the protection of interest and principal payments may be very moderate. Instruments rated BB+ or lower by S&P or Fitch are regarded as having predominantly speculative characteristics and, while such obligations have less near-term vulnerability to default than other speculative grade debt, they face major ongoing uncertainties or exposure to adverse business, financial or economic conditions which could lead to inadequate capacity to meet timely interest and principal payments.

Lower grade instruments, though higher yielding, are characterized by higher risk. They may be subject to certain risks with respect to the issuing entity and to greater market fluctuations than certain lower yielding, higher rated instruments. The retail secondary market for lower grade instruments may be less liquid than that of higher rated instruments. Adverse conditions could make it difficult at times for the Fund to sell certain instruments or could result in lower prices than those used in calculating the Fund's NAV.

The prices of credit instruments generally are inversely related to interest rate changes; however, the price volatility caused by fluctuating interest rates of instruments also is inversely related to the coupon of such instruments. Accordingly, lower grade instruments may be relatively less sensitive to interest rate changes than higher quality instruments of comparable maturity, because of their higher coupon. This higher coupon is what the investor receives in return for bearing greater credit risk. The higher credit risk associated with lower grade instruments potentially can have a greater effect on the value of such instruments than may be the case with higher quality issues of comparable maturity, and will be a substantial factor in the Fund's relative share price volatility.

The Adviser has established a counterparty and liquidity sub-committee that regularly reviews each broker-dealer counterparty for, among other things, its quality and the quality of its execution. The established procedures and guidelines require trades to be placed for execution only with broker-dealer counterparties approved by the counterparty and liquidity sub-committee of the Adviser. The factors considered by the sub-committee when selecting and approving brokers and dealers include, but are not limited to: (i) quality, accuracy, and timeliness of execution, (ii) review of the reputation, financial strength and stability of the financial institution, (iii) willingness and ability of the counterparty to commit capital, (iv) ongoing reliability and (v) access to underwritten offerings and secondary markets.

The Fund may acquire Loans through assignments or participations. The Fund will typically acquire Loans through assignment. The purchaser of an assignment typically succeeds to all the rights and obligations of the assigning institution and becomes a lender under the credit agreement with respect to the debt obligation; however, the purchaser's rights can be more restricted than those of the assigning institution, and the Fund may not be able to unilaterally enforce all rights and remedies under the loan and with regard to any associated collateral.

A participation typically results in a contractual relationship only with the institution selling the participation interest, not with the Borrower. Sellers of participations typically include banks, broker-dealers, other financial institutions and lending institutions. Certain participation agreements also include the option to convert the participation to a full assignment under agreed upon circumstances. The Adviser has adopted best execution procedures and guidelines to mitigate credit and counterparty risk in the atypical situation when the Fund must acquire a Loan through a participation.

The Fund invests in CLO securities. A CLO is a financing company (generally called a Special Purpose Vehicle or "SPV"), created to reapportion the risk and return characteristics of a pool of assets. While the assets underlying CLOs are typically Loans, the assets may also include (i) unsecured loans, (ii) debt securities that are rated below investment grade, (iii) debt tranches of other CLOs and (iv) equity securities incidental to investments in Loans. When investing in CLOs, the Fund will not invest in equity tranches, which are the lowest tranche. However, the Fund may invest in lower rated debt tranches of CLOs, which typically experience a lower recovery, greater risk of loss or deferral or non-payment of interest than more senior tranches of the CLO. The underlying Loans purchased by CLOs are generally performing at the time of purchase but may become non-performing, distressed or defaulted. CLOs with underlying assets of non-performing, distressed or defaulted loans are not contemplated to comprise a significant portion of the Fund's investments in CLOs. The key feature of the CLO structure is the prioritization of the cash flows from a pool of debt securities among the several classes of the CLO. The SPV is a company founded solely for the purpose of securitizing payment claims arising out of this diversified asset pool. On this basis, marketable securities are issued by the SPV which, due to the diversification of the underlying risk, generally represent a lower level of risk than the original assets. The redemption of the securities issued by the SPV typically takes place at maturity out of the cash flow generated by the collected claims.

The Fund may invest up to 20% of its Managed Assets in securities of other open- or closed-end investment companies, including exchange-traded funds ("ETFs"), to the extent that such investments are consistent with the Fund's investment objective, strategies and policies and permissible under the 1940 Act, including interpretations or modifications by the SEC. The Fund may invest in other investment companies to gain broad market or sector exposure, including during periods when it has large amounts of uninvested cash (such as the period shortly after the Fund receives the proceeds of the offering of its common shares) or when the Adviser believes share prices of other investment companies offer attractive values. The Fund may invest in investment companies that are advised or sub-advised by the Adviser or its affiliates to the extent permitted by applicable law and/or pursuant to exemptive relief from the SEC. As a shareholder in an investment company, the Fund will bear its ratable share of that investment company's expenses and would remain subject to payment of the Fund's management fees and other expenses with respect to assets so invested. Common shareholders would therefore be subject to duplicative expenses to the extent the Fund invests in other investment companies.

ETFs are pooled investment vehicles that are designed to provide investment results corresponding to an index. These indexes may be either broad-based, sector or international. ETFs usually are units of beneficial interest in an investment trust or represent undivided ownership interests in a portfolio of securities (or commodities), in each case with respect to a portfolio of all or substantially all of the component securities of, and in substantially the same weighting as, the relevant benchmark index. ETFs are designed to provide investment results that generally correspond to the price and yield performance of the component securities (or commodities) of the benchmark index. ETFs are listed on an exchange and trade in the secondary market on a per-share basis. The values of ETFs are subject to change as the values of their respective component securities (or commodities) fluctuate according to market volatility. Investments in ETFs may not exactly match the performance of a direct investment in the respective indices to which they are intended to correspond due to the temporary unavailability of certain index securities in the secondary market or other extraordinary circumstances, such as discrepancies with respect to the weighting of securities. Typically, the ETF bears its own operational expenses, which are deducted from its assets. To the extent that the Fund invests in ETFs, the Fund must bear these expenses in addition to the expenses of its own operation.

**NOTE 4. GENERAL COMMITMENTS AND CONTINGENCIES**

As of December 31, 2022, the Fund had unfunded loan commitments outstanding, which could be extended at the option of the borrower, as detailed below:

---

| | | | |
|:---|:---|:---|:---|
| **Borrower** | **Par Value** | **Fair Value** | **Unrealized Appreciation/**<br> **(Depreciation)** |
| Arc Falcon I, Inc. Delayed Draw Term Loan | $11983 | $10584 | $(1399) |
| AthenaHealth Group, Inc., First Lien | 253140 | 229183 | (18083) |
| Pediatric Associates Holding Co. LLC, First Lien | 2941 | 2800 | (141) |
| VT Topco, Inc., First Lien Delayed Draw Term Loan | 299 | 290 | (8) |
| Total | $268363 | $242857 | $(19631) |

---

Unfunded loan commitments are marked to market on the relevant day of the valuation in accordance with the Fund's valuation policies. For the period ended December 31, 2022, the Fund recorded a net change in unrealized depreciation on unfunded loan commitments totaling $30,095.

**NOTE 5. LEVERAGE**

The Fund entered into a Credit Agreement (the "Agreement") with The Bank of Nova Scotia, as the administrative agent, and a syndicate of lenders party thereto to borrow money pursuant to a one-year revolving line of credit ("Leverage Facility") dated January 18, 2018, as amended on June 22, 2018, and as further amended on August 16, 2018, and as amended and restated on October 23, 2018, and as further amended and restated on December 28, 2018, and as amended on January 17, 2019, as further amended on June 27, 2019, as further amended on September 11, 2019, as further amended on January 16, 2020, as further amended on April 9, 2020, as further amended on January 14, 2021, as further amended on December 31, 2021, as further amended on January 27, 2022 and as further amended on December 30, 2022, to borrow up to an aggregate limit of $228,000,000 under two loan tranches, Tranche A and Tranche B. The Tranche A commitment allows for borrowings up to $200,000,000. The Tranche B commitment allows for borrowings for temporary purposes up to $28,000,000 and includes a swing line component with a commitment equal to $28,000,000. Borrowings under the Agreement are secured by the assets of the Fund. Interest is charged at a rate of 1.00% above adjusted term SOFR with respect to Tranche A loan, with adjusted term SOFR measured for the period commencing on the date of the making of such loan at adjusted term SOFR (or the last date upon which any other Tranche A loan was converted to, or continued as, such loan at adjusted term SOFR) and ending on the numerically corresponding day in the calendar month that is one (1) or three (3) months thereafter, as the Fund may elect, or such other periods as the lender may agree in its sole and absolute discretion and (b) 1.05% above adjusted term SOFR with respect to Tranche B loan and each swing line loan, with adjusted term SOFR measured for the period commencing on the date of the making of such loan at adjusted term SOFR (or the last date upon which any other loan was converted to, or continued as, such loan at adjusted term SOFR) and ending on the numerically corresponding day in the calendar month that is one month thereafter. Under the terms of the Agreement, the Fund must pay a commitment fee on any undrawn amounts. The commitment fee payable is (a) for Tranche A loans, 0.15% on the undrawn amounts when drawn amounts exceed 75% of the relevant borrowing limit and 0.25% on the undrawn amounts in all other events and (b) 0.15% for Tranche B loans. Interest and fees are generally payable quarterly. The Fund may elect to extend the Agreement for a further period with the consent of the lending bank. For the period ended December 31, 2022, the Fund has no borrowings outstanding for Tranche B. At December 31, 2022, the Fund had borrowings outstanding under its Leverage Facility of $116,050,000, at an interest rate of 5.02% for Tranche A. Due to the short term nature of the Agreement, face value approximates fair value at December 31, 2022. For the period ended December 31, 2022, the average borrowings under the Fund's Leverage Facility and the weighted average interest rate was $126,277,174 and 4.40%, respectively for Tranche A. During the period ended December 31, 2022, the Fund incurred $57,085 for commitment fees on undrawn amounts.

Under the Agreement, the Fund has agreed to certain covenants and additional investment limitations while the leverage is outstanding. The Fund agreed to maintain asset coverage of three times over Borrowings. Compliance with the investment restrictions and calculations are performed by the Fund's custodian, The Bank of New York Mellon.

The use of Borrowings to leverage the common shares of the Fund can create risks. Changes in the value of the Fund's portfolio, including securities bought with the proceeds of leverage, are borne entirely by the holders of common shares of the Fund. All costs and expenses related to any form of leverage used by the Fund are borne entirely by common shareholders. If there is a net decrease or increase in the value of the Fund's investment portfolio, the leverage may decrease or increase, as the case may be, the NAV per common share to a greater extent than if the Fund did not utilize leverage.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BLACKSTONE FLOATING RATE ENHANCED INCOME FUND

- **b. Investment Company Act file number:** 811-23270

- **c. CIK number of Registrant:** 0001710523

- **d. LEI of Registrant:** 549300XPNITF3S4M2W38

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

  - **Street Address 1:** 345 PARK AVENUE 31st FLOOR

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10154

  - **Telephone number:** 8778761121

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

- **a. Name of Series:** Blackstone Floating Rate Enhanced Income Fund

- **c. LEI of Series:** 549300XPNITF3S4M2W38

**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:** $436240904.03

**Total Liabilities:** $181394053.43

**Net Assets:** $254846850.60

**Delayed Delivery Securities:** $310853.15

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 178.37569900 | **10-Year:** 2331.41036700 | **30-Year:** 244.57443400

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

- **3-Month:** 0.00000000 | **1-Year:** 12354.05354400 | **5-Year:** 84940.88576200 | **10-Year:** 17681.09237200 | **30-Year:** 1072.28788500

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.50%                | 1.78%                | 0.03%                |
| Class ID N/A | 0.50%                | 1.69%                | -0.02%               |
| Class ID N/A | 0.48%                | 1.76%                | -0.04%               |
| Class ID N/A | 0.47%                | 1.75%                | -0.07%               |
| Class ID N/A | 0.46%                | 1.72%                | -0.04%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1446102.58             | $686882.59                                 |
| Month 2  | $-1717981.58             | $4362784.36                                |
| Month 3  | $-3554134.08             | $1382847.16                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Rithm Capital Corp                                     | Rithm Capital Corp.                                                 | CUSIP: 64828TAA0<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |    130000 | PA      | $116854.35    | 0.05%             | 2025-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Pitney Bowes Inc                                       | Pitney Bowes, Inc.                                                  | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42815.50     | 0.02%             | 2027-03-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Deerfield Dakota Holding LLC                           | Deerfield Dakota Holding LLC                                        | CUSIP: 24440EAG2<br>LEI: 549300FDREJLOIGXY104 | Long             | LON              | CORP              | US        |    440000 | PA      | $420750.00    | 0.17%             | 2028-04-07      | Floating      | 11.13%                | No            |                  2 | On Loan: No      |
| AG Group Holdings                                      | AG Group Holdings, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    796898 | PA      | $763029.65    | 0.30%             | 2028-12-29      | Floating      | 8.14%                 | No            |                  3 | On Loan: No      |
| Vision Solutions Inc                                   | Vision Solutions, Inc.                                              | CUSIP: 70477BAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3034506 | PA      | $2520916.27   | 0.99%             | 2028-05-28      | Floating      | 8.36%                 | No            |                  2 | On Loan: No      |
| 522 Funding Clo Ltd                                    | 522 Funding CLO 2021-7, Ltd.                                        | CUSIP: 33834UAA4<br>LEI: 5493001LTHURD55KD110 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $428382.85    | 0.17%             | 2034-04-23      | Floating      | 10.54%                | Yes           |                  3 | On Loan: No      |
| Antero Midstream Part/fi                               | Antero Midstream Partners LP / Antero Midstream Finance Corp.       | CUSIP: 03690AAD8<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47353.86     | 0.02%             | 2027-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Hyperion Materials & Technologies, Inc.                | Hyperion Materials & Technologies, Inc.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1080751 | PA      | $1052386.58   | 0.41%             | 2028-08-30      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| Rad Clo Ltd                                            | Rad CLO 5, Ltd.                                                     | CUSIP: 48661MAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $435463.35    | 0.17%             | 2032-07-24      | Floating      | 11.02%                | Yes           |                  3 | On Loan: No      |
| Fidelity Treasury Portfolio                            | Fidelity Treasury Portfolio                                         | CUSIP: 316175504<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |  17549461 | NS      | $17549461.39  | 6.89%             |  |  |  | No            |                  1 | On Loan: No      |
| TK Elevator Midco GmbH                                 | TK Elevator Midco GmbH                                              | CUSIP: D9000BAD4<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |   1590060 | PA      | $1534042.01   | 0.60%             | 2027-07-30      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| Imperva, Inc.                                          | Imperva, Inc.                                                       | CUSIP: 45321NAD8<br>LEI: 549300204GJIBLPF1S81 | Long             | LON              | CORP              | US        |   1696144 | PA      | $1394230.28   | 0.55%             | 2026-01-12      | Floating      | 8.59%                 | No            |                  2 | On Loan: No      |
| 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        |   1359180 | PA      | $1325200.62   | 0.52%             | 2029-02-10      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Tempur Sealy Intl Inc                                  | Tempur Sealy International, Inc.                                    | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23594.10     | 0.01%             | 2031-10-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| M/i Homes Inc                                          | M/I Homes, Inc.                                                     | CUSIP: 55305BAS0<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |    130000 | PA      | $115705.20    | 0.05%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Howmet Aerospace Inc                                   | Howmet Aerospace, Inc.                                              | CUSIP: 013817AK7<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194485.44    | 0.08%             | 2037-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                  | Bath & Body Works, Inc.                                             | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26721.00     | 0.01%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Envision Healthcare Corp                               | Envision Healthcare Corp.                                           | CUSIP: 29373UAE1<br>LEI: 549300OL60X0LPKY8N60 | Long             | LON              | CORP              | US        |    287123 | PA      | $257154.36    | 0.10%             | 2027-03-31      | Floating      | 12.37%                | No            |                  2 | On Loan: No      |
| Sirius Xm Radio Inc                                    | Sirius XM Radio, Inc.                                               | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     80000 | PA      | $66197.20     | 0.03%             | 2030-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Vaco Holdings LLC                                      | Vaco Holdings, LLC                                                  | CUSIP: N/A<br>LEI: 54930076HTNXBP03T379       | Long             | LON              | CORP              | US        |    487929 | PA      | $472273.38    | 0.19%             | 2029-01-21      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| TRC Companies Inc                                      | TRC Companies                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1026154 | PA      | $954323.08    | 0.37%             | 2029-12-07      | Floating      | 11.13%                | No            |                  3 | On Loan: No      |
| Edgewell Personal Care                                 | Edgewell Personal Care Co.                                          | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140550.00    | 0.06%             | 2028-06-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Cargo Aircraft Managemen                               | Cargo Aircraft Management, Inc.                                     | CUSIP: 14180LAA4<br>LEI: 549300GH5J7LOMV44F11 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63641.20     | 0.02%             | 2028-02-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Encompass Health Corp                                  | Encompass Health Corp.                                              | CUSIP: 29261AAA8<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90995.00     | 0.04%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ii-vi Inc                                              | Coherent Corp.                                                      | CUSIP: 45173JAQ7<br>LEI: 549300O5C25A0MMHHU33 | Long             | LON              | CORP              | US        |   1097200 | PA      | $1088422.40   | 0.43%             | 2029-07-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Project Ruby Ultimate Parent Corp.                     | Project Ruby Ultimate Parent Corp.                                  | CUSIP: 74339UAS9<br>LEI: 549300UGGIEE7YT1C741 | Long             | LON              | CORP              | US        |   1041899 | PA      | $987475.37    | 0.39%             | 2028-03-10      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc                                      | Post Holdings, Inc.                                                 | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63490.00     | 0.02%             | 2029-12-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| American Airlines, Inc.                                | American Airlines, Inc.                                             | CUSIP: 02376CBB0<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |    325866 | PA      | $314105.60    | 0.12%             | 2025-06-27      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Tricorbraun Holdings, Inc.                             | Tricorbraun Holdings, Inc.                                          | CUSIP: N/A<br>LEI: 2549009AB5YVVW5J1U62       | Long             | LON              | CORP              | US        |   2288384 | PA      | $2188862.01   | 0.86%             | 2028-03-03      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd                                  | Mineral Resources, Ltd.                                             | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     90000 | PA      | $92151.90     | 0.04%             | 2027-11-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Flutter Financing B.V.                                 | Flutter Financing B.V.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |   1808029 | PA      | $1802758.20   | 0.71%             | 2028-07-22      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| Veritas US, Inc.                                       | Veritas US, Inc.                                                    | CUSIP: G9341JAN0<br>LEI: 549300RFUWCPWS8FQ104 | Long             | LON              | CORP              | US        |    656717 | PA      | $466620.39    | 0.18%             | 2025-09-01      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| AqGen Ascensus, Inc.                                   | AqGen Island Holdings, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2669198 | PA      | $2344437.03   | 0.92%             | 2029-08-02      | Floating      | 10.25%                | No            |                  2 | On Loan: No      |
| GI Consilio Parent LLC                                 | Skopima Merger Sub Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1943470 | PA      | $1843517.37   | 0.72%             | 2028-05-12      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Fleetcor Technologies Inc                              | FleetCor Technologies Operating Co. LLC                             | CUSIP: 33903RAY5<br>LEI: 549300FKKKZCXLK48427 | Long             | LON              | CORP              | US        |   1795448 | PA      | $1779737.42   | 0.70%             | 2028-04-30      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| ARC FALCON I INC                                       | Arc Falcon I, Inc.                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     81208 | PA      | $71727.03     | 0.03%             | 2028-09-30      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Transocean Inc                                         | Transocean, Inc.                                                    | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    245000 | PA      | $200463.90    | 0.08%             | 2027-02-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| DaVita, Inc.                                           | DaVita, Inc.                                                        | CUSIP: N/A<br>LEI: M2XHYMU3TZNEZURC6H66       | Long             | LON              | CORP              | US        |   1617755 | PA      | $1579745.62   | 0.62%             | 2026-08-12      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Zacapa S.A R.L.                                        | Zacapa S.A.R.L.                                                     | CUSIP: N/A<br>LEI: 213800VIVQIJLORBU468       | Long             | LON              | CORP              | CA        |   2141828 | PA      | $2063961.95   | 0.81%             | 2029-03-22      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| Ivanti Software, Inc.                                  | Ivanti Software, Inc.                                               | CUSIP: 46583DAF6<br>LEI: 254900GHAXAYKWDX9F60 | Long             | LON              | CORP              | US        |    355793 | PA      | $281745.26    | 0.11%             | 2027-12-01      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Dpl Inc                                                | DPL, Inc.                                                           | CUSIP: 233293AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $94121.97     | 0.04%             | 2025-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Cor                               | Occidental Petroleum Corp.                                          | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30937.35     | 0.01%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Pg&e Corp                                              | PG&E Corp.                                                          | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     95000 | PA      | $86874.42     | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Elmwood Clo 16 Ltd                                     | Elmwood CLO 16, Ltd.                                                | CUSIP: 29003DAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $686088.53    | 0.27%             | 2034-04-20      | Floating      | 11.18%                | Yes           |                  3 | On Loan: No      |
| Cp Atlas Buyer Inc                                     | CP Atlas Buyer, Inc.                                                | CUSIP: 12658HAG7<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | LON              | CORP              | US        |   2481559 | PA      | $2182804.08   | 0.86%             | 2027-11-23      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                 | AthenaHealth Group, Inc.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2492983 | PA      | $2257047.06   | 0.89%             | 2029-02-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Ingevity Corp                                          | Ingevity Corp.                                                      | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86164.02     | 0.03%             | 2028-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Tutor Perini Corp                                      | Tutor Perini Corp.                                                  | CUSIP: 90110FAM6<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | LON              | CORP              | US        |    729549 | PA      | $688511.69    | 0.27%             | 2027-08-18      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| Pgt Innovations Inc                                    | PGT Innovations, Inc.                                               | CUSIP: 69336VAB7<br>LEI: 549300LRW9WM59C1S579 | Long             | DBT              | CORP              | US        |     99000 | PA      | $83013.23     | 0.03%             | 2029-10-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Cinemark Usa Inc                                       | Cinemark USA, Inc.                                                  | CUSIP: 172441BD8<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    110000 | PA      | $91762.77     | 0.04%             | 2026-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| SRS Distribution, Inc.                                 | SRS Distribution, Inc.                                              | CUSIP: N/A<br>LEI: 549300ZQ3XP75BCYM468       | Long             | LON              | CORP              | US        |    889217 | PA      | $851980.83    | 0.33%             | 2028-06-02      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc                                      | Post Holdings, Inc.                                                 | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8648.25      | 0.00%             | 2030-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Api Group De Inc                                       | APi Group DE, Inc.                                                  | CUSIP: 00186XAJ2<br>LEI: 549300XP4G7B4QYA0G83 | Long             | LON              | CORP              | US        |   1400000 | PA      | $1390725.00   | 0.55%             | 2029-01-03      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| American Axle & Mfg Inc                                | American Axle & Manufacturing, Inc.                                 | CUSIP: 02406PAU4<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     60000 | PA      | $54213.78     | 0.02%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Patterson-uti Energy Inc                               | Patterson-UTI Energy, Inc.                                          | CUSIP: 703481AC5<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |    120000 | PA      | $107804.30    | 0.04%             | 2029-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Eqm Midstream Partners L                               | EQM Midstream Partners LP                                           | CUSIP: 26885BAE0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     90000 | PA      | $67623.75     | 0.03%             | 2048-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                               | Allison Transmission, Inc.                                          | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    270000 | PA      | $222412.50    | 0.09%             | 2031-01-30      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Medical Solutions LLC                                  | Medical Solutions LLC                                               | CUSIP: N/A<br>LEI: 549300JH2XHZ7TIKYR39       | Long             | LON              | CORP              | US        |    315643 | PA      | $296539.99    | 0.12%             | 2028-11-01      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Lpl Holdings Inc                                       | LPL Holdings, Inc.                                                  | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     45000 | PA      | $38321.75     | 0.02%             | 2031-05-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Cloudera, Inc.                                         | Cloudera, Inc.                                                      | CUSIP: N/A<br>LEI: 549300PGONC4JOI0RG62       | Long             | LON              | CORP              | US        |   2646897 | PA      | $2504215.97   | 0.98%             | 2028-10-08      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                | American Airlines, Inc.                                             | CUSIP: 02376CAX3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |    348666 | PA      | $331855.25    | 0.13%             | 2027-01-29      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Ziggo Financing Partners                               | Ziggo Financing Partnership                                         | CUSIP: N9833RAJ8<br>LEI: 213800TQASLF9JXH5J59 | Long             | LON              | CORP              | US        |   3622991 | PA      | $3541202.00   | 1.39%             | 2028-04-30      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc                           | Univision Communications, Inc.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    310711 | PA      | $307759.61    | 0.12%             | 2029-06-24      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| Romark Clo Ltd                                         | Romark CLO II, Ltd.                                                 | CUSIP: 77587EAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $455559.05    | 0.18%             | 2031-07-25      | Floating      | 7.71%                 | Yes           |                  3 | On Loan: No      |
| Service Properties Trust                               | Service Properties Trust                                            | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    110000 | PA      | $92051.40     | 0.04%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Apttus Corp.                                           | Apttus Corp.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    829139 | PA      | $779390.38    | 0.31%             | 2028-05-08      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| Padagis LLC                                            | Padagis LLC                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1532013 | PA      | $1366049.89   | 0.54%             | 2028-07-06      | Floating      | 8.49%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                           | MH SUB I LLC                                                        | CUSIP: 55303BAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    972997 | PA      | $871440.87    | 0.34%             | 2029-02-23      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| Griffon Corporation                                    | Griffon Corp.                                                       | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |    130000 | PA      | $119151.50    | 0.05%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ashland Llc                                            | Ashland LLC                                                         | CUSIP: 04433LAA0<br>LEI: 6O4MRU8C1MS0K34UQF79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $120085.62    | 0.05%             | 2031-09-01      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Dun & Bradstreet Corp.                                 | Dun & Bradstreet Corp.                                              | CUSIP: 26483NAN0<br>LEI: RI37BMPWE56BCJ747E14 | Long             | LON              | CORP              | US        |   1906073 | PA      | $1891949.43   | 0.74%             | 2026-02-06      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| Howard Hughes Corp                                     | Howard Hughes Corp.                                                 | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    120000 | PA      | $100673.40    | 0.04%             | 2029-02-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Central Garden & Pet Co                                | Central Garden & Pet Co.                                            | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    120000 | PA      | $98761.01     | 0.04%             | 2030-10-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises                                | Royal Caribbean Cruises, Ltd.                                       | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     30000 | PA      | $25275.00     | 0.01%             | 2026-08-31      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Primo Water Holdings Inc                               | Primo Water Holdings, Inc.                                          | CUSIP: 74168LAA4<br>LEI: 9845008F9A5F2E1D4832 | Long             | DBT              | CORP              | US        |    130000 | PA      | $112420.30    | 0.04%             | 2029-04-30      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Weld North Education Llc                               | Weld North Education LLC                                            | CUSIP: 94935RAE3<br>LEI: 254900W855WLN58WNJ32 | Long             | LON              | CORP              | US        |   3643681 | PA      | $3579005.62   | 1.40%             | 2027-12-17      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| New Gold Inc                                           | New Gold, Inc.                                                      | CUSIP: 644535AH9<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $35165.36     | 0.01%             | 2027-07-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Loyalty Ventures INC                                   | Loyalty Ventures, Inc.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    719180 | PA      | $300707.14    | 0.12%             | 2027-11-03      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| XPO Logistics, Inc.                                    | XPO Logistics Inc, First Lien Refinancing Term Loan                 | CUSIP: 98379EAE6<br>LEI: 54930096DB9LCLPN7H13 | Long             | LON              | CORP              | US        |   2200000 | PA      | $2192949.00   | 0.86%             | 2025-02-24      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Wynn Resorts Finance Llc                               | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.               | CUSIP: 983133AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49801.82     | 0.02%             | 2025-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| LBM Acquisition LLC                                    | LBM Acquisition LLC                                                 | CUSIP: 50179JAB4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |   3134304 | PA      | $2731263.66   | 1.07%             | 2027-12-17      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| Foundation Building Materials, Inc.                    | Foundation Building Materials, Inc.                                 | CUSIP: 35039KAB2<br>LEI: 549300ZVE6MONHB01I28 | Long             | LON              | CORP              | US        |   2090367 | PA      | $1984280.79   | 0.78%             | 2028-01-31      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                               | Service Properties Trust                                            | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    230000 | PA      | $181361.89    | 0.07%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Tacala Investment Corp.                                | Tacala Investment Corp.                                             | CUSIP: 873412AC4<br>LEI: 549300XTM341KBSTDI88 | Long             | LON              | CORP              | US        |   2000000 | PA      | $1822750.00   | 0.72%             | 2028-02-04      | Floating      | 11.88%                | No            |                  2 | On Loan: No      |
| Pediatric Associates Hol                               | Pediatric Associates Holding Co. LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |      5875 | PA      | $5593.63      | 0.00%             | 2028-12-29      | Floating      | 2.30%                 | No            |                  2 | On Loan: No      |
| Aegion Corp.                                           | Aegion Corp.                                                        | CUSIP: N/A<br>LEI: 549300AG3DVJURRIT691       | Long             | LON              | CORP              | US        |   2157485 | PA      | $2021735.68   | 0.79%             | 2028-05-17      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| Global Part/glp Finance                                | Global Partners LP / GLP Finance Corp.                              | CUSIP: 37954FAG9<br>LEI: 549300PCHWTW9P4DU444 | Long             | DBT              | CORP              | US        |    110000 | PA      | $104632.78    | 0.04%             | 2027-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sunoco Lp/finance Corp                                 | Sunoco LP / Sunoco Finance Corp.                                    | CUSIP: 86765LAT4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    250000 | PA      | $219036.25    | 0.09%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Genesis Care Finance Pty, Ltd.                         | Genesis Care Finance Pty, Ltd.                                      | CUSIP: N/A<br>LEI: 549300DP8DMJSJHJ2Q65       | Long             | LON              | CORP              | US        |   1876754 | PA      | $686188.33    | 0.27%             | 2027-05-14      | Floating      | 9.76%                 | No            |                  2 | On Loan: No      |
| ConnectWise LLC                                        | Connectwise, LLC                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2315156 | PA      | $2205186.24   | 0.87%             | 2028-09-29      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Hldgs Llc                                | Macy's Retail Holdings LLC                                          | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $16840.00     | 0.01%             | 2032-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Macy's Retail Hldgs Llc                                | Macy's Retail Holdings LLC                                          | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8868.73      | 0.00%             | 2029-04-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Onex TSG Intermediate Corp.                            | Onex TSG Intermediate Corp.                                         | CUSIP: 68276QAJ5<br>LEI: 5493006IJC5WXT1WJK88 | Long             | LON              | CORP              | US        |   1969924 | PA      | $1764529.54   | 0.69%             | 2028-02-28      | Floating      | 9.16%                 | No            |                  2 | On Loan: No      |
| Ford Motor Company                                     | Ford Motor Co.                                                      | CUSIP: 345370CX6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     90000 | PA      | $101970.45    | 0.04%             | 2030-04-22      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| LTI Holdings, Inc.                                     | LTI Holdings, Inc.                                                  | CUSIP: 50217UAS6<br>LEI: 5493003GUY3WBOTOAP97 | Long             | LON              | CORP              | US        |      5792 | PA      | $5558.06      | 0.00%             | 2025-09-06      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Transocean Inc                                         | Transocean, Inc.                                                    | CUSIP: 893830BF5<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     90000 | PA      | $75907.80     | 0.03%             | 2026-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                   | Las Vegas Sands Corp.                                               | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    230000 | PA      | $194220.61    | 0.08%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Focus Financial Partners Llc                           | Focus Financial Partners LLC                                        | CUSIP: 34416DAU2<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |   1546076 | PA      | $1519985.92   | 0.60%             | 2028-07-01      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Center LLC                           | Edelman Financial Center LLC                                        | CUSIP: 27943TAB5<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    384615 | PA      | $347767.30    | 0.14%             | 2026-07-20      | Floating      | 11.13%                | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                  | Bath & Body Works, Inc.                                             | CUSIP: 501797AM6<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    115000 | PA      | $101280.50    | 0.04%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Halseypoint Clo Ltd.                                   | Halseypoint Clo 5, Ltd.                                             | CUSIP: 406370AA4<br>LEI: 549300VBED2CGY7JQG51 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1332862.20   | 0.52%             | 2035-01-30      | Floating      | 11.35%                | Yes           |                  3 | On Loan: No      |
| Nationstar Mtg Hld Inc                                 | Nationstar Mortgage Holdings, Inc.                                  | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $124608.00    | 0.05%             | 2031-11-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Corporation Service Company                            | Corporation Service Company                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    869382 | PA      | $861774.73    | 0.34%             | 2029-11-02      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| PECF USS Intermediate Holding III Corp                 | United Site Cov-Lite                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1559589 | PA      | $1306264.98   | 0.51%             | 2028-12-15      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| Enerflex Ltd                                           | Enerflex, Ltd.                                                      | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $59914.20     | 0.02%             | 2027-10-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Park Place Technologies LLC                            | Park Place Technologies LLC                                         | CUSIP: 70070KAH6<br>LEI: 549300SSM38QN4VYDD29 | Long             | LON              | CORP              | US        |   1627368 | PA      | $1538880.33   | 0.60%             | 2027-11-10      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| Taylor Morrison Comm                                   | Taylor Morrison Communities, Inc.                                   | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60760.65     | 0.02%             | 2030-08-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Hologic Inc                                            | Hologic, Inc.                                                       | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |     90000 | PA      | $77429.38     | 0.03%             | 2029-02-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Lti Holdings Inc                                       | LTI Holdings, Inc.                                                  | CUSIP: 50217UAW7<br>LEI: 5493003GUY3WBOTOAP97 | Long             | LON              | CORP              | US        |    602993 | PA      | $578873.66    | 0.23%             | 2026-07-24      | Floating      | 8.88%                 | No            |                  2 | On Loan: No      |
| Tiaa Clo Ltd                                           | TIAA CLO IV, Ltd.                                                   | CUSIP: 87248RAA7<br>LEI: 5493000Q4E256SBMCY29 | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $688265.44    | 0.27%             | 2032-01-20      | Floating      | 10.19%                | Yes           |                  3 | On Loan: No      |
| Service Properties Trust                               | Service Properties Trust                                            | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     31000 | PA      | $22058.72     | 0.01%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Firstcash Inc                                          | FirstCash, Inc.                                                     | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178273.01    | 0.07%             | 2030-01-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Msci Inc                                               | MSCI, Inc.                                                          | CUSIP: 55354GAL4<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    120000 | PA      | $99984.00     | 0.04%             | 2031-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Ss&c Technologies Inc                                  | SS&C Technologies, Inc.                                             | CUSIP: 78466DBH6<br>LEI: 549300KY09TR3J12JU49 | Long             | LON              | CORP              | US        |    420756 | PA      | $414051.48    | 0.16%             | 2029-03-22      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                    | Messer Industries Llc Tl                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1366669 | PA      | $1357061.29   | 0.53%             | 2025-10-01      | Floating      | 7.23%                 | No            |                  2 | On Loan: No      |
| Superior Plus/gen Prtnr                                | Superior Plus LP / Superior General Partner, Inc.                   | CUSIP: 86828LAC6<br>LEI: 549300K5Y13GU6TPZJ49 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $77080.05     | 0.03%             | 2029-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Kodiak BP LLC                                          | Kodiak Building Partners Inc. TLB                                   | CUSIP: N/A<br>LEI: 549300Y1Q6ZUH0EXO182       | Long             | LON              | CORP              | US        |   3233055 | PA      | $3043113.08   | 1.19%             | 2028-03-12      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Chs/community Health Sys                               | CHS/Community Health Systems, Inc.                                  | CUSIP: 12543DBC3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45625.00     | 0.02%             | 2026-03-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Crocs Inc                                              | Crocs, Inc.                                                         | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50902.50     | 0.02%             | 2029-03-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Chariot Buyer Llc                                      | Chariot Buyer LLC                                                   | CUSIP: 15963CAC0<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |   1877328 | PA      | $1871461.56   | 0.73%             | 2028-11-03      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| Foot Locker Inc                                        | Foot Locker, Inc.                                                   | CUSIP: 344849AA2<br>LEI: 549300X383CBNP6MTV94 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31219.97     | 0.01%             | 2029-10-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Post Holdings Inc                                      | Post Holdings, Inc.                                                 | CUSIP: 737446AN4<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    190000 | PA      | $179132.96    | 0.07%             | 2028-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Commercial Metals Co                                   | Commercial Metals Co.                                               | CUSIP: 201723AR4<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87137.15     | 0.03%             | 2032-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                           | Navient Corp.                                                       | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     45000 | PA      | $32138.34     | 0.01%             | 2033-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AlixPartners, LLP                                      | AlixPartners, LLP                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1147081 | PA      | $1139401.51   | 0.45%             | 2028-01-28      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Acadia Healthcare Co Inc                               | Acadia Healthcare Co., Inc.                                         | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18426.10     | 0.01%             | 2029-04-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Sensata Technologies Bv                                | Sensata Technologies BV                                             | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     40000 | PA      | $34554.00     | 0.01%             | 2029-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Sound Point Clo Ltd                                    | Sound Point CLO XXVII, Ltd.                                         | CUSIP: 83613KAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $811809.00    | 0.32%             | 2034-10-25      | Floating      | 10.92%                | Yes           |                  3 | On Loan: No      |
| Ivanti Software, Inc.                                  | Ivanti Software, Inc.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    772388 | PA      | $451847.02    | 0.18%             | 2028-12-01      | Floating      | 12.01%                | No            |                  2 | On Loan: No      |
| Rinchem Co Inc                                         | Rinchem Company, Inc.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |    736444 | PA      | $697780.78    | 0.27%             | 2029-03-02      | Floating      | 9.18%                 | No            |                  3 | On Loan: No      |
| Lamb Weston Hld                                        | Lamb Weston Holdings, Inc.                                          | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30630.08     | 0.01%             | 2032-01-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Femur Buyer, Inc.                                      | Femur Buyer, Inc.                                                   | CUSIP: 31446JAC9<br>LEI: 2549000I18BON7XEKV12 | Long             | LON              | CORP              | US        |   1858448 | PA      | $1604072.52   | 0.63%             | 2026-03-05      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| Romark Clo Ltd                                         | Romark CLO IV, Ltd.                                                 | CUSIP: 77588MAA7<br>LEI: 549300HD9K8XL8QM2Z46 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $852552.30    | 0.33%             | 2034-07-10      | Floating      | 10.86%                | Yes           |                  3 | On Loan: No      |
| Inmar, Inc.                                            | Inmar, Inc.                                                         | CUSIP: 45763FAN8<br>LEI: 549300N1ML5MXXFIDZ25 | Long             | LON              | CORP              | US        |   2284240 | PA      | $2084939.64   | 0.82%             | 2024-05-01      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Heartland Dental LLC                                   | Heartland Dental LLC                                                | CUSIP: 42236WAQ0<br>LEI: 5493008FRC0GRKBN1075 | Long             | LON              | CORP              | US        |   1565673 | PA      | $1458816.18   | 0.57%             | 2025-04-30      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| Station Casinos Llc                                    | Station Casinos LLC                                                 | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60965.22     | 0.02%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Trugreen Lp                                            | TruGreen LP                                                         | CUSIP: 89787RAH5<br>LEI: 549300QNRP2MNHR3QM19 | Long             | LON              | CORP              | US        |   1945038 | PA      | $1732309.35   | 0.68%             | 2027-11-02      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Builders Firstsource Inc                               | Builders FirstSource, Inc.                                          | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65841.73     | 0.03%             | 2032-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Brundage-bone Concrete                                 | Brundage-Bone Concrete Pumping Holdings, Inc.                       | CUSIP: 66981QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $86725.12     | 0.03%             | 2026-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Valvoline Inc                                          | Valvoline, Inc.                                                     | CUSIP: 92047WAG6<br>LEI: 549300CMHPBEY6VPOT75 | Long             | DBT              | CORP              | US        |     70000 | PA      | $57528.10     | 0.02%             | 2031-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Access CIG LLC                                         | Access CIG LLC                                                      | CUSIP: 00435CAL2<br>LEI: 5493002EU9Z6IQMPAN35 | Long             | LON              | CORP              | US        |   2385997 | PA      | $2123537.40   | 0.83%             | 2026-02-27      | Floating      | 12.12%                | No            |                  3 | On Loan: No      |
| HUNTER DOUGLAS NV                                      | Hunter Douglas Inc.                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |   1416161 | PA      | $1253175.00   | 0.49%             | 2029-02-26      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| TRC Companies Inc                                      | TRC Companies                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1831392 | PA      | $1756304.51   | 0.69%             | 2028-12-08      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Covanta Holding Corporation                            | Covanta 11/21 TLB                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2337278 | PA      | $2323511.29   | 0.91%             | 2028-11-30      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Peraton Corp.                                          | Peraton Corp.                                                       | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   3274216 | PA      | $3203279.93   | 1.26%             | 2028-02-01      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Msci Inc                                               | MSCI, Inc.                                                          | CUSIP: 55354GAK6<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    120000 | PA      | $99963.00     | 0.04%             | 2030-09-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Ss&c Technologies Inc                                  | SS&C Technologies, Inc.                                             | CUSIP: 78466DBG8<br>LEI: 549300KY09TR3J12JU49 | Long             | LON              | CORP              | US        |    279244 | PA      | $274794.02    | 0.11%             | 2029-03-22      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings Inc                                 | Energizer Holdings, Inc.                                            | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17364.07     | 0.01%             | 2028-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Eaton Vance Cdo Ltd                                    | Eaton Vance CLO 2013-1, Ltd.                                        | CUSIP: 27830CAJ1<br>LEI: 5493001O5CL3BBUIEH94 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $219270.00    | 0.09%             | 2034-01-15      | Floating      | 10.88%                | Yes           |                  3 | On Loan: No      |
| Crown Finance US, Inc.                                 | Crown Finance US, Inc.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    321236 | PA      | $59475.23     | 0.02%             | 2026-09-30      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                        | Sealed Air Corp.                                                    | CUSIP: 81211KAK6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89346.82     | 0.04%             | 2033-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Nustar Logistics Lp                                    | NuStar Logistics LP                                                 | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     80000 | PA      | $74115.18     | 0.03%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Enlink Midstream Partner                               | EnLink Midstream Partners LP                                        | CUSIP: 29336UAD9<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     45000 | PA      | $34182.15     | 0.01%             | 2045-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Cvr Partners/cvr Nitroge                               | CVR Partners LP / CVR Nitrogen Finance Corp.                        | CUSIP: 12663QAC9<br>LEI: 529900LE0OS06MYQRP11 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35936.33     | 0.01%             | 2028-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Vertex Aerospace Services Corp                         | Vertex Aerospace Corp.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    877981 | PA      | $863854.05    | 0.34%             | 2028-12-06      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Ocp Clo Ltd                                            | OCP CLO 2017-13, Ltd.                                               | CUSIP: 67097NAG7<br>LEI: 254900M77QLN2EBJHE11 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1333976.55   | 0.52%             | 2030-07-15      | Floating      | 10.58%                | Yes           |                  3 | On Loan: No      |
| Vantage Specialty Chemicals, Inc.                      | Vantage Specialty Chemicals, Inc.                                   | CUSIP: 92210XAC4<br>LEI: 54930057U5S5AY44VU09 | Long             | LON              | CORP              | US        |    416716 | PA      | $407912.80    | 0.16%             | 2024-10-28      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Gap Inc/the                                            | Gap, Inc.                                                           | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    135000 | PA      | $95408.55     | 0.04%             | 2029-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Calumet Specialty Prod                                 | Calumet Specialty Products Partners LP / Calumet Finance Corp.      | CUSIP: 131477AV3<br>LEI: 529900QWK0FGLES9BA18 | Long             | DBT              | CORP              | US        |    110000 | PA      | $102987.50    | 0.04%             | 2027-01-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Team Health Holdings, Inc.                             | Team Health Holdings, Inc.                                          | CUSIP: 87817JAE8<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |   2576259 | PA      | $2215582.90   | 0.87%             | 2024-02-06      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Ares Clo Ltd                                           | Ares LIV CLO, Ltd.                                                  | CUSIP: 04017XAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $451223.70    | 0.18%             | 2032-10-15      | Floating      | 11.42%                | Yes           |                  3 | On Loan: No      |
| Radiate Holdco LLC                                     | Radiate Holdco, LLC,                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1845340 | PA      | $1507513.65   | 0.59%             | 2026-09-25      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Ziff Davis Inc                                         | Ziff Davis, Inc.                                                    | CUSIP: 48123VAF9<br>LEI: 5493008OJYGLHD7MXA18 | Long             | DBT              | CORP              | US        |     95000 | PA      | $80555.73     | 0.03%             | 2030-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Blackstone Mortgage Tr                                 | Blackstone Mortgage Trust, Inc.                                     | CUSIP: 09259GAC7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | LON              | CORP              | US        |    438866 | PA      | $429265.79    | 0.17%             | 2026-04-23      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Clearwater Paper Corp                                  | Clearwater Paper Corp.                                              | CUSIP: 18538RAJ2<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |    140000 | PA      | $123639.02    | 0.05%             | 2028-08-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Transdigm Inc                                          | TransDigm, Inc.                                                     | CUSIP: 89364MBR4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   2118068 | PA      | $2096358.00   | 0.82%             | 2025-12-09      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                         | Bombardier, Inc.                                                    | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    110000 | PA      | $106923.78    | 0.04%             | 2026-06-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Froneri International, Ltd.                            | Froneri International, Ltd.                                         | CUSIP: G3679YAC6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3524620 | PA      | $3436998.40   | 1.35%             | 2027-01-29      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Carval Clo Ltd                                         | CarVal CLO I, Ltd.                                                  | CUSIP: 14686PAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $803045.20    | 0.32%             | 2031-07-16      | Floating      | 9.85%                 | Yes           |                  3 | On Loan: No      |
| Covenant Surgical Partners, Inc.                       | Covenant Surgical Partners, Inc.                                    | CUSIP: 22284MAP7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2688353 | PA      | $2278378.95   | 0.89%             | 2026-07-01      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                         | Bombardier, Inc.                                                    | CUSIP: 097751BX8<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     10000 | PA      | $9259.40      | 0.00%             | 2028-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Asbury Automotive Group                                | Asbury Automotive Group, Inc.                                       | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    110000 | PA      | $92146.63     | 0.04%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| 1011778 Bc / New Red Fin                               | 1011778 BC ULC / New Red Finance, Inc.                              | CUSIP: 68245XAJ8<br>LEI: 549300RHSHNRWI5LLA86 | Long             | DBT              | CORP              | CA        |    160000 | PA      | $143498.55    | 0.06%             | 2028-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Icahn Enterprises/fin                                  | Icahn Enterprises LP / Icahn Enterprises Finance Corp.              | CUSIP: 451102BZ9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    390000 | PA      | $357942.00    | 0.14%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Apidos Clo                                             | Apidos CLO XXXV                                                     | CUSIP: 03768UAD1<br>LEI: 549300KJKTO0Q1OATW69 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $900110.40    | 0.35%             | 2034-04-20      | Floating      | 6.89%                 | Yes           |                  3 | On Loan: No      |
| Ingram Micro, Inc.                                     | Ingram Micro, Inc.                                                  | CUSIP: N/A<br>LEI: 549300KJMEWPKRQZHX63       | Long             | LON              | CORP              | US        |   2380209 | PA      | $2350456.25   | 0.92%             | 2028-06-30      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                  | Level 3 Financing, Inc.                                             | CUSIP: 52729KAP1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |   4212903 | PA      | $4047778.40   | 1.59%             | 2027-03-01      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Pbf Holding Co Llc                                     | PBF Holding Co. LLC / PBF Finance Corp.                             | CUSIP: 69318FAJ7<br>LEI: 549300TILVIIV9FLL461 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89372.50     | 0.04%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Telenet Financing Usd Llc                              | Telenet Financing USD LLC                                           | CUSIP: B9000TBJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3528642 | PA      | $3443072.29   | 1.35%             | 2028-04-30      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                      | Cornerstone Building Brands, Inc.                                   | CUSIP: 72431HAD2<br>LEI: 549300IW41QEWQ6T0H29 | Long             | LON              | CORP              | US        |   1181307 | PA      | $1065497.65   | 0.42%             | 2028-04-12      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Parallel Ltd                                           | Parallel 2021-2, Ltd.                                               | CUSIP: 69916LAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $860000.00    | 0.34%             | 2034-10-20      | Floating      | 11.44%                | Yes           |                  3 | On Loan: No      |
| Delek Log Part/finance                                 | Delek Logistics Partners LP / Delek Logistics Finance Corp.         | CUSIP: 24665FAC6<br>LEI: 549300UVYITDIU51P724 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90332.00     | 0.04%             | 2028-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Curia Global, Inc.                                     | Curia Global, Inc.                                                  | CUSIP: 01242HAM0<br>LEI: CHZJRCSC4ACUSUD2MV11 | Long             | LON              | CORP              | US        |   4411349 | PA      | $3654537.92   | 1.43%             | 2026-08-30      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                 | LifePoint Health, Inc.                                              | CUSIP: 75915TAD4<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   2017692 | PA      | $1906971.22   | 0.75%             | 2025-11-16      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Delta 2 Lux SARL                                       | Delta 2 (Lux) Sarl, TLB                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    412894 | PA      | $413203.61    | 0.16%             | 2030-01-15      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Oi European Group Bv                                   | OI European Group BV                                                | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    240000 | PA      | $210514.80    | 0.08%             | 2030-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Taseko Mines Ltd                                       | Taseko Mines, Ltd.                                                  | CUSIP: 876511AF3<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $88058.93     | 0.03%             | 2026-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Energizer Holdings Inc                                 | Energizer Holdings, Inc.                                            | CUSIP: 29272WAF6<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    160000 | PA      | $152470.27    | 0.06%             | 2027-12-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Berry Global Inc                                       | Berry Global, Inc.                                                  | CUSIP: 08579JBG6<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | LON              | CORP              | US        |    394187 | PA      | $391768.34    | 0.15%             | 2026-07-01      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Pediatric Associates Hol                               | Pediatric Associates Holding Co. LLC                                | CUSIP: 70533DAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     38526 | PA      | $36679.98     | 0.01%             | 2028-12-29      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Snacking Investments Bidco Pty Limited                 | Snacking Investments BidCo Pty, Ltd.                                | CUSIP: Q8531PAE7<br>LEI: 254900AD4L6DCZFKHI06 | Long             | LON              | CORP              | AU        |   1878898 | PA      | $1836622.87   | 0.72%             | 2026-12-18      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| McKissock Investment Holdings LLC                      | McKissock Investment Holdings, LLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |    270214 | PA      | $252903.87    | 0.10%             | 2029-03-12      | Floating      | 8.74%                 | No            |                  2 | On Loan: No      |
| American Airlines Group                                | American Airlines Group, Inc.                                       | CUSIP: 02376RAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $16971.56     | 0.01%             | 2025-03-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Jamestown Clo Ltd                                      | Jamestown CLO XIV, Ltd.                                             | CUSIP: 47048YAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $875519.30    | 0.34%             | 2034-10-20      | Floating      | 11.44%                | Yes           |                  3 | On Loan: No      |
| Atlas CC Acquisition Corp.                             | Atlas CC Acquisition Corp.                                          | CUSIP: 04921TAC8<br>LEI: 6HHLXIOGCDNZ4IRAIW26 | Long             | LON              | CORP              | US        |    608737 | PA      | $515469.57    | 0.20%             | 2028-05-25      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Thunder Finco Pty Ltd                                  | Amplify Finco Pty, Ltd.                                             | CUSIP: Q9035EAB7<br>LEI: 5493003SMRN7SBZN9N79 | Long             | LON              | CORP              | AU        |   2448552 | PA      | $2360820.02   | 0.93%             | 2026-11-26      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Eldorado Gold Corp                                     | Eldorado Gold Corp.                                                 | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |    120000 | PA      | $105135.84    | 0.04%             | 2029-09-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Catalent Pharma Solution                               | Catalent Pharma Solutions, Inc.                                     | CUSIP: 14880BAH4<br>LEI: 549300HALRZ339MSTH85 | Long             | LON              | CORP              | US        |   1500000 | PA      | $1479615.00   | 0.58%             | 2028-02-22      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Genesys Cloud Services                                 | Greeneden U.S. Holdings I LLC                                       | CUSIP: 39479UAQ6<br>LEI: 549300CVRD4OUCPHWQ42 | Long             | LON              | CORP              | US        |   1168353 | PA      | $1124300.05   | 0.44%             | 2027-12-01      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd                                  | Mineral Resources, Ltd.                                             | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    335000 | PA      | $340023.33    | 0.13%             | 2030-05-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Endure Digital Inc                                     | Endurance International Group Holdings, Inc.                        | CUSIP: 29279UAB2<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |   3537706 | PA      | $3192779.78   | 1.25%             | 2028-02-10      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| Babson Clo Ltd                                         | Barings Clo, Ltd. 2021-III                                          | CUSIP: 06762UAA6<br>LEI: 549300V1VT2NXKFG0H98 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $814372.00    | 0.32%             | 2035-01-18      | Floating      | 10.84%                | Yes           |                  3 | On Loan: No      |
| Summit Mid Hlds Llc / Fi                               | Summit Midstream Holdings LLC / Summit Midstream Finance Corp.      | CUSIP: 86614WAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $104922.40    | 0.04%             | 2026-10-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Carestream Health Inc                                  | Carestream Health Holdings Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |     35172 | NS      | $615510.00    | 0.24%             |  |  |  | No            |                  3 | On Loan: No      |
| Ziprecruiter Inc                                       | ZipRecruiter, Inc.                                                  | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33028.80     | 0.01%             | 2030-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Macy's Retail Hldgs Llc                                | Macy's Retail Holdings LLC                                          | CUSIP: 55616XAM9<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     15000 | PA      | $10466.55     | 0.00%             | 2034-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Hudbay Minerals Inc                                    | Hudbay Minerals, Inc.                                               | CUSIP: 443628AH5<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |     30000 | PA      | $27215.54     | 0.01%             | 2029-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Cruises                                | Royal Caribbean Cruises, Ltd.                                       | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     65000 | PA      | $52623.85     | 0.02%             | 2026-07-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Pathway Vet Alliance LLC                               | Pathway Vet Alliance LLC                                            | CUSIP: 70323KAE8<br>LEI: 2549001HRKTHAW7MOH74 | Long             | LON              | CORP              | US        |   2393881 | PA      | $2006861.86   | 0.79%             | 2027-03-31      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Dish Dbs Corp                                          | DISH DBS Corp.                                                      | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $28295.75     | 0.01%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Magenta Buyer LLC                                      | Magenta Buyer LLC                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2437384 | PA      | $2098441.75   | 0.82%             | 2028-07-27      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| Auris Luxembourg III S.a r.l.                          | Auris Luxembourg III SARL                                           | CUSIP: N/A<br>LEI: 213800VO63L2OE6QXG55       | Long             | LON              | CORP              | LU        |   3230318 | PA      | $2899210.01   | 1.14%             | 2026-02-27      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| Learning Care Group No. 2, Inc.                        | Learning Care Group No. 2, Inc.                                     | CUSIP: 52201CAC5<br>LEI: 5493000VMN44LK8QID23 | Long             | LON              | CORP              | US        |   1716102 | PA      | $1600908.36   | 0.63%             | 2025-03-13      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Merlin Buyer Inc.                                      | Bettcher Industries, Inc.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1208489 | PA      | $1139000.51   | 0.45%             | 2028-12-14      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| S&S Holdings LLC                                       | S&S Holdings LLC                                                    | CUSIP: 78524HAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1353184 | PA      | $1237040.57   | 0.49%             | 2028-03-11      | Floating      | 9.29%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                           | Navient Corp.                                                       | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     85000 | PA      | $74558.86     | 0.03%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Apex Group Treasury, Ltd.                              | Apex Group Treasury, Ltd.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1082300 | PA      | $1036302.36   | 0.41%             | 2028-07-27      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Sirius Xm Radio Inc                                    | Sirius XM Radio, Inc.                                               | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58657.07     | 0.02%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Nationstar Mtg Hld Inc                                 | Nationstar Mortgage Holdings, Inc.                                  | CUSIP: 63861CAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     84000 | PA      | $64989.32     | 0.03%             | 2030-12-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| LABL Inc                                               | LABL, Inc.                                                          | CUSIP: N/A<br>LEI: 5493004FUZN8R6Y3VB98       | Long             | LON              | CORP              | US        |    815268 | PA      | $776033.09    | 0.30%             | 2028-10-29      | Floating      | 9.38%                 | No            |                  2 | On Loan: No      |
| Signal Peak Clo, Llc                                   | Signal Peak CLO 10, Ltd.                                            | CUSIP: 82671CAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2030236.20   | 0.80%             | 2035-01-24      | Floating      | 7.52%                 | Yes           |                  3 | On Loan: No      |
| N/A                                                    | MIRION TECHNOLOGIES, INC., TLB                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1450000 | PA      | $1426698.50   | 0.56%             | 2028-10-05      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| CoreLogic, Inc.                                        | CoreLogic, Inc.                                                     | CUSIP: N/A<br>LEI: 54930086CD8K2UIL0516       | Long             | LON              | CORP              | US        |   2635796 | PA      | $2208309.06   | 0.87%             | 2028-06-02      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| Antero Midstream Part/fi                               | Antero Midstream Partners LP / Antero Midstream Finance Corp.       | CUSIP: N/A<br>LEI: 529900HFO1BDEIT4QU11       | Long             | DBT              | CORP              | US        |     40000 | PA      | $36623.60     | 0.01%             | 2029-06-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Virgin Media Bristol Llc                               | Virgin Media Bristol LLC                                            | CUSIP: G9368PBE3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    900000 | PA      | $893475.00    | 0.35%             | 2029-01-31      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Ncl Corporation Ltd                                    | NCL Corp., Ltd.                                                     | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    315000 | PA      | $247968.00    | 0.10%             | 2026-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Amentum Government Services Holdings LLC               | Amentum Government Services Holdings LLC                            | CUSIP: N/A<br>LEI: 5493008CT6B5L54YSE94       | Long             | LON              | CORP              | CA        |   1401589 | PA      | $1369177.54   | 0.54%             | 2029-02-15      | Floating      | 8.12%                 | No            |                  2 | On Loan: No      |
| Cornerstone OnDemand, Inc.                             | Cornerstone OnDemand, Inc.                                          | CUSIP: N/A<br>LEI: 549300Z402F16H5EGH48       | Long             | LON              | CORP              | US        |   2647723 | PA      | $2376331.24   | 0.93%             | 2028-10-16      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Hughes Satellite Systems                               | Hughes Satellite Systems Corp.                                      | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $56069.40     | 0.02%             | 2026-08-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                           | Navient Corp.                                                       | CUSIP: 63938CAH1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192331.53    | 0.08%             | 2025-06-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Lgi Homes Inc                                          | LGI Homes, Inc.                                                     | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |     60000 | PA      | $46435.49     | 0.02%             | 2029-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Viavi Solutions Inc                                    | Viavi Solutions, Inc.                                               | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84209.95     | 0.03%             | 2029-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| VT Topco, Inc.                                         | VT Topco, Inc.                                                      | CUSIP: 91838LAC4<br>LEI: 5493007T812R37X02Y38 | Long             | LON              | CORP              | US        |       299 | PA      | $290.18       | 0.00%             | 2025-08-03      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Crestwood Mid Partner Lp                               | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp. | CUSIP: 226373AR9<br>LEI: 549300VJQPPSEJPBNA66 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22973.89     | 0.01%             | 2029-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Ati Inc                                                | ATI, Inc.                                                           | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35400.20     | 0.01%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Pg&e Corp                                              | PG&E Corp.                                                          | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     80000 | PA      | $72922.80     | 0.03%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Compass Minerals Interna                               | Compass Minerals International, Inc.                                | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48077.50     | 0.02%             | 2027-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| KKR Apple Bidco LLC                                    | KKR Apple Bidco LLC                                                 | CUSIP: N/A<br>LEI: 2549001SCJD3WEYJFM53       | Long             | LON              | CORP              | US        |    248629 | PA      | $241169.71    | 0.09%             | 2029-09-21      | Floating      | 10.13%                | No            |                  2 | On Loan: No      |
| Covenant Surgical Partners, Inc.                       | Covenant Surgical Partners, Inc.                                    | CUSIP: 22284MAU6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    555686 | PA      | $470943.61    | 0.18%             | 2026-07-01      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Pennymac Fin Svcs Inc                                  | PennyMac Financial Services, Inc.                                   | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    150000 | PA      | $119172.73    | 0.05%             | 2031-09-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Nokia Oyj                                              | Nokia Oyj                                                           | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |     40000 | PA      | $38037.46     | 0.01%             | 2039-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Maravai Intermediate Hol                               | Maravai Intermediate Holdings LLC                                   | CUSIP: 56589PAJ4<br>LEI: 2549005DIMMJLV8LMZ14 | Long             | LON              | CORP              | US        |    797985 | PA      | $784518.89    | 0.31%             | 2027-10-19      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                          | Carnival Corp.                                                      | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    110000 | PA      | $87380.12     | 0.03%             | 2026-03-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Nustar Logistics Lp                                    | NuStar Logistics LP                                                 | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28103.33     | 0.01%             | 2027-04-28      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton Inc                                | Booz Allen Hamilton, Inc.                                           | CUSIP: 09951LAA1<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    210000 | PA      | $186423.85    | 0.07%             | 2028-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co Llc                               | Vistra Operations Co. LLC                                           | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     80000 | PA      | $69090.55     | 0.03%             | 2029-05-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Vantage Specialty Chemicals, Inc.                      | Vantage Specialty Chemicals, Inc.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      2300 | PA      | $2251.41      | 0.00%             | 2024-10-28      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| DTI Holdco, Inc.                                       | DTI Holdco, Inc. TL                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1130076 | PA      | $1043907.59   | 0.41%             | 2029-04-26      | Floating      | 8.84%                 | No            |                  2 | On Loan: No      |
| Park River Holdings, Inc.                              | Park River Holdings, Inc.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4319005 | PA      | $3795325.22   | 1.49%             | 2027-12-28      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| AMC Entertainment Holdings, Inc.                       | AMC Entertainment Holdings, Inc.                                    | CUSIP: 00164DAQ6<br>LEI: 549300ZO77UNR6NRBR11 | Long             | LON              | CORP              | US        |   3136254 | PA      | $1714809.62   | 0.67%             | 2026-04-22      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| Suncoke Energy Inc                                     | SunCoke Energy, Inc.                                                | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |    120000 | PA      | $103162.50    | 0.04%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Taylor Morrison Comm                                   | Taylor Morrison Communities, Inc.                                   | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     90000 | PA      | $84426.54     | 0.03%             | 2028-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Mercer Intl Inc                                        | Mercer International, Inc.                                          | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |    160000 | PA      | $133996.80    | 0.05%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Eco Services Operations                                | Eco Services Operations Corp.                                       | CUSIP: 27922JAB2<br>LEI: 2H1FRGMQKKSWC9PFJY28 | Long             | LON              | CORP              | US        |   1450000 | PA      | $1430968.75   | 0.56%             | 2028-06-09      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc                                   | Aramark Services, Inc.                                              | CUSIP: 03852JAS0<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |   2446164 | PA      | $2420785.38   | 0.95%             | 2028-04-06      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Travel Leaders Group LLC                               | Travel Leaders Group LLC                                            | CUSIP: 89416FAQ0<br>LEI: 549300ELYRGQJOXAK024 | Long             | LON              | CORP              | US        |   2228333 | PA      | $2048674.01   | 0.80%             | 2024-01-25      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Holly Nrg Prtnr/fin Corp                               | Holly Energy Partners LP / Holly Energy Finance Corp.               | CUSIP: 435765AH5<br>LEI: 529900NVV7ODCT0QCG29 | Long             | DBT              | CORP              | US        |    160000 | PA      | $145956.21    | 0.06%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                            | Allied Universal Holdco LLC                                         | CUSIP: 01957TAH0<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |      4465 | PA      | $4250.24      | 0.00%             | 2028-05-12      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Virgin Media Bristol Llc                               | Virgin Media Bristol LLC                                            | CUSIP: G9368PBC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2742113 | PA      | $2701227.93   | 1.06%             | 2028-01-31      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| United AirLines, Inc.                                  | United AirLines, Inc.                                               | CUSIP: N/A<br>LEI: K1OQBWM7XEOO08LDNP29       | Long             | LON              | CORP              | US        |   1690739 | PA      | $1674186.83   | 0.66%             | 2028-04-21      | Floating      | 8.11%                 | No            |                  2 | On Loan: No      |
| Regatta Xv Funding Ltd.                                | Regatta CLO XV Funding, Ltd.                                        | CUSIP: 75888RAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $233492.73    | 0.09%             | 2031-10-25      | Floating      | 7.66%                 | Yes           |                  3 | On Loan: No      |
| Hyland Software, Inc.                                  | Hyland Software, Inc.                                               | CUSIP: 44908XAV0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3005003 | PA      | $2857758.02   | 1.12%             | 2025-07-07      | Floating      | 10.63%                | No            |                  2 | On Loan: No      |
| Howard Hughes Corp                                     | Howard Hughes Corp.                                                 | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     26000 | PA      | $21073.36     | 0.01%             | 2031-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Tecostar Holdings, Inc.                                | Tecostar Holdings, Inc.                                             | CUSIP: 87876HAC4<br>LEI: 549300IXCNJ4GPQ18L22 | Long             | LON              | CORP              | US        |   2365853 | PA      | $1989433.62   | 0.78%             | 2024-05-01      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| HIG Finance 2, Ltd.                                    | HIG Finance 2, Ltd.                                                 | CUSIP: G4712JAR3<br>LEI: 213800R6D9EVRN5D3117 | Long             | LON              | CORP              | GB        |   2221463 | PA      | $2167114.75   | 0.85%             | 2027-11-12      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| Sonic Automotive Inc                                   | Sonic Automotive, Inc.                                              | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19687.87     | 0.01%             | 2031-11-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Envision Healthcare Corp                               | Envision Healthcare Corp.                                           | CUSIP: 29373UAF8<br>LEI: 549300OL60X0LPKY8N60 | Long             | LON              | CORP              | US        |   1861102 | PA      | $651385.70    | 0.26%             | 2027-03-31      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| Reynolds Consumer Products LLC                         | Reynolds Consumer Products LLC                                      | CUSIP: 76171JAB7<br>LEI: 549300DWNZYMOSR1X343 | Long             | LON              | CORP              | US        |   2492680 | PA      | $2476514.65   | 0.97%             | 2027-02-04      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| Consensus Cloud Solution                               | Consensus Cloud Solutions, Inc.                                     | CUSIP: 20848VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $37580.23     | 0.01%             | 2026-10-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| EG Group, Ltd.                                         | EG Group, Ltd.                                                      | CUSIP: N2820EAC2<br>LEI: 549300BY1CRYVPEG9R57 | Long             | LON              | CORP              | US        |   1423884 | PA      | $1348247.74   | 0.53%             | 2025-02-07      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Perforce Software, Inc.                                | Perforce Software, Inc.                                             | CUSIP: 71376GAF8<br>LEI: 549300322GBMUSL1VG17 | Long             | LON              | CORP              | US        |    424206 | PA      | $396433.27    | 0.16%             | 2026-07-01      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Chemours Co                                            | Chemours Co.                                                        | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    110000 | PA      | $90068.00     | 0.04%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| White Cap Buyer LLC                                    | White Cap Buyer LLC                                                 | CUSIP: 96350TAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1987287 | PA      | $1925184.17   | 0.76%             | 2027-10-19      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Triton Water Holdings, Inc.                            | Triton Water Holdings, Inc.                                         | CUSIP: 89678QAB2<br>LEI: 5493005IYCEL7QJFZZ63 | Long             | LON              | CORP              | US        |   3280290 | PA      | $3061740.73   | 1.20%             | 2028-03-31      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Radiology Partners Inc                                 | Radiology Partners, Inc.                                            | CUSIP: 75041EAB8<br>LEI: 549300SFTAG2177WUZ08 | Long             | LON              | CORP              | US        |   1359540 | PA      | $1147540.13   | 0.45%             | 2025-07-09      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| Quest Software US Holdings Inc.                        | Quest Borrower Ltd.                                                 | CUSIP: N/A<br>LEI: 54930052G52L5K3UK623       | Long             | LON              | CORP              | US        |   2005705 | PA      | $1556306.64   | 0.61%             | 2029-02-01      | Floating      | 8.49%                 | No            |                  2 | On Loan: No      |
| Stericycle Inc                                         | Stericycle, Inc.                                                    | CUSIP: 858912AG3<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26214.45     | 0.01%             | 2029-01-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Pilot Travel Centers Llc                               | Pilot Travel Centers LLC                                            | CUSIP: 72165NBH1<br>LEI: 549300115UILLXNE1Z49 | Long             | LON              | CORP              | US        |   2500000 | PA      | $2475937.50   | 0.97%             | 2028-08-06      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Pre Paid Legal Services Inc                            | Pre Paid Legal Services, Inc.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    795997 | PA      | $767285.45    | 0.30%             | 2028-12-15      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Mitchell International, Inc.                           | Mitchell International, Inc.                                        | CUSIP: N/A<br>LEI: 5493002RDNIGEM7SSV41       | Long             | LON              | CORP              | US        |   2437699 | PA      | $2253615.98   | 0.88%             | 2028-10-15      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| MLN US HoldCo LLC                                      | MLN US HoldCo LLC                                                   | CUSIP: 55292HAB9<br>LEI: 549300QKU7NPW6O86862 | Long             | LON              | CORP              | US        |    517874 | PA      | $182550.55    | 0.07%             | 2025-11-30      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| Fmg Resources Aug 2006                                 | FMG Resources August 2006 Pty, Ltd.                                 | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     53000 | PA      | $49447.54     | 0.02%             | 2030-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Sirius Xm Radio Inc                                    | Sirius XM Radio, Inc.                                               | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    300000 | PA      | $261666.00    | 0.10%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Adapthealth Llc                                        | AdaptHealth LLC                                                     | CUSIP: 00653VAE1<br>LEI: 549300SN58QQ28RVWE26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85259.00     | 0.03%             | 2030-03-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Trans Union Llc                                        | Trans Union LLC                                                     | CUSIP: 89334GAX2<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |   2841650 | PA      | $2806384.90   | 1.10%             | 2026-11-15      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| UPC Financing Partnership                              | UPC Financing Partnership                                           | CUSIP: N/A<br>LEI: 213800DXWIS9KORQ3X94       | Long             | LON              | CORP              | NL        |   3382836 | PA      | $3308836.18   | 1.30%             | 2028-04-30      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Service Corp Intl                                      | Service Corp. International                                         | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46788.50     | 0.02%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VT Topco, Inc.                                         | VT Topco, Inc.                                                      | CUSIP: 91838LAB6<br>LEI: 5493007T812R37X02Y38 | Long             | LON              | CORP              | US        |      1582 | PA      | $1537.72      | 0.00%             | 2025-08-03      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Eab Global Inc                                         | EAB Global, Inc.                                                    | CUSIP: 26835CAC3<br>LEI: 254900WJRUVZKYEF1M36 | Long             | LON              | CORP              | US        |       857 | PA      | $826.11       | 0.00%             | 2028-08-16      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Wabash National Corp                                   | Wabash National Corp.                                               | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85283.59     | 0.03%             | 2028-10-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Churchill Downs Inc                                    | Churchill Downs, Inc.                                               | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    360000 | PA      | $322711.20    | 0.13%             | 2028-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications                               | Univision Communications, Inc.                                      | CUSIP: 914908BC1<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |   1853700 | PA      | $1828211.54   | 0.72%             | 2026-03-24      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Parkland Corp                                          | Parkland Corp./Alberta                                              | CUSIP: 70137WAL2<br>LEI: 549300XHQS1JYWBNK868 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $16578.90     | 0.01%             | 2030-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Pro Mach Group, Inc.                                   | PRO MACH Group, Inc.                                                | CUSIP: N/A<br>LEI: 5493008SZGSVUCSNB151       | Long             | LON              | CORP              | US        |   2986104 | PA      | $2911078.26   | 1.14%             | 2028-08-31      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Telesat Canada                                         | Telesat Canada                                                      | CUSIP: 87951YAU5<br>LEI: 5493004V5GLBY6SO5Y34 | Long             | LON              | CORP              | US        |   1890777 | PA      | $892040.16    | 0.35%             | 2026-12-07      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| DCert Buyer, Inc.                                      | DCert Buyer, Inc.                                                   | CUSIP: 24022KAJ8<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |   2302775 | PA      | $2111644.68   | 0.83%             | 2029-02-19      | Floating      | 11.70%                | No            |                  2 | On Loan: No      |
| CCI Buyer, Inc.                                        | CCI Buyer, Inc.                                                     | CUSIP: 12510EAC1<br>LEI: 254900TMV7DAFRQALU04 | Long             | LON              | CORP              | US        |   2754489 | PA      | $2638800.07   | 1.04%             | 2027-12-17      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| BBB Industries US Holdings Inc                         | Burgess Point Purchaser Corp.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2106800 | PA      | $1922455.00   | 0.75%             | 2029-07-25      | Floating      | 9.67%                 | No            |                  2 | On Loan: No      |
| Wheel Pros, Inc.                                       | Wheel Pros, Inc.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1582985 | PA      | $1082176.26   | 0.42%             | 2028-05-11      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                           | Navient Corp.                                                       | CUSIP: N/A<br>LEI: 54930067J0ZNOEBRW338       | Long             | DBT              | CORP              | US        |    100000 | PA      | $81747.03     | 0.03%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Service Corp Intl                                      | Service Corp. International                                         | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84367.08     | 0.03%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sba Communications Corp                                | SBA Communications Corp.                                            | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    101000 | PA      | $84157.75     | 0.03%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Ring Container Technologies Group LLC                  | Ring Container Technologies Group, LLC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    815363 | PA      | $806194.47    | 0.32%             | 2028-08-12      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Murphy Oil Usa Inc                                     | Murphy Oil USA, Inc.                                                | CUSIP: 626738AF5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    240000 | PA      | $197956.67    | 0.08%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Idera, Inc.                                            | Idera, Inc.                                                         | CUSIP: 45168RAQ6<br>LEI: 549300VQ6S3PWR8NUC48 | Long             | LON              | CORP              | US        |    592544 | PA      | $560324.65    | 0.22%             | 2028-03-02      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Project Castle Inc                                     | Project Castle, Inc.                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2175500 | PA      | $1770313.13   | 0.69%             | 2029-06-01      | Floating      | 10.08%                | No            |                  2 | On Loan: No      |
| Prime Security Services Bor                            | Prime Security Services Borrower LLC                                | CUSIP: 03765VAK6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |   2050000 | PA      | $2034625.00   | 0.80%             | 2026-09-23      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Starwood Property Trust                                | Starwood Property Trust, Inc.                                       | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    380000 | PA      | $333068.27    | 0.13%             | 2027-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Hecla Mining Co                                        | Hecla Mining Co.                                                    | CUSIP: 422704AH9<br>LEI: 5493009Y6HOBZD1QD537 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49309.04     | 0.02%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                       | Sabre GLBL, Inc.                                                    | CUSIP: N/A<br>LEI: F2TJC7HPPHLHU1AQMP98       | Long             | LON              | CORP              | US        |    432316 | PA      | $395028.80    | 0.16%             | 2027-12-17      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower LLC                   | Prime Security Services Borrower LLC / Prime Finance, Inc.          | CUSIP: 74166MAE6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |    120000 | PA      | $109466.40    | 0.04%             | 2028-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Onemain Finance Corp                                   | OneMain Finance Corp.                                               | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     75000 | PA      | $59739.00     | 0.02%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Blackstone Mortgage Tr                                 | Blackstone Mortgage Trust, Inc.                                     | CUSIP: 09259GAE3<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | LON              | CORP              | US        |    438883 | PA      | $431202.79    | 0.17%             | 2026-04-23      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Xerox Holdings Corp                                    | Xerox Holdings Corp.                                                | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    220000 | PA      | $176418.43    | 0.07%             | 2028-08-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Cvr Energy Inc                                         | CVR Energy, Inc.                                                    | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    178000 | PA      | $155230.24    | 0.06%             | 2028-02-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Nabors Industries Ltd                                  | Nabors Industries, Ltd.                                             | CUSIP: 629571AB6<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $91647.61     | 0.04%             | 2028-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Recess Holdings, Inc.                                  | Recess Holdings, Inc.                                               | CUSIP: 72811HAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1217339 | PA      | $1212780.18   | 0.48%             | 2024-09-30      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Papa John's Internationa                               | Papa John's International, Inc.                                     | CUSIP: 698813AA0<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16725.50     | 0.01%             | 2029-09-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Consensus Cloud Solution                               | Consensus Cloud Solutions, Inc.                                     | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $128949.60    | 0.05%             | 2028-10-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Marriott Ownership Resor                               | Marriott Ownership Resorts, Inc.                                    | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |     45000 | PA      | $39254.93     | 0.02%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises                                | Royal Caribbean Cruises, Ltd.                                       | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    170000 | PA      | $171013.20    | 0.07%             | 2027-08-15      | Fixed         | 11.62%                | Yes           |                  2 | On Loan: No      |
| Apache Corp                                            | Apache Corp.                                                        | CUSIP: 037411BG9<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60725.35     | 0.02%             | 2049-07-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Davita Inc                                             | DaVita, Inc.                                                        | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     57000 | PA      | $45972.88     | 0.02%             | 2030-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Bombardier Inc                                         | Bombardier, Inc.                                                    | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    280000 | PA      | $272170.04    | 0.11%             | 2027-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Help/Systems Holdings, Inc.                            | Help/Systems Holdings, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3234776 | PA      | $2925046.55   | 1.15%             | 2026-11-19      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| Air Canada                                             | Air Canada                                                          | CUSIP: N/A<br>LEI: 4B4HI3CGXMBDC0G6BM51       | Long             | LON              | CORP              | CA        |   1300000 | PA      | $1288826.50   | 0.51%             | 2028-08-11      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Triumph Group Inc                                      | Triumph Group, Inc.                                                 | CUSIP: 896818AP6<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51130.20     | 0.02%             | 2025-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Galaxy US Opco Inc.                                    | Galaxy US Opco Inc. TL                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    981451 | PA      | $890666.66    | 0.35%             | 2029-04-29      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| Grifols Worldwide Operations USA Inc                   | Grifols Worldwide Operati Tlb                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2322991 | PA      | $2251373.21   | 0.88%             | 2027-11-15      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                               | Service Properties Trust                                            | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    140000 | PA      | $110485.20    | 0.04%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Enviva Partners Lp/fin C                               | Enviva Partners LP / Enviva Partners Finance Corp.                  | CUSIP: 29413XAD9<br>LEI: 549300WH5VXDEFM5KR81 | Long             | DBT              | CORP              | US        |    130000 | PA      | $122644.60    | 0.05%             | 2026-01-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WWEX UNI TopCo Holdings LLC                            | WWEX UNI TopCo Holdings LLC                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1559861 | PA      | $1432584.22   | 0.56%             | 2028-07-26      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Tutor Perini Corp.                                     | Tutor Perini Corp.                                                  | CUSIP: 901109AF5<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | DBT              | CORP              | US        |     80000 | PA      | $70126.13     | 0.03%             | 2025-05-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Crown Finance US, Inc.                                 | Crown Finance US, Inc.                                              | CUSIP: 22834KAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2035680 | PA      | $384723.20    | 0.15%             | 2025-02-28      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Avis Budget Car/finance                                | Avis Budget Car Rental LLC / Avis Budget Finance, Inc.              | CUSIP: 053773BF3<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |     70000 | PA      | $59971.70     | 0.02%             | 2029-03-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Rayonier Am Prod Inc                                   | Rayonier AM Products, Inc.                                          | CUSIP: 75508EAB4<br>LEI: 549300ZGRDDK1QM6MM16 | Long             | DBT              | CORP              | US        |    185000 | PA      | $178621.20    | 0.07%             | 2026-01-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Agl Clo Ltd.                                           | AGL CLO 9, Ltd.                                                     | CUSIP: 001208AA5<br>LEI: 549300U1G1VA46DEO184 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1357942.50   | 0.53%             | 2034-01-20      | Floating      | 11.50%                | Yes           |                  3 | On Loan: No      |
| Chs/community Health Sys                               | CHS/Community Health Systems, Inc.                                  | CUSIP: 12543DBD1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     60000 | PA      | $54401.57     | 0.02%             | 2027-12-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Adtalem Global Education                               | Adtalem Global Education, Inc.                                      | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |     90000 | PA      | $81784.80     | 0.03%             | 2028-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                       | Sabre GLBL, Inc.                                                    | CUSIP: N/A<br>LEI: F2TJC7HPPHLHU1AQMP98       | Long             | LON              | CORP              | US        |    688317 | PA      | $628950.00    | 0.25%             | 2027-12-17      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Tri Pointe Homes Inc                                   | Tri Pointe Homes, Inc.                                              | CUSIP: 87265HAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $108896.61    | 0.04%             | 2028-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Global Medical Response, Inc.                          | Global Medical Response, Inc.                                       | CUSIP: 00169QAD1<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | LON              | CORP              | US        |    619204 | PA      | $442474.13    | 0.17%             | 2025-03-14      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| Mitchell International, Inc.                           | Mitchell International, Inc.                                        | CUSIP: N/A<br>LEI: 5493002RDNIGEM7SSV41       | Long             | LON              | CORP              | US        |    592784 | PA      | $495344.72    | 0.19%             | 2029-10-15      | Floating      | 11.23%                | No            |                  2 | On Loan: No      |
| Macy's Retail Hldgs Llc                                | Macy's Retail Holdings LLC                                          | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $91266.00     | 0.04%             | 2030-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Trinet Group Inc                                       | TriNet Group, Inc.                                                  | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32940.00     | 0.01%             | 2029-03-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Crestwood Mid Partner Lp                               | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp. | CUSIP: 67421QAA0<br>LEI: 549300VJQPPSEJPBNA66 | Long             | DBT              | CORP              | US        |    101000 | PA      | $100651.58    | 0.04%             | 2029-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Transdigm Inc                                          | TransDigm, Inc.                                                     | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    230000 | PA      | $200910.75    | 0.08%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Cor                               | Occidental Petroleum Corp.                                          | CUSIP: 674599DE2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     90000 | PA      | $99519.75     | 0.04%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Lamb Weston Hld                                        | Lamb Weston Holdings, Inc.                                          | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    295000 | PA      | $280034.65    | 0.11%             | 2028-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Vantage Specialty Chemicals, Inc.                      | Vantage Specialty Chemicals, Inc.                                   | CUSIP: 92211YAB3<br>LEI: 54930057U5S5AY44VU09 | Long             | LON              | CORP              | US        |   1200000 | PA      | $1115250.00   | 0.44%             | 2025-10-27      | Floating      | 12.98%                | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                                    | Meritage Homes Corp.                                                | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    140000 | PA      | $118930.00    | 0.05%             | 2029-04-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Car Rental Llc                             | Avis Budget Car Rental LLC                                          | CUSIP: 05377JAR3<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | LON              | CORP              | US        |   1944987 | PA      | $1890488.61   | 0.74%             | 2027-08-06      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Transdigm Inc                                          | TransDigm, Inc.                                                     | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    185000 | PA      | $162989.63    | 0.06%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Cambrex Corp.                                          | Cambrex Corp.                                                       | CUSIP: 13201FAU0<br>LEI: 4Q9DLX2VIFGJMOYJ4Y35 | Long             | LON              | CORP              | US        |   1849809 | PA      | $1801482.76   | 0.71%             | 2026-12-04      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Phoenix Guarantor, Inc.                                | Phoenix Guarantor, Inc.                                             | CUSIP: 71913BAH5<br>LEI: 254900JIOIDL3GSUFE55 | Long             | LON              | CORP              | US        |   1934983 | PA      | $1825473.00   | 0.72%             | 2026-03-05      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Heartland Dental LLC                                   | Heartland Dental Care, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1390582 | PA      | $1314099.61   | 0.52%             | 2025-04-30      | Floating      | 9.32%                 | No            |                  3 | On Loan: No      |
| Cogeco Communications Us                               | Cogeco Communications USA II LP                                     | CUSIP: 19239PAB3<br>LEI: 549300UVJTPYOZ6XKH79 | Long             | LON              | CORP              | US        |   2040802 | PA      | $2018128.78   | 0.79%             | 2025-01-04      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Viasat Inc                                             | Viasat, Inc.                                                        | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    225000 | PA      | $169165.75    | 0.07%             | 2028-07-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Enova International Inc                                | Enova International, Inc.                                           | CUSIP: 29357KAF0<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18574.58     | 0.01%             | 2025-09-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Engineered Machinery Hol                               | Engineered Machinery Holdings, Inc.                                 | CUSIP: 26658NAP4<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |   2537247 | PA      | $2460736.79   | 0.97%             | 2028-05-21      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Life Time Inc                                          | Life Time, Inc.                                                     | CUSIP: 53190FAC9<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |    110000 | PA      | $99137.50     | 0.04%             | 2026-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Palmer Square Clo Ltd                                  | Palmer Square CLO 2019-1, Ltd.                                      | CUSIP: 69700WAG2<br>LEI: 549300Y43K78UTRMTN21 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $885567.70    | 0.35%             | 2034-11-14      | Floating      | 11.15%                | Yes           |                  3 | On Loan: No      |
| Full House Resorts Inc                                 | Full House Resorts, Inc.                                            | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26596.80     | 0.01%             | 2028-02-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Acadia Healthcare Co Inc                               | Acadia Healthcare Co., Inc.                                         | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    120000 | PA      | $114012.00    | 0.04%             | 2028-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| WP CityMD Bidco LLC                                    | Iaa Spinco Inc. Tlb                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4644822 | PA      | $4641013.18   | 1.82%             | 2028-12-22      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| Verscend Holding Corp.                                 | Verscend Holding Corp.                                              | CUSIP: 92531HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1763427 | PA      | $1755711.87   | 0.69%             | 2025-08-27      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operatin                               | Hilton Domestic Operating Co., Inc.                                 | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    110000 | PA      | $95297.40     | 0.04%             | 2029-05-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Nationstar Mtg Hld Inc                                 | Nationstar Mortgage Holdings, Inc.                                  | CUSIP: 63861CAA7<br>LEI: 549300LBCBNR1OT00651 | Long             | DBT              | CORP              | US        |    110000 | PA      | $98623.80     | 0.04%             | 2027-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Cruises                                | Royal Caribbean Cruises, Ltd.                                       | CUSIP: 780153AG7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     85000 | PA      | $72468.09     | 0.03%             | 2027-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Parallel Ltd                                           | Parallel CLO 2019-1, Ltd.                                           | CUSIP: 69916YAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    667000 | PA      | $583770.81    | 0.23%             | 2032-07-20      | Floating      | 10.96%                | Yes           |                  3 | On Loan: No      |
| American Money Management Corporation                  | AMMC CLO 24, Ltd.                                                   | CUSIP: 00177LAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1300000 | PA      | $1193659.48   | 0.47%             | 2035-01-20      | Floating      | 7.64%                 | Yes           |                  3 | On Loan: No      |
| Tekni-Plex, Inc.                                       | Tekni-Plex, Inc.                                                    | CUSIP: N/A<br>LEI: 549300TPLK304J3RNC85       | Long             | LON              | CORP              | US        |     40317 | PA      | $38812.38     | 0.02%             | 2028-09-15      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Amwins Group Inc                                       | AmWINS Group, Inc.                                                  | CUSIP: 03234TAW8<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |   1550000 | PA      | $1524448.25   | 0.60%             | 2028-02-19      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Cengage Learning Inc                                   | Cengage Learning, Inc.                                              | CUSIP: N/A<br>LEI: 549300BYGM0FWUSVXJ88       | Long             | LON              | CORP              | US        |   1061815 | PA      | $957459.84    | 0.38%             | 2026-07-14      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Co                                   | Commercial Metals Co.                                               | CUSIP: 201723AP8<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     95000 | PA      | $80011.14     | 0.03%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Cdi Escrow Issuer Inc                                  | CDI Escrow Issuer, Inc.                                             | CUSIP: 12511VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $26945.52     | 0.01%             | 2030-04-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| 1011778 B.C. Unlimited Liability Company               | 1011778 B.C. Unlimited Liability Company                            | CUSIP: C6901LAH0<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |   1994859 | PA      | $1964397.12   | 0.77%             | 2026-11-19      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Fiserv Investment Solutions, Inc.                      | Fiserv Investment Solutions, Inc.                                   | CUSIP: 33774UAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    868834 | PA      | $827025.33    | 0.32%             | 2027-02-18      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Northern Oil And Gas Inc                               | Northern Oil and Gas, Inc.                                          | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    140000 | PA      | $134602.16    | 0.05%             | 2028-03-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| ION Trading Finance, Ltd.                              | ION Trading Finance, Ltd.                                           | CUSIP: N/A<br>LEI: 5493009ZVXOKZLQ6QJ12       | Long             | LON              | CORP              | IE        |    409011 | PA      | $388998.43    | 0.15%             | 2028-04-01      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo Spa                                    | Intesa Sanpaolo SpA                                                 | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    310000 | PA      | $298249.22    | 0.12%             | 2026-01-15      | Fixed         | 5.71%                 | Yes           |                  2 | On Loan: No      |
| ARC FALCON I INC                                       | Arc Falcon I, Inc. Delayed                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     11983 | PA      | $10583.82     | 0.00%             | 2028-09-30      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Enlink Midstream Partner                               | EnLink Midstream Partners LP                                        | CUSIP: 29336UAG2<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    175000 | PA      | $140879.38    | 0.06%             | 2047-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Wynn Las Vegas Llc/corp                                | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp.                   | CUSIP: 983130AX3<br>LEI: 2549002X45DR4UI7NA62 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18081.02     | 0.01%             | 2027-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Berry Petroleum Co Llc                                 | Berry Petroleum Co. LLC                                             | CUSIP: 08580BAA4<br>LEI: DQ2XTZKV7SILNNV77403 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18400.31     | 0.01%             | 2026-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Apollo Cmmrl Real Est Fi                               | Apollo Commercial Real Estate Finance, Inc.                         | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |     95000 | PA      | $76160.55     | 0.03%             | 2029-06-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| LI Group Holdings, Inc.                                | LI Group Holdings, Inc.                                             | CUSIP: 50201FAD0<br>LEI: 549300WTOOUDL4F82264 | Long             | LON              | CORP              | US        |   1034880 | PA      | $1016769.60   | 0.40%             | 2028-03-11      | Floating      | 8.13%                 | No            |                  3 | On Loan: No      |
| Trans Union LLC                                        | TransUnion 11/21 B6 TLB                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    553432 | PA      | $548935.69    | 0.22%             | 2028-12-01      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Viant Medical Holdings, Inc.                           | Viant Medical Holdings, Inc.                                        | CUSIP: 58506PAF8<br>LEI: 549300E68YOWU15QSF58 | Long             | LON              | CORP              | US        |   3172132 | PA      | $2811967.85   | 1.10%             | 2025-07-02      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Mgic Investment Corp                                   | MGIC Investment Corp.                                               | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |    110000 | PA      | $101614.16    | 0.04%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Covanta Holding Corporation                            | Covanta 11/21 TLC                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    176400 | PA      | $175360.99    | 0.07%             | 2028-11-30      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Ati Inc                                                | ATI, Inc.                                                           | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    140000 | PA      | $123962.94    | 0.05%             | 2031-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Hess Midstream Operation                               | Hess Midstream Operations LP                                        | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $17125.42     | 0.01%             | 2030-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Revspring, Inc.                                        | Revspring, Inc.                                                     | CUSIP: 76155WAC6<br>LEI: XX9565OVKA4TOKTD1R27 | Long             | LON              | CORP              | US        |   1728000 | PA      | $1671840.00   | 0.66%             | 2025-10-11      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operatin                               | Hilton Domestic Operating Co., Inc.                                 | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    170000 | PA      | $154341.30    | 0.06%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Encompass Health Corp                                  | Encompass Health Corp.                                              | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    140000 | PA      | $120557.05    | 0.05%             | 2031-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Lereta LLC                                             | Lereta, LLC                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    700357 | PA      | $616313.98    | 0.24%             | 2028-07-30      | Floating      | 9.63%                 | No            |                  2 | On Loan: No      |
| Bally's Corp                                           | Bally's Corp.                                                       | CUSIP: 05875CAB0<br>LEI: 549300NS4D5IK406VT62 | Long             | LON              | CORP              | US        |   2226330 | PA      | $2066034.60   | 0.81%             | 2028-10-01      | Floating      | 7.54%                 | No            |                  2 | On Loan: No      |
| Trident TPI Holdings, Inc.                             | Tekni-Plex, Inc.                                                    | CUSIP: 00216EAE9<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    283005 | PA      | $272443.54    | 0.11%             | 2028-09-17      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| EG Group, Ltd.                                         | EG Group, Ltd.                                                      | CUSIP: N2820EAD0<br>LEI: 549300BY1CRYVPEG9R57 | Long             | LON              | CORP              | US        |    314805 | PA      | $295720.24    | 0.12%             | 2026-03-31      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Western Midstream Operat                               | Western Midstream Operating LP                                      | CUSIP: 958254AL8<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     80000 | PA      | $66639.00     | 0.03%             | 2048-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Halseypoint Clo Ltd.                                   | HalseyPoint CLO 4, Ltd.                                             | CUSIP: 40637NAA4<br>LEI: 549300CMJUK1VCINNF57 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $890259.30    | 0.35%             | 2034-04-20      | Floating      | 10.95%                | Yes           |                  3 | On Loan: No      |
| Pra Group Inc                                          | PRA Group, Inc.                                                     | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    152000 | PA      | $125623.44    | 0.05%             | 2029-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Park Avenue Institutional Advisers Clo                 | Park Avenue Institutional Advisers CLO, Ltd. 2022-1                 | CUSIP: 70016DAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $880541.60    | 0.35%             | 2035-04-20      | Floating      | 11.25%                | Yes           |                  3 | 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        |    860357 | PA      | $764281.06    | 0.30%             | 2029-03-30      | Floating      | 11.07%                | No            |                  2 | On Loan: No      |
| 1011778 Bc / New Red Fin                               | 1011778 BC ULC / New Red Finance, Inc.                              | CUSIP: 68245XAM1<br>LEI: 549300RHSHNRWI5LLA86 | Long             | DBT              | CORP              | CA        |    270000 | PA      | $219211.65    | 0.09%             | 2030-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Nufarm Australia/america                               | Nufarm Australia, Ltd. / Nufarm Americas, Inc.                      | CUSIP: 67052NAB1<br>LEI: 254900Z2JJWSZ7WQM263 | Long             | DBT              | CORP              | AU        |    100000 | PA      | $86784.00     | 0.03%             | 2030-01-27      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Fmg Resources Aug 2006                                 | FMG Resources August 2006 Pty, Ltd.                                 | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    153000 | PA      | $142908.89    | 0.06%             | 2032-04-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Charter Next Generation, Inc.                          | Charter Next Generation, Inc.                                       | CUSIP: N/A<br>LEI: 549300KRNU8RNVGYXG75       | Long             | LON              | CORP              | US        |         1 | PA      | $1.43         | 0.00%             | 2027-12-01      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Fmg Resources Aug 2006                                 | FMG Resources August 2006 Pty, Ltd.                                 | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     60000 | PA      | $50016.51     | 0.02%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Madison IAQ LLC                                        | Madison IAQ LLC                                                     | CUSIP: N/A<br>LEI: 549300IXDNBXNHUPBU73       | Long             | LON              | CORP              | US        |      6778 | PA      | $6323.51      | 0.00%             | 2028-06-21      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| Romark Clo Ltd                                         | Romark CLO, Ltd.                                                    | CUSIP: 77587UAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $450730.55    | 0.18%             | 2030-10-23      | Floating      | 7.32%                 | Yes           |                  3 | On Loan: No      |
| Geon Performance Solutio                               | Geon Performance Solutions LLC                                      | CUSIP: 37254YAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    560802 | PA      | $546782.42    | 0.21%             | 2028-08-18      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| Mitnick Corporate Purchaser Inc                        | Mitnick Corporate Purchaser Inc.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    602707 | PA      | $566170.79    | 0.22%             | 2029-05-02      | Floating      | 8.94%                 | No            |                  2 | On Loan: No      |
| Napa Management Services                               | NAPA Management Services Corp.                                      | CUSIP: 63035HAC3<br>LEI: 549300C5SN85QZ48R870 | Long             | LON              | CORP              | US        |   1330797 | PA      | $1095831.63   | 0.43%             | 2029-02-18      | Floating      | 9.37%                 | No            |                  2 | On Loan: No      |
| Citco III Ltd                                          | The Citco Group Limited, TLB                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | KY        |   2111348 | PA      | $2100790.78   | 0.82%             | 2028-04-27      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| Charter Communications Oper                            | Charter Communications Operating LLC                                | CUSIP: 16117LBX6<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |   1546005 | PA      | $1511993.04   | 0.59%             | 2027-02-01      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| PetVet Care Centers LLC                                | PetVet Care Centers LLC                                             | CUSIP: 70476XAF2<br>LEI: 549300V0HK8MSXZNOM91 | Long             | LON              | CORP              | US        |   3373588 | PA      | $3116352.14   | 1.22%             | 2026-02-13      | Floating      | 10.63%                | No            |                  2 | On Loan: No      |
| Chariot Buyer Llc                                      | Chariot Buyer LLC                                                   | CUSIP: 15963CAC0<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |   1579921 | PA      | $1493025.19   | 0.59%             | 2028-11-03      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| SPX Flow Inc                                           | Redwood Star Merger Sub, Inc.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |   1288223 | PA      | $1206562.42   | 0.47%             | 2029-04-05      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Sonic Automotive Inc                                   | Sonic Automotive, Inc.                                              | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48120.47     | 0.02%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Ivanti Software, Inc.                                  | Ivanti Software, Inc.                                               | CUSIP: N/A<br>LEI: 254900GHAXAYKWDX9F60       | Long             | LON              | CORP              | US        |   1877117 | PA      | $1494851.25   | 0.59%             | 2027-12-01      | Floating      | 9.01%                 | No            |                  2 | On Loan: No      |
| Wand Newco 3, Inc.                                     | Wand NewCo 3, Inc.                                                  | CUSIP: 93369PAF1<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |    129247 | PA      | $122899.41    | 0.05%             | 2026-02-05      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| National Mentor Holdings Inc                           | National Mentor Holdings, Inc., TLC                                 | CUSIP: N/A<br>LEI: 5493004QULJVJP3CNZ62       | Long             | LON              | CORP              | US        |     93780 | PA      | $66063.06     | 0.03%             | 2028-03-02      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corp                                        | Fair Isaac Corp.                                                    | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    320000 | PA      | $290968.32    | 0.11%             | 2028-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Safety Products/JHC Acquisition Corp.                  | Justrite Safety Group                                               | CUSIP: 78649EAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     96966 | PA      | $87451.64     | 0.03%             | 2026-06-28      | Floating      | 8.88%                 | No            |                  2 | On Loan: No      |
| Frontier Communications                                | Frontier Communications Holdings LLC                                | CUSIP: 35906ABG2<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |    250000 | PA      | $207157.50    | 0.08%             | 2029-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Ttm Technologies Inc                                   | TTM Technologies, Inc.                                              | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60129.30     | 0.02%             | 2029-03-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                   | Clear Channel Outdoor Holdings, Inc.                                | CUSIP: 18452RAD7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1732097 | PA      | $1581621.26   | 0.62%             | 2026-08-21      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Calpine Corp                                           | Calpine Corp.                                                       | CUSIP: 13134MBQ5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | LON              | CORP              | US        |   1994832 | PA      | $1973018.55   | 0.77%             | 2026-04-01      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| Firstcash Inc                                          | FirstCash, Inc.                                                     | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43978.04     | 0.02%             | 2028-09-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Wynn Resorts Finance Llc                               | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.               | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $180340.65    | 0.07%             | 2029-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Brown Group Holding Llc                                | Brown Group Holding LLC                                             | CUSIP: 11565HAB2<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |   1545808 | PA      | $1520263.53   | 0.60%             | 2028-06-07      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Icahn Enterprises/fin                                  | Icahn Enterprises LP / Icahn Enterprises Finance Corp.              | CUSIP: 451102CC9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25412.85     | 0.01%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                        | Yum! Brands, Inc.                                                   | CUSIP: N/A<br>LEI: 549300JE8XHZZ7OHN517       | Long             | DBT              | CORP              | US        |     50000 | PA      | $46380.00     | 0.02%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CryoLife, Inc.                                         | Artivion, Inc.                                                      | CUSIP: 22904TAC1<br>LEI: 549300YTKV8DMSMG6K81 | Long             | LON              | CORP              | US        |   2390959 | PA      | $2235546.70   | 0.88%             | 2027-06-01      | Floating      | 8.34%                 | No            |                  2 | On Loan: No      |
| Commscope Inc                                          | CommScope, Inc.                                                     | CUSIP: 20338QAA1<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    135000 | PA      | $104838.30    | 0.04%             | 2027-03-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Beazer Homes Usa                                       | Beazer Homes USA, Inc.                                              | CUSIP: 07556QBT1<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     65000 | PA      | $57922.72     | 0.02%             | 2029-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Kaiser Aluminum Corp                                   | Kaiser Aluminum Corp.                                               | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $32202.00     | 0.01%             | 2031-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Buckeye Partners Lp                                    | Buckeye Partners LP                                                 | CUSIP: 11823LAK1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | LON              | CORP              | US        |   1107176 | PA      | $1102392.57   | 0.43%             | 2026-11-01      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Pennymac Fin Svcs Inc                                  | PennyMac Financial Services, Inc.                                   | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     80000 | PA      | $62510.30     | 0.02%             | 2029-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Post Holdings Inc                                      | Post Holdings, Inc.                                                 | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    125000 | PA      | $105313.19    | 0.04%             | 2031-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Gartner Inc                                            | Gartner, Inc.                                                       | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    210000 | PA      | $184784.25    | 0.07%             | 2029-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Safety Products/JHC Acquisition Corp.                  | Justrite Safety Group                                               | CUSIP: 78649EAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1793710 | PA      | $1617702.36   | 0.63%             | 2026-06-28      | Floating      | 8.88%                 | No            |                  2 | On Loan: No      |
| Suburban Propane Partnrs                               | Suburban Propane Partners LP/Suburban Energy Finance Corp.          | CUSIP: 864486AL9<br>LEI: JJAX4X60DE65EYFOTY73 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51075.45     | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CPC Acquisition Corp.                                  | CPC Acquisition Corp.                                               | CUSIP: 12656UAB1<br>LEI: 254900UFA4AMH3PZZW32 | Long             | LON              | CORP              | US        |   1188757 | PA      | $868981.55    | 0.34%             | 2027-12-29      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Allegro Clo Ltd                                        | Allegro CLO XII, Ltd.                                               | CUSIP: 01750UAA1<br>LEI: 254900E0ZQX4DLP7HF87 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $909346.60    | 0.36%             | 2032-01-21      | Floating      | 11.38%                | Yes           |                  3 | On Loan: No      |
| Outcomes Group Holdings, Inc.                          | Outcomes Group Holdings, Inc.                                       | CUSIP: 21652EAE6<br>LEI: 5493005V7ZG5K84MO728 | Long             | LON              | CORP              | US        |    147929 | PA      | $142011.83    | 0.06%             | 2026-10-26      | Floating      | 12.23%                | No            |                  3 | On Loan: No      |
| Polaris Newco LLC                                      | Polaris Newco LLC                                                   | CUSIP: N/A<br>LEI: 254900LEPDAG7EDOA064       | Long             | LON              | CORP              | US        |   2828344 | PA      | $2587934.79   | 1.02%             | 2028-06-02      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Element Materials Technology Group US Holding Inc      | Element Materials Technology Group Holdings DTL                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    841175 | PA      | $824002.77    | 0.32%             | 2029-06-22      | Floating      | 8.93%                 | No            |                  2 | On Loan: No      |
| AssuredPartners, Inc.                                  | AssuredPartners, Inc.                                               | CUSIP: 04621HAS2<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |      2479 | PA      | $2406.71      | 0.00%             | 2027-02-13      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Asbury Automotive Group                                | Asbury Automotive Group, Inc.                                       | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24720.00     | 0.01%             | 2032-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Kbr Inc                                                | KBR, Inc.                                                           | CUSIP: 48242WAC0<br>LEI: 254900OFQDXZRKRCV808 | Long             | DBT              | CORP              | US        |     60000 | PA      | $53367.17     | 0.02%             | 2028-09-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Iron Mountain Inc                                      | Iron Mountain, Inc.                                                 | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    360000 | PA      | $314596.80    | 0.12%             | 2029-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Phh Mortgage Corp                                      | PHH Mortgage Corp.                                                  | CUSIP: 69356NAA2<br>LEI: PAOOWF3GUFM46FBSP561 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35583.37     | 0.01%             | 2026-03-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Nabors Industries Ltd                                  | Nabors Industries, Ltd.                                             | CUSIP: 629571AA8<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $94397.90     | 0.04%             | 2026-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| National Mentor Holdings Inc                           | National Mentor Holdings, Inc., TL                                  | CUSIP: N/A<br>LEI: 5493004QULJVJP3CNZ62       | Long             | LON              | CORP              | US        |   3314153 | PA      | $2334638.55   | 0.92%             | 2028-03-02      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Adevinta ASA                                           | Adevinta ASA                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NO        |    698228 | PA      | $692292.91    | 0.27%             | 2027-10-22      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| Patrick Industries Inc                                 | Patrick Industries, Inc.                                            | CUSIP: N/A<br>LEI: 549300FZ5ZTCCJ3Z5W14       | Long             | DBT              | CORP              | US        |     40000 | PA      | $33252.00     | 0.01%             | 2029-05-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Freeport LNG Investments LLLP                          | Freeport LNG                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3014412 | PA      | $2873322.28   | 1.13%             | 2028-12-21      | Floating      | 7.74%                 | No            |                  2 | On Loan: No      |
| Carpenter Technology                                   | Carpenter Technology Corp.                                          | CUSIP: 144285AL7<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |     71000 | PA      | $67648.45     | 0.03%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Tempur Sealy Intl Inc                                  | Tempur Sealy International, Inc.                                    | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168321.00    | 0.07%             | 2029-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operation                               | Hess Midstream Operations LP                                        | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $27794.00     | 0.01%             | 2028-06-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Whatabrands LLC                                        | Whatabrands LLC                                                     | CUSIP: N/A<br>LEI: 254900HMMX4HTWIP0085       | Long             | LON              | CORP              | US        |   2288442 | PA      | $2216928.40   | 0.87%             | 2028-08-03      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Topbuild Corp                                          | TopBuild Corp.                                                      | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     38000 | PA      | $31205.78     | 0.01%             | 2029-03-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                 | AthenaHealth Group, Inc. Delayed                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    424660 | PA      | $384470.02    | 0.15%             | 2029-02-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Tailwind Smith Cooper Intermediate Corp.               | Tailwind Smith Cooper Intermediate Corp.                            | CUSIP: 87403UAB9<br>LEI: 5493009Z35W85MD6BT92 | Long             | LON              | CORP              | US        |   2369764 | PA      | $2155003.78   | 0.85%             | 2026-05-28      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| Group 1 Automotive Inc                                 | Group 1 Automotive, Inc.                                            | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    120000 | PA      | $101773.22    | 0.04%             | 2028-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CDK Global Inc                                         | CDK Global, Inc.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2478588 | PA      | $2460419.95   | 0.97%             | 2029-07-06      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| Coeur Mining Inc                                       | Coeur Mining, Inc.                                                  | CUSIP: 192108BC1<br>LEI: 5493003AVK173D48DR70 | Long             | DBT              | CORP              | US        |     70000 | PA      | $54720.86     | 0.02%             | 2029-02-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| National Intergovernmental Purchasing Alliance Company | National Intergovernmental Purchasing Alliance Company              | CUSIP: 63653YAB9<br>LEI: 549300SMECQREC3K2B56 | Long             | LON              | CORP              | US        |   1163163 | PA      | $1150083.63   | 0.45%             | 2025-05-23      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| Element Materials Technology Group US Holding Inc      | Element Materials Technology Group Holdings TL                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1822546 | PA      | $1785338.87   | 0.70%             | 2029-06-22      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Global Medical Response, Inc.                          | Global Medical Response, Inc.                                       | CUSIP: 00169QAF6<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | LON              | CORP              | US        |   2287380 | PA      | $1616903.13   | 0.63%             | 2025-10-02      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| Hps Loan Management 6-2015, Ltd.                       | HPS Loan Management CLO 6-2015, Ltd.                                | CUSIP: 40437BAA2<br>LEI: 549300OYG05TXUTUVD98 | Long             | ABS-CBDO         | CORP              | KY        |    833000 | PA      | $690087.94    | 0.27%             | 2031-02-05      | Floating      | 9.63%                 | Yes           |                  3 | On Loan: No      |
| Atlas CC Acquisition Corp.                             | Atlas CC Acquisition Corp.                                          | CUSIP: 04921TAB0<br>LEI: 6HHLXIOGCDNZ4IRAIW26 | Long             | LON              | CORP              | US        |   2992988 | PA      | $2534417.04   | 0.99%             | 2028-05-25      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| NASCAR                                                 | NASCAR HOLDINGS, INC. TLB                                           | CUSIP: N/A<br>LEI: 254900HRWKQR5V0WN013       | Long             | LON              | CORP              | US        |   1197045 | PA      | $1195830.24   | 0.47%             | 2026-07-27      | Floating      | 3.56%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                        | Yum! Brands, Inc.                                                   | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    180000 | PA      | $165452.40    | 0.06%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Galaxy Clo Ltd                                         | Galaxy 30 Clo, Ltd.                                                 | CUSIP: 36321TAA0<br>LEI: 549300QQ6WEN7DIBD138 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $886980.50    | 0.35%             | 2035-04-15      | Floating      | 10.81%                | Yes           |                  3 | On Loan: No      |
| Vista Outdoor Inc                                      | Vista Outdoor, Inc.                                                 | CUSIP: 928377AC4<br>LEI: 549300QI2D33ESTJLN81 | Long             | DBT              | CORP              | US        |     90000 | PA      | $66198.60     | 0.03%             | 2029-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Science Applications Int                               | Science Applications International Corp.                            | CUSIP: 808625AA5<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92659.30     | 0.04%             | 2028-04-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** BLACKSTONE FLOATING RATE ENHANCED INCOME FUND

**Signature:** Gregory Roppa

**Name of Signer:** Gregory Roppa

**Title:** Treasurer and Chief Financial Officer